Ritter on Real Estate

On today's episode of Ritter On Real Estate, We chat with Robert Preston. Robert Preston is the CEO and co-founder of Climb Capital, a real estate investment firm specializing in RV parks. With a background in aviation and a former career as a Marine Corps pilot, Preston transitioned into real estate investing, focusing on value-add opportunities in niche markets like RV parks. Under his leadership, Climb Capital has successfully acquired and managed multiple RV parks across the United States, leveraging the growing demand for affordable, flexible living spaces. Preston is known for his hands-on approach to investing and his commitment to helping investors achieve passive income through alternative real estate assets. Welcome Robert!- Why RV parks are a great investment- Why the Sunbelt is ideal for investing in RV parks- Robert's operational model: Highlighting the key parts- Examples from companies like Bambi and Century in RV park operations- Pros and cons of owning an RV park- Easy improvements that can be added to parksIf you're interested in learning more about investing in RV parks or want to get in touch with today's guest, Robert Preston, you can visit his company's website at ClimbCapital.com

 On today's episode of Ritter On Real Estate, We chat with Jim Pfeifer. Jim founded Left Field Investors which is now PassivePockets. Formerly a financial advisor, Jim is committed to sharing his knowledge with others eager to explore alternative ways to grow wealth. Jim believes in Community Personal Finance and works with PassivePockets to promote passive investment in real estate syndications through knowledge sharing, networking, and continuous learning. Passive Pockets Invetor Community collectively reviews and discusses investing opportunities, ensuring well-informed decisions and access to unique prospects. Jim has a diverse professional background and holds degrees in Finance & Marketing. He resides in Dublin, Ohio, with his family.  Welcome to the show again, Jim! Key Points From The Episode:- Jim's background in finance, becoming an accidental landlord.- Partners with Bigger Pockets (Passive Pockets).- What Passive Pockets is and the value it offers.- Changing people's mindset towards retirement with Passive Pockets.- The impact of rate cuts on Passive Pockets.- The supply cliff.- Paper vs. real assets.Learn more about Passive Pockets here: https://passivepockets.com/

On today's episode of Ritter On Real Estate, we chat with 2-time guest Russ Morgan founder of Wealth Without Wall Street. Founder and Partner, Russ Morgan, is known as “The Idea Guy.” Russ began his professional career as an investment advisor in 2004 after graduating from Auburn University — a slight foray from 10-year-old Russ' dream of becoming a professional baseball pitcher. After obtaining his CFP in 2008, Russ started IBC the following year, and eventually went on to found Wealth Without Wall Street in 2015. Wealth Without Wall Street is an online community that seeks to re-educate business owners & families how money truly works. Our goal is to teach people how to enhance savings, increase cash flow and create passive income all without the help of Wall Street. The secret to doing this is having your money work for you, not someone else. Welcome back to the show Russ!Key Points From The Episode:- Russ's new book, who it's for, and what they will learn.- Understanding where you're going with your finances.- The Passive Income Matrix.- Russ's system to help investors shortcut the process.- America's retirement problem.Link to Russ's Website: https://www.wealthwithoutwallstreet.com/

On today's episode of Ritter On Real Estate, We chat with Joe Fairless. Joe Fairless is the Co-founder of Ashcroft Capital which has over $2,800,000,000 of assets under management. In addition to his responsibilities with Ashcroft Capital, Joe created the podcast, Best Real Estate Investing Advice Ever Show, which is the longest-running daily real estate podcast in the world and generates over 500,000 monthly downloads.Joe is also a proud Member of the Texas Tech Alumni Advisor Board for the College of Media and Communication, as well as being recognized as Outstanding Alumni at Texas Tech University, where he is a former Adjunct Professor. He is currently a Junior Achievement Board Member and Volunteer for the Cincinnati chapter and has been recognized by the Junior Achievement's Free Enterprise Society. Joe volunteers at Crossroads Hospice and was recognized as Multifamily Investor of the Year by Think Realty Magazine. He and his wife created Best Ever Causes which has proudly supported 76 different non-profits over the last 72 months. Welcome, Joe! Key Points From The Conversation:- Why 2024 is a great time to invest in multifamily assets.- Supply and demand, issues with new construction. - Kent's prediction for the future of the market.- Navigating interest rates in deals.- Josh's experience investing as a limited partner. - The importance of being a good operator. Books Mentioned: Breath: The New Science of a Lost Art by James Nestor

On today's episode of Ritter On Real Estate, we chat with Franco Perez. Franco is the founder of Franco Mobile Homes which has Established an innovative housing option and opportunity for families through mobile homes. Franco oversees the staff, the finances, and the leadership while evaluating the business's performance to see whether it is on track and reaching its objectives.Welcome to the show, Franco! Key Points From The Episode:- Franco's early life, migrating to the US.- Working as a real estate agent but not fulfilling his purpose of helping people. - Discovering mobile homes and how they can become a great track to home ownership.- Breaking the stigma surrounding mobile homes. Books Mentioned: The Lean Startup By Eric RiesTake a look at our new Investment opportunity located in Spartarnburg, SC here: https://hudsoninvesting.com/cev/

On today's episode or Ritter On Real Estate, We chat with Niti Jamdar. Niti Jamdar is Co-Founder and Managing Partner at Open Spaces Capital based in Philadelphia. He brings 15 years of experience in Strategy, Finance and Audit. He focuses on value-add investing for residential homes and multi-family dwellings in and around Philadelphia. Along with his wife and partner Palak Shah, he manages the end to end life cycle starting from sourcing properties, renovation and rentals along with financing and investor relationships. Welcome To The Show Niti!Key Points From The Episode: - Niti's background, coming to America and working a corporate job but still not achieving time and financial freedom.- Niti's investment strategy, how he started vs now.- Niti's perspective for new investors in today's tough real estate market.- Why invest during an economic downturn.  - Understanding the disconnect. Why people are afraid to invest in real estate.- The importance of Knowlegde and how it creates confidence when investing.- What Niti learned during his first investment. Books Mentioned: - The One Thing By Gary KellerTake a look at our new Investment opportunity located in Spartarnburg, SC here: https://hudsoninvesting.com/cev/

On today's episode of Ritter On Real Estate, We chat with Paul Shannon and Jim Pfeifer.  Jim Pfeifer, the maverick behind Left Field Investors, who is rewriting investment rules and blazing a trail in passive investing and syndications. Formerly a financial advisor, Jim has transformed into a cash flow expert, breaking free from the standard playbook. His commitment lies in sharing his knowledge with others who are eager to explore alternative ways to grow their wealth. It is with this understanding that he founded The Left Field Investors, an organization dedicated to passive investment, thriving on principles of knowledge sharing, networking, and continuous learning. Since transitioning to real estate investing full-time in 2019, Paul has acquired over 200 residential units, many deep value-add properties, starting with single-family and transitioning to multifamily, by recycling his equity and/or joint venturing. Paul is also an experienced limited partner, investing in over 1,500 multifamily units nationwide.  These experiences have led to the formation of InvestWise Collective, a customizable fund aimed at helping investors diversify out of traditional markets into passive real estate opportunities. Welcome to the show Paul and Jim!Key Points From The Episode: Jim's and Paul's background, Working in other careers, discovering Real Estate, and becoming investors.How Left Field Investors formed during the pandemic.Paul's background in sales, using the BRRRR strategy to start investing full-timeHow the mindset of investors has changed in just a few years.Why Debt is important in today's real estate syndication landscape.The competitive nature of investing in today's market.What Jim and Paul say to those who want to just leave their money in a savings account.The partnership between Left Field Investors and InvestWise Collective.Books Mentioned: - Avoiding Rookie Errors As A Left Fielder By Steve Su (Not out yet)- The Creature From Jekyll Island by Edward GriffinTake a look at our new Investment opportunity located in Spartarnburg, SC here: https://hudsoninvesting.com/cev/

Welcome to today's episode of Ritter On Real Estate! Today we chat with Tom Zeeb. Tom is the founder of Traction Real Estate Mentors. He works with real estate investors of all levels teaching them how to build their business correctly so that their personal goals and lifestyle stays at the center of everything they do! He is world-renowned for his negotiation techniques. Welcome to the show, Tom! Key Points From The Episode: - What makes a good negotiator.- Why negotiation should be a win/win for all parties involved.- Tom's three methods of negotiation.- Practical stories of how Tom's training works.- How to fight internal intuition when negotiating. - Reacting not off of feel, but off training.- Using the seller's problem as a solution.Books Mentioned: To Be or Not to Be Intimidated?: That is the Question, by Robert RingerTake a look at our new Investment opportunity located in Spartarnburg, SC here: https://hudsoninvesting.com/cev/

On today's episode of Ritter On Real Estate, we chat with Mark Khuri. Mark has been an avid real estate investor for over 17 years and throughout his career he has been involved in sourcing, underwriting, acquiring, raising capital, rehabilitating, managing and selling both residential and commercial investments throughout multiple markets in the US. Mark has analyzed thousands of investment opportunities and has successfully bought, renovated, sold and invested in over 120 properties with a combined value over $1 billion and created and managed over 60 real estate partnerships with investors. Welcome to the show, Mark! Key Points From The Episode: - Mark's background working in corporate America. Getting into real estate. -Building SMK Capital Management to the private equity firm it is now.-Why Diversification is key for SMK Capital Management. -An overview of the real estate market over the last 18 months.-How Interest rates & rent growth have evolved.-SMK's strategy for underwriting deals.-Mark's prediction of where cap rates will go.-Floating rate debt vs fixed rate debt.-How SMK Capital Management facilitates deals. Books Mentioned: 12 Pillars by Jim RohnTake a look at our new Investment opportunity located in Spartarnburg, SC here: https://hudsoninvesting.com/cev/

In today's Ritter On Real Estate episode, we chat with Jindou Lee. Jindou is the CEO and Co-founder of HappyCo, a multifamily prop-tech company that develops software and service solutions to enable real-time property operations. Prior to his current role, Jindou also founded and exited two previous tech companies.  Jindou spent most of his adult life growing up in Australia and graduated from the University of South Australia with a Bachelor of Visual Communications (Design). Following graduation, he worked at Midway Games where he led the User Interface team to work on classic titles such as Mortal Kombat, Gauntlet, and Dukes of Hazzard.  Besides his love for technology, Jindou is also an avid real estate investor, ex-semi pro soccer player, and enjoys spending time with his family. Welcome to the show, Jindou! Key Points From The Episode: - Jindou's background before getting into real estate investing. Working in the gaming industry and selling his company.-Leaving Midway Gaming to start investing in single-family real estate. -How his journey started in real estate. -What is Happy.co and how it assists investors. -Technology & AI's impact on multifamily. -Why property management & management software is super important.-Use cases for AI in multifamily.Books Mentioned: The Hard Thing About Hard Things By Ben HorowitzLinkedIn Profile:  https://www.linkedin.com/in/jindou/  Take a look at our new Investment opportunity located in Spartarnburg, SC here: https://hudsoninvesting.com/cev/

On today's episode of Ritter On Real Estate, we chat with Ray Heimann. Ray is a real estate investor and co-founder of Terra Capital, an investment firm that focuses on turning small, outdated residential real estate assets into scaled, turnkey portfolios of modern-finish units across the US. He has over a decade of experience working for various investment firms, including JP Morgan, Booz & Company, and Sverica Capital, where he covered US REITs, advised on He is known for his focus on cutting out the noise around what's hot and honing in on strategies that repeatedly drive strong, risk-adjusted returns. Welcome to the show Ray! Key Points From The Episode: -Ray's background & upbringing working at a few other firms before co-founding Terra Capital.-What brought Ray back to the Midwest. -Ray's investment strategy. What he looks for in a deal.-Getting around the issue of scaling a firm.-Why Terra Capital manages all of their assets. Books Mentioned: Washington: A Life by Ron ChernowTake a look at our new Investment opportunity located in Spartarnburg, SC here: https://hudsoninvesting.com/cev/

In today's Ritter On Real Estate episode, we chat with returning guest Julie Holly. Julie is a speaker and founder of Three Keys Investment, and today we talk about Assisted Living Investments and why they are great investments!Julie has invested in single-family homes, house-hacked before it had a name, managed properties from 1k miles away and passively invested in multifamily assets. Julie is passively invested in nearly 300 doors, strategically partnered in 68 Atlanta based and a general partner in 387 units.  Her podcast 'The Conscious Investor' is designed to support investors at every step of their journey. Enjoy over 300 episodes on mindset and how highly successful investors overcome limitations and become an unstoppable force of success. Welcome to the show, Julie! Key Points From The Episode:-How Julie discovered assisted living and how it sparked her interest later in life.-Why Assisted Living is a great investment right now.-The exponential need for assisted living, 70% of seniors using it at some point.-Assisted Living vs Nursing Homes, what's the difference?-Julie's investment strategy for Assisted Living.-What Investors need to know before investing in Assisted Living.-Why good management is ESSENTIAL for investing in Assisted Living Assets.Books Mentioned: The Alchemist by Paulo Coelho & The 4 Agreements by Don Miguel RuizLearn more about Julie and Three Keys: https://www.threekeysinvestments.com/Take a look at our new Investment opportunity located in Spartarnburg, SC here: https://hudsoninvesting.com/cev/

In today's Ritter On Real Estate episode, we chat with Xiao Ou Yuan. Xia is the Managing Director of Hageman Capital and manages the day-to-day operations, as well as leading all bond structuring and negotiations for the Hageman Capital portfolio. Prior to joining Hageman Capital, Xiao was a Principal at Fifth Third Securities, a regional investment banking firm, primarily focused on high-yield TIF and municipal bond transactions in the Midwest. Welcome to the show, Xiao! Key Points From The Episode: - Xiao's background, how he and Kent met.- What are TIF Bonds and how they work.- How TIF Bonds work with deals and what developers need to know.- The positive tax benefits associated with TIF Bonds. - Why investors should not rely on bonds to make their underwriting work.- How investors can get started with TIF Bonds.Learn more about Hageman Captial: https://hagemancapital.com/

On today's episode of Ritter On Real Estate, we chat with returning guest, Veena Jetti. Veena is the founding partner of Vive Funds, a unique commercial real estate firm specializing in curating investors' conservative opportunities. She has over a decade of real estate experience including overseeing the management of $1B+ in real estate assets. Her expertise includes driving corporate growth strategy, asset management, and business development derived from working for multiple Fortune 500 companies. Her professional expertise includes driving corporate strategy and business development opportunities. In this episode, Veena shares her story of building her Facebook community, Mastering Multifamily where she offers training/guidance to the group members! Welcome to the show, Veena! Key Points From The Episode:- Veena's background in multifamily. Finally crossing the $1B transaction mark.-What is Thought Leadership and how it builds credibility amongst investors. -How to build a brand, the work it consists of.-The Joy of helping new investors get started in real estate.-What is the Mastering Multifamily community and how individuals can get involved.Books Mentioned: Rocket Fuel by Gino Wickman and Mark C. WintersLearn more about Veena: https://veenajetti.com/

Welcome to Curtis' Corner, a segment hosted by Hudson Investing's Vice President of Investor Relations, Curtis Edwards.  On this episode,we chat with Corey Daharsh. Corey is the business development specialist at Advanta IRA. Advanta IRA is an elite provider of self-directed plans serving clients across the nation. Their mission is to enlighten and empower people who want to take an active role in building retirement wealth. Born and raised in central Florida, Corey is a University of South Florida graduate. He worked in the finance and banking industry for several years before joining Advanta IRA. Corey is a Certified IRA Services Professional (CISP) and delivers exceptional service and self-directed expertise as he educates investors on the power of self-directed accounts in the Carolina/Tennessee region. Welcome to the show, Corey! Key Points From The Episode:-What is a Self-Directed IRA? -Corey's background and upbringing.-How Advanta IRA helps individuals take control over their retirement.-Self-Directed IRAs vs more traditional alternatives typically recommended to investors.Hudson Investing's Guide To Self-Directed IRAs: 

In today's Ritter On Real Estate episode, we chat with Eddie Ring. Eddie is the founder of New Standard Equities and serves as its Chief Executive Officer.  He has ultimate responsibility for NSE's investment strategy, operations, risk management, and investor relationships. He has over 25 years of real estate and financial consulting experience, with 16 years of dedicated investing and operating experience in the multifamily sector. Under Mr. Ring's leadership, NSE is known as a full-service, vertically integrated organization, and a leading investor of multifamily properties primarily located in the Western U.S. including Seattle, Northern and Southern California, and San Diego. Welcome to the show, Eddie!Key Points From The Episode: - Eddie's background, working as a comedy writer before discovering real estate investing. - How fatherhood changed Eddie's perspective on work and time freedom.- How Eddie scaled NSE to the large size it is today.- What Eddie learned working for other multifamily firms before starting his own.- Pros and Cons of in-house property management. - How Eddie grew his team strategically. - NSE's Investment thesis, how Eddie evaluates potential deals.- Understanding supply and demand in California's market. How politics impact developments.- Rent growth overbearing income growth.Books Mentioned:- Start With Why by Simon Sinek

On today's episode of Ritter On Real Estate, we chat with Chance Finucane CFA/Chief Investment Officer at Oxbow Advisors. Chance joined Oxbow in 2017 after spending six years on the investment team at Institutional Capital (ICAP), a global value investment firm based in Chicago. He is a graduate of Indiana University with a B.S. in Accounting and Finance and an M.B.A. in Accounting. Chance is a member of the firm's investment committee. Welcome, Chance! Key Points From The Episode: -Chance's background, graduating from IU & working In Finance. -The current state of the economy, how the pandemic impacted markets and investments. -How to analyze markets as a public investor.-Artificial Intelligence & Chat GPT, what are the investment opportunities?-How investors should deal with "FOMO".-The future of Inflation. Where Chance sees the fed heading next. -Where Oxbow Advisors guides investors to invest. Books Mentioned: -The Obstacle Is The Way By Ryan Holliday- The Most Important Thing By Howard Marx

On today's episode of Ritter On Real Estate, we chat with Ellie Perlman. Ellie is a real estate investor who owns multifamily properties across the U.S. Ellie is the Founder and CEO of Blue Lake Capital Group, a real estate investment firm specializing in multifamily acquisition and management. At Blue Lake Capital, Ellie helps investors grow their wealth by investing alongside her in large multifamily deals.Ellie started her career as a commercial real estate lawyer, leading real estate transactions for Israel's largest real estate company. Later, she transitioned to a property manager role and is now the CEO of Blue Lake Capital GroupEllie holds a masters in Law and an MBA from MIT Sloan School of Management. She is a Forbes author and a real estate investing podcast host.​In her spare time, Ellie enjoys working out, driving sports cars, skiing black diamonds, and investing in startups. Welcome to the podcast, Ellie! Key Points From The Episode: Ellie's background, working as a former attorney, getting into real estate, and growing her firm.Why Ellie Prefers B-Class Real Estate Investments. How the tenants are more stable.Understanding risk-adjusted returns. Ellie's thoughts on supply risk. Downshift in supply w/ new interest rates.How Ellie's underwriting approach has changed. How to structure financing for multifamily investments. Good debt vs bad debt.How to grow a self-sustaining real estate firm.Why its better to not be cheap when hiring individuals. How an assistant was the best & first hire Ellie made.Books Mentioned:             - The One Thing by Garry Keller

On today's episode of Ritter On Real Estate, we chat with Kenny Wolfe. Kenny is an experienced multifamily syndicator, the founder and CEO of Wolfe Investments. Kenny is also the author of “Investing in the Dream: How to Acquire Multifamily Real Estate and Attain Total Financial Freedom”. He invested in his first multifamily property in 2010 and instantly saw the potential for real estate to transform his life - giving him the opportunity to quit his day job and start a company.  Kenny is passionate about helping others attain financial freedom through real estate investing. Kenny has been involved in over $675 million worth of commercial real estate transactions nationwide and is a principal in 5,032 units (7,088 units all-time). He holds a BBA from Baylor University and an MBA from the University of Texas at Arlington. Kenny currently resides in Plano, Texas with his wife, daughter, and son. When he's not scouring the market for new deals, he enjoys discovering new vegan restaurants and rooting for the Broncos. Welcome, Kenny!Key Points From The Episode: Kenny's background & success in real estate. Why Diversification of assets is very important.The type of deals Kenny's company invests in and how they work.Crafting real estate investments for every type of individual looking to invest. Kenny's analysis of the current real estate market.Turning office spaces into multifamily.How the shortage of living spaces is creating opportunities for real estate investors.What are office conversions and how Kenny plans on using them to grow his AUM to $1 Billion. Books Mentioned: Rich Dad Poor Dad by Robert KiyosakiInvesting in the Dream: How to Acquire Multifamily Real Estate and Attain Total Financial FreedomYour Quest to Financial Freedom: The Journey From Zero to Lifeling Wealth

On today's episode of #RitterOnRealEstate we chat with Investor, Syndicator, Author, and Podcaster, Reed Goossens. Reed is an Australian real estate entrepreneur, investor, author, public speaker, and an all-around good bloke. Reed got his start in real estate investing back in 2012 when he moved to the US. Since then he has gone on to start two multifamily syndication investing firms which have been involved in the acquisition of over $680 million worth of US real estate to date. He also hosts the Investing in the U.S. Podcast, where he interviews top real estate investors to help educate entrepreneurs looking to break into the U.S. market. Welcome to the show, Reed! Key Points From The Episode: - Reed's background, Quitting his job in Australia backpacking through the US then getting a job in corporate America.- Discovering Rich Dad Poor Dad and learning that real estate was something he wanted to be a part of. -How and why partnerships are important when getting started in real estate. -The value of meetups.-Reed's first deal with his former partner.-Doing 8-10 deals before hiring his first employee.-How to create systems in multifamily real estate investing. -The Dos and don'ts of partnerships.-2 Lessons for solo real estate entrepreneurs. -How to develop a strong mindset. Books Mentioned: -Rich Dad Poor Dad by Robert Kiyosaki-Key Person Of Influence by Danial Priestley

On today's episode of Ritter On Real Estate, we kick off season 2 with a slightly different type of episode. Today our guest is the Vice President of Investor Relations for Hudson Investing, Curtis Edwards.  Curtis has a diverse and global background in finance, marketing, consulting, and business development. An entrepreneur at heart, he's launched and exited several successful businesses across various sectors including Food & Beverage, Distribution, Hospitality, and Residential and Commercial Real Estate. He uses his depth of knowledge learned from his unique journey to help you wherever you are in your investing journey. Welcome to the show, Curtis!Key Points From The Episode:Curtis' background in sales, marketing, and entrepreneurship working for and starting multiple businesses. Curtis' family background in real estate. Why Kent launched Hudson Investing. Kent's background in management consulting, single family.How to build a strong team and the importance of scaling Hudson Investing.Wanting to help others achieve financial freedom through real estate investing. Lessons Kent has learned over the years as a multifamily investor/syndicator.Understanding interest rates and the current economic landscape for investors. Upgrades/changes Hudson Investing made to better improve investor experience and returns in 2022. How to build better trust/relationships with investors. Interested in learning more about Hudson Investing? Click the link here: https://invest.hudsoninvesting.com/investnow

On today's episode of Ritter On Real Estate, We chat with Lars Hedenborg. Lars is the host of the Real Estate Team Builders podcast and the Founder of Real Estate B-School. Real Estate B-school provides tools, systems, training, and coaching for top-producing real estate agents and team leaders looking to build profitable, sustainable, systems-driven businesses. Lars is also the best-selling author of “Scale or Die - Achieve True Freedom in Your Real Estate Business & Live Your Life Without Regrets”. Lars' career in real estate began in March 2007 when he left his corporate career in acquisitions and strategy. By the end of his first full year in real estate, he hustled to close 71 sides but was working 70+ hour weeks, leaving his family life to suffer. This motivated Lars to scale his real estate business so that it could run without him. Lars and his team have served over 5,000 families with their real estate needs. Now he's on a mission to help other top agents and team leaders achieve time and money freedom by scaling their businesses and building leveraged income through the eXp platform. Lars is a Jesus follower and is married to his much better half Julie, they have 2 kids Anders and Kendal that keep him on his toes and incredibly busy.Key Points From The Episode:Lars's background, why time management is so important.How Kent looks it in time management.Being honest with yourself about your managing your time.Balancing family wife Cindy.Determining what your core money-making activities are and figuring out how to only focus on those.

On today's episode of Ritter On Real Estate, we chat with Peter Powers. Peter has been with MPI Family Office since its inception. Peter serves as the Vice President of Acquisitions and Asset Management for MPI's workforce housing portfolio, self-storage portfolio, and senior housing portfolio. As the head of MPI's real estate efforts, Peter focuses on procuring real estate investment opportunities, managing MPI's current portfolio of $600mm of real estate assets, and developing co-investment relationships. Since Peter joined MPI Family Office, he has helped pivot MPI's investment focus towards affordable housing by developing a LIHTC investing platform and an adaptive reuse platform. These platforms make up $150mm of MPI's total real estate portfolio. Peter has also worked alongside Peter Habib, a Principal Member of MPI Family Office, in the development of The Circle of Wealth network, which is the advisory arm of the family office. Before Peter joined MPI full-time, he was the Senior Analyst for MACC Venture Partners, a privately held real estate investment from, where he identified, researched, and underwrote multifamily assets. He also worked alongside the marketing team for Capstone Multifamily Group, the property management arm of MACC Venture Partners, where he helped assist team members with carrying out investment plans for particular assets. Welcome to the podcast, Peter! Key Points From The Episode: Peter's background working for MPI Family Office.Why learning by doing is the best way to gain experience.What MPI invests in. Why the wealthy invest in real estate.The importance of choosing the right deal sponsor.Key metrics/analytics Peter looks for in deals.Setting expectations & underwriting risks.The importance of being careful who you're partnering with.Books Mentioned:- Any book by Howard Marx, founder of Oaktree Advisors.- Dale Carnegie Books. 

On today's episode of Ritter On Real Estate, we chat with Veena Jetti. Veena Jetti (VEE-nuh JEH-tee) is the founding partner of Vive (rhymes with "five") Funds, a unique commercial real estate firm that specializes in curating conservative opportunities for investors. Veena brings a dynamic perspective to targeting, acquiring, managing, and operating assets using best practices combined with cutting-edge technologies. Her professional expertise includes driving corporate strategy and business development opportunities.After graduating from the University of Illinois at Chicago with a degree in Finance at 20 years old, she pursued her passion for real estate. Veena has over a decade of real estate experience and over $1B+ in real estate assets over her career in both the startup world as well as the corporate world. Because of her diverse background, she is often a panelist and speaker for various podcasts, global conferences, and radio shows.Aside from professional endeavors, Veena is a passionate philanthropist. She has founded and served on the board for a national non-profit organization. In 2017, she was one of only three women to receive the Politico Woman of the Year award for the significant amount of time and focus she spent on aiding in a grassroots Hurricane Harvey disaster response. She continues to be involved in helping companies and charitable organizations develop better disaster recovery protocols for future emergencies. She is a current lending team lead at kiva.org, an organization that specializes in helping entrepreneurs with micro-loans. Other organizations that Veena has a passion for include RIPmedicaldebt.org, local food banks, water.org, St. Jude's Hospital, Children's Hospital of Philadelphia, and Safe Mothers Safe Babies.Vive Funds is the vision of an investor-centric firm coupled with proven bestpractices coming together. The firm was established to create a space forinvestors to rely on carefully planned projects with client experience being atthe forefront of our mission. Any project with the Vive name on it can betrusted to have gone through our rigorous metric standards before approval.Welcome to the podcast, Veena! Key Points From The Episode: Veena's upbringing, being the daughter of two immigrants. Learning the power of real estate investing.How important the underwriting is in the deal. How different deal sponsors underwrite deals and how it can impact returns.Understanding IRR and setting expectations with investors.Risk-adjusted returns.Underwriting deals now vs 2 years ago...Scenario planning for deal sponsors.The rise of women investors! Books Mentioned: - The Millionaire Next Door by Thomas J Stanley

On today's episode of Ritter On Real Estate,  we chat with Saket Jain. Saket is a #1 bestselling author, investor, syndicator, tech enthusiast, and philanthropist. Saket is the founder and CEO of Impact wealth builders where he's passionate about achieving financial freedom through real estate.He has over 15 years of experience in real estate investing. Saket along with his partners has built a portfolio of over 2000 units totaling $200M in assets across several US Markets & generate consistent double-digit annual returns.Key Points From The Episode: Saket's background growing up in India learning about assets early.Learning the true value of an asset in 2016.What types of assets Saket was invested in before real estate and why he prefers real estate?Why it's important to just replicate what already works when investing.Being prepared for an economic downturn and ready to invest. Using cash flow from real estate to take advantage of downturn.The idea of real estate being "liquid".How to control inflation.What markets Saket invests in.Books Mentioned: - Mindset by Carol Dweck

On today's episode of Ritter On Real Estate, we chat with Whitney Elins-Hutten. Whitney is a real estate maven who, after purchasing her first rental in 2002, and hitting a home run, then nearly losing it all on her second deal, took control and figured out how to invest in real estate the right way. She realized that success must leave clues. So, she studied and replicated the very personal finance and wealth creation strategies the wealthy use to create financial freedom.Today, Whitney is a partner in $700M+ of real estate —including over 5000+ residential units (MF, MHP, SFR, and assisted living) and more than 1400+ self-storage units across 7 states—and experience flipping over $3.0M in residential real estate. Key Points From The Episode:- Whitney's background, becoming an accidental investor back in 2002.- Realizing that she needed to hold on to properties to build wealth.- The knowledge gaps investors have.- The three different types of investors. - Making real estate investing more understandable to new investors. - The main concerns investors worry about.- Setting expectations as a new investor.- Teaching kids the principles of money at an early age.- Investing for the long term.Books Mentioned: - The Cashflow Quadrant by Robert KiyosakiThe One Thing by Gary Keller

On today's episode of Ritter On Real Estate, we chat with John Young & Kelly Krasner from Nice Healthcare. Nice Healthcare is redesigning comprehensive healthcare for small and medium-sized businesses by utilizing a mix of technology and in-home care. They offer members and their families in-home and virtual primary care, virtual mental health therapy, and virtual physical therapy services. Nice Healthcare is a great potential value-add for real estate investors and their tenants.About Our Guests: Kelly Krasner is the Vice President of Growth for Nice Healthcare, the company that brings a fully integrated in-home and virtual primary care, mental health and physical therapy clinic, right to you. Kelly has 25 years of experience in growing healthcare companies, but also has deep roots in real estate, and was a licensed agent for more than a decade. At Nice Healthcare, Kelly's unique background has intersected as she spearheads an innovative Multifamily Real Estate program for the company. Kelly has been able to leverage her unique experience to elevate resident lifestyles by delivering superior quality, concierge healthcare as an unprecedented, and highly desired amenity.John has been the SVP of Growth at Nice Healthcare since 2019, where he continues to lead the team responsible for expanding Nice membership in geographies where Nice has established operations and launching new markets. This includes identifying markets, establishing distribution, and forming strategic partnerships that enable Nice to deliver affordable, convenient healthcare to members.John's background includes 15+ years of leading commercialization teams to launch products and services spanning medical device, telehealth solutions, and commercial health plans. He has a B.A in Economics from Saint John's University in Collegeville, MN and an MBA in Marketing and Corporate Strategy from the Carlson School of Management – University of Minnesota.Welcome to the show, Kelly & John! 

On today's episode of Ritter On Real Estate, we chat with M.C. Laubscher! M.C. is a husband, father, educator, and cash flow specialist.  He is the creator and the host of the popular and top-rated business and investing podcast, Cashflow Ninja and a brand new podcast, Cashflow Investing Secrets.  M.C. is also the President of Producers Wealth, a wealth creation firm helping clients in 50 states implement holistic wealth creation strategies.His purpose is to help producers and creators create, protect and multiply their wealth in ANY Economy and market. His mission is to help producers and creators achieve financial freedom as soon as possible so that they can live their legacy today on their terms. M.C. challenges existing societal belief systems and misinformation around concepts such as money, saving, investing, wealth and retirement. Welcome to the podcast, M.C.! Key Points From The Episode: - M.C.'s upbringing, moving to the US from South Africa.- Realizing once he arrived how much opportunity there is in the United States.- Traveling and playing rugby. Discovering Rich Dad, Poor Dad.- Working for a friend in real estate, learning how to manage assets.- What is a cashflow ninja? - What sets a cashflow ninja apart from other investors?- Why capital positioning is super important.- How the wealthy allocate their assets.- 4 Principles the wealthy follow regarding money and investing. Books Mentioned:- The Creature From Jekyll Island by G. Edward Griffin

On today's episode of Ritter On Real Estate, we chat with Matt Hansen. Matt is a retired corporate executive who transitioned to full-time real estate investor. His portfolio includes over 2000 units of multifamily apartments located in Texas, Florida, and Tennessee. Like many people, 100% of his retirement funds were locked into his 401K and exposed to the volatility of the stock market. So he found one of the best alternatives, which is investing in real estate passively. Now he spends his time helping investors move their money from Main Street to Wall Street and diversify their portfolios with inflation-resistant and tax-advantaged real estate. Key Points From The Episode: - Leaving his corporate job to start a new career in real estate and gain passive income.- What being a passive investor means to Matt. How to define passive investing.- The importance of educating yourself on the deal before investing your money.- The pros and cons of passive investing. - Why having the right deal sponsor is super important.- Joining masterminds and choosing mentors.- How to vet a deal sponsor.- How actually investing in syndication works. The process of placing your money in and receiving cash distributions. HansenHoldings.com

On today's episode of Ritter On Real Estate, we chat with Michael Elefante. Michael is a real estate investor, content creator, and entrepreneur. He and his wife became financially free at 27, just one year after investing in short-term rentals. Just 2.5 years later, they've scaled to six short-term rentals that generate over $80k per month and $40-50k cash flow per month. Michael is an avid online educator and sells a variety of resources to help others jumpstart their journey to financial freedom. He is the founder of Airbnb Investor Academy, which launched in April 2021, and has generated nearly $1M in course and coaching sales in the first 16 months. Once Michael and his wife became financially free, they quit their 9-5 jobs and traveled in a camper van for 12 months, before settling down on Lake Keowee, SC. Michael has participated in numerous podcasts, webinars, and in-person speaking events over the past two years. He has around 1M followers across Tik Tok, Instagram, and YouTube. His niche is short-term rentals and finding ways to achieve financial freedom. Michael preaches that anyone, regardless of age or current position in life, can achieve financial freedom in the next 1-2 years.Key Points From The Episode:Michael's background in college as an athlete. Graduating and getting into a tech sales job. Realizing that he cared more about his time freedom than anything else.Grossing $80K/month through short-term rentals and $40-50K/month in cash flow. Leveraging local broker knowledge. The financials of short-term rental properties. Other ways to create revenue in your short-term rental. Follow Michael @melefante6 on all social media channels.

In today's Ritter On Real Estate episode, we chatted with Scot Sillari. Scott has 13+ years of experience in consulting and coaching in the Real Estate industry, Mortgage Brokerage as a Loan Processor, Certified Home Appraiser, Growing Sales, and Business Development for Vyral Marketing, and Licensed RE Agent, Scott has been recognized as a speaker and influencer within the Real Estate space.He's passionate about helping business owners reach their goals and dreams by guiding them to make the best business decisions to propel them forward in this ever-changing industry.As the CEO of Real Synch, Scott focuses on leadership and growth and strives to ensure that Real Synch is continuously developing valuable partnerships to provide robust integration options with major applications being used in the real estate space.-- Key Points From The Episode: How Atomization has helped Scott's business. Why technology is super important for real estate investors.Scott's background as a home appraiser discovering different needs that are needed in real estate.How Real Sych got started.Where and how to start building your tech stack.The importance of having a CRM to manage contacts.Understanding the 3 M's Media, Message, Market.How to build relationships with potential investors.Best ways to communicate. Some helpful tools, including Slack & HubSpot.Creating efficiency in your business communication.Books Mentioned:Predictable Revenue, by Aaron Ross.

On today's episode of Ritter On Real Estate, we interview Derek Clifford. Derek is a successful single and multifamily real estate investor and fund manager, retiring from his full-time corporate job as of September 2021. He is a multifamily investor controlling 400+ apartment units with over $40M AUM. He is also an author and podcast host of the "Elevate Your Equity" show and the founder and CEO of Elevate Equity, a firm that partners with individuals to help unlock the three degrees of freedom: location, time, and financial. He is a fervent student of self-development and mindset. Derek loves to give back his knowledge and has a passion for breaking down complex ideas into easy-to-explain topics. He's helped many people start, maintain, and grow their portfolios to achieve their own financial independence. In his spare time, Derek enjoys relaxing with his wife, biking, hiking, reading, and undertaking small household construction projects. Welcome to the podcast Derek! Key Points From The Episode: - Derek's background working as an engineer. Not liking relying on a 9-5.-Buying his first rental property then investing in Indianapolis using his paycheck from his 9-5.-How Derek's wife helped change his mindset about money and business.-How Derek quit his 9-5.-Why passive income is so important to develope.-Managing 400+ units, how Derek does this and only works a few hours a week.Books Mentioned: The Gap In The Gain By Dan Sullivan 

On today's episode of Ritter On Real Estate, we chat with Sam Primm. Sam is a successful father, husband and real estate entrepreneur born and raised in St. Louis, Missouri. He left his salary 9-5 job to focus full-time on his real estate ventures. Soon after, He grew his $3M portfolio to $40M+ within a matter of a few years! Along the way he has been documenting his journey and gained a massive following on various social media platforms. Spreading positivity and knowledge on how you can "Take Control of Your Future" using real estate. He now has a company that flips over +250 houses a year, an in-house property management company to take care of his tenants, and a nonprofit dedicated to mental wellness. He is now taking that playbook and teaching new and seasoned investors how to start and scale their investments by utilizing his mentorship program along with free content on social media.  Welcome, Sam! Key Points From The Episode: - Graduating college but not wanting to go down a traditional path.- Investing in Real Estate for 3 years before taking the leap and going full time.- Building a 40+ million dollar real estate portfolio. - The mindset needed to make the shift to full time investing in real estate.- Why partnerships are a key part of Sam's real estate business. - Understanding Social Media and the role it plays in real estate investing.- Where Sam finds funding for his deals. Books Mentioned: - Rich Dad, Poor Dad by Robert Kiyosaki- Think And Grow Rich by Napoleon HillWhere to find Sam: On All Platforms: @samfasterfreedom

On today's episode of Ritter On Real Estate, we chat with Jennifer Beadles, founder at Addicted to ROI.  Jennifer is a value-add real estate investor, coach, and investment-focused real estate broker with a portfolio of over 250 units across seven states.Jennifer has 15 years of real estate expertise and has worked with a variety ofinvestment strategies, including BRRR, value-add multifamily, build-to-rent, assisted living,private financing, and out-of-state investing.Jennifer is passionate about helping families build wealth and passive income streams through real estate investing and living a life by design. She has built her network of real estate investors who are looking for out-of-state buy-and-hold rentals in markets all across the U.S. Welcome, Jennifer! Key Points From The Episode: -Jennifer's first time buying a rental property.-Using the BRRR method to grow her portfolio and wealth. -What drew Jennifer to small/medium-sized multifamily.-Why value-add properties are the best. -The importance of having lifestyle freedom. -Investing in assets sight unseen. What to look for.-Jennifer's tips for using private money to finance deals.-How to develope a network of private lending.-Property management from out of state.Books Mentioned: - The 4 Hour Work Week, by Tim Ferriss

On today's episode of Ritter On Real Estate, we chat with Tony Julianelle. Tony is a successful organizational leader with more than 20 years in real estate and financial services who is passionate about developing people and serving customers. He is a consultant to various business partners, focusing on strategy, execution, and bottom-line business results. Before joining Atlas, Tony worked with Wells Fargo, holding various leadership positions during this time. In his role as Regional Manager, he was responsible for the mortgage origination business in seven states in the mountain Midwest.Additionally, Tony has held a variety of professional and personal board positions throughout his career. Boards he has served on include: Mortgage Bankers Association of Kansas City, Colorado Mortgage Bankers Association, Habitat for Humanity (Kansas City), and Park Church Denver. He has also served as faculty for the Denver Institute of Faith and Work. Most recently, Tony has become a member of the Denver Business Journal Leadership Trust.Welcome to the podcast, Tony!Key Points From The Episode: - Tony's background working at Bank- of America as a mortgage originator. -Joining Atlas Real Estate and growing the company from 20 employees and 1500 doors to 200+ employees and 9000 doors under management across 7 states.-Tony's analysis of the current real estate market.-Homeownership and why he promotes it to his employees and tenants. -How to determine where to deploy capital in a real estate investment.-Why Atlas Real Estate prefers single-family homes as investments.-The important role of the property manager and why data is so important.-House Hacking for individuals first getting into real estate.Books Mentioned: - The Alchemist by Paulo Coeho

On today's episode of Ritter On Real Estate, we chat with Isabelle Guarino-Smith. Isabelle is a graduate from Arizona State University, a former flight attendant, Walt Disney World intern and now Residential Assisted Living Academy's leading lady. She has been working as the COO of the company for the last 6 years, keeping everyone in line and on task. She's been featured in many magazines and articles on the topic of Senior Housing and most recently was given the title as one of the “Top Influencers in Senior Housing”. Isabelle also won Aging Media's “The Future Leaders of Assisted Living” award in 2020 being 2 of 100's under 30 to make the list. Welcome to the show, Isabelle!Key Points From The Episode: Isabelle's background, her father being the "Godfather Of Assisted Living".Growing up working in the family business. Carrying on her family's legacy.What is Residential Assisted Living?What to look for when creating a residential assisted living home.What positions to hire for a residential assisted living home.The financials of investing in a residential assisted living home. Why marketing is so important.Teaching others how to invest in senior living.The future of senior living.Books Mentioned: The 5AM Club by Robin Sharma

Excited to welcome Dr. Pranay Parikh on today's episode of Ritter On Real Estate! Dr. Parikh is a medical doctor, serial entrepreneur, online course creator, and podcast host. His unconventional journey to medicine helped him learn the skills to excel in entrepreneurship. He's helped launch a 7-figure online course, buy over $1.1 Billion in real estate, and help hundreds of physicians launch their own businesses. His goal is to help launch 10,000 physician-led businesses. Welcome to the show, Pranay! Key Points From The Episode: Pranay's background in medicine. Being interested in other things while in medical school.Realizing that there is a lack of control in stocks, focusing on real estate investing instead.Buying his first investment property, how exciting it was. Creating a Real Estate course to teach doctors how to be investors.Pranay's business structure. Investing while practicing medicine full time.The importance of building a team.How to analyze potential deals.What Pranay looks for in deal partners.Keys to good asset management.Why medical professionals like real estate investing.Books Mentioned:The Hands Off Investor, Ben Burke

On today's episode of Ritter On Real Estate, we chat with Neal Bawa. Neal is CEO / Founder at UGro and Grocapitus, two commercial real estate investment companies. Neal's companies use cutting-edge real estate analytics technology to source and acquire OR build large Commercial properties across the U.S., for nearly 700 investors and has a portfolio of over 4,800 units. An AUM value (upon completion) of over $1 Billion. Neal believes that we are at a turning point, where traditional commercial real estate will combine with Proptech and Fintech technology disruptors, and will truly reach its potential as a tradable, highly liquid asset class that will rival and eventually beat the stock market in its size and scope.He also believes that the Build-to-rent will become a much larger and more profitable part of the Multifamily asset class over the next 5 years, due to its uniquely desirable characteristics. Welcome to the show, Neal!Key Points From The Episode: Neal's background building his company from 10 to 400 employees.Investing in real estate to lower taxes.Where we are in the current economic climate.Understanding GDP growth/decline and when the US will actually be in a recession.The future of interest rates.The cons of locking in long-term debt in today's economy. How to educate your investors as a syndicator.Books Mentioned: The Miracle Morning by Hal ElrodLink to EP 38: https://www.kentritter.com/podcast/how-to-optimize-for-profit-with-neal-bawa/

In today's Ritter On Real Estate episode, we chat with Yannik Cudjoe-Virgil. Yannik is the principal of Merlynn Acquisitions - a Baltimore-based real estate investment and syndication firm, with $5.8M in AUM. His experience in commercial real estate began as an Asset Manager by trade for both retail and institutionally-capitalized real estate private equity firms, with over $1.5B+ in AUM, where he oversaw multi-disciplinary portfolios consisting of Multifamily, Mixed-Use, Office, Retail and Industrial properties across the U.S. Welcome to the podcast, Yannik!Key Points From The Episode: Yannik's background, playing in the NFL and moving to the united states as an immigrant. Not having a background in finance but having grit and determination to learn real estate.Getting his first opportunity in asset management.Why Yannik prefers commercial real estate as opposed to smaller single-family deals.What Yannik learned working at a larger asset management firm.Yannik's asset management rhythm/procedure.How to deal with delinquent tenants.How Yannik utilizes VA's in his asset management business.Real estate is about relationships.The future of Merlynn Acquisitions.How Yannik plans to help active and retired athletes with passive real estate investing. Books Mentioned:The One Thing by Gary Keller

On today's episode of Ritter On Real Estate, we chat with Bryan Underwood. Bryan is the founding Principal of Responsible Residential (“RR”) and President of Responsible Real Estate, Inc. (“RRE”), a San Diego based real estate investment company. Bryan started RR & RRE after spending more than ten years in his family business, A-1 Self Storage/Caster Properties, Inc. Responsible Residential is a San Diego-based residential development company focused on middle-income housing. Prior to launching RR & RRE, Bryan worked as the Acquisitions Manager for Caster Properties, Inc./ A-1 Self Storage.Since joining Caster Properties in 2007, Bryan has played a key role in the acquisition and entitlement of over 1.5MM square feet of Self Storage space with a market value of $200MM. Welcome to the show Bryan! Key Points From The Episode: Bryan's upbringing – how he fell in love with real estate while working in the women's Department in Nordstrom.Bryan's experience working in his family business in Self Storage.What 2007 taught Bryan about the real estate market. Why the Self Storage business is so great for investors.Why Bryan switched from self-storage to single-family starting his own kind of.The two deals that exposed him to why real estate is such a great investment.Why red tape is never fun for real estate developers.Advice for new real estate developers.Brian's goal of buying1000 units in the next few years. Books Mentioned:Never Split The Difference By Chris Voss

Jason Lee is a highly recognized real estate broker in the multifamily real estate industry. He has worked with several eight to ten-figure real estate investors in San Diego County, helping them acquire, sell, and 1031 exchange in order to improve their portfolio.In the last couple of years, Jason has represented over 75 investors and sold over $150,000,000 worth of real estate in San Diego County.He is well respected by his investors and he is currently one of the top producing commercial real estate agents in San Diego County. His transactions & insights have been shared in the San Diego Business Journal and Costar. Jason is not only a prominent but also a very active multifamily investor as well. He has acquired over 15 properties in the past 12 months. Jason is the owner and operator of over $30,000,000 of real estate in San Diego County, totaling just over 65 units.Key Points From The Episode: Falling into real estate after seeing his friend's parents success.Closing real estate deals as a broker in college.Graduating and becoming a full-time real estate investor.Key principles Jason's mentor taught him. Learning how to sell and that the money is in the follow-up. How Jason built a 75+ unit portfolio.What the San Diego real estate market is like.How being a broker impacted Jason's real estate investments.The importance of focusing on what gets the highest ROI.Why shiny kitchens are overrated… Focus on simple value add.Practical advice for new real estate investors.How to build broker relationships.Books Mentioned: How To Win Friends And Influence People.

Today's Ritter On Real Estate guest is Rich Fettke. Twenty years ago, Rich was told he had six months to live at 37 years old. Thankfully, the doctor's diagnosis was wrong; the melanoma did not spread to his liver. However, that initial diagnosis caused his wife to find a way to make ends meet if he died. She found mentors who helped guide her and led her to learn about real estate investing. After he was healed, they began to invest and learned a way to financial freedom. They wanted to help their friends and family do the same, so they formed what they thought would be a small group of people to learn about investing together. Today that small group has grown to over 60,000 members. The company that Rich and Kathy built, RealWealth, has helped thousands of people create financial freedom in their own lives. Rich is also the author of Extreme Success (Simon & Schuster, 2002) and the audio program, Momentum.  Key Points From The Episode: Rich's life-shattering false positive diagnosis. How it changed his life.Rich's experience house hacking, seeing how real estate creates wealth. Buying 5 properties.Starting Real Wealth, how Rich and his team empower/teach investors. The importance of spending time to get quiet and think.How meditation benefits the brain. The importance of community.What separates Rich's book from other real estate books.Rich defines what a “Henry” Is. Getting clear about what you want in life. Understanding assets vs liabilities.The wealthy value time and education. About Rich's Book:The Wise Investor is an inspiring parable about building what author Rich Fettke calls Real Wealth, the foundation of financial freedom. It tells the story of Ryan Brooks, a husband, father, and CaptivSoft's hard-working lead coder who, with the help of a new friend and mentor, finds a different path to financial security for himself and his family and becomes wealthy in more ways than he thought possible. The foreword was written by Robert Kiyosaki (Author of Rich Dad Poor Dad) and the book has been endorsed by Brandon Turner (BiggerPockets Podcasts and Author of The Book on Rental Property Investing), Kristine Carlson (Co-Author of Don't Sweat the Small Stuff books), Ken McElroy (Author and Investor) and Jon Gordon (Author of The Carpenter and The Energy Bus).Websites & Social Mediahttps://www.thewiseinvestorbook.comhttps://www.fettke.comhttps://realwealth.comhttps://www.instagram.com/richfettkehttps://www.facebook.com/rich.fettkehttps://www.linkedin.com/in/fettke/Books Mentioned:The Wise Investor By Rich Fettke

On today's episode of Ritter On Real Estate, We sit down with David Richter. David is an active real estate investor who has been essential in closing over 850 deals over the last 10 years. He has experience with wholesale, turnkey, BRRRR, owner finance, rentals, lease options, and any other exit strategy you can think of. In addition to investing in his own deals, David has helped real estate companies completely turn around from going out of business to building cash reserves by using the Profit First cash flow system. He has been featured on Biggerpockets, Real Estate Disruptors with Steve Trang, and many other podcasts, shows, and stages. To help even more people, he wrote Profit First for Real Estate Investing - a derivative of the original Profit First by Mike Michalowicz that is tailored specifically to Real Estate Investors. His goal is to completely transform the Real Estate Investing industry by helping real estate investors make and KEEP more money in their businesses. As the founder and owner of SimpleCFO Solutions, he wants to bring investors true financial clarity and freedom and help every investor stop living deal to deal. Welcome to the show, David! Key Points From The Episode: David's start in real estate. Reading Rich Dad Poor Dad and hanging out with Real Estate Investors to learn. Cashflow Management and preparing for the future. The importance of hiring for purpose and not just hiring to hire. What it's like working with Simple CFO. Understanding the numbers and managing accounting properly. What tools David recommends for financial management.  Implying a profit-first mindset.Books Mentioned: Profit First For Real EstateRich Dad, Poor Dad by Robert KiyosakiProfit First By Mike MichalowiczThe Road Less Stupid By Keith CunninghamSimpleCFO.com

In today's episode of Ritter On Real Estate, we chat with Julie Holly. Julie is the founder of Three Keys Investment, which helps people like you find their freedom through multifamily real estate investing so that they can live the life of their dreams! She has invested in single-family homes, house-hacked before it had a name, managed properties from 1k miles away and passively invested in multifamily assets. Currently, Julie is passively invested in nearly 300 doors, strategically partnered in 68 Atlanta based, and a general partner in 120 units. ​Her podcast The Conscious Investor is designed to support investors at every step of their journey. From mindset and personal development to powerful insight from a variety of professionals, listeners are invited to unravel and discover the harmony in life, family and wealth.  Julie's experience as a public school teacher, ability to relate with people, and genuine care for their financial well-being allow her to raise capital for the team's offering. She serves clients as a high-performance coach and runs the Five Week Book & Networking Club as well as an accountability group.​Her free time is filled with backcountry mountain biking with family and friends, baking delicious treats to share with others, writing grants for 9B Trails, a local nonprofit, and leading book clubs to stimulate minds and build community. Welcome to the show, Julie!Key Points From The Episode: -Julie's upbringing. Getting into education and then realizing that a secure job really wasn't that secure.-The importance of having the right mindset when investing in real estate.-Tips for new real estate investors.-How Julie analyzes real estate deals.-Why syndication is a good vehicle for those who want to invest in real real estate passively. 

In today's episode of #RitterOnRealEstate we interview Ken Gee, Ken is the founder and managing partner of KRI Partners and the KRI group of companies. He has more than 24 years of significant real estate, banking, private equity transaction, and principal investing experience. Throughout his career, he has been involved in transactions valued at more than $2.0 billion, much of which has included the acquisition, management, and financing of various multi-family real estate projects. Before forming KRI Partners, Ken was a tax manager with Deloitte & Touche LLP. Some of his major clients included The Riverside Company, Key Equity Capital Partners, Blue Point Capital, Linsalata Capital Partners, The Zaremba Group, Charter One Bank, and Applied Industrial Technologies, Inc. Before his career at Deloitte & Touche, he spent several years at National City Bank (now part of PNC Bank).Ken is a licensed Ohio Certified Public Accountant, a member of multiple apartment associations, the Ohio Society of Certified Public Accountants, and the American Institute of Certified Public Accountants. Welcome to the Podcast Ken! Key Points From The Episode: How Ken got inspired to learn about real estate while feeding his infant daughter. Watching his peers make a lot of money in real estate. Buying his first deal, a 28-unit apartment complex.Making half a million dollars off of his first three deals. Realizing that real estate was his ticket to building wealth for his family.How having children impacts your decision-making when it comes to career/investing. How technology has helped spread the knowledge of real estate investing. Ken's advice for vetting a deal sponsor. Some of the red flags to look out for. How Ken views the current real estate market. Understanding that people will always need somewhere to live. Books mentioned:The 10X Rule by Grant Cardone

In today's episode of Ritter on real estate we sit down with Garrett Sutton. Garrett is an attorney/best-selling author and one of Robert Kiyosaki's Rich Dad's Advisors. Garrett has over 35 years of experience assisting individuals and businesses in limiting their liability, protecting their assets, and implementing advantageous corporate structures. Garrett is the author of start your own Corporation, loopholes of Real Estate, Writing Business Plans, Buying and Selling a Business, and his most recent book Veil Not Fail.Garrett is the owner and operator of Corporate Direct and Sutton Law Center, since 1990 has provided clients from around the world with asset protection and corporate formation and maintenance services. Welcome to the show, Garrett! Key Points From The Episode: Garrett's upbringing, going to business and Law School.Getting to work with Robert Kiyosaki riding 8 books in the Rich Dad series.How Garrett became a Rich Dad Advisor.Defining asset protection -  think about litigation.Don't hold properties in your own name.Garrett explains inside and outside attacks to LLCs.The best states to hold LLCs in.Umbrella Insurance in why it's important.Why you're holding company should be in Wyoming.Garrett's new book Veil Not Fail. Corporate formalities and why they are important.How to choose the right entity for your real estate business.Why  C-corps and land trusts aren't good for owning real estate.Using LLC's for syndication/passive investors.Books Mentioned: Rich Dad, Poor Dad by Robert Kiyosaki & Veil Not Fail by Garrett Sutton, ESQ. 

In today's episode of #RitterOnRealEstate, we interview Chris Larsen. Chris is the founder and Managing Partner of Next-Level Income. Since “retiring” after 18 years in the medical device industry he dedicates his time to helping others become financially independent through education and investment opportunities. Chris has been investing in and managing real estate for over 20 years. While completing his degree in Biomechanical Engineering and M.B.A. in Finance at Virginia Tech, he bought his first single-family rental at age 21. Chris expanded into development, private-lending, buying distressed debt as well as commercial office, and ultimately syndicating commercial properties. He began syndicating deals in 2016 and has been actively involved in over $500M of real estate acquisitions. In addition to real estate, Chris has invested in equities, oil & gas, and small business lending, as well as being active in Venture South, one of the nation's Top 10 Angel Investing groups. Chris lives with his wife and two boys (and Viszla, Lucy!) in Asheville, NC where he loves spending time with them in the outdoors and enjoying the food and culture that the region has to offer.Key Points From The Episode:Chris's start in real estate. Using $3000 to buy a $90,000 property.Getting an engineering degree. How it helped his thinking.Learning early the importance of having money. How money creates freedom. Buying his first rental property at 21 years old.Why Chris prefers Real Estate over other investment vehicles.Starting off in single-family. How he realized that it wasn't scalable. The pros of syndication.Tips for new real estate investors.The importance of finding the right partner to invest with.Getting yourself in a position to invest in real estate. Not moving too fast.Books Mentioned:Lifespan by David Sinclair

In today's episode of Ritter on real estate we interview Eric Chadderdon.   Eric is the co-founder and managing partner of giddy's capital investment.  Eric first discovered real estate as a child his family owned and operated both single-family and multi-family properties.  Growing up he always thought there was a better way to own real estate efficiently and then he found syndications.One of the critical highlights of Eric's life has been building his Investment Portfolio and assisting in his family lowering their work output to become passive investors.  Eric currently owns 660 + multi-family units and has return rates between 18 and 22%. Thanks for coming on the podcast Eric. Key points from the episode: Growing up in real estate. Jumping into multifamily to show his family that they were doing it the wrong way.Working in sales before getting into real estate.Seeing his family work in their business and not on their business.Using his education to better his family's investing.Joining a mastermind and how it helped him tremendously through the years.Where the Giddy's name came from.How are crimes New Deals.The importance of meetups in networking.Partnerships and sharing the pi.How Eric built the 660 + unit apartment portfolio.How Eric builds his investor pool. Books Mentioned: Atomic Habits by James ClearFalling Forward By John C. Maxwell

Todays #RitterOnRealEstate guest is Aryeh Sheinbein. Aryeh's bread and butter is helping successful business owners and entrepreneurs invest their money intelligently, allowing their wealth to accumulate so they can stay focused on what truly matters—their business and mission. He's spent his entire career sharpening his operational experience with investments and valuing businesses, having worked with top private equity, venture capital, hedge funds, investment managers, and banks, as well as a wealth of success in the eCommerce and Amazon selling spaces. Aryeh is particularly skilled in managing large, complex projects and teams—a credit to his excellent executive leadership skills rooted in finance, business strategy, marketing, and operations. When he's not sculpting the financial futures of his clients, Aryeh loves coaching his kids' sports teams, donating his time to various non-profit organizations, and enjoying quality time with his four wonderful kids and amazing wife. He also hosts the iTunes Top 100-ranked Inside the Lions Den Podcast, a show that explores the leadership skills, financial acumen, and operational improvements required for sustained entrepreneurial and financial success.Key Points From The Conversation: How Aryeh's entrepreneurial journey started as a kid flipping baseball cards!Aryeh's experience interviewing other successful individuals in college. How this helped him enter the workforce.Working in private equity/venture capital.How Rich Dad Poor Dad positively impacted his perspective on real estate investing.Wanting to get into real estate but not wanting to be a "landlord".Learning about tax liens and going to a tax auction.How Aryeh analyzes multifamily deals.The three metrics of investing in a good deal.Aryeh and Kent's take on refinancing. How investors often get in trouble during due diligence.Books Mentioned:Atomic Habits by James Clear

In today's episode of #RitterOnRealEstate, we chat with special guest Max Fisch! Motivated by numerous mentors and excited about real estate, Max started out as a mortgage originator in the early 2000s and within one year, completed his first flip, netting a significant profit. Over the years, Max has completed hundreds of real estate transactions between financing, wholesaling acquisition, rehabbing, and long-term investing. Using virtual assistants, Max has been able to scale up his business to the size he wants, without overburdening him or his team. With an average deal size of $500k+ his operation is low volume with 4-6 rehabs annually. In addition, he and his team complete, on average, 25-35 wholesale transactions each year.After being burned by numerous property managers, coupled with the rising costs of marketing and lead generation, Max knew he needed more control of his properties and business, without sacrificing his own time. As a result, he founded Real Estate Project Solutions, a full-service Virtual Assistant Agency that caters specifically to the real estate industry. His management team helps real estate investors, agents, and entrepreneurs outsource any area of their business in order to save on payroll costs and time to maximize profits. With today's technology, his team can easily take the guesswork out of hiring, training, and managing Virtual Professionals for investors of all portfolio sizes. Welcome to the show Max!Key Points From The Episode: -Max's start doing mortgages and appraising in college.-Getting over the hurdle of needing to do everything in his business.-Hiring VA's vs W2 workers.-W2 worker horror stories... Not attracting the right time.-What Max's company looks for in a good VA.-How to identify what tasks that need to be offloaded.-How Max's company functions. Managing the A's. -The best software for managing VA.Books Mentioned:Any book by Zig Ziglar!

Today's guest is Chris Prefontaine! Chris is the best-selling author of 2017's Real Estate On Your Terms and 2019's The New Rules of Real Estate Investing. A real estate investor with over 28 years experience in the field, Chris is the founder of Smart Real Estate Coach and host of the Smart Real Estate Coach Podcast. He lives in Newport, Rhode Island with his wife, Kim, and their family. Chris operates the family business with his son, Nick, his daughter, Kayla, his son-in-law, Zach, and an amazing team.Chris has been a big advocate of constant education. He and his family mentor, coach, consult, and actually partner with students around the country, teaching them to do exactly what their company does. Between their existing Associates nationwide and their own deals, Chris and his family are still acquiring 5-10 properties every month and control between $20 to $30 million dollars worth of real estate deals -- all done on TERMS without using their own cash, credit, or signing for loans.Chris and his family believe strongly in giving back to the community. They currently support Franciscan Children's Hospital in Brighton, MA, 3 Angels Foundation in Newport, RI, and the Wounded Warrior Project by giving a percentage of all deals to those causes.Key Points:  -How 2008 effective Chris Prefontaine.-Not recommending new investors to get traditional loans.-Using creative financing to leverage deals.-Chris explains owner financing.-Wholesaling vs. lease purchase options.-Getting paid three times on deals.-How Chris gets three paydays on his deals.-Rent-to-own Investments how they work.-Getting people back into home ownership by purchasing on terms.-How Chris finds deals. Books Mentioned:- Shoe Dog By Phil KnightGet Chris's Book FREE: www.wickedsmartbooks.com/ritter