Subtle Asian Real Estate

Member Spotlight: Breaking into Commercial Real Estate w/ Nelson Lin

What happens when three strangers meet online and buy properties together? Come find out about how Lazy Fox Getaways got started, where we're at today, and our plans (or hopes) for short term rentals Our Airbnb listing: https://www.airbnb.com/h/lazyfoxretreat Give us a ! Partners: George Lang Danny Wong Kenny Lee

Sean is a real estate investor and hard money lender based in the San Francisco Bay Area. He invests in single-family renovations as well as out of state investments. He is also the host of “The Everything Real Estate Investing Show”, where he interviews the top investors to share their investment secrets with his listeners. In this presentation, Sean will teach us everything we need to know about how hard money loans work and how we can use them to purchase our next fix and flip project. He'll also be going over the new Long Term Rental Loan program that helps investors purchase more rental properties when they can't get a conventional loan.

This Meeting is Presented by LoanBase Although Conventional loans are a great way for new real estate investors to get started with Residential (1-4 unit) Real Estate, at some point, it becomes too difficult to reach the next level by only using conventional loans - especially if you can't even qualify for one, or several, conventional loans. To help you expand your real estate portfolio, and possibly start dabbling or in non-residential projects, you should look into getting a commercial loan to fund your next project. Commercial loans can be a creative financing solution for those who have: - Stated income (no tax returns required), - No documents (but have strong cash flowing properties), - Non-stabilized properties (half vacant or more), - Rehab/constructions (for run down properties), - Exceed the 10 conventional loans limit, - Want to borrow money as an LLC, or portfolio loans. You can get a commercial loan to fund the following type of projects: Multi-family (5+ units), retail, offices, industrial, special purposes (senior housing, car washes, hospitality), mixed-use properties, and etc. Our speaker for this event is Ari Shpanya, the CEO of LoanBase. His background includes: Bootstrapped Blok living to $65M AUM in 28 months. Blok is owner and operator RE investment firm, specializing in acquiring, developing, remodeling and managing multi-family, throughout San Francisco and Los Angeles. Current Average IRR is 42% Previously CEO / founder of Wiser (acquired). 85 employees over 3 countries and $8MM in ARR. Notable clients: eBay, Walmart, AT&T, HomeDepot, and leading brands & retailers; based in San Francisco Previously co-founder of Zent.com (acquired) Stanford GSB Ignite Program Graduate Contributor to many tech publications including Venturebeat, Forbes and Retailwire LoanBase is a new online commercial lending platform that connects prospective buyers to hundreds of commercial lenders. Long gone are the days where borrowers have to individually reach out to lenders to ask for a quote. With LoanBase, you'll be able to get multiple quotes instantly and will need to only complete one application to work with multiple banks. Their goal is to make commercial lending more accessible through technology, improve communication between lenders and borrowers, and to optimize transparency and efficiency during the lending process. We'll be getting a live demo of this revolutionary new commercial lending platform. This section of the interview is proprietary and cannot be recorded, so please be sure to hop on Zoom for this week's class.

Come join us in learning more about all-things Property Management related with Janet Woodgeard & for a Market Spotlight on Atlanta with Tony Tran! Property Management is a main component and one of the hardest aspects of Real Estate investing. So how do you make sure that the property is properly taken care of and how do you reduce your vacancy rate? What are ways to minimize your operational expenses and increase your rental income? How will you manage your property from a distance? The answer to all of this is having a trustworthy and reliable Property Manager on your real estate team. We have invited Janet Woodgeard, the Operations Manager and Associate Broker at NDI MAXIM Residential & NDI Maxim Management LLC to give us some industry insider insight on what Property Managers do behind the scenes for property owners and how often their work goes unnoticed. How do we find a reliable property manager as an out-of-state investor? Tony Tran, a Residential & Commercial Real Estate Advisor of the NXT Team at NDI Maxim Real Estate, will also give us a Market Spotlight on Atlanta, GA. He will go over the latest market trends and let us know what opportunities we should explore next. Tony is the Commercial Real Estate Chairman for Asian Real Estate Association of America, Atlanta Chapter, and on the Board of Directors with Georgia Vietnamese Chamber of Commerce. In 2020, Tony founded his own real estate team, The NXT Team, aimed to build leaders and influencers in the real estate industry, and to scale his scope of services for his clients. In Tony's first year as a real estate agent, he closed over 24 deals and $4M in total real estate volume, qualifying him to be a recipient of the 2020 NAMAR Million Dollar Club award. Tony's team helps investors in residential, multifamily, and commercial real estate, and have their own in-house property management team in the Atlanta Metro Area.

We're talking Mobile Home Parks with Nick Vu & Hersh Rai! Drop your questions down below. Hersh Rai is a Managing Partner of RaiVu Capital where he focuses on acquisitions and investor relations. Currently, RaiVu Capital has $3.65 MM AUM with a portfolio of 114 units focusing on multifamily and mobile home park investments. He hopes to use multifamily and mobile home park investing to inspire and serve others to achieve financial freedom and give back to his local community. Beyond real estate investing, Hersh is an active duty Naval Officer who specializes in Meteorology and Oceanography. He is currently stationed at the Joint Typhoon Warning Center at Pearl Harbor, HI Hersh holds a dual B.S. in Computer Science and Information Technology from the United States Naval Academy. In addition, he holds a M.S. in Computer and Information Technology from Purdue University. Nicholas Vu is a Managing Partner of RaiVu Capital where he focuses on acquisitions and investor relations. Currently, RaiVu Capital has $3.65 MM AUM with a portfolio of 114 units focusing on multifamily and mobile home park investments. He hopes to best provide for his investors, partners, and tenants by creating transparent and trustful relationships. Through multifamily investing, Nick hopes to reinvest into the communities he invests in. Beyond multifamily investing, Nick is an active duty Naval Officer who is currently pursuing a career in naval aviation. He is stationed in Pensacola, FL. Nick holds a B.S. in Mechanical Engineering from the United States Naval Academy. In addition, he holds a M.S. in Mechanical Engineering from Purdue University.

Ever wonder what goes into determining the value of your property? Come check out our conversation with James Tran as he walks us through his experience and life as an appraiser. Since 2005, James has had a career in commercial real estate with an emphasis in property valuation, a skill that has made James a real estate expert. As CEO of JT Real Estate Services (JTREI), James oversees the operations of the several tiers of the company: appraisals, sales, investing, and consulting. James is both an experienced negotiator, and veteran real estate analyst, having participated in real estate deals with values up to $40 million. Because of the breadth of real estate valuation experience, James also invests in real estate himself with his most recent acquisition being a 70-unit apartment portfolio. With the knowledge James has procured in his 14-year commercial real estate career, James also serves as a real estate investment advisor – consulting or partnering with clients in real estate investment deals with most being income-generating properties that increase clients' personal net worth. James has worked for companies such as The Marshall Group and Valbridge Property Advisors before he decided to form JTREI. Being a commercial real estate appraiser for 14 years, James' experience encompasses a wide variety of property types including car washes, gas stations, industrial warehouses and distribution centers, vacant land, lodging and hospitality, multi-family complexes, mobile home parks, low and mid-rise office buildings, retail-commercial properties and other mixed-use properties, shopping centers, and special purpose properties such as religious facilities. His experience in due diligence research and financial analysis of real estate has been a tremendous value-add benefit for his all of his clients.

Join us as we follow-up with one of our members from the 30 Day Challenge cohort. We'll talk with Susan Hang about her first time investment property purchase experience in North Carolina, challenges she faced and overcame, current state of her portfolio, and her future investment plans! Susan Hang is a ghost writer and content creator for fashion influencers and boutique brands. Prior to freelancing, she worked in corporate for 5 years within the finance, supply chain, and retail sectors. She's wanted to invest in real estate for years but didn't know where to start. Thanks to SARE, that dream is now a reality - and she plans to keep it going, acquiring at least one new property per year. Digital content and real estate aside, Susan loves traveling, cooking, and visiting cafes.

Join us as we chat with Mohit Astana and Jen Katsev about partnerships and syndications. They'll share their experiences both good and bad with investing in syndications and what they look for when evaluation a partnership. About the panel: Mohit is a 25 year old investor with 23 units out of state. Previously, Mohit worked at Greystar Real Estate Partners and Levrose Commercial Real Estate Jen Katsev is a community builder and founder of 506 Club, a curated and experienced investor network that is the one-stop spot for connecting accredited and sophisticated investors with syndicators. Prior, she served as the Director of Marketing at a Silicon Valley private equity firm, helping raise capital for over $200M in commercial real estate, and was also the founder of the Bay Area Commercial & Multifamily investment club, hosting top industry expert speakers including the Chief Economist of Fannie Mae. Jen moved to Bulgaria in 2019 after meeting her husband and inheriting 4 generation beekeeping family tradition and now runs the Bulgarian Honey Company. As a high performance coach, Jen believes that you CAN have it all, and her focus is to help high achievers experience fulfillment and joy in their successes, and produce high-achievement results in all areas of their lives that are not as successful yet.

Join us as we speak with Christine Chau on finding an out of state realtor to work with as well as take a look at Austin. Christine Chau is the founder and broker of Texas Urban Realty, a boutique, full-service Austin-based real estate company that specializes in residential sales, investments, leasing, and property management, as well as commercial real estate leasing. Christine has a passion for helping people achieve their personal and investment real estate goals, as well as an extensive, hand-selected network to ensure all of her clients have a successful experience. Christine is an Austin Board of Realtors® Director and ABOR Foundation Committee Chairman, the Asian Real Estate Association of America (AREAA) Policy Chair, and the Sigma Phi Omega Charitable Foundation Director of Development. Christine is a Certified International Property Specialist (CIPS) and a member of The Institute for Luxury Home Marketing and the National Association of Residential Property Managers (NARPM®). Christine's real estate expertise includes new home sales, commercial leasing contracts, multi-family investments, restaurant business brokerage, and more. Learn about Christine at https://www.texasurbanrealty.com/

This week we'll discuss Opportunity Zones with Eng Taing, what they are, and why you should get involved! Eng the CEO & Founder of Touzi Capital (pronounced Toe-Zee) and is an experienced real estate investor with $100M assets under management. Eng is an economist by training, from the Wharton School of Business. He also has experience leading data science and analytics at Apple, Capital One and AT&T. He's the classic immigrant story, born in a refugee camp in Thailand escaping the Khmer Rouge and finding success in data & math in America. Eng focuses on high cash flow investments and providing passive income to investors by acquiring and optimizing multifamily, senior living facilities, & bitcoin mining operations.

A bit about Alex: Graduated college in 3 years with a degree in Finance. He bought his first property right out of school, a 6 bedroom for $160k. While living there, he started renting out 2-3 spare bedrooms, what is now commonly known as “house hacking.” He'd go on to sell that house two years later for $200k. He would go on to rent out his next property on Airbnb on the weekends and gross enough to cover the double the mortgage. Realizing his passion for real estate and helping others, he started working as a lender shortly thereafter at one of the fastest growing mortgage companies, LoanDepot. These days he's doing $1-2M a month in loans. Mostly working with investors, focusing on cash-out refis and BRRRR deals. In addition to conventional financing, he has some knowledge on creative financing strategies; bank statement loans, cash flow loans, hard money options.

As part of the #30daystobuyahomechallenge, we're going to start cramming some classes This second is going to be about finding deals and identifying markets