The Multifamily Takeoff

Today, we are proud to present our exclusive investment opportunity for our 20-unit new apartment development on the border of Ocean Beach and Sunset Cliffs right here in San Diego, CA. This investment is open to all of our listeners so you can invest alongside us.  In this episode, we provide a sneak peak at what makes this rare opportunity such a great investment. If you've been listening to our podcast, you won't want to miss this one.  If you want to learn more about this investment, be sure to register for our live webinar on August 5th at 5:30 PM PT. Register by clicking here, or you can copy and paste the link at the bottom of this description. This webinar will cover all of the key details of this project including: An intro to the team/sponsors Project Overview Investment Location Details San Diego's Low Housing Supply The Numbers/Target Returns How to Invest IF YOU CANNOT ATTEND THE WEBINAR IT IS IMPORTANT TO REGISTER TO OBTAIN THE WEBINAR RECORDING AND FOLLOW-UP FOR ACCESS TO INVEST If you have any questions or have issues signing up for the webinar please email admin@takeoffcapital.com https://us06web.zoom.us/webinar/register/5317219404658/WN_R-_dsR6HRsuYnVHfatOYdg

Follow Mike and Shawn on Instagram: Shawn: @shawn_dimartile Mike: @miketighe_ Episode Summary: In this engaging episode, Shawn DiMartile interviews Austin Allison, the innovative mind behind Pacaso, a burgeoning platform revolutionizing vacation home ownership. Broadcasting from Tuscany, Italy, Austin shares his journey from humble beginnings in Cincinnati, Ohio, to becoming a leading figure in real estate technology. He talks about his early ventures, notably DotLoop, and its acquisition by Zillow, and delves into his latest endeavor, Pacaso. This platform redefines second home ownership by enabling co-ownership of luxury vacation properties. Throughout the conversation, Austin elaborates on the inner workings of Pacaso. He explains how the model supports real estate investors in acquiring shares of high-value properties in prime locations for a fraction of the cost. Austin details the rigorous processes involved in managing these properties, from vetting and onboarding homes to ensuring seamless operation and maintenance, sidestepping common pitfalls associated with co-ownership. This episode is a must-listen for anyone intrigued by the future of real estate investment and the innovative solutions Pacaso offers to current market challenges. Key Takeaways: Transformative Co-ownership Model: Pacaso enables multiple owners to co-own luxury vacation homes, reducing costs and operational headaches Broad Market Access: Pacaso operates in over 40 destinations globally, including the U.S., Paris, London, and Mexico, offering diverse property options Seamless Management: Pacaso manages all aspects of the home, from maintenance to scheduling, ensuring a hassle-free experience for owners Resale Opportunities: Owners can sell their shares through Pacaso's marketplace, providing liquidity and flexibility similar to traditional real estate transactions Growing Trend: Co-ownership is becoming more popular as housing affordability declines, allowing more people to enjoy the benefits of luxury property ownership How to connect with Austin:  Website: Pacaso Instagram: @pacasohomes LinkedIn:  Austin Allison Learn more about Mike and Shawn:  Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com

Follow Mike and Shawn on Instagram: Shawn: @shawn_dimartile Mike: @miketighe_ Episode Summary: Join host Mike Tighe in this enlightening conversation with Kyle Matthews, a powerhouse in the commercial real estate industry. Broadcasting from Telluride, Mike dives deep into Kyle's journey from a college football player to founding the largest private commercial brokerage in America. Discover the trials and triumphs Kyle faced while transitioning from being a top-performer at Colliers International to establishing his own firm, Matthews Real Estate Investment Services. Kyle shares his foundational years, emphasizing his initial struggles in the real estate business, taking 17 months to close his first deal, yet how perseverance and hard work led him to success. He details the reasons behind starting his own brokerage and the steps taken to scale it nationwide, even discussing the intricacies of office operations, hiring practices, and his zero-debt philosophy. He also addresses the unique market challenges posed by rapidly rising interest rates and the fundamental shifts in office real estate post-COVID. Key Takeaways: Persistence Pays Off: Kyle's journey underscores the importance of perseverance, taking 17 months to close his first deal and growing from failures Strategic Scaling: Key insights on how to scale a business nationwide by focusing on the right hires and maintaining a strong office environment Financial Prudence: Kyle's adherence to a debt-free business model and the long-term benefits it offers Market Adaptation: Discussion on how high interest rates and other macroeconomic factors affect real estate and strategies to manage these changes Office Culture: Emphasizing the importance of an in-office work environment to foster collaboration and growth How to connect with Kyle:  LinkedIn: Kyle Matthews Instagram: @kylematthewsceo Twitter: @kylematthrewsceo Website:  Matthews Real Estate Investment Services Learn more about Mike and Shawn:  Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com

Follow Mike and Shawn on Instagram: Shawn: @shawn_dimartile Mike: @miketighe_ Episode Summary: In this engaging episode of the Real Estate Takeoff Podcast, Mike Tighe sits down with August Biniaz, the Chief Investment Officer at CPI Capital, to discuss the intricacies of real estate syndication, particularly in the multifamily space. Broadcasting from Vancouver, Biniaz delves into his dual role in acquisitions and asset management, providing listeners with a behind-the-scenes look at how CPI Capital navigates the ever-changing real estate market. Throughout the episode, Biniaz shares insights on CPI Capital's implementation of the EOS (Entrepreneurial Operating System) to structure their long-term goals, including their ten-year ambition to be listed among the top 50 apartment owners in the U.S. The conversation also covers topics such as the challenges posed by the current economic climate, how CPI Capital is leveraging internal resources during slow deal periods, and strategic partnerships that enhance their market presence. Biniaz notably highlights the importance of educating oneself constantly and building a strong personal brand in real estate investing. Key Takeaways: Role of CIO in Real Estate Syndication: August Biniaz outlines his responsibilities at CPI Capital, emphasizing the importance of disciplined deal underwriting and effective asset management Leveraging EOS for Business Growth: Biniaz explains how CPI Capital uses the Entrepreneurial Operating System (EOS) to set and achieve long-term goals, providing a structured approach to growth Adapting to Market Challenges: Despite a slow deal period in 2023, CPI Capital focused on strengthening internal processes and partnerships, demonstrating the importance of adaptability and continuous improvement Cross-Border Syndication: Biniaz discusses the complexities and tax considerations of syndicating real estate deals in the U.S. while based in Canada, highlighting strategies for compliance and efficiency Education and Branding in Real Estate: Reflecting on his journey, Biniaz stresses the significance of continuous learning and building a personal brand to succeed in the competitive real estate market How to connect with August:  CPI Capital Website August Biniaz on LinkedIn Real Estate Investing Demystified Podcast: Hosted by CPI Capital NMHC (National Multifamily Housing Council) Learn more about Mike and Shawn:  Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com  

Follow Mike and Shawn on Instagram! Shawn: @shawn_dimartile Mike: @miketighe_ In this episode of the Real Estate Takeoff podcast, host Mike Tighe welcomes Trey Wheeler, VP of Investments at Tailwind Investment Group. Trey shares his journey from corporate finance to multifamily real estate investing, offering a unique perspective shaped by his diverse experiences. The conversation dives deep into the nuances of commercial brokerage, the subtleties of underwriting, and strategic insights for navigating the multifamily market, especially in today's volatile economic climate. Trey Wheeler explores the juxtaposition of working as a real estate broker and transitioning to a principal role, highlighting the significance of thorough underwriting and the importance of understanding market cycles. The episode also delves into the intricacies of listing properties, whether it's more beneficial to work with commercial brokers or residential agents, and how to create value as a sponsor. Trey imparts wisdom on thinking long-term, understanding market dynamics, and the benefits of having a cautious yet aggressive capital approach. Some key takeaways from this episode: Brokerage Insights: Trey discusses the profound impact of his experience in commercial brokerage on his investment strategies and career decisions Underwriting Best Practices: Emphasizes the importance of conservative assumptions, especially regarding rent growth and leverage, to ensure reliable profit margins Market Cycle Awareness: Highlights the necessity of understanding where we are in the real estate cycle to make informed investment choices Human Element in Real Estate: Treating everyone with respect and building lasting relationships is crucial for long-term success in the real estate business Strategic Capital Deployment: Trey touches on the advantages and disadvantages of different capital structures, including JV partnerships vs. discretionary funds How to connect with Trey: LinkedIn: Trey Wheeler Website: Tailwind Investment Group Stay tuned for more episodes of Real Estate Takeoff, where we bring you insights and experiences from industry experts to help elevate your real estate game. Listen to the full episode to dive deeper into the valuable lessons shared by Trey Wheeler. Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com  Website: www.takeoffcapital.com

Follow Mike and Shawn on Instagram: Shawn: @shawn_dimartile Mike: @miketighe_ In this insightful episode, Shawn DiMartile is joined by Josephine Saffert, a dynamic real estate developer based in Nashville, Tennessee. Josephine shares her journey from immigrating to the U.S. from Germany to establishing a successful development company focusing on urban fill projects. She provides an in-depth look into her strategies for selecting development sites, managing interest rate risks, and creating unique design features that make her properties stand out in a competitive market. Josephine dives into the specifics of her projects, including her focus on luxury townhomes and horizontal development. She discusses the importance of positioning developments in up-and-coming neighborhoods and leveraging investor partnerships to bring these high-end projects to life. Additionally, Josephine introduces her educational initiative, Developer Academy, which helps real estate professionals break into the development industry by providing a comprehensive curriculum and networking opportunities. Some key takeaways from this episode: Strategic Site Selection: Josephine emphasizes the importance of choosing development sites in emerging neighborhoods that promise future growth and value appreciation Interest Rate Mitigation: She discusses the impact of fluctuating interest rates on development projects and the necessity of conservative underwriting and padding contingencies Unique Design Features: Josephine's projects stand out due to unique design elements like rooftop hot tubs and courtyard spaces that add significant appeal Educational Outreach: Developer Academy aims to empower real estate professionals to venture into development with a combination of online resources and community support Investment Strategies: Insights into structuring investor deals for different types of development projects, including single-family homes, townhomes, and build-to-rent communities How to connect with Josephine: Instagram: @josephinesaffert Website Instagram: @sapphiredevelop Website:  Sapphire Development  Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com Website:  www.takeoffcapital.com

Follow Mike and Shawn on Instagram: Shawn: @shawn_dimartile Mike: @miketighe_ In this engaging episode, Shawn DiMartile sits down with Alex Inabnet, a multifaceted real estate expert based in San Diego, to delve into the intricate world of real estate development and general contracting. With an eclectic background in construction management and a hands-on approach to multifamily developments, Alex offers a wealth of knowledge on the current real estate trends across different markets, especially in San Diego, Austin, and Tampa. Throughout their discussion, Alex reveals the challenges and nuances of the construction and development landscape, especially in high-demand areas like San Diego. He shares invaluable insights on how to navigate market volatility, the importance of hiring experienced partners, and the critical role of communication in mitigating risks in construction projects. This episode is a treasure trove of expert advice for anyone interested in multifamily real estate development, construction best practices, and strategic market analysis. Some key takeaways from this episode: A comprehensive discussion on the importance of strategic market selection, with a focus on secondary growth markets such as San Diego, Austin, and Tampa Insight into the high barriers to entry and regulations in California's real estate market compared to Texas and Florida The significance of effective communication and problem-solving in managing construction costs and project timelines The critical role of experienced business partners and mentors in successful real estate development Observations on current market trends and future predictions, particularly regarding interest rates and their impact on real estate investments How to connect with  Website: www.inabnetcontracting.com Email:  alex@inabnetcontracting.com Phone Number:  (318)-780-6513 Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com

Follow Mike and Shawn on Instagram: Shawn: @shawn_dimartile Mike: @miketighe_ In this episode, Mike Tighe interviews Antonio Cucciniello, who shares his real estate journey and how he started investing in properties. He discusses the importance of finding alternative sources of income, especially for retirement, and how he used cash-out refinances to expand his real estate portfolio. Antonio also talks about his current focus on helping others get started in real estate investing through his company, House Hack Helpers. He emphasizes the importance of taking action and overcoming emotional barriers when it comes to investing in real estate. The episode concludes with a discussion on the potential of short-term rentals and the benefits of house hacking. Some key takeaways from this episode: Antonio Cucciniello started investing in real estate to provide a retirement income for his father and build a legacy for his future family Cash-out refinances allowed Antonio to recycle his initial capital and purchase more properties, expanding his real estate portfolio Antonio co-founded House Hack Helpers, a company that flips duplexes, triplexes, and quadplexes and sells them to individuals interested in house hacking Overcoming emotional barriers and taking action are crucial for success in real estate investing Short-term rentals can be a profitable option for maximizing rental income, but they require additional upfront costs and considerations How to connect with Antonio: Instagram: @investarters Book: The Beginner Real Estate Investor Playbook: A Step-by-Step Guide to Buying Your First Rental Property Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com

Follow Mike and Shawn on Instagram! Shawn: @shawn_dimartile Mike: @miketighe_ In this episode, Sarah Miskelly shares her unique journey in real estate investing, from growing up in a modest apartment to becoming a successful investor and entrepreneur. She discusses the importance of starting early and learning from experienced investors, as well as the value of investing as a limited partner (LP) to gain valuable insights and build relationships. Sarah also emphasizes the need for due diligence when choosing partners and shares her own experience of investing with an untrustworthy general partner (GP). She provides advice for aspiring investors and highlights the importance of finding your niche and building authentic relationships in the industry. Sarah also discusses the current state of the market and offers insights on how to pivot and find profitable opportunities in any market condition. Some key takeaways from this episode: Starting early and gaining exposure to real estate at a young age can provide valuable knowledge and experience Investing as a limited partner (LP) allows individuals to gain insights into the investment process and build relationships with experienced investors Due diligence is crucial when choosing partners, and it is important to assess their track record, integrity, and alignment with your investment goals Building authentic relationships and networking are essential in the real estate industry, and attending conferences and meetups can provide valuable opportunities Pivoting and adapting to market conditions is key to finding profitable opportunities, and different asset classes may offer attractive prospects depending on the market How to connect with Sarah: LinkedIn:  Sarah Miskelly Website:  Hylee Capital Instagram: @sarah.miskelly Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com

Follow Mike and Shawn on Instagram: Shawn: @shawn_dimartile Mike: @miketighe_ In this episode, host Mike Tighe interviews Aaron Yassin, a real estate developer based in Brooklyn, New York. Aaron shares his unique journey into real estate development, starting from being a fine artist to purchasing properties for his studio. He explains the process of developing ground-up condominium buildings and the challenges and opportunities that come with it. Aaron also discusses the importance of vertical integration and finding the right team to execute development projects successfully. He emphasizes the significance of understanding the market dynamics and tailoring the marketing approach to target buyers directly. Some key takeaways from this episode: Aaron's background as a fine artist led him to purchase properties for his studio, which sparked his interest in real estate development Hive Developers focuses on ground-up condominium development, aiming to maximize the price per square foot in the markets they operate in The process of developing a condominium building involves obtaining approval for a condo offering, which includes separate tax lots for each unit Marketing and sales play a crucial role in the success of a condominium project, with the goal of targeting buyers directly and providing them with as much information as possible As units are sold, the debt is paid down through lien releases, and the remaining units are sold until the senior debt is fully paid off How to connect with Aaron:  LinkedIn:  Aaron Yassin Website and EBook: www.hivedevelopers.nyc Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com  

Follow Mike and Shawn on Instagram: Shawn: @shawn_dimartile Mike: @miketighe_ In this episode of the Real Estate Takeoff Podcast, hosts Mike Tighe and Shawn DiMartile discuss the important factors to consider when partnering with other investors for real estate deals. They provide valuable insights and advice based on their own experiences in the industry. The hosts cover topics such as the earnest money deposit, lending, asset management, property management, banking and financials, reporting to investors, construction and project management, and sale and disposition. They emphasize the need for clear communication and alignment of goals when entering into a partnership. Listeners will gain a better understanding of the key considerations and discussions that should take place before partnering with others in real estate investing. Some key takeaways from this episode: The earnest money deposit is an important topic to discuss before partnering with someone. It is crucial to determine who will be responsible for bringing in the deposit and ensure that all parties have the necessary liquidity When it comes to lending, the person signing on the loan should have a say in selecting the lender. It is important to consider the experience and qualifications of the individuals involved in the partnership Asset management responsibilities should be assigned to the person with the most experience and expertise in managing properties. This role involves overseeing day-to-day operations and making decisions to ensure the property performs according to projections The selection of a property management company should be based on merit and performance, rather than solely relying on a partner's existing company. It is important to evaluate the property management company's track record and ability to handle the specific property Banking and financials should be overseen by a responsible party who has access to the bank accounts and can manage the finances effectively. It is crucial to have checks and balances in place to ensure transparency and accountability Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com

Follow Mike and Shawn on Instagram: Shawn: @shawn_dimartile Mike: @miketighe_ In this episode, host Mike Tighe interviews Ed Mathews, the founder of Clark Street Capital. Ed shares his journey in real estate investing, from flipping houses to focusing on multifamily properties. He discusses the advantages of multifamily investing, including creating cash flow and building long-term wealth. Ed also explains why he decided to bring property management in-house and the benefits of vertical integration. He emphasizes the importance of finding mentors and learning from experienced investors in order to succeed in the real estate industry. Some key takeaways from this episode: Ed Mathews transitioned from flipping houses to focusing on multifamily properties to create long-term wealth Multifamily investing provides cash flow and the potential for generational wealth Bringing property management in-house allows for better control and ensures properties are managed according to Ed's standards Finding mentors and learning from experienced investors is crucial for success in real estate investing Ed emphasizes the importance of building relationships and networking within the real estate industry How to connect with Ed: Website: www.clarkst.com LinkedIn: Ed Matthew Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com    

Follow Mike and Shawn on Instagram: Shawn: @shawn_dimartile Mike: @miketighe_ In this episode of the Real Estate Takeoff Podcast, hosts Shawn DiMartile and Mike Tighe discuss the challenges they have faced in the short-term rental market, specifically with Airbnb properties. They analyze the decline in revenue and the increasing competition in the market. Shawn shares his experience with maintaining luxury properties and the high expense ratios associated with them. They discuss strategies for addressing guest issues and managing refunds. The hosts also explore the idea of investing in smaller, unique stays as a way to reduce expenses and simplify operations. Some key takeaways from this episode: The short-term rental market, particularly Airbnb, has become increasingly competitive, leading to a decline in revenue for many hosts Luxury properties come with high expense ratios due to the maintenance and upkeep required for amenities such as pools, hot tubs, and large kitchens Addressing guest issues promptly and effectively can help mitigate negative reviews and potential refund requests Investing in smaller, unique stays can reduce expenses and simplify operations, offering a more manageable and cost-effective approach to short-term rentals Expense ratios should be considered alongside income figures when evaluating the profitability of short-term rental properties Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com  

Follow Mike and Shawn on Instagram: Shawn: @shawn_dimartile Mike: @miketighe_ In this episode, Shawn DiMartile interviews Andrew Hines, a seasoned real estate investor and entrepreneur. Andrew shares his journey in real estate investing, from his early experiences with rent-to-own properties to his current focus on short-term rentals and glamping resorts. He discusses the importance of being adaptable and willing to pivot strategies as the market changes. Andrew also provides insights into the profitability of short-term rentals and the potential for scalability in the industry. He emphasizes the need to focus on the cool factor and create unique experiences for guests. Additionally, Andrew talks about his current ventures in Florida and his approach to off-market acquisitions. Some key takeaways from this episode: Andrew emphasizes the importance of being adaptable and willing to pivot strategies in real estate investing as market conditions change Short-term rentals, such as glamping resorts, can be highly profitable if done right, with the potential for quick payback periods and significant cash flow The cool factor and unique experiences are crucial in attracting guests to short-term rental properties Off-market acquisitions can provide opportunities to buy properties at discounted prices and protect against downside risks Andrew's focus on scalability and building an organization has allowed him to grow his real estate ventures and take advantage of new opportunities How to connect with Andrew: Instagram:  @theandrewhines Podcast: The Andrew Hines Real Estate Investing Podcast Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com

Follow Mike and Shawn on Instagram: Shawn: @shawndimartile_ Mike: @miketighe_ In this episode of the Real Estate Takeoff podcast, hosts Shawn DiMartile and Mike Tighe discuss the challenges of building affordable housing in San Diego, California. They delve into the numbers and costs associated with constructing affordable housing units, highlighting the reasons why it is difficult for developers to build such projects without government intervention. The hosts also explore the role of tax incentives and subsidies in making affordable housing projects financially viable. Through their insightful analysis, they shed light on the complexities of the affordable housing issue and provide valuable perspectives on the topic. Some key takeways from this episode: Building affordable housing is challenging due to high construction costs, expensive land prices, and the need to charge higher rents to cover expenses and generate profits Developers often choose to build higher-end projects in more desirable neighborhoods to maximize their returns, rather than focusing on affordable housing Government intervention, such as tax incentives and subsidies, is necessary to bridge the financial gap and make affordable housing projects feasible Subsidies can be viewed as investments by the government, as they not only provide housing for low-income individuals but also contribute to the stability and growth of the local economy The government can recoup its investment through tax revenue generated by the affordable housing units over time Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com  

Follow Mike and Shawn on Instagram: Shawn: @shawn_dimartile Mike: @miketighe_ In this episode, host Mike Tighe interviews Bobby Bryant, a seasoned real estate professional and the founder of DOSS, a tech startup that leverages artificial intelligence to revolutionize the real estate industry. Bobby shares his journey from being a teacher to entering the world of real estate, highlighting the pivotal moment when he met his wife's uncle, a successful real estate broker. Inspired by this encounter, Bobby embarked on a career in real estate and eventually founded DOSS to provide a more efficient and personalized experience for buyers, sellers, and renters. Throughout the conversation, Bobby discusses the importance of belief and mentorship in achieving success. He emphasizes the value of finding mentors who are where you want to be and being willing to contribute and add value to their lives in return. Bobby also shares insights into the development of DOSS and how it aims to serve as a comprehensive life cycle solution for real estate, going beyond traditional search portals to provide a seamless experience from search to transaction to home servicing. Some key takeaways from this episode: Bobby Bryant's journey from being a teacher to entering the real estate industry was sparked by a chance encounter with his wife's uncle, a successful real estate broker Belief in one's ability to succeed is crucial when pursuing a new career or venture Mentorship plays a significant role in Bobby's success, and he emphasizes the importance of finding mentors who are where you want to be and being willing to contribute to their lives DOSS, Bobby's tech startup, aims to provide a comprehensive real estate experience by utilizing artificial intelligence to offer personalized search, transaction, and home servicing solutions The goal of DOSS is to go beyond traditional search portals and create a life cycle solution that serves buyers, sellers, renters, and homeowners through their real estate journey How to get in touch with Bobby: LinkedIn: Bobby Bryant, M.Ed DOSS: www.askdoss.com Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com

Follow Mike and Shawn on Instagram! Shawn: @shawn_dimartile Mike: @miketighe_ In this episode of the Real Estate Takeoff Podcast, hosts Mike Tighe and Shawn DiMartile discuss their transition from buy and hold multifamily investments to ground-up development. They explain the reasons behind their pivot, including the rising costs of existing properties compared to the cost of building new ones. They highlight the benefits of ground-up development, such as lower expense ratios, higher profits, and the ability to provide affordable housing options. The hosts also address misconceptions and criticisms surrounding complete communities programs and zoning laws. Overall, this episode provides valuable insights into the world of real estate development and the advantages of ground-up construction. Some key takeaways from this episode: Replacement costs for existing multifamily properties have met or exceeded current pricing in most parts of the country, making ground-up development a more profitable option Building new multifamily properties allows for lower expense ratios and higher profits compared to purchasing existing properties Ground-up development provides the opportunity to create affordable housing options and avoid rent control regulations for the first 15 years of ownership Value-add properties may appear attractive, but they often come with higher expense ratios and potential issues due to aging infrastructure Complete communities programs aim to increase housing density and provide affordable housing options, benefiting both developers and low-income renters Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com  

Follow Mike and Shawn on Instagram! Shawn: @shawn_dimartile Mike: @miketighe_ In this episode, Elijah Brown joins host Mike Tighe to discuss his journey in real estate investing and his transition to the fund-to-funds model. He shares his experiences as an active operator, the challenges he faced, and the lessons he learned along the way. Elijah explains the benefits of partnering with experienced sponsors and the importance of focusing on what you're best at in order to scale your portfolio. He also discusses his investment strategy, which involves targeting value-add multifamily properties in the Sunbelt region, particularly in Arizona and Texas. Elijah provides valuable insights into the world of capital raising, including the process of vetting sponsors, establishing relationships with family offices, and navigating the legal aspects of the fund-to-funds model. Some key takeaways from this episode: Elijah Brown transitioned from being an active operator to focusing on the fund-to-funds model to achieve greater success and reduce the stress associated with managing properties By partnering with experienced sponsors, Elijah was able to scale his portfolio and gain access to larger deals and better investment opportunities The fund-to-funds model allows Elijah to raise capital from retail investors and allocate it to different sponsors and deals, providing diversification and risk mitigation Elijah focuses on investing in value-add multifamily properties in the Sunbelt region, particularly in Arizona and Texas, due to the favorable market conditions and population growth in those areas Building relationships with family offices and institutions is a long-term process that requires establishing trust, demonstrating a track record, and providing value to potential investors How to get in touch with Elijah: Website: www.goldhawk.us LP Multifamily Calculator: www.goldhawk.us/calculator GoldHawk Capital eBook: www.goldhawk.us/ebook Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com  

Follow Mike and Shawn on Instagram! Shawn: @shawn_dimartile Mike: @miketighe_ In this episode of the Real Estate Takeoff Podcast, hosts Shawn DiMartile and Mike Tai discuss their decision to internalize property management for their multifamily portfolio in San Diego. They explore the challenges they have faced with third-party property management companies and the inefficiencies they have observed in the leasing process. Shawn and Mike highlight the importance of control and the ability to optimize the leasing process to attract and retain tenants. They also emphasize the cost savings and improved customer service that can be achieved by managing properties in-house. Throughout the episode, Shawn and Mike share their insights and experiences as real estate investors and developers, providing valuable advice for listeners who are considering internalizing property management for their own portfolios. They discuss the importance of effective marketing, prompt response times, and streamlined application processes. By taking control of these aspects, landlords can enhance the leasing experience and maximize their profitability. Some key takeaways from this episode: Internalizing property management allows for greater control over the leasing process, leading to improved efficiency and profitability Third-party property management companies often have inefficiencies and limitations that can hinder the leasing process Prompt response times and effective marketing are crucial for attracting and retaining tenants Streamlined application processes and clear communication can expedite the leasing process and increase tenant satisfaction Internalizing property management can result in cost savings and improved customer service Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com

Follow Mike and Shawn on Instagram! Shawn: @shawn_dimartile Mike: @miketighe_ In this episode, Shawn DiMartile interviews Bill Faeth, a successful short-term rental operator and real estate investor. Bill shares his journey from long-term rentals to short-term rentals and explains why he believes short-term rentals are the number one asset class today. He discusses the benefits of short-term rentals, including cash flow and tax advantages, and shares his strategies for finding and investing in profitable properties. Bill emphasizes the importance of market research, underwriting, and marketing in order to stand out in a competitive market. He also discusses the impact of regulations on short-term rentals and advises investors to choose markets with consistent and favorable regulations. Some key takeaways from this episode: Short-term rentals offer higher cash flow and tax benefits compared to long-term rentals Investing in secondary and tertiary markets can be more profitable than investing in saturated primary markets Insulation from competitors, unique views, and proximity to attractions are key factors to consider when choosing a property Building rapport with guests through personalized communication and providing a high level of hospitality can lead to better reviews and repeat bookings Having a coach or mentor can help investors fast-track their success and avoid costly mistakes How to connect with Bill: Facebook: Build Short Term Rental Group Instagram: billfaeth73 Website: www.billfaeth.com Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com  

Follow Mike and Shawn on Instagram! Shawn: @shawn_dimartile Mike: @miketighe_ In this episode of the Real Estate Takeoff Podcast, hosts Mike Tighe and Shawn DiMartile engage in a lively discussion about the future of interest rates. They present contrasting viewpoints on whether interest rates will decrease, remain the same, or increase in the coming years. Shawn argues that interest rates will come down due to factors such as the Federal Reserve's intention to cut rates, the impact of high interest rates on the national debt, and the need to address the shortage of housing. On the other hand, Mike presents data that suggests interest rates may remain stable or even increase based on metrics such as CPI inflation, PPI inflation, and PCE inflation. The hosts explore the potential consequences of different interest rate scenarios and discuss the implications for the economy and real estate market. Some key takeaways from this episode: Interest rates are a topic of much speculation and debate, with experts divided on whether they will decrease, remain the same, or increase in the near future Shawn DiMartile believes that interest rates will come down, citing factors such as the Federal Reserve's intention to cut rates, the impact of high interest rates on the national debt, and the need to address the shortage of housing Mike Tighe presents data that suggests interest rates may remain stable or even increase based on metrics such as CPI inflation, PPI inflation, and PCE inflation The hosts discuss the potential consequences of different interest rate scenarios, including the impact on the national debt, government borrowing, consumer credit card debt, and the real estate market Real estate is often considered an inflation hedge, as rents tend to increase along with inflation, making real estate investments attractive in a high inflation environment Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com  

Follow Mike and Shawn on Instagram! Shawn: @shawn_dimartile Mike: @miketighe_ In this episode, host Shawn DiMartile interviews Mark Kenney, co-founder of Think Multifamily, about his experiences and lessons learned in the multifamily real estate industry. Mark shares insights from his 30-year career, discussing the challenges he has faced, particularly in the past year. He highlights the impact of rising interest rates, increasing insurance costs, and eviction delays on multifamily investments. Mark also provides valuable advice for aspiring investors, emphasizing the importance of eliminating unknowns and seeking guidance from experienced mentors. He discusses the current market conditions and shares his thoughts on the future of multifamily investing. Some key takeaways from this episode: The past year has been the most challenging for multifamily investors, with rising interest rates, soaring insurance costs, and eviction delays creating significant obstacles To navigate these challenges, Mark advises investors to eliminate as many unknowns as possible and focus on areas with less volatility in terms of evictions, insurance costs, and property taxes Mark recommends seeking guidance from experienced mentors who have been through market cycles and can provide valuable insights and advice Despite the challenges, there is still a strong demand for multifamily properties, and the interest in the industry is expected to rebound, especially among larger institutional investors Investors should adjust their expectations for returns and rent growth based on the current market conditions and uncertainties How to connect with Mark: Email: mark@thinkmultifamily.com Website: www.thinkmultifamily.com Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com

Follow Mike and Shawn on Instagram! Mike: @miketighe_ Shawn: @shawn_dimartile In this episode of the Real Estate Takeoff Podcast, hosts Mike Tighe and Shawn DiMartile discuss the topic of squatters' rights. They delve into the legal and practical implications of squatters occupying properties without permission and the challenges faced by property owners in dealing with this issue. The conversation covers real-life examples of squatters' rights cases, the history of adverse possession laws, and the impact of current legislation on landlords. Listeners gain valuable insights into the complexities of squatters' rights and the potential risks and consequences for property owners. Here's are some key takeaways from this episode: Squatting and trespassing are not the same thing. Squatting occurs when someone occupies a property without permission and converts it into their home, while trespassing is simply entering a property without permission Adverse possession is a legal doctrine that allows squatters to claim ownership of a property if they meet certain conditions, such as occupying the property for a specified period of time and using it openly and exclusively Different states have varying rules for adverse possession, with some requiring as little as five years of occupation before a squatter can claim ownership The process of evicting squatters can be lengthy and costly, often involving legal proceedings and court battles that can take months or even years to resolve Squatters' rights laws have sparked controversy, with some arguing that they protect vulnerable individuals and address housing shortages, while others believe they unfairly infringe on property owners' rights Learn more about Mike and Shawn! Mike: www.investormike.com Shawn: www.investorshawn.com Website: www.takeoffcapital.com

Follow Mike and Shawn on Instagram! Shawn: @shawn_dimartile Mike: @miketighe_ In this episode, our host Shawn DiMartile interviews Rob Beardsley, co-founder of Lone Star Capital, about the current state of the multifamily industry and how to underwrite deals in today's market. Rob shares insights on the changing landscape of rent increases, the impact of the supply pipeline on rent growth, and the importance of being strategic with capital expenditures. He also discusses the shift in cap rates and the opportunities for investing in higher-quality assets. Rob emphasizes the importance of overcoming imposter syndrome and offers advice on networking and building valuable relationships in the industry. Here's what you can expect from this episode: Rent increases can no longer be taken for granted in today's market, and a more selective and careful approach is needed when underwriting business plans The supply pipeline in the multifamily space is robust, which will keep a lid on rent growth in the near term. However, there will be solid rent growth on the back end once the supply glut is resolved Underwriting cap rate compression is possible in today's market, despite the general rule of expanding exit cap rates Class C assets pose higher risks in a recession than Class A assets, as Class C tenants are more income insecure and have less savings Overcoming imposter syndrome and being authentic in networking can lead to valuable connections and opportunities in the industry How to connect with Rob: Website: www.lscre.com Learn more about Mike and Shawn! Shawn: www.investorshawn.com Mike: www.investormike.com      

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ In this episode of the Real Estate Takeoff Podcast, hosts Mike Tighe and Shawn DiMartile discuss the common belief that renting is "throwing money away" and explore the financial realities of home ownership. They provide insights into the costs associated with buying a house, including mortgage payments, interest rates, and capital expenditures. The hosts also compare the affordability of home ownership in different markets, such as high-priced areas like San Diego and more affordable regions like the Rust Belt. They introduce the concept of house hacking, where individuals can purchase a duplex or multi-unit property and live in one unit while renting out the others to reduce or eliminate out-of-pocket expenses. The episode concludes with practical advice for potential homeowners and the importance of considering the opportunity cost of investing in real estate. Here are some key points covered in this episode:  Renting isn't just money spent; homeownership carries costs like mortgage payments, interest rates, and capital expenditures Affordability varies by location; high-priced areas demand hefty down payments and monthly expenses, while more affordable regions offer homeownership opportunities House hacking, buying a multi-unit property, living in one unit, and renting out others, can cut or erase homeowner expenses Delaying single-family home purchases and employing house hacking can build equity, boosting net worth for future homeownership Considering real estate investment opportunity costs is crucial; explore alternative investments for potentially higher returns Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ Today's guest is Joshua Cadillac.  In this episode, Josh shares his journey in real estate, from losing everything in 2008 to building a successful portfolio and investment fund. He discusses the importance of education and continuous learning in the industry. Joshua also highlights the need for real estate agents to understand the products they are selling and the value they bring to clients. He emphasizes the significance of knowing the numbers and conducting thorough analysis in real estate investing. Joshua also touches on the challenges and opportunities in the current market, including the impact of short-term rental properties on the rental market. Here's what you can expect from the episode: Joshua Cadillac entered real estate as an agent following financial setbacks in 2008, mastering short sales and collaborating with banks on foreclosures. He transitioned into real estate investing, establishing a successful portfolio and launching his investment fund. Stressing the significance of ongoing education, Joshua underscores its role in navigating the real estate sector. He advocates for agents to comprehend their products and articulate their value to clients effectively. Conducting thorough analysis and understanding numbers are essential in real estate investment. The current market presents challenges and opportunities, notably influenced by short-term rental properties' impact on the rental market. How to connect with Josh: Instagram: @joshuadcadillac Book: Close For Life Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ In this episode of the Real Estate Takeoff podcast, hosts Shawn DiMartile and Mike Tighe review the Marcus and Millichap 2024 Investment Outlook report. They examine the top multifamily markets nationwide and dissect the factors influencing their standings. The hosts investigate the balance between housing affordability and rental rates and its implications on various rental markets. San Diego's market dynamics are spotlighted, offering insights into its notable ranking. The episode wraps up with a conversation on interest rates and their potential repercussions on the real estate landscape. Here's what you can expect from the episode:  The Marcus and Millichap 2024 Investment Outlook report evaluates top multifamily markets nationwide, considering job growth, vacancy rates, construction, housing affordability, and rent trends. Dallas, Fort Worth, San Diego, and Tampa/St. Petersburg emerge as top multifamily markets in the report, driven by robust job growth, low vacancies, and strong rental demand. San Diego's scarcity of new units, coupled with high demand from young professionals and construction obstacles, solidifies its position as a premier multifamily market. The city's pricey housing contributes to rental affordability. Cities like San Diego, Los Angeles, and San Francisco grapple with significant gaps in housing affordability between owning and renting, fueling rental demand and potential rent escalation. Interest rates wield considerable influence in the real estate market. Speculation on rate fluctuations sparks discussions on potential impacts on transaction volume and investor sentiment. Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ In this episode, Mike Tighe and Shawn DiMartile speak with Rich Somers, a former business partner turned thriving boutique hotel investor. Rich outlines his investment strategy, focusing on boutique hotels amid retiring baby boomers and stricter short-term rental regulations. He delves into the renovation and management challenges, stressing the significance of technology, marketing, and guest relations. Rich provides insights from past deals, highlighting lessons learned and property enhancements. The episode wraps up with Rich's guidance for budding boutique hotel investors and his future fund aspirations. Here's what you can expect from the episode: Boutique hotels stand out as a prime investment opportunity amid retiring baby boomers and stricter short-term rental rules. Transforming independent boutique hotels can yield notable value growth and enhanced performance. Leveraging technology like online booking and guest communication tools is pivotal for streamlined operations and revenue growth. Effective marketing tactics, such as OTA listings, SEO optimization, and direct booking platforms, drive higher occupancy and income. Establishing strong connections with dependable lenders and partners is fundamental for fruitful boutique hotel ventures. How to connect with Rich: Instagram: @rich_somers YouTube: @rich_somers Podcast: The Rich Somers Report Website: somerscapital.com/mastermind Learn more about Mike and Shawn: somerscapital.com/mastermind Shawn: www.investorshawn.com Mike: www.investormike.com

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ In this episode, Shawn DiMartile and Mike Tighe discuss the housing market inventory shortage, examining its potential link to baby boomers. They analyze a Bloomberg article suggesting baby boomers' reluctance to sell their homes contributes to the shortage for younger families. The hosts offer their perspectives, supported by data, and discuss NIMBYism's impact on housing development in affluent areas. The episode concludes with a discussion on the government's role in addressing the shortage and the importance of balanced decision-making. Here's what you can expect from the episode: Baby boomers holding onto homes contributes to housing inventory shortage, but sole blame is unfair. Sentimental attachment and financial factors drive decisions to stay, including low mortgage rates and retirement plans. NIMBYism, especially in affluent areas, hampers housing development and worsens shortages. Government should prioritize housing needs, balance with existing homeowner concerns. More housing supply improves infrastructure, spurs economic growth for all residents. Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ In this episode, Shawn DiMartile talks to Kamohai and Tristyn, Hawaiian real estate investors.  They delve into their journey, tackling the peculiar challenges of the Hawaii market. Sharing insights on creative financing and flipping houses, they stress the value of relationships, market awareness, and adaptability in real estate success. Also, they discuss mental health's importance for entrepreneurs and advocate for seeking support when needed. Here's what you can expect from the episode: Kamohai and Tristyn, Hawaii-focused investors, excel in creative financing For successful creative financing, fostering relationships and local market knowledge are key Understanding individual seller needs is vital for effective creative financing Hawaii's market hurdles include stringent permits and elevated expenses Entrepreneurial longevity hinges on prioritizing mental health and seeking assistance How to connect with Tristyn and Kamohai: Instagram: @kamohairandtristyn YouTube:  @KamohaiandTristynKalama Podcast:  Deals And Aloha HGTV:  Renovations Aloha, Tuesdays, 9 PM EST and CT, 7 PM PST Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ In this episode, Shawn DiMartile and Mike Tighe explore new regulations and laws affecting landlord-tenant relationships in California, particularly in San Diego. They discuss the impact on real estate investors and tenants, highlighting challenges and potential consequences. The hosts delve into rent control's effects on the housing market, providing insights into short-term and long-term implications, and suggesting alternative solutions to address California's housing supply issue. Here's what you can expect from the episode: San Diego's new eviction regulations for renovations and landlords' financial challenges. Rent control's impact on the housing market and potential supply reduction. Government policies' role in housing supply dynamics. A comparative study: California rent control vs. Texas housing supply increase. California Coastal Commission's influence on coastal housing availability. Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com Website: www.takeoffcapital.com  

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ Today's guest is Andrew Kim, checking in from Toronto, Canada. Andrew brings expertise in both the business and technology aspects of the real estate industry, alongside being an avid investor himself. He has amalgamated his passion for real estate and technology into one company, aiding investors in managing their assets. Here's what you can expect from the episode: Insight into Andrew's technology company and its role in real estate Discussion on the advantages and disadvantages of investing across borders Explanation of Andrew's choice to focus on single-family investing Identification of the markets Andrew is currently most bullish on, along with advice for first-time buyers Description of the types of investors the company is geared towards Exploration of the common fears among individuals looking to start investing How to connect with Andrew: Blog: blog.sharesfr.com Website:  sharesfr.com Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ Today's guest is Ben Schuster. Ben is a partner is a manufactured housing investment company called Comfort Capital, where his main goal is to raise money from investors to buy mobile home parks. Here's what you'll get out of the episode: Where the bulk of the locations they invest in The pros and cons of mobile home park investing Why the asset classes he invests in are recession resistant Why Pheonix is the best residential market and they focus on it How to connect with Ben: Email: ben@comfortcapital.com LinkedIn: Benjamin Schuster  Website: comfortcapital.com Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ Today's guest is Lindsay Lovell. From San Francisco, California, Lindsay is a self-educated real estate investor who started her highly successful career not too long ago after becoming tired of her job.  She is now a real estate success story and shares her knowledge with those eager to get into the industry.  Here's what you'll get out of the episode: The importance of having a mentor in the real estate industry Advice and insights on long-distance investing Best practices when dealing with property managers Her experience with maintenance upcharges in her portfolio Tips on having virtual assistants to help manage your real estate business Her experience with sober living homes and tenant laws How to connect with Lindsay: Website: themillionairesmarch.com Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ Today's guest is Mark Khuri.  Mark is joining us from Bend, Oregon, and owns a private equity real estate investment company.  They work with investors and capital funding to build and create a diverse portfolio of real estate investments.  Mark specializes in mobile parks, ATMs, multi-family, and self-storage investments, all of which bring cash flow.  Here's what you'll get out of the episode: What investments and assets does his company mainly focus on The top asset classes he is investing in and what a tax-exempt department is Investment strategies he is using and tips for the upcoming year What he looks for in operators and potential red flags to avoid The transparency and communication aspect of sponsors Bad experiences in different types of asset classes How to connect with Mark: Website: SMK Capital Management LLC Email: info@smkcap.com Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ Today's guest is Gino Barbaro.  Living in St. Augustine, Florida, Gino is one of the biggest names in multi-family real estate.  Starting young, he has built his portfolio and developed a wealth of knowledge in the multi-family real estate industry.  Here's what you'll get out of the episode: How Gino learned life lessons from his dad that carried him to who he is today Why he and his firm prefer to do their deals with internal capital funds What he means by financing right and how you can stay out of trouble His biggest piece of advice on avoiding mistakes in the multi-family world How to obtain the knowledge that you need to get started in multi-family investing How to connect with Gino: Website: jakeandgino.com Podcast: The Jake and Gino Show Email: gino@jakeandgino.com Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ Today's guest is Dave Meyer.  Checking in from Amsterdam, Dave is a real estate investor and the Vice President of Data Analytics at Bigger Pockets.  Starting his journey in 2010, he decided to merge his tech job with real estate and now works full-time for Bigger Pockets from abroad.   Here's what you'll get out of the episode: How real estate data collecting has evolved in the last few years Dave's thoughts on the current and future states of interest rates What passive investments in real estate are Unemployment rates and inventory Mortgage rates and how the future of the market Best investing strategies in 2024 and the housing crisis How to connect with Dave: Website: BiggerPockets.com Podcast @OnTheMarket Instagram: @TheDataDeli Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ Today's guest is Craig Stevens.  A former CPA from North Carolina, he started his journey into real estate after growing tired of his professional job back in 2016.  He and his wife left their day jobs just the other year after becoming financially free and are now focused full-time on real estate and capital raising for other syndications.   Here's what you'll get out of the episode: His experience in landlord-tenant laws in the states he owns properties in Loan products and the strategies he used on his first few investments His expertise in investing in syndicated real estate deals First investment partnerships and capital raising What he looks for in sponsors and his favorite asset classes and submarkets How to connect with Craig: Email: craig@groundbreakingre.com LinkedIn: Ground Breaking Real Estate Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ Today's guest is Ivan Alfaro.  Ivan moved from Chicago to Atlanta with his mom and bought his first house.  From eating ramen to help save up money for his first house, eventually he kept buying more properties and eventually quit his job to focus solely on real estate.  Since 2017, he has been financially free and works part-time.   Here's what you'll get out of the episode: How he bought his first home and started his financial freedom journey Debt-To-Income and how he used it to his advantage Learn what naturally affordable housing is from an expert What markets and loan products he is using in naturally affordable housing What seller financing is and how does he find properties that fit this criterion Ivan's thoughts on the 2024 real estate market How to connect with Ivan: Website: Commonwalk.com Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ Today's guest is Jamison Wheeler.  Jamison is a broker for Marcus & Millichap and based in San Diego California.  He grew up in Topeka, Kansas, joined the military, and was stationed out in California where his real estate adventure began after getting his license.  He is now an established broker in San Diego for the #1 commercial real estate investment brokerage and capital markets services firm in North America. Here's what you'll get out of the episode: What cap rates and values he's seeing in the San Diego market today Trends in syndication for multifamily real estate His opinions on the tenant-right laws Jamison's favorite markets and submarkets to invest in right now Broker strategies in the San Diego market How to connect with Jamison: LinkedIn: @Jamison Wheeler Website:  Marcus & Millichap San Diego Phone: +1 (858)-373-3216 Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ Today's guest is Dan Brisse. Dan was a professional snowboarder for 15 years, and has now transitioned to a full-time real estate investor and managing partner of Granite Towers Equity Group. They work with the best partners in real estate to provide their investors and tenants with the best experience possible. Here's what you'll get out of the episode:  Dan's start to snowboarding and doing what he loves to succeed What it's like competing at the Olympic level and his favorite runs His background and growth as a real estate entrepreneur Hear about the markets where Dan sees the most opportunity The competitiveness in the Dallas market and how to master it What he predicts in the 2024 market and his thoughts for 2025 His advice on where to get the knowledge to start your real estate journey How to connect with Dan: Website: granitetowersequitygroup.com Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ Today's guests are Ryan Bevilacqua and Cory Jacobson.  Corey and Ryan own the Weekly Juice Podcast, a show about real estate and investing that they started when they were just getting into the industry.  Together, they are active real estate investors and are on the track to obtaining financial success, which they encourage everybody to join them. Here's what you'll get out of the episode:  Their advice on the work/life balance in running a real estate business while working a W2 What the bulk of their portfolio consists of Their key takeaways on their properties that give them the best chance of success What they look for when buying and marketing short-term rentals and Airbnb Their thoughts on the Airbnb bans in cities Why they have decided to invest down in Phoenix, AZ, and why they aren't interested in cash flow there How to connect with Cory and Ryan! Instagram: @weeklyjuicepod Website: juice-enterprises.com Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com  

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ Today's guest is Aaron Letzeiser.  Aaron started his insurance technology company, Obie, which focuses on the real estate investor class, with his brother a few years back.  He is also a real estate investor and founded his company to help investors in the industry. Here's what you'll get out of the episode: What does “technology-driven” mean and how does it apply to an insurance company The best practices he recommends to investors His advice for insurance when doing development work His thoughts on specialized insurance Why short-term rental insurance is so different and how important is it Connect with Aaron: Website: obieinsurance.com Email: aaron@obieinsurance.com Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ Today's guest is Melanie Dupuis.  Mel is a full-time real estate investor with her husband, Dave.  Working multiple jobs to raise funds for deposits, Mel and her husband were eventually able to quit their jobs and focus solely on real estate.   Today they have more than 200 units in 5 different countries.   Here's what you'll get out of the episode:  Mel's top advice for creative financing strategies How she typically structures a seller financing deal The owners she targets for seller financing The different types of seller financing Mel explains how she renovates her properties and gets funding What a promissory note is and how it applies to real estate Connect with Mel: Instagram: @investormeldave Youtube: @investormeldave TikTok: @investormeldave Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ Today's guest is Maxwell Wu.  Maxwell is a venture builder, real estate technology operating executive, and private equity investor.  Wu also owns a second-lending business focusing on multi-family real estate.   Here's what you'll get out of the episode:  Maxwell talks about a debt service reserve from a lender's perspective  Hear about the state of the lending market and the markets he lends in An expert's advice on rent growth, expense growth, and cap rates Maxwell's opinion on bridge loans His favorite strategy for getting rent growth data How to build trust and relationships with a lender Learn two new terms: “Debt Constant” and “Real Estate Private Credit” Connect with Maxwell: fulcrumlendingcorp.com Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ Today's guest is Jonathan Greene. Jonathan is a real estate professional with over 45 years of experience in the field.  These days, he runs a large on-market team and manages a podcast.  He is a self-coined Real Estate Thought Leader and specializes in on-market/off-market acquisitions. Here's what you'll get out of the episode: Jonathan gives us his insights on what he views as the biggest opportunities in the next 2 - 3 years His biggest tip for “house hacking” How Mainstreet investing will look in the future The asset classes Jonathan shies away from the most What he looks for in a sponsor when investing and his best advice in choosing one What are the red flags he looks for when looking at a deal His biggest advice for resources to get into investing Connect with Jonathan: Instagram: @trustgreene TikTok: @trustgreene  Youtube: @JonathanGreeneRE Zen and The Art of Real Estate Investing Podcast Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ Today's guest is Ken Gee. Ken was a former CPA at Deloitte before becoming active in real estate.  These days, he is the founder and president of KRI Partners, dedicated to creating wealth for their investors and clients through multifamily real estate funds Here's what you'll get out of the episode: Ken explains his start in real estate and how to make people trust you Why does he always end up outbidding his rivals in high-value markets Why brokers like seeing investors come in with a fund rather than syndications  Ken dives deeper into explaining the real estate business  His personal strategy for ensuring his properties are managed right Connect with Ken: Website:  kripartners.com/invest Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ Today's guest is Thomas Castell. Thomas is a CPA specializing in tax strategies for real estate investors. He's also an active and limited partner on multiple apartment syndications.  Here's what you'll get out of the episode: Why Thomas wants to allocate just 50% of his portfolio in real estate Why real estate investors have the insider's edge in the investing world Why Thomas isn't attracted to REITs The massive tax benefits of  “Real Estate Professional” status What the “short term rental loophole” is that allows for massive tax benefits for Airbnbs How a cost segregation study works for reducing rental income tax Connect with Thomas: The tax smart rei podcast The tax-smart real estate investors facebook group Website: www.therealestatecpa.com/thomas Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ Today's guest is Mike Mannino. Mike is a house flipper and long term multifamily rental owner. He flipped 80 homes before the age of 30 and currently owns 60 rental units.  Here's what you'll get out of the episode: Mike explains how sharing his journey has helped him raise capital for more projects.  Why Mike has put more focus into multifamily instead of flipping houses.  Mike reveals his #1 way of sourcing deals for single family and multifamily flips Who makes the best homeowners to send direct mail marketing to What to focus on in your mail marketing to homeowners How to systematize your real estate investing business to make it more predictable and scalable. Connect with Mike: Rewbuilders.com Facebook: Mike Mannino  Instagram: @themikemaninno Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ Today's guest is John Carlson. John is multifamiy developer in Phoenix. His firm has constructed over 21,000 multifamily units and has leased more apartments than anyone in the Phoenix area. Here's what you'll get out of the episode: Developed 21,000 units. Has leased up more apartments than anyone in Phoenix How leasing up apartments is different business than it was 20 years ago John explains why they purchase land in all cash prior to moving forward with development  Tips on how to expedite the permitting process and much as possible How high interest rates are affecting multifamily development How John approaches concessions in today's market Connect with John: Website: www.Mark-Taylor.com Email: John.carlson@mark-taylor.com Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com

Follow Mike & Shawn on Instagram! Shawn: @shawn_dimartile   Mike: @miketighe_ Today's guest is Ben Reinberg. Ben got started as a CPA in Chicago and quickly realized the wealth building potential of commercial real estate. Ben is now an expert in medical, office, and industrial real estate investments. Here's what you'll get out of the episode: Why Ben and his firm are focusing on medical facilities What makes a good medical facility a good investment and how to add value How to address negative news with investors How $1.6B in commercial real estate loans coming due will present an opportunity to investors The importance of not over-leveraging commercial real estate investments Connect with Ben: Website: www.benreinberg.com Learn more about Mike and Shawn: Shawn: www.investorshawn.com Mike: www.investormike.com