The Real Path to BYOB(Be your own Boss)

Dr. Jamil Sayegh is an international life, business, and relationship coach, integrative naturopathic physician, master NLP practitioner, and the author of 20 Steps to Your Next Breakthrough. He works with leaders and high performers from all walks of life including world-champion athletes, best-selling authors, entrepreneurs, business professionals, and more to create an extraordinary life without regret.  Welcome to the show Dr Jamil ,it's an honor to have you here -I first heard you speak  at  a mastermind event and your ideas really got me thinking, I can't wait for my listeners to hear more from you and get inspired 

Josh Wilson is a Real estate investor who has not only grown his real estate portfolio into multi-millions but is also most known for his training on how to create generational wealth on steroids.I am passionate about helping people move out of having to depend strictly on ‘transactional' income and jump-start their way to Passive Income.He specializes in implementing the BRRRR method of real estate investing which stands for buy, rehab, rent, refinance and repeat.He started my real estate investment career as a property manager and learned how to become an operator and then pivoted into building a portfolio of real estate that produces Cashflow, Tax Benefits, and Appreciation.

Param Baladandapani is a subspecialty trained Radiologist who while working full time and raising two young kids built a multi-million dollar real estate portfolio that helped her become Financially Independent and retire this year at 41. She is the founder and CEO of GenerationalWealthMD, a community that helps high-income professionals accelerate towards financial freedom by building a real estate portfolio that fits their lifestyle and goals. Over the last 8 years, she has invested in Long Term and Short term rentals, as well as development projects in different domestic markets and abroad and she, brings this expertise to her Immersive small group coaching program- Creating Generational Freedom where she empowers others to start and scale their portfolios. She is also passionate about paying it forward and has helped establish a nonprofit educational trust in rural India.

Pilialoha Yarusi is a Real Estate Entrepreneur, Mentor, and Podcaster. Pili is originally from Hawaii - She has worked in the arts, managed restaurants and bars, and has owned a berry farm.She and her husband started flipping houses, expanded into wholesaling and built a  large multifamily portfolio worth 100 million.  

Larry Pendleton Jr. has been a CPA for over 8 years with experience in tax consulting & preparation, accounting, and financial statement auditing. He co-founded P.C. Financial Services, LLC., which provides nationwide tax consulting and planning for professionals in real estate. He also brings over 6 years of real estate experience as a multifamily investor involved in syndications, joint ventures, asset management, tax strategies, investor relations, and underwriting. Larry holds key finance and accounting positions for several real estate investment firms that oversee over $6MM in assets. Not only does he oversee the finance and accounting for these organizations, but he also adds value by implementing the same tax strategies that he recommends to his clients in order to maximize their investors' returns. Most importantly, Larry is married to his beautiful wife, Whitney, and the proud father of their 2 handsome sons, Larry III and Wesley.

Perry Zheng:   is the founder and CEO of Cash Flow Portal, a real estate syndication software. He lives in Seattle, where he owns six single-family properties. He started real estate syndication about three years ago and Today, he is a lead syndicator on more than 830 units and a passive in 2,000 doors.  Before switching to real estate full time he was an engineering manager at Lyft and worked as a software engineer at Twitter and Amazon.

Suzy Sevier and Michael Barnhart are the husband-and-wife team behind Adventurous Real Estate Investors, a multifamily firm dedicated to helping avid travelers and adventure seekers create passive income and time freedom through apartment building investing. Suzy and Michael got interested in real estate during the lockdown, and in nine months, they have attended 10 virtual events, booked 600 networking calls, put together an experienced team and built a multifamily portfolio —without leaving their home in the UK!

 Anthane Richie is currently an Active Duty Chief Petty Officer in the United States Navy. He is also a real estate investor in the Hampton Roads, VA area and hosts a podcast called Rich State of Mind. The Rich State of Mind Podcast is in the top 2% globally of active podcasts covering wealth building, investing, mindset, mental health, personal finance, marketing, and entrepreneurshiphttps://podcasts.apple.com/us/podcast/rich-state-of-mind/id1522296714

Yosef Lee is a Full-time W2 Lawyer in NYC. He is a father of 2 girls and did not know anything about investing in Real estate. His recent and first investment is in 44 Unit apartment complex before which he did not own a single-family or has never done any flipping.Social media handle: @yosefyourbrosef

 Savannah "The Net worth Nurse" is a full-time Registered Nurse in Los Angeles, California. She uses her skills as a leader in healthcare operations to manage multifamily syndications. She also helps busy medical professionals create passive income through real estate investing. Savannah uses mindset tools and goal setting to elevate herself within the healthcare system, as well as create a real estate business.

Camilla Jeffs is passionate about financial education, building wealth, and living a life by design. She is the Founder and CEO of Steady Stream Investments, a company focused on providing investment opportunities in large multifamily and senior housing communities.  With 18 years of experience investing in real estate, she has done everything from live-in flips, single-family rentals, small multifamily, and now large multifamily and assisted living. She specializes in teaching first-time investors how to achieve passive income and diversify their portfolios. Camilla believes in the investing trifecta, where one can achieve not only strong financial returns, but create social and environmental impact by providing safe, clean, and affordable housing to entire communities. Camilla is a triathlete, an outdoor enthusiast, and a devoted mother to her five amazing children.   

Quentin D'Souza is a multiple award-winning Real Estate Investor, and a trusted authority on real estate investing. He is an Ontario Certified Teacher and holds two university degrees, which includes a Master's in Education. Quentin has appeared onlocal and national television and radio, interviewed in national publications and hasbeen a keynote speaker to large audiences of real estate investors. Quentin is a proud member of the Entrepreneurs' Organization. His company,  Apleridge Homes, uses the Buy, Fix, Refinance, and Rent strategy on long term rentalproperties in Ontario, Canada, as well as with joint venture partnerships to createwin/win relationships on Apartment Building purchases. Quentin owns a real estateportfolio in excess of $80 million dollars of assets under management across Canadaby the end of the year and the US and transacted on 80+ properties since 2004.

Mike Cavaggioni is originally from Long Island, NY, and currently living in Ewa Beach, HI. He enlisted in the Navy in 2002 at the age of 17 and completed 9.5years before commissioning as a Naval Officer. In conjunction with his Navy career, Mike is a licensed REALTOR-ASSOCIATE® and a Finance Coach. With his military retirement approaching, his focus shifted to financial independence and entrepreneurship. Mike is the founder of Average Joe Finances. He started the website as a blog to share his journey in getting out of debt while becoming financially independent. Mike's focus is to provide information that will help others in their own financial independence journey. He is also the host of the Average Joe Finances podcast.

Badri Malynur is the cofounder of Avestor (avestorinc.com) a platform that allows high net worth investors to build custom real estate portfolios diversified across states, property types & time frames to provide passive income and capital appreciation. 

Melissa Johnson has been flipping houses in San Antonio, TX since 2003, growing and expanding the business into a thriving real estate investment operation. With close to a thousand flips under her belt, she has also built a portfolio of rental properties and real estate notes while raising five children. She provides coaching, support, and education for other high-level real estate investors nationwide. She enjoys giving back to the REI community by hosting the E3 podcast for women and the MORE (Moms of Real Estate) podcast and running the San Antonio Invest Her meetup group. As an active member of the Forbes Council on Real Estate and NAWBO (National Association of Women Business Owners), she is dedicated to the success and empowerment of women in business.

SAN ENG is the President of Skytian Capital, which deployed  over $500 million in capital •He is the  Wall Street Journal & USA Today best-selling author of the book titled: Ten Commandments of Investing, Guiding Principles from the World's Greatest Investment Wizards Previously, he ran a $100m funds voted “Top 30 in China”As an entrepreneur, led 8 ventures raised $150m+ capital include one throughthe IPO processWas also the Asst Professor  at prestigious Shanghai Jiaotong University where he taught credit course on investmentsHe is also the Father to 3 amazing teenage girls; speak 3 languages and has  lived in over 12 countries and visited 60 countries

Bill Manassero (pronounced  “MANNA+ SARROW”) is the host and top dog of The Old Dawg's REI Network, a blog and weekly podcast for people 50 years and older who are using real estate investing as a means to fund their retirement years and create a legacy for their children and grandchildren.  Prior to forming the Old Dawg's REI Network, Bill and his family were missionaries to orphaned, abandoned and at-risk children living on the streets of Port-au-Prince Haiti. Prior to Haiti, he was a professional musician and, prior to that spent over 20 years in business on the corporate and entrepreneur side.  

As the owner of MyRealtyGains, Prashant's passion is to assist Ultra Busy Professionals in identifying Grade A investment opportunities and providing stable cash flow returns and long-term capital appreciation by buying assets.Prashant has acquired and managed over 32 million in real estate. Prashant has appeared in 100s of podcasts with various hosts. He runs his webinars and meetups. He writes blogs on Rela estate investing and speaks on this subject across the country

Nathan Webb is a husband, father, investor, entrepreneur, real estate professional (a fancy way of saying I'm in real estate full time), and 1031 exchange accommodator. I am licensed in 2 states, CA and GA. I spend my days growing my own portfolio as a team with my wife and some close friends as investors. I also help a privately held REIT expand their portfolio across the US as we approach $4BB in assets under management. I do all of this while executing 1031 exchanges for clients from coast to coast and bundle it all together into a business somehow. I specialize in 1031's and have found that most people generally don't realize how powerful they are and how much you can do with them. I would love to share more on that.

I am super excited to be starting a new series to talk about mindset.I strongly believe that our lives are shaped by our minds and the thoughts we associate with.Well, if you think about it more - everything that has manifested in your life was once a thought in your brain that was followed up with action - the power of thoughts is undeniable. So, today let's dive into the kind of mindset that super successful people adopt in their life. A great deal of research has been done on what is called the growth mindset, and how successful people with this mindset succeed so abundantly in their careers or anything that they choose to do. Because the way you do one thing is usually the way you do most, if not all things in life What exactly is this GROWTH MINDSET? It's described as a state of the constant state of mental alertness with the desire to learn and get better while doing the needed in alignment with your goals - regardless of external factors.  And people who have mastered the ability to stay in this "zone" or so called "flow" state described it as one of the most fulfilling states. These people were able to stay motivated despite the many obstacles that stood in their way to success.  This is because the growth mindset allows individuals to love what they are doing  and also to continue to appreciate it in the face of problemsAnd as a consequence of this -there is no fear of failure.   And guess what ??? With the absence of fear, people are able to take action towards their goals without the mental pressure from the past or future, by just being in the moment. This mindset allows you to see failure as a chance to learn, grow, and perfect your approach to success.  

Vish Muni has Over 20 years of experience as a Small Business Entrepreneur, IT Professional, active real estate agent, and a full-time Multifamily Apartment investor. He started his real estate investing journey in 2009 with single-family homes, followed by duplexes and fourplexes. then transitioned to Multifamily investing in Nov 2019 and invested passively and as a General partner in multiple syndications. 

Tyler Chesser is a high-performance business coach and real estate entrepreneur who helps real estate investors, leaders and entrepreneurs transform their businesses and lives. Tyler started his coaching business in 2019 to help other entrepreneurs and investors deal with the sometimes overwhelming prospect of creating freedom and fulfillment through their business. Prior to launching his real estate investment firm, CF Capital, Tyler spent over seven years in the business as a founding principal of a successful commercial brokerage company. He is also a real estate investor, professional speaker, and an award-winning sales professional. Today Tyler offers a wide range of programs and services - from individual to group coaching, consulting, keynote speeches and hosts a top 200 business podcast internationally called Elevate. 

Chris is the Founder of JAG Communities based in Jacksonville, FL. Chris started investing in real estate in 2016 by attempting to flip houses in NY.  After months of failing, he attempted out-of-state flips, purchasing tax deeds, and finally found his footing in multifamily. Chris Joint Ventured on just over 100 units, before joining Toro Real Estate Partners as their head of Florida operations. Toro purchased 4000 units worth $300 mil, with 1000 units in Florida over a period of roughly 4 years. Chris eventually left Toro in Nov 2020 to start his own company which owns and manages small to mid-sized apartment complexes in Jacksonville, MSA.  JAG Communities currently owns and manages 16 units worth $1.2 million, with a 10-year vision to scale to $500 million AUM.https://www.linkedin.com/in/chris-grenzig/

Leka Devatha is a former fashion expert turned real estate investor She's been wildly successful in the Greater Seattle Area doing fix and flips, land subdivisions, multi-family investing, and selling of residential real estate representing both buyers and sellers. https://www.linkedin.com/in/leka-devatha-5616bb185/

 Damion Lupo is the Best-Selling Author of 12 books on personal finance, investment, and retirement planning. He hosts the Financial Underdogs podcast, has owned more than 50 companies, and is the founder of his own martial art, Yokido®. Damion is also a professional investor with decades of real-world experience that started with the purchase of his first rental using a VISA card advance -- a move that snowballed into 150 rental houses in less than 5 years. In 2008 he lost the whole $20 million business only to bounce back and recreate his wealth in 5 years. His mission is to free a million people from financial bondage. His unique tool is a fusion of financial literacy and a little-known strategy called the eQRP® that allows investors to control their retirement money and get off the wall street roller coaster.https://damionlupo.com/https://www.financialunderdogs.com/

Lane Kawaoka owns 4,200+ rental units and is the leader of  a club which has acquired over $350 Million dollars of real estate by syndicating over $40 Million Dollars of private equity since 2016.He obtained his BS in Industrial Engineer and MS in Civil Engineering and Construction Management from the University of WashingtonLane uses his Engineering degree to reverse engineer the wealth-building strategies that the rich use in  the Top-50 Investing Podcast, SimplePassiveCashflow.com. 

 Candice Bakx-Friesen- has a large portfolio of rental properties with her husband and is an agent, coach, and entrepreneur Manasa  00:02Welcome back to the real path to BYOB the show that aims to inspire you to achieve financial freedom and be your own boss, I'm your host Manasa Chepuri. Today we have an amazing guest with us. Her name is Candace backs Friesian. She has a large portfolio of rental properties with her husband and is also a real estate agent, coach, and entrepreneur. Welcome to the show Candice. candice  00:24Thank you so much for having me. Manasa  00:26It's great to have you here. And I can't wait to learn about your journey into real estate and to being your own boss. candice  00:32Yes. Manasa  00:34So could you share with me and my listeners hear a little bit about your background, your childhood, and how you got started with real estate? candice  00:43Sure. So I was raised by entrepreneurs, my grandparents, and my parents, on both sides for all entrepreneurs. So it was just something I think that naturally, you grow up with when you're surrounded with that from being a child already. And so I remember when I was about 12, thinking, maybe I should start reading some financial books because I don't know what I'm going to do or how I'm going to manage money. And everyone else around me seems to have this figured out. So I was one of those nerdy kids who was reading financial books at like, age 12 already. Oh, wow. Yeah. But I had my aunt who was one of the few people in our family at that point who had gone to university, and they really looked up to her a lot. And I thought she was an accountant. And I thought, yeah, I'm going to be an accountant, too. So the plan was always to go to university. And I was very driven and just wanted to get through high school because I got to start life already. And anyway, then I met my now-husband, and we met when I was 17. And he was 21. And he had rental properties already. And he had purchased his first rental when he was 17. So when we were we were just dating and chatting. And so I asked him about that because my family was gone into rental properties. And so he Yeah, he talked about it. And I was like, yeah, it seems to make sense. So we got married when I was almost 20. And I was 19. And yeah, almost 20. And so he already had two rental homes. And then I just said, Okay, well, this makes sense for one house, why don't we keep going. So you found a five Plex. And then we just kind of kept going from there. And that's that's how it's accumulated. So, Manasa  02:37okay. Okay, that's how it got started. And now after that, you have become a real estate agent, and what other  stuff do you do in real estate? candice  02:48Yeah, so the accountant, I did finish my Bachelor of Commerce here, University of Manitoba, and I'm in Canada. And then I sort of switched gears and got into real estate instead of pursuing becoming, becoming an accountant. And so I've been doing that now for about 14 years. But things have really kind of gone full circle, where now I'm just really looking at Legacy and trying to give back to people. And so I've kind of come full circle, where now I do financial coaching, as well as being a realtor, whether that's people who want to invest in real estate, or they're just struggling to figure out their finances. And I really believe that you can change families, you can change, you know, the future for kids, and communities if you can help people get their finances in order and help them succeed. Manasa  03:42Wow, very, very well. So that is so true. Great. Awesome. So how do you do that, like

Key Point Summary·        All kinds of deductions that you might have if you have a mortgage is mortgage expenses deduction. Often, when you do real estate tax savings, the topic is all about this thing called depreciation. ·        The IRS allows you to take a tax write-off tax deduction based on the concept your property will go down in value as time goes on. The day you buy a property is the purchase price spent on buying, even if you only put down a certain down payment. The whole purchase price is taken and then divided by 27 and a half years. That's the amount of time the IRS says that multifamily properties depreciate.·        When you're talking about the tax benefits of tax deductions, that's the biggest one. It's basically a free deduction that you're able to lower your tax liability by a huge chunk every single year just by the fact that you bought the property.·        Yonah says that there's no difference between single-family to multifamily. The only difference is that when you get into other commercial properties besides multifamily, instead of being a 27 and a half year depreciation schedule, it's a 39-year depreciation schedule.·        The purchase price determines how much depreciation you can take over the ownership. It goes down to take off the land value, which is deducted, which can sometimes be turned by an appraisal with the appraised land value or county property taxes.·        Yonah says that the deposition is applicable for new construction but only if it is new construction to hold meaning as a rental property. It only begins once you place it in service, so your tax deduction only starts once the construction is fully completed.·        According to Yonah, it's really just an advanced form of depreciation where we take the cost and instead of taking the whole thing as a lump sum and dividing that by 27 and a half years, the IRS says that you can segregate those costs into different categories that depreciate things in your building as you depreciate on different varying levels. ·        Yonah says you can take a huge chunk of the cost over a five-year deduction period instead of lumping it all together and just taking a little bit each year.·        Cost Segregation benefits those who are just trying to call the property for a smaller duration of time to get that advantage in the years that they hold stuff taking it over.·        Suppose you are a real estate investor who buys multiple properties, continuously investing, and buying more and selling maybe. In that case, you can really benefit from this no matter how long you're holding it for. Because depreciation for one property can be used to offset your income from all of your properties. It's a strategy that couples with the overall business strategy of investing.·        Rental income is considered passive income. A huge amount of depreciation is passive deductions. Your passive deductions are used against your passive income and it's lumped together. If you have one or multiple properties, all of your passive income is locked all together in one bucket, including all of your depreciation.·        Yonah says that everyone's greatest goal is to take advantage of the passive sides of the income.·        Passive deductions can only be used against your passive income. The exception is that when you're considered a Real Estate Professional. You or your spouse can qualify for the status but only one of you is qualified. Once you have this qualification, you now don't have that limitation. The passive deduction is only used against the passive income. You can use the passive deduction

In this episode, we have invited Sam Bates as he shares his experience of starting out in his real estate journey. Sam Bates is the managing partner of Bates Capital Group and a partner and co-founder of Trinity Capital Group. Sam has been directly involved in the acquisition, rehab disposition, and management of around 100 million dollars in multifamily and single-family real estate since 2009. In this episode, Sam gives a glimpse of how he started out in the multifamily space, the mistakes he made along the way, how he built his team, and the journey from buying multifamily until they decided to do ground-up development as a way to distinguish their company. Key Point SummarySam has always been interested to get into real estate but he never really understood real estate investments until 2009. Now, he has plans on getting a master's degree in real estate and thinks of pursuing a career as a loan officer, lender, or anything along those lines after finishing his degree.Over the last 10 years, real estate has been the darling child of investments. But through the help of social media and podcasts, people now have a working knowledge of what real estate can do compared to two decades ago. The general audience now understands how investing in real estate can help create generational wealth.After reading a few books about real estate, Sam decided to invest in real estate. He also joined a mentorship program in Dallas. Sam's first bad experience as a limited partner in a deal that never got under contract. Through the due diligence process, his partner found out there are some issues that he didn't realize early on, so he backed out but couldn't find another deal. His partner took 13,000 of Sam's $100,000 investment.During his second experience as a limited partner, Sam Started investing in single-family simultaneously which he did about 20 single-family acquisitions. At that point, Sam realized that he needed to move to a multifamily. Single-family is great and he made good returns on it, but it's very hard to scale and very labor-intensive.There are four classes in multifamily or just commercial real estate: Class A is your core plus. Class B could be in a good location. Then you have class C, which is usually a workforce of blue-collar housing, is usually out more into the suburbs further away from city centers. Class D is by far, the worst, if you have a bad tenant base, the delinquency will usually be pretty high and it's hard to collect rent, and years later, the location may not be desirable.For Sam and his business partner, anytime they start a project construction, they will hire third-party consultants to do their own surveys or market studies. They don't have to spend hours of research because they hire professionals to do it. They are confident that if they build a product, there's going to be demand because the worst thing you could do is build property and nobody wants to liveSam and his business partner talk to brokers and realtors about buying different lands. Lands have different types of zoning. They we usually buy it where it's not zoned multifamily, and they have to go through the process of zoning multifamily because that adds value.They both have pros and cons. Sam loves the construction aspect because they get to have a brand new building. You have a great tenant base that, at least from their standpoint, has always paid. One of the books that made a huge impact on Sam's life was Miracle Morning.Sam's family has always pushed him to have a good steady job. And I listened to them for a long time. But then he finally realized that he just needed to do it. He saved up through the single-family through the multifamily through just as his career salary going up and at that point, he was making six figures.When he was young, Sam envisioned himself being a doctor because he

In this episode, Ola Dantis, a serial entrepreneur and Founder/CEO of Dwellynn.com, a multifamily investment firm, and hosts one of the top real estate investing podcasts, The Dwellynn Show, will share his beginnings, how he got into real estate, this mistakes and success he's made into becoming his own boss.Key Point Summary:·        Ola Dantis wants to set a strong foundation when introducing himself, saying he is not just someone that just buys off apartments. There is a story behind every success in every person. Ola and his wife moved to the US from UK. They first settled in Maryland where they had a lovely apartment and both he and his wife had jobs. ·        His friend asked him to meet him in Dubai to meet some investors and to rehab and restructure his friend's business. During that process, Ola realized that he could do this type of business in America but he didn't know anything about real estate investing. Ola started googling about real estate investing, he started listening to podcasts, reading books about it. That was how it all started.·        When asked what was one book that changed everything for him, Ola shared that it was Robert Kiyosaki's book. It changed his mindset, everything he was trying to figure out, the goals that he wanted to set was all in that book. ·        In his journey of self-education in real estate investing, he made his first investment. Ola bought an office building in Baltimore, he had tenants on the top floor and he and his wife eventually moved into the bottom floor. Ola saw that there was growth in their investment and so he and his wife talked about scaling it up and make it into a bigger business.·        Since Ola was planning to scale up, he found a mentor and joined a group of people that had the same interest and goals as he had. He got on a course and was following the path.·        Along the way, Ola met a partner and they got into flipping houses. Ola admitted that he made a schoolboy error but also considered it as a lesson learned. It wasn't that they failed in their venture, it was that he realized it wasn't as glamorous as it looked. He admitted that he did not have the temperament for that business and he didn't enjoy it personally.·        Because Ola veered off from his first interest, which was real estate investing, he knew that there was a price to pay. He left his syndication group and by the time he came back all his peers were already buying 100-unit buildings.·      In finding partners, Ola shares that they have a close-knit community on Facebook, and it's only a matter of reaching out. But of course, it can't be just anyone, it has to be people that have the same wavelength as you so that you can really navigate the good and the bad throughout your deal.·        Ola shares that to be productive there has to be organization and discipline. Having a to-do list keeps him on track of the things that he has to do and to figure out a way to have a routine. Another thing is meditation. He wakes up every day at 4:55 AM to meditate, drinks his tea, and go for a walk or jog; he calls it his moment of quietude. Being successful has a ton to do with your mindset, your heart set, your soul set, and your health set. Another strategy is to read a lot. There might not be a lot of time to read but he likes reading the abstract of a book.Go to https://www.dwellynn.com/ if you want to know more about Multifamily Syndication.You can also follow Ola in his socials:Instagram | Facebook | Twitter | 

Key Point SummaryIn this episode of the BYOB Podcast, our guest is Lisa Hylton, a real estate investor, syndicator, and CPA with approximately 15 years of experience in the financial services industry.  She has significant experience with hedge funds, offshore funds, private equity funds and private equity fund-of-funds, and registered investment companies, including exposure to many accounting, operational, and reporting issues involving investment securities, swaps, and other derivative products. She's also the host of the Level up REI podcast. Her mission is to provide opportunities to investors to invest passively in US real estate to build long-term wealth and financial freedom.Key Point SummaryLisa grew up around the real estate space. Her father was a contractor who built 14 apartment units. As a child, Lisa was part of cleaning up when people left and turning those units to get them back into the market.Lisa's parents did property management themselves, and as she was growing up, she didn't understand or even value real estate. She just saw it as what her parent was doing. Lisa says that the universe has a funny sense of humor. She ended up leaving public accounting, which she worked for 10 years. She ended up leaving to go work for an investment manager where she was auditing funds. She now works for a fund manager.Lisa didn't have any direct real estate experience, but she had private equity experience. She was always around real estate.  She came back to it through her current job, and she then started thinking about house hacking, living in LA, and syndications.Lisa has been in commercial real estate for almost 5 years. Her first passive investment was a 600 unit apartment building in Atlanta back in 2019.Lisa went from trying to buy duplexes to thinking about house hacking. Then realizing what works for her and that she didn't want to live with other people. She then moved to turnkey. She took a trip from Alabama to Detroit looking for turnkey properties. After a year, she then ran across syndications.Lisa would go to a lot of meetups for real estate, out-of-state real estate investing, as well as turnkey investing. She went to the real wealth network and learned about the different markets, about turnkey, and all that stuff.The whole idea for investors about Turnkey Properties is that they buy a property that's ready to just open the door, and the tenant can move right in. Some turnkey providers even provide a stabilized property, fully renovated, and they've got a tenant in. That tenant has been in anywhere from three to six months, is paying rent, and it's stabilized. They then will then send or sell those properties.Many Turnkey providers will have turnkey standards. When you buy a property just right off of Redfin, you're gonna have to do that research. You're going to get your inspector out and inspect it to see what you need to be doing on it, and then you can do the work.Lisa says that if you feel like you want to execute the BRRRR, you won't go with a turnkey provider. You would look for your houses yourself, do all the renovation work,  and get your tenant. It just really comes down to you as an investor, like your risk levels and how much time you have.Lisa doesn't believe that they guarantee any cash flow. In terms of HFAC and those kinds of other things. Lisa hasn't personally purchased any turnkey, but from the extensive work that she does under a lightly real wealth network, they have a turnkey provider network.Lisa has invested passively in 2019 and in 2020. She has done a total of 4 passive investments to date, which is 3 multifamily and one industrial.Lisa says that the first thing to do is to start with yourself, and part of that might come from you doing some exploration to start with yourself.When it comes to real es

Kyle Mitchell is a real estate entrepreneur who has a focus on Multifamily Syndication and currently has $33Million Assets Under Management. He is the Managing Partner and Cofounder of APT Capital Group and the Asset Management Summit, where their mission is to positively impact the lives of their investors and the communities in which they invest through the highest level of transparency and fiduciary responsibility.  Kyle is also the co-host of the weekly real estate podcasts, Passive Income through Multifamily Real Estate & Asset Management Mastery, where he speaks with various experts in the real estate industry to help educate and create clarity for passive investors and new operators. With a background in operations, management, and logistics, he has overseen multi-million dollar businesses and has a passion for doing the same in the multifamily syndication space.Key Point Summary Kyle was in the golf business for 15 years and loved that job but eventually got burnt out and one day looked at his bank account, and 401k and realized it wasn't where he wanted it to be and he could not see himself wanting to be in that position for another 30 or 40 years. He always had an entrepreneurial spirit and in 2016, started looking around and found multifamily, which ties into what he was already doing- managing budgets, building systems, managing people holding them accountable.  He quickly understood the business aspect of multifamily. It really is purchasing multimillion-dollar businesses. And so as soon as he found it, he fell in love with it- took a mentorship coaching course, and within 11 months, left my full-time job to pursue multifamily investing full time. His company primarily focuses on multifamily investing in the Arizona markets -Tucson and Phoenix, Arizona His advice for someone wanting to start in multifamily is just to educate yourself on all things multifamily because several things can be done in multifamily. He also advises -"you've got to decide where your strengths are and what you like to do. And at that point, you can start to find a team and build a team around you, building the team to fill in for your either weaknesses or things that you don't want to do" There are 2 ways in which capital can be raised 506 b and 506c: 506b is probably the more common one because that is more of friends and family type of regulation, and 506c is for accredited investors. The way an active investor chooses to raise capital should be based on his network and can be either. Time management was the hardest thing that he had to learn when he first left his W2 because in a W2 job you have a defined deadline, and as an entrepreneur, you do what you want to do and every decision that you make, will have an effect on your bottom line His number one book recommendation for multifamily investing is the Best apartment syndication book, by Joe Fairless. The quotes he lives by are: You're three feet from gold. That's another book that I love three feet from gold, which is basically don't stop digging when you're just three feet from gold. A lot of people give up right there when they're at the end. So don't stop there. As an entrepreneur, or just in life in general, you're always faced with challenges, and just know, if you keep going and keep plugging away, you really are only two millimeters away.  Financial freedom to him is just really living life on his own terms.   Contact Info:https://www.aptcapitalgroup.com/

Sonya Rocvil is the Principal and Founder of Bedrock Real Estate Investors, a privately-owned real estate company, specializing in the acquisitions and asset management of multifamily apartments in the US. With over 15 years of experience within the financial services industry, she has syndicated multifamily deals totaling 374 units, valued at $18.6m and has been an equity partner in 438 units , valued at $28.7m. Sonya began her career as an auditor and later transitioned to finance at a Fortune 500 Company. She is an Adjunct Instructor for the NYU School of Professional Studies and serves as Treasurer of the Council of Urban Real Estate.  She is also a graduate of Project REAP (Real Estate Associate Program). Sonya is a Certified Public Accountant and Licensed Real Estate Agent in the State of New York.   Contact Info:https://www.bedrockreinvestors.com Key Point Summary  Sonya pursued a career in accounting as one of her mentor's suggested that it is the language of business. She was in an audit career and knew she didn't want to be a partner at the firm, which meant she would have to leave at some point. She then found a great role at a Fortune 500 company and switched After working a few years at the fortune 500 company, Sonya and her team got laid off after which Sonya joined a mentorship program with a real estate investment group. She was then asked to pick a strategy to focus on because there are so many things to do in real estate, one could do single family,  fix and flips,  buy and hold, wholesale. In one of the meetings held by her mentor, she came across multifamily investments What she thought was really interesting about multifamily was the economies of scale. She was having a hard time with the single families, especially in New York, since prices are high, and then when you invest and buying that one house, and then you know that one resident leaves, and then there's no income because that one person left. She invested passively in deals before getting into active investing. Through her passive investments, she was able to also learn about that market and this also gave her more credibility with brokers as she has some deals her portfolio as a passive investor, an equity partner Through her real estate investment group she found her joint venture partner and syndicated a deal in  Atlanta. She suggests another very critical step in the process of active investing - if you're going to be investing in a property that's not in your state or not close to where you live to be self-managing, you need to find a property manager, and you have to have a property manager that you can work with. And this is absolutely critical. Because there's one thing in finding the deal, but you have to make sure that you're able to keep your deal. And you have to have the right manager in place to do that. For active investors, she suggests starting talking to, research the property managers once you are interested in a market. So that's even before you find the deal She says what keeps her motivated is really thinking about her family and thinking about what she wants to pass down to them. In her words" I can't pass down my licenses to them or like degrees to them, but I can pass down properties, I can pass down businesses. So that's what I think about in terms of how do I help my next generation and the generation after " Focus on generational wealth and being able to pass down businesses.  In her opinion Freedom and financial freedom- it's really about managing your mindset. In her words "One&

Neal Bawa is a technologist who is universally known in the real estate circles as the Mad Scientist of Multifamily. Besides being one of the most in-demand speakers in commercial real estate, he is a data guru, a process freak, and an outsourcing expert. Neal treats his $250+ million-dollar multifamily portfolio as an ongoing experiment in efficiency and optimization. The Mad Scientist lives by two mantras. His first mantra is that we can only manage what we can measure. His second mantra is that Data beats gut feel by a million miles. Neal serves as the CEO  at Grocapitus, a data-driven commercial real estate investment company, and  MultifamilyU, an apartment investing education company. He is a top-rated, in-demand presenter at conferences across the country and been featured in over 50 top-rated podcasts and radio shows.Contact Info:https://grocapitus.comAs a child Neal Bawa loved numbers and solved complex math problems in his head.  When he became Chief Operations Officer of the company that he was working for, he was extremely math and data-driven. He learned that the path of data was always the right path. It's something that he is schooled in, has a degree in that area,  a computer science degree.When he started in the Real estate business he used the same passion for numbers in different scenarios, and basically tried to make optimizations to the bottom line or net profit.He believes that numbers prove people wrong all the time, especially very experienced people that start going by their gut feel, and that's when they go wrong.He developed a system that allowed people to figure out the best cities and neighborhoods in the United States, It's called Real focus and is on Udemy- this system kind of got him notoriety and he wasn't a real estate guy then.  But he was having fun with numbers and people started inviting him to conferences and meetups and online. And it sort of just snowballed and before he knew it -he had this enormous database.Neal mentioned he loves teaching. He comes from a family of educators and did the same with Real estate, where he started educating others He says that to him the path to becoming successful goes towards one moving towards financial independence, whether you do that through stocks or coin, or real estate doesn't really matter. He thinks what is important is that every person who wants lasting happiness needs to start in some tiny way towards financial independence.He also thinks that most people don't understand happiness lies in financial freedom and it doesn't matter if you make half a million dollars as a technologist or a million dollars as a doctor, you are not independent, you don't have freedom.  It's still a gold cage. A million-dollar doctor and a $25,000 a year receptionist are in the same exact cage. He thinks that the key to freedom, the key to growth is understanding that there's no difference in the cage.

Sandhya Seshadri has Bachelors and Masters in Electrical engineering and worked at TI for over 14 years in various technical, management and marketing roles with revenues in excess of 80million dollars and budgets of 28million. She acquired an MBA from SMU and started investing in stocks and built a portfolio that has allowed her to retire early, she diversified into commercial real estate in 2018 and has passively invested in 4000 doors and syndicated 3 deals.Contact Info:https://multifamily4you.comReal estate was Sandhya's third career, after a successful career in tech, stock markets. She was always interested in real estate but didn't want to deal with tenant's toilets and trash, which is what she thought single-family rentals were all about.Sandhya wanted a career where she could make an impact on lives and multifamily investments were a good fit.Real estate funds are illiquid,  money gets locked for three to five years and investors should keep this in mind. She sticks to deals in her local area because  that's her biggest strength when raising funds- as she feels confident about all the factors that influence the dealHer recommendation to passive investors is to make sure the people you invest with understand asset management. pick operators who are based in that target market. Someone who has skin in the game and who will stay with the deal long termIn the COVID-19 market, the primary goal for active investors according to her should be to avoid delinquencies and  have a form of getting paid through assisted programs and rental insuranceIdentify  your monetary targets, and  the financial gaps to pick the right investments to be able to transition out of a W2 job and jot down goals -yearly goals Questions passive investors should be asking sponsors: Are you the person signing on the loan, do you have money left in the deal after closing and taking the acquisition feeOne thing that helped her succeed was persistence, just never giving up. And if one way that someone else has done it doesn't work for you, find your own way, Blaze your own trail, make your own trail, don't have to follow somebody else's road. But persistence, how badly you want it will determine how hard and how smart you work for itThere is no substitute for hard work and working smartly. So you have to do both. Make sure your goals are broken down, make a vision board and have accountability partners.Make sure your goals are SMART -Specific, measurable, achievable, realistic and there is a time limit

Antoine Martel is a 25-year-old real estate investor from Toronto, Canada. While still in college Antoine learned about real estate investing and knew it was his calling. From his dorm room, he completed his first BRRRR(Buy, Rehab, Rent, Refinance, Repeat)  He did this project out of state with his father's $40,000. Since then Antoine and his family have completed over 200 real estate projects and currently have a $14M real estate portfolio. They have also helped create $50,000/mo of cash flow for their clients of MartelTurnkey.com.He bought his first property in Memphis virtually after making 250 phone calls to realtors, property managers and then found his dream team of the realtor, contractor, and property manager. Through this great partnership, he was able to continue to grow his business without relocatingTo research the market he recommends  bls.gov, the Census Bureau, Forbes, looking at who the major employers are, the diversity of that workforce, population growth, job growth, all these different kinds of things that you look at, to choose the market in a macro sense. For the microdata he looks at owner-occupancy rates, the rent to value ratios, the crime rates, and so kind of a lot of research. If, if a market doesn't make sense on the macro, it's not going to  make sense for on  the micro sideFrom the experience he shared -calculated risk backed by data, along with networking and being persistent were the reasons for his successAntoine is also very popular on Instagram because of his engaging content and is an inspiration to all the young folks getting out of college to start a business in Real estateHe recommends that the  real estate path and strategy you decide to go with should be based  on your resources than just trying to follow someoneThe earlier you start in real estate the better, start building up your real estate portfolio wherever you are right now 

Ryan Gibson is the CIO and co-founder of Spartan investment group Ryan's company owns and operates self-storage facilities throughout the United States, where Ryan is responsible for investor relations and raises capital from investors for projectsToday Spartan has raised 25million in private equity and has over 4000 units in self-storage under managementHe also has a career in aviation and graduated with a Bachelor's degree in Business and Masters in Marketing, management, and advertisinghttps://spartan-investors.com/Key pointsIn this episode, Ryan and Manasa talk about Self storage as an asset class and deep dive into the details about investing in self-storage Ryan and his team found storage was an asset class that was truly recession-resistant and could stand the test of time. They didn't want to outsource anything, they wanted to have control of the entire pipeline of everything. To be able to find it, find it, finish it, operate it all the way through and self-storage was the asset class that fit that requirementCrime stats don't have any influence on this asset class and the returns are very similar to multifamilyBefore investing in a deal make sure the operator performed a demand study and that the business plan can be executed based on that demand and competitors studyHe emphasizes the importance of having a great team  to succeedFinancial freedom, to him, means being able to lose everything you have, right now, but being able to build it all back, because you possess the skills and the knowledge to do it again. So, the real freedom is in knowing you possess the skill, experience to build it all backAlthough it's kind of cliche to say the best investment you can make is in yourself, it is indeed true.

Monick Halm is the founder of real estate investor goddesses that aims to help women achieve financial freedom through real estate. She abandoned her career as an attorney, and now has more than 14 years of experience as a real estate investor, syndicator, and developer. Today Monick and her husband, Peter, own more than 1300 rental units in six states. She's a best-selling author, podcast host, real estate strategy mentor, interior designer, world traveler, and the mother of three kids.https://www.realestateinvestorgoddesses.com/Key Point Summary Turning adversity in  life to make an opportunity from it was the start of her path to BYOB When it comes to investing be people first, in terms of finding things that match investors, versus finding investors to match deals Work with the best, they won't cost you money, they'll make you money The feminine way of investing- it's more intuitive, flowing, sisterhood based pleasure-based. Being feminine way is not a no pain, no gain approach. Just hard work- that's very masculine. Feminine way-It's cooperative, non-competitive.  She was inspired by the cash flow quadrant to move from an Employee to having a business, check out Cash flow quadrant if you haven't heard about it Industrial asset class has performed well because of a lot of things going online and the need for warehouses Get to a point where your passive income equals or exceeds your expense Understand that you don't have to trade time for money Once you have financial freedom- you get to be the woman you want to be the mom you want to be the person you want to be. Focus on your zone of genius and control your energy

James Kandasamy is a bestselling author and award-winning multifamily syndicator.  Since establishing Achieve Investment Group, LLC in 2015 James has syndicated 9 large apartment complexes, totaling 1700 units and grown his portfolio to $160M+.  In addition, he holds the prestigious CCIM designation as well. With over 6 years of experience in real estate and more than 4 years in multifamily acquisitions and asset management, James harnesses his experience and drive to offer clients firsthand, vertically integrated services in multifamily investment, finding off-market deals, asset, construction, and property management. Achieve Investment Group prides in their ability to find value add deals by using off-market strategies. This skill, coupled with and strong underwriting skills, enables them to be a sharpshooter in finding under-performing assets and turning them Contact Details:https://achieveinvestmentgroup.com

Hey, Welcome to the very first episode of the Real path to BYOB. In this episode, I want to share a little bit about myself to give you a better idea about who I am and what prompted me to start this podcast. I am a computer engineer - came to the USA in 2008 to get my Masters in Electrical and computer engineering, this was the time when I learned not just the technical stuff in grad school but about life - being independent, paying bills.I guess some of you all listening can relate to this the first time out of the house and country and you are becoming super responsible, working a part-time job, hustling through course work, and managing everything without family around -definitely a huge learning curve on being independent. After grad school, I landed my first job opportunity in Austin and stayed back in The silicon hills area which is what it's called because of all the tech companies. The bay area is referred to by silicon valley and Austin is here is called Silicon hills.  After grad school - Switching from a part-time job in grad school to a full-time cushy job felt great !!! My job helped me  - pay off student loans, get my first car, my first new home - omg what a wonderful feeling, couldn't have been possible without having a job. Over the years, I must admit I definitely loved the pay raises and started raising my standard of living- more spending, more traveling until it struck me that I am now more dependent on my job than ever -that idea doesn't sit well with me.  For instance, just as an example - as a student when I first came -I  needed less than a 1000$ a month to get buy and had minimum necessities but now with a house mortgage, car, subscriptions, etc --- my bills are so much more which make me more dependent on my job than ever.  So, I just feel like I have golden handcuffs. Now you might be wondering- golden handcuff?  why and what does that meanHandcuffs typically signify bondage which to me is the dependency of someone on a job to earn their living, and I have come to think of my job as golden handcuffs because my job owns my time. It sure pays me well but my whole life revolves around it - starting from when I wake up to plan my vacations, spend time with family, - you name it, everything revolves around the job Time is the most precious commodity, time is life!!! being a math nerd - when I looked at how my time was used - this is what I figured- out of 24 hrs - if I spend 8 hrs (optimal scenario) -12 hrs that translates roughly to 33 to 50% of my time , in other words, my life Since time is life It almost feels like I worked hard my whole life for good grades in schools and ended up here only to be trade-off time for a paycheck. I like my job and enjoy working but I don't like the dependency on it, I don't want to wait till 65 to retire and then own my time.I definitely want more control over my time and I want it sooner than later - the answer to this was financial freedom. Financial freedom is when one doesn't have to trade time to make a living or when one has enough passive income to meet their living expenses.So financial freedom through passive income was my answer. This prompted me to start looking at other ways I can replace my income - I dabbled with stocks first- took a course on day trading, swing trading- and looking at patterns - the volatility of the markets stressed me out and this didn't seem like a good way for me to make income, it still needed my time and active focus.I always had a passion for real estate, loved looking at flips, new homes, design, and investing. I started reading and educating myself more about real estate and whenever I had free time would endlessly browse for investment properties like an addiction- soon I invested in Single-family homes, got my realtor license, and wanted to diversify more and that'

Coming soon..