POPULARITY
3 episodes with 350mm
2 episodes with 350mm
2 episodes with 350mm
2 episodes with 350mm
Most people lose money in real estate syndications for one reason: they don't know how to properly vet a deal.In this episode, I sit down with Hans Box to unpack the exact questions savvy investors should ask before wiring funds to a sponsor.Hans is the Co-Founder of Box Wilson Equity, which has invested has invested $95MM+ in equity across various asset classes, including multifamily, self-storage, mobile home parks, distressed debt, office, and preferred equity. And he's personally been involved in the acquisition, investment, and management of over $350MM in multifamily and self-storage assets.Together, we break down how to assess risk, spot red flags in offering documents, and why alignment, transparency, and track record matter more than hype or projected returns.Whether you're considering your first deal or refining your due diligence process, this conversation will help you make smarter, safer investment decisions in the world of syndications. In this episode, you'll learn: 1.) The #1 reason investors lose money in syndications—and how to avoid it by reverse-engineering a deal's risk through the capital stack, pro forma, loan terms, and sensitivity analysis. 2.) Why “projected returns” are a trap—and what smart investors look at instead, including sponsor alignment, track record, deal structure, and the questions that reveal the truth before you wire a dollar. 3.) The hidden red flags most investors miss inside the fine print, from manager replacement clauses to preferred equity terms—and how reading between the lines of the PPM could save you from disaster.Show Notes: LifestyleInvestor.com/233Tax Strategy MasterclassIf you're interested in learning more about Tax Strategy and how YOU can apply 28 of the best, most effective strategies right away, check out our BRAND NEW Tax Strategy Masterclass: www.lifestyleinvestor.com/taxStrategy Session For a limited time, my team is hosting free, personalized consultation calls to learn more about your goals and determine which of our courses or masterminds will get you to the next level. To book your free session, visit LifestyleInvestor.com/consultationThe Lifestyle Investor InsiderJoin The Lifestyle Investor Insider, our brand new AI - curated newsletter - FREE for all podcast listeners for a limited time: www.lifestyleinvestor.com/insiderRate & ReviewIf you enjoyed today's episode of The Lifestyle Investor, hit the subscribe button on Apple Podcasts, Spotify, or wherever you listen, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review.Connect with Justin DonaldFacebookYouTubeInstagramLinkedInTwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Pandora es una marca de joyas inmensa. Con una facturación de más de 3.700 millones de euros a nivel mundial en 2023 de los cuales 750 millones, el 20%, es a través de su web. Tenemos la fortuna de poder decir que su Senior Vice President de Marketing, el responsable del Go to Market a nivel global es español. Raúl Duque, tras casi 20 años en Procter & Gamble en Suiza, ahora vive a saltos entre Madrid y Copenhague, donde están los headquarters de Pandora. Con él quiero hablar sobre: por qué mover una empresa más hacia la marca que al producto, como está haciendo con Pandora; cómo se organiza un equipo de marketing de 350 personas, cómo se gestiona un presupuesto de más de 300 millones de euros en marketing al año. Por lo que sea… no he tenido oportunidad de sufrir ese problema… cómo se integra en una empresa tan grande una cultura tan avanzada de experimentación como para llevar a cabo más de 250 experimentos de growth al año. No puedes perderte este entrevistón en el que a pesar de la categoría de su cargo Raúl Duque demuestra un control y un nivel de conocimiento de digital impresionante. Enlaces de interés: [Beloved sponsor] Siteground: https://www.siteground.com/?mktafcode=008646990f4d268746bdb1eaf111725c?utm_source=MKT4Ecomm&utm_medium=referral&utm_content=podcast
AI 熱潮持續，且聯準會正式開啟降息循環，甚至剛出爐的美國總統大選結果，都將影響你的股債市佈局！ 本集知識點特輯，特別邀請 Marra 草莓老大上節目，聊聊美股投資實際上該怎麼操作與追蹤？還有哪些工具方法可以讓我們更快上手！
Venture Unlocked: The playbook for venture capital managers.
Follow me @samirkaji for my thoughts on the venture market, with a focus on the continued evolution of the VC landscape.Today I'm excited to speak with the founding team of Chemistry, a new venture firm led by Kristina Shen, Ethan Kurzweil, and Mark Goldberg, who recently spun-out of blue chip firms Andreessen Horowitz, Bessemer, and Index Ventures, respectively. The firm just announced a significantly oversubscribed $350MM debut fund. As a new entrant to the market (in the toughest time to start a new firm in over a decade), I wanted to ask them about their blueprint for building a firm, including how they chose to partner up and the work they did beforehand, LP strategies and selection, and what they felt was their unique reason to exist in a highly competitive market. About Kristina ShenKristina Shen is Co-Founder and Managing Partner at Chemistry Ventures, overseeing a $350M fund focused on early-stage software investments. Formerly a General Partner at Andreessen Horowitz (2019-2024), she led significant investments in Mux, Pave, Wrapbook, and Rutter. Kristina specialized in high-growth startups.She began her venture career as a Partner at Bessemer Venture Partners (2013-2019), working with companies such as Gainsight, Instructure, and ServiceTitan. Previously, she worked in investment banking at Goldman Sachs and Credit Suisse, focusing on technology sectors.About Mark GoldbergMark Goldberg is Co-Founder and Managing Partner at Chemistry Ventures since, investing in seed and Series A software startups. Previously, a Partner at Index Ventures (2015-2023), he worked with companies such as Plaid, Pilot, Intercom, and Motive, establishing a strong fintech and software portfolio.Prior to Index, Mark worked at Dropbox in Business Strategy & Operations and Strategic Finance (2013-2015), where he contributed to growth strategies during Dropbox's scaling phase.He started his career as an Analyst at Morgan Stanley (2007-2010) before joining Hudson Clean Energy as a Senior Associate. Mark holds an AB in International Relations from Brown University.About Ethan KurzweilEthan Kurzweil is Co-Founder and Managing Partner at Chemistry Ventures, leading investments at the seed stage for tech-driven startups. He also serves as a board member for companies like Intercom and LaunchDarkly.Previously, Ethan was a Partner at Bessemer Venture Partners (2008-2024), where he worked with companies such as HashiCorp, Twilio, and Twitch. His focus on software and digital platforms spanned roles as board member and investor, contributing to significant IPOs and acquisitions.Early in his career, Ethan worked in business development at Linden Lab (creators of Second Life) and served as a Senior Manager in the CEO's Office at Dow Jones. He holds an MBA from Harvard Business School and an AB in Economics from Stanford University.In this episode, we discuss:* (01:43): Importance of Team Chemistry and Partnership Formation* (03:27): Challenges of Building a Firm in the Current Environment* (08:00): Unique Value Proposition for Early-Stage Founders* (10:18): Early-Stage Focus and Differentiation from Large VC Firms* (16:12): Fundraising Insights and LP Relationship Building* (19:00): Choosing Aligned LPs and Targeting Long-Term Partnerships* (27:23): Single-Trigger Investment Decision-Making Model* (30:12): Balancing Conviction with Collaborative Feedback* (35:23): Independent Decision-Making for Follow-On Investments* (39:19): Personal Contrarian Beliefs about the Venture Industry* (42:18): Closing Remarks on Building a New Venture FranchiseI'd love to know what you took away from this conversation with Kristina, Mark, and Ethan. Follow me @SamirKaji and give me your insights and questions with the hashtag #ventureunlocked. If you'd like to be considered as a guest or have someone you'd like to hear from (GP or LP), drop me a direct message on Twitter.Podcast Production support provided by Agent Bee This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit ventureunlocked.substack.com
「岩手・久慈市で350mmの記録的大雨 台風5号まもなく東北上陸」 台風5号の影響で、岩手・久慈市ではすでに記録的な大雨になっています。台風5号は、12日午前6時現在、東北地方の東の海上にあり、まもなく岩手県または宮城県に上陸し、その後、東北地方を横断する見込みです。岩手・久慈市下戸鎖では349.5mm、久慈市山形では204mmの雨が降り、ともに8月の観測史上1位となるなど、すでに記録的な大雨になっています。岩手県内の小本川などでは、氾濫危険水位に達しているところもあり注意が必要です。また、岩手県・宮城県・青森県では、これから午前中にかけて線状降水帯が発生するおそれがあります。災害発生の危険度が急激に高まる可能性があり、厳重な警戒が必要です。このあと予想される最大瞬間風速は、東北で35メートルとなっていて、非常に強い風が吹くおそれがあり、車の横転や倒木に注意が必要です。この台風の影響で、空の便では東北発着を中心に、あわせて86便の欠航が決まっています。最新の情報にご注意ください。
Why listen to our interview with Shannon Robnett:Has over 25 years of experience, Shannon has been involved from start to finish on over $350MM in construction projects such as multi-family, professional office buildings to city halls, fire and police stations, schools, industrial projects, and mini storage. Along with his knowledgeable team at Shannon Robnett Industries (SRI), Shannon is dedicated to sharing his expertise and delivering top-quality projects that bring numerous passive income streams to his syndicate partners."A more intelligent investor creates a better investment market." - Shannon Robnettand more see below
Get ready to unlock the vault of real estate success with AJ Osborne of Cedar Creek Capital, exclusively on Real Estate Disruptors! Join us as AJ spills the beans on his remarkable journey to acquiring a whopping $350MM in self storage investments. From savvy strategies... The post How I've Acquired $350MM in Self Storage appeared first on Real Estate Disruptors.
Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee and listen to the Daily Compliance News. All from the Compliance Podcast Network. Each day, we consider four stories from the business world: compliance, ethics, risk management, leadership, or general interest for the compliance professional. In today's edition of Daily Compliance News: More CFOs are becoming CEOs. (FT) JPMorgan fined $350MM. (Reuters) Accountability and corruption in South Sudan. (State Dept. Press Release) The Swiss bank settles sanctions violations. (WSJ) For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here. Learn more about your ad choices. Visit megaphone.fm/adchoices
With over 25 years of experience, Shannon has been involved from start to finish on over $350MM in construction projects such as multi-family, professional office buildings to city halls, fire and police stations, schools, industrial projects and mini storage. Along with his knowledgeable team at Shannon Robnett Industries (SRI), Shannon is dedicated to sharing his expertise and delivering top-quality projects that bring numerous passive income streams to his syndicate partners. "A more intelligent investor creates a better investment market." - Shannon Robnett What You Will Learn: Who is Shannon Robnet? How did he start his career in the Real estate industry? Real estate is a game of patience. Always work with investors because they always invest. Is there anything he's aware of now regarding tax incentivizing investing in projects? Are there certain areas that he is focusing on? It's an important part of any successful strategy as you do have to be strategic. Shannon shares how everyone can contact him. Additional Resources from Shannon Robnet: Website: https://shannonrobnett.com/ Phone: +1 (208) 284-7889 Email: shannonrobnett@gmail.com LinkedIn: https://www.linkedin.com/in/shannonrobnett/ Facebook: https://www.facebook.com/shannon.robnett.1 Instagram: https://www.instagram.com/shannonrayrobnett/ YouTube https://youtu.be/67Sse7xlSF4 Attention Investors and Agents Are you looking to grow your business? Need to connect with aggressive like-minded people like yourself? We have all the right tools, knowledge, and coaching to positively effect your bottom line. Visit:http://globalinvestoragent.com/join-gia-team to see what we can offer and to schedule your FREE consultation! Our NEW book is out...order yours NOW! Global Investor Agent: How Do You Thrive Not Just Survive in a Market Shift? Get your copy here: https://amzn.to/3SV0khX HEY! You should be in class this coming Monday (MNL). It's Free and packed with actions you should take now! Here's the link to register: https://us02web.zoom.us/webinar/register/WN_sNMjT-5DTIakCFO2ronDCg
How advantageous and sustainable is it to invest internationally? Let's look at what attracted Brent Ritchie to invest outside Canada, how he keeps scaling and growing his investments in the US, and some steps he had to take from acquiring to operating his properties. Jump into this episode and start overcoming your fear of doing the same strategy!Key Points & Relevant TopicsHow to overcome fears of pursuing the path and things you want in lifeWhy Brent chose to invest in the US while living and working in CanadaSteps investors must take when investing across international bordersNavigating the investing space in the current condition of the marketWhy operation is a crucial factor of a successful investingResources & LinksTony RobbinsApartment Syndication Due Diligence Checklist for Passive InvestorAbout Brent RitchieBrent Ritchie is the founder and President of EnRitch Investment Group Inc. Brent has over 18 years of experience in engineering, construction, and project management. His latest projects involve the ownership, management, operations, and development of apartment buildings worth over $350MM. As a professional engineer in Fortune 500 companies, his award-winning construction projects ranged from several hundred million to 3 billion internationally and are a major driver for operational excellence for all stakeholders. His design, construction, and operational experience is an invaluable asset in overseeing successful project executions. Get in Touch with BrentWebsite: Enrich InvestmentsEmail: Brent@enritchinvestments.com To Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
Today's guest is Shannon Robnett. With over 25 years of experience, Shannon has been involved from start to finish on over $350MM in construction projects such as multi-family, professional office buildings to city halls, fire and police stations, schools, industrial projects and mini storage. Along with his knowledgeable team at Shannon Robnett Industries (SRI), Shannon is dedicated to sharing his expertise and delivering top-quality projects that bring numerous passive income streams to his syndicate partners. Show summary: Robnett shares his journey from watching his parents do real estate deals to becoming a successful builder and investor himself. He discusses his strategies for cost control, market selection, and team building, emphasizing the importance of aligning goals and understanding the rental market. Robnett also reflects on the impact of the 2008 market reset and the current supply constraint in the housing market. -------------------------------------------------------------- Intro (00:00:00) Shannon Robinette's background and real estate journey (00:01:11) The Rents as the Starting Point (00:11:24) Surviving Interest Rate Hikes (00:12:19) Selecting Markets for Deals (00:13:07) -------------------------------------------------------------- Connect with Shannon: Linkedin: https://www.linkedin.com/in/shannonrobnett/ Instagram: https://www.instagram.com/shannonrayrobnett/ Facebook: https://www.facebook.com/shannon.robnett.1 Web: https://shannonrobnett.com/ Connect with Sam: I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns. Facebook: https://www.facebook.com/HowtoscaleCRE/ LinkedIn: https://www.linkedin.com/in/samwilsonhowtoscalecre/ Email me → sam@brickeninvestmentgroup.com SUBSCRIBE and LEAVE A RATING. Listen to How To Scale Commercial Real Estate Investing with Sam Wilson Apple Podcasts: https://podcasts.apple.com/us/podcast/how-to-scale-commercial-real-estate/id1539979234 Spotify: https://open.spotify.com/show/4m0NWYzSvznEIjRBFtCgEL?si=e10d8e039b99475f -------------------------------------------------------------- Want to read the full show notes of the episode? Check it out below: Shannon Robnett (00:00:00) - But the reality is, if I am the builder, I am in total cost control and my my 100% goal is the builder is to satisfy the developers investors. And so we're constantly in there negotiating pricing. We're constantly working on things. We also put the stopgap and the failsafe in there that my construction company signs a guaranteed maximum contract that I personally back up so my investors never have to worry about cost overruns. And so we're able to create the best of both worlds. Intro (00:00:30) - Welcome to the how to scale commercial real Estate show. Whether you are an active or passive investor, we'll teach you how to scale your real estate investing business into something big. Sam Wilson (00:00:43) - Shannon Robinette has been involved from start to finish on over $350 million in construction projects. Shannon, welcome to the show. Shannon Robnett (00:00:51) - Hey. Thanks, Sam. Glad to be here. Sam Wilson (00:00:53) - Absolutely, Shannon. The pleasure is mine. There are three questions I ask every guest who comes on the show. And yes, you have been on the show before, and at some point during this episode, I will figure out which episode that was and we'll make sure we highlight that out. Sam Wilson (00:01:04) - But either way, for every guest that comes to the show in 90s or less, can you tell us where did you start? Where are you now and how did you get there? Shannon Robnett (00:01:11) - Well, I started at the kitchen table with my parents watching them do real estate. From there, I grew into a merchant builder and was watching other people. I would build their buildings. They would collect the rents, the revenues. I saw how that was working. In 2001, I built my first investment property. It was an industrial project and two of my original tenants are still in the building. So it proves that the cash flow model works. 22 years later, same year, I watched my father and mother retire with cash flow and realized that real estate was the way to not only get your time freedom back, but to actually gain real wealth and time as well. And so from there, over the last three years, we began, we grew to the point where we needed to start syndicating capital and raising funds. Shannon Robnett (00:01:59) - And over the last three years, we've raised about 62, $63 million. Sam Wilson (00:02:05) - Wow. That's that's wild. Good times man. Merchant builder. I've never heard that term. Shannon Robnett (00:02:12) - Well, that's just where I go to work for other people. You've got a building that needs built. I show up, I build it, and that's my only association with the project. Sam Wilson (00:02:22) - Got it. What? When? When did you start developing or building your own? Real estate empire of cash flowing properties. Shannon Robnett (00:02:31) - I started that in 2001. Obviously, we downsized that in 2008 and started rebuilding it back in 17. Sam Wilson (00:02:40) - What happened in that period between oh eight and 17 for you? Shannon Robnett (00:02:44) - Well, we just saw, you know, we saw a huge market reset. We saw where you couldn't build a building for what you could buy one for. So we saw a huge price disparity. Housing went from, you know, I mean a house that was $1 million you'd see resold at 500. Oh, yeah. You know, as an example, my parents recently sold their house that they purchased for about 400 for 1.9 million, you know, sorry. Shannon Robnett (00:03:11) - Correction, 1.6 million, right. 15 years later. But they bought it at absolutely the bottom. And so so with that we couldn't really get there wasn't a lot of build jobs happening. There wasn't a lot of development happening. And which has led us to the problem we have today, which is a huge supply constraint where we have, you know, somewhere between 4 and 7 million housing units necessary in America today just to house the current population. Sam Wilson (00:03:36) - Right, right. So it's kind of gone full circle for you where it was. It has to build and there was lots to buy. And now there's a lot that needs to be built and maybe nothing to buy. Shannon Robnett (00:03:48) - Right, exactly. Well, you know, and the supply side is coming back online as, as people run into refinance problems, things like that, perfectly performing assets because we still have a supply disconnect. You know, we've still got supply issues out there. But at the same time we're seeing we're seeing lots of lot, a lot more product than we've seen in the last three years is coming back to market. Sam Wilson (00:04:11) - Right? Right. And it'll be interesting to see, of course, at what prices those trade based upon inflation or inflation, interest rates and capital availability. For those of you that don't know, Shannon, you show up on my YouTube feeds all the time. Not even searching for you, dude, I'm not even sure what you're doing, but I'm like, oh, there's Rob, there's there's Shannon Robinette again. So I don't know what your strategy is there, but I just had to point that out on the show. Shannon Robnett (00:04:34) - Well, it's it's basically pester you till you talk to me, you know, and it seems to be working, right. People like, how do I get off this YouTube feed? And then we get to talk about investing, right? Sam Wilson (00:04:43) - Right. Oh, that's really cool. So if you're if you're out there raising capital, go follow Shannon Rob, don't even follow him on YouTube. It just keeps showing up. So see what he does there. On his social media strategy. Sam Wilson (00:04:55) - It's pretty. It's pretty wild. So what are you building today? What makes sense in today's environment? Shannon Robnett (00:05:01) - You know a lot of what we've done. So my past my my first project was industrial. And right now industrial is one of the shining stars in the investment world. And I'll explain in a couple of seconds why. But it's it's really inflation resistant and it always has. But it's never been sexy. Right. And the reality is cap rates on industrial have always traded a couple of points higher than multifamily in any market. The other thing that you have is you've got tenants with balance sheets, tenants that are running businesses. You've got tenants that signed personal guarantees, and you've got tenants to sign five year leases on top of that triple net, which is how industrial is leased because of the long term lease. Make all of the taxes, all of the insurance, all the maintenance, all the management, you know, everything to do with the building, a pass through the tenant. So your rent is truly your rent. Shannon Robnett (00:05:59) - And as we see right now that property taxes are continuing to go up, even though the market has softened, as we see that, you know, insurance is doubling in some areas, tripling and others, this has put a huge crush on NOI in a lot of areas, except for industrial, because that is truly a pass through to the tenant. So it's really been a resilient asset class. And especially in inflationary markets like this, they perform very well. We've got a 37,000 square foot industrial warehouse that we're building for an international stone dealer in Florida right now, looking to build another 40,000ft² for an aerospace company in the Florida market. We've just acquired something in Houston, Texas that was a fully stabilized, triple net leased industrial product that needed needed some proper management and some rent escalations in the in the expiring rents. And so that's really where we've been focusing right now. We're finishing up two apartment complexes that will come to market here starting Q1 of 23. And both of those should be stabilized and and permanent financing on by by the end of next year. Sam Wilson (00:07:09) - That is a lot of moving pieces. I like what you said there about the industrial, the attributes of industrial, such as that you get to pass through all of those expenses. Of course you know that. Is incumbent upon having good tenants that can afford those increases. Shannon Robnett (00:07:26) - Yeah. You know, and the reality is, when you look at it, Sam, when you have somebody that's that's living in your apartment, they are the only way to produce the money. It is their exchange for time that gets them paid. But when you look at business owners, business owners have already figured out how to leverage, right? They have employees that leverage that. They have distribution cycles and centers that that that leverage that. And when you pass through a 15% or a 10% increase in their total rent, they just figure it out. And usually that just passes on down the line. And now what you're buying on Amazon cost you 15% more and you don't really notice it because you still need it. So there's a huge difference in what a industrial flex space user will do versus what a what a tenant will do. Shannon Robnett (00:08:16) - Because if you if you hand him a 10% rent increase, he's got to go give 10% more time that he's already giving 40 or 50 hours to provide what he's got. And he's also dealing with inflationary prices of chicken and fuel and everything else out there that's gone up two and three times. Sam Wilson (00:08:33) - That's a really clear explanation that I probably would not have articulated as well. That's awesome, I love that, and that makes a heck of a lot of sense. You got two complexes you're finishing up. Are you building any more multifamily complexes or is that. Shannon Robnett (00:08:48) - You know, we've got a couple on the books that right now, current interest rates versus rent rates have held us off. But I think that you're going to see there's not enough product out there. There's a glut of it kind of hitting the market right now and stuff that was begin that was began in 22 and 23 or 20, 21 and 22. So you're seeing some of that where you're seeing some some price softening a little bit, but we're really not seeing occupancy shift much. Shannon Robnett (00:09:17) - And so we think we're going to bring those projects back to the drawing board in probably the second or third quarter of 24. Sam Wilson (00:09:24) - Got it, got it. Cool. Love this. Shannon I like the way you're unique in that. You're both some. Shannon Robnett (00:09:33) - People do and some people don't, you know. Sam Wilson (00:09:35) - What do you mean like like how you. Shannon Robnett (00:09:37) - Like the uniqueness. Yes. Sam Wilson (00:09:39) - Right. Yeah. You're unique. Like never I don't know, could probably. Shannon Robnett (00:09:43) - I even like the way you put it. I'm unique. Other people use different words. Sam Wilson (00:09:48) - A pain in the anyway neck. Shannon Robnett (00:09:51) - Yeah. Yeah. Exactly. Exactly. Sam Wilson (00:09:53) - Right. So, man, I don't even know where I was going with this. Oh. You're unique, I was here, I was here making you feel good about yourself. You're unique in the way that you guys syndicate your assets in that generally, the builder isn't also the syndicator, right? Right, right. Tell me about that model, how it works and what are some of the maybe benefits and complications of it? Shannon Robnett (00:10:18) - Well, let's talk about it from the investor's perspective, right? I mean, if if I'm going to build something for you, then I'm going to have my price and then you're going to have yours. Shannon Robnett (00:10:28) - And there is there's going to be this battle between you and me for me to make as much money as possible and for you to get it's done as cheap as possible. That's where change orders come in. And they can really play havoc on your project, right? Yes. But the reality is, if I am the builder, I am in total cost control. And my my 100% goal is the builder is to satisfy the developers, investors. And so we're constantly in there negotiating pricing. We're constantly working on things. We also put the stopgap and the failsafe in there that my construction company signs a guaranteed maximum contract that I personally back up so my investors never have to worry about cost overruns. And so we're able to create the best of both worlds. Not everybody loves that model, because if something happens to me, something also happens to the syndicator. And so, you know, there is there is some of that, but a nice insurance policy, make sure that the right people will be hired to take my place. Shannon Robnett (00:11:24) - Not enough that it makes me a target, but enough that it makes me, you know, expendable with the replacement. So so there's some of that that we've managed to do. But the other thing that we do, Sam, and when we start our process, we start a process with the rents. We want to know what the rents are in the area. And then we build our total model backwards so we're not buying something going, hey, the NOI is $500,000 a year. What can we do to increase that? I look at it and go, I'm going to get an NOI of 500,000 a year. It's going to allow me to build only this much. And so then we build the budget backwards. Know that when we're done, we've got a cost model that will work so that we can execute on the business plan. Once we've done that, if rents have gone up like they have on these two complexes that we're looking at, we're able to survive the interest rate hikes, which we also modeled at 7.5% on our take out loans for conservative nature. Shannon Robnett (00:12:19) - So we're able to come through it with 2 or $300 better rents than what we're projected ahead of the game and finance that where we wanted to. Sam Wilson (00:12:27) - That's awesome. I love that, and I think that's that's really it's just a unique product that you're bringing to the market where you can handle both, both sides of that. So you're finishing up two complexes. I know one of those is at least there in the Boise market as the other one also there. Shannon Robnett (00:12:45) - And the both of them, both of them are here in the Boise market. Yeah. Sam Wilson (00:12:47) - Boise market okay. But you also mentioned that you guys have some assets you're taking down in Houston, some you're taking down in the Florida markets. You're kind of all over the country now. Shannon Robnett (00:12:57) - Well, you know, and what we look at to with that, Sam, is we look at the market first. Right? I mean, there's a lot of people that you've met that they look like a fly in a cow pasture. They're running here, they're running. Shannon Robnett (00:13:07) - They're they're going here, they're going there, and they underwrite this thing. And man, what a magical product it is. It's I mean, it's got the cash flow. It's got everything. And then they go look at the market and they realize that the market isn't an appreciation market or it's not a growth market. There's there's not a lot of upside potential there. And so then they realize, well, I can't do this deal because it doesn't fit my buy box. Right. And what we've really done is we've looked at it and there's eight markets across the nation that. We will do deals in and only those eight. And so when we're looking at things, if it doesn't fit in that market, we've already eliminated a huge swath of what comes across my desk because we want to be in markets, we want to do a good deal in a great market, then a great deal in a good market. And the reality to that is just simply this, Sam, there's only so much you can do to improve the value of the product that you're working with. Shannon Robnett (00:13:58) - There's a lot of things that are external factors like taxes, like politics, like job growth, like people moving in and out of the area that you cannot control. But why would you want to do a great deal? I mean, we're talking a 12 cap. We're talking about owner financing. We're talking about everything that makes every syndicator salivate right in Detroit. Right. So. But you chase this deal down and then you realize the market. So we start market first. Once we've identified those markets, it helps us to be coordinated in our efforts. So while it does look like we're in four different markets across the nation moving into three more, they're very select markets. And then we go in and acquire multiple assets in that area so that we have a concentration in the area. Sam Wilson (00:14:43) - How do you build team and manage each of those? I'll just stop the question there. Think how does that work. Shannon Robnett (00:14:52) - Well, you know, my 30 years in construction experience has really helped me to identify when we're going out of out of state for construction projects, I will go hire a local general contractor, but I will put him through the same process that puts him on my team. Shannon Robnett (00:15:08) - Right. So we've got a general contractor in Florida that's doing that deal, and I have set up a revenue share with him where every day that he saves me, I will give him 25% of the interest that I would have paid. And I will also give him 35% of the cost savings on the overall budget. So if this contractor is now on my side, he realizes that he can make an 8% profit by giving me a change order or a 30% profit by saving me money I wasn't going to save if he didn't help me. And so I wind up with the best of both worlds. He's on my team and we go in and we start that model with conversations and get down to who is the good contractors in the area that have the great relationships, the great reputations, and then we firmly bring them on the team by making it a revenue share so they can actually make more money saving me money than giving me a change order. Sam Wilson (00:15:58) - Right? Right. Which boy? That's the that's the name of the game, isn't it? To absolutely change. Sam Wilson (00:16:04) - Change. Order the heck out of out of a deal. So you've brought the local general contractors on your team. What's that process like for you vetting another GC? I mean, you know. Shannon Robnett (00:16:17) - It reminds me of, you know, two bulls meeting in a cow pasture, you know, but but at some point you realize that, look, we're on the same team. And and when you stop and, you know, think about what my business model is, it makes the most financial sense for everyone involved. And the minute that they see that it is a win win and it's designed to be a win win, all of a sudden they're all on board because they know that regardless of what happens to this job, they're going to make money. If they can make this job go very smooth and execute ahead of schedule and under budget, they're going to be even more profitable. If this job goes long. They'll make what they were supposed to, but it won't be a win. It won't be as big a win as if they put better resources on it. Shannon Robnett (00:17:02) - So then we find them going back to their preferred plumber and going, hey, listen, we need you to work on your price a little bit because we really want to work with you on this job because we know you're not going to screw us over. We know you got the manpower, and it really helps our schedule and gets our timing down to where it needs to be. Sam Wilson (00:17:17) - Got it? No, that's really cool. What about your internal team? So we've talked a little bit about the external teams, the local general contractors and people like that you're working with around the country. But you need I mean, you guys are you're involved in a lot of different things. Developing a multi family complex is very, very different than taking down an industrial asset in Florida. Shannon Robnett (00:17:36) - Well it is and it isn't. Right. I mean, Sam, you're you're involved in different asset classes than where you started out. If I remember correct, you guys were doing a lot of RV storage and parking lots and now you're doing, you know, you're doing laundry mats and some other cash flowing assets. Shannon Robnett (00:17:53) - But, you know, 70% of the underwriting is still the same, right? 70% of the data collection is is very similar. And so when we're looking at that, we're able to take the team that we have. And this is the other thing that I have, and I would love to say this is all me. It's all the Shannon show, but that would be a total lie. I have some of the most amazing team players that are in it to win, and what I figured out how to do is to get them to see what their goals are and magnify those into their job so that they're actually achieving their personal goals while they're doing everything around here. And so they're able to see the wins all along the way, and then you really get the motivation up in the in the office, you get everybody firing on all cylinders. Everybody's willing to jump in and help each other, and you create a team culture that's pretty phenomenal. That can't happen if you're not meeting the goals of every person in here, and not all of them are money. Shannon Robnett (00:18:48) - And so putting that together and and being aware and, and reciprocating to your staff is some of the best motivation that we're going to have. And they'll not only go the extra mile, they'll run an extra marathon for you. Sam Wilson (00:19:01) - That is really powerful, what you've just described there. But that takes that takes a little bit of or a lot a bit of empathy, of awareness, of really dialing into the people that are working for you. How do you how do you balance the need to get stuff done? And the time that it takes to invest in those employees and say, hey man, like Shannon, what are you like? What's your goals? Like, where are you? Where are you? Where are you going with this? And then how do you catalog it and make sure that it kind of fits with what they're doing? Shannon Robnett (00:19:35) - Well, the first thing I do, and this is funny because it throws everybody off. If you've if you've made it through an interview and or a second interview and we want to work with you, the first or the last question I'm going to ask you is, what do you want for compensation? And compensation is all about money, right? Do you want do you want heavily? Or do you want a better insurance plan? Do you want more time off? Do you want, you know, flexibility? Do you want. Shannon Robnett (00:20:05) - What is it that motivates you? And then the next thing we do is we set out to 12 months goals of where you want to be. In that plan. So if you know, I've got I've got people that are they're all about time off. I got people that are all about flexibility. I got people that are all about money got I got people that are blended in the middle. But when they realize now that the only thing standing between them and their goals is this silly little project, it's amazing how the attitude shifts and the mindset shifts and the and the creative juices start flowing so they figure out their own problems, because that's the only thing standing in the way of them. And six weeks of vacation or them and the flexibility to work from wherever they want. Sam Wilson (00:20:50) - Bright man. That's brilliant I love that, I love that indeed. Very, very cool. Shannon, thank you for taking the time to come back on the show today. I didn't I was so enamored with our conversation, I didn't actually get to look up the episode. Sam Wilson (00:21:02) - But for those of you who want to look it up, this would be, gosh, at least two, two and a half years ago. Maybe the last time you. Yeah. Shannon Robnett (00:21:07) - It was a while ago. It was a while ago. Sam Wilson (00:21:10) - Certainly appreciate you taking the time to come on today. If our listeners want to get in touch with you and learn more about you and your projects, what's the best way to do that? Shannon Robnett (00:21:16) - Just Shannon, Rob Netcom. We keep it simple. All of our information is on our website. You get to all our social channels or YouTube, even my calendar. If you'd like to book a call and chat more about what we do and how you can be involved, it's just Shannon, Rob Netcom. Sam Wilson (00:21:29) - Shannon, Rob Netcom. We'll make sure we include that there in the show. Notes. Shannon, thank you again for your time today. I certainly appreciate it. Shannon Robnett (00:21:35) - Thank you. Sam. Sam Wilson (00:21:36) - Hey, thanks for listening to the How to Scale Commercial Real Estate podcast. Sam Wilson (00:21:40) - If you can do me a favor and subscribe and leave us a review on Apple Podcasts, Spotify, Google Podcasts. Sam Wilson (00:21:46) - Whatever platform it is you use to listen. If you can do that for us, that would be a fantastic help to the show. It helps us both attract new listeners as well as rank higher on those directories. So appreciate you listening. Thanks so much and hope to catch you on the next episode.
EP 145: Rob and Dasha Beardsley - $350MM in Acquisitions and 30%+ in Returns Since 2018 HIGHLIGHTS IN THIS EPISODE 00:00 - Intro 01:04 - Rob's Background 02:28 - Dasha's Background 05:49 - First Time Investors 09:10 - Lone Star Capital Resources 12:12 - Underwriting 14:00 - Trends 15:08 - Dallas Market 18:20 - In house Property Management / Vertical Integration 24:28 - Affordable Housing Strategy 26:28 - Mutli-Family Current Market 29:18 - Rob's Books 32:32 - Educational Resources Rob Beardsley oversees acquisitions and capital markets for the Lone Star Capital and has acquired over $365M of multifamily real estate. He has evaluated thousands of opportunities using proprietary underwriting models and published the number one book on multifamily underwriting, The Definitive Guide to Underwriting Multifamily Acquisitions. He has written over 50 articles about underwriting, deal structures, and capital markets and hosts the Capital Spotlight podcast, which is focused on interviewing institutional investors. Dasha Beardsley directs investor relations and oversees marketing for Lone Star Capital. She is responsible for coordinating Lone Star's in-person summits as well as the sponsoring of conferences around the country. Dasha graduated magna cum laude from the University of Southern California with a degree in Real Estate Development. CONNECT WITH OUR GUESTS: https://lscre.com https://www.linkedin.com/in/rob-beardsley https://www.linkedin.com/in/dashabeardsley https://instagram.com/robbeardsley3?igshid=Mzc1MmZhNjY= CONNECT WITH OUR HOST: Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @salesguyinvestor --------------------------------------------------------------------------------------------------------------------------- Follow us on social media @the.gentle.art.of.crushing.it Listen, like, subscribe, comment: http://thegentleartofcrushingit.com/
What can passive real estate investors learn from a deal gone wrong? In this episode, experienced passive real estate investor Hans Box shares the story of an early real estate deal that went south and how he and other passive investors took control to turn it around. He provides his expertise in vetting sponsors, reviewing legal documents, asset classes, markets, and more. Hans is Co-Founder of Box Wilson Equity, a firm that focuses on cash flow and value-add investments and is a Senior Director at Old Capital Lending, a top provider of commercial capital solutions in the Texas market. His background is in the accounting, business strategy consulting, and real estate industries. Hans has personally been directly involved in the acquisition, investment, and management of over $350MM in multifamily and self-storage assets, has asset managed ~3,700 multifamily units, and has been the GP in ~4,300 multifamily units and ~2,000 units of self-storage. He specializes in structuring, creating, and managing partnerships to acquire multi-million dollar cash-flowing assets. (00:00 - 7:00) Opening Segment Hans got his start in real estate investing by partnering with someone who turned out to be a poor operator. He and another passive investor led the charge to remove the sponsor and take control of a 208-unit apartment deal. By diving in to manage the property, Hans gained invaluable hands-on experience in multifamily. (7:01 - 15:00) Evaluating Operators as a Passive Investor The most important factor is finding a great operator, not just a great salesperson. Look for transparency, articulation of the business plan, and track record over 5+ years. Get references and talk to their current investors before committing capital. (15:01 - 22:00) Reviewing Legal Documents and Due Diligence Take diligent time to review PPMs and operating agreements, even if investing a relatively small amount. Consider having an attorney help walk through key clauses at first. It takes repetition to become comfortable reading and analyzing real estate legal documents. (22:01 - 27:40) Switching Asset Classes and Markets No problem expanding geographically if the operator has done their homework and due diligence. More concerned about asset class change, prefer to see domain experts on the team. But comes down to vetting the operator's overall investing philosophy and track record. (27:41 - 30:00) Closing Segment Best deal: 152-unit apartment complex in Dallas Worst deal: A hotel in Belize Top lesson learned: Take action, but start conservatively and avoid FOMO - there will always be another deal. Quotes: "A bad operator can turn a home run into a strikeout." - Hans Box "The best way to get rich is hit singles and doubles and don't lose money" - Hans Box Connect with Hans: Website: www.boxwilson.com Apply to Invest with Taylor at www.investwithtaylor.com Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com Please leave a review and help others escape Wall Street and build wealth on Main Street!
Episode Summary: On this exciting episode of the Know Your Why Podcast, we sit down with the impressive Shannon Robnett. With over 25 years of experience in the construction and development industry, Shannon shares valuable insights and lessons learned from her journey. Listen in as Shannon reveals how her childhood experiences influenced her career trajectory, the transition from corporate America to entrepreneurial life, and the critical skills needed for success. We explore the ins and outs of ground-up development and how to create solutions by understanding the needs of people and creating a budget that attracts individuals to the project. Shannon shares her experiences with multifamily and industrial projects, the process of reverse engineering projects, and the significance of establishing relationships with banks and general contractors. Also, we delve into the process of obtaining entitlements and zoning for projects and the importance of de-risking. The episode continues as we navigate the world of industrial buildings, exploring how they offer advantages to landlords, tenants, and investors. Shannon shares valuable insights about industrial tenants and multifamily tenants, their needs, budgets, and leases. As we round up the episode, Shannon expresses her passion for helping investors understand how to achieve financial freedom and the power of turning a hobby into a tax savings. Tune in for a truly enlightening conversation! Shannon's Bio: With over 25 years of experience, Shannon has been involved from start to finish on over $350MM in construction projects such as multi-family, professional office buildings to city halls, fire and police stations, schools, industrial projects and mini storage. Along with his knowledgeable team at Shannon Robnett Industries (SRI), Shannon is dedicated to sharing his expertise and delivering top-quality projects that bring numerous passive income streams to his syndicate partners. Get in touch with Shannon: Website: https://shannonrobnett.com/ Linkedin: https://www.linkedin.com/in/shannonrobnett/ Instagram: https://www.instagram.com/shannonrayrobnett/ Facebook: https://www.facebook.com/shannon.robnett.1 Episode Chapters: (0:00:00) - Know Your Why Podcast Shannon Robnett shares her experience in construction, transition from corporate to entrepreneurial life, and the skills needed to succeed. (0:09:44) - Ground-Up Development Shannon Robnett shares her experience in ground up development, creating a team, reverse engineering projects, budgeting, building relationships, and obtaining entitlements. (0:18:39) - Real Estate Development Risks and De-Risking De-risking is important, leveraging the timeline, avoiding change orders, labor and material shortages, and experience. (0:25:55) - Industrial Real Estate Leasing Advantages We examine industrial buildings, tenants, traffic patterns, multifamily tenants, leverage, and interest rates. (0:36:03) - Financial Freedom Through Education and Real Estate Helping investors achieve financial freedom, real estate investing, and networking for success. (0:41:12) - Value and Inspiration in Real Estate Turning real estate investing into tax savings to achieve financial freedom with industrial buildings and tenants. If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/ Artist: http://audionautix.com/
With over 25 years of experience, Shannon has been involved from start to finish on over $350MM in construction projects such as multi-family, professional office buildings to city halls, fire and police stations, schools, industrial projects and mini storage. Along with his knowledgeable team at Shannon Robnett Industries (SRI), Shannon is dedicated to sharing his expertise and delivering top-quality projects that bring numerous passive income streams to his syndicate partners. "A more intelligent investor creates a better investment market." - Shannon RobnettShannon is an alumnus of Real Estate Investing Abundance. You can tune in to his previous visit by going to episode 23.Main Points:Mindset will set trajectory so why do we always focus on the bad?We want excellence but why do we only focus on problemsIf we act like there is no solution to the problem why are we surprised when we don't find oneThere is no substitute for experience and good underwriting. Tell me whyHow do you see the world of Real estate over the next 24 monthsWhy are you so confident there will always be good deals out there?Why invest in Bosie?What is vertical equity?When is the right time to develop commercial investment property?Tax-Incentivized Investing for the passive investorWhere is the Economic now, and where is it going over the next 12 months Financial FreedomTokenized Real EstateWhere are the critical aspects to Closing Investment DealsConnect with Shannon Robnett:www.shannonrobnett.com/Phone: 208-291-6312info@shannonrobnett.comshannonrobnett@gmail.comPodcast: Robnett's Real Estate Rundownhttps://www.facebook.com/shannon.robnett.14/https://www.instagram.com/shannonrayrobnett/https://www.linkedin.com/in/shannonrobnett/https://www.youtube.com/@ShannonRobnetthttps://www.meetup.com/meet-the-experts-pro-tips-for-investors/
To access a FREE collection of resources, go to www.TheMaverickVault.com With today's guest, reframe your perspective on recession and all the negativities surrounding the current market condition into a season of boundless opportunities. This first episode of Passive Real Estate Investing with Mavericks features Shannon Robnett, who shares insights about sourcing industrial deals, collaborating with REALTORS®, and the key concepts for generating wealth during a financial crisis. Hop in to learn more! Key Takeaways From This Episode Ways to source industrial real estate deals in opportunity zones Why practical experience is essential in real estate investing The importance of managing your expectations on real estate deals Similarities and differences between industrial and multifamily properties How to identify good real estate deal operators The impact of the recession on the value of property investments About Shannon Robnett With over 25 years of experience, Shannon has been involved from start to finish on over $350MM in construction projects such as multi-family, professional office buildings to city halls, fire and police stations, schools, industrial projects, and mini storage. Along with his knowledgeable team at Shannon Robnett Industries (SRI), Shannon is dedicated to sharing his expertise and delivering top-quality projects that bring numerous passive income streams to his syndicate partners. Connect with Shannon Website: Shannon Robnett Industries LinkedIn: Shannon Robnett Facebook: Shannon Robnett | Shannon Robnett Industries Instagram: @shannonrayrobnett Email: connect@shannonrobnett.com Are you a passive real estate investor seeking financial freedom? Almost daily, new headlines break on the latest financial market upset. Now is the time to get educated on how to strategically invest in commercial real estate for long-term financial freedom. Grab your copy of “How to Passively Invest in a Changing Economic Environment” Go to…www.MavericksInvest.com Want to keep up to date on the commercial real estate market, trends, investing tips and know what Neil is buying right now? Connect with him at Legacy Impact Investors and be sure to register for his newsletter. Connect with Neil Timmins on LinkedIn. If there is a topic you want to know more about or a guest that you would like to see on the show, shoot Neil a message on LinkedIn. Are you an Active Investor looking to do more commercial and residential deals? Maverick Lead Machine About Neil Timmins Having completed hundreds of Fix & Flips, Wholesales, Wholetails, Novations, and Owner-Financed deals, Neil longed to quit forfeiting time for dollars. After building a portfolio of single-family rentals to produce passive income, he found the strategy to be anything but passive. Neil didn't go looking for his first commercial deal—he stumbled into it. Since then, he has refined the process of analyzing and buying commercial properties that produce stellar cash flow. Neil has been involved in over $300,000,000 in real estate transactions. While his holdings in commercial assets include apartments, offices, mobile home parks, and self-storage units, his passion is industrial property. Neil now has verticals in residential real estate, multiple commercial asset classes, brokerage, publishing, and a successful podcast. Click here to see video of the podcast.
Rob Beardsley oversees acquisitions and capital markets for the Lone Star Capital and has acquired over $365M of multifamily real estate. He has evaluated thousands of opportunities using proprietary underwriting models and published the number one book on multifamily underwriting, The Definitive Guide to Underwriting Multifamily Acquisitions. He has written over 50 articles about underwriting, deal structures, and capital markets and hosts the Capital Spotlight podcast, which is focused on interviewing institutional investors. Dasha Beardsley directs investor relations and oversees marketing for Lone Star Capital. She is responsible for coordinating Lone Star's in-person summits as well as the sponsoring of conferences around the country. Dasha graduated magna cum laude from the University of Southern California with a degree in Real Estate Development. CONNECT WITH OUR GUESTS: https://lscre.com https://www.linkedin.com/in/rob-beardsley https://www.linkedin.com/in/dashabeardsley https://instagram.com/robbeardsley3?igshid=Mzc1MmZhNjY= CONNECT WITH OUR HOST: Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @salesguyinvestor --------------------------------------------------------------------------------------------------------------------------- Follow us on social media @the.gentle.art.of.crushing.it Listen, like, subscribe, comment: http://thegentleartofcrushingit.com/
Manny Machado extends for $350MM; Dame Lillard goes off for 71 points; Chris Kirk wins the last Honda Classic by hitting 90 yard lob wedge to 1 foot; Bucks, Celtics, Nuggets, 76ers and Suns are The ATHLETIC's Contenders in the NBA and the Bucks valuation has grown from $550MM to $3.5B in 8 years.
Marshall Sykes & Neftali Palma talk about what skill to master when starting out and why it will affect your career, along with some ideas on how to find your market. Join our multifamily investing community for FREE for in-depth courses and live networking with like-minded apartment investors at the Tribe of TitansLink to subscribe to YouTube channel: https://tinyurl.com/SubYouTubeDiaryPodcastApple Podcasts: https://tinyurl.com/AppleDiaryPodcast Spotify: https://tinyurl.com/SpotDiaryPodcast Google Podcasts: https://tinyurl.com/GoogleDiaryPodcast Follow us on:Facebook: https://www.facebook.com/DiaryAptInv/ Twitter: https://twitter.com/Diary_Apt_Inv Instagram: https://www.instagram.com/diary_of_an_apartment_investor This episode originally aired on December 19, 2022----Your host, Brian Briscoe, has been a general partner in 655 units worth $50 million and has been lead sponsor, asset manager, capital raiser, and key principal on these properties. He has developed a multifamily education community called the Tribe of Titans that helps aspiring investors learn the game, network with other like-minded professionals, and get their apartment investing business to the next level. He is founder of Streamline Capital Group, which will continue to acquire multifamily assets well into the future. He retired as a Lieutenant Colonel in the United States Marine Corps in 2021.Connect with him on LinkedIn----Marshall SykesMarshall Sykes is the founder and President of Capitano Investing Group, an investment firm focused on multifamily real estate. He is a real estate investor and entrepreneur at heart, having grown up in a development family. He is a General Partner in 2700+ multifamily units across 15 multifamily properties valued at over $350MM. He has also owned single family rental properties for over 20 years. In addition to being a licensed Professional Engineer, he had a 30+ year career in construction, project management, and facilities asset management. He served 24 years in the U.S. Navy Civil Engineer Corps retiring as a Captain and had a second career with ExxonMobil Global Projects Company.Learn more about him at: https://bit.ly/3V7H2XKhttps://bit.ly/3YsTlRz----Neftali PalmaMy name is Neftali Palma, I'm originally from El Salvador, I decided to come to the USA about 9 years ago because the situation in my country wasn't the best. I started working in construction in Los Angeles CA, remodeling houses and fixing apartments for rent with my brother, we did some SFH flips they didn't go very well, in 2016 I started learning how to invest in stocks, futures and crypto, I've been actively investing in crypto since then, and now I'm going to make my dreams come true in 2017 I read rich dad poor dad and it changed my way of thinking. I want to leave a legacy for my family and break the poverty cycle in my family.Learn more about him at: palmacapitalinvestments.com https://bit.ly/3v0Kysl
In this episode, we talk with Shannon Robnett.With over 25 years of experience, Shannon Robnett has been involvedfrom start to finish on over $350MM in construction projectssuch as multi-family, professional office buildings, city halls,fire and police stations, schools, industrial and mini storage.Along with his knowledgeable team at Shannon RobnettIndustries (SRI), Shannon is dedicated to sharing his expertiseand delivering top-quality projects that bring in numerouspassive income streams to his syndicate partners.
Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change
Jeff Boudjouk on UBS termination, expungement, and a new life as independent firm Northeast Investment Group.
Guests Peter Chege and Shannon Robnett talk about ways to find the people who will make your deals succeed ,and what flags to look for when entering in conversation. Join our multifamily investing community for FREE for in-depth courses and live networking with like-minded apartment investors at the Tribe of TitansLink to subscribe to YouTube channel: https://tinyurl.com/SubYouTubeDiaryPodcastApple Podcasts: https://tinyurl.com/AppleDiaryPodcast Spotify: https://tinyurl.com/SpotDiaryPodcast Google Podcasts: https://tinyurl.com/GoogleDiaryPodcast Follow us on:Facebook: https://www.facebook.com/DiaryAptInv/ Twitter: https://twitter.com/Diary_Apt_Inv Instagram: https://www.instagram.com/diary_of_an_apartment_investor This episode originally aired on October 3, 2022----Your host, Brian Briscoe, has been a general partner in 655 units worth $50 million and has been lead sponsor, asset manager, capital raiser, and key principal on these properties. He has developed a multifamily education community called the Tribe of Titans that helps aspiring investors learn the game, network with other like-minded professionals, and get their apartment investing business to the next level. He is founder of Streamline Capital Group, which will continue to acquire multifamily assets well into the future. He retired as a Lieutenant Colonel in the United States Marine Corps in 2021.Connect with him on LinkedIn----Shannon RobnettWith over 25 years of experience, Shannon has been involved from start to finish on over $350MM in construction projects such as multi-family, professional office buildings to city halls, fire and police stations, schools, industrial and mini storage. Along with his knowledgeable team at Shannon Robnett Industries (SRI), Shannon is dedicated to sharing his expertise and delivering top quality projects that bring in numerous passive income streams to his syndicate partners.Learn more about him at: connect@shannonrobnett.com ----Peter Chege" I was born in Kenya in 2000 and moved to the United States with my parents when I was two years old. We settled in St. Louis, Missouri where I lived for the next 16 years. When I was 18 years old, I enlisted into the US Army as a CH-47 "Chinook" repairer and was assigned to Hawaii for my first duty station. During my time in Hawaii, I started investing a lot of my money into stocks and different side hustles. I moved back to the mainland. While educating myself on single-family homes, I learned about multi-family real estate. I quickly realized that I can achieve my financial goals much quicker through multi-family real estate and pivoted my education towards that niche. I joined a mastermind through Active Duty Passive Income where I networked with other service members and veterans and became educated on multi-family real estate. I am now working toward closing on my first deal!"Learn more about him at: peter@capstonesyndicate.com and https://bit.ly/3SRhAFa
Welcome to the Real Estate (Un) Success podcast where our host, Cody Lewis talks to people from the real estate community, sharing real stories about their struggles, pains, and even losses during their own real estate journey. Shannon Robnett is a second-generation builder-developer, a third-generation real estate agent and a fourth-generation pilot. He jokingly says that it usually takes his family multiple generations to get something right! With over 25 years of experience, Shannon has been involved from start to finish on over $350MM in construction projects such as multi-family, professional office buildings to city halls, fire and police stations, schools, industrial and mini storage. Along with his knowledgeable team at Shannon Robnett Industries (SRI), Shannon is dedicated to sharing his expertise and delivering top quality projects that bring in numerous passive income streams to his syndicate partners. Key Takeaways Price does not equal value You can't determine what you goal is without a good cost breakdown Know what you're good at. Know what you're really not good at. Don't be dumb enough to convince yourself that you can do both. Don't succumb to FOMO or, the fear of missing out. Because someone else takes a high-wager, calculated risk, doesn't mean you're meant to, or you'll have a similar outcome. Thanks for listening to The Real Estate (Un)Success Stories podcast. Help someone hear the challenges we went through so they can avoid the same mistake by sharing this episode or listen to our previous episodes. Please don't forget to leave a review and 5-star rating on your favorite podcasting platform. Vendue Capital is on the Web and, you can connect with our host, Cody Lewis on LinkedIn. Production services for The Real Estate (Un)Success Stories podcast are provided by Downtown Podcasting. To start a conversation on how you can have a podcast, simply send an email to info@downtownpodcasting.com.
Wanting a Million & Billion Dollar Business Isn't Enough.Emmy Award-winning TV show host, Aurea McGarry, interviews Passion To CEO founder, Alexa D'Agostino, who has helped over 300 clients generate OVER 5 BILLION dollars in sales. Starting a business isn't hard… scaling it is.What separates the successful from the unsuccessful when it comes to growing the business? LISTEN IN AND FIND OUT.Over the last 16 years, Alexa and her team have been at the forefront of witnessing brands go from an idea on a napkin in a diner to being worth over $350MM.But the million-dollar question is “how?”. Visit https://bit.ly/thynk for a complimentary consultation with Alexa's team member Tonia, if you are ready to scale your business to the high 6 and 7 figures or to get it ready to sell.Mention Aurea McGarry when you reach out to them to get the royal VIP treatment!! Go from SOLOpreneur to a 6, 7, and 8-figure CEO of your own company that you can leave as a legacy or sell for huge profits.
Host: Ben Banerjee & Sveta Banerjee Topic: 1st Step Toward Net-Zero Emissions Guest: Joshua Campbell, President & CEO of Bridgeway Solutions. Mr. Campbell is an experienced C-Level executive with an extensive background in the Operations, IT, Telecom, Management, and Business Development areas. He possesses a very unique background and skill set that combines business, operations, and IT expertise and has led several business plans, business development initiatives, start-up projects, new buildout of departments, and revamping of several IT and Operations teams. His vast experience includes leading technology departments, operation teams, and setting policies & procedures. He played a key role in the initial technical components of a business plan that raised $3MM in startup capital. He also successfully implemented the network infrastructure for a Retail Electric Provider which successfully billed out over $15 million per month. He also assisted with the expansion plans and roadmap for entering new markets. This company eventually sold for $350MM. Over the past 5 years, Mr. Campbell was asked to guide a publicly traded company through the Chapter 11 process which took just over 18 months to complete. He was successfully able to accomplish this task in a manner in which all stakeholders bought into his exit strategy. Today, in his capacity as President & CEO of Bridgeway Solutions, he is responsible for ensuring the firm's long-term stability and liquidity as well as ensuring that the day-to-day operations run smoothly, including implementing both long-term and short-term strategic objectives and key initiatives. The weekly show on how Impactful investments and businesses are helping to implement the 17 UN SDG's worldwide to preserve the world for future generation. Banerjis have enlightening and in-depth conversations with newsmakers, celebrities, thought leaders, entrepreneurs, project owners, investors, politicians and business leaders and encourage them to act now.
CRE SharkEye Commercial Real Estate Show Hosted BY Yishai Breslauer
Pattie Ehsaei has been in financial services for over 20 years and has considerable experience in SBA and commercial lending. She started her career as a lawyer, transitioning to financial services in various roles as a top performing regional manager, investment banker, and SBA lender. Having funded more than $350MM in transactions, Pattie's extensive background makes her an expert in thinking outside of the box and providing customized solutions to help small business owners achieve their goals. https://www.linkedin.com/in/pattie-ehsaei-a785589/ The CRE SharkEye Show https://www.youtube.com/c/YishaiBreslauer The best 6 secrets of commercial real estate download free https://lnkd.in/dZkCUFR The CRE Crash Course - Everything you need in order to get the Must Have Skills for Commercial Real Estate, in only 2 weeks https://www.crelaunchpad.com/cre-crash-course
Don't miss this one! Vikram and I had a blast talking life, family, and Real Estate of course. Vikram is an award winning cardiologist, founder and managing principal of Viking Capital, a multifamily investment firm), and also serves as a high performance business coach. Vikram's life is packed with action to say the least - he's managing over $350MM in assets yet devotes his life to helping others. He serves as a great example of the fact that one can accomplish whatever they put their mind(s) to! We discuss the following in this episode:Download the full episode here: https://www.buzzsprout.com/1650301/8701435-episode-24-solving-problems-at-scale-with-vikram-raya.mp3?download=trueLearn more about multi-family investing with us - www.investwithredline.com#podcast #multifamily #assetmanagement #podcasting #podcastlife #financialfreedom #investing #cashflow #redlineequity #crushingit #crushingcashflow
Hans is a Principal of Box Wilson Equity and a Senior Director at Old Capital Lending, a provider of commercial capital solutions in the Texas market (over $1B in originations last year). Old Capital specializes in 1st lien multifamily lending (but also lends on other commercial real estate). They utilize FNMA, Freddie, HUD, banks, credit unions, bridge lenders, and “soft” and “hard money” on occasion. Old Capital specializes in TX, but lends nationally as well. Their niche is education and assisting clients through the entire transaction. Most brokers/lenders don't invest in commercial real estate and even less sponsor or syndicate their own deals. However, Hans is a sponsor as well and has created 13 private equity funds with his business partner (together, Box Wilson Equity; ~$35MM+ in equity combined). They have bought or invested in multifamily, self storage, mobile home parks and distressed debt. Hans has been directly involved in the acquisition, investment and management of over $350MM in multifamily and self-storage assets and has asset managed ~3,700 MF units and has invested in or had equity in ~4,300 MF units and ~2,000 units of self storage.
Welcome back to the Passive Wealth Strategies show. Today, we welcome Chris Larsen as we talk about his first-hand experience using the infinite banking concept. We also talk about the importance and the strategy of building teams as a real estate investor. Chris Larsen is the Founder and Managing Partner of Next-Level Income. After 18 years in the medical device industry, he dedicates his time to helping others become financially independent through education and investment opportunities. Chris has been investing in and managing real estate for over 20 years. He began syndicating deals in 2016 and has been actively involved in over $350MM of real estate acquisitions. [00:01 – 07:07] Opening Segment I talk briefly about great values that await you in this episode Guest Introduction and backgroundChris' background [07:08 – 16:44] Next-Level Passive Real Estate Income Publishing his book Next-level income: How to Make, Keep, and Grow Your Money Using the ‘Holy Grail of Real Estate to Achieve Financial Independence Chris goes over the infinite banking strategy Taking things to the next level with Infinite banking [16:55 – 21:47] Building Teams The importance of building teams in real estate investing Having the right mindset as a team Surrounding yourself with like-minded peoplePeople with an abundance mindset Find the right person for the right roles [21:48 – 25:00] Closing Segment A quick break for our sponsors What is the best investment you've ever made other than your education?The ring I used to convince my wife to marry me Chris' worst investment What is the most important lesson that you've learned in business and investing?Surround yourself with the right people, with the right mindset. Connect with our guests. See the links below. Tweetable Quotes: “Multifamily is the holy grail of real estate.” - Chris Larsen “Don't think about how to do something, find the right ‘who' to do something.” - Chris Larsen “If you want to be really good and really affect a lot of people, you can't be doing everything yourself.” - Chris Larsen “Invest in what you know, trust your plan, and don't get sidetracked.” - Chris Larsen “Surround yourself with the right people, with the right mindset.” - Chris Larsen Resources: Next-Level Income Free Book Who Not How - Dan Sullivan and Benjamin Hardy ------------ Connect with Chris, send him an email at chris@nextlevelincome.com. You can also visit their website at https://www.nextlevelincome.com/ LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.
Are Subject To Deals Safe to Do? Can You Self Close a Subject To? What Should You Do If You Can't Find a Title Company That Will Close Sub2 Deals? Today, on The Sub2Deals Show, we talk with Attorney & Investor Scott Horne. L. Scott Horne is an attorney with Horne and Associates, PC in Dallas, Texas. He has been practicing law in Texas for over 30 years. In addition to being a Title Company Fee Attorney with offices in the Dallas Ft. Worth area, his firm focuses in working with realtors and real estate investors in all types of real estate transactions; retail and investment.Scott's primary focus is on structuring and drafting creative real estate transactions, corporate structuring and finding creative solutions to ensure profitablilty for the real estate transaction. His unique approach comes from hands on experience through companies he operates, including companies which have: • Purchased, remodeled and sold, over 7,500 single family homes • Transacted and sold over $350MM in private mortgages • Transacted approximately 4,000 assetbased, hard money transactions totaling over $400MM • Owned and operated a full-service mortgage banking company • Has built 50 plus single-family homes • Has owned and managed hundreds of single familyrental properties • Owns hundreds of ownerfinanced mortgages Having completed approximately 10,000 creative financed transactions, Scott brings an unparalleled level of knowledge and experience to the table. Scott has spent years helping investors and Realtors take a deal from inception to completion. Scott provides his clients with practical, fluid innovative thinking, creative financing solutions, legal counsel, and financing options to succeed in real estate investing. What You Will Learn * Are Subject To Deals Legal? * Why Seller Financing Is Better then Lease Options for Disposition * Why Ethics are Important in Real Estate Investing Mentioned in This Episode Learn why You MUST Have PropStream! https://www.sub2deals.com/propstream Looking for the BEST CRM? https://www.sub2deals.com/reiblackbook You can get in touch with William at william@sub2deals.com Our FREE Facebook Group - The Sub2 Forum - www.Sub2Forum.com Interested in learning how to get the deed? Take a look at the Sub2Deals Group Coaching with William! https://www.sub2deals.com/group-coaching Like the podcast? If you enjoyed this podcast, please leave a review below or on Apple Podcast. FREEBIES: Want to Buy Houses with William? Join our JVP Program! Schedule a FREE 15 Minute Consultation Call: https://www.sub2deals.com/joint-venture-partner/ Want to Be a Part of the BEST Subject To Coaching Group on Facebook? Learn How to "Get the Deed!" Join us Today! https://www.sub2deals.com/group-coaching Get Our FREE Seller Negotiation Course: http://podcast.sub2deals.com/how-to-negotiate-with-real-estate-sellers/ Get Our FREE Real Estate Investor Business Plan: http://podcast.sub2deals.com/free-business-plan/ Get the BEST Tools for Real Estate Investors Here: https://www.sub2deals.com/tools Stuck on a deal or just need a quick 1 on 1 consultation with William? https://clarity.fm/williamtingle Follow Us on Social Media: Facebook: https://www.facebook.com/Sub2Deals/ Facebook Group: https://www.Sub2Forum.com Twitter: https://twitter.com/sub2deals Instagram: https://www.instagram.com/sub2deals/ Pinterest: https://www.pinterest.com/sub2deals/ The Sub2Deals Show Podcast: https://www.Sub2Podcast.com Website: https://www.Sub2Deals.com
On this episode of Silicon Valley Insider (#SVIN), Keith Koo’s guest is Wayne Huang, CEO & Co-Founder of XREX (“x-rex”) a blockchain trade technology that enables cross border trade. Wayne shares his background of how the CEO and Co-Founder of Armorize Technologies a cybersecurity company that was acquired by Proofpoint in 2013. From there he went on to by the VP of Engineering in which he built the Targeting Attack Protection product which grew to at $350MM in annual recurring revenue. From there, Wayne and his partners decided to move into the blockchain space by creating a full suite of tools and services along with cross-border commodity trading platform using blockchain technology. More about XREX XREX helps blockchain-focused organizations save time and money with product development, production maintenance, security, scalability, and compliance efforts. XREX Crypto Services (XCS) is a compliant, secure, scalable stack of PaaS and SaaS offerings for organizations that build and run crypto markets (spots, futures, options), market-making, banking, custodial services, wallets, clearance and settlement proxies, payment gateways, value transmission services, and/or decentralized apps. XCS stacks are offered entirely through cloud-based APIs and billed by usage. After registration, developers can immediately initiate module instances and use APIs; there are no face-to-face meetings, contract negotiations, setup fees, or monthly minimums. XCS allows organizations to focus on building core business functions--not waste time and money in developing, maintaining, scaling, and securing the underlying stacks. Many XCS services are implemented using XBLOCK, a blockchain designed for high volume, low latency clearance and settlement across financial institutions. XREX also operates a standalone market -- the XREX Exchange -- which provides professional access to spot, futures and options trading. https://www.xrex.io/ Subscribe and Download to “Silicon Valley Insider” to find out more: https://www.svin.biz/
Arturo Borges is the Vice President of Propfolio Management, a vertically integrated property, and asset management firm with $800 M in AUM. He has been directly involved in the raise and placement of $80MM of equity encompassing 1,700 residential units and over $350MM worth of real estate acquisitions over his career. He is also the co-host of the first-ever real estate show in Spanish, focused on educating the Hispanic community on how to invest in US Real Estate. [00:01 – 06:29] Getting to Know Arturo I talked about valuable information that you can take advantage of in this episode I introduce the guest, Arturo Borges Arturo talks about his background His family upbringing Venture into commercial real estate [06:30 – 16:52] Arturo's approach to the real estate business Transition from the family business to commercial real estate Arturo talks about his approach to the real estate business Finding the right operators and investors Establishing and accomplishing expectations [16:53 – 24:25] Raising Capital The Key to raising capital Arturo's first experience trying to raise capital Finding the right balance between being needy and being laid back [24:26 – 38:27] Pushing for Growth and Change Lessons Arturo learned from Grant Cardone Not taking things at face value Putting yourself in uncomfortable situations Pushing yourself to expand and grow as an individual Arturo shares his morning ritual [38:28 – 55:41] Propfolio Management The Technology component of Propfolio Management Propfolio Management's principles to manage a property Arturo talks about their application Centralizing all necessary information for transparency Managing real estate Final thoughts from me and Arturo Connect with Arturo online. See the links below Tweetable Quotes: “The key to raising capital is transparency. If you don't have transparency, you don't have trust. If you don't have trust, you don't have anything.” - Arturo Borges “Everything is made up. Every single product, service, price. Everything is made up, everything is negotiable, and anything is something that you have the ability to change.” - Arturo Borges “When I'm stone-cold scared, I know that I'm making super good progress and that's where I know that real change and growth is going to be at.” - Arturo Borges Resources Mentioned: We want you to be rich - Donald J. Trump and Robert T. Kiyosaki Grant Cardone To learn more, connect with Arturo on LinkedIn. Send him an email at arturo@propfoliom.com Contact: 305 785 5594 LEAVE A REVIEW + help someone invest in commercial real estate with confidence by sharing this episode or click here to listen to our previous episodes. Follow The Investing Podcast in all Streaming platforms. Deezer, Apple Podcasts, Google Podcasts, Spotify, or visit our YouTube Channel. Visit my website for more information on my services, new book, and my blog. Follow me on Facebook, Twitter, and Instagram. If you would like to learn more or have some questions, send me an email at shane@shanemelanson.com
The Tech Chef, Restaurant, Hospitality and Hotel Technology Business Podcast
Today I have yet another trusted partner on to discuss how they can turn around your online ordering strategy to a winning and powerful relationship. I, personally have used ToGo at the last two companies I have been at with HUGE success. ToGo is a restaurant e-commerce platform that enables customers to order directly from your custom mobile app or website. It’s incredibly powerful, and amazingly simple to use. To talk about this I have Shaun Shankel, Chief Executive Officer at https://fresh.technology/ (Fresh Technologies )and https://home.togotechnologies.com/ (ToGoTechnologies). This show will run a little longer than normal but we have so many important things to discuss that could change your off premise strategy! Shaun Shankel, CEO of ToGo TechnologiesShaun Shankel is a highly successful entrepreneur, CEO and CTO with over 20 years of experience in the hospitality, technology, and entertainment industries. He has particular expertise in vision focused executive leadership, employee and culture growth, agile software development, systems integration and bottom-line revenue growth. Shaun’s unique blend of business acumen, artistic soul and technological expertise give him an uncanny ability to clearly identify opportunities, even in the most unorganized and disparate of systems, navigate challenges and pinpoint successful paths to a profitable reality. Shaun has done this repeatedly, raised millions in private equity and led multiple companies to profitability. As the CEO of Fresh Technology, Shaun has inspired a culture of success. Under his guidance, the company has built a proprietary suite of vertically integrated software and hardware hospitality products that optimize operations, production and customer engagement. From raw materials, inventory tracking and invoice administration to labor management, kitchen automation and online ordering, Fresh’s software uses predictive analytics and machine learning to control costs and grow sales. This system manages over $350MM in annual revenue and has been proven to add 3%-5% points in EBITDA to its restaurants. Harvesting the immense amount of data generated from the thousands of locations using Fresh’s software, Shaun is evolving Fresh Tech’s platform to more precisely predict customer purchase habits based on the time of day, physical location and product mix to tap into new areas of profitability. In addition, Shaun also serves as CTO for Fresh Hospitality brands including Taziki’s Mediterranean Café, Martin’s Bar-B-Que Joint, I Love Juice Bar and Taco Mac, to name a few. In this role he leads a battalion of software developers, systems architects, network technicians and help desk engineers overseeing an ecosystem of AWS servers, ioT devices, and secure payment processing networks. Prior to taking the helm at Fresh, Shaun had an extremely successful career in the music industry writing and producing for some of the biggest artists in the pop, gospel and country music markets. Selling over seven million albums and singles, Shaun had 12 #1 hits and song placements in over 18 film and television campaigns. Contest Alert: https://www.dtiq.com/ (DTiQ’s) Massive Giveaway!Our biggest promotion yet! https://www.dtiq.com/ (DTiQ) is giving away one year of auditing services, analytics and video reporting FREE! Included is an NVR and POE that turn your surveillance footage and transaction data into immediate insights to stop theft, enhance your customer experience and prevent loss! One lucky winner will walk away with this and the name will be announced on our Thanksgiving Day bonus episode. You can earn entries every single day. What are you waiting for? Start getting your entires in now! https://skipkimpel.com/contest/ (CLICK HERE) Included in this prize package:1 free year of DTiQ Video Reporting, Analytics & SmartAudits™ 1- DTiQ 10TB NVR 1- 16-CH POE or...
5 Talents Podcast - Commercial Real Estate, REI, Financial Freedom
If you're saying you don’t have enough money to get started, you won’t know what to do when you have it. Today’s guest, Tim Bratz is a master of resourcefulness; his story finds him going from living in his car, taking showers in hotel sinks, to making deals in Multifamily and building wealth. Tim is now the CEO of Legacy Wealth Holdings where His current portfolio consists of 4,000+ rental units, with a portfolio value of $350M+. Let’s learn from Tim how resourcefulness can help you build wealth.[00:01 - 08:16] Opening Segment● Let’s get to know Tim BratzCEO and Owner of Legacy Wealth Holdings ● Tim gives us a bit of background on his storyThe art of resourcefulness[08:17 - 17:49] Becoming Resourceful ● Tim talks about the lessons he learned on the journey ● If you can find good deals you can find good money ● Tim talks about his time involved in an MLM ● From the top 1% in Single Family, to flat broke ● Tim talks about getting back into Multifamily Real Estate and building wealth [17:50 - 28:37] Learning the Right Things from the Right People ● We talk about why Multifamily over Single as per Tim’s story ● The value of Mastermind groups over mentors [28:38 - 33:24] Getting Your First Deal● Tim shares key advice to people starting out● You won’t do the big deals if you can’t do small deals● I summarize what we can take away from Tim[33:25 - 39:35] The Growth Process ● Tim talks about his growth process and how it happened● Working smarter not harder ● Giving value is better than grabbing money [39:36 - 49:16] Closing Segment● Tim talks about his books for child developmentLittle Legacy Library - links below ● How to reach out to TimLinks Below ● Final Words - connect with us Tweetable Quotes:“Resourcefulness is the ultimate resource. If you are resourceful you will find the time, you will find the money, you will find the knowledge… “ - Tim Bratz“Just go do deals, your actions and successes will speak for themselves.” - Tim Bratz Resources:● 5TCRE Investments● 5TCRE Free ebook● Kingdom Capitalists Mastermind● Little Legacy Library: Tim Bratz books for High-Level Child Development---------------------------------------------------------------------------------Connect with Tim on LinkedIn, Instagram and Facebook @timbratz. Visit legacywealthholdings.com/ and listen to the Legacy Wealth Holdings Podcast to learn more. Connect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTube Leave us a review and rSupport the show (https://www.buymeacoffee.com/5Talents)
Since 2011, Will has co-founded two multi-family investment firms in Texas. Will has transacted over $350MM as deal sponsor / syndicator, totaling over 7,000 units. Every deal to date has returned over 100% profit to the investment group with a typical hold time of 2 years. In 2010, Will established and operated a multifamily-specific materials import company that greatly reduced the cost and logistical headaches of renovating multi-family projects. He routinely visited sourcing factories until he sold the company in 2018. Will is licensed and registered as a real estate broker in the State of Texas. He has formally held the SEC / FINRA Series 7 and 66 licenses, and worked with TD Ameritrade and Fidelity as a stock broker. Will enjoys international travel for business and adventure, and is obsessed with cars and music. He is a Dance Club DJ throughout the Philippines. He regularly organizes and sponsors children's medical / surgical outreaches in South East Asia. Will is on the Board of Directors of the Ruel Foundation, and founder of Angel Capitalist. Both provide vital medical care to needy children as well as economic investments in the Philippines with more than 500 children treated to date. Website: www.angelcapitalist.com Thank you so much for listening! WE ARE SO GRATEFUL!!!! Our Sponsor: Multifamily Foundation If you are serious about learning how to buy apartment buildings then don't wait, go to www.multifamilyfoundation.com and let us help you build your foundation. Investing for Lifestyle and Legacy: https://www.yarusiholdings.com/ Our ENTIRE Podcast, Books and Health Suggestions: https://www.amazon.com/shop/yarusiholdings Subscribe To Us On YouTube: https://www.youtube.com/channel/UC1SuXB01d14DC8ZnEWpRQdQ?sub_confi rmation=1 Subscribe To Us on #Libsyn: http://multifamilyfoundation.libsyn.com/website Subscribe To Us on iTunes: https://podcasts.apple.com/us/podcast/the-multifamily-foundation/id1484177595 Transcription: Hello. Again, welcome back to the Jason and PLE project. Super excited to be here with you today. Of course, we love you. Checking in with us. Love you, giving us all this great feedback. You'd be like, wait here, go over. Give us a ratings review. Doesn't have to be five stars. Just has to be, we want to hear from you. We want you to dive in, tell us what we're doing. Tell us what else we can bring you. And today we have will Crozier on the show. He will. How you doing? Hey Jason. Great. How are you? Good. Good. So excited to have well on the show, he's actually in Texas with living full time in the Philippines came back of course, with COVID, but he's got such a tremendous track record here, and we'd love to have him on the show since 2011. He's co-founded two multi-family investment firms in Texas with transacting over 350 million as a deal sponsor, syndicator totalling over 7,000 units. And on average, over a hundred percent profit to the investment group with a tickle whole time two years. And if that wasn't enough in 2010, he established a multifamily specifically cereals import company that greatly reduced the cost and logistical headaches of renovating multifamily product projects. And he sold the company in 2018. He's also has a number of licenses, series seven series 66, working as a broker. And to add that on top, he's got many passions in terms of international travel for business and adventure, obsessed with cars and music, and some of the awesome things he's doing. He's on the board of directors for the rural foundation and founder of angel capitalist, both which provide vital medical care to needy children, as well as economic investments in the Philippines with more than 500 children treated to date. I mean, that's super cool, man. So excited to have you on the show. I'll jump in. Cause you know, a lot of people right now, small business owners, we're investors, they're listening to this and they hear a lot of things that you're doing to, you know, continue to give back. One thing you've done to, to find an additional layer to the multifamily area was to produce or start the import company. What was the thought track there was that that was pre doing the investments and, or was it second to the investments? And then from there you decided this was a good track to add onto. Yeah, it was sort of concurrent. I mean, we had an issues actually sourcing the materials we needed to renovate fast enough. We started taking on bigger and bigger, bigger projects and the big box stores couldn't even keep up with our demand. It sounds weird, but they would start delivering the wrong fan or the long, the wrong light or their own faucet. And the prices would be all over the place. And just like, ah, this is messing everything up. We guys standing up guys standing around with the hands in the pocket and you know, wasting everyone's time and money. So kind of took it into our own hands. Flew over to China, started meeting the, uh, the factory owners and they started pulling containers in and it sounds real easy, but I'll tell you it was a headache, but once I got going, it was definitely it. That's Awesome. And what were some of the, the key lessons learned one from a business standpoint where two, from a logistical standpoint, bringing on an additional line to your multifamily investment firms? Well, everyone talks about real estate, sort of like multiple streams of income thing jumping into this firm. It was a multiple streams of expense. Like it was just money, money out everywhere. It was this money out and it was, it was, it was a headache, but, uh, once, once we stabilized and um, our investments stabilized and we started picking up a reputation for good product bucks, you know, we were selling at a good price and it was exactly what other owners needed. It was what we needed. So it's what everyone needed. And it was on time and it was delivered for, you know, B and C projects, a multifamily project. So it kind of just took off and, uh, it was managing cashflow, I think was the number one thing. It took 10 years off my life in those five years. So I know from working in a, having a number of businesses and working with family business, that that's one of the parts as you grow, right? It's that cashflow because it's that, it's that beauty of you're growing, but you're trying to anticipate the growing going forward and you're trying not to cut your knees off and you're trying to be optimistic, but optimistic sometimes you're not even as optimistic and as it gets bigger, you're trying to basically catch a rolling ball is rolling down a Hill. You're trying to catch up with it. And as you look at an analogy, as you're looking at an environment today, if you were to start over right now in 2020, with all you've done, you know, you came back 2011 where we had not December, but it wasn't as optimistic as maybe six months ago, you know, in 2011, how are you looking at your investment opportunities today? I had a long call just yes, yesterday. Uh, the people who kind of came up to five years behind me or whatever. Um, if I was going to start all over again, it's a great time to start over. I mean, don't, don't necessarily jump in right now, not this second, but you know, wait, watch the dust to settle there's opportunities coming our way. There's a lot of sloppy handlers, a distant absentee owners there. They're going to fumble it. There's going to be opportunities back in the market. And that's really cool. And I'm positioning myself to be able to, to back those people, to back those sponsors, to invest with them, to guarantee loans and things like that. So yeah, it's, it's, it's a team sport and everyone's getting ready for the next round. I think that that's the key word team sport. And sometimes when people start out, they try and do everything in themselves and they forget that the ability to grow, these are, these are really businesses that you're going to narrow and correcting them. And the more you put on an infrastructure, the more you can grow and you can do, like you did grow to 350 million, 7,000 units in a quick fashion and have a good turnover. What you did here now to two was the objective from the beginning, always to it traveled international. It was just the goal of, of doing multimillion. Do what you're doing is to find a different perspective on how you want to handle life, or it's just always been built into your life. And you found businesses that fit your life. Yeah. It wasn't the goal for sure. I think my goal was, uh, yeah, big houses, fancy light cars, you know, that, that was the goal. It really was. Um, I was born really early poor and that just always amazed me and seemed really cool. And I did that for awhile and then I got really bored of it. And like two or three years is all it took and I'm like, okay, glad I did it and need to probably do it just to satisfy that itch. And then it kind of just sold everything and moved forward with something else. And you moved over to the Philippines, was Sammy from there, or w w what was the, what was the choice to, to move to the Philippines? Uh, as quickly as I can, when I was in China, a lot on this import company, all the coolest people I met in China were all Filipino. So they're like, come on over, come on over. And, you know, English was strong and there's a lot of cultural bond between Americans and Filipinos and it just fit really naturally. I love the people, the culture, the weather. It's. It's great. It's home now. Oh, that's so cool. So cool. So are you still actively investing in multifamily? Why they're here in the States or now are you pushing into your other passions or your focus on angel capitalist? I'm certainly pushing forward with angel Apolis and we can talk about that for a bit, but, you know, it's always best to earn dollars, especially when you've got the team and the network, the infrastructure in place. So I'm still deal sponsoring a couple of the larger deals here in Texas. Uh, I'm investing, as I'd mentioned as kind of a key principle guarantor on a lot of other people's projects. So I'm a passive investor more and more as I can be, or just kind of a semi passive, just try to help out where I can to, to get the deals done, to get better loan terms, lend the balance sheet and these kinds of things to, to make it go around a little bit better, but, but more and more, my emphasis moves over to angel capitalist in the Philippines. I love it. And you talked about, you know, the, the big house, the cars and how that just got tired. And, and I think a lot of people have that same thing, right? They start out making, you know, when you do you, you have that approach. That that's the first thing. When you grow eyes that your, your choice and your objectives were, were bigger than this. And it does that lead to where angel capitalist really started from it. Did. I can remember the exact moment when I was, uh, I was jogging in the morning near my big fancy house, and I was just amazed by it. It was just beautiful, everything about it was just like, you know, I did it like, I was so excited about it and almost that second, my mind flipped over and started thinking about, okay, in my garage, I've got a Bentley, I got my old 69 Camaro. I just picked up my car, Rory. And it was just like, I gotta go buy another one. And it was just like that moment. I caught myself when I'm like, is the next sporadic the thing that satisfies that itch, not, not even close, not even close. And that's like, I started on unraveling it at that point, just putting it all behind me. And, uh, and, uh, the amazing work that you can do with small amounts of money in so many parts of the world, or even here in the U S it's just amazing what a little bit done with care, you know, uh, micro, um, humanitarian micro charities where it's at. And if you just note in you're with the people, and you're talking to the people and day by day, you're with these people, you can identify with the needs are and efficiently help them to become healthy, To advance their life, to feed their children, to grow a business. And I became addicted to that very, very quickly. Uh, how can I do more of that instead of buying the a hundred dollar bottle of wine at my stick dinner, you know, let's divert those funds to do something much, much better. You know, when people think about giving back, lots of times they think that that means they have to have a lot of money, right? They have to have this big fund set aside. So I I'll do it, you know, in a couple of years when I started to have this nest egg and other points, and you talked about just finding these causes, even though micro causes, how did, what was the first thing that stood out to you in terms of identifying the causes that were really hugely Impactful to you, and you want to make a difference on, yeah, it was children's surgeries and that's what I'm mostly addicted to, because it's hard to find things that are pure, like a hundred percent pure that someone's not going to monkey with. There's not some agenda, there's not some huge overhead or issue with what you're doing or it's political or something. I've found that that children who have done nothing wrong, they cannot help themselves. And then you do a life changing surgery that one day they go into the surgery and the next day they come out and their entire future has changed. I became addicted to that, and it was actually a, an eyesight of cataract surgery. That was my very, very first one. I was just being a lazy tourist, a bump, like drinking, hanging out on the beach. And, and, uh, I heard about this girl who needed about a $180 surgery, so she could see, you know, and I just thrown that amount of oil on lunch and a couple of parties the night before. And I'm like, you know, I'm slow, I'm very slow to figure this stuff out, but eventually I figure it out. And I'm like, that is what I want to do. And we did it and now she sees, and, and then it started spiraling. I started building infrastructure and all the lessons I've learned here in business, in the United States about scaling, about growing about trusted advisors, about handling money, about trust. I don't, I spend a lot of my own money on this, but really it's key. I do a lot of crowdsourcing. I throw up a new case that we find, I throw it up on social media. I'm like, you know, who wants to get in on this with me? Cause most people do. Most people are like, that's really cool. I want to do that too. And so it's really just cooperative and everything I've learned in business translates so well into what we're doing now over there, In terms of the scaling aspect of your business, what's been the best growth factor you've taken from your business and put it into this right here. Hi, I'm a syndicator, you know, I didn't have any money to do these big apartment projects. Uh, so, so it was about convincing a few people to trust in me. And then once you get the ball rolling and you have a track record and you have trust built up and a reputation and a network, you lend that to much, much bigger projects. And that's what I'm working on now. And basically starting to syndicate larger and larger humanitarian projects in the Philippines. And this is the same people. It's literally the same people that I just made, you know, hundreds or millions of dollars for in the past few years. And they're there, same trust in me, the same reputation did they, if anyone else wants to participate, they'll be like, yeah. You know, I trust him with them. He's over there. He's spending his own money to make this stuff happen. So let's jump in there. So it's, it's all teams it's in its reputation and it's building those relationships of trust. Yeah. And you're right, right. So, and I think that goes back to a lot of people's perception, Yvonne buying multi-families that you have to have this large bank roll ahead of you, but it's really just making sure that what you say is what you do, having the right terminology. When you talk to people that you can make sure that they understand that you're going to go out there and times are not going to be easy. There, there things are going to happen, but you're going to put in the work and make sure that you're there every step of the way to make it happen. And the cool thing about this is you talk about the cataract surgery. It's something apartment buildings may take a while to turn around, right? It's not like a flip where you can be in and out in a month. You may have two years, three years to see that see the after effect, but the surgery, you can, you could see how that changes so quickly. Right? So you get that immediate point when you had that first one happened, what was, what was the, the internal response? What was your first thought or your emotion from it? I was addicted. I mean, there was nothing else to say, but that, and you know, when you're doing this kind of business, it's nice to have that external affirmation from everyone. Oh, well, you're a good guy. You're doing all this good stuff and on and on. And it feels good to hear that I liked that, but actually it's, for me, it's my own selfish reasons. Like it makes me happier and more excited than anything else that I'm doing. So I'm doing it for myself. So it's not as selfless and altruistic because it sounds, it's just, it's the coolest thing that I can do in my life. So that's why I'm doing it. Yeah. I love that. And just the effect of, of person, right. Just imagine, I'm just thinking of my mind, like it, you, you, you vision the vision, right? That just to be able to see something, it gives you such a whole different perspective, right? Just like they say, a picture can create a thousand words. And so for someone to go from not seeing to have an at first sight, you can just imagine the visual, just all the things that must come to mind when someone has that effect. And it's just cool that you could, and it's, it's daunting, right? Because we think of everything on unmasked capacity. Like maybe that surgery here would be like 10,000 hours, but somewhere else, it's a hundred, $180 and you're able to go and just change them in the future. And I love that. What is the, the next steps, which the future with angel capitalist. So I haven't even been released this yet. You know, you're the first one I'm, I'm really working, uh, to put out a game plan that everyone can watch. Everyone can see that soon. I'm going to move from, I'm asking for a hundred bucks, I'm asking you to match my 500 or a thousand dollars for this next surgical outreach. I'm going to start hunting whales similar to what we did in, uh, in, in multifamily investing. And by that, we're not going to go get a harpoon in a big boat. I'm going to talk, I'm talking more to build the relationship and the bridges with people who, who have huge amounts of money and don't know where to put it. Cause that's actually what we always face in the apartment world with investors. They have a lot of money. They want to deploy it all. They need to get it invested. They just don't know who they can trust. They don't know the right market cycles or whatever. I want to be one of the people that they trust that I've, that I publicly aired What we're doing publicly shown that track record the portfolio, the resume of what we've done for humans and how tiny, tiny bits of money it can help so much. And I wanted to do that on a much larger scale form. I would like to say, Hey, give me your million. Who do you have? Where's your auntie? Is she, is she unwinding? Her life wants to put her money to good care. Now in good hands, fly over and meet with me, meet with my team. Let's really start scaling this up. Cause there's so many more people we can help. There's there's, there's never going to be enough. And I'm just going to try and do my best with them. If there's a person listening to it, doesn't have the track record, right. It hasn't done a project hasn't hasn't had the impact, uh, but they love this and they want to get involved. They're just not sure how to get started with what are some suggestions for someone to, to build character, build trust as they continue to grow in what they want to do. You know, I think a lot of us hate social media because of all of the woes that it brings to us, but just sort of putting your profiles on public and being transparent about your failures, showing all the terrible days that you have just showing when there's a success, really enjoy it with everybody. It just, I've had to be a lot more transparent. It's caused me a lot of problems. I'll tell you it's caused a lot of stressful days and nights and just attacks and weird threats and stuff. But the goal is worth it. Whether you're building that business or trying to do something great on like the humanitarian charity side, you will have that trust. And no matter what I throw on social media, it always gets funded now. And it's, it's people give me 20 bucks, you know, like here's 20, but it gets funded because we built that in. And I think that that's been, been key is being transparent. And also just like you said, do what you say you're going to do except the plan and do it. Yeah. And it it's, it's funny. Cause social media, you do, you have to get out there and talk about what you want to do. It's just the idea of having a resume. Right. And showing people, your resumes as long gone, and the future of it is going to be that someone just going to Google you and just see what you're doing. Cause that's an easier fix. And we always look for the easy, right. And there's a lot of people out there that, that use that to, to attack people just because maybe they're dealing with their own, whatever right behind, behind the curtain where it just it's, it's so easy to type something. But if I, you know, if I'm sitting there face to face with you, I would never say that. Right know, like right there, funny, but in effect is so easy. If you just say, Hey listen, you know, I'm so sorry. You feel that when you get back to them, it's crazy. But it's the world that we've all grown into is going to continue to be that way. And what's cool is that you can create and track what you're doing for your legacy. You know, you can go and show no other family, other, other friends, you know, 30 years from now, you know, this is what we were doing at this point in this hour, you're using this impact and it, and like it creates our own, like, I, I will say like history books, right. In a weird way. It's like, it's becoming like the new history book, like using social media is. And so it's almost, it's almost like it's almost hurting you if you don't put your stuff up because it gives the rest of your family for generations, the ability to see where it was. Cause the pictures we don't take, we don't like relish. Those pictures are on the phone. And then that people's phones get erased. You don't have pictures where like you find Them in the attic anymore and say, Hey, here's the, all my grandma from like 60 years ago, here's this picture. And it just, it's amazing how it continues to transform and how those steps go forward. As you, as you look into your next steps and you've gone over to the Philippines and talk to us about what you're doing as a DJ is just as something that you just love. Don't, you've always had a passion for Rock band since I was 13 or whatever. And then rock kind of died. I don't know, 10 years, I don't know where it is. It's hiding someday somewhere. I'm a rocket, I'm a drummer and a guitarist, but you know, I want, I love music. I wanted to participate. And before when I was in business, I always felt guilty. I always felt guilty to like take an hour and like strum on my guitar or whatever. And now it's also that I have that twinge of guilt. Sometimes I'll be like trying to remix something and I just like invested three hours in it. And it's like, wow, the, the best use of my time. But at the end of the day, we're here to be happy. We're here to pursue our interests and our talents. And it's something I'm passionate about. So I try to do it all. I try to do it both or everything Going forward. How do you identify the best use of your time? I think we all feel that we're, we're overwhelmed with these, these tasks and maybe have a hard time identifying what's important for me to do right now. Yeah. I have, I guess, two answers to that sort of the, the logical side of me. I was just listening to Elon Musk on a podcast the other day. And, uh, he, he left, he wanted to build his own house. He wanted to like design it and he says, he's an OCD guy. I think that's pretty obvious. And he was going to like map out every detail of it. And he's like, I could spend a few years doing that or it could get our assets to Mars. You know, she's like, I should probably focus on going to Mars. Right. So, um, you know, me, I guess that's sort of the same thing. I, I need to put a lot of priority on, on helping people's lives, changing, changing their life, their future, giving them an opportunity of health, of wellbeing, of an economic opportunity to feed their family. But on the flip side of that, I think that we can work ourselves to death into the dirt and never take a moment to enjoy our life. And I think we're here to be happy. I think that's the number one thing. So if you put a priority on being happy yourself, personally, I think that good things will fall into place where you're actually happy just helping people are growing your business or being an advocate for better change. So I would say, how do you allocate your time and doing those things that make you happy is probably the other answer. Yeah. I love that heard the same podcast on Joe Rogan and it was, it struck me too. It was the same thing. It was like, yeah, I was going to buy it, you know, build this like a Ironman house or Ironman house, or I guess the Mars kind of think the Mars thing might be more important on these projects, you know, but that's, that's funny and it gives it an even on the highest scale, it still makes sense for your life, right. And what you can do on your level, wherever you are in your life, that you get to put those in place. And so I've absolutely enjoyed this. This has been awesome. Super appreciate what you're doing. I'm going to definitely continue follow up and see what you're doing More and just be involved and for others, uh, angel capitalist.com, where else is the best way for them to connect with you? I'm very much active on Facebook. So they'll we'll Crozier. Uh, angel capitalist has got a page there. Angel capitalist.com. Cap ex ventures is my other business. That's more multifamily centric. So you can reach me there too. But any one of those will get to me happy to talk to anyone who is interested in the same things. Yeah. Business real estate growth. Love it. Well, thank you so much. Really appreciate your time. This has been great. Thank you everyone. Listen. Super appreciate you guys. Talk to you shortly. Join us by your second cup of coffee. Every Monday through Friday at noon live every day, bringing us our best content we've done so far. Super excited, super engaging bunch of great guests. We're here to answer your questions in. So appreciating listening, make sure to check this out. Can't wait to see you. See acast.com/privacy for privacy and opt-out information.
Meet Octavio Herrera: He is the co-founder and Executive VP of Lucid Sight. A frontier gaming company exploring the latest in game technologies. Octavio has been a serial entrepreneur for almost two decades. He started his first company, MediaDefender, in 2000, which became the largest anti-piracy company in the world. A company that defended artists and musicians against the likes of Napster… that company sold for $42.5 million just 5 years later. After that Octavio co-founded Jirbo, a mobile game company, a pioneer of games on the iPhone. They created 15 of the first 100 free games available on the iPhone. Jirbo pivoted their focus, changed their named to AdColony, and soon became leading mobile video advertising platform trusted by top grossing mobile app developers and Fortune 500 brands. AdColony was purchased by Opera Software for $350MM in 2014. He’s also an active angel investor, a husband and father of 2, Obama scholar. The list goes on. And today we are going to hear a little bit of his story of entrepreneurial success but also how he has continued to follow his heart, his passion and stayed true to who his is. We are also going to look at how he views leadership, building teams, and bringing out the best in the people around him. ... Want more wisdom and happiness in your life? > Join us at InJoyDaily.com for free daily inspiration and a home for positivity.
Meet Octavio Herrera: He is the co-founder and Executive VP of Lucid Sight. A frontier gaming company exploring the latest in game technologies. Octavio has been a serial entrepreneur for almost two decades. He started his first company, MediaDefender, in 2000, which became the largest anti-piracy company in the world. A company that defended artists and musicians against the likes of Napster… that company sold for $42.5 million just 5 years later. After that Octavio co-founded Jirbo, a mobile game company, a pioneer of games on the iPhone. They created 15 of the first 100 free games available on the iPhone. Jirbo pivoted their focus, changed their named to AdColony, and soon became leading mobile video advertising platform trusted by top grossing mobile app developers and Fortune 500 brands. AdColony was purchased by Opera Software for $350MM in 2014. He’s also an active angel investor, a husband and father of 2, Obama scholar. The list goes on. And today we are going to hear a little bit of his story of entrepreneurial success but also how he has continued to follow his heart, his passion and stayed true to who his is. We are also going to look at how he views leadership, building teams, and bringing out the best in the people around him. ... Want more wisdom and happiness in your life? > Join us at InJoyDaily.com for free daily inspiration and a home for positivity.
Mr. Van Keuren currently works for a Family Office who has over 30 years of experience in contrarian and distressed real estate investing producing a gross IRR of 32% on over 200 deals since 1998. Individually, Mr. Van Keuren has over 25 years' experience in finance, investment banking, and real estate. Among DJ's experience includes; Raising and securing over $350MM in capital from Institutional Investors, Private Equity Funds, Family Offices, and Direct Capital Sources. Mr. Van Keuren has been a Director of capital markets (equity & debt) for both a domestic and international real estate development company with a focus on luxury condominiums, luxury multifamily apartments, active adult communities & hotels. Additional experience includes acting Director at a boutique investment banking firm where he focused on real estate and energy, COO for ONYX Capital, an alternative asset, real estate due diligence and capital markets group and Managing Director for the Horison Management Group where he acted as the Fund Manager for the American Dream Real Estate Fund.Mr. Van Keuren is a member of the Harvard Alumni Association, past President and Board Member for the Harvard Real Estate Alumni Organization (HREAO) and a Board Member for the Alumni Advisory Board at the Real Estate Academic Initiative at Harvard (REAI). Mr. Van Keuren is also the founder of www.usfamilyofficerealestate.com. DJ received his B.A. from Ball State University, attended graduate studies in Real Estate from the NYU Schack Real Estate Institute, and received his Masters Degree from Harvard University in Management and Finance.
Hunter is back on the show today to share a valuable skill set for almost everyone listening. If you’re a passive investor, you can use this information to vet all the deals that come your way. For active investors, putting together deals and looking for money from investors, you can use this information to bring the best package to your investors possible. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “If they say they have a contractor that has completed $100 million of assets with them, call the contractor and see if that matches up” - Hunter Thompson Hunter Thompson Real Estate Background: Founder of Cash Flow Connections, a real estate syndication company Has helped investors allocate capital to over 100 properties, which have a combined asset value of $350MM. Host of the Cash Flow Connections podcast, which helps investors learn from intricacies of commercial real estate Based in Los Angeles, California Listen to his previous episode here: Say hi to him at: Get more real estate investing tips every week by subscribing for our newsletter at Best Ever Listeners: Do you need debt, equity, or a loan guarantor for your deals? Eastern Union Funding and Arbor Realty Trust are the companies to talk to, specifically Marc Belsky. I have used him for both agency debt, help with the equity raise, and my consulting clients have successfully closed deals with Marc’s help. See how Marc can help you by calling him at 212-897-9875 or emailing him
What does it take to build success? Jim Akers shares why community is the key to business success. You can not get where you want to go on your own. We were created for community. In entrepreneurship a trusted coach, mentor, and leader will help you on the journey. It's the support of each other and input that can drive us past fear, failure, and other obstacles to make our dreams real!In the episode, we also discuss pivoting your business, being an ordinary person living an extraordinary life, giving more than you take, finding unlikely sources of clarity, focusing on process, firing your friends, flourishing in life, asking for help, doing things that matter, finishing strong, and much more.Jim Akers is the Founder and President of J.D. Akers & Associates.Jim is a graduate of Washington State University, earned his M.B.A. from Pepperdine University in Organizational Behavior, and a Certificate in Advanced Management from Stanford University.Today Jim is a leader, achievement coach, author and speaker focused on helping people clarify and win at what matters most.Early in his career, Jim wrote “How to Win the Achievement Game” a self-published guide to building a successful life plan. While in the midst being newly married, completing an M.B.A., and pursuing a career he sold nearly 3,000 copies. By way of “How to Win the Achievement Game,” Jim was invited to speak to the senior leadership of Rockwell International’s Space Shuttle team on performance and achievement when he was 25 years old.After four award winning years in commission sales, Jim was named Vice President of Sales at the age of 29. Jim lead sales growth from $350MM a $500MM resulting in this privately held company to be acquired by International Paper. At International Paper, Jim quickly rose through a number of leadership roles. But when cancer prematurely took the life of a family member he set significant career advancement on the sidelines, and moved back to Southern California to support his family.Jim became one of the youngest Group Vice President’s in International Paper history leading a $1BB business with 21 locations and 1,200 employees serving customers around the globe with packaging, custom packaging design, facility supplies, and printing papers. If you have touched an iPad or iPhone you touched Jim’s team’s work.In 2013, after 25 years as a senior corporate leader Jim achieved his dream to retire by the age of 55.Jim didn’t retire but redeployed. His love for coaching, mentoring, and leadership lead him to turn his full attention to helping people clarity and win at what matters most to them.People’s thirst for encouragement led Jim to launch Impactful Notes—a free service that delivers a powerful note of inspiration and encouragement on a daily basis.Jim’s newest book, “Tape Breakers, How to Positively Impact the People You Love, The People You Lead, and the Causes that Stir Your Heart,” was released in 2016 and was a “Top New Release” on Amazon.Jim and his wife Kristi have been married for 36 years and live in Southern CaliforniaJim’s clients include The PGA of America, Dove Mortgage, International Paper, Old Castle Industries, Shaw Industries, and SouthBay SearchInterview Segments - This is where you can find each section of the interview.Intro / About Jim: 1:00 minutesInterview: 3:20 minutesRapid Rire Questions: 37:20 minutesWebsite: http://jimdakers.com/Facebook Group: https://www.facebook.com/groups/ClaritytoWin/Special Offer: Text jumblethink to 33444
Hunter was always an entrepreneur. He started as a high schooler selling parking spots out of his backyard when there was an event going on. His first venture into investing was in the stock market. Hunter didn’t like that some many variables that were out of his control, could determine how much money he made or lost. Enter real estate. Now Hunter and his team syndicate opportunities, most notably self storage and mobile home parks. Today we’ll hear higher level tips and suggestions for investing in those two asset classes. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “There are more self storage facilities in the U.S. than there are Subways, Starbucks, and McDonalds combined” - Hunter Thompson Hunter Thompson Real Estate Background: - Founder of Cash Flow Connections, a real estate syndication company - Has helped investors allocate capital to over 100 properties, which have a combined asset value of $350MM. - Host of the Cash Flow Connections podcast, which helps investors learn from intricacies of commercial real estate - Based in Los Angeles, California - Say hi to him at: - Best Ever Book: 4 Hour Work Week Made Possible Because of Our Best Ever Sponsors:Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.
Well, here we are in the first day of the 4th quarter of 2017. Many of you may not have thought about the significance of October 1st… In fact, I bet you or someone you know is getting geared up for the 31st when all of North America celebrates Halloween as you listen to this podcast. Halloween spending this year will top 7BB dollars… And, here in the States, Americans will spend 350MM dollars on costumes for their pets alone! So, while you may have seen turmoil on cable news, where the whole of the nation is scoured to find every negative aspect of life and present it to you in living color 24 hours a day… The reality is that Americans continue to enjoy one of the highest, if not the highest, standards of living in the world. And, they will no doubt enjoy many a pumpkin spice latte whlie they parade their costumed pets around as Halloween draws closer. Now, I love Halloween as much as the next guy. It was and is one of my favorite holidays throughout the year, yet today I want to stress one fact to you: October 1st is far more important than October 31st. Why, you ask? Well, simply because it is the first day of the last quarter of the year. Yep, only three more months before 2017 goes away forever, and 2018 arrives with a fresh batch of resolutions to break. Only 3 more months to accomplish at the things you set out to accomplish at the beginning of the year.
Let the other person do the work. Today’s Best Ever guest shares his secrets on how he has become a full-time passive income investor. He lets other people put the deals together and he brings the money to participate. He has to be very selective with whom he invests and he shares his tips on how to pick the right person. Jeremy Roll’s real estate background: – Investor in 50 different opportunities worth over $350MM – Focused on being a full-time passive cash flow investor – President of Roll Investment Group – Over 12 years experience investing
Let the other person do the work. Today’s Best Ever guest shares his secrets on how he has become a full-time passive income investor. He lets other people put the deals together and he brings the money to participate. He has to be very selective with whom he invests and he shares his tips on how to pick the right person. Tweetable quote: With passive investments you decrease your risk by investing in wealthier people. Jeremy Roll’s real estate background: - Investor in 50 different opportunities worth over $350MM - Focused on being a full-time passive cash flow investor - President of Roll Investment Group - Over 12 years experience investing Subscribe in and so you don't miss an episode! Sponsored by: Door Devil - visit and enter "bestever" to get an exclusive 20% discount on your purchase.
© 2020-2025 Ivy Podcast Discovery LLC
