Podcast appearances and mentions of august biniaz

August Biniaz is the Co-founder and Chief Investment Officer of CPI Capital. CPI Capital is a Real Estate Private Equity firm with its mandate to acquire Multifamily assets, utilizing the value-add business model while partnering with passive investors as Limited Partners. August was instrumental in the closing of over $208 million of multifamily assets since inception.August is the host of Real Estate Investing Demystified PodCast. He educates real estate investors through his Podcast, YouTube shows, Webinars, and his weekly newsletter "Real Estate Weekly".Chapters00:00 Market Overview and Economic Impact04:50 August Biniaz: Background and Journey in Real Estate10:06 Navigating Cross-Border Investments: Canadian to US14:27 International Investor Considerations and Strategies17:25 Building the Right Team and the BTR Asset Class21:02 The Rise of Build-to-Rent Communities23:44 Investment Strategies in Build-to-Rent25:36 Portfolio Insights and Market Trends28:38 Education and Immersion in Passive Investing31:35 Due Diligence in Alternative Investments34:03 Personal Growth and Investment Philosophy39:52 outro RANDY SMITHConnect 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 @randysmithinvestorKeywordsreal estate, passive investing, market trends, economic impact, cross-border investments, build-to-rent, investment strategies, August Biniaz, CPI Capital, multifamily investments

What does it take to navigate the complexities of cross-border real estate investing? In this episode, we dive into the nuanced world of Canadian and U.S. real estate markets with August Biniaz, Chief Investment Officer of CPI Capital and an expert in multifamily and built-to-rent investments. August shares valuable insights on how to bridge the gap between these two markets, leveraging his extensive experience in real estate private equity, construction management, and development. Key Takeaways: - Canadian vs. U.S. Real Estate: Explore the stark differences in market dynamics, from cap rates to tax incentives, and how they influence investment strategies. - Navigating Cross-Border Investments: Learn about the challenges of structuring investments to avoid double taxation and comply with U.S. and Canadian regulations. - Future Trends in Development: Understand how technology like modular homes and 3D printing is shaping the future of real estate construction and investment. - Built-to-Rent Explained: Discover why built-to-rent communities are gaining traction and how they cater to both renters by necessity and choice. - Lessons on Debt and Investor Relationships: Gain practical advice on choosing the right debt structures and staying true to your fiduciary duty to investors. - Overcoming Industry Challenges: Learn how to creatively address issues like rising insurance costs, labor shortages, and tariffs affecting construction. - Living an Extraordinary Life: August reflects on balancing hard work, smart decisions, and building a meaningful life beyond financial success. Join us for this insightful conversation to deepen your understanding of real estate investing across borders and prepare for the evolving landscape of 2025 and beyond. Connect with August Biniaz: https://www.linkedin.com/in/augustbiniaz/ Don't forget to like, subscribe, and leave a comment! Let us know the topics you'd like us to cover next. Be bold, be strong, and be extraordinary. Are you REady2Scale Your Multifamily Investments? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com. To reach Ellie & the Blue Lake team, email them at info@bluelake-capital.com or complete our investor form at www.bluelake-capital.com/new-investor-form and they'll connect with you. Credits Producer: Blue Lake Capital Strategist: Syed Mahmood Editor: Emma Walker Opening music: Pomplamoose Timestamps 00:00 Introduction and Guest Introduction 01:44 Understanding the Canadian Real Estate Market 05:26 Cross-Border Real Estate Investments 10:20 Challenges and Innovations in Construction 16:00 The Rise of Build-to-Rent Communities 26:31 Lightning Round and Closing Thoughts Learn more about your ad choices. Visit megaphone.fm/adchoices

BIO: Ava Benesocky is an author, public speaker, educator, CEO, and Co-Founder of CPI Capital, a uniquely innovative real estate private equity firm that helps investors invest in multifamily assets.STORY: Ava became passionate about real estate when she was young. At 15, she convinced her parents to invest $13,000 in a course by Scott McGillivray on renovating and selling homes. Ava never did anything with the course, which made it the worst investment ever.LEARNING: If you invest in anything, ensure you're ready to be committed, take action, and focus completely on it. Beware of shiny object syndrome. “If you're ever going to invest in something, you have to take action, or else it's a total waste of time and money. And what's the point?”Ava Benesocky Guest profileAva Benesocky is an author, public speaker, educator, CEO, and Co-Founder of CPI Capital, a uniquely innovative real estate private equity firm that helps investors invest in multifamily assets.She is the Host of Real Estate Investing Demystified with August Biniaz, who was Ep 784.Ava has been featured in publications such as Forbes, Yahoo Finance, and numerous PodCasts and YouTube shows. Ava helps busy professionals earn passive income through Multifamily Real Estate investments.Worst investment everAva became passionate about real estate when she was young. At 15, she convinced her parents to invest $13,000 in a course by Scott McGillivray on renovating and selling homes. Ava never did anything with the course, which made it the worst investment ever.She tried to get it started, but there were so many moving components, and the process was so convoluted that she got scared. It all fell through the cracks. Ava never ended up taking action on it.Lessons learnedIf you invest in anything, ensure you're ready to be committed, take action, and focus completely on it.Beware of shiny object syndrome.Andrew's takeawaysEmbrace boring, dull, consistent, and regular assets.Before buying a course, ask yourself if you have the time to commit to it or if it is better to get someone to help you achieve what you could if you took the course.Actionable adviceRefrain from being impulsive when buying courses. Take your time and ask yourself if you have time for it. Can you block it off on your calendar? If not, do not get it.Ava's recommendationsAva recommends listening to her podcast Real Estate Investing Demystified, where she shares her personal experiences, interviews industry experts, and provides advice on real estate investing and other investment opportunities.No.1 goal for the next 12 monthsAva's number one goal for the next 12 months is to continue building a couple of departments in the company and closing on a couple more assets. On a personal level, she will continue taking care of her mind, body, and family.Parting words “Thank you so much for letting me be

Unlock the secrets to scaling your real estate investments like a pro with August Biniaz! In this episode, August shares his incredible journey from getting his real estate license to founding CPI Capital and achieving success in multifamily real estate syndications. Discover how strategic renovations, understanding market dynamics, and building strong partnerships can lead you to generational wealth.August dives deep into:His transition from real estate agent to developer and investorThe benefits of multifamily assets and syndication in real estate investingTips on increasing property value and maximizing rental incomeBuilding and nurturing investor relationshipsNavigating cross-border investments between Canada and the USConnect with August Biniaz and learn more about his projects at cpiccapital.com! Key Takeaways:Real estate investing strategies to scale your portfolioThe importance of market analysis and property managementLeveraging partnerships and building a strong teamThe role of marketing and branding in attracting investorsCTAs:Subscribe to the PODCAST! Stay updated with the latest episodes.SUPPORT THE SHOW! Like, share, and review our content.Join the Community: Network with fellow real estate enthusiasts and investors.Get Exclusive Insights: Visit cpiccapital.com to explore investment opportunities."Real estate always appreciates faster than inflation, making it a powerful tool for building generational wealth." - August BiniazDon't miss out on these invaluable insights! Subscribe, like, and share this episode to help others on their real estate investment journey.#PassiveInvesting #PrivateEquity #LuxuryHomes #RealEstateTips #AugustBiniazCHAPTERS:00:00 - Intro00:30 - How August Biniaz Got into Real Estate04:11 - How to Force Appreciate a Property05:36 - How CPI Capital Finds Properties08:41 - What is a Syndication11:20 - Dealing with the SEC and Canadian Securities14:50 - Real Estate Taxes19:28 - Marketing to Investors19:50 - How to Establish Your Reputation24:50 - Team Building and Marketing28:10 - The Counterintuitive Nature of Marketing29:38 - CPI Capital's Current Project31:20 - What We Missed34:35 - Rapid FireRealDealCRM.comRealDealCRM is your Real Estate Investing Virtual Assistant. A Real Estate Investing CRM for Real Estate Investors created by Real Estate Investors. SMS, Stealth Voicemails, Phone, Voicemail, Funnels, and AUTOMATION in a single platform! Check out more details at RealDealCRM.comLIKE • SHARE • JOIN • REVIEWWebsiteJoin the REI Mastermind Network on Locals!Apple PodcastsGoogle PodcastsYouTube

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

BIO: August Biniaz is the Co-founder and Chief Investment Officer of CPI Capital. CPI Capital is a real estate private equity firm with the mandate to acquire multifamily assets while partnering with passive investors as limited partners.STORY: Upon looking back and reflecting on the worst investment decision August has ever made, he says it's his time, shiny object syndrome, getting excited about new investment ideas, and then putting a lot of time into learning about those ideas and losing that time.LEARNING: Don't be a jack of all trades and a master of none. Focus on your primary business. Stay in your lane. “Being focused is probably the greatest asset anyone could have when it comes to success in business or otherwise.”August Biniaz Guest profileAugust Biniaz is the Co-founder and Chief Investment Officer of CPI Capital. CPI Capital is a real estate private equity firm with the mandate to acquire multifamily assets while partnering with passive investors as limited partners. August was instrumental in the closing of over $208 million of multifamily assets since inception.August educates real estate investors through webinars, YouTube shows, weekly newsletters, and one-on-one coaching. He is the host of Real Estate Investing Demystified PodCast.Worst investment everUpon looking back and reflecting on the worst investment decision August has ever made, he says it's his time, shiny object syndrome, getting excited about new investment ideas, and then putting a lot of time into learning about those ideas and losing that time.In one incident, when crypto came around, August got involved in the crypto world, trying to connect with investors, creating businesses within the crypto world, and putting his brainpower and time into learning about this new asset class. However, August went down a rabbit hole that took him away from his main focus.In another incident, an asset class came across his desk. This was the build-to-rent single-family rentals or BTRSFR. After the great financial crisis in 2008, single-family homes in the US were selling for pennies on the dollar. Wall Street got involved, knowing that the market would eventually turn around, and started buying portfolios of single-family homes. However, as they managed these properties, they realized they were handled similarly to multifamily ones. So, they created this new asset class: build to rent single-family rentals.August brought this idea to investors in his database and invested in a development project. It was a former purchase contract in which August partnered with a developer. This deal created some difficulties for his investors, partners, and himself. He never closed on that deal. This deal diverted August's focus from his main business, and he lost opportunities there.Lessons learnedBeing a specialist is very important if you're dealing with investors and have partners. Don't be a jack of all trades and a master of none.Focus on your primary business.Stay in your lane.Have tunnel vision in the business that you're part ofUnderstand what's happening in macro, economic, and political situations.Andrew's takeawaysWhen things aren't working well, it's apparent that you may need to find something else or double down on your efforts to fix them.Actionable adviceIf you're in

August Biniaz is a seasoned veteran in the commercial real estate sphere, boasting more than 15 years of fruitful industry experience. He has played a crucial role in developing a personal brand and creating thought leadership content in private equity. Establishing CPI Capital from the ground up, August works diligently with U.S. operating partners, controlling an impressive array of assets and projects to fuel success. His combined expertise and innovative tactics have resulted in the closure of multi-family assets exceeding $200 million. Join our conversation with August as he shares the secrets to building your very own private equity firm from scratch, empowering you to achieve the outcome you've always envisioned - creating a thriving and esteemed enterprise with a robust investor network. August shares… ·         Essential techniques for building fruitful investor relationships in the realm of real estate. ·         Srategies for effectively scaling and developing a profitable real estate venture. ·         Unique investing mentalities between Canadian and US investors. ·         Complexities and obstacles associated with carrying out business operations in Canada and the US. ·         The significance of constructing a robust brand image and nurturing investor relations in the real estate sector. ·         And so much more!   Find August on:   Website: https://www.cpicapital.ca/ LinkedIn: https://ca.linkedin.com/in/august-biniaz-23291460 Twitter: https://twitter.com/SoheilBiniaz     Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you! Thank you in advance!

Going Long Podcast SERIES HIGHLIGHT Episode 325: Invest Across Country Borders to Accelerate R.E.I. Success To see the Video Version of today's conversation just CLICK HERE. In this SERIES HIGHLIGHT episode with today's guests, August Biniaz & Ava Benesocky, you'll learn the following:   [00:17 - 04:37] Show introduction with comments from Billy. [04:36 - 08:16] Guest introduction and first questions. [08:16 - 13:17] The backstory and decisions made that led August & Ava to this point in their journey.  [13:17 -18:06] How August and Ava felt when they first discovered Multi Family Syndication.  [18:06 - 25:21] Why August & Ava decided to invest long distance and outside of their own country in Real Assets, rather than only investing in their home market locations. [25:21 - 29:50] The ways that August & Ava bridge the issues of working with different currencies when it comes to investing, and how they are able to help others with these kinds of concerns.  [29:50 - 35:58] How August & Ava have gone about creating successful teams to ensure successful long distance multifamily investing.  [35:58 - 38:43] Some of the Tax Strategies that can help you grow your wealth when investing in the US from overseas.  [38:43 - 43:00] How August & Ava have been able to leverage technology such as online video meetings and other contemporary systems to streamline the investing workflow.    Here's what August & Ava shared with us during today's conversation:    Where in the world August & Ava are based currently: Vancouver, Canada. The most positive thing to happen in the past 24 hours: Found someone to help them with some technical issues, found a great person that they may want to partner with, and also have made a connection with a powerful person that they've been wanting to connect with for a long time! Favourite European City: Saint-Tropez A mistake that August & Ava would like you to learn from so that you don't have to pay full price: - August : If you have a concern or an issue while having a conversation don't just nod your head but ask for clarification! - Ava : Rather than try to build everything totally on your own from the ground up, look for those who are successful in the industry and follow their lead while putting your own spin on it! Be sure to reach out and connect with August Biniaz & Ava Benesocky by using the info below:  Website: https://www.cpicapital.ca/  Email: ava@cpacapital.ca  LinkedIn: https://ca.linkedin.com/in/avabenesocky-cpi-capital and https://ca.linkedin.com/in/august-biniaz-23291460  YouTube: https://www.youtube.com/channel/UCBliV4We30bjaKqmqri8jQg   To see the Video Version of today's conversation just CLICK HERE.   How to leave a review for The Going Long Podcast: https://youtu.be/qfRqLVcf8UI    Start taking action TODAY so that you can gain more Education and Control over your financial life.   Are you an Accredited Investor that's tired of getting crushed by paying so much in income tax? Find out how we're helping others like you keep Uncle Sam out of your pocket. Go to https://www.firstgencp.com/goinglong   Be sure to connect with Billy!  He's made it easy for you to do…Just go to any of these sites:   Website: www.billykeels.com Youtube: billykeels Facebook: Billy Keels Fan Page Instagram: @billykeels Twitter: @billykeels LinkedIn: Billy Keels

06-10-23See omnystudio.com/listener for privacy information.

August Biniaz is the Co-founder and COO of CPI Capital. CPI Capital is a Real Estate Private Equity firm with its mandate to acquire Multifamily and BTR-SFR assets while partnering with passive investors as Limited Partners.  August was instrumental in the closing of over $208 million of multifamily assets since inception. August educates real estate investors through Webinars, YouTube shows, Weekly Newsletter and one-on-one coaching.  He is the host of Real Estate Investing Demystified PodCast. August, a seasoned real estate investor, has successfully navigated various areas of the industry while branching out into other business ventures. In his pursuit of financial prosperity, he discovered the key to wealth building and became enamored with the art of investing. Get ready to rent, because August has a game-changing concept: 'build to rent'. These portfolios of single family homes are designed and run specifically for renting, and perform just like multifamily buildings. This innovative asset class is on the rise, and definitely worth keeping an eye on.  Catch the must-see episode featuring August - you won't want to miss it!   In this episode we discuss:  August's background and how he got into space.  The structure of investing in the U.S. from an international country.  August's journey into real estate and building wealth.  Insights on the ‘Build to Rent' asset class.  August's advice on personal performance that yielded the biggest results.  Connect with August Biniaz:  Linkedin: https://www.linkedin.com/in/august-biniaz-23291460/  Youtube: https://www.youtube.com/channel/UCBliV4We30bjaKqmqri8jQg/videos    Connect with Pantheon Investments:  Join the Pantheon Investor Club: https://pantheoninvest.com/investor-signup/  Website: www.pantheoninvest.com  Podcast: www.pantheoninvest.com/podcast  Facebook: https://www.facebook.com/PantheonInvest  Instagram: www.instagram.com/pantheoninvest  LinkedIn: https://www.linkedin.com/company/pantheon-invest  Twitter: https://twitter.com/Pantheon_Invest   Youtube: https://www.youtube.com/channel/UC8EsPFlwQUpMXgRMvrmbAfQ  Holistic Wealth Strategy Book: https://www.amazon.com/Holistic-Wealth-Strategy-Framework-Extraordinary-ebook/dp/B0BX4SDMS7/ref=sr_1_1?keywords=holistic+wealth+strategy&qid=1681472301&sprefix=holistic+wealth%2Caps%2C99&sr=8-1  Email: info@pantheoninvest.com     

On this encore episode of the Passive Income Attorney Podcast, Seth is joined by Canadian passive investing experts Ava Benesocky and August Biniaz as they talk about the importance of getting started with your passive investing empire now, so that you can live a life of freedom. Inside this episode you'll discover the mindset and strategies you'll need to make your first investment. Ava and August are co-founders of CPI Capital, a Canada-based real estate investment firm focused on multifamily investment opportunities in the United States. They share their discovery of the enlightened path in going from real estate agents to real estate investors. Enjoy the episode! “Educate yourself as much as you can, any chance you get. . .if you put your mind to it, you can achieve it.” HIGHLIGHTS: Here's a breakdown of what to expect in this episode: How to transition from real estate agent to real estate investor Differences in mindset between agents and investors How the US real estate market compares to the Canadian real estate market Why the United States is the best place in the world to invest in real estate How to invest as an international investor Educational, legal and tax hurdles and issues you need to know to invest internationally The best tips so you can get started with either active or passive investing And so much more!   ABOUT | AVA BENESOCKY AND AUGUST BINIAZ: Ava Benesocky is the CEO, and August Biniaz is the COO and CSO of CPI Capital. Together, they co-founded the company. CPI Capital is a Canada-based real estate investment firm in the business of discovering, acquiring, improving, and actively managing US Multifamily Rental Value-add Real Estate Assets. CPI specializes in identifying largely stabilized, revenue-producing assets that allow it to pay our investors regular distributions immediately after closing the property. Ava started her real estate career nine years ago in Alberta. Daughter of highly-educated accountant parents, she was taught the quality of hard work from a young age. Ava was able to become one of the youngest award-winning top agents at REMAX. Two years ago, Ava relocated to Vancouver. Building strong community connections, networking with real estate professionals, and constantly pursuing knowledge in the real estate field has given Ava the experience needed to succeed. Ava's greatest asset is her ability to cultivate long-lasting, trusting relationships with clients and investors. Putting people before profits is a model that has helped Ava be successful and appreciated. August is a real estate investment professional with a passion for sharing his knowledge and helping others reach their financial goals. He is the co-founder of Canadian Passive Investing, where he enables clients to earn substantial returns by investing in multifamily properties in the hottest US markets. August's real estate journey began as an agent in British Columbia, where he focused on local market trends and understanding his client base to meet their needs better. At this time, August was also flipping properties at significant margins. After numerous projects, August realized his interest in the construction industry and started his own development company, where he built custom homes.   FIND | AVA BENESOCKY AND AUGUST BINIAZ: YouTube: https://www.youtube.com/channel/UCBliV4We30bjaKqmqri8jQg Website: https://www.cpicapital.ca Investor Sign Up: http://cpicapital.cpicapital.ca/investor Newsletter Sign Up: http://cpicapital.cpicapital.ca/newsletter   CONNECT | SETH BRADLEY: Get Started | Download The Freedom Blueprint: http://www.attorneybydesign.com Subscribe and Leave a Rating and Review: Apple: https://podcasts.apple.com/us/podcast/the-passive-income-attorney-podcast/id1543049208 Spotify: https://open.spotify.com/show/5a0Qp9G2x337nZCDWoVgoO?si=MKn01_t8Tfu0JBZCnagrCw Join EPIC | The Esquire Passive Investor Club: https://passiveincomeattorney.com/join-the-passive-income/ Join | The Passive Income Attorneys Facebook Group: https://www.facebook.com/groups/passiveincomeattorneys Follow Us: Website:  https://passiveincomeattorney.com/ LinkedIn: https://www.linkedin.com/in/sethpaulbradley/ Facebook: https://www.facebook.com/passiveincomeattorney Instagram: https://www.instagram.com/passiveincomeattorney/

On this encore episode of the Passive Income Attorney Podcast, Seth is joined by Canadian passive investing experts Ava Benesocky and August Biniaz as they talk about the importance of getting started with your passive investing empire now, so that you can live a life of freedom. Inside this episode you'll discover the mindset and strategies you'll need to make your first investment. Ava and August are co-founders of CPI Capital, a Canada-based real estate investment firm focused on multifamily investment opportunities in the United States. They share their discovery of the enlightened path in going from real estate agents to real estate investors. Enjoy the episode! “Educate yourself as much as you can, any chance you get. . .if you put your mind to it, you can achieve it.” HIGHLIGHTS: Here's a breakdown of what to expect in this episode: How to transition from real estate agent to real estate investor Differences in mindset between agents and investors How the US real estate market compares to the Canadian real estate market Why the United States is the best place in the world to invest in real estate How to invest as an international investor Educational, legal and tax hurdles and issues you need to know to invest internationally The best tips so you can get started with either active or passive investing And so much more!   ABOUT | AVA BENESOCKY AND AUGUST BINIAZ: Ava Benesocky is the CEO, and August Biniaz is the COO and CSO of CPI Capital. Together, they co-founded the company. CPI Capital is a Canada-based real estate investment firm in the business of discovering, acquiring, improving, and actively managing US Multifamily Rental Value-add Real Estate Assets. CPI specializes in identifying largely stabilized, revenue-producing assets that allow it to pay our investors regular distributions immediately after closing the property. Ava started her real estate career nine years ago in Alberta. Daughter of highly-educated accountant parents, she was taught the quality of hard work from a young age. Ava was able to become one of the youngest award-winning top agents at REMAX. Two years ago, Ava relocated to Vancouver. Building strong community connections, networking with real estate professionals, and constantly pursuing knowledge in the real estate field has given Ava the experience needed to succeed. Ava's greatest asset is her ability to cultivate long-lasting, trusting relationships with clients and investors. Putting people before profits is a model that has helped Ava be successful and appreciated. August is a real estate investment professional with a passion for sharing his knowledge and helping others reach their financial goals. He is the co-founder of Canadian Passive Investing, where he enables clients to earn substantial returns by investing in multifamily properties in the hottest US markets. August's real estate journey began as an agent in British Columbia, where he focused on local market trends and understanding his client base to meet their needs better. At this time, August was also flipping properties at significant margins. After numerous projects, August realized his interest in the construction industry and started his own development company, where he built custom homes.   FIND | AVA BENESOCKY AND AUGUST BINIAZ: YouTube: https://www.youtube.com/channel/UCBliV4We30bjaKqmqri8jQg Website: https://www.cpicapital.ca Investor Sign Up: http://cpicapital.cpicapital.ca/investor Newsletter Sign Up: http://cpicapital.cpicapital.ca/newsletter   CONNECT | SETH BRADLEY: Get Started | Download The Freedom Blueprint: http://www.attorneybydesign.com Subscribe and Leave a Rating and Review: Apple: https://podcasts.apple.com/us/podcast/the-passive-income-attorney-podcast/id1543049208 Spotify: https://open.spotify.com/show/5a0Qp9G2x337nZCDWoVgoO?si=MKn01_t8Tfu0JBZCnagrCw Join EPIC | The Esquire Passive Investor Club: https://passiveincomeattorney.com/join-the-passive-income/ Join | The Passive Income Attorneys Facebook Group: https://www.facebook.com/groups/passiveincomeattorneys Follow Us: Website:  https://passiveincomeattorney.com/ LinkedIn: https://www.linkedin.com/in/sethpaulbradley/ Facebook: https://www.facebook.com/passiveincomeattorney Instagram: https://www.instagram.com/passiveincomeattorney/

August Biniaz is the Co-founder and COO of CPI Capital. CPI Capital is a Real Estate Private Equity firm with its mandate to acquire Multifamily and BTR-SFR assets while partnering with passive investors as Limited Partners. August was instrumental in the closing of over $208 million of multifamily assets since inception.  August educates real estate investors through Webinars, YouTube shows, Weekly Newsletter and one-on-one coaching. He is the host of Real Estate Investing Demystified PodCast - https://podcasts.apple.com/ca/podcast/real-estate-investing-demystified/id1650186768 In this episode we talked about: August's Background and how he Found his Niche in Private Equity Nuances and Differences between Investing in the US and Investing in Canada Single-Family Rental Deals Syndication August's Geography of Deals Syndication Structure Limited Partnership Syndication VS Joint Venture Difference between Funds and Syndication State of the Economy Overview Advice to Newcomers Resources and Lesson Learned   Useful links: Books: “Best Ever Apartment Syndication Book” by Joe Fairless “Raising Capital for Real Estate: How to Attract Investors, Establish Credibility, and Fund Deals” by Hunter Thompson https://www.linkedin.com/in/august-biniaz-23291460/?originalSubdomain=ca https://www.cpicapital.ca/ https://www.youtube.com/channel/UCBliV4We30bjaKqmqri8jQg Transcriptions: Jesse (0s): Welcome to the Working Capital Real Estate Podcast. My name's Jessica Galley, and on this show we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time. Ladies and gentlemen, my name's Jessica Galley, and you're listening to Working Capital, the Real Estate Podcast. Our guest today is August Biaz. August is the co-founder and c o of c p i, capital c p i.   Capital is a real estate private equity firm with its mandate to acquire multi-family and B T R S F R assets, and we'll get into what that is shortly while partnering with passive investors as limited partners. August has been instrumental in the closing of over 208 million of multi-family assets since its inception. August educates real estate investors through webinars, YouTube shows, weekly newsletter, and one-on-one coaching. He is the host of real estate investing demystified podcasts. August. How you doing?   August (1m 1s): Great, man. We're doing much better now that I'm here with you, brother.   Jesse (1m 4s): Beautiful. Well, I'm glad that we finally were able to do this. There's a little back and forth I was traveling, but you look great. You always look sharp for those that are listening full suit and tie, so I'm excited to to chat today.   August (1m 17s): Absolutely. You gotta stay in character, right? When you're in private equity, you just gotta be in character all times. Yeah,   Jesse (1m 23s): The August avatar, So August, you know, for those that don't know, we, we did have a conversation, I think it was the beginning of 20, or the end of 2021. Time flies. I can't believe we're gonna be in 2023 very soon here. But we chatted a little bit of, a little bit about multi-family investing, the economy, and you know, I tell guests if I haven't talked to them in over a year that, you know, nothing really of, of substances happened since we last talked, so I'm sure that, I'm sure we'll have nothing to talk about today.   But yeah, I mean, for those that don't know you August, why don't you give a little bit of a background about, of how you got into real estate in general, and then maybe how you kind of found your niche in, in private equity.   August (2m 7s): Absolutely, yes. I've, I've spent the majority of my professional career in real estate. Started out as a real estate agent 17 years ago, and I wasn't the best at being a real estate agent, but I was great at finding deals and, and putting deals together. I I started doing small fix and flips, started my own general contracting company, and then I started building single family homes more on the luxury side, both spec and custom, always wanted to scale a deal. Came across my desk, which was a five single family home land assembly that the, that we could, we were, we were able to rezone and build townhomes.   We were able to build Tony Townhomes. I syndicated that deal before I even knew what this concept of syndication was, was basically I found a deal. I I, I went to some investors and brought on some JV investors and basically purchased that property. My experience was ma mostly in single family. So I brought on the experts, I brought on AR architect, I brought on a gc, and we, we started processing, we started building that project. And I fell in love with this model, with this concept of finding the deal, finding the investors, bringing all the experts on, and then, you know, being compensated relative to the performance of the project, the performance of the asset.   And I wanted to learn more about the space, how real estate private equity worked, how the world of syndication worked. And most of the content was coming from the us. You know, syndication wasn't very common and still, it still isn't very common here in Canada, but in the US it seemed to be very common. A lot of podcasts, YouTubes a lot of books, and I'm happy to go over that in a moment. And I realized about us multi-family, particularly the value add business model, and fell in love with that model. Wanted to initially duplicate that model here in, in Canada to be able to buy apartment communities.   There was some hurdles and pain points I faced early on the rent to value ratios. You always hear a complaint in Vancouver or in Toronto that rents are very high, but rents relative to the value of the properties are actually very low. The rent to value ratios, you know, in the US are much higher. In some cases they have a 1% rule where one month's, one as properties, one month rent equals to 1% of the asset value. And here in Vancouver, if you do the same ratio, you're at 20 basis points.   So the rent to value ratios weren't there. And, and also in the US they were, you know, a lot of groups, private equity firms were investing in the Sunbelt because the apartment buildings were garden style and two story, three story. We didn't really have that here in, in, in Canada and really we're not really a, a, a renter's nation like, like the US are. So that was the really the impetus for me to look at the us. And then when I looked at the landscape across Canada, I didn't re, you know, there were very foreign and few groups that were actually investing in US real estate that were syndicating deals here.   So the competition wasn't there. And when I compared that to being a builder here in Vancouver, or being a real estate agent in, in our province, there's over 23,000 real estate agents, and that's a bit of a historic number over 8,500 licensed builders. And when I looked at our space of what syndicating US multifamily deals, there were less than a handful of teams doing it. That was really a start to co-found c p capital with partners with our mandate to purchase US multifamily.   Jesse (5m 34s): Yeah, and I think listeners will know, like we, we try to do on this podcast is I, I try to talk both to US and Canadian investors. You know, being a Canadian myself, I, I experienced the same pain points that you did in terms of the education. I started investing in 2000, 2008, and we've, we've gone light years ahead of where we were even back then in terms of the resources, whether, you know, you're on a bigger pockets forum or you're just on YouTube, but 100%, you know, a lot of talk about the irs, a lot of talk about LLCs and you know, for the Canadians listening, you know, all those pieces have little bits of nuance and it's almost more dangerous when you do have people talking about real estate and you're getting informed, but dangerous in the sense that everything is so close that you kind of get fooled to a certain extent.   Or you can, you can think you're doing something correctly and, and in fact you're doing something that is, you know, abiding by u US law, for example, and, and not Canadian. So, yeah. Can you talk a little bit about that process of, you know, education and some of the differences and nuances between investing in the states as opposed to investing in Canada?   August (6m 47s): Absolutely. And you said it perfectly. I mean, it's, it sounds very similarly, sounds the same. Some of the words are really interchangeable, but they're not. So for example, a term offering memorandum. Offering memorandum is usually a package that a real estate agent in the US puts together and gives to buyers when they wanna buy commercial real estate. And offering memorandum in Canada is an exemption you could use through securities commissions to raise capital. So they sound the same, they look somewhat similar, but they're totally different. And then you talk about, you know, LLCs, limited liability corporations or companies in the US and LLCs are very fashionable.   It, they're a hybrid entity. We don't have LLCs in Canada. We either got corporations or we got limited partnerships. We don't have this hybrid that they do in the us which is very fashionable to use when you're structuring deals. But if LLCs are used in the US to purchase and structure, you know, the, the acquisition of a project, that entity, that structure is not tax efficient for Canadian LP investors. Which, which is a case where they get double tax, they pay their taxes on the US side, but when those funds are repatriated, they have to pay their taxes here in Canada as well.   And in most cases, they're taxed close to 70% of their profits goes to taxes on both sides. So yeah. Now as far as a syndicator, as far as a fund manager, as far as someone raising capital, and now you have to abide by, you know, the regulatory framework on both side of the border. You have in the US the S E C in Canada, you have securities commissions in every province you have certain rules and regulations that are national instruments where it's across the board, but every province has their own rules and regulations.   For example, in in Ontario you have sophisticated investors, you have non-accredited, sophisticated and accredited. In BC you only got accredited and non-accredited. So there's nuances there. You know, when we first started our company, our company was Canadian passive investing because we wanted to cater to Canadian investors and bring us investments for Canadian investors. As soon early on we noticed that a lot of American investors were reaching out to us as well. That's what was, without doing any marketing in the us. So we were like, you know what, know what, let's make the company brand a name, you know, to be able to, you know, service both Canadian, US investors and we change the name to CPI Capital, but now we have to abide by laws on both side of the border.   So if you're syndicating a deal and raising capital from Canadian investors and US investors, this structure has to be tax efficient. The structure has to be compliant. The, the exemptions we're using to raise capital has to abide by regulations on both side of the border. So, yeah.   Jesse (9m 25s): Yeah, and I, I think on that piece too, a lot of what is involved in the marketing of, of these deals is very specific on what you can and can't do. And some of the nuances between the states and Canada are important. You know, the, the nuances in general are important, but you gotta be very careful that you're, you're on side of, of, you know, of the law and of the rules. Yes.   August (9m 48s): I'll touch on that briefly quickly here on as far as the, the, the marketing side. So it, you know, with the securities commission, they're not their educating, there is a lot of content there. Most people that work for security commissioners are actually lawyers. When you look at the names of people that working, they're mostly lawyers. So they're there to sue to basically for bad actors and stop fraudsters. And that's understandable. But also they're, they're, they're not there educating you, so you have to get that education through, you know, speaking with, with attorneys and, and, and, and accountants and legal counsels and what have you.   So for example, as far as advertising in the US is very pretty black and white, not as black and white here in Canada. So in the US if you're using the Regulation D offerings and you're, you're raising capital, so you can most probably either using a 5 0 6 c C for Charlie or 5 0 6 B for Bravo, if you use a private 5 0 6 , you can't advertise the moment that you advertise the deal outside of your own network, you're triggering having to now switch to 5 0 6 , which is only accredited investors.   And 5 0 6 you're allowed to have non-accredited investors. I invest with you up to 35 non-accredited investors. But here in Canada is, is a bit more vague. So it, it doesn't go by any kind of trigger that is at the moment that you advertise, it goes by the exemption that you're using to raise capital. So if you're using the offering memorandum exemption, for example, or the accredited investor exemption, you can advertise as much as you want. You can put it on Facebook, wherever you want, obviously, depends what you're saying. If you're, you gotta make sure that you know, the promises you're making or any claims of guarantees are not there, so on and so forth.   So again, that is another situation, whereas far as fund managers or anyone's looking to start a fund or syndicate a deal, they have to be very careful and follow their guidelines by their Canadian and and US councils.   Jesse (11m 34s): Yeah. And for, for the Canadian side, the, like you said, it's a little bit more vague. And for those, I mean, if anybody's having trouble sleeping and wants to, wants to take a look at this stuff, if you Google National instruments in Canada, that's kind of our version of these exemptions. So I think it's National exemption 1 0 5, 45 1 0 5 45 1 0 5, 1 0 6.   August (11m 56s): Yep.   Jesse (11m 57s): Yeah. You'll see exactly. Friends, family, and you'll see kind of an outline of, you know, what, what that means, those definitions. And you know, in, in, you see, well, part of the reason in the states you see that you get put on an email list and there's conversations that happen is because there has to be a substantive relationship for, for you to kind of get into, I believe it's the 5 0 6 world, right?   August (12m 19s): B, b B for Bravo,   Jesse (12m 20s): B Bravo, yes. But yeah, I mean all those, all these pieces are important when you're, when you're doing these deals, but you know, that's why you hired the lawyers and you, and you make sure that you're, you're abiding by those terms. But I would always caution us, you know, Americans being careful when stuff is coming out of Canada in terms of educational content and then vice versa, Canadians being careful of what they're hearing in the states. And always make sure you talk with your accountants and, and obviously your lawyers when drafting these type of documents. Now, in terms of, you know, the actual fund stuff, when you get to acquiring real estate, we talked about this new asset class and it's built, built to rent single family rentals and it's, you know, we talked before, it's a newcomer asset class that you, you guys really like.   So maybe first you could describe what it is to listeners and we can chat a bit about, you know, why it's an appealing asset class.   August (13m 10s): Absolutely, yes. Yeah. So B T R S F R built to rent single family rental is a newcomer asset class at a commercial real estate umbrella. It's, it's an asset class that really started in post gfc when the foreclosure on homes it was, was, was, you know, tremendous amount of homes were being foreclosed and Wall Street got involved and they came on purchasing single family homes and swats of single family homes. And they, they started purchasing these single family homes in the, in, you know, buying these things, pennies on the dollars in the hopes of selling them when the market turn turned around.   But while they were holding the asset, they started renting them out. So they realized that this, the asset class be built to rent single family rental homes in a portfolio or in the community. They actually behave just like multi-family by the way they're managed and, and and rented. And actually they, the, the type of tenant demographic and the stickiness of the tenants is actually better than multi-family. So they actually started to be more involved in this asset class. And by, you know, 2015 when the market had completely turned around, they, they couldn't purchase these homes pennies on the dollar no longer.   So they started actually partnering with developers, and this is Blackstone and other kkr, other large private equity firms, they started actually partnering with developers and building purpose-built rental communities. These are single family homes built, you know, approximately 1500 square feet, you know, 3, 2, 3 bedroom, two car garage in a community of single family homes, purpose-built rental. So the plan is to rent it. And yeah, it was the start of this new asset class and now you have groups like us that are syndicating these deals.   There's a sweet spot for us, the non-institutional groups, which is kind of the 60 to hundred single family homes in a community. And, and yeah, it's, it's, it's a tremendous asset class. I really believe in it, especially post covid. A lot of people rather live in a single family home, have their own privacy, not have somebody living next to them, above them have ha have their own, you know, two car garage independence. And also they're, but even though they're living in a single family home, they're not living in a community when they're, when they're one of the only renters, everybody else in the community is also renters.   So they get, you know, they're part of the same similar demographic and you know, they don't have to live in a neighborhood where, you know, they're, they're, they're, they're kind of the, oh, this person rents or what have you. So they're with others who rent. So yeah, it's a very interesting asset class and we're looking at it very closely. And yes.   Jesse (15m 46s): So with the, with the bill to rent, when you're saying that you're syndicating for these deals, what, in terms of the scope, are you syndicating the actual construction of them? Are you purchasing existing and you're being part of the equity, equity and debt at that point? How, how does that structure look?   August (16m 4s): Great question Christian. There's really three main ways to get involved into B T R sfr as the syndication group. You can either purchase a piece of land, partner with a developer or hire a developer to build these single family homes. You syndicate the project in different tranches, the first tranches to fund the capital needed for entitlement and rezoning and putting, putting the project together. And then the next tranche is to fund the construction. And then at stabilization, you're refinancing and paying back your investors.   However, you, you, you structure it. So it's getting involved early on. And the other way is to buy and already build project and you're taking lease up risk, basically bringing it, you know, from zero vacancy to full occupancy. And then there is, the other way is to, to, to buy an already stabilized BTR community and then going in there if, if it's a few years old, you can utilize the value add model. If, if a developer had just finished building it and just occupied it with tenants that they could just to be able to bring the occupancy up to 90% so they could sell to a buyer at that time, your business plan is just to go in and bring those rents back to up to market and bring the occupancy higher.   So there's different really stages that you get involved, depending on your, the, the firm's risks appetite, depending on their LPs, risk, appetite of where they want to get involved. Some LPs don't want to take any entitlement rezoning or construction risk. So in that case, the syndication group buys the asset when it's already stabilized. So it really depends on the group and their investors.   Jesse (17m 42s): And you mentioned a little bit about having US investors contact you in terms of finding deals. So this, in terms of geography, where are you looking at these properties or projects and, you know, maybe where, what are some examples of, of projects that you've done and, and where they are geographically and, and perhaps even the scope of them?   August (18m 2s): Our, our focus, our mandate is the US sunbelt. So the Sunbelt state, if you look at this, the, the, the southern part of us is, is like a smile. So you have Nevada, Arizona, Texas, north and South Carolina, Florida, Georgia, Alabama is, it's in our, you know, state that's doing tremendously well over the last few quarters. So that's somewhere we're looking at as well. We currently own assets in Orlando, Florida, Charleston, South Carolina, Houston, Texas.   Our BTR project that we were working on for a few months is in Tucson, Arizona. So we're very sunbelt focused, somewhat agnostic when it comes to these regions as long as certain key metrics are visible are available. So rent growth, population growth, income growth. And yeah, the sunbelt, again, they're mostly red states. They're very business friendly, they're very landlord friendly, they're no rent control laws.   So that, that's our focus. Yes.   Jesse (19m 5s): So in terms of the, these assets, we talked a bit about structure being different with Canadian versus US real estate, Canadian versus US investors. Let's, for the purposes of, of, you know, our conversation here, let's just assume that there's a Canadian investor that wants to invest in a syndication and it's US syndication. How are you structuring those syndications and maybe what are some of the things to, as a Canadian to, to look out for and and to make sure that you're doing properly?   August (19m 35s): Yeah, so the first advice here is if you're a Canadian LP looking to take advantage of, you know, great returns that are available in the US and us multi-family in general, and you want to invest in syndication syndicated deals and you're looking across the border to invest, investigate a US syndicator, the, the, the, the, the rule is do not invest in a deal that is structured in a llc no matter if there is a limited partnership in between as a conduit that doesn't make a difference if the deal is structured in the LLC is not tax efficient.   And keep in mind that us syndicators there are watching their their own back, they just wanna make sure they are compliant and they're tax efficient. You know, they're, they're not looking long term in what, what happens to the Canadian investors coming on board. So you gotta watch for that. There's been a lot of examples of Canadian investors that have invested directly with us syndicators and the, there, there was issues there also. The US indicators, majority of their, their investors are American. So in my conversation with US investors who do cater to Canadian investors, less than 5% of their investors come from Canada.   So they're not there educating themselves about structures needed and what have you. So if the deal is structured in, in, in a llc, do not invest as far as how we structure our deals, we utilize a fund to fund model. So we create a project specific fund here in Canada, which is a limited partnership. We abide by the rules and regulation to raise capital for that particular syndicated investment. So for example, let's say we use the offering memorandum exemption or the accredited investor exemption.   So we, that's, those are the guidelines, those are the, that's the exemption we use to raise capital for our investors. And then we create a project specific fund in the us That fund is the entity that owns the asset on the US side. Our US investors invest directly into that US-based fund and our Canadian investors, the Canadian fund invests into the US fund as just another investor. So look at the Canadian fund, which is comprised of multiple investors as as just one investor investing into the, into the US fund.   And it also, you know, there there's other bells and whistles that goes with the structure that we have, which alleviates our Canadian investors from having to file US taxes. It's stressful enough dealing with the CRA not having to deal with the IRS every year as well. It could be cumbersome and cause some attention. So the structure we've, we've, we've, we've put together is a structure that the Canadian investors don't need to file us taxes. The, the entity will file the taxes on their behalf.   Jesse (22m 16s): So if I understand that correctly, it's there, there would be a u s LP involved, the Canadian LP involved, and the Canadian LP would be investing in the S LP as a limited partner. Is that right? Ex   August (22m 27s): Exactly.   Jesse (22m 27s): Okay. And in terms of, cuz we talked a little bit at LLCs and you know, caveat we should, you know, we always say is, you know, for any of this advice, you know, don't, don't take our word for talk to your professionals, but in terms of the, in the US side of the equation, a lot of times you see that there's still an LLC used as title to the land and it might be a 0.0 1.001% ownership in the limited partnership. I, is that still done in these deals? We're we're titled to the property will still be in the llc even   August (22m 59s): Very, very, very, very sophisticated question and you're definitely someone who has got a lot of experience. So, so depends where that vice is coming from. So this concept of disregarded entity that you speak of, which is that US LLC that holds a title which comes into effect because a lot of us lenders want the, the, the entity that holds a title to be a single member entity, which is a disregarded entity. And then the, the limited partnership is actually used as, as the entity that syndicates the deal.   But because of the source of where the asset is held is still LLC that could cause problems. It could most probably cause problems in a case of an audit. So advice that we've got from multiple, not CPAs, not just random accountants, but tax lawyers that, that that practice on both sides of the border. Not just a Canadian lawyer who specializes in US tax law, but Canadian lawyers that specialize in both laws.   That vices that is not a tax efficient structure even though that structure is, has been used commonly because of the source of, of, of, of the ownership of the entity is still llc be it a single member entity, be it a disregarded entity because the source is still there. It could, could cause problems depending on who, who the auditor is, depending on who it is. So the advice was against that. So there are ways to get around it to be able to convince the lender that the entity owned asset cannot be llc.   But that's a conversation that groups need to have and yeah,   Jesse (24m 39s): So yeah, that makes sense. I think what's important is that you, you make sure that you understand these structures. So in terms of the, the actual syndication itself, why don't you, for listeners you hear a syndication JV joint venture. What's the difference between the two?   August (24m 54s): It's a joint venture is when two parties or multiple parties come together to, to, you know, execute a business plan and, and get together to do complete adventure. And, and there are, they're partners, their, their names, the level of liability is there. They're, they're either, you know, the, the, the the, the debt is on the liability exists as far as debt for all members and all partners involved.   So it's more of a partnership where everyone is active, they're active partners. A syndication really talks about when there is two different types of partners. Some partners are silent, they're limited partners, they have limited liability. Their, their liability really stops at the amount of capital they've invested. They have no li debt liability, they have no liabilities in regards to, you know, damages or things going wrong at the asset. And then you have the general partner that, partners that manage the project where they have unlimited liability and all the liabilities on them.   That is really usually used to differentiate between the JV and a syndication. Jv all partners are active in a syndication. There are different types of partners. Now keep in mind in certain JVs, I I know, I know individuals who, who incorporate corporate companies and within the company shareholder agreements, they write that certain partners are just putting the funds, but the way that the, the S E C or the security commissions look at, as soon as your partners are silent and they're only putting the capital that is, they're looked at as a, as a syndication.   So you gotta keep that in mind as well. And then it could triggers issues, same thing on the US it could trigger issues as well. Individuals can't just be investing capital. If they're investing capital, they're passive and that triggers certain compliance and regulatory guidelines that they have to follow. So that's really the differentiating between JV and syndicate investments.   Jesse (26m 56s): Yeah, and it's important to, to make sure that that's ironed out again at the beginning and understanding that the different roles have different consequences cuz you can call something a partnership, it doesn't mean it's a partnership and, and vice versa. So I think it's, you know, one of those things that you kind of outline who, who has which responsibilities and partnerships. Something that you know, you, you got, you want to build that good base before you go into these investments. When it comes to syndications, you hear, you know, a lot of different structures when it comes to syndications.   So when we talk about say a co syndicator or you have a cog p what is that and, and is it something that you employ in the deals that you, that you do?   August (27m 39s): Yeah, no, tremendous question. So these syndicated deals, they're, they are very, they're they're somewhat sophisticated because again, you have the structure. Like for example, in our case, if you look at our org chart, you have US entities, Canadian entities, you have US investors, Canadian investors. But the, the great thing about syndicated in investments is that the structure can really be designed depending on the need and of the syndication group. So a lot of times you hear this phrase that real estate is, you know, real estate syndication or real estate investing is a team sport because, you know, to, to put together the perfect syndication, you have three main components.   You have the equity, which is investor relations, raising capital, the capital needed for the project. You have the acquisition, which is sourcing the deal, underwriting the deal, you know, physical due diligence. And then you have the asset management, which is basically executing the business plan, making sure the project is operating the correctly and the value add is conducted readily if there's value add involved. When partners come together, depending on what their contribution is to the partnership, they can play those roles and syndications can be really put together.   So you could have three partners. One of the partners great at raising capital, one of the partners is great at sourcing deals and one of the partners is great at executing the business plan and asset managing. And they can come together and they can play those parts within the syndicated syndication group. But then you also have lead sponsors. Lead sponsors are are groups that source the deal. They source majority of the capital, they execute the business plan. They, they have asset management in-house, but at times they might need assistance in capital raising and some other duties and responsibilities.   That's when they open a door for this concept of co syndication or co-sponsorship where the other groups come in and join them and they partner together to be able to close on larger deals. So you are syndicating the LP investors bringing tens or hundreds of investors to invest with you and all put in, you know, a certain amount of investment. But then you also have other groups who are coming in there with their own investors, with their own expertise, with their own contribution into the deal. And that's what creates really co syndication.   And it's, it would be my advice to any group who's looking to syndicate deals here in Canada or the US would be try your best to do your first deal as a co syndication partner with a lead sponsor who's done this multiple times before, who understands the structure, particularly cross-border. And yeah, we, we, that's what, that's one of the strategies we utilize. So we partner with other sponsors, other syndicators who come on board with us, us being the lead sponsor and they partner with us. And early on when we did our first few deals, we did the same thing.   We joined a lead sponsor and we were able to close on much larger deals that we could have done ourselves.   Jesse (30m 35s): Yeah, we see a lot of benefit when it comes to, especially if there's a new geography or if your, you know, if your cog p is has some area of expertise that you don't have. So for instance, if you know they're a developer or there are a somebody that can source deals, like you said, you know, maybe they find the deals and then your component is raising capital, and then just like if you were partnering with somebody on an individual basis, these more sophisticated structures very similar. It's just that the, you know, the deals are a little bit more complex and the structures are a little bit more complex, but ultimately, you know, it's the same thing as if you had a couple buddies putting together a deal.   Not everybody's most likely. And the the partners aren't good at every single aspect of the deal. So you'll have the asset manager, you'll have the person that can raise capital development if it's construction project. Now, how does that differ from your point of view from going into the funds? So maybe not specifically just the fund of funds model, but funds in general as opposed to syndication. Obviously you're gonna need more deal flow, but there are nuances between funds and syndication and there is a, you know, this idea of having that capital and deploying it because you know, o oftentimes you'll, you'll have a drag if you're not getting a return on that capital.   So could you talk a little bit about the difference between syndications and funds?   August (31m 58s): Yeah, absolutely. So if you look at syndications, see a syndication as a project specific fund. So you're have one deal, you put that deal under contract, you create your marketing material, you follow the regulatory guidelines to raise capital, you present that deal to your investors, you raise the equity needed for that project. Investors know exactly what they're investing into. They know exactly what the business plan is, they know exactly what the exit strategy is and so on and so forth. A fund is more of a, a basket of multiple investments.   So a fund could be, for example, let's say, you know, CPA capital starts a fund, which is a 50 million fund, which is mandate to buy us multi-family assets. C p a capital will continuously raise capital for, you know, for foreseeable future. And depending on how much capital they raise, they then deploy that capital and purchase assets and put it into, put, put those assets into the basket. So you're continuously raising capital until you hit your, you know, your what, what your goal was in your, your your, your total funds raised, and then you're continuously purchasing assets at the same time.   So that's really the fund model. The other differentiating factor is the, the, the, the fund funds usually yield lower, somewhat lower returns to investors because your investments is aggregated amongst a group of investments. Some deals might be doing really well, some deals might not be doing so much. So you have that you, you get that average aggregated number back and returns back. And also the cost of managing funds are higher than, you know, there's usually audited financials, annual audited financials and what have you and fund management softwares that are needed.   Whereas the syndicated investments, that's not, not in need. So it's lower cost of management. But overall, I would say as, as as investors who LP investors are looking to invest into commercial real estate passively, I would say diverse of our portfolio is probably the best way to go. So some of your investments should be in syndicated deals, some of your investments should be in funds and deals that are structured in funds and yeah, that's basically the main differences between funds and great that you bring that up, is that because of the difficulty and cumbersome process in putting these syndicated deals in cross-border multiple syndicated deals, we're actually looking to, we're in the process of starting our first US Canadian, US multi-family fund.   And actually I was gonna book a call with you. We were, I was gonna discuss to see get you, get you on there as board of directors as well. So that's a phone call you're gonna be getting from me soon here to discuss the fund. There   Jesse (34m 37s): You go. We're in real time. I like it. No, it makes sense because again, it goes back to this idea of there's a lot of information and it doesn't really matter if you're an American or Canadian because you can have, you know, you can have information that comes from the states and you're, you live in the states, you're American citizen and it's still not be correct. So it's always important to understand, you know, what the nuance is. There's a lot of great stuff on YouTube, but you know, a lot oftentimes there's, there's some misinformation. So it's, it's important that you, you know, you look into this stuff as you're making these decisions because for most people it's, it's, it's a lot of money.   It's a, it makes a large, it's a large percentage of the portfolio that you're, they're usually dealing with and you know, I love my real estate brothers and sisters, but we tend to be very asset specific too. So when we go into these deals, it's important that we understand them. I want to switch gears a little bit August and be mindful of the time, but you know, something that's absolutely topical right now is the economy. We're in a place right now where interest rates have gone up more than we have seen them in quite some time.   I remember when I started investing, I was saying oh 8 0 9, you know, five and a half, 6%, that was kind of the norm for five year fixed, you know, we got down very low and now we're kind of heading back up and there's a, I think a very big question mark of what 2023 has in store for us. So I guess put simply loaded question, but you know, what is your view on the state of the economy and, and what we're gonna be kind of looking at as you know, we kick off January in 2023.   August (36m 17s): Yeah, absolutely. So I definitely have a dog in the race because I'm in the real estate investment world. So we, we, you know, the, to keep the cop company operational, we have to close on deals, but we also have to be very vigilant of our, our investors' capital and be very opportunistic over the next couple quarters here. So we're very vigilant on the deals that we we're gonna be doing. Overall speaking about the economy, I personally believe that the economy is not sick. It is not a situation where it was in oh eight and in gfc I think what's happening is we're just paying for the residuals of covid where, you know, you have trillions of dollars that were printed by central banks and it really created so much liquidity into the economy and were really paying that back and that that's really what created inflation.   And, you know, the, the fed was, was, was a bit late, but they came back in and they've been very aggressive, very hawkish fastest increase in interest rates over 300 basis points in the shortest time since I believe the, the eighties they'll continue to raise. So investors have to really, really be careful in this, in these situations because when you are in an increasing interest rate environment, everything changes, doesn't matter what is it being increased by, but as, as the Fed and central banks are increasing those interest rates, it creates a lot of tension when it comes to lenders, when it comes to properties.   But there's also opportunities that can be found. For example, one of our strategies over the next couple of quarters is looking at deals in situations where either syndicated groups or other groups were overleveraging themselves. Maybe they didn't purchase a rate cap or maybe the, the rate cap that the purchase is coming due and now they have to repurchase it, which is a huge amount that they have to pay for the new rate cap they have to purchase. So there are opportunistic investments available and, you know, to, to watch out for.   There's also deals where you could do consumable loans, basically take over a loan, which it matures in, in, in the next three years. So over the next two quarters, at least till Q3 of 2023, I would, my advice is for investors to be very cautious, only get involved in deals that have a certain opportunistic component in them and from, but, but moving from there, I feel that at some point, obviously the, the Fed will stop raising rates, they will taper off and probably most probably start, you know, lowering rates sometime either at Q4 of 2023 or early in 2024.   They have a huge debt, they have 33 million of debt that they're paying and, and if the interest rates stay as high as they are, the premium they're paying on their own debt is so high that will cover most of their, their budget. So they don't want race to stay high themselves. So, but yes, that's, that's kind of overall how I feel about the economy and also, again, talk about those nuances. You've got the Canadian economy, you've got the US economy, you got the, you know, bank of Canada, you have the, the Fed raising rates at, at, you know, depending on how they want to control inflation in their own countries.   So yeah, the get as much as content and information out there, keep stay up to date of what's happening and be very careful over the next couple quarters.   Jesse (39m 35s): All right, August, so we're gonna kick off the, the final, final questions here. So if you're ready I'll send them, send them at you.   August (39m 42s): Ready?   Jesse (39m 43s): Okay. For younger people in our world in real estate, real estate investing, what advice would you give them?   August (39m 51s): Ooh, let's see. That advice I would give to people starting us. So don't be afraid of large numbers. Syndicating a deal that's is a duplex in a suburb of Ontario is just as easy as syndicating a hundred unit apartment communities. So don't be afraid of large numbers. The other other advice is really the golden rules of real estate. Don't be highly leveraged and exceed the business plan that you had from day one. And educate yourself, you know, eat, sleep, live, breathe this business and educate yourself and be a student of the game.   Jesse (40m 21s): What's one thing that you learned in the beginning of your career early on that, that you wish you knew back then that you know now?   August (40m 30s): Syndication. I wish I knew that you could syndicate deals and, you know, partner with others and to be able to close on larger deals.   Jesse (40m 39s): All right. Any resources, podcast books, shows, anything you are, you're taking in right now that you could recommend to our listeners   August (40m 48s): Podcast shows? Yeah, let me see. I watch Great Capital. It's pretty sophisticated stuff, but great capital. They have great podcast. The guys there, Spencer Gray and his team, that's a, that's a podcast that I listen to religiously. Other resources, books. Do you have a, do you have a book question coming up or   Jesse (41m 9s): No, no, that's, that's part of it. Yeah. Media, books, shows, whatever, whatever you're taking in right now. Yeah,   August (41m 13s): If you're looking to start a fund, if you're looking to start syndicating larger deals, I would recommend two really. The two Bibles of Syndications are the best ever apartment syndication book by Cho Fer, and then Raising Capital for Real Estate by Hunter Thompson. One of them is about raising capital, the other one about really syndicating multi-family deals. So they're both, like I said, they're bibles of syndication that you have to read and educate yourself.   Jesse (41m 40s): Yeah, and I'll just shout out to, to Hunter as well. He is got a great podcast, so check that out. You can, I, I, I don't want to get the name wrong, so just Hunter Thompson Real Estate, you could check that out. But that's also yeah, an absolute great book. And Joe Faris, I mean that really is the Bible when it comes to Ba of Investing. August. For those that want to connect with you, what's the best place that we can, we can send them,   August (42m 8s): I'm very active on LinkedIn, so you know, August Penny as on LinkedIn cpa, capital on LinkedIn. Get in touch with me. Send me a message. You, you're looking to start your own fund or syndicate deals. More than happy to chat about co syndication, our website, CPA capital.ca, YouTube and podcast Real Estate Investing demystified August Biaz, Google it. A lot of stuff will come up. I'm easy guy to get ahold of.   Jesse (42m 34s): My guest today has been August Bins. August, thank you for being part of Working Capital.   August (42m 39s): Thank you for having me.   Jesse (42m 48s): Thank you so much for listening to Working Capital, the Real Estate podcast. I'm your host, Jesse for Galley. If you like the episode, head on to iTunes and leave us a five star review and share on social media. It really helps us out. If you have any questions, feel free to reach out to me on Instagram. Jesse for galley, F R A G A L E. Have a good one. Take care.   ...  

Discover Ava Benesocky and August Biniaz's secrets to investing in the United States as international real estate investors by tuning in to today's episode. Listen as we chat about unique investing structures and marketing platforms to help you gain maximized returns when you invest in foreign markets!     Topics on Today's Episode  What you need to know to invest in the US real estate market as a Canadian Apartment syndication: What it is and how it works for Canadian investors Efficient ways to find and reach your target market The benefits of forming connections with other investors Powerful advice for aspiring real estate syndicators     Resources/Links mentioned LinkedIn Clubhouse Rich Dad Poor Dad by Robert Kiyosaki TokenFunder Best Ever Apartment Syndication Book by Joe Fairless | Kindle and Paperback The Checklist Manifesto by Atul Gawande | Paperback and Hardcover   About Ava Benesocky and August Biniaz Ava started her real estate career nine years ago in Alberta. Daughter of highly educated accountant parents, she was taught the quality of hard work from a young age. Building strong community connections, networking with real estate professionals, and constantly pursuing knowledge in the real estate field has given Ava the experience needed to succeed, and she became one of the youngest award-winning top agents at REMAX. August's real estate journey began as an agent in British Columbia, where he focused on local market trends and understanding his client base in order to better meet their needs. After numerous projects, he realized his interest in the construction industry and started his own development company, where he built custom homes. He educates his investor partners about apartment syndication investing through the Canadian Passive Investing Academy platform, webinars, meetup groups, and one-on-one coaching.     Connect with Ava and August Website: CPI Capital YouTube: REAL ESTATE INVESTING DEMYSTIFIED LinkedIn: Ava Benesocky | August Biniaz     Don't forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard, please leave a review on iTunes.  

August Biniaz is the co-founder of CPI Capital, an investment firm focused on multifamily value-add assets. In this episode, he shares his business approach from a marketing standpoint, how he approaches building and nurturing relationships with investors, and which tactics have worked best for him.    August Biniaz | Real Estate Background Co-founder of CPI Capital, an investment firm focused on multifamily value-add assets. CPI Capital is a Canadian-based real estate investment firm with a mandate to acquire U.S. multifamily properties.  Portfolio: $208M AUM Based in: Vancouver, BC, Canada Say hi to him at:  cpicapital.ca LinkedIn Join the newsletter for expert tips & investing content.   Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: MFIN CON |Reliant

August Biniaz is a Real Estate Developer, Fund Manager, General Partner and a Real Estate Private Equity Thought Leader with 15 years of experience. He is the Co-founder of CPI Capital, where he acts as the CSO and COO working with operating partners across the US. August was instrumental in the closing of over $208 million of multifamily assets since inception. August has a passion for sharing his knowledge and helping others reach financial freedom. August enables investor partners to earn substantial returns by investing in multifamily properties in the hottest US markets. He educates investors through the CPI Academy platform, YouTube Show, Webinars, Meetup Groups, and more. We talked to August about the importance of building a brand, why educating your potential investors is key, and the US and the Canada Markets. Groundbreaker: Click here to learn how to raise more money and speed up the syndication process by 80%!   [00:01 – 05:37] Opening Segment  August talks about his background; Brokering deals and syndications; [05:37 – 24:58] Steady Growth He talks about how he raised $5,000,000 in his first syndication; How the syndication process works; How to build your brand; Why you should educate your potential investors; How to put yourself out there as a multifamily investor; [24:58 – 35:00] Capital Preservation The Canadian Market VS. The US Market; Why there is so much demand by foreign investors for the US real estate; August talks about his company CPI Capital; Challenges that August had to overcome as a non-US resident Announcement: Download Our Sample Deal and Join Our Mailing List [35:00 – 44:07] Round of Insights Apparent Failure: Not educating people in his first investment Digital Resource: Asana Most Recommended Book: Raising Capital Daily Habit: Thinking about what he is grateful for every day  #1 Insight for Investing: Get a coach.  Best Place to Grab a Bite in Vancouver: Chinese Cuisine Contact August: To learn more go to www.cpicapital.ca Tweetable Quotes: “It's really important when you build a brand, other people knowing exactly what you do because the first thing that comes in people's mind is ‘What's in it for me?'" - August Biniaz Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.

August Biniaz is a Real Estate Developer, Fund Manager, General Partner and the Co-founder of CPI Capital. The latter is a real estate private equity firm helping investors acquire in Multifamily assets. August was involved in the closing of over $208 million of multifamily assets. On this episode, we discuss:   Real estate private equity firms vs REITEs Where CPI Capital is currently investing and why The advantages of a syndication model Compliance around a private equity firm in Canada vs USA The benefit of working with an exempt market dealer The structure of his limited partnerships     You can reach out to August by visiting cpicapital.ca Download a free report: “Why you shouldn't buy investment properties in Oakville, Burlington and other cities in the GTA” __ Subscribe and review today! Youtube Spotify Apple Podcasts Instagram

Adam Carswell shares his next level interview on the Real Estate Private Equity Show with Ava Benesocky and August Biniaz, discussing how joining a mastermind like RaiserMasters can help investors with their capital raising endeavors. In this episode, Adam, Ava and August talk about:Finding the 1-2 people that align with your values and consume all of their contentThe advantages of sales funnels to grow your capital raising businessesGetting clear on who you have been called to serve and what motivates you to create great dealsCreating a trusting investor base and nurturing them with educational content How to cultivate great communication with your investors Adam would like to give a huge thanks to Ava and August for having him on the Real Estate Private Equity Show and for coming on the Dream Chasers platform, letting Adam share his knowledge and experience. Contact Ava Benesocky and August Biniaz: https://www.cpicapital.ca/  Episode Resources: Adam J. Carswell Facebook Group | Real Estate Private Equity Show | RaiseMasters | Dream Chasers | CPI Capital Timestamped Shownotes:02:02 – Hosts Ava Benesocky and August Biniaz introduce Adam Carswell, Real Estate Entrepreneur, Marketing Powerhouse and Power-Networker  06:06 – How did Adam become a digital nomad living in Canada? 09:25 – How did Adam get started in the real estate private equity space?12:44 – How did Adam create a great business relationship with Hunter Thompson?19:22 – What are sales funnels and how can people use them to grow their businesses?24:47 – What are the first steps that a real estate investment firm should take to grow its company? 30:36 – How does Adam attract investors to RaiseMasters and build trust with them?37:30 – What makes a good communicator?39:21 – What advice does Adam have to create a strong investor communication culture?43:43 – What advice does Adam have for a passive investor getting started in real estate private equity?45:13 – Who was the most influential person in Adam's life?45:42 – What is the #1 book Adam recommends?46:22 – What advice would Adam give to himself when he was younger?46:53 – What is the best investment Adam has ever made?47:13 – What is the worst investment Adam has ever made and what did he learn from it?48:09 – How much would Adam want to have in the bank today to be able to retire?48:54 – If Adam could have dinner with anyone, dead or alive, who would it be?49:21 – If Adam wasn't doing what he was today, what would he be doing now?49:48 – Book smarts or street smarts?50:11 – If Adam had $1M to invest today, what one thing would he invest in? Sponsored by:  RaiseMasters, the #1 Mastermind for Elite Capital Raisers - Join our FREE Training now!

Here is a preview of the high level discussioin August and I created about being a private equity firm in the multifamily syndication space. https://cpicapital.ca

You're going to get a gut punch as you are starting out in the private equity space! August breaks down how he was able to take the punches and still come out on top! Be resilient and stick to it! https://www.cpicapital.ca/

In this episode Axel interviews August Biniaz, real estate developer, fund manager, general partner and a real estate private equity thought leader to talk about how to invest in multifamily across the US focusing on private equity and syndication.    For many real estate investors, investing in their own place is fine.  For others the key is to invest in other countries that make more sense and get more profit. August enables investor partners to earn substantial returns by investing in multifamily properties in the hottest US markets.   August and Axel dive deep into how August got started in real estate and created CPI Capital, his real estate Canadian passive investing fund. They also converse about the best US markets to invest in and why, the co syndication model and the value add model, how he became successful starting business by chasing big deals, and the importance of creating and gaining trust and how to do it. Stay tuned!    For ADVICE or want MORE INFO about Real Estate Private Equity, GET IN TOUCH with AUGUST! Send him a connection request on LinkedIn, let him know learned from him on this show and book a 15 minute call with him.   Please subscribe to the show, share it with a friend and send us feedback. Visit www.realestateeffect.ca and follow me on IG @monsaxel   Topics: Welcome August to The Very Real Estate Effect Podcast!: (00:00:00) About August's business model & how he started CPI Capital: (00:01:00)  Doing business in the US market: (00:04:55) What US Markets was he interested in and why: (00:07:54) About first deal in Orlando, Florida & the co syndication model: (00:09:39) How August managed to partner up with other general partners: (00:12:31) How August raised 30MM and his involvement in operations: (00:13:59) About the next deal in Charleston, South Carolina and it's structure: (00:16:57) About deal in Houston, Texas & the value-add model: (00:18:32) What made August so successful in the process of capital raising with big deals: (00:22:20) The importance of creating trust & how to do it: (00:26:48) Wrap-up: (00:30:40)   Who is August? August Biniaz is a Real Estate Developer, Fund Manager, General Partner and a Real Estate Private Equity Thought Leader with 15 years of experience in real estate. He is the Co-founder of CPI Capital, where he acts as the CSO and COO working with operating partners across the US.    He educates his partners about private equity through his business web Academy platform, YouTube Show, Webinars, MeetUp Groups, Real Estate Weekly LinkedIn Newsletter and one on one coaching.    August was instrumental in the closing of over $208 million of multifamily assets since inception.   Mentioned resources:  “Barbarians at the Gate: The Fall of RJR Nabisco” book by Bryan Burrough &John Helyar “King of Capital: The Remarkable Rise, Fall, and Rise Again of Steve Schwarzman and Blackstone” book by David Carey & John E. Morris   Multifamily Investor Nation REIN CRM HubSpot ActiveCampaign   Connect with August Biniaz:  Linkedin Twitter CPI Capital CPI Capital Facebook CPI Capital Instagram The CPI Capital Academy YouTube show   Connect with Axel Monsaingeon: Linkedin  Real Estate Effect Web Facebook Instagram Youtube

“Another very major milestone was the moment I realized that the limitations that I have for being a developer, being a builder, the limitations that I have because of my access to equity could be alleviated by private equity, by private capital, by investors. We require investors throughout our whole life because an investment is not only a monetary amount, a lot of times people give their time, give a lot of different things to us. They're investors in us.” – August Biniaz    Connect with Taylor: LinkedIn Twitter Youtube Selected links and people mentioned from this episode: CPI Capital Think and Grow Rich by Napoleon Hill Rich Dad, Poor Dad by Robert Kiyosaki Sapiens: A Brief History of Humankind by Yuval Noah Harari Zero to One by Peter Thiel Connect with REIN Canada REIN Canada CEO@reincanada.com REIN Channel Facebook Instagram Twitter [02:08] Patrick introduces his next TEDM guest, August Biniaz. [03:27] August and Patrick get the show started first with mutual appreciation! August shares a bit about the business of what he does and the business strategy of his company CPI Capital. [07:20] Taking us back 15 years, August follows his Mom's advice to get his realtor's license (a bit more than a weekend course!) and his love of real estate begins. With an interest in managing renovation projects, and building his own portfolio, August started to explore other pockets of real estate like fix and flips, and ground-up development. [13:55] It was a quick realization for August that brokering deals was not for him, it felt far too much like a job which had never held any interest for him. The fuel that lit his entrepreneurial fire was observing his Dad's experience first-hand in following the conventional path of education, a degree, a good job and the lack of a good job despite best efforts. This route appeared to August to be neither fruitful nor enjoyable. [19:30] August speaks to the life-changing, trail-blazing experience of immigration and why his parents wanted to leave Iran to come to Canada. [24:24] Reflecting on his experience of living in Iran and coming to Canada at 13 years of age, August acknowledges the foundation it created that allowed him to build upon who he is today. [26:06] Mom's approval still comes first! August describes what ignites his passion for what he does, what gets him out of bed in the morning and drives him to achieve the extraordinary even in the face of adversity. [28:35] August talks about vision, the incredible opportunity he has in the real estate private equity space, and what sets them apart from others who are doing similar work. A large component of it is communication, education, and transparency with their investors. [32:24] Going back to the entrepreneurial mindset, August explains how even at a young age, he saw that the businessmen who were in his environment seemed to be having more fun and more fulfilling life experiences. Feeling constricted by the idea of a “job” he naturally gravitated to a life that for him, felt freer. [35:41] Mentorship. Without hesitation, August stresses mentorship as the first thing a businessperson and entrepreneur can seek, to learn, build skills, and build confidence. It is something he stepped over early on but would have saved a lot of hardship if he hadn't. The second point of guidance he offers, is to get completely immersed in the business you are pursuing. Join clubs, meet people, read the books; make it the centre point around which you build your life. [39:22] August highlights the many milestones he has met along his journey, not the least of which is discovering the power and opportunity that private equity provides. [42:32] Values and integrity are foundational in how August and CPI operate for their investors. With a firm understanding of the trust their investors have in them to be good stewards of their capital, they lead with an investor-first approach.

Episode 143 – August Biniaz – Empowering Investors through Values & Vision by Patrick Francey

Building Your Private Equity Firm from the Ground Up Welcome to the home of all things Toronto Real Estate. This podcast has GTA market updates and investing tips for new and experienced investors. Bradley is the founder of Watson Estates, an investor and real estate broker in Canada's greatest city. This isn't advice, just our honest analysis of the market. Today's guest is August Biniaz, a Real Estate Developer, Fund Manager, General Partner and a Real Estate Private Equity Thought Leader with 15 years of experience in real estate. He is the Co-founder of CPI Capital, where he acts as the CSO and COO working with operating partners across the US. August was instrumental in the closing of over $170 million of multifamily assets since inception. August has a passion for sharing his knowledge and helping others reach financial freedom. August lets investor partners earn substantial returns by investing in multifamily properties in the hottest US markets. He educates his investor partners about Real Estate Private Equity through the CPI Academy platform, YouTube Show, Webinars, MeetUp Groups, Real Estate Weekly LinkedIn Newsletter and one on one coaching. How to reach August Biniaz: Website = https://www.cpicapital.ca YouTube = https://www.youtube.com/channel/UCBliV4We30bjaKqmqri8jQg/videos Instagram = https://www.instagram.com/cpicapital/ Facebook = https://www.facebook.com/CPICapital LinkedIn = http://linkedin.com/in/august-biniaz-23291460 Find Us: www.linktr.ee/WatsonEstates This is not advice, just our analysis of the market. If you enjoyed the video consider subscribing. We always love to hear feedback and comments. Tell us what you think! Receive GTA Off-Market Deals & Passive Small to Mid-Size Apartments Deals Across Canada Right Now! Click Here to Sign Up absolutely FREE: https://pages.watsonestates.ca/ Yours in Real Estate, Bradley Watson Broker at Sutton Group - Summit Realty Inc. , Brokerage. Phone: 647-206-9554 Email: bradley@watsonestates.ca

August BINIAZ & Ava Benesocky are founders of CPI Capital; a Canadian based real estate investment firm that focuses on identifying multifamily opportunities throughout the United States. Learn More About August and Ava Here: Website: www.cpicapital.ca  YouTube: https://www.youtube.com/channel/UCBliV4We30bjaKqmqri8jQg/videos  Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 15 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/  

By focusing on the power of networks, our guests, Ava and August, a power couple who specialize in building meaningful connections and living in the abundance mindset, have cultivated an incredible life. On the show, we discuss various aspects of being in business together with our spouses, with a special focus on mindset and investing from Canada into the US. We delve into several topics, including:• Their Criteria for US Investing for Canadians•  Legal Structures used and how regulations changed• What Canadians need to know about investing in the US• Taxation from Canadian Perspective in US• Selecting the right US Partners• Marketing strategy evolved over time with Youtube, Facebook, Instagram, TikTok, etc.A little bit about our guests, Ava Benesocky and August Biniaz joined forces in 2019. Realizing the pain points Canadian investors were facing in both of their fields of expertise, they founded CPI Capital. CPI Capital is a Canadian-based real estate investment firm, in the business of discovering, acquiring, improving and actively managing US Multifamily Rental Value-add Real Estate Assets. CPI specializes in identifying largely stabilized, revenue producing assets. They enter into strategic partnership with experienced active operators with local market experience in the high growth regions in the United States.If you enjoyed this content and are looking for more, you can continue to learn more about us in several different places for free!on our website for blogs & other podcast interviews! elevateequity.orgour YouTube channel! youtube.com/channel/derekcliffordour book/audiobook! amazon.com/dp/ebookIf you'd like to have a FREE copy of our 7 Ways Commercial Real Estate Syndications Protect and Build Wealth, simply click the link below. We are here and vested in your long-term success! elevateequity.org/7waysEbook

For many real estate investors, it makes sense to invest in your own backyard. For others, passive real estate investing through syndications in another country makes even more sense, with more profit. In this episode, I'm joined by Ava Benesocky and August Biniaz, Co-Founders of CPI Capital. Ava and August launched their company years ago with the intention to be an owner/operator, but they've since switched gears to focus on private equity and syndication. Despite being based in Vancouver, British Columbia, their investment deals are with very experienced operators in the Sun Belt. They have raised and deployed tens of millions of dollars and have over $200 million in assets under management. In our conversation, we dig deep into how they find incredible deals in the Sun Belt from their home base in Canada and how they solve pain points for real estate investors. If you're looking to learn how to invest virtually and invest in markets that are not in your backyard, you're going to love this interview. Key Takeaways with Ava Benesocky and August Biniaz Why Ava and August have focused on the Sun Belt for new deals. Ava and August's five specific criteria for vetting owner/operators. The four metrics Ava and August want to see in a deal before they invest. Thoughts on what is happening with markets, interest rates, cap rates, and finding yields. How CPI Capital helps to remove pain points for investors. How Ava and August underwrite deals and the specific metrics they look for. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/270 Rate & Review If you enjoyed today's episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review over on Apple Podcasts. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU! Connect with Josh Cantwell Facebook YouTube Instagram LinkedIn Twitter Sign Up For My Coaching Program! To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com

The elements of your business that will cause investors to continue investing with August Biniaz and Ronnie Gou.Follow us on Instagram, Facebook, and TwitterFor more educational content, visit our website at www.diaryofanapartmentinvestor.comInterested in investing with Four Oaks Capital?  First step is to schedule a call with us. This episode originally aired on March 14th ----August BiniazAugust Biniaz is a Real Estate Developer, Fund Manager, General Partner and a Real Estate Private Equity Thought Leader with 15 years of experience in real estate. He is the Co-founder of CPI Capital, where he acts as the CSO and COO working with operating partners across the US. August was instrumental in the closing of over $170 million of multifamily assets since inception. August has a passion for sharing his knowledge and helping others reach financial freedom. August enables investor partners to earn substantial returns by investing in multifamily properties in the hottest US markets. He educates his investor partners about Real Estate Private Equity through the CPI Academy platform, YouTube Show, Webinars, MeetUp Groups, Real Estate Weekly LinkedIn Newsletter and one on one coaching. ----Ronnie GouRonnie is a Managing Partner at Vertical Street Ventures, joining Co-Founders Jenny Gou and Steven Louie after their successful launch of the company. Ronnie focuses on marketing the opportunities VSV creates for passive investors and leads Investor Relations with a focus on capital raising. Ronnie brings 15 years of Market Strategy and Operations background from Procter & Gamble to the team, previously serving as a National Sales Senior Director. He has been directly responsible for running sales and operations for Charmin, Bounty, and Puffs, some of the largest brands in P&G's US portfolio and has personally negotiated deals with some of the world's largest retailers, including Walmart, Target, and Amazon. Ronnie's experience in delivering consistent, stable growth for P&G will be critical as he implements the same focus and expectations for Vertical Street Venture's passive investors. Ronnie has an Economics Degree from UC Irvine and holds an MBA from the University of Minnesota. He is married to Jenny, has two kids and resides in Southern California.----Your host, Brian Briscoe, is a co-founder and principal in the real estate investing firm Four Oaks Capital.  He and his team currently have 629 units worth $36 million in assets under management and are continuing to grow.  He will retire as a Lieutenant Colonel in the United States Marine Corps in 2021. Learn more about him and the Four Oaks team at www.fouroakscapital.com  or contact him at brianbriscoe@fouroakscapital.com - be sure to let him know where you found him.Connect with him on LinkedIn or Facebook.vvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvv> Check out our multifamily investing community!> The Tribe of Titans> Get exclusive access to the Four Oaks Team!> Find it at https://www.thetribeoftitans.info^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

Ava Benesocky and August Biniaz joined forces in 2019. Realizing the pain points Canadian investors were facing in both of their fields of expertise, they founded CPI Capital. CPI Capital is a Canadian-based real estate investment firm, in the business of discovering, acquiring, improving, and actively managing US Multifamily Rental Value-add Real Estate Assets.   In this episode, Ava and August talk about doing cross-border passive real estate investments in Canada and the US and how they make this easy through nurturing. Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/ What you'll learn in just 17 minutes from today's episode:  Discover why areas with reduced crime rates and have consistent growth in jobs, population, income, and rent are great places to do real estate investing; Understand the importance of educating interested investors before they decide to sign up for the group; Find out how CPI Capital makes cross-border investments possible, all while complying with both sides' regulations. Resources/Links:  Sign up here to receive CPI Capital's 5 Great Tips to Be a Successful Passive Real Estate Investor: http://cpicapital.cpicapital.ca/newsletter Sign up here to join CPI Capital's group of investors: http://cpicapital.cpicapital.ca/investor Canadian Passive Investing Academy: https://www.youtube.com/channel/UCBliV4We30bjaKqmqri8jQg Topics Covered:  01:23 – August's real estate background and how it led to his and Ava's partnership 03:10 – Ava's experience in doing real estate and the problem CPI Capital solves 04:14 – The kind of markets CPI Capital is focusing on these days 06:20 – An educational journey of looking for the problem and providing a solution for it 09:26 – Talking about the process one needs to go through to be part of CPI Capital's group of investors 12:21 – Complying to the regulations of both Canada and the US; turning the Canadian fund into an accredited fund 13:42 – Comparison between the accredited investor qualifications in Canada and US 15:43 – The power marketing and nurturing have on gaining new investors on board 17:20 – What encouraged them to start a YouTube channel and make educational contents Key Takeaways: “So we really went on this massive educational journey because of course, when investors are going to be trusting us with their money, we better make sure that we know the ins and outs of the business.” – Ava Benesocky   “For our fund to be able to invest into the US fund and still comply on the Securities and Exchange Commission, the fund has to be an accredited fund. And for that fund to be an accredited fund, there are two ways: (1) every single one of the investors is accredited, or (2) the fund has over $5 million in assets. That's how we stay compliant on both Canadian side and the US side.” – August Biniaz   “We do a lot of marketing. We do a lot of marketing to get the word out. I speak on as many platforms as I can across Canada. People hear what I have to say. Nobody catches on the first time; there's a seed that's planted in their mind about this alternative investment opportunity. It's available to them. We do a lot of nurturing when it comes to that. Never invest in a business that you don't understand.” – Ava Benesocky “Just like how our company started with finding a solution to a problem, our educational content also started the same way. We saw that there isn't a cross-border platform that teaches us about raising money in Canada, raising money in the US, the difference, the cross items that exist. That's kind of like the impetus for us to start our YouTube show and a lot of other educational content that we create. It was to solve that problem well.” – August Biniaz   “Building wealth passively. Who doesn't want to make money while they're sleeping? Not a lot of people know that that's an option. You don't have to be an active real estate investor. You can put your money into real estate, write a check, sit back, relax, and have people like us do all the hard work for you.” – Ava Benesocky     Connect with Ava and August: Website: http://cpicapital.ca LinkedIn: https://www.linkedin.com/company/canadian-passive-investing YouTube: https://www.youtube.com/channel/UCBliV4We30bjaKqmqri8jQg LinkedIn (Ava): https://ca.linkedin.com/in/avabenesocky-cpi-capital Connect with Dave Dubeau:  Podcast: http://www.propertyprofitspodcast.com/  Website: https://davedubeau.com/home  Investor Attraction Workshop: http://www.investorattractionworkshop.com/  Facebook: https://www.facebook.com/thedavedubeau  LinkedIn: http://linkedin.com/in/davedubeau  Enjoyed the Podcast?  Please subscribe on iTunes for updates

Today, I'm excited to introduce Ava Benesocky & August Biniaz, two of my Canadian friends who are helping investors from Canada to invest in US projects. They founded a firm called CPI Capital, which is a Canadian based real estate investment firm in the business of discovering, acquiring, improving and actively managing US Multifamily Rental Value. Ava's greatest asset is her ability to cultivate long lasting, trusting relationships with clients and investors. Putting people before profits is a model that has helped Ava be successful and appreciated. With almost a decade of experience in real estate, Ava brings a wealth of knowledge and experience to CPI. August is a real estate investment professional with a passion for sharing his knowledge and helping others reach their financial goals. He is the co-founder of Canadian Passive Investing, where he enables clients to earn substantial returns by investing in multifamily properties in the hottest US markets. Let's tap into understanding what the investment insight is from one of our foreign counterparts ! Getting to know Ava  and August - [00:01 – 08:10] I introduce Ava and August to the show Bio  Ava and August share a bit of their background and work. CPI Capital. Canadian investors. Discovering US Multifamily Real Estate assets. Educate Canadian fellows on how to invest in the US. Provide clash flow and appreciation to the investors. Canadian Real Estate. US Multifamily Rental Value   [08:11 – 23:50] Ava and August talk about the investment culture in Canada. Rely on continuous appreciation: not sustainable. Immigration: demand in the major cities. The appreciation game: negative cash flow. Help Canadians invest in value-add multifamily projects. Solve the problem of cash flow. Tax benefits. Cap rates. Invest passively. Comparing the opportunities in the US with Canadian opportunities. Migrating money to the US to invest in these assets. Combine compliance with laws of another country. Understand the market in the US. August explains the process to select partners they want to work with in the US. Follow the numbers:  job growth, population growth, income, growth, rent growth and crime reduction. American mindset in business. Ava shares what CPI Capital is looking for. Less risk and  less return vs more risk and higher return. Luxury product vs equity creation. Strong relationships with investors. Educate investors with the value add opportunity component. Why as a Canadian investor should I choose to take my money to US Real Estate instead of Canadian Real Estate? Cash flow. Natural appreciation. Amplify returns. The Quattro Trio - [19:48 - 24:25] What is your superpower? Ava: Creating strong relationships with people. August: Being creative and open minded to exploring new ideas. What is your biggest failure?  Ava: Being distracted. August: Hiring the wrong man for the job. How to connect with Ava and August. Links below  Final words Tweetable Quotes: “ But keeping in mind, we've created a really strong relationships with our investors, and we've educated them and with this value, add opportunity component as well.” -  Ava Benesocky “So when I was introduced to us multifamily value add I fell in love with it, because it's an already built asset. So you just going in there adding some sort of value.” - August Biniaz “ As long as there's consistent job growth, population growth, income, growth, rent growth, you know, growth metrics available in the market, and crime reduction. These are great markets to invest in.” - August Biniaz Resources Mentioned: From Ordinary to Extraordinary: Success Stories from Women Investing in Real Estate You can connect with Ava on LinkedIn. You can also email her at ava@cpicapital.ca  or call 6048288302 You can connect with August on LinkedIn. You can also email him at august@cpicapital.ca or call 6043634797 Don't forget to check out CPI Capital Website and learn more about the value add opportunity in the US! LEAVE A 5 STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com.  Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.  

The concept of syndications isn't really mainstream in Canada like it is in the US. With double taxation, it's difficult for Canadians to invest in American real estate. This is where CPI Capital comes in with its new approach to remote investing. Join your host Lisa Hylton as she sits down with August Biniaz and Ava Benesocky of CPI Capital. August is the CSO/COO and Co-founder of CPI Capital, and Ava is the CEO and Co-founder of CPI Capital. Join in the conversation and learn how Canadians can invest in American real estate.Love the show? Subscribe, rate, review, and share!Here's How »Join The Level Up REI Podcast Community today:lisahylton.comTwitterInstagramFacebookLinkedInYouTube

Welcome to today's show! Today, we have a special guest who remarkably shares the same pursuit as mine: to help others invest safely in Commercial Real Estate, specifically in Multifamily deals.  August Biniaz is a Real Estate Developer, Fund Manager and General Partner with 15 years of experience in real estate. He is the co-founder of CPI Capital, where he acts as the CSO and COO working with operating partners across the US. August was instrumental in the closing of over $170 million of multifamily assets since inception. Not too long ago, I was also a guest in the podcast August hosts called the Canadian Passive Investing Academy. If you find this episode interesting, join us throughout the episode and connect with me or August through the links below for more valuable information on Passively Investing in the US while in Canada.   [00:01 - 17:05] Opening Segment  I Introduce our special guest for today's show How August came up with that business model What caused August to put so much energy and effort in this market Cash Flow and appreciation exists in the US To someone interested in investing passively Strategy for a huge market reach [17:06 - 37:48] August shares about his Investing life The challenges met by aspiring investors Put out the most fishing rods! Choose the “best buddy” you should be having What's your niche are you associated with? You're not selling, you're providing partnership What to expect when reaching CPI Capital The goal is for people to call you What the conversation should look like Dealing with people is an art Don't have a false sense of security Set your expectations accordingly Raising Capital in Canada What an EMD is    [37:49 - 46:12] Closing Segment Would August do things differently if given the chance? What August's daily life looks like Final Thoughts We will begin coaching sessions next month! If you are interested in my coaching and consulting program, please reach out to me through email at  shane@shanemelanson.com or see below for my website link. I want to make sure to cater those interested, so please use the word “coaching” on the body or subject line. Don't forget to connect with August and grab ahold of his business through the links below Tweetable Quotes: “The US is the pinnacle of capitalism in the world.” - August Biniaz “The US is more like a continent within itself.” - August Biniaz “We took the unusual route of becoming thought leaders in space. I don't recommend this to everyone. Utilize whatever strong asset you have within yourself.” - August Biniaz “Rather than giving them one platform to focus on, be the student of the game. The videos you watch, the podcast you listen to, the meetings you go to, the conversations you're having, should all be Real Estate related.” - August Biniaz ______________________________________________________________________   Follow August's LinkedIn and Email him at august@cpicapital.ca 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 on all Streaming platforms. Deezer, Apple Podcasts, Google Podcasts, Spotify, or visit our YouTube Channel. If you enjoyed this podcast and would like to go even deeper into the world of commercial real estate, head over to my website for more information on my services, new book, and my blog. Follow me on Facebook, Twitter, and Instagram. Or email me at shane@shanemelanson.com

On this episode of the Passive Income Attorney Podcast, Seth is joined by Canadian passive investing experts Ava Benesocky and August Biniaz as they talk about the importance of getting started with your passive investing empire now, so that you can live a life of freedom. Inside this episode you'll discover the mindset and strategies you'll need to make your first investment. Ava and August are co-founders of CPI Capital, a Canada-based real estate investment firm focused on multifamily investment opportunities in the United States. They share their discovery of the enlightened path in going from real estate agents to real estate investors. Enjoy the episode! “Educate yourself as much as you can, any chance you get. . .if you put your mind to it, you can achieve it.” HIGHLIGHTS: Here's a breakdown of what to expect in this episode: How to transition from real estate agent to real estate investor Differences in mindset between agents and investors How the US real estate market compares to the Canadian real estate market Why the United States is the best place in the world to invest in real estate How to invest as an international investor Educational, legal and tax hurdles and issues you need to know to invest internationally The best tips so you can get started with either active or passive investing And so much more!   ABOUT | AVA BENESOCKY AND AUGUST BINIAZ: Ava Benesocky is the CEO, and August Biniaz is the COO and CSO of CPI Capital. Together, they co-founded the company. CPI Capital is a Canada-based real estate investment firm in the business of discovering, acquiring, improving, and actively managing US Multifamily Rental Value-add Real Estate Assets. CPI specializes in identifying largely stabilized, revenue-producing assets that allow it to pay our investors regular distributions immediately after closing the property. Ava started her real estate career nine years ago in Alberta. Daughter of highly-educated accountant parents, she was taught the quality of hard work from a young age. Ava was able to become one of the youngest award-winning top agents at REMAX. Two years ago, Ava relocated to Vancouver. Building strong community connections, networking with real estate professionals, and constantly pursuing knowledge in the real estate field has given Ava the experience needed to succeed. Ava's greatest asset is her ability to cultivate long-lasting, trusting relationships with clients and investors. Putting people before profits is a model that has helped Ava be successful and appreciated. August is a real estate investment professional with a passion for sharing his knowledge and helping others reach their financial goals. He is the co-founder of Canadian Passive Investing, where he enables clients to earn substantial returns by investing in multifamily properties in the hottest US markets. August's real estate journey began as an agent in British Columbia, where he focused on local market trends and understanding his client base to meet their needs better. At this time, August was also flipping properties at significant margins. After numerous projects, August realized his interest in the construction industry and started his own development company, where he built custom homes.   FIND | AVA BENESOCKY AND AUGUST BINIAZ: YouTube: https://www.youtube.com/channel/UCBliV4We30bjaKqmqri8jQg Website: https://www.cpicapital.ca Investor Sign Up: http://cpicapital.cpicapital.ca/investor Newsletter Sign Up: http://cpicapital.cpicapital.ca/newsletter   CONNECT | SETH BRADLEY: Get Started | Download The Freedom Blueprint: http://www.attorneybydesign.com Subscribe and Leave a Rating and Review: Apple: https://podcasts.apple.com/us/podcast/the-passive-income-attorney-podcast/id1543049208 Spotify: https://open.spotify.com/show/5a0Qp9G2x337nZCDWoVgoO?si=MKn01_t8Tfu0JBZCnagrCw Join EPIC | The Esquire Passive Investor Club: https://passiveincomeattorney.com/join-the-passive-income/ Join | The Passive Income Attorneys Facebook Group: https://www.facebook.com/groups/passiveincomeattorneys Follow Us: Website:  https://passiveincomeattorney.com/ LinkedIn: https://www.linkedin.com/in/sethpaulbradley/ Facebook: https://www.facebook.com/passiveincomeattorney Instagram: https://www.instagram.com/passiveincomeattorney/  

On this episode of the Passive Income Attorney Podcast, Seth is joined by Canadian passive investing experts Ava Benesocky and August Biniaz as they talk about the importance of getting started with your passive investing empire now, so that you can live a life of freedom. Inside this episode you'll discover the mindset and strategies you'll need to make your first investment. Ava and August are co-founders of CPI Capital, a Canada-based real estate investment firm focused on multifamily investment opportunities in the United States. They share their discovery of the enlightened path in going from real estate agents to real estate investors. Enjoy the episode! “Educate yourself as much as you can, any chance you get. . .if you put your mind to it, you can achieve it.” HIGHLIGHTS: Here's a breakdown of what to expect in this episode: How to transition from real estate agent to real estate investor Differences in mindset between agents and investors How the US real estate market compares to the Canadian real estate market Why the United States is the best place in the world to invest in real estate How to invest as an international investor Educational, legal and tax hurdles and issues you need to know to invest internationally The best tips so you can get started with either active or passive investing And so much more!   ABOUT | AVA BENESOCKY AND AUGUST BINIAZ: Ava Benesocky is the CEO, and August Biniaz is the COO and CSO of CPI Capital. Together, they co-founded the company. CPI Capital is a Canada-based real estate investment firm in the business of discovering, acquiring, improving, and actively managing US Multifamily Rental Value-add Real Estate Assets. CPI specializes in identifying largely stabilized, revenue-producing assets that allow it to pay our investors regular distributions immediately after closing the property. Ava started her real estate career nine years ago in Alberta. Daughter of highly-educated accountant parents, she was taught the quality of hard work from a young age. Ava was able to become one of the youngest award-winning top agents at REMAX. Two years ago, Ava relocated to Vancouver. Building strong community connections, networking with real estate professionals, and constantly pursuing knowledge in the real estate field has given Ava the experience needed to succeed. Ava's greatest asset is her ability to cultivate long-lasting, trusting relationships with clients and investors. Putting people before profits is a model that has helped Ava be successful and appreciated. August is a real estate investment professional with a passion for sharing his knowledge and helping others reach their financial goals. He is the co-founder of Canadian Passive Investing, where he enables clients to earn substantial returns by investing in multifamily properties in the hottest US markets. August's real estate journey began as an agent in British Columbia, where he focused on local market trends and understanding his client base to meet their needs better. At this time, August was also flipping properties at significant margins. After numerous projects, August realized his interest in the construction industry and started his own development company, where he built custom homes.   FIND | AVA BENESOCKY AND AUGUST BINIAZ: YouTube: https://www.youtube.com/channel/UCBliV4We30bjaKqmqri8jQg Website: https://www.cpicapital.ca Investor Sign Up: http://cpicapital.cpicapital.ca/investor Newsletter Sign Up: http://cpicapital.cpicapital.ca/newsletter   CONNECT | SETH BRADLEY: Get Started | Download The Freedom Blueprint: http://www.attorneybydesign.com Subscribe and Leave a Rating and Review: Apple: https://podcasts.apple.com/us/podcast/the-passive-income-attorney-podcast/id1543049208 Spotify: https://open.spotify.com/show/5a0Qp9G2x337nZCDWoVgoO?si=MKn01_t8Tfu0JBZCnagrCw Join EPIC | The Esquire Passive Investor Club: https://passiveincomeattorney.com/join-the-passive-income/ Join | The Passive Income Attorneys Facebook Group: https://www.facebook.com/groups/passiveincomeattorneys Follow Us: Website:  https://passiveincomeattorney.com/ LinkedIn: https://www.linkedin.com/in/sethpaulbradley/ Facebook: https://www.facebook.com/passiveincomeattorney Instagram: https://www.instagram.com/passiveincomeattorney/  

Want to avoid mistakes in Long Distance Investing?  Download your FREE document at billykeels.com/7mistakestoavoid  Going Long Podcast Episode 160: Invest Across Country Borders to Accelerate R.E.I. Success In the conversation with today's guests, August Biniaz & Ava Benesocky, you'll learn the following:   [00:17 - 04:37] Show introduction with comments from Billy. [04:36 - 08:16] Guest introduction and first questions. [08:16 - 13:17] The backstory and decisions made that led August & Ava to this point in their journey.  [13:17 -18:06] How August and Ava felt when they first discovered Multi Family Syndication.  [18:06 - 25:21] Why August & Ava decided to invest long distance and outside of their own country in Real Assets, rather than only investing in their home market locations. [25:21 - 29:50] The ways that August & Ava bridge the issues of working with different currencies when it comes to investing, and how they are able to help others with these kinds of concerns.  [29:50 - 35:58] How August & Ava have gone about creating successful teams to ensure successful long distance multifamily investing.  [35:58 - 38:43] Some of the Tax Strategies that can help you grow your wealth when investing in the US from overseas.  [38:43 - 43:00] How August & Ava have been able to leverage technology such as online video meetings and other contemporary systems to streamline the investing workflow.    Here's what August & Ava shared with us during today's conversation:    Where in the world August & Ava are based currently: Vancouver, Canada. The most positive thing to happen in the past 24 hours: Found someone to help them with some technical issues, found a great person that they may want to partner with, and also have made a connection with a powerful person that they've been wanting to connect with for a long time! Favourite European City: Saint-Tropez A mistake that August & Ava would like you to learn from so that you don't have to pay full price: - August : If you have a concern or an issue while having a conversation don't just nod your head but ask for clarification! - Ava : Rather than try to build everything totally on your own from the ground up, look for those who are successful in the industry and follow their lead while putting your own spin on it! Be sure to reach out and connect with August Biniaz & Ava Benesocky by using the info below:  Website: https://www.cpicapital.ca/  Email: ava@cpacapital.ca  LinkedIn: https://ca.linkedin.com/in/avabenesocky-cpi-capital and https://ca.linkedin.com/in/august-biniaz-23291460  YouTube: https://www.youtube.com/channel/UCBliV4We30bjaKqmqri8jQg   To see the Video Version of today's conversation just CLICK HERE.   How to leave a review for The Going Long Podcast: https://youtu.be/qfRqLVcf8UI    Start taking action TODAY so that you can gain more Education and Control over your financial life.   Do you want to have more control and avoid the mistakes that I made getting started in long distance investing?  Then you can DOWNLOAD the 7 Mistakes to Avoid in Long Distance Investing Guide by clicking HERE.   Be sure to connect with Billy!  He's made it easy for you to do…Just go to any of these sites:   Website: www.billykeels.com Youtube: billykeels Facebook: Billy Keels Fan Page Instagram: @billykeels Twitter: @billykeels LinkedIn: Billy Keels

In this interview, we speak with Ava Benesocky and August Biniaz, Co-Founders of CPI Capital, a Canadian-based real estate investment firm. Having joined forces in 2019, Ava and August bring a broad range of skills to the real estate sector. CPI Capital was founded in the business of discovering, acquiring, improving, and actively managing multifamily rental value-add real estate assets in the United States.    In this episode, you will learn: Why Ava and August began investing in the U.S. How Canadian investors can participate in and raise capital for U.S. deals  What syndication means in real estate and how it works The process CPI Capital goes through to partner with active operators in selected regions (and why!) Overview of CPI Capital's 354-unit deal priced at $92 million USD  Why value-add opportunities are essential in multifamily investments and how they influence your NOI   *Remember to leave us a rating and review on your favourite podcast platform!   Connect With our Guest: Ava Benesocky and August Biniaz - Co-Founders of CPI Capital Website: www.cpicapital.ca  LinkedIn: https://www.linkedin.com/in/avabenesocky-cpi-capital    Connect With Us: Peak Multifamily Investments Instagram: @peakmultifamily Facebook: @peakmultifamily Facebook Group: Apartment Building Investors Network LinkedIn: Peak Multifamily Investments Email: connect@peakmultifamily.ca Website: www.peakmultifamily.ca   Mark Baltazar - Co-Founder, Peak Multifamily Investments Instagram: @mark_baltazar Facebook: Mark Baltazar LinkedIn: www.linkedin.com/in/mark-baltazar Email: mark@peakmultifamily.ca   Mike Rockall - Co-Founder, Peak Multifamily Investments Instagram: @rockallrealestate Email: mike@peakmultifamily.ca   More Resources: Looking to learn the steps you should take to invest in multifamily assets? Our on-demand video masterclass is now available! Get access now by visiting https://peakmultifamily.ca/masterclass    Do you want to gain insight into the world of apartment building investing? Here's your chance: We are hosting a webinar series! Sign up now: https://bit.ly/webregistration_podcast   We are currently buying 6-30 unit buildings all across Ontario. If you are looking to sell your building, visit https://peakmultifamily.ca/seller   Interested in learning more about our coaching and educational programs related to multifamily investing? Set up an introductory call with our hosts by visiting https://bit.ly/peak_coachingservices     Are you looking to purchase an apartment building? Join our V.I.P. buyers list by visiting https://peakmultifamily.ca/buyer   Sign-up to stay up to date on the latest webinars, events, podcast episodes and other resources pertaining to multifamily investing in Canada and building generational wealth. Visit: http://bit.ly/signup_peak   Visit https://bit.ly/peak-duediligence to download our FREE ‘Apartment Building Purchase Due Diligence Checklist'.   Visit http://www.peakmultifamily.ca/insights-and-resources for FREE access to apartment building investing webinars.    Visit our website at www.peakmultifamily.ca for more information about our investment strategy and other FREE resources to help guide you along your apartment building investment journey.  

August Biniaz and Ava Benesocky are co owners of CPI Capital, a Canadian investment firm. With a background as successful real estate agents, Ava and August saw an opportunity to bring multifamily opportunities in the U.S. to Canadian investors. Here's some of the topics we covered: Hurdles for Canadians Emulate successful people Importance of being coachable The value of mentors Learners are Earners To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email Partner@RodKhleif.com  For more information on our guest, please visit: https://www.cpicapital.ca/ Please Review and Subscribe

Real estate investing and business is a continuous learning experience. You have to understand what works for you and what doesn't. In this episode, Seti Gershberg and Jay Tenenbaum are joined by August Biniaz to discuss what is driving Canada's real estate market. August Biniaz is a real estate developer passionate about sharing his knowledge and helping others reach financial freedom. He is the co-founder of CPI Capital, where he enables investor partners to earn substantial returns by investing in multifamily properties in the hottest US markets. August discusses why Canadian investors invest in US real estate and not in their backyard. He also talks about how CPI Capital has built a thought leadership platform by cultivating and nurturing relationships with its investors.Love the show? Subscribe, rate, review, and share! https://www.remastermind.live/

We have not one—but two guests for you guys this week. Let's listen to the story of Ava Benesocky and August Biniaz of the Canada-based real estate investment firm, CPI Capital. Ava Benesocky and August Biniaz are the founders and CEOs of CPI Capital, a real estate investment company that focuses on helping both US and Canada-based investors find opportunities in the US multifamily market. With both having started as real estate agents, Ava and August put their skills, knowledge, and experience together to turn CPI Capital into what it is today. In this episode, we get the low-down on how Ava and August built CPI Capital, as well as how they gained interest in the US market in the first place. They also talk about how they chose the right corporate structure in Canada vs. the US, with each having its unique pros and cons. Ava and August also talk about the challenges that they have encountered in the business, including—surprisingly—having too-high returns. And since CPI Capital is a young company, the two CEOs also let us in on their future plans to scale. If you are in Canada or in another part of the world and are interested in investing in the US market, this episode can give you valuable insights on what it's like being a foreign investor. KEY TAKEAWAYS 1. Some Canadian investors can qualify for certain US tax benefits, depending on their investment plans. 2. In the private equity space, the general partner's compensation is relative to their performance and the asset's performance. 3. When the real estate industry is not ideal in your country, it may be time to invest in a foreign land. 4. Currently, the US can be regarded as the country with the highest yield in the West. LINKS https://www.cpicapital.ca/ https://www.linkedin.com/in/august-biniaz-23291460 https://www.linkedin.com/in/avabenesocky-cpi-capital/ https://reedgoossens.com/ "Want to invest in my deals? - Click Here to Find out More!" and link to my website: https://reedgoossens.com/invest-with-reed/

Introducing August Biniaz, Founder and Director of Canadian Passive Income and Ava Benesocky, a Co-Chief Executive Officer at CPI Capital on my 7 Figure Real Estate Podcast. Biniaz is a real estate investment professional with a passion for sharing his knowledge and helping others reach their financial goals. He is the co-founder of Canadian Passive Investing, where he enables clients to earn substantial returns by investing in multifamily properties in the hottest US markets. He educates his investor partners about Apartment Syndication Investing through Canadian Passive Investing (CPI) Academy platform, Webinars, MeetUp Groups, and One on One Coaching. August brings to CPI a breadth of experience and knowledge with over 15 years in real estate, business and investing. August's real estate journey began as an agent in British Columbia, where he focused on local market trends and understanding his client base in order to better meet their needs. At this time, August was also flipping properties at significant margins. After numerous projects, August realized his interest in the construction industry and started his own development company, where he built custom homes. August continued to expand on scouting opportunities to partner with associates to develop land. August knew his passion was not only in building but in creating wealth for his network and in identifying undervalued real estate opportunities, which launched his enterprise into syndicated multifamily investments. Honor, integrity, and knowledge are fundamentals Ava uses when dealing with Investors. With almost a decade of experience in real estate, Ava brings a wealth of knowledge and experience to CPI. Ava started her real estate career nine years ago in Alberta. Daughter of highly educated accountant parents she was taught the quality of hard work from a young age. Ava was able to become one of the youngest award winning top agents at REMAX. Two years ago, Ava relocated to Vancouver. Building strong community connections, networking with Real Estate Professionals and constantly pursuing knowledge in the real estate field has given Ava the experience needed to succeed. Ava's greatest asset is her ability to cultivate long lasting, trusting relationships with clients and investors. Putting people before profits is a model that has helped Ava be successful and appreciated. To learn more about August & Ava, listen to the full interview.

Our guests on Discovering Multifamily episode 149 are the Founders of CPI Capital (Canadian Passive Investing). CPI identifies multifamily value-add opportunities that allow our investors to receive gains beyond organic asset appreciation. CPI provides busy professionals with direct access to tax-advantaged, passive income-generating assets.Our guests bring their expertise to the real estate by educating their investor partners about Apartment Syndication Investing through Canadian Passive Investing (CPI) Academy platform, Webinars, MeetUp Groups, and One on One Coaching.Let's dive right in and learn from Ava Benesocky and August Biniaz how to be an international passive investor.Podcast Links:  iTunes: https://podcasts.apple.com/us/podcast/discovering-multifamily/id1506820688#episodeGuid=Buzzsprout-3366217  YouTube: https://youtu.be/ir1ttp-svtk     Website: www.redknightproperties.com/media     Spotify: https://lnkd.in/gfcVc3p   #financialfreedom #passiveinvesting #activeinvesting #investsmart #investwisely #buildingwealth #multifamily #podcast #Red Knight Properties #Anthony Scandariato #Brian Leonard #investing in real estate #investing in multifamily #investing in syndication

Finding investors is one of the key factors in running successful multifamily syndication. One way you can increase your chances of finding them is by opening your doors to foreign investors. And sometimes, you do not need to look far as there are a lot of interested investors in our neighboring country, Canada.In this episode, we pick the brains of August Biniaz and Ava Benesocky, founders of CPI Capital. August and Ava have been Canadian real estate professionals who fell in love with the apartment syndication concept and developed a compliant and tax-efficient process for Canadians to invest in US multifamily syndications. Tune in now and learn how you can welcome Canadian investors into your business with ease!

Our guests for today are the Founder and Co-Cheif Executive Officer of CPI Capital. CPI identifies multifamily value-add opportunities that allow our investors to receive gains beyond organic asset appreciation. CPI provides busy professionals with direct access to tax-advantaged, passive income-generating assets, while our experienced team manages the properties. CPI offers opportunities through Canada’s first regulated digital securities trading platform.Our guests bring their expertise to the real estate by educating their investor partners about Apartment Syndication Investing through Canadian Passive Investing (CPI) Academy platform, Webinars, MeetUp Groups, and One on One Coaching.Let’s dive right in and learn from Ava Benesocky and August Biniaz how to be an international passive investor. [00:01 – 13:05] Opening Segment We introduce our guests, Ava Benesocky and August BiniazAva and August talk about their background and how they started CPI Capital[13:06 – 20:01]  Being Fiscally Incentivized With Skin In the GameAva and August talk about seeing the need and filling the voidLearning and growing systems Ava and August go over their passion for education[20:02 – 30:41]  How Do You Get The Average Joe To Google You?Ava and August talks about scaring people with high returnsHedging against inflation with a hard asset[30:42 – 39:02] How Am I Supposed To Invest In Real Estate?Ava's and August's bad investing adviseFinal thoughtsAva's and Augusts book recommendations:Best Ever Apartment Syndication BookThe Checklist ManifestoTweetable Quotes:“we've democratized real estate investing for the retail investors here in Canada. And how and how have we done that? We've opened the doors to this type of institutional assets for nonaccredited and accredited investors.” – Ava Benesocky“18-year-olds can start building their wealth. You don't like who's going to be an accredited investor when they're eighteen years old.” – Ava Benesocky“apartment syndication or real estate syndication, this concept of pooled capital to buy real estate upgraded and sell it.” – August Biniaz“You're creating jobs. You're building a better community for others. You're building your investor's wealth and you and you're creating jobs for people on both sides of the border in our situation.” – August BiniazConnect with Ava Benesocky and August Biniaz! See the links below:Go to their LinkedIn - August, LinkedIn - Ava, Facebook, and Instagram, pages to connect with Ava Benesocky and August Biniaz. Visit their Website and YouTube.

We always say that the United States of America is the Land of Opportunity. It offers a lot of opportunities even for non-US citizens. Ava Benesocky and August Biniaz from CPI Capital join us in this episode to share creative ways to invest in the US real estate space while you are living in Canada. They answer some common questions, including those related to double taxation. Their personal mission is to educate Canadians about passive investing, helping them create wealth through real estate. Tune in now and learn how to invest in the US from Canada![00:01 - 06:05] Opening SegmentThe challenges and opportunities they saw in real estate [06:06 - 15:32] Real Estate Investing in Canada and the US Ava and August walks us through the real estate investing in Canada How they decided to jump into the US real estate investing [15:33 - 26:00] Real Estate Education for Canadians The reality of investing in real estate in CanadaAva and August talks about their educational platform[26:01 - 36:11] Benefits of Real Estate Investing Don’t miss their personal projections about US real estate investingHow to avoid double-taxation according to August and AvaWhat next for Ava and August?[36:12 - 42:37] Closing SegmentListen to their advice to create wealth successfully Connect with Ava and August Links belowFinal words from us Tweetable Quotes: “Diversification is a great way to have your investment portfolio that’s helping you build your wealth…get your money working for you while you sleep.” - Ava Benesocky“I always wish health, wealth, and happiness on my loved ones and friends and associates. It all doesn’t matter if happiness is not there.” - August BiniazResources mentioned:Our previous episode with Dan Handford: 4,800+ Units in Syndication Deals and $275M Portfolio Value Maximizing Systems and PlatformsJeremy Roll------------------------------------------------------------------------------------------Get in touch with August on LinkedIn, Facebook, Twitter. Connect with Ava on LinkedIn. Learn why multifamily investing is a lucrative endeavor! Check out CPI Capital.Guest email: ava@cpicapital.ca & august@cpicapital.ca Are you a Canadian planning to invest in real estate? Check out the Canadian Passive Investing Academy!Invest in Ava’s next multifamily deal. Start hereInvest in August’s next multifamily deal. Start here.Subscribe to their newsletterConnect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> abel@5tcre.comSupport the show (https://www.buymeacoffee.com/5Talents)