Podcasts about bar down investments

Get my new book: https://bronsonequity.com/fireyourself Download my new special report - How to Use Inflation to Your Advantage - www.bronsonequity.com/inflation Welcome to our latest episode! Today, we are thrilled to feature an extraordinary panel of real estate experts: Kathy Fettke, Veena Jetti, Kaaren Hall, and Ashley Wilson. These trailblazing women share their diverse insights on navigating today's real estate market, leveraging innovative strategies, and embracing opportunities during challenging times. Kathy Fettke is a seasoned investor and media personality, co-founder of RealWealth, and host of "The Real Wealth Show" and "Real Estate News for Investors." Kathy offers a unique perspective on real estate trends and economics, empowering investors to achieve financial freedom. Veena Jetti, founder of Vive Funds, is a multifamily expert managing a $1 billion portfolio. Known for her innovative approaches to real estate and deep expertise in finance, Veena is passionate about scaling and creating value in her deals. Kaaren Hall, CEO of uDirect IRA Services, is a leading authority on self-directed IRAs and retirement investing. She helps investors unlock alternative asset opportunities, from real estate to precious metals and more. Ashley Wilson, co-founder of Bar Down Investments and author of The Only Woman in the Room, is a multifamily operations expert who has managed over $13 million in construction projects and 1,500 units. Ashley's meticulous approach to operations drives unparalleled results. In this episode, the panel discusses the current state of real estate investing, including strategies for navigating rising interest rates, value-add projects, and creative financing. They explore how operations excellence can mitigate risks and provide a competitive edge, while touching on innovative approaches like 3D-printed housing and container homes. The conversation also delves into the critical role of women in real estate, challenges faced in the industry, and opportunities to create inclusive spaces for future leaders. Tune in now to learn from these powerhouse women about how to thrive in today's real estate landscape and beyond! TIMESTAMPS 00:05 – Guest intro: Kathy Fettke, Veena Jetti, Kaaren Hall, and Ashley Wilson 01:10 – Challenges and opportunities in the current real estate market 04:45 – Rising interest rates and their impact on investments 09:20 – Strategies for creative financing and value-add projects 14:15 – Innovative solutions in construction, including 3D printing and container homes 20:30 – Self-directed IRAs for real estate investing 32:45 – Unique opportunities in today's real estate landscape 40:20 – Diversity and inclusion in real estate leadership 49:15 – Key takeaways and actionable insights from the panel 56:00 – Closing remarks Connect with the Guests: Kathy Fettke Website: https://realwealth.com/ LinkedIn: https://www.linkedin.com/in/kathyfettke/ Instagram: https://www.instagram.com/kathyfettke/?hl=en Linktree: https://link.me/kathyfettke Veena Jetti Website: https://vivefunds.com/ LinkedIn: https://www.linkedin.com/in/veenajetti/ Instagram: https://www.instagram.com/veenajetti/?hl=en Kaaren Hall Website: https://udirectira.com/ LinkedIn: https://www.linkedin.com/in/kaarenhall/ Instagram: https://www.instagram.com/kaarenhall/ Ashley Wilson Website: https://www.bardowninvestments.com/ LinkedIn: https://www.linkedin.com/in/badashinvestor/ Instagram: https://www.instagram.com/badashinvestor/?hl=en Linktree: https://linktr.ee/BadAshInvestor #RealEstateInvesting #WomenInRealEstate #RealEstateMasters #RealEstateInnovation #InvestmentStrategies

J Scott, Partner at Bar Down Investments and Host of the Drunk Real Estate Podcast, discusses the current state of the multifamily housing market, focusing on trends, challenges in new construction, the impact of wages on rent growth, and the dynamics of supply and demand. They explore the implications of low housing starts, the importance of tenant affordability, and innovations in construction methods, including modular housing. The discussion highlights the complexities of the market and the interplay between economic factors and housing availability. J Scott | Real Estate Background Partner at Bar Down Investments and Host of the Drunk Real Estate Podcast Portfolio:  About 1,000 units of SFR and multifamily 5,000 units as an LP Based in: Sarasota, FL Say hi to him at:  jscott.com Best Ever Book: Thinking, Fast and Slow by Daniel Kahneman Greatest Lesson: The value in holding property for the long-term. That's where real wealth building happens. Sponsors: Altra Running Sunrise Capital Learn more about your ad choices. Visit megaphone.fm/adchoices

What's the current state of the multifamily real estate market, and how can investors navigate today's economic challenges? In this episode, we welcome J Scott, a partner at Bar Down Investments and an acclaimed real estate investor. He's also the author of five books published by BiggerPockets and co-host of the very popular Drunk Real Estate Podcast. In our conversation, J delves into the impact of the recent interest rate cuts on mortgage and cap rates, explains trends in housing supply and demand, and examines how inflation and economic shifts are influencing multifamily properties. He also shares advice on overcoming rising expenses, navigating distressed debt opportunities, and avoiding common mistakes as a real estate investor. Join us to gain insights on managing multifamily investments in a rapidly evolving market with J Scott. Tune in now!Key Points From This Episode:The influence of recent rate cuts on mortgage rates and the multifamily market.Cap rates and why current conditions create a buyer's market.Navigating market volatility and why buying during downturns is a good strategy.Key economic indicators that J tracks to uncover industry trends. How inflation has capped rent growth while increasing operating costs.Perspectives on the most common mistakes real estate investors make.J's advice: invest for the long term and avoid selling assets prematurely.Links Mentioned in Today's Episode:J ScottJ Scott on XJ Scott on LinkedInBar Down InvestmentsDrunk Real Estate PodcastBiggerPockets BiggerPockets Books by J ScottAsset Management Mastery Facebook GroupBreak of Day Capital Break of Day Capital InstagramBreak of Day Capital YouTubeGary Lipsky on LinkedInJoseph Fang on LinkedIn

Join us in this episode as we explore Ashley Wilson's journey from house flipping to multifamily investing! Listen in as she delves into the critical role of knowing the construction space and its impact on the success of a multifamily business, the power of networking and connecting with people, and building generational wealth through multifamily investments.Key Points & Relevant TopicsAshley's transition from corporate America into real estate investingWhy Ashley decided to shift her investment strategy from flipping and house hacking to multifamily investingBenefits of having a background in constructionHouse flipping vs. multifamily investingThe importance of creating partnerships and building networks in commercial real estateSteps to efficiently handle and deal with construction projectsHow to communicate with insurance providers effectivelyManaging contingency plans, budget allocation, and reservesResources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout Ashley WilsonAshley Wilson, is the Co-Founder of Conference Connect, Founder and CEO of Bar Down Investments, LLC, Co-Founder of Apartment Addicts & Co-Founder of HouseItLook, LLC, Best Selling Author of The Only Woman in the Room, Knowledge and Inspiration from 20 Women Real Estate Investors, a regular contributor to RENT magazine and has hosted several BiggerPockets multifamily series.  She started investing in real estate in 2009 and has been involved in over $165 million in transactions and managed over $13 million in construction, within both single and multifamily, across over 1,500 units. In addition to operating her own investments, Ashley provides consulting and mentorship to other operators and investors.  Ashley graduated on the Dean's List from Colgate University and then received a Masters in Leadership Development from Penn State University, where she was inducted into the Beta Gamma Sigma Honor Society. Ashley is a certified Six Sigma Lean Professional (SSLP) and a certified NAA Independent Rental Owner Professional (IROP). Today Ashley serves on the Penn State Real Estate Board, the Co-Chair of her alma mater, Colgate University, and a Montgomery School Board of Trustee. Outside of real estate she enjoys spending time with her family and competing her horses in the hunter-jumpers. Get in Touch with AshleyWebsites    www.BarDownInvestments.com   www.ApartmentAddicts.com    www.HouseItLook.com  www.ConferenceConnect.com Social MediaInstagram: @badashinvestor  Facebook: Badashinvestor  Youtube: BadAsh Investor  Linkedin: Ashley Wilson  To Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!

In this episode of The Build Up, Malessa and Candice welcome Ashley Wilson, a serial entrepreneur and best-selling author with over $165 million in real estate investments across 1,500 units. Ashley shares her transition from a Pharma career to real estate, discussing her businesses—HouseItLook, focused on home flipping, and Bar Down Investments, centered on multifamily properties. She also reveals the inspiration behind her book The Only Woman in the Room, highlighting the challenges of being a female investor. Tune in for insights on investment strategies, risk mitigation, and the future of female representation in real estate. Filmed at Brown Harris Stevens' Studio 1873, Part of the Mastery of Real Estate (MORE) Network. Subscribe Now: https://podcasts.apple.com/us/podcast/the-build-up/id1716615268 Connect with Candice Milano here: https://www.bhsusa.com/real-estate-agent/candice-milano Connect with Malessa Rambarran here: https://www.bhsusa.com/real-estate-agent/malessa-rambarran Brown Harris Stevens is one of the largest privately owned real estate brokerages in the country, with more than 40 offices across four states: New York, New Jersey, Connecticut, and Florida. https://bhsusa.com/ #thebuildup #nyc #realestate

Welcome back to the Live Off-Rent Show! In this episode, host Brian Davis sits down with Jay Scott, entrepreneur, investor, advisor, and partner at Bar Down Investments. Jay has an impressive track record with over $150 million in real estate transactions and is the author of five BiggerPockets books on real estate investing. Jay shares his journey from flipping single-family homes to focusing on large multifamily properties and discusses his current strategy of low-risk preferred equity investments. Learn how to invest safely in real estate, mitigate risks, and achieve consistent returns.

J Scott (he goes by "J") is a Partner at Bar Down Investments.  An entrepreneur, investor, advisor, and author, J is business guy by education and spent much of his early career in Silicon Valley (California), where he held management positions at several Fortune 500 companies, including Microsoft and eBay.In 2008, J and his wife Carol quit their corporate jobs, moved back East, got married, started a family and decided to focus on real estate and investing. In the past fifteen years, J has personally transacted over $150M in property all around the country.J is the former host of the top-rated BiggerPockets Business Podcast and currently co-hosts the widely acclaimed podcast, Drunk Real Estate.  He is the author of five books on real estate investing, including the best-selling, The Book on Estimating Rehab Costs. His books have sold over 500,000 copies in the past ten years and have helped investors from around the world get their start with real estate.  He is also a strategic advisor and mentor to several companies, business owners and entrepreneurs.  He is co-founder of Apartment Addicts, where he helps aspiring multifamily investors achieve their investing goals.J and his family currently live in Sarasota, FL. Accomplishments & Awards Author of five books on real estate and investing, with over 450,000 copies sold Former co-host of the top-ranked BiggerPockets Business Podcast Advisor to BiggerPockets  Advisory Board Member for several startup companies in the PropTech industry Regular contributor to Rent Magazine Featured in Business Insider ContactJ@BarDownInvestments.com RANDY SMITH Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor

Real estate legend J Scott joins host Joe Cornwell on the Best Ever Show. In this episode, for the first time ever, J Scott discusses his approach to diversification, his biggest regrets from hundreds of single-family flips, and how to strategically make asymmetric bets. He also shares his general investment philosophy, how it has changed with the markets, and how history can (usually) tell you how and where to win. J Scott | Real Estate Background Partner at Bar Down Investments and Host of the Drunk Real Estate Podcast Portfolio:  About 1,000 units of SFR and multifamily 5,000 units as an LP Based in: Sarasota, FL Say hi to him at:  jscott.com Best Ever Book: Thinking, Fast and Slow by Daniel Kahneman Greatest Lesson: The value in holding property for the long-term. That's where real wealth building happens. Sponsors: SyndicationAttorneys Baselane InvestHER

Ashley Wilson, Founder of Bar Down Investments, joins us to discuss her real estate investing journey, from high end flips to large multifamily assets. We discuss asset management, raising capital, construction management, and much more. Connect with Ashley at https://www.bardowninvestments.com/ To join the DJE Investor list visit https://www.djetexas.com/access For multifamily mentoring visit https://www.ApartmentEducators.com The post The DJE Podcast #253 with Ashley Wilson first appeared on DJE Texas Management Group.

Tune in to this special spotlight episode of Left Field Investors as we shine a light on current economic conditions with J Scott, co-owner of Bar Down Investments. In this spotlight episode, J Scott shares his expertise on the current economic outlook and how it impacts limited partner investors. He also offers valuable insights into upcoming trends that could influence the economy and investments. Join us and gain exclusive knowledge to enhance your passive investing strategy. Don't miss out on this thought-provoking conversation!   About J. Scott  J. Scott is a keen observer of economic trends, adept at analyzing data to discern patterns at the macro level. His approach to the economy is twofold: he not only relies on hard numbers and government-released data to gauge the state of affairs but also places significant emphasis on the sentiments and experiences of individuals. Scott recognizes the discrepancies that can arise between empirical data and public perception. He is currently focused on navigating a situation where such a divergence is particularly striking, highlighting his ability to synthesize different sources of information to understand complex economic realities.   Here are some power takeaways from today's conversation:3:05 Economic Outlook8:59 Sentiment vs data15:29 Where can you put your cash today for the future?17:12 Pay attention to this in the economy22:55 AI and the economy23:27 Thank you  This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.       Resources Mentioned:Website: www.JScott.comInstagram: https://www.instagram.com/jscottinvestor/Facebook: https://www.facebook.com/jscottinvestorLinkedIn: https://www.linkedin.com/in/jscottinvestor/Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suh -  https://www.leftfieldinvestors.com/books/Advertising Partners:Left Field Investors - BEC - https://www.leftfieldinvestors.com/bec/Tribevest - https://www.tribevest.com/Rise48 - https://rise48.com/Vyzer - https://vyzer.co/

Today, we'll start the new year with an incredible guest, J Scott. We invited him as our first guest in 2024 to share his and his wife's journey to investing success in single-family and multifamily, why everyone treats real estate as a business, and his expert judgment about real estate in the current economy.Keep supporting the show so we can share more value, wisdom, and prosperity through investing for more years!Key Points & Relevant TopicsJ's transition from the tech industry to flipping single-family houses to multifamily syndicationsBeing exposed to the business world to overcome the fear of the unknownWhat it takes to make house-flipping a functional and profitable businessHow to identify what's needed for building a successful single-family flipping business4 things that will make a business workThe importance of having metrics and keeping track of what's working or not in a businessSingle-family vs multifamily investingDoes it make a huge impact on real estate if the economy is changing?J's insights about the recession and misconceptions in today's real estate marketResources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout J ScottJ Scott (he goes by "J") is an entrepreneur, investor, advisor, and author. An engineer and business guy by education, J spent much of his early career in Silicon Valley (California), where he held management positions at several Fortune 500 companies, including Microsoft and eBay. In 2008, J and his wife Carol quit their corporate jobs, moved back East, got married, started a family and decided to focus on real estate and investing. In the past fourteen years, they have bought, built, rehabbed, sold, lent-on, and held over $150M in property all around the country. J is also a strategic advisor and mentor to several companies, business owners, and entrepreneurs.J is a partner at Bar Down Investments, focusing on purchasing and repositioning large multifamily projects. He is the former host of the top-rated BiggerPockets Business Podcast and is the author of five books on real estate investing, including the best-selling, The Book on Flipping Houses. His books have sold over 350,000 copies in the past nine years and have helped investors from around the world get their start with real estate.Get in Touch with JWebsite and Linktree: https://linktr.ee/jscottinvestor / Bar Down InvestmentsInstagram: @jscottinvestorFacebook: Jason ScottLinkedIn: J ScottTo Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!

Ashley Wilson, CEO of Bar Down Investments, covers a wide variety of topics and challenges facing today's real estate investors. She discusses the current market conditions and the challenges her team is facing in evaluating property values. Ashley shares the types of value-add deals they are looking for, including distressed properties and unfinished projects with insights into the losses experienced by developers in the current market. She also shares her insights on preparing for the impact of COVID-19 and gives recommendations for giving back and learning from investment mistakes. Key Takeaways: Operations is Everything: In a downturn, when interest rates and costs are rising fast, the only thing you can fall back on is solid operations. Ashley shares the strategies and safeguards her team has in place to protect their deals and their investors when times get tough. Relationships Are Key in Commercial Real Estate: Ashley emphasizes that commercial real estate is a highly relationship-based industry. Building strong rapport with brokers, investors, and other stakeholders is paramount to gain a competitive edge. Adaptability and Forward Thinking: Ashley's experiences during the COVID-19 pandemic demonstrate the significance of adaptability and forward thinking in real estate. She outlines the steps her team took before the pandemic hit, which allowed them to thrive when others struggled. Planning for multiple scenarios and being prepared for unexpected market shifts is crucial. Value-Add Strategies and Community Building: Ashley discusses her approach to value-add investments, focusing on existing properties. Her strategy extends beyond cosmetic enhancements, encompassing operational improvements, safety measures, and community engagement. By making investments that benefit both tenants and the local community, investors can create long-term value and goodwill. Ashley Wilson | Real Estate Background CEO of Bar Down Investments Portfolio:  Multifamily properties Based in: Newtown Square, PA Say hi to her at:  BarDownInvestments.com ApartmentAddicts.com Instagram Best Ever Book: Rich Dad, Poor Dad by Robert Kiyosaki Greatest Lesson: Not everyone analyzes deals the same way, and that's okay. Not every deal has to fit in your perfect little box.   Check out Ashley's previous episode: 2377 - Raising Occupancy and Avoiding Skips during Covid with Ashley Wilson   Sponsors BV Captial BAM Capital

Enjoy this conversation with J. Scott with Bar Down Investments. In this episode Jonathan and J discuss leading economic indicators, the impending distress in CRE, building the J. Scott brand, J's best and worst deals, and what markets J loves right now. Listen to J's podcast, entitled Drunk Real Estate.  J Scott is an entrepreneur, investor, advisor, author, and partner at Bar Down Investments, focused on buying and repositioning large multifamily properties. In the past fourteen years, J has bought, built, rehabbed, sold, lent-on and held over $150M in property around the country. J holds strategic advisor roles in several companies and is the author of five BiggerPockets books on real estate investing, including the best-selling, The Book on Flipping Houses. Connect with J:www.connectwithjscott.comTakeawaysThe current state of the economy and commercial real estate market is uncertain, with inflation and interest rates being key factors to watch.Building a brand requires being genuine, providing value, and leveraging your strengths and interests.Networking and building relationships are crucial for finding deals and raising capital in the current market.Being honest and transparent with investors is essential for building trust and long-term success.Chapters00:00Introduction and Background03:24The Current State of Commercial Real Estate Investing11:55Potential Distress in Commercial Real Estate20:28Building the J Scott Brand25:09Partnership with Ashley Wilson40:12Market Excitement and Best/Worst Deals43:04Tips for Finding Deals and Raising Capital45:20Recommended Resource and ConclusionSupport the podcast by making a monthly donation through Patreon. When you contribute, you'll get access to bonus content not available anywhere else. If you enjoyed this episode, you would probably enjoy reading my weekly newsletter. Every Friday, you'll get a behind the scenes look at my investing, including current events in commercial real estate, deals I'm working on, and random personal things going on in my life. It's a super quick read and you can unsubscribe anytime. - Jonathan Subscribe to the newsletter here: www.thesourcecre.com/newsletterEmail Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*Some or all of the show notes may have been generated using AI tools.

Are you curious about the untapped potential of the commercial real estate market? Discover the power of holding property and the critical lessons learned by J Scott in his journey of flipping 450 houses. Join us as we delve into the fascinating insights he shares about affordability, government intervention, and cash management in this engaging episode. Key Takeaways: Market Dynamics and Affordability: J Scott discusses the evolving dynamics of the real estate market, emphasizing the impact of shifting demographics on affordability. He highlights the importance of understanding the distinctions in the rental market and how different income brackets are affected. Cash Management and Inflation: J Scott emphasizes the significance of cash management and the role it plays in real estate investing, especially during periods of inflation. He provides valuable insights into the relationship between inflation and treasury yields, offering a balanced perspective on the impact of inflation on investment strategies. Government Intervention and Long-Term Solutions: J Scott explores the role of government intervention in addressing affordability challenges in real estate. He advocates for incentivizing investors to create market-based solutions, rather than relying solely on legislative measures, and discusses the potential long-term implications for the real estate landscape.   J Scott | Real Estate Background Partner at Bar Down Investments and Host of the Drunk Real Estate Podcast Portfolio:  About 1,000 units of SFR and multifamily 5,000 units as an LP Based in: Sarasota, FL Say hi to him at:  jscott.com Best Ever Book: Thinking, Fast and Slow by Daniel Kahneman Greatest Lesson: The value in holding property for the long-term. That's where real wealth building happens.   Click here to learn more about our sponsors: BV Captial CRE Daily BAM Capital Rentec Direct Syndication Attorneys      

In today's riveting episode of Inside The Wolf's Den, Shawn and Joni Wolfswinkel delve into an enlightening conversation with the renowned real estate mogul J Scott, a partner at Bar Down Investments. Known for his broad spectrum of expertise, J is an entrepreneur, investor, advisor, author, and former Silicon Valley executive with prestigious stints at Fortune 500 companies like Microsoft and eBay. In a pivotal move in 2008, J, along with his wife Carol, chose to step away from their corporate jobs. They relocated back East, started a family, and decided to focus on real estate and investing. The gamble paid off tremendously, as J has since transacted over $150M in properties across the country over the past fifteen years. Listeners will be familiar with J from his time hosting the top-rated BiggerPockets Business Podcast and his current role co-hosting the widely acclaimed Drunk Real Estate. Also a best-selling author, J has penned five influential books on real estate investing, with his magnum opus, 'The Book on Estimating Rehab Costs', selling over half a million copies. Adept at guiding others on their path to success, J also serves as a strategic advisor and mentor to multiple companies, business owners, and entrepreneurs. As the co-founder of Apartment Addicts, he empowers aspiring multifamily investors to reach their investing goals. Currently residing in Sarasota, FL, J brings a wealth of knowledge and a unique perspective to the show. Join us on this episode of Inside The Wolf's Den as we explore J Scott's remarkable journey, his strategies, and the wisdom he's gleaned from his diverse experiences. It's an episode packed with insights that real estate enthusiasts and aspiring investors won't want to miss! Bar Down Investments Link: https://www.bardowninvestments.com/

Download my new special report - How to Use Inflation to Your Advantage - www.bronsonequity.com/inflation In this episode with Ashley Wilson, we delve into the essential strategies for becoming a successful and educated passive investor in the dynamic world of real estate. We'll uncover the key takeaways that will ensure your long-term growth and wealth-building. Our discussion also highlights the significance of investing based on property operations and the role of a skilled operator. It's not just about hoping for real estate values to always go up; it's about understanding the day-to-day functioning of your investments. Ashley is a seasoned Real Estate Investor, Multifamily Owner, and Coach. She's the Founder and CEO of Bar Down Investments, LLC, and a driving force behind Apartment Addicts & HouseItLook, LLC. Ashley is a Best-Selling Author, known for "The Only Woman in the Room," offering insights from 20 Women Real Estate Investors. Since starting in 2009, Ashley has been part of over $165 million in transactions and managed $13 million in construction across 1,500 units. Her contributions span beyond investments, including consulting, mentoring, and insightful contributions to magazines and BiggerPockets. Tune in and empower yourself with the knowledge needed for a successful real estate investment journey! 00:40 – Episode Overview 01:28 – Guest Intro: Ashley Wilson 02:29 – Investing in challenging asset classes 05:36 – Best practices for commercial real estate operators 10:35 – The multifamily market in a precarious situation 15:35 – Uncertainty in the multifamily real estate market 20:35 – Impact of market conditions on self-storage and warehouse industries 25:35 – Budget Shortfall & Women in Real Estate Syndication 30:35 – Women's success in real estate investing 34:15 – Outro | Bronson's new book: Fire Yourself Connect with the Guest: Website: https://www.badashinvestor.com/ Linktree: https://linktr.ee/BadAshInvestor Instagram: https://www.instagram.com/BadAshInvestor/ Youtube: https://www.youtube.com/channel/UC-wyOMIsiRnIgaOXuoDDiBg #RealEstateInvesting #PassiveInvesting #RealEstateOperator

J Scott is an entrepreneur, investor, advisor, author, and partner at Bar Down Investments, focused on buying and repositioning large multifamily properties. In the past fourteen years, J has bought, built, rehabbed, sold, lent on, and held over $150M in property nationwide. J holds strategic advisor roles in several companies and is the author of five BiggerPockets books on real estate investing.Main Points:Where and when did you begin your real estate investing journey?Take us through the step-by-step real estate negotiation process.How do you set up win-win-win strategies so there are no losers?What are our biggest mistakes in negotiating, and how can we avoid them?What was your most difficult negotiation skill to learn?What negotiation skill still to this day gives you the greatest challenge?What is one negotiated deal you most wish you could return to redo, and what would you do differently now that you have years of negotiation experience?What has been your biggest setback in life?Connect with J Scott:(https://www.amazon.com/stores/J-Scott/author/B00KQK5PI6)j@jscott.comhttps://www.linkedin.com/in/jscottinvestor/https://www.facebook.com/jscottinvestor/https://www.instagram.com/jscottinvestor/?hl=enhttps://www.youtube.com/@bardowninvestmentshttp://bardowninvestments.com

Operating multifamily properties like a business can yield incredible results. In this episode, Ashley Wilson provides valuable insights into operating multifamily properties like a business rather than just as real estate assets. Her focus on controlling operations, renovating units quickly, and analyzing marketing strategies demonstrates how a business mindset can maximize returns.Ashley Wilson is the founder and CEO of Bar Down Investments, co-founder of Apartment Addicts, and co-founder of HouseItLook. She is a bestselling author, a regular contributor to Rent Magazine, and has been involved in over $210 million in multifamily transactions managing over 1,500 units.Here are some power takeaways from today's conversation:[03:09] Ashley's introduction to real estate[05:22] Why multifamily is the star of the show[08:47] Maximizing success through controlled factors[15:08] The importance of time and internal rate of return in investments[19:07] Why renovate as many units as possible[26:53] Unveiling the power of business fundamentals for success[31:41] The problem with rate caps and strike ratesEpisode Highlights:[05:22] The Resilience and Benefits of Multifamily Real EstateWhen it comes to real estate investing, multifamily properties undoubtedly take the spotlight. Not only because of their solid fundamentals, they're also found to be the most recession-resistant asset class within the industry. Time and again, historical data have demonstrated their remarkable performance. The ability to exercise control over these assets is a key advantage that sets them apart. Additionally, they offer attractive tax benefits, which were previously a concern in the single-family space. Multifamily properties have consistently proven their resilience and have become a reliable investment option for the future. With their strong track record, advantageous fundamentals, and tax incentives, they shine as the true stars of the real estate market.[08:47] Maximizing Success through Controlled FactorsIn order to increase the likelihood of success, it is essential to have control over various aspects. While external factors like interest rates and cap rates may be beyond our control, there are numerous elements that we can influence. For instance, we can dictate the day-to-day operations of a property, manage our marketing efforts, maintain adequate reserves, allocate project spending, and determine the return on investment based on chosen renovations. However, achieving success in these areas requires meticulous attention to detail and the dedication of hardworking individuals. Effective communication and streamlined process flows are key components that fall within our realm of control. By focusing on these controllable factors, we can optimize our chances of achieving favorable outcomes.[26:53] Unveiling the Power of Business Fundamentals for SuccessThis is because the fundamentals of the business remain consistent across different sectors. By focusing on these core principles, you will be astounded by the impact you can make. Keep honing those fundamental skills and watch your success soar.This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.Resources Mentioned:Bar Down InvestmentsApartment AddictsHouseItLookConnect with Ashley Wilson on LinkedInInstagram: @badashinvestorPodcast Recommendation:Drunk Real Estate Podcast

Download my new special report - How to Use Inflation to Your Advantage - www.bronsonequity.com/inflation We put together a panel of three experts in multifamily and self-storage investments for this amazing Real Estate Roundtable Episode. Today they share their invaluable insights and hands-on expertise. Today they share their invaluable insights and hands-on expertise. Ryan Gibson, Co-Founder and Chief Investment Officer of Spartan Investment Group. Ryan's leadership has brought over $200 million in private equity to Spartan projects. His expertise shines in managing projects, even in challenging markets. Apart from real estate, Ryan is also a seasoned commercial airline pilot. He graduated from Mercyhurst University with a degree in Business, specializing in Marketing, Management, and Advertising. Ryan's role is pivotal in connecting individual investors to SIG's exclusive real estate investment opportunities. Bob Fraser, Co-Founder and CFO at Aspen Funds. With over 20 years of experience, Bob is a finance and technology executive. He co-founded Aspen Funds in 2012, focusing on alternative investments. Bob takes care of financial management, portfolio modeling, and refining systems and processes. Alongside, he co-hosts the Invest Like a Billionaire podcast. Before Aspen Funds, Bob founded NetSales, Inc., a successful e-commerce provider. His leadership helped the company become the fastest-growing in its area between 1997 and 1999. Ashley Wilson, a seasoned Real Estate Investor, Multifamily Owner, and Coach. She's the Founder and CEO of Bar Down Investments, LLC, and a driving force behind Apartment Addicts & HouseItLook, LLC. Ashley is a Best-Selling Author, known for "The Only Woman in the Room," offering insights from 20 Women Real Estate Investors. Since starting in 2009, Ashley has been part of over $165 million in transactions and managed $13 million in construction across 1,500 units. Her contributions span beyond investments, including consulting, mentoring, and insightful contributions to magazines and BiggerPockets. In this episode, our expert group covers a range of intriguing topics. They discuss how real estate is changing, explore the self-storage industry, and talk about why developing might be smarter than going after existing ones. Additionally, they talked about the current sentiment of investors, whether it is better to hold off on making purchases or invest money, and potential interest rate changes by the government. Don't miss out! Plug into this enriching conversation and broaden your investment perspectives alongside these exceptional experts. Join us as they divulge their valuable insights, helping you navigate the dynamic universe of real estate and alternative investments with clarity and confidence. 01:42 - Guest Introduction: Bob Fraser, Ryan Gibson, and Ashley Wilson 02:38 - Shift in the way real estate is approached 06:55 - The self storage space 09:25 - Bridge debt loans in self storage and multifamily 10:28 - Why developing makes more sense now than going after what's existing 19:09 - Investor sentiment 28:47 - Wait or deploy and interest rates 42:34 - What passive investors should keep their eye on 44:18 - Choosing the right operators 48:56 - Raising money in a time of distress 55:15 - Wrap up 55:36 - Outro Connecting with the Guest: Bob Fraser Website:https://aspenfunds.us/ Linkedin: https://www.linkedin.com/in/bob-fraser-22469312/ Instagram: https://www.instagram.com/aspenfunds/ Ryan Gibson Website: https://spartan-investors.com/ Linkedin: https://www.linkedin.com/in/ryan-gibson-21784b5/ Instagram: https://www.instagram.com/spartaninvestmentgroup/ Youtube: https://www.youtube.com/spartanhomebuyers Ashley Wilson Website: https://www.badashinvestor.com/ Linktree: https://linktr.ee/BadAshInvestor Instagram: https://www.instagram.com/BadAshInvestor/ Youtube: https://www.youtube.com/channel/UC-wyOMIsiRnIgaOXuoDDiBg #Multifamily #SelfStorage #Passiveincome

Join us in this enlightening episode as Kevin chats with J Scott, a seasoned entrepreneur, investor, advisor, author, and partner at Bar Down Investments. J shares his journey into the world of real estate investing, specifically focusing on buying and repositioning large multifamily properties. Gain invaluable insights as J shares his perspective on the current state of the economy and its potential impact on the real estate market. Explore his analysis of whether we are on the cusp of a recession or the signs indicate a more optimistic outlook."Focus on being a Business person, not a Real Estate person."-J ScottHere are 5 Key Takeaways from this episode:How J Scott got into Real Estate Investing: Why House Flipping? Never be afraid to bet on yourselfJ Scott's perspective on the economy: Is this the beginning of a recession? Risk Mitigation: Understanding your business, mitigating the most risk, and staying on target on your business plan HUGE announcement in the end!!Honorable Mentions & Useful Links:Thinking, Fast & SlowConnect with J Scott:LinkedInWebsiteEmailPhone: (770) 906-6358Ready to take the next steps in your Military Real Estate Investing journey? Watch our Masterclass and claim your EPIC reward for action. Tap here to register today!Are you looking for a loan for your next project? Look no further! Check out ADPI Financial Services for all of your residential and commercial lending needs!No Time...No Worries! Get all the info you need now by texting DEAL to 33777Ready to become a PASSIVE INVESTOR? Check out ADPI Capital™ and learn how you can get started passively investing in commercial real estate for only $500! Tap the link above or text ADPI to 33777Helpful ResourcesConnect with the ADPI: Facebook |  Instagram | YouTubeReady to TAKE ACTION and begin building your cash-flowing real estate empire? Don't go it alone! Check out our exclusive education and coaching products designed for self-starters like the Military Real Estate Investing Academy Support the show

Real estate investors often jump into it as a way to diversify their investment portfolio and create some passive income streams. For some investors, the investing bug hits, and they discover they love it. The more you invest in real estate, the more you discover the parts you like--and the parts you don't. That's when you can begin to niche your assets. And the more you niche your career, the more lucrative you can become because you'll have less competition. In this episode of Zen and the Art of Real Estate Investing, Jonathan welcomes guest Ashley Wilson of Bar Down Investments and Apartment Addicts. Ashley began investing in real estate with her husband in 2009. Today, she is the bestselling author of The Only Woman in the Room, has managed over $10 million in construction, and has been involved in over $120 million in transactions. Ashley's success in the real estate world and her grit make her a force to be reckoned with. In this episode, you will hear: How Ashley was introduced to real estate and began investing as a way for her and her husband to diversify their retirement portfolio The reason they started their company, Bar Down Investments, and a coaching company called Apartment Addicts Why pride of ownership is important and how you can help tenants achieve that when you purchase a property Purchasing a distressed property and resolving the issues that come with that What Apartment Addicts teaches people about owning and managing multifamily assets The differences between landlord-friendly and tenant-friendly states and how having a niche can make it more lucrative What Ashley finds hardest about tenant management in today's economic climate The biggest challenge for investors looking to purchase large-scale apartments Why grit matters in real estate investing The lessons she learned from watching her dad working hands-on in real estate Follow and Review: We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at http://www.trustgreene.com/podcast/zen/043 to download it. Supporting Resources: Bar Down Investments - www.BarDownInvestments.com Bar Down's YouTube channel - www.youtube.com/@bardowninvestments/videos Bar Down Investments on Facebook - www.facebook.com/BadAshInvestor Ashley Wilson on Instagram - www.instagram.com/badashinvestor Connect with Ashley on LinkedIn - www.linkedin.com/in/ashley-wilson-2835685 Ashley's Twitter - twitter.com/BadAshInvestor Apartment Addicts - www.apartmentaddicts.com Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/Streamlined%20Prop%20eXp Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties/ Email - info@streamlined.properties   Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.

J Scott is co-owner of Bar Down Investments, which offers passive investment opportunities to individuals and companies looking to build wealth and diversify their retirement strategy. In this episode, J discusses why the commercial real estate industry is unlikely to suffer in the next few years, why the past few years of economic expansion has actually hurt investors, and what he's doing to pivot his investment strategy during economic uncertainty.   J Scott | Real Estate Background Co-Owner of Bar Down Investments Portfolio: About 750 multifamily units About 80 single-family units LP investments Based in: Sarasota, FL Say hi to him at:  connectwithjscott.com  Best Ever Book: Best Ever Apartment Syndication Book by Joe Fairless and The Goal by Eliyahu M. Goldratt Greatest Lesson: Transactional real estate is not the best way to go - holding is better than selling and is usually the best way to build wealth.   Click here to learn more about our sponsors: MFINCON BAM CAPITAL DEAL MAKER LIVE

Are you ready to learn from a seasoned real estate investor with over $120 million in assets under management? In this episode, we sit down with Ashley Wilson, founder of Bar Down Investments, to discuss her experience investing in short-term rentals and flipping houses while living abroad, and how she transitioned to larger multi-family properties. Wilson stresses the importance of having the right team and grit to achieve success, especially when investing from afar. We also dive into the differences between asset managers and property managers, the value of cost-efficient decision-making, and the importance of properly evaluating asset management teams. Tune in to the Passive Real Estate Strategies podcast for more valuable insights into passive real estate investing!Let's dive in! ​​​​​​​Key Highlights:[00:00 - 06:31] Insights on Multi-Family Investing and Long-Distance Management• Importance of understanding asset management as a passive investor in today's market• Tips for screening an operator's asset management team as a passive investor• Importance of accountability and responsibility in underwriting for successful investment outcomes[06:32 - 12:33] The Importance of Asset Management in Real Estate Investing• Ashley relied on various resources to learn about asset management• Doing homework upfront leads to a well-situated situation in the long run• There are many distressed properties now due to lack of groundwork from others[12:34 - 18:42] How to Evaluate Asset Management Teams as a Passive Real Estate Investor• Before making an investment, passive investors should assess the asset management team• Success of investment depends on people just like businesses[18:43 - 23:51] The Importance in Commercial Real Estate• Niche specialization in commercial real estate is important• Due to Covid alleviation programs, there is a high rate of aging delinquency nationwideKey Quotes:"At the end of the day, we are buying businesses and trying to make that business operate better." - Ashley Wilson“I would say 90 to 95% of the success of every investment comes down to people just like businesses.” - Ashley WilsonDownload our FREE ebook, The Definitive Guide To Passive Real Estate Strategies.Check out our Multifamily Syndication Group, and sign up for our NEWSLETTER.Want to invest with us? Schedule a brief call here. Get in touch: Justin@arealminvestor.com and let me know what topics you'd like me to cover or what guests I should have on.If you like our content, please give us a rating on the platform you're listening on!

This 200th episode is very special to me so I wanted to do something big. I am very proud that we have reached this milestone and there are so many people I could mention that made it possible. First of all, the guests make the show. Every one of them has been generous with their time and gracious to share their story with me and the listeners. I wish I could tag all of you but I am pretty sure the platforms have limits. Thank you! Secondly, the listeners. Somehow, despite my own limiting beliefs about my voice, face and interview style, people listen. Not just my mom! Thank you! And of course Marc, my podcast producer from www.podcastproducer.com, who without his guidance and amazing work, there is no podcast. Thank you! And Song, who without her hard work and support there is no Lark. Thank you. My wife, Kaycee, who manages to keep the kids from interrupting every episode. Even when Ava is yelling “DADDY!” from the back door. Without her and her support there is no me. Thank you sweet chicken!   Which brings me to the concept for this episode: Mentorship! I have been lucky enough to have SO MANY amazing mentors in my life but this is a real estate centric podcast so I was able to gather my amazing real estate mentors and have a very in depth discussion on the value of mentors. Ellie Perlman, Ashley Wilson and J Scott. Thank you for always encouraging, pushing and leading by example. I truly appreciate it. Ashley Wilson Ashley Wilson, is the Founder of Bar Down Investments, LLC, Co-Founder of Apartment Addicts ,Co-Founder of HouseItLook, LLC, Best Selling Author of The Only Woman in the Room, and has hosted several BiggerPockets' Series. She started investing in real estate in 2009 and has been involved in over $120 million in transactions and managed over $10 million in construction, within both single and multifamily, across over 1,500 units. In addition to operating her own investments, Ashley has advised and consulted for many well-known owners in the multifamily industry and is a sought after speaker on multifamily operations, inclusive of asset and construction management.   Get in touch with Ashley: www.BarDownInvestments.com   J Scott J is co-owner of Bar Down Investments.  He is an industry leader, having written five best-selling investment books and, in addition to his multifamily holdings through Bar Down, has personally bought and sold over $70M in residential real estate since 2008. He is a sought-after speaker and mentor. After a prominent technology career, J still participates as a strategic advisor for several venture-backed companies in the real estate space in addition to mentoring aspiring active multifamily investors in the coaching program he founded with Ashley Wilson.   Get in touch with J Scott: www.ConnectWithJScott.com   If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/ Artist: http://audionautix.com/ 

J Scott from Bar Down Investments joins the show once again to help us focus on the fundamentals of growth! J has literally written the book on successfully flipping houses (The Book on Flipping Houses) as well as many others. On part 2 we talk about crowdfunding sites and syndication, as well as risk/return.Brought to you by: fundthatflip.comProduction team: connversa.comMusic by: Jeremy Blake 

J Scott from Bar Down Investments joins the show once again to help us focus on the fundamentals of growth! J has literally written the book on successfully flipping houses (The Book on Flipping Houses) as well as many others. In this first part of his interview we talk with him about the story of his success in real estate and the fundamentals of scaling and moving onto the next stage of your real estate business!Brought to you by: fundthatflip.comProduction team: connversa.comMusic by: Jeremy Blake

Whether it's real estate investing or a multimillion-dollar corporation, the basic components of businesses all operate the same way. If you can grasp the concepts that create a successful business, you can transition your understanding to nearly any industry, including real estate. Some real estate investors have an innate sense of how the business works. They may not be particularly interested in or good at real estate, but their knack for business sets them apart and creates success. In this episode of Zen and the Art of Real Estate Investing, Jonathan welcomes investor J Scott to the show. J didn't start his career with an interest in real estate investing. He is a former electrical engineer who began flipping homes with his wife at 37. After successfully scaling that business, he pivoted into multifamily real estate and is the co-owner of Bar Down Investments. J is also a speaker and the author of five investment books. Learn from J how to lead with value and make the connections you need to create a successful investing business. In this episode, you will hear: How J Scott first got involved in real estate investing at 37 years old and why he attributes his success today to people he met earlier in his career Why knowing how a business operates contributed to his success in real estate Why J's first house flip was the worst project of his life but also the best thing that ever happened to him How analysis paralysis can keep you from investing at all and why taking any action is better than no action The aspect of the real estate business J finds most attractive Why it's necessary to revamp the business structure as it grows and how scaling can lower your margins J's catalyst for moving into multifamily real estate and how he met his business partner in the process of learning about it What leading with value is, and how you can use it to learn something new What Bar Down Investments does and what the pros and cons of his business are Where he's buying property, and why the process is so different from flipping homes The most important trait for real estate investors to have How the get-rich-quick investors affect the industry as a whole J Scott's books on real estate and why the feedback encourages him to keep writing Subscribe and Review Have you subscribed to our podcast? We'd love for you to subscribe if you haven't yet.  We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at http://www.trustgreene.com/podcast/zen/037 to download it. Supporting Resources: Website - www.streamlined.properties YouTube - https://www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/Streamlined%20Prop%20eXp Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties/ Email - info@streamlined.properties   J Scott's website - www.jscott.com/ Bar Down Investments - www.bardowninvestments.com/ Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.  

In this episode, we talk with J Scott.J Scott is an entrepreneur, investor, advisor, author, and partner at Bar Down Investments, focused on buying and repositioning large multifamily properties.. In the past fourteen years, J has bought, built, rehabbed, sold, lent-on and held over $150M in property around the country.After a prominent technology career, J still participates as a strategic advisor for several venture-backed companies in the real estate space in addition to mentoring aspiring active multifamily investors in the coaching program he co-founded called Apartment Addicts.He is also the author of five BiggerPockets books on real estate investing, including the best-seller, The Book on Flipping Houses.Join us for our new episode as we explore ways to help you live the life you deserve! Subscribe to my Youtube channel so you never miss an episode! Visit www.freedominvesting.com to see how we can help you! 

Today's guest is a single family and multifamily investor, co-founder of Bar Down Investments — also best-selling author of The Only Woman in the Room: Knowledge and Inspiration From 20 Women Real Estate Investors. She is also the co-host of the Passive Investing show and runs a coaching program called Apartment Addicts. Topics discussed with Ashley makes it our star episode! Our guest emphasizes that being intentional in real estate means being versatile, mastering your craft and making sure people are always aware of the skill set you can provide. This starts with knowing the historic facts in a given area and knowing what makes it unique. Once you have honed these skills, you need to share them with the atmosphere and market yourself to the world!

Find out how to keep buying properties in shifting markets with Ashley Wilson's expert advice about business perspectives, ways to attract investors, and the relevance of her book "The Only Woman In The Room." If you're looking to thrive in volatile markets, this episode is for you.WHAT YOU'LL LEARN FROM THIS EPISODE The benefits of learning how to manage your team remotelyAdvantages of having business partners with complementary skillsStrategies for acquiring properties in volatile marketsEntrepreneur traits that attract investors to your businessWhat is "The Only Woman In The Room" about?RESOURCES/LINKS MENTIONEDThe Only Woman in the Room by Ashley L. Wilson https://amzn.to/3DAe8doReal Estate & Investing Podcasts https://www.biggerpockets.com/podcastsABOUT ASHLEY WILSONAshley is the co-founder of Bar Down Investments, LLC and HouseItLook, LLC, co-host of The Passive Investing Show, best-selling author of The Only Woman in the Room: Knowledge and Inspiration from 20 Women Real Estate Investors, and a BiggerPockets' series host.  She started investing in real estate in 2009 and has been involved in over $100 million in transactions within both single and multifamily real estate across over 1,500 units. When Ashley is not working on her businesses, she enjoys spending time with her family, including her husband and their two daughters. Additionally, Ashley enjoys competing with her horses, Diacara and Wow.CONNECT WITH ASHLEYWebsite: Bar Down Investments https://www.bardowninvestments.com/ Website: Apartment Addicts https://www.apartmentaddicts.com/Podcast: The Passive Investing Show https://podcasts.apple.com/us/podcast/the-passive-investing-show/id1627046449LinkedIn: Ashley Wilson https://www.linkedin.com/in/ashley-wilson-2835685/Instagram: @badashinvestor https://www.instagram.com/badashinvestor/CONNECT WITH USWant a list of top-rated real estate conferences, virtual meetups, and mastermind groups? Send Tate an email at tate@glequitygroup.com to learn more about real estate using a relational approach.Looking for ways to make passive income? Greenlight Equity Group can help you invest in multifamily properties and create consistent cash flow without being a landlord. Book a consultation call and download Tate's free ebook, "F.I.R.E.-Financial Independence Retire Early via Apartment Investing," at www.investwithgreenlight.com to start your wealth-building journey today!

Today, we have our special guest J Scott, the Former host of the BiggerPockets Business Podcast. Multifamily syndicator at Bar Down Investments and Author of five BiggerPockets books is here at the AZREIA show and shares with us all about his real estate journey, his failures, success, and strategies.  Tune in and enjoy this episode.  Key Takeaways: 2:14 J Scott shares his story prior to real estate. 7:22  How J Scott transitioned from Fix n Flipper to Multi-Family Investor. 9:07 Tips on how you can enter the Multifamily world 10:47 Mistakes you need to avoid when forming partnerships. 13:43 Reasons to Invest in Multi-Family Real Estate.  16:46 Single Family: What do you do first raising money or deals?  18:51 Learn how they built 150-409 units.  21:22 Tips on how to become a Multi-family Investor. 28:20 J Scott's advice about Raising Money. 33:15  How J Scott working with Bigger Pockets 37:28 J Scott Inspiring brand story Connect with J Scott  Website: www.ConnectWithJScott.com Instagram: jscottinvestor Facebook: jscottinvestor LinkedIn: jscottinvestor     ---- The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member's ability to successfully invest in #realestate  Join AZREIA here: https://azreia.org/join Is a Career in Real Estate Right For You? Take AZREIA's Real Estate Investing Entrepreneurial Self-Assessment at  

In this episode of the RE Social Podcast, we talk with Ashley Wilson, the dynamic founder of Bar Down Investments, to discuss how she navigated the challenges of the recession as a real estate investor. With over 1000 units of multifamily properties under her company's ownership, Ashley has truly made a name for herself in the industry. But her journey was not without its obstacles, and today, she shares her insights on how to avoid common pitfalls when investing in real estate. Ashley not only invests in real estate herself but also mentors aspiring investors through her Multifamily coaching program called Apartment Addicts. On top of that, she authored the book “Only Woman In the Room: Knowledge and Inspiration From 20 Women Real Estate Investors,” being an inspiration to women looking to get into real estate investing. Whether you're a seasoned investor or just starting out, this episode is sure to offer valuable insights and inspiration. Don't miss this opportunity to learn from one of the top players in the game. Tune in now! Key Takeaways (00:21) - Who is Ashley Wilson (02:58) - Entering into the new investment strategy (05:34) - The blind spots in her real estate career (10:38) - Approaching opportunities through networking (16:24) - How to build connections and gain leads through the 'selfie' strategy (20:26) - Ashley's way to scaling her real estate business (36:42) - Leveraging being a woman in the industry (42:55) - The inspiring story of her 9-week renovation (49:55) - Getting into real estate: Active and Passive Investing (54:05) - Episode Recap: Key takeaways from Ashley Quotes “Capital is not the shortage. Investment opportunities are the finite element in the business model.” (09:35) “If you are looking for investment opportunities, understand whether or not the operator is aligned with your interests.” (34:40) “If you are going to spend time educating yourself and learning everything, then you can just execute when an opportunity presents itself.” (42:24) “There are a lot of ways that you can partner with others, where you each bring different skills to the table and can make a business very successful.” (48:57) “Capital is not a requirement, but it is a mode of giving value to someone.” (54:47) “Your worst case scenario of your future is who you are today.” (01:02:07) “You can win or lose, but if you don't play, you will never win.” (01:02:58) Resources and Links Connect with Ashley: https://www.linkedin.com/in/ashley-wilson/ https://www.instagram.com/badashinvestor/ https://www.facebook.com/ashley.wilson.923 https://www.bardowninvestments.com/ https://www.apartmentaddicts.com/ Learn more about AnVi Invest

Ashley Wilson, is the Co-Founder of Bar Down Investments, LLC & HouseItLook, LLC, Co-Host of The Passive Investing Show, Best Selling Author of The Only Woman in the Room, Knowledge and Inspiration from 20 Women Real Estate Investors, and a BiggerPockets' Series Host.  She started investing in real estate in 2009 and has been involved in over $100 million in transactions within both single and multifamily real estate across over 1,500 units. In 2022, Ashley was a ConnectCRE Award Recipient. When Ashley is not working on her businesses, she enjoys spending time with her family, including her husband and their two daughters.  Ashley and her husband are strong proponents of leveraging their investments, which led them to the multifamily housing sector. She wants diversification in her portfolio so that she can benefit from multiple markets regardless of how each individual asset performs. By spreading out across many different options, Ashley is able to maximize returns on investment while minimizing risk. Ashley believes that investing in the right team and taking a patient approach to building wealth is key for developing lasting legacy. To achieve this, investors need to be aware of market cycles and have alternate sources of income as preparation against any troubles with their main asset class.  Take a moment to experience this amazing episode featuring Ashley and her unique insight. You won't regret it! In this episode we discuss:  How Ashley's successful career began The components that Ashley follows to building a strong team Will there be any risks in 2023 for multifamily investors  Are there any other ways to have cash flow?  Ashley's piece of advice to accelerate your wealth trajectory.  Connect with Ashley Wilson:  https://www.bardowninvestments.com  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-Roadmap-Financial/dp/B089CS58F1  Email: info@pantheoninvest.com

If you're in the process of choosing between single-family and multifamily investments, this episode is for you. We interviewed J Scott, the former host of the top-rated BiggerPockets Business Podcast. J left the corporate world and entered the real estate industry through single-family investments. After over ten years, he switched his focus from single-family to multifamily space. J got into multifamily because he wanted to deploy his capital and maintain control. He looked at the economic indicators and saw that multifamily investments were poised to do well over the next few years.We also interviewed Sterling White, who currently manages over $10MM in capital deployed across a $26MM real estate portfolio comprised of multifamily apartments and single-family homes. According to Sterling, single-family is an excellent start because it has a lower barrier of entry. But if you are looking for a more scalable model, consider putting your dollars in multifamily investments. Listen now to this insightful episode!Key Points From This Episode: More about J Scott's transition from single-family to multifamily.The benefits of investing in multifamily syndications.Why multifamily is a great investment vehicle.The effect of inflation on multifamily investments.How to underwrite deals in today's market.Single-family and multifamily investments and the housing shortage. Single-family and multifamily in terms of economies of scale.Single-family is an investment. Multifamily is a business.A sample computation of cap rate, ROI, and NOI.Links Mentioned in Today's Episode:ConnectWithJScott.com J Scott on InstagramJ Scott on Facebook J Scott on LinkedinJ Scott on TwitterJ Scott on YoutubeThe Book on Flipping Houses by J ScottSterling White websiteSterling White on YouTubeSterling White on LinkedInAbout J ScottJ Scott (he goes by “J”) is an entrepreneur, investor, advisor, and author. An engineer and business guy by education, J spent much of his early career in Silicon Valley (California), where he held management positions at several Fortune 500 companies, including Microsoft and eBay. J is a partner at Bar Down Investments, focusing on purchasing and repositioning large multifamily projects. He is the former host of the top-rated BiggerPockets Business Podcast and is the author of four books on real estate investing, including the best-selling, The Book on Flipping Houses. His books have sold over 300,000 copies in the past six years and have helped investors from around the world get their start with real estate. About Sterling WhiteWith just under a decade of experience in the real estate industry, Sterling currently manages over $10MM in capital deployed across a $26MM real estate portfolio made up of multifamily apartments and single-family homes. Through the company he co-founded, Holdfolio, he owns just under 500 units. Sterling was featured on the BiggerPockets Podcast Episode #308 and has been contributing content to BiggerPockets since 2014, with over 200 posts on topics ranging from single-family investing and apartment investing to mindset and scaling a business online.

“Real Estate, especially when you're talking about large investments, is a business and it's just as much a business as anything else.” J. Scott   Today I am interviewing J. Scott who is an Investor, Entrepreneur, and Advisor and he is also a Partner at Bar Down Investments. He has held, sold, rehabbed, bought and syndicated over 150 million in properties around the United States.  He is the co-host of the BiggerPockets Business podcast and has authored 4 books, one of which is a best seller titled “The Book on Flipping Houses.”     Scott: Was working in technology as an engineer before he and his wife decided to quit their jobs and invest in real estate full time in 2008. In a 9 year time span they flipped 450 properties before switching to investing in multi-family.    TOPICS COVERED IN THE EPISODE   What natural talents help with your investing world How to focus on the business  Scaling your real estate business as a CEO What is Bar Down investments How do you focus on the back end of a deal  What do the Operators do Why you should focus on operators and asset management  What are value add properties  The pros of short term properties  Always hire a great management team  How do you value your team  Flipping vs multi-family  Why real estate is more complicated than it looks  How do you carry out a plan after closing  America's past recessions tell a story  What made 2008 different from the others Did real estate cause the 2008 down turn  How will the interest rate increase effect real estate  What is an exploding economy  The complexities of partnerships  Watch the sub cycles of a market      Listen now and find out how J. found his Real Estate Breakthrough!   The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every other week and learn everything you need to know to invest in real estate on Youtube, iTunes, Spotify, and more.  Find out more about J.  here:    Website ConnectwithJScott.com

J. Scott is an entrepreneur, investor, advisor and partner at Bar Down Investments. They are focused on buying and repositioning large multifamily properties, and in the past 14 years, J has bought, built, rehabbed, sold, and held over $100,000,000 in properties. J is a strategic advisor in several companies, and he is a big-time author for BiggerPockets books including the best-seller, “The Book on Flipping Houses”. We talked to J about flipping, multifamily, the economy, the importance of defining your buy box and how that affects your relations with brokers, the strategies you can follow based on the current interest rates, and his new book “Real Estate by the Numbers”.   Groundbreaker: Click here and speed up the syndication process by 80%!   [00:01 – 04:41] Opening Segment  J talks about his background; He talks about how he got into multifamily investing after flipping houses for 10 years; [04:16 – 14:43] Why He Went From Flipping 450 Houses to Apartments J talks about how he managed to flip 450 houses in ten years; The importance of finding the right people to get things done; The reasons why J moved into multifamily The things that make commercial real estate different; The reasons why inflation is good for real estate investors; How he got himself educated about multifamily; [14:43 – 40:26] How to Build a Recession-Proof Portfolio J talks about the challenges he faced when he first got into multifamily; The reasons why they decided to invest in the Houston Market; The importance of defining your buy box; The types of apartments J prefers to invest in and the ones he avoids; How you should approach brokers; J talks about his new book “Real Estate by the Numbers”; He talks about the things to keep in mind about the economy and recessions; Strategies you can follow based on the current interest rates; What makes the bridge rates today more attractive than fixed; Announcement: Download Our Sample Deal and Join Our Mailing List    [40:26 – 47:55] Round of Insights Apparent Failure:Building an educational product in the tech space.   Digital Resource:Quickbooks   Most Recommended Book: Thinking Fast and Slow   Daily Habit:Sleeping   #1 Insight for Investing:Talking to your investors about the impact of the technology.   Best Place to Grab a Bite in Florida: Tsunami   Contact J. Scott:Go to numbersbook.com to learn more about J's new book “Real Estate by the Numbers” or click here to check out his other books. To connect and learn more about J, click here.   Tweetable Quotes: “The more failure you have, the higher likelihood you are not a quitter and eventually you are going to hit success" - J. Scott   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.

In this episode of Cash Flow Pro, we talk with J Scott, Partner, and co-founder of Bar Down Investments. J was a former tech guy in Silicon Valley, working for one of their most prominent companies - Microsoft. In 2008 J got married, and together with his wife, they decided to look for more flexibility in their respective careers. Together they decided to go into real estate.    From 2008 to 2018, J and his wife flipped about 400 houses, close to 40 per year! Eventually, with the economic changes on the horizon, they decided to re-assess their investments and began their journey into a different asset class – multi-family and syndications.      In this episode, we discuss: Education and experience - how and where to get it.  Teamwork and delegating  Figuring out your weaknesses and hiring your staff accordingly  Raising capital, equity, and debt  Dealing with soft and hard commitments and the opposite views  The importance of communication and transparency     Make sure to tune in on this episode to find out more KEY ingredients to starting your multi-family journey with the right team – the right way!    Find your flow,  Casey Brown   Resources mentioned in this podcast: www.bardowninvestments.com https://www.linkedin.com/in/jscottinvestor/ https://www.instagram.com/jscottinvestor/  

Entrepreneur, investor, and best-selling author J Scott of BiggerPockets and Bar Down Investments joins SUCI and drops tremendous wisdom! J shares the mindset and adaptability required to become a successful real estate investor. He draws on his past experience to break down the economic climate by speaking to various topics including inflation, stagflation, the debt crisis, consumer behavior, and the job market. J closes with insight on properly underwriting deals and emphasizes the power of buy-and-hold rental properties as a wealth building tool! If you enjoy today's episode and like what you hear, please leave us a review and share us with a friend! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: J Scott from BiggerPockets and Bar Down Investments Link: The Goal (Book Recommendation) Link: Ashley Wilson (Network Recommendation) Link: Real Estate by the Numbers (Pre-Order J Scott's New Book) Link: Connect with J Scott Sponsors: Essex Realty Group and Appeal.tax ----------------- Guest Questions 03:21 House Provider Tip: Understand that bull markets may cover up mistakes that wouldn't be covered in bear markets! 04:39 Intro to our guest, J Scott! 05:31 J talks about the mindset required to be successful in real estate! 12:41 J defines stagflation and talks about its relation to the debt crisis? 21:02 How does J predict lending will change in the near future? 27:19 Does J think that the expected recession can be a self-fulfilling prophecy as consumers get fearful and change their behavior?  30:52 What is J's outlook on the job market? 36:32 Is J still looking for real estate deals and how has his underwriting changed? 40:41 How can passive investors effectively vet an operator? 44:50 J shares mistakes he's made in his investing career! 49:01 J talks about accounting for expense increases when underwriting deals Wrap Up Questions 50:33 What is J's competitive advantage?  50:59 One piece of advice for new investors. 51:51 What do you do for fun? 52:33 Good book, podcast, or self development activity that you would recommend?  53:34 Local Network Recommendation? 54:29 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

I am so excited to have Ashley Wilson as our guest for today's episode. Ashley, is the Co-Founder of Bar Down Investments, LLC & HouseItLook, LLC, Co-Host of The Passive Investing Show, Best Selling Author of The Only Woman in the Room, Knowledge and Inspiration from 20 Women Real Estate Investors, and a BiggerPockets' Series Host. She started investing in real estate in 2009 and has been involved in over $100 million in transactions within both single and multifamily real estate across over 1,500 units. When Ashley is not working on her businesses, she enjoys spending time with her family, including her husband and their two daughters. Additionally, Ashley enjoys competing with her horses, Diacara & Wow!Ashley always dreamed of being her own boss and running her own business. So, when she was presented with the opportunity to transition from her career in big pharma to real estate, she jumped at the chance. Ashley is passionate about empowering women and helping them build confidence. She believes that every woman deserves to have a seat at the table and she is dedicated to helping women achieve their goals. Ashley is a strong advocate for financial independence and she encourages all women to take control of their finances. She is an inspiring example of a woman who has taken charge of her career and is living her best life. Thanks for tuning in!Memorable Moments:7:22- It's interesting to see, when you have major changes in a market, how different groups respond. And to me, you can always find a deal no matter what cycle we're in, it's a matter of just being more creative.11:25- When you first play Monopoly, you think the objective of the game is to buy as many houses or properties as possible. But what you quickly realize is, that's not the object of the game, the object of the game is to buy the right properties and build hotels as fast as possible, which means you have to buy houses as fast as possible. So you have to allocate your funds differently, and you strategize to play the game in a completely different way than you do the first time playing Monopoly. Well, I think most people in life are playing Monopoly and playing life as if they don't know the rules.13:57- Every journey is different. And the great thing about real estate is real estate is still a business especially multifamily. I always say you're buying a business and real estate's just attached to it. It's not a real estate business, per se.22:24- I like to always run a potential partner through what I call the three C's, which are character commitment and capacity, going through that exercise with someone and taking personality tests as well as working with them prior.57:53-I think most people look at a deal first, and then the market and then the team. And I think you should always look at the team first, and vet the credibility of the team before anything else and not be swindled by return metrics. But really know a team very thoroughly make sure that they've all worked together previously, that they have experience on that type of deal and that type of market all the way down to have they worked with a property management company before.Connect with Nancy:Instagram: https://instagram.com/nancysurakLinkedIn: https://www.linkedin.com/in/nancysurak/Website: www.nancysurak.comConnect with Ashley:LinkedIn: https://www.linkedin.com/in/ashley-wilson-2835685/Website: https://www.badashinvestor.com/Bardown Investments Website: https://www.bardowninvestments.com/Instagram: https://www.instagram.com/badashinvestor/?hl=enAshley's Book Recommendation:Anything Malcolm GladwellOnly Woman in The Room- Ashley Wilsonhttps://www.amazon.com/Only-Woman-Room-Knowledge-Inspiration/dp/173559590XSound production by:Luke Surak, Surak Productions: surakproductions@gmail.com

As we look at what the economy is currently doing, many of us in real estate are wondering about the impending recession. Is it coming? Is it here? Will it impact our businesses significantly? Today on the show, we talk to J Scott. J is a partner at Bar Down Investments, focusing on purchasing and repositioning large multifamily projects. He is also the author of five books, and his latest one, set to release soon, is called Real Estate by the Numbers. We hear from J about his take on the current economic situation, his thoughts on the impending recession, and what aspects of his business plan he's had to make changes to as a result of where the economy sits right now. Don't miss out on our conversation; tune in today! Key Points From This Episode:More about J and what he does.J's take on what is currently being seen in the economy.He shares his thoughts on an impending recession in the US and the effect on real estate.J shares what he calls “boring facts.”Fixed debt, bridge, or floating rates; J shares his personal philosophy on these. How the current economic situation has changed aspects of J's business plan.We talk about his latest book.His asset management superpower. Absorption rate and what J has learned about it. Links Mentioned in Today's Episode:Connect with J ScottAsset Management Mastery Facebook GroupBreak of Day CapitalBreak of Day Capital InstagramBreak of Day Capital YoutubeGary Lipsky on LinkedIn

Jason Scott is an entrepreneur with 25 years of experience in the consumer software, electronics, service, and real estate industries. He is a partner at Bar Down Investments. He is a Multifamily investor with $130M AUM, an Early-stage angel investor, and an Author of four investment books, with sales of over 300,000 copies.Episode Highlights- Impact of economic shifts in the current market trend- Factors that could affect real estate markets- Preparing for the economic shift- Trends in real estate and multifamily space- Impact of taxation on multifamily spaceBook Recommended: Millionaire Next DoorGet in touch with Jason: www.connectwithjscott.com Grab your freebie - Tips for Multifamily Investing at www.ushacapital.comFound this episode insightful? Show us some love by spreading the word on social media or  rating and reviewing the show here - https://podcasts.apple.com/us/podcast/multifamily-ap360/id1522097213Follow Rama on socials!LinkedIn | Meta | Twitter | InstagramConnect to Rama KrishnaE-mail: info@ushacapital.comWebsite: www.ushacapital.comMortgage Connects, an MGIC PodcastInsights and tips from top mortgage industry pros!Listen on: Apple Podcasts Spotify

Money-wise as a business owner is more than just how much money you're making. The reality is even if you make a lot of money in your horse business, if you aren't intentional about how you're spending, saving, or investing it, then is it really helping you build a sustainable business? To me, using your money to help you reach the goals and dreams you have for your business is truly being money-wise.That's why my guest today is diving into some very practical ways you can adjust your money mindset inside your horse business. Ashley Wilson of Bar Down Investments has learned how to make her money work for her, and she's sharing what she's learned with you. Are you ready to do more of what you love? Let's go! Show Notes (also known as “Where to read a quick summary of what we talked about here and get links I mentioned.”) are over at Stormlily.com/91 FREE Goal Setting Cheat Sheet → Stormlily.com/goals 

In this episode, Carmen and Jordan Campagnaro welcome guest, Ashley Wilson co-founder of Bar Down Investments. Ashley joins us virtually from Pennsylvania and shares her inspiring story of how she and her husband left professional careers to become full time real estate investors. Previously Ashley was in clinical research and development in the pharmaceutical industry and her husband Kyle Wilson, a former NHL hockey player. Together, they have built great success which Ashley attributes in part, to having a trusted team of professionals and property managers behind the realm. With a focus on investing in and improving apartment buildings, (now totaling 600 units and counting) within different US states, a strong team enables their investments to operate efficiently and lucratively. Ashley shares some of her advice on how to manage properties from afar, how to find the right team, as well as how she picks her markets and has scaled her business. She is a strong advocate for women in real estate, a published author and a true powerhouse. Watch the full episode to absorb all the knowledge this inspirational investor has to share! Bar Down Investments Website: https://www.bardowninvestments.com/ For more information on real estate investing & 30 Minutes to Wealth: Website: www.30minutestowealth.com Instagram: @30MinutestoWealth Facebook: www.facebook.com/30MinutesToWealth

In the pilot episode of the Passive Investing Show, co-hosts Ashley Wilson and J Scott discuss how the podcast came to be and what you'll get from tuning in. A variety of alternative investment opportunities is available nowadays, but they can be difficult to navigate if you don't know them inside and out. Passive investments are all about making your money work for you! Ashley and J also talk about their current investments and strategies, potential ventures, and the best advice they've ever received. Here are some power takeaways from today's conversation: Passive investments necessitate preliminary work Learning one class asset is a stepping stone to another due to the transferable knowledge between them Before investing in an asset, break it down into three components—the team, the asset, and the market. Keep an eye out for government regulations and economic situations that can affect your investments. Outside of real estate, numerous lesser-known investment opportunities can serve as your next source of passive income. Episode Highlights: [0:44] Introducing J and Ashley J and Ashley are business partners at Bar Down Investments, which buys, repositions, and resells large multifamily apartment complexes. While J began investing after leaving his corporate job in 2008, Ashley started when working in the pharmaceutical clinical research and development industry. They both invest in various asset classes. [2:54] The Story Behind the Podcast Changes in the investment landscape since the Great Recession have resulted in accumulated wealth that people can use to invest. Despite this, investing remains difficult due to a general lack of knowledge surrounding it. This podcast will help listeners make informed decisions and ask the right questions. [5:48] What Listeners Can Expect J and Ashley will invite guests who are key opinion leaders in specific asset classes onto the show. They hope to learn alongside the audience by asking pertinent questions about things like vetting investments and due diligence. [7:26] J and Ashley's Current Investments J and Ashley are active investors. They emphasize the importance of diversifying your passive investments. Some of J's more interesting passive investments are in racehorses and film making. Ashley's include horse training and precious metals. [17:06] The Three Questions J and Ashley will ask their guests about the same three things at the end of each episode: future investments, threats to investment strategy, and best advice received. J is interested in blockchain companies, whereas Ashley is interested in carbon credits. Notable Quotes from the Episode: (Please choose 1) [6:27] “By learning one asset class and then learning another investment opportunity, there are a lot of things that can carry over in terms of the questions you can ask.” [24:20] “The harder you work upfront, the more I personally feel that you can sit back a bit and have your money start to work hard for you, otherwise known as the luckier I get.” [26:53] “There's no free lunch with investing. Anytime you're promised high returns, expect that there's going to be high risks associated with that investment.” Resources Mentioned: YouTube

Ashley Wilson has scaled her Company BarDown Investments to over 100M in AUM and 1000+ multifamily units - and doesn't even believe these metrics are the best measure of her success!Ashley Wilson, is the Co-Founder of Bar Down Investments, LLC & HouseItLook, LLC, Best Selling Author of ​The Only Woman in the Room, Knowledge, and Inspiration from 20 Women Real Estate Investors.In today's episode Learn :why multifamily is a great asset classhow to invest safely ashley's diversification strategyhow to move into new marketsJoin our new Action Academy Text Newsletter for guest highlights, recommendations, resources, and direct access to deals: https://my.community.com/brianactionacademyOR Text ACTION TO +1 (423) 592-8486Resources:GoBundanceAre you an accredited investor and want to learn more about GoBundance?www.gobundance.comBook a call to learn more: www.calendly.com/brianluebben/grablifebigJason Drees CoachingInterested in Mindset and Business Coaching?www.jasondreescoaching.comBook a call to learn more: www.coachjasondrees.as.me/20minintrobrianluebbenConnect with Us!Facebook: www.facebook.com/ActionAcademyPodcastInstagram: www.instagram.com/actionacademypodcast @actionacademypodcast@Badashinvestorhttps://www.bardowninvestments.com/about-usBooks:The E-Myth - Michael Gerber https://amzn.to/3v8N0hTTraction - Gino Wickman https://amzn.to/3LXVn5A

“When is the right time to sell my properties?” There is actually no definite answer, but J Scott will tell you to hold on to your properties for as long as you can because of the cash flow, appreciation, and tax benefits that come with them. These are the benefits he enjoys currently by investing in multifamily real estate.  J is an entrepreneur, investor, author, and speaker currently working as General Partner at Bar Down Investments. He jumped to the multifamily real estate scene after 10 years as a single family investor.  He drops by in our podcast to tell us why he made the jump, the advantages of multifamily over single family, and the reasons aspiring investors should choose real estate over any other investment ventures.    [00:01 - 03:01] Opening Segment J Scott walks us through his journey to multifamily The reason he left the single family real estate space [03:02 - 08:31] General Partner or Limited Partner There are investors who choose to be either a general or a limited partner J is working as both, and here's why How J turned a mentorship into a business partnership The other things to consider when building a business, real estate or not [08:32 - 13:34] The Behind-The-Scenes of Growing a Business J tells us why business partners should divide and agree on their responsibilities Many entrepreneurs will benefit from doing this activity according to J  How technology can keep a business from growing Listen to our takes [13:35 - 18:15] Why Multifamily Real Estate? J reveals some of their secrets in finding deals The big advantage of investing in multifamily real estate Why real estate, in general, is a better investment than other investment vehicles [18:16 - 22:26] Final Four Segment A tool or resource you can't live without Microsoft Excel and Word and their Google versions QuickBooks A real estate mistake you want to help investors avoid Selling too many of your properties You can get as many benefits as possible by holding properties long-term Your way to make  the world a better place Getting involved with the communities around their properties Reach out to J See links below  Final words   Tweetable Quotes “In any good business, it's difficult when there's not a clear division of responsibilities.” - J Scott “The nice thing about multifamily, because the cycles are much longer…it's unlikely that we're going to see a downturn that lasts 5, 8, 10 years.” - J Scott “There's this allure to doing transactions to buying and selling but at the end of the day, you make money over time through cash flow, appreciation, the tax benefits of holding long term. You don't get tax benefits from flipping houses.” - J Scott   -----------------------------------------------------------------------------   Email j@jscott.com to connect with J or follow him on LinkedIn. Learn more about J's investments and his books by visiting his personal website.   Find J on his other online accounts and pages here.   Connect with me: I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.   Facebook LinkedIn   Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on.  Thank you for tuning in!   Email me → sam@brickeninvestmentgroup.com Want to read the full show notes of the episode? Check it out below: J Scott  00:00 If there's some macroeconomic event that hurts us, yeah, exactly what you said, we may not hit our IRR targets because IRR is very sensitive on time periods. For longer time period IRR drops. But I always say, you're still going to do better in a real estate investment over 10 years than if you were in the stock market during that same period, or if you were in some other asset class during that period. So yeah, I can't guarantee you that this is going to be a home run deal. But what I can say is, it's if there's something bad that happens macroeconomically, it's still probably going to be a better investment than whatever your alternatives were.   Intro  00:34 Welcome to the How to Scale Commercial Real Estate Show. Whether you are an active or passive investor, we will teach you how to scale your real estate investing business into something big.   Sam Wilson  00:46 J Scott, he goes by J, probably many of you know him. He's an entrepreneur and investor, advisor, author and partner at Bard on investments. He's focused on buying and repositioning large multifamily properties now, J, welcome to the show.    J Scott  01:01 Thanks, Sam. Appreciate you having me.   Sam Wilson  01:02 Hey, man, the pleasure is mine. same three questions I ask every guest on the show. Can you tell me in 90 seconds or less where did you start? Where are you now? And how did you get there?   J Scott  01:09 Yeah, I started as a corporate guy. I was in tech for a long time in Silicon Valley. 2008. I met my wife and we decided to get married quickly. 80 hour weeks and go off on our own. We ended up doing more than the 80 hour weeks for a long time as anybody in real estate can probably tell you but at least we were doing it for ourselves instead somebody else. 2008 to 2017 did a lot of single family flips, several 100 houses about 400 houses, bought a bunch of rentals got completely burned out from single family and 2018 jumped into multifamily with my now partner Ashley Wilson Bar Down investments and for the last couple years, I've been focused on buying and repositioning large multifamily real estate assets.   Sam Wilson  01:51 That's absolutely fantastic. Yeah, you said you did 400 houses? Was that or 200?    J Scott  01:55 Somewhere we lost track at like 300. But we did somewhere over 400.    Sam Wilson  01:59 That's a lot of houses. That's a lot of moving pieces. What were some of the problems you ran into that you finally just said, “Man, this is this is not for me anymore.”   J Scott  02:06 The single family is tough because you get into this mindset that you can do it all yourself and to some extent you can I mean, single family, it's not rocket science. There are a lot of moving parts. But I mean, it's basically its acquisitions, its rehab, its disbursement, and obviously, the raising money piece. And for most of us, we can do all of those pieces ourselves. Problem is we probably shouldn't be. And so I started building a team, but it's very hard to scale single family simply because just the nature of the business, you're turning a lot of inventory, and it's very hands-on and acquisitions and disbursements are pretty difficult. So we figured out how to scale it. But it was never fully automatable like a lot of businesses. And so we just got burned out after about 10 years, and I was looking for some new challenges. And the thing I love about multifamily is that it really is a team sport. So it allowed me to focus on what I'm really good at, and then surround myself with people who are really good at it all the stuff I'm not.   Sam Wilson  03:02 That's interesting. You know, you said you've forged a new partnership with Ashley, how did that come about? And then what are you doing? I know you said you want to kind of augment your surroundings and put your people who are better at things around you than what maybe what you are so you can play to your strengths. So have you done that?   J Scott  03:16 Yeah. So when I left single family in 2017, I wasn't quite sure what I was going to do. I was looking at doing some other business stuff, I do some advisory work. And so I thought maybe I go back to tech and do some advising there. But I had all this cash sitting around that I really needed to deploy. And I'm a control freak. I trust a lot of other syndicators. But I don't really like turning my money over passively to other people just because of my personality. I like to control my investments. And so in 2017, I said, I got all this cash, what can I do with it? And the obvious choice because I know real estate, I love real estate, I thought real estate had a good trajectory for the next decade was multifamily. But again, I didn't like the idea of turning my money over to somebody else. I thought, well, what if I go into multifamily myself, I can operate the deals, I can raise money from others to do these large deals. But I can also invest alongside them. So basically, I'm both on the GP side and the LP side. And so when I decided to do that, my first thought was, well, I'm going to be doing these big deals, I'm going to be taking money from people and they're gonna trust me with very large amounts of money. And I was doing that in the single family world, but I trusted my skills and single family. And I said, “I'm not really confident taking other people's money until I really know the business.” So I reached out to Ashley who somebody I've known for several years, she'd been doing multifamily for a long time she's by far one of the best asset managers I've ever met. And I said, “Look, give me a year teach me I'll give you a year of my time year of my effort a year you can have access to my network, you have access to my money, you can have access to everything. I have just spent a year mentoring me and teaching me the business and I'll give you that in return.” And she said absolutely. And so we kind of set up this one year mentorship slash partnership and a year in we got our first big deal that was kind of a junior partner on the deal. It went really well. And what we realized was we had a lot of complementary skills, there's things she was really good at. And then other stuff, she hated doing their stuff, I was really good at stuff I hated doing. And there was very little overlap in the stuff we were good at. And there's very little overlap in the stuff we hated doing. And so at that point, she said, “Hey, how would you feel about coming on as a partner?” And I was thrilled. So we kind of relaunched the business 50-50 partners, and now we're often away. I'm property.   Sam Wilson  05:28 That's really intriguing. I mean, that's a long, I'm gonna use the word dating period in business. I mean, to go an entire year, it took you a year to get a deal closed, right? Yep. I mean, that's one that's a long runway, what do you say to that to people who are out there trying to get their foot in the space, I mean, that's a lot of work and very little reward?   J Scott  05:45 Well, here's the thing. I mean, there's different ways of doing this business. I know operators out there that are doing 5, 10, 15 deals a year, we're not opposed to doing five or 10 deals a year. But because one of the tenants of our businesses, we typically do large investments within our deals. So last deal, the one we have one closing literally today, where the operating team has $2 million invested in the deal. So we make probably almost as much if not more money on the passive side as we do as operators. And so for us, scale is less important than doing great deals. And I'm not saying that's true for everybody, there are some operators out there that can do scale, because they've got a great pipeline, and they've built relationships over a long years, and, and whatever. So I'm not saying ours is the only way to do it. But for us, we'd rather do fewer deals that are solid deals, because we're putting our own money in there, and then do more deals and scale. And so if we do one deal a year, like 2020, we did one deal. 2021, we did none. This year, we've got one closing, it's now February 1, we've got one closing today, one closing next month. So we could do three or five or 10 this year. But we really just let the market kind of tell us, dictate to us how many deals we do. And we're comfortable with whatever that number is.   Sam Wilson  07:01 Right? That's fantastic. Was there any desire, I guess, earlier on to speed up the formalization of your business where it was like, “Man, we've been going out this six, eight months? And where are we going with this?”   J Scott  07:13 So when I came when I joined, Ashley, so actually had a team, she had a functioning company. And so she was in the middle of several deals, it just so happened that it took about eight to 10 months before we got to the point where she had a brand new deal in the pipeline that I could kind of be involved in from scratch. So I was involved. In other deals, she had 1000 some units prior to me joining. And I kind of jumped in and helped but I didn't see the process all the way through until about eight or 10 months. So we really did have a functioning business before I joined. But once I joined, we kind of formalized the partnership. And we said, okay, let's think about how are we going to structure this business, not just for today, but for five or 10 years from now, what's our hiring plan gonna look like? What's our marketing plan gonna look like? What's our capital raising plan going to look like? How are we going to deal with HR and legal and accounting and all those other things that every other business, I mean, real estate, whether you're doing single family, or multifamily, or whatever you're doing commercial, it's a business, and you need to structure it like any other business, and you need an acquisition pipeline, and you have inventory. And you need to deal with HR and accounting and all of these other things. And so we really, we sat down and we said, what is the business going to look like in five and 10 years? And how do we start growing it now so that we can naturally evolve to that point? Without major growing pains?   Sam Wilson  08:32 That's intriguing. I mean, it takes a lot of forecasting and a lot of imagination, if you will to go okay, what's this going to look like in three years? So what were some of the things you did what was I mean, besides just saying, What could this look like? Were there some concrete things or some resources used to say, Hey, this is how we're going to plan for that?   J Scott  08:50 Yeah, absolutely. So the first thing we did was we kind of divided and conquered. In any good business, it's difficult when there's not a clear division of responsibilities. So I've seen partners go in where everybody kind of tries to do everything. And people step on each other's toes. There's a lot of infighting because people disagree on who makes the decisions ultimately, or who the expert is. We started out by basically saying Ashley was going to do the stuff. She was absolutely amazing at, asset management, acquisitions, networking, I was going to do the stuff I was great at, which was fundraising and then all the analysis pieces market analysis, underwriting basically all the geeky spreadsheet stuff. And so once we decided that kind of she had her role, and I had my role that made things easy, because at that point, she could then go and kind of do all the business planning to grow her areas of the business, I could go and do planning to grow my areas of the business. So what did that involved? That involved thinking about who the key hires were going to be? So in a year, who did we need on the team to basically be able to keep the pipeline filled and stay above water. In five years, what was that team it'll look like? What was the organizational structure going to look like? In 10 years? Maybe we didn't really think that far out, we tried to stay three to five years. But we had an idea of what does this business fully evolved in mature look like in 10 years. So at least we knew we were on the right path, then we started documenting our processes. And this is something that I think a lot of entrepreneurs and investors could be really benefited from doing. Every time we did something, whether I sent an email to investors, whether I set up a marketing plan, whether actually went out and contacted a broker, we basically systematized it. And we set up a set of documentation for each of these things we do. So that way, if I'm going to be dealing with investors for the next year, and then I'm going to hire an investor relations person, I can basically hand off this documentation to the investor relations person says, “Here's what my emails look like, here's what the branding looks like, here's what the type of voice I use when I talk to investors, here's our communication plan, here's all these other things.” They can take over for me seamlessly. investors don't necessarily even recognize that I've handed off this responsibility because the person coming on board has all my documentation of exactly how I do things when I do things where I do things. And so it's a seamless transition, not just for us on the team, but it's a seamless transition for our investors, our vendors, our customers, our brokers, everybody else that we relate to. And so we've been really big on making sure that we document our processes so that we stay consistent, and everybody that we work with what to expect from us.   Sam Wilson  11:24 That's amazing. I mean, it's a tough slow grind early on, right to say, “Okay, I'm going to document this,” was there a software or a resource that you use that kind of helped you? I mean, it's one thing to say, “Okay, this is the email that I send on this day.” But where did you stick that data to make it then repeatable?   J Scott  11:41 Yeah, there's a lot of tools out there that and I don't want to throw out any names because everybody has their favorites. I'm one of those people that I don't like tools, I come from technology, I worked for Microsoft for a long time, people think that I'm like, I'm the biggest advocate of technology. But what I found is, a lot of times, especially in non-technology businesses like ours is that you can get bogged down in technology, you get these tools that have a billion features, and you feel like you're supposed to use every one of them. And so you spend half your day like putting information in a tool that you're never going to look at, again or organizing data in a way that just doesn't make sense. Because “Oh, the tool does it, I've got to use it.” And so for me, it's always I start at the very beginning. And that's essentially Microsoft Word and Microsoft Excel. And these days, I guess we use a lot of Google tools instead of just so we can share. But at the end of the day, it's a spreadsheet, and it's a Word document. And that handles 90% of what we do in our business because that's what other people are used to. I mean, again, you can use complicated tools. And if you've got a big business, and you're comfortable with the tool, great. But I've always found that I'll pick a tool, and it'll do half of what I need. And then I'm doing the other half in Word or Excel anyway. So I'd prefer to just do everything.   Sam Wilson  12:54 Yeah. And I think that's great. Because you're absolutely right, there's so many of these software's are designed for, they're gonna serve everybody in the world, and they're gonna have all these bells and whistles. And I found that to be so true. So often, you're like, I'm so bogged down in the minutiae of using the software, that it's not even serving the purpose for which I actually originally intended on using it. And that is nothing but frustrating.    J Scott  13:15 I was just gonna say I had worked for some really big companies. I've worked for some Fortune 50 companies where most of their tools and data are not revolutionary. I mean, they're using basic tools, because that's what works and that's what people are used to. And I'm not saying there's not a time and a place for a good tool, but don't feel like you have to use something because that's what makes you have a real business.   Sam Wilson  13:35 Right and that's the other thing I think, is when people think of scale, they commonly say, “Okay, well, I'm gonna build a program or build something that will then allow me to scale and relieve the burden of X, Y, or Z.” But I think especially early out or early starting out as you are scaling the contrary to popular opinion, maybe I think if to do things that are not scalable, okay, well, you know, this is how we're doing it for now because it gets the job done in the most efficient, time-efficient manner. Let's go even though it may not be repeatable completely. So that's really intriguing. Talk to us about how you're finding opportunity. You guys said, “Hey, 2017, we're doing multifamily housing.” I mean, even in 2017, there was the, the fear of the rumbling of like, “Man, are we gonna have a correction?” Right? So we've got we're going on a five year, man, we're gonna have a correction talk. How are you guys finding opportunity? And I know you said since you guys are placing large amounts of capital in your own deals, like how are you getting? How are you finding stuff that works for you?   J Scott  14:25 Everybody's always concerned about market cycles. I've written a book on economic cycles in real estate. So I'm certainly cognizant of the fact that the markets not always going up. But one of the nice things about multifamily especially compared to single family, typical single family project is gonna last three months or six months or if you're doing a big project, it might be 12 or 18 months if you're doing like ground-up construction in three months, or 12 months or 18 months. The market can crush you market can turn and basically, if you don't have cash flow coming in because you're doing a flip or you're doing new construction project development project. Basically the market can crash you. The nice thing about multifamily because the cycles are much longer, we typically hold our projects for at least three to five years and a lot of times we model that out to eight to 10 years, it's unlikely that we're going to see a downturn that lasts five, 8, 10 years. I mean, even 2008, which was a horrendous downturn. By 2013, the market had mostly recovered. And by 2018, 10 years later, we were hitting new highs. And so we model out these projects. One, we say, “Yeah, our primary exit strategy may be three years or five years,” but we will always model out eight to 10 years thinking, “Okay, if there's a downturn, literally, it starts the day we buy the property, where are we going to be five or eight or 10 years down the road?” Most likely we'll be well recovered. If we modeled it correctly, we're generating cash flow throughout that time period. So unlike single family where literally a market downturn can crush you, and wipe you out, in multifamily and other commercial if you're generating decent cash flow. And obviously, if you have a project that has a huge amount of capex or is mostly vacant or needs tremendous turnover, you do run some risk, because there may be some point of time where you're not generating a lot of cash flow. But if you have a plan to generate cash flow, even during a downturn, and we can talk about like why real estate tends to be less risky than other businesses in the downturn, if you have that cash flow, you can whether three or five or eight years. And so for us, yeah, worst case, we invest and then a year later, the market turns down and interest rates go up and cap rates go up and values go down. Well, we're generating cash flow during that period, and in five or six or eight years, we expect the market will return. So basically, we have that mitigation plan kind of built into every project we do.   Sam Wilson  16:47 Yeah, I love that. That's something that I love the fact that you pointed out the difference between single family and multifamily in this case that has a generate cash flow over that period. Who cares what the valuation of it is? Right. Okay, exactly. It's still projected income. I don't care like yeah, maybe we're not going to hit our IRR upon exit, maybe but as far as our risk removal strategy, I think that's really sound.   J Scott  17:09 I mean, what we tell our investors is if there's an economic shift or if there's some macroeconomic event that hurts us. Yeah, exactly what you said, we may not hit our IRR targets because IRR is very sensitive on time periods. For longer time periods IRR drops. But I always say you're still going to do better in a real estate investment over 10 years than if you were in the stock market during that same period, or if you were in some other asset class during that period. So yeah, I can't guarantee you that this is going to be a home run deal. But what I can say is it's if there's something bad that happens macroeconomically, it's still probably going to be a better investment than whatever your alternatives were.   Sam Wilson  17:48 Right, yeah, absolutely. And especially in these inflationary environments, where the things that we've talked about a lot on this show is buying assets that produce an income that can be repriced over time. It's like, okay, well, in a family multifamily every 12 months, you're rewriting leases. Absolutely. So I mean, your Mac's you're probably exposed to a 12-month window of an inflationary environment that then you can reprice, you know, into the future. So absolutely. That's really intriguing. J, thank you for your time today. This has been a blast. Appreciate you coming on today. Let's jump here into the final four questions. And you said earlier, maybe you didn't want to name any, so maybe I won't ask you to. But maybe you'll come with a different answer, the microphone's yours. What is one tool or resource thing, digital software, something along those lines you find you can't live without?   J Scott  18:29 I'm going to throw out the two I did. So Microsoft Excel, Microsoft Word or the Google version, Google Docs and Google Sheets and QuickBooks. I'm a big fan, basically, your business is can be summed up by your numbers, your balance sheet, yourP&L. And so I tell every investor out there, look, you may not be an accountant, you may not be a numbers guy, or girl. But if you're not, hire somebody either full time or part-time, that can put all of your numbers all of your financial data into whether it's QuickBooks, or Quicken or whatever it is, so that you can see how your business is performing not just today, but today compared to last year and next month compared to last month because at the end of the day, it's just like going and getting blood work done at the doctor, the numbers that come back is an indication of your health. Right, your financial numbers are an indication of your business health.   Sam Wilson  19:20 Yeah, and the cost to do that. So I mean, to get a qualified bookkeeper anywhere in the country, it's gonna cost you 25 to 45 bucks an hour to get somebody that knows their stuff inside and out. So if you don't know like me, I absolutely hire that out. It's like…   J Scott  19:32 and if you have investors, let me tell you something, when you can rattle off like all your financial information about your projects and your company that builds trust, because they want to know that you know that information and you know that information cold. So have it at your fingertips.   Sam Wilson  19:46 Love it. What's one mistake you can help our listeners avoid and how would you avoid it?    J Scott  19:51 Yeah, so biggest mistake I've made in this business was selling too much. So I remember sitting down in 2009 when I first started flipping houses with an investor in my area. And I said to him, he was pretty successful. I said to him, what was the biggest mistake you made so I can avoid it. And he said, biggest mistake I ever made was every property I've ever sold. And I kind of laughed, I was flipping houses at the time, I was making a lot of money flipping houses at the time and so I kind of ignored him. 10 years later, I look back and those 400 flips, I did a rough estimate in 2018. Had I held every one of those. Now, obviously, I couldn't have held everyone. But let's say I held every one of those flips I did, that would have been another $35 million in my pocket. And so I look back, and I thought, well, what if I would just would have kept half or a quarter of or a fifth of them. I mean, that's literally millions or 10s of millions of dollars. And so basically what I tell everybody that's starting out in this business, there's this allure to doing transactions to buying and selling but at the end of the day, you make money over time through cash flow, appreciation, the tax benefits of holding long term. You don't get tax benefits from flipping houses. And so I would recommend to everybody out there don't make the mistake I did, which was I sold everything I ever bought and thought that that pot of cash was going to be good.   Sam Wilson  21:03 Right, man, that's a painful lesson. Thanks for sharing that with us. When it comes to investing in the world, what's one thing you're doing right now to make the world a better place?   J Scott  21:10 We do everything we can to get involved in our communities where we are, where we're investing. So whether it be donating money to public parks around where we're investing or holding community activities on our property, barbecues and things like that, we try to integrate our business with the surrounding community. Part of it is because we'd like to do good for the community. But part of it's just pure selfishness because when we're integrated into the community that's good for our business as well and what's good for our business is good for our investors.   Sam Wilson  21:40 I love it. J, if our listeners want to get in touch with you or learn more about you, what is the best way to do that?   J Scott  21:44 Yeah, they can go to www dot connect with JScott, just letter J  dot com. Www.connectwithJScott.com, and that'll link you out to everything you need to know about me and also my email.   Sam Wilson  21:57 Awesome. Thank you, J, for your time today. I do appreciate it.    J Scott  22:00 Thanks, Sam. Appreciate it.    Sam Wilson  22:01 Hey, thanks for listening to the How to Scale Commercial Real Estate Podcast. If you can do me a favor and subscribe and leave us a review on Apple Podcasts, Spotify, Google Podcasts, whatever platform it is you use to listen, if you can do that for us, that would be a fantastic help to the show. It helps us both attract new listeners, as well as rank higher on those directories. So I appreciate you listening. Thanks so much and hope to catch you on the next episode.

We interviewed J Scott. J is an entrepreneur, investor, advisor, author, and partner at Bar Down Investments, focused on buying and repositioning large multifamily properties. In the past thirteen years, J has bought, built, rehabbed, sold, lent-on and held over $100M in property all around the country. J holds strategic advisor roles in several companies and is the author of four BiggerPockets books on real estate investing, including the best-selling, The Book on Flipping Houses. In this episode, we cover several key topics including: Economies of scale: single family vs multifamily Why holding property long term is the key to building wealth The challenges COVID presented as J looked for multifamily deals… And More… Connect with J: Website - https://www.jscott.com/ https://linktr.ee/jscottinvestor LinkedIn - https://www.linkedin.com/in/jscottinvestor/ Email - j@jscott.com Youtube - https://www.youtube.com/c/jscottinvestor Book - https://www.amazon.com/J-Scott/e/B00KQK5PI6 And if you want more tips and guidance, sign up to our weekly newsletter at www.donisinvestmentgroup.com/monopoly. Follow Us: @donisbrothers on Instagram, Twitter, Facebook @Donis Investment Group on Linkedin Website --> www.donisinvestmentgroup.com

We interviewed J Scott. J is an entrepreneur, investor, advisor, author, and partner at Bar Down Investments, focused on buying and repositioning large multifamily properties. In the past thirteen years, J has bought, built, rehabbed, sold, lent-on and held over $100M in property all around the country. J holds strategic advisor roles in several companies and is the author of four BiggerPockets books on real estate investing, including the best-selling, The Book on Flipping Houses. In this episode, we cover several key topics including: Economies of scale: single family vs multifamily Why holding property long term is the key to building wealth The challenges COVID presented as J looked for multifamily deals… And More… Connect with J: Website - https://www.jscott.com/ https://linktr.ee/jscottinvestor LinkedIn - https://www.linkedin.com/in/jscottinvestor/ Email - j@jscott.com Youtube - https://www.youtube.com/c/jscottinvestor Book - https://www.amazon.com/J-Scott/e/B00KQK5PI6 And if you want more tips and guidance, sign up to our weekly newsletter at www.donisinvestmentgroup.com/monopoly. Follow Us: @donisbrothers on Instagram, Twitter, Facebook @Donis Investment Group on Linkedin Website --> www.donisinvestmentgroup.com

Welcome to Real Estate (Un)Success Stories. Join your host Cody Lewis as discusses with J Scott about finding the right partners in the real estate business - the indicators of a good and a bad partner, the importance of discussing the vision, and why we shouldn't look for a partner with similar attributes as ours.   J Scott (he goes by "J") is an entrepreneur, investor, advisor, author. An engineer and business guy by education, J spent much of his early career in Silicon Valley (California), where he held management positions at several Fortune 500 companies, including Microsoft and eBay.   In 2008, J and his wife Carol quit their corporate jobs, moved back East, got married, started a family and decided to focus on real estate and investing. In the past twelve years, they have bought, built, rehabbed, sold, lent-on and held over $70M in property all around the country. J is also a strategic advisor and mentor to several companies, business owners and entrepreneurs.   J is partner at Bar Down Investments, focusing on purchasing and repositioning large multifamily project. He is the former host of the top-rated BiggerPockets Business Podcast and is the author of four books on real estate investing, including the best-selling, The Book on Flipping Houses. His books have sold over 300,000 copies in the past six years and have helped investors from around the world get their start with real estate.   J and his family currently live in Sarasota, FL. J can be reached at j@jscott.com and you can connect with him at www.ConnectWithJScott.com.     Main Takeaways   Shifting Focus Towards the Business Perspective The Criteria for Finding an Ideal Partner     Connect with J http://www.connectwithjscott.com/ https://instagram.com/jscottinvestor https://facebook.com/jscottinvestor https://www.linkedin.com/in/jscottinvestor/   LEAVE A REVIEW + help someone hear the challenges we went through so they can avoid the same mistake by sharing this episode or listen to our previous episodes. Check out our website https://www.venduecapital.com/ Connect with Cody on LinkedIn: https://www.linkedin.com/in/jcodylewis/ Don't forget to subscribe and leave a 5-star review!

Your philosophy is the foundation of your business. It's where you align your service and decision-making. In this episode, Ashley Wilson shares how she and her team are making their mark in the business. Ashley is the Co-Founder of Bar Down Investments and HouseItLook. She joins Sam Wilson to discuss her philosophy about creating massive impact for investors by making less to help investors make more. To date, she has been involved in over $100 million in transactions. It's all about building long-term relationships with the right people. Ashley also shares how giving up control can be a good thing in business. Listen to their discussion and get valuable insights on investing, managing a team, and more.Love the show? Subscribe, rate, review & share! https://www.brickeninvestmentgroup.com/podcast

J Scott, Partner at Bar Down Investments, joins us to discuss leaving his corporate IT career for Real Estate Investing, building processes to flip over 400 homes, transitioning to Multifamily investing, and much more. Connect with J at https://www.bardowninvestments.com/. To join the DJE Investor list visit https://djetexas.com/access. For multifamily mentoring visit ApartmentEducators.com

J Scott (he goes by "J") is an entrepreneur, investor, advisor, author, and partner at Bar Down Investments, focused on buying and repositioning large multifamily properties. In the past twelve years, J has bought, built, rehabbed, sold, lent-on and held over $70M in property all around the country. J holds advisory roles in several companies and is the author of four BiggerPockets books on real estate investing, including the best-selling, The Book on Flipping Houses. Get in touch with J Scott: Website: www.ConnectWithJScott.com Instagram: jscottinvestor Facebook: jscottinvestor LinkedIn: jscottinvestor           If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/ Artist: http://audionautix.com/ 

J Scott is an entrepreneur, investor, advisor, author, and partner at Bar Down Investments, focused on buying and repositioning large multifamily properties. In the past twelve years, J has bought, built, rehabbed, sold, lent-on and held over $70M in property all around the country. J and I discuss how limited partners can vet syndication deals. For more information or to get started in multifamily investing, please visit: https://www.multifamilyinvestingacademy.com/.

Ashley Wilson, is the Co-Founder of Bar Down Investments, LLC & HouseItLook, LLC, Best Selling Author of The Only Woman in the Room, Knowledge and Inspiration from 20 Women Real Estate Investors, and a BiggerPockets' Series Host. She has over ten years of real estate experience and has been involved in over $60 million in transactions within both single and multifamily real estate. Ashley Co-Founded Bar Down Investments, LLC with her husband, Kyle. Ashley leads asset and construction management on her multifamily investments, and has provided operational consulting for several other large multifamily owners throughout the country. Additionally, Ashley & her father, Tom, also have a very successful high-end flipping business in Pennsylvania, HouseItLook LLC, which handles several million in transactions annually. When Ashley is not working on her businesses, she enjoys spending time with her family, including her husband and their two daughters. Additionally, Ashley enjoys competing with her horse, Wow! Get in touch with Ashley: www.BarDownInvestments.com If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/ Artist: http://audionautix.com/ 

Welcome to Real Estate (Un)Success Stories. Join your host Cody Lewis as discusses with J Scott about finding the right partners in the real estate business - the indicators of a good and a bad partner, the importance of discussing the vision, and why we shouldn't look for a partner with similar attributes as ours.   J Scott (he goes by "J") is an entrepreneur, investor, advisor, author. An engineer and business guy by education, J spent much of his early career in Silicon Valley (California), where he held management positions at several Fortune 500 companies, including Microsoft and eBay.   In 2008, J and his wife Carol quit their corporate jobs, moved back East, got married, started a family and decided to focus on real estate and investing. In the past twelve years, they have bought, built, rehabbed, sold, lent-on and held over $70M in property all around the country. J is also a strategic advisor and mentor to several companies, business owners and entrepreneurs.   J is partner at Bar Down Investments, focusing on purchasing and repositioning large multifamily project. He is the former host of the top-rated BiggerPockets Business Podcast and is the author of four books on real estate investing, including the best-selling, The Book on Flipping Houses. His books have sold over 300,000 copies in the past six years and have helped investors from around the world get their start with real estate.   J and his family currently live in Sarasota, FL. J can be reached at j@jscott.com and you can connect with him at www.ConnectWithJScott.com.     Main Takeaways   Shifting Focus Towards the Business Perspective The Criteria for Finding an Ideal Partner     Connect with J http://www.connectwithjscott.com/ https://instagram.com/jscottinvestor https://facebook.com/jscottinvestor https://www.linkedin.com/in/jscottinvestor/   LEAVE A REVIEW + help someone hear the challenges we went through so they can avoid the same mistake by sharing this episode or listen to our previous episodes.

You might think it would be easy for a well-known flipper to transition to multifamily. But the truth is, a successful career in single-family does NOT translate to the world of apartment building investing. So, how do you make the leap from single-family rentals and flips to multifamily investor? J Scott serves as Partner at Bar Down Investments, a multifamily investing firm with a portfolio of 1,000 units. J got his start in single-family real estate and built a reputation in the flipping business, rehabbing 500 properties and authoring four bestselling books in the BiggerPockets library. And then 18 months ago, J made the transition to multifamily investing. On this episode of the podcast, J joins cohost Garrett Lynch and me to share what inspired his move into multifamily and explain why flipping houses is not the path to financial freedom. He opens up about lacking credibility in the multifamily space, offering insight on how to get brokers to trust you if you're new to the game. Listen in to understand the 3 things you need to get investors to work with you and learn how to build a reputation in the multifamily space—with or without prior real estate experience! Key Takeaways  How J got into the real estate space Work long hours as corporate engineer in tech space Shift to real estate in 2008 to 'put family first' What inspired J's transition to multifamily Burned out on flips and single-family rentals Had cash to invest but didn't trust anyone else Why flipping houses is not the path to financial freedom Transactional (trade time for money) Need passive income stream Why it took J so long to make the shift to multifamily Ego (reputation as ‘flip guy') No credibility in multifamily space What J did to compensate for his lack of credibility  Admit had to start over, build new relationships Find mentor and add value How to get brokers to trust you if you're new to multifamily Partner with someone who has track record Prove serious by underwriting and giving feedback J's advice for investors considering a shift to multifamily Build marketing machine for 6 months first Multifamily scales much better The benefit of having single-family experience Learn mechanics of deal with less money at risk Skills of acquisitions, underwriting, raising money The 3 things you need to get an investor to work with you Build relationship so they LIKE and TRUST you Make them NEED you (e.g.: retirement plan) How to differentiate yourself from bigger operators Do what you're good at, educate new investors Tap into personal network Connect with J Scott J's Website Bar Down Investments Resources Join the Nighthawk Equity Investor Club Learn More About Michael's Mentoring Program Access Michael's Blueprint to Your First Multifamily Deal Training Financial Freedom with Real Estate Investing by Michael Blank Books by J Scott Rich Dad Poor Dad by Robert T. Kiyosaki Ashley Wilson How to Win Friends & Influence People by Dale Carnegie Michael's Website  Michael on Facebook  Michael on Instagram  Michael on YouTube  Apartment Investor Network Facebook Group Podcast Show Notes

Ashley Wilson is Co-Founder & Co-Owner of Bar Down Investments, and HouseItLook. Bar Down Investments owns and operates large apartment buildings, and offers opportunities for investors who are looking to passively own real estate. HouseItLook flips primarily higher end homes in the suburbs of Philadelphia, Pennsylvania. Prior to Real Estate, Ashley worked in Clinical R&D for GSK, Wyeth, and Sanofi-Aventis.  In this episode we talked about: How Ashley got into Real Estate Investing Her Experience on Short-time Rentals Buying Larger Scale Commercial Properties The Deal Ashley is Working Right Now Deal Structure and Terms Debt and Equity Financing Real Estate Funds vs Syndications Mentorship, Resources and Lessons Learned Useful links: https://www.bardowninvestments.com https://www.instagram.com/badashinvestor/?hl=en Transcription:   Jesse (0s): Welcome to the working capital real estate podcast. My name is Jesper 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. All right, ladies and gentlemen, my name is Jesse for galley. I am host of working capital the real estate podcast. My guest today is a special guest that I'm speaking with a little bit later this year. Her name is Ashley Wilson. She is the co-founder and co-owner of bar down investments and house it look bar down, investments owns and operates, large apartment buildings and offers opportunities for investors who are looking to possibly own real estate. How's it look flips primarily higher end homes in the suburbs of Philadelphia, PA prior to real estate. Ashley worked in clinical R and D for GSK. Why? If I hope I said that, right. And Sanofi-Aventis Ashley, how's it going? Speaker 1 (60s): Great. Thank you so much for having me, Jesse. Speaker 0 (1m 2s): My pleasure. You know what? I didn't even give you the last introduction. She is the new owner of a adorable boxer, Harold. So if you hear anything in the background, that's just Harold messing around. But yeah, thanks again, Ashley. I really appreciate it. I'm excited to, to meet up again in person a little bit later this year at BP con, where we're both talking, I believe correct me if I'm wrong. It's October 3rd for anybody that is interested. Speaker 1 (1m 32s): Yep. First week in October. Speaker 0 (1m 34s): Perfect. Well actually, why don't, why don't I give it over to you in terms of a little bit of a background of your career, we can talk about, you know, deals right now and a little bit about the market, but before we do, maybe you can give listeners a little bit of a history of how you got into real estate. Speaker 1 (1m 51s): Absolutely. So as you mentioned, I was working in the pharmaceutical industry and my husband was a professional ice hockey player. So we were both looking for ways to diversify our retirement strategy. We weren't heavy believers in the stock market. We didn't like that. It wasn't an asset backed investment. It didn't have tax advantages. It wasn't, you know, a hedge against inflation. It just there's a lot of different principles we didn't like about it. So we started looking for alternative investments and we stumbled upon real estate. In fact, we actually stumbled upon bigger pockets, which was the one and only source at that time, about 13 years ago. And we started doing some research and listening to their podcasts at the time and, you know, whatever article that they were publishing. And we figured out that this was the best fit for us. So we started in real estate by house hacking, which is a way in which you can offset your expenses on your primary residence by having someone lease out space. So it could either be a bedroom or living room, really any sort of space that you can lease out. And the way we did that is we would lease to my husband's teammates. So we had to live somewhere for a season and we basically then were living for free. And my husband's teammates were paying us rent to live in these places. And of course they became, you know, like the party houses because a bunch of guys were living there. So it was, it was a really fun time. And then we transitioned into short-term rentals. So we started during the off season, we had a property that was located in a tourist area and Hershey, Pennsylvania. So we would short-term rent that property during the off season. And that really turned us on to real estate. I mean, it was nice to have your expenses offset, but once you were able to automate a process of doing these short-term rentals going between us and Canada in the summer between my family and my husband's family, and still being able to collect money, that was pretty intriguing for us. And it definitely hooked us so shortly after that I left pharma and my husband continued his career, but I ended up partnering with my father and starting a high-end flipping business. So we focus on flipping historic and pretty expensive homes in the suburbs of Philadelphia, Pennsylvania. And then we have done that for the past seven, going on eight years. And a few years ago, we transitioned into large commercial real estate. So today what we do is we buy 150 200 unit minimum properties. And it's almost like either the Burr strategy on steroids or flipping on steroids. However you want to say it, but it's taking distressed assets and then repositioning them and being able to offer passive investment opportunities for people who may have some other career, but they still also like us wanting to diversify their retirement strategy and have tax advantages. Speaker 0 (5m 17s): Yeah, that's very cool. It's funny. I was going to ask from the outset, when I saw bar down investments, I was like, who plays hockey here? Speaker 1 (5m 24s): Exactly. My husband of course came up with the name and the logo, which most people don't get actually is a, you know, it's a sky view of a net and you know, the B and the D is the crease in front of the net. So yeah, Speaker 0 (5m 41s): So I was a goalie for a lot of years. So that's why we were at, well, the other thing, obviously the apparel company, but that's, that's funny. So was, are either of you Canadian born or were you just playing hockey up there? Speaker 1 (5m 54s): My husband's Canadian born he's from London, Ontario, Speaker 0 (5m 58s): Right out, right on out to London. That's great. So you start with a house hacking like a lot of people do and you know, whether that's a basement walkout, a duplex where you're, you know, living in one, renting out the other, covering your expenses, but graduating towards short-term rentals were, was short-term rentals. Was that a stepping stone or did you stay with that for, for some time, Speaker 1 (6m 21s): That was really just a matter of convenience and how to maximize a system we already had in place because we weren't making any income during the off season. The benefits the players of renting with us is they didn't have to rent a year, lease from someone else they could just rent month to month from us. And then that made it so we could do short-term rentals at the same property during the off season. So it was not something looking back. I'm surprised that I didn't turn it into, you know, our main business. I think if we had done that, we would have been very successful at doing it. But of course with what's happened with COVID and everything. It's not necessarily a recession resistant asset class, so it probably would have taken me down a different road. And I'm fortunate that I didn't. And I think being in pharma at the time and clinical R and D I was so distracted with my W2 that I didn't see the potential there. So that was obviously a good and bad thing. Long-term it was a great thing, but short-term, it was probably a bad thing. Speaker 0 (7m 32s): Yeah. It's funny. You know, when, when the, we first got into lockdowns, it was one thing that I didn't even think about when it came to short-term rentals. Obviously hoteling, first thing you think about is, is vacations people not using them, but yeah, it was one of those things where as we got more property managers or systematized in short-term rentals, I felt like a lot of people moved into them because if you remember the Airbnb, when it first started there, isn't, wasn't really companies that were going to be able to manage this stuff. And that's key for turnover, or you were just, you would have a full-time job and then some, so from there, you, you go into a small step into, you know, a hundred unit plus investment. So how does that, how does that pathway happened to, to start doing these larger scale commercial properties? Speaker 1 (8m 18s): I'm a firm believer that you should always lead with value. And I think every single person in this world has value to offer. For me personally, the value that I added to stepping into commercial real estate is my knowledge with construction management. So I grew up with a, an, you know, my father still is my one business partner on the one business, and he's a general contractor and he's had his own business for 40 years. So for me, it was great to have that exposure into construction and be able to see it on both the residential commercial side, and then be able to leverage that skillset in a different capacity. I think that when you lead with value, as opposed to saying, how can I, how can I partner with you? How can I get into multifamily without saying what value you can provide to someone that is why oftentimes that conversation never gets to the next level? In my particular situation, I was telling everyone I wanted to get into commercial real estate. And it just so happened to have a friend who was already in commercial real estate, which I didn't know, I knew he was in residential, but I wasn't aware that he was also in commercial real estate. And when I told him that I wanted to get into commercial real estate, and I thought I could add value by leading construction management. His response to me was the timing of this is incredible because I just went under contract with 124 unit property of which there is a $2 million renovation budget. And one of the buildings was burnt to the ground and needs to be rebuilt. And I have no construction knowledge experience. So it was a perfect partnership in the sense that I could use my value to offset a deficit or a pain point that he was having and he was seeking. So that is how I got into commercial real estate so quickly. And I mean, you can say so quickly, but it was all the years of preparation that gave me that opportunity to be able to exploit. So I think if you just figure out what value you can provide, and it doesn't necessarily have to be real estate related, I think people might be listening and saying, well, what value do I really have to these larger entities? We'll just ask them, what, what is your major pain point? It might just be as simple as we're terrible on social media. We need someone's managers, social media account, or, you know, we're having issues with accounting or legal, and maybe you're not the solution, but you know, someone who is a solution just by doing an introduction can provide value as well. So I think when you just seek to have a conversation, instead of what can you do for me? What can I do for you? And flip that script, then I think you can get really far in this business very quickly. Speaker 0 (11m 22s): Yeah. That's a, it's a great point that you have this, you know, time you've been doing this stuff and it's, we have people on the podcast all the time where it just looks like they, you know, one day they, they bought a 200 unit property where it's, you know, 10, 15 years in the making do another things. I really like what you said about the value. I, because you hear so much and you know, I'm sure you do, I'll get messages saying, you know, I want to get into commercial real estate, you know, w what can I do to help? And it's funny how initially you think, like, I, there's nothing I can do because I'm not in construction, or I know anything about property management, but that's a really good point that about social media or, you know, helping you with accounting. Because as we scale in real estate, we are creating businesses, right? A large business, you know, a a hundred unit building is a large business. So all of a sudden you have this, these ancillary things that we might not know much about if our background is in real estate and social media might be a perfect example of that, you know, editing videos. Sure. You could hire somebody, but if you have a talent that's tertiary to the real estate business, that's definitely something that, you know, if you want to add value to somebody in your kind of area in real estate, that's definitely an an avenue to do it. Speaker 1 (12m 34s): Absolutely. I couldn't agree more with you in the, the icing on the cake of that is the consistent followup afterwards, because I think oftentimes people make that initial connection and they reach out and they try to provide value, but then there's no follow-up after that. So I can give you an example out of every time I've ever spoken at an event or conference or anything I always get, and I'm sure you do as well. People who come up afterwards and then they want your contact information, and maybe they send you one or two emails. But after that, it's crickets. And there is a, there was an event that I spoke at, at my Alma mater. And there was a girl who came up to me as senior. And she said to me, point blank, you know, how do I work for you? And, you know, it was like, well, let's just stay in touch and, you know, keep the conversation going. And after that, she continued to email me consistently for a couple months, keeping the conversation going. And now, so this was not last may, but the may before, and now we are hiring her. So, you know, it wasn't the right time at that. You know, she, she provided and is going to provide extraordinary value to our company. But at the time that we started talking, it wasn't a great fit then. But her persistence that to me, show me more than anything else, because she was so committed to wanting to learn and wanting, you know, I was actually coaching her, coaching her on the position that ultimately I would want her to be in and she wanted to be in, so it does take time. But I think when you spend the time, then you get rewarded handsomely. And I am very confident that the relationship that we will have will be long lasting professionally personally, because she just was so dedicated. And that's very rare. I mean, think about, you know, how many hundreds of people send you an initial email and, you know, she's like the needle in the haystack. Speaker 0 (14m 50s): Yeah. A hundred. I think, you know, there's a lot of, I think, benefits to having a sales background in general, because whether, you know, whether you work for Xerox or you're actually in brokerage and real estate, if you're in this industry long enough, you've taken defeat, you've contacted people. You don't let it bother you. And I know for a lot of people, it's a really challenging thing to do to constantly follow up. But, you know, even myself, not that I'm that great, but even people, I know mentors of mine that have been doing this for 20 years longer than I have. They're still doing that stuff. Two people at a, at a, just a much higher level. I still reach out to people all the time. And it's even people I've had on this podcast that I should not be on this podcast at all. Like, especially when we first started, it was, you know, follow-up a, follow-up okay. A video, a video call like through video card and say, Hey, listen, I think there's a great market out here. And just like being able to just kind of, don't worry about the, the outcome there, but for sure, I can't imagine, I can't agree with you more on how many times the initial reach out happens, which is great, but no, follow-up, and it's going to be dead because these people are not going to be calling you back. You have to stay top of mind and that you give a perfect example there, you know, even in Toronto, another one, another thing I like doing just generally in brokerage is that when you do follow up, it is one of the most annoying things for me personally, is when you follow up with, did you get that? Did you receive that note below? And we had arts object on the podcast, he's has a best-selling of cold calling book. And it's like, if you're going to touch that person again through a contact, you better add value there. So in our market, now we just put a, an opinion of value together for a 30 unit apartment building for, you know, people in the U S in Toronto, 30 unit apartment building is probably still like 10 million USD. We're extremely expensive market, but anyways, I send it out and then it goes quiet for two weeks. And now I'm like, okay, I want to follow up, but I can't follow up with just saying, Hey, how did everything look? So, you know, we said, okay, we're bringing this listing out this. I thought it might be interesting. Just something where if that second contact is happening, give them something, you know, offer some more value. Speaker 1 (17m 3s): I couldn't agree more. I think when you lead with value, follow-up with value, you're really helping someone permanently ingrained in their brain that you provide value. And it's just a matter of that repetition. And you always want to be around people who provide value because at the end of the day, the people who are successful or either providing small value to the masses or large value to the few, but regardless of how you look at it, it's that they're providing value. Speaker 0 (17m 41s): Yeah. That, that is a great point. Yeah. I couldn't agree more with that. And, and it's even stuff where, you know, we know the industry, like, especially brokerage, you know, we had one of our competitors, CVRE guy called me for, you know, you just wanted Intel on some building. We have some listing we have, and he's like, before the call, he's like, Hey, did you hear about this comp, this comp, this comp? And he's like, listen, you know, I don't even know it's a quid pro quo. I'm not going to just call you, ask for information, especially, you know, we're competitors, but obviously it's, you know, it's a small industry as you know. Okay, cool. So I want to get to a, we were talking a little bit before we started recording. You have a deal that's a, that you're actively working on right now, without going into too many of the, of the details. Why don't you tell us a little bit about that deal, how it came to fruition and where you're at? Speaker 1 (18m 31s): Yeah. So we've been working pretty heavily in the Houston market for a few years now, and I've established really great connections with brokers and even direct to sellers and vendors. And we get deals sourced to us all different ways, but this particular deal is from a broker who only does off-market deals. So this was a situation and it was just extremely fast. I think we got it on a Monday and we were offered. We offered on a Wednesday morning and the offer was accepted Wednesday. Mid-afternoon it was very, very fast. So this speaks to all of the time that you put into building a relationship, all the things we just talked about, and it also speaks to knowing your market, because once you know your market, it's very easy to make quick offers. And it's easy to make quick golfers on $15,000 houses. And it's easy to make quick offers on hundred million dollar properties, because once you know your market, you know, you know, your numbers, you underwrite the deal and you, you know, it pretty thoroughly. You have someone go out a local that you have a relationship with because I'm not located in Houston. So how did I be able to ascertain the capital expense budget for this property is because I was able to call on someone very quickly and have them walk the property for me. And we went through it together. So ultimately it was the deal that we put together very quickly. And it's over 400 units in Houston. It's located within 15 minutes of another property that I already owned there. So, Speaker 0 (20m 18s): Sorry to interrupt. Just curious in that market right now, are they like one 40, a unit, 140,000, a unit, a hundred were, where are they at right now? Speaker 1 (20m 26s): It varies. It can be anything from, you know, I mean, it obviously depends on the class. It depends on the submarket, but anywhere from like 80,000 a unit to over 400,000 a unit, I mean, you have such a, a spectrum. It could even be than that, to be honest. But those aren't the deals that I'm looking at, Speaker 0 (20m 53s): No value add. So maybe in the high, you know, just under a hundred or maybe just over a hundred, something like that, Speaker 1 (21m 0s): The majority of deals that I look at are over a hundred anywhere from, I would say the average deal I'm looking at is between a hundred to two 30 a door. Gotcha. That's what, that's what I'm looking at. So it's pretty broad, but it also depends on, you know, the sub-market and the value that I see in that property. But yeah, we, we typically like to be in B markets B slash a minus markets. We don't go after new construction. We, we like to be right under new construction. So we've created a buffer there, but that's typically where we're, where we're seeking Speaker 0 (21m 52s): The deal. Like you said, Monday, you get it Wednesday, put the offer in, in terms of how you structure your deals. Are we, you know, 45 days for due diligence are, you know, is capital, is capital ready to deploy or do you raise assets specific? Could you talk a little bit about the mechanics of, of, you know, the actual financing? Speaker 1 (22m 13s): Yeah. So for this particular deal, it's kind of a outlier from what we normally do, because it's an assumption. So with going through, Speaker 0 (22m 23s): Sorry, assuming the debt for correct. Yup. Speaker 1 (22m 27s): Yup. So this is a completely different process because you're at the disposal of whatever the original loan was originated under assumption process. So this is typically we've actually hired an assumption consultant there. They only do assumptions and they specialize in it there. My understanding is basically they're the only shop in town and I don't mean locally. I mean, nationwide did they do every single assumption. If you're hiring a consultant, you're hiring this group. And they have told us with the lender that the original loan is under. It's going to take about 90 days on average to be able to close the loan. So we'll go through a typical DD period, which for us is around 30 days plus or minus. Sometimes we'll get access agreement while we're structuring the PSA, the official contract, you know, once we're under LOI, other times, we'll just wait until the PSA's signed. It's all property dependent. And then from there, we typically into a financing contingency period. But because this is a, an assumption, it's a completely different beast. So the, the lending approval process is happening in parallel while the DD is going on. And then continuing of course, for approximately 60 days after the due diligence period is over. So this is a bit longer closing than normal. Typically we'd like to be within a 60 to 75 day close period. And that's also contingent on the loan. If you're going after agency versus bridge or CMBS, you have different loan, origination timeline. So you have to comply with those because otherwise you won't be able to close the deal. If you're using debt on the equity side of your question, we do equity on a deal by deal basis. Meaning we like to partner equity with the appropriate asset type, meaning we're, we're very familiar with what our different sources of equities appetite is for a particular investment. And if we get, you know, a specific property that matches one source of equity versus another, we will approach that group, whether it's a family office institutional, or if we're syndicating, depending on the deal. So that's how we structured. It's not a, there's some businesses and it's not, it's not a right or wrong. It's just different ways of doing business, but there are some businesses that structure, every single deal is the same return model. It's the same crop of investors. It's the same deal type. And then there are other businesses that have more fluidity. So the buy box or the properties for which they seek have more variation, the equity, the whole capital stack fluctuates. So the debt they're using the equity they're using that varies the return models vary. So we're more the latter. Speaker 0 (25m 50s): So it sounds like, correct me if I'm wrong. The, it sounds like a bit of a hybrid of a fund and a syndication. Whereas you kind of tap into say, you have a return profile for some family office that, you know, whatever it say, it's more conservative, say it's a four or 5% yield or 6% stabilize asset. Whereas one wants a really value add, like you will go out specific to the, to the deal. Is that right? Correct. Speaker 1 (26m 17s): So for example, there is another deal. We were invest in vinyl with a couple of weeks ago and that deal was a perfect deal for some of our institutional family office folks. So we had approached them about that deal because that penciled perfectly for what they sought for an investment, as opposed to us, you know, going the route, let's say there's pluses and minuses to every source of equity. So that once again, there's no right or wrong answer, but what we like to do is have a lot of different options because then that allows us to have a lot of different buying criteria options. It allows us to build out our business with diversity as well, because we have a lot of different types of assets within our portfolio too. So that's one of the benefits that we see of course, by being more diversified in terms of the assets for which we seek in the return structures that we offer. Speaker 0 (27m 24s): So with the, just for the particular pro property in Houston did, at what point do you contact your source of funds? Like once you have it under contract, you'll, you'll tap them and is, is their funds, is it legally committed in the, in that they've signed a subscription agreement already that commits? Or is it, you know, we have this under contract conditional, or, you know, maybe one or two conditions and then you, then you reach out to them. Speaker 1 (27m 51s): It depends on the deal. So for example, on this particular property, we waited until we had it under LOI to announce that we had something and this deal situates itself better for syndication, as opposed to, I'm not saying that there aren't family offices or institutional funds that would've sought this property, but there are fewer than, than institutional and family offices typically seek more stabilized, performing assets, newer construction, lower risk, lower return, basically, you know, risk is inherent with higher return expectations. So we were able to yield higher return expectations on this property because it had a higher risk portfolio as well. And once we had it under LOI, we released some details, but not all of the details until our purchase and sale agreement is finalized because if you're in the industry, you know, that the LOI is basically a gentleman's handshake and it's legally not enforceable, but the purchase and sale agreement is. So for due to that reason, you have to keep a lot of things close to the chest with respect to the other deal that I mentioned, where it was more stereotypical than an institutional quality asset, we actually, I get a good, you know, I always establish a good relationship with a broker and figure out where are we in terms of how many other offers am I competing with, you know, from the get-go. And normally I won't tell an institutional partner at that time when we're submitted an offer, because for those institutional assets, it's typically a three minimum rounds of submission. So you first, originally you have to submit an offer, then it's best in final. Then it's buyer, buyer, seller calls, but oftentimes they'll do two or three rounds of best and final, and then they'll do the buyer calls. So I just figure out, you know, I'm not figuring, I'm obviously not able to figure out what people are offering, but I'm able to figure out, okay, how many people are best in vinyl and then how many people are with the buyer calls. So once we got to buyer calls, that's when I started having the conversations with the institutional folks, because there's a high probability of getting the property when I'm only competing with four other people on a phone call. And in that particular situation, it actually came down to us and another buyer and our offer was better all the way around the price point, the terms, everything, the only difference between us and the other buyer was that the seller knew the other buyer personally. So that's why we ended up losing out on that deal. But once we got to the buyer calls, I informed our capital. And it also too, even if you don't get it, a lot of people are like, well, what if we don't get the property? It's still is another touch point to you. What you were talking about is have an opportunity to have a touch point that whoever you're speaking with then also knows too, that you're constantly working and looking for deals and opportunities for them. If you wait until you get a deal, you might be waiting a year or longer because it's just so difficult in commercial real estate to acquire. So it does provide an opportunity for you to connect. Again, typically they want to go through your underwriting. So it provides another level of confidence too, because you will be in a situation at some point where you'll need to move fast. And if you've built up this relationship with this institutional partner or family office, and constantly have provided underwriting, they're going to have a level of confidence going into whatever situation you have. That's fast moving with a higher, I guess, confidence level of confidence to know that you right, underwrite a certain way that mirrors what they they want. So it, it's never a bad idea to share where you're at with these groups. Speaker 0 (32m 24s): So for the, for the non-institutional, if it's not a family office and you're you find a property, are you going through the typical, you know, I think for, for you, it'd be 5 0 6 B or five succeeds, just that going for the accredited investors that you're looking for. And you're kind of, you're going through that process. And the reason I ask is I'm curious for how you, as a company are compensated, if it's upside with the promote, if it's, you know, you're, you're in there as a limited partner as well. How do you structure typically? Speaker 1 (33m 0s): Yeah. So a couple of questions there. The first question with respect to the sec, reg D filing, we file under 5 0 6 C I'm a firm believer. And when I first got started in the industry, only 10% of deals were done with . And I only believe in doing five or six deals. And the reason being is because as you mentioned, five 60 is for accredited investors. And when I first came into the industry, everyone was pushing this whole concept of, well, the people that are going to invest with you most likely are your friends and family. That is true when you first get started. However, it also puts a ceiling on how many people you have in your network. We're a five or six C doesn't. So that's for starters, because five of 16, you can advertise. The second reason, I prefer five of 16, which to be honest with you is the primary reason that I prefer is that 5 0 6 C allows a third party to verify the accreditation status. It actually requires it in five or six B you as the investor, or you as the investment offering entity are qualifying the person to be of financial capacity, et cetera, to be making an investment. And I think that creates a bias because at some point that deal might go south let's play worst case scenario. And if someone comes back and says, well, I wasn't fully aware of the risks, or I didn't understand what I was doing, but they qualified me and they allowed me to, but they also to one in need to invest because they were the ones who needed the funding. I think that that is a conflict of interest and it creates liability. I want to eliminate as much liability as possible, which is why I believe Five-O succe limits one's liability because it allows a third party to verify the accreditation status and not the ownership entity. So that's first and foremost. So we always structure with 5 0 6 C. I'm not going to say we will always in the future because like everything rules change. So maybe something will change in the future and we have a different opinion. But as of today, I will only move forward with five or 60 offerings, because I think it's the safest way to move forward. The question with respect to how is the general partnership compensated first in terms of every deal we ever do, the first investor on any deal is always the general partnership we invest in every single deal we do. And we also invest alongside of the limited partners. That may seem like a no-brainer, but that is not often the case with some other ownership groups. They'll create another class where the general partnerships investment goes into a separate class and it's treated differently than the limited partner class. A shares are investments always go into the class, a shares alongside every other limited partner. It doesn't get treated any differently. The general partnership also is compensated because of the fee structures, as you mentioned, and also too, in terms of the splits, our typical deal is anywhere from an 80 20 split favoring, the limited partners with typically a seven or eight pref all the way down to a 60, 40 split with 60 still being to the limited partners. So we, we do have some compensation up front. It is honestly, it's an industry standard or below the going market rate. We stay on top of, you know, we subscribe to almost everyone's offerings just to see how are people creatively structuring their deals and what our industry rates trending at. So we have our own in term internal barometer of what's fair, and what's been circulating in the market space, but we are not a heavy fee based entity. We always believe in being aligned with the investor's interests too. So what we, for example, in the last deal, we structured a waterfall because it had huge upside and the waterfall was to show that the general partnership is obviously going to work harder in that waterfall structure, because if we reach certain milestones, then the split changes at those different milestone levels. So that shows the limited partner. Yes, they're going to be motivated because, you know, once I hit, let's say a 16 IRR and it's goes from a 70, 30 to a 60 40, the general partnership is now receiving more, but I also too have reached my hurdle of 16 IRR. So, Speaker 0 (38m 2s): Well, yeah, the, you know what, it's on that. I'm curious cause w the deal that we raised capital for recently, we did it that way before, excuse me, before we would have different share classes for GP and LP. And we structured this one because it was a value add, and there was gonna be a lot of legwork. We structured it in a S in the way that we had the general partner would invest. You'd have obviously the general corporation that the partnership that, that physically owns the real estate, but we had basically arm and arm. We were limited partners as well. So the three sponsors of the deal were limited partners put in the same, at least the minimum that we asked of others. And if, if I, if I hear you correctly, it is, it is an alignment with your other limited partners, but it's also, I think it's also preferential for the general partner to, because you're participating in a pref where depending on the deal structure, oftentimes you get a different share class that you don't participate in the pref. So I, I don't know if you have any thoughts on that or if I, if I heard you correctly. Speaker 1 (39m 9s): Yeah, no, I completely agree with you. I think that when you, you co-invest in the LP shares and you participate in the same pref, you're motivated intrinsically for the same reasons that, you know, an investor would want you to be motivated. I think heavily feed ownership, groups, and entities offering groups. I think that's what creates misalignment because they're getting paid before any of the work is really done. It's a pet peeve of mine. When I see people, you know, basically throw parties when they acquire a property, because yes, it is hard to acquire property, but the work actually starts once you acquire the property. So, and I think a lot of people forget that and they rely so much on appreciation to get the, the sale kicker. And historically, that has happened. But that doesn't mean it'll always happen. I mean, look at the 2008 real estate crisis, you know, within the U S market, I didn't hit obviously Canada as heavily as it did in, or not even close to what happened in the U S because you have different underwriting systems and banking systems, but ultimately that showed you real estate. Doesn't just continue to appreciate forever. You have ebbs and flows in the cycle and you have to be prepared for when it's not consistently increasing, you know, there is such a term called depreciation, you know, so I think the thing is that when you have alignment as an investor, if you're a passive investor, one of the things you should really seek to understand is, is the number one is the general partnership, putting capital into the deal. Number two, what is their fee structure? And what are those triggers that are those they're capturing those fees. If it's all front ended, what is the motivation to operate the deal? I think understanding those points really position you better for making wiser investment decisions. Speaker 0 (41m 28s): Yeah. I think the other thing too, I thought you were going to go there with this, but as a good point, but the celebrating at the, at the acquisition, especially as a sponsor or a GP, it's almost in bad taste because, you know, you're, you're almost like, okay, we got our acquisition fee. We, you know, we, cause there is, there is obviously from that perspective, that's what keeps the lights off. And it is one of the bigger fees that most syndicators and funds have on acquisition. So it's almost like, you know, when you do get the deal, I don't know, maybe just be a little bit more like, all right, let's get to work kind of thing. Yup. Speaker 1 (42m 0s): I agree. And we work really hard. I mean, what we do even leading up, even before we even acquire the property, the day we acquire the property, the first week of acquiring the property in the first month, it is honestly running on adrenaline because you have worked so hard to even get the property to close and there's so much work that's involved there. But then after the property closes, I don't know about how other operators work, but I can tell you how we work. And it is just organized chaos maybe because it is, I mean, there is a rhyme and reason for what we are doing, but it is just super fast paced. And, you know, that's, that's why we work with the property management team that we work with because their tenacity to take over a property and reposition it as quickly as possible is just exceptional. And it's something that I'm very grateful for that we align so well with our property management company. So I think that's when the real work starts and that can't be forgotten. Speaker 0 (43m 13s): Yeah, absolutely. Well, actually I think we can definitely say we can do another episode here. I just want to be mindful of the time we've got a kind of wrap up with basically final four questions. We ask every guest. So if you're okay with that, I can kick us off here. Absolutely. So first I'd like listeners to get your thoughts on mentorship. And we talked about it a little bit already. Speaker 1 (43m 39s): I am a huge believer in mentorship, gurus and running to the back of the room. I'm not a fan of, but mentorship I think is amazing. I think you learn so much through other people. If that person is willing to provide quality education to you, but ultimately you have to pay one way. So it's either with time or monetary. And if you can find a really good mentor and take action from the things that they're telling you to do and telling you to avoid, you can learn very quickly through someone else and be able to propel your journey. So I'm a huge believer that mentors provide a lot of value. You should have a mentor at whatever level you're at. You were never enough to not have a mentor. Mentors are good too, because even if you know something, just having someone else from an outside point of view, constantly looking, they'll bring things to the forefront of your minds. There is a, a psychology study that was done on physicians, and it was talking about how physicians have to retain so much information and how they are likely to diagnose certain ailments, viruses, diseases, et cetera, based on the things that they have most recently read, not always based off of symptoms and because of that, it speaks to how the human brain works and being in the front of your mind, to be able to recall the information. So sometimes having a mentor, just to be an extension of your brain, so to speak, and maybe they have some other things that they've recently read or heard, and then they just shine the light back on those things that you've already, you know, put like in a closet somewhere in your brain. And it's hidden in a dark room. They, they can be helpful that way too. Speaker 0 (45m 47s): Yeah, that's great. I think it's also, it kind of years ago it would be taboo to ha you know, go to talks to somebody, whether it's, you know, a psychologist, a psychiatrist, but we, you know, we have a company that we work with that when they put, or they do venture equity for this, for startups. And when they put a CEO in the CEO role, or when they acquire a company or fund a company, they basically force this person to speak with a mentor, which happens to be a trained psychiatrist. And they will have people that'd be like, no, I won't do it. And they're like, if you want the capital, this is a requirement of the job. And it's amazing how many times they say they come back and just say, it was one of the best things that they've ever done. So whether you call it, mentor somebody, talk to a friend, just somebody that you're, you're, you're basically getting everything out. And I find our job sometimes, like you said, you could be running on adrenaline. And especially if you don't have a huge team, it's, it's lonely when you're doing a lot of this stuff. If, if you know, like say you're CEO of a company and there's there, aren't, co-founders something like that. But that's a great point. I will, I'll definitely have to Google that. Do you remember the, where the study came from? If we put a link up, Speaker 1 (46m 58s): I don't remember where it came from, but it was my undergrad. So I was a psychology major and took neuroscience two. And I obviously did a lot of research on research studies. Exactly. Speaker 0 (47m 18s): So second question, basically your experience in the industry, you go back in time, you meet a younger Ashley at the outset of your real estate career. What do you tell? What do you tell that? Speaker 1 (47m 33s): For me personally, I wouldn't change any part of my journey because I am very grateful for everything that, that I've been able to accomplish. But if I was going to tell someone how to do it faster, I would say to partner sooner, take more risks and just go bigger sooner. That's probably what I would tell that person. Speaker 0 (48m 5s): Yeah. It's amazing how much that comes up on the show. All right. Number three, basically. Sorry, just let me get my bearings here. Resources, anything you're reading right now, podcasts, you're listening to that. You know, it doesn't necessarily have to be about real estate that you think listeners would benefit from Speaker 1 (48m 25s): I'm reading, who not how, which I've heard amazing things from actually from Brandon brought it up. Brandon Turner from BiggerPockets was talking to me about it the other day. So that is on my reading list right now. I am really into trying to find people that I haven't heard speak before. So I'm trying to find meetups. When I see a meetup of someone I haven't heard before speak, I'm seeking out people that I think could provide a fresh look. It doesn't matter their experience level that never has mattered to me. In fact, I think newbies probably provide the best value out of everyone that I've heard speak on average. So of course there are some really phenomenal expert speakers. I'm not trying to discount them, but I think people new to real estate have such, you know, like fresh eyes and perspective, and they're not tainted by like, oh, you can't do it that way. Kind of philosophy. So I love seeing a really innovative ways that people are doing things, but that's what I'm doing currently. Speaker 0 (49m 43s): Awesome. And listen to this though. My favorite question, first car, make and model. Maybe this was in high school. Maybe this was off at a Colgate. You, Speaker 1 (49m 53s): I bet you can guess this, but I had a Jeep Wrangler. I grew up in the error of clueless. So hair in the wind blonde hair in the way. And my brother always tells his story that we were driving with a top-down and a cop yelled from his car slowed down, and my brother started laughing and he was like, two cops always just tell you to slow down. Normally they're supposed to pull you over, but yeah, the rules. Yeah. But I had a Jeep then and I actually have a Jeep Wrangler now as Speaker 0 (50m 32s): Well. They've come a long way. Yeah, Speaker 1 (50m 35s): They definitely have. So it's actually my husband's car, but I still steal it from time to time. But it is stick shift. He has a thing for stick shifts and that, that drives me insane. Speaker 0 (50m 48s): Yeah. I'm surprised they still make that car with stick. Is it still like the long stick goes like right to the floor? Is it, it's not, Speaker 1 (50m 55s): It's not the long stick version, but it's, it's just very rough to shift gears. And, but he's like no one will ever steal it because how many people can drive stick, shift these days. So that's his philosophy, Speaker 0 (51m 12s): One guest calling it a millennial security device or something like that Speaker 1 (51m 17s): Because nobody, Speaker 0 (51m 19s): Nobody drives stick anymore. Awesome. Okay. Well, aside from BP con later this year, people want to reach out to you. So you on social aside, as I always say, aside from a Google search, so any anywhere you'd want to point them. Speaker 1 (51m 34s): Yes. So if you're looking to passively invest, you can find more about the opportunity I was talking about@bardowninvestments.com. And then if you want to follow my real estate journey, you can find out more at bad Ash investor on Instagram, Speaker 0 (51m 51s): I guess today has been Ashley, the Wrangler Wilson, Ashley, thanks for being part of working capital. Thank you so much for having me. Thank you so much for listening to working capital the real estate podcast. I'm your host, Jesse for galley. If you liked 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.

What we need to do as a society is not only support women but elevate them alongside men so we have more role models that other women can look up to. Today my guest, Ashley Wilson, is the Co-Founder of Bar Down Investments, LLC & HouseItLook, LLC, Best Selling Author of The Only Woman in the Room, and an active member of The Real Estate InvestHER Community. Let's dive right in as we talk about women empowerment in the business world.  [00:01 - 19:46] Opening Segment I introduce Ashley Wilson to the show Ashley talks about her background and money culture growing up Struggled financially growing up Driven to be financially free Work smarter, not harder Ashley shares some of her past education and job experiences Medical school Became a temp at a Neuropsychiatry Division  Transferred to corporate Glaxosmithkline Became director of global project management  Married to a professional athlete Moved over 40 times in 13 years Pushed Ashley to Work from Home Pharmaceutical Company Ashley was in Europe when she launched the company Staffing resources provider for pharmaceutical companies [19:47 - 32:28] The importance of STEM fields and Tips for Women  Ashley talks about the hurdles of being a woman Rate difference between men and women Encouraged careers for women Investing is like building a house The foundation is the understanding of mathematics The support walls are the understanding finance concepts The roof is the ability to invest Ashley shares the challenges she has found whenever she reaches out to women Women are at a deficit compared to men which causes reluctancy Women are naturally talented at investing Elevating women alongside men Role models for women Actions to consider  Continue to educate yourself Take action. Don't do nothing Seller financing Self-directed IRA You can invest in things such as art, gold, real estate etc. Partner with smarter people Quick shoutout to my Podcast Producers: Streamlined Podcasts Use promo code: JIVES and get a discount [32:29 - 47:37] BiggerPockets and The Real Estate InvestHer  Ashley shares how Bigger Pockets has helped her Free content, support, and connections Ashley gives back by providing live content on Bigger Pockets Ashley talks about the contents of her shows Fundamentals of how to build a team How to select a market Teaching is seeing in different perspective It challenges you to harness the information on a whole new level Ashley also writes blog articles for BiggerPockets The Real Estate InvestHer The Only Woman In the Room See links below Ashley and I talk about some of our experiences  Grandstanding and how women tend not to do those things Shame in normal aspects of life The more we share, the more we hear “me too” [47:38 - 55:54] Getting Started in Investing and Best Advice Plan your actions with a calendar  Investigate and figure out how to do the action Learn, study, and understand the when's and how's and the processes involved Go back to the calendar, work backwards and plan  Partner with someone who is accountable and is willing to support you Best advices  I switched from being an astrophysicist to a real estate investor when I realized that what I can charge in rent is not dictated by my gender.  When expectations don't match reality there's a discordance and that discordance leads to frustration. Three C's: character, capacity, and competency Surround yourself with people who are smarter than you and allow yourself to absorb more strategies [55:55 - 59:22] Closing Segment   How to connect to Ashley   See links below Final Words   Tweetable Quotes: “What we need to do as a society is not only support women but elevate them alongside men so we have more role models that other women can look up to.” - Ashley Wilson “We're women. We're resilient. We're able to multitask. We are so strong innately that we will be able to figure it out.” - Ashley Wilson “Someone's propensity to invest is directly correlated to their comfort” - Ashley Wilson   Resources Mentioned: BadAsh Investor The Only Woman In the Room The Real Estate InvestHer Bigger Pockets If you'd like to connect with Ashley, you can find her on Facebook or you can visit her website www.badashinvestor.com. Check out her book “The Only Woman in the Room” on Amazon and Real Estate InvestHer   You can connect with me on LinkedIn, Twitter, Instagram, and Facebook. I'm excited to hear more about you. I'm excited to know more about you. Also, feel free to shoot me an email at jennifer@micro-empires.com. You can call or text 213-973-7206   TELL US WHAT YOU THINK! LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.   This podcast is about YOU.  We all have a story, whether your story is a lot like mine or totally different. Maybe you have a good job, but you know in your heart that you want more.    Let's Work Together   Subscribe to download my FREE eBook, "3 Steps to Pivot and Thrive: Using Micro-Risks to Build Your Micro Empire." Click https://micro-empires.com/coaching and I'll see you there!

In the short term, multifamily investors can have success simply playing the appreciation game. But if you want to build a multifamily portfolio that survives and thrives for the long term, you have to make operations a priority.  Ashley Wilson is the cofounder of Bar Down Investments and the bestselling author of The Only Woman in the Room: Knowledge and Inspiration from 20 Women Real Estate Investors. Ashley has been involved in $60M-plus in real estate transactions in the last 12 years, and she leads asset and construction management for her own multifamily investments.  On this episode of Financial Freedom with Real Estate Investing, Ashley joins cohost Garrett Lynch and me to explain why it's essential for syndicators to focus on operations. Ashley shares her take on the lack of women in real estate, offering advice on how to increase the number of women investors and influencers in the space. Listen in for Ashley's insight on the #1 skill you need to be a successful investor and find out how to marry asset and construction management to maximize the value of YOUR multifamily portfolio! Key Takeaways  What lights Ashley up about multifamily real estate Finding best way to maximize value of property Operations (how tenants think, market shifts, etc.) How Ashley's real estate strategy has evolved over time Hands-off house hacking, STRs while working full-time Shift to high-end flips after retired from pharmaceuticals  Desire to work smarter not harder led to multifamily Why multifamily is the holy grail for Ashley's needs Obvious tax advantages, hedge against inflation Market demand (need due to housing shortage) Why syndicators need to focus on operations Can't succeed long-term by way of appreciation alone Learn through management of difficult properties 100% collections on all properties throughout COVID The benefit of marrying asset and construction management Exploit market demands, minimize loss-to-lease Build up right tenants = easier to operate long term What inspired Ashley to write The Only Woman in the Room Just 14 women out of 450 investors at MidAtlantic Summit Highlight stories, provide role models for next generation Ashley's take on the lack of women in the real estate business Women not encouraged to pursue STEM fields until now Math and finance necessary foundation for investing Why determination is the #1 skill of a successful investor Overrides fear of asking questions and taking risks Seek out knowledge, push through self-doubt How to increase the number of women investors and influencers Provide opportunities to speak at events based on merit Best way to be introduced = have someone introduce you Ashley's advice to aspiring women real estate investors Start building relationships (net worth = network) Exploit free platforms to learn fundamentals Connect with Ashley Wilson Bar Down Investments Ashley on Instagram Ashley on BiggerPockets Resources Access the Recordings from Deal Maker Live Register for Michael's Platform Builders Masterclass Join the Nighthawk Equity Investor Club The Only Woman in the Room: Knowledge and Inspiration from 20 Women Real Estate Investors compiled by Ashley Wilson MidAtlantic Summit The Real Estate InvestHER Community Investor Girl Britt Podcast Show Notes Michael's Website  Michael on Facebook  Michael on Instagram  Michael on YouTube  Apartment Investor Network Facebook Group 

James Scott is an Entrepreneur, Investor, Advisor, Author and General Partner partner at Bar Down Investments, focused on buying and repositioning Large Multifamily Properties. In the past two years James Scott bough, built, sold, rehabbed, lent on and held over 70 millions in Property all around the country. James holds Advisor Roles in several companies and is the Author of BiggerPockets books, including "The Book on Flipping Houses" In this episode we talked about: James's background How James got interested in real estate First 20 Million Dollar Deal Deal size and the management ‘sweet spot' Market Rates and Valuation Scaling a Portfolio Property Management 2021/2022 Opportunities Mentorship, Resources and Lessons Learned Useful links: www.connectwithjscott.com

Joining us today on the Get in the Cashflow Game with K&K Podcast is Ashley "BadAsh Investor" Wilson. Ashley Wilson, is the Co-Founder of Bar Down Investments, LLC & HouseItLook, LLC, Best Selling Author of The Only Woman in the Room, Knowledge, and Inspiration from 20 Women Real Estate Investors, and an active member of The Real Estate InvestHER Community. She has over ten years of real estate experience and has been involved in over $60 million in transactions within both single and multifamily real estate. Ashley Co-Founded Bar Down Investments, LLC with her husband, Kyle. Ashley leads asset and construction management on her multifamily investments and has provided operational consulting for several other large multifamily owners throughout the country. Additionally, Ashley & her father, Tom, also have a very successful high-end flipping business in Pennsylvania, HouseItLook LLC, which handles several million transactions annually. In this episode we talk about: Encouraging women to get started in Real Estate Investing How she got started in Real Estate Different Markets Current Economy and more! You can find Ashley at: Website: https://www.badashinvestor.com Instagram: https://www.instagram.com/badashinvestor/?hl=en Facebook: https://www.facebook.com/BadAshInvestor/?modal=admin_todo_tour You can find Get in the Cashflow Game on ALL Podcast Platforms You can check out Get in the Cashflow Game at: Website: https://getinthecashflowgame.com Instagram: https://www.instagram.com/getinthecashflowgame/ Youtube: https://www.youtube.com/channel/UCKCq8ChflxF7qWPfV395eag Facebook: https://www.facebook.com/getinthecashflowgame You can find more information about Kenny Simpson at: Website: https://www.simpsonmortgage.com Instagram: https://www.instagram.com/kennybsimpson/ Facebook: https://www.facebook.com/Kenny-Simpson-111871733890408 You can find more information about Krystle Moore at: Website: www.pacificshorecapital.com Instagram: https://www.instagram.com/krystlerosemoore/ Instagram: https://www.instagram.com/pacificshorecapital/ Facebook: https://www.facebook.com/Krystle-Moore-273576823172681 Facebook: https://www.facebook.com/PacificShoreCapital Learn more about your ad choices. Visit megaphone.fm/adchoices

Being a beginner in the real estate space can be a bit confusing, however finding the right information will help guide you through the growing pains we all face in any new endeavor. But what information can we believe? How do we vet the investment person? And do their ethics line up with yours? Ashley Wilson, Best Selling Author of The Only Woman in the Room, Knowledge and Inspiration from 20 Women Real Estate Investors, shares her knowledge of the real estate world.  She has talked the talk and walked the walk, investing not specifically on property but in people. Having listened to podcast after podcast she chose her investment people slowly and carefully by vetting them 100%. Every person is different and not all you can trust. Its important to match your investment path with your dreams, goals and people we surround ourselves with. Without the right people on your side you increase risk. Yet be diverse, Build a network of operators and investors and grow a trusting relationship within the industry.How to vet your investment person? And what are their ethics? Why should you match your goal to your operator? Wealth building or capital preservation?When is it ok to shift gears and change your mind? Why is it important to be diverse?Who should you speak to about taxes and What tax benefits come with being in real estate?  Every path we go down will always have some learning curves to navigate through. Building relationships within the industry will help clear the path for you. To find out more about partnering or investing in a multifamily deal schedule a call here https://calendly.com/threekeysinvestments/get-acquainted-callDownload a free e-book on Why Invest in Multifamily at ThreeKeysInvestments.comPlease RSS: Review, Subscribe, Share!Support the show (and my reading addiction)! https://www.buymeacoffee.com/AskMeHowIKnow  Ashley Wilson, is the Co-Founder of Bar Down Investments, LLC & HouseItLook, LLC, Best Selling Author of The Only Woman in the Room, Knowledge and Inspiration from 20 Women Real Estate Investors , and an active member of The Real Estate InvestHER Community. She has over ten years of real estate experience and has been involved in over $60 million in transactions within both single and multifamily real estate. Ashley Co-Founded Bar Down Investments, LLC with her husband, Kyle. Ashley leads asset and construction management on her multifamily investments, and has provided operational consulting for several other large multifamily owners throughout the country. Additionally, Ashley & her father, Tom, also have a very successful high-end flipping business in Pennsylvania, HouseItLook LLC, which handles several million in transactions annually. When Ashley is not working on her businesses, she enjoys spending time with her family, including her husband and their two daughters. Additionally, Ashley enjoys competing with her horse, Wow!. Business NameHouseItLook & Bar Down Investments Business URLHouseItLook.com and BarDownInvestments.com

Hello and welcome to another episode of Investor Mel – Women of Action! In this episode, I'm speaking with Ashley Wilson.  Ashley Wilson is the co-founder of Bar Down Investments, LLC, and the author of the book The Only Women in the Room. ------------------------------------------------------------------------------------------------------------------------- Follow us on Instagram Investor Mel & Dave (@investormeldave) Join the Action Family and learn all the secrets of real estate investing including how to buy properties with other people's money, how to buy properties with no joint venture partners and other tricks to turn you into a real estate mogul. Learn more about our mentoring program by booking a call with Mel, Dave or one of our Mentorship Specialists. www.iamreadytoinvest.com/schedule-call ------------------------------------------------------------------------------------------------------------------------- “I got into real estate around 13 years ago. For the first two years, I studied real-estate and wrapped my head around everything cause it's new to me. After 2 years of educating myself, my husband and I decided to get into real estate while still working a 9 to 5. Quickly we realized that real estate was more aligned with our mindset, and what we wanted with our goals in life. So we transitioned to real estate full time!! I've done everything from house hacks, short-term rentals, long-term rentals, flipping, but now I'm more interested in large multi-family acquisitions. The great thing about real-estate is the transferable knowledge, so taking the knowledge we had from our 9 to 5's and applying it to real estate.”We hope you enjoyed this episode of the Investor Mel - Women of Action! Do you want to be a woman of action? Take the first step by joining our mentorship program! www.iamreadytoinvest.com ------------------------------------------------------------------------------------------------------------------------- You're listening to Investor Mel & Dave - where we teach Real Estate investing tips on how to buy your investments with NONE OF YOUR OWN MONEY!  Thanks for stopping by! If you have any investing questions or want me to cover a specific topic, let me know in the comments section below!

 As a new investor looking to understand alternative investments, information is always at your fingertips...but sometimes, the sheer amount of it all can leave your head spinning. Nowadays, resources are everywhere, and whether it's networks, events, publications, or even a simple search engine inquiry, your options as an investor are truly unlimited. So, how do you determine what's best for you? There are always, of course, the major factors to consider, such as time, distance, and even who to partner with, that can truly help you discover your niche. For Ashley Wilson, co-founder of Bar Down Investments, LLC and HouseItLook, LLC, following her own passions into the world of real estate investing has led to over ten years of experience and involvement in over $40 million within both single and multi-family real estate transactions, and has also resulted in a successful high-end flipping business. Pursuing investing, construction management, operational consulting, and flipping has brought her to investments across the country, all while partnering in business with her husband, Kyle and her father, Tom. Hear about Ashley's experiences working with family, investing near and far, and the lessons she has learned that have allowed her to continue pursuing her passions as an investor. More Form CamaplanWebsite: https://www.camaplan.com/More From Ashley Wilson Website: http://www.bardowninvestments.com/Call the number below during business hours (8:30 AM - 5 PM EST) to schedule a phone consultation: (215) 283-2868 Toll Free: (866) 559-4430 For a limited time, enrollment is FREE. Follow the link below to start your account application today: https://enroll.camaplan.com/login.aspx?rd=UTUBE

Ashley Wilson, is the Co-Founder of Bar Down Investments, LLC & HouseItLook, LLC, Best Selling Author of The Only Woman in the Room, Knowledge and Inspiration from 20 Women Real Estate Investors, and an active member of The Real Estate InvestHER Community. She has over ten years of real estate experience and has been involved in over $60 million in transactions within both single and multifamily real estate. Ashley Co-Founded Bar Down Investments, LLC with her husband, Kyle. Ashley leads asset and construction management on her multifamily investments, and has provided operational consulting for several other large multifamily owners throughout the country. Additionally, Ashley & her father, Tom, also have a very successful high-end flipping business in Pennsylvania, HouseItLook LLC, which handles several million in transactions annually. When Ashley is not working on her businesses, she enjoys spending time with her family, including her husband and their two daughters. Additionally, Ashley enjoys competing with her horse, Wow!. Social Instagram: BadAsh Investor Facebook: badashinvestor Website: www.badashinvestor.com

Ashley Wilson, is the Co-Founder of Bar Down Investments, LLC & HouseItLook, LLC. She has over ten years of real estate experience and has been involved in over $40 million in transactions within both single and multifamily real estate. Ashley Co-Founded Bar Down Investments, LLC with her husband, Kyle. Ashley leads asset and construction management on her multifamily investments, and has provided operational consulting for several other large multifamily owners throughout the country. Additionally, Ashley & her father, Tom, also have a very successful high-end flipping business in Pennsylvania, HouseItLook LLC, which handles several million in transactions annually. When Ashley is not working on her businesses, she enjoys spending time with her family, including her husband and their two daughters. Additionally, Ashley enjoys competing with her horse, Wow!. Connect with Ashley at www.BadAshInvestor.com  ____________________________________________________ Want to appear on our podcast?  Contact Us Learn how you can passively put your hard earned money to work for you through multifamily syndication:  Steed Talker Capital Connect with Us: Facebook Twitter Linkedin Instagram Youtube

As female investors, we often times find ourselves alone in a room of men. On today's episode, we talk with Ashley Wilson, investor and now published author, on her new book, The Only Woman in the Room, in which she shares the stories of 20 female investors of how they found success and overcame challenges in their careers. Ashley left a real estate conference in 2018 triggered by the fact that women were so outnumbered by men not only in the room, but also on stage and she felt called to do something about it. She began to take mental notes over the next couple years of woman she met that truly inspired her and had a story to tell. Her goal was to share the authentic and raw experiences of female investors to create a long-lasting impact to elevate women out of the breakout rooms and onto the mains stage. Ashley Wilson, also known as “BadAsh Investor”, started investing in real estate in 2010, and is the Co-Founder of HouseItLook LLC and Bar Down Investments, LLC.  Previously, Ashley worked for Sanofi-Aventis, Wyeth (Pfizer), and GlaxoSmithKline where she achieved the role of Director of Global Project Management within the department Vaccine Clinical Research and Development.  During this period, she learned effective skills to manage from afar.  Ashley has since applied these skills to real estate.  Specifically, she co-founded HouseItLook, a house flipping company located in the suburbs of Philadelphia, with her father Tom while living in Europe. Ashley also co-founded Bar Down Investments with her husband Kyle, specializing in owning and operating large multifamily properties throughout the United States.  In addition to her two companies, she provides consulting services to other multifamily owners, coaches other real estate investors and speaks regularly at conferences across the country.  When Ashley is not working on her businesses, she enjoys spending time with her family, including her husband and their two daughters and competing with her horse, Wow!.  On today's episode, we discuss a ton with Ashley, including: The power of transferable knowledge Her inspiration behind the creation of her book Why it's so important to share what inspires you with those you trust A sneak peak of the amazing stories complied in the book Books/Resources The Only Woman in the Room Rich Dad Poor Dad   Contact Information www.BadAshInvestor.com Instagram - @BadAshInvestor BiggerPockets Contributor   In The Only Woman in the Room, 20 incredible women share how they were able to achieve financial freedom in a world historically dominated by men. From residential to commercial, this book is packed full of knowledge and inspiration on all facets regardless of where one is in their real estate investing journey. Our passion behind this book is to help women secure a financially strong future especially during these unprecedented and uncertain times.    The early reviews for The Only Woman in the Room - Knowledge and Inspiration from 20 Successful Real Estate Women Investors have been amazing!    “Throughout my career there were multiple occasions where I have stood as the only woman in the room.  This powerful book is a must read and I only wish it had been available early on in my career!”  -Barbara Corcoran  Founder of The Corcoran Group  You will learn TONS of tips, strategies and “hacks” to implement immediately in the following areas:  Creatively finding and financing deals Getting started  Scaling a multifamily portfolio Raising private capital Marketing Construction Management  And Much More!!   BUY THE BOOK NOW! https://therealestateinvesther.mykajabi.com/book   InvestHER Community Our mission is to support and inspire women real estate investors around the globe to live a financially free and balanced life. We are dedicated to creating empowering online and in person communities where women have a non-intimidating environment to ask questions and receive the support they need. Our vision is to see all woman investors achieve her financial freedom goals on her own terms. How To Join the InvestHER Movement   1)  The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves.    Subscribe via Itunes  Subscribe via Android  Subscribe via Stitcher 2)  InvestHER Community on Facebook  We have 2k+ members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!   3) InvestHER Meetups Around the Globe We have over 4k+ meetup members attending close to 25 InvestHER Meetups across the country and Canada.  Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE! Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther Learn more about your ad choices. Visit megaphone.fm/adchoices

As female investors, we often times find ourselves alone in a room of men. On today's episode, we talk with Ashley Wilson, investor and now published author, on her new book, The Only Woman in the Room, in which she shares the stories of 20 female investors of how they found success and overcame challenges in their careers. Ashley left a real estate conference in 2018 triggered by the fact that women were so outnumbered by men not only in the room, but also on stage and she felt called to do something about it. She began to take mental notes over the next couple years of woman she met that truly inspired her and had a story to tell. Her goal was to share the authentic and raw experiences of female investors to create a long-lasting impact to elevate women out of the breakout rooms and onto the mains stage. Ashley Wilson, also known as “BadAsh Investor”, started investing in real estate in 2010, and is the Co-Founder of HouseItLook LLC and Bar Down Investments, LLC.  Previously, Ashley worked for Sanofi-Aventis, Wyeth (Pfizer), and GlaxoSmithKline where she achieved the role of Director of Global Project Management within the department Vaccine Clinical Research and Development.  During this period, she learned effective skills to manage from afar.  Ashley has since applied these skills to real estate.  Specifically, she co-founded HouseItLook, a house flipping company located in the suburbs of Philadelphia, with her father Tom while living in Europe. Ashley also co-founded Bar Down Investments with her husband Kyle, specializing in owning and operating large multifamily properties throughout the United States.  In addition to her two companies, she provides consulting services to other multifamily owners, coaches other real estate investors and speaks regularly at conferences across the country.  When Ashley is not working on her businesses, she enjoys spending time with her family, including her husband and their two daughters and competing with her horse, Wow!.  On today's episode, we discuss a ton with Ashley, including: The power of transferable knowledge Her inspiration behind the creation of her book Why it's so important to share what inspires you with those you trust A sneak peak of the amazing stories complied in the book Books/Resources The Only Woman in the Room Rich Dad Poor Dad   Contact Information www.BadAshInvestor.com Instagram - @BadAshInvestor BiggerPockets Contributor   In The Only Woman in the Room, 20 incredible women share how they were able to achieve financial freedom in a world historically dominated by men. From residential to commercial, this book is packed full of knowledge and inspiration on all facets regardless of where one is in their real estate investing journey. Our passion behind this book is to help women secure a financially strong future especially during these unprecedented and uncertain times.    The early reviews for The Only Woman in the Room - Knowledge and Inspiration from 20 Successful Real Estate Women Investors have been amazing!    “Throughout my career there were multiple occasions where I have stood as the only woman in the room.  This powerful book is a must read and I only wish it had been available early on in my career!”  -Barbara Corcoran  Founder of The Corcoran Group  You will learn TONS of tips, strategies and “hacks” to implement immediately in the following areas:  Creatively finding and financing deals Getting started  Scaling a multifamily portfolio Raising private capital Marketing Construction Management  And Much More!!   BUY THE BOOK NOW! https://therealestateinvesther.mykajabi.com/book   InvestHER Community Our mission is to support and inspire women real estate investors around the globe to live a financially free and balanced life. We are dedicated to creating empowering online and in person communities where women have a non-intimidating environment to ask questions and receive the support they need. Our vision is to see all woman investors achieve her financial freedom goals on her own terms. How To Join the InvestHER Movement   1)  The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves.    Subscribe via Itunes  Subscribe via Android  Subscribe via Stitcher 2)  InvestHER Community on Facebook  We have 2k+ members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!   3) InvestHER Meetups Around the Globe We have over 4k+ meetup members attending close to 25 InvestHER Meetups across the country and Canada.  Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE! Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther

Ashley Wilson is the Co-Founder of Bar Down Investments, LLC & HouseItLook, LLC. She has over ten years of real estate experience and has been involved in over $40 million in transactions within both single and multifamily real estate. Ashley Co-Founded Bar Down Investments, LLC with her husband, Kyle. Ashley leads asset and construction management on her multifamily investments, and has provided operational consulting for several other large multifamily owners throughout the country. Additionally, Ashley & her father, Tom, also have a very successful high-end flipping business in Pennsylvania, HouseItLook LLC, which handles several million in transactions annually. When Ashley is not working on her businesses, she enjoys spending time with her family, including her husband and their two daughters. Additionally, Ashley enjoys competing with her horse. Wow! Thank you so much for listening! WE ARE SO GRATEFUL!!!! Our Sponsor:  Multifamily Foundation If you are serious about learning how to buy apartment buildings then don't wait, go to www.multifamilyfoundation.com and let us help you build your foundation. Investing for Lifestyle and Legacy: https://www.yarusiholdings.com/ Our ENTIRE Podcast, Books and Health Suggestions: https://www.amazon.com/shop/yarusiholdings Subscribe To Us On YouTube: https://www.youtube.com/channel/UC1SuXB01d14DC8ZnEWpRQdQ?sub_confi rmation=1 Subscribe To Us on #Libsyn: http://multifamilyfoundation.libsyn.com/website See acast.com/privacy for privacy and opt-out information.

Ashley Wilson is the Co-Founder of HouseItLook LLC and Bar Down Investments LLC, two family owned and operated companies. HouseItLook specializes in flipping homes in Montgomery, Chester and Delaware County, PA. Bar Down Investments, provides investment opportunities for investors looking to passively own real estate. She controls over 225 units and has completed over 13 flips. Prior to starting HouseItLook and Bar Down Investments, Ashley owned both short term and long term rentals, and has house hacked for almost 10 years and counting. Recently, HouseItLook sold a $1,030,000 flip, and Bar Down Investments co-sponsored a 124 unit apartment syndication in Texas. Personally, Ashley has two children, a dog, two horses and a very supportive husband! On today's episode, we discuss a ton with Ashley, including: How to run your business from your phone The importance of communication How to leverage technology Best apps to use Challenges of working with your family Her flipping strategy (and philosophy) How she moved into syndications Reach out to Ashley: Website: Houseitlook.com Via email: bardowninvestments@gmail.com Via Facebook: https://www.facebook.com/houseitlookllc/   Resources/Books: Raising Private Capital by Matt Faircloth Long Distance Real Estate Investing by David Greene Flatland by Edwin Abbott Rich Dad, Poor Dad by Robert KiyosakiInvestHER CommunityJoin us on our mission to support and empower as many women as we can to live a financially free and balanced life. We invite you to join the InvestHER Community Facebook group along with other new and experienced women real estate investors! https://www.facebook.com/groups/Investhercommunity Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther   Please leave a comment below! Learn more about your ad choices. Visit megaphone.fm/adchoices

Ashley Wilson is the Co-Founder of HouseItLook LLC and Bar Down Investments LLC, two family owned and operated companies. HouseItLook specializes in flipping homes in Montgomery, Chester and Delaware County, PA. Bar Down Investments, provides investment opportunities for investors looking to passively own real estate. She controls over 225 units and has completed over 13 flips. Prior to starting HouseItLook and Bar Down Investments, Ashley owned both short term and long term rentals, and has house hacked for almost 10 years and counting. Recently, HouseItLook sold a $1,030,000 flip, and Bar Down Investments co-sponsored a 124 unit apartment syndication in Texas. Personally, Ashley has two children, a dog, two horses and a very supportive husband! On today's episode, we discuss a ton with Ashley, including: How to run your business from your phone The importance of communication How to leverage technology Best apps to use Challenges of working with your family Her flipping strategy (and philosophy) How she moved into syndications Reach out to Ashley: Website: Houseitlook.com Via email: bardowninvestments@gmail.com Via Facebook: https://www.facebook.com/houseitlookllc/   Resources/Books: Raising Private Capital by Matt Faircloth Long Distance Real Estate Investing by David Greene Flatland by Edwin Abbott Rich Dad, Poor Dad by Robert KiyosakiInvestHER CommunityJoin us on our mission to support and empower as many women as we can to live a financially free and balanced life. We invite you to join the InvestHER Community Facebook group along with other new and experienced women real estate investors! https://www.facebook.com/groups/Investhercommunity Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther   Please leave a comment below!