Podcast appearances and mentions of cash flow connections

Most syndicators think compliance starts after the deal is under contract. They wait to bring in a securities attorney until the docs are needed… But by then, it might be too late. In this episode of Cash Flow Connections, I'm joined (for the third time) by Mauricio Rauld—one of the few attorneys who actually makes securities law fun to learn. We break down: The syndicator blind spot that can blow up your raise Why social media could be your biggest compliance risk How to choose between 506(b) and 506(c) before you even have a deal The critical difference between “talking to investors” and “offering securities” The one conversation that could protect you if your deal ever goes south If you're raising capital (or plan to)… you need to hear this. Take Control, Hunter Thompson Resources mentioned in the episode: Mauricio Rauld LinkedIn YouTube Ask a Question Interested in learning how to take your capital raising game to the next level? Meet us at Capital Raiser's Edge. Learn more here: https://raisingcapital.com/cre

Is now the right time to buy real estate or to hold cash? In this episode, Tait Duryea and Ryan Gibson sit down with Hunter Thompson, founder of Asym Capital and host of Cash Flow Connections, to unpack today's real estate market. They cover cycles, debt structures, the COVID impact, rising interest rates, and why current distress is more about financing than fundamentals. Whether you're an LP wondering how to vet a deal or a high-income professional looking for the next big move, this conversation offers clarity on where we stand in 2025 and what smart investors should do next.Hunter Thompson is a real estate investor, author, and host of the Cash Flow Connections podcast. With 15 years of experience and billions in transactions, he's built a reputation as a sharp student of economics and a hands-on operator. From launching Asym Capital to navigating the toughest market cycles, Hunter shares how debt, demographics, and timing shape opportunities for passive investors and active operators alike.Show notes:(0:00) Intro(2:32) Early career and 2010 lessons(6:30) Becoming a capital allocator(8:01) Evaluating operators and first deals(14:02) Understanding real estate market cycles(19:30) Interest rates and inflation impact(26:09) Debt costs driving distress(30:00) Buying opportunities in strong markets(43:34) Fixed vs floating rate debt(47:14) OutroCash Flow Connections - Real Estate Podcast: https://podcasts.apple.com/us/podcast/cash-flow-connections-real-estate-podcast/id1193877994 — You've found the number one resource for financial education for aviators! Please consider leaving a rating and sharing this podcast with your colleagues in the aviation community, as it can serve as a valuable resource for all those involved in the industry.Remember to subscribe for more insights at PassiveIncomePilots.com! https://passiveincomepilots.com/ Join our growing community on Facebook: https://www.facebook.com/groups/passivepilotsCheck us out on Instagram @PassiveIncomePilots: https://www.instagram.com/passiveincomepilots/Follow us on X @IncomePilots: https://twitter.com/IncomePilotsGet our updates on LinkedIn: https://www.linkedin.com/company/passive-income-pilots/Do you have questions or want to discuss this episode? Contact us at ask@passiveincomepilots.com See you on the next one!*Legal Disclaimer*The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.

Is the real estate market crashing? Or is it finally on sale? That's (one of) the questions we're discussing on this episode of The Liquid Lunch Project. Matthew R. Meehan and Luigi Rosabianca welcome Hunter Thompson, capital raising pro and founder of RaisingCapital.com. They go deep on what makes this moment in the market a generational buying opportunity, why most people miss it, and how the smart ones raise money when it's hardest. If you're in the game (or want to be), this episode is your new blueprint. What You'll Learn: Why the current market downturn is a once-in-20-years buying window How to raise capital when everyone else is panicking The truth about commercial mortgages and interest rate dynamics Real talk on asset classes: mobile homes, self-storage, retail, and more What "Fund of Funds" really means—and how to use it to leapfrog your way in The one question you should ask before trusting a deal: "Would I bet my career on this person?" Favorite Quote: "This market has made more millionaires than anything else. But it's also made more bankruptcies. It's a dangerous game—but it's worth it."  Who is Hunter? Hunter Thompson is the founder of RaisingCapital.com and host of the "Cash Flow Connections" podcast. He's helped entrepreneurs raise over $100 million and is the author of Amazon's #1 bestseller, Raising Capital for Real Estate. Known for cutting through the noise, Hunter's mission is to give ambitious investors the tools to scale fast and raise capital like a pro. Why Should You Listen? Because sitting on the sidelines doesn't build wealth. If you're ready to raise serious capital and stop playing small, this episode is your new roadmap. Connect with Hunter: LinkedIn (Personal): https://www.linkedin.com/in/hunterlthompsonofficial/ LinkedIn (Company): https://www.linkedin.com/company/raisingcapital-com/ Website: https://raisingcapital.com  

In a recent episode of the Main Street Business Podcast, where I was honored to be a guest with Mark J. Kohler, we tackled one of the biggest challenges facing real estate investors right now: Raising capital in today's uncertain market. For years, it was easy… A decent pro forma and a little confidence could get you funded. But in 2025? Investors are nervous, capital is cautious, and the rules of the game have changed. In this episode, we dig into: Why most investors are frozen in fear (and how to break through) The difference between 506(b) and 506(c) — and why it matters more than ever How I raised over $100M using systems, not sales pitches What makes LPs say “yes” (even when the market says “no”) And how to attract high-net-worth capital… even if you're not an “influencer” This was originally released as a guest episode on the Main Street Business Podcast, but it was so packed with insights we decided to repost it on Cash Flow Connections. If you're trying to raise capital right now — or plan to — this is required listening. Talk soon, Hunter Thompson Interested in learning how to take your capital raising game to the next level? Meet us at Capital Raiser's Edge. Learn more here: https://raisingcapital.com/cre

Is playing it safe really the best path to wealth? In this episode, Rich Somers joins Hunter Thompson on Cash Flow Connections to break down why he walked away from a secure W-2 job, cashed out his 401K, and went all-in on real estate investing—ultimately building an eight-figure net worth through boutique hotels.Rich and Hunter dive into:Why the greatest wealth transfer in history is creating once-in-a-generation opportunities.The power of taking bold action and how real estate can provide real financial freedom.Why boutique hotels are outperforming short-term rentals and how to navigate Airbnb regulations.The role of personal branding in raising capital, attracting deals, and scaling a business.The mindset shifts required to break out of the traditional path and build lasting wealth.Rich shares his journey from an air traffic controller to a full-time investor, while Hunter breaks down why timing, market cycles, and strategic decision-making are key to long-term success. Whether you're stuck in a W-2 or looking to scale, this episode offers real insights into betting on yourself and making big moves in real estate.Ready to take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Join a free strategy call with our team: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest. Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.

Hunter Thompson, bestselling author and host of Cash Flow Connections, is also the founder of RaisingCapital.com. As an expert in capital raising, he shares valuable insights and strategies—tune in for top tips on mastering the space! Connect with Hunter: Raisefest.com  Email support@raisingcapital.com for AI Resources Highlights: 2:15 - Hunter's Path/Background 6:15 - Hunter's Drive/Inspiration 14:40 - Capital Raising Getting Harder (Strategies) 19:10 - Using AI to Your Advantage 22:45 - LP Investing Evolution 31:39 - Hunter's Event Coming Up!   Quote: "If you just take it more seriously, out work everybody, you can out beat them!"   Recommended Resources: Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club! If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.  Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.  Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.

Are you struggling to navigate the complexities of real estate investment strategies and secure consistent, reliable returns? Whether you're finding it challenging to identify lucrative deals, dealing with the pressures of managing property expenses, or unsure about how to balance risk and reward in an ever-changing market, these frustrations are common among investors. This episode features Drew Breneman's appearance on Cash Flow Connections Real Estate Podcast with Hunter Thompson and Tyler Lyons, where Drew delves into the intricacies of real estate investment, offering insights to overcome these obstacles and achieve stable, long-term success. Hear about how Breneman Capital uses technology and data for market selection, underwriting property performance, the impacts on their investment strategies and some of Drew's experiences in his recent capital raises. “Using today's data, and then what happened the last 20 years to know what moves the model, we can then predict… the next one and two years.” - Drew BrenemanIn this episode you will learn:About the core plus strategy and its benefits compared to older, value-add properties.Investment preferences focusing on safer returns of 12-13% over high-risk strategies aiming for 15-16%.Value-add strategies, including rent adjustments and amenity packages.How Drew and his team utilize underwriting data and detailed historical expense tracking to evaluate deals accurately.Insights into market conditions and predictions, accounting for short-term challenges and long-term trends.ResourcesListen to the original episode: https://podcasts.apple.com/us/podcast/using-technology-to-gain-a-competitive-advantage-e828-tt/id1193877994?i=1000650510182 This podcast was produced by the team at Zapods Podcast Agency:https://www.zapods.com----------Breneman Capital: https://www.breneman.comInvestor List: https://www.breneman.com/investPassive RE Investor Guidebook: https://www.breneman.com/downloadsConnect with Drew on LinkedIn: https://www.linkedin.com/in/drewbreneman

In this episode of RaiseMasters Radio on the Cash Flow Connections podcast, Adam interviews Haley John, a leading figure in the multifamily investment space. Haley shares her journey from founding RH Capital Partners in 2019 to raising $30 million, and discusses the challenges and successes in asset management, including the impact of recent interest rate changes. The episode also highlights the importance of building personal relationships in capital raising and offers a sneak peek into Haley's upcoming investment conference. Tune in for valuable insights into the multifamily market and the power of networking. Resources mentioned in the episode: Haley John Instagram Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

In this episode of RaiseMasters Radio on the Cash Flow Connections podcast, I sit down with Kent Leach, a key member of our RaiseMasters community, to explore innovative marketing strategies for booking investor calls. Kent shares insights on his customizable fund approach, positioning himself as an advocate for retail investors, and the crucial role of due diligence in today's market. We also dive into Kent's unique Facebook ad strategy, focusing on creating engaging video content to build a warm audience and increase investor engagement. Don't miss this episode if you're looking to scale your private equity business with effective marketing tactics. Resources mentioned in the episode: Kent Leach Website: Smart A Investors Website: Hickory Creek Capital Partners Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

The multifamily property market can feel like an intricate maze, with concerns about stability, market fluctuations, and achieving favorable returns often taking center stage. Despite dedicating countless hours to researching and analyzing potential opportunities, you might still find yourself grappling with uncertainty and apprehension. In this episode, Drew Breneman guests on the Cash Flow Connections Real Estate Podcast, where he shares his experiences of navigating these challenges and offers insights on mitigating the risks and pinpointing high-potential markets. “Whenever things are going to turn positive in the real estate market, it's going to happen fast” - Drew BrenemanIn this episode, you will learn:The benefits of investing in multifamily properties, including stability, low risk, and strong appreciation.Key investment strategies and market considerations How to mitigate market volatility and make informed investment decisions during fluctuations.The transition from commercial properties to multifamily investments and the factors emphasizing better risk-adjusted returns for multifamily holdings.Insights on the current real estate market trends, including falling rents, increased cap rates, and strategies for conservative underwriting.The "secret sauce" of Breneman Capital, specifically targeting off-market deals for multifamily properties built after 1980 and utilizing advanced analytics tools for investment decisions.ResourcesListen to the original episode on the Cash Flow Connections Real Estate Podcast: https://cashflowconnections.com/e592-tt-how-to-invest-in-multifamily-in-todays-market/Read Hunter Thompson's book, 'Raising Capital for Real Estate: How to Attract Investors, Establish Credibility, and Fund Deals': https://www.amazon.com/Raising-Capital-Real-Estate-Credibility/dp/1712882120 This podcast was produced by the team at Zapods Podcast Agency:https://www.zapods.com----------Breneman Capital: https://www.breneman.comInvestor List: https://www.breneman.com/investPassive RE Investor Guidebook: https://www.breneman.com/downloadsConnect with Drew on LinkedIn: https://www.linkedin.com/in/drewbreneman

Welcome to another episode of RaiseMasters Radio on the Cash Flow Connections podcast. Today, I've got Mark Pattison here, who's been on a tear. In just a month, he's raised over a million dollars by tapping into his network and pivoting his image to a capital raiser—something I failed at. We'll dive into how he did it, but first, let's hear about his background. Mark transitioned from the corporate world to real estate, building a team of 76 agents in San Diego. Now, he's leveraging his experience to raise capital successfully. Tune in for insights and inspiration! Resources mentioned in the episode: Mark Pattison LinkedIn Instagram Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Welcome back to RaiseMasters Radio on the Cash Flow Connections podcast! Today, I'm thrilled to chat with Merrick Lee, a dynamic member of our community making impressive strides in real estate. We'll dive into how he turned a skeptical family member into a warm lead and explore his fascinating journey from digital marketing to real estate success. Stay tuned as Merrick shares his insights and experiences that can help you on your own investment path. Let's get into it! Resources mentioned in the episode: Merrick Lee Jr. Website LinkedIn Instagram Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Welcome back to RaiseMasters Radio on the Cash Flow Connections podcast! Today, we're chatting with Charles Xu about the power of niching down and being your authentic self. Charles will share how embracing authenticity can transform your business, attract dream clients, and boost your success. Plus, we'll dive into his business model, his recent Texas deals, and how he's raising capital using a fund-to-fund strategy. Don't miss this insightful conversation! Resources mentioned in the episode: Charles Xu Website Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Welcome back to RaiseMasters Radio on the Cash Flow Connections podcast! In this episode, we chat with Mike Tai, a standout in our community who raised $2.8 million in just 11 hours. Mike shares his playbook for creating massive investor excitement, even in today's challenging market. Discover his strategies, tips, and tricks to master your capital-raising game. You won't want to miss this insightful and inspiring conversation! Resources mentioned in the episode: Mike Tighe Website Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Welcome back to another episode of RaiseMasters Radio on the Cash Flow Connections podcast. Today, I had the pleasure of chatting with Derek Peterson, a valued member of our community and an expert in branding and marketing for real estate professionals. Derek shared insights into his journey within the RaiseMasters world, from his initial role as a marketing resource to his transition into sponsor operator. We delved into his success in raising nearly $50 million in 2023 and his unique approach to storytelling in raising capital. Tune in to learn how Derek uncovers the story of the deal and connects with investors on a deeper level. If you're looking to elevate your branding and marketing strategy in real estate, this episode is a must-listen. Resources mentioned in the episode: Derek Peterson Website Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Adam Carswell shares a Next Level interview with Hunter Thompson, Host of the Cash Flow Connections Podcast, discussing how they navigate parenthood while pursuing their goals as successful entrepreneurs.In this episode, Adam and Hunter talk about:How to achieve work-life balance Setting boundaries with workHow an environment can affect a child“Girl dads” vs “guy dads” Adam would like to give a huge thanks to Hunter for coming on the Dream Chasers platform and sharing his knowledge and experience.Episode Resources:Adam J. Carswell Facebook Group https://raisingcapitalforrealestate.com/investor-attraction-training-ac-v1 Listen to Adam's music: https://open.spotify.com/artist/7aXBCWkF4GaqldpokuDaiM Cash Flow Connections Podcast: https://cashflowconnections.com/ Timestamped Shownotes:00:08 – Hunter Thompson introduces Adam Carswell on the Cash Flow Connections podcast02:32 – How has Adam been able to achieve work-life balance as a father and entrepreneur?04:30 – Why is it so important to maintain a healthy household? 07:10 – How does the environment your child grows up in affect them?11:46 – When did Adam become interested in becoming a father? 14:00 – What boundaries does Adam set for balancing time for work and time for family? 18:07 – What boundaries does Hunter set for balancing time for work and time for family?  21:03 – How can you match your energy to your family? 23:28 – What is the difference between being a “girl dad” versus a “guy dad”?25:43 – What matters to capital raisers and entrepreneurs?— — — — — Copyright Disclaimer under Section 107 of the copyright act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favour of fair use.This video features materials protected by the Fair Use guidelines of Section 107 of the Copyright Act. All rights reserved to the copyright owners.

Welcome back to another episode of RaiseMasters Radio on the Cash Flow Connections podcast! Today, I sit down with Dinesh and Anchal from Goldstone Capital Ventures, who share their capital-raising secrets. As managing partners, immigrants, and seasoned real estate professionals, they discuss their journey into multifamily investing and the strategies they've employed to raise capital successfully. Dinesh and Anshel highlight the importance of building genuine relationships with investors, especially in the current economic landscape. Discover how they leverage content creation, sponsor events, and share valuable insights to educate potential investors. Gain valuable insights into their approaches, stress testing for deals, and strategies for navigating economic changes. If you're looking for practical tips on raising capital, building investor trust, and seizing opportunities in today's market, this episode is a must-listen. Join us for an engaging conversation with Dinesh and Anshel on this episode of RaiseMasters Radio! Resources mentioned in the episode: Anchal Dwivedi Dinesh Nayak Emails: Anchal Dinesh Website Instagram LinkedIn Facebook Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Welcome to RaiseMasters Radio on the Cash Flow Connections podcast! In this episode, I sit down with Michael Voulgarakis from Southgate Ventures. We dive into the world of scaling, raising capital, and breaking away from the friends and family circle. Michael shares his journey of realizing the need to scale, especially in the face of economic shifts and interest rate changes. Learn how he and his partner leveraged the Raise Masters network to build systems, and processes, and tap into the fund-to-funds model for capital growth. Discover the importance of expanding your investor base and how the fund-to-funds model can be a game-changer. Tune in for valuable insights into raising six to seven figures and navigating the real estate landscape. Join us for an empowering discussion on taking your real estate ventures to the next level! Resources mentioned in the episode: Michael Voulgarakis  Website Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group  

Welcome to this Freedom Friday episode of the Cash Flow Connections podcast! Today's guest is none other than Gib Irons, a true capital collective expert. In this episode, we dive deep into Gib's journey from being an attorney in eastern North Carolina to becoming a capital-raising powerhouse in the multifamily space. Discover the game-changing strategy Gib employed in his investor dinner, turning a seemingly disappointing turnout into a million-dollar success.  Tune in to learn more about the power of intimate gatherings and the art of raising capital. You won't want to miss this exciting episode of RaiseMasters Radio! Resources mentioned in the episode: Gib Irons Website Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Welcome to another Freedom Friday episode of the Cash Flow Connections podcast! Today we have an incredible guest, Ben Schuster, one of our amazing RaiseMasters members. Ben recently achieved a remarkable feat, raising a whopping $16 million without using paid ads, and what's even more impressive is that a significant portion of this capital came from investors who hadn't invested with him before. Join us as we dive into Ben's journey, his recent pivot in business, and the valuable lessons he learned along the way. If you're eager to discover the secrets behind successful capital raises and the power of emotional connection in the fundraising process, you won't want to miss this episode. Let's jump right in! Resources mentioned in the episode: Ben Schuster Website LinkedIn Email Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Welcome back to the Cash Flow Connections podcast! In this special Freedom Friday episode, join me as I sit down with Jen and Stacy, the power duo from Capital Collective. They share insights from their recent event, breaking down the intricacies of attracting investors, forming business partnerships, and fostering relationships. Discover their journey in real estate investing, from single-family home flipping to apartment investing through joint ventures and syndications. Learn how they grew their community and academy, helping others navigate acquisitions, asset management, and capital raising. But it's not all about tactics—Jen and Stacy emphasize the importance of mindset in overcoming challenges. Dive into the intentional choreography of their events, designed to create lasting connections and empower attendees. Plus, get a sneak peek into their unique activities, from breaking boards to snapping arrows. If you're looking for inspiration and practical insights in the world of real estate, join us for this engaging episode with Jen and Stacy. And for more resources, visit their website at rmfiacademy.com. Don't miss out—tune in now! Resources mentioned in the episode: Jen & Stacy Conkey Website Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group  

Welcome back to another Freedom Friday on the Cash Flow Connections podcast! In this episode, I'm joined by Caleb, a seasoned entrepreneur who recently closed a 94-unit deal in Kansas City – his seventh successful deal. Caleb shares the secrets behind his success, emphasizing the power of leveraging relationships and activating investors. We delve into the mindset shift from linear to exponential growth and the importance of aligning values with partners. Caleb's journey, from landscaping entrepreneur to successful multifamily syndicator, is not only inspiring but also a testament to the impact of strategic partnerships. Join us as we break down Caleb's recent deal and explore the abundance mindset that propels his success. Don't miss out on the insights that can transform your approach to real estate and entrepreneurship. Resources mentioned in the episode: Caleb Edwards Oak IQ Investments Website Oak IQ Investments Instagram Caleb's Instagram Podcast Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Welcome back to the Cash Flow Connections podcast! In this Freedom Friday episode, I sit down with Tom Raun, one of our incredible Raise Masters members, who recently closed a remarkable $6.7 million property deal and showcased his prowess in real estate investing. In addition to his thriving business, 1-800-TSHIRTS.com, Tom shares insights into his strategic approach to real estate, highlighting the hands-off nature of triple net investing and the importance of fostering a sense of community among investors. As we shift gears, Tom also delves into his journey into long-distance trail running, drawing intriguing parallels between endurance training and success in business. If you're seeking inspiration from a true entrepreneur excelling in both real estate and ultramarathon running, this episode offers valuable insights and a unique perspective on achieving success in multiple arenas. Resources mentioned in the episode: Tom Rauen 1-800 Tshirts Website Facebook Instagram Fast Food Landlord Website Tom's Instagram Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Join me in this exciting episode of the Cash Flow Connections podcast for a chat with Alvin, one of our RaiseMasters rock stars. Alvin achieved a remarkable feat by closing three commercial properties—a 30-unit, a 12-unit, and an 8-unit—in just a couple of months. We delve into how he pulled off these deals, offering valuable insights into overcoming challenges and navigating the current market uncertainties. Alvin shares his diverse background, from being a physicist and NFL athlete to transitioning into real estate full-time. Learn how he raises money amid economic concerns and discover his unique approach to connecting with investors. Whether you're interested in scaling your real estate portfolio or exploring new investment strategies, Alvin's journey and expertise provide valuable inspiration. Tune in and get ready to elevate your real estate game! Resources mentioned in the episode: Alvin Scioneaux Financial Athlete Capital Website Imperium Fortune Website LinkedIn Instagram Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register. CFC Podcast Facebook Group

Welcome to another Freedom Friday on the Cash Flow Connections podcast! In this episode, I'm joined by Derek Clifford, a real estate expert with a remarkable journey—from single-family investments to managing 400-500 doors while traveling across 10 countries. Discover how Derek achieved location, time, and financial freedom, sharing insights on mindset, raising over $2 million in the past year, and navigating the challenges of international travel while managing a successful real estate business. Explore Derek's path from joint ventures to syndications, the power of mindset in the real estate game, and the impact of joining a mastermind. If you're considering a leap into real estate or aiming to exit the W-2 world, Derek's story and the wisdom shared in this episode could be your catalyst for change. Tune in to the Elevate Your Equity podcast and learn more about Derek's company, Elevate Equity, at elevateequity.org. Don't miss this episode filled with practical advice and the keys to unlocking a life of freedom. Resources mentioned in the episode: Derek Clifford Website Podcast Book LinkedIn Instagram Facebook Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register. CFC Podcast Facebook Group

Welcome to another Freedom Friday episode of the Cash Flow Connections podcast! In today's episode, we're diving deep into a tactical strategy. Get ready to learn a content creation playbook that will revolutionize your approach for the next 12 months. Discover the algorithm for creating impactful content, specifically designed to expand your reach and drive results. Uncover the power of solo episodes using the 4x25 method – a game-changer that has doubled podcast numbers and streamlined client acquisition. Join us in understanding why interview-based content, while powerful, might be leaving money on the table. Learn the secrets of intentional, goal-oriented solo episodes and how they can significantly boost your credibility and raise more capital. So, if you're ready to enhance your content creation game, double your downloads, and elevate your ability to raise capital in just 12 minutes or less, this episode is a must-listen! Get ready for a tactical journey that will transform your approach to podcasting and content creation. Let's dive in! Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register. CFC Podcast Facebook Group

Welcome to another exciting episode of the Cash Flow Connections podcast! In this episode, I'm joined by my friend, Jeff Greenberg, a seasoned capital raiser in the real estate space. Jeff has been involved in the business for over a decade and has recently achieved tremendous success raising capital for various deals. With me is my partner in crime, Adam Carswell too. We dive into Jeff's journey and how he transitioned from an active investor to a successful passive capital raiser. He discusses his customizable diversified fund structure, which allows investors to choose from different asset types under one umbrella, providing diversification and simplifying tax reporting. Jeff also shares his insights into alternative asset classes like RV parks, campgrounds, and short-term rentals, which he's been exploring in addition to traditional multifamily investments. You'll learn valuable tips for networking, showing your authentic self on social media, and expanding your reach as a capital raiser. If you're looking to accelerate your capital raising journey and discover the power of network-driven opportunities, this episode is a must-listen. Jeff's experience and wisdom will inspire you to achieve your fundraising goals while enjoying life to the fullest. Don't miss it! Resources mentioned in the episode: Jeff Greenberg Website Email Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register. CFC Podcast Facebook Group

This is part 2 of a series with Colm McEvilly   Colm McEvilly works with an internal team and directly with prospective and current investors to guide them to the projects that best fit their needs and their goals. In 2018, he took the plunge out of the corporate world and into full-time real estate investing, where he heard he leveraged his engineering background and the data-driven investing methodology that he had learned.    Show summary:  In this episode, Colm discusses the importance of a systematic approach to real estate investing. He introduces a four-step decision-making process and emphasizes the importance of vetting sponsors, analyzing the market, evaluating the investment, and understanding deal numbers. He also shares resources for gathering market information and understanding laws and risks. He further explains different types of investors and the importance of understanding lending information and deal numbers. He advises thorough vetting of sponsors and emphasizes the value of quality asset management. He also recommends asking for underwriting screenshots and having a direct conversation with the investor.   -------------------------------------------------------------- Intro [00:00:00]   The Decision Making Process [00:03:03]    Vetting the Sponsor and Partners [00:07:32]    Analyzing the MSA and Submarket KPIs [00:09:05]    The average income growth and neighborhood analysis [00:09:41]    Schools and their importance in real estate investment [00:10:40]    Understanding investment strategies and deal numbers [00:16:59] --------------------------------------------------------------   Connect with Colm:  Instagram: https://www.instagram.com/tga_ip/  Web: tgaip.com  Linkedin: https://www.linkedin.com/in/colm-mcevilly-1480b94a/     Connect with Sam: I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.     Facebook: https://www.facebook.com/HowtoscaleCRE/ LinkedIn: https://www.linkedin.com/in/samwilsonhowtoscalecre/ Email me → sam@brickeninvestmentgroup.com   SUBSCRIBE and LEAVE A RATING. Listen to How To Scale Commercial Real Estate Investing with Sam Wilson Apple Podcasts: https://podcasts.apple.com/us/podcast/how-to-scale-commercial-real-estate/id1539979234 Spotify: https://open.spotify.com/show/4m0NWYzSvznEIjRBFtCgEL?si=e10d8e039b99475f -------------------------------------------------------------- Want to read the full show notes of the episode? Check it out below: Colm McEvilly (00:00:00) - If you have a process, it puts you in the driver's seat with a clear checklist. It demystifies the process, it gives you control, it saves you headache and heartache. And you know that you're investing for the right reasons.   Intro (00:00:12) - Welcome to the how to Scale Commercial Real Estate show. Whether you are an active or passive investor, we'll teach you how to scale your real estate investing business into something big.   Sam Wilson (00:00:25) - This is part two of a series with Colm Machiavelli. If you want to pronounce his last name correctly. For those of you that don't know, Colm has gone from an engineer to an investor advocate, and his journey has gone from serving himself to want to serve a community. Part two of this. I'm excited to have you back on the show here today. Colm, how's it going?   Colm McEvilly (00:00:43) - It's going fantastic. We're going to dive into this quickly and we're going to have in the show notes, a place for you to reach out to me if you want to dive in to your own personal investing journey to talk about the process we're going to go through, why don't you let me share my screen for those that are able to see what we're looking at and so share screen.   Sam Wilson (00:01:03) - Yep. You should be able to to share that. Yeah. If you're watching this on YouTube, this would be a great one if even if you don't watch the show on YouTube, this would be a good episode to go and actually see. See what Colm is sharing with us here today, because this is going to be great.   Colm McEvilly (00:01:16) - So you see the screen, right?   Sam Wilson (00:01:18) - I do.   Colm McEvilly (00:01:18) - Okay. So this is building off part one. Part one talked about investor biases. And so these are the three different biases that investors have when they're going into every decision. We talked about that at length. If you haven't heard about it go the other podcast. If you want more information I would recommend these books. Thinking in Bets how to decide. This is a professional poker player. She talked extensively about the decisions that we make and how everything's a gamble and how when you're an investor, one of the things that you could do to provide a sense of momentum is decide what level of risk certain numbers and certain decisions are for you, and then you can create a matrix and decide that way.   Colm McEvilly (00:01:59) - And the whole purpose is to have consistency with your investor making podcast investor making decisions. Episode 245 on Cash Flow Connections with Hunter Thompson is an episode where he interviewed this poker player, Annie Duke. And when I heard that episode years ago, this was probably 2 or 3 years ago. We? I just thought, wow, this applies so much to the investors that I was serving at the time. And I noticed that when I talked to software engineers that they had a real process that was tangible. But when I talk to investors that were more emotional, let's say usually physicians are pretty. They're making a lot of emotional decisions. They would go back and forth on the progress of their decision, and the result was that they never made a decision. So they're sitting on the sidelines. They weren't happy, they weren't getting anything done. And I had to come up with a tangible process for them to actually feel like they were in control of their decision making process. And just recapping. If you have a process, it puts you in the driver's seat with a clear checklist.   Colm McEvilly (00:03:03) - It demystifies the process, it gives you control, it saves you headache and heartache. And you know that you're investing for the right reasons. So this is the process that I teach my investors to go through. And there's four different key columns, key quadrants. Think of it like a submarine. And you need and you need to fill up each level of the submarine, each room of the submarine before you move to the next. And the key thing I want to call out is notice that deal numbers is all the way at the end. It's not at the beginning. And so there's a couple of reasons for that. One, what if the investment strategy doesn't even work with what you're looking for? The deal numbers don't matter. What if the market has laws or developments or big, big, you know, units nearby that doesn't align with what you think is best for your the use of your money, then the deal numbers doesn't matter. And then what about the sponsor? What if the sponsors unethical.   Colm McEvilly (00:04:01) - You know, anybody could put 15% IRR in the Excel spreadsheet cell box. Is that is that actually a conservative number? Are you looking at the actual rent escalations. Is that matching the market information. So just know that deal numbers are at the end. You need to vet the sponsor. Then you need to look at the MSA and the area. And then you need to look at the investments. And eventually, you know, like I trust Sam, I've invested with Sam before. I trust him as a sponsor, so I don't need to to do this. So so what I'm saying is that this decision making process is going to be a little bit shorter in the future. I will still look at the MSA in the area in the investment and the deal numbers, because that might be something particular to my needs at the time. Maybe the liquidity timing of the deal is is really important to me. So I need to look at this third stage, which is the investment stage. Right. So but but just driving into this and again you could reach out to me, we could set up a call.   Colm McEvilly (00:05:01) - There'll be there'll be my contact in the show notes. But the first thing you want to do is always have a phone call, you know, is there even a real number on the website? You know, is there is there a real number on. There's a real number on on on Brecken right on your Brecken website.   Sam Wilson (00:05:14) - Oh there.   Colm McEvilly (00:05:15) - Better then know I know, I think I know there is.   Sam Wilson (00:05:18) - I mean it's got to be at the bottom or it's under a contact. Go. We just launched the new website last week.   Colm McEvilly (00:05:24) - Yeah, it looks really good, I saw that. Oh, by the way, you put you.   Sam Wilson (00:05:29) - Did put a review from you. Thanks, buddy.   Colm McEvilly (00:05:31) - Yeah, but you put, you put my last name was with an E instead of M. Not that it matters.   Sam Wilson (00:05:36) - Oh, well, then that's. I got to go back to our website, guys. Hey, we're getting off track here, and you have told me something even already here called my website.   Sam Wilson (00:05:47) - I mean, which you can find my contact info all over the internet, but it it doesn't have our phone number there at the footer. We need that. Hey, I'm sorry, we're getting off track here. What you're doing here is really good. But no, we don't have a phone number there at the footer. Yes, there is at least 100 phone numbers. Probably on there.   Colm McEvilly (00:06:04) - Those are called trust statements. You should actually have a couple different numbers. And then side note, if you are raising capital one of the best websites to file file to follow a site. Tuners. See you notice his phone number up here. There's lots of there in marketing it's called they're examples of trust. You know you have the referrals in here. We're jumping off topic but just know if you want to look if you're building a money raising website go to Site Tuners and you can actually reach out to them and get a free free contact. They can help you optimize your website. Oh that's. Yeah.   Colm McEvilly (00:06:36) - And we could talk about that later. So Brecken and then back to the decision making processes. So you want to have a phone call with them. And you want to look at their track record and not just look at what they are projecting, but what were their actual returns. And referrals is really important. A lot of times I'm working with physicians. They only want to talk to another physician that invested with us. So if you're if you're raising money, again, not just if you're an investor, but if you're raising money, make sure that you have the different occupations of your investors separated and tagged, because you're going to have different investors that are going to want to speak and receive information in a unique way, that they're probably going to hear it better from someone that has the same job as you. So just a side note, but but when you're asking for referrals, maybe ask for somebody that has the same job as you because they're going to care probably about the same things as you as an investor.   Colm McEvilly (00:07:32) - The strategy. So different types of strategy. Right now I'm I'm not so bullish on multifamily. I'm more so bullish on alternative assets. I think multifamily is going to be I think there's going to be a correction. And I'm interested in looking in multifamily in a couple of years from now, unless there's a super sweet deal because but the point is, I know my strategy right now and I've moved a little bit away towards multifamily. I'm in alternative assets, I'm in storage, I'm in industrial with some with some really good sponsors. And then think about this. You know, they always say that your closest five friends are going to predict are kind of like a, a microclimate of what you're going to become. If you have five, five friends that are way out of shape and you're probably going to become out of shape, right? Right. So the partners so understanding who your sponsor has partnered with, why and then learning about those partners, are those partners ethical. Like what have those partners done.   Colm McEvilly (00:08:36) - And and then also asking your sponsor why they partnered with that particular sponsor. Because that could show that could be, you know, you're peeling the onion back and learning about why the sponsor partner with somebody else. Because that could show where the sponsor feels like they might not be super strong or might not have enough resources. And time is a resource. And so learning about your sponsors partners is really important. And then.   Colm McEvilly (00:09:04) - So that's the that's the.   Colm McEvilly (00:09:05) - First quadrant or not quadrant. And that's the first step in in this decision the decision making process. And again decision quality equals your life quality. You your decisions in every area how you do one things how you do everything. So now we're going to dive into the MSR. And there's my old partner Neil Bawa had this thing called location magic. I can send you the link for it. It's really good on identifying key KPIs and submarket KPIs. So for example, I want to look at the population growth, the job growth, and I want to look at the crime and the average condo value.   Colm McEvilly (00:09:41) - I want to look at the average the average income growth. And there's certain metrics. And you can reach out to me, I can give you those metrics that are my lowest growth requirements for for Metro. And then I want to look at the neighborhood. I want to look at the the poverty levels. I want to look at the crime levels. I want to look at the income levels. I want to look at the rent levels for that neighborhood. And again, job growth. You can even sometimes look at job growth and neighborhood Scout USA data. There's a lot of really good websites that are out there that can give you KPI metrics. Actually, I can pull up. So here's here's a couple different fee based softwares that will help you with identifying market and submarket information. So we have ry indicator. Neighborhood scout Ryan Ryan is really good for the debt. So that's probably if you're raising capital trying to buy buildings or buy assets, it's really good for because you'll know the timing of when people have to sell or when they have to get new, new financing.   Colm McEvilly (00:10:40) - Best places. Net best map. Those are some free ones. Data using Google search. Crime grade Dawg city data. Department of numbers. Those are some free ways to look at submarkets. And actually I'm going to I want to show you one thing for schools. When you're when you're investing in B and C classes or when you're investing in a in. B classes, the schools are more important. Important if you're investing in a C class, crimes more important to attend it. Just just understand that. But if you want to find out where to get more information on good schools Niche.com Greatschools.org justice. Org. Those are a couple of really good resources for finding out good schools. Again, go back to the a couple minutes back in this YouTube video and you can see those those free and fee services laws and risks obviously rent control understanding if it's even impacting or not. Where I live right now we have rent control but it's CPI plus 8% and Cpi's like 8%. So I can raise my rent 16% every year.   Colm McEvilly (00:11:49) - You know, that's it's okay. Yeah. Northern California has rent control. But is it even you know that's that's pretty high every year municipality. So this has to do with with understanding different laws. There are some really good websites for understanding the amount of permits and developments that are coming in your area. That's really important because if you have a development that's huge, 200, 300, 400 units that are going in across the street, and you're going to probably have to give up a couple of months of free rent. That's going to kill your cash flow for the first year. So that's something to think about. Unit count, square feet. Just know that that in times of recession, people like more bedrooms and more bathrooms. People huddle together when money is tight, and so just having more bedrooms and bathrooms are they're more desirable in a time of recession. But at the same time, they'll probably stay there longer because they're going to have more, more crap there. And then understanding that people will typically choose a bigger square foot facility than than a small or bigger square foot.   Colm McEvilly (00:12:59) - Apartment in a smaller square split apartment, and then just understanding what your asset class and what's the strategy behind that asset class for that investment. And we're going through here quick. Again, we could always talk I got five more minutes right. Yep. Okay. So this third level is the investment. And you can read this. You can pause the video. But we're going to start with tax benefits. There's three types of investors. There's there's growth investors. There's cash flow investors. And then there's tax deferment investors. And so just understanding why are you investing this particular thing. You know an investment in a multifamily investment in a new development investment are going to have different they're going to have different types of depreciation benefits. Right. You know, typically, if you have more than $3 million deployed, you're a cash flow and cash flow investor. And then if you have less than that, you're an equity growth investor. That's just kind of what I noticed from dealing with with I probably had 6000 investor calls, the NOI strategy.   Colm McEvilly (00:14:03) - So what's the strategy that they're doing to implement to increase the net operating income? What's the lending info? This is crushing people. Right now, there's $1.5 trillion of debt that's about to come up at the end of their term. What are those people going to do if if the income or the worth of the property is actually less than, then what it needs to be in order for them to to get new debt, you know, maybe if they're DSR as 1.0, they're not going to be able to get new debt. So they might have to sell. So just knowing what your lending info is, what your LTV, LTC, your when's the interest only term and and how that affects your your bump and your your balloon payment, not your balloon payment, but how it affects the increase of the of the mortgage on a monthly level when you're no longer interest, only if that's what the structure is and understanding the distribution schedule. I don't personally care if I get one check a quarter or one check a month.   Colm McEvilly (00:15:04) - I have so many different investments I don't even look. I mean, I look at all the reports, but to me, I'm going to get the money eventually. I partner with people again. The number one thing I do is I check the sponsor. I partner with people I really trust, people that have a great track record. So the distribution schedule, if it's monthly, quarterly, weekly, you know, with, with some of this new. Bit tokenization of real estate. You can actually have daily distributions, but I don't know if that is even something that's attractive to somebody. And then forms de filing. Just making sure that, you know, it's a real entity that you're sending your money to. But you probably already knew that because you vetted the sponsor. And then the last, the last we have two minutes for the last section, which is the deal numbers, understanding the CapEx, the reserves and the operational budgets. That's really important. And sometimes the CapEx or the reserves are huge.   Colm McEvilly (00:16:02) - And you go, why do we have $5 million of reserves? And they say, well, we're raising this distribution reserves. It's like, wait, you're raising money just to give me back my own money? What the heck is that? You know, but that's a that's a project that I came across about a year ago. It's kind of funny understanding the fees. You know, sometimes the fees are steep, sometimes they're not. But the truth is, you you think that, you know, you need to pay some sort of fees. You want to pay for someone to have some resources to actually implement good asset management. So asset management fees and property management fees, you get what you pay for. A lot of times it's like it's like olive oil. If you if you buy a cheap bottle of olive oil, it's probably fake. But if you buy an expensive bottle of olive oil, it's more likely going to be real than fake. It could still be fake. So the same thing applies with with the fees that have to do with asset management.   Colm McEvilly (00:16:59) - Really important. You think you think that you know, you think it's expensive working with a professional. Try working with an amateur like you get what you pay for, right? Yeah. Ask for the underwriting. I love it if they don't want to share the underwriting with you. That's a huge red flag. And you don't need you don't need the the actual model. You don't want the model because you might get an Excel version that doesn't line up with the version that you have, and it opens up and all the numbers are like, they're gone, they're off. Right? And you just ask for a PDF screenshot of the underwriting, and if you want further information, you should be able to have a phone call with their investor relations person like myself or, you know, the partner like Sam. And they should be able to speak eloquently through the entire numbers with you. Ask for the underwriting.   Sam Wilson (00:17:48) - That's one thing. And we have to we have to hit stop here, unfortunately. But this is awesome.   Sam Wilson (00:17:53) - By the way, what you've shared today is really good because this applies both to the people out there raising capital and also to the people out there looking to deploy their money into investments. The strategy is the same. It's just on which side of the table you are and how you're looking at this. One comment on the underwriting is I actually asked for the Excel model, and so maybe I'm a little bit different in that regard, but I asked for the Excel model just so I can play with the numbers and see how they change. Or it's like, okay, good call out. Like that's your assumption. Like you assume there's an 8% rent growth, but what happens if there's a -3% rent growth, like, oh yeah, you know, I don't know. That's just one of the strategies that I as a personal when I deploy capital into into other investments as a limited partner that I 100% of the time ask for the Excel model. Anyway, on that column, if our listeners want to get in touch with you, learn more about you.   Sam Wilson (00:18:43) - What's the best way to do that?   Colm McEvilly (00:18:45) - My email is column at TGR. That's that's column at TGR. And and there'll be some show notes.   Sam Wilson (00:18:57) - Absolutely. Column. This is great dude. Maybe we got to come back for round three. But thank you again for your time today. This has been absolutely fantastic.   Colm McEvilly (00:19:06) - Hey. Thanks, Sam.   Sam Wilson (00:19:06) - 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 appreciate you listening. Thanks so much and hope to catch you on the next episode.

Welcome to another revealing Freedom Friday on the Cash Flow Connections podcast! Today, I'm setting the record straight about perfectionism in entrepreneurship. Many believe perfectionists produce superior work, but the truth is quite the opposite. I'll illustrate this with a simple example: creating an ebook. The perfectionist may take six months crafting the "perfect" ebook, isolated from market feedback. Meanwhile, the action taker completes one in a month, benefiting from real-time feedback and iterations. Fast forward six months, and whose work is better? The action taker's, of course. Real-world market feedback trumps self-imposed perfection. So, if you've been stuck in perfectionism, it's time to shift your approach and prioritize action over perfection. Don't miss this eye-opening episode! Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Welcome back to another straight-talking Freedom Friday episode on the Cash Flow Connections podcast! Today, I've got some real talk about "rescue capital." Let's cut through the hype and dive into the math and logic behind this concept. The reality is, when you're buying in a competitive market with high loan-to-value ratios and prices have corrected significantly, rescue capital may not be the lifeline it's cracked up to be. The numbers just don't add up. Join me as I break down why this might not be the savior some claim it to be and explore the real opportunities that lie ahead. Don't miss out on a refreshingly honest discussion this Friday! Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Welcome back to another eye-opening Freedom Friday episode on the Cash Flow Connections podcast! Today, we're delving into a critical issue: the multifamily meltdown. In a recent master class, we broke down the economic landscape, underwriting strategies for corrections, and deal structures, featuring experts who've raised millions. I'm shedding light on a perspective rarely discussed—what happens when your debt service surpasses your NOI, and the distress isn't over yet. We're facing a unique situation, but there's hope. Join me as we navigate this challenging terrain, providing insights to help you steer through and emerge stronger in the real estate game. Tune in and stay ahead of the curve. Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Welcome to another captivating Freedom Friday episode on Cash Flow Connections podcast! Today, we're diving into a topic close to my heart: the economics of being an outlier. Join me as we discuss how the traditional education system tends to stigmatize outliers, pushing us towards the mean. I'll share my personal experiences and shed light on the power of specialization and leaning into our unique abilities within the world of capitalism. Discover how being an outlier can pave the way to a life beyond the norm, filled with success and fulfillment. Don't settle for average—embrace the extraordinary and unlock your true potential. Stay tuned for insights that might just change your outlook on life this Freedom Friday. Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Welcome to a special Freedom Friday episode of Cash Flow Connections! In this audio-only episode, we're diving into the world of Fund of Funds Mastery—a game-changer in the real estate investing sphere. Imagine accessing nine comprehensive modules covering everything from email templates to closing scripts, guiding you step-by-step on how to dive into the fund-to-funds world. Picture a scenario where you don't need to convince people to partner with you or vouch for your track record. Tune in as we unravel the power of the fund-of-funds approach, demonstrating how it allows you to cut through the growth curve, raise capital more efficiently, and collaborate with exceptional groups. If you're curious about how this approach can transform your real estate journey, listen in as we share valuable insights and personal experiences, illustrating how you can leverage existing networks and become a collaborator in this exciting industry. Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Welcome to this week's Freedom Friday episode of the Cash Flow Connections podcast! In this episode, I'm diving into a powerful networking strategy that can connect you with millionaires, billionaires, and industry leaders. Learn what NOT to do when approaching these influencers and discover the magic two words that can open doors you never thought possible. It's all about saying "I already," and I'll show you how to use it to your advantage. Tune in for game-changing insights and start building meaningful connections today. Don't miss out! Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Welcome to this Freedom Friday episode of the Cash Flow Connections podcast! Today, I'll be sharing insights from my recent encounter with marketing guru, Russell Brunson, who's considered one of the most influential marketers in history. We'll be delving into the world of remote team building and how to scale your business while embracing a fully remote workforce.  Drawing from my experience and Russell's wisdom, we'll explore four key strategies for success in this remote work era. Tune in and revolutionize how you approach team building and company culture in a remote landscape. Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Welcome to another Freedom Friday episode of the Cash Flow Connections podcast! In this episode, we dive into the invaluable art of maximizing your experience at real estate conferences and networking events. Join me as I share insights from our recent Raised Masters members meeting, featuring speakers like Charlie Wessel, Dr. Johnny Walker, and Rob Beardsley. Discover how to make the most of your time at these events, build authentic relationships, and unlock the potential for multimillion-dollar partnerships. Don't miss out on this essential advice as we gear up for event season – your time is your most precious resource, so use it wisely! Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Welcome back to another Freedom Friday episode on Cash Flow Connections. Today, we've got a story that's gonna hit you right in the feels, and it's got a surprising twist for your business. So, if you're anything like me, you're a die-hard UFC fan, following every punch, kick, and drama in the octagon. And let's be real, we've all got a soft spot for Dana White, the ultimate entrepreneurial inspiration. Now, last week, Sugar Sean O'Malley stepped into the ring for the UFC 135-pound belt. This guy didn't just climb the ranks with skill; he did it with charisma and style, taking a page from the Conor McGregor playbook. But here's the kicker: he didn't just talk the talk; he walked the walk, knocking out the reigning champ, Al Jermaine Sterling. Now, I was expecting the waterworks, you know, the emotional breakdown and all that. But O'Malley didn't do that. Instead, he doubled down on his self-belief and called out his next challenger, Cheeto Vera. This got me thinking about the power of unwavering self-confidence. You see, billionaires often share this trait—a certain level of delusion and an unmatched risk tolerance. It's what propels them to achieve the seemingly impossible. But here's the deal: in business, we can't let limiting beliefs hold us back. If you're weighed down by self-doubt, you might miss out on incredible opportunities. So, here's my message to all you brilliant minds out there: you deserve to be where you are, in control of investments, and making a real impact. Embrace your inner delusion, channel your inspirations, and remember, someone out there is looking up to you, thinking they can't make it. Be the proof that they can. Stay tuned, and let's dive deeper into this mindset shift. Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Adam Carswell shares a Next Level interview with Tyler Lyons and Hunter Thompson of Asym Capital on the Cash Flow Connections podcast as they discuss how Asym Capital is shifting its investment strategy from diversification to a one market focus. In this episode, Hunter and Tyler talk about:How Asym Capital decided on its initial investment strategyWhat caused Hunter and Tyler to pivot their business model to multifamily How they analyze the market to set long-term and short-term goals  Adam would like to give a huge thanks to Tyler and Hunter for coming on the Dream Chasers platform and sharing their knowledge and experience raising capital for real estate.Contact Hunter Thompson and Tyler Lyons: https://asymcapital.com/ Episode Resources: Adam J. Carswell Facebook Group RaisingCapital.com CashFlowConnections.com Asym Capital GooBalls.io Carswell.ioTimestamped Shownotes:02:10 – How did Asym Capital get to where it is today?04:25 – What are some of the issues with only focusing on diversification as a company?05:22 – What asset class did Hunter find to be the best to pivot their business to focus on?06:10 – What is Tyler's background and how did he discover real estate investing?09:37 – How did Hunter and Tyler decide on Phoenix as their geographic focus?16:30 – How does Tyler evaluate the long-term fundamentals of the market to make sound investment decisions?20:01 – What types of risks are Tyler and Hunter willing to incur to achieve the returns they want? 21:34 – What are Tyler's thoughts on investors' hesitance toward investing in real estate during a recessionary period?24:07 – What is Tyler's perspective on underwriting and raising capital for deals in today's economic climate?29:09 – What do the next 12 months ideally look like for Tyler from a business perspective?— — — — — Copyright Disclaimer under Section 107 of the copyright act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favour of fair use.This video features materials protected by the Fair Use guidelines of Section 107 of the Copyright Act. All rights reserved to the copyright owners.

Get ready for another exciting Freedom Friday episode on Cash Flow Connections! In today's episode, we're diving into a topic that's on everyone's minds: How to Recession-Proof Your Mind. With the uncertainty in the economic landscape, it's crucial to equip ourselves mentally for the challenges that may lie ahead. Your host brings you valuable insights from his own experiences and draws inspiration from an industry maverick, Alex Hormozi. From scaling businesses during a pandemic to overcoming once-in-a-lifetime risks, you'll learn about strategies that can make you invincible in the face of adversity. Discover the top five tips that can help you navigate through tough times and emerge stronger than ever. So, whether you're a seasoned entrepreneur or just starting your journey, tune in to this episode to recession-proof your mind and set yourself up for success. Remember, challenges aren't roadblocks; they're stepping stones to greatness. Tune in! Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Welcome back to another Freedom Friday episode of the Cash Flow Connections podcast! In this episode, we're diving into a powerful quote from the man himself, Alex Hormozi, who scaled three companies, sold them for a net worth of $100 million, and is about to drop a book. He reveals a key strategy: create something awesome, give it away for free, and watch your leads soar. But that's not all. We've got something big for you. We're talking about a game-changing concept called "Fund of Funds." We created a course on it, poured hours into it, and initially planned to sell it for thousands. But guess what? We're giving it away for free. Head to FundofFundsMastery.com/Free-Course to get access. And if you're ready for the ultimate leap, join us at RaiseMasters for the complete journey. Get ready to supercharge your success! Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Welcome to another Freedom Friday episode of the Cash Flow Connections podcast! Today, we explore the three crucial mental models for success at different business stages. From getting to six figures by solving problems for your audience, to modeling what works for seven figures, and finally, the unique challenges and opportunities of eight figures. Tune in to gain valuable insights and practical advice on your capital raising journey! Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Welcome to another Freedom Friday episode of Cash Flow Connections! Today, we have Mike Foley, a Raise Masters member, sharing his incredible success story. Mike recently bought a property for six million and sold it for a whopping 17 million! He raised a couple of million dollars in just a week and a half, which is truly inspiring. Mike has been in real estate for over 20 years, starting with flipping houses and gradually moving to development. He recently completed a major land entitlement and development project in North Carolina, capitalizing on the booming market there. He faced some challenges, including the unexpected impact of COVID on timelines, but he didn't let that stop him. Mike shares his strategies for raising capital and the keys to his successful deal-making. He emphasizes the importance of finding the right niche and being confident in your deals. If you're looking for advice on how to break into real estate or take your current investments to the next level, this episode is a must-listen. Mike's journey showcases the power of determination and the potential for significant returns in the real estate industry. Don't miss this inspiring episode of Cash Flow Connections' Freedom Friday! Resources mentioned in the episode: Mike Foley Website Email Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

In this episode of Cash Flow Connections, we discover the secrets of investing in e-learning businesses. Raleigh Williams, a seasoned investor, shares valuable insights on their investment approach and what they look for when analyzing potential opportunities in the online coaching and e-learning space. The episode delves into two key frameworks: the GOAT framework, which examines growth rate, operations, accounting, and defensibility, and a market-focused framework that evaluates growth rates and market leadership. Furthermore, the podcast highlights the importance of tracking customer acquisition costs in relation to revenue growth as a key indicator of market growth. The discussion also emphasizes the significance of partnering with ambitious founders who have long-term goals and a shared vision for scaling the business. Find out how aligning with driven entrepreneurs sets the stage for successful growth and investment outcomes. If you're curious about the potential of investing in e-learning businesses or wish to gain deeper insights into this dynamic sector, tune in to this enlightening podcast episode. Take Control,  Hunter Thompson Resources mentioned in the episode: Raleigh Williams Twitter Website Interested in investing in ATMs? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

In this episode of Cash Flow Connections, we delve into passive investing and syndications. Hunter shares his journey of investing in syndications since 2011 on Old Capital Podcast, talking about building relationships, and raising capital successfully. Key points include the importance of curated operating partners, robust due diligence, and attracting capital. We discuss how to identify high-quality sponsors as a passive investor and strategies for attracting capital and effective communication with investors. The syndicated approach to investing in commercial properties is explored, emphasizing the value of experts in complex assets and the benefits of diversification. The seven-stage due diligence process is outlined, covering sponsors, managers, financing, performance, market analysis, property-specific details, and legal aspects. Tips for passive investors include trust but verify, leveraging third-party reports, and evaluating sponsors through title searches and third-party service providers. Join us to uncover insights on identifying sponsors and attracting capital in the world of passive investing and syndications. Take Control,  Hunter Thompson Resources mentioned in the episode: Old Capital Podcast - Paul Peebles & Michael Becker Website Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Adam Carswell shares Next Level content of Hunter Thompson on the Cash Flow Connections podcast interviewing Gerald Celente, Founder and Director of the Trend Research Institute, about the economic outlook for 2023 and what influences the financial crises that arise.In this episode, Hunter and Gerald talk about:The causes of recent economic instability and financial downturnThe collapse of the US dollarWhere to invest your money and preserve your wealthThe effects of fluctuating inflation and interest rates How politics on the world stage affect the US economy  Adam would like to give a huge thanks to Hunter and Gerald for coming on the Dream Chasers platform and sharing their knowledge and experience.Contact Hunter Thompson: RaisingCapital.com Contact Gerald Celente: https://trendsjournal.com | https://trendsjournal.com/trends-research-institute/ Episode Resources:Adam J. Carswell Facebook Group | RaisingCapital.com | Asym Capital | TrendsJournal.com | Cash Flow Connections Podcast | Hunter's Instagram | Carswell.ioTimestamped Shownotes:01:00 – Hunter introduces Gerald Celente, Founder & Director of the Trends Research Institute 01:45 – What is Gerald's economic outlook for 2023?03:18 – What caused and is causing economic uncertainty and instability?07:45 – What are Gerald's thoughts on the inflation of the Jobs reports data?11:05 – Why does Gerald believe that interest rates are rising and the economy is in trouble?13:02 – Why is inflation trying to be curtailed and what are the effects of high inflation?15:30 – Why is the banking crisis going to slow the FED to fix interest rates and what will happen to the dollar as a result?18:06 – What will happen if the US dollar collapses and what will replace it?20:07 – What is happening with China and India's economies and how will that affect the world stage?21:49 – What alternative assets are replacing traditional cash currency?25:57 – How do today's energy issues compare to the issues in the 1970s?28:55 – How will the World Economic Forum affect energy policies?31:55 – What can people do to protect their wealth?32:25 – What are Gerald's thoughts on US intervention in Syria?34:09 – What does Gerald believe about the future of multifamily real estate?39:54 – How is the banking crisis affecting digital currencies?41:58 – What should people do to prepare for the coming challenges facing the financial and economic system?

Today Jonny speaks with the Godfather Of Blockchain Real Estate, Co-Founder of The Blockchain Real Estate Summit, CEO of Liberty Real Estate Fund, and Principal of Concordia Realty Corporation, Michael Flight. Michael also hosts the Nothing But Net Show podcast together with Adam Carswell.They discuss:1. What is Blockchain real estate investing?2. Issues in tokenization3. RisksMichael is a real estate entrepreneur who is an expert in Retail Real Estate (Shopping Centers and Single-Tenant Net-Leased) investment, leasing, operations, and redevelopment. Michael has been active in commercial real estate over the past 34 years and has handled more than $600 million worth of real estate transactions. Michael has extensive experience in development, leasing, sales, property management, and innovative financing techniques, including Security Token Offerings (STO).Michael has been featured on The Real Estate Guys Radio Show, Cash Flow Connections podcast, the Real Estate Espresso podcast, and Buck Joffrey's Wealth Formula podcast, to name a few. Michael is also a well-known speaker at FreedomFest, Investor Summit at Sea, the Intelligent Investors Real Estate Conference, the Multifamily Investor Network Conference, and the Liberland 5th Anniversary Conference. He is a published author who has been recently and was featured in the #1 Amazon bestselling book: DESIRE, DISCIPLINE & DETERMINATION (2019). He is currently finishing a book on the benefits of Single-Tenant Net-Lease (STNL) real estate investments.Michael has been elected to public office and is currently serving in his third term as treasurer of the Riverside Public Library. He also serves on the real estate investment advisory board of Chicago Hope Homes. He is a founding board member for Freedom of Life (Asociata Umanitara Libertatea De Viata), a Romanian NGO helping women achieve liberty and build new lives while recovering from human trafficking. Learn more about Michael:Website: https://investonmain.com/Get Michael's Special Report: https://investonmain.com/real-estate-tokenization-report/Join the Blockchain Real Estate Summit: https://blockchainrealestatesummit.com/Connect with Jonny!Cattani Capital Group: https://cattanicapitalgroup.com/Invest with us: invest@cattanicapitalgroup.comLinkedIn: https://www.linkedin.com/in/jonathan-cattani-53159b179/Jonny's Instagram: https://www.instagram.com/jonnycattani/IRR Podcast Instagram: https://www.instagram.com/theirrpodcast/TikTok: https://www.tiktok.com/@jonnycattaniYouTube: https://www.youtube.com/channel/UCljEz4pq_paQ9keABhJzt0AFacebook: https://www.facebook.com/jonathan.cattani.1

Adam Carswell shares Next Level content of Hunter Thompson, Founder of RaiseMasters, on the Cash Flow Connections podcast discussing his journey with politics, philosophy and economics that turned him towards anarchism.In this episode, Hunter talks about:His background learning about politics What anarchism actually stands for How anti-war sentiment inspired his philosophical journey What governmental action is actually necessary  Adam would like to give a huge thanks to Hunter for coming on the Dream Chasers platform and sharing his knowledge and experience.Contact Hunter Thompson: https://raisemasters.com/raisemaster / https://raisingcapitalforrealestate.com/rcfree Episode Resources:Adam J. Carswell Facebook Group | RaiseMasters | Asym Capital | Cash Flow Connections Podcast | Hunter's Instagram | Carswell.ioTimestamped Shownotes:01:21 – What are the roots of anarchism versus government? 03:55 – What is Hunter's background with politics and how have his viewpoints developed?06:16 – How did Ron Paul affect Hunter's perspective on politics and war? 08:16 – What is the philosophy of anarchism and why does Hunter support it?10:40 – What are Hunter's views on the government?11:40 – What does Hunter believe in?12:48 – What two questions framed Hunter's perspective on the philosophies of government and anarchism?

Is multifamily an undervalued asset class? This may sound like a controversial take, but Hunter Thompson is here to tell us why we should believe it.  Hunter is Managing Principal at Asym Capital, which helps real estate investors acquire properties that are recession-resistant. His team's background in economics and technology provides clients with a unique perspective in investing in real estate deals. Hunter is also an expert in capital raising.  He has raised more than $50 million in private capital and has taken down over $100 million in real estate. His tips and tricks are written down in his book, Raising Capital for Real Estate.    [00:01 - 04:44] Opening Segment Why Hunter Thompson fell in love with passive investing Here's the reason you should work with Hunter [04:45 - 14:52] The Economics of Real Estate Hunter's different approach as a limited partner What are recession-resistant asset classes? Hunter explains He gives his thoughts about the profitability of ATM businesses  [14:53 - 24:30] Multifamily is Undervalued, and Here's Why Listen to Hunter's thoughts about inflation and its influence on real estate investing Hunter believes that multifamily is being undervalued He tells us why He shares his thoughts on the tokenization of real estate [24:31 - 27:40] Closing Segment A tool or resource you can't live without Calendly A real estate mistake you want the listeners to avoid Focusing too much on capital raising Pay attention to debt too Your way to make the world a better place  Helping people become successful entrepreneurs Reach out to Hunter See links below  Final words   Tweetable Quotes “The debt piece is usually the single most important determiner on whether or not investors get their money back.” - Hunter Thompson “You can be way late and very successful in real estate because of the speed at which the asset class moves…you don't have to have the best deal in the world, as long as you're participating.” - Hunter Thompson “If you think that [the tokenization of real estate] is a potential thing that's going to have a lot of legs, I don't want you to have to be the person that actually makes it happen. You can let someone else go and incur that risk, figure it all out for you you can be three years later, you're still going to get tremendous, tremendous upside.” - Hunter Thompson   -----------------------------------------------------------------------------   Email hunter@asymcapital.com to connect with Hunter or follow him on LinkedIn. Do you want to work with a technology-enabled real estate investment firm? Check out Asym Capital now.   Listen to Cash Flow Connections to learn the intricacies of commercial real estate from the comfort of your car, home, or office. DOWNLOAD THIS FREE BOOK, Raising Capital for Real Estate.  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: Hunter Thompson  00:00 Go all in on education. The time is now to do that. It doesn't mean go and get into an illiquid investment. Similarly to the world of the tokenization of real estate, if you think that this is a potential thing that's going to have a lot of legs, I don't want you to have to be the person that actually makes it happen. You can let someone else go and incur that risk, figure it all out for you, you can be three years later, you're still gonna get tremendous, tremendous upside because this is not the world of innovation. This is the world of copying others that have had success.   Intro  00:31 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  00:42 Hunter Thompson has raised more than $50 million in private capital and has taken down over $100 million in real estate. He's also written a book, Raising Capital for Real Estate, which you can find at raisingcapitalforrealestate.com. Hunter, welcome to the show.    Hunter Thompson  00:57 Honored to be on thanks again.    Sam Wilson  00:58 Hey, man, the pleasure is mine. same three questions asked every guest who comes on the show. In 90 seconds or less, can you tell us where did you start? Where are you now? And how did you get there?   Hunter Thompson  01:05 So I started by being really interested in what took place in 2008. Just the devastation that took place in the marketplace, I did not lose any money in 2008, I was just a college student. So I thought, You know what, this is a great time to invest within bloods in the streets. I moved to California, not because of the market, but just because I felt like that's where the excitement was, especially at the time. And there was a lot of money and the cap rates, though they had been depressed, they were far too low for what I felt comfortable with. So I started looking at other opportunities outside the state of California and was very quickly introduced to the world of syndications, which is, you know, common vernacular now. But at the time, it was only me and like three other guys that I knew that you know, what we later would call crowdfunding real estate. And I fell in love with the world of passive investing, and built a business to help people find great investment opportunities that were vetted so that they could be great LP investors, and decided to raise capital for other people's deals. So to a large degree today, I still am a passive investor. I just raised significant capital from our role of extra sponsors that we created over the years. I hope that was 90 seconds.   Sam Wilson  02:14 Close enough. I mean, that's an intriguing idea. You know, I think, you know, we've seen that the rise of the capital allocator, we've, you know, that has become its own thing. And there's inherent risk, I think involved in that whether or not you become a registered investment with a resident IRA, which I think you are,   Hunter Thompson  02:31 I'm a registered representative, which is a different track from the RA route, but it's similar in practice.   Sam Wilson  02:36 Okay, so you're a registered representative, a broker-dealer. I think that's terminology, right. And then we have people kind of play in the wild west gray space of just raising capital, but not really being on the GP team, but they're on the GP team doing nothing you got you kind of got that weird, but I really don't want to tackle all of that today. I mean, if you want to dig in further on that we've got lots of episodes, we've brought on some other people who've done the same thing as a registered representative Hunter has, but really just a unique idea that you can go out and raise money for a project that someone else is doing, like break that down for us, like why does somebody come through Hunter versus just going direct a sponsor?   Hunter Thompson  03:11 Well, it's a good question. And so we work really hard to answer it, you know, economically, relationship-based, etc. So, generally speaking, all of our economics is paid by the sponsor, because we're providing them a tremendous service. When they do deals with us, we have very buttoned-up investment wires, just hitting their account without them doing much of anything, in terms of raising capital. We put them in a very good position because once we go through our very rigorous due diligence process, which sometimes can take years, and that's not an exaggeration, when we put that group in front of our investor base, they're positioned in a very good light. So we don't do deals with a lot of sponsors, you know, we've done deals about six or seven sponsors only like four of which we're currently doing a ton of deals with because of the deal flow changes and the dynamics of the market shifted. And so why a sponsor would be interested in dealing with us, our position in the space is we have a very good reputation we deliver on our promises. And if they're willing to part with some of the economics of their deal, it'd be worth a conversation on the investor side of things. They're getting a very white glove vetted process, which results in them to a large degree, being able to rely on our due diligence process, rely on our relationships rely on the fact that I'm usually one of the largest personal investors in each of our offerings. And they also know that somewhere between 70 and 80% of our economics are based on performance. So we're just not incentivized to do a lot of deals. We do deals with groups we think are going to work and you know, I invest significantly in each one of them.   Sam Wilson  04:45 Man, that's fantastic. I love that. That's very, very cool. And that is certainly a compelling thesis. I love what you said there about a white-glove service because I mean, let's be honest, it's a pain in the neck to be a limited partner and actually find a deal that you like. I'm in this industry, and I'm sitting on capital right now I know I'm like you, I mean, you know, hundreds of operators and I'm going, I don't want to put this, it'd be 10 times harder if I really didn't know the industry that well, I mean, then you're really just throwing a dart at the wall going, Gosh, I sure hope I hit the bull's eye.   Hunter Thompson  05:12 There was a time where access was the challenge. If I could only access these deals, I'd be able to invest, right? But now anyone can Google real estate crowdfunding and you can access hundreds of opportunities. The problem is, everyone's marketing documents were made by someone overseas that costs $35 An hour and they look amazing. But the difference between Blackstone's marketing documents, anyone else's marketing documents is really negligible, right? There's no real difference. So what's going on under the marketing documents is what really matters? Who are the actual principals? Have you run a background check or criminal check? Have anyone that's, you know, to some degree, acting on your behalf? I tour properties across multiple states show up to properties randomly pull deeds on property. So if you take a picture in front of a property and say, Hey, I own this billion-dollar piece of real estate, I don't just take your word for it, we'll pull the deed on the asset and follow the chain of LLC to until we get to you personally. And at that point, we know you might own the asset. But how many passive investors are doing that? Almost none. But it's not because they don't have the time. It's not because they don't know how. It's just that the economics is such that you can't spend all your time doing what I do, or it will eat into your return profile, right? You spend five or $10,000 on due diligence, and you're only investing 50 grand, it doesn't really work. Even if you know exactly what you're doing. So a big thing of what we do is we use the economies of scale where, you know, in 2021, I think we invested 20 or $30 million, that allows us to do all those things on the behalf of our investors.   Sam Wilson  06:45 Right. That makes a heck of a lot of sense. That's awesome. I love what you guys are doing. And now that we're talking economics, let's shift gears a little bit. I mean, your show is it's a great show. I'm a longtime listener, first-time caller. But no serious. I've listened to your show for now several years and really have enjoyed it. And I love kind of the the controversial people you tend to bring on. It's always a different kind of perspective. Can you give us what your outlook is? You know, you guys are investing a lot of money in a lot of different asset classes? Or is it all the same asset mesh? Like five questions, you're all at once a lot of different asset classes? Or is it all in one asset class? Give us your kind of economic view? How are you guys protecting investors? Just give us your overarching, what does Hunter see in 2022? And what are you doing about it?   Hunter Thompson  07:29 So in some ways, this is kind of a boring response because if you listen to any interview I've done over the last 10 years, you're gonna get the same answer. But I'll kind of justify that. So we have a low-risk cash flow-focused, recession-resistant thesis, meaning that we invest in stabilized to value-add risk profiles that are going to be cashflow positive, at least within the first quarter of the investment. And then they must have some sort of recession-resistant thesis. And so what that means is, the first two are pretty self-explanatory, but the recession-resistant thesis has now become more and more popular. But basically, the demand for the product has to be either inversely correlated with the economy or non-correlated with the economy. So as an example, the self-storage industry is notoriously recession resistant, the worse the economy does, the more people that are downsizing, sometimes the more divorces they are sometimes the more kids move home from college unexpectedly, all of that creates demand for self-storage, a very good recession resistant thesis, I recently did a deal in the ATM business. And that is a really interesting one. So the ATM business in today's and then this particular niche. It's basically for people that are unbanked or on bankable, you can't get a bank account. And so the worst the economy does, the lower people's net worth tends to be, the less likely they have income, it's more difficult for them to get a bank account, it pushes them into the unbanked. And then they use ATMs to kind of transact, like most people, or other people would use banks. And there's 10s of millions of people so that are unbanked in the United States. So that creates a really interesting, compelling, recession-resistant thesis. And another piece of that one is that we don't sell the ATMs later down the road. So the valuation of the ATMs to be determined at a later date is not consequential to the investment thesis. So I really love the combination of let's say, investing in self-storage, where you're going to sell and your 10 out evaluation, you hope to be larger. In the ATM business, you don't care about the valuation, the cash flow is so significant that the IRR is totality. And its totality is from operational cash flow. Right. So just constantly participating in the market intelligently, always with that thesis, but as things change the marketplace, changing the percentages that we're investing. So in the wake of COVID, for example, grocer-anchored retail, which is a very compelling recession-resistant thesis, that is not a significant piece of our future investments because of the changes that have taken place in the marketplace.   Sam Wilson  10:02 That's intriguing. And those are two very different asset classes. They're, you know, the self-storage one. Yes. You're looking for an equity multiple upon exit. Yep. Or as an ATM, you're just collecting the cash flow. And I think like you said, it's not contingent upon a future sale, which means at year, I think, if I recall correctly, as I looked at this deal like it was a seven-year, that's right, when your deal and you know, at seven years, the disposition price of your ATMs was zero, basically, yeah, you're just giving it away. Right? And that's really, really interesting. What do you think, you know, and we're gonna, I'm gonna turn left here, but CBDC. So Central Bank, Digital Currencies, need fear for that, and the effect it could have upon the ATM business?   Hunter Thompson  10:41 So yes, and no. So I think we saw what happened in China. And of course, you know, I have invested like, our investors invested 10s of millions of dollars in this space. So we're definitely like focusing on this particular risk. So we've done a whole hour and 15-minute podcast about this particular topic with someone who is part of like the ATM lobby and understands the regulations and how they work, we definitely take the risk seriously, but we're just not concerned about it in that seven-year timeline. In China, they were able to successfully basically convert everyone over to a kind of centralized digital currency very quickly. But China, as many of you may know, it's like a top-down process where they can make it so instantly, they can say this is the case, I believe it was the movie, Thank You for Smoking, wherein the film, the son of the main character, ask them, “Daddy, what makes America so great? And he says, our endless appeals process? Well, that's the reality with the banking sector. So you can't just say, Hey, new digital currency, sorry, banking sector, it's new, this is what we're gonna, no, there is a litigation that's going to take place, there's endless rules and regulations, there's people going to push back on this stuff. And that's, we just don't see it hasn't started, it truly hasn't started in the sense that we actually see ATMs increase in transaction volume within our niche on an annualized basis. Most people would think that's not the case. Oh, but cash is going away. If you're interested in learning more about this and why our particular niche is not really impacted by that you can go to asymcapital.com, I have a webinar on the process, but we have not seen like cashless societies, Venmo, PayPal, these things aren't really applicable to our particular niche because of the requirement for a bank account to be used for all of them, which would most likely be the case for digital currency as well.   Sam Wilson  12:30 Right. Yeah, that's really, really intriguing. And you're right, the demographic that is serving that you're serving by providing ATMs. I mean, I can tell you, I'm involved in a business that, you know, it requires cash for a lot of people to come to the business and they prefer to pay in cash, we've given them all digital options. I mean, you can come you can get digital prepaid card, you can do everything you want to even bring in the cash in then they still prefer to go strictly to the cash sale route. And it's like, this is really bizarre. So yeah, there's a certain demographic you guys are serving there. That's really intriguing. How do you pick your investment thesis based upon? Or is it me, ask this question? Is there any correlation in what you invest in, and what your free market views are? I know, on your show, you talk a lot of free market people, you talk to a lot of really, you know, high level thinkers, and I know where you kind of stand on a lot of this stuff. Those two intersect in any way.   Hunter Thompson  13:17 So definitely, especially when it comes to my views on inflation. So I think that we are going to go towards, you know, continued inflation of asset prices. And it makes you seem like a Perma bowl. But I just feel like someone asked me recently, what's the number one most undervalued asset class in the United States, and I was trying to be kind of cute, and I said, multifamily, and like the whole room just like paused and was just like, what, and kind of not joking like, I think there's a flush of 10s of trillions of dollars of money printed over the last couple of years. I think 40% of all the dollars in the history of United States for printing the last 18 months. And United States real estate, particularly multifamily is one of the most compelling investment products in the world. And you have the combination of the size of the United States, the predictability of outcome and legal system, the way that title works in the United States. There's a slush fund of capital looking for great deals, and growing robust markets like Phoenix and Texas and Florida, etc. Where the supply-demand imbalance, sound fundamentals are producing incredible returns. And it's just getting started. I haven't looked up the number recently, but the number of accredited investors that have any investments in private placements is basically zero. It's almost nothing. Meaning that there are a lot of accredited investors, there's 12 million in the United States, they have assets that are invested in real estate, but they're all REITs. And like, we all know that those are not compelling compared to the deals that you and I have access to correct? Once this becomes democratized, for lack of a better term, meaning people have access to it. I think that there's going to be a flush of interest to the space. I think that all of us kind of get in this echo chamber where it's me and you in bigger pockets and everyone's talking the same language, we think, Oh, it's really competitive. Just wait, just wait. I think interest rates potentially could go negative, as we've talked about before, they currently are negative on a real basis, you know, real interest rates are negative currently. United States is one of the few industrialized countries that has even positive rates. I think United States bonds are far more attractive than something like a Japanese bond, which for the last time I checked was negative, there's no reason this isn't going to continue. Interest rates are going to continue down, asset prices are going to continue up and cap rates. Let's say they're fives. Now, there's no reason they can't be two and a half. Yeah, now, maybe I'm wrong. But what if I'm right, and if I follow that investment thesis, and use appropriate debt to protect my investors, in case I'm not correct, I'm gonna be very happy if I have a lot of money invested in those inflating assets. And if I sit on the sidelines for two years, and I, that correction doesn't happen for two years, I'm going to wish I had been invested that whole time. And by the way, people have been asking about when interest rates are going to rise. Since 2008, since 2000, you know, and look at the last 100 years of interest rates. It's a very interesting picture, if you Google that chart, you'll learn a lot about the world of finance, you have a very pronounced increase in rates in the 70s and 80s. And I feel in the next 40 years or downward trajectory down to the right. And I think with how politicized the Fed has become, there's just nobody is going to come and say, You know what, let's intentionally smash the button and enter into a multi-decade depression by bringing rates up to what we think might be market. There you go.   Sam Wilson  16:40 That's absolutely compelling. I love that you're taking a hard stance there. And I like that because that's, you know, it doesn't leave a lot of ambiguity on the part of the listener. It's like, Hey, this is where we're going. Alright, let's talk about multifamily being undervalued. I mean, what if we do have a recession, right, and then people don't have the spending money? Because I hear this from two different angles. If your tenants can't afford the rent increases, then how do the price, the assets continue to inflate?   Hunter Thompson  17:06 So rather than focus on the potential upside when it comes to recessions, let's talk about the downside. So everybody's investment thesis is different. But if I'm talking about 150-unit apartments in growing and robust markets, I think default rate of Fannie Mae-financed assets in 2008, was 1.5%. These high-quality large 100+, 150+, 200+ assets were not smashed during the recession. Many of them lost asking rents somewhere in the range of like 3%, while the properties themselves decreased in value by 30%. Right? So this is why my answer I always say, debt is so important, because the debt piece is usually the single most important determiner on whether or not investors get their money back. And so if I can account for a debt service coverage ratio that's appropriate and can account for a 2008 level decrease in rental rates, then I can withstand 2008. And if I can withstand 2008, I can withstand anything. That's a very ahistoric kind of moment in history. But it was not a moment created by the fundamentals changing. That moment was created by very unique loan products that hadn't really never been tried before. So let me explain a different way. Phoenix is a market that I'm very bullish on. And when I got into that market, I was initially very hesitant because of the notoriety that we all know of the volatility of that market. We all saw what happened in Phoenix in 2007, and 2008, 2009, for context, there was a time when several counties in Phoenix, excuse me several locations in Phoenix, where 40% of the employment was construction 40%. That's all anyone was doing in like all these neighborhoods. And so when the construction business stops, they'll neighborhoods basically stopped, right. But that whole thing was created by those unique loan products, buying loan people to buy houses that would never qualify otherwise, right. Now, what we have in Phoenix is an insane supply and demand imbalance created by population growth, job growth, income, growth, rent growth, etc, etc, resulting in massive rent growth. So those types of metrics don't just get deleted. If you have 100,000 people moving there a month, those people don't come and go, that's a non-volatile metric. That's the sound fundamental that's going to create some really pronounced results for investors that are willing to buy into that market. So my answer to your question is, when you have those types of tailwinds not based on unique ahistoric loan products, but based on sound fundamentals, the downside is very well protected. Of course, it's important to get appropriate debt, but the supply and demand imbalance validates that thesis from my perspective, at least.   Sam Wilson  19:45 I love that. Let's circle back to the accredited investor conversation where you were saying that less than 1% I think of accredited investors have private placements in their portfolio. I think was that the stat you'd use?   Hunter Thompson  19:55 I actually didn't say the exact number I said it was basically nothing. I believe it's less than 5% But here's the thing, what should the percentage be? 90% accredited? I mean, how many accredited investors, people that have a million dollars of net worth, let's say? I mean, certainly, if they knew what you and I knew, right, they would almost all be interested, right? But they don't. Right. So that's going to change. It's already changing 506(c)s, for example, which previously accounted for about 1% real estate transactions now think like 5x, that number is going to 5x. Again, it's just a matter of time, right? So if you and I are here and well-positioned, man, we can ride this wave. And the only reason I'm kind of speaking like this, is that it's just natural and prudent to constantly be thinking about the downside. But sometimes you get in the habit of doing that to the point where you're gonna cost yourself more gravely than if you were bullish. So if you sat on the sidelines starting in 2017, and said, cap rates can't go any lower, I'm done. I mean, you got to think about what you have done, not only in terms of the potential upside but also in terms of your inflation risks that you're suffering out through being on the sidelines. So there you go.   Sam Wilson  21:07 Suffering from inflation, risk time value of money, I mean, you've lost your opportunity cost has been enormous. One of the things I think that's gonna be really interesting in this space is tokenization. And the blockchain coming to real estate. And I think, to your point, there's all this money on the sidelines that doesn't know how to get to these private placements. And I think as we see the blockchain make its way into the real estate sector. And suddenly, the liquidity or the illiquidity of real estate, suddenly, you know, take turn it on its head now becomes a liquid transaction, where you and I can trade shares and our buddies, you know, multifamily project in Phoenix, you know, with a click of a button, when that starts happening, I think we're gonna see an even further flight of capital into the space. And then I think you're really right, then cap rates are gonna just keep, you're gonna be down to the bond markets right now where I got a brother in law that trades bonds and like, they're like trying to make you know, five pips on a $20 million bond. And it's like, Wait, yeah, banks are spending $20 million to make five basis points for six. What, this doesn't make any sense. But I think the same thing is gonna happen is that compression just because again, the more capital that goes into a particular asset class, the more that the yield gets squeezed. I think that'll be it's another really compelling, I think, argument to that, that this goes, this is just going to continue to go down.   Hunter Thompson  22:22 I agree, let me just put a little bit of my spin on that particular topic. You can be way late and very successful in real estate because of the speed at which the asset class moves. That's why it's so compelling, it works all of the time, you don't have to have the best deal in the world, as long as you're participating. This is why my thesis made sense. Are you guys getting this? Let me say it another way. So I got into the business in 2010 or so. And at the time, all the people I was like, getting to know and learning from were saying, Hey, this is the opportunity of a lifetime. I've been in this business for 40 years back the truck up. And I was thinking back what up, I don't know what I'm doing. You know what I mean? Like I didn't have enough knowledge. So four years later, I was kind of thinking, holy cow, the deals I'm getting now are better than deals I saw in 2010 because my knowledge, my confidence, my network grew faster than the market recovery of the biggest correction in the history of real estate, maybe other than the Great Depression. So what I mean by that, is, while I am so excited about this opportunity in real estate, you can move slow and still win because the point is not the speed at which you move to buy deals, if you buy a bad deal, it's going to really set you back, but participating depending on where you are in your growth curve. If you're just listening to podcast now for the first time, you haven't yet done a deal, perhaps that's what I mean, when I say go all in, go all-in on education, the time is now to do that. It doesn't mean go and get into an illiquid investment. Similarly to the world of the tokenization of real estate. If you think that this is a potential thing that's going to have a lot of legs, I don't want you to have to be the person that actually makes it happen. You can let someone else go and incur that risk, figure it all out for you you can be three years later, you're still going to get tremendous, tremendous upside because this is not the world of innovation. This is the world of copying others that have had success. If you want to go and innovate, think about it like that, the risk of what you'll incur by trying to be the person who tokenizes all the real estate in the world or whatever it is fine, but you better be certain that you're gonna have a potential for like 100x 1,000x type of return while I'm clipping along at 16 a year, and I may catch you if you take a couple of years to figure it out.   Sam Wilson  24:31 That's fantastic. Hunter, I've loved this. This has been great. You've shared a share with us a lot of golden nuggets, kind of your investment thesis how you guys see 2022 shaping out what you guys are doing to protect your downside, but also make sure that hey, you get to participate in the upside wherever this market takes us. So I think this has been an absolutely tremendous episode. Thank you for coming on today. Let's jump here to the final four questions. The first one is this. What is one tool or resource, think software, it's something digital, that you find you can't live without?   Hunter Thompson  24:57 Oh my god. I'm not gonna tell a whole story you've been able so let me go blabbering, blabbering. But I will just say that Calendly, guys, come on, it's $15 a month, I don't want to talk to your assistant, let me click the link and schedule a call.   Sam Wilson  25:10 Amen to that. That's awesome. Question number two for you. If you could help our listeners avoid just one mistake in real estate, what would it be? And how would you avoid it?   Hunter Thompson  25:17 It's always disproportionately focusing on raising money and due diligence and not focusing on debt. Debt is 70% of the capital stack or more. And it almost always accounts for when people lose money, it has to do with debt. So focus on debt. I'll give you a couple of examples. How long is the interest-only period? What's the loan to value? Who is the lender? Have the lender invested and lent on this particular asset class before? Is there other lenders that are similar to them? How knowledgeable is the particular like just going on and on about the particular loan product and who the lender is and how big the lending market is of your asset class can help you tremendously when things actually go wrong.   Sam Wilson  25:54 Man, that's gold. Love that. Question number three for you, when it comes to investing in the world, what's one thing you're doing right now to make the world a better place?   Hunter Thompson  26:02 So I have a pretty robust education branch of our firm, which is kind of head by raised masters. And that's how I give back in a purely capitalistic forum. Definitely not philanthropy. It's not cheap. But the success stories that we've helped create from people that are able to raise money for their deals is so rewarding. That's the thing that's most fulfilling in my life. I love helping people invest. But the SEC says, only got to work with accredited investors. These people are all good no matter what. I really love helping people, you know, quit their job, become a successful entrepreneur, 10x their freedom in their life, through their ability to bring capital the table. And so that's kind of how I do it.   Sam Wilson  26:43 Man. That's fantastic. Yeah, and if you want learn more about that, I think, what's the website for that?    Hunter Thompson  26:47 Raise masters. I would go to raisingcapitalforrealestate.com/never-scramble.   Sam Wilson  26:53 Love it. Absolutely love it. Yeah. And I've been privy to a lot of people who've been through the Raise Masters program. That's pretty cool. So cool. Hunter, if listeners want to get in touch with you or learn more about you, what's the best way to do that?   Hunter Thompson  27:03 Raisingcapitalforrealestate.com for all the capital raisers out there. Those who are aspiring to be and if you're interested in investing passively, it's A-S-Y-M, capital, dot com.   Sam Wilson  27:12 Hunter, thanks so much. Appreciate it.  Hunter Thompson  27:14 You're the man.    Sam Wilson  27:18 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.

On today's episode of The Real Estate Nerds Podcast, our host and real estate attorney Scott Smith sits down with self-storage investor Hunter Thompson. Hunter is here to tell us about a uniquely good deal in one of the unusual asset classes he specializes in--self-storage. In addition to telling us about the deal, Hunter shares some of his overall strategies for success in his niche and real estate investing more generally. Tune in to Episode 36 of The Real Estate Nerds Podcast now to hear the full story.Listen To Episode 36 of The Real Estate Nerds Podcast NowHunter Thompson on Recession-Proofing and Risk ManagementHunter joins Scott Smith to chat a little bit about his background, recession-proofing, and the unusual real estate niches that have allowed him to experience success and financial freedom.[1:00] Hunter Thompson is an investor and the principal at Cash Flow Connections. He specializes primarily in mobile home parks and self-storage, but assists with many asset classes. He began investing in financial assets just before the recession, seeing opportunity when other investors panicked. The failure of the stock market piqued Hunter's interest in real estate. He came to the realization that stocks were not a good vehicle for the type of investing he wanted to do just as the Europeacked. n financial crisis began.[3:35] “Investors have every reason to be concerned about recessions,” Hunter tells Scott when asked about how he recession-proofs his own portfolio. “There are real estate assets that perform well during market corrections. The data is very compelling for mobile homes,” Hunter explains. He reflects on the 2008 correction and believes another correction is approaching. Yet Hunter is optimistic about real estate's ability to weather future market corrections. He believes mobile home and self-storage have particular strengths in these types of wider market issues: “Mobile home parks are a great example of the worse the economy does, the better for the product.” [4:50][5:50] Hunter elaborates on what makes mobile homes and self-storage excellent even in volatile markets and recession: “The most important part of any real estate investment is the debt. It's the majority of the capital stack.” Hunter quickly explains the relationship between debt and capital, and how to avoid problems regarding debt attached to real estate. He points to metrics beyond simply loan-to-value ratios for investors to pay particular attention to, including loan terms.[8:08] Scott points out that Hunter's approach is balanced in terms of risk. Hunter points out the value of asset classes, such as self-storage, that have an increased demand from those who are downsizing in a bear economy. He uses Baby Boomers approaching retirement age as an example. Scott asks where listeners can hear more of Hunter's insights, and he replies that The Cash Flow Podcast is the best way for investors to follow him and his ideas.[11:35]Hunter points out the value of lists in managing time and productivity, challenging listeners to devote thirty days to creating and completing to-do lists to see how their priorities are affected. He touches on the many ways to add value to self-storage units, particularly in comparison to single-family homes.[Tweet="“My worst real estate deal became my best one.”"]Hunter's Self-Storage Win and The Strategy Behind ItThe two investors switch gears, laying the groundwork for Hunter's best deal story..[12:40] Hunter sets the scene for his all-time best deal, beginning with the “10,000 feet view” Scott requests. Hunter was involved in hard money lending in Tennessee. During this time, he observed the risk-adjusting benefits of self-storage and mobile home assets and wondered where he could add value.[14:50] Hunter noted that out-managing and out-competing single-family units was difficult, but that: “With self-storage, there are a tremendous number of ways to add value.”[15:50] Scott observes that Hunter exploited “information gaps” in a case where knowledge converted directly to dollars. Hunter points to the property he is here to discuss today as an example of exactly this concept. The property was a massive 120,000 square foot self-storage unit in Fayetteville North Carolina. He points out that military personnel made excellent tenants, particularly since their deployments tended to be longer than the rental periods for Hunter's units.[17:30] Hunter points out how a relationship with a trucking company, such as UHaul, can add thousands of dollars of monthly equity to a storage facility.[19:15] The lack of mandatory tenant insurance also became an opportunity for Hunter. By filling that “gap” himself, he directly fed his bottom line immensely.[21:00] The two investors discuss that the major value of Hunter's company is through his wide network and many solid relationships. [23:30] Scott points out that Hunter's depth of knowledge, ability to exploit knowledge gaps, and network are things that are very valuable but difficult to build. Scott believes these are critical things to look for in an operator.[25:00] Hunter believes two things have created a “unique opportunity to mess-up:” the real estate market doing well over the last decade and the JOBS Act. He points out that this can create confusion between whether good results come from your own processes or the market correction. Scott highlights that this is an issue of “because of or in spite of.”The Takeaway: Better Thinking Leads to Better InvestingHunter and Scott wrap up the show with the most important take-away our listeners can learn from Hunter's story. They both agree that Hunter's success hinged on his ability to think deeply about the problems and information gaps inherent to his investment and implement the strategies to solve them.[27:00] Scott points out that Hunter's ability to think deeply through his problems. The two investors agree that thinking makes the difference between success and failure in the long run.[29:00] Hunter concludes his story by sharing that he sold the property he bought for $6.4 million for $9.1 a mere three years laters. While this deal had many good things going for it, Hunter explains: “The true key to why this was a great deal is the lack of capital expenditure risk.” Simply implementing better strategies led to success in Hunter's case.

Josh Satin is the Director of Acquisitions at Gelt, Inc.  He is an experienced multifamily and mobile home investor involved in the acquisition of over 3300 units valued at over $300 million.  He is a former Major League Baseball player for the NY Mets and Cincinnati Reds and started his investing journey while still playing baseball by working with a mentor who exposed him to passive syndication investing.  In this episode, Josh talks about the importance of an experienced sponsor, understanding the expenses and knowing the story behind the markets you invest in.Josh talks about looking at various different industries and jobs after he retired from baseball and how he kept looking until he found his passion in multifamily investing. He mentions that he had a trusted mentor that helped him begin in the business and helped develop his interest in real estate while he was still playing baseball.Josh discusses how location is essential when selecting investments, but it's more than just job and wage growth. The investor needs to look at the story as to why that location is experiencing growth and understand how sustainable and widespread those growth metrics are. He talks about using a rent-controlled market as a positive as it keeps competitors away and you can find success if you understand and work within the regulations in the market.Josh talks about the importance of finding the right sponsor and how critical that is to the success of the passive investor. He mentions how important it is to understand the proforma expenses that sponsors use for their financial projections. He also cautions that many sponsors underestimate the costs to operate the property which can lead to real problems if rent growth comes in under expectations.Podcast Josh recommends:Cash Flow Connections with Hunter ThompsonJomboy MediaTo connect with Josh, go to josh@geltinc.om or go to www.geltinc.com.If you would like to contact Jim Pfeifer, you can email him at jim@leftfieldinvestors.com or if you would like to find out more about Left Field Investors go to www.leftfieldinvestors.com.Our sponsor, Tribevest provides the easiest way to form, fund, and manage your Investor Tribe with people you know like, and trust.  Tribevest is the Investor Tribe management platform of choice for Jim Pfeifer and the Left Field Investor's Community.   Tribevest is a strategic partner and sponsor of Passive Investing from Left Field.