Podcast appearances and mentions of charles seaman

In this episode of The Property Profits Podcast, host Dave Dubeau welcomes Charles Seaman, a seasoned multifamily syndicator and host of the MPI Multifamily Podcast. Charles dives into the current market dynamics and why he's eyeing smaller multifamily and single-family portfolios, even after years in large-scale multifamily syndication. From controlling risk through longer hold periods to navigating the syndication model's pitfalls, Charles shares practical strategies real estate investors can use today. He also reveals unique opportunities available through direct-from-builder purchases and the power of adapting your investment strategy to the market's mood. Whether you're an experienced syndicator or a passive investor, Charles' insights into underwriting, asset management, and the value of flexibility will give you a fresh perspective. In this episode, you'll learn: Why Charles is pivoting toward smaller and single-family properties How builders are offering 100% financing on new homes The hidden risks of short-term syndication holds Why some investors are returning to paying off mortgages The importance of adapting your strategy based on the market cycle     - Get Interviewed on the Show! - ================================== Are you a real estate investor with some 'tales from the trenches' you'd like to share with our audience? Want to get great exposure and be seen as a bonafide real estate pro by your friends? Would you like to inspire other people to take action with real estate investing? Then we'd love to interview you! Find out more and pick the date here: http://daveinterviewsyou.com/

#305 Want to know how to buy million-dollar apartment buildings using other people's money? In this episode, host Brien Gearin sits down with multifamily syndication expert Charles Seaman, host of the Master Passive Income podcast. Charles shares his journey from being a bank teller to becoming a successful syndicator, raising capital for multi-million dollar real estate deals. He breaks down how multifamily syndication works, the risks involved, and how to structure deals to maximize returns. If you've ever wondered how to pool investor capital to buy large apartment complexes, this episode is packed with insights and actionable advice. Tune in to hear Charles' tips on building investor trust, navigating market challenges, and scaling your syndication business! What we discuss with Charles: + How Charles got started in syndication + Why track record matters to investors + What multifamily syndication is and how it works + Finding the right partners and capital + Structuring deals and managing investor expectations + Risks involved in multifamily syndication + How to know when to sell a property + Differences between property and asset management + Tips for getting started in syndication + Importance of building a strong network Thank you, Charles! Check out more of Charles's resources. Call Charles at 347-306-3278. Email Charles at cseaman@masterpassiveincome.com. Watch the video podcast of this episode! And follow us on: Instagram Facebook Tik Tok Youtube Twitter To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors. Want to hear from more incredible entrepreneurs? Check out all of our interviews here! Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of the Successfully Unemployed Show, host Roger Wesley interviews Charles Seaman, a managing partner at Cashflow Champs. Charles shares his unique journey into commercial real estate, discussing the importance of relationships, the differences between active and passive investing, and the impact of the COVID-19 pandemic on the market. He emphasizes the need for self-assessment when entering the field and provides insights into finding deals and building confidence through experience. The conversation also touches on market trends and future opportunities in commercial real estate.Get the FREE Real Estate Investing Course: https://masterpassiveincome.com/freecoursesuYoutube: https://successfullyunemployed.co/youtube// WHAT TO WATCH NEXTStart a Podcast: https://youtu.be/YdKKwSSOnJAMake Money Online: https://youtu.be/WDkRHg3uxR0Flea Market Flipper: https://youtu.be/MYEoeQPT-5E//BEST BUSINESS COURSES I RECOMMENDStart an Online Business: https://successfullyunemployed.co/p24Start a podcast: https://successfullyunemployed.co/podcourseMake money on Etsy: https://successfullyunemployed.co/goldcityCreate a Facebook Ads Agency: https://successfullyunemployed.co/laptopempiresMake $ from nothing as a Flea Market Flipper: https://successfullyunemployed.co/fleamarketflipperLearn how to invest in land: https://successfullyunemployed.co/retipsterLearn more about Dustin and find resources to build an automatic real estate investing business:https://masterpassiveincome.com/NOTE: This description may contains affiliate links to products we enjoy using ourselves. Should you choose to use these links, this channel may earn affiliate commissions at no additional cost to you. We appreciate your support!

ABOUT CHARLES SEAMANHe resides in Charlotte, NC and serves as a Managing Partner of Cash Flow Champs.  He's responsible for building and maintaining broker relationships and performing and overseeing the company's underwriting activities.  He's also involved with contract negotiation and capital raising to make sure that the deals close, remaining involved after closing to manage the assets so that they perform in a manner that provides investors with exceptional returns.  He's currently a general partner in five (5) multifamily properties totaling 663 units, having gone full cycle on six (6) multifamily properties.  He's also a Multifamily Coach with Master Passive Income and is a co-host of the Charlotte REWBCLUB and the MPI Multifamily podcast.    THIS TOPIC IN A NUTSHELL: Charles's career and journey to real estateInvesting in single-family homes and wholesalingGetting into the Syndication spaceWhat's the difference between Single Family vs Commercial RE?Building relationships with brokersDealing with partners/sponsorsAbout the 64-unit deal in Charlotte Price, metrics, and Value Add PlanSection 8 tenants and rent collection How they deal with promise-to-pay tenantsWhat was the projected hold time for this asset?Average Annual Return Challenges in the dealProjecting expense ratios in your marketHow to know that an onsite manager makes sense Connect with Charles   KEY QUOTE: “The fundamental difference between single-family homes and commercial real estate is that SFH tends to be transactional, whereas commercial is more relationship-based. “      ABOUT THE WESTSIDE INVESTORS NETWORK   The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.     The Westside Investors Network strives to bring knowledge and education to real estate professionals that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.    #RealEstateInvesting #RealEstate #AparmentInvesting  #AssetManagement #MultifamilyInvestment #CommercialRealEstate #CashFlow #MultifamilyCoach #PropertyManagement #SingleFamilyHomes #Transactional #RelationshipBased #MultifamilySyndication #Brokers #NegotiationSkills #Charlotte #NorthCarolina #Underwriting #Section8Tenants #Landlords #Tenants #BrokerRelationships #BuildingRelationships #InvestmentReturns #AverageAnnualReturn #ExpenseRatio #CashFlowChamps #MasterPassiveIncome #RentalProperty #PassiveWealth #JoinTheWINpod #WestsideInvestorsNetwork  CONNECT WITH CHARLES:Website: https://linktr.ee/charles_seaman LinkedIn: https://www.linkedin.com/in/charles-seaman1    CONNECT WITH US   For more information about investing with AJ and Chris:  ·    Uptown Syndication | https://www.uptownsyndication.com/  ·    LinkedIn | https://www.linkedin.com/company/71673294/admin/   For information on Portland Property Management:  ·    Uptown Properties | http://www.uptownpm.com  ·    Youtube | @UptownProperties     Westside Investors Network  ·    Website | https://www.westsideinvestorsnetwork.com/  ·    Twitter | https://twitter.com/WIN_pdx  ·    Instagram | @westsideinvestorsnetwork  ·    LinkedIn | https://www.linkedin.com/groups/13949165/  ·    Facebook | @WestsideInvestorsNetwork  ·    Tiktok| @WestsideInvestorsNetwork  ·    Youtube | @WestsideInvestorsNetwork  

Whitney Elkins-Hutten of PassiveInvesting.com interviews Charles Seaman about the acquisition of the 160-unit Archway Apartments in Riverdale, GA. In this episode, Charles shares insights into the multifamily property market and his experience securing this $13.4 million deal. From navigating due diligence to financing strategies, Charles highlights key factors that helped close the deal in a competitive market. Tune in to learn more about multifamily investments and how to succeed in complex real estate transactions.

This is how you invest in multifamily apartment complexes successfully. You can use this for any commercial real estate.Get the real estate investing course free: https://masterpassiveincome.com/freecourseJoin us at the REWBCON Multi-Family! Get 20% off your pass. Use promo code: MPIPODCASThttps://rewbcon.comFollow Dustin Heiner on Instagram: https://instagram.com/thedustinheinerGet actionable coaching to give you success https://masterpassiveincome.com/coachingCheck out all the other MPI Podcast Network Shows: https://masterpassiveincome.com/network//BEST REAL ESTATE INVESTING RESOURCE LINKSStart your LLC for only $29! https://masterpassiveincome.com/formanllcGreat High Interest Savings Account: https://masterpassiveincome.com/citGet your business bank account here: https://masterpassiveincome.com/baselaneGet your business credit card with 2% Cash Back with NO FEE! https://masterpassiveincome.com/amexLearn more about Zach and Dustin and find resources to build an automatic real estate investing business: https://masterpassiveincome.com/NOTE: This description may contains affiliate links to products we enjoy using ourselves. Should you choose to use these links, this channel may earn affiliate commissions at no additional cost to you. We appreciate your support!

Charles Seaman resides in Charlotte, NC and serves as a Managing Partner of Cash Flow Champs.  He's responsible for building and maintaining broker relationships and performing and overseeing the company's underwriting activities.  He's also involved with contract negotiation and capital raising to make sure that the deals close, remaining involved after closing to manage the assets so that they perform in a manner that provides investors with exceptional returns.  He's currently a general partner in seven (7) multifamily properties totaling 775 units, having gone full cycle on four (4) multifamily properties. He has 14 years of prior experience working for a commercial real estate investor in NYC.  During this time, he assisted the investor with acquiring deals, obtaining financing for them, and managing and leasing them after the deals were closed.  While there, he also assisted the investor with the management of numerous other businesses that he owned, including a plumbing company and several bars and restaurants.  During his spare time, he also actively traded stocks from 2009 to 2014.   In this episode, we talked to Charles about Cash Flow Champs, their investments, his insights on balancing cash flow, adjusting strategies accordingly with a rapid change in economic trends, the vision for Cash Flow Champs, team building, and much more.   Announcement: Become a member of the Apartment Investing Mastermind here.   Scaling a Portfolio;   02:22 Charles' background; 04:41 An insight into Cash Flow Champs; 05:12 What they invest into today; 10:07 An insight into balancing cash flow; 11:27 Adjusting strategies in accordance to the shift in economic trends; 21:19 The vision for Cash Flow Champs; 23:40 An insight into team building; 29:33 Round of Insights   Announcement: Don't miss the Best Ever Conference this year on April 10th to 12th. Use my code CASMON15 for 15% off!   Round of Insights   Apparent Failure: Not finding the correct people to partner up with, and lack of proper due diligence in one of the past deals. Digital Resource: BiggerPockets. Most Recommended Book: How to Win Friends & Influence People. Daily Habit: Following an already-built routine. #1 Insight for scaling a multifamily portfolio: Building as many relationships as possible, as soon as possible. Best Place to Grab a Bite in Brooklyn, NY: L&B Spumoni Gardens.   Contact Charles: https://cashflowchamps.com/  Charles' Media Channels   Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.

Welcome to the RE Social Podcast, your source for real estate investing tips! Join us as we welcome Charles Seaman, a Syndication Expert and Managing Partner at Cash Flow Champs. Charles shares his insights on the importance of building the right connections, from nurturing investor leads to finding the right partners, and how this can be the key to your success. With a background in finance and a passion for real estate, Charles has spent years honing his skills in the syndication space. He has worked with a variety of investors and partners and has learned firsthand the importance of building strong relationships in the industry. Charles also shares more valuable insights on the pivotal roles of mentorship and coaching while providing practical tips for generating more leads. So tune in today and start building those valuable connections! Key Takeaways 00:00:00Who is Charles Seaman 00:01:55How he started in real estate 00:07:15Pros and Cons of C-class Properties 00:09:19Acquisition vs. Asset Management 00:10:19Relationships in the operation 00:12:31ClickUp for efficient workflow 00:16:11Risks and Rewards of Investing 00:18:35How to boost NOI 00:20:36Why he moved to North Carolina 00:23:34Syndication vs. Smaller Properties 00:25:43Charles' first deal experience 00:30:03Lessons learned on the first deal 00:33:35Having 2500 units as a team 00:36:13How to generate more leads 00:39:45Short and long-term goals 00:42:59Which role do you belong 00:45:10Partnering with similar values 00:50:23Why you need to believe in yourself 00:53:00Networking at conferences 00:54:29Saturday Syndication Deals 00:59:34The Value of Mentorship 01:03:30One book that changed his life 01:06:39What to do in this market condition 01:11:04Interest Rates in the Market 01:12:05Where to contact Charles Resources and Links Cash Flow Champs https://cashflowchamps.com/ ClickUp https://clickup.com/ BiggerPockets https://www.biggerpockets.com/podcasts RE Mentor https://rementor.com/homepage/education.php "How to Win Friends and Influence People" by Dale Carnegie https://www.amazon.com/How-Win-Friends-Influence-People/dp/1982171456 Connect with Charles: https://www.linkedin.com/in/charles-seaman-90b9b932/ https://www.instagram.com/cseaman316/ https://web.facebook.com/profile.php?id=100085784437775&_rdc=1&_rdr https://cashflowchamps.com/ https://linktr.ee/charles_seaman Learn more about AnVi Invest

Charles Seaman & Karan Shah discuss what things to look for in a partner, advise on changing perspective, and give examples of being able to tell investors why they should be investing in multifamily. Interested in learning from me? Visit https://www.thetribeoftitans.info/coachingJoin our multifamily investing community for FREE for in-depth courses and live networking with like-minded apartment investors at the Tribe of TitansLink to subscribe to YouTube channel: https://tinyurl.com/SubYouTubeDiaryPodcastApple Podcasts: https://tinyurl.com/AppleDiaryPodcast Spotify: https://tinyurl.com/SpotDiaryPodcast Google Podcasts: https://tinyurl.com/GoogleDiaryPodcast Follow us on:Facebook: https://www.facebook.com/DiaryAptInv/ Twitter: https://twitter.com/Diary_Apt_Inv Instagram: https://www.instagram.com/diary_of_an_apartment_investor This episode originally aired on April 28, 2023----Your host, Brian Briscoe, has been a general partner in 1000+ units worth over $100 million and has been lead sponsor, asset manager, capital raiser, and key principal on these properties. He has developed a multifamily education community called the Tribe of Titans that helps aspiring investors learn the game, network with other like-minded professionals, and get their apartment investing business to the next level. He is founder of Streamline Capital Group, which will continue to acquire multifamily assets well into the future. He retired as a Lieutenant Colonel in the United States Marine Corps in 2021.Connect with him on  LinkedIn----Charles SeamanHe resides in Charlotte, NC and serves as a Managing Partner of Cash Flow Champs. He's responsible for building and maintaining broker relationships and performing and overseeing the company's underwriting activities. He's also involved with contract negotiation and capital raising to make sure that the deals close, remaining involved after closing to manage the assets so that they perform in a manner that provides investors with exceptional returns. He's currently a general partner in eight (8) multifamily properties totaling 691 units, having went full cycle on one (1) 92-unit multifamily property. He has 14 years of prior experience working for a commercial real estate investor in NYC. During this time, he assisted the investor with acquiring deals, obtaining financing for them, and managing and leasing them after the deals were closed.Learn more about him at: https://linktr.ee/charles_seaman----Karan ShahKaran and his wife are both immigrants from India who have worked hard to make a difference in their adopted country. They are passionate about giving back to their community and helping others achieve success through real estate investing. In his free time, Karan enjoys outdoor activities like swimming and kayaking with his family. You can follow him on Instagram at @freedombyrentals to stay updated on his latest real estate ventures.Learn more about him at: https://www.instagram.com/freedombyrentals/

What are you doing next Saturday? Getting better at underwriting I hope.Meet Charles Seaman - the multifamily real estate expert who can review opportunities like no one else. Best of all, he does it for free - Yes, every Saturday for free. He shares his expertise through  weekly underwriting sessions, helping people achieve generational wealth through real estate investing. As Managing Partner of Cash Flow Champs, Charles coaches busy professionals to build and maintain wealth through real estate investing.Take advantage of this opportunity to learn from one of the industry's top experts. Tune in and discover how Charles Seaman can help you succeed.Contact Info:Charles' Profilelinkedin.com/in/charles-seaman-90b9b932Websitecashflowchamps.com/ (Company)Phone(347) 306-3278 (Mobile)Emailcharles@cashflowchamps.comLive free. Get Educated. Master Your Money. Subscribe to our Podcast here! https://investingstuffyoushouldknow.buzzsprout.comYoutube Videos now up as well! Subscribe here:https://www.youtube.com/channel/UC1kV60Yxx4ntgLqAwOCR1Pg

In this episode of the Strategic Multifamily Investing Podcast, I talk with Charles Seaman about the Real Cost of Getting Started in Multifamily. He resides in Charlotte, NC and serves as a Managing Partner of Cash Flow Champs. He's responsible for building and maintaining broker relationships and performing and overseeing the company's underwriting activities. He's also involved with contract negotiation and capital raising to make sure that the deals close, remaining involved after closing to manage the assets so that they perform in a manner that provides investors with exceptional returns. He's currently a general partner in eight (8) multifamily properties totaling 691 units, having went full cycle on one (1) 92-unit multifamily property. He has 14 years of prior experience working for a commercial real estate investor in NYC. During this time, he assisted the investor with acquiring deals, obtaining financing for them, and managing and leasing them after the deals were closed. While there, he also assisted the investor with the management of numerous other businesses that he owned, including a plumbing company and several bars and restaurants. During his spare time, he also actively traded stocks from 2009 to 2014. Name: Charles Seaman Phone: (347) 306-3278 Email: charles@cashflowchamps.com Website: www.cashflowchamps.com BiggerPockets: https://www.biggerpockets.com/users/CharlesS111 Facebook: https://www.facebook.com/profile.php?id=100085784437775 Facebook Group: https://www.facebook.com/groups/cashflowchampsinvestorclub LinkedIn: https://www.linkedin.com/in/charles-seaman-90b9b932/ === Podcast: http://anchor.fm/smip Website: http://www.RedBootLLC.com. Email: marketing@redbootllc.com LinkedIn: https://www.linkedin.com/company/red-boot-llc #multifamily, #apartment, #investing, how-to, red, boot, residential, commercial, north carolina, nc, multifamily real estate investing 2020, real estate investing for beginners podcast, Strategic Multifamily Investing Podcast, Jonathan Mickles --- Send in a voice message: https://anchor.fm/smip/message

The Investor Relations Real Estate Podcast Episode 122  - The Importance Of BUYING RIGHT As We Encounter Changing Market ConditionsHost: Jonny Cattani Guest: Charles SeamanProducer: April MunsonJonny Cattani is joined by Charles Seaman to discuss:The importance of building relationships and how different relationships are needed for you to grow your business and the importance of buying right as we encounter changing market conditionsHe is a native of Brooklyn, NY that currently resides in Charlotte, NC and serves as SeniorAcquisition Manager and Asset Manager of Three Oaks Management LLC, in which he actively works to locate high-performing multifamily real estate deals throughout the Southeast region of the United States. He's responsible for performing all of the company's initial underwriting and analysis of these deals, which ultimately determines whether or not the deal will be a good fit for the company. He's also involved with contract negotiation and capital raising to make sure that the deals close, remaining involved after closing to manage the assets so that they perform in a manner that provides investors with exceptional returns.  Liked material referenced during the show:  Book: How To Win Friends and Influence People - Dale Carnegie https://www.amazon.com/How-Win-Friends-Influence-People/dp/B09KT5CRL6/ref=sr_1_2?keywords=how+to+win+friends+and+influence+people&qid=1663550133&s=audible&sr=1-2  Connect with Charles!Phone: (347) 306-3278Email: charles@investorboardroom.comWebsite: www.investorboardroom.comBiggerPockets: https://www.biggerpockets.com/users/CharlesS111LinkedIn: https://www.linkedin.com/in/charles-seaman-90b9b932/  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/Cattani Capital Group Instagram: https://www.instagram.com/cattanicapitalgroup/TikTok:https://www.tiktok.com/@jonnycattani?lang=enYouTube: https://www.youtube.com/channel/UCljEz4pq_paQ9keABhJzt0AFacebook: https://www.facebook.com/jonathan.cattani.1

Listen to this episode with seasoned multifamily real estate investor Charles Seaman to discover how to put your business in a position to scale. Don't miss out, as he offers his investing experiences and actionable tips to help you start investing with confidence and develop generational wealth.WHAT YOU'LL LEARN FROM THIS EPISODE The value of learning from a real estate expertFactors that affect your business growthHow to shift your mindset towards successOrganic ways to capital raising and close your first dealPowerful advice for novice real estate investorsRESOURCE/LINK MENTIONEDNeuro-Linguistic Programming https://www.goodtherapy.org/learn-about-therapy/types/neuro-linguistic-programmingABOUT CHARLES SEAMANCharles resides in Charlotte, NC, and serves as a Managing Partner for Cash Flow Champs. He is responsible for building and maintaining broker relationships and performing and overseeing the company's underwriting activities. He's also involved with contract negotiation and capital raising to make sure that the deals close, remaining involved after closing to manage the assets so that they perform in a manner that provides investors with exceptional returns. He's currently a general partner in eight multifamily properties totaling 691 units, having gone full cycle on one 92-unit multifamily property where he helped investors achieve an average annual return of 19%.CONNECT WITH CHARLESWebsite: Cash Flow Champs https://cashflowchamps.com/LinkedIn: Charles Seaman https://www.linkedin.com/in/charles-seaman/ CONNECT WITH USGreen Light Equity Group - http://www.investwithgreenlight.com/For a list of Virtual Meetups - Email: tate@glequitygroup.com | chelsea@glequitygroup.com Special Announcement! Tate's brand-new audiobook "F.I.R.E.-Financial Independence Retire Early Through Apartment Investing" is downloadable! Go to: Green Light Equity Group: http://www.investwithgreenlight.com/.Do you have difficulty underwriting deals? Never worry about getting your numbers wrong with Real Estate Lab, a cloud-based platform for investors. Sign up at https://www.realestatelab.com/ using the promo code TAG2 to get 10% off your first 12 months. Automate your acquisitions and underwriting like a boss now!

One major hurdle when you are just starting your multifamily syndication business is closing your first deal. In this #Highlights episode, we feature our conversations again with Charles Seaman of Three Oaks Management and Rodney Thompson of Solaris Capital Management. The two share with us the path they had to take to seal their first real estate deal.Charles takes us step-by-step through this process giving valuable tips and insights on everything from value-add, rate of return, hold period, and deal structure. Meanwhile, Rodney discusses changing his schedule to make time to work on his syndication business, getting his family members on the same page, and gaining confidence, as well as asking the right questions and talking to investors. Tune in now and kick start your multifamily syndication journey today!

I chat with Charles Seaman from Investor Boardroom in today's episode.Charles Seaman is an experienced multifamily real estate syndicator and developer who has been involved in the acquisition, rehabilitation, and resale of high-quality apartment properties for over twenty years. He has been investing in real estate since 2015, starting out by wholesaling single-family properties as an investment vehicle for his retirement.Episode Spotlights-Be ready to adapt to the market-On-market & off-market deals- How issues with property affect lending and how to mitigate them- Effect of supply-demand disparity in multifamily space Check out previous episodes with Charles here-1. How Charles Seaman underwrites during and Post - COVID - https://www.buzzsprout.com/1187780/episodes/49409782. Deep dive into 48 units - Sumter, SC with Charles Seaman - https://www.buzzsprout.com/1187780/episodes/818356Connect with Charles:Email: charles@investorboardroom.com Phone: 347 306 3278Grab your freebie - Tips for Multifamily Investing at www.ushacapital.comFound this episode insightful? Show us some love by spreading the word on social media or  rating and reviewing the show here - https://podcasts.apple.com/us/podcast/multifamily-ap360/id1522097213Follow Rama on socials!LinkedIn | Meta | Twitter | InstagramConnect to Rama KrishnaE-mail: info@ushacapital.comWebsite: www.ushacapital.com 

Ernest has more than 12 years of experience as a management consultant providing technology and business consulting to Fortune 500 companies. His project/program management, business development executive background, an entrepreneurial mindset, provided him with opportunities to merge his enthusiasm to work in the technology sector and real estate as a broker and investor in residential and commercial RE since 2010. In this episode, Ernest Peralta discusses his journey from corporate consultant to successful real estate investor. He advises listeners to seek out mentors and learn as much as possible about the industry before jumping in, and to focus on specific asset classes during turbulent times.   Highlights:   [00:00 - 05:35] How to Scale Your Business in 6 Months or Less   Ernest Peralta started 12 years ago and has experience in management consulting and real estate. Took the route of consulting after he graduated with his undergraduate degree He networked with people in the industry and took courses to learn more about the business Right before the pandemic hits, Ernest educated himself about real estate and did some research. He considers Covid as a time of education and Post-Covid as implementation.   [05:35 - 10:50] How to Scale Your Business and Attract Investors with Strategy   Ernest uses programs such as Microsoft Office to create a project plan outlining steps to scale within six months to a year and where they could be to where they are today. He also recommends reaching out to potential investors through mailers, conference calls, and mastermind groups. Ernest shares that bad advice often includes telling people to find their passion.   [10:51 - 16:00] Follow Your Passion But Work on Your Daily Plan   One of the main things Ernest recommends is to not only follow your passion, but also to work on your daily plan and action plan. Ernest has found that the current market is challenging, but he is still optimistic about the future. One of the biggest challenges Ernest faces is finding investors who are willing to pay a high price for his properties." Tweetable Quotes “I would say it would be better advice to not only follow your passion, but work on your daily plan, work on those things that you don't want to do on a daily basis, because those are things that you actually need to do in order for you to accomplish your goals.” - Ernest Peralta   ----------------------------------------------------------------------------- Connect with Eric Peralta on LinkedIn or visit their website at mvpequitygroup.com You email him through  ernest@mvpequitygroup.com Connect with me:   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: [00:00:00] Ernest Peralta: How can I scale within six months to a year? And where could I be to where I am today. So, you know, the first thing that I wanted to do was really understand the business. [00:00:08] Ernest Peralta: So I always go back to COVID because to me that was my learning year. And then the following year after that was my implementation year. So the first year was all educational for me, just really trying to understand, put together a plan of how can I learn as much as I can about the industry. [00:00:24] Ernest Peralta: But aside from learning, a lot of it is trying to, to implement can learn as much as you can, but if you don't implement, you're never really gonna pursue or grow.  [00:00:45] Sam Wilson:  [00:00:45] Sam Wilson: Ernest Peralta has combined his passion for multifamily investment management, consulting and personal development with his personal philosophy of goal setting, envisioning and manifesting success to help people who wanna live their best life. Ernest, welcome to the show.  [00:00:58] Ernest Peralta: Thanks a lot, Sam, thank you for having me. [00:01:00] Sam Wilson: Hey man. The pleasure's mine. There's three questions. I ask every guest who comes to the show. Can you tell us in 90 seconds or less, where did you start? Where are you now? And how did you get there? Yeah,  [00:01:08] Ernest Peralta: absolutely. So I started about 12 years ago. My background entails management consulting, but my family had a small portfolio of residential real estate. [00:01:18] Ernest Peralta: And so that's kind of how I got my start was kind of through my family. And over the years I basically had always had real estate in the back of my mind, but I took the route of consulting cause I had finished my undergraduate degree. My master's degree kind of did the whole educational thing worked in corporate arena for, several years long and long story short is that I ended up stumbling into commercial real estate right before COVID and tried to find out what asset classes or what areas could actually help me sustain if anything was to come again like this to impact me and my family in the future. [00:01:51] Ernest Peralta: And I came across commercial real estate. Man that's and that's  [00:01:54] Ernest Peralta: where I am today. Tell me real quick. I mean, the term corporate consultant for somebody that has no experience in the corporate world doesn't mean much to me.  [00:02:01] Sam Wilson: Can you break that down for us.  [00:02:02] Ernest Peralta: Absolutely. Yeah. It's always a confusing thing. [00:02:04] Ernest Peralta: When you say corporate consulting or management consulting, it's like, what is that? Right? So what it is basically is I provide advisory services, whether it's project program management for fortune 500 companies. So you name the big retailers I've consulted for, companies like, and I'll say this here, like Microsoft AT&T , Costco. [00:02:24] Ernest Peralta: Bill Melinda gates foundation, all of their companies, basically I come in and I provide strategic type of guidance, whether it is pushing an initiative, a business initiative that they have a new application or a software. Sometimes it could be data privacy or security type of issues. These are things that I help them. [00:02:40] Ernest Peralta: Either document work with a team. It's usually a global team that I work with and we have timelines and processes that I typically kind of project manage until delivery of, these products and service. Is  [00:02:51] Sam Wilson: that something you're still involved in today or have you switched completely to commercial real estate? [00:02:55] Ernest Peralta: I did. Yeah. I actually had switched over about a year now. Okay. And so I ended up making that switch over. I spent about a good 16 plus years in that arena and I decided like, I mentioned earlier before jumping on COVID actually had impacted me. So this is where that pivotal moment for me actually happened is when I decided to look back into commercial real estate since I had done, residential real estate many years ago. And so that was my pivotal moment. And this is where my focus is right now.  [00:03:26] Sam Wilson: What was your strategy? jumping into commercial real estate just before, COVID probably had to be a little bit unnerving, but what was your strategy? [00:03:34] Sam Wilson: Once you said, okay, I'm stepping out of corporate consulting role. what did you do to get involved in commercial real estate?  [00:03:40] Ernest Peralta: Absolutely. Yeah. Great question, Sam. I think for me, one of the, one of the things that I always like to do is I like to strategize like, okay, I don't know too much about commercial real estate. [00:03:50] Ernest Peralta: Where do I start? So the first thing I ended up doing was trying to find individuals out there that actually could help me as a mentor or maybe I could take courses. So I did a lot of, research online and I came across a couple of individuals, like the Michael Blank of the world, the Peter Harris' and Dylan Borland, those individuals were folks that I had actually looked at research prior to me jumping on board and, really dedicating myself into commercial real estate. So that was number one, was trying to find experts in the industry. Secondly, I networked with people at that time, a lot of zoom calls. [00:04:23] Ernest Peralta: So a lot of interactivity, in, in, in the social media realm, if you will. So I did a lot of. Connections through LinkedIn social media with individuals that already had experience in commercial real estate. Now at the time I was really trying to focus on, okay, what aspect of commercial real estate do I wanna focus in? [00:04:40] Ernest Peralta: Cuz there are various different asset classes I realized at the time that, multifamily mobile homes, as well as, different types of retail could potentially be lucrative. In times of turbulent recessions, if you will, that happen in our economy. So I ended up just focusing on multi-family for the fact that it was kind of a segue for my family and I, when we had owned a couple of duplexes in the past. [00:05:03] Ernest Peralta: So for me, that was kind of a no brainer to kind of step into that arena that had became my focus, going forward. So kind of to where we are today, I ended up just really networking very well with individuals that are in the industry, tried to learn what it was to be like as a limited partner. [00:05:20] Ernest Peralta: What is a cog, what is a GP? And also, how do you equity raise? All those things kind of came into play for me to really understand, okay, what aspect of this business do I want to focus in? And how do I get involved? So that was basically my start.  [00:05:36] Sam Wilson: I love it. I bet. From the corporate consulting side, you did a lot of strategy in planning. [00:05:42] Sam Wilson: So what did you do? Find the experts network on social media. Did you lay out like a 10 step plan and said, okay, I'm gonna do this first and I'm gonna do this. And here's how I'm gonna raise equity. What did that blueprint look like if you had one and I'm sure you probably did.  [00:05:56] Sam Wilson: I did. [00:05:56] Ernest Peralta: Yeah. I created an Excel file. Basically. I used a Microsoft Excel document or basically it was Microsoft. And I pulled up my document, created a project plan, if you will. Basically, it was my steps to, how can I scale within six months to a year? And where could I be to where I am today. So, you know, the first thing that I wanted to do was really understand the business. [00:06:17] Ernest Peralta: So I like to use, I always go back to COVID because to me that was my learning year. And then the following year after that was my implementation year. So the first year was all educational for me, just really trying to understand, put together a plan of how can I learn as much as I can about the industry. [00:06:35] Ernest Peralta: But aside from learning, a lot of it is trying to, to implement you can learn as much as you can, but if you don't implement, you're never really gonna pursue or grow. So, about four months into it, after I put my plan together, my whole intent was to have a 90 day plan. And so, that's kind of what I got. [00:06:52] Ernest Peralta: It was kind of the theme after, a networking with various folks that within 90 days, I should definitely try to, know, go out there and start making some deals. So that's what I ended up doing. So one of my plans of action was learn as much as I could. And then also start reaching out to potential investors, whether it was, through mailers just cold calling and really trying to get exposure in that sense. [00:07:12] Ernest Peralta: So that was basically my first 90 days to, I would say, four to five months of just doing that and then also trying to make offers. So I would get on these conference calls. Or mastermind group calls with my group and basically talk about these different scenarios and go through different ways of how we're approaching it. [00:07:32] Ernest Peralta: If we did get a deal, how would we evaluate and analyze it? So it, there was a lot of brainstorming and just working with individuals that  I team with to really understand the business, as much as I could. One thing that I'd like to say is that there is a really good underwriting course that, that I actually, well, it's more of a conference call, but it's a, an underwriting conference call that I attended on a weekly basis for almost a couple of months. [00:07:58] Ernest Peralta: And this gentleman, I can name him here in a little bit, but he is. Exceptional. And I would say that he was the foundation of me actually, really trying to understand the underwriting process and everything, for multifamily.  [00:08:12] Sam Wilson: That is really I love the multi step, approach. [00:08:15] Sam Wilson: Hey, we're gonna line this out and then we're gonna go do it, I guess. You've brought up a few questions I have along the way. I mean, you talked about mastermind group calls. I mean, that's something that a lot of people like the idea of, but even just selecting a mastermind can take an enormous amount of time and going, gosh, especially if you're new to the industry, it's like, there's How many, a thousand masterminds you could possibly pick from there is, a thousand ways you can reach out to investors, I guess. [00:08:37] Sam Wilson: How did, I mean, it sounds like you, you broke this down on a very granular level. Like how did you even go about selecting? Let's just start there with your mastermind.  [00:08:44] Ernest Peralta: Yeah. Well, a lot of it was. Mainly geographic. I looked at folks that were geographically located to where, or an area that I wanted to invest in. [00:08:53] Ernest Peralta: For me, one of the lucrative areas outside of the state of Washington is kind of the Southwest, if you will, and the Midwest. So I tried to find mastermind groups that kind of focused in those areas and, just through social interaction, just meaning them online. That's how I developed, a lot of the relationships. [00:09:08] Ernest Peralta: So a lot of it also was based on building relationships folks that I just connected with right away. I think that's very key. And just developing that trust factor, when you invest in real estate, you just wanna make sure that you align yourself with the right people. The people that probably have done at least a few deals under their belt. [00:09:24] Ernest Peralta: So they've got a track record that is good at the same time. You wanna be able to, be able to. Talk to these individuals and to just be open with them. So I think having that connection and that connectivity, as well as a history of success would be ideal. Right,  [00:09:38] Ernest Peralta: right. [00:09:38] Sam Wilson: No, that's really cool. Tell us the the conference call you were on for underwriting. I think that's a valuable tool and resource that our listeners may really appreciate it.  [00:09:45] Sam Wilson: Oh yeah. So, gentleman's name is Charles seamen and he is incredible. As of this call, I believe he's still doing it every Saturdays. [00:09:53] Sam Wilson: That's right. If that's something that, your audience members or folks that are listening here on the conference, call one. 10, I would say, reach out to Sam or myself, and be happy to connect you to him. Yeah. But I would say he is ideal and  [00:10:04] Sam Wilson: certainly Charles has come on the show. [00:10:05] Sam Wilson: Gosh, it's been maybe a year and a half ago. So you can go to our website at brickandinvestmentgroup.com slash podcast and just type in Charles Seamen, S E A M E N yeah, look up Charles Seaman and you can find their information there right on our website. [00:10:18] Sam Wilson: And you can probably attend that, that conference call. So there's a great tool and resource. Thank you for sharing that earnest that actually absolutely forgotten that. Tell me, is there been any bad advice that you were given along the way that you either implemented or immediately knew it was bad? [00:10:33] Ernest Peralta: Bad advice. I would say, you hear this a lot. It's like, find your passion. And I believe that to some extent, passion, I think is something that is relatively gets you moving gets you motivated. But I think it's short term. to me, by following my passion, I've done many numerous things prior to getting into into commercial real estate. [00:10:51] Ernest Peralta: But I think one of the main things and things that I would say would be better advice is to not only, follow your passion, but work on your daily plan, work on those things that you don't want to do on a daily basis, because those are things that you actually need to do in order for you to accomplish your goals. [00:11:06] Ernest Peralta: I think, , that to me is an advice to where if I were to flip that, I would say work on things that you don't want to do that you need to accomplish, , what you want in life. If it's, commercial real estate, you have to put in the work, you have to put in the grind, making your daily calls, working your action plan. [00:11:23] Ernest Peralta: Passion comes out of doing that for a number of days until it becomes a habit, then it becomes a passion because you're gonna end up liking some of the things that you do, whether it's the grind or it's gonna be talking to people or putting a deal together. I think that to me is probably one of the most misconceptions that I hear. [00:11:41] Ernest Peralta: And I think that if you flip that around a little bit, I think it would , be better advice that's from my perspective, the least, no, I think  [00:11:47] Sam Wilson: that's great. I mean, there's the it's always, I think it's always a a blend there, right? There's like the, Hey, you gotta get your reps in. Right. Yeah. If you wanna stay fit you, it doesn't matter. [00:11:55] Sam Wilson: If like I read that in the, on the workout plan for yesterday, it was something like, Hey, you know what, maybe you don't love the day's workout, but it's just, it's a matter of showing up and doing the work and then you'll get the results you want. Yeah. Do you love it every day? Maybe. Maybe not. But I think there's a blend there of like finding what your skill set is and what really, you can bring value to the table. [00:12:13] Sam Wilson: How can you bring value to the table, but also going, Hey, what is it at times? Do you just have to say, I just gotta get through this. So. It's it's a nice, but I like the idea of, maybe not necessarily following your passion, but following your plan at first and then, your passion will certainly come out of that. [00:12:26] Sam Wilson: What does your portfolio look like today?  [00:12:29] Ernest Peralta: Yeah, so portfolio today, we own over 600 units. It spends across the Southwest. I'm basically an LP, a GP co GP and a capital razor for for these assets. They're mainly multi-family their class B and CS. We typically look at, little bit of capital improvement. [00:12:48] Ernest Peralta: We don't come in and do huge renovations, but something to where we can come in and do some potential upside, whether it's mainly raising rents or just, adding different things to the To the property itself. And for us, that's been our stronghold and kind of our focus for now. [00:13:02] Sam Wilson: Gotcha. That's really awesome. Tell me you mentioned this earlier in the show where you said that you were reaching out to investors before you'd ever had a deal. Like yeah. What did, how talk, walk us through that conversation? Because for me, I would think that would be a hard conversation of like, Hey, I'm planning on getting into this, but I don't have a track record. [00:13:19] Sam Wilson: How'd you overcome that?  [00:13:20] Ernest Peralta: Yeah, well, for me, I always try to reach out to folks that have the experience  whether you're a VP SVP or an investor, in any situation, I'll definitely go to you because you have the knowledge. So for an me going out to an investor, my whole plan of action, there was basically to reach out to them to say, Hey, I understand that you own a few properties. [00:13:42] Ernest Peralta: I'm kind of getting into the industry. Do you have any best practices or any, anything that you could provide me in terms of how did you get your education and how'd you get your start? That was basically my segue and most people are very cordial. Those that have as you probably know, Sam, those that have success or have tremendous success, they're willing to help for the most part, and provide you advice. [00:14:03] Ernest Peralta: So to me, that was my segue because. You never know what opportunities come out that way. And that was the way I started. Yeah.  [00:14:10] Sam Wilson: No, I think that's absolutely great Ernest, tell me, what's one of the biggest challenges, now that you've kind of gotten your, I'm gonna call it your feet wet. Obviously you're firmly in the business now you've kind of developed your plan. [00:14:20] Sam Wilson: You've implemented part of it. What are some challenges that you face scaling from this point going forward?  [00:14:26] Ernest Peralta: Yeah, that's a very good question. I think one of the challenges that we have right now is that it's definitely a seller's market for the most part. So I think there's a lot of individuals now I think over just even a couple of years now, there's a lot of individuals such as myself that have done. [00:14:42] Ernest Peralta: Corporate work and are now starting to look into investing. So I think there's an influx of this group, this kind of group. Now that's getting into the industry. So it's challenging. It's more challenging at the same time. You have a lot of savvy investors. Now, a lot of these individuals are smart. [00:14:57] Ernest Peralta: They know how to come in underwrite. And so they're making it fierce in that sense. , think in combination with, a lot of folks coming now into this arena, because they understand that it's a great niche to be in for longevity, but at the same time, I think the investors also have the certain mindset of what they think their price is for their, their assets. [00:15:18] Ernest Peralta: You know, they're thinking six months ago that the price is still, relevant today. So they're asking for, a pretty hefty price on, on, their assets. So it's a challenge there it's a double-edged sword. You wanna make it work, but at the same time you wanted to be able to. [00:15:32] Ernest Peralta: Get the property and also make it lucrative for your investors as well. So I think that's probably one of the biggest challenges that I  [00:15:39] Sam Wilson: see. Yeah. And it, and I think as we see, who knows where interest rates, for those of you who are listening to this this is being recorded on May 12th, 2022. [00:15:47] Sam Wilson: So, we don't know right now where interest rates are going, what effect that's gonna have on a, as a, on a cooling, are we gonna see a continued rise in especially in multifamily, in, rent, rent increases, things like that. And so when you say six months ago, I wonder, just because it is fierce and it is competitive though. [00:16:06] Sam Wilson: Are we seeing a tapering in the prices in multifamily or at least a leveling off, or is it that people are still looking, for that, kind of almost vertical trajectory in sales  [00:16:14] Ernest Peralta: price? Yeah. Well, one thing is that I notice is that. A lot of the investors are holding firm on, what they believe their property is worth at this point. [00:16:24] Ernest Peralta: . And so I think for right now, I know inflation kind of, I think it slowed down a little bit last month from what I read. But you know, it's very minimal. It's probably not too impactful at this point, but For the most part. I think a lot of investors are still holding on. They're still holding firm. [00:16:38] Ernest Peralta: I don't think they're gonna budge anytime soon, but at the same time, I think investors are willing to pay, what they're asking. Right. So I think you really have to underwrite, look at the market and when you're doing your deals, just really make sure that you're coming. [00:16:51] Ernest Peralta: You're coming to the table with something that's worthwhile and you're not just paying just to pay, and I think that's kind of the challenge right now for us. I think we're taking the standpoint of, we're gonna hold onto our portfolio for now, but we're definitely looking at properties on the daily basis, we're just underwriting and if there's a good deal, then we'll definitely pursue it. [00:17:09] Ernest Peralta: But for right now, I think a lot of it is just kind of looking at the way that things are going right now in the market. And just evaluating things as we move along. We'll see what happens here in the next six months though,  [00:17:20] Sam Wilson: right? Right. Like to say time will tell last question for you. Is this 10 year plan? [00:17:26] Sam Wilson: Where do you wanna be in 10  [00:17:27] Ernest Peralta: years? Well, yeah, in 10 years, we'd like to have at least close to 50 million in assets. If not more what we'd like to do eventually is look at other asset classes right now. As I mentioned, we're looking at, we have a multi-family portfolio, but it would be nice to diversify that. [00:17:43] Ernest Peralta: Potentially get into mobile home parks or maybe into storage facilities too as well. Those are other, asset classes that we want to get into, but I think over time, that will definitely happen. But for right now, our focus is on multifamily. It's a great area for us to focus our efforts in, but that's our tenure plan. [00:18:01] Sam Wilson: I love it. I love it, Ernest. Thanks for taking the time to come on the show today and really break down your business and tell us your awesome story. I love the the precision with which you have enacted your plan and even putting the plan together. So many bullet just lack that out of the gate. [00:18:14] Sam Wilson: So some great tips, some great tools. Appreciate it. If our listeners wanna get in touch with you or learn more about you, what is the best way to do that?  [00:18:21] Ernest Peralta: Yeah, the best way is you can look me up on LinkedIn. You could also reach out to me@mvpequitygroup.com. That's basically our private equity company. [00:18:30] Ernest Peralta: And yeah, you could just reach out to me also ernest@mvpequitygroup.com.  [00:18:36] Sam Wilson: Awesome. Thank you for your time, Ernest.  [00:18:37] Ernest Peralta: Appreciate it. Thank you, Sam. Appreciate it. 

He is a native of Brooklyn, NY that currently resides in Charlotte, NC and serves as Senior Acquisition Manager and Asset Manager of Three Oaks Management LLC, in which he actively works to locate high-performing multifamily real estate deals throughout the Southeast region of the United States.He's responsible for performing all of the company's initial underwriting and analysis of these deals, which ultimately determines whether or not the deal will be a good fit for the company. He's also involved with contract negotiation and capital raising to make sure that the deals close, remaining involved after closing to manage the assets so that they perform in a manner that provides investors with exceptional returns.Join Our Passive Investor NetworkDownload Our Passive Investor Guide to Multifamily SyndicationsWE DISCUSS:How he entered commercial real estate.His takeaways from his early mentor.The start of his syndication business.Leaving his full-time work.What his business looks like today.His strategies to sourcing deals.His biggest challenge.What's going really well with their business.KEY QUOTE:“This business is totally, 100% a track record business."CONNECT WITH OUR GUEST:Phone: (347) 306-3278Email: charles@investorboardroom.comWebsite: www.investorboardroom.comLinkedIn: Charles SeamanCONNECT WITH US! Visit our Website: https://www.canovocapital.com/podcastConnect with us on Facebook: https://www.facebook.com/apartmentinvestingjourney/?modal=admin_todo_tourFollow us on YouTube: https://www.youtube.com/channel/UCpmNIzpEzxGn5ZuNgjAVV-w/featuredFollow us on Instagram: https://www.instagram.com/apartmentinvestingjourney/Listen on Apple Podcasts: https://podcasts.apple.com/us/podcast/apartment-investing-journey/id1464256464LOVE THE SHOW? PLEASE SUBSCRIBE, RATE, REVIEW & SHARE

Charles Seaman's primary focus as a Senior Acquisition Manager and Asset Manager is to locate high-performing multifamily real estate deals throughout the Southeast region of the U.S. He is responsible for performing all of the company's initial underwriting and analysis of these deals, which ultimately determines whether or not the deal will be a good fit for the company. Finally, Mr. Seaman is also involved with contract negotiation and capital raising to make sure that the deals close, remaining involved after closing to manage the assets so that they perform in a manner that provides investors with exceptional returns. Charles is also a host of a FREE underwriting session on ZOOM every Saturday at 4:00 PM EST. Don't forget to join his sessions and bring along a friend. Highlights of the Episode: 01:55 - Background of the Guest 05:41 - Learning how to underwrite 07:10 - Underwriting - Outsourced or Insourced? 08:49 - Underwriting a deal to a multifamily acquisition 11:47 - Market Conditions 13:27 - Underwriting and Asset Management 15:25 - Process of Underwriting Deals 18:40 - Advice for people who are looking for high performing deals 19:17 - Build broker relationships 22:53 - Skills that someone needs to reach the level of relationships 24:29 - Presenting yourself to a broker 28:05 - Know more about the guest Notable Quotes: “If you're just starting out, and funds are limited then it's probably better to learn how to do it yourself or getting a partner that can do that. So keep in mind we all have unique skill sets where there are a lot of things we're good at and things that we're not.” “You always want to be conservative with your Underwriting and one way to do that is to show a higher terminal Cap Rate than whatever your acquisition Cap Rate is. Your Cap Rate is going to be a measurement of what deals are selling for that area.” “If you want to be successful with anything in life, you have to get used to failing on a regular basis.” Connecting with the Guest: Phone: 347-306-3278 Email: charles@investorboardroom.com LinkedIn: https://www.linkedin.com/in/charles-seaman-90b9b932 Facebook: https://web.facebook.com/charles.seaman.31?_rdc=1&_rdr Website: www.investorboardroom.com Connecting with Multifamily Masters Podcast YouTube: https://www.youtube.com/channel/UCT3w_X7dHVsfbCTXBHVeO0w Facebook: https://www.facebook.com/RealEstateMastersSummit Instagram: https://www.instagram.com/remsummit/ LinkedIn: https://www.linkedin.com/company/real-estate-masters-summit Website: https://realestatemasterssummit.com/

We take great lengths just to get a great deal done, but perhaps looking into the aspects of the contract can bring us a better advantage throughout the process. Charles Seaman shares how having an extension built into the contract is advantageous although requires consideration of the cost. His story also tells us the importance of establishing good relationships for easier communication and transparency.[00:01 - 04:22] Opening Segment Charles Seaman on early involvement in Multifamily InvestingWhy single family investing did not work out for him[04:23 - 12:46] The Push to Better Positioning in the DealExtension built into the contract for the 11th hourThe advantage of good relationships for transparent negotiationCatching the broker's attention via email[12:47 - 19:13] Being Wise in Handling Cost of Doing BusinessRecognizing the true cost of legal fees and loan applicationsThe significance of due diligence and financial reviewsWhen the seller is not accommodating[19:14 - 20:49] Closing SegmentWhy you should make as many mistakes as you canFinal wordsTweetable Quotes:“So with any contract, one of the things that I would always advise anybody to do, regardless of how fast you believe that you'll be able to close the deal is to make sure you have an extension built into the contract.” - Charles Seaman“So I think part of the problem with our early transactions is that we would wait until we were about halfway through our due diligence period, to submit the loan application and to start our offering backs.” - Charles Seaman“Make as many mistakes as you can… That's how you learn. Don't be afraid to make mistakes. Obviously, if you're using somebody else's money, be smart about it so that way you're not tossing them anyway. But learn from your mistakes. Figure out where you need to adjust course and then keep making new mistakes [so] that we keep growing.” - Charles SeamanLearn more about Myers Methods of Multifamily Investing: http://bit.ly/37u6oK3Register for Myers Methods Multifamily Investing Course: https://bit.ly/37iozkBLearn more about the Mid-Atlantic Multifamily Conference: https://bit.ly/2V7SlCCSupport the show (https://www.facebook.com/groups/157335752156211/)

Level Up REI Podcast finally hits 100 episodes! To celebrate this milestone, Lisa Hylton looks back on valuable lessons she learned from her most beloved guests. She returns to her discussions with Michelle Bosch, Annie Dickerson, Jeremy Roll, and Charles Seaman. Lisa features in this special episode her conversation with these amazing people about the importance of focus, finding the right partnership in multifamily syndications, the power of passive investing, and the right approach to real estate purchases. Love the show? Subscribe, rate, review, and share! Here's How » Join The Level Up REI Podcast Community today: lisahylton.com Twitter Instagram Facebook LinkedIn YouTube

Level Up REI Podcast finally hits 100 episodes! To celebrate this milestone, Lisa Hylton looks back on valuable lessons she learned from her most beloved guests. She returns to her discussions with Michelle Bosch, Annie Dickerson, Jeremy Roll, and Charles Seaman. Lisa features in this special episode her conversation with these amazing people about the importance of focus, finding the right partnership in multifamily syndications, the power of passive investing, and the right approach to real estate purchases.Love the show? Subscribe, rate, review, and share!Here's How »Join The Level Up REI Podcast Community today:lisahylton.comTwitterInstagramFacebookLinkedInYouTube

Title: The wonder world of sales and underwriting with Charles Seaman   He is a native of Brooklyn, NY that currently resides in Charlotte, NC, and serves as Senior Acquisition Manager and Asset Manager of Three Oaks Management LLC, in which he actively works to locate high-performing multifamily real estate deals throughout the Southeast region of the United States. He's responsible for performing all of the company's initial underwriting and analysis of these deals, which ultimately determines whether or not the deal will be a good fit for the company. He's also involved with contract negotiation and capital raising to make sure that the deals close, remaining involved after closing to manage the assets so that they perform in a manner that provides investors with exceptional returns.   Let's tune in to his story! [00:01 - 04:26] Opening Segment   Get to know my guest Charles Seaman Young, dumb, and broke turned seasoned director of acquisitions  Grinding and developing skills to get to the top   [04:27 - 12:03] Underwriting   Being conservative and observant Cap rates defined The unspoken need to familiarize yourself in the market Join Charles' weekly underwriting sessions deal structures, multi-family deals   [12:04 - 22:27] Going deeper with underwriting   Defining and familiarizing with the terms Trailing 12 Rent Roll   [22:28 - 24:35] Closing Segment   Final words Connect with my guest, Charles in the links below Tweetable Quotes   “The first rule that I would always tell people is it's better to lose a deal for being too conservative than they get a deal for being too aggressive. So if given the choice, lose the deal and be conservative, otherwise you may wind up in over your head” - Charles Seaman   “A lot of times you're going to be competing against either brand new syndicators or they are local families with money, and most times a well-run syndication is probably a smoother operation than like a local guy with money” - Charles Seaman   “I always jokingly say that I set a low bar [for earning estimates]. So it's easier for me to jump in.” - Charles Seaman   ------------------------------------------------------------------------   Reach Charles through charles@3oaksmgmt.com and call him: (347) 306-3278 WANT TO LEARN MORE?   Connect with me through LinkedIn   Or send me an email sujata@luxe-cap.com    Visit my website www.luxe-cap.com or my Youtube channel Thanks for tuning in!     If you liked my show, LEAVE A 5-STAR REVIEW, like, and subscribe!

Join Ramsey Blankenship with his guest, Charles Seaman, as they talk about attracting investors by building trust. Charles is an experienced investor in commercial real estate. He shares what he went through and the knowledge gained from his 14 years in the industry. Here's a breakdown of what to expect in this episode: The journey of getting started in real estate Building a network through partnerships with sponsors Breaking down the intricacies of a syndication Where to focus: finding deals or raising capital? Metrics to use in analyzing a market And so much more! ~ About Charles Seaman: Charles Seaman is a native of Brooklyn, NY, who currently resides in Charlotte, NC, and serves as Senior Acquisition Manager and Asset Manager of Three Oaks Management LLC. He actively works to locate high-performing multifamily real estate deals throughout the Southeast region of the United States. He's responsible for performing all of the company's initial underwriting and analysis of these deals, ultimately determining whether or not the deal will be a good fit for the company. He's also involved with contract negotiation and capital raising to make sure that the deals close, remaining involved after closing to manage the assets so that they perform in a manner that provides investors with exceptional returns. He has 14 years of prior experience working for a commercial real estate investor in NYC. During this time, he assisted the investor with acquiring deals, obtaining financing for them, and managing and leasing them after the deals were closed. While there, he also assisted the investor with managing numerous other businesses that he owned, including a plumbing company and several bars and restaurants. During his spare time, he also actively traded stocks from 2009 to 2014. ~ You can find Charles Seaman on . . . Website: https://www.3oaksmgmt.com/ ~ Connect with Ramsey! https://www.flowcode.com/page/ramseyblankenship https://realfocus.org/gorilla-state-investing-podcast/ https://realfocus.org/investors/

Charles Seaman How to use Underwriting and Relationship Building to Thrive as a Real Estate Investor Charles Seaman is the Lead Acquisition Manager for Three Oaks Management, where he locates and underwrites high-performing multifamily real estate deals throughout the Southeast USA.  He is also involved in contract negotiation, capital raising, and asset management.  With close to 20 years of real estate investing experience, Charles brings a wealth of knowledge and expertise.  Today Charles will speak to us about the processes of relationship building in real estate investing.  We will also delve into the all-important topic of underwriting – learn what it is and how to use underwriting analysis to determine any real estate investment viability. Main Points: I built my track record in the syndication space through relationships.  How did relationships allow me to close my first deal and then several more? Finding reasons to get things done instead of making excuses has been instrumental in my success and the success of many others.  How can this mindset get you through tough times and challenging circumstances? What is the essential information and knowledge level that a real estate investor should know to be successful? Aside from relationship building, I also do all of the underwriting for my team's deals.  What is underwriting, and why is it important? How can somebody new learn how to underwrite deals? Contact Charles:  Text me at (347) 306-3278 or Email me at charles@3oaksmgmt.com and tell me that you heard me on Real Estate Investing Abundance and that you want to join the FREE weekly underwriting sessions.

Charles is a native of Brooklyn, NY that currently resides in Charlotte, NC and serves as Senior Acquisition Manager and Asset Manager of Three Oaks Management LLC, in which he actively works to locate high-performing multifamily real estate deals throughout the Southeast region of the United States. He's responsible for performing all of the company's initial underwriting and analysis of these deals, which ultimately determines whether or not the deal will be a good fit for the company. He's also involved with contract negotiation and capital raising to make sure that the deals close, remaining involved after closing to manage the assets so that they perform in a manner that provides investors with exceptional returns.  Charles has 14 years of prior experience working for a commercial real estate investor in NYC. During this time, he assisted the investor with acquiring deals, obtaining financing for them, and managing and leasing them after the deals were closed. While there, he also assisted the investor with the management of numerous other businesses that he owned, including a plumbing company and several bars and restaurants. During his spare time, he also actively traded stocks from 2009 to 2014. Music Credits: A himitsu adventures @argofox & ahimitsu

Charles Seaman is a native of Brooklyn, NY that currently resides in Charlotte, NC and serves as Senior Acquisition Manager and Asset Manager of Three Oaks Management LLC, in which he actively works to locate high-performing multifamily real estate deals throughout the Southeast region of the United States. He's responsible for performing all of the company's initial underwriting and analysis of these deals, which ultimately determines whether or not the deal will be a good fit for the company. He's also involved with contract negotiation and capital raising to make sure that the deals close, remaining involved after closing to manage the assets so that they perform in a manner that provides investors with exceptional returns. Get in touch with Charles: Phone: (347) 306-3278 Email: charles@3oaksmgmt.com Website: www.3oaksmgmt.com BiggerPockets: https://www.biggerpockets.com/users/CharlesS111 LinkedIn: https://www.linkedin.com/in/charles-seaman-90b9b932/       If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara 

In this episode of the Strategic Multifamily Investing Podcast, I interview Charles Seaman. He is a native of Brooklyn, NY that currently resides in Charlotte, NC and serves as Senior Acquisition Manager and Asset Manager of Three Oaks Management LLC, in which he actively works to locate high-performing multifamily real estate deals throughout the Southeast region of the United States. He's responsible for performing all of the company's initial underwriting and analysis of these deals, which ultimately determines whether or not the deal will be a good fit for the company. He's also involved with contract negotiation and capital raising to make sure that the deals close, remaining involved after closing to manage the assets so that they perform in a manner that provides investors with exceptional returns. He has 14 years of prior experience working for a commercial real estate investor in NYC. During this time, he assisted the investor with acquiring deals, obtaining financing for them, and managing and leasing them after the deals were closed. While there, he also assisted the investor with the management of numerous other businesses that he owned, including a plumbing company and several bars and restaurants. During his spare time, he also actively traded stocks from 2009 to 2014. === Podcast: http://anchor.fm/smip Website: http://www.RedBootLLC.com Email: marketing@redbootllc.com LinkedIn: https://www.linkedin.com/company/red-boot-llc #multifamily, #apartment, #investing, how-to, red, boot, residential, commercial, north carolina, nc, multifamily real estate investing 2020, real estate investing for beginners podcast, Strategic Multifamily Investing Podcast, Jonathan Mickles --- Send in a voice message: https://anchor.fm/smip/message

There are important factors to consider when you assess deals and underwrite as a passive investor. This episode's guest is Charles Seaman, the Senior Acquisition Manager and Asset Manager at Three Oaks Management. Charles discusses with Lisa Hylton some of the key things you need to think about when someone presents a deal to you. You need to understand how they operate, look into their background, and check if they are competent to run a deal. Join in the conversation to learn more about the importance of having a good management team, the difference between agency financing and bridge financing, and why you should invest your time in growing your network. Love the show? Subscribe, rate, review, and share! Here's How » Join The Level Up REI Podcast Community today: lisahylton.com Twitter Instagram Facebook LinkedIn YouTube

There are important factors to consider when you assess deals and underwrite as a passive investor. This episode's guest is Charles Seaman, the Senior Acquisition Manager and Asset Manager at Three Oaks Management. Charles discusses with Lisa Hylton some of the key things you need to think about when someone presents a deal to you. You need to understand how they operate, look into their background, and check if they are competent to run a deal. Join in the conversation to learn more about the importance of having a good management team, the difference between agency financing and bridge financing, and why you should invest your time in growing your network.Love the show? Subscribe, rate, review, and share!Here's How »Join The Level Up REI Podcast Community today:lisahylton.comTwitterInstagramFacebookLinkedInYouTube

If you like what you hear, please subscribe, like and leave a comment :) Here is some of what you will learn:- Getting into Commercial Real Estate Syndication by accident.- Understand what the underwriting process is and what are the important documents for analyzing potential properties.- What are some key transferable skills coming from Single Family to Multi Family investing.  - Closing a 48-unit multifamily property during the COVID pandemic.- The 4 big mistakes Charles made when starting out as an investor.- **FREE GIFT** for staying until the very end of the podcast :)To find out more about our guest Charles Seaman:https://www.3oaksmgmt.com/To find out more about partnering or investing in a multifamily deal please fill out our Investor Application Form: https://mvpequitygroup.com/investor-application

Charles Seaman is the Senior Acquisition Manager and Asset Manager at Three Oaks Management LLC, which currently has over $16,000,000 assets under management. In today's show, Charles goes into how to present yourself to brokers, how to nurture those relationships, how to vet a general partnership team as a passive investor, and the benefits of multifamily real estate. Charles brought tremendous value on this episode- make sure to check it out! 

Charles Seaman is the Senior Acquisition Manager and Asset Manager at Three Oaks Management LLC, which currently has over $16,000,000 assets under management. In today's show, Charles goes into how to present yourself to brokers, how to nurture those relationships, how to vet a general partnership team as a passive investor, and the benefits of multifamily real estate. Charles brought tremendous value on this episode- make sure to check it out! 

Charles Seaman is a native of Brooklyn, NY, and currently resides in Charlotte, NC. He serves as Senior Acquisition Manager and Asset Manager of 3 Oaks Management. He actively works to locate high-performing multifamily deals throughout the southeastern region of the United States. He is responsible for all the company's underwriting, analysis, and contract negotiations, and capital raising to make sure that the deals close.[00:01 – 02:18] Opening SegmentLet's get to know Charles SeamanCharles talks about his backgroundHis first exposure to commercial real estate[02:19 – 07:09] Building Relationships in the Real Estate BusinessMaking a move to start his own real estate businessGetting into SyndicationRelocating and putting himself in the center of their chosen marketClosing his first deal through sponsor relationship[07:10 – 16:22] Tips in SyndicationLocating his partners in networking eventsFour things to know when you're looking to syndicateFind a partnerFind a target marketFind investorsFind Sponsors or key principles[16:23 – 19:17] Closing SegmentCharle's advice aspiring investorsRelationships are by far the most important thing in this businessHow Charles stays on top of his gameHis way to make the world a better placeHow to reach out to Charles– links belowFinal words from Charles and MeTweetable Quotes:“Any deal I've gotten so far has been through relationships. Either brokers or sponsors, whoever it may be. And I wouldn't have got those if I kept asking around from market to market because you wouldn't have a chance to build those relationships.” - Charles Seaman“I can learn so much from phone calls, emails, speaking to people, and reading things online, but I learn a lot more by just throwing myself in there.” - Charles Seaman“The benefit of having a target market is that you don't need to spend time learning about that market every single time.” - Charles Seaman “Real Estate is very much a people business.” - Charles SeamanResources Mentioned: Three Oaks Management------------------------------------------------------------------------------------------Connect with Charles, send him an email at charles@3oaksmgmt.comCharles' contact number: 347-306-3278Connect with me:I love helping others place money outside of traditional investments that both diversify strategy and provide solid predictable returns.Call: 901-500-6191FacebookLinkedInLike, 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

Charles Seaman is a native of Brooklyn, NY, and currently resides in Charlotte, NC. He serves as Senior Acquisition Manager and Asset Manager of 3 Oaks Management. He actively works to locate high-performing multifamily deals throughout the southeastern region of the United States. He is responsible for all the company's underwriting, analysis, and contract negotiations, and capital raising to make sure that the deals close.[00:01 – 02:18] Opening SegmentLet's get to know Charles SeamanCharles talks about his backgroundHis first exposure to commercial real estate[02:19 – 07:09] Building Relationships in the Real Estate BusinessMaking a move to start his own real estate businessGetting into SyndicationRelocating and putting himself in the center of their chosen marketClosing his first deal through sponsor relationship[07:10 – 16:22] Tips in SyndicationLocating his partners in networking eventsFour things to know when you're looking to syndicateFind a partnerFind a target marketFind investorsFind Sponsors or key principles[16:23 – 19:17] Closing SegmentCharle's advice aspiring investorsRelationships are by far the most important thing in this businessHow Charles stays on top of his gameHis way to make the world a better placeHow to reach out to Charles– links belowFinal words from Charles and MeTweetable Quotes:“Any deal I've gotten so far has been through relationships. Either brokers or sponsors, whoever it may be. And I wouldn't have got those if I kept asking around from market to market because you wouldn't have a chance to build those relationships.” - Charles Seaman“I can learn so much from phone calls, emails, speaking to people, and reading things online, but I learn a lot more by just throwing myself in there.” - Charles Seaman“The benefit of having a target market is that you don't need to spend time learning about that market every single time.” - Charles Seaman “Real Estate is very much a people business.” - Charles SeamanResources Mentioned: Three Oaks Management------------------------------------------------------------------------------------------Connect with Charles, send him an email at charles@3oaksmgmt.comCharles' contact number: 347-306-3278Connect with me:I love helping others place money outside of traditional investments that both diversify strategy and provide solid predictable returns.Call: 901-500-6191FacebookLinkedInLike, 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

The year of 2020 has posed obstacles to many of us, no matter what business we are in. Charles Seaman of Three Oaks Management returns to the show today to talk about the deal he has been busy with since late last year, and how he and his team have managed to ride out the uncertain waters of the pandemic. We get to hear about the background to this deal and how Charles approached things before the world changed so drastically in March 2020. From there, Charles unpacks the steps in the process that characterized and defined the success of the deal. We talk about financing, extensions, negotiations, lessons learned, and more! Charles makes a point to emphasize the component of underwriting and how this can be leveraged for best results during this year or any other.

Charles Seaman works with Three Oaks Management LLC a multifamily real estate acquisition and asset management company.  His primary focus is to locate high-performing multifamily real estate deals.  He performs initial underwriting and analysis of these deals and determines if they are a good fit for the company.   He is also involved with contract negotiation and capital raising.  He remains involved after closing to manage the assets to insure they perform in a manner that provides investors with exceptional returns.    Connect with Charles:   BiggerPockets: https://www.biggerpockets.com/users/CharlesS111 LinkedIn: https://www.linkedin.com/in/charles-seaman-90b9b932/ Website: www.3oaksmgmt.com Email Address: charles@3oaksmgmt.com Phone: (347) 306-3278 ________________________________________________________ Want to appear on our podcast?  Contact Us Learn how you can passively put your hard earned money to work for you through multifamily syndication:  Steed Talker Capital   Connect with Us:   Facebook Twitter Linkedin Instagram Youtube

Charles Seaman is a native of Brooklyn, NY that currently resides in Charlotte, NC and serves as Managing Member, Senior Acquisition Manager, and Asset Manager of Three Oaks Management LLC, in which he actively works to locate high-performing multifamily real estate deals throughout the Southeast region of the United States. He's responsible for performing all of the company's initial underwriting and analysis of these deals, which ultimately determines whether or not the deal will be a good fit for the company. Charles also has 14 years of prior experience working for a commercial real estate investor in NYC. Tune in as Charles explains the ins and outs of underwriting.

Charles Seaman works with Three Oaks Management LLC a multifamily real estate acquisition and asset management company.  His primary focus is to locate high-performing multifamily real estate deals.  He performs initial underwriting and analysis of these deals and determines if they are a good fit for the company.   He is also involved with contract negotiation and capital raising.  He remains involved after closing to manage the assets to insure they perform in a manner that provides investors with exceptional returns.  Connect with Charles: BiggerPockets: https://www.biggerpockets.com/users/CharlesS111 LinkedIn: https://www.linkedin.com/in/charles-seaman-90b9b932/ Website: www.3oaksmgmt.com Email Address: charles@3oaksmgmt.com Phone: (347) 306-3278 _______________________________ Want to appear on our podcast?  Contact Us Learn how you can passively put your hard earned money to work for you through multifamily syndication:  Steed Talker Capital Connect with Us: Facebook Twitter Linkedin Instagram Youtube

Our guest on the show today is Charles Seaman. Charles currently serves as Managing Member and Lead Acquisition person of Three Oaks Management LLC, in which he actively works to locate high-performing multifamily real estate deals throughout the Southeast region of the U.S. Charles has 14 years of commercial real estate experience in New York City.