Podcasts about class b c

Max Trescott shares his top recommended settings for Garmin avionics systems, specifically the G1000, G1000 NXi, G3000, G5000, and the Cirrus Perspective and Perspective+ systems. These configuration tips enhance situational awareness, flight safety, and pilot efficiency—and many also apply to Garmin standalone navigators like the GTN 650 and 750. The episode begins with a critical safety upgrade: switching the Traffic Page vectors from Absolute to Relative. Unlike absolute vectors (which only show heading), relative vectors display a target aircraft's flight path in relation to your own—allowing you to detect potential collision courses earlier and take evasive action sooner. Max also explains Pilot Profiles, which store individual settings for different pilots or flight types. These profiles auto-save any inflight changes, even if made by other users, which can unintentionally overwrite your setup. He offers a clever workaround: naming your profile something like “Maintenance Only” to discourage accidental use. For Cirrus Perspective, Perspective+, and other G1000-based systems, Max outlines his strong preference for Track Up or Heading Up map orientations and why North Up is ergonomically flawed. North Up can disorient pilots in high-workload situations and may even contribute to midair conflicts, as it forces mental rotation of traffic and terrain. Airline pilots overwhelmingly avoid it—and you should too. Other key settings include: Auto Zoom: Turn off to avoid erratic map scaling. Track Vector: Set to 60 seconds to better judge turns and approach timing. Wind Vector: Display wind components (headwind/tailwind and crosswind) clearly for better landing decisions. Fuel Range Rings: Display fuel reserves and total endurance graphically to enhance fuel planning. Altitude Arc ("Banana Bar"): Visually predict level-off points—critical for IFR approaches. Obstacle & Terrain Awareness: Enable obstacle data and use Relative Terrain (especially at night) to avoid controlled flight into terrain (CFIT). For Cirrus Perspective pilots, Max also emphasizes enabling Runway Extensions to help identify the extended centerline in complex or night conditions, and TFR overlays to stay compliant with airspace restrictions. Soft key setup tips include: Enabling Traffic every flight. Using the Inset Map (Vertical Situation Display) to monitor terrain clearance, especially during nighttime descents or cruise-level wind shifts. Declutter Levels: Adjust map detail to balance visibility and clarity; Max prefers the “Detail –3” setting to retain Class B/C airspace while reducing screen clutter. Disabling Pathways and flashing cursors, which can cause visual overload. Through these curated settings, Max demonstrates how pilots flying with Garmin or Cirrus Perspective avionics can custom-tailor their displays for clarity, efficiency, and most importantly—safety. Mentioned on the Show Buy Max Trescott's G3000 Book Call 800-247-6553 Lightspeed Delta Zulu Headset Giveaway Hudson Helicopter Crash Preliminary Report RV-10 Crash in Simi Valley Free Index to the first 282 episodes of Aviation New Talk So You Want To Learn to Fly or Buy a Cirrus seminars Online Version of the Seminar Coming Soon – Register for Notification Check out our recommended ADS-B receivers, and order one for yourself. Yes, we'll make a couple of dollars if you do. Get the Free Aviation News Talk app for iOS or Android. Check out Max's Online Courses: G1000 VFR, G1000 IFR, and Flying WAAS & GPS Approaches. Find them all at: https://www.pilotlearning.com/ Social Media Like Aviation News Talk podcast on Facebook Follow Max on Instagram Follow Max on Twitter Listen to all Aviation News Talk podcasts on YouTube or YouTube Premium "Go Around" song used by permission of Ken Dravis; you can buy his music at kendravis.com If you purchase a product through a link on our site, we may receive compensation.

The rise in unused office space has triggered suggestions about converting commercial real estate into residential buildings. But our US Real Estate Research analyst lists three major challenges.----- Transcript -----Welcome to Thoughts on the Market. I'm Adam Kramer, from the Morgan Stanley U.S. Real Estate Research team. Along with my colleagues bringing you a variety of perspectives, today I'll discuss a hot real estate topic. Whether the surplus of vacant office space offers a logical solution to the national housing shortage.It's Wednesday, August 14, at 10am in New York.Sitting here in Morgan Stanley's office at 1585 Broadway, Times Square is bustling and New York seems to have recovered from COVID and then some. But the reality inside buildings is a little bit different. On the one hand, 14 percent of U.S. office space is sitting unused. Our analysis shows a permanent impairment in office demand of roughly 25 percent compared to pre-COVID. And on the other hand, we have a national housing shortage of up to 6 million units. So why not simply remove obsolete lower-quality office stock and replace it with much-needed housing? On the surface, the idea of office-to-residential conversion sounds compelling. It could revitalize struggling downtown areas, creating a virtuous cycle that can lead to increased local tax revenues, foot traffic, retail demand and tourism.But is it feasible?We think conversions face at least three significant challenges. First, are the economics of conversion. In order for conversions to make sense, we would need to see office rents decline or apartment rents rise materially – which is unlikely in the next 1-2 years given the supply dynamics — and office values and conversion costs would need to decline materially. Investors can acquire or develop a multifamily property at roughly $600 per square foot. Alternatively, they can acquire and convert an existing office building for a total cost of nearly $700 per square foot, on average. The bottom line is that total conversion costs are higher than acquisition or ground-up development, with more complexity involved as well. The second big challenge is the quality of the buildings themselves. Numerous elements of the physical building impact conversion feasibility. For example, location relative to transit and amenities. Buildings in suboptimal locations are unlikely to be considered. Whether the office asset is vacant or not is also a factor. Office leases are typically longer duration, and a building needs to be close to or fully vacant for a full conversion. And lastly, physical attributes such as architecture, floor-plate depth, windows placement, among others. And finally, regulation presents a third major hurdle. Zoning and building code requirements differ from city to city and can add substantive time, cost, complexity, and limitations to any conversion project. That said, governments are in a unique position to encourage conversions — for example, via tax incentives – and literally remake cities short on affordable housing but with excess, underutilized office space.We have looked at conversion opportunities in three key markets: New York, San Francisco, and Washington, D.C. In Manhattan, active office to residential conversions have been concentrated in the Financial District, and we think this trend will continue. We also see the East Side of Manhattan as a uniquely untapped opportunity for future conversions, given higher vacancy today. This would shift existing East Side office tenants to other locations, boosting demand in higher-quality office neighborhoods like Park Avenue and Grand Central.In San Francisco, we are concerned about other types of real estate properties beyond just office. Retail, multifamily, and lodging in the downtown area are taking longer to recover post-COVID, and we think this will limit conversions in the market. And finally, in Washington, D.C. we think conversion would work best for older, Class B/C office buildings on the edges of pre-existing residential areas. In these three markets, and others, conversions could work in specific instances, with specific buildings in specific sub-markets. But on a national basis, the economic and logistic challenges of wide-scale conversions make this an unlikely solution.Thanks for listening. If you enjoy the show, please leave us a review wherever you listen and share Thoughts on the Market with a friend or colleague today.

In this episode, our guest, Tanner Webster, shares his journey. Tanner discusses how he learned the ins and outs of real estate development through hands-on experience, flipping houses, working for a developer, and then taking the risk on his first ground-up development project. Listeners will learn Tanner's strategies for raising capital from investors, navigating the development process, and why he is targeting Class B/C industrial real estate today.Highlights of this episode:00:00 Intro01:09 How did Tanner Webster get into real estate?03:21 The first deal in 201905:56 Cold calling and learning from a real estate developer13:14 Starting his first ground-up project18:45 Real estate development and financial strategies20:57 The benefits of Freddie Mac SBL loan23:22 Closing a $4.3 million renovation deal in cash29:28 The best way for people to start out32:13 Developing land for commercial uses36:47 Industrial real estate development45:09 Tanner giving back through his podcast48:25 Go out and be willing to fail Interested in chatting with Tanner? Connect with him on LinkedIn: https://www.linkedin.com/in/tanner-webster-76b182193/--Breneman Capital: https://www.breneman.com Investor List: https://www.breneman.com/invest Passive RE Investor Guidebook: https://www.breneman.com/downloads Connect with Drew: https://linktr.ee/drewbreneman

Dr. Jason Balara, CEO of Lark Capital Group, is a veterinary surgeon turned real estate syndicator. Focused on Class B/C multifamily and small businesses, he aims for strong investor returns. Lark's Veterinary Impact Fund addresses high suicide rates in the veterinary community, promoting financial wellness and awareness through partnership with Not One More Vet.Main point:Background and Career:Can you share a bit about your journey from being a veterinary surgeon to becoming the CEO and Co-founder of Lark Capital Group?How has your experience and training as a veterinary surgeon influenced your approach to real estate syndication and fund management?Investment Focus:What led you to focus on Class B and C multifamily properties and small businesses in your real estate investment strategy?How do you identify opportunities in these sectors, and what factors do you consider essential for achieving excellent returns for your investors?Lark Veterinary Impact Fund:Could you elaborate on the motivation behind creating the Lark Veterinary Impact Fund?How does the fund aim to address the disproportionately high suicide rates within the veterinary community?Can you share specific initiatives or strategies that the fund is employing to promote financial wellness among veterinarians?Partnerships and Awareness:You mentioned a partnership with Not One More Vet. Could you provide more details on how this partnership contributes to the goals of the Lark Veterinary Impact Fund?In what ways is Lark Capital Group raising awareness about the challenges facing the veterinary profession?Podcast:As the host of the Know Your Why Podcast, what topics or themes do you explore, and how does the podcast contribute to your mission and vision?Can you share any memorable experiences or insights gained through conversations on your podcast that have influenced your work at Lark Capital Group?Future Goals:What are your future goals for Lark Capital Group, both in terms of real estate investments and the impact fund?How do you envision the long-term impact of your work on the financial wellness of veterinarians and the veterinary community?Connect with Jason Balara:Please visit our website www.larkcapital.comjason@larkcapital.comhttps://www.facebook.com/jason.balarahttps://www.instagram.com/larkcapital/www.linkedin.com/in/jasonbalarahttps://www.youtube.com/channel/UCwo31v7LDefxnE0jJd3YXEQhttps://www.larkcapital.com/         Podcast-Know Your Why Podcast

How can self-storage provide better returns and fewer headaches than other real estate investments?   Travis Baucom, a real estate investor and self-storage operator, shares how he transitioned out of single-family rentals into self-storage after struggles with high maintenance costs and low returns. He explains why self-storage is attractive, from low overhead to expansion potential, and his strategy for buying existing facilities and optimizing operations.   Travis Baucom is the founder and CEO of Balcomie Capital, a boutique firm for high-net-worth and high-income individuals. With over 10 years of experience in real estate investing, Travis has consistently achieved average above-market returns. He selects all key investment markets and asset classes for BC to meet the goals of his investors. As CEO, he leads the company's overall investment strategy, asset acquisitions, and business development activities with its mission to deliver fully managed private investments that allow investors to pursue what matters most to them.     [00:00 - 03:00] Getting Started in Real Estate and Pivoting to Self Storage Travis started with over 400 single-family rentals but maintenance headaches and low returns led him to sell and switch to self-storage. The low maintenance for the metal and concrete facilities compared to tenant damage in houses. Strong cash-on-cash returns compared to multifamily and other assets.   [07:00 - 10:00] Self Storage Investment Strategy Why Travis focuses on buying existing Class B/C facilities from mom-and-pop owners more focused on occupancy than revenue? Transitioning those facilities to remote management and optimizing rents based on local market rates.   [10:00 - 15:00] Facility Location and Expansion Plans Why Travis likes facilities in decent-sized metro areas with population growth. Expanding his Oklahoma City facility, a long-term asset. Also expanding other Texas facilities.   Investor Reception and Self Storage Pitfalls [15:00 - 20:00] Investors in his deals are happy with the hands-off aspect and distributions. The main pitfall is overdevelopment, exiting a property where a competitor added too much supply.   Key Quotes:   "I honestly believe people cause chaos, by eliminating those things that we can't control, which you can't control chaos for the most part, we end up being able to project our yield a lot better" - Travis Baucom   "Storage has a 40-year track record of having a very low default rate. We've gone through three recessions and the default rate never got above 1.6 percent in all three of those." - Travis Baucom   Connect with Travis: Website: www.investinstoragedeals.com Instagram LinkedIn     WANT TO LEARN MORE?   Connect with me through LinkedIn.   Or send me an email at 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!  

Welcome to another captivating episode of 3 Degrees of Freedom! In this installment, we have the privilege of hosting Saket Jain, an exceptional individual whose accomplishments span from being a bestselling author to the esteemed role of founder and CEO at Impact Wealth Builders. With a remarkable career spanning over 15 years, Saket's expertise in the real estate domain shines brilliantly. Particularly, his focus on Class B/C multifamily apartments and a profound understanding of marketing fundamentals have propelled him to unparalleled success.In this episode, titled "How Defining Success and Failure Changes Mindset at the Fundamental Level," Saket delves deep into his philosophy of success and failure. He expounds on how these concepts can reshape one's mindset, and he shares his personal journey to achieving time, financial, and location independence. With a rich tapestry of experiences, Saket offers insights on leveraging technological skills for independence and blending his W-2 world wisdom seamlessly into both his professional and personal spheres.Don't miss the wisdom he imparts as he extends tailored advice to aspiring real estate enthusiasts. If you're passionate about attaining financial freedom through real estate, Saket's sagacity serves as your ultimate coaching guide. Join us for an enriching conversation that's bound to leave you inspired and informed.Connect with Saket thru the social links below and learn more about his business:Facebook: https://www.facebook.com/impactwealthbuilders/LinkedIn: https://www.linkedin.com/company/impactwealthbuilders/Instagram: https://www.instagram.com/impact_wealthbuilders/Website: https://impactwealthbuilders.com/Unlock 3+1 degrees of freedom (time, location, financial + health) with our 5-Point Blueprint! https://elevateequity.org/podcastgiftIf you really enjoyed this content and are looking for more, you can continue to learn more about us in several different places for free!on our website for blogs & other podcast interviews! elevateequity.orgour YouTube channel! youtube.com/channel/derekcliffordour book/audiobook! amazon.com/dp/ebookIf you'd like to haveUnlock 3+1 degrees of freedom (time, location, financial + health) with our 5-Point Blueprint! https://elevateequity.org/podcastgiftIf you really enjoyed this content and are looking for more, you can continue to learn more about us in several different places for free! on our website for blogs & other podcast interviews! elevateequity.org our YouTube channel! youtube.com/channel/derekclifford our book/audiobook! amazon.com/dp/ebook If you'd like to have a FREE copy of our 7 Ways Commercial Real Estate Syndications Protect and Build Wealth, simply click the link below. We are here and vested in your long-term success! elevateequity.org/7waysEbook

An interview with Jeremy Mercer, CEO of Matador Capital. ✅ Class B & C industrial properties ✅ Low-coverage industrial warehouses ✅ Manufacturing facilities About Jeremy: Jeremy entered the commercial real estate market in July of 2004 with the acquisition of his first commercial investment property. Since then he has managed over 210,000 square feet within the Trinity and Brookhollow submarkets. Jeremy joined the Mercer Company in October of 2010 with a focus on the Brookhollow, Trinity, and Love Field submarkets. Prior to joining Mercer Company, Jeremy is a passive business owner, property owner, and active in property management. Jeremy owns two successful businesses located within his submarkets. Pro Rehearsal studios is a tenant based business that provides monthly space to bands for rehearsal needs. Pro Rehearsal has 2 locations and occupies 40,000 square feet and averages an occupancy rate of 92%. Mercer Metals is a steel distributor and value added processor of stainless, aluminum, carbon, and alloy in tubing, pipe, bar, sheet and plates. Mercer Metals has experienced substantial growth throughout this tough economy. Jeremy understands the process that business owners face from moving a facility to opening a new location through real life experience. Jeremy also understands the situations that owners face and through his experience as a commercial property manager, he has lived the process of evaluating tenants, managing the long term care of a property, and the negotiation and management of numerous finish out projects with contractors. It is this experience that helps Jeremy serves his clients in all aspects of a transaction. Connect with Jeremy: LinkedIn: https://www.linkedin.com/in/jeremy-me... Website: https://www.matador-capital.com/ -- Bastion Pens Link: https://bastionboltactionpen.com/?rfsn=7334111.02cb20&utm_source=refersion&utm_medium=affiliate&utm_campaign=7334111.02cb20 ⚡ Subscribe: https://www.youtube.com/@industrializ...

In this week's episode, host Josh Ferrari chats with Brad Hreha about how to be strategic when underwriting commercial deals. We get to hear from Brad about how he underwrites his deals and what conservative underwriting means for him. He also shares some common mistakes he sees people make when underwriting, some general rules for preliminarily underwriting a deal and more. Enjoy!!   Brad's real estate career got started with wholesaling single-family homes. By using strategic marketing strategies to find off-market deals. Brad would find deals for his investors and negotiate a price with the seller. Once the deal was under contract, Brad would present the deal to his investors. Brad gained valuable experience with motivated sellers, negotiations, real estate contracts, rehab costs, running comparable sales, learning the market and different ways to structure deals for investors to maximize returns. Brad now works with a group of high net worth individuals who invest in multifamily properties.  Brad invests in value-add Class B & C multifamily properties with 30-200 units in emerging markets.   How to connect with Brad: https://www.avalar3capital.com/ Email: Brad@avalar3capital.com Social Media: @Brad_Hreha   How to connect with Josh: Ferrari Capital - https://ferraricapital.com/ https://www.facebook.com/joshua.ferrari.16/ https://www.linkedin.com/in/joshua-ferrari-6b9107160/     Creative Capital is made possible in part by our sponsors. Relay is a no-fee, online banking and money management platform. Spend, save and plan more efficiently with unparalleled clarity into operating expenses, cash flow and accounts payable. Visit https://relayfi.com/creativecapital to get started.

After spending 15 years focused on single-family properties, Marcus Long took the leap to enter multifamily as a passive investor. Fast forward, and he now is General Partner of 183 units and Limited Partner of 215 units. In this episode, Marcus shares the challenges he faced when transitioning from single-family to multifamily and how he achieved his success. Marcus Long | Real Estate Background Founder of Long Legacy Capital. He primarily focuses on 100+ unit Class B/C value-add properties with project scopes that allow for cash flow to commence in the first year and currently plan for 3-7 year hold periods. Portfolio: GP of 100-unit in Pryor, OK; 75-unit in College Station, TX; and an 8-unit (short term rental conversion) in Arlington, TX. LP of 24-unit mobile home park in Canon City, CO; 103-unit in Mobile, AL; and 88-unit in Tulsa, OK. Based in: Cheltenham, England Say hi to him at: www.alonglegacy.com | IG: @alonglegacyrei Best Ever Book: The Hands-Off Investor by Brian Burke Click here to learn more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss 

It can be hard to find good deals in a competitive market, but Nick Simpson has found a possible, profitable solution: Opportunity Zones. Opportunity Zones are low-income areas that are set up to encourage an increase in economic growth. For Nick, these areas hold a lot of possibility for multifamily value-adds. In this episode, Nick breaks down two of his deals and shares why we should look to Opportunity Zones for investments.  Nick Simpson | Real Estate Background Founder and CEO of Mentis Capital Partners which focuses on value-add multifamily (Class B & C), and ground-up development of multifamily and student housing (Class A). Portfolio: $60MM as GP 10 years of REI experience Based in: Salisbury, Maryland Say hi to him at: www.mentiscapitalpartners.com Best Ever Book: Am I Being Too Subtle?: Straight Talk From a Business Rebel by Sam Zell Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss

A discussion on her recently closed 42-unit C class Apartment complex in Kansas city, Missouri with Kathy Jang.  Follow us on Instagram, Facebook, and TwitterFor more educational content, visit our website at www.diaryofanapartmentinvestor.comInterested in investing with Four Oaks Capital?  First step is to schedule a call with us. ----Kathy Jang Kathy started renting out her first townhome in 2007 and eventually built out a single family home portfolio and then scaled into multifamily properties in 2018, where she leveraged her experience in buying and managing multiple properties and now focuses on acquisitions and asset management.  Her real estate portfolio consists of >1,500 multifamily units, predominantly in value-add Class B/C+ properties. Kathy has an undergraduate degree from UC Berkeley's Haas School of Business and started her career as a Big 4 consultant at Deloitte and KPMG before getting her MBA from Northwestern's Kellogg School of Management, where she sharpened her operation and strategy skills and pivoted her career into medical device marketing in nuclear medicine and heart failure therapy. To this day, Kathy continues to advise the makers of Invisalign® clear aligners, contributing to their tremendous growth over the past 5 years.  She lives in Phoenix, AZ with her husband and two sons. Visit her website https://www.diamondpointhomes.com/----Your host, Brian Briscoe, is a co-founder and principal in the real estate investing firm Four Oaks Capital.  He and his team currently have 629 units worth $36 million in assets under management and are continuing to grow.  He will retire as a Lieutenant Colonel in the United States Marine Corps in 2021. Learn more about him and the Four Oaks team at www.fouroakscapital.com  or contact him at brianbriscoe@fouroakscapital.com - be sure to let him know where you found him.Connect with him on LinkedIn or Facebook.vvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvv> Check out our multifamily investing community!> The Tribe of Titans> Get exclusive access to the Four Oaks Team!> Find it at https://www.thetribeoftitans.info^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

Guest sites January 2021 as the beginning of a very active real estate market. New York City residences, looking to purchase their first apartments, showed interest in studios and one bedrooms; larger apartments followed. Tenants are slowly returning to Class A office buildings; Class B/C tenants are still working from home. Guest believes tenants have greater opportunity to negotiate deals.

Karen steps into the lab with the experience of managing multi-million dollar portfolios for over 25 years at the institutional level. Karen managed over $150 million in fixed income while also juggling the role of Chief Compliance Officer. Her portfolio management experience includes co-managing a $250 million emerging markets fund and relocating an institutional asset management practice from Switzerland to London. Karen has taken her plethora of knowledge of investing and putting it into a new vehicle that can benefit partners in her community as a Principal of East Light Investments — a multifamily investment company. Karen and partners specialize in Class B/C+ properties in Upstate South Carolina, where she currently oversees acquisitions and investor relations. Karen kicks off our local Experiment Series as a true practitioner in the field experimenting with a new change in her career and long-term investment strategy. Get in touch with Karen: Website : http://eastlightinvest.com/ Email: karen@eastlightinvest.com LinkedIn : https://www.linkedin.com/company/67319457/ Facebook : https://www.facebook.com/EastLightInvest/  _____________________________________________ #RealEstatePodcast | #RealEstateAdvice Wanna know more about Barri Griffiths and the WWRE Podcast: https://linktr.ee/wrestlingwithrealestatepodcast The WWRE Podcast is available on all platforms

"I grew up in a trailer and now I own hundreds of millions of dollars of apartments." Devin Elder cut his teeth in the real estate investment industry by building a significant portfolio of single family homes in his hometown of San Antonio, TX. He felt a sense of accomplishment especially given the fact that he "grew up poor" with little access to any other resources, but he realized that he could do better. And do bigger. That's when he started digging into the Class B/C multi-family market in San Antonio where they have built a portfolio of over 2,000 units and have fully integrated their operation with their in-house property management arm. Listen to Devin explain how important it is for them to continue to focus on their home market and how they've positioned themselves to get access to off-market deal flow with their track record and professional reputation. Books: Who Not How by Dan Sullivan https://www.amazon.com/Who-Not-How-Accelerating-Teamwork-ebook/dp/B0867ZJ151 The DJE Foundation https://www.djefoundation.org/

Karen steps into the lab with the experience of managing multi-million dollar portfolios for over 25 years at the institutional level. Karen managed over $150 million in fixed income while also juggling the role of Chief Compliance Officer. Her portfolio management experience includes co-managing a $250 million emerging markets fund and relocating an institutional asset management practice from Switzerland to London. Karen has taken her plethora of knowledge of investing and putting it to a new vehicle that can benefit partners in her community as a Principal of East Light Investments — a multifamily investment company. Karen and partners specialize in Class B/C+ properties in Upstate South Carolina, where she currently oversees acquisitions and investor relations. Karen kicks off our local Experiment Series as a true practitioner in the field experimenting a new change in her career and long term investment strategy. Join us today to find out why she made the switch from institutional corporate portfolio investing to investing for herself and her partners at East Light Investments. HIGHLIGHTS OF THE EPISODE 00:47 - Karen Oeser's investing experience overview 02:30 - Karen Oeser's background 06:46 - Insitutuonal Investing to Multifamily Investing: Why the switch? 10:40 - Multifamily Investing Pros: Stability - Multifamily Investing VS Institutional Investing 13:22 - Multifamily Investing Pros: Control of the investment - Multifamily Investing VS Institutional Investing 15:14 - Multifamily Investing Pros: Tax benefits and transparency 20:05 - Multifamily Investing Pros: Transparency of the investment - Multifamily Investing VS Institutional Investing 27:23 - Karen Oeser's Business Model 32:03 - Accessibility: What it means for Karen Oeser 33:14 - What type of service does Karen Oeser offer? Active Management or Passive Management? 33:14 - Multifamily Investing: Mutually beneficial relationship 39:09 - How to get into Karen Oeser's network 42:47 - The longevity of the Real Estate market CONNECTING WITH THE GUEST Website : http://eastlightinvest.com/ Email: karen@eastlightinvest.com LinkedIn : https://www.linkedin.com/company/67319457/ Facebook : https://www.facebook.com/EastLightInvest/ Website : http://eastlightinvest.com/ Email: karen@eastlightinvest.com LinkedIn : https://www.linkedin.com/company/67319457/ Facebook : https://www.facebook.com/EastLightInvest/

In this episode of Passion for Real Estate Investments, we're covering deals. We will learn what it takes to be an expert deal maker, like the 900-unit owning Kyle Jones of TruePoint Capital. Kyle shares his expertise on structuring deals, building relationships, and handling challenges in the multi-family investing space. Kyle's first taste of real estate began in college, watching the original episodes of “Flip This House”; but, his journey as a real estate investor didn't start until years later, after he did a profitable flip on his own home. As Kyle details with Fuquan, he's been through his share of challenges. He's had deals fall through. He's had property with water leaks that turned into expensive budget leaks. He's had to deal with a lot of the unexpected. One of the unique solutions to a common problem many investors face is scaling up his business. It takes time to produce a good flip and that time is not spent building more profit. While Kyle could wait and slowly build an empire built on house flips, he didn't want to wait. Kyle, like many other investors, turned to multifamily. Getting into multi-family units was only part of the solution for Kyle, though. The other part of the equation was structuring the deal. When you're investing in multi-family units, relationships and systems are crucial to your continued success. You need to build and maintain relationships with brokers, syndicates, and any other members of your team. You have to structure the deal in a way that makes everyone happy. You also have to communicate well with people who are at different levels of understanding when it comes to the numbers. In short, there's a lot going on if you want to get into multi-family investing deals. There is also a lot of money to be made in multifamily and a lot of ways to make that money. Kyle broke down some creative ways behind some of his deals in the episode, including a ground lease and the way he structures deal splits. If you're a multi-family investor who is looking for more insight into challenges that go into structuring a deal or creative ways to structure new deals, this episode will provide that insight from someone who's done hundreds of deals. This episode is also for you if you're a single-family flipper or investor and wanted to know what life as a multi-family investor looks like. Highlights from the Interview Why Kyle's journey into real estate started with “Flip This House” Why real estate investing can be a path to financial and time freedom The BIG problem in scaling single family flips Are there still good returns in the multifamily space? Disadvantages as a multi-family investor How Kyle built a huge real estate empire with just 2 brokers How to build a relationship with your broker….remotely The compression of cap rates and other problems Kyle is seeing in Class B & C properties Why Kyle is focused on the Southeast for investing How to get creative with your real estate deals Big challenges in multifamily investing Splitting the deal so everyone leaves happy Communicating with investors: What's the best way to share results?

For most of us, real estate investing requires a lot of hard work: finding deals, marketing your deals, managing cash flow, managing tenants, and more. What if there was another way? What if there was a way to passively get deals and manage properties without all of the headaches? Lane Kawaoka, an engineer turned investor, found an investing path that worked for him. Starting in college, Lane built a slow-but-steady portfolio of properties but found it hard to scale his investing to boss levels. After he made two shifts in his investing journey, his life changed completely. Lane leveled up his mastermind groups with high net worth individuals with lots of experience. Lane's unique approach to real estate investing doesn't focus on complicated deals or active management because of his goals. Lane entered the real estate market to break free of the rat race. He wanted to work when he wanted and how he wanted. This pursuit of freedom shaped how Lane worked as an investor. Lane just had one problem. It was hard to scale. As Lane describes, two big shifts helped him scale from passive investor to passive investor boss. The first was upgrading his mastermind. At first, Lane felt that investing money in a mastermind was a waste. After he started to see the impact of high-quality masterminds, he went all in. The connections and knowledge he gained from his investments in masterminds completely changed how he viewed investing and helped him capitalize on his network and reputation to build a successful real estate business managing over 2,000 units. (Of course, having an engineering degree and construction project management couldn't hurt either.) Second, he shifted to syndicates of Class B & C multifamily investments and started building stable passive real estate income. By working with smarter people and connecting with people who already had the deals, Lane found a way to profit without having to grind through finding and managing deals. This freed up his time and allowed him to focus less time on actively handling the deal. Having a specific set of reliable cash flow strategies and a mastermind are just two of the tools Lane Kawaoka used to level up his passive investing. Lane also delves into other tools, such as using turnkey properties, syndicates, and buying the real estate business (vs property). He goes into all of these resources and more in the next episode of Passion for Real Estate Investments with Fuquan. If you are a passive real estate investor who wants to level up your investing smarts the easy way, this episode will give you an insider's look at one of the smartest passive real estate investors you will ever meet. Tune in to learn how Lane got to where he is, how he stays sharp, and what he plans to do in the near future to stay competitive and profitable. Highlights from the Interview How Lane successfully scaled from 11 properties to over 2600 multi-family units What's the toughest part of real estate investing? How can a mastermind help you in real estate investing? The importance of network and reputation in getting high-level deals Why you need to balance cash flow to level up your network and your net worth Lane's investing strategy that focuses on Class B & C properties Challenges in multi-family investing How Lane evaluates deals and the syndicates who get his deals Using turnkey for short-term profitability What inspired Lane to start a podcast about passive real estate investing How to scale from investor to business owner The importance of investing in high-quality masterminds Where Lane is looking to invest next

TAKE A LISTEN: Just released from Marcus & Millichap/Old Capital Lending interview John Griggs. Since 2003, John built a solid portfolio of 13,000 units from SFR, Class B and C apartments. NOW, he is building 5500 ground up construction Luxury Apartments. How do you do that? Total Rockstar. Also, listen to RealPage's Greg Willett and CoStar's Paul Hendershot focus on the market trends Nationwide and in Texas. Worth the time investment to be inspired. In this video, John answers questions about: 1) How he transitioned from attorney to Real Estate Investor 2) Starting in 2005 with one 100+ unit DFW deal to 13,000 units today 3) Transition from 3rd party management to self-management during the 2008 recession 4) Raising equity from friends/family to Private Equity 5) Transition from Class B/C to Class A Development 6) Forecasts on interest rates 7) New fund creation 8) Advice for multifamily investors Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast. Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC

In Episode 2 we sit down with Craig Berger, Founder and CEO of Avid Realty Partners. We hear how he went from being a semi-conductor Research analyst to flipping homes on the side and ultimately to syndicating Real Estate deals full time. Welcome, Craig! Avid Realty Partners focuses on buying Class B/C value-add properties in growth markets around the country. Craig can be reached at: craig@arealtycap.com.

Edified Equity Podcast Episode 77: Update, Speaking, and Smart - Slow - & Steady Wins the Race Show Notes: Welcome to the Edified Equity Podcast! My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication. You can learn more about, and follow, us on the Web, iTunes, Anchor, FB, YouTube, Twitter, Linkedin, Instagram, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes. If you Find this information Helpful Please Subscribe, Like, Comment, Rate & Review! Associated Links! Edified Equity Website: http://www.edifiedequity.com/ Edified Equity Anchor Site: https://anchor.fm/edifiedequity Edified Equity Podcast iTunes: https://apple.co/2EUPjvE Edified Equity Podcast PodBean: https://www.podbean.com/podcast-detail/4yxzq-98ef1/Edified-Equity-Podcast Edified Equity Facebook Group: https://www.facebook.com/groups/MultifamilyPassiveCashFlow// Edified Equity YouTube Channel: https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww Twitter: @EdifiedEquity LinkedIn: http://bit.ly/2EMd0WK Bigger Pockets Blog: http://bit.ly/EEBPBlog Instagram dino_pierce TOPICS: New podcast host RSS feed problems Recently spoke Mr. Money Mustache Meetup Excited to back for the 3rd time at the Multi Family Investor Nation Summit, coming up on January 16th thru the 18th. This is a virtual three-day information packed event for multifamily investors, with over 1,000 attendees and over 50 speakers! I’ll be discussing the state of the 2020 MF market. If you are interested and want to save $100 you can grab your ticket and use promo code {DINO} to get $100 off! Visit www.MFINSummit.com! 4.6 million doors in the next 12 years & 40% US households are renting. According to The National Apartment Association 40% of US households are renters. One of the most significant economic issues America faces is affordable housing. There’s a clear lack of new completions in the Class B/C class space. We have HUGE need to fill, and service; furthermore, maintaining affordability is equally important. The National Apartment Association & The National Multifamily Housing Council say as a Nation we have a NEED to address and provide 4.6 million doors in order to meet the affordable rental demand over the next 12 years. Slow, smart, and steady wins the race in syndication & capital preservation is first and foremost. Playing the long game allows us to make smart moves this is business – this is investing this is NOT ego. As investors we only get involved with Investments. Workforce is the place to be it’s not OK to overpay Work with an investment firm that looks for investments NOT one that survives off of fees which means they don’t have to do deals – they only do deals that makes sense. Really good position to be in, as is the MF workforce housing space. I know - that I know - that I know - this is the right space to service & Having a 30 Year Run Way ahead us gives us the opportunity to make smart moves over a long period of time. I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info. I don’t have anything to sell BUT I AM on a mission and I will be delivering quality, consultative, educational, content on a routine basis! Thanks for Tuning in- Make it a great day - you certainly deserve it! This is Dino Pierce CEO of Edified Equity Signing off - Goodbye

Welcome to the Edified Equity Podcast! My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication. You can learn more about, and follow, us on the Web, iTunes, Anchor, FB, YouTube, Twitter, Linkedin, Instagram, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes. If you Find this information Helpful Please Subscribe, Like, Comment, Rate & Review! Associated Links! Edified Equity Website: http://www.edifiedequity.com/ Edified Equity Anchor Site: https://anchor.fm/edifiedequity Edified Equity Podcast iTunes: https://apple.co/2EUPjvE Edified Equity Podcast PodBean: https://www.podbean.com/podcast-detail/4yxzq-98ef1/Edified-Equity-Podcast Edified Equity Facebook Group: https://www.facebook.com/groups/MultifamilyPassiveCashFlow// Edified Equity YouTube Channel: https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww Twitter: @EdifiedEquity LinkedIn: http://bit.ly/2EMd0WK Bigger Pockets Blog:  http://bit.ly/EEBPBlog Instagram dino_pierce Today on Episode 76 of the Edified Equity Podcast I’m touching on our Long Road to Recovery and Recession Obsession   On episode 73, I reviewed Harvard’s 2019 State of the Nation’s Housing Report where I recalled long-time research economist Mr. Rafael Bostick, President and CEO of The Federal Reserve Bank of Atlanta commenting on recessions. He stated recessions "do not die of old age" and noted how this recovery is different. It has been a long - slow recovery and, again, “recoveries do not die of old age.” Despite all the buzz and recession obsession there are parts of the country where employment is not where it was pre-crisis. This means we haven’t fully recovered and, typically speaking, a full recovery comes before another crisis, or recession, so theoretically we still have room for more recovery.  However, recession obsession is doing its best to overshadow the high demand for, and strength of, multifamily workforce housing.   Why is that?  The National Apartment Association’s Units Magazine says it’s simple “Negative news sells, and we are in the longest period of sustained economic growth the U.S. has ever experienced.” There’s no doubt an economic slowdown is going to happen sometime - we’re guaranteed another one BUT the “steep downturn” that everyone is obsessing over may not occur.  Staying on topic specific to multifamily, demand is high, supply is low, vacancy rates are well below normal, affordable apartment communities are positioned to weather the economic storm, and performance remains solid. Let’s put it into perspective from an investment point of view… According to The National Apartment Association 40% of US households are renters. One of the most significant economic issues America faces is affordable housing.  We’re 10 years post the housing crash and there still is not enough housing to keep up with the demand. There’s a clear lack of new completions in the Class B/C class space. We have HUGE need to fill, and service; furthermore, maintaining affordability is equally important.  The National Apartment Association & The National Multifamily Housing Council say as a Nation we have a NEED to address and provide 4.6 million doors in order to meet the affordable rental demand over the next 12 years.  Whether you are a developer or part of an investment firm (passive or active side) that acquires, preserves, and manages existing affordable workforce multifamily apartment communities - we have an important role given the demand. See BLOG...

Smartland's Head of Institutional Investor Relations, Eric Golubitsky, was featured on an Information Management Network (IMN) panel in New York. Eric had the opportunity to speak on Smartland's approach to Class B/C properties, our apartment renovations in Cleveland, and the apartment value-add strategy for the future.

How does one find themselves becoming a syndicator? How does the term “cash flow positive” become the catalyst to becoming an investor and ultimately transforming to a syndicator, running a full-blown investment firm? Today, Annie will share just that! With great advice on positioning investments in a potential looming recession market, to secrets of successful capital raising, this episode will help you learn and consider several aspects to build and improve your own RE career! Asset: Annie and her partner focus on Class B & C value-add multifamily properties. Process: Annie’s process “gem” is automation. In this episode she shares her most preferred tool for streamlining her processes, specifically within operational procedures that are most often repeated, such as email marketing and drip campaigns. In addition, she shares how to strategically position oneself, even during the time of a potential recession, by adhering to specific criteria and standards for market investments. Strategy: Utilizing a syndication strategy, Annie shares how to identify your own passion and maximize your natural strengths within the business. Best yet, listen along for her key advice on being most successful when it comes to capital raising! Annie’s Bio: Annie Dickerson is a co-founder and managing partner at Goodegg Investments, a company that helps people learn about and invest passively in real estate syndications. To date, Goodegg Investments has co-syndicated over $400 million of real estate assets in multifamily, self-storage, and manufactured home parks. How to Contact Annie: Website: www.GoodeggInvestments.com Email: annie@goodegginvestments.com

Are you continuing to acquire assets in 2019? What about in Texas or more specifically, Houston?  In this quick episode we discuss what what Mark Dotzour forecasts for the workforce housing sector of MF assets.  He's predicting the market to continue to be strong in Houston and Texas as a whole. For Houston, he mentioned that because of the 2015-2016 oil bust and 2017 Harvey, Houston has already gone through its recession.  One key point he mentioned was Class B/C workforce housing in Houston is in a negative supply state. Developers only build Class A properties and there is huge demand for B/C properties.  Whether you continue to pursue deals in 2019 or not, Houston... and Texas overall may be a market for you to consider.     

#148: Welcome to a special episode of Ask Paula! Today I’m answering questions about real estate investing, and I’ve brought a special guest on the show to join me. His name is Lucas Hall, and he’s a landlord with 5 properties in three locations (D.C., Virginia and Colorado). He’s also the founder of Landlordology and head of investor relations with Cozy. We met about five or six years ago through blogging about rental properties, and I invited him on the show today to answer questions alongside me. Anonymous asks: If you have significant equity in a home due to market appreciation, what’s the best way to leverage the value of this equity? Should you sell? Refinance? Something else? Here’s a quick snapshot of the answer: You have three options: sell, cash-out refinance, or take out a HELOC. If you’re unhappy with the property, sell it. There’s no reason to hang onto an undesirable or underperforming property. If you choose to sell, use a 1031 exchange to defer taxes on the capital gains and use the proceeds to purchase another property. Be aware, however, that the rules regarding a 1031 exchange are onerous, and there’s a chance that you might either miss the cutoff or you may be forced into trading one mediocre property for another. That said, wanting to tap equity is not a sufficient reason to sell. If you’re happy with the property, keep it and either use a cash-out refi or HELOC to tap the equity. On today’s episode, Lucas and I discuss the pro’s and con’s of both of these strategies, and explain which one is our favorite. (Lucas prefers the HELOC and I prefer the cash-out refi; on the episode you’ll hear each of us explain why.) Richard from Massachusetts asks: I’ve been listening to this podcast regularly, and thanks to this podcast I’ve opened a Roth IRA. I’ve saved $54,000 and I’m interested in investing in a Class B or Class C neighborhood in an out-of-state location. How can I find out if a neighborhood is Class B/C without visiting it? Catherine asks: I’m 27 and need investing advice. I make $75,000 per year and I have $60,000 in retirement savings. I max out an HSA. I have $12,000 in an emergency fund. I live in Los Angeles and I’d like to invest in real estate, but I don’t want to travel to another state. I’ve been thinking about Roofstock; what are your thoughts? Anonymous in Atlanta asks: My wife and I have $500,000 in savings, in addition to our 401k. We keep $130,000 of this in the market. We had an advisor that was charging a 1.6% fee, and we recently fired him. What should we do with the remainder of the cash in our savings accounts? Should we put this in Vanguard funds? I’d also like to get into real estate, but many homes in Atlanta don’t meet the one percent rule. Should we look at foreclosure auctions? Should we look further outside the city? We’re in our early 30’s and would like to retire in around 15 years. We answer these questions in today’s episode. Enjoy!

Thomas & Timothy Black are brothers and principals at Napali Capital, LLC.   Napali Capital acquires and operates Class B & C apartments. Tim recently retired as the chief operating officer for GREAT WOLF LODGE corporation.  Tom is currently an EMERGENCY ROOM DOCTOR that also helps physicians and other high-income professional overcome career crisis by teaching them how to expand their personal net worth through passive income real estate.  What a combination! These brothers have something going for themselves.   Why should doctors look into investing in commercial real estate?  Tom reflects on the high rate of burn out with critical care professionals.  In the last three years…6 in 10 emergency room doctors are burned out with the excessive amount of hours worked, government intervention, lawsuits, patient satisfaction and declining insurance reimbursement.  Tom acknowledges that physicians have high income, but they have limited personal net worth. Typically, physicians are not financially savvy due to the time that is needed to learn and master their medical craft. What medical school fails to teach doctors, Dr. Black educates. Tom’s newly released book is called “The Passive Income Physician.”  Tom shares a memoir/ guidebook that helps high-income professionals understand how passive income through commercial real estate investing can help buy back your freedom. The book has a very “Rich Dad / Poor Dad” theme.  Contact Tom & Tim Black at http://freedomintheblack.com/author/tomblack/  “The Passive Income Physician” is at https://www.amazon.com/Passive-Income-Physician-Surviving-Expanding/dp/0692827404  To receive our FREE 15 page WHITE PAPER REPORT on the 2017 FUNDAMENTALS OF MULTIFAMILY FINANCING 101 and to learn more about upcoming events at Old Capital Speaker Series please visit us at OldCapitalPodcast.com Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn about Michael's Real Estate Syndication business with SPI Advisory LLC

Chris Deuillett and Danny Baker Chris has been selling older (Class B & C) apartments in the Dallas market for 17 years. Chris comes from a family of real estate professionals; his two brothers and father are in the business. Danny is originally from Wisconsin and has been selling newer (Class A, A-, B+) apartments in the Dallas market for 7 years. CBRE is a Fortune 500 company that represents buyers and sellers of all different asset classes throughout the globe. In 2016, the Dallas CBRE office did over $1.5 billion in multifamily sales. Perspective: Chris is seeing a lot more buyers in the market with less inventory than last year. The biggest challenge today; too many buyers, not enough sellers. DFW market is one of the top markets in the country for rent growth & occupancy on already built apartments. The amount of new construction supply of apartments in Dallas is a concern, but not too big because the new construction does not really compete against older assets with lower rent costs for work force housing. The recent rise in interest rates did have some effect of the reducing the value of assets. Advice: When sellers are listing their properties: have a good story on what the next buyer can do to increase value and also do not change management companies right before you decide to sell. How does CBRE help the seller choose a new buyer? Have your ducks all lined up; financing, equity, initial rehab budget, management company review operations and then actually visit the property. CBRE uses a questionnaire to qualify a potential new buyer and when a potential buyer is identified, they will do an introduction call with the buyer and seller. Doing well on the phone interview with the listing agent and the seller is critical. Why are sellers selling today? Loan is maturing or partnership has completed their original business plan. Building a personal relationship with the listing broker is critical to your success.  Contact: Danny Baker at danny.baker@cbre.com or Chris Deuillett at Chris.Deuillet@cbre.com  To receive our FREE 15 page WHITE PAPER REPORT on the 2017 FUNDAMENTALS OF MULTIFAMILY FINANCING 101 and to learn more about upcoming events at Old Capital Speaker Series please email us at INFO@OldCapitalPodcast.com Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn about Michael's Real Estate Syndication business with SPI Advisory LLC

The Old Capital team talk about interest rates rising at the end of 2016 and its direct impact on loan proceeds, future of apartment investing throughout Texas and the nation and challenges with underwriting on specific transactions. Old Capital closed over $420 million in loans in 2016. DFW will have over 25,000 new unit apartment deliveries for 2017 Still concerns in Houston and west Texas. Fannie Mae Green Program can reduce your interest rate up to 33 basis points  Challenges with buying apartments in smaller markets with military concentration Freddie Mac Small Balance loan is now available up to a $6 million loan amount Cross Collateralization can be a solution in bank financing  Rebuild Ability issues. Can property be rebuilt if more than 50% is destroyed in fire? Financing Challenges with environmental issues. Rent growth. Class A rent growth is slowing. Class B & C is much better.  Houston is a preview market with Fannie Mae and impact on financing apartments Focus on location and quality of the asset when buying. Old Capital brings “certainty of execution in lending and closing”. - Old Capital Speaker Series presents Gregg Willett, Chief Economist with Real Page for March 8th Grapevine Convention Center. RSVP at info@oldcapitallending.com - Old Capital Speaker Series presents Dr. Mark Dotzour, Former Chief Economist from Texas A & M Real Estate Center on April 26- Grapevine Convention Center. RSVP at info@oldcapitallending.com To receive our FREE 15 page report on the FUNDAMENTALS OF MULTIFAMILY FINANCING 101 and to learn more about upcoming events at Old Capital Speaker Series please email us at INFO@OldCapitalLending.com Interested in learning more about how Multifamily Financing and connecting with Michael Becker and Paul Peebles. Contact: MBecker@spiadvisory.com or PPeebles@oldcapitallending.com  Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn about Michael's Real Estate Syndication business with SPI Advisory LLC. Did you know that when you leave a positive review on iTunes it improves our ranking and helps us recruit great guests? Can you leave us a positive comment at the Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles? Click here to leave a review on iTunes