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Don Copeland, a Product Manager with ColDesi will be joining the 2 Regular Guys to talk about commercial DTF Printing. DTF is the buzz of the industry over the past year, and Don will help us understand the differences between commercial printers and the DIY machines that are flooding into the marketplace. Brought to you by: Our Success GroupOur regular listeners know this, but 2 Regular Guys are all about garment decorating, a bit of fun, and no rants or lectures or selling. We are not doing this for our employers, but rather for our industry. Since February 2013, The 2 Regular Guys have been the first and the most listened to garment decorating industry podcast on this planet! We are humbled by all of you tuning in each week. We work hard to bring you information that will make your business better, and our industry better. Take a look at our incredible weekly guest list and you'll understand where this industry goes for news, interviews, and the heartbeat of garment decorating. Thanks for listening! News DOV CHARNEY, FOUNDER AND FORMER AMERICAN APPAREL CEO, FILES FOR BANKRUPTCY Dov Charney has once again made his way into headlines. The former American Apparel founder and CEO has filed for personal bankruptcy in Los Angeles, along with his latest business venture, a vintage clothing store. According to the Business of Fashion website, Charney was forced into bankruptcy court because he owed $30 million to a New York-based investment firm, Standard General, involved with American Apparel. In the 1990s, Charney built American Apparel into a major retailer based in Los Angeles. The company became publicly traded in 2007, but shortly after, Charney was forced out as the company began losing money. According to various reports at the time, the board ousted Charney in 2014 in light of his inappropriate behavior and constant sexual harassment accusations, among other things.Terry: If any of our listeners attended or exhibited at Graphics Pro Expo last week in Irving, Texas, we'd love to hear any updates you have.Dad Joke: A geometry joke - Everybody loves a good geometry jokeKnow what's under the Bermuda Triangle?A wreck-tangle Commercial DTF Printing Aaron: Don Copeland has been in the decorated apparel and graphics industry for over 30 years. He has been involved in the development and growth of digital products - ranging from DTG to UV to DTF - at ColDesi, Inc. (Tampa, FL) since 2004. Currently, he is Product Manager for digital inkjet products involving these products as well as helping with the development of new and emerging digital technologies.Terry: Let's start by talking about direct-to-film (DTF) printing. Explain to our listeners what it is, and when did it begin?Aaron: How has it impacted the industry so far?Terry: Talk about what you described to us as a DIY DTF printer.Aaron: What are the costs of the prints. Film, ink and powder.Terry: This will not be like the desktop variety of printers. What are the requirements for power, footprint, even getting the printer through the door?Aaron: Don, you were there in the early DTG days. What about white ink issues with these printers?Terry: Talk to us a little about what's required for maintenance. Do you need to print daily?Aaron: We hear some questions out there in the industry about air filtration of the adhesive powder. Is that a concern, and how does Coldesi address it?Terry: Everyone is dealing with supply chain issues. How are things going for you guys?Aaron: Where can people connect with you to learn more? Facebook Live Video #5Things 5 Reasons to Keep up with Continuing Education From Erich Campbell - ErichCampbell.com Improve your existing skills Stay up to date with new techniques, equipment, and materials 'Test out' decoration techniques, roles, or business directions with professional guidance. Increase your confidence. Make connections with like-minded, growth-oriented people. Be Part of #5Things If you would like to present your 5 Things,
Bulletproof Cashflow: Multifamily & Apartment Investing for Financial Freedom
Leslie Smith spent more than two decades in the commercial lending business and got to know the real estate game very well. In 2016, she led the launch of Commercial Direct and since then, works with investors to help them get their deals funded, grow their real estate businesses, and make significant gains to their portfolios. Leslie's superpower is landing financing in situations where many banks won't.
Leslie E Smith, Managing Director of Commercial Direct Lending is interviewed in this episode. Follow Adam on Instagram at Ask Adam Torres for up to date information on book releases and tour schedule. Apply to become a featured co-author in one of Adam's upcoming books: https://www.moneymatterstoptips.com/coauthor --- Support this podcast: https://anchor.fm/moneymatters/support
Leslie led the launch of Silver Hill Funding as well as Commercial Direct, and oversees sales and operations for the entire small-balance commercial lending division. She has been instrumental in driving productivity and growth for nearly a decade within the Bayview organization. Leslie’s key contributions include building a banker education program, managing the top 50 correspondent relationships, and leading expansion into international markets, as well as overseeing Project Management, Vendor Management and Process Engineering groups within Bayview Loan Servicing. Connect Linkedin – https://www.linkedin.com/in/leslieeborjas Twitter – https://twitter.com/CommDirectLoans Facebook – https://www.facebook.com/CommercialDirectLending/ Youtube – https://www.youtube.com/channel/UCzXoV851O4pxDnuWQ7KGfug Website – https://silverhillfunding.com/leslie-e-smith/ People Mentioned Michelle Obama – https://twitter.com/MichelleObama Resources One Note – https://www.onenote.com Books Becoming by Michelle Obama: https://amzn.to/2zawa4r
Leslie Smith is with Commercial Direct, an online based commercial lender who specializes in unusual commercial opportunities. Her take on commercial lending is a little non-traditional. But they've been in business for 20 years. A fascinating and refreshing approach.
Leslie led the launch of Commercial Direct and oversees sales and operations for the entire small-balance commercial lending division of Bayview Asset Management, headquartered in Coral Gables, FL. She has been instrumental in driving productivity and growth for nearly a decade within the Bayview organization. Leslie’s key contributions include building a banker education program, managing the top 50 correspondent relationships, and leading expansion into international markets, as well as overseeing Project Management, Vendor Management and Process Engineering groups within Bayview Loan Servicing. An experienced financial services professional with more than 20 years in the industry, she is a frequent speaker and presenter for national publications and media outlets. Podcast Highlights Who is Leslie Smith? Leslie started her career in a banking call center. That experience taught her to be fast on her feet and solve problems really quickly. This is where she developed her “spidey sense” superpower and allowed her to adjust to what her customers need and adapting to that. She later moved on to another company that was originating commercial loans which is how she got into the loan business. When Leslie was young, she wanted to be a Supreme Court Justice. Leslie has always aimed high for her career. Commercial Lending Small balance means a lot of things to lots of people. It typically means $250,000 to $2 million and Leslie’s average loan size is $400,000. Leslie’s company fills an important gap in the market because most lenders are looking to loan out much larger amounts. Business owners that have made it through the recession have a story that says a lot about them. The person on the other side is almost as important as the data analysis that goes into making a deal. Leslie’s business looks at more than just tax returns to understand how healthy someone’s business is. Tax returns are just a snapshot in time and don’t tell the whole story. What could people do better to get access to the financing they are looking for? People often underestimate how important their story is. Lenders want to know what your objective is and what your expected outcome is. Most people that come to Leslie don’t really have a good response to that question. After the credit score, the most common reason someone is declined is inconsistencies in their story. What challenges do women face in the commercial lending world? One of the biggest challenges is representation. It’s hard to come into an industry without seeing someone like you that has done it already. Leslie stopped taking it too personally and instead thinks about the misperception as an opportunity to open people’s minds to what is possible. Early Challenges Hiring the right team is definitely a challenge. Hiring slow and firing fast is very important, as an entrepreneur you don’t have the luxury of wasting money on a lot of bodies. Look for the unicorns, people that can take on a number of different roles. Don’t just focus on your industry, look at other industries and what’s happening around you to make your thinking more free. The most successful entrepreneurs are focused on solving a specific problem. Commercial lending is a problem that many people need a solution to and Leslie is grateful for her chance to solve those problems. Real estate has a place in everyone’s portfolio, one way or another. The Perfect Loan There is no real perfect deal in Leslie’s world. She is agnostic to industry and business because they are looking motivation and circumstances very closely. L
Leslie has over 20 years of experience in the financial services industry. She works with commercial investors and helps them get their deals funded. She’ll get creative and they will finance in situations where a lot of banks will not. Hear what lenders like Silver Hill are looking for in their clients. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “The story tells us a lot more than what we see on paper” - Leslie Smith Leslie Smith Real Estate Background: Managing Director for Commercial Direct, a consumer facing direct lender Led the launch of Silver Hill Funding in 2016 Experienced financial services professional and thought leader with more than 20 years in the industry Based in Coral Gables, FL Say hi to her at Best Ever Book: Something in the Water Get more real estate investing tips every week by subscribing for our newsletter at Best Ever Listeners: Do you need debt, equity, or a loan guarantor for your deals? Eastern Union Funding and Arbor Realty Trust are the companies to talk to, specifically Marc Belsky. I have used him for both agency debt, help with the equity raise, and my consulting clients have successfully closed deals with Marc’s help. See how Marc can help you by calling him at 212-897-9875 or emailing him
FAR 197 Leslie Smith, Commercial Direct Expected Air Date: 10/15/18 Opening Leslie Smith led the launch of Silver Hill Funding in 2016, and is building on that experience to spearhead the launch of the consumer-facing direct lender, Commercial Direct. An experienced financial services professional and thought leader with more than 20 years in the industry, she has been instrumental in leading multiple initiatives that expanded companies into international markets, as well as developing systems and programs to drive operational productivity and efficiency. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: FlipStarter Nov 2-3, Atlanta, GA Lunch with me every Wednesday. Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm. Guest: Leslie Smith, Commercial Direct Lending Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: questions@flippingamericnanetwork.com Tell us where you’re from! Sonia, Madison, WI “I was channel surfing while driving through Milwaukee the other day and caught a bit of your show. Good information. I’ve love those house flipping TV shows! How would a person go about getting into this business?” Sandra, Long Beach, CA “I’m thinking about buying a couple of rental houses up in the Valley but at over 2 hours of driving each way, I don’t want to have to be running up there every time someone needs a light bulb changed. What options do I have?” Kwame, Cincinatti, OH, “Do I take a great deal on an old house with a big rehab or an ok deal on a 6 year old house with a light rehab. I listen to you show - I can’t do both.” Samuel, Pittsburgh, PA, “Do you think the Steelers have a realistic shot at the Super Bowl this year? Just kidding. My real question is after Saturday do you think Notre Dame should still be a top ten team? Still kidding. Seriously, what are the best 2 or 3 ways to look for my next rental? I have a good job, just trying to buy 1 rental every year. I have 2 already. I bought the first one before I heard of you and bought the second one after listening to your show for awhile. The second one is doing much better. I like managing myself and plan to do that until I get to 8 or 10.” Risa, Atlanta, GA and San Juan, PR. “Are the principles for investing on the mainland the same as in Puerto Rico? I’m thinking about buying a vacation rental back home.” Motivational Thoughts for the day Earn a lot so you can have a lot so you can give a lot. -Tom Olson
Commercial Direct featured on 21st Century Television