Podcasts about Gregor

Laurence Holmes opened his show by taking calls from listeners as everyone got prepared for Game 4 of the American League Division Series between the White Sox and Astros on Tuesday afternoon. Later, Scot Gregor of the Daily Herald joined the show live from Guaranteed Rate Field to set the scene for the White Sox-Astros matchup. See omnystudio.com/listener for privacy information.

Lovers of technical yoga talk rejoice! In this extraordinarily geeky interview Gregor sheds light on nuances of pranayama and meditation practices described in great detail in his books. We also talk about his most recent book about the Map of Transformative States and get a glimpse into the upcoming work with a fascinating discussion on mudras. This is a great interview for everyone going deeper into the higher limbs of Ashtanga Yoga.Show notesOn Stanislav Grof and Aldous HuxleyChakras and brain circuitsOn Nadi Shodhana and types of visualisationsIsta Devata visualisation in KumbhakaSurya vs Chandra BhedanaOn relationship with the spirit worldOn Basti kriyaKundalini rising techniques and EgoMudras!Things to consider when sequencing different practicesTo find out more about Gregor's teaching, learning materials, courses and in-depth blog article visit https://8limbs.com/Check out new books by Gregor Maehle: CHAKRAS, DRUGS AND EVOLUTION: A Map of Transformative States“How To Find Your Life's Divine Purpose: Brain software for a new civilization”Head over to www.escaping-samsara.com to discover more episodes.Feel grateful and would like to support us? Thank you!Here is our PAYPAL or  PATREON account for contributions.

Mit der Plattform Vereinsticket digitalisieren Gregor Demmer und sein Team die breitflächige Vereinslandschaft in Deutschland. Warum eine ganzheitliche Digitalisierung im analogen Sport der nächste Game Changer sein wird und warum Tech-Unternehmen nicht nur Entwickler, sondern unbedingt auch mehr als einen Vermarkter einstellen sollten, hörst du in den Best-of-Seven. Gregor erzählt, wie er lernt, besser zu Netzwerken, warum ihn ein gesunder Realismus stets im Sinne der Sache weiterbringt und was dennoch sein bisher größter Fehler seiner Karriere war. Wie sich das deutschsprachige Sportbusiness in den nächsten 10 Jahren nicht nur generationsbedingt verändern wird, hörst du in den Best-of-Seven.  Shownotes: Shownotes unter: https://sportsmaniac.de/episode305 Hier geht's zum Interview mit Gregor: https://sportsmaniac.de/episode304 Vernetze dich mit Gregor Demmer auf LinkedIn Alles zu Total Fansports findest du hier: https://www.total-fansports.com/ Alles zu Vereinsticket findest du hier: https://www.vereinsticket.de/ Folge Vereinsticket auf Facebook, YouTube, Instagram und LinkedIn Meine Buchempfehlungen: https://sportsmaniac.de/books  Mehr zu unserer Podcast-Agentur Maniac Studios: https://maniacstudios.com Du willst einen Podcast starten oder als Partner im Sports Maniac Podcast werben? Hier anfragen: https://danielspruegel.com Abonniere den Sports Maniac Podcast auf Apple Podcasts, Google Podcasts, Spotify, Deezer, Soundcloud oder TuneIn Abonniere das Weekly Update: https://sportsmaniac.de/weekly-update Bewerte den Sports Maniac Podcast: https://sportsmaniac.de/bewertung Kostenfreie Facebook-Gruppe: https://sportsmaniac.de/community FACEBOOK: http://facebook.com/sportsmaniacDE INSTAGRAM: http://instagram.com/danielspruegel TWITTER: https://twitter.com/DanielSpruegel LINKEDIN: https://www.linkedin.com/company/sports-maniac Mein Podcast-Equipment: https://sportsmaniac.de/meinsetup

Rund 24 Millionen Mitglieder zählen deutsche Vereine insgesamt. Die ehrenamtsgetragene Vereinslandschaft ist in vielen Fällen geprägt von analogen Prozessen und ineffizienten organisatorischen Abstimmungen. Damit dies nicht so bleibt, hat es sich Vereinsticket zur Aufgabe gemacht, die bestehenden Probleme zu lösen sowie gleichzeitig die enormen Potenziale zu heben und unternehmerisch zu nutzen. Denn die Zukunft des Amateur- und Breitensports ist digital. Im Sports Maniac Podcast sprechen wir mit Gregor Demmer, CEO & Co-Founder von Total Fansports, darüber, wie Vereinsticket Vereinen hilft, den (notwendigen) Digital Change zu vollziehen. Die Themen im Überblick: Vision eines bargeldlosen Sportplatzes Problemfelder im Amateursport Enorme Potenziale durch digitale Lösungen Große Reichweite durch Multiplikator-Effekt Bottom up Ansatz statt Top Down über Verbände Refinanzierung durch Sponsoren Attraktive Zielgruppe im Sport Ganzheitliches Denken statt Insellösungen Gründungsprozess Bei FLYERALARM sports können Unternehmen und Vereine in wenigen Minuten ihren individuellen Shop erstellen und dabei aus Top-Marken wie adidas, NIKE und Co wählen. Der Logo-Druck ist kostenlos und es gibt für alle Nutzer*innen aktuell einen Rabatt von bis zu 50 %.  Jetzt sofort ausprobieren unter: https://sportsmaniac.de/teamshop (*Sponsored) Shownotes: Shownotes unter: https://sportsmaniac.de/episode304 Die Best-of-Seven mit Gregor gibt es ab Freitag hier: https://sportsmaniac.de/episode305 Vernetze dich mit Gregor Demmer auf LinkedIn Alles zu Total Fansports findest du hier: https://www.total-fansports.com/ Alles zu Vereinsticket findest du hier: https://www.vereinsticket.de/ Folge Vereinsticket auf Facebook, YouTube, Instagram und LinkedIn Sponsored: In wenigen Minuten zum eigenen Teamshop - jetzt testen unter https://sportsmaniac.de/teamshop Mehr zu unserer Podcast-Agentur Maniac Studios: https://maniacstudios.com Du willst einen Podcast starten oder als Partner im Sports Maniac Podcast werben? Hier anfragen: https://danielspruegel.com Meine Buchempfehlungen: https://sportsmaniac.de/books  Abonniere den Sports Maniac Podcast auf Apple Podcasts, Google Podcasts, Spotify, Deezer, Soundcloud oder TuneIn Abonniere das Weekly Update: https://sportsmaniac.de/weekly-update Bewerte den Sports Maniac Podcast: https://sportsmaniac.de/bewertung Kostenfreie Facebook-Gruppe: https://sportsmaniac.de/community FACEBOOK: http://facebook.com/sportsmaniacDE INSTAGRAM: http://instagram.com/danielspruegel TWITTER: https://twitter.com/DanielSpruegel LINKEDIN: https://www.linkedin.com/company/sports-maniac Mein Podcast-Equipment: https://sportsmaniac.de/meinsetup

A new episode of The DFO Rundown is here to bring you into the weekend! This week's episode was loaded with interesting topics as Gregor and Seravalli started things off by digging into the news that the Vancouver Canucks have gotten their two RFA's signed. From there they got into 'Buy or Sell' and a Pacific Division Preview with Tyler Yaremchuk.    In the second half of the podcast, they welcomed Rob Rossi from The Athletic to talk a little Pittsburgh Penguins. The team won't have Sidney Crosby or Evgeni Malkin to start the season and that really makes things interesting as they head into what could be a pivotal year for the organization. Could this be the final year for the likes of Malkin and Letang in Pittsburgh? Rossi gave us some fantastic insight.

Hugh Woozencroft is joined by Gregor Robertson and Ian Hawkey.Chelsea left Turin disappointed after a 1-0 loss at the hands of Juventus. Did they miss Mason Mount and why couldn't Romelu Lukaku get into the game? (00:00)Should Villarreal have had the game wrapped-up way before Cristiano Ronaldo scored Manchester United's winner? Hugh thinks so and Gregor isn't far behind him (5:30)PSG beat Manchester City 2-0, but with over twice as many shots and other stats in their favour - were City just unlucky on the night? What positives can Pep Guardiola take from the game? (15:00)Liverpool did by far the best of any British sides in Europe this week with a 5-1 win away at Porto. Bobby Firmino scored twice, but is he set for an upcoming battle for his starting position? (22:27)Real Madrid lost to Moldovan minnows Sheriff Tiraspol on Tuesday evening - was this a one-off or are there bigger issues at the Bernabéu? (29:34)Barcelona have bigger problems on their hands after a 3-0 loss at Benfica. Will the club ever be a European great again? (34:24)It's been suggested this week that there'll be an upcoming initiative encouraging former players to become referees. We grill our own ex-player on whether he thinks he's be a better referee having played the game professionally (43:30)Get more of The Times and The Sunday Times for less than £1 a day. Start your free trial: thetimes.co.uk/thegame See acast.com/privacy for privacy and opt-out information.

Endlich ist auch mal das Nintendo Entertainment System im Plauschangriff dran! Im ersten von zwei ausführlichen Teil quasselt Gregor mit Sia nicht nur über die Entstehungsgeschichte der Konsole, auch das Zubehör und die wichtigsten Spiele-Reihen werden adäquat beplappert.

All year long Jose Abreu has been getting hit by inside pitches. On Monday enough was enough. Scot Gregor of the Daily Herald thinks it could be an added spark at just the right time for the White Sox. He joins us to talk about what he saw, and conversations with Abreu about his tendency to get plunked. Gregor also has insight into the team's expectations for Carlos Rodon and the ALDS pitchig rotation. We also explain why the White Sox pitchers have a big advantage over Astros pitchers, and it all centers around Dylan Cease. Brought to you by Family Waterproofing Solutions! Listen. Subscribe. Share. Call 708-459-8406 and leave your comments and questions for the next episode! Chris Lanuti and his buddy Ed sit at his 9-foot homemade oak bar in a basement on the South Side of Chicago to discuss his favorite team - The Chicago White Sox. Subscribe now on Apple Podcasts, Spotify, EVERYWHERE podcasts can be found and ALWAYS at SoxInTheBasement.com! Soxtoberfest is here, and our next stop is 10/2 at the Evergreen Park Oktoberfest! Free admission to this family-friendly event going from 2-9pm at 3450 W 97th Street. Local restaurants, live music, and beer from Open Outcry Brewing Company. Plus, we'll be there with swag and fun! Join us!

We talked to Ole Sasse and Gregor Zeitlinger, Senior Engineers at Zalando and leaders of their “Kotlin Guild”, about the weather in Spain and Germany, but more importantly, about how Zalando has successfully introduced Kotlin on the server-side. Ole and Gregor talk about the way that Kotlin engineers organize themselves inside Zalando, using their “Guild” model which allows engineers across different teams to share knowledge with each other and learn about new and more complex topics and libraries together. In addition to Android and frontend, Zalando's logistics department uses Kotlin to build server-side microservices. We learned about the frameworks their engineers use, including Spring and Ktor, and how Kotlin was first introduced at Zalando and integrated seamlessly with their pre-existing custom libraries, earning an “Adopt” spot in Zalando's Tech Radar (https://opensource.zalando.com/tech-radar/). Together, we also tackled one of the classic questions about Kotlin: how do you get people on board? Gregor shared his insights on the topic, and how to get people to have their first “a-ha” moment with Kotlin, and Ole chimed in with more information on convincing Scala versus Java developers. We also learned why most teams using Kotlin for the backend prefer to write their whole services in Kotlin code, and saw the contrast with Zalando's mobile application development, among many other topics. Explore more about Kotlin and Zalando: Zally, A minimalistic, simple-to-use API linter from Zalando: https://github.com/zalando/zally “How we use Kotlin for backend services at Zalando”: https://engineering.zalando.com/posts/2021/07/kotlin-for-backend-services.html Do Kotlin at Zalando: https://jobs.zalando.com/en/jobs/?search=kotlin Zalando Engineering: https://engineering.zalando.com/

Hugh Woozencroft is joined by Gregor Robertson and Jonathan Northcroft.Nuno returned to Molineux and left with a Carabao Cup victory over his former side. Pep Guardiola can't make his mind up if he likes the competition or not and Manchester United crash out (00:00)Reading are set to be deducted points due to breaching EFL financial rules. In the same week Derby County were hit with a 12 point penalty - is the desperation to get into the top flight going too far? (18:26)Arsenal and Spurs have been off the pace in recent matches and with the first North London derby of the season on Sunday - is this the most irrelevant Premier League match-up ever between the two sides? (30:32)Spennymoor Town will play a game on Sunday with heading only allowed in the box in the first half and no heading whatsoever allowed after the break. Head for Change are the charity behind the research - but would the lack of heading ruin the beautiful game? (50:03)Hendon FC beat Hammersmith FC 36-0 in a league match, so we end on memorable maulings and everyone fails to believe Gregor has only played in a side that lost 5-0 (54:46)Get more of The Times and The Sunday Times for less than £1 a day. Start your free trial: thetimes.co.uk/thegame See acast.com/privacy for privacy and opt-out information.

Many investors buy with the intention of holding forever. But things can change and you should have an exit plan. In this episode, Tom and Emil discuss why having an exit strategy is important and how to be thinking of the right one for your property. --- Transcript  Before we jump into the episode, here's a quick disclaimer about our content. The Remote Real Estate Investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from Roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals.   Tom: Greetings, and welcome to the remote real estate investor. On this episode, I'm joined by   Emil: Emil Shour.   Tom: And today we're gonna be talking about buying with an exit in mind. So in other words, how to think about the eventual sale and if you're going to sell at the point where you're doing your acquisition. Alright, let's jump into it.   Emil, I am a big fan of this topic. And shout out to Pierre, for identifying this as a discussion point for today. So to reiterate, we're gonna be talking about buying with the exit in mind. And I think what before we get into the specific strategy points, as considerations is really important to think about buying with the exit in mind. Emil, I'd love to hear you riff on this.   Emil: It is, it doesn't seem like it is when you're buying your first property. And I'll tell you from experience, but years later, you will start thinking about a lot more as you buy properties and wishing you had thought about it a little bit more down the road, even if you know you're going into this and I'm holding forever. That may not always be the case. And you may want to sell down the road, especially when you know, you've done this thing for many, many years, and you're just ready to get out of business or whatever it is, it's always good to think of the end in mind.   Tom: I, the way my thought processes change, I've always been very, I buy hold forever, all that stuff. But the way I've evolved thinking about it is keep the capital in play forever. So you know, you can sell your property and have an exit in mind. But just roll it over with a 1031 and keep that capital in play. And there's plenty of good reasons to do that. Perhaps you're leveling up into you know, a two for one property is converting that 1031 or perhaps you're consolidating regions, I did that I did that with my first 1031 moving out of one market and doubling down into a different market. So just because we're thinking about the exit in mind doesn't necessarily mean that we're exiting the capital and I just need redeployment. So this discussion is very specific to the exit of the either redeployment or perhaps you have the money.   Emil: Yep.   Tom: Alright, so the first topic that I want to talk about with thinking about the exit in mind relates to thinking about who your potential buyers are. So, Emil, why would you ever notice up with a couple of buyers in a start discussion?   Emil: Alright, so I'm gonna be assuming we're talking about single family homes here. So when you are selling a single family home, luckily, you have two buyers, unlike multifamily, commercial, we're only really selling to investors, but the single family you could sell to an owner occupant, or you can sell to another investor who is like you probably buying it, wanting it to be a rental wanting to collect rent, wanting all that stuff. So you have two options with a single family in place versus a multifamily or commercial property.   Tom: Yeah. And I think what's a good way to think about that is, you know, how can you maximize, we're going to maximize the value for the various different types of buyers that you have. And I'm gonna reword that just a little bit. So next, I'm gonna start with analogy, a smart mouse has multiple holes to run to. and applying that smart mouse analogy here is one of the great things about SFR is having two different sellers to sell to so I think Emil is gonna talk about example in a minute with related to, you know, nicer homes.   Emil: So to give them like a good example here of how you are maximizing your sale price by having multiple people, I think that's actually one of those unique things, single families, you can sell to an owner occupant. And so this is something I realized, after I bought properties in areas that, you know, the neighborhood's score, the neighborhood quality isn't as high schools aren't as good. But that on paper yield looks great, right. And so I'm traveling seeing these higher cash flow properties.   And having and having property, they're nicer neighborhoods, probably the less nice neighborhoods, I can tell you, I weigh this a lot more now in thinking about the exit. The property, the nice neighborhoods, they appreciate more, and again, you can sell them to owner occupants, down the road. And the reason that's great is that they are an emotional buyer, right, they feel that your home, they really want it, especially right now you think we're in a bidding wars, you got people bidding up prices, all that stuff, that's the type of person you want to sell to, obviously, you can sell to an investor as well, they're gonna look at the numbers, you know, if you have a tenant in place, we'll talk about how you can sell that. But failing to know document is a great option there emotional if you want to sell to.   Tom: Yeah, selling to attend in place is a really interesting strategy to implement and adjust within your ownership. So one of the early funds that I worked at, they did a lease purchase option is one of our main products. And what they did with that is they collected a little bit of a premium of rent and also collected a bigger deposit that they eventually converted into the downpayment, should the tenant convert on their lease purchase option. So I think there's a couple companies that are doing that now. They're specializing these lease purchase options, where within the lease the tenant have the opportunity to buy. But I think that's like a really interesting strategy, kind of sub strategy of thinking about the exit in mind having an actual lease purchase option. And if they're able to purchase the property, awesome, then you know, you convert on your exit, and if they're not, yeah, there's a lot more upside of the rent that you've collected.   Emil: Do you know if you as the owner can, like once you sign that contract with a tenant, like let's say, it's two years by the end of two years? Because it has the option to buy it? Or do you get final say like, Oh, no, the markets gone up? 10 20%? More? I don't want to sell it anymore.   Tom: Good question. I mean, I think there there is some whitespace, or I guess, flexibility and how these are structured, the way that we had our lease purchase options is they were predefined prices upfront. And it was a little bit of a risk reward for everybody in that if the price isn't appreciated beyond what the predefined prices were on paper, then great for the tenant who's buying the property. If they if they didn't, then I think there was like a little bit of a decrease in the price. I don't even like really meaningful. But eventually as that company got bigger and you know, had more sophisticated investors that were investing in this property management, you know, owner operator, they decided they didn't like that feature of our leases, at least cuz they weren't able to control the exit, you know, they wanted to hold on as long as the candidate and like lease purchase option.   But I think as an individual investor, I think there are, you know, are some advantages for having this type of lease in place with, you know, the premium and renting and that and typically like a better tenant, you know, you could be like, Hey, you know, this is your house that you're buying, you know, you're less likely to have what was the hammer party Michael Zuber talks about, somebody brought hammers and just hammer the house for a party. So that's what's likely to happen.   The other potential seller out there that I think anyone who owns real estate is probably getting hit up is these these institutions or I buyers that are making these offers kind of on the spot. I know I've received them from Redfin, from all these all these other companies. And I think it's, it's a nice kind of validation on the price. I think if I was to sell to one of these companies, I want to really be really thoughtful and looking at what I think the price of the property is compared to what they're offering. And it can make sense. But away at an important thing about the ibuyer pieces, you need to be in a market in which those ibuyers operate. So if you're buying real estate in really little little itty bitty markets, you're less likely to have that as an option into selling to one of these I buyers or, or institutions.   Emil: Yep. And the other person sending those mailers is maybe not ibuyer, but someone who may be a wholesaler, or they're an investor themselves, right? Like I'm sure you get that I buy houses letters, I get paid like five a week right now. I just wanted someone to buy your house all cash offer. So that's another investor who's may not be an institution or big company, but is, you know, small, private and buying homes for their own portfolio.   Tom: I'm getting better at explaining I buyers, I think I might just explain it for those who are not familiar with that term. So historically, real estate has been a dealer model, excuse me a broker model, right, where there's someone in between selling to a buyer and a seller. But what's happening in the industry is they're moving to more of a dealer model where there's this ibuyer in between who buys the property, and then, you know, perhaps does make some margin because they have their own title company, they do their own this, and then they sell it. So they take actual ownership. And I'd say comparing the traditional broker versus a dealer model where and ibuyers, a dealer modeling tons and tons of money going into the space and doing that you look at Zillow and Redfin and all those companies.   And it's interesting, I, you know, I don't want to divert the conversation too much. But I would be concerned about nooit, where there's any kind of downfalls in the market, you know, I buyers is holding a lot of inventory on their books. But it was more money moving in space. So anyways, that's the other consideration in with buying with the exit in mind is kind of what are the buyers in the space and having that as an exit, and final thoughts on selling to?   Emil: Those are the big ones.   Tom: Alright, so lastly, we're going to talk about considerations with the exit in mind selling the property occupied or vacant. So I think timing is a really important consideration if you do have a very specific exit, timing in mind, monitoring that lease. And, you know, perhaps structuring the leases, so they've ended up in a peak sales time where you want to be a seller could that could be in the summer when School's out and all of that good stuff. So that's an important consideration in with buying with the exit in mind with occupied properties.   Emil: Yep, good one in that you know, just general property management, you don't want to be having to fill especially if you're in the Midwest or somewhere it's called having to backfill a tenant during during the winter time. And the same thing with with selling right, it's you want to be selling in the summer in the spring, that's just when there's most activity most people buying so lining it up properly can help you maximize a good price as well.   Tom: I will throw in a little Roofstock plug though. So as a big reason why rootstock was created the marketplace just to make it really efficient to buy and sell occupied property either. For some of those who have an earlier episode, we had Gregor Watson, he was one of the co founders, he had this awesome story where he was working for a fund that owned 1000s of homes and he went into a realtor and in Dallas, he says, hey, I've got 1000 homes I want to sell, do you want to sell them and the broker of that realtor like, you know, his put his hands on his chin was thinking about it. He's like, I can't I can't sell your homes. And Gregor was like, why not? This has gotta be the biggest boon for your business ever. And the guy's like, I don't have 1000 signs. It was that moment that Gregor was like wow, this is a market opportunity to be able to… But anyways, I diverge. If you are thinking about selling, you know, with occupied properties like Roofstock was basically built for that to, to do that make it really efficient. So you don't have to vacate the tenant and all of that good stuff. So…   Emil: Have you had you sold a property? I know you and I both bought to Roofstock?   Tom: Yes.   Emil: I have actually sold as well have you?   Tom: I have, I've sold occupied and vacant.   Emil: Nice. I sold only occupied, one last year.   Tom: One last year, nice. 1031s are real 1031s are real. Got some exciting content coming up around the pike related to 1031. We will share probably in late September, early October. So lots of fun, fun things around that. I think a key takeaway from this session is, you know, you should buy with the exit in mind, even if you plan on holding forever, because it could be just a matter of redeploying capital. Because you never know necessarily as your strategy evolves and to have those that optionality is really important to think about.   Any final thoughts Emil?   Emil: No, you know, just again, think about even if you go in, I had the same kind of I'm gonna hold forever, life happens things change. Yeah, you may feel differently. Always think even if you don't plan on selling, think about if I were to sell just take those considerations in mind. It'll it'll help you make a smart decision long term, I think.   Tom: Totally. Yeah, I think it's been an evolution for me as an investor is thinking kind of ahead of that next step. like okay, what does an exit look like this property? Yeah, like that. Definitely.   Alright, guys. Well, thank you so much for listening. I hope you enjoyed the episode and please like, subscribe, wherever you're hearing us and as always, happy investing.   Emil: Happy investing.    

Podcast that focuses on all things Rainbow Six Siege.

Hugh Woozencroft is joined by Gregor Robertson and Alyson Rudd.Cristiano scored twice on his return to Old Trafford. Has he silenced the doubters and does he have special powers at the club? (00:00)Were the club right to welcome Ryan Giggs back for the game - especially given the allegations against Ronaldo? (09:35)Sunday Times Reporter David Walsh joined us to describe the atmosphere at Old Trafford after watching Ronaldo's return (15:30)It was a mixed weekend for Liverpool. Mo Salah scored his 100th Premier League goal, but the injury to Harvey Elliott overshadowed everything. Gregor gives his opinion on the tackle and red card as a former professional (26:38)Arsenal finally got their much-needed win, but does this mean they're on an upward trajectory from here on? (47:54)After a weekend of debuts - we pick our favourite and not-so-favourite debuts of the past (55:38)Get more of The Times and The Sunday Times for less than £1 a day. Start your free trial: thetimes.co.uk/thegame See acast.com/privacy for privacy and opt-out information.

Ein Kanal, ein paar Köderfische und keine Ahnung. Wir wollen Aale angeln und helfen soll uns unser Kumpel Gregor. Mit Ruten, Campingstühlen und Kopflampen geht’s an den Teltowkanal. Nicht nur bekannt für seinen Aalbestand, auch berüchtigt für die imposante Wildschweinpopulation. Gregor erklärt uns, wie er die Würmer beködert, so dass es die Fische besonders anlockt. Apropos Gerüche: Gregor hat noch gute Tipps, wonach eure Hände nicht riechen sollten, denn Aale haben einen extrem feinen Geruchssinn. Außerdem zeigt er Euch, wann der Schnurzug an der Rolle wirklich "fischig" ist. Tja, und dann explodieren die Aalglöckchen förmlich. In kürzester Zeit geht’s von völliger Ekstase zu sehr langen Gesichtern. Richtig harter Fail. Getreu dem Motto: Aale oder keiner!

Episode 70 "Infested" and "War-Mantle" Welcome to episode 70 of Radio Free Endor, and The Bad Batch Report where we catch up week by week with Clone Force 99 and there escape from the newly formed galactic empire.  Am Jamie you host and with me is my son Christopher. S1-E13 "Infested" The Bad Batch return from a mission to find Cid's Parlor under the ownership of crime boss Roland Durand. They find Cid outside, and she reveals a plan to take back the parlor by stealing a shipment of spice from Roland that is intended for the Pyke Syndicate. The Bad Batch and Cid enter her office via underground tunnels infested with a hive of Irlings. They successfully retrieve the spice, but are chased down by Roland's guards who awaken the hive. The group escape from the tunnels, but the spice is taken by the hive. They are caught by the Pykes, who take Omega hostage while the Bad Batch and Cid retrieve the spice from the hive. The Pykes then let Cid reclaim her parlor. S1-E14 "War-Mantle" The Bad Batch are contacted by Rex, who asks them to help clone commando Gregor who is sending a distress signal from the planet Daro. At the source of the signal, they find an Imperial base where conscripted troopers are being trained by clone commandos to replace the clone trooper army. Hunter, Tech, and Echo infiltrate the base while Omega and Wrecker stay in the ship as backup. The Bad Batch rescue Gregor, but Hunter is captured during the escape. On Kamino, Lama Su and Nala Se plan to escape after the Empire cancels their clone army contracts, but they are caught by Admiral Rampart, who has use for Nala Se as a scientist but not for Lama Su. 00:00 The Bad Batch Intro 01:47 Hellos and Welcome 03:45 The News 32:20 The Bad Batch Report S1E13 42:25 The Bad Batch Report S1E14 66:50 End of the Show 71:36 Bonus Bit: How it should have ended: Lama Su If you want to have a say about anything Star Wars or the podcast then drop us an email or record a voicemail on your phone or pc, it can be as long as you want send them to us at radiofreeendor@gmail.com   Our website http://www.southgatemediagroup.com/radio-free-endor-star-wars-podcast We are also one Discord, so join us for a live discussion https://discord.gg/MWDqudzj Also if you would like to support the show the please head over to my Patreon page. https://www.patreon.com/sirjedijamie Links   Star Wars: Visions | Special Look | Disney+ https://youtu.be/b9Gr9gKFxpE Heres a link so you can help me out to rebuild my pc after the fire https://gofund.me/811bb551 TIE Fighter Remastered - Star Wars Anime Short Film https://youtu.be/E9GRYa_3gno Radio Free Endor on YouTube https://www.youtube.com/channel/UC1JMM-D7FLuVEQrlXnXz1OQ Brand New Tee shirts available at Tee Publichttp://shrsl.com/?icde @radiofreeendor radiofreeendor@gmail.com @Jamie_R_burns sirjedijamie@gmail.com @ghostheadsuk ghostheadsuk@gmail.com Christopher Burns @BurnedChris @FSJamOrg Southgate media group @SMGPods Search for us on Twitter, Facebook, Instagram and YouTube

I'm joined by Pete and Gregor to discuss the fabulous win at Cardiff. Just how good are Weimann and Martin as a duo? How much improvement have we seen in Massengo? What's this about tugging on the train?

Das Ende und der Höhepunkt der Jubiläumswoche! Stay Forever wird zehn Jahre alt und zehn befreundete Podcast- oder Youtube-Projekte haben sich je zehn Minuten Zeit genommen, um an einer ungewöhnlichen Folge mitzumachen. Wir haben die reizenden Kolleginnen und Kollegen gebeten, sich je ein historisches Spiel auszusuchen, das auf einem Film basiert – und das knackig in zehn Minuten zu besprechen. So ist eine 100-Minuten-Folge entstanden, die ihresgleichen sucht: abwechslungsreich, lustig, informativ. Wir danken den teilnehmenden Menschen (in der Reihenfolge ihres Erscheinens): Beitrag 1: Den Rahmen setzen Hardy, Ben und Daniel von den Nerdwelten. Beitrag 2: Heinrich und Jörg, die Spieleveteranen, mit dem zweiten Spiel zum Film Dune. Beitrag 3: Micha, Maurice und Dimi von GameStar mit einem Spiel aus dem Star-Wars-Universum. Beitrag 4: Mháire und Nico von Orkenspalter TV mit dem Spiel zum Film Jurassic Park. Beitrag 5: André und Sebastian von The Pod mit dem Spiel zum Film Aliens. Beitrag 6: Onkel Jo und Sven vom Start and Select mit dem Spiel zum Film Robocop. Beitrag 7: Gregor und Fabian vom Plauschangriff mit dem Spiel zum Disney-Zeichentrickfilm Aladdin. Beitrag 8: Max, Chris und Dominik von Radio Nukular mit ihren Lieblings-Filmumsetzungen. Beitrag 9: Daniel und Fritz von Gametube mit einem Spiel zur Fernsehserie Star Trek: Voyager. Beitrag 10: Bastian und Reinhard von Alliteration am Arsch mit Alien vs. Predator. Durch das Programm führt Nino Kerl von Ninotaku TV.

Harry Broad reviews Steve Hansen: The Legacy by Gregor Paul, published by HarperCollins NZ.

Today I'm focusing on what is happening with Gregor and why he didn't execute Order 66. We find Gregor as a Clone Commander training TK Troopers on Daro for the New Empire. Gregor is completely free thinking compared to other clones who are much more dogmatic and altruistic about the Empire's authority. The majority of clones are fully behind the Empire's plans to systematically force their control across the galaxy. So what is going on with Gregor? How is he able to resist the Empire's control? Listen as we explore what is happening with Gregor and how he is immune to Order 66. Learn more about your ad choices. Visit megaphone.fm/adchoices

Russ and Adam talk about the terrible voice acting in Transformers Kingdom, Adam watched Snake Eyes and we focus on Gregor in Bad Batch! Woot! --Nathan       

OTB AM checks in with Gregor Paul from the New Zealand Herald as the All Blacks click in the Rugby Championship, but off-field issues are causing unease. OTB AM is in association with Gillette | #BestFaceForward

Welcome to Star Wars Reactions!After some unexpected time off due to COVID, hosts Aaron Harris and David Modders are back with an all new review of the 14th episode of Star Wars: The Bad Batch, “War-Mantle”! Together they react to the episode, breakdown the plot points and discuss the return of Clone Commando Gregor! Plus David brings us an all new Psychology Corner and Aaron has this week's SW Dad Joke of the Week!Star Wars Reactions: Elegant discussions for a more civilized age!Check out our website!Follow us on Twitter!Like us on Facebook!Follow us on Instagram! Send us your thoughts and feedback via email!Follow Aaron and David on Twitter!Follow David on Instagram!Contact Aaron and David via email!

This week on The DFO Rundown, Frank and Jason were joined by one of the newest members of the San Jose Sharks: Andrew Cogliano. The NHL veteran talked about the early days of his career with the Edmonton Oilers, the free agent process (which he experienced for the first time), and why he decided to stay on the west coast. From there, they also talked about the idea of ‘loving the game' and how his relationship with hockey has changed since he was a fresh-faced rookie almost 15 years ago. They also talked about what's next for ‘Cogs' and what he wants to do after his playing career is done. Gregor also opened up a conversation about officiating in the game and got Cogliano's take on the way things have changed over the years and how he would like to see the games called. To wrap things up, they looked back at his time with the Dallas Stars from how sideways last year went to how much he enjoyed being in the organization.

Force Toast: It's gross, gooey stuff*. But it's stuff. Laura played a trivia match at Schmoedown Collision and she's in AARP now. Those two things aren't related, but now you know.The Banthaverse is coming back soon and it's bringing Alyce with it! And not just any Alyce – Alyce with a beard and laser sword and *checks notes* a Maggie Smith impression?Star Wars: Galactic Starcruiser is coming next year and YIKES we hope you all spent the pandemic building a time machine so you could go back to 1993 and buy Apple stockWatch a roundtable of Imagineers talk about what guests can expect from forthcoming immersive hotel experienceIt's early days still, but we've got a Star Wars Celebration tip for you in this episode Put on your readers, Millennials! Tamagotchis are coming back.Question: What do green beans, grammys and gospel have to do with Star Wars? Answer: this house on ZillowICYMI: Krystina Arielle of The High Republic Show hosts a panel with the 5 Star Wars: The High Republic authors about their next books at SDCC 2021Could Star Wars Jedi: Fallen Order get a sequel? It sounds like that's the planNot to bury the lead, but Star Wars: The Bad Batch is getting a second season! Let's get that time machine back out and take it to 2022!Recap on Tap: The Bad Batch episodes 13, 14 and 15, including SPOILERS! Roland is the Christan Gray of Star Wars, mommy issues and all. Gregor is back and he, like PB2 protein powder, is a bit nutty. Then episode 15 gives us Part 1 of the season finale and it is here to tear you down emotionally and THEN it has THE AUDACITY to make you wait a week to watch Part 2. Get excited for new episodes of Force Toast back to back! We'll drop our next episode on Tuesday, August 17th that will include our discussion about The Bad Batch finale! See you next week! Helpful links referenced in this episode:Schmoedown Collision aired LIVE on YouTube on July 31. The Star Wars match coverage begins around the 1 hour mark.The Return of the Banthaverse is upon us! Star Wars: Episode 2.5 written by A.I. premieres August 14 and will star Alyce as Jedi Master Obi-Wan Kenobi Twitter: @forcetoastpod | @sLeiaAllDay | @ShutUp_LauraInstagram: @forcetoastpodEmail: forcetoastpod@gmail.comWebsite: forcetoastpod.com*This podcast contains a sh!t ton of profanity and boozin. You can find a bleeped version of this podcast absolutely nowhere. Cheers!

“The cloud is a change in operating model. It isn't IT procurement. If you don't change the way your organization works, the cloud is going to look much more like another data center.“ Gregor Hohpe is the author of “Software Architect Elevator” and “Cloud Strategy”. In this episode, Gregor started our conversation by explaining the role of a software architect, the reason for the latest resurgence of the role, and his software architect elevator concept. He then described what a good architecture should look like and how to deal with trade-offs by using the analogy of financial options. We then discussed in-depth about the cloud and why adopting cloud requires a lifestyle change in order to benefit from it the most. Gregor also described why organizations need a good viable cloud strategy and debunked the concern of many organizations on cloud vendor lock-in. He also gave his tips on how organizations should approach building an in-house cloud platform and how to change the organization structure to embrace the cloud better. Towards the end, do not miss our insightful discussion on Gregor's law of excessive complexity! Listen out for: Career Journey - [00:06:48] Software Architect Role - [00:07:48] Software Architect Elevator - [00:12:07] An Architect Stands on 3 Legs - [00:14:37] Good Architecture - [00:18:08] Trade-offs - [00:21:09] Definition of Cloud - [00:25:55] Cloud is a Lifestyle Change - [00:28:56] Motivation for Moving to the Cloud - [00:32:18] Cloud Strategy - [00:36:43] Building up Cloud Strategy - [00:39:36] Patterns & Antipatterns - [00:43:57] Cloud is Not an Infrastructure Topic - [00:49:29] In-house Cloud Platform - [00:52:38] Gregor's Law of Excessive Complexity - [00:57:39] Organization Structure - [01:01:37] 3 Tech Lead Wisdom - [01:05:16] _____ Gregor Hohpe's Bio As an Enterprise Strategist at AWS, Gregor advises CTOs and tech leaders in their organizational and technology platform transformation. Prior to joining AWS, Gregor served as a Smart Nation Fellow to the Singapore government, as technical director in Google Cloud's Office of the CTO, and as Chief Architect at Allianz SE, where he oversaw the architecture of a global data center consolidation and deployed the first private cloud software delivery platform. He is an active member of the IEEE Software advisory board. Follow Gregor: LinkedIn – https://www.linkedin.com/in/ghohpe/ Twitter – https://twitter.com/ghohpe The Architect Elevator – https://architectelevator.com/ Cloud Strategy – https://cloudstrategybook.com Our Sponsor This episode is proudly sponsored by Emergence, the journal of business agility. This quarterly publication brings you inspiring stories from the most innovative companies and explores themes of new ways of working, reclaiming management, and humanizing business. Each issue is hand illustrated and 100% content. Use the promo code “techlead” to get a 10% discount on your annual subscription. Visit businessagility.institute/emergence to get your edition and support the publication supporting your podcast. Like this episode? Follow @techleadjournal on LinkedIn, Twitter, and Instagram. Pledge your support by becoming a patron. For more info about the episode (including quotes and transcript), visit techleadjournal.dev/episodes/50.

We all love a good movie night! 

The Bad Batch infiltrate an Imperial base in order to rescue the clone commando, Gregor. Naturally, not all goes according to plan.

The Bad Batch infiltrate an Imperial base in order to rescue the clone commando, Gregor. Naturally, not all goes according to plan. On this fully armed and operational episode, we discuss: Gregor's return to Star Wars and his history, Hunter's reluctance to accept this mission from Rex, Omega and Echo's insistence they take the mission, What Project War-mantle means for the clones, The fate of Nala Se and Lama Su, What is going on with other clones, and What does Crosshair have in mind for Hunter. Thanks for joining us for another episode! Subscribe to Podcast Stardust for all your Star Wars news, reviews, and discussion wherever you get your podcasts. And please leave us a five star review on Apple Podcasts. Follow us on social media: Twitter | Facebook | Instagram | Pinterest | YouTube. T-shirts, hoodies, stickers, masks, and posters are available on TeePublic. Find all episodes on RetroZap.com.

Dave Gregor of Morta Skuld calls into the hole! heavyholepodcast.com Voicemail - 631 837 3274 Music Featured - Morta Skuld - Dying Remains Morta Skuld - Suffer for Nothing

In the most recent episode of Star Wars: The Bad Batch, we re-meet Gregor, and discover that he's defecting from the Empire but didn't need his inhibitor chip removed to do it. So how did he (and other clones) resist Order 66? Punch it! ***I'm listener supported! Join the community at http://Patreon.com/sw7x7 to get access to bonus episodes and other insider rewards.*** 

In Hour 4 we were joined by TSN's Ryan Rishaug & Gregor's nemesis John Dumont

In this episode of Rule the Galaxy Joe and Alfie cover a number of Star Wars Topics. The Big reveal...Alfie's Mando helmet arrived and it looks glorious! Now he has to wait until January 2022 for the Boba Fett helmet. @thedavemjones is the winner of the Black Series Jaxxon figure! A special Thank you and tip of the cap to all involved with the Star Wars Report Podcast. It has been my pleasure listening to you for the last ten years...Riley, Bethany, Mark and Bruce...you have all been great for the Star Wars community. Thanks Riley for being a guest on our show. Mando Season 3 is underway! We are all looking forward to August 25th for the Mando season 2 finale behind the scenes show on Disney+ Alfie and I were not the biggest fans of Bad Batch 13 - Infested but it was a beautiful episode and we hope that some of the storyline and characters come back to play a bigger role in future episodes.  Both of us loved every moment of Bad Batch 14 - War Mantle. From the opening scene to the closing scene this episode is what we signed up for! Gregor returns. Hunter finally uses his skills. Seeing what is going on between the Kaminoans and Empire was great. The complex felt like the Death Star, the music added so much to those scenes.Hunter being left behind, per his command, and the emotions from Omega was great. Crosshair and Hunter reunited at the end...where does this all go? @rulethegalaxysw  on Twitter rulethegalaxysw@gmail.com Rule the Galaxy on YouTube and Facebook

Gregor returns! This week we break down The Bad Batch S1:E14 War-Mantle! Links: Star Wars Origins Fan Film Get Thank the Maker merch: thankthemakermerch.com Support Thank the Maker on Patreon: patreon.com/thankthemakerpod Follow Thank The Maker on social media: instagram.com/thankthemakerpod twitter.com/thankthemaker Follow the hosts on social media: instagram.com/adamtheskull instagram.com/williamryankey instagram.com/nickbayside twitter.com/adamtheskull twitter.com/williamryankey twitter.com/nickbayside --- Support this podcast: https://anchor.fm/thankthemaker/support

Laurence Holmes opened his show by welcoming on Cubs manager David Ross to discuss his feelings on the organization recently trading iconic players in Anthony Rizzo, Javier Baez and Kris Bryant and how he'll remember them. After that, Scot Gregor of the Daily Herald joined the show to discuss the White Sox's additions ahead of the trade deadline and how the front office has left no doubt that the team is going for it this season. Later, Holmes conducted his Top 5 Tuesday segment, sharing his favorite Oreos. See omnystudio.com/listener for privacy information.

Gregor! Fr. Andrew and Angela discuss the Bad Batch's rescue mission and how it embodies their new identity of helping those in need, which is now more important than even getting paid. They also talk about the trust the squad has and how that trust is tested when Hunter is captured. The post The Bad Batch, Ep. 14 – War-Mantle appeared first on SQPN.com.

*** SPOILERS FOR THE BAD BATCH, S1E13 & 14 "Infested" & "War-Mantle" **** Bad Batch recap has returned with our friends from Convor Call, Corey and Aubree! We chat about the season so far, clone commando Gregor, and of course Fives and Kix are tossed into this conversation as well. The official "Echo sniffing the mantell mix" count still stands at two. (But one honorable sniff from Hunter sniffing some sticks.)    Thank you for joining us Corey & Aubree! The Convor Call-  YouTube Twitter Corey- Twitter Aubree- Twitter Welcome to HoloNet Marauders! Our Patreon, bonus episodes & behind the scenes! HoloNetMarauders Tweets  Crew this episode- AJ - Instagram , Blog Jamie - Instagram, Twitter, Blog Matt- Blog --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/holonetmarauders/support

Michael and Nathan react to seeing Gregor and Captain Rex in the action packed episode, which ended with Crosshair confronting a captured Hunter. They discuss whether the last 2 episodes will be in 2 parts and give their predictions as to how the show could end.

Liz and Sal talk with Eric Strothers (The Bad Motivators, The Sith List) about The Bad Batch Episodes Infested and War-Mantle! Everything from rock star scheduling, Grasso hugs, Roland Durand is fancy, underground bugs, musical clip shows, this is a costume trooping podcast now, Kaminoans have nothing but chill, Rex is busy but needs help, insert Gregor laugh here, Clone Commandos and TKs, Tarkin's budget problems, and how much is chip and how much is choice! Tweet at @EricStrothers Check out The Bad Motivators Podcast! Check out The Sith List Podcast! Enjoy, subscribe, and share the Rogue Rebels Podcast! Click here for Rogue Rebels Podcast Bad Batch Spotify Playlist! Follow the Rogue Rebels EVERYWHERE! IG: @TheRogueRebels Tweets @RogueRebelsFam The Rogue Rebels on FB RogueRebels on Twitch Thursdays at 3pm PST --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/rogue-rebels/message Support this podcast: https://anchor.fm/rogue-rebels/support

Johnamarie and Maria discuss the Star Wars: The Bad Batch episode "War-Mantle." Topics include the word "mantle" and how it applies to Hunter and Omega, Gregor and Crosshair being held against their will, Tech using outdated information and getting his team into trouble, the Kaminoans and the forgotten contingency plan, the activity on Kamino and why troops are being mobilized, what might happen next between Hunter and Crosshair, Omega potentially bringing allies to help rescue Hunter, Echo potentially leaving the group, Johna's overactive imagination and how that affects the way she watches the show, and more! Twitter: @BlueJaigEyes, @Whovian214, @GeekyBubblePod Email: geekybubblepodcast@gmail.com

John and Derek get together to chat all about Star Wars The Bad Batch Episode 14 "War-Mantle". We discuss all the big moments, revelations and some Easter eggs in our spoiler filled chat. The Bad Batch Episode 14 "Infested" Synopsis Series Created by:  Jennifer Corbett, Dave Filoni, Brad Rau Episode Written by: Damani Johnson Story Editor: Matt Michnovetz Episode Directed By: Steward Lee In the middle of another off-world job for Cid, The Bad Batch are contacted by former Clone Captain Rex. He's received a distress call from a former comrade, CC-5576 also known as Captain Gregor, from the planet Daro. Convinced by Omega that it's their duty to help, the team go to Daro to find the missing trooper. On Kamino, under direction from Vice Admiral Rampart, every clone trooper, young and old, in the cloning facility is ordered to leave the planet. Prime Minister Lama Su is even more concerned at these events as the Empire has cancelled all contracts with the Kaminoeans for any future cloning and so he arranges transport off planet for all essential workers including himself. Back on Daro while trying to locate Captain Gregor, Hunter discovers a massive hidden facility in the mountains. Security is high but despite the overwhelming odds Hunter, Tech and Echo find and free the missing Captain. During their escape, in a tussle with these new “TK” troopers, the Bad Batch discover these are not Clones. Captain Gregor reveals that this facility is filled with volunteers loyal to the Empire under Project “War-Mantle.” These new recruits are known as “Storm-Troopers” and there is an endless supply of them in the galaxy. With the Bad Batch stranded on top of the mountain pursued by Storm Troopers, Wrecker and Omega fly the Havoc Marauder in to save them. In the confusion of the rescue, Hunter falls out of reach and he orders the batch to leave him behind and they reluctantly comply and Hunter is taken prisoner. Meanwhile on Kamino, Vice Admiral Rampart discovers the Kaminoan escape plot and feeling that politicians will be of little use to him, Rampart takes Nala Se and her team of scientists with him and orders for the Prime Minister to stay behind. As Hunter stews in his prison cell on Daro he gets a visit from Crosshair. He was hoping they'd catch the full team, but Hunter will have to do. The Bad Batch Cast Dee Bradley Baker as Hunter, Echo, Wrecker, Tech, Crosshair, Rex and Gregor.Michelle Ang as OmegaBob Bergen as Prime Minister Lama Su Gwendoline Yeo as Nala SeNoshir Dalal as Vice Admiral Rampart and Stormtrooper Feedback for Star Wars The Bad Batch Episode 14 Once you've watched the episodes you can email us to feedback@tvpodcastindustries.com, you can message us @TVPodIndustries on Twitter or join our Facebook group at https://facebook.com/groups/tvpodcastindustries and share your thoughts in our spoiler posts for each episode. Follow us and Subscribe to the Podcast If you want to keep up with us and all of our podcasts, please subscribe to the podcast over at https://tvpodcastindustries.com. Where we will continue to podcast about multiple TV shows we hope you'll love. Next time on The Bad Batch Podcast We'll be back next time for our Star Wars The Bad Batch Episode 15 which airs on Friday August 6th 2021. This was our 601st episode of TV Podcast Industries. If you enjoyed this podcast we have hundreds more episodes about everything from Marvel to DC, Star Trek to Star Wars, Invincible to The Boys, Penny Dreadful to Lovecraft Country and much much more just check out "TV Podcast Industries" where ever you listen to podcasts. https://open.spotify.com/show/71WiYolZMPxB7QVSTMZ5zk?si=cfJJtlesRW6re3g26vRCCA Until then, Keep Watching, Keep Listening and Keep Trooping. Derek, Chris and John TV Podcast Industries Creative Commons Music by Jason Shaw on Audionautix.com All images and audio clips are copyright of Disney,

The Father: Anthony (Academy Award Winner Anthony Hopkins) is 80, mischievous, living defiantly alone and rejecting the carergivers that his daughter, Anne (Academy Award Winner Olivia Colman), hires to assist him. Yet help is also becoming a necessity for Anne; she can't make daily visits anymore and Anthony's grip on reality is unraveling. As we experience the ebb and flow of his memory, how much of his own identity and past can Anthony cling to?   Supernova: Sam (Academy Award winner Colin Firth) and Tusker (Academy Award nominee Stanley Tucci), partners of 20 years, are traveling across England in their old camper van, visiting friends, family, and places from their past. Following a life-changing diagnosis, their time together has become more important than ever until secret plans test their love like never before.   Our guest, Gregor Collins, started his career in Los Angeles, producing reality TV, then later shifted gears to acting, performing on stage, television, and in independent feature films. His writing and acting have been featured in The Los Angeles Times, The Guardian, Huffington Post, Publishers Weekly, Cinema Editor Magazine and many others, as well as on Off-Off Broadway stages across New York. Gregor travels around the world as a keynote speaker for his books, “The Accidental Caregiver” and "The Accidental Caregiver Part 2.”   You can find his book, The Accidental Caregiver: How I Met, Loved, and Lost Legendary Holocaust Refugee Maria Altmann on amazon.   Don't forget to subscribe, download, and review to share your thoughts about the show!   To find out more about Bobbi and Mike or the inspiration behind this podcast, Rodger That, head over to rodgerthat.show.

You may know Torrie from his podcast "Spunk Speaks Sex" but did you know he used to f*ck his stuffed animals til they were filled with cum?!? Follow/Hire Torrie on IG: @TorrieGregor Rate and Review this pod!! Sign up for the patreon (patreon.com/towerbottom)!! Put your mental health first ALWAYS!! --- Send in a voice message: https://anchor.fm/goodsodpod/message Support this podcast: https://anchor.fm/goodsodpod/support

Entertainment NEWS | MOTU and Snake Eyes | All C's Collector's Edition Ep 109. Bringing you the latest and hottest in collecting news, sports, and entertainment.   LISTEN ANYWHERE YOU LISTEN TO PODCASTS iHeart Radio: https://www.iheart.com/.../269-all-cs-collectors-edition.../ Podbean: https://www.podbean.com/ea/pb-fmmcx-e63056 YouTube: https://www.youtube.com/channel/UCfdVG-vJ8rNYIjyIOUJ50Kw   All C's Collector's Edition EP 100-109 Playlist ** https://youtube.com/playlist...   Connect with ALL C's Collectibles on Social Media: FB: https://www.facebook.com/AllCsCollectiblesInc TW: @allcscolorado IG: @allcscollectibles   QUESTION OF THE DAY — What is your FAVORITE NEW release TV/Movie?   #comics #podcast #wrestling #marvelcomics #diamondcomics #dccomics #collecting #toddmcfarland #spiderman300 #boxbreak #allcscollectibles #ksproductions #footballcards #cardbreaks #donruss #milehighsports #allcsgamingarena #podcastnation #wrestlingnews #comiccon #fanexpo #allcsfanexpo #coins #goldandsilver #markets   In this video – Entertainment NEWS | MOTU and Snake Eyes | All C's Collector's Edition Ep 109

Gregor bringt ans Licht, dass Annalena zu Schulzeiten eine hervorragende Weitwerferin gewesen sein muss. Erweist sie sich für Franzi als Top-Trainerin oder Top-Täuscherin?

We chat about feeling ill, Gregor's joke, we listen to some listeners songs See acast.com/privacy for privacy and opt-out information.

Single-family rentals (SFR) are having a moment, with significant momentum in rent levels and values. Build to rent is the gateway drug to SFR, with new groups entering the sector left and right. Aggressive assumptions and favorable deal terms are necessary to execute a portfolio transaction. Considering this, how do investors get in on the action in such a competitive market? Roofstock's VP of Business Development, Clayton Wyatt has answers for you in this episode. --- Transcript Before we jump into the episode, here's a quick disclaimer about our content. The remote real estate investor podcast is for informational purposes only and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from Roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals.   Michael: Hey, everyone, welcome to another episode of remote real estate investor. I'm Michael Albaum, and today I'm joined by Roofstock, VP of Business Development, Clayton Wyatt. And Clayton is going to be talking to us today about some of the things investors need to be aware of, and things they can do to win portfolio deals. Alright, let's get into it.   Clayton Wyatt, thank you so much for taking the time to join us today. Really appreciate it.   Clayton: Yeah, happy to be here.   Michael: And so I would love if you could give our listeners a little bit of background on who you are as an individual and what your role is at Roofstock specifically.   Clayton: Yeah, who am I as an individual, I don't know if I want to bore the audience. But I mean, I'll give a little bit of background, you know, came from real estate, private equity and investment banking, you know, background, you know, Rich and I both spent a lot of time at Jeffrey's covering the single family rental space, including, you know, waypoint which obviously Gary was the the CEO of and, you know, all the way, way back to when waypoint was ramping up to go public. And we ended up merging them into, you know, a spinoff from Starwood into a public reit, and, you know, covered them as a public company. So when, you know, rich, and Gary and Gregor had co founded Roofstock, I stayed behind and had done some, some read coverage, mostly in the residential space, but also started a cover, you know, some prop tech companies, as we started to see more of these technology companies getting into the real estate space.   And so, you know, groups that were like an Opendoor, or an Offerpad, or, you know, Point or Unison, or some of these mortgage companies really starting to see a lot, a lot more of those, those groups come into the space, because residential is a massive asset class. Right. And so similar to, you know, Roofstock there was there was a big Tam available for for groups to cover. So it's been a little bit of time there. And then, you know, finally got an opportunity to come over to Roofstock, about three years ago, and primarily spending, you know, my time in the in the business development team, which, you know, obviously, we handle the portfolio transactions, but also a lot of the, the JVs and interesting relationships that we've got going on there, including, you know, the recent announcement we had with JLL, that made an investment into rootstock, and then obviously, we set up a joint venture with them and with the acquisition of stessa. So I would say, majority of time spent there, but also, you know, at a at a corporate level, you know, any any capital markets activities, so rather that's, you know, US structuring, you know, debt or equity, but also on the investment services side, where we have clients coming in that are looking for advice on putting credit facilities in place or debt products, spending a little time there with with the broader team.   Michael: Right on.   Clayton: Does that work for an overview?   Michael: Yeah, that was great. That was great. And so for those of our listeners that might not be familiar with the private equities market, what is covering something mean, you talk about covering a read or covering SFR? as an asset class?   Clayton: Yeah, So just as an investment, you know, banker, you're, you're really a, it's a client, you know, driven business. And so covering a company is really, you know, you're the point of contact for that company for all the services that, you know, the bank can offer to them. So rather, it's advisory on selling a large portfolio, or accessing the public markets for either equity or debt. You know, we're a coverage officer in the sense that, you know, if, if you want to do any of those services, we sort of help you set up any of those products or access those markets.   Michael: Perfect. Okay. Thanks for clarifying. So today, what I really wanted to chat with you about is what you're seeing in the marketplace, in terms of how to win portfolio deals, both on the institution side of things, and then also for your individual or retail investor. What are some things that have changed in the in the landscape and what are some things that folks are doing to win portfolio deals?   Clayton: Yeah, so I mean, a couple of things that I would say just stepping back First, you have to recognize the size of this market. Right. And single family rental is not a new industry, it's not a new marketplace, but it's been new to institutions, just over even the last decade. And SFR, we've been saying this for a while, but SFR is definitely having a moment. And the market is very hot, you're just seeing record amounts of new capital, particularly at an institutional level flowing into the space. And if you compare that to, you know, other real estate asset classes, there's there's a massive gap between the the percentage of ownership at an institutional level versus the smaller retail, you know, investors one off investor.   So within let's just look at multifamily residential as a comparison, I think the the quote unquote, institutional ownership in that space is 30 35%. And it kind of depends on how you classify institutional investors could be a little bit higher, within SFR, it's still two or 3%. So you've got this, 10x, opportunity or more right, to to capture more of that class from an institutional level. And once use in any of these real estate classes, once you've seen institutional money come into a space, it's not like it retracts and then exits the space, right? It just continues to be more and more institutional, so that that's a huge opportunity, I think from a, you know, from a retail ownership or a smaller, you know, investor ownership, because that means that your portfolio is likely going to be worth more money, you know, tomorrow than it is today, because of this cheaper cost of capital, you know, coming into the market.   And so it really has been, you know, from one of the trends, I guess, it's been a supply problem, not a not a demand problem, right? So is with an ever increasing amount of money coming into a, you know, sort of a fixed asset, you know, base, you're going to have more competition at every turn. Yeah. And so I think that's one of the major trends that we're just we're watching closely. And as we take out portfolios for sale, we're just seeing more and more investors interested and more and more, quote, unquote, real buyer showing up to bid on processes. And I think people are looking for ways to differentiate themselves, and for ways to, you know, get get proprietary access to different deal flow channels.   I think from a, you know, how do you, how do you win more deals in the market? I think it really is, goes into that differentiator, right. So you can, you know, in any in any process, you could pay more money for a deal, right, you can be a more certain buyer. I mean, ultimately, if you pay more money for a deal, you're gonna win that deal, right? If you're the if you're the, it's kind of, you know, simple to say, but if you pay the most money, in any process, you're gonna win the deal. But I do think that when you're a seller, getting that, that certainty of close is important, as well. And so when we always tell our sellers, and we tell the buyers that are bidding, it's really three things, it's, you know, how do I win a deal, it's price, terms of the contract, and then certainty of close, right, so you can win, win, win or lose a deal on those three deal points. And I think that applies to, you know, anywhere from the, you know, a 10,000 home portfolio deal all the way down to a 10 home, you know, deal or even to a, you know, a single, a single home. So, from a perspective of what are we seeing, and what does it take to, to win deals? It's really those three things,   Michael: Yeah I'm curious to just get your personal insights and opinion as to why do you think SFR has become this explosion? airy, if that's a word asset class, into the institutional world, and the multifamily commercial industrial has always kind of been there. But why now, all of a sudden, are we seeing institutions so interested in the single family space?   Clayton: Yeah, I mean, I don't know if that's a word, but we could we could invent it here. And we could we could try to get it into the dictionary,   Michael: We'll go with it.   Clayton: Well, I think it's, it's it's a couple of things. This has always been an asset class. And it's always been a really important way that investors have been able to to grow wealth over time. It's just now becoming more relevant or, you know, apparent institutions. Because, I would say in large part technology, and companies like a Roofstock that can create a marketplace can eliminate some of the friction Out of the transaction or out of the management and the ownership of these assets.   If you, you know, back up to, let's say, you know, 2011-12-13, when companies were, you know, institutions were buying these assets, and then getting ready to take them out as public companies, there were a lot of investors that really do this as a trade for institutions and didn't believe that you could manage, you know, a scattered site portfolio of properties, at the same efficiency, or at the same scale as multifamily properties, which, you know, could be units all in one building vertically, right? Technology, change that, because you could now, and it's been proven out now, like, I don't think that there's any question anymore of, can you can you manage a, you know, 80,000 unit portfolio of single family rental, at the same level as you can manage 80,000 units of multifamily. And so I think you have have that, let me, let me put a pin in that for a second.   But the other piece of it is, we've just been through a crazy pandemic, where on its face, I think everybody would have thought real estate, you're going to see another massive dip in real estate values, and what actually happened over the last, you know, 12-18 months, values went up, right, and it's, it's a supply problem, we over the last, you know, decade, we have under built in terms of supply. And so why you see a lot of these home builders rushing to build even more, even if you look back at the last decade, we there's, there's so many more homes that need to be built to even catch up with that normal, you know, curve in terms of the amount of product that that we need, as a as a country. So I think that's, that's magnifying the problem.   But in terms of this is an asset class, the reason it's so interesting to institutions is because you can manage it at scale, the technology's there to do it. And it's, it's a hedge against, you know, downturns people, the value of home has become so much more important even during this pandemic. And I think it Listen, it was apparent in the last downturn, that the rental income is very durable, even during a real estate depression when prices go down. And so, you know, during this, this pandemic, it was actually it was a huge winner, because not only were the was the the rental income durable, but prices were actually going up, right during a during a downturn. And so, I think those those things have kind of made this an important asset class for investors. And, you know, you also see this, you know, iterating, in, in, in different forms, right, like the build to rent, you know, asset classes has become much more, it's kind of like the the in vouge thing to do right now. Right, is to own build around to go accumulate assets. Yeah, from my perspective. And why is that? Like, that's, that's not a new concept.   I mean, if you look at Europe, they've been doing builddirect for decades, right? It's, it's just in the US, where I've been calling it the gateway drug to scattered site, single family rental, because if you're a, you're a residential multifamily investor, you're used to having 200 units in one building. And so you weren't quite as comfortable saying, I'm going to go buy 200 units in Phoenix in a scattered site, where I have to manage all these these assets in different places across the MSA. But if I can buy 200 units that are contiguous, and it's a build to rent community, it's an easy way for you to start getting into that, that single family rental portfolio. And I think that, you know, that's important because it gives investors a comfort level that you can you can own and operate these similar to, you know, other residential asset classes.   And so I think in the future, it's not just going to be Is it a single family rental, you know, residential portfolio, or is it a multifamily residential portfolio, it's just residential. And rather, it's, it's it's multifamily or single family, you're owning a house for somebody to rent, right. And that's an that's a very important thing. Because where you wake up and how you feel about your home, like, I think it permeates so many other areas of your life. And, you know, the best thing you can do is provide a roof over somebody's head that, you know, gives them a safe and happy like place to live. And so that's never going away, regardless of if it's multifamily single family or, you know, we figure out ways for people live in, you know, co living situations or what have you. So I think it's an asset class. That's, that's been important for years and years and years, but it's just been institutionalized and technology has helped accelerate You know, our ability to do that efficiently?   Michael: I think that makes a lot of sense. Makes a lot of sense. Alright, so let's jump into talking about a little bit more in depth some of the three points that you brought up in terms of what it's taking to win a portfolio. So, so price terms, and then certainty of close. So let's start with price. Where are you seeing these portfolios go with regards to list price, versus what they're actually being purchased for?   Clayton: Yeah, that's a hard one. Because, you know, list price is difficult. And I think in some scenarios, having a list price could even hurt you particularly in, in, you know, in an appreciating market, right. So if yours, you're setting a list price, you might be setting that list price too low,   Michael: Someone could be willing to pay more,   Clayton: In some cases, it's Yeah, and and on an individual asset basis, I think it's a little bit easier to set a list price, because you've got, you know, sort of some insight into what that looks like. But at a portfolio level, I think it gets a little bit more difficult because you, you're starting to see capital, underwrite the cash flows. And we have this broken system of appraisals or bpos or AVMs, that, you know, generally do an okay job on, you know, just law of large numbers, like you're gonna get some wrong up or down. And on average, it's pretty good.   But it's really built for, you know, the one off home that that's probably going to be occupied by an owner occupant, it doesn't take into account, you know, what folks are willing to, to receive in terms of cash flow, like on a yield basis, right. And I think that's a huge problem. Because if you're not evaluating what that cash flow stream is worth, to any institution, and in a market where institutions are, are looking for yield, or you know, where debt is so creative, that they're able to pay lower cap rates and cap rates are compressing, then you're gonna miss the valuation of these portfolios. So, you know, again, I think it's very difficult for, for, for me to just bogey like what what are all portfolios trading at in terms of like a quote unquote, list price, because a lot of times these AVMs are, are actually not very helpful in terms of determining where the price is going to go.   And I do think it's actually a little bit of a tale of two cities here, because there are the portfolios that fit very well, for an institutional investor in terms of, you know, what are the top 10 markets in the US that the portfolio is in? What's the vintage of the house? What are the areas that it's located in? Is it a high school score neighborhood? You know, is it a high neighborhood score, is it you know, is it in a market where rents are appreciating very quickly.   And I think groups are very willing to pay up today, for those dynamics in a in a well defined stabilized portfolio, and we are starting to see groups pay up, pay a premium, quote unquote, for a stabilized portfolio. So, you know, there's cases where we're seeing, you know, if you back up two years ago, I would, you could say, you might see us pricing portfolios, or guiding on pricing and portfolios at a at a discount to a BPO value. Today, I would argue that for the best portfolios, you're actually seeing a premium to BPO. And, and on an individual basis, it might be a little bit a little bit closer to, you know, that appraisal or BPO. But on a portfolio level, you've got a couple dynamics that are are working in your favor in terms of being a seller of portfolios, because the cost of capital today is is very low. And it particularly on the debt side, you're seeing institutions able to, you know, securitize these portfolios and get debt at a leverage point that's in the mid to high 80s. And at a sub 2% cost of capital.   Now, obviously, there's some some expenses in terms of structuring that dealing and and and selling it into the market. But if you've got a 2% cost of capital on the debt side, and you can get very high leverage, that's gonna make, you know, a portfolio very, very accretive on a current cap rate basis, and so we're seeing compression of cap rates. We're also seeing That because rent is, you know, accelerating in some of these markets very quickly, that groups are able to really underwrite the loss to lease, or that discount to quote unquote market rent. Because there's a there's a real tangible increase, you know, year over year or lease over lease in terms of the, those rental bumps.   And so I think it's, it's a combination of all those things to say, you know, don't I, the one warning, I would say is, you know, don't don't miss price the portfolio or set your, your bar, you know, necessarily too low. But I do think it's helpful for sellers to be realistic, you know, I'd be remiss without without hitting the other side of that coin, which is, there are portfolios where it's a little rougher, and if it's not right down the center of the fairway for these these institutions on where they want to buy, what markets they're in, you know, what the product type is, as soon as you start to, you know, diverge from that a little bit, you're, you're starting to see bigger discounts, you know, to a, quote unquote, market value for those portfolios.   So rather that, you know, small multifamily units or townhomes that don't necessarily fit a investors buy box, or is it you know, lower rent band homes or a little bit older homes. So I do think those things come into play. But for the very best, you know, well located portfolios, we're seeing premiums to, to to a BPO or quote unquote, market value.   Michael: Man, that's awesome. So in a nutshell, to wrap that up with a bow, that we are seeing premiums being paid on the best located and best manage portfolios, because we are seeing rental increases shoot through the roof, coupled with very low cost of capital for these buyers, institutional buyers. Is that a fair way to sum it up?   Clayton: Yeah, I think that's right. And so to, to just highlight maybe the two points, I think that we even shot out, there's like, you got to really underwrite the upside, because it's real. It's not just, you know, theoretical upside. And there's embedded, you know, gains in some of these portfolios. And it's, it's, you know, don't focus on these these AVMs because these AVMs are flawed. And it's really about the cash flow that you receive. So, you know, real cash flow matters to institutions. And that's what's important versus you know, what some automated valuation methodology tells you.   Michael: Yeah, interesting. It's, you know, I back in 2014, or 15, I bought a portfolio for four duplexes right next to one another, and they were bank owned. And so we were able to get them at a discount. And it sounds like So Long gone are the days of Oh, well, you're buying multiple properties and the portfolio, you should be getting a discount, because you're doing the seller favor. The Costco effect, if you will, buying in bulk. It sounds like that's, you know, that's no longer in play here, which is so interesting.   Clayton: Yeah, I don't want to say that completely gone. Because obviously, like a distressed portfolio, a, you know, some of these loan pools that are purchased, where it's a non performing, you know, loan pool, you're still gonna see discounts like that, and where there's, there's quote unquote, hair on a deal. You know, you're gonna have to work through to get get those portfolios, but I'm just saying, like, you know, previously, where you might have a perfect, quote, unquote, perfect, you know, SFR portfolio where it's, you know, great rents, great real estate, new product, and SFR was getting a discount, just because it was a new asset class, like those days are gone. Right there, you're gonna, you're seeing a convergence of multifamily cap rates and the SFR cap rates.   Michael: Got it. Okay. All right. And do you think the same is applicable on the retail side of things for retail investors and maybe looking at a portfolio of 510 15 properties? Should they expect the same things? And would you advise, recommend folks looking to underwrite in a similar fashion? And that the upside is, is this tangible as well? Or does does the dynamic shift? When we go into that smaller retail investment scale?   Clayton: I gotta be a little bit careful here, because you know, that that individual investor, you know, still has to be fairly disciplined in terms of, you know, what their cost of capital is and what their return thresholds are. Right. So I would say you still have to think about that on a personal, you know, level. But yes, I mean, if there's, if you're buying a group of 10 properties that's in you know, Phoenix, Arizona, and the, you know, the in place rent is 12 $100. But you know, that the market rent is 15 $100. You should be underwriting the upside, right? Because that's a market where it's a very tangible You know, upside in the market rent and and it's not as big of a risk to to underwrite that upside if it's really there, right.   So I think that those sorts of things matter, and then finding ways to operate your portfolio even more efficiently, you know, that we always talk about, you know, the gross yield or the net yield, right? Like, what's your noi margin? Well, if you've, if you've found a way to operate a portfolio at a, you know, a 70 plus percent margin, and somebody else is underwriting it at a 50% margin, right to be extreme, you're going to more often than not beat out that other that other buyer, because you've got a more efficient way. And it's actual more dollars of cash that are coming into you as an investor.   Michael: Yeah, yeah, I talked about that all the time in the restock Academy is look at the current rent, but also look at what the true market rent is. And if there's a huge disparity there, there's real potential there for true value add, and maybe you don't even have to do anything. So I always look look to see if you can't see those those opportunities through that lens as a positive, as opposed to Oh, well, the market rents 1500 but the property in places only getting 1200. That's a demerit sure, if you can switch your thinking, you really have a lot of opportunity.   Clayton: Yeah, I think that's right.   Michael: Okay, great. So let's move on and talk about terms. What are you seeing now? And how folks are winning portfolios with more aggressive terms?   Clayton: Yeah, it's super interesting, because I think, you know, early on, in structuring these deals, we may have done, you know, all of ourselves a little bit of a disservice, because we, you know, we viewed these, these portfolios of assets, really as individual assets, and they are not getting priced or sold today as individual assets, right, like, in early days selling a portfolio, rather, it was, you know, $500 or 5000 homes, buyers? Well, number one, there was there was a smaller group of buyers, right, so So, you know, if it was any sizable portfolio, there was probably a handful, three or five groups that you could go to, and really hope that, you know, you'd have two or three of those groups, you know, in a, in a final round, sort of bidding against each other to take down the portfolio.   Today, I mean, there's 30-50 groups that can take down very sizable portfolios, I think the terms really matter. Like before you could cherry pick, and, you know, if there was 500 Homes for sale, you could bet on, you know, 300 or 400. And, and, and really, the seller would figure out, Okay, what I do with the remaining assets, do I sell it, you know, these 300, this, this buyer and these 200, to another buyer? Or do I sell, you know, some of those on a retail basis, it's a seller's market. And so you're, you're definitely seeing contracts become more seller friendly, to get to get deals done.   So, again, that and those terms, it can can differentiate you as a buyer in the market, if it's a quicker closing, it's a you know, a shorter diligence period, more money that's up, you know, in escrow that becomes hard, you know, sooner in the process, there's, you know, no kick outs to a portfolio, you're buying the entire portlet portfolio that's there for list. I think that that has become key in all these contracts. And I think that, you know, without getting into the, the individual details of what a PSA looks like, on these portfolio deals, I just think it's becoming much, much more seller friendly.     Michael: So you're seeing institutions willing to overlook some of the warts, if you will, to take down the portfolio, because they're seeing the value upside, potential there.   Clayton: Yeah, and some of it was just kind of, you know, like, you know, I know, there's a bad example now, but like having like, a huge environmental indemnification on a single a pool of single family rental assets, is is not going to be received well from a seller. Because these are homes that have gone through, you know, environmental checks, right? Like, is there a possibility that you've got, you know, some massive, you know, spill on a on a property, maybe if it's a vacant lot, but like on a on an at an in place, single family home, like, that's a limited risk. So just kind of eliminating some of these quirky things that maybe buyers got got away with in the past. It's pushing more of that, that risk from the seller, to the buyer in these deals.   Michael: Got it. Right. It's really interesting.   Clayton: And it makes sense, right? Because if you're a seller and you've got you've got two buyers and one's telling you I'm going to give you, you know, again, let me just be extreme like I'll give you a 10%, you know, deposit up front, no closing in 10 days. And, you know, there's, there's no, you know, liability post close or anything like that I'm buying it as is, versus someone that's saying, I'm going to give you, you know, a half a percent upfront, and I'm going to take, you know, 90 days to close. And you know, I've got all these other hooks and options in the deal, like, you're going to choose the one that has much better terms, and that that is a differentiating point in these processes.   Michael: Yeah, I know I having recently sold a couple of properties, the path of least resistance is so often the easiest choice. And it's interesting, because you were mentioning these talking about these three different points, and one is the the price the terms and then the certainty of close, which we're going to get to in a minute, but you can really play around with two out of the three, to get a better to do better on that third, right. So if you come in with super aggressive terms, and a very high certainty of close, even if you're not the highest price, you still have, you know, the opportunity to win those bids. So I think if you can really be creative around structuring your deals, there's a lot a lot to be had here.   Clayton: Yeah. So if you that's why that third point, I think, is very important, right? It's certainty of close, which is really saying, like, are you a credible group? Or, you know, do you have a reputation of closing deals? Or do you have a reputation of, of retreating and not closing deals. And so that's, that third point really ties the first two together, because if I gave you the best price, and the best terms in a deal, but I was a high risk to close, because you've never done, I've never done a deal on the sector before. And, you know, I'm just a new entity that that, that doesn't have that reputation of closing, that's gonna hurt you. Right. And or I should just say it the opposite way, if I've got a reputation of being a bad trading partner, and re trading deals, or not closing on time, or anything like that, that matters to a seller. And so, you know, is that worth, you know, 1% 10% in a deal, I don't think it's 10. But, you know, maybe it's worth 1%, I think the each seller has to individually sort of weigh that risk. And they might say, Listen, I've closed with this, this buyer before, I know, they can get something done quickly. And so even though their their price or their terms may not be, you know, as good as some other unknown buyer, I'm going to close with them because I know they can get the deal done. And so that I think that does matter in this market.   And and I should say all else equal, all else equal on if you had the same price and the same terms, then you the certainty of clothes definitely matters as well, because that's the thing that's going to tip them over the edge.   Michael: Right, right. And I think it's such an important point to drive home and for all the sellers listening, even that, you know, the one off individual sellers or retail sellers, it's so important to weigh this in your calculation when looking at offers that you've received. Because I know that I did it, I got multiple offers on a property I was selling, the first day it hit the market, and somebody offered way over ask. But they were known to do this kind of janky thing where then they jerked around a little bit once the appraisal came in. And then I got another offer that was slightly above ask, but they put some terms in there that are really attractive. And I said, you know, let's go for that, which technically, at the end of the day was less money, but I knew that the deal was going to get done. So I think it's important not to get shiny object syndrome and just look at the number when there's so much more that goes into a deal, a real estate deal.   Clayton: Yeah, and this, and this is an important point for especially new investors coming into the market that say, Well, you know, I don't have a track record. And so, you know, is that gonna hurt me in my first deal? And, and maybe it does, but like, the best way to, you know, to overcome that is to, to do some deals, and, you know, make sure that you're building a good reputation as a buyer, and you're not re-trading in any deal. Yeah, like if that that is kind of like a poison pill. If you go into a deal, and, you know, listen, absent something that's really material that wasn't you know, understood or there from the seller in the beginning, you should not be retrading deals, you should avoid that at all costs, because that is really going to hurt you, as a buyer in the market. If If you come out of a deal. And you you you agree to go in at x, let's say it's 100. And then you you you change the terms it during diligence or closing to you know, 100 minus x, right? You You really have to start now building a reputation as a good buyer and not retreating deals because I think that's just your poison pill to the market.   Michael: Yeah, that makes a lot of sense. And so How do you think about retraining with regard to kind of individual investors retail investors with one off properties that are now getting an inspection report to review after they've made an offer? So they made an offer at 100, they get the inspection report, it's got some hair on it, let's call it $10,000 worth of work that needs to be done to get the property safe and rent ready for your next tenant? Are you still thinking that re-trading is off the table at that point? Or is that something that you would you would consider?   Clayton: It's such a dangerous game to play, going into a deal thinking that I'm going to get an inspection and bring the price down? After I get an inspection? A couple things like that's nitpicking on inspection list is is just trouble, right? Because you you inspect any house, I don't care how perfect it is a brand new builders inspector can find, you know, anything wrong with it, right.   Michael: It's what they're trained to do.   Clayton: And I think it's got to be, yeah, I think it's got it Well, there's no, there's no upside for them to miss things. Right. Like, it's, it's a cover your ass sort of analysis. And so I think, you know, there are going to be circumstances where you've got a material issue, and you're going to need to, you know, solve that. And if that's an a material issue, issue to you, as a buyer, it could be, it's going to be a material issue to another buyer and the seller, you know, items that the seller is going to have to fix, regardless, I think, are items that are up for discussion, but it all depends on, you know, sort of level setting going into a deal, right? Because if the seller saying, Hey, here's the deal, we know that it needs a new air conditioner or something else, and then you get in with a with a buyer. And the buyer says, well, it needs a new air conditioner. So I you know, I need another, you know, 5000 bucks.   Well, it's it's all I think just kind of level setting when you go into the deal. So you know, kind of, here are the items if any of it's a problem. I'm just telling you like that easy going buyers are going to win more deals. Right.   Michael: Yeah, I think that that perfectly sums it up. I think that perfectly sums it up. Man Clayton, this was awesome. This was awesome. Any final thoughts you think for for investors out there that are looking at picking up portfolios or starting to think about investing in portfolios?   Clayton: Yeah, I mean, listen, I would, I don't want to come off like, too negative here. And in terms of like just saying, Hey, this is this is a too hot of a market. And it's too hard to compete, because institutions have a cheap cost of capital. And so you know, you should, you should just not even invest. That's not the like takeaway at all, I think the idea is like, as a bar is having a moment, but I still very much view this as a 10x opportunity for investors, because, you know, we should be an aggregation mode, because the asset class works at the numbers that are out there today. Even though you see cap rates compressing, like, again, this market is going to go from a two or 3% institutional penetration all the way up to 20 or 30%. Over, my prediction is over the next, let's call it seven years, right?   So if you just stand back and say, you know, how many homes need to be purchased? It's in the millions, right? Over that period of time. And so there's a lot of homes that need to be purchased. And, you know, don't don't feel like you're not the institution, because guess what, you might not be the institution today, but you're the institution, you know, tomorrow, right. And so, you know, we can define institutional ownership at different levels, rather that, you know, you own 100 homes or 1000 homes. The smaller investors today are the institutions of tomorrow, right? If you look at multifamily, that's a very real thing. You know, the these groups can grow over time, we're still in a very attractive market for investors to own this, this asset class. And it's, it's only going to be you know, it's it's going to make more and more attractive over time.   At some point, are we going to hit like too hot of a of a market? And it's going to, you know, go back down? Yes. Because that's, that's, that's what real estate does. And it might be, you know, for some other reason that we're not anticipating today. But I do think that owning residential real estate is just a very durable way to collect current income and to build wealth over time. So it should be viewed as more the takeaway should be, it's still an attractive market to go out and own this asset class. Right.   Michael: Love it. But no, and I couldn't agree more. And I'm just curious from your perspective, I mean, what size portfolio is really gaining traction and interest from institutions because we, we talk about institutions, we throw that term around a lot, but I think a lot of listeners might not be familiar with what that is or what size portfolio those institutions are. are interested in investing in So do you have a gut feel or a sense for kind of where where they look at what size either in dollar amount or door count?   Clayon: Yeah, it's changing, it's kind of the wrong question anymore. Because, you know, before institutions didn't have the capability, the platform, the technology to buy, you know, portfolios that were smaller than, you know, let's just say 100 owned. Today, you know, there are institutions that are buying, you know, upwards of 1000 to 2000 homes per month, on an individual basis, one by one by one. So I don't think that it actually matters anymore. It's, it's more like the channels that you can deliver. So if you're a seller, and you've got one home, don't think that you don't, you know, you can't sell it to an institution. They're, they're buying homes on a one off basis. Right.   Michael: Interesting. Okay. I would have I did not know that. Very cool. Well, maybe call depending on how you if you're a buyer or seller,   Clayton: Yeah, I mean, obviously, Market to Market matters. But no, I mean, it's, it's, it's, it's a very efficient market. And, you know, you can sell and you can buy on a one off basis, or you can buy and sell on a, you know, a portfolio basis.   Michael: Awesome. Well, Clayton, this was great. Thank you so much for taking the time this was gave me a lot of really great insights. And hopefully, our listeners got a lot out of it, too. I hope you have an awesome and we'll have to have you back. Because before the episode we were chatting about some of the additional topics we could cover and I think you'd be a great person to do that. So look forward to picking up the conversation then.   Clayton: Yeah, absolutely. All right. Appreciate it.   Michael: Alright, everybody, that was our episode. A big big, big thank you to Clayton for coming on the show today. A lot, a lot. A lot of meat on the bone there. Lots of good, interesting topics. I learned a ton. Hopefully you did too, as well. I know that I've been in the portfolio purchasing space for a little bit. If you are thinking about that, definitely give us episode a listen to and we look forward to seeing on the next one. If you liked the episode, please feel free to give us a rating or review or subscribe wherever you listen your podcasts and look forward to seeing on the next one. Happy investing

Keeping yourself nimble is key to thriving in a dynamic market. In this episode, we cover strategy pivots, multifamily turns and consolidating your vendors to same time and energy to make your life easier. --- Transcript   grabbag Thu, 7/8 12:44PM • 26:55 SUMMARY KEYWORDS buy, multifamily, unit, property, lender, pay, rent, michael, bit, turn, deal, months, building, putting, investor, flip, long, strategy, rehab, tenant   Before we jump into the episode, here's a quick disclaimer about our content. The remote real estate investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals.   Tom: Greetings, and welcome to the remote real estate investor. On this fun episode, it's going to be a grab bag of topics, we're going to be talking about strategy pivots, we're going to be talking about turns in multifamily. And we're going to be talking about vendor strategies and getting less vendors and aggregating into single vendors by specific trade. My name is Tom Schneider.   And I am joined with   Emil: Emil Shour,   Michael: And Michael album.   Tom: And let's get into it.   Welcome, Michael, welcome Emil. I love these type of episodes. Because basically, what we did before recording is, you know, we have a list of topics that we plan to get to. And this one is basically we all had three ideas that we liked a lot. And that we're going to we're going to get into so I'm going to let Michael lead the way on this very first topic, and a really relevant topic. As there's economic changes all kinds of stuff. It's the it's around strategy pivots.   So Michael, I'm gonna go ahead and let you start this grab bag, topic number one on the concept of strategy pivots.   Michael: Thanks so much, Tom. Appreciate that.   So I think it's really important in just general real estate investing to have an idea of where what lane you want to go down, because as a lot of investors know, there are so many different ways to, quote unquote, invest in real estate. And that can mean different things to different people.   So there's the buy and hold their short term buy and hold, fix and flip, BRRRR investing, wholesaling, there's so many different avenues to go down. So I think it's really important to pick one or two and really focus there because otherwise, I feel like you could just get spread too thin, especially when you're new, because they're each Avenue is so deep. And so picking one to learn and going deep, I think is really valuable.   So that being said, personal story from my portfolio is I purchased a property about a year and a half ago. And I brought in a cash partner to make the purchase. I was managing the transaction, they provided the cash to the deal on the flip, rather the rehab, and it was supposed to be a buy and hold and the numbers were like outrageously good. We bought it for a song. My agent was then bragging to all his agent buddies about what we paid for the property. And everyone's like, no way, no way. So it became kind of a talk in the town and I had people offer to buy it off me for more than I paid for it day one kind of thing. Because even paying a little bit more, it was still a steal. So I said no, thank you, we're gonna rehab it, we're gonna get it turned.   And basically it was a six unit, we bought it for 90,000, which is like unheard of in this market. It was in Cincinnati, and it had one tenant in place that was paying like 400 bucks a month. And the unit break down the unit mix was really cool. And that there were a couple of three bedrooms, a couple two bedrooms and two one bedrooms. And so you're getting a larger unit count and not having to pay much more in terms of per unit purchase for the for the purchase. So that worked out really well.   So we put together a rehab budget, we found a contractor that could do it. They started working, it was going well. And then COVID hit. And when COVID hit everybody came home from work and what we realized we meaning mostly my agent, he said, hey, look, you know what this area is actually quite a bit rougher than I originally anticipated. I'm seeing a lot more activity on the streets during the day and in the evenings. Would you consider selling it? And I said, Yeah, sure if the price was right, let's you know, let's go see what's out there.   So long story short, the building has caused a lot of different headaches over time. It's an older building. So we had to make some additional repairs that weren't part of the original rehab scope. Big surprise there. Anybody who's done a rehab, extensive rehab will tell you that there are things that come up so budget for that. So thankfully we did. And so it's just been a bit bit more of a headache than I anticipated, the agent anticipated to rent has been a little bit tougher than we were originally anticipated.   So on paper, the numbers look phenomenal. And now that it's getting fully leased, the numbers are fairly phenomenal. But it's just one of those properties. It's more of a headache than anything else and there's just always something going on. And so I said you know what better to sell it, make a really nice profit and walk away. So we're under contract right now to sell that property. It's been in out of contract another time. Due to these the other buyer wasn't able to get financing, but so I'm able to go back with my cash partner, pay them back fully as well as get them a really nice IRR and return on their investment for literally doing nothing other than than funding the deal. So again, it was supposed to be a buy and hold it was gonna be like a 25% cash on cash return even With an all cash purchase, I mean, the numbers on this thing were just phenomenal. But again, it's just been kind of too much of a headache to deal with one thing after another, and I said, You know what, take the profit walk away, my energy and focus is better spent elsewhere. So this is turned into a longer term fix and flip, which the nice thing about that is that it's over a year. So that'll be it should be long term capital gains, as opposed to short term tax at my income level. So it should be a big win.   Tom: I think opportunity costs, right. So like, if you're constantly putting your energy back into this one unit, there's definitely a price to that. And if you can get out now and get a fairly substantial profit, why not?   What I think is really interesting about that story, Michael is, right, I think a lot of people have had to strategy pivot in the past, usually, it's the other way around. So in your case, you bought it to buy and hold and ended up flipping it. But in with a lot of the investor that investors that I have talked to, they were fixing, and flipping, and then the prices fell through the roof a lot, you know, 2009 2008, and all of a sudden, they can sell the property for more than it's worth. And they ended up being buy and hold owners.   There's a great saying I heard it might have either been Gary our CEO at Roofstock, or it might have been Gregor. But a safe mouse is a mouse that has multiple holes to run to. So it's, you know, if you get so thin and specific on a strategy, like let's say you're fixing and flipping, and it doesn't pencil, if you needed to weather, some storms to hold it, you can get yourself into a lot of trouble. And you know, the biggest place where you get in trouble in real estate, if you're not capitalized enough. So you're running these thinner margin buyer holds. And all of a sudden, the value isn't there, for whatever reason, you really put yourself in a bit of a liability.   So you know, as a lot of people say, Oh, is this a you know, good time to invest prices are raising a lot, you know, my input on that on this story is to have that flexibility to be able to pivot your strategy. So, you know, if you're planning to do this flipping, make sure that there's enough room that you can weather the storms for, however long if it turned into a buy and hold, but it's interesting, here's the backwards version of that.   Michael: Yeah, I've always been a buy and hold investor. And so I've always approached deals with that guys and would prefer to never sell until the depreciation is all physically exhausted. And so I just sold a couple properties last year, and I sold the property this year and this will be the next one on the docket. But every time I do it's like, it kind of hurts a little bit. But again, like you mentioned, it's the opportunity cost is is significant on this.   And then also something to think about is people always say you make your money when you buy which I agree with to an extent. And so when people are looking at deals I think look to minimize the downside when you can and granted you know, I bought this building for a song I bought it from someone who didn't understand multifamily. They didn't want multifamily so they were willing to part with it.   Tom: Did you say you bought it from a song?   Michael: I bought it for a song for a song for a song. I think that's an expression right? You will say that like I got it for really cheap.   Tom: Oh, I got a song like the first song.   Michael: Yeah. A good deal. Yeah, I, I went I went to the seller and saying to them, and they're like, Here take the property that was Yeah.   Tom: That's new to me. You could be totally making that up. And I would be totally on board. I'm like, yeah, it seems like okay, Bought it for a song? Yep, sorry. Go ahead.   Michael: And we got our first song well, and the dance had to had to include the dance part of it too, because they weren't going to part with it for nothing.   Tom: Totally unrealated sequitur. Have you ever gotten a police ticket from a camera? I think it's the most anti climatic thing. You know, if you're gonna charge me three or $400 I want the show I want the policeman I want to see the lights, you know, get the adrenaline going. Don't just send me a bill in the, you know, that I received two weeks later, with some you know, fuzzy photo, give me good experience that I'm going to, you know,   Michael: That's too funny. zest for life.   Tom: A zest for life, you know, get that adrenaline going, I want to get when I get what I'm paying for anyways. Sorry, continue. You got it for a song and dance!   Michael: Yeah, got it for a song and a dance. And it was one of those things where like I was mentioning I had people offering to buy it for me for like 120 even just like the day after I bought it. And they heard what I had paid for it. So it was one of those situations where it's really tough to lose when you buy it at such at such a discount. And like you could flip it without doing anything and still make a profit. So I knew that there was so much meat on the bone that it was it was going to work out okay. And granted it didn't go exactly according to plan. But again, if you buy it right, it's it's tougher to lose, especially when you have multiple exits.   Tom: Alright, Emil, do you have anything you want to add or can I flip this over onto your topic?   Emil: No, I have nothing to add. I love that story. I remember Michael, when you and I kind of first met I think you had just bought that are in the process of buying it and my, my mind was blown that you could buy a six unit apartment building for $15,000 a door and that was that wasn't even really…   Michael: Like you're a liar you're a liar.   Emil: And like, you know, you look at pictures, I'm like, Oh, this thing must literally just be falling apart and you know, needed some work but not not like, the properties I've seen where they're selling for 15 to 20k a door that like, you know, like, burned to the ground. And you're, you're starting from scratch, basically.   Michael: Yeah, there's no floors. It's just one big building one big shell.   Emil: Yeah, exactly. Exactly.   Tom: So speaking of inexpensive cost per door, and meal. Let's talk about. So you have traditionally been a single family investor transitioning into sprinkling in some multifamily. You. Let's hear you riff on talking about the turn aspect of multifamily. So I think you have a triplex scope. Go ahead and run with this Emil.   Emil: Yeah, let me let me set the stage. So I bought a triplex in November, I had to change property management companies, I had a property management company after three months did not like what they were doing, went to a new property manager. And I think I annoyed some of the tenants, you know, just change it, you know, they had three property managers in like, three, four months, which obviously sucks for them. But I need to find somebody who is competent. And I can work with long term. And we had a tenant who was on month a month, just get up and leave, we actually didn't even notice No, nothing, we didn't even find out until we had a plumber, they're doing a fix of the sewer line, who noticed that the the unit was vacant when they went to like go knock on the door to to get access to something. And then they told the property management company.   So we found out in a really strange way, going through my first turn on this multifamily. And so my property manager did a walkthrough sent me a video, and I'm looking at, you know, I don't I don't think this person was there for more than two or three years. And, you know, you just look at all the damage, you start to size up, like what is the cost of this turn going to be and you start to weigh it against how much rent this units bring in. And it's one bed one bath apartment, probably it was under market rent, it'll probably rent for like, 575, 600 once we get it cleaned up, but you think about like a $3,000 turn, right, which is not agreed, like, that's not uncommon, but you know, there's, there's some work to be done here. So I'll say like 3-4k, you think about like your cash flow you're making on that individual unit and how long it takes to get that three to 4k back.   And so it's kind of just like one of these things where, you know, as you gain experience, and you're learning and, and things happen, I'm starting to question like, you know, in multifamily, yeah, you can buy it for cheap, but when you're when your rent is only $600 a unit or whatever it is, like these turns in these, you know, bigger capital expenses, they just, they crush you. And so it's just something that I'm, I'm kind of looking at right now, you know, I've only had this property for six, seven months, we'll see how it does longer term, but it's just kind of one of those feedback loops from like, okay, you know, should I be targeting things where the rent is 800 to 1000, even though it's going to cost me more, just like there's so much more cushion of cash flow that's going to pay for these things.   And just, you know, the the percentages on Excel look good. But when real things happen, like you see why a lot of investors who used to buy cheap properties over time, they maybe move to like Class B and it's, you know, for these reasons, I think, at least   Tom: Yeah, I love using rent as a firewall, like a funnel, you know, a filter. Yeah, and I never really thought about it in that context of rent versus what your turn cost is going to be. And being able to I mean, obviously there's there's higher purchase price that you're going to have if you're buying a property with a higher rent. So that's like a little bit of a barrier to entry. But there definitely is a safety aspect of having more meant more rent that you're collecting more money to pay for turns when that stuff happens and potentially having have less time in between turns. not always the case but.   Michael: Emil, I know it's I know it sucks right now, but I can tell you that it does get better. And it's a you have to be as Tom mentioned long term greedy and that $3,000 right now sucks, but something I would implore you to do is get with your property manager and really scrutinize what's going to be done in this turn. And think about putting in more tenant proof type stuff. So if you have to replace the carpet, don't replace it with carpet replace with lvp go put in there something that's waterproof, something you'll never have to touch again.   If you have to replace cabinets go put in higher grade tougher cabinet Because tents are rough on cabinets. And so if you have to replace them every single year, that sucks, versus spending a little bit more and getting a higher quality, more durable cabinet, look to do that type of stuff, because you'll do it once today. And then you shouldn't have to touch it again for a lot longer versus you go the cheap route today, you're gonna pay for that over and over and over again. And traditionally, the longer lifespan stuff tends to just hold up better to tenants.   And then you can also talk about a larger security deposit. There are counties and state regulations around how much you can charge, but just think about that kind of stuff as well as you're going to be releasing that unit.   Emil: Totally. Yeah, great. Great tips there. Luckily, we have hardwood and tile throughout the unit. So it's not like shouldn't be the big expenses. It's just a bunch of little things and a couple of leaks. And so like I'm just estimating on the high end. Okay, so we have to open the wall is there's a plumber who has to come in plumbers are charging crazy amounts right now. So it's just like, I'm just doing the mental math and like putting it at 3-4k and waiting for full scope of work from them to like, get a get a bid and a budget. But yeah, good. Good tip. I mean, totally. Yes. Agree.   Michael: Since Tom did a side note I want to one too, bid and a budget sounds like that from Austin Powers smoke and a pancake. Bid and a budget.   Emil: I'm curious, like, you know, Michael, you've you've been in multifamily, the longest? Is this something you've kind of experienced yourself? And is now why you're moving into higher quality? Or have you been in class C? And you're like, yeah, you have these things. But like long term, it smooths out and it ends up working out just fine.   Michael: Yeah, long term, it does tend to smooth out sometimes it's one of those things like the first 18 months of repositioning a building, just kind of suck. There's no, there's no better way to put that. And I mean, you're buying, the reason you bought it is because it was somebody was mismanaging it or you saw an opportunity. And so to get those opportunities to flow through the pipe, so to speak, just takes time, this isn't something you can do overnight. And so you might have to turn through some refer tenants to get some great ones, you might have to turn through some refer deferred maintenance to get the building physically where it needs to be. And that just takes time and often money to do so.   And so once you get once you get it humming along, it becomes much better. But this is just the speed bumps, learning curves, growing pains that you go through with a non stabilized multifamily asset. If you went and bought something turnkey, you would have paid a lot more for it, and it probably would not have been as attractive to you.   Emil: The other thing I always try to remind myself like every, every time you have a turn, it tests your your mental fortitude, you're like, oh god, why do I do this, just put in the s&p 500. And don't think about it ever again. But it's like this, this is part of it. This is why this is the barrier to entry. This is why a lot of people don't end up doing it. But the people who do and stick with it long term, I think, you know, we know all the stories and that's why they're able to build wealth and all that.   Tom: Speaking of s&p, I thought that I was much more risk tolerant than I was, so I just I refiled a bunch of units very recently. And I like dumped it all into a big index fund. I'm like, a significant amount of money for myself. And I like was just checking it every like 30 minutes I'm like, I can't I mean that's one of the things I really I think I've come to appreciate about real estate is the slow moving nature of it you know, we're talking like a two year leases or one year leases and it's not something for me to look at it every 30 seconds.   So anyways, what I did with it I just I started with a an incredibly aggressive allocation of like 100% equities like, but I've moved it because I'm going to redeploy it into buying more real estate into something more conservative allocation, I think it's like you know, 40% cash or 40% equities and 20% bonds or something just watch more responsible and seeing now the market move and like you know, as equities going up going down the bonds are going up it's just like yeah.   Emil: It test your emotions 100%   Tom: I thought I was super risk tolerant but as it turns out, Tom is not!   Michael: Nothing to tell you how risk tolerant you are until you throw your own money away!   Tom: Right yeah, totally totally. But anyways, hopefully all keep updates on the podcast on redeployment movements with that so anyways have any more an adult allocation instead of the fast track? Just give me a crushing.   Michael: That would be great if they labeled labeled those allocations as such like toddler, infant, preteen, adult!   Emil: Stages of life.   Tom: Yeah. All right. So I've finished a recent activity where I'm pretty excited about it simplifying my life. is I have streamlined a lot of the national related vendors in my life where before it was really a hodgepodge of lenders, a hodgepodge of insurance. And a couple of things happen. So one thing happened is a company started buying up my loans on the secondary market, and I found out that they originate loans as well. So what I've done over the last 12-18 months is refinance these loans into this lender and any new loans that I've added, I've just originated them with them.   So now I have one lender, good customer service, easy to work with easy to go through refi and application process, you know, a reasonably good portal for getting tax time and all the setting up auto pay and all that stuff. And I'm really happy with how that's turned off. You know, I might be able to shave a little bit of margins, I their rates are pretty decent and origination costs, I think are are reasonable. But just for kind of simplicity, it's it's been a nice little boon to making things a little bit easier by just having one lender instead of this kaleidoscope of lenders all over the place.   And I did the same thing recently with insurance. So had a couple of good coaching sessions with Michael, shout out to Michael Roofstock Academy coach, you guys check that out?   Emil: Have you heard of him?   Tom: Have you guys heard of him?   Michael: Yeah, I hear that guy's a real schmuck.   Tom: Yeah, but you know, he's, he's good. You know, he's, he's, you know, he's good. Just kidding. He's fantastic. Anyways, so anyways, Michael helped me go through this process of identifying, and, you know, setting, talking about important things to think about when setting an insurance policy and shopping around. And what I ended up doing was consolidating everything with my insurance provider that does my cars, my house, and I think my actual monthly cost is pretty similar to what it was, but the coverage is just massively more larger, if that makes sense. It much more comprehensive, where I'm paying a very similar amount, on a monthly basis, but it's just extremely like I think my deductible before was like $10,000. And now it's like $2,000, you know, that pillow at night just gets a little softer and softer. of doing that. And the What am I say? Yeah, the the air is a little sweeter, just having one lender to deal with one insurance vendor to deal with.   And in the process, I, you know, discovered they have a really cool underwriting tool where, where if I'm evaluating future properties for insurance, I could just plug it in. And they will come up with a policy without needing any other work. So really great streamlining, both on the defense of the existing portfolios and incorporating them into my future acquisition.   So at a super high level, if you're able to streamline your vendors, those national related vendors, be it insurance lenders, I recommend it, I just did it and I feel very good about it.   Michael: Tom, are you able to quantify the time savings that you anticipate as a result of this as opposed to not having to chase down multiple vendors for your renewals? Or is it more so mental cleansing?   Tom: I think it's both, you know, on the time side, like, it probably isn't that much more more work. So I don't know, I'm gonna make up a number, I'm gonna say, oh, it took an extra two hours per year, just because with some lenders, you have to go through a phone tree. And it's just absolutely miserable of trying to like talk to somebody and get information. But where i, where i think on the time, is not a specific time, but the actual, like gumption and doing stuff like I would put stuff off forever, because it's like, I don't want to get into that phone tree of XYZ loan company. You know, I'm saying and just keep putting it off, putting it off putting it off.   But now it's like I said, like, the actual time and me doing it probably is really 20 minutes, but oh my gosh, that idea of just sitting on a phone tree for 20 minutes, it just like makes my blood boil. But I'll actually just do it because it's like faster, I can talk to somebody right away and you know, have a good portal that I can do stuff. So, you know, timing wise, like I said, probably not a huge difference. But the ability to get over kind of the mental hurdle of just doing it the ladder as you were saying, big difference.   Michael: And aspect to that I don't think you may be considering is that's managing the current portfolio. But when you go to add additional properties, I think you're going to see a massive time savings there and energy savings because like you mentioned with that quoting tool, now you can just throw a property in there and get a quote, you don't even have to talk to anybody. And so you can pick up the phone when you're ready, say this is the address, match it to my other policies go!   Same, you know, and then your lender has all of your docs and all of your files Anyhow, I mean, I just think that you are going to see massive savings both in terms of time and money because you're you're now a bigger client to both of those companies. Both lender and the insurance, you've got a little bit more weight you can throw around and be a little bit more demanding.   Tom: Yep, yep, yep, yep. So that is what I my little topic was anything else you guys want to touch on today?   Emil: I just I love yours, Tom. I think as we get older as our lives get busier as responsibilities and all these things grow, simplification like, just to sleep better at night to not have to like, rummage through four different portals or Like, who do I talk to you for that? Like, I'm glad you brought this up, because it reminds me of some areas where I could do this as well and just get some extra peace of mind.   Michael: I think Yeah, I, I'm gonna double down on that. I think it's makes it so much easier. And I think that the putting it off, leads to sloppiness with regard to just general portfolio management, so to speak. And so if you can make it easy on yourself, you'll do it just in all aspects of life if it's easy, people do it. And so make it easy on yourself to pick up the phone or to do those renewals. I think your your future self will thank your past self.   Tom: So I think on that, you know, putting stuff off it's like it's like a reverse muscle You know, you're like building a muscle to be like that and and discipline that. Like, is that a thing that makes something up for a negative muscle?   Michael: Yeah, totally.   Tom: Thanks, everybody, for listening. I hope you enjoyed. And if you enjoyed this episode, please subscribe like us. Also, as I mentioned before, check out roofstock Academy would love to talk to you guys there. We have over 50 hours of content. We have one on one coaching, group coaching all that good stuff. Check it out, roofstockacademy.com. And as always, happy investing.   Emil: Happy investing.   Michael: Happy investing.

In the last hour, Laurence Holmes was joined by Scot Gregor of the Daily Herald to discuss White Sox slugger Eloy Jimenez embarking on a rehab assignment, the rash of injuries around MLB and how the club will supplement its roster at the trade deadline. Later, Holmes gave credit to Marquee Sports Network host Cole Wright for the Cubs snapping their 11-game losing streak Wednesday night -- just as Wright had predicted earlier in the day. See omnystudio.com/listener for privacy information.

So I am thrilled to be on my first day of a -test run- with the new A-O -mobile command center,- our 5th wheel unit that I will be using to do a major western loop at the end of July into mid August, and then across the nation to G3 at the end of September as well. The truck-trailer combination passed the big test of climbing the Mogollon Rim, a major accomplishment- We had a great show today on the technical level anyway, for which I am thankful as well. We covered the IRS's rejection of a Christian ministry's application for non-profit status based upon -seriously- the fact that the Bible's teachings line up with the Republican party. Then we thought about what it means that Pope Francis can write a congratulatory letter to Fr. James Martin, a Jesuit priest well known for his promotion of LGBTQ causes -see here-. Then we finished up looking a little more deeply at Gregory's confession of faith from around AD 265, digging into its biblical foundations. If we manage a program tomorrow, we will continue that study.