Podcasts about internal rate

Interview with Alan Carter, President & CEO of Cabral Gold Inc.Our previous interview: https://www.cruxinvestor.com/posts/cabral-gold-tsxv-cbr-near-term-production-pivot-advances-6950Recording date: 28th May 2025Cabral Gold Corp (TSXV:CBR) is positioning itself as a compelling transition story in the junior mining sector, advancing its Cuiú Cuiú gold project in northern Brazil from exploration toward near-term production through an innovative low-cost strategy. CEO Alan Carter has architected a development approach centered on extracting gold from saprolite—weathered rock material resembling mud—through heap leach processing, offering significant advantages over traditional hard rock mining.The company's starter operation targets a 60-meter thick saprolite layer requiring no drilling, blasting, or crushing, making it "an earth moving exercise basically, not a rock mining exercise," according to Carter. Metallurgical testing has yielded exceptional results, with 70% gold recovery achieved within 12 days compared to months typically required for heap leach operations. The September 2024 Preliminary Feasibility Study outlined $37 million USD in capital costs, generating a 47% post-tax Internal Rate of Return at $2,250 per ounce gold. With current gold prices around $3,250 per ounce, Carter projects approximately $2,300 per ounce profit margins.Beyond the starter operation lies significant district-scale potential. Historic placer production of 2 million ounces at Cuiú Cuiú compares to just 200,000 ounces at neighboring Tocantinzinho, which became a 2.5 million ounce deposit. Cabral's soil anomaly spans 7 kilometers versus 1.2 kilometers at Tocantinzinho, while the company has identified 50 exploration targets compared to six at the neighboring mine.Recent drilling has delivered impressive results, including 12 meters at 27 grams per tonne and 49 meters at 2 grams per tonne across multiple new discoveries. Following a successful $15 million CAD financing, the company has mobilized multiple drill rigs to advance various targets toward resource estimates.Carter has invested $2 million CAD personally, demonstrating management alignment while rejecting traditional dilutive financing models. The company expects a construction decision by mid-Q2 2025, with production targeted for mid-2026, positioning Cabral to generate cash flow for district-wide exploration while avoiding excessive shareholder dilution.View Cabral Gold's company profile: https://www.cruxinvestor.com/companies/cabral-goldSign up for Crux Investor: https://cruxinvestor.com

Ewan Webster, President and CEO of Thesis Gold Inc. (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF), joins me for a comprehensive overview of the combined Lawyers-Ranch Project, which hosts 4.7 million ounce of gold equivalent resources at the Preliminary Economic Assessment (PEA) stage of economics in the Toodoggone Mining District of British Columbia.   We start off discussing how this company came together, initially exploring and developing the Ranch Project, and then acquiring Benchmark Metals in 2023 to bring in the Lawyers Project.   Then in May of 2024 the combined resource estimate of the Lawyers-Ranch Project was announced with 4.0 Moz AuEq Measured & Indicated (M&I) at 1.51 g/t AuEq, and 727,000 oz AuEq Inferred at 1.82 g/t AuEq.    The deposit is primarily gold, but has a significant silver component (with 84 Moz in M+I category), as well as copper credit.   In September of 2024 the Company announced the Preliminary Economic Assessment, using metals price assumptions of $1930 gold and $24 silver, which projected an After-Tax NPV (5%) of $1.27Billion, and after-tax Internal Rate of Return (IRR) of 35%, and a payback period of 2 years, with All-In Sustaining Costs (AISC) of US $1,013 / Au oz (net byproduct credits) and over a 14 year life of mine.   Ewan makes the point that at current spot metals prices of gold near $3,200-$3,300 and silver at $32-$33, that the project economics are significantly expanded.   The company is doing a great deal of derisking work at present to build towards a Pre-Feasibility Study (PFS) by the 4th quarter of 2025.    The company is gearing up to kick off a summer drilling program focused on making new discoveries across their district-scale land package, seeking out other areas of potential expansion of mineralization.   Additionally, more work will go into moving the permitting process along and initiating work on key permits as the year progresses. Ewan spends some time to unpack the infrastructure advantages in place with easy road access, an airstrip, and access to cheap hydro power.   Wrapping up we discuss some of the multiple institutions in place as shareholders along with senior gold producer Centerra Gold as a new strategic investor with a 9.9% stake, and expertise in the area. Centerra Gold owns the Gold/Copper Kemess Mine located in the Toodoggone District, ~45 km south of Lawyers-Ranch and Mt Milligan Mine ~270 km to the southeast.   The company is cashed up with CAD $35Million in the treasury and plenty of capital to carry them through the various work programs for the balance of 2025 and into 2026.   If you have any questions for Ewan regarding Thesis Gold, then please email them into me at Shad@kereport.com.   In full disclosure, Shad is a shareholder of Thesis Gold at the time of this recording and may choose to buy or sell shares at any time.   Click here to follow the latest news from Thesis Gold

What does it mean to vet a real estate deal as a limited partner? In this episode of The Real Estate Investor Podcast, host Gary Lipsky welcomes Aleksey Chernobelskiy, Principal at Centrio Capital Partners and Founder of GP-LP Match. Aleksey previously ran Store Capital's lucrative real estate portfolio and underwriting team before shifting his focus to educating and advocating for limited partners (LPs). Through his daily posts, newsletter, and investing partner platform, he helps LPs avoid costly mistakes and spot opportunities others miss. During the conversation, Aleksey explains the difference between REITs and funds and how return profiles compare across REITs, funds, and syndications. Discover why the Internal Rate of Return (IRR) metric is flawed, Aleksey's “three pillars” of LP investing, why investors should vet General Partners (GPs), and the biggest mistakes to avoid. Join Gary and Aleksey to learn why downside risk matters, what distorts deal projections, and why honesty, not perfection, builds investor trust. Tune in now!Key Points From This Episode:Background about Aleksey and how he helps LPs evaluate real estate deals.Hear what got him interested in educating LPs to make better investment decisions.The difference between a Real Estate Investment Trust (REIT) and a real estate fund. Find out how return profiles compare across REITs, funds, and syndications.Issues with the Internal Rate of Return (IRR) metric and why it should be avoided.Discover Aleksey's “three pillars” of LP investing and what makes it effective.Learn why educating yourself (or sitting out) is better than gambling on a deal.Unpack the biggest and most common mistakes Aleksey sees from both GPs and LPs.How to approach capital calls and why your best investors are your existing ones.Explore what is often missing from investment decks and what to include instead.Aleksey's key advice for LPs: study 100 deals and trust the reps.Links Mentioned in Today's Episode:Aleksey Chernobelskiy on LinkedInAleksey Chernobelskiy on XCentrio Capital PartnersGP-LP MatchLimited Partner (LP) Investing Lessons Newsletter‘10 reasons why deal flow rules the world'Invest SmartAsset Management Mastery Facebook GroupBreak of Day Capital Break of Day Capital InstagramBreak of Day Capital YouTubeGary Lipsky on LinkedInJoseph Fang on LinkedIn

Net Present Value and Internal Rate of Return Business Finance, FIL 240-001, Spring 2025, Lecture 22 Type: mp3 audio file ©2025

Net Present Value and Internal Rate of Return Business Finance, FIL 240-002, Spring 2025, Lecture 22 Type: mp3 audio file ©2025

Interview with Hugh Agro, President & CEO, and John Meyer, VP Engineering & Development of Revival Gold Inc.Our previous interview: https://www.cruxinvestor.com/posts/revival-gold-tsxvrvg-positioned-for-a-rising-gold-market-in-2025-6478Recording date: 31st March 2025Revival Gold recently released results from the Preliminary Economic Assessment (PEA) for its Mercur gold project, showcasing strong economic potential with projected annual gold production of 95,000 to 105,000 ounces over a 10-year mine life. At a gold price of $2,175 per ounce, the project demonstrates a Net Asset Value (NAV) of $294 million and a 27% Internal Rate of Return (IRR) after tax. These figures improve dramatically at current gold prices of $3,000 per ounce, with NAV increasing to $752 million and IRR to 57%.The project features modest upfront capital costs of $208 million and competitive operating costs with Cash Costs of $1,205 per ounce and All-in Sustaining Costs of $1,363 per ounce. The resource base consists of approximately 1.4 million ounces of gold, with over 50% in the indicated category, an average grade of 0.6 grams per ton, and metallurgical recovery rates averaging 75%.A significant advantage of the Mercur project is its location on private patented claims just an hour from Salt Lake City, Utah. This allows for permitting through a state process rather than federal, potentially streamlining the timeline to approximately two years. The strategic location provides ready access to equipment, services, and skilled labor without requiring a camp or remote-site logistics.The company has outlined a two-phase development approach, with the first phase involving drilling to convert inferred resources to measured and indicated categories, along with collecting metallurgical samples. The second phase will focus on completing a Pre-Feasibility Study and advancing permitting. The combined budget for these phases is approximately $8 million, with potential construction beginning within 2-2.5 years.Technical risks are mitigated by the project's brownfield status, as the site has been previously mined. Environmental factors appear favorable with no perennial streams, deep groundwater, and no threatened or endangered species identified. The heap leach processing method eliminates the need for tailings facilities, reducing environmental footprint.Revival Gold's overall portfolio now includes both the Mercur project and the Beartrack-Arnett project, representing a combined resource of approximately 6 million ounces of gold. With a current market capitalization of approximately $50 million, the company is trading at just 0.1x NAV and $8 per ounce of gold resource, suggesting significant potential for value appreciation as the projects advance.View Revival Gold's company profile: https://www.cruxinvestor.com/companies/revival-gold-incSign up for Crux Investor: https://cruxinvestor.com

Interview with Mark Selby, CEO of Canada NickelOur previous interview: https://www.cruxinvestor.com/posts/canada-nickel-tsxvcnc-historic-20m-first-nations-investment-6434Recording date: 2nd March 2025Canada Nickel Company has successfully completed Front-End Engineering Design (FEED) for its flagship Crawford Nickel Project, advancing engineering to approximately 30% completion. Despite a 5% increase in capital costs, the project has demonstrated improvements in Net Present Value (NPV) and Internal Rate of Return (IRR).In a strategic optimization move, the company modified its mine plan to prioritize the East Zone over the Main Zone. This decision reduces stripping requirements and truck fleet needs, which helps offset capital cost increases. CEO Mark Selby highlighted the company's efficient development approach, noting they've progressed from "fifth drill hole to feasibility study in just over four years," significantly faster than industry averages of 7-10 years.On the financing front, Canada Nickel has secured letters of intent for $500 million USD from Export Development Canada and $500 million CAD from another financial institution. The next step involves an independent engineering review to validate the company's work. Notably, Middle Eastern sovereign wealth funds are showing substantial interest in the project as they seek to diversify their economies beyond oil.Beyond Crawford, the company aims to establish the Timmins area as a premier nickel district. Plans include publishing resources for six additional properties, bringing their total to nine resources in the district. Selby claims the total nickel resource is expected to exceed "the total endowment at Sudbury, which was the world's largest nickel sulfide district."Community partnerships represent another significant advancement, with Canada Nickel announcing construction projects to be delivered by First Nations communities through a business vehicle called Wabun. This approach demonstrates local support and strengthens the company's social license as it progresses through permitting.The company remains on track with its permitting timeline, currently in the final approval stage with the federal government. Approvals are expected by year-end, with provincial permits to follow. Canada Nickel is also exploring non-equity financing options, including royalties, to minimize shareholder dilution.The Crawford project is positioned to become "the Western world's largest nickel sulfide operation" with the flexibility to serve both EV battery and stainless steel markets. This strategic positioning comes at a time when Western economies are actively seeking to reduce dependence on Chinese-dominated supply chains for critical minerals, potentially creating significant long-term value for the company and its investors.View Canada Nickel's company profile: https://www.cruxinvestor.com/companies/canada-nickelSign up for Crux Investor: https://cruxinvestor.com

American Rare Earths CEO Chris Gibbs joined Steve Darling from Proactive's OTC studio in New York City to announce the results of the company's Updated Scoping Study for the Halleck Creek Rare Earths Project in Wyoming. The study reaffirms the project's robust financial performance, scalability, and strategic importance as the only large-scale rare earths project in the United States with a clear path to production, positioning ARR to secure a domestic, tariff-free supply of critical minerals for U.S. and allied markets. The Updated Scoping Study outlines two development scenarios including 3 Million Tonnes Per Annum with a Net Present Value (NPV10%) of US$558 million, Internal Rate of Return (IRR) of 24%, Capital Expenditure (CAPEX) of US$456 million and a Payback period of 2.7 years. Gibbs told also shared the second being 6 Million Tonnes Per Annum (Mtpa) Case with a NPV10% of US$1.171 billion, IRR of 28.4%, CAPEX of US$737 million, Payback period of 1.8 years Gibbs also highlighted the success of recent large-scale metallurgical test work, which achieved a tenfold increase in rare earth concentration. Using commercially proven MG12 Spirals and Induced Roll Magnetic Separation (IRMS) technology, the company upgraded mineralized feedstock from 3,438 ppm (0.34%) TREO to approximately 37,200 ppm (3.72%) TREO. This significant increase means that only 6.5% of the mined ore requires further refining, substantially reducing processing volumes and operational costs. The large-scale test program validates the assumptions outlined in the company's initial Scoping Study and reinforces the project's potential for scalable, cost-efficient production of rare earth elements. Gibbs emphasized that these results, combined with the recent increase in the project's JORC Resource estimate, strengthen the long-term viability of Halleck Creek. ARR plans to release an Updated Scoping Study shortly, incorporating these advancements and solidifying Halleck Creek's position as a cornerstone of the U.S. rare earths supply chain. #proactiveinvestors #americanrareearthslimited #asx #arr #otcqx #arrnf #adr #amrry #wyomingrareinc #RareEarthMetals #HalleckCreek #Mining #Neodymium #USMining #CriticalMinerals #ChrisGibbs #ProactiveInvestors #Metallurgy #WyomingProjects #OTCMarkets

In this episode, we delve into the essential metrics of apartment investing: Cash Flow, Internal Rate of Return (IRR), and Average Annualized Return (AAR). Learn the significance of each metric, how to calculate them, and when to prioritize one over the other. We provide clear examples to illustrate concepts and discuss the benefits and pitfalls associated with these metrics. By the end, you'll have a solid understanding of these financial metrics to make informed and profitable investment decisions. Don't forget to like, subscribe, and reach out with your questions! Support the showFollow Rama on socials!LinkedIn | Meta | Twitter | Instagram|YoutubeConnect to Rama Krishnahttps://calendly.com/rama-krishna/ E-mail: info@ushacapital.comWebsite: www.ushacapital.comRegister for Multifamily AP360 - 2025 virtual conference - https://mfap360.com/To find out more about partnering or investing in a multifamily deal: email: info@ushacapital.com

GoviEx Uranium Inc head of investor relations Isabel Vilela talked with Proactive's Stephen Gunnion about the latest developments for the company, including progress on the Mutanga project in Zambia and the renewed discussions regarding the Madaouela project in Niger. Vilela shared positive news on the Madaouela project, highlighting that GoviEx had suspended arbitration against the Government of Niger after signing a letter of intent outlining a roadmap for future discussions. "The Ministry of Mines had reached out to us during Indaba... It is still early days, and there is no guarantee that we will, in fact, find an amicable solution," Vilela said. On the Mutanga project front, GoviEx has appointed Endeavor Financial as advisors to expedite financing. The project boasts a Net Present Value (NPV) of $243 million and an Internal Rate of Return (IRR) of nearly 21%, with a production target of 2.2 million pounds per year starting in 2028. Vilela emphasized Mutanga's advantages, including its simple, open-pit design and Zambia's stable mining environment. Looking ahead, GoviEx is focused on financing, finalising its Environmental and Social Impact Assessment (ESIA) by the end of this quarter, and advancing discussions with off-takers. "We are working on a number of things, and we are looking forward to developing this project," Vilela added. For more interviews and insights, visit Proactive's YouTube channel. Don't forget to like the video, subscribe, and enable notifications for future content. #GoviExUranium #UraniumMining #MutangaProject #MadaouelaProject #ZambiaMining #NigerMining #MiningInvesting #ProactiveInvestors #ESIA #EndeavorFinancial

Send us a textWhat if you could transform your understanding of the commercial real estate market in one insightful conversation? Join me, Edward Finley, as I engage with John Sweeney from Park Madison Partners, who guides us through the complexities and potential of this dynamic sector. Together, we uncover how commercial real estate is anything but a singular asset class, highlighting its diverse components and the significant role location plays in its valuation. From the ripple effects of corporate giants like Amazon on local economies to understanding commercial real estate as a hedge against inflation, this episode provides a comprehensive view of the market's intricacies.Our discussion takes a deeper dive into the strategies investors use to navigate the commercial real estate landscape. We categorize investment opportunities into Core, Core Plus, Value-Add, and Opportunistic, demystifying industry jargon like Internal Rate of Return (IRR) and capitalization rates (cap rates) along the way. By examining how major market shifts and macroeconomic factors affect each investment type, we offer listeners the tools to assess risk and return potential in this fluctuating environment. John shares real-world insights into how recent economic conditions, including post-COVID realities and rising interest rates, have reshaped investor strategies and asset pricing.With an eye on the future, we explore the transformative changes that the commercial real estate market faces today. The evolution of workplace dynamics and the pervasive shift towards high-end office spaces are set against the backdrop of hybrid work models and remote collaboration. As we reflect on the challenges and opportunities these changes present, it becomes clear that active management and strategic foresight are essential. Whether you're a seasoned investor or simply curious about the future of real estate, this episode invites you to consider new perspectives and adapt to a rapidly changing market landscape.Thanks for listening! Please be sure to review the podcast or send your comments to me by email at info@not-another-investment-podcast.com. And tell your friends!

Shane Williams, President and CEO of West Red Lake Gold Mines (TSX.V:WRLG – OTCQB:WRLGF), joins me to dive under the hood at the key metrics and takeaways from Pre-Feasibility Study (PFS) announced to the market January 7th,  working to support the restart of gold production by end of Q2 at the Madsen Mine, in the Red Lake district of Ontario, Canada.   We started off digging into the some of the specific numbers noting the very high Internal Rate of Return (IRR) and low capex as positives for the Project. Shane also put more color around why the All-In Sustaining Costs (AISC) had moved higher, due to all the ongoing development work underground; but also highlighted ongoing initiatives that could bring that number down over time.  Another key point we kept coming back to was that the PFS was simply a snapshot in time to show that the project is quite economically viable, but that it isn't factoring in 1.1 million ounces of gold in the indicated category or all the other resources still in the inferred categories; not to mention the ability to bring in known deposits at Fork, or Rowan, or the new Upper 8 area. There are a number of levers the company can and will pull over time to show the upside and to optimize bringing in more higher-grade ore earlier in the mine plan.      Madsen Mine PFS Highlights:   Post-tax net present value (“NPV”) (5%) of $315 million at a long-term gold price of US$2,200 per oz. IRR (post-tax) 255% with a Discounted Payback Period less than 1 year. High Grade Mine: Diluted head grade averages 8.2 g/t gold Average Annual Production: 67,600 oz. gold per year over 6 years of full production, within a 7.2-year mine life Strong Free Cash Flows: $69.5 million average annual free cash flow from an operation with average total operating cost of US$919 per oz. and average all-in sustaining cost (“AISC”) of US$1681 per oz. These metrics and strong value reinforces the rationale to restart the Madsen Mine imminently based on this initial mine plan; with a production start date of Q2 2025. There is also potential for Madsen to grow beyond this initial plan with further definition and exploration drilling strengthens the rationale Construction and Capital Investment to Mine Startup Substantially Complete. Bulk sample currently being mined; mill startup to process bulk sample planned in March; 21 km of modern underground development (since 2019) provides good mining access and represents significant time and cost savings Actual Costs: The Company has been operating underground for 16 months and the mill operated in 2022, which enabled a PFS based on realized costs for most operating metrics.   Wrapping up we also touched upon the strong endorsement and key milestone announced on January 2nd, that the Company has entered into a completed credit agreement with Nebari Natural Resources Credit Fund II LP pursuant to which the Company will borrow up to a maximum principal amount of US$35 million to be issued in three tranches of : (i) US$15 million (“Tranche 1”), (ii) US $15 million (“Tranche 2”), and (iii) US$5 million (“Tranche 3”). Tranche 1 was drawn down on December 31, 2024.  Shane shared the level of due diligence that Nebari had conducted and how this was simply another layer of professional vetting that the Madsen Mine restart plan has checked off successfully.   If you have any follow up questions for the team over at West Red Lake Gold please email me at  Shad@kereport.com.   In full disclosure, Shad is shareholder of West Red Lake Gold Mines at the time of this recording.   Click here to visit the West Red Lake Gold website and read over the recent news we discussed.

Interview with George Sakalidis, Managing Director of Magnetic ResourcesRecording date: 20th December 2024Magnetic Resources (ASX: MAU) has emerged as a significant player in Western Australia's gold sector with a major discovery in the Laverton region, approximately 300km north of Kalgoorlie. The company has delineated nearly 2 million ounces of gold since staking the ground in 2017, achieved through an extensive drilling campaign comprising 170,000 meters across 1,900 holes.The company's flagship Lady Julie North 4 deposit currently hosts 1.5 million ounces, with a resource upgrade expected in January. Recent drilling results have been particularly impressive, featuring high-grade intercepts including 76m @ 2.5 g/t and 24m @ 5 g/t gold. The deposit has demonstrated considerable depth potential, extending up to a kilometer down dip, supporting plans for both open pit and underground operations.A feasibility study, due in March, will examine development scenarios targeting initial production of 150,000 ounces per year. The project's economics appear robust, with preliminary studies based on a A$3,200/oz gold price showing an NPV of A$925 million, EBITDA of A$1.4 billion, and an impressive 135% Internal Rate of Return with a 12-month payback period.The project's strategic location presents significant advantages, sitting just 10-15km from two major processing plants operated by Gold Fields and Genesis. Both facilities are currently operating below capacity, opening potential opportunities for toll treatment arrangements or corporate transactions. The site also benefits from existing infrastructure, including access to a gas pipeline and proximity to established mining roads.Magnetic Resources, led by Managing Director George Sakalidis, has achieved these results at a remarkably low discovery cost of $9 per ounce. The company is well-funded with A$12 million in the bank, sufficient to complete its feasibility study, and is engaged in discussions with banks regarding project financing.The project's development path appears to have two potential routes: either advancing to production independently or pursuing a corporate transaction with neighboring producers seeking additional feed for their processing facilities. The company has established a data room and is entertaining potential M&A interest, though management emphasizes they are equally prepared to proceed with development independently.With its combination of scale, grade, strategic location, and robust economics, Magnetic Resources represents a significant new development in Western Australia's gold sector. The upcoming resource upgrade and feasibility study in early 2025 will be crucial catalysts in determining the project's ultimate development path.Sign up for Crux Investor: https://cruxinvestor.com

Let me guess: you listened to our previous episode with Brian Armstrong and got interested in what the numbers look like in that real estate syndication opportunity for engineers. Correct?

When it comes to real estate investing, understanding the right metrics can make all the difference. Equity multiple, IRR, and cash-on-cash returns often get thrown around—but what do they mean, and which one should you focus on? In this episode, we break down these essential metrics so you can make more informed investment decisions based on your goals. Key Takeaways: -Equity Multiple: Learn how this metric reflects your total return on investment and why it's ideal for long-term investors. -Internal Rate of Return (IRR): Understand how IRR factors in the time value of money to compare deals and maximize returns. -Cash-on-Cash Return: Discover why cash flow matters for investors prioritizing steady income over long-term growth. -Tailoring Metrics to Your Goals: Identify which metric—equity multiple, IRR, or cash-on-cash—aligns best with your investment strategy. Whether you're focused on building long-term wealth, growing your portfolio quickly, or achieving consistent cash flow, this episode will help you navigate the numbers and take actionable steps in your investing journey.  Are you REady2Scale Your Multifamily Investments? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com. To reach Ellie & the Blue Lake team, email them at info@bluelake-capital.com or complete our investor form at www.bluelake-capital.com/new-investor-form and they'll connect with you. Credits Producer: Blue Lake Capital Strategist: Syed Mahmood Editor: Emma Walker Opening music: Pomplamoose  Timestamps 00:00 Introduction to Real Estate Investing Metrics 00:51 Understanding Equity Multiple 01:29 Decoding Internal Rate of Return (IRR) 02:49 Exploring Cash on Cash Return 05:05 Conclusion and Final Thoughts  Learn more about your ad choices. Visit megaphone.fm/adchoices

John Miniotis, President and CEO, and Jeremy Weyland, Senior VP of Projects and Development of AbraSilver Resource Corp (TSX.V:ABRA – OTCQX:ABBRF), both join me to review the results of their updated Pre-Feasibility Study (“PFS”) for the Diablillos silver-gold project, located in Salta Province, Argentina.   PFS Study Highlights:   All dollar ($) figures are presented in US dollars unless otherwise stated. Base case metal prices used in the PFS are $2,050 per gold (“Au”) ounce (“oz”) and $25.50 per silver (“Ag”) oz.   Attractive project economics: 747 million after-tax Net Present Value discounted at 5% per annum (“NPV”); 27.6% Internal Rate of Return (“IRR”) and 2.0-year payback period.  At current spot prices1 an after-tax NPV5% of $1,291 million with an IRR of 39.3% and payback of 1.5 years.  Substantial silver and gold production – 13.4 Moz silver-equivalent “AgEq”) average annual production over a 14-year life-of-mine (“LOM”), comprised of 7.6 Moz Ag and 72 koz Au, with average annual production of 16.4 Moz AgEq over the first five years of full mine production, comprised of 11.7 Moz Ag and 59 koz Au.  Low All-in Sustaining Cash Costs (“AISC”)– Average AISC of $12.67/oz AgEq over LOM, and $11.23/oz AgEq over the first five years of full mine production.  Initial capital expenditures - Initial pre-production capital expenditure of $544 million (including contingency)with a further $77 million in sustaining capital over the LOM.   Significant potential for additional economic improvements: Replacement of on-site self-generation from a combined solar-diesel power plant with a connection to the national grid under a long-term power purchase agreement  from a third party. Capturing this opportunity would provide a meaningful reduction to initial capital, lower operating costs and, potentially, improve the carbon footprint of the Project.  A revised mine plan based on a new Mineral Resource and Reserve estimate that incorporates the additional Phase IV exploration drilling results at JAC and the northeast zone of Oculto as well as higher metal price assumptions. A new mine plan may present the opportunity to reduce strip ratio, and improve operating cashflow.  Expansion of available water resources to the Project to remove constraints on plant throughput resulting in increased metal production.  Treatment of marginal material currently classified as waste through secondary processing, such as heap leaching, resulting in increased metal production.   Improvements to the design of the Tailings Storage Facility (“TSF”) to reduce capital and operating cost, and also decrease the environmental footprint.     Jeremy unpacks the benefits to the economics and from the Incentive Regime for Large Investments (“RIGI”) legislation passed by the Argentinean congress in July, 2024.  The key incentives include a reduction of the federal corporate income tax rate from 35% to 25%; the elimination of export duties levied on gold and silver sales respectively; and accelerated tax depreciation of plant and equipment.  He walks us through the timeline for qualifying projects with expenditures above $200M applying for RIGI before the law expires in July, 2026.  AbraSilver will apply after they receive their EIA, and then the Company must spend 40% of the investment amount within two years of approval (by no later than July 2028).  Diablillos meets all of the required qualifications for RIGI. The PFS considers an execution plan to obtain RIGI approval by no later than Q2 2026, giving the Project until Q2 2028 to spend 40% of the investment, or approximately $200M.   John wraps us up with all the exploration catalysts to come from the ongoing 20,000 meter Phase 4 diamond drill campaign on their wholly-owned Diablillos property, which has continued to extend mineralization at both the JAC Zone and Occulto NE, as well as a new discovery made outside of the known resources at the Sombra Target, the drilling at Cerro Bayo, and the copper-gold porphyry targets at Cerro Blanco and Cerro Viejo.    If you have any follow up questions for John or Jeremy regarding at AbraSilver, then please email me at Shad@kereport.com.   In full disclosure, Shad is a shareholder of AbraSilver at the time of this recording.   Click here to visit the AbraSilver website and read over the most recent news releases.

John Darch, Chairman and Director, and Ken MacLeod, President and CEO of Sonoro Gold Corp (TSXV: SGO) (OTCQB: SMOFF), both join me to introduce the Cerro Caliche Gold Project, and the exploration and development initiatives to move it into open-pit production within 12 months of receiving their final permit in Mexico.   This 1,400-hectare property confirms a broadly mineralized low-sulphidation epithermal vein structure and over 25 northwest-trending gold mineralized zones along trend and near surface. With only 30% of the property's identified mineralized zones drilled and assayed, the Company filed an updated Mineral Resource Estimate (MRE) in March 2023 based on a total 55,360 meters of drilled data, including 498 drill holes, 17 trenches and assays for 53,865 meters of the drilled data.   In October 2023, the Company filed a new Preliminary Economic Assessment (PEA) demonstrating the potential viability for a 9-year open pit, heap leach mining operation. Using a gold price of US $1,800 per ounce, the project has an after-tax net present value discounted at 5% (“NPV5”) of US $47.7M and an Internal Rate of Return (“IRR”) of 45%. Using a gold price of US $2,000 per ounce, the project has an after-tax NPV5 of US $77M and an IRR of 63%.   John and Ken review the potential for resource expansion, the bench strength and experience of the management team and board, the financial health of the company, the strong inside ownership and backing with even a private unsecured loan, and the plan to grow exploration and resource expansion through the organic revenues generated once the mine is put into production.   If you have questions for John and Ken regarding Sonoro Gold, then please email those into to me at Shad@kereport.com.   Click here to follow the latest news on Sonoro Gold

Many property investors never know if they will win or lose on a property until the day they finally sell it: In contrast, professional investors don't fly blind, instead they concentrate on their Internal Rate of Return. Here's how it works. Stuart Wemyss of Prosolution Private Clients joins wealth editor James Kirby in this episode. ---------- In today's show, we cover: * Assessing the Internal Rate of Return on your property * The secret of high-yielding investment property* Why homeowners win in the pension system * Land tax traps (especially in Victoria)  See omnystudio.com/listener for privacy information.

Net Present Value and Internal Rate of Return Business Finance, FIL 240-001, Autumn 2024, Lecture 22 Type: mp3 audio file ©2024

Net Present Value and Internal Rate of Return Business Finance, FIL 240-002, Autumn 2024, Lecture 22 Type: mp3 audio file ©2024

Jason Jessup, CEO and Director of Magna Mining (TSX.V: NICU) (OTCQB: MGMNF), joins us to unpack a number of key Company milestones all just achieved in the last few months, including the transformative move into copper and nickel production at the McCready West mine in Sudbury, Canada.  We dive into the details of the recently announced acquisition of multiple polymetallic prior producing mines and exploration projects around the Sudbury Basin, the results of the Preliminary Economic Assessment (PEA) from Crean Hill, and the results of the recent bulk sample processing from the 109 Footwall at Crean Hill.  Additionally, we review the conditional approval for the Federal Critical Mineral Infrastructure Fund that was just received, to help fund further studies and future development of their projects.   Their move into copper production was announced on September 12th, highlighting an agreement with a subsidiary of KGHM International Ltd. to acquire a portfolio of base metals assets located in the Sudbury Basin that includes: the producing McCreedy West copper mine, the past-producing Levack mine, the past-producing Podolsky mine, and past-producing Kirkwood mine, as well as the Falconbridge Footwall (81.41%), Northwest Foy (81.41%), North Range and Rand exploration assets.  Jason outlines how he and multiple members of the Magna Mining team had worked at and run the McCreedy West and Levack Mines in the past when with FNX Mining, so that they are very familiar with these assets.  While the current flagship will be the McCreedy West Mine, he also lays out the development pathway for bringing back into production the Levack Mine in 2026, and the Podolsky Mine by late 2027.   Shifting over to the Crean Hill Mine Project,  Jason reiterated that their management team and board is still very interested on developing this asset and moving it towards production by 2027.   The PEA was just released to the market on September 17th and highlighted a Pre-tax NPV (8%) of $265.3 million and an Internal Rate of Return ("IRR") of 142% at conservative metal prices. There would be a low pre-production capital cost of $27.7M following AdEx period; and a payback of pre-production period capital within the first year of commercial production, and payback of all capital including AdEx period capital within the second year of commercial production.  Crean Hill would have an average underground production rate of 2,200 tonnes per day ("tpd") consisting of 1,650 tpd of higher-margin primary feed and 550 tpd of lower grade, incremental feed.     We also reviewed the completion of the recent initiative to mine surface bulk sample at the 109 Footwall Zone at Crean Hill, which commenced on July 2, 2024, and then process the material through the Sudbury Integrated Nickel Operations' ("Glencore") Strathcona Mill, which was completed on September 7, 2024. A total of 20,524 dry tonnes of feed (see Table 1) from the 109 FW Zone was processed over a 5-day period. Concentrate was produced which will be processed through Glencore's Falconbridge Smelter.  Jason reiterated that this surface bulk sample program was successful and acquired much of the data required to fully assess the base case metallurgical performance of the 109 FW Zone. Additional testing is being completed on samples collected during the program and will be used to advise future test work, and the ultimate pathway towards nickel, copper, platinum, palladium and gold production in the prolific mining district in Sudbury.   Additionally, back on March 27, 2024, Magna announced the signing of a Definitive Offtake Agreement for advanced exploration at Crean Hill with Vale Canada. The Vale agreement excluded the 109 FW Zone as Magna wanted to explore other processing options to improve recoveries for the copper-PGM rich mineralization in this zone.  These two agreements with both Glencore and Vale demonstrate the various options for Magna to do future toll-milling agreements and  grow their mining business in the Sudbury region.   Lastly, on October 9th, Magna Mining announced that it has received notification from Natural Resources Canada (NRCAN) that pending final due diligence, certain initiatives at both the Crean Hill and Shakespeare Mines have been conditionally approved for funding from the Critical Minerals Infrastructure Fund (CMIF). The funding will support pre-construction activities to help advance clean energy and transportation infrastructure at both projects.*   If you have questions for Jason regarding Magna Mining, then please email us at Shad@kereport.com or Fleck@kereport.com.   In full disclosure, Shad is a shareholder of Magna Mining at the time of this recording.   Click here to follow along with the news at Magna Mining

Interview with Elaine Ellingham, President & CEO of Omai Gold Mines Corp.Our previous interview: https://www.cruxinvestor.com/posts/omai-gold-mines-tsxvomg-fast-track-to-production-on-43moz-gold-resource-project-in-guyana-5390Recording date: 11th September 2024Omai Gold Mines is rapidly emerging as a compelling investment opportunity in the junior gold mining sector, with its flagship project in Guyana poised for significant growth and development. The company's strategic position in the underexplored Guiana Shield, combined with robust project economics and substantial resource expansion potential, makes it an attractive prospect for investors seeking exposure to the gold market.Led by experienced President & CEO Ela Ellingham, Omai has been aggressively exploring its project for the past three years, consistently expanding its resource base. The company recently released a Preliminary Economic Assessment (PEA) that demonstrates strong project fundamentals, even when based on conservative assumptions. The PEA outlines an operation capable of producing an average of 142,000 ounces of gold annually over a 13-year mine life, with a Net Present Value (NPV) of $556 million at a 5% discount rate and an Internal Rate of Return (IRR) of 19.8%, using a gold price of $1,950 per ounce.Importantly, these figures are based on only 45% of the current resource and cover just one of two known deposits on the property. This conservative approach suggests significant upside potential as Omai continues to expand its resource base and optimize its development plans. The company recently completed a $13 million financing, with 90% participation from funds, providing the capital needed to accelerate its exploration efforts.Omai's project benefits from several key advantages. The deposit extends over 2.4 kilometers, with zones showing continuity along strike, providing numerous targets for resource expansion. Management has also observed that gold grades tend to increase with depth, suggesting that future drilling could potentially add higher-grade material to the resource. At current gold prices (around $2,500/oz), the project's economics improve dramatically, with the NPV potentially reaching $950 million and the IRR increasing to about 28%.The company's strategy focuses on systematically de-risking and advancing the project towards production. With two drill rigs currently operating and a target of drilling approximately 4,000 meters per month, Omai is well-positioned to deliver a steady stream of news flow and potential catalysts for share price appreciation.From a macro perspective, Omai stands to benefit from several industry trends. Major gold producers are facing declining reserve bases and struggling to replace depleted ounces, driving interest in junior explorers with significant resource potential. The gold mining sector has also seen increased M&A activity as larger companies seek to bolster their project pipelines. Omai's potential for a 20-30 year mine life makes it particularly attractive to mid-tier and major producers looking to establish a long-term presence in a new jurisdiction.While investing in junior mining companies carries inherent risks, Omai's strong fundamentals, exploration upside, and strategic appeal make it a compelling consideration for investors seeking exposure to the gold sector. The company's clear strategy, predictable geology, and significant resource expansion potential offer an attractive risk-reward profile.As CEO Elaine Ellingham states, "We know exactly where we want to drill and as I said, the one slice between 200 and 300 meters gave us over a million ounces. That's the focus at two grams. So we're basically stepping out 150 meters and we know from the drilling we've done it's fairly predictable. We think we can build that up and target a fairly significant deposit."For investors looking to gain exposure to a potentially world-class gold asset in an emerging mining jurisdiction, Omai Gold Mines presents an opportunity worth serious consideration. As the company continues to advance its project and demonstrate its value, it may attract increased attention from both investors and potential strategic partners in the mining industry.View Omai Gold Mines' company profile: https://www.cruxinvestor.com/companies/omai-gold-minesSign up for Crux Investor: https://cruxinvestor.com

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In this episode of Loan Officer Training, we explore the intricacies of analyzing Internal Rate of Return (IRR). As a critical metric for evaluating the profitability of potential investments, IRR is essential for loan officers and financial professionals alike. We'll guide you through the fundamentals of IRR, explaining its significance, calculation methods, and practical applications in real estate and loan assessments. Learn how to interpret IRR in the context of cash flow projections, investment comparisons, and risk assessments. Whether you're a seasoned professional or new to the field, this episode will enhance your ability to make informed investment decisions and provide valuable insights to your clients. Tune in to master the art of analyzing IRR and take your financial expertise to the next level!Join The Mortgage Calculator at https://themortgagecalculator.com/joinAbout The Mortgage Calculator:The Mortgage Calculator is a licensed Mortgage Lender (NMLS #2377459) that specializes in using technology to enable borrowers to access Conventional, FHA, VA, and USDA Programs, as well as over 5,000 Non-QM mortgage loan programs using alternative income documentation! Using The Mortgage Calculator proprietary technology, borrowers can instantly price and quote thousands of mortgage loan programs in just a few clicks. The Mortgage Calculator technology also enables borrowers to instantly complete a full loan application and upload documents to our AI powered software to get qualified in just minutes!Our team of over 350 licensed Mortgage Loan Originators can assist our customers with Conventional, FHA, VA and USDA mortgages as well as access thousands of mortgage programs using Alternative Income Documentation such as Bank Statement Mortgages, P&L Mortgages, Asset Based Mortgage Programs, No Ratio CDFI Loan Programs, DSCR Investor Mortgages, Commercial MoCatch all the episodes of the Loan Officer Training Podcast at https://themortgagecalculator.com/Page/Loan-Officer-Training-Series-Podcast Catch all the episodes of the Loan Officer Training Podcast at https://themortgagecalculator.com/Page/Loan-Officer-Training-Series-PodcastLoan Officers for Unlimited Free Non-QM Leads & Trainings Join The Mortgage Calculator at https://themortgagecalculator.com/joinThe Mortgage Calculator is a licensed Mortgage Lender (NMLS #2377459) that specializes in using technology to enable borrowers to access Conventional, FHA, VA, and USDA Programs, as well as over 5,000 Non-QM mortgage loan programs using alternative income documentation! Using The Mortgage Calculator proprietary technology, borrowers can instantly price and quote thousands of mortgage loan programs in just a few clicks. The Mortgage Calculator technology also enables borrowers to instantly complete a full loan application and upload documents to our AI powered software to get qualified in just minutes! Our team of over 350 licensed Mortgage Loan Originators can assist our customers with Conventional, FHA, VA and USDA mortgages as well as access...

Interview with Andrew Williams, President and CEO of New Pacific MetalsOur previous interview: https://www.cruxinvestor.com/posts/new-pacific-metals-nuag-advancing-2-large-bolivian-ag-au-projects-3092Recording date: 28th June 2024New Pacific Metals (TSX:NUAG) is emerging as a compelling player in the silver mining sector, with two significant discoveries in Bolivia that are attracting attention from investors and industry experts. The company's flagship Silver Sand project has recently reached a crucial milestone with the publication of its pre-feasibility study (PFS), while its second project, Carangas, is advancing towards a preliminary economic assessment (PEA).The Silver Sand project's PFS results are particularly noteworthy, showcasing robust economics that position it as one of the world's premier undeveloped precious metals projects. With an after-tax Net Present Value of $740 million at $24 silver, a 37% Internal Rate of Return (IRR), and a payback period under two years, Silver Sand demonstrates significant potential for value creation. The project's NPV to initial capital expenditure ratio of over 2 further underscores its attractiveness.New Pacific's second discovery, the Carangas project, adds another dimension to the company's growth potential. With a PEA expected in the coming months, Carangas could potentially unveil another significant silver asset, further enhancing the company's resource base.One of New Pacific's key strengths lies in its strategic backing. The company boasts strong support from major players in the silver mining industry, with Silver Corp holding a 27% stake and Pan American Silver owning just under 12%. This backing not only provides financial support but also lends credibility to New Pacific's projects and approach.Operating in Bolivia presents both opportunities and challenges. While the country has a rich mining history, it hasn't seen a new large-scale open-pit mine permitted in some time. New Pacific has taken a strategic approach by employing a 100% Bolivian team for its in-country operations, complemented by experienced expats and Vancouver-based management. This structure effectively balances local knowledge with international mining expertise.The silver market outlook provides an attractive backdrop for New Pacific's projects. Silver demand is driven by both investment and growing industrial applications, particularly in sectors such as photovoltaics and electric vehicles. The supply side is constrained, as 75% of silver is produced as a byproduct of other metals, potentially setting the stage for significant price movements if demand outpaces supply growth.From a financial perspective, New Pacific is well-positioned with approximately US$15 million expected in cash reserves by the end of the year. This runway provides the company with flexibility to continue advancing its projects without immediate financing pressure.For investors, New Pacific Metals offers exposure to two high-quality silver assets in a jurisdiction that, while challenging, offers potential for lower costs and less competition. The company's strong backing, experienced management, and advancing projects make it an attractive option for those seeking exposure to the silver market.However, investors should be mindful of the risks associated with mine development in Bolivia and the inherent volatility of the silver market. As with any mining investment, careful due diligence is essential. Potential investors should closely monitor progress on permitting, stakeholder engagement, and project advancement, as well as broader trends in the silver market.View New Pacific Metals' company profile: https://www.cruxinvestor.com/companies/newpacificmetalsSign up for Crux Investor: https://cruxinvestor.com

Welcome back, friends! In this episode, Brian Davis, co-founder of Spark Rental, is joined by Litan Yahav from VYZER to explain the concept of Internal Rate of Return (IRR) in real estate investing. Discover why IRR is crucial for evaluating the performance of your investments, how it differs from ROI and AAR, and why understanding compounding returns can make a significant impact on your financial success. Whether you're a seasoned investor or new to the game, this discussion offers valuable insights to help you maximize your real estate investments. Don't miss out! Topics Covered: 0:01 Introduction 0:15 Common question: What is Internal Rate of Return (IRR)? 0:25 Leeton Yahav explains IRR and its importance 0:46 Difference between ROI, MOI, and IRR 2:01 Importance of considering the time effect on returns 2:32 Real-world examples of IRR in action 3:27 The role of compounding in IRR 4:01 How VYZER helps investors track and manage their investments 4:41 Free 40-minute class on private equity real estate investing Learn more about Leeton Yahav and VYZER: VYZER Take our free class on private equity real estate investing: Hack the Rich: 7 Secrets from Private Equity Real Estate Connect with us: Website: sparkrental.com Twitter: @SparkRental Facebook: SparkRental LinkedIn: SparkRental Connect with Litan Yahav: Website: https://vyzer.co LinkedIn: https://www.linkedin.com/in/litanyahav If you enjoyed this video, please like, share, and subscribe! And don't forget to leave a comment with your thoughts or questions. See you next time!

In this compilation program, Steve Peasley, Justin Klein and Luke Guerrero field a variety of finance and investment questions from callers across the United States and around the world.Today's Stocks & Topics: Home Builders, Internal Rate of Return, Roth I-R-A & K1, What to Do With Extra Money, Where to Invest, Roth I-R-A, Retirement, What to Do When a Company Goes Down 90%, Stock Screeners, Silver, ETFs, Investing, Profit-Taking.Our Sponsors:* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.com/* Check out eBay Auto: www.ebay.com* Learn more at hackerone.comAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Feeling overwhelmed by real estate investment options? Struggling to choose between cash flow and wealth building? Join Sarah Miskelly as we decode key insights from the Best Ever Real Estate Conference.Learn how to break free from analysis paralysis and confidently navigate investment decisions. From avoiding the pitfalls of blindly trusting Internal Rate of Return (IRR) to prioritizing integrity in partnerships, discover practical strategies for success.Explore how to evaluate operators, align goals with opportunities, and conquer market uncertainty. Tune in and simplify your path to financial success in real estate investing!

In this episode of the Venture Capital Podcast, hosts Jon Bradshaw and Peter Harris delve into the concept of Asset Under Management (AUM), a crucial term in the venture capital industry. They define AUM as the total amount of assets that a firm is managing, which can include the amount of money raised, invested, and the profits generated.The hosts discuss the importance of understanding AUM, particularly in private equity and hedge funds, where it is used to mark to market and provide a rough indication of the firm's size, deal types, and performance. They highlight the difference between AUM and the amount of cash on hand, emphasizing that firms typically hold very little cash due to the impact on their Internal Rate of Return (IRR) and fund performance.The conversation also touches on the various ways to calculate AUM, including the amount raised, invested, and profits generated. The hosts explain how AUM is affected by capital calls, distributions to investors, and the performance of investments. Throughout the episode, Jon and Peter provide insights into the venture capital industry, discussing how AUM is used to gauge the size and success of a firm, and how it can influence the perception of a firm's capabilities. They also share their own experiences with AUM, with Peter highlighting the importance of transparency in managing AUM, especially for student-run funds.Overall, this podcast episode offers a comprehensive explanation of AUM, its significance in the venture capital industry, and its impact on the performance and reputation of venture capital firms.Follow the PodcastInstagram: https://www.instagram.com/venturecapitalfm/Twitter: https://twitter.com/vcpodcastfmLinkedIn: https://www.linkedin.com/company/venturecapitalfm/Spotify: https://open.spotify.com/show/7BQimY8NJ6cr617lqtRr7N?si=ftylo2qHQiCgmT9dfloD_g&nd=1&dlsi=7b868f1b72094351Apple: https://podcasts.apple.com/us/podcast/venture-capital/id1575351789Website: https://www.venturecapital.fm/Follow Jon BradshawLinkedIn: https://www.linkedin.com/in/mrbradshaw/Instagram: https://www.instagram.com/mrjonbradshaw/Twitter: https://twitter.com/mrjonbradshawFollow Peter HarrisLinkedIn: https://www.linkedin.com/in/peterharris1Twitter: https://twitter.com/thevcstudentInstagram: https://instagram.com/shodanpeteYoutube: https://www.youtube.com/@peterharris2812

Join us as we embark on an enlightening journey through the multifaceted world of real estate investing with Randy Langenderfer of InvestArk. Randy shares his seasoned expertise, recounting his evolution from single-family home investing to the more complex realm of multifamily syndications. Listen in as we uncover the benefits of pooling resources to tackle larger property investments, and explore why Randy favors this method over other investment strategies. Whether you're a novice or an experienced investor, Randy's insights provide valuable perspectives on navigating the real estate landscape.   In this conversation, we tackle the topic of financial security through real estate versus franchise investment, especially in the face of economic uncertainty. I open up about my own experience, contemplating the purchase of a franchise but ultimately being drawn to the allure of multifamily properties. Randy and I compare the hands-on demands of a franchise with the potential for passive income through real estate syndication, delving into the significance of non-recourse loans and the broad spectrum of investment options that exist.   The episode rounds off with a candid discussion on the strategic shift from corporate America to full-time real estate investing, emphasizing the importance of specialization within the industry. We also highlight the transformative power of real estate investment in creating passive income streams and the pursuit of financial independence. Plus, don't miss out on our breakdown of financial projections, such as cash-on-cash return and Internal Rate of Return, as well as strategies for maximizing property value. With Randy's guidance, we navigate the complexities of commercial real estate investment and underscore the critical need for trust and relationships in successful syndications.   TIMESTAMP:   (00:01) - Real Estate Investing Strategies and Experiences (10:49) - Real Estate vs. Franchise Investment (25:42) - Real Estate Investment and Career Change (29:50) - Real Estate Syndication Investment Opportunities (39:35) - Commercial Real Estate Investment and Strategy (53:05) - Franchising and Real Estate Investing   Join the FREE Path To Freedom Facebook Group here: https://www.facebook.com/groups/1634819733719715/   7 Steps to Owning a Franchise: https://path2frdm-1.hubspotpagebuilder.com/path-to-freedom-about-franchising   If you would like to learn more about this particular franchise opportunity, or discuss franchise ownership in general - feel free to use the link to my calendar below to schedule a free, no-obligation introductory meeting.   https://calendly.com/wes-barefoot/introcallwithwes   Connect with Wes: Instagram: https://www.instagram.com/path2frdm/ Facebook: https://www.facebook.com/path2frdm Linkedin: https://www.linkedin.com/in/wesleybarefoot/

John Miniotis, President and CEO of AbraSilver Resource Corp (TSX.V:ABRA – OTCQX:ABBRF), join us to outline the key takeaways and primary metrics from its Preliminary Feasibility Study (“PFS”) for its wholly-owned Diablillos project in Salta Province, Argentina, just released on March 25th, 2024.   >> PFS Study Highlights:   Attractive project economics – $494 million after-tax Net Present Value discounted at 5% per annum at base-case metal prices, with an after-tax Internal Rate of Return (“IRR”) of 25.6% and payback of 2.4 years. At current spot prices an after-tax NPV5% of $661 million with an IRR of 30.3% and payback of 2.1 years Base case metal prices used in this analysis are $1,850 per gold (“Au”) ounce (“oz”) and $23.50 per silver (“Ag”) oz. Substantial silver and gold production – 13.3 Moz silver-equivalent (“AgEq”) average annual production over a 13-year life-of-mine, comprised of 7.7 Moz Ag and 71 koz Au, or, with average annual production of 17.9 Moz AgEq over the first five years of full mine production, comprised of 14.5 Moz Ag and 44 koz Au  Low All-in Sustaining Cash Costs (“AISC”)– Average AISC of $12.40/oz AgEq over LOM   Low capital cost – Initial pre-production capital expenditure of $373 million and sustaining capital of $65 million  Open pit mine with high grades – Conventional open pit mining and processing plant focused exclusively on oxide mineralization with average grades of 91 g/t Ag and 0.81 g/t Au (155 AgEq) over the LOM  Maiden Proven Probable (“P”) Mineral Reserves Based on the PFS, Diablillos is estimated to hold PP Minerals Reserves containing 210 Moz of AgEq metal (42.3 Mt at 91 g/t Ag 0.81 g/t Au)   Potential for additional economic improvements – Several opportunities have been identified that may significantly enhance the economic returns as detailed later in this release:  A Phase IV drill campaign is planned to further expand the Mineral Resource and Reserve estimates within the existing deposits and to define new adjacent mineralized zones through step-out drilling.    We also get into the optionality between silver and gold for future development options, the potential to find new satellite pits by further exploring the JAC North, Alpaca, and Fantasma targets, and discuss the benefit of the project being in the mining friendly province of Salta in Argentina.   If you have any follow up questions for John regarding at AbraSilver, then please email us at Fleck@kereport.com  or Shad@kereport.com.   In full disclosure, Shad is a shareholder of AbraSilver at the time of this recording   Click here to visit the AbraSilver website and read over the most recent news releases.

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In this compilation program, Steve Peasley, Justin Klein and Luke Guerrero field a variety of finance and investment questions from callers across the United States and around the world.Today's Stocks & Topics: Home Builders, Internal Rate of Return, Roth I-R-A & K1, What to Do With Extra Money, Where to Invest, Roth I-R-A, Retirement, What to Do When a Company Goes Down 90%, Stock Screeners, Silver, ETFs, Investing, Profit-Taking.Our Sponsors:* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.com/Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Welcome to another episode of Venture Capital podcast, where Peter Harris and John Bradshaw delve into the intricacies of the startup world. In this episode, the spotlight is on a critical question: "How do VCs measure success?"The hosts explore various dimensions of success in the venture capital realm. Is it all about becoming a billionaire, or is there more to it? The conversation unfolds as they dissect the subjective nature of success in the ever-evolving venture capital landscape.They navigate through the common benchmarks used by VCs to gauge their performance. From beating the S&P 500 to striving for top quartile status among venture funds, the hosts share insights into the metrics that matter in the competitive world of venture capital.The discussion takes an interesting turn as they explore the nuances of Internal Rate of Return (IRR) and Multiple on Invested Capital (MOIC). Is IRR just a vanity metric, and how does MOIC play a crucial role in assessing a venture fund's success? The hosts break it down, offering valuable perspectives on these key financial indicators.In addition to financial metrics, the hosts shed light on other crucial factors like hit rate, loss ratio, Total Value to Paid-In Capital (TVPI), and Distributions to Paid-In Capital (DPI). These metrics provide a comprehensive view of a venture fund's journey, emphasizing the importance of tangible returns and effective risk management.Peter also shares personal insights into how he measures success at the University Growth Fund, emphasizing the significance of producing risk-adjusted returns, raising subsequent funds, and making a meaningful impact on entrepreneurs and students.As the hosts wrap up the episode, they reflect on the evolving dynamics of the venture capital landscape and express gratitude for the growing podcast community. Tune in to gain valuable insights into the metrics and considerations that define success in the world of venture capital. Don't forget to leave a five-star review and share your thoughts in the comments—your feedback is what keeps this podcast thriving!Follow the PodcastInstagram: https://www.instagram.com/venturecapitalfm/Twitter: https://twitter.com/vcpodcastfmLinkedIn: https://www.linkedin.com/company/venturecapitalfm/Spotify: https://open.spotify.com/show/7BQimY8NJ6cr617lqtRr7N?si=ftylo2qHQiCgmT9dfloD_g&nd=1&dlsi=7b868f1b72094351Apple: https://podcasts.apple.com/us/podcast/venture-capital/id1575351789Website: https://www.venturecapital.fm/Follow Jon BradshawLinkedIn: https://www.linkedin.com/in/mrbradshaw/Instagram: https://www.instagram.com/mrjonbradshaw/Twitter: https://twitter.com/mrjonbradshawFollow Peter HarrisTwitter: https://twitter.com/thevcstudentLinkedIn: https://www.linkedin.com/in/peterharris1Instagram: https://instagram.com/shodanpeteYoutube: https://youtu.be/Hy9DsuFzTH4

In 2023, Early Stage Venture Portfolios experienced a downturn following the robust years of '21 and '22. Media outlets suggest an average decline of around 15% for startup funds in 2023, although the methodology behind this calculation remains unclear. David and Paul delve into the nuances of reporting results, focusing on Exit Portfolio outcomes measured through the Distribution of Paid In capital (DPI), synonymous with Return On Investments (ROI). Additionally, they explore reporting methods for Active Portfolios, emphasizing the valuation of ongoing investments and reporting the current Multiple On Invested Capital (MOIC) or ROI. The conversation digs into the complexities of using Internal Rate of Return (IRR) for Active Portfolios, acknowledging its limited significance due to the subjective nature of valuing an active portfolio. The discussion concludes with the presentation of the updated 2023 performance figures for both the entire VentureSouth portfolio and David's individual portfolio.Follow David on LinkedIn or reach out to David on Twitter/X @DGRollingSouth for comments. We invite your feedback and suggestions at ventureinthesouth.com or email david@ventureinthesouth.com. Learn more about RollingSouth at rollingsouth.vc or email david@rollingsouth.vc. Follow Paul on LinkedIn. Download our White Papers and Cheat Sheets HERE. Thanks for listening and remember: Our mission is to MAKE MONEY, HAVE FUN AND DO GOOD.

Successful investing requires juggling numbers, trends, and predictions; and it is important to understand the concept of mean reversion in asset class performance. Today's Stocks & Topics: EMN - Eastman Chemical Co., Internal Rate of Return, AZO - AutoZone Inc., Roth I-R-A and K1, The Stock Market, Home Builders, EQIX - Equinix Inc., The Consumer.Our Sponsors:* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.com/Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Internal Rate of Return (IRR) and the Accounting Rate of Return or Average Rate of Return (ARR), are sometimes used interchangeably, but there are some dramatic differences between both formulas. In this episode, Charles discusses how IRR and ARR differ. Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/  ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

It's the start of a new year and with it comes an opportunity to re-evaluate your trajectory and set your goals for the months to come, whether they be financial, personal, or all of the above. Kicking things off for today's episode is our conversation with Steve Balaban, a private equity insider with a refreshingly realistic and practical perspective on private equity. We talk with Steve about investing in private equity, the benefits and drawbacks every investor should know about, why due diligence is essential, how private equity interacts with investor psychology, and much more. Tuning in you'll also learn about the Private Equity Certificate offered by CFA Society Toronto in collaboration with Mink Learning and how listeners can gain special access to these training tools. Next, we take a look back at our conversation with Ayelet Fishbach from the Booth School of Business on the science of motivation and goal setting and the contents of her new TEDxChicago Talk The Science of Getting Motivated. We wrap things up with a review of Justin Breen's book titled, Epic Life: How to Build Collaborative Global Companies While Putting Your Loved Ones First, followed by our conversation with the author on the transformational power of naming your year, the power of networking, and other key lessons from his book. For all this and much more, be sure to tune in and start 2024 armed with insights from some of the best thinkers around!   Key Points From This Episode: (0:01:26) Use discount code RATIONAL to watch the award-winning documentary Tune Out The Noise, free of charge (valid until the end of January 2024, so make sure you don't miss out!)  (0:03:44) An introduction to Steve Balaban and Mink Learning, a private equity education company he founded in 2019.  (0:07:29) Steve's insights on aggregate public market equivalent (PME) benchmarking and key issues that arise when using Internal Rate of Return (IRR) to benchmark private equity.  (0:17:58) The best arguments in favour of private equity, the downsides you need to know about, and a rundown of the fees involved.  (0:23:38) Top reasons Steve has come across for why people want to invest in private equity, and what he considers to be the right reasons.  (0:29:38) How private equity interacts with investor psychology and the importance of having different vintages in your portfolio.  (0:35:15) Why private equity is typically illiquid, how liquid private equity works, and the tradeoffs for investors with liquid private equity as opposed to more direct illiquid approaches.  (0:42:59) The differences between private and public equity; advice on how investors should interpret private equity marketing materials and the importance of doing due diligence.  (0:51:59) Trends in the industry towards permanent equity, rather than rolling over every few years.   (0:59:55) Details on the Private Equity Certificate offered by CFA Society Toronto in collaboration with Mink Learning and how to use the discount code RationalReminderPEC.  (01:02:21) A look back at our conversation with Professor Ayelet Fishbach and her newly released TEDxChicago Talk The Science of Getting Motivated.  (01:03:58) Our book review of Epic Life: How to Build Collaborative Global Companies While Putting Your Loved Ones First, and our conversation with the author, Justin Breen.  (01:07:12) The transformational impact of naming your year, finding your purpose, and the power of networking.  (01:25:47) An update on our new podcast Money Scope, the content you can expect from it, and its success on the Canadian Apple Podcast charts.  (01:28:43) What we've been experiencing on LinkedIn, book recommendations for the start of 2024, and exciting upcoming guests!    Links From Today's Episode:   Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder Website — https://rationalreminder.ca/  Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on X — https://twitter.com/RationalRemind Rational Reminder on YouTube — https://www.youtube.com/channel/ Rational Reminder Email — info@rationalreminder.ca Benjamin Felix — https://www.pwlcapital.com/author/benjamin-felix/  Benjamin on X — https://twitter.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Cameron Passmore — https://www.pwlcapital.com/profile/cameron-passmore/ Cameron on X — https://twitter.com/CameronPassmore Cameron on LinkedIn — https://www.linkedin.com/in/cameronpassmore/ Tune Out The Noise — https://film.dimensional.com/podcast/login?redirect=%2Fpodcast Discount Code for Tune Out The Noise — RATIONAL Steve Balaban — https://www.stevebalaban.com/ Steve Balaban on LinkedIn — https://training.minklearning.com/ Mink Learning — https://training.minklearning.com/ Private Equity Certificate offered by CFA Society Toronto in collaboration with Mink Learning — https://web.cvent.com/event/10af7f03-e05c-465a-803e-3e8ac3864120/summary Discount Code for Private Equity Certificate — RationalReminderPEC Justin Breen on LinkedIn — https://www.linkedin.com/in/justinbreen1/ BrEpic Communications LLC — https://www.brepicllc.com/ BrEpic Network — https://brepicnetwork.org/ Episode 188: Prof. Ayelet Fishbach — https://rationalreminder.ca/podcast/188 Professor Ayelet Fishbach's TEDxChicago Talk, The Science of Getting Motivated — https://www.youtube.com/watch?v=T8CegN1xssY Episode 286: Errol Morris — https://rationalreminder.ca/podcast/286 Episode 210: Prof. Ludovic Phalippou — https://rationalreminder.ca/podcast/210 Episode 237: Who are you, and who do you want to be? — https://rationalreminder.ca/podcast/237 Episode 224: Prof. Scott Cederburg — https://rationalreminder.ca/podcast/224 Episode 284: Prof. Scott Cederburg — https://rationalreminder.ca/podcast/284 Money Scope Podcast — https://moneyscope.ca/   Books From Today's Episode: Epic Life: How to Build Collaborative Global Companies While Putting Your Loved Ones First — https://www.amazon.com/Epic-Life-Collaborative-Companies-Putting/dp/1544532555 Same as Ever: A Guide to What Never Changes — https://www.amazon.com/Same-Ever-Guide-Never-Changes/dp/0593332709 The Geek Way — https://www.amazon.com/Geek-Way-Radical-Transforming-Business/dp/0316436704 Tightwads and Spendthrifts: Navigating the Money Minefield in Real Relationships — https://www.amazon.com/Tightwads-Spendthrifts-Navigating-Minefield-Relationships/dp/1250280079 Flow: The Psychology of Optimal Experience — https://www.amazon.com/Flow-Psychology-Experience-Perennial-Classics/dp/0061339202 Get It Done: Surprising Lessons from the Science of Motivation — https://www.amazon.com/Get-Done-Surprising-Lessons-Motivation/dp/0316538345

Sterling is an accomplished medical real estate investor, orchestrated a savvy $18.5 million acquisition that swiftly appreciated to $25 million. Boasting a consistent 40% average Internal Rate of Return (IRR), Sterling is a resilient entrepreneur who went from homelessness to millionaire status in just two years with his first business. Beyond his success in real estate, he engages audiences as a speaker on passive medical real estate investments, all while pursuing his passion for acting and film production. Here's some of the topics we covered:   From Homeless To A Successful Personal Trainer The Information Being Given In Podcasts The Importance Of Having a Mentor In Your Life True Passive Income Versus Self Employed Catching Trends And Making Tons Of Cash How To Get New Deals From Seasoned Investors The Medical Landlord Aspect Of Real Estate Reclaiming Your Childhood Dreams To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email Partner@RodKhleif.com    Please Review and Subscribe  

Today's guest is Martin Macmillan, Founder and CEO of Pollen VC. In today's episode, he talks about measuring the financial impact of UA spend. In mobile marketing, ROAS has long been the go-to metric. However, a recent encounter that Martin had at a gaming conference revealed a critical blind spot—time. Two studios, seemingly comparable in ROAS, had vastly different realities. In this episode, we take a closer look at the financial impact of UA activity - and the nuances around measuring this.Check out the show notes here: https://mobileuseracquisitionshow.com/episode/measuring-returns-ua-spend-martin-macmillan-pollenvc/ KEY HIGHLIGHTS⛑️ The simplistic approach of ROAS neglects the crucial factor of time in assessing performance.

Breneman Capital is a key player in the multifamily real estate market, specializes in investments in Phoenix, Dallas, and Austin. Under Drew's leadership, the company has acquired over $200 million in investment properties as the key or sole General Partner. Drew's track record shines with an average realized Internal Rate of Return (IRR) exceeding 25% on investments sold.In this episode, Drew shares insights into investing in multifamily today. Whether you're a seasoned investor or just beginning, this discussion offers valuable knowledge to navigate the current multifamily landscapeShow Highlights:✅01:54 - Who is Drew?✅08:46 – Building business✅15:48 – Real estate transition✅24:27 – Changes in career✅35:44 – Market experience✅46:24 – Final thoughts

It's time to take a deep dive into Lithium Chile's (TSXV: LITH | OTCQB: LTMCF) new Preliminary Economic Assessment (PEA) from the Salar de Arizaro Lithium Project. From a pure exploration play, the company is heading to the cusp of commercialization as it consolidates its latest findings. CEO and President Steve Cochrane unpacks the minutiae of the report in this highly insightful interview with Global One Media.The PEA, conducted by engineering firm Ausenco, revealed even more crucial indicators for the project. Some of the most important financial highlights include a  Pre-Tax Net Present Value of US$1.84 Billion, an Internal Rate of Return hovering at 24%, and a payback period of less than 4 years. The "great economic numbers", as Steve describes, are only part of Lithium Chile's first step. The project is now moving into the second phase with more drilling in the pipeline. Steve notes that interest in the project has now multiplied given its latest findings. He expresses confidence that the Salar de Arizaro project will prove "very transformational" for Lithium Chile.Learn more by visiting: https://lithiumchile.caWatch the full YouTube interview here: https://www.youtube.com/watch?v=khon85sjJjMAnd follow us to stay updated: https://www.youtube.com/@GlobalOneMedia?sub_confirmation=1

Download our RETIRE WITHIN 10 Bundle: https://www.RETIREWITHIN10Bundle.com/This bundle will help you strategize how long you can replace your active income with passive income and lay out the exact methods to get you there faster. (Spoiler: Most can get there within 3 - 7 years with the right plan in place)If you like our content, please give us a rating on the platform you're listening on!Get in touch: Justin@PresidentsClubInvestors.com and let me know what topics you'd like me to cover or what guests I should have on.Check out our investing firm: https://www.PresidentsClubInvestors.com/Want to invest with us? Schedule a brief call here: https://calendly.com/justin-732/investor-callKey Points:1. [0:34-01:40] Cash on Cash Return:a. Measures rental income against invested capital.b. Determines the percentage of return from net rental income.c. Investors seek an average of at least 5%, varying with strategies and property types.2.[01:48-3:00]Average Annual Return:a. Calculates overall return over a specified investment period.b. Combines cash flow, sale proceeds, and other income.c. Aiming for a minimum of 15% average annual return, depending on investment duration.3.[3:14-4:00]Equity Multiple:a. Measures how much an investment multiplies the initial equity.b. Reflects overall profit generated from the investment.c. Aim for around 2.0 equity multiple, adjusting for deal length and timing.4. [4:14-5:00] Internal Rate of Return (IRR):a. Complex formula incorporating the time value of money.b. Prioritizes quicker cash returns due to inflation's impact on future cash value.c. Target around 15% IRR, considering investor preferences and investment horizons.5.[5:14-7:00] Individual Investment Goals:a. Different investors emphasize various metrics based on their objectives.b. Some prioritize cash flow and steady returns, while others focus on higher IRR and equity multiples.c. Understanding your investment strategy helps determine which metric is most crucial.The episode delves into essential metrics for evaluating real estate deals, including cash on cash return, average annual return, equity multiple, and internal rate of return (IRR). Each metric offers insights into different aspects of an investment, catering to diverse investor goals and strategies.

Download our RETIRE WITHIN 10 Bundle: https://www.RETIREWITHIN10Bundle.com/This bundle will help you strategize how long you can replace your active income with passive income and lay out the exact methods to get you there faster. (Spoiler: Most can get there within 3 - 7 years with the right plan in place)If you like our content, please give us a rating on the platform you're listening on!Get in touch: Justin@PresidentsClubInvestors.com and let me know what topics you'd like me to cover or what guests I should have on.Check out our investing firm: https://www.PresidentsClubInvestors.com/Want to invest with us? Schedule a brief call here: https://calendly.com/justin-732/investor-callIf you've been looking at investment decks lately, you might have noticed a typical return structure popping up more and more. In this post we'll talk about how savings rates have influenced private placement returns & deal structures.Key Highlights:[0:47-1:46] Savings Account Rates Influence Real Estate Returns: Historically, savings account rates have been low, ranging from 0.01% to 0.2% from 2009 to 2020. However, since interest rate hikes in 2022, savings rates have increased, with some high-yield savings accounts offering up to 5% returns. This increase in savings rates affects how real estate operators structure their returns when the Federal Reserve raises the federal funds rate. [2:37-3:28] Investor Decision-making: The higher savings account rates create a dilemma for investors. They now have the option of investing in a 100% liquid and safe savings account with a 5% return or a private syndication or fund projecting a potentially higher return, let's say 15%, but with a certain level of risk and illiquidity. Investors must decide if the additional return from the private investment is worth the additional risk compared to the safety of a savings account.[4:36-5:00] Impact on Deal Structures: To remain competitive with savings account rates, real estate sponsors have been forced to raise their preferred returns. Preferred returns are the percentage of upfront cash flow paid to investors. To strike a balance and attract investors, sponsors have introduced new hurdle structures, such as increasing preferred return projections by a point or two while adjusting equity based on Internal Rate of Return (IRR) achievements. For example, a sponsor might offer a 7% preferred return and 70% equity to investors until a 15% IRR is achieved, and then split equity 50-50 thereafter.

Matt Ryan is an investor, entrepreneur, expert in real estate development, and the founder of re-viv, a company born out of his passion for high-performance construction, community development, and sustainable buildings. The catalyst was a community member in the neighborhood where he bought his first investment property: Ms. Pam. From then on, Matt has been dedicated to revitalizing neighborhoods through impactful investment real estate strategies to create affordable housing that is walkable, bikeable, and close to necessary retail and job centers for people from all walks of life. Matt is adept in commercial transactions and is skilled in the duties of a broker, property manager, and general contractor. He has raised over a million in private money and has a portfolio worth over four and a half million! There's no doubt that you will get a ton of value from this episode!Key Takeaways:The importance of affordable housing.Private money is the boost that your real estate business needs.Mistakes Matt made when trying to raise private money and the lessons he's learned.Raising private money takes time to get the hang of.Find your unique selling point: differentiate yourself from your competition. The money comes first, and the deals follow the money.The difference between Return on Investment and Internal Rate of ReturnWhat is re-viv, and what do they do as a company?Co-Living is the latest growing niche in real estateQualifications of a co-living tenantThe income generated through the Co-Living niche's technique of buying by the gallon and selling by the squirtConnect with Matt:Website: https://www.re-viv.com Check out my book: 7 Reasons Why Private Money Will Skyrocket Your Real Estate Business and Help You Build Incredible Wealth!Get it here for FREE: www.jayconner.com/moneyguideSign up for the Private Money Academy and get 4-weeks free: https://jay-conner.mykajabi.com/offers/AMM4hCPW/checkoutSign up for the Private Money Academy Conference:  https://www.JaysLiveEvent.com

In today's episode, which was originally released in November 2021, we feature Dan Bartholomew, a financial advisor and friend of Jim Pfeifer, who was new to passive investing in syndications. After listening to the podcast for a couple of months, he had accumulated a list of questions for Jim, which led to this informative episode where each question was discussed in detail. This is the perfect episode for those just starting out in passive investing and struggling to comprehend some of the common terms used in the LFI community. This episode is often used as a resource for new investors. This episode is being republished because all the topics discussed are still relevant today. So sit back, relax, and enjoy this throwback episode from 2021!Here are some power takeaways from today's conversation: The difference between bonus depreciation and cost segregation Cash-on-cash return vs. IRR return How to screen out the metrics you don't like Understanding the different types of deals Class A vs. Class B Why a triple-net lease makes sense Selling a property or holding it Episode Highlights:[06:48] Bonus Depreciation vs. Cost SegregationCost segregation and bonus depreciation are both tax strategies that allow for accelerated depreciation of assets. Cost segregation involves conducting a study on a property to identify personal property separate from real property. This allows for the separate components to be depreciated over five, seven, or ten years, rather than the typical 27.5-year straight-line depreciation for residential properties and 39 years for commercial properties. On the other hand, bonus depreciation is a provision in the 2017 Tax Cuts and Jobs Act that allows for a 100% depreciation deduction in year one for assets that could only be depreciated at 50% or lower percentages. While this provides a large tax deduction in year one, it also leads to depreciation recapture when the asset is sold. This means that the deferred depreciation is added back to the gain from the sale and taxed at a higher rate of 25%. However, reinvesting the proceeds in a new syndication can offset the recapture and the tax deferral can continue, similar to a 1031 exchange.[12:28] Cash-on-Cash Return vs. IRR ReturnThe cash-on-cash return for ATMs is 25%, which is higher than the typical 6-12% for most syndications. However, it's important to note that ATMs are different from other assets because they don't have any returns at the end as the asset depreciates and isn't sold like an apartment complex. Cash on cash return is calculated by dividing the annual cash flow by the capital invested, while the Internal Rate of Return (IRR) takes into account the time value of money and looks at the total return on investment over time. In typical real estate deals, the IRR is higher because the annual returns are compounded over the life of the investment and there are sales proceeds that contribute to the return of capital. However, with ATMs, there is very little return on capital and virtually no sales proceeds, which is why the cash-on-cash return may be higher than the IRR. Overall, ATMs are an outlier in terms of their unique characteristics compared to other assets.[34:48] Navigating Investment Priorities and Tax Advantages in Real Estate SyndicationsSyndicators often prioritize either cashflow or appreciation in their deals, although it's common to have elements of both. It's worth noting that some syndicators utilize tax advantages such as cost segregation and bonus depreciation while others do not, so it's important to ask about this when evaluating an investment opportunity. While taxes shouldn't be the sole reason for investing, it's vital to speak with the sponsor to determine whether the investment is geared towards cashflow or appreciation. Typically, if the pro forma shows a smaller early-year cash-on-cash return with a larger gain projected in the future, it's an indication that the investment is focused on appreciation

Are you a commercial real estate investor looking for insights into how to either pitch a commercial real estate (CRE) deal or understand one that is pitched to you? Look no further! In this episode, you'll see a real-life CRE pitch deck in action. Bo Barron, CCIM, an experienced CRE investor, broker and owner of Barron Commercial Group walks you through his pitch for Paradise Plaza, a strip center that is ripe with opportunity. Timmy Barron, ADHD gets to use his improv and acting skills as he will be playing an attorney and the potential investor that Bo is pitching to. You'll learn about the market potential and the current lease terms for each tenant. Bo also shares his expertise and the strategy he plans to use to make this deal successful. But that's not all. You'll also hear about the potential return on investment (ROI) for this deal: A projected Internal Rate of Return (IRR) of 16.2% annually over 5 years, assuming specific cap rates and rental increases. Bo discusses who should and shouldn't invest and the potential risks involved. Finally, as always, Bo ends the episode quizzing Timmy to see how well he was listening and to help you remember the key points of the episode. Can you beat Timmy's score. I bet you can't! If you're interested in CRE investing, you won't want to miss this episode. Watch now to see a real pitch deck in action and learn from an expert! ———————————— This was not Timmy's 1st time playing a lawyer. Barron & Barren Attorney at Law: https://youtu.be/JYuY8hSMWrM Speaking of Pitches. Get the Pitcher?: https://youtu.be/PJOG49uqZ94

ABOUT DANNY KATTANDanny Kattan is a co-founder of PIA Residential and has more than 20 years of real estate experience. He brings strategic planning and financing experience to PIA's management, having worked on the acquisition of over 400 properties representing more than 2000 units and a value of more than $350 million.  In addition to PIA Residential, Danny is also the Founder of Sell2Rent, a platform that aims to revolutionize residential real estate by making a sale-leaseback a mainstream alternative to selling a home. Before founding PIA, Mr. Kattan worked at Countrywide Financial as Mortgage Advisor, gaining vast experience in the residential mortgage market.  Before starting his real estate career, Mr. Kattan participated in launching an internet media services company, an advanced telecommunications company, and a biotechnology company. Danny graduated cum laude from Northeastern University with a B.S. in Industrial Engineering and received an MBA from the Wharton School of Management at the University of Pennsylvania, where he co-founded the Wharton International Network of Entrepreneurs.       THIS TOPIC IN A NUTSHELL: How Danny started in real estateBuying his first house and how it accumulated Vertical Integration and partnership Starting with SFH and small multifamily propertiesThe 400-unit deal in FloridaStaying local when buying real estateThe process of scaling up Building the real estate team Automation of processes and tools Due diligenceExperience with Institutional InvestorsSearch for Capital partners and raising money Investing during rough timesWhy Residential Real Estate is the Best Asset ClassHow to scale with less headacheBuilding a robust platform to acquire MFHLaunching a fund to lessen the risk for investors Identifying primary and secondary marketsHis take on migration Controlling the Internal Rate of Return and Cash on Cash returnsAdvice to his 25-year-old selfFirst Entrepreneurial EndeavorFormal and Informal training that shaped his journeyHis biggest mistake and what he learned from itConnect with Danny       KEY QUOTE: “A residential asset class is perhaps the most resilient asset class that I know of. People need a place to live. If somebody is hungry in the street you can give them food, but if somebody is homeless, you don't bring them to your home. Shelter is a primary need of a person.”     SUMMARY OF BUSINESS:PIA Group USA is a private equity real estate investment firm specializing in the acquisition, renovation, and management of Institutional Multifamily properties across the Southeast. Originally formed in 2009 to capitalize on the opportunity of acquiring large numbers of Single-Family Homes, PIA currently owns and manages a portfolio of properties valued at close to $200 MM. By leveraging its property management, construction, and acquisition know-how, PIA is now focusing on the acquisition of well-located, stabilized, and value-add, market-rate multifamily opportunities in growth markets across the Southeast and Texas.       ABOUT THE WESTSIDE INVESTORS NETWORK   The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.     The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.      #realestateinvesting #passiveincome #REinvesting #cashflow #MultiFamily #PropertyManagement #RealEstateSyndication #Multifamily #ResidentialRealEstate #BestAssetClass #StayLocal #SingleFamilyHomes #DueDiligence #Construction #CapitalPartners #WealthPreservation #Underwriting #Fund #VerticalIntegration #GeneralPartner #LimitedPartner #MultiFamilyHomes #PassiveInvestors #WealthCreation #ApartmentInvesting #newepisode #podcasting #RoadToFinancialFreedom #JointheWINpod #WestsideInvestorsNetwork   CONNECT WITH DANNY KATTAN: Website:  www.piaresidential.comwww.sell2rent.comFacebook: @PIA Residential Instagram: @sell2rentusa @PIA Residential LinkedIn: @Danny Kattan        CONNECT WITH US   For more information about investing with AJ and Chris:  ·    Uptown Syndication | https://www.uptownsyndication.com/  ·    LinkedIn | https://www.linkedin.com/company/71673294/admin/         For information on Portland Property Management:  ·    Uptown Properties | http://www.uptownpm.com  ·    Youtube | @UptownProperties      Westside Investors Network  ·    Website | https://www.westsideinvestorsnetwork.com/  ·    Twitter | https://twitter.com/WIN_pdx  ·    Instagram | @westsideinvestorsnetwork  ·    LinkedIn | https://www.linkedin.com/groups/13949165/  ·    Facebook | @WestsideInvestorsNetwork  ·    Youtube | @WestsideInvestorsNetwork  

Are you holding too tight on your equity when looking for deals? Maybe you shouldn't get too hung up on valuation as an entrepreneur because if you get to a good outcome with the right partner, you will have plenty of money. What you should be doing instead is focusing on getting a partner that's going to help you optimize your eventual exit.In this episode of The Capital Stack, we have Sheldon Lewis, co-founder and managing partner at Blueprint Equity. He focuses on growth-oriented investments in payment processing, SaaS, internet, franchising, and business services. He explains what it means to be an early growth equity – a hybrid between venture capital and growth equity.Listen in to learn why historical growth and margins are some of the major factors investors look for when considering investing in a company. You will also learn the difference between Multiple on Invested Capital (MOIC) and Internal Rate of Return (IRR) and the advantages of each in investing.What You Will Discover:· [00:00] Intro· [1:27] Why Blueprint Equity considers themselves early growth sitting between venture and growth.· [4:20] How they operate as a minority investor – helping without forcing their opinions.· [8:15] Why Sheldon would give MOIC a slight advantage over IRR when it comes to ROI.· [12:41] The factors they consider when valuing companies, which include historical growth and margins.· [17:00] The importance of focusing on a trustworthy partner that's going to help you optimize your exit.· [19:57] The benefits of having a concentrated portfolio for both the entrepreneur and investor.· [23:35] Blueprint Equity's investment focus plus their sourcing strategy.· [28:03] He explains why they focus more on a business's recent growth than its age.· [29:50] What it looks like being a general SaaS investor not afraid to try new things.· [31:05] Sheldon's excitement about building a team and making great investments in 2023.Memorable Quote:· “We are probably less focused on how old the business is as a whole and more focused on what the growth has been lately.”- Sheldon [28:04]Connect with Sheldon:LinkedIn: https://www.linkedin.com/in/sheldon-lewis-28274512