Podcasts about lorren capital

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Best podcasts about lorren capital

Latest podcast episodes about lorren capital

How Did They Do It? Real Estate
SA934 | Strengthen Your Confidence in Underwriting Apartment Syndication Deals with Jason Williams, Ph.D.

How Did They Do It? Real Estate

Play Episode Listen Later Apr 15, 2024 36:46


Whether you're a syndicator or operator, effective underwriting and creating projections in the market are critical to your success. That's why today, we have Jason Williams on the show to share his expertise in underwriting apartment syndication deals, how his model can help determine deals that make sense in today's market, and the red flags everyone in the real estate investing space must be aware of. Jason also covers his current focus on providing education and programs that will help you thrive in a dynamic market, so tune in! Key Points & Relevant TopicsHow Jason got introduced into apartment syndication and what made him interested in investing in the Texas marketWhat is underwriting and why it's important to learnDisadvantages of utilizing other people's underwriting modelJason's advice and recommendations for properly underwriting deals and for somebody who wants to use his modelUnderwriting conservatively, assessing cap rate for an exit strategy, and focusing on one marketAn introduction to Jason's courses and how they work for students8 red flags you should know when investing in real estateResources & LinksIronclad Underwriting Mastery and The Academy Presents CommunityApartment Syndication Due Diligence Checklist for Passive InvestorAbout Jason Williams, Ph.D.Jason has been involved in real estate investing his whole life but began his personal real estate investing journey in 2003. He is the Founder of the Ironclad Underwriting Mastery Program, Co-Founder of The Academy Presents, and a Managing Partner of Lorren Capital, LLC. Jason has experience in Single Family Home Rentals, small Multifamily Home Rentals, and Large Multifamily Apartment Syndications as well as Passive Investing in many asset types.  Jason graduated from Texas Tech University in 2002 with a BS and in 2006 with a PHD both in Chemical Engineering.  He has had a 15+ year-long career as an engineer programming and developing systems to help provide efficient and accurate results. As a full-time real estate investor, he brings his engineering experience to multifamily real estate investing with his underwriting program, Ironclad Underwriting Mastery.  Get in Touch with JasonWebsite: https://ironcladunderwriting.com/ / https://lorrencapital.com/ LinkedIn: Jason (Bow-Tie Guy) Williams, Ph.D.To Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!

The Academy Presents podcast
The Three Keys to Unlocking Massive Success in All Areas of Life with Dr. Jamil N. Sayegh NMD

The Academy Presents podcast

Play Episode Listen Later Mar 20, 2024 24:42


What if the key to unlocking your full potential and achieving massive success lies in your relationship with yourself and the world around you?   In this thought-provoking episode, Dr. Jamil N. Sayegh NMD shares his profound insights on the three keys to achieving massive success in all areas of life. He emphasizes the importance of understanding that everything in life is a co-creation and that our relationships with ourselves and others play a crucial role in shaping our experiences. Dr. Sayegh encourages listeners to take responsibility for their lives, let go of blame, and embrace the power of being a creator rather than a victim. Through powerful examples and a heartfelt poem, he illustrates how our thoughts and perceptions create our reality and that no one can make us feel anything without our permission. Dr. Sayegh challenges listeners to show up fully in their lives, to play all out, and to become the person they truly want to be in order to achieve the results they desire.   Dr. Jamil Sayegh is an international transformation coach, integrative naturopathic physician, facilitator of energy-work, master NLP practitioner, the host of the ‘Transformation Starts Today' podcast, and an international #1 best-selling author. He works with leaders, champions, and high-performers from all walks of life including world-champion athletes, best-selling authors, entrepreneurs, business professionals, and more to experience more peace, happiness, and fulfillment, and create an extraordinary life without regret.     00:00:00 - 00:04:59 | The Power of Relationship: Everything is Co-Creation Everything in life is a relationship and a co-creation between you and the world around you. Ask yourself, "What part am I playing in this situation? How am I creating this experience for myself?" Being in integrity with yourself and others is where your power lies.   00:05:00 - 00:09:59 | Breaking Free from Blame: Embracing Your Role as a Creator   Blaming others gives your power away and keeps you stuck in a victim mentality. Creators see life as happening for them, not to them, and focus on growth and learning. Take responsibility for your life and choose how you respond to situations.   00:10:00 - 00:14:59 | The Inside-Out Nature of Emotions: You Create Your Experience   Emotions are an inside-out phenomenon; no one can make you feel anything without your permission. The stories you tell yourself about a situation create your emotional experience, not the situation itself. When you change your thoughts and perceptions, your emotional experience changes as well.   00:15:00 - 00:19:59 | The Cookie Thief: A Lesson in Perception and Reality   Our beliefs and perceptions can often be misleading, causing unnecessary stress and frustration. When you shift your thinking, problems that are purely thought-created can dissolve instantly. Be open to questioning your assumptions and beliefs, as they may not always align with reality.   00:20:00 - 00:23:00 | Playing All Out: Embodying Your Life and Becoming Your Best Self   Assess how fully you are showing up in different areas of your life and challenge yourself to play all out. Everything you want is on the other side of fear and outside your comfort zone. To achieve the results you desire, you must first become the person capable of achieving them.     "Everything in life is relationship. You've got the a hundred percent that you bring to the relationship and that represents 50% of the total. And then the other person, the other situation, the experience that brings 50%, it's a hundred percent, and that's 50." - Dr. Jamil N. Sayegh NMD   "No one can make me feel inferior without my permission." - Dr. Jamil N. Sayegh NMD, referencing a quote by Eleanor Roosevelt   Connect with Dr. Jamil N. Sayegh:   Website: jamilsayegh.com LinkedIn: https://www.linkedin.com/in/dr-jamil-sayegh-402aa416b/    Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.    

The Academy Presents podcast
Redefining Success: Living Life on Your Own Terms with Dr. Jamil N. Sayegh NMD

The Academy Presents podcast

Play Episode Listen Later Mar 18, 2024 19:32


What if the key to living an extraordinary life without regret lies in your relationship with yourself?   In this thought-provoking episode, Dr. Jamil N. Sayegh NMD shares his profound insights on how one's relationship with oneself influences and determines their level of success in life. Drawing from his personal experiences and expertise as a life, business, and relationship coach, as well as a licensed naturopathic doctor, Dr. Sayegh takes the audience on a journey of self-discovery. He encourages listeners to question their beliefs about their identity, the true meaning of success, and the pursuit of happiness. Through a captivating thought experiment, Dr. Sayegh helps the audience understand that they are not limited by their name, thoughts, beliefs, or personality, but rather, they are pure possibility. He emphasizes the importance of living life on one's own terms, prioritizing happiness, and avoiding the common trap of chasing society's definition of success. Dr. Sayegh also dispels the myth of "I'll be happy when..." and reminds listeners that happiness is not a destination but a state of being that comes from within. This episode is a must-listen for anyone seeking to create an extraordinary life without regret. Dr. Jamil Sayegh is an international transformation coach, integrative naturopathic physician, facilitator of energy-work, master NLP practitioner, the host of the ‘Transformation Starts Today' podcast, and an international #1 best-selling author. He works with leaders, champions, and high-performers from all walks of life including world-champion athletes, best-selling authors, entrepreneurs, business professionals, and more to experience more peace, happiness, and fulfillment, and create an extraordinary life without regret.   00:00:00 - 00:04:00 | Unleashing the Power of an Extraordinary Life Dr. Sayegh shares his mission to help leaders and high performers create an extraordinary life without regret He discusses how his father's near-death experience inspired him to live life fully The importance of living life on your own terms and avoiding regret is emphasized   00:04:00 - 00:08:00 | Discovering Your True Identity: A Thought Experiment   Dr. Sayegh takes the audience through a thought experiment to uncover their true identity He explains that we are not our name, thoughts, beliefs, personality, or even our physical body The realization that we are pure possibility and the power to choose who we want to be is highlighted   00:08:00 - 00:12:00 | Redefining Success: Living Life on Your Own Terms   The personal nature of success and the importance of defining it by one's own standards is discussed Dr. Sayegh presents a contrast between a wealthy but unhappy individual and a content, fulfilling life with less material wealth He encourages listeners to prioritize their happiness and understand the opportunity cost of their choices   00:12:00 - 00:15:00 | Embracing a Life Without Regret: Lessons from the Dying   The top five regrets of the dying, as observed by palliative care nurse Bronnie Ware, are shared Dr. Sayegh urges listeners to live intentionally and deliberately create a life without those regrets The importance of acting on the things that matter most to you is emphasized 00:15:00 - 00:17:00 | Dispelling the Myth of "I'll Be Happy When..."   Dr. Sayegh challenges the common belief that happiness is achieved through external accomplishments He explains that emotions come from within and that happiness is a state of being, not a destination The idea that "there isn't better than here, there is only different" is introduced, emphasizing the importance of internal fulfillment   Quotes: "You are pure possibility. You are this moment. Exactly as you are right now, you are who you choose to be." - Dr. Jamil N. Sayegh NMD   "Happiness isn't a place to get to, happiness is a place to come from." - Dr. Jamil N. Sayegh NMD   Connect with Dr. Jamil N. Sayegh:   Website: jamilsayegh.comLinkedIn: https://www.linkedin.com/in/dr-jamil-sayegh-402aa416b/    Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.

The Academy Presents podcast
Driving for Dollars and Texting for Deals: Effective Marketing Techniques for Wholesalers with Shaneka Lene'

The Academy Presents podcast

Play Episode Listen Later Mar 15, 2024 19:21


How can wholesalers effectively market their business and find motivated sellers in today's competitive real estate market?   In this insightful episode, Shaneka Lene' shares her valuable experiences and strategies for succeeding as a real estate wholesaler. She emphasizes the importance of being transparent with sellers, constantly educating oneself, and utilizing various marketing techniques such as driving for dollars, bandit signs, and SMS text blasts. Shaneka also highlights the significance of building relationships with other wholesalers and attending local real estate investor association (REIA) meetings to expand one's network and knowledge. Throughout the conversation, she provides practical tips on how to navigate the challenges of wholesaling while maintaining a strong worklife balance as a mother.   Shaneka Lene', affectionately referred to as “Sis”, is a real estate mogul and developer in her own right. Sis currently owns a multi million dollar real estate portfolio, which includes two mobile home parks, mobile homes and single family homes throughout NC. Shaneka also owns Hospitality Home Solutions, a family owned and operated full service remodeling company, which has worked with companies like Clayton Homes. In addition, in 2022, Shaneka became the first Black woman to be a licensed mobile home dealer, contractor, and mover in the state of North Carolina! To date, Sis has also acquired her license as a septic contractor in order to help aid in the development sector of her company. Shaneka is also the owner of Coastal Carolina Villas, a multimillion dollar development, including a Tiny Home Community, RV Resort, and Glamping that is scheduled to be open to guests in the summer of 2024. 00:00:00  00:02:00 Be Transparent with Sellers    Use local real estate investing terms that sellers can understand  Be upfront about the possibility of assigning the contract to another investor  Most sellers don't mind as long as the wholesaler follows through and closes the deal   00:02:00  00:04:00 Staying Current in the Real Estate Market     Listen to educational podcasts like Real Estate Disruptors and Flip to Freedom  Follow interesting episodes from BiggerPockets when posted by others  Drive for dollars with family members to find motivated sellers   00:04:00  00:07:00 Effective Marketing Strategies for Finding Motivated Sellers    Use PropStream to download lists and send SMS text blasts  Drive for dollars and cold call the leads generated  Utilize bandit signs, which often result in warm leads ready to sell   00:07:00  00:10:00 Pivoting and Adapting to Changes in the Wholesaling Industry    Be flexible and adaptable to adjust to any changes in regulations  If required, obtain a license to continue wholesaling  Attend local REIA meetings to stay informed and network with real estate attorneys   00:10:00  00:13:00 Tips for Success in Wholesaling    Invest in yourself and your education to separate yourself from competitors  Be professional, honest, and answer your phone promptly  Return phone calls in a timely manner, as the business is timesensitive   "I'm always up front with my sellers. Some of them don't understand the language of wholesaling. I don't come out and say:  I'm a wholesaler or anything like that. But I will say if, if this property doesn't  work for me, I may flip it to another investor, you know, i.e. assign it."  - Shaneka Lene'   "It's all in being able to be flexible and adaptable and to adjust to whatever the changes. So say for instance, they require wholesalers to become licensed. So you go get your license and you continue to wholesale."  - Shaneka Lene'   Connect with Shaneka:   Facebook Group: https://www.facebook.com/groups/670062460067947/ Facebook: https://www.facebook.com/shaneka.shipman Instagram: https://www.instagram.com/sisshaneka/?hl=en Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me

The Academy Presents podcast
The Wholesaling Mom: A Journey to Financial Freedom with Shaneka Lene'

The Academy Presents podcast

Play Episode Listen Later Mar 13, 2024 12:58


Have you ever wondered how overcoming personal trials and tapping into the power of community can skyrocket your success in the competitive world of real estate wholesaling? In this empowering episode, we dive into the remarkable journey of Shaneka Lene', a dynamo in the realm of real estate wholesaling. From starting her wholesaling business while pregnant with her fifth child to navigating the complexities of being a serial entrepreneur and a dedicated mother, Shaneka's story is a testament to resilience, passion, and the transformative power of community support. Through her insights and experiences, we explore the nuances of building a thriving business against the odds, the importance of fostering women-led initiatives in the real estate sector, and the strategies that propelled her Facebook group to a 20,000-strong community in record time.   Shaneka Lene', affectionately referred to as “Sis”, is a real estate mogul and developer in her own right. Sis currently owns a multi million dollar real estate portfolio, which includes two mobile home parks, mobile homes and single family homes throughout NC. Shaneka also owns Hospitality Home Solutions, a family owned and operated full service remodeling company, which has worked with companies like Clayton Homes. In addition, in 2022, Shaneka became the first Black woman to be a licensed mobile home dealer, contractor, and mover in the state of North Carolina! To date, Sis has also acquired her license as a septic contractor in order to help aid in the development sector of her company. Shaneka is also the owner of Coastal Carolina Villas, a multi-million dollar development, including a Tiny Home Community, RV Resort, and Glamping that is scheduled to be open to guests in the summer of 2024.   [00:00:00 - 00:02:00] The Leap of Faith: Shaneka's transition into real estate wholesaling Overcoming the initial hurdles with remarkable success Balancing entrepreneurship with motherhood   [00:02:00 - 00:04:00] Building a Community from Scratch:   The inception of a Facebook group amidst challenges Strategies for rapid community growth and engagement The importance of providing value and being relatable   [00:04:00 - 00:06:00] Empowering Women in Real Estate:   Launching LiveWIRED 2020 for women in real estate Creating a platform for women to shine and support each other The impact of all-women events in a male-dominated field [00:06:00 - 00:08:00] Collaboration Over Competition:   Shaneka's philosophy on collaboration and support The power of loyalty and relationship-building in business Encouraging a spirit of generosity and mutual success   [00:08:00 - 00:10:00] Overcoming Personal and Professional Challenges:   Shaneka's journey through adversity to success The concept of the "mom tax" and its impact Strategies for balancing business growth with family commitments   Quotes:   "I really embrace the spirit of collaboration. So anytime I can collaborate with others, especially women... it's something special." - Shaneka Lene'   Connect with Shaneka:   Facebook Group: https://www.facebook.com/groups/670062460067947/ Facebook: https://www.facebook.com/shaneka.shipman Instagram: https://www.instagram.com/sisshaneka/?hl=en Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me      

The Academy Presents podcast
The Resilient Real Estate Wholesaler: Balancing Business and Motherhood with Shaneka Lene'

The Academy Presents podcast

Play Episode Listen Later Mar 11, 2024 19:21


Have you ever wondered how overcoming personal trials and tapping into the power of community can skyrocket your success in the competitive world of real estate wholesaling? In this empowering episode, we dive into the remarkable journey of Shaneka Lene', a dynamo in the realm of real estate wholesaling. From starting her wholesaling business while pregnant with her fifth child to navigating the complexities of being a serial entrepreneur and a dedicated mother, Shaneka's story is a testament to resilience, passion, and the transformative power of community support. Through her insights and experiences, we explore the nuances of building a thriving business against the odds, the importance of fostering women-led initiatives in the real estate sector, and the strategies that propelled her Facebook group to a 20,000-strong community in record time.   Shaneka Lene', affectionately referred to as “Sis”, is a real estate mogul and developer in her own right. Sis currently owns a multi million dollar real estate portfolio, which includes two mobile home parks, mobile homes and single family homes throughout NC. Shaneka also owns Hospitality Home Solutions, a family owned and operated full service remodeling company, which has worked with companies like Clayton Homes. In addition, in 2022, Shaneka became the first Black woman to be a licensed mobile home dealer, contractor, and mover in the state of North Carolina! To date, Sis has also acquired her license as a septic contractor in order to help aid in the development sector of her company. Shaneka is also the owner of Coastal Carolina Villas, a multi-million dollar development, including a Tiny Home Community, RV Resort, and Glamping that is scheduled to be open to guests in the summer of 2024.   [00:00:00 - 00:02:00] The Leap of Faith: Shaneka's transition into real estate wholesaling Overcoming the initial hurdles with remarkable success Balancing entrepreneurship with motherhood   [00:02:00 - 00:04:00] Building a Community from Scratch:   The inception of a Facebook group amidst challenges Strategies for rapid community growth and engagement The importance of providing value and being relatable   [00:04:00 - 00:06:00] Empowering Women in Real Estate:   Launching LiveWIRED 2020 for women in real estate Creating a platform for women to shine and support each other The impact of all-women events in a male-dominated field [00:06:00 - 00:08:00] Collaboration Over Competition:   Shaneka's philosophy on collaboration and support The power of loyalty and relationship-building in business Encouraging a spirit of generosity and mutual success   [00:08:00 - 00:10:00] Overcoming Personal and Professional Challenges:   Shaneka's journey through adversity to success The concept of the "mom tax" and its impact Strategies for balancing business growth with family commitments   Quotes:   "I really embrace the spirit of collaboration. So anytime I can collaborate with others, especially women... it's something special." - Shaneka Lene'   Connect with Shaneka:   Facebook Group: https://www.facebook.com/groups/670062460067947/ Facebook: https://www.facebook.com/shaneka.shipman Instagram: https://www.instagram.com/sisshaneka/?hl=en Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me      

The Academy Presents podcast
The Great Escape: RV Investing in a Post-Pandemic World with Ben Spiegel

The Academy Presents podcast

Play Episode Listen Later Mar 6, 2024 15:16


Have you ever wondered how the pandemic not only changed the way we work but also how we choose to invest, live and travel?    In this captivating episode, Angel Williams sits down with Ben Spiegel to explore the unexpected boom in the RV industry, fueled by the pandemic's lasting impact on work and lifestyle preferences. Ben, with his deep insights into the RV market, discusses the shift towards remote work, the rising demand for RVs among millennials, and how these trends are reshaping the concept of leisure and living. Through their conversation, we delve into the economic forces at play, the challenges of the RV industry, and the potential for innovation and disruption in outdoor hospitality.   Ben Spiegel is a seasoned investor in special situations, with a focus on maximizing value across diverse assets like real estate and private equity. With over $500 million deployed, he has a knack for identifying opportunities in complex situations. As the founder of Redwood Capital Advisors, LLC, Ben specializes in commercial real estate and capital raising, notably in luxury outdoor hospitality, aiming to build over 2,000 sites along the Gulf Coast. His prior experience includes roles at DG Capital Management and Barclays Capital, and he serves on several boards, enhancing his industry influence. [00:01:00-00:03:00] The New Road Warriors: Millennials are transforming the RV landscape, choosing nomadic lifestyles over traditional homeownership.   RV ownership demographics are shifting younger. The pandemic has accelerated the RV industry's growth. Challenges in meeting the demand for RV-friendly destinations.   [00:03:00-00:05:00] Beyond the Pandemic: A Lifestyle Revolution: How COVID-19 has permanently altered work and leisure preferences.   Remote work becomes a lasting trend. Increased valuation of leisure and self-care. The shift towards experiential living over material possessions.   [00:05:00-00:07:00] Economic Winds of Change: The financial realities prompting millennials to embrace RV living.   Skyrocketing housing prices and interest rates. The appeal of a nomadic, experience-rich lifestyle. Inflation and wage stagnation impacting living choices.   [00:07:00-00:09:00] Hospitality on Wheels: The evolving landscape of vacationing in an RV.   Cost-effective alternatives to traditional vacations. The integration of RV travel with mainstream hospitality brands. The role of technology and amenities in enhancing RV experiences.   [00:09:00-00:11:00] Steering Towards the Future: The potential for innovation in outdoor hospitality management.   The importance of human capital in the RV park and resort industry. Strategies for attracting and retaining top talent. The impact of ownership and incentive structures on operational success.   Quotes:   "Millennials are choosing to put their equity on wheels and live a nomadic lifestyle, valuing experiences more than traditional homeownership." - Ben Spiegel   "The pandemic was the fourth bullet point that launched the RV industry into the stratosphere, indicating a structural rather than a cyclical change." - Ben Spiegel   Connect with Ben:   Website: www.redwoodcapitaladvisors.com   Instagram: https://www.instagram.com/redwoodcapitaladv   LinkedIn:https://www.linkedin.com/company/redwoodcapital Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me

The Academy Presents podcast
Investing on the Move: The Strategic Shift to RV Resorts and Communities with Ben Spiegel

The Academy Presents podcast

Play Episode Listen Later Mar 4, 2024 16:11


What does it take to pivot from a high-stakes investment banking career to making waves in the niche and lucrative world of RV resorts and outdoor hospitality?   In this enlightening episode, Angel Williams and guest Ben Spiegel dive into the transformative journey from investment banking to creating a successful empire in the RV resort and outdoor hospitality industry. Ben shares his unique approach to investment, highlighting the importance of special situations that offer outsized returns with minimal risk. Through a series of insightful anecdotes and expert advice, listeners will gain a deeper understanding of the challenges and opportunities within the RV park investment landscape, from selecting the right location to understanding the nuances of operating in this specialized market.   Ben Spiegel is a seasoned investor in special situations, with a focus on maximizing value across diverse assets like real estate and private equity. With over $500 million deployed, he has a knack for identifying opportunities in complex situations. As the founder of Redwood Capital Advisors, LLC, Ben specializes in commercial real estate and capital raising, notably in luxury outdoor hospitality, aiming to build over 2,000 sites along the Gulf Coast. His prior experience includes roles at DG Capital Management and Barclays Capital, and he serves on several boards, enhancing his industry influence.   [00:01:00 - 00:03:00] From Wall Street to Main Street: Ben's transition from investment banking to real estate and entrepreneurship.   Leveraging finance experience in real estate investment. The decision to pursue entrepreneurship. Initial steps into the real estate industry.   [00:03:00 - 00:07:00] Navigating Niche Investments: Exploring unique opportunities from RV parks to tugboats.     Asset-agnostic investment philosophy. The appeal of special situations for outsized returns. Diversification across various real estate assets.   [00:07:00 - 00:11:00] The RV Resort Revolution: Ben's foray into outdoor hospitality and the challenges faced.   Initial hesitations and concerns about the RV business model. Importance of location and customer experience. Learning from experts to avoid pitfalls.   [00:11:00 - 00:15:00] Operational Insights & Industry Dynamics: Differentiating between resorts and communities.   The operational nuances of running RV resorts vs. communities. The significance of amenities and guest experience. Strategic considerations for location and investment.   [00:15:00 - 00:19:00] Future Trends & Success Strategies: Ben's vision for the future of RV resorts and keys to success.     Embracing technology and innovation in operations. The importance of long-term occupancy and customer loyalty. Anticipating market trends in outdoor hospitality.   Quote:   "I consider myself asset-agnostic... focusing on special situations where I can earn an outsized return with minimal risk." - Ben Spiegel   Connect with Ben:   Website: www.redwoodcapitaladvisors.com   Instagram: https://www.instagram.com/redwoodcapitaladv   LinkedIn:https://www.linkedin.com/company/redwoodcapital         Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me  

The Academy Presents podcast
Finding Hidden Gems: Unveiling the World of Non-Performing Notes with Kristin Gerst

The Academy Presents podcast

Play Episode Listen Later Mar 1, 2024 33:52


How can understanding the nuances of tax liens and foreclosure processes turn distressed properties into lucrative investments? In this episode, host Angel Williams explores the topic of tax liens when it comes to non-performing notes with guest speaker Kristin Gerst. They delve into the complexities of investing in tax liens and the potential pitfalls to be aware of. From understanding the right of redemption to considering property condition and after-repair value, they provide valuable insights for investors. They also discuss the differences between judicial and non-judicial states and the importance of researching eviction processes in different areas. Whether you're new to note investing or looking to expand your knowledge, this episode offers practical advice and strategies.   Kristin Gerst is the Managing Director at Capricorn Mortgage Investments. Capricorn Mortgage Investments buys high interest rate mortgages from small business owners and companies and sells them to large institutional buyers.  (00:00 - 08:23) Title: Tax Liens Demystified     - Exploring the concept of tax liens and their potential for investment.   - Understanding the right of redemption and its impact on investment strategies.   - Factors to consider when assessing the value of tax liens, including property taxes and vacancy rates.   (08:24 - 18:45) Pitfalls of Non-Performing Notes     - Considering the limitations of investing in non-performing notes and the inability to inspect properties.   - Assessing property condition and estimating repair costs in non-performing note investments.   - Analyzing borrower behavior and the likelihood of loan modifications or non-payment.   (18:46 - 26:57) Judicial vs. Non-Judicial States     - Understanding the differences between judicial and non-judicial states in the foreclosure process.   - Exploring the length of foreclosures and the need for court approval in judicial states.   - Identifying non-judicial states that may pose challenges in eviction processes and timelines.   (26:58 - 35:20) Researching Foreclosure Timelines     - Highlighting the importance of researching foreclosure and eviction timelines at the city and county levels.   - Considering factors that may impact foreclosure and eviction processes in different areas.   - Making informed decisions about purchasing non-performing notes based on foreclosure and eviction timelines.     - Exploring potential sources for non-performing notes, such as small banks and credit unions.   - Building relationships with asset managers and specifying requirements for non-performing notes.   - Navigating the process of bidding and evaluating non-performing notes for potential investment opportunities.   Quotes:   - "Property condition and after repair value are crucial factors to consider in non-performing note investments." - Kristin Gerst   - "Understanding the differences between judicial and non-judicial states can significantly impact your foreclosure timelines." - Kristin Gerst   Connect with Kristin: LinkedIn: https://www.linkedin.com/in/kristin-gerst-a2a6a66/  Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me

The Academy Presents podcast
The Investor's Edge: Profiting from Non-Performing Notes with Kristin Gerst

The Academy Presents podcast

Play Episode Listen Later Feb 28, 2024 19:05


How can real estate investors turn non-performing notes into golden opportunities, even in challenging markets?   In this enlightening episode, Kristin Gerst shares her expert insights into the world of real estate investment, focusing on non-performing notes and their potential for profit. With years of experience under her belt, Kristin dives deep into strategies that can transform seemingly hopeless investments into lucrative deals. From navigating foreclosures to understanding the intricacies of cash for keys, listeners will gain valuable knowledge on making informed decisions in the real estate market.   Kristin Gerst is the Managing Director at Capricorn Mortgage Investments. Capricorn Mortgage Investments buys high interest rate mortgages from small business owners and companies and sells them to large institutional buyers.    [00:00:00 - 00:03:00] The Art of Non-Performing Notes: Kristin Gerst introduces the concept of non-performing notes and why they are often overlooked by investors. Non-performing notes can be a hidden gem in real estate investment. The importance of understanding state laws and foreclosure timelines. Cash for keys as a faster, more humane alternative to foreclosure.   [00:03:00 - 00:06:00] Mastering Foreclosure Alternatives: Insights into effective strategies for dealing with properties facing foreclosure. Leveraging confidence and respect in negotiations. The power of anecdotes in persuading homeowners. Success rates of obtaining warranty deeds directly from homeowners.   [00:06:00 - 00:09:00] Buying and Selling Notes: Kristin discusses the nuances of acquiring and liquidating notes for profit. The benefits of purchasing notes in lots. Grading each note to assess its value and potential. Strategies for selling notes to hedge funds or individual investors.   [00:09:00 - 00:12:00] Handling Wrapped Mortgages and Subject-Tos: Exploring the complexities of wrapped mortgages and how to manage them. The process of buying and selling wrapped mortgages. Importance of clearing underlying debts for cleaner transactions. Future-proofing investments against market downturns.   [00:12:00 - 00:15:00] Non-Performing Notes vs. REOs: Distinguishing between non-performing notes and real estate owned by banks. The difference in handling and profitability between NPNs and REOs. The significance of due diligence in note investment. Strategies for converting non-performing notes into profitable assets.   Quote:    "Everybody gets behind or into financial trouble. Wouldn't you just like to be done with this and have this stress gone?" - Kristin Gerst   Connect with Kristin: LinkedIn: https://www.linkedin.com/in/kristin-gerst-a2a6a66/  Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me

The Academy Presents podcast
The Note Investor's Playbook: Strategies for Success with Kristin Gerst

The Academy Presents podcast

Play Episode Listen Later Feb 26, 2024 33:43


Have you ever considered how investing in mortgage notes could transform your approach to real estate investment, offering steady cash flow without the headaches of traditional property management?   In this insightful episode, Kristin Gerst demystifies the process of investing in mortgage notes, a less conventional yet potentially lucrative avenue for real estate investors. Gerst breaks down the basics, from the initial benefits to navigating the complexities of the market, sharing her personal journey from managing properties to investing in paper for more predictable returns. Through her expertise, listeners will gain an understanding of the strategic advantages and considerations of note investing, including building a network, evaluating notes, and handling non-performing investments.   Kristin Gerst is the Managing Director at Capricorn Mortgage Investments. Capricorn Mortgage Investments buys high interest rate mortgages from small business owners and companies and sells them to large institutional buyers.  [00:00:00] - [00:05:00] "Unlocking Cash Flow: The Basics of Mortgage Note Investing" Mortgage notes offer monthly cash flow without property management hassles. Importance of building a network for finding and financing deals. The role of a licensed note servicer in managing investments.   [00:05:00] - [00:10:00] "Navigating the Market: Buying and Selling Notes" Strategies for finding and negotiating note purchases. The significance of note performance history and borrower credit. Evaluating the underlying property and loan terms.   [00:10:00] - [00:15:00] "Risk and Reward: Evaluating Note Investments" The impact of loan-to-value ratios on investment security. The importance of interest rates and borrower down payments. How economic factors like the pandemic influence market dynamics.   [00:15:00] - [00:20:00] "Strategic Financing: Leveraging Others' Money" Utilizing other people's money for note investing. The art of negotiation and setting terms with sellers. Crafting an exit strategy and understanding buyer preferences.   [00:20:00] - [00:25:00] "Overcoming Challenges: Handling Non-Performing Notes"     Strategies for dealing with non-performing notes. The cash-for-keys approach to avoid foreclosure hassles. The potential and pitfalls of loan modifications. Quotes:   "Investing in mortgage notes turned my real estate headaches into a steady cash flow." -Kristin Gerst   "The secret to note investing success? Building a solid network and understanding your investment." -Kristin Gerst   Connect with Kristin: LinkedIn: https://www.linkedin.com/in/kristin-gerst-a2a6a66/  Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me

The Academy Presents podcast
The Strategic Investor: Navigating Markets and Property Management with Alex Kingman

The Academy Presents podcast

Play Episode Listen Later Feb 23, 2024 17:26


Connect with Alex:    Website: https://www.investwithkgi.com/ LinkedIn: https://www.linkedin.com/in/alex-kingman-033815241/  Instagram: https://www.instagram.com/alexkingman/    Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me  

The Academy Presents podcast
Real Estate Rescues: Navigating the Maze of Multifamily Investments with Alex Kingman

The Academy Presents podcast

Play Episode Listen Later Feb 21, 2024 18:11


How can real estate investors navigate the complexities of distressed properties to not only salvage but significantly profit from their investments? Angel Williams and Alex Kingman delve into the intricate world of real estate investment, focusing on multifamily properties. They share invaluable insights on overcoming challenges related to distressed properties, loan modifications, and the strategic maneuvers required to secure and enhance the value of real estate investments. Through their discussion, listeners will gain a deeper understanding of the nuances of real estate negotiations, the importance of due diligence, and innovative strategies for ensuring investor returns even in the most daunting scenarios.   Alex is the Director of Investor Relations at KGI Capital. Her company helps high-income and high-net-worth individuals invest passively in apartment buildings so that they can reduce their tax burden, grow passive wealth, and live life on their own terms. KGI capital invests in 20-100 unit distressed multifamily properties and redevelopment projects in the Southeast and Midwest. To date, they have acquired 253 multifamily units and have $30MM in assets under management. Before going full-time into real estate, Alex was one of the top Airstream salespersons in the country. She is located in the San Francisco bay area and is a mother of two girls. [00:00:00 - 00:03:00] Navigating Distressed Properties The significance of loan modifications in preventing property loss. Strategies for acquiring large equity pieces in complex deals. The role of syndicators and sponsors in renegotiating terms to safeguard investor interests. [00:03:00 - 00:06:00] Deciphering Loan Strategies The benefits of keeping loans in-house for flexibility in facing financial challenges. Understanding cap rates and their impact on loans. The importance of insurance in capping interest rates on loans. [00:06:00 - 00:09:00] Mastery in Property Management Identifying and addressing mismanagement in distressed properties. The critical role of a competent management team in turning around property fortunes. The complexities of managing properties with unknown status units. [00:09:00 - 00:12:00] The Road to Real Estate Expertise The value of mentorship and networking in real estate investment. Transitioning from residential to commercial multifamily investments. Learning from mistakes to become better stewards of investor capital.   [00:12:00 - 00:15:00] Investor Relations and Negotiation Tactics Fiduciary responsibilities towards investors and ethical considerations. Approaching distressed deals as opportunities for win-win outcomes. The art of negotiation in real estate deals for optimal terms.    Quote:   "We learned most of our newbie mistakes on those little properties, before we went into bigger properties." - Alex Kingman   Connect with Alex:    Website: https://www.investwithkgi.com/ LinkedIn: https://www.linkedin.com/in/alex-kingman-033815241/  Instagram: https://www.instagram.com/alexkingman/    Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me  

The Academy Presents podcast
From House Hack to Syndication: A Real Estate Evolution with Alex Kingman

The Academy Presents podcast

Play Episode Listen Later Feb 19, 2024 20:33


Have you ever wondered how a couple's journey in real estate investing led them from house hacking to multifamily syndication, transforming challenges into opportunities along the way? In this compelling episode, Angel Williams sits down with Alex Kingman, a seasoned real estate investor with a rich background in transforming properties and scaling investment ventures. From their initial house hack to venturing into multifamily properties and navigating the complexities of the real estate market, Alex shares invaluable insights and personal experiences. This episode is a treasure trove of strategies, lessons learned, and the power of teamwork in real estate investing. Alex is the Director of Investor Relations at KGI Capital. Her company helps high-income and high-net-worth individuals invest passively in apartment buildings so that they can reduce their tax burden, grow passive wealth, and live life on their own terms. KGI capital invests in 20-100 unit distressed multifamily properties and redevelopment projects in the Southeast and Midwest. To date, they have acquired 253 multifamily units and have $30MM in assets under management. Before going full-time into real estate, Alex was one of the top Airstream salespersons in the country. She is located in the San Francisco bay area and is a mother of two girls. [00:00:00 - 00:03:00] The Genesis of a Real Estate Journey:  The importance of leveraging personal skills in real estate. How house hacking can serve as an effective entry point into real estate investing. The role of creative problem-solving in property renovation. [00:03:00 - 00:06:00] Scaling Up: From House Hacks to Multifamily Investments:  The advantages of scaling to multifamily investments. Learning from early investments to make smarter future choices. The significance of partnerships and networking in real estate. [00:06:00 - 00:09:00] The Impact of Construction Expertise: The competitive edge of having construction expertise in real estate. How to scrutinize contractor bids effectively. Strategies for managing renovations and controlling costs. [00:09:00 - 00:12:00] Navigating Economic Fluctuations: The importance of resilience in the face of economic fluctuations. Strategies for maintaining property performance during downturns. The unexpected impacts of external events like fires on property management. [00:12:00 - 00:15:00] The Future of Real Estate Investing: Insights into investor behavior in changing markets. The importance of adaptability and forward-looking strategies. Predictions for the real estate market and investment opportunities. Quotes: "Our first foray into real estate was through a house hack, transforming a duplex into something more, all while navigating living in a tiny space. It was our hands-on introduction to the world of property investment." - Alex Kingman "Despite the economic uncertainties, our properties have shown remarkable resilience. This unexpected stability has been a testament to the robustness of our investment strategy and the hard work put into our properties." - Alex Kingman   Connect with Alex Kingman: Website: https://www.investwithkgi.com/ LinkedIn: https://www.linkedin.com/in/alex-kingman-033815241/  Instagram: https://www.instagram.com/alexkingman/    Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me.

The Academy Presents podcast
Maximizing Investments: Cost Segregation and Real Estate Strategy with Gabriel Florentino

The Academy Presents podcast

Play Episode Listen Later Feb 16, 2024 21:44


Have you ever wondered how transforming a hotel into a multifamily property can unlock unique investment opportunities and challenges? Dive into the world of real estate conversions with us. In this enlightening episode, Angel Williams and Gabriel Florentino dive deep into the intricacies of hotel-to-family property conversions. They explore the financial and logistical considerations, including cost segregation, depreciation, and the impact of such investments on cash flow and tax savings. With practical insights and personal anecdotes, Angel and Gabriel unravel the complexities of real estate investing, offering valuable advice to both seasoned and aspiring investors. Whether you're curious about the potential of property conversions or seeking strategies to maximize your investment returns, this episode is a treasure trove of expertise.   Gabriel Florentino is based in Houston TX and has joined ETS as Client Development Director under Kim Lochridge's leadership. He's a graduate from The University of Houston, with a degree in Public Relations and minor in Economics. He has three plus years of experience related to 179D consisting of Energy Modeling, Final Reports to Clients, and QC of client documentation.    [00:00:00 - 00:05:00] Converting Challenges to Opportunities: The unique aspects of hotel to multifamily conversions and their potential for investors. The importance of considering the local market and tenant needs in conversion projects. How adding modern amenities can significantly increase the value of converted units.   [00:05:00 - 00:10:00] Navigating Financial Waters: The role of cost segregation studies in maximizing tax benefits. Understanding depreciation and its impact on investor returns. Strategies for managing expenses and enhancing property value through strategic upgrades.   [00:10:00 - 00:15:00] Real Estate Investment Strategies: The benefits of 1031 exchanges for deferring tax liabilities. How to leverage depreciation for cash flow management. Angel and Gabriel's personal experiences and lessons learned in real estate investing.   [00:15:00 - 00:18:00] Building Wealth Through Real Estate: Comparing wealth building potential in multifamily vs. single-family investments. The significance of investment positioning for long-term success. Insights into managing and scaling a real estate investment portfolio.   [00:18:00 - 00:21:00] The Future of Real Estate Investing: Predictions for the real estate market and investment trends. The importance of education and mentorship in real estate success. Practical advice for new investors entering the market.   Quotes:   "I've seen people be really successful with it and I've seen them not be as successful." - Angel Williams   "It's not just about the numbers; it's about understanding the market, the people, and what they need." - Gabriel Florentino   Connect with Gabriel:   Website: https://engineeredtaxservices.com/ Meet with Gabriel: https://calendly.com/gflorentino/30min?month=2024-01   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me.

The Academy Presents podcast
Cost Segregation: The Investor's Secret for Tax Savings with Gabriel Florentino

The Academy Presents podcast

Play Episode Listen Later Feb 14, 2024 19:28


How can strategic investments in property not only transform your financial landscape but also significantly benefit from tax advantages? Dive into the world of real estate investment strategies that could potentially save you thousands in taxes.    What's the secret weapon savvy investors are using?   Angel Williams and Gabriel Florentino dive deep into the nuances of real estate investment, focusing on cost segregation studies, tax benefits, and energy-efficient improvements. They share invaluable insights on how investors can maximize returns through strategic asset selection and management. From discussing the impacts of different insulation types in properties to exploring the intricacies of multifamily investments and tax-saving strategies, this episode is a treasure trove of knowledge for both seasoned and aspiring real estate investors. Listen as they easily unpack complex investment concepts, making them accessible to everyone.   Gabriel Florentino is based in Houston TX and has joined ETS as Client Development Director under Kim Lochridge's leadership. He's a graduate from The University of Houston, with a degree in Public Relations and minor in Economics. He has three plus years of experience related to 179D consisting of Energy Modeling, Final Reports to Clients, and QC of client documentation.  [00:00:00 - 00:03:00] Insulation Insights: Cold Hard Cash Through Warm Walls Importance of selecting the right insulation for energy efficiency and cost savings. The role of geographical location in choosing insulation types. Federal credits available for energy-efficient home improvements.   [00:04:00 - 00:07:00] Diving Deep into Diverse Assets: Beyond the Basics The advantages of diversifying investment portfolios across different asset classes. Insights into the unique benefits and challenges of investing in hotels, gas stations, and multifamily properties. The critical role of due diligence in exploring new investment avenues.   [00:08:00 - 00:11:00] The Magic of Cost Segregation Studies Understanding how cost segregation studies can lead to significant tax savings. The process and importance of conducting a cost segregation study for real estate investments. Real-world examples of the financial impact of these studies on investment returns.   [00:12:00 - 00:15:00] Strategic Tax Planning: Keeping More in Your Pocket How strategic tax planning can enhance investment profitability. The interplay between real estate investments and tax liabilities. Tips for navigating the complexities of tax laws to benefit investors.   [00:16:00 - 00:18:00] Future-Proofing Investments: Looking Ahead The importance of considering future tax law changes in investment strategies. Strategies for maximizing depreciation benefits over the investment cycle. The potential return of 100% bonus depreciation and its impact on investment planning.   Quotes: "Insulating better and doing things for higher efficiency means we're going to be able to better serve our own state." - Angel Williams "For those savvy investors, you guys know the true advantage of a cost seg study because you in the past have offset a high tax liability." - Gabriel Florentino   Connect with Gabriel:   Website: https://engineeredtaxservices.com/ Meet with Gabriel: https://calendly.com/gflorentino/30min?month=2024-01   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me.

The Academy Presents podcast
Maximizing Your Real Estate Investments Through Cost Segregation with Gabriel Florentino

The Academy Presents podcast

Play Episode Listen Later Feb 12, 2024 0:36


Have you ever wondered how real estate investors can maximize their tax benefits through strategies like cost segregation? In this enlightening episode, host Angel Williams sits down with Gabriel Florentino, a seasoned expert in cost segregation and client development director at Engineers Advisor. Together, they delve into the nuanced world of cost segregation, the benefits of energy-efficient building incentives, and the crucial role of mentorship in mastering real estate tax strategies. Gabriel shares insights from his journey, emphasizing the importance of continuous learning and the impact of specialized tax strategies on investors' bottom lines. Whether you're a seasoned investor or new to the real estate world, this episode is packed with valuable tips and strategies to enhance your investment approach and tax efficiency.   Gabriel Florentino is based in Houston TX and has joined ETS as Client Development Director under Kim Lochridge's leadership. He's a graduate from The University of Houston, with a degree in Public Relations and minor in Economics. He has three plus years of experience related to 179D consisting of Energy Modeling, Final Reports to Clients, and QC of client documentation.    [00:00:00 - 00:05:00] Introduction to Cost Segregation: Angel and Gabriel discuss the basics of cost seg, Gabriel's background, and the focus of Engineers Advisor on midsize and small businesses.   Gabriel's mentorship journey under Kim Lockridge highlights the value of continuous learning. Engineers Advisor specializes in tax strategies that benefit real estate investors directly. Cost segregation as a tool for accelerated depreciation and tax savings.   [00:05:00 - 00:10:00] The Mechanics of Tax Incentives: Exploration of core services like R&D tax credits and energy incentives. Importance of R&D tax credits for various industries, including real estate. The role of energy incentives in promoting efficient building practices. Collaboration with CPA firms to enhance client tax strategies.   [00:10:00 - 00:15:00] Leveraging Specialized Tax Strategies: Gabriel shares insights into additional services like ERTC and historic tax credits. Diverse tax strategies beyond cost seg offer significant savings. The strategic partnership between Engineers Advisor and CPA firms. The introduction of grant funding as a means to support real estate projects. [00:15:00 - 00:20:00] Real-World Applications of Tax Credits: Detailed examples of 179D and 45L energy incentives. Practical implications of energy-efficient building incentives for investors. The critical role of meeting specific criteria to maximize tax credits. The evolving landscape of tax incentives and their impact on investment strategies.   [00:20:00 - 00:22:00] Innovative Approaches to Conservation and Efficiency Exploration of lesser-known tax credits for environmental conservation. The potential of hydroelectricity and other renewable energy sources in real estate. The importance of innovation in maximizing real estate investment efficiency and sustainability.   Key Quotes:   "The best thing that makes me good...is my mentor." - Gabriel Florentino   "We don't file taxes, we just come in and we do the tax strategies." - Gabriel Florentino   Connect with Gabriel:   Website: https://engineeredtaxservices.com/ Meet with Gabriel: https://calendly.com/gflorentino/30min?month=2024-01   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me.

The Academy Presents podcast
Innovating Capital Raising: A New Era with Jesse Witkowski

The Academy Presents podcast

Play Episode Listen Later Feb 9, 2024 17:44


What if there was a way to democratize the capital-raising process, making it more accessible and efficient for everyone involved? In this insightful episode, we delve into the groundbreaking platform designed to transform how individuals and businesses raise capital. Through an in-depth conversation with the platform's creator, listeners are introduced to a world where raising funds is streamlined, transparent, and user-friendly. This platform not only bridges the gap between investors and those in need of funding but also introduces a novel approach to navigating the complexities of the financial world.   With over a decade of dedicated involvement in the dynamic realm of startups, Jesse Witkowski has honed a multifaceted expertise that spans across diverse sectors, including technology, wealth management, and fintech. His journey is marked by a proven track record of effective leadership, where he has not only guided ventures but also contributed to their significant expansion and success. Jesse's strategic acumen and visionary approach are particularly noteworthy, consistently delivering exceptional results even in resource-constrained environments. His reputation as a seasoned professional underscores his ability to navigate challenges, seize opportunities, and drive sustained growth across various industries. [00:00:00 - 00:05:00] Unveiling the Platform   The vision behind creating a user-centric fundraising tool. How the platform simplifies the capital-raising journey. The importance of accessibility in financial ventures.   [00:05:00 - 00:10:00] Breaking Down Barriers   Strategies for engaging with potential investors. The role of technology in enhancing fundraising efficiency. Features designed to support diverse fundraising goals.   [00:10:00 - 00:15:00] Success Stories and Impact   Testimonials from users who achieved their fundraising targets. The impact of the platform on small businesses and startups. Lessons learned and best practices for future fundraisers.   [00:15:00 - 00:20:00] Navigating Regulatory Landscapes   How the platform ensures regulatory compliance. The importance of transparency in financial transactions. Navigating the complexities of international fundraising. Expanding the platform's reach to new markets. Fostering a community of investors and fundraisers. Quotes "Our goal is to make fundraising as simple as sending an email." - Jesse Witkowski   "We believe everyone deserves a chance to raise capital, no matter the size of their network." -  Jesse Witkowski   Connect with Jesse:   Website: www.dealflowxchange.com Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me.

The Academy Presents podcast
Revolutionizing Real Estate: A New Era of Digital Investments with Jesse Witkowski

The Academy Presents podcast

Play Episode Listen Later Feb 7, 2024 17:02


Can leveraging technology transform how we approach and manage investment opportunities in today's digital age?     In this riveting episode, Angel Williams and Jesse Witkowski delve into the cutting-edge realm of digital investment platforms, discussing the innovative features and benefits of VeraVend and the Deal Flow Exchange. They explore how these platforms are revolutionizing the way investments are sourced, managed, and executed, offering unprecedented efficiency and accessibility to investors. From simplifying capital raising to enhancing investor experience with technology, this episode uncovers the future of investment management.   With over a decade of dedicated involvement in the dynamic realm of startups, Jesse Witkowski has honed a multifaceted expertise that spans across diverse sectors, including technology, wealth management, and fintech. His journey is marked by a proven track record of effective leadership, where he has not only guided ventures but also contributed to their significant expansion and success. Jesse's strategic acumen and visionary approach are particularly noteworthy, consistently delivering exceptional results even in resource-constrained environments. His reputation as a seasoned professional underscores his ability to navigate challenges, seize opportunities, and drive sustained growth across various industries.     [00:00:00 - 00:03:00] Revolutionizing Investment with Digital Platforms     Introduction to the concept of digital investment platforms. The role of VeraVend in streamlining investment processes. The impact of technology on investor accessibility and efficiency.   [00:03:00 - 00:06:00] The Mechanics of Deal Flow Exchange     Overview of Deal Flow Exchange's functionality and purpose. The significance of a centralized deal platform for investors. Benefits of a diversified investment portfolio through digital platforms.   [00:06:00 - 00:09:00] Enhancing Investor Experience with Verivend     The comprehensive features of VeraVend for investors. How VeraVend facilitates smoother transaction processes. The advantages of ACH over traditional wire transfers.   [00:09:00 - 00:12:00] Streamlining Capital Raising and Compliance     Simplifying capital raising with digital tools. Ensuring compliance and investor accreditation digitally. The future of capital raising in a digital-first world.   [00:12:00 - 00:15:00] The Future of Investment Management Technology     Predictions for the evolution of investment technology. The potential for growth and scalability of digital platforms. The impact of technology on the traditional investment landscape.   Quote   "It's much more efficient, much more secure..." - Jesse Witkowski on the benefits of ACH transactions.     Connect with Jesse:   Website: www.dealflowxchange.com     Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me.      

The Academy Presents podcast
Raising Capital at Higher Speed with Jesse Witkowski

The Academy Presents podcast

Play Episode Listen Later Feb 5, 2024 0:54


 How can technology make fundraising more accessible and efficient for both seekers and providers of capital?   Angel interviews Jesse, co-founder of VeroVend and DealFlow Exchange. Verivend is a platform that enables quick, secure transactions of large sums of money to facilitate fundraising. The newly launched DealFlow Exchange connects capital seekers and providers to streamline the investment process.   With over a decade of dedicated involvement in the dynamic realm of startups, Jesse Witkowski has honed a multifaceted expertise that spans across diverse sectors, including technology, wealth management, and fintech. His journey is marked by a proven track record of effective leadership, where he has not only guided ventures but also contributed to their significant expansion and success. Jesse's strategic acumen and visionary approach are particularly noteworthy, consistently delivering exceptional results even in resource-constrained environments. His reputation as a seasoned professional underscores his ability to navigate challenges, seize opportunities, and drive sustained growth across various industries.    [00:02:00 - 00:03:00] Beyond Wires and Fees   Verivend allows secure transfer of millions using verified accounts Removes friction of traditional wire transfers that rely on banks Nearly $1 billion transferred already through the platform   [00:05:00 - 00:07:00] Matchmaking for Capital Seekers  DealFlow Exchange links those seeking capital with interested investors Accredited investors access anonymized deal overviews to engage opportunities Platform to become "social media for private capital"    [00:07:00 - 00:09:00] Casting the Net for Compatible Deals DealFlow Exchange open to smaller raises of a few million Fees are economical at $9.99 per month to post deals Family offices can easily filter for deals meeting their criteria    [00:15:00 - 00:18:00] Investor-First Engagement Model Puts onus on investors to identify and engage preferred deals Creates more receptivity in deal principals to investor outreach Recasts capital raising dynamic closer to "Bumble for investing"   Quotes:   "We have active family offices and other investors perusing the deals we've posted on the equity side, and then we also have direct lenders lined up on the debt side." - Jesse Witkowski   "Everybody's using the big tech companies, right? When you think of the Metas, Teslas, Twitters of the world - they give a ton away, but their valuations are still in the multi-billion dollar range." -= Jesse Witkowski Connect with Jesse:   Website: www.dealflowxchange.com Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me.

The Academy Presents podcast
From Thought to Action: Harnessing Community Power in Business with Tianika "Ty" Mangum

The Academy Presents podcast

Play Episode Listen Later Feb 2, 2024 18:16


How can embracing the mastermind concept and community support transform your personal and professional journey?   In this enlightening episode], Angel Williams and Tianika "Ty" Mangum dive into the transformative power of community support and the mastermind concept. They discuss the importance of taking action in education and business, overcoming analysis paralysis, and the benefits of being held accountable within a support group. They also explore the impact of mastermind groups on personal growth and business success, highlighting the role of these groups in providing a push towards achieving goals. The conversation pivots to the significance of writing down goals and the psychological effects of this practice. Further, the episode delves into Ty's podcasting journey with "Tiny Steps Big Moves" and "TNT and Multifamily," shedding light on career pivots and the pursuit of generational wealth through real estate.     [00:00:00 - 00:06:00] The Mastermind Influence  The role of community in personal growth. Overcoming analysis paralysis through action. The reciprocal nature of support in mastermind groups.    [00:06:01 - 00:10:00] Harnessing the Power of Written Goals Psychological impact of writing down goals. Transitioning ideas from thought to action. Real-life examples of goal-setting success.    [00:10:01 - 00:14:00] Launching "Tiny Steps Big Moves" Inspiration behind the podcast. Focus on women's career changes and growth. Incorporation of personal faith and money stories.    [00:14:01 - 00:18:00] Exploring Real Estate with "TNT and Multifamily" The journey into multifamily real estate. Addressing generational wealth and finance education. Guest experiences and learning in real estate investment.   [00:18:01 - 00:20:00] Future Endeavors and Wrap-Up  Ty's new website and personal development initiatives. Reflections on the podcast episode. Encouragement for listeners to take action.   Quotes:   "Done is better than perfect. Just do it." - Angel Williams   "Writing it down... helps you but yeah, the mastermind has pushed me in a different direction." Tianika "Ty" Mangum     Connect with Tianika: Website: https://tremendous-hustler-9385.ck.page/66ab08f4fa/ LinkedIn: www.linkedin.com/in/tianika-“ty”-mangum-36214290/     Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me.    

The Academy Presents podcast
Navigating Real Estate: Learning, Leading, and Leaping with Tianika "Ty" Mangum

The Academy Presents podcast

Play Episode Listen Later Jan 31, 2024 19:59


Can embracing vulnerability and effective communication truly transform our personal and professional lives? In this enlightening episode, Angel Williams and Tianika "Ty" Mangum engage in a profound discussion on the power of communication and emotional intelligence in both personal growth and professional realms. They delve into the nuances of generational communication, the importance of understanding and articulating emotions, and the role of emotional intelligence in leadership. The conversation also covers the journey of self-education in real estate investing, highlighting the value of coaching, community support, and the courage to take action. (00:00 - 02:59) Embracing Emotional Intelligence    Understanding and articulating emotions for better communication. The influence of generational perspectives on communication styles. The power of self-awareness in improving interpersonal interactions.   (03:00 - 06:59) Generational Communication and Leadership  Bridging communication gaps between different generations. The role of emotions in leadership and decision-making. Leveraging generational differences for effective leadership.   (07:00 - 10:59) The Journey of Self-Education in Real Estate    The importance of acquiring knowledge before action in real estate investing. Exploring the impact of coaching and mentorship in accelerating growth. Continuous learning as a key to success in real estate.    (11:00 - 14:59) The Role of Coaching and Community in Real Estate Evaluating the effectiveness of coaching programs in real estate. Building relationships and community support in the investment journey. The value of community and mentorship in navigating the real estate landscape.   (15:00 - 18:00) Action, Accountability, and Achievement    The significance of taking action and setting accountable goals. Celebrating achievements and the power of community validation. The importance of action and accountability in achieving goals. Quotes:   "If you can understand your feelings, you can better explain your feelings. And then other people will understand them too." - Angel Williams:  "Emotion is needed in leadership, but it's about knowing when and with whom to use it." -Tianika "Ty" Mangum:    Connect with Tianika: Website: https://tremendous-hustler-9385.ck.page/66ab08f4fa/ LinkedIn: www.linkedin.com/in/tianika-“ty”-mangum-36214290/ Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me.

The Academy Presents podcast
Investing in Real Estate with Military Precision: with Tianika "Ty" Mangum

The Academy Presents podcast

Play Episode Listen Later Jan 29, 2024 20:24


How can military experience and VA loans transform your journey in real estate investing, especially in a field as dynamic and challenging as this one? In this enlightening episode of "The Academy Presents Real Estate Investing Rocks," host Angel Williams converses with Tianika "Ty" Mangum, a real estate investor and military veteran, about the intricate interplay between military service and real estate investing. Ty shares her journey from buying her first property with a VA loan to becoming a seasoned investor, emphasizing the unique advantages of VA loans. The discussion also touches on the challenges and triumphs women face in the real estate investing space, highlighting the importance of resilience, strategic thinking, and the distinct skills women bring to the table.  [00:00:00 - 00:04:59] Starting Steps in Real Estate Investing    The journey of transitioning from a homeowner to a real estate investor. The benefits and strategic use of VA loans in property investment. Initial challenges and learning curves in real estate investing.   [00:05:00 - 00:08:59] Leveraging VA Loans for Growth   Innovative strategies for using VA loans in residential and multifamily properties. The expanding opportunities and understanding of VA loan uses. Real-life examples of strategic property investments using VA loans.   [00:09:00 - 00:11:59] Military Experience Influencing Real Estate  The impact of military discipline, leadership skills, and adaptability on real estate success. Understanding the importance of judgment and decision-making in investments. How military training fosters resilience and strategic planning in real estate.    [00:12:00 - 00:14:59] Strategic Planning and Scenario Analysis   The significance of scenario planning (COAs) in managing real estate ventures. Adapting military strategies to real estate for effective problem-solving. The role of persistence and adaptability in overcoming real estate challenges.   [00:15:00 - 00:17:59] Women's Unique Role in Real Estate Investing The distinct skills and perspectives women bring to real estate investing. Overcoming gender-related challenges in a male-dominated field. The importance of active listening and communication in negotiations.  Quotes:   “My military experience has been invaluable. It's shaped me in countless ways, particularly in developing self-discipline. It's about understanding situations deeply before acting, and at times, it's about acting swiftly and figuring things out on the fly – much like piloting a plane already in motion." – Tianika "Ty" Mangum​   “Change is a constant, much like Uncle June's up the street. It might change names, but its essence remains. Acknowledging change, whether in names or scenarios, is vital, especially in dynamic fields like real estate." – Tianika "Ty" Mangum​​.   Connect with Tianika:   Website: https://tremendous-hustler-9385.ck.page/66ab08f4fa/ LinkedIn: www.linkedin.com/in/tianika-“ty”-mangum-36214290/ Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me.

The Academy Presents podcast
Turning Real Estate Challenges into Opportunities with Jen and Stacy Conkey

The Academy Presents podcast

Play Episode Listen Later Jan 26, 2024 29:15


Have you ever wondered how the challenges of remote property investment can be transformed into a systematic and profitable journey? In this insightful episode guests Stacy and Jen share their experiences and strategies in real estate investing, particularly focusing on remote property management. The conversation delves into practical aspects of dealing with contractors, leveraging technology, and the importance of mindset in real estate investment. The episode is a treasure trove of information for both new and seasoned investors, offering a blend of technical advice, personal anecdotes, and strategic insights. (00:00 - 04:00) The Evolution of Investment Strategies  Adapting investment strategies over time is crucial for success. Importance of systemizing and controlling investment processes. Learning from practical experiences can significantly enhance investment methodologies.   (04:00 - 08:00) Remote Property Management Insights  The effectiveness of using third-party services for remote property management. Leveraging technology in managing distant properties. Challenges and solutions in dealing with remote investments.   (08:00 - 12:00) Harnessing Technology in Real Estate  Utilizing drone technology for property surveillance. The role of digital tools in efficient property management. Navigating the challenges of remote investment through innovative solutions.   (12:00 - 16:00) Mindset and Investment Decisions The critical role of mindset in real estate investment. Balancing emotional and logical decision-making in investments. Importance of understanding and leveraging one's strengths in a team.    (16:00 - 20:00) Effective Communication and Team Dynamics Navigating interpersonal dynamics in investment partnerships. Utilizing effective communication strategies for better team collaboration. Aligning team members' strengths and weaknesses for optimal performance.   Quotes:   "It's through coordinating teams and people that we make our investments work." - Stacy Conkey   "Decisiveness is what makes you succeed in life." - Jen Conkey   Connect with Jen and Stacey:   Website: www.rmfiacademy.com www.warriorsofwealth.com Youtube: https://www.youtube.com/c/MultiFamilyRealEstateInvesting Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me.

The Academy Presents podcast
From Fear to Fortune: Navigating the Emotional Landscape of Investing with Jen & Stacy Conkey

The Academy Presents podcast

Play Episode Listen Later Jan 24, 2024 20:14


Have you ever considered how the fear of success might be holding you back more than the fear of failure, especially when it comes to making significant changes in your career or investments?     In this enlightening episode, Angel Williams engages in a deep conversation with Stacy and Jen, the dynamic duo behind the Warriors of Wealth Network and Remote Multifamily Investing Academy. The episode delves into the transformative power of mindset in achieving success in real estate investing. From building a supportive community to overcoming personal limitations, this episode is packed with insights and inspiring stories that showcase the journey from novice to the seasoned investor.   [00:01:00 - 00:04:00] The Warriors of Wealth: Building a Community    The importance of community in personal and professional growth. The transition from a mastermind to a network powered by an academy. The unique culture and strong bonds formed among members.   [00:04:00 - 00:08:00] The Art of Cultivating Success: From Mindset to Mastery    The critical role of mindset in overcoming obstacles in real estate investing. The process of monitoring and mentoring new members in the academy. The celebration of success and personal growth among members.    [00:08:00 - 00:12:00] Overcoming Self-Doubt: The Journey of Personal Transformation   The significance of the warrior mindset in achieving real estate success. The journey from self-doubt to confidence through personal stories. The power of resilience and overcoming personal limitations.   [00:12:00 - 00:16:00] Fear and Success: Navigating the Complex Emotional Landscape    Understanding the relationship between fear of failure and fear of success. Strategies to cope with and overcome these fears. Insights into the psychological aspects of investing and personal growth.   [00:16:00 - 00:20:00] Real Estate Realizations: Shifting Perspectives for Growth   How small mindset shifts can lead to significant changes in real estate ventures. The impact of mentorship and community support on personal growth. The transition from residential to commercial real estate investing.   Quotes: "The first opponent is not exactly closing your first deal. Your first opponent is you." - Jen "Economy of scale is real." - Jen   Connect with Jen and Stacey:   Website: www.rmfiacademy.com www.warriorsofwealth.com     Youtube: https://www.youtube.com/c/MultiFamilyRealEstateInvesting     Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me.      

The Academy Presents podcast
Scaling New Heights: The Evolution of a Real Estate Partnership with Jen & Stacy Conkey

The Academy Presents podcast

Play Episode Listen Later Jan 22, 2024 18:51


Have you ever wondered how a shift from solo real estate ventures to a collaborative, community-driven approach can revolutionize your investing journey?   In this episode of "The Academy Presents Real Estate Investing Rocks," host Angel Williams engages with real estate experts Jen and Stacey. They delve into their personal journeys in the world of real estate, highlighting the challenges and triumphs of starting in the industry, the transition from individual to collaborative investing, and the power of community and mentorship in real estate success. Their stories offer a candid look into the realities of investing, scaling businesses, and the transformative power of strategic partnerships.   Jen and Stacy Conkey, celebrated authors of "Multifamily Freedom Hacking," combine two decades of real estate expertise with a passion for multifamily education. Jen, an NLP Master Practitioner, and strategist, reshapes mindsets for success, while Stacy, with her comprehensive approach, empowers investors with essential tools for deal-making. Founders of the leading Multifamily Academy, they specialize in leveraging joint ventures and advancing into larger syndications. More than advisors, Jen and Stacy offer a transformative, relatable, and impactful experience in real estate investing.    [00:00:00 - 00:06:00] The Beginnings of a Real Estate Journey   The initial challenges and learnings of starting in real estate. The evolution from solo projects to realizing the need for a more scalable model. The importance of adapting and learning from early mistakes in the industry.   [00:06:00 - 00:12:00] The Power of Collaboration and Remote Investing    The strategic shift to remote real estate investing and its benefits. How Jen and Stacey's partnership complemented their individual strengths. The significance of embracing innovative approaches in real estate.   [00:12:00 - 00:18:00] Educational Investments and Scaling Up    Investing in education and mentorship as a catalyst for growth. The journey from small-scale projects to larger, more complex deals. Balancing risk with informed decision-making in scaling their business. Quotes:   "I got addicted to real estate investing... It wasn't a scalable model though." - Jen Conkey   "I learned everything that I could about how to do it remotely." - Stacey Conkey   Connect with Jen and Stacey:   Website: www.rmfiacademy.com www.warriorsofwealth.com Youtube: https://www.youtube.com/c/MultiFamilyRealEstateInvesting Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me.

The Academy Presents podcast
Unlocking the Potential of Private Lending in Real Estate with Jay Conner

The Academy Presents podcast

Play Episode Listen Later Jan 19, 2024 22:17


How can private lending transform your real estate investments and what are the insider strategies to maximize profits in this domain? In this insightful episode, Jay Conner, an experienced real estate investor, delves into the intricacies of property rehab and the advantages of using private lending. Joined by Angel Williams, they discuss the nuances of navigating real estate laws, the importance of detailed cost assessments, and strategies for maximizing returns. The conversation also touches on the significance of professional relationships and the impact of state-specific real estate regulations. This episode is a treasure trove of tips for both novice and seasoned real estate investors.   Jay Conner, an accomplished real estate investor since 2003, has impressively rehabbed over 475 houses in a small community, averaging $78,000 profit per deal, totaling over $118 Million in transactions. Having automated his seven-figure annual business to require less than 10 hours of work weekly, Jay's expertise extends to teaching others about raising private money without direct solicitation. Notably, he raised over $2 million in private funds in just 90 days during the 2009 financial crisis. Jay, a national speaker and two-time bestselling author, is also a commercial developer and former president of Business Networking International. He resides in Morehead City, NC, with his wife, Carol Joy. [00:00:00 - 00:05:59]Rehabbing Real Estate: Strategies and Pitfalls    Importance of choosing the right contractors and comparing multiple bids. Understanding state-specific laws for rehabbing. Balancing the cost and quality of rehabs.   [00:06:00 - 00:11:59] Exploring Private Lending in Real Estate    Benefits of private lending over traditional banking. Strategies to cultivate relationships with private lenders. Leveraging private lending for higher investment returns.   [00:12:00 - 00:17:59] Navigating Legal Complexities in Real Estate   Importance of being aware of state-specific real estate laws. The role of legal advice in navigating real estate investments. Strategies for legal compliance in various types of real estate transactions.   [00:18:00 - 00:23:59] Maximizing Profits Through Smart Investing  Techniques for accurate cost estimation and profit maximization. The importance of due diligence in property selection. Balancing risk and reward in real estate investments.   Quote:  "You cannot expect that which you do not inspect." - Jay Conner   “You are not in business as a real estate investor until you've got a relationship with a real estate attorney” - Jay Conner   Connect with Jay: Website: www.JayConner.com LinkedIn: www.linkedin.com/company/jay-conner-private-money-authority-real-estate-investing/ Facebook: https://www.facebook.com/jay.conner.marketing Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me.

The Academy Presents podcast
Beyond the Bank: Innovative Financing in Real Estate with Jay Conner

The Academy Presents podcast

Play Episode Listen Later Jan 17, 2024 16:38


How can private money transform your real estate investments and offer solutions to seemingly insurmountable financial challenges?   In this insightful episode, Angel Williams and Jay Conner delve into the nuanced world of private money in real estate. They discuss its potential as a game-changer for investors, especially those facing liquidity problems. The episode covers practical strategies for leveraging private funding, the importance of securing investments and navigating financial hurdles. Their conversation is peppered with real-life examples, offering a comprehensive guide for both novice and experienced real estate investors.   Jay Conner, an accomplished real estate investor since 2003, has impressively rehabbed over 475 houses in a small community, averaging $78,000 profit per deal, totaling over $118 Million in transactions. Having automated his seven-figure annual business to require less than 10 hours of work weekly, Jay's expertise extends to teaching others about raising private money without direct solicitation. Notably, he raised over $2 million in private funds in just 90 days during the 2009 financial crisis. Jay, a national speaker and two-time bestselling author, is also a commercial developer and former president of Business Networking International. He resides in Morehead City, NC, with his wife, Carol Joy. [00:00 - 02:00] The Mechanics of Private Money Loans Private loans are secured and involve minimal documentation. Importance of using a real estate attorney for closing. Private lenders offer mortgages or deeds of trust.   [02:00 - 04:00] Leveraging Equity for Cash Flow Private money can be used in a second position for equity extraction. This strategy can solve liquidity issues. Ensures protection for the private lender.   [04:00 - 06:00] Breaking Down a Duplex Deal   Discussion on the financial structuring of a duplex purchase. The importance of equity cushion for private lenders. Real-world example of leveraging property value.   [06:00 - 08:00] Strategic Refinancing with Private Money   Refinancing as a method to free up cash. Balancing loan-to-value ratios. Benefits of private money over institutional funding.   [08:00 - 10:00] Scaling Your Real Estate Portfolio   Using private money to expand investment opportunities. The advantage of private money in different scale projects. Assessing risk and securing investments in smaller deals.   Quotes:   "On paper, it's like we should be in the highest tax bracket. But we're not." - Angel Williams:  "In this world of private money, there is no wall." Jay Conner:    Connect with Jay: Website: www.JayConner.com LinkedIn: www.linkedin.com/company/jay-conner-private-money-authority-real-estate-investing/ Facebook: https://www.facebook.com/jay.conner.marketing Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me.

The Academy Presents podcast
Private Money Secrets: Transforming Real Estate Investing with Jay Conner

The Academy Presents podcast

Play Episode Listen Later Jan 15, 2024 21:15


Have you ever considered the transformative power of private money in real estate investing, and how it can redefine your financial strategies? In this enlightening episode, Angel Williams engages with Jay Conner, an expert in private money lending in real estate. Jay shares his journey from traditional banking to leveraging private money, highlighting the distinctions and advantages over hard money lending. He delves into his personal experiences, strategies, and the impact of private funding on his real estate ventures, providing invaluable insights for both novice and experienced investors.   Jay Conner, an accomplished real estate investor since 2003, has impressively rehabbed over 475 houses in a small community, averaging $78,000 profit per deal, totaling over $118 Million in transactions. Having automated his seven-figure annual business to require less than 10 hours of work weekly, Jay's expertise extends to teaching others about raising private money without direct solicitation. Notably, he raised over $2 million in private funds in just 90 days during the 2009 financial crisis. Jay, a national speaker and two-time bestselling author, is also a commercial developer and former president of Business Networking International. He resides in Morehead City, NC, with his wife, Carol Joy. [00:00:00 - 00:04:00] The Private Money Advantage   The significant impact of private money on real estate investments. Jay Conner's transition from traditional banking to private money. The unique benefits of private over hard money.   [00:04:00 - 00:08:00] Discovering Private Money   Jay's first encounter with private money during the 2009 financial crisis. The role of networking in discovering private money sources. The importance of educating potential private investors.   [00:08:00 - 00:12:00] Strategies for Success    Jay's approach to securing private funding without pitching. The significance of having funds lined up before finding deals. Creating opportunities out of financial challenges.   [00:12:00 - 00:16:00] Expanding Horizons    The scalability of private money in real estate. The versatility of private money across different property types. Jay's experience with a wide network of private lenders.    [00:16:00 - 00:20:00] Future of Private Money   The growth and potential of private money post-2009. How private money transformed Jay's real estate business. The role of private money in future real estate trends. Quotes:   "We don't ask for a mortgage; we offer a mortgage." - Jay Conner "The worst time to be attracting private money is when you need it for a deal." - Jay Conner   Connect with Jay: Website: www.JayConner.com LinkedIn: www.linkedin.com/company/jay-conner-private-money-authority-real-estate-investing/ Facebook: https://www.facebook.com/jay.conner.marketing   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today! LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me.

The Academy Presents podcast
Revamping Real Estate: Design Secrets with Lisa Landry

The Academy Presents podcast

Play Episode Listen Later Jan 12, 2024 11:05


"How does the art of interior design transform not just our living spaces but also our lifestyles?" In this insightful episode, Lisa Landry, a seasoned interior designer, shares her expertise in transforming multifamily and commercial spaces. Through her detailed explanations, Lisa highlights how strategic design choices can breathe new life into various environments, from leasing offices to fitness centers. (00:00 - 01:00) Revitalizing Spaces with Color and Light Utilizing murals to create focal points. The role of color variation in space enhancement. The impact of lighting in setting the ambiance.   (01:00 - 02:00) Leasing Office Makeovers Cost-effective design strategies for leasing offices. The dramatic effect of painting trims in dark colors. Creating functional yet stylish business centers.   (02:00 - 03:00) Functional Aesthetics in Design   Modernizing existing architectural features. Balancing aesthetics and functionality. The trend of using modern lighting to enhance spaces.   (03:00 - 04:00) Versatile Design in Fitness Centers   Designing spaces for versatility and multiple uses. The challenge of maintaining aesthetic elements in functional areas. Creating welcoming and adaptable environments.   (04:00 - 05:00) Elevating Model Units and Exteriors   The significance of staging and color in model units. Selecting exterior paints to complement architectural elements. The impact of well-chosen design elements on real estate value.   Quotes:   "Painting the trim black and keeping the walls lighter is a great inexpensive way to add drama to a space." - Lisa Landry "It's about taking whatever architecture is there and doing whatever you can to make it look like today." - Lisa Landry   Connect with Lisa: Websites: www.landrydesigns.com www.growaboveandbeyond.com   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me.

The Academy Presents podcast
The Art of Space: Transformative Design with Lisa Landry

The Academy Presents podcast

Play Episode Listen Later Jan 10, 2024 19:12


"How can the transformative power of design influence both our living spaces and our lifestyles?"   In this episode, Lisa Landry, a renowned interior designer, delves into the intricacies of modern, traditional, and rustic design styles. Her insights reveal how color, texture, and layout choices can drastically transform any space, whether residential, commercial, or multifamily projects. (00:00 - 00:04) Modern Design Revelations   The rise of transitional design blending modern and traditional elements. The increasing use of bold colors in neutral settings. The trend towards mixed metal finishes in home decor.   (00:04 - 00:08) Exploring Color and Texture Creative use of murals and wall coverings to enhance spaces. Strategies for integrating existing architectural features into new designs. The importance of lighting in creating ambiance.   (00:08 - 00:12) Traditional and Rustic Style The endurance of traditional design elements in modern settings. The role of texture, such as tufting, in adding depth to designs. Combining cozy furnishings with industrial elements in rustic designs.   (00:12 - 00:16) Designing for Function and Aesthetics The balance of functionality and aesthetics in interior design. Incorporating pet-friendly elements in home design. The use of dramatic elements in otherwise functional spaces.   (00:16 - 00:20) Commercial and Multifamily Projects The unique challenges and opportunities in commercial and multifamily design. The impact of small design elements in large commercial spaces. Techniques for transforming spaces to meet various commercial needs.   Quotes:   "You got to take the time to stage things properly to make an impact." - Lisa Landry "We love taking a big wall that has nothing on it and doing a big mural." - Lisa Landry   Connect with Lisa: Websites: www.landrydesigns.com www.growaboveandbeyond.com Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today! LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/ To learn more about me, visit my LinkedIn profile, and connect with me.

The Academy Presents podcast
Beyond Aesthetics: How Interior Design Adds Value to Your Property with Lisa Landry

The Academy Presents podcast

Play Episode Listen Later Jan 8, 2024 23:07


How can interior design transform not just the aesthetics but also the value of your property?   Landry, the creative force behind Landry Designs, delves into the transformative power of interior design, not just in terms of aesthetics but also in enhancing the value of properties. With a rich background in multifamily, commercial, and residential design, Landry and her team bring a wealth of knowledge and experience, recognized through international awards and publications.   Landry highlights the importance of color choices, such as Sherwin Williams' 'navel,' and how they can alter the ambiance of a space. The concept of transitional design is explored, blending traditional and contemporary elements for a harmonious look.   [00:00:00 - 00:03:00] Introduction to Landry Designs: Lisa Landry introduces Landry Designs, highlighting its focus on interior design and staging. The team's expertise in multifamily, commercial, and residential design. Recognition through international design awards and numerous publications.    [00:04:00 - 00:07:00] The Power of Professional Design: Benefits of hiring a designer, including professional insight and budget management. Importance of showcasing property assets through design. Landry's approach to stress-free, transformative design processes.   [00:08:00 - 00:12:00] Design Trends and Tips  2020 color forecasts and trends in interior design. How color choices like Sherwin Williams' 'navel' can influence a space's ambiance. The blend of traditional and modern elements in transitional design.   [00:14:00 - 00:18:00] Before and After: Dramatic Transformations: Real-life examples of Landry Designs' transformative work. The impact of thoughtful design choices on living spaces. The importance of details like lighting and furniture placement.  [00:19:00 - 00:23:00] Designing for Various Needs and Styles Customization of design to fit individual client needs and preferences. The versatility of design in different types of properties, from residential to commercial. The significance of integrating art and modern elements in design. Quotes: "Interior design is not just about making a space look good; it's about creating an environment that reflects your personality and meets your needs." - Lisa Landry "Every space has its own story, and our job is to bring that story to life through design." - Lisa Landry   Connect with Lisa: Websites: www.landrydesigns.com www.growaboveandbeyond.com   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today! LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.    Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me.    

The Academy Presents podcast
Failing Forward: RE Investing Lessons with Liz Faircloth

The Academy Presents podcast

Play Episode Listen Later Jan 5, 2024 19:06


As real estate investors, how can we best prepare our rental properties and tenants to weather uncertain economic storms like the one caused by the coronavirus pandemic?   On this episode of the podcast, Liz Faircloth joins Angel Williams to share her experience as a real estate investor managing rental properties during difficult times. Liz provides advice on building financial reserves, proactively communicating with lenders and tenants, and learning from mistakes.   Liz was born and raised in a middle-class family in New Jersey where her home was filled with love but going out to dinner was a big deal. From an early age, she has always wanted to serve others and even went to graduate school to become a social worker. While studying to become a social worker, her brother-in-law handed her Rich Dad Poor Dad, which changed the trajectory of Liz's life forever. Over the next couple years, she started learning as much as she could about real estate investing. After a year of taking courses and hundreds of attempts to get an offer accepted, Liz's boyfriend at the time (now husband) purchased their first investment property, a duplex, with none of their own money since they did not have the funds. Liz is also the co-host of The Real Estate Investher Show, a podcast all about real estate investing strategies that empowers women investors to become financially free.   (00:00:00 - 00:02:30) Building Reserves and Planning for Expenses Budget properly for expenses like capital expenditures in your projections Have reserve funds available, especially for older properties "We failed to pay ourselves first or have adequate reserves" Liz expands on paying yourself first.   (00:02:30-00:07:14)Securing Financing and Managing Vacancies Secured financing despite only 50% occupancy by having renovation funds and a turnaround plan Multifamily helps spread the risk compared to vacant single-family homes Plan to work with tenants on rent relief or concessions if needed   (00:07:14 - 00:10:15) Defining Capital Expenditures Renovations are one-time upgrades to prepare a unit for rent Capital expenditures are major intermittent costs like roofs Maintenance is ongoing upkeep and minor repairs   (00:10:15 - 00:14:26) Commercial Properties and Working During Crisis Many commercial tenants like lawyers and contractors need office space to operate We hope our tenants can weather this but are preparing for potential issues Communicating proactively with all stakeholders is crucial   (00:14:26 - 00:19:00) Timing New Purchases During Market Uncertainty Focus on deeply studying your target real estate market before buying anything Existing owners are focused on stabilizing assets not buying more now Capitalize on opportunities that emerge later when you understand the market   Quotes:   "I felt like we just developed a nonprofit for many years where I was just working for free all the time." - Liz Faircloth "Keep failing forward. That's what I would say." Liz Faircloth   Connect with Liz: https://www.therealestateinvesther.com/our-story   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.   Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306.   Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.   To learn more about me, visit my LinkedIn profile, and connect with me.

The Academy Presents podcast
Broker Relationships, Crime-Fighting, and Building a Dream Team with Liz Faircloth

The Academy Presents podcast

Play Episode Listen Later Jan 3, 2024 16:16


What key strategies helped Liz scale her real estate investing business from 10 units to over 200 units?   In this episode, Liz Faircloth shares the journey of scaling her multifamily real estate investing business over several years, going from small 10-12 unit buildings up to a 222 unit apartment complex. She provides insights on building broker relationships, walking away from bad deals, handling crime issues, scaling your acquisition team, and the importance of community.   Liz was born and raised in a middle-class family in New Jersey where her home was filled with love but going out to dinner was a big deal. From an early age, she has always wanted to serve others and even went to graduate school to become a social worker. While studying to become a social worker, her brother-in-law handed her Rich Dad Poor Dad, which changed the trajectory of Liz's life forever. Over the next couple years, she started learning as much as she could about real estate investing. After a year of taking courses and hundreds of attempts to get an offer accepted, Liz's boyfriend at the time (now husband) purchased their first investment property, a duplex, with none of their own money since they did not have the funds. Liz is also the co-host of The Real Estate Investher Show, a podcast all about real estate investing strategies that empowers women investors to become financially free.   (00:00 - 02:00) Getting Started in Smaller Multifamily Units Be prepared that sellers won't disclose full info on issues Building relationships with brokers is critical Start small when you're learning the ropes of managing multifamily properties   (02:00 - 05:00) Knowing When to Walk Away Stick to your numbers even if it means walking away A motivated seller came back 3 months later more willing to negotiate Don't get emotionally attached to a property or deal   (05:00 - 10:00) Handling Crime Through Better Management Go after the root leader perpetuating issues Make tenants feel safe and handle issues legally Improving safety and security helps attract better residents   (10:00 - 15:00) Assembling an Acquisitions Team Identify key roles like the Hunter, Brains, Money, and Hammer Leverage people's strengths and build a team Tap into others' existing talents like underwriting to expand your capabilities   (15:00 - 16:00) The Power of Community Learn from others so you don't make the same mistakes Women excel at building community Connecting with other investors provides motivation and accountability Quotes: "Be mindful when you're purchasing multis or any property that you're not going to get the full story." - Liz Faircloth "Hire slow, hire a property management company slow and then fire fast." - Liz Faircloth   Connect with Liz: https://www.therealestateinvesther.com/our-story   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.   Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306.   Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.   To learn more about me, visit my LinkedIn profile, and connect with me.  

The Academy Presents podcast
From 2 Units to 220: Growing a Real Estate Empire with Liz Faircloth

The Academy Presents podcast

Play Episode Listen Later Jan 2, 2024 20:16


How does an aspiring real estate investor go from owning a small duplex to amassing a 220-unit portfolio?   In this episode, Liz Faircloth shares her 15-year journey of growing a real estate portfolio from a duplex to over 200 units. She provides transparent insights into the challenges, mistakes, and wins along the way. Learn key lessons around focus, track record, creative financing, managing vs hiring property management, and accounting for surprises after purchase. Gain valuable perspective as Liz reflects on pivotal decisions to diversify or double down, utilize partnerships, and push past self-doubt in pursuit of her goals.   Liz was born and raised in a middle-class family in New Jersey where her home was filled with love but going out to dinner was a big deal. From an early age, she has always wanted to serve others and even went to graduate school to become a social worker. While studying to become a social worker, her brother-in-law handed her Rich Dad Poor Dad, which changed the trajectory of Liz's life forever. Over the next couple years, she started learning as much as she could about real estate investing. After a year of taking courses and hundreds of attempts to get an offer accepted, Liz's boyfriend at the time (now husband) purchased their first investment property, a duplex, with none of their own money since they did not have the funds. Liz is also the co-host of The Real Estate Investher Show, a podcast all about real estate investing strategies that empowers women investors to become financially free.   Taking the Leap with a Duplex (00:00 - 03:00) Cold calling landlords with vacancies can uncover motivated sellers Lack of systems and processes early on made property management tougher   (03:00 - 07:00) Learning the Landlord Game Managing properties yourself at first builds expertise Build capital expenditure and property management expenses into original numbers   (07:00 - 10:00) Pivoting from Residential to Commercial Lack of focus split effort from optimal multifamily investing path Getting creative to reposition a large commercial asset during recession   (10:00 - 14:00) The Power of Partnerships The first syndication project tapped new growth capital Track record built credibility to attract investment partners   (14:00 - 17:00) Surprises Keep Coming Post Purchase Sellers rarely provide full transparency, expect the unexpected Value-add opportunities often emerge after the acquisition   Quotes:   "The key is really being able to find motivated sellers." - Liz Faircloth "Really learn to landlord on these properties." - Liz Faircloth   Connect with Liz: https://www.therealestateinvesther.com/our-story   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.   Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306.   Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.   To learn more about me, visit my LinkedIn profile, and connect with me.  

The Academy Presents podcast
Beyond the Safety Net: A Journey into Real Estate Investing with Misty Hassenstab

The Academy Presents podcast

Play Episode Listen Later Dec 29, 2023 18:07


Have you ever wondered what's the worst that could happen if you leave your comfort zone and take a leap of faith into real estate investing?   In this thought-provoking episode, Angel Williams and her guest, Misty Hassenstab, delve into the realms of real estate investing, overcoming fear, and the power of mindset in achieving success. They explore the challenges and triumphs encountered in leaving a traditional job for real estate, the importance of decision-making, and strategies for building effective teams. This episode is a treasure trove of insights for anyone looking to break into or excel in the world of real estate investing.   Misty is a wife, mother of a beautiful baby girl, full-time Entrepreneur, Real Estate Investor, & Business & Mindset Coach with 6+ years of experience in real estate investing. She has wholesaled 20+ deals, completed a handful of flips, & has a new construction/development portfolio of 21 units with 10 more currently in progress.   Misty is extremely passionate about helping other women create a life & real estate investing business filled with passion, positivity, & purpose & has coached & mentored over 150 female investors since 2020.   Along with co-founding & now solely managing HER Mindset Matters REI Group, she is a Managing Partner in Guideway Investment Partners LLC, Elevated Development LLC, & Level Up Remodeling LLC. She is also a Co-Founder of the Houston – Women's Real Estate Investor Alliance (WREIA).   [00:00:00 - 00:03:00] Embracing Change and Overcoming Fear Facing fears when transitioning from a traditional job to real estate. Using "What's the worst that can happen?" as a tool to overcome fear. The concept of opportunity cost in decision-making.   [00:03:00 - 00:06:00] Real Estate Investing: Strategies and Mindset Utilizing the current environment to focus on real estate goals. The significance of having a clear vision in real estate investing. Continuing business activities despite external challenges.   [00:06:00 - 00:09:00] Results Entitlement and Action Debunking the myth of result entitlement in the real estate industry. The necessity of taking massive action for success. Avoiding the trap of expecting results without effort.   [00:09:00 - 00:12:00] Building Effective Teams in Real Estate The value of team dynamics over individual skills. Hiring for attitude and training for skill. The role of integrity and work ethic in team building.   [00:12:00 - 00:15:00] Empowerment and Collaboration Among Women in Real Estate The growing presence and impact of women in real estate investing. The power of collaboration and support among women in the industry. Encouraging a culture of mutual success and empowerment. Quotes:   "You don't ever have to give up the real estate side of it. The fear of leaving that W-2 behind is like losing a safety net, but it's also a crutch." - Misty Hassenstab "You can't complain about results you didn't create. You actually have to take massive action in order to achieve success in real estate." - Misty Hassenstab   Connect with Misty:   https://www.linkedin.com/in/misty-hassenstab-75b61413/ https://www.hermindsetmattersrei.com/REI-masterclass   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.   Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306.   Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.   To learn more about me, visit my LinkedIn profile, and connect with me.

The Academy Presents podcast
Relentless Action In Real Estate Invesing with Misty Hassenstab

The Academy Presents podcast

Play Episode Listen Later Dec 27, 2023 14:34


How can we push past fear and self-doubt to take massive action towards our biggest goals?   In this episode, Misty shares her wisdom and personal stories about taking massive action to achieve success. Even when facing obstacles like the recent coronavirus pandemic, Misty emphasizes the power of relentlessly pursuing your vision without letting setbacks stop your momentum.   Misty is a wife, mother of a beautiful baby girl, full-time Entrepreneur, Real Estate Investor, & Business & Mindset Coach with 6+ years of experience in real estate investing. She has wholesaled 20+ deals, completed a handful of flips, & has a new construction/development portfolio of 21 units with 10 more currently in progress.   Misty is extremely passionate about helping other women create a life & real estate investing business filled with passion, positivity, & purpose & has coached & mentored over 150 female investors since 2020.   Along with co-founding & now solely managing HER Mindset Matters REI Group, she is a Managing Partner in Guideway Investment Partners LLC, Elevated Development LLC, & Level Up Remodeling LLC. She is also a Co-Founder of the Houston – Women's Real Estate Investor Alliance (WREIA).   [00:01-00:04 ] Doing What Only You Can Do Focus only on your own actions and goals, not what others are doing Identify what you specifically are able to do right now to move forward   [00:04 - 00:07] Redefining Failure and Taking the Next Step Completely take failure off the table as an option When something isn't working, immediately ask what the next action step is Have an action plan ready so you can pivot quickly without overthinking   [00:07-00:09] Why Fairness Doesn't Matter Don't compare yourself to others or expect external fairness Keep taking action regardless of what support or resources you perceive others to have If someone seems more successful, assume they took massive action for it   [00:09-00:12] Managing Emotions While Taking Action It's okay to feel doubt, fear and uncertainty - process the emotions After acknowledging the feelings, refocus and continue taking action Results often come just when you most want to give up   [00:12-00:14] Doing the Tough Stuff for Big Goals: Much of the journey won't be fun - do it anyway The same things cause failures and successful people to quit Commit to your vision regardless of how you feel day-to-day   Quotes:   "I'm going to worry about and focus on what I'm doing because that is literally the only thing that I can do." - Misty Hassenstab "When you face the end of your...marketing campaign, that's just all this like mental drama and you beat yourself up. No, let's cut that out and let's go to the next action." Misty Hassenstab     Connect with Misty:   https://www.linkedin.com/in/misty-hassenstab-75b61413/ https://www.hermindsetmattersrei.com/REI-masterclass   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.   Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306.   Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.   To learn more about me, visit my LinkedIn profile, and connect with me.  

The Academy Presents podcast
Mindset, Expectations, and Action for Investors with Misty Hassenstab

The Academy Presents podcast

Play Episode Listen Later Dec 26, 2023 25:18


What do the struggles and successes of experienced real estate investors like Misty reveal about setting realistic expectations on your own journey?   On this episode Misty shares hard-won lessons on goal setting, managing expectations, and taking action as a real estate investor. Drawing on over three years of full-time real estate investing experience in Texas, Misty gets real about the challenges she has faced while building multiple successful companies with her long-term partner. She offers tactical advice on creating an empowering mindset, celebrating small wins, understanding your unique circumstances, and avoiding common pitfalls like analysis paralysis. Whether you're just starting or looking to grow, Misty's candid wisdom will help you set yourself up for sustainable success.   Misty is a wife, mother of a beautiful baby girl, full-time Entrepreneur, Real Estate Investor, & Business & Mindset Coach with 6+ years of experience in real estate investing. She has wholesaled 20+ deals, completed a handful of flips, & has a new construction/development portfolio of 21 units with 10 more currently in progress.     (00:03:00 - 00:07:00) Getting Real About the Investor Journey   Misty has been a full-time real estate investor for 3.5 years, building multiple companies with her partner She is committed to being brutally honest about the struggles she has faced Goal is to help even one more person push through the dark times   (00:07:00 - 00:12:00) Creating an Empowering Mindset & Managing Expectations Understand your unique circumstances Set personal goals first Celebrate small wins along the way   (00:12:00 - 00:15:00) The Danger of Comparing Yourself to Others   Social media rarely shows the full picture Everyone's circumstances and journeys are different Focus on your own growth   (00:15:00 - 00:19:00) Getting Uncomfortable Is Essential for Growth This business is not easy and does not happen overnight Be prepared to be uncomfortable That discomfort drives understanding and progress   (00:19:00 - 00:23:00) Taking Action and Avoiding Paralysis Key Takeaways: You can't complain about results you don't have if you don't take action Don't get stuck overanalyzing, just do it Ask "What's the worst that could happen?"   Quotes: "I hope that me being very brutally honest and transparent will, you know, if it can help one person out there, then I've done my job here." - Misty Flanagan "This is your journey. And it's up to you where you take it. And don't worry about what everybody else is doing." - Misty Flanagan     Connect with Misty:   https://www.linkedin.com/in/misty-hassenstab-75b61413/ https://www.hermindsetmattersrei.com/REI-masterclass   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.   Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306.   Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.   To learn more about me, visit my LinkedIn profile, and connect with me.

The Academy Presents podcast
Myths vs. Reality in Investment Strategies with Tim Little

The Academy Presents podcast

Play Episode Listen Later Dec 22, 2023 19:23


How can passive investments and self-directed IRAs revolutionize your journey towards financial freedom?   Angel Williams and Tim Little dive deep into the world of passive investing and the power of self-directed IRAs in this enlightening episode. They explore the nuances of financial freedom, the misconceptions about income replacement, and the strategic use of retirement accounts in real estate investments. From leveraging orphan 401k accounts to understanding the importance of team dynamics and leadership, this episode is a treasure trove of insights for both seasoned investors and novices alike.   Tim Little is the founder and CEO of ZANA Investments, a Tampa-based real estate investment firm named after his two daughters, Zara and Lana. He's passionate about helping fellow military veterans escape the "landlord trap" and get competitive returns by providing opportunities to invest passively in apartment buildings.   Tim started investing in real estate with a duplex in 2014 and has grown to a portfolio of 693 co-owned units valued at over $90 million. Practicing what he preaches, he also passively invests. He has an MBA and has served several years as an active duty Army Officer, a Strategic Communications Consultant, and the Head of Multifamily Communications for the Dept. of Housing and Urban Development (HUD) before transitioning full-time to real estate.   Tim is also the host of the top-rated podcast, "Journey to Multifamily Millions" where he talks with experts in the field of investing in multifamily properties.   [00:00:00 - 00:06:00] The Basics of Passive Investing Passive income has the potential to cover expenses and replace traditional income, paving the way to financial freedom. Financial freedom is achievable when passive income streams sufficiently cover all personal expenses. Self-directed IRAs offer a unique opportunity to invest in real estate, providing more control over retirement funds. Controlling retirement funds through self-directed IRAs opens up investment possibilities beyond traditional retirement plans.   [00:06:00 - 00:09:00] Overcoming Investment Myths The episode debunks common misconceptions about retirement accounts and their investment capacities. A significant gap in investment education often leads to underutilization of retirement funds.   [00:09:00 - 00:12:00] Real Estate Strategies for Military Personnel Military families have unique investment opportunities, especially in real estate, that can be maximized with proper guidance. Seeking knowledgeable advice is crucial for military personnel to fully leverage their investment options, including VA loans.   [00:12:00 - 00:18:00] Team Dynamics and Leadership Successful investing often involves complementing individual strengths and weaknesses within a team. Building an effective team is essential for success in both business and personal investment endeavors. importance of leveraging individual strengths to achieve collective success in investing.   Quotes: "It's your right to control your own dollars once you leave an employer. Employers and plan operators won't tell you this because they benefit from keeping your money" Tim Little   Connect with Tim: Website: https://www.zanainvestments.com/   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.   Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306.   Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.   To learn more about me, visit my LinkedIn profile, and connect with me.      

The Academy Presents podcast
Building Wealth in Real Estate: Beyond the 1% Rule with Tim Little

The Academy Presents podcast

Play Episode Listen Later Dec 20, 2023 24:22


Can the 1% rule in real estate investing still hold true when leveraging a VA loan for an owner-occupied property?   Angel Williams and Tim Little delve into the intricacies of real estate investment, focusing on the challenges and strategies involved in managing properties, leveraging loans, and understanding financial metrics. They share their personal experiences and insights into property management, discuss the complexities of self-managing versus hiring professionals, and explore the implications of different loan types on investment strategies.   Tim Little is the founder and CEO of ZANA Investments, a Tampa-based real estate investment firm named after his two daughters, Zara and Lana. He's passionate about helping fellow military veterans escape the "landlord trap" and get competitive returns by providing opportunities to invest passively in apartment buildings.   Tim started investing in real estate with a duplex in 2014 and has grown to a portfolio of 693 co-owned units valued at over $90 million. Practicing what he preaches, he also passively invests. He has an MBA and has served several years as an active duty Army Officer, a Strategic Communications Consultant, and the Head of Multifamily Communications for the Dept. of Housing and Urban Development (HUD) before transitioning full-time to real estate.   Tim is also the host of the top-rated podcast, "Journey to Multifamily Millions" where he talks with experts in the field of investing in multifamily properties.   [00:00:00 - 00:03:00] The 1% Rule and VA Loans Angel questions the applicability of the 1% rule when using a VA loan for owner-occupied properties. Tim highlights the importance of tailored strategies. he need for bespoke investment strategies depending on financing. [00:03:00 - 00:06:00] Property Management Realities The challenges of self-managing properties include unexpected issues like bee infestations. The importance of understanding the full scope of responsibilities and time commitments. Weighing the pros and cons of self-management versus hiring property managers. [00:06:00 - 00:09:00] Evolving Investment Strategies Angel's journey from single-family homes to larger multi-unit investments. The influence of personal experiences on shifting real estate investment focuses. The balance between residential and commercial property investments.   [00:09:00 - 00:12:00] Financial Literacy and Family Teaching financial literacy to children through practical real estate experiences. The importance of instilling entrepreneurial skills in younger generations. Personal anecdotes demonstrating the effectiveness of early financial education.   [00:12:00 - 00:24:00] Building Wealth in Real Estate Real estate as a long-term wealth-building strategy rather than a quick profit scheme. The role of syndication in real estate investment and wealth accumulation. Insights into the financial structure and compensation of real estate syndications.   Quotes:   "You don't know when a water heater is going to go out. You don't know when a furnace, AC, or a hole in the roof might happen..."- Tim Little   Connect with Tim: Website: https://www.zanainvestments.com/   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.   Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306.   Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.   To learn more about me, visit my LinkedIn profile, and connect with me.  

The Academy Presents podcast
Navigating On-Base & Military Town Real Estate with Tim Little

The Academy Presents podcast

Play Episode Listen Later Dec 18, 2023 20:46


How can military personnel leverage real estate investing to build wealth through owning rentals?   On this episode, host Angel Williams interviews Tim Little, a real estate investor and founder of Zana Investments, about strategies for military members to utilize real estate to build wealth. They discuss house hacking, owning rentals across duty stations, property management challenges, making the switch to commercial multifamily investing, and more.   Tim Little is the founder and CEO of ZANA Investments, a Tampa-based real estate investment firm named after his two daughters, Zara and Lana. He's passionate about helping fellow military veterans escape the "landlord trap" and get competitive returns by providing opportunities to invest passively in apartment buildings.   Tim started investing in real estate with a duplex in 2014 and has grown to a portfolio of 693 co-owned units valued at over $90 million. Practicing what he preaches, he also passively invests. He has an MBA and has served several years as an active duty Army Officer, a Strategic Communications Consultant, and the Head of Multifamily Communications for the Dept. of Housing and Urban Development (HUD) before transitioning full-time to real estate.   Tim is also the host of the top-rated podcast, "Journey to Multifamily Millions" where he talks with experts in the field of investing in multifamily properties.   [00:00 - 00:03] Getting Started in Real Estate Investing Tim began as an "accidental landlord" by renting out his primary residence when he moved. His first intentional investment was a duplex purchased for $85k in Richmond, VA that netted $100/door in monthly profit.   [00:03 - 00:06] The Power of House Hacking Tim wishes he had the house hacked earlier by owner-occupying a small multifamily property and renting out the other unit(s). This is an excellent strategy for the military using VA loans.   [00:06 - 00:10] Military Markets & Bases When evaluating military towns, consider factors like base stability, potential base restructuring, and diversity of local employers beyond the base to avoid market risk.   [00:10 - 00:15] Challenges of Long-Distance Landlording Transitioning concentrated portfolios of small rentals across the country into commercial multifamily investments can benefit military landlords wanting to reduce management responsibilities. Unlike many bases on cheap land, MacDill AFB occupies sought-after waterfront property in downtown Tampa.   Quote: A lot of people don't think about that, like how big of a role [government contractors] play. And so if you lose that tenant base too, you know, then again, it's that knock-on effect of, it's one thing if the military move out, but if they move, then the government contractors are going to move." - Tim Little   Connect with Tim: Website: https://www.zanainvestments.com/   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.   Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306.   Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.   To learn more about me, visit my LinkedIn profile, and connect with me.      

The Academy Presents podcast
Uplifting Apartment Communities From the Inside Out with Jon Weiskopf

The Academy Presents podcast

Play Episode Listen Later Dec 13, 2023 16:23


How can apartment owners and managers lift up their residents while still maintaining profitability?   In this episode, Jon Weiskopf and Angel Williams have an insightful discussion about creating mutually beneficial environments for apartment owners, managers, and residents. They explore creative ways to care for residents while still running a successful business.   (00:00 - 03:00) Basic Human Needs in Housing   Many basic repairs are inexpensive but make a big quality of life difference for residents. A little care and understanding goes a long way. There is often reciprocity between how owners treat residents and how residents treat properties. Profitability and resident well-being are not at odds. In fact, caring for residents first often leads to better financial outcomes.   Chapter 2: Perceptions Around Low-Income Housing (03:00 - 12:00)   There are often unfair stereotypes and misconceptions around low-income housing residents. Section 8 and assisted housing residents are often model tenants when given a chance. Open-mindedness and compassion for all people, regardless of income level, is key.   (12:00 - 15:00) Creativity and Innovation in Multifamily Small resident perks like solar power can improve quality of life. Expenses like utilities can become income streams with some clever thinking. There are always innovations and ideas to explore in apartment ownership.   Quote: "We want to lift property, we want to lift residents up, so that they are policing themselves. Because once they do that the community starts to expect something better of their community." - Jon Weiskopf   Connect with Jon: LinkedIn Website: https://www.blueeyedcapital.com/   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.   Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306.   Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.   To learn more about me, visit my LinkedIn profile, and connect with me.  

The Academy Presents podcast
Creative Ways For Investors To Increase Their Charitable Impact with Jon Weiskopf

The Academy Presents podcast

Play Episode Listen Later Dec 12, 2023 14:32


How can we shift our mindset from return on investment to impact regarding charitable giving and investments?   In this episode, Angel Williams and Jon Weiskopf have an insightful discussion around charitable giving, investing, and how to shift focus from return on investment to the impact it can create. They explore innovative ideas like charitable contribution vouchers, using profits to drive further impact and the compounding ripple effects when people are empowered.   Jon is CEO and Founder of Blue Eyed Capital, an impact investment firm focused on leaving the world better than they found it. A professional mechanical engineer with 18+ yrs in commercial real estate and development, Jon is an expert in energy performance and sustainable buildings. He was head of engineering for Apple Inc.'s retail real estate and development group for 9 yrs and was responsible for designing, constructing and operating over 300 high-performance spaces in 20 countries throughout his career. Blue Eyed Capital has 228 units under management valued at over $15 million.       (00:00:00 - 00:02:00) Using Solar Panels to Increase Resiliency and Profits Solar panels mitigate rising utility costs and increase property value Taking small steps leads to a compounding positive effect Start doing something rather than nothing   (00:02:00 - 00:05:00) The Value of Providing Consistency for Tenants: Tenants will pay a premium for consistency month-to-month All bills paid properties are becoming more expensive to operate People like to budget around a set number each month   (00:05:00 - 00:08:00) Supplementing Power Usage With Alternative Energy Water turbines in main lines can offset some energy usage Small supplemental sources add up over time Begin with small changes before aiming for lofty goals   (00:08:00 - 00:12:00) Rethinking Government Assistance and Charitable Giving Money given to food banks goes 4x further than donated cans Government programs tend to be inefficient in targeting needs People could get "charitable contribution vouchers" to direct where they want funds to go   (00:12:00 - 00:14:00) Focusing on Impact Rather than Return on Investment Invest in partners that match your values The ripple effects of empowering people can't be quantified Think about "turning on impact" rather than chasing ROI   Quotes: "Anywhere that you can start you are making a small difference because right now there's a lot of people that say well, I can't do that. So I'm just not going to do anything." - Jon Weiskopf "I'm in this business to create, to make profits because without profits, I cannot keep impacting." - Jon Weiskopf   Connect with Jon: LinkedIn Website: https://www.blueeyedcapital.com/   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.   Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306.   Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.   To learn more about me, visit my LinkedIn profile, and connect with me.    

The Academy Presents podcast
From W2 to Entrepreneur: An Engineer's Journey with Jon Weiskopf

The Academy Presents podcast

Play Episode Listen Later Dec 11, 2023 19:55


What does it take to transition from a W2 job to entrepreneurship while setting yourself up for success?   Angel interviews Jon, an engineer turned real estate entrepreneur about his journey from W2 to pursuing his own dreams. They discuss the practical steps Jon took to make the career shift smoothly as well as the importance of maintenance, healthy housing, and making a positive social impact.   Jon is CEO and Founder of Blue Eyed Capital, an impact investment firm focused on leaving the world better than they found it. A professional mechanical engineer with 18+ yrs in commercial real estate and development, Jon is an expert in the field of energy performance and sustainable buildings. He was head of engineering for Apple Inc.'s retail real estate and development group for 9 yrs and responsible for the design, construction and operation of over 300 high performance spaces in 20 countries throughout his career. Blue Eyed Capital has 228 units under management valued at over $15 million.   Jon lives in northern Wisconsin with his wife Danielle and son Wyatt. An avid Formula1 fan and dedicated to finding a cure for Type 1 Diabetes.   (00:01:00 - 00:03:00) Getting Started in Real Estate Jon had skills from 20 years in commercial real estate and engineering that he realized could be put to better use After discovering real estate investing, he knew he had to dedicate himself fully and have a plan He set aside funds in advance to pave the way for his exit   (00:03:00 - 00:07:00) Making the Leap Don't underestimate the time it takes from start to building stable income Enjoy the shift from stress to challenge and opportunity Appreciate the flexibility to spend more time with family   (00:07:00 - 00:10:00) Building Backups and Residual Income Jon uses private money loans at 15% interest to generate consistent income He has some LP investments coming online soon to add more stable cashflow   (00:10:00 - 00:15:00) Preparing for the Unexpected Budget thoroughly for inevitable maintenance issues Be ready to cover displacement costs if issues arise Focus on resilience in underwriting to protect all stakeholders   (00:15:00 - 00:19:00) People First Property Management Provide the best quality housing possible at each price point Well-maintained properties promote resident health and ripple out Poor housing can negatively impact people's outlook and interactions Quotes:   "It's fun to have something come up. It's fun to say, oh wow...What are we going to do now?" -Jon Weiskopf "There's too much of the money first or avoidance. Look in the mirror - how would you feel in that situation?" -Jon Weiskopf   Connect with Jon: LinkedIn Website: https://www.blueeyedcapital.com/   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.   Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306.   Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.   To learn more about me, visit my LinkedIn profile, and connect with me.

The Academy Presents podcast
Structuring Bulletproof PSAs for Multifamily Acquisitions with Veena Jetti

The Academy Presents podcast

Play Episode Listen Later Dec 8, 2023 13:14


How can strategic planning and thorough due diligence help real estate investors avoid costly mistakes when acquiring multifamily properties?   In this info-packed episode, expert real estate investor Veena Jetti shares invaluable insights on multifamily property acquisitions. Veena outlines key strategies for conducting comprehensive due diligence, structuring PSAs to protect buyers' interests, and setting up new acquisitions for success. From the importance of interviewing on-site staff early on to including specific clauses in purchase contracts, Veena provides tactical advice for smoothly navigating the acquisition process.   Veena Jetti is the Founding Partner of Vive Funds, a unique commercial real estate firm that specializes in curating conservative opportunities for investors. She has over a decade of real estate experience including overseeing the management of $1B+ in real estate assets. Her expertise includes driving corporate growth strategy, asset management, and business development derived from working for multiple Fortune 500 companies. Veena is also a Forbes Councils Member   Her background includes acquisition, syndication, and growth strategy for multifamily assets. She is often a panelist and speaker at various global conferences and radio shows. Veena is also a founder and past board member of a national non-profit organization. In 2017, she spent a lot of her time and focus on aiding the victims of Hurricane Harvey through coordinating emergency dispatch and rescue calls.   (00:00 - 2:21) Conducting Due Diligence Interview on-site staff early in the process to understand day-to-day operations Complete an in-depth lease audit to inform revenue optimization strategies Request immediate access to leases to accelerate underwriting   (2:22 - 5:33) Structuring PSAs for Risk Mitigation Restrict seller's ability to replace staff without buyer approval Control concessions and rental rates during closing period Build in buyer review period for new leases signed before closing   (5:34 - 9:00) Setting Up New Assets for Success Arrive quickly to take over day-to-day management and stabilize occupancy Implement data-driven lease optimization models to maximize NOI Establish win-win partnerships with brokers, lenders and vendors as deal sources   Quote: "Your attorney should be able to word it correctly so that it protects you adequately." - Veena on structuring PSAs   Connect with Veena: https://www.linkedin.com/in/veenajetti/ https://vivefunds.com/   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.   Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306.   Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.   To learn more about me, visit my LinkedIn profile, and connect with me.  

The Academy Presents podcast
Future-Proofing Your Assets in Uncertain Times with Veena Jetti

The Academy Presents podcast

Play Episode Listen Later Dec 6, 2023 19:30


How can real estate investors mitigate risk and support their tenants during times of crisis?   In this episode, Veena Jetti shares insights on PSA negotiations, disaster preparedness, and community building during COVID-19. Learn key strategies to future-proof your assets while supporting those most impacted.   Veena Jetti is the Founding Partner of Vive Funds, a unique commercial real estate firm that specializes in curating conservative opportunities for investors. She has over a decade of real estate experience including overseeing the management of $1B+ in real estate assets. Her expertise includes driving corporate growth strategy, asset management, and business development derived from working for multiple Fortune 500 companies. Veena is also a Forbes Councils Member   Her background includes acquisition, syndication, and growth strategy for multifamily assets. She is often a panelist and speaker at various global conferences and radio shows. Veena is also a founder and past board member of a national non-profit organization. In 2017, she spent a lot of her time and focus on aiding the victims of Hurricane Harvey through coordinating emergency dispatch and rescue calls.   [00:01:00 - 00:04:00] Negotiating PSAs in Uncertain Times Include force majeure clauses that account for external financing issues Add provisions to extend closing dates in cases of natural disasters Pursue lower-cost legal counsel to reduce expenses if a deal falls through   [00:04:00 - 00:08:00] Implementing Disaster Recovery Plans Custom disaster recovery plans can prepare for over 40 different scenarios Proprietary software centralizes response protocols and assigns action items Disaster plans provide confidence to investors, banks, buyers and sellers   [00:08:00 - 00:12:00] Supporting Tenants in Crisis Share resources to help the industry recover together Boost community with virtual events and challenges Offer incentives and assistance programs to ease financial hardships   [00:12:00 - 00:19:00] The Long View on COVID-19 Taking isolation measures now mitigates longer-term economic impacts Accept that some economic damage is inevitable Focus on community building and mental health   Quotes:   "A rising tide lifts all boats." - Veena Jetti "The faster we cut off the pandemic from being able to continue spreading, I think the faster we can go back to work." - Veena Jetti   Connect with Veena:   Connect with Veena: https://www.linkedin.com/in/veenajetti/ https://vivefunds.com/   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.   Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306.   Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.   To learn more about me, visit my LinkedIn profile, and connect with me.    

The Academy Presents podcast
Structuring CRE Investments for Maximum Resiliency with Veena Jetti

The Academy Presents podcast

Play Episode Listen Later Dec 4, 2023 18:59


How are commercial real estate investors adapting their acquisition strategies during the COVID-19 crisis?   In this episode, Veena Jetti discusses how the COVID-19 pandemic is impacting commercial real estate acquisition deals. She provides insight into changes being made to typical PSAs, strategies for pricing assets and securing favorable financing terms in the current climate of uncertainty, and how experienced investors can structure deals to withstand market volatility.   Veena Jetti is the Founding Partner of Vive Funds, a unique commercial real estate firm that specializes in curating conservative opportunities for investors. She has over a decade of real estate experience including overseeing the management of $1B+ in real estate assets. Her expertise includes driving corporate growth strategy, asset management, and business development derived from working for multiple Fortune 500 companies. Veena is also a Forbes Councils Member     [00:00:00 - 00:03:00]: The Challenges of Due Diligence During COVID-19 Cannot safely access units to conduct full due diligence Recommend negotiating extended or flexible due diligence periods in PSAs Consider adding post-close holdbacks to cover unforeseen issues   [00:03:00 - 00:05:00]: The Role of Non-Refundable Earnest Money Deposits Shows seller you are a serious, competitive buyer Likely to still be required for high value deals Helps set strong buyers apart   00:05:00 - 00:07:00]: Pricing Stabilized Assets Heading Into Distress Too much uncertainty to accurately predict market direction Focus on principal protection over high returns Stress test for higher vacancy and no rent growth   [00:07:00 - 00:10:00]: The Pitfalls of Short-Term Bridge Loans Popular recently to maximize leverage Risky if unable to refinance in downturn Best for unstabilized assets or when long-term debt unfeasible   [00:10:00 - 00:16:00]: Securing Long-Term, Flexible Financing Focus on 10-year commercial loans, not private debt Withstand holding property through downturns Bridge loans still useful in some cases   Quotes:   "We never throw good money after bad money." - Veena Jetti: We basically will never go for the home run. We're always going for like that solid double." - Veena Jetti: "   Connect with Veena: https://www.linkedin.com/in/veenajetti/ https://vivefunds.com/   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.   Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306.   Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.   To learn more about me, visit my LinkedIn profile, and connect with me.        

The Academy Presents podcast
Diversifying Within Real Estate with Shawn Griffith

The Academy Presents podcast

Play Episode Listen Later Dec 1, 2023 20:15


How can real estate investors navigate the current market conditions and set themselves up for success?     Angel Williams and Shawn Griffith, two experienced real estate investors, have an insightful conversation about operating in the current market environment. They discuss the importance of specialization, diving deep into a niche, learning operational skills, and diversifying across sponsors and asset classes.   Shawn Griffith is an experienced syndicator across multiple asset classes. While predominately focused on multifamily, he also covers oil & gas, self-storage and ground up development. His upcoming book merges his love of travel and real estate and helps investors to design their portfolio to support their travel habit.      (00:00 - 06:30) Getting Started in Real Estate Investing Pick one niche and become an expert in it before expanding Residential real estate provides good returns but can be slow to scale Having a good sense of your own risk tolerance and capabilities is crucial   (06:30 - 13:00) Navigating Different Types of Debt Understand your loan covenants and whether you are in compliance Not all bridge loans carry the same risk; know whether yours is a fixed or floating rate Even with rising rates, there are financing options to stabilize assets   (13:00 - 19:00) Evaluating Secondary and Tertiary Markets Brokers may oversell the strength of a tertiary market Proximity matters, even in smaller markets Competition is fierce, even in tertiary markets   Quotes: "Pick one thing and learn it really, really well. We started in residential, we've been in residential for 20 years." - Angel Williams "What you're going to see come out of this is the people that know how to operate or that learn how to operate are going to be the ones that excel." - Shawn Griffith   Connect with Shawn:   Connect with Shawn: Website: https://twtmultifamily.com Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me.

The Academy Presents podcast
Navigating Risk and Reward in Alternatives Investing with Shawn Griffith

The Academy Presents podcast

Play Episode Listen Later Nov 29, 2023 18:14


How can investors balance risk and reward when considering alternate assets like oil and gas?   This episode explores investing in oil and gas as an alternate asset class that can provide strong cash flow potential. We journey through the risks and rewards, getting insight into deal structures, due diligence considerations, and risk mitigation strategies.   Shawn Griffith is an experienced syndicator across multiple asset classes. While predominately focused on multifamily, he also covers oil & gas, self-storage, and ground-up development. His upcoming book merges his love of travel and real estate and helps investors to design their portfolios to support their travel habit.    [00:00:00 - 00:02:00] Assessing Cashflow Potential and Market Cycles Oil and gas offers some of the best cash flow compared to other asset classes Pricing fluctuations impact operations and viability Companies employ inventory storage and timing strategies   [00:02:00 - 00:05:00] Deal Structures and Risk Mitigation Syndications, joint ventures, and funds each have different risk profiles The fund model spreads risk and offers downside protection Teams should have specialized expertise to understand all facets   [00:05:00- 00:10:00] The Art and Science of Exploration Past performance helps derisk but doesn't guarantee future results Precision exploration is complex with many variables Dry wells represent a significant financial loss   00:10:00 - 00:15:00 Aligning Goals and Risk Tolerance Investing thesis frames risk appetite and return requirements Market cycles impact operational decisions and viability Even experienced teams face stress in dealing with uncertainties   Quotes   "Just like any other investment, there's a lot of different moving parts. You don't need to be an expert in all of them, but you do need to be aware of them." - Shawn Griffith   Connect with Shawn: Website: https://twtmultifamily.com Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me.  

The Academy Presents podcast
Diversifying Your Portfolio Without Losing Your Investing Thesis with Shawn Griffith

The Academy Presents podcast

Play Episode Listen Later Nov 27, 2023 24:10


What struggles do real estate investors face when scaling their portfolios, and how can they overcome them?   Angel Williams and Shawn Griffith, two experienced real estate investors, dive into the intricacies of building a property portfolio. They discuss their personal journeys, from early passive investments to syndicating multifamily properties. Shawn explains his strategy of focusing on value-add multifamily for long-term appreciation while branching into oil/gas and development for more cash flow. Other topics include being adaptive in an ever-changing market, helping other investors without burning out, and managing risk across a diverse portfolio.   Shawn Griffith is an experienced syndicator across multiple asset classes. While predominately focused on multifamily, he also covers oil & gas, self-storage, and ground-up development. His upcoming book merges his love of travel and real estate and helps investors to design their portfolios to support their travel habits.      [00:00:00 - 00:08:00] Getting Started in Real Estate Investing Don't get discouraged by investors who scale quickly - they likely have experience or capital behind them already. You can accelerate deals by putting in more time, money, or both. Finding the right coach/program speeds up the learning curve. Be patient, as it can take 6, 12, or even 24 months to land your first deal. Focus on building knowledge and connections.   [00:08:00 - 00:15:00] Navigating Constant Market Shifts Fluidity and the ability to pivot are crucial right now with interest rates and other factors changing. Retrading is more common and accepted compared to even 2 years ago. Success comes from constantly educating yourself and knowing the right people to call for help.   [00:15:00 - 00:21:00] Teaching Others Without Burnout Be cautious of developing a "give them a fish" mentality - it's not sustainable long-term. Strive to teach investing principles that allow others to replicate deals on their own. Saying no when overloaded prevents coaching from feeling like another job.   [00:21:00 - 00:24:00] Shawn's Investing Strategy and Portfolio Diversification Figure out your thesis - cash flow, appreciation, etc - and risk tolerance to inform decisions. Added oil/gas for increased cash flow and tax benefits of IDC write-offs. His portfolio remains focused on multifamily for long-term wealth building through appreciation.   Quote: "If you're asking, how do I fix this? That's the wrong question. The right question is, who do I know that can help me?" - Shawn Griffith   Connect with Shawn: Website: https://twtmultifamily.com   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me.