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Andrea Casson Galiano is a multifamily and self-storage investor in the Southeast, leading Brasstown Capital with over 1,500 units under management. Since joining Rod's Warrior Group in October 2022, she has expanded her portfolio across multifamily, storage, and industrial assets. A former AT&T executive with 25 years in program management and large-scale network deployment, she now focuses on building strong communities, mentoring others, and co-hosting a monthly commercial real estate networking event in Atlanta. Here's some of the topics we covered: Andrea's journey from AT&T to commercial real estate The mistakes and roadblocks she faced before joining the Warrior Group Her first self-storage deal and the challenges getting it to closing How building trust with the seller created major value in the deal The value-add strategies that improved the 652-unit self-storage property The differences between self-storage, multifamily, and industrial flex How Andrea built teams, expanded into industrial flex, and applied research to real estate investing If you'd like to apply to the warrior program and do deals with other rockstars in this business: Text crush to 72345 and we'll be speaking soon. For more about Rod and his real estate investing journey go to www.rodkhleif.com
Matt, Cody, and John talk about advice on how to avoid big-city multifamily that is missing the real opportunity. In Chicago, Cody Ray and John Warren have built a model around small apartment buildings, vertical integration, and local control that lets them compete where others see only red tape. What starts as a broker-client relationship turns into a partnership, a business plan scribbled on the back of a napkin, and a platform built to buy, rehab, manage, and stabilize scattered-site buildings across Chicagoland. Cody and John break down how they found each other, why John added a GC license, and how Forte Properties turned recurring contractors into a more controlled, scalable operation. John Warren Operations Manager and Managing Director of Forte Properties Based in: Riverside, Illinois Where to find them: https://www.linkedin.com/in/john-warren www.fortepropertieschicago.com For more information, visit https://superhuman.com/. Podcast production done by Outlier Audio. Learn more about your ad choices. Visit megaphone.fm/adchoices
Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles
Nearly 300 apartment investors gathered in Dallas for the 10th Annual Old Capital Conference—but this year felt very different. With a "Survivor" theme, the conversation focused on what multifamily investors have endured: higher interest rates, rising insurance and taxes, expanding cap rates, difficult equity raises, and property values that in some cases have fallen back toward 2016 pricing. But after several painful years, could the market finally be creating one of the most interesting buying opportunities in a decade? In this episode, we break down what we heard from experienced operators, lenders, GPs, and investors about distressed properties, lender foreclosures, repair escrows, and why even Fannie Mae borrowers are beginning to feel pressure. Michael shares his success story on purchasing a large apartment property that was roughly 50% occupancy to 95% through disciplined management, capital improvements, competitive pricing, and relentless execution. Michael also discusses why raising equity takes longer today, why GPs are talking with investors before putting deals under contract, and why a big social-media following is no substitute for knowing how to operate an apartment property. We share lessons from the Old Capital Accelerator Program, where aspiring investors move beyond spreadsheets and into real-world underwriting, property tours, deal analysis, and conversations with experienced GPs. Keynote speaker and 9/11 survivor Darren Kinder brought the conference theme full circle with a powerful message about resilience, community, and what surviving adversity can teach us. The multifamily storm has taken out plenty of investors—but for those still standing, educated, disciplined, and prepared to act, this window in time may look very different from the last four years. Learn alongside experienced apartment owners, brokers, property managers, attorneys, and other industry professionals as we walk through the entire acquisition process—from finding and underwriting deals to financing, due diligence, raising equity, and submitting an offer. This isn't about theory. It's about learning how apartment deals actually get done in today's market. Real Deals. Real Experts. Real-World Experience. Learn more and apply to the Old Capital Multifamily Accelerator: OldCapitalAccelerator.com
AI can make marketing faster and more efficient, but only if the foundation underneath it is solid. In Part 2, Reid continues his conversation with Scott Hill, CEO and Co-Founder of PERQ, to discuss how AI is changing multifamily marketing, from reporting and attribution to team efficiency, technology development, and the way prospects discover properties.The conversation also explores the future of point solutions versus end-to-end platforms, responsible AI adoption, quality assurance, and the growing influence of AI search on the renter journey. As prospects gain faster ways to narrow their options, Scott and Reid unpack what that could mean for property websites, lead flow, and the marketers working to make sure their communities are visible wherever renters choose to search.
Can you buy the right property in the right market at the right price and still lose money? The answer is yes, and it all comes down to the debt.In this episode, Gino Barbaro breaks down the 3 debt traps that real estate and multifamily investors fall into—and why they often can't escape them. Based on real scars and hard-earned lessons, you'll learn how to analyze your deals using a three-step framework: buy right, operate, and exit.Discover why misusing floating-rate debt, having a razor-thin Debt Service Coverage Ratio (DSCR), and failing to plan your exit strategy can completely blow up a deal. Make sure to watch until the end for the critical stress-test questions you need to ask yourself before signing any loan.
Despite challenges, the U.S. is still an economic behemoth with extraoridnaty productivity and innovation. Over time, both the stock market and Real Estate have ridden out downturns and performed and created massive wealth. That's why you need to stay active and hold for long periods of time. Five years or less is often not enough time to expect execution of a business plan. Peter Linneman, Principal of Linneman Associates, is a prolific multi-decade investor and founder of Wharton's Real Estate Department and the Zell-Lurie Real Estate Center. Peter Is bullish on Multifamily, despite short term headwinds in many markets.
In the latest episode of Coffee & Cap Rates, Shimon Shkury, President and Founder of Ariel Property Advisors, sits down with Glen J. Weiss, Executive Vice President of Office Leasing and Co-Head of Real Estate at Vornado Realty Trust.In this wide-ranging conversation, they discuss Glen's career and Vornado's dominant position in New York City's office and Manhattan high street retail sectors. The discussion dives deep into major initiatives, including the 350 Park joint venture and the monumental Penn District—a 9-million-square-foot portfolio of buildings and land surrounding New York's Pennsylvania Station. Finally, they explore the data behind how the Manhattan office market has recovered from the COVID-19 pandemic.• Read more about Ariel Property Advisors at arielpa.nyc• Learn about Vornado Realty Trust at vno.com
Axel welcomes back Rob Beardsley, founder and CEO of LSCRE and a Houston-focused multifamily owner/operator with roughly $1 billion in acquisitions since 2018 — for an unfiltered check-in 18 months after their last conversation on where the Texas multifamily market actually stands, and what's changed in how LSCRE operates, underwrites, and now uses AI.This episode is essential listening for any investor or operator who wants a candid, no-spin read on the Sun Belt multifamily downturn, a fresh framework for pricing renewals into asset value, and a real-world look at how one operator is using AI to catalog and pre-screen an entire market before a deal ever hits the desk.Join us as we dive into:A candid look at market expectations versus reality since early 2025: why hitting a market "bottom" hasn't resulted in a V-shaped recovery due to ongoing supply deliveries and sustained high interest rates.The real impact of concessions on net effective rents—and why reported 3% rent drops often hide true revenue declines of 15% to 30%.Operating hyper-locally in Houston: why pockets with structural supply barriers continue to show strong pricing power and renewal rent growth.Operational strategy shifts: treating renewals as "the holy grail" and offering aggressive concessions/perks to retain existing residents rather than incurring unit turnover costs.Evaluating passive capital sentiment: dividing the investor pool between those "scarred" by 2022 top-of-market deals and newer investors taking advantage of current valuations.The rare convergence of zero-cost capital, massive supply booms, and shifting immigration dynamics that defined the 2020–2022 market cycle.Re-widening price dispersion between Class A trophy assets (down ~10% in value) versus Class C "dog" properties (down up to 50%).How LSCRE uses AI (via Claude and proprietary prop-tech tools) to automate accounting, streamline tenant screening, handle maintenance routing, and centralize back-office operations.LSCRE's Houston-focused operational thesis: cataloging all 4,000+ properties over 22 units in Houston to target acquisitions within a 25-minute drive of existing assets.Why the "buy anything at the right price" mentality fails in modern real estate, and why operators must truly love and be obsessed with the deals they pursue.Connect with Rob Beardsley:Follow him on InstagramConnect with him on Linkedin Learn more about LSCREAre you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedinSubscribe to our YouTube channelLearn more about Aligned Real Estate Partners
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Pivoting into real estate is harder in 2026 than it was a decade ago, but the opportunity is still there for anyone willing to be honest about their skills and their market. In this episode, host Chris Lopez sits down with Tripp Gordon, who recently walked away from nearly a decade in software and venture-backed tech. Tripp owns two long-term rentals and is now trying to build a real estate career that pays the bills today while funding a longer-term portfolio. He came in with sharp questions, and Chris answered them from the seat of someone who has already lived through the same pivot. Chris walks through the four things that need to line up before starting any new venture: market conditions, your actual skill set, your genuine desire, and your available capital. Skip any one of them and the odds get worse. He explains why liquidity separated the investors who kept going from the ones who got washed out, why Denver is in a slower phase while other metros run, and where that gap creates opportunity for patient buyers. Chris also shares a friend’s west-side six-unit flip that returned roughly 3x in nine months, makes the case that multifamily is bottoming, and pushes back on the “never sell, never pay taxes” mindset that leaves so much wealth creation on the table. In this episode we cover: Why pivoting into real estate needs market, skill, desire, and capital working together How to tell burnout from the normal grind of building something What actually happened to multifamily syndications and why the setup looks different now A friend’s west-side Denver six-unit flip that returned roughly 3x in nine months Whether the real estate agent path is still worth pursuing in 2026 Day jobs inside real estate that give you a knowledge edge, from fund accounting to asset management Why “never sell, never pay taxes” deserves a harder look Chris’s mother-in-law suite conversion and house hacking at every life stage Watch the Youtube Video https://youtu.be/hVSkN62ObKk Timestamps 01:30 – Meet Tripp Gordon, pivoting from tech into real estate 05:09 – Chris’s four-part framework for any pivot 09:25 – How to tell “I hate this” from “this is just the hard part” 13:10 – Who survived the end of the easy era 18:44 – Multifamily distress and where opportunity is now 26:30 – Is the real estate agent path still worth it? 32:01– Day jobs that give you a real estate knowledge edge 41:56– Why “never sell” is worth rethinking Links in Podcast Contact Tripp Gordon: tripp528@gmail.comProperty Llama Capital: https://capital.propertyllama.com/
Episode 200 Bank statement loans can be a great solution for self-employed borrowers—but one missing CPA letter can bring an otherwise solid deal to a grinding halt. In this episode of the Mortgage Loan Officer Podcast, I sit down with Eric Morgensen of Angel Oak Mortgage Solutions to talk about a common challenge with bank statement loans: obtaining the CPA letters needed to verify certain aspects of a self-employed borrower's business. Many self-employed borrowers are sole proprietors or small business owners who may not work directly with a CPA, may use a tax preparer instead, or may not have their tax filings completely up to date. When a lender requires a CPA letter, that can create a serious roadblock—and in some cases, kill the transaction altogether. Eric explains how Angel Oak has relationships with approved third-party vendors that specialize in professionally and legally preparing the CPA documentation needed for these situations. These vendors can help provide the required verification while meeting Angel Oak's guidelines, potentially allowing a bank statement loan to move forward when it might have died elsewhere. If you're a loan officer with a bank statement deal that is currently stuck because of a CPA letter—or even a deal from the past that you thought was dead—it may be worth taking another look. Learn more and connect with Angel Oak at: http://workwithangeloak.com Or contact Eric Morgensen directly: 949-554-5000 If you work with self-employed borrowers, this is an option you'll want to know about before letting a CPA letter kill your next bank statement loan. Looking for Construction, Fix & Flip, Bridge, DSCR / Portfolio, or Multifamily financing for your clients? Partner with Lulu Capital Inc. for fast, dependable funding solutions. Get a quick quote here: https://www.lulucapitalinc.com/brokers Powered by: Mortgage Marketing Animals
Passing the 21st Century ROAD to Housing Act was only the beginning. Now comes the harder part: turning its provisions into policies that actually affect housing production, financing and day-to-day apartment operations.In this episode of NAA Insights, Multi-Housing News Executive Editor Laura Valean sits down with Nicole Upano, assistant vice president of housing policy & regulatory affairs at the National Apartment Association, and Owen Caine, assistant vice president of federal legislative affairs, to examine what comes next as the new federal housing law enters the implementation phase.
Luke McCann is Vice President of Multifamily Investment Sales at NAI, where he leads middle-market and development brokerage across North Florida. A Jacksonville native with dual degrees in economics and finance from Flagler College, Luke specializes in multifamily assets and development sites and is a licensed Florida real estate associate. Outside of real estate, he is passionate about sports and serves as a partner at Mission House, a homeless shelter in Jacksonville Beach. Here's some of the topics we covered: Luke McCann's background in Jacksonville multifamily brokerage The current state of the multifamily market, rising debt costs, and oversupply Distress, bridge debt, lender extensions, and the opportunities ahead How investors can build strong relationships with multifamily brokers Why off-market deals and consistent communication matter The importance of market data, referrals, and doing your own due diligence How aspiring investors can get educated, underwrite more deals, and build their own portfolio To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email Partner@RodKhleif.com For more about Rod and his real estate investing journey go to www.rodkhleif.com Please Review and Subscribe
We're sitting down with our friend and WIIRE founding member Jessie Dillon (Hofstra) to have a real, numbers-on-the-table conversation about what it actually looks like to invest in yourself as a female real estate investor.In this episode, we walk through Jessie's journey from overbooked permanent makeup artist in Central Massachusetts to owning around 50 residential units—including house hacks, value‑add multifamily, and short‑term rentals. We talk about the “golden handcuffs,” why index funds alone weren't enough, and how real estate became her path out of being tied to the chair.Together, we break down:How Jessie decided when to stop DIY‑ing and start paying for speed through coaching, bootcamps, and retreatsThe mindset shift from “I should figure this out alone” to “someone else already solved this problem”Why women especially struggle with fear of failure and how mentorship, accountability, and community shorten the learning curveReal numbers from Jessie's 2024 business investments—from $10K on STR deal sourcing to legal, software, events, and team supportHow we (Grace and Amelia) have invested five and six figures into masterminds, mentors, and our team—and the trade‑offs behind those decisionsListen to Jessie's previous episodes below:Episode 22Episode 149Episode 197Episode 212If you're a woman in real estate wondering when to hire help, join a community, or invest in a mentor—and whether it's “worth it”—this episode will challenge your excuses and expand your idea of what's possible. Resources:Join our free webinar on October 7Follow Jessie on InstagramGet in touch with Envy Investment GroupGet on the waitlist for the WIIRE CommunityLeave us a review on Apple PodcastsLeave us a review on SpotifyJoin our private Facebook CommunityConnect with us on Instagram
Episode 321: Find Your Tribe. Build Your Team. Do More Deals. Multifamily real estate is a team sport. In this episode, I'm recording from Jacksonville after spending the weekend with the Make It Happen Mastermind, and I'm leaving re-energized. The past few months have been challenging. Refinances, difficult deals, properties that won't sell, partnership issues, and a tough market can make you feel like you're the only one struggling. You're not. Being around other investors and operators reminded me that everyone goes through difficult seasons. The people who keep moving forward are the ones who stay connected, keep learning, add value to others, and build strong teams. In this episode, we talk about why networking matters, why you need to find your tribe, how to figure out where you add value to a team, and why relationships can be just as important as finding the deal itself. You do not have to do this alone. Find your people. Build your team. Stay in the game. Learn more about multifamily investing at Stan.store/buybuildings.
Making Billions: The Private Equity Podcast for Startup Founders and Venture Capital Investors
Send us Fan MailMy guest this week on Making Billions is Rod Khleif. Rod and I break down his broker system word for word, the weekly KPIs that prevent another 2008, and exactly how forced appreciation turns one dollar of NOI into twenty dollars of value. He's calling this the greatest transfer of wealth we'll see in our lifetimes.How do you find distressed multifamily deals right now?"I'd start hunting them down," Rod says. "Brokers, SEC attorneys handling distressed borrowers and lenders. It's a meltdown in multifamily right now. Deals are being sold for less than they cost to build."Why is senior housing being called the biggest opportunity of the decade?"There are 10,000 people a day turning 80 in this country, and they will be for the next 20 years," Rod says. "We're building about 4% of what we need right now. I'm closing on four more facilities tomorrow."AND To Learn capital raising strategies and frameworks used by alternative asset professionals, go to: https://go.fundraisecapital.co/apply[THE HOST]: Ryan Miller is a fund manager, capital strategist, and former CFO turned angel investor in technology and energy. He is the founder of Fund Raise Capital and Aequor Capital Partners, and has mentored over 1,000 fund managers across private equity, private credit, venture capital, real estate, and alternative assets globally.[THE GUEST]: Rod Khleif is a Sarasota based multifamily investor, best-selling author, and top ranked podcast host who rebuilt a real estate empire after losing $50M in the 2008 crash. He supports his mission of abundance through the Tiny Hands Foundation, which has fed more than 160,000 children. Rod combines his market knowledge with a strong personal comeback story. Subscribe on YouTube:https://www.youtube.com/channel/UCTOe79EXLDsROQ0z3YLnu1QQConnect with Ryan Miller:Linkedin: https://www.linkedin.com/in/rcmiller1/Instagram: https://www.instagram.com/ryanmilleroffical/X: https://x.com/_MakingBillionsWebsite: https://making-billions.com/Don't stress! Get him a Volleybird golf gift box. Golf gift boxes full of gear, apparel, wellness he'd never find on his own Support the showDISCLAIMER: This podcast is for entertainment and general informational purposes only — not legal, financial, tax, or investment advice. Nothing herein constitutes a solicitation or offer to buy or sell any security or investment product. Past performance does not indicate future results. Always consult qualified legal, financial, and tax professionals before making any investment decision. NAME NOTICE: "Making Billions with Ryan Miller" reflects the profile and aspirations of guests featured — it is not a promise, projection, guarantee, or representation of any financial result, income, or outcome for any listener, viewer, or reader. Most individuals who consume this content do not raise any particular amount of capital, and many achieve no financial result whatsoever. "Fund Raise Capital" is a brand identifier only — it is not a promise, guarantee, or representation that any member, subscriber, or listener will raise capital, attract investors, or achieve any financial or professional outcome. This show does not constitute a business opportunity, franchise, investment program, or offer of any product or service of any kind. No part of this show should be construed as a solicitation for investment in any way. Guest views are their own and do not necessarily reflect those of the show or host. Host and/or guests may hold positions in assets discussed. This episode may contain paid sponsorships, advertisements, or endorsements. Sponsored content is identified where...
Discover how one well‑chosen multifamily deal can reset your financial future. In this episode, Peter Harris breaks down the exact blueprint behind a powerful first deal. You'll learn how to evaluate deals using real sales comps, how to spot true rent‑increase potential, and how to determine whether a neighborhood can support long‑term cash flow and appreciation.You'll learn:The three elements every strong multifamily deal must haveHow to evaluate price, rent upside, and neighborhood qualityHow seller financing can strengthen a dealHow to avoid “bad neighborhood traps” that destroy cash flowWhy one property — bought right — can change everythingWhy mentorship accelerates your first deal and protects you from mistakesStudent Spotlight:You'll see how Kunmi (a physician) and Tola (a nurse practitioner) went from owning 10 single‑family rentals that weren't moving the needle… to securing a 36‑unit property with rent upside, strong demand, and even $280,000 in seller financing. This one deal is now positioned to create options, freedom, retirement security, and a legacy for their family.Tuesdays with Peter LIVE! Register for our next session: https://www.commercialpropertyadvisors.com/peter-harris-live/Get your free copy of my best selling book, "Commercial Real Estate for Beginners": https://www.commercialpropertyadvisors.com/free-book/Every successful commercial real estate investor has a mentor. Get your mentor here: https://www.commercialpropertyadvisors.com/protege-program/Questions or Comments? Text PETER to 833-942-4516
Getting through a tough multifamily cycle has not been about buying more for Candice Muldrow. It has been about tightening operations, building repeatable systems, and leading the people responsible for carrying those systems out. Candice and her husband, Corey, are the cofounders of MGroup Capital and MGroup Residential. Their portfolio includes more than 700 units across Dallas Fort Worth, with most properties around the 200 unit range. During the last couple of years, they slowed acquisitions and focused heavily on operations. Candice explains how that work helped them build repeatable systems and create a management company that she says is now largely scaled and running without them. She also explains why they chose to bring management in house. For Candice, it came down to execution, speed, and control over the business plan. The conversation also looks at current acquisition opportunities. Candice shares that they bought their first 18 unit property in 2017 for about $70,000 per unit. Today, she says they are seeing some similar B and C multifamily assets priced in the $60,000 per unit range. But she warns that today's expenses are also much higher, so lower pricing alone does not make a deal work. KEY TOPICS Why Candice focused on operations instead of buying more properties The two sides of operating a company: systems and people Why MGroup moved away from third party property management Why lower multifamily prices still require careful expense underwriting How Candice and Corey built their investor network over about 10 years Why MGroup plans to bring even more operational services in house
Axel sits down with Jeff Duchesne for a deal-segment deep dive into one of the wildest closings in the show's history — a 12-unit, 1980-built Manchester, NH property that took five years, a three-day jury trial, and a New Hampshire Supreme Court appeal to actually close.This episode is essential listening for any investor who wants to understand what happens when a seller tries to walk away from a signed PSA, what it actually looks like to litigate a real estate contract dispute to the finish line, and why the appreciation that occurred during the delay ultimately made the fight worth it many times over.Join us as we dive into:How Jeff sourced a 12-unit property (two 6-unit buildings built in 1980 with 20+ parking spaces) through a wholesaler.Why the sellers — two successful out-of-state businessmen — tried to back out of the Purchase and Sale Agreement (PSA).The five-year legal process: placing a lien on the property, enduring a high-stakes three-day jury trial, and winning an appeal in the New Hampshire Supreme Court.The strategic decision-making and settlement offers weighed the night before the jury verdict.How market appreciation between 2021 and the eventual closing date turned a good deal into a home run.How Jeff navigated the financing delay, including keeping the same lender who testified on his behalf in court.The immediate post-closing strategy: direct, transparent communication with existing tenants to adjust below-market rents while maintaining full occupancy.Connect with Jeff Duchesne:Contact: 603-819-3183Follow him on InstagramConnect with him on Linkedin Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedinSubscribe to our YouTube channelLearn more about Aligned Real Estate Partners
The 10-year Treasury just hit 5%. Spencer Gray and Griffin Haddad break down what that means for multifamily sellers, why the "extend and pretend" era may be ending, and why we see this as one of the better buying windows in years — plus a look at the $2 trillion apartment debt wall, institutional deal flow, and why secondary markets like West Lafayette are outperforming. Brought to you by DealSpoke.
Episode 199 In this episode, I sit down with Casey O'Toole, creator of LinkyBot.ai, to take a look at the brand-new LinkyBot dashboard and what it can do. LinkyBot is one of the most powerful AI-powered lead generation tools I've seen for LinkedIn. The new dashboard makes the information and activity coming from LinkedIn much easier to access, understand, and actually put to use. I'm a huge fan of LinkyBot personally. I've been using it for a long time, and it has generated many appointments, leads, and transactions for me. Casey walks us through the new dashboard, what's changed, and how users can take advantage of the additional data and functionality to get even more out of their LinkedIn prospecting. If you want to check it out, visit https://LinkyBot.ai. And if you decide to sign up after connecting with Casey and his team, use discount code LOBC to receive a special discount. If LinkedIn is part of your business—or you think it should be—this is definitely worth a look. Looking for Construction, Fix & Flip, Bridge, DSCR / Portfolio, or Multifamily financing for your clients? Partner with Lulu Capital Inc. for fast, dependable funding solutions. Get a quick quote here: https://www.lulucapitalinc.com/brokers Powered by: Mortgage Marketing Animals
Today is the Portland metro roundup, pulled from our summer newsletter. The cover feature is called The Quiet Part of the Cycle, and I think that title gets it exactly right.
Marketing metrics only matter if they connect back to real business outcomes. In Part 1, Reid sits down with Scott Hill, CEO and Co-Founder of PERQ, to discuss why multifamily marketers need better visibility into what's actually driving leads, tours, applications, and leases. From fragmented data to disconnected vendors, Scott shares how PERQ is working to make marketing performance easier to measure and improve.The conversation also explores attribution, website conversion, digital advertising, reporting, and the challenge of separating meaningful outcomes from vanity metrics. Scott and Reid dig into why clean data is the foundation for smarter decision-making and how a more connected marketing approach can help operators understand where their dollars are actually making an impact.
Every rookie investor arrives at the same fork in the road early on: single-family home or multifamily. Which one's actually the better option? The property type you choose first can shape how fast you cash flow and how quickly you're able to scale your real estate portfolio. Today, we're breaking down both approaches so you can make that choice with confidence! Welcome back to the Real Estate Rookie Podcast! We're covering the real pros, cons, and differences between single-family and multifamily investing, including how your first rental property affects your options down the road. We're also running deal analysis on a similar single-family home and duplex to show you exactly where the major differences lie and dig into the numbers to see which path actually builds more wealth. While the decision largely depends on your market, budget, and time, this episode shows you exactly how to weigh those factors against your own goals. By the end, you'll know which property type will get you where you want to go! In This Episode We Cover Whether you should invest in single-family or multifamily for your first rental The catch with some high-cash-flow multifamily properties Real numbers on two deals (including cash flow!) The challenges of house hacking a single-family home Why financing becomes more difficult past a fourplex Which type of rental property we'd buy if we were starting over today And So Much More! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-774. Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
When I first started investing in real estate, I was taught a very simple technique.Drive the neighborhoods. Look for the houses where the lawn is overgrown, the gutters are falling off, the paint is peeling, and the maintenance has clearly been deferred.The year was 2010. We were in the middle of the aftermath of the Global Financial Crisis, and hundreds of thousands of homeowners were in financial distress. Sometimes the first evidence of trouble was not in a foreclosure filing. It was visible from the street.I think we need to start applying that same thinking to multifamily.One of our team members recently visited a relatively new Class A apartment complex in Pflugerville, Texas. There were plenty of cars in the parking lot. This was not some abandoned property.But the property wasn't showing like Class A.The landscaping was neglected. Cleanliness was below what you would expect from a relatively new luxury property. There were visible signs of deferred maintenance.The question is, what does that tell us?----------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1) iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613) Website: [www.victorjm.com](http://www.victorjm.com) LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce) YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734) Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso) Email: [podcast@victorjm.com](mailto:podcast@victorjm.com) **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com) Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital) Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)
Welcome to The Cashflow Project Podcast! In this episode, the conversation focused on the story of Ryan Cadwell, a veteran real estate professional and managing partner at Resolute RDM, with over 17 years in the business. The discussion explored Ryan's upbringing in a real estate family, the lessons he's learned navigating market cycles, and the importance of legacy and mindset in building wealth. One concept discussed was how hands-on experience and a willingness to learn from mistakes are essential in real estate investing. A key theme that emerged was the value of strong relationships, humility, and collaboration. The episode also highlights Ryan's commitment to giving back, particularly through his work with 91 Place, which supports homeless youth. Tune in for insights on overcoming pitfalls, adapting to changing markets, and building a sustainable real estate career. [00:00] Getting into real estate business [05:50] Learning life lessons from family [07:52] Learning from business mistakes [09:55] Avoiding investment pitfalls [15:56] Emotional attachment to properties [19:28] Supporting young adults in transition [21:44] Tech's impact on human interaction [26:43] Multifamily investment craze explained [27:38] Navigating the multifamily market [31:33] Operating lean in tough times [34:45] Learning from past struggles [38:33] Advice to my 20-year-old self [40:32] Encouragement to engage and connect Connect with Ryan Cadwell! Website1 Website2 LinkedIn Connect with The Cashflow Project! Website LinkedIn YouTube Facebook Instagram
Economic strain is weighing on renters. The prices of gas and overall inflation is taking its toll. At the same time, expenses have skyrocketed, further adding to the challenges of operating multifamily. As a result, many operators are putting their emphasis on maintaining occupancy versus growing their portfolios. David Lamatinna, Principal at Arrowhead Properties, has over 20 years' experience in acquiring, renovating, and managing C class apartment communities throughout greater Boston. Having a tight geographic focus, combined with an experienced operator, mitigates a lot of risk. There's no substitute for an operator living in the market they operate in.
Axel sits down with longtime friend and fellow New Hampshire investor Jeff Duchesne — who, alongside his business partner, has bootstrapped a self-managed, ~198-unit portfolio concentrated almost entirely in Manchester, NH, without ever raising outside capital.This episode is essential listening for any investor curious what it actually looks like to build a serious portfolio with just two partners, zero investors, and a deliberate refusal to sell — and why staying hyper-local for a decade can become its own competitive edge.Join us as we dive into:How Jeff and his partner bought their first Manchester three-family with an FHA loan, built an extra bedroom in the parlor, and brought in roommates from Craigslist to live for free.Why they consciously chose to concentrate almost all 198 units within a 5-to-10-minute drive in Manchester, NH, rather than expanding across the state.The transition from small 3-unit rehab loans to their pivotal 8-unit deal on Bridge Street that unlocked scaled growth.Why Jeff's group has held onto their portfolio without selling, maintaining a 54% loan-to-value (LTV) across the portfolio, and using lines of credit for acquisitions instead of cash-out refis.How Jeff kept his W-2 job while building a 100+ unit portfolio and leveraged his employer's banking relationships to finance his own early deals.The reality of in-house property management: running 198 units with a lean team consisting of a couple of maintenance guys and Jeff's sister handling tenant calls.Jeff's specific buy box: targeting Manchester properties with larger bedroom counts (2s, 3s, and 4s), off-street parking, and separate utilities.How prioritizing tenant retention and low turnover over aggressive, peak-market rent increases drives higher long-term cash flow.Connect with Jeff Duchesne:Contact: 603-819-3183Follow him on InstagramConnect with him on Linkedin Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedinSubscribe to our YouTube channelLearn more about Aligned Real Estate Partners
Data centers need enormous amounts of power, and apparently they need it fast. What if some of the outrageous sums of money they're willing to spend to get that power went directly toward putting solar and batteries on homes and businesses?That's the idea Barry Cinnamon wants to pressure-test in today's Tactical Tuesday on SunCast.Last week, Barry compared the dramatically different costs of solar and storage in Australia and the U.S. This week, he moves from diagnosing the problem to proposing a solution: use data center demand as a new source of capital for distributed energy.His concept is a behind-the-meter feed-in tariff that would allow data centers to help fund rooftop solar and storage. Customers get a faster payback. Data centers get access to new, dispatchable capacity. And more power gets built without relying entirely on the traditional utility infrastructure pipeline.It's still a concept, and Barry is clear that the regulatory and market mechanics still need to be worked out. But the question underneath it is worth exploring: Could one of the biggest new sources of electricity demand also become a catalyst for distributed energy?Expect to learn:
In this episode, Andrew Cushman shares his elite strategies for navigating the turbulent multifamily real estate market. With over 3,000 units acquired and $122 million raised, Cushman breaks down how prioritizing fixed-rate debt and stress-testing for low-probability, high-consequence scenarios allowed his portfolio to weather historic interest rate hikes unscathed.The conversation explores the shifting macroeconomic landscape, analyzing how the Federal Reserve's policies and current supply-and-demand metrics are creating a massive deficit for new apartment deliveries. Cushman reveals exactly where he sees the most lucrative future opportunities, why he avoids Class C properties in the current cycle, and how to build unshakeable relationships with private investors.KEY TOPICS DISCUSSEDNavigating multifamily real estate portfolios through high interest rate cycles.Hedging against low-probability, high-consequence macroeconomic risks.The impact of Federal Reserve rate hikes and bond yields on commercial real estate.Analyzing rent growth momentum in specific markets like Atlanta and Austin.Why sharp declines in new apartment supply deliveries will drive the next bull market.The elevated operational risks and cap rate expansions of investing in Class C properties.Strategies for raising private capital without relying on institutional private equity.KEY TAKEAWAYSFixing long-term debt protects real estate portfolios from aggressive interest rate spikes, providing crucial staying power during economic downturns.Tracking rent growth momentum, rather than just current declines, helps identify markets that are quietly preparing for an upward recovery cycle.Because high interest rates have heavily reduced new developer starts, a massive supply shortage is inevitable and will drive outsized rent growth in the near future.Class B and A-minus multifamily properties offer better risk-adjusted returns and significantly lower operational headaches compared to cheaper, lower-tier assets.Building a sustainable capital-raising pipeline requires showing up with value in masterminds and maintaining proactive, transparent communication with investors through all market conditions.CONNECT & TAKE ACTIONInvest in first-position asset-backed lending with the Imagos Income Fund by texting the word INCOME to 844-777-1434.Discover luxury home ownership in Orange County at Skyline OC by visiting skylinocresidences.com.Connect with Andrew Cushman and Vantage Point Acquisitions at vpacq.com or email andrewc@vpacq.com.Follow Matty A on all social platforms at @officialmattya.Text your questions to 844-777-1434 to have them answered on an upcoming episode.
We're pulling back the curtain on four sneaky “cash flow killers” that are silently draining profits from women real estate investors — and how to fix them before year-end. This week we're sharing what we've learned from 12+ years of investing and mentoring thousands of women inside our community. If you already know how to buy real estate but feel stuck in the day-to-day, this conversation is for you.You'll hear:The two biggest gaps we see holding women investors back: blind spots and no time to work on the business.How acting like a landlord vs. a CEO keeps you reactive and underpaid.The real cost of reactive maintenance (like a $300 emergency AC call for a dirty filter) and how simple systems prevent it.Why not raising rents to market is quietly erasing your cash flow—and how one member found an extra $500/month from one quick check.How to shop your insurance policies instead of auto-renewing at double the premium.Practical scripts and mindset shifts for negotiating contractor, vendor, and utility bills without burning relationships.By the end, you'll have four concrete moves you can make this month to put more money back in your pocket—without buying another property. Resources:Join our free virtual event WIIRE Networking ExtravaganzaGet on the waitlist for the WIIRE CommunityWork with SteadilyLeave us a review on Apple PodcastsLeave us a review on SpotifyJoin our private Facebook CommunityConnect with us on Instagram
Investor Fuel Real Estate Investing Mastermind - Audio Version
In this episode, Eran Reizer, known as the Multifamily Doctor, shares insights on navigating the challenging real estate market, focusing on property management, deal sourcing, and market opportunities. Perfect for investors looking to deepen their understanding of multifamily and single-family strategies. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind: Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply Investor Machine Marketing Partnership: Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com Coaching with Mike Hambright: Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform! Register here: https://myinvestorinsurance.com/ New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club —--------------------
Apartment construction is getting a little faster, but projects are still taking much longer to complete than they did a decade ago. New Census Bureau data shows multifamily buildings completed in 2025 took an average of 18.9 months from authorization to completion. Kathy Fettke breaks down what's driving longer construction timelines, how the development pipeline is changing, and what it could mean for apartment supply, rents, and real estate investors.
The Science of Flipping | Become a real estate investor | Real Estate Investing like Robert Kiyosaki
Most real estate educators tell you to master one market and stay in it forever. Neil Bawa thinks that is wrong and lazy. In this episode of The M.O.R.E. Show, Justin Colby sits down with Neal Bawa, known as the Mad Scientist of Multifamily, a former data scientist and tech company founder who has built a portfolio of over 4,000 apartment units across 7 states with $400 million under management and 1,150 active investors. Neil breaks down why his data-driven approach to real estate outperforms gut instinct every single time, how he sold out a 237-unit apartment syndication in four hours, why he learned never to invest in Chicago again, and how he is now using fully automated AI underwriting to evaluate deals faster than any human team can. KEY TOPICS COVERED: Why there are no great markets in America only great markets at certain points in time How Neil sold out a 237-unit apartment syndication in four hours using a nurtured email list The tax strategy that forced Neil into syndication and how it built his entire empire Why Neal left single family behind and went all-in on multifamily apartments How Neal's team uses fully automated AI underwriting to analyze deals at scale The current distressed deal opportunity in Dallas and why banks are offering concessions to buyers right now ️ Key Moments 00:01 — Introduction: Neal, the Mad Scientist of Multifamily 00:30 — $400 million under management 4,000 units across 7 states 00:53 — Portfolio breakdown: Utah, Idaho, Phoenix, Texas, Atlanta 01:30 — Why Neal jumps markets, there are no permanently great markets 01:54 — Neal's background: data scientist, tech company founder, recovering technologist 02:11 — How real estate reduced Neil's taxes during his tech company years 02:31 — 2013: selling the company, massive taxable event, and discovering syndication 03:21 — How a nurtured email list sold out 237 units in four hours 04:16 — 1,150 investors and $350 million in equity raised 04:41 — Taking investors on property tours and why it changes everything 07:00 — First property: Chicago, $12.5 million, and lessons learned the hard way 10:00 — Why Neal never invests in Chicago again 15:00 — Single family war scars and the pivot to multifamily 20:00 — The four pillars of multifamily including tax benefits 25:00 — Cost segregation, bonus depreciation, and real estate professional status 30:00 — Neil's AI market data tool fully automated underwriting explained 36:00 — The distressed deal opportunity in Dallas right now 40:00 — Buying directly from banks concessions, low interest rates, long IO periods 42:00 — Co-GP model and Deal Flow Fridays 43:00 — Where to find Neal Bawa Connect with Neil Bawa: https://multifamilyu.com About The M.O.R.E. Show: The M.O.R.E. Show is hosted by Justin Colby and is dedicated to helping real estate professionals, investors, and entrepreneurs maximize opportunity in any market. New episodes every week. Learn more: www.timeformore.com Invest with Elevest Capital: www.elevestcapital.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
In this episode of The Heartland Multifamily Show, Trot Carey and I explore a question I think more investors should be asking: as the world becomes increasingly digital, will owning physical assets become more valuable? We discuss why I believe multifamily real estate offers something that goes beyond financial returns. An apartment community is something you can see, understand, and connect with. It provides housing, supports local jobs, and creates an economic impact that investors can experience firsthand. We also get into why some investors are moving toward tangible assets, how passive multifamily investing works, and what role AI might play in the future of apartment ownership and property management. We wrap up with a discussion about publicly traded REITs, the difference between owning shares and having a direct connection to real estate, and why I believe that connection could become increasingly important in the years ahead. If you're considering multifamily investing or exploring the differences between physical and digital assets, this conversation offers another perspective on what makes an investment valuable. Timestamp 00:00 Physical vs. Digital Assets: Why Invest in Multifamily Real Estate? 01:35 Why Is Every Investment a Bet on the Future? 03:38 Why Does Darin Prefer Physical Assets to Digital Investments? 04:23 Why Do Some Younger Investors Prefer Multifamily Real Estate? 05:34 Will AI Make Physical Assets More Valuable? 08:20 Why Are Investors Asking About Fourplexes and Small Apartment Buildings? 09:08 How Do Apartment Communities Support Jobs and Housing? 11:43 What Is the Personal Return on Multifamily Investing? 13:17 Why Do Passive Investors Tour Their Apartment Properties? 16:19 How Do You Choose Investments You Understand? 17:10 What Keeps New Investors Out of Multifamily Real Estate? 18:10 Do You Need Property Management Experience to Invest Passively? 19:04 What Will Multifamily Investing Look Like in Five Years? 19:41 Will AI Change Apartment Property Management? 20:33 Why Is Demand for Multifamily Investing Growing? 21:24 Are Financial Advisors and Family Offices Looking at Multifamily? 22:23 What Is a Publicly Traded REIT? 23:32 How Does REIT Investing Compare With Direct Property Ownership? 24:14 Should Investors Own More Physical Assets in the Future?
Buying during a difficult market is one thing. Setting up a deal so it can survive what comes next is another. Dan Brisse says the current multifamily market has created something investors have not seen in a long time: owners under serious pressure and properties available at much lower cost bases. Granite Towers is mainly focused on value add apartments around Dallas and Nashville. Dan explains why his team wants to be a distressed buyer rather than a distressed seller, and how lessons from the last several years have changed the way they look at leverage, debt, reserves, and hold periods. Dan also shares what happened when three economists at a recent conference gave three completely different predictions for interest rates. His conclusion was simple. You have to structure a deal so you can win no matter which direction rates move. Key topics and takeaways Why distressed multifamily sellers are creating buying opportunities How Granite Towers moved out of bridge debt and reduced leverage Why taking care of the property and residents comes before distributions How Dan communicates with investors on the first day of every month Why Dan does not want a deal to depend on lower interest rates The type of apartment properties Granite Towers knows best Why Dan prefers giving real estate 5, 7, or 10 years to season Guest information Dan Brisse is a former professional snowboarder and cofounder of Granite Towers. Dave notes that Granite Towers has more than 3,000 apartment units in its portfolio, along with triple net lease properties. Granite Towers is mainly looking at multifamily opportunities around Dallas and Nashville, with select investments in Minnesota. Website: granitetowersequitygroup.com Call to action To connect with Dan and Granite Towers, visit granitetowersequitygroup.com and use the Contact Us page. Dan says people can leave their email and phone number to arrange a call or join the company database to see future deals.
Although there's $150 billion in debt coming due in Multifamily in 2026, most operators are either putting more money into their deals or working out arrangements with their lenders. There have been few foreclosures or short sales. Since the fundamentals are still solid in most markets, it's mostly the financing that's been challenged. Andrew Cushman, Founder and Principal Vantage Point Acquisitions, operates a portfolio of multifamily assets in the Southeast, and has never lost investor's money. Andrew has prioritized working hard to optimize daily operations in order to achieve maximum performance of his existing assets.
Axel sits down for the second time with Ross McArthur, Midwest multifamily operator and co-founder of Follow The Deal Investments and Thrive Property Group — for a candid update on how his portfolio grew from roughly 400 units to over 1,100 units in just three years, all while bringing property management fully in-house from 1,000+ miles away in Florida.This episode is essential listening for any investor or operator wrestling with the decision to bring management in-house versus stay with third-party, how to keep deal flow alive in a slow transaction market, and what disciplined, capital-efficient scaling actually looks like once a portfolio crosses the 1,000-unit mark.Join us as we dive into:How Ross scaled from ~400 to 1,100+ units during one of the slowest transaction markets in years — by staying consistently active with brokers and direct-to-seller outreach even on deals he didn't expect to win.Why Ross's buy box has tightened significantly since his last appearance — more rigorous inspections (including full crawl-space checks), a hard focus on roof age and its impact on insurance costs, and a new reluctance to pay up for 1960s/70s builds versus 2000s-era construction.The hub-and-spoke, fully in-house management model behind Thrive Property Group — running 1,100+ units with fewer than 10 core people, built around a single standardized set of KPIs Ross calls "the Big Five".The maintenance staffing lesson learned the hard way — why Ross split his in-house maintenance team (light fixtures, faucets, "the last 10 feet") away from painting and flooring, which are instead handled by dedicated third-party specialists — because most maintenance techs "hate doing flooring and suck at painting."The strategic trade-off between building a deal-making machine versus a management machine — how Axel and Ross compare their differing structures (third-party vs. fully in-house) and why neither approach is wrong, just a reflection of what each business is solving for at a given stage.Connect with Ross McArthur:Website: followthedeal.comConnect with him on Linkedin Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedinSubscribe to our YouTube channelLearn more about Aligned Real Estate Partners
Invest Like a Billionaire - The alternative investments & strategies billionaires use to grow wealth
Is the multifamily market finally at the bottom? After years of rising interest rates, falling property values, and distress across commercial real estate, the data may be pointing to a major buying opportunity.In this episode, Bob Fraser, Ben Fraser, and Ellis Hammond break down the current state of the multifamily market, the nearly $800 billion maturity wall, where distress is actually showing up, and why they believe the bottom is here.They also explain why today's higher interest rates could create a unique buying window, how inflation impacts real estate over the long term, and why borrowing costs are temporary, but your basis is forever.Have more questions, or want more resources like a tax calculator? Go to https://investlikeabillionaire.org/ to learn more about our community. Check out Ben & Bob's company and invest along at https://aspenfunds.us/
Jeffrey Havsy is the commercial real estate industry practice lead at Moody's Analytics, where he focuses on combining property fundamentals with economic, credit, climate, and alternative data to help lenders, investors, and operators make better decisions. He has spent his career at the intersection of economics and real estate, including roles at NCREIF and CBRE. Moody's Analytics covers more than 600 million public and private entities worldwide and generated over $7 billion in revenue in 2025. Jeffrey is based in Needham, Massachusetts.(02:46) From data scarcity to data curation(03:39) What lenders and investors miss beyond property fundamentals(05:34) Tenant credit, crime data, and truck traffic as signals(09:16) Moody's commercial location score explained(12:52) Cap rates: overrated, underrated, or misused(15:39) Moody's MCP launch and what it means for CRE decisions(18:32) Why Moody's stays AI platform-agnostic(20:44) Where the human stays in the loop(23:33) Physical risk vs. ESG(26:11) The hidden risks in industrial real estate(30:06) How robotics changes what a warehouse is worth(31:09) The one macro data point CRE ignores: productivity(33:10) Collaboration superpower: Abraham Lincoln
Doctors may earn strong incomes, but Kyle Stephenson says many receive very little financial education. That gap became a major reason he started learning about real estate and eventually began helping other physicians do the same. Kyle is a full time orthopedic surgeon who began as a passive real estate investor. He later bought single family homes, found that approach difficult to scale, and joined a team investing in larger multifamily properties in Indiana. Today, he raises capital primarily from other physicians. His approach is simple. He does not want to sell people. He wants to educate them. Kyle explains why physicians can be a challenging audience, how local meetups and LinkedIn help him build relationships, and why he created the LegacyRx Conference. He also shares how his Doctors Investor Club podcast grew from a show focused only on real estate into a broader conversation about how doctors can think differently about wealth. The most personal part of the conversation comes when Kyle talks about losing his father. It changed how he views money, family, and the time he spends in the operating room. Key Topics Why Kyle moved from passive investing into active real estate His experience with single family homes and the move into larger teams Multifamily development and value add projects in Indiana Why Kyle focuses his capital raising efforts on physicians Why education works better than selling with doctors Using local meetups, conferences, and LinkedIn to build relationships Why Kyle wants doctors to think beyond a 401K and traditional saving How losing his father changed his view of wealth and family time Guest Information Kyle Stephenson is a full time orthopedic surgeon and real estate investor based in Indianapolis. He raises capital and works with a team focused on Indiana multifamily real estate. He is also involved with the Doctors Investor Club podcast and the LegacyRx Conference. Website: LegacyRx.co Email: kyle@LegacyRx.co Kyle also mentioned being active on LinkedIn and Instagram. Call to Action To learn more about Kyle, the LegacyRx Conference, and the investments he is involved with, visit LegacyRx.co. You can also contact Kyle at kyle@LegacyRx.co or connect with him on LinkedIn or Instagram.
George Roberts is an award-winning former data scientist and bioscientist who now focuses on commercial real estate. With nearly 800 citations across genomics, microbiology, and physiology, he brings his analytical expertise to housing economics and finance as "The Data Scientist of Real Estate." As founder of Roberts Capital Enterprises, George sponsors value-add multifamily investments, owns more than 550 units, and passively invests in multifamily, car washes, and triple-net real estate. He is also the author of Passionate Living Through Passive Investing and host of The Foundery – Where Leaders are Forged Daily! Here's some of the topics we covered: George's journey from science to real estate Using data science in multifamily investing His first 14 unit Orlando deal Multifamily market trends and opportunities Diversifying across multiple investments Focus vs. diversification in investing Entrepreneurship, risk, and learning from setbacks To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email Partner@RodKhleif.com For more about Rod and his real estate investing journey go to www.rodkhleif.com Please Review and Subscribe
This week we are joined once again by Kelsey Porter, who used real estate to build a life she actually wants to live. As an investor and realtor out of Des Moines, Kelsey traces how she went from “Is $8,000/month even possible?” to a lean, intentional 10‑door portfolio that pays for things like her wedding, travel, and future family plans.We talk about why financial freedom is a number, not a feeling, and how sitting down in 2020 with a simple spreadsheet—income in, expenses out—led Kelsey to her first financial freedom number of $8,000/month in cash flow. We share how that number initially felt out of reach, what it took to get there faster than expected, and why she later raised the bar.We dive into:Living below your means (even when your income grows)House hacking, renting out your primary, and being a one‑car householdUsing medium‑term rentals and short‑term rentals to get more “juice from the squeeze”Kelsey's nine real estate eras: Disbelief, Hustle, Lucky/Harvest, Enjoyment, Opportunistic, Debt Payoff, Coast, and “Sell It All”The tension between hustling hard and actually allowing yourself to enjoy what you've builtIf you're a woman investing in real estate and you want inspiration, real numbers, and a roadmap for building a small‑but‑mighty portfolio that supports your values (not just your ego), you'll feel right at home in this conversation with Kelsey. Resources:Listen to Kelsey's first WIIRE appearance in Episode 121Connect with Kelsey on InstagramGet on the waitlist for the WIIRE CommunityMake sure your name is on the list to secure your spot in The WIIRE Community Leave us a review on Apple PodcastsLeave us a review on SpotifyJoin our private Facebook CommunityConnect with us on Instagram
Links & ResourcesFollow us on social media for updates: Instagram | YouTubeCheck out our recommended tool: Prop StreamThank you for listening!
What happens when a pharmacist and a property manager team up to build an eight-figure real estate empire? In this episode, Adriana Barrero and Paula Sabersula of Elan Equity share how they went from residential investing — flipping, wholesaling, and building condo regimes in East Austin — to raising capital for a $47M multifamily portfolio, all while carving out a niche most operators overlook: helping pilots and medical professionals invest passively to solve their biggest pain point, sky-high taxes. They break down their relentless due diligence process, from background-checking every operator and insisting on fixed-rate debt, to walking properties in person and cross-checking underwriting with a second set of eyes, and reveal exactly how they build trust and convert leads at pilot and physician conferences using playbooks, newsletters, and old-fashioned follow-up calls. Along the way, they open up about lessons learned watching investors get burned by capital calls in 2021 and 2022, why honesty and humility are non-negotiable in this business, and how they're now exploring self-storage and diversifying beyond multifamily. If you want to see how relationship-driven capital raising and rigorous due diligence come together to build real trust with investors, this conversation is a must-listen.5 Key Takeaways:Adriana and Paula built Elan Equity by pivoting from residential investing (wholesaling, flipping, and condo development) into commercial real estate, learning to underwrite through Michael Blank before scaling into raising capital for multifamily deals.Their investor avatar is pilots and medical professionals, a niche chosen because both groups face steep tax burdens and often don't realize how much they can legally save through real estate investing.Their due diligence process is extensive: background checks on every operator, a strict buy box (no properties older than the 1980s, no crime nearby, fixed-rate debt only), in-person property walks, and a second independent underwriting review from a trusted partner.They generate and convert leads primarily through conferences (like the Passive Income MD Conference and pilot association events), using giveaways, e-books/playbooks, newsletters, texts, and LinkedIn to nurture relationships — sometimes for months or years — before investors commit capital.Honesty and humility are core to their investing philosophy: having witnessed investors get hurt by capital calls during the 2021-2022 rate spikes, they emphasize transparent communication with both their partners and their investors, and are now exploring diversification into self-storage.About Tim MaiTim Mai is a real estate investor, fund manager, mentor, and founder of HERO Mastermind for REI coaches.He has helped many real estate investors and coaches become millionaires. Tim continues to help busy professionals earn income and build wealth through passive investing.He is also a creative marketer and promoter with incredible knowledge and experience, which he freely shares. He has lifted himself from the aftermath of war, achieving technical expertise in computers, followed by investment success in real estate, management skills, and a lofty position among real estate educators and internet marketers.Tim is an industry leader who has acquired and exited well over $50 million worth of real estate and is currently an investor in over 2700 units of multifamily apartments.Connect with TimWebsite: Capital Raising PartyFacebook: Tim Mai | Capital Raising Nation Instagram: @timmaicomTwitter: @timmaiLinkedIn: Tim MaiYouTube: Tim Mai
Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles
Mark Allen of Colliers- Dallas joins the Old Capital Real Estate Investing Podcast to explain how distressed properties, forced sales, and lender-owned assets are reshaping the multifamily market. According to Mark, nearly 60% of apartment sales during the first half of 2026 involved properties built before 1990—evidence that workforce housing has moved to the center of the market. "I look at this as really the resolution phase of the market, so we're starting to resolve a lot of this distress," Mark explains. High-net-worth investors now represent many of the buyers pursuing these opportunistic acquisitions, replacing some of the traditional syndication groups that previously dominated bid sheets. For sellers, Mark says the most important consideration is no longer necessarily the highest offer: "Surety of close is key in today's market. Not price—surety of close." Mark also describes two extraordinary transactions in which sellers are willing to pay buyers to assume loans and avoid agency foreclosures—something he has never witnessed during his career. Although today's market remains challenging, he believes some properties are trading at values that could eventually produce exceptional returns as demand and rent growth recover. "At some point, they're going to look great," Mark says, predicting that certain properties could eventually trade for twice their current purchase prices. "If you felt like you missed the opportunity 10 years ago, we're back—same pricing, same opportunity." His advice to sellers is to carefully investigate each buyer's transaction history and personally contact their references. His advice to buyers is equally direct: "Location is key," and investors entering difficult submarkets should have sufficient capital to withstand a potentially extended recovery. In today's market, Mark believes being overcapitalized is far wiser than being undercapitalized. Paul also shares how the Old Capital Accelerator provides hands-on education, property tours, and practical experience for investors who want to grow into multifamily ownership. Learn alongside experienced apartment owners, brokers, property managers, attorneys, and other industry professionals as we walk through the entire acquisition process—from finding and underwriting deals to financing, due diligence, raising equity, and submitting an offer. This isn't about theory. It's about learning how apartment deals actually get done in today's market. Real Deals. Real Experts. Real-World Experience. Learn more and apply to the Old Capital Multifamily Accelerator: OldCapitalAccelerator.com
Axel Ragnarsson goes into a stream-of-consciousness rundown of 11 lessons, mistakes, and hot takes on multifamily investing pulled from years in the trenches as both an active buyer and operator for this solo Multi-Family Minutes episode.This episode is essential listening for any investor — new or experienced — who wants a rapid-fire gut check on where they're wasting time, misreading risk, or misunderstanding how the market actually values their deals heading into 2027 and beyond.Join us as we dive into:You're saying yes to too many things — why chasing deals, partnerships, and asset classes outside your defined market, deal size, and strategy pulls you away from where your time is actually best spent.Most investors don't know their core competency — the three pillars of real estate investing (acquisitions, financing/capital, and operations) and why picking one to truly excel at — rather than doing all three at a mediocre level — is what creates a real edge."Rents are a market decision, vacancy is an operator decision" — why chasing the market down in small rent increments is a mistake, and why getting ahead of demand by pricing to clear the market beats holding out for a number that isn't there.You're probably not taking enough risk — especially investors under 30 — and why the "worst case" of a failed deal is rarely as catastrophic as new investors imagine.You don't make real money via cash flow in C-class rentals — why C-class assets are "trading assets," not "investing assets," and how the real returns come from buying right, stabilizing, and exiting rather than long-term hold cash flow.Always know who your eventual buyer is — why elevated NOI from mid-term rentals, rent-by-the-room, or other operationally intensive strategies won't get rewarded at exit the way owners expect, since buyers underwrite to their own (usually more conventional) operating plan.Get comfortable: rates aren't dropping and rents aren't spiking anytime soon — a realistic outlook suggesting the current rate and rent environment likely persists through 2027, into 2028, and possibly 2029.If a deal intimidates you, take the partner — a personal admission that some of the biggest early-career mistakes came from over-extending on deals with complexity better handled alongside a complementary partner.Environmental, title, and government issues are the ones to fear most in DD — unlike physical or tenant problems (which you can price), vague issues like unresolved fire-department sprinkler mandates or ambiguous title exceptions need full closure before moving forward.Revenue solves almost every operating problem — since the majority of multifamily expenses are fixed regardless of occupancy, the core of asset management is filling units, avoiding delinquency, and protecting occupancy — even if that means taking a lower rent now and refinancing later.The buyer who pays more than you probably has different goals or a different cost of capital — not necessarily better information — whether that's a 1031 exchange buyer, a hobbyist doctor-investor, a nearby owner paying a premium for proximity, or an out-of-market operator buying a foothold deal.Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedinSubscribe to our YouTube channelLearn more about Aligned Real Estate Partners
What's the biggest headache in your real estate business right now?For many investors, the answer is simple: they're trying to do everything themselves.In this clip, Bob Lachance, founder and CEO of REVA Global, explains how real estate investors can use virtual assistants to systemize their businesses, eliminate bottlenecks, and free up their time for higher-value activities.Instead of simply saying, “I need a VA,” Bob recommends identifying the biggest pain point in your business first. From there, you can build a system around that specific problem and outsource the right tasks.For real estate investors, that could mean:• Lead generation and lead management• Acquisitions and property analysis• Social media and content• Tenant calls and property management tasks• Bookkeeping and accounting• Move-ins, move-outs, collections, and maintenance• Using AI to streamline repetitive tasksThe goal isn't simply to hire someone. It's to build systems that allow your business to operate more efficiently and give you back your time.As your portfolio grows, your ability to delegate and systemize becomes increasingly important.What's the biggest task you would outsource in your real estate business?
Richard McGirr talks to August Biniaz, Chief Investment Officer and co-founder of CPI Capital, who has spent the last six years building a real estate private equity firm while navigating the brutal realities of entrepreneurship, capital preservation, and cycle risk. He breaks down why Canada's lower yields pushed him toward U.S. multifamily, why the current pricing reset has changed the opportunity set, and why the operators who survive this environment will be the ones who protect LPs first. August Biniaz Co-Founder and CIO of CPI Capital Based in: Naples, Florida Where to find them: https://www.linkedin.com/in/augustbiniaz https://cpicapital.ca/ For more information, visit https://superhuman.com/. Podcast production done by Outlier Audio. Learn more about your ad choices. Visit megaphone.fm/adchoices
The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action
The multifamily market has changed … and lower prices could be opening the door to opportunities investors haven't seen in years. For a look at what's happening in the market, where to find opportunity, and what it takes to make the jump to multifamily, Robert welcomes back to the show apartment investing veteran and The Apartment King, Brad Sumrok. Having helped thousands of investors make the move into multifamily, Brad brings plenty of perspective on what today's lower prices could mean for investors and why this could be an interesting time to make the leap. If you've been building with single-family and are ready to scale, tune in and discover the possibilities in apartments! Since 1997, The Real Estate Guys™ radio show features real estate investing ideas, strategies, interviews, and all kinds of valuable resources. Visit our Special Reports Library under Resources at RealEstateGuysRadio.com