Wheelbarrow Profits Podcast: Multifamily Real Estate Investment
In this week's episode, we delve into an important financial topic that affects us all: the safety of keeping your cash with banks. Join us as Jake and Gino explore whether banks are truly a secure place to store your hard-earned money. It's no secret that notable bank collapses and financial crises have shaken public confidence in the banking system. We examine the factors that contributed to these failures. By looking at these real-world examples, we provide you with a deeper understanding of the risks associated with traditional banking. Furthermore, we'll shed light on bank runs and their significance as potential indicators of forthcoming financial crises. We'll explain what a bank run is, why it happens, and the potential consequences for both individuals and the broader economy. Understanding the signs and implications of a bank run is crucial for safeguarding your finances and making informed decisions. Our expert guests will provide insights into alternative options for safeguarding your cash and diversifying your risk. Key Moments: 00:25 Recent bank runs 04:37 Why are the banks failing 07:00 Role of credit unions 08:38 How banks use whole life insurance to manage wealth 13:58 Join us at Multifamily Mastery 6 in Orlando FL 15:27 Rents in Multifamily space are becoming stagnant 17:17 Why Gino is bullish on insurance 22:12 Risk management tips for you In addition to exploring alternatives like credit unions and decentralized finance, we'll delve into the viability of investing in whole life insurance policies as a potential option. Whole life insurance policies offer a unique combination of insurance coverage and cash value accumulation. Jake and Gino provide insights into how these policies work, their potential benefits, and considerations for incorporating them into your financial strategy. We'll dive into the features of whole life insurance policies, such as guaranteed death benefits, tax advantages, and the ability to build cash value over time. We'll explain how these policies can serve as a means of protecting your wealth, providing a source of liquidity, and potentially offering long-term growth opportunities. Join us on this thought-provoking journey as we discuss the safety of keeping your cash with banks, recent bank collapses, and how to thrive in an uncertain economic environment. Stay informed and empowered to protect your financial well-being. Additional resource: Age of Easy Money (full documentary) - https://www.youtube.com/watch?v=EpMLAQbSYAw Subscribe to our podcast and hit the notification bell, if you like our content. #BankingSafety #BankCollapses #FinancialCrises #BankRuns #FinancialResilience #WholeLifeBenefits ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Learn how to ride the wave of current market conditions and uncover the hotspots for investment! To know more about long-term personal financial engineering and options for building legacy wealth, connect with our Team at www.100year.com Bonus resources: For more on investing and building long-term wealth, check out this podcast on a strategy with more consistent dividends: https://100yearrei.com/are-you-looking-for-an-investment-with-consistent-dividends/ SCHEDULE A Call: https://100yearrei.com/callnow/ ^To talk to our Team about adding a Permanent Life Insurance Policy to your financial plan (and even the plan for your children), get in touch with our Team here^ About The 100 Year Real Estate Investor The Whole Life Insurance Policies offered by the 100 Year Real Estate Investor are specially-designed. This means they work harder toward achieving your financial objectives, no matter what they may be. Check out this blog for 7 facts about our specially-designed strategies that may not be true about typical whole life policies: https://100yearrei.com/7-facts-about-... #storytelling #brandingtips #storytellingideas #entrepreneurtips #businesstips The contents of this video are for informational and educational purposes only. They should not be considered investment, financial, legal or tax advice. Jake and Gino are not licensed in the insurance or securities industries and is not in the business of selling, soliciting or negotiating the sale of any insurance contract, security or other investment vehicle.
Wheelbarrow Profits Podcast: Multifamily Real Estate Investment
In this engaging episode of the Wheelbarrow Profits Podcast, Vincent Gethings, a veteran real estate investor and entrepreneur, shares his insightful journey and valuable lessons learned in the world of real estate. Vincent outlines how he built his successful investment portfolio while balancing his duties in the military. He highlights the importance of building strong teams and the pitfalls of spreading investments too widely. Gethings also delves into how he manages assets, the significance of a 'return on effort' mindset, and the importance of focusing on local markets before considering out-of-state investments. As he shares his experience of owning and managing properties across multiple states, Vincent cautions against the difficulties and complexities this can entail. He emphasizes the benefits of going "a mile deep" in one or two chosen markets rather than a "mile wide." Vince also shares his exciting upcoming plans including scaling up his franchise, restructuring his entire portfolio for higher quality product in more focused markets, and hosting the upcoming Hawaii Millionaire Mindset Conference on the Big Island of Hawaii. If you're interested in multifamily real estate and want to learn from someone who's successfully navigating the industry, this episode is a must-watch! Chapter Highlights: 00:00 - Intro 01:02 - Vince Gethings, Why Multifamily? 06:08 - Next Steps in Vince Gethings Journey 08:48 - Before Education what Problems Did Vince Have? 11:48 - The Decision to Change Careers 15:45 - What Were the Challenges Changing Careers 20:17 - Vince Describes Asset Accumulation and His Journey To Entrepreneurship 25:11 - Gino Bulletpoints Vince's Comments 33:51 - Vince's Advice for Professionals Looking to get into Multifamily 35:16 - What Does Vince Gethings Future Look Like and Where Can We Reach Vince? 36:38 - Gino's Wrap Up. Guests Info: Email - email@example.com Event Website - https://hawaii-millenniummindset.com Remember to subscribe to our channel for more inspiring content from industry experts and successful entrepreneurs. We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors)
In this episode, join our host Shawn DiMartile as he sits down with special guest Valerie Shirah, real estate investor and founder of a thriving Virtual Assistant Agency. Valerie shares her remarkable journey from a real estate entrepreneur struggling to handle everything on her own to a savvy business owner leveraging the power of virtual assistants. Discover how Valerie's decision to hire virtual assistants not only accelerated the growth of her real estate business but also significantly reduced costs compared to hiring full-time employees. Gain valuable insights as Valerie guides professionals through the process of connecting with overseas virtual assistants and delegating tasks effectively. Whether you're a real estate enthusiast or an entrepreneur looking to optimize your operations, this episode offers practical tips and inspiration for achieving scalability and efficiency in your business. Tune in and learn how virtual assistants can revolutionize your professional life! Guest Info: Valerie Shirah Website: https://thestreamlineteam.com/ Email: firstname.lastname@example.org
The Nuts & Bolts of Real Estate Investing
Jennings Smith runs the Multifamily Deal Room, and has an abundance of knowledge to share with you and anyone looking to get into multi family real estate deals.
BiggerPockets Real Estate Podcast
The multifamily market is about to buckle. With sellers still riding the highs of 2022, buyers are at a crossroads; keep pursuing deals or wait for the market to go south. And, with mortgage rates rising and short-term financing coming due, many multifamily owners could be forced to sell their properties to the highest bidder. While some of this may sound like speculation, we've got a multifamily forecast straight from an expert in the industry, Angie Smith, from Strategic Management Partners. Angie and her company manage 25,000 rental units at a time. Yes, you read that right! For the past decade, Angie has been the go-to manager for top apartment complexes across Georgia, dealing with everything from noisy tenants to in-unit farms and goat grilling operations (seriously). She knows the ins and outs of property management, what makes a good property manager, and why self-managing isn't always the wisest move. In this episode, Angie gives her take on the 2023 housing market and when she thinks multifamily will start to get shaky, why most investors are wrong about property management, how to choose a property manager, and the questions you should ask ANY management company before you hire them. If you want TRULY passive income through real estate, you DON'T want to manage your rentals alone. In This Episode We Cover 2023 multifamily market updates and when prices could start to fall Lessons learned from managing 25,000 rental units, plus an INSANE story about an in-unit butchery Third-party property management vs. self-management (and who can handle it) Three questions to ask ANY property manager before you hire them “Receivership” and what happens to owners who can't pay their bills What you should NOT ask a property manager to do on your behalf And So Much More! Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-767 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email email@example.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
The Wild West Real Estate Show
It is my pleasure to introduce the first Family Guy coworker to appear on this show, Damien Fahey. Damien is a multi-talented individual, known for his diverse skill set, which includes being an American writer, voice actor, DJ, television host, comedian, drummer, and former MTV VJ. He works on Family Guy as a voice actor, writer, and producer. Damien provides insights into his experiences as a new landlord after owning a triplex for two years. He discusses the challenges of saving for unforeseen expenses that can arise when owning a property and the importance of depreciation as a powerful tool in the real estate industry. Damien also shares his unique approach to mixing popular culture with real estate by drawing inspiration from Family Guy. This episode is packed with valuable information. Don't miss out, tune in now to gain valuable insights from Damien's new landlord experience and learn about the power of the real estate industry.
How to Scale Commercial Real Estate
Today's Episode features Dedee Boring As a self-storage and multifamily investor, deal sponsor, and commercial real estate investor, Dedee Boring is dedicated to building wealth through strategic investments. Dedee is also the founder of the Women in Multifamily Association, connecting women in the industry and fostering collaboration. -------------------------------------------------------------- Starting a Networking Group [00:00:00] Challenges in Multifamily Investing [00:01:13] Lessons Learned in Partnerships [00:05:17] Networking for Women in Multifamily and Storage [00:08:02] Starting a Women's Group in Multifamily [00:10:48] Empowering Women to Invest in Real Estate [00:13:45] Starting a Women's Multifamily Networking Group [00:16:18] Challenges in Multifamily Investing and Pivoting to Self-Storage [00:17:03] Approaching Building a New Team for Storage Investments [00:19:11] -------------------------------------------------------------- Connect with Dedee: Web: https://boringandco.com/ Connect with Sam: I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns. Facebook: https://www.facebook.com/HowtoscaleCRE/ LinkedIn: https://www.linkedin.com/in/samwilsonhowtoscalecre/ Email me → firstname.lastname@example.org SUBSCRIBE and LEAVE A RATING. Listen to How To Scale Commercial Real Estate Investing with Sam Wilson Apple Podcasts: https://podcasts.apple.com/us/podcast/how-to-scale-commercial-real-estate/id1539979234 Spotify: https://open.spotify.com/show/4m0NWYzSvznEIjRBFtCgEL?si=e10d8e039b99475f -------------------------------------------------------------- Want to read the full show notes of the episode? Check it out below: Dedee Boring(00:00:00) - I started a networking group here in Austin. It was supposed to be women in multi-family Austin. Um, but then, and the reason it was I started going to these different, um, events and noticing that maybe there would be one woman on a panel and maybe one speaker, but for the most part it was 90% men, 10% women. And then looking out in the crowd thinking, what did they just not come today? Or where, where are girls at? Um, and so I just thought, well, maybe I know that there's some really great women out there. Let's start this little networking group and see what we get. Welcome Intro (00:00:35) - To the How to Scale commercial real Estate Show. Whether you are an active or passive investor, we'll teach you how to scale your real estate investing business into something big. Sam Wilson (00:00:48) - Dedee Boring is a self-storage and multi-family investor, and she's dedicated to building wealth through strategic investments. Deedee is also the founder of the Women and Multifamily Association connecting women in the industry. Deedee, welcome to the show. Dedee Boring(00:01:02) - Thank you for having me. I appreciate being here. Sam Wilson (00:01:04) - Absolutely. The pleasure is mine. Deedee, there are three questions I ask every guest who comes in the show in 90 seconds or less. Can you tell me where did you start? Were you now, and how did you get there? Dedee Boring(00:01:13) - Well, we've had a family business for 18 years. Um, my husband and I have worked together for that long. It's been a fun time. Um, in 2020 we sold everything we had in Midland and moved to Austin and took our business with us. Um, our children were less than excited about joining in the family business, which was advertising. So we looked for something that we would all enjoy. So, and we decided real estate was where we were gonna be. Um, we pretty much got our butts kicked in 2022. Uh, we had three deals that the interest rates just tanked and multi-family. Um, and so we fought violently for those, but it didn't, it just didn't work out. Um, and so we've decided to pivot to storage and we have partnered with, uh, some really great people, pinnacle storage properties and impacts capital. And we have a storage, we just closed on a storage facility and we're looking to close on a couple more pretty soon. So we have a storage facility in Forney, Texas, which is right outside of Dallas. Um, and it's about 75,000 square feet. Okay. Sam Wilson (00:02:21) - Okay. Very cool. Well, let's hear, let's hear this kind of, um, not transition, but, but how this evolved. So you, in 2020 you said, Hey, we're moving to Austin. Uh, you're leaving the oil fields moving to, I guess, you know, what's, what's Austin now? The tech city I guess, if you will. I don't know what Austin is. Yeah, yeah. There's Dedee Boring(00:02:38) - Austin's Hill country. It's beautiful. And w where we were living is just not very pretty. Right. And, uh, my, all of our kids graduated from high school. Our youngest one was going to school and we said, you know what? We've done our time in Midland, Texas and we're gonna go to someplace pretty and it's very pretty here. So we decided that's what we're gonna do. So while everybody else was un under quarantine, we were moving Sam Wilson (00:03:02) - . Yeah. Well there's a lot of people doing that in quarantine, uh, as well seeking, seeking a greener pasture elsewhere. That's really cool. You decided to get into real estate. What were some of the things that you feel like you did right? And then maybe we can talk a little bit about 2022 in your terms, uh, kicked your butt. So what, what were some, some things you feel like you did well there? Learning and then getting involved in commercial real estate? Dedee Boring(00:03:26) - I think we did well by getting into a mentorship program where we had people, um, encouraging us and teaching us the business. I think, um, we have, we were, we're very good at underwriting properties. We have a template that we've gotten very good at. We, we underwrote the heck out of a lot of properties before we ever put a L o I on anything, just to make sure that we knew what we were doing. So I, I think we evaluated the market as much as we could. Um, and we tried to pick partners. We thought we were, well maybe that's not something we did well, but, um, we, we thought we, we think we have networked. I, I think our, we are as a family are, we are really good at networking and getting out there and not being shy. Um, and just getting our name out. So networking, you know, the, the cliche your net worth is, your network is your net worth. So Yeah, Sam Wilson (00:04:21) - Absolutely. Absolutely. So you guys said, Hey, we're going long there in multi-family and then yeah, 2022 happened. What did that mean to you? Dedee Boring(00:04:30) - Ooh, so we got three off market deals in a row. Um, we picked some partners that we felt were pretty solid. Um, and basically we did an l o I in May and then June interest rates start going up and we had a lender pull out and then we had a whale investor pullout. And so it was just a combination of a whole bunch of things and, you know, we've been fighting, we fought valiantly for it, um, to see if we could do it, but it just, in the long run, it just didn't work out for our investors. So we pulled, um, it was better for us to lose that money, which was a lot to lose that money and, um, as painful as it was and learn those lessons. Um, and you know, the lessons learned were make sure you really know your partners. Dedee Boring(00:05:17) - I mean you're, this is a marriage for five years and make sure that they're gonna, if things go bad, that they're gonna stay. Um, cuz we learned that that's not always the case. So yeah, 2022 happened and then, you know, we had thought about being in storage for a long time and just didn't, hadn't taken that plunge. And I believe it was a god thing. I got a great email sent of a property sent to me and uh, you know, and multi-family, a 14 million project is not a big project, but in storage, that's a really big project. Um, so, um, you know, I didn't really, because multi-family was the only thing I really knew. I didn't get surprised by the price. And so I've had this whole team built up and um, we went after it and it was a, you know, owner financing great leverage, great interest rate. So it was kind of a dream that's, it was great. Sam Wilson (00:06:09) - . That's awesome. And that, was that a deal that you uncovered? Dedee Boring(00:06:13) - Yeah, um, just through my network. So again, network, network, always stay in front of people, always. You know, it's everybody's busy. So it's not even a personal thing If an, if a broker doesn't remember who you are or remember to send you that off market deal, it's top of mind and just, I think a lot of people find that it's personal and they haven't felt that connection and they probably have, it's just a matter of the, you know, the squeaky wheel thing, just always keeping in front of people. Yeah. And making sure you're heard. Sam Wilson (00:06:43) - Absolutely. It's funny, uh, you know, not funny cause there's nothing funny about this, uh, your experience there of losing your earnest money. I mean, uh, it's not a, it's not one that, um, is uncommon unfortunately, but I think there's, there's, there's some things there, some things there to learn. And I've always said that the last 10 years have really covered up a lot of potential mismatches in partnerships. They've covered up a lot of, I mean, gosh, the last decade almost, not exclusively, but you could throw a dart at a board, pick a multifamily property and you probably would've made money. And I've said, it's covered up a lot of those kind of mistakes and or things that, that could be mistakes. And I said, I keep saying this, I think that the tougher the times get, the more we're gonna see those kind of cracks in the foundation and or poorly formed general partnerships, all of those things. Sam Wilson (00:07:34) - What are, what are some, and, and we, and I say this to our investors and uh, you know, to everybody else, which is the, the, the, the thing you should be evaluating is the team, like the oh yeah, the deal is the bottom, maybe 10% of the whole, the whole shoot and match it's team market. Then the deal and the deal is only 10% maybe of that equation. So tell me, when it comes to the team, you learned some lessons the hard way the first time on the team. What did you d do differently when you started picking your storage partners? Dedee Boring(00:08:02) - So I keep saying network, network, network. I had a fabulous conversation about minions, um, with a man at a networking event for a very long time. Um, and the only thing I heard besides minions was that he was in storage, uh, that he had invested passively in storage. He wasn't even a, an active investor. Um, so when we got the deal, uh, obviously the per the seller who was also the bank on that deal wanted to know that the team that is coming in to take this deal over had experience and we did not have that. So I reached out to my network and I remembered that conversation of sitting there going, why am I here listening to this conversation? And um, and here we are and man, that guy, he's, he hooked me up. So he, we had built some trust and he felt like I was somebody he wanted to pass on to his network. Dedee Boring(00:08:53) - And he connected me with the, the guys at Pinnacle Storage Properties, um, through a series of meetings and, you know, the evaluating the property and, and we have decided that that's something that we wanna continue doing after this project. Uh, but we've worked on it to the point where we've had meetings where we come in and say, okay, this went well, this didn't go well, how could we do better in the future? And just that willingness to be able to do that and to want to do that is something that we haven't necessarily had in previous relationships. So, um, we, that was very important to us this time around that we do that. Um, I did have a really great mentor that I, her name is Kim Winland with Quatro Capital. I don't know if you've ever met her. Um, and she, well, she, right out of the gate, she's like, network as much as you can get to know all these people, it's a small world in the multi-family space, in the storage space that's even smaller. Dedee Boring(00:09:53) - Just get to know all these people. You'll figure it out who's gonna, who you wanna do business with and who you don't. And she couldn't have been more. Right. Couldn't have been. I mean, so yeah, so now I'm just trying to help others, um, with their women's group, , trying to help others understand that network. I got it. Uh, Kim Winland paid it forward for me by mentoring one-on-one for free. She didn't have to do that. Um, and so I started a networking group here in Austin. It was supposed to be women in multi-family Austin. Um, but then in the reason it was I started going to these different, um, events and noticing that maybe there would be one woman on a panel and maybe one speaker, but for the most part it was 90% men, 10% women. And then looking out in the crowd thinking where did they just not come today or where, where are girls at? Dedee Boring(00:10:48) - Um, and so I just thought, well maybe I know that there's some really great women out there. Let's start this little networking group and see what we get. Um, I had never met a female broker here I had, so, and I don't know that there is one like a Marcus Millichap, j Lll woman broker here in Austin. Um, so I looked at a property in Houston and there was this beautiful woman that's a broker there who's a unicorn cuz you know how many women brokers are. So she was kind enough to say that they would love to host a win in Houston. And then from there it just grew. So it, and now we're in Dallas, San Antonio, Houston, Austin, Denver, and we start Seattle and Raleigh next month. Sam Wilson (00:11:29) - Whoa. Whoa. That's, that's a really cool story I think for anybody looking to start a meetup group. I mean, there, there, there had, and, and you, you know, your family business of marketing and advertising and cert certain has played a role in helping you get that launched. But I mean, that's gotta be intimidating, especially coming off the heels of, you know, getting your teeth kicked in in 2022. Like it was, was there any kind of self-doubt that was like, who am I to start this? And then if so, how did you overcome it? Dedee Boring(00:12:00) - So I think women have a, they struggle, especially more than possibly men do with imposter syndrome, so Of course. Um, yeah, and I, I think that, I mean, I heard something somewhere that men need to only qualify for like 60% of a job and they'll apply for it where women want a hundred percent of the qualifications before they'll apply for it. Um, so of there is, I've never gone into this network where I was the guru or the the person that knows it all. I have always gone into it as, hey, we're here together, let's skip people that know more than we do to come in and speak and learn altogether. Yeah. And through that we're building a foundation of trust, which is what our five core values are. Our trust, identity, belonging, purpose, and thin competency. So instead of coming in and saying, I have all these storage units and I do this, and then you should trust me because I have that, which I do feel like some networks do, they, you know, they build it on their competency, which is great, uh, for them. Dedee Boring(00:12:57) - But we're, we're gonna go with help trust, uh, and build this group of women that we can all trust to collaborate with and network with. And, and because we just know that together we can do more. That's our slogan. Um, and and that's really, women love to do work together and build teams and that's just kinda how we are. So it's exactly what's happened. Um, what was a surprise from this group is after going to these towns, um, Austin's very savvy investors. Uh, they're lots of short-term rentals, lots of, um, single family flips. Austin is a group of women that really have been investing for a long time. So, but I would, as I ventured out even to Dallas and to Houston, um, I realized that there's a lot of women that don't know that how to invest or they've been, they've had generational limitations put on them. Dedee Boring(00:13:45) - Um, generational limitations being that, and you're from the south, um, that the man is the head of the household, that they control the money that, um, you know, and so I've heard story after story of women who have gotten divorced and they had nothing, no credit in their name, no, didn't, don't have a bank account. And they're starting from scratch. And so they've made a big first step of getting to the door and coming into the room to hang out with other investors and learn. But, um, that's been a, a side bonus to win is that component of empowering women to even remotely think about real estate investing. Sam Wilson (00:14:22) - That's really cool. I I love that. What were some actionable steps you took to get that launched? I mean, it's one thing to dream that up. I mean, it sound like you put a lot of thought into it, everything from your core values to what your slogan is, but I mean, finding that investor, not investor, let me rephrase that. Finding that particular avatar of person that would be a great candidate for your groups. How do you do that? Dedee Boring(00:14:50) - Well, I, I mean basically I, okay, so I used to work in children's ministry for nine years. Okay. And so, um, I used a lot of my skills from that and what I learned from there. Uh, so basically if I came up to you and I said, I need you to hang out with sixth grade boys for and teach them Jesus, teach 'em Sunday school, you would probably go , I don't think I can do that. Right? But if I said, I want you to, I feel that you're well abled and equipped to do that and I would love for you to join us and, and just see if you like it, just see if this is something you wanna do, then all of a sudden that's a lot easier, right? That's a lot easier for you to even remotely think about that possibility. So we really, we don't need these people to come to our group. We want them to, we want them to join us, we want to help them move forward. We want to grow them. So if it's, it's less of a plea of please come to my meeting, I'm more of, we really want you to come, we really want you to belong here. Sam Wilson (00:15:47) - Right, right. No, and that makes a lot of sense. But I guess even even finding those people that aren't already part of your natural network, uh, it would seem like it's not a, not a heavy lift, but, and I'm sure it, it gets to a point where it snowballs and it's much easier where people are telling people and okay, now the groups are growing more organically, but in the beginning there has to be some sort of critical mass, I would imagine. Yeah. Hey, there's five of us. There's 10 of us that are gonna get together on a regular cadence and bring somebody in that we can learn from. Was that the way it worked or did you go about it differently? Dedee Boring(00:16:18) - Absolutely. Yeah, absolutely. So we had a group of ladies in Austin that were our, I call 'em our OGs. And they, um, basically I said to them, no pressure. I would love for you to be a part of a board, a wink board to help get this started. Um, and we sat one day on one Saturday in January, we sat in my living room and we talked about all the possibilities, everything from an education program to conferences, what did we see? What was the big picture? I tend to be a small picture thinker, like my husband's a big picture thinker and we, that's how we work so well, is that I think about the next step where he thinks about this giants and, um, I have a lot of big picture thinkers as most real estate investors I feel like are, um, big picture thinkers. Dedee Boring(00:17:03) - So they, you know, they want more, they, all of us have been in different networks and paid for mentorship programs. All of, we've all gained knowledge from them, not to bash anybody. Um, but we also have seen where maybe things could be different or better. Yeah. Um, or, or how would we like to see it? Um, so we have a lot of great ideas. We just got off of a, another planning session. Um, but, uh, I mean Raleigh is because of a network that I, my mentorship program that I bought into, I had met two ladies through that, that network. Um, and Seattle's the same. So basically it's leveraging other people's network is how we're growing, right? So some people are in a network that's based out of Dallas and I'm in one that's based out of Florida. So, um, I have our, my network and core people are, is just this much. And then there's all these people that have the Dallas net network, they can go through theirs. And, um, so basically leveraging everybody's network in that board that we have is how we're, how that's working. Got Sam Wilson (00:18:03) - It. No, that make, that's really cool. I love that. And those are, those are, um, I'm probably more your big picture. I often wonder like the details, like how did somebody, and thanks for sharing that because I wonder that like how do you get from not critical mass to now, you know, opening up multiple chapters in multiple cities. And that was really super helpful there. We've got just a few minutes left here and I want to kind of circle back to our conversation on self-storage. This was a, this was something I thought of and and didn't get a chance to ask you. It's one, it's one thing to bet a sponsor, right? And to figure out, think there's enough sponsor checklist, how to beta sponsor checklist, things like that, which are very, very helpful. Um, but it's another thing for a sponsor to vet you. When that sponsor comes to you and you say, cuz and I, and I'm at, at this juncture now where, you know, people are coming to me saying, Hey, we'd love to capital raise for your next fund. Here's how this works. And I've not, I've always been that partner that's partnered with the sponsor and now I'm doing it in reverse. I'm curious, what were some of the things that the sponsor did to get to know you and make sure that you were a good fit for what it was that they were doing? Dedee Boring(00:19:11) - These guys, um, pinnacle, I don't know how to describe them more than they're just some good old Texas boys and they're salt of the earth people. Um, so for them it was just being very transparent and honest. So I, I think if I had come in and said, we're we're the best and we want a huge part of the deal and, you know, and I couldn't really back that up with my storage experience, could I, um, so being able to be very transparent on our process, um, and what we're trying to gain from it. And uh, and all the way through, uh, you know, we've have, we had some issues and hiccups of, of course, so, um, I'm the person that really talks back and forth with all of the partners in the deals. So, um, you know, two of 'em are kind of, um, real abrupt in how they communicate and one is very passive and likes to kind of dance around the subject before. Dedee Boring(00:20:06) - And so I'm the mediator that manages those communications. Um, and that, I think that's probably one of my skillsets for, for that. Um, but really it was a matter of can you handle that? Can you handle their personality and could they, cuz they could handle mine cuz I'm fairly easygoing, but could they handle, could we work with them? Do I know what it takes to get along with them and do they know what it takes to get along with me? And so it doesn't take much try to feel like I'm pretty easygoing, but I I think that there's a lot of people that are harder to get along with and these guys have a system and we respected that and we did not try to, um, probably get more than we should have gotten out of the gate, uh, because we didn't, we're learning from them. So I, we respect their authority in the space and I think that's really important to really respect that authority in the space. Sam Wilson (00:20:56) - Yeah, that's, uh, that's, that's a great, uh, absolutely great point. Deedee, this has been a lot of fun. Thank you for taking the time to come on the show today. Certainly learned a lot from you. Thank you for also taking the time just to share your kind of battle scars if you will here No problem. From launching into the commercial real estate space. It's not for the faint of heart and clearly you are not faint of heart cuz you're still doing it and uh, still doing it. Still doing it. You forged your own path. You've given us great ideas on how to start a networking and meetup group. Kind of some of the things it takes to get that you give, give us kind of real, real practical steps on how to get those, uh, started and launched as well. So again, thank you for coming on the show today. I do appreciate it If our listeners wanna get in touch with you. Yeah, absolutely. If our listeners wanna get in touch with you and learn more about you, what is the best way to do that? Dedee Boring(00:21:40) - Well, you can go to boring and co.com. Um, our last name really is boring. Um, and you can schedule a meeting with me anytime. So I don't know if I have any of my information up on the screen or with you, but boring and co.com has all of that Sam Wilson (00:21:55) - Boring and co.com. We'll make sure to put that right there in the show notes. Deedee, thank you again for coming on. I do appreciate it. Dedee Boring(00:22:01) - All right, thanks so much. Speaker 3 (00:22:03) - Hey, thanks for listening to the How to Scale Commercial Real Estate podcast. If you can, do me a favor and subscribe and leave us a review on Apple Podcast, Spotify, Google Podcast, whatever platform it is you use to listen. If you can do that for us, that would be a fantastic help to the show. It helps us both attract new listeners as well as rank higher on those directories. So appreciate you listening. Thanks so much and hope to catch you on the next episode.
Welcome to the Think Multifamily Podcast! Today, Mark Kenney, CEO of Think Multifamily - will be discussing capital calls, member loans and recapitalization of Multifamily Syndications. For investors who might be asked or specifically looking to infuse capital in today's challenging financial environment, today's show will provide valuable content regarding the ins & outs of infusing fresh capital into a property, as well as the differences between capital calls, loans, and what a full recapitalization could mean to the LP investors in a deal. Tune in to hear some insightful strategies and lessons learned from over 25 years of investing experience, that could help you navigate today's real estate market. Let's get started!
Learn Real Estate Investing | Lifestyles Unlimited
Del Walmsley invites Cliff and Kathy to share their impressive story; from attending the 2-Day Financial Freedom Seminar to purchasing their first Multifamily property with a 168% return, and now owning over 788 units! Kathy is especially grateful for the freedom they now have to be with their son during his health crisis, all thanks to the guidance and support of the Lifestyles Unlimited community. Click to Listen Now
Threefold Real Estate Investing
I am so excited to welcome, our current sponsor, Rob Calabrese of Prominent Title Agency to the podcast! Rob is the Division Director for Prominent Title Agency's Commercial Real Estate Division. Being a Licensed Attorney and Title Agent in Ohio and Kentucky, Rob has a strong knowledge of the complex world of Commercial Real Estate and a wealth of experience in Multi-Family, Industrial, and Retail transactions. He is versed in entity transfers and LLC formation as well as seller financing. He has represented buyers, sellers and lenders, so he knows the deals from all angles. Today, Rob gives us an inside look into entity transfers and the complicated (but possible!) process of performing a 1031 in a syndication. Most importantly, we discuss the importance of having a title agency on your team to guide, assist, and protect your company in all your real estate transactions. This is not an episode to miss! Join me! Connect with Rob: Website: www.prominenttitleagency.com LinkedIn: https://www.linkedin.com/in/robert-a-calabrese-esq-8867464/ Rob's Prayer Request: Family traveling, and his 94 year-old grandmother. Thank you to our sponsor for this episode: Prominent Title: https://www.prominenttitleagency.com/ Contact Rob at: email@example.com Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: firstname.lastname@example.org, Facebook: Threefold Real Estate Investing | Facebook, LinkedIn: Lee Yoder | LinkedIn, NEW!!! YouTube Channel: https://www.youtube.com/channel/UCGM93x6ZEDa4n9yH7UP97iA Check out our Free E-book! https://threefoldrei.ac-page.com/5-steps-to-passive-income-for-the-full-time-dad
Join us for this week's episode where we explore the substantial earning differences between multifamily and single-family properties. We'll also cover the concept of genuine wealth and money, plus leveraging your connections to secure private funding to build a long-lasting legacy of wealth. Stay tuned! Topics on Today's Episode The difference between being rich and being truly wealthy How to break free from the constraints of money What is the 6-and-6 method, and it works? Why having a well-defined business avatar is crucial 2 effective resources for building connections and raising private capital Resource/Link mentioned Edward Jones Are you ready to experience the cash flow life? Just text “BOOK” to (480) 500-1127 to get a FREE copy of Corey's book, Copy Your Way to Success, and learn how apartment investing can change your life today! Don't forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard, please leave a review on iTunes.
Join us on this episode of our podcast as Shawn interviews Mike Kaeding, a multifamily apartment developer who has taken vertical integration to the next level. Mike and his company not only own and manage their properties with their own property management company, but they've even designed and developed their own manufacturing facilities for building materials. This unique approach has allowed Mike and his team to reduce the cost of constructing new rental housing by an astonishing level. Mike's goal is to continue building systems to reduce costs so his team can provide affordable housing across the county. In this episode, we dive deep into Mike's innovative approach, discussing the benefits and challenges of vertical integration in multifamily development. Mike shares his experiences and insights, explaining how his company has been able to save costs and improve efficiency by integrating different aspects of the development process. Whether you are a seasoned developer or simply interested in affordable housing, this episode offers valuable information and inspiration. Tune in to learn from Mike's expertise and explore the potential of vertical integration in the multifamily development industry.
Underwriting in multifamily properties requires significant hours and dedication. So, in this episode, we provide fast and essential calculations to streamline the process of your profit stability evaluations. Learn about these methods and make informed investment decisions by tuning in today. WHAT YOU'LL LEARN FROM THIS EPISODE The importance of underwriting in assessing deals as a property investor Why it's crucial to calculate the cap and stabilized rate on your property, and how to do it? An alternative formula to calculate your stabilized rate RESOURCE/LINK MENTIONED CoStar CONNECT WITH US Email: email@example.com Instagram: Shawn Winslow YouTube: Shawn Winslow LinkedIn: Shawn Winslow Facebook: Shawn Winslow
In the past few months, we have published a couple of robust overviews of DSCR loans, a popular loan product that has entered the scene over the past few years. DSCR loans enable investors to qualify for a mortgage loan on an investment property without consideration for personal income or “DTI” ratios—making these loans a top option for investors scaling portfolios, especially for single-family rental properties. Qualifying for the best rates and terms for DSCR loans is primarily driven by three factors: leverage, property cash flow, and credit. After that, investors can use advanced strategies such as optimally structuring loan terms such as prepayment penalties, adjustable rate options, and borrowing entities to tailor DSCR loans to their specific investing needs. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, we are joined by a former construction worker turned BIGSHOT real estate investor...Jennings. He is here to teach you how to 2x your returns with multi-family deals. His strategy is designed to provide guidance and strategies for people interested in purchasing their first multi-family property. This guide is intended to help beginners navigate the complexities of the process by providing information on topics such as financing, finding the right property, analyzing potential investments, managing the property, and so much more. To get started building your own real estate empire, check out the Land Sharks Program now.----------Show notes:(0:53) Beginning of today's episode(2:48) There's no depreciation in land(10:26) You don't need money to become wealthy in real estate(16:52) Get comfortable with rejection. You also need to know how to say "no."(18:16) Master the skills to make money with other people's money(19:14) Money is everywhere. It's up to you how to find them(20:28) Be bold when it comes to showing your opportunities----------Resources:Jennings Smith's website Follow Jennings on Instagram hereTo speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the TribeGo to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space. Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.It's 100% free to join. The opportunities in this community are endless, what are you waiting for?
With concerns over the debt ceiling, credit tightening, and bank deposit runs, problems in commercial real estate may be the least of investors' worries. In this week's episode of The TreppWire Podcast, we examine regional bank concerns and some promising fresh inflation data. In CRE, we talk good news for suburban retail, retail extensions, and more sublease stories. We also break down quoted versus effective rent. Tune in now. Episode Notes: • Economic news (0:23) • Earnings (9:43) • Good news for suburban retail? (13:35) • Retail extensions (18:00) • Trading Alerts (21:23) • Negative office news: subleases (26:01) • Quoted vs. effective rent (32:51) • Office green shoot and crabgrass story (38:49) • Multifamily story (41:06) • Shoutouts (43:55) Questions or comments? Contact us at firstname.lastname@example.org. Follow Trepp: Twitter: www.twitter.com/TreppWire LinkedIn: www.linkedin.com/company/trepp-llc Facebook: www.facebook.com/TreppLLC
The Action Academy | Millionaire Mentorship for Your Life & Business
Daniel Casey is an impact-focused real-estate developer, the president and CEO of North40 Capital LLC, and BlackRock Construction Group LLC.Are you wanting to: Make More Money Grow Generational Wealth Replace your 9-5 Salary with passive cash flow within 6-12 months? If so - Click the Link below and let's chat for 15 minutes. I'll coach you for free:Apply For The Action Academy CommunityFor Frameworks, Freedom Tips, and Millionaire Financial Breakdowns:Join Our Weekly Newsletter Twitter @theactionpodIG @brianluebbenTiktok @brianluebben
Global Investors: Foreign Investing In US Real Estate with Charles Carillo
Joel Fine is a full-time real estate investor and land developer based in Austin, Texas. A general partner in 1,200 doors and a limited partner in over 15,000 doors. Joel is also the principal in a ground-up development project spanning 157 acres in the greater Austin area. Learn More About Joel Here: Lakeline Properties - https://lakelineproperties.com/ Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/
In this 2nd part of our interview with Fernando Angelucci, we get down to some numbers and examples of Fernando's Self Storage deals. He also shares his investment strategy and how he was able to focus on scaling his $220M Self Storage Portfolio. Fernando shares so much of his knowledge of Self Storage Investing, often doing side by side comparisons with Commercial Multifamily Investing and why he prefers Self Storage over Multifamily. He shares an epic Failing Forward that taught him a valuable lesson about being hyper focused and again, the importance of due diligence and site visits. Fernando often quotes from his favorite books and how those books have helped him become the success that he is today. In the OT, he talks about how much giving back to the community means to him, volunteering at the Chicago Food Pantry where he and some other teams were able to package 116,000 lunches for distribution to the less fortunate. So much more was shared in this episode that makes it one of our most informative episodes yet. Here it is: REIA Radio's Episode 87 Part 2. Check it out!You can Join the Omaha REIA at https://omahareia.com/ Omaha REIA on facebook https://www.facebook.com/groups/OmahaREIA Check out the National REIA https://nationalreia.org/ Find Ted Kaasch at www.tedkaasch.com Owen Dashner on Facebook https://www.facebook.com/owen.dashner Instagram https://www.instagram.com/odawg2424/ Red Ladder Property Solutions www.sellmyhouseinomahafast.com Liquid Lending Solutions www.liquidlendingsolutions.com Owen's Blogs www.otowninvestor.com www.reiquicktips.com Fernando Angelucci on IG https://www.instagram.com/thestoragestud/ On FB https://www.facebook.com/TheStorageStud/ On LinkedIn https://www.linkedin.com/in/thestoragestud/ Fernando's Episode on How To Lose Money https://podcasts.apple.com/us/podcast/164-how-to-lose-money-by-buying-apartments-in-the/id1170805348?i=1000441042888 If you like the content on Omaha REIA Radio, Be sure to give us a review on your favorite podcast platform to help others find us and leverage the knowledge and experience our hosts and guests have to offer. We greatly appreciate you for tuning in and see you in the next episode!!
The Multifamily Innovation® Show
In this episode of The Multifamily Innovation® Podcast, host, Patrick Antrim, CEO of Multifamily Leadership, takes a deep dive into the Year-on-Year (YOY) trends among the Best Places to Work Multifamily®, and the key differentiators that set these companies apart.What you'll learn in this episode:The increasing emphasis on Inclusion among the Best Places to Work Multifamily®, including a rise in seminars, workshops, and Inclusion Task Forces.The growth in Professional Development opportunities, with more companies reimbursing employees for certifications, business education, workshops, and tuition.The emerging trend of special services or accommodations for military families.The decline in companies providing workplace facilities for exercise and fitness, and the slight drop in remote working among Best Places to Work Multifamily® employees.A marginal dip in employee evaluations of their employers' performance, with specific concerns around benefits packages, timely communication, and staffing levels.Key differentiators of the Best Places to Work Multifamily®:Superior benefits programs, including retirement planning, life insurance coverage, disability benefits, and tuition reimbursement.A higher level of trust between employees and leadership, with leaders demonstrating genuine care for their employees' well-being.A safer environment for employees to express their honest opinions without fear of negative repercussions.Greater likelihood of offering paid time off for community service, reimbursement for certifications, business education, and tuition.About the Multifamily Innovation® Summit:Find out more about the Multifamily Innovation® Summit taking place in December, where the winners of the Best Places to Work Multifamily® program will be celebrated. Visit MultifamilyInnovation.com/awards for more details on the Best Places to Work Multifamily® Program.Visit MultifamilyLeadership.com to see all events, news, and insights in multifamily.Enjoy the show, and don't forget to subscribe to stay updated on the latest trends and insights in the multifamily apartment industry.
Join Mike Cavaggioni with Jonathan New on the 188th episode of the Average Joe Finances Podcast. Jonathan shares about accomplishing big goals through teamwork, scaling up from single-family to $100m+ AUM of multi-family, and life balance/stress management.In this episode, you'll learn:Finding your work-life balance while investing in multi-familyTechnicalities of Property management, in-house and outHow to determine the perfect roles for each team memberHow to find the right deal for your businessAnd so much more!About Jonathan New:Jonathan, originally from Anniston, AL, graduated from Auburn University in 2004 with a degree in Psychology and received his commission as an Ensign in the US Navy. During his 17 years of Naval service, he also earned his Master of Science in Defense Analysis from the Naval Postgraduate School in Monterey, CA.During his Navy career, he has had the privilege to lead a department of 226 Sailors while managing an annual budget of $6.5M. In 2007, Jonathan bought his first house while stationed in Jacksonville, FL. He rented this house while stationed in Japan, Hawaii, San Diego, Monterey, Rhode Island, Washington DC, and Virginia.20.06M of investor capital to actively acquire real estate in the Hampton Roads, VA area, accomplishing 13 single family flips, developing 21 single family rentals, closing seven multi-family syndications of 396 units total, including a 104-unit acquisition with Phil Capron, and overseeing $8.43M in renovations in both residential and commercial real estate. As of March 2022, Jonathan's total portfolio accounts for $61.8M AUM.Jonathan is a two-time guest on Anthony Pinto's “The Lessons in Real Estate Show,” Active Duty Passive Income's podcast, a founding member of Alex Breshear's Private Lending Lessons Group, a frequent presenter in ThInk's local investor meetups, and is a mentor to several budding entrepreneurs estate, he has added 8 commercial cash-flowing properties to his portfolio. Find Jonathan on:Website: www.fwcinvestments.comFacebook: https://www.facebook.com/FWCInvestments/Instagram: https://www.instagram.com/fwcinvestments/Youtube: https://www.youtube.com/channel/UC3HcDQEEuKsS6GsibsinDDALinkedIn:https://www.linkedin.com/company/fair-winds-capital-investments/ https://www.linkedin.com/in/jonathan-new-6800471b5/ Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comREWBCON: Join me at the Real Estate Wealth Builders Conference. Use promo code “Mike” to save 10% on tickets. https://averagejoefinances.com/rewbconImportant Tools and Resources that I UseFinancial Resources: www.averagejoefinances.com/resourcesCRM Tool: www.averagejoefinances.com/crmPay Off Your Mortgage in 5-7 Years:www.theshredmethod.com/averagejoefinanceshttps://bit.ly/replaceyourmortgageFind a REALTOR® in any state: www.averagejoefinances.com/realtorMake Real Estate Investing Easier with DealMachine:www.averagejoefinances.com/dealmachinePodcast Hosting: www.averagejoefinances.com/buzzsproutPodcast Editing Services: www.editpods.com*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesSupport the show
Passive Investing from Left Field
This week on the LFI Spotlight, I was joined by fellow LFI Founder Ryan Stieg. Ryan shared his journey from being in the insurance business to an accidental landlord. Ryan talked about getting involved in Turnkey real estate investing and them migrating to the syndication space eventually. He gave good advice around taking action and networking. Check out the rest of the episode! If you enjoyed the podcast and would like to subscribe to our mailers, please use this link to get on our mailing list: https://leftfieldinvestors.com/subscribe/.To see the full show notes and transcript, click here. Our sponsor, Tribevest provides the easiest way to form, fund, and manage your Investor Tribe with people you know, like, and trust. Tribevest is the Investor Tribe management platform of choice for Jim Pfeifer and the Left Field Investors' Community.Tribevest is a strategic partner and sponsor of Passive Investing from Left Field.
The Wild West Real Estate Show
Tamar Hermes joins us in this episode. Tamar is a full-time investor with over 20 years of experience in active and passive investments, specializing in real estate. She is the founder of Wealth Building Concierge, Inc., and her book, The Millionairess Mentality: A Professional Women's Guide to Growing Wealth through Real Estate, is a 3x Amazon #1 bestseller. As an advocate for women's financial empowerment, Tamar supports successful entrepreneurs and professional women to become free from worries about money by providing them with the resources and information they need to understand how money works. Today, she teaches women wealth strategies and real estate investing, and runs a high-level wealth-building mastermind. Her teachings focus on helping women evaluate having enough and not relying on only one income stream. During the episode, Tamar shared her journey in real estate and how it led her to financial freedom. She also discussed exploring alternative opportunities, specifically in prefab houses. Tamar emphasized the importance of building partnerships and how it helped her in founding Wealth Concierge. Don't miss out on Tamar's insightful journey in real estate and learn how you can achieve financial freedom by tuning in to this episode.
The Multifamily Innovation® Show
In this episode of the Multifamily Innovation® Podcast, host Patrick Antrim delves into the power of stepping outside our comfort zones in order to spark innovation and success within the multifamily industry.Show Notes:Introduction: Patrick emphasizes the importance of taking action outside our comfort zones in order to foster innovation within multifamily organizations.Challenges: Often, individuals may feel reluctant to take risks and try new things within their organizations, especially when their past experiences resulted in failure.Multifamily Innovation® Summit: Patrick highlights the annual event, which brings together individuals making rent more valuable for customers, and showcases the Multifamily Innovation® Awards, including categories such as Best Places to Work and Bootstrapper Award.Multifamily Innovation® Council: A platform for high-level networking among multifamily operators with 1500 or more units, providing a feedback loop and shaping the priorities and interests within the industry.Importance of innovation: Patrick shares a personal story of investing in media and video equipment before the COVID-19 pandemic, which helped his business pivot and stay ahead of the curve during difficult times.Learning from past decisions: Reflecting on decisions that were made by stepping outside comfort zones and recognizing that these actions have the potential to lead to significant growth.Taking action: Encouragement to consider decisions that have been put off due to discomfort, and managing potential worst-case scenarios in order to grow in personal and professional lives.Getting involved: Listeners are encouraged to follow the Multifamily Leadership brand, attend events, and get involved in industry discussions.Closing: Share the episode with friends, subscribe, rate, and review the podcast to help increase its visibility and promote valuable content to other multifamily professionals.Don't miss the next episode of the Multifamily Innovation® Podcast, where Patrick continues to explore innovation and growth in the multifamily industry. Subscribe and follow at multifamilyinnovation.com.
Real Leverage: Real Estate Investing
Welcome back to a very special episode of the podcast: we've rebranded! Formerly known as 'Real Leverage,' we are now the Deals & Dollars podcast, hosted by David Choi, Eric Panecki, and John Libretti. Deals & Dollars is a premier real estate networking community, and this podcast is the official channel where we bring on the best real estate investors and entrepreneurs in the business to talk about how they got started, source their deals, and --most importantly-- get their dollars.On today's inaugural episode, Dave, John, and Eric all talk about Deals & Dollars and how they all met one another. We hear about how David started out at the bottom of his high school class, how Eric accidentally got cold called by Dave, and how nervous John was the first time he had to hop on a call with Eric.Join the Deals & Dollars community today. If you're interested in becoming a guest on the show or receiving exclusive invites to our networking events, visit our official website.Official WebsiteInstagramYoutube
The Commercial Real Estate Investor Podcast
Unless you've been living under a rock for the last 10 years, multifamily properties are often seen as the top choice for investors looking for steady cash flow and appreciation. However, finding deals that check those boxes can be a challenge, especially when you're in a competitive market like we are today. If you're getting tired of grinding to find multifamily deals, it may be time to consider investing in other types of commercial real estate.www.tylercauble.com/podcast/episode136
Learn Real Estate Investing | Lifestyles Unlimited
Del Walmsley engages in a riveting discussion with Robert, a seasoned Lead Investor™ with 30 years of experience in property management, who has invested in over 1,500 Multifamily units since joining Lifestyles Unlimited! Robert shares valuable insights on staffing, optimization of profits, and the incredible rewards of empowering others within the industry. Click to Listen Now
Bulletproof Cashflow: Multifamily & Apartment Investing for Financial Freedom
Shannon Robnett is a real estate developer with a principal focus on multifamily and industrial real estate in Idaho. He is a second-generation builder and fourth-generation realtor. He has lived in Idaho for 40 years and has spent 27 years as a developer and builder in that market. His projects include multifamily, fire stations, schools, hospitals, police stations, and more, with $400M in personal transactions to date. Join our conversation with Shannon as he sheds light on ground-up multifamily construction and the success he has reached in this segment of the real estate industry. Shannon shares: · The Benefits of investing in stabilized multi-family real estate · How to generate passive income through alternative asset classes · The importance of staying competitive in the real estate market · Understanding demographics and investing in areas with strong demand and growth potential Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you! Thank you in advance!
Make It Rain: Multifamily Real Estate Investing for Millennials
On this episode, your hosts Daisy and Luc share the evolution of the podcast the past three years, their favorite episodes, and what's next on the show. Producing a show for three years and releasing a podcast every single week takes a lot of consistency and tenacity. Celebrate this achievement with them by leaving them an honest review on your favorite platform!Welcome to Make It Rain: Multifamily Real Estate Investing for Millennials! We're Daisy and Luc, two millennials who love multifamily investing. With every episode, whether we're discussing a special topic or have on an amazing guest, the goal is to provide education and resources for anyone interested in investing in multifamily real estate, especially if you're a millennial. We're excited to chat with you about the what's, the why's, the how's, the who's. The best way to show support is to share it with anyone who might benefit from it and leave us an awesome review. Check out our website at makeitraincapital.com for more goodies. Take action on your financial future TODAY! For more info, check us out at makeitraincapital.com.
Rental Property Owner & Real Estate Investor Podcast
My guest today got his start in real estate as a broker for Marcus & Millichap in Raleigh, North Carolina before starting his own real estate firm with his twin brother. Will Matheson went from zero to $100 million in assets under management in just four years, and he's done it through multifamily and student housing investments. Today we'll take a closer look at student housing, get insight into working with family offices and institutional funds, and learn how Matheson Capital plans to achieve their goal of $1 billion in real estate by 2027. Find out more: https://www.mathcap.com/ www.linkedin.com/in/wlmatheson/ Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com
Every investment involves risk. Multifamily real estate is no exception. But what if there was a way to reduce the amount of risk you were exposed to? Today's guest is Marcus Arredondo. He has acquired and managed over 2,000 doors, and he's here to talk about the top 6 risks in multifamily and how he navigates them. So if you want to learn how ELITE multifamily investors reduce their risk exposure, click play! Marcus Arredondo is an experienced investor, entrepreneur, multifamily syndicator and corporate tenant representative. As the founder and managing partner of Edge West Capital, a private real estate investment firm, he has acquired and managed over 2,000 doors spanning a total of 6 states, including Alabama, Florida, Georgia, Louisiana, North Carolina, and Texas. Marcus also serves as Corporate Managing Director at Savills, Inc., specializing in representing companies' interests in international and domestic strategies and transactions. Marcus has completed in excess of 200 transactions, totaling over 6.0 million square feet and valued at over $550 million on behalf of Wells Fargo, Harman, Tesla, and SiriusXM, among others. Marcus is a graduate of Cornell University and outside of Edge West Capital has invested in a variety of alternative asset classes and early stage enterprises, both international and domestic, including consumer products, digital compression, agriculture, machine learning, digital sales, among others. In this episode, Marcus discusses risks involving:
Join Nico Salgado as he sits down with real estate investor Caleb Johnson in this episode of Small Axe Podcast! Caleb shares his journey into the world of real estate investing, starting at a young age and building his way up to owning 50+ unit apartment buildings. He provides valuable insights into finding and underwriting multifamily property deals, as well as the challenges of raising equity and putting money on the line. Listen in as he shares his strategies for sourcing deals and expanding his business across multiple states. Here's a breakdown of what to expect in this episode: Caleb's experience in finding and underwriting his first multifamily property deal The importance of hard work and persistence in succeeding in the real estate business Understanding the challenges of a market before entering it Caleb's approach to sourcing deals through Propstream and direct outreach The use of Active Campaign and Instagram ads for marketing and lead generation And so much more! About Caleb Johnson: Caleb Johnson is a real estate investor based in Phoenix, Arizona. He started investing when he was 19 years old, and he owns Red Sea Capital, which operates in Arizona, New Mexico, Oklahoma, and is expanding to Texas. He focuses on 50+ unit apartment buildings, which he says are easier to manage due to economies of scale. Caleb emphasizes the importance of hard work and persistence in succeeding in the real estate business, and he advises that one should understand the challenges of a market before entering it. He currently works in asset management and engages in capital raising, but he has delegated the latter to others who specialize in it. Check Caleb Johnson on... Website: https://redseacapitalgroup.com/ Email: email@example.com LinkedIn: https://www.linkedin.com/in/caleb-johnson-7b7300205/ Podcast: https://podcasts.apple.com/us/podcast/from-trial-to-triumph/id1640592078 Connect with Nico Salgado! Website: www.smallaxecommunities.com Facebook: https://www.facebook.com/nicosalgado456, Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543 LinkedIn: https://www.linkedin.com/in/nicosalgado456/ Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD YouTube: https://www.youtube.com/@nicosalgado1753 Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Real Estate Investor Growth Network Podcast
19-Year-Old Buying Investment Properties From his first two investment properties at the age of 19 and driving his moped on a 90-second HGTV feature, it's safe to say Drew Breneman has come a long way! Listen in as Jen and Drew geek out over some multi-family investing nuggets, mainly why focusing on newer, better-quality properties is a much more innovative way to grow an investment business! A natural-born entrepreneur, Drew started his first business at 14. He then launched a highly-successful internet business while in high school. His ambition for finding the best investment vehicle for his earnings from his internet business is what led him to real estate, purchasing his first two rental properties at 19 years old. His drive attracted the attention of HGTV, where Drew was featured as an up-and-coming real estate investor. He wanted to share what he had learned and aspired to provide direct real estate ownership opportunities to others. Drew earned his BBA in Real Estate & Urban Land Economics from the University of Wisconsin-Madison's Wisconsin School of Business — one of the top real estate programs in the nation. Upon graduation, he worked for three national real estate development firms, each of which focused on different product types, affording him a broad knowledge base for the office, retail, market-rate multifamily, and affordable multifamily sectors. In 2005, he founded Breneman Capital (formerly Rise Invest) and co-founded The Blackhawk Investment Group in 2008, and Dwelle, a Chicago focused real estate investment and property management group, in 2019. Drew has honed an ability to foresee trends and identify favorable opportunities, resulting in asymmetric returns relative to risk. This foresight is precisely why Breneman Capital has tailored its investment approach to be specific to multifamily. The multifamily sector may be the most competitive of the entire real estate asset class, necessitating advancements in information, technology, and as an organization as a whole. As such, Drew has invested significantly in his team and the resources at their disposal in order to challenge the status quo of traditional real estate investment management. His work ethic and love of learning comes from his parents, who were both public school teachers. They instilled the desire to challenge himself, overcome obstacles, and grow from the process. Today, he watches his son William grow, laugh, and learn. Parenting has given him a new perspective for building wealth that can be passed down generationally. Creating a strong financial future is something he does well for his investors because he can see the value of building a strong foundation and future for his own family. https://www.breneman.com/ https://linktr.ee/drewbreneman To learn more about Jen Josey, visit www.TheRealJenJosey.com To join REIGN, visit www.REIGNmastermind.com To join HomeSchooled by Tarek, visit https://go.homeschooled.co/schedule-strategy-session?el=jenjosey
In this episode, we discuss how Measure 26-238 would introduce a 0.75% capital gains tax in Multnomah County and how it could affect the multifamily industry. HFO's podcasts are sponsored by J.R. Johnson, specialists in restoration and emergency repair work for multifamily properties, and Gantry Inc, the country's largest independent mortgage banking firm focused exclusively on commercial real estate.
Passive Wealth Strategies for Busy Professionals
Taylor welcomes Neal Bawa back to dive into the state of the economy, inflation, interest rates, and how the banking crisis is affecting real estate now and in the future. Neal believes that the banking crisis will have extraordinary repercussions for the world and that it has acted as a catalyst for everyone to shine a floodlight on what else in the economy could go wrong. However, he notes that multifamily has the lowest exposure to mid-size banks of all real estate asset classes, making it less vulnerable to this crisis. One key takeaway from this conversation is that data insights are vital to figuring out what's next in hacking real estate. [00:01 - 12:06] Opening Segment Introducing Neal to the show The state of the economy, inflation, interest rates, and the banking crisis' impact on real estate Government organizations primarily fund multifamily loans Interest rates may decline, but fewer lenders in the market could offset any benefits Property quality will determine the impact of interest rate changes and lender pullback [12:06 - 22:50] Significant Discounts and Distress in US Property Markets Brokers are seeing a lot of cash calls in the industry in April Discounts of 18-26% are already available in markets like Phoenix and Atlanta Savvy investors see this as a great time to buy, but 90% of investors are freaked out Inflation is under control due to significant movement in the labor market March saw a moderation and weakening, with major industries pulling back and layoffs happening [22:51 - 26:53] Long-term Inflation and Single-Family Housing Markets Layoffs are happening in various sectors due to CEOs managing a recession Inflation is under control in the short term, but the long-term outlook is concerning The single-family market has performed outstandingly well despite predictions of a decline Debt fixed rates have prevented distress in the single-family market, while the multifamily market struggles with floating debt [26:54 - 30:17] Closing Segment What is one thing we are not discussing that we should be?Long term inflation Connect with Neal through the links below Quote/s: "Nobody anywhere on this planet, including all the federal reserves banks put together, can put the long-term inflation genie back in the bottle." - Neal Bawa Connect with Neal! Website: www.MultifamilyU.com Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/ Track your rental property's finances with Stessa. Go to www.escapingwallstreet.com. Join our Passive Investor Club to access passive commercial real estate investment opportunities. LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.
Hi, friends! Welcome back to another episode! This week we're answering another question we hear a lot and that question is ‘do I need an LLC to invest in real estate?'. While there really isn't a cut and dry answer, we are going to share with you our personal thoughts on the subject, as well as our own experiences.Just a reminder, we are not attorneys and while we love sharing words of wisdom, we always recommend consulting with your attorney to find out what will best suit your specific business and personal legal needs.In this episode we're diving into:What is an LLC and what does it doThings to understand about an LLCProsConsBenefitsTax details First, what is an LLC?An LLC, in its simplest form, is what separates your business liabilities from you personally, for asset protection. This means that a tenant cannot come after you personally, should something go awry at one of your properties. The long and the short of it:If having (or not having) an LLC is what is keeping you up at night, and keeping you from getting started in real estate, STOP! Put it aside and revisit it later because this is where so many people find themselves stuck, and never even get started. That's all we have for you this week but if you have a question you'd like us to chat about on an upcoming episode please feel free to email us! Also, if you haven't done so we would LOVE it if you could leave us a review wherever you listen to your podcasts to help other listeners like you find us! We will catch you in the next episode! Resources:Leave us a review on Apple PodcastsLeave us a review on SpotifyJoin our private Facebook CommunityConnect with us on Instagram
The Real Estate Investing Club
Senate Eskridge and his wife are both serial entrepreneurs; Cari and Senate founded The Idaho Business Summit and Senate is an active multi-family real estate investor. He is also a Student Success Coach for Jake and Gino's Wheelbarrow Profits Academy; a multi-family investing coaching program. Senate has worked within several industries in the Magic Valley area including owning his own financial firm. His vast experience made him a perfect fit for multi-family real estate investing. Currently he owns 513 units across the country (and counting) and has helped nearly 100 people from all walks of life invest in multi-family real estate.. Senate Eskridge is a real estate investor who has a great story to share and words of wisdom to impart for both beginning and veteran investors alike, so grab your pen and paper, buckle up and enjoy the ride. Want to get in contact with Senate Eskridge? Reach out at www.senateeskridge.com.Want to become financially free through commercial real estate? Check out our eBook to learn how to jump start a cash flowing real estate portfolio here https://www.therealestateinvestingclub.com/real-estate-wealth-book Enjoy the show? Subscribe to the channel for all our upcoming real estate investor interviews and episodes. ************************************************************************ GET INVOLVED, CONNECTED & GROW YOUR REAL ESTATE BUSINESS LEARN -- Want to learn the ins and outs of real estate investing? Check out our book at https://www.therealestateinvestingclub.com/real-estate-wealth-book PARTNER -- Want to partner on a deal or connect in person? Email the host Gabe Petersen at firstname.lastname@example.org or reach out on LinkedIn at https://www.linkedin.com/in/gabe-petersen/ WATCH -- Want to watch our YouTube channel? Click here: https://bit.ly/theREIshow ************************************************************************ ABOUT THE REAL ESTATE INVESTING CLUB SHOW Hear from successful real estate investors across every asset class on how they got started investing in real estate and then grew from their first deal to a portfolio of cash-flowing properties. We interview real estate pros from every asset class and learn what strategies they used to create generational wealth for themselves and their families. The REI Club is an interview-based real estate show that will teach you the fastest ways to start and grow your real estate investing career in today's market - from multifamily, to self-storage, to mobile home parks, to mix-use industrial, you'll hear it all! Join us as we delve into our guests career peaks and valleys and the best advice, greatest stories, and favorite tips they learned along the way. Want to create wealth for yourself using the vehicle of real estate? Getting mentorship is the fastest way to success. Get an REI mentor and check out our REI course at https://www.therealestateinvestingclub.com. #realestateinvesting #passiveincome #realestate Interested in becoming a passive investor in one of our projects? Kaizen Properties, is looking for passive investors for our upcoming deals. We invest in what are known as “recession resistant assets”: self storage, MH & RV parks, and industrial properties. If you are interested, go to the website and click on the “Invest with Us” button at the bottom of the page.Support the show
The Limited Partner - You can invest in Real Estate Private Equity!
In today's podcast episode we interview Neil Bawa, CEO and Founder of UGro and Grocapitus. Neil's companies use state of the art data analytics and science to make sound investment decisions for their real estate investors. Today's topics are focused on the power of data science in real estate, discussing powerful value investing strategies that limited partners can use and implement in the current declining real estate markets.Visit us here at: https://www.thelimitedpartner.com/ If you'd like to say hello, you can find Jake at @JJakeWiley on Instagram and Twitter, and on LinkedIn. You will hear quite a bit of real estate terminology in every episode. We've aggregated the most common questions for you in the link below! https://bit.ly/learn-the-lingo
Vessi is a seasoned real estate investor and banker. Vessi shares her experiences investing in Memphis and Central Floria, highlighting the importance of doing thorough due diligence before investing out of state. She emphasizes the need to research neighborhoods before making any investment decisions as this can make or break a deal. Her lending experience has served her well in developing a conservative and analytical approach to assessing risk.Tune in to this episode as Vessi emphasizes the power of focus, knowing your investment goals and criteria, and taking action while being persistent and consistent to achieve success in real estate investing![00:01 - 01:44] Opening SegmentWe welcome, Vessi Kapoulian!Vessi transitioned from banking to real estate investingShe started in residential space, moved to out of state investing for cash flow and landlord/business-friendly locations[01:46 - 23:49] Navigating The Challenges Of Multi-Family Real Estate Investing in Today's MarketFinding success through an analytical approach and taking actionThe benefits of partnering in multi-family real estate investingPartnering with others who have complementary skillsets is crucial for the successful executions of business plansLeverage skills from previous experience in commercial lending and residential property management[23:50 - 30:19] THE FINAL FOURWhat's the worst job that you ever had?Working as a front desk operatorWhat's a book you've read that has given you a paradigm shift?“Think And Grow Rich” by Napoleon HillWhat is a skill or talent that you would like to learn?Learning to speak more languagesWhat does success mean to you?Vessi says, “Success to me means living an abundant life of no regrets.”Connect with Vessi Kapoulian: Website: DBA Capital GroupLinkedIn: Vessi KapoulianLEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quotes:“When you achieve big milestones and points of success, you have more people to celebrate it. So, it amplifies the joy.” – Vessi Kapoulian“Real estate is a long-term game. Things don't happen overnight, but don't give up, just be persistent, consistent, follow that path, and success will inevitably follow.” – Vessi KapoulianSupport the show
Have you heard of the Silver Tsunami? There are an estimated 70 million baby boomers driving economic growth like never before. Their impact is estimated at 62 trillion and growing. This market segment is driving incredible investments and jumbo-sized returns. Today you meet two people making a huge slash in the Silver Tsunami. Patrick McGonigle and Joel Sherman from Harbert South Bay Partners have reimaged the senior living experience. Once you meet them, you'll understand why we decided to invest in South Bay Partners. Whether you invest in the surge or build a business to take advantage of it, a percentage of your portfolio should include this asset class. Welcome to the Hunting Alpha podcast. A show about achieving higher than-market returns and minimizing the risk. Hunting Alpha is Produced by Trinity Investors. Trinity was founded in 2006 by Dan Meader and Sanjay Chandra, and has an investment portfolio of nearly 6 billion dollars (as of January 2023). Trinity invests in a variety of privately owned companies and holds a large real estate portfolio focused on Multi-Family, Senior Living, Hospitality, and Commercial Properties. Trinity's annual return to investors runs in the 20s.
The yield on the 3-month treasury hit more than a 22-year high today, so, clearly, investors are jittery. In this week's episode of The TreppWire Podcast, we explain what's going on with the debt ceiling discussions, continued bank worries following the news of First Republic, and the economic uncertainty. In CRE, we cover the CMBS delinquency rate which held steady but revealed more concern for office, dive into comps and benchmarks for office, and review our Trading Alerts. Stick around to hear what ‘Siri' says. Tune in now. Episode Notes: • Jittery market: debt ceiling, bank worries, economic uncertainty (0:23) • First Republic's problems (9:23) • CMBS delinquency report (14:10) • Vornado pausing dividend (15:29) • Office stories (17:16) • CRE comps and benchmarks (20:06) • Trading alerts: sublease space, move outs (25:41) • Houston stories (32:30) • Multifamily news (35:31) • Shoutouts (41:39) Questions or comments? Contact us at email@example.com. Follow Trepp: Twitter: www.twitter.com/TreppWire LinkedIn: www.linkedin.com/company/trepp Facebook: www.facebook.com/TreppLLC
Learn Real Estate Investing | Lifestyles Unlimited
Sharing their inspiring story with Andy Webb, Allan and Laurel started passively investing in real estate before becoming Lead Investors™ in 5 Multifamily properties, achieving success by leveraging the Lifestyles Unlimited education, mentoring, and membership community! Whether you're a beginner just getting started or a seasoned investor looking for new strategies, this podcast provides golden nuggets packed full of knowledgeable insights to increase investing returns! Click to Listen Now
Make It Rain: Multifamily Real Estate Investing for Millennials
Coffee Frother: https://www.amazon.com/Powerful-Handheld-Stainless-Cappuccino-ChocolateCBRE Article: https://www.cbre.com/insights/briefs/underwriting-assumptions-stabilizing-for-prime-multifamily-assetsFor more info, check us out at makeitraincapital.com.Welcome to Make It Rain: Multifamily Real Estate Investing for Millennials! We're Daisy and Luc, two millennials who love multifamily investing. With every episode, whether we're discussing a special topic or have on an amazing guest, the goal is to provide education and resources for anyone interested in investing in multifamily real estate, especially if you're a millennial. We're excited to chat with you about the what's, the why's, the how's, the who's. The best way to show support is to share it with anyone who might benefit from it and leave us an awesome review. Check out our website at makeitraincapital.com for more goodies. Take action on your financial future TODAY!
Wheelbarrow Profits Podcast: Multifamily Real Estate Investment
In this episode of the Jake and Gino show, we are joined by special guest Liz Faircloth, CEO of Investor Community and co-founder of the DeRosa Group. Liz shares her journey in real estate investing, as well as the importance of empowering women to live a financially free and balanced life. We discuss her book, "Only Woman in the Room," and the unique qualities women bring to the world of investing. Discover why Liz believes collaboration and a conservative approach to investing can lead to better results for women in real estate. Chapters: 00:00 - Intro 01:01 - Why women make great investors and their unique qualities. 03:34 - The journey of Liz Faircloth in real estate investing. 06:12 - What Inspired You to Start The Investor Community Platform? 10:49 - How Did Liz Find Her Partner? 15:17 - The upcoming Invest-Her conference and its theme of generational wealth 20:35 - How Have You Been Able To Scale? 22:58 - Liz Shares Some of the Struggles Women Face in Multifamily 25:27 - How Can Realiotrs Become Investors? 29:24 - Mindset and Paradigm Shifts 32:39 - What are the Next Steps to Get Started In Multifamily? 35:19 - Get Ahold of Liz Faircloth 37:06 - Wrap Up. We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors)
Cash Flow Connections - Real Estate Podcast
If you have a long-term perspective on real estate, you aren't freaking out right now… The beauty of real estate is as long as you have the liquidity to not hand back your keys, you will not lose your properties. So what matters most is that you buy the right assets in the right locations. Many of you know legendary investor Ken McElroy. Today we talk about where he is investing in today's market! Ken has an incredible real estate pipeline that lets him to be flexible. He's loved ground-up development in the last few years, but with interest rates, construction costs, and land costs, he's loving the deals he's seeing in existing acquisitions. However, what he loves more than anything is population growth! Tune in to learn where Ken is finding risk-adjusted return in the Phoenix area in today's market! Take Control, Hunter Thompson Resources mentioned in the episode: 1. Ken McElroy Website Discount Code: MCVIP50 Interested in investing in ATMs? Check out our webinar. Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital? Check out our new FREE webinar - How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register. CFC Podcast Facebook Group
The Real Estate Syndication Show
Helping New Real Estate Investors Succeed And Achieve Financial Freedom Through Multifamily!About Jason Lee:Jason Lee, a highly recognized real estate agent in the multifamily real estate industry, has worked with numerous eight to ten figure real estate investors from San Diego County, facilitating their acquisitions, sales, and 1031 exchanges to enhance their portfolios. His transactions have been prominently featured in the San Diego Business Journal, Costar, and the Real Deal. Additionally, as a real estate investor himself, Jason has acquired over 25 properties within a few years and currently possesses a portfolio of over 100 units in San Diego, amounting to a remarkable valuation of over $50,000,000.jasonjosephlee.comInstagram: @jasonjosephleeYouTube: @jasonjosephleeLinkedinVISIT OUR WEBSITEhttps://lifebridgecapital.com/Here are ways you can work with us here at Life Bridge Capital:⚡️START INVESTING TODAY: If you think that real estate syndication may be right for you, contact us today to learn more about our current investment opportunities: https://lifebridgecapital.com/investwithlbc⚡️Watch on YouTube: https://www.youtube.com/@TheRealEstateSyndicationShow
Wheelbarrow Profits Podcast: Multifamily Real Estate Investment
In this video, we will discuss an essential tax strategy for multifamily investors - cost segregation. Cost segregation is a tax planning technique that can help multifamily investors increase their cash flow by accelerating depreciation deductions. First, we will explain the concept of depreciation and how it applies to real estate investments. Then, we will dive into the details of cost segregation, including the different types of assets that can be reclassified for tax purposes, such as building components, land improvements, and personal property. We will also discuss the benefits of cost segregation for multifamily investors, including the ability to reduce taxable income, increase cash flow, and potentially defer taxes. We will explore how cost segregation can help investors optimize their tax strategy and maximize their return on investment. Additionally, we will cover the process of cost segregation, including the documentation and analysis required to perform a cost segregation study. We will also discuss the potential cost savings and return on investment of a cost segregation study, and the importance of working with a qualified and experienced cost segregation professional. By the end of this video, you will have a clear understanding of what cost segregation is and how it works for multifamily investors. Whether you are a seasoned real estate investor or just getting started, cost segregation is a tax strategy that you don't want to overlook. In a nutshell, Cost Segregation helps multifamily investors/syndicators in: ✔ Reducing taxable income and increasing cash flow through accelerated depreciation deductions ✔ Potentially deferring taxes and freeing up capital for other investments ✔ Optimizing tax strategy and maximizing return on investment ✔ Identifying assets that may qualify for bonus depreciation under tax code changes ✔ Potentially reducing the recapture tax upon sale of the property ✔ Providing a detailed analysis of the property's assets, which can be used for insurance and property tax purposes ✔ Potentially improving the accuracy of financial reporting and valuations for the property ✔ Helping investors stay compliant with IRS regulations and avoid potential penalties or audits. We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors)
Lifetime Cash Flow Through Real Estate Investing
Lee is a seasoned real estate investor with a focus on multifamily properties in the Midwest and Southeast. With nearly a decade of experience, Lee and his team at Green Forest Capital have closed multiple successful syndication deals totaling 588 doors. Lee's focus is on value-add opportunities, and he is committed to providing value to everyone he works with. With an eye for even larger deals and a strong track record of success, Lee is a force to be reckoned with in the multifamily real estate space. Here's some of the topics we covered: Lee's Grind Into The Real Estate Business Bigger is Better In Multifamily Real Estate Multifamily Mistakes That Were Made Advice For People For People Who Are Doing Real Estate Alone The Hard Lessons of Single Family Real Estate The Opportunities Coming From Bridge Debt The Importance of Broker Relationships Areas To Avoid In Multifamily To Apply for The Warrior Program: Text CRUSH to 72345 and we'll help you crush it in this business. Please Review and Subscribe
Making a fortune with multifamily deals involves a combination of knowledge, skill, and persistence. Our expert guest, Ash Patel, is a seasoned real estate professional with a proven track record in commercial real estate investments. He will share valuable tips to help you educate yourself and jumpstart your way to success in this industry.By following the steps Ash recommends, you can increase your chances of making a fortune with multifamily investments. Remember that there are no guarantees in real estate investing, but with the right strategy and mindset, you can achieve your financial goals.----------Show notes:(0:57) Beginning of today's episode(2:02) What makes commercial real estate a compelling investment?(5:18) Strategies for uncovering lucrative commercial real estate deals on the multiple listing service(6:59) The pivotal role of NOI in determining a property's value(12:04) Securing national tenants versus local businesses: tips and tricks(15:59) Essential steps to take when venturing into the world of commercial real estate(16:09) Mastering the art of identifying profitable deals in commercial real estate(22:00) Networking: the ultimate strategy for expanding your reach in commercial real estate----------Resources:MLS The Best Ever Commercial Real Estate PodcastLoopnetEmail Ash at: firstname.lastname@example.orgInvest Beyond Multifamily WebsiteTo speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the TribeGo to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space. Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.It's 100% free to join. The opportunities in this community are endless, what are you waiting for?