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Have you ever wondered if the massive profits in commercial real estate are completely out of your reach? In this classic episode, Brent Daniels sits down with commercial real estate expert Hanifa Brown to demystify the commercial sector and prove that you absolutely can wholesale these massive deals! Hanifa also breaks down the fundamental differences between residential and commercial wholesaling, highlighting why building relationships with specialized commercial brokers is the absolute most critical step in evaluating your deals. If you are ready to transition from single-family houses to building true wealth through commercial assets, this episode is your blueprint. Be a part of the TTP training program now.---------Show notes:(0:00) Beginning of today's episode(2:25) Understanding the five main commercial real estate asset classes(4:32) Using Real Estate Investment Trusts to get started without experience(6:41) Why the current doom and gloom is strictly isolated to office spaces(9:22) The primary differences between residential and commercial wholesaling(10:48) Why building relationships with commercial brokers is critical for success(12:50) How commercial properties are evaluated using Net Operating Income(13:26) How Cap Rates dictate risk and forced appreciation in commercial deals(17:15) Why small multifamily properties are the perfect gateway into commercial(19:37) The importance of finding brokers specialized in specific asset classes(21:06) How commercial flippers evaluate risk and stabilize multi-year projects(25:00) Why you must target single-entity owners instead of corporate REITs(26:17) Using the "Wealth Foundations" ebook as a commercial investing blueprint(28:55) Why mixed-use properties offer the best long-term diversity and cash flow----------Resources:LoopNetCoStarCrexiReal Estate Riches by Dolph de RoosContact Hanifa Brown: HanifahBrown.comInstagram: @hanifah_brownInstagram: @realbrentdanielsTo 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?
#106: Welcome back to The Lender's Playbook Podcast. I'm your host, Matt Rosen, and this is Episode 106.Today's episode is all about one thing, how to invest in multifamily real estate like the pros… even if you're not one.I sit down with Victor Bell, a longtime friend and seasoned expert in the multifamily investing space. We break down what actually makes a deal profitable, the key metrics every investor and lender should understand, and how to avoid costly mistakes, whether you're investing passively or deploying capital as a private lender.If you're looking to make smarter, more confident investment decisions in multifamily real estate, this episode is for you.Thank you Episode Sponsor!Dynamic Finance GroupIf you're a real estate investor looking for speed, flexibility, and a lending partner that actually understands your deals, Dynamic Finance Group has you covered.From short-term bridge loans to fix-and-flip, new construction, and long-term 30-year rental financing, they offer solutions built to move at your pace.What sets them apart?Clear communication, hands-on support, and a team that puts your goals first.If you're ready to close faster and scale smarter, connect with Dynamic Finance Group today.https://www.dynamicfinancegroup.com/Check out the podcast I did with them! https://app.fusebox.fm/embed/player/track/Kbx2Q3jWNM/42Join us for the 5th National American Lending Conference! Oct 9-10, 2026 in Las Vegas at the Green Valley Ranch!https://www.americanlendingconference.com/
First Hospitality President and CEO David Duncan and Chief Operating Officer Dave Montrose talk with CoStar News Hotels' Bryan Wroten at the Americas Lodging Investment Summit about their company's strategies to differentiate themselves among other third-party hotel management companies and grow their portfolio in a difficult environment.
Although Multifamily is facing challenges in sunbelt markets, and loan maturities are piling up, long-term fundamentals remain strong. Rents are holding, occupancy levels are in the low 90's%, and collections are solid. There have been concessions because of excess supply, but even these are gradually starting to contract. Joe Fairless, Co-founder and General Partner of Ashcroft Capital, owns over 14,000 units in sunbelt markets. Joe is prioritizing Net Operating Income of his current portfolio and is selectively looking to acquire additional A to B+ properties with a large discount to replacement cost.
Why This Episode Is a Must-Listen Are you ready to move beyond traditional approaches to real estate and discover today's smartest wealth-building strategies? This episode of Inspired Money brings together five investors to demystify how property investment is adapting to a tech-driven, data-first era. Whether you're just getting started or scaling up your portfolio, this conversation offers actionable insights on asset selection, risk management, advanced financing, and making an impact—with a wealth-building lens you won't want to miss. Meet the Expert Panelists Ken McElroy is a multifamily real estate investor, author, and CEO of MC Companies, which manages more than $2 billion in assets nationwide. A popular YouTube creator, podcast host, and founder of The Collective Advisors Mastermind, he is dedicated to teaching others how to achieve financial freedom while giving back through the Sharing the Good Life Foundation. https://kenmcelroy.com Neal Bawa is the CEO and Founder of UGro and Grocapitus, two data-driven commercial real estate investment firms with a portfolio of over 4,800 units and $1 billion in assets under management. Known as “The Mad Scientist of Multifamily,” he is a leading voice in applying analytics, PropTech, and FinTech to transform real estate into a more transparent and tech-enabled asset class. https://grocapitus.com Jay Papasan is a bestselling author and longtime executive at Keller Williams Realty International, where he has led education, publishing, research, and strategic content for the world's largest real estate company. CEO of Produktive and co-author of The ONE Thing (3.5M+ copies sold), Jay also co-owns Papasan Properties Group with his wife Wendy and hosts The ONE Thing and Think Like a CEO podcasts. https://www.jaypapasan.com J Scott is an entrepreneur, investor, and bestselling author of five real estate books that have sold over 500,000 copies worldwide. A former Silicon Valley executive at Microsoft and eBay, he's now a partner at Bar Down Investments, where he currently owns and operates a $200M multifamily investment fund with over 1,100 units. https://www.jscott.com Paul Moore is the Founder of Wellings Capital, a firm that manages 8 private equity commercial real estate funds. He is a seasoned commercial real estate investor with experience in multifamily, self-storage, and large-scale developments. An entrepreneur and author of two real estate books, Paul has completed over 100 property investments and regularly shares his expertise through podcasts, media appearances, and industry events. https://www.wellingscapital.com This episode is sponsored by Runnymede Capital Management. Get your free 3-minute financial plan at https://www.inspiredmoney.fm/getplan and discover your retirement age, income, and strategy today. Key Highlights 1. The Power and Pitfalls of Niche Asset Classes Paul Moore's perspective on “boring but beautiful” sectors like self-storage and small-bay industrial assets emphasizes their recession resistance and long-term cash flow. He underlines: “A great property can be ruined by a mediocre operator, and a mediocre asset can be saved and prosper under a great asset manager.” This theme of specialized knowledge—versus chasing trends—is critical for sustainable, risk-adjusted returns. 2. Leveraging Data, AI, and Hyperlocal Analysis Neal Bawa demonstrates how real estate investing is being revolutionized by artificial intelligence and predictive analytics. “All of our rent comps are now done by a tool called Manus…We're able to manage our properties better because our weekly reports on asset management are AI-generated,” Neal shares. The key is using tech not just for efficiency, but for smart, precision targeting in investment decisions. 3. Strategic Asset Management—From Landlord to Business Owner Ken emphasizes the essential mindset shift from simply being a landlord to managing properties as scalable businesses. “If the asset is in really, really good shape, it's well capitalized, it's maintained, financially maintained…then it actually helps when you start to exit.” Operational excellence—including robust asset management and leveraging both people and systems—drives sustainable value. 4. Aligning Values and Wealth: Impact Investing in Real Estate This episode dives into strategies for doing well while doing good. Jay Papasan highlights, “The money is good for the good it can do...wealth is great because we can make great change with it.” Both he and J Scott discuss setting impact goals, engaging community, and integrating purpose into investment models—showing that profitability and purpose aren't mutually exclusive. Call-to-Action Your Inspired Money challenge for the week: take one step to move from “landlord thinking” to “asset manager thinking.” Review a property you own, or one you're considering, and calculate its Net Operating Income. Ask yourself, "What simple change could increase cash flow or reduce costs?" Mentioned in this Episode: Warren Buffett Charlie Munger John Arrillaga The Perfect Investment: Create Enduring Wealth from the Historic Shift to Multifamily Housing (Paul Moore) CoStar Real Estate Manager Yardi Manus William Wilberforce Amazing Grace (2006 film) Find the Inspired Money channel on YouTube or listen to Inspired Money in your favorite podcast player. Andy Wang, Host/Producer of Inspired Money
In this episode, Todd breaks down one of the most critical metrics in real estate financing: Debt Service Coverage Ratio (DSCR). He explains how DSCR—calculated as Net Operating Income divided by your mortgage payment—represents your margin and directly impacts the safety of your loan. Todd dives into how lenders use DSCR to evaluate risk, why a higher DSCR offers better protection, and what you should consider when choosing a loan. He also discusses how Loan-to-Value (LTV) interacts with DSCR and helps investors make informed decisions. Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus on business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers, and coaches. YouTube: www.youtube.com/c/PillarsOfWealthCreation Interested in coaching? Schedule a call with Todd at www.coachwithdex.com Listen to the audio version on your favorite podcast host: SoundCloud: https://soundcloud.com/user-650270376 Apple Podcasts: https://podcasts.apple.com/.../pillars-of.../id1296372835... Google Podcasts: https://podcasts.google.com/.../aHR0cHM6Ly9mZWVkcy5zb3VuZ... iHeart Radio: https://www.iheart.com/.../pillars-of-wealth-creation.../ CastBox: https://castbox.fm/.../Pillars-Of-Wealth-Creation... Spotify: https://open.spotify.com/show/0FmGSJe9fzSOhQiFROc2O0 Pandora: https://pandora.app.link/YUP21NxF3kb Amazon/Audible: https://music.amazon.com/.../f6cf3e11-3ffa-450b-ac8c...
In this episode of Zen and the Art of Real Estate Investing, Jonathan speaks with Owen Barrett, founder and CEO of Shine, a solar company built by apartment owners for apartment owners. With a background in finance and clean energy, Owen brings a pragmatic and results-driven mindset to a traditionally misunderstood corner of multifamily investing—onsite solar energy. Owen shares how his first exposure to real estate came after achieving financial independence through his solar ventures. Instead of starting small, he jumped into a 64-unit building, testing how large-scale solar could be layered into multifamily investment. That experience, although imperfect, helped shape Shine's business model: targeting properties with 100+ units where solar not only benefits the environment but also boosts returns. Jonathan and Owen examine the financial mechanics of solar energy in multifamily properties, from cost segregation and tax credits to NOI increases and tenant retention. Owen explains how Shine's proprietary software allows solar installations to serve individually metered units, a longstanding challenge in the space. He also breaks down how syndicators and institutional investors approach solar differently, and why understanding your audience is key when pitching value-add improvements. Owen emphasizes that solar is not about selling environmental benefits. It's about improving the bottom line. But the secondary benefits, such as tenant retention, lower utility inflation, and greater resilience during energy volatility, add long-term value. For syndicators and operators seeking to future-proof their assets, this conversation is packed with strategic thinking, cost-saving tactics, and clear-eyed lessons from someone who installs what he owns. In this episode, you will hear: How Owen Barrett transitioned from solar to multifamily real estate Using solar to increase NOI and attract investors Cost segregation, tax credits, and depreciation benefits Why roof condition is a make-or-break factor for installations The difference in decision-making between syndicators and institutions Leveraging solar to reduce tenant utility costs and turnover The reason early due diligence makes or breaks solar ROI Follow and Review: We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. Supporting Resources: Shine website - www.getshine.com Connect with Owen Barrett on LinkedIn - www.linkedin.com/in/owenmadsenbarrett Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.
Join Jake and Gino as they sit down with Peter Roisman, the co-founder and CEO of Rev, a property technology company revolutionizing multifamily leasing space. With over 30 years of entrepreneurial experience (including scaling nearly 200 ambulatory surgery centers), Peter brings a fresh, data-driven, and empathetic perspective to one of real estate's most overlooked areas: leasing.In this episode, Peter shares how Rev uses 1,000+ data points, secret-shopper insights, and AI-powered training modules to upskill leasing agents and boost net operating income (NOI). They discuss why leasing agents are often the least trained yet most essential team members, the real difference between managing and leasing, and how to create a Chick-fil-A-level customer experience on your property.What You'll Discover:• How Rev is “revving up” the multifamily industry• The transition from surgery centers to property technology innovation• The need for comprehensive leasing training and secret shopper audits• Sales fundamentals and leadership in property management• The impact of COVID and labor market challenges on leasing• Integrating maintenance for a superior resident experienceGuest Links & Resources:Rev Website: https://www.rev-leasing.com/ Chapters:00:00 - Introduction 01:25 - Rev & the Transition 02:34 - Why Multifamily 07:10 - Scaling Problems: From Greystar to Your 50-Unit Building 12:56 - What Makes a Rock-Star Leasing Agent 14:25 - Why You Should Invest in Leasing (Not Fear It) 19:10 - The Leasing Agent Trap: Promoting Without Leadership Skills 21:14 - Breaking the Cycle of Hiring Underperformers 24:12 - Pricing, Concessions, and Protecting Your NOI 25:06 - How Better Leasing Leads to Better Lending 28:50 - Missed Opportunities: Garbage, Bad Tours, and No Upsells 33:37 - Final Thoughts, Tech + AI, and the Future of Leasing 35:24 - Gino Wraps it 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)
Building managers are facing a pressing challenge, how to balance operational costs with the growing demand for better environments and sustainability.Today, we discuss the true cost of ignoring energy efficiency, from cost to carbon penalties and unhappy tenants. We explore the financial advantages, including potential cost savings and improved property values, as well as practical strategies for overcoming common barriers to implementing these systems. Our guest today is a leading expert in all things energy efficiency, with over two decades of experience in helping organizations optimize their energy use. It is a pleasure to welcome the founder of Selling Energy, Mark Jewell.THINGS WE SPOKE ABOUTEnergy efficiency is a ‘win-win' for utilities, customers, manufacturers, and vendorsMaintaining or increasing Net Operating Income with energy efficiency How longer-use filters can counteract labour shortages and environmental damages Overcoming barriers to implementing energy efficiency Financial risks of losing tenants due to poor building systems GUEST DETAILS Mark Jewell is the President and co-founder of Selling Energy.He is a subject matter expert, coach, speaker and best-selling author focused on overcoming barriers to implementing projects. Mark teaches other professionals and organizations how to turbocharge their sales success.Through his in-person and online training, daily blog, app for iOS, app for Android, YouTube, and Social Media accounts, Mark Jewell provides ideas and inspiration for everyone from the eco-entrepreneur to those with Fortune 500 companies.https://www.sellingenergy.com/about-mark-jewell MORE INFORMATIONABOUT CAMFIL'S CAO INITIATIVEThe Chief Airgonomics Officer initiative was started by Camfil, a leading manufacturer in premium clean air solutions and an advocate for access to clean air.The Chief Airgonomics initiative is being driven at a time of urgency: sensitivities over air have heightened due to the COVID-19 pandemic, air pollutants are well known to damage the environment and the newly published WHO Air Quality Guidelines show us that air pollution is more damaging to human health than previously understood.The initiative is a direct response to these realities while also bringing to life Camfil's mission of protecting people, processes and the environment. It also puts into practice Camfil's knowledge and expertise built over more than half a century and that it is eager to share with its peers and wider audiences to improve people's lives.Our Vision : Clean and healthy Indoor Air should be a Human rightOur Mission: We want all companies and organisations to put clean and healthy indoor air on the agendaCamfil believes that real change can only happen through collaborative effort and wants your organisation to join the clean air movement and community. Start your clean indoor air journey today!CAO Website: https://www.chiefairgonomicsofficer.com/ CAO Linkedin Group: https://www.linkedin.com/groups/12679402/ Let's Talk Clean Air is produced for Camfil by Dustpod.ioQUOTESA lot of people forget that the only reason we have buildings that are occupied by occupants is to make sure those occupants are productive and safe. - Mark Jewell I think you need to expand the definition of efficiency to more than just energy efficiency. It's the efficiency of labor too. - Mark Jewell Do you really want to throw out four filters a year when you could throw out one? The landfill is not free, right? - Mark Jewell One of the biggest barriers is ignorance. I think that it's possible that a lot of people don't really know what's possible. - Mark Jewell It used to be a green premium, now it's a brown discount if your building does not have systems that can guarantee the health and safety of the occupants. - Mark Jewell KEYWORDS#energy #efficiency #airquality #HVAC #carbonfootprint #buildingmanagers #filter
Net Operating Income is the key to investing success! You've heard us say that a million times. Then why don't lenders care about it? Join Pat for a look at what lenders really care about when it comes to NOI.
Welcome to another insightful episode with Gino Barbaro, co-founder of Jake and Gino! In this video, we dive into the three critical methods appraisers use to evaluate commercial real estate, specifically multifamily properties. Whether you're a seasoned investor or just starting, this is your ultimate guide to understanding how to maximize value and build wealth through multifamily investments.Key Takeaways:Sales Comparison Approach: Discover how residential and commercial properties are compared to determine value.Replacement Cost Approach: Learn why buying below replacement cost can signal a great deal.Income Approach: The gold standard for multifamily valuation—understand how Net Operating Income (NOI) drives value.Subscribe for exclusive Masterclass Mondays and behind-the-scenes content to elevate your real estate investing journey!Join the Jake & Gino Community for more tips and resources: Subscribe Now 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)
Although I did not attend the most recent Self Storage Association convention in Las Vegas, I have been studying many of the sessions that occurred there. One thing I found very interesting was the presentation that showed the results of StorageMart's Compound Annual Growth Rate (CAGR) of Net Operating Income over the past five years using the data from 75 stores. Let me share my takeaways from that and one way we use this idea in the real world as we look at opportunities. **Online Courses at The Quickstart Academy** https://TheQuickStartAcademy.com/ **Listen on Apple Podcasts** https://podcasts.apple.com/us/podcast/creating-wealth-through-self-storage/id1588425875 ** 5 KPIs we measure** https://creatingwealththroughselfstorage.lpages.co/top-5-kpi-ebook/ **My blog** Creating Wealth Through Self Storage **Facebook** https://www.facebook.com/markhelmselfstorage/ **Twitter** Tweets by MarkHelmSelfSt **The Storage World Analyzer** http://storageworldanalyzer.com/ **The QuickStart Academy Store** https://quick-start-academy.myshopify.com
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Greetings my fellow investors and truth seekers, this is the Truth About Real Estate Investing Show for Canadians and if you're addicted to social media like I am, there's not a lot of good news within our community. It's not all bad, we just had Kelly Caldwell, Victoria Cluney, and Milena Simsic. Spencer and Ashley with their AirBnbs, Zac Killem whose company Front Lobby will thrive. In general those with healthier portfolios as in not over leveraged, focus on cash flow and operational execution are doing just fine like many past guests of this show. I was just speaking to one investor/Realtor while preparing this episode who did just that, he's buying more multifamily buildings and completed two flips in the USA. Off the top of my head, I can think of two past guests in significant financial trouble, one has already declared bankruptcy, the others owe a lot of people a lot of money to individual investors, not just banks. Individual investors post to social media and tell others to warn them. I know because I have friends everywhere in the community and the messages arrive in my DM's. Both were newer to real estate as they made the switch to full time within the last five years or so. I've left the episodes up because as far as I've know, there was no criminal intent nor are they being accused of any. I run a real estate investment business called iWIN Real Estate where we are always looking to learn, evolve, and adopt best practices to help our clients optimize their investments and time, the only non-renewable resource. We started investing in single family, then multifamily, then student rentals, basement suite conversions, to garden/garage suites and it's gotten unaffordable. We use Ai all through out our businesses. I used Chatgpt to research case law when sellers accepted a higher competing offer when we had already accepted their counter offer. I've used Chatgpt to proof read my clauses for counter offers which saves everyone time: my clients, my lawyer, my broker. I'm working on creating a digital duplicate of myself as I'm really busy booking calls to discuss USA investing. 80-90% of the questions are the same: what is the legal structure to own US properties, how do you get a mortgage, what are the fees like, etc… all repetitive I could have an Ai twin version of myself do. If you think I'm crazy, check out the found of LinkedIn, Reid Hoffman's two way interview of his own Ai twin: https://www.youtube.com/watch?v=rgD2gmwCS10 For anyone in sales or customer service, if you're not afraid for your job, I don't know what will. This is one reason I diversify my business, use Ai tools, own cash flowing real estate. The owner of Property Guys was on BNN talking about how 25% of Realtors in the USA will leave the industry after those historic lawsuit settlements. This August, listings will no longer display co-operating commission for buyer agents hence buyer agents must negotiate commission from the buyer. Property Guy mentioned there are two lawsuits in the works in Canada which confirms the rumours I've heard. The implication is the public will be more aware that Realtor commissions are negotiable, they always have been and it my experience, sellers who want top dollar when selling will continue to offer co-operating commission. Most of the professional investors do it. I do it, I actually offer above market co-operating commission and use it as a marketing tool and negotiation piece. I mean it's worked for me, the last four houses I sold, I did so, on average in 22 days on market. Point is, I'm a Realtor, I've worried for my job since 2010 and never been more worried with Ai, class action lawsuits and competition among other Realtors at their highest levels ever. If only we had as many doctors and Realtors. Imagine how good our health care would be. For complete business and investment sense, I of course partnered with SHARE, a tech enabled asset manager that allows Canadians to be US landlords without all the heavy lifting. My 17 listeners know I've conducted well over 300, hour long interviews with successful and some no longer successful real estate investors work, invest, blood, sweat and tears. In terms of cash flow and overall returns to effort, I haven't seen anything before that beats SHARE's offering. In short, I've seen how the top investors implement their real estate investment business and can separate the hype from results. Those with results did not overleverage, were in control the whole time, delivered operationally to renovate and rent as fast as they could. Those who didn't are the ones making all the headlines in the news for declaring bankruptcy protection or bankruptcy or have their names dragged through Facebook groups for owing money. I had a call with a newer investor who's got a great investment property in BC, she AirBnb's the triplex in the summer months then rents to students during the school year. That's investing on steroids and she's rewarded with six figures of rental income. The investor asked why I call in long-term single family rentals boring? To me it's not exciting, there's nothing innovative about it vs. what gets all the attention and likes on social media, note how many of those influencers have gone quiet or done major pivots. I know one big time condo agent appears to have pivoted to coaching Realtors which is going to be really tough in this market. My clients and I's investing is as passive as possible and we've done quite well. Our biggest challenge is under rented properties due to rent control but over the long-term, we've all done amazing with market appreciation. Compare that to Airbnb in the summer where this newer investor does all the client interaction and only outsources the maintenance and cleaning to a property manager for 10% PM fees. Student rentals in my experience are a niche investment that is much more challenging to insure, manage, and get cheap financing. My last student rental mortgage was with Home Trust at over 8% interest plus 1% lender fee. Again, a wonderful business for the active investor. Just be prepared for plans B and C and D should the municipality turn against student rentals or AirBnb. Just last week, 10,000 protesters in Barcelona took to the streets, some even using water guns to shoot at tourists. The Mayor of Barcelona is banning 10,000 Airbnbs in the city… this makes me thing I need to buy some shares of hotels… source: https://www.ft.com/content/287c1d53-7dd0-410c-88bb-f43277c851b6 In my city, the City of Hamilton implemented rental licensing in the student neighbourhoods with plans to expand across the entire city and the mayor is former NDP leader Andrea Horwath. To conform to licensing could costing landlords from a couple to several thousands of dollars in order to comply along with ongoing fees. Thankfully I've sold my student rentals and I'm grateful for having done so as I look out the window of my office and know there are basements being flooded all over the province. There's plenty of investors struggling out there already who don't need this. This widespread flooding event will push up insurance rates yet again, more housing cost inflation we can NOT pass onto the tenant in a rent controlled environment. As someone who despises risk, I'm removing basement flood risk by divesting local houses and investing in houses in the USA that don't have basements. I'm advising friends, family and clients to not invest in suiting their basements as it makes more sense to allocate those funds to buying a house in the USA. To close on my house in San Antonio I need $97,000 US$ including a $10k reserve fund. A typical basement apartment conversion is $160,000 in my experience and you're vacant six months. How long depends on the municipality and the quality of your contractor. My San Antonio tenants are renting the house back from me so I have zero vacancy and can defer my renovations till after they move out which I hope is never since this is Texas and there is no rent control Only in colder climates do we need basements that go below the frost line to prevent heaving. The same problem doesn't happen in the southern USA making housing a lot less expensive to build, no need to ever have waterproof let alone flooding if you avoid coastal areas and Florida. Even if you wanted to buy a turnkey duplex in Hamilton, Barrie, Oshawa, Ottawa etc… I've chosen those cities as prices and rents are similar there, I've calculated the capitalization rate = $ Net Operating Income / $ price at 4.1%. Compare that to what my clients are getting, low five to mid 7 cap rates in the USA. The numbers don't lie, the laws are landlord friendly, no rent control, and commercial style mortgages for us Canadian investors. I make way more commission selling a Canadian property than an American one but I want happy clients hence I recommend US investments over Canadian ones. Diversification and cash flow reasons alone make plain sense. The truth is also it's way easier selling US income properties. I've sold way more US income properties than Canadian ones this year, never in my career since 2010 as a Realtor have I seen so little interest by investors to buy local income properties when the timing is ideal to pick up deals. I do truly worry for my fellow real estate professionals in Realtors and mortgage agents/brokers. There's a lot of them already and if they make a living focusing on selling local real estate investments and they not able to sell US products, I won't be surprised to see many of them leave the industry. To me, it's all a matter of education before investing in the USA via SHARE by Canadians is the norm, I honestly love my work, SHARE is the partner every lazy investor like me is looking for except they don't take any equity share of the investment. Control and ownership remind 100% mine and Cherry's. I'm going to record a video comparing a new condo investment vs. a duplex vs. my client's property. He's from Montreal, has never seen the house that is a 7.6% cap rate that only cost him about $160,000 Canadian. Link is in the show notes. There is no guest this week. I literally had invited a former coach of a defunct real estate “university” as they invest big, nice people but their name is being blasted on social media for not making payments on their private mortgages. The coach didn't respond which never happens as gurus generally love coming on my show. This isn't an indictment on the coach/investor. If they can survive they'll come out a winner. Even if they don't, I believe them to be talented and will come back. Personally I don't like my investments to be a roller coaster hence I choose boring as I don't have thick enough skin to tell people I've lost their money or I can't pay them back. That's just me. The world needs the self declared crazies like Steve Jobs and Elon Musk. I just know I'm not that and stay in my boring lane. But I do have equity in SHARE, I have some say in the company's direction as Head of Business Development in Canada and I don't see a more efficient path to my company's 10 year gold: help 200 Canadians become real estate millionaires. I'm at 45 or so now and I can see it in my mind's eye, 10 years from now enjoying golf and dinner with 200 Canadian real estate millionaires who've gained a lot of financial peace via their boring real estate investments. I can't wait but I'm totally enjoying the journey. iwin.sharesfr.com if you'd like to learn about the deals my clients and I are doing, from there you can book a Zoom call with me. Past clients, I'm always down for coffee, dessert, breakfast, lunch, dinner, or golf. You know where to find me.
Welcome back to Keeping it Real Estate! In this episode with Mike Roeder, we explore how AI is revolutionizing the real estate industry, based on key insights from the AI in Real Estate conference in New York City. Discover the top five takeaways, including the importance of cybersecurity, leveraging third-party AI tools, and using AI to solve problems, automate tasks, and enhance tenant experiences. Learn about cutting-edge tools like Happyco, Elise AI, Placer.ai, and Swarmalytics, and how they're driving efficiency and boosting Net Operating Income. We'll also share how Granite Towers Equity Group has implemented AI across our Dallas assets, improving staff efficiency and tenant engagement. Tune in to learn how AI can transform your real estate investments. Visit www.granitetowersequitygroup.com/invest to join our email list and stay updated on our latest investment opportunities. Thanks for listening! Keeping it Real Estate is brought to you by Granite Towers Equity Group, helping investors create passive income through multifamily real estate. To get in touch with the founders of Granite Towers, Mike Roeder and Dan Brisse, visit https://www.granitetowersequitygroup.com/contact
NOI is the second of the three building blocks to successful multifamily investing. NOI is the driver of both cash and equity growth. Join Pat for a discussion of how NRI, Other Income, and Op Ex create this financial powerhouse.
Net Operating Income is the Key to a successful multifamily real estate investment.....but what is the driver of NOI? Net Rental Income - NRI is the heart that powers every multifamily investment. Join Pat as we continue this series on the Three Building Blocks to success in multifamily investing.
Regardless of cap rates or interest rates, heavy value-add projects still make a lot of money if there are proven ways to dramatically increase revenue and Net Operating Income in the short term. The key is having the knowledge and the systems to find off-market deals and the ability to consistently execute on the business plans. Matt Ricciardella, Founding and Managing Partner of Crystal View Capital, has made a career out of finding great, off-market deals, adding value, and generating huge returns. Crystal View finds great value-add opportunities in Mobile Home Parks and Self-Storage facilities in secondary and tertiary markets and currently operates in 28 states.
Title: "Adrian Panozzo's: Navigating Challenges, Maximizing Returns, and Building Generational Wealth. Description: Join us on an illuminating journey into the dynamic world of real estate with Adrian Panozzo, a retired police officer turned real estate investor. In this in-depth conversation, Adrian shares his profound insights into the art of transitioning from a stable government job to building generational wealth through strategic real estate investments. Adrian provides a glimpse into his company, Generational Wealth Creators, shedding light on their one-stop-shop approach for investors. The discussion unfolds with a strategic pivot towards the apartment building space, team scaling, and the dynamics of joint venture partnerships. A captivating highlight of the episode is a detailed case study of a 14-unit building investment. Adrian walks us through the intricacies of this venture, emphasizing the judicious use of capital, strategic renovations, and the subsequent increase in Net Operating Income (NOI), resulting in a remarkable after-repair value (ARV) of $3.5-3.7 million. Delving into the financial realm, Adrian breaks down the advantages of leveraging the CMHC MLI selectors program. With a 95% loan-to-value (LTV), up to a 50-year amortization period, and attractive interest rates hovering around 4.5-4.6%, he unveils the financial strategies that have proven instrumental in his real estate success. The conversation extends to the challenges faced in real estate deals, amplified by significant changes in the past year. Adrian underscores the paramount importance of knowledge, exposure, and networking in navigating these challenges successfully. Adrian's rich background as a police officer is explored, revealing how his experience honed crucial communication skills, problem-solving abilities, and a mindset of never giving up. He shares the pivotal moment when he knew it was time to leave his job and pursue real estate full-time, encouraging listeners to believe in themselves and take calculated risks. Adrian Panozzo's Links: Websites:https://generationalwealthcreators.ca/meet-our-founders LinkedIn: linkedin.com/in/adrian-pannozzo-8098b8a9 Instagram: https://www.instagram.com/genwealthcreators/ Email: adrian@investwithepc.com News Letter Hi, First Responders, Buckle up for an exciting journey through the realms of real estate investing in our recent podcast episode featuring Adrian Panozo. A retired police officer turned real estate investor, Adrian spills the beans on his transition from residential to commercial real estate, unveiling a treasure trove of insights and strategies for creating generational wealth. [Insert Podcast Link]
By focusing on Total Cost of Ownership, Andy has helped add over $5 million dollars in recurring, annual Net Operating Income and over $70 million dollars in asset value for his clients.Main point:What is The Total Cost of Ownership Method? How can using Total Cost of Ownership in decision making help increase Net Operating Income? What specific things do you see that consistently cost owners more money? What can they do to fix it? Does your process involve cutting headcount or laying people off?Connect with Andy McQuade:Please subscribe to the YouTube Channel for the latest podcast episodes https://www.youtube.com/channel/UC3PYpcMNzSbggRb41MyF4og?sub_confirmation=1&feature=subscribe-embed-click?sub_confirmation=1andy@andymcquade.comhttps://www.facebook.com/McQuadeAndyhttps://www.instagram.com/McQuade_Andyhttps://www.linkedin.com/in/andymcquade/https://twitter.com/Andy_McQuadehttps://youtube.com/@tcomethodhttps://armcompanies.comPodcast-The TCO Method
Brian McDade of Simon Property Group, Inc. recently shared insights at the Goldman Sachs 2023 US Financial Services Conference. McDade made clear that the company upholds expectations for potential acquisitions, saying, "we're cautious about adding assets because the bar is high, but we've been in the investment business for 30 years, and we're likely to continue to do so." While they remain selective, their track record over the past three decades signals an intention to continue sourcing individual asset opportunities. Activation of these assets as part of the broader portfolio illustrates the group's focus on enhancing the overall franchise and creatively deploying capital. Several key insights can be deduced from McDade's address: Performance: McDade highlighted the dynamic leasing environment the company navigates. They executed nearly 15 million square feet of leases, a new record for Simon Property Group, indicating adaptability to contemporary market expectations. The roster of new deals from diverse sectors—luxury retail, entertainment, food and beverages, health and wellness—suggests a sustained demand, reflecting the company's success in partnering with varied entities. Investments and growth strategy: Simon Property Group has continually engaged in optimizing its assets, a consistent strategic priority. McDade discussed redevelopment plans aimed to maximize space usage while serving rising demand from luxury retailers with new outlets. In an evolving market, the company remains vigilant to acquisitions that could ameliorate the overall franchise value. Commitment to earnings growth: The company's forecast indicates a growth rate of 3% for domestic property Net Operating Income over the next two years. This anticipated growth is attributed to the strong demand for space, the successful conversion of temporary leases to permanent ones, and healthy occupancy rates. Additionally, plans are in place to monetize OPI investments. Proceeds could potentially be used for stock buybacks, reducing debt, and further investments—the company's disciplined approach to capital allocation remains a defining characteristic of their investment ethos. McDade's commentary on Simon Property Group's future trajectory seems to lean towards a strategic mix of cautious acquisitions, space optimization, and an ongoing commitment to capital growth. The active engagement with property leasing and the focused, strategic allocation of future earnings underline the company's prudent yet proactive stance. SPG Company info: https://finance.yahoo.com/quote/SPG/profile For more PSFK research : www.psfk.com This email has been published and shared for the purpose of business research and is not intended as investment advice.
Elizabeth Francisco sits down at NAA 2023 with Rich George, Success Coach for 9 Minutes to Success, to discuss how owner-operators can have transparent conversations with investors, especially when it comes to managing their expectations in a rollercoaster market.Rich is a consultant, trainer, and author for the Multifamily Property Management Industry, specifically helping companies raise their Net Operating Income through strategic planning, talent empowerment, and education. Rich has worked in the property management industry for the past 20 years with many different levels from maintenance to senior vice president. He has a passion for getting the biggest return on investment from the human capital within the industry.About ResMan: ResMan delivers the property management industry's most innovative technology platform, making property investments and operations more profitable and easier to manage. ResMan's platform unlocks a new path to growth for property management companies that deliver consistent NOI improvement and brilliant resident experiences easier than ever before. To learn more about our platform, visit http://myresman.com/
In this insightful podcast episode, our host Whitney Sewell sits down with distinguished guest Andy McQuade, a leading principal at the prestigious Arm Companies. The discussion revolves around the vital topic of Total Cost of Ownership (TCO), a concept that holds immense significance for those immersed in the real estate sector.They explore the lasting financial ramifications of astute purchasing decisions, with Andy presenting real-world examples to illustrate the profound monetary effects of such strategic choices. The episode also underscores the need for operators to boost operational efficiencies and drive income growth from their properties.The conversation sheds light on the fact that many challenges faced by operators are not unique but rather shared across the industry. By tuning in, listeners can expect to gain a wealth of knowledge on how to sidestep costly mistakes and optimize returns in the realm of real estate syndication.Don't miss the opportunity to connect with Andy McQuade, a mastermind in multifamily real estate, directly on LinkedIn. Engage with his wealth of knowledge and stay updated with his latest insights. Connect with Andy on LinkedInFor more in-depth resources and to learn more about his innovative TCO method, make sure to visit ARM Companies' official website. Discover how you can make smarter investment decisions today. Visit ARM Companies' WebsiteVISIT 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
Unlock the power of smart utility management with our guest Kevin from Multi Family Utility Solutions. Promise yourself this - by the end of this intriguing conversation, you'll have a comprehensive understanding of how to increase net operating income by strategically managing utilities. Not just that, you'll learn how to navigate the tricky waters of due diligence for multi-family investments. But we don't stop there. Ever wondered how to extract the maximum income from your properties? We discuss how understanding your investment goals and the property culture can guide you through this process. Together with Kevin, we discuss the pros and cons of offering cable services, the role of wireless providers, and how enhanced internet services can upgrade your property to a higher class. Now, let's talk about the future. We examine solar energy and how you can leverage it to maximize benefits, from rebates to incentives. We also take a deep look at the FCC's ruling on exclusive rights to property and the streaming vs. cable TV debate. Finally, we round off with a book recommendation that'll help you measure success in life and optimize progress. Don't miss out on this episode packed with insights on multifamily property ownership!https://multifamilyutilitysolutions.com/248) 930-4768Kevin@MultifamilyUtilitySolutions.comKevin's Book: https://changeyourthinkingigniteyourlife.com/The Gap and The Gain: The High Achievers' Guide to Happiness, Confidence, and Success. Link to book: https://a.co/d/8CIGbTL
Do You Ever Wonder welcomes Stuart Gelb, CEO of The Liquidity Source!There are more than $4.4 trillion of outstanding commercial mortgage loans, and in 2023 $728 billion, and in 2024 $659 billion, are going to need to be refinanced.No Easy Task!Factors compounding the sheer size of these numbers are many, with one being the fact that Signature Bank, a major lending player in the commercial mortgage market (12% in NYC), failed and was acquired by Flagstar Bank.But It's Not Just Signature Bank!There is a Perfect Storm of Issues Hitting the CRE Mortgage Market!▲Interest and Mortgage Rates are Significantly Higher▼Net Operating Income in Many CRE Sectors is Down▲Cap Rates are Higher▼Loan to Value is Lower▲Underwriting Parameters at Lenders Will Be Increasingly Stricter▼Lenders Looking to Actually Lend are Decreasing▲Compensating Balances Will Be Required By Lenders▼Some Sectors of the CRE Market are Historically Out of FavorSo What is a Borrower to Do?Lenders that are actually looking to make loans are needed, along with someone who knows how to find them!But more than that, whoever is helping a borrower needs to take a holistic approach by sitting down with that borrower to determine what their unique situation may be.All loans are not created the same, and a CRE mortgage professional can help a borrower get the right loan that works for them.That's where a broker like The Liquidity Source and Stuart Gelb come in. Stuart is in touch with hundreds of lenders around the country knowing each one's appetite for specific types of loans in the various CRE sectors.No longer does it work to go down to the corner bank, present your loan scenario, and sit back while a commitment is determined and presented to you. A mortgage professional who can help address your individual needs is required!Stuart can be reached at The Liquidity Source, or by email at stuart@theliquiditysource.com. ________________________________________________Please subscribe to Do You Ever Wonder using the two links below, and don't be shy about sharing the links with your friends.Subscribe on your favorite streaming platform here: https://areyouwondering.buzzsprout.com/shareSubscribe to Do You Ever Wonder on YouTube here: https://www.youtube.com/channel/UCzmL4Yaump_9Q7tMSChDoUQ____________________________________________Are you interested in appearing as a guest on the Do You Ever Wonder podcast?The Do You Ever Wonder podcast is brought to you by New York title insurance provider Hallmark Abstract Service, and hosted by its CEO Mike Haltman.Hallmark Abstract Service...You Buy, We Protect!Read the article 'Are New York Title Insurance Providers All The Same?' here, https://www.hallmarkabstractllc.com/?p=10321.Questions about the podcast, NY title insurance, or the RE transaction process? Let us know at Hallmark Abstract Service at (646) 741-6101.
Real Estate Wealth Builders: Unlocking Profit Potential through Net Operating Income Join host Vinney Chopra, renowned real estate expert and investor, as he delves into the world of maximizing Net Operating Income (NOI) in the real estate industry. In each episode of "Real Estate Wealth Builders," Vinney shares invaluable insights, strategies, and practical tips for property owners, managers, and investors looking to increase rental income, enhance property value, and achieve long-term financial success. From understanding the importance of NOI and its distinction from net operating cash, to exploring innovative ways to bring rental income closer to market rates, Vinney leaves no stone unturned. Discover how optimizing occupancy rates, strategically raising rents, and implementing value plays can transform underperforming properties into profitable assets. Vinney's expertise extends beyond rental income. He sheds light on the various expenses that impact NOI, including taxes, insurance, marketing costs, property management, and payroll. Learn how to effectively manage these expenses and identify opportunities for cost reduction to maximize your bottom line. The podcast also dives into the world of property upgrades and amenities as catalysts for income growth. Vinney discusses the power of smart technology integration, security measures, and resident-focused special events in elevating property value and tenant satisfaction. Plus, gain insights into negotiating with contractors to ensure seamless property takeovers without disrupting tenant occupancy. Whether you're a seasoned real estate professional or just starting your journey, "Real Estate Wealth Builders" equips you with the knowledge and strategies needed to increase your Net Operating Income and create a prosperous real estate portfolio. Tune in to this podcast and unlock the keys to building wealth through NOI optimization. Don't forget to head over to iTunes to subscribe, rate, and leave a review. It's very much appreciated. https://podcasts.apple.com/us/podcast/syndication-made-easy-with-vinney-smile-chopra/id1473126675 INVEST with Vinney [Accredited Investors ONLY]: https://vinneychopra.com/invest/ https://www.accreditedinvestor.blog/book-a-call LEARN from Vinney: https://vinneychopra.com/mentoring Want more information about value-add multifamily investment properties? Click here: https://multifamilymentor.blog
Roschelle McCoy has been investing in real estate since 2017 and currently controls over $6M worth of real estate assets in Illinois and Florida. Her portfolio began with single family and small multifamily properties which she forced appreciation by 2x and doubled the Net Operating Income in three short years. Now focused on large multifamily investing, she's both a limited partner and general partner in nearly 300 units. Today, we discuss how her career in management and the skills of developing systems and processes has set her up for success in the multifamily world. She also reveals what incredible software her team uses to help inspect and manage their properties. Don't miss it! Connect with Roschelle: Website: https://www.investtitanium.com/ LinkedIn: https://www.linkedin.com/company/investtitanium FB: https://fb.me/investtitanium Instagram: https://www.instagram.com/investtitanium/ Roschelle's Prayer Request: Busy season of life and helping plan a St. Jude run in August. Thank you to our sponsor for this episode: Prominent Title: https://www.prominenttitleagency.com/ Contact Rob at: robert.calabrese@ptagency.com Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: info@threefoldrei.com, 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
As inflation has taken a big bite out of renter's pocketbooks, delinquencies on C Class apartments have increased, and prices on these assets have come down. In the next couple years, a lot of inexperienced operators who bought these properties and not significantly improved Net Operating Income, will have trouble getting extensions on their loans. This will result in great buying opportunities for experienced operators to acquire these assets at reduced prices. John Cohen, Founder and owner of Toro Real Estate, has done incredibly well in C Class properties in Columbus, Ohio and the Carolinas, and sold most of these properties over the last couple years. John has recently focused on ground up development.
In most tertiary markets in the Midwest, there's been very little new building of multifamily housing in many years. Therefore, buildings in many of these markets have very high occupancy levels. These markets also tend to have smaller, ma and pa management, so there's a lot of opportunity to reduce operational costs and raise rents, thereby improving Net Operating Income and creating great cash flow. Seth Teagle, Principal of The Stream Group, a vertically integrated multi-family operator, has built an impressive portfolio of C and B class properties in Central Ohio. Over the past few years, Seth has learned from mistakes on how to accurately budget for cap-ex on heavy value-add projects, an area where a lot of inexperienced operators go wrong.
Kevin Gardner spent nearly 20 years with Comcast and was responsible for managing the team that negotiated agreements with multifamily property owners. For Multifamily Property Owners across the country and their management companies, Kevin's experience has resulted in favorable contract terms and improved Net Operating Income.In 2021, Multifamily Utility Solutions clients increased their NOI by more than $4,000,000 resulting in an increase in asset value of over $100,000,000. Kevin is also the author of Change Your Thinking, Ignite Your Life: What Are You Telling YourselfDownload the full episode here: https://www.buzzsprout.com/1650301/11896609-episode-79-driving-huge-increase-in-net-operating-income-through-utilities-negotiations-with-kevin-gardner.mp3?download=trueKey topics in this episode: How Kevin leverages contract terms to drive NOI for multifamily owners, specifically in the utilities space around cable and internet Key messages in Kevin's book and his purpose/drive in his business Kevin's eye opening moments during his journey from recovery over the past 6 years Get in touch with Kevin: www.MultifamilyUtilitySolutions.com#podcast #multifamily #assetmanagement #podcasting #podcastlife #financialfreedom #investing #cashflow #redlineequity #crushingit #crushingcashflow #gains #finance #buildingwealth #coffee #coffeedrinkers Learn more about investing with us www.investwithredline.com
Kevin spent nearly 20 years with Comcast and was responsible for managing the team that negotiated telecommunications access agreements with multifamily property owners.In 2007, Kevin started Telecom Marketing Strategies (Parent company of Multifamily Utility Solutions). In 2017, Multifamily Utility Solutions became its own entity to better serve the needs of Multifamily Property Owners.For Multifamily Property Owners, Kevin's experience has resulted in favorable contract terms related to their telecommunications agreements which are important even if Owners do not pay for their residents' cable. At the request of clients, MUS expanded their services to include electric and gas utilities. Now MUS clients can benefit from improved Net Operating Income in multiple utility services.MUS serves clients across the country with as few units as a hundred to ones with thousands.After decades working for cable companies and both negotiating and overseeing the departments that negotiated multifamily access agreements with property owners, Telecom Marketing Strategies began to offer the benefit of this experience to multifamily property owners.As demand grew, property owners requested assistance with their other utilities and Multifamily Utility Solutions was born.Multifamily Utility Solutions now does business throughout the US for multifamily property owners with as few as 50 units and others with thousands of units.https://multifamilyutilitysolutions.com/(248) 930-4768Kevin@MultifamilyUtilitySolutions.com111 Pearl Road, Brunswick, OH 44212
When things go wrong in a smaller apartment deal, it can wipe out all the Net Operating Income and profit in the deal. On bigger deals over 100 units, the property can absorb a lot more unexpected costs or mistakes before it erodes all the profit. Augostino Pintus, founder of Realty Dynamics Equity Partners in Cleveland, realized early on that it was much easier for him to operate bigger buildings. He also chose the Cleveland market because it didn't have the crazy competition of many markets in the South and Southwest and he could get better returns. Now that even Cleveland has gotten more expensive, Agostino is doing ground up multifamily development in urban infill areas where young professionals are moving into. He's also started a fund of NNN lease properties where he's generating monthly checks for his investors.
This episode is a compilation of answers to YOUR questions that were asked directly from my listeners who attend my weekly business education YouTube live webcast. Topics covered include: How government bonds work, Net operating income for real estate, Is price and volume important to look at when investing and more. Refer to chapter marks for a complete list of topics covered and to jump to a specific section. Download my free "Networking eBook": www.harouneducation.comAttend my weekly YouTube Live every Thursday's 8am-11am PT. Subscribe to my YouTube Channel to receive notifications. Learn more about my MBA Degree ProgramConnect with me: YouTube: ChrisHarounVenturesCompleteBusinessEducationInstagram @chrisharounLinkedIn: Chris HarounTwitter: @chris_harounFacebook: Haroun Education Ventures TikTok: @chrisharoun
On today's episode Bill discusses how important it is to know what your Net Operating Income is. You don't want to miss it! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks Instagram: @BillFaeth73 Tik Tok: @bfaeth
Technology has a way of doing things bigger, better, and faster, and in doing so, it has the ability to disrupt established business plans, markets, and entire industries completely. Today's guest Neal Bawa is known as the “mad scientist of multi-family” and in this episode, he warns us that if we ignore the developments in PropTech it could be detrimental to our livelihoods as real estate asset managers. He also explains that by getting ahead of the game there are a lot of expenses that can be reduced and money to be made from the innovative developments in this field. Neil is a data guru, process freak, and outsourcing expert with almost $1 billion in assets in his portfolio and 800 active investors. He is well known for his ability to apply big data, big data analytics, technological processes, and outsourcing to real estate. Listening in you'll hear more about what PropTech is, what you can do with it today, and what you will be able to do with it in the future. To hear about some revolutionary ways to save money on real estate management, from smart vents to water leak detection devices, robots security guards, and others, tune in today! Key Points From This Episode:An introduction to Neal Bawa and how he came to be known as the “mad scientist of multi-family”. How he applies analytics to different asset classes to figure out which are performing better at any given time. An introduction to what PropTech is, what you can do with it today, and what you will be able to do with it in the future. The power of technology to disrupt business models and why everyone should follow developments in PropTech. The example of smart vents to demonstrate the value of PropTech. Water leak devices as a way of reducing insurance costs. How not staying up to speed with advancements in technology can cost operators money.Moving robots in the place of security guards as a way to save you money.How PropTech can help you generate income from a pet lease. Technological developments that we will benefit from in the future; including 3D printing and modular construction. Parking machines as a solution for land shortages. Why Neal considers his employees in the Philippines to be his asset management superpower.Links Mentioned in Today's Episode:Neal Bawa on LinkedIn Neal Bawa on TwitterReal Estate Asset Management Podcast Episode #5 on BuzzsproutMultifamily University MFIN ConferenceAsset Management Mastery Facebook GroupBreak of Day CapitalBreak of Day Capital InstagramBreak of Day Capital YoutubeGary Lipsky on LinkedIn
Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles
If you are an apartment investor…you need to know what all your costs are going to be in the future. How much for insurance? How much for property taxes next year? How much is my debt service going to be for next year? Am I going to have a NET OPERATING INCOME or a NET OPERATING LOSS? JP Conklin gives us an idea on where interest rates are headed. Typically, your mortgage is the largest line-item expense on your operating statement… It would be good to know if you have an adjustable rate or if you are going to refinance in the future…on where interest rates are headed. JP gives you some insight. Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker's Real Estate Syndication business with SPI Advisory LLC. Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.
When you close on an apartment syndication deal, the work is just getting started. Asset management involves maximizing the potential revenue at a property, and identifying new ways to create and grow long term value by increasing the property's Net Operating Income. While your marketing might be what attracts passive investors, asset management is what keeps them coming back! Whether you're an operator, capital raiser, or passive investor, understanding asset management at a fundamental level is essential to making savvy investment decisions. Over the past few years, many operators have benefited from strong markets and rising rental premiums. However, in hard times, the asset manager determines how the property performs. For these reasons, we brought on an asset management expert to discuss these timely topics. Sandhya Seshadri is an experienced apartment syndicator in Dallas with over $100M hundred million dollars in assets under management. Sandhya is experienced in all aspects of multifamily Syndication from underwriting and broker relationships to raising capital and asset management to execute the business plan. In this episode, Kerwin and Sandhya dive into why asset management is so important, particularly during an economic downturn. She also mentions why she keeps cash reserves, managing a property management company, and important KPIs she tracks to ensure her properties perform. She also explains how she manages her capital expenditures budget, why she doesn't assume large rent bumps in her underwriting, and much more. This is an episode you cannot afford to miss! Connect with Sandhya: Website: www.multifamily4you.com Linkedin: Linkedin.com/in/multifamily4you If you want to download our FREE 5 Mistakes New Investors Make Playbook, go to www.donisinvestmentgroup.com/playbook. Follow Us: @donisbrothers on Instagram, Twitter, Facebook @Donis Investment Group on Linkedin Website – www.donisinvestmentgroup.com
This week's podcast guest is Casey Grey In this episode, you will learn about: CMHC financing and multifamily investment insights What is an environmental assessment? Refinancing and knowing your exit strategy What is NOI or Net Operating Income?... Read More
I'm always fascinated at how technology and innovation can disrupt the traditional way of doing business—especially in the rental property and real estate investing space. Today's guest started a proptech company whose mission is to challenge outdated practices to improve the rental experience for tenants and small mom-and-pop landlords. As a serial entrepreneur in the real estate space, Daniel Mishin founded June Homes to create a substantially better experience for thousands of tenants across NYC, D.C., San Francisco, Los Angeles, Philadelphia and Boston. Daniel also secured over $50 million in funding from venture capital and angel investors. Today Daniel delivers a very important warning about the future of traditional property management methods. Tenants are looking for flexibility in the way they rent, the duration of their lease, and the amenities that are offered. Daniel is going to tell you how to future-proof your rental business and why your website is already outdated. Today's episode might make you a little uneasy about the way you traditionally manage your rentals. But you'll also gain fascinating insight into the future of renting and what you must consider to increase your chances of success. You can find out more at https://junehomes.com. 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
The Investor Relations Real Estate Podcast Episode 51 - If You Take Care Of Enough Of Those Little Things, They Start Adding Up To Be Big Things Host: Jonny Cattani Guest: Kevin GardnerProducer: April MunsonJonny Cattani is joined by Kevin Gardner to discuss: Why internet agreements are necessaryThe various types of agreements (bulk, non-bulk) How this adds to the bottom line Our Free AssessmentMUS win-win compensation modelKevin spent nearly 20 years with Comcast and was responsible for managing the team that negotiated agreements with multifamily property owners. For Multifamily Property Owners across the country and their management companies, Kevin's experience has resulted in favorable contract terms and improved Net Operating Income. These telecommunications agreements are important even if Owners do not pay for their residents' cable or internet as access to their property has value. MUS helps owners realize this value. MUS serves clients across the country with as few as a hundred units to one's with thousands. In 2021, MUS clients increased their NOI by more than $4,000,000 resulting in an increase in asset value of over $100,000,000.Linked material referenced during the show: Book: The Go Giver - Bob Burghttps://www.amazon.com/Go-Giver-Expanded-Edition-audiobook/dp/B0168Y6UO6/ref=sr_1_1?crid=2L46GNKA4K9QV&keywords=the+go+giver&qid=1654555691&s=audible&sprefix=the+go+giver%2Caudible%2C92&sr=1-1Book: Never Split The Difference - Chris Voss https://www.amazon.com/Never-Split-Difference-audiobook/dp/B01COR1GM2/ref=sr_1_1?crid=B4UBI0PI3IFN&keywords=never+split+the+difference&qid=1654555657&sprefix=never+split+the+difference%2Caps%2C104&sr=8-1Connect with Kevin!Email: Kevin@MultifamilyUtilitySolutions.com Phone: (248) 930-4768Connect with Jonny!Cattani Capital Group: https://cattanicapitalgroup.com/Invest with us: invest@cattanicapitalgroup.comLinkedIn: https://www.linkedin.com/in/jonathan-cattani-53159b179/Jonny's Instagram: https://www.instagram.com/jonnycattani/IRR Podcast Instagram: https://www.instagram.com/theirrpodcast/TikTok:https://www.tiktok.com/@jonnycattani?lang=enYouTube: https://www.youtube.com/channel/UCljEz4pq_paQ9ke
Often new passive investors start with a shotgun approach when it comes to sponsors - invest with a lot of different sponsors at the minimum and you do your best to vet each one. That is how Travis Watts, the Director of Investor Relations at Ashcroft Capital, started his passive investing journey. Now that he has a stable of sponsors he knows, likes and trusts - he is investing larger amounts with fewer sponsors. Join Jim Pfeifer as he and Travis talk about investing strategies, sponsor selection, the importance of setting goals and paying attention to the most critical metric in the proforma, Net Operating Income. Tune in for great tips and tricks from a very experience passive investor! 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.
Hey! Jason Yarusi here.I recently hopped on a call with one of our 7 Figure Multifamily Members, Jarek Chu.He's asking the value-add questions you should to be asking too.Your value-add plan is so much more than just raising the rents.These are my tips you can implement from Day 1 that will not only improve your tenants' lives but also the value of your building (which means more money in your bottom line).Listen in now!Connect With Jarek ChuWant to connect with Jarek? Connect with him at Want to Learn More About Multifamily Real Estate Investing?If you're an experienced real estate investor and you're ready to get around a community of active multifamily real estate investors who will support you, hold you accountable, and push you to set goals that inspire you as you grow your business, check out 7 Figure Multifamily and see if it looks like a good fit. If it is, I invite you to join in. If you have any questions, please reach out!- CLICK HERE: https://7fm.7figuremultifamily.com/7fmgroup====================Want to continue your multifamily real estate journey? Here are a few more resources to check out...We're holding a live, 3-day IN-PERSON event called Multifamily Live on June 2 - 4… and we're going to open the doors and walk you guys through literally every step of what we're doing on our multifamily deals.We've done events before but nothing this massive or this valuable... But spots are limited… sign up below!- CLICK HERE: MultifamilyLiveEvent.comMultifamily Live Podcast: Subscribe and get more episodes like this one delivered to you every week! Click Here: https://www.7figuremultifamily.com/multifamily-live-podcastFacebook Group: We've built a community of serious investors who are learning and growing their businesses together. Join the Group on Facebook: https://www.facebook.com/groups/multifamilylive/7FigureMultifamily.com: Learn more about who we are, our mentoring groups, upcoming events, and the causes we support at our website. Plus, grab some free downloads and other materials to help you on your real estate investing journey! Click Here: https://www.7figuremultifamily.com/ See acast.com/privacy for privacy and opt-out information.
Flow State of Mind Podcast | Health | Fitness | Physique | Psychology | Business
We know how important protein, fat, and carbohydrates are for a physical transformation but what are the "business macros"? I want to share with you what I believe are the cornerstone metrics to measure when it comes to your business as you grow and evolve. Time Stamps: (2:20) Numbers You Should Be Tracking (5:10) Example of Gross Margin (5:53) Net Operating Income (8:30) Marketing (9:03) Overhead (14:58) Todd Herman Example ---------------- Imagine Being Able To Walk Away From a 2-Day Mastermind Weekend With the Exact Steps to Start, or Scale Your Fitness Coaching Business + Meet Your New Tribe Who Actually “Get It” If this sounds interesting… join Us at the Next Fit Biz Mastermind Weekend - The ONLY live event for fitness coaches that not only teaches you how to increase your income + impact but also will help you eliminate imposter syndrome. December 3-4 in Scottsdale, Arizona! Day 1: 10X YOUR INCOME & IMPACT - Learn How to generate more leads, sign high-paying clients, and grow a respected brand + more! Day 2: Destroy Imposter Syndrome: Learn how to get insane client results, and build a thriving community that “runs on it own.” P.S. Save $150.00 on Your Ticket with Early-Bird Pricing! To Learn More + Get Your Ticket Before They Sell Out! → CLICK HERE ---------------- Want to learn how we can help you start, or scale your online fitness business FOR FREE? Download our 5 New Clients in 5 Days Mini-Course [$4,995.00 Value] The Course Includes…. How We Generate 300k/ Mo From a Free FB Group Our Instagram Secrets Masterclass - How To Use IG To Generate 10-30 New Clients Every Month + Grow an Engaged Loyal Following. What systems, apps, and processes we use in our own business and in the 700+ IFCA client businesses we've helped to structure and streamline. Our Top 10 Organic Fitness Posts That Have Generated More Than 45,675 Likes, 2,560 Comments, and 1,876 New High-Paying Fitness Clients in our Own 7-Figure Online Fitness Business. Our Done-For-You Content Calendar 100+ Posting Ideas Guaranteed To Bring You Pre-Sold Leads, Grow Your Following + Create REAL Authority and Connection Online. How To Craft An Offer That Sells Itself - 5 Keys To an Irresistible “Switch Offer” Our Objection Handling Masterclass - How To Eliminate “I can't afford it” + “I need to talk to my spouse” To Access, Join Our Fitness Business Secrets™ Private FB Group and You'll gain access as soon as you join! To Join For Free Click → JOIN THE FIT-BIZ SECRETS FB GROUP ---------------- Learn More About Impact Fitness Coaching Academy, To Learn More About I.F.C.A - And How We've Helped More Than 725 Fitness Coaches, Experts, and Influencers Grow a 5-35k Per Month Online Fitness Business Without Paid Ads, Complicated Funnels, or Even Having a Large Social Media Following Click Here→ VISIT THE IFCA PAGE ---------------- GIVEAWAY! Leave a rating + review on iTunes, and Have a Chance To Win a $200 Amazon Gift Card + Special Prizes! Winners Announced Monthly on The Episode. Simply leave a review, and send a screenshot to the Fit Biz Podcast Instagram Page!
Are you interested in venturing into real estate syndications through passive investing? Do you think your current knowledge in investing is enough to help you succeed? Come and join us in today's episode with Aryeh Sheinbein as he shares his more than twenty years of experience in the financial services industry. He describes some of the motivations that different platforms and operators have when presenting opportunities and how this could influence the performance of an investment. Aryeh also discusses some of the popular metrics sponsors use in their investment presentations and the importance of properly analyzing the sponsor prior to making an investment. Stay tuned to learn different strategies and to help you gain a deeper understanding of passive investing!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.
Opticwise CEO, Bill Douglas, joins Dan and Wayne to discuss how technology is enabling commercial real estate to increase tenant occupancy and retention as well as drive higher revenues. The resulting impact is improved Net Operating Income and asset value. By combining traditional networks like Wi-Fi with advanced controllers and SaaS systems, commercial real estate can eliminate the numerous disparate external telecom services that provide no direct value and provide tenants a holistic data/telecom experience the building owner controls and monetizes without dependency on external service providers. We talk through the technical as well as business dynamics of this new approach to leveraging wireless as the 4th Utility. LINKS: Connect with Us: Website: https://5gguys.com Submit Your Ideas or Feedback: https://5gguys.com/contact-2 Facebook: https://www.facebook.com/5Gguys LinkedIn: https://www.linkedin.com/groups/12515882 Twitter: https://twitter.com/5gGuys QUICK EPISODE SUMMARY Get to know Bill The technology Bill and his Company uses to solve problems Why property owners should be thinking differently Keep your passwords protected The future problem Bill predicts The similarities in Bill's clientele What will be enabled in a 5G world
Jason Stofer attended Golden Gate University, graduating in 2007 with a BS in Computer Information System and then a Master's in Business Administration in 2016. He has worked for exceptional companies such as Chevron, Inc., General Electric, and Williams-Sonoma, Inc. He recently became an Owner/Operator in a 15,500 SQ FT storage facility in Columbia, MO. He leveraged his 20 years of Information Technology, Lean & Six Sigma, and Project Management experience to rapidly improve the Net Operating Income of the property by implementing cost saving technologies and operating practices. He focuses his efforts on acquiring self-storage, class B & C properties in the across the US. Jason is my partner in self storage investing. In this episode, you learn how Jason got into self storage and also what product he has to offer for those looking for syndicate deal analyzer and market study analysis. He has his own group called smart storage group. CONNECT WITH JASONWebsite: https://www.smartstoragegroup.com/CONNECT WITH JONATHANTo connect with Jonathan, you can send email at info@greystonecapgroup.com or schedule a time to chat.To learn more about real estate investment opportunities, join the Greystone Capital Investor Network. Thanks for listening and until next time, keep building wealth in Commercial Real Estate!
Kevin spent nearly 20 years with Comcast and was responsible for managing the team that negotiated telecommunications access agreements with multifamily property owners.In 2007, Kevin started Telecom Marketing Strategies (Parent company of Multifamily Utility Solutions). In 2017, Multifamily Utility Solutions became its own entity to better serve the needs of Multifamily Property Owners.For Multifamily Property Owners, Kevin's experience has resulted in favorable contract terms related to their telecommunications agreements which are important even if Owners do not pay for their residents' cable. At the request of clients, Multifamily Utility Solutions expanded their services to include electric and gas utilities. Now Multifamily Utility Solutions clients can benefit from improved Net Operating Income in multiple utility services.Multifamily Utility Solutions serves clients across the country with as few units as a hundred to ones with thousands.Contact Kevin Gardner and Multifamily Utility Solutions:Visit Multifamily Utility Solutions: LinkKevin Gardner on LinkedIn: LinkCall Multifamily Utility Solutions: (248) 930-4768Email Multifamily Utility Solutions: info@MultifamilyUtilitySolutions.com
In today's episode we have Brian Duck and Braden Cheek from The Criterion Fund, and Joel Thompson from Precision Equity taking a deep dive into three terms you MUST know when you start investing in Commercial Real Estate. Topics discussed: Net Operating Income or NOI - This is going to be your profitability on the property BEFORE any debt service. Cap Rate - A Cap Rate is your annual return assuming you paid for the property in CASH and have NO DEBT SERVICE on the property. Cash on Cash or CoC - Simply stated it is the CASH you receive in a year (any distributable cash to you, the investor) divided by the total amount of CASH you have invested into the deal. *Be Sure to check us out on Youtube for the Video version of today's episode!** https://youtu.be/e5OCmVevPOU Links mentioned in this episode: www.thecriterionfund.com www.howtoinvestincre.com To sign up for our exclusive investor list, click below. https://thecriterionfund.appfolio.com/im/investor/contact-us
Can you have your cake and eat it too with commercial real estate? It absolutely can be done if you have the 4 essential ingredients; increasing cashflow, building equity, the ability to do a cash-out refinance, and the use of that cash out refinance proceeds to invest in the next property. As you increase your cash flow, you also increase your Net Operating Income (NOI). Increasing your NOI, builds up your equity, which enables you convert some of that equity into cash through a "cash out refinance". Then, you can take that excess cash and use it to purchase your next property. The cash flowing property is what I call the delicious cake and using that cash flowing property to invest in a new deal is what I mean by eating it too!
Jason Hartman and Adam start today's show with some more details about the exciting (and potentially very lucrative) contest that's going on called The Empowered Investor. You could potentially win a $3,000 cruise allowance and 2 tickets to Profits in Paradise! Then Jason plays a clip from Frank Gallinelli where Frank explores two things that real estate investors need to understand, even if you don't use them every day: Net Operating Income and Capitalization Rates. Finally Jason talks with Ray Hespen, co-founder and CEO of Property Meld, about how property owners can proactively close the problem areas that tenants and landlords have in order to retain the tenants longer. Learn how tenants like to be contacted in today's age, why they leave, and how Ray's software may be able to help you. Key Takeaways: [2:46] How to enter the Empowered Investor challenge and win free tickets to Profits in Paradise [5:55] Deadline for submissions is midnight EST, Monday September 23, 2019 [7:35] Frank Gallinelli presentation on Net Operating Income and Capitalization Rates Ray Hespen Interview: [21:33] What issues does Property Meld address to help the tenant? [23:27] Around 1/3 of all non-renewals are due to poor maintenance experiences [29:02] The strongest correlation between maintenance requests and renewals is speed, hands down [31:35] Renters nowadays want to be texted, not called Website: www.JasonHartman.com/Contest www.PropertyMeld.com www.RealData.com