Podcasts about NOI

In this episode of the Global Investors Podcast, host Charles Carillo speaks with Luke Leins, SVP of Business Development at ResProp Management, about what truly drives success—or failure—in apartment property management. Drawing from experience managing over 23,000 multifamily units, Luke explains why property management is one of the most overlooked yet most critical drivers of NOI. The discussion covers multifamily property management strategy, third-party management, and how real estate operations directly impact investor returns. Luke breaks down common mistakes investors make, including unrealistic pro formas, payroll misrepresentation, and involving property managers too late in the acquisition process. He also shares practical guidance on property management due diligence, staffing and culture, and how to choose the right third-party property manager. This episode offers a clear, operator-level look at how apartment property management shapes long-term real estate performance.   Learn More About Luke Here: ResProp - https://www.respropmanagement.com/ Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/  ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

In this episode, Cody sits down with special guest Walter Peseski (LinkedIn: https://www.linkedin.com/in/walter-peseski/), Senior Vice President of Asset Management at Garfield Public/Private—one of the most respected firms in the development and public/private partnership space.With more than 30 million square feet developed, over $11 billion in financing structured, and $2 billion in successful public/private projects, Garfield brings unmatched expertise to how hospitality assets are managed, financed, and optimized.Walter, a 20-year hospitality veteran with leadership experience at Disney, Hilton, and Wyndham, offers a rare and insightful look into how hotels truly operate behind the scenes—and what owners don't know they should be asking.

Axel welcomes back Stacey Hampton, founder of Asset NOI Consulting, for a highly tactical conversation focused on improving multifamily operations in today's challenging environment.Stacey breaks down how asset managers can move beyond surface-level KPIs and start focusing on the metrics that actually drive performance. She explains how to turn annual budgets into actionable operating plans, how to think strategically about lease expirations throughout the year, and why understanding the true cost of turnover fundamentally changes decision-making.The conversation also dives deep into renewal strategy, retention timing, workforce housing dynamics, and why optimizing for cash flow, not just rent growth is critical for long-term operators.This episode is a must-listen for owners, asset managers, and operators who want to tighten operations, protect NOI, and make better data-driven decisions.Join us as we dive into:The difference between asset management strategy vs. property management executionHow to convert a budget into a clear, measurable action planWhy landing Q1 is critical to hitting annual NOI targetsHow to intentionally manage lease expirations across the calendar yearThe real, fully-loaded cost of a unit turnoverWhy retention and occupancy are often more powerful than rent growthTools and AI resources Stacey is using to stay ahead of operational trendsAre you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.NH Multifamily Fund III Details:Download The OM For The NH Multifamily Fund IIIAccess The Deal Room For The NH Multifamily Fund IIIConnect with Axel:Follow him on InstagramConnect with him on LinkedinSubscribe to our YouTube channelLearn more about Aligned Real Estate PartnersConnect with Stacey:Connect with him on Linkedin

In this episode, Ashkán Zandieh from CRETI, the Center for Real Estate Technology & Innovation, joins us to explore how investor-led, operations-first proptech is driving measurable NOI, as well as about where capital is flowing—electrification, fintech infrastructure, and applied AI—and the KPIs and guardrails property managers need to evaluate real ROI. To learn more about CRETI, visit creti.org. We'd love your feedback to help us make this podcast even better for you. We've created a short survey, and your input will help guide us. Here is the link to the survey: From the Front Lines feedbackIt will be open until January 16th. Please take a few moments to share your thoughts—we really appreciate it!Find knowledge for the dynamic world of real estate management at irem.org.

Germania urmează să trimită trupe în Polonia, în efortul de a consolida flancul estic al NATO. Mișcarea vine în contextul creșterii îngrijorărilor cu privire la planurile agresive ale Rusiei. Numărul soldaților este mic, misiunea lor este pur defensivă, dar semnificațiile acestui gest sunt importante. Germania va trimite soldați Bundeswehr pentru a ajuta Polonia la granița sa estică cu Belarus și cu exclava rusă din Kaliningrad. Potrivit unui purtător de cuvânt al Ministerului Apărării din Germania, principala sarcină a soldaților germani din Polonia va consta în „activități de inginerie militară”. Ei vor ajuta la „construirea de fortificații, săparea de tranșee, instalarea gardurilor de sârmă ghimpată sau ridicarea de bariere pentru tancuri”. Potrivit oficialului de la Berlin, efectivele trimise vor fi de aproximativ 50 de militari. Se așteaptă ca militarii să participe la proiect din al doilea trimestru al anului 2026 până la sfârșitul anului 2027. Purtătorul de cuvânt a subliniat că nu este necesară aprobarea parlamentară pentru desfășurare, deoarece „nu există niciun pericol imediat pentru soldați din cauza conflictelor militare”. Deși numărul militarilor germani care ajută la efortul de apărare al Poloniei este mic, simbolistica este importantă. Gestul este menit să arate Rusiei că europenii iau amenințările în serios și că sunt uniți în fața acestora. Anunțul de la Berlin vine după ce cancelarul Friedrich Merz a avertizat că Vladimir Putin va continua războiul, dacă Ucraina va cădea. Într-un discurs ținut sâmbătă, la o conferință a Uniunii Creștin-Sociale din Bavaria, el l-a comparat pe președintele rus Vladimir Putin cu Adolf Hitler. „Așa cum Sudeții nu au fost suficienți în 1938, Putin nu se va opri”, a spus Merz, referindu-se teritoriul Cehoslovaciei pe care aliații i l-au cedat liderului nazist prin acordul de la Munchen. De asemenea, într-o conferință desfășurată joi la Berlin, secretarul general al NATO, Mark Rutte, a avertizat statele membre ale alianței în privința amenințării Rusiei și a cerut cheltuieli mai mari pentru apărare, inclusiv ca reacție la noua strategie de securitate a SUA. „Noi suntem următoarea țintă a Rusiei. Și suntem deja în pericol”, a declarat Rutte la Berlin. Într-un discurs cu accente sumbre, el a spus că trebuie să  ne pregătim ”pentru un război de amploarea celui pe care l-au îndurat bunicii și străbunicii noștri.” Să mai amintim că, de la invazia pe scară largă declanșată de Rusia în 2022, Varșovia a susținut cu fermitate Kievul și a fost o rută de tranzit pentru armele furnizate de aliații occidentali ai Ucrainei. La rândul ei, Germania este al doilea cel mai mare furnizor de ajutor militar al Ucrainei după Statele Unite. Berlinul a trimis Kievului o cantitate imensă de echipamente, de la sisteme de apărare aeriană la vehicule blindate. După instalatrea președintelui Donald Trump la Casa Albă, Uniunea Europeană și-a asumat singură susținerea financiară pentru Urcaina, inclusiv prin cumpărarea de echipamente militare din Statele Unite. Ascultați rubrica ”Eurocronica”, cu Ovidiu Nahoi, în fiecare zi, de luni până vineri, de la 8.45 și în reluare duminica, de la 15.00, numai la RFI România

Europe's Housing Imbalance and the Living Opportunity with Tom Livelli, Partner and Head of Living Strategies, Europe at EQT Real Estate This week, I sat down with Tom Livelli to dive into how Europe's chronic housing undersupply, shifting renter behaviour, and capital rotation are shaping one of the most compelling living strategies in global real estate today.   Tom is a Partner with EQT Real Estate and Head of Living Strategies, Europe, based in Madrid. Before EQT, he helped build Greystar's South American business from a laptop in a Santiago coffee shop into a billion dollar platform, and previously led large scale residential and mixed use projects in the US, Latin America, and Central America. His career spans military housing, emerging markets, and now a pan European living platform backed by EQT's active ownership model.   We unpack how his experience across eleven countries informs his view of risk, liquidity, and political stability, why Europe's living sector now offers "higher return for lower risk," and how EQT is designing product, operations, and capital structures for the next phase of the cycle. Key Topics Covered in This Episode ✅ Building a Pan European Living Platform How EQT Real Estate has assembled a vertically integrated but not overbuilt living strategy across student housing and apartments, with local teams on the ground and a value add focus across multiple European markets.   ✅ From Military Housing and Central America to Greystar and EQT Why Tom's early work on military housing in the US, community building in Central America, and scaling Greystar in Chile gave him a deep appreciation for stable institutions, liquidity, and the realities of operating in emerging markets.   ✅ Designing a Higher Return Lower Risk Living Model How EQT is targeting urban, transit connected locations with minimal amenities, smaller minimum efficient scale, and lean operations to lower upfront investment, lift NOI margins, and tap deeper, more resilient segments of tenant demand.   ✅ Europe's Structural Housing Imbalance Why affordability pressures, later first time homeownership, and longer rental periods are driving an extraordinary surge in rental demand across Europe, and why Tom believes this supply demand gap gives the living sector significant room to run.   ✅ Capital, Cycles, and Europe versus the US How global institutions are viewing Europe relative to the US today, why accretive debt and repricing are creating a window for value add capital, and where Tom sees the most interesting opportunities by country and sector over the next few years.   And of course, I asked Tom the big question: Who are the People, what Property, and which Place would you invest in if you had £500 million to deploy? If you have thoughts or questions about this episode, drop them in the comments. I'd love to hear your take. The People Property Place Podcast is powered by Rockbourne, recruiting leadership talent for real estate funds, owners, investors, and developers.

Noi credem cu tărie că un mesaj în care Evanghelia si Cuvântul lui Dumnezeu sunt centrale şi expuse autentic, are impact în viaţa ascultătorului.Aşadar, fie că eşti membru într-o biserică sau auzi pentru prima dată un mesaj de genul acesta, avem încredinţarea că dacă-l vei asculta cu seriozitate va fi benefic pentru viaţa ta.Credem cu tărie că Dumnezeul Triunic s-a revelat personal în Scripturi şi deasemena credem că a revelat omului planul Său cu privire la creaţie.De aceea încercăm, în măsura în care am fost înzestraţi de Duhul Sfânt, să transmitem mesaje fidele Scripturii, care afirmă despre ea însăşi, că este singura autoritate, suficientă pentru orice aspect important al vieţii omului. 2Timotei 3:15-17Suntem o comunitate de oameni obişnuiţi, păcătoşi şi imperfecţi dar care prin Harul Lui Dumnezeu, jertfa substitutivă a Domnului Isus de la cruce şi lucrarea tainică a naşterii din nou făcută de Duhul Sfânt, personal în fiecare dintre noi, am fost salvaţi, regeneraţi şi sfinţiţi.Credem deasemenea că suntem făpturi noi locuite şi abilitate de Duhul Sfant să trăiască o viaţă de sfinţenie pentru Gloria Lui Dumnezeu, având onoarea şi responsabilitatea să fim angrenaţi activ în lucrarea de răscumpărare a Lui Dumnezeu.Noi nu pretindem mesaje infailibile, dar pretindem că Biblia este infailibilă; Nu pretindem că avem monopolul Adevărului, dar pretindem că Hristos este "Calea, Adevărul şi Viaţa".De aceea scopul nostru nu este să te inducem în eroare sau să te amăgim, nici să spunem doar ceea ce vrei să auzi, ci este să expunem clar Cuvântul Lui Dumnezeu pentru ca Acesta să producă Credinţă autentică în viaţa omului şi să dea direcţie celor aflaţi deja pe calea sfinţeniei.Știm şi recunoaștem că suntem într-un proces de învățare continuă, astfel identificăm slăbiciuni în ceea ce privește expunerea Cuvântului lui Dumnezeu, pe care cu ajutorul Duhului Sfânt vom incerca să le diminuăm, dar în ciuda acestui neajuns universal valabil tuturor lucrătorilor de pretutindeni, avem certitudinea că preluate de Duhul Sfânt, mesajele noastre bine intenţionate vor fi de folos pentru o lucrare destoinică.Aşa că frate/soră sau prieten/ă drag/ă, dacă asculţi acest mesaj, te rog să inţelegi că Dumnezeu în providenţa Lui a decis să-l asculţi, intr-un scop pe care-L are cu tine personal, dar cu un beneficiu reciproc, probabil spre mântuire, pocăinţă, încurajare, zidire, mustrare, corectare, învăţare.Te încurajăm să ne contactezi (bisericaradiant.ro/) şi să ne spui cum ţi-a vorbit acest mesaj.

What do Wine Enthusiast pop-ups, perfume clusters, and Soho sidewalks have in common? For Beth Azor—everything.In this episode, Beth Azor shares takeaways from her recent trip to New York City for ICSC and a surprise game-changing experience: a guided Retail Safari through Soho. From trend-spotting new brands to seeing firsthand how tenant mix and experiential design shape leasing success, Beth breaks down why staying curious and walking retail neighborhoods is one of the best strategies for shopping center owners.You'll hear how grouping complementary uses, leveraging underutilized space for events, and drawing inspiration from high-street concepts can directly translate into NOI growth back home. Whether you're leasing, buying, or just trying to spark new ideas—this retail recon mission will open your eyes to what's next.

Mike Zlotnik - Tempo Funding On Investment Advice: "At the end of the day the best risk mitigation strategy is prudent diversification." Investing in real estate is often thought to be a great place to grow your wealth.  But often investors have other things going on and they don't want to deal with tenants, paperwork, searching out properties and all of the headaches that come with doing your own real estate investing. What if there were a way to invest in real estate in other ways?  Investing in the loans other people have on real estate, or investing with a group and getting into large commercial properties with leases that run decades long? Mike Zlotnik started Tempo Funding to help investors grow their money with real estate, without needing to get their hands dirty.  He shares his journey in the tech world to discovering the power of passive real estate investing, buying his first apartment in Brooklyn back in 2000, and growing into large-scale commercial projects like industrial facilities and open-air shopping centers. He explains Tempo Funding's focus on marrying “money and opportunity,” helping individuals, often those who have exited businesses or cashed in on appreciated assets, find reliable income streams backed by real estate. Listen as Mike explains his real estate investing strategies and how they may work for you. Enjoy! Visit Mike at: https://tempofunding.com/ https://www.instagram.com/tempofunding/   Podcast Overview: 00:00 "Triple Net Leasing Explained" 03:50 "Predictable Returns in CRE Investments" 08:17 "Long-Term Commercial Lease Structures" 10:46 Ground Leases and Property Ownership 13:36 Real Estate Tax Implications Simplified 19:31 Deploying Capital for Investments 21:29 Quarterly Distribution Expectations Explained 26:18 "Low Rates, Inflation, and Stimulus" 27:41 "Understanding Capitalization Rates" 32:22 Moore's Law and AI Progress 35:29 Interest Rates and Real Estate Trends 37:13 Industrial Investment: Focus on Longevity 40:49 "Branch Closures and Lease Management" 44:39 "From Tech Exec to Real Estate" 49:21 "Real Estate Value Through Leasing" 50:00 "Value-Add Real Estate Strategies" 54:07 "Strategic Capital for Specialists" Sponsors: Live Video chat with our customers here with LiveSwitch: https://join.liveswitch.com/gfj3m6hnmguz Some videos have been recorded with Riverside: https://www.riverside.fm/?utm_campaign=campaign_5&utm_medium=affiliate&utm_source=rewardful&via=james-kademan Podcast Transcription: Mike Zlotnik [00:00:00]: I had a successful career, had some exits. I was doing well, but I was a little burned out. I spent almost 15 years in technology. I had great friends. I liked it. Technology. Felt like I wanted something that I really didn't have to work all the time, something that I can make investment decisions and the money could work for me. So I discovered real estate passively in year 2000, buying my first apartment in Brooklyn. Mike Zlotnik [00:00:25]: And then I continued to buy more and passively. James Kademan [00:00:33]: You have found Authentic Business Adventures, the business program that brings you the struggle stories and triumphant successes of business owners across the land. Downloadable audio episodes can be found in podcast link found at https//:drawincustomers.com We are locally underwritten by the Bank of Sun Prairie, Calls On Call Extraordinary Answering Service as well as the Bold Business Book. And today we're welcoming Slash, preparing to learn from Mike Zlotnick of Temple Funding. That's TF Management Group. Is that safe to say, Mike? Mike Zlotnik [00:01:01]: Yeah, yeah, but the easier way, people call me Big Mike. I am six four. So Big Mike. James Kademan [00:01:05]: Well, you can't tell on the screen, so. All right, that is a. That's a Big Mike. Big Mike, indeed. So, Big Mike, what is Tempo funding? Mike Zlotnik [00:01:15]: We are the best way to describe Tempo funding. We marry money and opportunity. We are a platform for folks with capital to invest, typically in real estate, kind of. I don't want to call myself exactly one trick pony, but I am mostly one trick pony. It's real estate. We have a team, we have organization that focuses real estate projects, industrial, open air shopping, multifamily, et cetera. James Kademan [00:01:42]: Okay. Mike Zlotnik [00:01:42]: And then we have folks with capital who sold businesses, they've sold highly appreciated stock, they sold bitcoin, whatever, they made their money and then now they're looking for steady, predictable income. And that's what we try to bring them. That's kind of what we do for many, many years. James Kademan [00:02:01]: You mentioned steady predictable income. And can you elaborate on that? Because sometimes in the real estate world that's not always the case. Mike Zlotnik [00:02:08]: Yeah, so today the world's changed quite a bit and we really gravitated towards predictability. I literally have an article that I wrote and a video comparing high IRRs versus predictability. Wide majority of people, especially with monetary event where they've got significant lump sum, they're looking for predictability. So what is predictability? So normally it means the assets themselves have a great engine, how they generate predictable income. Take an example, triple net industrial. This is just a simple way to explain. It's right before the call we were talking about made in China versus made in America. Well, there's a renaissance now to build in America. Mike Zlotnik [00:02:50]: Made in America and industrial production in America is welcome. So quite often there are companies that manufacture here and the real estate underneath it gets sold by the owner of the business. They sell the real estate, lease back and stay in that property. So where does predictability come from? Well, that business has been there for 60 years. They sell real estate, they use capital for further investment or to pay their parent company and then it's a mission critical property. And to make long story short, they're there, they have a 20, 25 year lease and it's triple net, meaning that all the expenses, taxes, insurance, everything else is covered by the tenant. So as a landlord you collect rent and every year it goes up between 2 to 3%. So you have high predictability of outcome simply because it's contractually guaranteed with a credit quality tenant with long term lease, with rent escalation clauses, with triple net structure. Mike Zlotnik [00:03:50]: So you're collecting this, you're an equity investor, but you're collecting it like a bond. You get your coupon today, this year. So what does that coupon look like? For example, year one you could start with 7%, maybe even higher. And year two goes up, and year three, it goes up. So it begins to look like a predictable investment because it's so contractually built to be predictable. So you know, initial cash flow, you know, year two cash flow, year three, year four, year five. And then that increased NOI drives forced appreciation. Because in commercial real estate, the price of the asset is a function of net operating income. Mike Zlotnik [00:04:24]: You hear these fancy terms, cap rates. All the cap rates describe is what do you pay per dollar of income. The lower the cap rate, the higher the price per dollar of income. So as interest rates obviously impact cap rates, but in general, the structure itself grows. Niy, if interest rates don't do anything, they stay flat. You're still growing the value of the asset because the NOI is growing. That's a predictable structure. You see these structures in real estate quite a bit. Mike Zlotnik [00:04:50]: And I'll shut up for a second, let you chime in more questions because I can talk on this probably for hours. James Kademan [00:04:55]: No, that's awesome. That's awesome. It's interesting you mentioned real estate that's essentially large scale commercial. It sounds like you're talking manufacturing. Yes, this isn't just the small mom. Mike Zlotnik [00:05:06]: And pop house, it is a manufacturing facility quite often gets bought for $25 million. There are of course bigger projects, but the sweet spot is anywhere from, you know, 10, 15, 20, 25, 30, $30 million small manufacturing. I'm not talking about AI data centers that are getting built for a billion dollars, not, not for that. James Kademan [00:05:29]: Okay. I guess, I think as you're talking here, I'm thinking south of me on the north way north of Chicago is Belvedere, Illinois, which has a car manufacturing plant that I think since I've been driving to and from Chicago every once in a while, I want to say that thing has changed hands four or five times. And that thing, that property, I don't know if it's necessarily one building, but that complex, it's probably the size of a small city. Sorry, it sounds like you're getting into stuff that big. Mike Zlotnik [00:06:04]: Not that big, but an example, we do have an asset in New Castle, Indiana, again, Midwest. And it's a, you know, it's called $25 million asset. It is a multi acre property and it produces stainless steel and it's been in that business and that location over 60 years. So that kind of a facility. All right, not a small city, but for that local town, it's a significant manufacturer and industrial facility. James Kademan [00:06:32]: Oh, I bet it's huge. And for something like that. Do you. I mentioned the equipment goes with the building. Just because it took so much to get that equipment in there, it's like an old pool table. To get it out is a big deal. Mike Zlotnik [00:06:45]: They end not moving so effectively you own real estate as an investor, but they've made so many tenant improvements themselves over the years for their own business, plus all the equipment, everything else. They're going to stay there, they're going to continue to.

Newmark's President of Capital Markets, North America, Chad Lavender, breaks down the sector-by-sector changes that are redefining today's capital markets. From the surge in data center demand to senior housing's NOI outperformance and the resurgence of banks in lending, Chad share a well-defined read on where CRE capital is actually flowing, and why it matters heading into 2026. Key Moments:01:34 Chad Lavender's career journey05:08 Overview of Newmark Capital Markets07:35 Current trends in US CRE capital markets16:40 Deep dive into alternative sectors20:26 Healthcare and senior housing insights25:19 Data centers and life sciences31:39 Medical office, SFR, and BTR36:35 Alternatives on the move and market structures Resources Mentioned:Chad Lavender: https://www.linkedin.com/in/chad-lavender-03551bb/Newmark: https://www.nmrk.com/services/investor-solutions/capital-marketsEmail us: altusresearch@altusgroup.comThanks for listening to the “CRE Exchange” podcast, powered by Altus Group. If you enjoyed this episode, please leave a review to help get the word out about the show. And be sure to subscribe so you never miss another insightful conversation.#CRE #CommercialRealEstate #Property

La pronuncia italiana rappresenta uno degli aspetti più affascinanti e al tempo stesso una sfida per chi studia la lingua di Dante. Spesso gli studenti si chiedono: "Devo eliminare completamente il mio accento?" La risposta è semplice: gli accenti sono belli e naturali. In questa guida completa, però, scoprirai tecniche pratiche e immediate per perfezionare la tua pronuncia italiana, dalla gestione delle doppie consonanti alle particolarità delle parole straniere adattate alla nostra lingua. Guida Completa alla Pronuncia Italiana: Consigli Pratici per Parlare come un Nativo La Regola d'Oro: Pronunciare Tutte le Lettere Il primo e più importante consiglio per migliorare istantaneamente la tua pronuncia italiana è semplice ma fondamentale: pronuncia tutte le lettere. A differenza di molte lingue, l'italiano non presenta suoni silenziosi (eccetto la H iniziale che è sempre muta). Ogni singola lettera scritta deve essere articolata con chiarezza. Prendiamo alcuni esempi pratici: Giardino: si pronuncia GIAR-DI-NO, con ogni sillaba ben distinta Finestra: FI-NE-STRA, senza mai "mangiare" le lettere finali Ombrello: OM-BREL-LO, prestando particolare attenzione alla parte finale Particolarmente importante è la pronuncia delle vocali consecutive, che rappresentano una sfida per molti studenti. In italiano, anche quando ci sono più vocali di seguito, ognuna mantiene il suo suono distintivo: Paura: PA-U-RA (tre sillabe distinte, non "pàra") Tuoi: TU-O-I (tre sillabe complete) Aiuola: A-IU-O-LA (quattro sillabe ben separate) Questo principio si applica anche alle parole più lunghe e complesse. Per esempio, in "acquario" (AC-QUA-RI-O) ogni lettera deve risuonare chiaramente, creando quella musicalità tipica della lingua italiana. Esercitarsi a scandire lentamente le parole, sillaba per sillaba, aiuta a sviluppare questa consapevolezza articolatoria che poi diventerà naturale anche nel parlato veloce. Le Doppie Consonanti: Il Cuore della Pronuncia Italiana Le doppie consonanti rappresentano probabilmente l'aspetto più caratteristico e distintivo della pronuncia italiana. La loro corretta esecuzione è cruciale perché sbagliare una doppia può cambiare completamente il significato di una parola, creando situazioni imbarazzanti o fraintendimenti. Il segreto tecnico per pronunciare correttamente le doppie è questo: rendi più corta la vocale che precede la doppia consonante. La consonante doppia stessa deve essere "tenuta" più a lungo, creando una breve pausa nella pronuncia. Coppie di Parole che Cambiano Significato Analizziamo alcune coppie di parole dove l'unica differenza sta nella doppia consonante: Consonante SempliceSignificatoConsonante DoppiaSignificatoCaro (cáro - A lunga)Costoso o amatoCarro (càrro - A corta)Veicolo con ruotePala (pála - A lunga)Attrezzo per scavarePalla (pàlla - A corta)Oggetto sfericoPene (péne - E lunga)Dolore, sofferenzaPenne (pènne - E corta)Tipo di pastaPapa (pápa - A lunga)Il padrePappa (pàppa - A corta)Cibo per bambiniSete (séte - E lunga)Bisogno di bereSette (sètte - E corta)Il numero 7Nono (nóno - O lunga)Nono di numeroNonno (nònno - O corta)Padre dei genitori Come potete vedere dalla tabella, un errore di pronuncia può trasformare "Mi piacciono le penne al pomodoro" in una frase piuttosto imbarazzante! Ecco perché prestare attenzione alle doppie è fondamentale non solo per l'accuratezza fonetica, ma anche per evitare malintesi. Le Doppie nei Verbi: Futuro vs Condizionale Le doppie consonanti sono particolarmente importanti nella coniugazione verbale, dove distinguono tempi diversi. Un esempio classico è la differenza tra futuro e condizionale presente della prima persona plurale: Noi partiremo (partirémo - I lunga) = Futuro semplice, indica un'azione che avverrà Noi partiremmo (partirèmmo - I corta) = Condizionale presente, indica un'ipotesi Altri esempi verbali significativi: "Andremo" (futuro) vs "Andremmo" (condizionale) "Vedremo" (futuro) vs "Vedremmo" (condizionale) "Usciremo" (futuro) vs "Usciremmo" (condizionale) Per padroneggiare le doppie, è utile esercitarsi regolarmente con coppie minime (parole che differiscono solo per un suono). Registra te stesso pronunciando queste coppie e confronta con parlanti nativi. Con il tempo e la pratica costante, la corretta esecuzione delle doppie diventerà automatica e naturale. La N Finale di NON, IN, CON: La Regola della Trasformazione Esiste una regola fonetica fondamentale ma spesso trascurata che riguarda le parole NON, IN e CON. Quando queste parole sono seguite da una parola che inizia con B (come Bologna) o P, la N finale si trasforma in M per facilitare la pronuncia e rendere il discorso più fluido. Questa trasformazione, chiamata assimilazione consonantica, avviene perché pronunciare una N seguita immediatamente da una B o P richiede uno sforzo articolatorio innaturale. La bocca, infatti, deve passare rapidamente da una posizione nasale (N) a una posizione bilabiale (B o P), e questo passaggio è molto più facile se anche la consonante nasale diventa bilabiale (M). Esempi Pratici della Trasformazione N → M Scrittura StandardPronuncia CorrettaSpiegazioneIo non parlo moltoIo nom parlo moltoNON + P diventa NOMAbito in periferiaAbito im periferiaIN + P diventa IMVengo con BarbaraVengo com BarbaraCON + B diventa COMNon bevo caffèNom bevo caffèNON + B diventa NOMLavoro in bancaLavoro im bancaIN + B diventa IMStudio con PaoloStudio com PaoloCON + P diventa COM Provate a pronunciare queste frasi ad alta voce: noterete immediatamente che la versione con la M suona molto più naturale e fluida rispetto a quella con la N. Questa è una delle caratteristiche che distingue un parlante nativo da uno studente, perché i nativi applicano questa regola istintivamente, senza pensarci. È importante sottolineare che questa è una regola puramente fonetica: nella scrittura formale si continua a usare la N, ma nella pronuncia effettiva la trasformazione in M è la norma tra i parlanti nativi. Applicare questa regola renderà il vostro italiano più naturale e scorrevole, e soprattutto più facile da pronunciare. I Pronomi Doppi: Dove Cade l'Accento? I pronomi doppi (combinazioni di pronomi come "te lo", "gliela", "ce li", "ve ne") rappresentano una sfida particolare non tanto per la loro pronuncia, quanto per la posizione dell'accento tonico, specialmente quando sono attaccati all'imperativo. Quando i pronomi doppi sono usati con forme verbali normali (indicativo, congiuntivo, ecc.), rimangono separati dal verbo e non creano problemi particolari: "Te lo regalo" - tre parole separate "Gliela mando" - due parole separate "Ce li portano" - tre parole separate Il problema sorge con l'imperativo, perché in questo caso i pronomi si attaccano alla fine del verbo formando un'unica parola. Ed è qui che molti studenti commettono l'errore di spostare l'accento sui pronomi. La Regola dell'Accento Immutabile La regola fondamentale è questa: l'accento rimane sempre sulla stessa sillaba del verbo, indipendentemente da quanti pronomi aggiungiamo alla fine. Non importa se aggiungiamo uno, due o anche tre pronomi: la posizione dell'accento non cambia mai. Imperativo BaseCon PronomiPronuncia CorrettaErrore ComuneDàmmiDàmmeloAccento su DA❌ DamméloRaccontamiRaccontàmeloAccento su TA❌ RaccontaméloCómpraCòmprateloAccento su COM❌ CompratéloScrìviScrìvigliAccento su VI❌ ScrivígliPòrtaPòrtaglieloAccento su POR❌ PortagliéloDìciDìcimeloAccento su DI❌ Dicimélo Un caso particolarmente interessante è il verbo riflessivo "andarsene" con i pronomi: "Vàttene!" (vai via). Anche qui l'accento rimane sul verbo: VÀttene, non Vatténe. E quando aggiungiamo ancora più complessità: "Andàndosene" (gerundio), l'accento resta su ANDAN. Questo principio vale anche per forme più complesse come: "Rèstituiscimelo" (accento su STI, non su CI o ME) "Pòrtagliene" (accento su POR) "Spiègatecela" (accento su GA) Per padroneggiare questa regola, esercitati prima pronunciando il verbo da solo, individuando dove cade l'accento naturalmente. Poi aggiungi i pronomi mantenendo l'accento esattamente nello stesso punto. Con la pratica, questa diventerà un'abitudine naturale e il tuo italiano suonerà immediatamente più autentico. Il Suono Z: Sorda o Sonora? La lettera Z italiana rappresenta una delle sfide più insidiose per gli studenti stranieri perché, a differenza di molte altre lingue, in italiano la Z ha due pronunce completamente diverse: la Z sorda e la Z sonora. E purtroppo non esiste una regola fissa universale per sapere quale usare! La Z Sorda (come TS) La Z sorda si pronuncia come i suoni "T" e "S" pronunciati rapidamente insieme, come se fossero un'unica consonante. È il suono che sentite in parole come "pizza" - che non si pronuncia "piza" ma "pitsa". Esempi di parole con Z sorda: Zucchero (tsucchero) - lo zucchero che metti nel caffè Grazie (gratsie) - la parola di ringraziamento più usata Pazzo (patso) - aggettivo che indica follia Stazione (statsione) - dove arrivano treni e autobus Azione (atsione) - un'attività o un movimento Pezzo (petso) - una parte di qualcosa Piazza (piatsa) - lo spazio pubblico aperto Tazza (tatsa) - il contenitore per il caffè La Z Sonora (come DS) La Z sonora si pronuncia come i suoni "D" e "S" pronunciati insieme velocemente. È il suono di "zero", che non si pronuncia "tsero" ma "dsero". Esempi di parole con Z sonora: Zaino (dsaino) - la borsa per la scuola Romanzo (romandso) - un libro narrativo lungo Mezzo (medso) - metà o veicolo di trasporto Azzurro (adsurro) - il colore blu chiaro Zanzara (dsandsara) - l'insetto fastidioso Zona (dsona) - un'area o territorio Pranzo (prandso) - il pasto di mezzogiorno Linee Guida (Non Regole Assolute) Anche se non esistono regole ferree,

Welcome to NAA's Apartmentcast, the official podcast of the National Apartment Association. On this sponsored episode, we sit down with Ken McDonald, CEO of Leonardo247, as he shares how property operators can leverage AI and their unique operational playbook to drive NOI growth. In this episode, he reveals proven strategies to turn operational data into AI-powered optimizations that improve efficiency, strengthen resident retention and boost profitability.Visit Leonardo247.comPlease note that as is the case for all NAA Apartmentcast episodes, nothing contained within this podcast should be treated as legal advice. The information presented is for educational purposes only. 

In this episode, Jennifer Stoops shares how she scaled a PM company to 3,600+ doors before transitioning into her current role as SVP of Industry Relations at PetScreening. We dig into that journey - from building systems and PM pod structures at scale to managing an office with 30 dogs (yes, really).Jennifer explains what most PMs get wrong about pet policies, how unreported pets erode NOI, and why PetScreening has become the “Carfax for pets.” We also cover M&A pitfalls, vendor risk, breed restrictions, and why the portfolio model often breaks past a certain door count. We discuss:(00:02:04) - Jennifer's background and career(00:11:35) - Incident tracking(00:14:59) - Breed restrictions in insurance policies(00:16:51) - Sponsor - ⁠Crane⁠(00:19:04) - Discrimination by weight and breed(00:20:32) - Americans spending more on pets than kids(00:22:19) - Jennifer's time at Park Avenue Properties(00:23:47) - How to organize a larger PM company(00:34:11) - Sponsor -⁠ RentEngine⁠(00:36:04) - Multi-market operations(00:50:00) - Advice to PM owners considering selling(00:53:59) - Non-obvious things to improve sales prospects(00:58:24) - Advice for considerations to take seriously in 2025 if you're looking to acquire other companies(01:01:05) - How to approach an owner when you want to acquire them(01:07:26) - Getting in touch with JenniferLearn more & connect with me here:⁠Crane⁠, the private community for property management business owners.⁠My Free PM Newsletter⁠⁠RL Property Management⁠ Learn more and connect with Jennifer here: Jennifer on LinkedInPetScreening

Noi e altri animali È la trasmissione che da settembre del 2014 si interroga su i mille intrecci di una coabitazione sul pianeta attraverso letteratura, musica, scienza, costume, linguaggio, arte e storia. Ogni giorno con l'ospite di turno si approfondisce un argomento e si amplia il Bestiario che stiamo compilando. In onda da lunedì a venerdì dalle 12.45 alle 13.15. A cura di Cecilia Di Lieto.

Antonella Barina"Donne dell'altro mondo"Nove protagoniste di umanità ed eccezionale coraggioManni Editoriwww.mannieditori.it“Questo non vuol essere un libro di buoni sentimenti, ma un libro di avventure, che racconta le vicende emblematiche di pioniere spericolate: i prudenti non hanno mai battuto sentieri inviolati”.Vittoria vive in una capanna di fango e paglia sulle Ande e riscatta le bambine sfruttate come domestiche da ricchi peruviani. Ginevra fa la clown nei Paesi in guerra e negli orfanotrofi più sperduti della Terra. Chiara, infermiera, è stata in Liberia durante l'epidemia di ebola e nelle sale operatorie improvvisate nei camion a Mosul occupata dall'Isis. Natalina in Congo salva le ragazzine accusate di stregoneria e sottoposte a spietati riti d'esorcismo. Rita strappa le prostitute e i loro figli alla tratta degli schiavi nel Casertano. Adriana, ex bracciante agricola, soccorre le vittime di caporalato in Calabria. Federica in Angola e Afghanistan restituisce gli arti a chi è saltato su una mina, in Ciad e Yemen sovraintende a sconfinati campi profughi. Marisa e Gianna hanno creato una casa da fiaba per i bimbi malati di tumore che arrivano a Roma per le terapie con le loro famiglie.Sono donne che hanno vissuto vicende incredibili, rocambolesche eppur lontane dal clamore dei media, che dedicano la vita ai più sfortunati con entusiasmo e gioia.Donne che esaltano all'estremo le qualità tradizionalmente femminili di cura e accoglienza, ma anche paladine un po' folli. Protagoniste determinate a riscrivere il futuro.Antonella BarinaVive a Roma ed è giornalista dai primi anni Ottanta. Ha girato gran parte del mondo per realizzare reportage su temi culturali e sociali, prima per “l'Europeo”, poi come inviata del” Venerdì di Repubblica”, dove cura anche la rubrica settimanale “Noi e gli altri” dedicata all'universo della solidarietà.Diventa un supporter di questo podcast: https://www.spreaker.com/podcast/il-posto-delle-parole--1487855/support.IL POSTO DELLE PAROLEascoltare fa pensarehttps://ilpostodelleparole.it/

Noi e altri animali È la trasmissione che da settembre del 2014 si interroga su i mille intrecci di una coabitazione sul pianeta attraverso letteratura, musica, scienza, costume, linguaggio, arte e storia. Ogni giorno con l'ospite di turno si approfondisce un argomento e si amplia il Bestiario che stiamo compilando. In onda da lunedì a venerdì dalle 12.45 alle 13.15. A cura di Cecilia Di Lieto.

Jeff Rosenberg brings a multi-generation perspective to open-air, retail shopping centers, a sector most investors once wrote off.   His family built and operated supermarkets and the centers around them starting in the 1940s. Big V Property Group grew out of that platform and today controls a $2.5 billion, 9 million square foot national portfolio of open-air shopping centers anchored by the likes of Target, TJX brands, Ross, HomeGoods, Sierra Trading, and others.   That background matters: Big V understands how retailers actually make money, how store-level performance drives traffic, and why certain locations survive every cycle.   A few insights stood out in our conversation: • Physical retail never died (online shopping, Covid etc) it evolved. Retailers now use stores as omnichannel infrastructure: showroom, warehouse, and last-mile all at once. • Power-center retail is effectively an ecosystem. A Target anchor drives demographic analysis, infrastructure improvements, credit co-tenancy, and consistent foot traffic for the rest of the center. • Supply discipline is doing the heavy lifting. Two decades of minimal development plus 96–97% occupancy make today's retail fundamentally different from overbuilt asset classes. • Lenders are leaning back in. Big V recently rolled eight core assets, about $1.1 billion, into a single fund and closed a $765 million on-balance-sheet bank loan, the largest retail financing in the country in 2025. • Underwriting today requires humility. Big V assumes no cap-rate compression. All value has to come from NOI growth and execution, not financial engineering.   Here are five questions we covered: Why did retail survive when everyone predicted structural decline? How does a Target anchor change a center's economics? What does today's capital stack look like for high-quality retail? How do you underwrite exits when cap-rate compression is off the table? Where are the real risks in a sector that looks "safe" on the surface? If you want a grounded view of where the next leg of the retail cycle is heading and how an operator with a decades-long track record has never lost investor capital, this conversation is worth your time.   *** In this series, I cut through the noise to examine how shifting macroeconomic forces and rising geopolitical risk are reshaping real estate investing.   With insights from economists, academics, and seasoned professionals, this show helps investors respond to market uncertainty with clarity, discipline, and a focus on downside protection.    Subscribe to my free newsletter for timely updates, insights, and tools to help you navigate today's volatile real estate landscape. You'll get: Straight talk on what happens when confidence meets correction - no hype, no spin, no fluff. Real implications of macro trends for investors and sponsors with actionable guidance. Insights from real estate professionals who've been through it all before. Visit GowerCrowd.com/subscribe Email: adam@gowercrowd.com Call: 213-761-1000

What are the forces that will shape the multifamily landscape in 2026? Multi-Housing News Senior Editor Laura Valean asked George Ratiu, vice president of research at the National Apartment Association, to answer this question and many others in the final episode of this year's NAA Insights podcast series.This episode also dives into the expenses most likely to pressure NOI, the conditions needed for transaction activity to accelerate, and the role multifamily AI and analytics will play in driving operational efficiency next year. For owners, developers and managers preparing budgets and strategies, this conversation provides a clear look at the dynamics that will define multifamily in 2026.

Keith reviews the state of the real estate market, noting that existing home sales are down about 33% from their 2021 peak, while prices remain firm due to low supply and high demand.  Affordability challenges are driven by stagnant wages, inflation, and higher mortgage rates, with 70% of mortgage holders still locked in at rates below 5%.  He observes that in certain markets, new construction may now offer better investor terms than comparable existing properties, especially where builders buy down rates.  The episode highlights a comparison of nearly a century of asset class returns, reporting real estate's long-term annual appreciation at approximately 4.7%. Episode Page: GetRichEducation.com/583 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  1-937-795-8989 to speak with a freedom coach Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com or text 'GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation   Complete episode transcript: Keith Weinhold  0:01   welcome to GRE. I'm your host. Keith Weinhold, how do other audiences feel about the GRE mantras that we've come to love here, like financially free beats debt free and don't get your money to work for you? Then sometimes it's not what you're attracted to in life, but what you're running away from finally comparing the returns from six major asset classes over the past century all today on get rich education    Keith Weinhold  0:29   since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast or visit get rich education.com   Corey Coates  1:18   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  1:34   Welcome to GRE from Kennebunkport, Maine to Bridgeport, Connecticut and across 188 nations worldwide. It is the voice of real estate investing since 2014 I'm Keith Weinhold, and I'm grateful to have you here with me, and we're doing something a little different today, as you'll soon listen in to me as I was on the hot seat being interviewed on another prominent real estate show. But first, when you pull back and ask yourself, why you're really an investor in the first place? There are so many reasons. Maybe you just want a few properties in order to supplement your day job income. Maybe you want to have more than a few so that you can completely replace that active income, or perhaps rather than going the route of building up your cash flow, which is valid, but some think that it's the only way to real estate financial freedom. Instead, you could own, say, nine doors or 22 doors, and even if they all had zero cash flow, you can just keep borrowing against that leverage and equity tax free and live off of that whatever you do when it comes to your day job, income, your degree of disdain for your nine to five job that is going to be greater or less than it is for some others. So your motivation for self improvement, it isn't always about what you're running to in life, which could be real estate investing, but it's also what you're running away from, especially if you don't get a deeply rooted sense of meaning from your job. So you could have both a push factor and a pull factor in what motivates you. There's a scene from the 1999 movie Office Space that just does this incredibly unvarnished job of saying out loud how so many of us feel today. What I'm going to share with you, I mean, you know that you have felt this at least once in your life. Office space wasn't supposed to be a mega hit movie, but it kind of was, because it's so relatable. Let's listen in to part of this clip. This is Ron Livingston playing a disgruntled male employee talking to Jennifer Aniston at a restaurant about his job in the movie Office Space.   Speaker 1  4:09   I don't like my job, and I don't think I'm gonna go anymore. You're just not gonna go. Yeah, won't you get fired? I don't know, but I really don't like it, and I'm not gonna go.   Keith Weinhold  4:24   Then it continues when she asks. So you're just gonna quit? No, not really. I'm just gonna stop going. When did you decide all of that? About an hour ago? Really? Yeah, aren't you going to get another job? I don't think I'd like another job. What are you going to do about money in bills and all that? I've never really liked paying bills. I don't think I'm going to do that either.   Keith Weinhold  4:53   That's it. That is the end of that classic dialog from office space that we can. All relate to you did not wake up to be mediocre, but a lot of people's jobs pummel them into a rather prosaic state. You were born rich because you were born with this abundance of choices, this huge palette in menu, but society often stifles that and makes you forget it, and it gets really easy to just fall into your groove and stay there. The main reason we aren't living our dreams is really because we're living our fears. Failure doesn't actually destroy as many dreams as people think fear and doubt. Does fear and doubt destroy more dreams than failure ever does financial runway? That is a phrase for the amount of time that you can maintain your lifestyle without the need for a paycheck. And it's critical for you to lengthen this runway if you hope to retire early, and it will dramatically reduce your stress level. An example is say that you currently earn 150k per year after taxes, and you spend 126k of that, all right. Well, that means you've got a surplus of 24k a year. Well, it's going to take you a little over five years to accumulate that 126k that you need to annually support your lifestyle. That's what happens if you don't invest. And see investing helps you lengthen your financial runway, that amount of time you can maintain your lifestyle without the need for a paycheck. That's what we're talking about here. Last week I brought you the show from Caesar's Palace in the center of the Las Vegas Strip. So therefore, what I've done is I have gone from the ostentatious and flamboyant over here to the familial and simple as this week I'm in Buffalo New York, broadcasting from a somewhat makeshift GRE studio here, the Buffalo Bills had a home game yesterday, so the city and hotels are busier than usual. Next week, I will bring you the show from upstate Pennsylvania, as I'm traveling to see my family. Let's listen in to me on the hot seat. I was recently a guest on Kevin bups long running real estate investing show. You're going to get to see how I present information and GRE principles for the first time to a different audience. And as I do, you're going to hear me provide new material, but you'll also hear me say quite a few things that I have told you before, even then, the concepts might land differently when I'm explaining them to a new audience. The show is based in Florida, so We'll also touch on the real estate pain and opportunity there. After I'm interviewed, I'm going to come back and tell you about something fascinating. I'm going to compare the returns from six major asset classes over the past century, since 1930 anyway, and that's going to include the first time on the show where I'll tell you real estate's annual appreciation rate over the last entire century. Just about what do you think it is? 8% 5% 3% you're gonna have, perhaps the best answer you've ever had. Here we go.   Kevin Bupp  8:31   Now, guys, I want to welcome back a guest that we've had on. It's been a number of years now. Keith Weinhold, I went back to look at the last episode we had him on. I think it's been about four years. So, you know, four years ago, the world was in the very different state. It was a very different time. And so, you know, thankfully, we're out of the covid era and on to newer and greater things. So for those that don't know Keith, he's the founder of get rich education. He's the host of the popular get rich education podcast. He's a longtime thought leader in the real estate investing space, and like myself. Keith was also born and raised in Pennsylvania. For those that know don't know, I was born and raised in Harrisburg, Pennsylvania, Keith, I believe, a couple hours away from where I was. But Keith has very much a unique perspective on wealth, building debt, and really the housing market as a whole. And today, you know, we'll be diving into everything you know, from why the property itself? This is something that Keith kind of coins, why the property itself is less important than you think, to how the housing crash has already happened in a way that most people don't even realize, to the role inflation and debt play in building long term wealth. And so again, it's been a number of years here, so I'm excited to welcome Keith back here. So my friend, Keith, welcome to the show. It's it's a pleasure to have you back here again, my friend.   Keith Weinhold  9:43   Oh, Kevin, it's good to be here and be in the auspices of another fellow native Pennsylvanian as well.   Kevin Bupp  9:49   That's right, that's right, yeah, no, Pa is rocking and rolling as I think I told you this little, this little tidbit last time everyone, every time I speak with someone from Pennsylvania, they never know this. But I'm going to share this fun fact. Are you already know, Keith. I'm gonna share it with the rest of the listeners here today, Pennsylvania, those that are born and raised there. It's the only state where, if you're from Pennsylvania, you refer to it by its initials, and you assume that everyone else, everywhere else across the country, they know what you're talking about when you say I'm from PA and that's the only state that does that. So I think it's pretty neat.   Keith Weinhold  10:19   That's right. No one else does that. No one else says, I'm from TN, if they're from Memphis, right?   Kevin Bupp  10:24   They don't, they don't. So with that, my friend. So, you know, it's, again, it's been a number of years since we, since we had you last on here, you know, let's start with just, let's back up a little bit. You know, what have you been up to? I mean, what, what have the last few years look like for you? Where have you been spending your time, energy and efforts? Obviously, it's, you know, we've gone through some quite a bit of turmoil over the last five years, and would love to just get an update as to what's going on your life.    Speaker 2  10:48   Well, one of the big words in real estate investing, we all know it, even the person that cuts your hair and cleans your teeth knows it, and that's affordability. You know, really, affordability has been under fire, under pressure. By a lot of measures, we have the worst affordability for home buying since the early 80s, when the Jeffersons was on television. So it's been helping a lot of people deal with that. It's really the effect of three things, general inflation, higher home prices and higher mortgage rates. Really, those three things the crux of the problem. It's not exactly inflation, really. It's the fact that over the long term, wages don't keep up with inflation. And really that's the crux of the affordability problem. So I've been helping people deal with that and put that in perspective, really, Kevin,   Kevin Bupp  11:42   what does that mean for, you know, investment, real estate? I mean, are you still still doing deals? Are you seeing deals still get done by your students? I mean, what? What's your world look like?   Keith Weinhold  11:52    Yeah. I mean, I think you're asking, you know, how many deals are taking place? One way to measure that on a national basis is existing home sales. You know, existing home sales have been down substantially. And when a lot of people hear that, they think, prices, oh no, we're not talking about prices. We're talking about existing home sales. That means sales volume. That means the amount of overall transactions. So to give an idea of a real estate market, a residential one that's become pretty lethargic and not very vibrant, is that sales volume. It had its recent peak of about 6 million home sales back in 2021 I mean, 2021 was crazy, kind of the crux of the pandemic, you know, Kevin, that's when for an open house. You saw cars wrapped around the block for just one open house. Okay, well, that year 2021 there were 6 million existing home sales. Today, we're on pace to do about 4 million, and we also did only about 4 million last year. So if you put that in perspective and think about what that means, prices have stayed stable, but that's a 33% reduction in transactions. So investors, you know, people like you and I, Kevin, we're not as affected by this as some other industries. But think about the mortgage loan industry. If you're doing 33% fewer transactions, think about the hard decisions companies have to make and lay people off. 33% fewer transactions for title companies. It's probably close to 33% fewer transactions for furniture companies as well. So really it's both affordability that's been a problem, and that's led to this relative lethargy, kind of a slow, not very interesting residential real estate market, at least from the transaction perspective, really, really slow.   Kevin Bupp  13:58   But Could, could one not argue, I don't know the data points. Keith, I guess, what did it look like? 2021? Was kind of the peak. I think you'd reference 6 million units a year. Transactionally, what did it look like prior? What, what was, what was a more normal year like? And maybe 2020, wasn't a normal year either, right? Because a lot of folks thought the role was ending for a period of time. You know, 2019 maybe just again, trying to, trying to find maybe a better baseline to use. And then, you know, does, I guess, in my mind, and I don't follow these data points as much as you do, is that maybe 2021, was, you know, somewhat artificial inflation, right? Lots of lots of money pumping into the marketplace. And ultimately, we had to get back to a sense of normalcy at some point in time. And so are we at a at a place of normalcy? Are we still behind the eight ball a little bit?   Keith Weinhold  14:44   We're still behind the eight ball a little bit. 5 million is more of a normal long term number. But yeah, I mean, if we've got 4 million now, that's, you know, 25% less still than 5 million, sort of this long term normalcy rate of existing. Home transactions. And if you're a careful listener, you notice I've been using the word existing that doesn't include new build. So you know, when you the listener out there reading headlines, always look at that closely. We talking about existing? Are we talking about new build? You can learn a lot from that when you introduce new build data that introduces an awful lot of noise. For example, even when we look at prices, sometimes we want to exclude new construction. So why is that? Why do we want to focus on existing a lot? Well, because new build can introduce a lot of aberrations to the market. For example, the size of new build properties has dropped substantially the past few years, again, coming back to the central theme of affordability to help make a home more affordable. So we're not looking at same same when the square footage of a property drops a lot. And also, another thing that's been happening as a response to the lack of affordability is you have more builders building further and further out from a central business district where there are lower land costs for that new build property as well to help meet affordability. So the takeaway is, yeah, we want to be careful when we look at numbers. Are we looking at existing? Are we looking at new? Are we looking at overall properties.   Kevin Bupp  16:22   If you believe that if rates come down, we really is that the is that the lever that has to be pulled in order for that transactional volume to kick back up and, you know, make homes more affordable for the average home buyer,   Keith Weinhold  16:34   yeah, it's certainly going to help. I mean, really lower rates is the most likely significant lever that can help with the affordability crisis. Prices are pretty firm. Home prices are up 2% year over year. It's difficult for home prices to fall. In fact, home prices have only fallen one time substantially since World War Two. A lot of people don't realize that. So home prices are firm. I expect them to stay firm. And then the other lever is if we get a huge surge in wage increases, which I really don't expect anytime soon, unless we have another really big bout of inflation. So to your point, yes, lower mortgage rates like, that's the biggest lever that can help affordability return. And to speak to mortgage rates, Kevin and help put all of this into perspective, including this affordability component, is the fact that today, mortgage rates are low, and that gives a lot of people pause. They're like, What are you talking about? Mortgage rates were 3% even as low as two point some percent, just as recently as 2021 and early 2022 What are you talking about? Like, mortgage rates are 2x to 3x that today we look at a long term perspective when we look at the arc of mortgage rates, instead of in setting up expectations where we think rates could go. And we need to look at a frame of reference. Mortgage rates peaked over 18% in 1981 that's if you had a good credit score and everything on a 30 year fixed rate mortgage. That's what we're talking about here. In fact, Freddie Mac, they're the ones that have the best, most reliable stat set for mortgage rates, and that goes back to 1971 the average mortgage rate since 1971 all the way up to today, through all these presidential administrations you know, Nixon and in the Reagan years, and Clinton and the bushes and Obama, everything You know up to today, from 1971 until today, the average 30 year fixed rate mortgage is 7.7% so that's why I talk about how mortgage rates are, you know, moderate to a little low today. That takes a lot of people back. I don't see any impetus. It's going to get us back to, say, 3% mortgage rates. So some real perspective here.   Kevin Bupp  19:06   Yeah, yeah, no. And, you know, the interesting thing again, you might have data points on this to see, is a lot of the lack, do you feel that a lot of the lack of transactional volume is also related to those folks that have locked in, you know, 3% you know, mortgages, right? Like they're they, why would they sell and ultimately trade into a, maybe a, you know, a, you know, upgrade of a home, but ultimately be paying significantly more than that of what they're paying at the present time, you know, double the cost of capital. Your rates today, 30 year, rates are where the six and a half, 7% range, I don't follow it, but yeah.   Keith Weinhold  19:42   I mean, as of today, 6.3% is is where they're at. But yeah, you have a lot of those homeowners locked in to low rates. I mean, first, if we just pull back and look at the overall homeowner landscape, four in 10 have a paid off property. So just to talk to those about the other. Or 60% that percentage that are mortgage borrowers, among borrowers, 70% still have a mortgage rate under 5% meaning it starts with a four or less. So yeah, you're bringing up astutely Kevin the lock. In effect, people are reluctant to sell and give up that rate to trade it for a higher rate. And here's what's interesting, a lot of people if they couldn't make the payments on their home and say they lost their home, something that actually happened a lot in 2008 when people were locked into in sustainable mortgages because they didn't have good credit and they didn't have good income, the borrower is in good shape today. But even if, for some reason, they couldn't make the payments on their home, and they lost their home and they had to rent. Rents are actually higher in many cases, than what that mortgage principal and interest payment is. Maybe even the mortgage principal interest, taxes and insurance that they pay today are lower than what comparable rent would be, and this helps stabilize the housing market, people are really motivated to make their payments, and they can easily do it when it is so low, speaking to that lock in effect, and we're bringing up another reason now why transaction volume is so low, that lock in effect. So homeowners are in good shape. Their payments are sustainable. They don't want to sell, and they're just staying put. They're staying in place   Kevin Bupp  19:42   tying that all back around. Keith, what does that mean for us real estate investors? I mean, is there still good value out in the marketplace? I mean, is the rent to value ratio still, you know, Is there good opportunity to be had, as far as ROI for an investor that wants to buy into a residential investment or a multifamily investment, or anything related to that of residential housing?   Keith Weinhold  19:42   Well, the deals in the one to four unit space, single family homes up the four Plex buildings, yeah, just are not as good as they used to be. The ratio of rent income to purchase price is lower than it was five years ago. And that's so simple, but that's just really the simplest formula for profitability for a real estate investor, you don't have to look at cap rate or or NOI in the one to four unit space. Let's just look at that ratio of rent income to purchase price. 20 years ago, it was easy to find a full 1% meaning, on a 200k property, you could get $2,000 worth of rent income. That's that 1% ratio. But now oftentimes you've got to find something that's more like seven tenths of 1% that would be a $1,400 rent on a 200k property. So that simple formula, and I love that, the rent income divided by the purchase price when I'm looking at properties, when I'm scrolling or scanning like that's a calculation you can do in your head. It's only if I would see a ratio that appears really good, oh, that I would like drill down and look at that property more closely. So of course, when you have something that is that simple, though, rent income divided by purchase price, there's a lot of things that doesn't tell you. You know, what kind of mortgage interest rate can you get? What kind of property tax Do you pay in that jurisdiction? But really, I love the simplicity. That's it, rent divided by price, but it has been under attack. Now today, I still don't know where you're going to get a better risk adjusted return than you do with a carefully bought income property with a loan. I've always liked fixed interest rate debt the best risk adjusted return anywhere. I really don't know of a better one than with buying real estate, because real estate investors have so many profit centers, five simultaneous profit centers, which few people understand. Yeah.   Kevin Bupp  19:42   So using that, I want to, I want to unpack the the 1% rule a little bit for those that aren't familiar with it. And again, there's a lot of variables there, as you had mentioned, you know, mortgage rate, taxes, insurance and that respective market that you that you're buying in, and so what? What are you really trying to back into when applying that rule? Is there? Is there? Is there a true cash on cash return that you're hoping to achieve, again, assuming all these other variables that we just don't know, what they are at this point, you know? Is there a target range of actual ROI that you're actually looking to achieve when applying that 1% rule?   Keith Weinhold  19:42   No, I'm just looking for any positive cash flow. You know, to your point, yeah, there's nothing like the cash on cash return needs to be at least three and a half percent or something like that. But, yeah, I still like buying a property that's that's greater than a break even. Inflation is probably going to increase your cash flow over time, even if you bought a property that that broke even or just had a trickle of cash flow or a $100 cash flow today, a lot of people don't understand that fact that right there you can't count on it, you shouldn't count on. Getting rent increases. But we all know it generally happens over time at a rate of about 3% a year, but it actually increases your cash flow. If you increase your rent 5% your cash flow can often increase something like 12% why is that? How could that happen? That's because, you know, it's key for the person that was listening closely, you get fixed interest rate debt, so your rent income goes up, your expenses increase, except for that mortgage principal and interest. Inflation can touch it. It's kind of like a mosquito buzzing against a window and always trying to get in. And inflation can't touch that in a way. It's sort of like debt that's an asset in some unusual way, or some play on words, getting that debt so So yes, you can't count on rent increases over time. We know what typically happens, and that's really part of the compelling value proposition of buying income property with a loan. You're sort of leveraging inflation. You're really on the right side of it.   Kevin Bupp  20:08   Are there any particular markets that you feel are ripe for opportunity today where you're spending your focus and energies in?   Keith Weinhold  20:08   Yeah, it's still in high cash flowing markets like Memphis, okay, little rock and a good part of the Midwest and the Midwest still has home prices appreciating faster than the national average as well. So those are some of the areas that I like. Those jurisdictions also tend to have laws, as your listeners might know this already, Kevin, they tend to have laws that benefit the landlord more so than the tenant, where you can get a prompt eviction, but those are still the areas where you do get that high ratio of rent income to purchase price on a single family rental home, you might still find eight tenths of 1% meaning $800 worth of rent for every 100k of property purchase in places exactly like that.   Kevin Bupp  20:08   I was hoping that you tell me 1% rule would is applicable.   Keith Weinhold  20:08   It's pretty rare. You know, if you do see, if you do see a property that has a full 1% rent to purchase price ratio, it could be in a sketchy area, you need to make sure that you can actually get the rent in like you would get a respectful rent paying tenant in there. That's something that we would have to look at more closely.   Kevin Bupp  20:08   Have you explored building new product? Is there an opportunity there getting at a lower basis by building ground up?   Keith Weinhold  19:42   You asked such a smart question. This is actually the first time ever, as long as I've been an active real estate investor, Kevin for more than 20 years where new build purchases for income property make more sense than existing purchases. Why is that? It's because builders know that investors and borrowers are struggling to buy and afford property and make the numbers work. Like you're talking about, that builders are incentivized to buy down your rate. For you, to buy down your mortgage rate, we deal with a lot of providers that buy down your mortgage rate to 5% or less for you, and this is a fixed, long term loan in order to help get the numbers to work. You know, especially where you might see a new build property where the rent to purchase price ratio is less than seven tenths of 1% and it's just like, ah, the numbers wouldn't work paying a higher mortgage rate, but some are willing to buy them down to as little as four and a half. However, if you're looking into buying a new build income producing property, you do want to look at that closely. Who is paying for the discount points to buy down the rate. Is it the builder, or is it you? Because some builders just suggest, hey, you can buy down. You can have your rate bought down. But yeah, the next question is, yeah, okay, who is actually doing the buy down? Yeah.   Keith Weinhold  19:43   I mean, just getting tacked on. I mean, in that instance, I'm assuming that a lot of it's just getting tacked on to the to the back end of the purchase price, or it's being baked into closing costs somewhere somebody is paying for it. More than likely the borrower is paying for it. Paying for it. Is that? Is that? Again, I'm assuming we probably have that here in Florida. Again, I don't really follow the residential market too much, but there's, as you had mentioned, like, kind of on the the outskirts of Tampa, the tertiary, necessary, tertiary, probably more secondary areas. That's where a lot of the builds are happening. Lots of these, you know, planned subdivisions. You know, hundreds and 1000s of homes being put up. And in my understanding, through the grapevine, is I hear that they're, you know, sales volumes is incredibly slow, and a lot of these builders are now offering some creative loan products, again, to what you've just stated there, to attract, not necessarily even just homeowners, but also investors, to come in and buy their product from them. Is, is there a real opportunity there, though? I mean, have you seen investors be able to benefit from buying brand new product at a fair price, with economics at work keeping as a rental?   Keith Weinhold  29:53   I have and Florida has some builders that are almost desperate. I'm a long time investor. Know personally, directly in Florida, income property, Southwest Florida, places like Cape Coral, they have been ground zero for real estate depreciation, a contraction in real estate values year over year of 10% or more in some southwest Florida markets. So like the post pandemic, migration boom is certainly over in Florida. And you know, Kevin, as little as 10 years ago, people used to talk about buy in Florida. It's cheap, it's sunny, cheap and cheerful, like you would sort of hear that sort of thing about Florida real estate. That is no longer true. Florida just is not as cheap as it used to be. It's the same or higher than the national median home price now in Florida. So yes, some builders are rather desperate. The other benefit of buying new build, especially in a place like Florida, where a lot of new building has taken place and the supply actually exceeds the demand here in the short period. You can take advantage of that, not only by getting the rate buy down, but because homeowners insurance premiums are substantially less on new build property, because they're built to today's wind mitigation and other standards than they are existing property. I have a friend that just bought a new Florida duplex through us in Ocala, Florida. That's sort of a central, North Central Florida, on that new build duplex that he paid 400k for. I saw the actual insurance premium, the the rate sheet, $694.06 $694 694 so the benefit of buying new build is you get a lower insurance premium. You get these rate buy down. Sometimes what your builder will buy for you make for you rather and of course, you're probably going to have low maintenance costs for a long time, since it's a new build property, and you get a tenant that is probably going to stay longer than the average duration. They're the first person to ever live there. It's difficult for the tenant to improve their housing situation when they have a new build income property, unless they would go out and buy, and it's a very difficult time to go out and buy. So through that lack of affordability, really, the advantage for a real estate investor is tenants are staying put longer. The average tenancy duration is up because they can't run out and be a first time homebuyer.    Keith Weinhold  32:32   You know, most people think they're playing it safe with their liquid money, but they're actually losing savings accounts and bonds don't keep up when true inflation eats six or 7% of your wealth. Every single year, I invest my liquidity with FFI freedom family investments in their flagship program. Why fixed 10 to 12% returns have been predictable and paid quarterly. There's real world security backed by needs based real estate like affordable housing, Senior Living and health care. Ask about the freedom flagship program when you speak to a freedom coach there, and that's just one part of their family of products, they've got workshops, webinars and seminars designed to educate you before you invest. Start with as little as 25k and finally, get your money working as hard as you do. Get started at Freedom, family investments.com/gre, or send a text. Now it's 1-937-795-8989, yep. Text their freedom coach directly. Again. 1937795898, 77958989   Keith Weinhold  33:44   the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President chailey Ridge personally while it's on your mind, start at Ridge lending group.com that's Ridge lending group.com   Todd Drowlette  34:17   this is the star of the A and E show the real estate commission. Todd Rowlett, listen to get rich education with my friend Keith Weinhold, and don't quit your Daydream.   Kevin Bupp  34:38   That even trickles down to the to the space that we're in. We're in the mobile home park space. And while we don't have a lot of rentals inside of our portfolio, most of our residents own their home and they rent the land, but throughout our portfolio, we have roughly 400 units that we own that we have as standardized rentals, and we've noticed that trend as well. Historically. 10 years ago, you. Yeah, we track actually about, I can take it back about eight years, where we actually have data to support this. This claim is that our average renter would stay about 16 months. That was fairly standard. Whereas today it's over, it's nearly three years. At this point in time, the majority are staying nearly three in there's probably, there's some variables in there. You know, eight years ago, we weren't bringing a lot of new product into our communities, whereas a lot of the mobile home parks that we purchased today do have a lot of newer mobile homes in them. So again, to your point, it's, it's a it's a newer home. It's fresh. There might not be the first person that lived there, maybe they're only the second, right? But it's still a very new home. It's only a couple years old. All the appliances are new. It's fresh, you know, it's well insulated, and it's just a high quality product, but, but it's nearly double of what we used to experience and what we used to underwrite. It's, you know, which is, which is interesting. You know, I am, I want to, I want to circle back, you'd mentioned Cape Coral. I've got quite a bit, quite a bit of experience with Cape Coral. This is not the first time that Cape Coral and Port Charlotte in those areas have crashed. I mean, like, they've got quite an interesting history in time, back during the GFC, that area down there took probably one of the biggest hits in most of Florida, while, you know, the rest of Florida got, you know, pounded pretty hard with home values and decreasing home values decreasing rents, Port Charlotte, Cape, coral, in those areas as well. It's just It looks very different down there today. As far as you know, the job basis. I mean, there's a little bit more of a, you know, you know, an economy than what existed maybe 1015, years ago. But I don't know if you know the story of Port Charlotte. Is it some interesting history that you can if you want to spend some time, go on YouTube. There's some documentaries out there about, basically when that area was created. There's a two brothers that, essentially, you know, sold, subdivided and sold swampland and sold the dream to the northeast centers to come down and buy, you know, parcels of land down in Cape Coral, port, Charlotte and in that general area. And it took a lot of time for it develop over the years, but it's a beautiful area down there. But again, I think what happened to your point? A lot of folks during the covid era were wanting to come to Florida. We were fairly free down here. The sun was shining, you know, the Gulf of Mexico was warm, and that was a good value for a lot of folks. You know, the values were driving up there. Was home inventory down there. You got a good bang for your buck back at that point in time. But again, there's not, there's not as much as many amenities and supportive economy there. And then to me, there, like you might find in the Tampa area, or you might find Orlando, or even Ocala cow is a phenomenal market right now. And yeah, oh, Cal is, for those that don't you know you mentioned, you referenced the insurance there, which is, that's a great, that's a great price for that, that policy, you know, 700 bucks, basically, that is inland. For those that don't know the geography here in Florida, that is inland. So you are fairly protected from storms, you know, hurricanes and things of that nature, which crush us here on the on the Gulf Coast. But in any event, I just thought I'd share that there's some good, pretty cool documentaries out there in Port Charlotte, in the whole area down there, but a beautiful part of the country. But just Yeah, it's, it's suffering right now. There's, I think there's, I was looking the other day on Zillow. I just play around and check and see what waterfront home prices are going for. And down there, you can basically get a you can get a canal front home going out to the Gulf of Mexico for about $500,000 which was probably closer to 800,000 during, you know, the the boom era of 2021 2022 So historically, we used to buy properties down there. This is back in 2000 and 345, before the the GFC, we could buy those same properties for 150 and $200,000 waterfront home, waterfront homes, deep water canals going out to the Gulf of Mexico. But when it crashed, some of those homes were selling for $120,000 $100,000 so it's interesting to see how things have come kind of full circle multiple times, not just down there, but in all of Florida as well. Florida is always boom and bust. You know, I think they say that with you know, you could probably speak to that most of these coastal towns, whether it be in Florida, whether it be up the eastern seaboard, the coastal markets are definitely more of a roller coaster ride than the Midwestern markets, where you invest in would you? Would you agree with that?   Keith Weinhold  39:09   Yeah, I would. And yeah, you talk about Florida being a boom and bust, and what you said is certainly true in the shorter term. Back in the global financial crisis, we saw more price blood letting in Florida than we did in other states as well. But over the long term, the long arc, I'm bullish on Florida because of just the obvious constant in migration story. In fact, if you go back to decennial censuses, all the way back to the early 1800s every single decennial census, every 10 years, the population of Florida has rose, and it rises faster than the national average, almost all of those 10 year periods. So yeah, over the long term, I certainly like Florida, but Yeah, you sure can, you know, nitpick over the. Short term, but as little as five years from now. If you bought today, as little as five years from now, I could see someone saying, like, yeah, I bought back five years ago, because we're actually in a in a short term, overbuilt condition, and builders bought down my rate. For me, this could look savvy and this could look wise. So if you're looking for opportunity, new building Florida is definitely something to look into.   Kevin Bupp  40:22    I agree. No, absolutely. Like, the long term, you know, opportunity here in Florida, it's there, you know, it's interesting. We've got the we get these hurricanes every year. Last year was a pretty impactful year, at least here on the on the Gulf side, and the neighborhood I lived in, we got flooded. Luckily, our homes in newer builds built up. But, you know, 70% of the neighbor I lived in had 444, or five feet of seawater. And as did the, you know, the long stretch of the Gulf Coast here, and it was the first time this area has ever this immediate air right where we live, has ever had a it wasn't even a direct hit. It just happened to be a massive storm surge. But it was, you know, catastrophic as far as the damage that it did. And a lot of folks that we knew in our neighborhood here. Have lived here for 1020, 3040, or 50 years, and they had never had any floodwater whatsoever. And and there was two camps where they fell in either one camp where they didn't, they whether they had the money to rebuild or not, didn't matter. Like, mentally, they were never going to end up. They were never going to deal with that again. They were moving away, like they just didn't want to go through the heartache of that again. In the second camp, we're basically, I knew it was going to happen at some point in time. This is the kind of price to live, to pay, a live in paradise and and what ultimately occurred is, you know, you saw homes going up for sale, and in the initial chatter for those that that were impacted, is that, who's going to buy that? You know? You know, they're not going to get hardly anything for it. You know, it's just like, who's going to want to live here now that has been flooded. I said, Just wait. I'll say people have us as human beings, have short term memories. We do and and I can promise you, within a few months, those homes will be gobbled up, some will be knocked down, some will be rebuilt, but inevitably, the prices will come back incredibly strong, and you'll see very limited inventory, at least in desirable markets that are here on the water. And that's exactly that happened. Within six month period of time, prices are back up. You can't get your hands on a flooded property now, or one that had been flooded, right?   Keith Weinhold  42:12   I can believe it. And this is not the way that you want to have a waterfront property when the water inundates you and comes to you, that is not the way to buy waterfront property.   Kevin Bupp  42:23   Yeah, interesting, but, uh, no, Keith has been a fun conversation, my friend. So let's, let's talk about, you know, I like to you'll peek inside your brain if you were going to start all over again, from scratch, you know, you've been at this now, what? How long? Almost two decades. It's been, been quite   Keith Weinhold  42:38   Yes, yes, more than two decades. Is that what you're asking, how would I start, starting from today?   Kevin Bupp  42:47   Yeah, like, what would you do? Where would you focus, what asset type and any particular strategy outside of what you're doing today? You know, where would you focus your time?   Keith Weinhold  42:55   Actually, it is quite a coincidence. The way that I would start all over again in real estate is the way that I did start in real estate. It worked out phenomenally, in a way it makes sense, because if it hadn't worked out phenomenally, you never would have heard of me, and I wouldn't have become this real estate thought leader or whatever, because this is a way, an everyday person with virtually no real estate knowledge and very little money. Can start out, what I did is I made the first ever home of any kind, a four Plex building where I lived in one unit and rented out the other three. This is something very actionable for your for your audience as well, Kevin. Or if maybe you're a listener that has a an adult daughter or son and they want to get started in real estate with a bang without much money, is to buy a four Plex, just like I did. You can use an FHA loan, a three and a half percent down payment. You have to live in one of the units at least 12 months, and at last check, your minimum credit score only needs to be 580 now you will get a lower interest rate if you have a higher credit score. But those are the only three criteria you need. I mean, what a country talk about? The American Dream. You can use that FHA program with a single family home, duplex, triplex or fourplex, that's the formula. That's how I began. Actually ended up living there a little more than three years. But what that did for me was remarkable, and in fact, you know what it taught me? Kevin and every listener can benefit from this. It's paradoxical. A lot of times I say things that you would not expect to hear that make you go, wait what? Whoa, how can that be? Is what it taught me is that I don't want to focus on getting my money to work for me. You probably wouldn't expect to hear that. It's actually a middle class paradigm to say, well, I don't want to work for money. I also want to get my money to work for me. I'm telling. You that that's going to keep you middle class, or worse, that's going to keep you working until old age, and you won't have an outsized life and retirement and options. If you think that the best and highest use of your dollar is getting your money to work for you, it's not what's the paradigm shift if this four Plex building taught me the way I started out, which is still the way that I would start out today, and you probably heard this before, but I'm going to put a new twist on it. Is you want to ethically get other people's money to work for you, and we can be ethical. We can do good in the world. Provide housing that's clean, safe, affordable and functional. Never get called a slumlord that way. You can employ other people's money three ways at the same time, ethically by buying an income property with a loan, like we've been talking about in Florida, or with this fourplex building. How do you do it three ways at the same time, using the bank's money for the loan and leverage, which greatly amplifies your return beyond anything Compound Interest can do. The second of three ways you're ethically employing other people's money is you're using the tenants money to pay for the mortgage and some of the operating expenses on this fourplex. And then the third way you're simultaneously using other people's money is using the government's money for generous tax incentives at scale. So the lesson is that the best and highest use of your dollar is not getting just your money to work for you, it's other people's money, in this case, the banks, the tenants and the governments. That's what you can do. I mean, what an opportunity. A lot of people just don't even know about that FHA program.    Kevin Bupp  46:41   Yeah, I actually, I wasn't, I wasn't aware that it was that low of a down payment key. That's no idea. Three and a half percent, you said, a 550 credit score, believe me, 580 minimum credit.   Keith Weinhold  46:51   And you have to, thirdly, you have to owner occupy a unit for at least 12 months. And hey, I'm not saying it's always easy. You know, you got to think about that. Your neighbors are also your tenants. And I don't know how to fix stuff. I still don't. I'm a terrible handyman, but it's good to learn a little about about human relations. And you know, letting finding a general way to let the tenants know that you have a mortgage to pay every month. I mean, just that alone can can help them ensure timely rent payments. But, and this also doesn't mean every area, or every four Plex building is is good, but, yeah, that's the opportunity. That's how I started. I would totally do it again.   Kevin Bupp  47:27   Can you use that FHA program more than once? Or is that just the one time you know your first, first, first primary home purchase?   Keith Weinhold  47:34   It's generally you can only use one at a time. There are some exceptions, like if you and your job move, like, a certain mile radius away from where you got the first one, but, yeah, generally it's only going to be one at a time. A lot of people don't use it. Don't know about it. In fact, if you have VA benefits, Veterans Administration benefits, you can get a similar program, like I was talking about, but zero down payment, rather than three and a half with an FHA loan. It's a really good, amazingly good opportunity.    Kevin Bupp  48:05   That's incredible. That's incredible. Keith, my friend, I appreciate you coming back going. It's always good to catch up with you. Good to see that you're doing well.   Keith Weinhold  48:17   Oh yeah, a terrific chat there with Kevin. I hope that you like that really. At our core, real estate investors are not day trading. We are decade trading. Now I'm in western New York today, at the other end of the state, NYU compiled some terrific statistics that you want to hear about for nearly the past 100 years. It is the annualized returns of six major asset classes. This spans, the Great Depression, a number of recessions, World War Two, the New Deal, gold standard, abandonment, brendawoods, the Cold War, Civil Rights Movements, oil shocks, Volcker rate hikes, the.com boom and crash, the 911, attacks, the housing bubble, covid, 19, AI revolution and 16 presidencies, all those ups and downs and war and peace and economic booms and economic lows, and now there is going to be a mild tongue in cheek element here, because stats like this drive real estate investors crazy, but this is often how mainstream media portrays asset class comparisons. All right, the six asset classes are stocks, cash, bonds, real estate, gold, and then inflation, which isn't in an asset class, but it's a benchmark. All of these begin from the year 1930 so spanning almost 100 years. Let's take it from the lowest return to the high. Best return the lowest is inflation. And what do you think the CPI inflation rate is averaged over the last 100 years? Any guess at all? You might be surprised. It is 3.2% Yeah, even though the Fed's CPI inflation target has long been 2% it runs hot longer than most people believe. So therefore, today's inflation rate isn't high, it's just normal. The next highest return is cash at 3.3% How did NYU measure that the yield from three months T bills? Next up is bonds. They returned 4.3% that's the 10 year treasury average of the last 100 years. The next highest is real estate at 4.7% that uses the K Shiller Index. Now we're up to the second highest. It is gold at 5.6% and the highest is stocks at 10.3% using the s, p5, 100, and this was all laid out in a brilliant chart that also shows the returns by each decade for all of these asset classes. You'll remember that I shared the chart with you in our newsletter a few weeks ago. Now you are smarter and more informed than the layperson is, you know, but they see this chart and they think, Oh, well, that's it. I've got my answer. Real Estate's 4.7% appreciation loses out to gold's 5.6 and stocks 10.3 and then they go back to watching Love is blind. But of course, rental property owners like us know that we often make five times or more than this 4.7% when we consider all those other income streams and profit centers, leverage, rents, ROA and inflation, profiting on our debt, it's often 25 to 30% total. It's sort of like judging a Ferrari by only measuring its cupholders or something. Now, would stocks 10.3% get adjusted up as well? Yeah, probably a little, because the s and p5 100 currently averages a 1.2% dividend yield, so that might be added on the 4.7% return for real estate. That cites the popular Case Shiller Index. And the way that that index works is that it uses a repeat sales methodology. So what that means is that the Case Shiller measures the sales price of the same property over time. Therefore a property would have to sell at least twice in order to be measured by this popular and widely cited K Shiller Index. So then the 4.7% appreciation figure excludes new build homes, and new builds appreciate more than existing homes, but you do have more existing homes that sell the new build homes, so we can pretty safely assume that real estate's long term appreciation rate is higher, likely between five and 6% there it is. So yeah, making comparisons across asset classes like this is pretty tricky, because investment properties leverage and cash flow gets nullified. And when you make comparisons like this, it's a big reminder that even if you can't get much cash flow off a 20 or 25% down real estate payment, sheesh, most people put a 100% payment into stocks, gold or Bitcoin, and they don't expect any cash flow. And Bitcoin isn't part of what we're looking at for this century long view, because it did not exist until 2009 and also NYU had to use some alternative statistics. Sometimes the s, p5, 100 index only came into being in 1957 and the Case Shiller Index 1987    Keith Weinhold  54:02   next week here on the show, I expect to answer your listener questions from beginner to advanced. You've been writing in with some good ones for the production team here at GRE. That's our sound engineer, Vedran Jampa, who has edited every single GRE podcast episode since 2014 QC in show notes, Brenda Almendariz, video lead, brendawali strategy talamagal, video editor, seroza, KC and producer me, we'll run it back next week for you. I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 3  54:36   Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively.   Speaker 2  55:04   The preceding program was brought to you by your home for wealth building, get richeducation.com  

For investors, developers, and property owners, the future of real estate isn't just about location—it's about building smarter, cheaper, and more sustainably. In this episode, Brian Hamrick sits down with Josh Dorfman, climate entrepreneur, media personality, and co-founder of Plantd, a carbon-negative building materials company recognized by Fast Company as one of the most innovative in the world. Josh has spent his career at the intersection of business and sustainability. You may know him as the creator of The Lazy Environmentalist (Sundance Channel, Sirius XM, and two books). Today, he's focused on practical climate solutions that save money, boost NOI, and increase property values—without forcing investors to change how they build. Topics we cover include: How carbon-negative panels are replacing OSB and plywood in new construction—and why DR Horton placed a 10 million-panel order. The role of AI and smart HVAC systems in cutting energy costs up to 25%. Game-changing retrofits like aerosol sealing technology that stop energy leaks without tearing into walls. What's next for single-family and multifamily investors, from heat pumps and induction stoves to EV charging as a revenue stream. Why leading investors like Goldman Sachs are underwriting fossil-fuel-free buildings—and what that means for future returns. Whether you own one rental or manage a large multifamily portfolio, you'll discover actionable ways to lower expenses, future-proof your properties, and unlock new profit centers while helping the planet. Find out more: * Weekly Newsletter | https://supercool.beehiiv.com/subscribe  * YouTube Channel | https://www.youtube.com/playlist?list=PLTcMrkjAmgqzv6Jhg6-V52gShRWKdc3t4 * LinkedIn | https://www.linkedin.com/company/getsupercool * Instagram | https://www.instagram.com/getsupercool  * https://getsuper.cool/playbook/ 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

On this episode of the Apartment Syndication Made Easy Podcast, Vinney sits down with Mike Desrosiers, a seasoned operator managing over $100M in multifamily assets across the U.S. Mike's journey is filled with real-world lessons that every syndicator—new or experienced—needs to hear. From fires to hurricanes to market shifts, Mike shares how resilience, quick action, and a positive mindset have allowed him to keep scaling.   Mike and Vinney get into the true behind-the-scenes of running syndications, managing partners, and protecting investors. They break down real events that shaped Mike's approach, including:

In this episode of the Live LSCRE Podcast, Craig McGrouther and I break down how to maximize value and reduce expenses in multifamily properties.We dive into contract services, maintenance strategies, and key line items in the P&L that can make or break your NOI. Learn how strategic expense management, property tax exemptions, and smart operational practices can drive strong, risk-adjusted returns.Whether you're a new investor or seasoned in multifamily, this episode highlights practical takeaways for building more efficient, profitable real estate portfolios.Learn more about LSCRE:www.lscre.com

S-a lansat recent „Raportul de Monitorizare a Capturării Media: România”, realizat de Institutul Internațional de Presă (IPI) și Centrul pentru Cercetare în Mass-Media și Jurnalism (MJRC). Un studiu care vorbește despre importanța independenței instituțiilor care reglementează mass-media, a transparenței în materialele de presă și despre fondurile publice folosite în presă. De ce se numește așa acest raport: de monitorizare a capturării media? L-am întrebat pe Răzvan Martin, de la ActiveWatch, co-autor al raportului. Răzvan Martin: „Este vorba despre un fenomen. Traducerea e un pic brutală, dar media capture e termenul în limba engleză și e o transpunere în spațiul media a fenomenului state capture, a capturării statului. Este vorba de fapt despre corupție. Așa cum instituțiile statului pot fi capturate de diverse grupuri de interese și vorbim în cazul ăsta despre corupție, așa și entități media pot fi, la nivel local, național, european, subordonate intereselor puterii, fie ea putere politică sau economică. Și de multe ori avem de-a face cu acest tip de triunghiuri de relații incestuoase: presă, economic, politic. Și de multe ori economicul, adică patronatul de presă, are interese de business în cu totul alte domenii. Iar presa este instrumentul cu care adeseori își negociază respectivele interese de business în raport cu mediul politic. Noi am văzut și vedem, din păcate, în continuare asta în România, dar nu e nicidecum un fenomen autohton. Este de fapt o manifestare locală a unui fenomen global și care este, pînă la urmă, expresia tipului de relații de putere capitalistă, într-un fel. În momentul în care capitalul devine atît de puternic încît nu numai că deține și controlează agenda presei, dar se folosește de asta pentru a-și impune interesele sau a-și negocia interesele economice în raport cu decidenții, cu puterea politică. În Franța se poate observa de asemenea acest fenomen, cu mari companii cu interese în zone energetice sau în industria de apărare și care dețin imperii mediatice.”Raportul ține cont de „Regulamentul european privind libertatea mass-media” care a intrat în vigoare în august 2025 și pe care statele membre ale Uniunii Europene sînt obligate să-l respecte. De ce era nevoie de acest regulament comun privind libertatea presei?Răzvan Martin: „Pentru că s-a observat la nivelul Uniunii Europene că există probleme sistemice care afectează mass-media, cele despre care vorbeam la început și, de fapt, ele sînt mai largi decît fenomenul capturării media. Discuția a fost amplificată de niște evenimente tragice, asasinarea unor jurnaliși, cum a fost jurnalista din Malta, jurnalistul din Slovacia, un jurnalist în Grecia. Toate astea s-au întîmplat în ultimii 10 ani și asta a alertat decidenții de la Bruxelles, la nivelul Parlamentului și al Comisiei Europene, mai ales al Comisiei, pentru că acolo e inițiativa legislativă. S-a conștientizat că avem o problemă cu libertatea presei. Libertatea presei, libertatea de exprimare sînt drepturi fundamentale cuprinse în carta de funcționare a Uniunii Europene, iar Uniunea Europeană trebuie să ia măsuri sistemice, deci prin reglementări, pentru a proteja aceste drepturi. Dreptul la libertate de exprimare vine în paralel cu dreptul publicului la a accesa informații. Și pentru asta ai nevoie de o presă liberă, independentă și mai ales de o diversitate a informațiilor.”Apasă PLAY pentru a asculta întreaga discuție!O emisiune de Adela Greceanu și Matei MartinUn produs Radio România Cultural

Fail forward, buy smarter. In this solo deep-dive, Taylor breaks down real-world STR underwriting—no hype, just numbers. If you've ever “made a spreadsheet sing” to justify a deal, this one's for you. Learn the exact framework he's used to evaluate hundreds of thousands of properties over the past four years and how to stay disciplined when emotion wants the win.What you'll learnThe anatomy of a winning pro forma: purchase price, debt structure, closing costs, and true Total OOP (down payment, reno, amenities, furniture, vendors).Building an optimization list that actually moves RevPAR (from paint to pickleball).Revenue the right way: comping like-for-like, using data tools (AirDNA/Rabbu), and modeling Low / Mid / High scenarios.Expense reality check: utilities, supplies, PM software, cleaning fees in vs. invoices out, HOA, taxes, insurance, CapEx & reserves.NOI vs. Free Cash Flow: what lives “above the fold,” why debt service ≠ mortgage, and how to compare deals apples-to-apples.Return stack 101: cash-on-cash, principal paydown, long-view appreciation (why you should zoom out 20–25 years), and a primer on the STR tax play.The baseball mindset: why looking at hundreds of deals to land a few great ones is normal—and healthy.__Episode Sponsored By:STR SearchSTR Search is the industry leading property finder service. They've helped investors acquire over 265+ profitable STRs across the US. If you'd like the data professionals to help you find your next STR, reach out to STRsearch.com

Franco Buffoni"Aureole e tigri dal mondo queer"Racconti di un'altra letteraturail ramo e la foglia edizioniwww.ilramoelafogliaedizioni.itQuesto libro vuole essere anzitutto la testimonianza di un cinquantennale impegno, umile e costante, vòlto a dare dignità letteraria ad alcune istanze provenienti dal mondo queer.Perché, negli anni della mia formazione, quelli come me, a destra venivano considerati degli sporcaccioni, al centro dei peccatori, a sinistra una degenerazione borghese. Non era così, naturalmente: la classe operaia, di quelli come me, ne contava tanti quanti le altre classi sociali, solo che stavano nel closet. Ma, come diceva Mario Mieli, bastava frequentare i vespasiani per rendersi conto di quanti proletari en battuage li frequentassero.La situazione, almeno nel mondo occidentale, cominciò lentamente a cambiare con il Sessantotto, in un crescendo culminato il 17 maggio 1990 con la dichiarazione dell'OMS, che definì l'orientamento sessuale di quelli come me “una variante naturale dell'umana sessualità”. Dunque nessuna malattia, nessuna cura: nessuna terapia riparativa.Questi racconti sono stati scritti nella convinzione che qualche giovane possa trarre motivo di orgoglio e rinnovata dignità.*«A Central Park, senza dirgli nulla in precedenza, Louis gli fa incontrare il figlio di Benny Paret. Emile lo scruta un po', poi avvicina il viso e gli dice: “Non volevo. Assomigli molto a tuo padre”.Nel 2005 partecipa al Gay Pride e in un'intervista su Sports Illustrated fa coming out: “Se uccido un uomo tante persone capiscono e mi perdonano. Se invece amo un uomo, per molti questo resta un crimine imperdonabile. È allora che divento cattivo. Per questo, anche se non sono mai stato fisicamente in prigione, è come se fossi rimasto in cella per quasi tutta la vita”.»*Franco Buffoni ha pubblicato Suora carmelitana (1997), Il profilo del Rosa (2000), Guerra (2005), Noi e loro (2008). L'Oscar Poesie 1975-2012 raccoglie la sua opera poetica. Con Jucci (2014) ha vinto il Premio Viareggio. In seguito sono apparsi Avrei fatto la fine di Turing (2015), l'opera teatrale Personae (2017), La linea del cielo (2018), Betelgeuse e altre poesie scientifiche (2021). È autore dei romanzi Zamel (2009), Il servo di Byron (2012), La casa di via Palestro (2014), Il racconto dello sguardo acceso (2016), Due Pub tre poeti e un desiderio (2019), Silvia è un anagramma (2020), Vite negate (2021), Il Gesuita (2023). Nel 2025 Interlinea ha pubblicato la raccolta di saggi Nel nome del male; Mondadori Poesie 1975-2025 comprensivo del nuovo libro La coda del pavone (2025). Il suo sito è www.francobuffoni.itDiventa un supporter di questo podcast: https://www.spreaker.com/podcast/il-posto-delle-parole--1487855/support.IL POSTO DELLE PAROLEascoltare fa pensarehttps://ilpostodelleparole.it/

Click Here for the Show Notes Today's Throwback Thursday episode of Passive Real Estate Investing brings back a listener favorite that's just as relevant now as when it first aired. In this episode, Marco revisits a great question from Victor, a new investor who—along with his sister—recently closed on their first three seller-financed rental properties. Victor asks when investors should start paying themselves from rental income and how much is appropriate. Marco uses this as a springboard to clarify how to correctly calculate NOI, how to think about expenses, and how to align your payout decisions with your overall investment strategy. He also breaks down the difference between focusing on cash flow now versus reinvesting for rapid portfolio growth, plus how the “snowball” method of mortgage payoff can speed up your journey to financial freedom. If you enjoy this episode, be sure to subscribe, share it with a fellow investor, and leave a review—your feedback helps us reach more people on the path to passive income. -------------------------------- Throwback Thursday Episode (The episode originally took place in the year 2021) This episode is part of our Throwback Series and may include references to older content such as web classes, events, promotions, or links that are no longer active or available. While the conversation and insights still hold value, please note that some information may be outdated. -------------------------------- If you missed our last episode, be sure to listen to 5 Insurance Mistakes Costing Investors Thousands (and a St. Louis Market Update) Download your FREE copy of:  The Ultimate Guide to Passive Real Estate Investing. See our available Turnkey Cash-Flow Rental Properties. Our team of Investment Counselors has much more inventory available than what you see on our website.  Contact us today for more deals.

Fernando Angelucci is a self-storage investor and syndicator who's transacted on over $200M worth of self-storage facilities across dozens of states in just six years. After starting in house painting, flipping, and multifamily, he ditched the “three T's” (tenants, toilets, trash) and went all-in on self storage, where he now specializes in wholesaling, value-add deals, and creative seller-financed structures—while spending most of the year living abroad.​ On this episode we talk about: Fernando's journey from immigrant parents and a Fortune 50 corporate job to full-time real estate investor How he used 60 credit cards and $97K in high-interest debt to launch his flipping business (and why he doesn't recommend it) Why he pivoted from flipping and rentals into self storage and what makes the asset class so attractive How to wholesale self-storage deals step-by-step, from building lists to skip tracing to talking with owners The key underwriting metrics he uses (supply index, price per square foot, occupancy, and competition) How he structures creative seller-financed deals (multiple offer structures, master lease options, and more) The importance of reps, rejection, accountability, and public goals in getting your first deal done Top 3 Takeaways Self storage is a powerful, scalable niche. With roughly two-thirds of facilities owned by mom-and-pop operators, there's a massive opportunity to buy under-managed properties, modernize operations (web presence, pricing, tech), and quickly increase NOI. Wholesaling self storage is a low-capital way to start. By buying data, skip tracing owners, building relationships, and assigning contracts, you can generate large fees without taking title or raising huge amounts of capital—while learning the business from inside the deal flow. Creative financing unlocks deals banks won't touch. By really listening to an owner's “why” (retirement income, grandkids' tuition, travel), you can craft seller-financed structures, second-position notes, and master leases that solve their problem and allow you to acquire cash-flowing assets with minimal money down. Notable Quotes “Once you get comfortable with people saying no and failure, then you just realize it's reps. That's all you gotta do—reps.” “If you're always 100% full, that's not a good thing in self storage. It means your rents are too low.” “Too many people rush to get a contract. Slow down and find the why behind the why—then structure the deal around that.” Connect with Fernando Angelucci: Website / Investing: https://ssse.com​​ Instagram: https://www.instagram.com/thestoragestud​ ✖️✖️✖️✖️

On this episode of Zen and the Art of Real Estate Investing, Jonathan welcomes Benjamin Kanner, CEO and co-founder of 3V Infrastructure, a company focused on delivering long-term, scalable EV charging solutions for multifamily portfolios. With a background spanning commercial real estate, renewable energy project finance, and multiple startups, Ben brings a uniquely holistic view of how electrification intersects with property ownership and investor demand. His company's model—installing, owning, and operating EV chargers at no cost to property owners—creates a compelling new amenity for renters while helping owners stay ahead of rapidly shifting consumer expectations. Throughout the conversation, Ben and Jonathan discuss the accelerating adoption of electric vehicles, why multifamily properties sit at the center of this transition, and the economic forces shaping the need for reliable, long-dwell charging infrastructure. Ben explains the cost drivers behind EV ownership, how modular battery technology is evolving, and why Level 2 charging is the most practical option for home-based needs. He also breaks down how 3V underwrites utilization, diversifies risk across large portfolios, and helps property owners increase rents and tenant satisfaction—all without capital outlay. Listeners will gain a deeper understanding of how EV charging impacts NOI, what's really happening with power demand, why used EV markets will expand rapidly, and how owners can prepare their buildings for the next decade of transportation needs. Whether you're an LP, a multifamily operator, or simply curious about electrification, this episode highlights the strategic advantage of early adoption.   In this episode, you will hear: Why EV adoption has crossed a national inflection point and what that means for multifamily owners. How 3V Infrastructure finances, installs, and maintains EV chargers with no upfront cost to operators. The economics of EV ownership—including maintenance, fueling costs, and battery modularity. Why Level 2 charging is ideal for long-dwell environments like apartment communities. The role of data, utilization modeling, and EV "rent rolls" in determining charger counts. How electrification, grid demand, and infrastructure investment will shape the next decade of CRE. Follow and Review If you enjoy the show, please follow Zen and the Art of Real Estate Investing on Apple Podcasts and leave a rating and review. It helps other listeners discover these conversations and supports the show's growth. Supporting Resources Connect with Benjamin: Website: https://www.3vinfrastructure.com/  Connect with Jonathan: Website - www.streamlined.properties  YouTube - www.youtube.com/c/JonathanGreeneRE/videos  Instagram - www.instagram.com/trustgreene  Instagram - www.instagram.com/streamlinedproperties    Zillow - www.zillow.com/profile/streamlinen​j Bigger Pockets -  www.biggerpockets.com/users/jonathangreene Facebook - www.facebook.com/streamlinedproperties  Email - info@streamlined.properties   This episode was produced by Outlier Audio.   

John Casmon interviews Ed Mathews, a former Silicon Valley tech executive who walked away from a high-flying software career to build a more family-centered, freedom-focused life through real estate. Ed shares how missing too many “18 summers” with his daughters pushed him to leave DocuSign and go all-in on multifamily after seven years of flipping houses and small-building rehabs on the side. He explains how he scaled his Connecticut portfolio by finding “rock star” contractors through trade-to-trade referrals, building tight systems, and using process—not heroics—to let average people perform exceptionally well. Ed details why he prefers long-term residents over constant value-add turnover, how he achieved 4.2-year average stays, and why responsiveness, respect, and presence on site drive both mission and NOI. The conversation closes with his shift away from property management toward asset management, his expansion into AI-powered operations, and the launch of both a debt fund and private equity fund to pursue larger 150-unit-plus acquisitions. Ed MathewsCurrent role: Founder & CEO, Clark Street CapitalBased in: ConnecticutSay hi to them at: Website: https://www.clarkst.com Phone: (860)675-5800] YouTube: https://www.youtube.com/@clarkstinvestorsacademy Podcast: https://www.clarkst.com/podcast LinkedIn: https://www.linkedin.com/company/clark-st-capital Twitter: https://twitter.com/clarkstcapital1 Facebook: https://www.facebook.com/ClarkStCapital Instagram: https://www.instagram.com/clarkstcapital Start earning passive income today at gsprei.com/bestever Alternative Fund IV is closing soon and SMK is giving Best Ever listeners exclusive access to their Founders' Shares, typically offered only to early investors. Visit smkcap.com/bec to learn more and download the full fund summary. Join us at Best Ever Conference 2026! Find more info at: https://www.besteverconference.com/  Join the Best Ever Community  The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria.  Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at⁠ ⁠⁠⁠www.bestevercommunity.com⁠⁠ Podcast production done by⁠ ⁠Outlier Audio⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Matt Faircloth interviews Robert Beardsley, partner at Lone Star Capital (LSCRE), about navigating the current multifamily cycle, surviving 2021–2022 acquisitions, and why the most resilient opportunities today hinge on debt structure, affordability incentives, and supply-constrained submarkets. Robert breaks down how Texas multifamily has shifted from a “prices only go up” environment to a more balanced but still competitive market, where Class B suburban assets with little new supply outperform shiny Class A developments offering heavy concessions. He explains how LS CRE avoided major distress by minimizing bridge debt exposure and shifting early into affordable-housing-driven acquisitions—leveraging tax-exemption partnerships with housing authorities to create stable NOI without risky value-add pushes. The two dive deep into rising treasuries, soft-landing odds, rent-to-income resilience, recession risk, Texas HB 21 fallout, and why hundreds of improperly structured tax-exemption deals may implode when exemptions expire in 2026. Robert BeardsleyCurrent role: LSCRE, Founder/CEOBased in: Houston, TexasSay hi to them at: https://lscre.com Start earning passive income today at gsprei.com/bestever Alternative Fund IV is closing soon and SMK is giving Best Ever listeners exclusive access to their Founders' Shares, typically offered only to early investors. Visit smkcap.com/bec to learn more and download the full fund summary. Join us at Best Ever Conference 2026! Find more info at: https://www.besteverconference.com/  Join the Best Ever Community  The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria.  Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at⁠ ⁠⁠⁠www.bestevercommunity.com⁠⁠ Podcast production done by⁠ ⁠Outlier Audio⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

A broker from a national pizza chain asked me to extend their lease and lower their rent by $5/SF. But instead of panicking, I asked a better question: “Would they be open to leaving instead?” In this episode, I break down the full story—and why more landlords need to stop reacting from fear and start thinking strategically.From understanding tenant exclusives in the market to knowing when to call a bluff, I walk you through exactly how I handled this pitch, the math behind restaurant margins, and why you should never drop rent without seeing sales. If you're being hit with rent reduction requests—especially from nationals—this is a must-listen playbook for keeping your NOI strong.

Behind every successful property turnaround is a set of choices that shape the outcome. In this solo episode of the Real Estate Investor Podcast, Gary Lipsky walks listeners through a detailed case study of Icon on Spanish Trail, the 256-unit Tucson property he acquired in December 2023. He explains why the deal stood out (an institutional-quality asset purchased at a discount during a period of low transaction volume) and how his team crafted a business plan centered on water savings, staff optimization, and cost-effective upgrades. Gary breaks down the improvements that delivered the biggest impact, from high-efficiency plumbing fixtures and privacy fences to selective painting and smart amenity additions. He also shares the early challenges, including occupancy dips and renovation difficulties, and how focusing on controllables helped stabilize the asset and lift NOI (Net Operating Income) by 36% in the first year. Tune in for a transparent look at the wins, struggles, and strategic pivots behind this value-add execution!Key Points From This Episode:Why Gary chose to spotlight Icon on Spanish Trail as a case study.How limited deal flow in Tucson in 2023 created a rare buying opportunity.What was appealing about the deal: scale, quality, and discounted pricing.An overview of the business plan's focus on water savings and operational efficiencies.Targeted upgrades, including low-flow fixtures and privacy fences.Selective repainting and amenity improvements to enhance the property.How cost controls and efficiencies lifted NOI by more than 36% in year one.Navigating early struggles with occupancy and constraints on pushing rents.Capital-raising challenges due to tight liquidity and investor uncertainty.Washer-dryer additions as a controllable income-generating upgrade.Refinancing the property to lower-rate debt and greater savings.Community-building as a driver of retention and resident satisfaction.Gary's key lessons for focusing on controllables, efficiency, and stability.Current investment opportunities, from Class A and C options to Icon on Headley.Links Mentioned in Today's Episode:Icon on Spanish TrailIcon on HeadleyEmail Andy Huang, Investor Relations ManagerAndy Huang on LinkedInAsset Management Mastery Facebook GroupInvest SmartBreak of Day CapitalBreak of Day Capital InstagramBreak of Day Capital YouTubeGary Lipsky on LinkedIn

«Sono fiero dello sviluppo della città, ma certe notizie mi fanno arrabbiare» — (integrale su cdtlink.ch/ex-sindaco con tanto di videointervista) — L'ex sindaco di Locarno, Alain Scherrer, a tutto campo dopo un periodo di silenzio «per avere il giusto distacco»: dalle aggregazioni al Film Festival che chiede di cambiare le date, al ricorso sui concerti estivi — «Seguo la politica e preferisco farlo con un certo distacco, perché voglio rispettare le scelte della compagine che ha preso posto a Palazzo Marcacci». «Sì, ora accetto con grande piacere il vostro invito, prima mi pareva prematuro». Alain Scherrer è in formissima e ha scelto Palazzo Marcacci come luogo simbolo per ambientare un'intervista a tutto campo da rilasciare in esclusiva al Corriere del Ticino. «Sono stati gentili, abbiamo la possibilità di starcene nientemeno che nella sala del Municipio, dove ho lasciato un pezzo del mio cuore», afferma carico d'entusiasmo con il suo immancabile sorriso, salutando la ragazza allo sportello della cancelleria. «Credo sia passato il tempo necessario per poter rispondere alle vostre domande senza voler apparire invadente», aggiunge mentre sale le scale a passo spedito verso la stanza dove per lungo tempo ha retto il timone della Città di Locarno. Una volta entrato, si guarda in giro e indica con emozione il suo posto, «a capotavola». Sono passati quasi due anni dalle elezioni comunali del 14 aprile 2024, dalle quali è scaturita la nuova composizione dell'Esecutivo, rinnovato per quattro settimi. Il nostro interlocutore, all'epoca, aveva annunciato con largo anticipo di non volersi ricandidare.«Il nuovo Municipio? Mi piace questa squadra. Conosco molti di loro: chi ha già vissuto questa casa e chi ora vi entra con entusiasmo. Hanno visione, competenza, e soprattutto il mio successore ha un vero senso dello Stato, orientamento strategico, conoscenza profonda delle tematiche e il suo saper fare è lucido e concreto. Li vedo lavorare con serietà, e ho fiducia. È un sentimento raro, e me lo tengo stretto». Il neo sessantenne («Ma non mi sento vecchio, eh? Facciamo solo... meno giovane di prima, dai») riavvolge il nastro del tempo: «Ho cominciato a fare il sindaco proprio il giorno del mio cinquantesimo compleanno. Nove anni intensi. E se ci mettiamo anche i tempi in Municipio, sono quasi vent'anni. Vent'anni passati dentro queste stanze: riunioni interminabili, notti di scelte pesanti, migliaia di pomeriggi spesi per la Città. E, credetemi, ogni ora è stata viva».Si apre, tuttavia, una nuova fase. Più «distaccata», se si può definire così: «Sto molto bene, ho tempo per me e per la famiglia. Quando sei immerso in un ruolo istituzionale così in vista, non ti rendi conto di quanto sia totalizzante. Solo quando ti fermi capisci quanto correvi. Sono orgoglioso della mia Città. Leggo i giornali, mi rallegro quando trovo belle notizie e m'arrabbio per quelle negative, che però adesso vivo in modo differente. Oggi le decisioni sono in mano alla nuova compagine e il mio auspicio è che le sue scelte siano sempre guidate dal bene per la popolazione e non da speculazioni elettorali», esclama, citando i progetti principali che contribuiranno al rilancio di Locarno, come la riqualifica di piazza Grande e Largo Zorzi, il centro congressuale, la Rotonda, il Castello e il Museo di storia naturale. «Mi rendo conto che abbiamo avviato tanti progetti, forse troppi pensando alla forza finanziaria della Città e ciò non rende facile il lavoro a chi siede oggi nell'Esecutivo».E, a proposito di «arrabbiature», sul tavolo di Bellinzona era stata consegnata, ancora nella precedente legislatura, l'istanza di aggregazione con Lavertezzo, insieme alla collega Tamara Bettazza. Qualche settimana fa - dopo il «cambio della guardia» primaverile che ha portato Andrea Berri alla guida del piccolo Comune - colpo di scena: questi appare in foto con l'omologo Damiano Vignuta, di Gordola, voltando le spalle al «matrimonio» previsto con Locarno e avviando un altro tra i loro due Comuni. «Con tutto il rispetto per i protagonisti, questa fotografia mi ha fatto male», dice con rammarico.«Ad ogni modo il merito è stato di riaprire il dialogo, soprattutto con Losone e Minusio, che sono interlocutori preziosi. Altri, invece, sembrano solo approfittare della centralità di Locarno, rivendicano autonomia ma poi non sono capaci di gestire i progetti importanti, come è accaduto a Muralto con il nodo intermodale alla stazione. La fusione degli enti locali attorno al nucleo dell'agglomerato urbano è a mio avviso inevitabile, dato che la frammentazione rallenta lo sviluppo». Note più positive (letteralmente) per un altro capitolo importante nella vita dell'intervistato. Da due decenni, infatti, canta nel complesso «Vasco Jam». «La musica, il palco: è la mia seconda famiglia. Il gruppo ha 41 anni ed è probabilmente la cover band di Vasco più longeva di sempre. È casa mia. Noi sul palco ci divertiamo, e la gente lo sente».Sempre in ambito musicale, ecco spuntare un ulteriore tasto dolente: il ricorso di un esercente di piazza Grande contro i concerti estivi: «Mi rattrista vedere chi antepone interessi personali all'estate di Locarno. Piazza Grande è un simbolo potente. Qui sono passati nomi che hanno lasciato memoria nel mondo. Non possiamo rischiare che qualcuno rovini tutto per egoismi». L'altro pilastro della bella stagione è il Festival, la manifestazione culturale più importante a livello nazionale. Che vorrebbe anticipare la programmazione. Un'opportunità da cogliere? «La questione è delicata. Capisco l'industria cinematografica, ma anche il turismo vive di equilibri delicati. Il calendario è un incastro prezioso. Il Festival è un pilastro: Locarno grazie a questa manifestazione vive di cultura».Infine, la politica. Perché è proprio il «suo» PLR ad aver perso il quarto seggio del distretto in Gran consiglio. «Sì, anni fa avrei voluto fare un'esperienza a livello cantonale. Ma oggi non ne sono più attratto. La politica, parlo in generale, non dialoga più con la vita reale. È incompatibile con il mio modo di intendere il servizio pubblico. Manca il cuore. Manca il coraggio. Manca la coerenza. Manca la concretezza. Si preferisce apparire invece di agire, inseguire consenso invece di assumersi responsabilità. È un mondo che si racconta, ma non costruisce più. Io non ci sto. Voglio continuare a fare del bene, ma non accanto ai giochi di potere. Non come sindaco, voglio farlo come uomo. E le persone, non i ruoli, fanno la differenza».

Think you need your own money to buy a storage facility? Think again. In this episode, I'm sharing how I've funded every single one of my storage deals without ever using a dime of my own cash. Whether you're new to the game or ready to scale, this episode gives you the exact financing strategies, mindset shifts, and practical steps to start taking action now—even if your bank account says otherwise. I'm breaking down multiple creative funding methods, from SBA loans and seller financing to private lenders and equity partners. You'll also hear how to position yourself to lenders with confidence (even if you're a beginner), and the common mistakes to avoid when presenting your deal. If money has been your #1 excuse, it's time to delete that thought—because this episode is your playbook for making storage investing possible right now. What You'll Learn in This Episode: [1:47] The mindset shift that helps you attract the money you need [3:02] Why storage is one of the easiest assets to finance [6:26] Key funding metrics explained: NOI, DSCR & more [10:21] Case study: how I raised $350K for my first deal through relationships [12:52] 6 funding strategies to buy storage with none of your own money [19:00] How to build a lender-ready financial package that impresses [23:56] Mistakes to avoid with banks, lenders, and partners You'll Learn How To: Fund storage deals using SBA loans, seller financing, private money, and equity partners Present yourself like a pro to lenders (even as a first-timer) Build relationships and structure win-win deals that sellers and lenders love Get organized and pitch with confidence using a lender-ready package Avoid the top mistakes that can sabotage your funding Who This Episode Is For: New investors who think they need savings to get started Anyone intimidated by talking to banks or lenders Action takers ready to find deals and let the funding follow Storage Wins members looking to apply what they've learned in the real world Why You Should Listen: The #1 reason most people never buy their first storage facility is because they believe they need their own money. I'm here to prove that's simply not true. This episode arms you with the tools, language, and confidence to get funding for your first (or next) deal—even if you're starting from zero. Trust me, the money is out there. You just need to know how to access it.   Follow Alex Pardo here: Alex Pardo Website: https://alexpardo.com/ Alex Pardo Facebook: https://www.facebook.com/alexpardo15 Alex Pardo Instagram: https://www.instagram.com/alexpardo25 Alex Pardo YouTube: https://www.youtube.com/@AlexPardo Storage Wins Website: https://storagewins.com/ Have conversations with at least three to give storage owners, brokers, private lenders, and equity partners through the Storage Wins Facebook group. Join for free by visiting this link: https://www.facebook.com/groups/322064908446514/

How do landlords make extra money beyond monthly rent? In this video, we break down 10 hidden revenue streams inside multifamily apartment buildings that most investors overlook. If you want to increase multifamily income, boost rental property cash flow, and maximize profits without raising rent, this breakdown will show you exactly where the real opportunities are. Many multifamily owners rely only on rent checks, but the most profitable investors build multiple high-margin income streams that stack on top of their existing operations. From pet fees, storage units, garages, parking tiers, RUBS billing, bulk Wi-Fi, valet trash, laundry revenue, and value-add services, you'll learn how to turn your property into a platform that generates predictable, recurring cash flow every month. What you'll learn in this video: • How to increase multifamily revenue using proven strategies • The best ancillary income ideas for multifamily properties • Ways landlords make extra money without pushing tenants away • How to add new revenue streams to apartment buildings • How to boost rental property cash flow using high-margin services • Why some owners earn $300–$500 more per unit per year • How smart operators improve NOI with low-cost upgrades These strategies work for small landlords, multifamily investors, apartment operators, and anyone looking to improve performance and profitability. If you want to grow cash flow, improve NOI, and operate like a professional, this is for you. Links Referenced in Episode: SS216: The EASY Way to Attract Great TENANTS Without Spending a Fortune - https://youtu.be/WmKGYiDzdwI Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/  ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

What would you risk to win the deal of a lifetime?In this episode, I'm sharing the behind-the-scenes story of one of the most competitive acquisitions of my career—where I took a $30,000 gamble before getting the deal, beat out five other buyers, and closed in just three days. And yes, I turned a former strip club into a retail center generating $740,000 in NOI.This wasn't luck—it was strategy, speed, and a little creative thinking. I'll walk you through the relationships I spent years building, the unconventional move my partner suggested, and the mindset that helped me take the leap. If you've ever been neck-and-neck for a deal, this episode will challenge the way you play the game.Because sometimes, the deal doesn't go to the highest bidder—it goes to the boldest.

1) Striscia di Gaza. Il cessate il fuoco sempre di più un miraggio. Nelle ultime 24 ore l'esercito israeliano ha ucciso almeno 30 persone, la maggior parte erano bambini. 2) ”Noi restiamo qui“ reportage da “Nabi Samwil”, il villaggio palestinese nei pressi di Gerusalemme assediato dai coloni. 3) Ucraina. Donald Trump adotta il piano russo e spinge Kiev verso la capitolazione. Il punto di Esteri 4) Belem2025. Mancano poche ore alla chiusura della Cop30, cresce l'attesa per il documentale finale. 5) Madrid, 20 novembre. 50 anni fa la morte del dittatore Franco. Oggi la sua eredità - neofascismo e revisionismo – va a gonfie vele grazie a TikTok. 6) World Music. Dalla Mauritania “Yenbett“ dell'artista Noura Mint Seymali, un album femminista con un mix di musica tuareg e sonorità moderne.

Frankenstein di Guillermo Del Toro e Dracula–L'amore perduto di Luc Besson riportano al cinema due classici della letteratura gotica. Andrea Segre, nel suo documentario Noi e la grande ambizione, racconta l'attivismo e l'impegno politico delle ultime generazioni. La cantante pop spagnola Rosalía stupisce con Lux, un nuovo album che mescola arrangiamenti orchestrali a temi mistici e religiosi. Le Gallerie d'Italia di Torino dedicano una mostra alla spettacolare fotografia di Jeff Wall. CONTiziana Triana, responsabile editoriale di Fandango libriAndrea Segre, registaGiovanni Ansaldo, editor di musica di InternazionaleDaria Scolamacchia, photo editorMusiche di Carlo Madaghiele, Raffaele Scogna, Jonathan Zenti e Giacomo Zorzi.Dracula–L'amore perduto: https://www.youtube.com/watch?v=U0Xqy3Ws5HI&t=41sNoi e la grande ambizione: https://vivofilm.it/production/noi-e-la-grande-ambizione/ Rosalía, Reliquia: https://www.youtube.com/watch?v=xPaSuWrBAQI Jeff Wall: https://www.youtube.com/watch?v=HkVSEVlqYUw&t=63sCi piacerebbe sapere cosa pensi di questo episodio. Scrivici a podcast@internazionale.it Se ascolti questo podcast e ti piace, abbonati a Internazionale. È un modo concreto per sostenerci e per aiutarci a garantire ogni giorno un'informazione di qualità. Vai su internazionale.it/abbonatiConsulenza editoriale di Chiara NielsenProduzione di Claudio Balboni e Vincenzo De SimoneMusiche di Tommaso Colliva e Raffaele ScognaDirezione creativa di Jonathan Zenti

When we chant Haṛe Kṛṣṇa, we hear Haṛe Kṛṣṇa, and we perhaps take some time every day to chant individually, otherwise known as japa, or mantra meditation, it's possible that we could take it for granted or any of the other aspects of devotional service. I've read about monks who have been in a monastery for many years, and they have midlife crises where they start questioning their practice after so many years. And we often see that when people first come to Kṛṣṇa consciousness, they feel extremely fortunate because they realize the contrast between where they've been and what they've walked into, which is a spiritual environment. But when you are in the spiritual environment for a long time, unless you're conscientious about it and careful in the environment, then it's possible to either feel entitled or take it for granted, which may be the same thing or related as cousins. And at the same time, it is also completely possible to stay awake to one's good fortune of being in the practice of Kṛṣṇa consciousness. There are various qualities that Śrīla Rūpa Gosvāmī, our main Ācārya, or teacher for Kṛṣṇa consciousness from 500 years ago, recommended—12 in all. He had given them in "do's and don'ts." He recommended that we are careful about atyāhāra, which literally means overeating, but it also means over-collecting, getting involved in collecting things that are not necessary, and working very hard for worldly things that distract us from our main interest in life, which is to utilize our time to become conscious of Kṛṣṇa. Atyāhāraḥ prayāsaś ca prajalpo (NOI 2)... He says, "I'm giving you the 'not-to-do' list." You may have a "to-do" list somewhere with you tonight or in your car at home, right? But you can also have a "not-to-do" list. It's equally as important. ------------------------------------------------------------ To connect with His Grace Vaiśeṣika Dāsa, please visit https://www.fanthespark.com/next-steps/ask-vaisesika-dasa/ ------------------------------------------------------------ Add to your wisdom literature collection: https://iskconsv.com/book-store/ https://www.bbtacademic.com/books/ https://thefourquestionsbook.com/ ------------------------------------------------------------ Join us live on Facebook: https://www.facebook.com/FanTheSpark/ Podcasts: https://podcasts.apple.com/us/podcast/sound-bhakti/id1132423868 For the latest videos, subscribe https://www.youtube.com/@FanTheSpark For the latest in SoundCloud: https://soundcloud.com/fan-the-spark ------------------------------------------------------------ #nottodolist #spiritualhabits #habits #spiritualawakening #soul #spiritualexperience #spiritualpurposeoflife #spiritualgrowthlessons #secretsofspirituality #vaisesikaprabhu #vaisesikadasa #vaisesikaprabhulectures #spirituality #bhaktiyoga #krishna #spiritualpurposeoflife #krishnaspirituality #spiritualusachannel #whybhaktiisimportant #whyspiritualityisimportant #vaisesika #spiritualconnection #thepowerofspiritualstudy #selfrealization #spirituallectures #spiritualstudy #spiritualquestions #spiritualquestionsanswered #trendingspiritualtopics #fanthespark #spiritualpowerofmeditation #spiritualteachersonyoutube #spiritualhabits #spiritualclarity #bhagavadgita #srimadbhagavatam #spiritualbeings #kttvg #keepthetranscendentalvibrationgoing #spiritualpurpose

How do you find a Value-Add Multifamily deal that still pencils out when the last one closed 28 months ago?

In questo articolo affrontiamo uno degli argomenti che più vi fa venire il mal di testa: quando usare l'ausiliare ESSERE e quando usare AVERE? Lo so, lo so... ogni volta che dovete formare un tempo composto vi viene il panico! "Ma si dice ho andato o sono andato?" "È ho piaciuto o sono piaciuto?" Tranquilli! Vi spiego tutto con regole chiarissime e trucchi infallibili. E alla fine di questo articolo, non avrete più dubbi! Promesso! Tempi Composti: Come scegliere l'ausiliare giusto? Quando Usare "ESSERE"? L'ausiliare ESSERE si utilizza in diversi casi specifici che è importante conoscere e riconoscere. La caratteristica principale dei verbi che richiedono "essere" è che il participio passato deve concordare in genere e numero con il soggetto. 1) Verbi di Movimento (Spostamento da un Luogo all'Altro) I verbi di movimento che indicano uno spostamento da un posto all'altro o un cambiamento di posizione richiedono sempre l'ausiliare ESSERE. Questi verbi esprimono l'azione di muoversi, spostarsi o cambiare la propria collocazione nello spazio. Verbi principali: andare, venire, tornare, partire, uscire, entrare, cadere, fuggire, arrivare, salire, scendere, rientrare RICORDA: Con l'ausiliare "essere", devi concordare il participio passato in genere e numero con il soggetto. Esempi pratici: Io sono andata al supermercato (soggetto femminile singolare) Paolo è tornato dal suo viaggio ieri (soggetto maschile singolare) Noi siamo partiti per Parigi un anno fa (soggetto maschile plurale o misto) Le tue sorelle sono venute a casa mia ieri (soggetto femminile plurale) Maria e Luca sono usciti insieme stasera (gruppo misto: si usa il maschile plurale) Il treno è arrivato in ritardo stamattina Sono salita al terzo piano a piedi ATTENZIONE: Eccezioni con "AVERE" Alcuni verbi che indicano movimento, ma senza specificare la destinazione o il punto di arrivo, utilizzano invece l'ausiliare AVERE: Verbi con AVERE: ballare, camminare, nuotare, correre, viaggiare, passeggiare Perché usano AVERE? Perché questi verbi descrivono un'azione continuativa senza indicare uno spostamento specifico da un punto A a un punto B. Esempi: Ho camminato per due ore (movimento generico, nessuna destinazione specifica) Abbiamo ballato tutta la notte Ho nuotato in piscina Hanno corso per mantenersi in forma NOTA BENE: Anche CADERE richiede sempre l'ausiliare "essere" perché indica un cambiamento di posizione: Sono caduto dalle scale. 2) Verbi di Permanenza (Stare in un Luogo o in una Condizione) I verbi di permanenza indicano il fatto di rimanere in un certo luogo o di mantenere una determinata condizione per un periodo di tempo. Esprimono staticità piuttosto che movimento. Verbi principali: stare, restare, rimanere, durare Esempi pratici: Ieri sono rimasta a casa tutto il giorno perché dovevo lavorare (permanenza in un luogo) Luca è stato fermo tutto il tempo perché aveva paura (permanenza in una condizione) Loro sono rimasti dentro perché stava diluviando Il film è durato troppo (durata temporale) Siamo stati in silenzio per rispetto Le ragazze sono rimaste sole tutto il weekend Questi verbi esprimono la continuità di uno stato o di una posizione, senza implicare movimento o cambiamento attivo. 3) Verbi che Esprimono Cambiamenti di Stato Questa categoria include tutti i verbi che indicano una trasformazione, un cambiamento fisico o psicologico, o l'inizio/fine di uno stato. Sono verbi che descrivono come qualcosa o qualcuno diventa diverso da come era prima. Verbi principali: nascere, morire, crescere, diventare, invecchiare, dimagrire, ingrassare, impazzire, arrossire, guarire, ammalarsi, migliorare, peggiorare, cambiare, scomparire, apparire Esempi pratici con spiegazione: Sono nata nel 1996 (inizio dell'esistenza) Luca è diventato famoso grazie a quel video (cambiamento di condizione sociale)

Axel shares five practical leasing strategies that every multifamily operator can implement to reduce vacancy, maximize rent roll, and ultimately increase NOI.These are simple, high-impact tactics that work whether you self-manage, run an in-house property management team, or work with a third-party manager. Axel also breaks down how to use staggered lease terms to avoid bad leasing cycles, how and why to incentivize referrals, how to drive more online reviews, and how to structure concessions for both new leases and renewals in a way that increases retention without damaging your long-term rent roll.Take note of the tips in this episode and apply the ones that fit your multifamily operations.Join us as we dive into:How to use staggered lease terms to avoid costly seasonal vacancyA simple resident referral incentive that increases leasing traffic and retentionThe most effective moments to ask for (and reward) reviewsHow to offer concessions strategically to drive faster lease conversionsHow to boost renewal rates using longer-term renewals paired with one-time creditsAre you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.NH Multifamily Fund III Details:Download The OM For The NH Multifamily Fund IIIAccess The Deal Room For The NH Multifamily Fund IIIConnect with Axel:Follow him on InstagramConnect with him on LinkedinSubscribe to our YouTube channelLearn more about Aligned Real Estate Partners

Evan Polaski is the Director of Capital Raising at Black Gate Partners, where he leads investor relations and capital strategy for multifamily real estate syndications. With 18 years of commercial real estate experience—including roles in retail development, multifamily investments, and investor communications—Evan brings a rare blend of institutional perspective and hands-on execution. He has invested as both a general and limited partner and is known for his candid approach to alignment, underwriting scrutiny, and investor education.     Make sure to download our free guide, 7 Questions Every Passive Investor Should Ask, here.     Key Takeaways Great deals and abundant capital rarely align—it's always a pendulum A conservative deal today may have felt aggressive just 24 months ago True GP-LP alignment is nuanced and difficult to achieve—acquisition fees often skew incentives Passive investors should study sponsors' fee structures, co-investments, and transparency The best investor relations approach isn't sales—it's expectation management     Topics Falling in Love with Real Estate Early Evan's fascination with real estate began as a child watching shopping centers being built in Atlanta Studied finance and real estate at the University of Cincinnati, and started in retail REIT investor relations Has worked across roles in capital raising, investing, and ownership The Market's Capital-Deal Imbalance Capital and deal quality are rarely in sync—one is always scarce 2021–2022 saw capital flood the market, but often into weak deals Today feels like 2009 again, with conservative investors and fewer phone calls returned Lessons from the Downturn Floating-rate loans and short-term debt—not real estate quality—are behind many failed deals Evan cautions that "safe" real estate only stays safe with proper structure and conservative assumptions Overly optimistic IRRs, misaligned capital stacks, and loose underwriting have been exposed On Alignment and Fees Evan focuses on age and experience as critical factors when evaluating GPs Acquisition fees deserve close scrutiny—especially when they exceed co-investment amounts Sponsors who transact just to earn fees raise red flags around long-term alignment Managing Investor Expectations Great IR is about setting, managing, and exceeding expectations LPs who receive clear, accurate communication—regardless of performance—stay engaged longer Sales-driven approaches often lead to mismatches in trust and long-term relationships Navigating Growth and Team Building Scaling a syndication business brings team demands—growth isn't always about ego Even small increases in payroll or promotions require deal flow and capital Balance between investor returns and internal sustainability is delicate and evolving Track Record and Debt Structure IRR isn't enough—investors should ask how much of a return came from NOI growth vs. cap rate compression Evan favors sponsors who have survived downturns and learned from risk exposure Floating debt creates the illusion of strong deals—fixed-rate debt demonstrates stability    

Get the Midterm Rental Insurance Blueprint: ⁠https://experimentrealestate.com/#blueprintIn this insightful episode of In The Lab, Ruben welcomes Giang Nguyen, founder of One River Capital, a former scientist turned real estate investor and syndicator. Yan shares her remarkable journey from working in gene therapy at the Children's Hospital of Philadelphia to achieving financial freedom through multifamily real estate. Her story unfolds with precision and strategy—from buying her first $30,000 foreclosure property in cash to scaling into duplexes, five-units, and eventually syndications.Yan breaks down the financial and emotional blueprint behind leaving a W2 job the right way—by doing the math, living below her means, and mastering capital allocation. She reveals how she bought, renovated, and refinanced early properties, often paying in cash before leveraging them to scale. As a mortgage broker and syndicator, Yan dives deep into the mindset and numbers that drive wealth building—covering how to calculate key performance indicators (KPIs), why cash flow matters more than NOI, and how investors can prepare to transition from single-family homes to multifamily investments.This episode is a playbook for anyone looking to build wealth strategically, without hype—only math, milestones, and mastery. Tune in now to learn how Yan's methodical approach can help you engineer your exit from a W2 and design a business that funds your freedom.HIGHLIGHTS OF THE EPISODE:07:35 Giang talks about the push that made her need to grow in multifamily22:21 Giang talks about how syndication performance is measured. KEEPING IT REAL:00:05 – Offense vs. defense01:09 – Scientist to investor06:23 – Choosing freedom over medicine08:58 – First $30K property10:35 – Learning by doing14:04 – Living below one's  means15:57 – Employer match strategy17:00 – No car philosophy18:35 – Comfort in numbers21:01 – Financial blind spots23:33 – Tracking key KPIs25:01 – Distribution vs. NOI30:55 – Cash flow clarity33:37 – Proof of concept35:04 – Multifamily cash flow36:09 – Zoning strategy explained37:26 – Buying “by right”38:05 – Highest and best use40:06 – Transition to 5+ units42:00 – Immigrant lending limits43:40 – Lender risk factors1:41:13 – Power of community  Episode Hashtags: #RealEstateInvesting #FinancialFreedom #Syndication #Multifamily #W2ToWealth #CashFlow #ImmigrantEntrepreneur #WomenInRealEstate #MortgageBroker #OneRiverCapital #InvestSmart #BuildWealth#CapitalRaising #FinancialStrategyCONNECT WITH THE GUESTWebsite: https://onerivercapital.com/Linkedin: https://www.linkedin.com/in/thatsalsainvestor/

Nelle prime sfide di questa undicesima giornata di campionato non sono certamente mancate le sorprese, con le frenate di Juventus e Milan e la caduta del Napoli. Noi facciamo il punto sulla Serie A con Giuseppe Pastore.Più nel dettaglio, Max Gallo ci porta a Bologna per analizzare la partita degli uomini di Conte, sconfitti nettamente per 2-0.Apriamo poi la pagina motori. Carlo Pernat ci racconta la vittoria di Bezzecchi in MotoGP nella gara corsa in Portogallo, mentre Umberto Zapelloni ci dice cosa aspettarci dal Gran Premio di Formula 1 che partirà tra pochi minuti in Brasile. Dando anche uno sguardo alla vittoria della Ferrari nell'Endurance.Torniamo al calcio e alle due deluse del sabato di Serie A: con Mario Ielpo parliamo del pari del Milan a Parma, con Guido Vaciago ci occupiamo dello 0-0 tra Juve e Toro nel derby della Mole.Con Paolo Tomaselli invece andiamo a San Siro per vivere il pre-partita di un interessante Inter-Lazio in programma alle 20,45. In chiusura, celebriamo insieme a Giacomo Bagnasco l'impresa dell'Italrugby, capace di battere l'Australia per 26-19 nel test match giocato ieri a Udine.

Thinking of turning that vacant Dollar Tree into a food hall? Hit pause—this episode might save you a fortune.Food halls are trendy, flashy, and tempting—especially when you're sitting on 5,000 to 10,000 square feet of empty space. But after seeing too many landlords lose big, I'm here to sound the alarm. In this episode, I break down why most food halls fail, the false promises they offer, and what you should consider before signing on to build one. From startup tenant churn to high buildout costs and low foot traffic, I share real examples (including failed projects from close friends) and challenge the food hall hype with a dose of truth. If you're serious about NOI, you need to hear this.Key Takeaways:- Don't default to a food hall just because you have a large vacancy- Buildout costs are massive; especially without a strong operator- Most food hall tenants are startups (and risky ones at that)- Failure rates remain high, even in trendy concepts- Location is everything: food halls only work with major traffic- Tourist-heavy areas offer better chances of success- Talk to real operators and visit proven sites before investing- A vacant anchor space doesn't equal a food hall opportunity- There are better ways to fill space; don't fall for the fadBECOME A COMMERCIAL REAL ESTATE ROCKSTAR: https://www.bethazor.com/https://www.azoracademy.com/For more commercial real estate training: https://www.bethazor.com/training/FOLLOW ME ON SOCIALFacebook: https://www.facebook.com/azoradvisoryservices/Twitter: https://twitter.com/bethazor1Instagram: https://www.instagram.com/bethazor/Linkedin: https://www.linkedin.com/company/6315636/#retailleasing #commercialrealestateinvesting #retailleasingcoach #bethazor

How do you find a Value-Add Multifamily deal that still pencils out when the last one closed 28 months ago?

How did I make money on my first and worst investment? I'm going to be breaking down my first and worst investment and how I ended up making money on it and getting a free storage facility even after closing the business for 2 years.Read this entire interview here: https://tinyurl.com/mr22f6mxTop lessons learned from this experience:- Don't ever get into an asset class that you know nothing about without first going to industry specific events, building relationships, asking questions, and getting an advisor to help you analyze and purchase your first deal.- Buying portfolios can be a great thing, you get multiple properties at a discounted rate, and after you buy them, you split them up and sell a few at market price, while keeping the others.- This is not really related to car washes, but I have heard that the first offer you get is typically the highest offer you will get, and it turned out to be true in this case. When I decided to sell them while they were still open, we got an offer that was higher than the one that we ended up taking, but I turned it down because at that time the properties were not distressed and our sales price was based on actual NOI. However, it confirmed this theory that the first offer that you get is typically the highest offer you will get.- Work with a broker that exclusively sells that specific asset class, and follow up with them on a regular basis to make sure you and your properties are on top of their mind. I'm a believer in showing up and following up because people easily forget about you, whether you are selling or buying a property, you need to keep people accountable. This is not to say that the broker wasn't working on them, but it was to keep reminding her that I was really interested in selling them. My follow ups were about once a month/once every other month.- There's a known saying in real estate that “You make money when you buy”. And because I got these properties at a great price, and even though the deal was a complete failure, that is another reason why this worked out. Proving another real estate theory to be true.Three years after purchasing these properties I decided that it's not worth my time to try to fix it, and that I'd put the car washes up for sale, and close them completely. Not knowing when I was going to be able to sell them. I decided to take the hit on the mortgage payments until I sold them because my time was not worth the time that I was spending trying to solve that problem. The mortgage payments were cheaper than my time. The car washes stayed closed for two full years. Last year I managed to sell one of them, and this year I sold the remaining two, two years after completely closing them. I hope that you can learn from my lessons learned, so that you don't have to make the same mistakes that I made. To better investments!www.montecarlorei.com/investors

In this episode, Axel Ragnarsson is joined by John Makarewicz, President and Head of Operations at Faris Capital Partners, to discuss how sponsors can stand out in a crowded multifamily space and the systems that drive excellent asset management.John shares his journey from scaling one of the largest residential brokerages in the Southeast to building Faris Capital Partners, a firm focused on world-class investor and resident experiences. He explains how they differentiate themselves from other general partners through transparency, communication, and disciplined asset management practices.John unpacks the philosophies and operational processes that have shaped his firm's growth. He also explains the importance of being on-site (post-acquisition) from day one, building trust with residents, and adding value before asking for anything in return.This conversation is packed with practical insights for operators, investors, and anyone looking to raise the bar in multifamily execution.What You'll Learn in This Episode:How to de-commoditize yourself as a GP through world-class communication and transparencyWhy being on-site and listening to residents can help you out in the long-termThe structure of a strong asset management process with third-party PMsHow to align incentives across teams to improve NOI and performanceAre you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.NH Multifamily Fund III Details:Download The OM For The NH Multifamily Fund IIIAccess The Deal Room For The NH Multifamily Fund IIIConnect with John:Connect with him on LinkedInLearn more about Faris Capital PartnersCheck out Full out InvestingConnect with Axel:Follow him on InstagramConnect with him on LinkedinSubscribe to our YouTube channelLearn more about Aligned Real Estate Partners

 Want to scale your real estate portfolio the right way? In this episode, Gino Barbaro breaks down the most important Multifamily KPIs that determine whether your deals are thriving or barely surviving. From Profit Per Unit (PPU) to delinquency rates and work order management, Gino explains how these key metrics turn a collection of properties into a sustainable business.   Learn how to apply Multifamily KPIs to measure success like a professional operator. You'll discover:How to calculate Profit Per Unit (PPU) and use it to boost NOI. Why work order closure rates directly affect tenant retention. How tracking delinquency helps prevent lost income and evictions. The difference between physical and economic occupancy—and why it matters.Whether you manage 10 units or 1,000, these Multifamily KPIs will help you create consistent cash flow and long-term wealth. Connect with Gino Barbaro and the Jake & Gino team: https://jakeandgino.com 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)