Podcasts about NOI

Send us a textIn this episode of Multifamily AP 360, host Rama Krishna welcomes back Mike Taravella, founder and principal of Niche Holdings. Mike shares key updates since their last conversation, detailing Niche Holdings' growth and scaling efforts. The discussion covers critical aspects of property management, including the most impactful metrics for driving NOI, strategies to improve occupancy and retention, and the importance of leveraging data over intuition. They also delve into the implementation of AI and SOPs to enhance property management efficiency, the importance of customer service, and how to maintain high standards amidst economic challenges. Mike illustrates these points with specific case studies of successes and challenges from his portfolio, providing invaluable insights for operators and investors alike. Support the showFollow Rama on socials!LinkedIn | Meta | Twitter | Instagram|YoutubeConnect to Rama Krishnahttps://calendly.com/rama-krishna/ E-mail: info@ushacapital.comWebsite: www.ushacapital.comRegister for Multifamily AP360 - 2026 virtual conference - https://mfap360.com/To find out more about partnering or investing in a multifamily deal: email: info@ushacapital.com

Most investors try to increase NOI by cutting expenses and end up hurting tenant retention, cash flow, and long-term property value. In this Strategy Saturday episode, Charles Carillo breaks down how to increase NOI without raising rent by focusing on smart, strategic cost cutting in multifamily real estate. You'll learn why most value-add plans fail, which expenses are dangerous to cut, and where investing a little upfront can dramatically improve operating efficiency and cash flow. This video is designed for multifamily investors who want to optimize NOI without lowering the quality tenants depend on. In this episode, you'll learn: Why cutting costs the wrong way can actually reduce NOI The red flags to watch for in value-add underwriting How energy efficiency upgrades lower expenses without tenant pushback When low-flow fixtures make sense — and when submetering is the better move How submetering can improve cash flow without raising rent Why property management fees shouldn't be evaluated on price alone How vendor contracts and in-house maintenance reduce service call costs Why proactive maintenance protects NOI and tenant retention How outdated administrative systems quietly drain cash flow If you're looking for practical, real-world strategies to optimize multifamily NOI without damaging tenant experience, this episode will help you avoid the most common mistakes investors make. Links Referenced in Episode: SS87: Maximizing Property Cashflow by Reducing Certain Expenses - https://youtu.be/_2NXmk7_wBs 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/

“This cycle will separate real operators from everyone else.” In this episode, Mark Shuler delivers an unfiltered breakdown of the multifamily market reset—and why 2026 is shaping up to be a defining year for investor returns. Drawing on more than three decades of operating experience and a portfolio exceeding $300M AUM, Mark walks through how the easy-credit era masked weak operations, why cap rates and valuations have structurally reset, and what happens next as loans mature, DSCRs collapse, and lenders finally force resolution. From bond markets and interest rates to supply gluts, operating cost pressures, and the coming wave of distressed sales, this conversation connects macro forces directly to Main Street deal performance. If you're an investor or entrepreneur trying to understand where risk truly sits—and where opportunity may emerge as weaker operators wash out—this episode is essential listening. 5 Key Takeaways from This EpisodeThe “easy money” era hid bad operators Artificially low interest rates allowed weak underwriting and poor operations to survive, inflating values and compressing cap rates beyond sustainable levels. This is a reset—not a 2008-style collapse Liquidity still exists, but higher interest rates and rising cap rates have permanently changed valuations, forcing deals to reprice to historical norms. Loan maturities are the real pressure point Many deals from 2019–2021 cannot refinance due to lower values and insufficient NOI, making “extend and pretend” no longer viable as 2026 approaches. Operations now matter more than financial engineering Rising expenses, labor challenges, insurance, taxes, and vacancy pressures mean only strong, vertically integrated operators will attract lender confidence. Opportunity favors prepared capital and proven operators As distressed assets hit the market, well-capitalized groups with operational depth will acquire at significantly lower bases before large institutions step in. About Tim MaiTim Mai is a real estate investor, fund manager, mentor, and founder of HERO Mastermind for REI coaches.He has helped many real estate investors and coaches become millionaires. Tim continues to help busy professionals earn income and build wealth through passive investing.He is also a creative marketer and promoter with incredible knowledge and experience, which he freely shares. He has lifted himself from the aftermath of war, achieving technical expertise in computers, followed by investment success in real estate, management skills, and a lofty position among real estate educators and internet marketers.Tim is an industry leader who has acquired and exited well over $50 million worth of real estate and is currently an investor in over 2700 units of multifamily apartments.Connect with TimWebsite: Capital Raising PartyFacebook: Tim Mai | Capital Raising Nation Instagram: @timmaicomTwitter: @timmaiLinkedIn: Tim MaiYouTube: Tim Mai 

On this episode of Zen and the Art of Real Estate Investing, Jonathan Greene sits down with Jennifer Ruelens, a longtime property manager and unapologetic truth-teller in the real estate industry. With more than two decades of hands-on experience, Jennifer shares what buy-and-hold investors often misunderstand about property management, tenant relationships, and the real work required to make rentals perform over time. The conversation explores why real estate investing is rarely passive, how deferred maintenance and avoidance cost investors far more than management fees, and why many landlords struggle when they underestimate the human side of housing. Jennifer explains how professional property management reduces risk, stabilizes assets, and helps investors focus on long-term wealth rather than short-term cash flow. Listeners will also hear a candid discussion about ego, DIY investing, family dynamics, and why many investors fail not because of bad deals, but because they avoid hard conversations and responsibility. This episode offers a grounded, experience-driven perspective on what it really takes to succeed with buy-and-hold real estate. In this episode, you will hear: Why buy-and-hold real estate is a business, not a passive investment How poor property management decisions erode long-term returns The true cost of deferred maintenance and conflict avoidance Why professional management often increases NOI despite added fees How stabilizing properties protects both tenants and investors The role of expectations, transparency, and service in tenant retention 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 Jen: Website: https://holditwithpmjen.com/  Youtube: https://www.youtube.com/@holditwithpmjen  Facebook: https://www.facebook.com/HoldItwithPMJen/  Instagram: https://www.instagram.com/holditwithpmjen/  LinkedIn: http://linkedin.com/in/jenniferruelens  TikTok: https://www.tiktok.com/@holditwithpmjen  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.

Lancelot Lennard is a Florida realtor, investor, contractor, and non-profit founder who focuses on the Daytona / Volusia County area. He explains why he left Miami for Daytona: Miami's become a “billionaire playground” with weak ROI for small investors, while Daytona still has mom-and-pop landlords, realistic prices, and solid opportunities for both buy-and-hold and flips. He breaks down where he sees opportunity in Florida right now, noting that the market is still somewhat buyer-leaning, allowing strong negotiation on both price and repairs. He also walks through the short-term rental landscape around Daytona Beach, Daytona Beach Shores, Port Orange, and parts of Ponce Inlet—stressing the importance of zoning, municipal rules, and HOA bylaws to ensure Airbnb/STR is actually permitted. A big part of the discussion is around the recent changes to realtor commissions in the U.S. After the NAR settlement, buyer-agent commissions are no longer automatically offered in the MLS, and agents must now have buyers sign an exclusive agreement before showings. Lancelot explains how this impacts first-time buyers, lower-income buyers, and Canadian investors who are used to the old “seller pays both sides” model. He also touches on Florida's proposed elimination of property tax on primary residences, current homestead rules, and what that could mean for dual citizens or retirees relocating from high-tax states. The episode closes with practical tips on how Canadians should vet investor-friendly agents (ask about zoning maps, NOI and cap rates) and how to clearly define scope in buyer-broker agreements so you don't accidentally commit yourself to multiple agents at once.

CapEx doesn't get the spotlight in multifamily investing, but it can make or break a deal. In this episode, Dan Brisse breaks down why capital expenditures are one of the biggest drivers of long-term performance — and one of the most common reasons deals fall apart. Dan explains how unexpected CapEx impacts cash flow, valuations, and investor returns, with real-world examples from older assets in markets like Dallas and Nashville. He also shares how disciplined operators plan for major systems, avoid costly deferred maintenance, and use CapEx strategically to protect NOI and long-term value. Keeping it Real Estate is brought to you by Granite Towers Equity Group, helping investors create passive income through multifamily real estate. To get in touch with the founders of Granite Towers, Mike Roeder and Dan Brisse, visit https://www.granitetowersequitygroup.com/contact

Chris Lopez welcomes Seattle-based investor/author Leka Devatha to unpack how she built from flips to a diversified active/passive portfolio—plus what's actually working in a high-cost, tenant-friendly market. Leka breaks down her first LP deal (why operator selection and interest-rate caps mattered), a 12-unit Seattle value-add that tripled gross rents, and the creative lending + multi-exit playbook behind her new book, Return on Real Estate. She shares a tactical framework for sourcing, underwriting, and operating in micro-markets—and how middle-housing zoning (ADUs, townhomes, duplexes) is shaping her 2026 pipeline. Key Takeaways Operator first: In 2021–22 vintage deals, disciplined sponsors with interest-rate caps, tight PM, and no fee-grab mentality have fared best. Value-add or bust (in HCOL markets): Buy below market due to deferred maintenance; renovate only what's required to hit rent and NOI targets. Operations edge: Strict tenant standards, vigilant expense control, and local PM who understands tenant-friendly statutes are non-negotiable. Creative capital stack: Build a lender bench (conventional, DSCR, hard money) and use tools like short-term cash-out refis with no prepay to bridge seasonality. Micro-market focus: Know the streets, views, and comps; Seattle's middle-housing rules unlock ADUs/townhomes/duplexes on former SF lots. Stack exits: Example—flip the front house, build/condo-map a DADU, keep as a long-term rental, refi to pull cash while holding quality dirt. Active → Passive: If you're newer, learn by placing small LP checks with proven, local operators before scaling your own projects. Next 12–24 months: Fewer “easy” wins, but more mispriced opportunities for operators who can create value and manage tightly. Disclaimer The content of this podcast is for informational purposes only. All host and participant opinions are their own. Investment in any asset, real estate included, involves risk, so use your best judgment and consult with qualified advisors before investing. You should only risk capital you can afford to lose. Past performance is not indicative of future results. This podcast may contain paid advertisements or other promotional materials for real estate investment advisers, investment funds, and investment opportunities, which should not be interpreted as a recommendation, endorsement, or testimonial by PassivePockets, LLC or any of its affiliates. Viewers must conduct their own due diligence and consider their own financial situations before engaging with any advertised offerings, products, or services. PassivePockets, LLC disclaims all liability for direct, indirect, consequential, or other damages arising out of reliance on information and advertisements presented in this podcast.

I guarantee you've dealt with pests in multifamily at some point — but you've probably never thought about how broken the system really is.In this video, Mike Brewer sit down with Landon Cooley, fourth‑generation pest‑control pro and co‑founder of Pest Share, to unravel why pests aren't just a headache — they're a silent drag on occupancy, retention, and ultimately NOI. We walk through how traditional pest control in multifamily is fragmented, reactive, and often ignored until it becomes a crisis. Then we shift to the future: a tech‑enabled, centralized PropTech solution that puts control in the hands of residents and property managers — turning pest control from liability to amenity.If you manage multifamily properties or invest in real estate, this could dramatically change how you think about maintenance, retention, and resident satisfaction.If you care about reducing turnover and protecting NOI, make sure you subscribe — because this is one of those conversations you don't want to miss.Pest Share is a tech-driven platform founded in 2019 that modernizes pest control for the rental housing market, allowing property managers to automate service requests through integrations with their systems and offering residents easy, on-demand access to vetted national pest control providers. Co-founded by CEO Landon Cooley and brothers Justin and Tom Clements, who have deep industry experience, Pest Share aims to solve the administrative burden of pest control for managers while creating recurring revenue streams and improving resident satisfaction. 

[00:00:00] George Buhnici: Invitatul nostru în această seară este profesorul nostru preferat, domnul Dumitru Borțun. [00:00:05] Bine ați revenit, domnul profesor! Mulțumesc! Avem o teme fierbință la ordinea zile și una [00:00:10] dintre cele mai importante. Voi începe cu breaking news-ul săptămânii acestea. [00:00:15] asasinarea în public a unei dintre cei mai importanti să le spunem [00:00:20] așa, exponenței republicanilor MAGA din Statele [00:00:25] Unite Un tânăr de 31 de ani, Charlie Kirk, împușcat de un [00:00:30] aparent radicalizat care credea el că Charlie Kirk [00:00:35] împrăștie ură.[00:00:36] Dumitru Bortun: Da, dar se pare că ăsta e mai fascist decât [00:00:40] Kirk. Sunt doi radicali care au un discurs alurii [00:00:45] și unul și altul. [00:00:47] George Buhnici: Ok. Sunt doar câteva zile de la [00:00:50] moartea lui Charlie Kirk. Noi suntem la un pic de distanță, destul de safe. Acolo spiritele sunt atât de fierbinți [00:00:55] încât... Guvernatorul statului iutaiei le-a recomandat oamenilor să plece de pe social media pentru că era furia [00:01:00] prea mare.Trăim într-o economie a furiei. Însă deci de la distanță din [00:01:05] experiența noastră, când vă uitați și la Charlie Kirk și la asasinul lui, [00:01:10] nu vedeți o victimă și un agresor? [00:01:13] Dumitru Bortun: Ba da. Și [00:01:15] regret că un om tânăr și doar un [00:01:20] influencer, nu un om care apasă pe butoane, care ia decizii politice [00:01:25] Este omorât. Lasă în urma lui [00:01:30] doi copii fără tată, lasă o soție tânără, [00:01:35] neconsolată deci lucrurile astea sunt oribile.Dar [00:01:40] vreau să vă spun că asistăm la [00:01:45] simptomul unei rupturi foarte puternice în societatea americană. [00:01:50] Pentru că un astfel de eveniment nu polarizează o societate în halul ăsta, [00:01:55] dacă societatea respectivă nu este deja polarizată, dacă nu e [00:02:00] ruptă în două părți, cel puțin. Deci ruptura [00:02:05] preexista. [00:02:06] George Buhnici: Ok, vedem deja această ruptură care este [00:02:10] amplificată de toate părțile implicate de an de zile în Statele Unite, nu e nouă.Am văzut o [00:02:15] mâncă dinaintea lui Obama, apoi s-a transferat primar Am Trump [00:02:20] și a lui Biden și acum am ajuns la punctul la care vedem tentative de asasinat tot mai [00:02:25] des. Am văzut și cea împotriva lui Donald Trump, am văzut atentate teroriste, au fost denumite [00:02:30] încindierile showroom-urilor Tesla, tot pe motive politice.În momentul [00:02:35] acesta vedem această ruptură care ajunge în faza pe gloanțe, ca să zicem așa. [00:02:40] Faza pe, cum zic cei din zona militară, faza kinetică. [00:02:44] Dumitru Bortun: [00:02:45] Da, da. Este întâi faza violenței simptomale Simbolice, [00:02:50] când ne vorbim urât și ne jurăm, urmează faza violenței [00:02:55] fizice. După aceea urmează faza [00:03:00] gloanțelor, cum bine ați spus, și, Doamne ferește [00:03:05] următoarea este faza războiului civil.Deci genul [00:03:10] ăsta de conflict este amplificat din păcate de noile [00:03:15] mijloace de comunicare în masă, așa zisele new [00:03:20] media, tot ce ține de internet, de rețele sociale, de bloguri, de [00:03:25] vloguri și așa mai departe. Podcast-uri. [00:03:28] George Buhnici: Charlie Kirk [00:03:30] este un om născut din acest val de social media. Este unul dintre oamenii care a [00:03:35] folosit excepțional de bine algoritmul, avea [00:03:40] propriului podcast și a creat un ONG și a creat această faimă de om care [00:03:45] poate să dezbată cu oricine, mai ales în public, să zicea în universități și transforma chestia asta.[00:03:50]Un pe care îl publica peste tot. A devenit extrem de influent și a atras [00:03:55] destul de mulți oameni care au ajuns să-l susțină pe Donald Trump [00:04:00][00:04:00] Dumitru Bortun: prin aceste [00:04:01] George Buhnici: activări ale lui. [00:04:02] Dumitru Bortun: Sunt de acord că era foarte talentat [00:04:05] și că avea un talent deosebit de a mobiliza, avea o [00:04:10] anumită carismă de la modul în care arăta, la modul în care [00:04:15] vorbea, punea problema.Dar vreau să vă spun că, așa [00:04:20] zisele... Dezbatere ale lui nu erau chiar [00:04:25] dezbateri Vedeți că există pe internet, spun pentru cei care ne [00:04:30] urmăresc, dumneavoastră știți, pentru că le-am primit chiar de la dumneavoastră, sunt [00:04:35] două filme cu un cadru didactic un lecturer de la [00:04:40] Universitatea Cambridge, care face analiză pe text, [00:04:45] face analiză de discurs.[00:04:47] George Buhnici: Și vorbim despre niște dezbateri [00:04:50] pe care Charlie Kirk le-a făcut în Europa, a fost la Cambridge, la [00:04:55] Oxford și s-au zis acolo încercând să convingă universitățile britanice [00:05:00] să se lepede de ochism. [00:05:03] Dumitru Bortun: Să se [00:05:05] lepede de tot ce înseamnă stânga. Ochismul este doar pretextul. Așa. Vor să [00:05:10] scoată universitățile de sub influența mișcărilor [00:05:15] de stânga.Cele care vorbesc despre o societate deschisă despre emanciparea [00:05:20] oamenilor despre libertatea de alegere, despre [00:05:25] progres și care [00:05:30] sunt teme nesuferite celor de dreapta din Statele Unite. [00:05:35] Și am început cu aceste mari universități legendare [00:05:40] universități din Europa. Eu vreau să vă spun că acest film, care este [00:05:45] un...Studiu este un film didactic foarte reușit. Eu mi-am și [00:05:50] scos pe hârtie după ce mi-ați trimis... [00:05:55] Filmul, mi-am scos grășelile, pentru că și eu [00:06:00] predau gândire critică. Fallacies, nu? Fallacies. Erori de gândire [00:06:05] din perspectiva teoriei critical thinking. Și sunt de [00:06:10] pildă moving the goalpost, adică a schimba regulile [00:06:15] sau chiar subiectul sau criteriile după care discuți [00:06:20] și analizezi o problemă în timpul discuției.Sau burden of [00:06:25] prof, datoria de a dovedi ceva, o presiune de a dori ceva [00:06:30] pe care o pui în celuilalt. Sau post hoc, ergo [00:06:35] procter hoc. Post hoc înseamnă în latină după aceea, procter hoc, [00:06:40] din cauza aceea. Acest sofism, că dacă ceva urmează după [00:06:45] altceva, înseamnă că este efectul acelui fenomen. Doar pentru că e [00:06:50] după el.Nu e neapărat o relație. cauzală. El practică această [00:06:55] eroare de argumentare. Formă personal incredibility, [00:07:00] incredality, adică neîncrederea personală. Eu nu cred în ce spui. Tu nu poți [00:07:05] să credi așa ceva. [00:07:05] George Buhnici: Într-o dezbatere științifică chestia asta e inacceptabilă [00:07:08] Dumitru Bortun: E inacceptabilă. Nu mă interesează [00:07:10] că tu nu poți să crezi.E problemă subiectivă. Poate te-a bătut taică tu când erai mic. Poate [00:07:15] ai avut un unchi care era șeptic. Nu știu care e istoria ta [00:07:20] personală. De ce nu crezi treaba asta? Deci... Pe urmă [00:07:25] red herring, cherry picking, sunt mai multe [00:07:28] George Buhnici: [00:07:30] tehnici [00:07:31] Dumitru Bortun: tacticile, numește ele giz galop, [00:07:35] argument from tradition, pentru că s-a mai întâmplat, [00:07:40] înseamnă că e adevărat.Pentru că, așa, [00:07:45] argumentele circulare, de genul avortul e greșit fiindcă este o [00:07:50] crimă iar crimă este greșită. Deci te învârți în același, fără să [00:07:55] demonstrezi de ce este o crimă. Ai sărit peste etapa asta. [00:08:00] Cel care te ascultă aude doar faptul că crimă e [00:08:05] greșită ceea ce e corect, și tragi concluzia că și avortul e greșit.[00:08:10] Fără să... Argumentezi implicația de la mijloc. [00:08:15] Corect Este o crimă. Deflection. Deflection [00:08:20] înseamnă abatere, abatere la subiect. Mă abat de la subiect pentru că simt că tu [00:08:25] îl argumentezi mai bine și că eu nu mai am argumente. Corect Și atunci [00:08:30] schimbă subiectul, mă abat de la... Și în sfârșit special [00:08:35] plating, când decretăm că ceva este o excepție fără să [00:08:40] argumentăm.Bine ce special plating Spui tu, e o excepție În general, lucrurile astea au cum zic eu, fără [00:08:45] să... Toate lucrurile astea au fost depistate de [00:08:50] acest profesor de la Cambridge. Și puse pe film și a arătat fragment [00:08:55] din discuție între Kirk și un student [00:09:00] de la Universitatea în Cambridge, unde arăta cum a făcut această [00:09:05] greșeală.Deci una dintre erorile de [00:09:10] argumentare este că tu nu dovedești adevărul a ceea ce [00:09:15] spui dar aștepți ca celălalt să contrazică, spune, [00:09:20] dovedește-mi că n-am treptate. Nu e datoria lui să dovească că n treptate, e datoria ta să [00:09:25] dovedești că ai treptate. Deci dialogul ăsta era mai mult, cum să vă spun, un show, [00:09:30] un spectacol, din care probabil câștiga și bani, dar era finanțat [00:09:34] George Buhnici: [00:09:35] de mulți miliardari Charlie Kirk și nu doar el, prin acel ONG Turning Point [00:09:40] USA.Pentru cei care vor un pic mai mult context, nu știu câtă răbdare aveți să urmăriți toată [00:09:45] scena asta americana, eu o fac destul de îndeaproape, Charlie Kirk, [00:09:50] într-adevăr folosea exact toate texturile tehnicele pe care le-a spus și ceva în plus, dar reușise să fie atrăgător pentru [00:09:55] social media, pentru că livra soundbites, livra TikTok-uri, livra chestii condensate [00:10:00] într-un minut, în care te convingea că creștinismul este bun, iar islamul este [00:10:05] greșit, că albii sunt mai buni că negrii sunt răi, că omosexualitatea este sau nu [00:10:10] acceptabilă, căsătoria într-un fel Și în momentul în care era pus în fața unei dezbateri cu [00:10:15] oameni cu pregătire, cu educație, argumentele lui de foarte multe ori cedau.Asta s-a [00:10:20] întâmplat inclusiv în anumite universități Însă de cele mai multe ori Reușea să facă chestia asta cu [00:10:25] studenți În scena publică De pe o poziție în asta Nu știu câți dintre voi ați urmărit să tea [00:10:30] într-un cort Cu oameni în fața lui Ca și cum ar propovădui ceva Știți că e [00:10:35] interesantă chestia asta Că toți avem într-un fel sau altul până la un punct Acest cult al lui Iisus Că vrem să ne [00:10:40] împărtășim adevărul nostru Iar cei care interacționea el De foarte multe ori erau puși pe piciorul din [00:10:45] spate Pentru că el era un comunicator Excepțional de bun Ce [00:10:48] Dumitru Bortun: povestiți dumneavoastră [00:10:50] se numește în teoria discursului Miza scenă Punere în scenă [00:10:55] Sau încadrare unui discurs El asta făcea făcea frameworking [00:10:59] George Buhnici: Cu [00:10:59] Dumitru Bortun: [00:11:00] cortul ăla [00:11:01] George Buhnici: Exact, și el din cortul ăla Sătea de vorbă interacțiunea cu oameni pe [00:11:05] care îi bombarda Cu toate argumentele Pe care le-a spus puțin mai devreme Pentru oameni cu [00:11:10] pregătire filozofică Semiotică, comunicare, toate lucrurile astea Erau transparente [00:11:15] vedeau Prin ele, mai ales că făcea de foarte mult Tot ce a spus dumneavoastră Într-o dezbatere foarte [00:11:20] articulată cu acel student De la Cambridge, tot muta ținta Pentru că una dintre [00:11:25] temele De dezbatere de acolo, foarte scurt Ca să vă dau un rezumat o să vă dau link-urile Pentru aceste [00:11:30] analize Să le dați [00:11:31] Dumitru Bortun: neapărat, că sunt instructive Pentru că și [00:11:35] ascultătorii Noșterii trebuie să învețe Să se ferească de [00:11:40] Oratorii păcălici Care păcălesc auditorii [00:11:43] George Buhnici: Corect [00:11:45] Vă dau un exemplu foarte simplu Unul dintre argumentele lui Charlie Kirk este că [00:11:50] Creștinismul a susținut întotdeauna monogamia și asta este căsătorie într-un bărbat și o [00:11:55] femeie.Și că asta este bună pentru că nici o civilizație avansată [00:12:00] nu a avut căsătorie între persoane de același sex. [00:12:05] Și este contrazis. Și atunci nu insistă, nu doar să fie acceptată, să fie în lege, să fie legiferată. Și [00:12:10] studentul vine și spune, a fost legiferată în Mesopotamia. În Mesopotamia putea să ai [00:12:15] căsătorie între un bărbat și un bărbat.[00:12:17] Dumitru Bortun: Legar. O mare civilizație. [00:12:18] George Buhnici: O mare civilizație. Și îl [00:12:20] spune, da, da și la ce i-a ajutat chestia asta? Din nou tot muta ținta. Și zice, păi, a rezistat niște mii ani. Măi, la [00:12:25] civilizație americană nu are încă mii de Dar aminte, mii de ani de civilizație. [00:12:30] Acum, nu trebuie să fim de acord sau nu cu ce au făcut cei din Mesopotamia.Mesopotamia nu mai e [00:12:35] astăzi. Problema este cum [00:12:37] Dumitru Bortun: argumentăm. Exact. [00:12:39] George Buhnici: Bun. [00:12:40] Am vorbit așadar despre care este semnificația acestui asasinat. Nu vom lămuri încă, dar mie [00:12:45] mi-este clar că ce va urma, vor fi mai puține astfel de dezbatări în public. Exista totuși [00:12:50] valoare în ceea ce văd eu că făcea Charlie Kirk, faptul că pornea o conversație și cu oameni care [00:12:55] Nu îl simpatizau, nu erau de acord cu el și care chiar puteau să îl [00:13:00] dezbată.Nu aveau forța lui de expunere, dar puteam să vedem, cei care am urmărit [00:13:05] suficient de mult, că dincolo de prove me wrong a lui Charlie Kirk, da, [00:13:10] erau momente când era wrong. Dar foarte mulți politicieni se feresc de dezbatări. Și asta este [00:13:15] meritul lui, faptul că au umplut un gol. Bun. [00:13:20] Și acum, întrebarea, că noi avem o listă de teme aici prin care trebuie să trecem, nu avem foarte mult [00:13:25] timp la dispoziție, de aia o să ne vedeți că poate că ne grăbim un pic, dar încercăm, nu știu cât puteți să stați, [00:13:30] e seara, e duminică vă mulțumim că ați venit.Întrebarea care vine acum [00:13:35] este, totuși când devine acest free speech, acest absolutism al [00:13:40] libertății [00:13:41] Dumitru Bortun: de expresie, [00:13:41] George Buhnici: că putem să spunem orice, [00:13:45] unde se oprește această unde punem o limită pentru această exprimare, pentru [00:13:50] orice, ca să nu ajungem în astfel de situații în care unul din tabăra cealaltă să spună trebuie să te [00:13:55] opresc cu orice preț, pentru că împrăștii ură, între ghilemele.[00:13:58] Dumitru Bortun: Să fie clar aici sunt [00:14:00] două extreme, domnul Bucnici Primul lucru pe care îl vreau să-l spun este [00:14:05] că nu e cazul să apelăm la așa zisul bun simț, că aud foarte des [00:14:10] lucrurile astea la comentatori superficiali pe postul de [00:14:15] televiziune pe rețele sociale. Bunul simț este un ghid foarte bun, [00:14:20] pentru că bunul simț e definit cultural.El difere de la o [00:14:25] cultură la altă cultură, de la o subcultură la altă subcultură deci e [00:14:30] circumscris unei culturi sau subculturi. Deci bunul simț nu este universal. [00:14:35] Deci nu rezolvă. La nivelul unei societăți imense, cum e societatea nord-americană, [00:14:40] n-ai cum să apelezi la bunul simț ca... La un criteriu [00:14:45] universal valabil pentru a te opri unde trebuie cu libertatea de expresie.Și [00:14:50] atunci vă spun două lucruri. Sunt două extreme aici. Pe de o parte, [00:14:55] libertatea de expresie dusă la paroxism poate să ducă la [00:15:00] [00:15:05] violență. [00:15:10] Deci odată este violența asta [00:15:15] verbală, violență [00:15:20] simbolică, violență psihologică prin priviri, până la [00:15:25] violența gloanțelor, cum spuneați, și până la, Doamne ferește un război [00:15:30] civil.Deci violența poate să ducă pentru că eu îmi exprim [00:15:35] gândurile mele fără să am nicio oprelișe, pentru că mă prevalez [00:15:40] amendamentului al Constituției Americanei, libertatea de expresie. [00:15:45] Ori, libertatea de expresie poate să ducă la faptul că îi jignesc pe seminii mei, că [00:15:50] le dau motive să-mi furie, le dau motive să se răzbune, [00:15:55] să-mi replice și așa mai departe.Pentru asta s-a inventat [00:16:00] ceea ce se numește corectitudine politică. Dar corectitudinea politică [00:16:05] ea limitează la extrema cealaltă pentru că mai e o problemă aici [00:16:10] De atâta corectivine politică ajungi să [00:16:15] sufoci să restrângi reptul la liberă exprimare. [00:16:17] George Buhnici: Exact. [00:16:18] Dumitru Bortun: Se [00:16:18] George Buhnici: ridică pendulul [00:16:20] în extrema cealaltă. În cealaltă [00:16:21] Dumitru Bortun: extremă.Deci nici corectivinea politică nu este [00:16:25] absolut, un criteriu absolut, pentru că asta [00:16:30] acumulează frustrări, acumulează... [00:16:33] George Buhnici: Haideți să dăm două exemple, [00:16:35] dacă vreți. Una dintre chestiile, pe care Charlie Karrick le spunea, este că [00:16:40] tinerii de culoare au mai multe probleme pentru că nu [00:16:45] trăiesc cu un tată în casă pe parcursul [00:16:50] copilăriei lor.E o chestie culturală în familiile de culoare din Statele Unite. [00:16:55] Undeva la trei din patru tați, bărbați, pleacă de acasă. [00:17:00] Și îl zicea că ăsta este un motiv pentru [00:17:05] violența lor, pentru lipsa lor... Delinvență. Delinvență. Copilăria [00:17:08] Dumitru Bortun: în stradă [00:17:09] George Buhnici: [00:17:10] Intră chestia asta la libertate de exprimare? [00:17:13] Dumitru Bortun: Intră, dar când [00:17:15] îți dai seama că jignești și pui pe jar o mare [00:17:20] categorie umană, poți să te abții și să spui așa, [00:17:25] există familii americane în care tații lipsesc, nu își îndeplinești [00:17:30] rolul și nu oferă un pattern cultural, un model cultural de [00:17:35] comportament băieților.De aici ies tinerii responsabili, [00:17:40] bărbați care nu pot întemeia o familie și care nu se vor putea purta cum trebuie cu [00:17:45] soțiile și cu copiilor. De ce? Fiindcă n-au un model anterior. Dar nu spui neapărat că-s [00:17:50] negri. Pentru că s-ar putea ca majoritatea să fie într-adevăr din [00:17:55] populația de culoare pentru că se explică [00:18:00] culturalicește.Din cultura lor există [00:18:05] treaba asta, că bărbatul poate să plece când vrea. Dar nu spui. [00:18:10] Pentru că asta se numește responsabilitate. Domnul Bun, și nu este vorba nici de a încălca... Chiar dacă [00:18:15] e [00:18:15] George Buhnici: adevărat statistic? [00:18:17] Dumitru Bortun: Dacă e adevărat statistic, [00:18:20] adevărul nu e niciodată un scop în sine. Un scop în sine e binele. Eu [00:18:25] pot să imaginez o politică adevărului spus în așa fel, într-un [00:18:30] anumit fel, într-un anumit...În un moment, unor anumiți oameni ca să facem bine nu ca să [00:18:35] facem rău. Pentru că ipocrizia aia să știți că am fost sincer. Nu mă ajută cu nimic. [00:18:40] Cu sinceritatea ta ai distrus o familie. Ai înăgrit [00:18:45] imaginea unui părinte fața copilului său. Ai distrus prestigiul unui profesor în [00:18:50] fața elevului. Poți să faci foarte mult rău fiind sincer.Ai spus adevărul [00:18:55] Sau ai spus ce credeai tu că trebuie spus. De acord. Trebuie să ne înfrânăm singuri. [00:19:00] Asta se numește responsabilitate. Adică să fii conștient de consecințele [00:19:05] faptelor tale. Și când zic fapte, zic și acte de comunicare. [00:19:09] George Buhnici: Asta este cea [00:19:10] importantă lecție pe care mi-ați dat-o și mie în vara lui 2022.Da. Că până la urmă cuvintele [00:19:15] contează. [00:19:15] Dumitru Bortun: Da. [00:19:16] George Buhnici: Pe de altă parte însă, comportamentul și afirmația lui Charlie [00:19:20] Kirk, din nou vin după ce pendulul s-a ridicat prea mult în partea cealaltă și am ajuns în situația în care [00:19:25] putem să permitem unor bărbați să se declare femei. Deși, [00:19:30] biologic, sunt masculi. Doar pentru că au decis [00:19:35] dintr-o dată că vor să se declare femei, că vor să umble pe unde sunt femeile și [00:19:40] nimeni nu se opune la această chestie Ca nu-i [00:19:42] Dumitru Bortun: jignească.[00:19:42] George Buhnici: Ca să nu-i jignească. Acea [00:19:45] corectitudine politică de care vorbiți noastră a dus-o la extrema cealaltă. Sunteți de acord că este și asta o extremă? [00:19:49] Dumitru Bortun: Da. [00:19:50] Și sunt de acord că în istorie sunt... Sunt mii de cazuri de idei [00:19:55] bune care au căput pe mâna unor ticăloși și care s-au transformat în [00:20:00] lucruri oribile. Idei bune.Care se degradează în mâna unor oameni [00:20:05] Care nu sunt la înălțimea ideii. A construi o societate [00:20:10] bazată pe reguli de comportament civilizat. Corectiunea asta politică ar trebui tradusă [00:20:15] corect în românește corectiune socială. Fiindcă la ei politic are mai multe sensuri [00:20:20] Aici e sensul de la polis. De la societate De la societate [00:20:25] Deci corecțiune socială să fim corecți unii cu alții, să nu ne umilim, să [00:20:30] nu facem bullying.Ce mi se pare [00:20:32] George Buhnici: mie grav este că de foarte multe ori oamenii care [00:20:35] ajung să facă rău altora, o fac în numele [00:20:40] altor oameni sau altor ființe mai nou care nu sunt de față. [00:20:45] Nu ați observat lucrul ăsta? Da, da da. E interesant. Ne punem noi ca [00:20:50] apărători ai... Ne erijăm în... Protectorii unei categorii defavorizate. [00:20:55] Da atacăm individul, îl luăm individual din mulțime, deci îl [00:21:00] discriminăm pentru că ar face rău unor [00:21:05] clase care nu sunt prezente.[00:21:06] Dumitru Bortun: Dar eu aș vrea să termin ideea pentru că n-am spus [00:21:10] decât jumătate din ea. Mă scuzează că m-am... Nu, nu m-ați întrebat. [00:21:15] Ați făcut completării necesare. Începusem să spun [00:21:20] cum nu trebuie să gândim să nu venim cu argumentul bunui simț pentru [00:21:25] că nu rezolvăm mare lucru. Bunul simț nu poate fi cuantificat și nu este universal [00:21:30] valabil.Difere de la o cultură la altă Însă, pide la cultura [00:21:35] afroamericanilor la cultura albilor protestanți. Și diferă [00:21:40] bunul simț de la cultura în raport cu cultura catolicilor. Deci [00:21:45] sunt culturi în care ceea ce e de bun simț pentru mine, [00:21:50] pentru ei nu e de bun simț. Deci nu bunul simț trebuie să [00:21:55] prevaleze trebuie să prevaleze ideea de bine comun, codificată în [00:22:00] limbaj politic, interesul public.Interesul public ce înseamnă? [00:22:05] Să încerci să iei drept criteriul de evaluare unde ne oprim [00:22:10] cu libertatea de expresie, acolo unde se pune problema [00:22:15] binelui tuturor, dacă nu al tuturor, pentru că e greu de realizat asta, [00:22:20] binele cât mai mult pentru un număr cât mai mare [00:22:25] de oameni. Este criteriul utilitarismului.[00:22:27] George Buhnici: Ok, sau dacă vreți o întorc eu invers, [00:22:30] lucrurile pe care ne-am vorbit de foarte multe ori aici să reducem suferința. [00:22:33] Dumitru Bortun: Să reducem suferința. [00:22:35] Ăsta e criteriul doctrinei utilitariste o doctrină etică, [00:22:40] reprezentatul cel mai important e John Stuart Mill. Are și o carte apărută în limba română [00:22:45] în librării, se găsește utilitarismul.John Stuart Mill asta spune că [00:22:50] ai un criteriu pentru cât mai mulți [00:22:55] oameni. Criteriul ăla pe care îl spune [00:23:00] în Sinedru, marele preot al [00:23:05] Israelului, că e bine să-l sacrifice pe Iisus decât să facă rău unui [00:23:10] popor întreg, era un sofist de fapt pentru că poporul nu murea dacă [00:23:15] ei nu-l crucificau. Însă el pune, argumentul ăsta este, pentru că [00:23:20] Iisus era un singur individ, iar poporul lui Izrael era format din [00:23:25] milioane.Și atunci dă prioritate celor care [00:23:30] sunt mai mulți. Genul ăsta de a gândi însă este salvator în [00:23:35] multe situații, pentru că alt criteriu nu avem. Nu avem criterii absolute pentru bine și rău. [00:23:40] Și atunci ne oprim cu libertatea de expresie acolo ne simțim că facem rău [00:23:45] mai mare. Și atunci haideți să comparăm.Dacă merg pe [00:23:50] discursul urii ăsta creează niște frustrări și [00:23:55] niște replici. Și feedback-ul ăla pozitiv care [00:24:00] amplifica, am mai vorbit despre el, și care poate să se ducă până la război civil. [00:24:03] George Buhnici: Când ziceți feedback [00:24:05] pozitiv este amplificarea urii. E [00:24:06] Dumitru Bortun: amplificare, nu e negativ, adică nu scade. [00:24:10] Iar ăsta, [00:24:15] libertatea de expresie, care poate să fie [00:24:20] deșântată duce la niște jigniri dar nu duce la violență.Și atunci, [00:24:25] care este mai aproape de binele comun? [00:24:30] Discursul urii sau corectul înapolitic? [00:24:35] Înțelegeți cum trebuie să gândim? Dar [00:24:40] corectitudinea [00:24:43] George Buhnici: politică a fost acuzată de foarte [00:24:45] multe ori de conservatori că este un slippery slope, că este alunecoasă, că ne [00:24:50] aduce către alte probleme Lucru pe care îl vedem și începem să venim ușor către Europa, [00:24:55] că se pare că noi nu am învățat din ce s-a întâmplat în Statele Unite și vedem asta acum în [00:25:00] Marea Britanie.Pas cu pas, britanicii simt că au [00:25:05] alunecat, că au ajuns într-un stat care [00:25:10] încearcă să-i controleze, care încearcă să-i forceze cu [00:25:15] migrație excesivă. Pentru [00:25:18] Dumitru Bortun: că ei nu au ajuns la [00:25:20] nivelul de autocontrol. Deci eu când am vorbit până acum, eu [00:25:25] vorbesc idealizând puțin adică idealizând ființa umană ca fiind o ființă [00:25:30] morală care are responsabilitatea faptelor sale și [00:25:35] consecințele științelor faptelor sale și atunci îți pui problema ce e mai rău [00:25:40] corecturile politică sau discursul lor și până la urmă îmi spui că e mai rău [00:25:45] discursul lor, că poate să ducă la război civil.Dar aveți [00:25:50] dreptate că nu toți oamenii sunt capabili de gândirea asta, pentru că gândirea asta de tip [00:25:55] moral este și o gândire mai abstractă. Ori nu toți oamenii își termină [00:26:00] ciclu de formare spirituală Nu-ți rămân needucați pe la jumătatea [00:26:05] drumului, sunt așa zis și neisprăviți. Oamenii ăștia nu pot să gândească moral, nu pot să [00:26:10] se gândească la...De-aia pleacă de acasă și își lasă copiii de [00:26:15] izbeliște, pentru că nu sunt suficient de responsabili, nu [00:26:20] s-au maturizat, nu au intrat în etapa etică a vârstei a vieții, sunt la [00:26:25] vârsta estetică, fac ce le place. Deci genul ăsta de [00:26:30] comportament l-a țăizat bine. Există [00:26:35] și societatea americană, și în societatea [00:26:40] britanică dar la britanici și știu unde batez la evenimente recente, este vorba de [00:26:45] revoltele care au avut loc de curând împotriva [00:26:50] imigranților.[00:26:50] George Buhnici: Despre ele vreau să vorbim acum. [00:26:52] Dumitru Bortun: Da. [00:26:52] George Buhnici: Așadar am văzut [00:26:55] protestele foarte recente cu peste 100 de 100 de oameni în stradă mult peste 100 de mii În [00:27:00] anumite locuri am văzut 100 de mii că se spunea. Important este că au ieșit mult mai mulți în stradă cei [00:27:05] care scandează împotriva imigrației, în timp ce pe [00:27:10] partea cealaltă am văzut puțini oameni la protestele care să protejeze [00:27:15] imigranții.Am văzut inclusiv pancarte de pe tabara cealaltă [00:27:20] destul de greu găsit, care spunea să-i mulțumim Lui Dumnezeu pentru imigranții. Thank God for [00:27:25] immigration, da, și alte lucruri, că mai bine să ne educăm decât să urăm imigranții și așa mai [00:27:30] departe Pe de altă parte ceilalți vin și spun că imigrația a fost scăpată de sub [00:27:35] control și că imigranții abuzează serviciile sociale, că nu vor să se [00:27:40] integreze, că schimbă țesătura socială a Marii Britanii.[00:27:44] Dumitru Bortun: [00:27:45] Domnul Bucnici, să încep tot cu un adevăr banal dar de multe ori [00:27:50] trebuie să plecăm de la lucruri banale ca să construim un argument. [00:27:55] Imensa majoritatea oamenilor nu sunt filozofii [00:28:00] și cetățenii britanici intră în aceeași categorie. Nu fac filozofie [00:28:05] istoriei și nu gândesc din perspectiva unei [00:28:10] istorie a civilizației.Dacă... [00:28:15] Vedeți am citit cu ani în urmă istoria civilizațiilor al lui Arnold [00:28:20] Toynbee. Pe urmă am citit... citit cartea lui Neagos Juvara, teza lui de [00:28:25] doctorat de istoria civilizațiilor. Știți cât e de șocant [00:28:30] când citești așa ceva? Seamănă cu o vizită la [00:28:35] cimitir. După o vizită la cimitir se devalorizează [00:28:40] totul.Nu mai știi dacă merită să te lupti pentru ce te-ai luptat până în ziua de azi. [00:28:45] Când vezi acolo că cimitirul e plin de oameni de neînlocuit. [00:28:49] George Buhnici: Care [00:28:49] Dumitru Bortun: au [00:28:50] fost cineva la viața lor. Și care până la urmă ajungem tot. [00:28:54] George Buhnici: Deocamdată [00:28:55] Ați văzut liderii din BRICS Care își fac planuri pentru încă [00:29:00] 70 de ani Fiecare Și [00:29:02] Dumitru Bortun: ce vreau să vă spun [00:29:05] Are loc o devalorizare A mizelor Pentru care noi trăim [00:29:10] La fel este când vezi istoria La scară mare [00:29:15] Când am citit Neagul Juvara de pildă Faptul că [00:29:20] Atunci când se schimbă o civilizație Cu alta Ajung în [00:29:25] frunte Oameni care nu au nimic de pierdut Care în civilizația trecută Nu [00:29:30] aveau nimic Și sunt primii Care luptă pentru [00:29:35] schimbare Și în mod firesc ajung în frunte Nu te mai miri Că au ajuns [00:29:40] în fruntea României Cei mai bogați oameni Niște oameni neanalfabeți Sau niște [00:29:45] oameni semidocți Deci [00:29:47] George Buhnici: vorbim despre oportuniști Care [00:29:50] neavând nimic de pierdut Și asumă Riscuri pe care oamenii De treabă [00:29:55] Oamenii civilizati, educați Și care au [00:29:57] Dumitru Bortun: un statut socioprofesional La care [00:30:00] țin s-au învățat în el S-au învățat cu avantajele lui Ăia nu milțează [00:30:05] pentru schimbare Și cu timpul schimbarea Îi ia pe sus și ei rămân în urmă [00:30:10] Rămân printre ultimii Și în frunte se trezesc Ăia care nu aveau nimic de [00:30:15] pierdut Când Neagul Juvara face analiză istorică Și arată că de fiecare dată [00:30:20] S-a întâmplat așa Când s-a trecut de la civilizația agrară la civilizația industrială, [00:30:25] acum se trece de la civilizația industrială la civilizația informațională și sunt la același [00:30:30] lucru.Și zic dom'le, gata, am înțeles. Dar [00:30:35] devii mai calm, devii mai zen, înțelegi cum stau [00:30:40] lucrurile, nu te mai înfurii, nu te mai indignezi, nu mai protestezi. Ori acești [00:30:45] oameni care ies în stradă n-au cum să-și dea seama că există o [00:30:50] tendință la nivel civilizațional de [00:30:55] migrarea oamenilor din spre est spre vest și din spre sud spre nord.[00:30:59] George Buhnici: [00:31:00] Și care va fi amplificată [00:31:01] Dumitru Bortun: Va fi amplificată în viitor. [00:31:03] George Buhnici: Și [00:31:03] Dumitru Bortun: ei nefiind [00:31:05] filozofia istoriei nu pot să zic, da, dom'le, așa stau lucrurile, ăsta e trendul. Ies [00:31:10] și-și apără locurile de muncă, își apără fetele ca să nu fie [00:31:15] violate de niște oameni, care vin din alte țări, sau [00:31:20] pur și simplu își apără identitatea domnului București.Pentru că mulți au [00:31:25] problema asta. Sunt de altă religie. Sunt de altă [00:31:30] factură. Ăștia nu putem ști la ce ne aștept de la ei. Și de multe ori e și [00:31:35] ignoranța. Pentru că ce s-a înzblat în București cu [00:31:40] băiatul ăla pognit în față pentru că e diferit și pentru că e [00:31:45] invadatorul nostru, asta vine din ignoranță. O dată tipul ăla de [00:31:50] 22 de ani care l-a pognit în față nu știe că noi nu avem resursă [00:31:55] umană, nu avem forță de muncă pentru aceste joburi și în al lui el nu știe că oamenii ăștia [00:32:00] sunt ori hinduși ori budiști, ori confucianiști [00:32:05] din țării din care vin, în care sunt oameni pașnici oameni care nu fură, [00:32:10] sunt mai cinstizi decât majoritatea românilor.Noi până nu facem [00:32:15] un chilipir, până nu păcărim pe cineva Pe [00:32:17] George Buhnici: da. Cum? Pe medie da. Pe [00:32:18] Dumitru Bortun: medie vorbesc. [00:32:20] Noi avem o rală a foloaselor necuvenite pe care se vede în toate domeniile. De la ăla [00:32:25] care i-aș pagă până la ăla care plăcează la doctorat în loc să [00:32:29] George Buhnici: [00:32:30] muncească el. Corect. Dar e exact ca în trafic, am mai dat exemplul ăsta de foarte [00:32:35] multe ori, unul singur trebuie să iasă din coloană și îl vedem toți.O să ne fugă atenția la [00:32:40] el. Un singur migrant care creează o problemă, la câteva mii, zeci de [00:32:45] mii, noi avem prea puțin într-adevăr Doar pentru câte nevoie este de resursă umană. Dacă stai de vorbă [00:32:50] cu orice antreprenor din țara, s-o să spună că duce lipsă acută de forță de muncă de [00:32:55] orice nivel de calificare.[00:32:56] Dumitru Bortun: Dar noi schimbarăm puțin subiectul. Asta era doar o [00:33:00] paranteză. Problema era că ăsta fiind străin, fiind diferit, fiind de altă religie s-ar [00:33:05] putea să cine știe ce ne facă. Fiindcă noi nu-l cunoaștem. [00:33:10] Documentează-te, interesează-te. [00:33:12] George Buhnici: Ajungem și acolo pentru că România este într-o situație foarte [00:33:15] interesantă.Această comunicare atât agresivă împotriva [00:33:20] imigranților într-o țară care de fapt are mari probleme de [00:33:25] emigrație, nu de imigrație. Este o țară de emigranți, nu în care se imigrează. Până și [00:33:30] ucrainenii. Era un comedian care a făcut o poantă foarte, foarte faină [00:33:35] care spunea că românii sunt atât de [00:33:40] primitori încât sunt mai mulți ucraineni refugiați în Bulgaria decât în România.Ăia [00:33:45] ca să ajungă în Bulgaria să treacă prin România, nu să oprescă, să duc la Bulgari. Bă, și Bulgaria e mai săracă Și [00:33:50] totuși sunt mai mulți ucraineni per total, ca număr refugiați decât în România. Te pun [00:33:55] un pic pe gânduri chestia asta. Ăia nu sunt nici de altă culoare, nici de altă religie. [00:34:00] Merg la următoare întrebare.[00:34:04] Dumitru Bortun: Dumneavoastră, nu [00:34:05] aveți o explicație? [00:34:06] George Buhnici: Ba da. [00:34:07] Dumitru Bortun: Nu suntem așa cum ne place să credem [00:34:10] că suntem. Că suntem toleranți și primitori. Știți cum suntem noi? Suntem ca [00:34:13] George Buhnici: mașinilele pe care scrie [00:34:15] sport. Dacă scrie sport pe mașină mașina aia nu-i sport. N-ar fi [00:34:20] nevoie [00:34:20] Dumitru Bortun: să scrie. [00:34:21] George Buhnici: Exact. [00:34:22] Dumitru Bortun: Deci noi ne punem aceste podoabe că [00:34:25] suntem toleranți.Dar din când în când în [00:34:30] istorie am dovedit că nu suntem. Dumneavoastră știți cât greu s-a [00:34:35] desfințat sclavia în România? [00:34:36] George Buhnici: Am fost ultimii din Europa care am oprit eobagia. [00:34:40][00:34:40] Dumitru Bortun: Da. [00:34:40] George Buhnici: Am [00:34:41] Dumitru Bortun: fost ultimii în Europa care am destinsat robia. Romii erau [00:34:45] robi. Asta sclavacism. Și era sub [00:34:50] presiunea Europei exact cum este acum.Ne spuneau [00:34:55] dacă vreți să vă primim în cadrele noastre și să deveniți europeni, trebuie să [00:35:00] terminați cu mizeria asta care este sclavacism. [00:35:05] Robii domnești, robii mânăstirești, robii boierești. Și toți erau [00:35:10] romi Deci asta nu înseamnă... Și eu [00:35:15] vă spun, am auzit acum câțiva ani, la aeroport eram la otopeni, o [00:35:20] discuție între niște din poliția de aeroport.Ce mă mai [00:35:25] revede că așteaptă și niște oameni acolo să uită și zice ăia sunt oameni, sunt țigani. Deci [00:35:30] această formă de [00:35:35] rasism și această formă de șovinism există încă, dar nu e [00:35:40] recunoscută palpită Știți? [00:35:45] În populația României și în instituții de multe ori Constituțiile statului au [00:35:50] astfel de atitudini.Deci nu. Pământ, gândiți-vă ce am făcut [00:35:55] în timpul celui de-al doilea război mondial vis-a-vis de evrei. Și [00:36:00] multe alte exemple. Nu mai zic ce au făcut [00:36:05] administratorii români în cadrii la ter în timpul ocupației românești de acolo Cu [00:36:10] turții, cu tătarii. Sau-au făcut [00:36:12] George Buhnici: jandarmii în Basarabia. [00:36:13] Dumitru Bortun: Da, jandarmii care [00:36:15] au lăsat o amintire foarte urâtă acolo.Deci toate lucrurile astea scot [00:36:20] la iveală anumite aspecte ale psihologiei românilor de care [00:36:25] nu ne place să vorbim, le băgăm sub covor, dar care îi zbognesc din când în [00:36:30] când. Iată de ce în România nu se simt foarte [00:36:35] bine niște oameni veniți din afară și preferă să se ducă în Bulgaria, de pildă, care [00:36:40] e mai sărac.[00:36:40] George Buhnici: Vin de la festivalul vinului moldovenesc, [00:36:45] pe Kiselev. Acolo am fost în seara asta și [00:36:50] de fapt profesional mă uit la oameni. Am văzut un cuplu de [00:36:55] japonezi cred că era, și un singur tip de culoare. În [00:37:00] rest nu prea am văzut străini. Pe de altă parte ni se tot spune pe social media că [00:37:05] românii habar nu au ce să Frumoasă țară au și ce [00:37:10] frumoasă e coeziunea noastră socială în care nu suntem invadați și care să [00:37:15] ținem să protejăm chestia asta.Din nou, nu sunt sigur [00:37:20] dacă îmi doresc să văd mult mai mult străini, dar nu sunt sigur [00:37:25] dacă avem prea puțini. [00:37:27] Dumitru Bortun: Eu unul m-aș bucura. Eu sunt [00:37:30] unul dintre oamenii care valorizează pozitiv diferența. [00:37:35] Care cred că diferențele sunt o sursă de dezvoltare, [00:37:40] sunt un bagaj. Apropo de cei care scuiau, [00:37:45] ne-a dat Dumnezeu darul ăsta cu imigranții, [00:37:50] pentru că unii îi urăsc și vor să-i trimită înapoi iar alții spun că este un [00:37:55] dar de la Dumnezeu să ai imigranții, să ai în primul rând o forță de muncă pentru anumite [00:38:00] meserici, în al doilea rând să ai o diversitate culturală religioasă.Care e problema? [00:38:05] Care e problema că sunt diferiți de tine? Te sperii atât mult diferența? Te bag [00:38:10] așa în angoasă și în insecuritate și în incertitudine? Iată, [00:38:15] deci, eu cred că oamenii care îi urăsc pe străini sunt [00:38:20] permite să încalcă principiul corectitudinii politice, [00:38:25] am să fiu liber, ca la exprimare sunt minți înguste și suflete [00:38:30] mici.[00:38:30] George Buhnici: Ok. Pentru că noi toți am profitat de pe urma [00:38:35] prosperității și felul în care am fost primiți în multe alte țări. [00:38:40][00:38:40] Dumitru Bortun: Absolut. [00:38:41] George Buhnici: Și totuși, ce face aceste proteste cum am văzut în Marea [00:38:45] Britanie? Nu bag mâna în foc, că nu o vedem unul curând și pe la noi, deși încă o dată, noi nu avem o problemă urgentă, [00:38:50] dar ce face ca aceste proteste să strângă masea atât de [00:38:55] mari?Încă o dată, eu cred că ce-am văzut la Londra e doar începutul. De unde vine chestia asta? Pentru că e prima [00:39:00] dată când auzim că oamenii sunt mai preocupați de migrație decât de economie. [00:39:05] E o chestie de identitate? E o chestie de manipulare prin presă sau de social media? [00:39:10] Și, și, și. [00:39:11] Dumitru Bortun: În primul rând e o problemă de identitate și oamenii sunt [00:39:15] foarte sensibili la problema asta cu [00:39:20] identitatea Cine sunt?Cine suntem noi? Ne raportăm la alții [00:39:25] prin diferențe și vin ăștia peste noi care sunt diferiți și așa mai [00:39:30] departe. Pe urmă este lipsa de cunoaștere. Dumneavoastră [00:39:35] am mai vorbit cred, la dumneavoastră, am vorbit despre sindromul chinezesc. [00:39:40] Eu folosesc expresia asta, expresia [00:39:45] mea. De la distanță tot chinezii sunt la fel.[00:39:50]Seamănă între ei. Dar ia du-te și stai acolo câteva [00:39:55] luni sau câțiva ani că începi să-i deosebești. Îți dai seama ce vârste au. Ce [00:40:00] înseamnă un chinez tânăr un chinez la vârstă mijlocie, un chinez în vârstă bătrân. [00:40:05] Opa, stai că începi să-mi nuanțezi percepția. De ce? Îi [00:40:10] cunosc. Cu cât îi cunoști mai puțin cu atât îi vezi la fel.[00:40:15] Ăsta-i sindromul chinezesc. Păi asta este cu orice alt grup uman. De la [00:40:20] distanță par toți la fel. Îi bagi într-o categorie fiindcă e mai comod mental. [00:40:25] În momentul în care îi cunoști, viața te obligă să faci diferență Între ei, [00:40:30] ce spună Spună bună dimineața îi spun să rămână. Deci trebuie să știu cu [00:40:35] cine am de-a face, încep să vezi diferențele.Eu cred că [00:40:40] o mare parte dintre aceste [00:40:45] mișcări de masă se bazează pe ignoranță. În [00:40:50] altă parte, în altă măsură, se bazează pe grija [00:40:55] pentru identitate și în altă măsură pe manipulare. [00:41:00] Pe faptul că rețelele sociale amplifică. Și atunci ce se întâmplă, [00:41:05] domnul Bunic? Rețelele astea sociale amplifică, știți cum?[00:41:10] Și intensiv și ca amploare, [00:41:15] extensiv. Ca amploare e normal să înțelege toată lumea. Datorită [00:41:20] multiplicării fără limite a mesajelor, o masă [00:41:25] imensă de oameni... [00:41:25] George Buhnici: Poate să afle orice nenorocire Mesajul. Da [00:41:28] Dumitru Bortun: Și poate să [00:41:30] creadă că mai are puțin și ia foc Marea Britanie. Sau [00:41:33] George Buhnici: că usturoiul ăla chiar [00:41:35] este cât roata de la bicicletă.[00:41:36] Dumitru Bortun: Exact. Și cred, pentru că sunt mai mulți. [00:41:40] Și apare acel sofism, acel argument [00:41:45] fals, că dacă și alții zic înseamnă că așa e. Pe urmă... [00:41:50] Știu [00:41:50] George Buhnici: eu pe cineva care a văzut că pământul e plat. [00:41:51] Dumitru Bortun: Da, da, da. Cunosc și eu un caz la Bacău.[00:41:55]Ceva de genul ăsta. S-a [00:42:00] labuzat. S-a labuzat, labuzat labuzat Labuzat, da. Așa. Deci asta este [00:42:05] un aspect. Dar mai e un aspect. Cu cât discuțiile [00:42:10] sunt mai numeroase pe internet, cu atât oamenii [00:42:15] devin mai fanatici cu propriile opinii. Și știți de ce? Noi am mai [00:42:20] discutat la un podcastul meu astăzi. Aici vorbim de paradigme.Ori într-o paradigmă [00:42:25] argumentele sunt circulare. Ele pleacă de la premisele paradigmei [00:42:30] și confirmă întăresc premisele. Și cu cât un [00:42:35] om își dezvoltă mai mult demonstrația și argumentele, cu atât se [00:42:40] luminează mai mult câtă dreptate are. Ca Charlie Kirk. Exact. Exact [00:42:45] cazul ăsta. Și atunci apare... Această circularitate, cu [00:42:50] cât vorbesc mai mult, cu atât mă convinc mai mult.Deci dialogul nu ne unește. Dialogul ne [00:42:55] desparte și mai rău. Este ceea ce se numește, în teoria comunicării, [00:43:00] dialogul surzilor. Fiecare s-au de pe el, nu l-au de pe celălalt. Deci [00:43:05] rețele sociale au dus la o amplificare și ca amploare, [00:43:10] la o adâncime și adâncire a diferențelor și [00:43:15] a opozițiilor ca intensitate.[00:43:17] George Buhnici: Nu durează puțin chestia asta. Durează [00:43:20] E un proces complex. Dar dacă ne uităm un pic în spate aveam rețele sociale de suficient de multă vreme încât să-și făcut [00:43:25] efectul acești algoritmi Într-o competiție acerbă pentru audiență au amplificat lucrurile care [00:43:30] se viralizează, iar apoi au apărut actorii statali care folosesc [00:43:35] aceste narațiuni pentru politica lor externă.Și aici întrebarea este, cum [00:43:40] lucrează aceste narațiuni, cum ar fi narațiunea invaziei a re-emigrării în aceste emoții [00:43:45] colective? Și cine le orchestrează? Credeți că există păpușari sau este doar furia noastră [00:43:50] care ne ocupă pe noi înșine pe toți? Există păpușari [00:43:54] Dumitru Bortun: care [00:43:55] profită de pe urma acestor furii. [00:44:00] E foarte interesant.Are Salman Rushdie, cel care a scris [00:44:05] versetele satanice, are un roman, Furia, în care [00:44:10] face o analiză de mare subtilitate acolo, acțiunea petrecându-se în Statele Unite ale [00:44:15] Americii. Se izizează manifestările de furie în [00:44:20] diferite domenii și pe diferite niveluri sociale. Furia ca stat. [00:44:25] E spirit, ca spirit al epocii de spirit de taim [00:44:30] Putem spune că furia este emoția [00:44:32] George Buhnici: acestei generații?Da, [00:44:33] Dumitru Bortun: da. Asta [00:44:35] demonstrează Salman Rushdie. E tulburător să [00:44:40] ai zis seama că s-a născut o generație sub ochii noștri și din mâinile noastre [00:44:45] furioasă. Știți că prin anii 60 a păruse un [00:44:50] curent în dramaturgia britanică tinerii furioși. Care au scris [00:44:55] niște piese foarte cunoscute la vremea respectivă, Camera în formă [00:45:00] de el, Fiață sportivă, Privește înapoi cu mânie, [00:45:05] Singurătatea alergătorii de cursă lungă, toate astea au devenit filme de mare [00:45:10] artisticitate.Tinerii furioși era [00:45:15] prima repriză. Au urmat repriza a doua, s-au mai calmat, au [00:45:20] urmat Revoluția sexuală, au urmat mișcări despre înțelegi în 68, hippie [00:45:25] și așa mai departe. Hippie care erau pacifiști la bază. Da erau pacifiști, dar tot [00:45:30] pacifismul ăsta lor retragerea din societate era de fapt o reacție de contestare a [00:45:35] societății moștenite la părinților.Ăștia de astăzi nu mă să mai retrag pur [00:45:40] și simplu for să o distrugă, pentru că nu le place ce au primit ca moștenire. [00:45:44] George Buhnici: O parte [00:45:45] dintre ei, că avem și retrași o vedem în Asia, începem să vedem și [00:45:50] la noi, nu știu dacă ați auzit, n-am apucat eu să vă trimit înainte, vorbim mai nou, să [00:45:55] mă ierte cei mai tineri despre the Gen Z stare, adică [00:46:00] chestia asta, atitudinea asta, că orice îl întrebi, când vorbești cu unul mai [00:46:05] tânăr, care a luat un job, se uită așa la tine, fără reacție.The [00:46:10] stare, adică pur și simplu se uită, această mină pietrificată. Poker face. [00:46:15] Poker face. Acest poker face, generația poker face, am putea să-i spună dacă vreți. Deci [00:46:20] avem genul ăsta de retragere orică un fel de revolt orică ar pur și simplu ca plictiseală [00:46:25] ca demotivare sau pur și simplu descărcare completă de emoție după atât de [00:46:30] multă furie cât este amplificată și refuzul [00:46:32] Dumitru Bortun: de implicare emoțională [00:46:33] George Buhnici: da [00:46:35] deci furie și refuz de implicare aici suntem între astea două [00:46:40] ok, toate astea sunt amplificate de tot felul de [00:46:45] influențări care mulți dintre ei se pun în fața oamenilor dar de fapt sunt niște miliardari [00:46:50] de aici spun că luptă acolo pentru interesea oamenilor și Charlie Kirk era finanțat de miliardari nu era nici el [00:46:55] sărac foarte puternic susținut de Elon Musk transportat [00:47:00] sicriul lui de J.D Vance cu Air Force 2 și [00:47:05] asta este doar exemplul ăsta concret dar mai avem oameni foarte bucăți cum a fost pe exemplu că vă [00:47:10] povesteam la un moment dat vorbeam noi despre acel influencer care a venit cu un avion privat la București [00:47:15] să ia un interviu unei candidate la prezidențiale doar dorind să [00:47:20] salveze democrația românească tot felul de influențări în ăștia parașutați cu foarte mulți bani [00:47:25] de ce credeți că acești miliardari folosesc aceste [00:47:30] narațiuni în acest mod și acești algoritmi împotriva oamenilor [00:47:35] ce [00:47:35] Dumitru Bortun: se iunește pe ei Pe [00:47:40] evanghelicii albi din Middle America parcă de [00:47:45] mijlocul Americii Și pe mari miliardari care vin din aceste [00:47:50] industrie de vârf.[00:47:51] George Buhnici: Așa. [00:47:54] Dumitru Bortun: [00:47:55] Doctrina acceleraționistă. Se numește așa pentru că pleacă de la... [00:48:00] Se duce în multe direcții, dar pleacă de la un trunc comun. De la [00:48:05] constatarea că istoria s-a accelerat și că [00:48:10] ritmul de evoluție tehnologică e atât de mare [00:48:15] încât societatea nu mai face față nu mai ține ritm. Și atunci, [00:48:20] marii reprezentanții ai firmelor tehnologice [00:48:25] vor să limiteze democrația, pe care o simt [00:48:30] înceată, birocratizată o simt că nu ține pasul cu [00:48:35] inovarea tehnologică și domeniul cu care sunteți foarte [00:48:40] familiari, că lucrați în domeniul ăsta și promovați, progresul [00:48:45] tehnologic, bine faceți, dar ei spun așa că democrația este un [00:48:50] regim politic cronofag.Știți? [00:48:53] George Buhnici: Că ține pe loc. [00:48:55][00:48:55] Dumitru Bortun: Mănâncă timp Și până când [00:49:00] ajungi să iei o decizie, a trecut, a zburat [00:49:05] gaia cu mațul. Nu mai ai timp. [00:49:10] A zburat momentul în care trebuia luată decizia Și să [00:49:15] acumulează o serie întreagă de blocaje care până la urmă să intră în criză și ei vor să [00:49:20] deblocheze chestia asta. [00:49:21] George Buhnici: Pentru că se văd într-o competiție cu alții care fac același lucru.Da. [00:49:25] Și vor să... [00:49:26] Dumitru Bortun: Toți ăștia care sunt în jurul lui Trump și [00:49:30] care finanțează MAGA, mișcarea asta, [00:49:35] America Great Again, sunt ăștia, [00:49:40] acceleraționiști. Ei se întâlnesc foarte bine cu aceștii [00:49:45] evanghelici albi din Middle America pentru că și pleacă de la ideea că s-a accelerat [00:49:50] și că dacă vrem să accelerăm, dacă e bine că [00:49:55] s-accelerează, pentru că vine...Mai repede Iisus. A doua venire a lui Iisus să se apropie mai [00:50:00] repede. Și atunci ei au intrat în administrație în politică [00:50:05] în școli, vor să intre peste tot, au teoria celor 8 munți. Nu [00:50:10] știu dacă știți vorbesc cu cei care ne urmăresc, dumneavoastră știți că în [00:50:15] Vechiul Testament există un simbol al muntelui, muntele Sinai, în care [00:50:20] Dumnezeu vorbește cu Moise și îi dă cele 10 [00:50:25] porunci, cele două table cu cele 10 porunci, există [00:50:30] muntele Tabor, există muntele Templului, sunt mai multe munți sfinți [00:50:35] care au o simbolistică foarte puternică pentru [00:50:40] iudaism pentru creștinism.Deci pentru iudeocrăștini, [00:50:45] aceștia evanghelici spun că îi trebuie să cucerească opt munți. Un munte [00:50:50] este administrația, alt munte este învățământul educația în [00:50:55] general, alt munte este sănătatea și trebuie să aibă oameni peste tot. Și [00:51:00] ăștia toți trebuie să accelereze și să țină ritm cât mai mult și s-au [00:51:05] întâlnit în foarte multe obiective, printre care cel antidemocratic, cu oamenii [00:51:10] de afaceri cu mari businessmen.Iată de ce se întâmplă în America. Se [00:51:15] dă peste cap o întreagă tradiție și un întreg mecanism de [00:51:20] evoluție socială. Și totul de la tehnologie, [00:51:25] domnul Bucnici. Cum adică de la tehnologie? Păi întotdeauna a fost așa Karl Marx [00:51:30] a vorbit în alți termeni, dar el spunea așa, forțele de producție determină tipul de relație de [00:51:35] producție.Și a vorbit de legea concordanței, între forțele de producție și relații de producție Ce sunt forțele [00:51:40] de producție? E tehnologia. [00:51:41] George Buhnici: Eu sunt de acord că e tehnologia, dar ce adaugă [00:51:45] marxistile în iniște este că, faimoasa zicere, că nu există câștig fără [00:51:50] ca cineva să-și fost furat. Și în cazul ăsta oamenii munce Nu, [00:51:53] Dumitru Bortun: e pe [00:51:55] altă linie, e pe altă direcție.În ceea ce plăcește mecanismul evoluției sociale În mecanismele de [00:51:58] George Buhnici: producție există un [00:52:00] asupritor care ia roadele acestei productivități de la oamenii muncii și nu [00:52:05] distribuie Știu [00:52:05] Dumitru Bortun: dar nu asta contează acum. Contează ce spuneam că ei spun că modurile de producție sunt [00:52:10] schimbate. Din cauza evoluției tehnologice.[00:52:13] George Buhnici: Așa. [00:52:13] Dumitru Bortun: Că [00:52:15] atunci când mijloacele de producții erau atât rudimentare încât trebuia să ne [00:52:20] ajutăm noi între noi, era comuna primitivă, după care s-au mai [00:52:25] evoluat mijloacele de producții, dar atunci nu erau suficiente pentru [00:52:30] ca toată lumea să stea și să producă, fiindcă nu erau mașini. Și atunci jumătatea din [00:52:35] omenire a fost transformată în sclavi.Și jumătatea au devenit stăpâni de [00:52:40] sclavi. Și au folosit păștea păstă unelte. Unelte vorbitoare cum [00:52:45] definește sclavul Aristotel. Un altă vorbitoare. O dată cu o [00:52:50] revoluție industrială apar mașinile. Opa, în momentul ăsta omul devine [00:52:55] conducător al mașinii, dar mașina face efortul în locul lui. Să termină cu [00:53:00] sclavia, apare capitalismul.Deci toate lucrurile astea sunt trase de [00:53:05] dezvoltarea tehnologică. [00:53:06] George Buhnici: Păi da dar tehnologia despre care ne-ați vorbit și care duce la această [00:53:10] tensiune, este cea care a redus cel mai mult suferința pentru toată planeta. [00:53:14] Dumitru Bortun: Eu n-am spus [00:53:15] că e rea. Eu explic de ce se întâmplă. Se întâmplă această mare transformare [00:53:20] socială în America, ea fiind vârful de lance al civilizației occidentale, se întâmplă [00:53:25] întâi la ei.[00:53:25] George Buhnici: Se [00:53:25] Dumitru Bortun: va întâmpla și la noi. Este vorba de aceste schimbări [00:53:30] produse de progresul tehnologic. Într-adevăr accelerat. [00:53:33] George Buhnici: Trebuie să mai gândiți la asta, [00:53:35] pentru că m-ați pus un pic pe gânduri. [00:53:36] Dumitru Bortun: Da, mai meditați. [00:53:37] George Buhnici: Mai dați un pic de gândire. [00:53:39] Dumitru Bortun: Asta nu [00:53:40] înseamnă că nu trebuie să promovați progresul tehnologii. Promovați-i Dar promovați-i în acea [00:53:45] paradigma [00:53:47] George Buhnici: utilitarismului.Da. Eu la asta mă uit. Spre binele [00:53:50] cât mai mari, pentru cât mai [00:53:51] Dumitru Bortun: mulți. [00:53:52] George Buhnici: Mâi la ceasul de la mâna noastră, care vă poate anunța când [00:53:55] aveți probleme de puls. Da, [00:53:56] Dumitru Bortun: exact. [00:53:56] George Buhnici: E nevoie de [00:53:57] Dumitru Bortun: așa ceva. Da, e un câștig. [00:53:58] George Buhnici: Dar nu putem să-l lăsăm pe [00:54:00] băiatul care deține compania aia să-și pună președinte. [00:54:03] Dumitru Bortun: Să ne pună șeful. [00:54:05] Exact.Pentru că el are companie, e lăudabil, dar nu îl a ales nimeni. [00:54:10] Exact. [00:54:10] George Buhnici: Bun. Revenim către România. România trece la [00:54:15] sfârșitul anului trecut prin anularea alegerilor prezidențiale, apoi vin valurile de proteste și o campanie [00:54:20] rerulată sub umbra acestei ingerințe ruse, despre care vorbim inclusiv în [00:54:25] Moldova cum și în alte locuri.Avem rețele pro-Kremlin și conexiuni [00:54:30] moldovene, inclusiv rețeaua SHORE, despre care aflăm tot mai multe zile la acestea prin cei care urmăresc foarte, [00:54:35] foarte interesant câte informații se laiveau în ultima perioadă despre această rețea SHORE, care [00:54:40] operează și la noi, care au amplificat Narațiuni peste tot, Facebook, Telegram și așa mai departe, [00:54:45] inclusiv mesajele anti-UE, dar și anti-migrație, despre care vorbeam puțin mai devreme.[00:54:50]Acum, întrebarea este. Revin un pic și aș vrea să [00:54:55] închidem această discuție Înțelegem că există aceste forme de manipulare și mult [00:55:00] o să zică, iarăși începe să vorbească buhnici de troli ruși. Dar credeți că există o [00:55:05] legătură între discursul anti-imigrație în România, o țară de emigranți nu de [00:55:10] imigrație, care să fie folosite de aceste rețele de [00:55:15] propagandă rusești?[00:55:16] Dumitru Bortun: Da. Scopul final [00:55:20] al propagandei rusești este dezmembrarea Uniunii [00:55:25] Europene, care reprezintă un mare obstacol din punct de vedere [00:55:30] comercial, tehnologic, economic, politic. Și [00:55:35] pentru asta trebuie să întoarcă popoarele astea [00:55:40] needucate din fosta zonă comunistă, [00:55:45] care au ieșit de curând din regimuri totalitare sau dictatoriale, să [00:55:50] le întoarcă împotriva Uniunii Europene.Și n-ai cum să-i [00:55:55] întorci decât spunându-le ce răi Uniunea Europeană, ce răi sunt [00:56:00] birocrații de la Bruxelles, ce lucruri relevă. Trebuie să le [00:56:05] dezvolți și mândria de a fi români sau de a fi bulgari [00:56:10] să dezvolți identitatea lor naționalistă, suveranistă, să le [00:56:15] propui suveranitate în condițiile în care o lume întreagă să devine [00:56:20] interconectată.Ei propun suveranitatea să rămași răul de tot în urmă. [00:56:25] Ca evoluție istorică Ei nu pricep în ce epocă ne aflăm, dar lucrează [00:56:30] cu materialul clientului. [00:56:31] George Buhnici: Ei vor să aibă telefoane produse în străinătate, internet, să se [00:56:35] uită să vadă, să aibă lumea să aibă o fereastră către lume aici? [00:56:37] Dumitru Bortun: Da, dar asta e tehnologie.Nu este [00:56:40] o imagine despre procesul istoric. Ei habar n-au că a existat [00:56:45] o epocă feudală, că a existat o epocă modernă că noi suntem în postmodernitate. Nu [00:56:50] au poziționat. Și gândesc că a nevăd mediul. [00:56:53] George Buhnici: Au acest fallacy că [00:56:55] poți să păstrezi, să stăm cu toții în ie și în costum popular, dar înconjurați de toate [00:57:00] fructele globalizării.[00:57:01] Dumitru Bortun: Da. Exact cum era în Iran la Revoluția lui Khomeini. Mi-a [00:57:05] spus cineva care a fugit de acolo. Era la noi în țară era studentul meu la [00:57:10] arhitectură. Și mi-a spus că marea majoritate, 80% [00:57:15] erau analfabeți, dar aveau televizor color în bordeile lor [00:57:20] acolo și câte un calașnicov dat de ruși. Așa s-a făcut Revoluția [00:57:25] musulmană.Ca la [00:57:25] George Buhnici: noi. Toată lumea are câte un smartphone și opinie pe TikTok. Și ei [00:57:29] Dumitru Bortun: [00:57:30] analfabetiți funcționă. Și [00:57:31] George Buhnici: totuși, atinge niște anxietăți, așa cum am mai auzit [00:57:35] lucrul ăsta, propaganda folosește anxietăți reale. Lucrează cu materialul [00:57:40] clientului. Piața muncii de identitate Mi-ați vorbit, servicii [00:57:45] publice. [00:57:45] Dumitru Bortun: Păi orice schimbare, domnul Bucurniciu orice schimbare creează anxietate.Prima este să [00:57:50] ești pregătit Sufletește de schimbare? Ești pregătit ideologic? [00:57:55] Ai niște idei care justifică schimbarea? Ți-a spus vreodată cineva că singurul absolut [00:58:00] care există în lume e schimbarea? În lumea de azi, [00:58:05] în lumea de aici, singurul lucru absolut e schimbarea. Restul e relativ, [00:58:10] pentru că totul se schimbă.Numai în cer există cineva care nu se [00:58:15] schimbă. Dumnezeu. Și-o și spune în Maleachi, unul dintre [00:58:20] cei mai interesanții profeți mici spune, eu nu mă schimb. [00:58:25] Eu sunt Dumnezeu nu mă schimb. Deci el e reperul fundamental pentru [00:58:30] noi ca să știm când ne schimbăm, când nu. Avem un reper fix, Dumnezeu [00:58:35] cu legile lui, cu legea morală, cu legea sanitară, cu tot ce [00:58:40] știm, discursul despre fericiri de pe munte.[00:58:45] Deci toate lucrurile astea să [00:58:50] înțelegem cred foarte bine când ai o cultură a schimbării [00:58:55] Și tu îți dai seama că trebuie să faci parte din schimbare, să ții pasul cu schimbarea, că dacă [00:59:00] nu-ți place schimbarea sau nu înțelege problema ta, nu e problema schimbării și că nimeni nu e de [00:59:05] vină. Tu trebuie să ții pasul cu ea.Dacă ai niște copii pe [00:59:10] care nu-i mai înțelegi e problema ta, trebuia să ții pasul cu ei și să înveți și [00:59:15] tu de la copiii tăi, nu doar Ei de la tine Pentru că tu le predai Ce se învețe de [00:59:19] George Buhnici: la [00:59:19] Dumitru Bortun: tine? Păi [00:59:20] ce se învețe de la tine? Ce era sub Ceaușescu? Să le bați, îi bați [00:59:25] la cap că era mai bine înainte sub Ceaușescu?Era mai bine pentru tine că era mai tânăr. Pentru ei n-ar fi [00:59:30] mai bine. Deci toate înapoierile astea ale noastre, [00:59:35] încetinea, inerția de a ne schimba, frica de a ne schimba, comoditatea. [00:59:40] Sunt multe ori care ne țin în loc să nu ne schimbăm. Și începem să înjurăm [00:59:45] schimbarea. Suntem împotriva ei. Și respectiv împotriva progresului [00:59:50] tehnologic, împotriva integrării transnaționale și împotriva [00:59:55] Uniunii Europene.Și ăștia atât așteaptă. Să ne întoarcă împotriva Uniunii Europene. [00:59:59] George Buhnici: Mi s-a [01:00:00] părut maxim când am văzut-o pe Madame Șoșoacă în căruță. Nu și-a căzut [01:00:05] imaginea. Cântând într-o căruță. [01:00:06] Dumitru Bortun: Dar face pe autochronista. [01:00:10][01:00:10] George Buhnici: Așadar avem partii de care au învățat să folosească chestiile astea. [01:00:15] Și folosesc toate acestea anxietate Și le transformă în capital politic.Pe de altă parte [01:00:20] avem și o coaliție la putere Care repetă toate greșelile pe care le-au făcut și alte [01:00:25] coaliții de voință. Din mai multe țări europene. În care ne strângem împreună pentru [01:00:30] interesul public. Nu mai face nimeni o poziție reală. Și atunci singurii care capitalizează [01:00:35] cine sunt. Exact cum s-a întâmplat în Germania.Că și Frau Merkel era într-o alianță [01:00:40] mare de tot acolo la putere. Multă vreme n-a deranjat-o nimeni. A avut [01:00:45] niște mandate foarte lungi și foarte liniștite. Era [01:00:48] Dumitru Bortun: chiar o liniște [01:00:50] suspectă. Știți cum se spune în literatură? Liniștea dinaintea furtunii. Asta era. [01:00:55][01:00:55] George Buhnici: Și acolo unde nu există opoziție, nu există dezbatere, democrația nu este vie, [01:01:00] se ridică întotdeauna extremiștii.Și acum vedem același lucru la noi. Am avut USL [01:01:05] până recent. Eu o-i zic USL, acest PSD-PNL, care acum este [01:01:10] în continuare mângăiat pe creștetă de președintele nostru Nicușor [01:01:15] Dan. Și vedem cum crește de la o zi la alta. Săptămâna asta a ieșit un [01:01:20] sondaj că coaliția de la putere mai are procente puține în [01:01:25] față În condițiile actuale.[01:01:27] Dumitru Bortun: E vreo 4%. [01:01:30] Vreau să vă spun că m-am gândit la aspectul ăsta. Am [01:01:35] trei recomandări, trei soluții. În primul rând ar [01:01:40] trebui să descurajeze statul și chiar să interzică dacă e cazul, [01:01:45] discursul urii Și să o facă până nu va fi prea târziu. [01:01:50] Atenți, unde discursul urii. O să-mi zic, da, dar asta nu e restrângerea libertății de [01:01:55] expresie?Ba da. Dar trebuie făcut. Și am să vă povestesc o [01:02:00] poezie lăsată moștenire de Martin [01:02:05] Niemöller, un pastor luteran din Germania, Care [01:02:10] a trăit 92 de ani, a murit în 1984, a supraviețuit la mai multe [01:02:15] lagăre naziste. Și își se spune în nume alături. Foarte interesan

Every multifamily operator wants to know how to increase NOI, but they're not doing it the right way. Traditional renovations leading to rent increases have been harder to get right in the past few years. But what if there was a “hidden” source of not only higher revenue but also lower expenses—something 99% of operators are unaware of, that could increase NOI by tens of thousands per month. Today, Bill Douglas of OpticWise (https://www.opticwise.com/) and Marcy Sagel of MSA Interiors (https://msainteriors.com/), CRE technology and design experts, join us to talk about the NOI levers nobody is thinking of pulling. We'll share the actual amenities and tactics you can use today in your building to attract higher-paying tenants and turn utility expenses into revenue, with game changing effects on your bottom line. Plus, what buy-and-hold vs. short term flip investors must include in their budget to get the maximum NOI possible.  One amenity our experts say is an actual waste of money…unless you hear how to monetize it properly.  Retrofitting an older vintage multifamily? Bill and Marcy share exactly how to track which design changes are working for your bottom line, how to go from antiquated to next-level tech, and the hidden value-add opportunities you can implement starting today. Plus, why your property management company could be stopping you from making tens of thousands more every month!  Insights from today's episode: The “hidden” NOI opportunities that most multifamily operators completely miss  One amenity you can provide that could increase your revenue $80-$90 PER unit The design tweaks younger renters require that move the needle on NOI  An expert checklist on renovating and retrofitting 1980s vintage to today's standards  Data you can start collecting now that shows precisely what tenants want/don't  The best piece of advice for anyone building a new multifamily (could boost your NOI)  Connect with Bill on LinkedIn (https://www.linkedin.com/in/billdouglas/) OpticWise (https://www.opticwise.com/) Grab Bill's Book, Peak Property Performance (https://www.peakpropertyperformance.com/) Listen to Bill's Peak Property Performance Podcast (https://podcasts.apple.com/us/podcast/peak-property-performance/id1817250978) Connect with Marcy on LinkedIn (https://www.linkedin.com/in/marcysagel/) MSA Interiors (https://msainteriors.com/) Recommended Resources: Accredited Investors, you're invited to Join the Cashflow Investor Club (https://kevinbupp.com/join/) to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club (https://kevinbupp.com/join/)! If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.  Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.  Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.

In this episode of I Own A Shopping Center. Now What?, I break down a lesson I teach over and over again—don't trust outdated online data to guide your leasing strategy. I recently walked a market where CoStar claimed there was 10% vacancy… but when I hit the pavement, it was closer to 30%. That's a huge difference—and it's the kind of thing that could kill your deal velocity, pricing strategy, or NOI if you're not paying attention.I'll share how that one walk led to a $14/SF rent increase, and why boots-on-the-ground intel always beats digital reports. Whether you're setting your 2026 strategy or trying to push your leasing team to the next level, this episode will help you lead with facts—not assumptions—and unlock value hiding in plain sight.Key Takeaways:CoStar isn't gospel—walk the market yourselfIn-person market studies will always reveal the truthVacancy myths = pricing mistakesPush your brokers to ask better questionsSales data is your leverage during renewalsOversupplied office space needs creative pricingMeet face-to-face with leasing agents and their bossesFacts create leverage. Data creates power. Don't wing it.

In this episode of WHAT THE TRUCK?!?, host Malcolm Harris kicks off 2026 with a deep, perspective-driven conversation on what's really happening across the freight and logistics industry beyond the headlines. The show opens with FreightWaves cross-border reporter Noi Mahoney breaking down major policy and trade developments, including tariff delays, shifting duties, and why U.S.–Mexico freight could emerge as one of the biggest stabilizers for trucking in 2026. Noi shares insights on nearshoring, cross-border truckload demand, warehouse implications, Class 8 truck orders, and the risks that could disrupt current momentum. Next, supply chain veteran Mike Eischer, CEO of One World Supply Chain Consulting, joins the show to unpack where inefficiencies hide inside organizations, how companies should think about disruption as the new norm, and where technology is actually making a real-world impact. Mike offers practical guidance on operational discipline, balancing efficiency with reliability, the limits of automation, and why people remain the most important part of any supply chain. The episode wraps with Chase Osborne of First Star Logistics, who dives into the realities of agent recruiting, marketing, and trust in a tight freight market. Chase discusses what agents are really looking for in 2026, how compensation, culture, and back-office support factor into decision-making, and why transparency and infrastructure matter more than flashy commission offers. This episode is packed with actionable insights for carriers, brokers, shippers, and logistics leaders navigating a complex and evolving freight landscape in 2026. Watch on YouTube Subscribe to the WTT newsletter Apple Podcasts Spotify More FreightWaves Podcasts #WHATTHETRUCK #FreightNews #supplychain Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of WHAT THE TRUCK?!?, host Malcolm Harris kicks off 2026 with a deep, perspective-driven conversation on what's really happening across the freight and logistics industry beyond the headlines. The show opens with FreightWaves cross-border reporter Noi Mahoney breaking down major policy and trade developments, including tariff delays, shifting duties, and why U.S.–Mexico freight could emerge as one of the biggest stabilizers for trucking in 2026. Noi shares insights on nearshoring, cross-border truckload demand, warehouse implications, Class 8 truck orders, and the risks that could disrupt current momentum. Next, supply chain veteran Mike Eischer, CEO of One World Supply Chain Consulting, joins the show to unpack where inefficiencies hide inside organizations, how companies should think about disruption as the new norm, and where technology is actually making a real-world impact. Mike offers practical guidance on operational discipline, balancing efficiency with reliability, the limits of automation, and why people remain the most important part of any supply chain. The episode wraps with Chase Osborne of First Star Logistics, who dives into the realities of agent recruiting, marketing, and trust in a tight freight market. Chase discusses what agents are really looking for in 2026, how compensation, culture, and back-office support factor into decision-making, and why transparency and infrastructure matter more than flashy commission offers. This episode is packed with actionable insights for carriers, brokers, shippers, and logistics leaders navigating a complex and evolving freight landscape in 2026. ⁠Watch on YouTube⁠ ⁠Subscribe to the WTT newsletter⁠ ⁠Apple Podcasts⁠ ⁠Spotify⁠ ⁠More FreightWaves Podcasts⁠ #WHATTHETRUCK #FreightNews #supplychain Learn more about your ad choices. Visit megaphone.fm/adchoices

Let's talk real money.Every day your unit sits vacant, you're not just losing rent—you're lighting cash on fire. Literally.In Atlanta, the average unit bleeds $51.68 a day when it's sitting idle. That's a $50 bill, a $1 bill, and some change... torched.In today's tip, Mike Brewer lays out three simple, no-fluff tactics to slash your turn time—and build real momentum in your operations:Pre-walk units before move-outPre-stock essential materialsSchedule with urgency—and drive the process dailyAccountability is the name of the game. Mike shares why most turn processes stall (hint: poor coordination and weak communication) and tells a story about a supervisor who literally walked all day long to keep turns on track.This is leadership in motion.Want to boost NOI? Start with your turn process.

Send us a textAs we head into a new year, it's the perfect time to reset the scoreboard.In this episode, The Laurens walk through the most important metrics they watch across the Mara Poling portfolio — the numbers that actually drive performance, guide decisions, and protect investor capital.From occupancy and collections to expenses, NOI, and cash reserves, they explain what each metric really tells you, why it matters in today's market, and how these numbers shape day-to-day operations.If you've ever looked at your quarterly report and wondered what really matters most, this episode gives you the operator's perspective on how performance is measured — and managed — going into 2026.

If you've ever shrugged off a small maintenance issue… this one's for you.In today's Tip of the Day from the Multifamily Collective, I unpack a truth we all know but too often ignore: Deferred maintenance is a reputation killer.A hairline crack today becomes a soaked subfloor tomorrow.You'll hear a story that starts with a barely-there drip under the sink and ends with baseboard rot, ruined cabinetry, and a massive NOI hit. I've seen it happen. More than once.That's why maintenance supervisors must stack-rank service requests with laser precision:SafetyResident ImpactFinancial RiskSkip this discipline, and you're playing a dangerous game with your property's health—and your brand.I also share practical strategies to triage and outsource when your internal resources are stretched too thin. Your vendor partners aren't just vendors—they're your emergency backup team.Tomorrow, I'll show you how to turn maintenance from a cost center into a resident retention tool.Got backlog blues? Facing labor shortages? This episode gives you the tools to stay ahead of disaster.Like what you're hearing? Tap Like. Hit Subscribe. Drop a comment. And don't forget to share it with your team.

Cody Journell is a vertically integrated real estate operator in Southwest Virginia and the founder of Haven Management Group, where he specializes in stabilizing underperforming small to mid sized multifamily assets. A former Division I athlete and Sports Illustrated All American at Virginia Tech, Cody transitioned from professional sports into real estate by mastering property turnarounds and operational improvements. He currently manages roughly 70 units, owns approximately 20 units, and focuses on disciplined underwriting and execution driven growth across the New River Valley and Roanoke markets. Cody joined Rod's Warrior Group at the end of 2024 to further scale his investing platform with the goal to purchase a 25 unit in 2025.   Here's some of the topics we covered:   From Division I football to winning in real estate Why starting in single family forced Cody to think bigger The exact deal sizes Cody and his team target Why great project management makes or breaks returns How to asset manage small properties like a pro Cody's first Warrior Group deal and what he learned Turning C and D class properties into value add wins The cash out refi strategy powering Cody's exits RUBS explained and how it boosts NOI fast   If you'd like to apply to the warrior program and do deals with other rockstars in this business: Text crush to 72345 and we'll be speaking soon. For more about Rod and his real estate investing journey go to www.rodkhleif.com

Owning the asset is no longer the hard part. Keeping it profitable is. In Episode 2 of The Next Cycle, Mike and John break down the rising cost pressures squeezing NOI, why cost management has become mission-critical, and what disciplined operators are doing differently heading into 2026.See full report: https://www.unitedstatesrealestateinvestor.com/the-next-cycle-navigating-the-fog-real-estate-investing-survival-and-growth-guide-for-2026/Check out the Cyber Month 2025 Year-End Sale Now! https://www.unitedstatesrealestateinvestor.com/cybermonth2025/—Ready to kill the rat race?This free ⁠"Beginner's Guide to Real Estate Investing in 2025" will show you exactly how to start, even if you're broke, busy, or scared to death of losing a dime.It's short. It's simple. It's real.Download now: https://www.unitedstatesrealestateinvestor.com/freeguide/—Helping you learn how to achieve financial freedom through real estate investing. https://www.unitedstatesrealestateinvestor.com/

Underperforming properties are where the biggest money is made—if you know how to fix them. That's where expert property management comes in. In this episode, Brian speaks with Craig Marquardo, VP of Multifamily at VCS Property Management, who has over 20 years of experience cleaning up operations, boosting tenant retention, and maximizing NOI. Craig pulls back the curtain on how property managers really operate and what every owner needs to know to protect their investment. You'll learn: Tenant Psychology: How residents think about rent increases and what keeps them paying on time. Reducing Delinquencies: Why 80% of late rent is due to management neglect—and how to fix it. Spotting Red Flags: How to audit your management company and avoid hidden fees, sloppy files, and missing leases. Owner Oversight: Why annual administrative reviews are just as important as physical inspections. Development Mistakes: Why property managers should be involved before you break ground to avoid costly design flaws. AI in Property Management: How Craig uses automation to improve tenant communication without losing the personal touch. Craig emphasizes that property managers aren't just caretakers—they're investment managers. And the best results come when owners and managers treat the relationship as a true partnership. Find out more: Craig@vcs-pm.com www.vcs-pm.com Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and medicare benefits. https://www.rcbassociatesllc.com

In this episode of the Smart Real Estate Coach Podcast, I'm hanging out with someone who's been in the trenches in some of the toughest rental markets and came out retired on a Florida beach — Ron Faraci. Ron has owned and managed several hundred low-income rentals, transformed ugly, problem portfolios into highly profitable ones, and ran CT REIA, the fifth-largest real estate investors association in the country. He's also the author of Confessions of a Landlord and creator of the now-famous 31-page "Bulletproof Lease."     We unpack how Ron quit his job, cashed out his 401(k), and went all-in on class C/D "ghetto-adjacent" properties, why he cares more about terms than price, and how he used forced appreciation and systems to retire in his mid-40s. He shares real-world landlording tactics—no garbage disposals, painted "magic handles," orange-coated copper, even canine-unit letters to chase off drug dealers—plus why he runs his business with "no mercy, no quarter" and a lease tenants initial 80+ times.   If you're a landlord, property manager, or aspiring buy-and-hold investor who wants cash flow, control, and fewer headaches, this conversation is a masterclass in how to make tough rentals profitable without losing your mind.   Key Talking Points of the Episode   00:00 Introduction 01:03 Who is Ron Faraci?  02:30 Semi-retired in St. Augustine, FL (and why the beach isn't "enough") 03:13 Blue-collar beginnings, LA sales job, and a fear of losing it all 04:34 Quitting the job, cashing in his 401K and burning the boats 05:05 Discovering creative financing early in his real estate career 06:02 Finding his tribe in CT REIA and buying it 07:11 Selling CT REIA and realizing that there's no finish line 08:45 Why joining your local REIA is key to getting started 10:20 Macro curveballs & building your "pivot muscle" 11:16 The pivot during COVID: Zoom meetings & over-delivering value 12:44 The money in tough, low-income areas 13:30 The million-dollar "worst two-family" example 14:02 No mercy, no quarter: If you want a friend, buy a puppy 15:16 The importance of knowing your fastball and letting someone else run your business 19:17 Appreciation vs. forcing NOI with cap rates as multipliers 20:38 What doesn't belong in low-income units 22:24 Magic handles, dirty copper & fly-free trash cans 25:30 Clearing out drug dealers with a single letter 27:57 The story behind The Bulletproof Lease 28:31 Where to find a copy of the Bulletproof Lease   Quotables   "You grow up with no money, you're stressed about having no money. Then you get a little bit, you're stressed about losing it."   "If I was playing poker, I pushed all the chips in. If you want to take the island, burn your boats."   "No mercy, no quarter… If you want a friend, buy a puppy… and if you want to eff around, you're going to find out."   Links   The Bulletproof Lease https://bulletprooflease.com   QLS 4.0 - Use coupon code for 50% off https://smartrealestatecoach.com/qls Coupon code: pod   Apprentice Program https://3paydaysapprentice.com Coupon code: Podcast   Masterclass https://smartrealestatecoach.com/masterspodcast   3 Paydays Books https://3paydaysbooks.com/podcast   Strategy Session https://smartrealestatecoach.com/actionpodcast   Partners https://smartrealestatecoach.com/podcastresources

What if managing rentals like an institution is the key to higher returns and less stress?Hosts Tait Duryea and Ryan Gibson talk with Matthew Whitaker, founder of Evernest, about scaling property management with systems, data, and AI. From HELOC-driven growth to managing 20,000 homes nationwide, this conversation breaks down why professional operations, fraud prevention, and institutional discipline can transform single-family and small multifamily investing for pilots.Matthew Whitaker is the founder of Evernest, a nationwide property management platform serving over 20,000 rental homes across 50 markets. A former single-family investor who scaled through multiple market cycles, Matthew now focuses on applying institutional systems, data, and AI to professionalize rental operations and reduce friction for real estate investors.Show notes:(0:00) Intro(0:19) Why property management changes everything(1:22) From 30 homes to 20,000 doors(5:03) Using HELOCs to scale real estate(10:32) Why paying off your house isn't safer(16:23) Inside Evernest's national platform(18:21) Tenant fraud and underwriting risks(22:12) Why in-house maintenance lowers costs(31:21) AI predicting repairs and NOI(34:10) Institutional systems for small rentals(46:07) How to work with Evernest(47:14) OutroConnect with Matthew Whitaker:Website: https://www.evernest.co/ —If you're interested in participating, the latest institutional-quality self-storage portfolio is available for investment now at: https://turbinecap.investnext.com/portal/offerings/8449/houston-storage/ — You've found the number one resource for financial education for aviators! Please consider leaving a rating and sharing this podcast with your colleagues in the aviation community, as it can serve as a valuable resource for all those involved in the industry.Remember to subscribe for more insights at PassiveIncomePilots.com! https://passiveincomepilots.com/ Join our growing community on Facebook: https://www.facebook.com/groups/passivepilotsCheck us out on Instagram @PassiveIncomePilots: https://www.instagram.com/passiveincomepilots/Follow us on X @IncomePilots: https://twitter.com/IncomePilotsGet our updates on LinkedIn: https://www.linkedin.com/company/passive-income-pilots/Do you have questions or want to discuss this episode? Contact us at ask@passiveincomepilots.com See you on the next one!*Legal Disclaimer*The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.

Send us a textReady to scale beyond flips and small rentals into commercial real estate without stepping on landmines? We sit down with investor and educator Becky Lambert to unpack the blueprint: how to pick the right markets, structure safer debt, and build durable cash flow with tenants who actually stay. Becky has 16 years in commercial under her belt and breaks down the core framework with clarity—what NOI really tells you, how DSCR protects your downside, and why a 1% shift in cap rate can swing a valuation by millions.We dig into the hidden systems that make or break deals: boilers, elevators, roofs, and power capacity. If you've ever inherited an old building and found out the hard way what “inspection missed” means, you'll appreciate the playbook for due diligence that buys leverage at the negotiating table. Becky shares how to curate tenant mixes that pull traffic—think surgeons, PT, pharmacies, and synergistic retail near hospitals—and why staggering lease expirations matters more than squeezing the last dollar on day one. We also explore counter-cyclical assets like storage, the trade-offs in specialized warehouses, and how ground leases and cell towers can add surprising income streams.For those itching to jump in, Becky explains why joining a syndication is a smart first step to learn IRR, equity multiple, and lender relationships from inside the deal. From selecting a market with real growth drivers to designing leases with escalations and creditworthy tenants, this episode gives you a clear path to move up the ladder without gambling your portfolio. If the numbers tell the truth, learn to listen—and let your strategy match what the market actually wants.Enjoyed the conversation? Follow the show, leave a quick review, and share this episode with a friend who's eyeing commercial deals. Your support helps more investors find the tools to grow wisely. Support the showThanks again for listening. Don't forget to subscribe, share, and leave a FIVE-STAR review.Head to Dwanderful right now to claim your free real estate investing kit. And follow:http://www.Dwanderful.comhttp://www.facebook.com/Dwanderfulhttp://www.Instagram.com/Dwanderful http://www.youtube.com/DwanderfulRealEstateInvestingChannelMake it a Dwanderful Day!

Nu este exclus ca anul viitor în discuțiile de pace pentru Ucraina să apară și numele Republicii Moldova, în contextul în care Rusia ar vrea să își păstreze teritoriile pe care le controlează în acest moment și să-și extindă influența și în alte regiuni, cum este și cazul Transnistriei. Invitatul Moldova Zoom de astăzi este Alexandru Lăzescu, analist de politică externă, cu care a stat de vorbă Larisa Bernaschi. Temele ediției: - România va găzdui, în primul trimestru al anului 2026, trilaterala miniștrilor de externe de la București, Kiev și Chișinău. „Un subiect important pe agendă va fi procesul de reconstrucție a Ucrainei”, declară ministra de Externe a României, Oana Țoiu, aflată într-o vizită oficială la Chișinău, cu prilejul reuniunii șefilor misiunilor diplomatice și oficiilor consulare ale Republicii Moldova din străinătate. O corespondență semnată de Valeria Vițu. - Un fost premier de la Chișinău a fost condamnat la închisoare. Doar că nu s-a întâmplat în Republica Moldova, ci în Franța. O instanță a decis ca Vlad Filat să stea doi ani în închisoare în Franța și să plătească 100 de mii de euro statului francez pentru spălare de bani într-un dosar de corupție. Dar cine este Vlad Filat și ce rol a jucat în politica Republicii Moldova? Ne explică Vitalie Cojocari în ”Cronical lui Vitalie”. - Apropierea de Uniunea Europeană, sprijin ferm pentru Ucraina și parteneriat strategic cu România. Președinta Maia Sandu a trasat prioritățile politicii externe pentru anul următor. - Linia electrică Vulcănești-Chișinău, cea care va asigura transportarea directă către Republica Moldova a energiei electrice cumpărate în România, este aproape de a fi dată în exploatare. - Patru companii și-au depus ofertele pentru extinderea terminalului Aeroportului Internațional Chișinău. - În satul Mândreștii Noi, din raionul Sângerei, din nordul Republicii Moldova, tradiția se lucrează cu acul, de mână. În atelierul soților Artur și Alexandra Oleinic, cojocăritul prinde viață printre piele tăbăcită, lână naturală și cusături bătute ca odinioară. Aici se nasc căciuli țurcănești, opinci și bundițe purtate de urători și colindători, iar pentru moldovenii din diasporă, ele devin mai mult decât un port popular, sunt amintiri pe care pot să le îmbrace și care țin aproape casa părintească și iernile de demult. Mai multe, în materialul semnat de Cătălin Volconovici și Denis Chirtoca. Știrile zilei: Linia electrică Vulcănești-Chișinău, cea care va asigura transportarea directă către Republica Moldova a energiei electrice cumpărate în România, este aproape de a fi dată în exploatare, iar în perioada următoare sunt planificate etapele de testare, a declarat în cadrul unei conferințe de presă, ministrul Energiei, Dorin Junghietu. În prezent, curentul cumpărat din România ajunge în Republica Moldova prin nodul energetic de la Cuciurgan, aflat pe teritoriul regiunii separatiste Transnistria și, teoretic, alimentarea poate fi întreruptă în orice moment de regimul separatist de la Tiraspol. Noua linie va exclude această vulnerabilitate și va consolida securitatea energetică a Republicii Moldova. „Linia Vulcănești-Chișinău conectează direct R. Moldova la sistemul energetic al României și implicit la rețeaua europeană ENTSOE, oferind stabilitate, siguranță și capacitate de reacție în situații de criză”, a declarat ministrul energiei de la Chișinău. Dorin Junghietu a mai precizat că, în paralel, avansează proiectele de interconectare cu România cu liniile de tensiune înaltă Bălti-Suceava și Strășeni-Gutinaș, care vor crește capacitatea de schimb transfrontalier și vor consolida integrarea Republicii Moldova în piața energetică europeană. *** Apropierea de Uniunea Europeană, sprijin ferm pentru Ucraina și parteneriat strategic cu România. Președinta Maia Sandu a trasat prioritățile politicii externe pentru anul 2026 la reuniunea ambasadorilor Republicii Moldova. O direcție importantă este și mobilizarea sprijinului internațional pentru consolidarea securității Republicii Moldova și poziționarea Chișinăului ca partener responsabil care contribuie la stabilitatea regională. *** Patru companii și-au depus ofertele pentru extinderea terminalului Aeroportului Internațional Chișinău. Administratorul aeroportului, Sergiu Spoială, a declarat la postul public Moldova 1 că sarcina companiei câștigătoare va fi extinderea suprafeței terminalului cu 5.000 de metri pătrați și modernizarea întregii infrastructuri. Aeroportul Chișinău a depășit în acest an pragul de 5 milioane de pasageri deserviți, iar extinderea terminalului vine ca soluție imediată la suprasolicitarea infrastructurii. După lucrările de modernizare, Aeroportul Chișinău va putea deservi 7,5 milioane de pasageri anual. Finalizarea lucrărilor este planificată pentru sfârșitul anului viitor. *** Fostul premier moldovean, Vlad Filat, și prima sa soție au fost condamnați de o instanță franceză pentru spălare de bani, scrie Ziarul de Gardă. Filat a fost condamnat la doi ani de închisoare și plata unei amenzi de 100 000 de euro, iar pe fosta sa soție – la 18 luni de închisoare cu suspendare și o amendă de 150 000 de euro. Aceasta va trebui totodată să plătească, împreună cu Filat, 10 000 de euro Republicii Moldova pentru daune morale. Fostul premier, care a executat o pedeapsă cu închisoare și în Republica Moldova, a reacționat, spunând că instanța franceză a pronunțat o decizie motivată politic, influențată de Republica Moldova. Solicitările exagerate și nefondate au dus la o hotărâre fără precedent, spune Filat declarând în același timp că a depus recurs împotriva acestei sentințe.

Most new investors think NOI equals cash in their pocket. It doesn't. In this episode, I break down what NOI actually is, how the capital stack works, why GPs get paid last, and how misunderstanding this one concept can destroy deals before they even start. If you want to avoid rookie mistakes and underwrite like a pro, this is required listening.

In this Strategy Saturday episode, Charles Carillo breaks down the 5-step value add multifamily process used to increase apartment NOI and transform underperforming apartment complexes into higher-value assets. Value add apartment investing is not just about renovating units and raising rents. True value is created by improving operations, fixing deferred maintenance, stabilizing tenant relationships, and executing renovations in the right sequence. In this video, Charles explains how professional multifamily investors execute a value add apartment business plan after a property goes under contract. You'll learn how to: • Identify property issues before closing • Prioritize deferred maintenance and curb appeal before rent increases • Build tenant goodwill during renovations • Renovate units strategically to maximize rent growth • Optimize multifamily operations using KPIs like occupancy, income, and turnover This episode is designed for multifamily real estate investors, apartment syndicators, and operators who want to understand how to increase apartment NOI without raising rents too early.   Links Referenced in Episode: - SS219: Transforming Properties: The Untold Value of Minor Renovations - https://youtu.be/fN7h6xCTlJc - SS235: SS235: Renovations That Don't Add Value - https://youtu.be/wgofSQT5ITM   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 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.

Si torna a parlare molto di previdenza complementare, con la probabile introduzione in legge di Bilancio del meccanismo del "silenzio assenso" per la destinazione del Tfr ai fondi pensione a partire dal 2026. Noi dedichiamo a questo tema una nuova puntata della nostra rubrica del giovedì. Per l'occasione viene a trovarci in studio Mario Romano, Amministratore delegato di Sella SGR.

Giovanni Pannacci"A domani, ragazzi"Fernandel Editorewww.fernandel.itAl liceo Italo Calvino sei ragazzi si affacciano all'ultimo anno di scuola, tra interrogazioni, amori, amicizie complicate e voglia di cambiamento. Elias, Lisa, Gemma, Matei, Paula e Javier non potrebbero essere più diversi, ma condividono una stessa esigenza: quella di essere ascoltati.Quando la nuova preside impone una visione autoritaria della scuola, gli studenti reagiscono inscenando una performance corale che unisce linguaggi artistici, citazioni letterarie e creatività. La loro ribellione pacifica e creativa finisce online e diventa virale.Dietro i riflettori della protesta, però, restano i corpi e le emozioni: amicizie che si consolidano, amori che nascono, ferite personali che chiedono di essere curate. Mentre gli adulti si dividono tra chi condanna e chi incoraggia, i protagonisti imparano che ogni rivoluzione ha un prezzo. E che la libertà non è una conquista definitiva, ma un esercizio quotidiano che si costruisce insieme.Giovanni Pannacci dà voce a un romanzo corale capace di raccontare l'adolescenza di oggi: fragile e combattiva, ironica e profonda. A domani, ragazzi è un romanzo di formazione che parla di scuola, di educazione e di crescita, ma è anche un libro che offre agli insegnanti spunti didattici e percorsi interdisciplinari da portare direttamente in classe.(Copertina di Stefano Bonazzi)Giovanni Pannacci vive a Rimini, dove insegna filosofia e storia in un liceo. In passato è stato conduttore radiofonico e ha scritto per il teatro, la pubblicità e il web. Come autore ha esordito nel 2012 con il romanzo La canzone del bambino scomparso (Perrone). Per Fernandel ha pubblicato i romanzi L'ultima menzogna (2016), La donna che vedi (2019) e Noi siamo qui (2021), di cui A domani, ragazzi rappresenta l'ideale continuazione.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/

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.

OPREȘTE-TE ȘI REFLECTEAZĂ! „Noi, în fiecare zi, ne lăudăm cu Dumnezeu, și pururea slăvim Numele Tău. Oprire.” (Psalmul 44:8)

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

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

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

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

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/