Podcasts about red knight properties

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Best podcasts about red knight properties

Latest podcast episodes about red knight properties

Passive Wealth Strategies for Busy Professionals
Keys to Out of State Multifamily Investing with Anthony Scandariato

Passive Wealth Strategies for Busy Professionals

Play Episode Listen Later Oct 16, 2023 28:17


What does it take to successfully invest in multifamily properties out-of-state?   Anthony Scandariato shares his experience breaking into out-of-state real estate investing and acquiring his first property in Clearwater, Florida. Learn how he evaluated the Tampa market, performed due diligence on the property, and built a local property management team to oversee it from afar.   Prior to forming Red Knight Properties, Anthony Scandariato who graduated from Cornell University with a Bachelor's degree in Applied Economics and Management, was a Co-Founder in Ridgeview Partners. He specialized in the retail space with a vertical model that provided flexibility to serve multiple customer segments with similar product lines through retail, wholesale, and production contracting channels. He Acquired and developed growth of 110+ retailers within first-year operations. He later moved on to Acquisitions & Asset Manager Vice President for Vision Properties, where he was directly involved and responsible for sourcing, negotiation, and managing the acquisition of $594MM of Class A office assets.   (00:00 - 06:00) Opening Segment Anthony began investing in his local New Jersey market, building a portfolio of around 70 units before expanding out-of-state. Anthony and his partner acquired their first out-of-state property just over the PA border, about an hour drive from home. Their first major out-of-state purchase was in Clearwater, FL. Anthony already had some familiarity with the Tampa market from previous commercial real estate experience.   (06:00 - 09:00) Evaluating the Clearwater Property They partnered with a local to the property for initial evaluation before visiting themselves. Anthony spent a full day walking every unit, taking photos, and making notes on conditions using a property inspection app. How Anthony verifies the accuracy of the seller's renovation claims and watches for any major structural, environmental, or maintenance issues.   (09:00 - 24:00) Assembling a Local Team To properly manage out-of-state, Anthony likes to start with at least 100 units in a market to have a sufficient team. He looks at labor market factors to ensure there's enough of a talent pool to hire quality on-site employees. It's crucial to have trusted partners managing each property. They've had to replace existing staff at new acquisitions.   (24:00 - 29:00) Closing Segment: Best Investment: Marrying his wife Worst Investment: Junk Food The most important lesson is to have good partners, partners you can trust.   Quotes: "If you're considering going out of state, me and my partner do day trips, so we'll get on a 6 a.m. flight, or whatever, the earliest flight that we can, and then we're back home to hit the pillow." - Anthony Scandariato   " Environmental is a total deal breaker; you can kind of tell when it's always a little bit desperate too." -Anthony Scandariato   Connect with Anthony: www.redknightproperties.com   Apply to Invest with Taylor at www.investwithtaylor.com   Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com   Please leave a review and help others escape Wall Street and build wealth on Main Street!

Real Leverage: Real Estate Investing
How to Buy Apartment Buildings While Working a Day Job w/ Anthony Scandariato

Real Leverage: Real Estate Investing

Play Episode Listen Later Aug 2, 2023 38:55 Transcription Available


Ever wanted to peek behind the curtain of successful real estate investing? Today's the day! Join us as we unravel the journey of Anthony Scantariado, Co-founder and principal of Red Knight Properties, from flipping a two-family house to acquiring a portfolio of 70 units. Anthony walks us through his investment strategies and the challenges he faced, while also shedding light on why he branched out his ventures to different states. Get ready to gain a deeper understanding of the real estate landscape as we delve into eviction proceedings in New Jersey and how it influenced Anthony's decisions.With Anthony, we traverse the intriguing world of Assets Under Management (AUM), as he explains why it's not always an accurate measure of a deal's success. Anthony reveals how he and his partner managed to raise an impressive 1.4 million for their first deal, and have since soared to manage 140 million in AUM. From investing in Florida to managing properties in Ohio, we tackle the challenges and risks of out-of-state markets. Hear firsthand from Anthony about the importance of local presence and trusting your hires, as he shares his experiences and strategies for remote property management. We end with a detailed discussion about current market conditions and how they are impacting investments. This is an episode you won't want to miss, packed with nuggets of wisdom from an industry expert who has navigated the complex world of real estate investment successfully.Join the Deals & Dollars community today. If you're interested in becoming a guest on the show or receiving exclusive invites to our networking events, sign up on our official website.Official WebsiteInstagramYoutube

Real Estate Investing – Live from New York
Podcasting to a 1,000 Unit Portfolio w. Anthony Scandariato

Real Estate Investing – Live from New York

Play Episode Listen Later Nov 29, 2022 51:58


On this week's show, I interview Anthony Scandariato, co-founder of Red Knight Properties, and host of the Discovering Multifamily Podcast. I had the pleasure of speaking on his show so was happy to reciprocate. We start off the conversation by talking about how podcasts can leverage your presence in the market and help build great relationships. Maybe you'll consider starting your own podcast after listening! Anthony graduated from Cornell University with a Bachelor's degree in Applied Economics and Management . While at school, he had the entrepreneurial drive so co-founded Ridgeview Partners that sold college apparel at over 110 retailers within the first-year operations. After a year, he decided he was looking for something more permanent so learned the real estate business at Vision Properties, where he was an Acquisitions & Asset Manager VP for their nationwide Class A office assets. He later said that his experience in those markets would help him branch out to build his own nationwide portfolio. Anthony recounts how he started with a 2 family and ultimately built up a 70 unit portfolio with his partner Brian Leonard, who played 8 years in the NFL. After they established a track record, they brought on outside investors for their first large scale acquisition of a 51 unit apartment building in Northern NJ. After selling, they have now parlayed it into a 1,000+ unit portfolio in NJ, NY, PA, FL, Ohio, and Alabama. There are some great lessons to learn from this podcast from the importance to being hands on to keeping your investors updated on a monthly basis. He states that there may never be a perfect time to start your own portfolio, but planning is essential to hit the ground running. You can find out more about Anthony and his company at https://redknightproperties.com/ or https://www.linkedin.com/in/anthonymscandariato/.

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The Investor Relations Real Estate Podcast
IRR 143: Using Real Estate To Grow Your Wealth

The Investor Relations Real Estate Podcast

Play Episode Listen Later Oct 19, 2022 24:43


The Investor Relations Real Estate Podcast Episode 143 - Host: Jonny Cattani Guest: Anthony ScandariatoProducer: April MunsonJonny Cattani is joined by Anthony Scandariato to discuss:Using real estate to grow your wealth Multifamily Investing Identifying target markets Rising interest rates Prior to forming Red Knight Properties, Anthony Scandariato who graduated from Cornell University with a Bachelor's degree in Applied Economics and Management, was a Co-Founder in Ridgeview Partners. He specialized in the retail space with a vertical model that provided flexibility to serve multiple customer segments with similar product lines through retail, wholesale, and production contracting channels. He Acquired and developed growth of 110+ retailers within first-year operations. He later moved on to Acquisitions & Asset Manager Vice President for Vision Properties, where he was directly involved and responsible for sourcing, negotiation, and managing the acquisition of $594MM of Class A office assets.Linked material referenced during the show: Book: The Miracle Morning - Hal Elrod https://www.amazon.com/The-Miracle-Morning-Hal-Elrod-audiobook/dp/B00CLMX0D4/ref=sr_1_1?crid=7YA19DBDLZIH&keywords=the+miracle+morning&qid=1666149321&qu=eyJxc2MiOiIyLjcwIiwicXNhIjoiMi4zOCIsInFzcCI6IjIuNTEifQ%3D%3D&sprefix=the+miracle+morning%2Caps%2C130&sr=8-1Connect with Anthony!LinkedIn: linkedin.com/in/anthonymscandariatoWebsite: www.redknightproperties.comEmail: a.scandariato@redknightproperties.com Connect with Jonny!Cattani Capital Group: https://cattanicapitalgroup.com/Invest with us: invest@cattanicapitalgroup.comLinkedIn: https://www.linkedin.com/in/jonathan-cattani-53159b179/Jonny's Instagram: https://www.instagram.com/jonnycattani/IRR Podcast Instagram: https://www.instagram.com/theirrpodcast/TikTok:https://www.tiktok.com/@jonnycattani?lang=enYouTube: https://www.youtube.com/channel/UCljEz4pq_paQ9keABhJzt0AFacebook: https://www.facebook.com/jonathan.cattani.1

Creating Wealth through Passive Apartment Investing
EP#238 Benefits & Challenges Of In-House Property Management with Anthony Scandariato

Creating Wealth through Passive Apartment Investing

Play Episode Listen Later Jun 16, 2022 19:39


Today I chatted with Anthony Scandariato, Managing Partner Red Knight Properties Prior to forming Red Knight Properties, Anthony Scandariato was a Co-Founder of Ridgeview Partners. He specialized in the retail space with a vertical model that provided flexibility to serve multiple customer segments with similar product lines through retail, wholesale, and production contracting channels. He acquired and developed the growth of 110+ retailers within first-year operations. He later moved on to Acquisitions & Asset Manager Vice President for Vision Properties, where he was directly involved and responsible for sourcing, negotiating, and managing the acquisition of $594MM of Class A office assets. Episode Spotlights- Employing an in-house team and using tech to look after properties- Effectively working with remote employees- Cost-effectiveness &timeline management to renovate properties with an in-house team- Being super selective to make good investments - Take calculated risks and don't be afraid to partner with peopleBook Recommendations: - Rich Dad Poor Dad- The Miracle MorningConnect with Anthony Scandariato:Instagram: @Anthony ScandariatoLinkedin: https://www.linkedin.com/in/anthonymscandariato/Website: http://redknightproperties.com/Grab your freebie - Tips for Multifamily Investing at www.ushacapital.comFound this episode insightful? Show us some love by spreading the word on social media or  rating and reviewing the show here - https://podcasts.apple.com/us/podcast/multifamily-ap360/id1522097213Follow Rama on socials!LinkedIn | Meta | Twitter | InstagramConnect to Rama KrishnaE-mail: info@ushacapital.comWebsite: www.ushacapital.com

Retail Retold
EP 174: Talking Shop with Anthony Scandariato

Retail Retold

Play Episode Listen Later May 31, 2022 32:12


Chris is joined by Anthony Scandariato to talk Multi-family Investing and Property Management. Anthony is the co-founder & Managing Principal of Red Knight Properties, a privately held boutique multi-family and mixed-use real estate investment and property management company investing firm. With 800 units and counting, Anthony's talk is sure to inspire. Listen now! 

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Real Estate Runway
54: Real Estate Market Conditions with Anthony Scandariato

Real Estate Runway

Play Episode Listen Later May 18, 2022 30:13


Anthony Scandalia from Red Knight Properties joins the show to discuss what they do and how they're helping to improve the real estate market. Anthony is a long-time real estate investor who has worked in many different markets around the country, including Nashville and Memphis. He's now located in Northern New Jersey, which has given him a unique perspective on the current market conditions. With a track record of building and managing portfolios that deliver dependable cash flow and equity upside, Anthony discusses how his company helps tenants move into better neighborhoods and offers advice on how to invest.   [00:00 - 03:35] Opening Segment I welcome Anthony to the show CEO of Red Knight Properties Effects of pandemic in acquiring and managing portfolios Focusing on workforce housing and job growth   [07:00 - 23:18] Real Estate Market and its Stability Investing in the housing market before and after pandemic   Anthony's advice on trading during when markets destabilize   The current market conditions and the risks associated with high leverage financing   Sensitivity analysis is important in underwriting   Wage inflation is real and affecting everyone from the bottom up Anthony shares some of their future plans Not relying on the market   [23:19 - 30:12] Closing Segment What is your superpower? Multitasking What is your biggest failure? Not hiring the right team from the beginning Support Anthony's philanthropic cause! Breast Cancer Foundation by Susan G. Komen Final words See links below to connect with Anthony   You can connect with Anthony through LinkedIn, Instagram, Facebook, and Twitter. Check out his podcast, “Discovering Multifamily”. Visit www.redknightproperties.com to know more.   LEAVE A 5 STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com.  Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.

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How to Scale Commercial Real Estate
Set Up a Tenancy In Common at the Beginning of the Deal

How to Scale Commercial Real Estate

Play Episode Listen Later May 12, 2022 17:32


In this episode of the How to Scale Commercial Real Estate Podcast, we welcome Anthony Scandariato back to the show. He shares what he's observing about the current housing market, the benefits of setting up a TIC and 1031, and how capital raising has become more efficient in recent years. All this and more!     Anthony Scandariato is a real estate entrepreneur & multifamily investor with a focus on in-place cash flow and forced value-add appreciation. He's the co-founder of Red Knight Properties, a privately held boutique multi-family and mixed-use real estate investment & property management company with a track record of building and managing portfolios that deliver dependable cash flow and equity upside.   Anthony is also the host of the popular podcast “Discovering Multifamily”, and teaches others how to become financially free through multifamily investing via tons of free content/events on RedKnightProperties.com and through his Facebook/Meetup Group Community - "Discovering Multifamily Investor Association."     [00:01 - 06:09] Welcoming Anthony Back  Catching up with Anthony and what he's been up to with Red Knight Properties  Listen to Anthony's first time on the show! Why he's selling early  Restrategizing and tapping into properties in the Southeast [06:09 - 14:24] The Real Estate Landscape   Anthony's thoughts on the  inflation to rent price ratio and its unsustainability The wage inflation's disparity with CPI inflation will cause greater supply and demand issues How Anthony is handling this next exit  Setting a 1031 and TIC initially How capital raising has changed in the last 4 years   [14:25 - 17:31] Closing Segment Advise Anthony has for those getting started in real estate  Figure out whether you want to be a passive or active investor  How to connect with Anthony  Tweetable Quotes   “It becomes complicated if you don't have a Tenancy in Common structure set up from the beginning because you could have one investor that just wants out, and just wants their money back,” -  Anthony Scandariato “So with the 1031 and the TIC, if we set it up from the beginning, they would actually all just move forward because it's not set up initially. If everybody was on board except one or two people, it blows up the TIC.” -  Anthony Scandariato  “Figure out if you really want to be active, or passive, figure out what you want.” - Anthony Scandariato  Resources Mentioned:  How to Scale Commercial Real Estate Podcast: Investing in Workforce Housing with Anthony Scandariato   ----------------------------------------------------------------------------- Connect with Anthony Scandariato Website: https://redknightproperties.com  LinkedIn: https://www.linkedin.com/in/anthonymscandariato  LinkedIn: https://www.linkedin.com/company/red-knight-properties/ IG: https://www.instagram.com/redknightproperties/  Twitter: https://twitter.com/redknightprop  Facebook: https://www.facebook.com/redknightproperties Youtube: https://www.youtube.com/channel/UChvn3ruK6_OAY0RG5Y8LgIQ  Podcast: https://podcasts.apple.com/us/podcast/discovering-multifamily/id1506820688  Connect with me:   I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.     Facebook   LinkedIn   Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on.  Thank you for tuning in!   Email me → sam@brickeninvestmentgroup.com   Want to read the full show notes of the episode? Check it out below:   HTSCRE #529 [00:00:00] Anthony Scandariato: Just figure out what your goals are, figure out what you want. You really want to be managing maintenance, technicians, leasing agents. It's really an operating company. So you really want to take on that or do you just want to partner with someone who's experienced like Sam or whoever the sponsor is and have your money work for you? [00:00:16] Do whatever you're doing as a hobby or passion or whatever, just really figure out what you want to do.  [00:00:21] Intro: Welcome to the How to Scale Commercial Real Estate show to Scale Commercial Real Estate. Whether you are an active or passive investor, we'll teach you how to scale your real estate investing business into something big.  [00:00:32] Sam Wilson: Anthony Scandariato auto is the co-founder of Red Knight Properties. [00:00:36] Red Knight currently has over a hundred million dollars in assets under management, 750 units in four different states on the east coast. Anthony, welcome to the show.  [00:00:45] Anthony Scandariato: Great to be back on Sam. Really appreciate you having me on again. Pleasure's mine.  [00:00:48] Sam Wilson: You came on episode number 72. So the show was just getting kicked off there. [00:00:53] I think you want to go back and listen to Anthony's story. We won't spend a lot of time on today's show, here. Previous the story that he shared with us on episode 72, that was on February 9th, 2021. By the time this goes live, this will probably somewhere close to June of 2022. So that's almost 16 months later in case somebody though they didn't get the chance to listen to it. [00:01:13] Can you give us a 92nd synopsis where you started, where you are now?  [00:01:18] Anthony Scandariato: Yeah. As Sam said, one of the co-founders of Red Knight Properties were a privately held boutique mixed use and multifamily investment management company for real estate, as well as a property management team. As Sam said, we have about a hundred million dollars under management. [00:01:32] I think when I came on Sam show, we were more like 60 million. So basically doubled from that your time period. We did quite a bit of deals in 2020. And over 750 units, I think we only had maybe 400 units give or take in three different states. Now we're in four different states. So pretty exciting. [00:01:49] I think we were just closing in our first Southeast state of this great state of Florida. We're actually starting to sell some assets now given the state. Where the market is and how quickly, especially the state of Florida has really grown from so many different standpoints. So we're starting to sell some of our assets that we weren't even considering selling for another three to four years from now. [00:02:13] We're actually selling early. So happy to talk about why we're starting to sell early. Yeah, deviating from our business plan a little bit.  [00:02:21] Sam Wilson: Love to hear that the floor is yours. Why are you selling early?  [00:02:25] Anthony Scandariato: Sure. So I started my company 2018. We can go back to the other episode and listen, but since basically 2018 acquired almost a thousand units at this point. [00:02:36] And once we're value added investors, we come in and find operational inefficiencies. From a management standpoint and mostly from a management standpoint and we're buying assets from motivated sellers long-term owners, when we're investing in CapEx that hasn't been put to a life and 10 to 15 years, and we're really bumping the rents up and for us to get 25% rent bump within the year with. [00:03:01] We're not just investing the dollars necessary in order to get that bump. We're not just going in and raising the rents like a lot of other operators. We just think at this point in the cycle and this is releasing in like mid Q2 in 2022, when interest rates are on the rise inflation is still going to be carried out in my opinion for the next couple of years, probably not going to be as elevated as it was 2021, but it's still going to be a problem. [00:03:25] Moving forward. Long-term depends what the fed decides to do probably by the time this is released, we'll probably raising another half a point. But with all those macroeconomic situations rates, aren't going to go down inflation is going to stay pretty high in which means rents are still going to go up. [00:03:42] We just think the value, it's almost like we front-loaded a lot of the appreciation over the past couple of years. And I feel like we're not going to just see that huge increase in spike and value that we saw. Once the fed basically did their QE and rates were at near zero for a couple of years, it's just, the values are going to start to slow down. [00:04:03] I'm not saying they're going to crash. They're going to slow down. And obviously in the commercial real estate and all it's all driven on NOI, right? So as quickly as you can get rents up for us and we see the value, there's a property in Florida we're selling for double what we pay for it a year ago. [00:04:19] And our projections weren't even assuming that five years. So we're looking at the returns and we're like if we can provide people basically double their money in a year, and then we could do some tax deferred strategies, reinvest the capital. If they decide to come back, reinvest the capital into another opportunity, that's maybe not in as hot of a market as far as, because there's a lot of capital. [00:04:42] We were talking about this on our show, which I'm planning to release as well. Sam was on my show, Discovering Multifamily and we were just talking about some of the pivots he's been making to his business. We're doing very similarly, but we're sticking with our asset class, multi-family we're going into other markets. [00:04:57] Now we're looking at Midwest markets that haven't really been tapped as much as the Southeast has been lately, even where I'm based in the Northeast. It's always been a little saturated. So we're pivoting. Where all the money's flowing. We want to come in early and then you kinda gotta know when it's right to get out. [00:05:14] And as of right now, we could refinance. Everybody can get the money back. We can roll that into another property. Great birth strategy for commercial real estate. And I think we touched on that in the previous session. You just got to do your numbers and see what makes sense and really just analyze all the risks in the economy and an informed and educated decision might not be the best decision, but at least you want to just have an opinion and you want to be able to come up with some logic behind, okay, why are we selling early? [00:05:41] Why are we selling four years early? The reason is X, Y, Z so it's very interesting and you're seeing it in the market as well. I'm sure. We'll see what happens. A lot of other operators I've talked to are experiencing the same type of feelings, starting to sell assets early. And they're doing well on them. [00:05:58] Sam Wilson: There's never a bad time to execute the entirety of the business plan in a shorter timeframe. It's oh, great. Lucky us. We said five years and now we're going to do it in one. That's okay. That's quite okay. I'm really curious when you think about the inflation to rent price ratio, right? [00:06:16] Like we've seen inflation the published seven ish percent and then we've seen rents again it's a very localized number, but let's just use. Arbitrary insights, 15% on a national average. I don't know what it is on a national average, but it's greater than what inflation has been at some point. [00:06:32] Do you feel like that is going to swap like positions there where the rents are not keeping up with where inflation is going? Just because people don't have the income to support it at some point.  [00:06:44] Anthony Scandariato: Do you think that okay, you're right. It depends upon wage growth. At the end of the day, you really should be looking at CPI that likes to quote PCE. [00:06:52] So PCE. They don't have. Really rent, like the real red figures in that number. So I think inflation is higher than what they're representing, to be honest with you. And I know a lot of other people do as well. At some point, yes, it's good. We like to look in markets where rent is maybe 25% to 33% on the high end of their wages of their income. [00:07:15] So if the wage inflation is not keeping up with rent or just regular CPI inflation, Yeah, it's going to be a problem. There's still a supply and demand issue. Over the past couple of years, I think the level of new homes and also new apartments are down 50%. It's only going to get worse because now with rates rising, there's gonna be a lot of builders that go belly up, unfortunately is going to be a lot of customers. [00:07:39] I think on the single family side, pulling out of deals on the apartment side, it's getting harder to build because costs are just higher. So they're going to have to pass that onto the consumer. I specialize in the class C space. So we're trying to buy deals below replacement costs in the first place. [00:07:55] So yeah, it's going to be a problem. I, again, like I said, I keep going back to, I think we front-loaded a lot of the appreciation. We're not going to see 20% year over year. It's just, it's stupid. And I get opportunities from other sponsors who will still believe that's going to happen. [00:08:10] Who knows if you're buying in the state of Florida, maybe it's going to happen. I don't want to see a projection where, you know, on a class C property where you're projecting $2,000 a month for a one bedroom apartment. Even if you renovate it, it's just something about that in a suburban area. It just doesn't seem right to me. [00:08:25] Like you said, Sam, you got to look. The employment drivers and it's all local employment drivers in the area. Where are the jobs? What type of wages are they paying? Is that industry experiencing wages, coalitions across the board? In my opinion unemployment's near time, all time low. [00:08:42] I actually think the unemployment rates probably in the short term, going to go down. Even further, but then probably by the end of the year and go back up a couple of points. We'll see. So it's a very interesting conundrum. The good thing about the commercial real estate world is if the rents still keep going up, let's say three to 4% a year. [00:08:58] Your NOI keeps going up. If interest rates rise, theoretically, it's not always one for one, but. Rise a little bit, maybe 10 basis points for every hundred basis points and interest rate move, which is weird. Cause it's not one-to-one correlation. And again, it's still a lot of money out there that we're just on the sidelines for two years, chasing multifamily, industrial self storage, those three hot asset classes concentrated in different areas. [00:09:24] Now, like I said, in the south and my opinion, it's just still a lot of cheap money out there. A lot of balance sheet lenders, a lot of bridge debt. I'm a little nervous for some of the sponsors who took on very high leverage bridge debt, and they think they're going to get out of it in two years and they're may be slow in their business plan. [00:09:39] And when they go to refi, they got to do a capital call because the value is not there. So I'm a little concerned with that. But for sponsors that have been experienced around there, that's good opportunity for them to start picking up some of those quote unquote distressed properties. But I still don't think we're going to see that for a couple of years, right? [00:09:56] Sam Wilson: No, couldn't agree more. Talk to us about your deal that you are exiting. Your role in that, or at least some of the proceeds of that into another deal. Are you doing one large, 1031 with your investors? And they're just going into the next deal or what's the process like on that?  [00:10:12] Anthony Scandariato: Yes, the sale hasn't been completed well, by the time this is released, it'll probably be completed. As a sponsor and just some pieces of advice, it's very difficult to do a 1031 in a syndication. Very difficult in my experience, if you don't have a TIC set up from the beginning, it's going to be very challenging for you to moving forward. [00:10:29] So what we're doing is. As if we sold the building and we were buying nothing else, however, we are fortunate to find another opportunity. And we do cost segregation studies and the ability to pick up bonus appreciation. This is 2022, I think is the last year for a hundred percent bonus depreciation. [00:10:47] So whatever capital gain my investors, including myself, cause I invest as well. I have to pay hopefully if they choose to reinvest most of it or all of it can be offset by another reinvestment. So it's not a 10 31 exchange, but there still is some tax benefits and deferrals, cause you still have to pay it at some point. [00:11:05] So that's what we're currently working on. But yeah, it's tough to do a 1031, if you don't have it set up for the beginning of the TIC,  [00:11:12] Sam Wilson: when you say set up from the beginning, can you explain that? You mean set up in the initial investment as a, so you're saying you're going to a Tenancy, which to those you're listing a Tenancy in Common deal, you're going to Tenancy in Common. [00:11:25] Then you go to your 1031 intermediary, you roll the money into the intermediary, and then you go to the next deal as a Tenancy in Common. Is that what. Correct.  [00:11:32] Anthony Scandariato: And it becomes complicated if you don't have Tenancy in Common structure set up from the beginning, because you could have one investor that just wants out. [00:11:39] Just wants their money back. And it happens. We've done deals where we've refinanced. We give everybody a money back and maybe one or two people, oh, I need the money because I'm buying a house or I'm doing this I'm going on vacation. So with the 1031 and the TIC, if we set it up from the beginning, they would actually all just move forward because it's not set up initially. [00:11:58] They and everybody was on board except one or two people. It blows up the TIC  [00:12:03] Sam Wilson: there's a way around that. Cause I was just involved in a deal and I was that investor yeah, I didn't want to roll over one cause I wasn't in love with the next opportunity. And then secondly, because I had invested with my IRA funds, so it didn't really matter to me if we were 10 and they didn't set it up as a 1031 in the beginning. [00:12:18] So I'm like, one, I don't like your deal. The second deal. And two, like I gain nothing by this is a self-directed IRA. So I gained nothing by 1031-ing this. So I want out, right? So I was that pain in the neck investor, sorry, Anthony. But there was a way around it and I don't know what they did in the deal. [00:12:35] They found a way, but it was paperwork heavy to your point. It was paperwork heavy and there was new LLCs created  [00:12:42] Anthony Scandariato: and neither of us are tax advisors or experts. So we're not the right people.  [00:12:46] Sam Wilson: Right. No, don't take anything. I say here's tax or legal advice. That's for sure. But just to note that there is a way around it, it's just messy. [00:12:53] So to your point, let's avoid all the mess. We can get 2018 to now, what have you seen change on the capital raising side of things? And are you guys doing anything differently than you were four years ago? Yeah,  [00:13:06] Anthony Scandariato: I think it's streamlined more, becoming easier to raise capital. And as we were talking, there's a lot of money still out there in the system. [00:13:13] And also a lot of we cater to individual investors. So we're usually talking to mostly high net worth individuals that putting in 50,000 or a hundred thousand into a deal and looking for income and also equity upside at the sale or the. It's really grown upon itself. I think once you've been around and I've been in the industry since 2014, so it's not 2018, I worked for somebody else. [00:13:40] But once you develop a reputation and you start producing case studies, you start selling, you start refining. The case may be, you'll be able to show those returns into find more investors and more partners. It becomes easier in that sense. And your network starts to grow. Obviously we both have podcasts, so both of our networks have grown from that. [00:13:59] I think you just have to have a system in place. We have investor portal, we have software that kind of manages relationships, CRM, and it grown upon itself. Most of our new investors come from existing investor referrals. There's always the one-off the founders on LinkedIn or our podcast. But it's probably similar to you. [00:14:18] 70% of referrals. Yeah.  [00:14:19] Sam Wilson: Awesome. And that's so true. You'll get one-offs. But a lot of it, it's a very referral based system. If someone were getting in the business today and they're launching out and they want to invest in multifamily, what is one piece of advice you would give?  [00:14:34] Anthony Scandariato: Just figure out if you really want to be active, or if you want to be passive, figure out what you want. [00:14:39] Cause they're both very different. I started out active. I'm obviously still active my ultimate goal. And we were talking about this on your show. Staff is I'm still young. So are you is to become fully limited partner and fully passive at some point. Just figure out what your goals are, figure out what you want. [00:14:54] You really want to be managing maintenance, technicians, leasing agents. It's really an operating company. So you really want to take on that or do you just want to partner with someone who's experienced like Sam or whoever the sponsor is and have your money work for you? To whatever you're doing as a hobby or passion or whatever, just really figure out what you want to do. [00:15:14] Cause I have people who have come to me that want to be active, and then I start telling them how much work it is and be like, you know what, let me just put my money in a deal and then let's see how you do it. And then if I think it's a lot of work, then I'm not going to do it moving forward. [00:15:26] So that's happened. It can count on one. Definitely multiple times happened,  [00:15:31] Sam Wilson: right? Yeah. That's so true. Absolutely so true. And that's a great point because a lot of people want to get involved in real estate. Then they get overwhelmed with the mechanics of it. Oh my gosh, there's so many terms. How do I do this? [00:15:42] How do I do that? And then it becomes confused. Mind says no. And they shut down the easiest way and the best way, at least for me, the same as you, I think is that become a passive investor. That's how I cut my teeth in this. It came in as a passive investor and I learned through. While investing. And it was like, oh, okay, now I understand it. [00:15:59] So that's an absolutely fantastic point, Anthony, thank you for coming on the show today. Pleasure to have you back. I've enjoyed our conversation. Learned certainly a lot more about what you guys are doing while you guys are exiting deals where you see the market going. And then also, you know how you guys are protecting yourselves. [00:16:14] Certainly enjoyed that. Thanks for sharing your wisdom with us. If our listeners want to get in touch with you or learn more about you, what is the best way to do.  [00:16:21] Anthony Scandariato: Sure we have a website and my company is redknightproperties.com. Just go there. We have a free e-book titled Leave Your Nine to Five Through Investing in Real Estate. [00:16:28] That will actually pop up. Just putting your name, your email. I can send that to you for free. All my contact information will be on there. Facebook, Instagram, Twitter, LinkedIn, either my name, Anthony Scandariato or a company Red Knight Properties where you know, we're on everything. Absolutely.  [00:16:42] Sam Wilson: Anthony, thank you again for your time. [00:16:44] All right, Sam. Thank you.  Hey, thanks for listening to the How to Scale Commercial Real Estate podcast. If you can do me a favor and subscribe and leave us a review on apple podcast, Spotify, Google podcast, whatever platform it is you use to listen. If you can do that for us, that would be a fantastic help to the show. It helps us both attract new listeners as well as rank higher on those directories. So appreciate you listening. Thanks so much and hope to catch you on the next episode.

Apartment Investing Journey
TLS204: Transitioning from the East Coast to the Midwest - with Anthony Scandariato

Apartment Investing Journey

Play Episode Listen Later May 9, 2022 22:37


Prior to forming Red Knight Properties, Anthony Scandariato who graduated from Cornell University with a Bachelor's degree in Applied Economics and Management, was a Co-Founder in Ridgeview Partners. He specialized in the retail space with a vertical model that provided flexibility to serve multiple customer segments with similar product lines through retail, wholesale, and production contracting channels. He Acquired and developed growth of 110+ retailers within first-year operations. He later moved on to Acquisitions & Asset Manager Vice President for Vision Properties, where he was directly involved and responsible for sourcing, negotiation, and managing the acquisition of $594MM of Class A office assets.Join Our Passive Investor NetworkDownload Our Passive Investor Guide to Multifamily SyndicationsWE DISCUSS:How he got into real estate investing.How he transitioned from corporate to starting his own company.How he found his business partner.Finding opportunities despite a competitive market.What he looks forward to in the future.His best source for finding investors.His biggest challenge.What's going really well with his business.KEY QUOTE:“If you're a newbie then it's always good to partner up with another sponsor if you're trying to be active, obviously passive is a different story. But it is competitive but you can still get deals done.”CONNECT WITH OUR GUEST:Website: www.redknightproperties.comCONNECT WITH US! Visit our Website: https://www.canovocapital.com/podcastConnect with us on Facebook: https://www.facebook.com/apartmentinvestingjourney/?modal=admin_todo_tourFollow us on YouTube: https://www.youtube.com/channel/UCpmNIzpEzxGn5ZuNgjAVV-w/featuredFollow us on Instagram: https://www.instagram.com/apartmentinvestingjourney/Listen on Apple Podcasts: https://podcasts.apple.com/us/podcast/apartment-investing-journey/id1464256464LOVE THE SHOW? PLEASE SUBSCRIBE, RATE, REVIEW & SHARE

Investor Financing Podcast
Multifamily Workforce Housing and More

Investor Financing Podcast

Play Episode Listen Later Apr 15, 2022 28:37


How to Reposition Multifamily Assets Beau sat down with Anthony Scandariato in this episode to talk business. Anthony began working in the corporate world and realized that he could do better starting his own investment firm. He dove right in and the rest is history. Now, he's a co-founder at Red Knight Properties and business is booming! According to Anthony, "We operate a five-phased approach that begins and ends with the acquisition of strong assets that meet our stringent purchase criteria. "We are commercial real estate investors who acquire well-located apartment & mixed-use properties where we can add value and increase rents through physical upgrades and improved property management practices." About Anthony Prior to forming Red Knight Properties, Anthony Scandariato graduated from Cornell University with a Bachelor's degree in Applied Economics and Management. He was a Co-Founder in Ridgeview Partners, specializing in the retail space with a vertical model that provided flexibility to serve multiple customer segments with similar product lines through retail, wholesale, and production contracting channels. Anthony acquired and developed growth of 110+ retailers within their first-year operations. He later moved on to Acquisitions & Asset Manager Vice President for Vision Properties, where he was directly involved and responsible for sourcing, negotiation, and managing the acquisition of $594MM of Class A office assets.

Thinking Like a Bank
Episode 50: Grow Wealth with Real Estate with Anthony Scandariato

Thinking Like a Bank

Play Episode Listen Later Mar 2, 2022 27:02


Anthony Scandariato is the co-founder and managing principal at Red Knight Properties. Prior to forming Red Knight Properties, he was a Co-Founder in Ridgeview Partners. He specialized in the retail space with a vertical model that provided flexibility to serve multiple customer segments with similar product lines through retail, wholesale, and production contracting channels. Red Knight Properties is a privately held boutique multi-family and mixed-use real estate investment & property management company with a track record of building and managing portfolios that deliver dependable cash flow and equity upside. Red Knight properties currently owns, manages, and operates around 800 multi-family units with an asset value of around $100mm, up and down the East Coast. This episode talks about: Anthony's background prior to getting into real estate Different ways to fund real estate deals Duties of a real estate operator? General Partner versus Limited Partner Duties of a property management company (in the context of real estate syndication)? Advantages of having an in-house property management rather than hiring a third-party company. The types of real estate properties that Red Knight Properties focuses on. Recent changes in multifamily investing from a syndication standpoint? The different types of debt financing. Typical holding period when investing in real estate Why invest in real estate? Why not just invest in the stock market? Taking control of your finances and protecting capital. Leverage your whole life cash value policy when investing as a limited partner. Get the benefits of both; cash value whole life insurance along with real estate (with the same money). To connect with Anthony Scandariato, please visit:

The Cashflow Project
Carving your own path with Anthony Scandariato

The Cashflow Project

Play Episode Listen Later Feb 8, 2022 28:16


Join Vince as he talks with Anthony Scandariato about carving your own path. Anthony is the co-founder and managing principal of Red Knight Properties, a boutique multifamily and mixed-use real estate investment and property management company. Before building his firm, he had a full-time job under another real estate firm which made him knowledgeable about the industry. Today, Anthony shares how he took the calculated risk of making the jump to building his firm. There's a lot to unpack, so stay tuned and enjoy the episode! Take Risk, Make the Jump Many people have full-time and good-paying jobs, and they have the capacity to make the jump and invest their way to financial freedom, yet they do not. The idea petrifies people into inaction, and they are playing it safely under the security blanket of a W-2 job. For Anthony, that is actually fine because it cannot be forced. But asked how he did it, Anthony credits it to his full-time job prior to his company. Working in a real estate company for six years gave Anthony the knowledge and foundation to leap and stand on his feet.   Going solo comes with risks, but Anthony's was a calculated one. Because he had experience in the real estate industry, he was not clueless about how things should be done. Yet, Anthony still made mistakes along the way, which served as lessons the next time he encounters the same problems. Anthony also had his fair share of sacrifices before taking the trajectory of what he planted. It takes creativity to minimize expenses and live for free, but in the end, it was all worth the risk.   About Anthony Scandariato: Prior to forming Red Knight Properties, Anthony Scandariato, who graduated from Cornell University with a Bachelor's Degree in Applied Economics and Management, was a co-founder of Ridgeview Partners. He specialized in the retail space with a vertical model that provided flexibility to serve multiple customer segments with similar product lines through retail, wholesale, and production contracting channels. He acquired and developed the growth of 110+ retailers within first-year operations. He later moved on to acquisitions and asset manager vice president for Vision Properties, where he was directly involved and responsible for sourcing, negotiation, and managing the acquisition of $594M of Class A office assets.   Outline of the episode:  ●    [01:01] What different asset classes Anthony invests in and his strategy ●    [04:32] Anthony's first full-time job and how he took the risk and made the jump ●    [08:53] Mistakes made despite a background in real estate ●    [10:51] Systematize to grow ●    [13:48] Anthony's advice for those trying to get into real estate ●    [21:06] Book recommendation and Anthony's superpower ●    [22:40] The biggest lesson Anthony learned over his career ●    [24:03] Tips for working professionals to reach financial freedom   Resources: ●    Website   Connect with The Cashflow Project! ●    Website ●    LinkedIn ●    Youtube ●    Facebook ●    Instagram

Behind The Facade - Real Estate & Property Investment
92. Syndicating your Investments - a Conversation with Anthony Scandariato

Behind The Facade - Real Estate & Property Investment

Play Episode Listen Later Jan 24, 2022 39:28


In this weeks podcast I am speaking with Anthony Scandariato of Red Knight Properties, based out of New Jersey in the US. Anthony has scaled his business to +600 units using syndication and explains how it works in this conversation - I hope you enjoy! Learn more about Anthony here - https://redknightproperties.com/  You can connect with and learn more about Gavin here - https://www.gavinjgallagher.com  Gavin also has a YouTube channel - https://www.youtube.com/gavinjgallagher?sub_confirmation=1

Gavin J. Gallagher
92. Syndicating your Investments - a Conversation with Anthony Scandariato

Gavin J. Gallagher

Play Episode Listen Later Jan 24, 2022 39:28


In this weeks podcast I am speaking with Anthony Scandariato of Red Knight Properties, based out of New Jersey in the US. Anthony has scaled his business to +600 units using syndication and explains how it works in this conversation - I hope you enjoy! Learn more about Anthony here - https://redknightproperties.com/  You can connect with and learn more about Gavin here - https://www.gavinjgallagher.com  Gavin also has a YouTube channel - https://www.youtube.com/gavinjgallagher?sub_confirmation=1

Early Bird
Real Estate Investor Outlook 2022 and the Advantages of Multifamily Commercial Real Estate

Early Bird

Play Episode Listen Later Jan 10, 2022 21:53


Anthony Scandariato, the Co-founder & Managing Principal for Red Knight Properties and host of the Discovering Multifamily podcast,  joins the podcast today.  Anthony talks about investing in real estate in 2022, specifically multifamily commercial real estate,  his outlook for the real estate market, the advantages of real estate investing, and how retail investors can get started in real estate.Become a smarter investor and make more money by subscribing to Early Bird, a free daily email newsletter, for free: http://earlybird.emailThe contents from Early Bird are for informational and entertainment purposes only and do not constitute financial or legal advice.

DREAM CHASERS | Interviews with the Future
REM1: Anthony Scandariato - Discovering Multifamily Syndication

DREAM CHASERS | Interviews with the Future

Play Episode Listen Later Jan 6, 2022 46:05


Welcome to the first-ever episode of the Real Estate Milestones Podcast! In this episode, Ben Malech brings on special guest Anthony Scandariato, Founder of Red Knight Properties and Host of Discovering Multifamily Podcast, to discuss his journey to becoming a full-time real estate entrepreneur. In this episode you will learn about: - How Anthony got his start in Multifamily Real Estate and Workforce housing. - How to scale a real estate investment business using the Syndication Model.- How to apply the BRRRR Model to apartment investing. - An expert opinion on how interest rate changes might affect a real estate investment. - What superpower Anthony wants to have.- And much more!If you want to learn more about Anthony or connect with him, you can find him using any of the links below:LinkedIn: https://www.linkedin.com/in/anthonymscandariato/Red Knight Properties Website: https://redknightproperties.com/Discovering Multifamily Podcast: https://www.youtube.com/channel/UChvn3ruK6_OAY0RG5Y8LgIQThank you for Listening! I look forward to seeing you next week for an interview with expert networker, Mike Strug!Connect with Ben!LinkedIn: https://www.linkedin.com/in/benjamin-malech/Email: Benmalech@carswell.ioMusic Credits: Sweeter Vermouth Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 3.0 Licensehttp://creativecommons.org/licenses/b...SHOW LESSSupport the show (https://www.patreon.com/dreamchasers_ix)

Real Estate Monopoly
Office vs Multifamily: How Anthony Scandariato Left Officed Industry and Built a Multifamily Portfolio | REM #96

Real Estate Monopoly

Play Episode Listen Later Dec 27, 2021 37:35


We interviewed Anthony Scandariato. Prior to forming Red Knight Properties, Anthony who graduated from Cornell University with a Bachelor's degree in Applied Economics and Management, was a Co-Founder in Ridgeview Partners. He specialized in the retail space with a vertical model that provided flexibility to serve multiple customer segments with similar product lines through retail, wholesale, and production contracting channels. He Acquired and developed growth of 110+ retailers within first-year operations. He later moved on to Acquisitions & Asset Manager Vice President for Vision Properties, where he was directly involved and responsible for sourcing, negotiation, and managing the acquisition of $594MM of Class A office assets. In this episode, we cover several key topics including: Offices vs Multifamily Why He Chose to Vertically Integrate Property Management How He's Providing Affordable Housing and Improving Communities While Doing Great Multifamily Deals And lots more! Connect with Anthony: Website - https://redknightproperties.com/ Linked In - https://www.linkedin.com/in/anthonymscandariato https://www.linkedin.com/company/red-knight-properties/?viewAsMember=true Instagram - https://www.instagram.com/a_scandariato/ https://www.instagram.com/redknightproperties/ Youtube - https://www.youtube.com/channel/UChvn3ruK6_OAY0RG5Y8LgIQ Twitter - https://twitter.com/a_scandariato?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor https://twitter.com/redknightprop Email - a.scandariato@redknightproperties.com Facebook - https://www.facebook.com/redknightproperties Podcast - https://podcasts.apple.com/us/podcast/discovering-multifamily/id1506820688 And if you want more tips and guidance, sign up to our weekly newsletter at www.donisinvestmentgroup.com/monopoly. Follow Us: @donisbrothers on Instagram, Twitter, Facebook @Donis Investment Group on Linkedin Website --> www.donisinvestmentgroup.com

Real Estate Monopoly
Office vs Multifamily: How Anthony Scandariato Left Officed Industry and Built a Multifamily Portfolio | REM #96

Real Estate Monopoly

Play Episode Listen Later Dec 27, 2021 37:35


We interviewed Anthony Scandariato. Prior to forming Red Knight Properties, Anthony who graduated from Cornell University with a Bachelor's degree in Applied Economics and Management, was a Co-Founder in Ridgeview Partners. He specialized in the retail space with a vertical model that provided flexibility to serve multiple customer segments with similar product lines through retail, wholesale, and production contracting channels. He Acquired and developed growth of 110+ retailers within first-year operations. He later moved on to Acquisitions & Asset Manager Vice President for Vision Properties, where he was directly involved and responsible for sourcing, negotiation, and managing the acquisition of $594MM of Class A office assets. In this episode, we cover several key topics including: Offices vs Multifamily Why He Chose to Vertically Integrate Property Management How He's Providing Affordable Housing and Improving Communities While Doing Great Multifamily Deals And lots more! Connect with Anthony: Website - https://redknightproperties.com/ Linked In - https://www.linkedin.com/in/anthonymscandariato https://www.linkedin.com/company/red-knight-properties/?viewAsMember=true Instagram - https://www.instagram.com/a_scandariato/ https://www.instagram.com/redknightproperties/ Youtube - https://www.youtube.com/channel/UChvn3ruK6_OAY0RG5Y8LgIQ Twitter - https://twitter.com/a_scandariato?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor https://twitter.com/redknightprop Email - a.scandariato@redknightproperties.com Facebook - https://www.facebook.com/redknightproperties Podcast - https://podcasts.apple.com/us/podcast/discovering-multifamily/id1506820688 And if you want more tips and guidance, sign up to our weekly newsletter at www.donisinvestmentgroup.com/monopoly. Follow Us: @donisbrothers on Instagram, Twitter, Facebook @Donis Investment Group on Linkedin Website --> www.donisinvestmentgroup.com

Dreamcatchers
Start Small Then Scale - Anthony Scandariato

Dreamcatchers

Play Episode Listen Later Sep 26, 2021 40:48


When we have the end goal in focus, more often, it is fated for us to miss out on the details. However, what truly makes us progress? It's about being realistic and not being afraid of starting small. Today, we have Anthony Scandariato who will talk about acquiring and maintaining the perspectives to effectively scale.Real estate entrepreneur & multifamily investor with a focus on in-place cash flow and forced value-add appreciation. I am strongly passionate about helping people leave their 9-5 with passive income through multifamily real estate investing! I'm the Co-founder of Red Knight Properties. Red Knight Properties is a privately held boutique multi-family and mixed-use real estate investment & property management company with a track record of building and managing portfolios that deliver dependable cash flow and equity upside. I'm also the host of the popular podcast “Discovering Multifamily”, and I also teach others how to become financially free through multifamily investing via tons of free content/events on RedKnightProperties.com and through our Facebook/Meetup Group Community - "Discovering Multifamily Investor Association". - Anthony Scandariato In this episode, Anthony shares his story and insights in successful scaling through establishing a solid mindset and habits to keep the momentum going. Join us and listen in! [00:01 - 06:46] Opening Segment Welcoming Anthony to the showAnthony talks about being an entrepreneurial bugAcknowledging barriers and overcoming challenges[06:47 - 21:24] Becoming Realistic towards True ProgressionFinding catalysts for motivation to unlock a high level Being realistic and building the momentum in the rental property businessEstablishing and enhancing systems through platforms[21:25 - 38:57] Keep the Momentum and Reach FreedomFacing your fears by preserving principlesKeep the momentum yet be cautious about riskSignificance of maintaining good physical and mental healthRecognizing priorities and the fulfillment in freedom[38:58 - 40:49] Closing SegmentHave gratitude and appreciation - do not be afraid to start smallConnect with Anthony!Closing wordsTweetable Quotes:“I think that's [being acquainted with higher level peers] what really motivated me to get my crap together, and get it together quick, I didn't want to live the rest of my life, not really knowing what I wanted to do, or just didn't really have a purpose. So I just started changing...and that just really, really helped shape my mindset.” - Anthony Scandariato“You just gotta keep building and the momentum will keep building over time.” - Anthony ScandariatoConnect with Anthony:LinkedIn: https://www.linkedin.com/in/anthonymscandariato/ LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes. Dreamcatchers is an inclusive organization that targets people's interest in being more instead of a certain demographic. We have people from all walks of life at many different ages. Find out more at www.dreamsshouldbereal.com. Find out more about Jerome at www.d3v3loping.com or www.myersmethods.com.

real scale momentum start small anthony scandariato red knight properties
Real Estate Investing Abundance
REIA 007 Anthony Scandariato: Achieve 40% Cash-on-Cash Returns

Real Estate Investing Abundance

Play Episode Listen Later Jun 21, 2021 32:44


Anthony Scandariato Achieve 40% Cash-on-Cash Returns Would you like to receive 40% leveraged cash-on-cash returns with the return of your investment capital within 36 months.  I know it sounds unbelievable but today we will be visiting with an accomplished general partner who actually delivered this to his investors.   Our guest, Anthony Scandariato, graduated Cum Laude with a bachelor's degree in Applied Economics and Management from Cornell University.  Prior to co-founding his company Red Knight Properties he was Acquisitions & Asset Manager Vice President for Visions Properties where he sourced, negotiated, and managed the acquisition of $594 million Class A office assets.  Show highlights: What has this last year been like for you in terms of acquisitions? What have you purchased? Take us through a case study of a recent acquisition. Where and how are you finding the deals in this overheated seller's market? From an economist's perspective where do you see the commercial real estate markets going in the next 12 months? Where are the deals likely to be found? What sectors are likely to be the big winners over the next 36 months? What sectors are you staying away from? Connect with Anthony: www.redknightproperties.com/

Strategic Multifamily Investing Podcast
014: Interview w/ Anthony Scandariato

Strategic Multifamily Investing Podcast

Play Episode Listen Later May 1, 2021 34:48


Prior to forming Red Knight Properties, Anthony Scandariato graduated from Cornell University with a Bachelor's degree in Applied Economics and Management, was a Co-Founder in Ridgeview Partners. He later moved on to Acquisitions & Asset Manager Vice President for Vision Properties, where he was directly involved and responsible for sourcing, negotiation, and managing the acquisition of $594MM of Class A office assets. Shortly after, he started Red Knight Properties, which is a boutique multi-family and mixed-use real estate investment & property management company with a track record of building portfolios that deliver dependable cash flow and equity upside in the tri-state area. === Podcast: http://anchor.fm/smip Website: http://www.RedBootLLC.com. Email: marketing@redbootllc.com LinkedIn: https://www.linkedin.com/company/red-boot-llc YouTube: https://www.youtube.com/channel/UCI40rTH_UAlaX9qPClfXzTQ Strategic Multifamily Investing Podcast (SMIP) is the journey of Red Boot LLC in building a team to strategically acquire, manage and sell exclusive real estate to increase it's client's personal wealth with competitive returns. With the focus on casual interviews and educational lessons, Jonathan Mickles seeks to help the listener build confidence that they can do the same thing. multifamily, apartment, investing, how-to, red, boot, residential, commercial, north carolina, nc, multifamily real estate investing 2020, real estate investing for beginners podcast --- Send in a voice message: https://anchor.fm/smip/message

co founders management bachelor shortly cornell university acquisitions applied economics anthony scandariato red knight properties vision properties
Mission Driven: Inspired Notable Conversations
Mission Driven | Ep 20 | Investing and Improving in Real Estate with Anthony Scandariato of Red Knight Properties

Mission Driven: Inspired Notable Conversations

Play Episode Listen Later Apr 5, 2021 22:24


Investing in anything can be a stressful experience. But how about investing in a large multi-family apartment complex in rural New Jersey several months before a global pandemic? Meet Anthony, co-founder of Red Knight Properties where they have quickly become growing leaders in their space. In this episode we talk about investing in real estate, improvements to your portfolio and property, and how different the future of real estate will be (or not). To reach Red Knight Properties: Website: https://redknightproperties.com/ Instagram: https://www.instagram.com/redknightproperties/ Facebook: https://www.facebook.com/redknightproperties LinkedIn: https://www.linkedin.com/company/red-knight-properties --- Support this podcast: https://anchor.fm/mdinc/support

The Real Estate Raw Show
The Real Estate Raw Show: What are some of the challenges with syndication with Anthony Scandariato

The Real Estate Raw Show

Play Episode Listen Later Mar 8, 2021 23:37


Prior to forming Red Knight Properties, Anthony Scandariato who graduated from Cornell University with a Bachelor's degree in Applied Economics and Management, was a Co-Founder in Ridgeview Partners. He specialized in the retail space with a vertical model that provided flexibility to serve multiple customer segments with similar product lines through retail, wholesale, and production contracting channels. He Acquired and developed growth of 110+ retailers within first-year operations. He later moved on to Acquisitions & Asset Manager Vice President for Vision Properties, where he was directly involved and responsible for sourcing, negotiation, and managing the acquisition of $594MM of Class A office assets. Courtesy and Credit: https://redknightproperties.com/​ About Joe: Mr. Mendoza has a long track record of success. 100's of millions of dollars of real estate transactions. Hundreds of people mentored, coached, and trained. He's been on television, radio, and multiple publications. Are you looking for a trusted advisor in real estate? Perhaps help to get to the next level in business or life? Joe is the MAN! Buy Joe's NEW book "Flex With A Plex" on Amazon: https://amzn.to/30VHBus​ Looking for a new broker, real estate company, brokerage? Join me and EXP Realty now! We are in ALL 50 states, Canada, Australia, and United Kingdom (UK) http://becomearepro.com/​ Add "Joe Mendoza" is my sponsor. Find the deals! http://findhiddendeals.com/​ Hire someone else to answer your phones! http://myvahack.com/​ Having trouble with your real estate calculations? http://bestdarncalculator.com/​ Need an app while looking for deals: http://letsdrivefordollars.com/​ Ready to make some calls to leads? (Caution: Use your discretion and be aware of local and federal laws) http://ineedphonenumbers.com/​ Keep watching, subscribe, or reach out to Mr. Mendoza today for a private consultation, training, or speaking engagements. Joe Mendoza - California Broker DRE #01234540​ Top Real Estate Pro, Coach, Investor, and Speaker 100 E. San Marcos Boulevard, Suite 400 San Marcos, CA 92069 Office (877) 794-5227 --- Support this podcast: https://anchor.fm/therealestaterawshow/support

How to Scale Commercial Real Estate
Investing in Workforce Housing with Anthony Scandariato

How to Scale Commercial Real Estate

Play Episode Listen Later Feb 9, 2021 17:50


Anthony Scadnariato is the Co-Founder and Owner of Red Knight Properties. He is a graduate of Cornell University with a Bachelor's degree in Applied Economics and Management and was also a Co-Founder of Ridgeview Partners.Previously, he was the acquisitions and asset manager for Vision properties, where he was directly involved and responsible for sourcing, negotiation, and managing the acquisition of $594MM of Class A office assets, but now he invests primarily in workforce housing.[00:01 – 02:15] Opening SegmentLet's get to know Anthony ScandariatoAnthony talks about his background and their company[02:16 – 11:17] Scaling Your BusinessAnthony talks about how he launched Red KnightWhy they scaled to bigger assetsThe changes that come with scaling their businessAnthony talks about the lessons he learned as he grew his teamHow they decide to invest in various asset classes[11:18 – 15:03] Workforce housingBuy and value-add 50s, 60s building and retain Workforce housing price rangeWhy investors tend to avoid workforce housing assetshealth and economic crisis due to COVID[15:04 – 17:50] Closing SegmentAnthony's advice to aspiring investorsDon't be afraid to find a partnerHow Anthony stays on top of his gameHis way to make the world a better placeHow to reach out to Anthony– links belowFinal words from Anthony and MeTweetable Quotes:“Scaling business is more of working on the business rather than in the business. It's more of delegating, building your team, and making sure everything gets done.” - Anthony Scandariato“If you're starting out, don't be afraid to find a partner.” - Anthony ScandariatoResources Mentioned: Cornell University------------------------------------------------------------------------------------------Connect with Anthony, visit http://redknightproperties.com/ or follow him on LinkedIn and Twitter. Connect with me:I love helping others place money outside of traditional investments that both diversify strategy and provide solid predictable returns.Call: 901-500-6191FacebookLinkedInLike, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in! Email me --> sam@brickeninvestmentgroup.com

How to Scale Commercial Real Estate
Investing in Workforce Housing with Anthony Scandariato

How to Scale Commercial Real Estate

Play Episode Listen Later Feb 9, 2021 18:12


Anthony Scadnariato is the Co-Founder and Owner of Red Knight Properties. He is a graduate of Cornell University with a Bachelor's degree in Applied Economics and Management and was also a Co-Founder of Ridgeview Partners.Previously, he was the acquisitions and asset manager for Vision properties, where he was directly involved and responsible for sourcing, negotiation, and managing the acquisition of $594MM of Class A office assets, but now he invests primarily in workforce housing.[00:01 – 02:15] Opening SegmentLet's get to know Anthony ScandariatoAnthony talks about his background and their company[02:16 – 11:17] Scaling Your BusinessAnthony talks about how he launched Red KnightWhy they scaled to bigger assetsThe changes that come with scaling their businessAnthony talks about the lessons he learned as he grew his teamHow they decide to invest in various asset classes[11:18 – 15:03] Workforce housingBuy and value-add 50s, 60s building and retain Workforce housing price rangeWhy investors tend to avoid workforce housing assetshealth and economic crisis due to COVID[15:04 – 17:50] Closing SegmentAnthony's advice to aspiring investorsDon't be afraid to find a partnerHow Anthony stays on top of his gameHis way to make the world a better placeHow to reach out to Anthony– links belowFinal words from Anthony and MeTweetable Quotes:“Scaling business is more of working on the business rather than in the business. It's more of delegating, building your team, and making sure everything gets done.” - Anthony Scandariato“If you're starting out, don't be afraid to find a partner.” - Anthony ScandariatoResources Mentioned: Cornell University------------------------------------------------------------------------------------------Connect with Anthony, visit http://redknightproperties.com/ or follow him on LinkedIn and Twitter. Connect with me:I love helping others place money outside of traditional investments that both diversify strategy and provide solid predictable returns.Call: 901-500-6191FacebookLinkedInLike, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in! Email me --> sam@brickeninvestmentgroup.com

Elevating Property Management
ANTHONY SCANDARIATO - How to Invest And Manage Multifamily Properties | EPM #2

Elevating Property Management

Play Episode Listen Later Dec 18, 2020 26:40


Anthony is the co-founder of Red Knight Properties, which is a multifamily syndication firm. He is vertically integrated doing both investing and property management at the same time. Anthony graduated from Cornell University with a Bachelor's degree in Applied Economics and Management, was a Co-Founder of Ridgeview Partners. He specialized in the retail space with a vertical model that provided flexibility to serve multiple customer segments with similar product lines through retail, wholesale, and production contracting channels. He Acquired and developed growth of 110+ retailers within first-year operations. He later moved on to Acquisitions & Asset Manager Vice President for Vision Properties, where he was directly involved and responsible for sourcing, negotiating, and managing the acquisition of $594MM of Class A office assets. Connect with Anthony: YouTube: https://www.youtube.com/channel/UChvn3ruK6_OAY0RG5Y8LgIQ Twitter: https://twitter.com/redknightprop LinkedIn: https://www.linkedin.com/company/red-knight-properties Facebook: https://www.facebook.com/redknightproperties Instagram: https://www.instagram.com/redknightproperties/ Visit: https://redknightproperties.co --- Send in a voice message: https://anchor.fm/elevatingpm/message

Wealth Builders Real Estate Investing Podcast
Mixed-Use Real Estate - With Anthony Scandariato

Wealth Builders Real Estate Investing Podcast

Play Episode Listen Later Nov 26, 2020 27:32


Anthony Scandariato Bio: Prior to forming Red Knight Properties, Anthony, graduated from Cornell University, was a Co-Founder in Ridgeview Partners. He specialized in the retail space with a vertical model that provided flexibility to serve multiple customer segments with similar product lines through retail, wholesale, and production contracting channels. He Acquired and developed growth of 110+ retailers within first-year operations. He later moved on to Acquisitions & Asset Manager Vice President for Vision Properties, where he was directly involved and responsible for sourcing, negotiation, and managing the acquisition of $594MM of Class A office assets. Key Insights: - conducting due diligence on mixed-use properties - keys to underwriting mixed-use properties - how to add value to mixed-use properties - keys to being an effective asset manager Book Recommendations: Rich Dad Poor Dad - Robert Kiyosaki Contact Information: Website: redknightproperties.com

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Robnett's Real Estate Run Down
Some of the best advice for start up in Real Estate

Robnett's Real Estate Run Down

Play Episode Listen Later Sep 17, 2020 29:02


New to real estate? Check out this podcast for some of the best advice from Anthony Scandariato. He is the Co-Founder and Managing Principal at Red Knight Properties. Red Knight Properties is a boutique multi-family and mixed-use real estate investment & property management company with a track record of building portfolios that deliver dependable cash flow and equity upside. Prior to forming Red Knight Properties Scandariato who graduated from Cornell University with a Bachelor's degree in Applied Economics and Management, was a Co-Founder in Ridgeview Partners. He specialized in the retail space with a vertical model that provided flexibility to serve multiple customer segments with similar product lines through retail, wholesale, and production contracting channels.

Creek Side Chats With Successful Real Estate Investors
CSC 49 Anthony Scandariato: Real Estate Investing as an Avenue to Help Others

Creek Side Chats With Successful Real Estate Investors

Play Episode Listen Later Aug 17, 2020 20:19


Prior to forming Red Knight Properties, Anthony Scandariato who graduated from Cornell University with a Bachelor's degree in Applied Economics and Management, was a Co-Founder in Ridgeview Partners. He specialized in the retail space with a vertical model that provided flexibility to serve multiple customer segments with similar product lines through retail, wholesale, and production contracting channels. He Acquired and developed growth of 110+ retailers within first-year operations. He later moved on to Acquisitions & Asset Manager Vice President for Vision Properties, where he was directly involved and responsible for sourcing, negotiation, and managing the acquisition of $594MM of Class A office assets. Website: https://redknightproperties.com/  _________________________________ Want to appear on our podcast?  Contact Us Learn how you can passively put your hard earned money to work for you through multifamily syndication:  Steed Talker Capital Connect with Us: Facebook Twitter Linkedin Instagram Youtube

The Morning Spotlight with Mike Ham
Multifamily Real Estate

The Morning Spotlight with Mike Ham

Play Episode Listen Later Aug 11, 2020 43:31


Host Mike Ham discusses multifamily real estate projects with Anthony Scandariato of Red Knight Properties and the co-host of the "Discovering Multifamily" Podcast, Greg Bazzani of Panepinto Properties, and Eddie Ishay of The Ishay Group. Discussion topics include: working with municipalities, new development projects, rent collections, financing deals, and more!  Anthony Scandariato - Red Knight Properties a.scandariato@redknightproperties.com redknightproperties.com Gregg Bazzani - Panepinto Properties gbazzani@panprop.com  973-714-2715 panepintodevelopment.com Eddie Ishay - The Ishay Group eddie@theishaygroup.com  917-886-9650 theishaygroup.com Follow us on Instagram: @TheMorningSpotlight Email us at: themorningspotlight@gmail.com www.themorningspotlight.com

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Landlord Studio Podcast
Why I Invest In Multi-Family Syndication – Anthony Scandariato (EP 2.)

Landlord Studio Podcast

Play Episode Listen Later Jun 11, 2020 16:28


In today's episode, we interview Anthony Scandariato about the main reasons why he likes Multi-Family Syndication investments to build a passive income and long term wealth. Red Knight Properties is a boutique multi-family and mixed-use real estate investment & property management company with a track record of building portfolios that deliver dependable cash flow and equity upside. By pooling our capital together, along with a select group of other investors, we can offer nimble capital for real estate equity investments. Learn more here ➜ https://www.redknightproperties.com – LANDLORD STUDIO – Use Landlord Studio's property management software to save time, and reduce stress while managing your properties. Effortless rent and expense tracking. Learn more here ➜ https://www.landlordstudio.com

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The Greg Dickerson Show
Discovering Multifamily Episode 17 How To 10X Your Business & Life With Red Knight Properties

The Greg Dickerson Show

Play Episode Listen Later May 16, 2020 30:30


Recently I was interview by Red Knight Properties on the Discovering Multifamily podcast, where we talked through how to 10X your business rapidly. Particularly, how to do so in your real estate business. Whenever you're ready to grow and scale your business, learn how to raise more capital and do bigger deals here's how I can help you. One on one coaching directly with Greg https://www.dickersoninternational.com Interactive online training, education and mastermind program https://www.dickersoninternational.com/courses ⬇️Subscribe to my YouTube channel here⬇️ https://www.youtube.com/user/agregdickerson ⬇️Subscribe to my Podcast here⬇️ https://podcasts.apple.com/us/podcast/the-greg-dickerson-show/id1471436807?ign-mpt=uo%3D4 ------ Check out “The Greg Dickerson Show” Podcast on iTunes: https://podcasts.apple.com/us/podcast/the-greg-dickerson-show/id1471436807?ign-mpt=uo%3D4 ------ Greg is a serial entrepreneur, real estate developer, coach, and mentor. He has bought, developed and sold over $250 million in real estate, built and renovated hundreds of custom homes and commercial buildings, developed residential and mixed-use subdivisions and started 12 different companies from the ground up. Greg currently mentors some of the top entrepreneurs, real estate investors and real estate developers in the country helping them grow and scale their business, raise more capital and do bigger deals. Greg's current clients have over $2 billion in AUM and deals in the process. ------ Follow and reach out to me on: Instagram: https://www.instagram.com/thegregdickerson/ Facebook: https://www.facebook.com/pg/thegregdickerson/ Twitter: https://twitter.com/agregdickerson LinkedIn: https://www.linkedin.com/in/agregdickerson/ Website: https://www.dickersoninternational.com/ Email: greg@dickersoninternational.com ------ Thank you for watching, please Like & Share. https://youtu.be/cPXXC-UxcF0 ------ #realestate #realestateinvesting #realestatedevelopment #houseflipping #apartmentsyndication #realestatesyndication #entrepreneurship #business --- Support this podcast: https://anchor.fm/greg-dickerson/support

The DJE Podcast - Real Estate Investing with Devin Elder
DJE Podcast #058 with Anthony Scandariato

The DJE Podcast - Real Estate Investing with Devin Elder

Play Episode Listen Later Mar 19, 2020 26:27


Anthony Scandariato, co-founder of Red Knight Properties, joins us to discuss his journey from W-2 employee to buying, repositioning, and managing multifamily and mixed use investment projects in New Jersey. Connect with Anthony at https://redknightproperties.com/

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The Capital Raiser Show
Red Knight Properties (Preview) Scaling into Multifamily Syndication in New Jersey

The Capital Raiser Show

Play Episode Listen Later Mar 18, 2020 2:03


Brian Leonard and Anthony Scandariato walk us through the formation of their successful partnership. One was a retired football player and the other was a scaling real estate investor. Together they started with smaller multifamily properties, they learned how to reposition units, do property management, investor communications, market analysis and within a few years they have scaled into multifamily syndication by networking, learning, working hard and raising capital. visit redknightproperties.com

The Capital Raiser Show
CRS48 Red Knight Properties Scaling into Multifamily Syndication in New Jersey

The Capital Raiser Show

Play Episode Listen Later Mar 18, 2020 43:40


Brian Leonard and Anthony Scandariato walk us through the formation of their successful partnership. One was a retired football player and the other was a scaling real estate investor. Together they started with smaller multifamily properties, they learned how to reposition units, do property management, investor communications, market analysis and within a few years they have scaled into multifamily syndication by networking, learning, working hard and raising capital. visit redknightproperties.com

The Real Estate Syndication Show
WS419: Relationships and Reputation in Real Estate with Anthony Scandariato & Brian Leonard

The Real Estate Syndication Show

Play Episode Listen Later Dec 14, 2019 26:01


From a successful NFL career to one in real estate syndication, Brian Leonard joins us to talk us through this transition and how he carved out a niche for himself in the industry. Together with our other guest on the show, Anthony Scandariato, Brian founded Red Knight Properties, a boutique multi-family, and mixed-use real estate investment company. In today's episode, you'll learn how the two of them became partners, what their different roles entail, how they acquired their first property and all the reasons why they have chosen to manage their own properties rather than hiring a third party to perform this function. 

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Multifamily Live
Ep. 403: From Football to Financial Independence with Brian Leonard and Anthony Scandariato

Multifamily Live

Play Episode Listen Later Oct 13, 2019 30:23


Click Here To Listen Full Episode of the Podcast  Brian Leonard and Anthony Scandariato are the co-founders and managing principals of Red Knight Properties. Red Knight Properties is a boutique multi-family and mixed-use real estate investment company with a track record of building portfolios that deliver dependable cash flow and equity upside. By pooling our capital together, along with a select group of other investors via syndications and joint ventures, we can offer nimble capital for value-add real estate equity investments.  Red Knight Properties currently has 65 apartment & retail units under management/ownership in Northern New Jersey and is under contract for an additional 74, totaling 139 units acquired in less than a year. Red Knight Properties also owns and manages in Orange County, New York.  Prior to forming Red Knight Properties, Anthony Scandariato who graduated from Cornell University with a Bachelor's degree in Applied Economics and Management, worked as an Acquisitions & Asset Manager Vice President for Vision Properties, where he was directly involved and responsible for sourcing, negotiation, and managing the acquisition of $600MM+ of Class A office assets. Brian Leonard graduated from Rutgers University with a bachelor's degree from the School of Management and Labor Relations. He also played football for the Scarlet Knights, where he managed to win two national football awards in 2006. He was later drafted by the St. Louis Rams in the second round and went on to play 8 years as running-back in the NFL.  Learn more about Anthony and Brian: www.redknightproperties.com  Go to www.yarusiholdings.com   for more info and free giveaways! -------------------------- Investing for Lifestyle and Legacy: https://lnkd.in/gmu8-BR For Those Who Are Serious About Buying Large Multifamily: https://lnkd.in/g__DBpu   -------------------------- Subscribe To Us On YouTube: http://bit.ly/2ONsX56   Subscribe To Us on Libsyn: http://bit.ly/2JV7Xnc   Rate This on iTunes: https://apple.co/2Xp8cjU   Podcast on YouTube: https://youtu.be/XunoU7iPyvo See acast.com/privacy for privacy and opt-out information.