Podcast appearances and mentions of Samuel K Freshman

In this episode, Paul speaks to Jeff Lerman about Joint Ventures. They go in-depth about the role of the Real Estate Attorney, the basics of joint ventures and how they differ from syndications, things to be aware of when putting together a joint venture partnership, and more. About our guest:Jeff is a Co-Funder and Managing Partner at Lerman Law Partners, LLP, a California Real Estate and Estate Planning Law firm focused on investors. He handles acquisitions and sales, entity formation, syndication, commercial leases, loan documents, construction documents, loan work-outs, and litigation involving each of these areas as well as unfair business practices litigation.Jeff's LinkedIn: https://www.linkedin.com/in/realestateinvestorlaw/ Jeff's articles:“17 Steps To A Successful Joint Venture”: https://www.realestateinvestorlaw.com/wp-content/uploads/sites/1102721/2019/08/17-Steps-to-A-Successful-Joint-Venture-FINAL.pdf “12 Warning Signs You're Headed for a Lawsuit with your Partner”: https://www.realestateinvestorlaw.com/blog/2019/06/12-warning-signs-youre-headed-for-a-lawsuit-with-your-partner-part-1/ Book recommendations:"Principles of Real Estate Syndication" by Samuel K. Freshman: https://www.amazon.com/dp/B00QNZSTD6/ref=cm_sw_r_tw_dp_BJYP1PZJKWF2QNWDSSMJ Disclaimer: This real estate podcast is for informational and educational purposes only, and does not imply suitability. The views and opinions expressed by the presenters are their own. The information is not intended as investment advice.For any inquiries or comments, you can reach us as info@indepthrealestate.com.

For today's episode, I'm excited to welcome real estate investor, developer, and founder of LiveFree Investments, Logan Freeman. He has found his niche in the industry acting as an investment property specialist, actually representing buyers instead of sellers in the transaction process. Completing over 120 transactions in less than a year, Logan relies on his established processes and priorities to guide his profit-producing activities. He continually invests in himself so that he can provide great value to his investors, making sure to pivot and listen to what the market is providing. Logan is also the host of the LiveFree Investors Podcast where he interviews business owners and investors from around the country. Logan first shares his background story with us. He finds his home town to have more of a fixed mindset and says he's always had a growth mindset. He believes this fixed mindset was ingrained in him because of two reasons, which he is still reflecting on. His mother worked two jobs to provide for their family. And that was one reason he thinks that even though she's not really a growth mindset type of person, she did what she had to do. And then the second one is that his dad, from an early age, instilled in him the feeling that you can do whatever you want to, but you have to set your mind to it. Logan talks about the menial jobs he had when he was a teenager and the lessons they taught him. He also talks about the role that playing sports had in his life. He had the awesome opportunity to play football both in college and in the NFL, and he shared the difficulties related to this, but also how it shaped who he would become. In the course of a six month period, he got cut from the NFL, was no longer an athlete and had to find his identity, lost 120 pounds, went back to school while working full-time, and he lost his father after a long battle with drug and alcohol addiction. It was a very tumultuous period for Logan, but really formed his journey forward. Logan shares how he completed his first live-in flip in 2013. He discusses the different ways he found the money to finance his real estate deals and how he expanded into the multifamily market. Logan also discusses more creative financing options such as a Delaware Statutory Trust Structure (DST). We also talked about affordable housing and how Logan uses it for his business. Logan takes the time to explain the concept of syndication to our listeners. Logan's favorite book on this topic is Principles of Real Estate Syndication by Samuel K. Freshman. He calls it “the textbook for syndication” and he tells us how it helped him immensely in building the sector of his business. Logan talks about the different ways that his company, Live Free Investments, works with investors in the Kansas City area. They act as a broker with their clients, placing the tenants, managing the property, and providing visibility into any rehab work that needs to be done. They also are involved in equity syndications, sourcing investment opportunities to investors which allow them to be part of an asset class they may not have otherwise been able to invest in. Don't miss this incredibly honest and informative conversation with businessman and podcaster, Logan Freeman! Make today the day you become a faithful listener of the Just Start Real Estate Podcast as we provide you with insight into actionable real estate investing and business development wisdom! Notable Quotes: “What I learned as I was going through collegiate sports was that you get to affect your results and you are impacted by the decisions and the choices that you make.” Logan Freeman “I'm a big believer that I can't sell or be a part of something I don't believe in.” Logan Freeman “There are certain types of investors and there's a big difference between active and passive investors.” Logan Freeman “I created what I call a capital raising machine. It all starts with reputation, leadership, and visibility. ” Logan Freeman “I have built a massive following of over 10.5K people on LinkedIn that engage with me on a regular basis.” Logan Freeman “It's my job as a real estate broker to build relationships with sellers.” Logan Freeman “People want to understand who you are. People invest in a person, not necessarily a brand unless you are Apple or something.” Logan Freeman Links: Logan's Website Logan's Instagram Logan's Twitter Logan's LinkedIn Logan's Facebook Principles of Real Estate Syndication 7 Figure Flipping Return on Investments Just Start Real Estate JSRE on Facebook Mike on Facebook Mike on Instagram Mike on LinkedIn Mike on Twitter Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months

For today’s episode, I’m excited to welcome real estate investor, developer, and founder of LiveFree Investments, Logan Freeman. He has found his niche in the industry acting as an investment property specialist, actually representing buyers instead of sellers in the transaction process. Completing over 120 transactions in less than a year, Logan relies on his established processes and priorities to guide his profit-producing activities. He continually invests in himself so that he can provide great value to his investors, making sure to pivot and listen to what the market is providing. Logan is also the host of the LiveFree Investors Podcast where he interviews business owners and investors from around the country.    Logan first shares his background story with us. He finds his home town to have more of a fixed mindset and says he’s always had a growth mindset. He believes this fixed mindset was ingrained in him because of two reasons, which he is still reflecting on. His mother worked two jobs to provide for their family. And that was one reason he thinks that even though she's not really a growth mindset type of person, she did what she had to do. And then the second one is that his dad, from an early age, instilled in him the feeling that you can do whatever you want to, but you have to set your mind to it.   Logan talks about the menial jobs he had when he was a teenager and the lessons they taught him. He also talks about the role that playing sports had in his life. He had the awesome opportunity to play football both in college and in the NFL, and he shared the difficulties related to this, but also how it shaped who he would become. In the course of a six month period, he got cut from the NFL, was no longer an athlete and had to find his identity, lost 120 pounds, went back to school while working full-time, and he lost his father after a long battle with drug and alcohol addiction. It was a very tumultuous period for Logan, but really formed his journey forward.   Logan shares how he completed his first live-in flip in 2013. He discusses the different ways he found the money to finance his real estate deals and how he expanded into the multifamily market. Logan also discusses more creative financing options such as a Delaware Statutory Trust Structure (DST). We also talked about affordable housing and how Logan uses it for his business.    Logan takes the time to explain the concept of syndication to our listeners. Logan’s favorite book on this topic is Principles of Real Estate Syndication by Samuel K. Freshman. He calls it “the textbook for syndication” and he tells us how it helped him immensely in building the sector of his business. Logan talks about the different ways that his company, Live Free Investments, works with investors in the Kansas City area. They act as a broker with their clients, placing the tenants, managing the property, and providing visibility into any rehab work that needs to be done. They also are involved in equity syndications, sourcing investment opportunities to investors which allow them to be part of an asset class they may not have otherwise been able to invest in.   Don’t miss this incredibly honest and informative conversation with businessman and podcaster, Logan Freeman! Make today the day you become a faithful listener of the Just Start Real Estate Podcast as we provide you with insight into actionable real estate investing and business development wisdom! Notable Quotes:   “What I learned as I was going through collegiate sports was that you get to affect your results and you are impacted by the decisions and the choices that you make.” Logan Freeman   “I'm a big believer that I can't sell or be a part of something I don't believe in.” Logan Freeman   “There are certain types of investors and there's a big difference between active and passive investors.” Logan Freeman   “I created what I call a capital raising machine. It all starts with reputation, leadership, and visibility. ” Logan Freeman   “I have built a massive following of over 10.5K people on LinkedIn that engage with me on a regular basis.” Logan Freeman   “It's my job as a real estate broker to build relationships with sellers.” Logan Freeman   “People want to understand who you are. People invest in a person, not necessarily a brand unless you are Apple or something.” Logan Freeman Links: Logan’s Website  Logan’s Instagram Logan’s Twitter  Logan’s LinkedIn  Logan’s Facebook  Principles of Real Estate Syndication 7 Figure Flipping Return on Investments Just Start Real Estate JSRE on Facebook Mike on Facebook Mike on Instagram Mike on LinkedIn Mike on Twitter Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months  

Samuel K. Freshman, is Board Chairman of Standard Management Company which performs real estate acquisitions, bridge finance, and property management. Active in real estate investment for 60 years as an attorney and investor. He has been an expert witness in real estate, legal matters, finance, lecturer at the Stanford Law and Business Schools, chairman of a bank, title company, and a theatre exhibitor. Chairman Emeritus Stanford Professionals in Real Estate (SPIRE). Author of books and over 20 published articles, Mr. Freshman is working on a series on saving entitled "The Smartest Way to Save," "The Smartest Way to Save More," and “The Smartest Way to Save Big” about becoming rich on a modest income. Sam received a Stanford BA (Pre-Legal, (1954) and a JD (1956).    He speaks with us about syndication, scale and cap rates.   sfreshman@standardmanagement.com   The Rundown Principals of Real Estate Syndication Getting Started in RE 1957 Real Estate License Bar Exam Jacob Stern Private Practice Leaving Law Expert Witness Syndication Cap Rate Early Mistakes Buy & Hold The Advantage of Scale Investor Relations Property Management Borrowing Recessions Selling A Property Flip Model Average Growth Compound Interest Pros & Cons Doing the Math Savings on Scale Leverage Depreciation Pool Market Cycle Extra Innings Compressed Rates Student Debt Coronavirus Bridge Lending Find A Partner Raising Money Skin In The Game Habits For Success Marketing Discipline Due Diligence Fees Book Recommendations Always Ask   Check out our Upcoming Live Events!   Subscribe to our Youtube Channel for lots of great content!   Buy our new book The Honey Bee! Audio Book Available Now!

What is stopping you from achieving financial freedom through apartment building investing? Is it because you don't have single-family experience? Are you intimidated by the perceived complexity of the multi-family space? Or maybe you think you don't have enough money to consider pursuing multi-family deals? Today's guest has encountered and overcome all of these limiting beliefs, and today he reveals how to get out of your own way and get on the road to financial freedom. Tyler Sheff is the founder of CashFlowGuys.com and the host of the Cash Flow Guys Podcast. He was making six figures as a merchant mariner when he and his wife took a hard look at their future. Tyler didn't want to wait until he was 65 to enjoy life, so he took compensatory time and gave himself six months see if real estate investing would prove viable and provide the cashflow necessary to attain financial freedom. In just 11 months, Tyler had replaced his income. At that point, he had invested in 26 units in Florida and Tennessee – using none of his own money. Now he leverages his 17 years of experience to demystify the real estate investing space, encouraging others to focus on cashflow and take massive action toward their goals. Today, Tyler shares his journey, explaining how he landed his first few multi-family deals, why single-family experience is unnecessary in the apartment building space, and how he employs relationship marketing to raise capital. Listen in as he unpacks each of the limiting beliefs that held him back and reveals how to overcome ‘analysis paralysis' and move forward with your dreams of building passive income and escaping the rat race. Key Takeaways  [2:55] How Tyler got started in real estate Desire to ‘get rich quick' Made money as house flipper Sold portfolio before market crash Acquired huge tax bill Went to work for government as merchant mariner Climbed ranks to six-figure salary [4:32] Why Tyler returned to real estate Way to legally, ethically avoid taxation Focus on cashflow this time (not appreciation) Job on ship kept away from family Not feasible to continue for 20 years (physical toll) Wanted better quality of life, time on hands [8:08] Tyler's experience as a landlord ‘Accidental landlord' in late ‘90's to maximize returns on sales of fix and flips Got into multi-family in 2014 to scale quickly [9:10] Tyler's first multi-family deal Pre-approved for VA mortgage ‘For Rent' sign on four-plex Paid zero down, received check for $1700 at closing Moved into one unit, rented other three Rehabbed quickly Cashflow right away Converted one unit to vacation rental Cashflow increased from $1,200 to $5,000/month  [12:12] Tyler's next two deals Learned to raise capital (Secrets of Successful Syndication seminar, Sam Freshman book) Built team, cut teeth on ten- and 12-plex in Memphis Tennessee known for cashflow (not organic appreciation) ‘Overimproved,' didn't see anticipated ROI Learned to analyze needs of tenants Brought to total of 26 units in 11 months Capital raised through IRA lenders Tyler able to quit government job [17:22] The limiting beliefs that held Tyler back Analysis paralysis (first deal so good, couldn't stop comparing) Fear of making mistakes was crippling [19:22] Why single-family experience is unnecessary to enter the multi-family space ‘Almost better off with no experience' Tyler feels single-family background made him too conservative [21:49] How Tyler achieved multi-family deals without using any of his own money Partnered with experienced property management company Enlisted exceptional legal and accounting teams Experience of team led to capital (didn't matter that Tyler was inexperienced) [23:05] How Tyler leveraged ‘relationship marketing' to raise capital Started podcast, Cashflow 101 workshops Positioning self as expert led to referrals Matched investors with experienced syndicators Learned from those syndicators (willing to help) [24:44] Why the complexity of multi-family is a limiting belief Same as single-family, just larger scale (only one roof) Tyler contends apartments are easier to work with Many moving parts, must be able to manage others effectively [25:50] The importance of Tyler's first deal Critical in realizing he could do this Second and third deals built confidence as he encountered and overcame problems [26:56] How Tyler's life has changed Doesn't have to ‘hunt' for next check as buy and hold investor Receives mailbox money each month Continues to attract capital, source opportunities Time available to educate others with free content Freedom to spend time with family [29:51] Tyler's perfect day Watch sunrise in kayak Fish all morning Work on podcast, instructional video in afternoon Help others attain same kind of financial freedom [30:27] Tyler's advice for aspiring multi-family investors What do you have to lose? Only tangible thing is time Educate yourself and take action [31:02] How Tyler wants to be remembered As change-maker who ‘made difficult stuff simple' Connect with Tyler Cash Flow Guys Tyler's YouTube Channel Resources Secrets of Successful Syndication Principles of Real Estate Syndication by Samuel K. Freshman Free eBook: The Secret to Raising Money to Buy Your First Apartment Building