Podcasts about selling apartment buildings

About the guest: Colby Fryar is the principal at Mountain Bridge Capital, a multifamily real estate investment firm. With a background in engineering, Colby holds bachelor's and master's degrees in the field. Their goal is to assist as many individuals as possible, whether or not they invest in their deals. This philosophy extends to their meetups and daily interactions.   Books recommended by Colby Fryar: The Complete Guide to Buying and Selling Apartment Buildings - https://www.amazon.com/Complete-Buying-Selling-Apartment-Buildings/dp/0471684058    Podcast he recommends: Real Estate Strategies with Ken McElroy - https://kenmcelroy.com/podcast/ The Money Monday's Podcast - https://podcasts.apple.com/us/podcast/the-money-mondays/id1664983297    Relevant Links: www.mountainbridgecapital.com https://www.facebook.com/colby.fryar https://www.linkedin.com/in/colby-fryar-295083208/   About Ray Hightower: Ray Hightower is a tech company founder and commercial real estate investor based in Phoenix, Arizona, USA. He serves as CEO of Bridgetown Partners, the creator of ROIClear.   https://ROIClear.com https://BridgetownPartners.com https://RayHightower.com   #ROIClear #Entrepreneurship​ #Business #RealEstate   Note: ROI Clear is written without spaces: ROIClear.

Welcome to The Real Estate InvestHER Show! In this episode, they have a special guest, Leigh Leite. Leigh is the Founder of Twenty-Five Eight Capital, a real estate investment company focused on multifamily syndications. Leigh has over 6 years of experience flipping over 150 homes and building a value-add single-family home rental portfolio and has recently transitioned to the multifamily space. As GP, she acquired $25 million in multifamily assets in 2022. In addition to her real estate experience, Leigh is also a physician assistant and has been practicing for 12 years. She has left her full-time job to pursue real estate full-time and enjoy time with her family in Virginia Beach, where she is raising her two children, Lillian and Xander. Leigh is passionate about helping others achieve financial freedom.   Leigh shares her journey in real estate investing and how she retired from her career in medicine by the time her daughter started kindergarten. She also talks about her experience in buying and flipping over 150 homes, as well as a 62-unit apartment building that she and her team renovated and increased the rent on. She emphasizes the importance of finding properties and adding value to them, rather than just raising the rent without any improvements. Leigh also discusses the importance of building relationships and networking, as well as sharing your "street cred" or credibility in the industry. Leigh advises listeners to be succinct, and upfront about their business and experiences, and use numbers to back up their accomplishments. In the future, Leigh is planning on spreading the education about real estate investing to other busy working professionals and starting syndications to allow her family, friends, and colleagues to invest as limited partners in large assets.   Ladies, this episode was full of valuable insights and strategies for finding success in the multi-family real estate market. Whether you're an experienced investor or just starting out, Leigh has shared some expert advice that you can put into action right away.   Quotes   ·        “If I had built my team and sought resources like coaches and mentors from the start, I think I would have gotten to where I am today even faster.” (07:33 – 07:53) ·        “What's most important to me is time. It is my time to spend with the people that I love. It is my time to do activities that I enjoy. It is my time to even take care of my health." (09:34 - 09:45) ·        "We aimed to generate passive income and replace our W2 jobs. We flipped houses to build our portfolio and eventually transitioned to multi-family properties for faster growth. The flip market has slowed due to current conditions, but we are fortunate to have made the transition. (17:05 - 18:11) ·        “The crowd is less busy for the properties that [we] speak about. And I think in an economy we're in, in any economy, you have to keep asking the question, how do we observe what everyone else is doing? And do the opposite.” (21:47 - 22:07) ·        "Everyone has something to share. Everyone has street cred. Don't dismiss your street cred. Even if you've only done two deals, we can look at those numbers and highlight the positive aspects.” (31:33 - 31:47) ·        “Whether you are an active or a passive investor, if you don't speak the language of real estate, you are going to be in trouble.” (40:00 - 40:09)   Connect with Leigh: LinkedIn: https://www.linkedin.com/in/leigh-leite-bb09181bb Website: https://258cap.com/about/ Instagram: https://www.instagram.com/25_8cap/?hl=en Facebook: https://www.facebook.com/profile.php?id=100064348291381   Resources Mentioned:   ·        Rich Dad, Poor Dad by Sharon Lechter and Robert Kiyosaki ·        The 4-Hour Workweek by Timothy Ferriss ·        The Complete Guide to Buying and Selling Apartment Buildings by Steve Berges Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to The Real Estate InvestHER Show! In this episode, they have a special guest, Leigh Leite. Leigh is the Founder of Twenty-Five Eight Capital, a real estate investment company focused on multifamily syndications. Leigh has over 6 years of experience flipping over 150 homes and building a value-add single-family home rental portfolio and has recently transitioned to the multifamily space. As GP, she acquired $25 million in multifamily assets in 2022. In addition to her real estate experience, Leigh is also a physician assistant and has been practicing for 12 years. She has left her full-time job to pursue real estate full-time and enjoy time with her family in Virginia Beach, where she is raising her two children, Lillian and Xander. Leigh is passionate about helping others achieve financial freedom. Leigh shares her journey in real estate investing and how she retired from her career in medicine by the time her daughter started kindergarten. She also talks about her experience in buying and flipping over 150 homes, as well as a 62-unit apartment building that she and her team renovated and increased the rent on. She emphasizes the importance of finding properties and adding value to them, rather than just raising the rent without any improvements. Leigh also discusses the importance of building relationships and networking, as well as sharing your "street cred" or credibility in the industry. Leigh advises listeners to be succinct, and upfront about their business and experiences, and use numbers to back up their accomplishments. In the future, Leigh is planning on spreading the education about real estate investing to other busy working professionals and starting syndications to allow her family, friends, and colleagues to invest as limited partners in large assets. Ladies, this episode was full of valuable insights and strategies for finding success in the multi-family real estate market. Whether you're an experienced investor or just starting out, Leigh has shared some expert advice that you can put into action right away. Quotes · “If I had built my team and sought resources like coaches and mentors from the start, I think I would have gotten to where I am today even faster.” (07:33 – 07:53)· “What's most important to me is time. It is my time to spend with the people that I love. It is my time to do activities that I enjoy. It is my time to even take care of my health." (09:34 - 09:45)· "We aimed to generate passive income and replace our W2 jobs. We flipped houses to build our portfolio and eventually transitioned to multi-family properties for faster growth. The flip market has slowed due to current conditions, but we are fortunate to have made the transition. (17:05 - 18:11)· “The crowd is less busy for the properties that [we] speak about. And I think in an economy we're in, in any economy, you have to keep asking the question, how do we observe what everyone else is doing? And do the opposite.” (21:47 - 22:07)· "Everyone has something to share. Everyone has street cred. Don't dismiss your street cred. Even if you've only done two deals, we can look at those numbers and highlight the positive aspects.” (31:33 - 31:47)· “Whether you are an active or a passive investor, if you don't speak the language of real estate, you are going to be in trouble.” (40:00 - 40:09) Connect with Leigh:LinkedIn: https://www.linkedin.com/in/leigh-leite-bb09181bbWebsite: https://258cap.com/about/Instagram: https://www.instagram.com/25_8cap/?hl=enFacebook: https://www.facebook.com/profile.php?id=100064348291381 Resources Mentioned: · Rich Dad, Poor Dad by Sharon Lechter and Robert Kiyosaki· The 4-Hour Workweek by Timothy Ferriss· The Complete Guide to Buying and Selling Apartment Buildings by Steve Berges How To Join the InvestHER Movement  1) InvestHER CON 2023 HOLIDAY EDITION!*Get a ticket to IC2023 and receive access to the 2022 recordings immediately!· How to spot a good deal from a bad deal? - Kim Kiyosaki + HANDOUT· Why 10x Is Easier Than 2x - Shannon Waller + HANDOUT· And much MORE! Here is what you can expect at InvestHER CON 2023:· Pre-event network· 2 Full days of transformational experiences· Access to over 20 Sessions with Keynotes and Speakers· Recordings from all sessions· Access to investors, mentors, and influencers· Mindful networking· Opportunities to connect with our sponsors + vendors· Coffee and Lunch included· Final Reception: Red Party· Live 30-day Group Accountability Virtual Session with the Founders Liz and Andresa· Exclusive Breakfast for STRIVE members only."InvestHer CON was truly a transformative experience. I have felt so alone for so long and now I feel like a have a community of support. I don't have to be the master of everything and take it all on my shoulders, I just have to do what I am excellent at." Heather Giammichele We reserved the entire resort for us! Join us in Scottsdale, Arizona, May 18-19. Get your ticket today! https://www.therealestateinvesther.com/investhercon *Promotion ends on Dec 31st at midnight EST 2) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses, and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves. Subscribe via:· Apple Itunes · Spotify· Amazon Music· Android · Stitcher 3) The Real Estate InvestHER Membership STRIVE A membership for highly ambitious and decisive Real Estate investors looking to build generational wealth on their own terms. Are you ready to...· Grow your Real Estate portfolio on your own terms.· Make deeper relationships with successful women playing at the same level· Build a reliable team and leave solopreneurship behind· Implement processes and systems that will allow you to scale your businessSTRIVE is for you! APPLY today at https://www.therealestateinvesther.com/membership*We only open the doors twice yearly (Dec and May). 4) InvestHER Community on Facebook We have thousands of members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals! 5) InvestHER Meetups Around the Globe We have Investher Meetup members attending in-person meetings across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! 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John Warren is the President at Forte Properties, Inc., a top-performing real estate brokerage that specializes in selling real estate in the one- to four-unit space and acquiring value-add apartment buildings. In this episode, John discusses the nuances of investing in Chicago, Ill., and takes us inside the day-to-day operations of managing a 154-unit multifamily portfolio. John Warren | Real Estate Background President at Forte Properties, Inc. Portfolio: 154 units Based in: Chicago, IL Say hi to him at: Instagram Best Ever Book: The Complete Guide to Buying and Selling Apartment Buildings, by Steve Berges; Traction, by Gino Wickman   Click here to know more about our sponsors: MFIN CON

Apartment syndications are one way to substantially diversify your real estate portfolio and access the immense benefits that commercial real estate ownership can provide. It allows you to hold different assets in your portfolio without having to be on-site or hyper-familiar with the particular location of the investment. However, most people still do not understand how it works. In this episode, Jonathan Tonks joins us on a deep-dive into the syndication model — its benefits and how it helped him aid more people from a financial standpoint. Here are some power takeaways from today's conversation: Geographic diversification is important in building a strong asset portfolio. Relationship building is critical for scaling. Stay involved with your partners throughout the entire syndication process. Operate with a service mentality. Episode Highlights: [11:11] Jonathan's Investing Strategy His early mentality was to look at 20 to 50 assets available in his local market. However, his mentors taught him to aim for better growth markets and opportunities. This means buying higher price points and diversifying geographically. [13:28] Defining Syndication Syndication is an incredible way to gain substantial wealth and exposure to real estate. Simply said, syndication is partnering with individuals to purchase and acquire an asset that is not necessarily real estate. [17:25] Why You Need to Diversify If all your assets are centered in one city, you will be capped by the limits of that city. This is why it's important to have assets in different areas. And this is where the syndication model comes in handy. [19:22] Two Types of Partners The syndication model has an active partnership team and a passive partnership team. The active group or the general partners (GPs) consists of everyone who is part of the acquisition. The passive group or limited partners (LPs) consists of the people who are contributing equity capital to help close the properties. [26:21] Jonathan's Underlying Mindset in Syndication Jonathan believes in the service mentality. He wants to introduce syndication to people because he knows it can change both lives from a wealth perspective. It is less of the money aspect and more of building a relationship with his partners in the long term. Notable Quotes: [8:32] “Get your money working at a good number and continue to do that because over time that's going to build wealth. That's how you obtain that substantial number.” [8:54] “If it's getting you in a better position than you otherwise would have been in, that's a good house hack. That's a good investment.” [31:09] “That's how I sort of approach everything every day: service abundance. And from there, we can all win. Right? There's no zero-sum game.” Resources Mentioned: Rich Dad, Poor Dad by Robert Kiyosaki The Complete Guide to Buying and Selling Apartment Buildings by Steve Berges Provision Space jtonks@provisionspace.com Reach out to Jeremy on LinkedIn and Instagram Connect with Jonathan on LinkedIn and @provisionspace

Ketan Patel discusses mindset and an overview of syndication in real estate. Episode Summary Even though it is the cornerstone to success, mindset is often overlooked. We do not realize how much our limiting beliefs are holding us back from getting started in real estate or taking the next step. Ketan Patel, a pharmacist, turned full-time real estate investor and High-Performance Real Estate Coach, looks to help his clients overcome the thoughts that hold them back so that they can flourish. In this episode, we hear about Ketan's journey from pharmacy to real estate, where he talks about why we need to reframe risk. Ketan explains how individuals struggling with mindset can overcome those obstacles and shares insight for building confidence in real estate investing. Rather than thinking about what we might lose, if we consider what we can gain, taking bold action becomes easier. Ketan shares the innovative way he funded his first deal, and he also talks about multifamily syndication, a great way to passively invest in real estate. The conversation touches on the power of mindset, where Ketan offers insights into how he's worked on his. Ketan shares the value of being grateful for what you have and why you have to find joy beyond the numbers. Ketan truly embodies the idea that mindset matters. Key Points From This Episode Get to know today's guest, Ketan Patel.  Hear details about Ketan's pharmacy journey and his subsequent transition into real estate.  How Ketan moved into real estate; it wasn't all at once.  Insights into Ketan's first deal and the creative way he managed to get funds for it.  Why Ketan believes that there is no such thing as a risk: you always win something.  How mindset influences your outlook and frames the way you see things.  Typical roadblocks Ketan that helps his clients overcome.  At some point, you have to ask yourself why you are truly not making the decision to jump into real estate.  Where Ketan's first deal opportunity came from.  Confidence comes after action, not the other way around.  A look at what syndication is, how this structure works, and the partners involved in deals.  Who can participate in syndication and whether or not you need to be an accredited investor.  What Ketan is currently working toward; it's more than just the numbers.  Finding the balance between wanting more and living in the moment.  Final questions to end the show.   Highlights “I realized that with real estate, you have a lot of flexibility. You could do a flip, you could partner with someone, invest passively, you could buy a small rental, you don't have to quit your job day one.” — Ketan Patel [0:06:45] “It doesn't really matter what business you do and what your strategies are. At the end of the day, the thoughts, the beliefs, the emotions you have, they determine so much about your success and things like that. Instead of just focusing on the knowledge, the technical aspects, they are important, but they're not as important.” — Ketan Patel [0:10:12] “You can't postpone happiness and joy and everything for the future. I got to start living it now regardless if I have that or not.” — Ketan Patel [0:30:15] “We [pharmacists] don't give ourselves credit of what's really possible for us.” — Ketan Patel [0:32:44] Links Mentioned in Today's Episode Join the YFP Real Estate Investing Facebook Group Ketan Patel Coaching: Results Coaching Mukhi Capital The Complete Guide to Buying and Selling Apartment Buildings by Steve Berges Ketan Patel Coaching Ketan Patel Coaching: Capital Raising Pro Apply for a Results Coaching Session with Ketan YFP Real Estate Investing

Want to avoid mistakes in Long Distance Investing?  Download your FREE document at billykeels.com/7mistakestoavoid   Going Long Podcast Episode 108: Moving into Commercial R.E.I. after 20 Years in the Corporate World   In the conversation with today’s guest, Clive Davis, you’ll learn the following:   [00:34 - 03:48] Clive’s profile, in Billy’s guest introduction. [03:48 - 09:35] The backstory and decisions made that led Clive to this point in his journey. [09:35 - 15:07] How being the son of parents who made sacrifices and bold moves to pursue their life ambitions in the UK and then USA has helped move Clive towards achieving significance. [15:07 - 21:49] What it was like working for a corporate multinational such as Pfizer, and the lessons learned that are helping today in the world of R.E.I. [21:49 - 26:44] Clive explains how he got involved in Real Estate coming from a relatively modest family background.  [26:44 - 30:38] The reasons Clive invested out of State for his very first Real Estate Investment, and why he continued to do that for subsequent investments. [30:38 - 37:38] Clive shares how he went about vetting teams and investment platforms to make sure they are likely to deliver on their claims, and also how things can sometimes not go to plan. [37:38 - 40:35] Who Clive, as the Managing Director of Park Royal Capital, is looking to serve with his company.  Here’s what Clive shared with us during today’s conversation:   Where in the world Clive is based currently: Atlanta, Georgia. The most positive thing to happen in the past 24 hours: Clive’s eldest child has been bestowed a prestigious award! Favourite European City: Rome, Italy. A mistake that Clive would like you to learn from so that you don’t have to pay full price: Invest in yourself beyond your corporate life, and make the jump into actioning your real dreams as soon as you can.  Book Recommendation: Just Mercy, by Bryan Stevenson (AND - The Complete Guide to Buying and Selling Apartment Buildings, by Steve Burgess). Be sure to reach out and connect with Clive Davis by using the info below:   Email: clive@parkroyalcapital.com  LinkedIn: https://www.linkedin.com/in/clivedavisesq  Facebook: https://web.facebook.com/clive.davis.37    Start taking action TODAY so that you can gain more Education and Control over your financial life.   To see the Video Version of today’s conversation just CLICK HERE.   Do you want to have more control and avoid the mistakes that I made getting started in long distance investing?  Then you can DOWNLOAD the 7 Mistakes to Avoid in Long Distance Investing Guide by clicking HERE.   Be sure to connect with Billy!  He’s made it easy for you to do…Just go to any of these sites:   Website: www.billykeels.com Youtube: billykeels Facebook: Billy Keels Fan Page Instagram: @billykeels Twitter: @billykeels LinkedIn: Billy Keels

After graduating from Ohio State, Paul entered the management development track at Ford in Detroit. After five years, he left to start a staffing company. He scaled and sold the company to a publicly traded firm. After a brief “retirement”, Paul began investing in real estate in 2000 to protect and grow his own wealth. He's completed over 85 real estate investments but it was a very successful multifamily project in 2010 that convinced him of the power of commercial real estate. This has been his focus ever since. This led him to author his first book, The Perfect Investment- Create Enduring Wealth from the Historic Shift to Multifamily. Paul is married with 4 children and lives in Central Virginia. He strives to abide with God and to follow Jesus daily. Paul is a great role model for all of us real estate investors who long to live meaningful, God-honoring lives. Books: The Complete Guide to Buying and Selling Apartment Buildings by Steve Berges, Hosting the Presence by Bill Johnson Prayer Requests: Paul's second daughter is heading off to Bethel College in CA. Also, Paul is working to find the best in class operators with whom to place his investor's capital. Contact our Guest: Website: https://www.wellingscapital.com/, Email: paul@wellingscapital.com, Bigger Pockets: https://www.biggerpockets.com/users/PaulTMoore Connect with Lee: Website: threefoldrei.com, Email: info@threefoldrei.com, Phone: 937-400-3044

Steve Berges, founder and Chief Executive Officer of the Berges Investment Group, has been a successful real estate investor for more than three decades!  Mr. Berges has logged over $250 million in combined personal and client transactions buying and selling everything from land for subdivision developments, residential construction, single family rentals, and of course, his favorite - multifamily apartment buildings!   Berges' previous experience includes serving as the Chief Investment Officer representing a local Houston real estate company where he was directly responsible for a portfolio of 4200+ apartment units with a market value totaling approximately $200 million. He represented the company in all buy, sell, contract review, and financing activities.   As the author of The Complete Guide to Buying and Selling Apartment Buildings and The Complete Guide to Real Estate Finance for Investment Properties, Steve Berges has extensive knowledge and direct experience with cash flow analysis and the valuation of income producing properties, the creation of value-added measures to enhance N.O.I., as well as all facets of finance and accounting as it relates to commercial, multifamily, and residential real estate.    He speaks with us about the RV model, value adds and water slides.   steveberges.com   The Rundown Apartments to RVs Deal Scarcity Competition Foreign Buyers Cap Rates Houston Value Add NOI The Next Deal Family Bonds Tent Camping Michigan Amenities Long Term Monthly Guests Family Vacationer Community Activities Seniors Property Rights Motivated Sellers Spending The Money Raising Rates Management Staffing Location Water Slides Hot Tubs Occupancy Seasonal Business Financing Insurance Book Recommendations   Subscribe to our Youtube Channel for lots of great content!   Get tickets to our next Multifamily Mastery Event in Orlando!  

This is the basic to mutifamily properties, but will give you good insight.

Ben Leybovich and Sam Grooms with Whitehaven Capital join us today to discuss being consistent, gaining systems and organization and using professionals in you business. They also talk about why it’s important to not be all things to all people and the fact that exponential growth requires others. Ben is a Violin player that changed careers due to MS. He started investing in 2006 and now with his partner invest in value add multi-family. Sam is a CPA turned real estate investor. Sam started flipping and buying single-family homes, along with some passive investing. Sam and Ben formed Whitehaven Capital to focus on building the multi-family investing business. Check out their upcoming syndication event: www.justaskbenwhy.com/phoenix Also, connect with them at whitehavencapital.com or justaskbenwhy.com Books: How I Turned $1000 into $5million In Real Estate in My Spare Time by William Nickerson Complete Guide to Buying and Selling Apartment Buildings by Steve Berges This podcast made possible by our friends at HomeInvest.com. If you’re looking for the best turnkey investing company or want a free investment strategy session visit homeinvest.com/pillars. Connect with Pillars Of Wealth Creation on Facebook: www.facebook.com/PillarsofWealthCreation/ Subscribe to our email list at www.pillarsofwealthcreation.com Subscribe to our YouTube channel: www.youtube.com/channel/UCkg8HggkdPAuBaAQySJSEQQ

My guest today is Paul Moore, the co-founder of Wellings Capital. He is also the host of the How to Lose Money podcast. Paul explains how his conversations with founders inspired How to Lose Money and how failures are the best teachers. We discuss how Paul got into real estate and why he prefers multi-family and self-storage deals. Paul is the author of a book on the subject of multi-family real estate called The Perfect Investment: Create Enduring Wealth from the Historic Shift to Multifamily Housing. He shares his opinions on that particular space and why it has been difficult to find deals. Also, Paul is a passionate advocate for stopping human trafficking. He speaks about his work with the organization, Exodus Cry and how my listeners can get involved in the cause. Paul has a classic rags to riches story that will both inspire and educate you. MINUTE MARKERS 00:00 — Introduction to the Big Mike Fund Podcast. 00:22 — Welcome Paul Moore to the podcast. 00:47 — How to Lose Money podcast. 01:05 — The conversations that inspired How to Lose Money. 02:17 — Your pain is your power. 02:54 — Paul's background. 04:13 — How Paul got into real estate. 06:33 — Paul's rags to riches story. 08:38 — How “giving your way of debt” helped Paul get out of debt in 13 months. 11:37 — Paul's involvement with Exodus Cry. 16:24 — The reasons multi-family deals are hard right now. 17:33 — The opportunities in self-storage. 19:00 — How to find self-storage and multi-family deals. 21:01 — What is Welling Capital and who do they serve? 22:39 — Paul's book recommendation. 23:43 — Why Paul does what he does. 24:38 — Paul's recommended episodes of How to Lose Money. 27:17 — Paul's contact information. 27:50 — Thanks to Paul Moore for joining the show. 28:13 — Outro to the Big Mike Fund Podcast. Resources: The Perfect Investment: Create Enduring Wealth from the Historic Shift to Multifamily Housing How to Lose Money Welling Capital Big Mike Fund The Complete Guide to Buying and Selling Apartment Buildings by Steve Berges

Is there such thing as a “perfect investment?” According to today’s guest, yes. Today on the BiggerPockets Podcast we sit down with Paul Moore, a real estate investor whose 18-year journey through real estate has included house flipping, new construction, hotels, and finally—multifamily. In this episode, Paul shares three powerful reasons why multifamily might just be the most perfect real estate investment. You’ll learn how Paul discovered the vital difference between investing and speculating, why falling in love (with a deal) is incredibly dangerous, and the huge real estate gamble that Paul made that cost him $40,000. If you plan to eventually buy small multifamily properties, this is one podcast episode you can’t miss!In This Episode We Cover:Paul’s history and how he got into real estateBought a house for $34,000—painted it, and sold it for $65,000Never fall in love with a dealFrom two failed flips to 50 successful ones!The difference between gambling and investingHow he built a Hyatt hotel with a partner and lost moneySome reason behind the dropping of homeownershipWhy he thinks multifamily properties are perfect investmentsHow he looked at 180 deals this yearHe sold an HR company in ’97 for almost $3 million. Ten years later he was 2.5 million in debt.How he was able to end up debt free 13 months laterFinancing an $8.7 million multifamily propertyWhat is a green loan program?The journey to a syndication processHow he’s been able to write a book, have a podcast, and write for BiggerPocketsNetworking through BiggerPocketsAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarsTim Ferriss ShowBiggerPockets New Member Introductions ForumsNMAC ConferenceBooks Mentioned in this ShowMastering the Rockefeller Habits by Verne HarnishThe Perfect Investment by Paul MooreThe Complete Guide to Buying and Selling Apartment Buildings by Steve BergesThe ONE Thing by Jay Papasan and Gary KellerFire Round QuestionsWhat is a good way of finding multifamily owners if it’s owned by an LLC?Where do you gets your numbers when it comes to multifamily units?Tweetable Topics:“Every percent drop in home ownership means a million new people in the renter pool.” (Tweet This!)“When baby boomers rent, they never return to buying again.” (Tweet This!)“Don’t fall in love with a deal.” (Tweet This!)“Wealth built up slowly over time is the key to become successful.” (Tweet This!)Connect with PaulPaul’s Company WebsitePaul’s PodcastPaul’s Posts on BiggerPocketsPaul’s BiggerPockets Profile

On today’s show, we sit with Mark Hentemann, a writer and producer for TV’s Family Guy who also invests in Los Angeles real estate! Mark shares his incredible success stories, which include his trick for finding overlooked properties, house hacking for massive profits, adding value and utilizing the 1031 exchange—plus more! Mark’s strategy for filtering data will save you tons of time and help you find the deals others are missing. Listen and learn how Mark got into real estate investing through house hacking—and how that led to an $800,000 profit on his first deal! This episode is absolutely packed with motivating advice and fantastic ideas for getting started. Bonus? It will make you think and make you laugh!In This Episode We Cover:Mark’s day job as a writer for Family GuyThe first deal that gave him buyer’s remorseHaving a friend as a first tenantSelling that first deal for $1.27 millionThe $250 dishwasher storyWhat’s a 1031 exchange?Buying with solid fundamentalsFinding low-cost-per-square-foot buildingsHaving the perfect open houseFinding deals in today’s difficult marketThe river mentality in regards to moving forwardThe people on his teamFinding people in the BiggerPockets communityHis metric called “leverage cost per square foot”And SO much more!Links from the ShowBiggerPockets ForumsAmerica Arias Instagram ProfileBiggerPockets EventsBiggerPockets WebinarFamily Guy1031 Exchange GuideBiggerPockets Podcast 274: “Because of These 3 Simple Rules, I’ve Bought Over 600 Units and Never Lost Money” with Paul MorrisMarcus & MillichapLoopnetLinkedinZipRecruiterFamily Guy – everyone throws up (video)Family Guy – Wheres my Money Stewie & Brian (video)Books Mentioned in this ShowSo Good They Can’t Ignore You by Cal NewportThe Complete Guide to Buying and Selling Apartment Buildings by Steve BergesSapiens: A Brief History of Humankind by Yuval Noah HarariFire Round QuestionsWhat was your worst home renovation fail!?!How are some unique ways you earn/save extra money?Are anonymity and self management possible?What’s your second favorite investment after real estate?Tweetable Topics:“It’s really valuable to be able to sit back and wait for the deal to come to you.” (Tweet This!)“Everyone’s got an opinion on why things are a bad deal.” (Tweet This!)“Leverage is the one common denominator.” (Tweet This!)“When you make the money, handle it well, be careful, don’t waste it, invest it.” (Tweet This!)Connect with MarkMark’s BiggerPockets ProfileMark’s Company WebsiteEmail Mark

If you've listened to the show before, you've probably heard me talk about the power of the first deal. Your first multifamily deal will be the smallest, the longest, and the hardest deal you will ever have to make. However, the power of the first deal is that the second and third, which follow in rapid succession, are almost automatic. Jordan Madewell, my guest on this week's show, knows all about the power of the first deal. Closing on his first multifamily, a 23-unit complex, with his business partner in 2016, Jordan is on the fast-track to completing his next two deals, which he hopes will help him reach his 2017 goal of 100 units. I can't wait to see how he gets on in the next 12 months, but in the meantime, let's listen as Jordan talks about his drive, how he got started in real estate, and most importantly, how he nailed that all-important first deal. Key Takeaways [02:53] Jordan's start in real estate investing Jordan's parents and grandparents always had rentals In 2007, while still in college he bought and rented out his first single-family home [04:05] The moment Jordan realized that he needed to be investing in multifamily Released that It takes the same amount of time and effort to do a deal 10X bigger [06:40] Jordan's goal and his “why” $5000/month passive rental income [14:23] How Jordan built a network of investors Established contacts before the deal was in place Started conversations early to build investor trust [15:20] Jordan's first deal. “lucked upon it” 23 units built in 2006. [16:30] Raising the money for the first deal Syndication Called network of investors Raised needed funds in 72 hours [26:47] What's next for Jordan Actively looking for more and bigger deals [36:00] The power of the first deal There is enormous power and potential in completing the first deal It's the smallest, takes the longest, and is the hardest to pull off The second and third deals follow in quick succession [45:28] Jordan's advice for new real estate investors Calculate your ‘Rat race' number and reverse engineer it Learn as much as you can, but always follow it with action Find a mentor or peer group to guide and help you on your journey Connect with Jordan Phone: 806-570-0264 Email: Jordanmadewell@gmail.com Web: madewell-construction.com Resources Mentioned The Complete Guide to Buying and Selling Apartment Buildings by Steve Berges richdad.com biggerpockets.com Old Capital Real Estate Investing Podcast  

50,000 sq ft, is that big enough? That was our guests FIRST purchase! He has become an authority on buying underperforming assets, adding value, then refinancing them! You can't miss this episode! Best Ever Tweet: Don't let the big properties scare you, more creativity is required. Brian Murray Real Estate Background: - Founder and CEO of Washington Street Properties -Grown company into large portfolio of office, medical, retail, restaurant, parking, storage, and apartment communities - In 2015 Presented with Gold Stevie® Award in the Executive of the Year, Real Estate category - Brian has been quoted by the Wall Street Journal, the New York Times, and other publications - Based in Watertown, New York - Say hi to him at www.washingtonstreetproperties.com - Best Ever Book: The Complete Guide to Buying and Selling Apartment Buildings by Steve Berges Click for a summary of Brian's Best Ever Advice:   Made Possible Because of Our Best Ever Sponsors: You find the deals. We’ll fund them. Yes, it’s that simple. Fund That Flip is an online lender that provides fast and affordable capital to real estate investors. We make funding your projects easy so you can focus on what you do best…rehabilitating homes. Download your free copy at Subscribe in and so you don’t miss an episode!

Five years ago Brad Tacia was just a regular guy, working a 70 hour week as an engineer to support his family. In 2011 he began to invest in real estate. After making the switch from single family to multifamily investing, Brad managed to replace his income in just 2 years.In this episode I talk to Brad about the amazing progress he has made over the last 2 years, investigating the reasoning and In this episode I talk to Brad about the amazing progress he has made over the last 2 years, investigating the reasoning and mindset behind his life-changing actions, as well as the habits he has developed to achieve his goals. From his first multifamily deal, to the syndication of a second complex, the results of Brad's determination and decision-making can serve to inspire anyone interested in multifamily real estate investing. Key Takeaways  [03:05] Brad's backstory: from 9 - 5 to real estate. Brad has worked in auto engineering all his life. Layoffs in the auto industry inspired Brad to seek out a second source of income. He realized he needed a ‘Plan B'.  [04:56] The thought processes behind real estate investing. Now with a family, Brad was starting to think about how to secure a financial income. He moved into a new family home and began to rent his old home. Gravitating towards real estate, he started researching and investing in single family.  [07:23] Thinking about replacing income with real estate. Maintain flexible and ever moving goals. First goal to replace 25% of income, then 50%... Recently achieved goal to replace 100% of income with real estate.  [9:09] ‘The idea was to buy one house per year'. Transitioned to the multifamily market after buying his 5th single family home. Did not start with multifamily because the thought was too daunting. Wishes he had started sooner.  [11:45] Making the move to multifamily investing. Brad started to educate himself, reading over a dozen books on apartment investing. Started analyzing deals to get comfortable with the numbers. Analysed 50 deals and gained confidence in the market.  [14:14] Brad's first multifamily deal. 12 units. Agreed on $850,000 ($71,000 per unit). Raised rents to market value for an instant cash flow boost.  [19:50   ] A change in comfort zone and a shift in goals. The benefits of finding a good property manager. Finding more money to invest in multifamily.  [25:25] The ability to make deals directly impacts the scalability of the business. After the first 12 units Brad set his sights on fully replacing his income. He wanted to cover his family's living costs, his ‘rat race number'.  [26:04] Brad's motivation for doing what he does At first it was to provide for his family Now it's about gaining freedom with his time  [27:21 ] Why Brad keeps doing new deals even though he's met his financial goals Brad loves analyzing deals. Wants to pursue more syndication deals.  [35:35] Real estate investing alongside a full-time job. Utilize your free time in the most effective way possible. Research deals on lunch breaks, use your daily commute to make phone calls.  [36:25] Changing your habits and finding your why. Do something every day to keep your deals moving. Don't let anybody else own your time. Find your drive. Brad's is to spend more time with his family.  [42:26] What Brad would tell his younger self. 1st get expenses under control Go into multifamily sooner and build the right mindset Start young, start early, be serious about it.  Connect with Brad  Cell Phone: 248-881-4570 (call or text)  Email:  bradtacia@gmail.com  Resources Mentioned  The Complete Guide to Buying and Selling Apartment Buildings by Steve Berges

I am really excited and honored to have as my guest today, Joe Fairless. Joe is someone that I have studied personally and learned a lot from, he has really build a very unique online brand and I am a big fan of his podcast. Joe is the host of the world's longest running daily real estate podcast, Best Real Estate Investing Advice Ever. His career began in New York City as the youngest vice president of the advertising agency, to creating a company that now controls over $54, 000, 000 worth of real estate. In his real estate career, Joe had amazing success making the jump from single family to multi-family real estate investing and he also consults investors on real estate investing. Joe's new book, Best Real Estate Investing Advice Ever, Volume1, has been personally endorsed by Barbara Corcoran of the shark tank and all the profits of his book are being donated to the Junior Achievement of Cincinnati. Share your thoughts with me on Twitter @mclaubscher and Instagram @cashflowninjapodcast.   Bestselfco., Make Success a Habit! Use the Self Journal to organize and align tactical day to day tasks with larger life goals.   Recommended Books: Best Real Estate Investing Advice Ever (Volume 1) by Joe Fairless The Complete Guide to Buying and Selling Apartment Buildings by Steve Berges Commercial Real Estate Investing: A Creative Guide to Succesfully Making Money by Dolf de Roos 101 Ways to Massively Increase the Value of Your Real Estate without Spending Much Money by Dolf de Roos Emerging Real Estate Markets: How to Find and Profit from Up-and-Coming Areas by David Lindahl    Recommended Resources: www.joefairless.com Best Ever Real Estate Investing Advice Ever Podcast E-mail Joe for his Resources Guide at info@joefairless.com and put Cashflow Ninja in the subject line.     Show Sponsors: Audible, download any audio book for free when you try audible for 30 days. Leadpages,  is offering a free marketing automation course that includes:12 video modules with step-by-step strategies to leverage what's working in your business. Thrive15.com, get a free month of access at www.thrive15.com/cashflow Have some feedback you'd like to share? Leave a note in the comment section below and please share it using the social media buttons you see at the bottom of the post! If you enjoyed this episode of our podcast, please leave an honest review for The Cashflow Ninja Podcast on iTunes. Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. John Lee Dumas of EOfire.com made a video explaining how to leave a review you can watch here. You can also access step by step instructions how to subscribe, rate and review on Itunes from Apple here. Thank you for supporting our podcast and sharing it with friends and family! Live a Life of passion and purpose on your terms, M.C Laubscher

Joe Fairless   Hi Goal Getters, Tony Woodall, your host and friend on Goal Getting Podcast. I'm glad you are listening to us today. We have an exciting guest for you today. Joe Fairless is someone that couldn't figure out what he wanted to do in life and after changing his college major several times, he went into Marketing. Setting a goal to be with the best to be the best, he moved to New York City. Joe became the Vice President of a major advertising firm before he was 30. He was good at that he did and he achieved the goals he set. Then he quit. Yes, like several entrepreneurs I have talked with this year, Joe quit his corporate career to go into full-time real estate investing. Like he did with advertising, he went big! He went into buying multifamily properties, apartment buildings. That is where the wealth is at, not single family homes. Today you will meet Joe and learn more about what he has done and how he does it. I think it's time to stop listening to me today and go listen to Joe. I will be back after the interview to talk to you about some things and to say goodbye. But now, Well, Hi There, Joe! Top 3 Action Steps to Start Real Estate Investing Educate Yourself - read about the field in books by Steve Berges or Dolph Reach Out to Someone in the Field Learn From Them   3 Steps to Investing Process Know the area - you should be able to know the school systems and how they are by heart Know how to run the numbers. Learn the data you need to calculate the correct numbers Income minus expenses = Net Operating Income (NOI) / Cap Rate = Value Set Financial Goals Before Investing - Targeted annual income from investing? Best Advice I've Ever Received? Secret to Living is Giving -- Tony Robbins Habits for Success Fitness / Health - Without good health, you won't be able to function at your peak, mentally or physically. Persistence - Being "consistently persistent". What Quote Hangs on Your Wall? You're going to die. Live your dreams ~~ Joe Fairless Books for Success Crucial Conversations [amazon template=image&chan=goalgettingpodcast&asin=0071771328]   The Complete Guide to Buying and Selling Apartment Buildings by Steve Berges [amazon template=image&chan=goalgettingpodcast&asin=0471684058]   Contact Joe at his website, click the photo below.     Or on his podcast   Wow, Goal Getters, that was an enlightening interview. Real Estate investing is not that scary or hard. As Joe said, Educate yourself first, find someone that knows what they are doing in the field and reach out to them. Learn from them and go out and build wealth. Joe offered great tips, strategies and inspiration for you go set your real estate investing goals, if that is what you want to do. Follow Joe's advice, learn from Joe and then go out and make your wealth in Real Estate. Check out Joe's website at JoeFairless.com If you want to learn how to Get The Goals You Set and Master Goal Getting, you can join our private Facebook Group, Goal Getting Masters. Simply Go to GoalGettingPodcast.com/masters to sign up today and I will reserve you a spot in the group. The group will be open until the end of the year for free. After January 1st, it will be a paid membership group. Join today to get in as a Founding Member for life. Thank for listening to the show.  I hope you learn what you needed today. I look forward to seeing you back next Wednesday. You are also welcome to join us daily for our Goal Getting Quote of the Day series. Go out and make today a great day! I get a lot of my quotes from great books that I read. And if you like to listen to books on Audio like I do, I put together a deal with Audible to give Goal Getting Podcast listeners a FREE Audiobook of your choice AND a 30 Day Trial of Audible's service to try them out. Just click the link in the Blue Box to get to the Audible sign up! Get Your Free Audiobook Here Make Today a Great Day! Like our Facebook page http://www.facebook.com/GoalGettingPodcast Follow us on Twitter: Podcast at @GoalsPodcast Tony Woodall, Your Host at @TonyWCMB   Follow us on Instagram at @GoalGettingPodcast  

Steve Berges literally wrote the book on apartment investing. "The Complete Guide to Buying and Selling Apartment Buildings" and the "Complete Guide to Real Estate for Investment Properties" were both penned by Steve and he has spent his career buying and overseeing multifamily assets. Steve talks about his experience in hiring property managers, managing his managers and proving a few tricks of the trade.   Text and notes on Steve Berges' Podcast "Tips on Selecting a Property Manager."

Building a real estate empire takes time, effort, and significant amounts of capital. However, as our guest today shares with us, it’s not beyond your reach! Learn how Brian Murray built a real estate portfolio to over 400 units using a variety of strategies and intelligent techniques. If you plan on building a large real estate portfolio in your future, this is a CAN’T MISS episode!In This Episode We Cover:How Brian got started with real estateWhy he invested in commercial office spaceThe techniques he used to get the place rentedWhat exactly assuming the loan of the seller meansA discussion about Capitalization RatesValue added investingHow to use the 50% Rule with commercial propertiesThe value of putting money back into the propertyHow he manages his properties and his specific views on itHow to find great dealsTips for real estate investors on getting startedHis biggest success and biggest mistakeAnd SO much more!Links from the Show#AskBP PodcastThe One Thing You Need to Achieve Your Biggest Goals [#AskBP]BiggerPockets PodcastBiggerPockets ForumsBiggerPockets Podcast show 100 with Josh DorkinBiggerPockets LinkedIn ProfileBiggerPockets FacebookBiggerPockets TwitterBooks Mentioned in this ShowThe Complete Guide to Buying and Selling Apartment Buildings by Steve BergesRich Dad Poor Dad by Robert KiyosakiDon’t Sweat the Small Stuff and It’s All Small Stuff by Richard CarlsonTweetable Topics:“You can’t expect anyone to treat your property as well as you do yourself.” (Tweet This!)“You’re gonna see far better returns if you invest yourself and your time into your properties.” (Tweet This!)“A lot of people they think that a property is not for sale, everything is for sale.” (Tweet This!)“Grit is living life like a marathon, not a sprint.” (Tweet This!)Connect with BrianBrian’s BiggerPockets ProfileBrian’s LinkedInBrian’s Company Website