Podcasts about Underwriting

Real-estate operator August Biniaz (Co-Founder & CIO, CPI Capital) breaks down how he grew from agent and small developer to closing $225M+ in multifamily assets—plus the boutique advantages that win in today's market: cross-border investor structures, a mid-market acquisition lane ($20–$50M), and ruthless underwriting discipline (rent growth, exit caps, and debt selection). We cover value-add vs BTR, lessons from deals walked away from, and why talent, conservative debt, and 95% occupancy targets matter more than spreadsheets. Highlights The mid-market moat: Why 100–300 doors, < $50M assets in Tampa (FL) and San Antonio (TX) are a sweet spot. LP economics first: Targeting 15–20% average annualized returns and passing the "net-to-investor" test before bidding. Underwriting levers that kill deals: Keeping organic rent growth to ~2.5%–3%, and being conservative on exit cap rates. Debt is destiny: Why fixed, interest-only 5-year debt reduces "debt distress" risk. Boutique advantage: Direct access to principals, tight asset management, investor dinners, and hands-on ops. Cross-border structure: How Canadian LPs invest into U.S. deals while avoiding double taxation and using registered retirement funds (via MFT). Lessons learned: "Best deals are often the ones you walk away from," plus "hire slow, fire fast. Enjoyed this? Subscribe to The Practical Wealth Show, share with an investor friend, and book a discovery chat to map your cashflow and capital strategy. Links and Resources from this Episode https://www.practicalwealthadvisors.com https://www.practicalwealthsolutions.net/ Email Curtis for a free report - curtmay@gmail.com Call his office - 610-622-3121 ERC Tax Credit - https://ercspecialists.com?fpr=curtis75 Schedule a call with Curtis: https://aptwithcurtis.as.me/Strategysession CashFlow Mapping: https://practicalwealth.cashflowmapping.com/lp/PWbudgetsstink Take the Next Step with Curtis May: Business Owners: Assess Your Challenges with Cash Flow → https://curtis-73no5r8j.scoreapp.com Private Banking Readiness Assessment → https://curtis-qljorw8q.scoreapp.com How Ready Are You to Be Your Own Bank? → https://link.agent-crm.com/widget/quiz/XJwH7kM0wWxYB1KICcOW Connect with August Biniaz august@cpicapital.ca LinkedIn: linkedin.com/in/augustbiniaz Company: cpicapital.ca Newsletter: cpicapital.cpicapital.ca/newsletter Investor scheduling: meetings.hubspot.com/a Phone: +1 (604) 363-4797 Special Listener Gift Schedule a 15-Minute Call with Curtis: https://aptwithcurtis.as.me/Strategysession Review, Subscribe and Share If you like what you hear please leave a review by clicking here Make sure you're subscribed to the podcast so you get the latest episodes. Click here to subscribe with Apple Podcasts Click here to subscribe with Spotify Click here to subscribe with RSS

In this episode of the Real Estate Pros podcast, host Michelle Kesil interviews Greg Gaudet, a real estate investor based in Maui. Greg shares his journey into real estate investing, discussing his focus on wholesaling, flipping, and rentals. He emphasizes the importance of consistent marketing and a conservative approach to deal-making, especially in the unique Maui market, which faces challenges such as potential legislation affecting vacation rentals. Greg also outlines his strategies for finding off-market deals and reflects on his future goals following personal challenges. The conversation provides valuable insights for aspiring real estate investors. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind: Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply Investor Machine Marketing Partnership: Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com Coaching with Mike Hambright: Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform! Register here: https://myinvestorinsurance.com/ New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club —--------------------

5 Critical Underwriting Checks Most Private Lenders Overlook - #305 When it comes to private lending, even experienced lenders can miss key underwriting details that make or break a deal. In this episode of the Private Lenders Podcast, Jason from Hard Money Bankers walks through five critical underwriting checks that most private lenders overlook — insights learned from over 4,000 funded loans. Whether you're lending on fix-and-flip, BRRRR, or new construction projects, this episode will help you identify hidden red flags, avoid fraud, and protect your capital.

In this episode of the Massive Passive Cashflow Podcast, I sit down with investor and operator Jack Martin, Co-Founder & Chief Investment Officer of 52TEN, to break down why mobile home parks (MHPs) can be the most stable cash-flowing real estate when structured as tenant-owned homes (TOH) on leased land. From renovating SFRs and scaling multifamily to building an institutional-grade MHP platform, Jack explains the playbook: buy quality assets, stabilize, return capital, then keep the long-term coupon—with powerful bonus depreciation along the way. An Army veteran turned entrepreneur, Jack co-founded 52TEN, an Arizona-based, vertically integrated investment firm specializing in the acquisition and repositioning of mobile home parks. The firm manages 1,800 lots across 5 states with $60M in private investor capital, helping clients invest with confidence using a long-term, tax-favored strategy. Jack's broader background spans $450M+ in acquisitions/dispositions across residential and commercial assets, general contracting and development, and capital management. We discuss how to underwrite institutional-quality parks (often 100+ lots), why TOH beats POH for durability and maintenance, what markets and regulations to watch, and how agency debt (Fannie/Freddie) and expense discipline (often ~30–40%) shape returns. If you're an investor seeking durable income, low turnover, and smart tax planning, this episode is your blueprint. What You Will Learn: How Jack “tripped” into mobile home parks—and why he never looked back Why tenant-owned homes (TOH) create exceptional stability & low turnover (avg. stays can approach ~15 years) The supply reality: for every 1 park built, ~10 are redeveloped—how scarcity impacts value A simple market screen: affordability gap (median home price ≈ $300k+), plus job & population growth Regulation & rent control: why owner-friendly jurisdictions matter—and how policy affects capex and community outcomes Underwriting the deal: target lot counts, quality thresholds, and getting agency-eligible debt Expense & utilities 101: typical 30–40% expense ratios; power direct-billed; water/sewer sub-metered & billed back The 52TEN playbook: buy great assets → stabilize → refi/supplemental → return capital → hold the coupon Tax angle: how bonus depreciation can create meaningful passive losses on K-1s (consult your CPA) Who can invest (accredited only) and the minimum check size ($100k) Links & Resources: Website: https://52ten.com/ LinkedIn: https://www.linkedin.com/in/jack-martin-52ten/ Attention Investors and Agents: Are you looking to grow your business? Need to connect with aggressive, like-minded people like yourself? We have the tools, knowledge, and coaching to help you thrive and positively impact your bottom line.

Seller finance compliance feels messy because multiple rule sets overlap and the gray areas are real. In this episode, I break down the essentials—Dodd-Frank Ability-to-Repay (ATR), TRID timelines, and the “Rules of 1, 3, and 5”—and show you how to keep deals simple, compliant, and sellable. Key takeaways Dodd-Frank ATR (the big one): If your borrower is an owner-occupant, you must make a good-faith determination they can repay (credit, income, debts, residual income). You want to underwrite anyway—this protects you and improves loan performance. TRID basics: Send a Loan Estimate (LE) ≥ 7 business days before closing and a Closing Disclosure (CD) ≥ 3 business days before closing. Disclosure reduces misunderstandings and defaults. Rules of 1 / 3 / 5 (why the myths persist): “1 per year”: Only applies to natural persons selling their own primary residence (not investment deals or entities). Not the “do anything you want” rule most think it is. “3 per year”: You can create up to 3 loans/year without involving an RMLO, but ATR still applies. Not Wild West. “5 per year”: You can do up to 5 loans/year without TRID, but if you're already doing ATR with an RMLO, you'll typically do TRID too—there's no reason not to. Why follow ATR + TRID even when not strictly required: Better underwriting → fewer defaults Easier to sell (and at higher prices) to institutional buyers Enforceability if a borrower contests in court Costs are typically passed to the borrower at closing Servicing tip: For owner-occupied loans, use a third-party servicer. Compliance on servicing is even stricter, and you can contractually pass the monthly fee to the borrower. Resources mentioned

Telemetry is changing the underwriting game, enabling a shift from clunky forms to real-time, verifiable risk data.In this episode, host Anthony Hess sits down with Alex Jomaa, Chief Underwriting Officer at Onda, to explore how real-time data is transforming cyber underwriting, and why it's time the industry stopped relying on outdated processes that frustrate clients and slow brokers down.Alex explains how Onda's Navigator platform integrates directly with a client's infrastructure to deliver objective, verifiable cyber risk insights, thereby eliminating the back-and-forth of long-form questionnaires. In addition, he unpacks the biggest hurdles to cyber adoption, from poor timing and over-complication to misaligned incentives and volatile pricing cycles.You'll learn:1. How telemetry brings scale, accuracy, and speed to cyber underwriting2. What really stops buyers from purchasing cyber policies3. How brokers can sell cyber coverage more effectively4. The key signals Onda uses to assess cyber hygiene and risk quality5. Why market volatility is damaging long-term trust in cyber insurance___________Get in touch with Alex Jomaa on LinkedIn: https://www.linkedin.com/in/alex-jomaa-b84b8520/ ___________About the host Anthony Hess:Anthony is passionate about cyber insurance. He is the CEO of Asceris, which supports clients to respond to cyber incidents quickly and effectively. Originally from the US, Anthony now lives in Europe with his wife and two children.Get in touch with Anthony on LinkedIn: https://www.linkedin.com/in/anthonyhess/ or email: ahess@asceris.com.___________Thanks to our friends at SAWOO for producing this episode with us!

John Brunette joins the Academy of Insurance’s George Jack and Patrick Wraight, to break down why E&S property markets are booming, what drives placement decisions, and how evolving … Read More » The post Inside E&S Property Underwriting | IJA Aftershow: John Brunette appeared first on Insurance Journal TV.

In this episode of the Private Markets Outlook series, we sit down with Scott Giardina, Managing Director and Head of Trading for Future Standard's Global Credit Team, for an in-depth look at the current state of private credit.Scott joins Research team members Alan Flannigan and Andrew Korz to discuss the benefit of specialization in private credit, why lender protections matter more than ever and what it means for investors.The Private Markets Outlook podcast series from Future Standard features portfolio managers from across our firm, each bringing unique perspectives on private equity, private credit and real estate. Subscribe and stay tuned for more.Follow the value, not the herd: The new private markets imperative Q4 U.S. economic outlook: Artificial intelligence, real economic impact U.S. exceptionalism at a crossroadsHave a question for our experts? Text us for a chance to have your questions answered on the next episode.To watch the video version, go to https://www.youtube.com/@futurestandard_fs For more research insights go to https://futurestandard.com/insights

Episode 591 Welcome to Loan Officer Freedom, the #1 podcast in the country for loan officers, hosted by Carl White. In this insightful episode, Carl sits down with top-producing loan officer Mike Steplowski from Mount Juliet, Tennessee, to uncover how his team is using AI to clear underwriting conditions faster than ever. Mike shares how his crew leverages a free AI tool called Perplexity to instantly find answers straight from agency guidelines, cutting out the hours of manual searching and reducing interruptions so everyone stays focused on closing loans. Carl and Mike break down how this simple shift has streamlined communication, boosted productivity, and helped his team close 13 loans in a single month while freeing Mike from being the “easy button” for every question. They also touch on how sticking to the basics of the Daily Success Plan continues to fuel steady, referral-based growth even in a changing market. This episode is a great reminder that technology doesn't replace good habits, it amplifies them. When your team knows where to find answers, you stay focused on what really moves the needle: conversations, closings, and client relationships. If you'd like to connect with Mike, click here to find him on Facebook. Join Loan Officer Breakfast Club at LoanOfficerBreakfastClub.com where we share ideas like this every weekday morning and even send you the replays if you can't make it live. Schedule a one-on-one free coaching call, click here or visit LoanOfficerStrategyCall.com.

By focusing on education and collaboration, Westfield Specialty strengthens broker relationships and uses AI to boost speed and accuracy without losing the human touch. Watch this interview with … Read More » The post Building Smarter Broker Partnerships Through Education | WSIA Conference appeared first on Insurance Journal TV.

Cannabis consumption lounges are seen as an industry boost but pose risks like food-service hazards, live entertainment and security concerns, and impairment monitoring that insurers must carefully evaluate … Read More » The post Consumption Lounges: Big Buzz, Bigger Underwriting Questions | Insuring Cannabis Summit 2025 appeared first on Insurance Journal TV.

Is your charity golf tournament secretly losing you money? Learn the simple blueprint for a 6-figure fundraising event that turns golfers into major donors.In this episode of the Hey Nonprofits podcast, host Trevor Nelson welcomes golf event expert Blake Weaver to reveal the complete anatomy of a highly profitable golf fundraiser. Blake shares his best advice on how to secure valuable corporate sponsors, increase attendee engagement, and use powerful cross-marketing to fill your events. Discover proven ideas for on-course games, raffles, and a unique silent auction strategy that will help you raise more money. This is the ultimate guide to planning and executing a flawless charity golf tournament from start to finish.

Cyber Underwriting in an Evolving Market

Antonio Womack, a Baltimore-based investor and developer, joined the Investor Fuel Podcast to share his entrepreneurial journey and vision for legacy building. He began his career running a successful restaurant before transitioning into real estate in 2001, where he built large-scale development projects. After weathering the 2008 downturn, Antonio took a detour working in education and publishing before re-entering real estate in 2017. Today, Antonio is focused on a mix of development, flipping single-family homes, and building a portfolio of multifamily properties, including boutique student housing projects to meet high demand near universities like Morgan State. His mission centers on community impact and creating a legacy for his two sons through long-term property ownership and development.     Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

If you're brand new to real estate and wondering how to find good deals, avoid the dumb mistakes, and maybe even use seller financing to get started faster—this episode is for you. I'm breaking down exactly how I'd find real estate deals if I were starting today, the biggest piece of advice I'd give to new investors, and the mistakes I made when I first got into the game—so you don't have to learn them the hard way. Before we dive in, if you're serious about building wealth through real estate and want to see how our team can help you scale faster, book a success call with us right here: https://legacywealthholdings.com/success-call/ This time, I flip roles with our Social Media Director, Jed DeMuesy. Instead of me asking the questions, he's throwing the beginner stuff at me—the same things most new investors want to know: how do you decide what to buy, how many units should you take on in your first deal, when does seller financing actually work, and what's the best way to get your portfolio growing without wasting years. I share what I wish I knew when I was starting out, the lessons I learned the hard way, and the exact path I'd take if I had to start all over again. 00:00 – How I'd find real estate deals if I were starting today 00:37 – What I wish I knew before my first deal 01:18 – Defining your buy box (and why it matters) 03:00 – How many units should your first deal be? 05:22 – Competing with bigger investors as a beginner 07:42 – The $10M portfolio milestone that changes everything 08:58 – The mistakes I made starting out (so you don't have to) 11:38 – Underwriting small deals vs. big deals 14:09 – Signs a seller might offer financing 16:22 – How seller financing lowers your cost of capital 18:52 – My key takeaways for new investors If you're ready to stop playing small and start building a portfolio that creates real wealth and freedom, grab a time with my team here: https://legacywealthholdings.com/success-call/ #realestateinvesting #multifamilyinvesting #sellerfinancing #realestatedeals #beginnerinvestor #legacywealth #timbratz Don't forget to subscribe so you never miss an episode!

In this episode of the Real Estate Pros Podcast, host Kristen interviews Carrie Matuga, founder of Fynd Capital and an experienced real estate investor. Carrie shares her journey into real estate, emphasizing the importance of education and understanding financing. She discusses the current market changes, buyer strategies, and the opportunities available for investors. Carrie also explores various exit strategies and the risks associated with over-leveraging in real estate investments, providing valuable insights for both new and seasoned investors.     Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

My interview with Robin Scott, General Manager of Middle East at AIFT. - Insurance for digital assets has grown rapidly, with coverage now exceeding $1 billion - Centralized exchanges and custodians are meeting higher technical standards, making policies viable - DeFi remains challenging due to frequent hacks, leading to high premiums - Legacy insurers and reinsurers are warming up to crypto as a diversifier from climate risk exposures - AI risk is following the same playbook as crypto, starting with cybersecurity and risk management tools - Smart contracts and AI can streamline the outdated insurance process, reducing paperwork and intermediaries - The future may bring customers closer to directly covering risks via blockchain-based pools Powered by Phoenix Group The full interview is also available on my YouTube channel: YouTube: http://bit.ly/4nvx01v

On this episode of the Scouting For Growth podcast, Sabine VdL talks to Amit Santhirasenan, co-founder and CEO of hyperexponential, an actuary and software engineer who has built the AI native pricing and underwriting platform used by leading specialty carriers. In this episode we cover how to turn messy submissions into structured signals your pricing model can trust – without hiring an army, multi agent architectures, the agentic AI mesh, and the human in the loop controls executives need for auditability and speed, and where agentic underwriting is ready today (and where it isn't), plus the metrics executives should track—cycle time, hit ratio, and loss ratio uplift. KEY TAKEAWAYS Email submissions were a luxury at the start of my career! What's been so exciting for me, as a self-professed nerd, is the pace at which the capabilities of core models have got so good that even 6 months ago was a whole product's capability and feature set is now within the gift of Gemini or GPT5. If you're an underwriter filling out a spreadsheet/renew model, in 2025 you need to be working with hx underwriting , actuary or agent inside a renew model to have your paired partner helping you get to the best result. Why can't you have deep risk research on every single risk? Why can't you say: Tell me the most important characteristics in the world that you can tell me about the top 3 exposures? No human can do this work, the cost/benefit trade off there isn't economic, but you can run an OpenAI deep risk API call to do that on every single risk you underwrite today. We do it for you, it's what we do. All of a sudden it's dramatically easier to bring that level of differentiation and specialism in the way that great underwriting has always been done to every single risk you want to touch. BEST MOMENTS ‘You won't see that many places with a $7 trillion contribution to GDP, with such a small number of companies and people responsible for this.' ‘We demonstrated the first API machine vision algorithm in the market in 2017, now kids coming out of university are doing that as toy projects before they get to our clients.' ‘You can have an army of digital agents helping you now, all for $20 per month!' ‘Generative AI models have unlocked the ability to pull data so quickly out of the information required for underwrite that you can put a very quick red/amber/green status on risks, several orders of magnitude greater than ever before.' ABOUT THE GUESTS Amit Santhirasenan is the Co-founder and CEO of Hyperexponential (hx), the AI native pricing and underwriting platform for P&C insurers. Under his leadership, hx Renew has become known for delivering executive level outcomes: ~50% faster submission to bind, 10× faster model build and deployment, and a platform that supports $45bn+ in GWP for 20+ enterprise customers worldwide. A qualified actuary and computer scientist, Amrit previously spent over a decade in the London Market. He served as Head of Pricing & Analytics at Tokio Marine Kiln, building the managing agent's first technical pricing team to support ~£1.5bn GWP, and earlier held actuarial roles at Catlin (including standing up the Canadian actuarial function). ABOUT THE HOST Sabine is a corporate strategist turned entrepreneur. She is the CEO and Managing Partner of Alchemy Crew a venture lab that accelerates the curation, validation, & commercialization of new tech business models. Sabine is renowned within the insurance sector for building some of the most renowned tech startup accelerators around the world working with over 30 corporate insurers, accelerated over 100 startup ventures. Sabine is the co-editor of the bestseller The INSURTECH Book, a top 50 Women in Tech, a FinTech and InsurTech Influencer, an investor & multi-award winner. Twitter LinkedIn Instagram Facebook TikTok Email Website This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/

What happens when NYC properties drop 30-50% in value and investors can buy buildings for less than the debt—and how do you know when a construction boom signals the market top? In this continuation episode, Dylan Vaccaro reveals how regulatory pressure and investor flight have created unprecedented opportunities in New York City real estate. He explains his "crane theory" for identifying market tops—when you see maximum construction activity in an established city, it's usually time to stop building and start preparing for the downturn. Dylan shares insights about buying properties in bank workout situations, why rent stabilization makes NYC attractive for contrarian investors, and discusses the role of luck versus skill in generational wealth building. The conversation shifts to Angel's mobile home community development in Waco, exploring exit strategies at various completion stages, before concluding with Dylan's AI-powered solution that reduces underwriting time from 2-3 hours to 10-15 minutes. [00:01 - 07:00] NYC Market Opportunities in Distressed Times How regulatory pressure drove prices down 30-50% creating buying opportunities Why Dylan buys most NYC deals under the debt in bank workout situations The contrarian thesis: when everyone zigs, you should zag [07:01 - 12:00] Timing, Luck, and Generational Wealth Why "the worst developers who time the market right will seem like geniuses" How "the harder I work, the luckier I get" creates opportunities The importance of staying power through economic cycles [12:01 - 18:00] The Crane Theory and Development Timing How maximum crane activity in established cities signals market tops Why building through recessions can position you perfectly for recovery The 2008 lesson: when building becomes too obvious, reassess [18:01 - 24:00] Mobile Home Community Development Angel's 104-pad Waco project near Amazon facility and top school district Multiple exit strategies: sell at drawings, roadways, or fully developed Why resident-owned homes create 10+ year tenancies vs. 18-month park-owned turnover [24:01 - 26:30] AI-Powered Underwriting Solution How DealQueue reduces underwriting time from 2-3 hours to 10-15 minutes Solving the data parsing pain point from PDFs, Excel, and handwritten notes Why this problem resonates "across the board" from beginners to professionals Connect with Dylan: https://www.linkedin.com/in/dylan-vaccaro-4450b9140/ Key Quotes:  "The worst developers who time the market right and get lucky in an upscale market will seem like geniuses. But even the best developers in a downward market will seem like a fool." - Dylan Vaccaro Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!  

Fan Mail: Got a challenge digitizing your intake? Share it with us, and we'll unpack solutions from our experience at Cytora.In this special compilation episode of Making Risk Flow, host Juan de Castro revisits our conversations with industry leaders Carl Bach, Johan Slabbert, Bettina Dietsche, Cassandra Vukorep, and others to explore how digital transformation and AI are revolutionising the commercial insurance sector. This episode provides a discussion on efficient operating models, integrating external and historical data for better risk assessment, and balancing automation with human expertise. Our featured guests share insights on scaling AI adoption, building future-ready teams, and tackling the complexities of data standardisation. With a focus on practical implementation and change leadership, this episode offers valuable guidance for insurance professionals navigating the evolving landscape of risk, technology, and human capital.To receive a custom demo from Cytora, click here and use the code 'Making Risk Flow'.Our previous guests include: Bronek Masojada of PPL, Craig Knightly of Inigo, Andrew Horton of QBE Insurance, Simon McGinn of Allianz, Stephane Flaquet of Hiscox, Matthew Grant of InsTech, Paul Brand of Convex, Paolo Cuomo of Gallagher Re, and Thierry Daucourt of AXA.Check out the three most downloaded episodes: The Five Pillars of Data Analytics Strategy in Insurance | Craig Knightly, Inigo 20 Years as CEO of Hiscox: Personal Reflections and the Evolution of PPL | Bronek Masojada Implementing ESG in the Insurance and Underwriting Space | Simon Tighe, Chaucer, and Paul McCarney, Moody's

The Chrisman Commentary Daily Mortgage News Podcast delivers timely insights for mortgage lenders, loan officers, capital markets professionals, and anyone curious about the mortgage and housing industry. Hosted by industry expert Robbie Chrisman, each weekday episode breaks down mortgage rates, lending news, housing market trends, capital markets activity, and regulatory updates with insightful analysis, expert perspectives, and conversations with top professionals from across the mortgage industry. Stay informed, gain actionable insights, and keep up with developments in mortgage banking and housing finance. Learn more at www.chrismancommentary.com.In today's episode, we go through MBA's latest origination figures and estimates. Plus, Robbie sits down with Guideline Buddy's Marc Hernandez for a discussion on AI-powered tools designed to bring instant clarity and confident decision-making to mortgage guidelines, helping industry professionals structure loans faster and more accurately, combining human-in-the-loop intelligence with plans for broader tech integration and white-label partnerships. And why have mortgage rates actually gone up since the Fed cut its overnight rate?This week's podcasts are sponsored by BeSmartee, the most innovative mortgage technology platform for banks, credit unions, and non-bank mortgage lenders. 

Send us a textNick Fusco = CEO at PM Insights, a pre-IPO secondary market pricing company…X - @TheFuscoKid…LinkedIn - www.linkedin.com/in/nickfuscoEvan Cohen = Founder/COO of withVincent.com, a media company focused on alternative investments…X - @evvcohen…LinkedIn - www.linkedin.com/in/evcohenClint Sorenson = Chief Investment Officer at WealthShield, an outsourced CIO and investment research company…X - @clint_sorenson…LinkedIn - www.linkedin.com/in/csorensoncfacmtAaron Dillon = Managing Director of AG Dillon Funds, pre-IPO stock investing for RIAs…X - @AaronGDillon…LinkedIn - www.linkedin.com/in/aarondillonnyc

 Speed & EfficiencyAI Underwriting:Processes applications in seconds to minutes.1.Can instantly pull data from multiple sources (credit reports, bank statements, income verification, property valuations, etc.).Ideal for high-volume, standardized cases.Human Underwriter:Takes hours to days, depending on complexity.Manually reviews documents, contacts third parties, and applies professional judgment.Slower, especially for complex or edge cases.2. Data HandlingAI:Uses algorithms and machine learning to analyze massive datasets.Can detect patterns humans might miss (e.g., spending behavior, alternative data like utility payments, even digital footprints in some markets).Human:Relies on traditional documentation (pay stubs, tax returns, appraisals).Limited by human bandwidth—can't process as much raw data at once.3. Consistency & BiasAI:Decisions are consistent with its rules and training data.However, if the data it's trained on is biased, the system can replicate or even amplify those biases.Human:Brings subjective judgment. Can weigh special circumstances that don't fit a neat rule.Risk of inconsistency—two underwriters might interpret the same file differently.May have unconscious bias, but also flexibility to override rigid criteria.4. Risk AssessmentAI:Excels at quantifiable risks (credit scores, loan-to-value ratios, historical claim data).Weak at unstructured or nuanced factors (e.g., a borrower with an unusual income stream, or a claim with unclear circumstances).Human:Strong at contextual judgment—understanding unique borrower situations, exceptions, or “gray areas.”Can pick up on red flags that an algorithm might miss (e.g., forged documents, conflicting information).5. Regulation & AccountabilityAI:Regulators are still catching up. Requires transparency in decision-making (explainable AI).Hard to appeal an AI decision if it can't explain its reasoning clearly.Human:Provides a clear chain of accountability—borrower can request explanations or escalate.Easier for compliance teams to audit decision-making.6. Cost & ScalabilityAI:Scales cheaply—one system can process thousands of applications simultaneously.Lower ongoing labor costs once implemented.Human:Labor-intensive, costs grow with volume.Better suited for complex, high-value, or unusual cases rather than mass processing.✅ Bottom line:AI underwriting is best for speed, scale, and straightforward cases.Human underwriters are best for nuanced judgment, exceptions, and handling edge cases.Most modern institutions use a hybrid model: AI handles the bulk of simple files, while humans step in for complex or flagged cases.tune in and learn https://www.ddamortgage.com/blogdidier malagies nmls#212566dda mortgage nmls#324329 Support the show

What happens when you stop trying to do everything yourself and start focusing on your superpower while building a team around your weaknesses? In this continuation episode, Sean shares how he and his wife transitioned from their kitchen table retirement crisis to successfully closing multiple general partnership deals within months. He explains the power of persistence, finding the right coaching, and building complementary partnerships where each person focuses on their strengths. Angel reveals her approach to being upfront about not doing underwriting while excelling at investor relationships, and how this honesty actually builds more trust than trying to fake expertise. This conversation explores team dynamics, the importance of great communication (highlighting standout sponsors), and practical wisdom about prioritization and managing stress in high-pressure deal situations. [00:01 - 05:00] The Power of Persistence and Coaching Why daily practice and persistence are essential for mastering real estate skills How coaching helps you go "faster, sooner" and avoid expensive mistakes The kitchen table moment that led Sean from passive investor to general partner [05:01 - 10:00] Finding Your Superpower and Being Honest About Weaknesses Angel's approach: "Underwriting is not my thing, but I can get you in touch with the guy who it is" How honesty about limitations builds more investor trust than fake expertise Sean's wife as the organizational backbone keeping him on track [10:01 - 16:00] Building Complementary Teams and Extended Networks Why you need team members who can diplomatically handle difficult conversations How different roles (asset managers, underwriters, brokers) speak different "languages" The importance of having liquidity on the team for upfront expenses and emergencies [16:01 - 21:00] Communication Excellence and Prioritization Why Elaine Viegas, Daniel Canterbury, and Don Naim excel at investor communication Learning prioritization by studying how great sponsors handle crises Sean's grandmother's wisdom: worry about what you can control, pray about what you can't Connect with Sean Griffith: https://www.linkedin.com/in/shawn-griffith/ Key Quotes:  "We react to things like it's a life or death situation. And it's usually not... how much stuff these days is really life or death?" - Angel Williams Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!  

Shante Duffy recently joined the Call The Underwriter team! In this podcast episode, Dan sits down with Shante Duffy to talk about her journey in real estate investing and loan servicing. From starting as an administrative assistant to managing assets, Shante shares how her career has evolved and what inspired her to join Dan's team to learn the underwriting process. Together, they dive into the key differences between loan origination and servicing—touching on compliance, borrower interactions, and the challenges of managing loans throughout their lifecycle. Shante also reflects on her experiences in the note investing space and looks ahead to exciting plans for team growth, including expansion into non-QM lending and licensing in new states. Want to create your own seller-financed notes? MAKE SURE YOUR NOTES ARE SELLABLE, VALUABLE, AND COMPLIANT: https://calltheunderwriter.com/ Are you Ready to work with Dan to learn how to invest in notes yourself? COMPREHENSIVE NOTE BUYING COURSE: https://www.notelaunchpad.com  

Every year for the past four years I have been lucky enough to be given time with Richard Brindle at the opening of the Monte Carlo Rendezvous and every year we have had the sort of conversation that helps set the tone for the rest of the gathering and indeed the rest for the calendar year and into the next. This year was no exception. As ever, Richard was forceful, unambiguous and direct on all topics, from the state of the market and the growth opportunities within it to what The Fidelis Partnership has learnt from its experience with the Russia-Ukraine Aviation War losses and the California wildfires. Richard was joined by John-Paul O'Hare, the Fidelis Partnership's Group Director of Underwriting. As the discussion took flight and encompassed subjects as diverse as the Application of Ai and algorithmic underwriting to the insurance work ethic, service levels and the return to the office, John-Paul held his own. As a result I can highly recommend this episode for an original and uncompromising view on the opportunities and threats facing the global specialty insurance and reinsurance markets in 2026 and beyond. NOTES: Pine Walk has 16 cells signed up, of which 13 are currently active and is expected to write $1.2bn in premium in 2026. LINKS: We thank our naming sponsor AdvantageGo: https://www.advantagego.com

Successful insurers have always been in the business of gaining a competitive edge in the form of better information and intelligence. Going right back to the days of early marine underwriters funding improved communication between global ports and ship operators, the best players have always made sure they had the clearest possible view of the risk in front of them both, at a granular, individual level and then at the portfolio level. But there's more to it than that. The most successful underwriters today are now able to do all of their analysis and assessment at the sort of speed that would have been impossible even a decade ago. Because they can cut turnarounds from days to minutes they can hugely increase the number of submissions they can handle and therefore greatly improve their chances of selecting the best and most optimally profitable risks for their portfolios. It's clear that with the advent of smart underwriting workbenches that enable underwriting teams and their managers to blend multiple information sources and better dissect and digest risk, we are in the middle of a revolution in the way that underwriting is handled. So join me, Ali Shahkarami Head of Risk Data Solutions - Insurance & Public Sector at Swiss Re (pictured, Bottom) and Simon Fagg, Global Head of pre-Sales Solutions at AdvantageGo (pictured, Top) as we explore what the new benchmark for quality underwriting is going to look like in the digital age. The business unit that Ali runs is at the cutting edge of risk information, providing definitive resources such as CatNet to the global market and Simon is an underwriter who has developed his career to become a pre-eminent advocate of the application of technology to the underwriting process. Between these two excellent guests we have all the expertise we need and what follows is lively and enlightening discussion that will leave you in no doubt as to the industry direction of travel and what you need to do to position your business for differentiated growth in the coming years. LINKS https://www.advantagego.com www.swissre.com

The Chrisman Commentary Daily Mortgage News Podcast delivers timely insights for mortgage lenders, loan officers, capital markets professionals, and anyone curious about the mortgage and housing industry. Hosted by industry expert Robbie Chrisman, each weekday episode breaks down mortgage rates, lending news, housing market trends, capital markets activity, and regulatory updates with insightful analysis, expert perspectives, and conversations with top professionals from across the mortgage industry. Stay informed, gain actionable insights, and keep up with developments in mortgage banking and housing finance. Learn more at www.chrismancommentary.com.In today's episode, we go through where mortgage rates could go from here (hint: up or down). Plus, Robbie sits down with Gateless' Mike Brown for a discussion on how lenders can overcome application surges by automating key underwriting tasks in real time, reducing costs, accelerating approvals, and enabling scalable growth without added headcount. And we close by looking at what to expect now that the Fed has begun loosening monetary policy.CreditXpert is the all-new credit optimization platform that helps you close more loans. CreditXpert is committed to making homeownership more accessible andaffordable for ALL.

In this episode of the Real Estate Pros podcast, host Erika speaks with Ray Woods, a successful real estate investor. Ray shares his journey from a small town in Mississippi to becoming a prominent figure in the real estate market. He discusses the importance of building relationships, navigating different markets, and the common misconceptions surrounding multifamily investing. Ray emphasizes the need for financial stability before diving into real estate and shares valuable lessons learned from challenges faced along the way. He also outlines his future goals and strategies for scaling his real estate business.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

In this conversation, Ben Nelson, co-founder of Wild Oak Capital, shares his journey from the action sports industry to real estate syndication. He discusses the importance of building relationships, understanding the underwriting process, and focusing on value-add investments in the multifamily housing sector. Ben emphasizes the significance of investor relations and the unique approach his team takes in raising capital and managing assets. He also outlines their geographic focus and the types of investors they attract, highlighting the long-term vision of their investment strategy.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Welcome back to the Alt Goes Mainstream podcast.Today's episode is with one of the executives who has helped to build one of the industry's leading alternative asset managers.We sat down in Permira's London office with Co-CEO Dipan Patel to discuss the firm's evolution and how the business has grown to over €80B in AUM.Dipan brings a deep background in private equity investing to bear as he and his Co-CEO Brian Ruder now lead the firm through its next phase of growth.Dipan joined Permira from Gores Group and is Co-Managing Partner and Co-CEO of the firm. He serves on Permira Holdings Limited Board and Permira's Investment Committee and Executive Committee. He's focused on technology and services investing, working on deals such as Renaissance Learning, Informatica, Axiom, AllTrails, Ancestry, LegalZoom, and more.Dipan and I had a thought-provoking conversation about what it takes to build and run a scaled alternative asset manager and how to differentiate a firm and a culture. We discussed:The founding story of Permira and the evolution of the firm since spinning out of Schroder Ventures in 1996.How the firm's beginnings have shaped the culture that has been built and how that culture has permeated how they make investment decisions, work with companies, founders, and LPs.How would an LP underwrite Permira's culture?How the firm's European heritage helps as an investor.The opportunity set in Europe.The investment culture at Permira and how its structure and set up helps investment processes and decision-making.Why software buyouts have become a larger part of the buyout investing landscape.How AI is impacting software investing and how AI is impacting services businesses.Why the firm has expanded into credit.The thought process behind launching a wealth solutions business, Permira Wealth, and how it reflects the culture of the firm.Thanks Dipan for coming on the show to share the evolution of Permira and your expertise and wisdom in private markets.A word from AGM podcast sponsor, Ultimus Fund SolutionsThis episode of Alt Goes Mainstream is brought to you by Ultimus Fund Solutions, a leading full-service fund administrator for asset managers in private and public markets. As private markets continue to move into the mainstream, the industry requires infrastructure solutions that help funds and investors keep pace. In an increasingly sophisticated financial marketplace, investment managers must navigate a growing array of challenges: elaborate fund structures, specialized strategies, evolving compliance requirements, a growing need for sophisticated reporting, and intensifying demands for transparency.To assist with these challenging opportunities, more and more fund sponsors and asset managers are turning to Ultimus, a leading service provider that blends high tech and high touch in unique and customized fund administration and middle office solutions for a diverse and growing universe of over 450 clients and 1,800 funds, representing $500 billion assets under administration, all handled by a team of over 1,000 professionals. Ultimus offers a wide range of capabilities across registered funds, private funds and public plans, as well as outsourced middle office services. Delivering operational excellence, Ultimus helps firms manage the ever-changing regulatory environment while meeting the needs of their institutional and retail investors. Ultimus provides comprehensive operational support and fund governance services to help managers successfully launch retail alternative products.Visit www.ultimusfundsolutions.com to learn more about Ultimus' technology enhanced services and solutions or contact Ultimus Executive Vice President of Business Development Gary Harris on email at gharris@ultimusfundsolutions.com.We thank Ultimus for their support of alts going mainstream.Show Notes00:00 Introduction to our Sponsor, Ultimus01:55 Welcome Back to the Alt Goes Mainstream Podcast02:03 Introduction to Permira and our guest, Dipan Patel03:47 Discussion on Distributions and Market Conditions04:19 Selling A-Grade Businesses in Current Market05:03 Flight to Quality in Times of Stress06:07 Reflecting on Career and Lessons Learned06:29 Early Career Experiences at Arthur Andersen and Lehman Brothers07:29 Impact of Early Career on Leadership Style09:04 Challenges in Today's Investment Environment10:15 Underwriting in Unpredictable Times10:45 Locating Good Companies for Investment14:31 Importance of Market Leadership14:59 Partnering with Founders and Executive Teams16:22 Permira's Co-Leadership Model19:49 Investment Decision Process at Permira21:02 Underwriting Character in Executives22:54 Permira's Organizational Character and Culture23:29 Understanding Organizational Culture23:54 Thriving in Chaos: The Concept of Anti-Fragility24:51 Capital Flows in Private Markets25:26 Developing Investment Theses25:54 Strategic Exit Channels26:24 Supply Creates Its Own Demand27:24 The Necessity of Access to Private Markets28:10 Managing Stress Moments in Private Markets28:50 Navigating Industry Evolutions29:20 Focusing on Core Strengths30:09 Balancing Growth and Differentiation31:21 Investing in Growth and Buyout Businesses32:26 Synergies Between Growth and Mature Businesses33:38 Risk Spectrum in Investments34:27 Understanding Runway and Market Position35:42 Disruption vs. Destruction in AI36:49 Investing in Platform Shifts37:58 Control and Duration in Private Equity39:08 The Role of AI in Incumbent Success40:25 Cultural Adaptability to AI42:21 Specialism vs. Generalism in Investing43:56 Professional Services and AI45:27 Future Investment Ideas46:34 Mission Critical Investing47:28 Conclusion and Final ThoughtsEditing and post-production work for this episode was provided by The Podcast Consultant.

What does it really take to underwrite a multifamily deal, and how can passive investors use underwriting knowledge to sharpen their due diligence? In this episode, Jeannette Friedrich sits down with Jason Williams, Chief Underwriting Officer at Ironclad Underwriting and co-founder of The Academy Presents, to unpack how underwriting works, what red flags to watch for, and how investors can make smarter decisions. Key Takeaways: - Why underwriting is never “finished” and how models evolve with market cycles, lending parameters, and investment strategies - Practical advice for passive investors on whether (and how) to learn underwriting versus leaning on experts - Common red flags to recognise, from unsustainable rent growth assumptions to underfunded reserves - The importance of stress testing and sensitivity analyses when evaluating projections - How insurance, labour, and other operating costs should be approached realistically through third-party insights - Lessons from deals that looked strong on paper but underperformed in practice, and why betting on the operator is as critical as the numbers - Best practices for aligning underwriting with asset management to ensure business plans translate into real results Are you REady2Scale Your Multifamily Investments? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com. Credits Producer: Blue Lake Capital Strategist: Syed Mahmood Editor: Emma Walker Opening music: Pomplamoose *

In this episode of Durable Value, we take you behind the scenes of our recent acquisition—the Elk Grove Industrial Complex in Sacramento, CA. Discover how we sourced the deal, why this property stood out, and the strategies we use to unlock value in multi-tenant industrial assets. We discuss market dynamics, the importance of fresh eyes, and how private ownership creates ongoing opportunities for value-add investors. Whether you're a real estate professional or an investor, this episode is packed with actionable insights and real-world examples.Timestamps:00:00 - Introduction00:19 - The Power of Marketing: How We Source Deals00:37 - Building Broker Relationships & Off-Market Opportunities01:29 - First Impressions: The Pitch and Initial Call03:03 - Underwriting and Offer Process03:21 - Seller Background and Property Condition04:01 - Buying from Private Owners vs. Institutional Sellers04:24 - Rent Growth and Market Opportunity04:50 - Business Plan Execution: Managing Lease Rollovers05:23 - Maintaining Occupancy in a Softening Market05:50 - How to Find Great Deals in Secondary Markets06:16 - The Perpetual Value-Add Cycle in Industrial Real Estate06:37 - Navigating Market Complexity: Tariffs, Inflation, and Supply07:03 - The Value of Vertical Integration and Property Management07:43 - Closing

In this episode, Craig McGrouther and I dive deep into the nuances of "above the line" and "below the line" expenses in multifamily underwriting. We explain how the "line" is Net Operating Income (NOI), with operating expenses like payroll and insurance sitting above, while CapEx and debt service fall below. I reveal the art behind these classifications and how a unit renovation could be coded as either R&M (above) or CapEx (below) depending on interpretation, affecting the property's apparent NOI and cap rate. Using their current deal as an example, they show why contract services dropped from $127K to $57K and how they're handling bulk WiFi implementation. The key insight: every sponsor underwrites differently, and sophisticated buyers/lenders understand these financials are normalized to each party's standards. This is essential knowledge for anyone evaluating multifamily investments.Learn more about LSCRE:www.lscre.com 

Join Jen Josey on the REIGN Podcast as she welcomes Lane Kawaoka, a multifamily real estate syndication expert with over a decade of experience and 10,000+ units under management. In this episode, Lane shares his journey from engineering to real estate investing, and reveals how he scaled from single-family rentals to large multifamily deals. You'll learn actionable strategies for identifying trustworthy property managers, overcoming financing obstacles, joining investment groups, and diversifying your portfolio. Lane also breaks down his Wealth Elevator approach—perfect for accredited investors looking to achieve financial freedom through passive real estate investing.   Episode Highlights: Transitioning from single-family to multifamily investments How to find and vet property managers The Wealth Elevator strategy for accredited investors Overcoming financing barriers in real estate Advice on joining investment groups and diversifying your portfolio Lessons from family offices and the importance of underwriting Lane's success mindset and mentorship tips Timestamps: 00:00 – Introduction to REIGN 01:01 – Badassery Bestowal: Business Bank Accounts 03:31 – Guest Introduction: Lane Kawaoka 05:33 – Lane's Journey: Engineering to Real Estate 18:31 – Scaling Up: Single Family to Multifamily 27:57 – Transitioning to Multifamily 28:31 – Overcoming Financing Barriers 29:12 – Joining Investment Groups 30:03 – Diversifying Investments 32:17 – Understanding the Wealth Elevator 34:07 – Learning from Family Offices 35:27 – Importance of Underwriting 41:29 – Advice and Mentorship 44:13 – Goals and Aspirations 47:38 – Defining Success 48:10 – Final Thoughts and Contact Info   Ready to elevate your real estate investing? Hit subscribe for weekly episodes packed with expert interviews, actionable tips, and proven strategies. If you enjoyed today's show, leave a review and share your favorite takeaway!   Until next time, REIGN Nation—go out there and share YOUR Badassery. Don't forget…make it a great day! Take care! Bye bye…Whoop Whoop!   To learn more about Jen Josey, visit https://www.therealjenjosey.com/ To join REIGN, visit https://www.reignmastermind.com/ Stuff Jen Josey Loves: https://www.reignmastermind.com/resources Buy Jen Josey's Book: From Beginner to Badass: https://a.co/d/bstKlby Interested in growing your rental portfolio with Jen as your coach? Check out Rental Property Pro: https://rentalproppro.com/booking?am_id=reign

What shaped Related California's approach to housing, and how has it adapted across market shifts? William A. Witte and Gino A. Canori (Related California) join Richard K. Green (USC Lusk Center for Real Estate) to reflect on more than three decades of development, from pioneering uses of tax-exempt bonds to navigating today's capital markets. The conversation begins with policy and finance, including tax credits, bond cap programs, and the long-term value of rehab versus new construction, before moving to operations, the shifting geography of multifamily demand, and today's market reset. Highlights include: - How Related carved out a niche by combining market-rate housing with affordable units under the 80/20 program - Post-COVID shifts in multifamily demand from urban cores to suburban, amenity-rich destinations. - Underwriting is still absorbing the spike in insurance and labor costs while the new normal continues to emerge. - Signs of recovery in San Francisco leasing and investment. -The economics and operational tactics of managing mixed-income buildings. More: http://lusk.usc.edu/perspectives

On this week's episode of Next Level CRE, Matt Faircloth interviews Mike Roeder. They dig into lessons from scaling Granite Towers Equity Group, including why words matter at the property level and how third-party teams should embody owner values. Mike breaks down risk controls like raising CapEx up front instead of out of cash flow, screening hard for delinquency and true affordability, and favoring 1980s–2000s assets with seven-year fixed-rate debt. He also shares hands-on asset management plays, from incentivized collections specialists and secret shopping to revenue boosts like monetizing structured parking and bulk Wi-Fi. Mike RoederCurrent role: Co-Founder & Managing Partner, Granite Towers Equity Group. Based in: Central Minnesota. Say hi to them at: https://www.granitetowersequitygroup.com/ | Instagram | YouTube This is a limited time offer, so head over to aspenfunds.us/bestever to download the investor deck—or grab their quick-start guide if you're brand new to oil and gas investing. Visit investwithsunrise.com to learn more about investment opportunities.  Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com with code BESTEVER Get a 4-week trial, free postage, and a digital scale at ⁠https://www.stamps.com/cre⁠. Thanks to Stamps.com for sponsoring the show! Join the Best Ever Community  The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria.  Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at ⁠www.bestevercommunity.com⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of the Investor Fuel podcast, host Michelle Kesil interviews Luke Chece, a real estate agent and app developer, about his innovative app, Riva. The app serves as a real estate evaluation assistant, designed to help investors analyze properties efficiently. Luke shares insights into the app's features, the journey of its development, and the role of AI in enhancing real estate investment decisions. He emphasizes the importance of providing value to investors and aims to empower them with tools that streamline the investment process.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

In this conversation, Sam Elwood shares his journey from bartending to becoming a real estate investor and tech entrepreneur. He discusses his first real estate deal, the challenges he faced in the acquisition process, and how he transitioned into the tech space with his company, Riva, which focuses on AI-powered real estate underwriting. Sam emphasizes the importance of resilience and adaptability in his career, and he highlights the potential of technology to revolutionize the real estate industry.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Venture capital visionary Winter Mead joins Sophie to unravel the complex yet rewarding landscape of venture capital and private equity. Discover the powerful insights from industry-specific literature like "Beyond the J Curve" and how these works reshape our comprehension of financial systems. Sophie's conversation with Winter reveals his unique path from a multifamily office to founding Coolwater Capital, and his mission to empower emerging managers in the VC space with a robust three-pronged approach. Winter Mead is the Founder and Managing Member of the investment firm Coolwater Capital, which exclusively focuses on emerging managers and technology investments. Coolwater is an academy for training, building, and scaling emerging managers, a curated community of VC investors and early-stage investment specialists, and an investment firm. Coolwater has helped launch over 250 emerging managers in the last four years, establishing strong ties and trust with these managers, who form the foundation of the Coolwater community. In this episode, you'll hear about: Winter Mead's journey from a multifamily office to founding Coolwater Capital Empowering emerging VC managers with a three-pronged approach: accelerator, back office, and capital support Transitioning from angel investor to fund manager; differences in responsibilities and challenges The role of AI in venture ecosystems and its impact on early-stage investing Importance of personal connections in venture capital despite technological advancements Coolwater Academy's resources for fund managers focusing on fundraising and launching funds Follow and Review: We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. Supporting Resources: Linkedin - https://www.linkedin.com/in/wintermead/ Website - https://www.wintermead.com/ Coolwater website  https://howtosetupaventurecapitalfund.com/  Alcorn Immigration Law: Subscribe to the monthly Alcorn newsletter Sophie Alcorn Podcast: Episode 16: E-2 Visa for Founders and Employees Episode 19: Australian Visas Including E-3 Episode 20: TN Visas and Status for Canadian and Mexican Citizens Immigration Options for Talent, Investors, and Founders Immigration Law for Tech Startups eBook

Welcome back to the Alt Goes Mainstream podcast.Today's episode dives into the evolution of infrastructure investing with the leading scaled specialist firm in infrastructure.We sat down in Stonepeak's Hudson Yards office with the firm's Co-President Luke Taylor to discuss the inner workings of the infrastructure investing world and unpack the story of how Stonepeak's rapid ascent has seen the firm climb to $76.3B in AUM in 14 short years.Luke brings a wealth of experience to the infrastructure investing world. He is Co-President of Stonepeak and a member of all of the firm's investment committees. He's been investing in infrastructure for over 20 years, joining Stonepeak from infrastructure investing pioneer Macquarie Capital.Luke and I had a fascinating and thought-provoking discussion about infrastructure investing and why it's becoming an increasingly important part of the private capital ecosystem. We covered:How Luke went from growing up on a sheep farm to investing in infrastructure in New York.What Macquarie taught him about how to approach infrastructure investing.Why he took the entrepreneurial leap to build Stonepeak and join Chairman, CEO, and Co-Founder Mike Dorrell from the firm's earliest days.Why infrastructure investing is more than toll roads, airports, and bridges.How there are elements of a private equity approach to investing in, building, and operating infrastructure assets.Where infrastructure fits in an investors' portfolio.Why individual investors should consider exposure to infrastructure assets.Has infrastructure proved itself through an inflation cycle?Why scale matters in infrastructure investing.How Stonepeak identified investing in data centers early on and well before the data center boom began.What type of demeanor and mindset makes for a successful infrastructure investor.Thanks Luke for coming on the show to share your expertise, wisdom, and passion for infrastructure investing.A word from AGM podcast sponsor, Ultimus Fund SolutionsThis episode of Alt Goes Mainstream is brought to you by Ultimus Fund Solutions, a leading full-service fund administrator for asset managers in private and public markets. As private markets continue to move into the mainstream, the industry requires infrastructure solutions that help funds and investors keep pace. In an increasingly sophisticated financial marketplace, investment managers must navigate a growing array of challenges: elaborate fund structures, specialized strategies, evolving compliance requirements, a growing need for sophisticated reporting, and intensifying demands for transparency.To assist with these challenging opportunities, more and more fund sponsors and asset managers are turning to Ultimus, a leading service provider that blends high tech and high touch in unique and customized fund administration and middle office solutions for a diverse and growing universe of over 450 clients and 1,800 funds, representing $500 billion assets under administration, all handled by a team of over 1,000 professionals. Ultimus offers a wide range of capabilities across registered funds, private funds and public plans, as well as outsourced middle office services. Delivering operational excellence, Ultimus helps firms manage the ever-changing regulatory environment while meeting the needs of their institutional and retail investors. Ultimus provides comprehensive operational support and fund governance services to help managers successfully launch retail alternative products.Visit www.ultimusfundsolutions.com to learn more about Ultimus' technology enhanced services and solutions or contact Ultimus Executive Vice President of Business Development Gary Harris on email at gharris@ultimusfundsolutions.com.We thank Ultimus for their support of alts going mainstream.Show Notes00:00 Introduction and Sponsor Message01:18 Podcast Opening and Theme01:55 Episode Overview: Infrastructure Investing02:04 Guest Introduction: Luke Taylor02:45 Luke Taylor's Background and Journey04:49 Early Days at Macquarie07:19 Transition to Stonepeak08:04 Building Stonepeak 10:13 Value Creation in Infrastructure11:59 Mindset of an Infrastructure Investor13:08 Balancing Long-Term and Agile Thinking15:42 Key Drivers of Value Creation16:10 Underwriting and Risk Management18:00 Operational Intensity and Asset Utilization21:51 Network Effects in Infrastructure23:19 Infrastructure as a Defensive Investment26:13 Portfolio Construction and Infrastructure26:39 Private Infrastructure and Yield Benefits27:29 Productizing Infrastructure Investments27:41 Equity, Credit, and Real Estate Strategies29:23 Thematic and Opportunistic Investing29:53 Data Centers and Early Investments30:06 Identifying Investment Opportunities30:14 Evolution of Data Centers30:58 Interconnection Hubs and Carrier Hotels31:32 AI Boom and Data Centers33:22 Investing in AI Through Infrastructure34:42 Underwriting AI Thematics35:04 Capital Needs in Data Centers35:32 Downside Protection in AI Investments36:49 Navigating Increased Capital in Infrastructure37:35 Durability of Cash Flow in Infrastructure38:40 Scaling Stonepeak's Infrastructure Investments39:18 Diversification in Infrastructure Investments41:47 Developing an Edge in Origination42:36 Structural Elements in Deal Sourcing42:57 Competition and Market Structure43:26 New Entrants in Infrastructure43:44 Building New Assets in Infrastructure43:54 Exits and Evergreen Funds46:27 Private Wealth and Infrastructure51:25 Challenges in Starting a Wealth Business51:51 Deal Flow and Product Construction53:50 Volatile Markets and Opportunities54:20 Interest Rate Risks in Infrastructure55:18 Favorite Infrastructure Opportunities57:01 Closing Thoughts and Full CircleEditing and post-production work for this episode was provided by The Podcast Consultant.

Shake Off the Market Jitters: How to Get Great Returns Passively Through Non-Performing Notes! Feeling uneasy about the market? Want a truly passive real estate strategy? This episode is for you! Jonathan Hayek interviews Scott Carson, founder of We Close Notes, to unlock the secrets of non-performing note investing in today's uncertain market. Learn how to generate amazing returns by rehabbing borrowers, not properties!In this episode, you'll discover:Why Market Uncertainty Creates Opportunity: Why a distressed market is a note investor's playground.What are Non-Performing Notes? A breakdown of what they are, how they are sourced, and how to get the biggest discounts.Scott Carson's Background: How Scott built his real estate investment business and made connections with banks and asset managers.The Note Investing Strategy: Buying mortgage debt direct from banks on both residential and commercial properties.Preferred Note Types: Why Scott focuses on first position liens.Avoiding States With Lengthy Foreclosure Time Frames: New York, New Jersey, and Chicago.How to buy notes: What types of lenders and locations to consider for opportunities.Community Banking: Why community banks are the perfect partners for deals under $10 million.Scott's Process For Sourcing Deals:Using electronic files and PDF's to gather informationCash Flow Potential, Occupancy Rate, and LocationThe Importance of Due Diligence: The steps to protect your investment.Scott's Three PayDay Systems:Getting Cash flowSelling the Note or RefinancingForeclosingBuilding Relationships: with vendors, brokers, investors and lenders.Common Mistakes for Newbies: How to double-check taxes and insurance in the correct way.The Mindset of a Successful Note Investor: Why you need to understand the market and be the banker.Getting Started on a Small Scale: Pro tips for beginners.The Power of a LinkedIn Profile: Why a complete LinkedIn profile passes the "smell test" with lenders.Building a Team: How to partner with servicers and other professionals.How to contact banks What is the contact information for banks in charge of real estateGetting High Returns: Why investors should be expecting a return of 14% to 15%.Stop being shaken by market volatility! Tune in now to discover the power of non-performing note investing and create a truly passive income stream. Connect with Scott:https://weclosenotes.com/https://www.linkedin.com/in/1scottcarson/ Click to Access the Southwest Airlines 100,000 Point OfferEmail Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*Some or all of the show notes may have been generated using AI tools.

Nationwide's John Anthony, SVP, Contract P&C and Excess, E&S Wholesale, discusses advanced data use in E&S underwriting. In this episode, we dive deep into advancements in data analysis in underwriting in excess and surplus lines. We discuss how the evolution of third-party data and the use of AI have helped turn raw data into usable information, change management and barriers to implementing advanced technology in underwriting, and what's on the horizon in this changing field.

Cybersecurity Today: Navigating AI Advancements and Future Trends In this episode of 'Cybersecurity Today,' host Jim Love and panelists Tammy Harper, Laura Payne, and David Shipley discuss recent developments in cybersecurity, shifting focus to AI's impact on the industry. They explore emerging threats such as AI-generated ransomware and the efficiency of exploiting vulnerabilities using AI. The conversation emphasizes the need for improved policy and regulation, the role of MFA in safeguarding systems, and the implications of youth unemployment due to AI disruption. Predictions for the coming year include the necessity for better legislation, ethical considerations in AI deployment, and the continued importance of maintaining fundamental cybersecurity measures amidst rapid technological advances. 00:00 Introduction and Overview 00:36 Meet the Panelists 02:32 New Cybersecurity Awareness Platform 05:07 Biometric Guidance and Privacy 13:04 AI-Driven Exploits and Security Challenges 22:21 Hack Back Legislation Debate 30:21 MFA Implementation and Insurance Implications 36:30 Understanding the Role of Underwriting in Insurance 36:58 The Importance of Cybersecurity in Insurance 37:43 Scenarios and Broker Consultations 38:57 The Scattered Spiders and Cybersecurity Threats 43:07 Youth Unemployment and Cybersecurity 44:43 The Rise of Social Engineering 47:47 AI and Its Implications 49:28 The Future of AI and Cybersecurity 50:45 Challenges and Solutions in AI Security 51:09 Final Thoughts and Recommendations

Are you still hearing people say “pencils down”? Let's get real—if you're in this game, you can't afford to step back from underwriting. In today's episode, Nico breaks down why the “pencils down” mindset is a rookie move, and why sharpening your underwriting skills through every cycle is what separates real players from pretenders. You'll learn: What “pencils down” actually means—and why it's dangerous for investors Why underwriting deals daily keeps you sharp and market-aware The key metrics every investor should master (cash-on-cash, IRR, AAR, equity multiple) How refinances can fuel your returns—tax free Why Nico's Multifamily Deal Blade is designed to help you underwrite every deal with clarity and confidence Whether the market is up, down, or sideways—you can't sit this one out. Stay informed, stay dangerous, and keep sharpening your axe.

Built primarily for institutional-grade clients,  Pareto delivers customizable on-chain credit markets designed to expand DeFi liquidity and TradFi tokenization through structured yield strategies tailored to diverse risk profiles. Pareto allows its users to construct individualized credit lines in specific risk-ajusted tranches, with custom: interest rates, lockup periods, withdrawal cycles, reserve ratios, etc. In addition, Pareto's USP is an yield-bearing synthetic stablecoin, fully backed by major stablecoins, that can be deployed into a diversified portfolio of liquid, short- and long-term credit, thus increasing capital efficiency.Topics covered in this episode:Matteo's backgroundIdle Finance yield optimizationPivoting to ParetoInstitutional borrowers in early DeFiCompetitive advantage of ParetoOutsourcing underwritingManaging defaultsCustomized lendingKYC requirementsTimeline terms ‘marketplace'USP, Pareto's synthetic yield-bearing dollarLegal framework & credit allocatorsUSP yield, liquidity & integrations‘Opaque' credit vs. DeFiPareto smart contracts and redeemsSuccess in on-chain credit marketsEpisode links:Matteo Pandolfi on XParetoPareto on XIdle Finance on XSponsors:Gnosis: Gnosis builds decentralized infrastructure for the Ethereum ecosystem, since 2015. This year marks the launch of Gnosis Pay— the world's first Decentralized Payment Network. Get started today at - gnosis.ioChorus One: one of the largest node operators worldwide, trusted by 175,000+ accounts across more than 60 networks, Chorus One combines institutional-grade security with the highest yields at - chorus.oneThis episode is hosted by Friederike Ernst.

On today's show we are doing another in the beginner series. The Real Estate Espresso Podcast is unlike other podcasts in that most others are focused on a more entry level audience.  Our listeners are sophisticated. Many of you own large portfolios of apartments. But you also have people in your life who are interested in learning more, but maybe don't have access to high quality information. The idea of sending your spouse to a $199 weekend bootcamp for beginners where they are going to be abused by sleazy sales people sounds unthinkable. So where do they go. Look no further. We are going to dedicate a couple of shows a month to topics that will accelerate the learning for less experienced investors, and might give the most sophisticated investors a new way of explaining a concept that is otherwise complex to describe.Today's show is focused on underwriting where I'm reviewing the underwriting from a new investor who is looking at their first multi-family acquisition. There are numerous pitfalls in underwriting which unless you have the experience, you don't know what you don't know. This project is the first syndication for them and they don't have experience having put together a compliant offering. ------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)   iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)   Website: [www.victorjm.com](http://www.victorjm.com)   LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)   YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)   Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)   Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)  **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)   Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)   Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)  

Fan Mail: Got a challenge digitizing your intake? Share it with us, and we'll unpack solutions from our experience at Cytora.In this episode of Making Risk Flow, host Juan de Castro sits down with Greg Hendrick, CEO of Vantage Risk Companies, to unpack what it takes to build a modern underwriting company from the ground up, right in the middle of a pandemic. Greg reveals how Vantage has grown to $1.2B in equity by combining the best of traditional underwriting expertise with a business-driven risk data technology strategy.From creating an “Opportunity Score” to prioritise submissions, to fostering collaboration between underwriters and data scientists, Greg shares practical strategies for boosting efficiency and culture in a remote-first world. Whether you're an insurance professional embracing digital transformation or a leader refining underwriting workflows, this conversation is packed with lessons on thriving in today's complex risk landscape.To receive a custom demo from Cytora, click here and use the code 'Making Risk Flow'.Our previous guests include: Bronek Masojada of PPL, Craig Knightly of Inigo, Andrew Horton of QBE Insurance, Simon McGinn of Allianz, Stephane Flaquet of Hiscox, Matthew Grant of InsTech, Paul Brand of Convex, Paolo Cuomo of Gallagher Re, and Thierry Daucourt of AXA.Check out the three most downloaded episodes: The Five Pillars of Data Analytics Strategy in Insurance | Craig Knightly, Inigo 20 Years as CEO of Hiscox: Personal Reflections and the Evolution of PPL | Bronek Masojada Implementing ESG in the Insurance and Underwriting Space | Simon Tighe, Chaucer, and Paul McCarney, Moody's

In this conversation, Chris Biddle shares his journey into the RV park business, discussing the unique opportunities and challenges it presents. He highlights the dual nature of RV parks as both affordable housing solutions and luxurious getaways. Chris explains the various revenue streams available in the RV park model, the importance of maintaining a quality experience for guests, and the complexities of underwriting deals in a fragmented industry. He also touches on the maintenance aspects of RV parks and offers insights for aspiring investors.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

We've all heard it: location, location, location. But what does that really mean when you're underwriting multifamily deals—and how should it actually impact your numbers?In this solo episode, I break down the real, tangible differences between buying in a good location versus a bad one—within the same asset class. Drawing from years of operating properties across varying submarkets, I share the operational, financial, and time-management impacts that location has, far beyond the cliché.Join us as we explore:The operational realities of good vs. bad locations (even within the same class)Why vacancy, turnover, and repairs should change in your underwriting based on locationThe “ripple effect” location has on demand, resident retention, and NOIHow location impacts your renovation scope and the rent premiums you can achieveWhy better-located properties often deliver a higher dollar per hour return on your time—even with slightly lower projected IRRsAre you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedinSubscribe to our YouTube channelLearn more about Aligned Real Estate Partners