Podcasts about Underwriting

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

#089: Großrisiken im Griff – der Job als UnderwriterIn dieser Folge von Was macht sprechen wir mit Marie, Underwriterin bei HDI Group. Sie bewertet und kalkuliert Risiken von industriellen Kunden vom Maschinenbau bis zur Chemiebranche und sorgt dafür, dass Versicherungslösungen nicht nur passen, sondern im Schadenfall auch wirklich greifen.Marie gibt uns Einblicke in ihren Werdegang vom ausbildungsintegrierten Studium bis zur Teamleitung und erklärt, was Underwriting im Industrieversicherungsbereich eigentlich bedeutet, welche Skills dafür gefragt sind und wie sich ihre Arbeit zwischen Zahlen, Strategie und Kundenkontakt bewegt.➡️ Was genau macht eine Underwriterin in der Industrieversicherung?➡️ Welche Fähigkeiten sind gefragt – und wie sieht der Karriereweg aus?➡️ Wie läuft der Alltag zwischen Risikoanalyse, Beratung und Vertragsgestaltung ab?

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

The Round Table Series #11: Dealing with Underwriting - Part 2In this council of The Round Table we discuss aspects of navigating through the underwriting process of getting whole life insurance for the purpose of Infinite Banking; both personally and helping clients professionally. To connect with Joe, go to www.10thstreetcapital.comTo connect with Tom, go to www.perennialpride.com To connect with Tricia, go to: www.buildsmartmoney.com or Email IBCTricia@gmail.comTo connect with Bill & Kate, go to: CreatingWealthfromLife.comBill 954.232.2191Kate 954.937.5543Office 561.571.5360To connect with Jdew, go to thebankingbros.comI hope you enjoy and learn!⚔️ “LIVE & LEAVE A LASTING LEGACY”

Being the new-(ish) President of MSA Research is one job, but putting on the most important insurance event in a country is filling some pretty big shoes for Nevina Kishun. With the National Insurance Conference of Canada event happening in 19 days we talk with Nevina about the issues the facing the insurance industry.In this this episode:Where the data says the industry faces it's biggest challengeHow speakers and topics are aligned to industry issuesWhat the insurance industry needs to consider about cross-border issuesWhy the power of networking and building relationships still beats technologyDeclared Interests where Nevina shares one of her biggest fearsWhat it takes to build a conference and keep it relevantNevina does not just have an amazing story to her role as President at MSA Research, she shines as a leader with fresh visions and approach.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Episode Info In this episode, I explore the paradox that is insurance. We buy risk from others, yet we are risk averse ourselves. Looking at the work of underwriters as compared to venture investors, you find that the skillset is actually nearly identical, but it's being deployed in opposite directions. I discuss that, why that might be, and what someone trying to bring innovation and change to insurance should keep in mind given this reality. Episode Highlights This episode is a unique and shorter installment with insights and reflections rather than our normal interview format. The focus is on exploring the concept of risk aversion within the insurance industry and comparing it to the venture capital world. Key Topics Discussed: Risk Aversion in Insurance:I see a paradox of risk aversion in an industry that essentially deals with buying and managing risk. Despite being in the business of risk, the insurance industry tends to be conservative and slow to change. Comparison with Venture Capital:A comparison is drawn between underwriters and venture capitalists, highlighting how both evaluate businesses but from different perspectives. While venture capitalists have a capped downside and potentially unlimited upside, underwriters face a capped upside and potentially unlimited downside. Analogies and Insights:I compare this to the Netflix show "Stranger Things" to describe the contrasting worlds of insurance and venture capital, likening them to the "Upside Down" and the real world. Economic Perspectives:Discussion on the economic frameworks within which underwriters and venture capitalists operate, emphasizing the differences in risk and reward dynamics. Personal Reflections:The episode includes personal anecdotes and reflections on the nature of risk, decision-making, and the psychological aspects of dealing with uncertainty. Conclusion: The episode concludes with a call to embrace conversations about risk and change, encouraging listeners to prepare for and adapt to new challenges in their professional environments. This episode is brought to you by The Future of Insurance book series (future-of-insurance.com) from Bryan Falchuk. Follow the podcast at future-of-insurance.com/podcast for more details and other episodes. Music courtesy of Hyperbeat Music, available to stream or download on Spotify, Apple Music, and Amazon Music and more.

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.

The Round Table Series #11: Dealing with Underwriting - Part 1In this council of The Round Table we discuss aspects of navigating through the underwriting process of getting whole life insurance for the purpose of Infinite Banking; both personally and helping clients professionally. To connect with Joe, go to www.10thstreetcapital.comTo connect with Tom, go to www.perennialpride.com To connect with Tricia, go to: www.buildsmartmoney.com or Email IBCTricia@gmail.comTo connect with Bill & Kate, go to: CreatingWealthfromLife.comBill 954.232.2191Kate 954.937.5543Office 561.571.5360To connect with Jdew, go to thebankingbros.comI hope you enjoy and learn!⚔️ “LIVE & LEAVE A LASTING LEGACY”

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)  

The Signal Beneath the Noise Serious operators obsess over the next print, but my podcast/YouTube guest this week, Bankrate senior economic analyst, Mark Hamrick, argues the industry is missing the structural signals that actually set the cost of capital and shape demand.   Start with this premise: Data credibility is a macro variable.   When the quality of national jobs and inflation statistics is questioned, it is not just an esoteric Beltway quarrel; it becomes a pricing input for Treasuries and, by extension, mortgages, construction loans and exit cap rates.   As Hamrick puts it, the path to good decisions for households, enterprises and policymakers ‘is lined by high quality economic data, most of which is generated by the federal government.' Hamrick's concern is not theoretical. He links the chain plainly: if markets doubt the numbers guiding the Federal Reserve's dual mandate, you can ‘envision a scenario where there's less demand for our Treasury debt,' forcing higher yields to clear supply – an economy‑wide tax that lifts borrowing costs from mortgages to autos and narrows the Fed's room to maneuver.   What Happens If Trust Erodes? The near‑term catalyst for this anxiety is unusual: the Labor Department's head statistician was fired after unfavorable revisions, and an underqualified nominee has floated ideas as extreme as not publishing the data at all. Hamrick's advice for investors and executives is simple: pay attention. This may not break the system tomorrow, but it introduces risk premia where none previously existed.   Through a real estate lens, the translation is straightforward.   Underwriting already contends with volatile inputs on rents, expenses and exit liquidity; add a credibility discount on macro data and your discount rate moves against you. Prudent sponsors should stress‑test deals for a modest upward shock in base rates – an echo of Hamrick's ‘economy‑wide tax' – and consider how thinner debt markets would propagate through construction starts and refis.   Housing's Lock‑In: Inventory, Not Prices, Is the Release Valve The ‘lock‑in effect' remains the defining feature of U.S. housing. Owners sitting on sub‑3% mortgages are rationally immobile, starving resale inventory and suppressing household formation mobility, a dynamic Hamrick equates with today's ‘no hire, no fire' labor market: stable but sluggish churn. Builders fill some of the gap, but affordability remains constrained by national price firmness and still‑elevated mortgage rates relative to the pandemic trough.   What happens if mortgage rates dip to 6.25% or even 5.5%? Don't expect a binary ‘unlock.' Hamrick argues for incremental improvement rather than a light switch: lower rates would expand qualification and appetite gradually, and, crucially, free inventory. He is less worried that cheaper financing simply bids up prices; the supply response from would‑be sellers is the more powerful margin effect.   For operators underwriting for‑sale housing (build to rent or single-family home developments), the tactical read is to focus on markets where latent move‑up sellers dominate and where new‑home concessions currently set the comp stack. He also reminds us of the persistent, national‑level truth: prices have been unusually firm for years; in the U.S., homeownership is still the primary path to wealth – advantage owners, disadvantage non‑owners.   Wealth Transfer: Inequality In, Inequality Out The widely cited $84 trillion Boomer‑to‑GenX/Millennial wealth transfer via inheritance won't repair the middle class. It will mainly perpetuate asset inequality: assets beget assets, and the recipients most likely to inherit are already nearer the ‘have' column. That implies continuing bifurcation in housing demand (prime school districts, high‑amenity suburbs) alongside a renter cohort optimizing for cash‑flow goals rather than equity growth. For CRE, that supports a barbell: high‑income suburban nodes + durable rental demand where incomes grow but deposits lag.   Renting Without Shame and the Budget Reality Check Hamrick is refreshingly direct: there is no shame in renting as, perhaps, there used to be. For many households, renting is a rational bridge to other financial goals; build emergency savings, avoid surprise home maintenance expenses, and keep debt service from getting ‘too far out over your skis.'   For CRE owners, this fortifies the case for professionally managed rental product with transparent total‑cost‑of‑living and flexible lease options. For lenders, it argues for cautious debt-to-income ratios and expense reserves in first‑time buyer programs.   Tariffs, Inflation, and the New Dashboard Hamrick closes with a monitoring list to stay on top of dominant economic trends: labor market strength (monthly employment; weekly jobless claims), the inflation complex (Consumer Price Index (CPI), Producer Price Index (PPI), and Personal Consumption Expenditures index (PCE)), and the full housing tape (mortgage rates, existing/new sales, builder confidence, starts) plus, of course, one political‑economy input now impossible to ignore: tariffs, with the effective rate at the highest level since the Great Depression.   For CRE, tariffs are not an abstract: they seep into materials costs, fit‑out budgets, and the headline inflation path that steers the Fed. Sponsors should build tariff scenarios into Guaranteed Maximum Price (GMP) contingencies and model procurement alternates.   Actionable Takeaways for CRE Professionals Price a credibility premium: Run sensitivities for higher Treasury yields if data trust wobbles; Pay attention to how easily the government can sell its debt and the extra yield investors demand on longer bonds. Both shape interest rates, which then filter into real estate cap rates. Underwrite inventory elasticity, not sticker shock: As rates ease, model inventory release ahead of price spikes; focus on submarkets with pent‑up sellers. Lean into renting's rationality: Product that aligns with household cash‑flow priorities will capture durable demand while affordability resets. Track tariffs as a construction line‑item and macro tailwind to inflation: Feed this into budgets and hold periods. My conversation with Mark really brought home how connected real estate is to the bigger capital markets picture. If you want a sense of where cap rates are heading, keep an eye on the bond market – because that's where the story starts.   *** In this series, I cut through the noise to examine how shifting macroeconomic forces and rising geopolitical risk are reshaping real estate investing.   With insights from economists, academics, and seasoned professionals, this show helps investors respond to market uncertainty with clarity, discipline, and a focus on downside protection.    Subscribe to my free newsletter for timely updates, insights, and tools to help you navigate today's volatile real estate landscape. You'll get: Straight talk on what happens when confidence meets correction - no hype, no spin, no fluff. Real implications of macro trends for investors and sponsors with actionable guidance. Insights from real estate professionals who've been through it all before. Visit GowerCrowd.com/subscribe Email: adam@gowercrowd.com Call: 213-761-1000

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   —--------------------

Fox News star Maria Bartiromo rolled out yesterday another pathbreaking special on the Chinese Communist Party's unrestricted warfare against America.  This one features the Commander of U.S. Space Force, a developer of cutting-edge military technology and other experts assessing the PRC's ominous determination to beat us to the moon – and to use a base there to control access to it and the “cis-lunar” space in between and project power even here on earth.  A key contributor to the show is our colleague, Roger Robinson, who described in a powerful interview with Maria yesterday that – as with myriad other Chinese military programs – the CCP's weaponization of space is being enabled, in part, by unwitting U.S. investors. Mr. Robinson will be unveiling today a report detailing the extent, and dire implications, of this aspect of our insane underwriting of the enemy.  That must stop. This is Frank Gaffney.

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

264 - Mastering Real Estate Syndications with Wayne Courreges III    Welcome to another episode of REIGN, the Real Estate Investor Growth Network podcast, hosted by the incomparable Jen Josey! In this episode, Jen is joined by the badass Wayne Courreges III, founder of CREI Partners, as they delve into the ins and outs of commercial real estate syndications. Wayne manages over $60 million in assets across Texas, Louisiana, and Alabama, helping busy professionals build generational wealth through passive investing. Tune in to learn from Wayne's journey from the Marine Corps to full-time real estate investing, discover actionable tips on leveraging social media for real estate success, and understand the critical underwriting techniques that ensure a deal works. Whether you're new to real estate or a seasoned investor, Wayne's insights and motivational analogies will provide invaluable knowledge and inspiration. Don't miss this exciting and educational episode that could transform your investment strategy!   00:00 Introduction to REIGN and Host Jen Josey 01:00 Leveraging Social Media for Real Estate Success 02:37 Introducing Wayne Courreges III 03:41 Wayne's Journey from Marine Corps to Real Estate 09:43 Understanding Real Estate Syndication 17:55 Investor Insights and Returns 26:43 The Importance of Solid Underwriting Techniques 30:48 Third Party Management and Debt Strategies 31:52 Underwriting and Risk Management 32:59 Insurance and Revenue Considerations 33:37 Introduction to CREI and Passive Investing 35:32 Red Flags in Syndication 36:32 Importance of Communication and Transparency 42:20 Opportunities in Real Estate Cycles 46:21 Personal Insights and Future Plans 46:42 Wayne's Book Recommendations and Advice 58:19 Defining Success and Wealth   Wayne is passionate about helping busy professionals build generational wealth by offering the opportunity to passively invest in commercial real estate syndications. His company, CREI Partners currently has over $60 million in assets under management in Texas, Louisiana, and Alabama. To build wealth for investors, Wayne focuses primarily on acquiring apartment communities and developing RV/Boat and Business Storage in areas with strong market fundamentals along with strategic partner relationships. His objective is to protect investor capital while providing high yield returns and giving back to communities. Based out of Central Texas, Wayne leads the investment lifecycle and investor relations for CREI Partners as the Lead Sponsor and General Partner. Wayne started his real estate journey while serving in the US Marine Corps. After completing his service as a Marine Corps Corporal in 2007, he started a career with a Fortune 125 commercial real estate firm that spanned 16 years before focusing fulltime on real estate investments.   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

Season 3, Episode 10: In this episode of No Cap, Jack Stone and Alex Gornik talk with Jon Siegel—Partner and CIO at RailField—about building through one of the toughest market cycles, what went wrong after early success, and why staying active matters more than ever. They also get into the private credit boom, the myth of distress deals, and where real opportunities still exist. TOPICS 00:09 – Opening and Jon's Background 04:22 – Starting RailField with $50M of Institutional Capital 06:03 – Early Deals and Gaining Credibility 10:18 – The Rise of Preferred Equity and Private Credit 14:15 – Why Distress Hasn't Hit and What Happens Next 20:00 – Market Timing, Cycles, and Staying in the Game 24:08 – Vintage Deals, Underwriting, and What Still Works 27:00 – Portfolio Strategy and Working with Institutional Capital 32:58 – Long-Term Bullishness on Multifamily 36:41 – Final Thoughts and Outlook for 2025 Shoutout to our sponsor, InvestNext. One platform to raise and manage capital for real estate investment. For more episodes of No Cap by CRE Daily visit https://www.credaily.com/podcast/ Watch this episode on YouTube: https://www.youtube.com/@NoCapCREDaily About No Cap Podcast Commercial real estate is a $20 trillion industry and a force that shapes America's economic fabric and culture. No Cap by CRE Daily is the commercial real estate podcast that gives you an unfiltered ”No Cap” look into the industry's biggest trends and the money game behind them. Each week co-hosts Jack Stone and Alex Gornik break down the latest headlines with some of the most influential and entertaining figures in commercial real estate. About CRE Daily  CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter (CRE Daily) which is read by 65,000+ investors, developers, brokers, and business leaders across the country. Our smart brevity format combined with need-to-know trends has made us one of the fastest growing media brands in commercial real estate.

Want to learn more about Vodyssey or start your STR journey. Book a call here:https://meetings.hubspot.com/vodysseystrategysession/booknow?utm_source=vodysseycom&uuid=80fb7859-b8f4-40d1-a31d-15a5caa687b7In this episode of the Vacation Rental Revolution podcast, host Shawn Moore interviews Rohit Bezewada, CEO of AirDNA and Uplisting. They discuss the evolution of short-term rentals, the importance of accurate data for investors, and how AirDNA is enhancing user experience through customization and confidence scores.GET CONNECTED WITH AIRDNA:https://www.airdna.co/FOLLOW ROHIT:https://www.linkedin.com/in/rohit-bezewada-3010b48/https://www.instagram.com/bezu41/?hl=enFOLLOW US:https://www.facebook.com/share/g/16XJMvMbVo/https://www.instagram.com/vodysseyshawnmoorehttps://www.facebook.com/vodysseyshawnmoore/https://www.linkedin.com/company/str-financial-freedomhttps://www.tiktok.com/@vodysseyshawnmooreChapters00:00:00 Introduction to the Short-Term Rental Revolution00:03:01 The Importance of Accurate Data in Investments00:05:58 Enhancing User Experience with Customization and Confidence Scores00:08:43 The Role of Data in Underwriting and Decision Making00:11:56 Democratizing Short-Term Rental Investing00:14:50 The Shift Towards Operational Efficiency00:17:47 Integrating Data and Operations for Better Management00:20:58 Future Developments in Property Management Software00:23:46 The Competitive Landscape and Its Impact on Investors00:26:55 Conclusion and Call to Action

Fan Mail: Got a challenge digitizing your intake? Share it with us, and we'll unpack solutions from our experience at Cytora.In this panel episode of Making Risk Flow, host Juan de Castro dives into the transformative power of generative AI in insurance with three industry experts: Allison Thornicroft, VP and Business Solutions Lead at Arch Insurance Group, Neeren Chauhan, Chief Innovation and AI Officer at Tokio Marine, and Yaemish Rughoo, Information Technology Program Director at Everen.Together, they explore how AI is slashing submission clearance times from days to hours, achieving 95–97% data extraction accuracy, and optimising underwriting workflows. The conversation unpacks actionable frameworks for successful AI adoption, from email intake to underwriter workbench, and emphasises the importance of incremental implementation, human oversight, and third-party data integration. If you're navigating digital transformation in insurance, this episode delivers practical strategies, real-world examples, and lessons from the frontlines of AI-driven operational change.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

Insurers have had fair warning: the hard market is softening, and those still relying on legacy tech may soon feel the chill. So what does it take to stay competitive as conditions turn? In this episode, Robin Merttens is joined once again by Dani Katz, Co-founder and Director of Optalitix, for a sharp analysis of what's changed since their last conversation and why now really is the time to fix the roof. Dani brings a clear message: the winners in this market cycle will be those with disciplined pricing, strong data infrastructure and the ability to move fast. And while AI is starting to play a role, it's the fundamentals (clean data, integrated platforms, empowered underwriters) that remain essential. In this conversation, Dani shares insights on: Why too many firms delayed digital upgrades during the boom The signs of market softening and what that means for pricing teams What “minimum viable tech” looks like in 2025 How underwriters can be brought on the journey, not left behind The difference between automating and augmenting decisions Why data pipelines matter more than AI hype How Optalitix is responding to demand from both UK and global insurers They also touch on industry psychology: the lingering suspicion of new tech, the cultural lag behind modern tooling and why many firms still struggle to turn innovation into impact. If you like what you're hearing, please leave us a review on whichever platform you use or contact Robin Merttens on LinkedIn. You can also contact Dani Katz on LinkedIn to start a conversation! Sign up to the InsTech newsletter for a fresh view on the world every Wednesday morning. Continuing Professional Development This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme. By the end of this podcast, you should be able to meet the following Learning Objectives: Define the role of AI in underwriting workflows, distinguishing between automation and augmentation. Identify common cultural and structural barriers to technology adoption across insurance organisations. Summarise how insurers can use data-first strategies to gain a competitive edge during market transitions. If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 366 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast. To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.

Follow me @samirkaji for my thoughts on the venture market, with a focus on the continued evolution of the VC landscape.Welcome back to another episode of Venture Unlocked, the podcast that takes you behind the scenes of the business of venture capital.In this episode, I sit down with Jack Altman, Managing Partner at Alt Capital. We unpack Jack's journey from Lattice CEO to venture capitalist. We dive deep into the nuances of venture investing, exploring how operators transition into investors, the importance of founder relationships, and the critical elements of successful early-stage investing. Jack shares candid insights about evaluating talent, providing tough feedback, and navigating the current AI technology landscape. His most compelling advice centers on the importance of backing founders you truly believe in, regardless of market fluctuations. As we discuss everything from fund strategies to valuation challenges, the conversation reveals the complex art of venture capital – a world where relationships, intuition, and long-term vision matter more than short-term metrics.Thanks for listening to another episode of Venture Unlocked. We hope you enjoyed our conversation with Jack. If you'd like to get Venture Unlocked content straight to your inbox, go to ventureunlocked.substack.com and sign up, or go to Apple Podcasts or Spotify and subscribe. Thanks again for listeningAbout Jack:Jack Altman is the founder and Managing Partner of Alt Capital, a $150 million early-stage venture fund he launched in February 2024 that has invested in Antares, David AI, Legora, and Owner, among others. Jack is also an investor in companies like Figma, Rippling, Writer, and Vanta. Prior to his career in investing, Jack co‑founded and led Lattice, an HR and people-performance platform that grew to serve thousands of global companies and reached a $3 billion valuation before he transitioned into his role as Executive Chairman. With a background that includes roles in corporate finance and business development, Jack honed his startup expertise at Teespring and Hydrazine Capital before building Lattice from the ground up. Now at Alt Capital, Jack combines his founder-to-investor experience to back innovators in B2B software and hard tech. He's launched initiatives like the Generate accelerator, offering expert mentorship and resources to AI-driven startups—underscoring his commitment to pragmatic, conviction-led investing.Alt Capital is an early-stage venture firm focused on backing exceptional founders across industries, predominantly B2B software and hard tech. With a $150 million debut fund launched in 2024, Alt Capital takes a founder-first, conviction-driven approach to investing—leveraging Founder Jack Altman's experience scaling Lattice into a $3B company to support startups through their earliest and most pivotal stages. Alt Capital prioritizes long-term partnership, practical guidance, and high-conviction bets over volume-based investing. In a short time, Alt Capital has already positioned itself as a go-to firm for ambitious founders building the next wave of category-defining companies.In this episode, we discuss:* Jack's Transition: Operator to Investor (1:47)* Early Surprises in Running a Venture Firm (4:05)* Types of Venture Capitalists and Motivations (6:37)* Brutal Honesty vs. Founder Friendliness (9:51)* Earning the Right to Give Advice (13:19)* What Makes a Good Venture Capitalist (18:22)* Evaluating Founders: Motivations and Outlier Traits (21:20)* Measuring Success in Venture: Feedback Loops and KPIs (26:53)* Big vs. Small Venture Firms: Different Models (29:47)* Venture as Different Financial Products (32:35)* AI, Market Size, and Valuation Inflation (34:13)* Underwriting and Fund Size Strategy (37:45)* Biggest Lesson Learned in Venture (43:19)* Final Thoughts and Takeaways (44:55)I'd love to know what you took away from this conversation with Jack. Follow me @SamirKaji and give me your insights and questions with the hashtag #ventureunlocked. If you'd like to be considered as a guest or have someone you'd like to hear from (GP or LP), drop me a direct message on X. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit ventureunlocked.substack.com

At its best, parametric insurance delivers clarity when volatility strikes. But scaling that promise takes more than models: it takes real claims data, market feedback and the ability to solve for both reinsurers' confidence and cedents' earnings risk. In this episode, Matthew Grant speaks with Matt Coleman, Chief Risk Officer at The Demex Group, a reinsurance MGA using a new modelled loss index to reshape how the market covers severe convective storms, one of the fastest-growing sources of weather-driven loss. Our conversation picks up where our previous webinar left off, and explores how Demex has grown distribution, secured broker support and validated its approach in a live risk environment. In this conversation Matt touches on: Why 2025 has already seen above-average tornado, wind and hail activity and how recoveries are already flowing How Demex's RCR Re cover mimics indemnity but pays out on a modelled index Why omitting sensors and relying on robust weather and claims data reduces basis risk The advantages of training models on cedents' actual ground-up claims, not diluted industry averages What reinsurers want in secondary peril covers and how Demex packages risk to match that appetite Why broker engagement has been critical to growth, and what their clients are asking for What it means to build in response to a genuine market problem not just to push a technology Along the way, Matthew and Matt talk about why carriers are willing to share granular claims data when the product is strong enough and why early validation matters in parametric. If you like what you're hearing, please leave us a review on whichever platform you use or contact Matt Coleman or Matthew Grant on LinkedIn. Sign up to the InsTech newsletter for a fresh view on the world every Wednesday morning. Continuing Professional Development This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme. By the end of this podcast, you should be able to meet the following Learning Objectives: Specify the role of brokers in distributing innovative reinsurance solutions and educating cedents Identify the challenges and advantages of building a reinsurance product in direct response to market demand Explain why reinsurers prefer weather-driven indices over indemnity-based uncertainty If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 365 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast. To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.

Properties for Sale on the North Side?  We want to buy them. Email: StraightUpChicagoInvestor@gmail.com Have a vacancy? We can place your next tenant and give you back 30-40 hours of your time. Learn more: GCRealtyInc.com/tenant-placement Has Property Mgmt become an opportunity cost for you? Let us lower your risk and give you your time back to grow. Learn more: GCRealtyinc.com ============= Sebastian Mysliwiec, founder of The Dream Rentals, explains how he's built a short-term and mid-term rental management company that delivers top guest experiences and maximizes profits! Sebastian talks about cutting his teeth and eventually thriving at a marketing company that helped build his real estate skill set. He provides tactical advice on underwriting, marketing, and managing short-term rentals (STRs). Sebastian explains how his team manages seasonality, shares a STR horror story, and top amenities for guests. He closes with remarks on refinancing considerations for STR properties and his team's growth strategy. If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guests: Sebastian Mysliwiec, The Dream Rentals Link: The Dream Rentals Instagram Link: Skyscraper Tom's Instagram Link: The 12 Week Year (Book Recommendation) Guest Questions 01:58 Housing Provider Tip - Leverage Freedom of Information Act (FOIA) to request property info during due diligence! 04:25 Intro to our guest, Sebastian Mysliwiec! 08:31 Defining AirBnB arbitrage. 13:28 Underwriting basics of short-term rentals (STRs)! 20:10 Listing platforms for STRs. 26:09 Managing STR seasonality in Chicago to optimize profit. 35:36 STR Marketing Tips! 45:45 AirBnB Horror Story! 47:46 Top STR amenities. 49:23 Mid-Term Rental analysis and expanding to other markets! 55:13 Refinancing STR properties. 56:47 What is your competitive advantage? 57:15 One piece of advice for new investors. 57:42 What do you do for fun? 58:25. Good book, podcast, or self development activity that you would recommend?  58:54 Local Network Recommendation?  59:29 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2025.

Yesterday, President Trump signed a slew of executive orders intended to assure U.S. leadership in artificial intelligence.  In the interest of competing with Communist China's aggressive pursuit of AI superiority, however, safeguards and oversight aimed at preventing “FrankenAI” from transforming us into a CCP-like“digital gulag” are being given short shrift.  Another, less fraught way to keep us ahead of the Chinese Communists would be to stop their underwriting by Wall Street. House China Committee Chairman John Moolenaar has just subpoenaed two of the worst malefactors – Jamie Dimon of JPMorgan and Brian Moynihan of Bank of America – in connection with their recent fundraising for a Chinese military company called CATL.   You don't need much intelligence to recognize, as President Trump did in his as-yet-unimplemented “America First Investment Policy,” that we have to stop funding the Chinese Communist Party.  This is Frank Gaffney.

Connect with Eitan:https://www.linkedin.com/in/eitan-holder/Click to text the show! Email 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.

✅ FREE tool and training to find your own Super Property: https://go.buildstrwealth.com/superpropertygrader

Do you ever wonder how real estate investors pick winning properties? It all lies in the power of underwriting - the key process for projecting a property's future cash flows and net operating income. In this episode, Randy explains the basics of underwriting in commercial real estate and how investors use this process to pick winning properties. Join Our Investor Club: https://bit.ly/3IzAxwm  This episode was originally released on April 12, 2024. 

Underwriting can be a tricky process.But over the last seven years, I've learned that there are some basic principles that can make it simple to learn.Rather than taking months to learn all the nuances an underwriter has to learn, take a few minutes here and learn some principles that will help you think, assess and process appointments from an underwriter's perspective.Watch on YouTube: https://youtu.be/hUKMHkiOjsgIf you have any questions, you can reach us here:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://lifemattersfinancial.com/contact/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠If you're an agent looking for a mentor, start here:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://lifemattersfinancial.com/careers/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠#lifematters #lifeinsurance #wholelifeinsurance #agentsforlife #lifeinsuranceagent #infinitebanking

Welcome to The Chrisman Commentary, your go-to daily mortgage news podcast, where industry insights meet expert analysis. Hosted by Robbie Chrisman, this podcast delivers the latest updates on mortgage rates, capital markets, and the forces shaping the housing finance landscape. Whether you're a seasoned professional or just looking to stay informed, you'll get clear, concise breakdowns of market trends and economic shifts that impact the mortgage world.In today's episode, we look at how investor demand is impacting mortgage characteristics. Plus, Robbie sits down with Ocrolus' Rebecca Seward on how Ocrolus is redefining mortgage underwriting with its Inspect platform, enabling real-time condition creation and automated loan reviews to improve quality, reduce costs, and streamline operations for lenders of all sizes. And we close by hypothesizing how the June CPI report will impact Fed timing of rate cuts.Thank you to Ocrolus. Ocrolus is transforming the mortgage industry with AI-powered data and analytics, featuring cutting-edge tools for automated indexing, income analysis, and discrepancy insights. Ocrolus is empowering underwriters to make timely, confident lending decisions. Whether you need to verify income across complex pay scenarios or review borrower documents with confidence, Ocrolus helps mortgage teams move at the speed of automation with the precision of human oversight. Learn more at ocrolus.com/mortgage.

What happens when inflation outpaces income, and how can real estate investors adapt before the breaking point hits?   In this thought-provoking episode, Angel welcomes Rich Neuharth and Moses Lucero to explore the often-overlooked emotional and strategic aspects of underwriting in a volatile economic landscape. As inflation surges and affordability concerns loom, this conversation unpacks how mindset, data, and creativity intertwine when making investment decisions. Rich and Moses open up about their struggles with rejection, finding the right mentors, and reframing failure as a learning opportunity.     [00:01 - 04:00] When Prices Outpace Paychecks Why inflation is increasingly unsustainable for the average household. The importance of anticipating economic tipping points when underwriting deals. How investors might need to prepare for a shift toward shared housing and resource consolidation.   [04:01 - 08:46] Rents, Rates, and Reckonings What rent control discussions in red states signal about the changing political landscape. How rising interest rates historically trigger regulatory intervention and potential recessions. The significance of learning from past economic cycles like the Great Depression and 2008 crisis.   [08:47 - 12:13] When Numbers Feel Like a Wall Why financial literacy barriers often stem from mindset blocks, not ability. The need to recognize and confront personal narratives that limit learning. How connection with the right teacher can reignite passion for difficult topics.   [12:14 - 16:49] Resets, Rejections, and Reality Checks How to emotionally recover from rejection and continue calling, underwriting, or analyzing deals. The importance of taking a break to reset instead of internalizing repeated failure. Why even the most seasoned professionals question their worth—and how to move past it.   [16:20 - 20:56] Leveling Up Through Curiosity and Collaboration How underwriters "gear up" by finding hidden value in overlooked properties. Why passion, community, and creativity are crucial tools for value investors. The significance of recognizing shared struggles, even when operating in different lanes of a business.     Connect with Rich:   https://www.linkedin.com/in/realmindsetrich   Connect with Moses:   https://www.linkedin.com/in/moses-lucero-9026b220b/     Key Quotes:   “It's not how much you are learning, it's about who you're learning it from.” - Moses Lucero   “You're going to die and get kicked off the horse more times than you're gonna win—but let me tell you, the wins are real good.” - Rich Neuharth     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!

Are you staring at spreadsheets without really knowing what they're telling you? In this episode, I break down the most important return metrics in multifamily real estate—from cash-on-cash and IRR to DSCR and equity multiple. I explain what they actually mean, why they matter, and how to use them to make smart investment decisions. We're not just guessing here. These numbers tell a story—and if you know how to read them, you'll stop overpaying, start protecting your capital, and finally start growing real wealth. Whether you're an LP trying to spot BS in a pitch deck or an operator building your summary page, this one is for you.

Episode 256 — Small Axe Podcast with Nico Salgado You've been studying. Listening. Watching. Underwriting. But that first multifamily deal? Still not happening. In this episode, I break down the real reasons you're stuck—and they're probably not what you think.

On this episode of the Passive Income Playbook, Pascal Wagner interviews Matt Picheny, a Tony award-winning Broadway producer turned seasoned multifamily GP with over 16 GP deals and 28 as an LP. Matt shares how his path from acting and digital marketing led to real estate success, including a pivotal first deal where he quadrupled his investment. They dive deep into lessons learned from early LP mistakes, why conservative underwriting (especially around cap rates) is critical, and how today's market might be ideal for investing if you have the stomach for it. Matt also discusses the values behind his coaching program, his value-add investment philosophy, and how LPs can vet operators more effectively. Matt Picheny Current role: Multifamily GP, LP, Coach, and Author of Backstage Guide to Real Estate Based in: New York City Say hi to them at: picheny.com – includes newsletter, free resources, coaching info, and social links Go to https://zbiotics.com/BESTEVER  and use BESTEVER at checkout for 15% off any first time orders of ZBiotics probiotics. 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! Post your job for free at https://www.linkedin.com/BRE. Terms and conditions apply. 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

On this episode of the Scouting For Growth podcast, Sabine VdL talks to James Birch, Director of Strategic Technology Solutions at Ki Insurance—the first fully algorithmic syndicate in the history of Lloyd’s of London. In today’s conversation, we’ll explore: James’s journey from VC to algorithmic-underwriting pioneer, what a “director of strategic technology solutions” actually does day-to-day inside a digital syndicate, the partnerships, cloud architecture and data streams that let Ki quote in seconds, the biggest trends shaping Algorithmic Underwriting 2.0—and what they mean for brokers, capacity partners and the wider market, and practical take-aways for anyone who wants to thrive as the next wave of automation rolls through speciality insurance KEY TAKEAWAYS Ki is a growth stage business, not an incumbent, we’re trying to fight our way to win business and ultimately to grow. We have to do something different from everyone else to try to position ourselves differently and find competitive advantage where we can. That’s something I’ve carried over from the VC space. We started out looking at what the digital model of the traditional model, where was the toil in the value chain and the broker’s work plan process and how can we simplifying it and make it more efficient using digital capabilities that we saw in the VC space, in FinTech and other financial service industries. Lloyds of London is a heavily regulated market so we need to abide by any of the regulations that any carrier or underwriter do in that market. Our approach from day 1 was to engage with the regulator early, explain what we’re trying to do, be transparent, open and honest about where the gaps are if we’d not got to a certain level of maturity, don’t overstate the algorithm. We take regulation very seriously, which has helped because Lloyds has been highly supportive of us and our growth and have allowed us to grow as the market has grown. The main cost-save of the algorithmic underwriting for brokers is they don’t have to have loads of brokers running around the Lloyds of London building to find 2% on a slip or something, the broker negotiates with the lead underwriter, come onto the Ki platform for the follow, and then spend their time on new business and client opportunities. BEST MOMENTS ‘Any business should evolve as the market evolves and the marketing dynamics changes, you’ve got to react to those and be thinking 2-5 years ahead.’ ‘We still trip up on ourselves, even now, because we sometimes try to over-complicate things.’ ‘Speak to the customer, hear their problems, understand what’s not working for them, try to make it a simple transaction for them, and then they’ll use your products.’ ‘I’m a big advocate of the partner model because if you get 2, 3, or 4 like-minded companies as partners you can build something great together because you’re all strategically aligned.’ ABOUT THE GUEST James Birch is the Director of Strategic Technology Solutions at Ki Insurance, the market-leading algorithmic syndicate that’s redefining how Lloyd’s of London does business. Blending a venture-capital mindset with hands-on operating rigor, James has spent the past decade helping innovative companies move from bright idea to breakout scale. Passionate about demystifying insurance for the next generation, James is a sought-after speaker on topics such as data-driven risk selection, the future of algorithmic capacity and what it really takes to scale a regulated tech business. Whether mentoring founders or road-testing the latest ML models with his engineers, he’s driven by one simple goal: use technology to make risk transfer faster, fairer and radically more efficient. LinkedIn 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/