Podcasts about wild oak capital

Eric Nelson is from southwest Colorado and received a degree in Civil Engineering from Colorado State University. He is the principal of Wild Oak Capital and is actively syndicating multifamily properties. With over 12 years of real estate experience and more than 1,000 units under management, Eric has figured out how to stop trading his time for dollars and has found the key to living life on our own terms, which he shares inside his mastermind community. He has co-hosted Pay It Forward and Scale, multifamily events that focus on mindset and networking within the multifamily investing community. While living his dream in Spain with his family, he is not only working with his Wild Oak team, but he is also dedicated to coaching motivated real estate investors inside a networking and future-focused community.RANDY SMITHConnect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestorChapters00:00 Market Overview and Passive Investing Landscape04:42 Eric's Journey into Real Estate10:02 Scaling Through Syndication12:27 Managing a Remote Team from Spain14:47 Choosing the Right Markets for Investment19:31 Building Strong Relationships with Property Managers20:58 Diverse Investment Strategies26:54 Navigating Debt and Risk Management32:06 Mindset and Personal Growth34:01 Due Diligence in Real Estate Investing35:26 Bucket List Adventures and Family ExperiencesKeywordsreal estate, passive investing, multifamily units, market trends, syndication, property management, investment strategies, remote management, Oklahoma, Arkansas, real estate, investment strategies, debt management, passive investing, property management, mindset, due diligence, family travel, personal growth, multifamily investing

Ben and Eric Nelson of Wild Oak Capital join us to discuss their journey from diverse careers to building a thriving real estate business. We explore the power of community-focused capital raising, the lessons from a challenging 2024, and their vision for meaningful partnerships. This episode dives into creating authentic connections and redefining success in real estate. Resources mentioned in the episode: Ben and Eric Nelson Website Interested in learning how to take your capital raising game to the next level? Meet us at Capital Raiser's Edge. Learn more here: https://raisingcapital.com/cre

                                Listen in as Eric and Erin discuss: Eric's journey from a traditional career to financial freedom through real estate investment, specifically focusing on multifamily property syndication Discover how syndication allows investors to pool resources, invest in large properties, and receive returns without the hands-on management usually required in real estate Syndication as a compelling alternative to conventional investment vehicles, providing a blend of potential returns and tax advantages how, unlike real estate investment trusts (REITs), which operate more like stocks, syndication gives investors ownership rights, meaning they benefit from property appreciation, receive depreciation tax benefits, and potentially see tax advantages due to capital gains. …and much more!                                       About Eric Nelson is the principal of Wild Oak Capital, specializing in syndicating multifamily properties. With over 12 years of real estate experience and more than 1,000 units under management, Eric combines his civil engineering background with strong management and underwriting skills. He is now focusing on coaching motivated real estate investors to scale their businesses, helping them achieve the freedom to live life on their own terms, just as he and his family are doing as they move to Spain for the year. How to Connect With Eric Website: ericnelsoncoaching.com LinkedIn: https://www.linkedin.com/in/ericnelsonrecoach/ Facebook: www.facebook.com/groups/scaletofreedomrealestateinvestors/ Instagram: https://www.instagram.com/ericnelsoncoaching Recommended Resources  Visit ericnelsoncoaching.com to learn more about The Multifamily Playbook, where Eric shares exactly how he built a portfolio of over 1000 multifamily doors in 18 months and provides the knowledge and tools for motivated investors to do it too.

On today's episode Rich sits down with Eric Nelson - Entrepreneur, Real Estate Investor, Founding Partner of Wild Oak Capital, and Host of “The Real Estate Mindset” Podcast. Eric Nelson is from southwest Colorado and received a degree in Civil Engineering from Colorado State University. He is the principal of Wild Oak Capital and is actively syndicating multifamily properties. He has been investing in real estate for over 10 years, and currently has over 650 units under management, with a team or with his wife.Rich and Eric start off by discussing the challenges of multifamily investing, Michael Blank, living off of acquisition fees, Robert Martinez's 2023 foreclosure, what killed deals during the COVID-19 pandemic, Rich's multifamily portfolio, debt assumptions, the benefits of over-communicating  in real estate, and why asset management is important.They then reflect on why Rich is bullish on Multifamily, struggling asset classes, analysis paralysis, doing the reps and shortcutting the path to success, Eric's new deal in Texas with Eric Chadderdon, what Eric is doing today to respond to cap rates, Eric's portfolio, seller carries, and the cost of capital.Lastly, they talk about private debt funds, raising capital through 401k funds, transitioning funds from 506b to 506c, Bethany LaFlam, Eric's first multifamily deal, Rich's first boutique hotel deal, and Eric's search criteria for finding multifamily deals. Connect with Eric on Instagram: @wildoakcapitalVisit BYLTBasics.com and use code “Somers20” at checkout for 20% on your next purchase Book a free call with Prime Corporate Services to create a business strategy primecorporateservices.com/richsomers--Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call. Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.

Join Eric Nelson as he shares two strategic approaches to minimizing risk in real estate deals, uncovering invaluable life lessons from his travels that apply to building solid relationships with potential investors. Dial in to discover the transformative power of mentorship in real estate and how it accelerates success.   Key takeaways to listen for The standard timeline to build credibility and trust with investors 2 strategic approaches to minimize risk when underwriting deals Life lessons from traveling that transcend to investor relations Why mentorship in real estate is invaluable in fast-tracking success Best practices for maintaining your optimal mental health How failures and challenges contribute to achieving business success   Resources Episode 144: Why You Must Take Care of Your Mental Health to Succeed in Business with Alan Underwood   About Eric Nelson Eric Nelson is the founding principal of Wild Oak Capital. He has been investing in real estate for over ten years. Eric and the Wild Oak team provide investment opportunities through multifamily syndication. As a co-owner of a civil engineering firm, Eric's range of skills suits the field of syndication and real estate on both the technical level and client relations side. Eric is also the host of The Real Estate Mindset podcast, where he discusses with industry leaders what it takes to be a successful investor based on continuous personal and professional growth. He credits his success in real estate to his work with mentors and coaches, as well as a “pay it forward” mindset. Connect with Eric Website: Wild Oak Capital Podcast: The Real Estate Mindset | Apple Podcasts and Spotify Email: eric@wildoakcapital.com   Connect with Us Website: Angel Flight West LinkedIn: Alan Underwood  Instagram: @thealanunderwood Facebook: Alan Underwood

Are you wanting to get into real estate, but haven't taken the first step?  In today's episode of the Life On Your Terms Podcast, I chat with Eric Nelson about taking action. If you've wanted to start your real estate journey, we go over the importance of starting your side hustle with any time that you have.  We also discuss the power of owner financing, and how it is often one of the best deals you can make. Eric Nelson encourages newbies to attach work to any activity that they're already doing to help get them started. We also go over mentorship, the power of free meet-ups, as well as making sure you're educating yourself if you're working with investors. Overall, this episode offers guidance to those who are getting started in real estate and need specific action steps to take.  Eric Nelson is the Founding Principal of Wild Oak Capital. He has been investing in real estate for over ten years. Eric and the Wild Oak team provide investment opportunities through multifamily syndication. As a co-owner of a civil engineering firm, Eric's range of skills suits the field of syndication and real estate on both the technical level and client relations side. Eric is also the host of The Real Estate Mindset podcast, where he discusses with industry leaders what it takes to be a successful investor based on continuous personal and professional growth. He credits his success in real estate to his work with mentors and coaches, as well as a “pay it forward” mindset. What we discuss: (2:08) How Eric got into real estate  (10:00) Just ask the question (14:00) The power of owner financing  (18:45) Meetup.com  (21:00) Why you need a mentor (28:00) Wild Oak Capital (30:00) Low risk syndication  (35:00) The market for vacation rentals  (39:30) Book and Podcasts recommendations  (43:00) It's okay to have “boring” deals (46:00) Don't be afraid to be selective  (48:00) Giving back (52:00) Eric Nelson's coaching Find more from Eric Nelson Website: https://www.wildoakcapital.com/  Podcast: https://podcasts.apple.com/us/podcast/the-real-estate-mindset/id1560387078  Instagram: @wildoakcapital @ericnelsoncoaching  Facebook: https://www.facebook.com/WildOakCapital  Find more from Jake Rosenthal: Website: https://www.purelegacies.com/   https://www.jrvacations.com/  TikTok: https://www.tiktok.com/@jake.r.rosenthal Instagram: https://www.instagram.com/jake.r.rosenthal/ YouTube: https://www.youtube.com/@Jake.Rosenthal  Podcast: Life On Your Terms with Jake Rosenthal

And though a man might prevail against one who is alone, two will withstand him—a threefold cord is not quickly broken. – Ecclesiastes 4:12 Eric and Ben Nelson are out to discover why some investors are successful and others are not. They are also on a mission to serve their family, their community, and their friends through curating real relationships for the common good. We dive into their story and their why behind real estate.  Learn more about Wild Oak Capital here: https://www.wildoakcapital.com/  -- Join our new TKM Reflections Group! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Subscribe to the Level-Up Video Series⁠ ⁠⁠Subscribe to our newsletter, The MENifesto here! ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Join our New Kinetic Man Facebook Group! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Check out the Kinetic Men Events on Meetup!⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Know someone who would make a great guest on our podcast? Let us know! takeaction@thekineticman.com

In this Topical Tuesday's episode, I spoke with Ben Nelson who is a partner at Wild Oak Capital, which is a multifamily syndication firm with almost $100 million in assets under management. He has over 15 years of large-scale project management experience, including multiple world-record credits, and routinely manages large projects with multi-million dollar budgets. Be sure to tune in if you're interested in learning about: Why NOW is a terrific to consider hosting an in-person event What a good real estate event entails How to create a real estate event that really pops, without needing a massive budget How attendees can maximize the value they receive from attending in-person events To your success, Tyler Lyons Resources mentioned in the episode: Ben Nelson Personal LinkedIn Company LinkedIn Instagram Website Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Spring into Spring. We're all about actionable advice, and today we're nailing the brief. Tracy Lewis Cumberbatch is a retired naval officer with a remarkable background in strategic planning and operational management as a healthcare executive. Tracy highlights the significance of creating efficient systems in multifamily investing. She shares insights into how she analyzes markets and evaluates properties using repeatable, tried-and-true frameworks.  Whether you're a new investor or a seasoned professional, this episode provides valuable insights on leveraging systems in your multifamily business. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Middle Class to Millionaire Facebook Group⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ (Check out the Capital Raising course and content) ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Contact: John Hooper (Email provided in the podcast)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ John Hooper's instagram: ⁠⁠https://www.instagram.com/hoopsinvests⁠⁠ Wild Oak Capital: https://www.wildoakcapital.com/ Shane's email; Shane Brooks Email Address Shane's Linkedin: ⁠⁠Shane Brooks on LinkedIn

Happy 2024. As we race into goal setting season, I sat down with Ben Nelson to talk transformation, leveling up and goal setting. Ben Nelson grew up in Southwestern Colorado, and graduated from the University of Colorado.  He has over 15 years of large-scale project management experience, including multiple world-record credits, and routinely manages large projects with multi-million dollar budgets.  Working both nationally and internationally, Ben specializes in building relationships with stakeholders, government entities, municipalities, authorities, and institutions to reach common goals and create uncommon results. ⁠⁠⁠⁠⁠⁠⁠Middle Class to Millionaire Facebook Group⁠⁠⁠⁠⁠⁠⁠⁠ (Check out the Capital Raising course and content) ⁠⁠⁠⁠⁠⁠⁠⁠Contact: John Hooper (Email provided in the podcast)⁠⁠⁠⁠⁠⁠ ⁠⁠Wild Oak Capital: https://www.wildoakcapital.com/ Ben's Linkedin: ⁠https://www.linkedin.com/in/bennelson303

We're back. Comments? Questions? Guest Suggestions? Connect on email or via the group. ⁠⁠Middle Class to Millionaire Facebook Group⁠⁠ ⁠⁠Contact: John Hooper (Email provided in the podcast) Wild Oak Capital Eric Nelson is a leader with the Middle Class to Millionaire community and Partner of Wild Oak Capital. As a co-owner of a civil engineering firm, Eric's range of skills suits the field of syndication and real estate on both the technical level and client relations side. Eric is also the host of The Real Estate Mindset podcast, where he discusses with industry leaders what it takes to be a successful investor based on continuous personal and professional growth. He credits his success in real estate to his work with mentors and coaches, as well as a “pay it forward” mindset.

In this enlightening episode, we welcome Kranti Ponnam, the visionary Director of Capital at Wild Oak Capital. Renowned for his innovative approach to real estate, Kranti is revolutionizing the industry through technology-driven strategies and a firm commitment to customer-centric solutions. With a rich entrepreneurial background, he's not just constructing properties but also crafting successful business processes and systems that bolster growth and scalability in any venture.Join us as we delve into the realm of Key Performance Indicators (KPIs) in asset management, underscoring the transformative role technology plays in shaping these metrics. Drawing from Kranti's profound insights, we dissect the complexities of KPIs, identify areas of improvement, and discuss the mindset that propels success in the world of syndication. We also explore the ingenious ways Kranti's team is leveraging custom-built software, APIs, and AI, enabling everything from Capital Expenditure (CAPEX) management to marketing automation.In the face of an ever-evolving real estate market, Kranti shares his predictions for the next 6-12 months, offering invaluable insights into how these forecasts influence his team's decision-making process. Despite rising rates, he posits that it remains an opportune time to invest if three crucial parameters - debt, location, and price - are perfectly aligned. For passive investors, Kranti emphasizes the importance of thorough research into the group orchestrating the deal and their track record before committing capital.Concluding on an inspirational note, Kranti reveals how his team harnesses the power of technology to maintain a competitive edge in the real estate industry. This episode promises a treasure trove of knowledge, intriguing narratives, and practical tips to guide you on your real estate journey. Tune in for a refreshing perspective on real estate investment, technological innovation, and customer-centric strategies in the industry.Connect with Kranti Ponnam, the force behind Wild Oak Capital, on LinkedIn. Explore his innovative work in real estate on his website. Join his network today!VISIT OUR WEBSITEhttps://lifebridgecapital.com/Here are ways you can work with us here at Life Bridge Capital:⚡️START INVESTING TODAY: If you think that real estate syndication may be right for you, contact us today to learn more about our current investment opportunities: https://lifebridgecapital.com/investwithlbc⚡️Watch on YouTube: https://www.youtube.com/@TheRealEstateSyndicationShow

Eric Nelson, Founding Principal of Wild Oak Capital, joins us to discuss going from Engineer to full-time multifamily real estate investor. We discuss his start in single family, his first 6-unit multifamily investment, how they've grown to 600 units, and much more. Connect with Eric Nelson at https://www.wildoakcapital.com/ To join the DJE Investor list visit […]

John Weaver is currently a Partner at Wild Oak Capital and began his real estate investing career in 2018. He lives in Dallas TX and is the Head of Sales for a beverage company within the CPG industry. He has been investing in multifamily real estate over the last five years through limited and active partnerships, as well as joint ventures.Currently, John is a general partner in 188 apartment units throughout the Midwest and Southern parts of the United States. He brings his passion for relationship building through the acquisition and management process.CONNECT WITH JOHNEmail: john@wildoakcapital.comWebsite: https://www.wildoakcapital.com/ CONNECT WITH JONATHANTo connect with Jonathan, you can send email at info@greystonecapgroup.com.To learn more about real estate investment opportunities, join the Greystone Capital  Investor Network.Thanks for listening and until next time, keep building wealth in Commercial Real Estate!              

In this episode, Jonny speaks with an Events Producer, Real Estate Syndicator, Investor,  and Partner at Wild Oak Capital, Ben Nelson. He is also a co-host of The Real Estate Mindset podcast.They discuss:1. How he discovered real estate2. The markets he is in3. Their plans for the next 12 monthsBen Nelson grew up in Southwestern Colorado and attended the University of Colorado. With over 15 years of large-scale project management experience, including multiple world-record credits, Ben routinely manages projects with multi-million-dollar budgets and challenging timelines/ goals. Ben specializes in building relationships with stakeholders, government entities, municipalities, authorities, and institutions to reach common goals and create uncommon results.Learn more about Ben:Website: https://www.wildoakcapital.com/LinkedIn: https://www.linkedin.com/in/bennelson303/IG: http://instagram.com/b_nelson303Listen to their podcast: https://therealestatemindset.buzzsprout.com/Connect with Jonny!Cattani Capital Group: https://cattanicapitalgroup.com/Invest with us: invest@cattanicapitalgroup.comLinkedIn: https://www.linkedin.com/in/jonathan-cattani-53159b179/Jonny's Instagram: https://www.instagram.com/jonnycattani/IRR Podcast Instagram: https://www.instagram.com/theirrpodcast/TikTok: https://www.tiktok.com/@jonnycattaniYouTube: https://www.youtube.com/channel/UCljEz4pq_paQ9keABhJzt0AFacebook: https://www.facebook.com/jonathan.cattani.1

In business, choose a partner like you would choose a spouse or life partner. Just like marriage, any business partnership takes a great deal of awareness and communication. Today, Erik Cabral speaks with Eric Nelson, CEO and founder of Wild Oak Capital and host of The Real Estate Mindset Podcast, as they talk about the pros and cons of partnership, and the makings of a great partnership. Here are some power takeaways from today's conversation: Finding partners who match your skill set The pros and cons of partnership Things to consider when partnering with a family member Some truths about marketing your podcast Taking a year off for a much-needed reset The power of leveraging other people's experiences Episode Highlights: [02:30] Finding the Right Partners You don't have to do everything on your own. Find someone who has the skill sets that match what you need so you can help each other. Trust and communication are also very important attributes of a successful partnership. Start with a baseline by figuring out if both of you are on the same page. [07:59] The Keys to a Successful Partnership Pros 1. There's way less on your shoulders if they're a good partner. 2. Putting your heads together is way more powerful than just one or the other. 3. You get both of your groups together so you're able to form a tribe. Cons 1. The clash of personalities (if you're not good at communication) 2. Struggles - so be prepared for frustrations ahead of time. 3. Oftentimes, partnering with a family member is a recipe for disaster. To avoid this, there has to be a clear separation between your roles and you have to set clear boundaries. [33:05] The Power of Leveraging Other People's Experiences The podcasts you listen to or the books you read may not be relevant to you at that moment. But as you keep information in your storage, you can apply it at some point. Resources Mentioned: Wild Oak Capital The Real Estate Mindset Podcast Entrepreneurs Circle podcast is an On Air Brands production. On Air Brands is one of the leaders for launch, production, and promotion of top-rated business and real estate investing podcasts. Reach out to On Air Brands here ---> info@onairbrands.com Learn more at: www.onairbrands.com Find and follow find Erik at: www.erikcabral.co Download Erik's FREE GUIDE to podcasting at: www.erikcabral.co/guide Check out this show and previous inspiring guests at Entrepreneurs Circle in Apple Podcasts. --- Support this podcast: https://anchor.fm/erikecabral/support

Ever wonder what we have going on at Wild Oak Capital?In this episode of The Real Estate Mindset podcast, we celebrate our 100th episode by sharing with our listeners all that it is they want to know about our team. From the goals we achieved this past year to the hard lessons we learned, you'll get to hear what our answers are to the questions we usually ask our guests!What we discuss:01:07: What has Wild Oak Capital accomplished so far?02:15: About the Wild Oak Capital team 03:39: What goals did the team achieve that they are proud of?11:29: What goals does the team have for this upcoming year?17:12: What tips did the team learn this year?22:36: What projections does the team see for the market?31:20: What challenges did the team face this year?To learn more about Wild Oak Capital:Website: https://www.wildoakcapital.com/Instagram: https://www.instagram.com/wildoakcapital/

Learn how Eric Nelson has found success syndicating mid-size multifamily properties. Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus in business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers and coaches. Eric Nelson is the Founding Principal of Wild Oak Capital. He has been investing in real estate for over ten years. Eric and the Wild Oak team provide investment opportunities through multifamily syndication. As a co-owner of a civil engineering firm, Eric's range of skills suits the field of syndication and real estate on both the technical level and client relations side. Eric is also the host of The Real Estate Mindset podcast, where he discusses with industry leaders what it takes to be a successful investor based on continuous personal and professional growth. Eric and his wife Marie have two young boys and love to spend time outdoors at their home in Southwest Colorado. 3 Pillars 1. Get your finances in order 2. What does success look like to you 3. Find the thing that drives you and builds the wealth you're looking for Books: Raising Capital for Real Estate by Hunter Thompson and Best Ever Apartment Syndication Book by Joe Fairless and Theo Hicks You can connect with Eric at Eric@wildoakcapital.com or www.wildoakcapital.com Interested in coaching? Schedule a call with Todd at www.coachwithdex.com Connect with Pillars Of Wealth Creation on Facebook: www.facebook.com/PillarsofWealthCreation/ Subscribe to our email list at www.pillarsofwealthcreation.com Subscribe to our YouTube channel: www.youtube.com/c/PillarsOfWealthCreation

Want to watch the Tribe of Millionaires? YouTube: https://www.youtube.com/channel/UCbczkBHANH9ULLQiSt56bQA/ Eric Nelson is the Founding Principal of Wild Oak Capital. He has been investing in real estate for over ten years. Eric and the Wild Oak team provide investment opportunities through multifamily syndication. As a co-owner of a civil engineering firm, Eric's range of skills suits the field of syndication and real estate on both the technical level and client relations side. Eric is also the host of The Real Estate Mindset podcast, where he discusses with industry leaders what it takes to be a successful investor based on continuous personal and professional growth. Powerful Moments From The Episode 00:00 - Real Estate Syndication 01:31 - Eric Nelson's Backstory 05:15 - Eric's Engineering & Real Estate Background 17:59 - How Eric Found His Lane in Real Estate 26:05 - The Benefits of Real Estate Syndication 38:57 - What is The Real Estate Mindset Podcast? 40:28 - Real Estate Coaching & Finding Your Why 47:18 - Eric's GoBundance Experience & Appreciation For GoPods 54:02 - GoBundance Card Game Question Connect with Eric Nelson Website https://www.wildoakcapital.com/ Email eric@wildoakcapital.com Eric's Podcast https://podcasts.apple.com/us/podcast/the-real-estate-mindset/id1560387078 LinkedIn https://www.linkedin.com/in/eric-nelson-9249b6216/ Learn More About Our Tribe! https://www.gobundance.com Watch How To Profit From Your Personal Brand | Mark Lack Ep 241 https://www.youtube.com/watch?v=OLYFjltV69s Want to connect with our community? Instagram: https://www.instagram.com/gobundance Facebook: https://www.facebook.com/gobundance Twitter: https://twitter.com/GoBundance Tribe of Millionaires Podcast by GoBundance is the podcast for healthy wealthy generous people who choose to live epic lives. Each week we connect with featured guests and GoBundance members to bring you the best in our community.

Eric Nelson is the Founding Principal of Wild Oak Capital. He has been investing in real estate for over ten years and is a real estate coach and the host of the Real Estate Mindset podcast.Main Points:Multifamily financing options Transition from Single Family to Multifamily investingReal Estate MindsetNetworking and RelationshipsConnect With Eric Nelson:eric@wildoakcapital.com+1 (970) 946-5147http://www.wildoakcapital.com https://www.facebook.com/WildOakCapitalhttps://www.instagram.com/wildoakcapital/https://www.linkedin.com/company/wild-oak-capital/https://www.youtube.com/channel/UCZsBHQdLZ1R0jOHSDGoFn0g 

In today's show, Pancham interviews Shane Brooks - project engineer, and partner with Wild Oak Capital. Shane Brooks embodies the concept of work-life balance. How did he manage his investments as a real estate investor while working as a project engineer for a midstream company? Through effective time management! In this episode, learn from his experience as he shares how he was able to pursue two of his dreams! He'll also unpack his knowledge and investing mindset as he shares his current portfolio, where he focuses on his investments, and why he still continues to invest amidst the current market status. Listen and enjoy the show!   Quote: “My focus was always kind of growing that kind of your W2 career, but I knew that I wanted to also build both sides streams.” Timestamped Shownotes: 0:38 - Pancham introduces Shane to the show 1:38 - On pursuing engineering and real estate investing at the same time 5:17 - The importance of time management and generating productive work 10:57 - Qualities he looks for in markets and investment properties 12:59 - On having consistent deal flow amidst the current market status 15:31 - How his morning routine helped him to be more productive 18:37 - Taking the Leap Round 18:37 - House hacking a condo as his first investment property 19:54 - How he overcame his investing fears 21:35 - How management issues damaged his 6-unit investment property 23:14 - Why you should align your goals and aspirations to your plans 24:32 - How you can connect to Shane 3 Key Points: Practicing proper time management helps you maximize your time, achieve time freedom, and generate productive work rather than unknowingly wasting time. Looking for deals that would fit your metrics and be able to provide value-add in the properties is one way to achieve growth in the real estate industry. Even if there are a lot of events happening in the market right now, buying deals is still ideal as there is still consistent deal flow. Get in Touch: Shane Brooks - shane@wildoakcapital.com Wild Oak Capital Website - https://www.wildoakcapital.com/ The Real Estate Mindset Podcast - https://www.wildoakcapital.com/podcast/ The Gold Collar Investor Club - https://thegoldcollarinvestor.com/club/ Pancham Gupta Email - p@thegoldcollarinvestor.com

In this episode Eric Nelson shares his insights on owner financing, the current market, & the Pan-Am highway. Come join us and listen in!  Eric Nelson is the Founding Principal of Wild Oak Capital. He has been investing in real estate for over ten years. As a co-owner of a civil engineering firm, Eric's range of skills suits the field of syndication and real estate on both the technical level and client relations side. He is also the host of The Real Estate Mindset podcast, where he discusses with industry leaders what it takes to be a successful investor based on continuous personal and professional growth. For today's episode you will learn: [00:00 - 01:09]  • We welcome Eric Nelson to the show.   [01:10 - 09:15]  • Eric Nelson 's brief background how and his wife started in real estate investing. • The Six-Plex for a million dollars in Colorado.• Why being Kind also works in closing those deals.  [09:20 - 12:42]  • How Eric was able to close another tri-plex through owner financing. • Best way to describe Owner Financing to someone who has no idea what it means. [13:47  - 13:39] • Eric on current interest rates in the current economy and how it's affecting their investment strategy? • Why raising rents at 100% rate may get you a little more income but would hurt your residents.[13:55 - 19:41]• What made her move forward to hosting properties and decorating them while being a real estate investor?• Medium term rentals and what's the difference?• Regulations and where does she advertise medium term rentals? [24:48 - 27:30]• Asking Eric why is multifamily such a great hedge against inflation? [27:33 - 31:15]•Closing Segment• Asking Eric Nelson the Adventurous Four Tweetable Quotes: "Sometimes the sales technique works, sometimes just being nice works, It's like just be kind and that's a huge benefit as well. " -Eric Nelson        Connect with Eric Nelson   https://www.wildoakcapital.com/https://www.instagram.com/wildoakcapital/ https://www.linkedin.com/company/wild-oak-capital/https://www.facebook.com/WildOakCapital Explore more. Adventure awaits. Please subscribe and leave an honest review - how do you want to create an impact in your world?Check out Adventurous REI and our social media channels: Facebook, Instagram, and LinkedIn.Michael on LinkedInSuzy on LinkedIn   Invest with us! Start here. GRAB A FREE copy of The Complete Guide to Generating Passive Income for Avid Travelers & Adventure Seekers

What's one thing that's stopping you from scaling your portfolio today? Do you find it hard partnering with people and actually trusting them to get on a deal with you? Or maybe you see yourself as someone who is unworthy of having partners around you? Do you fear that things might go wrong, especially because of differences in opinions? Have you lost your confidence and courage to actually take action? It is a huge leap for most people, but once you go for it, you'll see its power. Get your head on straight and be ready to scale, because with having Eric Nelson join us, there's no doubt that you're in for a treat today! Eric Nelson is the Founding Principal of Wild Oak Capital, where he and the team provide investment opportunities through multifamily syndication. He has been investing in real estate for over ten years. As a co-owner of a civil engineering firm, Eric's range of skills suits the field of syndication and real estate on both the technical level and client relations side. Eric is also the host of The Real Estate Mindset podcast. In this episode, Eric shares tips and advices as he enumerates big mindset hurdles people usually go through as they start scaling their portfolio. What you'll learn in just 14 minutes from today's episode: Discover the biggest mindset shifts that taught Eric valuable lessons as he started scaling; Find out why it's important that you learn how to partner with people and help yourself overcome the “I am not worthy” mindset; Understand why you should welcome and not fear opposing opinions, and also trust your knowledge and not be afraid to take action Resources/Links: Check out Wild Oak Capital's website to learn more about the work that Eric does. Just go to https://www.wildoakcapital.com Topics Covered: 01:55 – The backstory of Eric's scaling journey + why it's important that you learn how to partner with people 04:58 – Overcoming the “I am not worthy” mindset 08:56 – Trusting other people and actually working with them + why you should be open for assistance and not fear debates 10:12 – What kind of partnerships does Eric have? 11:47 – “Take the leap, because you can” 13:34 – Connect with Eric Nelson Key Takeaways: “There are ways to invest with other people's money, but the way to get there is to partner with people.” – Eric Nelson “If you're hitting a roadblock, I'd encourage you to find someone with maybe opposing skill sets and start looking at how they can do it.” – Eric Nelson “I hear people say this a lot. A good deal basically takes hustle, knowledge, and money. And so, if you can do two of those, if you can find the deal and if you have the knowledge how to run it, chances are you'd probably find someone who has capital.” – Eric Nelson “It turns out that opposite opinions are actually great. It's a healthy debate that really produces the best solution.” – Eric Nelson “Sometimes, it just takes a push from a friend, from your spouse, or even from yourself, to say ‘Let's go'. And a lot of times, you'll make mistakes, and that's okay. As long as they're not detrimental, learn from it, get better, and move on. You have to trust the knowledge that you've learned and go for it. Take the leap, because you can.” – Eric Nelson Connect with Eric Nelson: Website: https://www.wildoakcapital.com/ Email: eric@wildoakcapital.com Connect with Dave Dubeau: Podcast: http://www.propertyprofitspodcast.com/ Website: https://davedubeau.com/home Investor Attraction Workshop: http://www.investorattractionworkshop.com/ Facebook: https://www.facebook.com/thedavedubeau LinkedIn: http://linkedin.com/in/davedubeau  

In today's show, Pancham interviews Eric Nelson - a founding principal of Wild Oak Capital, co-owner of a civil engineering firm, and host of The Real Estate Mindset Podcast. Eric is the epitome of luck, perseverance, and hard work as he learned the beauty of real estate investing through his first successful house hack. With over 10 years in the investing game, he is currently offering investment opportunities through multifamily syndications and guiding aspiring investors to succeed by having growth mindsets! In this episode, get inspired as he shares his journey of realizing the benefits of real estate investing and transitioning as a multifamily syndicator! He'll also share how having the right mindsets helps in continuous personal and professional growth. Listen and enjoy the show!   Quote: “Syndications are an awesome way to get into real estate and you don't have to do anything.” Timestamped Shownotes: 0:36 - Pancham introduces Eric to the show 1:39 - How he discovered the value and benefits of real estate investing 10:39 - Why he focuses on multifamily syndications as his niche 14:02 - Overpowering self-doubt through mindset and confidence 15:55 - On relying on third-party managers when investing in multiple markets 17:23 - Providing quality outputs as an engineer and as an investor 20:58 - Changing investment strategies amidst market shifts 26:51 - How time blocking helps in having a productive day 29:05 - Taking the Leap Round 29:05 - Househacking as his first investment outside of Wall Street 29:56 - Overcoming his investing fears through a mindset shift 30:55 - Lessons learned from his single-family home investment 32:10 - Why investing helps you have more control in your life 33:39 - How you can connect with Eric 3 Key Points: Partnering with other people such as investors and suppliers would go a long way as it would help improve your investing business. In order to continuously grow your business, you have to be out of your comfort zone and push yourself steadily in order to attain success. Instead of looking at things negatively, having the right mindset and looking at things in a positive light helps you get the push that you need. Get in Touch: Wild Oak Capital Website - https://www.wildoakcapital.com/ Eric Nelson Email - eric@wildoakcapital.com The Real Estate Mindset Podcast - https://www.wildoakcapital.com/podcast/ Get your free e-book “Top 6 Reasons To Invest Outside of Wall Street” at https://thegoldcollarinvestor.com/download/ The Gold Collar Investor Club - https://thegoldcollarinvestor.com/club/ Pancham Gupta Email - p@thegoldcollarinvestor.com

Eric Nelson is the Founding Principal of Wild Oak Capital. He has been investing in real estate for over ten years. Eric and the Wild Oak team provide investment opportunities through multifamily syndication. As a co-owner of a civil engineering firm, Eric's range of skills suits the field of syndication and real estate on both the technical level and client relations side. Eric is also the host of The Real Estate Mindset podcast, where he discusses with industry leaders what it takes to be a successful investor based on continuous personal and professional growth. [00:01 – 10:56] Opening Segment Fortune Cribs helps investors buy short-term rentals and select markets across the country for as little as 10% down with no cash-on-cash returns in the 20-30% range. Go to FortuneCribs.com and book your free consultation now. Eric got tired of renting in college and started his real estate journey Realistic real estate expectations [10:57 – 21:41] Great Financial Crisis Strategies for Today Now is the Time! Eric's current deals How to Ace Your Deals and Underwritings Common Local Bank and Rehab Myths [31:06 – 37:04] Slice of Knowledge Eric's Final Words : “Family first. Be grateful for what you have.” One Slice of Wisdom: “It's okay to be creative.” Real Estate Multifamily Vocabulary: Exit Cap, transparency, terms Books and Masterminds to Try: The Best Ever Book, Rich Dad Poor Dad Reach Eric through www.wildoakcapital.com, The Real Estate Mindset Podcast, or eric@wildoakcapital.com. Thanks for listening to Multifamily by the Slice! If you liked our show, please LEAVE A 5-STAR REVIEW, like, and subscribe! CONNECT WITH US: Ike Ekeh Instagram: @ikeekeh_ Website: www.rubiconcre.com Email: ike@rubiconcre.com Twitter: @ikeekeh LinkedIn: Ike Ekeh Dre Evans Instagram: @drmultifamily LinkedIn: Dre Evans Twitter: @drmultifamily Email: thatsmypropertyinv@gmail.com Website: drmultifamily.com Grab your copy of That's My Property, a book on investing in Multifamily on Amazon San Diego Real Estate Investor Meetup Group FIND US ON: Apple Podcast Spotify Libsyn Amazon Music Audible Tweetable Quotes “Real estate is super creative. There's a million ways to make money.” - Eric Nelson --- Send in a voice message: https://anchor.fm/ikedre/message

Eric Nelson is the Founding Principal of Wild Oak Capital. He has been investing in real estate for over ten years. Eric and the Wild Oak team provide investment opportunities through multifamily syndication. As a co-owner of a civil engineering firm, Eric's range of skills suits the field of syndication and real estate on both the technical level and client relations side. Eric is also the host of The Real Estate Mindset podcast, where he discusses with industry leaders what it takes to be a successful investor based on continuous personal and professional growth. [00:01 – 10:56] Opening Segment Fortune Cribs helps investors buy short-term rentals and select markets across the country for as little as 10% down with no cash-on-cash returns in the 20-30% range. Go to FortuneCribs.com and book your free consultation now. Eric got tired of renting in college and started his real estate journey Realistic real estate expectations [10:57 – 21:41] Great Financial Crisis Strategies for Today Now is the Time! Eric's current deals How to Ace Your Deals and Underwritings Common Local Bank and Rehab Myths [31:06 – 37:04] Slice of Knowledge Eric's Final Words : “Family first. Be grateful for what you have.” One Slice of Wisdom: “It's okay to be creative.” Real Estate Multifamily Vocabulary: Exit Cap, transparency, terms Books and Masterminds to Try: The Best Ever Book, Rich Dad Poor Dad Reach Eric through www.wildoakcapital.com, The Real Estate Mindset Podcast, or eric@wildoakcapital.com. Thanks for listening to Multifamily by the Slice! If you liked our show, please LEAVE A 5-STAR REVIEW, like, and subscribe! CONNECT WITH US: Ike Ekeh Instagram: @ikeekeh_ Website: www.rubiconcre.com Email: ike@rubiconcre.com Twitter: @ikeekeh LinkedIn: Ike Ekeh Dre Evans Instagram: @drmultifamily LinkedIn: Dre Evans Twitter: @drmultifamily Email: thatsmypropertyinv@gmail.com Website: drmultifamily.com Grab your copy of That's My Property, a book on investing in Multifamily on Amazon San Diego Real Estate Investor Meetup Group FIND US ON: Apple Podcast Spotify Libsyn Amazon Music Audible Tweetable Quotes “Real estate is super creative. There's a million ways to make money.” - Eric Nelson --- Send in a voice message: https://anchor.fm/ikedre/message

How does Eric Nelson leverage a mindset for success to drive his real estate business? Eric is the principal of Wild Oak Capital and has been investing in real estate for over 10 years, and currently owns over 10 million dollars worth of real estate with his wife. Eric also co-owns a successful engineering company in Colorado.  Download the full episode: https://www.buzzsprout.com/1650301/10630098-episode-62-mindset-mastery-for-success-with-eric-nelson.mp3?download=trueKey topics in this episode: Eric's 10MM base - how was it built?Leveraging owner financing to make  deals workOvercoming limiting beliefsEric's favorite routines Top tips for new investors#podcast #multifamily #assetmanagement #podcasting #podcastlife #financialfreedom #investing #cashflow #redlineequity #crushingit #crushingcashflow #gains #finance #buildingwealth Learn more about investing with us www.investwithredline.com Get in touch with Eric:  www.wildoakcapital.com

Eric Nelson is the principal of Wild Oak Capital and is actively looking for partnerships and syndication opportunities. He has been investing in real estate for over 10 years and currently owns over 3.5 million dollars' worth of real estate with his wife, or partners. Eric also co-owns a successful engineering company in Colorado. Eric discusses the importance of having a mindset of success, and how it can be more valuable than any tools or routine one can put it place. He shares how he sets himself up for success each morning by spending some time alone before everyone else wakes up, and how this has helped him grown his business over time. Listen in as Eric advises listeners to check out his podcast, “The Real Estate Mindset”, which discusses different aspects of real estate investing and provides listeners with actionable tips to help them succeed in this field! [00:01 - 03:16] Opening Segment Eric says that one thing that has helped him stay on track is setting specific goals for the day He recommends that listeners to try morning routines themselves and see how they benefit their productivity He says that setting up a morning routine and setting yourself up is powerful   [03:17 - 08:02] Getting Good Quality Sleep Leads to A Better Mentality Eric found that waking up earlier has helped him get better quality sleep, which has led to a better mentality and fatherhood He recommends starting the easier habit first, such as Setting a journal the night before in order to create a sense of consistency and ease If you're going to exercise in the morning, set your exercise out the night before so you're not tempted to skip in the morning Never miss twice, so if you miss one day, don't feel about it   [08:03 - 12:36 ] Closing Segment Eric share one thing that can majorly move the needle towards your goal is to do today To learn more about Eric, visit his website: https://www.wildoakcapital.com Eric shares where you can get in contact with him (links below) Quote/s: “What's the one thing that can majorly move the needle towards my goal or whatever your next goal is that keeps you on the path. Everything else can be done tomorrow or the next day, or maybe I'll get to it all. But this one thing really needs to happen today for me to have longer term success.” – Eric Nelson You can connect with Eric through his: Website: https://www.wildoakcapital.com LinkedIn: Eric NelsonEmail: mailto:eric@wildoakcapital.com Podcast: The Real Estate Mindset WANT TO LEARN MORE? Connect with me through LinkedIn Or send me an email at sujata@luxe-cap.com   Visit my website www.luxe-cap.com or my YouTube channel   Thanks for tuning in!   If you liked my show, LEAVE A 5-STAR REVIEW, like, and subscribe!

Eric Nelson is from Southwest Colorado. He received a degree in Civil Engineering from Colorado State University. Eric is the principal of Wild Oak Capital and is actively looking for partnerships and syndication opportunities. He has been investing in real estate for over 10 years, and currently owns over 3.5 million dollars worth of real estate with his wife. Eric also co-owns a successful engineering company in Colorado and with his experience and background, Eric excels at underwriting, project management, investor communication, property inspections, and asset management. In this episode, we talked about: Eric's background on how he started in real estate investing Why is raising capital/funds more difficult than it needs to be? The challenges with running a multifamily real estate business and how to overcome them? Who can invest in multifamily syndication? How to find real estate investors and build partnerships with them? What are his biggest “Why's” and keeping him highly motivated? Valuing time freedom. Be persistent in achieving your goals. Powerful daily routines. How to involve and honor God in your business. Integrating your CRM and other tools to stay organized and on top of all the tasks. To connect with Erin Nelson and learn more about multifamily syndication, please visit: ➡️Website:

Are you looking to get into the real estate game, but don't want to quit your day job?  In this episode, Shane Brooks shares his story of how he made the move to multifamily while maintaining a W2. He discusses how self-education and building strong relationships with like-minded individuals were key steps in making his transition successful.  Shane is a project engineer for a midstream company and a partner at Wild Oak Capital. With his strong technical background, he excels at multifamily underwriting, asset management, and project execution.   [00:01 - 03:40] Utilizing Time More Efficiently Shane talks about his background and starting out with house hacking The changes brought about by the pandemic and how he scaled his knowledge in real estate   [03:41 - 08:47] Finding the Right Fit in Partnerships Shifting from the solopreneur mindset to the partnership mindset The precautions Shane and his partners took before making it official Here are some tips on how to find people to partner with What are you bringing to the table? Doing due diligence   [08:48 - 12:32] Balancing His W2 and His Business in the Long Term Why Shane wants to continue his W2 How he is expanding his network and his knowledge This is what Shane is curious about in terms of investing and taking their business to the next level   [12:33 - 13:47] Closing Segment Reach out to Shane!  Links Below Final Words Tweetable Quotes “We did a few things that I would definitely recommend to your listeners. We did kind of interviews with both Eric and our other partner… just to kind of make sure that our goals aligned, that we had kind of similar opportunities of what we were wanting to do.” - Shane Brooks   “If there's someone that you're really interested in… that you really want to learn from and maybe partner with or at least get into that circle, do your research to figure out what they need.” - Shane Brooks -----------------------------------------------------------------------------   Connect with Shane Brooks directly at shane@wildoakcapital.com or (970)759-6039. You may also visit the Wild Oak Capital website and check out their podcast, The Real Estate Mindset. They would love to share their knowledge and expertise with you.   Resources Mentioned: Raising Capital for Real Estate: How to Attract Investors, Establish Credibility, and Fund Deals by Hunter Thompson The Obstacle Is the Way: The Timeless Art of Turning Trials into Triumph by Ryan Holiday Connect with me: I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.   Facebook LinkedIn   Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on.  Thank you for tuning in! Email me → sam@brickeninvestmentgroup.com Want to read the full show notes of the episode? Check it out below: Shane Brooks  00:00 We typically try to sell our properties or investments in about three to five years. And so we've done that five times our iterations now, so very rare in our space. But it's, like I said, follows the same footprint as what we do in the multifamily space, private equity-backed company, small, kind of nimble, where we all kind of wear a lot of different hats. And so I really liked that piece of it because it makes every single day different and exciting. But then there's also keys that W2 to help support what my goals and dreams are for real estate. And so being able to do side by side for as long as possible is only going to help that and expand that even quicker.    Intro  00:35 Welcome to the How to Scale Commercial Real Estate Show. Whether you are an active or passive investor, we'll teach you how to scale your real estate investing business into something big.     Sam Wilson  00:46 Shane Brooks is a Colorado native working in Houston as a project engineer for a midstream company while also running a syndication company focusing in Colorado, Texas, and Oklahoma. Shane, welcome to the show.   Shane Brooks  00:58 Appreciate you having me on Sam. Pleasure to be on.   Sam Wilson  01:00 Hey, man, pleasure is mine three questions I asked every guest who com e on the show. Where did you start? Where are you now? How did you get there? Oh, before you answer that, it has to be 90 seconds or less.   Shane Brooks  01:08 All right, I'll try to make it quick. So yeah, I'm born and raised in Colorado, got an engineering degree from Fort Lewis College. I found out pretty quickly during college, I didn't want to pay campus housing. And so I started the house hack right out of school and a little townhouse with my brother and girlfriend at the time, who's now my wife. And so that's really where I initially began and kind of always had that real estate bug. And now I'm 29 years old and married about three and a half years, living in Houston now, but a lot of my initial growth investing was in Durango and of a small mountain town area, and then into a syndication space where the one deal we have in a contract will put us at 152 units, about 15 and a half million dollars under assets under management, and then also a limited partner in about 494 units in Texas.   Sam Wilson  01:54 That's fantastic. Tell me about how have you balanced working a W2 job and also launching a syndication company? And I guess inside of that the follow-up question to that would be if you figured out early, you know, house hacking right out of school, why don't you just stick with it?   Shane Brooks  02:08 Yeah, so I'll start with the first part. Coming out of school is I knew, I've always been a numbers guy, financial guy. And so I knew that that made a lot of sense. But I know a lot of the metrics behind real estate and how to actually run that properly. So looking back, there's definitely some things I would have done differently, but at least got me into the space. And so educating myself, it really didn't come till I would say early 2020, basically, right when the pandemic hit. It really kind of took off and started self-educating myself and scaling it that sense. So it's been a lot of scaling here recently. But it's all knowledge-based, and I would have done a lot of things differently if I could have. But in terms of balancing, I think part of it goes to the pandemic itself and somewhat of a blessing there. So we started a hybrid schedule with my W2 job. And then during the height of the pandemic, we were actually working from home for about six months, seven months. And so working from home, you don't have that hour commute into town, you don't have two-hour commute back. So you kind of get a lot more time efficiency. And with that, it's like, well, I need something to fill my time and I don't want to be watching TV, I immediately when I get done with the workday. So started just diving into real estate, more podcasts, reading that kind of book that I could to just fill my space and utilize that time more efficiently. So that's really how it started. And we're, like I said, we're on a hybrid schedule. We're doing Mondays and Fridays from home. And so I kind of taken advantage of that. And the times that I'm not in my W2 space, it's all that efficiency goes right to real estate.   Sam Wilson  03:41 Gotcha. How have you scaled this? You're now a part of Wild Oak Capital. How did you discover your partners? How did you guys figure out who's going to do what? How did that process happen?   Shane Brooks  03:52 Yes. So it's actually a pretty organic operation. My mindset was always going to do things quickly. On my own, I really didn't have a partnership mindset to begin with. So I was doing a lot of off-market deals, looking at different creative ways to get into the space in Durango. So Durango is a fairly expensive market. So not something you can just go on the MLS and buy something on and not a lot of multifamily is that are just sitting out there. So I realized that small multifamily was my best option in town. And so I really started getting creative and just doing a lot of different transactions there. And which placed me in Durango, I think six or seven different times throughout that year, even though I was in Houston. So there was a real estate meetup here in town. And every time I was here, it was like that same day I was here. So I just made it a point to go see what everyone else was doing. Be a part of that meetup. And after I was kind of there for the three or four in a row, the host of that meetup, it was actually Eric Nelson, who's my business partner now. He reached out, loved kind of my story, what I was kind of doing and selling, what I was proficient at, which is really the numbers underwriting deal sourcing that sort of thing. So he actually asked me to be kind of a contract person to help them get caught up on their underwriting, since they had just started him and another partner of ours a syndication space in Oklahoma. And so they were getting a few deals kind of in place, they built the broker relationships, but they couldn't keep up with the inflow that was coming in, because they were still working their W2s as well. So that's how I got at least hooked up with them, we realized really quickly that it was a great partnership. And so we created a group there and then actually brought our fourth partner on to kind of help with asset management processes and procedures, a lot of the back office kind of stuff to round out our group of four.   Sam Wilson  05:36 That's awesome. Talk to me about the contract underwriting side of things. You use those two words together. And I want to kind of hear maybe for our listeners, how you went into that initially, to add value to these guys, it doesn't sound like you went into it with this idea that, hey, we'll be partners someday.   Shane Brooks  05:51 Yeah, I'm really looking at apartments, I never even had it in my mind was like, we could be part owner that we could be in this space. And so large multifamily space was never on my mind. But I knew what I was really good at. There's almost like a weekly amount that my business partner Eric was willing to pay to kind of get help cut up into the space. And it was his idea, I didn't reach out, kind of didn't know what they were looking for exactly. But I kind of took it as an opportunity, is like I know enough in this space. It's intrigued me. And I think I can really excel. And so I kind of just took that opportunity. This is more of a handshake contract basis. But like I said, it turned really quickly into something that we knew we could form down the road. And we took all the kind of same precautions. So we did a few things that I would definitely recommend to your listeners to is we did kind of interviews with both Eric and our other partner that was already in the group. So we did multiple interviews, just to kind of make sure that our goals aligned, that we had kind of similar opportunities of what we were wanting to do. But they also had our specifics that we were good at. And we can kind of piggyback of the other partners in the group. And then we actually did a small deal in Lubbock, Texas together, just as the three of us to really gauge how we operated together. And there was three duplexes, so wasn't a huge burden on the capital side. But it really kind of helped put in place where each other was strong and proficient, where we wanted to focus and then helped us really solidify that we wanted to form a group together.   Sam Wilson  07:18 That's really cool. Yeah, I love the idea of starting small and really getting the kinks worked out, that's certainly a valuable way to go about it. That's an interesting way to get in, you know, I know that there's contract underwriters out there, there are people that hey, you know, I get, you know, emails all the time, who said, hey, help out with underwriting for a fixed fee per deal? Or whatever it is, but bringing that skill set to the table? Is there anything else you would recommend that people do? If they are out trying to form a partnership? Or if they are looking at their skillset, saying, What can I bring to the table? What's a good way to go out and really find other people to partner with?   Shane Brooks  07:52 That's a great question. And I think really just doing your due diligence. So if there's someone that you're really interested in, maybe their level above you, that you really want to learn from and maybe partner with, or at least get into that circle would be doing your research to figure out what they need. A lot of these operators, they may have an area that they're lacking, or they may need help on, but they don't maybe know it right off the top of their head. And they get asked that all the time, you're going to hear that people get asked how can I add value to you, where the people that actually stand out is people that come to you and say, hey, I've been following you, I've seen some of the properties or projects you've been doing. This is where I think that you're maybe lacking or this may be where I can kind of help in and take something off your plate. But if you do that initial research, show them that you're committed, you're going to be way more successful to kind of get into their loop and have them kind of get some feedback into whether that's a partnership, or at least getting into that space to kind of breach their circle and see where they're going at. That'd be the biggest part for me.   Sam Wilson  08:48 Got it. Man. That's absolutely fantastic. Let's talk about your W2, how long are you going to work that? And what's the long-term plan?   Shane Brooks  08:55 Yes, I've been at my W2 for about eight years, actually the same company I got with right out of college, and great company, I mean, love everything that I do there. And so that's really why I've run both of these side by side for so long. And plan to continue that. It's a great company that actually acts very similar to a syndication in the real estate game. So we do the same type of process, we'll go into kind of an underdeveloped area, and really build these midstream assets, operate them, get them stabilized, staff them and then we'll operate for a while until we put them on the market to sell. And so we typically try to sell our properties or investments in about three to five years. And so we've done that five times our iterations now, so very rare in our space. But it's, like I said, follows the same footprint as what we do in the multifamily space, private equity-backed company, small, kind of nimble, where we all kind of wear a lot of different hats. And so I really liked that piece of it because it makes every single day different and exciting. But then there's also keys that W2 to help support what my goals and dreams are for real estate. And so being able to do side by side for as long as possible is only going to help that and expand that even quicker.    Sam Wilson  10:04 As a limited partner, how have you gone and found the people that you wanted to invest with yourself?   Shane Brooks  10:09 Yeah, so a couple of ways would be podcasts and meetups or conferences. And so I listened to a lot of different podcasts. And if there's a guest that kind of comes on that I connect with, maybe they've got a similar story, or maybe they're doing a little bit bigger deals in my area, there's one of my focuses is being in Houston, I wanted to find an operator that was very transparent, I wanted to see what they were kind of doing being allowed maybe on the properties, being a little more involved as a limited partner, and not just to invest as a limited partner, but to also take their knowledge and be able to apply that to our business to make our syndication company even better. So I really wanted to focus on someone local that I could visit, and then someone that was transparent and open about what they're doing. So we can share and kind of hands our business as well. So a couple of those from podcast, I've reached out, obviously, they always leave their contact information. And I would say 95% of the time, you're gonna get a response. If you reach out to someone on a podcast.   Sam Wilson  11:08 That's for sure. That's a great tip, there's so at the end of this, obviously, you get a chance to leave your contact info. And usually people give you a direct way, a direct line on a podcast says, Hey, this is exactly if you want to get straight to me, here's how you do it, which I think is really cool way to do things. Tell me something you're curious about right now.   Shane Brooks  11:25 Yeah. So curious, on my end is really some of the larger deals, that larger value add multifamily complexes in some of these Texas markets that are outside of your main cities. And so right now, our focus has really been about 30 units, 125 units for various different reasons, but really wanting to break into that next larger space. And so that's, our curiosity is really peaked so far there to really understand some of the nuances that are different from the smaller complexes and to the larger, and some of the challenges we overcome to be able to take some of those projects down. So I try not to get object syndrome, because you could go down that path really quick. But right now, I think, at least on a focus level, that's where our curiosity lies.   Sam Wilson  12:08 Fantastic. What's the book you're reading right now?   Shane Brooks  12:10 Lot of different books, we actually have a little kind of book club in our group just to make sure keep us accountable for always kind of expanding. But Raising Capital by Hunter Thompson is one that we're focusing on right now as capital is a huge part of this business. And that book is an amazing book. Obstacles is The Way as another one, which huge mindset piece. So those are two probably currently that we're focused on.   Sam Wilson  12:33 Love it. I love the book club inside your little group that's always learning. Absolutely critical to success. So fantastic, Shane, I've enjoyed this. Thanks for taking the time to come on today. If our listeners want to get in touch with you, or learn more about you, what is the best way to do that?   Shane Brooks  12:47 Our group is called Wild Oak Capital, but we also have a podcast as well. The Real Estate Mindset, we focus a lot on mindset. And then big part of our business is education. We love to teach and kind of bring that knowledge to others. No charge at all. On our end, we just we love talking about real estate, so anything that we can share, we would love to do so. So wildoakcapital.com is our website you can reach me directly at shane@wildoakcapital.com, or even on my cell at 970-759-6039. And we'd love to connect with any of your listeners and help out in any way we can.   Sam Wilson  13:18 Thanks, Shane. Have a great day.    Shane Brooks  13:19 Thanks, Sam.   Sam Wilson  13:21 Hey, thanks for listening to the How to Scale Commercial Real Estate Podcast. If you can do me a favor and subscribe and leave us a review on Apple Podcasts, Spotify, Google Podcasts, whatever platform it is you use to listen, if you can do that for us, that would be a fantastic help to the show. It helps us both attract new listeners as well as rank higher on those directories so appreciate you listening. Thanks so much and hope to catch you on the next episode. 

Have you ever been part of a team that just didn't function?   Whether it's half-hearted members of a group project or partners in an investment, most of us have the experience of putting out fires for others. When money is on the table, the stakes get that much higher.    This is why the best investment strategies utilize effective teamwork to get the job done. Whatever that looks like for your circumstances, from good communication to solid delegation, will surely grow your potential for success.   Today's latest Cash Flow Pro episode brings on real estate entrepreneur, Erik Nelson, to discuss this very topic. Erik is the founder and CEO of Wild Oak Capital, a multifamily syndication firm that takes pride in its emphasis on collaboration involving trusted and competent partners. You wouldn't want your hard-earned money being with anyone but!   In this episode, we discuss:   The benefits of house hacking; especially as a gateway into real estate Investing in the most important asset of all: yourself The importance of relationships and teamwork in scalability Nuances behind passive multifamily investment and how you can profit from it   If you're looking to learn if multifamily is the right asset class for you and how the dynamic of a good team can make or break any investment, then Erik may just have the advice you've been waiting to hear.   Find your flow, Casey Brown   Resources mentioned in this podcast: https://www.wildoakcapital.com/ https://www.linkedin.com/in/eric-nelson-9249b6216/  

Eric Nelson is the Founding Principal of Wild Oak Capital. He has been investing in real estate for over ten years. Eric and the Wild Oak team provide investment opportunities through multifamily syndication.   As a co-owner of a civil engineering firm, Eric's range of skills suits the field of syndication and real estate on both the technical level and client relations side. Eric is also the host of The Real Estate Mindset podcast, where he discusses with industry leaders what it takes to be a successful investor based on continuous personal and professional growth. Eric and his wife Marie have two young boys and love to spend time outdoors at their home in Southwest Colorado.   Let's dive in! [00:01 - 11:26] Opening Segment How and why this Engineer became interested in Real Estate Eric and his brother did househacking in college Why Eric didn't buy into the 401K and stock market in general Eric shares what happened to their very first deals Teaming up with others is tough but meaningful Try out what works best for you Jump and take the leap   [11:27 - 19:51] Real Estate is infinitely better Eric's Engineer background Most Engineers depend on 401K retirement Eric has a best option for early retirement Be more conservative! What resonates most with people Having a safety nest A personal connection   [19:52 - 26:21] Eric's syndication business Where they do like to invest An awesome manager and a solid team What type of properties they look at Eric's big why for doing real estate Two things Eric loves the most about in this life   [26:22 - 28:03] Closing Segment  Final words   Connect to Eric:   Call or text him at 970-946-5147 Visit his website at www.wildoakcapital.com and shoot him an email at eric@wildoakcapital.com Listen, follow, and subscribe to his podcast The Real Estate Mindset   WANT TO LEARN MORE?   Connect with me through LinkedIn   Or send me an email sujata@luxe-cap.com   Visit my website www.luxe-cap.com or my YouTube channel   Thanks for tuning in!     If you liked my show, LEAVE A 5-STAR REVIEW, like, and subscribe! Tweetable Quotes   "Syndication, for me, is the best way to spend my time because it is giving an opportunity to our investors to be in this world. Super passive, and I put all kinds of my skills to use.” - Eric Nelson   "You are a steward of other people's money. You really need to know what you are doing.” - Eric Nelson   "Investing money into syndications needs to be extra money above your emergency fund first.” - Eric Nelson   "We're just buying time instead of trading time for money. That's my long term why” - Eric Nelson

Can an events planner succeed in real estate? If we are to ask Ben Nelson, he will definitely agree as he is a prime example of someone who had organized record-breaking events worldwide before diving into real estate projects. In this episode, he will share some lessons he learned from organizing events and how he applies them in making real estate deals. He will also share a bit about his humble beginnings back when he was still not into real estate and the reason he made the jump even if he already had a lucrative career.    [00:01 - 02:19] Opening Segment Ben Nelson was not really into real estate, but his brother was How his brother convinced him to take the jump He shares how the COVID-19 pandemic affected his real estate education [02:20 - 12:02] From Planning Events to Preparing for Real Estate Deals These are the skills under events management that Ben has brought to real estate Here are some tips from Ben to manage tasks happening simultaneously This is the most influential part of being a leader according to Ben [12:03 - 13:50] Raising Capital for Real Estate Deals Ben talks about the roles and responsibilities within their team Why they adopted a “people first” philosophy for their real estate business He shares some strategies that they apply to raise capital for a deal [13:51 - 18:59] Closing Segment A real estate mistake you want the listeners to avoid Not asking questions It's better to be honest and proactive in looking for the answers Your way to making the world a better place Building self-sustaining communities  Reach out to Ben Links below Final words Tweetable Quotes “I built in this habit of writing down exactly what the next day is going to be like, not just for my time…but all the tasks and what we want to do. So when you get to the day of every single day…you don't have to think very much.” - Ben Nelson “...knowing that you can continuously walk through your day without having to remember or think about what's going on makes you super effective.” - Ben Nelson “People will react to you how you allow them to and people will come to you and act as you act.” - Ben Nelson -----------------------------------------------------------------------------   Email ben@wildoakcapital.com to connect with Ben or follow him on LinkedIn. If you want to work with a company that understands the ins and outs of the real estate industry, check out Wild Oak Capital now! Listen to the Real Estate Mindset Podcast to learn more about their work.  Connect with me:   I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.     Facebook   LinkedIn   Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on.  Thank you for tuning in!   Email me → sam@brickeninvestmentgroup.com Want to read the full show notes of the episode? Check it out below: Ben Nelson  00:00 It really depends on the property. Obviously, I'm painting with a broad brush here. But that's kind of how we think about is we want to be well-capitalized on the front end. And if that leads to great returns, if we end up putting some of that money back, fantastic, and we're very happy to return that. But we'd be far, rather be able to look folks in the eyes and say, hey, we're asking for a little extra money on purpose. We've underwritten this, and it's a deal in this way on purpose, because we want to be able to weather the storm. We'd rather don't ever want to go back to the bucket if we well, no, we don't go back to the well.    Intro  00:29 Welcome to the How to Scale Commercial Real Estate Show. Whether you are an active or passive investor, we will teach you how to scale your real estate investing business into something big.   Sam Wilson  00:41 Ben Nelson has produced multiple world records setting and breaking events and productions, and he's used that detailed planning style in his asset management and planning. He's now a multifamily syndicator as part of Wild Oak Capital. Ben, welcome to the show.   Ben Nelson  00:53 Thanks for having me. Sam. said here,   Sam Wilson  00:55 Hey, man, the pleasure is mine. I know I met you just a little over gosh, what me a month and a half ago at a conference, which was a blast, getting to know you at that conference. But for our listeners that don't know, in 90 seconds or less, can you tell me, where did you start? Where are you now? And how did you get there?   Ben Nelson  01:09 Sure, I actually give most of the credit to my younger brother, Eric. He's been playing the real estate game for a long time. My dad had dabbled a little bit in small multifamily and some rentals back in the day, but Eric really kind of lifted it up. He's been bugging me for a long time. I come from, like you mentioned from large action sports and producing large difficult projects, he kind of been putting the bug in my ear for years and said, hey, a lot of what you're doing makes much sense. And then our friend COVID came along, Eric and I had, you know, gone together and a couple small multi families and, you know, kind of got my feet wet into the real estate market, but COVID came along and shut everything down. And quite frankly, the majority of that in my world, you know, we made a living gathering people together. And as soon as we could do any of that, it really made me focus on what that means. In the long term, you know what trading time for money means, especially when you can't trade time for money, and there's no other source of income. And really kind of looking at what that means. You know, I'm always building things for other people, other places, and really changing my focus where I can start building something for my family and for myself, but also help the communities as well and build something that lasts more than just a couple of moments and fleeting moment in time, if you will. We're really proud of stuff we produce. But I'm excited to use those skills and translate to multifamily.   Sam Wilson  02:20 For sure. Yeah, certainly. And just to give kind of our listeners a scope, or scale of some of the things that you were doing, I mean, just for fun kicks and giggles here on the show, tell us maybe one of the more fun world record, some things you mean, you weren't just putting on like, “Hey, we're gonna go out and you know, do an event over a weekend.” You're doing some pretty nutty stuff.   Ben Nelson  02:39 Yeah, we have the opportunity to work with some fun people, for sure. So we've broken world records in snowboarding, skiing motocross, for height, distance, we've jumped trucks for distance, you know, most people are familiar with Red Bull Stratos. We were really fortunate to be able to participate in that program and work some event ops on the ground there and help put them in into near space, I'm happy to say that I have a very small piece of something that lives in the Smithsonian, which is something I'm pretty proud of for the rest of my life so well.    Sam Wilson  03:05 Yeah, man, that's absolutely fantastic. Are you doing anything in the event space now or is that completely behind you?   Ben Nelson  03:11 No, I think I'll always have my foot in there. It's a passion of mine. And something, you know, you build skill set in a certain place, you build relationships in a certain place. So I've transitioned from, you know, producing those things full time and really spending, you know, project like worked on a race in Brooklyn this last year. And it really requires a lot of energy and time, and I was gone for, you know, 30, 40, 50 days a year with my family. So I've transitioned into building some stuff, we've you know, we're producing some smaller real estate conferences, but also some things for fun in town, I planted some seeds during COVID. And, again, started reestablishing relationships locally. So we're doing some things. You should come out. There's a, there's an event called chicken fight May, or basically, it's a fried chicken and whiskey festival, and we shut down an amusement park and we invite all our friends to come have a good time and taste the best chicken in town is about 40 or 50 restaurants that I'll compete for a couple of different titles. So it's more about transitioning the time that I how I choose to use my time and really taking control and ownership of where and how I use my time. So I'll do some smaller events for fun. And we'll you know, we'll gather some folks, but I'll spend most of my time focusing on building a legacy for my family. And for those folks in the community we work with   Sam Wilson  04:17 What has it been what have been some of the skill sets, because a lot of this industry for real estate is built on two things. I say it all the time on the show deals and money, like you need both of those. But marketing is a component of both of those in a very heavy way. And the industry you've come from is a heavy marketing industry. What are some of the skills that you've used that have kind of crossed over?   Ben Nelson  04:38 Well, I think you need to be scrappy, and it's just like a lot of industries as well. So it is deals is deal flow, but a lot of this is relationship right? So a lot of the ability to have conversations with people, the ability to ask questions, perhaps that normally people don't ask, you know, everybody knows how to call a broker. Everybody knows how to follow up with a broker but building relationships in such a way and I know I'm not the only one says this what value are you adding to folks on the broker side, you know, we also do try to source quite a bit off-market, we've got our own sources and some things that we're doing there that we build in. But I think the biggest thing that I've found, and the thing that translates the most from events to how we operate is game planning. And what you know, it's can be called production schedule, it can be called run a show, it can be called, you know, battle plan, if you come from military, what we found is running with a script that you pre-plan. So I built in this habit of writing down exactly what the next day is going to be like, not just for my time, blocking out the time, but all the tasks and what we want to do. So when you get to the day of every single day, it's you don't have to think very much, you're just going in with the planning setup. And I've found that it saves me a tremendous volume of time, and efficiency to do that. So whether you know, and if we have to shuffle things around and adjust, but that's been huge for me. So marketing is one thing, but I think to me, it's a really low hanging fruit idea, but very few people actually take the time to truly plan out and the day for me, it's the day before I wake up in the morning, like, I don't have to think about anything, I just execute my day. It has truly saved so much time.   Sam Wilson  06:04 When do you do that game planning? Do you do that the night before the morning before? Like, do you think in 48 hours in advance? What's that look like?    Ben Nelson  06:12 No, I usually do about 24 hours. I mean, it's the excuse me, it's about the night before. So that's a part of the rhythm My day kind of closing down. There's a couple of different journaling tactics that I've kind of put into my life. I use the Daily Stoic. So Ryan Holiday has thing if you're familiar with any type of that stoicism, but it's just really is kind of more thought starters. And thought enders, at the end of the day, it's kind of following his lead, there's an end of the day journaling. And then I'll just sit down and for 15 minutes, go through my calendar and what's on the horizon for the next day and figure out you know, what, what's the plan? What do I have time? What am I going to fit in? What are my top three priorities, what other things I need to do? And then I have, like I said, I've got a game plan for the day. And I write in pencil, I become a pencil guy, for sure. And it's the ability to adjust but knowing that you can continuously walk through your day without having to remember or think about what's going on makes you super effective.   Sam Wilson  06:59 Yeah, absolutely. I mean, that cuts down on the mental fatigue. And that is where you know, so much of the time we lose countless hours in the day, just from transitioning from one task to the next to the next. Do you time block particular items together? Do you time block? What's that process?   Ben Nelson  07:15 Yeah, I mean, I think I'm like a lot of people in this space, right. Like, I've got multiple projects and multiple rounds going on, you mentioned events, you know, and there's other projects I'm working on that we're trying to kind of cross over. So I do try to block those out. But it allows me to not have to shift back and forth. Like I'm going to work on this thing for three hours. And most of the people that work with me understand that, hey, I'll get back to you at 11 am. And then from 11 to 3, I'm all yours. But in the morning, I'm working on something else. And as long as you set those understanding barriers up with folks you're working with to you can be difficult, you know, like everybody wants everything from me all the time, like we're gonna give it to me as soon as you possibly can kind of space and with the internet, everybody wants everything out. But it's up to you. I mean, that's something I've learned, I mean, people will react to you how you allow them to, and people will come to you and acts as you act. And I think the most important thing there is it allows me to be respectful of other people's time. That cuts down on you running late from meeting to meeting and it cuts down from you having to constantly shuffle and like oh, hey, can we reschedule this, if you're thinking about it, you know, the night before, and you know exactly what your day is. And you can send it up the night before if all of a sudden you come across something, then you can be respectful of people's time and you're not reacting constantly, you can be proactive about what that is. You know, there's a story that I tell sometimes is a guy that I met, he actually works, he was my wife's boss. And we were sitting with him for some reason. And he excused themselves that I'm very sorry, I have to lose me, there's somebody who's very important that I need to speak to. And it says in such a way that we thought it was like a president of a company or something like that. He said, I came to find out later that day, it was a new hire, like one of the most junior people he was putting on his team. But the way that he thought about that, and the way he prioritize that in his day, and he excused himself from a meeting saying I'm very sorry, but I have a very important phone call that I have to take with a very important person sets the tone. And it's like he didn't tell us that, we found that out from somebody else. But the respect volume that I got from that one interaction, and the way that I try to put that into my days is enormous.   Sam Wilson  09:10 It's interesting that commanding your own calendar the way you want it and saying, “Hey, look, I'm time blocking, I'm taking care of the things that I have to take care of now in its own right,” really helps you value other people more. That's a, that's a really unique twist on that. And I like that because then when you're on, you're on, and when you're off, you're off, like, “Hey, I'm not here, I'm doing the things I've set out for me to do.” And you probably are way more efficient that way as well.    Ben Nelson  09:35 Well, you also set an understanding and respect level for the people to show up prepared, right? Like we don't take meetings unless there's an agenda, like it just the way that it goes. Like we will respect your time if you respect ours. I promise that I'm gonna show up. I'm gonna show up on time and I'm sure prepared and I expect the same of you. So it's just again, it's a way that you treat people. It's the way that you put that out there. You know, you go back to events. The reason that this is really important on a large-scale event is, I go back to the racing example, you know, we're building this race in Brooklyn, we may have 50 different vendors on site all trying to accomplish things at once. And if you haven't in advance, orchestrated, who goes where with what materials and machines, and which people and you're not taking care of making sure that people are doing it safely. And all of a sudden, something breaks down his machine, you have to have the ability to pivot, if you don't have a plan, understand what happens down the line from that, you can get in some serious trouble because most of these, you know, we're working 18, 20 hours a day, if you lose five hours, then you can legitimately lose a day by the time you're done. So you know, and you've got lots of money on the line is just like real estate, right? You have other people's money that you're trying to take care of, and do a good job. So by planning efficiently by thinking through the what-ifs by thinking, actually writing it down, and sharing that with somebody else, you're not only holding yourself liable, but you're also putting it out there like hey, this adds together, this is what we're going to go about. So it works in asset management, it works in birthday parties, it works like all the way down the line, man, just depends on what you're looking for, and how you want to how deep you want to get in the planet. But it's been super important. For me, it's been really helpful for me and how I operate business.   Sam Wilson  11:07 What role have you taken inside of the multifamily real estate business?   Ben Nelson  11:12 Mostly asset management. I mean, we're a small group, it's a team of four. And I will say, you know, team building has been the most influential part of my development as a leader, also, the ability to give and take. So we're fortunate in the sense that we've found all of us found for people and again, the credit goes to my brother, he's really done the most work putting these folks together. But we have overlapping skill sets, we have the ability, so any one of us can underwrite, any one of us could do asset management. But we kind of have our lanes in that sense. So Eric, and I focus primarily on you know, asset management and fundraising. Eric's kind of out front, he's got the podcast, we'd love to have you on the podcast, and really kind of that public-facing side. John does a lot of the sourcing and deal sourcing and Shane is smarter than any human I've ever met at math the guy can underwrite in his brain, and it's insane to me. I'm more words than the math on my side.   Sam Wilson  12:03 That's absolutely intriguing. Tell me about the formation of your team and then I want to hear what assets you guys are buying right now.   Ben Nelson  12:09 Sure. Eric really was sort of the central wheel here. He knew some folks like we're all participating some masterminds, Eric's involved in some we both actually Eric and I both utilize the same business coach, also, which I would plug that also if anybody's thinking about it, you know, there's tons of programs everything else I think two weeks is own, but I focus on a kind of a bi-weekly business coach. Through that Eric and I met John introduced that and Eric and met Shane, actually, just through a meetup in Durango. Eric was in Durango, Colorado. And Shane has a couple properties there. And as by chance, they struck up a conversation, start talking. And we kind of made this Voltron and they those three together and met each other. And then I kind of came into the mix, especially at the end there because it was right when we were finishing that big race. And like I said, I disappeared for about 30 days, they asked me to just sit and have a conversation with them. And it just seemed to work. Like we have, like I said, we have overlapping skill sets, we have overlapping personalities. So what's really, really nice though, is it allows people to have a life that allows people working on the projects and allows people to pay attention to multiple things. And we consistently can keep pushing, right, like we picked up, we went through a really dry spell and to bleed into your second question. It's really tough out there right now. There's a lot of money in the game. And there's a lot of people throwing good money after bad and underwriting deals in such a way that I honestly don't understand. And I think it could be a little bit dangerous, especially if you know, it's assuming that everything was gonna keep on rolling the way it's gonna roll. If there's a shift, I think there's some people gonna get water. So we were playing really firmly in the multifamily space, we kind of a B2C category, a lot of value add is what we're looking to produce. We've been heavily into Texas and Oklahoma, we've just been reaching out some deals here in Colorado, looked at some in Louisiana, but Texas in Oklahoma has been kind of our bread and butter. And there's a lot down there that we understand. We've had to develop some great relationships, we're not opposed to moving to other places, again, Colorado, mostly because I'm here and I have the ability to develop relationships in person. Shane and John, both live in Texas and they've been able to do the same. But I think we have to be really smart about how the shift in the market is coming and what that actually means. And again, we're really conservative. I know, everybody says they're conservative, but I've seen some people's numbers. And I think that we're actually conservative, but we really want to make sure that we're building this for the long term. And we're really focused on community. We sat down together as a team in Mexico, we just took a couple of days and disappeared and said, “Hey, we just need to spend some time together.” And the one thing that I remember coming out of that meeting and the formation of what we're going to do this year is that we've decided “people first” and we say it all the time internally. So it may be a great deal. We may be able to make some money on it. But if it doesn't help the community if it doesn't raise that community up if we're not providing a quality product, then we don't we've said no to a bunch of things that probably could have made us money already this year. It just didn't make sense for us to to help in that community though.   Sam Wilson  14:52 That's really, really intriguing. Absolutely fantastic. I love that and I guess what are some strategic steps you guys are taking right now to prepare for a potential recession or change in the market wins? What does that look like?   Ben Nelson  15:05 Yeah, I mean, it really depends on who you talk to you, right? Like half of the multifamily group thinks it's going to be a rock chip and never gonna land and the other half is doom and gloom, and everything's gonna go wrong. I tend to swing somewhere in the middle there. So a lot of it is really just being smart about capitalization, our ability to fix things, and again, it goes back to that planning for the what-ifs, right? When I look at some people's underwriting, there's sometimes very few what-ifs, it goes back to production planning to battle planning, our ability to pivot, we say, hey, we want to turn all of these units out to be X. And also we're going to add a dog park. And also we're going to add a playground, for example. But we also know that we have a margin in there that if we have to say, hey, we're gonna hold on that dog park, everybody's gonna get units turned, or we know that if we project rents and if we get to a downturn where we have the ability to cover our ratios, we have the ability to still do some things we ride into, like, yeah, we'll do gifts at Christmas, we want to do some community engagement thing. So we add in a couple of these additional pieces, and we're really open about it with our investors, like, “Hey, this is what we want to do, you can take a look, we'll go through the PPM like where our money goes.” And it really depends on the property. Obviously, I'm painting with a broad brush here. But that's kind of how we think about is we want to be well-capitalized on the front end. And if that leads to great returns, if we end up putting some of that money back, fantastic. And we're very happy to return that. But we'd prefer rather be able to look folks in the eyes and say, Hey, we're asking for a little extra money on purpose. We've underwritten this, and it's a deal in this way on purpose, because we want to be able to weather the storm, We'd rather don't ever want to go back to the bucket. It's we well, no, we don't go back to the well,    Sam Wilson  16:39 Right. What is the percentage, do you have a certain percentage over that you are typically raising for a deal?   Ben Nelson  16:46 That's a tough thing because it really depends per deal on what that deal needs. Were mostly in the value-add space. And I think it depends, because it's a really volatile time right now, too, right? Like the volume of dollars that it takes to build attention two years ago versus the dollars it takes to build that today are dramatically different. So we take a look at the prevailing winds, we take a look at what we're looking at for, you know, for example, we're looking at a group of units up in the mountains. And for us to get labor up there for us to do some of the turns up there is exponentially more expensive than it would be in say Lubbock, Texas. So it's hard to put a percentage. I know that's kind of dodging the question, but it really depends on the market. And it really depends on the project. You know, we look really heavily a debt to income or student debt coverage ratio. And we want to make sure that we're in the green pretty strongly. They're both from anticipated rents, but what we think we can do in the short term as well.   Sam Wilson  17:35 Right. I love that. Ben, thanks for coming on today. This has been a blast. Last three questions here for you. What is one mistake you can help our listeners avoid and how would you avoid it?   Ben Nelson  17:43 Ask questions. Never be afraid to say, “I don't know the answer to that but I'll find out.” The ability to be honest with people and the ability to go and find the answer and ask questions. Building those relationships is the number one lesson that I've learned across all of the industries I've ever worked at.   Sam Wilson  17:57 Right. I love that next question for you. What is one way you're making the world a better place   Ben Nelson  18:02 Just talking to you man, I every day I get to see you and makes me, my heart glow. Oh no, we try to do whatever we can to lift people up. And again, that's a variety of things. But we really want to build communities that can help themselves and support themselves with building better places for people to live and raise their families is important to us.   Sam Wilson  18:17 Right, Absolutely. I love that last question. If our listeners want to get in touch with you or learn more about you what is the best way to do that?   Ben Nelson  18:23 Look us up, wildoakcapital.com. Take a look. We've got a couple of deals coming through. Please sign up. We'll send you out information every time we get a new deal.    Sam Wilson  18:31 Awesome, man. Thank you, Ben for your time. Appreciate it.   Ben Nelson  18:32 Thanks, Sam. Appreciate it.   Sam Wilson  18:34 Hey, thanks for listening to the How to Scale Commercial Real Estate Podcast. If you can do me a favor and subscribe and leave us a review on Apple Podcasts, Spotify, Google Podcasts, whatever platform it is you use to listen, if you can do that for us, that would be a fantastic help to the show. It helps us both attract new listeners as well as rank higher on those directories so appreciate you listening. Thanks so much and hope to catch you on the next episode.  

Welcome to the Business with Beers Happy Hour!This past week I had Eric Nelson on the show. Eric is the CEO of Wild Oak Capital, a company that specializes in multifamily investment properties. We talk about looking out for opportunities and taking action to get results.We also talk about creative financing and join ventures to acquire investments. What are your personal investment goals? We'll get closer to them in this episode.To learn more about the concepts discussed podcast go to https://www.brianbeers.com. I also recently relaunched my weekly newsletter that provides a few gold nuggets to inspire growth in your business, wealth, & life. Connect with Brian you can follow him on Instagram and facebook, connect on LinkedIn or email brian@beerspodcast.comRemember to take the actions other won't to live the life others don't.

This week I've got Eric Nelson on the show from Wild Oak Capital. Eric is a real estate investor who specializes in multi-family apartment syndicationEric shares a couple great stories of his first few multi family deals where he used creative financing to acquire the properties with little money down and excellent terms. We also have a conversation with actionable tips on what to look for when you're considering investing as a limited partner into a syndication. I also found it interesting to hear about some of his joint-venture deals. You don't need to be an accredited investor to do a JV deal. It's a matter of matching up the right operational partner with a capital partner.  If you enjoyed this episode, I would really appreciate it if you could take 2 seconds to tap the 5-star review button on Apple podcasts and even better to leave me a quick review. In addition I relaunched my weekly newsletter that provides a few gold nuggets to inspire growth in your business, wealth & life. Go to brianbeers.com to subscribe.Connect with Brian you can follow him on Instagram and Facebook, connect on LinkedIn or email brian@beerspodcast.comLinks:Wildoakcapital.com

Eric Nelson is the Founding Principal of Wild Oak Capital. He has been investing in real estate for over ten years. Eric and the Wild Oak team provide investment opportunities through multifamily syndication. As a co-owner of a civil engineering firm, Eric's range of skills suits the field of syndication and real estate on both the technical level and client relations side. Eric is also the host of The Real Estate Mindset podcast, where he discusses with industry leaders what it takes to be a successful investor based on continuous personal and professional growth. Eric and his wife Marie have two young boys and love to spend time outdoors at their home in Southwest Colorado. In this episode Eric talks about common misconceptions regarding syndications. Eric shares with us his story behind the most interesting deal he's ever done and the non-traditional financing associated with it. Connect with Eric: Website: www.wildoakcapital.com Email: eric@wildoakcapital.com Partner with us: www.pac3capital.com Follow the show on Instagram: @themultifamilytakeoff

Opportunity sometimes knocks in the most unexpected circumstances. In this episode, we speak to Eric Nelson, CEO of Wild Oak Capital, and he shares how he was able to buy his first multifamily property by just walking around his neighborhood.Eric talks about how important it is to gain the trust of the person you are dealing with, as well as build a relationship with them. He also talks about overcoming the limiting beliefs and how getting his wife onboard in their real estate business is a good move. Tune in now and learn a lot about Eric's experience!

The importance of mindset cannot be overstated. If you want to take your work and investments to the next level, you need to be motivated and the foundation for that energy is the mindset you are in. This is the message that our guest today, Eric Nelson, wants to give aspiring multi-family investors so that they can start to gain the rewards that he knows are possible. Eric hails from southwest Colorado and received a degree in Civil Engineering from Colorado State University. He is currently the principal of Wild Oak Capital and is actively looking for partnerships and syndication opportunities. He entered into the property market during his college years, and currently owns over 3.5 million dollars worth of real estate with his wife and partners. On top of all that, Eric also co-owns a successful engineering company in Colorado. Eric specializes in underwriting, project management, investor communication, property inspections, and asset management. Listeners can expect to hear a whole lot of practical advice about syndications, scaling a business, networking, family life, and more, so make sure to tune in! Key Points From This Episode:A brief look at Eric's backstory and history in the world of investment. Eric's college years, covering expenses, and his entry into the property market. Thoughts on investing with a spouse and Eric's advice for couples to get aligned. The impact of having kids on Eric's mindset; another great motivator. Why family and being an amazing father is so important to Eric!Unpacking Eric's shift from single-family to multi-family and how he managed it.Common blind spots and misconceptions about getting into syndicated investments.  Reflecting on the mindset changes that were needed for Eric to level up his business. Advice from Eric for anyone considering a step up to bigger investments.Building and maintaining positive relationships; Eric's approach to networking. Eric's morning routine, how it has evolved, and why he prioritizes waking up early.The most impactful books that Eric has read and recommends to others! Connecting with Eric online, and how to get involved with Wild Oak today.Tweetables:“It became clear to me that I want to instill some values in my kids. Part of the value set that I carry is because I've traveled.” — Eric Nelson [0:13:59]“Every single-family house takes a lot of effort, energy, and time. I would argue from one unit to four units, takes about the same amount of energy.” — Eric Nelson [0:16:40]“A lot of people have never heard the word syndication. Moreover, I think a lot of people never really been educated well on how to invest, and what that looks like.” — Eric Nelson [0:20:04]Links Mentioned in Today's Episode:Eric Nelson on LinkedInWild Oak CapitalEric Nelson EmailWho Not HowThe AlchemistRaising Capital for Real EstateBest Ever Apartment Syndication BookTo learn about syndications and how passively investing in one can help you gain freedom and control over your life, visit:www.passiveCREprofits.com

The pandemic affected many businesses including real estate. But one real estate entrepreneur thrives during the global health crisis because of multifamily syndication. In this episode, learn how Shane Brooks of Wild Oak Capital shares why he shifted his multifamily amid one of the most trying times in our history.Shane talks about the creative process that he'd gone through to get to where he is at now in multifamily syndication. Shane shares that self-education, motivation, and drive helped him kickstart his real estate journey while maintaining a corporate career. He also details how his business grows even amid the pandemic after choosing to focus on multifamily. Tune in now and find great lessons you can apply in your journey!

Eric Nelson is from southwest Colorado and is the principal of Wild Oak Capital and is actively looking for partnerships and syndication opportunities. Eric has been investing in real estate for over 10 years, and currently owns over 3.5 million dollars worth of real estate with his wife. Eric is also the host of the Real Estate Mindset Podcast. Eric loves the outdoors and enjoys spending time with his wife and 2 young boys. Get in touch with Eric: https://www.wildoakcapital.com/   If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/ Artist: http://audionautix.com/ 

Don't miss listening to this episode with Eric Nelson, which outlines how the real estate syndication structure works and the significance of forming a partnership for your real estate business. Stay tuned to learn fantastic financing options!Key Takeaways To Listen ForPowerful benefits of partnerships and how to find a good oneReal estate syndication: Roles, structure, and fundingHow to be confident in raising capital for syndicationsInnovative ways to finance properties and close a dealImportance of teaching real estate investing concepts to children  The extraordinary worth of having a real estate coachResources Mentioned In This EpisodeFree Apartment Syndication Due Diligence Checklist for Passive InvestorBiggerPocketsAbout Eric NelsonEric Nelson is from southwest Colorado and received a degree in Civil Engineering from Colorado State University. He is the principal of Wild Oak Capital, which now has 80 units under management. He has been investing in real estate for over 10 years and currently owns 19 units as well with his wife. In addition to real estate, Eric co-owns a successful engineering company in Colorado. With his background, Eric excels at underwriting, project management, investor communication, property inspections, and asset management.Connect with EricWebsite: Wild Oak CapitalPodcast: The Real Estate Mindset Podcast LinkedIn: Wild Oak CapitalFacebook: Wild Oak CapitalTo Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams

We all started our real estate journey's separately, but when we realized how much more we could do together through combining our complementary skill sets, the Wild Oak Capital team was formed, and we've never looked back since! Today's episode gives listeners a chance to get to know the four partners; Shane Brooks, John Weaver, Ben Nelson, and me, Eric Nelson. We get vulnerable about what led us into the multi family real estate space, and what keeps us passionate about it. We all have a deep desire to be able to spend our time doing what we love, while also building legacies and positively impact the lives of others, and we see multi family investing as the best way to achieve these goals. We're immensely grateful for our team and our listeners, and we're excited to give you some insider insights into what makes us tick!  Key Points From This Episode:Shane, John, Ben and I share what we love about working in multi family real estate. Comparing the earning potential of multi family and single family investments. The ‘get rich slow' nature of multi family real estate, and what this looks like long term.What drives us to do the work that we do. Educational elements of our real estate journeys. Value of partnering with people who have complementary skill sets.Positive impacts that our work has on the people around us. The importance of choosing the right team.How the four of us became partners, and the gratitude we feel for each other. Book and podcast recommendations from the team. Defining moments in each of our lives.Our dream vacation destinations.  Links Mentioned in Today's Episode:TractionWho Not HowThe Multifamily MindsetThink and Grow RichPrinciplesNever Eat AloneBigger PocketsThe Real Estate Syndication ShowThe Apartment Investing JourneyThe Multifamily TakeoffRaising CapitalWildOak Capital

Eric Nelson is from southwest Colorado and received a degree in Civil Engineering from Colorado State University. He is the principal of Wild Oak Capital and is actively looking for partnerships and syndication opportunities. He has been investing in real estate for over 10 years and currently owns over 3.5 million dollars worth of real estate with his wife, or partners. Eric also co-owns a successful engineering company in Colorado. With his background, Eric excels at underwriting, project management, investor communication, property inspections and asset management.Eric's website: wildoakcapital.comFor more info, check us out at makeitraincapital.com.Welcome to Make It Rain: Multifamily Real Estate Investing for Millennials!  We're Daisy and Luc, two millennials who love multifamily investing.  With every episode, whether we're discussing a special topic or have on an amazing guest, the goal is to provide education and resources for anyone interested in investing in multifamily real estate, especially if you're a millennial.  We're excited to chat with you about the what's, the why's, the how's, the who's.  The best way to show support is to share it with anyone who might benefit from it and leave us an awesome review. Check out our website at makeitraincapital.com for more goodies.  Take action on your financial future TODAY!

In this episode, Eric and Barri talk about the startup process in Real Estate, tackling the first 6 units deal that set Eric on a very successful path. Eric Nelson is from southwest Colorado and is the principal of Wild Oak Capital and is actively looking for partnerships and syndication opportunities. Eric has been investing in real estate for over 10 years, and currently owns over 3.5 million dollars worth of real estate with his wife. Eric is also the host of the Real Estate Mindset Podcast. Eric loves the outdoors and enjoys spending time with his wife and 2 young boys. Get in touch with Eric: https://podcasts.apple.com/podcast/id1560387078 www.wildoakcapital.com _____________________________________________ #RealEstatePodcast | #RealEstateAdvice Wanna know more about Barri Griffiths and the WWRE Podcast: https://linktr.ee/wrestlingwithrealestatepodcast The WWRE Podcast is available on all platforms

Eric Nelson is from southwest Colorado and is the principal of Wild Oak Capital and is actively looking for partnerships and syndication opportunities. Eric has been investing in real estate for over 10 years, and currently owns over 3.5 million dollars worth of real estate with his wife. Eric is also the host of the Real Estate Mindset Podcast. Eric loves the outdoors and enjoys spending time with his wife and 2 young boys. Get in touch with Eric: https://podcasts.apple.com/podcast/id1560387078 www.wildoakcapital.com _____________________________________________ #RealEstatePodcast | #RealEstateAdvice Wanna know more about Barri Griffiths and the WWRE Podcast: https://linktr.ee/wrestlingwithrealestatepodcast The WWRE Podcast is available on all platforms

Having a purpose behind the work that you do is an essential component of success. Our guest today is Whitney Sewell, director of Life Bridge Capital and host of The Real Estate Syndication Show, who entered the world of real estate investment to free up time to spend with his family and raise capital to help others to start theirs through adoption. You'll hear about the ‘never give up' mindset he learned in the military, and the massive commitment involved in a real estate career, for both yourself and your family. Whitney shares his motivation to pursue real estate success and the story of how he and his wife started and grew their family through adoption, before telling us about the Life Bridge Foundation, which helps other families to do the same. We explore the benefits of the fund model and unpack the importance of understanding deal flow and your investor base, and Whitney reveals the secrets of his morning routine and recommends three life-altering reads that he has recently completed. We also touch on the value of coaching, why it is so important to research your chosen mentor before spending money on their services., and why Whitney believes that mindset is a choice, as well as what you have to gain through giving and what he attributes his success to: the Lord's blessing over his business. We hope you join us for an inspiring conversation with an incredible force in the real estate and podcast space today!Key Points From This Episode:Meet today's guest, Whitney Sewell.Whitney's background in the military and his introduction to real estate. His experience working as a professional horse trainer and the decision to sell the farm.The ‘never give up' mindset he learnt in the military that he applies to his work today.The massive commitment involved in a real estate career, for yourself and your family.Whitney shares his vision and motivation to pursue real estate success.The story of how Whitney and his wife started their family through adoption. The purpose of the Life Bridge Foundation: to help families to adopt.Why Whitney considers value add multifamily as the bread and butter of Life Bridge.The fund that Whitney will be launching soon for a third of his investments.Geographical and cash flow diversification as selling points for the fund model.The importance of understanding deal flow and your investor base.Whitney's morning routine: rising early and connecting with his wife, thinking, and reading.Recommended books: The Road Less Stupid by Keith Cunningham, Never Lose a Customer Again by Joey Coleman, and No Excuses! by Brian Tracy.Whitney's experience with a coach and why he recommends hiring one.Why he suggests that you do your research before hiring a particular coach. How you can gain so much through giving.The secret to Whitney's success: the Lord's blessing over his business.Links Mentioned in Today's Episode:Whitney Sewell on TwitterWhitney Sewell on LinkedInWhitney Sewell on InstagramWhitney Sewell EmailLife Bridge CapitalThe Road Less StupidNever Lose a Customer AgainNo Excuses!Wild Oak Capital