Podcasts about xsite capital investment llc

Tenny Tolofari is the co-founder and director of acquisitions for XSITE Capital Investment, an investment firm that specializes in value-add multi family properties. As the Director of Acquisition and Co-founder of XSITE Capital Investment LLC, Tenny has led acquisitions amounting to $168 million in assets under management. Tenny's journey into investment started from a place of curiosity and networking. Today, his goal is to help 100,000 individuals gain financial independence. When he's not navigating the world of investing, Tenny is looking forward to exploring his personal interests such as fishing, dancing, golf, and basketball. Most importantly, he cherishes spending time with his family as a devoted husband and father of three beautiful kids. Connect with Tenny: https://www.xsitecapital.com/ , https://www.xsitecapital.com/tenny  Highlights: 2:09 - Tenny Finding His Way to The US 7:20 - Tenny's First Failure 12:00 - Tactics for Better Outreach 18:55 - Challenges | Overcoming Them 30:11 - Rent Growth 36:00 Staying Disciplined   Quote: "The first failure for us was, we had a scarcity mindset. We did not tell enough people about what we were doing."   Recommended Resources: Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club! If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.  Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.  Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.

Welcome back to The Cashflow Project! Today, we're joined by Leslie Awasom, Co-founder of XSITE Capital Investment LLC, who shares his journey from nurse anesthetist to full-time entrepreneur. Leslie discusses the current multifamily market, his team's acquisition strategies, and the opportunities in discounted properties. He also highlights the importance of understanding your "why," conservative underwriting, and the value of community in real estate. Tune in for valuable insights, motivation, and advice to help you take the next step toward financial freedom! [00:00] Pursued real estate investing for work-life balance. [06:29] Transitioning from residential to commercial real estate challenges. [07:46] Partners enable exciting investment opportunities for immigrants. [11:48] Creating passive income for more family time. [15:38] Slow deal flow; stayed disciplined, focused acquisition. [17:19] Interest rate spike creates buyer's market opportunity. [22:17] Educating investors through meetups and underwriting classes. [23:29] Networking community for education, income diversification, growth. [29:39] Takes longer due to property distress issues. [31:56] Superpower: Mentoring others to realize their potential. [34:52] Overcome fears, network boldly, embrace opportunities. [37:59] Meetup in Honolulu; connect and subscribe online. Connect with Leslie Awasom! Website LinkedIn Connect with The Cashflow Project! Website LinkedIn YouTube Facebook Instagram

You'll surely get motivated to start your real estate investing journey when you listen to this episode with Leslie Awasom!Leslie shares the things that made him quit his job in the medical field to shift into investing, his success in the multifamily space, strong partnerships, the value of mentorship, his continuous growth, and his passion for guiding aspiring investors. Key Points & Relevant TopicsWhat made Leslie changed his career path and life trajectorySteps Leslie had to take to get educated and learn about real estate investingThe importance of learning from mistakesWhy you should have the right mentor when transitioning to multifamily investingThe role of personal branding and networking to succeed in capital raisingLeslie's approach to overcoming his impostor syndrome The core values that contributed to Leslie's growth and success in real estateResources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout Leslie AwasomLeslie is the Director of Operations and Co-founder of XSITE Capital Investment LLC. He manages the company operations, market/data analysis, cash flow and budget analysis. Leslie bought his first investment property in 2017 and transitioned to multifamily investing in 2019. Leslie is a trained Nurse Anesthetist and entrepreneur who lives in Hanover, Maryland. Leslie and the XSITE Capital team host a rapidly growing multifamily-focused meetup in Maryland where they provide resources and add value to individuals interested in growing their wealth and changing their financial future. Leslie is a husband, father of two beautiful girls and a son and loves to spend his spare time reading and flying drones. Get in Touch with LeslieWebsite: https://xsitecapital.com/ LinkedIn: Leslie Awasom, CRNAFacebook: Leslie AwasomInstagram: @leslieawasomTo Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!

In this empowering episode, we sit down with Leslie Awasom, the Director of Operations and Co-founder of XSITE Capital Investment LLC. Leslie's journey is a remarkable testament to the power of determination, adaptability, and challenging limiting mindsets. Originally from Cameroon, Leslie's path led him to the United States, where he initially pursued a computer science degree. However, the financial crisis of the time prompted a crucial re-evaluation. Leslie shares how he navigated this pivotal moment in his life, highlighting the importance of adapting to change. Listen in as Leslie discusses the significant mentors who shaped his journey and guided him toward successful real estate investments. With $168 million worth of multifamily real estate under his management, Leslie's insights into entrepreneurship and wealth-building are invaluable. As a trained nurse anesthetist with a Master's in Nurse Anesthesia, Leslie exemplifies the power of diversifying skills and interests. Discover how he balances a thriving career, entrepreneurship, and family life. Join us for an inspiring conversation that challenges the mindset that limits us and learns from Leslie's entrepreneurial wisdom. Whether you're interested in real estate, entrepreneurship, or personal growth, this episode offers valuable insights and motivation for all. Things You Will Learn in This Episode: [00:00 – 05:30] Introduction and Guest Introduction Introduction to Leslie Awasom, his background, and his migration journey to the United States. Early aspirations in computer science and the impact of the 2008 global financial crisis. [05:30 – 15:45] Pivoting Career Paths Leslie's realization of the limitations of the traditional 9-to-5 corporate structure. His quest for financial independence and the beginning of his journey into investing. Broadening horizons beyond a career confined by societal norms. [15:45 – 30:20] Embracing Real Estate Investment Leslie's transition from single-family to multifamily real estate investing. Experiences at conferences and challenges faced as a minority in the industry. Insights into the multifamily real estate investment process. [30:20 – 45:00] Entrepreneurship and Mindset Leslie's ventures into entrepreneurship, including E-commerce and a Wellness Clinic. The importance of cultivating a growth mindset and challenging limiting beliefs. Valuable lessons learned and shared gems on building wealth. [45:00 – 55:00] Empowerment and Final Thoughts Encouragement for the youth to pursue their dreams and contribute to solving Africa's challenges. The significance of supporting and uplifting one another in the journey to success. Final words of inspiration and empowerment from Leslie Awasom.   Connect with Leslie Awasom: Email: lawasom@xsitecapital.com Website: www.xsitecapital.com Instagram: @leslieawasom   This Episode is brought to you by Living Financially Free:    In our community, financial stability is often overlooked as a priority. Hence, it becomes crucial to understand how our money works; its growth, and the methods to build generational wealth and establish a lasting legacy. If you envision a financially free life for you and your family, visit www.livingfinanciallyfree.info to speak with an agent who can guide you further.   LEAVE A REVIEW and tell us what you think about the episode so we can continue putting out the best content just for you! Connect with Living African Podcast: You can connect with us on Facebook, Instagram, YouTube, or Twitter, or send us an email at hello@livingafricanpodcast.com. Check out our website www.livingafricanpodcast.com for more resources and to learn more. Connect with host, Anyoh: You can connect with Anyoh on Facebook (@anyohf), Instagram (@anyohfombad), and Twitter (@anyohfombad).

Want to know how to find the best RE deals in your market? Listen to today's episode with Tenny Tolofari as he shares secrets on how to find the top brokers wherever the market you're in! Dial in now and learn how to leverage evidence-based research to determine where to focus your efforts and optimize your relationships with brokers.Key Takeaways to Listen forHow to find ideal real estate markets using data-driven researchStrategies for building strong relationships with your local brokers Importance of giving feedback to your brokers for company growthReasons to adjust your underwriting based on the market climateExpert tips for finding the best real estate broker in your marketResources Mentioned in This EpisodeCushman & WakefieldFree Apartment Syndication Due Diligence Checklist for Passive Investor About Tenny TolofariTenny is the director of acquisition and co-founder of XSITE Capital Investment LLC. Before forming XSITE Capital, Tenny spent several years leading a significant sales team in one of America's fastest-growing financial services companies. He is also a global cyber security professional, supporting the likes of Boeing and Deloitte. Tenny and the XSITE Capital team host a rapidly growing multi-family-focused meetup in Maryland, where they provide resources and add value to individuals interested in increasing their wealth and changing their financial future. Within the last three years, he acquired $168 million of assets under management.Connect with TennyWebsite: XSITE Capital InvestmentTo Connect With UsPlease visit our website: www.bonavestcapital.com, and please click here, to leave a rating and review!SponsorsGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams

With high wages come the higher costs of living and even higher taxes. How do high-income earners get out of living paycheck to paycheck and truly achieve financial independence? On this Flashback Friday Featured Episode, Orthopedic surgeon Julius Oni has seen real estate work firsthand and it enabled him to buy time and geographic freedom back and enjoy the fruits of his labor with people he loved. Today, he talks about how he discovered the potential of multifamily investing and why minority professionals like him should start creating passive cash flow. He also gets into his experiences as an angel investor and the incredible value one could bring and gain in helping young businesses grow.   Julius Oni is the CEO and Co-founder (Investor relations) of XSITE Capital Investment LLC. Before joining Xsite Capital, Julius' investment focus was single-family real estate and angel investing. Over the past five years, Julius has invested in over 50 start-ups and currently sits on the advisory board of four healthcare-related start-ups. He graduated summa cum laude from SUNY Plattsburgh, obtained his medical degree with AOA honors from Howard University College of Medicine, and completed residency and fellowship at NYU Hospital for Joint Diseases and Rush, respectively. Julius works as an orthopedic surgeon in Baltimore, Maryland, with sub-specialization in hip and knee replacements, and was voted Top Doc for Joint Replacement by Baltimore Magazine in 2019 and 2020. His interests include travel, music, global health, and spending time with his family. Julius and the XSITE Capital team host a rapidly growing multifamily-focused monthly meetup where they provide resources and add value to individuals interested in growing their wealth and changing their financial future.   ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/themicrofamilyinvestingaccelerator?month=2023-04 ________________________________   [00:01 - 15:31] Who is Julius Oni? Julius shares his journey in the medical field Spending money after fourteen years of delayed gratification Why single-family real estate did not work for him Rethinking about his career and learning about the potential of multifamily Joining conferences made him realize how underrepresented healthcare professionals and minorities are in the asset class    [15:32 - 21:38] True Passive Income Is True Financial Freedom Here's the truth: High-income earners have higher taxes and higher loan burdens The dangers of lifestyle creep Through passive income, professionals can actually achieve financial independence without being tied to their jobs   [21:39 - 33:06] Setting Small Startups for Success Julius talks about investing in his brother's company What is an angel investor and how to become one? Angel investing vs Crowdfunding Julius' own experience, building relationships with businesses Websites to check out The high risk, high reward nature of angel investing Julius reveals his investment strategy Why real estate is still the best investment   [33:07 - 35:06] Closing Segment Watch out for part 2 of our conversation with Julius!   Key Quotes “I realized that there was a great opportunity to take the gospel of multifamily into our communities of healthcare professionals, underrepresented minorities, immigrants, people that just did not have ready access to this asset class.” - Julius Oni   “You had the lifestyle creep 'cause now everybody's looking at you. You're the orthopedic surgeon… How come you're still driving your Honda Accord from undergrad or medical school, you know? So you want to keep up with the Joneses, you want to take a vacation, nice vacation with your family.” - Julius Oni   “When you have true passive income, well, you just could be sleeping, eating, you know, doing whatever you are and the money is still coming right into the account.” - Julius Oni Resources Mentioned: Y Combinator Techstars CrowdStreet Fundrise SeedInvest Connect with Julius Oni through the XSITE Capital website and follow them on LinkedIn and Facebook.    ____________________________________________ Let's get connected!  You can find Nicole on LinkedIn https://www.linkedin.com/in/nicole-pe...  Instagram https://www.instagram.com/nvestornikk... Facebook https://www.facebook.com/nvestornikki or Visit her website https://noirvestholdings.com   LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life.  You can listen to previous episodes of Share the Wealth Show here. https://podcasts.apple.com/us/podcast...

Today on The Real Estate Raw Show: Real Estate Investing with CEO and Co-founder of XSITE Capital Investment LLC, Dr. Julius Oni About Joe: Mr. Mendoza has a long track record of success. 100's of millions of dollars of real estate transactions. Hundreds of people mentored, coached, and trained. He's been on television, radio, and multiple publications. Are you looking for a trusted advisor in real estate? Perhaps help to get to the next level in business or life? Joe is the MAN! Buy Joe's NEW book "Flex With A Plex" on Amazon: https://amzn.to/30VHBus Join my team and eXp Realty now! Looking for a new broker, real estate company, brokerage? We are in ALL 50 states, Canada, Australia, and United Kingdom (UK) http://becomearepro.com/ Add "Joe Mendoza" is my sponsor. Find the deals! http://findhiddendeals.com/ Hire someone else to answer your phones! http://myvahack.com/ Having trouble with your real estate calculations? http://bestdarncalculator.com/ Ready to make some calls to leads? (Caution: Use your discretion and be aware of local and federal laws) http://ineedphonenumbers.com/ Keep watching, subscribe, or reach out to Mr. Mendoza today for a private consultation, training, or speaking engagements. Joe Mendoza - California Broker DRE 01234540 Entrepreneur. Investor. Author. 100 E. San Marcos Boulevard, Suite 400 San Marcos, CA 92069 Office (877) 794-5227 #joemendoza #realestaterawshow #thejoemendozarealestateteam #JuliusOni #XSITECapital #FinancialFuture #WealthBuilding #RealEstateInvesting #MultifamilyInvesting #PropertyPortfolio #InvestmentOpportunities #FinancialEmpowerment #ChangingLives #WealthCreation #InvestmentResources #FinancialEducation #PropertyAcquisition #InvestmentCommunity --- Support this podcast: https://podcasters.spotify.com/pod/show/therealestaterawshow/support

Today's interest rate environment is extremely challenging. The bid/ask price is still wide, and commercial real estate deals are tough to pencil. To underwrite and win deals today, you must sharpen your pencil in a way that hedges against risk and protects your investment against rising rates. In this episode, Tenny Tolofari shares is story on how he got his start in real estate, and his journey to forming XCite capital as the director of acquisitions. Tenny is the Director of Acquisition and Co-founder of XSITE Capital Investment LLC. Prior to forming XSITE Capital, Tenny spent several years leading a major sales team in one of the fastest growing financial services companies in America. He is also a Global Cyber Security professional, supporting the likes of Boeing and Deloitte. Tenny and the XSITE Capital team hosts a rapidly growing multifamily-focused meetup in Maryland where they provide resources and add value to individuals interested in growing their wealth and changing their financial future. Within the last three years his efforts had led to acquiring $168MM assets under management. In this episode, we discussed… Why Tenny believes education is key to his success The challenges of underwriting in today's interest rate environment Underwriting tips in today's multifamily market His top strategy to find top brokers in any market Tenny Tolofari's Instagram Profile link: https://www.instagram.com/ttolofari/?hl=en Tenny Tolofari's LinkedIn Profile link: https://www.linkedin.com/in/tenny-tolofari-6aa04613b/ Tenny Tolofari's Company Website link: xsitecapital.com Tenny Tolofari's Promotion Link: https://www.google.com/url?q=https://us02web.zoom.us/meeting/register/tZErf-upqjIsHdQyGHFAK25Rt3HUdNYmgX3X&sa=D&source=calendar&ust=1683634150916184&usg=AOvVaw1Ztvb6lyd5-EfCCYj56a_m Interested in investing in commercial real estate opportunities? Join our investor group here Check out our FREE multifamily due diligence checklist to avoid costly mistakes. Click here to download the checklist. Check out our FREE Syndication Guide For Passive Investors to learn everything you know need to know BEFORE you passively invest in real estate. Click here to download the guide.

Leslie is the Director of Operations and Co-founder of XSITE Capital Investment LLC. He manages the company operations, market/data analysis, cash flow and budget analysis. Leslie is an entrepreneur and real estate investor. Leslie started investing in single family real estate in 2017 and transitioned to multifamily investing in 2019. Leslie and his partners at XSITE Capital Investment LLC, currently own and manage $164 million worth of Multifamily real estate. In 2021, Leslie also founded an E-commerce company and Co-founded a Wellness Clinic, in Baltimore, Maryland. He is a trained nurse anesthetist and obtained his MSc in Nurse Anesthesia from the University of Maryland Baltimore. Leslie has a passion for building business and enjoys adding value to individuals interested in growing their wealth and changing their financial future. Leslie is a husband, father of two beautiful girls, a son and loves to spend his spare time reading, volunteering and flying drones. *DISCLAIMER - We are not giving any financial advice. Please DYOR* (00:00 - 02:01) Opening Segment - Leslie is introduced as the guest Host - Leslie shares something interesting about himself (02:01 - 18:20) Navigating the Current Multifamily Market - Current lending options - current trends, and changes to underwriting to protect yourself (18:20 - 23:11) Fire Round - Leslie shared if he would change his investment strategy - Leslie also shares his favorite Finance, real estate book, or any related book - Also Leslie shared about the website and tools that he can recommend - Leslie's advice to beginner investors - Also shared how he gives back (23:11 - 24:11) Closing Segment -If you want to learn more about the discussion, you can watch the podcast on⁠⁠⁠⁠ Wealth Matter's YouTube channel ⁠⁠⁠⁠and you can reach out to Alpesh using this ⁠⁠⁠⁠link⁠⁠⁠⁠. Check us out at: Facebook: ⁠⁠⁠⁠@wealthmatrs⁠⁠⁠⁠ ⁠⁠⁠⁠IG: @wealthmatrs.ig⁠⁠⁠⁠ ⁠⁠⁠⁠Tiktok: @wealthmatrs⁠

So far, with the Think Outside The Stocks podcast, you heard about how you can invest passively in Commercial Real Estate and set your cash flow on autopilot. But what really happens when the rubber meets the road? In this episode, we will talk about a Real Life Case Study with our strategic partner, Leslie Awasom, Director of Operations and Co-Founder of XSITE Capital Investment LLC.As a Healthcare professional, Leslie also highlights that despite healthcare jobs being among the highest-paying occupations in the U.S., like any job there is, it doesn't come with a guarantee that you won't lose that job when another financial crisis hits and your hard earned money in volatile investments like the stock market can put your retirement at risk. We talk about passive investing for healthcare professionals with a real-life case study of our first deal together with our guest to discuss:How we went through 300+ deals to find a needle in the haystack Why we liked this investment.Our Business Plan What actually happened  (including FIRE!)How passive investors stayed completely passiveWhy did we exit in 19 months instead of 5 years? How did we hit it out of the park and also save on taxes for our investors?Please note: past performance is not representative of future numbers. The projections and the returns are based on individual property, the market, and several other conditions. If you want to consider investing with guests on the show, please perform your own through partner and investment due diligence  Who is Leslie?Leslie is the Director of Operations and Co-founder of XSITE Capital Investment LLC.  He manages the company operations, market/data analysis, cash flow, and budget analysis. Leslie bought his first investment property in 2017 and transitioned to multifamily investing in 2019. Leslie is a also a trained Nurse Anesthetist. who lives in Hanover, Maryland. Leslie and the XSITE Capital team host a rapidly growing multifamily-focused meetup in Maryland, where they provide resources and add value to individuals interested in growing their wealth and changing their financial future.How to connect with Leslie:Website: https://xsitecapital.com/Think Outside The Stocks brings you industry experts and guests to share their knowledge and expertise. To invest with them directly, please do your own thorough partner and investment due diligence.To participate in the thoroughly vetted investments and strategic partners alongside us as our passive partners, join our Investor Inner Circle for FREE Access FREE investor education, and join our community in the members-only area.To start your journey, download Active Cashflow with Passive Real Estate Investments.Read the full description at https://thinkoutsidethestocks.com/podcastCONNECT WITH MADHAVI JAIN: LinkedIn, FB or IG Disclaimer: This podcast is for education and information purposes only, not an investment opportunity or financial advice. Please do your own due diligence and consult your tax, legal or financial advisor, etc., to invest.

Today's episode highlights the values and fundamental secrets to exponential business growth as we chat with Dr. Julius Oni. Listen to how he and his team discovered the surprising benefits of real estate investing for high-income professionals and how diligence and good character can maximize your chances for success.Key Takeaways to Listen forIncome-generating possibilities and advantages of real estate investingHow self-education and partnerships build a successful RE businessWhat are the core values that make up the foundation of successSubtle approaches to using kindness and persistence to develop your market nicheThe greatest contributions that real estate provides for passive investorsResources Mentioned in This EpisodeWheelbarrow Profits by Jake Stenziano and Gino Barbaro | PaperbackEntrepreneurial Operating System®The Miracle Morning by Hal Elrod | Paperback and HardcoverFree Apartment Syndication Due Diligence DChecklist for Passive Investor About Dr. Julius OniDr. Julius is an orthopedic surgeon in Baltimore, Maryland, and the CEO and Co-Founder at XSITE Capital Investment LLC. Over the past several years, Julius has invested in over 50 startups and currently sits on the advisory board of four healthcare-related startups. Within the last three years, he led the acquisition of XSITE Capital's fast-growing portfolio of more than $168 million worth of assets under management. He was also acknowledged as a Forbes Business Council member in 2021.Connect with Dr. JuliusWebsite: XSITE Capital Investment LinkedIn: Julius OniInstagram: @doctorjkoEmail: juliusoni@xsitecapital.comTo Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams

Constant persistence in real estate drives wealth growth and changes in the financial future. In this episode, Leslie Awasom talks about the three keys to becoming successful in the field of multifamily. He shares how Xsite Capital has grown its partners and has acquired over $160M in real estate assets. Listen in as Leslie provides valuable insights into the practical steps Xsite has taken to achieve favorable outcomes and as she emphasizes the importance of giving. Tune in now to learn more about Leslie's story and Xsite Capital's success. Listen now!Key Points From This Episode: Leslie talks about his hobby of flying drones.Leslie shares what has changed in Xsite Capital in the past two years.Leslie details how Xsite Capital grew from two partners to three and acquired $160 million of real estate assets.The one thing that Leslie is very proud of in the past three years is they provided education on real estate to over a thousand people.What are the specific practical steps that Xsite has taken that have led to its favorable outcomes?Leslie talks about the importance of giving.Tweetables:“Number one is persistence. And we've been very persistent in going after this asset class or building this platform.”“I will say the three keys to success are to give, give and give more.”Links Mentioned in Today's Episode:Leslie Awasom on LinkedInXsite Capital Investment websiteWS498: Creating the American Dream Through Syndication with Leslie Awasom and Tenny TolofariAbout Leslie AwasomLeslie is the Director of Operations and Co-founder of Xsite Capital Investment LLC. He manages the company operations, market/data analysis, cash flow, and budget analysis. Leslie is an entrepreneur and real estate investor. Leslie started investing in single-family real estate in 2017 and transitioned to multifamily investing in 2019. Leslie and his partners at XSITE Capital Investment LLC, currently own and manage $ 164 million worth of Multifamily real estate. In 2021, Leslie also founded an E-commerce company and Co-founded a Wellness Clinic, in Baltimore, Maryland. He is a trained nurse anesthetist and obtained his MSc in Nurse Anesthesia from the University of Maryland Baltimore. Leslie has a passion for building businesses and enjoys adding value to individuals interested in growing their wealth and changing their financial futures.Leslie is a husband, and father of two beautiful girls and a son, and loves to spend his spare time reading, volunteering, and flying drones. 

✨Join with us today is Tenny Tolofari, who is is the Director of Acquisition and Co-founder of XSITE Capital Investment LLC. Since forming XSITE in 2019, Tenny and his team have acquired $165MM AUM. He is also a Global Cyber Security professional, supporting the likes of Boeing and Deloitte.Tenny and the XSITE Capital team host a rapidly growing multifamily-focused meetup in Maryland where they provide resources and add value to individuals interested in growing their wealth and changing their financial future. Tenny is a husband and father of two beautiful kids.   Connect with Tenny : https://www.linkedin.com/in/tenny-tolofari-6aa04613b/   Website : https://www.xsitecapital.com/signup   Watch more: https://youtu.be/QrYYLzGZ6RQ   Connect with me: https://brickeninvestmentgroup.com/   I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.    #commercialrealestate #realestate #brickeninvestmentgroup #realestateinvestment #realestatetips #syndication #buildwealth #propertyinvestments

The Investor Relations Real Estate Podcast Episode 128 - Train Your Money To See Opportunities Host: Jonny Cattani Guest: Leslie AwasomProducer: April MunsonJonny Cattani is joined by Leslie Awasom to discuss: The importance of mindset Class A, B, and C propertiesThe financial impact of 2008Leslie is the Director of Operations and Co-founder of XSITE Capital Investment LLC. He manages the company operations, market/data analysis, cash flow and budget analysis. Leslie bought his first investment property in 2017 and transitioned to multifamily investing in 2019.Leslie is a trained Nurse Anesthetist and entrepreneur who lives in Hanover, Maryland.Leslie and the XSITE Capital team host a rapidly growing multifamily-focused meetup in Maryland where they provide resources and add value to individuals interested in growing their wealth and changing their financial future.Leslie is a husband, father of two beautiful girls and a son and loves to spend his spare time reading and flying drones.Linked material referenced during the show: Book: Code Of The Extraordinary Mind - Vishen Likhianihttps://www.amazon.com/Code-Extraordinary-Mind-Unconventional-Redefine/dp/B01DFKNHTW/ref=sr_1_1?crid=3LXXMBFPDY7XY&keywords=code+of+the+extraordinary+mind&qid=1664350152&qu=eyJxc2MiOiIxLjkxIiwicXNhIjoiMS41NyIsInFzcCI6IjEuNjMifQ%3D%3D&sprefix=code+of+the+ex%2Caps%2C113&sr=8-1Connect with Leslie! Email: lawasom@xsitecapital.com Website: xsitecapital.comConnect 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/@jonnycattani?lang=enYouTube: https://www.youtube.com/channel/UCljEz4pq_paQ9keABhJzt0AFacebook: https://www.facebook.com/jonathan.cattani.1

Leslie Awasom is a nurse anesthetist who co-founded XSITE Capital Investment with his partners, Julius Oni and Tenny Tolofari. When he came across the multifamily asset class, Leslie realized many of his colleagues in the healthcare industry and members of his community were unaware that this type of investment opportunity existed. He and his partners were inspired to create XSITE in 2019 to educate more people about multifamily investing.  Today, XSITE has $125M in assets under management with a growing community of investors. In this episode, Leslie discusses his role as director of operations, his love for analyzing data, and the correlations he's seen between his career in anesthesiology and business operations for XSITE.  Co-founder and Director of Operations of XSITE Capital Investment LLC, which focuses on multifamily syndications. Previous Best Ever Episode: JF2163: Anesthesiologist to Real Estate with Leslie Awasom Currently works as a nurse anesthetist transitioning to real estate full-time. Portfolio: GP of 694 units, totaling $125M in AUM LP of $53M across two deals Based in: Hanover, MD Say hi to him at: xsitecapital.com Facebook Instagram LinkedIn YouTube Greatest lesson: Have great partners and significantly accelerate your growth.   S​​tay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors:   Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com | dlp capital

Leslie Awasom is the Director of Operations and Co-founder of XSITE Capital Investment LLC. Leslie bought his first investment property in 2017 and transitioned to multifamily investing in 2019. Leslie and the XSITE Capital team host a rapidly growing multifamily-focused meetup in Maryland. They provide resources and add value to individuals interested in growing their wealth and changing their financial future.   Leslie is a trained Nurse Anesthetist and entrepreneur who lives in Hanover, Maryland. He is a husband, father of two beautiful girls, and a son, and loves to spend his spare time reading and flying drones.   [00:00 - 05:15] Opening Segment   Leslie Awasom is the director of operations and co-founder of Xsite capital investment LLC. He manages the company operations market, data analysis, cash flow, and budget. Leslie started in real estate in 2017 after coming across one of Robert Kiyosaki's “Second Chance: For Your Money, Your Life and Our Money They founded Xsite Capital Investment and it is currently sitting on 125 million assets under management.   [05:15 - 10:34] Accepting The Abundance Mindset: Not losing when you provide value to others.   The company's journey wasn't always fast but it was perfect for where they are now. The company is solely focused on acquiring multifamily properties and believes it is still a solid asset for long-term wealth growth. They are conservative with their projections and keep their rent growth in some markets while dialing it back in others. They also help others who want to start their own multifamily company.      [10:35 - 15:55] Underwriting Deals    The company has been underwriting deals to deals that they close at 134 to 1, which is based on their last few deals. There has been softening in the market, with re-trading happening and brokers asking for offers to be submitted even if they are lower than what was asked in the past. The key to success in this market is understanding the story behind the numbers and being able to trend them monthly. One way that the asset management team can affect the numbers is by implementing water savings programs or having a qualified maintenance person on staff.     [15:56 - 18:28] Closing Segment Reach out to Leslie  Links Below Final Words         Tweetable Quotes “Stay on top of your numbers. You got to be able to trend everything monthly. understand what those numbers mean and how you could influence those because that's where the key and that's where you have the power as asset management to make these assets perform very well.” - Leslie Awasom ---------------------------------------------------------------------------- Connect with Leslie  visit their website at xsitecapital.com       Connect with me:   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:   [00:00:00] Leslie Awasom: some of the tools that we use project, we kind of dial it down a little bit. And we like to go into every deal, having enough cushion. Within the deal, such that if something goes wrong, we still fall within our numbers or even better.  [00:00:12]  [00:00:24] Sam Wilsons: Leslie. Awasom is the director of operations and co-founder of X site capital investment LLC. He manages the company operations market and data analysis, cash flow and budget. Leslie, welcome to the show.  [00:00:36] Leslie Awasom: Hey, thanks Sam. Thank you so  [00:00:37] Sam Wilsons: much for having me. Hey man. The pleasure's mine, there are three questions. I ask every guest who comes on the show in 90 seconds or less. [00:00:43] Sam Wilsons: Can you tell me, where did you start? Where are you now? And how did you get there?  [00:00:46] Leslie Awasom: Yeah, absolutely. I started in real estate in 2017 after coming across one of Robert Kiyosaki book, second chance at your money in your life and just got interested in real estate and building um, more like a solid financial future for myself. [00:01:00] Leslie Awasom: Then along the way, discovered multifamily investing came in contact with my two amazing partners. We found that exec capital investment to focusing on multifamily investing in 2019. And we've been growing ever since. It's been an amazing journey for us, our company and our investors. [00:01:15] Leslie Awasom: Currently sitting on 125 million of assets under management it's growing investor community and have great, a great food that we've been able to help grow the minds of over 1500 people so far. And is that number, it keeps growing every day,  [00:01:29] Sam Wilsons: man. That's fantastic. When you say you've been helpful or grateful to grow the minds of 1500 people, what does that mean? [00:01:37] Leslie Awasom: So we have a monthly educational event. We provide a lot of educational content. We host every Tuesday evening on the writing class where we teach people interested in multi-family how to own the, write these properties, or how to evaluate these deals for themselves as investors. [00:01:51] Leslie Awasom: And we also have like monthly educational events where we bring in experts in the country from other aspects and finance and real estate to teach members of our community. And we provide a lot of educational content via email to our list as well. So, it's just something that we really enjoy doing and that's something that's part of our call mission. [00:02:08] Leslie Awasom: Gotcha,  [00:02:08] Sam Wilsons: man. That's really cool. So you guys have scaled to 125 million in assets, under management, and I guess that's five years that's pretty great. Did you have any investing history in real estate before you went into multifamily?  [00:02:20] Leslie Awasom: So we actually went into multifamily in 2019 Sam. [00:02:23] Leslie Awasom: So, so we scaled that in about two, in about three years. Yeah. Prior to that, we individually had experience in single family investing. Our CEO had some a long track record of investing in like, startups and angel investing and real estate as well. And I did some real estate and all the third partner had a financial service business. [00:02:42] Leslie Awasom: So that's the background we came into when we informed our.  [00:02:45] Sam Wilsons: Gotcha. That's really cool. Tell me what are some things you know, that you think about, I guess, in this now three year journey in multifamily? Like what are some things that you feel like you've done really well that other people should emulate? [00:02:58] Leslie Awasom: I think one thing we've done really well is it's like really. How was the right word really absorbing or like, really accepting the abundance mindset, right. Really adopting that philosophy of an abundance mindset and really understanding that we do not lose anything by providing value to others. [00:03:15] Leslie Awasom: And actually it's actually like kind. To some extent it's selfish mindset because the more you give to other people, you actually get way more in return. So that's something that has worked really well for us that we've done really well. We give a lot of our time and we give a lot more to members of our community. [00:03:30] Leslie Awasom: And because of that, our community has grown tremendously. We've also done a really good job at finding the right assets that, that keep our investors safe. Being very conservative and our, on the writing. That's one thing that we are very proud of how conservative we are on the deal that we bring to market so that our investors are safe when they come to invest with us. [00:03:50] Sam Wilsons: What are some things, when you say, the more you give the more it comes back to you, but like when you say that, what are, what would you say would be a standard, some something that you'd, or ordinarily have thought, man, I'm not gonna do that. I'm not gonna, I'm not gonna share that information or I'm not gonna give that. [00:04:04] Sam Wilsons: What are some things that come to mind that you feel like, Hey, you know what? We decided to be really liberal with this and share it as much as we can.  [00:04:10] Leslie Awasom: It's just for example, we have a lot of people that come to our platform that are looking to start their own, our multifamily company as well. [00:04:17] Leslie Awasom: Ordinarily some other person will look at this as some kind of competition. I'm not gonna show them exactly how we do stuff. We don't, however, whatever you want to learn, we show it to you, whatever resources we took to get over there, we share with. So is that another thing is like, for example, like the underwriting class we do, we've been doing that every Tuesday night going on to about a year now. [00:04:35] Leslie Awasom: It's something that take, and it's not something that we charge anybody for. And so, even people that are coming on board that are learning and going and doing this on their own as well, We really enjoyed doing it. And but, because we are given that much, we've met some really amazing partners that see that and value that. [00:04:51] Leslie Awasom: And that also share that kind of an energy. And they've also helped in our growth significantly.  [00:04:56] Sam Wilsons: Got it. That's really cool. What are some things maybe that if you could do it over, if you went back and said, man, let's rewind three years, something that would make maybe speed things up that would maybe save some heartache. [00:05:07] Sam Wilsons: What's something that you feel like was not, we'll called a mistake, but something that, that you said, man, I don't wanna repeat that.  [00:05:13] Leslie Awasom: I probably should have brought in a third partner, our CEO, Dr. Juda only much earlier than we did because bring in a what now our third partner, Dr. Juda only he came along in the process a little bit later. [00:05:24] Leslie Awasom: The company initially started with Tenny and I. We probably would've brought him in early because he just came in and just made like the final leg of the tripod and just brought in this amazing energy and and intelligence and integrity and tenacity that has really pushed us forward. [00:05:41] Leslie Awasom: So that's probably one thing I would've done differently, otherwise, everything else I'll keep it the same. My journey might not have been the fastest. we had some failures and struggles along the way, but it was it was perfect. It was perfectly designed to put us to where we are today. [00:05:55] Leslie Awasom: That's great.  [00:05:55]  [00:05:55] Sam Wilsons: Let me ask you this. Lastly, you said you brought your third partner on and it's all worked out. Great. What did you guys realize that you were missing? Like, what was it you're like, gosh, we just need a third person in this, to really make this thing. [00:06:08] Sam Wilsons: Hum. What were the components that were missing in, in, in that you guys realize you need to bring somebody on? What was that?  [00:06:14] Leslie Awasom: So we needed that somebody that had that vision that could keep us like aligned and focused in , on who we are the company we're trying to build and the community that we're trying to build. [00:06:24] Leslie Awasom: Because initially well, we just got really excited about the possibilities that multifamily presents for. For ourselves and members of our community. And we just went out running we didn't really have like a true identity as a company and focusing on what was really key to us. So we needed that person that had that kind of that, leadership aura, if that's the best way I could describe it. [00:06:45] Leslie Awasom: And Dr. Oney is, was a perfect person. And we are grateful that he came on board when he did.  [00:06:50] Sam Wilsons: That's that's really cool. And are you guys solely focused on acquiring multifamily? Yes. Right now what do you think about the multifamily market right now?  [00:07:00] Leslie Awasom: It still has it's a little bit riskier than it was a year ago because of the changes in interest rates and everything that's happening in the economy. [00:07:08] Leslie Awasom: But we think, I believe multifamily is still a very solid asset for long term wealth growth and world generat. We just have to be a little bit more conservative than we were before with some of the projections that we make on some of the growth and be more, selective in the markets that we're investing and the kind of assets that we're investing, just to decrease the amount of our risk exposure that might come along. [00:07:29] Leslie Awasom: If we have some significant changes to the  [00:07:31] Sam Wilsons: economy, when you say you're changing your growth projections, is that saying, Hey, we're gonna dial back what we think we can sell this for. Is that saying, Hey, we're gonna cut back on, what our rent projections are gonna be. I mean, is that even going so far as saying, Hey, what if we have a rent decrease? [00:07:47] Sam Wilsons: I mean, what do you mean when you say. Tweaking your growth projections.  [00:07:51] Leslie Awasom: Absolutely. It's a little bit of both. We project it, for example, if in the past we're projecting a 10 basis point increase in cap rates on on a yearly basis on exit, we might project a little bit higher depending on the market. [00:08:03] Leslie Awasom: Some markets we are doing even like a 15% annual in, increase 15 basis point increase in cap rates annually onto. Our rent growth. We are keeping our rent growth in some markets. Maybe the first year we have some in the other years we keep it flat. So, it just depends on what the kind of data we see from our data sources in each of the markets that we go into. [00:08:24] Leslie Awasom: So whatever like some of the tools that we use project, we kind of dial it down a little bit. And so that it keeps, we like to go into every deal, having enough cushion. Within the deal, such that if something goes wrong, we still fall within our numbers or even better.  [00:08:39] Sam Wilsons: Got it. Tell me about your role there inside of the company. [00:08:42] Sam Wilsons: What is it specifically that you handle?  [00:08:46] Leslie Awasom: So I handle the operations of the company on the company side. I make sure that we are meeting like we have the right systems in place to meet the goals that we set for ourself. Every year we meet and we come up with quarterly goals and we come up with annual goals as well. [00:08:59] Leslie Awasom: So, my role in there is to make sure that we are using the systems that we have created and other systems are working constantly evaluating constantly working with our employees to make sure that we can make our working process more efficient. And I'm also involved in the management of our assets. [00:09:15] Leslie Awasom: Manage the property managers making sure that they're keeping up with the KPIs that we set for each property, make sure that the properties are performing according to what we on the road or better. So, once our acquisition team, for example, finds an asset and they think that it's a good one for us to review and they've gone to the underwriting, I take that underwriting and I have to review it compared to what our business plan, what our typical business plans are and do some more. [00:09:38] Leslie Awasom: Checks and balances on it to make sure that it's a right asset for us to go into. So, I'm more of the, on the back side of things, just making sure that the numbers are right and everything is, functioning properly  [00:09:49] Sam Wilsons: What's the timeline. This is just a totally kinda left field question. Yes. [00:09:53] Sam Wilsons: What's the timeline from when you guys identify a potential asset on the acquisition side, get it through underwriting, get it to you, get you to review the underwriting and then say, Hey, yeah, this is a potential to make an offer. What's how long does that take? It usually  [00:10:06] Leslie Awasom: takes about three days. Because that Christian team is very busy and that's probably one of the most developed part of our business. [00:10:13] Leslie Awasom: We have a very solid team, so we have someone that goes in and finds the assets and stop to the brokers. Then pass it over to underwriting. They're underwrite it and they usually send it out to me. =, within three days after getting more information from our property managers, our debt brokers and our tax consultants. [00:10:29] Leslie Awasom: So within three days I get it and review everything and see if it makes sense to pursue any further or we pass. What is your  [00:10:36] Sam Wilsons: current, do you, I mean, if you don't know this, that's fine, but I bet you do. What is your current number of deals you underwrite to deals that you close what's that  [00:10:45] Leslie Awasom: ratio right now is about 134 to one. [00:10:49] Leslie Awasom: See, I knew you knew. And that asked to to best on final, not even close . Yeah.  [00:10:55] Sam Wilsons: What? Geez. So yeah. Okay. That's the best and final that's not even to  [00:10:58] Leslie Awasom: close. Yeah. Yeah. That's based on what we've done so far from the last from our last deal. So it's been crazy. We've been reviewing a ton of deals, but made a few best on finals, but it's not nothing is, has come through yet. [00:11:10] Leslie Awasom: Have you seen any  [00:11:10] Sam Wilsons: softening in the market or any I guess just any changes of note.  [00:11:16] Leslie Awasom: Yeah. Our feedback from our brokers is that there's a lot of re trading happening on some of the properties. So in the past we would talk to brokers and our underwriting might be a few millions below what they were asking. [00:11:27] Leslie Awasom: And we will ask if it could submit an offer and they tell us no, but this time around, it doesn't matter how low the offer is they actually to submit because , they want owners to see that things are changing with the interest rates. This deal still have to cash flow. Most owners still have expectations from when we were at a 2% interest rate in, and a 6% interest rate climate. [00:11:48] Leslie Awasom: So it's gonna take some time to adjust, but I do feel like it it is adjusting slowly.  [00:11:53] Sam Wilsons: It is. Yeah. And that's, there's lots of arguments, eight different directions on why interest rates won't affect cap rates, why interest rates and cap rates are completely, disconnected. [00:12:02] Sam Wilsons: And then you hear it the other way around. And I don't know which ways up to be honest in the end. But it is but just to confirm, you're confirming, what we've been hearing is that there are some re trading happen. We have, we are seeing some softening in the market as a whole and just, it is interesting to hear that, Hey, you know what, gimme your offer. [00:12:19] Sam Wilsons: So at least I can take it back. And that's been the word from the brokers too, is like, we need something to take back to our sellers, just so they understand that this is where the market is now. So yeah. Yeah. E even as you. As a buyer, you might feel like you're sending in an offensive bid, which is okay. [00:12:34] Sam Wilsons: Yeah. But. That's what they're asking for.  [00:12:36] Leslie Awasom: Yeah. Because if you think about it at the end of the deal, the deals still have to cash flow. Yeah. Maybe the cash flows might not be as, as robust as they were a few years back. But buyers would not buy deals that are doing a negative cash flow that are really that tight. [00:12:49] Leslie Awasom: So. It's just a higher risk. So, I do believe some softening would happen, but maybe not as drastic as as people think it might get, just because multifamily is still a very strong asset class with a lot of growth potential still.  [00:13:01] Sam Wilsons: Yep. Yep. Absolutely. I think that's really cool. [00:13:04] Sam Wilsons: Give me gimme one thing, one, one nugget on the asset management side that you say, man, here is something that. you just gotta have in order when you're the asset manager,  [00:13:15] Leslie Awasom: You like, you gotta stay on top of your numbers. You gotta Be able to trend everything on a monthly basis. Guys, stay on top of your numbers, understand what those numbers mean and how you could influence those numbers because that's where the key really that's where you have the power as an asset management to make these assets perform very well. [00:13:34] Leslie Awasom: So you really do have to understand the story behind those numbers and what role you could play to, to affect those.  [00:13:40] Sam Wilsons: Give me an example of a number you feel like that is something that you can directly influence that you should really be paying attention to.  [00:13:48] Leslie Awasom: I tend to look at it from a much bigger picture, but the simple things for example, just going into a property you might see a water bill that's been outrageous where as an asset management, you might come in and implement some kind of a water savings program, and you're able to decrease that and increase your NOI tremendously. [00:14:04] Leslie Awasom: And the other piece is like maintenance cost. Like, what I've found in some of our assets is like, by having a very good qualified maintenance personnel on staff that is well paid, but that has several skills. Right. You could provide a lot of tools for the, for that person front, and it's gonna save you a ton in maintenance upfront. [00:14:23] Leslie Awasom: And which is something that we're experiencing one of our assets, which is like finding the right qualified maintenance on site person that has those skills that you don't have to outsource a lot of the jobs that are involved in this assets that could save you a ton of money on your maintenance cost long. [00:14:40] Sam Wilsons: Yeah, absolutely. Do you guys help find that maintenance person or is that the property manager's job? It's the  [00:14:46] Leslie Awasom: property manager, but we try to kind of give a direction of of where we want to go. And our property management team has a lot of exposure. In the Southeast market. So they have a large footprint and they can kind of, it's just about giving some side sort of direction and then they go out and look for that person for you. [00:15:02] Leslie Awasom: So, so it's one of the things we talk about our property management team up front. When we taking over these assets. Yeah,  [00:15:08] Sam Wilsons: absolutely. What do you do when you aren't getting the numbers you want from the property management team? And I, what I mean by that is when, Hey, I need the last week's report on Monday morning, and then Monday comes and goes and you don't have those numbers. [00:15:20] Sam Wilsons: What do you do?  [00:15:21] Leslie Awasom: Well, you just have to remind them the importance , of getting those numbers on time. My, our approach has been to empower whoever we work with to take responsibility for what they're doing so that we don't have to sit on top of them every day. And and we promote good behavior. [00:15:37] Leslie Awasom: Right. So we focus in on what you're doing, right. And we promote that and we push that forward and we found that has really worked very well. And our property managers, our team members are ready to go above and beyond for us because they feel like they're part of the journey of this asset. [00:15:52] Leslie Awasom: They feel like they're part of the journey that are investors are joining us along. The way we, so, so, so far it has worked really well. And if there's something that is not done, right, like not getting a report out on time, we'll point it out to you and then hold you to the higher expectation, but make you feel like you are the one who is coming up with a much higher expectation. [00:16:09] Leslie Awasom: Like, so the property manager's gonna set the goal to have this on time by this time, then we'll hold you accountable.  [00:16:15] Sam Wilsons: Right. I love it. I love it. Lastly, thank you for taking the time to come on today and really give us the insight into what it means to be an asset manager. What it means on the underwriting side, how you guys are finding opportunity, what you guys are doing to stay competitive, your thoughts, really on the market. [00:16:31] Sam Wilsons: And then just talking about your, the way you educate. Your investors, your educational events that you put out. I think that's really cool what you guys are doing. Certainly appreciate you coming on. If our listeners wanna get in touch with you, learn more about you, your every Tuesday underwriting event, any of those things, what is the best way to do that? [00:16:47] Leslie Awasom: First off? Thank you, Sam. Thank you so much for having us on your platform and giving us opportunities to continue to share on what we do to the larger community. Yes. You could get in touch with myself or any one of my amazing partners by write our information is all available on our website, which is, www do X as in XLOPHONE, S as in Sam it capital.com. [00:17:10] Leslie Awasom: XSITE capital.com. Feel free, reach out to any one of us. We love talking to, to, to people and learning more about ways that we could help you at Tuesday underwriting classes every Tuesday night at 8:00 PM. If you are interested in that as well, there will be a means for you to join our community, to become part of getting communications about everything that we do. [00:17:29] Leslie Awasom: So, come join us. However way we could help you in your growth journey. Don't hesitate to reach out to.  [00:17:34] Sam Wilsons: Fantastic. Lastly, thank you again. I appreciate it. Have a great rest of your day.  [00:17:38] Leslie Awasom: All right. Thank you so much, Sam. Thanks for having me.

With high wages come the higher costs of living and even higher taxes. How do high-income earners get out of living paycheck to paycheck and truly achieve financial independence?   Orthopedic surgeon Julius Oni has seen real estate work firsthand and it enabled him to buy time and geographic freedom back and enjoy the fruits of his labor with people he loved. Today, he talks about how he discovered the potential of multifamily investing and why minority professionals like him should start creating passive cash flow. He also gets into his experiences as an angel investor and the incredible value one could bring and gain in helping young businesses grow.   Julius Oni is the CEO and Co-founder (Investor relations) of XSITE Capital Investment LLC. Before joining XSITE Capital, Julius' investment focus was single-family real estate and angel investing. Over the past five years, Julius has invested in over 50 start-ups and currently sits on the advisory board of four healthcare-related start-ups. He graduated summa cum laude from SUNY Plattsburgh, obtained his medical degree with AOA honors from Howard University College of Medicine, and completed residency and fellowship at NYU Hospital for Joint Diseases and Rush, respectively. Julius works as an orthopedic surgeon in Baltimore, Maryland, with sub-specialization in hip and knee replacements, and was voted Top Doc for Joint Replacement by Baltimore Magazine in 2019 and 2020. His interests include travel, music, global health, and spending time with his family. Julius and the XSITE Capital team host a rapidly growing multifamily-focused monthly meetup where they provide resources and add value to individuals interested in growing their wealth and changing their financial future.    Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!   [00:01 - 15:31] Who is Julius Oni?  Julius shares his journey in the medical field Spending money after fourteen years of delayed gratification Why single-family real estate did not work for him Rethinking about his career and learning about the potential of multifamily Joining conferences made him realize how underrepresented health care professionals and minorities are in the asset class   [15:32 - 21:38] True Passive Income Is True Financial Freedom Here's the truth: High-income earners have higher taxes and higher loan burdens The dangers of lifestyle creep Through passive income, professionals can actually achieve financial independence without being tied to their jobs    [21:39 - 33:06] Setting Small Startups for Success Julius talks about investing in his brother's company What is an angel investor and how to become one? Angel investing vs Crowdfunding Julius' own experience, building relationships with businesses Websites to check out The high risk, high reward nature of angel investing Julius reveals his investment strategy Why real estate is still the best investment   [33:07 - 35:06] Closing Segment  Watch out for part 2 of our conversation with Julius! Key Quotes  “I realized that there was a great opportunity to take the gospel of multifamily into our communities of healthcare professionals, underrepresented minorities, immigrants, people that just did not have ready access to this asset class.” - Julius Oni   “You had the lifestyle creep 'cause now everybody's looking at you. You're the orthopedic surgeon… How come you're still driving your Honda Accord from undergrad or medical school, you know? So you want to keep up with the Joneses, you want to take a vacation, nice vacation with your family.” - Julius Oni   “When you have true passive income, well, you just could be sleeping, eating, you know, doing whatever you are and the money is still coming right into the account.”  - Julius Oni Resources Mentioned: Y Combinator Techstars CrowdStreet Fundrise SeedInvest   Connect with Julius Oni through the XSITE Capital website and follow them on LinkedIn and Facebook. Let's get connected!  You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com    LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.

Join us as guest Leslie Awasom of Xsite Capital discusses the importance of team building and expanding the reach of apartment syndication to underrepresented and minority communities.--Leslie AwasomLeslie is the Director of Operations and Co-founder of XSITE Capital Investment LLC. He manages the company operations, market/data analysis, cash flow and budget analysis. Leslie bought his first investment property in 2017 and transitioned to multifamily investing in 2019. Leslie is a trained Nurse Anesthetist and entrepreneur who lives in Hanover, Maryland. Leslie and the XSITE Capital team host a rapidly growing multifamily-focused meetup in Maryland where they provide resources and add value to individuals interested in growing their wealth and changing their financial future. Leslie is a husband, father of two beautiful girls and a son and loves to spend his spare time reading and flying drones.To learn more about Leslie Awasom:XSITE Capital Investment's Website: https://xsitecapital.com/--Follow Birch Prosper on Instagram (@birch_prosper)Visit our website https://www.birchprosper.com/Interested in investing with Birch Prosper? Let's chat! Schedule a call with us.

Julius Oni is the CEO and Co-Founder (focusing on Investor Relations) at XSITE Capital Investment LLC. Prior, Julius' investment focus was single family real estate and angel investing. Over the past several years, Julius has invested in over 50 start-ups, and currently sits on the advisory board of four healthcare-related start-ups. Here's some of the topics we covered: Multifamily Conferences How To Divide And Conquer  Getting Your First Deal Systems For Success Raising Money Making a Sacrifice To Obtain Success  Being and Staying Focused To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email Partner@RodKhleif.com  Please Review and Subscribe

We welcome 2022 with our awesome guests, Dr.Julius Oni and Tenny Tolofar. We discuss the many benefits of owning multi-family real estate and ways to improve cash flow and build a more considerable financial reserve. Stay connected to find out more tips about multifamily investing   WHAT YOU'LL LEARN FROM THIS EPISODE  Exploring real estate investment opportunities Why should you invest in multifamily properties? How to build awesome key relationships with brokers?    Ways to leverage your network  Why is it important to do due diligence?   RESOURCES/LINKS MENTIONED Wheelbarrow Profits by Gino Barbaro   Robert Gupta   ABOUT DR. JULIUS ONI AND TENNY TOLOFARI  Dr. Julius Oni is the CEO and Co-Founder (focusing on Investor Relations) at XSITE Capital Investment LLC. Prior, Julius' investment focus was single-family real estate and angel investing. Over the past several years, Julius has invested in over 50 start-ups and currently sits on the advisory board of four healthcare-related start-ups. Julius and the XSITE Capital team host a rapidly growing multifamily-focused meetup in Maryland where they provide resources and add value to individuals interested in growing their wealth and changing their financial future. Within the last 2 years, he led the acquisition of XSITE Capital's fast-growing portfolio of more than $100M. He was also acknowledged as a Forbes Business Council member in 2021. Tenny is the Director of Acquisition and Co-founder of XSITE Capital Investment LLC. Prior to forming XSITE Capital, Tenny spent several years leading a major sales team in one of the fastest-growing financial services companies in America. He is also a Global Cyber Security professional, supporting the likes of Boeing and Deloitte. Tenny and the XSITE Capital team host a rapidly growing multifamily-focused meetup in Maryland, where they provide resources and add value to individuals interested in growing their wealth and changing their financial future. CONNECT WITH DR. JULIUS AND TENNY  Website: Xsite Capital Investment Email: juliusoni@xsitecapital.com, tennytolofari@xsitecapital.com   CONNECT WITH US Email: shawn@greenbriarcg.com  Instagram: Shawn Winslow YouTube: Shawn Winslow LinkedIn: Shawn Winslow FaceBook: Shawn Winslow

Today's guest is Leslie Awasom, the Director of Operations and Co-founder of XSITE Capital Investment LLC. He manages the company operations, market/data analysis, cash flow, and budget analysis. Leslie bought his first investment property in 2017 and transitioned to multifamily investing in 2019. Leslie still works as a Nurse Anesthetist in Baltimore, Maryland. Leslie and the XSITE Capital team host a rapidly growing multifamily-focused meetup in Maryland where they provide resources and add value to individuals interested in growing their wealth and changing their financial future. Leslie is a husband, father of two beautiful girls and a 7-month-old son, and loves to spend his spare time reading and flying drones.Here are some key aspects discussed on the showMaking crucial financial decisions to live a dream lifeOvercoming limiting beliefs to invest in multifamilyGrowth Mindset - a core valueUsing data to operate underlying assetsUnwavering Faith and Massive EffortMentioned Book Resources Miracle Equation - Hal ElrodSecond Chance at your Life and Money - Robert KiyosakiConnect with Leslie AwasomEmail - leslieawasom@xsitecapital.comWebsite - www.xsitecapital.comConnect with Rama KrishnaEmail: info@ushacapital.comWebsite: www.ushacapital.com

Originally from Africa, Leslie started his medical career in 2008 as a healthcare provided and eventually found his passion and another calling as a real estate investor. In today's episode, Leslie will walk us through his real estate journey, how and why he started off as a limited partner including some of the deals that he made so far and the takeaways he got from them. Leslie Awesome is the Director of Operations at Xsite Capital Investment -a rapidly growing Multifamily Investment company with over $20million under management. Episode Highlights: Listen as Leslie talks about why he decided to start off as a limited partner What makes multi family the best investment Leslie talks about his very first deal and the lesson he learned from it Understanding what you are investing in Factors that determine where people wan to invest in Leslies' Top US States to invest in Connect with Leslie: LinkedIn Email  About Our Guest: Leslie is the Director of Operations and Co-founder of Xsite Capital Investment LLC. He manages the company operations, market/data analysis, cash flow and budget analysis. Leslie bought his first investment property in 2017 and transitioned to multifamily investing in 2019. In 2019, Leslie partnered and invested in a 192-unit apartment project as a Limited Partner. In 2020, Leslie and his partners Julius and Tenny, acquired a 49 units Class A, institutional grade asset in Washington, DC. Leslie is a Nurse Anesthetist in Baltimore, Maryland, and his team hosts a rapidly growing multifamily focused meetup in Maryland where they provide resources and add value to individuals interested in growing their wealth and changing their financial future. Leslie is a husband and father of two beautiful girls and loves to spend his spare time reading and drone flying. --- Did you enjoy today's episode? Please click here to leave a review for The We Build Great Apartment Communities. Be sure to subscribe on your favorite podcast app to get notified when a new episode comes out! Do you know someone who might enjoy this episode? Share this episode to inspire and empower! Connect with John Brackett and We Build Great Apartment Communities Instagram @webuildgreatcommunities Facebook @buildingreatcommunities LinkedIn @brackettjohn Website www.fidelitybps.com Subscribe to The We Build Great Apartment Communities Apple Podcasts Spotify Google Podcasts Do you think you would be a great fit for the show? Apply to be a guest by clicking . Fidelity Business Partners, Inc. 6965 El Camino Real Suite 105-190 Carlsbad, CA 92009 D: 760-301-5311 F: 760-987-6065

Leslie Awasom is the Director of Operations and Co-founder of Xsite Capital Investment LLC with over $107 Million in assets under management. He manages the company operations, market/data analysis, cash flow and budget analysis. Leslie still works as a Nurse Anesthetist in Baltimore, Maryland. Here's some of the topics we covered: Evaluating every scenario and assessing risk Overcoming analysis paralysis  The personal growth that multifamily real estate can provide Consuming positive content Learners are earners Your weekly plan The power of meditation Being an observer of your own thoughts What really matters Book recommendation “Second Chance at your Money and Your Life” Robert Kiyosaki  “The pursuit of a worthy goal” To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email Partner@RodKhleif.com  For more information on our guest, please visit:http://xsitecapital.com Please Review and Subscribe

In this episode, Dr. Julius Oni joins TimeOUT with the SportsDr to share his story of how he balances his life as an academic orthopedic surgeon with his love for real estate investing. Julius is the CEO and Co-founder (Investor relations) of XSITE Capital Investment LLC. He works as an orthopedic surgeon at Johns Hopkins in Baltimore, Maryland, with sub-specialization in hip and knee replacements, and was voted Top Doc for Joint Replacement by Baltimore Magazine in 2019 and 2020. Tune in to hear the amazing story of an immigrant from Nigeria achieving the American dream through multifamily real estate investing. Books discussed in this episode:  Skip The Line Wheelbarrow Profits The Miracle Morning If you're enjoying the podcast, please leave a 5⭐️ Rating at: RateThisPodcast.com/sportsdr Follow Me: Instagram: the.sports.dr  Facebook: Timeout with the SportsDr Email: thesportsdoctr@gmail.com Website: https://sportsdr.libsyn.com/ Follow Dr. Julius Oni: Instagram: xsitecapital Website: www.xsitecapital.com

How to attract experienced partners and whether to do a 506 B or 506 C when raising capital with Leslie Awasom and Brad Smith.Follow us on Instagram, Facebook, and TwitterFor more educational content, visit our website at www.diaryofanapartmentinvestor.comInterested in investing with Four Oaks Capital?  First step is to schedule a call with us. ----Leslie AwasomLeslie is the Director of Operations and Co-founder of Xsite Capital Investment LLC. He manages the company operations, market/data analysis, cash flow and budget analysis. Leslie bought his first investment property in 2017 and transitioned to multifamily investing in 2019. Leslie still works as a Nurse Anesthetist in Baltimore, Maryland. Leslie and the XSITE Capital team host a rapidly growing multifamily-focused meetup in Maryland where they provide resources and add value to individuals interested in growing their wealth and changing their financial future. Leslie is a husband, father of two beautiful girls and a 7-month-old son and loves to spend his spare time reading and flying drones.Check out his website https://xsitecapital.com/ Or email him at lawasom@xsitecapital.com----Brad SmithBrad Smith has been a project manager in the commercial construction industry for over 14 years, and prior to that worked in residential construction with his Father. In 2009 he bought a house with a friend and ended up fixing it up and selling it in 2012. He and his girlfriend-now wife- did the same in 2013. In early 2020, on a ski trip with a good friend, we decided short term rentals would be the easiest way to get our foot in the door of the Real Estate world. After educating themselves and listening to podcasts, Brad and his friend Jordan Grigg bought their first investment property together in June of 2020. Currently, he and his partner at Lift Bridge Capital are looking for large multifamily properties. Check out his website https://www.liftbridgecap.com/our-team/ LinkedIn https://www.linkedin.com/in/brad-smith-9191a479/ Email Brad@liftbridgecap.com----Your host, Brian Briscoe, is a co-founder and principal in the real estate investing firm Four Oaks Capital.  He and his team currently have 485 units worth $21 million in assets under management and are continuing to grow.  He will retire as a Lieutenant Colonel in the United States Marine Corps in 2021. Learn more about him and the Four Oaks team at www.fouroakscapital.com  or contact him at brianbriscoe@fouroakscapital.com - be sure to let him know where you found him.Connect with him on LinkedIn or Facebook.

Curtis May and Leslie Awasom discuss how Leslie came to America 20 years ago to pursue the American dream. Despite having a full-time career as a nurse, he is on track to acquire 500 units in 2020. Leslie is the Director of Operations and co-founder of Xsite Capital Investment LLC, a multifamily real estate investment focused company in the Washington DC area. He manages the company operations, market/data analysis, cash flow, and budget analysis. Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com   Links and Resources from this Episode www.practicalwealthadvisors.com Email Curtis for a free report - curtmay@gmail.com  Call his office - 610-622-3121 Connect with Leslie Awasom https://www.xsitecapital.com/  lawasom@xsitecapital.com    Special Listener Gift Schedule a 15-Minute Call with Curtis  Free Ebook Financial Planning Has Failed   Show Notes A great guest today! - 0:17 Leslie's background - 2:18 His learning process - 4:42 Leslie's goal - 9:21 Looking for more properties - 10:40 How he started his company - 12:14 Taking the first step - 14:30 The importance of savings - 16:58 A multifamily journey - 19:54 Common mistakes that people make with multifamily investing - 21:45 Teaching about what you do - 25:50 Creating strong relationships - 29:01 Providing value to other people - 31:06   Review, Subscribe and Share If you like what you hear please leave a review by clicking here   Make sure you're subscribed to the podcast so you get the latest episodes. Click here to subscribe with Apple Podcasts  Click here to subscribe with Spotify Click here to subscribe with Stitcher Click here to subscribe with RSS