Best Real Estate Investing Advice Ever (general)

Although Stony Stonebraker wasn’t able to invest in real estate until after retirement, he went all in and is now a GP. Today, Stony is talking about his experience finding partners and creating a solid team, his due diligence process, and his main hesitation when looking at different asset classes.

 

Stony Stonebraker Real Estate Background:

  • Started his career with NASA in the Apollo space program
  • Currently full time commercial real estate investor
  • Invested in over 1,000 multifamily units in Florida and Texas
  • Based in Miami, FL
  • Say hi to him at: PassivoREI.com
  • Best Ever Book: Passive Investing Made Simple

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Direct download: JF_2603_Stony_Stonebraker_.mp3
Category:general -- posted at: 7:00am EDT

Growing up with a frugal upbringing, Travis Watts knew how to be careful with his money and live within his means. Now, he’s a full time passive investor and helps other busy professionals do the same. Today, Travis is sharing his best advice for investors that may not have the capital for big investments yet, resources for the new investor, and how he deals with skepticism in the industry. 

 

Travis Watts Real Estate Background:

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Direct download: JF_2601_Travis_Watts.mp3
Category:general -- posted at: 7:00am EDT

Jim Pfeifer spent most of his professional career as an educator before becoming a full time passive investor. Now, he helps educate others on how to do the same. Jim is sharing his 4-step sponsor screening process, today’s hottest asset class, and red flags you may not recognize at first glance. 

 

Jim Pfeifer Real Estate Background:

  • Full time, passive commercial investor 
  • Currently invested in over 60 passive investments
  • Founder of a Community that educates people about passive syndication investing and offers networking with other like minded people
  • Based in Columbus, OH
  • Say hi to him at: www.leftfieldinvestors.com
  • Best Ever Book: The Hands-Off Investor

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Direct download: JF_2600_Jim_Pfeifer.mp3
Category:general -- posted at: 7:00am EDT

In today’s episode of the Actively Passive Investing Show, Travis discusses the differences between self-directed IRA investing and eQRP plans with Damion Lupo. They’re explaining why you may consider paying for this service instead of a “free” account with a major brokerage firm, and how they’re squashing skepticism on these new plans. 

 

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Direct download: JF_2599_Actively_Passive_Investing_Show_63.mp3
Category:general -- posted at: 7:00am EDT

When Lennon Lee moved from Venezuela in 2010, he knew he wanted to search for passive investment opportunities to provide for his family. Today, Lennon is diving into the difference between being an LP vs. a GP in a deal, the role of the GP with investor communications, and the importance of capital raising through partnership building. 

 

Lennon Lee Real Estate Background: 

  • Invested his family’s life savings into real estate to build a solid future for his parents and siblings
  • Involved as both an LP and GP in the acquisition of over 2000 multifamily units, with an approximate market value of $200M
  • Based in Miami, FL
  • Say hi to him at: bldcapitalgroup.com

 

 

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Direct download: JF_2598_Lennon_Lee.mp3
Category:general -- posted at: 7:00am EDT

After finding out about the high demand for industrial, single tenant net lease opportunities, Randy Blankstein decided to take advantage of that at the young age of 26. Now, 30 years later, he’s been continually active in this niche. Today, Randy is sharing his fundamental criteria for properties, common misconceptions of triple net leases, and what specific type of real estate to buy for best returns. 

 

Randy Blankstein Real Estate Background:

  • Senior commercial real estate executive with over 30 years of experience focused on advisory services in the single tenant net lease sector
  • Owner of commercial real estate investment brokerage firm
  • JV equity partner in 1 retail property, 1 flex property and 12 industrial properties
  • Based in Wilmette, IL
  • Say hi to him at: https://www.bouldergroup.com/

 

 

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Direct download: JF_2597_Randy_Blankstein.mp3
Category:general -- posted at: 7:00am EDT

Although Hendra Tambunan has been in real estate investing for 15 years, he officially made the switch into multifamily 2 years ago for higher income potential. Today, Hendra is talking about how he became a general partner in his first syndication, what value he brought to the table to earn that title, and why he’s looking to diversify his asset classes even further into commercial properties. Bonus: hear Ash’s top tips for anyone entering the commercial market. 

 

Hendra Tambunan Real Estate Background:

  • Full time Technology CRM Consultant
  • Syndicator, LP and owner in multifamily units and Short Term Rentals 
  • Has ownership interest over 1000 units of multifamily
  • Based in Hayward, CA
  • Say hi to him at: www.ideaboxcapital.com
  • Best Ever Book: The Go Giver

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Direct download: JF_2596_Hendra_Tambunan.mp3
Category:general -- posted at: 7:00am EDT

After buying his first property 20 years ago and working full time for a real estate investing firm, Dmitriy Fomichenko started Sense Financial to help people gain control of their retirement savings. Today, Dmitriy is telling us about the Solo 401K for small business owners, how his business dramatically shifted when he introduced them, and why he thinks they’re a no-brainer when compared to traditional retirement savings strategies. 

 

Dmitriy Fomichenko Real Estate Background:

  • Founder and president of Sense Financial, a boutique financial firm specializing in self-directed retirement accounts with checkbook control
  • Passive investor, owns interest in multiple MF & self-storage syndications, a private lender and is a licensed California Real Estate Broker. 
  • Based in Orange County, CA
  • Say hi to him at: SenseFinancial.com

 


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Direct download: JF_2595_Dmitriy_Fomichenko.mp3
Category:general -- posted at: 7:00am EDT

When Ryan Barone started college, he never knew how complicated the process would be to rent an apartment. This led him to creating an app for tenants to simplify the process for their renters. His college passion project eventually became RentRedi. Ryan is sharing why landlords love using this software, how it streamlines each step of the renting process, and added benefits it provides renters as well.

 

Ryan Barone Real Estate Background:

  • Co-Founder, CEO, and CTO of RentRedi – modern, end-to-end landlord software that streamlines self-management of rental properties to make financial freedom attainable for landlords and renting a truly amazing experience for tenants
  • Before launching RentRedi, he worked at Goldman Sachs and PricewaterhouseCoopers (PwC)
  • Based in New York, NY
  • Say hi to him at: https://rentredi.com/

 

 

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Direct download: JF_2594_Ryan_Barone_.mp3
Category:general -- posted at: 7:00am EDT

Former Project Manager, Derek Clifford, used his multifamily incomes to retire from his W2 position just this year. Keeping his life vision in mind, he’s currently working with his wife to acquire deals in Indianapolis. Derek is sharing with us his top 3 goals as a result of his investments, why he chose to focus on small multifamily in the Midwest, and his most creative approach to reaching investors. 

 

Derek Clifford  Real Estate Background:

  • Recent full time real estate investor
  • Converted all single families to apartments, and now does syndications and JV's in apartments
  • Currently controls around 100 units in JV's, and involved in 2 syndications as an LP (125 units + 42 units), and in another 2 syndications as a GP (44 units + 108 units)
  • Currently AirBNB nomading around the country
  • Say hi to him at: https://elevateequity.org
  • Best Ever Book: Raising Capital for Real Estate & Can’t Hurt Me

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Direct download: JF_2593_Derek_Clifford.mp3
Category:general -- posted at: 7:00am EDT