Tom and his company specialize in hospitality and restaurant brokerage. That’s where Tom built a career for many years before the long hours and his family made him want to make a change. With 30 years of restaurant and night club experience, Tom is the perfect partner for investors who are looking for restaurant deals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You buy quality real estate and you’ll make a lot of money if you hold on” - Tom Prakas

Tom Prakas Real Estate Background:

• Tom has 30 years experience in the restaurant, nightclub and sports bar industry
• Has owned 27+ popular establishments throughout Ohio, Georgia and South Florida
• He and his team have sold or leased over 400+ restaurants and commercial properties
• Based in West Palm Beach, FL
• Say hi to him at https://www.prakascompany.com/
• Best Ever Book: Art of the Deal

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Today’s syndication school is continued over from yesterday’s episode. Theo will cover the rest of the assumptions you will be setting. So dive in and hit play to learn more about how to do an apartment syndication deal. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Landscaping is one of the first things that people see when they come to your property so you want to make sure it is nice and clean”

Free Simple Cash Flow Calculator:

http://bit.ly/simplecashflowcalculator

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Time to start learning about setting assumptions. You’ll be setting a few assumptions when underwriting value add apartment syndication deals. Theo will be discussing those assumptions, and how to accurately set them in today’s Syndication School. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“If you’re doing a deal that’s smaller than 250 or 200 units, you can use the 1.75% number”

Free Simple Cash Flow Calculator:

http://bit.ly/simplecashflowcalculator

Sponsored by Stessa - Maximize tax deductions on your rental properties. Get your free tax guide from Stessa, the essential tool for rental property owners.

One of the most popular ways to get started in real estate is through house hacking. This is how Chad got his start as well, only he did it a little different. Usually, someone will purchase a multifamily property and live in one of the units while renting out the other unit or units. Chad needed someone to help pay the mortgage so his friend moved in and his rent paid almost the whole mortgage. That got chad started and he quickly set out to get more property. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“I had the company as an insurance blanket and it bailed me out a couple of times” - Chad Hudson

Chad J Hudson Real Estate Background:

• Started investing in 2000 when he was burnt out on baseball
• Founded Savoy Companies and grew to over 30 units
• Based in Rockwall, TX
• Say hi to him at https://www.savoycompanies.com/
• Best Ever Book: The One Thing by Gary Keller

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Daniel and his parents immigrated to the United States in 1999, they faced tough times growing up as the family struggled financially. Daniel bought his first deal specifically for his parents and their retirement at the age of 22. Now he’s scaled his business to owning 75 units and is also fixing and flipping multiple properties at the same time. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“When I first got into real estate, I only wanted to learn, I wasn’t even hungry for a deal” - Daniel Kwak

Daniel Kwak Real Estate Background:

• Started investing at 20 years old
• Owns over 75 units and currently doing 6 fix and flips
• Based in Aurora, IL
• Say hi to him at https://thekwakbrothers.com/
• Best Ever Book: Pitch Anything

Sponsored by Stessa - Maximize tax deductions on your rental properties. Get your free tax guide from Stessa, the essential tool for rental property owners.

Adam is here to talk fundraising with us today. Not necessarily fundraising to purchase real estate, but rather for non profit organizations. Adam and his company use real estate to raise the money for different charities. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“They usually make as much or more than if they rented it out” - Adam Capes

Adam Capes Real Estate Background:

• Co-founder and president of Getaway2Give, a company changing the way non-profits raise money
• Their mission is to be the best in the country at helping charities and schools raise money, they’ve helped raise over $10M so far.
• Based in Atlanta, GA
• Say hi to him at https://www.getaway2give.net/

Sponsored by Stessa - Maximize tax deductions on your rental properties. Get your free tax guide from Stessa, the essential tool for rental property owners.

Taxes are an inevitable part of running a business, sometimes things can go wrong. When the IRS comes knocking, it’s better to be prepared. Shanyn has helped her clients and is here to share some tips with us today. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“If you’re handing an IRS agent a copy of your bank statement that has co-mingled business and personal funds, that opens up all of those transactions for scrutiny” - Shanyn Stewart

Shanyn Stewart Background:

• Tax strategist and serial entrepreneur  
• Has been helping clients with taxes for 22 years with her company Advanced Accounting
• Based in Lambertville, MI
• Say hi to her at https://advancedaccounting.com/

Sponsored by Stessa - Maximize tax deductions on your rental properties. Get your free tax guide from Stessa, the essential tool for rental property owners.

Joe and Theo are back for another round of Follow Along Friday. Today, Joe is sharing his best lessons learned from last week, when he interviewed nine people for the podcast. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“When you come up with a good life number, you can put together a plan to reach that number”

Sponsored by Stessa - Maximize tax deductions on your rental properties. Get your free tax guide from Stessa, the essential tool for rental property owners.

Today’s episode covers part four of seven on our value add apartment underwriting strategy. If you didn’t listen to yesterday’s episode, you should. Theo began covering the underwriting process so you’ll want to hear that first. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You don’t want to spend too much time investigating one small assumptions”

Free Simple Cash Flow Calculator:

http://bit.ly/simplecashflowcalculator

Sponsored by Stessa - Maximize tax deductions on your rental properties. Get your free tax guide from Stessa, the essential tool for rental property owners.

Theo has covered a ton of details so far for apartment syndication deals. Today we’ll start learning about the actual underwriting process. Steps 1, 2, and 3 are covered today, with more to follow! PLUS we’re including a free simplified cash flow calculator for you to practice your underwriting with, can be used along with these episodes to follow along. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You want to make sure the T-12 is current”

Free Simple Cash Flow Calculator:

http://bit.ly/simplecashflowcalculator

Sponsored by Stessa - Maximize tax deductions on your rental properties. Get your free tax guide from Stessa, the essential tool for rental property owners.