Best Real Estate Investing Advice Ever

Ryan Smith, principal at Elevation Capital Group, joins host Joe Cornwell on the Best Ever Show. In this episode, Ryan discusses his upbringing in real estate, investing in mobile home parks and self-storage, and investing through multiple market cycles. He also breaks down the state of self-storage and the four key points he uses in his underwriting process.

 

Repeat Guest: JF1868: Investor Creates Software To Better Manage Real Estate with Ryan Smith

 

Sponsors:

Viking Capital

Baselane9

Direct download: JF_3492_Ryan_Smith_1.mp3
Category:general -- posted at: 4:10am EDT

Rob Powell, CEO and Principal of RESOLUT Real Estate, joins host Slocomb Reed on the Best Ever Show. In this episode, Rob discusses how he missed out on building a mobile home park portfolio by having unrealistic expectations and overnegotiating. He also shares his strategy behind buying cash, residential vs. non-residential commercial real estate, and why you should fall in love with the numbers, not the asset.

Rob Powell | Real Estate Background

Sponsors:

Viking Capital

Baselane

Direct download: JF_3491_Rob_Powell_2.mp3
Category:general -- posted at: 3:44am EDT

Irwin Boris, senior vice president of investments at Heritage Capital Group, joins host Ash Patel on the Best Ever Show. In this episode, Irwin and Ash nerd out on the nuances of industrial real estate, including small-bay flex, outfitting spaces for unique tenants, why Irwin covets “wheel-and-spoke” markets. Irwin also shares his thoughts on the current economic climate and explains why he’s selling a 500-unit multifamily property despite it not being the best time to sell.

Irwin Boris | Real Estate Background

  • Heritage Capital Group
  • Portfolio:
    • 7MM SF of industrial, small bay flex and 500 units of legacy multifamily
  • Based in: Ridgewood, NJ & Bozeman MT
  • Say hi to him at: 

Sponsors:

Viking Capital

Baselane

Direct download: JF_3490_Irwin_Boris_2.mp3
Category:general -- posted at: 3:19am EDT

Welcome to the Due Diligence Show, a new Best Ever series featuring deep dives into every aspect of the due diligence process. In this series, our host, Slocomb Reed, will interview expert guests to uncover their stories, tips, and strategies to give you the information you need to master the due diligence process.

Sandhya Seshadri, a Dallas-based apartment syndicator and asset management coach, shares insights on multifamily property due diligence, focusing on physical, financial, and environmental assessments. With over 1400 apartments under management, she emphasizes hiring third-party experts for unbiased due diligence, examining physical condition, lease agreements, and financials to avoid surprises and ensure projections meet investor expectations

Sponsors:

Viking Capital

Baselane

Direct download: JF_3489_-_Due_Diligence_-_Sandhya_Seshardi_1.mp3
Category:general -- posted at: 4:09am EDT

Dave Allred, CEO of Axia Partners, joins host Joe Cornwell on the Best Ever Show. In this episode, Dave — a self-proclaimed deal junkie — discusses how he landed TopGolf on a NNN lease, how he reverse-engineered his goals to achieve lifestyle freedom, and why he’s excited about the opportunity that exists right now. He also explains how, even though his heart is in multifamily, he has expanded by being opportunistic in other asset classes.


Repeat Guest: JF2555: Half a Million by 25 with Dave Allred

 

Sponsors:

Viking Capital

Baselane

Direct download: JF_3488_Dave_Alllred__1.mp3
Category:general -- posted at: 8:13am EDT

Andrew McNair, president and founder of Swan Capital, joins host Ash Patel on the Best Ever Show. In this episode, Andrew discusses the danger of investing with syndicators with short track records, working with (and marketing to) retirees, and the power of diversification. He goes on to discuss how, as a fund manager, he’s vetted syndicators in the past, and how that process has changed over time during a challenging economic climate.

Andrew McNair | Real Estate Background

  • President & Founder of SWAN Capital
  • Portfolio:
    • Mutli-Family, RV Parks, Storage, Short Term, Industrial.
  • Based in:  Pensacola, FL & Daphne, AL
  • Say hi to him at: 

 

Sponsors:

Viking Capital

Baselane

Direct download: JF_3487_Andrew_McNair_new.mp3
Category:general -- posted at: 3:17am EDT

Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor.

In todays episode, Travis Watts emphasizes the importance of diversification, understanding market trends, and the value of patience and consistent investing strategies to achieve long-term financial success.

Sponsors:

Viking Capital

Baselane

Direct download: JF_3486_Passive_Investor_Tips_87ddddd.mp3
Category:general -- posted at: 7:37am EDT

Welcome the the Best Ever midweek news brief, a new series where we will highlight the top headlines CRE investors should be paying attention to this week, followed by a deep dive on a larger news topic or trend alongside a CRE expert.

Today’s Headlines:

  • Denver is on Fire: Despite its high home prices relative to the national average, Colorado’s Capital has taken the top spot in U.S. News’s recent list of the nation’s 20 hottest housing markets. 

  • Minneapolis Captivates Renters: Renters searched for apartments in Minneapolis more than any other market in February. Apartment searches in Minneapolis grew a staggering 234% compared to February last year.

  • Dallas Owns Industrial: Dallas led the industrial sector in terms of deliveries in 2023, with almost 61.9 million square feet delivered across 177 properties, more than doubling the average pace nationally.

 

Today’s Guest: Has the CRE market hit the bottom? Some big players seem to think it has. Goldman Sachs said last week that it’s ready to start actively investing in commercial real estate again, and Blackstone is on the bandwagon, too. According to Blackstone President Jon Gray, the time to make a move is not after interest rates come down, but before. He also says that as investors, sometimes, you can miss the bottom by being overly cautious, and he believes that now is probably a good time to move fast and buy real estate before rates come down. Logan Freeman, co-founder and principal at FTW Investments, joins host Paul Mueller to discuss.

 

Logan Freeman | Real Estate Background

 

Sponsors:

Viking Capital

Baselane

Direct download: Paul_episode_fix.mp3
Category:general -- posted at: 3:19am EDT

Igor Shaltanov and Nikita Volchek, founders of Avista Fund, join host Slocomb Reed on the Best Ever Show. In this episode, Igor and Nikita discuss the nuances of operating a fund, including how they align the interests of the investors and fund managers and how funds can negotiate favorable terms for investors.

Igor Shaltanov and Nikita Volchek | Real Estate Background

  • Founder/Managing Partner of Avista Fund
  • Portfolio:
    • 3,200+ multifamily units, cumulative value of over $500MM
  • Based in: Los Angeles, California
  • Say hi to him at: 
  • Best Ever Book: Book: Think and Grow Rich by Napoleon Hill

Sponsors:

Viking Capital

Baselane

Direct download: REPLACE.mp3
Category:general -- posted at: 3:58am EDT

Zamir Kazi, CEO of ZMR Capital, joins host Slocomb Reed on the Best Ever Show. A college dropout who learned how to renovate properties by watching YouTube, Zamir now has 50 properties with more than 10,000 units under management. In this episode, Zamir discusses the “perfect storm” that has given rise to distress, his 200-plus unit buy box, and why he’s being patient and waiting for the right time — which he says is coming — to buy in the face of the wave of upcoming distress.

Zamir Kazi | Real Estate Background

  • CEO of ZMR Capital
  • Portfolio:
    • $1.75B+ assets currently under mgmt. 8,000+ units.
  • Based in:  LA and Tampa, FL
  • Say hi to him at: 
  • Best Ever Book: Shoe Dogs by Phil Knight

 

Sponsors:

Viking Capital

Direct download: JF_3483_Zamir_Kazi_.mp3
Category:general -- posted at: 3:07am EDT