On todays episode, Joe Cornwell interviews Christion Sadler. Christion Sadler is an award winning real estate entrepreneur based out of Salt Lake City, Utah. With over 18 years as an independent real estate investor, Christion has bought, sold, and managed projects spanning many asset classes including single family, multi family, commercial, and land.

Christion Sadler | Real Estate Background

• VP of Investor Relations at PREIshare
• Portfolio
  •  4+ Commercial Properties, Partner in $100mm Fund
• Based in: Salt Lake City, UT
• Best Ever Book: Think and Grow Rich by by Napoleon Hill
• Say hi to him at: 
  
  • LinkedIn

Sponsors:

Monarch Money

My1031Pros

Viking Capital

Gideon Pfeffer, CEO and managing partner at The GSH Group, joins host Slocomb Reed on the Best Ever Show. In this episode, Gideon discusses his pivot from investing in single-family homes to the multifamily space, investor sentiment and what he’s seeing in 2024, and why the “Stay Alive Till ‘25” approach is beginning to wane. 

Gideon Pfeffer | Real Estate Background

• CEO and managing partner at The GSH Group
• Portfolio
  •  7,500 apartment units
• Say hi to him at: 
  
  • LinkedIn

Sponsors:

Monarch Money

My1031Pros

Viking Capital

Ravi Gupta is a managing partner and COO at Viking Capital Investments, a multifamily syndication company. Today, he joins host Ash Patel on the Best Ever Show. Ravi is a trained physician who, with his partner, Vikram Raya, went from investing as a hobby to raising more than $230 million in equity and acquiring more than $800 million in real estate. In this episode, Ravi discusses the mindset shift that must happen to pivot from your W2 job to being a syndicator or full-time investor, having an impact by improving communities through multifamily investing, and why the biggest opportunity in multifamily is available right now.

Ravi Gupta | Real Estate Background

• Managing Partner/ COO Viking Capital Investments
• Portfolio
  •  16 Multifamily Units
• Based in: Fairfax, Virginia
• Say hi to him at: 
  
  • https://vikingcapllc.com/
• Best Ever Book: Multi-family Millions by David Lindahl
  
  

Sponsors:

Monarch Money

My1031Pros

Viking Capital

Vicky Schiff, CEO at Avrio Management, joins host Joe Cornwell on the Best Ever Show. In this episode, Vicky — a CRE entrepreneur and Adjunct Professor of Real Estate at Pepperdine Graziadio Business School — discusses preferred equity, its place in the capital stack, and the opportunity it presents for investors in the current CRE landscape. She illustrates this by breaking down a specific case study and goes on to discuss how rising interest rates have given rise to pref equity, all while explaining what’s really happening in the world of multifamily distress.

Previous Episode

Vicki Schiff | Real Estate Background

•  AVRIO
• Hires and trains virtual assistants, primarily for real estate companies.
• Based in: Los Angeles
• Say hi to her at: 
  
  • www.avriore.com
• Best Ever Book: Greatest Salesman in the World - OG Mandino

Sponsors:

Monarch Money

My1031Pros

Viking Capital

Best Ever Show hosts Ash Patel and Joe Cornwell convene for a two-man Best Ever Roundtable. In this episode, Ash and Joe discuss the differences between screening tenants for commercial properties vs. residential, including the difficulties they’ve faced and mistakes they’ve made. They also dive into mindset tactics to overcome fear and imposter syndrome, strategies for working with mentors and accountability partners, and where they think the real estate market is going — and how they plan to adjust accordingly. To cap it off, Ash shares what he thinks will be the hidden catalyst that could get real estate back on track in 2024.

Sponsors:

Monarch Money

My1031Pros

Viking Capital

Multifamily Fundamentals is a 10-part series hosted by multifamily investor and syndicator Matt Faircloth of the DeRosa Group. In each episode, Matt and his guests dive deep into the fundamentals of not just investing in multifamily, but in building a real estate business. They dissect everything from choosing the right market, to underwriting and financing multifamily properties, to mastering investor relations — all the way to building out your multifamily dream team.

Matt Faircloth and the DeRosa team's episode on multifamily investing highlights the necessity of active asset management and strategic planning for success. It underscores that effectively managing multifamily properties involves hands-on oversight and a business-like approach to achieve profitability.

Sponsors:

Monarch Money

My1031Pros

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.

Travis Watts discusses the choice between discipline or regret in investing, emphasizing the importance of discipline for financial success. He reflects on personal family experiences to highlight the value of time over money, advocating for a life of freedom and fulfillment through wise investing.

Sponsors:

Monarch Money

My1031Pros

Welcome to 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:

• Self-Storage Boom Set to Peak: A recent report from Yardi Matrix predicts a surge in supply for 2024 and 25, followed by a decline in later years, signaling a major shift in what’s become an attractive asset class for investors.
  
  

• ‘Cause for Optimism’ in NNN?: Triple-net-lease average closing cap rates declined in January while inventory dropped for a second consecutive month, to signs that Chris Lomuto of Northmarq says could be “cause for optimism.”
  
  

• Rents Are Cooling … Sort of: New “luxury” Class A supply is putting downward pressure on rents at all price points. It’s a phenomenon called “filtering,” and there are 12 U.S. markets where Class C rents are falling at least 6% year-over-year. All 12 of those markets have supply expansion rates ABOVE the U.S. average.

Today’s Guest: Joining host Paul Mueller on the Best Ever Show today is Jay Parsons. Jay is Head of Economics and Industry Principals at RealPage. As a rental housing economist, Jay is one of the leading voices in multifamily real estate. He’s an author, speaker, and an expert in market trends and forecasts, rental housing policy issues, property management, and more. If you want to read more from Jay on this story, he’s posted on Twitter and LinkedIn about it recently. You can also follow him on LinkedIn and on Twitter @JayParsons.

Sponsors:

Monarch Money

My1031Pros

Mac Shelton — founding partner at Sweetbay Capital, which focuses on multifamily value-add deals in Virginia and the Carolinas — joins host Slocomb Reed on the Best Ever Show. In this episode, Mac discusses investing in student rentals before reading Joe Fairless’s Book — the Best Ever Apartment Syndication Book — and how the lack of scalability in student rentals led him and his partner to pivot to multifamily syndication. From niching down and investing in familiar markets to overcoming tenant delinquency, Mac shares his experience buying multifamily deals in the challenging landscape that defined 2023.

Mac Shelton | Real Estate Background

•  Founding Partner at Sweetbay Capital

• Portfolio:

  • 131 units with 60 more under contract

• Based in Raleigh, NC

• Say hi to him at

  • www.sweetbay-capital.com

  • Linkedin

Sponsors:

Monarch Money

My1031Pros

Valentina Brega, owner/operator of HireTrainVA.com, joins host Joe Cornwell on th Best Ever Show, sharing her story of immigrating to the U.S. from Moldova and her origins in real estate. In this episode, she discusses cutting her teeth making cold calls at a wholesaling company, what she learned about communications from analyzing her own conversations, and how hiring virtual assistants can help elevate your business and do more deals.

Valentina Brega | Real Estate Background

• HireTrainVA
• Hires and trains virtual assistants, primarily for real estate companies.
• Based in: Nashville, TN
• Say hi to her at: 
  
  • https://hiretrainva.com/linktree/
• Best Ever Book: Traffic Secrets - Russel Brunson

Sponsors:

Monarch Money

My1031Pros