Best Real Estate Investing Advice Ever

On today’s Skillset Sunday, we’re talking with Wade Micoley all about assisted living and medical care facilities. Wade owns several nursing homes and has plenty of experience in each step of the process. He tells us about scalability, the specifics on staffing and the daily management of the facility, and the criteria you need to meet to get approval. 

Wade Micoley Real Estate Background: 

  • 30+ years of experience as a broker and top agent
  • Owns several nursing homes, a residential construction company, and helped start a very large regional bank
  • Based in Green Bay, WI
  • Say hi to him at: www.realtyhive.com

 


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Direct download: JF_2546_Wade_Micoley.mp3
Category:general -- posted at: 7:00am EDT

Today we’re talking with Kris Bennett about the beginner’s guide to self storage investing. He talks about how he took his first acquisition from 70% to 90% occupancy in 60 days in one easy step, how to be as hands off as possible in your investments, how he finds his deals even in a saturated market, and what specific metrics to look for to know you’re getting a good deal. 

 

Kris Bennett Real Estate Background:

  • One of two self-storage managing partners at PassiveInvesting.com
  • 14 years of CRE investing experience
  • Recently closed a 15k sf. self-storage facility and adding another 150 units, or 22,000 sf of climate-controlled units
  • Under contract on 2 self-storage facilities in NC and CO totaling $18 million in price
  • Based in Vacaville, CA
  • Say hi to him at: PassiveInvesting.com
  • Best Ever Book: Principles

 


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Direct download: JF_2545_Kris_Bennett_.mp3
Category:general -- posted at: 7:00am EDT

Aspiring professional golfer, Jonathan Farber, actively seeks out opportunities to work less and make more. He got his first taste of financial freedom through rentals and by knowing exactly where to buy them. Today, Jonathan walks us through his in-depth process for finding his next market to ensure he yields the best returns, and how you can do the same for your next investment.

 

Jonathan Farber Real Estate Background:

  • Full-time real estate investor, podcast host, podcast course creator, real estate mastermind coach
  • 7 years of real estate investing experience
  • Portfolio consists of 4 buy and hold units, 5 short term rental properties, 2 flips, 3 house hacks, 4 wholesales, and 1 wholetail
  • All real estate investments are completely passive
  • Based in Plainview, NY
  • Say hi to him at: https://jonfarber.co/
  • Best Ever Book: Best Ever Apartment Syndication Guide & Rocket Fuel

 

 

 


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Direct download: JF_2544_Jonathan_Farber_.mp3
Category:general -- posted at: 7:00am EDT

In today’s episode of the Actively Passive Investing Show, Travis Watts gives us an updated overview of the real estate market in Q3. He takes into account our recent federal spending, inflation rates, and the price of real estate in 2021 and shares price appreciation and predicted rent increases. Tune in for more information on whether it’s a good time to enter the real estate market.


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Direct download: JF_2543_Actively_Passive_Investing_Show_55.mp3
Category:general -- posted at: 7:00am EDT

After losing everything in 2000, Brian Noel realized he could make more money with real estate than his full time job, and he decided to start investing in cash flow properties. Today, he talks about the biggest challenges he faced as a GP, lessons learned from working with co-sponsors and investors, and how to keep investors from pulling out funds unexpectedly. 

Brain Noel Real Estate Background:

  • 40+ years of real estate investing experience
  • LP/KP/GP in 12 buildings for over 3,000 doors
  • Flipped over 30 properties
  • Based in Denver, CO
  • Say hi to him at: www.ascotequitypartners.com
  • Best Ever Book: The One Thing 


Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify

Direct download: JF_2542_Brian_Noel_.mp3
Category:general -- posted at: 7:00am EDT

Although she came into real estate with an accounting background, Lisa Hylton’s first investment actually lost money. She decided to invest in education instead, and that’s when she was introduced to syndicating. Today, she’s talking about industrial vs. multifamily, what qualifications she looks for in an operator, and doing her due diligence before joining a syndication. 

Lisa Hylton Real Estate Background:

  • Full-time real estate investor
  • 10 years real estate investing experience
  • Passively invested in 5 deals to date
  • GP of a fund that invested in 250 units in Atlanta in 2019
  • Portfolio includes 2 multifamily investments of approximately 500 doors, 2 multifamily investments that are currently going full cycle of 600 units and 250 units, and 1 industrial asset
  • Based in Los Angeles, CA
  • Say hi to her at: www.lisahylton.com
  • Best Ever Book: The Hands Off Investor


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Direct download: JF_2541_Lisa_Hylton_.mp3
Category:general -- posted at: 7:00am EDT

Growing up in construction and then doing over 1,000 fix and flips, Joe Evangelisti ultimately shifted to self storage development. Today, he’s talking about lessons learned in his first deal, converting a senior care facility to self storage. Joe shares in detail about why it took 12 months longer than projected, what he did differently in future developments, and his current process for vetting his team to ensure his timeline goes according to plan. 

Joe Evangelisti Real Estate Background:

  • CEO of 3 different companies. Legacy Developers (Self Storage Development), Mammoth Conversions (Digital Marketing), and Hero Home Buyers (Wholesale)
  • Has been investing in real estate for 15+ years, actively and passively
  • Focusing more on self storage development with multiple Class A facilities breaking ground within the next few months
  • Based in Haddonfield, NJ
  • Say hi to him at: elevatewithjoe.com 


Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify

Direct download: JF_2540_Joe_Evangelisti_.mp3
Category:general -- posted at: 7:30am EDT

Jimmy Edwards just closed his first full cycle deal in his college town, giving 100% returns in just 35 months. Today we’re getting down to the numbers and learning his exact step-by-step process for successful rehabbing and rebranding. Jimmy shares what he told investors when he found out how poor conditions actually were, 6 key things he did to let the community know there’s new ownership, and how he knew it was time to sell. 

Jimmy Edwards Real Estate Background: 

  • Previous episode: JF1421
  • Just closed on first full cycle deal - 2x multiple in 35 months, purchased at 50% occupancy, decreased to 38% occupancy, sold at 92%
  • Full time multifamily investor
  • Invested in 570 units
  • Purchased, rehabbed, and successfully sold over 100 SFRs
  • Based in Dallas, TX
  • Say hi to him at: www.HighFiveMultifamily.com

 


Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify

Direct download: JF_2539_Jimmy_Edwards_.mp3
Category:general -- posted at: 7:00am EDT

At the start of the pandemic, Chad Sutton was on his way to closing a deal....until the lender backed out 12 days before closing due to projected economic changes. Now, Chad’s left with raising $4M before time runs out. He tells us his first three calls he made after finding out the news, the first fire he put out, and how he made it happen against all odds. 

 Chad Sutton Real Estate Background: 

  • Previous episode: JF2372
  • Full time real estate investing, formerly Aerospace/Mechanical Engineer and then Global Sourcing Leader
  • 2 years experience
  • 600+ units multifamily and growing
  • Based in Nashville, TN
  • Say hi to him at: www.thequattroway.com 

Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify

Direct download: JF_2538_Chad_Sutton_.mp3
Category:general -- posted at: 7:00am EDT

After fixing and flipping nearly 1200 single family homes, Jacob Vanderslice and his 2 partners focused most of their funds into self storage investing. Now, their portfolio consists of $195M in real estate assets. Tune in to find out why they chose self storage over other real estate, 4 ways to know if you’re getting a good deal, and why you may reconsider investing in self storage. 

Jacob Vanderslice  Real Estate Background:

  • Principal at VanWest Partners
  • VanWest focuses on acquisition and management of self-storage centers
  • Portfolio consist of $195 million in real estate assets
  • Based in Denver, CO
  • Say hi to him at: www.vanwestpartners.com 
  • Best Ever Book: The Kingdom of Ice


Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify

Direct download: JF_2537_Jacob_Vanderslice.mp3
Category:general -- posted at: 7:00am EDT