Drew Joyner, owner of Ash Holdings, shares his experience in commercial real estate, focusing on industrial and retail properties. He values commercial assets for their challenges and stability, and prioritizes tenant management, zoning, and parking issues. Drew highlights a South Memphis deal with a 40% cash-on-cash return and stresses the importance of broker relationships and professional expertise in finding off-market opportunities.

Drew Joyner | Real Estate Background

• Ash Holdings
• Portfolio:
  • 15 properties / 53 units / ~165,000 sqft
• Based in: Memphis, TN
• Say hi to him at:
  • LinkedIn

Sponsors:

Apartments.com

In this episode, Joe Cornwell interviews Ron Walraven, a seasoned real estate investor with over 25 years of experience in wholesaling and creative finance. They discuss Ron's transition from wholesaling to long-term investments, particularly in the commercial real estate sector and assisted living facilities. Ron shares insights on creative financing strategies, the importance of solving seller problems, and the current market landscape as they approach Q4 2024. He emphasizes the need for investors to be problem solvers and to build strong connections with sellers to create win-win situations.

Sponsors:

Apartments.com

In this conversation, Slocomb Reed and Nick Simpson discuss the current state of the real estate market, focusing on multifamily and affordable housing investments. Nick shares insights on recent acquisitions, the challenges of negotiating in a fluctuating market, and the importance of conservative underwriting. They also explore the impact of interest rates on investment strategies and the lessons learned from recent experiences in development and acquisitions.

Sponsors:

Apartments.com

On this episode of the Next Level CRE Show, Matt Faircloth interviews Arne Cenedella about staying spry in body, mind, and business as they age. Arne shares his daily workout routine and the benefits he experiences from staying physically active. They also discuss Arne's real estate ventures, including smaller syndication deals and build-to-rent projects. Arne explains the advantages of buying new construction properties and the differences in underwriting between older and newer buildings. The conversation explores the differences between new construction and value-add multifamily investments. The hosts discuss topics such as renovation schedules, investor appeal, rental income, operating expenses, real estate taxes, insurance, and the need for purpose and productivity in life. They also touch on the importance of finding a niche and the benefits of organizations like SCORE for small business owners. The conversation concludes with a discussion on longevity and the potential for extending the human experience.

Sponsors:

Altra Running

Apartments.com

Scott Trench, CEO of BiggerPockets, joins hosts Ash Patel and Amanda Cruise on the Best Ever CRE Show. In this episode, Scott discusses his conservative investing strategy, including his LP investments in syndications that haven’t gone as planned. He also discusses the state and future of multifamily syndications, how he’s navigated capital calls as an LP, and why someone who has never lost money is dangerous to invest with. Scott is an economist at heart, so he shares his insights on the Fed, interest rates, and the economic factors that will likely impact commercial real estate in the coming months.

Scott Trench | Real Estate Background

• CEO of BiggerPockets
• Based in: Denver, Colorado
• Say hi to him at:
  • LinkedIn
  • BiggerPockets

Sponsors:

Altra Running

Apartments.com

Andy McMullen, CEO of Legacy Acquisitions, joins host Slocomb Reed on the Best Ever CRE Show. In this episode, Andy discusses developing build-to-rent in the southeast, why the time horizon to build in a certain market is among the most crucial factors when choosing BTR markets, and why he prefers BTR to multifamily value-add. Slocomb — a multifamily owner/operator — plays devil’s advocate, challenging Andy on BTR assumptions and strategies, and Andy fires back with the details and nuances his team focuses on to give them a competitive advantage.

Sponsors:

Altra Running

Apartments.com

Shane LaFave, executive vice president of Roers Companies, joins host Joe Cornwell on the Best Ever CRE Show. In this episode, Shane discusses the development aspect of his business, specifically finding land to purchase for new developments, how he’s able to build right now when other developers are struggling, and what he looks for in a land deal. He also provides a step-by-step breakdown of a $45 million deal he did in his backyard in Minnesota, including how he used Minnesota’s tax increment financing program to get nearly $6.5 million in additional up-front financing.

Sponsors:

Altra Running

Apartments.com

Cindy Hook of Sonos Capital joins Amanda Cruise and Ash Patel on the Best Ever CRE Show. In this episode, Cindy discusses buying mobile home communities across the country, how their team manages communities across different markets, and how to get started in raising capital. She also discusses lessons she’s learned in managing mobile home parks, including septic and sewage issues that threw a major wrench in her early deals.

Sponsors:

Altra Running

Apartments.com

In this episode of Next Level CRE on the Best Ever CRE Show, Luke Carl, a short-term rental specialist who dabbles in multifamily, joins host Matt Faircloth. Luke is a legit rock star in both music and real estate. In this episode, he shares the secrets to scaling an STR portfolio through vertical integration, how he structures his bank accounts to account for CapEx (without paying himself), and how he builds long-term wealth to become “bulletproof.” He also discusses the short- and long-term forecast in the STR space, and why he believes the floodgates are about to open.

Sponsors:

Altra Running

Apartments.com

Andy Weiner, president of RockStep Capital, joins hosts Amanda Cruise and Ash Patel on the Best Ever CRE Show. In this episode, Andy gives an absolute masterclass on retail investment, focusing on enclosed malls and power centers. He shares the misconceptions around Amazon’s impact on retail, why going tenant-by-tenant is the best way to forecast NOI with mall spaces, and why owning a second-generation power center is a good bet in today’s world.

Seriously … if you’re looking to invest in retail, this is an absolute must-listen.

Sponsors:

Altra Running

Apartments.com

Dan Costantino — a value-add multifamily operator, hard money lender, and managing member at Achieve Capital Partners — joins host Slocomb Reed on the Best Ever CRE Show. In this episode, Dan shares how his real estate side hustle became his full-time gig, from raising capital from passive investors for hard money lending to scaling into multifamily deals. He also discusses the process of vertically integrating via in-house property management, why he finds himself saying No more and more often, and how his firm has created $10 million in value on multifamily deals in just one year.

Sponsors:

Altra Running

Apartments.com

Joe Pizzurro, managing director of Breakchain Capital, joins host Joe Cornwell on the Best Ever CRE Show. In this episode, Joe discusses the self-storage industry in 2024, including how interest rate hikes pushed him from multifamily to self storage, the value-add strategies his team deploys, and why he now stays away from lead-up deals. He also explains how the seller financing structure on his most recent acquisition made the deal possible.

Sponsors:

Altra Running

Apartments.com

Section 8 investor Mike Curadossi joins host Slocomb Reed on the Best Ever CRE Show. In this episode, Mike dives into what it’s really like managing Section 8 properties, including the secrets and strategies to maximize cash flow, the biggest challenges that come with Section 8 tenants, and why placing tenants is the single most important part of the Section 8 process.

Sponsors:

Altra Running

Apartments.com

Brian Levredge, owner of First Property Management, joins hosts Ash Patel and Amanda Crusie on the Best Ever CRE Show. He invests in a variety of asset classes, including industrial and flex, office, multifamily, and more.

In this episode, Brian and our hosts nerd out on suburban office, discussing why it’s one of the most overlooked opportunities in commercial real estate today. He also discusses the headaches of managing multi-tenant office buildings, his criteria and how he evaluates office deals, and why the work-from-home movement is beginning to shift.

Sponsors:

Altra Running

Apartments.com

Jonah Bamberger, managing partner and executive chairman of Aulder Capital, joins host Joe Cornwell on the Best Ever CRE Show. Aulder Capital has done over 60 acquisitions totaling more than $1 billion, and in this episode, Jonah discusses investing in Brooklyn and along the I-95 corridor, the active development deals currently working on — including building New York’s only Miami-style beach club — and the challenges of investing in rest-stabilized neighborhoods in NYC.

Jonah Bamberger | Real Estate Background

• Aulder Capital
• Portfolio:
  • 60 acquisitions with 20 realizations valued at over $1 billion.
• Based in: New York City, NY
• Say hi to him at:
  • LinkedIn
• Best Ever Book: Lonesome Dove by Larry McMurtry
• Greatest Lesson: Work hard, be kind, and good things will happen

Sponsors:

Altra Running

Apartments.com

Zihao Wang, CEO at Motiva Holdings, discusses their value-add multifamily investment strategy and portfolio growth. They focus on both Southern California and other markets such as the Texas Triangle and the Midwest. In Southern California, they target two types of value-add plays: properties with mom and pop owners who haven't raised rents due to rent control, and properties with sophisticated operators who have already added value but still have rental upside. Zihao explains how rent control affects their strategies and the challenges of re-tenanting properties. He also discusses their capital raising approach, return projections, and the benefits of investing in different markets.

Zihao Wang | Real Estate Background

• CEO at Motiva Holdings
• Portfolio:
  • 34 projects ; 1663 units ; ~$0.5B capitalization
• Based in: Commerce, CA
• Say hi to him at:
  • LinkedIn
  • www.motivaholdings.com
• Best Ever Book: Rich Dad, Poor Dad - Robert Kiyosaki
• Greatest Lesson: Never stop learning. The scariest thing in our fast-moving world is that you don't know what you don't know.

Sponsors:

Altra Running

Apartments.com

In this episode of Next Level CRE on the Best Ever Show, creative finance legend Pace Morby joins host Matt Faircloth to explain how investors can use subject to, seller financing, and other creative strategies to acquire properties at low interest rates and without using a bank.

Pace discusses his start in real estate, including how a Ponzi scheme forced him to basically start over, and how he built a thriving real estate empire through creative finance. He also shares how he overcomes seller objections when discussing creative finance strategies that most sellers don’t understand, how his unique understanding of amortization and tax benefits allows him to negotiate low interest rates via seller financing, and how he acquired two RV parks with creative finance.

Pace Morby | Real Estate Background

• Owner of SubTo, professional real estate investor, and business entrepreneur
• Portfolio:
  • 1,500 multifamily doors
  • 300 single-family doors
• Based in: Arizona
• Say hi to him at:
  • subto.com
  • YouTube
• Best Ever Book: My Side of the Mountain by Jean Craighead George
• Greatest Lesson: I should have started earlier and surrounded myself with people who had portfolios and lives that I wanted.

Sponsors:

Altra Running

Apartments.com

Matt Faircloth introduces himself as the host of a new segment, "Next Level CRE," on the Best Ever CRE Show, where he focuses on delivering actionable advice to real estate investors. He emphasizes learning from mistakes and being open to growth. Joined by Herve Francois, a former Wall Street professional turned real estate investor, they discuss key challenges like managing portfolios, finding suitable deals, and navigating financing. They stress the importance of focusing on a single real estate market, understanding it deeply, and leveraging creativity and marketing to overcome obstacles.

Sponsors:

Altra Running

Apartments.com

Ray Hightower, a managing partner of ROI Clear, shares his real estate investing journey and insights. He discusses his transition from running a tech company to investing in real estate syndications. Ray emphasizes the importance of building equity and creating lasting value through real estate investments. He also highlights the significance of building relationships with brokers, partners, and other professionals in the industry. Ray shares lessons learned from deals that didn't go as planned, including the importance of evaluating financing options and selecting the right property management team. He advises listeners to protect their downside and build relationships with key stakeholders in the real estate business.

Ray Hightower | Real Estate Background

• ROIClear
• Portfolio:
  • GP in 268 units of multifamily properties
• Based in: Phoenix, AZ
• Say hi to him at:
  • www.ROIClear.com
  • www.RayHightower.com

Sponsors:

Altra Running

Apartments.com

Eric Chadderdon, founder and managing partner of Gibby's Capital Investments, discusses the changes in the multifamily real estate market in Texas over the past few years. He talks about the challenges of rising property insurance costs and the impact of new multifamily developments hitting the market at the same time. Eric shares how his investment criteria have changed, focusing on B+ and A- assets in newer markets. He also emphasizes the importance of building relationships with brokers in multiple markets and being open to new opportunities.

Sponsors:

Altra Running

Apartments.com

Judd Dunning, President of DWG Capital Partners, discusses his experience in the real estate industry, particularly in industrial single-tenant sale-leasebacks and value-add properties. He shares insights on the current state of the industrial real estate market and the opportunities it presents. He discusses the risks involved and how his company mitigates them through proper due diligence, reserves, and active management. Judd also touches on his involvement in multifamily deals and the importance of having an active sponsor.

Judd Dunning | Real Estate Background

• DWG Capital Partners
• Portfolio:
  • $60M+ AUM, 700,000+ SF of all industrial NNN sale-leasebacks, and one industrial add-value property in under 2 years.
• Based in: Los Angeles CA and Fort Worth TX
• Say hi to him at:
  • dwgcapitalpartners.com
  • LinkedIn

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Randy Langenderfer, President of Invest Arc Properties, shares his experience in real estate investing and discusses his current focus on single-family development. He talks about the advantages of starting with single-family homes, such as building contractor relationships and getting in good graces with the city for future multifamily projects. Randy also discusses the challenges of dealing with variable rate debt and the potential impact of rising interest rates on the market. He provides advice for both passive investors and those looking to enter the multifamily syndication space.

Jennings Smith shares his journey from being a contractor to becoming a successful real estate investor. He started in single-family homes and eventually transitioned to multifamily properties. Jennings emphasizes the importance of shifting your mindset and identity to that of a real estate investor. He also discusses the criteria he looks for in markets, including population growth and stability. Jennings shares a specific deal where he was able to negotiate a lower insurance premium and increase the property's cash flow. He also talks about structuring deals with investors and the importance of building a network and surrounding yourself with like-minded individuals.

Jennings Smith | Real Estate Background

• The Deal Room
• Portfolio:
  • 1280 Multifamily Units, 500 Self Storage Units
• Based in: Charleston SC
• Say hi to him at:
  • www.jenningssmithjr.com

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

In this conversation, Sam Wilson discusses his decision to scale back his real estate portfolio for lifestyle reasons. He shares his background and the journey that led him to prioritize fulfillment and personal satisfaction over growth and expansion. Sam talks about finding fulfillment in real estate investing by focusing on assets that have outsized returns without requiring excessive time and resources. He also discusses his unique approach to laundromats and how he combines the needs of others with his own gifts to bring value to the world. Sam offers advice on prioritizing and acting on what truly matters to achieve a more fulfilling life.

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Neal Bawa discusses the changes in the syndication industry over the past 18 months and how his business has adapted. He highlights the use of preferential equity as a great opportunity for investors, offering better returns and lower risk compared to traditional equity investments. He also explains the concept of preferential equity and how it can be used to refinance properties and stabilize cash flow. Bawa emphasizes the importance of risk mitigation and the need to find good preferential equity deals.

Neal Bawa | Real Estate Background

• Grocapitus, Mission10k & Multifamily University
• Portfolio:
  • $660 Million value of projects
• Based in: Fremont, CA
• Say hi to him at:
  • www.grocapitus.com
  • LinkedIn
  • Facebook

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Richard and Brad Simtob, partners of Simtob Management and Investment, discuss their experience in real estate investing and property management. They share their journey from starting with an 11-unit building to owning over 1,000 multifamily units. They emphasize the importance of implementing the Entrepreneur Operating System (EOS) in their company and how it has helped them with planning, goal-setting, and leadership development. They also discuss their approach to resident screening and the lessons they have learned from managing C-class properties. Additionally, they highlight the significance of building a strong team and the challenges and benefits of working with family.

Richard Simtob | Real Estate Background

• Simtob Management & Investment
• Portfolio:
  • Retail centers and 1000 MF units in two cities
• Based in: West Bloomfield MI
• Say hi to him at:
  • Simtob.com

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Aman Singh, the managing partner of Victory Multifamily, shares his background in multifamily real estate and his journey from single-family homes to multifamily properties. He discusses the importance of being hands-on and involved in the day-to-day operations of the properties, including overseeing property management and expenses. Aman also talks about the business plan for his multifamily portfolio, which focuses on increasing NOI through unit upgrades, utility billbacks, and other income sources. He emphasizes the need for solid debt structures and proper systems and processes to ensure the success of the business plan. Aman also addresses the challenges of increasing payroll expenses and shares strategies for mitigating those costs.

Aman Singh | Real Estate Background

• Victory Multifamily
• Portfolio:
  • GP 505 Units, 86 SFH Section 8 Housing
• Based in:  Dallas, TX
• Say hi to him at:
  • LinkedIn

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Jason Malabute, an apartment syndicator and CPA, shares his journey into real estate investing and the challenges he faced in the accounting side of the business. He discusses the importance of finding the right partners and the difficulties in raising capital for syndication deals. Jason also highlights the benefits of investing in the Atlanta market, including population growth and diverse industries. He emphasizes the significance of quality accounting in real estate investing and the need for proper bookkeeping systems.

Jason Malabute | Real Estate Background

• Malabute and Company, CPAs
• Based in: Los Angeles, CA
• Say hi to him at:
  • LinkedIn

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Walter Johns, owner of CWJ Investment Group LLC, shares his journey in real estate investing and the lessons he has learned over the past 14 years. He started with single-family homes and mobile homes, but realized he needed a passive income strategy to grow his wealth. He transitioned to investing in multifamily syndications and has seen great returns. Walt also discusses his latest project, a subdivision strategy where he is building and selling 96 new homes. He emphasizes the importance of vetting general partnership teams and understanding the exit strategy. Walt advises investors to be intentional about their finances and to invest in their education.

Walter Johns | Real Estate Background

• CWJ Investsments Group LLC
• Based in: Boise, Idaho
• Say hi to him at:
  • www.cwjinvestmentsgroup.com
  • Facebook

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Ken Gee, the managing member of KRI Partners, shares his insights on real estate investing and the current market. He discusses the advantages of raising capital in funds rather than on a deal-by-deal basis, emphasizing the importance of trust and transparency. Ken also talks about the current market cycle and predicts that interest rates will come down, leading to an increase in the volume of deals. He advises investors to stay disciplined and underwrite real numbers, focusing on properties with upside potential. Ken concludes by highlighting the indicators of a market shift, such as the comparison between the cost of debt and cap rates, the number of offers brokers receive, and the availability of bridge financing.

Ken Gee | Real Estate Background

• KRI Partners
• Based in: Cleveland, Tampa, Miami
• Say hi to him at:
  • www.kripartners.com/education

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Amanda Cruise and Ash Patel interview DA Wilson, a tax attorney specializing in real estate transactions. They discuss the importance of proactive tax planning and structuring transactions to maximize take-home dollars. They also cover common tax mistakes made by real estate professionals and the benefits of tax incentives such as 1031 exchanges and capital gains treatment. DA Wilson emphasizes the need for both a tax attorney and a CPA when dealing with audits and disputes with the IRS. He also highlights the importance of asset protection and estate planning for growing real estate businesses.

D.A. Wilson | Real Estate Background

• The Wilson Firm, LLC
• Based in: Douglasville, Georgia
• Say hi to him at:
  • www.wilsonfirmatlanta.com
  • LinkedIn
  • Instagram

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Max Gonzales, the managing principal of Geometric RE, shares his background in real estate investing and discusses the importance of understanding the larger capital structuring of deals. He emphasizes the need for a team approach in larger acquisitions and highlights the Feast or Famine nature of the real estate cycle. Max also discusses the impact of low interest rates on the market and the importance of assessing risk and reward when investing in different asset classes. He advises investors to focus on long-term, quality assets and to pay attention to the risk associated with high return deals. Max also discusses the challenges of investing in California and the importance of ease of management in real estate investments.

Max Gonzales | Real Estate Background

• GeometricRE
• Portfolio:
  • 4 multifamily assets and 4 STRs
• Based in: Newport Beach CA
• Say hi to him at:
  • www.realestatedadspodcast.com

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Zeona McIntyre, a realtor and investor, discusses her shift to creative financing in the real estate market due to rising interest rates. She explains that creative financing, such as subject-to deals and seller financing, allows investors to take advantage of lower interest rates and tax advantages. McIntyre emphasizes the importance of understanding the tax loopholes and advantages for short-term rentals, which can provide significant tax deductions. She also shares her experiences with partnerships and the lessons she learned from deals that didn't go as planned. McIntyre advises listeners to adapt their investing strategies and utilize resources like Facebook groups to find off-market deals.

Zeona McIntyre | Real Estate Background

• Bungalow Assets, LLC
• Based in: Boulder, CO
• Say hi to her at:
  • www.zeonamcintyre.com
  • Instagram
  • Facebook
  • Tiktok
  • LinkedIn
  • Scheduling Link

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Nate Whigham, President of EN Capital, joins Amanda Cruise and Ash Patel to discuss capital advisory work in commercial real estate. Nate shares his expertise in debt and equity placement, particularly in transitional deals that require structured finance. He explains the challenges and opportunities of placing capital in markets like Puerto Rico and the Caribbean. Nate also discusses the current investor sentiment and the types of deals that are attracting capital. He emphasizes the importance of timing and strategic deployment of capital in the current market cycle.

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Brian Ferguson, founder of Fergmar, focuses on value-add real estate, long-term holds, and cash flow. He addresses challenges in finding deals and hiring, while committing to veteran support and home ownership initiatives.

Brian Ferguson | Real Estate Background

• Fergmar
• Based in: Victoria, TX
• Say hi to him at:
  • LinkedIn
  • www.altunascapital.com
  • www.fergmar.com

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Slocomb Reed discusses who should self-manage multifamily portfolios, considering whether real estate is your primary income and your goals. He highlights the control and challenges of self-management and shares personal examples to illustrate its impact.

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Ash Patel, a commercial real estate investor, shares his journey and insights in this conversation. He stumbled upon commercial real estate after buying a mixed-use building and realizing the benefits of commercial tenants. He has since invested in various asset classes and focuses on high-value add deals. Ash discusses the current market conditions and the opportunities he sees, including the potential in office buildings in walkable suburbs. He emphasizes the importance of hiring and building a team to scale your business. Ash also shares lessons learned from Bad Deals and operational mistakes.

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Daniel Casey, CEO of North40 Capital, renovates C and D apartments in prime locations to compete with class A properties. He emphasizes affordable, high-quality housing and the advantages of being a local owner-operator.

Daniel Casey | Real Estate Background

• North40 Capital LLC
• Based in: Tacoma, WA
• Say hi to him at:
  • www.north40capital.com
  • Instagram

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Ian Cruz and Slocomb Reed discuss investing for long-term growth versus cashflow in real estate, focusing on 2024 multifamily opportunities, interest rates, and market volatility. They stress understanding market fundamentals and vetting operators.

Ian Cruz | Real Estate Background

• Partner, ELEV8 Capital
• Portfolio
  • STR, MTR, LTR, multifamily (Bay Area, CA and Cincinnati)
• Based in: San Jose, CA
• Say hi to him at:
  • Contact Information and Full Bio
  • LinkedIn
  • Instagram

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Anthemos Georgiades, co-founder and CEO of Zumper, discusses the value of digitizing the rental process and the importance of understanding the needs of both renters and landlords. Zumper serves as a lead generator for landlords, attracting millions of renters to their platform. They also provide data and insights to help landlords make informed decisions about pricing and property performance.

Anthemos Georgiades | Real Estate Background

•  Zumper
• Based in: Miami, FL
• Say hi to him at:
  • www.zumper.com
  • LinkedIn
  • X

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Katie Decker Erickson, a designer, highlights the importance of amenities like pet playgrounds, outdoor spaces, and communal areas to boost ROI. She advises using underutilized spaces creatively and understanding the target market.

Katie Decker-Erickson | Real Estate Background

• Color Works Design
• Worked on multifamily properties in over 20 states adding value and new design.
• Based in: Wenatchee, WA
• Say hi to her at:
  • www.colorworks.design
  • LinkedIn
  • Facebook
  • Instagram

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Joe Cornwell interviews Dejan Eskic, a senior research fellow and real estate economist, about the economy and housing. They discuss the challenges of housing affordability, the impact of zoning regulations, and potential solutions for the housing shortage. They also touch on the demographic trends and the importance of understanding population composition.

Dejan Eskic | Real Estate Background

• Kem C. Gardner Policy Institute, Ivory Innovations
• Based in: Salt Lake City
• Say hi to him at:
  • LinkedIn
• Best Ever Book: How Soccer Explains the World: An Unlikely Theory of Globalization

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Rachael Jones, principal of Clover Capital Group, focuses on multifamily apartments. She highlights property management, incubator programs, quick decision-making, expert advice, and community involvement.

Rachael Jones | Real Estate Background

• Clover Captial Group
• Based in: Belmont, North Carolina
• Say hi to her at:
  • www.clovercapitalgroup.net
  • LinkedIn
• Best Ever Book: Poor Charlie's Almanack by Charlie Munger

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Jay Maranan, a capital raising expert, shares his experience in syndications, emphasizing trust, credibility, and networking. He highlights the importance of understanding the market and addressing investor concerns.

Jay Maranan | Real Estate Background

• Zen Coast Capital
• Portfolio:
  • 541 units (5 apartment buildings), 7 units (LTR/STR)
• Based in: San Francisco, CA
• Say hi to him at:
  • Instagram
• Best Ever Book: Think Again by Adam Grant

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Bradley Sumrok shares his challenging experiences with recent deals, emphasizing not selling unless necessary and the importance of vetting partners and having liquidity. He also highlights his mentorship program and charity work.

Bradley Sumrok | Real Estate Background

• Sumrok Multifamily Mentoring
• Portfolio:
  • 35 buildings totaling ~7,700 units
• Based in: Dallas TX
• Say hi to him at:
  • www.bradsumrok.com
• Best Ever Book: Rich Dad Poor Dad

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Ryan Hill, CEO of Phoenix Capital, focuses on custom deals in mobile home parks, infill, and rehab. He partners with park owners to fund and sell homes. His portfolio includes mobile home parks, RV parks, and a retail center. He emphasizes the importance of passion and grit in real estate investing.

Ryan Hill | Real Estate Background

• CEO Phoenix Financial, COO Suncrest Capital
• Portfolio:
  • 22 MHPs (~1300 spaces), 3 RV parks, 1 Retail Center (20,000 sq. ft.)
• Based in: Meridian ID
• Say hi to him at:
  • Facebook
  • LinkedIn
• Best Ever Book: Traction - Gino Wickman

Sponsors:

Viking Capital

Apartments.com

Hotel Shift

Nic Espanet, owner of Flex Equity Group, shares his experience as a passive investor and general partner in multifamily syndications. He emphasizes the importance of getting to know and trust the operators before investing, as well as thoroughly researching their track record. Nic also discusses the challenges he has faced in the current market, such as rising insurance and taxes.

Nic Espanet | Real Estate Background

• Flex Equity Group
• Portfolio:
  • +1,606 doors
• Based in:  Fort Worth, TX
• Say hi to him at:
  •  LinkedIn
  • www.nicespanet.com
• Best Ever Book: Rich Dad Poor Dad

Sponsors:

Viking Capital

Apartments.com

Hotel Shift

Mike Woodfield, owner of Obsidian Capital, advises focusing on good underwriting, conservative practices, and strong partnerships in multifamily real estate investing. He emphasizes fixed-rate debt and HUD loans.

Mike Woodfield | Real Estate Background

• Obsidian Capital
• Portfolio:
  • Total of 16 properties
• Based in: Austin, TX
• Say hi to him at:
  • www.obsidiancapitalco.com
• Best Ever Book: 12 Rules for Life by Jordan Peterson

Sponsors:

Viking Capital

Apartments.com

Hotel Shift

Grant Francke, a full-time real estate investor, shares his experience and insights on value-add small to midsize multifamily investing. He discusses his background, portfolio, and day-to-day responsibilities. Grant emphasizes the importance of treating people right and having a clear why in real estate investing.

Grant Francke | Real Estate Background

• Owner of GLF Properties
• Based in: Adams, NE
• Say hi to him at:
  • GrantFrancke.com
• Best Ever Book: The Unlikely Investor by Grant Francke

Sponsors:

Viking Capital

Apartments.com

Hotel Shift

Donato Callahan, acquisitions manager at CRE Capital, shares his background and journey in real estate investing. He discusses his role as an acquisitions manager and the challenges he faces in finding deals that meet specific criteria. Donato emphasizes the importance of building relationships with brokers and consistently looking at a large number of deals. He also talks about the changes in the real estate market over the years and the strategies his company employs.

AJ Klenk, Managing Partner of Catalyst Capital Partners, joins Slocomb Reed on the Best Real Estate Investing Advice Ever Show. AJ shares insights into the current multifamily market, including the impact of new construction projects on rent rates. He also talks about Catalyst's focus on the Southeast and the factors they consider when choosing markets for development.

AJ Klenk | Real Estate Background

• Catalyst Capital Partners, Built on Hospitality
• Based in: Charlotte, North Carolina
• Say hi to him at:
  • www.catalystcp.com
  • www.builtonhospitality.com
  • www.capstone-companies.com
  • LinkedIn
  • www.buildon.org
• Best Ever Book: Who Not How by Dan Sullivan

Sponsors:

Viking Capital

Apartments.com

Steve Arneson, CEO of Synergy Mastermind and the Reinvestors, discusses his experience in real estate investing and the challenges he has faced in the Canadian market. He shares how his business has evolved over the years, focusing on new construction development and managing existing properties.

Steve Arneson | Real Estate Background

• Synergy Mastermind & The REINVESTORS
• Based in: Victoria, BC
• Say hi to him at:
  • Instagram
  • www.synergymastermind.ca
• Best Ever Book: Seven Habits of Highly Effective People

Sponsors:

Viking Capital

Apartments.com

Craig McGrouther, Director of Business Development at Lone Star Capital, shares insights on value-add real estate and capital raising. He discusses the challenges of convincing investors to invest in value-add opportunities and the importance of communication in building trust.

Craig McGrouther | Real Estate Background

•  Lone Star Capital
• Portfolio
  • 4,000 units in TX
• Based in: NYC, NY
• Say hi to him at:
  • LinkedIn
• Best Ever Book: Rich Dad Poor Dad

Sponsors:

Viking Capital

Apartments.com

Jordan Alleva, a syndicator of multifamily, mobile home parks, and single-tenant net lease deals, discusses his investment strategies and the challenges he faces in the real estate market. He explains the benefits of investing in single-tenant net lease deals, such as stable cash flow and lower management requirements.

Jordan Alleva | Real Estate Background

• Co-Founder of Apex Equities
• Portfolio
  • 190+ units of multifamily and mobile home parks.
• Based in: Sacramento, CA
• Say hi to him at:
  • Apex-Equities.com
  • LinkedIn
  • Facebook
• Best Ever Book:  When Breath Becomes Air by Paul Kalanithi

Sponsors:

Viking Capital

Apartments.com

Brandon Cobb, a real estate developer, shares his experience in developing affordable entry-level housing communities. He discusses his strategy of acquiring land, rezoning it, and developing it for residential use. Brandon emphasizes the importance of building relationships with local municipalities and understanding their vision for the community.

Brandon Cobb | Real Estate Background

• HBG Capital
• Portfolio
  • Building 30 homes. Developing 74 homes sites. Rezoning mixed use project, Rezoning/entitling 300 land SFR units.
• Based in: Nashville, TN
  • Say hi to him at:
    • https://www.linkedin.com/in/hbgcapital/
    • www.HBGcapital.net
    • https://www.facebook.com/hbgcapital

Sponsors:

Viking Capital

Apartments.com

Kris Morin of Three Peaks Capital focuses on data-driven multifamily syndication in growth markets like Indiana for better cash flow. He advises investors to focus locally, build relationships, and understand challenges in blue states.

Kris Morin | Real Estate Background

• Three Peaks Capital
• Portfolio - 132 units under management (brand started two years ago):
  • 58 units in Fort Wayne, IN
  • 56 units in Evansville, IN
  • 18 units in Connecticut
• Based in: Enfield, Connecticut
• Say hi to him at:
  • LinkedIn
  • www.threepeakscap.com
  • www.podfol.io/profile/kristopher-morin
• Best Ever Book: Who Not How by Dan Sullivan

Sponsors:

Viking Capital

Apartments.com

Katie Decker-Erickson, a commercial and multifamily designer, stresses the importance of hiring a professional color consultant for real estate projects to enhance curb appeal. She highlights the role of color in differentiating properties and the need for cohesive palettes, considering the target market and location

Katie Decker-Erickson | Real Estate Background

• Color Works Design
• Worked on multifamily properties in over 20 states adding value and new design.
• Based in: Wenatchee, WA
• Say hi to her at:
  • www.colorworks.design
  • LinkedIn
  • Facebook
  • Instagram

Sponsors:

Viking Capital

Apartments.com

Steve Shropshire, owner of Aloha Green, envisions an agri-village in Hawaii with 200 affordable housing units, farmland, and community spaces. He emphasizes community and government support, and considers modular homes to reduce costs.

Steve Shropshire | Real Estate Background

• Aloha Green
• Portfolio
  • Industrial -38,000 sq ft Multi family Residential Agricultural lands
• Based in: Hollywood Florida
• Say hi to him at:
  • LinkedIn
• Best Ever Book: Growth Mindset by Carol S. Dweck

Sponsors:

Viking Capital

Apartments.com

John Wei, a California investor, started with a duplex in Atlanta and now focuses on value-add deals in Dallas. He emphasizes buying right, shares lessons learned, and highlights the importance of good partners and strong industry relationships.

John Wei | Real Estate Background

•  Astutequity Holdings, LLC.
• Portfolio
  • Approximately 700 units, actively managing 450 units
• Based in: Dallas Fort Worth Texas
• Say hi to him at:
  • www.astutequity.com

Sponsors:

Viking Capital

Apartments.com

The conversation revolves around the topic of Biden's 5% rent cap plan and its potential impact on the real estate market. They also explore the pros and cons of rent control and the broader issue of housing affordability. The conversation concludes with a discussion on potential solutions, such as increasing supply through new construction and government incentives.

Sponsors:

Viking Capital

Apartments.com

Alex Cartwright, principal of Hotel Shift, specializes in hotel-to-apartment conversions. He discusses the benefits, such as lower purchase prices, zoning challenges, and targeting affordable housing markets.

Alex Cartwright | Real Estate Background

• HotelSHIFT
• Portfolio
  • Multifamily Syndication & Hotel Conversion Properties
    • Approximately 24 multifamily units personally owned
    • 120-unit hotel-to-apartment conversion project
• Based in: Grand Rapids, Michigan
• Say hi to him at:
  • www.HotelSHIFT.capital
• Best Ever Book: Range by David Epstein

Sponsors:

Viking Capital

Apartments.com

Robert Preston, CEO of Climb Capital, focuses on RV parks, with a portfolio of 17 in the southeast. Despite decreased demand, higher rates keep revenue steady. He advises investors to be either fully passive or hands-on business owners

Robert Preston | Real Estate Background

• President of Dream Outdoor Resorts
• DLP Capital
• Portfolio
  • 13 Long Term RV Parks 4 RV Resorts 4 Apartment Complexes
• Based in: Pensacola, FL
• Say hi to him at:
  • LinkedIn
  • Instagram
  • Facebook
• Best Ever Book: The Bible

Sponsors:

Viking Capital

Apartments.com

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Ryan Narus, a mobile home park owner-operator, shares his journey and insights. He discusses his background, ownership structure, deals, and offers advice on scaling a business by prioritizing tasks, hiring the right people, and building systems.

Ryan Narus | Real Estate Background

• Archimedes Group
• Portfolio
  • 81 mobile home parks, 2 RV parks, 4,450 lots
• Based in: Charlotte, NC
• Say hi to him at:
  • www.archimedesgrp.com
• Best Ever Book: Five Habits of Highly Effective People by Steven Covey

Sponsors:

Viking Capital

Apartments.com

Karan Narang, CEO of Adventure Awaits Stays, is focusing on larger event properties like wedding venues. He emphasizes unique guest experiences, tax benefits, and properties with large acreage. Karan discusses revenue growth, valuation challenges, and expansion in Texas Hill Country, stressing the importance of a local team.

Karan Narang | Real Estate Background

• Adventure Awaits Stays
• Based in: Southlake, TX
• Say hi to him at:
  • www.aastays.com
  • www.vacationrentalmastery.com
  • LinkedIn
  • Spotify
• Best Ever Book: Who Not How by Dan Sullivan

Sponsors:

Viking Capital

Apartments.com

Dr. Alex Schloe co-owns residential assisted living facilities, leasing homes to operators who manage daily senior care. He focuses on finding operators, lease terms, retrofitting homes, and networking in real estate investing.

Dr. Alex Schloe | Real Estate Background

• Based in: Colorado Springs, Colorado
• Say hi to him at:
  • www.openrangeassistedliving.com
  • Instagram
  • LinkedIn
• Best Ever Book: Wild at Heart by John Eldredge

Sponsors:

Viking Capital

Apartments.com

Terry Burger, a real estate investor, manages a large lodge in North Georgia's mountains. He discusses acquiring and maintaining the property, its financial returns, and advises aspiring entrepreneurs to understand industry opportunities.

Terry Burger | Real Estate Background

• Nice Guys Buying Houses and Bison View Lodge
• Portfolio:
  • 8 rentals (mostly short/mid term), 20,000/sf hospitality lodge in North GA Mountains
• Based in: Raleigh, NC
• Say hi to him at:
  • Facebook

• Best Ever Book: "Investing in Retail Properties" by Gary Rappaport

Sponsors:

Viking Capital

Apartments.com

Brian Shafer, from a builder family, became a real estate investor and developer. He found success in Iowa's stable market during the 2008 crisis, transitioning from single-family rentals to multifamily properties.

Brian Shafer | Real Estate Background

• Prosper Real Estate Investments
• Portfolio:
  • Multifamily/ Commercial Industrial/ SFR Contracts
• Based in: Philo, Illinois
• Say hi to him at:
  • www.prosper-rei.com

• Best Ever Book: A Random Walk Down Wallstreet by Burton Malkiel

Sponsors:

Viking Capital

Apartments.com

Linda McKissack shares her journey from financial hardship to real estate success. She emphasizes quick action, courage, building a team, and leveraging expertise. Her advice: focus on long-term wealth and personal growth.

Linda McKissack | Real Estate Background

• Co-Founder at MadeForMore.com
• Portfolio:
  • Over 65 single-family rental properties around Dallas, Texas, 7 commercial buildings, and 32 nightly rental cabins in Branson, Missouri.
• Based in: Dallas, Texas
• Say hi to her at:
  • www.madeformore.com/go
  • Instagram
  • Facebook

• Best Ever Book: Who Not How by Dan Sullivan

Sponsors:

Ascent Equity Group

Viking Capital

Alpesh Parmar, founder of Wealth Matters, discusses his real estate journey from single-family homes to mobile home parks, retail centers, and senior housing. He emphasizes networking, taking action, and opportunities in resilient neighborhood strip malls.

Alpesh Parmar | Real Estate Background

• Money Tree Books
• Portfolio:
  • 9 properties
• Based in: San Francisco, CA
• Say hi to him at:
  • LinkedIn
  • Youtube
  • Instagram
  • Facebook

• Best Ever Book: The Go-giver by Bob Burg

Sponsors:

Ascent Equity Group

Viking Capital

Harley Green, president of Workergenics, went from computer engineer to real estate investor, expanding from house hacking to homes, rentals, and RV parks. He stresses networking, partnering, delegating, and clear goals. His advice: start now and seek mentorship.

Harley Green | Real Estate Background

• Workergenix
• Based in: Previously based in Chattanooga, TN
• Say hi to him at:
  • https://workergenix.com/bestever
  • Facebook
  • workergenix.com

• Best Ever Book: Traction: Get a Grip on Your Business by Gino Wickman

Sponsors:

Ascent Equity Group

Viking Capital

Ash Patel welcomes the newest co-host of the show Amanda Cruise. She is a real estate investor who moved from the defense industry to owning mobile home parks and warehouses. She stresses a supportive spouse, a fulfilling life, and the need for women in real estate.

Amanda Cruise | Real Estate Background

• Owner of Voyage Investing, which purchases value-add mobile home parks and commercial properties.
• Portfolio:
  • GP of:
    • Four mobile home parks (~100 lots) 
    • A five-unit retail/office center
• Based in: Raleigh, NC
• Say hi to her at:
  • voyageinvesting.com
  • Instagram

• Best Ever Book: Who Not How by Dan Sullivan

Sponsors:

Ascent Equity Group

Viking Capital

Pat Zingarella, CEO of Invest Clearly, explains how the platform helps limited partners (LPs) find and evaluate sponsors and deals using verified reviews and SEC data. It offers a transparent directory for reviews and sponsor engagement, aiding informed investment decisions.

Pat Zingarella | Real Estate Background

• CEO at Invest Clearly
• Based in: HQ in Maine
• Say hi to him at:
  • www.goinvestclearly.com
  • LinkedIn
  • Instagram
• Best Ever Book: The Power of One More by Ed Mylett

Sponsors:

Ascent Equity Group

Viking Capital

Eric Martel, owner of Martel Turnkey, helps investors buy, renovate, tenant, and resell distressed properties.

Eric Martel | Real Estate Background

• MartelTurnkey and FlipSystem
• Based in: San Carlos, CA
• Say hi to him at:
  • LinkedIn

Sponsors:

Ascent Equity Group

Viking Capital

Melanie McDaniel, fund manager of Freedom Freestyle Capital Group, shares her nomadic investing journey, focusing on lifestyle freedom, fulfillment, and relationships. She and Joe Cornwell discuss intuition, manifestation, focus, and balancing passions and values.

Melanie McDaniel | Real Estate Background

• Freestyle Capital Group and Freestyle Fund
• Based in: Austin, TX
• Portfolio: 3.5M AUM in the fund and six industrial, one assisted living, and one multifamily deal as Co-GP.
• Say hi to him at:
  • Instagram
  • LinkedIn
  • www.freestylecapitalgroup.com
• Best Ever Book: The Power of Now by Eckhart Tolle

Sponsors:

Apartments.com

Ascent Equity Group

Eric Rice, CEO of Rice Pegger Capital, specializes in mixed-use and multifamily properties. He emphasizes the stability of mixed-use buildings and shares his journey in the industry. Eric highlights the challenges of scaling and attracting investors, stressing the importance of networking, education, and taking action.

Eric Rice | Real Estate Background

• Rice Pegher Capital
• Based in:  Pittsburgh, PA
• Portfolio: 220 Units
• Say hi to him at:
  • ricepegher.com
  • Instagram
• Best Ever Book: Rich Dad Poor Dad by Robert Kiyosaki

Sponsors:

Apartments.com

Ascent Equity Group