Best Real Estate Investing Advice Ever

In a recent article, an anonymous writer tells us how he achieved financial independence through passive investing. Today we’re talking about the FIRE movement and what it truly means to be financially free. Theo Hicks & Travis Watts go in depth on the 4 levels of FIRE, as well as 4 steps to get started and succeed with the FIRE movement. 


Click here to know more about our sponsors RealEstateAccounting.co & ThinkMultifamily.com/coaching

Direct download: JF_2494_Actively_Passive_Investing_Show_48.mp3
Category:general -- posted at: 7:00am EDT

Today we’re talking to Chris Cammack, a new investor who has already built a portfolio of 47 rentals under 2 years. Chris gives us a unique perspective on the benefits of working a corporate job, and how you can use the systems and process towards your real estate career. We learn about how he acquired so many properties so quickly, and his secrets for finding private investors. 

Chris Cammack Real Estate Background:

  • Full-time Account Manager 
  • 2 years of real estate experience
  • Has completed 75 flips and wholesale deals
  • Current portfolio consist of 47 rentals
  • Based in Fort Wayne, IN
  • Say hi to him at: www.cammackestates.com 
  • Best Ever Book: It’s All in Your Head

 

Click here to know more about our sponsors RealEstateAccounting.co & ThinkMultifamily.com/coaching

Direct download: JF_2492_Chris_Cammack.mp3
Category:general -- posted at: 7:00am EDT

After accidentally making $30k on his first deal, Lee Kearney was immediately hooked and started researching his next investment. However, when 2007 hit, he realized the market wasn’t the problem and he started working on a new strategy. Lee discusses his strategy in-depth and how he came back from a $2M loss, what to look out for in the current market, and his biggest takeaways from working with a hedge fund. 

 

Lee Kearney Real Estate Background:

  • CEO of Southeast Property Investments Network (SPIN) & Real Advisors
  • 16 years of real estate investing experience
  • 7,000 single family houses flipped
  • Based in Tampa, FL
  • Say hi to him at: http://www.spincompanies.com/
  • Best Ever Book: Traction


Click here to know more about our sponsors RealEstateAccounting.co & ThinkMultifamily.com/coaching

Direct download: JF_2491_Lee_Kearney.mp3
Category:general -- posted at: 7:00am EDT

Today we’re talking to 3 best selling authors about honing in on your negotiating skills to win any real estate deal. Chris Voss, former FBI negotiator, gives us his #1 strategy he uses in negotiations and how that applies to real estate. J Scott discusses the importance of building rapport, and how to get others to like and trust you. Lastly, Oren Klaff tells us his best tool for proper negotiation and describes how to be the most compelling person in a negotiation. 

Chris Voss

  • FBI hostage negotiator for 24 years
  • Best selling author, Never Split the Difference
  • Founder of the Black Swan Group, firm solves business communication problems with hostage negotiation strategies
  • Based in Los Angeles, CA
  • Say hi to him at http://blackswanltd.com/
  • Episode #1244

J Scott

Oren Klaff

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Direct download: JF_2490_Best_Of_Best_Ever_5_.mp3
Category:general -- posted at: 7:00am EDT

Mark Kappelman, Co-Founder of RealEstateAccounting.co, is well versed in multifamily investing and syndications, as well as the back end accounting world. Focusing 100% on the real estate industry, Mark discusses the types of investors that could benefit from outsourcing their accounting, and how to balance expensing vs. capitalizing. Mark and Joe also talk about real-life scenarios where outsourcing accounting services could have caught fraudulent activity.

 

Mark Kappelman Real Estate Background: 

  • Co-Founder RealEstateAccounting.co
  • 8 years experience
  • He’s a CPA as well 
  • Rehabbed and now own multiple multi-family properties (BRRR strategy) - approx 40 units as of today
  • Syndicated (from private investors) on nearly all deals so understands the financing side of things well
  • Say hi to him at: https://www.realestateaccounting.co/


Click here to know more about our sponsors RealEstateAccounting.co & ThinkMultifamily.com/coaching

Direct download: JF_2489_Mark_Kappelman_.mp3
Category:general -- posted at: 7:00am EDT

Managing Attorney, Brian Boyd, started representing contractors at his practice when he decided to look into it further. Now, he’s looking for new investing deals daily. Brian talks about the potential tax changes this year as it relates to real estate investors, and things you should be doing now to avoid litigation. 

 

Brian Boyd Real Estate Background:

  • Owner and managing attorney of Boyd and Will’s Legal
  • Lawyer working on commercial litigation, real estate litigation, business advisement, and tax resolution
  • Portfolio consist of 17 properties, and 24 doors
  • Based in Franklin, TN
  • Say hi to him at: https://www.boydlegal.co/
  • Best Ever Book: Rich Dad Poor Dad

Click here to know more about our sponsors RealEstateAccounting.co & ThinkMultifamily.com/coaching

Direct download: JF_2488_Brian_Boyd.mp3
Category:general -- posted at: 7:00am EDT

Ever wonder what happens next after investing in a real estate syndication? Theo Hicks & Travis Watts talk in detail about what to expect from your sponsors monthly and quarterly after investing, the key items to look out for, and what tools to use to truly have the financial freedom of a passive investor. 

Best Ever Quote: “Do what you love, and outsource the rest.” -Travis Watts 


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Direct download: JF_2487_Actively_Passive_Investing_Show_47.mp3
Category:general -- posted at: 7:00am EDT

Today, Theo analyzes the May 2021 National Rent Data Report published by Apartment List. He breaks down the record-breaking growth we’ve seen in the past few months, how the markets are performing versus pre-pandemic projections, and which markets continue to boom through pandemic recovery. 

To listen to other Syndication School series about the “How To’s” of apartment syndications and to download your FREE document, visit SyndicationSchool.com. Thank you for listening and I will talk to you tomorrow. 

Click here to know more about our sponsors RealEstateAccounting.co & ThinkMultifamily.com/coaching

Direct download: JF_2486_SS_197_Series_131.mp3
Category:general -- posted at: 7:00am EDT

Michael Morawski’s seemingly normal life was turned upside down the day he was charged with fraud charges. After ignoring some red flags of those around him, he ended up making business moves that he later found out were unlawful. Tune in to find out how overscaling, overpaying, and overleveraging landed him in prison, what he learned in those 7.5 years, and how he’s scaling his business now.

Michael Morawski Real Estate Background:

  • Coaching and Training businesses in the multifamily investor space
  • 30 years of real estate experience
  • Has previously raised $18MM, acquired $60MM in assets 4,000 apartments in 5 states & managed 7,500 units
  • Based in Chicago, IL
  • Say hi to him at: www.mycoreintentions.com
  • Best Ever Book: The Millionaire Real Estate Investor

Click here to know more about our sponsors RealEstateAccounting.co & ThinkMultifamily.com/coaching

Direct download: JF_2485_Michael_Morawski.mp3
Category:general -- posted at: 7:08pm EDT

When Mark Stubler realized he didn’t have full autonomy in his current position, he went full force into entrepreneurship. He talks about how he finds distressed deals, as well as his acquisition approach. Mark emphasizes his customer-minded focus on finding out his clients’ true needs to provide them real value, while still making great returns.

Mark Stubler Real Estate Background:

  • Founder of Joe Homebuyer
  • 5 years of experience
  • Portfolio consist of 100+ flips, & 500+ transactions (wholesale, flip, wholetails)
  • Based in South Jordan, UT
  • Say hi to him at: https://joehomebuyer.com/ 
  • Best Ever Book: The Rhythm of Life

 

Click here to know more about our sponsors RealEstateAccounting.co & ThinkMultifamily.com/coaching

Direct download: JF_2484_Mark_Stubler_.mp3
Category:general -- posted at: 7:00am EDT

In this episode of “Best of Best Ever” we talk to three ex-pro athletes from the NFL and the NBA. Carl Banks  talks about his biggest business flop, what he took away from that, and his best advice for entrepreneurs. Marvin Washington  gives us practical tips for planning ahead, forming successful habits, and self-reflecting for constant improvement. Lastly, Jay Williams tells us the benefits of creating your own group of board members for accountability and feedback, as well as the importance of reinventing ourselves consistently.

Carl Banks

  • NFL
  • Founded G-III over two decades ago, and responsible for bringing back the iconic starter satin jacket
  • The Carl Banks Foundation - raises money for a variety of causes, most notably autism research
  • Episode #1206

Marvin Washington

  • NFL
  • Crusader for the healing power of cannabis and getting the league to consider the benefits
  • Involved in a hemp-derived CBD product company, Isodiol, where he leads the promotion of their IsoSport line.
  • Episode #1196

Jay Williams

  • NBA
  • Multi-talented ESPN college basketball analyst and motivational speaker
  • Turned a life-altering motorcycle accident into an opportunity to reinvent himself
  • Episode #1169

 


Click here to know more about our sponsors RealEstateAccounting.co & ThinkMultifamily.com/coaching

Direct download: JF_2483_Best_of_Best_Ever_4_.mp3
Category:general -- posted at: 7:00am EDT

After buying his first triplex in 2019, Antonio Cucciniello was hooked in the real estate world. In this episode, Antonio and Theo Hicks discuss why it took him so long to jump in and invest, how he grew his business with TikTok through the pandemic, and the 6-step process he teaches to get started faster. 

Antonio Cucciniello  Real Estate Background:

  • Senior Software Engineer on the innovation team at Kinesso
  • 1 year of real estate experience
  • Portfolio consist of 3 rentals, 7 units; 2 duplexes and a triplex
  • Based in Austin, TX
  • Say hi to him at: Investarters  https://www.youtube.com/channel/UCW_ya0_tg51lnj7VVvfJuXw 
  • TikTok @investarters
  • Best Ever Book: Raising Private Capital

 

Click here to know more about our sponsors RealEstateAccounting.co & ThinkMultifamily.com/coaching

Direct download: JF_2482_Antonio_Cucciniello.mp3
Category:general -- posted at: 7:00am EDT

Steve Olson got his start in real estate while still in college, and he never looked back. In this episode, Theo Hicks talks with Steve about the pros of investing in built-to-rent fourplexes. Steve gives us an inside look at the fourplex business model, advantages of fourplexes vs. other real estate investments, and how they ensure they’ll be offering a great deal to their investors. 

Steve Olson Real Estate Background:

  • Director of sales for Fourplex Investment Group (FIG)
  • 17 years of real estate investing experience
  • FIG Portfolio consist of 4000+ units 
  • Based in Salt Lake City, UT
  • Say hi to him at: www.fig.us 
  • Best Ever Book: What it Takes

Click here to know more about our sponsors RealEstateAccounting.co & ThinkMultifamily.com/coaching

Direct download: JF_2481_Steve_Olson.mp3
Category:general -- posted at: 7:00am EDT

Today we’re covering how to make investing simple in just 4 steps, with Theo Hicks and Travis Watts. Theo and Travis talk about the real reasons why you’re not meeting your goals, and how to overcome the “analysis paralysis”. They break down the step-by-step process to help you move the needle forward and take action. 

Click here to know more about our sponsors RealEstateAccounting.co & ThinkMultifamily.com/coaching

Direct download: JF_2480_Actively_Passive_Investing_Show_46.mp3
Category:general -- posted at: 7:00am EDT

In this episode Theo analyzes the Post Pandemic Investment Report by Marcus & Millichap. Tune in to learn about future, post-pandemic trends for commercial real estate as a whole, as well as each individual asset class. 

https://www.marcusmillichap.com/research/special-report/2021/05/post-pandemic-investment-trends-special-report

To listen to other Syndication School series about the “How To’s” of apartment syndications and to download your FREE document, visit SyndicationSchool.com. Thank you for listening and I will talk to you tomorrow. 

Click here to know more about our sponsors RealEstateAccounting.co & ThinkMultifamily.com/coaching

Direct download: JF_2479_SS_196_Series_130.mp3
Category:general -- posted at: 7:00am EDT

Jumping full-time into real estate right out of college, Rob Mehta’s first move was house hacking. After founding two companies and surviving the 2006 housing crash, Mehta went on to make his biggest deal to date. Tune in to hear a broker’s perspective on rebuilding after the market crash, some similarities, and one major difference he sees in today’s housing environment. 

Rob Mehta Real Estate Background:

  • Full-time real estate investor
  • 10 years of experience
  • Portfolio consist of multifamily apartments
  • Based in Miami, FL
  • Say hi to him at: www.robmehtapartners.com

Click here to know more about our sponsors RealEstateAccounting.co

ThinkMultifamily.com/coaching

Direct download: JF_2478_Rob_Mehta.mp3
Category:general -- posted at: 7:00am EDT

After spending 12 years as a management consultant and forming a circle of mentors, Kent decided it was time to start investing in real estate. Starting out as a passive and then active investor, he grew his career by building a portfolio of assets. Learn about how he got people to invest with him while he had little real estate experience, and how he built his portfolio of 440 doors in 3 states in just 5 years. 

Kent Ritter Real Estate Background:

  • Managing Director at the multifamily private equity firm Birge & Held Asset Management
  • 5 years of real estate experience
  • Portfolio consist of 440 doors in 3 states
  • Based in Indianapolis, IN
  • Say hi to him at: www.kentritter.com 
  • Best Ever Book: Think Again

 

 

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ThinkMultifamily.com/coaching

Direct download: JF_2477_Kent_Ritter_.mp3
Category:general -- posted at: 7:20am EDT

In this episode of Best of the Best Ever, we hear three perspectives on growing your website traffic and conversion rates from Neil Patel, Chris Dayley, and Melissa Johnson. Neil focuses on increasing traffic and conversions by SEO, keyword best practices, and avoiding the #1 mistake people make when building a website. Chris discusses what his company looks for in a strong website and how to minimize your resistance factors to increase your conversions. Lastly, Melissa discusses how she creates and promotes content to drive traffic to her website.

Neil Patel Background:

  • Marketing and online expert 
  • Top Influencer on the Web (Wall Street Journal)
  • Top 10 Online Marketer (Forbes)
  • 100 Most Brilliant Companies in the World (Entrepreneur Magazine)
  • Top 100 Entrepreneur (President Obama)

Chris Dayley Background:

  • VP of site testing and optimization at Disruptive Advertising
  • Started his agency, Dayley Conversion in 2014 that merged with Disruptive Advertising
  • Helps businesses learn what users want on their website, through psychology based testing, and analytics

Melissa Johnson Background:

  • Full time real estate investor, and the Co-Founder of San Antonio InvestHer meetup group
  • 17 years of real estate experience
  • She has completed over 1000 flips, and has a portfolio of rental properties and notes

Click here to know more about our sponsors RealEstateAccounting.co

ThinkMultifamily.com/coaching

Direct download: JF_2476_Best_of_Best_Ever_3.mp3
Category:general -- posted at: 7:00am EDT

In this episode, Scott Meyers talks about his journey through self storage investing. What started as single family rentals quickly turned into self storage for less hassle and more freedom. He discusses the market, underwriting tips, and his secrets for adding value.

Scott Meyers Real Estate Background:

  • Full time real estate investor for 3 years
  • Portfolio consist of $160 Million in Assets under management - 13,000 self storage doors, 2.2M Square feet in 39 facilities nationwide
  • Based in Indianapolis, IN
  • Say hi to him at: www.selfstorageinvesting.com 
  • Best Ever Book: Traction

Click here to know more about our sponsors RealEstateAccounting.co

ThinkMultifamily.com/coaching 

Direct download: JF_2475_Scott_Meyers.mp3
Category:general -- posted at: 7:00am EDT

Austin is the owner of Glanzair Properties and 717 Home Buyers. He began his real estate investing journey 3 years ago when he bought his first triplex. Austin talks about how he made his full-time real estate investing goals a reality by living below his means and making his money work for him, instead of constantly working for his money. 

Austin Glanzer Real Estate Background:

  • Full time real estate investor for 3 years
  • Portfolio consists of 20 wholesales, 4 flips, and 2 house hacks
  • Based in Lancaster, PA
  • Say hi to him at: www.realestatejumpstart.com
  • Best Ever Book: Rich Dad, Poor Dad

 

Click here to know more about our sponsors RealEstateAccounting.co

thinkmultifamily.com/coaching

Direct download: JF_2474_Austin_Glanzer.mp3
Category:general -- posted at: 7:00am EDT

Travis and Theo talk about how to find professional mentors and decipher if they’re right for you by listing 3 consistent themes of a good mentor. They discuss the potential downside of selecting the wrong mentor and what an incorrect mentor may look like. 


Best Ever Tweet:

"Books are great, but people are better” -Travis Watts

 

Click here to know more about our sponsors RealEstateAccounting.co

thinkmultifamily.com/coaching 

 

 

Direct download: JF_2473_Actively_Passive_Investing_Show_45.mp3
Category:general -- posted at: 7:00am EDT

In this episode, Theo breaks down the results of the CBRE Americas Intentions Survey. Theo talks about the 9 main takeaways from the survey as we look into what is currently happening in commercial real estate as well as potential future trends. 

To listen to other Syndication School series about the “How To’s” of apartment syndications and to download your FREE document, visit SyndicationSchool.com. Thank you for listening and I will talk to you tomorrow.

 

Click here to know more about our sponsors RealEstateAccounting.co

thinkmultifamily.com/coaching 

Direct download: JF_2472_SS_195_Series_129.mp3
Category:general -- posted at: 7:00am EDT

Coming from an online poker career to asking friends and family for funding for a syndication deal, getting creative is nothing new for Dan Odabashian. Dan learned to leverage relationships and go from traditional thinking to looking into alternative asset classes, trying to scale from day 1. He explains how an RV park and campground doubles the cash flow of a mobile home park and how he turned a historic old brewery into a 75-unit luxury apartment community.

Dan Odabashian Real Estate Background:

  • Full-time real estate investor
  • 10 years of real estate experience
  • Portfolio ranges from small multi-units to large substantial development projects
  • Based in Albany, NY
  • Say hi to him at: dan@newscotlanddevelopment.com
  • Best Ever Book: Raising Capital For Real Estate

 Click here to know more about our sponsors RealEstateAccounting.co

thinkmultifamily.com/coaching 

Direct download: JF_2471_Dan_Odabashian_.mp3
Category:general -- posted at: 7:00am EDT

John McNellis started as a journalism major headed to law school because he did not know what else to do. While practicing business law, he was drawn to business operations and shifted to become a developer. At 29 he started shopping center development and now has over 80 projects in development. More than half of those projects are complete tear-down and renovations. Listen in to hear his advice on the need to specialize in shopping centers, start with tenants, and how to avoid over-leveraging.

John McNellis Real Estate Background:

  • Partner at McNellis Partners
  • Very active in CREI for 40 years
  • Portfolio consists of 80+ projects
  • Based in Palo Alto, CA
  • Say hi to him at: https://mcnellis.com/
  • Best Ever Book: Psychology of Money

 Click here to know more about our sponsors RealEstateAccounting.co

thinkmultifamily.com/coaching 

Direct download: JF_2470_John_McNellis.mp3
Category:general -- posted at: 7:00am EDT

Mike Zlotnik was tired of the rat race in IT and followed his love for real estate full time in 2009. Since then, he has worked as a fund manager, providing his passion, financial acumen, and resourcefulness to his business and coaching clients. Mik discusses the results of COVID-19 and opportunities that have risen in real estate investing. He also speaks about the referral chain that is necessary when you are deciding how active or passive you want to be and with whom.

Mike Zlotnik Real Estate Background:

  • CEO of TF Management Group LLC, fund management company
  • Investor since 2000
  • Manages over $34M AUM
  • Based in Brooklyn, NY
  • Say hi to him at: www.BigMikeFund.com

Click here to know more about our sponsors RealEstateAccounting.co

ThinkMultifamily.com/coaching 

 

Direct download: JF_2469_Mike_Zlotnik_Skillset_Sunday.mp3
Category:general -- posted at: 7:00am EDT

With over 30 years of real estate investing experience, Dave Sherbal discusses what it means to follow the cash to find savings and find the waste. Some of his advice today is to take the deals no one else wants – the hairier the better. He speaks on the balance sheet and the importance of due diligence (more than just basics). Finally, he shares the most common areas for optimization in apartment buildings.

Dave Sherbal Real Estate Background:

  • Partner of C2G Asset Management (Cradle to Grave)
  • 30 years real estate investing experience
  • Currently, oversees 5k units and 600k square feet of office & retail.
  • Coral Springs, Florida
  • Say hi to him at: www.c2gcapitalmanagementllc.com & dave@c2gam.com

Click here to know more about our sponsors RealEstateAccounting.co

ThinkMultifamily.com/coaching 

Direct download: JF_2468_Dave_Sherpal.mp3
Category:general -- posted at: 7:00am EDT

From a 4 unit to 22 student housing buildings to 250M in construction, Zach Feldman turned his side hustle into full time with specialization on quality student housing. In this episode, Zack speaks on institutional quality student housing that focuses on the health of the student and the unit. These quality housing solutions have bed to bath parity (4 bed, 4 bath) and the highest rent per square foot. It is easy to raise rents and most leases are guaranteed by parents. Listen in to learn more.

Zach Feldman Real Estate Background:

  • VP of development at Aptitude Development, a premier student housing developer 
  • CEO & Founder of ENJOI 77 HOLDINGS, a real estate investment company specializing in student housing & multifamily investments
  • 6 years of real estate investing experience
  • ENJOI 77 Portfolio consist of 22 properties with 200 units owned
  • Aptitude Development: 1,500 beds
  • Based in NYC, New York
  • Say hi to him at: https://www.linkedin.com/in/zacharyrfeldman/
  • Best Ever Book: The Triumph of the City

Click here to know more about our sponsors RealEstateAccounting.co

thinkmultifamily.com/coaching 

 

Direct download: JF_2467_Zach_Feldman.mp3
Category:general -- posted at: 7:00am EDT

Today Theo and Travis are sharing their mistakes so you don't make them.  From doing due diligence and finding good team members to finding mentors and teaching their children, listen for things to know before investing in real estate. 

Click here to know more about our sponsors RealEstateAccounting.co

thinkmultifamily.com/coaching 

Direct download: JF_2466_Actively_Passive_Investing_Show_44.mp3
Category:general -- posted at: 7:00am EDT

Theo Hicks continues the conversation on what you should know before becoming a real estate syndicator. In the previous episode of Syndication School, Theo talks about the reasons you may elect not to passively invest in real estate syndications. Today he discusses 5 things to consider before deciding real estate syndication is for you. 

To listen to other Syndication School series about the “How To’s” of apartment syndications and to download your FREE document, visit SyndicationSchool.com. Thank you for listening and I will talk to you tomorrow.

 

Click here to know more about our sponsors RealEstateAccounting.co

thinkmultifamily.com/coaching 

Direct download: JF_2465_SS_194_Series_128.mp3
Category:general -- posted at: 7:00am EDT

Derek Peterson is the owner at Adapt Media Agency, a full service digital marketing agency that helps syndicators grow their brand online. He began investing in real estate in the mid 2000s. Derek talks about the 3 most effective ways to position yourself as an authority in the syndication space, as well as the one area that new syndicators often get wrong. 

Derek Peterson Real Estate Background:

  • Owner of Digital Marketing Agency
  • Agency that helps syndicators grow their brand online
  • 10 years of real estate experience
  • Based in Charlotte, N.C.
  • Say hi to him at:  https://adaptmediaagency.com/

Click here to know more about our sponsors RealEstateAccounting.co

thinkmultifamily.com/coaching 

 

 

 

Direct download: JF_2464_Derek_Peterson.mp3
Category:general -- posted at: 7:00am EDT

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