The Best Ever CRE Show
Charlie Panayi, CEO of Red Squirrel Property Shop, shares his journey into real estate investing and the different types of properties he has invested in. He started at a young age, buying his first property at 18 and focusing on buy-to-let investments. As he gained more experience, he diversified into larger developments, conversions, and commercial properties. He also discusses the UK property market and the opportunities that arose after the 2008 crash. Charlie emphasizes the importance of education and leveraging knowledge from mentors and joint ventures. Charlie Panayi discusses his experience with joint ventures and partnerships in the real estate industry. He explains how he helps others by being part of their deals and shares the benefits of collaboration. Charlie also talks about different types of property conversions, such as converting houses into multiple occupancy properties, and the commercial value they can generate. He discusses the challenges of navigating local regulations and councils in the UK and shares his insights on investing in the UAE. Charlie emphasizes the importance of being conservative in underwriting and projections, especially in a volatile market.
 
Direct download: JF_3664_Charlie_Panayi_.mp3
Category:general -- posted at: 3:00am EDT

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.

Sponsors:

Altra Running

Apartments.com

Direct download: JF_3663_Zihao_Wang_.mp3
Category:general -- posted at: 3:09am EDT

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:
  • 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

Direct download: PaceFINAL.mp3
Category:general -- posted at: 3:00am EDT

Jordan Smith, President of 360 Properties Corp, shares his journey in real estate investing, from single-family homes to large apartment communities. He emphasizes the importance of building relationships and providing value to others in order to raise capital for deals. Jordan discusses the challenges of rising costs and finding reliable contractors in the current market. He also shares lessons learned from his worst deal and highlights the benefits of being part of a team in multifamily investing. Jordan's advice for aspiring investors is to reach out to others in the industry and offer to provide value.
Direct download: JF_3661_Jordan_Smith_.mp3
Category:general -- posted at: 3:00am EDT

Andrew Reichert, founder and CEO of Burgo Capital, shares his experience in real estate investing and syndicated funds. He discusses the challenges of finding compelling deals in the current market and the importance of aligning interests with investors. Andrew emphasizes the need for creativity in both acquisitions and operations to maximize returns. He also advises newer syndicators to prioritize integrity and stewardship when working with other people's money. Additionally, Andrew highlights the significance of having the right people and executing value-add business plans effectively.
 
Direct download: JF_3660_Andrew_Reichert_.mp3
Category:general -- posted at: 3:00am EDT

Ryan Sudeck, CEO of Sage Investment Group, discusses their strategy of converting hotels into apartment buildings to address the affordable housing crisis. They look for hotels with existing infrastructure and amenities that can be repurposed for residents. They focus on growth markets with wage and employment growth and near transit corridors and centers of employment. The average cost for conversion per unit is between $37,000 and $50,000. They typically hold the properties for cash flow for about three to five years and then do a cash-out refinance. Investors in their fund receive quarterly distributions and share price appreciation. Ryan Sudeck discusses the benefits of investing in a fund that focuses on hotel conversions and multifamily properties. He explains that investing in a fund allows for immediate cash flow and diversification, as well as the potential for tax benefits. Sudeck also shares insights into the process of acquiring and converting hotels, including the challenges and lessons learned. He emphasizes the importance of thorough due diligence, construction budgeting, and engaging with local municipalities. Additionally, he highlights the positive impact that hotel conversions can have on communities, such as reducing crime rates.
 
Direct download: JF_3659_Ryan_Sudeck_.mp3
Category:general -- posted at: 3:00am EDT

 Michael Hendzel, a real estate investor, shares his experiences and insights in commercial real estate investing. He discusses the challenges he faces with his properties, such as dealing with tenant issues and property maintenance. Michael explains the difference between gross leases and triple net leases and why he prefers triple net leases. He also talks about his investment strategy, which involves buying properties in his local community and aggressively paying down debt. Michael emphasizes the importance of being a subject matter expert and having an intimate knowledge of the market when investing in commercial real estate.

Michael Hensel | Real Estate Background

  • The MavBrands
  • Portfolio:
    • ~75,000 SF Plazas and Office
  • Based in: Belleair Bluffs, Florida
  • Say hi to them at:
Direct download: JF_3658_Michael_Hendzel_.mp3
Category:general -- posted at: 3:00am EDT

Nicole Fiore, the founder of Coast to Coast Homes Canada Incorporated, shares her experience in scaling her real estate portfolio from four to 150 residential and commercial multifamily units. She discusses the importance of slowing down and focusing on acquiring processes and systems rather than just acquiring properties. Nicole emphasizes the value of creating systems, hiring the right team members, and delegating tasks to ensure smooth operations and investor satisfaction. She also highlights the significance of providing the best investor experience and the challenges of scaling too quickly. Nicole's advice is to start taking action and consistently move forward in pursuit of your goals.

Nicole Fiore | Real Estate Background

 
Direct download: JF_3657_Nicole_Fiore_.mp3
Category:general -- posted at: 3:00am EDT

Jeff Gleiberman, President of MG Properties, shares his experience of managing a portfolio of over 32,000 multifamily units. The company was founded by his father in 1992 and has since expanded to six major Western states. They focus on slow and steady growth, buying existing apartment buildings, and holding properties for 7 to 10 years. Their investment approach involves low leverage, long-term fixed-rate financing, and a syndication model. They prioritize low-risk investments and have a track record of no losses in over 200 deals.

Jeff Gleiberman | Real Estate Background

  • MG Properties
  • Portfolio:
    • 28,000+ Multifamily Units
  • Based in: San Diego, CA
  • Say hi to them at:
 
Direct download: JF_3656_Jeff_Gleiberman_.mp3
Category:general -- posted at: 3:00am EDT

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

Direct download: Matt1V2.mp3
Category:general -- posted at: 3:00am EDT

Keshav Kolur, principal and founder of Clive Capital, shares his background and current focus on real estate investing. He discusses the importance of finding the right sponsors and evaluating deals. Keshav also talks about the challenges of raising capital and the objections he faces from potential investors. He explains the concept of build-to-rent single-family homes and the markets he is targeting for this business plan. Keshav shares the return projections and timeline for a 500-house build-to-rent deal. He also discusses the mistakes he has made and the lessons he has learned in his real estate journey.

Keshav Kolur | Real Estate Background

  • Principal and Founder at Clive Capital
  • Portfolio:
    • 1,066 Multifamily Units
  • Based in: New York City, NY
  • Say hi to them at:
Direct download: JF_3654_Keshav_Kolur.mp3
Category:general -- posted at: 3:00am EDT

Chris Reece, CEO of MJ Reed, discusses the opportunities and risks of investing in cannabis real estate. He explains that by financing properties with cannabis tenants, investors can gain exposure to the industry without taking on the additional risk associated with cannabis operations. Reece also addresses the myth of the government seizing cannabis properties, explaining that the Department of Justice is defunded from pursuing legal activities in states with medical legal programs. He emphasizes the importance of understanding the unique regulations in each state and conducting thorough due diligence on borrowers and operators.

Chris Reece | Real Estate Background

Direct download: JF_3653_Chris_Reece_.mp3
Category:general -- posted at: 3:00am EDT

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

Sponsors:

Altra Running

Apartments.com

Direct download: JF_3652_Ray_Hightower.mp3
Category:general -- posted at: 3:00am EDT

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.

Eric Chadderdon | Real Estate Background

Sponsors:

Altra Running

Apartments.com

 

Direct download: JF_3651_Eric_Chadderdon_.mp3
Category:general -- posted at: 3:35am EDT

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:

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Direct download: Judd_V1.mp3
Category:general -- posted at: 3:00am EDT

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.

Randy Langenderfer | Real Estate Background

Direct download: JF_3649_Randy_Langenderfer_.mp3
Category:general -- posted at: 3:00am EDT

John Casmon, founder of Casmon Capital Group, shares insights on investing in smaller multifamily deals. He emphasizes the importance of having local partners with boots on the ground and a proven track record. By partnering with experienced property managers and other team members, investors can leverage their expertise and navigate the challenges of smaller deals. Casmon also discusses the alignment of interests among team members and the flexibility to make changes if necessary. He advises investors to focus on finding partners who bring value and have the specific skill sets needed for the deal. Overall, the key takeaway is to identify proven performers and build a strong team for successful investing in smaller multifamily deals.

John Casmon | Real Estate Background

Direct download: John_Final_V2.mp3
Category:general -- posted at: 3:00am EDT

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:

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Direct download: JF_3647_Jennings_Smith_Jr_.mp3
Category:general -- posted at: 3:00am EDT

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

Direct download: JF_3646_Sam_Wilson_.mp3
Category:general -- posted at: 3:00am EDT

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

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Direct download: JF_3645_Neal_Bawa_.mp3
Category:general -- posted at: 3:00am EDT

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:

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

 

Direct download: Brad_and_Richard_Simtob_FinalV2.mp3
Category:general -- posted at: 3:00am EDT

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:

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Direct download: JF_3643_Aman_Singh.mp3
Category:general -- posted at: 3:00am EDT

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:

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Direct download: JF_3642_Jason_Malabute_.mp3
Category:general -- posted at: 3:06am EDT

Anthony Walker, CEO of Black Swan, discusses his real estate development projects, including a 165-acre development in Maui. The goal of Black Swan is to create communities where people can live, work, and have a sense of pride. The development includes an amphitheater, a community gathering area, and affordable and market-rate apartments. Anthony talks about the challenges of building in Maui, including high construction costs and the need for subsidies. He also emphasizes the importance of partnerships, community involvement, and transparency in the development process.

Anthony Walker | Real Estate Background

  • Black Swan
  • Based in: Maui & Coeur d'Alene
  • Say hi to him at:
 
Direct download: Anthony_Walker.mp3
Category:general -- posted at: 3:00am EDT

Ray Tran, a real estate coach and educator, shares his journey from corporate finance to becoming a teacher and real estate investor. He emphasizes the importance of financial literacy and entrepreneurship education for young students. Ray discusses his experience in both single-family and commercial real estate investing, including value-add deals and syndications. He explores the debate between value-add investing and the BRRRR method for building long-term wealth in real estate. Ray also highlights the opportunities in the current market, such as distressed properties and bridge debt.

Ray Tran | Real Estate Background

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Direct download: JF_3640_Ray_Tran_.mp3
Category:general -- posted at: 3:50am EDT

Rick and Crystal Rummer, real estate investors at Texas Secured Notes, discuss their experience in originating and selling land notes. They share their background in real estate investing and how they transitioned to focusing on land notes. They explain their process of buying large tracts of land, subdividing them into smaller ranchettes, and selling them through owner financing. They discuss the criteria they look for when purchasing land and the importance of road frontage and access. They also highlight the role of third-party servicers in managing the notes and the importance of proper underwriting and documentation. They share lessons learned and the challenges and opportunities in the land note business.
 
Direct download: JF_3639_Rick_and_Crystal_Rumer_.mp3
Category:general -- posted at: 3:00am EDT

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

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Direct download: Walter_2.mp3
Category:general -- posted at: 3:00am EDT

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

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Direct download: JF_3637_Ken_Gee_.mp3
Category:general -- posted at: 3:00am EDT

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

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Direct download: JF_3636_D.A._Wilson_.mp3
Category:general -- posted at: 3:45am EDT

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

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Direct download: JF_3635_Max_Gonzales.mp3
Category: -- posted at: 3:00am EDT

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

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Direct download: Zeona_McIntyre.mp3
Category:general -- posted at: 3:00am EDT

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

 

Direct download: nate.mp3
Category:general -- posted at: 3:00am EDT

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

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Direct download: brian_h_ferguson.mp3
Category:general -- posted at: 5:19am EDT

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

Direct download: JF_3629_Slocomb_Operations_1.mp3
Category:general -- posted at: 3:00am EDT

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

Direct download: JF_3630_Ash_Patel_.mp3
Category:general -- posted at: 3:00am EDT

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

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Direct download: daniel_casey.mp3
Category:general -- posted at: 6:26am EDT

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

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Direct download: JF_3628_Ian_Cruz.mp3
Category:general -- posted at: 5:20am EDT

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

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Direct download: JF_3627_Anthemos_Georgiades_.mp3
Category:general -- posted at: 3:00am EDT

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

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Direct download: Katie_V2.mp3
Category:general -- posted at: 8:52am EDT

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:
  • Best Ever Book: How Soccer Explains the World: An Unlikely Theory of Globalization

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Direct download: dejan_eskic_v2.mp3
Category:general -- posted at: 3:00am EDT

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

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Direct download: Rachel_Jones_V1.mp3
Category:general -- posted at: 3:09am EDT

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:
  • Best Ever Book: Think Again by Adam Grant

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

Direct download: jay_maranan_v2.mp3
Category:general -- posted at: 3:00am EDT

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:
  • Best Ever Book: Rich Dad Poor Dad

Sponsors:

Passive Investing Mastery

Apartments.com

Bam Capital

 

Direct download: bradv2.mp3
Category:general -- posted at: 3:57am EDT

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:
  • Best Ever Book: Traction - Gino Wickman

Sponsors:

Viking Capital

Apartments.com

Hotel Shift

Direct download: JF_3625_Ryan_Hill_.mp3
Category:general -- posted at: 3:00am EDT

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:
  • Best Ever Book: Rich Dad Poor Dad

Sponsors:

Viking Capital

Apartments.com

Hotel Shift

Direct download: JF_3620_Nic_Espanet_.mp3
Category:general -- posted at: 3:00am EDT

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:
  • Best Ever Book: 12 Rules for Life by Jordan Peterson

Sponsors:

Viking Capital

Apartments.com

Hotel Shift

Direct download: JF_3619_Mike_Woodfield_.mp3
Category:general -- posted at: 3:00am EDT

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:
  • Best Ever Book: The Unlikely Investor by Grant Francke

Sponsors:

Viking Capital

Apartments.com

Hotel Shift

Direct download: JF_3618_Grant_Francke_.mp3
Category:general -- posted at: 3:00am EDT

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.

Direct download: JF_3617_Donato_Callahan_.mp3
Category:general -- posted at: 3:00am EDT

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

Sponsors:

Viking Capital

Apartments.com

Direct download: JF_3616_AJ_Klenk_.mp3
Category:general -- posted at: 3:29am EDT

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:
  • Best Ever Book: Seven Habits of Highly Effective People

Sponsors:

Viking Capital

Apartments.com

Direct download: JF_3615_Steve_Arneson_.mp3
Category:general -- posted at: 3:00am EDT

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:
  • Best Ever Book: Rich Dad Poor Dad

Sponsors:

Viking Capital

Apartments.com

Direct download: JF_3613_Craig_McGrouther_.mp3
Category:general -- posted at: 3:48am EDT

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:
  • Best Ever Book:  When Breath Becomes Air by Paul Kalanithi

Sponsors:

Viking Capital

Apartments.com

Direct download: JF_3614_Jordan_Alleva_.mp3
Category:general -- posted at: 3:00am EDT

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

Sponsors:

Viking Capital

Apartments.com

Direct download: JF_3612_Brandon_Cobb_.mp3
Category:general -- posted at: 3:00am EDT

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

Sponsors:

Viking Capital

Apartments.com

Direct download: JF_3611_Kris_Morin.mp3
Category:general -- posted at: 3:00am EDT

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

Sponsors:

Viking Capital

Apartments.com

Direct download: JF_3609_Katie_Decker-Erickson.mp3
Category:general -- posted at: 3:00am EDT

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:
  • Best Ever Book: Growth Mindset by Carol S. Dweck

Sponsors:

Viking Capital

Apartments.com

Direct download: JF_3610_Steve_Shropshire_.mp3
Category:general -- posted at: 3:00am EDT

Cole Farrell, owner of Vulcan Capital, discusses his 54-unit apartment investment in Mount Airy, NC. He plans to renovate and increase rents, shares his journey from smaller to larger deals, and emphasizes building investor trust and transparency about risks.

Cole Farrell | Real Estate Background

  • Volcan Capital
  • Portfolio
    • Purchasing a 54 Unit in NC, Owns 13 Small Multifamily Units
  • Based in: Easton, PA
  • Say hi to him at:
  • Best Ever Book: Best Ever Apartment Syndication Book
Direct download: JF_3608_Cole_Farrell_.mp3
Category:general -- posted at: 3:00am EDT

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:

Sponsors:

Viking Capital

Apartments.com

Direct download: JF_3607_John_Wei.mp3
Category:general -- posted at: 3:00am EDT

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

Direct download: JF_3606_Round_Table.mp3
Category:general -- posted at: 3:00am EDT

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:
  • Best Ever Book: Range by David Epstein

Sponsors:

Viking Capital

Apartments.com

 

Direct download: JF_3605_Alex_Cartwright.mp3
Category:general -- posted at: 3:00am EDT

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:
  • Best Ever Book: The Bible

Sponsors:

Viking Capital

Apartments.com

.

Direct download: JF_3604_Bob_Preston_.mp3
Category:general -- posted at: 3:00am EDT

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:
  • Best Ever Book: Five Habits of Highly Effective People by Steven Covey

Sponsors:

Viking Capital

Apartments.com

Direct download: JF_3603_Ryan_Narus.mp3
Category:general -- posted at: 3:00am EDT

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

Sponsors:

Viking Capital

Apartments.com

Direct download: JF_3602_Karan_Narang_.mp3
Category:general -- posted at: 4:26am EDT

 

Pankaj Sharma, owner of SNS Properties Investment, emphasizes long-term real estate views, sensible deals, and vertical integration. He shares his in-house management experience, stressing continuous improvement, reinvesting in properties, quality work, and giving back to contributors.

Pankaj Sharma | Real Estate Background

  • S&S Properties Investment
  • Portfolio
    • 2400+ units
  • Based in: Spring City, PA
  • Say hi to him at:
  • Best Ever Book: Wealth Consciousness Guide by Leo Forrest

Sponsors:

Viking Capital

Apartments.com

Direct download: JF_3601_Pankaj_Sharma_.mp3
Category:general -- posted at: 4:53am EDT

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

Sponsors:

Viking Capital

Apartments.com

Direct download: JF_3600_Dr_Alex_Schloe_.mp3
Category:general -- posted at: 4:17am EDT

Nishant Sondhi, founder of Sande Capital Group, shares his journey into real estate syndications and the fund-to-funds model. He discusses vetting experienced GPs, his due diligence process, compensation, and risks.

Nishant Sondhi | Real Estate Background

  • Sondhi Capital Group
  • Portfolio:
    • Invested in 8 syndications with over $5M AUM (capital raised) - 3 built to rent, 3 value add, and 2 new developments
  • Based in: Orlando, Florida
  • Say hi to him at:
  • Best Ever Book: Influence by Dr.Robert Cialdini

Sponsors:

Viking Capital

Apartments.com

Direct download: JF_3599_Nishant_Sondhi_.mp3
Category:general -- posted at: 3:00am EDT

 

Jiries Dawaher transitioned from the military to real estate, completing over a thousand wholesale deals before shifting to buy-and-hold properties and hotel investments. He emphasizes relationships and ensuring mutual success.

Jiries Dawaher | Real Estate Background

  • JDS Holdings IX LLC
  • Portfolio:
    •  60 units and 2 hotels
  • Based in: Cincinnati Ohio
  • Say hi to him at:
  • Best Ever Book: How to win friends and influence others by Dale Carnegie

Sponsors:

Viking Capital

Apartments.com

Direct download: JF_3598_Jiries_Dawaher.mp3
Category:general -- posted at: 6:08am EDT

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

Sponsors:

Viking Capital

Apartments.com

Direct download: JF_3597_Terry_Burger.mp3
Category:general -- posted at: 2:58am EDT

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

Sponsors:

Viking Capital

Apartments.com

 

Direct download: Brain_Shafer.mp3
Category:general -- posted at: 3:00am EDT

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:

Sponsors:

Ascent Equity Group

Viking Capital

Direct download: JF_3595_Linda_McKissack_.mp3
Category:general -- posted at: 3:00am EDT

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

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

Sponsors:

Ascent Equity Group

Viking Capital

Direct download: JF_3594_Alpesh_Pamar_.mp3
Category:general -- posted at: 4:22am EDT

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

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

Sponsors:

Ascent Equity Group

Viking Capital

Direct download: JF_3593_Harley_Green_.mp3
Category:general -- posted at: 3:00am EDT

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:

Sponsors:

Ascent Equity Group

Viking Capital

Direct download: JF_3592_Amanda_Cruise_.mp3
Category:general -- posted at: 3:00am EDT

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

Sponsors:

Ascent Equity Group

Viking Capital

Direct download: JF_3591_Pat_Zingarella_.mp3
Category:general -- posted at: 3:30am EDT

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:

Sponsors:

Ascent Equity Group

Viking Capital

Direct download: JF_3590_Eric_Martel_.mp3
Category:general -- posted at: 3:06am EDT

 

Max Sharkansky, managing partner of Trion Properties, shifted from value-add multifamily to non-performing debt during the Global Financial Crisis. He discusses his investment criteria, target returns, capital sources, and market insights, including risk modeling and exit strategies.

Max Sharkansky | Real Estate Background

  • Trion Properties LLC.
  • Based in:  LA and Miami
  • Portfolio: ~6,500 units
  • Say hi to him at:
  • Best Ever Book: Black Edge by Sheelah Kolhatkar

Sponsors:

Ascent Equity Group
Direct download: JF_3589_Max_Sharkansky_.mp3
Category:general -- posted at: 3:00am EDT

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:
  • Best Ever Book: The Power of Now by Eckhart Tolle

Sponsors:

Apartments.com

Ascent Equity Group

Direct download: JF_3588_Melanie_McDaniel_.mp3
Category:general -- posted at: 3:00am EDT

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:
  • Best Ever Book: Rich Dad Poor Dad by Robert Kiyosaki

Sponsors:

Apartments.com

Ascent Equity Group

Direct download: JF_3587_Eric_Rice_.mp3
Category:general -- posted at: 3:00am EDT

On this episode of the Best Ever Show, Slocomb Reed interviews Jeff Holst, a real estate investor and serial entrepreneur. They discuss various topics, including Jeff's background, his current focus on value-add investing and office spaces, and the opportunities in the Detroit and Chattanooga markets. Jeff emphasizes the importance of developing expertise in a specific geographic area and asset class to reduce risk and increase returns.

Jeff Holst | Real Estate Background

Sponsors:

Apartments.com

Ascent Equity Group

Direct download: JF_3586_Jeff_Holst_.mp3
Category:general -- posted at: 3:00am EDT

Michael Guthrie, an investor relations professional, shares his experience in raising capital for real estate deals. He discusses his journey from single-family homes to multifamily properties and triple net leases.

Michael Guthrie | Real Estate Background

  • Pacific Capital LLC
  • Based in: Scottsdale AZ
  • Portfolio: 8800+ apt 2400 as GP rest as LP
  • Best Ever Book: Rich Dad Poor Dad
Direct download: JF_3585_Michael_Guthrie_2.mp3
Category:general -- posted at: 3:00am EDT

Wendell Butler, President of Hammerhead Capital Inc., shares his journey into real estate investing and his focus on multifamily properties, fix and flips, and new construction. He discusses the challenges of navigating the real estate market during a time of rising interest rates and inflated prices.

Joel Owens | Real Estate Background

  • President of Hammerhead Capital Inc.
  • Based in: Charlotte, NC
  • Portfolio: 43 units, 4 buildings, one condo, one duplex, one 8-unit (about to sell), and one 32 unit
  • Say hi to him at:
  • Best Ever Book: How to Invest in Real Estate with No (and low) Money Down

Sponsors:


Apartments.com

Ascent Equity Group

Direct download: JF_3584_Wendell_Butler_.mp3
Category:general -- posted at: 3:00am EDT

 

Joel Owens, owner of NNN Invest, focuses on single-tenant net lease properties. He emphasizes tenant quality, location, and lease terms for safe, passive investments. Joel advises setting goals and taking small steps to achieve them.

Joel Owens | Real Estate Background

  • NNN INVEST
  • Based in: Canton, GA
  • Portfolio:100k+ SQ ft of various single tenant buildings
  • Say hi to him at:
  • Best Ever Book: Investing in Retail Properties by Gary Rappaport.

Sponsors:


Apartments.com

Ascent Equity Group

Direct download: JF_3583_Joel_Owens_.mp3
Category:general -- posted at: 3:00am EDT

Scott Kidd, a yacht captain and real estate investor, emphasizes the importance of relationships, networking, and effective leadership in managing multifamily properties. He highlights the opportunities in the Columbus, Ohio market.

Scott Kidd | Real Estate Background

  • Yachtie Real Estate Investors
  • Based in: Jensen Beach, Florida
  • Say hi to him at:
  • Best Ever Book: Who Not How by Benjamin Hardy and Dan Sullivan

Sponsors:

Apartments.com

Ascent Equity Group

Direct download: JF_3582_Scott_Kidd_.mp3
Category: -- posted at: 3:00am EDT

Andy Borses, Managing Partner for Investor Relations with BiCoastal LLC, invests in value-add multifamily properties and an assisted living facility. He emphasizes mentorship, thorough Due Diligence, and giving back through teaching.

Andy Borses | Real Estate Background

  • Buycoastal LLC
  • Based in: Santa Clarita, CA
  • Say hi to him at:
  • Best Ever Book: Never Split the Difference: Negotiating As If Your Life Depended On It by Chris Voss

Sponsors:

Apartments.com

Ascent Equity Group

Direct download: JF_3581_Andy_Borses_.mp3
Category: -- posted at: 3:00am EDT

Sharon Riddle, partner at Excalibur Investments of Texas, transitioned from single-family rentals to multifamily properties. She emphasizes conservative underwriting, broker relationships, and personal communication. Her key advice: stand out by solving brokers' problems and always communicate directly.

Sharon Riddle | Real Estate Background

  • Excalibre Investments of Texas, LLC.
  • Based in: Denton, Texas
  • Portfolio: 3507 units
  • Say hi to her at:
  • Best Ever Book: Second Chance by Robert Kiyosaki

Sponsors:

Apartments.com

Ascent Equity Group

Direct download: JF_3580_Sharon_Riddle_.mp3
Category:general -- posted at: 3:00am EDT

 

Chris Kohnen, CIO of the Ackerman Group, focuses on B-class assets in Midwest secondary markets. Emphasizing supply-demand ratios, affordability, and cap rates, he stresses industry sophistication and understanding competition.

Chris Kohnen | Real Estate Background

  • Chief Investment Officer at Ackermann Group
  • Based in: Cincinnati
  • Portfolio: 24 Multifamily Apartment Communities, totaling 4,529 units
  • Say hi to him at:
  • Best Ever Book: Atomic Habits by James Clear

Sponsors:

Apartments.com

Ascent Equity Group

Direct download: JF_3579_Chris_Kohnen_.mp3
Category:general -- posted at: 3:00am EDT

 

Boris Dorfman, of LBC Capital Income Fund, specializes in fast hard money lending for residential and commercial real estate, excluding offices. He lends in California and major metros, focusing on speed and quick closings. He highlights hard money loans for short hold periods, rehab construction, and financing properties banks may reject.

Boris Dorfman | Real Estate Background

  • LBC Capital Income Fund
  • Based in: Los Angeles, CA
  • Portfolio: 15 unit multi-family, 26 units multi-family under construction, multiple SFR 1-4 units
  • Say hi to him at:
  • Best Ever Book: Atlas Shrugged by Ayn Rand

Sponsors:

Apartments.com

Ascent Equity Group

Direct download: JF_3578_Boris_Dorfman_.mp3
Category:general -- posted at: 3:00am EDT

Ronald Rohde, an industrial triple net investor and real estate attorney, shares his expertise in industrial real estate investing. He explains why he chose industrial properties over other asset classes and the benefits of triple net leases. Ron discusses the importance of underwriting tenants and understanding their financials. He also shares insights on adding value to industrial properties, dealing with tenant vacancies, and the challenges of securing debt. Ron emphasizes the need for active management and the importance of storytelling in communication.

Ronald Rohde | Real Estate Background

Sponsors:

Apartments.com

Ascent Equity Group

Direct download: JF_3577_Ron_Rohde_.mp3
Category:general -- posted at: 3:00am EDT

Levi Allen, founder of Wealth Creation Asset Management, offers insights on navigating the multifamily market. He also discusses the effects of new deliveries and concessions on rentals and shares strategies for maintaining high occupancy rates.

Levi Allen | Real Estate Background

  • Wealth Creation Asset Management
  • Based in: Utah
  • Portfolio: Sponsor and Owner operator of 700+ units consisting of 10 multifamily projects.
  • Say hi to him at:
  • Best Ever Book:  Who Not How by Dan Sullivan by Benjamin Hardy

Sponsors:

Apartments.com

Ascent Equity Group

Direct download: Levi_Allen.mp3
Category:general -- posted at: 4:05am EDT

Tony Hawk shares his incredible journey from struggling young skater to global icon in the world of skateboarding. He discusses overcoming early challenges, building his career, and driving the sport's popularity through innovative ventures and media. Hawk's story highlights the power of passion, perseverance, and creativity in turning a personal passion into a worldwide phenomenon.

Tony Hawk | Real Estate Background

  • CEO of Birdhouse, a skateboarding company and video game line one of best skateboarders of all time
  • Tony Hawk Foundation, he provides grants and technical assistance for new park in low-income areas
  • Based in Encinitas, California
  • Say hi to him at:

Sponsors:

Apartments.com

Ascent Equity Group

Direct download: Tony_Hawk_FINAL.mp3
Category:general -- posted at: 3:00am EDT

Jade Laye, an investor and lawyer, shifted from single-family homes to multifamily properties in 2015. He emphasizes education, networking, positive cash flow, and supporting Christian missions.

Jade Laye | Real Estate Background

  • Laye Capital
  • Based in: Houston, TX
  • Portfolio: 1150+ units across 5 assets
  • Say hi to him at:
  • Best Ever Book: The Bible

Sponsors:

Apartments.com

Ascent Equity Group

Direct download: JF_3574_Jade_Laye_.mp3
Category:general -- posted at: 3:44am EDT

Daris Cassidy, CEO of FunSom and Principal at VeraVest and Fairway America, highlights real estate market challenges, the shift to income-producing assets, the importance of experienced managers, and understanding investment financials.

Daris Cassidy | Real Estate Background

  • FundSomm, Verivest, and Fairway America
  • Based in: Portland, OR
  • Portfolio: $1.2B Portfolio Gross Asset Value Portfolio
  • Say hi to him at:

Sponsors:

SyndicationAttorneys

Apartments.com

Ascent Equity Group

Direct download: JF_3573_Darris_Cassidy_.mp3
Category:general -- posted at: 3:00am EDT

Stas Grinberg, co-founder of Vision and Beyond, stresses the importance of being close to investments and vertical integration. He highlights their focus on Miami developments and discusses market challenges like inflation, interest rates, and finding good deals in the Midwest.

Stas Grinberg | Real Estate Background

  • Vision & Beyond Capital Investments
  • Based in: Nashville, Tennessee
  • Portfolio: +3,650 units
  • Say hi to him at:
  • Best Ever Book: The Fountainhead and My Glorious Brothers

Sponsors:

SyndicationAttorneys

Apartments.com

Ascent Equity Group

Direct download: JF_3572_Stas_Grinberg.mp3
Category:general -- posted at: 3:00am EDT

Brandon Jenkins, a multifamily syndicator and capital raising coach, discusses his background, investor sentiment, and capital-raising challenges. He stresses clear communication, early investor conversations, avoiding single-industry markets, and embracing discomfort.

Brandon Jenkins | Real Estate Background

  • Birch Prosper
  • Based in: Washington, DC
  • Portfolio: 2,953 apartment units
  • Say hi to him at:
  • Best Ever Book: The Millionaire Real Estate Investor by Gary Keller

Sponsors:

SyndicationAttorneys

Apartments.com

Ascent Equity Group

Direct download: JF_3571_Brandon_Jenkins_.mp3
Category:general -- posted at: 3:00am EDT

Brian Spear, co-founder of Sunrise Capital Investors, discusses investing in mobile home parks, their buy-improve-refinance-hold strategy, and the importance of finding motivated sellers. He highlights opportunities from institutional sellers and emphasizes a long-term strategy and flexible debt terms.

Brian Spear | Real Estate Background

Sponsors:

SyndicationAttorneys

Apartments.com

Ascent Equity Group

Direct download: JF_3570_Brian_Spear_.mp3
Category:general -- posted at: 3:00am EDT

Cory Harelson, a value-add mobile home parks investor, shares his background and current focus on investing in mobile home parks. He discusses the advantages of investing in the markets of Lexington, Louisville, and Cincinnati, which he calls the Bourbon Triangle. Harelson explains his strategy of finding value-add parks in great locations and transforming them into desirable communities.

Cory Harelson | Real Estate Background

  • Freedom Investing Group LLC
  • Based in: Boise, Idaho
  • Portfolio: 368 MH / RV park units.
  • Say hi to him at:
  • Best Ever Book: The Rock Warrior's Way by Arno Ilgner

Sponsors:

SyndicationAttorneys

Apartments.com

Ascent Equity Group

 

 

Direct download: JF_3569_Corey_Harelson_.mp3
Category:general -- posted at: 3:06am EDT

Hemant Pawar is a real estate investor who focuses on larger multifamily syndication properties. He started with smaller properties and gradually moved up to larger syndications. His motivation for getting into real estate was to have more time for himself and to help others. Hemant's current goal is to help new investors get their first deals and create a community of operator-investors.

Hemant Pawar | Real Estate Background

  • Owner/Jewel Equity & Zen Abode Group
  • Based in: Palo Alto, CA
  • Portfolio: 1500+ units in 9 states
  • Say hi to him at:
  • Best Ever Book: Life Philosophy through the Peanuts cartoon strips.

Sponsors:

SyndicationAttorneys

Apartments.com

Ascent Equity Group

Direct download: JF_3568_Hemant_Pawar_.mp3
Category:general -- posted at: 6:02am EDT

On this episode of the Best Ever Show, Leo Rosansky joins Slocomb Reed. He shares insights on his background, development focus, capital structure, targeted hold periods, and lessons learned from his experiences. The conversation also delves into mistakes made, best advice, and ways to give back to the community.

Lior Rozhansky | Real Estate Background

  • Flora Capital
  • Based in: Boston, MA
  • Portfolio: ~30 smaller multifamily buildings in the Boston area. ~100 units, ~$35M AUM, and about $20M in projects under development
  • Say hi to him at:
  • Best Ever Book: Peebles Principles - Don Peebles

Sponsors:

SyndicationAttorneys

Apartments.com

Ascent Equity Group

Direct download: JF_3567_Lior_Rozhansky_.mp3
Category:general -- posted at: 3:49am EDT

On this episode of the Best Ever Show, James Bohan joins Slocomb Reed. Their conversations covers a wide range of topics, including real estate investing, hotel investments, covered land plays, and the attractiveness of Coeur d 'Alene, Idaho as a market for investing. James Bohan, a CPA and real estate investor, shares insights into his background, investment strategies, and the factors that make Coeur d 'Alene an appealing market for hotel investments.

James Bohan | Real Estate Background

  • Stonehan
  • Based in: Coeur d Alene, ID
  • Portfolio: 1 SFR, one 10-key hotel, farm, CFO of modular development company with 205 MF units in development
  • Say hi to him at: 
  • Best Ever Book: The Bible

Sponsors:

SyndicationAttorneys

Apartments.com

Ascent Equity Group

Direct download: JF_3566_James_Bohan.mp3
Category:general -- posted at: 3:00am EDT

Dave Walcott, CEO of Pantheon Investments, shares his background and current focus in real estate investing. He discusses the importance of building wealth through alternative assets and diversification. Dave highlights the opportunities in the energy sector and private credit, emphasizing the benefits of tax efficiency, predictable passive income, and lucrative upside potential.

Dave Walcott | Real Estate Background

Sponsors:

SyndicationAttorneys

Apartments.com

Ascent Equity Group

Direct download: JF_3565_Dave_Wolcott_.mp3
Category:general -- posted at: 3:00am EDT