Best Real Estate Investing Advice Ever

Theo is on the podcast to discuss what it takes to become one of the nation’s top companies. Founding a company without any prior experience is a challenging concept to fathom with no one to turn into when unforeseen situations occur. With a majority of companies being founded at a young age, the Founder Syndrome is something to be expected when scaling is at stake— coming from an abrupt success with little to no foundation. From the presentation made by the Co-Founder and CEO of Spartan Investment Group, who experienced 1,479% growth in 2020, any company with the grand ambition to scale should know the three tips to be at the top-most echelon.

Define your culture, develop your plan, and create your team. How can you effectively utilize these points to navigate your company to success? In this episode, Theo dissects and dives deeper into these three vital points to achieve what you have always envisioned.

Click here to know more about our sponsors RealEstateAccounting.co

 

Direct download: JF_2416_SS_187_Series_121.mp3
Category:general -- posted at: 7:00am EDT

Abiel is the Vice President and Founder of SAR Apartment Capital, a Miami-based real estate investment and asset management firm specializing in multifamily apartment syndication.   He is also the Principal Broker for United Dream Real Estate, a full-service real estate brokerage in Florida with over $150 million in sales. He focuses on sourcing, acquiring, and managing multi-family assets with low risk and high ROI potential for our investors. The key to his excellence is his competence and dedication in helping his investors gain financial freedom and build sustainable wealth. In this episode, Abiel takes us through the importance of strong relationships and partnerships and why it became the foundation of their success.

Abiel Ballesteros Real Estate Background:

  • Full-time real estate investor
  • 16 years of real estate investing experience
  • Portfolio consist of 845 units 
  • Based in Miami, FL
  • Say hi to him at: www.abielballesteros.com

Click here to know more about our sponsors RealEstateAccounting.co

Best Ever Tweet:

“Having partnerships allows you to see the things that you don't see.” – Abiel Ballesteros

Direct download: JF_2415_Abiel_Ballesteros.mp3
Category:general -- posted at: 7:00am EDT

Jason is a real estate broker, a home builder, a developer and an appraiser. With more than 20 years of experience he has the foundation for what properties are worth and can help you get familiar with the real estate industry. Gaining over 160 rental units and 120 flips in wholesale, he too has his career ups and downs. He has an exciting story to tell explaining how he crawled his way to success!

Jason Moss Real Estate Background

  • Real Estate Broker, Home Builder and an Appraiser. 
  • More than 20 years’ Experience
  • Portfolio consist of 160 rental units and 120 flips in sales
  • Based in Queen Creek, AZ
  • Say hi to him at:

https://m.youtube.com/c/RealEstateGettingStarted/?sub_confirmation=1

Click here to know more about our sponsors RealEstateAccounting.co

Best Ever Tweet:

"Don't be afraid to buy old. Just get started. Because that if I were to tell if I convinced myself years before that, you know this has all happened within the last four years." -- Jason Moss

Direct download: JF_2414_Jason_Moss.mp3
Category:general -- posted at: 7:00am EDT

Chris grew up in a low-income family, but he learned to dream big. His business experience ranged from creating a clothing line and opening a chain of snowboarding shops to working on Wall Street and being one of his firm’s top three financial advisors.

After the stock market crash, Chris started focusing on his real estate portfolio, which was more of a side project at the time. By 2014, he had a sizable portfolio and several other things in the works. Unfortunately, that’s when he learned that banks aren’t always friendly, so he started to find ways to fund his ventures by becoming his own bank. Now Chris mentors others and helps them take charge of their finances.

Chris Naugle  Real Estate Background:

  • Co-founder and CEO of FlipOut Academy, The Money School, and Money Mentor
  • 16 years of real estate investing experience
  • Portfolio consists of 500+ real estate deals - flips, wholesales, rentals
  • Based in Buffalo, NY
  • Say hi to him at: www.chrisnaugle.com 
  • Best Ever Book: Profit First

Click here to know more about our sponsors RealEstateAccounting.co

Best Ever Tweet:

“If we didn’t need a conventional bank anymore, what would life look like?” - Chris Naugle.

Direct download: JF_2413_Chris_Naugle.mp3
Category:general -- posted at: 7:00am EDT

Stacy started her real estate quest by applying for a job at a local real estate company when she was in high school. What started as a bet ended up becoming her profession. At 19, Stacy got her real estate license and started working hard at filling the gap the local market had at the time.

Stacy started her career in 2006, just a couple of years before the housing market crash. In 2020, her experience surviving the recession is as relevant as ever.

Stacy Bahrenfuss Real Estate Background:

  • Founder & CEO of Catalyst Group
  • Started her real estate company at 19, surviving the housing crisis of 2007-2010
  • She built her real estate company into a 7-figure operation
  • Based in Eagle, ID
  • Say hi to her at: https://www.catalystidaho.com/ 
  • Best Ever Book: The 5am Club

Click here to know more about our sponsors RealEstateAccounting.co

Best Ever Tweet:

“What you do in a bad market is what protects you in the good market” - Stacy Bahrenfuss.

Direct download: JF_2142_Stacy_Bahrenfuss.mp3
Category:general -- posted at: 7:00am EDT

Zach started his career back in 2014 by purchasing a garage apartment. Over the next couple of years, he and his wife focused on small multifamily houses, building up their portfolio to 28 units.

When they were on vacation, Zach noticed a self-storage facility that gave him an idea for a new business. He got rid of all his residential units, and now he owns self-storage properties across 3 states.

Zach Quick  Real Estate Background:

  • Full-time self-storage owner/operator 
  • 6 years of real estate experience
  • Portfolio consist of 7 self-storage facilities in Arkansas and Missouri
  • Based in Northwest Arkansas 
  • Say hi to him at: zach@zachquick.com 
  • Best Ever Book: Profit First

Click here to know more about our sponsors RealEstateAccounting.co

 

Best Ever Tweet:

“Listen to what you feel called to do and don’t fight that” - Zach Quick.

Direct download: JF_2411_Zach_Quick.mp3
Category:general -- posted at: 7:00am EDT

Today, Theo will talk with Travis about the 15 different types of passive income streams that he is somehow involved in.  They’ll share insights about investment opportunities, private placement investing, the concept of being a passive investor, and the effective ways to generate passive income.

If you have questions for us or have a topic you want to discuss, you can email that to me at theo@joefairless.com, and we’ll cover it on the Actively Passive Investing Show.

We also have a Syndication School series about the “How To’s” of apartment syndications, and be sure to download your FREE document by visiting SyndicationSchool.com. Thank you for listening, and I will talk to you tomorrow.

Click here to know more about our sponsors RealEstateAccounting.co

 

Direct download: JF_2410_Actively_Passive_Investing_Show_36.mp3
Category:general -- posted at: 7:00am EDT

In today's Syndication School episode, Theo Hicks is going to go back to cover some of his favorite presentations at the best ever conference 2020. We'll be talking about Jillian Helman of Realty Mogul. Realty Mogul has purchased over $2.8 billion in real estate. Jillian provided tips on things you learned managing a large portfolio during COVID.

Click here to know more about our sponsors RealEstateAccounting.co

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.

Direct download: JF_2409_SS_186_Seres_120.mp3
Category:general -- posted at: 7:00am EDT

Savannah started investing in real estate while she was on maternity leave with her second daughter. She and her husband were looking for different ways they could start investing their money, growing their wealth, working towards financial freedom, and they stumbled upon real estate. They started investing in single-family homes and then switched into multifamily. Right now they’re doing value-add multifamily syndication deals. Within 1 year, they acquired 15 units. Today, Savannah will be explaining which details helped her team reach their goals.

Savannah Arroyo Real Estate Background

Best Ever Tweet:

“The more you share, the more you network, the more you help other people grow, it has the potential of coming back to you.” -- Savannah Arroyo

Click here to know more about our sponsors RealEstateAccounting.co

 

Direct download: JF_2408_Savannah_Arroyo.mp3
Category:general -- posted at: 7:00am EDT

Kristen is a Family Nurse Practitioner from Baltimore. She discovered her passion in real estate with an apartment complex. Real estate helped her get through the education for nursing. She balanced being a practitioner and real estate investor. Being able to get into real estate it became her passion and decided she wanted to focus on this field.

Dr. Kristen Ray Real Estate Background

Best Ever Tweet:

"Let some money work for you. You don't have to always work for your money." -- Kristen Ray

Click here to know more about our sponsors RealEstateAccounting.co

 

Direct download: JF_2407_Kristen_Ray.mp3
Category:general -- posted at: 7:00am EDT

AdaPia has been a guest of the show twice before, in 2014 and 2017. This time she’s here to talk about her book, Productive Intuition. She started writing it back in 2018, and the Covid lockdown gave her a push to finish the book.

In the past, she’d feel that the deal would be off, yet she’d still go through with it since there was no rational reason behind the feeling. Now she’s learned how to listen to her gut, and she shows others that they can teach themselves to do it as well.

AdaPia d’Errico  Real Estate Background: 

  • Principal and VP of Strategy for Alpha Investing, a private real estate equity firm
  • Alpha Investing invests in multifamily, senior housing, and affordable housing nationwide 
  • 20 years of real estate experience 
    Author of Productive Intuition - connecting to the subtle
  • Guest on episode JF1187
  • Based in Los Angeles, CA
  • Say hi to her at: www.productiveintuition.com  

Best Ever Tweet:

“In real estate, we use our gut all the time” - AdaPia d’Errico.

Click here to know more about our sponsors RealEstateAccounting.co

 

Direct download: JF_2406_AdaPia_DErrico_.mp3
Category:general -- posted at: 7:00am EDT

Craig has been representing office owners and tenants for 37 years. 25 years ago, he started acquiring buildings from his own account, making sure the two businesses do not compete.

As Craig’s mentors said, there are market deals, off-market deals, and great deals. Now Craig focuses on finding great deals, and he shows his investors and other real estate professionals how to do the same.

Craig Coppola  Real Estate Background:

  • Commercial real estate broker - specializing in leasing and sales of office projects 
  • 37 years of commercial real estate experience and 25 years of investing experience
  • Portfolio consist of 17 real estate investments
  • Based in Phoenix, AZ
  • Say hi to him at: www.coppolacheney.com 
  • Best Ever Book: Psychology of Money

 

Best Ever Tweet:

“I get to look for unique transactions, and I encourage everyone to start looking for those” - Craig Coppola.

Click here to know more about our sponsors RealEstateAccounting.co

 

Direct download: JF_2405_Craig_Coppola.mp3
Category:general -- posted at: 7:00am EDT

Dani has been in the real estate market for over 16 years. He started investing back when he lived in Israel and continued with it after moving to the USA in 2004. He started building his portfolio by working closely with Silicone Valley residents who were looking to invest in real estate outside their zip code. 

Addressing the knowledge gaps that his potential investors had helped him gain their trust and secure the investment. Dani is still keen on educating and sharing his knowledge. In this episode, he offers some expert advice that the 2008 market crash has taught him that are still true today.  

Dani Beit-Or  Real Estate Background:

  • CEO of Simply Do It Real Estate Investments, a real estate investment boutique
  • 16 years of real estate investing experience
  • Has invested in and has guided others in the purchase of approximately 5,000 rentals
  • Based in Irvine, CA
  • Say hi to him at: www.simplydoit.net 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“I’m not investing for the cash flow, but I want to have that buffer” - Dani Beit-Or.

Direct download: JF_2404_Dani_Beit-Or.mp3
Category:general -- posted at: 7:00am EDT

Today, Theo and Travis are going to be talking about self-directed IRAs. What is a self-directed IRA? How does that differ from IRA or 401k you may currently have? Many investors use self-directed IRAs and there's almost $20 trillion of IRA money in the United States. The purpose of this episode is to provide insights obtained by one of our contributors.

Click here for more info on groundbreaker.co 

Direct download: JF_2403_Actively_Passive_Investing_Show_35.mp3
Category:general -- posted at: 7:00am EDT

In today's Syndication School episode, Theo Hicks, shares about ways to use technology to improve your multifamily investments. This is based on a great blog post that one of our contributors Veena Jetti. She wrote a really good blog post on how we can use technology to improve the experience of our residents at our multifamily investments, and improve the amount of money we can generate and turn them into money we can distribute to investors.

To listen to other Syndication School series about the “How To’s” of apartment syndications and to download your FREE document, visit SyndicationSchool.com.

Click here for more info on groundbreaker.co 

Direct download: JF_2402_SS_185_Series_119.mp3
Category:general -- posted at: 7:00am EDT

Zach is the CEO & Co-Founder of Rise48 Equity, an experienced Multifamily Apartment investor, #1 Best Selling Author of "Success Habits of Super Achievers," and the Host & Founder of The Phoenix Multifamily Association. His passion for providing knowledge about financial freedom inspires him to provide passive income opportunities for investors and alike to use their time for more meaningful events such as spending time with families. Currently, he has now 420 units across five properties in Phoenix, Mesa, and Scottsdale worth over $48MM. In today's episode, Zach will be going into details about his journey and challenges as a Multifamily Apartment investor and his advice on how he got to where he is today.

Zach Haptonstall Real Estate Background:

  • Founder & President of ZH Multifamily
  • He is lead sponsor, general partner, and equity owner of  over $35,000,000 worth of commercial real estate apartment buildings
  • Portfolio consists of 308 units
  • Based in Scottsdale, AZ
  • Say hi to him at: www.ZHMultifamily.com  

Click here for more info on groundbreaker.co 

Best Ever Tweet:

"As a passive investor, build your presence and get to know your market while investing with people who are local as they are familiar like you." – Zach Haptonstall

Direct download: JF_2401_Zach_Haptonstall.mp3
Category:general -- posted at: 7:00am EDT

John Stoeber is the Principal at Kronos Investment Partners. At 26, he discovered his passion in real-estate investing. Experiencing the pain of rehabilitation, John scaled himself to multifamily. He is a “spreadsheet-driven guy,” who functions well in planning and finances. John is eager to expand his repertoire of investments to heavy-valued ads and venture into growing markets. In this episode, John gets into detail on transforming his failures into a multifamily success.

John Stoeber Real Estate Background:

  • Full-time in corporate finance and Full-time in real estate
  • 3 years of real estate experience
  • Portfolio consists of 2 multifamilies totaling 34 units 
  • Based in Denver, CO
  • Say hi to him at: www.kronosinvestmentpartners.com 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“When analyzing your numbers, verify everything.” -John Stoeber

Direct download: JF_2400_John_W_Stoeber.mp3
Category:general -- posted at: 7:00am EDT

Cornelius was a podcast guest five years ago when he just started his journey as a realtor. Since then, he has worked with several brokerages. He also works as a school counselor full-time. Over the years, Cornelius has gained plenty of experience in time management and customer service. In this episode of #SkillsetSunday, he’ll be sharing his knowledge as well as some tips to manage a busy life efficiently.  

Cornelius Camp Real Estate Background: 

  • School counselor for Chicago Public Schools and a real estate agent
  • 5 years of real estate experience
  • Previous guest: JF220
  • Based in Chicago, IL
  • Say hi to him at: www.CluelessRealtor.com 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Kindness always wins no matter in business or in personal life” - Cornelius Camp.

Direct download: JF_2399_Cornelius_Camp.mp3
Category:general -- posted at: 7:00am EDT

Operating in a crowded market has its challenges. In 2017, the return on Max’s adspend was growing smaller and smaller, and Max started looking for alternative ways of attracting clients in Dallas. Having a ton of competitors and the same list of clients as everyone else made him feel like he was worth a dime a dozen. That’s why he started niching down to the senior market and creating additional value for the deals with the help of a referral list and senior housing information. After a while, he wrote a book for his ideal client that helped him get exclusive deals and expanded his customer base.

Max Keller Real Estate Background: 

  • Real estate investor, speaker, and mentor
  • 5 years of real estate experience
  • Max’s unique marketing approach landed him onstage with Robert Kiyosaki & the 2019 industry innovator of the year award
  • Flipped over 100 houses 
  • Based in Dallas, TX
  • Say hi to him at: https://dealschasingyou.com/fairless 
  • Best Ever Book: Deep work

 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“I’m not trying to help the whole world; I’m trying to help the people that I’m most situated to add value to” - Max Keller.

Direct download: JF_2398_Max_Keller.mp3
Category:general -- posted at: 7:00am EDT

Ashley was studying to be an accountant. However, 6 months into the job she decided to change her career and took on a property management job. Soon after that, she started investing into duplexes while still managing properties. Last February, she managed 82 residential and 16 commercial units all while having a portfolio of her own.

Now she owns 35 units with 2 other partners. Having an Instagram account helped her grow a community of like-minded investors and introduced her to many opportunities such as hosting a Bigger Pockets podcast show. 

Ashley Kehr Real Estate Background:

  • Full time buy and hold investor
  • 6 years of real estate experience 
  • Portfolio consists of 35 units; 17 properties all buy and hold
  • Based in Buffalo, NY
  • Say hi to her on Instagram @wealthfromrentals
  • Best Ever Book: Your Not Listening

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“The best thing about social media for investors is the networking” - Ashley Kehr.

Direct download: JF_2397_Ashley_Kehr.mp3
Category:general -- posted at: 7:00am EDT

Today Theo and Travis will be answering their listeners’ questions and sharing their insights on investing in modern real estate development, like how important our entry cap rates versus exit cap rates in underwriting and how important are preferred returns.

Rather than outsmarting the stock market, the best strategy is to mirror it in your portfolio — typically with investments based on market indexes — and afterward, sit back and see what happens.

We also have a Syndication School series about the “How To’s” of apartment syndications and be sure to download your FREE document by visiting SyndicationSchool.com. Thank you for listening, and I will talk to you tomorrow.

Click here for more info on groundbreaker.co 

Direct download: JF_2396_Actively_Passive_Investing_34.mp3
Category:general -- posted at: 7:00am EDT

Theo Hicks dives deep into the themes of property management. Ensure that prior to hiring, you ask the right questions. Set expectations upfront with your management company in making sure they can accomplish the job AND have the willingness to accomplish it.

Theo unpacks the five points in dealing with property management: How often do you want to interact with the management company? What types of reports do you want to receive from them? In what form would you want to receive these reports? What metrics should you be looking at? What other things can excellent asset managers do? Listen to this episode as Theo sheds a light onto these compelling questions!

Weekly Performance Review Spreadsheet: https://www.dropbox.com/s/j17v0ib4euafbo0/Weekly%20Performance%20Review%20Template.xlsx?dl=0

Click here for more info on groundbreaker.co 

Direct download: JF_2395_SS_184_Series_118.mp3
Category:general -- posted at: 7:00am EDT

Charlie is an experienced business founder and passionate leader with a history of working in the marketing, travel, hospitality, and real estate investment industries. He is the founding partner of Akras Capital, a company that provides investment opportunities for those seeking passive income. He is currently scaling a real estate investment business focused on multifamily assets in inland growth markets across the US. Charlie is actively involved in the communities he resides, and serves as the local chapter leader for GoBundance, a Nationwide men’s and women’s group that supports “healthy, wealthy men and women leading balanced and epic lives.” In today’s episode, Charlie will be going into details about his journey in real-estate. He will share some challenges on investor relations and their strategies in business and marketing.

Charlie Stevenson Real Estate Background:

  • Founding Partner of Akras Capital
  • 3 years of multifamily investing
  • Portfolio consists of 4 properties totaling 450 units
  • Based in Boulder, CO
  • Say hi to him at: www.akrascapital.com

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“If you try to go alone, you can go fast. But if you go together, you can go far. Go together and create a team. Don’t try to do it alone.” – Charlie Stevenson

Direct download: JF_2394_Charlie_Stevenson.mp3
Category:general -- posted at: 7:00am EDT

Anthony got started in real estate straight out of school. His parents were in business for over 40 years, so it was a natural progression.

Anthony got his license in June 2007. First several months of his career were great. But once the market crashed, he didn’t have a single listing for 6 months. He took that time to build relationships and rapport with people who could help him with his work. The first property he sold gave him a chance to look at the investor side of the real estate world, and Anthony was hooked.

Anthony Mann Real Estate Background: 

 

 

 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“I gave up a little bit of income in the short term to be guaranteed income for the rest of my life” - Anthony Mann.

Direct download: JF_2393_Anthony_Mann.mp3
Category:general -- posted at: 7:00am EDT

Melissa started out by doing flips and creating owner finance notes. After being in the business for over 17 years, she is now transitioning into the coaching space. Melissa teaches other real estate investors her skills and helps them customize and apply her guidance to their business.

Melissa was finding up to 80% of her real estate deals with the help of her website. Its biggest advantage is that motivated clients come to you as opposed to you seeking leads via traditional marketing. In this interview, Melissa describes a step-by-step process of finding deals on the website if you don’t’ have any online presence yet.

Melissa Johnson  Real Estate 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
  • Based in San Antonio, TX
  • Say hi to her at: www.themelissajohnson.com  

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Testimonials are great for credibility” - Melissa Johnson.

Direct download: JF_2392_Melissa_Johnson_.mp3
Category:general -- posted at: 7:00am EDT

Ellis Hammond is living proof that a real estate investor doesn’t need to have an impressive portfolio in order to inspire and attract other investors. Having a powerful story and motivation is often enough.

As a former missionary and college pastor, Ellis Hammond used to struggle with funding his ministry adequately, so he started looking for other ways to change lives for the better. Now, a full-time investor and entrepreneur, he’s built a business to a greater purpose that served others, and he helps other investors do the same.

Ellis Hammond Real Estate Background: 

  • Full time multifamily investor 
  • Previous guest on JF1866
  • Leads a mastermind community, Kingdom REI, for other faith driven investors
  • Based in San Diego, CA
  • Say hi to him at: www.EllisHammond.com

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Most of my investors right now don’t really care about cash flow” - Ellis Hammond.

Direct download: JF_2391_Ellis_Hammond_.mp3
Category:general -- posted at: 7:00am EDT

Lauren Cohen loves real estate and fills many shoes. She’s an international lawyer, real estate investor, and a coach. She also has a non-profit organization that helps single moms invest in real estate. 

She often works with first-time investors, introducing them to the world of real estate and helping them form a new passive income stream. At the same time, she also works with experienced investors, helping them buy properties not only in their countries but also across borders.

Lauren Cohen  Real Estate Background:

  • Serial entrepreneur, international lawyer, realtor, and cross-border expert
  • 15 years of real estate experience
  • Experience with flips, wholesaling, rentals, and subject-to on hundreds of properties
  • Based in Boca Raton, FL
  • Say hi to her at: www.ecouncilglobal.com/investintheus   
  • Best Ever Book: Take control of your life

 

 

 

Click here for more info on groundbreaker.co 



Best Ever Tweet:

“You have to unpack the package and look at what is right there in front of you” - Lauren Cohen.

Direct download: JF_2390_Lauren_Cohen.mp3
Category:general -- posted at: 7:00am EDT

Today, Theo Hicks and Travis Watts will be answering the question, “Is Multifamily in a Bubble?” and sharing their insights about whether you should be investing right now? Or should we wait for the bubble to pop and take advantage of opportunities? Moreover, what should we be doing? They will also tackle the question, “Is now a good time to get started in Multifamily?” We get to know who we are potentially selling to, what the buying pool and the demand will look like, and the importance of an exit strategy.

Click here for more info on groundbreaker.co 

 

We also have a Syndication School series about the “How To’s” of apartment syndications, and be sure to download your FREE document by visiting SyndicationSchool.com. Thank you for listening, and I will talk to you tomorrow.

Direct download: JF_2389_Actively_Passive_Investing_Show_33.mp3
Category:general -- posted at: 7:00am EDT

In today's Syndication School episode, Theo Hicks talks about why and when to bring apartment property management in-house. He will be basing this episode on the presentation given by the founder of Ashcroft capital Frank Roessler at the Best Ever Conference 2021.

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!

Click here for more info on groundbreaker.co 

Direct download: JF_2388_SS_183_Series_117.mp3
Category:general -- posted at: 7:00am EDT

Karen spent over 25 years in the traditional investment business. Her specialty was helping clients with fixed income. Since interest rates have plummeted in the past decade, Karen started looking for new investment opportunities for her clients. That’s why she left the traditional business and turned to the real estate market.

She started with single-family properties. But since her focus was on helping people mitigate risk, she went on to pursue multifamily property investment. She had the right skill set, so the transition was easy.

Karen Oeser Real Estate Background:

  • She left 25 years of traditional investing experience to pursue real estate
  • Have been investing in single-family for a few years and recently transitioned into multifamily
  • Portfolio consist of 3 single-family rentals and seeking new multifamily deals
  • Based in Greenville, SC
  • Say hi to her at: www.eastlightinvest.com 
  • Best Ever Book: Hidden Investing - Holly Williams

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“I started with single-family, and that is a really great way to get your toe in the water ” - Karen Oeser.

Direct download: JF_2387_Karen_Oeser.mp3
Category:general -- posted at: 7:00am EDT

John’s background is in engineering. In the 1990s, he took his engineering degree to get a job in the finance sector. Later, he joined the New York Stock Exchange. Transitioning into real estate was an easy choice after he flipped his primary residence that was purchased back in the 1990s.

His focus is now on multifamily syndications. He knew that it was a big jump in terms of capital required to run that business, so he started looking for a mentor and a team.

John C Paniagua  Real Estate Background:

  • Works at the NYSE full-time in regulatory technology software development
  • 3 years as a flipper and 1 year as a GP/LP in 3 multifamily syndications
  • Portfolio consists of 3 syndications 
  • Based in Rego Park, NY
  • Say hi to him at: https://www.onewayholdingsllc.com/ 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“When you build a team, you definitely want to not supplement each other but complement each other” - John C Paniagua

Direct download: JF_2386_John_C_Paniagua.mp3
Category:general -- posted at: 7:00am EDT

Scott is a CEO of BiggerPockets, and Mindy is the Community Manager. Together they wrote a book for first-time homebuyers, helping them avoid rookie mistakes. 

They focus on primary resident homeowners who have a lifetime worth of earnings and savings to work with. They teach people how to spend their money without severely impeding their ability to make other investments.

Scott and Mindy  Real Estate Background:

  • Scott is CEO of BiggerPockets
  • Mindy is the Community Manager for BiggerPockets
  • Scott has 6 years of REI experience while Mindy has 20+ years
  • Scott’s Portfolio consists of 3 multifamily projects
  • Mindy has 9 live-in flips, 2 rentals, a mobile home park, and a few syndications 
  • Based in Denver, CO
  • Say hi to them at: www.biggerpockets.com/homebuyerbook 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“You’re spending hundreds of thousands of dollars in most markets. You should know what you’re doing” - Mindy Jensen.

Direct download: JF_2385_Scott_Trench_and_Mindy_Jensen.mp3
Category:general -- posted at: 7:00am EDT

Matthew started his real estate journey at 16 when he purchased a two-family home with his grandmother’s money. Four years later, he bought another property that was a challenge to manage. That experience taught him a lot of lessons that he applied later in his career.

With two other partners, he acquired a two-family house that he managed and renovated. After buying several more units, getting a construction license, and founding a property management agency, they were still looking for new opportunities. That’s when Matthew met a new investor and future partner who helped them take the business to a new level.

 

Matthew Tortoriello Real Estate Background:

  • Full-time real estate investor and property manager
  • 25+ years of real estate experience
  • Portfolio consists of 250 units, flipped 100, & wholesaled over 200
  • Based in Springfield, Mass
  • Say hi to him at: www.yellowbrick.org 
  • Best Ever Book: Recession Proof RE Investing

 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Don’t focus on learning everything because you’ll never learn everything. You’ll learn a lot along the way” - Matthew Tortoriello. 

Direct download: JF_2384_Matthew_Tortoriello.mp3
Category:general -- posted at: 7:00am EDT

Aurelien started his real estate journey in 2013 after getting inspired by David Azrieli, a Canadian real estate mogul. He picked up some books on the topic and started by acquiring a fourplex. A couple of years ago, he got interested in mobile parks and pursued that market. Now he has properties in both Canada and the US.

We discussed the differences between managing a mobile park and regular multifamily properties. We also talked about the value of strong personal relationships and rapport when working in the real estate business.

Aurelien Bonin Real Estate Background:

 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Rapport is key in our industry” - Aurelien Bonin.

Direct download: JF_2383_Aurelien_Bonin.mp3
Category:general -- posted at: 7:00am EDT

Today Theo and Travis will be answering the podcast listeners’ questions. They cover the topics of cap rates and return split structure. Even though some deals may look great on the surface and offer you great returns, you still have to do your due diligence and make sure that you know what you’re getting into. Theo and Travis provide examples showing how easily the numbers can be skewed or manipulated when it comes to projected returns.

We also have a Syndication School series about the “How To’s” of apartment syndications, so be sure to download your FREE document by visiting SyndicationSchool.com. Thank you for listening.

Click here for more info on groundbreaker.co 

Direct download: JF_2382_Actively_Passive_Investing_Show_32.mp3
Category:general -- posted at: 7:00am EDT

In today's episode, Theo Hicks introduces a new host of the Best Real Estate Investing Advice Ever podcast show, Ash Patel. His background is in IT, and he stumbled upon the world of real estate because of the tax advantages.

In 2011, he purchased his first property, a mixed-use building. Pretty quickly he noticed that the commercial part of the building required way less involvement on his side, while the residential apartments always needed additional investment of time and money. From then on, his biggest focus was on acquiring more commercial properties.

Ash has a wide span of qualifications. He does his own property management, chases his deals, and invests in bigger projects with Joe. He is a great addition to the podcast, so be sure to check the interviews he’ll be doing!

Click here for more info on groundbreaker.co 

Direct download: JF_2381_SS_182_Series_116.mp3
Category:general -- posted at: 7:00am EDT

Moneeka was aware of the real estate business opportunities since she was a child. Following the American Dream, her parents saved their hard-earned nickels and dimes to buy properties. She graduated college during the recession and started a real estate business of her own.

Moneeka used cash gifted at her wedding as a down payment for her first property. From then on, her real estate business took an intuitive path. 27 years later, Moneeka’s portfolio value is over $12M. Being based in San Jose, California, she specializes in buying executive houses for great long-term renters, and she secures her renters before investing her money into a new property.

Moneeka Sawyer  Real Estate Background:

  • Full-time Podcast host and Investor
  • 27 years of investing experience
  • Portfolio consist of 5 executive homes, also started a ground-up construction project
  • Current portfolio value is about $12M
  • Based in San Jose, CA
  • Say hi to her at: www.blissfulinvestor.com 
  • Best Ever Book: The One Thing - Gary Keller

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Everybody has stress and money issues. Do you want poor people money issues, or rich people money issues?” - Moneeka Sawyer.

Direct download: JF_2380_Moneeka_Sawyer.mp3
Category:general -- posted at: 7:00am EDT

Lauren started working in real estate right out of college. Her journey began in a corporate environment, and she was mostly dealing with commercial properties. Once she had a child, Lauren decided to leave her job and work for herself. At the time, her brother was flipping houses, and he offered her to join the business. In 2016, she started looking for properties outside of the competitive southern California market in order to expand her business. Now, Lauren has a coaching program for those who’d like to go virtual and reach markets all over the country regardless of where they live.

Lauren Hardy Real Estate Background:

  • Real estate investor, coach, and host of wholesaling Inc. Podcast
  • Over 10 years of real estate experience
  • Has invested in 100s of properties, including developing spec houses, and flips
  • Based in Orange, CA
  • Say hi to her at: https://www.wholesalinginc.com/virtual/

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Flipping the house opened up a lot of ways that you could get ripped off by contractors” - Lauren Hardy.

Direct download: JF_2379_Lauren_Hardy_.mp3
Category:general -- posted at: 7:00am EDT

Darrah used to be an entrepreneur who built businesses thinking that bigger was better and more was the way to go. Over time, the four companies she has built took over her life, and Darrah hit the burnout phase.

She restructured her businesses and her life in order to spend more time traveling and learning. That’s how she got into mentorship and coaching, helping other entrepreneurs and investors who are at a burnout point find their passion again.

 

Darrah Brustein Real Estate Background: 

  • Founder of four businesses; Equitable Payments, Network Under 40, Network Over 40, & Mind Your Business Accelerator
  • Author of “Finance Whiz Kids”
  • Prolific writer & interviewer for Forbes & other outlets working with Shaq, Seth Godin, Bobbie Brown & many more
  • Her mission is to connect people to the resources they need to elevate what they do.
  • Based in Atlanta, GA 
  • Say hi to her at: www.darrah.co 
  • Previous guest on JF151

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“We don’t know when it’s enough and why we’re building it in the first place.” - Darrah Brustein.

Direct download: JF_2378_Darrah_Brustein.mp3
Category:general -- posted at: 7:00am EDT

Twelve years ago, Ashley and her husband started looking for investment strategies other than the stock market. They started with a few short-term and long-term rentals, eventually expanding to single-family units with historical background and multifamily units.

Before she formed a company of her own, she was a partner with another investor on a 225-unit multifamily property. Despite having a solid business plan, the company lost 120 people within the first ninety days through evictions and skipping. Ashley tells how she managed to turn around the sticky situation and raise the occupancy to 90% even with Covid-19 as a backdrop.

 

Ashley Wilson  Real Estate Background:

  • Full-time real estate investor
  • 10 years of real estate experience
  • Portfolio consists of 600 units
  • Based in Philadelphia, PA
  • Say hi to her at: www.BadAshInvestor.com 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“The name of the game is to increase your equity.” - Ashley Wilson

Direct download: JF_2377_Ashley_Wilson_.mp3
Category:general -- posted at: 7:00am EDT

Bruce started his real estate journey by buying and repositioning single-family units and worked his way into the multi-family market. His company, Bakerson, now focuses on legacy ownership, making sure that his clients have a solid investment to pass on to their future generations. 

Bruce’s dad owned a bakery and employed his family members. It’s no wonder that his own company now centers around family values too. Legacy ownership doesn’t have to be about status and social rank. Instead, one could build something of value to pass on to their children while also teaching them how to make a living.

Bruce Wuollet Real Estate Background:

  • Owner of Bakerson, & full-time multifamily syndicator
  • Over 18 years of real estate investing experience
  • Bakerson has bought thousands of individual units, repositioned them, and sold them 
  • The personal portfolio consists of 250 units
  • Track record of 16 multifamily - 850 units and transacted over 2,000 single-family homes
  • Based in Scottsdale, AZ
  • Say hi to him at: www.bakerson.com 
  • Best Ever book: Life is Magic by John Dorenbos 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“As an individual, I’m not so concerned whether I’m remembered, but I do want to pass on the work ethic and what got us where we are” - Bruce Wuollet.

Direct download: JF_2376_Bruce_Wuollet.mp3
Category:general -- posted at: 7:00am EDT

Today Theo and Travis are talking about three things that allow people to succeed in the real estate business. While many people focus on the markets, demographics, projections, and other specifics of the business plan, some fundamental things should be right about the deal for it to work. Occasionally, real estate investors get lucky and make a decent return even when some of these laws are bypassed. However, those are exceptions, not the rule.

We also have a Syndication School series about the “How To’s” of apartment syndications, and be sure to download your FREE document by visiting SyndicationSchool.com. Thank you for listening. 

Click here for more info on groundbreaker.co 

 

Direct download: JF_2375_Actively_Passive_Investing_Show_31.mp3
Category:general -- posted at: 7:00am EDT

In today's Syndication School episode, Theo Hicks talks about building a team that lasts. As we’ve mentioned in the previous episodes, your team is one of the risk points of your deal-making process. Nobody wants the hassle of working with people that are not right for your business, and you don’t want to lose credibility by having a high team turnover rate. Theo gives a step-by-step process of putting together a team that lasts and shares some ways of presenting it the right way to your prospective investors.

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!

Click here for more info on groundbreaker.co 

Direct download: JF_2374_SS_181_Series_115.mp3
Category:general -- posted at: 7:00am EDT

David started his real estate career back when he was working as a hospital administrator in the Democratic Republic of Congo. He was looking for financial freedom and the ability to live and work wherever he wanted.

David partnered with his father, and they started a real estate business together. By the time he went back to the United States, his company has already had an impressive portfolio. To acquire these properties, they followed a simple recipe that worked: save, pay the 20% down payment, rinse and repeat. They now mostly work with small multifamily units, but they also work with commercial properties.

 

David Grabiner Real Estate Background:

  • Full time multi-family real estate investor
  • 6 years of real estate experience
  • Portfolio consist of 137 multifamily units and 14 commercial units
  • Based in Chattanooga, TN
  • Say hi to him on Instagram @Diy_landlord
  • Best Ever Book: Never split the difference - Chris Voss

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Normally, what hurts the revenue and increases expenses is when you have inefficient turnovers” - David Grabiner.

Direct download: JF_2373_David_Grabiner_.mp3
Category:general -- posted at: 7:00am EDT

Chad quit engineering because it pigeonholed him into a very narrow career path. Real estate, however, offered him plenty of opportunities without limits. His family had a real estate business, and he followed in their footsteps.

He started by acquiring a 35-unit multifamily property. It was an off-market opportunity, and the business took off from there. Since then, Chad has taught several classes on how to approach real estate brokers and leverage your perceptual position into getting off-market deals even if you’re a first-time investor.

Chad Sutton Real Estate Background:

  • Full-time real estate investor, formerly Aerospace/Mechanical Engineer
  • 2 years
  • Portfolio consists of 138 units, 5 properties
  • Based in Nashville, TN
  • Say hi to him at: www.thequattroway.com 
  • Best Ever Book: The Honey Bee

Click here for more info on groundbreaker.co 

 

 

 

Best Ever Tweet:

“What you really have to do is build that perceptual position” - Chad Sutton.

Direct download: JF_2372_Chad_Sutton.mp3
Category:general -- posted at: 7:00am EDT

Ravi’s business started with a Google search “How to make money online.” After investing in a course, he started running ads for other people. That’s how he started an advertising agency and massively scaled it.

Ravi believes that the foundations of advertising hold true no matter what business you’re in. Once you write sales letters that convert, that skill can be applied to any industry. 

Ravi Abuvala Real Estate Background: #SkillsetSunday

  • Law school dropout and founder of Scaling With Systems
  • Scaling With Systems is an accelerator that works to bootstrap and scale businesses
  • In the past 14 months, he has scaled two 7-figure businesses with less than $1,000 of his own capital & 4 commission-based employees.
  • Based in Miami, FL
  • Say hi to him at: www.scalingwithsystems.com

 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Everyone offers leads; no one offers closings” - Ravi Abuvala. 

Direct download: JF_2371_Ravi_Abuvala.mp3
Category:general -- posted at: 7:00am EDT

Chris Larsen started investing at 21. He was racing bicycles for 7 years on a professional level at the time, but he knew that he could do more with his life.

Investing gave him the feeling of freedom that riding a bicycle once did. He went on to build a portfolio of single-family rentals. Over time, he moved on to multi-family units and commercial real estate and did his first syndication in 2016. Four years and nine syndications later, Chris is here to share his perspective and experience.

 

Chris Larsen  Real Estate Background: #SituationSaturday

  • Full-time real estate investor, author, and sales executive
  • Founder of Next-level income, through which he helps investors become financially independent
  • 20+ years of investing experience
  • Experience in development, private-lending, buying distressed debt, commercial offices, and syndication
  • Based in Asheville, NC
  • Say hi to him at www.nextlevelincome.com 
  • Best Ever Book: Who Not How

 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“You don’t identify the deal first. You identify the market first.” - Chris Larsen.

Direct download: JF_2370_Chris_Larsen_.mp3
Category:general -- posted at: 7:00am EDT

In 2010, Sharad started looking for a source of passive income. That’s how he bought his first investment property. A couple of years later, he built a real estate portfolio that allowed him to quit his job as an accountant and become a full-time investor.

His business is now 60% wholesale and 40% retail deals. Now that his business is scaled and streamlined, he started looking for new venues. His company, REsimpli, was built to manage various parts of his business. Now creating a one-stop business solution is his main focus. Having a superstar team allows him to run three successful businesses at the same time.

Sharad Mehta Real Estate Background:

  • Founder and CEO of REsimpli.com, a business in a box for real estate investors
  • 10 years of investing experience
  • Portfolio consists of 75 units 90% free & clear and completed 600 deals in the last 10 years
  • Based in Toronto, CA
  • Say hi to him at: www.resimpli.com 
  • Best Ever Book: Book of Joy

 

 

 

Click here for more info on groundbreaker.co 



Best Ever Tweet:

“The goal is always to keep scaling” - Sharad Mehta.

Direct download: JF_2369_Sharad_Mehta.mp3
Category:general -- posted at: 7:00am EDT

Today Theo and Travis will be making a case for multifamily real estate as an asset class. This episode builds on previous episodes of the Actively Passive podcast that covered various industry reports and showcased in-depth information about the multifamily market.

This time, Theo and Travis are explaining why multifamily real estate is a great choice for passive investment in 2021. And while there are many nuances for each market and specific deals, some common indicators show how profitable and secure the multifamily asset class investments can currently be.

We also have a Syndication School series about the “How To’s” of apartment syndications, and be sure to download your FREE document by visiting SyndicationSchool.com. Thank you for listening!

Click here for more info on groundbreaker.co 

Direct download: JF_2368_Actively_Passive_Investing_Show_30.mp3
Category:general -- posted at: 7:00am EDT

In today's Syndication School episode, Theo Hicks shares three valuable tips that will help you maximize your profits and build trust with potential investors. These tips were originally used specifically for the crowdfunding environment. However, they can be easily adapted for raising capital in other ways.

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!

Click here for more info on groundbreaker.co 

Direct download: JF_2367_SS_180_Series_114.mp3
Category:general -- posted at: 7:00am EDT

From the music industry to IT, and then to real estate, Frank has always been fond of receiving education and learning something new. While working in IT, he picked up a few properties on the side. In 2011, he walked away from the corporate world and became a full-time investor.

Back then, he started by utilizing the power of tried and true methods of reaching people such as direct mail and networking. In 2020, people are still happy to share what they do in a casual conversation and get on the phone to discuss a deal, so old tricks do work when used properly. 

Frank Iglesias  Real Estate Background:

  • Full-time investor 
  • 11 years of investing experience
  • Portfolio consist of several rentals, construction projects, has completed 100s of deals as a wholesaler & flipper 
  • Based in Atlanta, GA
  • Say hi to him at: www.buyinvestmentassets.com 
  • Best Ever Book: Think and Grow Rich

 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Surround yourself with the best people you can afford” - Frank Iglesias.

Direct download: JF_2366_Frank_Iglesias.mp3
Category:general -- posted at: 7:00am EDT

Like many other real estate investors, Mike started his journey at a corporate 9 to 5 job. His buddy suggested branching out and becoming a landlord. Since then, has Mike grown his portfolio and has now become a property manager. Most of his properties were built before the 1940s, and few construction companies in the area could handle that kind of work. That’s why he opened his own construction company. He now has a nice cash flow coming from these adjacent fields, and his companies are working in synchrony with each other.

Mike Bonadies  Real Estate Background:

  • Full-time landlord and owner of Side By Side MRO, a construction company that specializes in pre-1940 construction & property preservation
  • Co-owns TerraVestra Property Management
  • 5 years of construction experience 
  • His personal portfolio consists of 25 units 
  • TerraVestra manages 250 doors, and his construction company works with 600 rental units
  • Based in Sewell, NJ
  • Say hi to him at www.sidebysidemro.com 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“The system includes more problem-solving in pre-1940s construction.” - Mike Bonadies.

Direct download: JF_2365_Mike_Bonadies.mp3
Category:general -- posted at: 7:00am EDT

John cut his teeth as a traditional real estate broker. He escaped the “hamster wheel” of chasing sales thanks to a mentor who put him on the fast track to investing. That paradigm shift made him see licensed agents as problem-solvers for homeowners rather than just salespeople.

Now John teaches real estate agents how to leverage their license into creating 8-10 various income streams as opposed to relying on commission alone. In this episode, he talks about his lead intake process that helps licensees make the most out of their leads.

John Chin Real Estate Background: 

  • John and Ron are the founders of Investor Agent
  • Together they have done 2,800 rentals and flip properties (mostly short sales, foreclosures, and REOs)
  • Closed over $260 Million in residential investments
  • He currently manages over 470 cash flow rentals
  • Based in Orlando, FL
  • Say hi to him at www.investoragent.com 

Click here for more info on groundbreaker.co 

 

 

Best Ever Tweet:

“You’ve got to look at your listing as just one tool in your tool chest. It’s not the main driver of your business ” - John Chin.

Direct download: JF_2364_John_Chin_.mp3
Category:general -- posted at: 7:00am EDT

Gary Beasley is the Co-Founder and CEO of RoofStock, a real estate investment marketplace. He was a previous guest on episode JF1129 where he shared more of his journey and start into real estate but today he is going to share a sticky situation where he was in the middle of a deal and lost his funding while in the middle of it and only had one month left of cash. 

Gary Beasley Real Estate Background:

  • Co-Founder and CEO of RoofStock, a real estate investment marketplace
  • Gary was co-CEO of Starwood Waypoint Residential Trust - which owned and managed 15,000 single-family rentals
  • A previous guest on episode JF1129
  • Based in Oakland, CA
  • Say hi to him at www.roofstock.com 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“It’s amazing how resilient our industry is, especially after COVID19” - Gary Beasley

 

 

 

 

Direct download: JF_2363_Gary_Beasley_.mp3
Category:general -- posted at: 7:00am EDT

Gary’s father’s death pushed him into the real estate investment path. In 2007, he emigrated to Canada from the UK, and that’s when he got serious about doing real estate full-time.

Utilizing his electrical engineering background, Gary became an owner and a contractor of several single-family properties. Through joint venturing, he managed to create a portfolio, eventually refinancing and moving on to a different phase of his life.

Gary Spencer-Smith  Real Estate Background:

  • A full-time investor for the past 8 years
  • 20 years of investing experience
  • The portfolio consists of 24 single-family homes, 5 cabin holiday resort, 110 person restaurant, houseboat, and converted a 24,000 sqft dealership into offices, storefronts, storages, and a warehouse,
  • Based in British Columbia, Canada
  • Say hi to him at: www.revnyou.com 
  • Best Ever Book: Sapiens

 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“I looked at what real estate could do for my life, and that was like a switch.” - Gary Spencer Smith.

Direct download: JF_2362_Gary_Spencer_Smith.mp3
Category:general -- posted at: 7:00am EDT

Today Theo and Travis will discuss the importance of thinking about the exit strategy before entering a deal. In a way, this is not the topic that gets covered often since most investors are not thinking ahead far enough. However, selling the asset is a vital part of the investment process.

Travis gives an example of how something that looks like a great buy at first can turn out to be a lemon if nobody wants to take it off your hands. And just because a property is at a great acquisition point, it doesn’t mean that you should jump into the deal.

We also have a Syndication School series about the “How To’s” of apartment syndications and be sure to download your FREE document by visiting SyndicationSchool.com. Thank you for listening!

Click here for more info on groundbreaker.co 

Direct download: JF_2361_Actively_Passive_Investing_Show_29.mp3
Category:general -- posted at: 7:00am EDT

In today's Syndication School episode, Theo Hicks shares some of the best practices used by Ted Greene, the Investor Relations Manager of Spartan Investment Group.

Theo shares several techniques that’ll help you build trust and form a relationship with potential passive investors. Many syndicators have been in the business for such a long time that it’s hard for them to put themselves into the shoes of someone who’s looking to become a limited partner for the very first time. And while numbers are of immense importance, one shouldn’t underestimate the power of human connection when sealing the deal.

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!

Click here for more info on groundbreaker.co 

Direct download: JF_2360_SS_179_Series_113.mp3
Category:general -- posted at: 7:00am EDT

In 2008, Gustavo’s wife got her real estate license. Seeing how well she was doing, Gustavo followed her in 2010. He was doing the real estate hustle part-time as he was still working as a Microsoft Senior Engineer. 

In 2013, he went full time, and in 2015 he transitioned into inside sales. Now his agents utilize Facebook to get motivated leads, making over 50k outbound calls every day.

Gustavo Munoz Castro  Real Estate Background:

  • Former Microsoft Senior Engineer turned Real Estate agent turned inside sales guru
  • Runs one of the largest inside sales teams for real estate in North America, 65 agents making 50k outbound dials a day
  • His Agent set 100 appointments with buyers and sellers every day, mostly from Facebook leads
  • 10 years of real estate experience
  • Based in Mexico and working in the US and Canada
  • Say hi to him at: www.powerisa.com 
  • Best Ever Book: High Output Management 

 

 

 

Click here for more info on groundbreaker.co 



Best Ever Tweet:

“The magic of Facebook is that it can be used for both scenarios, the motivated buyer and the motivated seller.” - Gustavo Munoz Castro

Direct download: JF_2359_Gustavo_Munoz_Castro.mp3
Category:general -- posted at: 7:00am EDT

Brian’s first experience with real estate started when he purchased his first house after reading Kiyosaki’s “Rich Dad, Poor Dad”. As an active duty Marine, Brian was relocated every couple of years. Every time he moved, he added a new single-family home to his portfolio. 

In 2016, he did the math and found out that he was nowhere close to his passive income goal. Looking for ways to scale, he jumped into multifamily units and formed a real estate investment firm with three partners. With his latest acquisition being a 167-unit property, he’s finally approaching his income goal and getting ready to retire from the Marine Corps.

Brian Briscoe Real Estate Background:

  • Active duty US Marine assigned to the Pentagon and co-founder of Four Oaks Capital, a multifamily investing firm
  • Host of a new podcast called “Diary of an Apartment Investor”
  • In 2007 he started in real estate with a single-family home, & in 2018 he jumped into multifamily 
  • His current portfolio consists of 5 apartment complexes; 250 units
  • Based in DC
  • Say hi to him at: www.fouroakscapital.com 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Wherever you’re at, just start small. ” - Brian Briscoe

Direct download: JF_2358_Brian_Briscoe.mp3
Category:general -- posted at: 7:00am EDT

Matthew is a returning guest from episode JF1432 and today he talks about figuring out new ways to accomplish old goals. Matt has been a full-time investor for 15 years and in that time has successfully completed projects involving dozens of fix and flips, office buildings, single-family homes, and apartment buildings.

Matt Faircloth  Real Estate Background:  

  • A full-time investor for 15 years 
  • Completed dozens of flips, office building, single-family, and apartment deals
  • He started with a 30,000 private loan and has completed over $40 million in transactions
  • A previous guest on JF1432
  • Based in Trenton, NJ
  • Say hi to him at www.DeRosaGroup.com

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Move forward with faith and take action” - Matt Faircloth

Direct download: JF_2357_Matt_Faircloth.mp3
Category:general -- posted at: 7:00am EDT

Paul has 7 years of real estate investing experience and currently completes 30-50 fix and flips per year. He also teaches students how to fix and flip and how they can create wealth with rentals to change their life.

Paul Tompkins  Real Estate Background:

  • Full-time real estate investor with his wife Kelsey
  • 7 years of real estate investing experience
  • Portfolio consist of 30-50 flips per year and holds 5 rentals per year
  • Teaches students how to flip homes and create wealth with rentals
  • Based in Tallahassee, FL
  • Say hi to him at: www.flippinexperts.com 
  • Best Ever Book: Capital Gains

 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Take a step. Focus on taking one step at a time. Take a step.” - Paul Tompkins

Direct download: JF_2356_Paul_Tompkins.mp3
Category:general -- posted at: 7:00am EDT

After leaving the Marine Corps, Megan used the GI Bill to finance her MBA. With her savings, she and her husband invested in their first house. When they moved into their second home, they rented it out and then sold it. They acquired and flipped several types of properties since then.

A career in real estate gave Megan the flexibility she needed to spend more time with her family. Just a few years into this business, she now has an impressive portfolio. Megan also hosts a local real estate meetup that has awarded her new professional relationships and opportunities.

Megan Greathouse Real Estate Background:

  • Real estate investor and mom
  • In 2019 she left her W2 to focus on family and building her real estate portfolio
  • She started by turning her first home into a rental in 2015 & buying her first outright rental in 2017
  • Portfolio consist of 10 rental units, farmland, 2 flips, & 1 wholesale
  • Based in St. Louis, MO
  • Say hi to her at: www.linkedin.com/in/mkgreathouse/

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“There’s a lot of power in having a very strong network” - Megan Greathouse.

Direct download: JF_2355_Megan_Greathouse.mp3
Category:general -- posted at: 7:00am EDT

Today Theo and Travis will be sharing a list of 5 risk profiles in real estate. And while these risk profiles are the same for any real estate, the hosts will be focusing specifically on multifamily properties.

The list ranges from A-list properties located in the country’s top markets that are considered to be cash flow properties to buildings that are considered to be high-risk investments.

And while it’s important to invest within your risk tolerance, having the property be flagged as “high risk” may not mean that it’s a bad investment. Theo and Travis share their thoughts on what can make a risky investment attractive to a limited partner.

We also have a Syndication School series about the “How To’s” of apartment syndications, and be sure to download your FREE document by visiting SyndicationSchool.com. Thank you for listening! 

Click here for more info on groundbreaker.co 

Direct download: JF_2354_Actively_Passive_Investing_Show_28.mp3
Category:general -- posted at: 7:00am EDT

In today's Syndication School episode, Theo Hicks shares a list of markets that experienced the highest rent growth in 2020. These markets performed well because of the migration trends we discussed several episodes ago. Due to Coronavirus and the increased possibilities that remote work allows nowadays, many young professionals are moving from expensive big cities to smaller towns and suburban areas that allow a lower cost of living.

Theo also shares a list of 25 markets that are projected to have the highest rent growth in 2021. This list is based on the 2021 Multifamily National Report prepared by Yardi Matrix

Click here for more info on groundbreaker.co 

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.

Direct download: JF_2353_SS_178_Series_112.mp3
Category:general -- posted at: 7:00am EDT

A divorce moved Kevin to change his career path. After working in retail, he decided to try himself in the financial sector working with mortgages. In 2007, he started a Done For You Real Estate company together with his three friends. They make investing in real estate easy by educating their clients about the market and guiding them through the closing process. Their mission is to help people replace their income and secure their future by making a conservative investment that will hold no matter what the economy’s like.

Kevin Clayson  Real Estate Background:

  • Owner of Done For You Real Estate a multi-million dollar real estate investment company
  • 15 years of real estate investing experience
  • His company has transacted around 4,000 single-family homes
  • Based in Utah
  • Say hi to him at www.dfy-realestate.com 
  • Best Ever Book: Go-Giver

 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Leave people better off” - Kevin Clayson.

Direct download: JF_2352_Kevin_Clayson.mp3
Category:general -- posted at: 7:00am EDT

Noah Rosenfarb is a full-time investor who counsels entrepreneurs that are looking for ways to enhance their wealth while working less, living more, and enjoying abundance. He has 20 years of real estate investment experience and believes that owning fractional pieces in large assets is an excellent tool to create multiple passive income streams.

Noah Rosenfarb  Real Estate Background:

  • Full-time investor
  • 20 years of real estate experience 
  • Portfolio consist of 3,500+ doors plus 500,000+ feet retail office space
  • Based in Parkland, FL
  • Say hi to him at: www.linkedin.com/in/noahrosenfarb 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“The key is having a map so you will know where you are, where you wanna be, and how you're going to get there. ” - Noah Rosenfarb

Direct download: JF_2351_Noah_Rosenfarb.mp3
Category:general -- posted at: 7:00am EDT

Sterling is a multifamily investor specializing in value-add apartments in Indianapolis and other Midwestern markets. With just over a decade of experience in the real estate industry, Sterling was involved with the management of over $10MM in capital, which is deployed across a $18.9MM real estate portfolio made up of multifamily apartments. In today we Sterling will be going into details about one of his most powerful sales tool, the follow-up.

Sterling White  Real Estate Background:  

  • Full-time real estate investor and author of “From Zero to 400 Units”
  • Over a decade of experience
  • Previous episode - JF1236
  • Portfolio consists of 400 Units
  • Based in Indianapolis, IN
  • Say hi to him at: https://www.sonderinvestmentgroup.com/ 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“The art of the followup separates the newbies from the pros” - Sterling White

Direct download: JF_2350_Sterling_White.mp3
Category:general -- posted at: 7:00am EDT

Lee Kiser was on a previous episode JF1694 so make sure to go listen to get his best ever advice on that episode. A little bit about Lee, he is a principal and managing broker of Kiser Group, and today he will be sharing with you which option you should focus on, single vs multifamily investing. 

Lee Kiser Real Estate Background:

  • Principle and Managing Broker of Kiser Group
  • Before starting Kiser Group, Lee was the top producing apartment broker in Chicago at his brokerage
  • Previous guest on JF1694
  • Based in Chicago, IL
  • Say hi to him at: www.kisergroup.com 

 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Going for single-family or multifamily will depend on your goals & what you are trying to accomplish” - Lee Kiser

Direct download: JF_2349_Lee_Kiser.mp3
Category:general -- posted at: 7:00am EDT

Dave Seymour was a firefighter for 16 years and is now a full-time real estate investor who also was on the A&E’s hit TV show “Flipping Boston”. Dave has done millions in real estate transactions and now manages a 100 million dollar fund investing in multi-family.

Dave Seymour Real Estate Background:

  • A  firefighter for 16 years and now is a full-time real estate investor
  • He was acclaimed as the star of A&E’s hit TV show “Flipping Boston” 
  • Has done millions in real estate transactions
  • Now manages a $100 million dollar fund investing in multi-family 
  • Based in Boston, MA
  • Say hi to him at: https://www.freedomventure.com/ 

Click here for more info on groundbreaker.co 

 

 

Best Ever Tweet:

“Educate don’t speculate” - Dave Seymour

Direct download: JF_2348_Dave_Seymour_.mp3
Category:general -- posted at: 7:00am EDT

Today Theo and Travis will be talking about being a passive investor in fund deals and individual deals. They’ll be discussing them from a factual point of view. Hopefully, this detailed comparison will help you figure out which deals are right for you and your real estate business. 

We also have a Syndication School series about the “How To’s” of apartment syndications and be sure to download your FREE document by visiting SyndicationSchool.com. Thank you for listening and I will talk to you tomorrow. 

Click here for more info on groundbreaker.co 

Direct download: JF_2347_Actively_Passive_Investing_Show_27.mp3
Category:general -- posted at: 7:00am EDT

In today's Syndication School episode, Theo Hicks shares 6 insightful tips on how to scale your multifamily real estate business in the best way possible. The paths you can take will vary depending on your personal goals and business objectives, but Theo’s advice will be helpful no matter if you work all by yourself, have partners, or employees. It will help you utilize your best skills and preserve your vision as you scale.

 

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 for more info on groundbreaker.co 

Direct download: JF_2346_SS_177_Series_111.mp3
Category:general -- posted at: 7:00am EDT

Peak Financing CEO, Anton Mattli, has decades of experience in commercial and investment banking, private equity, and commercial real estate. Throughout his career, he and his team have closed over 5 billion commercial transactions.

Anton Mattli  Real Estate Background: 

  • CEO of Peak Financing
  • He has 20 years of real estate experience 
  • Personal portfolio consists of 200+ units (not syndicated)
  • Based in Dallas, TX
  • Say hi to him at www.peakfinancing.com 
  • Best Ever Book: Tipping Point

 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Focus on cash flow” - Anton Mattli

Direct download: JF_2345_Anton_Mattli.mp3
Category:general -- posted at: 7:00am EDT

Elisa Zhang is the owner/principal of 1000+ unit apartment buildings via 1031 exchange and syndication. After quitting her day job to invest in real estate full-time, she is passionate about teaching others to do the same. She now focuses her time and expertise on helping typical nine-to-fivers to quit their job in 10 years or less.

Elisa Zhang Real Estate Background:

  • Quit her W2 in November 2019 to go full-time into syndication and education
  • 11 years of real estate experience
  • Portfolio consists of 8 properties as a general partner and over 1,000 units in Phoenix & Dallas.
  • Also passively invest in an additional 1,000 units
  • Based in Seattle, WA
  • Say hi to her at www.ezfiuniversity.com 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Get out there and do it” - Elisa Zhang

Direct download: JF_2344_Elisa_Zhang_.mp3
Category:general -- posted at: 7:00am EDT

Ryan is a returning guest from the previous episode JF1999 so be sure to check it out to get a full idea of Ryans background in real estate because today Ryan is going to be going into the importance of networking and why you should focus on this skill to improve your real estate business.

Ryan Groene Real Estate Background: 

  • Full-time mobile home park owner and operator
  • Has owned 7 mobile home parks totaling in 300 spaces
  • A previous guest on episode JF1999
  • Based in Charleston, SC
  • Say hi to him at ryan.groene55@gmail.com  

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“The old saying really is true - Your network is your net worth” - Ryan Groene

Direct download: JF_2343_Ryan_Groene_.mp3
Category:general -- posted at: 7:00am EDT

Lindsey Meringer and Amanda Schneider are the power couple of the month with Lindsey being a green beret and an operator in the 10th special forces group, and Amanda was also in the military and later decided to become a full-time real estate agent. They began their journey into the world of real estate in 2016 and currently have a portfolio of 5 single-family rentals, a triplex, and working on growing their portfolio even more.

Lindsey Meringer & Amanda Schneider Real Estate Background:

  • Lindsey is an operator in the 10th Special Forces Group (Airborne), a green beret
  • Amanda is a full-time real estate agent
  • They started their real estate journey in 2016
  • Portfolio consists of 5 single-family rentals, a Triplex, and currently working on a duplex to turn into a 5 unit
  • They have added 11 doors in the past 12 months with 14 overall with the goal of reaching 20 by end of 2020
  • Based in Colorado Springs, CO
  • Say hi to them at: www.TheVeteranREaltor.com 
  • Best Ever Book: The One Thing

 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Both mentorship and your community is important.” - Lindsey Meringer & Amanda Schneider

Direct download: JF_2342_Lindsey_Meringer_and_Amanda_Schneider.mp3
Category:general -- posted at: 7:00am EDT

Chris Thomas is a full-time short-term rental investor with two and half years of experience and quickly built a portfolio of 257 rentals, and managing 70 others. He has a great story of what hard work can get you in a short time period. 

Chris Thomas Real Estate Background:

  • Full-time short term rental investor
  • 2.5 years of experience
  • Portfolio consist of 257 rentals, 70 managed
  • Based in San Diego, CA
  • Say hi to him at www.getchristhomas.com 
  • Best Ever Book: Build to Sell

 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Never lose money on a deal. Reverse engineer every deal to make sure you minimize your risk.” - Chris Thomas

Direct download: JF_2341_Chris_Thomas.mp3
Category:general -- posted at: 7:00am EDT

Today Theo and Travis are talking about the current Top 10 markets for investment in multifamily property. This list is based on the annual “Emerging Trends in Real Estate” report prepared by PwC and Urban Land Institute. Travis and Theo also highlight additional takeaways from the report. This information will be helpful for both passive and active investors looking to expand their portfolio in 2021.

https://joefairless.com/top-10-markets-to-buy-multifamily-in-2021/

We also have a Syndication School series about the “How To’s” of apartment syndications and be sure to download your FREE document by visiting SyndicationSchool.com. Thank you for listening and I will talk to you tomorrow.

Click here for more info on groundbreaker.co 

Direct download: JF_2340_Actively_Passive_Investing_Show_26.mp3
Category:general -- posted at: 7:00am EDT

In today's Syndication School episode, Theo Hicks shares a list of places where most people moved to in 2020. The list is based on the U-Haul report that shows which destinations had the highest net gain of one-way trips made by people who rented U-Haul trucks. Listen to this episode. And while this information doesn’t reflect the full picture of migration happening within the USA, it still gives us a pretty clear idea of which markets are growing and which ones are declining.

Click here for more info on groundbreaker.co 

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.

Direct download: JF_2339_SS_176_Series_110.mp3
Category:general -- posted at: 7:00am EDT

Sakar is originally from India and immigrated here in 1997 to pursue MS in Clemson University. He is a full-time real estate investor who started back in 2000 after being laid off. He now has 20 years of experience and a portfolio of 200 single-family homes so some would say his “laid off” was a blessing. 

Sakar Kawle Real Estate Background:

  • Full-time real estate investor since 2001
  • 20 years of investing experience
  • Portfolio consists of 200 single-family rentals
  • Based in Ellicott City, MD
  • Say hi to him at www.premiumcashflow.com 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“You will find the scalability plays in the investors favor the more you study multifamily ” - Sakar Kawle

Direct download: JF_2338_Sakar_Kawle_.mp3
Category:general -- posted at: 7:00am EDT

Paul is a full-time investor and entrepreneur with 40 years of real estate experience and a portfolio of 555 units. Paul started when he was 17 years old and through the course of his career he did the whole gambit; wholesale, single-family, fix and flip, etc… and now he focuses on multi-unit-properties.

Paul Montelongo  Real Estate Background:

  • Full-time Investor and entrepreneur 
  • 40 years of real estate experience
  • Portfolio consists of 555 Units
  • Based in San Antonio, TX
  • Say hi to him at www.PaulMontelongo.com 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Get a mentor, I’ve been fortunate to have 3 mentors in my career” - Paul Montelongo

Direct download: JF_2337_Paul_Montelongo.mp3
Category:general -- posted at: 7:00am EDT

Sylvia Inks is a business coach, finance expert, and speaker who teaches small business owners how to make sense of their numbers so they know what to do differently and build multiple profitable income streams.

Sylvia Inks Real Estate Background: 

  • Business coach, finance expert, and speaker 
  • Focuses on teaching small business owners how to build multiple income streams
  • Author of a #1 Amazon best-selling book, “Small Business Finance for the Busy Entrepreneur - Blueprint for building a solid, profitable business”
  • Based in Raleigh, NC
  • Say hi to her at www.smifinancialcoaching.com/bestevershow 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“I constantly see small business owners make the same 5 expensive mistakes” - Sylvia Inks

Direct download: JF_2336_Sylvia_Inks.mp3
Category:general -- posted at: 7:00am EDT

Anam and Aamir Hashambhai are a husband and wife team. Anam is a marketing director for a local luxury auto group while Aamir runs a family dry cleaning business with several locations. They have been focusing on the BRRRR strategy, completing 19 properties so far, and have a goal of continued growth. 

Anam & Aamir Hashambhai  Real Estate Background:

  • Anam marketing director for a local luxury automotive group
  • Aamir runs a family dry cleaning business operation with several locations
  • They have 3 years of investing experience
  • Their current experience is with purchasing 19 properties and have completed 15 BRRRR; currently have 4 going through BRRRR progress
  • Based in Dallas, TX
  • Say hi on Instagram @rehabrental 
  • Best Ever Book: girls stop apologizing

 

 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Get started and focus on creating the best product for the best price ” - Anam & Aamir Hashambhai

Direct download: JF_2335_Anam_and_Aamir_Hashambhai.mp3
Category:general -- posted at: 7:00am EDT

Melissa Johnson has been flipping houses in San Antonio, TX since 2003, growing and expanding the business into a thriving real estate investment operation. With over 1000 houses flipped, she has also built a portfolio of rental properties and real estate notes while raising five children. She provides coaching, support, and education for other high-level real estate investors nationwide. As co-founder of the San Antonio InvestHer meets up group and an active member of the Forbes Council on Real Estate, and the National Association of Women Business Owners, she is dedicated to the success and empowerment of women in business. 

 

Melissa Johnson  Real Estate 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
  • Based in San Antonio, TX
  • Say hi to her at www.themelissajohnson.com  
  • Best Ever Book: Everything is Figureoutable 

 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Find a coach or a mentor” - Melissa Johnson

Direct download: JF_2334_Melissa_Johnson.mp3
Category:general -- posted at: 7:00am EDT

Today Travis will be sharing an infographic that will help you understand how much you need to invest in order to achieve your retirement goal. Obviously, everyone has a different number in mind, but this information will help you simplify the calculations. Travis uses $100,000 a year as a goal since that is one of the most common numbers people tend to name when asked about retirement.

We also have a Syndication School series about the “How To’s” of apartment syndications and be sure to download your FREE document by visiting SyndicationSchool.com. Thank you for listening and I will talk to you tomorrow. 

Click here for more info on groundbreaker.co 

Direct download: JF_2333_-_Actively_Passive_Investing_Show_25.mp3
Category:general -- posted at: 7:00am EDT

While working full-time, Kevin Galang and Adam Ulery are active real estate investors. Adam prefers to build his portfolio by being a syndicate partner, while Kevin primarily focuses on notes.

Prioritizing and finding a balance is the key when pursuing multiple directions. Kevin works from home, and Adam has a lot of flexibility as a consultant. They both utilize their free time to tackle and execute their real estate objectives and share their knowledge on a podcast show of their own.

Kevin Galang and Adam Ulery  Real Estate Background:

  • Kevin is a full-time software sales engineer and Adam is a business agility coach
  • 6 years of combined experience in real estate
  • Kevin’s portfolio consists of 4 performing notes and 1 nonperforming note
  • Adam’s portfolio consists of 308 doors across 6 properties
  • Based in Tampa Bay, FL
  • Say hi to them at: www.dreamstoneinvest.com and www.notenuggets.com 
  • Best Ever Book: Can't Hurt Me

 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“You need to understand how you want the system to run. A system isn’t just magically going to make your life better.” - Kevin Galang.

Direct download: JF_2332_Kevin_Galang_and_Adam_Ulrey.mp3
Category:general -- posted at: 7:00am EDT

Kris is the Chief Investment Officer for Reliant Investments a subsidiary of Reliant Real Estate Management. Reliant was one of the top 25 commercial self-storage operators in the U.S. in 2019. Kris shares some insight on how the impact of COVID-19 has impacted the self-storage asset class.

Kris Benson Real Estate Background:

  • Chief Investment Officer for Reliant Investments a subsidiary of Reliant Real Estate Management
  • Reliant was one of the top 25 commercial self-storage operators in the U.S. in 2019
  • Reliant has completed over $650 Mil in self-storage acquisitions and disposition in the past 5 years
  • Based in Roswell, GA
  • Say hi to him at: www.reliantinvestments.com 
  • Best Ever Book: Calvin and Hobbes box set

 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“You need to think about how the world is changing around us and where that may impact your strategy moving forward ” - Kris Benson

Direct download: JF_2331_Kristopher_Benson.mp3
Category:general -- posted at: 7:00am EDT

Jim Monk is the founder of Clozzits which he started up after reviewing needs in the multi-family industry for optimized closet space. His goal is to differentiate beyond the normal amenities and tap into a new area of construction development, renovations, and property management. Jim has 2 years of experience in multifamily ownership with 623 units himself but his primary focus has been bringing superior closets to billion-dollar multifamily companies

Jim Monk Real Estate Background: 

  • Founder of Clozzits, Clozzits is dedicated to increasing NOI & overall asset value resulting in immediate rent increase at an average of 2-5% 
  • 2 years experience in multifamily ownership with 623 units 
  • His current focus is optimizing closet space for multifamily companies
  • Based in Dallas, TX
  • Say hi to him at: www.clozzits.com 
  • Best Ever Book: Blitz Scaling

 

 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Trust your team” - Jim Monk

Direct download: JF_2330_Jim_Monk.mp3
Category:general -- posted at: 7:00am EDT

Jack is the president and founder of Gelt Financial Corporation and has experience in buying and financing over 10,000 properties and today he wants to share with you all the lessons you must learn to save yourself money in buying or selling properties. Jack was a previous guest on episode JF1675 so be sure to go check his previous episode out when you have time.

Jack Miller Real Estate Background:

  • President and Founder of Gelt Financial Corporation
  • Since founding Gelt, has made over 10,000 loans in excess of $1 billion
  • A previous guest on episode JF1675
  • Based in Boca Raton, FL
  • Say hi to him at www.geltfinancial.com 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“You don't have to do that many good deals to make a fantastic living, so focus on the best deals” - Jack Miller

Direct download: JF_2329_Jack_Miller.mp3
Category:general -- posted at: 7:00am EDT

Kevin is the CEO of MVP Equities, a multifamily real estate developing company. In high school, he was fortunate enough to have a vocational program where the school would bus the students off-site to build a house from scratch and eventually auction it off for charity. Now he focuses on helping his investors acquire land, entitle, develop, and build for a profit.

Kevin Palka Real Estate Background:

  • CEO of MVP Equities a multifamily real estate developer
  • 18 years of real estate experience
  • MVP focuses on acquiring land, entitle, develop and build.
  • Based in Vienna, VA
  • Say hi to him at: www.MVPequities.com   
  • Best Ever Book: The Road Less Stupid

 

 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Find a partner or mentor to work with you on your first project” - Kevin Palka

Direct download: JF_2328_Kevin_Palka.mp3
Category:general -- posted at: 7:00am EDT

Eric purchased his first apartment building at just 18 years of age while still at university. After graduation, in his position as an actuary, he was dismayed to see hundreds of company pension plans being rolled over into 401(k)s shifting the retirement risk to employees. This made him reconsider traditional beliefs about retirement saving. It also made him question his role as an actuary so he joined the lucrative technology industry. A few years later he lost a fortune during the Dot com crash of 2001 and he started looking for ways to earn passive income and stop trading time for money. He started various businesses, including a gourmet sauce company, but eventually came back to his first love of real estate investing and formed MartelTurnkey with his sons. After just four years of rapid success he was able to retire from his day job. Now he wants to share what he’s learned so you don't make the same mistakes he did.

Eric Martel Real Estate Background:

  • Full-time real estate investor for over 4 years
  • Owns a turnkey rental provider; selling 10 properties a month
  • Portfolio consist of 100 units in midtown Memphis
  • Based in Los Angeles, CA
  • Say hi to him at https://martelturnkey.com/

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Just take action, I think people are waiting and hoping for the greatest deal ever.” - Eric Martel

Direct download: JF_2327_Eric_Martel.mp3
Category:general -- posted at: 7:00am EDT

Today Theo and Travis will be sharing their opinion of the 401(k)aos book written by Andy Tanner, as well as their personal experience with 401k retirement investments.

For Travis, this book was one of the defining moments that helped him determine what kind of investor he’d like to be. Travis shares five bullet points made by Andy Tanner in the book and his personal takeaways.

We also have a Syndication School series about the “How To’s” of apartment syndications and be sure to download your FREE document by visiting SyndicationSchool.com. Thank you for listening and I will talk to you tomorrow. 

Click here for more info on groundbreaker.co 

Direct download: JF_2326_Actively_Passive_Investing_Show_24.mp3
Category:general -- posted at: 7:00am EDT

In today's Syndication School episode, Theo Hick discusses the best 20 markets to buy multifamily properties. He also shares the 3 rules that will keep your investments safe and sound no matter the current state of the economy. As long as you’re buying right, your deals will be well-maintained even during the time of economic uncertainty.

 

Theo based his list of 20 trending markets on the annual report put together by PWC and the Urban Land Institute. Over 3000 real estate professionals have been interviewed in order to put together an in-depth 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 for more info on groundbreaker.co 

Direct download: JF_2325_SS_175_Series_109.mp3
Category:general -- posted at: 7:00am EDT

Ron is a full-time wholesaler with 20 years of experience with a portfolio consisting of 10 rentals and has completed over 4,000 deals since 1999. Prior to finding his calling as a wholesaler he was an auto mechanic and ended up hurting his back. While he was recovering from his back surgery he started to look into real estate and now the rest is history.

Ron Walraven Real Estate Background:

  • Full-time wholesaler
  • 20 years of real estate investing experience
  • Portfolio consist of 10 rentals and has completed over 4,000 deals since 1999
  • Currently wholesales 150+ a year
  • Based in Troy, MI
  • Say hi to him at https://waymarkhomes.com/

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“To be diligent and not to give up” - Ron Walraven

Direct download: JF_2324_Ron_Walraven_.mp3
Category:general -- posted at: 7:00am EDT

Ragan Mckinney started her own brokerage in 2019 and for the year was named The Southern Ohio Association of Realtors “Top Sales Team”. Along with being recognized for having the most sales as a team, Ragan McKinney Real Estate was also awarded the Platinum award for the fourth year in a row. In the past 5 years, Ragan has been involved in over 600 real estate transactions and is focused on growing her business and becoming the local one-stop spot to service anyone's real estate needs. 

 

Ragan Mckinney Real Estate Background:

  • Full-time real estate investor and broker 
  • Has been investing for over 20 years
  • Portfolio consist of 19 rentals, 1 vacation rental, and has flipped 11 properties a year 
  • Based in Hamersville, OH
  • Say hi to her at www.raganmckinney.com 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Don’t fix them as if you’re going to live in them forever” - Ragan Mckinney

Direct download: JF_2323_Ragan_McKinney.mp3
Category:general -- posted at: 7:00am EDT

Matthew Ryan is a social entrepreneur, founder of Re-viv, which addresses the market inefficiencies in community revitalization efforts. Matthew was on the show before on episode JF1593 so be sure to go and check it out to learn more about his background. Today Matthew will be diving into “the what, why, and how of co-living”.

 

Matthew Ryan  Real Estate Background: 

  • A social entrepreneur, founder of Re-viv, which addresses the market inefficiencies in community revitalization efforts
  • Primarily focuses on the multifamily value-add and development space in distressed areas
  • A previous guest on episode JF1593
  • Based in San Francisco, CA
  • Say hi to him at www.re-viv.com 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“The best way to think about co-living is monetizing an existing market” - Matthew Ryan

Direct download: JF_2322_Matthew_Ryan.mp3
Category:general -- posted at: 7:00am EDT

Kevin started his journey down the real estate road by reading “Rich Dad, Poor Dad”. He left his full-time W2 in tech sales in September 2019 and is now a full-time real estate investor with 7 years of investing experience. He now has a portfolio that consists of 25 rentals and is a general partner in a 208 unit deal. He is currently the managing partner of Altus Investment Group, a fast-growing private equity firm with 35AUM that specializes in acquiring,  repositioning, operating, and selling residential and commercial properties that are underperforming.

Kevin Dugan Real Estate Background:

  • Left his full-time W2 tech sales job in September 2019 and is now a full-time real estate investor
  • 7+ years of real estate investing experience
  • Portfolio consist of 25 single-family rentals, 208 unit General Partnership side, and Limited partnership
  • Based in Los Angeles, CA
  • Say hi to him at: www.altusig.com 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“People should buy based on how much cashflow a property will produce” - Kevin Dugan

Direct download: JF_2321_Kevin_Dugan.mp3
Category:general -- posted at: 7:00am EDT

Bruce is the founder, and owner of Bakerson, a multifamily syndication business. Growing up in the bakery business in the Twin Cities of Minnesota, Bruce wanted to pay homage to his now late father, hence the name “Bakerson”. He has a proven track record of success throughout Bakerson’s nearly 18 years in business with thousands of individual units bought, repositioned, and sold. His personal portfolio consists of 250 units and he focuses on finding good deals while his passion is serving the residents by providing them with one of their basic human needs - shelter.

Bruce Wuollet Real Estate Background:

  • Owner of Bakerson, full-time multifamily syndicator
  • Over 18 years of real estate investing experience
  • Bakerson has bought thousands of individual units, repositioned them, and sold
  • Personal portfolio consists of 250 units
  • Track record of 16 multifamily - 850 units and transacted over 2000 single-family homes
  • Based in Phoenix, AZ
  • Say hi to him at www.bakerson.com 
  • Best Ever Book: Relentless

 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Always adapt” - Bruce Wuollet

Direct download: JF_2320_Bruce_Wuollet.mp3
Category:general -- posted at: 7:00am EDT

Today Theo and Travis will be answering 10 questions about time freedom. Everyone wants to have more time and freedom to spend it however they like; that’s why most people get into investing, active or passive, to begin with.

When asked to list their biggest regrets about life, most people in retirement homes state lack of time spent with friends and family, as well as not going after their dreams and aspirations. With the help of 10 questions, Theo and Travis hope to give you ideas on how to go after the life you want in 2021. No more waiting for retirement!

We also have a Syndication School series about the “How To’s” of apartment syndications and be sure to download your FREE document by visiting SyndicationSchool.com. Thank you for listening, and I will talk to you tomorrow. 

Click here for more info on groundbreaker.co 

Direct download: JF_2319_Actively_Passive_Investing_Show_23.mp3
Category:general -- posted at: 7:00am EDT

In today's Syndication School episode, Theo Hicks shares the most common red flags that you should recognize before presenting syndication deals to potential passive investors. Not every red flag is a deal-breaker if presented the right way.

In this series, Theo lists 26 common red flags that stand in the way of finding investors and closing deals. To learn about the rest of them, make sure to check out the other three parts. 

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 for more info on groundbreaker.co 

Direct download: JF_2318_SS_174_Series_108.mp3
Category:general -- posted at: 7:00am EDT

Kevin is the co-founder at InvestNext, a software that modernizes the way real estate syndicators raise and manage capital. Prior to funding InvestNext, he was employee #2 at the college career network startup, Handshake, where he contributed to initial product development efforts. Handshake is currently valued at over $400 million and it is the leading college-to-career recruiting platform in the nation. Today, Kevin is honored to be part of the season team of software engineers and a real estate professor.

Kevin Heras Real Estate Background:

  • CEO & Co-founder of InvestNext, software that modernizes the way real estate syndicators raise & manage capital
  • 5 years of real estate experience
  • InvestNext platform has hosted 230+ syndications worth over $1 billion
  • Based in Detroit, MI
  • Say hi to him at www.investnext.com 
  • Best Ever Book: Crossing the Chasm

 

 

 

 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“The benefit of InvestNext is being able to manage and raise your capital” - Kevin Heras

Direct download: JF_2317_Kevin_Heras.mp3
Category:general -- posted at: 7:00am EDT