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Passive Income Through Multifamily Real EstateEpisode #315: Achieving Financial Goals through Real Estate Investing with Jenny Gou (Best Of Episode)Welcome to another episode of Passive Income through Multifamily Real Estate. During today’s conversation, our new host, Peter Pomeroy, speaks with Jenny Gou, managing partner at Vertical Street Ventures. Jenny has recently been named one of Bigger Pockets Wealth Magazine’s top 40 under 40, and during today’s conversation, she tells us how her humble beginnings keep her thankful for every milestone of success. Listeners will gain insight into Jenny’s career at Procter & Gamble prior to starting Vertical Street Ventures, how she found her mentor, Steven Louie, and why she made the decision to quit her job before purchasi...
2023-10-0935 minPassive Income Through Multifamily Real EstateEpisode #284: Professional Development and the Success of a Team with VSV Managing PartnersWhat a special episode we have for you today as we are joined by the Managing Partners of Vertical Street Ventures (VSV), Jenny Gou, Steven Louie, Kyle Mitchell, and Kiyoshi Simon! The quartet is here to explain how VSV became one of the most recognized investment firms and educational platforms in the multifamily space. Our guests attribute a huge part of their company’s success to the way they’ve prioritized professional development, especially because the focus of these programs has shifted over the years to align with their current circumstances, and we learn why they would not have reac...
2023-03-0625 minPassive Income Through Multifamily Real EstateEpisode #277: Apartment Investing and Action-Based Faith with Brian BriscoeMany real estate investors' goal is to transition from part-time turnover to full-time passive income. Our guest today retired from the Marine Corps and is now a full-time apartment investor. Brian Briscoe is a member of the Streamline Capital Group, the Director of multifamily investing community, The Tribe of Titans, and the host of the Diary of an Apartment Investor podcast. In this episode, Brian shares his advice for evaluating potential general and/or operating partners and breaks down the value of the CEO structure. We learn about his entry into real estate, the respective goals of his various...
2023-01-1636 minPassive Income Through Multifamily Real EstateEpisode #276: Finding Opportunities in Real Estate with Jeff GreenbergOur guest today on the podcast is Jeff Greenberg, the CEO of Synergetic Investment Group, SIG. Through his SIG wealth fund, a diversified and customized equity fund, SIG provides the opportunity for high-net-worth individuals to passively invest in commercial real estate with best-in-class commercial deals and syndicators. As listeners join in, they’ll hear from Jeff about how he got into real estate and why he went into creating a fund. He shares with us the different opportunities associated with his fund, then talks about how to identify and find new sponsors. We touch on the impending recession and ho...
2023-01-0930 minPassive Income Through Multifamily Real EstateEpisode #275: Becoming an Airbnb Landlord with Jorge ContrerasFrom humble beginnings and short-term paralysis to full health and a seven-figure salary! That is the journey of today’s guest, real estate investor and Airbnb coach, Jorge Contreras. Jorge overcame his troubles of the past and used determination, discipline, and an insatiable will to learn to retire at 29 and become a millionaire the next year! He walks us through how he became an investor and pays close attention to what pulled him toward Airbnb, before detailing what was going on in his mind when he made his first major investment of $35,000. We discuss the differences between Airbnb subleasing and...
2023-01-0236 minPassive Income Through Multifamily Real EstateEpisode #274: Investing in Opportunity Zone Funds with Mike HardyQualified opportunity zone funds boast the incredible benefit of possible tax-free returns, and joining us today to share more on the topic is mortgage banking juggernaut, entrepreneur extraordinaire, life-coach, speaker, and Co-Founder of Cyrus Opportunity Zone Fund, Mike Hardy. Mike has over two decades of experience in securities, mortgage banking, and fund management, managing over $500 million in annual funding volume, and he tells us exactly how he found his way to mortgage banking. Then, we discuss his fears around the impending recession, why he believes that the housing market will not crash, what a qualified opportunity fund (QOF) is...
2022-12-2635 minPassive Income Through Multifamily Real EstateEpisode #273: Successfully Unemployed with Dustin HeinerSuccessfully unemployed at 37, our guest today, Dustin Heiner, is on a mission to help everyone successfully quit their job. Through his various channels, including his company and best-selling book, Dustin has become one of the leading experts in real estate helping students become successfully unemployed! As you tune into this episode of the Passive Income Through Multifamily Real Estate podcast, you’ll hear from Dustin about what shoved him into becoming a real estate investor and the concept of being unsuccessfully unemployed. He shares with us why now is the best time to invest, why he’s involved in side...
2022-12-1940 minPassive Income Through Multifamily Real EstateEpisode #272: How to Make More than a Million a Year with Zack BootheJust a few years ago, Zack Boothe was cleaning windows for a living. Today, he lives his dream as a real estate investor making over a million dollars per year and helping others to see how simple it is to make money from real estate. He is here today to share his insider’s secrets to finding massively discounted properties, regardless of your experience level. Tune in to hear his story of finding wholesaling success through the game-changing resources and relationships he found along the way. There is a lot to learn from this inspiring industry leader, who attributes th...
2022-12-1233 minPassive Income Through Multifamily Real EstateEpisode #271: The Game-Changing Value of Virtual Assistants with Valerie ShirahValerie Shirah is a mom who homeschools her three kids and manages multiple businesses. Today she joins us to share how the services of a virtual assistant help her to juggle her many responsibilities. In this episode, she explains how her husband’s Parkinson’s diagnosis first led her into the world of real estate investment, how she discovered the value of using a virtual assistant, and why she is now so passionate about helping other investors manage their time and experience massive growth through the use of virtual assistants. She explains how her company, The Streamline Team helps peop...
2022-12-0530 minPassive Income Through Multifamily Real EstateEpisode #270: How To Be an Investor, Not a Spectator with Charles DobensIt is time to understand what it means to actively own and walk the process of having units, not just use your investments as boasting rights and career leverage. Charles Dobens, a multi-family investor, explains how he successfully built a law practice, why felt drawn to create a coaching program, and how the 2008 financial crisis paved the way for his journey. Having started his career in investment at the very bottom, Charles recalls the struggles, successes, and failures that got him to where he is today. He gives advice on how to retain your investors and manage brokers, why...
2022-11-2836 minPassive Income Through Multifamily Real EstateEpisode #269: What Sales Can Teach Us About Multi-Family Real Estate with Jeff DavisWhen the financial crash hit in 2008, it was a huge shock for the country. Similarly, the COVID-19 pandemic was an unanticipated (and unprecedented) event, the effects of which continue to be felt by the entire global economy. The current economic downturn that we are experiencing, however, is somewhat different as it is something that has been predicted for months, giving us more time to adapt and strategize. No one is more aware of this than today’s guest, Jeff Davis, whose work for a global logistics firm has given him unique insight into how changes in global supply and de...
2022-11-2132 minPassive Income Through Multifamily Real EstateEpisode #268: Interim Financing with Ethan GaoOur goal is to help you get educated on how to create passive income for you and your family, using real estate as your vehicle. Joining us in conversation today is Ethan Gao, a real estate investor and key principal, where he guarantees loans and provides interim capital. During our conversation, he tells the story of leaving his career in the legal profession and realizing that he could make money by simply signing on loans. Hear why he became a life insurance agent and why he places so much value on having a good team. We explore what Ethan...
2022-11-1438 minPassive Income Through Multifamily Real EstateEpisode #267: The Key to Investing in Tertiary Markets with Solomon FloydToday on Passive Income Through Multifamily Real Estate, we are joined by CEO and Founder of Reunion Investments LLC, Solomon Floyd. Solomon is a real estate investor and developer who focuses on real estate investing in tertiary markets. His experience in real estate and business guides him to develop communities that are often ignored due to their size and lack of infrastructure. This approach has led investors to extremely profitable returns, and a better understanding of fostering the right economic conditions for market growth. As you’ll discover in today’s episode, Solomon’s previous military experience informs his approa...
2022-11-0738 minPassive Income Through Multifamily Real EstateEpisode #266: How to Raise Capital, Generate Leads, and More by Appearing on Podcasts with Trevor OldhamHaving trouble finding quality leads for your real estate business? Want to learn how other investors connect with accredited investors from around the globe? Trevor Oldham can help! Trevor is the Founder and CEO of Podcasting You, the leading podcast booking agency for real estate investors. He launched Podcasting You in 2017 after he saw a need to help exceptional real estate investors like you share their stories on top-rated podcasts. To date, Podcasting You has worked with investors from all real estate product types to help them raise capital, generate more exposure, and increase their networking opportunities. Listening in...
2022-10-3132 minPassive Income Through Multifamily Real EstateEpisode #265: The 203k Way with Matt PorcaroBreaking into the world of real estate requires initial capital to begin your investment journey, creating a barrier for many people. But what if there was a way to get around the capital you need to get started? In today’s episode, we speak to Matt Porcaro, creator of The 203k Way, a community dedicated to helping you leverage the 203k loan in order to take your first step to becoming a real estate investor. Matt spent years trying to enter the real estate market, and through trial and error, he heard about a government-backed renovation loan that catapulted hi...
2022-10-2430 minPassive Income Through Multifamily Real EstateEpisode #264: Career Crossover, Diversity, and Networking with K. Trevor ThompsonShifting over to multifamily real estate may not be as huge a leap from your current profession as it may seem. Our guest today has an extraordinary career background, and in this episode, he shares how the basic operational skills he gleaned in his previous endeavors cross over seamlessly into the multifamily space. K. Trevor Thompson has over 47 years of entrepreneurial experience and, in the realm of real estate, has invested in over 20 properties as a limited partner and carried out two syndications as a general partner. In a personal capacity, his investments in apartments exceed 1,250 units! Today, we...
2022-10-1733 minPassive Income Through Multifamily Real EstateEpisode #263: Wholesaling and Financial Freedom in a Fragile Career with Satch BernhardtWholesaling is anything but a widely understood aspect of the real estate business. Joining us today to break it down is multifamily investor and former airline pilot, Satch Bernhardt. Satch’s airline shut down during the pandemic, but fortunately, his livelihood was secure as his real estate company, Bernhardt Capital, was already in full swing. In this episode, we learn about the fragility of the airline pilot career and Satch’s mission to provide his peers with financial freedom. Satch fills us in on the viability of wholesaling in a cooling market and what he includes in his contracts to e...
2022-10-1029 minPassive Income Through Multifamily Real EstateEpisode #262: Making Your Investments Recession Proof with Mark KhuriWhen the COVID-19 pandemic first resulted in highly restrictive lockdowns around the world, the global economy could not be shielded from its effects. Similarly, the current economic climate has been made especially volatile by significant world events such as the war in Ukraine, rising inflation, and a looming recession. All of this has also had an undeniable impact on the real estate market. Today on the show we welcome Mark Khuri, Vice President and Co-Founder of SMK Capital Management to discuss the pivots his company has made to ensure that their investments can withstand the dramatic ups and downs...
2022-10-0331 minPassive Income Through Multifamily Real EstateEpisode #261: Prioritizing Your Own Portfolio with David RobinsonBeing a successful real estate broker should not stop you from managing and caring for your portfolio of investments, especially as you grow in stature in the field. Today's guest, Canovo Capital's CEO and Founder, David Robinson, took some time to realize that he needed to make space to invest for himself too, and in this episode, we hear from him about exactly what that has meant. Canovo is a boutique real estate investment firm situated in Salt Lake City, and our guest is also the host of The Lead Sponsor podcast, where he helps to educate his audience...
2022-09-2632 minPassive Income Through Multifamily Real EstateEpisode #260: Casmon Capital Group, Investor Avatars, and Marketing with John CasmonWelcome to another episode of Passive Income Through Multifamily Real Estate! Today we are joined by the incredible founder of the Casmon Capital Group, John Casmon to discuss all things investment! John has had an extensive career; from marketing for massive corporate companies to sharing knowledge with people wanting to invest in real estate. Tuning in, you’ll hear all about John’s career, his company Casmon Capital and what they are currently focused on, and the company’s two-pronged approach. We delve into the importance of controlling the exit, finding a good balance between cash flow and appreciation, and wh...
2022-09-1933 minPassive Income Through Multifamily Real EstateEpisode #259: Part Two of Our Series on Property Management Companies With Anthony DeAugustineToday’s episode is the second half of a two-part series on property management companies. In part two we’ll be focusing on smaller properties, namely ones that contain under 100 units. Here to help us unpack this fascinating topic is Anthony DeAugustine, the owner of Avant Garde, where he serves as president along with doing the hands-on work of being a designated broker. Tuning in you’ll hear Anthony give an overview of Avant Garde’s offers, how they help their clients invest, and learn how the needs of owners have shifted in response to macroeconomic trends. Anthony explains some of...
2022-09-1221 minPassive Income Through Multifamily Real EstateEpisode #258: Part One of Our Series on Property Management Companies With Lani B. PorterToday’s episode is the first in a two-part series on property management companies. In part one we’ll be focusing on large properties that contain over 100 units. Joining us today to help unpack this expansive topic is Lani B. Porter, Executive Vice President and managing director at CALCAP Properties, a sizable property management company that runs its operations throughout the southwest. Not only does Lani have an impressive background in operations, she also has extensive experience on the executive level, having worked in senior management positions for companies like American Residential Properties and EmotiveVR. In our conversation, we disc...
2022-09-0525 minPassive Income Through Multifamily Real EstateEpisode #256: Doubling Down on Self-Storage with Tom DunkelSelf-storage has always been one of the most dependable asset classes in real estate investment, and on today's show we are lucky enough to sit down with Tom Dunkel from Belrose Storage Group to hear all about the business he and his team have built in the space! Our guest does a great job of sharing the process that Belrose goes through when evaluating deals, the best facilities for their needs, and why their hold period is so much shorter than the norm. We also get to cover some of Tom's thoughts about credit lending, looking for off-market deals...
2022-08-2231 minPassive Income Through Multifamily Real EstateEpisode #255: The Power of a Good Track Record with Deepa Reddy AkulaNo matter your level of experience in the world of real estate investment, there are always avenues to explore that can take you and your business to the next level. Today on the show we have the wonderful and insightful Deepa Reddy Akula, and she shares a host of lessons she has learned on the way to becoming a general partner! She speaks about the time she spent in the role of limited partner and then transitioning beyond this, as well as the deep learning and research that she put in before even touching her first deal! Deepa's journey...
2022-08-1533 minPassive Income Through Multifamily Real EstateEpisode #254: How Doctors Invest with Dr. Calvin Lowe, MDMost of us perceive doctors as individuals who are wealthy by default. But while they may earn comfortable salaries, that doesn’t automatically ensure financial freedom. They are subject to long hours and their income is tied to substantial taxation. This is one of the primary reasons why passive investing should form a key part of any doctor’s financial plan. Here today to help us further understand this topic is Dr. Calvin Lowe, MD. Dr. Lowe specializes in pediatric emergency medicine at Children's Hospital in Los Angeles and is the founder of PEACEquity, LLC, the family real estate firm...
2022-08-0825 minPassive Income Through Multifamily Real EstateEpisode #253: Navigating the Current Market Situation with Julie Anne PetersonIf you want the inside scoop on the current market situation, you’ve come to the right place. Today’s guest, Julie Anne Peterson is a senior director for Old Capital Lending and founder of Zoom@8, a platform connecting new and experienced investors and opening up real estate doors for people across the world! As you probably know, inflation rates and cap rates are high and rising, so in this episode, Julie offers valuable advice on how lenders and borrowers should be thinking about their investments currently, what changes to expect in the coming months, and the Old Capital Lend...
2022-08-0131 minPassive Income Through Multifamily Real EstateEpisode #252: Investing Wisely to Create Real Wealth with Rich FettkeAfter a major health scare, Rich Fettke and his wife, Kathy, made a decision to enter the world of real estate investing. And they have never looked back! To date, their company, RealWealth, has helped over 60 000 people over $1.1 billion in assets. As the name of their company suggests, Rich and Kathy’s goal is to help people create real wealth, which means a whole lot more than just having a lot of money in the bank. During this episode, Rich explains the difference between being rich and being wealthy, what the four stages of financial freedom look like, and hi...
2022-07-2534 minPassive Income Through Multifamily Real EstateEpisode #251: The Importance of Passive Income and the Power of Philanthropy with Dr. Joshua EspejoWelcome back to the Passive Income through Multi Family Real Estate Podcast! Today we have Joshua Espejo with us, a practicing dentist passionate about helping other practitioners to leverage passive income so that they can live a life that is meaningful to them. After suffering from an extreme injury in his final year of dental school, he had a mindset shift, realizing that anything is possible - both good and bad. Since then, he has lived a life of intention with a deep desire to help others. Tune in to hear his perspective on the life of a dentist...
2022-07-1826 minPassive Income Through Multifamily Real EstateEpisode #250: How to Start a Real Estate Technology Company With Jake MarmulsteinRunning a Real Estate Investment Trust (REIT) can be a tricky balancing act; especially during its earlier stages. Growth is undoubtedly a big priority for any business that’s starting out. But if your back-end operations are in disarray then that growth becomes increasingly difficult to achieve and maintain. Back in 2012, Jake Marmulstein was underwriting distressed hotel investments for Watermark Capital Partners, a private REIT based out of Chicago, when he realized that there had to be a better way to do syndication. After feeling overwhelmed with data, and without any technology or software available to support the process, Ja...
2022-07-1126 minPassive Income Through Multifamily Real EstateEpisode #248: Unlocking the $10T Pool of Untapped Retirement Assets with Dan KryzanowskiEveryone wants a comfortable retirement. Passive investing is one tool you can use to ensure you spend your retirement years doing what you love, but there are ways to make your 401k work for you in the meantime! Today’s guest is Dan Kryzanowski, an active capital raiser, equity owner, and passive investor generating double-digit yields and lower taxes via commercial real estate. His investment portfolio includes more than 2,600 storage units, over 1,500 apartment units, and dozens of industrial infrastructure properties. Dan has personally raised millions of dollars from accredited investors and family offices and is the Founding Vice President of...
2022-06-2732 minPassive Income Through Multifamily Real EstateEpisode #247: A Practical Guide to Note Investing with Fred MoskowitzThere are no hard and fast rules when it comes to note investing, but a little guidance goes a long way for those who are unfamiliar with this particular investment strategy. Today’s guest is Fred Moskowitz, an educator and a bestselling author who has trained countless investors from all walks of life on how to create passive income streams of their own. As a fund manager, Fred manages a mortgage note investment fund and is considered an industry veteran within the note investing arena. He prides himself on being a trusted and valued resource in the arena of al...
2022-06-2034 minPassive Income Through Multifamily Real EstateEpisode #245: A Data Scientist’s Journey in Real Estate with Neal BawaNeal Bawa, otherwise known as the Mad Scientist of Multifamily, joins us today for a discussion about how he has used his data science background to make a memorable mark on the real estate industry. Neal’s insatiable curiosity, his persistence, and his drive to disrupt have led to him being in charge of a $1 billion multifamily portfolio with 700 team members, not to mention that he is one of the most in-demand speakers in the commercial real estate space! During this episode, Neal explains what Super Value Add projects are, what drove him to start doing them, and why he...
2022-06-0645 minPassive Income Through Multifamily Real EstateEpisode #244: High-Level Pattern Recognition with Nick SantonastassoBy now, most of us have heard about why coaching is so central to any sort of professional or personal progress. Here on the show today to drill down on this subject and share his amazing journey and philosophy toward growth is Nick Santonastasso, the author of Victim to Victor: How to Overcome the Victim Mentality to Live the Life You Love. Nick is also a keynote speaker at our upcoming Vertical Street Ventures National Conference. This conversation serves as a great introduction to Nick's passion and insight and is sure to get you even more motivated to go...
2022-05-3035 minPassive Income Through Multifamily Real EstateEpisode #243: Creating Communities Out of Apartments with Bruce WuolletToday’s guest is Bruce Wuollet, the Founder and Owner of Bakerson LLC. Growing up in the bakery business in the Twin Cities in Minnesota, Bruce wanted to pay homage to his late father (hence the name, Bakerson). After trying his hands in a few different ventures in Minnesota, Chicago, and Phoenix, he finally found his niche in real estate. With a proven track record of success throughout Bakerson’s 20-year history and thousands of individual units bought, repositioned, and sold, Bruce has overseen all aspects of the business, from operations, acquisition, and project leadership to equity fund management, synd...
2022-05-2334 minPassive Income Through Multifamily Real EstateEpisode #242: Leveraging the Expertise of Others for Greater Success with Diana LinYou’ve probably heard that the three most important things in real estate are location, location, location, but today’s guest believes that successful deals are more often about the people you invest with than anything else! Today, Peter Pomeroy speaks with architect and multifamily investor, Diana Lin, who focuses on acquisitions, strategic direction, and asset management at Navi Ventures. She is also an AIA Licensed architect with over 10 years of experience as a Project Manager and Project Architect in New York, Texas, and China. In her career as an architect, Diana designed and managed large-scale, award-winning buildings in offi...
2022-05-1632 minPassive Income Through Multifamily Real EstateEpisode #240: Achieving Financial Goals through Real Estate Investing with Jenny GouWelcome to another episode of Passive Income through Multifamily Real Estate. During today’s conversation, our new host, Peter Pomeroy, speaks with Jenny Gou, a managing partner at Vertical Street Ventures. Jenny has recently been named one of Bigger Pockets Wealth Magazine’s top 40 under 40, and during today’s conversation, she tells us how her humble beginnings keep her thankful for every milestone of success. Listeners will gain insight into Jenny’s career at Procter & Gamble prior to starting Vertical Speed Ventures, how she found her mentor, Steven Louie, and why she made the decision to quit her job before p...
2022-05-0236 minPassive Income Through Multifamily Real EstateEpisode #235: The Process of Managing Your Finances and Protecting Your Livelihood with Tom LauneWelcome to another episode of Passive Income Through Multifamily Real Estate. Joining us in conversation today is Tom Laune, founder of Bulletproof Wealth. Tom kicks off our conversation by giving us an overview of how banks make money and why that is important, before he gives us a definition for another way to process your money: infinite banking, which originated in Austria. He tells the story of losing his high-frequency hearing while working in the music industry, which sparked his realization that it’s so important to protect your livelihood. It was also through this experience that he learned th...
2022-03-2850 minPassive Income Through Multifamily Real EstateEpisode #234: Broadening Horizons and Escaping Your Comfort Zone with Becca HintergardtPassive income is fast becoming an ideal investment strategy in real-estate and property sectors. However, passive investments can be complicated and overwhelming to first-time property investors and stopping people from taking full advantage of the approach. In today’s episode, we tackle this issue with Becca Hintergardt, who is a multi-family investor who specializes in apartment buildings and development of passive income using real-estate. The passive investments are what Becca believes has provided her not only financial freedom, but a better quality of life as well and her aim is to educate as many people as possible about using re...
2022-03-2134 minPassive Income Through Multifamily Real EstateEpisode #233: Acquiring Redondo Tower with Kyle MitchellWelcome to another episode of the Passive Income through Multi-Family Real Estate Podcast. Today, we welcome a new host, Peter Pomeroy, who interviews our own Kyle Mitchell about our recent acquisition of the Redondo Tower. Tune in to hear how a property’s inequalities can create opportunity for investors, why micro-units are trending, and what benefits you have when you purchase an older high rise. We talk about location and marketing budget, and the capital required to transform a property. There are big plans to transform the property, and Kyle talks us through what needs to happen to upscale it...
2022-03-1431 minPassive Income Through Multifamily Real EstateEpisode #225: Multifamily Over the Stock Market with Sandhya Seshadri (Replay)Joining us on the show today is Sandhya Seshadri, founder and CEO of Texas Twilight Investments/Multifamily 4 You. Sandhya is currently a general partner and key principal in 476 doors and a passive investor in over 2500 others. She intended to remain mostly passive for the stress-free cash flow but has one or two assets which she actively manages to qualify as a full-time real estate professional, thereby making the most of certain tax benefits. Sandhya is a firm believer that most wealthy people are in some way involved in real estate, so after building her wealth from the s...
2022-01-1723 minPassive Income Through Multifamily Real EstateEpisode #189: The Parallels between Sales and Real Estate with Joseph FungThe qualities needed to be an excellent salesperson are the same qualities that are found among successful real estate investors. Today we speak with serial tech entrepreneur and Uvaro CEO Joseph Fung about the many parallels between sales and real estate. We open our conversation by exploring why many real estate professionals are entering the tech space as salespeople. Joseph then shares how his company trains people to sell tech products. Reflecting on his experience, Joseph unpacks the practices that lead to being a top salesperson. After highlighting how many of these practices come naturally to real estate investors...
2021-05-1025 minPassive Income Through Multifamily Real EstateEpisode #187: Billion Dollar Broker with Brent SprenkleIt's not every day you meet a broker who has sold over 1.2 billion dollars in commercial real estate. Today’s guest, Brent Sprenkle, has done just that. He has more than 20 years of experience as a broker in Los Angeles at two of the nation's top firms, Berkadia and Sperry Van Ness. Brent helps his clients achieve their goals of exchange, expansion, consolidation, and disposition. In this episode, Brent sheds light on the current state of things given the pandemic, where he touches on deal volume, rent changes, and the eviction moratorium. We also talk about how to mitigate th...
2021-04-2625 minPassive Income Through Multifamily Real EstateEpisode #186: Single-family Homes Thriving through Covid with Kathy FettkeWhen the COVID pandemic hit, numerous experts anticipated that America’s single-family market would experience a downturn. Despite expectations, many single-family investors have thrived through COVID. Today we speak with Real Wealth Network Co-CEO Kathy Fettke about the state of single-family real estate and why real estate is still blessed with abundant opportunity. We open our conversation by talking about Kathy’s background and how she first learned about real estate and creating passive income streams. Then we dive into what the single-family market looked like before the pandemic, with Kathy sharing insights into past trends that the pandemic has...
2021-04-1925 minPassive Income Through Multifamily Real EstateEpisode #184: Creating Long-Term Wealth Through Multifamily with Timothy LyonsToday we are joined by a special guest who has dedicated his life to being a firefighter and nurse in New York City and who has, through these roles, had a massive impact on his community. But after working 80+ hours a week, he knew that he had to make some changes to spend more time at home with his wife and three daughters. That’s when Timothy Lyons read Rich Dad Poor Dad and became interested in the opportunities in the world of real estate. After partnering on a multifamily property 13 months ago, he saw firsthand the power of re...
2021-04-0521 minPassive Income Through Multifamily Real EstateEpisode #183: Escaping the Rat Race, Twice with Chris MilesFinancial advisors will tell you that playing the long game and investing in stocks is the path to financial independence. But here’s the secret that they don’t tell you — very few financial advisors ever achieve true financial independence themselves. Today we speak with Anti-Financial Advisor, Chris Miles, who teaches entrepreneurs and professionals how they can find financial independence by getting their money to work for them. We open our conversation by diving into Chris’s past as a financial advisor and how he discovered the flawed assumptions underpinning this industry. We then explore the link between cash flow and...
2021-03-2926 minPassive Income Through Multifamily Real EstateEpisode #181: Ground Up Development with Shannon RobnettFew deals can promise the high returns that you can get from ground-up development. Today we bring in ground-up expert Shannon Robnett to discuss this asset class. With 40 years in real estate and having completed over 200 million dollars in construction projects, we open our conversation with Shannon by touching on his career highlights. After sharing why ground ups can be such valuable investments, Shannon dispels the myth that ground ups are always risky, especially when compared with multi-family risks. We chat about how having a reputable and experienced team mitigates most ground-up risks before diving into common challenges that...
2021-03-1522 minPassive Income Through Multifamily Real EstateEpisode #167: From Niche to Normal: The Rise of Mobile Homes with Jonathan TuttleOnce considered a fringe investment, mobile home real estate wasn’t the go-to for property investors and waned in the shadow of the more profitable multifamily. Today tells a different tale, though. Roughly 60 million Americans need affordable housing, and there are around 12 million mobile homes to service that need. According to Jonathan Tuttle, this is an opportunity. As today’s guest Jonathan talks to us about the rise of mobile home parks in the United States, and why they’re a great investment in today’s real estate. We kick off the episode by learning about his background in mobile h...
2021-01-1826 minPassive Income Through Multifamily Real EstateEpisode #164: Scaling Up with Frank RoesslerBeing an asset manager can require you to keep track of hundreds of issues — and that’s just for one property. If you don’t have the right systems in place as you scale your business, then managing your portfolio becomes an agonizing task. Today we speak with Ashcroft Capital founder Frank Roessler, whose company manages over one billion dollars of assets. Our conversation opens as we explore Frank’s business model and how he runs his asset management department. A common challenge when scaling, Frank shares his insights on when you should hire people and why you need time to...
2021-01-0816 minPassive Income Through Multifamily Real EstateEpisode #162: Financial Analysis with Prashant SatoskarFinancial analysis is a critical aspect of asset management because that is where the data comes from, and today’s guest is an absolute whizz when it comes to this side of the business. With a past life in tech, Prashant Satoskar is a skilled systems thinker, and his real estate career has seen him invest in single-family, and more recently become an LP and GP in the multifamily space as well. Today he is a managing partner of Catalyst Equity Partners which has 700 doors under management. In this episode, Prashant drills down on his policy for financial analysis, ge...
2021-01-0111 minPassive Income Through Multifamily Real EstateEpisode #161: Syndication 101 with Vinney ChopraIf you play the game right and keep your attitude positive, syndication can be easy, but don’t expect everything to fall into place overnight. Joining us today to talk about his inspiring journey into syndication and how he has achieved so much success in this space is Vinney Chopra. Since coming to the US more than 40 years ago with only seven dollars in his pocket, Vinney has excelled in many areas, including marketing, sales, motivational speaking, and real estate investing. Over the past 12 years, he has honed his skills and has done 29 successful syndications, 14 of those being in ju...
2020-12-2830 minPassive Income Through Multifamily Real EstateEpisode #159: Is COVID-19 a Springboard for Student Housing? with Zach FeldmanDue to the COVID-19 pandemic, on-campus accommodation is facing some unique challenges, and there is increased demand for private student housing that not only has desirable amenities, but takes students’ health and wellness into consideration. Today’s guest, Zach Feldman, is the VP of Development at Aptitude Development, which is one of the nation’s top student housing firms. Aptitude currently owns 1,500 beds with another quarter million dollars of student housing under construction or set to break ground. Prior to Aptitude, Zach launched Enjoy 77 Holdings, which is a real estate investment company specializing in student housing and multifamily investment in the...
2020-12-2122 minPassive Income Through Multifamily Real EstateEpisode #155: Getting Started in Real Estate Investing with Ali MahdaviWith the wealth of resources available online, anybody can teach themselves about investing, but some knowledge can only be gained through experience. Here to talk about his investment journey and the lessons he has learned along the way is data-driven investor, mindset coach, and realtor Ali Mahdavi! Being an immigrant born in Iran, Ali quickly learned to adapt, which has allowed him to successfully grow personally and financially. We hear from Ali about his college education in the U.S and how he only learned about investing after graduating. By devouring podcasts, books, and videos, Ali taught himself what...
2020-12-0723 minPassive Income Through Multifamily Real EstateEpisode #153: Starting Your Own Property Management Company with Colin DouthitWhy would someone start their own property management company instead of just hiring a third party? Today’s guest, Colin Douthit has some answers. Colin is the founder and owner of Atlas Property Management, has been in the real estate space for just three years, and already manages over 360 doors, with another hundred in the pipeline. In this episode, we talk about why Colin decided to start his own property management company, and the pros and cons of doing do versus hiring a third party. He explains some of the challenges, standard operating procedures, and tools he uses, as we...
2020-11-3020 minPassive Income Through Multifamily Real EstateEpisode #152: Renewal Management with Chris JacksonFor this Asset Management Fridays edition of the show, Chris Jackson from Sharpline Equity joins us to talk about renewal management now versus a few months back! Chris is a multifamily investor and syndicator with 10 years of experience, who has raised over 12 million dollars and completed over 500 unit transactions. Chris weighs in on the value of having more communication touchpoints with tenants now that so many people are canceling leases. This strategy also works when it comes to keeping track of whether a renewal plan is working – simply gauge if tenants are staying or leaving and you’ll know! In s...
2020-11-2708 minPassive Income Through Multifamily Real EstateEpisode #148: Raising Capital with Brian AdamsWhen it comes to raising and managing capital, it’s all about putting the investor first. Today’s guest is Brian Adams, and he joins us to talk about all lessons he has learned about this syndication fundamental. Brian is the Principal and Founder of Excelsior Capital, and he starts out today talking about his journey into capital raising as well as his focus on buying up multi-tenant office properties in secondary markets in the Midwest and Southeast. From there, Brian gets into how he raised over $60 million of equity in three years after learning the power of listening to h...
2020-11-1312 minPassive Income Through Multifamily Real EstateEpisode #147: Using LinkedIn to Attract Investors with Yakov SmartWe all have LinkedIn profiles, but how can we use them to actively pursue leads and build lists of prospective investors? Today’s guest is Yakov Smart, who is considered to be the leading expert when it comes to attracting A-list investors and raising capital using LinkedIn. He’s the author of the book, Disrupting LinkedIn, and a sought after authority by top business owners and sales leaders worldwide. Yakov currently focuses on training and consulting others on how to transform their LinkedIn profiles into priceless relationship-building assets. In this episode, he shares with us some tips and tricks for...
2020-11-0923 minPassive Income Through Multifamily Real EstateEpisode #143: The Impact of COVID-19 on the Real Estate Industry with Neal BawaWhile COVID-19 is a total black swan event and it is hard to predict its effects, it could be a blessing in disguise for multifamily. Neal Bawa joins us again on the show today, and this time to give us his data-driven insights into the impacts of coronavirus on real estate. Neal is a technologist, data scientist, and self-proclaimed geek. He is the CEO and Founder of the highly successful commercial real estate investment company Grocapitus Investments and is also the CEO of MultifamilyU, an apartment investing education company. A big takeaway from our chat with Neal is about...
2020-10-2631 minPassive Income Through Multifamily Real EstateEpisode #141: Crushing It In California Real Estate with Juan HuizarThere are three main objections to investing in the California real estate market: there is a barrier to entry, the cap rates are too low, and the properties are too expensive. On today’s show, listeners will hear real estate broker Juan Huizar convincingly refute each of these popular claims, showing that this market not only has a promising future but is performing surprisingly well despite the recession. The show starts with our guest sharing his story of coming to the US with his family at a young age and how his parents instilled in him the values of pe...
2020-10-1933 minPassive Income Through Multifamily Real EstateEpisode #140: Virtual Asset Management Summit Wrap Up with Kyle & GaryToday, Kyle Mitchel and Gary Lipsky look back at their latest summit, talk about the raging success that it was, and why you can’t miss out on the next one. The Asset Management Summit was hosted in September and October, and was born out of one question: How do we become best-in-class operators in asset management? To create maximum value, Gary and Kyle got in touch with the best speakers in the business and asked them to share their industry knowledge. For Kyle, this summit wasn’t just about sharing insider tips. It was about breaking down the barr...
2020-10-1614 minPassive Income Through Multifamily Real EstateEpisode #138: Do You Really Know Your Tenants with Fritz RitterFritz Ritter and his team at Kronos Investment Partners are skilled at obtaining tenant data to help them form their business plans and fit properties with the appropriate amenities. The age, family size, professions, and hobbies of your families play a large role in the type of property that they are interested in. In this episode, Fritz shares his tools and strategies for creating tenant profiles that can be used to make smart investment choices. For Fritz, understanding the lifestyle of your prospective tenant is key to serving them well and getting the most out of your assets.
2020-10-0908 minPassive Income Through Multifamily Real EstateEpisode #137: Passive Investor to Business Exit to Opportunity Zones with Jake GardnerOpportunity Zones were created to revitalize economically distressed communities using private investments rather than taxpayer dollars. However, due to their relative newness, Opportunity Zones are understandably unfamiliar to most investors and residents of these newly designated areas. What exactly are the benefits? Today’s guest is Jake Gardner, Head Of Investor Relations at the St. George Opportunity Zone Fund. Jake is a successful entrepreneur, starting his marketing technology firm seven years ago, which he just recently sold to a public company. As an investor, Jake focuses on finding unique projects in Opportunity Zones. In this episode, he shares with us...
2020-10-0524 minPassive Income Through Multifamily Real EstateEpisode #136: Downside Protection with Tauheed SaddiquiThe topic of downside protection is of particular importance right now as we are all going through this current crisis and period of instability. Our guest, Tauheed Siddiqui, is here to discuss his thoughts on the subject and how he and his company, TAAS, have gone about preparing for the more difficult times. He mentions conservative underwriting as the best place to start with a safety net. He also explains the importance of the market in which you’re investing in and how you prepare before reminding us of the power of liquidity; you do not want to be go...
2020-10-0210 minPassive Income Through Multifamily Real EstateEpisode #135: How to Close on a 1,200+ Unit Portfolio Deal with Jorge AbreuWhile moving from single-family into multifamily is a gamechanger, once you start closing 1,000+ unit deals, things definitely switch gear again! Our guest on the show today is Jorge Abreu, and he joins us to talk about what it takes to close deals of that size, having recently closed on both a 1,000-unit portfolio and an 850-unit property too. Jorge is the co-founder and CEO of Elevate Commercial Investment Group and has over 1,700 doors on the GP side as well as over 1,400 doors on the LP side under management. He has the huge ambition of growing that number to 10,000 units...
2020-09-2820 minPassive Income Through Multifamily Real EstateEpisode #134: Controllable Expenses with Jason YarusiJason Yarusi from Yarusi Holdings joins us today to give some practical advice for saving on controllable expenses. The first place where you want to start is with your utilities, and he shares how little adjustments in terms of water and electricity can make a big difference. Another area with cost-saving potential is contracts. When you have had the same service provider for years, it is easy to lose track of their rates and in doing so, you could be overpaying on services. That is why Jason advises listeners to renegotiate prices every year. When you start making these...
2020-09-2513 minPassive Income Through Multifamily Real EstateEpisode #132: Disposition with Ajai SharmaToday on the podcast, listeners will hear from Ajai Sharma, the founder, and principal of AimNext Realty. Ajai oversees all aspects of property operations, including asset management, property management oversight, and investor relations. Since he entered the real estate investing space in 2008, he has been involved in almost 5,000 units as a passive investor and also a deal sponsor. In this episode, Ajai shares why he entered the real estate market in the most difficult economic period and decided to pivot to apartment syndication five or so years ago. For him, the most important aspect of the business is communication—wi...
2020-09-1817 minPassive Income Through Multifamily Real EstateEpisode #131: The CARES Act with Damion LupoToday on the Passive Investment Through Multi-family Real Estate Podcast we are joined by Damion Lupo! Damion has a long history in entrepreneurship and he is here to talk about the new CARES Act and how it might affect the foreseeable future for real estate investors. Damion does a sterling job of explaining the particulars of the act and what it means right now, leading into the rest of the calendar year. Although the reasons for the act might be apparent in the current crisis, Damion is skeptical of its long term benefits, foreseeing a damaging effect on the...
2020-09-1424 minPassive Income Through Multifamily Real EstateEpisode #129: 27 Passive Investments with 14 Different Sponsors with Travis WattsDiversification can be a great ally in the game of passive investing and today's guest is a wonderful example of this! Travis Watts currently has 27 investments, utilizing 14 different sponsors, and while this high number might be a bit unusual, our conversation makes it quite clear how Travis has made this work for him and his business. Travis believes in recession-resistant asset classes and he unpacks exactly what that means to him. We get to hear about his real estate journey and the lessons he learned when he started out focussing on active projects. Travis comments on his appreciation of...
2020-09-0724 minPassive Income Through Multifamily Real EstateEpisode #128: Monthly Reporting with Kyle MitchellGoing through a property’s monthly reports might not be the most glamorous syndication related activity, but it is incredibly important. You need to inspect each report with a fine-tooth comb to ensure that all of the numbers are correct. Today, Kyle Mitchell, co-host of this show, is in the hot seat, answering questions about monthly reporting. In this episode, Kyle talks about the new company he and Gary are launching and what they’ll be working on. He then takes us through his process of reviewing monthly reports, highlighting some of the common areas where he sees mistakes. From...
2020-09-0411 minPassive Income Through Multifamily Real EstateEpisode #125: Buy Right, Manage Right, Finance Right with Gino BarbaroWhen it comes to investing and managing a large portfolio, fortune definitely favors those who know when to take risks but more importantly, when to exercise diligence and caution. Today on the show we were lucky to speak about all the ways that we could become better multifamily syndicators with the famous Gino Barbaro! For listeners newer in the game, Gino has over $100 million, or 1400 units in real estate under management, is a bestselling author, successful coach, and also co-host of The Jake and Gino Show! We hear from Gino about how he threw in the towel with his...
2020-08-2424 minPassive Income Through Multifamily Real EstateEpisode #124: How to Treat your Residents with Jamie GruberWith all the different concerns that go into real estate investing and the multifamily business, the human element can sometimes be understated. After all, managing a residential property is first and foremost about providing people with a place to stay! This is the attitude of our guest today, Jamie Gruber, who has a strong philosophy of putting people first. This does not mean that he is not business-minded or focussed on making money and shrewd decisions, rather that he does so with a strong emphasis on the human element and what the effect will be on the residents of...
2020-08-2111 minPassive Income Through Multifamily Real EstateEpisode #122: Managing Renovations with Andrew CampbellToday on the show we welcome Andrew Campbell, the co-founder at Wildhorn Capital, a multifamily operations group in Central Texas. Currently, they have 1,800 units that are all value ad and within the B to A-minus asset class range. Andrew shares with listeners how they have been doing in-house renovations with great success, partly due to the savings they make on bulk purchases and focusing on those renovations that give you the most bang for your buck. He also discusses the advantages of having the products on hand and using the same ones across all their assets, and why they...
2020-08-1411 minPassive Income Through Multifamily Real EstateEpisode 120: Leasing with Drew KniffinOur guest for this episode, Drew Kniffin, is the president of Nighthawk Equity, a syndication group focused exclusively on buying C plus and B class multifamily assets. The topic today is leasing, and as an expert in this field, Drew shares what a good leasing strategy should look like, including the performance indicators for leases and leasing agents and how they have had to temporarily adjust their approach amid the COVID-19 outbreak. He talks about their trusted formulation and striking the balance between maximum rent versus maximum occupancy, and how they go about getting property managers on the same...
2020-08-0710 minPassive Income Through Multifamily Real EstateEpisode #119: Begin with the End in Mind with David GwiltWhere do you want to be in ten or twenty years from total monthly income perspective? Are you interested in passive real estate investments that will allow to live off the money you make on them in the meantime, while also continuing to increase in value? Today’s guest is David Gwilt, an active duty USAF Officer, Realtor, Real Estate Investor, and financial analyst for an apartment investing firm. David and his wife, Tasha, purchase apartments to create passive income and generational wealth, and they’re helping others do the same. Find out about David’s real estate journey, and wh...
2020-08-0330 minPassive Income Through Multifamily Real EstateEpisode #118: Value Add Strategy with Gary LipskyWith the right approach to your value-add strategy, you can be sure that your dollars are being well spent, you’re up to speed with your competition, and that you’ll lease up faster! Today on the show, Kyle interviews Gary and the two talk shop about best practices for value-add! It’s important to start your value-add process from the very beginning, and Gary tells us that he’s already thinking about it from the time he receives the EOM. Another great tip Gary mentions is to keep touring your comps, even after a deal closes. Constantly assessing metrics...
2020-07-3112 minPassive Income Through Multifamily Real EstateEpisode #116: Investor Relations with Spencer HilligossFor this edition of Asset Management Fridays, we are joined by the up and coming Spencer Hilligoss from Madison Investing! As a relatively young mind in the multifamily game, Spencer brings enthusiasm and a sense of purpose to his work, believing strongly in communication and authenticity. Our conversation today centers on relations with investors and Spencer shares some great lessons he has learned about giving investors what they need while taking care of assets in the best way for everybody. We discuss frequency of communication, the best things to share and update on, and keeping a difficult conversation on...
2020-07-2415 minPassive Income Through Multifamily Real EstateEpisode #115: Deferred Sales Trusts with Brett SwartsAfter the 2008 crash, a lot of people either lost most or all of their money and one of the biggest reasons was they were held hostage to a 1031 exchange. Even today, the conventional 1031 strategy presents many downsides, a major one being that once you sell, you have a limited timeframe before which you have to rebuy. Enter Brett Swarts, today’s guest and founder of Capital Gains Tax Solutions, a firm that offers a solution to the 1031 called the deferred sales trust. The DST offers an exit strategy that helps business owners escape feeling hostage to capital gains tax as...
2020-07-2030 minPassive Income Through Multifamily Real EstateEpisode #114: Post-Close with Mark HentemannThe period that follows the closing of the deal is vital in the outcomes of your investment. Here on this edition of Asset Management Fridays to talk of their practices in the 30 to 90 days following a purchase is Mark Hentemann! Mark is a television writer, having worked on high-profile shows such as Family Guy and with David Letterman! Mark explains his particular type of investing and how he got into the business after moving to Hollywood to be a writer. He is a specialist in restoring older buildings with vintage value and appeal. Much of this tendency comes from...
2020-07-1712 minPassive Income Through Multifamily Real EstateEpisode #113: Automation & Outsourcing with Bob LachanceThere comes a time in real estate investors’ careers when they can no longer manage all the tasks and wear all the hats required to succeed in the industry. This is when virtual assistants (VAs) might be just what they need. Bob Lachance is a nationally recognized speaker, mentor, and trainer who specializes in helping customers build their businesses through automation and outsourcing. He acquired his first flip in 2004 and has done over 700 transactions since, and has also started two successful real state coaching programs and three virtual assistant staffing companies. He is the owner of REVA Global LLC, wh...
2020-07-1323 minPassive Income Through Multifamily Real EstateEpisode #111: The Passive Investing Queen with Tamar HermesLike many forms of investing, real estate investing is a long-term wealth accumulation strategy with long-term outcomes. When you understand this basic principle, you go through market fluctuations with more ease and remain confident about the returns you will reap in the future. At the same time, however, it is about realizing that investing always carries some risk. Joining us to speak on this topic is Tamar Hermes, a full-time real estate investor, and educator. She is the CEO of Wealth Warrior Woman where she guides women on how to become financially free by teaching them to understand the...
2020-07-0620 minPassive Income Through Multifamily Real EstateEpisode #110: The Legal Side of Things with Mauricio RauldOur guest today is Mauricio Rauld, the CEO and founder of Premier Law Group where he also acts as one of the syndication attorneys who help real estate syndicators to raise the capital to pursue their dreams of financial independence. Mauricio gives listeners some helpful advice around signing purchase and sales agreements, setting up LLCs, and keeping the asset management entity separate from the one owning the relevant share of the building. We also get into the issue of asset managers being legally responsible for the property managers they hire and the importance of including them in your insurance...
2020-07-0314 minPassive Income Through Multifamily Real EstateEpisode #109: Juggling a W2 While Scaling your Real Estate Portfolio with Jens NielsenMany multifamily syndicators have either transitioned or are currently transitioning from a full-time W2 into the world of real estate. Taking the plunge can be daunting and going through the transition is demanding on time, finances, and one's emotions too. Luckily there is an art to it, and Jens Nielsen who is our guest for today is doing a great job of mastering it. Jens enjoyed working his W2 in the IT world for many years, but always wanted to find a way of clocking fewer hours while still making a good income. When he discovered real estate he...
2020-06-2922 minPassive Income Through Multifamily Real EstateEpisode #108: Budgeting with Danny RandazzoCreating air-tight budgets, which factor in all expenses, no matter how small, is no easy feat. It requires patience, commitment, and an eye to detail. Danny Randazzo, our guest today, certainly possesses these skills. As an asset management and budgeting whizz, he knows how to get the maximum NOI on properties. In this episode, Danny walks us through the current budget he is doing, and how his company creates multiple budgets to come up with a solid end number. He also talks about why they choose to do cost per door as well as the importance of being market-specific...
2020-06-2616 minPassive Income Through Multifamily Real EstateEpisode #106: Taxes with Brandon HallBrandon Hall is a CPA who runs a firm called The Real Estate CPA, and in today’s episode, he talks to listeners about taxes. His first recommendation is for syndicators to understand what they are trying to accomplish with their deals and whether they are aiming to tax optimize or simply break even. He goes on the explain the importance of knowing the 2013 tangible property regulations and how it pertains to syndication, and then gets into why electing out of the business interest limitations is advisable in most instances. Brandon walks listeners through the nitty-gritty of the K-1 fo...
2020-06-1915 minPassive Income Through Multifamily Real EstateEpisode #104: KPI's with Merrill KaliserIn real estate, as in other lines of work, data and information is power. Here to discuss the irreplaceable utility of key performance indicators or KPIs, is Merrill Kaliser. Merrill uses KPIs across his multiple businesses and they make up the foundation of how he stays on top of his different ventures. He speaks to the most important indicators for the real estate business and how he and his team manage the data that comes in. Merrill brings attention to property and asset management statistics as well as information around leads and where they come from. If you cannot...
2020-06-1212 minPassive Income Through Multifamily Real EstateEpisode #102: Reporting with Alain VillegasAlain Villegas is a full-time real estate investor based in Dallas, Texas who has over $60 million of properties under asset management, just under 900 doors spread across seven apartments. He has also invested as a limited partner in eight properties, just over 1,200 doors in total. In this episode, Alain talks about real estate reporting, from the reports acquired from property managers to the ones created for internal purposes and to keep investors updated. Tuning in to this episode, you will learn why you should not only pay close attention to monthly and weekly reports but also daily ones to keep...
2020-06-0512 minPassive Income Through Multifamily Real EstateEpisode #101: From House Hacking to Passive Investor with Kevin SharkeySelling at the bottom of the market in real estate can get you into a lot of trouble, but as long as you have enough reserves to ride things out, you can come out the other end smiling. Today’s guest, Kevin Sharkey, rode out the last downturn and he joins us to talk about house hacking and passive investing in the current one. Kevin is a TV executive who began house hacking in 2003 and is now a partner in two out of state multifamily properties totaling 396 doors. We kick things off chatting to Kevin about his road into re...
2020-06-0117 minPassive Income Through Multifamily Real EstateEpisode #98: Building a Team with Tim BratzMany business owners would argue that a large part of success comes down to having the right people around you. One such a person is Tim Bratz, the President of Legacy Wealth Holdings, who joins us to talk about hiring the right people to build a strong, committed team. The conversation starts with Tim explaining the need for a Steve Jobs and a Steve Wozniak on your A-team: one who is the visionary and one who is skilled at operations and the more technical aspects of the business. He walks listeners through his thought processes around his first hire...
2020-05-2215 minPassive Income Through Multifamily Real EstateEpisode #96: Natural Disasters & Curveballs with Anna MyersWe can all agree that this moment is unprecedented and now is the time to be working on the best strategies for coping and laying foundations to weather similar future storms. Joining us today to speak about how her company is dodging curveballs is Anna Myers from Grocapitus Investments. Anna shares some valuable advice for listeners both from an asset management standpoint as well as with regard to how teams should be working together. She weighs in strongly on the value of working with property management firms who have a disaster plan in place, and people shouldn't be scared...
2020-05-1512 minPassive Income Through Multifamily Real EstateEpisode #94: Marketing with Neal BawaOur guest today is Neal Bawa from Multifamily University and he is here to speak to us about his business and how he uses technology and data to stand out in the real estate market! Neal believes that doing your own marketing is preferable and this means going out and making sure you are seen! He explains his ideas of mega marketing and mega leasing and how they fit into his business model. These concepts are not necessarily for everyone but there might be a way that they can be incorporated into different size businesses, as Neal admits that...
2020-05-0812 minPassive Income Through Multifamily Real EstateEpisode #93: It's a Family Business with Camila JeffsInvesting in real estate of any sort is a great idea, but some might say that things really get going when you make the switch to passive multifamily. Our guest on the show, Camilla Jeffs, has a journey in the business that has given her this viewpoint, and she joins us today to speak all about it! Camilla is an HR business partner, real estate investor, triathlete, musician, and mother of five awesome kids. After self-managing single-family properties for many years, Camilla and her family moved states and couldn’t take such a hands-on approach to their properties anymore. Th...
2020-05-0419 minPassive Income Through Multifamily Real EstateEpisode #92: Post Close with Matt PichenyIn this episode, listeners can look forward to hearing about the 30 to 90-day post-close process from Matt Picheny, a managing partner at MJP Property Group. He discusses the importance of establishing a plan for each of the three intervals so that action can be taken as soon as each new step of the acquisition process is finalized. As you will learn from Matt, the post-close process, in fact, starts pre-close, in particular, in the period between due diligence and the deal closing. Matt also gives suggestions for burning off the loss to lease, adding value to a property right...
2020-05-0114 minPassive Income Through Multifamily Real EstateEpisode #91: High School Shop Teacher to Successful Real Estate Investor with Todd DexheimerWith enough effort and the right amount of education you can transition from an unfulfilling job into real estate, but don’t expect it to be easy! Our guest for today is Todd Dexheimer and he joins us to talk about his amazing success in the business after quitting his high school teaching job a few years earlier. Todd didn't love teaching and it was at this point that he started looking around for something that fit him a little better. He sniffed out entrepreneurship and real estate investing by reading a few books and the next thing he wa...
2020-04-2727 minPassive Income Through Multifamily Real EstateEpisode #90: Property Management with Maureen MilesWelcome back to the show and another edition of our Asset Management Fridays! Here to talk about her management process, systems and style is Maureen Miles from 4M Capital. As a returning guest, Maureen has so much to offer, with success in many avenues of real estate having branched out from a simple investment team to a multi-faceted company taking care of almost all areas of the business. For Maureen, this was a necessity after the frustrations of working with contractors who did not deliver — so she decided to handle it all! During our chat, she gives some great ti...
2020-04-2412 minPassive Income Through Multifamily Real EstateEpisode #88: Refinancing with Brian BurkeIn the current climate, we can all do with a little extra advice and support on the different parts of the real estate investing business. On the show today we have Brian Burke to shed some light on refinancing and how to do it to your best advantage. We hear from our guest about his experience in the field of real estate and how he is currently positioned in the space. After that, Brian shares his thoughts on refinancing and his own best practices for the process. He shares parts of the process that have led to trouble and...
2020-04-1709 minPassive Income Through Multifamily Real EstateEpisode #86: Due Diligence with Greg DickersonNow more than ever, due diligence is a vital part of the real estate business. Greg Dickerson is an expert on the subject and has a mammoth amount of experience in the game, having started out back in the 1990s! We hear from Greg about his history in the field of real estate and how he made his way into multifamily before getting into his due diligence process and how he has refined it over the years. Greg does a great job of unpacking the important aspects and which need the most attention and he shows how he keeps...
2020-04-1013 minPassive Income Through Multifamily Real EstateEpisode #83: Property Management Transitions & Due Diligence with Maureen MilesWhen it comes to due diligence and the construction work on a newly acquired investment, the worst thing you can do is gloss over it and hope for the best. Our guest today on the show is Maureen Miles from 4M Capital and she is an experienced hand in the game of passive investment. She has been a realtor, grown her own construction company and has worked in the tax and title side of things too! Her expertise really lies in acquisitions, due diligence, and property management transitions and Maureen has a very proactive and hands-on approach to her...
2020-03-2332 minPassive Income Through Multifamily Real EstateEpisode #82: Co-Sponsoring Deals Equals Time Freedom with Nathalie de Vos BurchartPatience, persistence, and research can really pay off in the real estate game and our guest today, Nathalie de Vos Burchart from Heathwood Enterprises is a great example of that. Maintaining her full-time job and her family life was a condition on which she entered into passive real estate investing. Nathalie started in the single-family space and has since gradually moved over to active multifamily deals. Her success has been in part due to her commitment to co-sponsorship, enabling her to mitigate risk, share expertise and collect useful resources. We discuss her initial focus in Oklahoma and her perspectives...
2020-03-1628 minPassive Income Through Multifamily Real EstateEpisode #81: 506c Offerings & Building Trust with Jillian SidotiThere’s often great uncertainty around raising money for deals, but breaching the associated laws has serious ramifications, which is why it is important to have an in-depth understanding of them. Today's guest, Jillian Sidoti, is her to clarify some of the misconceptions around raising capital with a focus on 506(c) deals. Jillian is one of the country’s leading Regulation A experts. Since 2008, she has submitted many Regulation A offering circulars to the SEC for approval, which makes her one of the few attorneys familiar with the law before the changes under the Jobs Act. Since then, Jillian has...
2020-03-0923 minPassive Income Through Multifamily Real EstateEpisode #80: Multifamily Over the Stock Market with Sandhya SeshadriJoining us on the show today is Sandhya Seshadri, founder and CEO of Texas Twilight Investments/Multifamily 4 You. Sandhya is currently a general partner and key principal in 476 doors and a passive investor in over 2500 others. She intended to remain mostly passive for the stress-free cash flow but has one or two assets which she actively manages to qualify as a full-time real estate professional, thereby making the most of certain tax benefits. Sandhya is a firm believer that most wealthy people are in some way involved in real estate, so after building her wealth from the s...
2020-03-0222 minPassive Income Through Multifamily Real EstateEpisode #0: Passive Income through Multifamily Real Estate with Kyle Mitchell & Lalita PatipaksiriFor today’s show notes, including audio and links to all the resources mentioned, visit www.aptcapitalgroup.com/podcasts.To get access to our free Passive Investors Guide and monthly newsletters sign up at www.aptcapitalgroup.com.To find out more about partnering or investing in a multifamily deal email info@aptcapitalgroup.com.Local to Southern California? Attend our monthly meetup focused on Multifamily Apartment investing. View our schedule at www.aptcapitalgroup.com/events.Join our Facebook Group - Passive Income through Multifamily Real EstateHave a question you wo...
2019-02-0806 min