Shows
Real Estate Investing with the REI Mastermind NetworkMultifamily Investing: Essential KPIs and Reports for Success in Asset Management w/ Greg ButcherGreg Butcher is an experienced investor in real estate, specializing in multifamily properties. He began his real estate journey by investing in single-family homes, but after discovering the potential of multifamily real estate and syndications, he decided to expand his knowledge and investment strategy. Nine years ago, Greg joined a multifamily mentoring and educational program, just as he was retiring from active duty. During his first year in the program, he invested as a passive limited partner to learn the ins and outs of underwriting. In 2016, Greg took on a role as a general partner and successfully closed his...2023-11-1429 min
The Capital Stack072. Effective Asset Management While Working Full-Time with Joanne Santiago★ Join Our Investor Club ★ https://forms.gle/AEpWgPg7krd8YzPU8Want investment opportunities that align with your goals? At Birch Prosper, our team considers your unique criteria to identify the best opportunities. Let’s start the conversation! Just go to: https://calendly.com/birch-prosper/intro-meeting-15-min-clone--Don’t miss this episode where we discuss effective asset management in syndication deals, and how sponsors, who have a full-time job, can achieve balance in this business. --About the guest:Joanne Santi...2023-08-1754 min
How Did They Do It? Real EstateSA610 | From Residential to Commercial: Navigating RE Niches in Today’s Market with Caleb JohnsonBe the best steward of your capital in this episode with Caleb Johnson as he shares his first-hand experience in shifting successfully from residential to commercial real estate investing. Stay tuned if you want to learn how to build relationships, generate more income, and start underwriting like a pro.Key Takeaways to Listen forHow and why you should shift from single-family to multifamily real estateValuable advice for building broker relationshipsUltimate underwriting tips you need to knowWhat should multifamily investors expect in 2023The major benefits of real estate investingResources...2023-01-1741 min
The Apartment GurusEpisode 138: Jenny Gou - Mastering Asset Management for Maximum NOILearn how to find property managers who fit your criteria and begin your journey to passive investing success in today’s episode with Jenny Gou. Don’t miss our chat about practical asset management strategies and multifamily investing advice so you can accelerate your path to financial freedom.WHAT YOU’LL LEARN FROM THIS EPISODEReasons to improve your asset management strategyTop methods for finding the right property manager Property management challenges and ways to deal with themEfficient ways to boost your asset management systems and processesWhy working...2022-10-2036 min
The Cashflow ProjectFinding your competitive advantage with Bernard PiersonJoin Vince with his guest Bernard Pierson as he shares how discovering his competitive advantage shortened his way to a successful real estate footing. Bernard knows what role the Latin American demographic plays in the real estate industry. Understanding their behavior in the real estate space here in the US—like it's the back of his hand—has been Bernard's weapon when it comes to forming perfect deals. In this episode, Bernard expounds on the American Dream, the boons and banes with entrepreneurship and real estate, his experience of jumping from LP to GP, and the potential of the Lati...2021-12-2143 min
Elevate with Tyler Chesser - The Real Estate Podcast for Investing, Mindset and Personal DevelopmentE223 Gary Lipsky - How to Master Asset Management, Execute Effectively and Play the Long Game in Real Estate InvestingGary Lipsky is a real estate entrepreneur who has a focus on multifamily syndication and currently has $65MM AUM. He is the President of Break of Day Capital, whose mission is to positively impact the lives of their investors and the communities in which they invest through the highest level of transparency and fiduciary responsibility. Gary is also the host of the Real Estate Asset Management Podcast.
Tyler and Gary’s discussion focused on how to be a best-in-class operator by optimizing your execution and playing the long game in real estate. Highlights include:
How to ge...2021-12-1656 min
The Apartment GurusEpisode 58: Gary Lipsky - Managing The Manager: Why Asset Management Is Where The Wealth Gets BuiltIf you want your real estate business to succeed, you must know that asset management is just as important as finding deals and raising capital. Stay tuned as Gary Lipsky explains why asset managers are a critical piece of expanding businesses and how they help avoid the common mistakes of a company.WHAT YOU’LL LEARN FROM THIS EPISODE How to get deals in hot marketsTips for managing a managerWhy you should have a strong regional managerBeing proactive vs. ReactiveHow a full-time asset manager can help yo...2021-09-0952 min
Mailbox Money ShowA Quick Guide to Multifamily Investing with Kyle MitchellIn this episode, we’re joined by Kyle Mitchell. Kyle is a public speaker, mentor, and podcast host dedicated to helping others create passive income through Real Estate. He is also the author of the best-selling book, Best in Class.
Kyle has been a successful business operator/owner for more than 20 years and currently manages and operates $55MM AUM in multifamily assets in the Arizona markets. He is also the Co-Founder of the Asset Management Summit which is focused on teaching people how to become best in class operators.
In this episode, we...2021-08-2531 min
The Cashflow ProjectBest in Class Asset Management with Gary LipskyJoin Vince as he chats with Gary Lipsky about mastering class asset management. Gary is a real estate entrepreneur who focuses on multifamily syndication. So far, he manages about 41-billion dollars worth of assets with more deals in the pipeline. Gary is also the president of Break of Day Capital, which aims to positively impact its investors’ lives and communities through a high level of transparency and fiduciary responsibility. He also hosts The Real Estate Asset Management Podcast, where they bring in other real estate experts to educate both aspiring and veteran asset managers. Today, Gary will also talk ab...2021-08-2436 min
Real Estate Investor PodcastEpisode #65: Best In Class with Kyle Mitchell and Gary LipskyWelcome to Episode 65 of the Asset Management Mastery Podcast. Today, it’s just family. Your hosts, Kyle Mitchell and Gary Lipsky, are discussing their new book, Best In Class: How to Manage Your Multifamily Asset, Avoid Mistakes, and Build Wealth through Real Estate. There are plenty of books about investing in multifamily real estate, but few that tell you what to do with that property once you own it. Best In Class lays out everything you need to become a best in class operator, from marketing and leasing, managing renovations, and evaluating your property’s performance to financial analysis, mana...2021-06-3011 minReal Estate Investor PodcastEpisode #64: How to Close Three Deals In A Week with David LagatThere are a bunch of factors that contribute to closing deals with finesse and David Lagat joins us today to share his skills in this department. David is the Owner of Bella Asset Management, a vertically integrated company that does multifamily in Texas and the surrounding states. The last three months have been extremely busy for David; he closed on three deals in just a week recently, so we kick things off hearing just how he handles so many transactions in such a short period. David weighs in on the role of partnerships in helping him acquire...2021-06-2509 minReal Estate Investor PodcastEpisode #63: Vertically Integrated for Greater Results with Jacob GarzaIf you are in the multifamily game and want to scale up, you should seriously consider becoming vertically integrated. The more you can bring the different processes involved in deal acquisition and property management in-house, the more seamless the processes that govern your business will become. Jacob Garza from REEP Equity doesn’t just own 2,700 units but does all his property management too, and he joins us today to educate listeners about the many benefits of this model. He gives us an idea of his journey in the multifamily space and then weighs in on the extra control he ha...2021-06-1810 minReal Estate Investor PodcastEpisode #62: Navigating Insurance through the Texas Freeze with Omar HernandezThe Texas freeze of 2021 had a huge array of impacts on the population, the economy, and of course the real estate world. Joining us on the show today to unpack some of these results is Omar Hernandez of the Garzella Group, an insurance brokerage firm based in Scottsdale, Arizona. Garzella deals with commercial real estate from all over the US and focusses on partnering up with local banks to bring extra coverage to investors entering into deals. Omar gives us a brief overview of the basics of the Texas freeze and the most relevant information that pertains to real...2021-06-1114 minReal Estate Investor PodcastEpisode #61: Financial Strategies with Mark WillisFinancial independence and greater control of how our money can work for us might seem very attractive, but how exactly do we go about making this a reality? Joining us on the show today to talk about his approach to having a better handle on the way we interact with our money and deal with our investments, is the amazing Mark Willis from Lake Growth Financial Services. We get to hear from Mark about his career in the space, the early challenges he faced with the fall-through of the 2008 financial crash, and how he managed to weather that storm...2021-06-0414 minReal Estate Investor PodcastEpisode #60: Property Management Best Practices with Tom SheltonMore than anything, good property management is about good people. No one knows that better than today’s guest, Tom Shelton, of Asset Living. In this episode, Tom walks us through what to look for when finding a property management company and sheds light on how operators can build strong relationships with this key part of their team. Tom talks about the importance of being on the same page, having aligned strategies, and ensuring you are all moving in the same direction. Your relationship with your property manager should be a collaborative one. We also dive into some exciting te...2021-05-2813 min
Passive Income Through Multifamily Real EstateEpisode #191: 2021 Virtual Asset Management Summit with Gary LipskyToday, we speak with our very own Gary Lipsky about the 2021 Virtual Asset Management Summit. Gary is a successful asset manager and is the founder and managing partner of ATP Capital. Before we dive into things, Gary shares a little bit of information about APT Capital Group, which focuses on B and C value-add properties in the Phoenix and Tucson areas. We then get into the crux of this episode, as Gary shares all the exciting details about last year’s event and what we can look forward to with this year’s summit. Gary recaps 2020’s extensive range of gue...2021-05-2422 minReal Estate Investor PodcastEpisode #59: Tough Choices for your Property with Kaylee McMahonWorking with property managers is not always easy. It involves setting clear expectations upfront and having difficult conversations at times. Kaylee McMahon does not shy away from these talks because she knows what is at stake. Kaylee is known as The Apartment Queen, and after today’s episode, you will understand why! We sit down to talk about her criteria when hiring a property manager, the importance of having strong project management skills, and how to transition from one property manager to another. We could all do with learning more about how to work better with our property managers, so...2021-05-2112 minReal Estate Investor PodcastEpisode #58: Pivot to Maximize ReturnsIn today’s episode, Gary and Kyle talk about the 42-unit midtown asset they recently sold in Tuscon. We hear about how they took the property from barely surviving to thriving, and the upgrades they chose to make. Gary and Kyle do not only look for rehab opportunities; they also look for chances to upgrade operations. We find out what surprised them when they tweaked the building and the rationale behind them pivoting and selling the property. As the conversation wraps up, we learn about some of the difficulties they were faced with when trying to sell the property an...2021-05-1416 minReal Estate Investor PodcastEpisode #57: Water Conservation to Boost NOI with Kelly StinsonAs an owner, you always want to be lowering your operating costs. One underutilized mechanism to boost NOI is water conservation. Here to shed light on this topic is Kelly Stinson. Kelly is partnered with SAS, an organization that focuses on water efficiency and reducing water-related expenses in multifamily operations. In today’s episode, we hear about how SAS helps owners save money and the process they undertake to minimize costs. Kelly shares the benefits of working with a business that is dedicated to water conservation. Our conversation also touches on underwriting, pushback around low-low flow toilets, and why al...2021-05-0720 minReal Estate Investor PodcastEpisode #56: Lessons Learned from Refinancing with Steve LouieRefinancing properties is no easy feat. However, when done properly, both syndicators and investors can reap the rewards. Joining us today is Steve Louie, a partner at Vertical Street Ventures, a syndication firm focused on the Phoenix area. In this episode, Steve sheds light on the two properties the firm refinanced, how they did it, and what the benefits for the investors were. Not only did the investors increase their investment, but cash-out refinances are not taxed, so their money was safe. Steve also shares why he recommends using a mortgage broker when undertaking a refi. Be sure to...2021-04-3010 minReal Estate Investor PodcastEpisode #55: How to Become a Best in Class OperatorAsset management is such a huge piece of real estate investing that is not talked about enough. We need to continue to push resources and information about asset management out there so that people can continue to learn about it! Today on the show, we have our very own Gary Lipsky and Kyle Mitchell, and we have some news to share today! We are excited to announce that we will be launching our course, Asset Management Mastery, on May 3rd, 2021! Join in today as we talk all about what the course is, who it has been created for, the...2021-04-2314 minReal Estate Investor PodcastEpisode #54: SEC Changes for Raising Capital with Gene TrowbridgeNew laws are coming into effect that impacts how you raise capital and who you can bring onto deals as accredited investors. To explain these changes, we welcome syndicator and securities lawyer Gene Trowbridge back onto the show. After chatting about his professional history, we dive into the topic, with Gene unpacking why spousal equivalence is a game-changer for many couples who want to invest. He then reflects on how the new legislation will affect the family office and 401(k) world before. Later, we touch on why you shouldn’t be concerned over ‘finder’s-fees’ legislation proposals, the importance of due d...2021-04-1616 minReal Estate Investor PodcastEpisode #53: Have an Exit Plan with Mike MorawskiYou’re missing out on huge profits if you don’t have an exit plan in place when you buy a property. Today we speak with real estate veteran, coach, and expert strategist Mike Morawski about maximizing your profits through solid exit strategies. After chatting about his extensive real estate background, Mike reveals his transition into helping people to scale their businesses while living a better quality and balanced lifestyle. We then dive into why exit plans are key to making money. Linked to this, Mike discusses how important underwriting is to figuring out what your options are with any...2021-04-0915 min
The Real Estate MindsetEp 03: Ditching the W2 with Kyle MitchellMaking the move into multi-family from your W2 may seem daunting, but with the right preparation and a mindset change, you could find success in your new vocation. Today we speak with someone who did just that. Kyle Mitchell is a multi-family investor and syndicator, and in this episode, he tells us about his journey into real estate and how his aspirations have shaped his experiences so far. To open our conversation, Kyle talks about his W2 gig and how he’d never thought about what he wanted to do long-term. That’s when he started dabbling with real esta...2021-04-0527 minReal Estate Investor PodcastEpisode #52: Overcoming Beginner Mistakes to Success with Brock MogensenToday we speak with Brock Mogensen about the mistakes he made as a rookie real estate investor, and how he has developed his processes to iron our potential problems in the future. To kick things off, we ask Brock to share a little on his professional history and his first deal. He touches on the importance of due diligence, and why it is important to meet with tenants on-site. Following this, Brock tells how he and his partners managed a 50% eviction rate and why they avoided a capital call. Later in the show, Brock tells us why it is...2021-04-0211 minReal Estate Investor PodcastEpisode #51: Boost Your NOI for Big Profits with Guido NunezOne of the great things about investing in real estate is that the returns you get from a property can come from so many different places. Today’s guest is Guido Nunez and he joins us to talk about all the creative ways he has boosted his net operating income to take home bigger profits at the end of the day. Our conversation with Guido centers specifically around the strategies he has implemented on his 16-unit in South California. He kicks things off by sharing how he has utilized government rebates to save money on his value add and in...2021-03-2612 minReal Estate Investor PodcastEpisode #50: Know your ROI on Capex Investments with Sandhya SeshadriWhen it comes to value-add strategies, spending your CapEx budget on features that will boost your NOI as much as possible is a must. Today’s guest is Sandhya Seshadri and she joins us to talk about the amazing value-add strategy she implemented on her 86-door property in Cleburne. Since purchasing the property in 2019, Sandhya and her team have been able to upgrade the property significantly using their CapEx budget, and are seeing big gains to their NOI as a result. Our guest begins by sharing some of the specs relating to the purchase of the property. Then we he...2021-03-1911 minReal Estate Investor PodcastEpisode #49: Working with International Investors with Charles CarilloEmploying foreign investor capital could suit your syndication perfectly, but there are some differences in the process compared to working locally. A basic foundation of knowledge will therefore be very beneficial to have so that you can know what to expect before choosing this option. Today’s guest is Charles Carillo and with his extensive experience in working with international investors, he is the perfect guest to give you all the tips you need. Charles is the founder and managing partner of Harborside Partners. He has invested in over $25 million worth of real estate, in several states, and has ex...2021-03-1213 minReal Estate Investor PodcastEpisode #48: Breaking Down His Latest Acquisition with Kyle MitchellWelcome to the Asset Management Mastery Podcast. This show focuses on educating syndicators and apartment owners on how to build systems and manage their properties more efficiently to become best-in-class operators. In today’s show, Gary interviews Kyle about their most recent acquisition in Tucson to take listeners behind the scenes on how they look at markets, opportunities, and executing a business plan. The interview starts with Kyle sharing the merits of the Tucson market and why he and Gary decided to broaden their focus from Phoenix to include it. From there, Kyle gets into some of the factors th...2021-03-0514 minReal Estate Investor PodcastEpisode #34: 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...2021-01-2109 minReal Estate Investor PodcastEpisode #39: 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...2021-01-2112 minReal Estate Investor PodcastEpisode #40: 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...2021-01-2117 minReal Estate Investor PodcastEpisode #22: 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...2021-01-2010 minReal Estate Investor PodcastEpisode #24: 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...2021-01-2017 minReal Estate Investor PodcastEpisode #25: 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...2021-01-2013 minReal Estate Investor PodcastEpisode #32: 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...2021-01-2013 minReal Estate Investor PodcastEpisode #27: 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. 2021-01-2008 minReal Estate Investor PodcastEpisode #26: 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...2021-01-2011 minReal Estate Investor PodcastEpisode #6: 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...2021-01-1812 minReal Estate Investor PodcastEpisode #4: 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...2021-01-1814 minReal Estate Investor PodcastEpisode #20: 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...2021-01-1811 minReal Estate Investor PodcastEpisode #19: 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...2021-01-1811 minReal Estate Investor PodcastEpisode #18: 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...2021-01-1811 minReal Estate Investor PodcastEpisode #17: 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...2021-01-1812 minReal Estate Investor PodcastEpisode #16: 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...2021-01-1815 minReal Estate Investor PodcastEpisode #15: 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...2021-01-1812 minReal Estate Investor PodcastEpisode #13: 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...2021-01-1813 minReal Estate Investor PodcastEpisode #11: 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...2021-01-1814 minReal Estate Investor PodcastEpisode #10: 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...2021-01-1812 min