Shows
Path To Passive: Real Estate Investing For Technology Professionals#100 - What I've Learned from 100 EpisodesSend us a textEver think about what it’s really like to make 100 podcast episodes? In this special episode, Steven looks back on the journey, from being nervous and over-prepared to finding his rhythm and sharing more of his own story. He talks about what worked, what didn’t, and how letting go of perfection made all the difference. You’ll hear about the feedback that meant the most, the listeners tuning in from around the world, and the beliefs he had to drop along the way. Steven also shares a sneak peek at what’s coming n...2025-08-0826 minPath To Passive: Real Estate Investing For Technology Professionals#99 - How to Build Wealth Without Becoming a Landlord with John CasmonSend us a textWhat would you do if your company went under, not once, but twice? That’s exactly what happened to John Casmon, and it became the turning point that led him into real estate. In this episode, Steven sits down with John Casmon as he shares how he went from house hacking a duplex to leading over $150 million in multifamily apartment deals. He talks honestly about the fear, the doubt, and what it took to shift from using only his savings to partnering with others through syndications. If you’ve ever wondered how to buil...2025-08-0158 minPath To Passive: Real Estate Investing For Technology Professionals#98 - Where Does The Money Come From?Send us a textEver wonder how investments actually make money? In this episode of the Smart Tech Investor mini series, Steven keeps it simple and walks you through real examples—from apartments and self-storage to retail spaces, warehouses, land development, and more. If you’re in tech or just starting to explore investing, this one’s for you. Steven explains where the money comes from, who’s paying, and how you get your share. It’s all about understanding how each property works and why people pay to use it. If you're looking to grow your income or...2025-07-2519 minPath To Passive: Real Estate Investing For Technology Professionals#97 - What Luxury Real Estate Really Means and How to Sell Your Home for More with Debbi DiMaggioSend us a textIs luxury real estate really just about the price? In this episode, Steven Arita sits down with Debbi DiMaggio, real estate veteran, coach, and author, to unpack what truly defines luxury in today’s market. With over 35 years of experience in the Bay Area, Debbi shares how service, presentation, and emotional connection matter far more than price tags. She talks about working with celebrity clients, guiding sellers through home prep years in advance, and helping buyers find homes that feel just right. From the evolution of buyer expectations to navigating economic shifts, Debbi of...2025-07-181h 06Path To Passive: Real Estate Investing For Technology Professionals#96 - How Bitcoin Mining Became a Powerful Passive Income Strategy with Beau TurnerSend us a textWhat if instead of buying more stocks or another rental, you could earn passive income from a machine that mines Bitcoin while you sleep? In this episode, Steven Arita chats with Beau Turner, founder of Abundant Mines, about how he went from real estate investing to running a full-time Bitcoin mining business after learning some hard and expensive lessons. Beau breaks down what Bitcoin mining really is, how it’s different from just buying Bitcoin, and how it can generate cash flow and tax savings. They discuss who this is a good fit fo...2025-07-111h 09Path To Passive: Real Estate Investing For Technology Professionals#95 - Real Talk on Wealth, Purpose, and Starting Over with Damion LupoSend us a textWhat does it really take to go from feeling lost with money to finally being in control? In this episode, Steven chats with Damion Lupo as he opens up about starting his first business at age 11, losing millions during the 2008 crash, and how those tough lessons shaped the mission he’s on today. He shares why most people stay stuck, what helped him turn things around, and how building wealth is more about mindset and purpose than just dollars. If you're feeling unsure about your financial path, this is the kind of honest ta...2025-07-0453 minPath To Passive: Real Estate Investing For Technology Professionals#94 - From Fortune 500 to Real Estate Freedom with Niyi AdewoleSend us a textThinking about getting into real estate but not sure if you need a license, or if you should even invest outside your city? In this episode, Steven chats with Niyi Adewole, a former healthcare executive who left the corporate world to build his dream life through real estate. Niyi shares how he got started with a simple house hack in Louisville, grew a 30-unit portfolio, and later transitioned into short-term rentals in Atlanta, as well as self-storage. He breaks down what new investors should focus on, when getting a license makes sense, and...2025-06-2750 minPath To Passive: Real Estate Investing For Technology Professionals#93 - Building Real Security Beyond the Stock Market with Patrick GrimesSend us a textAre your 401K, IRA, and company stock really enough to secure your future? In this episode, Steven Arita talks to Patrick Grimes, a former robotics engineer turned full-time investor, who shares how he went from losing it all in real estate to building real wealth through smart, alternative investments. He talks about the shift from single-family homes to larger apartment deals, and why he now focuses on recession-resistant investments like litigation finance and energy. Patrick explains how “non-correlated” assets work, why they matter, and how tech professionals like you can start building a more...2025-06-2053 minPath To Passive: Real Estate Investing For Technology Professionals#92 - How To Think Like A Business Owner In Your InvestmentsSend us a textWhat if your money could work harder than you do? In this episode, Steven flips the script on how we think about wealth. Instead of just chasing a bigger paycheck, we’ll talk about the power of ownership and why shifting your mindset can make a huge difference.Steven discusses something called return on effort (ROE) and why it matters just as much as return on investment (ROI). Think of it as approaching your finances like a business owner, not just an employee.Whether you’re writing code, leading a te...2025-06-1306 minPath To Passive: Real Estate Investing For Technology Professionals#91 - How One Nurse Left Healthcare to Become a Full-Time Real Estate Investor with Maria MarksSend us a textWhat happens when a nurse shows up to a real estate seminar with an index card full of notes and leaves with a whole new vision for her life? In this episode, Steven Arita chats with Maria Marks, a former nurse who left healthcare to build a real estate business that now gives her steady passive income. Maria opens up about the personal events that led her to start investing, why she skipped single-family homes and went straight into multifamily, and what it really felt like to wait over a year for her...2025-06-0654 minPath To Passive: Real Estate Investing For Technology Professionals#90 - From Rock Bottom to Real Estate Wealth with Pete SchneppSend us a textIn today’s episode, Steven chats with Pete Schnepp, who went from losing his first home in the 2008 crash and getting hit with a lawsuit, to building a real estate portfolio with over 100 rental units. Pete opens up about the tough lessons that shaped how he invests today, why uncertain markets can be full of opportunity, and how buying just one property a year can seriously change your future. They talk about what it really takes to build wealth, the truth behind “passive” income, and why partnering with the right people often beats going...2025-05-3045 minPath To Passive: Real Estate Investing For Technology Professionals#89 - How Passive Is Passive Income, Really?Send us a textIn this episode, Steven shares a personal story that challenges the idea of truly passive income in real estate. After a conversation at RaiseFest, he reflects on his own rental experience, highlighting the unexpected time and stress involved. He breaks down the spectrum of investing, from hands-on roles like flipping to more hands-off options like being a limited partner. If you're aiming to grow your income without sacrificing your time, this episode offers honest insight and practical advice on how to invest like an owner, not a manager.Episode highlights:(0:00...2025-05-2308 minPath To Passive: Real Estate Investing For Technology Professionals#88 - How to Build a Family Office for Real Estate Investors with James BohanSend us a textIn this episode, Steven chats with James Bohan, a CPA and founder of Stonehenge Accountancy, about how tech professionals can start building real, lasting wealth. James talks about his fast rise in corporate finance and how that led him to launch his own accounting and real estate investment firms. They break down what a family office is, who it’s for, and how it can help manage money smarter, especially for families with significant wealth. James also shares practical ways to save on taxes, plan for future generations, and lead with purpose, drawing fr...2025-05-1648 minPath To Passive: Real Estate Investing For Technology Professionals#86 - Building Wealth Through Real Estate Syndication with Danny FloresSend us a textIn this episode, Steven Arita sits chats with Danny Flores, the founder of Prime Capital, to talk about his journey from working construction jobs to leading large multifamily real estate deals. Danny shares how his early hands-on experience and a background in finance and banking helped him build a successful career in real estate investing.Their conversation covers a lot of ground—everything from hiring the right team to managing properties and keeping investors in the loop. Danny opens up about the importance of trust, clear communication, and building strong relationships, no...2025-05-0246 minPath To Passive: Real Estate Investing For Technology Professionals#85 - How Real Estate Investors Use the Tax Code to Keep More Cash with Dave FosterSend us a textIn this episode, Steven Arita sits down once again with Dave Foster, a longtime real estate investor and tax expert, for another high-energy, no-fluff conversation about how to use the tax code to your advantage. Dave breaks down why the tax system is built to reward certain behaviors, like owning rental property or reinvesting through 1031 exchanges, and how understanding that can completely change the way you approach investing.They get into the good stuff: depreciation, cost segregation, bonus depreciation, and how tools like Section 179 can unlock serious tax savings—not just fo...2025-04-251h 08Path To Passive: Real Estate Investing For Technology Professionals#84 - What Smart Investors Should Know About Private Credit with Mike SullivantSend us a textIn this episode, Stephen Arita chats with Mike Sullivant from Aspen Funds about how private credit is opening up new ways to invest in real estate, especially for tech professionals who want to build wealth without taking on another job. Mike explains in simple terms what private credit is, why it’s needed now more than ever, and how it fits into real estate deals when banks can’t or won’t lend enough.They talk about the types of properties Aspen focuses on, like apartment buildings and neighborhood retail, and how th...2025-04-1856 minPath To Passive: Real Estate Investing For Technology Professionals#83 - Navigating Real Estate for Tech Professionals with Neal BawaSend us a textIn this episode, Steven Arita chats with Neal Bawa, a former tech entrepreneur who found a smarter way to build wealth through real estate. Neal shares how he went from working a high-paying job in California to building a successful real estate business—without becoming a full-time landlord or giving up his day job right away.Neal breaks down an easy-to-follow path for tech professionals who make good money but don’t know where to start with investing. Neal explains how even a $25,000 investment can be a smart first step, and how...2025-04-1152 minPath To Passive: Real Estate Investing For Technology Professionals#82 - From Dirt to Dollars: Unlocking the Hidden Gold of Industrial Real Estate with Christopher LongSend us a textIn this episode, Steven Arita talks with Christopher Long, a carpenter who turned his love for building into a business called Long Yards. Chris explains how Long Yards helps businesses by providing flexible storage spaces for things like equipment, trailers, and workspaces. They offer cool options like mobile offices ("Long Offices") and foldable containers ("Long Boxes"), along with secure, short-term leases.Chris also shares his “Go Long or Go Home” program, where people can use SBA loans to start their own yard sites using Long Yards’ system. He talks about his approa...2025-04-0445 minPath To Passive: Real Estate Investing For Technology Professionals#81 - Why Smart Investors Choose to Be the Bank, Not the Landlord with Eddie SpeedSend us a textIn this episode, Steven Arita sits down with note investing expert Eddie Speed to unpack a smarter, less stressful way to invest in real estate—without becoming a landlord. With more than 45 years of experience, Eddie breaks down how buying discounted first mortgages can create steady cash flow without the headaches of managing tenants or properties.He shares practical insights on how note investing works, why now is a great time to get started, and how to manage risk while maximizing returns. You’ll hear why using loan servicers makes note inve...2025-03-2851 minPath To Passive: Real Estate Investing For Technology Professionals#80 - Straight A Real Estate: How Top School Districts Make Smart Investors Richer with Sean O’DowdSend us a textIn a conversation with Steven Arita, Sean O'Dowd, the founder of Scholastic Capital, talks about his special way of investing in real estate. He focuses on buying single-family homes in areas with great schools. Sean’s own experience of moving 22 times and growing up with a teacher mom helped him understand how important good schools are to families when choosing a place to live. His fund aims to help families, especially professionals like doctors and engineers, find homes in these top school districts.Sean explains how Scholastic Capital finds the best pl...2025-03-2156 minPath To Passive: Real Estate Investing For Technology Professionals#79 - Investing in Affordable Housing: How to Build Wealth While Making an Impact with Peter NeillSend us a textIn this episode, Steven Arita chats with Peter Neill, co-founder of GSP REI, about his journey into real estate investing, particularly in workforce and affordable housing. Peter opens up about transitioning from a media and marketing background to running a fund that focuses on revitalizing distressed properties. He reflects on how his early experiences with real estate and distressed mortgages shaped his approach to investing today.The conversation dives into the importance of building strong relationships with investors, what to look for when evaluating opportunities, and why affordable housing is such...2025-03-1457 minPath To Passive: Real Estate Investing For Technology Professionals#78 - Market Dynamics and Investment Strategies with Danny KattanSend us a textIn this episode, Steven Arita talks with Danny Kattan, co-founder of PIA Residential, about his 20-year journey in real estate. With over 400 properties and $400 million in assets, Danny opens up about how he made the leap from investment banking to real estate. He shares his perspective on key topics like economic cycles, cap rates, leverage, and risk, offering advice that’s helpful for investors at any level.Danny emphasizes the importance of grit, resilience, and understanding the financial side of real estate. He shares stories from his own experiences, such as bu...2025-03-071h 21Path To Passive: Real Estate Investing For Technology Professionals#77 - The Power of Asset Management in Real Estate Investing with Wayne Courreges IIISend us a textIn this episode of the Path to Passive podcast, Steven Arita sits down with Wayne Courreges III, the managing principal of CREI Partners. Wayne talks about his journey, from his time in the Marine Corps to working at CBRE, and how he eventually made the leap into real estate investing. He explains the differences between single-family and multifamily properties and why taking care of your investments is key to long-term success.The discussion also dives into leadership and teamwork in real estate. Wayne shares the values that guide his company—R.I...2025-02-281h 12Path To Passive: Real Estate Investing For Technology Professionals#76 - Multifamily Insurance Made Simple: Protecting Your Investment To Avoid Costly Mistakes with Jeff KingSend us a textIn today’s episode of the Path to Passive podcast, Stephen Arita sits down with Jeff King, an insurance expert from Ramey King Insurance, to discuss why having the right insurance is crucial for anyone investing in multifamily real estate. Jeff talks about how solid coverage not only protects your property but also helps keep your investment on track for long-term success.They dive into the basics of multifamily insurance—like why it's so important to work with an agent who understands commercial real estate, the different types of coverage you...2025-02-211h 05Path To Passive: Real Estate Investing For Technology Professionals#75 - No Banks, No Problem: Creative Real Estate Hacks with Chris PrefontaineSend us a textIn this episode, Steven Arita chats with Chris Prefontaine, an experienced real estate investor and coach, about the power of creative financing in building lasting wealth. Chris takes us through his journey, from starting in real estate in 1991 to surviving the 2008 crash, and eventually building a successful family business focused on buying and selling properties without relying on traditional banks.Chris walks us through the three main ways his company acquires properties: owner financing, subject-to deals, and lease purchases. He explains how each method works, the advantages over traditional investing, and...2025-02-1444 minPath To Passive: Real Estate Investing For Technology Professionals#74 - Building Wealth for Blue-Collar Entrepreneurs with Kurt SimonSend us a textIn this episode, Steven Arita chats with Kurt Simon, the founder of Blue Capital Investment, about his inspiring journey from construction worker to real estate investor and private equity leader. Based in Waimea, Hawaii, Kurt is on a mission to help blue-collar entrepreneurs—like electricians, plumbers, and roofers—make their money work for them through real estate.Kurt talks about how Rich Dad, Poor Dad sparked his path to financial freedom and how changing his mindset from scarcity to abundance has been key to his success. He also dives into why real...2025-02-0751 minPath To Passive: Real Estate Investing For Technology Professionals#73 - Boost Productivity & Reclaim Time with Virtual AssistantsSend us a textIn this episode, host Steven Arita explores how virtual assistants (VAs) can help you free up time, boost productivity, and focus on what truly matters. Many tech professionals struggle to juggle their jobs, side projects, and personal lives. The key to breaking free? Offloading the 80% of tasks that drain your time and energy.You’ll also hear real-life examples, practical steps for getting started, and tips on how to build trust with your assistant. Whether you’re looking to scale your business, improve your work-life balance, or simply get more done, this...2025-01-3123 minPath To Passive: Real Estate Investing For Technology Professionals#72 - Mastering Marketing, AI, and Entrepreneurship with Jason WrightSend us a textIn this episode, host Steven Arita chats with Jason Wright, founder of Intentionally Inspirational. Jason shares his unexpected journey into marketing and how he built a business combining technology and personal connections. They explore the differences between marketing and sales, the role of authenticity, and staying ahead with tools like AI.Jason offers practical tips on lead generation, nurturing customer relationships, and using platforms like ActiveCampaign. He also opens up about the challenges of entrepreneurship, the lessons he’s learned, and the importance of balancing personal values with professional goals.2025-01-2443 minPath To Passive: Real Estate Investing For Technology Professionals#71 - Unlocking Your Unique Ability for Greater SuccessSend us a textIn this episode, we explore the powerful concept of “unique ability,” popularized by Dan Sullivan, to help you maximize your strengths and energy in real estate investing, your tech career, and beyond. Our host explains how identifying what you’re naturally great at and what energizes you can lead to better results, increased satisfaction, and effective collaboration. Whether you’re an investor aiming to build wealth or a professional looking to thrive in your career, this framework offers practical steps to focus on your strengths and delegate the rest.You’ll learn acti...2025-01-1723 minPath To Passive: Real Estate Investing For Technology Professionals#70 - Buying Real Estate in Australia's Sunshine Coast with Simon ThomasSend us a textIn this episode, host Steven Arita chats with Simon Thomas, founder of Coast Property Buyers based in Australia’s Sunshine Coast. Simon shares insights into this stunning coastal region's booming real estate market, renowned for its warm climate, breathtaking beaches, and laid-back lifestyle. They discuss the difference between the Sunshine Coast and the Gold Coast, local demographics, and the unique appeal of the Sunshine Coast for families, retirees, and investors alike.They also talk about common buyer mistakes, the rise of short-term rental investments, and the Sunshine Coast’s potential for stro...2025-01-101h 10Path To Passive: Real Estate Investing For Technology Professionals#69 - Building Resilience and Success Through Life’s Challenges with Nick PrefontaineSend us a textIn this episode, host Steven Arita sits down with Nick Prefontaine to explore his incredible journey from surviving a life-threatening snowboarding accident to becoming a successful real estate professional and motivational speaker. Nick shares how his experiences shaped the creation of the STEP system: Support, Trust, Energy, and Persistence—a framework that has guided him through personal and professional challenges.Nick recounts the fateful day in eighth grade that changed his life, his long road to recovery, and the determination that saw him through months of rehabilitation. He also discusses his en...2025-01-031h 01Path To Passive: Real Estate Investing For Technology Professionals#68 - Reflection of 2024 Achievements & TakeawaySend us a textIn this final episode of the year, Steven reflects on the lessons, growth, and accomplishments of 2024 while looking forward to exciting opportunities in 2025. Steven emphasizes the importance of progress over perfection, leveraging the right tools and people, and celebrating your gains rather than fixating on the gaps. He shares highlights from his year, including launching his podcast and website, setting up an email marketing system, achieving personal fitness goals, and fostering professional growth.Episode highlights:[2:54] Personal insights and reflections on 2024[4:32] Explanation of the "Gap and the Gain" concept[7:50...2024-12-2725 minPath To Passive: Real Estate Investing For Technology Professionals#67 - Crush Your 2025 Goals: Simple Steps to Success with OKRsSend us a textIn today’s episode, host Steven dives into goal setting for 2025 with a proven framework: OKRs (Objectives and Key Results). Used by giants like Google and Intel, OKRs provide a clear path to turn your goals into measurable actions. Steven breaks down the process into simple, actionable steps, showing how you can set inspiring objectives and track key results to make progress every week, month, and quarter. Steven provides real-world examples to help you create a vision and crush your goals, whether you're looking to make your first investment or improve your fitness.2024-12-2020 minPath To Passive: Real Estate Investing For Technology Professionals#66 - From Tech to Real Estate: Building Wealth Through Smart Investing with Sasha TsimblerSend us a textIn this episode, we sit down with Sasha Tsimbler to discuss his inspiring journey from tech professional to seasoned real estate investor. Sasha shares how his wife, Sophie, introduced him to real estate, transforming his mindset from stock market-focused to exploring single-family homes, Airbnb rentals, and eventually multifamily investing. He opens up about the challenges of managing Airbnb, from high maintenance demands to unexpected guest issues, and why they transitioned most properties to long-term rentals.The conversation also highlights the power of multifamily investments as a scalable and passive way to...2024-12-131h 15Path To Passive: Real Estate Investing For Technology Professionals#65 - Tax-Free Wealth Strategies with Dave Foster: Mastering 1031 Exchanges and Real Estate SuccessSend us a textIn this episode, we sit down with Dave Foster, a 1031 exchange expert, to uncover practical ways to save on taxes and build long-term wealth through real estate. Whether you're a seasoned investor or just starting out, Dave explains how the 1031 exchange can help you defer taxes when selling and buying investment properties so your money keeps working for you. He also shares how homeowners can use Section 121 to pocket up to $500,000 tax-free when selling their primary residence.Dave brings his expertise to life with personal stories, including how he used these...2024-12-061h 02Path To Passive: Real Estate Investing For Technology Professionals#64 - Unlocking Freedom: 4 Steps to Transform Your Time, Money, and PurposeSend us a textIn this Thanksgiving-themed episode, Steven reflects on the power of gratitude and its role in living a meaningful life. He shares insights from Dan Sullivan and Ben Hardy’s books, "Who Not How" and "10X Is Easier Than 2X," exploring how shifting your mindset can lead to exponential growth in investing and life. Steven introduces the "Four Freedoms" framework—freedom of time, money, relationships, and purpose—and explains how these principles can align with your investing journey.This episode encourages you to dream big, set bold goals, and align your financial strate...2024-11-2928 minPath To Passive: Real Estate Investing For Technology Professionals#63 - Building Wealth Through Real Estate: Lessons from Ginger FaithSend us a textIn this episode, we sit down with Ginger Faith, a seasoned real estate investor with over 30 years of experience. Ginger shares her journey from flipping 52 houses (two of which appeared on HGTV) to becoming an Airbnb Superhost and managing large-scale real estate projects. She’s also the founder of the Wealth Network Meetup in the San Francisco Bay Area and has been featured on major platforms like Fox, CBS, and Yahoo Finance. Ginger talks about how she helps women build wealth through innovative real estate investing while staying true to their values and go...2024-11-2254 minPath To Passive: Real Estate Investing For Technology Professionals#62 - From Hustler to Investor: Building Wealth with Cash Flow and Passive Income with Trevor OldhamSend us a textIn this episode of Path to Passive, host Steven chats with Trevor Oldham, CEO of Podcasting You, a podcast booking agency that connects alternative investment companies with top podcasts. Trevor shares his journey from entrepreneurial experiments in high school to creating a business that has booked over 6,500 interviews for clients in real estate, private equity, and more. As an investor, Trevor offers insights into building a passive income portfolio, emphasizing cash flow investments like mortgage notes, self-storage, and triple net leases.Tune in to learn how Trevor transitioned from side hustles...2024-11-1553 minPath To Passive: Real Estate Investing For Technology Professionals#61 - Unlocking Real Estate Success: Arn Cenedella's Journey from Single-Family to Multifamily InvestmentsSend us a textIn this episode, real estate expert Arn Cenedella shares his journey from single-family homes to multifamily investments, revealing key lessons he learned over 46 years. Arn discusses the benefits of passive investing for busy professionals, highlights the importance of diversification, fixed-rate debt, and long-term appreciation, and offers insights on building wealth through disciplined investing. His advice helps listeners understand how to achieve financial freedom and make a positive impact in their communities through real estate.Arn Cenedella is a real estate broker and investor with over 40 years of experience. He built a...2024-11-0859 minPath To Passive: Real Estate Investing For Technology Professionals#60 - Master Passive Income: Brent Bowers' Land Investing Strategies for Lasting WealthSend us a textIn this episode, host Steven Arita welcomes Brent Bowers, owner of The Land Sharks, an expert in land investing and a military veteran. Brent shares his journey, emphasizing his commitment to creating financial freedom and passive income through strategic land investments. He discusses his simple but powerful method of buying vacant land at a discount, adding value, and selling with seller financing to create consistent cash flow. Brent also explains the importance of building a supportive team, his approach to leveraging partnerships for growth, and the impact of small, consistent actions. Brent reflects...2024-11-0154 minPath To Passive: Real Estate Investing For Technology Professionals#59 - Smart Investing for Tech Professionals: Key Takeaways After AIMNATCONSend us a textIn this episode, we discuss some things host Steven Arita learned from AIMNATCON, focusing on real estate market dynamics that influence successful investments. Stephen shares highlights, such as the importance of understanding the “affordability gap” — the growing cost difference between renting an apartment and owning a home. He also emphasizes the importance of keeping up with trends in population growth and how that affects housing demands. Stephen discusses why evaluating specific market factors, like population trends, job opportunities, and housing supply, is essential before investing in real estate. For tech professionals aiming to balanc...2024-10-2520 minPath To Passive: Real Estate Investing For Technology Professionals#58 - Why Build-to-Rent Is Booming: Insights from Ryan Watts of Red River DevelopmentSend us a textIn this episode, we are joined by Ryan Watts from Red River Development. Ryan shares his journey, starting in real estate while still in college and transitioning from oil and gas to founding Red River Development with his brother and partner, Jay Dempsey. Ryan discusses their focus on the Build-to-Rent (BTR) market, offering a hybrid between suburban rental homes and multifamily apartments. They provide residents with a pool, fitness center, dog parks, and private backyards.Ryan emphasizes the importance of good partners in building a successful business and outlines Red River’s...2024-10-1946 minPath To Passive: Real Estate Investing For Technology Professionals#57 - Harnessing the Entrepreneurial Spirit in Real Estate with Eric BurnsSend us a textIn this episode of Path to Passive, we sit down with Eric Burns to discuss his unexpected journey into real estate and how it shaped his approach to investing. Eric shares how a “sweat equity” project on his first rental property opened the door to a deeper understanding of real estate. He also emphasizes the importance of building passive income streams and advises young investors to jump in, even if they don’t have everything figured out. Throughout the conversation, Eric encourages entrepreneurs to focus on future success and make calculated moves to set th...2024-10-1154 minPath To Passive: Real Estate Investing For Technology Professionals#56 - Exploring Market Trends and Investment Opportunities with Casey StrattonSend us a textIn this episode of Path to Passive, we sit down with Casey Stratton, a seasoned real estate professional with over a decade of experience, specializing in multifamily assets. Casey shares his journey, starting with his first property investment during the Great Recession and how that led him to financial independence. He talks about the challenges he faced, including managing his first rental properties, and the important lessons he learned about outsourcing tasks to experts. Casey emphasizes the value of partnerships, leveraging his finance skills, and how critical it is to focus on high-value...2024-10-0446 minPath To Passive: Real Estate Investing For Technology Professionals#55 - Debunking The ‘5 People’ Myth: Why It’s Not Time That MattersSend us a textLet’s explore how the five people we surround ourselves with can shape our personal and professional growth. In this episode, we talk about how it’s not just about who we spend time with, but whose opinions we value and allow to influence us. Host Steven Arita emphasizes the importance of auditing the people in our circle and ensuring they align with our values, whether in business, health, or relationships. The episode also highlights his upcoming attendance at the AIMNATCON 2024, featuring speakers like Tom Wheelwright and Robert Helms, who offer insights on real...2024-09-2717 minPath To Passive: Real Estate Investing For Technology Professionals#54 - From Financial Ruin to Real Estate Triumph with Mike HubbellSend us a textIn today’s episode, we sit down with Mike Hubbell, a seasoned real estate investor who has transformed his journey of personal and financial challenges into a thriving business. Mike shares his story of going from losing everything to bouncing back stronger, managing distressed assets, and developing impactful real estate strategies. His focus on creating sustainable systems that serve both investors and communities is truly inspiring. We dive into Mike’s approach to building trust through timely payments, his rules for investing wisely, and the importance of helping distressed people rather than just acqu...2024-09-2052 minPath To Passive: Real Estate Investing For Technology Professionals#53 - You Only Have So Many Sets Of 10,000 hoursSend us a textIn this episode, we explore the value of time and how to maximize it. Host Steven Arita encourages listeners to think about their finite hours in a day, focusing on becoming great at one or two things rather than spreading themselves thin. He introduces the idea of the "10,000-hour rule," popularized by Malcolm Gladwell, explaining that becoming an expert requires dedication, focus, and consistency over time. Steven also shares personal stories about managing his time as a tech professional, real estate investor, and podcast host. He emphasizes the importance of saying “no” to dist...2024-09-1337 minPath To Passive: Real Estate Investing For Technology Professionals#52 - From Digital Marketing to Commercial Real Estate Investing with Merrick LeeSend us a textIn this episode of Path to Passive, we chat with Merrick, a tech professional who transitioned into real estate investing. He shares his journey, starting from a curiosity about how people own large buildings, inspired by watching shows like Love It or List It, to becoming a multifamily real estate investor. Merrick highlights the importance of learning from others in the industry, taking classes, and talking to professionals to build confidence. He explains how real estate is similar to digital marketing, focusing on attracting tenants and investors while adding value to properties. 2024-09-0638 minPath To Passive: Real Estate Investing For Technology Professionals#51 - 10 Things I've Learned Publishing 50 EpisodesSend us a textIn this milestone episode of the Path to Passive podcast, host Steven Rita reflects on his journey, sharing the ten key lessons he's learned after 50 episodes. Steven dives into the importance of consistency, the value of preparation, and the significance of building genuine connections with guests. He emphasizes the power of research to create meaningful conversations and how providing a platform for guests not only brings value to the audience but also to the guests themselves. Steven discusses the benefits of collaboration, the need for a clear vision, and the importance of making...2024-08-3024 minPath To Passive: Real Estate Investing For Technology Professionals#50 - Transforming Rural Land: Game-Changing Strategies with Clayton HeplerSend us a textIn this episode of the Path to Passive podcast, we dive into the journey of scaling a real estate business with our guest, Clay Hepler. Clay shares his experiences and the harsh realities of building a successful land investing business, emphasizing the importance of focusing on markets with high sale velocities and low competition. He talks about how he transitioned from a multifamily and house flipping background to land investing, detailing the ups and downs, including facing personal financial crises and overcoming them. Clay also discusses his approach to business growth, including the...2024-08-231h 03Path To Passive: Real Estate Investing For Technology Professionals#49 - From Builder to Developer: A Journey of Growth with Charles CoveySend us a textIn this episode, we dive into a conversation with Charles Covey, a seasoned developer and entrepreneur with deep roots in construction. Charles shares his journey from starting as a teenager framing houses in the Texas heat to building a successful construction company, managing projects worth billions, and eventually transitioning into real estate development. He emphasizes the importance of learning from mistakes and the value of relationships in his career. Charles also discusses his approach to risk, highlighting how technology and data have transformed his decision-making process. He touches on the current housing crisis...2024-08-161h 08Path To Passive: Real Estate Investing For Technology Professionals#48 - Navigating Multifamily Real Estate: Insights, Strategies, and Trends for Tech Professionals with Sharon RiddleSend us a textJoin us in today’s episode as Sharon Riddle details her journey in multifamily property investment, offering valuable insights into passive investing, the critical role of strong operations, and the significance of finding a supportive community and mentor. She clarifies the distinction between asset and property management, highlighting the importance of clear communication with sponsors and encourages investors to utilize their existing skills. Sharon also addresses the challenges and trends in today's multifamily market, emphasizing the potential for creating multi-generational wealth through real estate. She incorporates Stoic philosophy into her approach, underscoring the im...2024-08-091h 03Path To Passive: Real Estate Investing For Technology Professionals#47 - Securing Your Financial Future with Expert Insights From Collin TaylorSend us a textAre you prepared for the unexpected twists life throws your way? In this episode with Collin Taylor, we dive into crucial financial planning topics that tech professionals and investors often overlook. Our hosts discuss the importance of reviewing and updating your will during significant life events like having children, divorces, marriages, and the passing of parents. They emphasize the need to keep your beneficiaries current to avoid unwanted surprises. We also explore the foundations of self-directed IRAs (SDIRAs) from previous episodes, building on the knowledge to discuss additional accounts such as ESAs and...2024-08-0248 minPath To Passive: Real Estate Investing For Technology Professionals#46 - Building Wealth with Real Estate: Insights from CPA and Investor Stewart HeathSend us a textCan you really make money in real estate even during economic turbulence? In this episode, Stewart Heath, CPA, talks about the necessity of maintaining a hyper-focus in real estate investing, the effects of interest rates, and the complexities of investing in office buildings. He highlights the importance of market knowledge and tenant retention within the commercial real estate field. Additionally, Stewart discusses the significance of cash-flowing investments, the value of real estate, and essential factors for accredited tech professionals interested in private placements. He also offers insights on underwriting office deals and shares...2024-07-261h 07Path To Passive: Real Estate Investing For Technology Professionals#45 - Tech to Real Estate: Janice Bell's Guide to Financial Freedom and Property InvestmentsSend us a textIn this episode, Steven Arita sits down with Janice Bell, an experienced real estate investor and coach, to explore the intricacies of passive investing through self-directed IRAs and HSAs. Janice shares her journey from working in the biotech industry to becoming a nationwide real estate investment coach, detailing the strategies and challenges involved in using tax-deferred accounts for real estate projects. The discussion covers essential topics such as vetting investments, understanding the capital stack, and the importance of ongoing education. Whether you're a tech professional looking to diversify your portfolio or a seasoned...2024-07-191h 08Path To Passive: Real Estate Investing For Technology Professionals#44 - From Amish Roots to Real Estate Success: The Elam King StorySend us a textIn this episode, we sit down with Elam King, a former member of an Amish community who transitioned into a successful real estate entrepreneur. Elam shares his unique journey, from his early life in the Amish community to his current endeavors in real estate, particularly short-term rentals. He discusses the cultural values he grew up with and how they influenced his business mindset and practices. Elam also talks about the challenges and rewards of managing short-term rentals, including his approach to overcoming obstacles and maintaining a vision that ignites people's souls. He emphasizes...2024-07-121h 03Path To Passive: Real Estate Investing For Technology Professionals#43 - Revolutionizing Real Estate Investing: Insights on Cloud Computing & AI with Kirill BensonoffSend us a textIn today’s episode, we are joined by Kirill Bensonoff, the co-founder and Chief Product Officer of New Silver, a fintech startup focused on hard money lending. Together, they explore the evolution of cloud computing and its impact on businesses. They talk about the initial skepticism around cloud technology and its gradual acceptance. They also discussed the role of AI and blockchain in improving efficiency and reducing costs in real estate transactions, as well as the speaker’s passion for enhancing local communities through intelligent real estate investments.More about Kirill Bens...2024-07-0547 minPath To Passive: Real Estate Investing For Technology Professionals#42 - Tech Meets Real Estate: Building Wealth And Passive Income With Michael ParksSend us a textIn this podcast episode, Stephen interviews an experienced tech professional who transitioned into the real estate industry. Michael Parks shares his mission of helping people find their path to wealth, emphasizing the importance of managing personal finances and investing wisely. He talks about his journey, starting with hair salons and vacation rentals, and how he learned the value of multifamily properties over single-family homes for better returns and forced appreciation. The conversation highlights the differences between single-family and multifamily investments, the importance of cash flow, and the benefits of diversifying investments beyond the...2024-06-281h 01Path To Passive: Real Estate Investing For Technology Professionals#41 - Navigating the World of Mobile Home Park Investments with Shan BartonSend us a textIn this episode, we chat with Shan Barton, a seasoned real estate investor, about his journey from owning single-family rentals to managing mobile home parks. We explore the world of mobile home parks and their unique dynamics. Shan recounts his initial steps in real estate investing, starting with renting out his primary home and realizing the steady cash flow it provided despite high mortgage rates at the time. He also dives into the significant advantages of investing in mobile home parks, such as better cash flow and ease of management compared to multifamily...2024-06-2151 minPath To Passive: Real Estate Investing For Technology Professionals#40 - From Adobe Houses to Real Estate Success: George Salas on Resilience, Growth, and Scaling UpSend us a textIn this episode, Steven Arita talks to George Salas, a dynamic real estate investor, who tells an inspiring story. George shares his humble beginnings, growing up in an adobe house in a small town and moving to the U.S. at 15. He reflects on his journey from working in hospitality and event promotions to losing his savings in a failed business venture. Despite these challenges, George's determination led him to discover real estate. He recounts how a friend's intervention and a powerful seminar ignited his passion for real estate, leading him to study...2024-06-1454 minPath To Passive: Real Estate Investing For Technology Professionals#39 - Mastering Wealth Building: Guide To Advanced Investment Strategies With Collin TaylorSend us a textThis is part 2 of my conversation with Collin Taylor. In this episode, we discuss wealth-building strategies for tech professionals through commercial real estate. They continue their discussion about self-directed IRAs (SDIRAs), specifically addressing what they are and their benefits. They discuss how SDIRAs give investors more control over their retirement savings by allowing investments in alternative assets like real estate, cryptocurrency, and more. They also introduce HSAs (Health Savings Accounts) and their unique tax advantages, emphasizing how HSAs can be used to grow wealth through investments while benefiting f...2024-06-0749 minPath To Passive: Real Estate Investing For Technology Professionals#38 - The Stages of Competence: Why Consistent Effort Trumps Raw TalentSend us a textIn this episode, Steven breaks down the four stages of competence and how understanding these stages can help you master new skills, including investing and personal finance. He shares personal insights on the importance of consistency, the time it takes to see results, and how to stay motivated throughout the learning process. He also offers practical advice on evaluating your progress and setting realistic expectations based on the time and effort invested. He encourages listeners to reflect on their journey, identify where they are in the learning process, and use this a...2024-05-3120 minPath To Passive: Real Estate Investing For Technology Professionals#37 - Exploring The Investment Potential Of RV Parks: Insights From Andrew BrownSend us a textCould leaving the corporate world be your ticket to financial freedom and success? Join us as Andrew Brown shares his inspirational journey from the suit-and-tie grind to a booming $6 million raise for an innovative RV park venture. He talks about the reason why he invested in an RV park, noting its advantages over other real estate types and its resilience during the COVID-19 pandemic. Andrew highlights the changing demographics of RV park residents and the flexibility in the customer mix. He compares RV parks with single-family homes and mobile home parks, detailing their...2024-05-2457 minPath To Passive: Real Estate Investing For Technology Professionals#36 - The Power of Live Events for Real Estate InvestingSend us a textIn this episode, we dive into the immense benefits of attending live events for real estate investors, especially those in the tech industry. Steven shares experiences and insights on why live events are crucial for learning, networking, and personal growth. We explore how attending these events can fast-track your journey to financial freedom by allowing you to connect with like-minded individuals, learn from experts, and immerse yourself in an environment of growth and collaboration.Episode highlights:(1:24) Initial thoughts on attending live events(4:24) Value of...2024-05-1724 minPath To Passive: Real Estate Investing For Technology Professionals#35 - Unlocking Wealth-Building Secrets with Real Estate Savvy Techies With Paul BonomiSend us a textIn this week’s episode, Steven is joined by Paul Bonomi, and he graciously shares his journey as a limited partner investor in multifamily properties, starting from a single investment and gradually expanding over time. He stresses the importance of networking, education, and finding reliable sponsors. Paul distinguishes between active and passive investing and explains why he opted to be a limited partner. He emphasizes the necessity of thorough due diligence and understanding the asset class before committing to investments. Paul also offers advice for newcomers to the field and expresses openness to di...2024-05-1055 minPath To Passive: Real Estate Investing For Technology Professionals#34 - Unlocking the Secrets of Self-Directed IRAs With Collin TaylorSend us a textJoin host Steven Arita as he explores the world of self-directed IRAs (SDIRAs) with Collin Taylor, an IRA specialist at Quest Trust Company. Learn about SDIRAs, who can use them, and how they can help tech professionals build wealth through alternative assets like real estate, private lending, and more. Discover funding options, investment strategies, and the tax advantages of SDIRAs. Whether you're a seasoned investor or just getting started, this episode offers valuable insights into maximizing your retirement future.Reach out to Collin:LinkedIn: https://www.linkedin...2024-05-0356 minPath To Passive: Real Estate Investing For Technology Professionals#33 - Mastering Your Wealth: The Vital Role of Your Personal Financial StatementSend us a textIn this episode, host Steven Arita dives into the crucial topic of personal financial statements. Using important data like survey results and personal experiences, he emphasizes the importance of tracking net worth as a key aspect of understanding and growing wealth. Steven breaks down the components of a balance sheet, explaining how to categorize assets and liabilities. Whether you're a tech professional or simply aiming to build financial stability, this episode offers practical advice and tools for taking control of your financial future. Tune in to learn why mastering your personal financial statement...2024-04-2615 minPath To Passive: Real Estate Investing For Technology Professionals#32 - Unlocking Property Potential: The Art of Land Development with Eugene GershmanSend us a textIn this episode, Eugene Gershman, founder of GIS Companies, dives into maximizing property value through land development rather than selling it outright. He emphasizes the benefits of forming partnerships with property owners to share risks and rewards, underlining the importance of transparency and flexibility in such collaborations. Eugene outlines the development timeline, typically 4-7 years, with a target return of 2X equity multiple, and discusses the nuances of real estate investments, including risk management and market analysis. He also explores the role of technology in reshaping the development industry. He offers valuable advice...2024-04-1955 minPath To Passive: Real Estate Investing For Technology Professionals#31 - Unlocking Passive Income Secrets Without Termites, Tenants, or ToiletsSend us a textIn this episode, host Steven Arita talks about the topic of generating passive income through real estate minus the headaches of dealing with tenants, termites, or toilets. He breaks down these three notorious aspects of real estate investing that often eat up time and pose challenges. He traces his journey from the tech world to real estate investment, discussing various strategies he tested, from single-family residences to syndications. He highlights how individuals from tech backgrounds can utilize their resources to dive into commercial real estate and enjoy passive income. Steven also tackles the...2024-04-1220 minPath To Passive: Real Estate Investing For Technology Professionals#30 - From Maritime Expertise to Real Estate Prosperity With Scott KiddSend us a textIn this episode, Scott Kidd shares his insights on real estate investing, focusing on multifamily properties and self-storage. He discusses the value-add strategy, tenant satisfaction, and introduces a fund of funds concept blending real estate with e-commerce for potential tax benefits. Scott also touches on his maritime background, highlighting the clarity he finds at sea. He emphasizes teamwork, communication, and mental clarity in both industries. Scott's passion for mentorship led him to start a meetup to guide others in real estate, advising new investors to prioritize learning and networking before diving into deals...2024-04-0553 minPath To Passive: Real Estate Investing For Technology Professionals#29 - Building Blocks of Real Estate Wealth: Mastering The FundamentalsSend us a textIn this episode, Steven Arita discusses the fundamentals of real estate investing. He emphasizes the importance of a solid foundation and a thorough understanding of core principles. Steven discusses various topics, including goal setting, deal structure, return metrics, due diligence, and market analysis. He recommends several books and resources for learning the fundamentals, as well as a Warren Buffett quote to remind readers not to lose money. The episode ends with a call to action for listeners to educate themselves and learn the language of investing.Investor 101 resource: ...2024-03-2920 minPath To Passive: Real Estate Investing For Technology Professionals#28 - Leveraging the Past, Building the Future- Brent Card's Journey in DevelopmentSend us a textIn this episode with real estate developer Brent Card, we discuss his journey and the lessons learned in the industry. He shares how his passion for real estate was ignited and discusses the challenges encountered, particularly in land development and condo sales. He also shares the importance of understanding project timelines and returns for investors, advocating for streamlined processes like escrow periods. Brent also highlights the transformative impact of technology on construction, stressing the need for efficient communication and fostering a positive company culture. He encourages investors to align their goals and risk...2024-03-221h 36Path To Passive: Real Estate Investing For Technology Professionals#27 - The Investment Playground: Why Anyone Can Learn the GameSend us a textIn this episode, Steven Arita discusses how investing is similar to any other skill that one can learn. He emphasizes the value of perseverance in the face of adversity, as well as the importance of focusing on the process rather than the outcome. Steven also discusses the internal thoughts and limiting beliefs that can stymie progress and offers solutions for overcoming them. He also discusses the impact of external factors such as societal expectations and peer pressure, and recommends finding role models and questioning beliefs to help build conviction in one's investment journey.2024-03-1530 minPath To Passive: Real Estate Investing For Technology Professionals#26 - Quick Cash Or Long-Term Gains? Choosing The Right Investments For Your Financial JourneySend us a textIn today's episode, Steven Arita talks about how to build your investment portfolio. He emphasizes the importance of setting clear criteria, considering things like market trends, and expected returns, and connecting with key players. Steven also discusses finding the right balance between steady cash flow and the potential for higher but delayed returns. Join in to discover the core of your unique financial journey and learn how to generate passive income.Episode Highlights:(1:07) The big picture(2:28) Clarifying your criteria(5:11) Understanding your goals(7:45) Outro2024-03-0808 minPath To Passive: Real Estate Investing For Technology Professionals#25 - Profit With Purpose: How Dinesh Nayak Uses Real Estate To Transform CommunitiesSend us a textJoin us in this episode as Dinesh Nayak, managing partner at Goldstone Capital Ventures, shares his inspiring journey from India to the US, delving into real estate investing. Learn about his insights on multifamily syndications, the importance of education, and building passive income. Dinesh emphasizes the value of giving back and offers valuable advice for first-time commercial real estate investors, encouraging early and informed investment for financial independence.Dinesh is an experienced Real Estate Investor with over 10 years of multifamily and single-family acquisition and asset management experience. He...2024-03-0148 minPath To Passive: Real Estate Investing For Technology Professionals#24 - Climbing Meaning Mountain: Ditching Shoulds and Finding WhysSend us a textIn this episode, we explore the distinction between ends goals and means goals, emphasizing the dangers of prioritizing the latter. Steven will guide you through the process of transitioning to ends goals, stressing the importance of introspection and regular goal evaluation. He introduces three inspiring categories of ends goals: experiences, growth opportunities, and contribution opportunities. The episode concludes with a powerful reminder of the significance of a strong "why" and a call to action for listeners to align their goals with their values. Walk away with a deeper understanding of goals and actionable...2024-02-2321 minPath To Passive: Real Estate Investing For Technology Professionals#23 - The Art of Strategic Networking: Cultivating Relationships for SuccessSend us a textIn this episode, I deep dive into the art of strategic networking. The key takeaway revolves around building and maintaining meaningful connections to foster relationships in both personal and professional spheres. The podcast emphasizes the importance of creating a robust database and treating your network as a valuable asset that can lead to future opportunities and collaborations. Whether you're looking to broaden your business horizons or simply fortify your circle of influence, this episode is your ticket to networking success in the intertwined worlds of tech and real estate.Episode Highlights:2024-02-1627 minPath To Passive: Real Estate Investing For Technology Professionals#22 - Financial Milestones Made Simple: Practical Steps To A Secure FutureSend us a textIn this podcast episode, Steven Arita talks about the crucial role of clarity in financial goals. He stresses the importance of understanding your current financial position to make meaningful progress. He shares his own experience of focusing on skill-building and boosting income. The episode explores the concept of SMART goals and the significance of having a clear vision. Steven introduces the five financial milestones, from basic security to absolute freedom. Tune in as he encourages you to assess expenses, define financial dreams, and follow a step-by-step approach. Book Recommendation: MONEY Master...2024-02-0924 minPath To Passive: Real Estate Investing For Technology Professionals#21 - Asymmetric Returns 101: Understanding the Risk-Reward DynamicsSend us a textUnlock the transformative power of asymmetric risk-return strategies in your investment and business endeavors. This episode takes you deep into the art of balancing high-reward bets with controlled risk, all through the lens of my personal journey toward financial empowerment. As a techie, I've discovered the untapped potential within commercial real estate investing, and I'm here to share how this approach can do wonders for your portfolio.Get ready to redefine success with insights that challenge conventional wisdom and open the door to new possibilities.Episode Highlights:(2:57) Why asymmetric return...2024-02-0218 minPath To Passive: Real Estate Investing For Technology Professionals#20 - Importance Of Vetting Your PartnersSend us a textIn this episode, we dive deep into the critical importance of knowing your investment partners in commercial real estate, particularly for tech professionals seeking financial freedom. I share personal experiences and insights, highlighting the potential risks of dealing with individuals or teams that aren't well-known or aligned with your values. I'll take you through creating a thorough checklist to vet your co-investors, drawing from the deep wells of my experiences of navigating stormy investment challenges. We'll explore the delicate dance between taking educated risks and hoarding knowledge, ensuring that your investment journey isn't...2024-01-2616 minPath To Passive: Real Estate Investing For Technology Professionals#19 - The Get Rich TripodSend us a textHave you ever dismissed the power of expertise or time in the face of hard cash regarding investment success? Buckle up as we address this exact misconception and guide tech professionals on leveraging their unique assets for financial freedom through commercial real estate investing. Discover the 'get rich tripod'—money, expertise, and time—and how these elements can be your ticket to building wealth, irrespective of your starting point. So, whether you're a seasoned investor or a curious newcomer, join me for a conversation that promises to shift paradigms and inspire action toward achi...2024-01-1912 minPath To Passive: Real Estate Investing For Technology Professionals#18 - Generating Deal FlowSend us a textEver wondered how a top-tier real estate investor builds a portfolio that could unlock financial freedom and even create generational wealth? In this episode, we talk about the importance of deal flow in real estate. We navigate the complex but critical world of deal flow in commercial real estate investing, providing tech professionals with the blueprint to identify and seize the right investment opportunities. This episode is your map to understanding the 'buy box' investment criteria and the art of forging a network that is as essential to your success as water is...2024-01-1223 minPath To Passive: Real Estate Investing For Technology Professionals#17 - The Journey of a Digital Pioneer into Real Estate Dominance with Frank XiaSend us a textEmbark on a transformative path with our latest guest, Frank Xia, a tech wizard who's channeled his savvy into a real estate empire as he unveils the blueprint for transitioning from digital landscapes to physical properties. With a hefty 696-unit portfolio under his belt, we discussed the idea that it isn't just about crunching numbers but also about the grit and integrity it takes to thrive in the cutthroat world of multifamily investing. His insights extend far beyond properties, touching on the exhilaration of a sports card startup and the intricacies of luxury...2024-01-0558 minPath To Passive: Real Estate Investing For Technology Professionals#16 - How To Be More Productive and Enjoy Your TimeSend us a textEmbarking on the treacherous terrain of tech and real estate investment often leaves many of us grappling with the demons of stress and burnout. In this episode, I open the doors to my personal vault of strategies for managing these unseen adversaries. I share the symptoms of being overwhelmed and the tools for combating them before they take hold. Expect to come away with a fresh perspective on strategically utilizing focus days, buffer days, and days off for a more productive and fulfilling life.Discover the life-altering power...2023-12-2932 minPath To Passive: Real Estate Investing For Technology Professionals#15 - Introduction to Return MetricsSend us a textEver felt like the world of commercial real estate investing was wrapped in a riddle, shrouded in mystery? Well, fear no more! This episode is your key to unlocking the enigma of real estate return metrics, an indispensable toolkit for tech professionals keen on property investments. We slice through the jargon with a simplified guide to understanding the benchmark indicators of IRR, cash flow, and cap rates, ensuring you're equipped to pick winning investments that mesh seamlessly with your financial goals. Remember that your engagement and feedback are the gears that drive our...2023-12-2222 minPath To Passive: Real Estate Investing For Technology Professionals#14 - Goal Setting for 2024 (OKRs, Resources, Courses, Moves)Send us a textDo you ever find yourself setting goals but struggling to see them through? If that rings true, then we've got just the remedy for you! In this episode, we talk about effective goal setting, equipped with tried and tested techniques used by industry giants like Bill Gates and Google. We'll help you navigate the pitfalls and set crystal clear targets while introducing you to OKRs (Outcomes and Key Results) - a potent tool for breaking down and achieving your big dreams. I’ll also walk you through the fine lines of real estate de...2023-12-1531 minPath To Passive: Real Estate Investing For Technology Professionals#13 - Evaluating Deal SponsorsSend us a textWhat if you held the key to a successful investment involving more than just putting your money where your mouth is? In this latest episode, we're pulling back the curtain on commercial real estate investing, particularly focusing on vetting multifamily investment sponsors. As tech professionals showing interest in this field, it's essential to understand the fine art of evaluating deal sponsors. It's about safeguarding your investment and maximizing returns, mitigating risks, and ultimately, building your confidence. Show notes:(2:13) The importance of vetting and evaluating your sponsors(3:39) The aspects of v...2023-12-0823 minPath To Passive: Real Estate Investing For Technology Professionals#12 - Team Members You Must Have On Your TeamSend us a textImagine assembling a formidable team for your real estate investments, like the Avengers or the Justice League. A team that supports and guides you through every challenge, helping you achieve your goals and realize your real estate dreams. In this episode, we talk about - the power of a robust real estate investing team and how each member plays a vital role in our success. I’ll share how building relationships and working together as a team are your golden tickets to scalable growth in the real estate investing world. The value of se...2023-12-0133 minPath To Passive: Real Estate Investing For Technology Professionals#11 - Exploring Opportunities and Overcoming Challenges in Out-of-State Real Estate InvestingSend us a textIn this episode, we talk about what you need to do in order to confidently invest in out-of-state real estate. We look into the opportunities and challenges of out-of-state real estate investing, the benefits of diversifying your real estate portfolio across state lines, and how to wisely select markets based on economic conditions, demographic patterns, and supply-demand dynamics. We also discuss the importance of analyzing key metrics such as population growth, housing demographics, and market demand.Show notes:[3:30] Investing in or out of state[7:42] Factors in the market and...2023-11-2431 minPath To Passive: Real Estate Investing For Technology Professionals#10 - Unlocking the Capital Stack: A Deep Dive into Real Estate FinancingSend us a textIn today's episode, we delve into the crucial concept of the capital stack—the financial layers comprising debt and equity that fund a real estate transaction. I share my own journey of feeling overwhelmed to gradually mastering these layers of investment. This isn't just a real estate investing term but a universally applicable business concept that can be your trusty tool in any industry. Irrespective of whether you're a seasoned investor or a beginner, join us to learn what the capital stack is, why it matters, and how it can contribute to your in...2023-11-1718 minPath To Passive: Real Estate Investing For Technology Professionals#9 - 7 Reasons Tech Professionals Make Great Real Estate InvestorsSend us a textEver wondered how your tech skills could unlock a new avenue of wealth? Strap yourself in as we journey into the exciting world of real estate investing specifically tailored for tech professionals. You'll discover why your knack for data analysis, risk assessment, and project management - skills you use daily - are exactly what's needed to succeed in this sector. As we dissect the valuable lessons from my own experiences, you'll realize the possibilities of this data-driven approach to investing. Prepare to overcome any imposter syndrome, and let's transform you from a tech...2023-11-1040 minPath To Passive: Real Estate Investing For Technology Professionals#8 - The ABCs of Accredited InvestingSend us a textEver wondered if you might be an accredited investor without even realizing it? Let’s dive deeper into this topic in today’s episode. We're breaking down the world of accredited investing, demystifying the jargon, the legalities, and everything in between. From the surprising anecdotes - like the Brazilian Jiu-Jitsu classmate unaware of his accredited investor status - to the $200,000 single, $300,000 couple or $1 million net worth criteria, we're making sense of it all. Let’s jump right in!Links mentioned in the episode:https://www.sec.gov/abouthttps://www.ec...2023-11-0333 minPath To Passive: Real Estate Investing For Technology Professionals#7 - Navigating the Landscape of Real Estate Investments: Active Vs. Passive InvestorsSend us a textReal estate investing can be a game-changer - if you know your way around. In this episode, I guide you through the world of active and passive real estate investing. Let’s dive deeper into both investment styles' complexities, responsibilities, and advantages and disadvantages. Also, we discuss various investment strategies and the necessity of aligning investor and operator interests for successful investments. So if you’re someone unfamiliar with or still confused about which investment to take on, then make sure to tune in.Show notes:[1:02] Show rundown[2:10] Definition of a...2023-10-2725 minPath To Passive: Real Estate Investing For Technology Professionals#6 - The Art of Navigating Real Estate Syndications SuccessfullySend us a textIn this episode, we are going to demystify real estate syndications. We'll break down the roles of the MVPs, general partners, and more. Picture it as assembling your dream team for real estate success without going all-in. We will also talk about the risks that general partners face, from legal tangles to financial tightropes. It's a wild ride through the world of real estate syndications—buckle up and soak it all in!Show notes:[2:42] Definition of syndication and what you should know [9:29] 2 types of investors[13:14] The six buckets2023-10-2023 minPath To Passive: Real Estate Investing For Technology Professionals#5 - Diving Deeper Into The Real Estate StrategiesSend us a textIn today’s episode, we dive into the real estate strategies that can help you in your investment journey. These strategies can help you establish strong investment criteria and amplify your returns. Whether you're an experienced investor or just stepping into the real estate market, this information will empower you to make well-informed decisions and accelerate wealth creation. Join me in today’s conversation.Show notes:[2:29] 2 quick examples[4:18] Main types of strategies[14:59] How these strategies relate to multi-family assets[19:05] Diversify[21:17] Quick recap[21:49] What you should do n...2023-10-1325 minPath To Passive: Real Estate Investing For Technology Professionals#4 - Multi-Family Asset ClassesSend us a textEver wondered why some investors seem to have a knack for choosing the right multifamily real estate investments while others struggle? What if I told you the secret lies in understanding what you own and why you own it? That's exactly what we're going to uncover in this episode. I will talk about the benefits of such investments and how understanding the different asset classes can help you build a robust investing portfolio. I’ll also discuss about strategies to align your investments with your goals, and how to navigate the myriad challenges an...2023-10-0623 minPath To Passive: Real Estate Investing For Technology Professionals#3 - Why Multi-Family Real Estate?Send us a textHave you ever wondered how multi-family real estate investing can help you build a significant wealth portfolio? In today’s episode, we'll uncover the criteria that you should have in place before making the leap, and we'll also dissect the pros and cons of single-family home investing to give you a clear comparison. This podcast is packed with personal experiences, practical tips, and insightful anecdotes that you won't want to miss. So sit back and join us on this journey to financial freedom through real estate investing!Show notes:[1:57] Invest in...2023-09-2921 minPath To Passive: Real Estate Investing For Technology Professionals#2 - What Is Commercial Real Estate?Send us a textHow much do you know about commercial real estate? In today’s episode, we focus on the eight different types of commercial real estate properties. You'll hear about the unique characteristics of each, their tenants, their sizes, and how they can each serve a different purpose in the real estate landscape. I also briefly discuss the advantages and potential risks associated with each property type. From apartments and offices to industrial and retail spaces, I’ll provide insights on leveraging these assets for your financial benefit. Whether you're a seasoned investor or a newc...2023-09-2218 minPath To Passive: Real Estate Investing For Technology Professionals#1 - Why Path To Passive?Send us a textWelcome to the first-ever episode of Path To Passive: Real Estate Investing For Technology Professionals. I am your host, Steven Arita. In this episode, I share my humble upbringing in Hawaii and how it led to a successful career in Amazon Web Services and later in real estate investing. Join me as I discuss my unique journey intertwining technology, business, and real estate. From my early curiosity in technology to my pivotal encounter with the book "Rich Dad, Poor Dad," and my subsequent plunge into financial literacy, I've navigated through both successes and...2023-09-1519 minPath To Passive: Real Estate Investing For Technology ProfessionalsPath To Passive: Real Estate Investing For Technology ProfessionalsSend us a textEver felt like you’re drowning in the sea of investment options? Or perhaps you've taken the plunge into real estate but find yourself stuck, unable to scale? Don't worry; I've got you covered. I am your host, Steven Arita, a tech industry veteran. This podcast is your personal guide to navigating the investment landscape, specifically crafted for busy tech professionals. Listen in as I share my journey and lessons learned from my exploration of financial freedom. This isn't just about money; it's about achieving the freedom to spend time with your loved on...2023-09-1402 min