Former debt collection attorney, Jay Tenenbaum, spent most of his career in the legal field before he made his first investment. Now, his main focus is syndicating defaulted mortgage acquisitions. Jay talks about the pros and cons of investing in mortgage notes, the most common mistakes he sees by rookie investors, and how he uses his legal background to help educate his investors. Jay Tenenbaum Real Estate Background: Full time real estate investor and syndicator with 8 years of experience Main...
Sep 24, 2021•35 min•Season 1Ep. 2579
Growing up in a frugal household, Travis Watts had budgeting skills and values from a young age, and put them to use when he left for college. In today’s episode of the Actively Passive Investing Show, Travis shares his journey to financial independence. He talks about his start in real estate with house hacking, the pivotal moment that kickstarted his financial freedom, and the 4 key steps he took to get there. Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifam...
Sep 23, 2021•35 min•Season 1Ep. 2578
Moving from South Korea at age 18, Yosef Lee always strived to prove himself in a new country. From working multiple part time jobs, to becoming a full time civil litigation lawyer, this father of 3 quickly learned to manage his time. Yosef is talking with us about where he invests his time and prioritization, how he maximized his investments during the pandemic, and his top 6 tips for managing your property managers. Yosef Lee Real Estate Background: Currently work as a W2 full time lawyer doin...
Sep 22, 2021•33 min•Season 1Ep. 2577
Former Tech Engineer, Venkat Avasarala, left it all to pursue real estate. After maxing out on single family homes, he moved on to his first syndication. Today, Venkat is talking with us about how he found investors for his first syndication even without a proven track record, why he decided to move on to development, and the main difference between cash flow investors and long-term investors. Venkat Avasarala Real Estate Background: Full time real estate developer and syndicator Experience with...
Sep 21, 2021•25 min•Season 1Ep. 2576
After growing up in a disciplined household in India, Vikram Brar moved to San Francisco and picked up the Tuscon, AZ market. He’s grown to over 500 units now, with over $50M in assets under management. Vikram is sharing his top 3 challenges of starting a fund, how he is continually raising capital, and how his capital income dictates the way he looks at future deals. Vikram and Princi Brar Real Estate Background: Vikram and Princi are Co-Founders of Waahe Capital Vikram leads acquisitions, inve...
Sep 20, 2021•31 min•Season 1Ep. 2575
Full time investor, Keke Williams, grew up surrounded by real estate as her family did property restorations. Now, she’s involved in mobile home parks, multifamily, and even foreign opportunities. Keke is talking about what is was like moving from fix and flips and having full control into mobile home parks and being part of a syndication, best practices for out-of-state management, and the benefits of foreign opportunities. Keke Williams Real Estate Background: Full time real estate investor an...
Sep 19, 2021•33 min•Season 1Ep. 2574
Frederick Pierce got the commercial real estate bug while still in college. Now, he owns one of the largest student housing companies in America. Today, Frederick is telling us the criteria he looks for in universities, the types of requirements current-day students look for in their housing, how he finds financing for these multimillion dollar deals, and why he’s not developing multifamily housing in non-university settings. Frederick Pierce Real Estate Background: Founder, President, and CEO o...
Sep 18, 2021•35 min•Season 1Ep. 2573
After buying her first rehab rental property at the age of 22, Christina VanDergrift took her profits and turned them into a highly diversified portfolio. She now owns a variety of commercial properties, along with vacation rentals and single family investments. Today, we’re talking with Christina about the growing popularity of vacation rentals, why she loves adding office spaces to her portfolio, and the reasons comercial investing may bring in more guaranteed income in the current state of th...
Sep 17, 2021•29 min•Season 1Ep. 2572
In today’s episode of the Actively Passive Investing Show, Travis discusses the importance of the outperforming single family and multifamily asset classes. He breaks down why each is becoming extremely competitive, and what that means for someone entering the market. Travis is also talking about our current affordability crisis, and his predictions moving forward. Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rentify Learn more about your...
Sep 16, 2021•27 min•Season 1Ep. 2571
After working in future trading for 5 years, Jake Cloption traded in his long hours and started his own company, Clopton Capital. Clopton Capital is an intermediary for financing for all asset types. Today, Jake is talking with us about finding a hidden market gem to almost double his investment, where to look for incentives to save thousands on improvements, and the breakdown of joint venture equity partnerships. Jake Clopton Real Estate Background: Founder of Clopton Capital Actively involved ...
Sep 15, 2021•34 min•Season 1Ep. 2570
NYC firefighter, Timothy Lyons, thought he was living the W2 dream until he realized he just wasn’t financially educated. Once he decided on multifamily investing, he jumped in head first. Tim is talking about how he got into investing at the beginning of Covid, how he became a capital raising expert, deal sourcing, and if he believes it’s more important to have the deal first, or the capital. Timothy Lyons Real Estate Background: Principal and Managing Partner of Cityside Capital Lieutenant in ...
Sep 14, 2021•34 min•Season 1Ep. 2569
Former ski photographer, Tate Siemer, moved to Utah and got his start in real estate with single family homes. He wanted to scale faster but was unsure of how to find his next venture, until a 12-unit apartment fell into his lap. Now, he’s reached the point where he’s more established and it’s much easier to find capital. Today, Tate is talking about his specific guidelines for future investments, and why he’s not concerned about capitalization rates and increased asset prices moving forward. Ta...
Sep 13, 2021•35 min•Season 1Ep. 2568
Biotech Supply Chain Engineer, Keith Meyer, currently also juggles multifamily investments and mobile home park acquisitions. When he became an accidental landlord and stumbled upon mobile home parks, he knew he wanted to scale quicker. Keith tells us how he won the mobile home park deal, how to package an offer, and the specifics you need to know to be competitive. Keith Meyer Real Estate Background: Biotech Supply Chain Sales Engineer 10 years of real estate investing experience Principal in S...
Sep 12, 2021•27 min•Season 1Ep. 2567
When Jhanel Wilson was forced to make a decision and leave her full time job in 2012, she became a full time investor. She then turned $100K into $72K in cash flow and $2M in assets. Today, we’re talking with Jhanel about her work in Section 8. She is diving into hacking the Section 8 algorithm, the benefits of investing in Section 8, and the key to choosing tenants in that market. Jhanel Wilson Real Estate Background: Founder and CEO of The Savvy REI 17 years of real estate investing experience...
Sep 11, 2021•27 min•Season 1Ep. 2566
Former Wall Streeter, Joshua Benaim, is constantly working to marry a value investment approach and apply it to real estate investing. He’s currently working on a Miami Beach investment, with sales projecting at $850 per net sellable foot. Joshua tells us why he was confident he’d be successful in an insecure market at the time, the key item he looks for in developments, and the top 5 ways he finds value in new developments and new builds. Joshua Benaim Real Estate Background: Full time real est...
Sep 10, 2021•38 min•Season 1Ep. 2565
In today’s episode of the Actively Passive Investing Show, Travis compares Class C vs. Class A properties. We talk about the 3 factors that determine the property class, average cash flow percentages in different classes, how to set a CapEx budget, and risk mitigation in new vs. older properties. Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices...
Sep 09, 2021•26 min•Season 1Ep. 2564
Investor, Senior Director, and Head of Real Estate, Mitchell Rosen, talks with us today about the economic health of our country and the benefits of partnering with Yieldstreet. Yieldstreet is an online digital wealth platform that provides investors commercial real estate resources to those who may not have access to them. We’re talking with Mitch about their ideal investor, which assets they’re currently searching for (and which ones they’re not), and future events could possibly disrupt the m...
Sep 08, 2021•28 min•Season 1Ep. 2563
After running a business out of his house and noticing he wasn’t the most popular neighbor on the block, Jerome Maldonado decided to take the leap into retail buildings. Now, he’s done over 400 transactions with this being his biggest acquisition year to date. We’re talking with Jerome about his strategy for finding tenants, which asset class gives him the best returns, and the top 3 indicators that it may be time to start syndicating. Jerome Maldonado Real Estate Background: Full time commercia...
Sep 07, 2021•44 min•Season 1Ep. 2562
At 16 years old, Dan Haberkost was already managing a portfolio of rental properties for an investor. What did it teach him? That he didn’t want to buy and how not to manage tenants. Fast forward to today, Dan tells us his biggest takeaway from that experience, how he became an expert in land acquisition, and why his next investment will be commercial real estate. Dan Haberkost Real Estate Background: Full time real estate developer and investor 50+ land flips, 10+ infill development projects, a...
Sep 06, 2021•40 min•Season 1Ep. 2561
Former owner of post-production companies, Joe DiSanto, switched over to real estate investing and is now semi-retired in his 40s. Joe is talking about the pitfalls of renovating a commercial space, why it’s still one of the best investments he’s ever made, and his recommendations for when to choose riskier investments vs. when to play it safe. Joe DiSanto Real Estate Background: Currently work PT as a fractional CFO for 6 companies and 1 family office Portfolio consists of 11 residential rental...
Sep 05, 2021•37 min•Season 1Ep. 2560
With a background in digital marketing, Bryan Driscoll is currently generating thousands of motivated seller leads, while still finding time to invest in the market himself. We’re talking to Bryan today about the difference in marketing for residential vs. commercial, when it’s okay to be direct, and how to choose the right platform for less competition. Bryan Driscoll Real Estate Background: Co-Founder of Motivated Leads - https://motivated-leads.com/ 5 years of real estate investing experience...
Sep 04, 2021•24 min•Season 1Ep. 2559
Indianapolis investor, Spencer Gray, is telling us all about his multifamily ventures as well as his experience as a GP and an LP. Spencer talks about why he chose multifamily over other asset classes, the recent challenges he’s faced in today’s market, and finding the right balance between being aggressive vs. overly aggressive to ensure you’re participating in the market without overpaying. Spencer Gray Real Estate Background: CEO of Gray Capital and full time real estate syndicator/investor 1...
Sep 03, 2021•33 min•Season 1Ep. 2558
In today’s episode of the Actively Passive Investing Show, Travis dives into passive investing and the difference between preferred returns and cash on cash returns. He walks us through this commonly asked question, gives examples of preferred and cash on cash returns, and tells us what terms we need to be clear on with the operators of these deals before investing. Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn mo...
Sep 02, 2021•18 min•Season 1Ep. 2557
When David Lindahl realized there were other people just like him doing well with real estate investing, he knew he wanted in. After years in the industry, he’s focused on multifamily, office, retail, and hotels in emerging markets. David gives us a detailed overview of emerging markets, how he finds his next deal, and what qualifications he’s looking for before investing. David Lindahl Real Estate Background: Founder of RE Mentor, the #1 multifamily real estate education company, and the Lindah...
Sep 01, 2021•32 min•Season 1Ep. 2556
When Dave Allred started knocking door to door for a home security company, he thought he made it big. A short year later, he was making 6 figures and working to make his active investments, passive. Dave tells us how his pursuit of freedom has driven each one of his investments, how getting clear on his long-term goals helped him attain and maintain financial freedom, and how to reduce limiting belief systems to go after big goals. Dave Allred Real Estate Background: Managing Partner for the Ax...
Aug 31, 2021•30 min•Season 1Ep. 2555
From RV parks to mobile home parks and self storage, today we’re talking with Ted Greene about recession resistant asset classes. Ted tells us about the in-depth back end process for getting parks up and running, how he’s finding and acquiring self storage deals in a hot market, and why he might not invest in one of these assets again. Ted Greene Real Estate Background: Blogs ( 3/23 , 4/11 , 4/26 , 6/25 ) Investor Relations manager at Spartan Investment Group 20+ years of real estate experience ...
Aug 30, 2021•29 min•Season 1Ep. 2554
When a hometown friend asked Wade Micoley to invest in a multimillion dollar nursing home, he agreed without hesitation. On today’s #SkillsetSunday, we’re talking with Wade about how he got his start in the assisted living sector. We dive into the research and planning he did to make his first venture a huge success, and how he did it again 3 more times in different locations. Wade Micoley Real Estate Background: 30+ years of experience as a broker and top agent Owns several nursing homes, a res...
Aug 29, 2021•24 min•Season 1Ep. 2553
While investing in traditional assets, Denis Shapiro failed to create meaningful income. Instead he merged traditional investments with real estate investments to cultivate the portfolio he has today. Denis lays out the research he does before investing in any deal, circumstances where a preferred return may not be a priority, and some major negatives of ATM funds. Denis Shapiro Real Estate Background: Full time fund manager 9 years of real estate investing experience Portfolio consists of renta...
Aug 28, 2021•34 min•Season 1Ep. 2552
After stumbling into real estate at age 25, Mike Anderson realized how quickly he could scale his business. Since then he’s worked on apartments and new builds, with a current focus on land developments and mobile home parks. Today, Mike tells us how he reached 98% occupancy within a year of opening, how the mobile home market is changing, and why he would choose mobile homes over tiny homes. Mike Anderson Real Estate Background: Founded Reliance Mortgage Company, Inc. Received Century 21 Top Li...
Aug 27, 2021•43 min•Season 1Ep. 2551
In today’s episode of the Actively Passive Investing Show, Travis Watts details how investment firms and investors are approaching multifamily post-pandemic, and strategies that are going to stick around from now on. He talks about how multifamily held up during the pandemic, how millennial lifestyles are affecting the future of multifamily, and moves investors should be making to prepare for the next recession. Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifam...
Aug 26, 2021•49 min•Season 1Ep. 2550