In 2010, Sharad started looking for a source of passive income. That’s how he bought his first investment property. A couple of years later, he built a real estate portfolio that allowed him to quit his job as an accountant and become a full-time investor. His business is now 60% wholesale and 40% retail deals. Now that his business is scaled and streamlined, he started looking for new venues. His company, REsimpli, was built to manage various parts of his business. Now creating a one-stop busin...
Feb 26, 2021•21 min•Season 1Ep. 2369
Today Theo and Travis will be making a case for multifamily real estate as an asset class. This episode builds on previous episodes of the Actively Passive podcast that covered various industry reports and showcased in-depth information about the multifamily market. This time, Theo and Travis are explaining why multifamily real estate is a great choice for passive investment in 2021. And while there are many nuances for each market and specific deals, some common indicators show how profitable a...
Feb 25, 2021•33 min•Season 1Ep. 2368
In today's Syndication School episode, Theo Hicks shares three valuable tips that will help you maximize your profits and build trust with potential investors. These tips were originally used specifically for the crowdfunding environment. However, they can be easily adapted for raising capital in other ways. To listen to other Syndication School series about the “How To’s” of apartment syndications and to download your FREE document, visit SyndicationSchool.com. Thank you for listening! Click he...
Feb 24, 2021•17 min•Season 1Ep. 2367
From the music industry to IT, and then to real estate, Frank has always been fond of receiving education and learning something new. While working in IT, he picked up a few properties on the side. In 2011, he walked away from the corporate world and became a full-time investor. Back then, he started by utilizing the power of tried and true methods of reaching people such as direct mail and networking. In 2020, people are still happy to share what they do in a casual conversation and get on the ...
Feb 23, 2021•25 min•Season 1Ep. 2366
Like many other real estate investors, Mike started his journey at a corporate 9 to 5 job. His buddy suggested branching out and becoming a landlord. Since then, has Mike grown his portfolio and has now become a property manager. Most of his properties were built before the 1940s, and few construction companies in the area could handle that kind of work. That’s why he opened his own construction company. He now has a nice cash flow coming from these adjacent fields, and his companies are working...
Feb 22, 2021•29 min•Season 1Ep. 2365
John cut his teeth as a traditional real estate broker. He escaped the “hamster wheel” of chasing sales thanks to a mentor who put him on the fast track to investing. That paradigm shift made him see licensed agents as problem-solvers for homeowners rather than just salespeople. Now John teaches real estate agents how to leverage their license into creating 8-10 various income streams as opposed to relying on commission alone. In this episode, he talks about his lead intake process that helps li...
Feb 21, 2021•26 min•Season 1Ep. 2364
Gary Beasley is the Co-Founder and CEO of RoofStock, a real estate investment marketplace. He was a previous guest on episode JF1129 where he shared more of his journey and start into real estate but today he is going to share a sticky situation where he was in the middle of a deal and lost his funding while in the middle of it and only had one month left of cash. Gary Beasley Real Estate Background: Co-Founder and CEO of RoofStock, a real estate investment marketplace Gary was co-CEO of Starwoo...
Feb 20, 2021•25 min•Season 1Ep. 2363
Gary’s father’s death pushed him into the real estate investment path. In 2007, he emigrated to Canada from the UK, and that’s when he got serious about doing real estate full-time. Utilizing his electrical engineering background, Gary became an owner and a contractor of several single-family properties. Through joint venturing, he managed to create a portfolio, eventually refinancing and moving on to a different phase of his life. Gary Spencer-Smith Real Estate Background: A full-time investor ...
Feb 19, 2021•24 min•Season 1Ep. 2362
Today Theo and Travis will discuss the importance of thinking about the exit strategy before entering a deal. In a way, this is not the topic that gets covered often since most investors are not thinking ahead far enough. However, selling the asset is a vital part of the investment process. Travis gives an example of how something that looks like a great buy at first can turn out to be a lemon if nobody wants to take it off your hands. And just because a property is at a great acquisition point,...
Feb 18, 2021•27 min•Season 1Ep. 2361
In today's Syndication School episode, Theo Hicks shares some of the best practices used by Ted Greene, the Investor Relations Manager of Spartan Investment Group. Theo shares several techniques that’ll help you build trust and form a relationship with potential passive investors. Many syndicators have been in the business for such a long time that it’s hard for them to put themselves into the shoes of someone who’s looking to become a limited partner for the very first time. And while numbers a...
Feb 17, 2021•19 min•Season 1Ep. 2360
In 2008, Gustavo’s wife got her real estate license. Seeing how well she was doing, Gustavo followed her in 2010. He was doing the real estate hustle part-time as he was still working as a Microsoft Senior Engineer. In 2013, he went full time, and in 2015 he transitioned into inside sales. Now his agents utilize Facebook to get motivated leads, making over 50k outbound calls every day. Gustavo Munoz Castro Real Estate Background: Former Microsoft Senior Engineer turned Real Estate agent turned i...
Feb 16, 2021•27 min•Season 1Ep. 2359
Brian’s first experience with real estate started when he purchased his first house after reading Kiyosaki’s “Rich Dad, Poor Dad”. As an active duty Marine, Brian was relocated every couple of years. Every time he moved, he added a new single-family home to his portfolio. In 2016, he did the math and found out that he was nowhere close to his passive income goal. Looking for ways to scale, he jumped into multifamily units and formed a real estate investment firm with three partners. With his lat...
Feb 15, 2021•25 min•Season 1Ep. 2358
Matthew is a returning guest from episode JF1432 and today he talks about figuring out new ways to accomplish old goals. Matt has been a full-time investor for 15 years and in that time has successfully completed projects involving dozens of fix and flips, office buildings, single-family homes, and apartment buildings. Matt Faircloth Real Estate Background: A full-time investor for 15 years Completed dozens of flips, office building, single-family, and apartment deals He started with a 30,000 pr...
Feb 14, 2021•28 min•Season 1Ep. 2357
Paul has 7 years of real estate investing experience and currently completes 30-50 fix and flips per year. He also teaches students how to fix and flip and how they can create wealth with rentals to change their life. Paul Tompkins Real Estate Background: Full-time real estate investor with his wife Kelsey 7 years of real estate investing experience Portfolio consist of 30-50 flips per year and holds 5 rentals per year Teaches students how to flip homes and create wealth with rentals Based in Ta...
Feb 13, 2021•29 min•Season 1Ep. 2356
After leaving the Marine Corps, Megan used the GI Bill to finance her MBA. With her savings, she and her husband invested in their first house. When they moved into their second home, they rented it out and then sold it. They acquired and flipped several types of properties since then. A career in real estate gave Megan the flexibility she needed to spend more time with her family. Just a few years into this business, she now has an impressive portfolio. Megan also hosts a local real estate meet...
Feb 12, 2021•31 min•Season 1Ep. 2355
Today Theo and Travis will be sharing a list of 5 risk profiles in real estate. And while these risk profiles are the same for any real estate, the hosts will be focusing specifically on multifamily properties. The list ranges from A-list properties located in the country’s top markets that are considered to be cash flow properties to buildings that are considered to be high-risk investments. And while it’s important to invest within your risk tolerance, having the property be flagged as “high r...
Feb 11, 2021•24 min•Season 1Ep. 2354
In today's Syndication School episode, Theo Hicks shares a list of markets that experienced the highest rent growth in 2020. These markets performed well because of the migration trends we discussed several episodes ago. Due to Coronavirus and the increased possibilities that remote work allows nowadays, many young professionals are moving from expensive big cities to smaller towns and suburban areas that allow a lower cost of living. Theo also shares a list of 25 markets that are projected to h...
Feb 10, 2021•22 min•Season 1Ep. 2353
A divorce moved Kevin to change his career path. After working in retail, he decided to try himself in the financial sector working with mortgages. In 2007, he started a Done For You Real Estate company together with his three friends. They make investing in real estate easy by educating their clients about the market and guiding them through the closing process. Their mission is to help people replace their income and secure their future by making a conservative investment that will hold no mat...
Feb 09, 2021•28 min•Season 1Ep. 2352
Noah Rosenfarb is a full-time investor who counsels entrepreneurs that are looking for ways to enhance their wealth while working less, living more, and enjoying abundance. He has 20 years of real estate investment experience and believes that owning fractional pieces in large assets is an excellent tool to create multiple passive income streams. Noah Rosenfarb Real Estate Background: Full-time investor 20 years of real estate experience Portfolio consist of 3,500+ doors plus 500,000+ feet retai...
Feb 08, 2021•32 min•Season 1Ep. 2351
Sterling is a multifamily investor specializing in value-add apartments in Indianapolis and other Midwestern markets. With just over a decade of experience in the real estate industry, Sterling was involved with the management of over $10MM in capital, which is deployed across a $18.9MM real estate portfolio made up of multifamily apartments. In today we Sterling will be going into details about one of his most powerful sales tool, the follow-up. Sterling White Real Estate Background: Full-time ...
Feb 07, 2021•26 min•Season 1Ep. 2350
Lee Kiser was on a previous episode JF1694 so make sure to go listen to get his best ever advice on that episode. A little bit about Lee, he is a principal and managing broker of Kiser Group, and today he will be sharing with you which option you should focus on, single vs multifamily investing. Lee Kiser Real Estate Background: Principle and Managing Broker of Kiser Group Before starting Kiser Group, Lee was the top producing apartment broker in Chicago at his brokerage Previous guest on JF1694...
Feb 06, 2021•27 min•Season 1Ep. 2349
Dave Seymour was a firefighter for 16 years and is now a full-time real estate investor who also was on the A&E’s hit TV show “Flipping Boston”. Dave has done millions in real estate transactions and now manages a 100 million dollar fund investing in multi-family. Dave Seymour Real Estate Background: A firefighter for 16 years and now is a full-time real estate investor He was acclaimed as the star of A&E’s hit TV show “Flipping Boston” Has done millions in real estate transactions Now m...
Feb 05, 2021•27 min•Season 1Ep. 2348
Today Theo and Travis will be talking about being a passive investor in fund deals and individual deals. They’ll be discussing them from a factual point of view. Hopefully, this detailed comparison will help you figure out which deals are right for you and your real estate business. We also have a Syndication School series about the “How To’s” of apartment syndications and be sure to download your FREE document by visiting SyndicationSchool.com. Thank you for listening and I will talk to you tom...
Feb 04, 2021•28 min•Season 1Ep. 2347
In today's Syndication School episode, Theo Hicks shares 6 insightful tips on how to scale your multifamily real estate business in the best way possible. The paths you can take will vary depending on your personal goals and business objectives, but Theo’s advice will be helpful no matter if you work all by yourself, have partners, or employees. It will help you utilize your best skills and preserve your vision as you scale. To listen to other Syndication School series about the “How To’s” of ap...
Feb 03, 2021•20 min•Season 1Ep. 2346
Peak Financing CEO, Anton Mattli, has decades of experience in commercial and investment banking, private equity, and commercial real estate. Throughout his career, he and his team have closed over 5 billion commercial transactions. Anton Mattli Real Estate Background: CEO of Peak Financing He has 20 years of real estate experience Personal portfolio consists of 200+ units (not syndicated) Based in Dallas, TX Say hi to him at www.peakfinancing.com Best Ever Book: Tipping Point Click here for mor...
Feb 02, 2021•26 min•Season 1Ep. 2345
Elisa Zhang is the owner/principal of 1000+ unit apartment buildings via 1031 exchange and syndication. After quitting her day job to invest in real estate full-time, she is passionate about teaching others to do the same. She now focuses her time and expertise on helping typical nine-to-fivers to quit their job in 10 years or less. Elisa Zhang Real Estate Background: Quit her W2 in November 2019 to go full-time into syndication and education 11 years of real estate experience Portfolio consists...
Feb 01, 2021•27 min•Season 1Ep. 2344
Ryan is a returning guest from the previous episode JF1999 so be sure to check it out to get a full idea of Ryans background in real estate because today Ryan is going to be going into the importance of networking and why you should focus on this skill to improve your real estate business. Ryan Groene Real Estate Background: Full-time mobile home park owner and operator Has owned 7 mobile home parks totaling in 300 spaces A previous guest on episode JF1999 Based in Charleston, SC Say hi to him a...
Jan 31, 2021•22 min•Season 1Ep. 2343
Lindsey Meringer and Amanda Schneider are the power couple of the month with Lindsey being a green beret and an operator in the 10th special forces group, and Amanda was also in the military and later decided to become a full-time real estate agent. They began their journey into the world of real estate in 2016 and currently have a portfolio of 5 single-family rentals, a triplex, and working on growing their portfolio even more. Lindsey Meringer & Amanda Schneider Real Estate Background: Lin...
Jan 30, 2021•25 min•Season 1Ep. 2342
Chris Thomas is a full-time short-term rental investor with two and half years of experience and quickly built a portfolio of 257 rentals, and managing 70 others. He has a great story of what hard work can get you in a short time period. Chris Thomas Real Estate Background: Full-time short term rental investor 2.5 years of experience Portfolio consist of 257 rentals, 70 managed Based in San Diego, CA Say hi to him at www.getchristhomas.com Best Ever Book: Build to Sell Click here for more info o...
Jan 29, 2021•22 min•Season 1Ep. 2341
Today Theo and Travis are talking about the current Top 10 markets for investment in multifamily property. This list is based on the annual “Emerging Trends in Real Estate” report prepared by PwC and Urban Land Institute. Travis and Theo also highlight additional takeaways from the report. This information will be helpful for both passive and active investors looking to expand their portfolio in 2021. https://joefairless.com/top-10-markets-to-buy-multifamily-in-2021/ We also have a Syndication S...
Jan 28, 2021•29 min•Season 1Ep. 2340