Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor. In this episode, Travis discusses the ins and outs of working with a financial advisor and understanding their various fee structures. He shares the dangers of using a percentage-based fee and...
Jun 22, 2023•13 min•Season 1Ep. 3213
Patrick Roberts is a business broker and attorney at HedgeStone Business Advisors, a full-service firm specializing in real estate, businesses, mergers, and acquisitions. In this episode, Patrick shares his strategies for investing in car washes, an undervalued asset class that delivers high returns for minimum operational involvement. Patrick Roberts | Real Estate Background Business broker and attorney at HedgeStone Business Advisors Portfolio: Five car washes One commercial office building Tw...
Jun 21, 2023•30 min•Season 1Ep. 3212
The Beyond Multifamily series is hosted by non-residential commercial real estate investor and Best Ever Show host, Ash Patel. Ash’s goal for this series is to introduce you to the world of non-residential commercial real estate investing and teach you how to look at and underwrite different commercial asset classes. In this podcast episode, the Ash Patel discusses the state of the economy and real estate. He mentions concerns about banking collapses and the need for diversification. Additionall...
Jun 20, 2023•27 min•Season 1Ep. 3211
Will Matheson is the co-founder and managing partner at Matheson Capital, a South Carolina-based real estate investment firm that focuses on multifamily and student housing. In this episode, Will shares the “Matheson Method” for growing into apartment investing as a new investor, including five things not to do. He also discusses the benefits of investing in student housing and how to select the best properties in that asset class. Will Matheson | Real Estate Background Co-founder and managing p...
Jun 19, 2023•26 min•Season 1Ep. 3210
Reed Goossens is a multifamily syndicator, podcast host, and owner/founder of RSN Property Group, a full-service multifamily investment company that buys assets across select MSAs in the U.S. In this episode, Reed shares his strategy for acquiring $100 million in assets over the past 12 months and how he is solving for affordability in high real estate tax states. Reed Goossens | Real Estate Background Multifamily syndicator, podcast host, and owner/founder of RSN Property Group Portfolio: $685M...
Jun 18, 2023•25 min•Season 1Ep. 3209
Zach Haptonstall is the CEO and co-founder of Rise48 Equity, a real estate investment services firm that focuses on multifamily syndication. In this episode, Zach discusses why Rise48 continues to underwrite five to ten deals a week despite only penciling a fraction of them and how his company was able to build a $1.4 billion portfolio by controlling various aspects of the value-add supply chain. Zach Haptonstall | Real Estate Background CEO and co-founder of Rise48 Equity Portfolio: $1.4B in AU...
Jun 17, 2023•33 min•Season 1Ep. 3210
Culby Culbertson is the founder of Culbertson Holdings. He has $20 million in assets under management, including multifamily, self-storage, boat storage, and single-family rentals. In this episode, Culby discusses what his day job as a mortgage broker has taught him about commercial real estate, how he approaches investor cold calls, and how he stress tests his investment deals. Culby Culbertson | Real Estate Background Founder of Culbertson Holdings Portfolio: $20M in AUM Multifamily Self-stora...
Jun 16, 2023•34 min•Season 1Ep. 3207
Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor. In this episode, Travis discusses his strategy for managing a portfolio of investments: the 8% rule. This is similar to the 4% rule many people live by who invest in the stock market, which sa...
Jun 15, 2023•9 min•Season 1Ep. 3206
Blake Leavitt is a multifamily and commercial broker at KW Commercial. In this episode, Blake shares the marketing tactics he uses to get in front of buyers and sellers at the optimal time. He also shares how he is overcoming a 90% drop in his market’s sales volume in the past year and how he identifies which properties are likely to sell in the near future. Blake Leavitt | Real Estate Background Director, Multifamily and Commercial Broker at KW Commercial Portfolio: Principal of a 48-unit prope...
Jun 14, 2023•18 min•Season 1Ep. 3205
Christopher Stout is the principal at StoutCap, which acquires high-performing assets in growing Southern markets. In this episode, Christopher discusses how he leveraged his experience in construction to garner success in value-add multifamily investing. He also shares the biggest struggles he’s encountered operating in a landlord-unfriendly market as well as advice for investors looking to get into development or bring construction in-house. Christopher Stout | Real Estate Background Principal...
Jun 13, 2023•28 min•Season 1Ep. 3204
Raphael Collazo is a commercial real estate specialist at Grisanti Group, which helps business owners and investors buy, sell, and lease commercial real estate. In this episode, Raphael discusses his path from software engineer to commercial real estate broker. He also dispels retail real estate myths, shares trends in the industrial and storage spaces, and reveals why the mixed-use asset class is one of his favorites. Raphael Collazo | Real Estate Background Commercial real estate specialist at...
Jun 12, 2023•38 min•Season 1Ep. 3203
Cameron Pimm is the co-founder and principal of UrbanLandings, which purchases and repositions apartments in Atlanta and surrounding metros. In this episode, Cameron discusses his journey from financial advisor to real estate investor, how UrbanLandings has managed 10 years of successful deals, and the focus of their latest fund. Cameron Pimm | Real Estate Background Co-founder and principal of UrbanLandings Portfolio: 2,000 units (done $750MM in deals currently $450MM in AUM) Based in: Atlanta,...
Jun 11, 2023•24 min•Season 1Ep. 3202
Jeff Greenberg is the CEO of Synergetic Investment Group, which acquires multifamily assets in emerging domestic markets. In this episode, Jeff discusses his decision to transition away from being a syndicator to a capital raiser. He also shares insights on investor relations and the benefits of managing and investing in a customizable fund. Jeff Greenburg | Real Estate Background CEO of Synergetic Investment Group Portfolio: 1,300+ multifamily units 60+ short-term rental units Bitcoin miners Ba...
Jun 10, 2023•32 min•Season 1Ep. 3201
Chris Linger is a multifamily syndicator at Up Plex Capital, making it attainable for investors to invest in wealth-building assets with confidence. In this episode, Chris discusses how Up Plex is preparing for a constantly changing real estate landscape to best protect investors and how they were able to double the size of their deals by finding quality partnerships. Chris Linger | Real Estate Background Multifamily syndicator at Up Plex Capital Portfolio: Current portfolio is $300MM, GP in alm...
Jun 09, 2023•27 min•Season 1Ep. 3200
Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor. 68% of the world’s richest people are self-made. Frugality certainly has its place in any financial strategy, but how can it help you achieve your goals? In this episode, Travis discusses the ...
Jun 08, 2023•12 min•Season 1Ep. 3199
Stuart Gethner is the president of Gethner Education & Consulting, which finds, funds, and manages off-market properties with double-digit returns for investors. In this episode, Stuart discusses his business plan for value-add multifamily properties with the goal of creating long term wealth for his investors. He also shares his subject-to financing strategy and why cash-on-cash is always the focus of his deals. Stuart Gethner | Real Estate Background President of Gethner Education & Co...
Jun 07, 2023•29 min•Season 1Ep. 3198
Andy Smith is a partner at Lewis Brisbois Law, a national, full-service law firm with more than 1,600 attorneys and 54 offices in 30 states and the District of Columbia. In this episode, Andrew breaks down his most recent acquisition of a 32-unit apartment community in Cincinnati. He also discusses the entity transfer tax loophole and some of the most common mistakes he’s seen people make in contracts with contractors and leases with tenants. Andy Smith | Real Estate Background Partner at Lewis ...
Jun 06, 2023•44 min•Season 1Ep. 3197
Brody Garcia is a general contractor and real estate syndicator with KGI Capital, which invests in distressed multifamily properties in the southeast and midwest. In this episode, Brody shares the details of KGI’s latest acquisition - a 72-unit multifamily property built in the early 1970s. He also discusses the differences in value-add projects between states like California and Oklahoma and the biggest struggles he’s encountered as a remote construction manager. Brody Garcia | Real Estate Back...
Jun 05, 2023•22 min•Season 1Ep. 3196
Gino Barbaro is the co-founder of Jake & Gino, a vertically integrated multifamily real estate company that focuses on assets within their Buy Right(c) Criteria. In this episode, Gino discusses the value of relationships and personal accountability when it comes to raising capital. He also shares advice for those looking to get into coaching as well as those seeking real estate education resources. Gino Barbaro | Real Estate Background Co-founder of Jake & Gino Portfolio: 1,600 units $25...
Jun 04, 2023•39 min•Season 1Ep. 3195
Andy Crawford is the director of investor relations at Prosper Capital Co., a vertically integrated value-add multifamily syndicator. In this episode, Andy breaks down his most recent acquisition of a 27-unit property as well as discussing how his lack of delegation early on cost him scaling opportunities. Andy Crawford | Real Estate Background Director of Investor Relations at Prosper Capital Co. Portfolio: Prosper Capital Roughly 200 units Personal ownership 105 units Say hi to him at: Faceboo...
Jun 03, 2023•27 min•Season 1Ep. 3194
Jeremy Dyer is the founder and managing partner of Starting Point Capital, which raises capital through co-GP and SPV structures. In this episode, Jeremy discusses why he prefers working with vertically integrated sponsors, the deal-specific questions he asks to evaluate investments, and the lessons he’s learned from not doing due diligence on sponsors. Jeremy Dyer | Real Estate Background Founder and managing partner of Starting Point Capital Portfolio: 24 LP investments (mostly multifamily) Th...
Jun 02, 2023•37 min•Season 1Ep. 3193
Luis Belmonte is the owner of Seven Hills Properties, a group of small-time developers who have built a portfolio of $150 million over the last 20 years. In this episode, Luis discusses why he has invested so heavily in affordable multifamily housing in the Bay Area, what his secrets are for getting retail tenants, and some of the key factors that negatively affect the real estate market. Luis Belmonte | Real Estate Background Owner of Seven Hills Properties Portfolio: Retail Industrial Multifam...
Jun 01, 2023•40 min•Season 1Ep. 3192
Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor. The average millionaire has between three and 10 income streams, proving the fact that in order to maximize your wealth building, you need to diversify. In this episode, Travis talks about thr...
May 31, 2023•13 min•Season 1Ep. 3191
Zach Alms is managing partner at 507 Capital, a real estate private equity company focusing on acquiring assets in the Midwest. In this episode, Zach discusses why he loves retail real estate, what ideal vacancy rates are in a retail shopping center, and how to stress test a retail deal. Zach Alms | Real Estate Background Managing Partner at 507 Capital Portfolio: Retail strip centers Small multifamily properties Based in: Mankato, MN Say hi to him at: 507capital.llc LinkedIn Best Ever Book: Who...
May 30, 2023•37 min•Season 1Ep. 3190
Grant Smith is the Principal at Sharper Capital Partners, an Ohio-based hard money lender committed to funding great projects for residential rehabbers. In this episode, Grant discusses how he studied hard money lending from the ground up to grow a substantial business and how he built a unique real estate portfolio consisting of self-storage, raw land, and an auto repair shop. Grant Smith | Real Estate Background Principal at Sharper Capital Partners Portfolio: 80,000 square feet of self-storag...
May 29, 2023•34 min•Season 1Ep. 3189
Bonus Operations is a series hosted by apartment owner/operator and Best Ever Show host, Slocomb Reed. In each five- to ten-minute episode, Slocomb provides his top takes for executing your business plan and maintaining cash flow. In this episode, Slocomb shares various options for bringing construction management in-house as you scale your portfolio and four of the reasons he chose to do so, including reducing overall expenses and adding a valuable skill to his resume. Click here to learn more ...
May 28, 2023•18 min•Season 1Ep. 3188
Jarred Kessler is the CEO and co-founder of EasyKnock, the first-to-market residential sale-leaseback company. In this episode, Jarred discusses how EasyKnock’s business model aims to break down the barriers keeping 65% of Americans from having a mortgage, provide them with cash to pursue their financial goals, and reward rental tenants for making improvements to their property. Jarred Kessler | Real Estate Background CEO and co-founder of EasyKnock Portfolio: 15th biggest owner of single family...
May 27, 2023•28 min•Season 1Ep. 3187
Dax Ferguson is the CEO at Heritage Construction and Consulting Services, which takes syndicators from due diligence to CapEx execution. In this episode, Dax discusses the technology platform he developed to help investors develop and present CapEx budgets, key factors investors should consider who are looking to bring construction management in-house, some of the biggest projects where he’s lost money. Dax Ferguson | Real Estate Background CEO at Heritage Construction and Consulting Services Ba...
May 26, 2023•36 min•Season 1Ep. 3186
Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor. The future is impossible to predict, so the best we can do as investors is to do our due diligence, be conservative in underwriting, and know that potential returns are never promised nor guar...
May 25, 2023•18 min•Season 1Ep. 3185
Mat Simmons is the owner of SIMM Capital, which invests in value-add multifamily and affordable housing single family properties. In this episode, Mat dives into the world of affordable housing and Section 8 tenants. He shares why it’s not the best asset class for new investors, how he gets properties cash flowing 4 weeks or less, and some of the myths surrounding Section 8 tenants that he wishes more investors knew. Mat Simmons | Real Estate Background Owner of SIMM Capital, value-add multifami...
May 24, 2023•31 min•Season 1Ep. 3184
