Nate Whigham, President of EN Capital, joins Amanda Cruise and Ash Patel to discuss capital advisory work in commercial real estate. Nate shares his expertise in debt and equity placement, particularly in transitional deals that require structured finance. He explains the challenges and opportunities of placing capital in markets like Puerto Rico and the Caribbean. Nate also discusses the current investor sentiment and the types of deals that are attracting capital. He emphasizes the importance ...
Aug 15, 2024•34 min•Season 1Ep. 3633
Brian Ferguson, founder of Fergmar, focuses on value-add real estate, long-term holds, and cash flow. He addresses challenges in finding deals and hiring, while committing to veteran support and home ownership initiatives. Brian Ferguson | Real Estate Background Fergmar Based in: Victoria, TX Say hi to him at: LinkedIn www.altunascapital.com www.fergmar.com Sponsors: Passive Investing Mastery Apartments.com Bam Capital Learn more about your ad choices. Visit megaphone.fm/adchoices...
Aug 14, 2024•22 min•Season 1Ep. 3632
Slocomb Reed discusses who should self-manage multifamily portfolios, considering whether real estate is your primary income and your goals. He highlights the control and challenges of self-management and shares personal examples to illustrate its impact. Sponsors: Passive Investing Mastery Apartments.com Bam Capital Learn more about your ad choices. Visit megaphone.fm/adchoices...
Aug 13, 2024•21 min•Season 1Ep. 3631
Ash Patel, a commercial real estate investor, shares his journey and insights in this conversation. He stumbled upon commercial real estate after buying a mixed-use building and realizing the benefits of commercial tenants. He has since invested in various asset classes and focuses on high-value add deals. Ash discusses the current market conditions and the opportunities he sees, including the potential in office buildings in walkable suburbs. He emphasizes the importance of hiring and building ...
Aug 12, 2024•34 min•Season 1Ep. 3630
Daniel Casey, CEO of North40 Capital, renovates C and D apartments in prime locations to compete with class A properties. He emphasizes affordable, high-quality housing and the advantages of being a local owner-operator. Daniel Casey | Real Estate Background North40 Capital LLC Based in: Tacoma, WA Say hi to him at: www.north40capital.com Instagram Sponsors: Passive Investing Mastery Apartments.com Bam Capital Learn more about your ad choices. Visit megaphone.fm/adchoices...
Aug 11, 2024•26 min•Season 1Ep. 3629
Ian Cruz and Slocomb Reed discuss investing for long-term growth versus cashflow in real estate, focusing on 2024 multifamily opportunities, interest rates, and market volatility. They stress understanding market fundamentals and vetting operators. Ian Cruz | Real Estate Background Partner, ELEV8 Capital Portfolio STR, MTR, LTR, multifamily (Bay Area, CA and Cincinnati) Based in: San Jose, CA Say hi to him at: Contact Information and Full Bio LinkedIn Instagram Sponsors: Passive Investing Master...
Aug 10, 2024•29 min•Season 1Ep. 3628
Anthemos Georgiades, co-founder and CEO of Zumper, discusses the value of digitizing the rental process and the importance of understanding the needs of both renters and landlords. Zumper serves as a lead generator for landlords, attracting millions of renters to their platform. They also provide data and insights to help landlords make informed decisions about pricing and property performance. Anthemos Georgiades | Real Estate Background Zumper Based in: Miami, FL Say hi to him at: www.zumper.c...
Aug 09, 2024•23 min•Season 1Ep. 3627
Katie Decker Erickson, a designer, highlights the importance of amenities like pet playgrounds, outdoor spaces, and communal areas to boost ROI. She advises using underutilized spaces creatively and understanding the target market. Katie Decker-Erickson | Real Estate Background Color Works Design Worked on multifamily properties in over 20 states adding value and new design. Based in: Wenatchee, WA Say hi to her at: www.colorworks.design LinkedIn Facebook Instagram Sponsors: Passive Investing Ma...
Aug 08, 2024•32 min•Season 1Ep. 3626
Joe Cornwell interviews Dejan Eskic, a senior research fellow and real estate economist, about the economy and housing. They discuss the challenges of housing affordability, the impact of zoning regulations, and potential solutions for the housing shortage. They also touch on the demographic trends and the importance of understanding population composition. Dejan Eskic | Real Estate Background Kem C. Gardner Policy Institute, Ivory Innovations Based in: Salt Lake City Say hi to him at: LinkedIn ...
Aug 07, 2024•32 min•Season 1Ep. 3625
Rachael Jones, principal of Clover Capital Group, focuses on multifamily apartments. She highlights property management, incubator programs, quick decision-making, expert advice, and community involvement. Rachael Jones | Real Estate Background Clover Captial Group Based in: Belmont, North Carolina Say hi to her at: www.clovercapitalgroup.net LinkedIn Best Ever Book: Poor Charlie's Almanack by Charlie Munger Sponsors: Passive Investing Mastery Apartments.com Bam Capital Learn more about your ad ...
Aug 06, 2024•35 min•Season 1Ep. 3624
Jay Maranan, a capital raising expert, shares his experience in syndications, emphasizing trust, credibility, and networking. He highlights the importance of understanding the market and addressing investor concerns. Jay Maranan | Real Estate Background Zen Coast Capital Portfolio: 541 units (5 apartment buildings), 7 units (LTR/STR) Based in: San Francisco, CA Say hi to him at: Instagram Best Ever Book: Think Again by Adam Grant Sponsors: Passive Investing Mastery Apartments.com Bam Capital Lea...
Aug 05, 2024•21 min•Season 1Ep. 3623
Bradley Sumrok shares his challenging experiences with recent deals, emphasizing not selling unless necessary and the importance of vetting partners and having liquidity. He also highlights his mentorship program and charity work. Bradley Sumrok | Real Estate Background Sumrok Multifamily Mentoring Portfolio: 35 buildings totaling ~7,700 units Based in: Dallas TX Say hi to him at: www.bradsumrok.com Best Ever Book: Rich Dad Poor Dad Sponsors: Passive Investing Mastery Apartments.com Bam Capital ...
Aug 04, 2024•33 min•Season 1Ep. 3622
Ryan Hill, CEO of Phoenix Capital, focuses on custom deals in mobile home parks, infill, and rehab. He partners with park owners to fund and sell homes. His portfolio includes mobile home parks, RV parks, and a retail center. He emphasizes the importance of passion and grit in real estate investing. Ryan Hill | Real Estate Background CEO Phoenix Financial, COO Suncrest Capital Portfolio: 22 MHPs (~1300 spaces), 3 RV parks, 1 Retail Center (20,000 sq. ft.) Based in: Meridian ID Say hi to him at: ...
Aug 03, 2024•33 min•Season 1Ep. 3621
Nic Espanet, owner of Flex Equity Group, shares his experience as a passive investor and general partner in multifamily syndications. He emphasizes the importance of getting to know and trust the operators before investing, as well as thoroughly researching their track record. Nic also discusses the challenges he has faced in the current market, such as rising insurance and taxes. Nic Espanet | Real Estate Background Flex Equity Group Portfolio: +1,606 doors Based in: Fort Worth, TX Say hi to hi...
Aug 02, 2024•28 min•Season 1Ep. 3620
Mike Woodfield, owner of Obsidian Capital, advises focusing on good underwriting, conservative practices, and strong partnerships in multifamily real estate investing. He emphasizes fixed-rate debt and HUD loans. Mike Woodfield | Real Estate Background Obsidian Capital Portfolio: Total of 16 properties Based in: Austin, TX Say hi to him at: www.obsidiancapitalco.com Best Ever Book: 12 Rules for Life by Jordan Peterson Sponsors: Viking Capital Apartments.com Hotel Shift Learn more about your ad c...
Aug 01, 2024•37 min•Season 1Ep. 3619
Grant Francke, a full-time real estate investor, shares his experience and insights on value-add small to midsize multifamily investing. He discusses his background, portfolio, and day-to-day responsibilities. Grant emphasizes the importance of treating people right and having a clear why in real estate investing. Grant Francke | Real Estate Background Owner of GLF Properties Based in: Adams, NE Say hi to him at: GrantFrancke.com Best Ever Book: The Unlikely Investor by Grant Francke Sponsors: V...
Jul 31, 2024•19 min•Season 1Ep. 3618
Donato Callahan, acquisitions manager at CRE Capital, shares his background and journey in real estate investing. He discusses his role as an acquisitions manager and the challenges he faces in finding deals that meet specific criteria. Donato emphasizes the importance of building relationships with brokers and consistently looking at a large number of deals. He also talks about the changes in the real estate market over the years and the strategies his company employs. Learn more about your ad ...
Jul 30, 2024•32 min•Season 1Ep. 3617
AJ Klenk, Managing Partner of Catalyst Capital Partners, joins Slocomb Reed on the Best Real Estate Investing Advice Ever Show. AJ shares insights into the current multifamily market, including the impact of new construction projects on rent rates. He also talks about Catalyst's focus on the Southeast and the factors they consider when choosing markets for development. AJ Klenk | Real Estate Background Catalyst Capital Partners, Built on Hospitality Based in: Charlotte, North Carolina Say hi to ...
Jul 29, 2024•28 min•Season 1Ep. 3616
Steve Arneson, CEO of Synergy Mastermind and the Reinvestors, discusses his experience in real estate investing and the challenges he has faced in the Canadian market. He shares how his business has evolved over the years, focusing on new construction development and managing existing properties. Steve Arneson | Real Estate Background Synergy Mastermind & The REINVESTORS Based in: Victoria, BC Say hi to him at: Instagram www.synergymastermind.ca Best Ever Book: Seven Habits of Highly Effecti...
Jul 28, 2024•26 min•Season 1Ep. 3615
Craig McGrouther, Director of Business Development at Lone Star Capital, shares insights on value-add real estate and capital raising. He discusses the challenges of convincing investors to invest in value-add opportunities and the importance of communication in building trust. Craig McGrouther | Real Estate Background Lone Star Capital Portfolio 4,000 units in TX Based in: NYC, NY Say hi to him at: LinkedIn Best Ever Book: Rich Dad Poor Dad Sponsors: Viking Capital Apartments.com Learn more abo...
Jul 27, 2024•28 min•Season 1Ep. 3614
Jordan Alleva, a syndicator of multifamily, mobile home parks, and single-tenant net lease deals, discusses his investment strategies and the challenges he faces in the real estate market. He explains the benefits of investing in single-tenant net lease deals, such as stable cash flow and lower management requirements. Jordan Alleva | Real Estate Background Co-Founder of Apex Equities Portfolio 190+ units of multifamily and mobile home parks. Based in: Sacramento, CA Say hi to him at: Apex-Equit...
Jul 26, 2024•23 min•Season 1Ep. 3613
Brandon Cobb, a real estate developer, shares his experience in developing affordable entry-level housing communities. He discusses his strategy of acquiring land, rezoning it, and developing it for residential use. Brandon emphasizes the importance of building relationships with local municipalities and understanding their vision for the community. Brandon Cobb | Real Estate Background HBG Capital Portfolio Building 30 homes. Developing 74 homes sites. Rezoning mixed use project, Rezoning/entit...
Jul 25, 2024•37 min•Season 1Ep. 3612
Kris Morin of Three Peaks Capital focuses on data-driven multifamily syndication in growth markets like Indiana for better cash flow. He advises investors to focus locally, build relationships, and understand challenges in blue states. Kris Morin | Real Estate Background Three Peaks Capital Portfolio - 132 units under management (brand started two years ago): 58 units in Fort Wayne, IN 56 units in Evansville, IN 18 units in Connecticut Based in: Enfield, Connecticut Say hi to him at: LinkedIn ww...
Jul 24, 2024•26 min•Season 1Ep. 3611
Katie Decker-Erickson, a commercial and multifamily designer, stresses the importance of hiring a professional color consultant for real estate projects to enhance curb appeal. She highlights the role of color in differentiating properties and the need for cohesive palettes, considering the target market and location Katie Decker-Erickson | Real Estate Background Color Works Design Worked on multifamily properties in over 20 states adding value and new design. Based in: Wenatchee, WA Say hi to h...
Jul 23, 2024•40 min•Season 1Ep. 3610
Steve Shropshire, owner of Aloha Green, envisions an agri-village in Hawaii with 200 affordable housing units, farmland, and community spaces. He emphasizes community and government support, and considers modular homes to reduce costs. Steve Shropshire | Real Estate Background Aloha Green Portfolio Industrial -38,000 sq ft Multi family Residential Agricultural lands Based in: Hollywood Florida Say hi to him at: LinkedIn Best Ever Book: Growth Mindset by Carol S. Dweck Sponsors: Viking Capital Ap...
Jul 22, 2024•28 min•Season 1Ep. 3609
Cole Farrell, owner of Vulcan Capital, discusses his 54-unit apartment investment in Mount Airy, NC. He plans to renovate and increase rents, shares his journey from smaller to larger deals, and emphasizes building investor trust and transparency about risks. Cole Farrell | Real Estate Background Volcan Capital Portfolio Purchasing a 54 Unit in NC, Owns 13 Small Multifamily Units Based in: Easton, PA Say hi to him at: VolcanCapital.com Best Ever Book: Best Ever Apartment Syndication Book Sponsor...
Jul 21, 2024•31 min•Season 1Ep. 3608
John Wei, a California investor, started with a duplex in Atlanta and now focuses on value-add deals in Dallas. He emphasizes buying right, shares lessons learned, and highlights the importance of good partners and strong industry relationships. John Wei | Real Estate Background Astutequity Holdings, LLC. Portfolio Approximately 700 units, actively managing 450 units Based in: Dallas Fort Worth Texas Say hi to him at: www.astutequity.com Sponsors: Viking Capital Apartments.com Learn more about y...
Jul 20, 2024•25 min•Season 1Ep. 3607
The conversation revolves around the topic of Biden's 5% rent cap plan and its potential impact on the real estate market. They also explore the pros and cons of rent control and the broader issue of housing affordability. The conversation concludes with a discussion on potential solutions, such as increasing supply through new construction and government incentives. Sponsors: Viking Capital Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices...
Jul 19, 2024•32 min•Season 1Ep. 3606
Alex Cartwright, principal of Hotel Shift, specializes in hotel-to-apartment conversions. He discusses the benefits, such as lower purchase prices, zoning challenges, and targeting affordable housing markets. Alex Cartwright | Real Estate Background HotelSHIFT Portfolio Multifamily Syndication & Hotel Conversion Properties Approximately 24 multifamily units personally owned 120-unit hotel-to-apartment conversion project Based in: Grand Rapids, Michigan Say hi to him at: www.HotelSHIFT.capita...
Jul 18, 2024•40 min•Season 1Ep. 3605
Robert Preston, CEO of Climb Capital, focuses on RV parks, with a portfolio of 17 in the southeast. Despite decreased demand, higher rates keep revenue steady. He advises investors to be either fully passive or hands-on business owners Robert Preston | Real Estate Background President of Dream Outdoor Resorts DLP Capital Portfolio 13 Long Term RV Parks 4 RV Resorts 4 Apartment Complexes Based in: Pensacola, FL Say hi to him at: LinkedIn Instagram Facebook Best Ever Book: The Bible Sponsors: Viki...
Jul 17, 2024•20 min•Season 1Ep. 3604