Bishoy M. Habib Esq., attorney and broker at Levacy Legal, joins host Ash Patel on the Best Ever CRE Show. In this episode, Bishoy discusses the benefits of being an active investor, broker, and real estate attorney simultaneously. He also discusses the value of land trusts, the concept of segregating risk, and why you never want to be accused of “piercing the corporate veil.” Finally, he explains why everything in life — even loan docs — is negotiable. Bishoy M. Habib, Esq. | Real Estate Backgr...
Oct 14, 2024•32 min•Season 1Ep. 3693
Moshe Crane, VP of branding and strategic initiatives at Sage Ventures, joins host Slocomb Reed on the Best Ever CRE Show. In this episode, Moshe discusses the self-auditing process that resulted in him saving his company $20,000. He also shares the thesis behind the apprentice program he’s currently building and why maintenance is the No. 1 factor in tenant retention. Moshe Crane | Real Estate Background VP Branding and Strategic Initiatives Sage Ventures Portfolio: 10 Properties, 4k units. Bas...
Oct 13, 2024•25 min•Season 1Ep. 3692
Jonathan Nichols, CEO at Apogee Capital, joins host Joe Cornwell on the Best Ever CRE Show. In this episode, Jonathan discusses how to get deals done in today’s market, including how to make loan assumptions work on value-add multifamily deals. He also discusses the nuances of building a business, including how to build a real estate dream team by building a culture that goes beyond doing the bare minimum. Jonathan Nichols | Real Estate Background CEO Apogee Capital Portfolio: ~1000 units as a G...
Oct 12, 2024•24 min•Season 1Ep. 3691
Trevor McGregor, a successful real estate investor and coach, discusses navigating today's real estate market, emphasizing mindset and action. He stresses adapting to changes like rising interest rates and competition, focusing on relationships, and raising standards. McGregor also highlights overcoming limiting beliefs and taking responsibility for success. In conversation with Matt Faircloth, they cover key success factors: mindset, goal setting, systems, time management, execution, and accoun...
Oct 11, 2024•56 min•Season 1Ep. 3690
On this episode of the Best Ever CRE Show, George Giannopoulos, CEO of King's Capital, shares his journey in real estate, detailing his transition from a real estate agent to a principal investor managing a portfolio worth $160 million. He discusses his first syndication experience, strategies for raising capital, and the expansion into the Sunbelt market. George also addresses the challenges of refinancing in a changing market, the importance of creative deal structuring, and the lessons learne...
Oct 10, 2024•26 min•Season 1Ep. 3689
In this episode on the Best Ever CRE Show, Joe Cornwell interviews Jeff Johnson, a regional CFO and real estate investor, who shares his journey from single-family homes to multifamily investments. Jeff discusses his early experiences in real estate, the challenges he faced in property management, and the strategies he employed to successfully acquire and manage multifamily properties. He emphasizes the importance of understanding tenant demographics, having a solid business plan, and the lesson...
Oct 09, 2024•25 min•Season 1Ep. 3688
On this episode of the Best Ever CRE Show, host Slocomb Reed interviews Chad Brinkerhuff, co-founder and managing partner of Great Dane Capital. Chad shares his journey into multifamily investments, detailing the acquisition of a 327-unit property in San Antonio, Texas. The conversation explores the challenges faced during the acquisition process, the importance of tax benefits, and the dynamics of the San Antonio rental market. Chad also discusses his role in evaluating deals and the lessons le...
Oct 08, 2024•19 min•Season 1Ep. 3687
Drew Joyner, owner of Ash Holdings, shares his experience in commercial real estate, focusing on industrial and retail properties. He values commercial assets for their challenges and stability, and prioritizes tenant management, zoning, and parking issues. Drew highlights a South Memphis deal with a 40% cash-on-cash return and stresses the importance of broker relationships and professional expertise in finding off-market opportunities. Drew Joyner | Real Estate Background Ash Holdings Portfoli...
Oct 07, 2024•38 min•Season 1Ep. 3686
In this episode, Joe Cornwell interviews Ron Walraven, a seasoned real estate investor with over 25 years of experience in wholesaling and creative finance. They discuss Ron's transition from wholesaling to long-term investments, particularly in the commercial real estate sector and assisted living facilities. Ron shares insights on creative financing strategies, the importance of solving seller problems, and the current market landscape as they approach Q4 2024. He emphasizes the need for inves...
Oct 06, 2024•31 min•Season 1Ep. 3685
In this conversation, Slocomb Reed and Nick Simpson discuss the current state of the real estate market, focusing on multifamily and affordable housing investments. Nick shares insights on recent acquisitions, the challenges of negotiating in a fluctuating market, and the importance of conservative underwriting. They also explore the impact of interest rates on investment strategies and the lessons learned from recent experiences in development and acquisitions. Sponsors: Apartments.com Learn mo...
Oct 05, 2024•19 min•Season 1Ep. 3684
On this episode of the Next Level CRE Show, Matt Faircloth interviews Arne Cenedella about staying spry in body, mind, and business as they age. Arne shares his daily workout routine and the benefits he experiences from staying physically active. They also discuss Arne's real estate ventures, including smaller syndication deals and build-to-rent projects. Arne explains the advantages of buying new construction properties and the differences in underwriting between older and newer buildings. The ...
Oct 04, 2024•38 min•Season 1Ep. 3683
Jesse Janssen shares his journey from a banking career to becoming a multifamily real estate operator in Anchorage, Alaska. He discusses the unique characteristics of the Anchorage market, including its stability and growth potential, as well as the challenges and opportunities in real estate investing. Jesse emphasizes the importance of building a strong team and relationships in the industry, and he provides insights into the current economic landscape and insurance challenges faced by propert...
Oct 03, 2024•27 min•Season 1Ep. 3682
In this episode, Joe Cornwell interviews Brian Heller, founder and CEO of Fairway Equities, who shares his journey from the entertainment industry to real estate investing. Brian discusses his experiences as both a limited partner (LP) and general partner (GP) in multifamily investments, highlighting key lessons learned along the way. He provides insights into a successful full cycle deal, the challenges faced in the current real estate market, and offers advice for investors looking to navigate...
Oct 02, 2024•32 min•Season 1Ep. 3681
Scott Trench, CEO of BiggerPockets, joins hosts Ash Patel and Amanda Cruise on the Best Ever CRE Show. In this episode, Scott discusses his conservative investing strategy, including his LP investments in syndications that haven’t gone as planned. He also discusses the state and future of multifamily syndications, how he’s navigated capital calls as an LP, and why someone who has never lost money is dangerous to invest with. Scott is an economist at heart, so he shares his insights on the Fed, i...
Oct 01, 2024•50 min•Season 1Ep. 3680
Andy McMullen, CEO of Legacy Acquisitions, joins host Slocomb Reed on the Best Ever CRE Show. In this episode, Andy discusses developing build-to-rent in the southeast, why the time horizon to build in a certain market is among the most crucial factors when choosing BTR markets, and why he prefers BTR to multifamily value-add. Slocomb — a multifamily owner/operator — plays devil’s advocate, challenging Andy on BTR assumptions and strategies, and Andy fires back with the details and nuances his t...
Sep 30, 2024•28 min•Season 1Ep. 3679
Shane LaFave, executive vice president of Roers Companies, joins host Joe Cornwell on the Best Ever CRE Show. In this episode, Shane discusses the development aspect of his business, specifically finding land to purchase for new developments, how he’s able to build right now when other developers are struggling, and what he looks for in a land deal. He also provides a step-by-step breakdown of a $45 million deal he did in his backyard in Minnesota, including how he used Minnesota’s tax increment...
Sep 29, 2024•33 min•Season 1Ep. 3678
Cindy Hook of Sonos Capital joins Amanda Cruise and Ash Patel on the Best Ever CRE Show. In this episode, Cindy discusses buying mobile home communities across the country, how their team manages communities across different markets, and how to get started in raising capital. She also discusses lessons she’s learned in managing mobile home parks, including septic and sewage issues that threw a major wrench in her early deals. Sponsors: Altra Running Apartments.com Learn more about your ad choice...
Sep 28, 2024•30 min•Season 1Ep. 3677
In this episode of Next Level CRE on the Best Ever CRE Show, Luke Carl, a short-term rental specialist who dabbles in multifamily, joins host Matt Faircloth. Luke is a legit rock star in both music and real estate. In this episode, he shares the secrets to scaling an STR portfolio through vertical integration, how he structures his bank accounts to account for CapEx (without paying himself), and how he builds long-term wealth to become “bulletproof.” He also discusses the short- and long-term fo...
Sep 27, 2024•40 min•Season 1Ep. 3676
Andy Weiner, president of RockStep Capital, joins hosts Amanda Cruise and Ash Patel on the Best Ever CRE Show. In this episode, Andy gives an absolute masterclass on retail investment, focusing on enclosed malls and power centers. He shares the misconceptions around Amazon’s impact on retail, why going tenant-by-tenant is the best way to forecast NOI with mall spaces, and why owning a second-generation power center is a good bet in today’s world. Seriously … if you’re looking to invest in retail...
Sep 26, 2024•38 min•Season 1Ep. 3675
Dan Costantino — a value-add multifamily operator, hard money lender, and managing member at Achieve Capital Partners — joins host Slocomb Reed on the Best Ever CRE Show. In this episode, Dan shares how his real estate side hustle became his full-time gig, from raising capital from passive investors for hard money lending to scaling into multifamily deals. He also discusses the process of vertically integrating via in-house property management, why he finds himself saying No more and more often,...
Sep 25, 2024•23 min•Season 1Ep. 3674
Joe Pizzurro, managing director of Breakchain Capital, joins host Joe Cornwell on the Best Ever CRE Show. In this episode, Joe discusses the self-storage industry in 2024, including how interest rate hikes pushed him from multifamily to self storage, the value-add strategies his team deploys, and why he now stays away from lead-up deals. He also explains how the seller financing structure on his most recent acquisition made the deal possible. Sponsors: Altra Running Apartments.com Learn more abo...
Sep 24, 2024•23 min•Season 1Ep. 3673
Section 8 investor Mike Curadossi joins host Slocomb Reed on the Best Ever CRE Show. In this episode, Mike dives into what it’s really like managing Section 8 properties, including the secrets and strategies to maximize cash flow, the biggest challenges that come with Section 8 tenants, and why placing tenants is the single most important part of the Section 8 process. Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices...
Sep 23, 2024•28 min•Season 1Ep. 3672
Brian Levredge, owner of First Property Management, joins hosts Ash Patel and Amanda Crusie on the Best Ever CRE Show. He invests in a variety of asset classes, including industrial and flex, office, multifamily, and more. In this episode, Brian and our hosts nerd out on suburban office, discussing why it’s one of the most overlooked opportunities in commercial real estate today. He also discusses the headaches of managing multi-tenant office buildings, his criteria and how he evaluates office d...
Sep 22, 2024•36 min•Season 1Ep. 3671
Jonah Bamberger, managing partner and executive chairman of Aulder Capital, joins host Joe Cornwell on the Best Ever CRE Show. Aulder Capital has done over 60 acquisitions totaling more than $1 billion, and in this episode, Jonah discusses investing in Brooklyn and along the I-95 corridor, the active development deals currently working on — including building New York’s only Miami-style beach club — and the challenges of investing in rest-stabilized neighborhoods in NYC. Jonah Bamberger | Real E...
Sep 21, 2024•29 min•Season 1Ep. 3670
In this episode of Next Level CRE on the Best Ever Show, Brian Burke, CEO of Praxis Capital, joins host Matt Faircloth. Brian has acquired over half a billion dollars of real estate in his 30-plus years in the business, including more than 3,000 multifamily units and more than 700 single-family homes, with the assistance of proprietary software that he wrote himself. Brian has subdivided land, built homes, and constructed self-storage, but prefers to reposition existing multifamily properties. B...
Sep 20, 2024•57 min•Season 1Ep. 3669
Ash Patel interviews Anita Verma-Lallian, CEO of Arizona Land Consulting, about her journey in the land consulting business, the growth of Arizona's real estate market, and the intricacies of land acquisition and development. Anita shares insights on the importance of zoning, community relations, and strategic investment in land, as well as the returns investors can expect compared to other asset classes. The discussion also touches on the challenges of finding suitable properties and the dynami...
Sep 19, 2024•26 min•Season 1Ep. 3668
Josh Ferrari, CEO and owner of Ferrari Capital, discusses his experience in syndicating commercial real estate, including multifamily properties and RV parks. He shares his unique perpetuity model for partnership with LPs, where they receive a 100% return of capital and then retain ownership in the deal while receiving a share of distributable capital. Josh also talks about his recent business acquisition of a pecan business and the cash flow it generates. He emphasizes the importance of pivotin...
Sep 18, 2024•31 min•Season 1Ep. 3667
Paul Montelongo, founder of Montalongo Capital, discusses his focus on acquiring value-add multifamily properties in Texas, Kansas, and Alabama. He shares that their business plan involves putting about a million dollars worth of improvements into each property and holding them for five to six years. Paul emphasizes the importance of staying nimble in the current market and building strong relationships with brokers and referral sources to find deals. He also discusses the benefits and challenge...
Sep 17, 2024•29 min•Season 1Ep. 3666
Mike Morawski, a commercial multifamily operator, shares his experience in the real estate industry and offers insights into the current market climate. He discusses the factors that contributed to his success in scaling his business from zero to $100 million in five years, as well as the mistakes he made during the Great Recession. Morawski believes that there are opportunities in the current market and emphasizes the importance of investing in growth markets and paying attention to details in ...
Sep 16, 2024•23 min•Season 1Ep. 3665
Charlie Panayi, CEO of Red Squirrel Property Shop, shares his journey into real estate investing and the different types of properties he has invested in. He started at a young age, buying his first property at 18 and focusing on buy-to-let investments. As he gained more experience, he diversified into larger developments, conversions, and commercial properties. He also discusses the UK property market and the opportunities that arose after the 2008 crash. Charlie emphasizes the importance of ed...
Sep 15, 2024•34 min•Season 1Ep. 3664
