In this episode of Actively Passive Investing Show, Travis Watts and Theo Hicks go through the 51 responsibilities of the general partner in apartment syndications . They talk about what general partners are doing behind the scenes with your capital broken down in three sections: precontract, contact-to-close, and post-closing. Tune in to learn what questions to ask the GP about their business plan, and/or how to use this information to create a successful business of your own. Click here to kno...
Jul 08, 2021•29 min•Season 1Ep. 2501
Father, daughter duo Abigail and Sean Thomson didn’t think they’d end up working together one day when she went off to college. But, after sharing her long-term goals with her dad, they both knew investing for passive income was the answer. They now successfully run the business together while Abigail balances her daily tasks and school. They talk about why they made the switch from residential to multifamily, how they structure day-to-day tasks, and what it’s like working with family. Abigail &...
Jul 07, 2021•21 min•Season 1Ep. 2500
After purchasing his first single family investment property in college, Sam Silverman continued to purchase 8 single family homes, and ultimately moved on to syndication. In this episode, we learn about Sam’s top 4 criteria for qualifying investments, how he uses his past experiences to raise capital, and his best piece of advice for new syndicators. Sam Silverman Real Estate Background: VP of Sales at a tech company 3 years experience (1 in single family then the next 2 have been all multi fam...
Jul 06, 2021•28 min•Season 1Ep. 2499
As a commercial real estate broker specializing in multi-tenant leases, Dan Lewkowicz has knowledge of many different asset classes. Today, we talk in depth about the differences between a net lease vs. multifamily and the pros and cons of each, absolute triple net leases vs. double net leases, net lease benefits as opposed to multifamily, and why you should become a commercial real estate broker instead of residential. Dan Lewkowicz Real Estate Background: 15 years of experience Now Director of...
Jul 05, 2021•34 min•Season 1Ep. 2498
Today, we’re talking with Drew Maconachy, specifically about the insurance side of real estate investing. He clues us in on the most common questions investors ask him, how to possibly get lower insurance costs, and some policies that you may not actually need on your insurance. Tune in to learn about the common insurance pitfalls real estate investors fall through and how to avoid them. Drew Maconachy Real Estate Background: Co-owner of Maconachy Stradley Insurance, Insuring 1000s of doors acro...
Jul 04, 2021•26 min•Season 1Ep. 2497
Starting out with zero real estate investing experience, Terrica Lynn Smith built her brand from the ground level. With a current portfolio of 250 doors, Terrica is passionate about teaching others to do the same and get started in real estate investing. She talks about her journey to crowdfunding, how she approaches it differently than others, and her best tips to ensure it’s successful in your business. Terrica Lynn Smith Real Estate Background: Full-time real estate investor 15 years of exper...
Jul 03, 2021•23 min•Season 1Ep. 2496
When his $300k loan was called in, in the midst of the recession, Bruce Glenn lost it all to pay it back. After selling his properties and becoming an appraiser, he saw people starting to buy properties again and decided to jump back in. Bruce talks about what he did differently the second time around, the main reason people lose money on deals, and his tips to make sure it doesn’t happen to you. Bruce Glenn Real Estate Background: Full-time real estate appraiser Successfully house flipping for ...
Jul 02, 2021•20 min•Season 1Ep. 2495
Growing up in a real estate family, Veena Jetti knew she had to leave corporate real estate and start investing for herself. After learning some valuable lessons in her first deal, Veena now has a portfolio of $400M in assets. She talks about the best time to raise capital, and her step-by-step systems and process she uses to provide a “luxury” real estate investing experience. Veena Jetti Real Estate Background: Partner at Vive Funds a large multifamily syndication Grew up in a real estate fami...
Jul 01, 2021•23 min•Season 1Ep. 2494
In a recent article , an anonymous writer tells us how he achieved financial independence through passive investing. Today we’re talking about the FIRE movement and what it truly means to be financially free. Theo Hicks & Travis Watts go in depth on the 4 levels of FIRE, as well as 4 steps to get started and succeed with the FIRE movement. Click here to know more about our sponsors RealEstateAccounting.co & ThinkMultifamily.com/coaching Learn more about your ad choices. Visit megaphone.f...
Jun 30, 2021•26 min•Season 1Ep. 2494
Today we’re talking to Chris Cammack, a new investor who has already built a portfolio of 47 rentals under 2 years. Chris gives us a unique perspective on the benefits of working a corporate job, and how you can use the systems and process towards your real estate career. We learn about how he acquired so many properties so quickly, and his secrets for finding private investors. Chris Cammack Real Estate Background: Full-time Account Manager 2 years of real estate experience Has completed 75 fli...
Jun 29, 2021•24 min•Season 1Ep. 2492
After accidentally making $30k on his first deal, Lee Kearney was immediately hooked and started researching his next investment. However, when 2007 hit, he realized the market wasn’t the problem and he started working on a new strategy. Lee discusses his strategy in-depth and how he came back from a $2M loss, what to look out for in the current market, and his biggest takeaways from working with a hedge fund. Lee Kearney Real Estate Background: CEO of Southeast Property Investments Network (SPI...
Jun 28, 2021•25 min•Season 1Ep. 2491
Today we’re talking to 3 best selling authors about honing in on your negotiating skills to win any real estate deal. Chris Voss, former FBI negotiator, gives us his #1 strategy he uses in negotiations and how that applies to real estate. J Scott discusses the importance of building rapport, and how to get others to like and trust you. Lastly, Oren Klaff tells us his best tool for proper negotiation and describes how to be the most compelling person in a negotiation. Chris Voss FBI hostage negot...
Jun 27, 2021•38 min•Season 1Ep. 2490
Mark Kappelman, Co-Founder of RealEstateAccounting.co , is well versed in multifamily investing and syndications, as well as the back end accounting world. Focusing 100% on the real estate industry, Mark discusses the types of investors that could benefit from outsourcing their accounting, and how to balance expensing vs. capitalizing. Mark and Joe also talk about real-life scenarios where outsourcing accounting services could have caught fraudulent activity. Mark Kappelman Real Estate Backgroun...
Jun 26, 2021•25 min•Season 1Ep. 2489
Managing Attorney, Brian Boyd, started representing contractors at his practice when he decided to look into it further. Now, he’s looking for new investing deals daily. Brian talks about the potential tax changes this year as it relates to real estate investors, and things you should be doing now to avoid litigation. Brian Boyd Real Estate Background: Owner and managing attorney of Boyd and Will’s Legal Lawyer working on commercial litigation, real estate litigation, business advisement, and ta...
Jun 25, 2021•18 min•Season 1Ep. 2488
Ever wonder what happens next after investing in a real estate syndication? Theo Hicks & Travis Watts talk in detail about what to expect from your sponsors monthly and quarterly after investing, the key items to look out for, and what tools to use to truly have the financial freedom of a passive investor. Best Ever Quote: “Do what you love, and outsource the rest.” -Travis Watts Click here to know more about our sponsors RealEstateAccounting.co & ThinkMultifamily.com/coaching Learn more...
Jun 24, 2021•19 min•Season 1Ep. 2487
Today, Theo analyzes the May 2021 National Rent Data Report published by Apartment List. He breaks down the record-breaking growth we’ve seen in the past few months, how the markets are performing versus pre-pandemic projections, and which markets continue to boom through pandemic recovery. 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 and I will talk to you tomo...
Jun 23, 2021•17 min•Season 1Ep. 2486
Michael Morawski’s seemingly normal life was turned upside down the day he was charged with fraud charges. After ignoring some red flags of those around him, he ended up making business moves that he later found out were unlawful. Tune in to find out how overscaling, overpaying, and overleveraging landed him in prison, what he learned in those 7.5 years, and how he’s scaling his business now. Michael Morawski Real Estate Background: Coaching and Training businesses in the multifamily investor sp...
Jun 21, 2021•27 min•Season 1Ep. 2485
When Mark Stubler realized he didn’t have full autonomy in his current position, he went full force into entrepreneurship. He talks about how he finds distressed deals, as well as his acquisition approach. Mark emphasizes his customer-minded focus on finding out his clients’ true needs to provide them real value, while still making great returns. Mark Stubler Real Estate Background: Founder of Joe Homebuyer 5 years of experience Portfolio consist of 100+ flips, & 500+ transactions (wholesale...
Jun 21, 2021•26 min•Season 1Ep. 2484
In this episode of “Best of Best Ever” we talk to three ex-pro athletes from the NFL and the NBA. Carl Banks talks about his biggest business flop, what he took away from that, and his best advice for entrepreneurs. Marvin Washington gives us practical tips for planning ahead, forming successful habits, and self-reflecting for constant improvement. Lastly, Jay Williams tells us the benefits of creating your own group of board members for accountability and feedback, as well as the importance of ...
Jun 20, 2021•27 min•Season 1Ep. 2483
After buying his first triplex in 2019, Antonio Cucciniello was hooked in the real estate world. In this episode, Antonio and Theo Hicks discuss why it took him so long to jump in and invest, how he grew his business with TikTok through the pandemic, and the 6-step process he teaches to get started faster. Antonio Cucciniello Real Estate Background: Senior Software Engineer on the innovation team at Kinesso 1 year of real estate experience Portfolio consist of 3 rentals, 7 units; 2 duplexes and ...
Jun 19, 2021•23 min•Season 1Ep. 2482
Steve Olson got his start in real estate while still in college, and he never looked back. In this episode, Theo Hicks talks with Steve about the pros of investing in built-to-rent fourplexes. Steve gives us an inside look at the fourplex business model, advantages of fourplexes vs. other real estate investments, and how they ensure they’ll be offering a great deal to their investors. Steve Olson Real Estate Background: Director of sales for Fourplex Investment Group (FIG) 17 years of real estat...
Jun 18, 2021•25 min•Season 1Ep. 2481
Today we’re covering how to make investing simple in just 4 steps, with Theo Hicks and Travis Watts. Theo and Travis talk about the real reasons why you’re not meeting your goals, and how to overcome the “analysis paralysis”. They break down the step-by-step process to help you move the needle forward and take action. Click here to know more about our sponsors RealEstateAccounting.co & ThinkMultifamily.com/coaching Learn more about your ad choices. Visit megaphone.fm/adchoices...
Jun 17, 2021•20 min•Season 1Ep. 2480
In this episode Theo analyzes the Post Pandemic Investment Report by Marcus & Millichap. Tune in to learn about future, post-pandemic trends for commercial real estate as a whole, as well as each individual asset class. https://www.marcusmillichap.com/research/special-report/2021/05/post-pandemic-investment-trends-special-report 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 yo...
Jun 16, 2021•19 min•Season 1Ep. 2479
Jumping full-time into real estate right out of college, Rob Mehta’s first move was house hacking. After founding two companies and surviving the 2006 housing crash, Mehta went on to make his biggest deal to date. Tune in to hear a broker’s perspective on rebuilding after the market crash, some similarities, and one major difference he sees in today’s housing environment. Rob Mehta Real Estate Background: Full-time real estate investor 10 years of experience Portfolio consist of multifamily apar...
Jun 15, 2021•32 min•Season 1Ep. 2478
After spending 12 years as a management consultant and forming a circle of mentors, Kent decided it was time to start investing in real estate. Starting out as a passive and then active investor, he grew his career by building a portfolio of assets. Learn about how he got people to invest with him while he had little real estate experience, and how he built his portfolio of 440 doors in 3 states in just 5 years. Kent Ritter Real Estate Background: Managing Director at the multifamily private equ...
Jun 14, 2021•26 min•Season 1Ep. 2477
In this episode of Best of the Best Ever, we hear three perspectives on growing your website traffic and conversion rates from Neil Patel, Chris Dayley, and Melissa Johnson. Neil focuses on increasing traffic and conversions by SEO, keyword best practices, and avoiding the #1 mistake people make when building a website. Chris discusses what his company looks for in a strong website and how to minimize your resistance factors to increase your conversions. Lastly, Melissa discusses how she creates...
Jun 13, 2021•36 min•Season 1Ep. 2476
In this episode, Scott Meyers talks about his journey through self storage investing. What started as single family rentals quickly turned into self storage for less hassle and more freedom. He discusses the market, underwriting tips, and his secrets for adding value. Scott Meyers Real Estate Background: Full time real estate investor for 3 years Portfolio consist of $160 Million in Assets under management - 13,000 self storage doors, 2.2M Square feet in 39 facilities nationwide Based in Indiana...
Jun 12, 2021•25 min•Season 1Ep. 2475
Austin is the owner of Glanzair Properties and 717 Home Buyers. He began his real estate investing journey 3 years ago when he bought his first triplex. Austin talks about how he made his full-time real estate investing goals a reality by living below his means and making his money work for him, instead of constantly working for his money. Austin Glanzer Real Estate Background: Full time real estate investor for 3 years Portfolio consists of 20 wholesales, 4 flips, and 2 house hacks Based in Lan...
Jun 11, 2021•20 min•Season 1Ep. 2474
Travis and Theo talk about how to find professional mentors and decipher if they’re right for you by listing 3 consistent themes of a good mentor. They discuss the potential downside of selecting the wrong mentor and what an incorrect mentor may look like. Best Ever Tweet: "Books are great, but people are better” -Travis Watts Click here to know more about our sponsors RealEstateAccounting.co thinkmultifamily.com/coaching Learn more about your ad choices. Visit megaphone.fm/adchoices...
Jun 10, 2021•25 min•Season 1Ep. 2473
In this episode, Theo breaks down the results of the CBRE Americas Intentions Survey. Theo talks about the 9 main takeaways from the survey as we look into what is currently happening in commercial real estate as well as potential future trends. 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 and I will talk to you tomorrow. Click here to know more about our sponso...
Jun 09, 2021•21 min•Season 1Ep. 2472
