On today’s Situation Saturday, we’re talking with Joseph Cornwell about his unique experience he ran into while trying to renovate and rent his 8-unit property. After lockdown delays and being caught in a territorial battle between local and county jurisdictions, Joseph tells us what he learned from this seemingly unending renovation. He shares how he got out of the toxic situation, and what he does on day one of all projects now. Joseph Cornwell Real Estate Background: Full-time police officer ...
Aug 07, 2021•31 min•Season 1Ep. 2531
After learning the key to turning his first property around in 2018, Vincent Rodriguez went on to grow his investments even more in the next few years. Last year alone he grew from 5 units to 25 units during the pandemic, all on top of working a full time job. Vincent is sharing his secrets for growth, partnerships, time management, and his exact deal structure with his partners. Vincent Rodriguez Real Estate Background: Mechanical engineer and Managing partner for AnVi Holdings, LLC Started inv...
Aug 06, 2021•27 min•Season 1Ep. 2530
In today’s episode of the Actively Passive Investing Show, Travis Watts discusses the parallels between real estate investing and Ralph Lauren’s story on building his empire. We take a look into leveraging other people, thinking alternatively in your investments, and how to design a life on your terms by taking action today (no matter how small). Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad cho...
Aug 05, 2021•21 min•Season 1Ep. 2529
After growing up with investor parents, Charles thought he would follow his dad’s footsteps and self-manage his future investments. That is, until he started syndicating. Today, we’re talking to Charles about how he approaches conversations with potential investors now, why his mindset changed from wanting to do it all himself to including investors in his deals, and how that helped move the needle forward in his goals. Charles Carillo Real Estate Background: Managing Partner of Harborside Partn...
Aug 04, 2021•34 min•Season 1Ep. 2528
After burning out from 10 years of struggling to succeed in real estate, Tony Javier looked for ways to automate his business. Today, we’re talking with Tony about using TV commercials to grow your motivated seller leads on autopilot. He tells us the top 5 benefits of using TV ads for investors, what channels he focuses on and why, and how he does this for even smaller costs than direct mail. Tony Javier Real Estate Background: Full-time real estate investor 19 years of real estate experience Po...
Aug 03, 2021•27 min•Season 1Ep. 2527
After filing chapter 7 bankruptcy at 35 years old, Nate Barger decided it was time to get more creative with his investments, so he shifted gears to hotels. Now, he’s working on an $80M Hilton build in Sarasota, FL. Nate talks about hotel scalability potential, possible risks of hotel investing, and why he would choose hotels over multifamily any day. Nate Barger Real Estate Background: Full-time real estate investor 16 years experience Actively involved as Syndicator, Syndication, Apartment Own...
Aug 02, 2021•40 min•Season 1Ep. 2526
Today, we’re talking with National Flood Experts’ Director, DJ McClure, about the benefits of investing in flood zone properties and how to use them as a value-add tactic. DJ discusses the flood zone creation process and how he works with FEMA to change flood zones, and how you can use this to your advantage to acquire properties other investors are probably passing on. DJ McClure Real Estate Background: Director of National Flood Experts - A firm focusing on reviewing flood zones to uncover cos...
Aug 01, 2021•22 min•Season 1Ep. 2525
When a natural disaster hit Panama City Beach, Andrew Cushman went from 150 units at 100% occupancy, to 14 units in a matter of 3 hours. In today’s #SituationSaturday, Andrew tells us how he handled investor conversations before and after the hurricane, insurance best practices, and how to plan for natural disasters and actually benefit financially. Andrew Cushman Real Estate Background: Full-time apartment syndicator 13 years of real estate experience Previous guest on episode JF868 2017 Portfo...
Jul 31, 2021•28 min•Season 1Ep. 2524
Today we’re talking about fostering long-term relationships to create deals for now and years to come. Ruben Kanya gives us his best tips for making genuine connections to create an inventory for himself. He talks about his approach to finding deals, his follow-up process for getting straightforward answers, and how to be more effective in your outreach. Ruben Kanya Real Estate Background: Full time Business Analyst, Licensed Realtor, and Director of Invested Talent 5 years of real estate invest...
Jul 30, 2021•29 min•Season 1Ep. 2523
In today’s episode of the Actively Passive Investing Show, Travis Watts explains what limited partners do for a living . He talks about the 5 different categories of limited partners, and 3 reasons why you may want to consider entering into a limited partnership to ultimately make retirement and time freedom tangible for you. Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi Learn more about your ad choices. Visit megaphone.fm/adchoi...
Jul 29, 2021•25 min•Season 1Ep. 2522
Henry Washington spent most of his young adult life with little to no savings and less than great credit, until one day he realized he didn’t have the means to fund his future. When he decided to buy his first rental he found out he was $19k short, so he got creative. Henry talks about how he bought that property with no money down, and his step by step process for getting better financing today. Henry Washington Real Estate Background: Owner of Independence Realty Group 3.5 years of investing e...
Jul 28, 2021•23 min•Season 1Ep. 2521
After 15 years in the industry, building a successful business wasn’t an obstacle for Cody Sperber. Once he perfected his marketing and became a “transactional engineer”, he realized it was best to focus on his strengths and outsource/delegate/delete the rest. In this episode, Cody talks about how his mindset shift led to making even more money, without just focusing on cash flow and profit. Cody Sperber Real Estate Background: Founder & CEO of the Clever Investor, LLC 15 years of real estat...
Jul 27, 2021•31 min•Season 1Ep. 2520
Anthony Vicino got involved in real estate as a college student with his roommate and his dad, although he quickly realised sometimes it’s best to keep work and play separate. Anthony emphasizes the importance of cultivating and preserving relationships in the industry by adding unique value. He discusses some hard lessons learned while working with investors, and how to ensure a committed investor every time. Anthony Vicino Real Estate Background: Full-time investor/entrepreneur Co-Founding Par...
Jul 26, 2021•26 min•Season 1Ep. 2519
While spending 5 years as an aerospace engineer, Ali Boone put any time and energy she could into leaving her corporate job. Now, she’s training others how to hack their minds before hacking their wallets in her new book “Not Your How-To-Guide to Real Estate Investing.” Today, she’s sharing specific hacks for saving time, money, and your sanity. Ali Boone Real Estate Background: Owner of Hipster investments, focus on helping investors purchase turnkey and off-market rental properties Current por...
Jul 25, 2021•32 min•Season 1Ep. 2518
After a near-death experience due to being overworked, Trevor Mauch realized he needed to focus on more energy-enriching business practices. Like many business owners, he created his business to give him freedom, impact, and grow his finances, but instead it trapped him into an endless cycle of constant grind. Trevor talks about how he honed in on his motivation and overcame burnout by working less and ultimately making more. Trevor Mauch Real Estate Background: CEO and Founder at Carrot.com, he...
Jul 24, 2021•39 min•Season 1Ep. 2517
Today, we’re deep diving into speaking with investors, coming from the perspective of Investor Relation Manager, Ted Greene. Ted gives us his tips for communicating with new investors as well as continuing the conversation with his current investors. He even clues us in on his overall process from first contact with a new investor, to when they actually decide to invest. Ted Greene Real Estate Background: Investor Relations Manager at Spartan Investment Group 20+ years of real estate experience ...
Jul 23, 2021•26 min•Season 1Ep. 2516
In this episode of the Actively Passive Investing Show, Travis Watts lays out the top 5 best tips for good investor relations. He discusses one of the main pieces of information syndicators don’t talk about (and why you should), how to be more attractive to investors online, and what you need to be doing before going out and raising capital. Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi Learn more about your ad choices. Visit meg...
Jul 22, 2021•19 min•Season 1Ep. 2515
When Stephanie transitioned into multifamily, she may not have expected her first syndication to be a fraternity house in Colorado. Although, she’s an expert in trying new investments that are out of her comfort zone. Since then, she’s added retail, apartments, and soon, development for multi-million dollar homes all in different markets. She talks about her biggest challenges, where she’s found the greatest return on investment, as well as her exit strategy. Stephanie Walter Real Estate Backgro...
Jul 21, 2021•30 min•Season 1Ep. 2514
Franklin Spees wasn’t new to the property management game when he and his wife decided to start a company of their own soon out of college. Fast forward to today, he’s working on developing 74 2,000 square-foot commercial units. Tune in to learn about the 4-step process to effective condo conversions, how to successfully pre-lease before construction is even completed, and why land ownership may be your next business venture. Franklin Spees Real Estate Background: CA licensed broker, attorney, c...
Jul 20, 2021•36 min•Season 1Ep. 2513
When Ruben Izgelov went to a private lending conference, he had full intentions of finding better sources of capital for his own deals. He walked in as a fix & flipper and walked out as a hard money lender. Tune in to find out what lenders are looking for in investors, how to make the lending process easier, and what you need to make sure your lender is NOT doing. Ruben Izgelov & Andrew Schnissel Real Estate Background: Co-Founder/Managing Partner, Ruben Izgelov and Partner, Andrew Schni...
Jul 19, 2021•27 min•Season 1Ep. 2512
In this episode of “Best of Best Ever” we talk about how to select the best markets to invest in. Marco Santarelli talks about the key items to look at when choosing a good market, as well as how to avoid overpriced, bubble markets. Brent Maxwell teaches us the tell tale sign to identify up and coming markets by studying single-family trends. Lastly, Adiel Gorel shares his secrets for selecting the best markets for landlords using his research on demographics. Marco Santarelli Founder of Norada ...
Jul 18, 2021•24 min•Season 1Ep. 2511
After working in corporate America for 1 year, LA native Josh Gorokhovsky found his investing niche of built-to-rent real estate. Learning from a local developer as his mentor, he narrowed down his ideal buyer and got to work. Josh talks about scoring good deals on land, how to keep construction costs low, and cultivating a good team to keep construction running smoothly. Josh Gorokhovsky Real Estate Background: Runs Telos Properties which is a vertically integrated development firm 5 years of r...
Jul 17, 2021•29 min•Season 1Ep. 2510
Former gym owner, Nick Brown, bought his first investment property by finding and contacting the owner on Facebook. From then on out, he was dedicated to doing the nitty gritty side of investing to ultimately acquire 575 units today. Nick has a “get it done” mentality and talks about what he had to do to get there that others won’t do. Nick Brown Real Estate Background: Lawyer by trade but currently a full-time real estate investor 7 years of real estate experience Portfolio consists of 575 mult...
Jul 16, 2021•30 min•Season 1Ep. 2509
In this episode, Theo Hicks and Travis Watts talk about the key to being successful in real estate investing while also working a full-time job. They talk in detail about each investment strategy, analyzing how it fits into your lifestyle, and what they recommend investing in first. Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi Learn more about your ad choices. Visit megaphone.fm/adchoices...
Jul 15, 2021•32 min•Season 1Ep. 2508
Matt Drouin had an “aha” moment when he decided he was simply not going to participate in the college/debt/job cycle. He started with a 4-unit house hack and ultimately hit financial independence by age 33. Matt talks about how reaching his financial goal didn’t give him the euphoria he thought it would, and how he reinvented himself using the 10x rule . Matt Drouin (Drew-in) Real Estate Background: Partner at OakGrove Companies 14 years of real estate experience Oakgrove currently owns 117 unit...
Jul 14, 2021•23 min•Season 1Ep. 2507
After realizing he had little control in the stock market, Brian Wagers quickly moved to real estate investing. Brian talks about how he manufactured deals by driving around his neighborhood, while simultaneously building relationships with brokers, and how this ultimately led to his 425 units today. Brian Wagers Real Estate Background: Currently working full-time in sales 4 years of real estate investing experience with 3 in multi-family Portfolio consist of 425 units Based in Rogers, AR Say hi...
Jul 13, 2021•24 min•Season 1Ep. 2506
After former construction worker, Shane Torres, filed bankruptcy in 2012, he immediately turned around and opened his own real estate office that same year. Today he is actively and passively investing, focusing on the retail space. Shane shares his 6 qualifications for choosing the best locations, the type of tenants he gets to ensure success, and the reason he’ll never borrow from large lenders. Shane Torres Real Estate Background: CEO & Founder of Road to $20 Million 12 years passive REI ...
Jul 12, 2021•30 min•Season 1Ep. 2505
In this episode of “Best of Best Ever” we dive into the three stages of creating a successful team. Danny Coleman talks about his 4-step hiring process for attracting the highest quality candidates. Shawn Casemore tells us his secret for developing your current team by balancing the focus on business and people. Lastly, Rich Fettke discusses the importance of building and managing a strong team, as well as tips for creating connection and organization in a remote team. Danny Coleman Has a passio...
Jul 11, 2021•46 min•Season 1Ep. 2504
After getting his law degree and opening his own law firm, Seth Bradley decided to pivot into passive investing through syndications. Listen to learn how Seth used his law degree to get his foot in the door with investing, how he was able to add value to GPs with little real estate experience, and his expert opinion for anyone that might be on the fence about further education. Seth Bradley Real Estate Background: Real estate attorney and founder of Law Capital Partners 8 years of real estate ex...
Jul 10, 2021•23 min•Season 1Ep. 2503
After losing $40k in a mixed use commercial property, Kevin McGrath decided to move into the industrial real estate industry. Kevin talks about how he got started in industrial investing, the pros and cons of single tenant vs.the more risky multitenant industrial net leases, and why he chose the industrial investing industry over multifamily. Kevin McGrath Real Estate Background: Principal with Cardinal Industrial Started investing in 2005 Invest in both Industrial real estate and multifamily pr...
Jul 09, 2021•23 min•Season 1Ep. 2502
