Who makes the decisions in a family-run business? What metrics are used to evaluate the CEO? What kind of challenges do they face? Daniel N. Farber helps answer all these questions in today’s episode by pulling back the curtain on what being a CEO for this type of investing firm is like. From what his KPIs are to who he reports to, Daniel gives the Best Ever listeners an insider look at how this multi-generational real estate investment firm is run. Daniel N. Farber Real Estate Background CEO of...
Dec 06, 2021•26 min•Season 1Ep. 2652
Rick Martin caught the investing bug when he rented out his first house in 1998, helping to pay for film school. Rick continued to make deals while maintaining a full-time job, and just recently switched to syndicating full-time. From making good deals to choosing good partners, Rick reveals the most important lessons he’s learned over his 20+ years of CREI, including three things you can do to weather any storm as a syndicator. Rick Martin Real Estate Background Been involved in real estate sin...
Dec 05, 2021•26 min•Season 1Ep. 2651
During his senior year of college, Braeden Windham wasn’t sure what he wanted to do with his career. It wasn’t until he met his future partner at an event that he found direction. Handed a pile of books and a list of podcasts about CREI by his partner, Braeden spent the rest of the semester studying real estate investing and syndication. Fast forward a year and a half, and now Braeden is the Founding Partner of multifamily investment firm Well Capital. In this episode, Braeden talks about how cl...
Dec 04, 2021•21 min•Season 1Ep. 2650
It can be a struggle trying to break into commercial real estate investing when you have a full-time job that occupies most of your schedule. How do you even find the time to dive in, let alone keep up with your investments? Jaideep Balekar was in a similar situation when he started actively investing while working full-time as a cybersecurity consultant. In this episode, he shares his advice on how to navigate and persevere through these challenges. Jaideep Balekar Real Estate Background Works ...
Dec 03, 2021•35 min•Season 1Ep. 2649
What does “rich” mean to you? When you picture a rich person, do you imagine yachts, tropical vacations, or a lavish collection of sports cars? In this episode, Travis Watts provides a different perspective on what being rich really means in terms of having to work vs. choosing to work, freedom of time, and freedom of location. Check out past episodes of the Actively Passive Investing Show here: bit.ly/ActivelyPassiveInvestingShow. Click here to know more about our sponsors: Deal Maker Mentoring...
Dec 02, 2021•33 min•Season 1Ep. 2648
Steff Boldrini took her car wash portfolio, originally valued around $2-3M, and almost doubled its value to $4-5M in just one year. From adding credit card machines to creating subscriptions, Steff used tech to level-up her properties with a 46 percent cash on cash return. In this episode, Steff shares the wins and obstacles she’s faced managing three car washes and one storage unit, and the tech secrets that got her where she is today. Steff Boldrini’s Real Estate Background Full time, active r...
Dec 01, 2021•25 min•Season 1Ep. 2647
Hayden Harrington was tired of the meet-ups he kept attending. They were usually hosted in crowded, hard to hear areas where it was difficult to effectively network with people. That’s when he decided to create his own, unique events. In this episode, Hayden shares how he broke from tradition and created a successful in-person and online networking group. Hayden Harrington Real Estate Background Real estate entrepreneur focused on large-scale multifamily syndications Currently has $30MM AUM and ...
Nov 30, 2021•27 min•Season 1Ep. 2646
When he set out to make his first deal on a 472 house subdivision, Joe Marques--better known as Cowboy Joe--thought he’d selected the right team for the development. As it turned out, the group was using him with the end result costing him $41,000,000. Today, Cowboy Joe shares with us how that first deal actually set him up for success, discussing the importance of building good relationships and how your self-worth affects your net worth. Cowboy Joe Marques Real Estate Background Invested in nu...
Nov 29, 2021•30 min•Season 1Ep. 2645
Jerome Maldonado was nearing the end of his retail center construction and about to start developing office condos when the 2008 recession hit. Overnight, his bank stopped all funding, leaving him without the remaining $300,000 needed to complete the project. Jerome takes us through his journey of navigating the recession and how he managed to pull through and succeed with his property. Jerome Maldonado Real Estate Background Full-time Commercial Real Estate Investor 20+ years of experience Port...
Nov 28, 2021•27 min•Season 1Ep. 2644
Starting off on your first deal can be daunting. How big of a deal should you aim for? How do you build a good team? Where can you find a good network? Host Joe Fairless and guest Michael Blank share their top five secrets to closing your first deal. Michael Blank Real Estate Background Entrepreneur and Investor Helped investors purchase over 9,500 units valued at $445M through his training programs As CEO of Nighthawk Equity, he controls over $200M in performing multifamily assets Based in Atla...
Nov 27, 2021•29 min•Season 1Ep. 2643
During the 2008 recession, David Kislin’s bank that handled his construction loan filed for bankruptcy. Fearful for the future, his partners backed out of the project, causing David to lose half of his equity on the deal, totaling around $6 million. From lessons learned on relying too much on investors to the time saved on more granular deals, today David shares why he believes smaller deals can be smarter deals. David Kislin Real Estate Background Full time commercial real estate investor since...
Nov 26, 2021•31 min•Season 1Ep. 2642
“What mistakes did you make in your career that I should be on the lookout for as a new passive investor?” Travis Watts answers this listener question by sharing four mistakes he made starting out as a passive investor that you can learn from: Location, location, location: You cannot overcome a bad area with good management. Understand that management is key. Make sure you understand the underwriting. Don’t do a deal just for tax reasons or because you see a lucrative fee split structure. Want a...
Nov 25, 2021•23 min•Season 1Ep. 2641
In less than six months, and without a social media team, Carlos Reinoso went from 200 to 5,000 connections on Facebook, a growing online network that eventually helped him score an equity partnership over 240 units. In this episode, Carlos shares his best tips on how to grow your online presence, leverage your network to meet investors, and how your social media accounts can lead to big deals. Carlos Reinoso Real Estate Background Full time realtor and investor, and recently became General Part...
Nov 24, 2021•35 min•Season 1Ep. 2640
Growing up, Van Sturgeon witnessed firsthand how his parents saved their rental property during a rough economic period through the use of meticulous budgeting and planning. Now, as an entrepreneur with over thirty years of real estate experience, Van uses this knowledge to help people overcome their fears of renovating and rehabbing by helping them break down the details and costs of their project. In this episode, Van shares his best tips for finding good renovation properties and how to creat...
Nov 23, 2021•26 min•Season 1Ep. 2639
Steve White never thought he would be investing in real estate. That is, until he found a deal that he couldn’t ignore. Steve is sharing his tenant screening guidelines, how he guarantees tenants before buying the building, and which pandemic-proof tenants performed well last year and continue to do so today. Steve White Real Estate Background: Landlord, Real Estate Investor, RentPrep CEO - a company connecting tenants with landlords serving over 150,000 landlords and 2 million tenant screenings...
Nov 22, 2021•29 min•Season 1Ep. 2638
Ted Greene joins Ash Patel in a discussion of institutional purchases, interest rates, and inflation. Ted shares his earned scar tissue of being sued for $68M and losing money on a personal venture - and how you can position yourself for an impactful retirement. Article mentioned: Buy with Conviction Ted Greene Real Estate Background: Investor Relations Manager at Spartan Investment Group 20+ years of real estate experience Portfolio consists of 14 properties, 10 of which have gone full cycle Ba...
Nov 21, 2021•26 min
Are the general practices of general contractors just unsavory? In Joe’s experience, the contractor on his $10M project tried to take advantage every opportunity he could get and with hundreds of thousands of dollars being added, Joe had to find a way to make it work. Listen to Joe and Ash discuss enforcing a contract and penalties, working together with an enemy for a year, and how to get accurate references. Joe DiSanto Real Estate Background: Works part-time as a fractional CFO for 6 companie...
Nov 20, 2021•44 min
When Tracy Hubbard went bankrupt in 1998 after a business went south, he started learning how to get into hard assets, instead. That’s when real estate came into the picture. Today, Tracy is sharing how bankruptcy made him a better businessman, why he looked into multifamily first, and his number one piece of advice for closing off-market deals. Tracy Hubbard Real Estate Background: Full time multifamily syndicator and asset manager, along with agricultural syndications and ranching Current port...
Nov 19, 2021•25 min•Season 1Ep. 2635
In today’s episode of the Actively Passive Investing Show, Travis discusses the deciding factors of whether real estate is currently expensive or cheap. He talks about what metrics we are using to measure and compare real estate today, how has the dollar devalued overtime and how this inflation affects the market, and what new evaluations we use today that we may not have had 10 years ago. Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Lea...
Nov 18, 2021•28 min•Season 1Ep. 2634
After getting her start in real estate with several single family homes, Rebecca Moore decided she needed her investments under one roof. That’s when she made the switch into multifamily. Today, Rebecca is sharing how many deals she invested in before syndicating herself, her main focus when she bought her first deal, and her thoughts on profitability of all bills paid properties. Rebecca Moore Real Estate Background: Full time syndicator and clinical psychologist Currently passively investing i...
Nov 17, 2021•30 min•Season 1Ep. 2633
When Randy Smith started his investing journey, he thought single family, turnkey homes would help reach his goals of passive income. That’s until 1 year ago when he realized multifamily and limited partnerships were the key to low-stress income. Today, Randy is talking about the main questions he asks during his due diligence process, what surprised him about passive investing, and the biggest reason he decided to make the switch. Randy Smith Real Estate Background: Manager of Business Developm...
Nov 16, 2021•25 min•Season 1Ep. 2632
When Chris and Ashton Levarek got started in real estate in 2018, they quickly realized the benefits of scaling. But, they also quickly got burned by a property management company. Today, Chris and Ashton are giving their insight on vetting property managers and what questions to ask, what their biggest mistake was when hiring their first property manager, and how to become educated on a new asset and do your research before outsourcing. Ashton & Chris Levarek Real Estate Background: Chris, ...
Nov 15, 2021•29 min•Season 1Ep. 2631
Data obsessed, Neal Bawa, successfully created the super value add strategy to combine data and analytics with current trends to make the most informed future investing decisions. Today, Neal is talking about why real estate is the most inefficient asset, what he believes the future of real estate investing should be, and how Covid is altering current rent prices. Neal Bawa Real Estate Background: Previous episode # 1298 Real estate developer with a $500M portfolio of 22 projects in 10 states Ap...
Nov 14, 2021•40 min•Season 1Ep. 2630
Chris Pomerleau got his start in real estate with a single family flip that took over a year to complete. Now, he specializes in multifamily in 7 different states with over 2,500 units. Today, Chris is talking about keeping his long-term investors happy with clear communication, how to identify consistent markets, and advice for someone getting into commercial real estate without a proven track record. Chris Pomerleau Real Estate Background: Full time real estate investor 8 years of experience a...
Nov 13, 2021•26 min•Season 1Ep. 2629
With a background in technology, Tim Vest’s first step into real estate was land development. Now, he’s involved as a GP, LP, KP, in several multifamily syndications. Today, Tim is talking about the importance of having an exit strategy, why he became an LP before becoming a GP, and why he spent a whole year laying the groundwork before his first syndication. Tim Vest Real Estate Background: Full time Technology Manager for a large bank and investor Involved as a KP, GP and LP in multifamily syn...
Nov 12, 2021•27 min•Season 1Ep. 2628
In today’s episode of the Actively Passive Investing Show, Travis discusses how to identify your goals, and actually reach them through your investments in 5 steps. He talks about identifying lifestyle vs. financial goals, honing in on a strategy specific to those goals, and how to know which form of investing fits best with your ideal lifestyle. Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megapho...
Nov 11, 2021•25 min•Season 1Ep. 2627
Ruth Hiller is no novice when it comes to multifamily investing, as the 3rd generation of investors in her family. Now she’s syndicating her own deals all across the US. Ruth is discussing how she became an accidental businesswoman, investor tax benefits you may not know about, and how her mentorship program skyrocketed her success. Ruth Hiller Real Estate Background: Full time multifamily investor and syndicator Syndicator in one multifamily deal in Texas 143 doors, passively involved in 8 synd...
Nov 10, 2021•26 min•Season 1Ep. 2626
Nate Barger continues the conversation today on mindset, comfort zone, and goal setting. He’s talking about how selling drugs helped him learn how to scale his investments, the moment he realized he was over-leveraged, and how he made his way out of being nearly bankrupt. Nate Barger Real Estate Background: Full-time real estate investor 16 years experience Actively involved as Syndicator, Syndication, Apartment Owner, Hotel Owner, Warehouse, Office 1500+ current doors. Own over 100 million doll...
Nov 09, 2021•30 min•Season 1Ep. 2625
After spending time in prison for selling drugs, Nate Barger knew he had to switch gears. That’s when he found real estate and realized the mindset shift that had to take place in order to succeed. In this first episode of a two part series, Nate talks to us about how he created his own reality, transitioning from growing his assets to giving back, and the importance of goal setting for success. Nate Barger Real Estate Background: Full-time real estate investor 16 years experience Actively invol...
Nov 08, 2021•33 min•Season 1Ep. 2624
Serial entrepreneur, Gary Lipsky, started his entrepreneurial journey in college with a meal delivery service. Now, he has $41M of multifamily assets under management. Today, Gary is talking with us about the KPIs he uses for assets and employees, how to effectively manage your staff, and his favorite accountability tools to keep his team on track. Gary Lipsky Real Estate Background: Full-time, 19 yrs, active syndicator in multifamily GP on 4 properties, and an LP on another 7 properties $41MM A...
Nov 07, 2021•29 min•Season 1Ep. 2623
