Bonus Operations is a series hosted by apartment owner/operator and Best Ever Show host, Slocomb Reed. In each five- to ten-minute episode, Slocomb provides his top takes for executing your business plan and maintaining cash flow. In this episode, Slocomb breaks down how he approaches each stage of his six-point leasing process, from listing tips to batching showings, and how he distributes responsibilities across his team. Click here to learn more about our sponsors: MFIN CON Learn more about y...
Mar 06, 2023•19 min•Season 1Ep. 3105
Keith Nelson is the fund manager at Dual City Investments. In this episode, Keith discusses why he’s niche-agnostic, investing in everything from multifamily, to car washes, to self-storage — anything that pencils out. He also discusses the nuances of running an evergreen fund and the secrets to scaling an investment firm. Keith Nelson | Real Estate Background Fund Manager at Dual City Investments Portfolio: Most asset types in Investment Real Estate Based in: Greenville, SC Say hi to him at: Du...
Mar 05, 2023•23 min•Season 1Ep. 3104
Mike Roeder is the co-founder of Granite Towers Equity Group, which focuses on value-add properties in Dallas-Fort Worth and Nashville. In this episode, Mike discusses why he prefers the DFW and Nashville markets to the midwest, how low competition impacts negotiation strategy, and the state and trajectory of the multifamily market. Mike Roeder | Real Estate Background Co-founder of Granite Towers Equity Group Portfolio: 2,200+ multifamily units (≈$320M) Based in: Minneapolis, MN Say hi to him a...
Mar 04, 2023•24 min•Season 1Ep. 3103
Angela Healy is the CEO and owner of AvenueWest Managed Global Housing and AvenueWest Global Franchise. AvenueWest is a network of real estate agencies focused on fully furnished residential housing for corporations, delivering real estate investors a turnkey solution for property management. In this episode, Angela gives a comprehensive breakdown of the benefits of corporate housing, including the ideal locations, the properties corporations are paying top dollar for, and the variety of tenants...
Mar 03, 2023•28 min•Season 1Ep. 3102
Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor. Every passive investor begins their journey from a different starting point. Some start with limited capital and very little education — these are the newbies who are true beginners. Others ha...
Mar 02, 2023•21 min•Season 1Ep. 3101
Tom Higgins is a Managing Partner at Terra Capital, a real estate investment firm that rolls up mini-multis (2-15 units) through fund offerings into large, fully renovated, optimized cash-flowing portfolios of 100–200 units. He has leveraged his experience working at large institutional development companies to lead Terra's first-class operational and development professionals. In this episode, Tom discusses investing in mini-multis, including the benefits, the options it gives investors upon ex...
Mar 01, 2023•34 min•Season 1Ep. 3100
Jason Baik is a Managing Principal at Compounding Capital Group, a real estate investment firm that stabilizes value-add multifamily properties in Cincinnati, OH, and surrounding areas. A former corporate data scientist, in addition to being a general partner on 550+ multifamily units, he also teaches aspiring investors how to underwrite properly with the right pieces of data. In this episode, Jason discusses leveling up from residential to multifamily investing, the challenges of networking as ...
Feb 28, 2023•38 min•Season 1Ep. 3099
Mark Updegraff is the founder of Updegraff Group Realty Services, a suite of companies that broker, manage, and provide GC services, as well as Raze Capital, a commercial real estate syndication company. After getting laid off from his job making $70,000 a year in tech, a poor experience with a realtor prompted him to become a real estate broker. From there, he began purchasing distressed assets, eventually scaling into larger assets, including multifamily syndicating. In this episode, Mark disc...
Feb 27, 2023•26 min•Season 1Ep. 3098
Matt Jones is the CEO of Hawkwing Capital, which invests passively and raises capital from other investors for solid deals with proven sponsors. In this episode, Matt discusses how he went from house-hacking a triplex to becoming an LP and eventually raising capital for his own deals, including how to build relationships through problem-solving, how to communicate with investors when plans and projections change, and why starting as an LP is a great way to get started in syndications. Matt Jones...
Feb 26, 2023•35 min•Season 1Ep. 3097
John Warren is the President at Forte Properties, Inc., a top-performing real estate brokerage that specializes in selling real estate in the one- to four-unit space and acquiring value-add apartment buildings. In this episode, John discusses the nuances of investing in Chicago, Ill., and takes us inside the day-to-day operations of managing a 154-unit multifamily portfolio. John Warren | Real Estate Background President at Forte Properties, Inc. Portfolio: 154 units Based in: Chicago, IL Say hi...
Feb 25, 2023•26 min•Season 1Ep. 3096
Abbas Mohammed is the CEO and founder of Model Equity, a multifamily real estate investment firm with a focus on properties in the Dallas-Fort Worth area. He started in the residential space as an agent at 18 years old before going all-in on multifamily real estate investing. In this episode, Abbas discusses hiring and utilizing virtual assistants, the gap between seller and buyer expectations in today’s market, and the importance of choosing the right market and right properties above all else....
Feb 24, 2023•31 min•Season 1Ep. 3095
Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor. We’re taught to invest in the stock market, hold for the long term, diversify in index funds and mutual funds, etc. — convictions that perpetuate the “buy, hold, and pray” mindset. In this epi...
Feb 23, 2023•13 min•Season 1Ep. 3094
Carrie Cook is the President of Ignite Funding. With over 15 years of experience in private lending, Carrie has funded over $1.5B and is committed to continued growth and preservation of investor capital. In this episode, Carrie discusses her underwriting process, structuring investor-friendly terms, and the benefits of investing in a trustee vs. a fund. Carrie Cook | Real Estate Background President of Ignite Funding with over 15 years of experience in private lending. Licensed mortgage broker ...
Feb 22, 2023•40 min•Season 1Ep. 3093
Garrett Sutton is an attorney and the founder of Corporate Direct, which helps entrepreneurs and investors protect their assets, maintain privacy, and reach their financial goals. He’s also a best-selling author and one of Robert Kiyosaki's Rich Dad Advisors. In this episode, Garrett discusses LLCs — why real estate investors need them, how and why they vary from state to state, and the benefits of having your LLC taxed as an S-corp. He also compares CRE investing to a new market into which he’s...
Feb 21, 2023•25 min•Season 1Ep. 3092
Daniel Weisfield is a third-generation mobile home park investor and the co-founder of Three Pillar Communities, which is now a Top 30 mobile home park owner in the U.S. with roughly a $500 million portfolio made up of 65 communities in 11 states. In this episode, Daniel discusses the changing stigma of manufactured homes, the myth that a mobile home is a depreciating asset, and the challenges of developing mobile home parks. Take a look at Daniel's latest community, Cameron Crossing in Bozeman,...
Feb 20, 2023•32 min•Season 1Ep. 3091
Whitney Elkins-Hutten is the Director of Investor Education at passiveInvesting.com, which builds passive income and equity for investors through low-risk real estate investments in the hottest U.S. real estate markets. Her current focus is helping investors understand the power of investing in car washes, self-storage, and other institutional-grade assets so they can create massive leverage in their life and partake in the cash flow, equity, and capital preservation that real estate has to offe...
Feb 19, 2023•22 min•Season 1Ep. 3090
Dr. Adam Gower is the founder of GowerCrowd, which builds real estate crowdfunding platforms for sponsors, serving as a digital marketing agency to major syndicators and professional investors. He calls it “building shovels for the gold miners.” Using the GowerCrowd Investor Acquisition System, investors have raised more than $300 million in capital to date. In this episode, Dr. Gower discusses why there could be more multifamily deals in the near future, the (subtle) differences between syndica...
Feb 18, 2023•29 min•Season 1Ep. 3089
Pete Montgomery is a Broker of Retail Development at CMC Properties, which has owned and managed thousands of apartments, offices, and retail stores. When CMC selects a site that it’s going to build on, Pete prospects for potential commercial tenants. In this episode, Pete discusses mixed-use development, taking calculated risks in up-and-coming markets, and what he looks for when identifying the next downtown hot spot. Pete Montgomery | Real Estate Background Broker of Retail Development at CMC...
Feb 17, 2023•23 min•Season 1Ep. 3088
Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor. The average American grosses $60,000 in wages. At a standard 4% annual increase, it would take someone 18 years to double their income from $60,000 to $120,000. In this episode, Travis explain...
Feb 16, 2023•14 min•Season 1Ep. 3087
Jack Krupey is the founder and principal at JK Asset Management, a firm focused on sharing private investment opportunities with accredited investors to help them grow their wealth without Wall Street. From working with a private equity fund on Wall Street during the 2008 crash to discovering and falling in love with syndications, Jack has been investing in both real estate and distressed debt since 2001. In this episode, Jack discusses the state of the multifamily market, as well as cash-flow a...
Feb 15, 2023•24 min•Season 1Ep. 3086
Alfredo Riascos is a commercial real estate broker and owner of Gridline Properties, a full-service CRE brokerage that represents commercial property owners in the sale, leasing, and disposition of their properties. He focuses on repositioning outdated warehouse spaces in South Florida. In this episode, Alfredo discusses urban core warehousing, the opportunity within and benefits of repositioning these properties, and why it presents a strategy that can be replicated in markets across the U.S. H...
Feb 14, 2023•35 min•Season 1Ep. 3085
Matt Ryan is a real estate entrepreneur and the founder of Re-viv , a private equity company focused on funding co-living spaces. A returning guest on the Best Ever Show ( JF1593 and JF2322 ), Matt is currently developing co-living, rent-by-bedroom spaces in Sacramento and Denver. In this episode, Matt discusses how he got started in the co-living niche, including the increasing demand for co-living spaces with 45 million Gen Z workers hitting the market in the next decade. He also details the b...
Feb 13, 2023•29 min•Season 1Ep. 3084
Amanda Cruise is the owner of Voyage Investing, which purchases value-add mobile home parks and commercial properties. In this episode, she discusses the perks of investing in mobile home parks over other asset classes, how she markets herself and adds value to others, and why she believes interest rates will lower in 2024. Amanda Cruise | Real Estate Background Owner of Voyage Investing, which purchases value-add mobile home parks and commercial properties. Portfolio: GP of: Four mobile home pa...
Feb 12, 2023•29 min•Season 1Ep. 3083
Max Browne is a commercial real estate broker primarily focusing on office tenants at Kennedy Wilson Properties. In this episode, Max shares what types of office tenants are currently moving to LA, how the increasing popularity of hybrid work schedules is impacting this asset class, and which amenities are achieving the highest level of success for office landlords in Los Angeles. Max Browne | Real Estate Background Commercial real estate broker primarily focusing on office tenants at Kennedy Wi...
Feb 11, 2023•27 min•Season 1Ep. 3082
Mathew Owens is a CPA and the owner of OCG Properties, which helps clients attain financial freedom by providing support, education, and cash flow real estate investment opportunities. In this episode, Mathew tells us what up-and-coming commercial real estate investors need to know in order to scale their businesses, and the biggest mistakes he typically sees new investors make. Mathew Owens | Real Estate Background CPA and owner of OCG Properties, which helps clients attain financial freedom by...
Feb 10, 2023•30 min•Season 1Ep. 3081
Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor. In this episode, Travis outlines the top questions investors should ask themselves and the operator of a deal before making an investment in a real estate private placement or syndication. 10 ...
Feb 09, 2023•17 min•Season 1Ep. 3080
Brian Green is the owner/operator at Green Springs Capital Group, which develops and redevelops multifamily properties. In this episode, Brian discusses starting his own property management company, how his value-add projects quickly led to development & redevelopment, and why he focuses on projects in Upstate New York. Brian Green | Real Estate Background Owner/operator at Green Springs Capital Group, which develops and redevelops multifamily properties. Portfolio: 110 units, including five...
Feb 08, 2023•32 min•Season 1Ep. 3079
Mike Kaeding is the CEO of Norhart, which is committed to solving America’s housing shortage and affordability crisis. In this episode, Mike shares how Norhart plans to strategically drive down the cost of housing on a national level, his advice for bringing trades and expertise in-house, and the importance of building the right company culture. Mike Kaeding | Real Estate Background CEO of Norhart, which is committed to solving America’s housing shortage and affordability crisis. Portfolio: 12 p...
Feb 07, 2023•25 min•Season 1Ep. 3078
Matthew Burk is the CEO of two companies: Fairway America, a CRE investment fund manager; and Verivest, a CRE software, advisory, and service provider. In this episode, Matthew tells us the biggest mistakes he sees investors make when setting up a fund, how Verivest is working to automate the fund setup process, and why he plans to focus heavily on asset management in 2023. Matthew Burk | Real Estate Background CEO of Fairway America, a CRE investment fund manager. CEO of Verivest, a CRE softwar...
Feb 06, 2023•27 min•Season 1Ep. 3077
Edwin Byler is a broker and investor at KW Commercial, where he finds off-market deals and either buys or brokers them. In this episode, Edwin discusses how he is currently generating off-market leads, the number of cold calls it typically takes him to land a deal, and why he believes that timing is more important than continual follow-up. Edwin Byler | Real Estate Background Broker and investor at KW Commercial, where he finds off-market deals and either buys or brokers them. Portfolio: 60 unit...
Feb 05, 2023•24 min•Season 1Ep. 3076