Patrick Grims is the CEO of Invest on Main Street, which allows investors to passively invest in syndications for alternative assets. In this episode, Patrick shares his whirlwind journey from high-tech engineer to real estate investor, which includes losing everything in the 2008 housing crisis. He also shares the importance of learning to trust others and educating investors on the history of market cycles. Patrick Grimes | Real Estate Background CEO of Invest on Main Street Portfolio: $647 mi...
Jul 04, 2023•39 min•Season 1Ep. 3225
Marc Rutzen is the CEO of HelloData.ai, a platform that automates the due diligence process for real estate investors. In this episode, Marc discusses the disruption potential AI has in the real estate industry and how HelloData.ai works to mitigate the mundane and manual tasks associated with the due diligence process of real estate investing. Marc Rutzen | Real Estate Background CEO of HelloData.ai Based in: Chicago Say hi to him at: LinkedIn hellodata.ai Best Ever Book: The Innovation Stack b...
Jul 03, 2023•29 min•Season 1Ep. 3224
Kyle Stevie is the co-founder of Sparen Capital, a concierge-style realty service that buys and sells properties through market-driven data analytics and a deep understanding of client needs. In this episode, Kyle takes a deep dive into a deal he spearheaded in 2020 to renovate and stabilize a historic building from 1908. He shares the construction timeline, the unique loan structure, and the one renovation that set the project back nearly a year. Kyle Stevie | Real Estate Background Co-founder ...
Jul 02, 2023•30 min•Season 1Ep. 3223
Kyle Root is the founder of Empire Estates and KJ Coaching. He owns 68 units of single-family and small multifamily properties in the Green Bay and Milwaukee areas. In this episode, Kyle shares his strategy for scaling a residential portfolio, which preserves cash flow and allows him to “trade up” to newer properties. Kyle also shares the journey of starting his own construction company and the advice he has for other operators looking to bring those services in-house. Kyle Root | Real Estate Ba...
Jul 01, 2023•33 min•Season 1Ep. 3222
Anjesh Dubey is the co-founder of Dubey Investor Group, which helps high-income professionals to learn about passive investing and diversifying their portfolio. He is also a software engineer with 14 years of experience leading global teams. In this episode, Anjesh shares his journey from investing in single family homes in the Bay Area to multifamily syndications and the power of utilizing economies of scale and capital. He also discusses the two questions he would ask general partners before i...
Jun 30, 2023•28 min•Season 1Ep. 3221
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 discusses whether you can make money in an economic environment where interest rates are higher than cap rates. Does it make sense to pay more for your debt than the pr...
Jun 29, 2023•13 min•Season 1Ep. 3220
David Lecko is the CEO of DealMachine, an app designed to help real estate investors and professionals streamline and automate the process of finding and contacting property owners. In this episode, David discusses the pain points he encountered as an investor that inspired him to create DealMachine, how AI is revolutionizing the world of real estate investing, and three practical steps you can take today to incorporate AI into your life. David Lecko | Real Estate Background CEO of DealMachine P...
Jun 28, 2023•28 min•Season 1Ep. 3219
Brett Swarts is the founder of Capital Gains Tax Solutions, which helps investors pursue their financial goals while navigating the exit of their highly appreciated assets and solving their capital gains tax challenges. In this episode, Brett explains how deferred sales trusts work as an alternative to 1031 exchanges, deferring capital gains taxes while still allowing investors access to the cash from their property sale. Brett Swarts | Real Estate Background Founder of Capital Gains Tax Solutio...
Jun 27, 2023•33 min•Season 1Ep. 3218
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 introduces the '200 unit months of operation' concept to predict when a rental property portfolio stabilizes. It emphasizes long-term planning, particularly for small landlords, and discusses the influence of vacancy rates on net operating inco...
Jun 26, 2023•12 min•Season 1Ep. 3217
Tim Donofrio is the owner of Allocated Assets, a CRE investment and commercial property management company that works through word of mouth. In this episode, Tim discusses his theories on why property management companies have such a bad reputation, what investors should do to properly vet property managers, and how his company succeeds despite doing no formal marketing. Tim Donofrio | Real Estate Background Owner of Allocated Assets Portfolio: Minority stake across multiple properties Based in:...
Jun 25, 2023•39 min•Season 1Ep. 3216
Nathan Walldorf is a multifamily property investor with Walldorf Capital Ventures, which buys class B and C, value-add apartment buildings of 100-plus units. In this episode, Nathan discusses the underwriting guidelines keeping their deals ahead of projections, the biggest challenges they’ve faced in the Dallas market this year, and how they are dealing with properties under bridge loans. Nathan Walldorf | Real Estate Background Multifamily property investor with Walldorf Capital Ventures Portfo...
Jun 24, 2023•21 min•Season 1Ep. 3215
Rod Khleif is the director of Lifetime CashFlow Academy, host of the Lifetime Cashflow Through Real Estate Investing Podcast, and director of acquisitions for CRE Equity Capital. In this episode, Rod talks about how investors can prepare themselves for what’s possibly to come in the next 12 months, what he learned from losing $50 million in the Great Recession, and why he believes we could be headed into the greatest real estate opportunities of our lifetime. Rod Khleif | Real Estate Background ...
Jun 23, 2023•35 min•Season 1Ep. 3214
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 discusses the ins and outs of working with a financial advisor and understanding their various fee structures. He shares the dangers of using a percentage-based fee and...
Jun 22, 2023•13 min•Season 1Ep. 3213
Patrick Roberts is a business broker and attorney at HedgeStone Business Advisors, a full-service firm specializing in real estate, businesses, mergers, and acquisitions. In this episode, Patrick shares his strategies for investing in car washes, an undervalued asset class that delivers high returns for minimum operational involvement. Patrick Roberts | Real Estate Background Business broker and attorney at HedgeStone Business Advisors Portfolio: Five car washes One commercial office building Tw...
Jun 21, 2023•30 min•Season 1Ep. 3212
The Beyond Multifamily series is hosted by non-residential commercial real estate investor and Best Ever Show host, Ash Patel. Ash’s goal for this series is to introduce you to the world of non-residential commercial real estate investing and teach you how to look at and underwrite different commercial asset classes. In this podcast episode, the Ash Patel discusses the state of the economy and real estate. He mentions concerns about banking collapses and the need for diversification. Additionall...
Jun 20, 2023•27 min•Season 1Ep. 3211
Will Matheson is the co-founder and managing partner at Matheson Capital, a South Carolina-based real estate investment firm that focuses on multifamily and student housing. In this episode, Will shares the “Matheson Method” for growing into apartment investing as a new investor, including five things not to do. He also discusses the benefits of investing in student housing and how to select the best properties in that asset class. Will Matheson | Real Estate Background Co-founder and managing p...
Jun 19, 2023•26 min•Season 1Ep. 3210
Reed Goossens is a multifamily syndicator, podcast host, and owner/founder of RSN Property Group, a full-service multifamily investment company that buys assets across select MSAs in the U.S. In this episode, Reed shares his strategy for acquiring $100 million in assets over the past 12 months and how he is solving for affordability in high real estate tax states. Reed Goossens | Real Estate Background Multifamily syndicator, podcast host, and owner/founder of RSN Property Group Portfolio: $685M...
Jun 18, 2023•25 min•Season 1Ep. 3209
Zach Haptonstall is the CEO and co-founder of Rise48 Equity, a real estate investment services firm that focuses on multifamily syndication. In this episode, Zach discusses why Rise48 continues to underwrite five to ten deals a week despite only penciling a fraction of them and how his company was able to build a $1.4 billion portfolio by controlling various aspects of the value-add supply chain. Zach Haptonstall | Real Estate Background CEO and co-founder of Rise48 Equity Portfolio: $1.4B in AU...
Jun 17, 2023•33 min•Season 1Ep. 3210
Culby Culbertson is the founder of Culbertson Holdings. He has $20 million in assets under management, including multifamily, self-storage, boat storage, and single-family rentals. In this episode, Culby discusses what his day job as a mortgage broker has taught him about commercial real estate, how he approaches investor cold calls, and how he stress tests his investment deals. Culby Culbertson | Real Estate Background Founder of Culbertson Holdings Portfolio: $20M in AUM Multifamily Self-stora...
Jun 16, 2023•34 min•Season 1Ep. 3207
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 discusses his strategy for managing a portfolio of investments: the 8% rule. This is similar to the 4% rule many people live by who invest in the stock market, which sa...
Jun 15, 2023•9 min•Season 1Ep. 3206
Blake Leavitt is a multifamily and commercial broker at KW Commercial. In this episode, Blake shares the marketing tactics he uses to get in front of buyers and sellers at the optimal time. He also shares how he is overcoming a 90% drop in his market’s sales volume in the past year and how he identifies which properties are likely to sell in the near future. Blake Leavitt | Real Estate Background Director, Multifamily and Commercial Broker at KW Commercial Portfolio: Principal of a 48-unit prope...
Jun 14, 2023•18 min•Season 1Ep. 3205
Christopher Stout is the principal at StoutCap, which acquires high-performing assets in growing Southern markets. In this episode, Christopher discusses how he leveraged his experience in construction to garner success in value-add multifamily investing. He also shares the biggest struggles he’s encountered operating in a landlord-unfriendly market as well as advice for investors looking to get into development or bring construction in-house. Christopher Stout | Real Estate Background Principal...
Jun 13, 2023•28 min•Season 1Ep. 3204
Raphael Collazo is a commercial real estate specialist at Grisanti Group, which helps business owners and investors buy, sell, and lease commercial real estate. In this episode, Raphael discusses his path from software engineer to commercial real estate broker. He also dispels retail real estate myths, shares trends in the industrial and storage spaces, and reveals why the mixed-use asset class is one of his favorites. Raphael Collazo | Real Estate Background Commercial real estate specialist at...
Jun 12, 2023•38 min•Season 1Ep. 3203
Cameron Pimm is the co-founder and principal of UrbanLandings, which purchases and repositions apartments in Atlanta and surrounding metros. In this episode, Cameron discusses his journey from financial advisor to real estate investor, how UrbanLandings has managed 10 years of successful deals, and the focus of their latest fund. Cameron Pimm | Real Estate Background Co-founder and principal of UrbanLandings Portfolio: 2,000 units (done $750MM in deals currently $450MM in AUM) Based in: Atlanta,...
Jun 11, 2023•24 min•Season 1Ep. 3202
Jeff Greenberg is the CEO of Synergetic Investment Group, which acquires multifamily assets in emerging domestic markets. In this episode, Jeff discusses his decision to transition away from being a syndicator to a capital raiser. He also shares insights on investor relations and the benefits of managing and investing in a customizable fund. Jeff Greenburg | Real Estate Background CEO of Synergetic Investment Group Portfolio: 1,300+ multifamily units 60+ short-term rental units Bitcoin miners Ba...
Jun 10, 2023•32 min•Season 1Ep. 3201
Chris Linger is a multifamily syndicator at Up Plex Capital, making it attainable for investors to invest in wealth-building assets with confidence. In this episode, Chris discusses how Up Plex is preparing for a constantly changing real estate landscape to best protect investors and how they were able to double the size of their deals by finding quality partnerships. Chris Linger | Real Estate Background Multifamily syndicator at Up Plex Capital Portfolio: Current portfolio is $300MM, GP in alm...
Jun 09, 2023•27 min•Season 1Ep. 3200
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. 68% of the world’s richest people are self-made. Frugality certainly has its place in any financial strategy, but how can it help you achieve your goals? In this episode, Travis discusses the ...
Jun 08, 2023•12 min•Season 1Ep. 3199
Stuart Gethner is the president of Gethner Education & Consulting, which finds, funds, and manages off-market properties with double-digit returns for investors. In this episode, Stuart discusses his business plan for value-add multifamily properties with the goal of creating long term wealth for his investors. He also shares his subject-to financing strategy and why cash-on-cash is always the focus of his deals. Stuart Gethner | Real Estate Background President of Gethner Education & Co...
Jun 07, 2023•29 min•Season 1Ep. 3198
Andy Smith is a partner at Lewis Brisbois Law, a national, full-service law firm with more than 1,600 attorneys and 54 offices in 30 states and the District of Columbia. In this episode, Andrew breaks down his most recent acquisition of a 32-unit apartment community in Cincinnati. He also discusses the entity transfer tax loophole and some of the most common mistakes he’s seen people make in contracts with contractors and leases with tenants. Andy Smith | Real Estate Background Partner at Lewis ...
Jun 06, 2023•44 min•Season 1Ep. 3197
Brody Garcia is a general contractor and real estate syndicator with KGI Capital, which invests in distressed multifamily properties in the southeast and midwest. In this episode, Brody shares the details of KGI’s latest acquisition - a 72-unit multifamily property built in the early 1970s. He also discusses the differences in value-add projects between states like California and Oklahoma and the biggest struggles he’s encountered as a remote construction manager. Brody Garcia | Real Estate Back...
Jun 05, 2023•22 min•Season 1Ep. 3196
