Neal Bawa discusses the changes in the syndication industry over the past 18 months and how his business has adapted. He highlights the use of preferential equity as a great opportunity for investors, offering better returns and lower risk compared to traditional equity investments. He also explains the concept of preferential equity and how it can be used to refinance properties and stabilize cash flow. Bawa emphasizes the importance of risk mitigation and the need to find good preferential equ...
Aug 27, 2024•42 min•Season 1Ep. 3645
Richard and Brad Simtob, partners of Simtob Management and Investment, discuss their experience in real estate investing and property management. They share their journey from starting with an 11-unit building to owning over 1,000 multifamily units. They emphasize the importance of implementing the Entrepreneur Operating System (EOS) in their company and how it has helped them with planning, goal-setting, and leadership development. They also discuss their approach to resident screening and the ...
Aug 26, 2024•31 min•Season 1Ep. 3644
Aman Singh, the managing partner of Victory Multifamily, shares his background in multifamily real estate and his journey from single-family homes to multifamily properties. He discusses the importance of being hands-on and involved in the day-to-day operations of the properties, including overseeing property management and expenses. Aman also talks about the business plan for his multifamily portfolio, which focuses on increasing NOI through unit upgrades, utility billbacks, and other income so...
Aug 25, 2024•27 min•Season 1Ep. 3643
Jason Malabute, an apartment syndicator and CPA, shares his journey into real estate investing and the challenges he faced in the accounting side of the business. He discusses the importance of finding the right partners and the difficulties in raising capital for syndication deals. Jason also highlights the benefits of investing in the Atlanta market, including population growth and diverse industries. He emphasizes the significance of quality accounting in real estate investing and the need fo...
Aug 24, 2024•21 min•Season 1Ep. 3642
Anthony Walker, CEO of Black Swan, discusses his real estate development projects, including a 165-acre development in Maui. The goal of Black Swan is to create communities where people can live, work, and have a sense of pride. The development includes an amphitheater, a community gathering area, and affordable and market-rate apartments. Anthony talks about the challenges of building in Maui, including high construction costs and the need for subsidies. He also emphasizes the importance of par...
Aug 23, 2024•30 min•Season 1Ep. 3641
Ray Tran, a real estate coach and educator, shares his journey from corporate finance to becoming a teacher and real estate investor. He emphasizes the importance of financial literacy and entrepreneurship education for young students. Ray discusses his experience in both single-family and commercial real estate investing, including value-add deals and syndications. He explores the debate between value-add investing and the BRRRR method for building long-term wealth in real estate. Ray also high...
Aug 22, 2024•25 min•Season 1Ep. 3640
Rick and Crystal Rummer, real estate investors at Texas Secured Notes, discuss their experience in originating and selling land notes. They share their background in real estate investing and how they transitioned to focusing on land notes. They explain their process of buying large tracts of land, subdividing them into smaller ranchettes, and selling them through owner financing. They discuss the criteria they look for when purchasing land and the importance of road frontage and access. They al...
Aug 21, 2024•35 min•Season 1Ep. 3639
Walter Johns, owner of CWJ Investment Group LLC, shares his journey in real estate investing and the lessons he has learned over the past 14 years. He started with single-family homes and mobile homes, but realized he needed a passive income strategy to grow his wealth. He transitioned to investing in multifamily syndications and has seen great returns. Walt also discusses his latest project, a subdivision strategy where he is building and selling 96 new homes. He emphasizes the importance of ve...
Aug 20, 2024•44 min•Season 1Ep. 3638
Ken Gee, the managing member of KRI Partners, shares his insights on real estate investing and the current market. He discusses the advantages of raising capital in funds rather than on a deal-by-deal basis, emphasizing the importance of trust and transparency. Ken also talks about the current market cycle and predicts that interest rates will come down, leading to an increase in the volume of deals. He advises investors to stay disciplined and underwrite real numbers, focusing on properties wit...
Aug 19, 2024•28 min•Season 1Ep. 3637
Amanda Cruise and Ash Patel interview DA Wilson, a tax attorney specializing in real estate transactions. They discuss the importance of proactive tax planning and structuring transactions to maximize take-home dollars. They also cover common tax mistakes made by real estate professionals and the benefits of tax incentives such as 1031 exchanges and capital gains treatment. DA Wilson emphasizes the need for both a tax attorney and a CPA when dealing with audits and disputes with the IRS. He also...
Aug 18, 2024•36 min•Season 1Ep. 3636
Max Gonzales, the managing principal of Geometric RE, shares his background in real estate investing and discusses the importance of understanding the larger capital structuring of deals. He emphasizes the need for a team approach in larger acquisitions and highlights the Feast or Famine nature of the real estate cycle. Max also discusses the impact of low interest rates on the market and the importance of assessing risk and reward when investing in different asset classes. He advises investors ...
Aug 17, 2024•35 min•Season 1Ep. 3635
Zeona McIntyre, a realtor and investor, discusses her shift to creative financing in the real estate market due to rising interest rates. She explains that creative financing, such as subject-to deals and seller financing, allows investors to take advantage of lower interest rates and tax advantages. McIntyre emphasizes the importance of understanding the tax loopholes and advantages for short-term rentals, which can provide significant tax deductions. She also shares her experiences with partne...
Aug 16, 2024•34 min•Season 1Ep. 3634
Nate Whigham, President of EN Capital, joins Amanda Cruise and Ash Patel to discuss capital advisory work in commercial real estate. Nate shares his expertise in debt and equity placement, particularly in transitional deals that require structured finance. He explains the challenges and opportunities of placing capital in markets like Puerto Rico and the Caribbean. Nate also discusses the current investor sentiment and the types of deals that are attracting capital. He emphasizes the importance ...
Aug 15, 2024•34 min•Season 1Ep. 3633
Brian Ferguson, founder of Fergmar, focuses on value-add real estate, long-term holds, and cash flow. He addresses challenges in finding deals and hiring, while committing to veteran support and home ownership initiatives. Brian Ferguson | Real Estate Background Fergmar Based in: Victoria, TX Say hi to him at: LinkedIn www.altunascapital.com www.fergmar.com Sponsors: Passive Investing Mastery Apartments.com Bam Capital Learn more about your ad choices. Visit megaphone.fm/adchoices...
Aug 14, 2024•22 min•Season 1Ep. 3632
Slocomb Reed discusses who should self-manage multifamily portfolios, considering whether real estate is your primary income and your goals. He highlights the control and challenges of self-management and shares personal examples to illustrate its impact. Sponsors: Passive Investing Mastery Apartments.com Bam Capital Learn more about your ad choices. Visit megaphone.fm/adchoices...
Aug 13, 2024•21 min•Season 1Ep. 3631
Ash Patel, a commercial real estate investor, shares his journey and insights in this conversation. He stumbled upon commercial real estate after buying a mixed-use building and realizing the benefits of commercial tenants. He has since invested in various asset classes and focuses on high-value add deals. Ash discusses the current market conditions and the opportunities he sees, including the potential in office buildings in walkable suburbs. He emphasizes the importance of hiring and building ...
Aug 12, 2024•34 min•Season 1Ep. 3630
Daniel Casey, CEO of North40 Capital, renovates C and D apartments in prime locations to compete with class A properties. He emphasizes affordable, high-quality housing and the advantages of being a local owner-operator. Daniel Casey | Real Estate Background North40 Capital LLC Based in: Tacoma, WA Say hi to him at: www.north40capital.com Instagram Sponsors: Passive Investing Mastery Apartments.com Bam Capital Learn more about your ad choices. Visit megaphone.fm/adchoices...
Aug 11, 2024•26 min•Season 1Ep. 3629
Ian Cruz and Slocomb Reed discuss investing for long-term growth versus cashflow in real estate, focusing on 2024 multifamily opportunities, interest rates, and market volatility. They stress understanding market fundamentals and vetting operators. Ian Cruz | Real Estate Background Partner, ELEV8 Capital Portfolio STR, MTR, LTR, multifamily (Bay Area, CA and Cincinnati) Based in: San Jose, CA Say hi to him at: Contact Information and Full Bio LinkedIn Instagram Sponsors: Passive Investing Master...
Aug 10, 2024•29 min•Season 1Ep. 3628
Anthemos Georgiades, co-founder and CEO of Zumper, discusses the value of digitizing the rental process and the importance of understanding the needs of both renters and landlords. Zumper serves as a lead generator for landlords, attracting millions of renters to their platform. They also provide data and insights to help landlords make informed decisions about pricing and property performance. Anthemos Georgiades | Real Estate Background Zumper Based in: Miami, FL Say hi to him at: www.zumper.c...
Aug 09, 2024•23 min•Season 1Ep. 3627
Katie Decker Erickson, a designer, highlights the importance of amenities like pet playgrounds, outdoor spaces, and communal areas to boost ROI. She advises using underutilized spaces creatively and understanding the target market. Katie Decker-Erickson | Real Estate Background Color Works Design Worked on multifamily properties in over 20 states adding value and new design. Based in: Wenatchee, WA Say hi to her at: www.colorworks.design LinkedIn Facebook Instagram Sponsors: Passive Investing Ma...
Aug 08, 2024•32 min•Season 1Ep. 3626
Joe Cornwell interviews Dejan Eskic, a senior research fellow and real estate economist, about the economy and housing. They discuss the challenges of housing affordability, the impact of zoning regulations, and potential solutions for the housing shortage. They also touch on the demographic trends and the importance of understanding population composition. Dejan Eskic | Real Estate Background Kem C. Gardner Policy Institute, Ivory Innovations Based in: Salt Lake City Say hi to him at: LinkedIn ...
Aug 07, 2024•32 min•Season 1Ep. 3625
Rachael Jones, principal of Clover Capital Group, focuses on multifamily apartments. She highlights property management, incubator programs, quick decision-making, expert advice, and community involvement. Rachael Jones | Real Estate Background Clover Captial Group Based in: Belmont, North Carolina Say hi to her at: www.clovercapitalgroup.net LinkedIn Best Ever Book: Poor Charlie's Almanack by Charlie Munger Sponsors: Passive Investing Mastery Apartments.com Bam Capital Learn more about your ad ...
Aug 06, 2024•35 min•Season 1Ep. 3624
Jay Maranan, a capital raising expert, shares his experience in syndications, emphasizing trust, credibility, and networking. He highlights the importance of understanding the market and addressing investor concerns. Jay Maranan | Real Estate Background Zen Coast Capital Portfolio: 541 units (5 apartment buildings), 7 units (LTR/STR) Based in: San Francisco, CA Say hi to him at: Instagram Best Ever Book: Think Again by Adam Grant Sponsors: Passive Investing Mastery Apartments.com Bam Capital Lea...
Aug 05, 2024•21 min•Season 1Ep. 3623
Bradley Sumrok shares his challenging experiences with recent deals, emphasizing not selling unless necessary and the importance of vetting partners and having liquidity. He also highlights his mentorship program and charity work. Bradley Sumrok | Real Estate Background Sumrok Multifamily Mentoring Portfolio: 35 buildings totaling ~7,700 units Based in: Dallas TX Say hi to him at: www.bradsumrok.com Best Ever Book: Rich Dad Poor Dad Sponsors: Passive Investing Mastery Apartments.com Bam Capital ...
Aug 04, 2024•33 min•Season 1Ep. 3622
Ryan Hill, CEO of Phoenix Capital, focuses on custom deals in mobile home parks, infill, and rehab. He partners with park owners to fund and sell homes. His portfolio includes mobile home parks, RV parks, and a retail center. He emphasizes the importance of passion and grit in real estate investing. Ryan Hill | Real Estate Background CEO Phoenix Financial, COO Suncrest Capital Portfolio: 22 MHPs (~1300 spaces), 3 RV parks, 1 Retail Center (20,000 sq. ft.) Based in: Meridian ID Say hi to him at: ...
Aug 03, 2024•33 min•Season 1Ep. 3621
Nic Espanet, owner of Flex Equity Group, shares his experience as a passive investor and general partner in multifamily syndications. He emphasizes the importance of getting to know and trust the operators before investing, as well as thoroughly researching their track record. Nic also discusses the challenges he has faced in the current market, such as rising insurance and taxes. Nic Espanet | Real Estate Background Flex Equity Group Portfolio: +1,606 doors Based in: Fort Worth, TX Say hi to hi...
Aug 02, 2024•28 min•Season 1Ep. 3620
Mike Woodfield, owner of Obsidian Capital, advises focusing on good underwriting, conservative practices, and strong partnerships in multifamily real estate investing. He emphasizes fixed-rate debt and HUD loans. Mike Woodfield | Real Estate Background Obsidian Capital Portfolio: Total of 16 properties Based in: Austin, TX Say hi to him at: www.obsidiancapitalco.com Best Ever Book: 12 Rules for Life by Jordan Peterson Sponsors: Viking Capital Apartments.com Hotel Shift Learn more about your ad c...
Aug 01, 2024•37 min•Season 1Ep. 3619
Grant Francke, a full-time real estate investor, shares his experience and insights on value-add small to midsize multifamily investing. He discusses his background, portfolio, and day-to-day responsibilities. Grant emphasizes the importance of treating people right and having a clear why in real estate investing. Grant Francke | Real Estate Background Owner of GLF Properties Based in: Adams, NE Say hi to him at: GrantFrancke.com Best Ever Book: The Unlikely Investor by Grant Francke Sponsors: V...
Jul 31, 2024•19 min•Season 1Ep. 3618
Donato Callahan, acquisitions manager at CRE Capital, shares his background and journey in real estate investing. He discusses his role as an acquisitions manager and the challenges he faces in finding deals that meet specific criteria. Donato emphasizes the importance of building relationships with brokers and consistently looking at a large number of deals. He also talks about the changes in the real estate market over the years and the strategies his company employs. Learn more about your ad ...
Jul 30, 2024•32 min•Season 1Ep. 3617
AJ Klenk, Managing Partner of Catalyst Capital Partners, joins Slocomb Reed on the Best Real Estate Investing Advice Ever Show. AJ shares insights into the current multifamily market, including the impact of new construction projects on rent rates. He also talks about Catalyst's focus on the Southeast and the factors they consider when choosing markets for development. AJ Klenk | Real Estate Background Catalyst Capital Partners, Built on Hospitality Based in: Charlotte, North Carolina Say hi to ...
Jul 29, 2024•28 min•Season 1Ep. 3616
