Join me and my co-host, Vince, as we chat with Tony Angotti about house hacking, utility optimization, and choosing the right investment partners. Tony is a realtor with Deacon and Hoover Real Estate Advisors specializing in investment real estate in the Pittsburgh Area. He capitalizes in out of state investors, and he’s going to share his insight on how to develop those partnerships, and more. Stay tuned! Getting into House Hacking Tony came across the concept of house hacking when his wife int...
Sep 15, 2020•46 min•Ep. 24
Join me and my co-host, Matt, as we chat with Yonah Weiss about why depreciation isn't necessarily a bad word and how you can use cost segregation to increase your tax write-offs and your cash flow. Yonah is a powerhouse with property owners' tax savings. As Business Director at Madison SPECS, a national Cost Segregation leader, he has helped clients save tens of millions of dollars on taxes through cost segregation. He has a background in teaching and a passion for real estate and helping other...
Sep 08, 2020•31 min•Ep. 23
Join me and Vince as we chat with David Pere about his journey going from being in the military to successfully getting into real estate and eventually starting The Military Millionaire Podcast. David is an active-duty Marine who dived into the real estate business in 2015. From house-hacking a duplex with FHA loan, and buying a 10-unit apartment in Missouri while stationed in Hawaii, he has definitely come a long way! He made it his mission to teach personal finance and real estate investing to...
Sep 01, 2020•41 min•Ep. 22
Join Vince and Steve with Brian Eastman as they chat about what to do with your retirement accounts. Brian is a principal and senior consultant at Safeguard Advisors. He shares some options especially for accounts that are under performing and when you’re not satisfied with the current market volatility. Brian’s company specializes in self-directed retirement plans with checkbook control. It serves as a tax-sheltered bucket of money, like any other retirement plans out there. Aside from the inve...
Aug 25, 2020•33 min•Ep. 21
Join Duc and Vince as they chat with Jake Stenziano about scaling through better systems and vertical integration. Jake is the best-selling author of ‘Wheelbarrow Profits” and “The Honey Bee” and the co-founder of Jake & Gino, the only multifamily real estate investment education company. He shares some valuable tips on how to invest in and manage a multifamily space so stay tuned and enjoy the episode! Multifamily is a Long Game For those who are considering entering this industry, Jake str...
Aug 18, 2020•49 min•Ep. 20
Join Duc Ong and Vince Gethings as they chat with Brent Kawakami about how to escape the W2 rat race. Brent Kawakami is the VP of Acquisitions at Think Multifamily. He has been investing in multifamily since 2015 and has invested in over 600 multifamily units in Texas, Georgia, Kansas, and Ohio. He recounts his journey from simply wanting to learn about passive cash flow, to getting his first 100+ unit acquisition, quitting his 9-5 and finally going fulltime on multifamily investing. He also sha...
Aug 11, 2020•46 min•Ep. 19
Join Duc and Vince as we talk with Brian Burke about how to be a hands-off investor. Brian is the CEO of Praxis Capital and has acquired over half a billion dollars’ worth of assets over 30 years. He has never lost a nickel of investor’s money during his career! Brian gets into his “buy and watch” approach, which is useful during the current market climate. Usually, investors go into deals with a fixed mindset of either “buy and sell” or “buy and fix.” The “buy and watch” strategy gives more roo...
Aug 04, 2020•39 min•Ep. 18
Join Duc and Vince as we talk with Adam Adams to share his experiences with real estate, hiring, and other business ventures. Adam is an investor and partner in seven multifamily syndications with roughly 1400 doors. He’s educated many investors through conferences, radio, podcast interviews, coaching programs, and meetups. We go in detail with his different business ventures, hiring a team that fits your standards, and building a VA and podcast production services. They also get into Adam’s mis...
Jul 28, 2020•1 hr 2 min•Ep. 17
Today on another episode from our education series, Duc and Vince talk about Key Performance Indicators (KPI’s) that a passive investor should track. A limited partner (or silent partner, as we talked about in the last part of the series), needs to be aware of some aspects of a deal when evaluating an offer. You have to make sure that you’re asking the right questions about the deal, and also ensure that the details you’re provided match the risk profile that you’re comfortable with. But unfortu...
Jul 21, 2020•13 min•Ep. 16
Join me and Vince with Gino Barbaro from Jake and Gino as we talk about creating multiple income streams. From his humble beginnings in a pizza restaurant, Gino is now handling over 1600 units in multifamily. He shares multiple ways to take control of a growing business (or businesses!) and have clarity on the things that matter. From a small Airbnb, you can go to duplexes, triplexes, and venture out to property management or even education! Creating these layers of revenue allows you to be free...
Jul 14, 2020•50 min•Ep. 15
Join Duc and Vince with Kenny Wolfe from Wolfe Investments as they talk about how he found success in syndication. Kenny was one of those who didn’t fit in the “cookie-cutter” future that everyone seemed to advertise. He didn’t want to get a degree, work for a company for 40 years, then sack away money into stocks. Reading a lot of books led him to an interest in real estate, which led to buying more books about real estate, which eventually led to his wife saying, “you gotta stop buying books a...
Jul 07, 2020•37 min•Ep. 14
Today on the educational series of the podcast, join Duc and Vince as they give the steps to screen sponsors for your next deal! This is a big undertaking, especially for new investors. Your vetting skills for a deal sponsor determine the result of the time, money, and effort that you will be investing in the deal for the next five to ten years. We will get into some of the jargon that you might be confused with, the things you should look for in a sponsor, the questions you should ask, and expe...
Jun 30, 2020•16 min•Ep. 13
Join Duc and Vince with Bruce “The Apartment Guy℠” Petersen as they talk about the secrets to real estate and syndication. Bruce was a college dropout, found himself in retail, and worked there until he retired at the age of 43, with no wife and kids. Seeing that all his friends are still going to work and providing for their families, he made a move to figure it all out. Bruce went on Google to find a mentor, and eventually made his way to become a syndicator for multi-family properties across ...
Jun 23, 2020•1 hr 1 min•Ep. 12
Join Duc and Vince with “Mr. Smiles” Vinney Chopra as they talk about growing in multifamily. Since coming to the U.S. more than 40 years ago with only $7 in his pocket, he’s now amassed success in multiple arenas. He’s an expert marketer, a motivational speaker, a real estate investor, and many more. Vinney has always believed in individuals’ ability to shape the world through positive thought and selfless action. Today on the podcast, he gives tips to increase your NOI, what mistakes you shoul...
Jun 17, 2020•52 min•Ep. 11
For this educational series, we’re going to outline the general timeline and sequence of events that occur from start to finish of a multifamily acquisition from the eyes of a passive investor. HIGHLIGHTS OF THE EPISODE 01:02 Behind the Scene of what the sponsorship team is doing 06:44 Subscription period 07:46 After the subscription period 10:57 What happens at the end of the year CONNECTING WITH THE HOSTS Website: www.Tricityequity.com Facebook | Instagram | YouTube | LinkedIn...
Jun 06, 2020•12 min•Ep. 10
In this educational series, we will be going over on “Why Multifamily”. And we’ll be covering the top 10 reasons of multifamily versus other asset classes that you might be interested in. Don’t forget to Subscribe. More videos will be uploaded soon. Don’t miss it! TOP 10 REASONS WHY MULTIFAMILY VS. OTHER ASSET CLASS 00:57 1. The resilience and tough times 02:11 2. Hedge against inflation and stock market volatility 04:46 3. Superior tax benefits of multifamily 05:40 4. Under supply of housing 09...
Jun 05, 2020•24 min•Ep. 9
HIGHLIGHTS OF THE EPISODE [00:54] Talks about the real estate slogan. Location and Terms [03:29] Talks about growth in terms of looking at market [05:24] Assumption in the proforma [09:58] Talks about Net Absorption [12:45] Talks about Market Cycle [14:37] Talks about Geoarbitrage CONNECTING WITH THE HOSTS Website: www.Tricityequity.com Facebook | Instagram | YouTube | LinkedIn...
Jun 03, 2020•19 min•Ep. 8
In this Education Series we will be talking about Syndication Offering as it relates to Multifamily. We’re gonna go through the main key points about fee structures and company structures and some of the documents that you're gonna see. [01:18] Different fees involved in the Syndication [03:13] Normally involved profits [05:40] Understanding risk profile [08:14] Time Frame that an Investor can expect [10:20] Types of Business Plans in Multifamily Space [11:27] Questions to ask for Investors to a...
Jun 02, 2020•25 min•Ep. 7
Basics of Syndication 01:24 What is a Syndication? 02:04 What are the roles in Syndication? 03:09 What does the “Limited” in limited partner mean? 03:58 Why do people do Syndications? 04:34 What’s the difference between Syndication and other forms of ownership? 05:06 What is an accredited investor? 06:52 Differences between JV partnerships and Syndications 09:01 Who are Syndications for? CONNECTING WITH THE HOSTS Website: tricityequity.com Facebook | Instagram | YouTube | LinkedIn If you found v...
Jun 01, 2020•11 min•Ep. 6
GUEST BIO Steve is a real estate professional with 8 years of industry experience in two states. He has served in various roles in real estate, including serving as a licensed loan officer specializing in short term funding, as wholesaler identifying, acquiring and marketing distressed property, as a licensed Realtor for residential property and actively as an InterNACHI certified home inspector having inspected over $150M worth of residential and commercial real estate. He currently owns long a...
Jun 01, 2020•38 min•Ep. 5
Matthew Callihan has been investing in real estate since 2010 and has experience with Multifamily, short sales, fix-n-flips, single family rentals, wholesaling, and private money lending. He holds a Bachelors degree from Park University. While attending college Matthew worked as a Financial Representative with Northwestern Mutual and enjoys educating young people on finance and the many different investment strategies available. Matthew is always looking to add to his skill sets and has particip...
May 30, 2020•34 min•Ep. 4
GUEST BIO Vincent - Vincent has over 7 years of multifamily investing experience; he currently owns and operates 20 units in his personal portfolio, an additional 52 units in JV, and 48 units as a GP. He specializes in market research, due-diligence, strategic planning, project oversight and execution. He recently held the position of Resource Advisor for the U.S Air Force where he drafted and managed the operational funds and projects for a $1.4B enterprise. He also holds a green belt LEAN Six ...
May 29, 2020•39 min•Ep. 3
As a real estate investor, Duc is a partner in 732 units across 6 states. He is a limited partner in a 114 unit apartment complex in Atlanta, GA, a 310 unit community in El Paso, TX, and a 192-unit in Longview, TX. As an active investor, he owns a single-family rental property in Anaheim, CA, 15 units in one JV in Pittsburgh, PA, 52 units with Tri-City Equity Group in Saginaw, MI, and 48 units as a GP in El Paso. He owns a personal residence condominium in Honolulu and is under contract on a new...
May 28, 2020•33 min•Ep. 2
This is an introduction to “The Cash Flow Project” podcast. Here you can learn who we are and what you can expect from our new journey which covers real estate, syndication, multifamily investing and more. Make sure to subscribe, follow and share with your friends. We’re looking forward to providing value to whoever listens to our podcast. OUR HUMBLE BEGINNING [00:37] Who are we and who are we making this podcast for? [02:44] Purpose of the Podcast [03:11] Who would benefit the most from listeni...
May 27, 2020•5 min•Ep. 1