The guest on this week’s episode of the Multifamily Wealth Podcast, Paul Moore, is one of the more seasoned investors we’ve had on the show. His background in real estate is extensive - he has experience in multiple sectors of real estate including developing multifamily, developing hotels, self-storage, mobile home parks, and much more. A theme of this show is the idea of speculation vs. investing and how it has shaped his career… Paul shares an interesting deal he did in North Dakota that exem...
May 11, 2021•43 min
In this episode with Matt Picheny, we once again dive into passive investing and how Matt transitioned into the active side of the business. Matt has a decorated track record in the marketing field, working with companies like Verizon, IBM, and Coca-Cola, and the story he tells about how he got into syndication is an interesting one! He has lived in numerous cities on the east coast and we extensively discuss how to select a good market, in terms of how the market aligns with your investing goal...
May 04, 2021•48 min
Travis Watts is the director of investor relations at Ashcroft Capital, one of the largest syndication firms in the real estate business, run by Joe Fairless. Travis discusses how he got into real estate through the passive investing side of the business, as well as how he became a full-time passive investor. Travis was able to achieve what many investors dream of… financial freedom through truly passive real estate investments. In this episode, Travis talks about how to become a passive investo...
Apr 27, 2021•39 min
This is a great show for those who want to better understand a property management company’s role in the investing process. In this episode, I speak with Peter Lohmann of RL Property Management – we discuss how to interview and select a quality property manager, the difference between asset management and property management, and how to actually grow and scale a property management company (or any service business)! We also talk about building your brand on social media and how that will help to...
Apr 14, 2021•1 hr 7 min
Are you looking to learn more about the world of multifamily financing? If so, you’ll want to listen to this episode with Anton Mattli of Peak Financing - we discuss the current debt market, the current financing market, and much more regarding multifamily financing in the pre-covid and post-covid environment. Anton brings a wealth of knowledge to the business and has found great success as a commercial mortgage broker. Anton discusses how to work with mortgage brokers and the correct steps you ...
Apr 06, 2021•39 min
This week’s guest, Sam Wilson, has built a business investing in an income-producing asset that I’m guessing you haven’t heard considered - parking lots. While we discuss the parking business, we also talk about how Sam built a house-flipping business using VAs, where he found them, and the exact work he outsourced. Sam was a great guest and I’m sure you’re going to learn something in this episode, regardless of if you’re interested in the parking business or not! Sam is an active investor in se...
Mar 23, 2021•43 min
This week’s show with Justin Breen is a different one than what usually goes up on the feed… in this episode, Justin and I discuss the most common traits of successful entrepreneurs, how and why networking with more successful people in your industry is so important, and how to develop skills outside of real estate (that will actually grow you real estate business)! While we don’t get into the nitty-gritty of multifamily, what we discuss will help you grow your business just as much. Justin Bree...
Mar 02, 2021•48 min
This episode with Jorge Contreras is a great show for those who are looking to start using the short-term rental model, regardless of whether or not you currently own property! In this episode, we talk about how Jorge was able to DOUBLE the income he was making on his triplex by listing the units on Airbnb and how he has grown his business using the “subleasing” model. Jorge shares exactly how to identify an area or neighborhood that will thrive on Airbnb, how to pitch the subleasing model to la...
Feb 18, 2021•43 min
In this week’s episode with Stace Caseria, we discuss how real estate investors can establish credibility and trust in the market (and why this should be a focus to all investors, regardless of their size)! We talk about Stace’s “Trust Dynamic” which is a must-listen if you want to quickly understand what you need to focus on when building trust in the market. Stace is one of the foremost authorities in building brands that create customer loyalty - you may not think this has an immediate correl...
Feb 09, 2021•45 min
This episode with Zach Hoereth is a must-listen for investors operating at all levels, we get into topics like taking down your first deal, balancing investing with being a broker, and the power of building long term relationships with sellers and other folks in your market. For the younger investors out there - we talk about how your age is actually an advantage when getting into the market and taking down deals (rather than the opposite)! Zach is a broker and real estate investor based in Indi...
Feb 02, 2021•50 min
If you live in an expensive market, this episode with Ricky Beliveau is a must-listen. Ricky shares how he used FHA loans to get started in the business and how it eventually built a large development business and buy and hold a portfolio in Boston, MA. We talk about the importance of building "deal flow" vs. just finding deals, why relationships are so important, and how social media helped to grow his business. This is a great episode regardless if you're in the development business - we talk ...
Jan 19, 2021•52 min
Great show this week with Lee Yoder for investors both large and small - we learn how Lee was able to transition from a career in physical therapy to replace his income in a short period of time with multifamily real estate. Lee talks about how he found great deals on Loopnet (most people say you can’t!) and what he learned in the turnaround process, such as managing the rehab, implementing better management, and much more. Lee also talks about why the syndication model may not make sense for a ...
Jan 12, 2021•52 min
This episode with Levi Allen is a fun one - we discuss how he grew up on a farm and transitioned into the real estate business. There is a lot of great content in this episode about raising capital, pitching investors, and building deal flow with brokers. Levi is crushing it in the multifamily sector - give this episode a listen! Levi grew up in Eastern Oregon on a Potato Farm and Cattle ranch. His parents still own and run Allen Farms and Allen Ranches, consisting of over 15,000 acres. After fa...
Dec 22, 2020•45 min
This episode with AJ Ramler is one of my favorite ones I’ve done so far on the podcast... we learn how AJ started his real estate career by house hacking a 6-unit property (cool story!) to owning a portfolio of 200+ units in Dallas, TX. We talk about how buying in markets where long-term equity appreciation is critical if you truly want to build wealth with real estate and why markets like Dallas are great to invest in. AJ has organically built his portfolio and is not a “syndicator” - I think t...
Dec 15, 2020•51 min
In this episode of The Multifamily Wealth Podcast, I dive into the acquisitions piece of the multifamily syndication business with John Okocha of the Elevate Commercial Investment Group. John is the Vice President of Acquisitions at Elevate CIG and we learn about his background in single-family investing and how he transitioned his career into the multifamily sector. John shares some great tips as it relates to building relationships with brokers, quickly underwriting deals, as well as finding p...
Dec 08, 2020•41 min
This episode with Devin Elder is a must-listen if you are looking to start raising money, working with partners, or are looking to get into larger deals! Devin explains the business in a very simple and straightforward way and shares what he has learned over his years of experience in the real estate industry. This is a great episode whether or not you’re currently working on larger deals... we talk about concepts that apply to every level of investing such as investing out of state, how to choo...
Dec 01, 2020•56 min
This is a great episode for those looking to build a rental portfolio in a higher-priced market! Willie Mandrell shares how he used numerous financing strategies to acquire properties in the Boston, MA area, and how the listeners can develop a strategy that will allow them to scale in an area with higher price points. We also discuss why it is important to be well-known in your market and how it relates to finding deals and building relationships with lenders. Struggling to find good multifamily...
Nov 25, 2020•56 min
When I posted this deal on Instagram (@multifamilywealth) I received some requests to do a podcast outlining the details of this deal, specifically how I found it, financed it, and what the business plan is. I think there will be some helpful tidbits in here, specifically as it relates to doing portfolio deals... I discuss strategies on how to minimize the seller's capital gains tax obligations, how you can buy some of a portfolio and not the rest, and how to sell 2nd position mortgages to priva...
Nov 20, 2020•20 min
Great episode today with Darin Batchelder! We discuss his journey into real estate and how he transitioned from being a passive investor into an active sponsor (and syndicating a 76-unit deal in Texas). Darin dives into what he learned from his experience as a passive investor that eased the transition onto the active side, as well as how his extensive experience in the loan business helped him in his investing career. We also talk about building relationships with brokers, finding partners, and...
Nov 17, 2020•1 hr 2 min
Bit of a different episode today - Jerome Myers (guest on episode #13) runs a podcast called Multifamily Missteps and we did a podcast swap! This is a great episode where he speaks with Kristen Ray regarding a deal where things went awry. I had the pleasure of speaking with the owner of Vytal Investments, LLC, and co-founder of Vital Investment Partners, Kristen Ray. Let’s dive into Kristen’s story that not giving up, no matter how many times you fail, can eventually lead you to the success that...
Nov 10, 2020•21 min
I get asked by so many investors how to quickly and accurately estimate rehab costs... the short answer is, it's not easy (and takes time and experience to become proficient at)! In this quick episode, I share some tips on how you can standardize the process behind estimating renovation costs while removing some of the "unknowns" around budgeting for renovations. Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maxim...
Oct 30, 2020•14 min
I discussed a ton of great topics with Terry Hale in this episode, however, this an awesome show if you’re looking to find more deals and start doing more deals off-market. Regardless if you’re looking for duplexes or 200-unit properties, Terry provides numerous tips as it relates to building your lead funnel and finding individuals that can help you source more deals. We’re all trying to find more deals and this episode is going to help you do just that! Terry is a big deal who has been crushin...
Oct 27, 2020•54 min
Stick with me on this one... one of the things that makes Belichick a great coach is that he understands each facet of the game at such a high level, above and beyond what's expected of him as a head coach. In real estate, you need to understand the role and business of every individual you'll be working with (brokers, lenders, property managers, contractors, attorneys, etc) and how each piece of the business works together. Yes, you should master one or two skills and focus on them, but you nee...
Oct 23, 2020•15 min
This episode with Bob Lachance is a great one if you are looking to learn more about what a virtual assistant is, how you can hire one, and what they can specifically help within your business. We get into the weeds and discuss what tasks are most commonly outsourced to VAs, how much a VA typically costs, and the exact process of how to best source, vet, and hire a virtual assistant. Bob Lachance is the founder and CEO of the premiere Virtual Assistant staffing company REVA Global LLC. Bob speci...
Oct 20, 2020•49 min
Hey everyone, back again with another "solo show". It seemed like the first episode was well-received, looking forward to providing more value with these shorter episodes on a weekly basis. In this episode, I discuss how you can begin sourcing the coveted "off-market" deal. You could do a two-hour podcast on this topic and not even scratch the surface, however, I wanted to share my high-level thoughts on you can at least start marketing and prospecting to sellers. Some of the ideas I discuss are...
Oct 16, 2020•13 min
Talk about an eye-opening episode with Yonah Weiss… we discuss the power of cost segregation as a strategy to minimize your tax liabilities when investing in commercial real estate, as well as the power of being classified as a “real estate professional” in the eyes of the IRS. This is an episode where you’ll be giving your accountant a call once you’re done listening and asking them how you can implement these strategies! Yonah is a powerhouse with property owners' tax savings. As Business Dire...
Oct 13, 2020•50 min
Hey everyone, trying something unique with the podcast feed... I thought there might be value in releasing shorter (5-10 minute) solo episodes highlighting things I've learned in my business, changes I've seen in the market, overviews of deals, etc. In this episode, I discuss the value of being "easy to work with" when working with sellers and brokers, specifically as it relates to re-trading deals. Negotiating after inspections or due diligence is sometimes necessary, however, I often see both ...
Oct 09, 2020•9 min
Jorge has been Investing in Real Estate for over 15 years now. He started in Single-Family and small Multi-family properties. He has wholesaled over 200+ Properties, Fixed & Flipped over 100+ properties, and developed several new construction projects, over $20M in the ground up. My main focus now is on large Multifamily properties. He is currently an Active & Passive Full Time Multifamily Real Estate Investor with 1,720 Doors on the GP side & over 1,400+ doors on the LP side. Jorge ...
Oct 06, 2020•47 min
Today’s episode with Mark Davenport is a great example of how you can go full-time in real estate with just a few deals! Mark is an investor that I’ve personally known for a long time with a very unique story… you’ll learn how he managed renovation projects from multiple states away, how he uniquely added value to his first few properties, and how he was able to scale his business. This is a great show for both newer and experienced investors - stick around! Mark and his partner, Phoebe, are the...
Sep 29, 2020•59 min
I really enjoyed this interview with Adrian Salazar - we talk about how you can transition from wholesaling or single-family investing to multifamily, how he has been able to build his business at such a young age, and most importantly, how to find off-market multifamily deals. We thoroughly discuss the importance of "staying top of mind" and why it is so critical to do so in real estate - be sure to give this one a listen! Adrian is the Founder of Optimum Buyers, a real estate firm that focuses...
Sep 22, 2020•55 min
