In this week's episode, I chatted with Joseph Bramante of TriArc Real Estate Partners, a Houston-based multifamily investment company. Joseph has an extensive background in multifamily real estate, and his team has transacted on over $375M worth of real estate, consisting of 47,000 units. Joseph shares how he started investing in multifamily properties while working as a civil engineer and living in Papua New Guinea. While the episode is geared towards passive investors, active investors will al...
Apr 04, 2023•55 min
In this episode, I share four lessons I learned during the worst deal I've ever done. Be sure to give this one a listen, so that you avoid making the same mistakes! Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community , where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 uni...
Mar 31, 2023•16 min
In this episode, I chat with multifamily investor Justin Spaulding, who has bought over $350 million worth of multifamily real estate. Justin shares his story of rapidly scaling his business from buying four-unit deals to growing a portfolio of 880 units while raising significant equity (over $33 million last year)! They discuss the mindset and work ethic needed to grow a business exponentially, including removing limiting beliefs and acting as if you're already playing at a higher level. The co...
Mar 28, 2023•41 min
Yes, this may be a clickbait title... but it's a worthwhile thought experiment. Will there be truly incompetent owners of multifamily properties in 5+ years? Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community , where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 2...
Mar 24, 2023•10 min
In this episode, I share three critical processes that multifamily investors/asset managers must closely monitor if they want to operate a multifamily property at the highest level. Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community , where we help multifamily investors start, build, and scale their businesses… specifically, those looking to g...
Mar 21, 2023•10 min
In this episode, I discuss how you need to think about growing your business... and why it requires you to feel comfortable with giving up control. Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community , where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units....
Mar 17, 2023•11 min
In this episode, I talk about the four strategies we leverage to buy real estate using a minimal amount of our own cash. Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community , where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units. Are you looking to invest ...
Mar 14, 2023•16 min
The title says it all - listen to this episode if you want to secure better loan terms and higher appraised values when refinancing your assets. Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community , where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units. Ar...
Mar 10, 2023•13 min
In this episode, I speak with Tate Siemer of Greenlight Equity Group. We discuss numerous topics, such as the importance of education and mentorship, effectively networking at conferences, how to build relationships with brokers, and rapidly building a multifamily portfolio. GreenLight Equity Group acquires and operates commercial multifamily assets (apartment communities) in Utah, Oklahoma City, and Columbus, Ohio. GLE's current portfolio size is 595 doors, equating to roughly $59M AUM. Their m...
Mar 07, 2023•53 min
In this episode, I talk about why narrowing your focus and dialing in your criteria creates more opportunity (most people think it's inverse)! Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community , where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units. Are ...
Mar 03, 2023•11 min
In this episode, we welcome Drew Brenemen, a seasoned multifamily real estate investor who started in real estate investing while still in college. He shares his insights on navigating different points in the market cycle and why the concept of risk-adjusted returns is essential to understand, for both passive investors and sponsors. We'll also be talking about how Drew successfully took down the largest deal he's ever done during the midst of the COVID-19 pandemic. Join us for a fascinating con...
Feb 28, 2023•1 hr 1 min
In this episode, I talk about why you need to focus on creating "assets" in your business that you can continually share with investors, lenders, partners, etc. - build a scalable business! Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community , where we help multifamily investors start, build, and scale their businesses… specifically, those look...
Feb 24, 2023•9 min
Join us for this week's episode as we sit down with Zach Hoereth, a seasoned real estate investor and entrepreneur. Zach shares his expertise on how to successfully navigate the world of multi-family deals and starting a business. From the role of brokers and the importance of cold calling to the value of email marketing and transparency in financial situations, Zach covers it all. He also delves into the key factors to consider when looking for a buyer and shares his direct approach as a direct...
Feb 21, 2023•59 min
If you need help understanding what you should be working on while transaction volume is down, listen to this episode! Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community , where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units. Are you looking to invest in...
Feb 17, 2023•10 min
Join us in this episode of the podcast as we welcome John Bowens, a representative from Equity Trust Company, to learn more about directly investing in real estate through a retirement account (and the tax benefits of doing so). John provides a comprehensive overview of the three-step procedure and explains the fundamental differences between a Traditional IRA and a Roth IRA, highlighting the significance of compounding interest. He will also delve into self-directed real estate accounts, specif...
Feb 14, 2023•55 min
In this episode, I talk about vertical integration - defining what it is, why investors decide to vertically integrate, and some of the challenges with doing so. Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community , where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units ...
Feb 10, 2023•18 min
Starting a real estate investment firm out of college is a massive challenge, from raising money to brokers not taking you seriously. In this week’s episode, I chat with Jake Pence to discuss how he overcame these challenges and built a successful investment firm. He explains the importance of building a relationship with brokers in the same season as he is and leveraging somebody else’s experience, network, and liquidity to push your real estate investing forward. Jake shares his insights on ev...
Feb 07, 2023•1 hr 1 min
In this episode, I talk about what people frequently get wrong about buying courses or paying for education. There are no silver bullets! Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community , where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units. Are you l...
Feb 03, 2023•8 min
In this episode, I talk with Terrance Doyle, the founder, and CEO of VareCo, a successful real estate investment company focused on buying and operating value-add multifamily properties. Terrance shares his personal story and how he was able to overcome the challenges of not having a traditional financial background and educate himself in the field of real estate. We discuss the importance of pairing great sales skills and relationship development with operational excellence. Terrance explains h...
Jan 31, 2023•51 min
In this episode, I discuss how an investor should think about delegation in their multifamily business, specifically, the three levels of delegation and when investors should make specific hires. Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community , where we help multifamily investors start, build, and scale their businesses… specifically, thos...
Jan 27, 2023•9 min
Do you live in an expensive area but still want to acquire income-producing real estate? In this week’s episode, Phil discusses why he picked New Hampshire to start his investing career and how the competitive landscape in rural areas makes it easier to find great deals. Phil’s experience will ring true with those who are living in an expensive area and want to invest in a different market. Additionally, listening to Phil’s insight on why/how being in real estate full-time helped him in his inve...
Jan 24, 2023•40 min
TJ Burns is the expert guest on this week's podcast, giving listeners insight into achieving financial independence through actively and passively investing in real estate. He began as just a curious individual looking to break free from his 9-5 as an engineer, and today he boasts several successful investments under his belt! Find out how TJ has navigated his journey of investing actively, to investing passively, to raising capital for other investors' deals. Tom 'TJ' Burns is the Founder &...
Jan 17, 2023•36 min
Creative financing can seem daunting for those who have always invested using traditional financing - luckily, this week's guests are here to help! Tune in and listen to Christian & Cody as they share their journey on creatively financing properties while growing their portfolio, greatly minimizing their required cash out of pocket. These two are eager to guide those starting along the right path by providing beneficial advice and strategic shortcuts to support you through your real estate g...
Jan 10, 2023•54 min
In this episode, I discuss our 2023 goals and how I defined the types of units we're looking to buy. I also discuss why an investor should specifically define the types of units they want to buy, including: The specific market The class of asset What percentage of ownership you'll have The complexity of the business plan Looking forward to bringing more value to this pod in 2023 - thank you all for a great year! Struggling to find good multifamily deals? Looking to close deals with less of your ...
Dec 27, 2022•13 min
I oftentimes receive the following questions from passive investors, active investors, people online, etc: What is a real estate syndication? What is a preferred return, and what is a GP/LP split? How do people get paid in a real estate syndication? In this episode, I provide a fundamental explanation of real estate syndications and share the most common structure behind syndicated real estate deals. Struggling to find good multifamily deals? Looking to close deals with less of your own money? W...
Dec 13, 2022•13 min
This is a lesson that took me too long to learn... and something I'm constantly thinking about as we enter new markets, forge new relationships, and work with new vendors. It's important to keep this in mind, especially as we enter a recessionary environment where inexperienced vendors are cutting prices to gain business. Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The...
Nov 28, 2022•8 min
I'm very excited to announce the release of our first educational resource! If you are a multifamily investor who is: - Sick of competing with other buyers or waiting for brokers to send you deals - Looking to scale your business and more rapidly grow your portfolio - Mitigate your downside risk while investing amidst market uncertainty - And ultimately looking to build a robust pipeline of discounted, off-market multifamily deals then you'll find a TON of value in our "Off-Market Multifamily De...
Nov 25, 2022•7 min
It's crazy how few investors use this metric! Listen to this episode if you want to quickly assess how good a prospective multifamily deal is. Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community , where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units. Are ...
Nov 22, 2022•8 min
If you're unsure of how to underwrite deals or invest at this point in the cycle, give this episode a listen. We're implementing these changes in our business to help us conservatively invest amidst the current market uncertainty. Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community , where we help multifamily investors start, build, and scale t...
Nov 15, 2022•13 min
In this week's solo episode, I share 5 steps you can take in your business over the next 30 days if you want to begin raising investor capital for your deals. Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community , where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to ...
Nov 01, 2022•9 min
