In this special episode of the Multifamily Wealth Podcast, we celebrate reaching episode number 200! It's been an incredible journey over the last three and a half years - through this podcast, I've had the privilege of connecting with amazing individuals - partners, investors, vendors, and so many others - who have enriched our business in countless ways. In this special episode, I take a moment to reflect on the impact this podcast has had on our business and share some insights into what we d...
Nov 28, 2023•15 min
In this episode of the Multifamily Wealth Podcast, I discuss the two different types of investors in the multifamily business: decimal investors and deal investors. Decimal investors are those who primarily focus on analyzing deals through Excel sheets and lack experience in evaluating properties on-site. They struggle with understanding factors like location, building structure, and desirable floor plans. On the other hand, deal investors have a more holistic approach to investing, considering ...
Nov 17, 2023•9 min
In this episode of the Multifamily Wealth Podcast, we welcome back Paul Moore of Wellings Capital. With over 20 years of experience in real estate, Paul has a diverse background that includes residential and commercial investments, as well as ventures in oil and gas. He is the author of "The Perfect Investment" and has a deep understanding of the multifamily syndication space. In this episode, Paul and Axel dive into the topic of preferred equity, a hot topic in the multifamily and commercial re...
Nov 14, 2023•42 min
In this episode, I dive deep into the most important metric to analyze when underwriting multifamily real estate deals. Whether you're an LP looking to invest in another investor's deal or a sponsor's deal, or an active investor screening deals, understanding this metric is crucial in determining if a deal makes sense in today's market. The metric I'm talking about is stabilized yield on cost. I've discussed it before on the podcast, but I wanted to revisit it because of its significance. Stabil...
Nov 10, 2023•9 min
In this episode of the Multifamily Wealth Podcast, I delve into the true mathematical impact that vacancy has on a multifamily property's net free cash flow. Join us as we break down the numbers and discuss how even a small increase in vacancy can have a significant impact on your bottom line. I dive deep into the numbers and explain how vacancy can significantly affect your investment portfolio. We often overlook the impact of vacancy, but once you understand the math behind it, you'll see just...
Nov 07, 2023•9 min
In this episode of the Multifamily Wealth Podcast, I dive into a topic that is often overlooked when it comes to real estate investing - transactional costs. You see, when buying and selling properties, there are a lot of hidden costs involved that can significantly impact your returns. Whether you're an investor or a homeowner, understanding these costs is crucial. I break down the math and explain why it's essential to consider the impact of buying and selling on your equity beyond just the pe...
Nov 03, 2023•11 min
In this episode of the Multifamily Wealth Podcast, we are joined by Moshe Crane, the VP of Branding and Strategic Initiatives at Sage Ventures. With over 4,300 units in their portfolio, Sage Ventures is a Maryland-based owner-operator of multifamily properties in the Mid-Atlantic region. Moshe started in the leasing department and worked his way up, gaining extensive experience in all aspects of operating their massive portfolio. During our conversation, Moshe shares insights into multifamily op...
Oct 31, 2023•48 min
In this episode, I dive into why now is a great time to start sharing your story and developing awareness of you and your investment criteria. I discuss how this can make finding deals and partners so much easier in the long run. It's all about building that top-of-mind presence in your market. I know many of you have been on the fence about sharing your story online, and I wanted to provide some motivation and encouragement to take that leap. Whether it's through email marketing, hosting meetup...
Oct 24, 2023•7 min
In this episode, I dive into a topic that's a little different from our usual discussions. We're talking about taking risks in your business or investments and how to approach them from a fear standpoint. One of the main reasons people hesitate to invest in real estate or scale their business is fear. It's completely understandable, but it shouldn't hold you back. As you listen to this episode, I encourage you to reflect on the ramifications of not making decisions and not taking risks. What opp...
Oct 20, 2023•12 min
In this episode, I dive into the telltale sign that an investor just doesn't "get it" when it comes to understanding the big picture and where value comes from in the real estate business. It's a topic that I'm really passionate about, and I've had multiple conversations recently that have inspired me to address it head-on. I discuss the importance of having an open mind and constantly seeking improvement in your mindset. I also touch on the dangers of approaching the business with a short-term ...
Oct 17, 2023•11 min
In this episode of the Multifamily Wealth Podcast, we discuss why buying multifamily real estate based on actual numbers is often not realistic. I explain that while many investors claim to buy on actuals, it rarely happens in practice. I also shared some mathematical examples to support this argument and highlighted a hypothetical scenario of a vacant 20-unit multifamily property with zero income. In this episode we discuss: The meaning of “buying on actuals” in real estate world Why buying mul...
Oct 13, 2023•10 min
Welcome back to the Multifamily Wealth Podcast! In this episode, we have a recurring guest, Peter Lohmann, owner of a prominent property management company in Ohio. Peter's insights into property management have shaped the strategies of many in the industry. With a strong presence in the small business and real estate communities, Peter's expertise shines through in understanding how to build and manage a successful property management company. In previous episodes, Peter delved into the distinc...
Oct 10, 2023•1 hr 10 min
Welcome to the Multifamily Wealth podcast, where we delve into the fundamental concepts of real estate investing. In this episode, we tackle a critical topic: positive leverage versus negative leverage. Join us as we define these concepts and dive into some essential math to illustrate their significance in today's rising interest rate environment. As interest rates continue to climb, understanding the nuances of positive and negative leverage becomes paramount for real estate investors. We brea...
Oct 06, 2023•13 min
Welcome to another captivating episode of the Multifamily Wealth Podcast! Today, we're diving into a conversation with Gabe Bodhi, a seasoned multifamily investor hailing from Denver. Gabe's impressive portfolio spans over 700 units, and he brings with him a wealth of knowledge honed during his Wall Street career. In this episode, we explore Gabe's unique perspective on risk in the real estate sector and how it shapes his investment decisions. You'll gain valuable insights as we dissect his busi...
Oct 03, 2023•57 min
Welcome to a quick solo episode of the Multifamily Wealth Podcast! In this episode, we're delving into a critical topic that dispels a common misconception among newer multifamily investors: the profitability of smaller multifamily properties compared to their larger counterparts. While many in the industry advocate for pursuing larger deals, this episode sheds light on the math behind why small multifamily properties can be just as, if not more, profitable. We'll start by defining "small" and "...
Sep 29, 2023•12 min
Welcome back to the Multifamily Wealth Podcast! In this episode, I'm joined by Scott Jacobson, an Indianapolis-based real estate investor with nearly two decades of experience. Scott's journey began with house hacking in the early 2000s and evolved into acquiring single-family and small multifamily properties. Over time, he transitioned to larger multifamily deals, sometimes using his own funds and often partnering with investors. We delve into Scott's fascinating story, including a deal from 20...
Sep 26, 2023•42 min
Welcome back to the Multifamily Wealth podcast! In this episode, I discuss the five crucial mistakes that multifamily investors must avoid in today's dynamic market: Buying heavy-value add deals with minimal upside Buying deals where you don't have a really solidified team that you trust in place to help you operate it Overestimating stabilized rents Closing a deal with minimal reserve capital behind the scenes Buying with the wrong financing or buying with financing that does not align with the...
Sep 22, 2023•16 min
Welcome back to another exciting episode of the Multifamily Wealth podcast! This week, we have an incredible guest, Reid Bennett, one of the nation's most successful multifamily brokers with over two decades of experience. Reid's achievements are nothing short of remarkable, holding positions such as National Council chair of multifamily properties for SVN International and being a CCIM. He's in the top 0.02% among 1,200 SVN Brokers Advisors nationwide and is also a coach at the prestigious Mass...
Sep 19, 2023•48 min
Welcome to the Multifamily Wealth Podcast! In this episode, we're diving into a crucial topic for multifamily investors: the difference between management-heavy value-add strategies and renovation-heavy ones. We'll explore how value is created in multifamily projects and why it's essential to understand this distinction. You'll discover that the real game-changer in multifamily investments often lies in improving property management, such as optimizing the rent roll, reducing expenses, or enhanc...
Sep 15, 2023•14 min
Welcome back to the Multifamily Wealth Podcast, where we're about to dive into an eye-opening episode with our guest, Paul Shannon. Paul brings a unique perspective to real estate investing, challenging the conventional wisdom. He's all about being market and asset-class agnostic, relentlessly pursuing the best risk-adjusted returns. In this episode, we dissect Paul's thought process, from evaluating risk and choosing markets to his innovative approach to raising capital. While Paul is raising m...
Sep 12, 2023•46 min
Welcome back to another insightful episode of the Multifamily Wealth podcast! In this quick solo episode, we're delving into four crucial aspects that all investors need to be vigilant about when navigating deals in the current market landscape. Unlike the common advice you hear on various podcasts, we're bringing you tactical and specific insights that can truly make a difference in your real estate investment journey. Struggling to find good multifamily deals? Looking to close deals with less ...
Sep 08, 2023•12 min
Welcome back to the Multifamily Wealth podcast! This week, we have a game-changing episode featuring Ross McArthur, a former SaaS executive turned real estate success investor. Alongside his partner Stan, they've achieved astounding growth, going from small to midsize multifamily properties and now syndicating large deals, all in just over three years. Ross's secret? Smart financial strategies, unbeatable deal-finding skills, and a commitment to making each dollar count. In this episode, we diss...
Sep 05, 2023•49 min
Welcome back to the Multifamily Wealth podcast! In this quick solo episode, we're diving into a critical concept for building a successful real estate business: fishing with a net, not a spear. We'll explore the mindset shift needed to consistently produce deals and attract investors rather than merely trying to find them. Discover why it's essential to focus on building an engine that generates deals and investors on autopilot, resulting in the rapid scaling of your business. Learn how to creat...
Sep 01, 2023•8 min
In today's solo episode, we dive deep into the critical world of revenue management in multifamily operations. Discover why it's the key to success in this industry and how it affects everything from occupancy rates to renewal rates. Whether you're a seasoned investor or just starting out, understanding the nuances of revenue management is crucial. So join us as we unpack the intricacies of this essential aspect of multifamily asset management. Don't forget to subscribe, rate, and review to help...
Aug 29, 2023•10 min
Welcome back to another episode of the Multifamily Wealth podcast! In today's solo episode, we're diving deep into the world of partnerships. Whether you're considering a business-level partnership or a joint venture at the deal level, it's crucial to think carefully about who you're partnering with and why. We'll explore a key concept: partnering with individuals who can be easily replaced by vendors. This concept can profoundly impact the dynamics and success of your partnership. We'll share e...
Aug 25, 2023•9 min
Enter the realm of real estate expertise with this episode featuring Iven Vian, a retired Air Force Lieutenant Colonel turned real estate powerhouse. Join us as we explore his 15-year journey through residential and commercial real estate, leading to the management of an impressive portfolio of over 3,700 units. In this illuminating conversation, Iven shares his meticulous approach to real estate operations, drawing from his military background and entrepreneurial spirit. As Anthem Capital’s Lea...
Aug 15, 2023•45 min
Discover the pivotal role of game selection in real estate investing with this enlightening podcast episode. Hosted by Axel Ragnersson, an accomplished investor, this discussion unveils the vital truth: choosing the right asset class is as critical as honing your skills. Learn how to navigate the diverse landscape of real estate and ensure your investment journey is backed by strategic decisions. Whether you're a novice or a seasoned pro, this episode unveils the power of aligning skill and asse...
Aug 11, 2023•9 min
Discover the art of consistent off-market multifamily deal sourcing in this engaging podcast episode featuring Justin Wawrzyniak. Transitioning from corporate life to a thriving real estate career in 2020, Justin brings his expertise to the forefront, guiding you through his journey and insightful strategies. Join us as Justin shares how determination and self-education fueled his escape from the 9-5 grind, propelling him towards multifamily real estate success. Leveraging his engineering backgr...
Aug 08, 2023•50 min
In this episode, learn how investing in top-tier experts actually leads to significant savings and increased earnings over the long term. Our insights challenge conventional thinking and provide actionable wisdom for both new and seasoned investors. If you're ready to optimize your investment approach and financial gains, this podcast is a must-listen. Tune in and unlock the potential of strategic investments today. Struggling to find good multifamily deals? Looking to close deals with less of y...
Aug 04, 2023•14 min
Join us for an inspiring podcast episode as we sit down with Lee Yoder, a former physical therapist turned passionate real estate entrepreneur and founder of Threefold Real Estate Investing. Lee shares his remarkable journey of transitioning from a medical professional to a successful multifamily investor. In this insightful conversation, Lee reveals his approach to organically growing a multifamily portfolio and the key strategies he employs to bring property management in-house. Learn how Lee'...
Aug 01, 2023•42 min
