I covered a critical subject in this episode: drafting and presenting offers to brokers or sellers in the real estate market. I stressed that presenting your offer in an organized manner is crucial because it will determine how well-received it is and whether you can have a fruitful conversation with the seller. Applying a sandwich analogy, I dissect the offer presentation process into three main parts. The sandwich's top bun builds credibility, the bottom bun concludes with more justifications ...
May 03, 2024•10 min
Want to know the secrets behind a successful multifamily takeover process? Hey there, Multifamily Wealth Podcast listeners! I am thrilled to share with you our latest episode featuring Jered Sturm of SNS Capital Group. Jered is a seasoned investor with over 1,300 units under his belt, and his journey from a maintenance tech to a multifamily mogul is truly inspiring. With a background in construction and property management, Jered has organically grown his business over the last 15 years, focusin...
Apr 30, 2024•52 min
In this episode, I cover topics ranging from managing the infrastructure of our multifamily business to securing commercial loans without prior experience, and even touch on some creative acquisition strategies we're implementing. If you're curious about how we keep everything together behind the scenes, the strategies we use to secure commercial loans, or the innovative approaches we're taking to find distressed deals, this episode is for you. I'm excited to introduce this new format to the sho...
Apr 19, 2024•13 min
What's going on, everybody? Welcome back to another episode here on the Multifamily Wealth Podcast. In this episode, I'm chatting with a young investor based in Tampa, Florida. Gabe Bowling is who I have on the show today. Gabe Bowling, a 26-year-old investor, is the founder of Bowling Capital and The Deal Room community. He has retained ownership of $45 million in real estate, including 309 units across Florida and Missouri. Gabe previously worked at Cardone Capital, where he raised $100 millio...
Apr 16, 2024•1 hr 2 min
Hey everyone! In this episode of the Multifamily Wealth Podcast, I dive into the current real estate market trends and share some exciting updates from our real estate business, Aligned Real Estate Partners. I discuss our recent deal activity, including closing 37 units in Q1 of 2024 and our projections for the rest of the year. I also touch on the evolving lending landscape and how it's impacting our deal flow. Key Points Covered: - Quarterly update on closed deals and upcoming acquisitions - I...
Apr 12, 2024•14 min
Are you missing out on the secrets of distressed multifamily properties? In this episode of the Multifamily Wealth Podcast, we delve into the three primary types of owner distress that could be affecting your next investment opportunity. Join us as we uncover the nuances of ownership distress, debt distress, and operational distress in the multifamily market. Learn how to identify the signs of distress and leverage them to negotiate better deals and secure profitable investments. Tune in for val...
Apr 02, 2024•13 min
Are you tired of wasting time on repetitive tasks in your multifamily real estate business? In this episode of the Multifamily Wealth Podcast, we dive into three tactical productivity tips specifically designed for multifamily real estate investors. From creating an information depository to optimizing your email efficiency and utilizing email boomerang services, these tips will revolutionize how you operate your business. Tune in to discover how you can save time, streamline your processes, and...
Mar 29, 2024•11 min
Are you ready to scale your multifamily real estate investments and carve out your competitive edge? Well, buckle up because our latest Multifamily Wealth Podcast episode is a game-changer that you simply can't afford to miss! In this solo episode, I dive deep into the three critical skill sets that every successful multifamily real estate investor must master. Whether you're just starting out or you're a seasoned pro looking to refine your strategy, this episode is tailored just for you. I'll g...
Mar 22, 2024•10 min
Are you tired of constantly putting out fires in your real estate business? Do you find yourself dealing with the same issues over and over again? It's time to change your approach and start solving problems at their source. In our latest episode of the Multifamily Wealth Podcast, we dive deep into the concept of "going upstream" to tackle the root causes of challenges in your business, rather than the symptoms that keep you running in circles. Key topics we cover include: - The importance of id...
Mar 19, 2024•12 min
In this solo episode of the Multifamily Wealth Podcast, we dive into the shifting landscape of the multifamily real estate market. Join us as we explore the idea that the era of mom-and-pop-operated multifamily properties is drawing to a close. With the rise of education and resources, the market is becoming more efficient, and the opportunities to acquire mismanaged properties are diminishing. Here's a sneak peek of what we're unpacking: The Shift in Multifamily Real Estate: Discover why the da...
Mar 15, 2024•8 min
Get ready to supercharge your investment strategies because our latest episode is one you simply can't afford to miss. We're thrilled to welcome back David Toupin, an Austin-based real estate investor. David has an impressive track record of buying over a thousand units in his career, ranging from syndications to joint ventures. He is the founder of the Real Estate Lab, a software platform designed to streamline multifamily underwriting and organization. David's experience includes operating lar...
Mar 12, 2024•53 min
Are you ready to dive deep into the world of creative financing and seller financing strategies? Well, you're in luck because our latest episode of the Multifamily Wealth Podcast is a goldmine of information that you simply can't afford to miss! In this insightful episode of the Multifamily Wealth Podcast, we welcome back Christian Osgood, a seasoned expert in seller financing and creative financing strategies. Christian delves into the nuances of seller financing, sharing his approach to negoti...
Feb 20, 2024•47 min
Are you looking to dive into the world of passive investing in real estate syndications but have a ton of questions? Well, you're in luck! Our latest episode of the Multifamily Wealth Podcast is a treasure trove of insights just for you. In this special solo episode, I tackle the nine most frequently asked questions by prospective investors and LPs (Limited Partners). Whether you're a seasoned active investor or a curious LP, this episode is packed with valuable information to help you navigate ...
Feb 09, 2024•20 min
Welcome back to the Multifamily Wealth Podcast, where we dive deep into the intricacies of investing in multifamily properties. Today, we had the pleasure of speaking with McLane Hill, a seasoned multifamily appraiser from Boston, Massachusetts. McLane Hill is a multifamily-specific appraiser with extensive experience in the industry. After graduating from Trinity College in Connecticut, he began his career as a research analyst and has since worked on a wide range of appraisal assignments. Curr...
Feb 06, 2024•41 min
In this episode, we're taking a brief detour from our usual content to introduce our groundbreaking educational program: 7-Day Multifamily . This is the moment many of you have been eagerly waiting for, and we're thrilled to finally share it with you! 7-Day Multifamily is a comprehensive program designed to help both new and existing investors navigate the multifamily real estate landscape with confidence. With over a year in the making, this program is packed with actionable insights and strate...
Feb 02, 2024•7 min
Are you caught in the renovation decision dilemma? Struggling to choose between immediate renovations post-closing or pacing them out through cash flow? Well, you're not alone. In this solo episode, I dive deep into the pros and cons of renovating your multifamily property right after closing versus taking a more gradual approach. This isn't just about aesthetics; it's about strategy, capital allocation, and long-term financial health. In this episode, we discuss: The impact of renovation timing...
Jan 30, 2024•15 min
In this insightful solo episode of the Multifamily Wealth Podcast, we dive deep into the critical questions every Limited Partner (LP) should ask when faced with a capital call. Capital calls can be a sign of underlying issues in a deal, and it's essential for LPs to understand the implications and make informed decisions. Plus, I share an "honorable mention" question about the consequences of not contributing to the capital call and discuss the sunk cost fallacy, which is crucial for making inf...
Jan 26, 2024•13 min
Join us in this insightful episode of the Multifamily Wealth Podcast as we sit down with Sam Silverman, a highly successful capital raiser in the real estate industry. With over $70 million raised in investor capital in just under three years, Sam has become a go-to expert in the field. His background in tech sales and buyer profiling has equipped him with the skills to effectively connect with high net worth individuals, particularly those in senior sales leadership roles in the tech and softwa...
Jan 23, 2024•48 min
In today's episode, I want to discuss a topic that many investors are currently facing: how to tap into the equity in your investment property without having to sell or refinance. I know that many of you may have invested in properties a few years ago and now find yourselves with some equity. However, the current options for refinancing may not be as appealing as you had hoped. That's why I wanted to share some strategies on how you can access that equity without giving up your favorable first p...
Jan 19, 2024•10 min
Welcome back to the Multifamily Wealth Podcast, where we dive into the strategies and stories of successful real estate investors. In this episode, I had the pleasure of speaking with Andrew Freed, a dynamic real estate investor from Worcester, Massachusetts. He has rapidly grown his portfolio, currently owning approximately 125 units. Andrew started his real estate journey by leveraging the equity in his one-bedroom condo outside of Boston to purchase multiple rental properties. He then venture...
Jan 16, 2024•45 min
As we all dive headfirst into the exciting prospects of 2024, I've got something special to help you set the stage for a successful year in real estate investing. Are you feeling overwhelmed with the avalanche of advice on real estate investing? Do grand plans and complex strategies have you paralyzed rather than inspired? Our latest podcast episode is the antidote to your analysis paralysis. In this solo episode, I cut through the noise and lay out a straightforward, actionable plan for getting...
Jan 12, 2024•8 min
Join us in this insightful episode of the Multifamily Wealth Podcast as we sit down with Aleksey Chernobelskiy, a seasoned expert in the real estate sector. With a rich background that includes running STORE Capital's $10 billion commercial real estate platform, Aleksey brings a wealth of knowledge to the table, especially in underwriting and portfolio management. In our conversation, we delve into the unique niche Aleksey has carved out in advising LPs (limited partners) on investing in syndica...
Jan 09, 2024•52 min
In this solo episode, I get real about the importance of setting up checks and balances in your real estate business. I share a personal story from my first deal back in 2016, where a lack of due diligence led to a challenging situation when it came time to sell. Trust me, you don't want to miss these lessons learned the hard way! I also sprinkle in actionable advice on how to leverage property management services, the importance of using attorneys for legal documentation, and why you should alw...
Jan 05, 2024•10 min
In this quick solo episode, I dive deep into the art of setting process-oriented goals. Forget the flashy endgame metrics that everyone's talking about. Instead, I'll walk you through the actionable steps that will truly drive your multifamily investment success in the coming year. Typically, around this time of year, there's a surge in content about goals for the upcoming year, with many focusing on outcome metrics like units acquired, deals done, or revenue generated. While these give us a dir...
Dec 26, 2023•7 min
In this solo episode, I dive deep into a critical question that every multifamily investor should be asking: "Where is the highest and best return for my dough?" It's a question that might seem straightforward, but as you'll hear, the answer requires a thoughtful approach, especially in today's market. I'll walk you through real-life scenarios, comparing the potential returns of investing in new properties versus optimizing your existing portfolio. From painting common areas to adding amenities,...
Dec 22, 2023•9 min
In this quick solo episode, I've distilled the essence of breaking into commercial multifamily investing into five actionable steps, which is packed with valuable insights tailored specifically for newcomers eager to dive into the world of multifamily investing, as well as residential investors poised to make the leap into the commercial multifamily space. In this episode, we discuss: What are the five steps new investors should take when breaking into commercial multifamily or transitioning fro...
Dec 19, 2023•11 min
In this episode, I dive into a topic that many active multifamily investors struggle with - how to structure partnerships when working with just one large LP or money partner. I share a simple partnership structure that can help you navigate this process effectively. Please note that while I provide conceptual advice, it's important to consult with an attorney to ensure compliance with legal requirements. Throughout the episode, I walk you through a hypothetical situation, explaining how I perso...
Dec 15, 2023•8 min
In this episode of the Multifamily Wealth Podcast, I sit down with Sharad Mehta, founder and CEO of REsimpli. With over 50 doors in his rental portfolio, 45 of which are paid off, Sharad is not only a successful real estate investor but also a leading expert in real estate-specific CRMs. During the conversation, Sharad shares his insights on the importance of using a CRM for real estate investors, particularly when it comes to direct-to-seller marketing. He emphasizes the value of streamlining a...
Dec 12, 2023•41 min
In this episode of the Multifamily Wealth Podcast, we sit down with Neal Bawa, a highly regarded syndicator in the real estate industry. With a background in technology and data science, Neal brings a unique perspective to the world of real estate investing. He has successfully invested in various asset classes, including multifamily, industrial, mobile home parks, self-storage, and built-to-rent communities. During our conversation, Neal shares his data-driven approach to market selection and u...
Dec 05, 2023•44 min
In this episode, we discuss the importance of offering multiple leasing options and incentives to prospective residents. We dive into the strategies used by sophisticated multifamily owner-operators and how they can be applied to maximize success in your own business. If you're currently leasing units in the winter, I highly recommend considering 18-month leases to incentivize residents to stay longer. I also touch on the option of shorter leases, such as six or nine months, to help you get on a...
Dec 01, 2023•9 min
