Tue, 23 February 2021
Jay Several is a real estate investor and developer.
Jay is the Principal of Several Properties Group, a Cherry Hill, NJ-based developer and asset manager of value-add retail properties. Several Properties develops and manages properties in Pennsylvania, New Jersey, and New York. Jay is involved in every aspect of the development process for each property including location logistics and metrics, acquisition, financing, entitlement, leasing, construction, tenant fit-out, and asset management.
Since 2007 Mr. Several has been totally responsible for creatively re-developed vacant, obsolete, and abandoned properties into vibrant retail assets valued at over $ 40.0 million.
“Everything is about relationships. You can feel like you know what you’re doing, but to be able to confirm that, you have to have lots of friends in the industry. People that know you, they know what you can do. And when they have something, they will come to you.”
“Listen, watch, and do as much homework as possible. Start small and think big. If you have a lot to lose, put it on the line.”
3:38- Jay tells us about his background, how he got into real estate, and what he does
6:13- Jay talks about what point he made the transition from family housing to commercial projects
11:56- Jay shares how he knows he has found a strong candidate
17:30- Jay tells what his typical business model looks like
21:06- Jay gives his opinion on if new opportunities will arise from the pandemic
Tue, 9 February 2021
Brian Carberry is the senior managing director and editor of apartment guide & rent.com.
Brian has more than 15 years of experience as a content creator and award-winning journalist and is currently the senior managing editor of Apartment Guide and Rent.com. His work has been featured on CNN, Search Engine Land, Campaign Monitor, and a number of other organizations around the world.
“If you’re not paying rent, bank that money. Invest it in some way, put it in a CD, whatever you’re going to do, and get a little bit more for a down payment.”
“There’s always going to be a risk involved, as everyone knows with investing. Right now, that risk might be slightly higher, but I do think the market is going to rebound. I don’t think we’re always going to see these trends of these hot cities coming down. Just find that level of risk that you’re comfortable with. Whether it’s with investing, or really anything. And if you are comfortable with something, go ahead and do it. Don’t play the what-if game.”
4:27- Brian shares about his background and how he got into the real estate space
8:28- Brian talks about trends pertaining to rental rates
14:54- Brian talks about which parts of the country have seen the “boom”
20:44- Brian gives his opinion on if the new shared housing trend will cause an oversupply of rental properties not being utilized
Tue, 2 February 2021
Kyle Herring is a public adjuster and partner at Strategic Claims Consultants. Kyle has nearly 2 decades of experience as a public adjuster and has worked on major disasters across the country. This is one of those topics that a lot of investors don’t think about until disaster strikes. I think we can all agree, owning investment property is a great thing when things are going well, but what happens if your precious investment property sustains major damage or a complete loss? In today’s show, Kyle and I will discuss how to successfully navigate the claims process should you encounter an unfortunate loss to your investment property.
“100% of the time we can get you more money than your private insurance adjuster can. Just like you wouldn’t send your 1099 to the IRS and ask how much your taxes are, it’s the same with insurance. You need to tell them this is my benefit; this is my claim.”
“Don’t be penny-wise and dollar foolish. A few dollars saved on premiums could cost you tens of thousands on the backend whenever you actually need it to come to fruition.”
4:00- Kyle shares his background and talks about his firm and what they do
9:50- Kyle tells us what the important aspects are of hiring a public adjuster
15:55- Kyle gives interview tips for hiring and adjustor and tells what red flags you should look for