Today's Flash Back Friday Episode is from Episode #92, which originally aired on November 2, 2015.

Our guest for this week’s show is commercial real estate investor and developer, Ray Alcorn. I have studied Ray’s teachings for many years and was very excited when we finally landed him as a guest on our show.  Since 1980, Ray has been active in the acquisition, sale, development, financing, and equity placement of income producing properties valued at over $250,000,000. His experience covers a wide range of real estate, including retail, office, multi-family, manufactured housing, hotel and restaurant properties.

In this show with Ray you’re going to learn:

• How Ray got his start in the Real Estate business by doing various low paying jobs for his father who then owned a large mobile home retailer.
• Why he decided to leave the comfort of his family business at a young age to venture out and do his own development deals.
• The reasons why he feels that the 12 years spent on the board of his local planning commission were the years where he obtained his best real estate education.
• Why Ray says that you should never waiver from your investment criteria…no matter what.
• Why he feels that we’re on the verge of another market correction and how he plans on dealing with it.
• Ray shares with us his proven process of repositioning value-add office properties.
• What advice he would give himself if he could go back and have a conversation with himself when he was just getting started.
• Why he encourages new investors to get their feet wet by working for a professional property management company.
• And much more

Learn About Investment and Partnership Opportunities with Kevin and His Team 

Recommended Resources: 

• Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com
• Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA
• Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals!
• Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Today's Mobile Home Park Episode is from Episode #24. 

Learn About Investment and Partnership Opportunities with Kevin and His Team 

Recommended Resources: 

• Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com 
• Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA 
• Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals! 
• Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com 
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2  

Jerome Maldonado began his career in direct sales, where he was first introduced to team building, sales techniques, and real estate concepts.  

In 1997, Jerome began to explore business outside the direct sales arena, which led him to be the pioneer of a new construction company which he took to seven figures in less than one year. With much success came the need for expansion. Understanding the simple concepts and benefits of leasing real estate, he purchased multi-use retail and commercial property to house his business. Over the span of his 20+ year real estate career, Jerome has done over $200 million in transactions, with $52 million in 2021 alone. 

Quote:  

“I didn’t build this business model for you. I didn’t go out and say I was going to build an educational platform to teach people how to do this.  I built this business model for myself, for my family.”

Highlights:  

06:33: How Jerome built his real estate experience in the construction industry

08:55: Jerome shares how he’s built a diverse business across several industries over the years

12:30: Why the key to moving past feeling is stagnant is mindset

13:40: Using NFTs in real estate investing

21:00: Unique ways of building Class A apartment complexes

24:50: How to build a real estate business that works for you

27:32: Protecting your investments when you know a change in the market is coming

36:30: Jerome’s toughest deal and got creative to move through it 

Guest Website: https://jeromemaldonado.com/

Recommended Resources:

• Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com
• Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA
• Accredited Investors: Click Here to learn more about partnering with me and my team on Mobile Home Park deals!
• Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them - MobileHomeParkAcademy.com
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link: https://www.timetrade.com/book/KV2D2 

Today's Flash Back Friday Episode is from Episode #135, originally aired January 30, 2017.

Our guests for this week’s show is commercial real estate expert, Brian Murray

In today’s show, we’re going to be speaking with Brian about how he went from being a school teacher with absolutely zero real estate to full-time commercial real estate investor with a multi-million dollar portfolio valued in the 10’s of millions. And if that isn’t enough to impress you, what if I told you his very first commercial deal was a 50,000 sq. ft. office building. Strap your seatbelts on, kids, this is one ride that you’ll want to hang on for!

Here’s What You’ll Learn:

• How he transitioned from school teacher with zero real estate experience to doing his very first commercial real estate deal, which was a 50,000 sq. ft. office building
• How he was able to creatively structure the financing on this property even though it was only 50% occupied at the time of closing.
• How he was able to quickly take the property from a point that it was just breaking even to making a substantial positive cash flow each month.
• Lessons on how to successfully own and manage a variety of commercial asset types versus just focusing on one type.
• The process of converting a prior extended stay hotel into a highly desirable apartment building.
• How Brian utilizes a “low pricing” strategy in one of his apartments in order to beat out the competition and why he feels this is the most profitable way to run this particular property.
• How to make the switch from smaller real estate investments and transition into larger commercial deals.
• A few tidbits on how to find the heavy hitter investors within a particular marketplace and how to establish a relationship with them.
• Why Brian feels that every investor needs to learn the landlord business firsthand prior to outsourcing to a 3rd property management company.
• And much more

Learn About Investment and Partnership Opportunities with Kevin and His Team 

Recommended Resources: 

• Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com
• Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA
• Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals!
• Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Today's Mobile Home Park Episode is from Episode #18. 

Learn About Investment and Partnership Opportunities with Kevin and His Team 

Recommended Resources: 

• Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com 
• Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA 
• Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals! 
• Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com 
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2  

Greg Dickerson is a Real Estate Expert.

Greg is a serial entrepreneur, real estate developer, coach, and mentor. He has bought, developed, and sold over $250 million in real estate, built and renovated hundreds of custom homes and commercial buildings, developed residential and mixed-use subdivisions, and started 12 different companies from the ground up. 

Quote:

“You never ever—real estate development 101— you never buy a piece of land until you get all of your entitlements fully permitted and ready to go… What I do is I get a minimum of 60-90 days of feasibility period; where I get 60-90 days to study the property just to see if [the property] will even work.”

“If you’ve been waiting to buy a house, your time is coming. The ones that can drop prices the quickest and will drop first are going to be the home-builders.”

Highlights:

02:39 - Greg tells listeners more about his background in real estate.

06:02 - Greg dives into the acquisitions he’s done since the last time he was on the show.

10:24 - Greg details his strategy of how he ties-up land with no money, what he’s been doing after the pandemic, and market shifts.

19:08 - Greg discusses what to avoid during hotel to multifamily conversions.

22:37 - Greg offers his thoughts on the state of the world and the impact on the future of the real estate and the advice he offers his students.

34:53 - Greg touches on opportunistic approaches before the pandemic.

Take a look at our discussion before the pandemic, Episode #233: Hotel Investing, Entrepreneurship, and Grit -- with Greg Dickerson

Guest Website:

https://www.dickersoninternational.com/

Recommended Resources: 

• Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com 
• Self Directed IRA Investment Opportunity –  Click Here To Learn More About How You Can Invest With Us Through Your SDIRA 
• Accredited Investors  Click Here  to learn more about partnering with me and my team on Mobile Home Park deals! 
• Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com 
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2  

Today's Flash Back Friday Episode is from Episode #83, which originally aired on August 17, 2015.

This week we're going to speak with Leslie Himmel of Himmel and Meringoff which is a commercial investment firm based in Manhattan. Leslie is as big as they come as she was recently recognized as the highest-ranking female landlord in New York's commercial real estate market, which is quite an impressive feat.

Honestly, I can't even fathom the sheer magnitude of the portfolio that Leslie has built, which consists of more than 2 million square feet of Manhattan commercial real estate with an estimated value of over $500 million. Listen in as she shares how she’s built such a successful empire.

Learn About Investment and Partnership Opportunities with Kevin and His Team 

Recommended Resources: 

• Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com
• Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA
• Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals!
• Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Today's Mobile Home Park Episode is from Episode #10. 

Learn About Investment and Partnership Opportunities with Kevin and His Team 

Recommended Resources: 

• Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com 
• Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA 
• Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals! 
• Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com 
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2  

Zach Lemaster is a Real Estate and Investment Expert.

Zach is a seasoned real estate investor that has accumulated a large portfolio of rental properties across multiple markets including single-family, multifamily, commercial and new construction. Zach started his real estate investment journey while working as an Optometrist & Captain for the US Air Force. The cash flow from his real estate investments eventually allowed him to retire early from his career in medicine to be a professional investor by strategically investing in markets that maximize cash flow, appreciation & equity. 

Quote:

“It's often difficult to have new constructions that are still positive cashflow… so part of our goal is to identify markets throughout the US where we can come into an area, have a build-to-rent model for investors to participate in and to purchase, where they can still have positive cash-flow, strong appreciation, low maintenance…and immediate equity.”

Highlights:

01:58 - Zach tells listeners more about his background in real estate.

04:25 - Zach details his transition from running his own practice to being a full-time investor.

08:30 - Zach discusses his thoughts on rent premiums and build-to-rent models.

15:05 - Zach provides insight into lending, debt, fee development, and more.

17:05 - Zach touches on managing material prices, rent control, and retail markets.

28:53 - Zach talks about managing downsides during inflation.

Guest Website:

https://renttoretirement.com/

Recommended Resources: 

• Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com 
• Self Directed IRA Investment Opportunity –  Click Here To Learn More About How You Can Invest With Us Through Your SDIRA 
• Accredited Investors  Click Here  to learn more about partnering with me and my team on Mobile Home Park deals! 
• Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com 
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2  

Our guests for this week’s show are real estate experts and brothers, Andrew & Phillip Syrios

Our show with Andrew and Phillip is going to be somewhat unconventional today because we’re going to be talking about single family investing and why Andrew and Phillip choose to invest in single family over multifamily or commercial.  And as you guys are probably already aware, I’m not a huge fan of single family investments but Andrew and Phillip take a larger scale approach to their investment philosophy, which I can respect.

Here’s What You’ll Learn:

• How Andrew and Phillip got their start in the real estate game and why they prefer single family portfolios versus multifamily and commercial.
• What they love about investing in the mid-western part of the country and why they decided to focus all their investment efforts there.
• The power of building rapport with a seller and how it doesn’t always come down to the highest offer but rather the sellers’ personal feelings towards you – rapport is king!
• How to build a successful property management company versus outsourcing to a 3rd party management firm.
• The difference between a Tenant in Common a.k.a. TIC and a Syndication arrangement.
• The importance of completing a thorough walk-through of each and every unit and how not doing this can burn you big-time.
• The dangers of underfunding capital improvements on the front-end of a new acquisition and using the cash-flow to supplement those improvements and why this is a big no no.
• The secret to finding the best tenants, even in the less desirable areas of town.
• And much, much more

 Recommended Resources

• Check out our company and our investment opportunity by visiting SunriseCapitalInvestors.com
• Self Directed IRA Investment Opportunity – Click HereTo Learn More About How You Can Invest With Us Through Your SDIRA
• Accredited Investors Click Hereto learn more about partnering with me and my team on Mobile Home Park deals!
• Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid themcom
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Today's Mobile Home Park Episode is from Episode #83 that originally aired on August 17, 2015. 

Learn About Investment and Partnership Opportunities with Kevin and His Team 

Recommended Resources: 

• Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com 
• Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA 
• Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals! 
• Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com 
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2  

Chad Griffiths is an Industrial Real Estate Expert.

Chad has more than 16 years of experience in industrial real estate and has completed over 500 transactions with clients ranging from local companies to large institutional owners. Chad has been a top 15 producer country-wide since 2013 and is a partner with his local firm. In addition to earning SIOR and CCIM designations, Chad has a Diploma in Urban Land Economics from UBC and an MBA from Thompson Rivers University. Chad has given numerous interviews locally and nationally regarding the commercial real estate market and has had articles published in Forbes, Western Investor, and Real Estate Magazine.  

Quote:

“I think industrial real estate should scare the average investor—I think that they really should go into it eyes wide open, that if they make a mistake there can be catastrophic losses. I also think there’s an opportunity to make really big gains.”

“That’s the number one thing I recommend to people—suspend the idea that you’re collecting rent and look at that property as if it were vacant. And if you can wrap your head around paying the price that you are being asked, then you can start creating fancy models.”

Highlights:

02:27 - Chad tells listeners more about his background in real estate.

06:12 - Chad dives into his first acquisition.

15:34 - Chad details what he would’ve done differently on his second deal, how you can navigate industrial deals and replacement costs.

21:00 - Chad discusses his thoughts on gauging unit prices and outcomes.

22:15 - Chad provides insight into underwriting the tenant and their company's financials.

31:36 - Chad touches on triple-net leases. managing material prices, rent control, and retail markets.

34:33 - Chad explains his most challenging deal and what he could have done differently.

Guest Website:

Chad's youtube channel

Chad's twitter

Recommended Resources: 

• Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com 
• Self Directed IRA Investment Opportunity –  Click Here To Learn More About How You Can Invest With Us Through Your SDIRA 
• Accredited Investors  Click Here  to learn more about partnering with me and my team on Mobile Home Park deals! 
• Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com 
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2  

Today's Flash Back Friday Episode is from Episode #131 that originally aired in December of 2016.

Bill’s experience spans more than 35 years and includes the acquisition, development, and/or sale of more than $4 billion of real estate and real estate-related investments, including 50,000 units of multi-family, 1.5 million square feet of retail, and 5 million square feet of office and industrial properties.

I think it’s safe to say that Bill has been there and done that and I’m positive that you’ll gain a ton of knowledge from our time spent together.

 Here’s What You’ll Learn:

• How he got his start in the brokerage side of the business before transitioning into land development.
• Why Bill feels being a broad-based value-add opportunistic investor versus an asset specific investor has been a big part of his overall success.
• Details on a recent $48.5 million dollar retail power center acquisition in Reno, NV, and his plans to take the center from 71% occupancy to 93%+ within the first year. In fact, hear the details on how his team was able to secure a good amount of LOI’s on the vacant space before even closing on the property.
• The reasons behind his companies short-term hold strategy and why he focuses on an average of a 3-year hold versus long-term cash flow plays.
• The challenges that he feels the retail sector is facing in the future and how his firm is adapting to these market shifts.
• What his crystal ball is telling him about the real estate recovery and what his company is doing to prepare for any coming shifts.
• Why he is a firm believer in the old adage “you make your money on the buy”
• Why he suggests that every real estate investor reads “margin of safety” by Seth Klarman but I will warn you, the book is no longer in print and a used copy will run you $800 on amazon.
• Why reputation and integrity are everything in this business and why he feels that these two items should be first and foremost when building your business.
• And much more

Recommended Resources:

• Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com
• Download my free success guide, “7 habits of highly successful multi-family investors” by going to KevinBupp.com/guide
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2
• Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here https://www.timetrade.com/book/KT36S