Fri, 13 May 2022
Today's Flash Back Friday Episode is from Episode #167, which originally aired on January 09, 2018. Our guest for today’s show is real estate investment expert and managing partner of Gelt Inc, Keith Wasserman. Keith founded Gelt, Inc. in 2008 during the height of the recession and financial meltdown. Keith has been involved in the acquisition of several commercial, industrial, and residential properties totaling over $1 billion in assets. He oversees the company’s operations, marketing, investor relations, acquisitions, leasing, development, and disposition services. In addition to his commercial and multifamily activities with Gelt, Keith recently co-founded Happy Home Communities which focuses on the manufactured housing niche. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 11 May 2022
Today's Mobile Home Park Episode is from Episode #47. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Mon, 9 May 2022
Jeremy Mercer is an industrial real estate expert and founder of Matador Capital. Matador Capital is a private equity firm that focuses on industrial warehouses, manufacturing facilities, flex space, service-based industry sectors, lending on commercial real estate assets, and land acquisition with an intermixing of multi-family and retail property sectors throughout greater TX. Quote: “I always say that you must be present to win. Finding the right timing happens if you show up all the time.” Highlights: 04:55: How industrial real estate has shifted over the last 15 years 06:30: Using private equity to build your portfolio 07:35: Where Jeremy is finding deals in today’s market 11:00: Why low coverage outdoor storage properties are great leasing opportunities 16:55: The difference between purchasing existing properties vs. new development 19:15: Abundance vs. scarcity mindset when working with your peers 22:50: Why building owners are more educated about their offers now and how to work with that 26:45: Mitigating inflationary risk in industrial real estate without falling too far behind Guest Website: https://www.matador-capital.com/ Recommended Resources:
|
Fri, 6 May 2022
Today's Flash Back Friday Episode is from Episode #159, which originally aired on December 30, 2017. Glenn is a landlord from Iowa who has an incredibly unique and very appealing niche in the real estate space. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 4 May 2022
Today's Mobile Home Park Episode is from Episode #35. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Mon, 2 May 2022
Kathy Fetke is Co-CEO of RealWealth and best-selling author of Retire Rich with Rentals. She is an active real estate investor, licensed real estate agent, and former mortgage broker, specializing in helping people build multi-million dollar real estate portfolios that generate passive monthly cash flow for life. With a passion for researching real estate market cycles, Kathy is a frequent guest expert on CNN, CNBC, Fox, Bloomberg, NPR, CBS MarketWatch and the Wall Street Journal. She was also named among the “Top 100 Most Intriguing Entrepreneurs” by Goldman Sachs two years in a row. Her company, RealWealth, offers free resources and cutting-edge education for beginning and experienced real estate investors. Kathy is passionate about teaching others how to create “real wealth,” which she defines as having both the time and the money to live life on your terms. Quote: “I shifted everything to, ‘How do I create passive income?’ I’d heard about rich people who lived off of their money and I just didn’t understand any of that. So I thought I would use my little radio gig to find out...and that’s how RealWealth was created.” Highlights: 6:07: How to use the resources you have to achieve passive income 9:55: Leveraging your network to learn about how to live off your investments 11:55: Kathy reflects on how much the investment real estate market has shifted 15:00: Exploring different types investment opportunities 18:45: How Kathy is navigating rising interest rates to mitigate risk 26:00 Kathy’s advice on how to structure your business so you have more freedom and time 30:30: Finding investment opportunities outside of real estate Guest Website: https://realwealth.com/ Recommended Resources:
|
Fri, 29 April 2022
Today's Flash Back Friday Episode is from Episode #92, which originally aired on November 2, 2015. In this show with Ray you’re going to learn:
Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 27 April 2022
Today's Mobile Home Park Episode is from Episode #24. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Mon, 25 April 2022
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:
|
Fri, 22 April 2022
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:
Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 20 April 2022
Today's Mobile Home Park Episode is from Episode #18. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Mon, 18 April 2022
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.” 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:
|
Fri, 15 April 2022
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:
|
Wed, 13 April 2022
Today's Mobile Home Park Episode is from Episode #10. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Mon, 11 April 2022
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:
|
Fri, 8 April 2022
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:
Recommended Resources
|
Wed, 6 April 2022
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:
|
Mon, 4 April 2022
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: Recommended Resources:
|
Fri, 1 April 2022
Today's Flash Back Friday Episode is from Episode #131 that originally aired in December of 2016. 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:
Recommended Resources:
|
Wed, 30 March 2022
Today's Mobile Home Park Episode is from Episode #98 that originally aired on January 4, 2016. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Mon, 28 March 2022
Brad Sumrok is a Real Estate and Multifamily Investment Expert. Brad is a nationally known educator and mentor in the multifamily investment space. Getting his feet wet back in 2002, he has since owned over 8,000 apartment units throughout 11 US markets. In addition to his own investment endeavors, Brad has taught thousands the proven, time-tested essentials of how to profitably invest in Apartments buildings and find their fast path to retirement and passive income through his rat race to the retirement training program. Quote: “The way we are underwriting deals will be different than three months from today.” Highlights: 02:18 - Brad tells listeners more about his background in real estate. 07:05 - Brad dissects his first real estate deal. 15:14 - Brad discusses his thoughts on modern business models and insight from his mentors. 23:46 - Brad talks about rent growth, underwriting opportunities, and projections. 29:00 - Brad provides insight into how he guides his students through rent projections and underwriting. 32:04 - Brad discusses the impact of the Russia-Ukraine war on real estate. 34:46 - Brad dives into what he’s excited about outside of real estate. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Fri, 25 March 2022
Today's Flash Back Friday Episode is from Episode #115 that originally aired in June 2016. In today’s show, we’ll be speaking with Alan in detail about the opportunities that exist in investing in NNN credit tenant properties and why he feels that this investment type represents some of the lowest risk and most passive forms of real estate investments that exist. Alan eats, sleeps, and breathes NNN investments on a daily basis and it shows during our time together. If you’ve never considered NNN credit tenant investments as a potential investment vehicle, then you really need to listen in as you might just come to the realization that NNN investments are a perfect fit for your investment model. In this show with Alan you’re going to learn:
Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 23 March 2022
Today's Mobile Home Park Episode is from Episode #118 that originally aired on July 02, 2020. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
Artwork
|
Mon, 21 March 2022
Orest Mandzy is a commercial real estate expert. Orest is a Managing Editor of Commercial Real Estate Direct. Orest has been at the forefront of reporting financial news and information for over 3 decades now, and for more than 20 of those years, he’s been leading the charge at Commercial Real Estate Direct, the leading resource for the commercial real estate investment space. Quote: “What happens in the office market will influences how well the retail market works in New York.” Highlights: 01:57 - Orest tells listeners more about his background in real estate. 04:25 - Orest details the most unexpected commercial outcomes he saw over the past two years. 08:30 - Orest discusses his perspective on CNBS debut and fallout within the hospitality space. 13:18 - Orest talks about the future of the New York City commercial real estate market. 15:07 - Orest provides insight into the re-adaptive use of commercial properties. 17:36 - Orest touches on rent control. 20:05 - Orest explains what it was like taking over a company and the biggest lessons learned. 24:50 - Orest talks about the biggest trends within the last decade. 28:54 - Orest dives into crowdfunding. 31:50 - Orest discusses the future of Build-to-Rent. Guest Website: https://crenews.com/ Recommended Resources:
|
Fri, 18 March 2022
Today's Flash Back Friday Episode is from Episode #81 that originally aired in August of 2015. Our guest for this week’s show is Real Estate Expert and founder of the Value Hound Academy, Craig Haskell. Craig has devoted over 25 years to value real estate investing, has owned and managed 7,200 units and 2.8 million square feet of commercial space, and provided advisory services on over $2 billion in value. Craig is also the author of How to Take an Apartment Building from Money Pit to Money Maker, Secrets of Successful Apartment Buildings, and A Guide to Creating Successful Apartment Advertisements. Craig is also the founder of the Value Hound Academy, which is a community of real estate professionals – agents, lenders, investors, managers, and service providers who want to capitalize on today’s great buying opportunity, syndicating their own deals using a value investing approach. Craig's understanding of real estate value investing is reinventing the way value investors do business to achieve high-risk adjusted returns. As an inspiring leader and in-demand speaker, trainer, and coach, Craig has helped thousands of investors and organizations around the world to become more successful value real estate investors. Here are a few things you’ll learn in our interview with Craig today: § What attracted Craig to commercial real estate § When and how he finally realized that syndication was the way to wealth in commercial real estate § The lessons he learned from his first few deals § How he was able to acquire more than 1500 units within his first few years as a syndicator § What exactly syndication is and why you should start syndicating now if your goal is to big massive wealth as a real estate investor § The importance of a pitch book when raising capital from investors § Why it’s vitally important to have laser focus in this business if your desire is to grow a multi-million dollar portfolio. § How to get raise capital for your first deal even with zero track record by forming an advisory board § Why he suggests that your first commercial syndication should be a smaller-sized deal, preferably under $1 million. § Which comes first, the deal or the money? § What the daily responsibilities of real estate a syndicator/sponsor are. § How you "the sponsor" can get paid multiple ways in a syndication § What Craig would have done differently in his RE business if he could go back and do it over again § How the changes in the general solicitation laws have made it easier to advertise your deals to potential investors § And much more Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 16 March 2022
Today's Mobile Home Park Episode is from Episode #129 that originally aired on March 12, 2021. Recommended Resources:
|
Mon, 14 March 2022
Kavitha is a real estate expert. Kavitha is the Founder of Cherry Street Investments, an Austin-based firm that focuses on multifamily, build-to-rent, and senior care facilities. Prior to real estate, she spent almost 20 years as a Technology Professional working for IBM in various roles across Software Development, Customer Services, Partner Relations, and Technical Account Management. Quote: “There’s a whole bunch of little things involved before we can take land and make it a buildable piece of land—what we call ‘shovel ready.'” Highlights: 01:50 - Kavitha tells listeners more about her background in real estate and her first major real estate investment. 07:27 - Kavitha talks about why and how she started to diversify outside of multifamily acquisitions. 12:23 - Kavitha discusses the ins and outs of land entitlement and how she adds value. 21:18 - Kavitha dissects her build-to-rent strategy. 24:55 - Kavitha touches on the projects she’s most excited about. Guest Website: https://cherrystreetinvestments.com/ https://www.youtube.com/channel/UC9bBQxO27S3Vf_rWRqBGceg https://www.linkedin.com/in/kbaratakke/ Learn About Investment and Partnership Opportunities with Kevin and His Team |
Fri, 11 March 2022
Today's Flash Back Friday Episode is from Episode #120 that originally aired in August of 2016. In today’s show, we’ll be speaking with the President of Stewardship properties, Bill Syrios. More specifically, we’ll learn how Bill got his start as a real estate investor while working as a campus pastor at the University of Oregon. And although Bill is well versed in most types of real estate, today we’re going to focus on the student housing niche and what lessons he’s learned during his time within this segment. I’m absolutely positive that you’ll gain massive value from our show together and will be both inspired and motivated by Bill’s story. In this show with Bill you’re going to learn:
Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 9 March 2022
Today's Mobile Home Park Episode is from Episode #34 that originally aired on Nov 15, 2016. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Mon, 7 March 2022
#405: Investing While Working Full-Time, Cincinnati Real Estate, and so much more!- with Jay Balekar
Jay Balekar is a Real Estate Investment Expert. Jay is a principal at Compounding Capital Group, a private real estate investment firm that operates more than 5,000 multi-family units in 14 cities, across 8 states. Jay is a successful business and technology leader with roots in technology consulting. Jay started investing in real estate in 2015 to diversify his investment portfolio. Jay grew passionate about real estate after doing his first few multi-family repositioning deals after realizing the true potential of real estate to create generational wealth, passive income, tax benefits, and a positive impact on society by providing people the most basic need of housing. Quote: “One thing I realized was when you actually work as a team, you’re not doing everything yourself…everything is shared which is the biggest benefit when investing together with other people. In retrospect, if there is one thing I could change, I would probably start investing in a group with other people earlier than I did.” “The lessons learned in any heavy-lift type of project is that whatever you estimate the rehab cost is going to be, just assume it’s going to be 2x…and have enough money raised.” Highlights: 02:22 - Jay tells listeners more about his background in real estate and his first major real estate investment. 06:32 - Jay dissects how he moved forward after his first major deal and after having no more capital to invest. 08:20 - Jay discusses the challenges he faced during his first renovation project. 15:07 - Jay talks about the lessons he learned that he carries with him into new investments. 16:37 - Jay provides insight into self-management investments and why his company decided to go vertical instead of outsourcing property management. 21:10 - Jay discusses benefits and opportunities within the Cincinnati market and why he invests in it. 23:33 - Jay dives into the real estate team he put together and everyone’s role. Guest Website: https://www.facebook.com/CompoundingCapitalGroup/ https://www.linkedin.com/in/jaideepbalekar/ https://www.compoundingcapitalgroup.com/ Recommended Resources:
|
Fri, 4 March 2022
Today's Flash Back Friday Episode is from Episode #95 that originally aired in December of 2015. Our guest for this week’s show is Real estate expert, Alan Pollack. Alan brings a broad range of investment experience to the table and brings a ton of knowledge to our discussion today. Probably one of the most impressive things about Alan and his business is the way that he’s been able to quickly change gears and re-adapt to the ever-changing real estate investing landscape. Being able to master this skill of re-adoption is by far one of the most important traits of any successful real estate investor…especially if you plan on making this a lifelong career. In this show with Alan you’re going to learn:
Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 2 March 2022
Today's Mobile Home Park Episode is from Episode #21 that originally aired on Aug 18, 2016. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Mon, 28 February 2022
Jeff Copeland is a Real Estate Investment Expert and fellow Tampa Bay resident. Jeff is the Co-Founder of Copeland Morgan, LLC, a multifaceted real estate firm that handles everything from direct investments, brokerage, property management, and construction services. Quote: “I think there are still ways to stay competitive in [the Tampa Bay] market and one of them is the infamous Value-Ad property…negotiate and buy it based on how its performing now with a realistic plan for year 1, year 2, and what are we going to do to help it cash-flow better, generate more income, and reduce the expenses.” “Rents are always going to lag real estate prices because most leases are locked in for a year or so, and so you see them jump on an annual basis where the sales prices go up on an even curve.” Highlights: 02:32 - Jeff tells listeners more about his background in real estate. 06:32 - Jeff dissects Tampa Bay market growth. 08:26 - Jeff discusses how investors can stay competitive in his market. 10:24 - Jeff and Kevin talk about rent growth and trends. 16:04 - Jeff provides insight into investments trends outside of apartments and single-family based on Tampa’s competitive market. 17:31 - Jeff discusses opportunities for other investors across Tampa and different counties. 21:13 - Jeff dives into what he’s excited about outside of real estate. Guest Website: Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Fri, 25 February 2022
Today's Flash Back Friday Episode is from Episode #79 that originally aired in July of 2015. This week we're going to be speaking with commercial real estate expert and 30+ year industry veteran, Bruce Stein. Bruce has experience throughout many different sectors of real estate including hotels, office, multifamily, industrial, retail and single-family residential. He has managed portfolios valued in excess of $850 million, brokered transactions of more than $1 billion, and raised hundreds of millions of equity for various projects - to put it short, he's a big time player who has a lot of valuable firsthand experience to share with us today. Here’s a few things you’ll learn in our interview with Bruce today:
Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 23 February 2022
Today's Mobile Home Park Episode is from Episode #3 that originally aired on June 16, 2016. Recommended Resources:
|
Mon, 21 February 2022
Sam Liebman is the Founder and Managing Member of Wealthway Equity Group. Quote: “When you want to improve cash flow, take a look at the available financing that's out there that I don’t think is going to last forever.” “When you have 65% of the building leased and occupied, how are you going to get financing?… so I think you are going to be able to pick up these retail and office buildings at bargain-based prices soon.” Highlights: 02:03 - Sam tells listeners more about his background in real estate. 10:20 - Sam dissects why he was investing in Austin, Texas markets during the 2008 recession. 15:37 - Sam discusses the mistakes the previous owner on his Austin made. 18:50 - Sam talks about what he and his company are doing currently. 25:01 - Sam explains the re-adaptive use of properties and predicts future market shifts. Guest Website: https://samliebman.com/ Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Fri, 18 February 2022
Today's Flash Back Friday Episode is from Episode #189 that originally aired in June of 2018. Chuck has been in the car wash business for more than 47 years. Along with his three children, he is the owner, President, and CEO of Autobell Car Wash, Inc., which was founded in Charlotte, NC in 1969. With 76 full-service locations in North Carolina, South Carolina, Virginia, Georgia, and Maryland, Autobell is one of the largest conveyorized car wash chain in the United States. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 16 February 2022
Today's Mobile Home Park Episode is from Episode #105 that originally aired on February 19, 2019. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Mon, 14 February 2022
Robert Levy is a Real Estate Expert and Managing Partner at LBX investments. LBX Investments is a diversified commercial real estate investment firm that prides itself in its proprietary, research-driven approach to identifying and investing opportunistically in mispriced assets. Their experience runs the gamut across a number of different property types including, but not limited to, retail, multifamily, and hotels.
Quote: “Our goal is to own good real estate in the right markets.” “This is why we like retail…there’s a high barrier to entry not to get into the market but to do well in the market.” Highlights: 01:35 - Robert tells listeners more about his background in real estate. 02:52 - Robert dives into retail investments and his business. 06:30 - Robert discusses portfolio performance and covid-19. 10:50 - Robert talks about debt and deals in retail investments. 14:43 - Robert provides insight into his company’s long-term, capital raises and strategy. 25:22 - Robert touches on what it’s like to bring investments up to value. 27:55 - Robert explains the renovations made to one of his company’s investments. Guest Website: https://www.lbxinvestments.com/ Recommended Resources:
|
Fri, 11 February 2022
Today's Flash Back Friday Episode is from Episode #163 that originally aired in December of 2017. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 9 February 2022
Today's Mobile Home Park Episode is from Episode #88 that originally aired on July 31, 2018. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
Artwork
|
Mon, 7 February 2022
Andrew Abernathey is a real estate investment and self-storage expert. Quote: “The other thing is competition and land-lock. I’m okay with spending 20% premium to make sure there’s not a bunch of ground around us that can come in and compete.” Highlights: 01:47 - Andrew tells listeners more about his background in real estate. 06:33 - Andrew dissects one of his first deals and when he first started investing. 10:14 - Andrew discusses the reasoning why he created his own brand. 12:00 - Andrew talks about his company’s decision to run with a national brand. 18:07 - Andrew provides insight into his company’s long-term plan. 23:06 - Andrew offers some advice to his younger self. Guest Website: http://www.andrewabernathey.com/ Recommended Resources:
|
Fri, 4 February 2022
Today's Flash Back Friday Episode is from Episode #144 that originally aired in May of 2017. Our guest for this week’s show is Family Office manager, Richard Wilson In today’s show, we’re going to be speaking with Richard about his involvement in the family office space. More specifically, we’ll discuss how to tap into the funding opportunities that exist within the family office space. Are you a real estate syndicator who is looking for private capital to fund a deal? If so, family offices need to be at the top of your list as a potential source of capital, and during this call, Richard will share with us everything we need to know to tap into this space. Here’s What You’ll Learn:
Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 2 February 2022
Today's Mobile Home Park Episode is from Episode #75 that originally aired on July 12, 2017. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Mon, 31 January 2022
Feras Moussa is a real estate investment expert. Quote: “A smart seller is someone who basically sets up the business plan for the next buyer, you want to give them a clear path to what they can do and really help them to build the story.” “Don't just be the guy that just gets an email and doesn’t ask any questions and tries to go underwrite it –– you are not going to succeed.” Highlights: 02:28 - Feras tells listeners more about his background in real estate. 05:40 - Feras dissects one of his first deals and what he learned about lending. 10:40 - Feras discusses the company that bought his first deal. 13:39 - Feras talks about his company’s vertical integration. 16:10 - Feras provides insight into critical hires he made after starting his management vertical. 17:45 - Feras touches on the cons of in-house property management. 29:13 - Feras answers Kevin’s golden nugget question. 32:27 - Feras offers some advice to new investors. Guest Website: https://www.disruptequity.com/ Recommended Resources:
|
Fri, 28 January 2022
Today's Flash Back Friday Episode is from Episode #125 that originally aired in September of 2016. In this week's show we’ll be speaking with commercial real estate developer and investor, Allan Glass. Allan is what I like to refer to as an “opportunistic investor” and specializes in seeking out incredible investment opportunities within transitional markets. Unlike myself, Allan doesn’t focus on just one asset type, rather he invests in whatever is in high demand and will provide him and his firm a significant return on their investment. I’m positive that you’ll find a ton of value and inspiration in our show with Allan. Here’s what you’ll learn in today's show:
Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 26 January 2022
Today's Mobile Home Park Episode is from Episode #62 that originally aired on April 13, 2017. Recommended Resources:
|
Mon, 24 January 2022
Sam Bates is a real estate investment expert. Quote: “Build-to-rent is a very hot topic right now…it can be great, but if we do a build-to-rent we’re definitely going to sell it within 3-5 years. I think if you hold it 10, 15, 20 years there are going to be a lot of maintenance costs that are significantly higher than an apartment.” “I think the pros of buying existing are that you have basically 60 days to close and you can own an asset.” Highlights: 01:48 - Sam tells listeners more about his background in real estate. 06:00 - Sam dissects one of his first deals and why they had to kick out their GP. 06:52 - Sam discusses his company’s business plan and his long-term strategy. 14:19 - Sam talks about long-term strategies for development projects. 15:28 - Sam provides insight into the biggest challenges to scaling the development side of his business. 17:23 - Sam touches on the pros and cons of multifamily development vs buying existing. 31:40 - Sam offers some advice to new investors. Guest Website: Recommended Resources:
|
Fri, 21 January 2022
Today's Flash Back Friday Episode is from Episode #102 that originally aired in February of 2016. Our guest for this week’s show is Commercial Real estate Investment Expert, Al Klairmont. Al has more than 38 years of industry experience and a long track record of success in the Chicago area. In today’s show, Al shares with us the core philosophies and investment strategies that have played a major role in getting him to where he is today. Al and his group currently own 100 Office, Retail, and Industrial properties in the Chicago area with more than 10 million square feet of leasable space. If that doesn’t impress you then how about if I told you that out of all 100 properties he only has very minimal leverage or debt and owns most of it free and clear with no outside equity partners. In this show with Al you’re going to learn:
Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 19 January 2022
Today's Mobile Home Park Episode is from Episode #36 that originally aired on Nov 22, 2016. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Mon, 17 January 2022
Michael is a 34-year commercial real estate veteran with a proven track record that consists of over $600M+ real estate transactions. He’s a widely known industry expert on Retail Real Estate and Net Lease properties. Michael’s investment interests have run the gamut and have included Institutional partnerships, insurance companies, family offices, hedge funds, and foreign investment funds. Lastly, Michael is a published author and the co-host of the “nothing but net” podcast. Quote: “A net-lease property is also known as a triple net property, and it's also known as nnn or net-net-net property…the tenant pays not only rent, but the tenant also pays for the taxes, the tenant pays for the insurance, and for the maintenance.” “One of the reasons why we named the podcast ‘Nothing But Net’ is because if you own a triple net property or a net lease property you get nothing but net income…they’re probably the most passive type of real estate investments you can own.” Highlights: 01:55 - Michael tells listeners more about his background in real estate. 04:25 - Michael shares what a net-lease property is. 06:52 - Michael discusses the important aspects when evaluating good and bad deals. 11:01 - Michael talks about locations and acquisitions. 15:07 - Michael provides insight into the risks of net-lease investments. 19:45 - Michael touches on malls as net-lease investments. 23:50 - Michael explains the debt in retail for lenders during the pandemic. 25:43 - Michael talks about cap rates in his market. 32:55 - Michael dives into his fund and block chain technology. 41:55 - Michael answers Kevin’s golden nugget question. Guest Website: https://libertyfund.io/ Recommended Resources:
|
Fri, 14 January 2022
Today's Flash Back Friday Episode is from Episode #87 that originally aired in September of 2015. Our guest for this week’s show is Real Estate veteran and best-selling author, Jack Cummings. In today's show, we're going to speak with Jack about his business, what he’s learned (and forgotten) over his 50+ years in the business, and why he doesn’t plan on stopping anytime soon. Jack’s experience spans just about every type of commercial real estate investing niche you can think of. From land investing to ground-up development to repositioning apartment properties…and just about everything in-between. In this show you’re going to learn:
Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 12 January 2022
Today's Mobile Home Park Episode is from Episode #15 that originally aired on July 29, 2016. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Mon, 10 January 2022
Matt Picheny is a real estate investment expert. Matt has more than 15 years of experience in property analysis, financing, acquisition, construction, operations, and has invested in over 8,000 apartments nationwide. He is a licensed real estate agent, a Fannie Mae & Freddie Mac approved buyer and has earned both Commercial Real Estate & Real Estate Finance certificates from Boston University. Matt is also a member of the Forbes Real Estate Council, the Fast Company Executive Board, and is an advisor to a PropTech company. Quote: “ I look at all deals as there are three components to them…it’s the deal, it’s the market, and it’s the sponsor.” “My ethos in all of this is trying to make win-wins…that's something that's really important to me is making sure that our property ownership actually improves the community and not degrades it.” Highlights: 1:34 - Matt tells listeners more about his background in real estate. 05:24 - Matt speaks about his production career on Broadway, winning two Tony Awards, and his acting career growing up. 9:56 - Matt discusses building his own real estate company and the model he uses. 15:23 - Matt talks about what he saw on the LP side that he didn’t take over to the GP side. 22:13 - Matt touches on the markets his company is investing in. 23:27 - Matt provides insight into his company’s success in winning deals. 32:44 - Matt describes exit strategies and loan structures. 34:04 - Matt explains his company’s underwriting process to mitigate risk. 38:09 - Matt answers Kevin’s golden nugget question. Guest Website: Recommended Resources:
|
Fri, 7 January 2022
Today's Flash Back Friday Episode is from Episode #96 that originally aired in December of 2015. Our guest for this week’s show is Commercial Real estate investor and published author, Jim Randel. I first learned about Jim after reading his popular book many years ago titled “confessions of a real estate entrepreneur”. Like I do with a lot of the books on my book shelf, I often pick them up and scan them as somewhat of a reference manual and after re-reading Jim’s book a few months back I thought that he’d make a wonderful guest for our show. Jim has a broad range of investment experience and has been involved in just about every type of real estate investment. I think one of the most exciting things about this show today, is the fact that Jim had humble beginnings and got his start like most of us do by investing in single-family homes before moving onto commercial real estate. So in today’s discussion, Jim will share with us his progression from single family investor all the way to a commercial investor who at the time of this recording has more than $60 million dollars of active projects happening. In this show with Jim you’re going to learn:
Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 5 January 2022
Today's Mobile Home Park Episode is from Episode #84 that originally aired on Dec 06, 2017. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Mon, 3 January 2022
Ken Gee is a real estate investment expert. Ken is the Founder and Managing Partner of KRI Partners and the KRI group of companies. Throughout his career, he has been involved in transactions valued in excess of $2.0 billion, much of which has included the acquisition, management, and financing of various multi-family real estate projects as well as playing a significant role as a member of due diligence and transaction structure planning teams for several private equity firms specializing in the small and middle markets. Quote: “We analyze the rent roll and try to assess risk to the upside. So the first is comparing what the sellers in place lost to leases—consider that the least risky then we take a look at a more risky bucket of upside…then we take a look at the riskiest of the three which is the value we are going to create with amenity improvements or whatever we are going to do.” Highlights: 2:03 - Ken tells listeners more about his background in real estate. 06:11 - Ken shares the types of assets his group goes after. 8:42 - Ken discusses what his group does to identify great performing properties. 11:35 - Ken talks about how people can financially model the next few years while not missing out on opportunities. 14:49 - Ken provides insight into the pros and cons of vertical integration. 17:18 - Ken touches on his favorite markets in South Florida. 19:30 - Ken explains buying existing product versus ground-up development. 20:33 - Ken talks about his current investments outside of his group. 22:25 - Ken answers Kevin’s golden nugget question. 26:31 - Ken gives some advice when investing. Guest Website: https://www.kriproperties.com/ Recommended Resources:
|
Fri, 31 December 2021
Today's Flash Back Friday Episode is from Episode #198 that originally aired In October of 2018. In this episode of the Real Estate Investing for Cash Flow Podcast, Kevin shares the mic with CEO of Praxis Capital, Brian Burke. Highlights Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 29 December 2021
Today's Mobile Home Park Episode is from Episode #71 that originally aired on June 06, 2017. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Mon, 27 December 2021
Ken McElroy is a Real Estate Investment Expert and Best Selling Author. Ken has experienced great success in real estate–from investment analysis and property management to acquisitions and property development. With more than $3.8 billion of real estate purchased in the last 2 decades, Ken offers a unique perspective on how you will get the biggest return on your investment dollars. Quote: “You have to actually ask yourself those questions: What was good? What was bad? And what did we miss here?” “There are a bunch of factors, especially with this pandemic, that has changed migration for good. One is political, but you are going to start to see the policies for being a landlord or even property taxes, I think are going to shift peoples views on where they want to own stuff…then you have the weather, safety issues, work from home issues…” Highlights: 1:54 - Ken tells listeners more about his background in real estate. 07:02 - Ken shares his thoughts on the current cap rates and real estate market. 12:32 - Ken discusses the issues around the properties his company wasn’t able to flip. 18:03 - Ken talks about how to identify the great performing properties from those that aren’t. 21:08 - Ken provides insight into how he is preparing for the future. 26:43 - Ken touches on his company’s current investments. 29:25 - Ken describes the risks and interest rate expansions with his deals. 33:59 - Ken explains the determination of rounding-up and existing in the market. 38:40 - Ken considers the imbalances of C-Grade properties and their risks. 44:54 - Ken answers Kevin’s golden nugget question. Guest Website: https://mccompanies.com/ken-mcelroy/ Recommended Resources:
|
Fri, 24 December 2021
Today's Flash Back Friday Episode is from Episode #171 that originally aired in February of 2018. Brian and his wife currently own and manage five Laundromats as well as several other private business and Real Estate ventures. Additionally, in 2009, Brian also co-authored a book titled, "Seize Your Opportunities - How to live your life without limits", was an expert panelist at the laundry industries Semi-Annual Clean Show tradeshow, and was elected to the Board of Directors of the Golden State Coin Laundry Association where he now serves as President. In addition to his entrepreneurial ventures, Brian also devotes time to giving back to others by speaking to kids in schools about being an Entrepreneur, teaching educational classes around Laundromat ownership, and helping others achieve their dreams through one-on-one coaching and mentoring. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 22 December 2021
Today's Mobile Home Park Episode is from Episode #37 that originally aired on Nov 29, 2016. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Mon, 20 December 2021
Drew Wahlgren is a Commercial Real estate expert. Drew is the Co-Founder and Director of Capital Markets for MAG Capital Partners. MAG Capital Partners specializes in sale-leasebacks, net lease investments, and various development projects throughout the US. Quote: “We are really purchasing a property from a commercial business that has generally operated on a property for a long time.” Highlights: 1:20 - Drew tells listeners more about his background in real estate. 08:02 - Drew shares his thoughts on sale-leaseback strategies. 12:40 - Drew discusses the utilization of capital from sale-leasebacks. 14:27 - Drew talks about transaction sizes and a deal that MAG Capital has passed on and why. 18:50 - Drew provides insight into how to mitigate risk. 24:14 - Drew touches on MAG Capital’s typical hold period. 25:46 - Drew talks about the tax advantages to his company’s industrial properties. 26:57 - Drew speaks about sourcing deals for sale-leasebacks. 31:25 - Drew answers Kevin’s golden nugget question. Guest Website: https://magcp.com/home/ Recommended Resources:
|
Fri, 17 December 2021
Today's Flash Back Friday Episode is from Episode #113 that originally aired in May of 2016. Our guest for this week’s show is Ground Lease Investment Expert and president of ground lease capital partners, Steven Waldman. In today’s interview with Steven, we’re going to discuss how to generate long-term and low-risk income streams by investing in what he calls the “ultimate passive commercial investment vehicle”, which are ground leases. Steven is one of the foremost experts in the industry and has spent his entire career focused on this specific niche, and having been involved in more than $1.5 billion dollars worth of transactions, I’d say he’s highly qualified to speak with us today on this exciting topic.
In this show with Steven you’re going to learn:
Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 15 December 2021
Today's Mobile Home Park Episode is from Episode #26 that originally aired on Sep 20, 2016. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Mon, 13 December 2021
Will Mercer is a Real Estate Investor, Developer, and Entrepreneur. Will is the Founder & CEO of Umaya Village, a community of remote workers and teams nestled on a paradise beach in Belize. Prior to Umaya, Will was Venture Director at Zag, the investment arm of global creative agency BBH. In his role, he led investments into 9 companies and oversaw a portfolio of 30 ventures which doubled in value during his tenure. Quote: “When the pandemic hit, attitudes towards remote work changed irreversibly forever. I think that’s the fundamental thing that people really need to understand which is that this isn’t going away.” Highlights: 2:02 - Will tells listeners more about his background in real estate. 08:26 - Will shares his thoughts on the future of co-working in a post-covid world. 10:45 - Will discusses the impact the pandemic had on opportunities and office spaces. 17:47 - Will talks about the mechanics and finances of Umaya Village. 19:41 - Will provides insight into how Umaya Village operates. 23:09 - Will touches on what his business plan brings to the table. 26:16 - Will describes his business model’s scalability. Guest Website: https://www.umayavillage.com/ Recommended Resources:
|
Fri, 10 December 2021
Today's Flash Back Friday Episode is from Episode #91 that originally aired in October of 2015. In this show with Jerry you’re going to learn:
Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 8 December 2021
Today's Mobile Home Park Episode is from Episode #122 that originally aired on Jan 06, 2021. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Mon, 6 December 2021
Michael is a principal at Origin Investments, a private real estate investment firm that operates more than 5,000 multi-family units in 14 cities, across 8 states. Michael brings 25 years of investment and risk management experience to the company and believes that calculated risk-taking in inefficient markets is the key to building wealth. After a 16 year trading career, Michael retired from trading in late 2005.
In 2007, Michael and business partner founded Origin Investments. In the 14 years since, Origin has executed more than $2.3 billion in real estate transactions, with an average equity multiple of 2.4x, and has never produced a realized loss for any of their 1,400 investment partners.
Quote: “We always say at our company: you only need to get rich once…we are really good risk managers, and our job is to make sure, number one, that we don’t lose money and number 2 is that we position ourselves in a way, make really good choices, put ourselves in good assets, and let the upside take care of itself.” Highlights: 03:05 - Michael tells listeners how he got started in real estate. 10:45 - Michael discusses being disciplined at Origin’s inception during the 2008 recession. 14:40 - Michael describes asset classes Origin has explored. 17:20 - Michael explains strategy and how Origin acts as an LP. 23:22 - Michael provides insight into the markets they love and those they’re avoiding. 27:47 - Michael touches on retention strategies. 34:07 - Michael answers Kevin’s golden nugget question and what he should have done differently. Guest Website: https://origininvestments.com/ Recommended Resources:
|
Fri, 3 December 2021
Today's Flash Back Friday Episode is from Episode #77 that originally aired in July of 2015. This week we're going to speak with Multi-Family industry expert, Steve Berges. If you've read any books on the topic of Multi-Family investing then you're probably familiar with Steve and his teachings. Steve has been in this industry for quite some time and has completed more than $250 million in transactions from subdivision developments, to residential construction, single-family rentals, and of course, his favorite - multifamily apartment buildings! Here are a few things you’ll learn in our interview with Steve today:
Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 1 December 2021
Today's Mobile Home Park Episode is from Episode #112 that originally aired on April 03, 2020. Recommended Resources:
|
Mon, 29 November 2021
Steve Olson is a real estate investment expert. Steve has been in the real estate game since 2002. He completed his first real estate deal while still in college and decided to pursue investing as a full-time career at that point. Steve is currently the Director of Sales for (FIG) aka Fourplex Investment Group, a national real estate investment group that specializes in the development and sales of large-scale Fourplex properties across many of the countries hottest markets. Quote: “The problem with land right now is that sellers know that they have something extremely valuable on their hands…so you have to be extremely confident going into these deals that you’re going to make the land work.” Highlights: 01:38 - Steve tells listeners more about how he got started in real estate. 05:15 - Steve discusses the essence behind his investing group, FIG, and how it got started. 09:55 - Steve tells listeners about the impact the pandemic had on FIG. 16:11 - Steve talks about the impact the pandemic had on inflation and prices. 19:01 - Steve provides insight into how FIG develops their projects. 23:47 - Steve touches on the pros and cons of investing in fourplexes. 29:26 - Steve describes his most challenging deal. Guest Website: https://www.fig.us/ Recommended Resources:
|
Fri, 26 November 2021
Today's Flash Back Friday Episode is from Episode #71 that originally aired in May of 2015. This week we're going to speaking with multifamily investment expert and hotel entrepreneur, Chris Winterhalter. Chris is a self-taught real estate investor who has built quite the impressive resume and track record during his short time in this business. Chris started with fixing and flipping single family homes before moving onto multifamily investments. In addition to his current investments, he’s also active in a national extended stay development project and based on his financial projections the numbers look pretty darn exciting. Chris is a top-notch guy and I’m positive that you’ll enjoy our interview together. Here’s a few things you’ll learn in our interview with Chris today:
Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 24 November 2021
Today's Mobile Home Park Episode is from Episode #107 that originally aired on March 12, 2019. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Mon, 22 November 2021
Meg Epstein is a real estate development expert. Meg is the founder of CA South, a vertically integrated real estate development and investment management company based in Nashville, TN. Over the course of her career, Meg’s been involved in the development and construction of over 1 million square feet of residential and commercial real estate, representing over $780 million to date. Meg is a licensed Commercial Contractor, licensed Residential Contractor, CCIM candidate, and licensed real estate agent; she also keeps a private pilot’s license and bareboat charter sailing certification. Quote: “For me, what really helped was doing the CCIM courses and those really gave me the fundamentals of just the background of investing in real estate. And as an investor, I would recommend that.” Highlights: 01:45 - Meg tells listeners more about her company CA South and moving out of California into Nashville. 08:40 - Meg discusses the shift from doing residential projects into the commercial world. 12:54 - Meg tells us about moving to the institutional side. 22:26 - Meg touches on her most exciting deals. Guest Website: https://www.casouthdevelopment.com Recommended Resources:
|
Fri, 19 November 2021
Today's Flash Back Friday Episode is from Episode #249 that originally aired in November of 2019. Time Equities Inc (TEI) currently holds in its own portfolio approximately 31.1 million square feet of residential, industrial, office and retail property – including over 4,000 multi-family apartment units. In addition, TEI is in various stages of development and pre-development of constructing approximately 1.4 million square feet of various property types which includes at least 1,447 residential units. With properties in 30 states, five Canadian provinces, Germany, the Netherlands, and Anguilla, the TEI portfolio benefits from a diversity of property types, sizes and markets.
Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 17 November 2021
Today's Mobile Home Park Episode is from Episode #61 that originally aired on April 11, 2017. Recommended Resources:
|
Mon, 15 November 2021
Michael Cobb is a real estate expert and international developer. After success in the computer industry, Michael formed ECI Development in 1996. This residential resort development company builds communities in Belize, Nicaragua, Costa Rica, Panama, El Salvador, and Mexico. Tropical neighborhoods include homes, condominiums, golf courses, and hotels in beach, agricultural, and mountain locations. Michael serves on the board of several multinational companies, charitable foundations, holds a CIPS certification, is a past International Director for NAR, and heads the International Referral Network (IRN) for Realtors. Michael and his wife, Carol, lived as expats, raising two daughters overseas, from 2002 through 2016. Quote: “We started a mortgage company to provide financing to North Americans.. and that business ultimately grew into a bank, but we are still largely a mortgage company.” “Understanding that thin slicing of the marketplace is really important but also [is] understanding your goals and objectives.” “To me, the biggest form of asset protection is diversification, and not just in terms of asset classes.” Highlights: 02:00 - Michael tells listeners more about life with his family in Nicaragua, culture shock, and raising children outside of him and his wife’s native country. 07:24 - Michael discusses his shift from the technology industry into the real estate world and how ECI Development came to be. 12:54 - Michael tells us the reasons why his company doesn’t have many competitors. 15:23 - Michael lists some reasons why Central American real estate is so appealing. 28:50 - Michael talks about asset protection when owning real estate in Central America. 34:21 - Michael touches on ECI’s current real estate developments. 40:23 - Michael describes the process of someone touring properties. Guest Website: https://www.ecidevelopment.com/ Recommended Resources:
|
Fri, 12 November 2021
Today's Flash Back Friday Episode is from Episode #250 that originally aired on October of 2019. At the end of 2014, Cushman & Wakefield acquired Massey Knakal for $100 million. Following his successful exit, Paul went on to run as Mayoral Candidate for New York City, primarily focusing on education, housing and homelessness while also providing solutions for how to improve quality of life in the city. In July 2018, he launched a new commercial brokerage firm, B6 Real Estate Advisors, short for “Building By Building, Block By Block”. The investment sales and capital advisory firm specializes in middle-market ($1-$200 million) and employs a distinct Territory Network model that ensures sub-market expertise for its agents along with an owner-aligned philosophy and a technology-forward platform. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 10 November 2021
Today's Mobile Home Park Episode is from Episode #53 that originally aired on March 21, 2017. Recommended Resources:
|
Mon, 8 November 2021
Mike Sowers is a commercial real estate investment expert commercial real estate expert. As the Founder and CEO of Commercial Investors Group, he leads the acquisition of a variety of assets and closes on value-add real estate deals in Minneapolis. Commercial Investors Group’s core business is repositioning commercial real estate assets across the country. In addition to his real estate endeavors, Mike is the author of the #1 Amazon bestselling book "Commercial Real Estate Investing: A Step-By-Step Guide To Finding & Funding Your First Deal" and host of the "CREative Commercial Real Estate Podcast" Quote: “…There are true real estate operations and then there are properties where it's kinda like there’s a business embedded in the real-estate operation.” “I never got into niches that required me to move from being a landlord into being a business owner.” “I think the key here is looking at it and figuring out: how am I capitalizing on it instead of letting it create fear within me… So, how do I take the data and the understanding of what’s happening in the market and use it to my advantage?” Highlights: 01:42 - Mike tells listeners more about the Commercial Investors Group and how he got into real estate. 07:24 - Mike discusses Commercial Investors Group’s first value-add property. 11:17 - Mike tells us about public databases for MLS. 20:36 - Mike describes finding the necessary expertise in pivoting to a different type of deal. 24:00 - Mike about having a niche and how COVID has shifted his interest in suburban real estate. 27:52 - Mike speaks about COVID’s impact on his opportunities and marketplace. 30:35 - Mike talks about how his company creates opportunities. 33:33 - Mike discusses the importance of banking relationships in the industry. Guest Website: https://www.commercialinvestorsgroup.com Recommended Resources:
|
Fri, 5 November 2021
Today's Flash Back Friday Episode is from Episode #260 that originally aired on Jan 15, 2020. Time Equities Inc (TEI) currently holds in its own portfolio approximately 31.1 million square feet of residential, industrial, office and retail property – including over 4,000 multi-family apartment units. In addition, TEI is in various stages of development and pre-development of constructing approximately 1.4 million square feet of various property types which includes at least 1,447 residential units. With properties in 30 states, five Canadian provinces, Germany, the Netherlands, and Anguilla, the TEI portfolio benefits from a diversity of property types, sizes and markets. Francis has been at this game for more than 50 years and did his very first deal before graduating high school. And get this, his first deal was a New York City office building. If that doesn’t impress you then I don’t know what would. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 3 November 2021
Today's Mobile Home Park Episode is from Episode #41 that originally aired on Dec 27, 2016. |
Mon, 1 November 2021
Trisha Talbot is a real estate and healthcare expert. As a Managing Director of Newmarke, she advises healthcare providers and real estate investors. She specializes in investments by consulting her clients throughout the sales process with comprehensive strategies on pricing, market fluctuations, and solutions to close transactions. She also helps healthcare providers in establishing real estate portfolio strategies aligned with their corporate goals. Together with her team, landlords benefit through stabilizing their property with leasing then monetizing their assets. As the host of the Providers, Properties, and Performance podcast, she focuses on the possibilities and future of healthcare and commercial real estate. Quote: “I will tell you, cap rates for medical office buildings are incredibly aggressive and incredibly low…because people are looking to place their money in a resilient asset class that is unlikely to fluctuate.” “…what I see is (investors saying) ‘okay I want to get into medical office’ without really understanding what it takes–where the lease rates need to be, how you need to manage it from operating expense standpoint as well as really understanding the property before you buy it.” Highlights: 01:43 - Trisha tells listeners about her background in real estate and health care. 05:15 - Trisha discusses the impact of the pandemic on healthcare real estate. 11:40 - Trisha gives listeners her thoughts on physician sale lease-back strategies. 14:57 - Trisha describes what bigger health care property investments look like. 18:35 - Trisha talks about the property to healthcare conversions. 21:35 - Trisha speaks about the more common mistakes that owners make with their properties. 24:04 - Trisha talks about the most difficult transactions that she’s been involved in. Guest Website: providerspropertiesandperformance.com Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Fri, 29 October 2021
Today's Flash Back Friday Episode is from Episode #255 that originally aired on Dec 17, 2019. Tower Capital is an independent structured finance firm that specializes in helping real estate investors navigate the capital markets. Through a strategic team approach, Tower Capital streamlines the financing process to obtain the best solutions for their clients in the most time effective and least costly manor possible. Prior to founding Tower Capital, Adam served as Vice President at Johnson Capital, one of the country’s top real estate capital advisory firms with 20 locations nationwide. There he was involved in the successful placement of over $360 million in bridge and permanent structured financing on behalf of commercial real estate investors and property owners throughout North America. Prior to Johnson Capital, Adam held a few other key roles in different firms and was directly party to more than 300 commercial real estate transactions, which included office, industrial, and retail properties. In 2014, Adam earned the designation of Certified Commercial Investment Member (CCIM), a title held by only a small group of elite commercial real estate investment professionals. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 27 October 2021
Today's Mobile Home Park Episode is from Episode #20 that originally aired on Aug 16, 2016. |
Mon, 25 October 2021
Scott Myers is a Self Storage Expert and the President of Kingdom Storage Holdings. Scott has acquired, sold, developed, and/or converted over 40 facilities totaling over 14,000 units and over 2.4 million sq. ft of storage. He is also the Founder and President of: SelfStorageInvesting.com, a leading self-storage education company that offers courses, live events, and mentoring/coaching. Scott’s devotion to both his family and his faith is illustrated through his charity and mission work both locally and around the globe. Here, he focuses on funding, building, and giving away homes to deserving families. Quote: “Nobody cares 1% as much about your facility or your apartment complex as you do…Just bottom line. Nobody is going to be able to fight for every dollar that comes in the door and fight to reduce every expense and line item in your P&L like you would, period.” “Storage has really benefitted during this pandemic and it benefitted during a recession…because when there’s trauma in transition businesses downsize, people move in with their family and friends, then the demand for storage goes up.” Highlights: 02:24 - Scott tells listeners about his background in real estate. 07:24 - Scott discusses the impact of the 2008 recession on the real estate and self-storage spaces. 11:17 - Scott tells us about creating a holding company. 13:56 - Scott describes running a third-party management. 23:48 - Scott talks to those who are looking to getting their first facility. 28:00 - Scott speaks about lending and the types of debt in the Self-Storage market. 34:00 - Scoot talks about sensitivity to rent increases. 37:26 - Scott talks about one of his worst deals. Guest Website: https://selfstorageinvesting.com/
Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Fri, 22 October 2021
Today's Flash Back Friday Episode is from Episode #111 that originally aired on May 03, 2016. In today’s discussion with Dick, we’re going to discuss how he’s gone from Limousine owner/operator to being the president and CEO of a highly successful service commercial real estate firm located in Manchester, NH. Dick has become an expert at re-positioning old rundown historic buildings and re-purposing them for uses that meet the needs of today’s businesses and consumers. Dick’s progressive vision and unconventional thinking was the main driving force, which brought downtown Manchester back to its former glory. My time spent with Dick was both inspiring and motivating as it shows that hard and work and perseverance truly does win at the end of the day. Anditdoesn’tmatter if you’re just starting out or are already an experienced real estate investor, I’m positive that you’ll thoroughly enjoy and gain a ton of value from our discussion together. In this show with Dick you’re going to learn:
Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Wed, 20 October 2021
Today's Mobile Home Park Episode is from Episode #95 that originally aired on Sep 25, 2018. In this episode of the Mobile Home Park Investing Podcast, Kevin shares the mic with Mike Johnson, Owner of the blog Perpatualsaturday.com, and owner of 3 Mobile Home Parks. Mike is passionate about helping others retire in 12 months, no matter where they are financially. Impossible? Think again: Mike landed on the asset class of Mobile Home Parks to fund his retirement. He is now the owner of 3 Mobile Home Parks, which are made 95% passive by hiring the right managers to run them. HIGHLIGHTS: [7:22] What is Mike’s background? |
Mon, 18 October 2021
Keith Weinhold is a real estate expert. Keith has been an active income property investor since 2002 and owns apartments in Alaska and single-family income property across the United States. He is the Founder and owner of Get Rich Education. It is here and on his podcast, Get Rich Education, where he teaches people how to build their wealth through buy and hold real estate investing. Keith is also the international best-selling author of the book “7 Money Myths that are Killing Your Wealth Potential”. He writes for Forbes and the Rich Dad Advisors blog and is a member of the Forbes Real Estate Council. Quote: “…as I often say, the market is more important than the property. You have to keep in mind the economic vibrancy of a market. Are there diverse job sectors, is there population growth, and is there job growth that is going to support rent-paying tenants that can create that cash flow?” “Live where you want to live and invest where the numbers make sense.” Highlights: 02:24 - Kieth updates listeners on where he’s at in his real estate portfolio. 04:27 - Keith discusses the direct impact on his properties from local economies. 07:15 - Keith tells us about the markets he loves. 12:10 - Keith talks about capital gains taxes. 15:34 - Keith touches on the conversation around 1031 exchanges. 20:08 - Keith speaks about how putting an emphasis on health helped him in business. 26:50 - Keith talks about one of the most challenging deals he’s done. 30:21 - Keith tells listeners about investor profiles of prospective buyers. 34:21 - Keith answers Kevin’s golden nugget question. Guest Website: https://www.getricheducation.com/ Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Tue, 12 October 2021
Danny Kalenov is a real estate expert and fund manager. Since 1999, he has analyzed, purchased, and repositioned a large variety of income-producing real estate assets. Now, Danny is the Founder, Principal, and Fund Manager of Diversus Fund. Diversus was born out of Danny’s frustration with the volatility of the stock market, and the realization that relying on stocks alone for stability in retirement was largely a game of chance. Quote: “If you pay 5x less in Nashville for the exact same home, you’re not going to get 5x more in San Diego for that same home.” “There are two key considerations that I would look at before making [short term rental] investments, the first one I market and the second one is team.” Highlights: 01:43 - Danny offers listeners insight into his background and how he entered the real estate space. 05:29 - Danny discusses Diversus Fund’s asset collection. 09:38 - Danny talks about the areas of real estate he first got into. 14:17 - Danny tells us about finding opportunities and his fund’s business model. 16:08 - Danny talks about new lottery legislation in San Diego and regulatory risk. 16:23 - Danny speaks towards short-term markets. 22:28 - Danny talks about the challenges of scaling short-term rentals. 27:54 - Danny discusses national companies that specialize in vacation rentals. 30:25 - Danny tells listeners about Diversus’s presence in the hotel space. Guest Website: https://diversusfund.com/ourteam https://www.rentalwithaview.com/ Recommended Resources:
|
Tue, 5 October 2021
Michael Blank is a multifamily Syndicator. Michael is an entrepreneur who is passionate about helping people become financially free through real estate investing. He’s the author of the Amazon bestseller “Financial Freedom with Real Estate Investing” and host of the popular Apartment Buildings Investing Podcast. As CEO of Nighthawk Equity, he controls over $200M in performing multifamily assets all over the United States.
Quote: “What we’ve discovered is...in the beginning you want to get to anywhere you can find a deal. It doesn't really matter as long as the area is growing, but after a while when you’re trying to scale, you really want economies to scale. I don't want just 2 deals in a market or 1 deal. I want 5-10, I want 1000 units in one market.” “What really really works well in the multifamily space is broker relationships. Broker relationships are absolutely key…"
Highlights: 02:33 - Michael offers listeners insight into his background and how he entered the real estate space. 05:29 - Michael discusses his endeavors in the restaurant business and what went wrong. 07:10 - Michael talks about what markets his company is drawn towards talks. 09:45 - Michael tells us about finding opportunities in today's real estate climate. 13:52 - Michael paints a simple plan for people looking to build relationships. 16:23 - Michael speaks towards selling off assets. 19:03 - Michael talks about his company’s business model. 22:38 - Michael discusses debt and flexible exit strategies. 33:25 - Michael answers Kevin’s golden nugget question!
Guest Website:
Recommended Resources:
|
Tue, 28 September 2021
Ryan Scott is a serial entrepreneur and real estate expert. Early in Ryan’s career, he was a consultant for Accenture and IBM. There he developed strong affinities for the overlapping importance of shrewd investing and disruptive technology. Here’s he parlayed this experience into his successful rental management group called, Aspire Fund.
Quote: “If you take Flagstaff, there’s a crazy housing shortage not unlike elsewhere…even with what's going on in the market now, there just simply isn’t enough affordable housing and if there is affordable housing it’s not somewhere people are as proud to live. So f we look at housing needs you know sub 150K…that's a good indication.” “The other path we didn’t talk about today which I’m happy to chat about with folks is the shipping container home space, and that's another angle of innovative affordable housing kind of like tiny homes—and not just parts but multifamily.”
Highlight: 01:40 - Ryan tells listeners how he got into the real estate space. 06:23 - Ryan discusses Aspire Fund and what they do. 07:36 - Ryan talks about Aspire Fund’s business model for tiny homes. 10:07 - Ryan talks about his fund’s operations for Airbnb. 12:32 - Ryan provides insight into budgets and price points for tiny homes. 16: 18 - Ryan discusses the type of debt that's available today. 21:00- Ryan dives into the challenges of scaling his business model and gauging a new market. 24:02 - Ryan breaks down outsourcing and management.
Guest Website: https://www.aspirefund.co/
Recommended Resources:
|
Tue, 21 September 2021
Michael Becker is a Multifamily Syndicator and the Principal of SPI Advisory LLC. At SPI, Michael oversees all aspects of property operations, including asset management, property management oversight, accounting and taxation, capital improvement and renovation projects, and investor relations. Michael is also a veteran in the Commercial Real Estate Banker with 15 years in the industry. During this time, he originated and managed numerous portfolios of permanent and bridge loans in all major asset classes. Quote: “The only thing that I’ve learned through this business is that everything is always changing. So if you came and asked me the same question a few years from now, I’ll probably have a different spin from what I’m talking to you about right now.” Highlights: 02:42 - Michael recaps the past year with SPI and its operations. 07:05 - Michael discusses the challenges of getting SPI staffed. 09:10 - Michael tells listeners about markets and investment risks. 11:16 - Michael talks about the common mistakes new syndicators make getting started in the multifamily investment space. 13:40 - Michael gives his thoughts on strategies around loans, debts, and properties. 16:30 - Michael provides us with details on SPI’s newest developments and raising capital. 21:35 - Michael offers his thoughts on the net migration in Austin over the upcoming years. 22:57 - Michael tells us other spaces he puts his money into. Guest Website: Recommended Resources:
|
Tue, 14 September 2021
Charlie Muller is a hospitality expert and managing director of Hospitality Investments for Avistone, LLC. Charlie has worked in the hospitality industry since he was a teen. And this year as of this year, he now holds over 38 years of experience in many facets of the industry including operations, capital planning, acquisitions, development, asset management, and dispositions. Having successfully lead 5 investment firms, he currently leverages his skills and knowledge as managing director of Avistone, LLC. Here Charlie lends his expertise in the acquisition, (re)development, and asset management of over 200 properties in the hospitality and recreational spaces that in total value at over $5 billion. Quote:“Most of the debt that's available in the sector right now is coming from on debt fund acquisitions and typically the loan to value is roughly 65%…but we are seeing the pricing of that debt narrow almost every week” “…So there’s nothing wrong with buying an older asset it just has to have good bones that will always be able to be improved and looking like new. So, I would say that the need to do larger transactions sometimes requires you to look at portfolios that might not fully fit your knitting.” Highlight:02:32 - Charlie tells us how he found his way into the hospitality space. 04:41 - Charlie talks about Avistone’s background and its relationship to hospitality investments. 07:28 - Charlie describes what the economic health of the hospitality industry looks like today. 13:43 - Charlie gives listeners an idea about the stress cracks in the industry. 18:40 - Charlie discusses CMBS loans and debt distress in the industry. 20:11 - Charlie tells listeners what kind of hospitality investments Avistone looks for. 23:43 - Charlie provides insight into how to forecast hospitality risks. 28:40 - Charlie offers his perspective on a bank’s position as it pertains to lending on an acquisition. 30:59 - Charlie is asked the golden nugget question: what is one deal that did not meet expectations? |
Tue, 7 September 2021
Jacob Vanderslice is a real estate expert and principal of Van West Partners. Jacob has been in the industry for 15 years and counting. He has expertise in fix-and-flips, commercial real estate, adaptive reuse retail projects, and self-storage. His investment firm, VanWest Partners, focuses on the acquisition and management of self-storage centers (in over 8 different states) and other opportunistic commercial real estate throughout the United States. Having bought over 7 properties this year, VanWest has over 195 million in commercial real estate transactions under their belt. Quote:“Whether you’re converting an industrial building or a big box retail building into storage, I think the primary risk is that you’re forecasting your lease rates years down the road. So you’re going from 0 income in place two whatever your performo tells you.” “…Our primary line of defense in mitigating the risk of new supplies, focusing on acquisitions where we can be all in at or below replacement costs. So if a new competitor shows up a mile away, their rents are going to have to be incrementally higher than ours, commiserate with their incrementally higher cost basis, to achieve the same total yield on costs.” Highlight:1:29 - Jacob deep dives into his real estate journey and what his company, Van West Partners, is all about. 04:15 - Jacob gives an overview of how he ended up in the self-storage asset class. 06:30 - Jacob talks to us about the downside risks associated with big-box conversion deals. 09:29 - Jacob gives listeners an idea of how his firm manages its forecast process. 11:45 - Jacob tells us how VanWest approaches staffing, operations, and automation. 13:35 - Jacob tells his craziest stories while operating in the self-storage space. 15:35 - Jacob discusses deals and how his firm approaches discovering new opportunities. 19:09 - Jacob talks about what he thinks other buyers in his market are doing differently. 21:13 - Jacob provides insight into creating an international brand, ClearHome. 25:11 - Jacob paints a picture of the future of VanWest and ClearHome. 27:49 - Jacob answers the Golden Nugget question and tells us about some of his most notable failures in the industry. 31:38 - Jacob tells us about a time where he and his firm walked away from a deal they were excited about. Guest Website:https://www.vanwestpartners.com/ www.linkedin.com/in/jacob-vanderslice-02905b16b Recommended Resources:
Direct download: 339_Jacob_Vanderslice_-_6-9-21_18.59.mp3
Category:general -- posted at: 12:00am EDT |
Tue, 31 August 2021
Johnny Wolff is a real estate and co-living expert. Johnny's love for real estate investing and living with roommates motivated him to start HomeRoom in 2017. As CEO and Founder of HomeRoom Co-living, Johnny has helped lead one of America's fastest growing co-living companies. And over the past year alone, his company did numbers boasting 99% on-time rent payments, full occupancy, and zero evictions. Quote: “We call it ‘roommate living with luxury apartment amenities’ or ‘concierge service’ “We are the platform, right? Our goal is to, over time, become similar to an airbnb but for the living space.” “With co-living we can get up to 70% more in a single-family home, versus as its being rented by one person. So that extra revenue allows investors to make quite a bit more money.” Highlight: 02:05 - Johnny tells us more about himself and how he found himself in this part of real estate. 04:57 - Johnny tells us more about different aspects of his business model. 06:27 - Johnny talks about his experience with online co-living events before and during the pandemic. 07:18 - Johnny discusses HomeRoom’s role in the real estate space. 07:50 - Johnny gives an overview of what co-living operations look like. 10:15 - Johnny provides insight into what the average increase return looks like for Home Room. 12:40 - Johnny lists the criteria that allow a co-living home to be successful. 14:10 - Johnny provides us with an overview of the next few years for Home Room. 16:27 - Johnny tells listeners one thing he wants you to know about the advantage of co-living investing. 19:21 - Johnny explains the regulatory risks to this business model. Guest Website: Recommended Resources:
|
Tue, 24 August 2021
Stephane De Baets is a real estate, hospitality, and blockchain expert. Stephane is a Belgian investment, real estate, and hospitality entrepreneur. He has 20 years of experience in asset management, financial structuring, and M&A. Currently, Stephane is the founder and president of the international asset management firm, Elevated Returns, which controls commercial properties transnationally. As a pioneer in blockchain-based real estate, Stephane and his firm have facilitated the first major commercial real estate transaction using blockchain technology to sell ownership stakes in the Aspen St. Regis Resort. Quote: “…what we realized along the way, we realized that the world of commercial hospitality investing is really very incestuous. You have only a couple of players that really know each other and it's a special investment club.” “…we kind of looked and said: why isn’t there a democratic way for people to buy a piece of ownership of the asset that they love?” Highlight: 02:09 - Stephane offers us insight into his background, how he got into investing and the real estate space, and how he got involved in blockchain. 05:26 - Stephane dissects what it means for consumers and merchants to use blockchain for asset investments. 07:19 - Stephane discusses the primary reasons behind going down the blockchain route. 09:54 - Stephane gives us his thoughts on the future of the hospitality space in a post-COVID world. 11:53 Stephane tells us what his firm anticipates around distress purchase and future opportunity. 13:30 - Stephane tells us the challenges and thoughts behind tech and blockchain becoming a widespread tool. 17:06 Stephane tells us his ideas on the use of blockchain. 18:48 - Stephane talks about the secondary market for those who want to sell off their fractional piece. 20:18 - Stephane gives an overview of projects Elevated Returns is working on. 22:45 - Stephane tells us the regulatory risks and downsides associated with Blockchain and security token in the U.S. 24:12 - Stephane gives a prediction of the security token space in 10 years. Guest Website: Recommended Resources:
Direct download: 337_Stephane_De_Baets_-_5-28-21_17.26.mp3
Category:general -- posted at: 12:00am EDT |
Tue, 17 August 2021
Sherri Candelario, Ph.D. is a pharmacologist from the University of Washington Medical School, becoming an expert in how opioids affect the brain and is a federally registered patent counsel for numerous biotech companies. Frank Candelario is an experienced broker skilled in zoning, acquisition, and identifying and financing housing for multi-use. After experiencing sober living recovery homes with a family member, and assessing the pitfalls of current this recovery approach, Sherri and Frank decided to take matters into their own hands. They developed a business model that enabled people in recovery to regain control of their lives. In 2016, Sherri and Frank founded Kate’s House Foundation, the first nationally accredited sober living homes in Washington State. Together, their mission in real estate is to end homelessness for disadvantaged women and veterans. Quotes: Frank: “What realized quickly is that… that to own beautiful property we needed to get much higher cashflow so ironically all these things meshed at one time to where if you lease by the bed for a clean and sober program you can get tremendous—2-3x the normal cash flow.” Frank: “…our goal is not to rent to a husband, wife, two kids, and a dog. Our goal is to have a home that if necessary we could sell to a husband, wife, two kids, and a dog. Our business model created great cash flow that enabled us just to keep growing.” Sherri: “I would say if you want to scale this appropriately, is [to] do what we are always doing which is trying to find the talent in the house to manage it.” Sherri: “I think from day one we realized that a lot of people didn't really know how to live together in a house because they hadn’t had one growing up… so when we look at the tragedies that people have gone through, you have to be sensitive to it but then you have to realize that you are providing a home for the first time and you’re providing a basis for people to launch into a wonderful life.” Highlight: 02:46 - Sherri and Frank tell listeners about their experience with addiction & recovery, what ultimately helped Kate maintain sobriety, and how they got into the real-estate space. 05:32 - They tell us how the last sobriety house Sherri’s daughter, Kate, lived in differed from other sobriety houses she first lived in. Sherri also delves into how she and Frank came about their first sobriety housing model. 09:12 - Frank tells us about the cash flow of their first sobriety property. 12:09 - The two talk about day-to-day operations at their properties. 15:10 - Frank and Sherri answer the question: how do you determine what the demand is for recovery group homes in a given area? 18:46: Sherri tells us about the accreditation process for sobriety housing and the way their homes are utilized. 24:15 - Frank and Sherri talk about the price point they’re aiming for on their prosperities. 26:46 - The two discuss how they handle NIMBY syndrome. 29:22 - Frank and Sherri tell us if they have any personality clashes within their housing arrangements. 30:39 - They discuss their biggest challenges of scaling out models. 34: 22 - Frank and Sherri go over some of the downsides/negatives to this sort of business model. 38:38 - They talk about the regulatory risk associated with this sort of business model. Guest Website: https://www.kateshousefoundation.org/ https://www.sharedhousingsolutions.com/founders/ Recommended Resources:
Direct download: 336_Sherri_and_Frank_-_5-25-21_00.05.mp3
Category:general -- posted at: 12:00am EDT |
Tue, 10 August 2021
Tony Morgan is a real estate expert and founder and CEO of Broadwell Property Group. Tony has over 30 years of experience leading startup and high-growth companies in a number of different industries. Tony has a proven track record of taking a project from concept, through reality, through operational challenges, and ending with a financially positive exit. Tony previously worked in the tech industry where he founded and operated NationalNet, a global technological real estate provider for 20 years. Here, Tony led the company, hundreds of employees, and thousands of clients in achieving their goals and objectives. Quote:“I got to tell you, companies don’t matter. I’m in real estate right now but it's just another company. You treat it the same way… eventually, they’re going to be exactly the same, it’s just what we are selling that’s different.” “We’ve been lucky in that we are not having to draw up investors like a lot of sponsors have to do… there has never been an investor in any of our deals larger than me and so that helps. I’m asking for investors to invest alongside of me.” “We could spend two podcasts just going over my failures. I’ve got plenty… but the truth is, what’s most important is what you learn from them—is what you gain from them… I believe that with every failure comes a gain.” “Mistakes were made way before that…mistakes were made in the fact that I let emotions get in the way of a deal.” Highlights:01:34 - Tony gives us insight into his background and how he got involved in real estate 05:09 - Tony tells us the lessons he’s learned and the similarities and differences between the LP space, the GP space, and the internet space. 07:01 - Tony talks about what made him choose the multifamily sector of real estate. 08:42 - Tony talks about how he has been able to find opportunities in today’s competitive landscape. 12:15 - Tony tells us what he thinks other multi-family buyers are doing differently than his company. 15:10 - Tony gives insight into the locations his company focuses on and the markets they are looking to expand into. 17:33 - Kevin asks Tony if there is anything his company does differently when setting out to find and raise capital as well as what its like vetting as a GP. 19:54 - Tony provides us with details on a deal he made that never met his expectations. 24:35 - Speaking to the GP side, Tony gives another example of a real estate deal that never met his expectations. 30:09 - Tony offers us his golden nugget piece of advice for our listeners. Guest Website:Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources:
|
Real Estate Investing for Cash Flow with Kevin Bupp (general)
Categories
generalArchives
AprilMarch
February
January
December
November
October
September
August
July
June
May
April
March
February
January
December
November
October
September
August
July
June
May
April
March
February
January
December
November
October
September
August
July
June
May
April
March
February
January
December
November
October
September
August
July
June
May
April
March
February
January
December
November
October
September
August
July
June
May
April
March
February
January
December
November
October
September
August
July
June
May
April
March
February
January
December
November
October
September
August
July
June
May
April
March
February
January
November
October
September
August
July
June
May
April
March
February
January
December
November
October
September
August
July
June
May
April
March
February
January
December
November
October
September
August
July
June
May
April
March
February
January
| S | M | T | W | T | F | S |
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | 6 | |
| 7 | 8 | 9 | 10 | 11 | 12 | 13 |
| 14 | 15 | 16 | 17 | 18 | 19 | 20 |
| 21 | 22 | 23 | 24 | 25 | 26 | 27 |
| 28 | 29 | 30 | ||||
Syndication
