Movers & Shakers in Commercial Real Estate: Recent Episodes
Ernest Peralta
Fun and informative. The Movers and Shakers in Commercial Real Estate™ podcast is hosted by former Management Consultant turned Commercial Broker and Private Equity Investor Ernest Peralta. The show delivers education and expert perspectives in the ever evolving and fast paced Seattle, Washington Real Estate market. We talk with experts in the industry that range in topics from investment strategy, economics, tax and asset protection planning, market analysis, development, property due diligence, and much, much more! Gain valuable insights from interviews with notable experts, industry leaders and real-life investors. Discover proven strategies to sell or buy commercial real estate in any market, how to avoid common and costly mistakes and what is working in the market right now. Relevant topics, credible guests and an upbeat delivery makes The Movers and Shakers in Commercial Real Estate™ podcast one of the most listened to real estate talk show West of the Mississippi. There is a new episode released every week, so be sure to subscribe today! Check it out!
On today’s episode our guest is Mark Weinstein. He was voted “One of the 500 Most Influential People in Los Angeles” six times by the Los Angeles Business Journal. Mark is the President and Founder of MJW Investments. After beginning his career as an attorney, he founded MJW Investments in 1983 when he discovered the potential of real estate investment and development through several successful ventures. Since then, he has acquired over $1,500,000,000 of student housing, apartment, commercial, industrial, and self-storage buildings. MJW currently owns a portfolio worth over $1,000,000,000 MJW was rated 7th largest Commercial Developer by the Los Angeles Business Journal.
Mark has also been a top multifamily investor in WA state and has increased it to a sizeable portfolio. In our conversation we talk about:
- How he started from being an Attorney
- When he discovered the pivotal moment in his career that changed the direction of his company
- What challenges he faced along his real estate journey
- What character traits that makes him successful
- How he defines failure
- And many more topics….
Don’t forget to like and subscribe!!!
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On the Movers & Shakers in Commercial Real Estate podcast show we'll talk about two tax saving strategies to help multifamily investors. The first is the 1031 Exchange and the second is the 453 deferral option. These don't have to be complicated. An experienced and qualified intermediary will work with you and your tax and/or legal advisors to make sure the process is seamless as possible. The 453 deferral option is more flexible and do not have all the rules to follow like 1031s.
Our guest Jack Gruber is the owner of Ja-Mar Analytics based out of Bothell, WA talks through the different scenarios and options. He is one of the sought after 453 tax deferral option professionals in the State of Washington and Oregon.
multifamily #multifamilyrealestate #multifamilyinvesting #multifamilyrealestate #multifamilyinvstor #movers&shakers #mutifamilyproperty #multifamilysyndication #seattlebroker #seattlerealestate #seattlerealestateagent #seattlerealestatepodcast
Learn the 5 key terms and their calculations in order to analyze any commercial property that you come across.
Disclaimer:
This commercial real estate podcast is intended for commercial real estate professionals, institutions, and investors only. The presenter(s) is (are) expressing his/her (their) view(s) and opinion(s) regarding economic conditions, financing programs and features. The views expressed in this show are for informational, entertainment, and educational purposes only, and do not imply suitability. Views and opinions expressed are those of the presenters only and do not reflect the views of their employers, institutions, and associations. The information is not intended as investment advice, is not a recommendation about investing, and the presenters and their companies are not acting as your fiduciary.
With the inflation soaring as well as food and gas prices on the rise the value of the dollar is steadily declining. How can you protect your wealth in this volatile economic market? Discover some of the tried and true defense against inflation and three offensive steps that you can take now to protect your wealth. If you are sitting on cash or if your cash assets are not performing to the standard you hoped for, come and listen to this podcast.
Disclaimer:
This commercial real estate podcast is intended for commercial real estate professionals, institutions, and investors only. The presenter(s) is (are) expressing his/her (their) view(s) and opinion(s) regarding economic conditions, financing programs and features. The views expressed in this show are for informational, entertainment, and educational purposes only, and do not imply suitability. Views and opinions expressed are those of the presenters only and do not reflect the views of their employers, institutions, and associations. The information is not intended as investment advice, is not a recommendation about investing, and the presenters and their companies are not acting as your fiduciary.
multifamily #multifamilyinvesting #commercialbroker #NFLathlete #CFLathlete #apartments #commercialrealestate #FTWInvestments
If you like what you hear, please subscribe, like and leave a comment :)
Here is some of what you will learn:
- From being an NFL player to a multifamily investor, broker, and expert in acquiring commercial real estate properties
- A blessing in disguise after being fired from his job to pursuing his passion and entrepreneurial calling
- Expounding on his innate ability to curiously learn the ins and outs of the syndication business and to truly become the master of his craft
- How he obtained 150 transactions between single family homes, small multifamily deals, and triple net leases before ever landing his first syndication project
- Understanding the transactional process from end-to-end of the deal - underwriting, appraisals, financing, understanding the title, legal aspects to help him consecutively land multifamily projects
- And many more topics......
To find out more about our guest Logan Freeman:
https://ftwinvestmentsllc.com/
LinkedIn:
https://www.linkedin.com/in/livefreeinvestments/
To find out more about partnering or investing in a multifamily deal please fill out our Investor Application Form: https://mvpequitygroup.com/investor-application
multifamily #multifamilyinvesting #attorney #comfortzone #realestate #apartments #commercialrealestate
If you like what you hear, please subscribe, like and leave a comment :) Here is some of what you will learn:
- From a New York City attorney to multifamily investor and syndicator
- Reasons for choosing multifamily versus other avenues to generate an income stream
- Getting involved in five deals ranging from Joint Venture to becoming a LP syndicator
- Balancing between having a family a W2 Job and multifamily investing and what it takes to accomplish his goals
- And many more topics….
To find out more about our guest Yosef Lee: http://garyparklaw.com/
LinkedIn: https://www.linkedin.com/in/yosefyourbrosef/
To find out more about partnering or investing in a multifamily deal please fill out our Investor Application Form: https://mvpequitygroup.com/investor-application
If you like what you hear, please subscribe, like and leave a comment :)
Here is some of what you will learn:
- Learn about he status of the WA State LTC Trust Act Tax going into place Jan 2022. There may be a small window to opt out of the WA plan by getting, one's own private policy prior to Nov. 1, 2021 (underwriting can take 2 weeks-6 months depending on how long it takes to get medical records from Physicians).
- The WA State plan is not cost efficient as it will tax .58 for every $100 one makes. Most individuals will save money by getting their own plan & opting out of tax
(Simple math: your income x .0058= LTC Tax) - WA State plan is not portable out of WA State
- WA State Benefit is $36,500- not enough!
- No cap on how much one can be taxed with WA State plan
- WA State Plan requires 3 activities of daily living needed to trigger the benefits (private plans need only 2 or one cognitive impairment)
Additional info on opt out options as an example (keep in mind, we have access to other companies as well for you to consider): NYL Secure Care, Asset Flex, WA State Trust Act Tax , and here is the WA State Legislators website on the topic:
https://app.leg.wa.gov/billsummary?BillNumber=1323&Initiative=false&Year=2021
Watch to Learn:
SecureCare: https://players.brightcove.net/75123740001/default_default/index.html?videoId=5990207913001
MyCare: https://players.brightcove.net/75123740001/default_default/index.html?videoId=5808478815001
AssetFlex: https://players.brightcove.net/75123740001/default_default/index.html?videoId=5990208012001
- Learn how to diversify your portfolio and alternative options to real estate and how to create a circular flow for all your investment portfolios.
- And many more...
To find out more about our guest Tony Sablan:
https://www.ultimatewealthstrategies.com/
LinkedIn:
https://www.linkedin.com/in/tonysablan/
To find out more about partnering or investing in a multifamily deal please fill out our Investor Application Form: https://mvpequitygroup.com/investor-application
If you like what you hear, please subscribe, like and leave a comment :)
Retired CPA, Paul Levine has amassed an extensive professional experience that ranges from being a CPA for almost 50 years and was an Associate Professor of Accounting at California State University, he negotiated the sale of two of his accounting clients to public clients, one of which was to Dupont, he did forensic accounting and was an expert witness many times. He is now a Commercial Realtor specializing in Multifamily investing and building self-storage facilities.
Here is some of what you will learn:
- How does bonus depreciation affect multifamily and self-storage facilities.
- Is it better to take bonus depreciation or Section 179.
- What is cost segregation studies? Is this something you can do yourself or through your CPA?
- What is accelerated depreciation aka straight line depreciation. What qualifies for accelerated depreciation?
- Is doing a 1031 exchange and reinvesting your money into an apartment building that is in an opportunity zone a good idea?
- And many more...
To find out more about our guest Paul Levine:
https://crownrealestateandfunding.com/
LinkedIn:
https://www.linkedin.com/in/paul-levine-b57252122/
Blog:
https://crownrealestateandfunding.com/blog
To find out more about partnering or investing in a multifamily deal please fill out our Investor Application Form: https://mvpequitygroup.com/investor-application
If you like what you hear, please subscribe, like and leave a comment :)
Here is some of what you will learn:
- From a Corporate Executive in the Luxury Hotel sector to a full-time entrepreneur and a private equity firm owner in multifamily and hotels.
- The future opportunities in the hospitality sector and what it might look like in the second half of this year.
- Will hotel conversions into multifamily still be a future trend or will that change.
- How does hospitality assets compare to other commercial real estate assets such as multifamily.
- And many more...
To find out more about our guest Robert Musso:
www.tusonproperties.com
If you like what you hear, please subscribe, like and leave a comment :)
Here is some of what you will learn:
- Starting with an entrepreneurial desire at an early age, Tyler acquired his first single family property at 21
- The desire to create wealth without jeopardizing the most important commodity in life which is "time" with his family and friends
- How Tyler developed a "definiteness of purpose" mindset to convince himself how he could become a multifamily investor
- Believe in what you are doing and focus on what you can control
- The law of the "first deal" and many more...
To find out more about our guest Tyler Deveraux: https://mfcapitalpartners.com/
If you like what you hear, please subscribe, like and leave a comment :)
Here is some of what you will learn:
- Why should investors or syndicators engage an asset manager early on in the process
- What are some negative connotations you should overcome when engaging with a third party asset manager
- What is a typical process and approach that Wehner Multifamily takes once a property has signed an LOI
- What makes a good partnership between an asset manager and an investor or syndicator
To find out more about our guest James Sirmans:
http://wehnermultifamily.com/services/
To find out more about partnering or investing in a multifamily deal please fill out our Investor Application Form: https://mvpequitygroup.com/investor-application
If you like what you hear, please subscribe, like and leave a comment :)
Here is some of what you will learn:
- From being a CPA working at one of the “Big Four” accounting firms at Ernst & Young to becoming a Real Estate Investor and Asset Manager
- How to “provide value” to potential business partners and investors
- What does the Asset Management process look like after acquiring the property
- What types of communication and reporting are provided to investors
- What types of questions should you ask a Sponsor if you are interested in investing with them
To find out more about our guest Mike Taravella:
https://randpartners.com/
To find out more about partnering or investing in a multifamily deal please fill out our Investor Application Form: https://mvpequitygroup.com/investor-application
If you like what you hear, please subscribe, like and leave a comment :)
Here is some of what you will learn:
- Getting into Commercial Real Estate Syndication by accident.
- Understand what the underwriting process is and what are the important documents for analyzing potential properties.
- What are some key transferable skills coming from Single Family to Multi Family investing.
- Closing a 48-unit multifamily property during the COVID pandemic.
- The 4 big mistakes Charles made when starting out as an investor.
- FREE GIFT for staying until the very end of the podcast :)
To find out more about our guest Charles Seaman:
https://www.3oaksmgmt.com/
To find out more about partnering or investing in a multifamily deal please fill out our Investor Application Form: https://mvpequitygroup.com/investor-application
Here is some of what you will learn:
- From being an Accountant and CFO to a Real Estate Entrepreneur
- The best resources to help you along your journey in Commercial Real Estate Investing
- Actionable advice a real estate investor should take as the next step towards their goals
To find out more about our guest Kenny Wolfe:
http://wolfe-investments.com/
To find out more about partnering or investing in a multifamily deal please fill out our Investor Application Form: https://mvpequitygroup.com/investor-application
Here is some of what you will learn:
- What is an (SBRE) Small Balance Real Estate Entrepreneur.
- The SBRE Investor Continuum and the various groups you can target to raise capital.
- The importance of of a (written) Capital Raise Strategic plan.
- How to validate and conduct your due diligence on the Sponsors that you want to invest with.
To find out more about our guest Matthew Burk:
https://fairwayamerica.com/
To find out more about partnering or investing in a multifamily deal please fill out our Investor Application Form: https://mvpequitygroup.com/investor-application
Here is some of what you will learn:
- From being an Engineer to a Real Estate Entrepreneur
- The best resources to help you along your journey in Commercial Real Estate Investing
- Actionable advice a real estate investor should take as the next step towards their goals
To find out more about our guest Brent Sprenkle:
https://www.berkadia.com/
To find out more about partnering or investing in a multifamily deal please fill out our Investor Application Form: https://mvpequitygroup.com/investor-application
This is an introduction to the podcast series and what we will be covering.
The BREAKTHROUGH INVESTOR™ in Commercial Real Estate Podcast is a platform developed from the perspective of a Real Estate Investor who reached a defining moment in their life from a perspective of pain, hardship, failure, lack of fulfillment or just being better educated in the industry.
Our mission is to provide value and impact to our audience members who are new to the world of commercial real estate investing or a seasoned investor who owns a portfolio worth multi-millions of dollars. We dive into the minds and souls of inspiring business moguls who have discovered their true purpose and fulfillment in Real Estate through overcoming adversity, failure, and perseverance. The BREAKTHROUGH INVESTOR™ in Commercial Real Estate is a living testament of turning something small by using the compounding effect of time and leveraging investors to acquire a portfolio of properties in various asset classes such as multifamily, hotels, mixed use, retail, self-storage facilities, NNN leases and mobile home communities.
Regardless of the odds stacked against them, the BREAKTHROUGH INVESTOR™ in Commercial Real Estate did not allow his / her circumstances to define them. However, they pushed past their comfort zone to overcome all obstacles in order to reach their pinnacle of success.
If you liked what you hear and found value in this episode, we would appreciate it if you would give us a rating and a review and don’t forget to subscribe so you don’t miss the next episode. For those of you that are interested in investing passively in these types of deals in solid, cash flowing commercial real estate throughout the southwest such as Arizona and Texas as well as Idaho and Colorado then visit us at https://MVPEquityGroup.com.
Fill out the investor interest form. That’s https://MVPEquityGroup.com. If you closed on a multifamily deal or any other type of commercial property in the past 12 months and want to be on this podcast then send us an email on our “Contact Us” page for details.