Westside Investors Network: Recent Episodes
AJ and Chris Shepard
Welcome to the West Side Investors Network, WIN, your community of investing knowledge for growth. This is the Real Estate Professionals Investing Podcast. For Real Estate Professionals by Real Estate Professionals. This show is focused on the next step in your career....... investing.
ABOUT JOHN FOONG
John joined Domain as Chief Revenue Officer in Sep 2021 from his most recent role as Global Director of Account Management at Uber in California. He is focused on accelerating Domain's marketplace strategy across the Residential, Commercial, Developer, Media, and Agent Solutions business, as well as Go To Market, Sales Operations and Customer Experience teams. Prior to Uber, John spent 12 years at Google holding a range of go-to-market leadership roles, including Google Cloud’s multi-billion-dollar global partner/agent sales team. John holds a Bachelor of Commerce honors degree from the University of NSW and an MBA/MA (Education) from Standford University.
THIS TOPIC IN A NUTSHELL:
John's career background in tech companies
His real estate journey in the US and Australia
His first deal at the age of 18
Living in Australia and investing in suburbs
Adding more properties through cashflow
Investing experience in the US vs. Australia
Commercial and residential real estate
Capital gain advantages from investments
His criteria when buying properties
Two objectives when investing in a primary residence
Capital gains tax
Current projects and portfolio
Maximizing leverage in real estate
Selling properties
His preferred investment strategy
Advice on investment strategy that works for you
Connect with John Foong
KEY QUOTE:
“I think real estate is life-changing. If you're buying a house, you're changing someone's life. If you're selling your house, you're changing your life. I love it when people are able to fulfill their life goals with property.”
SUMMARY OF BUSINESS:
Domain Group is a leading Australian property marketplace made up of a portfolio of brands. We are united in our Purpose to inspire confidence in life’s property decisions. Our brands offer products and solutions to consumers, agents, and parties interested in property across every step of their property journey. Headquartered in Sydney, we are a group of over 900 passionate people all across the country. Our values drive our strong culture, and we are committed to ensuring we act in a way that supports the environments and communities around us.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestateinvesting #REInvestors #CapitalGains #BuyingProperties #SellingProperties #HouseHacking #PrimaryResidence #InvestmentStrategy #TaxAdvantages #Residential #PropertyMarketplace #Domain #Owners #Agents #Sellers #Buyers #CapitalGainsTax #AustralianInvestor #CommercialInvesting #GreatMindset #CapitalGainAdvantages #LongTermWealth #CashFlow #DealDeepDive #PassiveWealth #FinancialFreedom #newepisode #podcasting #JointheWINpod #WestsideInvestorsNetwork
CONNECT WITH JOHN FOONG:
Website: https://www.domain.com.au/group
LinkedIn: https://www.linkedin.com/in/johnfoong
Instagram: https://www.instagram.com/domain.com.au/?hl=en
Facebook: https://www.facebook.com/domain.com.au
Youtube: https://www.youtube.com/@domaincomau/featured
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT BRONSON HILL
As the Managing Member of Bronson Equity, Bronson is a general partner in 2000 multifamily units worth over $200M. Bronson co-leads a large in-person multifamily meetup in Pasadena, CA called FIBI Pasadena Multifamily. He is also the host of The Mailbox Money Show and he understands the investor mindset, having spoken individually over the phone with over 1500 investors and having raised over $35M for real estate and his ATM Machine Fund deals.
THIS TOPIC IN A NUTSHELL:
Bronson’s journey in real estate
Meeting his first mentor
Getting started into Syndication
Raising capital on deals
Fund to Fund deals
ATM Investments
How to diversify from multifamily to other assets
Investments as a limited partner
Return of Investment in ATMs
How is underwriting for ATM investments different from multifamily?
Target buyers for carwash deals
The average return for car wash investment
Other asset classes - Oil & gas
Caveat on investing with other asset classes
Connect with Bronson Hill
KEY QUOTE:
“I learned that people have a desire to get into investments, they have the money but don't have the way and time to be able to do it. So, if you can create something that is a win-win, it's a way you can help them scale well and scale your wealth as well.”
SUMMARY OF BUSINESS:
Bronson Equity - We help individuals become financially free through investing in apartment buildings and other real assets. We provide education, resources, and opportunities for investors to be involved in upcoming investment opportunities.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestateinvesting #REInvestors #ATMInvestments #CarWashInvesting #AssetVentures #AlternativeAssets #multifamily #Syndication #GeneralPartners #OilAndGas #FundToFundModel #CapitalRaisers #AssetManagement #LimitedPartners #InternalRateOfReturn #Underwriting #ApartmentBuildings #InvestmentOpportunities #MultipleInvestments #TaxSavings #PassiveIncome #PassiveInvesting #LongTermWealth #CashFlow #DealDeepDive #PassiveWealth #FinancialFreedom #newepisode #podcasting #JointheWINpod #WestsideInvestorsNetwork
CONNECT WITH BRONSON HILL:
Website: www.BronsonEquity.com
LinkedIn: https://www.linkedin.com/company/bronson-equity
Facebook: https://www.facebook.com/BronsonEquit
Instagram: https://www.instagram.com/bronsonequity
Youtube: https://www.youtube.com/@bronsonequity/featured
Podcast: The Mailbox Money Show
Check out his book: How to use inflation to your advantage
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT MATT RYAN
With over 10 years of experience in real estate and construction, Matt Ryan founded Re-viv to re-engineer residential and commercial real estate in underserved communities. The company’s mission follows his passions for urban policy, building technology, and social impact ventures. “I’ve always been fascinated by this idea of companies that make money while addressing large, socio-economic issues.” Prior to founding Re-viv, Matt bootstrapped his first successful company, Elm Energy Group. Elm focused on energy efficiency and contracting services in residential, commercial, and historical buildings. Matt is an expert at handling all facets of commercial transactions, including duties as a broker, property manager, and general contractor. He has demonstrated a strong track record in commercial real estate, boasting a personal portfolio that has achieved a 25+% IRR since inception.
THIS TOPIC IN A NUTSHELL:
Matt's career and his investing journey
How Re-viv came into the picture
The first few investments in real estate
Community revitalization and what problems he wanted to solve
Getting into the Construction Energy Efficiency game
Their Core Values and why's
Other projects that he’s done aside from Co-Living model
Ms. Pam project
Co-living model as a minimum viable product
About the Deal
Location and asset class 20,000 sq ft; adaptive reuse
Issues dealt with the property
Necessity is the mother of invention
Financing and negotiation of an out-of-the-box deal
Capital gains tax
Matt’s 6-figure mistake
First Co-living deal in Denver
How they built the reputation and attract brokers
Marketing strategy and Opportunity cost
How the property is performing currently
Disposition plan for the property
Connect with Matt Ryan
KEY QUOTE:
“What would you pay in marketing to get that exposure and get that reputation? You get an opportunity to make a great deal work and also make an entry into the market. Because, if you start monetizing that time and opportunity cost, it's a different framework.”
SUMMARY OF BUSINESS:
Re-viv is a private equity investment company that uses real estate investment strategies that drive impactful growth for both investors and the community at large. We believe in acquiring and developing housing in up-and-coming neighborhoods that are attractive to young professionals and working families that classify as “the renter by necessity” class. While our approach borrows heavily from traditional value-add and opportunistic investment strategies in the middle market space; our value is driven by what we do differently.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestateinvesting #ImpactfulRealEstate #REInvestors #CoLiving #OpportunityZones #community #revitalization #EnergyEfficient #GreenBuildingAspect #AffordableHousing #AdaptiveReuse #OpportunityCost #GeneralContractor #BuildingReputation #1031Exchange #CapitalGainsTax #Marketing #ExposureToTheMarket #InvestmentStrategy #RenterByNecessity #PassiveInvesting #LongTermWealth #CashFlow #DealDeepDive #PassiveWealth #FinancialFreedom #newepisode #podcasting #JointheWINpod #WestsideInvestorsNetwork
CONNECT WITH MATT RYAN:
Website: https://re-viv.com/
LinkedIn: https://www.linkedin.com/company/re-viv/
Facebook: https://www.facebook.com/revivrealestate
Twitter: https://twitter.com/revivrealestate
Youtube: https://www.youtube.com/channel/UCmXbHUfFsDIskCs7zgGdO3Q
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT DAN HABERKOST
Dan Haberkost is the owner of Front Range Land LLC and has managed to build an impressive real estate business and portfolio that allows him the freedom to live and work where he wants well within his 20s. Dan's first foray into the world of real estate investing was as a teenager when he managed a portfolio of properties for his employer at the time, while still in high school. Dan took the lessons he learned from these early experiences and brought them into his own business allowing him to shorten the learning curve and make an enormous amount of progress in just a few years which has given him complete freedom in his mid-twenties.
THIS TOPIC IN A NUTSHELL:
Dan's journey to real estate
Buying his first duplex in Ohio
Meeting his mentor on land development
About Front Range land and what they do
House development route
On Having the right contractor
Criteria of land they are looking for
The caveat of developing entry-level housing
Other properties in his portfolio
About the deal
Location, specs, and how he came across the deal
Financing and unit mix
Improvements and rehab done to the property
Challenges and issues dealt with
Cashflow and returns
Diving into people's motivations and perspective
Using references with previous deals
How to properly communicate with sellers
What’s the future plan with this deal?
How to go about looking for the land
Due diligence checklist
Nuances of land investment
Current projects they are working on
The biggest takeaway from this deal
Connect with Dan
KEY QUOTE:
“In the context of investing, things are very much delayed gratification. I try to think in terms of decades which is easier said than done. So, at the moment when things are going wrong, keep the big picture in mind.”
SUMMARY OF BUSINESS:
What began as a small side business investing in rental properties has evolved into an active land and development business that continually fuels the acquisition of more rentals. Dan owns and operates Front Range Land LLC which focuses on investing in land all over the country.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestateinvesting #RealEstate #REInvestors #duplex #land #LandDevelopment #LandAcquisition #DirectToSeller #NewConstruction #Portfolio #craigslist #PreSold #DueDiligence #ColoradoSprings #contractor #SellerFinanced #EntryLevelHousing #ConstructionHomes #VacantLand #landowners #rehab #PassiveInvesting #LongTermWealth #CashFlow #DealDeepDive #PassiveWealth #FinancialFreedom #newepisode #podcasting #JointheWINpod #WestsideInvestorsNetwork
CONNECT WITH DAN HABERKOST:
Website: https://danhaberkost.com
LinkedIn: https://www.linkedin.com/in/dan-haberkost-68b03371/
Facebook: https://www.facebook.com/dan.haberkost.3/
Instagram: https://www.instagram.com/danhaberkost/
Youtube: https://www.youtube.com/channel/UCuuz5cjERLvfV5vb6ZCjN3Q
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT CHARLES CARILLO
Charles Carillo is the founder and managing partner of Harborside Partners. He has been actively involved in over $200 million worth of real estate transactions since 2006 and carries extensive knowledge in renovating and repositioning multifamily and commercial real estate.
In addition to being an active investor; Charles passively invests in many different asset classes including; commercial real estate, ATMs, and early-stage technology and agriculture (AgTech) startups. Charles oversees all acquisitions, investor relations, and strategic partnerships at Harborside Partners.
Prior to launching Harborside Partners, Charles co-founded an online payment processing company that has since processed over $1 Billion in payments for clients in 5 continents across the globe. Charles is an Eagle Scout and holds a Bachelor’s Degree from Central Connecticut State University.
THIS TOPIC IN A NUTSHELL:
Charles’s investing career in a nutshell
First investment and getting into syndication
Other investments outside of real estate
Investing in different asset classes
Angel investing
How he transitioned from a small to a larger multifamily
FHA Loans and lending
About the Deal
What led him to the deal
Location and Unit mix
Underwriting and Mortgage
Major problems encountered with the property
Renovation and value add implemented
What he likes about the deal
Refinancing and disposition of the asset
Lending environment
His take on buying an asset that does not cash flow very well
Connect with Charles
KEY QUOTE:
“At the beginning of your real estate investing career, you can push the leverage a little bit more, but as you start getting more seasoned, you're gonna pull that leverage down more. It keeps you accessing a lot of equity and deploying it to other assets but also to different markets and spreading those risks to your portfolio.
SUMMARY OF BUSINESS:
Harborside Partners - we offer busy professionals and entrepreneurs, passive investing opportunities in real estate that allow you to receive all the benefits of investing in real estate, without the hassles of being a landlord. We find the deals; we fund the deals, and we manage the deals; while you enjoy ongoing cash flow.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestateinvesting #RealEstate #REInvestors #AssetClass #multifamily #InvestingInDifferentAssetClass #SelfStorage #AngelInvesting #AngelFunds #Funds #CommercialRealEstate #Residential #MixUseAssetClass #GlobalInvestorsPodcast #Underwriting #HarborsidePartners #refinance #Syndications #ApartmentComplex #Lending #PassiveInvesting #LongTermWealth #CashFlow #DealDeepDive #PassiveWealth #FinancialFreedom #newepisode #podcasting #JointheWINpod #WestsideInvestorsNetwork
CONNECT WITH CHARLES CARILLO:
LinkedIn: https://www.linkedin.com/in/charleskcarillo/
Facebook: https://www.facebook.com/CharlesKennethCarillo/
https://www.facebook.com/harborsidepartners/
Instagram: https://www.instagram.com/charleskcarillo
Youtube: https://www.youtube.com/c/HarborsidePartners
Listen To Charles’s Podcast, Get Your FREE Passive Investing Guide, and Join Our Investor Club at: https://harborsidepartners.com
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT JOSEPH VIERY
USTAGI was founded by Joseph Viery to provide quality cost segregation studies. As a Cost Segregation Professional (CSP), he has helped property owners defer or eliminate millions of dollars in income taxes by leveraging IRS-compliant cost segregation studies. Since becoming a CSP in 2007, Joseph has performed thousands of cost segregation studies for clients in various industries ranging from $500,000,000 commercial properties to $50,000 single-family residences. He regularly presents at workshops nationally and is a frequent guest on industry podcasts. He has a natural ability to turn complex sets of guidelines into easy-to-understand topics.
THIS TOPIC IN A NUTSHELL:
Joseph’s career background
About USTAGI company
First few businesses and shift to the real estate industry
How he got started in cost segregation
Type of projects handled in the company
Analytical study vs. Engineering study
Does it make sense to do cost segregation for short-term rentals?
What they look for in short-term assets
Bonus depreciation and tactics
Cost segregation: Is it worth it to pay the fees?
Who is a good candidate for cost seg?
When does it make sense to use an analytical study approach?
When to use the detailed engineering approach?
The best time to start the cost seg
Common misconceptions of doing Cost Seg
What is Depreciation recapture?
What happens if you do not do cost seg?
Connect with Joseph
KEY QUOTE:
“If you're not gonna hold on to a property for at least a year and a half or two years, I tell you myself, don't do a cost segregation.”
SUMMARY OF BUSINESS:
USTAGI - US Tax Advisors Group, Inc. provides engineering-based cost segregation studies to all levels of Real Estate Investors. Cost Segregation is the process of identifying property components that are considered tangible personal property or land improvements under the federal tax code. Instead of using straight-line depreciation over 27.5 or 39 years our detailed engineering studies will identify property with a shorter tax life of 5, 7, and 15 years.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestateinvesting #RealEstate #REInvestors #TaxAdvisors #CostSegregation #TaxSavings #TaxSavingStrategies #commercial #residentialproperties #PropertyAnalysis #UStaxAdvisors #DetailedEngineeringStudies #AnalyticalStudy #DetailedEngineeringApproach #ShortTermAssets #multifamily #Depreciation #DepreciationRecapture #MisconceptionsOfCostSeg #BonusDepreciation #ShortTermRentals #LongTermRentals #DealDeepDive #AccelerateDepreciation #PassiveWealth #FinancialFreedom #newepisode #podcasting #JointheWINpod #WestsideInvestorsNetwork
CONNECT WITH JOSEPH VIERY:
Website: https://ustagi.com
Email: joev@ustaginc.com
LinkedIn: https://www.linkedin.com/in/joseph-viery-49b1b923
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT KYLE ROOT
Kyle started buying real estate in 2020. He was able to go from 0-70 units in 2 years without using any type of syndication or joint ventures. At 26 he left his W2 job. Now, at 28, he continues to scale his real estate business and coach others to do the same with little money into it. His goal is to help others understand their full potential. This can be accomplished through many different ventures. For Kyle, it was real estate investing. While Kyle does enjoy talking about real estate most of all he enjoys talking about the importance of daily habits, discipline, overcoming obstacles, and building a life worth living.
THIS TOPIC IN A NUTSHELL:
Kyle’s journey to real estate
Experience in the construction industry
Daily habits to quit W2 job and transition to real estate
Getting into his first deal
House hacking Duplex and metrics
Challenges and biggest lessons learned on this deal
Underwriting and capital expenses
Expenses to consider for deals in the Midwest
Having strong cash reserves
Future projects to add to his portfolio
Selling off Poor assets to Good assets
Catching up with current interest rates
Connect with Kyle
KEY QUOTE:
“If anyone is gonna get started, just know that things are gonna be okay. As long as you hold RE long enough, it will work out. You get better at analyzing after the first deal. Just know that your first one is gonna be the hardest. It gets better after that.”
SUMMARY OF BUSINESS:
Empire Estates, LLC was founded in August 2020. We specialize in long-term single and multi-family rentals, utilizing the simple BRRRR (buy, rehab, rent, refi, repeat) method in the Fox Valley and Green Bay Area. As a growing company, we are looking to partner and/or hire other investors to come to work with us.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestateinvesting #RealEstate #REInvestors #RealEstateCoach #cashflow #w2job #transition #tenants #realtor #duplex #househack #underwriting #RealEstatePortfolio #AnalysisParalysis #mortgage #capex #DueDiligence #Midwest #FromBadToGoodAssets #CashReserves #Tenants #Landlord #InterestRates #construction #PassiveWealth #FinancialFreedom #newepisode #podcasting #JointheWINpod #WestsideInvestorsNetwork
CONNECT WITH KYLE ROOT:
Website: https://kylejroot.com
Instagram: https://www.instagram.com/kj_root
Facebook: https://www.facebook.com/kyle.root.79
Youtube: @Kyle Root
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT KENNETH SUMNERS
Kenneth Sumners is the Principal of Sumners Capital focused on placing private equity into residential multifamily real estate. He puts together a talented and highly experienced team to leverage decades of experience in the asset class.
Kenneth earned his B.B.A degree in Information and Operations Management from Texas A&M University at College Station. He was an owner of a computer network consulting firm, for 11 years honing his leadership, management, and critical thinking skills that have led to the successes he has had in real estate. He sold his stake in this company in 2017 after increasing sales and enforcing efficiencies that helped the company grow in revenue. After a successful exit from that enterprise, Kenneth began his multifamily real estate career. Being an entrepreneur has allowed him to learn how to understand and meet the expectations of clients and handle the responsibilities of managing projects with $2MM+ budgets.
THIS TOPIC IN A NUTSHELL:
Kenneth’s Journey to Real Estate
About Sumners Capital and what they do
Getting started on bigger deals
Finding key partners to scale up
Why did he choose Sumner Capital as a business name
Process of taking down a 176-unit deal
Joining Mastermind groups
Ways to enter the real estate industry
Benefits of joining networking events
Finding great deals through brokers
Dealing with Property managers and contractors
Advice to his 25-year-old self
First entrepreneurial Endeavor
Formal and informal training that shaped his journey
His biggest mistake and what he learned from it
Connect with Kenneth
KEY QUOTE:
“Having a concrete goal and being part of the mastermind groups that will have regular calls, having accountabilities, what you have done this week to get to that goal, and all the steps that you need to take and just understand that's what you wanna do.”
SUMMARY OF BUSINESS:
Sumners Capital is a private equity firm focused on placing investor capital into residential multifamily assets managed by the firm in San Antonio, TX. It has been operating since 2021 and has acquired 3 properties (368 units) with a combined $10MM investor capital. Sumners Capital manages a portfolio of 350+ units worth over $35MM in San Antonio, Texas.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate
professionals. This show is focused on the next step in your career investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestateinvesting #RealEstate #GrowYourRealEstateNetwork #REInvestors #Multifamily #ApartmentInvesting #LeadSponsor #GeneralPartner #LimitedPartners #MastermindGroups #acquisition #PropertyManagement #GeneralContractor #ApartmentEducators #LargeMultifamily #Brokers #Mortgage #Networking #Turnovers #PrivateEquityPlacements #Guarantors #Principal #TrustButVerify #CommercialRealEstate #Texas #RESyndication #PassiveWealth #newepisode #podcasting #JointheWINpod #WestsideInvestorsNetwork
CONNECT WITH KENNETH SUMNERS:
Website: https://sumnerscapital.com
Instagram: https://www.instagram.com/sumnerscapital
LinkedIn: @Kenneth Sumners
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com
· LinkedIn | https://www.linkedin.com/company/71673294/admin
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT HAYDEN HARRINGTON
Hayden Harrington is a real estate entrepreneur focused on large-scale multifamily syndications. He currently has $140MM AUM and actively growing the portfolio. He is one of the managing partners at Momentum Multifamily, a commercial real estate group focused on buying institutional quality assets for their investors.
THIS TOPIC IN A NUTSHELL:
Hayden’s Journey to real estate
Scaling from Single Family homes to Commercial Real estate
Current projects
Finding the Right Partners
Target Asset classes
Risk mitigation and how to identify it
Becoming a Sponsor/GP
Best practices in streamlining processes
Creating structure for management and employee incentives
Third-party vendor relationship
Building your team and maintaining a hands-on approach
Having good asset managers and contractors
Creating a brand for the property
Why they did not use momentum as their property brand
How the idea of the brand came about and how they developed it
What are the benefits of having a brand?
Asset disposition
Adapting to current interest rates
Advice to his 25-year-old self
First entrepreneurial Endeavor
Formal and informal training that shaped his journey
His Biggest mistake and what he learned from it
Connect with Hayden
KEY QUOTE:
“You can do single-family homes as a hobby on the side but in multifamily, you're buying a business. The health and strength of any business is dependent on the systems, processes, and people that you have in place.”
SUMMARY OF BUSINESS:
Momentum Multifamily is a commercial real estate group focused on buying institutional quality assets for their investors. Based in Texas, the team is focused on acquiring high-quality assets in thriving metros. With in-house construction, they can take care of small or large-scale renovation projects.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestateinvesting #RealEstate #CraftingYourBrand #Syndication #Multifamily #AssetManagement #Underwriting #Sponsor #GeneralPartner #LimitedPartner #SingleFamilyHomes #Contractor #Texas #Construction #LargeMultifamilyAssets #ApartmentInvesting #Investments #MomentumMultifamily #BuildReputation #RESyndication #PassiveWealth #newepisode #podcasting #JointheWINpod #WestsideInvestorsNetwork
CONNECT WITH HAYDEN HARRINGTON:
Email: hayden@momentummultifamily.com
Website: https://www.momentummultifamily.com
Instagram: @momentum.multifamily @hjharrington
LinkedIn: @Hayden Harrington
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT NATHAN PAYNE
Nathan grew up in Atlanta Georgia but currently lives in Salt Lake City Utah. Nathan started doing door-to-door sales and soon became one of the top salesmen in the company. He worked in door-to-door sales until he decided to get into real estate. With no prior experience in real estate, Nathan decided to learn by taking massive imperfect action and by failing his way forward. 5 years now, he is the co-owner of Offer on Homes, his real estate investment company dedicated to helping wholesalers and real estate investors acquire more real estate the painless way!
THIS TOPIC IN A NUTSHELL:
Nathan's Journey to Real Estate
Why he got into coaching
What is the Payneless Wholesaling Way
His sales experience and how it benefits his journey to real estate
His company - Offer on Homes and what they do
The Marketing strategy that works for him
His personal investment portfolio -scaling wholesaling
About the Fort Myers Deal
What is the painful part of this deal and how to deal with it
Short-term vs. Long-term investments
The best wholesale deal that he's done so far
Connect with Nathan
KEY QUOTE:
“People don't want to be convinced; they want to be helped.”
SUMMARY OF BUSINESS:
Investor Thrive - a coaching company dedicated to helping wholesalers and real estate investors acquire more real estate the painless way.
Offer On Homes is a real estate solutions company located in Salt Lake City, UT that specializes in buying homes. We are experts at finding solutions for people who are in the market to sell their own home or investment property quickly for any reason. Our diverse team has experience with all types of buying and selling scenarios, and we understand how to make every transaction simple and stress-free. We are certain that we can find a win-win solution for you, whether it be a traditional or creative selling solution
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestateinvesting #wholesaling #InvestorThrive #PaynelessWay #InvestingThePainlessWay #ShortTermInvestment #Investor #LongTermInvestment #MarketingStrategy #Sales #Wholesaler #SellerCommunication #Buyers #WholesaleDeal #DoorToDoorSales #WholesalingClub #Community #Coaching #InvestingEducation #HomeOwners #Marketing #PaynelessWholesaling #GettingStarted #RESyndication #DealDeepDive #PassiveWealth #newepisode #podcasting #JointheWINpod #WestsideInvestorsNetwork
CONNECT WITH NATHAN PAYNE:
Website: https://investorthrive.com, https://www.offeronhomes.com
Instagram: @nathanpayneofficial
LinkedIn: Investor Thrive @Nathan Payne
Join his Facebook group: https://www.facebook.com/groups/investorthrive
Twitter: Investor Thrive
YouTube: Nathan Payne
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT JASON PARKER
Jason Parker, RICP® is the best-selling author of Sound Retirement Planning, Retirement Calculator and the host of Sound Retirement Radio. He has been seen as a frequent guest on ABC, FOX, & NBC. He is the inventor of the Retirement Budget Calculator. He has earned the advanced retirement designation of a Retirement Income Certified Professional (RICP®). Jason is the President of Parker Financial LLC, which is an independent, fee-only, registered investment advisory firm, and operates as a fiduciary.
THIS TOPIC IN A NUTSHELL:
How Jason started Parker Financials
What they do as a company
Writing his book – Sound Retirement Planning
Starting a Radio podcast
How the Retirement Calculator came to be
Real Estate from his retirement standpoint
How to use the Retirement Budget Calculator and perks
Target users for Retirement Budget Calculator
Other perks of the calculator - Free and Paid features
His Take on Real Estate Investing
Tips or strategies to plan for retirement
Three Things to consider when retiring
Finding a mentor
Connect with Jason Parker
KEY QUOTE:
“Retirement really boils down to three numbers. You have to have some idea of how long you're gonna live, how much money you'll save, and how much you'll spend. When you know those three numbers, you can start to paint a clear picture of yourself.”
SUMMARY OF BUSINESS:
Parker Financial LLC - We are financial advisers focused on retirement. Parker Financial is independently owned and has no outside shareholders or corporate ownership. That means our client’s interests are second-to-none, enabling us to recommend suitable financial products from the whole of the market rather than select areas of the market chosen by corporate interests.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestateinvesting #SoundRetirement #RetirementPlanning #RetirementBudgetCalculator #Retirement #BeDiversified #Cashflow #FinacialIndependence #Fiducidary #PrepareForRetirement #InvestmentVehicle #TaxBenefits #Spending #PassiveInvesting #FinancialFreedom #IncomeSources #Compounding #Liquidity #Supply #Demand #WealthAccumulation #Budget #LifeExpectancy #NetWorth #Savings #Syndication #GuideToInvesting #DealDeepDive #PassiveWealth #newepisode #podcasting #JointheWINpod #WestsideInvestorsNetwork
CONNECT WITH JASON PARKER:
Website: Parker Financial, Retirement Budget Calculator
LinkedIn: https://www.linkedin.com/in/jason-parker-a501125
Facebook: https://www.facebook.com/SoundRetirementPlanning
YouTube: https://www.youtube.com/c/Soundretirementplanning
Check out his podcast: https://soundretirementplanning.com/podcast
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT STUART KELLER
Stuart serves as SVP of Investor relations for broadly marketed investments open to accredited investors throughout the US. Stuart brings his 15 years of experience in operational leadership, asset management, and financial analysis to the firm’s Syndication division. This division provides the opportunity for accredited investors to participate in the ownership of the institutional quality real estate.
Prior to Lloyd Jones, Stuart held positions as a regional vice president for nationally ranked owner-operators of multifamily properties. Stuart earned his Master’s Degree in International Economics from the University of Oklahoma, and a Bachelor’s degree in Managerial Economics from Oklahoma City University.
THIS TOPIC IN A NUTSHELL:
Stuart's background and how he started in real estate
Joining Lloyd jones company
Starting a Syndication platform
Strategies for finding the trends to grow the business
Plan for senior living and how to jumpstart the trend
Hotel conversions and ground-up development projects
Evaluating the size of deals
Nuances of Senior living
First senior living project
Transition team to stabilize the project
Insight into multifamily plans
Deal in Crowd Street
Underwriting a senior living deal
Multifamily vs. Senior living
Vertically integration and Property management
Statistics and net migration rate
Advice to his 25-year-old self
First entrepreneurial endeavor
Formal and Informal training that shaped his journey
His biggest mistake and what he learned from it
How to connect with Stuart
KEY QUOTE:
“Senior living is all about the operating margin. If you got one more resident for an assisted living or a memory care unit, that one extra unit might necessitate additional staff members based on the staffing ratio that is required by state law. Your revenue might go up, but with the increased staffing ratio, your operating margin might go down. It's definitely one unique component that not everybody might understand how to underwrite a senior living deal.”
SUMMARY OF BUSINESS:
LLOYD JONES has become a global real estate investment firm with subsidiaries in development, construction, and senior living operations. Its focus is senior housing, multifamily, and most recently the hospitality industry.
Its investment partners include institutions, family offices, and its own principals. And now, through its new crowdfunding platform, private investors can participate in the firm’s institutional-quality acquisitions.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestate #realestateinvesting #passiveincome #passiveinvesting #realestateinvestor #realestateinvestment #REinvesting #cashflow #entrepreneurs #propertymanagement #seniorliving #assistedliving #staffingratio #seniorcare #memorycare #operatingmargin #underwriting #dynamicsofseniorliving #CrowdStreet #stabilization #multifamily #groundupdevelopments #LloydJones #assetmanagement #syndicationplatform #verticalintegration #birthrate #population #newepisode #podcasting #passivewealth #assetcreation #RoadToFinancialFreedom #WIN #JointheWINpod #WestsideInvestorsNetwork
CONNECT WITH STUART KELLER:
Website: https://lloydjonesllc.com/
LinkedIn: https://www.linkedin.com/in/stuart-keller-cam-27547b37/
Facebook: https://www.facebook.com/LIoydJonesLLC/
Twitter: https://twitter.com/LloydJonesLLC
YouTube: https://www.youtube.com/channel/UCakP0qjpqugjoHAxYQjeBgA
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT ALEX JARBO
Alex Jarbo is a short-term rental developer and manager. He was born and raised in Detroit, Michigan. He served in the Marine Corps for 4.5 years where he was stationed in Washington DC. He left the Marine Corps at 22 years old to pursue his career as a real estate professional. He is the Founder and CEO of Sargon Investments. He holds an MBA with a concentration in Real Estate Development and is currently finishing a Doctorate in Business with a concentration in Leadership. He is the host of the YouTube channel Alex Builds where he teaches the ins and out of short-term development and management.
THIS TOPIC IN A NUTSHELL:
Alex’s background and how he started in real estate
Joining a flipping mentorship
Pursuing his broker's license
On choosing his mentor
Finding his niche in Short-term rentals
How he started in ground-up development
Broker and lender recommendations
Finding the right GC for the project
Loans and financing of the project
Residential vs Commercial loan
Why he prefers to do construction and development?
SBA financing vs Traditional loan
how refinancing work
Current market rents and occupancy for cabins
Ownership of the deal and partnership
Managing STRs and automation of processes
How to combat vacancy in STRs if people are not traveling
Choosing the right market
Marketing strategy
How to turn STR into a long-term investment
Current projects and long-term plan
How to connect with Alex
KEY QUOTE:
[18:45] “You can start in your own backyard, and when I say backyard in your own little bubble of the market whether it be an hour or two away. You wanna think of a city or an area where people like to vacation in your area, they take extended weekend vacations too. People don't stop traveling to those little pockets during a recession. People are gonna be looking for that unique experience on top of the market that they're going to.”
SUMMARY OF BUSINESS:
Sargon Investments is a short-term rental resort development firm. We work to provide above-average, double-digit returns to our accredited investors. We don’t like investing in populated metro areas. We like to build in areas that are 20-30 minutes away from the city. This allows our guests to have the privacy of a cabin in the woods while at the same time being close enough to the city where it isn’t a long drive. This also leads to some pretty scenic drives to and from the cabins we build.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestate #realestateinvesting #passiveincome #passiveinvesting #realestateinvestor #realestateinvestment #REinvesting #cashflow #entrepreneurs #shorttermrentals #educationalplatform #STRdevelopment #airbnb #cabins #landappraisal #construction #residential #commercial #broker #traditionalloan #financing #propertymanagement #longtermrental #buyingland #refinancing #newepisode #podcasting #passivewealth #assetcreation #RoadToFinancialFreedom #WIN #JointheWINpod #WestsideInvestorsNetwork
CONNECT WITH ALEX JARBO:
Email: alex@sargonivestments.com
Website: https://sargoninvestments.com/
Instagram: https://www.instagram.com/magicboyjarbo/
LinkedIn: https://www.linkedin.com/in/alex-jarbo-28a940139/
YouTube: https://www.youtube.com/c/AlexBuilds1
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT LOU BROWN
Lou Brown is the Founder and Creator of Street Smart Systems. Quoted as an expert by many publications and authors, “Lou” draws from a wide and varied background as a real estate investor having been buying property since 1977.
He’s invested in Single-family homes, apartments, hotels, developed subdivisions and built and renovated homes and apartments. He’s widely known as a creative financing genius with his deal structuring concepts.
Being a teacher at heart, he’s enjoyed sharing his discoveries with others through his Street Smart®️Investor training since 1987. Husband, Father, Author, Lecturer, Inventor, Investor, Builder, Designer, and Real Estate Expert are all descriptions of this exciting trainer, he is truly an influencer and inspiration to everyone he meets.
THIS TOPIC IN A NUTSHELL:
How he got started in real estate
The first few deals
Exploring Creative financing options
Path to Homeownership program
Dealing with the buyer and sellers
Type of deals done
In-house financing
How do they find the deals?
Which specific markets do they focus on?
The Housemonster marketing system
Programs and educational platforms launched
A thousand families, a thousand homes - program
Non-escalating, non-qualifying loans
Using Trust in real estate
Seller financing and Installment sale process
How to connect with Lou
KEY QUOTE:
[05:35] “When we talk about the concept of creative financing, it's actually creative financing in reverse because we fund our buyers first. We find out how much down payment they have to work with, how much work they will be willing to do to the property and how much they can afford on a monthly basis. Then we go about finding the property for them, in fact, they even participate in finding a property as well.”
SUMMARY OF BUSINESS:
STREET SMART SYSTEMS - founded by Lou Brown, is a multifaceted company dealing in a variety of real estate-related areas including homes for lease, sale, rent-to-own plans, and renovations of existing homes. We provide Real Estate Investment Training for investor entrepreneurs who want to make a business of buying, holding, renovating, managing, and selling single-family and multi-family properties. We also provide Private Lending typically only for Street Smart® licensees who plan to buy, renovate and sell properties for a profit
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestate #realestateinvesting #passiveincome #passiveinvesting #realestateinvestor #realestateinvestment #REinvesting #cashflow #streetsmartinvestor #creativefinancing #buyer #seller #homeownership #entrepreneurs #privatelending #renovation #multifamily #singlefamilyhomes #loans #offmarket deals #educationalplatform #BuyHoldSell #AffordableHousing #LearningCurve #newepisode #podcasting #passivewealth #assetcreation #RoadToFinancialFreedom #WIN #JointheWINpod #WestsideInvestorsNetwork
CONNECT WITH LOU BROWN:
Website: https://streetsmartinvestor.com/, https://louisbrown.com/
Instagram: https://www.instagram.com/loubrown4860/
Facebook: https://www.facebook.com/StreetSmartInvestor/
Twitter: https://twitter.com/LouBrown
LinkedIn: https://www.linkedin.com/in/lou-brown-5445545/
YouTube: https://www.youtube.com/c/StreetSmartInvestor/videos
ADDITIONAL LINKS:
Grab a copy of Lou’s book here!
Wealth Builders workshop
Join the Millionaire Jumpstart event
Certified Affordable Housing provider
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT CHRISTOPHER LEVAREK
Christopher is the Operations Manager for Valkere Investment Group. He is a former firefighter in the United States Airforce, a graduate of Arizona State University, holds an Information Technology leadership role in the Banking industry, and is a full-time real estate investor as well as co-founder of Valkere Investment Group. His experience includes single-family residential acquisitions, private lender loans, joint ventures, and multifamily real estate syndications. He lives in Phoenix, Arizona with his wife, Jamie, and two sons Christopher and Julien, where he enjoys playing the guitar, spending time with family, and reading in his spare time.
THIS TOPIC IN A NUTSHELL:
[01:33] Chris’s background and Valkere’s investment portfolio
[03:48] Transition from SFH to large multifamily
[04:52] First few deals
[05:30] What they bring to the partnership
[09:50] Process of vetting partners
[11:51] Communication with partners
[12:23] Structure of partnerships and documentation
[13:58] Why do they prefer to invest out-of-state?
[17:50] Learning curve on managing the managers
[19:35] Project management tools they use
[23:47] How they manage Property managers from out of state
[25:07] Working with Lloyd jones Property Management
[27:56] Advice to his 25-year-old self
[28:38] First Entrepreneurial endeavor
[30:00] Formal and Informal training that shaped his journey
[31:12] Biggest mistake and what he learned from it-
[34:08] How to reach out to Christopher Levarek
KEY QUOTE:
[15:09] "If you take away that option you actually become a better investor because you’re forcing yourself to create a system and process and more importantly, you’re depending on partners. So, you get really good at evaluating partnerships."
[15:23] "Most of us started in real estate because we want to be passive, we want financial freedom and more time, it does not make sense for me to create another job, so I force myself to outsource all these pieces of investment. When you do that in another state, you’re forced to. There’s really no option, you can’t just fly out there every weekend. We wanted to ensure that we are building a business and systems around it."
SUMMARY OF BUSINESS:
Valkere Investment Group is a Real estate investment group providing reliable and productive investment opportunities through a private lender and equity investment in multi-family properties.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestate #realestateinvesting #passiveincome #passiveinvesting #realestateinvestor #realestateinvestment #REinvesting #multifamily #apartmentsyndication #airbnb #shorttermrentals #apartmentinvesting #cashflow #OutOfStateInvesting #underwriting #multifamily #projectmanagement #VettingPartners #bootsontheground #PartnershipStructure #LearningCurve #Partnerships #newepisode #podcasting #passivewealth #assetcreation #RoadToFinancialFreedom #WIN #JointheWINpod #WestsideInvestorsNetwork
CONNECT WITH CHRISTOPHER LEVAREK:
Website: https://valkeregroup.com
Instagram: @valkereinvestmentgroup
Facebook: @valkereinvestmentgroup
Twitter: @ValkereGroup
LinkedIn: @valkere-investment-group
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT ASHTON LEVAREK
Ashton is an Air Force Special Operations Pararescue Jumper, holds a B.S. in Sports Health and Science, and is a full-time real estate investor as well as co-founder of Valkere Investment Group. Ashton acts as the network facilitator and acquisitions lead for the Valkere Team. Understanding that the whole is greater than the sum of its parts, Ashton is passionate about building a team of opportunity-minded investors focused on creating equity, passive income, and generational wealth for everyone involved. Action-oriented and results-focused, Ashton brings 20 years of Special Operations experience to bear upon the investment market. Married to Vivian Levarek and as the father of 2 girls, Keilana and Alayla, Ashton and his family reside in Portland, OR where he enjoys rugby, traveling the world, and teaching his girls to surf.
THIS TOPIC IN A NUTSHELL:
[01:27] Ashton’s background and how they started in real estate
[02:50] Getting to Airbnb and syndication
[04:23] First syndication deal
[06:15] Taking the leap to multifamily syndication
[07:40] Finding the deal and potential investors
[08:24] Underwriting and value-add plan
[12:25] Multifamily vs. SFH
[13:20] Working with experts in the field
[15:28] Capital improvements and expenditures
[20:20] Process of getting investors onboard
[20:51] Building your brand
[22:51] Creating your potential Investor list
[24:41] Financing aspect of the deal
[25:49] Deal Timeline and exit plan
[27:24] Sale of the asset
[28:21] How to connect with Ashton
KEY QUOTE:
[06:38] Why should we continue to do these duplexes when it’s the same amount of work if we’re gonna go a 13-unit or bigger? So, for us the rationale just made sense, there is no fear at that point. We’re hitting the books and podcasts endlessly, trying to figure out the next step. We were nervous but we don’t really have that fear. I recommend getting educated to be able to face that.
[20:43] People have to know, trust, and like you. They have to understand what you are doing. When people are confused, and they don’t understand what you are telling them, they’re gonna say no every time.
[22:45] We made a list of family and friends, and extended network who have available funds or have liquid investments who can potentially invest with us. We reach out to them, not asking for money because when you ask someone for money the first thing they say is no, but just to talk about what we are doing. A lot of times we will just ask if they know anybody interested to invest in real estate, and people start to think about that.
SUMMARY OF BUSINESS:
Valkere Investment Group is a Real estate investment group providing reliable and productive investment opportunities through a private lender and equity investment in multi-family properties.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestate #realestateinvesting #passiveincome #passiveinvesting #realestateinvestor #realestateinvestment #REinvesting #multifamily #firstdeal #syndication #airbnb #shorttermrentals #apartmentinvesting #cashflow #cashreserves #valueadd #propertymanagement #buildyourbrand #underwriting #multifamily #fullcycle #Fayetteville #townhomes #NorthCarolina #newepisode #podcasting #passivewealth #assetcreation #DealDeepDive #RoadToFinancialFreedom #WIN #JointheWINpod #WestsideInvestorsNetwork
CONNECT WITH ASHTON LEVAREK:
Website: https://valkeregroup.com
Instagram: @valkereinvestmentgroup
Facebook: @valkereinvestmentgroup
Twitter: @ValkereGroup
Tiktok: @ashton_valkere
LinkedIn: @valkere-investment-group
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT SETH TEAGLE
After 22 years in the fire service, Seth Teagle found himself working 800-1,000 hours of overtime annually to provide for his family. Once Seth discovered multifamily real estate, he went all in…. he went from Firefighter to Millionaire after his first apartment complex BRRRR. Seth is now the CEO of The Stream Group, a private investment group with 185M AUM as well as an education platform called Firehouse Bros.
THIS TOPIC IN A NUTSHELL:
[01:20] Seth’s background and how he started in real estate
[04:30] First few deals and flipping
[06:32] Why Apartment Syndication?
[07:35] Partnership on the first investment
[10:27] Dealing with Property management and vacancy
[12:12] Starting a Joint venture
[13:48] Getting into Syndication
[15:50] Mentorship with other syndicators
[17:39] His take on starting with SFH vs. bigger deals
[18:25] Benefits of Commercial real estate
[20:08] Finding the right partners
[25:03] Vertical integration with partners
[26:26] Plans in the current market and projects working on
[30:18] Why Strategic partnership has worked for him
[37:04] Ways to optimize Vertical integration
[40:30] Five cycles of entrepreneurship
[44:07] The real work after buying the deal
[48:00] Development projects and changes happening in their market
[51:10] Advice to his 25-year-old self
[51:41] First entrepreneurial endeavor
[52:29] Formal and informal training that shaped his journey
[53:40] The biggest mistake that shaped his journey
[55:30] How to reach out to Seth
KEY QUOTE:
[16:36] I knew I had to get in the same room with people who are doing bigger things, that could be my training wheels and that accelerated our growth exponentially. Rather than me keep trying to figure it out, let me just cut to the front of the line, pay the right people for their time, learn what they know and the mistakes they’ve made, and how they’ve done things.
[21:06] A lot of people are scared to partner but I’ve always looked at it that if it’s with the right person, I can go faster and sooner than I would’ve had by myself.
[22:19] Without strategic partnerships I would still be probably on my 3rd or 4th deal by now, it would have been just a lot slower.
[29:25] Instead of buying anything that makes sense and has a huge upside, we are looking at stuff now that’s a little bit less of a headache. The upside might be less, but the headache to get to that upside or the risk is a lot less as well.
[32:25] We’ve had a few people as potential partners where they sounded great, they knew what to say, they knew how to act, and then we get some background check and find out that we’re fourth in line to get hosed by them and that helps.
SUMMARY OF BUSINESS:
The Stream Group is a professional and vertically integrated real estate investment firm. Utilizing over 50 years of combined experience, our purpose is to create investment opportunities for those who understand the power of real estate. We provide these opportunities through syndications and equitable funds.
Firehouse Bros is our education platform where we teach both new and experienced investors. Our focus is on helping students become well-rounded investors and scale to levels they only dreamed of.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestate #realestateinvesting #passiveincome #passiveinvesting #realestateinvestor #realestateinvestment
REinvesting #multifamily #educationclub #raisingcapital #generalpartners #operators #singlefamilyhomes #flipping #firefighter #syndicators #mentorship #strategicpartnerships #construction #propertymanagement #verticalintegration #development #exitplan #commercialrealestate #Ohio #newepisode #podcasting #passivewealth #assetcreation #RoadToFinancialFreedom #WIN #JointheWINpod #WestsideInvestorsNetwork
CONNECT WITH SETH TEAGLE:
Website: https://www.thestreamgroups.com/
Coaching and Education platform: https://www.thefirehousebros.com/
Instagram: https://www.instagram.com/seth.teagle/
Facebook: https://www.facebook.com/seth.teagle
LinkedIn: https://www.linkedin.com/in/seth-teagle-bb1930b5/
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT DANIEL HOLMLUND
Daniel Holmlund is a managing partner of Good Samaritan Capital LLC, a private real estate investment firm that specializes in multifamily acquisitions. Daniel founded Good Samaritan Capital because he strongly believes that investors can realize great returns while building and helping communities. He is also working as Software Engineer at Intel where he started the Real estate education club to help his colleagues enjoy passive investing and live a life of financial freedom. Daniel enjoys reading, podcasts, real estate investing, and being with his wife and three kids.
THIS TOPIC IN A NUTSHELL:
[01:15] Daniel’s career background
[02:39] Experience with working for partners overseas
[06:10] Getting into multifamily
[08:15] Daniel’s favorite part of RE investing
[09:47] tax benefits of REI
[10:47] 3 Strategies for W2 employees to reduce taxes
[12:31] Land conversation easements
[16:22] Purchasing Short term rentals
[18:50] Investing in other Syndication as Limited partners
[20:00] Partnership with operators
[21:45] Criteria of their investments
[22:33] Difference between being an LP vs. raising capital for operators
[22:45] 4 Pillars of risk for Limited Partners
[26:00] Markets where they invest and Fund to fund model
[27:56] Running a Real estate education club at Intel
[30:37] Advice to his 25-year-old self
[31:53] First entrepreneurial endeavor
[34:47] Formal and informal training that shaped his journey
[37:23] Biggest mistake that shaped his journey
[40:02] How to reach out to Daniel
KEYWORD:
Conservation easement - a voluntary, written agreement between a landowner and the “holder” of the conservation easement under which a landowner voluntarily restricts certain uses of the property to protect its natural, productive, or cultural features.
KEY QUOTE:
[02:45] You’ll find out what your partner is like when things are going poorly, not when things are going great.
[04:13] In my opinion, a worst-case scenario in real estate is a whole lot better than the stock market. In the stock market, you’re stuck and good as zero, in real estate you have collateral, you have insurance, and you have a mortgage potentially that you can foreclose on. There are ways that you can get your money back.
[05:51] When times are hard, have long-term debt. If you can’t have your place free and clear, which I don’t recommend I think debt gives you leverage which is a great benefit to real estate. So have long-term debts you can get through bad times.
[09:10] One of my favorite parts of Real estate investing is Tax savings. I’d like to pay as little taxes as possible. I’m hoping this year or maybe next year I’ll actually get down to zero taxes.
[24:40] General partners get their equity from working, and limited partners get their equity by capital. A general partner should also be a limited partner, they should be working and putting in their capital. So as a GP, you have to understand the process, and the people you’re working with and it is a lot of work. If you have the capital, then being an LP is a great way to go.
SUMMARY OF BUSINESS:
Good Samaritan Capital is a leading real estate syndication company. We offer our investment partners the opportunity to leverage shares of multifamily rental properties into a passive monthly income. Our experienced investment team thoroughly evaluates properties to find assets that have vast potential but are currently devalued due to disengaged management. Once identified, we aggressively act on acquiring and improving the asset, with a proven property enhancement and management plan, resulting in exceptional returns for our investment partners.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestate #realestateinvesting #passiveincome #passiveinvesting #realestateinvestor #realestateinvestment
REinvesting #multifamily #educationclub #landconversationeasements #taxsavings #taxbenefits #W2employees #taxstrategies #diversifiedlocations #raisingcapital #limitedpartners #generalpartners #operators #fundmanagers #PillarsOfRisk #fundtofundmodel #newepisode #podcasting #passivewealth #assetcreation #RoadToFinancialFreedom #WIN #JointheWINpod #WestsideInvestorsNetwork
CONNECT WITH DANIEL HOLMLUND:
Email: daniel@goodsamaritancapital.com
Schedule an Investor Introduction Call: https://calendly.com/daniel-holmlund/investor-intro-call
Facebook: https://www.facebook.com/danielwholmlund
LinkedIn: https://www.linkedin.com/in/daniel-holmlund/
Check out Daniel’s coaching program here: The Creating Real Estate Partnerships Bootcamp
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT SASHA BECKWITH
Sasha is a design and drafter primarily with residential properties and an investor. On a regular basis, she works with investors, homeowners, contractors, permitting offices, engineers, and many more. She’s been doing this for over 8 years now. She is also an investor, so she has an eye for what works for a space but also keeps in mind the cost of doing it as well. She has done projects all over the place primarily in the Portland Metro but in several other areas as well. She graduated from Oregon State University with degrees in Interior Design and Housing Studies.
THIS TOPIC IN A NUTSHELL:
[01:17] Sasha’s career background
[02:23] Definition of design and drafting
[03:58] Difference between designing vs. architectural aspect
[05:13] Guiding investors with cost benefits and additions
[07:55] Types of investors she works with
[08:36] What aspects to avoid during the design process
[11:10] Getting started with additions
[16:10] Evaluating the crawl space and which construction to use
[18:19] Planning steps and jurisdiction in Portland
[22:00] Permit details and submittals
[25:46] Timeline to get permits for an addition
[29:21] Garage conversion & unpermitted work
[31:38] Recommendation regarding inspections on the property
[36:30] Advice to her 25-year-old self
[36:48] First Entrepreneurial Endeavor
[37:25] Formal and Informal training that shaped her journey
[39:05] Biggest mistake and what she learned from it
[41:58] How to reach out to Sasha
KEY QUOTE:
[12:02] If you are looking to have an addition to the property, you need to know the zoning and your setbacks. That’s usually the first step I go to, what are my setbacks, and can my addition fit within those setbacks.
[31:38] I always like to review the house first before we go that route because I want to see if there’s anything that might be unpermitted work. If you are inviting an inspector in and if they do see unpermitted work, they will call you on it. I always recommend for any inspections, be there or have somebody there.
SUMMARY OF BUSINESS:
SAB Design and Drafting – provides design and drafting for residential properties focusing on space planning and structural aspects of construction.
ABOUT THE WESTSIDE INVESTORS NETWORK
TheWestside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestate #realestateinvesting #passiveincome #residentialspace #passiveinvesting #realestateinvestor #realestateinvestment #REinvesting #designer #drafter #drafting #additions #ADU #AccessoryDwellingUnits #permits #ConstructionAspect #UnpermittedWork #Inspections #CrawlSpace #SpacePlanning #garageconversion #newepisode #podcasting #passivewealth #assetcreation #Portland #RoadToFinancialFreedom #WIN #JointheWINpod #WestsideInvestorsNetwork
CONNECT WITH SASHA BECKWITH:
Phone: 541-231-6318
Email: sasha.a.beckwith@gmail.com
LinkedIn: https://www.linkedin.com/in/sasha-beckwith-11979454/
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT MARCO KOZLOWSKI
Marco is a boutique Real Estate Investing Mentor, Author, and trainer. For more than 22 years he’s been buying real estate, working his way up from single-family homes to, today, owning more than 6,000 units across various asset classes including multifamily, hospitality, and mobile home parks. He even recently purchased a bar in Orlando, Fl, where he lives. He is also the host of Big Fat Real estate checks.
Although technically retired from his own holdings, his "ikigai" (reason for being) is to help others achieve the level of freedom they desire, by teaching his proven processes that anyone can follow to buy cash-flowing assets using other people’s money. Marco is a big believer in supporting others and contributing to his community. He enjoys donating 10% of proceeds from each of his projects, and mentoring ambitious students to create financial success and live life on their terms.
THIS TOPIC IN A NUTSHELL:
[01:00] Marco’s career background and life experience
[03:00] Business ventures and how he started in real estate
[05:26] Why he switched to multifamily
[07:34] How to identify Property Managers/Operators
[09:53] On starting a podcast
[11:42] Coaching and mentorship in real estate
[14:39] Lessons learned from recession & downturn of the economic cycle
[17:15] His take on buying properties amidst inflationary times
[18:07] Types of deals preferred and recent projects
[23:30] Marco’s values and what it helps him to accomplish
[26:20] Opportunities during an inflationary environment
[31:30] Buying multifamily and hotel conversion
[33:42] Forbearance and credit scores
[37:53] Advice to his 25-year-old self
[38:31] His First Entrepreneurial Endeavor
[40:07] Formal and Informal training that shaped his journey
[42:07] Biggest mistake and what he learned from it
[43:50] How to reach out to Marco
KEY QUOTE:
[25:10] I’m very warm with people but very cold with numbers because if I don’t get the right price, I cannot help you. If I’m not straight up with saying no that this is not going to happen, the numbers won’t allow it and you’re asking too much then it’s creating an environment where me and the seller against the bad guy which is the numbers. Because at the end of the day, cash makes the decision at least in my world.
[25:51] It’s really helping someone serving at a level where you can be honest with them and be okay with them saying no as well. It’s okay if they don’t take an offer now, the fortune is in the follow-up. They might not be ready today but maybe in 30 days, 60 days, or 90 days follow-up.
[27:56] The more there is a disruption in the cycle, the more opportunity there is. I see a huge opportunity and we’re already seeing it, we’re buying hotels at half-price than what we’re buying a year ago. We’re buying really good deals, there’s always a segment of the market that is going to be affected by the down cycle than others so knowing what to buy will help you hedge your bets as things change.
[43:08] Everyone wants to hide and doesn’t want to admit that they did something wrong which is very cancerous but when it’s celebrated, they’re excited to share with you what didn’t go up. It actually creates a lot more growth very quickly. The culture of hiding mistakes is terrible.
SUMMARY OF BUSINESS:
Marco is well known as one of the world’s leading experts in Real Estate Investing, Platform Speaking, and Systems Process Engineering – Marco’s methodologies have proven results. Marco offers seminars and workshops throughout the United States on the subjects of business success, real estate investments, and wealth-building techniques. He is a business and executive coach who helps a selected group of already successful entrepreneurs and professionals to take them to the next level.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #realestateinvesting #passiveincome #propertyinvestment #passiveinvesting #realestateinvestor #mentor #coach #realestateinvestment #REinvesting #podcasting #acquisitions #financialfreedom #valueadd #passivewealth #assetcreation #Inflation #HedgeAgainstInflation #multifamily #hotelconversion #PropertyManagers #EconomicDownturn #recession #forbearance #RoadToFinancialFreedom #Orlando #Florida #WIN #JointheWINpod #WestsideInvestorsNetwork
CONNECT WITH MARCO KOZLOWSKI:
Email: marcokozlowski@me.com
Website: https://marcokozlowski.com
LinkedIn: https://www.linkedin.com/in/marco-kozlowski/
Facebook: https://www.facebook.com/realmarcokozlowski/
Instagram: https://www.instagram.com/marco.kozlowski/
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT SCOTT TRENCH
Scott Trench is the CEO and President of BiggerPockets. An active real estate investor and licensed agent in Denver, CO. He was named President and CEO in 2018 and continues to be a passionate real estate investor and personal finance junkie.
He is also the author of Set for Life, co-author of First Time Home Buyer, and podcast host of the BiggerPockets Money Podcast. He has contributed thousands of posts to the BiggerPockets forums, and hundreds of articles to the BiggerPockets blog and other media outlets. Scott graduated from Vanderbilt University with degrees in Economics and History, Corporate Strategy, and Finance.
THIS TOPIC IN A NUTSHELL:
[01:17] Scott’s career background
[02:29] His real estate journey
[03:30] Financial freedom concept and discovery of BiggerPockets platform
[05:00] Getting into First deal (House hack)
[07:43] Pathway to financial freedom for someone starting out
[11:52] Advice to someone who wants to escape the rat race
[12:40] How to build up your cash reserve
[17:05] What is a middle-class trap and how to avoid it?
[22:07] Scott’s take on Syndication and raising capital
[24:50] Creative ways to maximize your income
[27:00] Advice to his 25-year-old self
[27:52] First Entrepreneurial endeavor
[28:49] Formal and informal training that shaped his journey
[30:20] Biggest mistake and what he learned from it
[34:00] His take on buying more properties amidst inflationary times
[37:00] Using leverage on deals
[41:10] Utilizing HELOC
KEY QUOTE:
[09:42] Everyone talks about earning more money but you can’t really control that. What you can control is your savings rate, how you begin to invest, and whether you have a side hustle where you can begin to think of these great options, so I would start from there.
[10:49] Play a game you can win. I think a lot of companies have this corporate ladder. Can you stockpile enough cash from your hustle that helps you escape the rat race? Set yourself up in a game that you can win and that starts with a stable financial position, low expenses, and flexibility to pursue things that may not pay you back immediately.
[27:00] Advice to 25-year-old-self:
Self-educate relentlessly. Read as much as possible, and absorb as many frameworks as possible. That’s gonna pay early in due time.
SUMMARY OF BUSINESS:
BiggerPockets.com is the world's largest online network of real estate investors. We help ordinary Americans build wealth and achieve financial freedom through real estate investing. Some of our users have just a few properties and use real estate as a small part of their overall wealth-building plan, while others go all-in and use it as the primary tool in their portfolio. Our role is to help them increase the odds of success in their investing careers and help them build wealth faster and with less risk by giving them access to great content (and debate!) about nearly every aspect of real estate investing imaginable. Our members also have access to an incredible network of nearly one million investors and real estate professionals, along with a suite of tools we've designed to help them find, finance, and analyze potential investments.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #realestateinvesting #passiveincome #propertyinvestment #passiveinvesting #realestateinvestor #selfeducate #realestateinvestment #REinvesting #financejunkie #spendless #thoughtplatform #acquisitions #financialfreedom #homebuyer #SetForLife #escapetheratrace #bestsellingauthor #househacking #valueadd #passivewealth #BiggerPockets #moneymanagement #buildyourcashreserves #broker #Denver #Colorado #accumulatecapital #assetcreation #buildyournestegg #HELOC #middleclasstrap #WIN #JointheWINpod #WestsideInvestorsNetwork
CONNECT WITH SCOTT TRENCH:
Website: https://www.biggerpockets.com/
LinkedIn: https://www.linkedin.com/in/scott-trench-53056a22/
Instagram: https://www.instagram.com/scott_trench/
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT BECCA HINT
Becca Hintergardt is the Owner of Hint Investments and a Multifamily Investor. She specializes in helping others craft a plan to live a passive income lifestyle through commercial real estate investing. She currently lives in Nosara, Costa Rica. Her life in the tropics is largely supported by passive income from her multifamily real estate investing. Becca’s team is under construction on their newest asset a 100-unit Quality Inn Motel in Arizona that they are converting to 65 multifamily units.
Additionally, she has invested in and overseen multiple projects, and she is an LP on several buildings totaling over 450+ units throughout Texas. Becca is inspired to help others live an authentic life of passive income freedom and location independence through real estate investing.
THIS TOPIC IN A NUTSHELL:
[01:30] Becca’s career background and life in the blue zones
[02:50] What is considered a blue zone?
[04:00] Life in Costa Rica
[05:50] How she started in Passive Investing
[06:15] 3 Buckets to Real-estate Investing
[08:22] House hacking
[10:00] A look at multifamily investing
[11:25] Moving from San Francisco to Costa Rica
[14:02] Primary residence as an investment
[15:29] Tax advantages and deductibles of investments
[17:30] How to look for passive investments
[19:51] Self-directed IRAs
[22:07] How to vet the operators and find them
[23:13] Co-GP model
[26:02] Hotel conversion project in Arizona
[28:06] Landmines of hotel conversions to multifamily
[32:00] Why choose value-add deals?
[33:42] Advice to her 25-year-old self
[34:11] First Entrepreneurial Endeavor
[35:05] Formal and informal training that shaped her journey
[36:23] Her biggest mistake and what did she learn from it
[38:04] How to reach out to Becca Hint
KEY QUOTE:
[05:20] We’re here in Costa Rica supported by 80% of passive income from RE investing. I love this business and I feel like this is the key to financial freedom and location independence, especially for those who align themselves with people who know how to do it.
[25:20] When my first passive investment went bad and things are going sideways, there was nobody to interpret my interest, so it’s nice to be in there, be somebody who has a seat at the co-GP table. I think it protects everybody that way.
[39:40] No growth happens in your comfort zone. If you’re not uncomfortable with it, you’re not growing. Just know that anybody can do this and live a life of passive income and location independence. It’s not as hard as you think.
SUMMARY OF BUSINESS:
HINT INVESTMENTShelp you discover if passive income investing is right for you and be your guide in the process. We find and vet the best multifamily deals in high-growth markets and share them with you. If you decide to invest, we walk you through the process step by step. Your work is done. Sit back on the beach sipping Mai Tai’s while we do all the heavy lifting and you collect cash flow, tax benefits, and the appreciation gains while we provide you with updates all the way through the project.
ABOUT THE WESTSIDE INVESTORS NETWORK
TheWestside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
#investmentproperty #realestate #investment #realestateinvesting #passiveincome #propertyinvestment #passiveinvesting #realestateinvestor #investments #realestateinvestment #REinvesting #syndication #acquisitions #financialfreedom #WIN #JointheWINpod #WestsideInvestorsNetwork #hotelconversion #multifamily #syndicator #multifamilyinvestor #househacking #bluezones #lifeinthetropics #generalpartner #limitedpartner #valueadd #Arizona #SanFrancisco #CostaRica #primaryresidence #locationindependence #passivewealth
CONNECT WITH BECCA HINT:
Email: becca@hintinvestments.com
Website: https://www.hintinvestments.com/
LinkedIn: https://www.linkedin.com/in/becca-hint-hintergardt-020a82204/
Instagram: https://www.instagram.com/beccahint/
Download my free e-book! 6 Steps to put your Income on Autopilot and Move Overseas
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT DEVIN EASTERLIN
Devin is the Principal of SJA property management. He graduated from college with a degree in Philosophy Pre-Law and Business. He attended law school, where he specialized in real estate transactional law. Devin practiced as a real estate attorney before co-founding SJA Property Management. He maintains a real estate broker's license and has worked in the property management industry for over 15 years. He is an active real estate investor focusing on single-family and small multifamily buildings. He currently lives in Woodinville Washington with his wife and two children.
THIS TOPIC IN A NUTSHELL:
[01:20] Devin’s career background
[02:50] Noticeable differences with Washington laws
[04:30] Statewide laws
[05:24] Comparison with rent control laws in OR
[07:20] Rental increases and the effect of inflation
[11:05] Housing supply and property management in Washington
[13:12] Eviction protection in WA
[15:08] Move-in costs and charges
[16:27] Rental agreement updates
[18:22] RUBS implementation
[21:35] Lease terms and agreements
[24:01] Acquisition and inheriting tenants
[26:50] Why cap rate is low in Washington?
[29:26] Sales comparison and Income approach
[33:27] Rent increase cap
[35:19] Partnering up with organizations
[37:45] Market trends and their effect on tenants
[38:50] Benefits of renting a home
[40:00] Rental assistance
[42:56] Dealing with eviction
[44:43] Advice to his 25-year-old self
[46:06] First entrepreneurial endeavor
[47:15] Formal and informal training that shaped his journey
[48:08] Biggest mistake and what did he learn from it?
[49:12] How to reach out to Devin Easterlin
KEYWORD:
Consumer price index (CPI) - Broadly speaking, the CPI measures the price of consumer goods and how they're trending. It's a tool for measuring how the economy as a whole is faring when it comes to inflation or deflation.
KEY QUOTE:
[35:12] It’s important to partner with a property management company to help you or join an organization that helps landlords. They have forums, you can ask questions with an attorney, and they have forms that they keep up to date. As a landlord, you have a lot of things to do and you need to keep up with compliance. The repercussions, if you do it incorrectly, will greatly impact your investment.
[45:14] My advice to my 25-year-old self from a business standpoint is to commit to an area of business and become an expert. Don’t worry that it might not be your passion at this moment, you’ll find things that will spark your interest later on as you become an expert in the business.
SUMMARY OF BUSINESS:
Established in 2009, Sterling Johnston Real Estate has been recognized as the fastest-growing privately held real estate firm in the state of Washington, averaging annual growth of 108%. Our three founders, along with our team of over 100+ professional real estate brokers and staff, value professionalism, service, and integrity. Attorney-owned and operated, our firm acts as an unwavering advocate for our client’s needs and interests. We are industry leaders in the adoption of technology, allowing us to maximize the level of service we provide our clients. We pride ourselves on providing our clients tireless, individualized attention.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #realestateinvesting #passiveincome #passivewealth #propertyinvestment #investing #realestateinvestor #investments #realestateinvestment
REinvesting #syndication #acquisitions #brokerrelationships #propertymanagement #brokerage
financialfreedom #assetundermanagement #consumerpriceindex #inflation #multifamily
evictionlaws #statewidelaws #supplyanddemand #housingsupply #Washington #Seattle
inheritingtenants #markettrends #leaseterms #WIN #JointheWINpod #WestsideInvestorsNetwork
CONNECT WITH DEVIN EASTERLIN:
Email: devin@sjapm.com
Website: https://www.sterlingjohnstonre.com/, https://propertymanagersseattle.com/
LinkedIn: https://www.linkedin.com/in/devin-easterlin-13760515/
Instagram: https://www.instagram.com/sterlingjohnstonre/
Facebook: https://www.facebook.com/sterlingjohnstonre
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT ALEX MANDARO
Alex is the founder and managing principal of Rubicon Properties, a private real estate investment firm based in South Florida. He is one of the newest mentoring students of the Michael Blank Deal Maker Incubator program, and at just 18 years old, he is one of the youngest ever to start his real estate investing journey, with multifamily syndication in his future. His "why" is to lead others to financial freedom so they can make a positive impact on the world. His accounting and management experience gives him a boost in his investing business.
THIS TOPIC IN A NUTSHELL:
[01:15] Alex’s background and how he started in real estate
[02:18] Why choose Syndication investing?
[04:00] How is he looking for deals?
[06:29] His long-term goals
[09:05] Partnership goals and fee structure
[13:55] Investing timeline and steps taken
[14:36] How many deals and what market he is looking at
[17:01] Developing relationships with brokers
[18:00] Keeping track of market trends
[18:33] What makes a good property manager and how to identify them?
[21:03] Book or mentor that inspires him
[22:33] Advice to his future 25-year-old self
[23:35] First entrepreneurial endeavor
[24:27] Formal and informal training that shaped his journey
[25:16] Biggest mistake and what did he learn from it?
[26:25] How to reach out to Alex Mandaro
KEY QUOTE:
[05:18] ”Where I fall short, I can turn it over to my partners and mentors and I can say that my mentors are working over a thousand units and we’re working together as a team. The other half is really knowing what you are talking about. “
[13:05] “I understand that where I came from is really rare and because I am so young, I have plenty of time to take risks now while the consequences are lower. “
[25:16] “My biggest mistake is trying to be the do-it-all guy specifically in Syndication. The idea is that if I do all the roles and just everything from start to finish is that I get to keep all the equity, but that not’s really sustainable, especially starting out. The best benefit you get from a partnership is you have someone to split the load with, then both of you can focus on what you’re good at. “
SUMMARY OF BUSINESS:
RUBICON PROPERTIES is a private real estate investment firm based in South Florida. Our main goals are to create a safe community that residents are proud to live in while providing stable returns and tax deductions for investors. We do our best work when we are in alignment with our mission and our core principles.
ABOUT THE WESTSIDE INVESTORS NETWORK
TheWestside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #property #realestateinvesting #passiveincome #propertyinvestment #investing #realestateinvestor #investments #realestateinvestment #REinvesting #syndication #realestatesyndication #multifamilyinvesting #apartmentinvesting #acquisitions #syndicator #brokerrelationships #propertymanagement #financialfreedom #assetundermanagement #WIN #JointheWINpod #WestsideInvestorsNetwork #newepisodealert
CONNECT WITH ALEX MANDARO:
Email: hello@rubiconproperties.com
Website: https://www.rubiconproperties.com/
LinkedIn: https://www.linkedin.com/in/mandaroalex/
Instagram: https://www.instagram.com/mandaroalex/
Facebook: @InvestWithRubicon @mandaroalex
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT TODD LOCKER
Todd Locker is a Multifamily Investment Broker at Washington First Properties. Todd's extensive real estate skill-set encompasses a multitude of disciplines including, investment sales, asset management, development, valuation, and investment consulting. Todd has successfully managed over ten thousand apartment homes located in Washington, Idaho, and Oregon. He is currently a licensed real estate broker in both Washington and Oregon.
THIS TOPIC IN A NUTSHELL:
[01:19] Todd's career background
[02:43] Buying a triplex with family as a first investment
[04:00] Buying the next multifamily units
[06:02] Three powers that you need to buy real estate
[09:32] How to handle projected rents/proforma?
[12:47] Going sabbatical
[13:56] Challenges in property management
[17:05] Refinancing the properties bought
[22:17] Venture into condos with land
[24:16] Repeating the same business model
[27:16] Funding reserves and HOA
[28:40] RUBS implementation
[31:20] Housing loans and tax credits
[32:34] Turnkey investing
[35:00] Advice to his 25-year-old self
[37:08] First entrepreneurial endeavor
[38:19] Formal and informal training that shaped his journey
[41:22] Biggest mistake and what did he learn from it
[47:50] How to reach out to Todd Locker
KEY QUOTE:
[35:05] Advice to his 25-year-old self:
“I would be more aggressive about buying my own portfolio, I would probably start buying and selling more stuff sooner to build up more. Instead of worrying about people’s stuff, it’s better to work for yourself and just start now. “
[36:12] “I tell my manager that whatever you do with your duplex, triplex, or your house it’s the same stuff, we use the same vendors and maintenance guys, you know the work that needs to be done. The principles are all there and you understand it, so just do it. “
SUMMARY OF BUSINESS:
Oregon First, Realtors was established in 1994, adding Washington First Properties in 2006. We're a homegrown, independent Pacific NW
brokerage with around 250 agents.
We've earned our strong reputation by concentrating on what’s
really important, both to our brokers and their clients. Our business, like the
business of real estate itself, is about long-term gains earned through hard
work, professionalism, and careful attention to our fiduciary duty to our
clients.
ABOUT THE WESTSIDE INVESTORS NETWORK
TheWestside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #property #realestateinvesting #passiveincome #propertyinvestment #investing #realestateinvestor #investor #investments #realestateinvestment #REinvesting #beyourownboss #entrepreneurlife #brokerages #triplex #rentalportfolio #buyingpower #condos #land #development #refinancing #multifamily #turnkeys #turnkeyinvesting #propertymanagement #taxcredits #housingloans #sabbatical #businessmodel
CONNECT WITH TODD LOCKER:
Phone: 503-750-1812
Email: todd.locker@yahoo.com
Website: https://www.oregonfirst.com/
LinkedIn: https://www.linkedin.com/in/todd-o-locker-ccim-cpm%C2%AE-484b3015/
Facebook: https://www.facebook.com/todd.locker1
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT DAVID MCILWAINE
David McIlwaine is the Founding Partner of MAC Assets and Colorado Realty Experts. David graduated from the University of Kansas with a BS in Journalism/ Advertising. His real estate experience is vast--spanning over 20 years. Experience, knowledge, and understanding have been gained firsthand by either currently owning or having owned multifamily units, commercial retail development, single-family, vacation rental properties, second homes, and custom builds. His portfolio currently includes property in the southeast and Midwest. At present, he is a General Partner or investor in over 1,000 doors. His passions include being a parent, road cyclist, outdoors enthusiast, and learning.
THIS TOPIC IN A NUTSHELL:
[01:00] Details of the 156-unit deal and how they found it
[02:25] Due diligence and important piece of info on the deal
[03:56] Improvement plans for the asset
[04:45] Exterior and interior improvements done
[06:20] Water conservation program
[08:30] The timeline and process of closing the deal
[09:29] Negotiation and type of loan used
[13:25] Holding period and refinancing options
[15:04] Deciding based on the market trend
[16:30] Option of 1031 exchange deal
[17:34] How to reach out to David
KEYWORDS:
LTV - The loan-to-value (LTV) ratio is a measure comparing the amount of your mortgage with the appraised value of the property. The higher your down payment, the lower your LTV ratio.
IRR - The internal rate of return (IRR) is a metric used in financial analysis to estimate the profitability of potential investments.
CapEx - Capital expenditures are spendings used by real estate companies to invest, purchase, renovate, and maintain physical assets such as properties, technology, or equipment. Companies often use CapEx to embark on new projects or investments.
Bridge loan - A bridge loan is a short-term loan used until a person or company secures permanent financing or pays an existing obligation. It allows the borrower to meet current obligations by providing immediate cash flow. Bridge loans have relatively high-interest rates and are usually backed by some form of collateral, such as real estate or the inventory of a business.
KEY QUOTE:
[14:58] I think that the marketplace will dictate our decision-making. As an asset management team, we will make those decisions based on what the marketplace does. Our worst-case scenario is holding it for 5 years and hitting our returns. Our best-case scenario is maybe we’ll hit on IRR for 30 on 3 years instead.
[17:02] I think this deal is a great illustration that not every duck is ugly. People thought it was an ugly duckling, and I sat back and found a piece of internal information that made it a very sexy bird.
SUMMARY OF BUSINESS:
MAC Assets was born in 2019 to help solve the disparity of wealth creation in the US. Most private placement equity in Real Estate has been limited to the highly wealthy and the connected. We see an opportunity to help others create passive income plus generational wealth by facilitating opportunities to invest in strategic multifamily assets.
ABOUT THE WESTSIDE INVESTORS NETWORK
TheWestside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestate #passiveincome #realestateinvestor #investor #investments #realestateinvestment #REinvesting #motivation #mindset #multifamily #cashflow #rentalproperty #investing101 #financialfreedom #apartmentinvesting #passivewealth #valueadd #investingtips #vendor #propertymanagement #bridgeloan #refinancing #loantovalue #CapEx #renovations #duediligence #uglyduckling #1031exchange #holdingperiod #refinance #negotiation #exteriorimprovement #interior
CONNECT WITH DAVID MCILWAINE
Website: https://macassets.com/
LinkedIn: https://www.linkedin.com/in/david-mcilwaine/
Facebook: https://www.facebook.com/david.mcilwaine
Instagram: https://www.instagram.com/macassetsco/
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT DAVID MCILWAINE
David McIlwaine is the Founding Partner of MAC Assets and Colorado Realty Experts. David graduated from the University of Kansas with a BS in Journalism/ Advertising. His real estate experience is vast--spanning over 20 years. Experience, knowledge, and understanding have been gained firsthand by either currently owning or having owned multifamily units, commercial retail development, single-family, vacation rental properties, second homes, and custom builds. His portfolio currently includes property in the southeast and Midwest. At present, he is a General Partner or investor in over 1,000 doors. His passions include being a parent, road cyclist, outdoors enthusiast, and learning.
THIS TOPIC IN A NUTSHELL:
[01:30] David’s career background
[02:30] Transition from advertising to real estate
[05:29] Scaling up and hiring a 3rd party property management
[08:57] The Process of managing the property
[10:22] Identifying the holes in the acquisition
[11:18] Creating a budget plan and battle plan
[14:47] What are the low-hanging fruit that can be resolved?
[17:34] Buying other markets and budget valuations
[20:54] Finding a turnkey solution
[23:03] Building vendor relationships
[28:51] Fiduciary mindset
[31:50] Key performance indicators
[32:20] Implementing system automation
[35:33] How to structure the team
[40:12] Advice to his 25-year-old self
[40:60] First Entrepreneurial Endeavor
Formal and Informal training that shaped his journey
[44:12] Biggest mistake and what he learned from it
[47:00] How to reach out to David
KEY QUOTE:
[27:46] Had I not used that third-party vendor to help me build those budgets and to have a good business plan from the get-go, I would have ended up with that deal and my investors would have received mediocre investment returns.
[28:46] I don’t have a fiduciary duty as an asset manager in the State of Colorado. However, as a broker I do, and I think it’s crucial that we operate from that mentality that says, If my name is on it, I have to make sure that I’ll fulfill the promises that I’ve made with my investors. It’s my job that the project is over the finish line.
[39:20] If you can create the right culture, the problem-solving issues go away, and you create training and a pipeline for growth. If you can get to vertical integration, you have greater control over budget, and decision making and you’ll have a more uniform approach to problem-solving.
SUMMARY OF BUSINESS:
MAC Assets was born in 2019 to help solve the disparity of wealth creation in the US. Most private placement equity in Real Estate has been limited to the highly wealthy and the connected. We see an opportunity to help others create passive income plus generational wealth by facilitating opportunities to invest in strategic multifamily assets.
ABOUT THE WESTSIDE INVESTORS NETWORK
TheWestside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestate #realestateinvesting #passiveincome #realestateinvestor #investor #investments #properties #realestateinvestment #business #REinvesting #motivation #mindset #multifamily #cashflow #rentalproperty #investing101 #financialfreedom #apartmentinvesting #passivewealth #valueadd #investingtips #vendor #thirdpartyvendor #propertymanagement #turnkey #turnkeysolution #budget #budgetvaluations #budgetplan #battleplan #vendorrelationships #referrabased #business #systemautomation #kpi #keyperformanceindicators #fiduciary #fiduciarymindset
CONNECT WITH DAVID MCILWAINE
Website: https://macassets.com/
LinkedIn: https://www.linkedin.com/in/david-mcilwaine/
Facebook: https://www.facebook.com/david.mcilwaine
Instagram: https://www.instagram.com/macassetsco/
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT JOHN DESSAUER
John Dessauer is the Chief Creative Officer of The Dessauer Group and also runs a property management, lending, and marketing company. John has a Bachelor’s Degree in Biology and Business Administration from St. Ambrose University. He is a published author of a few books on real estate and business and is a sought-out speaker around the world regarding real estate, business, and entrepreneurship. John and Heather live right outside of Chicago on a 900-acre lake with their three children.
THIS TOPIC IN A NUTSHELL:
[01:45] 90-unit deal in Lafayette, Indiana
[02:15] How he found the deal
[03:40] Divide-and-conquer strategy
[04:30] Sales comparison approach
[06:54] Underwriting the deal
[07:20] Planning and understanding the Exit strategy
[09:18] Negotiation with the bank and 80-10-10 strategy
[10:45] Importance of good debt service ratio
[12:50] Educating the people that are involved in closing the deal
[14:51] How to reach out to John Dessauer
KEY QUOTE:
[06:19] I am using the bank’s rules that are put forth on what dictates 5-units and over (income capitalization approach) and 4-units and under, valuation systems approach that are tied to each one of those.
[07:01] When I’m underwriting a property, I always want to make sure that I have safety nets. Just like a fireman who goes into a burning building, they want to have at least two ways out. I looked at my real estate investments the same way.
SUMMARY OF BUSINESS:
John Dessauer has owned many companies in various industries, including Environmental Services, Hospitality Services, Auto Services, Marketing, Education, and Real Estate. Regarding real estate, John has transacted hundreds of deals in real estate in different sectors such as apartments, office buildings, retail, single-family homes, and condominiums all within his personal portfolio.
Anton Agency has managed and brokered over 2MM of rental and retail square feet, which translates into over $150MM in property values. As a Managing Broker in Illinois, Indiana, and Florida he has the experience, knowledge, and creativity to not only help you buy, sell and create a deal in real estate, but his team can finance it as well.
ABOUT THE WESTSIDE INVESTORS NETWORK
TheWestside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestate #realestateinvesting #passiveincome #realestateinvestor #investor #investments #properties #realestateinvestment #business #REinvesting #beyourownboss #motivation #mindset #success #entrepreneur #multifamily #realestategoals #cashflow #rentalproperty #investing101 #financialfreedom #author #coach #speaker #apartmentinvesting #passivewealth #incomeapproach #valueadd #investingtips #localcommunity #debserviceratio #divideandconquerstrategy #exitstrategy
salescomparisonapproach #duplex #underwriting #negotiation #dealdeepdive #Indiana #Lafayette
CONNECT WITH JOHN DESSAUER
Website: https://www.thedessauergroup.com/
LinkedIn: https://www.linkedin.com/in/john-dessauer-6557164a/
Facebook: https://www.facebook.com/realwiserealestate
Instagram: https://www.instagram.com/dessauerjohn/
YouTube: https://www.youtube.com/channel/UC_QOSMdGy37WKEv87S97egg
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT JOHN DESSAUER
John Dessauer is the Chief Creative Officer of The Dessauer Group and also runs a property management, lending, and marketing company. John has a Bachelor’s Degree in Biology and Business Administration from St. Ambrose University. He is a published author of a few books on real estate and business and is a sought-out speaker around the world regarding real estate, business, and entrepreneurship. John and Heather live right outside of Chicago on a 900-acre lake with their three children.
THIS TOPIC IN A NUTSHELL:
[01:31] John’s career background
[02:06] What propelled him to real estate
[03:40] Leaving the corporate world to build other businesses
[06:40] First mistake on being over-leveraged in investment
[08:11] His best practices as an investor
[11:46] Tips on how to find a winning deal
[13:20] Deals that are run by mom-and-pop operations
[14:25] Tenant-based approach that can withstand the storm
[14:40] Adding value through taxes and insurance
[17:15] Finding leads with for rent signs
[19:17] Closing the 10-unit deal
[20:57] Factors to consider when looking at deals
[25:20] Success ratio before getting that first deal
[25:42] Understanding a good local market
[27:43] Best way to converse with the owner/seller
[31:04] Advice to his 25-year-old self
[31:59] His first entrepreneurial endeavor
[33:38] His formal and informal training that shaped his journey
[35:54] Biggest mistake and what he learned from it
[39:01] Best way to reach out to John Dessauer
KEY QUOTE:
[06:32] Just because you can buy things with no money down, doesn’t mean that you should. I have learned the importance of not being over-leveraged, and it’s one of the first lessons that I learned.
[22:59] One way to look for smaller deals is that you should be proactive and call those for rent signs. Don’t be afraid to call these folks because you’ll never know what type of financial challenges they are facing and why somebody would possibly want to sell.
[38:21] History doesn’t exactly repeat itself, but it rhymes. You can lose on a 48-unit building, you can lose in a market like Austin and Texas, even though it’s 2022, and we think everything is going to be great. Just be aware that it’s the market that dictates your success or failures and the actions you take within those market changes.
SUMMARY OF BUSINESS:
John Dessauer has owned many companies in various industries, including Environmental Services, Hospitality Services, Auto Services, Marketing, Education, and Real Estate. Regarding real estate, John has transacted hundreds of deals in real estate in different sectors such as apartments, office buildings, retail, single-family homes, and condominiums all within his personal portfolio.
Anton Agency has managed and brokered over 2MM of rental and retail square feet, which translates into over $150MM in property values. As a Managing Broker in Illinois, Indiana, and Florida he has the experience, knowledge, and creativity to not only help you buy, sell and create a deal in real estate, but his team can finance it as well.
ABOUT THE WESTSIDE INVESTORS NETWORK
TheWestside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestate #realestateinvesting #passiveincome #realestateinvestor #investor #investments #properties #realestateinvestment #business #REinvesting #beyourownboss #motivation #mindset #success #entrepreneur #multifamily #realestategoals #cashflow #rentalproperty #investing101 #financialfreedom #brokerage #propertymanagement #marketing #lendingcompany #author #coach #speaker #apartmentinvesting #winningdeal #passiveincome #passivewealth #momandpopoperators #incomeapproach #forrentsigns #forsalebyowner #FSBO #overleveraged #valueadd #owner #seller #localmarket #smallerdeals #passiveincome #equity #investingtips #localcommunity
CONNECT WITH JOHN DESSAUER
Website: https://www.thedessauergroup.com/
LinkedIn: https://www.linkedin.com/in/john-dessauer-6557164a/
Facebook: https://www.facebook.com/realwiserealestate
Instagram: https://www.instagram.com/dessauerjohn/
YouTube: https://www.youtube.com/channel/UC_QOSMdGy37WKEv87S97egg
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT JUSTIN BRENNAN
Justin Brennan is a third-generation multifamily investor and CEO of The Brennan Pohle Group. He is also a licensed general contractor, licensed real estate broker, and owns a property management company. With his finance degree from Pepperdine University and a dual master’s degree from The University of San Diego's MBA/Burnham-Moore's School of Real Estate, Justin brings a diverse background and experience. What excites Justin most is spending time with family and kiddos traveling, kiteboarding, and experiencing the world.
THIS TOPIC IN A NUTSHELL:
[01:40] Underwriting a 272-unit deal
[02:29] What is Effective gross income (EGI)
[02:58] How they came across with this deal
[03:40] Value-add play
[04:13] How to underwrite the deal
[05:48] Loan to consider for this deal size
[06:56] What they’re ultimately looking for in a deal
[08:30] Issue with the unit mix
[09:04] Why two-bedroom unit mix is a more desirable investment
[11:20] Supply and demand for a 2-bedroom unit mix
[12:24] Giving offers lower than the purchase price
[13:08] Expense ratio
[14:00] Property taxes and insurance
[15:40] How to reach out to Justin
KEY QUOTE:
[07:50] The real issue that came down with this particular property is the unit mix. It’s because 202 out of 272 units are one-bedroom and that’s fine on the surface, but I want it at least 50-50, ideally, I want more 2-bedroom than one. I knew that I can get more pop on a 2 and 3-bedroom unit from a rent and valuation standpoint than I can with the one-bedroom.
SUMMARY OF BUSINESS:
The Brennan Pohle Group is a San Diego CA & Austin TX-based private real estate firm focused on offering investment partners, accredited, family funds, and institutional firms access to multifamily real-estate opportunities with 15%+ projected annual returns*. With over 11 years of corporate experience in land acquisition, multi-unit development, and value-add apartment rehabilitation & management, The Brennan Pohle Group actively manages end-to-end operations of $10M+ assets at any given time. Through this end-to-end asset management approach, The Brennan Pohle Group has met or exceeded investor expected returns since inception.
ABOUT THE WESTSIDE INVESTORS NETWORK
TheWestside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestate #realestateinvesting #passiveincome #investing #realestateinvestor #investor #investments #properties #realestateinvestment #business #REinvesting #beyourownboss #entrepreneurlife #motivation #mindset #success #entrepreneur #commercialrealestate #multifamily #CRE #CREinvesting #realestategoals #cashflow #rentalproperty #investing101 #financialfreedom #incomeapproach #partnership #syndication #generalpartner #limitedpartner #construction #brokerage #syndicator #valueadd #acquisition #apartmentbuildings #apartmentrehab #development #sandiego #california
CONNECT WITH JUSTIN BRENNAN:
Website: https://www.justincbrennan.com/
LinkedIn: https://www.linkedin.com/in/justinbrennan/
Facebook: https://www.facebook.com/brennanpohle
Instagram: @justin_c_brennan
YouTube: @JustinBrennan
To watch the full video on Youtube:
https://youtu.be/1GsH56NqWdg
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT JUSTIN BRENNAN
Justin Brennan is a third-generation multifamily investor and CEO of The Brennan Pohle Group. He is also a licensed general contractor, licensed real estate broker, and owns a property management company. With his finance degree from Pepperdine University and a dual master’s degree from The University of San Diego's MBA/Burnham-Moore's School of Real Estate, Justin brings a diverse background and experience. What excites Justin most is spending time with family and kiddos traveling, kiteboarding, and experiencing the world.
THIS TOPIC IN A NUTSHELL:
[01:30] Justin Brennan’s career background
[02:47] 2008 crisis experience
[04:18] Learning partnerships in Real estate
[05:19] Partnership with Pohle group and how it started
[06:42] Getting started with out of state investing
[10:50] Transitioning from comparison approach to income approach
[11:54] Why do bigger deals?
[16:00] Finding those credit partners
[19:00] Partners that bring in a different perspective
[20:52] Identifying new markets
[22:07] What we look for in a new target market
[26:16] Types of loans they avail
[29:01] Should you hold the property longer or sell it?
[32:08] What can syndicators do to be compensated adequately?
[33:08] Buy three, sell one strategy
[34:02] Meeting potential partners to scale up
[37:30] Advice to his 25-year-old self
[38:51] First Entrepreneurial endeavor
[40:30] Formal and informal training that shaped his journey
[41:55] Biggest mistake and what he learned from it
[43:00] Managing the fixed costs of your investments
[45:45] How to reach out to Justin
[46:20] His new podcast and the abundance to give mindset
KEY QUOTES:
[33:00] We always try to buy three, sell one. You're always accumulating assets, but then you're disposing and getting some liquidity and having capital at the same time.
[37:35] Don't undercut your ability. Absolutely dream big. Think big. Don't live through the opinion of others. A lot of people will say you can't do it and usually, those are people close to you. It can be family and friends. They think they want to protect you, but they're just holding you back from greatness.
[42:04] My biggest mistake is not fully understanding that during the acquisition there are fixed costs regardless of the size of the asset. Also, make sure that you are prepared to manage the managers.
SUMMARY OF BUSINESS:
The Brennan Pohle Group is a San Diego CA & Austin TX-based private real estate firm focused on offering investment partners, accredited, family funds, and institutional firms access to multifamily real-estate opportunities with 15%+ projected annual returns*. With over 11 years of corporate experience in land acquisition, multi-unit development, and value-add apartment rehabilitation & management, The Brennan Pohle Group actively manages end-to-end operations of $10M+ assets at any given time. Through this end-to-end asset management approach, The Brennan Pohle Group has met or exceeded investor expected returns since inception.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestate #realestateinvesting #passiveincome #investing #realestateinvestor #investor #investments #properties #realestateinvestment #business #REinvesting #beyourownboss #entrepreneurlife #motivation #mindset #success #entrepreneur #commercialrealestate #multifamily #CRE #CREinvesting #realestategoals #cashflow #rentalproperty #investing101 #financialfreedom #incomeapproach #partnership #syndication #generalpartner #limitedpartner #construction #brokerage #syndicator #valueadd #acquisition #apartmentbuildings #apartmentrehab #development #sandiego #california
CONNECT WITH JUSTIN BRENNAN:
Website: https://www.justincbrennan.com/
LinkedIn: https://www.linkedin.com/in/justinbrennan/
Facebook: https://www.facebook.com/brennanpohle
Instagram: @justin_c_brennan
YouTube: @JustinBrennan
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT PAUL MOORE:
Paul is the Founder and Managing Partner of Wellings Capital, a real estate private equity firm. He founded multiple investment and development companies, appeared on HGTV, and completed over 100 commercial and residential investments and exits.
He has contributed to Fox Business and The Real Estate Guys Radio and is a regular contributor to BiggerPockets, producing live video and blog content. He is also a co-host of a wealth-building podcast called How to Lose Money and a three-time real estate author.
THIS TOPIC IN A NUTSHELL:
[02:11] Why does Paul love mobile home parks
[03:37] Intrinsic value of self-storage
[04:33] How they found the deal
[08:34] How to partner with Tenants/owners
[09:25] Managing utility bills
[09:50] Reducing overall expenses
[10:45] Value add formula done to the property
[15:53] Leasing out mobile homes
[17:51] Tax benefits of mobile home parks
[20:04] Best way to reach out to Paul Moore
KEY QUOTE:
“Mobile home parks had been tied with the best investment I have ever made. I mean you if lease mobile homes out, you'll gonna likely be so sorry but if you leased out dirt which is the mobile home park to the tenants, it's a very high potential profit.”
SUMMARY OF BUSINESS:
Wellings Capital is a real estate private equity firm that manages a number of investment funds. We work with accredited investors and provide diversification across self-storage and mobile home park assets. Wellings Capital designates a portion of its profits to thwart human trafficking and rescue its victims.
ABOUT THE WESTSIDE INVESTORS NETWORK
TheWestside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestate #realestateinvesting #realty #passiveincome #investing #realestateinvestor #investor #investments #properties #realestateinvestment #business #REinvesting #beyourownboss #entrepreneurlife #motivation #mindset #success #entrepreneur #commercialrealestate #multifamily #realestategoals #cashflow #rentalproperty #investing101 #financialfreedom #passivewealth #author #passiveopportunity #mobiehomepark #mobilehomes #selfstorage #selfstoragefacility
CONNECT WITH PAUL MOORE:
Email: paul@wellingscapital.com
Website: https://www.wellingscapital.com/
LinkedIn: https://www.linkedin.com/in/paul-moore-3255924/
BiggerPockets: https://www.biggerpockets.com/users/paultmoore
Twitter: @PaulMooreInvest
Instagram: @paulmooreinvest
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT PAUL MOORE:
Paul is the Founder and Managing Partner of Wellings Capital, a real estate private equity firm. He founded multiple investment and development companies, appeared on HGTV, and completed over 100 commercial and residential investments and exits.
He has contributed to Fox Business and The Real Estate Guys Radio and is a regular contributor to BiggerPockets, producing live video and blog content. He is also a co-host of a wealth-building podcast called How to Lose Money and a three-time real estate author.
THIS TOPIC IN A NUTSHELL:
[01:36] Paul’s career background
[03:07] What inspired him to write a book?
[04:50] How did DST emerge and why?
[06:12] Advantages of DST
[9:00] What is Tenant in common? (TIC)
[10:21] How is DST different from TIC
[12:18] Why value-add is not suitable with the DST asset type?
[13:46] DST compared to Syndication
[15:39] Multifamily for DST
[16:50] Creating the process of DST
[18:31] Downsides for the operator
[20:43] What happens at the end of DST?
[24:05] How can you find DST deals and people who are doing it?
[25:18] SEC rules regarding advertising
[30:35] Which goes first, the deal or the structure?
[31:28] Differences in requirements for debt on DSTs
[34:54] Biggest benefits and drawbacks of DSTs
[38:25] Advice to his 25-year-old self
[40:07] Why jump into commercial real estate?
[41:03] First entrepreneurial endeavor
[43:04] Formal and informal training that shaped his journey
[44:43] Biggest mistake and what he learned from it
[47:15] Best way to reach out to Paul
KEY QUOTES:
[08:20] We found out that it is a place where it can receive 1031 funds but is actually managed by a professional. It’s basically a way to get mailbox money but keep your 1031 going. So, that’s a DST and that’s why they exist.
[35:01] The biggest benefit of DST
The biggest benefit for investors is keeping their 1031 ball and running, keeping that capital gain, and hopefully a swap till you drop. Also, having a passive investment opportunity, investors get 100% appreciation and don’t have to take on debt. It’s really for people who want stable predictable returns.
[38:46] Speculating vs. Investing
When you’re investing your principal is generally safe and you’ve got a chance to make a return, speculating is when your principal is not at all safe and you’ve got a chance to make a return. The first Nobel prize winner of economics from the US said that “if you want to have fun investing, you’re probably not investing, you’re probably gambling. “
[40:07] Residential is great but Commercial real estate is much more scalable. Tax benefits are unbelievably amazing as a Syndicator or as a Fund manager and the opportunity to scale is so much better. Most of the Forbes wealthiest people in America are investing in Commercial real estate. There must be a reason why.
SUMMARY OF BUSINESS:
Wellings Capital is a real estate private equity firm that manages a number of investment funds. We work with accredited investors and provide diversification across self-storage and mobile home park assets. Wellings Capital designates a portion of its profits to thwart human trafficking and rescue its victims.
ABOUT THE WESTSIDE INVESTORS NETWORK
TheWestside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestate #realestateinvesting #realty #passiveincome #investing #realestateinvestor #investor #investments #properties #realestateinvestment #business #REinvesting #beyourownboss #entrepreneurlife #motivation #mindset #success #entrepreneur #commercialrealestate #multifamily #CRE #CREinvesting #realestategoals #cashflow #rentalproperty #investing101 #financialfreedom #passivewealth #author #DST #delawarestatutorytrust #1031exchange #swapanddrop #syndication #tenantincommon #brokerdealers #owneroperator #prosandcons #passiveopportunity
CONNECT WITH PAUL MOORE:
Email: paul@wellingscapital.com
Website: https://www.wellingscapital.com/
LinkedIn: https://www.linkedin.com/in/paul-moore-3255924/
BiggerPockets: https://www.biggerpockets.com/users/paultmoore
Twitter: @PaulMooreInvest
Instagram: @paulmooreinvest
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT BEN MURPHY
Ben Murphy is a Portland native, graduating from Tigard High School in 2007. He then attended Willamette University in Salem, Oregon, receiving his Bachelor of Arts in Economics in 2011. After college, Ben worked for Colliers International Valuation & Advisory Services (CIVAS), focusing on multi-family appraisal. Ben is responsible for the day-to-day operations at Tilbury Ferguson IRE including client prospecting, marketing, website design, and underwriting/valuation.
In his free time, Ben enjoys playing lacrosse, skiing Mt. Hood, and is a travel enthusiast. His passions extend beyond commercial real estate; he is an avid supporter of The Nature Conservancy and Greenpeace USA. Ben is also a member of the Multifamily Northwest Government Affairs Committee and has over 10 years of experience in the commercial real estate world.
THIS TOPIC IN A NUTSHELL:
[01:33] Ben’s career background
[02:06] Starting in brokerage and partnership
[04:55] Investing in small multifamily
[06:32] Keys to success in developing relationships with brokers and clients
[08:19] Daily activities that gave Ben the best return of his time
[09:39] Establishing a call list
[10:41] Dealing with rejections on cold calling
[11:32] Mentorship and learnings in the brokerage business
[14:48] How to get the people to talk
[17:00] Partnership with Liz Tilbury
[18:44] How he started with his own real estate portfolio
[20:21] How to find off-market deals
[21:09] Using direct mail with a personal touch
[24:21] Insights of building a relationship with brokers
[25:23] Advantages of having a track record as a buyer
[28:41] Advice to someone who doesn’t have a solid track record in real estate
[30:00] Advice to his 25-year-old self
[31:23] First Entrepreneurial Endeavor
[32:23] Formal and Informal training that shaped his journey
[33:15] Biggest mistake and what he learned from it
[34:33] How to reach out to Ben Murphy
KEY QUOTES:
[07:45] To get a repeat seller to come back to you, I found that if you just act with integrity and honor and put the money and fee aside, people appreciate that.
[10:23] Commercial brokers are not for the faint of heart, and I think most people know that. It’s about hitting the phones early on and it’s what helped me the most.
[14:48] There are various ways to get the owner to open up. Sometimes, you get them talking and it isn’t going towards a sale at all, but they will come back to you after 3 months and out of the blue they’ll ask for a broker’s price opinion.
[24:28] The biggest thing you can do as a buyer who wants to compete and be taken seriously by other multifamily brokers is close the deal. At the end of the day, it’s just the track record. If you just keep closing the deals you’re committing to you’ll be on that kind of A-list to most brokers, you’re gonna earn that repeat business.
SUMMARY OF BUSINESS:
Ben Murphy, Multi-Family Broker, Tilbury Ferguson Investment Real Estate, Partner
Ben Murphy has closed nearly 50 apartment transactions totaling over $350,000,000 in value. He specializes in middle-market multifamily investment sales, typically priced at $3,000,000 - $10,000,000 of value. Ben is also actively expanding his rental portfolio with the acquisition of small plexes and apartment buildings throughout the Portland MSA as well as secondary markets in Oregon / SW Washington.
ABOUT THE WESTSIDE INVESTORS NETWORK
TheWestside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestate #investment #realestateinvesting #realty #passiveincome #investing #realestateinvestor #investor #investments #properties #realestateinvestment #business #REinvesting #beyourownboss #entrepreneurlife #coaching #motivation #mindset #success #entrepreneur #motivation #success #mindset #inspiration #commercialrealestate #multifamily #CRE #CREinvesting #realestategoals #cashflow #rentalproperty #businesstips #money #buildanempire #partnership #passiveincome #financialfreedom #passivewealth #brokerage #brokers #appraiser #coldcalling #coldcaller #repeatbusiness #trackrecord
CONNECT WITH BEN MURPHY:
Email: ben@tfn-ire.com
Website: https://www.tfn-ire.com/
LinkedIn: https://www.linkedin.com/in/benjamin-murphy-35968935/
Facebook: @Tilbury-Ferguson-Investment-Real-Estate
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT KEITH FERRAZZI:
Keith Ferrazzi is an entrepreneur, philanthropist, and renowned global thought leader in the future of work and leadership. As Founder and Chairman of Ferrazzi Greenlight and its research institute Go Forward to Work, he works with some of the world's most prominent organizations to maximize team performance and achieve extraordinary outcomes. Formerly, he was the CMO of Deloitte and Starwood Hotels.
Keith is a #1 New York Times best-selling author of Who’s Got Your Back, Never Eat Alone, and Leading Without Authority. His 20-year history of coaching c-suite executive teams has made him an agent of transformation and among the world’s greatest and most sought-after coaches.
THIS TOPIC IN A NUTSHELL:
[02:35] Basic principle of the book “Never eat alone” and “Leading without Authority.”
[03:44] About the new book – “Competing in the new world of work”
[04:50] Synchronous collaboration in the new world of work
[06:10] Effective collaboration with the team
[06:55] What drives collaboration
[09:14] Leading without authority
[11:10] Adapting to the new ways of the post-pandemic world
[12:33] Access for the free video series of the book: Competing in the new world of work
[14:50] Bulletproofing: Idea of using breakout rooms
[16:15] What characteristics do you see for those people to step up as a leader?
[17:37] What would you do as a leader to encourage teams to step up?
[19:25] Individuals who will thrive in the new world of work
[20:50] Professional personal check in to create empathy among others
[22:01] Rebooting assumptions of old myths of working
[24:40] New habits of working differently
[26:55 Attributes to successfully collaborate with the team
[27:39] What is leadership?
[28:17] Social contract assumptions
[30:12] Advice to his 25-year-old self
[30:28] His First Entrepreneurial Endeavor
[31:02] Formal and Informal Training that shaped his journey
[32:37] His biggest mistake and what he learned from it
[33:54] Keith’s take on partnership in business and life
KEY QUOTES:
[03:48] The biggest lesson that we didn’t learn during the pandemic is that we took old ways of working, old ways of meeting and we just moved them over into this new technology. We never reinvented our assumptions about work, about meeting in the new world of work. We just put old ways of working into a new tool and that was a real miss.
[09:28] During the pandemic if somebody had a powerful idea that would solve a problem, nobody worried about where it came from. Whoever had the solution to the problem had the authority to fix it, and we need to keep that alive in our organization.
[27:35] Leadership is not about you leading individuals. It’s about you getting a team of individuals to effectively work as the best co-elevating team possible.
Summary of Business:
Ferrazzi Greenlight is a global consulting and coaching firm based in Los Angeles. We unleash unexpected growth and enable Radical Adaptability within Fortune 500, Middle Market, and fast-growth Unicorns. We have experience across all industries, and we specialize in creating shareholder value by leveraging teams as the engine for change and transformative growth.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
realestate #investment #realestateinvesting #realty #passiveincome #buildingateam #investing #realestateinvestor #investor #investments #properties #realestateinvestment #business #REinvesting #beyourownboss #entrepreneurlife #coaching #motivation #mindset #business #success #realestate #entrepreneur #motivation #success #mindset #inspiration #author #writers #books #writer #bookstagram #writing #writingcommunity #bestsellingauthor #authorlife #reading #booklover #bookworm #write #authorslife #collaboration #reinvention #co-elevate #newworldofwork #postpandemic #interdependency #leadership #coelevatingteam #oldmyths #leadingwithoutauthority #collaborate #co-elevating #breakoutrooms #bhfyp
CONNECT WITH KEITH:
Email: Keith@ferrazzigreenlight.com
For marketing-related concerns:
mike@xyzmarketing.agency, jmechoso@ferrazzigreenlight.com
Website: https://www.keithferrazzi.com/, https://www.ferrazzigreenlight.com/
Get free access of the video course if you buy the book
(Competing in the New world of work) here:
http://www.radicallyadapt.com/
LinkedIn: https://www.linkedin.com/in/keithferrazzi/
Facebook:https://www.facebook.com/keithferrazzi
Instagram: https://www.instagram.com/keithferrazzi/
Twitter: https://twitter.com/ferrazzi
YouTube: https://www.youtube.com/user/keithferrazzi/featured
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT TERRY PORTER
Portland basketball icon Terry Porter was named head men's basketball coach at the University of Portland in April of 2016. Porter, a 17-year NBA veteran player and former NBA head coach, is the 21st basketball head coach in Pilot history. Porter was a standout for the Portland Trail Blazers and had his jersey retired by the franchise in 2009. During his 17-year NBA career, Porter averaged 12.2 points, 5.6 assists, 1.2 steals, made two All-Star appearances (1991, 1993), two trips to the NBA Finals (1990, 1992) and scored 15,586 career points.
In addition to his playing and coaching accolades, Porter has been one a strong advocate for various community and charitable organizations. He was a long-time team ambassador for the Trail Blazers after his playing career ended and one of the biggest community contributors of any Portland-area celebrity. He is a Boys and Girls Club Hall of Fame member, board member at Doernbecher Children’s Hospital, and created the Milwaukee Scholars Fund in 1994, which provides college scholarships to minority students. He and his wife Susie have three children – Brianna, Franklin and Malcolm.
THIS TOPIC IN A NUTSHELL
[01:30] His career background in NBA
[02:40] Privilege to coach his boys in college basketball
[04:18] Recognition received by retiring his jersey number
[06:51] How to motivate players to be a top-notch level
[07:20] Two types of Leadership or Coaching style
[09:20] Building the culture and relationship with the players
[14:40] Determining what type of player to recruit
[16:08] Coaching between amateur and professionals
[19:10] Recruitment and evaluation of players
[21:14] How to set the right goals, measure & achieve them
[23:55] Mentorship and coaching
[24:45] Managing outside distractions
[26:21] Core values he brought into his coaching style
[29:25] Dealing with players who don’t perform and are not committed
[33:36] Achieving greatness in your chosen career
[37:07] Advice to his 25-year-old self
[38:16] First Entrepreneurial endeavor
[39:20] Formal and Informal training that shaped his journey
[40:20] Biggest mistake or disappointment and what he learned from it
[43:45] Best way to reach out to Terry
KEY QUOTES:
[10:50] In professional sports, you’ve got to be honest and be careful with how you coach them with mistakes and how to handle criticism. Some guys you can yell at them in front of others, some guys you can't. The decisions you make are best for the group, not individual. Everybody’s got to understand that their role is valued for the organization and the team.
[25:00] On managing outside distractions:
You need to have a hard conversation with them and let them know that this will not last forever. You have to be smart on how to manage your big purchases, how you're gonna live, and the importance of taking care of your body. You should enjoy the fruits of your labor, but there’s a fine line of understanding how to enjoy and also maintain the condition of your body in order to perform the next day.
[33:31] There’s a lot of different levels of greatness. Each organization has to determine what greatness is. Improving yourself from the following year is reaching greatness. There’s a lot of victories along the way, and you might not reach the ultimate goal but if you put in the effort, dedication, and commitment to achieve a portion of those goals then that’s a form of greatness too because there are always sacrifices.
[42:27] When you face adversity, It’s how you respond to it, will you quit? or will you become more determined? Will you seek people who will help you get over adversity? You have to make sure that when you’re faced with the same scenario, you don’t commit the same mistake.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visitwww.uptownpm.com. If you are interested in investing in multifamily syndication, please visitwww.uptownsyndication.com.
investmentproperty #realestate #investment #property #realestateinvesting #realty #passiveincome #buildingateam#propertyinvestment #investing #realestateinvestor #investor #investments #properties #investmentproperties #realestateinvestment #business #REinvesting #beyourownboss #entrepreneurlife #coaching #motivation #mindset #business #success #realestate #business #entrepreneur #motivation #success #mindset #inspiration #propertyinvestment #realtor #investment #coaching #coach #motivation #training #fitness #mindset #business #lifecoach #leadership #inspiration #success #lifestyle #lifecoaching #entrepreneur #mindfulness #workout #marketing #sport #basketball #nba #ballislife #sport #bball #nbabasketball #basketballneverstops #hoops #dunk #basketballislife #nbaplayoffs #basketballtraining #collegebasketball #bhfyp
CONNECT WITH TERRY:
Email: tporter8524@gmail.com
LinkedIn: https://www.linkedin.com/in/terry-porter-159a15ba/
Facebook: https://www.facebook.com/terry.porter.125
Instagram:https://www.instagram.com/tporter30/
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication |https://www.uptownsyndication.com/
· LinkedIn |https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties |http://www.uptownpm.com
· Youtube |@UptownProperties
Westside Investors Network
· Website |https://www.westsideinvestorsnetwork.com/
· Twitter |https://twitter.com/WIN_pdx
· Instagram |@westsideinvestorsnetwork
· LinkedIn |https://www.linkedin.com/groups/13949165/
· Facebook |@WestsideInvestorsNetwork
· Youtube |@WestsideInvestorsNetwork
ABOUT EMILY MCALLISTER
Emily McAllister is a Realtor at Keller Williams Points East. She represents the region's finest properties with exceptional skill using the most innovative technologies currently available. Her team offers ultimate privacy and security, speed, and efficiency. Their years of full-time experience have given them a clear understanding of the mindset of home buyers and sellers and a thorough understanding of the regional marketplace. Emily is also an Investor and has a massive following on her social media platforms particularly Tiktok.
THIS TOPIC IN A NUTSHELL
[01:30] Emily’s career background
[02:45] How she got into real estate and her first job
[04:15] First mentor in real estate
[07:36] Structure of the job as a real estate agent
[08:55] Opportunity to do leasing in other brokerages
[09:18] Joining the Keller Williams Team
[10:20] Investing and how she jumped into her first deal
[14:25] Developing her online presence through social media
[15:40] Brand recognition through Tiktok
[16:37] Setting up her specific goals
[17:30] Target for this year
[19:21] Her plans for 2022
[20:55] Adding extra people to help her achieve the goals
[23:54] Advice on how to grow your online presence
[26:25] How she does her social media post and look for inspiration
[28:23] Advice to herself a year ago
[30:01] First Entrepreneurial endeavor
[32:02] Formal and Informal training that shaped her journey
[33:42] Biggest mistake and what she learned from it
[35:14] Best way to reach out to Emily
KEY QUOTES:
[06:22] I think that what people don’t understand about real estate is that you are running a business. Even if you’re employed under a specific brokerage firm or wherever entity you may hang your license. You are your own business by yourself. If you go to work for a team, it puts some of the pressure off, it allows you to be able to learn individual aspects of the job in bite-size pieces.
[14:30] On why she started Tiktok:
I started my account in Tiktok last January right after I set my goal for the year. I started it because I need it as a way for me to hold myself accountable and for other people to hold me accountable for those goals. Someone told me that the best thing I can do to myself is to share my goal with everybody who listens and give people a very specific answer “Here's what you can do to help me”.
[25:31] Emily’s advice on how to gain a lot of social media followers:
So I think that just me being very casual like and conversing with people, instead of being corporate businesslike all the time, makes it easier for people to relate to me and my platform.
[34:03] Her biggest mistake
I’m very concerned about how I am gonna be perceived, how people are gonna look at me. I try to avoid embarrassment at all costs. But my mom used to tell me that people do not spend all their time thinking about you, as you think they do. The general public does not care as much as you’re tricking yourself into believing that.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visitwww.uptownpm.com. If you are interested in investing in multifamily syndication, please visitwww.uptownsyndication.com.
investmentproperty #realestate #investment #property #realestateinvesting #realty #passiveincome #propertyinvestment #investing #realestateinvestor #investor #investments #properties #realestateinvestment #REinvesting #beyourownboss #entrepreneurlife #coaching #motivation #mindset #business #success #entrepreneur #motivation #success #mindset #inspiration #realestatebrokers #brokerage #kellerwilliams #realtor #realestateagent #realtorlife #home #forsale #househunting #property #dreamhome #newhome #investment #realty #homesweethome #sold #luxuryrealestate #broker #realestatelife #homesforsale #house #luxuryhomes #justlisted #realtorsofinstagram #firsttimehomebuyer #homeforsale #bhfyp
CONNECT WITH EMILY:
Email: emilymcallister@kw.com
Website: https://www.emilymcallister.com/
LinkedIn: https://www.linkedin.com/in/emily-mcallister-869877172/
Facebook: https://www.facebook.com/realtoremilymcallister
Instagram: @realtoremilymcallister
Tiktok: @realtoremilymcallister
Youtube:@Emily McAllister
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication |https://www.uptownsyndication.com/
· LinkedIn |https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties |http://www.uptownpm.com
· Youtube |@UptownProperties
Westside Investors Network
· Website |https://www.westsideinvestorsnetwork.com/
· Twitter |https://twitter.com/WIN_pdx
· Instagram |@westsideinvestorsnetwork
· LinkedIn |https://www.linkedin.com/groups/13949165/
· Facebook |@WestsideInvestorsNetwork
· Youtube |@WestsideInvestorsNetwork
ABOUT BRAD BLUMENTHAL
Brad Blumenthal is an actor, writer on TV and films and has been on different business ventures like jewelry, clothing, music, and real estate. Some of Brad's movies are Volcano, Hook, and Pulp fiction. He started getting into the real estate biz when one of his friends invited him over to check on a house for sale and ended up buying the house for himself. He kept on buying more properties and did flipping and development mostly.
THIS TOPIC IN A NUTSHELL:
[01:36] His career background
[02:50] How he got into real estate
[03:35] Buying his first deal
[06:00] Getting into different business ventures
[07:25 His Entrepreneurial experience
[08:57] His Hollywood experience and acting gig when starting out
[10:25] How he was cast in Spielberg film
[12:00] His first role as an actor
[14:06] Learning more on acting biz and growth as an actor
[17:30] Lessons from the first few deals
[17:59] Escrow assistance on real estate investments
[19:01] Best time to make an offer in buying properties
[20:55] How to find subs and manage contractor
[25:03] Giving timeline for contractors
[26:50] Monitoring progress of work done on renovation and flips
[28:11] Finding the best litigator to protect your investments
[29:37] Advice to his 25-year-old self
[31:05] His First Entrepreneurial Endeavor
[33:42] Formal and Informal Training that shaped his journey
[35:57] His biggest mistake and what he learned from it
[41:02] Best way to reach out to Brad
KEY QUOTES:
[07:55] I’m more of a street-smart guy and so I go by Mark Twain’s favorite quote “I never let schooling interfere with my education.” I’ve learned the hard way, unfortunately, I make my mistakes by doing and not by reading and I just throw myself into it and see what happens.
[21:02] I do not recommend trying to do the house yourself with you being the general contractor, like what I did in the beginning. That to me is a huge mistake, if some subcontractors screwed up, you’re screwed, as opposed to if you have a contractor the odds and everything else falls onto the contractor. I think having a general contractor even on a small gig is important.
[25:35] When you set a timeline and specific deadline for contractors, you’ve got to be careful and be much more hands-on if you take that approach to make sure that the work being done is quality and they’re not cutting corners with materials.
[34:51] On buying real estate:
If there is an opportunity there, you go for it. When you’re at it, as long as I’m at it, It was never ever a question to me whether I was gonna make money on a project. I won’t buy a property unless I know I would double my money.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visitwww.uptownpm.com. If you are interested in investing in multifamily syndication, please visitwww.uptownsyndication.com.
investmentproperty #realestate #investment #property #realestateinvesting #realty #passiveincome #buildingateam#propertyinvestment #investing #realestateinvestor #investor #investments #properties #investmentproperties #realestateinvestment #business #REinvesting #beyourownboss #entrepreneurlife #coaching #motivation #mindset #business #success #realestate #business #entrepreneur #motivation #success #mindset #inspiration #propertyinvestment #realtor #investment #home #renovationteam #renovation #flipping #hollywoodexperience #contractor #escrow #timeline #actingcareer #firstdeal #renovation #flipping #publisher #realestatedeveloper #actor #businessventure #businessman #music #clothingbusiness #writer #films #movies #movieindustry #actinggig #sidehustle
CONNECT WITH BRAD:
Email: maxbradly@mac.com
Website: https://bradactor.com
LinkedIn: https://www.linkedin.com/in/brad-blumenthal-5b550ba/
Facebook:https://www.facebook.com/brad.blumenthal1
Instagram: https://www.instagram.com/maxbradly12/
Youtube: https://www.youtube.com/user/maxbradly/videos
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication |https://www.uptownsyndication.com/
· LinkedIn |https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties |http://www.uptownpm.com
· Youtube |@UptownProperties
Westside Investors Network
· Website |https://www.westsideinvestorsnetwork.com/
· Twitter |https://twitter.com/WIN_pdx
· Instagram |@westsideinvestorsnetwork
· LinkedIn |https://www.linkedin.com/groups/13949165/
· Facebook |@WestsideInvestorsNetwork
· Youtube |@WestsideInvestorsNetwork
ABOUT BILL GROSS
Bill Gross is an expert on Los Angeles Probate. Born in Santa Monica, he has been in real estate for over 30 years, closed thousands of transactions, and gives his all to help his customers achieve their goals. He hosts a weekly call to discuss how to get sales in probate, how to engage with probate attorneys, and more probate-related topics for real estate agents and investors.
THIS TOPIC IN A NUTSHELL
[01:24] Bill’s career background
[02:38] How he got into real estate
[05:30] Aspects about real estate that he loves
[06:17] How did he find the niche in probate
[07:40] What is probate?
[08:40] Why do you need to set up a Trust?
[11:12] Probate cases via online
[12:08] Regulations of the different county on probate
[13:25] Ways to find an opportunity in probate cases
[15:50] Difficult cases in probate and why is it difficult?
[17:10] What is Partition action?
[19:45] Point of contact to find leads
[21:30] Sample of a complicated process in probate
[25:30] Process on how to track a court sales
[28:59] Deals not in RMLS
[31:49] Commissions by listing agents
[34:24] How the investor is involved as a part of the team
[35:25 ] Advice to his 25-year-old self
[37:23] First Entrepreneurial endeavor
[38:42] Formal and Informal training that shaped his journey
[39:38] Biggest mistake and what did he learn from it
[41:12 ] Best way to reach out to Bill
KEY QUOTES:
[24:55] I think the money is made by overcoming obstacles and solving problems. Too many people think that money is on easy deals like cryptocurrency or the likes. What I do know is that if you solve problems that people can't, you get paid and oftentimes a lot of money and that works for me.
[35:30] Play for the long game. I think real estate and marketing in general is a long tail to play for. You have to get to business to pay your bills right away but understand that marketing is about a two-to-three-year cycle time and a system in place is gonna yield its return over a 2-to-3-year period. Hang for it while you can but play for a longer game.
[36:45] That’s where many investors fail, they all run around and look for transactions that they come across, but it's a relationship game and if you can develop relationships, stay in touch with people for a while, you’re gonna get a lot more return for your investment whatever your marketing is.
[40:33] The quality of people that you work with is much more important than their skills and success level.
SUMMARY OF BUSINESS
EXP Realty - Whether you’re buying or selling, our agents provide deep local real estate experience and knowledge to make your experience as frictionless and empowering as possible. As an experienced Real Estate Professional, we will make sure that you are always well-informed in regard to these decisions – especially as they pertain to real estate. We will also help you with some of the difficult conversations you may have to have with family members and other heirs. If you haven’t yet secured the services of a competent probate attorney, we can help you choose one whose good work we know and are comfortable recommending.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #property #realestateinvesting #REinvesting #propertyinvestment #investing #realestateinvestor #investor #investments #properties #investmentproperties #realestateinvestment #business #REinvesting #beyourownboss #entrepreneurlife #coaching #motivation #mindset #business #success #probate ##estateplanning #wills #realestate #powerofattorney #lawyer #trusts #estateplan #agents #estateplanningattorney #divorce #law #attorney #foreclosure #familylaw #probatelawyer #livingwill #legal #elderlaw #will #assetprotection #willsandtrusts #guardianship #livingtrust #estate #webuyhouses #lawfirm #trust #preforeclosure #bhfyp #realestateagents #brokers
CONNECT WITH BILL:
Email: bill@thelaprobateexpert.com
Website: https://billgross.exprealty.com/
LinkedIn: https://www.linkedin.com/in/billgrossexp/
Facebook: https://www.facebook.com/BillGrossEXP
Instagram: https://www.instagram.com/billgross613/
Probate weekly: www.ProbateWeekly.com
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT STEVE ROESCH
Steve Roesch has been practicing Real Estate on a full-time basis in the Portland Metro Area, including Southwest Washington since 1996. He finds great pleasure in educating first-time buyers on the local areas, the anatomy of a real estate transaction, and guiding them to the right home to accommodate their lifestyle and budget. Steve became the owner of Nexthome Realty connection in early 2016. They started out with a small team of strong agents and continued to add more to the team as they grew serving the Portland, Metro area.
THIS TOPIC IN A NUTSHELL
[01:30] His career background and how he got into real estate
[03:41] His first mentor in real estate
[04:19] Transition from W2 job to real estate
[06:53] Decision to run a franchise
[07:50] Finding passion on Investing
[09:39] Progression on how to develop a team
[10:34] Mentoring his team
[12:09] How he got into short sale business
[13:05] Marketing skills learned along the way
[14:05] Setting up a win-win situation with brokers
[16:31] Financial freedom in real estate
[17:15] How he motivates his people as a coach
[18:50] Creating a positive environment at work
[19:51] Coaching a small mastermind to help others
[22:23] Benefits and pitfalls of running a franchise
[25:49] Goals for Nexthome and partnering up with brokers
[28:20] Sales meeting and samples of local and national issues they discuss
[33:00] Advice to his 25-year-old self
[35:21] First entrepreneurial endeavor
[37:15] Formal and informal training that shaped his journey
[39:51] Biggest mistake and what he learned from it
[45:28] Best way to reach out to Steve
KEY QUOTES:
[14:32] “That’s when we decided that we will break up the team and open up a brokerage that will function as the team, and it’s a win-win situation. You have the same things that you have before, but the company is now ours and the leads that you get are yours. The leads that I give can be half mine and half yours and everyone seems to be happy.”
[23:20] Steve on brokers and agents:
“When they are succeeding and they reward you with some of their success, that’s one of the best feelings, when somebody reaches that all-time goal. Everybody has a certain goal that you want to help them reach and when they do, that’s super rewarding. “
[24:54] Steve on opening up a business franchise:
“My fear is that it will continue to get more and more expensive to compete with technology as an independent and if you have agents who will work for you, you have to provide the same technology. The franchise just put that out together. There are franchises out there that will allow you to have the same freedom with your own team and have that technology that is on a higher level so that is a huge factor in the franchise.”
SUMMARY OF BUSINESS
Nexthome Realty - We are a high-energy and welcoming team of Brokers that constantly strive to deliver superiority of service and expertise to our clients. To do this we embrace a strong team culture, the hottest technology, the most recent research, and reliable support staff that enthusiastically works to free up our agents’ time to produce!
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #property #realestateinvesting #realty #passiveincome #buildingateam #propertyinvestment #investing #realestateinvestor #investor #investments #realestateinvestment #REinvesting #beyourownboss #entrepreneurlife #coaching #motivation #mindset #business #success #realtor #realestateagent #home #property #forsale #investment #realtorlife #househunting #luxury #dreamhome #newhome #luxuryrealestate #house #inspiration #homesweethome #luxuryhomes #business #realestatelife #realty #realestateinvestor #entrepreneur #sold #broker #team #homesforsale #franchise #entrepreneur #motivation #success #mindset
CONNECT WITH STEVE:
Phone: 503-318-6351
Email: steve@nexthomepdx.com
Website:https://www.nexthomepdx.com/
LinkedIn: https://www.linkedin.com/in/steveroesch/
Facebook:@nexthomerealtyconnection; @rushsteve
Instagram:https://www.instagram.com/nexthomepdx/
Twitter: https://twitter.com/Nexthomepdx
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT SEAN TAGGE
Sean Tagge graduated in Biomedical Engineering at the University of Utah. Upon graduating he
worked at the University of Utah Hospital doing research on artificial hearts. In 2017 he transitioned into his true passion, Real Estate Investing. Today he is the partner and Chief Operating Officer at Memphis Investment Properties. There he manages the day-to-day operations of acquiring and selling single-family Turnkey properties. He uses his engineering skills to organize and streamline the systems and processes of the business. He has been involved in over 1000 single-family real estate transactions and is partner-owner on over 600 multifamily apartment doors.
THIS TOPIC IN A NUTSHELL
[01:40] Sean’s career and company background
[02:32] Why did he get into real estate
[03:35] Transition from W2 job to full time in real estate
[04:56] Streamlining process when doubling up the volume
[07:45] Core processes after the deal acquisition
[09:30] Renovation process and team recruitment
[11:00] Warehouse management and process
[12:01] How to track historical data for renovation
[13:36] Looking at projected vs. actual budget
[16:04] Steps to improve the streamlining process
[20:41] Accountability and transparency with team members
[21:12] Quarterly rocks and goals
[21:50] How to look for qualified crews
[23:50] How to bid with prices; negotiate on prices
[25:22] Typical houses they work on
[27:00] Cost analysis of renovation works
[30:51] Technology implemented to help with the process
[31:39] Creating a dashboard of data metrics
[34:00] Property management of their business
[35:21] Tech software and app used to notify tenants
[36:12] Advice to his 25-year-old self
[37:33] First Entrepreneurial endeavor
[38:38] Formal and informal training that shaped his journey
[39:52] Biggest mistake and what he learned from it
[42:56] Best way to reach out to Sean
KEY QUOTES:
[14:48] I highly suggest that you give a performance bonus to your employees. If we win, they win, if we lose, they lose with us, although not the exact same proportion. You make it something that they have direct control and something that you want them to focus on that will earn you money and earn them money. Having some competition in the workplace is fun.
[36:36] Research emotional awareness and meditation and learn about what they truly are vs. the stigma of it. I’m not as stressed as I used to be, because I understand how to work those. For anyone running a business, it is a huge benefit and investment of your time to look into that.
[41:46] Always look at your mistakes and approach them with curiosity, ask a dozen questions and answer them all. Appreciate it, don't just avoid it, learn to appreciate and embrace those mistakes.
SUMMARY OF BUSINESS:
Memphis Investment Properties - We provide newly renovated, cash-flowing Turnkey rental properties in Memphis, TN, with in-house property management. We help investors buy, renovate and manage great properties in Memphis, TN.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #property #realestateinvesting #realty #passiveincome #buildingateam#propertyinvestment #investing #realestateinvestor #investor #investments #properties #investmentproperties #realestateinvestment #business #REinvesting #beyourownboss #entrepreneurlife #coaching #motivation #mindset #business #success #realestate #business #entrepreneur #motivation #success #mindset #inspiration #propertyinvestment #realtor #investment #home #keysystems #renovationteam #renovation #streamlinedprocess #tractionbook #traction #propertymanagement #syndication #memphis #projectedbudget #actualbudget #warehousemanagement #teambuilding #renovationcrews #turnkeys #turnkeyflips #wholesaling #costanalysis #bidding #performancebonus #topperformers #employeerecognition #teameffort #weeklymeetings
CONNECT WITH SEAN:
Phone: 901-500-7517
Email: seantagge@gmail.com
Website: https://www.memphisinvestmentproperties.net/
LinkedIn: https://www.linkedin.com/in/sean-tagge-2a862b38/
Facebook: https://www.facebook.com/MemphisInvestmentpropertiesllc
Instagram: https://www.instagram.com/memphisinvestmentpropertiesllc/
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT PAUL KANKOWSKI
Paul was born in San Diego and has graduated from the University of San Diego with a master’s in Education. He was a math teacher and administrator for 17 years before he became a broker and started House Match in 2014. Paul has been a featured speaker at NARPM and has led five conferences on systems last August 2021 and worked with over 50 property managers from around the country on creating better systems for your business. He is a mentor and coach to numerous property management companies around the United States to help them create better workflows and be more efficient within this industry. He loves skiing, mountain biking, hiking, swimming, and being active.
THIS TOPIC IN A NUTSHELL
[01:30] Paul’s career and company background
[02:50] How he transitioned from stepping out of the business
[06:50] Systems implemented in the business
[07:21] Key system process that you should prioritize
[09:41] What constitutes a good process?
[12:50] Knowing what’s wrong in the process and how to resolve it
[15:42] How to remove a judgment call in the process
[18:40] Handling objections and disputes with the tenants
[19:48] Managing move out inspections and processes
[21:45] Committee and team members who decide on disputes
[23:40] Getting ideas from the community and making it better
[24:12] Pitfalls on implementing the process
[26:08] Why consult with a systems expert?
[28:30] Motivating your team members to keep on using the system
[31:58] Implementing a new process
[34:18] Cross-training employees to fill in the gaps
[36:00] How to manage the workload of employees
[39:50] Finding work-life balance in the business
[42:00] Advice to his 25-year-old self
[44:19] First entrepreneurial endeavor
[46:24] Formal and Informal training that shaped his journey
[47:25] Biggest mistake and what he learned from it
[50:33] Best way to reach out to Paul
KEY QUOTES:
[04:03] There should be someone in the industry to hold you accountable. Find someone else outside and say this is my goal, this is what I want to do, and have a once-a-month conversation with them. I think that’s the most effective way to get out of the business, it’s piece by piece, it doesn’t happen overnight, for me it’s probably 3 years long.
[09:41] First off, a good process is that you can’t combine 5 processes in one. You can’t combine move in and move out together, that’s bad. Those are completely separate processes. Next thing is that a process should ask a question ahead of time and should avoid judgment calls. Also, a good process is good training of your team members.
[24:37] This is the biggest pitfall; everybody wants to buy a quick fix. Everybody would say, hey, can I have your move-in process? Well, it’s not gonna work for you, it’s not your company. You need not just buy something; you need to buy the expertise to get it so it works for your company. Every time I deal with the system, whoever is in charge of that, they are on the committee and they are working with us to get it right.
[42:25] Live life to its fullest, enjoy every day. Take this seriously but think of what you spend your time on doing because one thing we can’t get back is the time. I would rather work so hard, but I also wish that I would’ve not always been so driven that everything has to be like, I need to get through this.
SUMMARY OF BUSINESS
Housematch - We offer complete property management services in Temecula, Winchester, San Diego, Murrieta, Menifee, and the surrounding area to ensure that property owners are able to make a profit from their properties without having to spend a lot of time managing the day-to-day tasks such as repairs, maintenance and tenant relations.
PM Solutions Pro - offers world-class solutions for Property managers. We can develop efficient and effective business processes, helps you grow your ranking and traffic through search engine optimization, and hire a remote assistant to improve your business while reducing cost.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #property #realestateinvesting #realty #passiveincome #buildingateam#propertyinvestment #investing #realestateinvestor #investor #investments #properties #investmentproperties #realestateinvestment #business #REinvesting #beyourownboss #entrepreneurlife #coaching #motivation #mindset #business #success #realestate #business #entrepreneur #motivation #success #mindset #inspiration #propertymanagement #propertyinvestment #realtor #investment #home #keysystems #businessprocess #propertymanagementsystems #systemsexpert #crosstrainingemployees #nojudgementcalls #motivation #pitfalls #teammembertraining #trainingtherightway #coreprocess #moveinprocess #moveoutprocess #owners #tenants #certifiedcoach #mentors #pmsolutionspro
CONNECT WITH PAUL:
Phone: 951-225-4020
Email: Paul@housematchca.com
Website: https://www.housematchca.com/; https://pmsolutionspro.com/
LinkedIn: https://www.linkedin.com/in/paul-kankowski-5b761344/
Facebook: https://www.facebook.com/paul.kankowski; https://www.facebook.com/housematchhomes/
Instagram: https://www.instagram.com/paulkanko12/
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT GINO BARBARO
Gino Barbaro is an investor, business owner, author, and entrepreneur. As a real estate entrepreneur, he has grown his portfolio to over $100,000,000 in assets under management and is teaching others how to do the same. He is the co-founder of Jake & Gino and the best-selling author of three books, Wheelbarrow Profits, The Honey Bee and Family, Food and the Friars. Gino graduated from IPEC (Institute for Professional Excellence in Coaching) where he earned his designation as a Certified Professional Coach. He currently resides in St. Augustine, Florida with his beautiful wife Julia and their six children.
THIS TOPIC IN A NUTSHELL
[01:40] Short background of Gino Barbaro
[03:10] Ultimate goals to achieve financial freedom
[05:08] Values-based decision making
[06:00] Scenario where you envision your future
[07:00] How Gino create a picture for his future and set goals with it
[08:30] Transforming your mindset
[09:55] Developing core values and how to infuse that into their culture
[11:48] 3CS when hiring people: Character, Competency, Chemistry
[12:35] Core values of their team
[13:40] Working for a cause and not just for a paycheck
[15:13] Having a long-term mindset
[16:18] Using money as a tool to achieve your goals
[19:17] Creating systems and training employees
[21:05] Outsourcing tasks to maximize efficiency
[26:20] Systematic approach to achieving goals
[27:42] Working out the strength of your employees
[30:00] Creating a brand by writing kids book to teach kids the value of money
[31:38] How do you choose what not to do?
[33:30] Advice to his 25-year-old self
[34:45] First Entrepreneurial endeavor
[36:03] Formal and Informal training that shaped his journey
[37:45] Biggest mistake and what did he learn from it
[41:10] Best way to reach out to Gino
KEY QUOTES:
[04:56] We should make value-based decision making. We look at things at 3-month, 6-month, 12-month windows when we should be looking at deals in the decades. If you’re gonna buy a deal, is it going to be good for the next 10 years?
[15:40] Think about how you want to be remembered. For me, it’s the contribution aspect that is more important than anything else. Your quality of life comes back to the experience you’ve had like helping students, being able to donate to charities, and making a difference, those memories are important.
[25:27] You need to know what’s gonna move the needle the most in your organization. Know what you need to do and set up priorities based on those needs.
[34:05] Anybody can learn what a cap rate is or what a cash-on-cash return is, not many people can get the mental hurdle of fear. If you can work on yourself and your personal development and get clarity on your Why and you’re gonna crush it, man.
SUMMARY OF BUSINESS
Jake & Gino - a multifamily real estate education company that offers coaching and training in real estate founded upon their proprietary framework of Buy Right, Manage Right & Finance Right ™. When you’re starting your multi-family investing journey, the last thing you want to do is start out on the wrong foot. Jake and Gino can guide you along the path, and give you the best chance of finding success. If you want to learn from the two of the top mentors in the business, then Jake and Gino are here to help.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #property #realestateinvesting #propertyinvestment #investing #realestateinvestor #investor #investments #properties #investmentproperties #realestateinvestment #business #REinvesting #beyourownboss #entrepreneurlife #coaching #motivation #mindset #business #success #business #renovation
realestatecoach #certifiedcoach #realestatementors #transform #transformyourmindset #corevalues #character #competency #culture #financialfreedom #moneyasatool #longtermmindset #valuesbaseddecision #companyculture #kidsbook #valueofmoney #outsourcingtasks #delegate #investingtips #buyright #manageright #financeright
CONNECT WITH GINO:
Email: gino@jakeandgino.com
Website: https://jakeandgino.com/
LinkedIn: https://www.linkedin.com/in/gino-barbaro-03973b4b/
Facebook: https://www.facebook.com/jakeandgino
Youtube: https://www.youtube.com/channel/UCc3wzHivzXxcgSTtDam4vnw
Twitter: https://twitter.com/JakeandGino
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT BOB PRESTON
Bob Preston is the owner, founder, and President/CEO of North County Property Group and its sister company MaintenanceSync. He graduated from the University of California with a degree in Psychology and has MBA in Marketing and Executive Education Certificate from Stanford University. He has been elected as the President of the California State chapter of NARPM for the 2020-2021 term.
THIS TOPIC IN A NUTSHELL
[01:27] Bob’s career background
[02:28] What are NARPM, CRMC, and RMP?
[03:45] How he got started in real estate
[05:20] Transition to Property Management
[07:31] Involvement in NARPM to step up the business
[09:50] Building a team for property management
[11:40] Going paperless and improvement to the documentation process
[16:27] Recent implementations to improve their system
[18:03] What are the Tenant Turner app and its benefits?
[20:24] Virtual showings and their benefits
[22:37] Process automation and its challenges
[25:14] Resolving unplanned items in the process automation
[27:40] Critical aspects in the process that needs a human touch
[28:01] Resistance from employees on process implementation
[29:25] Identifying bottlenecks & resolving issues
[33:04] How to balance the marketing aspect & pain points of the business
[36:01] Advice to his 25-year-old self
[37:33] First Entrepreneurial endeavor
[39:20] Formal and Informal training that shaped his journey
[40:57] Best decision made in his life
[43:20] Best way to reach out to Bob
Keywords:
The National Association of Residential Property Managers (NARPM®) is an association of real estate professionals who know first-hand the unique problems and challenges of managing single-family and small residential properties.
Certified Residential Management Company (CRMC) - Members have attained the highest levels of education and commitment in the field. A detailed examination of the company and recommendations from clients and peers are required to earn this designation.
Master Property Manager (MPM) - is the highest level a property manager can attain. MPM designees must have already attained the RMP, and in addition have managed 500 units over a 2-year period.
KEY QUOTES
[8:20] I became more aware of NARPM and realized that there are things that I can learn from the organization. I wanted to take the company to the next level and find out what's going on out there and it really helped.
[31:12] Always stay in touch with the team and pull-out items where they might be hitting those bottlenecks and then just correct them through some process change, or technology, maybe a new tool, and having the resources to make that happen.
[31:26] I always say to my team that there are resources and then there's resourcefulness. I believe that 90% of bottlenecks can typically be handled through resourcefulness and brainstorming to resolve the issue rather than throwing money out of the problem.
SUMMARY OF BUSINESS
North County Property Group is the only San Diego property management company awarded with the Certified Residential Management Company (CRMC®) designation by the National Association of Residential Property Managers (NARPM®). The property management programs are designed to exceed expectations, build trust and confidence, and maximize the value of real estate assets. The company objective is to be the trusted advisor to protect rental property investments, achieve the real estate financial goals of our clients, and free them of the time involved in being a landlord.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
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CONNECT WITH BOB:
Email: bob@ncpropertygroup.com
Website: https://www.ncpropertygroup.com/
LinkedIn: https://www.linkedin.com/in/prestonbob/
Facebook: @bob.preston.7773; @NorthCountyPropertyGroup
Instagram: https://www.instagram.com/ncpropertygroup/
Twitter: https://twitter.com/NCPropertyGroup
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT NANA PIESIE
Nana Piesie is the joint owner of Miracle Properties Ltd. He is also the host of the Pengaflode podcast and a mentor for coal.liance (to help Afro-Swedes between 18-25). He is currently residing in Sweden with his wife and two kids and investing remotely in the UK. Nana loves traveling, macroeconomics, investment, networking, food, football & tennis.
THIS TOPIC IN A NUTSHELL
[01:15] Nana’s career background
[02:15] How he got into investing in the UK
[04:21] Building the team remotely
[05:30] Differences in the US and UK market
[07:11] How they look for deals
[08:10] Owning a property as foreign investors
[09:31] Setting up a limited company (Special purpose vehicle)
[10:34] Escrow process of owning a property
[11:56] How they manage the business remotely
[14:02] Mortgage process in the UK
[19:14] Loan terms of deals they’ve done
[21:17] Interest rates on loan terms
[24:12] What is a Lease Option?
[25:33] Rent to Rent and Option to buy
[27:36] Importance of setting up a contract (Power of attorney)
[29:26] Typical houses in the UK
[29:58] Resolving exterior issues remotely
[33:00] His advice to 25-year-old self
[34:05] First Entrepreneurial endeavor
[34:35] Formal and Informal training that shaped his journey
[35:32] Biggest mistake and what he learned from it
[36:50] Best way to reach out to Nana
KEY QUOTES
[13:06] If we are doing renovations, we trust the builder, but we need to verify, so we got someone who goes in to check, pictures can look good you know, but the next person will tell the truth hopefully and that’s how we do our deals.
[33:03] Take more risks and try to explore, fail more in life so you can find your passion. I stick too long on being safe, I should have just gone my way.
[35:40] My biggest mistake is procrastinating too long on taking the leap of faith. The path to real estate has a lot of bumps and rides, and we’re still growing. Just imagine if I started doing it ten years ago, where we would have been today?
SUMMARY OF BUSINESS
Miracle Properties Ltd - We are UK real estate company that resides in Sweden doing all remotely. We have built up a great power team both off and online to help us scale and maintain our business. Furthermore, we provide great returns to our investors as well. We focus on high cash flowing and creative strategies.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #property #realestateinvesting #investing #realestateinvestor #investor #investments #properties #investmentproperties #realestateinvestment #business #REinvesting #beyourownboss #entrepreneurlife #coaching #motivation #mindset #business #success #realestate #business #motivation #success #mindset #inspiration #podcaster #podcasthost #remoteinvesting #sweden #unitedkingdom #foreigninvestor #mortgageprocess #escrow #leverage #leveragingmoney #assetacquisition #foreigninvestments #propertyowners #remoteinvestors
CONNECT WITH NANA:
Email: Nana@miraclepropertiesltd.com
Website: https://www.miraclepropertiesltd.com/
Socials:
LinkedIn: https://www.linkedin.com/company/miracle-properties-ltd/
Facebook: https://www.facebook.com/miraclepropertiesltd
Instagram: https://www.instagram.com/miracle_properties_ltd/
Youtube: https://www.youtube.com/channel/UCX47jkL2qUfzn59fsZwGo6w
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT VAN STURGEON
Van Sturgeon is an experienced entrepreneur of over 30 years who has successfully created several businesses in the real estate industry, that cover areas of land acquisition, development, construction and renovation. Van personally owns over 1,000 properties across North America, and is semi-retired from the day-to-day operations of his businesses.
THIS TOPIC IN A NUTSHELL:
[01:07] Van’s career background
[03:50] Transition from tenants to the landlord
[05:15] How he got into renovation and rehab
[06:24] External Factors that affected the vacancy rates in the late 70s
[09:50] His take on Inflation and Interest rates
[14:00] Why you should invest in real estate amidst rising interest rates
[17:30] Fundamental skillset of a successful investor
[19:05] Romanticizing DIY renovation
[20:35] Act as your own general contractor
[22:03] How to come up with the right budget
[24:20] Scope of work document: a crucial step in the rehab process
[29:12] What is inside the detailed Scope of Work?
[33:48] Biggest pains as a general contractor
[35:40] Setting milestones and scheduled payment structure
[38:10] Responsibility of contractors in handling materials
[40:50] Easy wins for novice investors
[42:06] Advice to his 25-year-old self
[45:15] First Entrepreneurial Endeavor
[45:40] Formal and Informal training that shaped his journey
[50:10] Biggest mistake and what did he learn from it
[55:20] Best way to reach out to Van
KEY QUOTES:
[19:00] Unfortunately, Hollywood romanticizes the whole DIY thing where you buy a property and 30 minutes later, you have this beautiful property that you made hundreds of thousands to profit on. We all know that it isn’t the case, it requires much more than that.
[25:18] You need to nail down the scope of work, once you have that, it's amazing how things flow beautifully from that process. It's like trying to bake a cake without a recipe. You can buy all the ingredients but if you don't have a recipe to follow, then you're not getting far from baking a good cake.
[35:35] You should always structure your payment schedules when certain milestones of that project were reached. If you were able to do that, you keep those individuals working. Money is a critical element to make sure that contractors do their job.
[43:25] Real estate is a long game. It's not a wham bam thank you, mam. It requires a lot of time, effort, and patience associated with trying to get you from where you are today to where you want to be tomorrow.
SUMMARY OF BUSINESS
VAN STURGEON One-on-one Coaching & Mentorship Program provides expert and up to date renovation advice and information for all house renovations across North America. You will have access to experts in design and renovation, and you will gain the confidence and knowledge to handle your very own house renovation.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #property #realestateinvesting #propertyinvestment #investing #realestateinvestor #investor #investments #properties #investmentproperties #realestateinvestment #business #REinvesting #beyourownboss #entrepreneurlife #coaching #motivation #mindset #business #success #business #renovation #construction #design #home #architecture #homerenovation #renovationproject #remodel #realestate #homeimprovement #contractor #generalcontractor #interiors #house #building #remodeling #housebuilder #builder #mentor #coach #renovationmentor #homebuilder
CONNECT WITH VAN:
Email: info@vansturgeon.com
Website: https://vansturgeon.com/
Socials:
LinkedIn: https://www.linkedin.com/in/van-sturgeon-029018200/
Facebook: https://www.facebook.com/RealVanSturgeon
Instagram: https://www.instagram.com/vansturgeon/
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT VICTORIA JODIS
Victoria Jodis is the Founder and Managing partner of Steel Wolf Ventures. She's also the host and Executive Producer of Ventures Report by BIZ stars TV. Victoria is one of the first few female CCIM-trained investment brokers before she decided to go the development route and started putting investors in with the money she made in commercial real estate. By 2016, she formed Steel Wolf, a hybrid business model, and partners with cutting-edge venture deals that we feel are going to explode and have a big market.
THIS TOPIC IN A NUTSHELL
[01:30] How she started in the commercial real estate
[03:56] How the Steel Wolf Ventures was formed
[06:36] What is a Hybrid Venture business model?
[09:43] How they deal with their business partners
[11:14] Process on partnering up with a hybrid model company
[14:48] Dealing with hard assets of the business
[16:50] Cutting-edge project that they’re currently in
[20:00] How to build the right team
[24:55] How to leverage in Venture capital business
[27:00] Creative structure to maximize their profits
[29:23] Her advice to 25-year-old self
[31:00] First Entrepreneurial endeavor
[34:34] Formal and Informal training that shaped her journey
[36:01] Her biggest mistake and what she learned from it
[37:46] Best way to reach out to Victoria
KEY QUOTES
[07:02] Our business model is that we're kind of in that middle between the angel groups, and the big guys that charge upfront to raise your money and sometimes are successful. We participate with them and help adjunct additional cash flow as needed. The goal is to blow it up, double, triple whatever we can get. If we can soft sell the real estate part of it and say, no matter what happens with this company, if it blows apart, you'll still have an exit and an asset. I think that works better for people that are a little more conservative.
[15:30] Sometimes the solution is so simple, that you wonder why they didn't think of it. But you know, when you're so close to the trees, you can't see the forest. I like to see people that are in verticals, if they're industry agnostic, that's okay, too. But sometimes it takes too much to, you know, put them on that ramp and get them up to speed on what's really happening.
[21:36] When you are building a team, you have to make that decision fast, you can switch gears, minimize your losses and go forward. If you don't do that, then you're stuck with your ego. If you don't have the freedom to express whatever was going on in your head, then I think you've lost some of the realness, creativity, and just the ability to be yourself.
SUMMARY OF BUSINESS
Steel Wolf is a trendsetting hybrid platform that selects a project to own, develop and scale business, place leaders on advisory boards, consult on next steps, and consider new marketing partners working alongside other accredited investors.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #property #realestateinvesting #realty #propertyinvestment #investing #realestateinvestor #investor #investments #properties #investmentproperties #realestateinvestment #business #REinvesting #beyourownboss #entrepreneurlife #coaching #motivation #mindset #business #success #realestate #business #entrepreneur #motivation #success #mindset #inspiration #hybridplatform #biomedical #entrepreneurship #life #businessowner #hybridmodel #hybridventures #commercialrealestate #commercialRE #hardassets #venturecapital #businessstructure #podcast #ladyboss
CONNECT WITH VICTORIA:
Email: Victoria@SteelWolfVentures.com
Website: http://steelwolfventures.com/
LinkedIn: https://www.linkedin.com/in/ruta-victoria-jodis-4317566/
Facebook: https://www.facebook.com/profile.php?id=819811039
Instagram: https://www.instagram.com/rvictoriavc/
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT MIKE MAIER
Michael Maier a.k.a. “Mike” is a Branch manager at Fairway Independent Mortgage. He is also a local mortgage advisor based in Portland. He is authorized to conduct business in the state of California, Oregon and Washington and licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. Mike has been in the mortgage industry for 17 years now and he believes that a home is a platform to build a better life. It's a stepping stone to create generational wealth.
THIS TOPIC IN A NUTSHELL
[01:23] How Mike started in the mortgage industry
[04:52] Difference between self-employed vs. person with W2 job
[05:30] Income analysis for self-employed
[07:32] How to qualify for a loan
[09:00] Sample computation for a certain scenario
[11:07] Capitalizing and Expensing repair items
[12:40] Ways to reduce your qualifying income
[16:06] Understanding Cash-out refinance, Loan to Value, and Debt-to-Income ratio
[19:46] On getting low-interest rates
[22:53] Knowing your long-term goals to the property
[25:12] Guidelines to multiple units
[27:38] Owner-occupied vs. Non-occupied properties
[29:45] How FHA Financing is used?
[30:32] Conventional vs. FHA financing
[33:34] Using LLC for a loan
[36:01] His advice to 25-year-old self
[38:04] First Entrepreneurial endeavor
[39:28] Formal and Informal training that shaped his journey
[40:45] His biggest mistake and what he learned from it
[43:10] Best way to reach out to Mike
KEY QUOTES
[07:58] Ultimately, the best strategy is, make sure to talk to a good home loan consultant early. If you're self-employed and a real estate investor, you want to be having these conversations before you're going to file your tax returns. If you know, we're looking at getting you pre-approved to accomplish something, and you're not where you need to be, it's your opportunity to change that equation. I'd say go through that pre-approval process early, let's identify where you need to be from a net income standpoint.
[12:47] In theory, when I'm doing that rental income analysis, as long as we can document that this was a one-time extraordinary expense. I can add that back to the equation. So, you have to keep some good records and some documentation. What my underwriters’ need is some ammunition to say that all right, these expenses here were a one-time expense. So, I'd love to see invoices or stuff that you're not replacing every year or every couple of years. You know, presumably, you put a new roof on, that is something that potentially we can add back to your qualifying income. But painting, handyman stuff, appliances, you know, the stuff that you're going to kind of encourage yearly, so we're gonna hit you with it.
[25:06] Ultimately, duplexes are going to have different guidelines and rates, and costs compared to single-family residences and triplexes. There's lots of nuance to all those guidelines. But just in general, more units are gonna be more expensive, and you're gonna have more restrictive guidelines. And so those are certain things we want to get out in front of and get out early when you're getting ready to do a project.
[36:38] The advice I would give to myself is that I should have jumped to the next step of my career sooner. As I think of each step that I made from a home loan consultant to a branch manager and building a team and all of these steps that ultimately advanced my career, I should have done them sooner. Don't be afraid to take the leap to that next step, have some confidence and go for it. Ultimately, if you take that next step, you're going to learn a lot about that next role and realize that you can do it.
SUMMARY OF BUSINESS
Fairway Independent Mortgage Corp. - We are dedicated to finding great rates and loan options for our customers while offering some of the fastest turn times in the industry. Our goal is to act as a trusted advisor, providing highly personalized service and helping you through every step of the loan process, from application to closing and beyond. It’s all designed to exceed expectations, provide satisfaction and earn trust.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #property #realestateinvesting #realty #propertyinvestment #investing #realestateinvestor #investor #investments #properties #investmentproperties #realestateinvestment #business #REinvesting #beyourownboss #entrepreneur #entrepreneurlife #coaching #motivation #mindset #business #success #homeloan #mortgage #realestate #loan #refinance #finance #homeloans #mortgagebroker #loans #loanofficer #realtor #home #realestateagent #personalloan #firsttimehomebuyer #mortgagelender #mortgages #newhome #investment #lending #lender #creditrepair #homebuying #mortgagerates #mortgageloan #businessloan #property #business #homebuyers
CONNECT WITH MIKE:
Phone No: 503-545-9879
Email: Mike.Maier@FairwayMC.com
Website: https://www.mikemaiermortgage.com/
LinkedIn: https://www.linkedin.com/in/mikemaiermortgage/
Facebook: https://www.facebook.com/mikemaiermortgage
Instagram: https://www.instagram.com/mikemaiermortgage/
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT ROB FOTHERINGHAM
Rob is a founding partner of Vial Fotheringham, LLP. He was first admitted to practice in the states of Utah and Nevada in 1986 and later admitted to practice in Oregon after relocating in 1989. Rob regularly advises estate and business planning clients and assists with the establishment of wills, revocable and irrevocable trusts, corporations, partnerships, limited liability companies, charitable giving strategies, powers of attorney for financial decision-making, and advance directives for health care. The majority of Rob's clients are referred to him by other legal, financial, accounting, and real estate services professionals who have come to rely on him for providing their clients with competent and reasonably-priced estate and business planning legal services. Rob is a proud father of 5 children and his wife of 38+ years is his paralegal and best friend.
THIS TOPIC IN A NUTSHELL
[01:30] His career background
[02:00] Why estate planning is an upbeat law practice
[03:00] About the company: Vial Fotheringham LLP
[03:50] Concept and history of Trusts
[05:10] Law of Equity or Law of Fairness
[07:00] Main use of Trust nowadays
[11:41] Other situations or issues where estate planning is used for
[12:25] Trust as a tax reduction vehicle
[14:54] Different types of Trusts
[17:09] Gifting a property with a mortgage
[19:00] Benefits of Foundation and Charitable entity in estate planning
[22:16] Charitable Remainder Trusts
[25:26] Why should younger individuals have an estate plan?
[26:20] Importance of having a Will of testament
[29:36] Types of Trusts that are beneficial to RE investors
[30:59] Downside of Irrevocable trusts
[31:32] Taxes for Trusts
[34:33] Grantor defective trusts
[38:17] Advice to his 25-year-old self
[39:54] First Entrepreneurial endeavor
[41:36] His Formal and Informal training that shaped his journey
[43:36] The Deal that got away
[45:22] Best way to reach out to Rob
KEY QUOTES
[06:50] The main use of Trust nowadays is that it’s a way for people to hold their own assets for themselves. It’s like taking out everything in your pocket and putting it in your other pocket and calling it your Trust pocket. By doing that, it avoids a lot of disadvantages of owning a property in your own name. For example, if you die, your family has to go to a probate or court proceeding that could take months to years as a mandated process, however, if you have a Trust, it avoids the need to go to court and makes it convenient to transfer assets to your family.
[37:08] You can be a pig when it comes to tax avoidance, just don’t be a hog. Take your fair share, do as much avoidance as possible, be as aggressive as you can be, but don't be fraudulent and avoid every possible tax and creditor because usually you will pay a much higher price in the end.
[41:48] Estate planning is a deeply intimate law practice with people’s lives. When they come to me, they’re not just looking to sell or be sold a trust or a will. They’re coming to you to talk about their family, and a lot of their family issues are very painful or distressing to them. I can sit there and talk about legal structure but really a lot of times what they’re asking me is “Hey, Rob, what would you do?”. I need to take my hat off as a lawyer and be somebody who they can relate to and talk to them about how to handle their estate plan.
SUMMARY OF BUSINESS
Vial Fotheringham, LLP - A mid-sized law firm formed in 1998 with offices in Oregon, Utah, Arizona, and Colorado providing a broad range of legal services to individuals, businesses, and homeowner associations. Areas of particular emphasis include estate planning, real estate transactions, business entity formation and advising, commercial litigation, homeowner association representation and assessment collections, and construction-defect litigation.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #property #realestateinvesting #realty #propertyinvestment #investing #realestateinvestor #investor #investments #properties #investmentproperties #realestateinvestment #business #REinvesting #beyourownboss #entrepreneur #entrepreneurlife #coaching #motivation #mindset #business #success #mindfulness #goals #mentoring #success #estateplanning #trusts #estate #trustplanning #lastwillandtestament #lawyers #revocabletrusts #irrevocabletrusts #taxreductionvehicle #capitalgain #probate #attorney #wills #financialplanning #willsandtrusts #estateplan #estateplanningattorney #powerofattorney #guardianship #trusts #elderlaw #financialfreedom #law #livingwill #money #familylaw #probateattorney #legal #assetprotection
YOU MAY CONTACT ROB FOTHERINGHAM VIA:
Phone No: 503-684-4111
Email: rcf@vf-law.com
Website: https://vf-law.com/
LinkedIn: https://www.linkedin.com/in/rob-fotheringham-2253b39/
Social media:
Facebook: https://www.facebook.com/vial.fotheringham.1
Instagram: https://www.instagram.com/vf_lawyers/
Twitter: https://twitter.com/vflawyers
YouTube: https://www.youtube.com/user/VialFotheringhamLLP
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT STEVE ROZENBERG
An international commercial airline pilot who, after the tragedies of 9/11 was forced to realize that his “Safe and Secure Career” was nowhere near as safe and secure as he had thought. Steve chose real estate investing to be able to control his own destiny and create his own generational wealth.
Parlaying all of the success from real estate investing and property management growth. Steve has gone on to be one of the most well-known influencers in the Real Estate Community, he is a top contributor to BiggerPockets as well as other top level Real Estate platforms. He has been a guest and collaborated on countless panels, webinars, masterminds, conferences, podcasts as well as being a published author and popular speaker.
THIS TOPIC IN A NUTSHELL
[01:30] His career background
[01:58] Turning point of his career
[03:15] Building a property management company
[05:15] Lifestyle that he wanted to achieve
[07:00] His philosophy on the books that he wrote
[08:58] Derivatives of the life he wants
[10:30] Coaching and mentoring people
[13:05] How to get things done
[16:04] Fear as a good driver
[17:08] Ability to leverage Real estate
[18:25] His recipe for success
[22:18] Leveraging virtual assistants
[23:03] On taking massive action
[24:30] Setting a date to accomplish your goals
[27:01] Coaching style that he applies to his clients
[29:20] Leadership vs. Management
[32:10] Advice to his 25-year-old self
[32:33] First Entrepreneurial Endeavor
[34:00] Formal and Informal training that shaped his journey
[35:03] Biggest mistake and what he learned from it
[36:49] Best way to contact Steve
KEY QUOTES
[16:18] Fear is a very good driver. It is a paralyzer, but it is also a driver. Fear of being in that position when your “should” become a “must” and I had to figure out how to feed my family. The one thing that I remember the most is that someone else was in control of my life. I thought to myself that I’ve got a good airline job, I’m set for life, nothing can go wrong and because I took the path of laziness, I let someone else dictate how my life could form.
[17:05] The one thing I love about real estate is the ability to leverage. You can leverage money, people, time, and even knowledge from other people. Conversely, the challenge with real estate is knowing who to leverage, how much to leverage, and to what extent you should leverage people at.
[18:25] Success has a recipe, it’s not magic. If you look at successful people, they follow a very simple recipe for what they do. Every day the best thing about us living and breathing is we get to wake up and make a decision of what we are going to be today. Are we gonna be a loser or we gonna be a winner? So, every day it resets and you can’t carry across yesterday and you don’t know what tomorrow is. So, I’m a big believer that every day I reset my day, I know what I have to do and I execute.
[25:20] Being the hardest worker in the room only makes you the most tired. If the people who worked the hardest were the most successful, construction workers and day laborers would be the wealthiest people on the planet, but they’re not. We think that being busy we’re gonna be successful and it’s a lie that we tell ourselves. The way that you are successful by being action-oriented is by being very focused.
SUMMARY OF BUSINESS
Steve created the fastest growing property management company in the state of Texas. Managing over 1,000 properties across 3 major metropolitan cities. Steve built the business up and created maximum cash flow positioning his company for a very profitable exit. Along with growing his property management company, Rozenberg has flipped, owned, and wholesaled hundreds of single-family homes and apartment complexes across the US.
Steve Rozenberg University was established in 2013 with its mission to increase investor education and wealth building to others around the world. It has produced over 100 video seminars for its “Owner Education Series” and “Steve Rozenberg On the Road”.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #property #realestateinvesting #realty #propertyinvestment #investing #realestateinvestor #investor #investments #invest #properties #investmentproperties #realestateinvestment #business #REinvesting #beyourownboss #entrepreneur #entrepreneurlife #coaching #coach #motivation #mindset #business #lifecoach #leadership #success #mindfulness #entrepreneur #lifecoaching #goals #mentoring #success #mentorship #motivationalspeaker #author #tragedy #focus #leverage #goalsetting #leadership #management #propertymanagement #airlinepilot #influencers #speaker #educator #contributor #podcasthost #fear #derivatives #mentoring #leverage #recipeforsuccess #massiveaction
YOU MAY CONTACT STEVE ROZENBERG VIA:
Email: sw.rozenberg@gmail.com
Website:https://steverozenberg.com/
BiggerPockets: https://www.biggerpockets.com/users/stever4
LinkedIn: https://www.linkedin.com/in/steve-rozenberg-20593553/
Social media:
Facebook: https://www.facebook.com/SteveRozenberg1
Instagram: https://www.instagram.com/rozenbergsteve/
Youtube: @Steven Rozenberg
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT KEELEY O’BRIEN
Keeley O’Brien is the CEO and President of O’Brien Company and LLC. With more than three decades of experience in the construction and development industries, Keeley began his career in construction as a Laborer digging ditches. He graduated with a Bachelor’s degree in both Construction Engineering Management and Business Administration. Keeley has worked on a diverse array of projects that ranged from light rail construction in New Jersey to luxury condo development in Arizona. In 2011, Keeley founded O'Brien and Company LLC, a leading design-build firm that was recently recognized by Inc 5000 as Portland's 5th fastest-growing private company.
THIS TOPIC IN A NUTSHELL:
[01:27] About O’Brien company
[02:01] How he got started in the Construction and Development Industry
[05:36] What does it mean to be technologically advanced?
[07:10] Building information on management system libraries
[08:50] Virtual Designs and accessibility for clients
[09:48] e-Permit process for virtual designs
[10:48] Biggest gain for virtual design-build technology
[13:07] Platform they use for designs and architecture
[14:40] How they minimize paperwork for projects
[17:30] On duplicating designs and custom-building structures
[18:44] Benefits on the material list and pricing
[19:00] Changes in the development industry for the next 10 years
[20:00] Animation and 3D designs via virtual reality
[24:29] Collaboration with contractors
[25:40] Incorporating the program into ongoing projects
[26:45] Challenges during Implementation of virtual process
[29:40] People in the team adverse to the use of technology
[32:25] Advice to his-25-year-old self
[33:28] First Entrepreneurial endeavor and the deal that got away
[34:38] Formal and Informal training that shaped his journey
[36:24] His biggest mistake and what he learned from it
[37:38] Best way to reach out to Keeley
KEY QUOTES:
[04:50] Real estate and construction are probably the most grinding industry there is but also the most rewarding. Because at the end of the day, when you see all these people enjoying that year and a half’s work that you put into this beautiful winery, or brand-new hotel and they’re having fun. You can say “I did that” and it’s super rewarding that way.
[09:01] Our goal is to remove the change orders and changes in the field. If we can get rid of all those items, it’s gonna be faster, clients will be happier and there’s a lot less frown in the field. Because our clients can actually visualize it before we even start the construction, we like the real-time design changing so that’s what we’re pushing hard for.
[17:46] What is really powerful in my mind is the custom building of unique stuff. If you can master this technology, it will make this very complex and challenging project a lot simpler and that's our ultimate goal - to make design and construction simple.
[29:37] I think it is human nature that people are sometimes reluctant to use this advanced technology especially for those who are in their mid-40s or 50s. Things have changed so much and we are starting in this industry where it’s just mind-blowing, you just can’t almost keep up with it. You just need to spend some time and learn, especially the visualization side of it.
SUMMARY OF BUSINESS
O’Brien & Company is a mid-sized general contractor and design-build firm that services Central Oregon, the Oregon Coast, Willamette Valley, and Portland Metro communities. The company exists to build projects that excite our clients and the community alike. O'Brien & Company specializes in unique projects such as wineries, breweries, distilleries, restaurants, hotels, event venues, single-family residential homes, small projects, maintenance, public works, etc. Our public works projects include ground-up and renovation of schools, fire stations, churches, etc. We have in-house design, estimating, project management professionals including expertise in land use, pro forma modeling conceptual design, and development.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #property #realestateinvesting #realty #propertyinvestment #investing #realestateinvestor #investor #investments #invest #realtorlife #properties #investmentproperties #realestateinvestment #business #REinvesting #wineries #entrepreneur #entrepreneurlife #construction #architecture #design #building #interiordesign #renovation #engineering #contractor #home #concrete #constructionlife #civilengineering #builder #interior #architect #heavyequipment #civil #homedecor #engineer #work #house #constructionsite #carpentry #homeimprovement #tools #art #roofing #constructionworker #virtualdesign #designbuild #designbuildtechnology #virtualreality #developmentindustry #construction #constructionindustry #generalcontractor #designbuildfirm #breweries #distilleries #renovation #inhousedesign #estimating #conceptualdesign
YOU MAY CONTACT KEELEY O’BRIEN VIA:
Email: keeley@obrien-co.com
Website: https://obrien-co.com/
LinkedIn: https://www.linkedin.com/in/keeley-o-brien-51b2476/
Social media:
Facebook https://www.facebook.com/obrien.and.co/
Instagram @obrien.keeley, @obriendesignbuild
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT LAUREN COHEN
Lauren Cohen is an International Lawyer, Realtor and Foreign Investor Expert. Originally from Toronto and now in South Florida, Lauren is also a best-selling author and sought-after speaker, and she launched her podcast, Investing Across Borders, in late 2020. Lauren and her turnkey team believe in overcoming obstacles and navigating global expansion for business owners and real estate investors while offering access to unique passive income options. Lauren’s superpower rests in paving a path to immigration visas through real estate and business investment, navigating the path for clients to invest, live, work and play across borders.
THIS TOPIC IN A NUTSHELL:
[01:23] Lauren’s career background
[02:20] Her mission and motto in life
[02:35] How she got started in the immigration space
[04:11] What made her decide to get into real estate
[05:11] Creating a support system and strategy on Investing across borders
[06:26] Challenges of investing internationally
[07:25] 8 Elements of Cross-border investing
[09:04] Different regulations on Investing from different countries
[09:50] Short and Long-term goals in getting a visa
[10:06] Additional requirements for passive foreign investors
[11:46] Avoiding double taxation issue from both countries
[13:18] Benefits of Tax treaty
[14:57] Pitfalls of Cross-border investing
[15:34] Real estate as a path to immigration
[17:00] Benefits of getting a visa
[19:50] Time Frame on getting a visa for foreign investors
[22:22] Steps or requirements that foreign investor should comply
[26:30] Currency issues and compliance to receiving foreign money
[30:14] Advice to realtors who want to partner with foreign investors
[30:57] Additional opportunities for foreign investors
[32:03] Visa benefits that apply to your family member
[34:20] Advice to her 25-year-old self
[35:22] First Entrepreneurial endeavor
[36:00] Formal and Informal training that shaped her journey
[38:22] Her biggest mistake and what she learned from it
[39:50] How to reach out to Lauren Cohen
KEY QUOTES
[05:49] If you’re a foreign investor, you are navigating through that complex maze that will cost you so much, if you don’t do it right. There are so many people who wait until it's too late to get that guidance and get that help. It’s always much more costly to fix the problem as opposed to preventing it.
[16:06] The biggest pitfall I see with foreign investors is the lack of strategy and planning, because if you do ever want to think about the visa, then you should definitely plan it from the get-go. The other thing is, a lot of people think that getting a visa means you have to move to the US but that’s not true. A visa is an option, it gives you flexibility, a visa right now is a big asset in your pocket. It’s all about having those short-term and long-term goals planned out from the get-go, so you can achieve them instead of having to reinvent the wheel later.
[28:12] The worst thing that realtors, investors, or anybody can do to their clients is to try to touch on something that isn’t in their lane, and realtors do it all the time. They try to guide their clients on what they should do. Just defer and refer, because at the end of the day, it’s gonna save you so much trouble. I know a lot of syndicators who worked with foreign nationals, so there's an opportunity for you, it’s just a matter of handling the compliance side of it.
SUMMARY OF BUSINESS
At eCouncil Global, our concierge offerings include customized strategic advisory and risk management solutions for growing businesses. We build an overall support team to advise, guide, and travel alongside our clients in every aspect of the process of growing their businesses, whether through our internal team members or our fully-vetted strategic resource partners. Our unique combination of expertise and experience proves invaluable for domestic business owners and foreign nationals alike seeking a quarterback to coordinate all of the moving parts whether to attract capital, assist foreign nationals seeking entrée to the U.S., and companies seeking to expand and grow their businesses in creative ways, to name a few.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #realtor #property #realestateinvesting #propertyinvestment #investing #realestateinvestor #investor #investments #invest #realty #realtorlife #properties #investmentproperties #realestateinvestment #business #REinvesting #entrepreneur #entrepreneurlife #cashflow #multifamily #foreigninvestors #immigrants #immigration #visa #canada #immigrationlawyer #immigrationlaw #immigrant #citizenship #undocumented #greencard #usa #permanentresidency #migration #dreamers #america #immigrantstories #lawyer #taxtreaty #crossborder #crossborderinvesting #foreignmoney #doubletaxation #opportunities #foreignnationals #realestatepath #visatimeframe
YOU MAY CONTACT LAUREN COHEN VIA:
Email: Founder@ecouncilglobal.com
My virtual biz card: ezcard.com/laurenesq
Website: https://ecouncilglobal.com/
LinkedIn: @lauren-a-cohen, @ecouncilinc
Podcast: https://laurenesq.com/
Social media:
Facebook: @laurenesq , @ecouncilinc @creativecrossborderacademy
Twitter: https://twitter.com/eCouncilInc
Instagram: https://www.instagram.com/lauren_cohen_esq
Claim your FREE GIFT from Lauren!
E-book Link: http://bit.ly/REAcrossBorders
Coupon code: REI4FREE
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT MARK WEINSTEIN
Mark Weinstein 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 1,000,000,000 MJW was rated 7th largest Commercial Developer by LABJ and Mark was voted one 500 most influential people in LA for 6th straight year.
THIS TOPIC IN A NUTSHELL:
[01:16] How he got into real estate
[03:10] Acquiring student housing properties during college days
[06:10] Challenges or hurdles in the development sector
[07:36] Value-add projects
[10:30] Opportunity cost from first few deals
[11:45] Insights learned on drifting away from your niche
[14:00] How to analyze deals to increase NOI
[16:45] Ways they add value to properties
[19:00] Organizational groups joined for networking
[21:00] Seasonal arena on student housing
[21:28] Difference between Student housing from Multifamily
[22:30] How the pandemic affected the student housing industry
[22:51] Why student housing is more difficult to manage?
[24:27] Student housing renovations
[28:00] Advice to investors
[30:00] Starting a coaching program
[31:07] Philanthropy activities and mentorship program
[33:48] Co-GP platform
[38:04] Advice to his 25-year-old self
[39:15] First Entrepreneurial endeavor
[39:48] His Formal and Informal training that shaped his journey
[41:08] The Deal that got away
[42:57] How to reach out to Mark
KEY QUOTES:
[10:30] I tell people that the loss of money there wasn’t a big deal, it was the opportunity cost. What people tend to not focus on is not that you lose money on a particular deal, but that I lost the opportunity to do all the things that were really making me a lot of money, which is much simpler, much more on my core competency and much more controllable.
[29:59] When you do good things, great things come back. Just do good in the community, be a good person, it's infectious and it gets others to do things. I do a lot of philanthropy with other real estate people, so those people that I’ve mentored over the years want to partner with us. So that platform also helped us see more great deals and great sponsors.
[42:27] I’d say some of the best deals that you do are the ones that you don’t do because often you don’t make a mistake, you made the right decision, you didn’t do it and that freezes you up to do so many other great things. Your time is a commodity and getting involved in a bad deal can make you go sideways, you worry about it, you’ll get engrossed in that bad deal and you’ll miss all the good deals around you.
KEYWORDS:
NOI (Net of Income) - is the amount an individual earns after subtracting taxes and other deductions from gross income.
Cost segregation - is a commonly used strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded, or remodeled any kind of real estate to increase cash flow by accelerating depreciation deductions and deferring federal and state income taxes.
SUMMARY OF BUSINESS
MJW Investments specializes in the acquisition, development, and asset management across a diverse portfolio. Our successful emphasis on revitalizing and repositioning multifamily and student housing properties has grown our current portfolio to nearly 1,000 multifamily units and 6,500 student housing beds across eight states.
Throughout its more than 35-year history, MJW Investments maintains its passionate vision to stimulate economic prosperity, build communities and enrich individual lifestyles by pioneering intelligent urban redevelopment projects. MJW’s unrelenting effort to achieve success for its partners and investors is responsible in part for the company being named one of the largest developers in Southern California by the Los Angeles Business Journal.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #realtor #property #realestateinvesting #propertyinvestment #investing #realestateinvestor #investor #investments #invest #realty #realtorlife #properties #investmentproperties #realestateinvestment #business #REinvesting #entrepreneur #entrepreneurlife #cashflow #multifamily #passiveincome #multifamilyinvesting #mentors #organization #netincome #businessportfolio #multifamilyrealestate #investment #passivewealth #passiveinvestor #nestegg #commercialrealestate #financialfreedom #studenhousing #costsegregation #philantrophy #opportunitycost #coachingprogram #valueaddprojects #valueadd
YOU MAY CONTACT MARK WEINSTEIN VIA:
Email: MWeinstein@mjwinvestments.com
Website:https://mjwinvestments.com/
LinkedIn: @MarkWeinstein, @MJW_Investments
Social media:
Facebook: https://www.facebook.com/mjwinvestmentsinc/?ref=hl
Twitter: https://twitter.com/MJWInvestments
Instagram: https://www.instagram.com/mjw.investments/
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT JEREMY GOODRICH
Jeremy is the owner of Shine Insurance agency and the host of the REI Clarity podcast. He’s a teacher at heart and he simplifies insurance by giving step-by-step guidance along the way. Before Shine, he was an elementary school teacher, helping countless kids fall in love with art, math, science, and writing. After 13 years of teaching, he decided it was time to change the way people feel about insurance. Jeremy carried the heart of an educator over and he's been making insurance simple for first-time homebuyers and real estate investors even since. He's also the host of Youtube's #1 most-watched independent insurance agency channel.
THIS TOPIC IN A NUTSHELL:
[01:25] His career background
[02:06] How Shine Insurance started
[04:40] Pain points of Insurance coverage for Realtors
[05:23] Two ways to purchase insurance
[05:30] Buying insurance as Captive Provider
[06:30] Buying as an Independent Insurance agent
[10:11] On getting quotes from insurance companies
[14:50] Timeline in getting a quote
[16:45] Determining the coverage of Insurance policies
[18:00] Replacement cost policies and ACV coverage
[20:03] Differences of DP1, DP2, and DP3 Insurance policies
[22:46] Importance of Liability coverage insurance
[25:00] How do you write coverage for each asset
[25:56] Pros and cons of coverage for multifamily
[27:01] Pricing of insurance companies
[29:55] Property’s track record and risks considered in coverage
[32:35] Why Insurance companies have different pricing?
[34:25] Advice to his 25-year-old
[35:21] First Entrepreneurial Endeavor
[36:14] His Formal and Informal training that shaped his journey
[37:44] The Opportunity that got away
[39:43] How to reach out to Jeremy
KEY QUOTES
[22:45] In my opinion no matter what you’re asset-based is, no matter how much money you have, no matter how many properties you have, going without liability coverage is a huge mistake. Liability coverage covers when bad things happen to other people because of you or your property.
[23:19] The reason why Liability coverage is so important is that you just have no idea what the number is. Like, if your single-family home burns down, you just lost $200,000 or if you have to deal with lawyers it will cost you money too. All those things that you should have been doing yourself and you’ve been dealing with lawyers and paying for yourself is just happening with the Insurance company and you don’t even necessarily know it’s being dealt with because it’s just taken care of.
[28:00] For insurance pricing, I can say without question that there is no magic ball, it’s not a number that just comes from nowhere, though I agree that it feels like that. These numbers are based on claim experience for a given type of property. All these data points create a hard reason for insurance pricing. Having said that, especially in commercial real estate insurance, there is flexibility and that’s what makes it feel like a magic ball. Pricing is based on hard numbers, especially in multifamily.
KEYWORDS:
DP1 Policy - is a type of home insurance policy that protects a house from 11 named perils – most notably fire. It's usually used to ensure vacant homes but can also be used for rental properties if landlords are on a tight budget.
DP2 Policy - is a type of home insurance policy that protects a house from 16 named perils including burst frozen pipes.
DP3 Policy - is a type of insurance policy that covers everything else except for what is mentioned specifically as excluded in the coverage.
SUMMARY OF BUSINESS
Shine is an independent insurance agency committed to making our clients & our community better. Not only are we able to provide the best insurance experience you never imagined, but our Rise by Lifting Others program also directs a portion of every policy premium to organizations that address homelessness. Whether it’s insurance for HOME & AUTO or REAL ESTATE INVESTORS, the result is smart policies, with the highest rated companies, at incredible prices. Our mission is to change the way you feel about insurance. We take something complicated and make it understandable. Advice is provided every step of the way and advocacy when you need us most. When you get insurance from Shine it actually counts for something, whether you need to use it or not.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #property #realestateinvesting #propertyinvestment #investing #realestateinvestor #investor #investments #realtorlife #properties #investmentproperties #realestateinvestment #REinvesting #entrepreneur #entrepreneurlife #money #business #finance #financialfreedom #wealth #entrepreneurship #passiveincome #multifamily #commercialrealestate #insurance #insuranceagent #insurancebroker #business #autoinsurance #homeinsurance #finance #insuranceagency #businessinsurance #financialplanning #insuranceclaim #protection #financialfreedom #insurancepolicy #liabilitycoverage #insurancepricing #insurancequote #creditscore #trackrecord #insurancecompany #shineinsurance
YOU MAY CONTACT JEREMY GOODRICH VIA:
Email: jeremy@shineinsurance.com
Website: https://www.shineinsurance.com/
LinkedIn: @Jeremy Goodrich
Podcast: https://reiclarity.com/
Social media:
Facebook: https://www.facebook.com/jegoodri/
Instagram: https://www.instagram.com/jgshines/
Youtube: @Shine Insurance
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT LANCE PEDERSON
Lance Pederson is the Founder of Verivest and the host of The Real estate Risk Report podcast. He is also the Principal of Fairway America, a private equity real estate firm based in Portland. He has worked in the middle-market real estate space for more than 13 years and has helped over 180 entrepreneurs' architects pooled investment funds. He’s passionate about the power of transparency in building trust between sponsors and investors.
THIS TOPIC IN A NUTSHELL:
[01:25] His career background
[03:30] How Verivest started
[05:21] Verivest as Fund managers
[06:10] Mutual fund structure
[09:13] Advisory consulting practice
[12:00] Work they do at the back end
[12:55] Measuring engagements with Investors
[14:45] How to structure Syndication deals
[15:53] Removing friction between Sponsors and Investors
[16:58] Verifying track record as middlemen for both parties
[19:35] Tracking post-investments for deals
[21:13] Pros and cons of Single-asset syndication vs. Fund-type space
[24:25] Benefits of GP co-invest fund
[26:10] Advice to new Syndicators
[29:42] Track record that you need to move up the ladder
[31:50] Having a robust pipeline
[33:40] Leveraging your own team
[34:40] Having a good analyst on the team
[39:11] Advice to his 25-year-old self
[40:13] His First Entrepreneurial endeavor
[41:06] Formal and Informal training that shaped his journey
[42:02] The Deal that got away
[44:05] How to reach out to Lance
KEY QUOTES:
[10:42] All the stuff that most real estate guys hate, we try to create services to do those things so they can just focus on acquisitions and asset management and fundraising at the highest level.
[18:35] What I see in the industry is that it’s stopping people from participating because they don’t know who to trust. So, to me, how can we solve that problem? Well, we have to be that third-party fund administrator, we have to be as independent as we can be. I’m not the investor and I’m not the guy who's taking the money. We have to make sure that they are doing what they’re supposed to do and we offer a track record verification service.
[27:35] If you obsess with the metrics or the economics on the deals or the only thing that how investors make decisions, you’re sunk, right now. What you need to be more focused on is your narrative, what’s your story? What makes you different? How do you look for deals and how do you get that deal?
[28:03] As much as I’d like people to be more analytical about it, all investors are still making emotional decisions. So, I’m saying get your story down and have them fall in love with you before they even find out what the damn terms are. But when they do find out the terms, send a signal to them that says you’re being intellectually honest with yourself about the realities. Show them that you’re willing to be aggressive and prove yourself.
SUMMARY OF BUSINESS
Verivest is a first-of-its-kind platform designed to bring transparency and trust to middle- market real estate investing. Sponsors are verified through background due diligence and portfolio monitoring, allowing investors to find, assess, choose, and monitor the right deals for their investment goals more confidently.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #property #realestateinvesting #propertyinvestment #investing #realestateinvestor #investor #investments #invest #realty #realtorlife #properties #investmentproperties #realestateinvestment #REinvesting #entrepreneur #entrepreneurlife #money #business #finance #financialfreedom #wealth #entrepreneurship #passiveincome #investments #verified #middlemarketing #backgroundcheck #blindpoolfund #raisingcapital #syndication #accreditation #businessportfolio #accreditedinvestors #beyourownboss
YOU MAY CONTACT LANCE PEDERSON VIA:
Email: lance@verivest.com
Website: https://verivest.com/company
LinkedIn: @lancepederson, @verivest, @real-estate-risk-report
Social media:
Facebook: @Verivest @realestateriskreport
Instagram @Verivestverified @Realestateriskreport
Twitter: @Verivest
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT JOHN MARTINEZ
John Martinez is a serial entrepreneur, and highly sought-after sales expert. John is best known for his sales training in the real estate investment industry. Having trained over 500 of the country’s top Real Estate Investors and their teams, his scripts and sales & negotiation strategies have transformed the real estate investment industry and are now widely accepted as the industry's gold standard.
THIS TOPIC IN A NUTSHELL:
[01:30] His career background
[02:50] How he started with opening up a sales training
[04:30] Why choose sales?
[07:13] Taking the leap from W2 job into being an entrepreneur
[08:40] Dealing with rejection on sales
[10:42] What kept him to pursue sales
[12:24] Burn the ships mentality
[13:15] Foundations of what he teaches his clients
[14:21] Deal killers of the sale process
[15:36] Lead conversion instead of lead generation
[16:54] Developing a system for sales process
[17:50] Data-driven sales process
[20:00] The first step: Outline what’s wrong and how we fix it.
[21:20] Inside-out methodology
[22:44] Why sales process is important
[23:26] Focus of their sales training
[26:05] Uncovering seller’s motivation
[27:30] Finding out the influencers of the decision-maker
[28:34] The Secret sauce: Negotiation
[29:29] Resetting their expectations
[31:00] Negotiation tactics and techniques
[33:25] Sample of influencers in decision making
[39:00] How to address the decision-makers and influencers
[40:00] What is a good sales call?
[41:10] Advice to his 25-year-old self
[43:28] His First Entrepreneurial endeavor
[45:33] His Formal and Informal training that shaped his journey
[46:38] The Deal that got away
[48:13] How to reach out to John
KEY QUOTES:
[09:43] The biggest challenge was forcing myself to go out there and deal with the massive amount of rejection. Once I started to make sales though, my mind started to shift a bit and I realized that you’ll start to get used to it over time.
[15:36] The majority of what we do is Lead conversion. The first thing that we usually look for is to look for leads and once you have them, you’ve got to convert them. If you don’t convert those into deals, somehow all the leads in the world are worthless. Lead generation is great but converting a lead into a deal is where we focus.
[19:17] In every industry, we use the exact sale process. At the end of the day, a sale is a sale, the way people make decisions whether you are a small or big business, it doesn’t change how human beings think or make decisions. Whether it’s a small or big client, in and out of real estate investment, we teach the exact same thing.
[23:40] The most successful sales team that we trained did not come from real estate nor sales, they’re just good people who can follow directions. At the end of the day, sales are like any other part of the organization. It’s a process, a checklist that needs to be repeated over and over again.
[44:30] My whole vision of success was just people who know how to win all the time. What I’ve learned from my experience is that there’s a lot to lose, but if you keep on losing, inevitably you get enough wins to keep on climbing up that ladder. It’s not just taking action but it’s about not giving up.
SUMMARY OF BUSINESS
Midwest Revenue Group's sales training and coaching provides companies and independent professionals with a proven, practical road map for filling their prospecting pipelines, improving their closing ratio and increasing sales and profits. The process, in and of itself, helps business professionals differentiate themselves from their competition when selling.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #property #realestateinvesting #propertyinvestment #investing #realestateinvestor #investor #investments #invest #realty #realtorlife #properties #investmentproperties #realestateinvestment #business #REinvesting #entrepreneur #entrepreneurlife #influencer #decisionmakers #salesacademy #salescoach #sales #salestips #salestraining #salescoaching #salesfunnel #salesstrategy #saleslife #salesmanager #salestrainer #businesscoach #salesman #salesteam #salesperson #entrepreneur #business #salesforce #marketing #salespeople #businesstips #salesandmarketing #motivation #salesmanagement #entrepreneurmindset #success #salesalesale
YOU MAY CONTACT JOHN MARTINEZ VIA:
Email: john@midwestrev.com
Website: https://midwestrev.com/
LinkedIn: @johnmartinezsalestraining
Social media:
Facebook – @JohnMartinezSalesTrainer
Instagram – @johnmartinez.official
Youtube: The REI Sales Academy
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT BOB BURG
Bob Burg is a sought-after speaker and the author of a number of books on sales, marketing, and influence, with total book sales of well over a million copies. His book, The Go-Giver, coauthored with John David Mann, itself has sold over 975,000 copies and has been translated into 29 languages.
His and John’s newest parable in the Go-Giver Series is The Go-Giver Influencer. Bob is an advocate, supporter, and defender of the Free Enterprise system, believing that the amount of money one makes is directly proportional to how many people one serves. He is also an unapologetic animal fanatic and is a past member of the Board of Directors of Furry Friends Adoption, Clinic & Ranch in his town of Jupiter, Florida.
THIS TOPIC IN A NUTSHELL:
[01:23] His career background
[02:35] How the book started and how people can relate to it
[03:50] Shifting your focus from getting to giving
[04:40] What sustainable success means
[06:00] About the book “Go-giver”
[06:22] Five Laws of Stratospheric Success
[06:39] Law 1: Value
[07:26] Law 2: Compensation
[07:52] Law 3: Influence
[09:05] Law 4: Authenticity
[10:00] Law 5: Receptivity
[11:46] Law of life when it comes to giving
[12:50] Tips on how to provide value to others
[13:10] Difference between a price and value
[13:50] Value in the eyes of the beholder
[15:24] Understanding your customers
[16:20] Unconscious operating system
[17:50] The great influencer
[20:00] Breaking down barriers with people
[21:20] Seeking what other people really mean
[24:52] Advice to his 25-year-old self
[25:40] First Entrepreneurial Endeavour
[27:27] His Formal and Informal Training that shaped his journey
[28:48] The Deal or Opportunity that got away
[31:58] How to reach out to Bob Burg
KEY QUOTES:
[03:01] The basic premise is simply shifting your focus from getting to giving and by giving we simply mean constantly and consistently providing immense value to others. Understanding that doing so, is not only a more pleasant way of conducting business, but it’s the most financially profitable way of wealth.
[08:26] The golden rule of business is that all things being equal people will do business with and refer business to those people they know, like, and trust. There’s no faster, more powerful or more effective way to elicit those feelings toward you from others than by genuinely moving from an “I” focus to “other” focus. Make your win all about the other person’s win.
[17:50] The great influencers asked themselves the question that has the other person in focus. How does it align with their goals, how does it help them solve the problem? No one is going to do business with you because you need the money; they’re going to do business with you because they believe they’re going to be better off by doing so and that it’s in their best interest.
[21:30] Most people want to talk to someone who listens to them and wants to solve their problems and help them. So, you have to listen, not just with your ear, but with your eyes, and with your posture, to listen with your full self is very powerful. It is also important that you totally understand what they mean by that answer because we all see the world through our own eyes and we define terms in different ways.
SUMMARY OF BUSINESS
Burg Communications Inc.- Bob Burg shares how a subtle shift in focus is not only a more uplifting and fulfilling way of conducting business but the most financially profitable way, as well. For 30 years he’s helped companies, sales leaders, and their teams to more effectively communicate their value, sell at higher prices with less resistance, and grow their businesses based on Endless Referrals.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #realtor #property #realestateinvesting #propertyinvestment #investing #realestateinvestor #investor #investments #invest #realty #realtorlife #properties #investmentproperties #realestateinvestment #business #REinvesting #entrepreneur #entrepreneurlife #cashflow #passiveincome #organization #thegogiver #value #compensation #influence #influencer #authenticity #receptivity #marketing #speaker #givingback #success #mentor #motivate #giving #inspire #mindset #author #bestsellingauthor #lawoflife #price #value #greatinfluencer
YOU MAY CONTACT BOB BURG VIA:
Email: bob@burg.com
Website: www.Burg.com www.TheGoGiver.com
LinkedIn: https://www.linkedin.com/in/bobburg/
Social media:
Twitter: https://twitter.com/bobburg
IG: https://www.instagram.com/realbobburg/
FB: https://www.facebook.com/burgbob
Youtube: @burgcommunications
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT PAUL HASSEBROEK
Paul Hassebroek founded Six Four in 2019 after a successful career in the financial advisory and family office field. During the past 12 years, Paul has been through due diligence on dozens of private equity and real estate projects and successfully fundraised $25,000,000 from investors and has acquired or built over $62,000,000 of real estate. Paul earned a B.A. in Business Administration from Augustana University (S.D.) where he was a scholarship athlete in football. Paul’s personal mission statement is to be a catalyst for growth. Paul loves helping investors identify real estate investments that help them achieve their goals.
THIS TOPIC IN A NUTSHELL:
[01:24] His career background
[02:40] Transition from financial planning to syndication
[04:24] Managing portfolios and experience with asset under management
[06:10] Having a good Investor portal and CRM system
[07:48] CRM process and how it has evolved from a financial planning background
[08:28] Prospecting and using LinkedIn to build relationships online
[09:16] Educating investors by providing value-add information
[10:50] His two types of investors: Growth and Income Investors
[12:30] Creating an Ideal avatar for Investors
[13:02] Matching specific investors with the right deal
[14:00] Automation in signing up of clients and profiling investors
[15:32] Ideal questions to ask investors
[17:38] Demonstrating your expertise in the CRM
[19:30] Pulling off a different asset class (Hospitality-driven asset)
[20:30] Comparison of multifamily to a limited-service hotel
[23:00] Navigating through pandemic in the hotel industry
[24:47] Property management in hotels
[26:52] Types of investors attracted in hospitality-driven asset
[28:03] His goal as a Syndicator
[28:38] What it means for Investors to have good experience
[29:59] Current projects working on
[32:35] Communication with the right audience and right message
[36:56] Advice to his 25-year-old self
[38:35] First Entrepreneurial Endeavor
[40:08] Formal and Informal training that shaped his journey
[41:05] The Deal that got away
[42:20] How to reach out to Paul
KEY QUOTES:
[6:34] One of the most important things for me is having a good CRM system and saying how am I going to target these people, how am I going to stay in touch with them, let them know what I am doing. In particular with high-net-worth people, if I don’t have a personal relationship with them, they’re judging me based on some of the shiny stuff like is my website easy to use. So, I built the CRM the way high-net- worth investors would want it.
[10:49] I start to categorize the investors based on whether they are the Growth investor and the Income investor. I’ve got some investors that would be happy to just get a solid rental income forever. The other one is they like to build something, they’re okay if there’s no distribution while we are building the project and when there’s a liquidation event, then they want to be paid up for the rest of what they took during the project, I call them the Growth investor.
[18:30] When I reach out to people, they know that we’re gonna stay in our focus area of expertise because they’re gonna write checks and make investments if they know that you’re going to be successful. They believe that you know that area and that you have an edge there.
[28:03] Our goal as a Syndicator is for our investors to have a good experience and have this money come back to them so that they can redeploy it to the next project. That’s probably the part of the whole cycle that I’m most excited about is people having good experience and wanting to invest in the next deal.
[29:20] When I say I want investors to have a good experience with us, it simply means that I along with my sponsor are gonna deliver what we say we’re gonna do. We underwrite conservatively and try to be as realistic as possible. So, achieving the rate of return, having good communication, so they know what’s going on is important. I want to be proactively reaching out to them to let them know what's happening.
SUMMARY OF BUSINESS
Six Four is a real estate investment firm. We believe that well-located, cash-flowing multi-family property is an attractive asset in nearly all economic conditions. We work with accredited investors looking to generate passive income from real estate. We buy, improve and operate multi-family, mixed-use, and hospitality projects in the Midwest and the southeast U.S.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #realtor #property #realestateinvesting #propertyinvestment #investing #realestateinvestor #investor #investments #invest #realty #realtorlife #properties #investmentproperties #realestateinvestment #business #REinvesting #entrepreneur #entrepreneurlife #cashflow #multifamily #passiveincome #multifamilyinvesting #mentors #passiveinvesting #organization #businessportfolio #multifamilyrealestate #investment #passivewealth #passiveinvestor #crmsoftware
hospitality #hotels #financialplanning #linkedin #syndication #prospecting
automation #profilinginvestors #multifamily #propertymanagement #hospitalitysector
incomeinvestors #growthinvestors #qualifiedinvestors #apartments
YOU MAY CONTACT PAUL VIA:
Phone: (561) 448-9648
Email: paul@sixfourassetmanagement.com
Website: https://sixfourassetmanagement.com/
LinkedIn: https://www.linkedin.com/in/hassebroek/
Social media:
FB: @sixfourassetmanagement, @paulhassebroek
IG: @sixfourassetmanagement@PaulHassebroek
Twitter: @sixfourAM
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT CLIFF HOCKLEY:
Cliff is a Certified Property Manager® (CPM) and a Certified Commercial Investment Member (CCIM). He is the President of Bluestone and Hockley Real Estate Services and has extensive experience representing owners of commercial, investment, and residential properties. In addition to property management, he has served as an advisor, developed budgets, made value improvements to buildings, and trained on- and off-site staff.
Cliff is a frequent contributor to industry newsletters and serves as an adjunct professor at Portland State University, where he teaches real estate-related topics. He is the author of two books 21 Fables and Successful Real Estate Investing; Invest Wisely Avoid Costly Mistakes and Make Money, books that help investors navigate the rough shoals of real estate ownership.
THIS TOPIC IN A NUTSHELL:
[01:26] His career background
[03:01] Joining Bluestone Hockley company
[04:29] Growth of the company over the years
[06:50] Retention of good employees
[07:35] Constant communication to clients
[08:12] Surviving the recession
[11:10] the Best part of his book
[14:30] Difficulties in managing properties with tenants
[17:00] Multifamily vs Commercial properties
[17:40] Why Multifamily is more labor intense
[20:12] Successful stories with the company’s growth
[23:31] Transition program for employees to work from home
[24:40] Importance of having a good operations team
[26:26] How their organizational structure grew
[28:00] Implementations done to generate more income
[34:40] Understanding the business and planning for it
[36:43] Business visibility and referrals from friends
[40:00] Handling the management team
[41:35] Why he likes to be involved in the Brokerage department
[42:40] Handling the most important aspect of the business
[44:59] Golden rule of real estate
[46:43] Syndication business
[47:58] Drop & Swap - Dissolution of Partnerships
[48:58] Innovation of technology in the business
[52:12] Advice to his 25-year-old self
[53:26] His First Entrepreneurial endeavor
[55:25] Formal and Informal Training that shaped his journey
[56:53] His Moby Dick of real estate or the Deal that got away
[59:54] How to reach out to Cliff Hockley
KEY QUOTES:
[16:40] One of the most difficult lessons we learned is that you can’t make enough money in certain parts of the business
[21:16] One of the pieces of the puzzle for us is that helping our clients grow, helps us grow as well.
[27:11] The most important thing a business can do is to have monthly financials that the owner of the company can review. It’s absolutely critical, you’ve got to ask are we making money? Where are we losing money? It takes a lot of discipline and that’s just a critical piece of the puzzle. Then you’ve got to figure out where your revenue is coming from.
[31:02] The way investors make money is by owning real estate. Property management companies it’s a step to see what is working and what does not work, but owning your own real estate is really the magic to personal wealth and increasing your net worth.
[35:40] If you have a company and you don’t have a roadmap, you will not grow. You might grow a little by accident, but if you have a roadmap and you set goals, then you will grow.
Summary of Business:
Founded in 1972, Bluestone & Hockley Real Estate Services is a leading full-service real estate company managing over 2 billion dollars in assets, which include 1650 Residential units, 7000 HOA units and 2 million square feet of commercial property in the Pacific Northwest.
Bluestone & Hockley's well-balanced portfolio includes both urban retail and large anchored retail centers, medical, industrial, mixed-use office buildings, apartment communities, houses mobile home parks, condominiums, and homeowner associations.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #realtor #property #realestateinvesting #propertyinvestment #investing #realestateinvestor #investor #investments #invest #realty #realtorlife #properties #investmentproperties #realestateinvestment #business #REinvesting #entrepreneur #entrepreneurlife #cashflow #multifamily #passiveincome #apartmentinvesting #multifamilyinvesting #mentors #passiveinvesting #organization #businessportfolio #multifamilyrealestate #investment #passivewealth #passiveinvestor #nestegg #commercialrealestate #financialfreedom #syndication #brokerage #apartmentbuildinginvesting #survivingrecession #employeeretention
You may contact Cliff Hockley via:
Phone: (503) 459-4359
Email: chockley@bluestonehockley.com
Website: https://www.bluestonehockley.com/
LinkedIn: @bluestone-&-hockley-real-estate-services/
Social media:
FB: @BluestoneRE
IG: @bluestoneandhockley
Twitter: https://twitter.com/BluestoneRE
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT JIM ROMAN
Jim Roman is the Director of the Business Owner’s Institute. He has been helping small business owners and professionals build better businesses and better lives for themselves, their families, and their communities for more than 20 years. A highly respected speaker, trainer, and coach, Jim’s results-oriented programs and talks inspire and empower people to take action. Jim has worked with thousands of businesses and organizations to figure out what is holding them back so they can break through their barriers, accelerate their growth and work to live instead of living to work.
THIS TOPIC IN A NUTSHELL:
[01:22] His career and business background
[02:01] How he started with coaching in property management
[04:31] Finding out the Five drivers to people’s dreams and aspirations
[07:30] Getting the work done in a way that gives you the life that you want
[08:03] Building up a process that scales up
[10:06] The principles of “Cash flow Quadrant”
[10:47] Choosing your business maturity date
[11:50] Waypoint - What is the next step that you need to take
[12:40] Timeframe that you set for your goals
[13:06] Setting up realistic goals
[14:20] Contribution to Business Networking International (BNI)’s growth
[18:50] How you get referrals by offering solutions to prospects
[19:28] Pains and struggles in growing the BNI chapter
[22:20] Benefits of having a regular mentoring meeting with the team
[23:53] How powerful credit works
[25:10] Building a business that can run by itself
[25:26] Getting your Number 2 to think like Number 1
[27:10] Current projects and building a network list of contractors
[28:39] Shortage of Contractors and Vendors
[29:30] Advice to his 25-year-old self
[30:22] First Entrepreneurial Endeavour
[31:15] His formal and Informal training that shaped his journey
[32:28] The Deal that got away
[35:08] How to reach out to Jim
KEY QUOTES:
[05:23]Finding out what drives them to achieve their dreams and aspirations makes a big difference. You can see people’s spirit lift when you get them to dream again, so asking their 5 drivers and where they want to be, their dreams and aspirations is better than just asking them why you do what you do.
[11:10] Most people set a 10-year goal and I tell you it’s hard to set a 10-year goal when most people give up in 5 years or less. If you set a business maturity date for 2 to 3 years from now, you’re going to push harder than you would 10 years from now.
[13:00] Successful people set realistic goals. A lot of people would like to double their business in 6 months and give up when they’re not even close and quit. Given where you are today, what should be the next step? You need to take that one-way point and break it down into more bite-size pieces and it might take time for you depending on the waypoint that you want to achieve.
Summary of Business:
Business Owners Institute® (BOI) is a management mentoring system that provides advice and guidance for small business owners and their teams through a hands-on approach (in the trenches). BOI guides our clients and customers through the UPS and DOWNS of business by working alongside you to take your business from entrepreneurial management to professionally manage (where it can run with or without you so you have time to do the things you want to do). Our experts enable small business owners and their teams to develop the knowledge, skills, and mindset necessary to create a more productive and profitable business.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas please visit www.uptownpm.com. If you are interested in investing in multifamily syndication please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #realtor #property #realestateinvesting #propertyinvestment #investing #realestateinvestor #investor #invest #realty #realtorlife #properties #investmentproperties #realestateinvestment #REinvesting #entrepreneur #entrepreneurlife #mentors #businesscoaching #businesscoach #business #coaching #businesstips #entrepreneur #businessgrowth #businessowner #motivation #success #lifecoaching #entrepreneurship #businessstrategy #leadership #businessmindset #growyourbusiness #coach #marketing #businessconsultant #mindset #businessmentor #businessquotes #growyournetwork #financialfreedom #realisticgoals #goalsetting #fivedrivers
You may contact Jim Roman via:
Phone: 804-938-8326
Email:jim@boiva.com
Website: https://www.jimromanonline.com/
LinkedIn: https://www.linkedin.com/in/jimromanonline/
Blog: www.jimromanonline.com/blog
Social media:
▪ Facebook: https://www.facebook.com/JimRomanSpeaker/
▪ YouTube: www.youtube.com/user/JimRomanOnline/videos
▪ Twitter: https://twitter.com/JimRomanOnline
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT WHITNEY SEWELL:
Whitney is the Founder of Life Bridge Capital LLC. His passion is helping investors secure financial security via the exceptional opportunities that multifamily syndication offers. He is also the host of The Real Estate Syndication Show, where he has now interviewed over 850 experts providing cutting-edge tools and strategies for the syndication business. Whitney and his wife Chelsea are on a mission to help other families through the process of adoption. They have personally endured the financial burdens that the process puts on families and have committed 50% of their profits to this goal. Whitney and Chelsea have three children by adoption.
THIS TOPIC IN A NUTSHELL:
[02:00] The Why of the business
[03:00] How Life Bridge Capital started with the mission of adoption
[05:38] Transition from a military background to real estate
[09:06] Exposure to Commercial Real estate
[09:59] His journey toward Syndication
[11:55] Lessons learned from deals and hiring experts to fill in the gap
[13:04] Reaching out to the right mentors to help you
[14:43] Investing in yourself with the knowledge you need
[17:06] Advice to first-time investors on getting started
[18:30] On giving up the horse training business and selling the farm
[20:20] Level of commitment that you need to have
[21:30] Launching a daily podcast
[22:40] Building a team and system for the daily podcast
[24:39] Process that you can automate in the business
[29:02] Automation of Podcast process
[35:37] Advice to his 25-year-old self
[36:33] First Entrepreneurial Endeavor
[37:51] His formal and Informal training shaped his journey
[38:39] The Deal that got away
[42:20] How to reach out to Whitney
KEY QUOTES:
[06:10] One thing though that military has taught me is the “Never give up” mentality. When you’re at war it’s not an option to give up. I mean people’s lives are counting on you performing. So, that has helped me in business as well as in many areas
[19:30] Having that level of commitment to focus on the syndication business allowed us to get to where we are now. It gave us a passion for that, faith for it, and stamina because It was such a sacrifice to commit to the daily podcast, start doing deals, working with investors, doing the adoption process, all those things at the same time, it took just massive levels of commitment. So, I would ask our listeners like are you committed to this? Because it’s not going to be easy.
[31:28] Having the system automated for the podcast guest is very crucial. I don’t have time to go back and forth with the guests to 3 or 4 times about their bio, or the questions that they want me to ask on the show and things like that. So, it has to be very automated and it helps us a lot.
[35:40] My advice to my younger self is to “think bigger”. Think about where you are going. Back then, I don’t have much focus and guidance on where I wanted to go. I did not have the vision of building a business and it’s difficult to break free from the mindset of just having a “stable job”. You have to believe that you can accomplish bigger things.
Summary of Business:
Life Bridge Capital is a leading real estate syndication company. We offer our investment partners the opportunity to leverage shares of multifamily rental properties into a passive monthly income. Our experienced investment team thoroughly evaluates properties to find assets that have vast potential but are currently devalued due to disengaged management. Once identified, we aggressively act on acquiring and improving the asset, with a proven property enhancement and management plan, resulting in exceptional returns for our investment partners.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #realtor #property #realestateinvesting #propertyinvestment #investing #realestateinvestor #investor #investments #invest #realty #realtorlife #properties #investmentproperties #realestateinvestment #business #REinvesting #entrepreneur #entrepreneurlife #raisingfunds #syndication #cashflow #multifamily #passiveincome #apartmentinvesting #multifamilyinvesting #mentors #passiveinvesting #multifamilyrealestate #investment #entrepreneur #passiveinvestor #commercialrealestate #multifamilysyndication #financialfreedom #biggerpockets #finance #apartmentsyndication #passivewealth #apartmentbuildinginvesting #syndicator
You may contact Whitney Sewell via:
Email: whitney@lifebridgecapital.com
Website: https://lifebridgecapital.com/
LinkedIn: https://www.linkedin.com/in/whitney-sewell/
Social media:
▪ Facebook: https://www.facebook.com/lifebridgecapital
▪ Instagram: https://www.instagram.com/whitneysewell/
▪ Twitter: https://twitter.com/whitney_sewell
▪ Youtube: @WhitneySewell
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT TRENT WERNER
Trent is a Real Estate Broker, Investor, and Portfolio Facilitator. In Trent's professional career he strives to help as many people as possible create wealth through real estate and wants to help his clients achieve financial independence. He is also a Co-Host of the Desk Talk Podcast that focuses on business, personal development, and ALL things real estate. Outside of his career, Trent coaches a high school baseball team, has an amazing wife and enjoys playing golf whenever possible.
THIS TOPIC IN A NUTSHELL:
[01:23] His career background
[02:37] How he got started in Real Estate and Investing
[04:40] Major life event that altered his life perspective
[09:35] First project: Buying a Duplex
[10:52] Starting a rental portfolio
[11:38] Opportunities to partner with some people to buy more real estate
[12:46] Benefits of buying Duplex compared to Single Family homes
[15:43] Process on closing the deal
[17:25] Takeaways from first few projects
[18:32] Using hard money loan to finance the property
[19:07] Rewards that you get from serving tenants
[20:18] Finding value-add properties through MLS
[22:02] Negotiation process on buying a condo
[23:54] Key to success on doing his last 3 deals
[27:34] Using an offsite professional to become more efficient
[29:31] What is an offsite professional and how they can help you
[30:40] Biggest learning curve and challenges on Coaching
[33:10] Using technology (Loom video) to train team members
[35:31] Advice to his younger self
[36:20] First Entrepreneurial Endeavor
[37:43] How Formal and Informal training shaped his journey
[39:20] The Deal that got away
KEY QUOTES:
[07:47] When someone goes through a traumatic experience, it alters their perspective on life. It forces them to understand life at a deeper level. Going and hanging out with your friends is always a fun time but doing something more with your life is even cooler, in my opinion.
[19:10] I had tenants who were thanking me because they feel like the property was not taken care of by the previous owners. So now I understand the reward that you get outside of the financial piece and just being able to get a 120-year-old building back to what it should be and it was even more rewarding than fixing and saving money on contractors, that sort of thing.
[23:58] I think the key to the success of deals that I have done is just taking action and not getting stuck on analyzing a bunch of deals. It’s okay to fail and I try to learn everything I can from them and take that on the next deal. The ability to not be afraid of making mistakes and understand that mistakes are going to be made is something that helped me grow in the last 2 or 3 years.
SUMMARY OF BUSINESS
Trent has been a Real Estate Broker in Oregon for three years and Washington for two years. He has an ownership interest in six rental units and is in the process of flipping a condo in Southwest Portland. Over the last three years in real estate, he has increased sales business by 40% on average year over year while doubling his investment portfolio in the same time frame.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #realtor #property #realestateinvesting #propertyinvestment #investing #realestateinvestor #investor #investments #invest #realty #realtorlife #properties #investmentproperties #realestateinvestment #business #investors #REinvesting #entrepreneur #entrepreneurlife #portfoliofacilitator #broker #brokerage #realestateagent #realty #realtors #listing #househunting #luxuryrealestate #homegoals #housegoals #luxuryliving #greatvalue #home #forsale #realestateexperts #newlisting #sold #realestatebroker #homes #coaching #podcasthost #passivewealth #podcast#destalkpodcast #duplex #multifamily #portland #portlandoregon
You may contact Trent Werner via:
Email: Trent@uptownpm.com
LinkedIn: https://www.linkedin.com/in/trent-werner-6a8b40ab/
Portfolio: https://www.trentwerner.com/
Podcast: https://desktalkpodcast.buzzsprout.com/
Social Media:
▪ Facebook: https://www.facebook.com/TJWRealEstate
▪ IG: https://www.instagram.com/realtortrentw/
▪ Podcast: https://www.instagram.com/desktalkpodcast/
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT STEVE SIMS
Steve is the visionary founder of the world’s first luxury concierge that delivers the highest level of personalized travel, transportation, and cutting-edge entertainment services to corporate executives, celebrities, professional athletes, and other discerning individuals interested in living life to its fullest.
Quoted as “The Real-Life Wizard of Oz" by Forbes and Entrepreneur Magazine, Steve is the best-selling author of "Bluefishing - the art of making things happen”, sought-after coach and a speaker at a variety of networks, groups, and associations as well as the Pentagon and Harvard – twice!
THIS TOPIC IN A NUTSHELL:
[01:28] His career background
[03:10] How he started offering quality life experiences
[05:28] Pillars of his Philosophy
[06:30] How his book (Bluefishing) started and why he wrote it
[08:48] Recent activities and Inner Circle
[09:15] Methods of his principles and belief
[11:50] Aspirational marketing
[12:56] Solution-based marketing
[14:18] People’s aversion to change
[16:20] How he offers a solution for his clients
[17:34] Win-win solution
[19:30] How Podcast brings in people to you
[22:06] What you bring to the table
[25:01] How successful-minded people think
[25:40] The Beauty of Failure
[26:10] Challenges and Experience as his mentor
[29:30] Sole purpose of the podcast today
[32:10] Advice to his 25-year-old self
[32:54] First Entrepreneurial endeavor
[33:25] His Formal and Informal Training that shaped his journey
[34:43] The Opportunity that got away
[36:45] How to reach out to Steve Sims
KEY QUOTES:
[21:59] Any relationship you get into whether it will be real estate investing, or trying to get a deal, whether you are trying to brand yourself, what do you bring to the table, and how is that a solution to somebody else’s problem?
[25:01] The billionaires and millionaires lean into failure. They lean in and go where did that go wrong? The beautiful thing about failure is no one remembers it when you got it right. Failure is the education on how to get the next one better.
[32:28] I don’t want my younger self to miss out on all the empowerment he’s going to get from all the mistakes he makes, and to remove yourself from that, would be doing myself a disservice.
SUMMARY OF BUSINESS
Bluefish is an internationally famous company that makes once-in-a-lifetime events happen for the rich and the famous. We offer the highest level of personalized travel, transportation, and cutting-edge entertainment services to corporate executives, VIPs, celebrities, professional athletes, and other discerning individuals interested in living life to its fullest. Bluefish serves quality life experiences to the elite of taste and mind.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #realtor #property #realestateinvesting #propertyinvestment #investing #realestateinvestor #investor #investments #invest #realty #realtorlife #properties #investmentproperties #realestateinvestment #business #investors #REinvesting #entrepreneur #entrepreneurlife #luxuryconcierge #lifeexperience #concierge #events #podcast #motivation #reality #aspirtionalmarketing #marketing #solutionbasedmarketing #solutionbased #affluent #wealthy #richkid #challenges #successfulmindedpeople #success #speaker #coach #famous #celebrities #winwinsolution #bluefishing #makethingshappen #solutions #luxury
You may contact Steve Sims via:
Email: Steve@stevedsims.com
LinkedIn: https://www.linkedin.com/in/sdsims/
Website: http://stevedsims.com, https://www.thebluefish.com/
Podcast: https://www.stevedsims.com/podcast/
Social Media:
▪ FaceBook: @stevedsims
▪ Twitter: @stevedsims
▪ IG: @stevedsims
▪ Youtube: @stevedsims
Additional Links:
The Book: https://www.stevedsims.com/book/
Join my Inner Circle: https://simsdistillery.com
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT MICHAEL JONES:
Mike was born and raised in Upstate New York. With a career spanning working at a craft brewery, sound, and electronic engineering, and 5 years as a STEM tutor, Mike began studying note investing and soon focused on owner-occupied single-family residential debt. The math of amortized debt made sense as well as helping others stay in their home. With the success from his first fund and his investors paid, Mike and his wife Shelly now work and travel the country in their RV. Mike’s mission is to help improve the lives of others.
THIS TOPIC IN A NUTSHELL:
[01:06] Company background: First Position Capital LLC
[01:59] Introduction to Note Investing and how it works
[04:38] How he got into Note Investing
[06:50] Definition and characteristics of a Note
[07:50] Examples of Notes
[09:00] Buying Criteria on Note Investing
[10:00] How you can earn through Note Investing
[14:25] Process when buying a Note
[17:18] Due diligence and Foreclosure
[19:25] His first few deals and lessons learned from it
[25:40] Raising funds and difference between syndication and note investing
[27:30] Structure of Return on Note Investing
[30:20] Having a Fiduciary mindset
[31:15] His experience with mentors and gurus
[34:00] Future of Note market
[36:20] Non-performing and performing notes
[37:45] Forbearance notes
[40:20] Communication with Investors on Return
[43:48] His advice on his 25-year-old self
[44:50] First Entrepreneurial Endeavor
[46:18] His formal and informal training that shaped his journey
[48:50] The Deal that got away
KEY QUOTES:
[20:17] On dealing with sellers when I’m reducing my offer price, I present evidence on why I do that. Like you just found out that the buyer is three years behind on taxes or they’re in bankruptcy, so that calls for a discount. So, if I get a bigger discount, I get a bigger return, which means my risk is bigger too.
[25:23] When I got through that first deal, it opened up like a whole new world for me. I remember when I’m writing the investment summary and my hands are shaking. You make these choices in life and you knew that when you’ve come up on the other side, you’re not going to be the same person, so that’s terrifying sometimes.
[32:08] When people trust you, some people abuse and use that. I foresee that if I want to stay in this business, you’ve got to have that fiduciary mindset.
Keywords:
▪ Arbitrage - the simultaneous buying and selling of securities, currency, or commodities in different markets or derivative forms to take advantage of differing prices for the same asset.
▪ Rule 506(c) - allows companies to advertise their securities offerings to the general public without having to register with the SEC, as long as the securities are only sold to accredited investors and the company verifies that the investors are accredited.
▪ Rule 506b - can raise an unlimited amount of money and can sell securities to an unlimited number of accredited investors. However, it is subject to the following requirements: no general solicitation or advertising to market the securities.
Summary of Business:
First Position Capital LLC is a company investing in paying first position loans, mortgages and trust deeds secured and backed by Insured Real Estate. On a mission to help accredited investors replace their job income with non-leveraged, secured, insured, and cash flowing first position real estate backed notes.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas please visit www.uptownpm.com. If you are interested in investing in multifamily syndication please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #realtor #property #realestateinvesting #propertyinvestment #investing #realestateinvestor #investor #investments #invest #realty #realtorlife #properties #investmentproperties #realestateinvestment #business #investors #REinvesting #entrepreneur #entrepreneurlife #raisingfunds#lending #mortgage #finance #lender #loans #loanofficer #refinance #money #mortgagebroker #financing #business #mortgagelender #homeloan #mortgagebrokers #mortgagelending #homeloans #mortgagetips #mortgages #banking #funding #note #notelending #promissory #mortgageloans #privatelending #mortgagerates #autoloan #hardmoneyloan #noteinvesting #firstpositioncapital #trustdeeds
You may contact Michael Jones via:Phone: 503.432.6070
Email: michael.raymond.jones@gmail.com
Website: https://1stpositioncapital.com/
LinkedIn: https://www.linkedin.com/in/michaelraymondjones/
Social media:
Instagram: @first_position_capital
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT STEVE ROSE:
Steve Rose founded Bristol Equities, Inc. in January 1990 and remains as Chief Executive Officer and Principal. He graduated from Woodbury University with a degree in Business Administration and Marketing / Economics. Steve is an active member of various government and legislative groups such as the Oregon Legal Services Legislative committee and State of Oregon Seismic Safety Policy Advisory Commission.
WHAT YOU WILL HEAR:
[01:28] How Bristol equities started
[02:17] His journey in Apartment investing
[05:20] Difference of investing back then and now
[06:02] Reasons on how to stay in the business for long
[07:20] Steps taken to have that first investment
[09:20] Challenges of First Few deals
[13:50] How to be competitive in the market
[18:20] Why Portland is a good market?
[19:40] Progress on deals over the years
[22:32] Partnerships on business
[24:04] Business operations and partnering with vendors
[27:56] How to find a good market for Apartment investing
[35:27] Leveraging your employees
[37:12] Advice to his 25-year-old self
[39:59] First entrepreneurial Endeavor
[41:54] His formal and informal training shaped his journey
[46:05] The Deal that got away
KEY QUOTES:
[32:10] Dealing with investors is a huge challenge and a lot of my experience prepared me for the upside and the downside of running the business. In our 31 years of business, we had 3 recessions and there have been downsides for sure. Those early experiences I had helped me understand the basics of the business.
[42:40] Don’t rely on others to do your homework. Do it yourself. Understand the investment and realize that the success of the investment is ultimately your responsibility.
[43:00] If the deal is right, pay up and shut up. I’ve seen too many people trying to negotiate small amounts of money and lose deals that were the right fit for them. Ultimately there will be some regrets trying to shed a nickel here and there.
Summary of Business:
Bristol Equities, Inc. was established in 1990. In 2014, Bristol Equities, Inc. created Bristol Urban Apartments, a division that is focused on the management of our residential properties. Our specialty is vintage and historic properties ranging from 1890 to 1965 with an interest in enhancing the classic features which appeal to our residents.
Our current portfolio includes 38 multifamily properties in the city of Portland with 919 apartment units and 6 commercial/retail properties located in Oregon and Georgia. As general contractors, we have extensively renovated over 60 projects over the past 31 years and most buildings have historical significance. In addition to our apartment portfolio, we have engaged in the business of converting apartments to condominiums.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas please visit www.uptownpm.com. If you are interested in investing in multifamily syndication please visit www.uptownsyndication.com.
investmentproperty #realestate #investment #realtor #property #realestateinvesting #propertyinvestment #investing #realestateinvestor #investor #investments #invest #propertymanagement #home #rentalproperty #realty #realtorlife #properties #forrent #investmentproperties #realestateinvestment #business #investors #apartmentinvesting #apartmentliving #architecture #bristolequities #bristolurban #portland #REinvesting #portlandpropertymanagement #apartmentbuildings #tenants #landlords #modernhomes
You may contact Steve Rose via:
Email: steve@bristolequities.com
Website: https://www.bristolurban.com/
LinkedIn: https://www.linkedin.com/in/steve-rose-739b7713/
Social media:
Instagram: @steelheadrose @bristolurban
Facebook: @Steverose @BristolUrbanApartments
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT JOEY COLEMAN
Joey Coleman is a recognized expert in customer experience design and an award-winning speaker. He works with organizations around the world ranging from small startups to major brands such as Volkswagen Australia, Zappos, and Whirlpool. His First 100 Days® methodology fuels the remarkable experiences his clients deliver and dramatically improves their profits. His Wall Street Journal #2 best-selling book, Never Lose a Customer Again, offers strategies and tactics for turning one-time purchasers into lifelong customers. When not speaking to audiences around the globe (both virtually and in-person), Joey enjoys spending quality time with his amazing wife and two young sons.
WHAT YOU WILL HEAR:
[01:40] His career background
[02:28] What influenced him to write the book “Never lose a customer again”
[03:30] How human psychology applies to different career tracks
[06:40] Values learned from parents that influenced his career
[10:05] Success stories of implementing the principles of his book
[12:30] Most important aspect for tenants and customers
[15:30] Using technology and preferred mode of communication for the tenants
[18:00] Benefits of regularly communicating with clients
[20:00] Affirmation Phase of the customer or Buyer’s remorse
[24:30] Improvement on stages and process in Property management
[28:20] Using other people’s positive experience to grow your network
[34:24] Eight phases that customers go through
[38:28] About the book “Never lose a Customer again”
[41:55] Advice to his 25-year-old self
[42:53] First Entrepreneurial Endeavor
[45:06] His formal and Informal training that shaped his journey
[48:43] The opportunity that got away
[51:10] Importance of acknowledging your accomplishments
KEY QUOTES:
[2:57] In every job that you have, the way to succeed is to have a key understanding of the human condition. Why do humans do the things they do? And what can we do to convince or persuade them to do the things that we like them to do
[13:25] Often people confuse the finish line in the conversation with our customers. We anticipate the finish line is at one point when the reality is our customers see the finish line much later, and if we’re not paying attention to where they think the finish line is, you’re not going to have happy clients for the long-term.
[18:45] We have to look at what’s the most important to the audience that we’re serving, what’s most important to tenants and owners. A lot of times those little extra touches can go a long way towards making deposits to a bank account for when things go wrong.
[22:50] If we don’t address that in the relationship early on, that difference between our excitement that we got the deal, and the other side of the table which is fear, doubt, and uncertainty on how this relationship will work out. That gap only increases over time, so you have to do things to affirm the decision that they’ve made to work with us.
Summary of Business
Design Symphony is a customer experience branding firm. We're a Creative Digital Agency focused on the development of Apps, Web Design, Interactive Installations, Print, & Creative Consulting / Direction. We tell stories, paint pictures, and create compelling environments to enrich a new generation of Interactive Design. Hello, we are Design Symphony, LLC.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas please visit www.uptownpm.com. If you are interested in investing in multifamily syndication please visit www.uptownsyndication.com.
humanexperience #entrepreneurs #thinkandgrowrich #neverloseacustomeragain #humanpsychology #investing #financialfreedom #wealth #success #motivation #entrepreneurship #investinginyou #entrepreneurlife #financialeducation #mindset #financialindependence #investingtips #goals #customersfirst #customerengagement #consumerinsights #customersatisfaction #customers #customercare #customerjourney #customersuccess #customerloyalty #customerretention #customerexperience #tenants #landlords #owners #clients #customerservice #customerappreciation #happycustomer #customerfeedback #customerreviews #business
You may contact Joey Coleman via:
Email: joey@joeycoleman.com
LinkedIn: https://www.linkedin.com/in/joeycoleman1/
Website: https://joeycoleman.com/
Podcast: https://www.experiencethisshow.com/
Social Media:
▪ Twitter: @thejoeycoleman
▪ Facebook: @joey.coleman.18
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT BRIAN BURKE
Brian Burke is President / CEO of Praxis Capital Inc, a vertically integrated real estate private equity investment firm. He has acquired over half a billion dollars’ worth of real estate over a 30-year career including over 3,000 multifamily units and more than 700 single-family homes, with the assistance of proprietary software that he wrote himself. Brian has subdivided land, built homes, and constructed self-storage, but prefers to reposition existing multifamily properties.
Brian is the author of The Hands-Off Investor: An Insider’s Guide to Investing in Passive Real Estate Syndications and is a frequent public speaker at real estate conferences and events nationwide.
WHAT YOU WILL HEAR:
[01:25] His career background and journey to real estate
[04:35] Raising capital from his cop friends
[05:30] How he survived the great recession
[06:49] Fundamentals of investing in a recession-proof market
[08:43] Flipping model and buying properties amidst market trends
[12:25] Ways to build a good track record
[14:02] Advice to someone who wants to invest
[14:55] Three Trust curves of Real estate
[19:40] Two ways to approach the Real estate industry
[20:15] Criteria on finding business partners
[22:30] How he found the right partner
[24:00] Benefits of having the right partnership
[29:13] What Multi-partners bring to the table
[33:50] Advice to his-25-year-old self
[34:18] First Entrepreneurial Endeavor
[36:14] How his formal and informal training shaped his journey
[38:00] Hiring experts that are out of your league
[38:50] The Deal that got away
KEY QUOTES:
[14:55] You have to get across 3 different Trust Curves. The first trust curve is that they have to trust that real estate is a good place to invest money. The second is that they have to trust you and the third is the deal. You have to show them a deal where they can make money. So, if you can’t hit on three of those, you’re not raising money from anyone.
[19:55] The two different ways to approach this business is that you can either start small then grow it or you can try to go straight to the top, but the failure rate for choice B is a lot higher.
[22:10] The last thing you need is yourself for a partner, because that adds no value. You need someone to bring something that you don’t have. If you can find the right partner, you can go from a small-time business person that no one’s ever heard of to someone who’s in the front page of a newspaper.
SUMMARY OF BUSINESS:
Praxis Capital, Inc. is a vertically integrated real estate private equity investment firm that combines an entrepreneurial approach with an institutional infrastructure. The executive team at Praxis combines more than 100 years and $5 billion of experience in the multifamily sector; including ownership and/or management of over 100,000 apartment units. With over $200 million in assets under management, the focus at Praxis is to implement both tactical and strategic models to acquire underperforming residential real estate assets in US growth markets that we can transform through renovation and repositioning. At Praxis, we aren’t content merely to see opportunities others don’t. Or to simply seize opportunities others can’t. We believe in “creating” value…and we have done just that over 750 times since 2001.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas please visit www.uptownpm.com. If you are interested in investing in multifamily syndication please visit www.uptownsyndication.com.
investments #wholesaleproperties #entrepreneurs #thinkandgrowrich #businessopportunity #earnmore #beyourownboss #realestate #investor #additionalincome #propertymanagement #passiveincome #investmentproperties #realtors #investments #investing #investment #money #business #realestate #financialfreedom #wealth #success #motivation #entrepreneurship #passiveincome #realestateinvesting #investinginyou #futurefunding #propertymanager
passiveincomestream #hustle #businessowner #entrepreneurlife #financialeducation #businesspartners #wealthy #residualincome #realestateinvestor #earnmoney #financialindependence #investingtips #passiveincomeinvesting #goals #sidehustle
You may contact Brian Burke via:
Email: brian@praxcap.com
LinkedIn: www.linkedin.com/company/praxcap
Website: www.PraxCap.com
Biggerpockets: www.BiggerPockets.com/SyndicationBook
Social Media:
▪ Instagram: @praxcap/ @investorbrianburke
▪ Facebook: @praxcap/
▪ Twitter: @praxcap
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT MICHAEL BECKER
Michael Becker is a Principal at SPI Advisory LLC and heads SPI’s Dallas, Texas office. Under Michael's leadership, over the past 8+ years, SPI Advisory has acquired approximately 10,000 units in the Dallas & Austin markets. Before forming SPI Advisory, Michael was a 15-year veteran Commercial Real Estate Banker. Over the last 5 years of his banking tenure, Michael focused exclusively on multi-family properties, where he was the number one loan producer for his division at a Top 3 National lender for his last 3 consecutive years. Michael is a lifelong resident of North Texas and a graduate of The University of North Texas with a BBA in Finance.
WHAT YOU WILL HEAR:
[01:14] His Career Background
[02:30] His journey to Real estate
[07:06] Tipping point to Investing
[11:12] Prioritizing high-value task and delegation to team members
[12:31] The two most important things that Syndicator do
[15:38] Dealing with Brokers
[16:38] Tips on consistently getting deals
[18:30] First Few Deals
[23:20] Dallas market and other competition
[25:29] Advice on someone who wants to invest
[29:50] Cap rates, Migration, and Interest rates on Current market
[35:50] Advice to his-25-year-old self
[36:37] First Entrepreneurial Endeavor
[37:05] How his formal and informal training shaped his journey
[40:25] The Deal that got away
KEY QUOTES:
[7:15] I told myself if this guy can invest in real estate with no money, no professional skillset, and connections, what am I doing? I am not utilizing what I have at my disposal, all the relationships, connections, and knowledge that I have. So, I decided to jump now and take the risk, or else I might regret it later.
[12:55] If you’re a syndicator, two things are most important that drive revenue. You’ve got to find deals and you’ve got to find the money. You have to talk to investors and brokers, look for deals, then everything else is noise.
[38:11] One thing that we did really well is that every time we had a transaction, we would do a post mortem on it. We would go back on what worked well and what’s not, what should we adapt and change and it’s a matter of finding better ways of doing things along the way.
SUMMARY OF BUSINESS:
SPI Advisory specializes in repositioning multi-family assets. Through professional asset management and a high level of integrity, SPI Advisory increases the value of properties while improving quality of life for its residents. SPI Advisory derives stakeholder value through hands on asset management and construction oversight. Our exclusive multi-family focus enables better pricing of value and risk to identify projects with superior risk-adjusted returns.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas please visit www.uptownpm.com. If you are interested in investing in multifamily syndication please visit www.uptownsyndication.com.
investments #wholesaleproperties #entrepreneurs #thinkandgrowrich #businessopportunity #earnmore #beyourownboss #realestate #investor #additionalincome #propertymanagement #passiveincome #investmentproperties #realtors #investments #investing #investment #money #invest #business #realestate #financialfreedom #wealth #success #motivation #entrepreneurship #passiveincome #realestateinvesting #investinginyou #futurefunding #propertymanager
passiveincomestream #hustle #businessowner #entrepreneurlife #financialeducation #mindset #wealthy #residualincome #realestateinvestor #earnmoney #financialindependence #investingtips #passiveincomeinvesting #goals #sidehustle
You may contact Michael Becker via:
Email: mbecker@spiadvisory.com
LinkedIn: https://www.linkedin.com/in/michael-becker-spiadvisory/
Website: https://www.spiadvisory.com/
Watch: http://www.multifamilyinvestingshow.com/
Social Media:
▪ Instagram: @multifamilyinvestingshow
▪ Facebook: @multifamilyinvestingshow
▪ Twitter: @MultifamilyS
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT TAYLOR LOHT
Taylor, the host of Passive Wealth Strategies for Busy Professionals, invests in real estate syndications both actively and passively. He highlights and distills the knowledge, experiences, and lessons of expert real estate investors through his podcast, YouTube channel, and email newsletter. He believes that building passive streams of income is the best path to wealth generation. Taylor lives in Richmond, Virginia, where he started and runs the monthly Richmond Multifamily Investors Meetup, trains Brazilian Jiu-Jitsu, and actively contributes to BiggerPockets.
WHAT YOU WILL HEAR:
[01:09] His journey and motivation towards Real Estate
[04:54] Values learned from parents
[11:32] Inbound and Outbound strategy
[14:28] Steps to foster the relationship to investors
[17:25] Applying a proven model and strategy from mentors
[18:52] Raising capital for Syndicators
[21:19] Building your brand and connections with people
[25:22] Benefits of having a coach and a mentor
[28:21] People in the industry who have inspired him
[31:02] Learning from the experiences of other people
[34:12] Advice to his-25-year-old self
[35:08] First Entrepreneurial Endeavor
[37:08] How his Formal and Informal shaped his journey
[40:05] The Deal that got away
KEY QUOTES:
[22:03] Building a brand comes with time and can accelerate by listening to others who have done it before you, copying their ideas, taking the ones that resonate with you, and applying them to your business. Those partnerships come with time and effort too in building relationships.
[25:04] The most successful people in the syndication space are very good at forging those connections and finding out people’s deeper motivations and desires and doing their best to add value to that as much as they can.
[36:12] If you look at it and see how tall it is you need to climb, it’s going to be a lot harder to climb. But if you just look at the next step in front of you and take that step, it’s a lot easier to just keep on doing that, rather than to stare and peak the whole time.
SUMMARY OF BUSINESS:
Passive Wealth Strategyhelps passive investors participate in large, passive real estate investments. Taylor invests in value-add multifamily and self-storage properties using syndication. He partners with accredited and sophisticated investors to acquire multifamily real estate in investor-friendly markets, primarily in the Southeast United States.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas please visit www.uptownpm.com. If you are interested in investing in multifamily syndication please visit www.uptownsyndication.com.
investments #wholesaleproperties #entrepreneurs #thinkandgrowrich #businessopportunity #earnmore #beyourownboss #realestate #investor #additionalincome #propertymanagement #passiveincome #investmentproperties #realtors #investments #investing #investment #money #invest #business #realestate #financialfreedom #wealth #success #motivation #entrepreneurship #passiveincome #realestateinvesting #investinginyou #futurefunding #propertymanager #syndication
passiveincomestream #hustle #businessowner #entrepreneurlife #financialeducation #mindset #wealthy #residualincome #realestateinvestor #earnmoney #syndicators #financialindependence #investingtips #passiveincomeinvesting #sidehustle
You may contact Taylor Loht via:
Email: taylor@passivewealthstrategy.com
BiggerPockets: https://www.biggerpockets.com/users/TaylorLoht
Social Media:
▪ Instagram: @passive_wealth_strategies/
▪ Facebook: @PassiveWealthStrategies @taylor.loht
Additional Link:
Richmond Multifamily Investors Meetup: Richmond-Multifamily-Meetup
Website: www.passivewealthstrategy.com
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT ARIE VAN GEMEREN:
Arie is the Founder & Managing Member of Lombard Equities Group. Prior to founding Lombard Equities, he was a Principal at Rising Tide Ventures, a technology and healthcare investments firm, where he focused on FinTech and real estate technology companies.
He went to UC Davis with a dual major in History and Political Science. He is a Chartered Financial Analyst and lives in the San Francisco Bay Area with his wife and two young children. He speaks Spanish fluently, an aspiring fiction author, and loves to play tennis and do Brazilian Jiu Jitsu in his free time.
WHAT YOU WILL HEAR:
[1:11] His career background and his journey in Real estate Industry
[3:45] Why Real estate is the best investment
[5:31] Investing on Stock market versus Real Estate
[9:30] How he started with Syndication
[11:23] Choosing the right market to invest
[14:23] Investment property in Portland and why it’s a good location
[17:00] More Factors to consider on choosing your market
[19:05] Bridging the gap from white collar job to financial freedom
[20:51] Comparison on Benefits of Retirement Plan vs. Real estate Investing
[25:47] Benefits of Passive Income Investment
[30:28] Two Kinds of Syndications
[32:38] Objections from Partners and other Investment options
[35:26] His advice on his 25-year-old self
[39:09] First Entrepreneurial Endeavor
[40:41] His Formal and Informal Training that shaped his journey
[45:35] The Deal that Got away
KEY QUOTES:
[8:08] The benefit of real estate is that if you maintain strict controls going in and if you know what you’re doing, you have a base level of education, I think you can control the risk pretty well. There’s a probability to weigh your outcomes in real estate in a way that you can’t with stocks. So, you can actually control the returns.
[31:08] You get the most benefit in real estate if you hold it for the long-term. If you pick the right location, pick a good asset, add some value into it, and cash flow the asset. The tax benefits and inflation over time really outweigh the benefits of selling it.
[36:54] Trust the Process. Trust that you’re on the path to something and do the best with what you’re doing and the right thing will come for you.
47:17 Don’t ever let fear dictate your decisions. Let the potential be opportunities. The rich never ask if they can afford something, instead, they say how can I afford it.
KEYWORDS:
▪ Arbitrage - is the practice of taking advantage of a price difference between two or more markets: striking a combination of matching deals that capitalize upon the imbalance, the profit being the difference between the market prices at which the unit is traded.
▪ Liquid market - refers to any market which is always available, clear and free flowing.
SUMMARY OF BUSINESS:
Lombard Equities Group, LLC is a multi-family investment company partnering with ultra-wealthy investors from the SF Bay Area and abroad to acquire value-add real estate in the Pacific Northwest, California and selective other regions. We and our investors hold for the long term. We strive to achieve liquidity through a cash-out refinance, and hold the property for the long term.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas please visit www.uptownpm.com. If you are interested in investing in multifamily syndication please visit www.uptownsyndication.com.
investments #wholesaleproperties #entrepreneurs #thinkandgrowrich #businessopportunity #earnmore #beyourownboss #realestate #investor #multifamilyinvesting #multifamilyrealestate #apartmentinvesting #multifamily
syndication #apartments #investmentopportunity #realestateeducation #success #motivation #propertymanager
cashflow #raisingcapital #alternativeinvestments #networth #richdadpoordad #entrepreneurship #futurefunding
additionalincome #propertymanagement #passiveincome #investmentproperties #passiveincome #investinginyou
realtors #investing #investment #money #invest #business #realestate #financialfreedom #wealth #realestateinvesting
YOU MAY CONTACT ARIE VIA:
Email: arie@lombardequities.com
Website: www.lombardequities.com
LinkedIn: https://www.linkedin.com/in/arievangemeren/
Social media:
▪ Facebook: @arie.vangemeren
▪ Instagram: @arievangemeren
▪ Twitter: https://twitter.com/arievangemeren
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT ZACH BERKOMPAS
From an early age Zach has been interested in technology and how it is shaping and changing our world. His interest in technology and refining the product development process launched him into a deep interest in Ops & process automation. He now works at LeadSimple as the Head of Customer Success to help plan, develop, and train people to use the leading sales & process automation tool in the Property Management Industry. He enjoys helping companies leverage technology to grow and scale their businesses. He will go above and beyond to ensure you are successful and achieve the outcome of improving your business processes & ultimately enjoying the entrepreneurial dream.
WHAT YOU WILL HEAR
[02:35] Overview of LeadSimple
[04:17] Start of career in Automation Technology
[06:20] What led him to Real Estate Industry
[07:00] Current Investments in Real estate as side hustle
[08:32] Flexibility of Using Leadsimple as CRM and how to maximize it
[09:36] Identifying the Constraints in the business and how to resolve it
[11:36] An example of Constraint in the business - Lack of use of technology
[15:02] Scenarios on how Leadsimple can optimize the process
[18:11] Benefits of Implementing the System
[20:35] Two cycles in Property Management
[25:58] How to Personalize Automation technology
[28:26] Structure of Communication between Landlords, Owners and Tenants
[31:25] Technology Highlights that LeadSimple can do
[37:02] Advice to his 25-year-old self
[38:53] His First Entrepreneurial Endeavor
[39:50] His Formal and Informal Training that helped his journey
[42:00] Moby Dick of Real Estate / The Deal that Got Away
KEY QUOTES:
[19:23] You have to streamline your day-to-day operations before you start filling your funnel with a bunch of new leads. If your operations are messed up and you can’t leverage your team to execute well, then you’re going to have a terrible customer experience and all the marketing efforts that you spent up front, will ultimately be wasted as you lose those clients to a bad experience.
[32:30] If you can contact the owner within 5 minutes when they reach out to you, you have a higher chance on getting that client, because you got to them first, before they can check out another competitor’s site. It’s one of what Lead simple can do for you - key automation on response time.
[37:59] Build your story. Something that relates to life and not just your career, because people buy stories, they don’t buy resumes. A story that is compelling and you can execute on later in life.
SUMMARY OF BUSINESS:
LeadSimple is a platform that combines a full-featured CRM with a process management module that integrates with your property management software. It is designed to help property managers simplify sales, streamline operations, and scale their businesses. We exist to tame small business chaos.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas please visit www.uptownpm.com. If you are interested in investing in multifamily syndication please visit www.uptownsyndication.com.
investments #wholesaleproperties #entrepreneurs #thinkandgrowrich #businessopportunity #earnmore #beyourownboss #realestate #investor #additionalincome #propertymanagement #passiveincome #investmentproperties #realtors #investments #investing #investment #money #invest #business #realestate #financialfreedom #wealth #success #motivation #entrepreneurship #passiveincome #realestateinvesting #investinginyou #futurefunding #propertymanager
automation #technology #engineering #innovation #tech #industryautomation #industrialautomation #businesstechnology #automationengineering #software
YOU MAY CONTACT ZACH VIA:
Email: zach@leadsimple.com
Phone No: 888 626-3259 ext. 7
LinkedIn: https://www.linkedin.com/in/zachary-berkompas/
Website: https://www.leadsimple.com/
Social Media:
▪ Facebook: @zacharyberkompas
▪ Instagram: @zberkom
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT BRYAN JENKINS AND JONATHAN COOK
Bryan Jenkins is the Principal Broker of AHI Properties. He has been a NARPM member since 2011 and holds his MPM and RMP designations. Bryan is currently serving as the NARPM Southeast Region Vice President and is a past President of the Atlanta NARPM Chapter. Bryan is the co-host of Profitable Powerhouse Properties podcast and also a veteran of both the US Navy and the US Army.
Jonathan Cook is the Business Development Manager for AHI Properties. He joined AHI Properties in late 2018 to determine strategies and incorporate new industry innovations. Jonathan is currently an RMP Candidate, a member of the Atlanta Chapter of NARPM and slated to be the Membership Committee Chair for 2021 for the Atlanta Chapter of NARPM. He is a licensed REALTOR in Alabama, and co-host of Profitable Powerhouse Properties podcast. Jonathan is married to Katie and has 3 children ages 5 to 13.
WHAT YOU WILL HEAR:
[2:04] Their journey towards Real estate Industry
[5:17] How AHI Properties started as a company
[10:45] Their Focus on quality and being hands-on across the markets
[14:00] Importance of having a larger operation with more systems in placed
[15:58] Why it is a great time to be in Rental properties
[17:57] Expanding their network to build relationships with Investors
[20:07] Dynamics of Real estate perspective used
[27:20] Adapting Technology in property management business
[32:14] Diversified strategies offered to Investors
[34:10] Educating their agents on how to properly deal with Investors
[39:00] Transition model from Accidental Landlord to Intentional Investor
[42:15] Why some Real estate professionals are not Investing
[50:15] Difference of Reactive from Proactive manager
[52:30] How to leverage other people’s money
[54:20] Importance of Cash Reserves
[56:35] Advice to their-25-year-old self
[59:00] First Entrepreneurial Endeavor
[01:03] How Informal and Informal Training shaped their journey
[01:05] Moby Dick or The Deal that Got away
KEY QUOTES:
[20:26] One of the key ingredients to our success is to bring opportunities for investors to have other investment options in multiple areas. To be that firm that brings them the opportunity to use their knowledge in multiple platforms and help them even if they’re outside our marketplace.
[22:20] To be successful in business, the two golden rules to follow is that you have to do what you say and tell them when you’re gonna do what you say.
[25:50 It’s great to meet some investor personally and be able to sit with them but it’s not exactly an effective business strategy. You’re not displaying your expertise or knowledge in the market just by talking to them, but if you can show them on their own screen and show the data and explain details why it is important, then it’s much better.
[32:14] Combination of those strategies seem to work well and once they dive in to different layers of that and understand that we don’t need to get stuck in one mole, we can do multiple things with this and not only create some instant cash flow but also longer-term stuff.
[47:55] It takes someone that understands from a bigger picture and be educated on how it makes sense in real estate. You have all the tools and knowledge to make it the least risk possible, but there will always gonna be a risk. It’s the lack of confidence and education that’s why some people don’t invest in real estate.
Summary of Business:
AHI Properties is one of Alabama's largest property management companies and currently manages over 1200 single family homes, condos and townhomes as well as some light commercial property and company assets spanning 6 states. Whether you're looking to purchase a home, or sell one, AHI Properties' real-estate staff will put their combined years of experience to work for you. AHI Properties teams up with property owners and works together to market and professionally manage properties properly and our residents can conveniently pay rent and send service request to our management staff 24 hours a day.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas please visit www.uptownpm.com. If you are interested in investing in multifamily syndication please visit www.uptownsyndication.com.
investments #wholesaleproperties #entrepreneurs #thinkandgrowrich #businessopportunity #earnmore #beyourownboss #realestate #investor #additionalincome #propertymanagement #passiveincome #investmentproperties #realestaterecap #undercontract #listings #realtors #investments #NARPM #NARPMSmart #investing #investment #money #invest #business #realestate #financialfreedom #wealth #success #motivation #entrepreneurship #millionaire #passiveincome #realestateinvesting #investinginyou #futurefunding #propertymanager
You may contact them via:
Website: https://www.ahiproperties.com/
Email: podcast@ahiproperties.com
Bryan's LinkedIn: @BryanJenkins
Jonathan's LinkedIn: @JonathanCook
Social Media:
▪ Facebook: @PPPwithAHI
▪ Instagram: @PPPwithAHI
▪ Twitter: https://twitter.com/PPPwithAHI
▪ Podcast page: Profitable Powerhouse Properties
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT BRANDON SCHWAB
Brandon is a brilliant business entrepreneur who started his first company detailing boats and RVs. He had grown that business and turned his creative energy to learning real estate acquisition, development, finance and recruiting incredible partners to offer a fresh alternative to senior care in the Midwest.
WHAT YOU WILL HEAR
[01:15] How he got started in Real estate Industry
[02:40] His observation on Conditions of Nursing homes
[06:00] The hustle that he did prior to having a passive income
[07:50] Club of Investors that he opened up and how he builds his network
[14:45] How he looks for property to open up as a nursing home
[17:25] Process of Converting a house to a Nursing Facility
[19:00] How he found a partner to operate the facility
[19:38] Ways to raise the capital to open up and start the business
[22:50] How he dealt with Business partners
[27:34] Challenges of a Service-driven Industry
[29:20] Recent deals and properties converted to nursing homes
[35:13] How Typical Deal looks like for him
[38:20] Ways to Level up Home-care using Technology
[40:50] Advice to his 25-year-old self
[43:37] First Entrepreneurial Endeavor
[45:17] His Formal and Informal Training that shaped his journey
[47:02] His Moby Dick or The Deal that Got Away
Key Quotes:
[25:42]
That property taught me a ton. It was a deal that if I ought to have bought it early but at that time, I couldn’t get a bank financing that would give me a capital to buy it on our own.
[42:15]
Have I gotten into a business that always pays into actual assets over time, that would have been the best thing that could have happened. If I could only take back 14 years ago, I would be doing things differently.
[45:40]
The best education I have is joining groups and meeting other people. As I join different groups like collective genius back then, it started opening up doors for me that I don’t even know possible.
Summary of Business:
Shepherd Premier Senior Living offers a fresh alternative to Senior Care in the Midwest. Residents are attended by trained and qualified caregivers at a rate of 1 caregiver to 5 residents, Brandon’s vision has become a reality. Their homes are exactly that – renovated homes that are upgraded with sprinkler systems, state-of-the-art keypad entry systems and HD video monitoring in common areas and outdoors. Boutique Senior Living Fund is the financing arm for Shepherd that provides investors the ability to diversify into senior living with a twist. Our fund only invests in boutique senior living homes (10-20 bed) throughout the Midwest. Our funds Offering both debt and a unique hybrid of debt/equity for investors to pick from.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas please visit www.uptownpm.com. If you are interested in investing in multifamily syndication please visit www.uptownsyndication.com.
brokers #investments #wholesaleproperties #entrepreneurs #thinkandgrowrich #businessopportunity #earnmore #beyourownboss #additionalincome #propertymanagement #passiveincome #realestate #investmentproperties #realestaterecap #undercontract #listings #realtors #investor #motivation #assistedliving #seniorliving #seniorcare #memorycare #eldercare #elderlycare #homecare #healthcare #alzheimers #caregiver #independentliving #retirement #caregiving #elderly #seniors #seniorlivingcommunity #caregivers #homehealthcare #health #care #caregiversupport #dementiacare #nursinghome #family #homehealth #assistedlivingfacility
You may contact Brandon via:
Email: brandon@shepherdpremierseniorliving.com
Online Calendar: http://www.brandonschwab.com/
LinkedIn: https://www.linkedin.com/in/brandonschwab/
Website: http://www.boutiqueseniorlivingfund.com/
Biggerpockets: https://www.biggerpockets.com/users/BrandonS432
Social media:
• Facebook: @brandonschwab
• Instagram: @brandonschwab99
• Twitter: https://twitter.com/brandonschwab
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT SARAH LAIDLER
Sarah Laidler is the Designated Broker / President of Accolade Properties in Yakima and Ellensburg, Washington. Coming from a development family, she recognized first-hand the need for professional property management services. Thus, began her passion to create that which they could not find. By default, Accolade Property Management was born. Sarah is currently the President of the Washington State National Association of Rental Property Managers (NARPM). She lives outside of Yakima, Washington with her husband and two children.
WHAT YOU WILL HEAR
[1:43]How she got started in her journey to real estate
[3:50] How she got involved in management side of family business
[6:00] The best lesson she learned from her parents
[9:40] Reasons why people don’t invest in Real estate
[10:50] Advice for people to take the leap on Investing
[12:24] How to leverage the team
[14:31] Advice on how to create a great culture in the company
[16:32] Best practice and activities they implemented to connect with employees
[23:12] Benefits of having a great culture in the business
[24:45] Advice on hiring an employee and proper communication with the team
[31:44] Choosing a team member through acquaintances and relationship
[35:53] What contributes to their companies’ success
[38:13] Advice to her 25-year-old self
[39:13] First Entrepreneurial Endeavor
[41:01] How Formal and Informal Training shaped her journey
[44:20] The Deal that Got away
KEY QUOTES:
[7:01] The willingness to take the risk and have the confidence to figure it out when opportunity comes, is the core trait that I have learned from my parents.
[15:00] Having someone on your team question “the why’s” is important and recognize that they see things differently.
[15:55] To empower your employees to make decisions about their role so when they excel, they know that they have added value to the company and at the same time, when they fail, they also have the accountability in placed.
[23:12] The benefit of having a great culture is that you create a happy atmosphere in the workplace knowing that you spend a lot of time with your colleagues and that we have each other’s back. Also, there is check and balance in placed.
Summary of Business:
Accolade Properties is a company that handles property management for residential, multifamily and commercial. Our team is responsible for taking care of all aspects of managing your rental(s). For commercial rental management, these services include property maintenance and compliance, retail vacancy marketing and tenant placement, rent collection and accounting, on-call property managers, web-based portals for property owners and tenants. Also, Accolade Properties provides comprehensive and flexible real estate brokerage and consulting services.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas please visit www.uptownpm.com. If you are interested in investing in multifamily syndication please visit www.uptownsyndication.com.
investmentproperties #listings #realtors #investor #motivation #brokers #investments #thinkandgrowrich #rentals #businessopportunity #earnmore #additionalincome #investing #propertymanagement #passiveincome #realestate #realestate #realestateinvesting #entrepreneurship #hustle #businessowner #realestateinvestor #careers #recruiting #girlboss #business #womeninbusiness #teamwork #business #businesswomen #companyculture #employeeengagement #humanresources #teambuilding #company #leadership #workculture #culture #employeeexperience #employeeappreciation #management #workplaceculture #companyculturematters #humanresourcesmanagement #teamwork #officeculture #retention #coaching #team #companyvalues #corporateculture #entrepreneur #employeebenefits #businessgrowth
You may contact Sarah via:
Phone no: 509-969-3893
Email: sarah@accolade-properties.com
Website: https://www.accolade-properties.com/
LinkedIn: https://www.linkedin.com/in/sarah-laidler-a20b7b16/
Social Media:
▪ Facebook: @AccoladeProperties
▪ Instagram: @Accolade.Properties
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT JAY HINRICHS
Jay began his career in Real Estate in 1975 and has been involved in all aspects of the industry including timber and wood product harvesting, hard money lending, and single-family residential development. He became President of Langer Mortgage in Oakland, California, began a company called Cedar Mountain and Silverado Group LLC. Jay’s current business is Short Term Lending in a Capital Partner Model. Jay has also become a new home builder in two markets; Portland, Oregon and Charleston, South Carolina.
WHAT YOU WILL HEAR
[1:21] His journey on Real estate career
[5:38] How Fractional mortgages differ in California from Oregon
[7:30] His experience on getting out of bankruptcy
[9:50] How he started with building subdivisions
[13:40] How he bridge the gap from being a Real estate professional to an Investor
[16:40] When and how he started buying properties
[19:13] Good Structure for Hard money deals
[20:28] Stigma of Using hard money
[23:24] Examples of good hard money deals to use for
[29:45] Advice on how to raise capital without using hard money
[30:48] Most Recent Deals
[36:16] How to start building your track record
[38:51] Advice to his-25-year-old self
[40:03] First Entrepreneurial Endeavor
[42:18] His Formal and Informal training that shaped his journey
[43:26] The Deal that Got Away
KEY QUOTES:
[10:58] I tell my staff, “You see, 3 or 4 years from now, what we are doing today, we will not be doing that, we’ll be doing something else. It will be real estate-based, but it will be completely something different and something new.’’
[14:32] Generally speaking, you can’t earn enough money just by selling real estate to become a massive investor. You can start small and over time, you definitely can if you’re buying in the right places, if the market is good and you keep on rolling it up.
[20:53] “Some people find it scary to use hard money because they don’t fully understand the full scope of our financial system”.
[28:11] We all lose money in Real estate, if you haven’t lost money, it’s either you’re the smartest guy in the planet or you haven’t done many.
Keywords:
▪ ARV (After Repair Value) = the estimate of a property’s value after all repairs and upgrades are completed.
▪ PPM (Private Placement Memorandum) = is a legal document provided to prospective investors when selling stock or another security in a business
Summary of Business:
JLH Capital Partners is a family-run business with industry expert Jay Hinrichs at the helm. Our primary lines of business have grown to include residential development, commercial and bridge lending, and partnering with seasoned real estate professionals to pursue a myriad of joint venture projects.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas please visit www.uptownpm.com. If you are interested in investing in multifamily syndication please visit www.uptownsyndication.com.
investmentproperties #realestaterecap #undercontract #listings #realtors #investor #motivation #brokers #investments #wholesaleproperties #entrepreneurs #thinkandgrowrich #businessopportunity #earnmore #beyourownboss #additionalincome #propertymanagement #rentals #passiveincome #realestate #success #wealth #financialfreedom #motivation #money #debtfree #finance #debtfreedom #debts #mortgage #lender #home #mortgagelender #loangoals #realestate #investing #realestateinvesting #entrepreneurship #hustle #businessowner #realestateinvestor
You may contact Jay via:
Email: jay@jaylhinrichs.com
LinkedIn: https://www.linkedin.com/in/jay-hinrichs-732a802b/
Website: https://jlhcapitalpartners.com/
Social Media:
▪ Facebook: https://www.facebook.com/jay.hinrichs.395
▪ Instagram: https://www.instagram.com/jlhcapital/
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT KELLIE TOLLIFSON:
Kellie Tollifson is the owner of T-square properties and a sought-after speaker. She is also an active member of NARPM and also served as 2020 President of NARPM and is currently serving as the Past President. She started her journey in real estate by managing properties of family and friends and eventually the business has grown with the help of his business partner and her husband.
WHAT YOU WILL HEAR:
[1:30] How she started her journey in Real estate
[2:28] The Kind of Niche she chose on start of her career
[5:54] Her previous work experience before real estate
[9:05] Family values that she brings to the business
[10:04] How family hardships affected her values in life
[11:28] Her Long-and short-term goals
[14:10] Her ‘’Why” of Investing
[17:30] How NARPM helped the business
[23:30] Advice to those who wants to Invest
[27:05] Advice to her 25-year-old-self
[28:29] First Entrepreneurial Endeavor
[31:40] How Formal and Informal Training shaped her journey
[34:05] The Deal that Got Away
[41:30] Why she chose Property management as a career
[42:50] Reasons why people are afraid to Invest in Real estate
KEY QUOTES:
[10:34] As husband and wife, we blended together and worked really well because he’s got more of a business sense than I do and I’ve got more of a personal or relationship sense. There’s need to be a boundary for each.
[12:33] Sometimes it’s just the work ethic. If you just work hard and make the right choices, things will come around.
[14:40] ‘’The Why’’ is important in anything we do.
[16:30] The greatest thing about NARPM is the people I’ve met. They know my journey and can relate to what I do.
[24:35] My husband is patient enough to wait for the right deal to come along. It needs to be the right transaction for you, the right environment financially or whatever.
[29:19] I was not born a risk-taker but I have grown into one.
Summary of Business:
T-Square Properties is a licensed real estate brokerage company that specializes in managing residential homes, multiplexes, apartments, and commercial properties. T-Square Properties offers a superior level of service for those property owners that value expertise and understand the importance of a truly professional management company. We pride ourselves on our ability to deliver value to our clients by building uncompromising and long-lasting relationships with our property owner clients.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas please visit www.uptownpm.com. If you are interested in investing in multifamily syndication please visit www.uptownsyndication.com.
investmentproperties #realestaterecap #undercontract #listings #realtors #investor #motivation #brokers #investments #wholesaleproperties #entrepreneurs #thinkandgrowrich #businessopportunity #earnmore #beyourownboss #additionalincome #propertymanagement #rentals #passiveincome #realestate #investinginyou #futurefunding #propertymanager #NARPM #NARPMSmart #investment #propertyinvestment #properties #empoweredwomen #findingyourniche #Leased#RealEstate #money #business #stocks #finance #stockmarket #success #wealth #financialfreedom #motivation @kellie.tollifson
@katollifson
You may contact Kellie Tollifson via:
Email: ktollifson@tsquaremanagement.com
LinkedIn: @KellieTollifson
Social Media:
▪ Facebook: @kellie.tollifson
▪ Instagram: @katollifson
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT GARY KOMENAKA
Gary was born and raised in Hawaii. He is a dentist at Ala Moana Dental care. He graduated at Washington University and got his dental degree from Oregon Health Sciences University. He invested in single family homes and multifamily properties but also got involved in syndications, crowdfunding and lending. He recently started teaching and enjoys spending time with family and friends, along with running, kendo and golf.
THIS TOPIC IN A NUTSHELL:
[2:38] His journey in Real estate
[4:25] How he made connections in the industry
[7:34] How he acquired his 1st property
[7:52] What he did to survived the great recession
[11:04] Key concepts learned from financial struggle
[13:00] His criteria to look for in a property
[14:44] His goals to improve portfolio given the market status
[16:53] Opinion on Fear or greed and how it affects decision making
[22:30] Decision to join syndication and experience
[27:05] Toughest part of rebuilding and motivation to start again
[30:16] Take away from overcoming great recession
[35:22] His advice on 25-year-old self
[36:42] First Entrepreneurial Endeavor
[37:30] How Formal and Informal training help his journey
[39:27] The Deal that got away
KEY QUOTES:
[5:59]” You go to work and you do the same thing every day”. So, I said to myself, “There’s no way that I can do this for 40 years. I needed some other outlet and I think that Real estate is the key. In this industry, you’re always learning.”
[12:37] Be careful on using leverage. Definitely it can be used, but don’t go too crazy with it. That’s what I’ve learned, so I tried to keep my loan a little more moderate.
[17:37] I am the only one who can control my destiny. If there are some mistakes that I have made, it will definitely become a part of me.
[19:10] You should not let things go out of control. Definitely, you wouldn’t like to make the same mistake again.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas please visit www.uptownpm.com. If you are interested in investing in multifamily syndication please visit www.uptownsyndication.com.
beyourownboss #additionalincome #propertymanagement #rentals #passiveincome #realestate #portlandpropertymanagment #realtor #income4u #portlandrealestate #landlord #landlording #propertymanagementportlandor #portlandor #economy #stockmarket #investing #gold #onlinebusiness #collapse #realestate #business #silver #economiccollapse #financialeducation #survival #financialcrisis #debt #bonds #money #budget #finance #wealth #cash #investments #work #retirement #freedom #financialintentionality #everydollar #success #financiallyintentional #goals #passiveincome #businessopportunity #grinding #moneymotivated #getrich #noexcuses #hustlehard #abundance @gary.komenaka @geezeemz
You may contact Gary Komenaka via:
Email: gary.komenaka@gmail.com
LinkedIn: @GaryKomenaka
Social media:
▪ Facebook: @gary.komenaka
▪ Instagram: @GaryKomenaka
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
ABOUT LIZ CLEYMAN
Liz is an Executive Property Manager at Grace Property Management and has been in the industry for over 10 years. She is also the President-elect of NARPM for 2021 and has earned the Master Property Manager designation. She loves working with both investors and tenants and assist them with high energy expert service. In her spare time, she loves spending time with her family, playing golf and exploring the Rocky Mountains.
WHAT YOU WILL HEAR
[1:09] Her journey in Real estate Industry
[3:25] About NARPM and why you should join this organization
[5:20] Her Advice to Investors looking to hire property managers
[6:50] Her Experience working with NARPM
[7:40] What sets NARPM affiliated property managers apart from the others
[8:34] What NARPM has done for the business
[9:21] Leadership skills learned from real estate experience
[11:50] How she deals with different types of Investors
[13:22] Advice on Investors on how to be good at relationships
[15:20] What held her back from Investing at first and why bridge the gap
[20:39] Liz’s advice to her 25-year-old self
[20:56] First Entrepreneurial Endeavor
[21:31] How Formal and Informal training shaped her journey
[22:40] Liz’s Moby Dick or Opportunity that got away
Key Quotes:
[2:29] I love helping people and that’s the number one that we do. The most intriguing thing for me, is that it’s something different every day. It’s always something new and exciting, it’s a challenge so that’s what I love about as well.
[14:35] It’s just the wow factor that helps build the connection and trust. You got to have trust with the relationship, especially when you are managing such a big investment with them.
[15:39] It’s such a great retirement plan to invest in real estate.
ABOUT THE COMPANY
Grace Property Management and Real Estate helps investors manage, lease, buy and sell from single family homes to retail and office properties. Our purpose is to improve the lives of real estate investors and residents through property management solutions. We help people find stable rental housing that is fair-priced, clean and safe.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas please visit www.uptownpm.com. If you are interested in investing in multifamily syndication please visit www.uptownsyndication.com.
investmentproperties #realestaterecap #undercontract #realestatesuperagent #listings #realtors #investor #motivation #brokers #investments #wholesaleproperties #entrepreneurs #thinkandgrowrich #businessopportunity #earnmore #beyourownboss #additionalincome #propertymanagement #rentals #passiveincome #realestate #portlandpropertymanagment #realtor #income4u #portlandrealestate #landlord #landlording #propertymanagementportlandor #portlandor #realestateinvesting #investinginyou #futurefunding #propertymanager #portlandpropertymanagement #NARPM #NARPMSmart #realestateagent #investment #propertyinvestment #properties #propertyagent #forrent #Leased#RealEstate #REInvesting #Investing #RealEstateInvestor #Realtor #HomeForSale #PropertyForSale #HouseHunting #firsttimehomebuyer #JustListed #RealtorsLife #greatvalue #HomeSearch #turnkeyinvestment #HomeSweetHome #Instahome #development #Listings #justsold #SmartRealtor #RealEstateSales #Sell #Townhomes #MegaHome #realestatetricks #LuxuryLiving #Building #realestateinvesting101 #modelhome #justRealtorthings @lizgulleycleyman @lizcleyman
You may contact Liz Cleyman via:
Email: lizcleyman@gmail.com
Phone No: 813 770 4149
Social media:
▪ FB: https://www.facebook.com/liz.cleyman
▪ Instagram: @lizcleyman
LinkedIn: https://www.linkedin.com/in/liz-cleyman-mpm-rmp-35768b70/
Company Website: https://www.rentgrace.com/
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
About Mike Nuss
Mike is the CEO of Rarebird Real Estate based in Portland, Oregon. Having a background as a licensed appraiser for the last 20 years, he is a recognized expert in valuing, negotiating, and expanding Portland properties. He also founded Investor Lab, a membership-based community that hosts events with community-powered education, authentic dialogue, and opportunities to lead and inspire in the world of real estate investing. He enjoys golf, basketball, and spending time with his family.
THIS TOPIC IN A NUTSHELL:
[01:40] Mike’s journey to real estate
[04:26] Transition from Appraisal industry to Investing in Real estate
[06:50] How Mike grew his network as an Investor
[08:50] How Rarebird started as a company
[10:56] What made him flip and switch from Appraisal to becoming an entrepreneur
[13:50] His inspiration to become an Entrepreneur
[15:08] How Mike started in Brokerage and how they run it differently from others
[19:58] How the company grew vertically and horizontally
[26:41] His definition of Leverage and effective ways to use it
[30:12] Partnership as a form of Leverage
[32:38] Good structure for Joint Venture
[37:10] Mike’s advice to his 25-year-old self
[39:30] Formal and Informal training that shaped his journey
[40:37] The Deal that got away
Key Quotes:
[21:10] At the end of the day, being a successful entrepreneur is just having a bunch of tools in one toolbelt and understanding how to use the right tool for different scenarios.
[38:33] You don’t have to win every single battle; you just need to stay in the game.
Summary of Mike Nuss’ Business:
Rarebird Real Estate is a collection of real estate companies dedicated to helping people buy and sell real estate, build an investment portfolio or get help in managing your property. We leverage our carefully designed processes to maximize owner investments and foster positive resident relationships. Our focus is on educating sellers and guiding them on the right path to reach their specific goals by exploring all their options.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas please visit www.uptownpm.com. If you are interested in investing in multifamily syndication please visit www.uptownsyndication.com.
investmentproperties #realestaterecap #undercontract #realestatesuperagent #listings #realtors #investor #motivation #brokers #investments #wholesaleproperties #entrepreneurs #thinkandgrowrich #businessopportunity #earnmore #beyourownboss #additionalincome #propertymanagement #rentals #passiveincome #realestate #portlandpropertymanagment #realtor #income4u #portlandrealestate #landlord #landlording #propertymanagementportlandor #portlandor #realestateinvesting #investinginyou #futurefunding #propertymanager #portlandpropertymanagement #NARPM #NARPMSmart #IREM #multnomahvillagepdx #realestateagent #investment #propertyinvestment #properties #propertyagent #forrent #Leased#RealEstate #REInvesting #Investing #RealEstateInvestor #Realtor #HomeForSale #PropertyForSale #HouseHunting #RealEstateExpert #JustListed #RealtorsLife #DreamHome #HomeSearch #MillionDollarListing #HomeSweetHome #Instahome #development #Listings #SmartRealtor #RealEstateSales #Sell #Townhomes #MegaHome #realestatetricks #LuxuryLiving #Building #realestateinvesting101 #richlife @rarebirdmike @investorlab @rarebirdrealestate
You may contact Mike Nuss via:
Email: mike@myrarebird.com
Phone No: 503 789 9821
Social Media:
• Instagram: @rarebirdmike @investorlab @rarebirdrealestate
• Facebook: https://www.facebook.com/mike.nuss.3
LinkedIn: https://www.linkedin.com/in/mike-nuss-03098b8/
Company Website: http://www.myrarebird.com
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | https://www.youtube.com/channel/UCiUjoeFertF_hlBUw4J2Tbw
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | https://www.instagram.com/westsideinvestorsnetwork/
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | https://www.facebook.com/WestsideInvestorsNetwork
· Youtube | https://www.youtube.com/channel/UC09eO7-kWaZFvCmGuGf0A8A
About Scott Dalinger
Scott has been wholesaling in the Portland metro area since 2019. Previously he worked as a Sales manager, Defense sector and spent several years doing business in Latin America. He also served as a head of Green Coffee sales for Axiom specialty coffee and Account Executive for Xerox in Southern California. Now he runs his own company who helps distressed sellers by providing them with a hassle-free sale of their house on their terms. He is an avid Formula1 fan and loves to fish, ski, surf and do pretty much any outdoor activity.
What You will Hear:
[01:17] How he got started in Wholesaling business
[04:38] What is interesting about wholesaling and traits needed for this business
[08:35] Aspects of Wholesaling
[13:48] Pillars of Pre-qualification of Leads
[15:00] How to Identify a motivated seller
[18:35] Cold calling preferences on local vs. foreign cold callers
[20:21] Right way to do cold calling
[23:58] Core values implemented and basic foundation strategies
[27:00] Best way to find motivated leads and negotiate with them
[36:24] Scott’s Advice to his 25-year-old self
[39:23] His First Entrepreneurial Endeavor
[41:44] His Formal and Informal Training that shaped his journey
[44:18] The Deal that Got Away
Key Quotes:
■ [11:24] Real Estate Investing is an option. It’s a path.
■ [20:28] People can hear the smile through the phone.
■ [22:18] On the phone, active listening is everything. Given that audible feedback that lets them know that you’re listening and you gain their trust because you’re really helping them.
■ [38:49] Stop thinking how you can save money and start thinking how you can increase your income.
■ [42:55] I’m a huge believer in paying for formal education. You just get to where you want to go much, much faster.
■ [44:09] The only way to learn is by making mistakes.
Summary of Scott’s Business:
Coast 2 Coast House Buyers helps distressed sellers by providing them with a hassle-free sale of their house on their terms. There is a flipping division as well as a wholesaling division that provides off-market real estate deals to investors that they can't get anywhere else.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas please visit www.uptownpm.com. If you are interested in investing in multifamily syndication please visit www.uptownsyndication.com.
investmentproperties #realestaterecap #undercontract #realestatesuperagent #listings #realtors #investor #motivation #brokers #investments #wholesaleproperties #entrepreneurs #thinkandgrowrich #businessopportunity #earnmore #beyourownboss #additionalincome #propertymanagement #rentals #passiveincome #realestate #portlandpropertymanagment #realtor #income4u #portlandrealestate #landlord #landlording #propertymanagementportlandor #portlandor #realestateinvesting #investinginyou #futurefunding #propertymanager #portlandpropertymanagement #IREM #multnomahvillagepdx #realestateagent #investment #propertyinvestment #properties #propertyagent #forrent #Leased#RealEstate #REInvesting #Investing #Wholesaling #ColdCallers #MotivatedLeads #ScottDalinger #Coast2CoastHouseBuyers
You may contact Scott Dalinger via:
Email: scott@coast2coasthousebuyers.com
Phone No: 503 891 0643
Social Media:
▪ FB: https://www.facebook.com/scott.chisum
LinkedIn: https://www.linkedin.com/in/scott-dalinger-a122352a/
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | https://www.youtube.com/channel/UCiUjoeFertF_hlBUw4J2Tbw
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | https://www.instagram.com/westsideinvestorsnetwork/
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | https://www.facebook.com/WestsideInvestorsNetwork
· Youtube | https://www.youtube.com/channel/UC09eO7-kWaZFvCmGuGf0A8A
The real estate business does not discriminate against anyone; everyone is welcome. Just do it right, diversify and retire.
For today's episode, we will have Scott Brady. He's a real estate business owner with multiple businesses in the Southern California area.
Scott got an enthusiastic opinion on real estate. We discussed the trends in the property management industry. We talked about macroeconomics, debt, development, and how that affects opportunities in the marketplace. So we're excited to present this episode to you today. Enjoy this conversation with Scott Brady.
ABOUT SCOTT BRADY.
He is the owner of Progressive Property Management, Inc., Progressive Association Management, and Partners Real Estate Group
He is an entrepreneur at heart who loves building companies, properties, and improving businesses. He loves what he does and doesn't "work" a day in his life and doesn't look forward to "retiring" from these endeavors.
WHAT YOU WILL HEAR
- [1:38] Scott´s journey in association management.
- [14:58] The importance of finding people that fit your business model.
- [17:06] From banking to real estate: How Scott got into real estate.
- [19:48] Using marketing as a business tool.
- [23:51] The wealthy retirement.
- [32:17] The issues of buying multi-familiar real estate.
- [34:07] The inflation and deflation in the economy.
- [39:13] The relation between tax increases and pensions.
- [45:22] Scott advises his 25 years old self.
- [47:22] Scott first entrepreneurial.
- [52:14] How Scott´s formal or informal training shaped his journey.
- [53:40] Scott real estate Moby Dick, the one that got away.
Key Quotes:
■ [45:18] If you make people wealthy, they tell their friends. Everyone will go rich and they will find you. There’s a lot of rich people out there and they want to work their money for them.
Scott Brady is the owner and president of Progressive Association Management Inc., where he manages 1,100 doors and is expecting 300 new doors in 2021. He also owns and manages Brady Consulting Group and offers marketing packages and "How to Build a Profitable Property Management Business" at www.AddMoreDoors.com
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas please visit www.uptownpm.com. If you are interested in investing in multifamily syndication please visit www.uptownsyndication.com.
investmentproperties #realestaterecap #undercontract #realestatesuperagent #listings #realtors #investor #motivation #brokers #investments #wholesaleproperties #entrepreneurs #thinkandgrowrich #businessopportunity #earnmore #beyourownboss #additionalincome #propertymanagement #rentals #passiveincome #realestate #portlandpropertymanagment #realtor #income4u #portlandrealestate #landlord #landlording #propertymanagementportlandor #portlandor #realestateinvesting #investinginyou #futurefunding #propertymanager #portlandpropertymanagement #NARPM #NARPMSmart #IREM #multnomahvillagepdx #realestateagent #investment #propertyinvestment #properties #propertyagent #forrent #Leased#inflationdeflation #marketeconomy #retireearly #multifamilyinvesting #pensions #wealthyretirement @scott.p.brady
You may contact Scott Brady via:
Email: scottbrady1963@gmail.com
Facebook: https://www.facebook.com/scott.p.brady
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | https://www.youtube.com/channel/UCiUjoeFertF_hlBUw4J2Tbw
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | https://www.instagram.com/westsideinvestorsnetwork/
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | https://www.facebook.com/WestsideInvestorsNetwork
· Youtube | https://www.youtube.com/channel/UC09eO7-kWaZFvCmGuGf0A8A
Chris has been involved as a principal in real estate projects throughout Oregon and SW Washington for over 17 years. He is a former practicing attorney and has deep expertise in foreclosures & redemption rights, probates, bankruptcy, land development, renovation/value-add projects, and creative financing & transaction structures within all real estate classes. He currently manages a portfolio of residential and commercial assets, and is active in buy-sell, development and redevelopment projects throughout the area. He enjoys the challenge and variety in bringing creative, mutually beneficial solutions to challenging real estate-related problems, as well as the lifestyle this work affords.
What makes Chris different from the other Attorneys
[3:43]
Chris has a very entrepreneurial mindset. He got tired of working the billable hour and so he looked for something outside of that. He was willing to take the risk of being an entrepreneur and he knew the risks of losing money or not making it sooner and aggressively.
Competition
[6:43]
It’s always been competitive. Back then it wasn't as competitive as it became. There were fewer players and more people that were just waiting for the auctions and going to buy at auction at that time. If you're trying to jump ahead of that and figure out ways to transact deals and structure deals ahead of that, that would be profitable and resolve the problems. Fewer people were doing that so it worked.
[7:29]
There are always competitors and there always has been certainly getting more competitive over the years in terms of activity, pre-foreclosure activity, and just the type of marketing that you do for that.
Chris’s Solution
[9:13]
Buying the property. Generally, you're just trying to buy properties. You're trying to buy properties below market and create a spread to market or retail or unlock some type of value in the property through development or redevelopment.
[9:47]
Doing a lease-purchase option back with the seller was one way to allow them to stay in the property and even potentially buy it back for profitable spread to the investors.
The Lease-Purchase Option
[12:39]
Doing the lease-purchase option, the transaction is pretty much been eliminated at this point in time, because of some statutes that came on the books a little while back.
Keys to Success
[13:30]
Having the legal background gave Chris a bit of a leg up in terms of understanding the statutory processes. Understanding how to read and decipher title reports, manufacture and deliver and negotiate the contracts involved. Familiarizing yourself with all three of those and building relationships with attorneys who understand it.
The Learning Curve
[14:44]
It just depends where you're coming from. There's a lot to learn. I wouldn't probably start doing that as a novice real estate investor off the bat on my own. I would probably be looking to partner with somebody who's already been doing it for a while and knows all of them and kind of bring them leads or do some of the grunt work.
[15:39]
There’s an element of just taking some risk and getting in there. I’ve learned way more just by doing deals and dealing with different unique situations than I've ever learned from any book or seminar. Just getting in there and actively doing it and giving it a shot and then learning as you go.
Motivated Seller
[16:43]
It just kind of grew more just diversifying into different ways of finding a motivated seller. Most of what we do boils down to finding a motivated seller that they have some motivation to sell on terms or on how to price it provides a profit potential and then managing that transaction through to the end sale.
Growing and adapting
[17:27]
Being adaptable, being creative, and learning and trying new things. It’s how you grow and build it over time.
Predictions and Opinions
[19:38]
January and February are going to be the highest number of eviction filings ever all across the country due to the Pandemic.
Where Chris will focus his efforts on the Future
[23:35]
I've got a lot of different irons in the fire and over time, my business and experience have grown and I've gotten into commercial and development projects and things like that so I’m not as focused on single-family, distressed properties as it once was, but it's still a good business and there's still opportunity to bring value and make a lot of money doing it.
[24:00]
I think it makes sense to be positioned as having already gained experience, knowledge, and background dealing with all that to be ready for it. I assume that there's going to be a lot more opportunity in that area probably for several years.
Chris’s Advice
[24:52]
Understand the title of what you're bidding on is important.
[25:25]
Make sure that you're capitalized well enough to bear whatever risk you're taking. You have to really understand the risk you're taking and be willing to bear the risk of loss. Calculate that you have a greater chance of gain and loss in any given deal or transaction.
[26:46]
When you're starting out, you got to rely on a third party so make sure you build in the time you need to figure it out so you can get the people in there that have that experience to tell you what you don't know.
[28:55]
The number one thing to also keep in mind is that you're gonna make your money when you buy. If you didn't make your money when you bought you probably gonna lose money.
[30:23]
Understand that you're going to make your money on that purchase and not to pull the trigger until you've lined it up to where that's almost an irrefutable fact that will keep you out of trouble.
Chris’s advice to his 25-Year-old self
[30:52]
Just start that process of learning and education. I had learned through school and books and things so starting to take action.
[31:23]
Get involved with technology and the technological side of things.
First Entrepreneurial Endeavor
[32:11]
When I was in college, I worked for a moving company and the way they did everything was everybody was an independent contractor and so you had to start your own business, essentially. I started my first LLC which was done right moving and by the end of the summer, I was definitely a lot stronger.
The Key
[36:08]
You have to build up a financially valuable skill set to break out of that and earn more from applying the leverage that enables you to have the time that you have available because we all have the same amount of time and you have to be able to leverage that with specialized knowledge skills. Leverage is key.
How formal and informal education shaped Chris’s real estate journey
[37:17]
It's been one of my personal unfair advantages in this industry.
[38:05]
It's not only for your financial benefit, but it just keeps life interesting.
The Deal that got away
[40:09]
We had put together a partnership. Several people had not worked together before and that's a difficult thing to do especially on a bigger and complicated commercial transaction development project. The personality clashes did not help and the market timing was also horrible. As those cracks started to show where lenders were not lending on condo projects anymore, we attempted to quickly sell the property.
What Chris could have done differently
[42:28]
Just not trying to bring in people that were just coming from so many different directions and hadn't worked together before.
Chris’s advice to the listeners
43:32
Just stick to the basics. There's a lot of opportunities. You do have to take some risk. It's out there but you got to go for it.
Key Quotes:
[16:56-17:01] “You have to adapt to competitors that come in.”
[27:18-27:34] “You really need to know what you're trying to gain and you have to evaluate the risk. Make sure that the potential gain that you have some percentage chance to receive is worth the risk.”
[36:08-36:09] “Education is the key.”
[42:57-42:59] “You have to let go of something to get out of it.”
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas please visit www.uptownpm.com. If you are interested in investing in multifamily syndication please visit www.uptownsyndication.com.
investmentproperties #realestaterecap #undercontract #realestatesuperagent #listings #realtors #investor #motivation #brokers #investments #wholesaleproperties #entrepreneurs #thinkandgrowrich #businessopportunity #earnmore #beyourownboss #additionalincome #propertymanagement #rentals #passiveincome #realestate #portlandpropertymanagment #realtor #income4u #portlandrealestate #landlord #landlording #propertymanagementportlandor #portlandor #realestateinvesting #investinginyou #futurefunding #propertymanager #portlandpropertymanagement #NARPM #NARPMSmart #IREM #multnomahvillagepdx #realestateagent #investment #propertyinvestment #properties #propertyagent #forrent #Leased#foreclosure #presale #auctionauctionwewantauction #goingoncegoingtwicesold #negotiationpower
You may contact Chris Schwindt via:
Email: chris@cds-enterprise.com
LinkedIn: https://www.linkedin.com/in/christopherschwindt/
Social Media:
▪ Instagram: https://www.instagram.com/schwindt123/
▪ Facebook: https://www.facebook.com/christopher.schwindt.7
Phone: (503) 810-6374
Fax: (503) 716-4619
Mail: PO Box 80794, Portland, OR 97280
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | https://www.youtube.com/channel/UCiUjoeFertF_hlBUw4J2Tbw
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | https://www.instagram.com/westsideinvestorsnetwork/
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | https://www.facebook.com/WestsideInvestorsNetwork
· Youtube | https://www.youtube.com/channel/UC09eO7-kWaZFvCmGuGf0A8A
When you have siblings, each one is different. In this case, we have two: the one who left the nest and the poker player. Despite the differences, the partnership of these brothers has worked wonderfully.
Today we will interview Chris Shepard, our co-host. Passionate about poker and frisbee at an early age, as an adult, Chris discovered his talent for real estate and decided to follow in his father's footsteps.
From buying his college house, playing frisbee in New Zealand to forming a partnership with his brother AJ. This is Chris Shepard's story.
ABOUT CHRIS SHEPARD
Chris Shepard is a licensed broker in Oregon and professionally manages properties in the Portland Metro area. Managing investments since 2009 Chris has extensive experience with all phases of property management and cares for each property as though they were his own. With this background, it's simple for him to discern whether to replace an appliance or get it fixed, whether to spend the money to replace some carpet or to just have it cleaned. He has the investor's best interests at heart.
WHAT YOU WILL HEAR
- [0:24] Getting to know Chris.
- [1:59] How does Chris get into poker.
- [4:23] From college freebie to a world championship.
- [8:00] Chris' first house investment.
- [10:24] Brothers and partners.
- [12:15] The win-win situation.
- [19:21] Chris' advice for his 25 years old self.
- [20:05] Chris' first entrepreneurial endeavor.
- [21:25] How his informal training shaped his journey.
- [23:11] Chris real estate Moby Dick; the one that got away.
Key Quotes:
• [19:45] My advice to myself is to save a portion of your income and invest that in stock market, forget about it and let that money grow.
• [25:03] Something that I learned from Real estate is that you have to be quick to give your offer out to get that deal.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas please visit www.uptownpm.com. If you are interested in investing in multifamily syndication please visit www.uptownsyndication.com.
investmentproperties #realestaterecap #undercontract #realestatesuperagent #listings #realtors #investor #motivation #brokers #investments #wholesaleproperties #entrepreneurs #thinkandgrowrich #businessopportunity #earnmore #beyourownboss #additionalincome #propertymanagement #rentals #passiveincome #realestate #portlandpropertymanagment #realtor #income4u #portlandrealestate #landlord #landlording #propertymanagementportlandor #portlandor #realestateinvesting #investinginyou #futurefunding #propertymanager #portlandpropertymanagement #NARPM #NARPMSmart #IREM #multnomahvillagepdx #realestateagent #investment #propertyinvestment #properties #propertyagent #forrent #Leased#brotherwhoplayedpoker #frisbeechampion
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | https://www.youtube.com/channel/UCiUjoeFertF_hlBUw4J2Tbw
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | https://www.instagram.com/westsideinvestorsnetwork/
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | https://www.facebook.com/WestsideInvestorsNetwork
· Youtube | https://www.youtube.com/channel/UC09eO7-kWaZFvCmGuGf0A8A
West Side Investors Podcast – AJ Shepard
In this episode of the West Side Investors Podcast, AJ joins the show as he talks about his background and how he started his real estate business. AJ is a licensed real property manager and also a licensed contractor in Oregon. He has been an active member of NARPM (National Association of Residential Property Managers) community so he knows the latest property management industry trends.
How it All Started
[00:30]
When in college, I worked in a construction company doing take offs ultimately going in their industrial division and I really got used to construction and how the process works. I made my way to Portland after that and bought my first house at age 23.
First Few Projects
[2:15]
I had a job in Gold mountain Nevada and it was a 20-million-dollar project so it was pretty cool. The last project we had was in Dubai in a recycle plant. I came in to Real Estate with tons of Construction background experience. Also, it was pretty awesome having the resources and we can use the guys from the other company even on weekend side hustle. Chris and I worked in a first project together and we were able to refinance that property. We almost got our money back and we had this light bulb moment, so we thought of doing it all over again.
Decision to Open up the business
[7:02]
It was a light bulb moment when we were able to complete that value-add project. The first project was pretty monumental. We worked with the first few people that helped us and guide us on financing. Also, our Dad has been extremely helpful and he makes sure that we knew what we were doing. It was when 2010 that we have acquired enough property and we think there was an opportunity to gain some more income.
Significant thing for the Partnership
[10:02]
Probably the advent of getting more employees. It allowed us to free up and do more. We also joined NARPM and it was very influential in helping us grow our property management business.
AJ’s advice to his 25-Year-old self[11:38]
You should be quick to hire people. Learn how people get to do the work for you. The ability to leverage their time and allow you to have more time to do high level things is what I will probably say to my 25-Year-old self.
First Entrepreneurial Endeavor[12:20]
During high school, our golf coach let me take over a ski trip and I ended up making like $2,000 and it was probably more than what I earned in an hourly job. It wasn’t that much work and I have more way fun doing that.
Formal and Informal Training
[14:17]
I felt like I’ve got a lot of formal training. I’ve taken up Masters in Engineering Systems Management and also got a degree on Mechanical Engineering in University of Washington. My informal training comes mostly with our dad. We’ve never been good at hearing “No”. We should have the ability to get things done.
The Deal that Got Away
[16:23]
Most recently we had 40 unit project that kind of got sneaked out. Ultimately, we’re working with another broker and we put in an offer for a certain amount and they pretty much bought it for the same amount. It was sold for less than what our offer was.
Key Quotes:
[15:36-16:00] ‘’Whenever someone says No, our immediate question is like if you can’t do that, then how can we do something very similar to it? It is knowing that there is a way to get it done, because someone else had got it done beforehand.
[11:48-12:06] Learn how to get people do the work for you either by partnership or by paying them. The ability to leverage their time and allow you to have more time to do high level things is the best advice I can give to my 25-Year-old self.”
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas please visit www.uptownpm.com. If you are interested in investing in multifamily syndication please visit www.uptownsyndication.com.
investmentproperties #realestaterecap #undercontract #realestatesuperagent #listings #realtors #investor #motivation #brokers #investments #wholesaleproperties #entrepreneurs #thinkandgrowrich #businessopportunity #earnmore #beyourownboss #additionalincome #propertymanagement #rentals #passiveincome #realestate #portlandpropertymanagment #realtor #income4u #portlandrealestate #landlord #landlording #propertymanagementportlandor #portlandor #realestateinvesting #investinginyou #futurefunding #propertymanager #portlandpropertymanagement #NARPM #NARPMSmart #IREM #multnomahvillagepdx #realestateagent #investment #propertyinvestment #properties #propertyagent #forrent #Leased#brotherwholeftthenest #bigbrotheriswatching #flybirdie #eyeforbusiness
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | https://www.youtube.com/channel/UCiUjoeFertF_hlBUw4J2Tbw
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | https://www.instagram.com/westsideinvestorsnetwork/
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | https://www.facebook.com/WestsideInvestorsNetwork
· Youtube | https://www.youtube.com/channel/UC09eO7-kWaZFvCmGuGf0A8A
Welcome to the first episode of Westside Investors Network.
This is our first episode, which will kick off this journey. You will learn how to become a successful entrepreneur. You will learn how to invest. We will teach you the tools, and we will bring you the stories of great successful investors.
We wanted to start this podcast in the right way, bringing today's guest Jon Shepard, who has been the person who started everything in our family. He instilled in us the knowledge and passion for entrepreneurship, and now we are following in his footsteps.
In this episode, we will know the story of Jon, an entrepreneur who has dedicated himself to real estate doing it successfully. He will talk to us about how he got started in real estate, how to get a great deal, and his strategy behind them. Also, we will learn about the role that taxes play in investments. He will share what his first venture was and much more.
Be part of the beginning and growth of this wonderful podcast. Press play and join us on this journey.
ABOUT JON SHEPARD
Jon Shepard was born in Eugene, lived in Portland. He is a proud father, entrepreneur, and adamant about investing in real estate. He is also a bridge player passionate about sailboats and water.
With over 40 years of career, he has owned more than 34 houses and sells others.
WHAT YOU WILL HEAR
· [0:47] Where it all started: Getting to know Jon Shepard.
· [1:08] Investing time: Jon shares the worst and best property investments he has ever made.
· [5:17] What does a great deal look for Jon, and what's his strategy.
· [6:57] Tax role-play in investing.
· [8:19] Finally free: Jon talks about the moment he quit working.
· [9:58] Jon mentors and partners
· [11:48] Jon advises his 25 years old self.
· [12:14] Jon first entrepreneurial.
· [13:10] Jon real estate Moby Dick, the one that got away.
· [15:02] The importance of agreements in investment.
Key Quotes:
· [11:03] We learn from people around us and others in the business.
· [11:54] Anyone can be a success if they spend less than they make.
· [13:04] You learn, grow, develop and try things if it works, keep doing it but If it doesn't, don't do it.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas please visit www.uptownpm.com. If you are interested in investing in multifamily syndication please visit www.uptownsyndication.com.
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | https://www.youtube.com/channel/UCiUjoeFertF_hlBUw4J2Tbw
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | https://www.instagram.com/westsideinvestorsnetwork/
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | https://www.facebook.com/WestsideInvestorsNetwork
· Youtube | https://www.youtube.com/channel/UC09eO7-kWaZFvCmGuGf0A8A