Real Estate Investing for Cashflow: Recent Episodes
Real Estate Investing For Cash
There are a lot of real estate podcasts out there, most of which focusing on the residential fix and flips or wholesaling, but Kevin Bupp believes there's a smarter way to build wealth. On the Real Estate Investing For Cashflow podcast, you'll learn firsthand how the most successful commercial real estate investors in the world have learned to leverage their multifamily and commercial properties to create a steady stream of passive income. We'll spend time with industry experts who will teach you how to take your Real Estate Investing business to the next level.
Whether you're a brand new Real Estate investor or someone who's looking to make the transition into bigger and more profitable deals, this is the show for you. This is where the BIG BOY RE Investors come to play...ARE YOU READY?
On our show, we'll feature industry experts and discuss topics such as:
Commercial Real Estate Investing
How to get started
Creating Passive Income from CRE
Syndication
Retail Shopping Centers
Office
Self Storage
Industrial
1031 exchanges
Investing via your self directed IRA
Private Lending
How to buy your first commercial property
* And much, much , more
Vince Guzzo is a businessman, entrepreneur, and philanthropist, Vince is a Canadian entrepreneur who currently serves as CEO of Guzzo Cinemas, Guzzo Construction inc., Guzzo Medical, and Guzzo Hospitality. Vince received national attention in 2018 when he joined the cast of the CBC Television business reality shows Dragons' Den as one of the investors. Additionally, Vince’s group is the largest movie operator in Quebec, with 141 screens and 10 locations, and the third-largest in Canada. Quotes: “Movie theatres have been competing with some form of in-home entertainment for about 120 years. At the end of the day, content is king. What does that content cost you? What is your talent in storytelling?” “The deals that I did do, whatever mistake I made, I managed to turn the mistake into a learning lesson and at the end of the day, I don’t regret the bad deals. It’s the ones I didn’t do that I regret.” Highlights: 1:32- Vince talks about his background and how he landed in the cinema space 9:15- Vince talks about if a business owner or idea itself is more important 11:46- Vince shares how COVID has impacted the cinema business 14:47- Vince talks about design changes prompted by COVID 19:08- Vince shares if cinemas have a plan to get people comfortable and excited for theatres again 26:27- Vince talks about how malls are doing in Canada and how that impacts cinemas 33:00- Vince talks about how streaming services have impacted the cinema industry 44:28- Vince shares his most challenging deal and what he learned from it Guest Website: https://www.mrsunshine.com/ Learn About Investment and Partnership Opportunities with Kevin and His Team
Spencer Cullor is a multifamily investor and syndicator. Spencer holds expertise in commercial, multifamily, and residential real estate. He also spent several years as a homebuilder before moving over to the investment side. Using his skills in project management, capital raising, financial analysis, construction, and contract management, he has successfully owned and managed multiple framing crews, has overseen numerous rehabilitations and flips of residential homes, multifamily properties, and started his own property management company specializing in multifamily and commercial properties. Quotes: “When you’re getting started or new to the business, take on mechanical systems that you understand and take on much less risk so you can understand the business side of it. Take on easy projects first and get to know it.” “The most important thing when we were getting started, is we really became a student of the industry. So, really really learn the business from the ground up.” Highlights: 3:41- Spencer talks about his background and how he got into real estate 13:24- Spencer talks about his property management business 22:36- Spencer talks about collections due to the pandemic 26:05- Spencer shares the most challenging deal he’s ever had Guest Website: https://apartmentvestors.com/ Learn About Investment and Partnership Opportunities with Kevin and His Team
Jay Several is a real estate investor and developer. Jay is the Principal of Several Properties Group, a Cherry Hill, NJ-based developer and asset manager of value-add retail properties. Several Properties develops and manages properties in Pennsylvania, New Jersey, and New York. Jay is involved in every aspect of the development process for each property including location logistics and metrics, acquisition, financing, entitlement, leasing, construction, tenant fit-out, and asset management. Since 2007 Mr. Several has been totally responsible for creatively re-developed vacant, obsolete, and abandoned properties into vibrant retail assets valued at over $ 40.0 million. Quotes: “Everything is about relationships. You can feel like you know what you’re doing, but to be able to confirm that, you have to have lots of friends in the industry. People that know you, they know what you can do. And when they have something, they will come to you.” “Listen, watch, and do as much homework as possible. Start small and think big. If you have a lot to lose, put it on the line.” Highlights: 3:38- Jay tells us about his background, how he got into real estate, and what he does 6:13- Jay talks about what point he made the transition from family housing to commercial projects 11:56- Jay shares how he knows he has found a strong candidate 17:30- Jay tells what his typical business model looks like 21:06- Jay gives his opinion on if new opportunities will arise from the pandemic Guest Website: https://www.severalpropertiesgroup.com/ Learn About Investment and Partnership Opportunities with Kevin and His Team
Clayton Morris is a real estate investor and top iTunes podcaster. Clayton is a former FOX News Anchor who left the #1 cable news show in the world after achieving financial freedom through real estate investing. Through his Financial Freedom Academy, Clayton now devotes himself to helping others build passive income and achieve financial freedom like he did using methods he had to learn the hard way. Quotes: “If you’re just getting started, there is a million and one different ways to make money in real estate. Pick one lane, and stick with it. Master it.” “You’re going to make mistakes. There are people that are going to do bad things to you. All of this is part of the learning process. If you know that going into it, that there are going to be speedbumps, and your job is just to plow through them. If you let any one of those little speed bumps get in your way, then you will never get there. If this were easy, then everyone will do it.” Highlights: 5:16- Clayton shares his background and how he transitioned into real estate 9:55- Clayton talks about the progression steps for transitioning into real estate 16:45- Clayton talks about what markets they are focused on with new construction 22:26- Clayton shares what pricing and financing options are available for buyers Guest Website: https://morrisinvest.com/ Learn About Investment and Partnership Opportunities with Kevin and His Team
Brian Carberry is the senior managing director and editor of apartment guide & rent.com. Brian has more than 15 years of experience as a content creator and award-winning journalist and is currently the senior managing editor of Apartment Guide and Rent.com. His work has been featured on CNN, Search Engine Land, Campaign Monitor, and a number of other organizations around the world. Quotes: “If you’re not paying rent, bank that money. Invest it in some way, put it in a CD, whatever you’re going to do, and get a little bit more for a down payment.” “There’s always going to be a risk involved, as everyone knows with investing. Right now, that risk might be slightly higher, but I do think the market is going to rebound. I don’t think we’re always going to see these trends of these hot cities coming down. Just find that level of risk that you’re comfortable with. Whether it’s with investing, or really anything. And if you are comfortable with something, go ahead and do it. Don’t play the what-if game.” Highlights: 4:27- Brian shares about his background and how he got into the real estate space 8:28- Brian talks about trends pertaining to rental rates 14:54- Brian talks about which parts of the country have seen the “boom” 20:44- Brian gives his opinion on if the new shared housing trend will cause an oversupply of rental properties not being utilized Guest Website: www.apartmentguide.com Learn About Investment and Partnership Opportunities with Kevin and His Team
Kyle Herring is a public adjuster and partner at Strategic Claims Consultants. Kyle has nearly 2 decades of experience as a public adjuster and has worked on major disasters across the country. This is one of those topics that a lot of investors don’t think about until disaster strikes. I think we can all agree, owning investment property is a great thing when things are going well, but what happens if your precious investment property sustains major damage or a complete loss? In today’s show, Kyle and I will discuss how to successfully navigate the claims process should you encounter an unfortunate loss to your investment property. Quotes: “100% of the time we can get you more money than your private insurance adjuster can. Just like you wouldn’t send your 1099 to the IRS and ask how much your taxes are, it’s the same with insurance. You need to tell them this is my benefit; this is my claim.” “Don’t be penny-wise and dollar foolish. A few dollars saved on premiums could cost you tens of thousands on the backend whenever you actually need it to come to fruition.” Highlights: 4:00- Kyle shares his background and talks about his firm and what they do 9:50- Kyle tells us what the important aspects are of hiring a public adjuster 15:55- Kyle gives interview tips for hiring and adjustor and tells what red flags you should look for Guest Website: www.strongclaims.com Learn About Investment and Partnership Opportunities with Kevin and His Team
Adrian Washington is the CEO and founder of the neighborhood development company. Adrian has more than 30 years of experience in urban real estate development, construction, and management. Since founding NDC in 1999 he has led the development of over 1 million square feet of real estate in the Washington DC area with an active pipeline of another half-million. NDC is also a partner in the District’s City Center DC project and in Baltimore’s State Center project. From 2005 until early 2007 Adrian took a leave of absence from NDC to serve as the President and CEO of the Anacostia Waterfront Corporation (AWC), which is the entity charged with leading the redevelopment of the city’s Southwest and Anacostia Waterfronts, including Nationals Stadium, the Yards, and the Wharf. Adrian grew up in the city’s Anacostia neighborhood and is a lifelong resident of DC. He is a graduate of Stanford University and Harvard Business School. Quotes: “We like variety from both an economic portfolio balance perspective, but also from an interest perspective. I’ve done this for a while now, I want to have that variety and my team likes different kinds of projects. So, we do for-sale condos, market-rate rental buildings, market-rate commercial buildings, and we also do affordable housing because it’s a good business, but it’s also a good way to give back.” “The supply and demand imbalance, if anything, has gotten worse for the buyer. The prices have gone up tremendously there (single-family homes) and the selling cycle has gotten shorter, and for the condo project we had, the same type of thing." Highlights: 3:24- Adrienne talks about his background and how he made his way into the real estate space 11:03- Adrienne tells us about what he builds to keep and builds to sell 16:09- Adrienne talks about the impact of COVID in the area that he does his business in 19:45- Adrienne tells us about the most rewarding project that he’s ever been a part of Guest Website: https://www.neighborhooddevelopment.com/ Learn About Investment and Partnership Opportunities with Kevin and His Team
Larry Lieberman is the president and founder of the Barrington Group. For more than 40 years, The Barrington Group's company philosophy has been to provide excellent quality maintenance service, good clean, well-manicured grounds, well-prepared apartments, friendly courteous professional staff members, and a genuine real concern for the health, safety, and well-being of their residents. The Barrington Group believes in long-term ownership. They do not “build and sell” or “flip” their properties; in fact, they still own and manage most of their original portfolio. An excerpt from their website, which I think will provide some additional context to the type of company Barrington is - “We know our residents, they know us…. we strive to have the same staff at a property year after year. Our residents are not subject to “new management” with changing rules and fewer quality standards. Because we are long-term owners, we must pay attention to keeping our properties in excellent physical condition…. to prevent them from aging… we spend considerable resources on keeping our properties beautiful. Quotes: “There were companies out buying everything in sight, but we couldn’t compete because we wanted cash flow absent of the tax benefits. We weren’t players. We weren’t out building and developing and buying because we couldn’t compete with the tax credit mentality.” “The basic components that we adhered to, to turn properties around in the ’60s, was I believe in giving a good, well maintained and clean apartment for a reasonable price. And for which, I expect my rent, and I expect it on time. We adhere to that, and we’ll do our part first so that you’ll do your part second.” Highlights: 5:22- Larry tells us about his background and how he found his way into real estate 13:39- Larry shares how prior to 1987 he kept from falling into the trap of bad deals due to inflation 18:53- Larry tells us about changes in his property management style that helped him manage his business more efficiently in the 60s after acquiring 2000 assets 21:23- Larry shares the struggles he has faced in his career and how he has overcome them 27:04- Larry tells us how he makes determinations in large rehab projects as to not over renovate 30:40- Larry talks about the best-valued lifestyle commodities in communities 32:27- Larry tells us about shifts and changes he’s made due to COVID Guest Website: http://www.bgiapartments.com/ Learn About Investment and Partnership Opportunities with Kevin and His Team