Multifamily Investing Made Simple: Recent Episodes
Anthony Vicino and Dan Krueger
Join us each week as Anthony Vicino and Dan Krueger of Invictus Capital take the complexity out of multifamily investing so you can start taking action today.Every episode of Multifamily Investing Made Simple is designed to provide passive and active investors alike with the knowledge, confidence, and competence to get out there, make deals, and achieve financial freedom through the powerful investment vehicle of multifamily real estate.Whether we're breaking down seemingly complex real estate concepts, interviewing titans of the industry to learn from their successes and failures, or just offering plain old bad investing advice, you're sure to learn something (and have some fun in the process)!.
Nobody said real estate investing was easy... in fact, we've always said that it's no walk in the park.
We always warn new operators of the perils of real estate investing. The risks are high... but the rewards are oh-so-sweet.
When you invest in real estate you can break the bank and win big, but all too often the bank breaks you and you end up broke.
In this week's episode, Dan and Anthony list off the top 6 ways that real estate investors go broke. And it's easier than you might think!
How long can you afford to bleed money? What's the bare minimum of cash flow that you can afford in property? How well do you assess risks?
Find out on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"Insufficient cash flow I think is probably one of the top reasons a real estate investor is likely to go broke." – Anthony Vicino
"I hate losing money. and sleep. I like money and sleep and I don't wanna lose either." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
As General Partners, it's pretty rare for us to get questions that we haven't heard before. And there are definitely questions that you, an investor, need to be asking your GP. Because there are things that your GP may not be telling you.
This isn't to say that they are withholding information... only that there are important answers to some difficult questions.
For example... what happens when you die? No... not if there's an afterlife or anything like that. But seriously, what happens if the GP dies? What would happen to the asset? Is there a plan in place if, god forbid, something terrible were to happen to the General Partner?
These are difficult questions. And more often than not, a GP will not lead with these questions in their pitch. But as difficult as they are, it's essential that you ask them.
So, what are 3 things your GP isn't telling you?
Find out on this week's episode of Multifamily Investing Made Simple!
Tweetable Quotes:
"I don't hear anybody really asking this question on the bigger syndications, where there's maybe like six groups and you're like... what happens if they die?" – Anthony Vicino
"You can regulate it without it [crypto] being centralized. I think the problem is the assets themselves are fine. It's the firms who you're trusting to transact on your behalf. Those are the bad actors." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
First impressions are important when you're in real estate. So you have to make them count.
You might think that your watch or car could give a certain impression, but really... it's much more than that. Wearing luxury brands doesn't necessarily make someone more impressive or serious.
And owning an expensive car doesn't necessarily mean you are more successful or influential.
It's about the impression you make with the people you meet and with whom you do business.
So, how do you dress for success, and make the right impression in real estate investing?
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
The most important thing you need to remember about investing... or just making money in general... is that it's not about what you make, it's about what you keep.
And with that in mind, here are the most expensive mistakes you can make when investing in real estate.
1) Investing in the wrong people. This could be your partner, your employee(s), your property management team, your operators, etc.
2) Cutting corners. There are a lot of ways, tempting ways, to cut corners and save profit. But more often than not, you're creating a headache for your future self.
3) Location. Location, location, location. You can fix a property, but you can't fix a neighborhood.
Let's dive deeper into each of these on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
For today’s episode, we will be discussing contrarian investing and what it means to go left when everybody else is going right... Why you should zig instead of zag.
We will be going over a framework for understanding and looking at the world for navigating changes. What works today won't necessarily work tomorrow.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
One of the most popular ways for people to get into real estate investing is the fix and flip method. AKA BRRRR...
Buy, Rehab, Rent, Refinance, and Repeat.
You go and purchase a single family home, fix'er up, rent it out to a tenant, refinance, and then you do it all over again. Now let's take that method and apply it to apartment buildings.
Tweetable Quotes:
“I think that some people try to take kind of a binary approach thing where they're either passive or active. It's like you could do both have a little bit of both, do whatever, do whatever you enjoy the most, and whatever brings you the most joy.” – Dan Kreuger
“if you only ever actively invest in yourself and you don't set the systems to start passively investing, then you're always going to be an active investor.” – Anthony Vicino
"Yeah, but understand that passive investing isn't the fastest route to financial freedom, nirvana, or whatever, like active investing." – Anthony Vicino
"the last step says very clearly repeat, which means you go and you do the same thing again" – Dan Kreuger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Is the short-term rental market crashing?
No.
Will it crash?
Nah... probably not. "Crash" is a pretty harsh word.
But, it might be heading that way. The short-term rental market is suffocating itself. Yes, it's booming right now. But like any new market, it eventually balances out.
So, what does the future of the short-term rental market look like?
We will probably see the market's growth slow over the next few years. It all depends on how fast the government moves towards regulation and legislation.
And we all know how fast the government moves...
Tweetable Quotes:
"We stay in multifamily because it's a proven, time-tested, resource that everybody needs." – Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Return projections can be a fickle thing. There is a lot that goes into them... data, figures, numbers... and they're almost always wrong.
However, here are the 3 things that you NEED to know about return projections.
Returns almost never...scratch that... returns NEVER meet expectations. A proforma is, at it's most basic level, just a guess into the future. Even the most finely tuned budget in the world is... really just a best guess.
But knowing these 3 things can help you make a more accurate guess.
1) Interest Only Periods
2) Winter
3)Uh-oh's
So, what do we mean by this? How do winters effect your return projections? What is an uh-oh?
Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Which is better? To be lucky in real estate investing? Or to be good at real estate investing?
Maybe both?
We have heard about Anthony's first real estate investment, the house-hacking triplex. It appreciated about $125,000 in just 9 months.
He's a genius real estate investor, right?
Well, I asked him... did you just get lucky? What if the furnace kicked? Or the roof caved in? Did you have the reserves to fix any major projects?
While he did have some reserves ready to go, he also got lucky. The neighborhood was appreciating, and therefore his property was growing in value. So...
When it comes to real estate investing, especially in your first few deals... how much luck is involved?
What can you do to mitigate your risks so you're not relying on all of that good luck?
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
This week Dan and Anthony are going to play a real estate investing trivia game. Real estate investing Jeopardy!
There are 3 categories... Multifamily, Passive Investing Made Simple, and General Real Estate Investing.
We thought it would be fun to put their knowledge on real estate to the test. You might be surprised by this trivia... Dan and Anthony sure were.
So, who comes out on top? Who is the winner of real estate investing Jeopardy?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Let's hit the reset button discuss how to start all over from ZERO. How we go from scratch... back to a $70,000,000 real estate portfolio.
We will go over the principles of making money and creating a flexible lifestyle from the beginning.
Tweetable Quotes:
"the one thing I would do is start calling people, going on meetings, and getting into the rooms with the people that are operating where I want to be operating" - Dan Kreuger
"I got to start from ground zero, the first thing I'm probably doing is moving in with my parents or somebody close." - Anthony Vicino
"so the first part of that for me would be getting the cash flow machine going that I can then use to dump into the real estate" - Anthony Vicino***
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Today, we're talking about why having the right tech is key for managing rental properties.
From software for screening tenants and handling maintenance to listing apartments on Facebook Marketplace, we’ve got you covered.
We’ll also share some virtual tools like video tours that took off during the pandemic. Plus, if you're hunting for new tech, we've got some solid picks like Notion and Microsoft's GPT.
Tune in and get the best tools to boost your portfolio!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Finances are the back bone of any deal, and they can make or break your deal. So it's important you have your finances structured properly.
And when we say finances, we're talking about both sides, both debt and equity. Your mortgage from the bank, and any capital that you need to raise.
So, how can finances kill your deal?
From unforeseen loan qualifications to a lacking network, it can be very difficult for new investors to properly structure the financing of their deals.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
How do you know if you are ready to scale your real estate investing?
Do you have a triplex or a quad, and you're thinking about scaling up to a 10 unit? How do you scale up from a 50 unit to a 100 unit building?
In this episode, hosts Anthony and Dan discuss how to know when you're ready to scale up your real estate portfolio. They share their personal experiences with scaling quickly and the importance of having systems and processes in place before expanding.
How do you manage your new properties? Are you raising the capital yourself?
Tune into this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes, for valuable insights on how to successfully grow your real estate business.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Today is your lucky day... you're inheriting a $10M real estate portfolio.
Lets say an estranged uncle of yours has passed away, and you're the next of kin. He has left you his entire $10M real estate portfolio... what now?
One of the first things you need to do is decide if you want to be involved in real estate at all. Looking at a $10M portfolio, depending on the class and doing some estimation here... that's about 70-100 units. That's quite a lot of units and residents to manage, especially if you have ZERO interest in real estate.
So, naturally you sell it right? Well if you do this, there are certain tax implications you'll want to keep in mind. Well, what if you want to keep it? Are the properties already being properly managed? What kind of work will be required of you, the new owner?
Whether you want to sell it, or keep it... your life just a got a bit more complicated. So, what do you do if you inherit a $10M Real Estate Portfolio?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Almost every business decision is a difficult one... there's a lot of thought that needs to go into them.
But... that's a cop-out. We want to talk about the most difficult decision we've ever had to make, here at Invictus Capital.
It can be so hard to move separate ways from a coworker, or an employee. What may have once started out as a great working relationship has now grown in opposing directions. Maybe that person doesn't fit the company culture anymore. Maybe your values no longer align.
Whatever the reason... letting someone go, or even mutually agreeing on going separate ways, is never an easy decision to make, and certainly not an easy conversation to have.
But it may be necessary to grow your business in the direction that you want.
So, what is the most difficult business decision that we've ever had to make?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Navigating today's debt market is like trying to navigate the wild west. And if you're like us, and you've been doing any deals this year... you know just how crazy its gotten.
Lenders are coming back with completely new terms, just as you were getting ready to close. They're more stringent than ever on terms not just for new deals, but previous deals as well. Rate changes, ridiculously low LTVs, they're pulling out all the wild cards.
So how do you navigate today's debt market when you're investing in real estate? Find out on today's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Can you buy the dip when it comes to real estate investing?
For those of you who aren't familiar, buying the dip simply means getting in while prices are low. The economy is suffering so stock prices are down. You buy the stock at that cheaper price and wait for it to go back up to sell.
Right now a lot of people are positioning themselves for the recession. This is a time for caution... but also opportunity.
The best investors out there will recommend utilizing times of economic uncertainty to invest and get in while things are low and slow. That way, when the economy picks back up again, you stand to make a pretty sizable profit.
Now of course, risks MUST be assessed and mitigated. But here's the question you might be wondering? Can you buy the dip in real estate?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 1o Minutes.
Tweetable Quotes:
"In the last five years, there's really been no incentive for a seller to offer any kind of creative financing solution." – Anthony Vicino
"That's the great thing about this asset class is it's a cash flowing machine, why would you want to sell?" – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
We made it! 300 episodes of Multifamily Investing Made Simple. That's a LOT of episodes, and while we are right 99% of the time... we may have gotten some things wrong in the past.
John Maynard Keynes said, "when facts change, I change my mind". We've been doing this podcast for quite a while now, and the facts have changed on certain topics.
So, in this episode, Dan and Anthony look back on 300 episodes, and... reluctantly... see where they were wrong about real estate investing. It's not a lot.
Thank you to all of you who support this show. We hope you have learned something, and that maybe... just maybe, we've made multifamily investing... simple!
Tweetable Quotes:
"It's important that things are simple, but not too simple. There comes a point where if you oversimplify you lose the resolution necessary to be able to make out what the picture clearly is." – Anthony Vicino
"Focus on the stuff that you understand extremely well and put all your time and energy into that." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
How do you increase the revenue of your rental property?
Well, you could raise the rent... that's pretty obvious though. In this episode, Dan dives into 10 ways to increase the revenue of your property.
This is a really important question that every operator has to ask themselves. Because you're not only increasing your cash flow, you're actually increasing the value of your property.
It's a win-win situation.
Another area people tend to overlook, is cutting expenses. Sometimes the dollar you were looking to make... is actually a dollar you can save.
So, what are 10+ ways to increase the revenue of your property?
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Multifamily real estate is a lot of work for active investors. You're going to be dealing with tenants, termites, and toilets.
So, is the juice worth the squeeze? Are the returns worth all the hard work and effort?
According to Tyler Cauble... it's not. Tyler runs a great YouTube channel (@TylerCauble), and he's doing some really interesting things over in Tennessee. But he says multifamily real estate is dead, and here's why:
1) Too much competition.
2) There aren't enough value-add deals to go around anymore.
3) Rates are high.
4) Returns aren't currently worth the risk.
Is he wrong? Do we agree with him? Is multifamily real estate investing worth the squeeze? Grab a glass of lemonade and enjoy this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
We get this question a LOT. What is the difference between a syndication and a joint venture?
It's an important question, because the answer could help save your deal, your investors, and yourself!
When structuring a deal, the best way to tell if a syndication or if a joint venture will work is to use the Howey Test.
This can help determine whether a deal should be classified as a joint venture or a syndication. But you have to be careful, because there are potential consequences of not following these rules.
We cannot emphasize enough the importance of being aware of the legal requirements in order to protect oneself and one's investors in the event of any issues or disputes.
So, what is the difference between a syndication and a joint venture?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes.
Happy New Year! We hope everyone has a good holiday. Tune in next week to hear Dan and Anthony's best plan to get started in real estate investing in 2023.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
We did it... we solved this country's latest economic crisis... inflation.
This week we're taking a look at the latest real estate headlines, both local and national, and giving our tepid takes on some hot news.
Minneapolis recently became the first major metro area to drop below the Fed's target rate of 2%, we're now sitting at 1.8%. Is it all thanks to low income housing?
The office space in commercial real estate may be dead, but there was a quarter billion dollar deal brokered in Minneapolis last week. The RBC Gateway building, the city's latest skyscraper, sold last week to Spear Street Capital.
Manhattan's rent is getting out of control.
There's a lot to unpack on this week's Tepid Takes.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
In this episode of Multifamily Investing Made Simple, we're diving into how AI is changing real estate investing.
We'll explore AI's potential in property management through virtual assistants and its use of smart algorithms to forecast market trends and find profitable investments.
We'll also tackle some challenges of relying on AI in real estate, like the need for better regulations and its impact on jobs.
Overall, this episode gives a clear picture of how AI is shaping the future of real estate investing and how investors can get ahead.
"AI is set to transform real estate investing with virtual assistants and predictive algorithms."
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
How does an investor think? How do they think about money? The key is they always see an opportunity.
Let's break this down into two concepts...
1) The time value of money.
2) Opportunity costs.
These concepts are essential to the thought process of any successful investor.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
It may sound like clickbait, but it is possible to achieve infinite returns through real estate. BUT you've got to to make sure you're using strategic approaches.
There's always potential pitfalls when seeking infinite returns through 100% financing... not to worry, there's a more prudent and low-risk alternative: cash-out refinancing.
This strategy can lead to an entirely derisked investment, provide ongoing cash flow, and unlock a tax-efficient way to grow your real estate portfolio.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Sure, numbers don't lie... but we can make them say whatever we want them to.
In today's episode, we're going to dive into how operators can use data to portray WHATEVER they want. And how they can do it in a way that might even be legal.
Look, we've all heard cases of operators that are inflating their figures to influence either investors or the banks. And what they're doing is not just morally wrong, it's ILLEGAL.
But what a lot of investors don't know, especially when they're new, is that operators can portray their track records in a way that is much more favorable than it might actually be. And technically, they're not lying.
So, how do sneaky operators make the numbers work for them?
Find out in this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
As General Partners, it's pretty rare for us to get questions that we haven't heard before. And there are definitely questions that you, an investor, need to be asking your GP. Because there are things that your GP may not be telling you.
This isn't to say that they are withholding information... only that there are important answers to some difficult questions.
For example... what happens when you die? . Seriously, what happens if the GP dies? What would happen to the asset? Is there a plan in place if something terrible were to happen to the General Partner?
These are difficult questions. And more often than not, a GP will not lead with these questions in their pitch. But as difficult as they are, it's essential that you ask them.
So, what are 3 things your GP isn't telling you?
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
When is the right time to sell?
Well the correct answer just so happens to be the most ANNOYING answer.
It depends.
And of course it does, right? The right time to sell depends on a multitude of factors. And totally depends on your situation.
But don't worry, we're going to give you an answer. In this episode of Multifamily Investing Made Simple, Dan and Anthony are going to list the conditions that are best when it's time for you to sell.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
There's a concerning trend in the multifamily real estate industry - the rise of syndicators raising substantial capital for deals without prior experience.
As advocates for responsible investing, we delve into the potential difficulties and challenges that can arise from diving headfirst into large real estate deals without first starting small and gradually building their skillset.
With the current mindset of "bigger is better" promoted by some coaches, many new operators are finding out why this doesn't work... the hard way.
So join us as we address the dangers of solely relying on theory and educational platforms that charge exorbitant fees to teach everything about syndication.
This is everything WRONG with the current commercial real estate market.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Is there a certain property that keeps you up a night? An opportunity that you passed on and now you'll never forgive yourself?
Don't worry... we know your pain.
Every real estate investor has that ONE deal that they turned away, and then they regret it for the rest of their lives.
In today's episode, Dan and Anthony are going to reach deep down, and talk about some of their most painful real estate memories. The deal that got away...
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
If you see any of these in a potential real estate deal... RUN AWAY.
Look, when it comes to a deal, we're not afraid to get our hands dirty. If property needs a new boiler... no problem. But there are certain red flags in a deal that we WILL NOT touch.
Perpetual Vacancy.
When you see perpetual vacancy in a building, you should be scared. Now, it could just be a case of poor management, but when you're in an area like us with high demand... there's probably a reason those units are remaining vacant. Skip that deal.
Zero Parking Solutions.
If the property you're looking at has no parking... not even street parking... forget about it.
Reputational Damage.
Make sure you know who you're buying from. Your reputation is going to be effected just by doing business with that person. If the seller has a certain reputation, either in the industry or with their residents... that's going to follow you.
Cap Ex Budgeting.
Alright, this is the big one. Obviously you need to make sure you have a thorough understanding of all the cap ex items in this deal. Boilers, roofs, plumbing, wiring... it can add up FAST. It doesn't have to turn you off of the deal, but you need to know what you're dealing with.
So, if you see these red flags in a deal... RUN AWAY.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
If you are thinking of investing in real estate you NEED to listen to this episode.
We always say that investing in real estate can be easy... and it is. But, sometimes it can be a lot more costly than you imagined.
There are many hidden costs of investing in real estate that new investors don't know about.
So, in this episode, Dan and Anthony are going to give you a breakdown of all the hidden expenses that come with investing in real estate... both from the passive investor perspective and the operator perspective.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
There are a TON of different assets within real estate... which one is riskiest?
In this episode, Anthony is going to break down 4 of the biggest asset classes that make up real estate:
Office Space
Single Family
Multifamily
Industrial
These 4 asset classes are constantly making headlines. There's a lot to breakdown when it comes to their risk/reward profile. But there is a clear line between the riskiest and LEAST risky real estate asset class.
And we know... we're multifamily real estate investors... but don't worry! We do our best to stay unbiased here in these rankings. You might be surprised to hear what gets ranked first.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Development is out and conversions are the new black. At least according to the recent numbers.
We're coming into this episode lukewarm with another series of tepid-takes. But a big topic in this episode revolves around the month to month decline in new multifamily developments...
But there's an ever growing trend of office space conversion into multifamily units. People have to live somewhere... and if you aren't going to build new buildings, might as well convert an old one.
It's important to remember to look at the bigger picture. There are so many sensational articles being put out everyday on the current state of the market. But a month to month decline in developments is not going to be the best indication of a market's status. So this news could be nothing...
We also cover the recent real estate drama surrounding Elon Musk and Twitter. What do you do if a billion dollar company doesn't pay their rent...
Find out on this week's episode of Multifamily Investing Made Simple!
Tweetable Quotes:
"Here's a secret, guys... The check's never in the mail."– Anthony Vicino
"There are a bunch of projects that have been going on while interest rates have been rising. But as new projects are about to start, a lot of developers are saying, hey, no, this doesn't pencil." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
A desperate seller is a dangerous seller... so can you tell when a real estate seller is desperate to get rid of their property?
In this episode, Dan and Anthony will list the top red flags that you, a buyer, need to keep an eye out for when purchasing a property.
A desperate seller will do everything they can and pull out all of their tricks to offload their property onto an unsuspected buyer. Here's what you need to look out for...
Keep an eye out for clingy sellers... if they're giving you a call everyday checking in on your interest... there might be something up.
Watch out for super flexible sellers... if they're flexible on the price and the timing... what motivation is there for them to sell?
There are many red flags that you need to keep watch for, so listen in and let us know if you've ever had a run in with a desperate seller.
Tweetable Quotes:
"I think one of my favorite quotes is that diversification is a hedge against ignorance."– Anthony Vicino
"So you don't want to get too hyper focused on one thing and just get too focused. You've gotta look at big picture and micro. . Look at it all." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
The tax benefits of real estate investing are one of it's most attractive aspects. And we've spoken about these benefits many times... but... how much do passive investors benefit?
In the last week we hit an Apple Podcast Review milestone, and we were pretty excited about it... until we saw the most recent review.
It wasn't our typical 5 star review... but they did bring up a good point! In one of our previous episodes, we discussed the tax benefits of real estate investing and how depreciation played a role in those benefits.
The person who left the review brought up a good point that we didn't cover... depreciation recapture.
So, in this episode, to get that 5 star review, we are going to discuss depreciation recapture and how much passive investors actually benefit from the tax incentives of real estate investing.
Tweetable Quotes:
"You'll hear people talking about how the tax benefits are are fantastic, but in reality, if you're a passive investor, they're good, but they're not fantastic."– Anthony Vicino
"We are not CPAs and so we specifically talk high level about concepts and we don't get into the nitty gritty." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
The real estate market might be scaring off some people with interest rates on the rise... But there financing opportunities out there that we haven't seen in over a decade.
We're talking about creative financing in real estate deals. Specifically, two types of financing: contract for deed and seller carryback.
Contract for deed involves purchasing a property directly from the seller without involving a bank, while seller carryback is any type of financing involving traditional methods and the seller carrying back a note.
And if you're interested in creative financing, we highly recommend reading "Creative Cash" by Bill Hamm.
So if you're a real estate investor, tune in and explore these financing options. Because you might not get a chance to explore them for another 10 years...
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
New investors face numerous obstacles when starting their real estate journey.
Challenges can range from financial issues and lack of education to simply not knowing the right people. The process can seem daunting, as real estate investing is often misunderstood and overcomplicated.
While it's not easy, it doesn't have to be overly complicated. However, you will encounter several hurdles when you first start.
In this episode, Dan and Anthony will share what they believe are the BIGGEST obstacles you’ll face at the beginning of your investing journey.
Tweetable Quotes:
"A lot of people assume it’s beyond them. The hardest first step is believing you can get involved." – Anthony Vicino
"New investors often think that if they find the deal, money will just show up." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
As a real estate investor, wouldn't you want the larger share of the equity split? Who wouldn’t want 90% of the returns in a 90/10 split, right?
However, there's more to consider when it comes to equity splits. While a 90/10 split looks great on paper, there are some red flags to watch out for.
So you might be wondering... how could a 70/30 or even a 60/40 split be more profitable than taking 90% of the profits?
Find out the answers and more on this week’s episode of Multifamily Investing Made Simple, all in under 10 minutes.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
We've got a special treat for you on this episode... a guest!
One of our dear friends, investor, and fellow entrepreneur...Gino Fronti.
Gino is a man who's investment portfolio is spread wide from real estate to luxury cars. You name it... this man has invested in it.
So, why would a guy who has invested in red Ferraris and $100,000 watches invest in multifamily real estate in Minnesota?
It's because he's investing in the jockey, not the horse. In this episode we discuss what is truly important when it comes to real estate investing.
The operators, and the experience they provide.
How do you provide a 5-star experience as operators in real estate, and how do you market your brand against others?
Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
You can't save your way to wealth.
We've all been taught the importance of saving money...save so you can eventually retire and live off your savings.
But that strategy doesn't work anymore.
Maybe it did in the past, but times have changed. Saving alone isn't enough now. Even high-yield savings accounts barely keep up with inflation. That's the bad news. The good news is...
You can make your money work for you. Here's how.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
If real estate is your first investment, reconsider.
Real estate can be great, but if you're new to investing, start with these areas to set yourself up for success:
- Self-Awareness: Know your strengths and weaknesses. Focus on what you excel at and partner with others for the rest.
- Education: Learn continuously. Read books, listen to podcasts, and watch videos in your area of interest. Emulate successful strategies.
- Networking: Build a strong network. It's vital for every aspect of real estate—from raising capital to property management and more.
Invest in these areas first. Once you've gained these skills and connections, you'll be ready to dive into real estate.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
If you are thinking of investing in real estate you NEED to listen to this episode.
We always say that investing in real estate can be easy... and it is. But, sometimes it can be a lot more costly than you imagined.
There are many hidden costs of investing in real estate that new investors don't know about.
So, in this episode, Dan and Anthony are going to give you a breakdown of all the hidden expenses that come with investing in real estate... both from the passive investor perspective and the operator perspective.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
If you are thinking of investing in real estate you NEED to listen to this episode.
We always say that investing in real estate can be easy... and it is. But, sometimes it can be a lot more costly than you imagined.
There are many hidden costs of investing in real estate that new investors don't know about.
So, in this episode, Dan and Anthony are going to give you a breakdown of all the hidden expenses that come with investing in real estate... both from the passive investor perspective and the operator perspective.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
If you are thinking of investing in real estate you NEED to listen to this episode.
We always say that investing in real estate can be easy... and it is. But, sometimes it can be a lot more costly than you imagined.
There are many hidden costs of investing in real estate that new investors don't know about.
So, in this episode, Dan and Anthony are going to give you a breakdown of all the hidden expenses that come with investing in real estate... both from the passive investor perspective and the operator perspective.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
We did it... we solved this country's latest economic crisis... inflation.
This week we're taking a look at the latest real estate headlines, both local and national, and giving our tepid takes on some hot news.
Minneapolis recently became the first major metro area to drop below the Fed's target rate of 2%, we're now sitting at 1.8%. Is it all thanks to low income housing?
The office space in commercial real estate may be dead, but there was a quarter billion dollar deal brokered in Minneapolis last week. The RBC Gateway building, the city's latest skyscraper, sold last week to Spear Street Capital.
Manhattan's rent is getting out of control.
There's a lot to unpack on this week's Tepid Takes.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
The most important thing to remember about investing—or making money in general—is that it's not about what you make, but what you keep.
With that in mind, here are the most expensive mistakes you can make when investing in real estate:
- Investing in the Wrong People: This includes your partners, employees, property management team, and operators. Surround yourself with the right people to succeed.
- Cutting Corners: Tempting as it may be to save costs, cutting corners often leads to bigger headaches down the road. Invest in quality to avoid future issues.
- Ignoring Location: Location, location, location. You can fix a property, but you can't fix a neighborhood.
Let's dive deeper into each of these on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
The Fed raised the interest rates once again. They also noted that it's likely they'll continue to raise the rate to combat inflation.
But does it matter? Eh... not really.
There's a LOT of talk around interest rates. In fact, it seems like that's the only thing that anybody talks about these days. Rates are rising... the Fed just raised the rates... when are rates going to come back down... etc.
And sure, lower rates can mean better deals. But with the way the Feds are raising rates now, and the amount at which they're raising them, it doesn't have THAT much of an effect.
At least not compared to what we saw a year ago. Right now it's more important to focus on optionality than interest rates.
Tune in to this episode if you want to learn more.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Navigating today's debt market is like wandering through the wild west – it's pretty unpredictable.
And if you're anything like us, knee-deep in deals this year, you know just how crazy it's gotten.
Lenders are throwing curveballs left and right with brand-new terms, right when you're about to seal the deal.
They're tightening the screws more than ever, not just on new deals but also on ones you've already inked.
With rates flipping all over the place and ridiculously low LTVs, they're really shaking things up.
So, how do you handle today's debt market, especially in real estate? Well, tune in to today's episode of Multifamily Investing Made Simple, and we'll fill you in.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
We have always said that if you want to invest in real estate, you should find your niche.
Find something specific, a market that you can corner... and then be the best at it. The more niche, the better!
So, we wanted to give you all the weirdest, most niche, niches in real estate investing.
It doesn't get more niche than luxury doomsday bunkers... but did you know you can purchase air rights in downtown spaces?
Listen in to this week's episode of Multifamily Investing Made Simple to dive deep into the weirdest corners of real estate investing.
Who knows... you just might find your next venture.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Here is the biggest lie that operators will tell you. AUM. Assets under management.
We always hear operators stretch, twist, expand, and contort this number in every single way possible. It's an important metric for us. It's the total market value of our assets that we manage.
But here's the tricky part... the definition, the very formula to get your AUM, changes person by person. So one operator's AUM may look very different than another's, based on how they're valuing their assets.
And because of this lack of uniformed definition, many operators will take advantage of you by inflating their AUM stats.
In most cases, operators that do this... aren't technically doing anything illegal... but it's definitely questionable, and sets a bad example for their transparency.
A lot of new investors and operators fall prey to this tactic, they want to seem legit, so they will boast HUGE AUM numbers.
The only way to weed your way through these kind of operators... is to simply ask more questions. What questions exactly?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
First and foremost... we don't like the term "financial freedom".
It's overused and abstract. Our definition of financial freedom could be vastly different from yours.
Regardless of what term you use... financial freedom... post money... etc. How do you get to place where your money is making money for you? That place where you can ditch your W-2, or quit working all together.
The answer... Cash-Flow.
But more importantly... what does your life look like once you get to that point? Will you be truly happy?
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
The commercial real estate market is crashing... and we don't care.
Right now, if you look at any headline in real estate news, all you see is talk about the commercial real estate market crash. Whether it's impending, or we're in the midst... either way it's all a bit sensationalized.
Commercial Real Estate is such a broad term. It's an umbrella that covers A LOT of asset classes, multifamily included. But not many people think about apartment buildings when you hear "commercial".
In fact, some people are very confused when we say commercial real estate and they later find out our niche is multifamily. This is part of the problem with these sensational headlines.
There is some turbulence within in the market right now, but it's mostly contained to office-space, and there's very little chance that it will have a ripple effect on to other asset classes.
In this episode, we quickly discuss the current macro state of the market, and dive into the problem areas on a more micro level.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Real estate is the investment medium that has made more millionaires than any other medium in the investing world. Many of you already know this.
But that fact can get people so excited to jump right into the real estate investing world... without realizing they're building themselves a business, or at least a job.
You can't just go out and accumulate properties and then hire a 3rd party property management, and expect all of the work to be out of your hands. So, what can you expect? How do you know if it's right for you?
Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Today, we explore why a robust tech stack is essential for managing rental properties effectively.
We'll discuss various software solutions for handling tenant screening, maintenance requests, and listing apartments on platforms like Facebook Marketplace.
We also highlight virtual tools that gained popularity during the pandemic, such as video walkthroughs and virtual tours.
If you're looking for a new tech tool, we've got you covered with top recommendations. From Notion to Microsoft's GPT, we suggest tools to help you enhance your portfolio. Tune in and start optimizing your rental management with the latest tech tools!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
How might a black belt in jiu jitsu benefit you in real estate investing?
In this episode of Multifamily Investing Made Simple, Dan and Anthony explore how skills from other disciplines can enhance your real estate investing journey.
Discover the top 6 skills you need to master to become an outstanding real estate investor, along with a few bonus skills.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
How would you define wealth? Do you often look at people like Elon Musk and Bill Gates, and think... "I'll never be as wealthy as them?".
Well, that's setting quite a high bar... why compare yourself and your wealth to somebody like that? Why compare yourself to anybody at all when defining your wealth?
Wealth should be defined by the gap between your expenses and your income. The bigger the gap, the more comfortable someone lives.
So...how big do you want that gap?
All of this and more on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"Wealth is a ratio between what you make and what you spend." – Anthony Vicino
"High income does not equate to wealth." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
If you're just starting to invest in real estate, you're probably going to start with something small, right? Unless you're Grant Cardone... Starting small is a great way to dip your toes into the water, before wading into the deep-end.
Just like how single family homes are a great way to start investing into real estate.
What do you do when you're ready to make that transistion, and start getting involved in commercial multifamily real estate? What are the differences?
Here are the three key things you need to know: First, banks pay more attention to the personal situation of first-time borrowers than seasoned real estate investors. This means first-time borrowers should temper their expectations for their first deal and be prepared for close scrutiny.
Second, multifamily transactions are unlike single-family transactions. You'll be negotiating with one broker who represents both sides, leading to some awkwardness.
Third, managing a multifamily property requires a different system than managing a single-family home. Having a system in place is crucial for success.
So if you're looking to move into commercial real estate, keep these differences in mind and don't forget to do your research.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Real estate investing is known as one of the most stable and risk averse investments you can make. And investing in a DST might be the safest one out there.
BUT... there are some drawbacks to DST's. Especially when you compare them to a syndicate.
Why invest in something that literally caps your returns?? Sure they're guaranteed but typically, a DST only offers something around 4%.
And when you factor in inflation... you might actually be losing money there.
So, when you compare the pros and cons... how do DST's compare to Syndicates? Find out on this episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
What if you had one day to spend with the world's billionaires? You, Zuck, Bezos, Buffett, Musk, and others are just chilling by the hot tub and they give you a masterclass on how they became billionaires.
Well, we are going to distill this make-believe scenario, and give you our top 3 lessons that we've learned from billionaires! These lessons have helped us amass over $50 million in real estate investment assets over the last 3 years. And guess what?! They're much more simple than you would think! So what are these golden nugget lessons?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 1o Minutes.
LEAVE A REVIEW if you liked this episode!!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Here are habits that can help make you a millionaire.
I know... a little clickbaity... but implementing these habits into your life will, at the very least, improve your life drastically. And at the very best... make you a millionaire.
2 years ago, we released an episode titled "8 Millionaire Habits", and we listed 8 habits of ours that helped us get to where we are today. Well, a lot has happened in the last 2 years.
So, in today's episode, we're going to revisit this list and add to it... maybe even subtract from it. Here are 8+ millionaire making habits that you can start working on today.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Suddenly you don't have access to Zillow, you cant use Realtor.com... the entire internet is out!! How are you going to find the next building you are going to purchase?! Where is the next deal going to come from?!
In this episode, Dan and Anthony are going to explain the best way to find off-market deals. More importantly, how to create off-market deals. They might not be easy to find, but they might be easy to make! How?!
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes.
LEAVE A REVIEW if you liked this episode!!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Don't $h*# where you eat... especially when it comes to real estate investing. In today's episode, Dan and Anthony discuss the pros and cons of house hacking.
For those of you who don't know, Anthony started his journey in real estate investing by house hacking a triplex. He lived in one of the three units, alongside his residents. But did he regret letting his fellow residents know that he actually owned the building?
You might find yourself fixing a toilet... or two.
So, should you $#!% where you eat in real estate investing?
Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"Bernie Madoff, I think a lot of people were betting on that jockey, and that jockey did not work out. No one looked at the horse. There was no horse." -Anthony Vicino
"When people ask me how to start, I usually tell 'em two things. One, you can partner with somebody, just get a rental property that you don't live in. It's a great way to get started. And the other way is house hacking." - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
If real estate is on your list... you're wrong.
While real estate is a great investment, if you're just getting started in it, or in investing in general, you may want to pump the brakes a bit. There are several other areas that you can invest in to better set yourself up for success.
And they all begin with you.
Yeah, it's a little cheesy. But investing in yourself is the best investment you can make. And these are the top 3 ways that you can do that.
First, self awareness. This is THE superpower that you want to hone. Understanding how you work, your strengths and weaknesses, is key to finding success. If you're great with numbers, but terrible with people... that's totally fine. Go out and find someone who is a marketing wizard. Don't try and be that guy or gal that does it all.
Second, education. We can't state this enough, but you need to invest in your education. Now, this doesn't mean you have to go get some form of higher education. It's a lot more simple than that. Go out and find as many books, podcasts, and YouTube videos on whatever it is you're looking to accomplish. And don't be afraid to copy from those who are successful. If it worked for them, it can work for you.
Third, network. Your network in real estate is tool belt. You will need it for EVERYTHING. Raising capital, managing properties, repairs, value-add, leasing, legal work, accounting... literally everything you can think of can be made so much easier with the right network. And we mentioned it before, but finding a great partner(s) is going to be key.
Once you've invested in these 3 things, collect on those returns and get started in real estate.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
There are many obstacles that new investors face when they begin their real estate investing journey.
Anything from finances, education, to simply just not knowing the right people. It can be very daunting for people to start investing. Real estate investing is misunderstood, and people tend to overcomplicate the process.
That's not to say that it's easy... because it's not. It just doesn't have to be complicated.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Investing in multifamily real estate is our niche, it's our specialty.
So, let's breakdown why you SHOULDN'T be investing in it:
As with any investment... you could lose all of your money. Now, there's a lot that we do to mitigate this on our end as operators. We bring in inspectors to look over a property from top to bottom. In addition, we come into our deals very well capitalized. So if any issues were to arise, we wouldn't be caught with our pants down.
We also only look for deals that are cash-flow positive from day 1. We want to hit the ground running when we close on a deal. It's honestly pretty difficult to lose all of your money in a multifamily investment, as a passive investor.
The real trouble comes from your operator. So make sure that you heavily vet your operator(s) before you invest with them.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
So, you're purchasing your first investment property... and there's some work that needs to be done.
If you want to get your rent up to the comp's in the area, you're going to need to add some value to the property, or the units.
You can update the kitchen or bathroom. Maybe you need to replace the carpet? Or you might just need to fix that leaky faucet.
You might be thinking... "Hey, I'm pretty handy. I bet I could do all of this myself". Well, that might be true, but is it worth it? When is it truly cheaper to DIY a value-add project? Or should you just hire out and get the project done fast?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes!
Tweetable Quotes:
"You're gonna learn some valuable skills that can serve you in the future as you're hiring out to vendors and whatnot. But you're not going to be able to scale that way."– Anthony Vicino
"There is an argument to be made that DIY is a really great way to get started, because it changes the risk profile. It's less capital outta your pocket." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Sure, numbers don't lie... but we can make them say whatever we want them to.
In today's episode, we're going to dive into how operators can use data to portray WHATEVER they want. And how they can do it in a way that might even be legal.
Look, we've all heard cases of operators that are inflating their figures to influence either investors or the banks. And what they're doing is not just morally wrong, it's ILLEGAL.
But what a lot of investors don't know, especially when they're new, is that operators can portray their track records in a way that is much more favorable than it might actually be. And technically, they're not lying.
So, how do sneaky operators make the numbers work for them?
Find out in this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
What's the ultimate shortcut to raking in cash in real estate?
Before we dive in, let's ponder: Is fast money in real estate even a thing? It's not as straightforward as it sounds.
Sure, you can score quick bucks in real estate. But here's the catch...
If your goal is lightning-fast profits, owning property might not be your best bet.
Sounds paradoxical, right? Let's unpack that.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Let's say you only have 10 minutes to make on offer on an investment property. DON'T make that offer... but let's say that you have to make an offer.
What is all of the information that you need in order to make a quick, educated offer? What exactly do you need to know? What information can be averaged out?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"My very first question to somebody would be like, where is this thing?" -Anthony Vicino
"First thing I want is the rent roll." - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Can you buy the dip when it comes to real estate investing?
For those of you who aren't familiar, buying the dip simply means getting in while prices are low. The economy is suffering so stock prices are down. You buy the stock at that cheaper price and wait for it to go back up to sell.
Right now a lot of people are positioning themselves for the recession. This is a time for caution... but also opportunity.
The best investors out there will recommend utilizing times of economic uncertainty to invest and get in while things are low and slow. That way, when the economy picks back up again, you stand to make a pretty sizable profit.
Now of course, risks MUST be assessed and mitigated. But here's the question you might be wondering? Can you buy the dip in real estate?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 1o Minutes.
Tweetable Quotes:
"In the last five years, there's really been no incentive for a seller to offer any kind of creative financing solution." – Anthony Vicino
"That's the great thing about this asset class is it's a cash flowing machine, why would you want to sell?" – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Today is your lucky day... you're inheriting a $10M real estate portfolio.
Lets say an estranged uncle of yours has passed away, and you're the next of kin. He has left you his entire $10M real estate portfolio... what now?
One of the first things you need to do is decide if you want to be involved in real estate at all. Looking at a $10M portfolio, depending on the class and doing some estimation here... that's about 70-100 units. That's quite a lot of units and residents to manage, especially if you have ZERO interest in real estate.
So, naturally you sell it right? Well if you do this, there are certain tax implications you'll want to keep in mind. Well, what if you want to keep it? Are the properties already being properly managed? What kind of work will be required of you, the new owner?
Whether you want to sell it, or keep it... your life just a got a bit more complicated. So, what do you do if you inherit a $10M Real Estate Portfolio?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes.
Tweetable Quotes:
"If you're listening to this and you're in the situation and you're like, what do I do with this? Talk to your CPA and try and figure out how maybe the 1031 could actually help." – Anthony Vicino
"I'd say keep it. Let it ride. Get the cash flow. Use it as an asset. You can extract equity through a refi at some point." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
The tax benefits of real estate investing are one of it's most attractive aspects. And we've spoken about these benefits many times... but... how much do passive investors benefit?
In one of our previous episodes, we discussed the tax benefits of real estate investing and how depreciation played a role in those benefits.
But there's a drawback to these benefits that doesn't get discussed enough... depreciation recapture.
Let's dive into depreciation recapture and how much passive investors actually benefit from the tax incentives of real estate investing.
Tweetable Quotes:
"You'll hear people talking about how the tax benefits are are fantastic, but in reality, if you're a passive investor, they're good, but they're not fantastic."– Anthony Vicino
"We are not CPAs and so we specifically talk high level about concepts and we don't get into the nitty gritty." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
We look at A LOT of properties before we eventually get one under contract. They say you look at 100 deals before you actually close on one of them. And they're right... there's a lot of numbers flying around all at once. But the most important data figure... the valuation.
So, how do you QUICKLY find the value of all those properties? How do you decide which one to go with? We have the golden formula that will allow you to do some fast, back of the napkin math.
All you need is the NOI and Cap-rate to find the value of a property? How? Find out on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"One of the most important lessons that I've ever learned, was that a dollar saved is worth more than a dollar earned." - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
It's freaky Friday! Well, it's actually Saturday, but this episode was actually recorded on Friday. In this freaky episode, the world has turned upside down, cats and dogs are friends, and Dan is in charge of marketing while Anthony is leading the finances!
We're going to explore this alternate universe here... how would it work? What if Anthony was the math-man in charge of the spread sheets, and Dan was running around creating social media posts and marketing materials?
It might not be that bad actually...
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"Everybody loves a spreadsheet, right? Like everybody loves data? No." -Anthony Vicino
"It's almost impossible for one person to be good at all the aspects of any business, right?" - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Thinking back on our $70M + real estate portfolio... what was the best investment we ever made?
Well, it's not a physical asset, or a building.
No, the best investment that ANYONE can make, is their education. And I know... we've talked about this a lot. But it comes to us time and time again. New investors who are eager to jump into the game, without even knowing what the game is.
So, how do you invest in yourself? And how do you get the biggest returns on that investment?
Find out on this episode of Multifamily Investing Made Simple, In Under 10 Minutes.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Nobody said real estate investing was easy... in fact, we've always said that it's no walk in the park.
We always warn new operators of the perils of real estate investing. The risks are high... but the rewards are oh-so-sweet.
When you invest in real estate you can break the bank and win big, but all too often the bank breaks you and you end up broke.
In this week's episode, Dan and Anthony list off the top 6 ways that real estate investors go broke. And it's easier than you might think!
How long can you afford to bleed money? What's the bare minimum of cash flow that you can afford in property? How well do you assess risks?
Find out on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"Insufficient cash flow I think is probably one of the top reasons a real estate investor is likely to go broke." – Anthony Vicino
"I hate losing money. and sleep. I like money and sleep and I don't wanna lose either." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Is there a certain property that keeps you up a night? An opportunity that you passed on and now you'll never forgive yourself?
Don't worry... we know your pain.
Every real estate investor has that ONE deal that they turned away, and then they regret it for the rest of their lives.
In today's episode, Dan and Anthony are going to reach deep down, and talk about some of their most painful real estate memories. The deal that got away...
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
On paper, vacancy seems like a simple concept. Are there people living in your units?
But it's a little bit more complicated than just that. There are two types of vacancy... Physical and Economic. Now obviously, you don't want either. But, is one worse than the other?
First let's breakdown the difference between the two:
Physical vacancy is a term that most are familiar with. It's when your unit(s) are physically vacant. Meaning nobody is living there and paying rent.
Economic vacancy is a little bit more dangerous because it often catches people off-guard. In this situation, you DO have people living in the units, but you're not collecting rent from them, for whatever reason. They could be refusing to pay until something is fixed. They could be constantly asking for an extension. Or they could just be flat out dodging your calls and letters.
When you're looking to purchase a property, one of the first things you're going to want to look at is the building's vacancy. And there are several ways to find out exactly what the situation is, and if it's a hot mess that you want to avoid.
So check out this week's episode of Multifamily Investing Made Simple, where we make vacancy simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
We get this question a LOT. What is the difference between a syndication and a joint venture?
It's an important question, because the answer could help save your deal, your investors, and yourself!
When structuring a deal, the best way to tell if a syndication or if a joint venture will work is to use the Howey Test. This can help determine whether a deal should be classified as a joint venture or a syndication. But you have to be careful, because there are potential consequences of not following these rules.
We cannot emphasize enough the importance of being aware of the legal requirements in order to protect oneself and one's investors in the event of any issues or disputes.
So, what is the difference between a syndication and a joint venture?
Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Every industry has annoying trends.
There's always somebody out there... doing something that just gets to you. Something that really gets under your skin.
For today's episode, we just need to vent. So here's what grinds our gears.
Operators that churn through deals REALLY quickly, just so they can juice up their IRR's.
Find out more on this episode of Multifamily Investing Made Simple, In Under 10 Minutes.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
If you want to invest in real estate, but you don't have $50K to invest in a syndication... where do you turn?
A lot of new investors are looking at crowdfunded real estate investing platforms, like Fundrise...
But not a lot of those investors know the risks involved when investing with these platforms.
On the surface, they seem like a good idea. Who wouldn't want 12% returns on their investments? But that 12% doesn't include the massive amounts of fees included, not to mention the additional tax costs.
So, before you throw any money into a crowdfunded real estate investment, you should know the risks involved.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
When is the right time to sell?
Well the correct answer just so happens to be the most ANNOYING answer.
It depends. The right time to sell depends on a multitude of factors.
When we underwrite our deals, we factor a hold period for 7 years. And honestly, if after 7 years the asset is still a strong cash-flowing building... why sell? But 7 years may be too long for you, or maybe it's not enough time... either way, we'll help you determine how long you should hold an asset for.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
A lot of new investors come to us with this question... Should I get my brokerage license to help with real estate investing?
There's a lot of misinformation around this question. Some people are under the impression that you HAVE to have your brokerage license to practice real estate investing. This is simply not true. In fact... you probably shouldn't get it in the first place...
There are a couple of reasons why... The first, golden handcuffs. A lot of people get their licenses, hoping to gain knowledge of the industry before they become investors. Makes sense, right? The problem is they get stuck, that capital they make often does not end up being invested, and they have to sell more to keep up with their new lifestyle, and the cycle continues.
Another great reason to avoid your license when investing in real estate... legal hoops. If you thought that getting your brokerage license would lead you to some treasure trove of off-market deals... think again. There are A LOT more legal hoops you have to jump through when approaching a seller as a broker.
Now, this isn't to say that having your real estate license is pointless, not at all. Only that you certainly don't need it to invest in real estate, and it might even hinder you in ways that you hadn't thought of.
Want to know all of the reasons NOT to get your real estate license?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes.
LEAVE A REVIEW if you liked this episode!!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Today we dive into the importance of having a strong tech stack for managing rental properties.
From software that handles screening and maintenance requests to listing apartments on Facebook Marketplace, we cover it all.
Plus, we shared some virtual tools that have become more popular during the pandemic, like video walkthroughs and virtual tours.
And if you're in the market for a new tech tool, we've got you covered there too. Whether it's Notion or Microsoft's GPT, we've got some great suggestions for you. So be sure to tune in and start building your portfolio with the best tech tools out there.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
If you're just starting to invest in real estate, you're probably going to start with something small, right?
Starting small is a great way to dip your toes into the water, before wading into the deep-end. Just like how single family homes are a great way to start investing into real estate.
What do you do when you're ready to make that transistion, and start getting involved in commercial multifamily real estate? What are the differences?
Here are the three key things you need to know:
First, banks pay more attention to the personal situation of first-time borrowers than seasoned real estate investors. This means first-time borrowers should temper their expectations for their first deal and be prepared for close scrutiny.
Second, multifamily transactions are unlike single-family transactions. You'll be negotiating with one broker who represents both sides, leading to some awkwardness.
Third, managing a multifamily property requires a different system than managing a single-family home. Having a system in place is crucial for success.
So if you're looking to move into commercial real estate, keep these differences in mind and don't forget to do your research.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Over the last 3 years, every deal that we have done has been off-market. These off-market deals can be one of the key factors that will set you apart from other real estate investors.
These deals are going to give you MUCH better terms which will give you and your investors better returns. You can negotiate below market prices. You can get creative with the finances, like securing seller financing. The opportunities are endless.
The tricky part... you gotta know where to look for them. Because you're not going to find these deals on Zillow, Realtor.com, or anywhere online... they wouldn't be "off-market" if you could.
The best way to find those secret, juicy deals is through networking. How? Find out on this episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Real estate is a long term game. If you're looking for a quick buck, you'd do better looking elsewhere. So while it's not a get rich quick game, it is a get rich for sure game.
And the best way to do that is to play long term games with long term people. This Naval quote can be broken down into 2 parts, the game, and the people.
Billionaires, people who are immensely successful in their industries, are constantly playing the long game. They are able to look at the industry and see its future. And then to play that game, they have to play with teammates. And these teammates need to be in it for the long haul.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Multifamily real estate investing is NOT going to get you rich quick. This is a long term game, for long term players.
While you won't get rich quick... you will get rich for sure. And you don't need a lot of money to get things started. So, what is the smallest investment you can make in real estate?
In today's episode we're going to discuss if it's possible to start real estate investing with as little as $100. Can we turn that $100 into $100M? Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
As seasoned real estate investors, we understand the stigma attached to our industry, and it can be daunting if you're new to it.
Watch this quick rundown into the complexities of being labeled as "evil" and why that may be.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
New to real estate investing? This one's for you!
Our mission: Simplify multifamily real estate with a top 10 list—10 mistakes to avoid for a smooth start.
Discover the secrets to finding the perfect partner, negotiating with your brain (not your ego!), setting realistic cash-flow expectations, and understanding the cost of your learning curve.
Tune in to this week's episode of Multifamily Investing Made Simple.
Don't forget to leave a review if you enjoyed the insights!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
In this episode, prepare for an emotionally charged discussion as we delve into the controversial topic of why real estate investing may be perceived as problematic.
As real estate investors, we recognize the weight of the label, and we're here to unpack the implications and perspectives surrounding the notion of being associated with the term "evil."
Let's explore what this really means in the world of real estate investing.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Ready for a quick dive into the essentials of our latest Multifamily Investing Made Simple episode?
We know your time is precious and that's why we've cooked up a condensed version of our latest video, focusing on the key challenges in closing a multifamily deal.
Curious about the hurdles whether it's the bank, unexpected repairs, or the quest for the perfect deal?
Tune in to our bite-sized episode now.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Whether you're into house-hacking or investing in a quad to build property equity, you're in for a treat.
With over 300 episodes under our belt, we've shared bits about our first properties.
Today, we're not beating a dead horse but offering valuable insights for those eyeing their first investment property.
Join us as we dive into the thought process behind our initial real estate deal—what were we thinking? Were we truly prepared?
And the intriguing question: If we could turn back time, what would we change about our first properties?
Don't miss this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
What is the biggest hurdle you need to get over to close a multifamily deal?
The bank, right? The bank is such a big partner in any deal. And depending on the bank you work with, it can be a very smooth ordeal... or it can be a nightmare.
That's not the biggest hurdle though... it's definitely hidden cap-ex costs. The building you just bought needs a new roof, and suddenly the wiring isn't working.
Actually, hold on... the biggest hurdle is simply finding the deal... or wait, finding the capital for your deal.
Obviously, there are a ton of hurdles that you're going to need to jump when you're tying to close a multifamily deal. It's a good thing Anthony ran track in high school. So what's the hardest part, and how do you get jump all of these hurdles smoothly?
Find out on this episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Which is better? To be lucky in real estate investing? Or to be good at real estate investing?
Maybe both?
We have heard about Anthony's first real estate investment, the house-hacking triplex. It appreciated about $125,000 in just 9 months.
He's a genius real estate investor, right?
Well, I asked him... did you just get lucky? What if the furnace kicked? Or the roof caved in? Did you have the reserves to fix any major projects?
While he did have some reserves ready to go, he also got lucky. The neighborhood was appreciating, and therefore his property was growing in value. So...
When it comes to real estate investing, especially in your first few deals... how much luck is involved?
What can you do to mitigate your risks so you're not relying on all of that good luck?
Find out on this week's bonus episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Given the choice, would you rather invest in a luxury, new-build apartment building... or a 20+ year old, nothing really special, c-class building?
Here's why we don't invest in class-A properties...
For us, the answer is easy. We're going c-class every time. Why? Because that's our niche. We know value-add multifamily best. Our asset class has so much room for potential, we know how to go in there, add value, bring rents to market rates, increase the profitability of the asset, and then refinance at the most opportune moment.
On top of that... this asset class provides greater returns, recession-proof cash flow, and a whole lot more.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
For today’s episode, we will be discussing contrarian investing and what it means to go left when everybody else is going right... Why you should zig instead of zag.
We will be going over a framework for understanding and looking at the world for navigating changes. What works today won't necessarily work tomorrow.
[00:01 – 08:38] Bad Investing Tip Of The Day: "If it ain't broke, don't fix it"
[08:39 – 12:12] Successful Contrarian Investing
[12:13 – 17:10] Balance Leads to Excess and Excess Leads to Balance
[17:11 – 27:28] The Affordability Index
[27:29 – 32:15] Why You Should Read Books About Economics
Book Recommendation:
Basic Economics by Thomas Sowell
“No matter how good you think you are at a thing. Remain humble, remain open, and always be learning" – Dan Kreuger
"The only constant in the universe is changing, right? That's the only thing we can really rely on is that things are going to change in the future." – Anthony Vicino
"A city allows for people to focus in specifically on what they're doing rather than trying to do everything at once." – Anthony Vicino
"If you stop innovating, you're not just going to cease to grow, you're actually going to shrink because other people who are innovating are going to steal your market share and you are going to go out of business" – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
This week we're going over human behavior. More specifically, taking a look at different types of people and what separates them apart from one another. Those who save... and those who don't?
Can you save your way to wealth? NO.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"I think that a lot of people are just kind of saving because they just don't really know what to do and they'd rather save their money in the bank than do something that they don't understand " - Dan Kreuger
"the poor spend, the middle class save and the rich invest" - Anthony Vicino
"Whether you're investing in real estate, we like real estate because it's a real asset that doesn't lose its value in the same way. Like, you can't just print another building" - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Today's topic has come up in multiple conversations recently... Loan Assumptions.
This week we're going over why you would or would not want to pay off a loan that is not under your name. This is more important than ever in today's market.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"Usually someone has some incentive to do it, otherwise, it wouldn't happen" - Dan Kreuger
"That's why you hear us harp on this on the show as well. We always say you've got to match the right debt with the deal you're doing" - Dan Kreuger
"If I could leave you with one thing to walk away from this episode with is never going into a deal until you know how you're going to get out and don't go into any deal if it only has one way out." - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
The new year is here and it has brought some new... unsettling... questions for the real estate market. It seems like just a few weeks ago everyone was in high spirits about the debt market and interest rates. And now... we're a little unsure of what's in store for this year.
No need to panic though, because we have the answers (or at least OUR answers) to the most pressing real estate questions facing 2024. Here's what we cover in this video:
1) Are major US cities declining in population?
2) When will we see the Fed shift gears on interest rates?
3) Will there be an avalanche of distressed assets this year?
4) Do other, more alternative, asset classes have as much resilience as before?
5) Will there be a recession in the US this year?
6) Has multifamily construction reached it's peak?
7) Industrial demand is slowing, will rents decline?
8) Consumer debt is on the rise, what does this mean for retail?
9) Is high-end office space a safe space?
10) When will capital markets go back to "normal"?
Let us know what you think, or if you have any different answers from ours!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Wouldn't it be great if there was a really black and white, quantitative way of being able to forecast the value of the property?
One of the best aspects of investing in multifamily properties is the ability to force appreciation... But what does that mean?
In this episode, Dan is going to break down forced appreciation, what it is, how it works, and even use an example property to walk us through the process.
Here's a breakdown of the video:
00:00 - 00:30 Intro
00:30 - 02:12 Forced Appreciation
02:13 - 08:36 Deal Breakdown
08:37 - 09:48 Closing
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
One of the most popular ways for people to get into real estate investing is the fix and flip method. AKA BRRRR...
Buy, Rehab, Rent, Refinance, and Repeat.
You go and purchase a single family home, fix'er up, rent it out to a tenant, refinance, and then you do it all over again. Now let's take that method and apply it to apartment buildings.
Tweetable Quotes:
“I think that some people try to take kind of a binary approach thing where they're either passive or active. It's like you could do both have a little bit of both, do whatever, do whatever you enjoy the most, and whatever brings you the most joy.” – Dan Kreuger
“if you only ever actively invest in yourself and you don't set the systems to start passively investing, then you're always going to be an active investor.” – Anthony Vicino
"Yeah, but understand that passive investing isn't the fastest route to financial freedom, nirvana, or whatever, like active investing." – Anthony Vicino
"the last step says very clearly repeat, which means you go and you do the same thing again" – Dan Kreuger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Who has more risk... the limited partners or the general partners?
Investing in real estate as an active investor can have some significant risks involved. Luckily, there's a way to invest in real estate, reap the benefits, and have very little risk involved.
The answer... a real estate syndication. But who is responsible for what? Who brings the money in? Who has their name on the loan? Who stands to lose the most?
Find out all of this and more on this week's episode of Multifamily Investing Made Simple, in under 10 minutes.
Tweetable Quotes:
"Unless you have any kind of partners, you would be doing all the work, doing all the things. Now in a syndication, we divide these things." - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Is there a way to tell if someone is a real estate investor... just by looking at them?
Probably not... But I bet you could have a conversation with someone and tell if they invest in real estate without it ever being mentioned.
In this episode, Dan and Anthony are going to break down tell-tale signs of real estate investors. So, tell me you invest in real estate...without telling me you invest in real estate.
All of this and more on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"I've got a copy of my personal financial statement saved on my desktop."– Anthony Vicino
"I got a guy for that because real estate investors, they got a guy for everything." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Let's dive into the critical insights and predictions for 2024 - a year poised at the cusp of transformation and turbulence in the economic, real estate, and tech arenas. From the potential risks faced by investors, to the mysterious play of market forces, and even the speculative world of alien activities - we've got everything predicted for next year.
In 6 months we're going to come back and see how right... or wrong... we were about the interest rates, real estate market, and crypto's rise.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Embrace the Winter Slowdown: let's discuss the challenges of the slower winter months in the apartment world and how to make the best use of this time.
-
Utilize the slow period for cleanup and interior projects, such as decluttering storage areas and painting common spaces.
-
Be proactive in servicing essential systems like boilers to prevent inconvenient and costly breakdowns during the colder months.
-
Exercise caution with vendor bids—beware of unrealistically low offers and prioritize quality over cost when it comes to crucial property maintenance.
Tune in for more valuable insights and strategies to make the most of the winter season in real estate investing and property management.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
What type of investor are you?
Are you getting close to retirement and getting a bit more risk averse? Are you just starting out in your investing career and hungry to grow your capital stack as quickly as possible? Or are you somewhere between the two extremes?
Maybe you're like us and looking for opportunities generating solid cashflow, but that also have great appreciation on the back-end?
Not really sure which bucket you fall into? No worries, we're here to help you answer this most important of questions.
As Sir Terry Pratchett said, "If you don't know where you're going, you're probably going wrong."
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
It may sound like clickbait, but it is possible to achieve infinite returns through real estate. BUT you've got to to make sure you're using strategic approaches.
There's always potential pitfalls when seeking infinite returns through 100% financing... not to worry, there's a more prudent and low-risk alternative: cash-out refinancing.
This strategy can lead to an entirely derisked investment, provide ongoing cash flow, and unlock a tax-efficient way to grow your real estate portfolio.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
In this episode, let's discuss the types of returns you can expect in an apartment syndication.
From the comparative annual returns in real estate to the low returns of government bonds and the higher risk of the stock market, the numbers speak for themselves. Real estate offers substantial returns with a risk profile comparable to safer options.
So, whether it's value-add syndications or class A investments, the potential for impressive returns is real. If you're looking to make your money work harder, real estate might just be your golden ticket.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
As we're approaching the end of 2023, we're nearing everyone's favorite holiday... Tax Season.
So, this is an opportune time to revisit one of real estate investing's greatest qualities... the tax benefits. Because when it comes to wealth creation, it's not about what you make, it's about what you keep. And depreciation is a great vehicle to offset passive income.
Also, as a side note... this is more relevant than ever, as the rules governing bonus depreciation have changed so that investors can only take advantage of 60% that bonus depreciation in the first year of a deal. And next year it will only be 40%, then 20%, and then 0%...
What does this all mean, and how does depreciation save you money? Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
In this episode... we're coming at you with some takes that are NOT tepid... we've actually got some hot takes for you all today.
Here's what we're covering today...
Real estate investors are optimistic about the future, according to a survey done recently. What does that mean for deal flow?
Congress is introducing a bill that would prevent hedge funds from purchasing and owning single family homes.
Barbara Corcoran, from Shark Tank, has some pretty lackluster real estate investing advice.
And The S&P 500 has a diamond in the rough... real estate.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Let's breakdown the difference in investing philosophies that new investors have and that old school investors have. Specifically with how they handle their Cap-Ex and Op-Ex (capital expenditure and operational expenses).
Generally, your Cap-Ex is going to consist of one time payments, like a new roof, or replacing a boiler. And your Op-Ex is going to consist of reoccurring expenses, like insurance, utilities, smaller repairs, etc.
Here's where new and old investors differ... new investors want to add value and amortize a lot of the cap-ex costs over the life of a deal. They're worried about monthly cashflow for their investors.
Where as older investors, who may not even have any LPs in the deal, want to tack on as many of those costs into their Op-Ex budget as possible.
Why? Which way is better? Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
How does an investor think? How do they think about money? The key is they always see an opportunity.
Let's break this down into two concepts...
1) The time value of money.
2) Opportunity costs.
These concepts are essential to the thought process of any successful investor.
Tweetable Quotes:
"The main concept here is that a dollar today is worth more than a dollar tomorrow." - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
There's a lot to breakdown this week in our (hopefully yours too) favorite segment...Tepid Takes.
We've got some tepid takes on the recent headlines in real estate investing today. And the biggest, probably even warmest take... is on BlackRock.
Recently, BlackRock made their highest investment into real estate funds. The last time they made an investment near this amount was back in 2020, so it's got us wondering... do they see something coming that we don't?
Also, Bed Bath & Beyond box stores are now apparently the hottest commodity on the market... so there's that.
Let's dive into all of this and more, on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Sad news this week as legendary investor, Charlie Munger, passed away at the age of 99.
For those who aren't familiar, Charlie Munger was partner to Warren Buffett. The two had been working together for ages, and Warren often referred to his wisdom in their partnership.
This hit us pretty hard as we've always looked at his wisdom and philosophy for guidance in the world of investing. His application of mental models are still something we use everyday. He truly was one of the most brilliant investors of our time.
RIP Charlie Munger.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Let's hit the reset button discuss how to start all over from ZERO. How we go from scratch... back to a $70,000,000 real estate portfolio.
We will go over the principles of making money and creating a flexible lifestyle from the beginning.
Tweetable Quotes:
"the one thing I would do is start calling people, going on meetings, and getting into the rooms with the people that are operating where I want to be operating" - Dan Kreuger
"I got to start from ground zero, the first thing I'm probably doing is moving in with my parents or somebody close." - Anthony Vicino
"so the first part of that for me would be getting the cash flow machine going that I can then use to dump into the real estate" - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Today, we're going to answer a tough question... does age matter in real estate investing?
Age doesn't have to be a hindrance: Whether you're young and brimming with energy, or older with a lifetime of experience, age shouldn't limit your real estate ambitions. It's all about finding the right balance and leveraging your strengths.
Partnerships are key: Young and lacking experience? Find a seasoned partner. Older and looking to hustle less? Team up with a driven young investor. Partnerships can help bridge the gaps and create a winning combination in real estate ventures.
Know yourself: Self-awareness is key. Understand your strengths and weaknesses. If you're not cut out for swinging a hammer, consider alternative strategies such as turnkey properties. Knowing yourself empowers smart decision-making in real estate.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Real estate investing is one of the greatest ways to generate wealth. But... it's not a get rich quick game, it's a get rich over a long period of time kind of game.
However, now that we've been in this game for a bit, we've got the top 3 hacks that you can use to start generating wealth through real estate investing.
1) The secret to networking.
2) Vetting operators and asking the RIGHT question.
3) As for operations... take the outside-in approach.
Let's dive deeper into these and more on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Why don't we raise debt, instead of equity? This is a weird question... As an operator, what's more valuable...
Your debt terms or the equity you raise?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"It's risky for us as the operators to put that much in, but it's also theoretically risky from the debt." -Anthony Vicino
"The debt is the largest part of the cap stack, but then we'll typically have, you know, another 25% in equity." - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
The most important thing you need to remember about investing... or just making money in general... is that it's not about what you make, it's about what you keep.
And with that in mind, here are the most expensive mistakes you can make when investing in real estate.
1) Investing in the wrong people. This could be your partner, your employee(s), your property management team, your operators, etc.
2) Cutting corners. There are a lot of ways, tempting ways, to cut corners and save profit. But more often than not, you're creating a headache for your future self.
3) Location. Location, location, location. You can fix a property, but you can't fix a neighborhood.
Let's dive deeper into each of these on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Our luck hasn't been the best this year. We've had not one, not two, but three fires at our properties. Two of them were at the same building, within a few months of each other.
Luckily, this latest fire was very small and quickly contained, and the damage only added up to a little over $1000. But the same can't be said for the earlier fire. That building was condemned and is currently going through the rehab phase.
It's easy to think that this can never happen to you, but it will. So here are the 3 steps you need to take when there's a fire at your investment property.
1) Take Care of the Resident.
2) Call Your Insurance.
3) Find a Mediator.
Let's dive deeper into these in this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Growing your real estate portfolio can be really hard. And there are often a few misconceptions when it comes to the amount of work required.
People often underestimate the amount of work it takes to BUILD your portfolio...
And then they overestimate the amount of work it takes to MAINTAIN your portfolio.
There is a murky middle area that you don't want to get stuck in. Where you're not putting in enough work to actually grow your portfolio, and you're putting in too much work to simply maintain it.
This middle area is kind of a death zone for a lot of real estate operators. It's very easy to get burned out because you won't see the results you're looking for. You'll eventually run out of energy.
But...
If you allocate your energy properly, in both the building and maintaining stages, you can scale your portfolio fast!
So, how do you build a real estate portfolio?
Find out on this week's bonus episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
We did it... we closed a deal in today's wacky market. And it was NOT easy.
In this episode, we're going to breakdown the timeline of our most recent deal that we closed on just a few weeks ago. What we initially thought was only going to take 30-60 days, ended up taking 4+ months. We faced negotiations, renegotiations, and then renegotiating those renegotiations.
We're not going to sugar coat it. It's tough out there. So, if you're in the middle of a deal right now, or you're planning on getting into one... this is just a little taste of what you can expect, and how we were able to navigate the current debt market to close on our latest multifamily deal.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
The great Ken McElroy has spoken. He has projected what the top 5 issues the market will face in 2024 are.
And... we think he's missed on a few of them. Let's break them down:
-Cost of Debt.
-Unemployment.
-Renter Nation.
-Maturing Debt.
-Cap Rates.
Find out where we differ on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
So what the heck is a cap rate?
If you're looking at multifamily deals, you've probably heard this term and today we're going to unpack exactly what the heck a cap rate is and how to calculate it.
Don't forget to check out this bonus episode on YouTube, Dan uses his handy spreadsheets throughout the video, so you'll definitely want to see that!
So... what is a cap rate?
Find out, in another bonus episode of Multifamily Investing Made Simple!
Tweetable Quotes:
"What we want to illustrate here is how big of an impact the cap rate actually has on the value of a property" - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
After you've decided that you want to invest in real estate, you know how much you want to invest and you have your investment parameters defined... the next step is finding an operator that works for YOU.
And while this is not an easy process, we've broken it down into five simple things that you need to look for.
Personality - Does their personality mesh well with yours? Are they relaxed or straight-laced? How do they communicate, and how often? The best way to do determine if an operator's personality works with yours is to hop on a call with them and pick their brain.
Track Record - This one is obvious, but you're going to want to see an operator's track record before investing. And if they're hesitant to show you, that's a red flag. Now, not every operator has a record, they might be new to the game. But that's a risk you need to be aware of before you invest.
The Team - Find out about their operations and see if they have a dream team. This is going to consist of bankers, CPA's, lawyers, the operators themselves, and most importantly the property management.
Education - We don't necessarily mean a traditional education here. What we mean is that you want someone who has experience or knowledge of their market.
Trustworthiness - This one is hard to define because it's different for everyone. But it's the most important trait to look for. You are putting a lot of trust in an operator when you invest with them, so make sure YOU feel comfortable with every aspect of the process.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Investing in real estate is a lot less complicated than it seems.
Here are 5 Simple Truths that we have found on our journey to success. Over the last 3 years, we have acquired over $70 million of commercial real estate, and we owe it all to this...
Consistency, discipline, self-control, accelerated timelines, and curiosity.
These 5 things are our simple ingredients that combine to create the complex dish that is Success. So let's dive deeper into what these actually mean.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Raising capital is one of the many hurdles any operator is going to have to jump over when investing in real estate.
Even if you find a slam dunk deal, a once in a lifetime opportunity, it may still be a struggle for you to find the capital and investors to finance your deal. So don't make it any more difficult on yourself and avoid these things...
Be cautious about borrowing from the wrong sources:
We discuss the risks of taking money from unreliable or high-interest sources like credit cards. While some successful individuals have used credit cards or unconventional methods to get started, it's important to evaluate the potential risks and have a solid plan for repayment in place.
Stay away from borrowing from friends and family:
While there may be instances where borrowing from loved ones seems like a viable option, it often brings emotional and relational risks. Friends and family members may not fully understand the investment and could face financial difficulties if things don't go as planned. It's best to consider other alternatives or explore private lending options from experienced investors.
Avoid relying on illiquid investments for immediate financial needs:
Real estate investments should generally be approached with a long-term perspective. If you anticipate needing the invested funds in the near future for living expenses or other short-term commitments, it's advisable to reconsider your strategy. Real estate is an asset class that thrives with time, so patience is key.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
There's a lot to cover in real estate news this week...
The case against Grant Cardone has been dropped. Airbnb's CEO is looking at overhauling the company to combat major losses, what does this mean for the future of the short term rental market? And there's a potential distressed real estate bubble on the rise. What happens if it pops?
We've got some lukewarm, tepid takes for all of this and more on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Over the past month or so, there has been a 300% increase in the search rate of the term HELOC. I've seen article after article pushing the HELOC as THE way to finance your investment properties in today's economy.
A home equity line right now could really come back to bite you in the butt. Rates are high, and probably only going to go higher. And you're going to be paying a rate 200+ basis points higher then that. Right now that means you're going to be looking at 10%...
We're not saying you should never use a HELOC, we've used it before successfully. It's a great way to quickly fix and flip a property. But if you're looking to use it for a long term investment, there are much better options out there. The fact that it's becoming such a craze right now... just doesn't make sense.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Rates are high and they're getting higher. Deals are dropping left and right. But... in the end, do rates really matter all that much?
Over the past few years we were spoiled. REALLY spoiled. Rates were 2-3%, and deals were flowing. Today, rates are 7% and climbing. This is stopping a lot of people in the industry right now.
But it's not stopping us... here's why!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Do it, do it yourself, and do it at home. Wait... what are we talking about here?
Today's episode is going to be a fun one because Dan has no idea what the episode is about. Well... he does now, but at the time it was recorded, Anthony kept him in the dark.
Dan and Anthony are going to give you 3 ways for you to de-risk investment. All you have to do is: Do it, do it yourself, and do it at home! So what the heck does that mean?
Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
We've put out a few episodes on how we like to be vertically integrated here at Invictus Capital, and utilize an in-house property management system for our assets.
So in the episode, we're not going to try and convince you to go one way or another. Because property management is rarely a black and white thing. There are going to be certain tasks that you will retain, and then certain projects that you're going to want to hire out.
The difficult part is finding that balance.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Investing in multifamily real estate is our niche, it's our specialty.
So, let's breakdown why you SHOULDN'T be investing in it:
As with any investment... you could lose all of your money. Now, there's a lot that we do to mitigate this on our end as operators. We bring in inspectors to look over a property from top to bottom. In addition, we come into our deals very well capitalized. So if any issues were to arise, we wouldn't be caught with our pants down.
We also only look for deals that are cash-flow positive from day 1. We want to hit the ground running when we close on a deal. It's honestly pretty difficult to lose all of your money in a multifamily investment, as a passive investor.
The real trouble comes from your operator. So make sure that you heavily vet your operator(s) before you invest with them.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Multifamily real estate is a lot of work for active investors. You're going to be dealing with tenants, termites, and toilets.
So, is the juice worth the squeeze? Are the returns worth all the hard work and effort?
According to Tyler Cauble... it's not. Tyler runs a great YouTube channel (@TylerCauble), and he's doing some really interesting things over in Tennessee. But he says multifamily real estate is dead, and here's why:
1) Too much competition.
2) There aren't enough value-add deals to go around anymore.
3) Rates are high.
4) Returns aren't currently worth the risk.
Is he wrong? Do we agree with him? Is multifamily real estate investing worth the squeeze? Grab a glass of lemonade and enjoy this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Navigating today's debt market is like trying to navigate the wild west. And if you're like us, and you've been doing any deals this year... you know just how crazy its gotten.
Lenders are coming back with completely new terms, just as you were getting ready to close. They're more stringent than ever on terms not just for new deals, but previous deals as well. Rate changes, ridiculously low LTVs, they're pulling out all the wild cards.
So how do you navigate today's debt market when you're investing in real estate? Find out on today's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
There are many obstacles that new investors face when they begin their real estate investing journey.
Anything from finances, education, to simply just not knowing the right people. It can be very daunting for people to start investing. Real estate investing is misunderstood, and people tend to overcomplicate the process.
That's not to say that it's easy... because it's not. It just doesn't have to be complicated.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
As General Partners, it's pretty rare for us to get questions that we haven't heard before. And there are definitely questions that you, an investor, need to be asking your GP. Because there are things that your GP may not be telling you.
This isn't to say that they are withholding information... only that there are important answers to some difficult questions.
For example... what happens when you die? . Seriously, what happens if the GP dies? What would happen to the asset? Is there a plan in place if something terrible were to happen to the General Partner?
These are difficult questions. And more often than not, a GP will not lead with these questions in their pitch. But as difficult as they are, it's essential that you ask them.
So, what are 3 things your GP isn't telling you?
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Powell and the Fed have released their plan for where they believe rates will be at the end of this year (2023), 2024, and even 2025.
Here are three things you should keep in mind...
1️⃣ Nuances Matter: It's crucial to dig deeper and understand the nuances behind headlines. The recent statement from the Fed, as interpreted from the dot plot, reveals a projected gradual decrease in interest rates over the next few years. However, historical trends show that the dot plot has often been detached from reality, questioning its validity.
2️⃣ Forecast Uncertainty: Trying to predict interest rates can be akin to throwing darts in the dark. Even the Federal Reserve officials provide their projections, which may not align with the actual course of the economy. It's important to consider various factors and expert opinions while making financial decisions.
3️⃣ Reverting to the Mean: Looking at the bigger picture, we can anticipate a reversion to the mean when it comes to interest rates. Historically, we have experienced both periods of high and low rates. While predicting the exact mean is challenging, it's reasonable to expect a gradual shift towards a middle ground, avoiding both overly restrictive and excessively accommodative interest rate policies.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
If you've got two deals on the table, and you're looking to close on one of them... you've actually got a pretty good situation going for you.
The decision may be hard for you, but it's a good place to be. Especially in today's debt market. Deals are not easy to come by these days.
But, you still need to make a decision. So how do you compare these two deals, and more importantly, how do you NOT compare them?
Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
When you take a look at the giants in the real estate industry today... how do they compare to those that played the game before?
In today's episode Dan & Anthony are going to discuss some of the MOST impressive real estate portfolios... EVER.
Some are upcoming in the industry, and some have building their portfolios for decades. From the Catholic Church to McDonalds... you might be surprised who has the biggest and baddest portfolios out there.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Step 1... buy your first property. Step 2... make money.
Unfortunately, it's not that easy. Real estate investing is NOT a get rich quick game. But, it is a get rich for sure game.
A lot of new investors jump in head first, without realizing just how much work it takes to be an active real estate investor. And that's just to keep the property afloat, if you're wanting to start making profit, you're going to have put in even more work. If none of this is of interest to you, passively investing in real estate is probably the right path for you. But, if you're ready to get to work... here are the top 10 ways to make money off of your first investment property.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Equity or Cashflow? Which would you rather have right off the bat for your deal?
Cash flow makes you rich, but equity makes you wealthy. Here's the deal though... equity is worthless if you have no way to transform it into a source of cash flow. It's essentially the chicken and the egg scenario, which one comes first? Can you have a source of cash flow without first having the equity to build that source?
Find out on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"Equity is only valuable as long as you could find somebody else with cash willing to exchange, to help you get the thing that you wanted."– Anthony Vicino
"My definition of better is which one's gonna make me wealthier." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
You cannot save your way to wealth.
Our whole lives we've had the importance of saving your money INGRAINED into us. It's part of our lives now, right? Save your money, so that one day you can quit your job, retire, and live off your savings.
Well it won't work.
Maybe it worked some time ago. But the system is not running the same as it was in the past. Saving your money is simply no longer enough. Even high-yield savings accounts will just barely net you anything after inflation these days. That's the bad news. Here's the good news...
Instead of working for your money and saving it, you can have your money work for you. DO SOMETHING WITH IT. Don't just let it sit in some bank account. Here's how.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
On paper, vacancy seems like a simple concept. Are there people living in your units?
But it's a little bit more complicated than just that. There are two types of vacancy... Physical and Economic. Now obviously, you don't want either. But, is one worse than the other?
First let's breakdown the difference between the two:
Physical vacancy is a term that most are familiar with. It's when your unit(s) are physically vacant. Meaning nobody is living there and paying rent.
Economic vacancy is a little bit more dangerous because it often catches people off-guard. In this situation, you DO have people living in the units, but you're not collecting rent from them, for whatever reason. They could be refusing to pay until something is fixed. They could be constantly asking for an extension. Or they could just be flat out dodging your calls and letters.
When you're looking to purchase a property, one of the first things you're going to want to look at is the building's vacancy. And there are several ways to find out exactly what the situation is, and if it's a hot mess that you want to avoid.
So check out this week's episode of Multifamily Investing Made Simple, where we make vacancy simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
If real estate is on your list... you're wrong.
While real estate is a great investment, if you're just getting started in it, or in investing in general, you may want to pump the brakes a bit. There are several other areas that you can invest in to better set yourself up for success.
And they all begin with you.
Yeah, it's a little cheesy. But investing in yourself is the best investment you can make. And these are the top 3 ways that you can do that.
First, self awareness. This is THE superpower that you want to hone. Understanding how you work, your strengths and weaknesses, is key to finding success. If you're great with numbers, but terrible with people... that's totally fine. Go out and find someone who is a marketing wizard. Don't try and be that guy or gal that does it all.
Second, education. We can't state this enough, but you need to invest in your education. Now, this doesn't mean you have to go get some form of higher education. It's a lot more simple than that. Go out and find as many books, podcasts, and YouTube videos on whatever it is you're looking to accomplish. And don't be afraid to copy from those who are successful. If it worked for them, it can work for you.
Third, network. Your network in real estate is tool belt. You will need it for EVERYTHING. Raising capital, managing properties, repairs, value-add, leasing, legal work, accounting... literally everything you can think of can be made so much easier with the right network. And we mentioned it before, but finding a great partner(s) is going to be key.
Once you've invested in these 3 things, collect on those returns and get started in real estate.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
There's been a lot of interesting headlines lately... and apparently... the economy is fixed. We're all good folks, no need to worry about recessions or interest rates... right?
In this week's Tepid Takes episode, we're going to discuss how the Fed has doubled it's prediction of growth, and how that will effect interest rates.
Grant Cardone is facing more scrutiny and legal action against his use of social media when promoting his real estate deals.
Landlord insurance, rental rates across the country, WeWork renegotiating their contracts, and more. There's A LOT going on in the world of real estate... and here are our tepid takes on all of it.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
When times are tough, and the economy is on the verge of a recession... what investment is the safest? Scratch that... what investment thrives in a recession?
Multifamily real estate investments, historically, out-perform almost any other investment medium in times of economic hardship. There's a couple of reasons why:
First, we need to get specific. The asset classes that we, Invictus Capital, typically deal with are C+, B-, B+ assets. This is an important distinction because these assets sit right in that sweet spot on the socio-economic scale. If you go too far either way on that spectrum and you're going to start dealing with evictions and vacancy. Believe it or not, in the 2008 market-crash, we actually saw our area of investing increase and improve.
There's a lot of reasons why multifamily real estate is one of the safest and most risk-adverse investments you can make. Find out why on this week's episode of Multifamily Investing Made Simple, in under 10 minutes.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
It is nearly impossible to find debt right now. Lenders are wary, rates are high, and investors are scared... is now the perfect opportunity to get into real estate investing?
The past few years we've seen unprecedented variables effecting the market. And while rates aren't at historic highs, we've seen them rise VERY quickly. This has made a lot of banks and lenders wary, and there's been a lot of purse-string tightening going on.
In fact, we're working on closing our first deal of 2023 right now. Operators, ourselves included, have had to sit and wait patiently for the right deal to present themselves because there's certainly not a lot of good deals going around at the moment.
So, if you want to know why it's impossible to find good debt terms right now, and how you can work with lenders to make your deal work... check out this episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
These are the TOP 5 "must haves" that we look for when going into a real estate deal.
Seeing as they're both partners in a real estate investment company... they have some of the same answers. But when they both look for a deal, these are the boxes they want checked...
Cashflow on day 1.
Value-Add Opportunity.
Favorable Debt Terms.
Location, Location, Location.
Supply & Demand.
If you can quickly scan a deal, and it ticks most, if not all, of those check marks... then you're looking at a pretty good deal. And if you want to hear more, we threw in a couple of extra ones for ya.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
As a real estate investor, wouldn't you want the bigger chunk of the equity split? Who wouldn't want 90% of the returns in a 90/10 split... right?
There's a lot that can be said about a deal when it comes to the equity split. For instance, 90/10 sounds good on paper, but there are a couple of red flags to be on the lookout if you see it.
So now you may be asking... how could a 70/30 split, or a 60/40 split possibly be more profitable for me than taking 90% of the profits?
Well, find out that and more on this week's episode of Multifamily Investing Made Simple, in under 10 minutes.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Is it harder to manage properties or people?
With one, you have to worry about renovations, repairs, and BOUNTY HUNTERS. And the other, you have to make sure everyone is happy all of the time. Both are not easy...
Each of these require a different type of skill. Managing investors, their expectations, and your relationship with them... requires a lot of social skills, patience, and finesse. And managing properties, toilets, termites, and tenants... well that requires even more patience.
More than likely, you're not going to be able to do both at the same time. So what's the solution?
Find out on this episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
If you're an active real estate investor, and you want to hack your investing... go find some guru on YouTube hawking their secret formulas of success.
The truth is, it's not going to be easy. But it is VERY possible. Real estate is so incredibly accessible, all you need to do is put in the time and the work.
While we don't have an algorithm, or a secret formula for success... we do have 6 systems that will certainly help you out in the beginning. Real estate is hard work, so do yourself a favor and don't make it harder than it needs to be.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
The path to being a succesful real estate investor can often be bumpy. There's a lot of hurdles that you'll need to jump, especially in the beginning.
You could face anything from bounty hunters kicking down doors, to replacing entire toilets yourself. Yes... we've experienced both of those things, and a whole lot more.
But don't worry, there are ways to avoid these situations, and any beginner mistakes that might lead you to them.
Here are the top 10 mistakes that you should avoid making when you're just starting to get into real estate investing.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Real estate is a long term game. If you're looking for a quick buck, you'd do better looking elsewhere. So while it's not a get rich quick game, it is a get rich for sure game.
And the best way to do that is to play long term games with long term people. This Naval quote can be broken down into 2 parts, the game, and the people.
Billionaires, people who are immensely successful in their industries, are constantly playing the long game. They are able to look at the industry and see its future. And then to play that game, they have to play with teammates. And these teammates need to be in it for the long haul.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
There are certain things investors need to be on the lookout for when going into a deal. You need to have your eyes peeled for these real estate red flags.
How many operators should be on a deal? Return of capital versus return of cash? No preferred return?
There are a ton of questions that you should be asking your operator. And one of the biggest red flags you might run into... is if you can't get a straight answer out of them.
So, what do you look for, and what do you ask?
Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Are you ready to scale your portfolio?
Do you have a triplex or a quad, and you're thinking about scaling up to a 10 unit? How do you scale up from a 50 unit to a 100 unit building?
In this episode, hosts Anthony and Dan discuss how to know when you're ready to scale up your real estate portfolio. They share their personal experiences with scaling quickly and the importance of having systems and processes in place before expanding.
How do you manage your new properties? Are you raising the capital yourself?
Tune into this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes, for valuable insights on how to successfully grow your real estate business.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Screw savings, you don't need them...
At least not according to Grant Cardone. Recently Grant has dunked on Dave Ramsey about his moving saving advice and investment tips. Grant claims that real estate is safe and can put you in a better spot, financially, than just letting your cash sit in a savings account.
Maybe he has a point... this week we will break down their polar opposite philosophies when it comes to where YOU put your cash.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
There are a lot of myths and misinformation surrounding money, and making money.
A few years ago we did an episode on the top 7 money myths. And now, after a few more years of experience under our belts, we're exploring these money making myths again.
Here they are:
• 1 - You shouldn't talk about money
• 2 - It is All about Luck
• 3 - Money is Evil
• 4 - All Debt is Bad Debt
• 5 - Cash is King
• 6 - My 401k will make me Wealthy
• 7 - It takes Money to make Money
Have these changed at all? Are there new myths? Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Through the years of our journey in real estate investing, we have found 5 simple truths.
5 truths have put us on the path of success.
Consistency
Discipline
Self-control
Accelerated timelines
and Curiosity
These 5 things are our simple ingredients that combine to create the complex dish that is Success.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
We did it... we solved this country's latest economic crisis... inflation.
This week we're taking a look at the latest real estate headlines, both local and national, and giving our tepid takes on some hot news.
Minneapolis recently became the first major metro area to drop below the Fed's target rate of 2%, we're now sitting at 1.8%. Is it all thanks to low income housing?
The office space in commercial real estate may be dead, but there was a quarter billion dollar deal brokered in Minneapolis last week. The RBC Gateway building, the city's latest skyscraper, sold last week to Spear Street Capital.
Manhattan's rent is getting out of control.
There's a lot to unpack on this week's Tepid Takes.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
We've done TONS of episodes on the best and most creative ways to find and raise capital for your real estate deals.
But... what are the worst ways? What are sources of capital that you shouldn't even go near? What goes bump in the night in the financial world?
In this episode, Dan and Anthony breakdown some of the worst ways that new investors can source capital for their new deals. Whether it's credit cards or family... you're going to want to avoid that money.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
This is the BEST investment strategy, and it allows you to benefit from real estate investing... without having to do all of the work.
Real estate syndicates.
There are a lot of moving parts to a real estate syndication, and it can often be overwhelming. So, Anthony has created the perfect analogy that will hopefully make syndicates...simple.
We call it... The Jumbo Jet Investment Strategy.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Here are habits that can help make you a millionaire.
I know... a little clickbaity... but implementing these habits into your life will, at the very least, improve your life drastically. And at the very best... make you a millionaire.
2 years ago, we released an episode titled "8 Millionaire Habits", and we listed 8 habits of ours that helped us get to where we are today. Well, a lot has happened in the last 2 years.
So, in today's episode, we're going to revisit this list and add to it... maybe even subtract from it. Here are 8+ millionaire making habits that you can start working on today.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Last week, the Fed raised the interest rates once again. They also noted that it's likely they'll continue to raise the rate to combat inflation.
But does it matter? Eh... not really.
There's a LOT of talk around interest rates. In fact, it seems like that's the only thing that anybody talks about these days. Rates are rising... the Fed just raised the rates... when are rates going to come back down... etc.
And sure, lower rates can mean better deals. But with the way the Feds are raising rates now, and the amount at which they're raising them, it doesn't have THAT much of an effect.
At least not compared to what we saw a year ago. Right now it's more important to focus on optionality than interest rates.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
The 1031 exchange is one of my favorite ways to invest in real estate. It's a great way to enjoy all of the benefits... without having to do all of the work.
Plus... it's one of the reasons why ALL of the wealthiest people in the world invest in real estate. The tax benefits.
With a 1031 exchange, you can sell one investment property and put all of that money into a syndication... avoiding the capital gains tax and avoiding all of the termites, toilets, and tenants.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
These are the top 5 terms that EVERY real estate investor must know before going into any deal.
Cash On Cash Return
IRR
Appreciation
Equity
Preferred Return
The best way to prepare yourself for your first deal is to study up, and while these are the top 5 most important terms, there's still a bit more work for you to do. But...
If you walk into a deal with a good understanding of these 5 things, then you'll be a in a good place to start asking the REAL questions.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Quick... think FAST. You only have 10 minutes to close this deal. Are you able to make some "back of the napkin calculations" to wrap this thing up?
Alright, we would never recommend that you close on a deal that would only give you 10 minutes to sign.
But, let's talk about the numbers and figures that you need to review in order to at least know if you're interested in a deal or if you're gonna pass... in under 10 minutes.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
The limited partners and general partners of real estate investing have had plenty of time in the spotlight... now it's time to hear about some of the other key players on the team.
Who do you call if there is a legal issue or contract to review? Who brings in a majority of the loan value? Who guides you through the taxes?
There are 7 key roles that you need to make sure are filled by the right people on your operations team.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
There's a LOT of uncertainty in the market right now. And every investor out there is asking the same thing... is now the worst or best time to invest? Dan and Anthony take the bull and bear into the ring to battle it out.
Anthony... the bear, takes the side of the pessimistic investor, or maybe "cautious investor" is a better term.
He argues that now is not the time to be investing. With interest rates, debt difficulties, the office-space bubble, and SO much more... maybe it's WORST time to invest.
Dan... the bull, takes the role of the optimistic investor. And he's got an answer for EVERYTHING.
After all, Warren Buffett once said to be "fearful when others are greedy, and greedy when others are fearful." Maybe now is the BEST time for you to get into the market, and get greedy!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
If you're going to invest in real estate, you need to know these three things...
Whatever you want to call them... hacks, unlocks, best practices... these three things will help you find success in real estate.
1) The secret to networking... Property Tours.
2) Vetting operators and asking the RIGHT question.
3) For operations... take the outside-in approach.
Let us know if you've found any hacks along the way in your real estate investing.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Let's say you need to raise capital for your deal... and you gotta do it fast... What do you do?
Or, let's say you want to invest in real estate, but you don't have $50K to invest in a syndication... where do you turn?
A lot of new investors are looking at crowdfunded real estate investing platforms, like Fundrise...
But not a lot of those investors know the risks involved with these platforms.
On the surface, they seem like a good idea. Who wouldn't want 12% returns on their investments. It's hard to find returns like that today... But that 12% doesn't include the massive amounts of fees included, not to mention the additional tax costs.
So, before you throw any money into a crowdfunded real estate investment, you should know the risks involved.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
This week we're hitting the BIG 3... BlackRock, Bezos, and Bank Fraud.
Alright, we're actually going to be hitting on more than 3 topics in today's episode... Because we've got another Tepid Takes for you dear listeners. And oh boy is it a good one.
To hit things off, Matt Onofrio takes a plea deal with prosecutors and pleads guilty to a $35.7 million bank fraud charge. If you haven't yet, you're gonna want to check out the episode we did on Matt a while back. With our connection to him, we took you all behind the scenes of his, then alleged, $35M crime.
Then we've got big news in Minnesota, as our home state has surpassed Texas in the top places for business, taking 5th place.
BlackRock takes an interest in the crypto market... Dan thinks this might be the final push needed to legitimize the market and get some legislation passed.
And finally, Bezos enters the crowdsource real estate business. Or at least... he backed a startup with a business model not all too dissimilar from Fundrise. That's a Bezos Backed Business for ya!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
If you see any of these in a potential real estate deal... RUN AWAY.
Look, when it comes to a deal, we're not afraid to get our hands dirty. If property needs a new boiler... no problem. But there are certain red flags in a deal that we WILL NOT touch.
Perpetual Vacancy.
When you see perpetual vacancy in a building, you should be scared. Now, it could just be a case of poor management, but when you're in an area like us with high demand... there's probably a reason those units are remaining vacant. Skip that deal.
Zero Parking Solutions.
If the property you're looking at has no parking... not even street parking... forget about it.
Reputational Damage.
Make sure you know who you're buying from. Your reputation is going to be effected just by doing business with that person. If the seller has a certain reputation, either in the industry or with their residents... that's going to follow you.
Cap Ex Budgeting.
Alright, this is the big one. Obviously you need to make sure you have a thorough understanding of all the cap ex items in this deal. Boilers, roofs, plumbing, wiring... it can add up FAST. It doesn't have to turn you off of the deal, but you need to know what you're dealing with.
So, if you see these red flags in a deal... RUN AWAY.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
There are a TON of different assets within real estate... which one is riskiest?
In this episode, Anthony is going to break down 4 of the biggest asset classes that make up real estate:
Office Space
Single Family
Multifamily
Industrial
These 4 asset classes are constantly making headlines. There's a lot to breakdown when it comes to their risk/reward profile. But there is a clear line between the riskiest and LEAST risky real estate asset class.
And we know... we're multifamily real estate investors... but don't worry! We do our best to stay unbiased here in these rankings. You might be surprised to hear what gets ranked first.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
When you take a look at the giants in the real estate industry today... how do they compare to those that played the game before?
In today's episode Dan & Anthony are going to discuss some of the MOST impressive real estate portfolios... EVER.
Some are upcoming in the industry, and some have building their portfolios for decades. From the Catholic Church to McDonalds... you might be surprised who has the biggest and baddest portfolios out there.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
How risky can real estate investing really be?
The richest people in the world ALL invest in real estate, in one way or another... so what's the catch?
What's the risk?
To answer this... first we need to define risk itself!
Find out how, and more, in another bonus episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Happy 4th of July!
Here's the situation:
You've only got $100 in your bank account. What can you do with it? Is it possible to turn that $100 into $100 million through real estate?
In today's episode, we're going to dive into how far $100 would get you in real estate investing.
Spoiler Alert: It's possible, but it won't be easy!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
When we set out to make this podcast, our goal was to make multifamily investing simple... it's in the name of the show.
We've covered a lot of topics in the world of real estate, and a LOT of topics that have NOTHING to do with real estate.
But at the end of almost every episode we say that we hope we brought you some kind of value.
Well surely, somewhere in the sea of 400 episodes, there's gotta be SOME value... right??
At the very least, we hope we've been entertaining and made you laugh. And in that nature, here's a little compilation of our bloopers throughout the 400 episodes of Multifamily Investing Made Simple.
Here's to another 400, we hope to see you all there!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
There's a reason all of the richest people in the world are heavily invested in real estate... it makes you MONEY.
In real estate, there are tons of different asset classes and there are tons of different business plans that you can execute.
But really... it all boils down to these 4 things:
-Cash Flow
-Equity
-Taxes
-Appreciation
It all breaks down to those monthly checks you receive, capital events (refi's or selling), tax benefits, and increasing the value of your property (organically or through forced appreciation).
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
There's a concerning trend in the multifamily real estate industry - the rise of syndicators raising substantial capital for deals without prior experience.
As advocates for responsible investing, we delve into the potential difficulties and challenges that can arise from diving headfirst into large real estate deals without first starting small and gradually building their skillset.
With the current mindset of "bigger is better" promoted by some coaches, many new operators are finding out why this doesn't work... the hard way.
So join us as we address the dangers of solely relying on theory and educational platforms that charge exorbitant fees to teach everything about syndication.
This is everything WRONG with the current commercial real estate market.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Is there a certain property that keeps you up a night? An opportunity that you passed on and now you'll never forgive yourself?
Don't worry... we know your pain.
Every real estate investor has that ONE deal that they turned away, and then they regret it for the rest of their lives.
In today's episode, Dan and Anthony are going to reach deep down, and talk about some of their most painful real estate memories. The deal that got away...
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Class A, Class B, and Class C apartment buildings... which one is best?
First, you've gotta determine your investment goals and choose a strategy that aligns with them, whether it's cash flow, appreciation, or tax benefits.
If you're looking for strong returns... consider investing in Class B and C properties. That's our forte.
These assets offer more control over increasing revenues and decreasing expenses, which can increase the value of the building. Plus, their limited supply creates potential for forced appreciation.
Of course, the choice between investing in Class A, B, or C assets is situation-dependent.
For those nearing retirement, Class A properties offer consistent cash flow and a hedge against inflation. Younger investors may find Class B and C properties worthwhile for building equity, despite their higher risk.
Class B and C will always have a special place in our hearts.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
What is the best business model in real estate investing?
Today we have an episode from the vaults. Let's dive into the value-add multifamily business model.
Value-Add is one of the best, most stable models of investing in real estate.
In multifamily real estate, your property is valued by the profit it generates. So, the the more profit you're bringing in... the higher your property is valued. It's a win-win.
But you can't just go and in raise the rent all willy-nilly. No, you need to add value to your residents and your property. And there it is... the value-add model.
Alright it's definitely more complex than that. For example, HOW do you this? Well, Anthony and Dan will do you one better, in this episode, we will give the BEST ways to add value to your property.
So, what is the best value-add strategy?
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Thinking back on our $70M + real estate portfolio... what was the best investment we ever made?
Well, it's not a physical asset, or a building.
No, the best investment that ANYONE can make, is their education. And I know... we've talked about this a lot. But it comes to us time and time again. New investors who are eager to jump into the game, without even knowing what the game is.
So, how do you invest in yourself? And how do you get the biggest returns on that investment?
Find out on this episode of Multifamily Investing Made Simple, In Under 10 Minutes.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
It's time to shift your mindset and start thinking about the potential returns of investments, rather than just the immediate gratification of purchases.
How do you think like an investor, rather than just a consumer, and prioritize your financial decisions for long-term success?
Let's dive into the powerful concept of opportunity cost and the time value of money.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
The commercial real estate market is crashing... and we don't care.
Right now, if you look at any headline in real estate news, all you see is talk about the commercial real estate market crash. Whether it's impending, or we're in the midst... either way it's all a bit sensationalized.
Commercial Real Estate is such a broad term. It's an umbrella that covers A LOT of asset classes, multifamily included. But not many people think about apartment buildings when you hear "commercial".
In fact, some people are very confused when we say commercial real estate and they later find out our niche is multifamily. This is part of the problem with these sensational headlines.
There is some turbulence within in the market right now, but it's mostly contained to office-space, and there's very little chance that it will have a ripple effect on to other asset classes.
In this episode, we quickly discuss the current macro state of the market, and dive into the problem areas on a more micro level.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Real estate syndications are made up of 7 key players.
General partners, limited partners, brokers, lenders, property management, attorneys, and CPAs. Each role is valuable and cannot be cut out.
General partners take the active role in sourcing deals and performing day-to-day operations, while limited partners provide the capital and collect cash flow. But cutting corners in legal work is a big no-no. Investing in legal work to protect oneself and limited partners is vital.
Brokers are highly useful in securing deals, and lenders bring in 70-80% of the loan value. Renting out properties can be managed in-house or outsourced to a third-party company.
At the end of the day, finding a great CPA and lawyer who specialize in real estate syndication is crucial. They can save you money in the long run and make sure legal documents are structured fairly for everyone involved.
A successful syndication is managed by a cohesive team, and if you're a limited partner, or a passive investor, you HAVE to make sure you trust that team.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Investing can be a very lonely game.
But there are things you can do to combat that.
Community events provide face-to-face interaction with the investment team and other investors. We like to host live events multiple times a year to provide opportunities for networking and personal connections with our investors.
These events are also an opportunity to collect data on market trends and other investors' portfolio diversification. We believe that learning from the experience of other investment groups can broaden your knowledge and exposure to the market.
Plus it gives us a good excuse to have a great time and party with our investors! But that's just a bonus.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Are you interested in investing in multifamily properties, but feeling overwhelmed by the concept of vacancy?
Don't worry – we've got you covered. We break down the differences between economic and physical vacancy and why it's crucial for investors to understand both.
We also introduced the concept of break-even occupancy (or as we like to call it, the wiggle room rate) and how it can reveal a property's financial performance. Plus, we shared some insider tips on how to avoid operators who may be hiding economic vacancy.
Tune in now to learn how to simplify vacancy in under 10 minutes. #multifamilyinvesting #realestateinvesting #entrepreneurmindset #biztips"
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
First impressions are important when you're in real estate. So you have to make them count.
You might think that your watch or car could give a certain impression, but really... it's much more than that. Wearing luxury brands doesn't necessarily make someone more impressive or serious.
And owning an expensive car doesn't necessarily mean you are more successful or influential.
It's about the impression you make with the people you meet and with whom you do business.
So, how do you dress for success, and make the right impression in real estate investing?
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
How do you scale your real estate portfolio? When is the right time to scale?
These two questions are KEY. If you don't have the answer to either, then you're not ready to grow your portfolio.
There are a lot of things that you need to have in place before you can grow. And the worst thing you can do is grow your portfolio, just for the sake of growing. Sure, it's nice to have that big number of units that you can throw out and brag. But without the proper structure in place, it can all come crashing down.
As you know, we have our own internal property management company here at Invictus Capital. And part of deal flow process is to ensure that we aren't maxing out our ability to manage those properties, by acquiring too much too fast.
So in this episode, we're really breaking down the way an investor can determine WHEN the right time to scale is, and HOW to scale.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
"When do I get paid?"
This is an important question I'm sure every investor has asked themselves... and if you aren't asking it... you should be.
If you're investing in a real estate deal... in what order do you get your returns? Maybe you thought everyone got their returns at once.
Well, not in a waterfall structure.
In today's episode, Dan and Anthony are going to break down the waterfall deal structure, how it works, and why it's used.
The most important part of this structure is understanding who gets paid and when, because not every waterfall structure is the same.
Tweetable Quotes:
"One cup is the GPs. The other ones are the LPs cup, depending on how we split the equity, those are gonna fill at different rates."– Anthony Vicino
"Close your eyes. Imagine a waterfall. If you're driving, don't close your eyes." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Both Dan & Anthony are out of town, so we're entering the multiverse and showcasing a very special episode for you dear listeners.
In this episode of Amplified Impact, Anthony delves deep into the management of debt, cash flow, and equity in a real estate portfolio worth $70 million.
The episode emphasizes how these concepts can be useful for businesses and personal finances alike.
Anthony talks about and acknowledges that debt is often misunderstood, and some schools of thought suggest avoiding it altogether. He also explains that debt can be a powerful tool when used correctly.
Anthony encourages listeners to learn how to use it effectively to gain an edge in the money game.
This episode emphasizes that interest rates matter, but it's not the only factor to consider when managing debt.
Anthony shares his insights into the infrastructure systems that they use to scale their portfolio and points listeners to a course on building a Capital Raising Machine.
This episode is a detailed look at debt management in real estate and other areas of finance.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Does age matter in real estate investing? Do you need to be old in order to be wise? Do you need years of experience in order to be successful?
The answer is yes... and no.
The best time to start investing in real estate was yesterday. The earlier you start investing, the better. Heck, Warren Buffett started investing when he only 11 years old!
Now, that doesn't mean that it's ever too late to start investing. One's age, being young or old, does NOT prevent someone from investing. But it does change HOW you should be investing.
If you're younger, you might be able to take on more risk. If you're older, you might be looking for something a bit more stable.
So how does your age shape the way you should be investing in real estate?
Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Today we've got an episode from the vaults. And this is a special look back, because it's been almost exactly 1 year since we released this episode.
And yet it's more relevant now than ever... Refinancing with rising interest rates.
Rates are FINALLY stabilizing, or at least they appear to be. The Fed seems to have hit their peak, and at the very least, we won't see any more hikes. And best case scenario... we actually see the rates come down over the next two quarters.
But, what does this mean for the market? Is this a good time to try and refinance your property? Or is there an opportunity on the horizon?
Let's revisit this episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
We have always said that if you want to invest in real estate, you should find your niche.
Find something specific, a market that you can corner... and then be the best at it. The more niche, the better!
So, we wanted to give you all the weirdest, most niche, niches in real estate investing.
It doesn't get more niche than luxury doomsday bunkers... but did you know you can purchase air rights in downtown spaces?
Listen in to this week's episode of Multifamily Investing Made Simple to dive deep into the weirdest corners of real estate investing.
Who knows... you just might find your next venture.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Real estate investing is known as one of the most stable and risk averse investments you can make.
And investing in a DST might be the safest one out there. BUT... there are some drawbacks to DST's. Especially when you compare them to a syndicate.
Why invest in something that literally caps your returns?? Sure they're guaranteed but typically, a DST only offers something around 4%. And when you factor in inflation... you might actually be losing money there.
So, when you compare the pros and cons... how do DST's compare to Syndicates?
Find out on this episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
One of the biggest complaints in real estate investing that we hear is... it's really hard to buy and sell.
It's a legitimate concern. Real Estate is a very illiquid investment. It's not like stocks, where you can theoretically pull your money out right away.
But this very complaint of illiquidity... might actually be one of the greatest parts of real estate investing.
How?
Find out, in another bonus episode of Multifamily Investing Made Simple!
Tweetable Quotes:
"But the downside of liquidity is that not only can I do that, but everybody else can." - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
The real estate market might be scaring off some people with interest rates on the rise... But there financing opportunities out there that we haven't seen in over a decade.
We're talking about creative financing in real estate deals. Specifically, two types of financing: contract for deed and seller carryback.
Contract for deed involves purchasing a property directly from the seller without involving a bank, while seller carryback is any type of financing involving traditional methods and the seller carrying back a note.
And if you're interested in creative financing, we highly recommend reading "Creative Cash" by Bill Hamm.
So if you're a real estate investor, tune in and explore these financing options. Because you might not get a chance to explore them for another 10 years...
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
If you're just starting to invest in real estate, you're probably going to start with something small, right? Unless you're Grant Cardone...
Starting small is a great way to dip your toes into the water, before wading into the deep-end. Just like how single family homes are a great way to start investing into real estate.
What do you do when you're ready to make that transistion, and start getting involved in commercial multifamily real estate? What are the differences?
Here are the three key things you need to know:
First, banks pay more attention to the personal situation of first-time borrowers than seasoned real estate investors. This means first-time borrowers should temper their expectations for their first deal and be prepared for close scrutiny.
Second, multifamily transactions are unlike single-family transactions. You'll be negotiating with one broker who represents both sides, leading to some awkwardness.
Third, managing a multifamily property requires a different system than managing a single-family home. Having a system in place is crucial for success.
So if you're looking to move into commercial real estate, keep these differences in mind and don't forget to do your research.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Multifamily real estate investing all about playing long-term games and how small consistent actions can lead to big results.
It is not a get rich quick business... but it is a get rich for sure business.
We often underestimate what we can achieve in 10 years and overestimate what we can do in just one. That's why playing a long-term game is so important, whether it's building wealth, improving your health, or growing your skills.
Remember, good things take time and success rarely comes from sudden windfalls.
So start doing the small things consistently with patience and you'll be amazed at what you can achieve.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Are we through the worst of it? Have we reached rocked bottom, and are we on our way back up?
Right now, there's a bit optimism in the multifamily real estate market. But what's causing the sudden flow of deals that we're seeing?
Is it the shift in seasons?
We also share some insights on cap rate decompression, with several factors playing a role in the fluctuating nature of cap rates.
So, are we through the worst of it?
Find out on this week's episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Today we dive into the importance of having a strong tech stack for managing rental properties.
From software that handles screening and maintenance requests to listing apartments on Facebook Marketplace, we cover it all.
Plus, we shared some virtual tools that have become more popular during the pandemic, like video walkthroughs and virtual tours.
And if you're in the market for a new tech tool, we've got you covered there too. Whether it's Notion or Microsoft's GPT, we've got some great suggestions for you. So be sure to tune in and start building your portfolio with the best tech tools out there!
Leave A Review If You Liked This Episode!
If you're interested in investing in multifamily real estate... you're going to be looking at a LOT of properties before you eventually get one under contract.
They say you look at 100 deals before you actually close on one of them.
So, how do you find the value of all those properties? How do you decide which one to go with? If only there was a golden formula for valuing commercial real estate?
Well, there is....
You can use the NOI and Cap-rate to find the value of any multifamily property.
Find out, in another bonus episode of Multifamily Investing Made Simple!
Tweetable Quotes:
"One of the most important lessons that I've ever learned, was that a dollar saved is worth more than a dollar earned." - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
We have another set of Tepid Takes. Let's dive deep into the world of commercial office space real estate.
With the rise of remote work after COVID-19, the office landscape has fundamentally shifted - leaving many investors wondering - what's next? We examine the phenomenon of "ghost vacancy" and explore how office tenants' leases will impact the utilization of commercial office space.
We also dissect the recent news from life insurers who are cutting back on office loans and minimizing office lending as future risks loom. With so much unused office space in the market, is it time for a move towards multifamily repurposing?
Join us for an in-depth analysis of this complex and ever-changing landscape.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Tags: investinvestingreal estate
When is the right time to sell?
Well the correct answer just so happens to be the most ANNOYING answer.
It depends.
And of course it does, right? The right time to sell depends on a multitude of factors. And totally depends on your situation.
But don't worry, we're going to give you an answer. In this episode of Multifamily Investing Made Simple, Dan and Anthony are going to list the conditions that are best when it's time for you to sell.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Tags: investinvestingreal estate
Looking online, there is a lot of fear mongering going on. A lot of people are claiming that the current market is repeating the events that lead to the 2008 Great Recession.
Here's 4 reasons why they're wrong.
The Job Market.
Consumer Protection.
Inventory.
Low Delinquency.
Low Foreclosure Rates.
Want to know more? Check out this episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Tags: investinvestingreal estate
Today we are going to take a deep dive into a $230M foreclosure.
This foreclosure was due to 5 main reasons:
Mortgage payment increase
Rent collection decrease (evictions)
Property insurance increase by 40%
Property taxes increased by 20%
Have to buy interest rate cap
This important... not just because it's such a large foreclosure... but because we're seeing this all over the country. Regardless of how big the deal is.
How can you avoid this situation?
Find out on this week's episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
What is stopping you from investing in real estate? Conspiracy theories, government cover-ups... aliens?!
Maybe it's all of the above.
When you take a step back and really look look at our systems, whether it be the government or the world system at large, there are unfair rules and legislation in place that prevent a lot of people from learning about real estate investing.
And oftentimes, these rules are put in place by the ultra-wealthy, and guess what they're all investing in... real estate.
We unpack all of this and more on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes.
Tweetable Quotes:
"The world, including these businesses regulations, the government, is actively stopping you from learning about investing in real estate."– Anthony Vicino
"They'll take care of your money for you because you're too dumb to even hope to understand." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
What the heck is depreciation, and how does it work?
We all know that real estate is a great investment vehicle. You've heard us say it a thousand times.
It's a hedge against inflation. It's a cash flow producing asset. The depreciation and specifically the tax benefits of real estate are some of the reasons that a lot of people love it.
Especially the wealthy.
So what exactly is depreciation, and how do the wealthy use it stay wealthy?
Find out on this episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"The depreciation and specifically the tax benefits of real estate are one of the reasons that a lot of people love it." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
This past week has been the worst in our real estate investing careers.
If you're thinking of getting into real estate investing let this be a warning for you... it ain't an easy gig.
You might be asking "how bad can it get?"... well imagine one of your properties has a fire. And then less than 6 months later... the same property has ANOTHER fire.
Oh, and your company credit card information get's stolen. And to top it all off, your employees can't get paid because your payroll software is down.
All in the same week.
As a real estate investor, entrepreneur, and a business owner, you have a lot of responsibiliy, and everything falls back on you. You need to be prepared for anything and everything.
So, how did we survive this hell week?
Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Could having a black belt in jiu jitsu really help you when it comes to real estate investing?
In today's episode of Multifamily Investing Made Simple, Dan and Anthony discuss outside skills that can help you out in your real estate investing journey.
Here are the top 6 skills you should sharpen and hone to become the best real estate investor possible. (With some bonus skills!)
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
What is THE most important step that you need to do when investing in real estate? It's something that most people miss.
In today's bonus episode, Dan is going to break down how to set your investing objectives, and why it's so important.
Don't forget to check out this bonus episode on Youtube!
You don't want to just follow the flow of people investing in whatever everyone else is. You need to define your investment plan based on YOU! You've got to look at the long game first and figure out what is your end goal, and what are you trying to accomplish. Then you can start to pick your investments. So how do you do this?
Find out, in another bonus episode of Multifamily Investing Made Simple!
Tweetable Quotes:
"This is going to take all the emotion out of it because emotional decisions are bad decisions. And when it comes to investing in real estate, you want to be mechanical." - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
We've had a lot of calls with potential investors lately, and we keep getting asked the same thing over and over...
Are we worried about the current market?
We've said this before, and we'll say it again... Nobody knows exactly where the market is going, or what it's going to do. And real estate is such a vast landscape, with so many different sects, that it's hard to generalize a diagnosis on one particular niche.
But, with that in mind... there is always opportunity, no matter how grim a market looks.
The key is to de-risk your investments. How?
Find out on this week's episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
In this today's episode, we are going to talk about the worst reason to passively invest in syndication.
You heard that right... Not the best reason, but the WORST reason.
Could it be the lack of control? When you invest in a property through syndication, you won't have control over said property as you would if you purchased it yourself... but maybe that's a good thing?
Maybe you think it's the first step to becoming a GP, right? You'll get all the experience from the LP position, and you'll be ready to tackle the next deal as a GP? Wrong!
Find out all of this, and more, on another episode of Multifamily Investing Made Simple, in Under Ten Minutes.
Tweetable Quotes:
"I've been on a lot of planes, but the pilots aren't any closer to letting me in the cockpit." – Anthony Vicino
"Partner with somebody or go buy a property yourself. Probably the most efficient way to learn." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
If only there were a time machine that would let us go back and warn ourselves of the common mistakes newbies make when they first invest in real estate.
And because time machines don't exist... yet... we're going to give you the next best thing.
Dan is going to go through and list out the top mistakes to avoid when you first start investing in real estate.
How do you avoid losing money on a lousy tenant base? Where do you find the help to run the operations of the business, once you've closed on the deal?
Find out on this week's bonus episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"The first thing I wish I would've appreciated more was that you cannot change the location of a building. No matter how much you fix it up, it's still gonna be on the same block and in the same neighborhood." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
First and foremost... we don't like the term "financial freedom".
It's overused and abstract. Our definition of financial freedom could be vastly different from yours.
Regardless of what term you use... financial freedom... post money... etc. How do you get to place where your money is making money for you?
The answer... Cash-Flow.
But more importantly... what does your life look like once you get to that point? Will you be truly happy?
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Every industry has annoying trends.
There's always somebody out there... doing something that just gets to you. Something that really gets under your skin.
For today's episode, we just need to vent. So here's what grinds our gears.
Operators that churn through deals REALLY quickly, just so they can juice up their IRR's.
Find out more on this episode of Multifamily Investing Made Simple, In Under 10 Minutes.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
If only being successful were simple... if only there were some sort of guide...
In the last 4 years, we have grown our portfolio to over $70 million. How did we do it? These 5 Simple Truths have led us on our journey to success in real estate investing. And we want to share it with you.
Consistency, discipline, self-control, accelerated timelines, and curiosity. These 5 things are our simple ingredients that combine to create the complex dish that is Success.
So what exactly do we mean?
Find out on this week's bonus episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"Doing a hundred pushups every single day for the next five years is gonna serve you way better than sitting down and just doing 10,000 pushups right now." - Anthony Vicino
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
If you are thinking of investing in real estate you NEED to listen to this episode.
We always say that investing in real estate can be easy... and it is. But, sometimes it can be a lot more costly than you imagined.
There are many hidden costs of investing in real estate that new investors don't know about.
So, in this episode, Dan and Anthony are going to give you a breakdown of all the hidden expenses that come with investing in real estate... both from the passive investor perspective and the operator perspective.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
So, you're purchasing your first investment property... and there's some work that needs to be done.
If you want to get your rent up to the comp's in the area, you're going to need to add some value to the property, or the units.
You can update the kitchen or bathroom. Maybe you need to replace the carpet? Or you might just need to fix that leaky faucet.
You might be thinking... "Hey, I'm pretty handy. I bet I could do all of this myself". Well, that might be true, but is it worth it? When is it truly cheaper to DIY a value-add project? Or should you just hire out and get the project done fast?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes!
Tweetable Quotes:
"You're gonna learn some valuable skills that can serve you in the future as you're hiring out to vendors and whatnot. But you're not going to be able to scale that way."– Anthony Vicino
"There is an argument to be made that DIY is a really great way to get started, because it changes the risk profile. It's less capital outta your pocket." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Interest rates are a hot topic right now. They are on the rise... and have been for over a year.
And the FED is already talking about raising rates another quarter point... so things might feel a little helpless right now.
But, within any market, good or bad, there opportunities for a good deal to be made.
It all comes down to the debt.
Here's what you need to look for when taking on debt:
Your Debt Terms, Optionality, and Long IO periods.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"I can keep as much of my cash flow for as long as possible and without dipping into my reserves without dipping into my CapEx interest, only periods allow us to do that." - Anthony Vicino
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
At this point… you’ve heard the news about the Silicon Valley Bank failure, and the bank run that occurred over the weekend.
This is BIG news… this is the 2nd biggest bank failure in US history. This is historic. But… what does this all mean? Does this have any effect on the real estate industry?
Honestly, probably not.
However, in this episode, Dan and Anthony are going to dive into the SBV bank failure, and what caused it. And more importantly, what you, as investors and operators in real estate can do to avoid this situation.
Also… what does this mean for interest rates in the future? All of this and more on this week’s episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Tags: investinvestinginvestor
It's that time of year, Tax Season.
So for today's episode, we come to you with a story. A while back, we were working on a deal and had an investor come to us with a problem...
They needed roughly $200,000 in depreciation... that's a hefty tax benefit and hefty goal. Well, we figured it out. Not without the help of multiple CPA's of course! We are not tax experts after all.
Join us as we discuss the tax benefits of depreciation, and how being a limited partner or a general partner factors into the benefits.
Find out all of this, and more, on another episode of Multifamily Investing Made Simple, in Under Ten Minutes.
Tweetable Quotes:
"We can be flexible and come up with a solution. That's one of the great things about being a small scrappy company. We can find a way to make the deal work."– Anthony Vicino
"You can do one or two deals a year that you're doing as a JV, just for that depreciation, and then do a bunch of other LP stuff to actually make money on." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Cash-Flow is the lifeblood of any good investment.
Sure, a one-time payout is nice... but wouldn't it be great to have your investment produce some cash while you wait for that big payout in the end?
This is where real estate investing comes in. Nothing churns up cash-flow like real estate. BUT... there are killers lurking out there. Here are the top 4 biggest, baddest cash-flow killers.
Cap-Ex
Turnover's
Vacancies
High Costs
How can you avoid these killers, and keep your cash-flow thriving?
Find out on this episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Tags: investinvestinginvestor
Do what we say, not as we do.
In this episode, Dan and Anthony are going to give you advice that you should NOT take. Again... we do NOT recommend you emulating this.
Sure... it worked out pretty good for them, but looking back, Dan and Anthony highly recommend not following in their footsteps.
Don't put all of your eggs in one basket, don't invest all of your money, don't diversify, and don't grow too quickly.
While they ignored all of this, and it ended up working out pretty well... it's not a good idea for you to try it yourself... why?
Find out on this week's episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Here is the biggest lie that operators will tell you. AUM. Assets under management.
We always hear operators stretch, twist, expand, and contort this number in every single way possible. It's an important metric for us. It's the total market value of our assets that we manage.
But here's the tricky part... the definition, the very formula to get your AUM, changes person by person. So one operator's AUM may look very different than another's, based on how they're valuing their assets.
And because of this lack of uniformed definition, many operators will take advantage of you by inflating their AUM stats.
In most cases, operators that do this... aren't technically doing anything illegal... but it's definitely questionable, and sets a bad example for their transparency.
A lot of new investors and operators fall prey to this tactic, they want to seem legit, so they will boast HUGE AUM numbers.
The only way to weed your way through these kind of operators... is to simply ask more questions. What questions exactly?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes!
Tweetable Quotes:
"What's interesting about this term, assets under management, is that there's two opportunities for people to lie, both assets and then management. "– Anthony Vicino
"Most of the time when you hear people referencing AUM, it's a bit of a flex because in real estate, numbers are always a big deal." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
When you break it down... there are ONLY 2 ways for people to invest in real estate.
You either do it yourself, or you find someone to do it for you.
A lot of people don't conisder the work and effort required to be an operator. In fact, finding the deal, and finding the capital for that deal... that's the easy part.
Nobody thinks beyond that. Once you close your deal... you have to manage that property.
But... there are options out there for those of you looking to get into real estate investing, without all of the work.
In this episode, Anthony is going to discuss the multiple ways to invest in real estate, and the work required in each. Some might sound more appealing than others.
Tweetable Quotes:
"The way I see it there are two ways to invest in real estate. You either do it yourself, or you get somebody else to do it for you." - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
It's finally happened... the Midwest Multifamily Rent Growth has stepped into the ring... and taken the belt!
After the volatile couple of years that the multifamily market has seen, the Midwest market has stayed true to it's form, STABILITY.
Covid-19 brought unprecendented levels of... everything. And we're still seeing it's effects. But, the Midwest Multifamily Rent Growth has seen far less of a dip than it's competing regions.
In this episode, Dan and Anthony are finally back in the studio together to give their Tepid-Takes on the recent news in the Minnesota real estate industry.
So, find out what's going on in this episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Dan was out of town this weekend, and unfortunately we weren't able to record a new episode...
BUT... to make it up to you all, we are going to give you something special... the key to maximizing your return on life.
For those of you who don't know, Anthony hosts another podcast, Amplified Impact. Where he helps you get the most out of your life, both personally and professionally. And we wanted to share the first episode with you all here.
In this episode, Anthony discusses the importance of delegating, and how to avoid its pitfalls.
If you want to hear more Amplified Impact, you can find more episodes on iTunes, Spotify, or wherever you listen to your podcasts.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
If you want to invest in real estate, but you don't have $50K to invest in a syndication... where do you turn?
A lot of new investors are looking at crowdfunded real estate investing platfroms, like Fundrise...
But not a lot of those investors know the risks invovled when investing with these platforms.
On the surface, they seem like a good idea. Who wouldn't want 12% returns on their investments?! But that 12% doesn't include the massive amounts of fees included, not to mention the additional tax costs.
So, before you throw any money into a crowdfunded real estate investment, you should know the risks involved.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Grant Cardone, the famous self-help guru and real estate investor, has recently found himself embroiled in a series of scandals that have cast a shadow over his business practices.
In a recent class-action lawsuit, Cardone and his company, Cardone Capital, were accused of misleading investors about the potential profits they could make by investing in his deals. Although Cardone advertised returns of 15%, investors reportedly only received 3-4% returns on some of the deals.
But that's not all. As these lawsuit roll out... there will almost certainly be more shady practices uncovered...
One example is the way Cardone has allegedly front-run his investors on his deals. He purchases a building with his own money first and then raises capital from his investors at an inflated valuation.
What's more, Cardone also charged his investors interest for the period from when the asset was purchased to when he raised capital from his investors, on top of the usual fees that all syndicators charge.
In this episode, we take a deep dive into the Grant Cardone scandal and examine the evidence behind the allegations.
Anthony is gone this week... and you won't believe where... Antarctica! So the podcast is being held down by Dan.
And next week, Dan is going to be out of town... so Anthony and Read will be hosting... tune in to see what's in store.
Tax season is closing in. Which means it's the perfect time to go over the amazing tax benefits of real estate.
In this episode from the vaults, we have a story from a deal we were working on a while back. We had an investor come to us with a problem...
They needed roughly $200,000 in depreciation... that's a hefty goal. But, we figured it out. Not without the help of multiple CPA's of course! We are not tax experts after all.
Join us as we discuss the tax benefits of depreciation, and how being a limited partner or a general partner factors into the benefits.
Find out all of this, and more, on another episode of Multifamily Investing Made Simple, in Under Ten Minutes.
Tweetable Quotes:
"We can be flexible and come up with a solution. That's one of the great things about being a small scrappy company. We can find a way to make the deal work."– Anthony Vicino
"You can do one or two deals a year that you're doing as a JV, just for that depreciation, and then do a bunch of other LP stuff to actually make money on." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Sure, rates are on the rise... but lets get real for a second...
Rates were 2, 3, 4% and now they're going up to 5, 6, 7%... that's still historically pretty low. So when we take a BIG step back and look at the market... rates might not actually be that scary.
Now that you're calmed down just a bit, let's talk about how to use leverage when rates are on the rise. What do you look for when taking on debt?
Your Debt Terms, Optionality, and Long IO periods.
So, what does that all mean?
Find out on this week's bonus episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"I can keep as much of my cash flow for as long as possible and without dipping into my reserves without dipping into my CapEx interest, only periods allow us to do that." - Anthony Vicino
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Development is out and conversions are the new black. At least according to the recent numbers.
We're coming into this episode lukewarm with another series of tepid-takes.
There's been a lot of news revolving around the month to month decline in new multifamily developments...
And there's an ever growing trend of office space conversion into multifamily units. People have to live somewhere... and if you aren't going to build new buildings, might as well convert an old one.
It's important to remember to look at the bigger picture. There are so many sensational articles being put out everyday on the current state of the market. But a month to month decline in developments is not going to be the best indication of a market's status. So this news could be nothing...
We also cover the recent real estate drama surrounding Elon Musk and Twitter. What do you do if a billion dollar company doesn't pay their rent...
Find out on this week's episode of Multifamily Investing Made Simple!
Tweetable Quotes:
"Here's a secret, guys... The check's never in the mail."– Anthony Vicino
"There are a bunch of projects that have been going on while interest rates have been rising. But as new projects are about to start, a lot of developers are saying, hey, no, this doesn't pencil." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
There are many obstacles that new investors face when they begin their real estate investing journey.
Anything from finances, education, to simply just not knowing the right people. It can be very daunting for people to start investing. Real estate investing is misunderstood, and people tend to overcomplicate the process.
That's not to say that it's easy... because it's not. It just doesn't have to be complicated. BUT... you will face several obstacles when first start.
In this episode, Dan and Anthony will give what they believe are to be the BIGGEST obstacles that you will face when you begin your investing journey.
Tweetable Quotes:
"I think a lot of people just assume like it's beyond them. I think that the hardest first step is really just believing that you can get involved."– Anthony Vicino
"One of the biggest misconceptions that new investors have is they believe that if they can just find the deal, money just shows up for it." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
What's the most important question to ask yourself before going into a real estate deal?
No, it's not how you're going to raise capital, or how the roof of the building looks, or even the underwriting...
The first and most important question you need to ask yourself is... how the heck am I getting out of this thing? It's absolutely key that you have an exit strategy in mind when going into any deal.
So, how do you come up with this exit strategy?
Find out on this week's bonus episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"You might not agree with our number, but the problem is that there's no seller out there. Who's gonna be able to pay this because they're not gonna be able to get debt unless they're very, very rich. And they're planning on buying this building in all cash. That's the only scenario." - Anthony Vicino
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
A desperate seller is a dangerous seller... so can you tell when a real estate seller is desperate to get rid of their property?
In this episode, Dan and Anthony will list the top red flags that you, a buyer, need to keep an eye out for when purchasing a property.
A desperate seller will do everything they can and pull out all of their tricks to offload their property onto an unsuspected buyer. Here's what you need to look out for...
Keep an eye out for clingy sellers... if they're giving you a call everyday checking in on your interest... there might be something up.
Watch out for super flexible sellers... if they're flexible on the price and the timing... what motivation is there for them to sell?
There are many red flags that you need to keep watch for, so listen in and let us know if you've ever had a run in with a desperate seller.
Tweetable Quotes:
"I think one of my favorite quotes is that diversification is a hedge against ignorance."– Anthony Vicino
"So you don't want to get too hyper focused on one thing and just get too focused. You've gotta look at big picture and micro. . Look at it all." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
The tax benefits of real estate investing are one of it's most attractive aspects. And we've spoken about these benefits many times... but... how much do passive investors benefit?
In the last week we hit an Apple Podcast Review milestone, and we were pretty excited about it... until we saw the most recent review.
It wasn't our typical 5 star review... but they did bring up a good point! In one of our previous episodes, we discussed the tax benefits of real estate investing and how depreciation played a role in those benefits.
The person who left the review brought up a good point that we didn't cover... depreciation recapture.
So, in this episode, to get that 5 star review, we are going to discuss depreciation recapture and how much passive investors actually benefit from the tax incentives of real estate investing.
Tweetable Quotes:
"You'll hear people talking about how the tax benefits are are fantastic, but in reality, if you're a passive investor, they're good, but they're not fantastic."– Anthony Vicino
"We are not CPAs and so we specifically talk high level about concepts and we don't get into the nitty gritty." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
How do you increase the revenue of your rental property?
Well, you could raise the rent... that's pretty obvious though. In this episode, Dan dives into 10 ways to increase the revenue of your property.
This is a really important question that every operator has to ask themselves. Because you're not only increasing your cash flow, you're actually increasing the value of your property.
It's a win-win situation. Another area people tend to overlook, is cutting expenses. Sometimes the dollar you were looking to make... is actually a dollar you can save. So, what are 10+ ways to increase the revenue of your property?
Find out on this week's bonus episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"It's not all about the cash flow, here's the catch... A dollar saved is worth more than a dollar earned." -Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Finances are the back bone of any deal, and they can make or break your deal. So it's important you have your finances structured properly.
And when we say finances, we're talking about both sides, both debt and equity. Your mortgage from the bank, and any capital that you need to raise.
So, how can finances kill your deal?
From unforeseen loan qualifications to a lacking network, it can be very difficult for new investors to properly structure the financing of their deals.
Tweetable Quotes:
"You might know of all these big rockstar investors and other operators in the in the field, but if they don't know you and your track record, and like they understand what you're bringing to the table... they're not gonna bring you money."– Anthony Vicino
"So much of the commercial lending space is not black and white, there is no consistent rule of thumb for what your net worth need to be. It changes from lender to lender." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
A lot of new real estate investors spend their time learning the process... which is great. How do you structure deals, where do you find the capital for your deals, debt-terms, cash-out refi's, syndications, etc. etc. BUT...
When it comes to actually finding the property that you're going to purchase... you might have to do a little searching... off-market.
Sure, there are options out there, similar to Zillow, where you can find public listings for multifamily properties. But, chances are... if you're seeing these deals online or through an app... it's already been looked at, and turned down, by several other operators.
In this episode, Dan and Anthony are going to take you behind the scenes and pull back the curtain on off-market deals. Off-market deals are where the real real estate business is done.
So what's the best way to find your next investment property?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 1o Minutes.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"My point here is that you don't find off market deals. You make off market deals because it's all about timing." -Anthony Vicino
"Because truly the best way to find those off market deals is to have curated, really strong relationships with sellers over years." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Growing your real estate portfolio can be really hard. And there are often a few misconceptions when it comes to the amount of work required.
People often underestimate the amount of work it takes to BUILD your portfolio...
And then they overestimate the amount of work it takes to MAINTAIN your portfolio.
There is a murky middle area that you don't want to get stuck in. Where you're not putting in enough work to actually grow your portfolio, and you're putting in too much work to simply maintain it.
This middle area is kind of a death zone for a lot of real estate operators. It's very easy to get burned out because you won't see the results you're looking for. You'll eventually run out of energy.
But...
If you allocate your energy properly, in both the building and maintaining stages, you can scale your portfolio fast!
So, how do you build a real estate portfolio?
Find out on this week's bonus episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"People underestimate how much work it requires to get big and get that growth. But they overestimate how much work it takes to maintain that level." - Anthony Vicino
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Return projections can be a fickle thing. There is a lot that goes into them... data, figures, numbers... and they're almost always wrong.
However, here are the 3 things that you NEED to know about return projections.
Returns almost never...scratch that... returns NEVER meet expectations. A proforma is, at it's most basic level, just a guess into the future. Even the most finely tuned budget in the world is... really just a best guess.
But knowing these 3 things can help you make a more accurate guess.
1) Interest Only Periods
2) Winter
3)Uh-oh's
So, what do we mean by this? How do winters effect your return projections? What is an uh-oh?
Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Value-Add is one of the best, most stable models of investing in real estate.
Let's break this down just a bit. In multifamily real estate, your property is valued by the profit it makes... so rent. Therefore, the more rent you bring in, the more profit, and the more profit... the higher your property is valued. It's a win-win.
But you can't just go and in raise the rent all willy-nilly. No, you need to add value to your residents and your property. And there it is... the value-add model.
Alright it's definitely more complex than that. For example, HOW do you this? Well, Anthony and Dan will do you one better, in this episode, they will give the BEST ways to add value to your property.
So, what is the best value-add strategy?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Getting started in real estate investing can be overwhelming and intimidating. A lot of people don’t realize you can get started…with little to no money.
There is a common misconception that you need a lot of money to get into the real estate market, whether that’s single family or multifamily.
This is simply not true. There are so many options available to you, that will help you with your first deal.
In this video, Anthony discusses unique loan and mortgage options for those who need a bit of help in the capital department. From FHA loans, to down payment assistance programs… there are options out there to help you get started TODAY.
So, how can you purchase your first property… with no money? Find out on this episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
This week Anthony is breaking down return metrics... but you've probably never heard of these metrics!
ROI... return on investment, right? Not today. In this episode, Dan and Anthony will go through 5 unconventional return metrics and why they are so important when working in the real estate investing industry!
ROT- Return on Time
ROK- Return on Karma
ROE- Return on Energy
ROI- Return on Impact
ROR- Return on Reputation
All of these are key to multifamily real estate investing!
Tweetable Quotes:
"Reputation is one of those things that. takes years to build, and seconds to tarnish."– Anthony Vicino
"Our goal is basically just to walk around all day long and just help everybody around us every way we can." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Recently, Anthony guest starred on the podcast The Origin Story, hosted by Logan Manzanares and Sam Singh.
The Origin Story connects and explores today's top entrepreneurs and how they got started in their industry.
In his episode, Anthony discusses how he shaped his ADHD into Hyperfocus. This episode of Multifamily Made Simple highlights some of the key parts of the episode.
Please go check out Logan and Sam's podcast, The Origin Story, to hear the full episode. You won't want to miss it!
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"If nobody else would help me, and hold me accountable, and move me towards greatness... well then it was on me to do it." - Anthony Vicino
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
At Invictus Capital, we don't like to sell our property... here's why:
We like to hold our assets for longer, rather than churn through deals quickly. A lot of groups like to buy and sell quickly.
Here's the deal... we would rather own a building, with cash flow, that's worth a $1 million than have $1 million in our bank account... why?
Find out on this week's bonus episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"I would rather own a building, with cash flow, that's worth a $1 million than have $1 million in our bank account." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
In today's episode, we're diving into more breaking headlines in the real estate industry.
Dan and Anthony are given a list of 5 pieces of recent real estate news, and they give their opinions... out of context.
What does dropping lumbar prices mean for development? Why would the University of California invest $4B in Blackstone?
And, they also share their connection to a national story... Christian Lawrence and his modular commercial real estate construction.
Find out all of this and more real estate news in this episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"When it comes to offsite modular manufacturing... as soon as we can get those scales of efficiency on the manufacturing line, you could see these costs dropping really rapidly. But until we see those costs drop rapidly, I don't think people are generally gonna mass adopt this."– Anthony Vicino
"It's tough for them because no one's taking out any new debt. And if you know any mortgage brokers in the residential space, I mean, 90% of the money that they make is from refinances, which are pretty much just not happening." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
How do you know if you are ready to scale your real estate investing?
Do you have a triplex or a quad, and you're thinking about scaling up to a 10 unit? How do you scale up from a 50 unit to a 100 unit building?
In this episode, hosts Anthony and Dan discuss how to know when you're ready to scale up your real estate portfolio. They share their personal experiences with scaling quickly and the importance of having systems and processes in place before expanding.
How do you manage your new properties? Are you raising the capital yourself?
Tune into this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes, for valuable insights on how to successfully grow your real estate business.
Tweetable Quotes:
"If you don't have your systems identified right then... you're gonna have a very hard time making whatever jump that you're trying to make, because the system that got you here is not gonna work to get you there."– Anthony Vicino
"I think doing more than a double in a year is probably gonna be a bit aggressive for most people." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Today's episode comes from the vaults.
This is one of THE best parts of real estate investing... depreciation.
But what the heck is depreciation, and how does it work?
We all know that real estate is a great investment vehicle. We've said it a thousand times on this podcast. It's a hedge against inflation. It's a cash-flow producing asset.
The depreciation, and specifically the tax benefits, are the main reasons that the wealthiest people in the WORLD are invested in real estate.
So what exactly is it?!
Find out on this week's bonus episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"The depreciation and specifically the tax benefits of real estate are one of the reasons that a lot of people love it." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
2023 is here, and we have the step by step guide for real estate investing in the new year.
If this is the year you've decided to finally invest, then we've already done all the work for you. All you'll need to do is follow this guide. Whether you want to passively invest, or actively invest, we've laid out the road ahead of you.
Here's one important note for you... this is not going to be easy. Real estate investing is needlessly complicated, and that scares a lot of people away from it. But we've made it as simple as possible. But that does not mean it will be easy. There is a lot of work involved, and it takes time.
Real estate is a long-term game. BUT... if you've been thinking about it for a while now, this is the time to start!
So listen in to hear our step-by-step guide to real estate investing in 2023.
Tweetable Quotes:
"I've never seen a mentorship mentee relationship where it started because the person said, will you be my mentor?"– Anthony Vicino
"It'll take a lot of underwriting before you're able to look at a deal. and feel confident." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
We get this question a LOT. What is the difference between a syndication and a joint venture?
It's an important question, because the answer could help save your deal, your investors, and yourself!
When structuring a deal, the best way to tell if a syndication or if a joint venture will work is to use the Howey Test. This can help determine whether a deal should be classified as a joint venture or a syndication. But you have to be careful, because there are potential consequences of not following these rules.
We cannot emphasize enough the importance of being aware of the legal requirements in order to protect oneself and one's investors in the event of any issues or disputes.
So, what is the difference between a syndication and a joint venture?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes.
Happy New Year! We hope everyone has a good holiday. Tune in next week to hear Dan and Anthony's best plan to get started in real estate investing in 2023.
Tweetable Quotes:
"As soon as the investment starts to falter, you don't make the money that you thought you would... An investor can get upset and then they go to get litigious. Then you're really in some hot water."– Anthony Vicino
"When people are brand new, they're usually doing deals that are a little bit on the smaller side. And what you'll notice is there's a pretty big difference in the cost for legal for a syndication versus just an operating agreement." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
2023 is upon us. It's the start of a new year. And if you aren't already invested in real estate, this is the year for you!
Here are the top 3 education resources to help you get started on your real estate investing journey.
1) The Fort by Chris Powers
This is a YouTube channel and a podcast hosted by Chris Powers. Chris is the founder of Fort Capital, a commercial real estate investment firm that has now amassed almost $2B in assets across Texas, Florida, and Tennessee.
2) Bruce Kirsch and REFAI.
Bruce Kirsch is the founder of the REFAI certification program. This is an excellent crash course on real estate investing, and its highly desirable certification for those looking to add to their resume.
3) Bruce Peterson and his book, Syndicating Is A Bitch.
If you’re interested in real estate investing, you know what a syndication is. And this book is a GREAT resource for you. Bruce Peterson is a leader in syndications. And in his book he provides a lot of information that you’re not going to hear from other resources.
Tweetable Quotes:
"We have created THE guide for you. We help you build generational wealth, additional passive income streams, AND reduce your yearly tax burden. "– Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
We are going to try out a new segment in this episode. Every week, Dan and Anthony will give their "tepid takes" on the latest news in the world of real estate investing. Or investing in general... ahem... Tesla stock crashing...
The idea is for the two of them blindly react to 10 or so headlines, and give their tepid takes on the news.
In today's episode, we cover Blackstone's withdrawal limit, the Minneapolis commercial real estate market, the recent sale of a $250M Twin Cities real estate portfolio, and of course... the 3rd largest bail set in U.S. history for Bankman-Fried.
So, what's going on in the world of real estate? What's new? And what are our tepid takes?
Find out on this week's episode of Multifamily Investing Made Simple.
By the way, in this week's episode, Dan and Anthony went old school and recorded from their home offices. In case you're not from Minnesota... this past week we've all been snowed in. We'll be back in the studio recording next week!
Tweetable Quotes:
"The pursuit of excellence is a grind. It's exhausting. And sometimes you keep setting that bar higher and higher and you just think, you know, it would be nice if we just take that bar and put it on the ground for the day."– Anthony Vicino
"Residential, across the board, is undersupplied. There's a huge shortage of residential units and a huge surplus of office units. So, yeah, it wasn't so expensive to re convert. It'd make a lot of sense just to swap them over." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
We have some exciting news here in Minneapolis. The city was ranked 10th in absorption in all of the US in Q3 of this year.
What does that mean exactly? Well, of all the new units developed this quarter, a majority of them were successfully absorbed into the market. Instead of remaining dormant.
This is a great sign of a thriving market, as it is an indication of the market's supply and demand balance.
So, what does it mean for a city's real estate market to have a high absorption rate? And what does that mean for Minneapolis?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes.
Tweetable Quotes:
"We live in a pretty moist market. We have absorbed as much as we can. We're super saturated. It's damp, it's clammy. Great market to invest in though."– Anthony Vicino
"So high absorption's great, but you wanna keep an eye on it because as soon as it starts to be less great... that could be an early sign that there's a, a turn coming." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Are you a new real estate investor looking to network and gain connections in the industry?
Meetups can be a great opportunity to do so, but it's important to avoid making certain mistakes.
In this video, Anthony discusses the top mistakes to avoid at your first real estate investor meetup, including showing up without a plan, not bringing value to the table, not having a specific asset class in mind, and succumbing to imposter syndrome.
Learn how to make the most of your meetup experience and build a strong network that will support you throughout your investing career.
Check out our book, Passive Investing Made Simple, or listen to our podcast, Multifamily Investing Made Simple, for more tips on multifamily investing.
Tweetable Quotes:
""An investor's network is incredibly valuable. It can be worth more than their actual portfolio.""– Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
In this episode of Multifamily Investing Made Simple, we explore the ways in which artificial intelligence (AI) is set to revolutionize the world of real estate investing.
We delve into the potential future applications of AI in real estate investing, such as the use of virtual assistants to help with property management and the possibility of using AI-powered algorithms to predict market trends and identify profitable investment opportunities.
We also discuss some of the potential challenges and drawbacks of relying on AI in the real estate industry, including the need for proper regulation and the potential impact on employment.
Overall, this episode offers a comprehensive overview of the ways in which artificial intelligence is set to shape the future of real estate investing, and how investors can prepare for and leverage these changes to their advantage.
--- Alright, are you ready to have your minds blown? I actually used ChatGPT to write this episode description, and to find this week's tweetable quotes! I'm telling you all, this is going to change the world.
Tweetable Quotes:
"A month ago if you'd asked me, I'd have been like, we're really far away from AI having a meaningfully impactful. I've completely changed my tune after what I've seen, and I'm scared."– Anthony Vicino
"The tough part now is that there's, it's not entirely accurate all the time, and you might not be able to spot the inaccuracies if this is creating something for you that you don't fully understand yourself." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Today is your lucky day... you're inheriting a $10M real estate portfolio.
Lets say an estranged uncle of yours has passed away, and you're the next of kin. He has left you his entire $10M real estate portfolio... what now?
One of the first things you need to do is decide if you want to be involved in real estate at all. Looking at a $10M portfolio, depending on the class and doing some estimation here... that's about 70-100 units. That's quite a lot of units and residents to manage, especially if you have ZERO interest in real estate.
So, naturally you sell it right? Well if you do this, there are certain tax implications you'll want to keep in mind. Well, what if you want to keep it? Are the properties already being properly managed? What kind of work will be required of you, the new owner?
Whether you want to sell it, or keep it... your life just a got a bit more complicated. So, what do you do if you inherit a $10M Real Estate Portfolio?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes.
Tweetable Quotes:
"If you're listening to this and you're in the situation and you're like, what do I do with this? Talk to your CPA and try and figure out how maybe the 1031 could actually help."– Anthony Vicino
"I'd say keep it. Let it ride. Get the cash flow. Use it as an asset. You can extract equity through a refi at some point." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
There's been a lot of news lately about investing scams. And in this episode, we want to give you the tools to spot the red flags of a real estate investing scam.
A couple weeks ago, we posted a long episode covering the Matt Onofrio story, and his alleged $35M fraud case.
That episode got a lot of traction and we thought it would be a good idea to inform you of the dangers of being an uninformed investor. So, new investors, listen up!
New and green investors are the target prey for these hucksters. And information disparity is their main weapon. We're hoping to change that.
Here are the main red flags you need to be on the look out for:
1) If it seems too good to be true, it is.
2) Using numbers to lie.
3) The power of social manipulation.
4) Story-math
With these in mind, you should have a pretty good B.S. detector going into your next deal.
Tweetable Quotes:
"Numbers can't lie, but I can make them say whatever I want them to."– Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Nothing will prepare you for that call. Your building is on fire. What do you do?
To be clear, the building as a whole is fine. But an entire unit of ours caught fire and is completely destroyed. We are extremely lucky that the damage was contained and nobody was hurt.
We've always said to prepare for the worst and be ready for anything. But even with a logistical plan in place, there isn't really much that can prepare you mentally for these kinds of situations.
Hopefully, with this episode, you all can learn from our personal experience, and better prepare yourself for anything.
So what do you do if your building is on fire? Who do you call? And what do you do once the damage has been contained?
Find out on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"It's so important to have reserves and ample operating accounts, because things like this happen."– Anthony Vicino
"It's that stuff you never think is gonna happen that, uh, that, that hurts the most if you're not prepared when it does happen." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
This week we are pulling out an episode from the vaults.
There are SO many reasons to invest in real estate. It's hard to pick the best reasons. But we've gone ahead and done it anyway!
So, if you've got some money to invest... and you're on the fence about where to put it... let us help you out.
Commercial Real Estate!
As you know, we specialize in value-add multifamily real estate... it's in the name of the podcast show you're listening to. With that said, this is going to be slightly biased toward that class of real estate investing.
Here are the top 6 reasons to invest in real estate:
- Cash-Flow
- Debt Paydown
- Hedge Against Inflation
- Appreciation
- Tax Benefits
- Illiquidity
Want to know more?
Find out on this week's bonus episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"There's a lot of investments out there, specifically stocks or crypto that you can invest in. And theoretically, it should go up in value, but you have to sit there and wait. But apartments, you get paid to wait." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Last week, interest rates dropped for the first time in a LONG time.
Sure the 30-year fixed rate only dropped from about 6.6% to 6.5%... but still a drop is a drop. Reports and experts are optimistic, they believe that we've already hit the peak of inflation, and smooth sailing may be ahead.
Now, it's far too early to predict the future of the housing market, but this is definitely a good step forward. In this episode, Dan and Anthony are going to give their opinion on what spring will bring for the market.
Dan's first answer... "Who knows?!"
But if you want to know his second answer...
Find out on this week's episode of Multifamily Investing Made Simple.
Remember, we swapped episodes this week. So if you want to hear more of Dan and Anthony, check out the long form episode that went on Saturday, where they gave a behind the scene's story on the alleged $35M fraud: the Matt Onofrio story.
Tweetable Quotes:
"I think the human tendency is that as soon as things start to go slightly good, we tend to go, "oh yeah, it's all smooth sailing from here. We're through the worst of it". And my gut does not tell me that we're through the worst of it because, it wasn't all that bad."– Anthony Vicino
"There's a lot of things that, that could change drastically. We've got this war in Ukraine, um, that could have a big impact on things either for the positive or for the negative." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Today we are taking you behind the scenes on a breaking story: Matt Onofrio's alleged $35M fraud.
This week Matt Onofrio was indicted for allegedly defrauding banks and investors of $35M. The real estate guru claimed to have the secret recipe for real estate investing. And prosecutors are claiming that the "secret" was misguiding inexperienced investors and misleading banks.
Now, this is an especially interesting piece of news to us at Multifamily Investing Made Simple... because we know Matt. Obviously, we were not, and are not, involved in this case or his alleged actions.
Dan and Anthony knew Matt before he even got into the real estate game. This was a man who told them his goal was to have a net worth of over $1M, and not a few years later claimed to be worth over $150M.
His whole rise to fame and success never quite added up to Dan "the numbers" Man. And now it appears to all make sense.
So, listen in for a behind the scenes perspective on Matt Onofrio's Alleged $35M fraud, on this week's episode of Multifamily Investing Made Simple.
And yes, usually today's episode is under 10 minutes... but we thought we would make an exception given this news.
Tweetable Quotes:
"Getting the seed is like the relationships with lenders, brokers, sellers to like get the deal. And then when I think about the growing, that's when I get to like the operations side, I guess I start thinking about like property management.."– Anthony Vicino
"I'm the type of person where everything needs to add up, and I get really frustrated when things don't reconcile. It just drives me nuts." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
What is the best way to find investment opportunities?
Well, first you need to know your market. This is key.
You need to do A LOT of research on the macro side before you can start diving into the micro side.
Take a look at the market you're interested in, and start learning as much as you can. Look at the market history.
Once you have a good idea of the market you're interested in, you need to look at yourself.
Yes... you need to do a little self-reflection and understand what kind of investor YOU want to be.
Once you have these two elements down, then you can start executing on investments.
So how do you find the best investment opportunities? Find out on this episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Today we are doing the impossible.
They said it couldn't be done... but we are going to grow a money tree.
Now, this tree isn't going to sprout literal money... and it isn't actually a tree... BUT we are going to give you the growing kit for your very own "money tree".
So what do we mean by this?
This idea came to Anthony where all good ideas manifest... the shower.
The idea of filling your life with MMA's is key if you want to achieve wealth. MMA being Money Making Activities. And what is better at making money than a money tree?
Well first, like any kind of tree, you need to plant the seed. Generate the idea, and then master your idea. You need to find the right type of seed because it has got to be perfect.
Then you plant it. Now what?
Well, you need to nurture it. Water it. Take care of it. The same goes with your MMA. You need to nurture your MMA, you need to grow it.
Last, and this is our favorite part, you pluck the fruits of your labor. AKA you make your money!
So there you have it, a growing kit for your very own money tree.
Listen in this week as Anthony and Dan dive deeper into how you can grow your very own money tree, and maximize your money-making activities.
Tweetable Quotes:
"Getting the seed is like the relationships with lenders, brokers, sellers to like get the deal. And then when I think about the growing, that's when I get to like the operations side, I guess I start thinking about like property management.."– Anthony Vicino
"Reading or consuming some sort of educational content will definitely pay dividends later at some point." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
It's a nightmare scenario... an investor in your real estate investment deal gets cold feet.
This is an area of risk that you need to be prepared for, especially if you are a newer investor, without a long track record.
So what happens if an investor backs out of your deal?
The best thing you can do is to be prepared. You have to first understand the main reasons an investor would back out. Think from their perspective.
More often than not, something changed in their lives and that capital is no longer available for them to invest. It can be hard not to take that personally, but this is business.
Next, you have to think about your deal. Can it be salvaged? Where are you going to find another investor?
We answer all of this, and more, in this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ct
Debt is bad...
That is B.S. Don't believe whoever told you that.
Not all debt is bad... in fact, there is such thing as good debt.
And the wealthiest people on earth continue to make their wealth through the use of debt.
They use GOOD DEBT. But how do they distinguish between good debt and bad debt?
Well if you're taking a loan out to buy a fancy new car... you're doing this wrong.
In this episode, Dan is going to break down the perfect situation in which you want to be taking on debt.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
So you're buying your first property?
Maybe you're house-hacking... maybe you're investing in a quad, trying to build some equity in your property.
We are 300+ episodes into this podcast now... at this point, you must have heard a little bit about our first properties at this point.
But in today's episode, we want to dive into our thought process on investing in our first real estate deal...
And... what if we could go back in time? What would we change about our first properties?
Find out on this week's episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
How do you win a bidding war in real estate?
Honestly, this is not a situation that we've found ourselves in too many times over the years.
The first way to avoid a bidding war is to find buildings where you're not bidding against other people. How?
You find off-market deals. This is especially easy when you have a solid network built in the industry.
There are many creative solutions to win a bidding war. And in our experience, it's best to see if you can try to form some sort of partnership with another buyer.
In this week's episode, we breakdown the times that we've been in the middle of bidding war.
How do you come out on top?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ct
Warren Buffett is wrong about real estate investing.
We know... that's a pretty bold statement. Warren Buffett is known as one of the world's greatest investors. He is a titan.
But there's one industry that he doesn't like to touch... real estate.
Well we took offense to that. Why doesn't Buffett like to invest in real estate?
Find out in this episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
As General Partners, it's pretty rare for us to get questions that we haven't heard before. And there are definitely questions that you, an investor, need to be asking your GP. Because there are things that your GP may not be telling you.
This isn't to say that they are withholding information... only that there are important answers to some difficult questions.
For example... what happens when you die? No... not if there's an afterlife or anything like that. But seriously, what happens if the GP dies? What would happen to the asset? Is there a plan in place if, god forbid, something terrible were to happen to the General Partner?
These are difficult questions. And more often than not, a GP will not lead with these questions in their pitch. But as difficult as they are, it's essential that you ask them.
So, what are 3 things your GP isn't telling you?
Find out on this week's episode of Multifamily Investing Made Simple!
Tweetable Quotes:
"I don't hear anybody really asking this question on the bigger syndications, where there's maybe like six groups and you're like... what happens if they die?"– Anthony Vicino
"You can regulate it without it [crypto] being centralized. I think the problem is the assets themselves are fine. It's the firms who you're trusting to transact on your behalf. Those are the bad actors." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
What is the fastest way to make money in real estate?
It's important to first ask... can you actually make fast money in real estate. This is a more complicated question than you would think.
Yes, you can make fast money in real estate. But here's where it gets tricky...
If you want to make fast money... you probably don't want to own any real estate.
How does that work?
Find out on this episode of Multifamily Investing Made Simple, In Under 10 Minutes!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Is the short-term rental market crashing?
No.
Will it crash?
Nah... probably not. "Crash" is a pretty harsh word.
But, it might be heading that way. The short-term rental market is suffocating itself. Yes, it's booming right now. But like any new market, it eventually balances out.
So, what does the future of the short-term rental market look like?
Find out on this bonus episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"We stay in multifamily because it's a proven, time-tested, resource that everybody needs."– Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
We made it! 300 episodes of Multifamily Investing Made Simple. That's a LOT of episodes, and while we are right 99% of the time... we may have gotten some things wrong in the past.
John Maynard Keynes said, "when facts change, I change my mind". We've been doing this podcast for quite a while now, and the facts have changed on certain topics.
So, in this episode, Dan and Anthony look back on 300 episodes, and... reluctantly... see where they were wrong about real estate investing. It's not a lot.
Thank you to all of you who support this show. We hope you have learned something, and that maybe... just maybe, we've made multifamily investing... simple!
Tweetable Quotes:
"It's important that things are simple, but not too simple. There comes a point where if you oversimplify you lose the resolution necessary to be able to make out what the picture clearly is."– Anthony Vicino
"Focus on the stuff that you understand extremely well and put all your time and energy into that." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
"Buy the dip!"
You hear this advice a lot from people, especially in times of economic hardship. Even Buffett says that when others are scared, you should be investing.
And it's pretty good advice, right? When things are down, that's when you get in. Because... things will eventually go back up right?
Well... does this apply to real estate? When things are murky, and the economy is a little bit up in the air...
Can you buy the dip in real estate investing?
Find out on this episode of Multifamily Investing Made Simple, In Under 10 Minutes!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
How do you increase the revenue of your rental property?
Well, you could raise the rent... that's pretty obvious though. In this episode, Dan dives into 10 ways to increase the revenue of your property.
This is a really important question that every operator has to ask themselves. Because you're not only increasing your cash flow, you're actually increasing the value of your property.
It's a win-win situation.
Another area people tend to overlook, is cutting expenses. Sometimes the dollar you were looking to make... is actually a dollar you can save.
So, what are 10+ ways to increase the revenue of your property?
Find out on this episode of Multifamily Investing Made Simple.
Nobody said real estate investing was easy... in fact, we've always said that it's no walk in the park. We always warn new operators of the perils of real estate investing. The risks are high... but the rewards are oh-so-sweet.
When you invest in real estate you can break the bank and win big, but all too often the bank breaks you and you end up broke.
In this week's episode, Dan and Anthony list off the top 6 ways that real estate investors go broke. And it's easier than you might think!
How long can you afford to bleed money? What's the bare minimum of cash flow that you can afford in property? How well do you assess risks?
Find out on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"Insufficient cash flow I think is probably one of the top reasons a real estate investor is likely to go broke."– Anthony Vicino
"I hate losing money. and sleep. I like money and sleep and I don't wanna lose either." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
This week Dan and Anthony are going to play a real estate investing trivia game. Real estate investing Jeopardy!
There are 3 categories... Multifamily, Passive Investing Made Simple, and General Real Estate Investing.
We thought it would be fun to put their knowledge on real estate to the test. You might be surprised by this trivia... Dan and Anthony sure were.
So, who comes out on top? Who is the winner of real estate investing Jeopardy?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 1o Minutes.
Tweetable Quotes:
"If you knew the answers to these questions and you win, reach out to us. Let us know. I'm gonna send you a prize. I'm guessing nobody beat us because we did so good."– Anthony Vicino
"What loan structure works best when dealing with a heavy value-add property? That's got to be a bridge loan." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Which is better? To be lucky in real estate investing? Or to be good at real estate investing?
Maybe both?
We have heard about Anthony's first real estate investment, the house-hacking triplex. It appreciated about $125,000 in just 9 months.
He's a genius real estate investor, right?
Well, I asked him... did you just get lucky? What if the furnace kicked? Or the roof caved in? Did you have the reserves to fix any major projects?
While he did have some reserves ready to go, he also got lucky. The neighborhood was appreciating, and therefore his property was growing in value. So...
When it comes to real estate investing, especially in your first few deals... how much luck is involved?
What can you do to mitigate your risks so you're not relying on all of that good luck?
Find out on this week's bonus episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"I didn't really do anything with the building to improve it from an operational standpoint.I got lucky and it could have just as easily gone the other way." - Anthony Vicino
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
BOO! Did we scare you?!
It's that time of the year, ghosts and ghouls are out... and we're bringing you the scariest stories ever told... in real estate!
This week Dan and Anthony are going to sit around the campfire and relay the most terrifying...bone chilling...blood curdling real estate investing tales!
What do you do if a resident doesn't move out... or worse... they just leave all of their stuff in your unit!? What if a bank decides to change the terms of the deal... 2 weeks before closing?!
I'm getting chills just thinking about it! So... what are the horror stories of real estate investing?
All of this and more on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"Put the ball in their court and see if they can come up with a solution for us. And we did that, and it got them helping. Put us on the same team rather than being combative and against each other."– Anthony Vicino
"Banks, at some point, have a lot of appetite for a certain asset class, and then as soon as they kind of get that bucket fill in their balance sheet, the faucet turns off. The faucet turns off and they go from trying to get your business to almost actively throwing it away." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
This week Dan has been under the weather, so we are breaking out an episode from the vaults! If you're feeling nostalgic, check out the YouTube channel to see the old podcast studio setup... we've come a long way!
You've only got $100 in your bank account. What can you do with it? Can you turn that $100 into $100 million through real estate?
In today's episode, Dan and Anthony are going to see if it's possible to invest only $100 into real estate.
Spoiler Alert: It's possible, but it won't be easy!
All of this and more on this week's episode of Multifamily Investing Made Simple, In Under 1o Minutes.
Tweetable Quotes:
"If all you have to invest is a hundred dollars, you don't have enough money to go and meaningfully invest. That money should really be put back into your own self-education."– Anthony Vicino
"It's very much a relationship business, whether you're buying properties and you're looking to get to know sellers, or you're looking to find those partners, like you mentioned, you've gotta have that network and getting that network is free." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
This week Anthony spoke at a local university's real estate society. There were a lot of new faces, so he decided to give a little crash course... welcome to real estate investing 101!
Class is in session. There's so much information to distill when you're trying to prepare somebody for their first real estate deal. But Anthony was able to break it down into a few easy bits.
So... whether you're just getting out of school, or you're looking to get out of your W2, here is a quick lesson on how to invest in real estate.
Should you sell or refinance? What's the difference in the evaluation of a triplex vs a 10 unit? How do you pick the asset class that's right for you?
Find out on this week's bonus episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"If you pick the right neighborhood in the right market that's growing, then you can all but be assured that you're gonna ride a wave of appreciation." - Anthony Vicino
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
We're leaving real estate...
Well, not really. We still love real estate! But in today's episode, we talk about what it would take for us to leave real estate.
It would take a lot for us to leave this industry! The government would have to step in and make some major changes to the legislature surrounding real estate.
So, what would it take for us to leave this industry?
Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"One of the reasons real estate is such a powerful investment vehicle in the United States is cuz we have very clearly delineated property rights and structures. And this is a great way for passing on wealth between families." -Anthony Vicino
"People would have to not have an interest in renting property for some reason. If there was a sort of giant shift in the way humans live their lives, maybe it's mass colonizing Mars and no one wants to be on Earth anymore, then that would shift things quite a bit."- Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Almost every business decision is a difficult one... there's a lot of thought that needs to go into them.
But... that's a cop-out. We want to talk about the most difficult decision we've ever had to make, here at Invictus Capital.
It can be so hard to move separate ways from a coworker, or an employee. What may have once started out as a great working relationship has now grown in opposing directions. Maybe that person doesn't fit the company culture anymore. Maybe your values no longer align.
Whatever the reason... letting someone go, or even mutually agreeing on going separate ways, is never an easy decision to make, and certainly not an easy conversation to have.
But it may be necessary to grow your business in the direction that you want.
So, what is the most difficult business decision that we've ever had to make?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"Is it slack or lack? Do they lack the resources, the training, and the expectations? Have they been set clearly enough? Do they lack something that we have not given them to succeed... or are they slacking?" -Anthony Vicino
"If those core values aren't in alignment, then it doesn't matter how smart you are, how technically good you are. We can't teach you to have your values align with ours." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Growing your real estate portfolio can be really hard. And there are often a few misconceptions when it comes to the amount of work required.
People often underestimate the amount of work it takes to BUILD your portfolio...
And then they overestimate the amount of work it takes to MAINTAIN your portfolio.
There is a murky middle area that you don't want to get stuck in. Where you're not putting in enough work to actually grow your portfolio, and you're putting in too much work to simply maintain it.
This middle area is kind of a death zone for a lot of real estate operators. It's very easy to get burned out because you won't see the results you're looking for. You'll eventually run out of energy.
But...
If you allocate your energy properly, in both the building and maintaining stages, you can scale your portfolio fast!
So, how do you build a real estate portfolio?
Find out on this week's bonus episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"People underestimate how much work it requires to get big and get that growth. But they overestimate how much work it takes to maintain that level." - Anthony Vicino
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Okay... we are going to apologize right off the bat. There is no $200,000 giveaway... at least if you're not an investor. And even then, that's their hard-earned money!
But, in today's episode, we want to give a sort of state of the union on Invictus Capital. There have been big moves in this year alone, and we want to look back and dissect our growth.
From property management to operations, and marketing to investor relations, there have been a lot of changes and growth since the start of this company.
So... how did we start out from just a few properties to now over $50 million under management? How did we grow our company? How do we manage change?
Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"What gets you here doesn't always get you there. And some people who are great in their roles at one time, in one phase are not able to make the jump." -Anthony Vicino
"When you're a good investor, it's a lot of sitting. We've been really active, but sometimes the best thing to do is nothing. " - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
A lot of new investors come to us with this question... Should I get my brokerage license to help with real estate investing?
There's a lot of misinformation around this question. Some people are under the impression that you HAVE to have your brokerage license to practice real estate investing. This is simply not true. In fact... you probably shouldn't get it in the first place...
There are a couple of reasons why... The first, golden handcuffs. A lot of people get their licenses, hoping to gain knowledge of the industry before they become investors. Makes sense, right? The problem is they get stuck, that capital they make often does not end up being invested, and they have to sell more to keep up with their new lifestyle, and the cycle continues.
Another great reason to avoid your license when investing in real estate... legal hoops. If you thought that getting your brokerage license would lead you to some treasure trove of off-market deals... think again. There are A LOT more legal hoops you have to jump through when approaching a seller as a broker.
Now, this isn't to say that having your real estate license is pointless, not at all. Only that you certainly don't need it to invest in real estate, and it might even hender you in ways that you hadn't thought of.
Want to know all of the reasons NOT to get your real estate license?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"I see brokers do this all the time. They get the money and then they start getting the nice car and the house, and then everything kind of creeps into their lifestyle and they can't afford to invest. Now they have to sell just to keep the engine going." -Anthony Vicino
"If your goal is to invest, don't waste your time on going into the sales field because, honestly, you might do really well and get stuck." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
There are SO many reasons to invest in real estate. It's hard to pick the best reasons. But we've gone ahead and done it anyway!
So, if you've got some money to invest... and you're on the fence about where to put it... let us help you out.
Commercial Real Estate!
As you know, we specialize in value-add multifamily real estate... it's in the name of the podcast show you're listening to. With that said, this is going to be slightly biased toward that class of real estate investing.
Here are the top 6 reasons to invest in real estate:
- Cash-Flow
- Debt Paydown
- Hedge Against Inflation
- Appreciation
- Tax Benefits
- Illiquidity
Want to know more?
Find out on this week's bonus episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"There's a lot of investments out there, specifically stocks or crypto that you can invest in. And theoretically, it should go up in value, but you have to sit there and wait. But apartments, you get paid to wait." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
This book might be the most influential in starting our careers as real estate investors. It is THE perfect guide to syndications and raising capital... well except for Passive Investing Made Simple! But, this book helped shape who we are as investors. It provides a step-by-step system for completing your first apartment syndication deal and building a multimillion or multibillion-dollar apartment investing empire.
Remember, with each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! And we have a convenient link for you to find all of them! Visit invictusmultifamily.com/notes to find all of the sophisticated investor notes!
Here are our top 9 takeaways:
- Branding Is Essential (05:00)
- Ebb And Flow Of Expectations (08:30)
- Team You Need (11:00)
- Get A Coach (13:00)
- Finding And Analyzing Deals (16:30)
- Title Companies (19:00)
- 3 Laws Of Investing (21:00)
- Cash Reserves (23:00)
- Asset Management / Property Management (26:00)
"If you're going to get to the point where you're gonna raise capital from people and they're gonna trust you with it, and you're gonna go out there and try to generate returns, I think this should be your only game. " – Anthony Vicino
"I've seen a lot of green syndicators rush out and say "I'm Dan Krueger, an operator" and not really stop to take the time to build a brand. Branding is essential." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Should you leave your W2 job and pursue being an entrepreneur?
This is a tough question... but very important. Only you have the answer...
While we can't give you that answer, we can help guide you there. Are you currently unhappy in your job? Is it unsatisfying, are you looking for something more gratifying? It can be difficult taking the leap from a secure job to the rollercoaster that is entrepreneurship
Being an entrepreneur and business owner is not as glamorous as Instagram makes it out to be. It's not all private jets and luxury cars. Especially at the start... it can be a really rough ride. If it's the path you wish to choose, you need to be sure of it.
The best way to see if you're ready... start a side hustle!
How does that all work?
Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"I just wanted to build something, and real estate was the really obvious choice. Like there's sky's the limit." -Anthony Vicino
"It could be great for the right person to house hack something with an FHA loan. Low barrier to entry." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Interest rates are on the rise... so it's the perfect time to refinance... right?
Well, it actually is! There are so many factors that need to be measured before refinancing, and interest rates are only part of it. The most important thing we're trying to accomplish with a cash-out refinance is to extract some of the newly created equity from our forced appreciation business plan that we've executed.
So how do we do that? And why is NOW the right time, with interest rates on the rise?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"I can't tell you how good it feels to take about two twoish million dollars of debt off of the balance sheet." -Anthony Vicino
"That's the big one for me, is really maximizing the return on equity, because if you take an asset and you increase it by 50 to 60% in value, you've got a lot more equity." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
At Invictus Capital, we don't like to sell our property... here's why:
We like to hold our assets for longer, rather than churn through deals quickly. A lot of groups like to buy and sell quickly.
Here's the deal... we would rather own a building, with cash flow, that's worth a $1 million than have $1 million in our bank account... why?
Find out on this week's bonus episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"I would rather own a building, with cash flow, that's worth a $1 million than have $1 million in our bank account." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Basic Economics is written for those who want to understand how the economy works but have no interest in the formulas and "big words". Bestselling economist Thomas Sowell explains the general principles underlying different economic systems: capitalist, socialist, and feudal. He shows how to critique economic policies in terms of the incentives they create, rather than the goals they proclaim. With clear explanations of the entire field, this is the first book for anyone who wishes to understand how the economy functions.
Remember, with each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! And we have a convenient link for you to find all of them! Visit invictusmultifamily.com/notes to find all of the sophisticated investor notes!
Here are our top 5 takeaways:
- What Is Economics (03:00)
- Richer Getting Richer (08:30)
- Money Creates Incentive (12:00)
- Speculation (16:00)
- Long Term Consequences (20:40)
- How To Use Brands (28:00)
- Price Fixing (31:30)
- Rent Control (35:00)
- Alternative Resources (41:00)
"In price fixing, you are now exacerbating the issue because now the people who were willing to take the risk before are no longer willing to take the risk." – Anthony Vicino
"You can't just like take mosquitoes eye the equation, even though everyone hates 'em. But you take them out, there's all these kind of reverberations." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
If you're just getting started in real estate investing... this is the episode for you! Our goal is to simplify multifamily real estate investing... and how much simpler can we make than a list of 10 things. 10 mistakes to AVOID. If you steer clear of these 10 mistakes, your investing journey will start smoothly!
How do you find the right partner that compliments both your strengths and weaknesses? How do you negotiate with your brain and not your ego? What should your cash-flow expectations look like? What is the cost of your learning curve?
Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"Go slow when it comes to partnerships... don't be the town bicycle." -Anthony Vicino
"You don't know what you don't know. The cost of your learning curve is often underestimated." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
The 1031 exchange is the golden goose egg of tax deferment... right? I mean it is great, don't get us wrong. But... it does have its downsides. The 1031 can get kind of complicated, and it can be difficult to find the asset to exchange it.
Well, in today's episode, we are going to blow the lid off a top-secret tax deferment real estate structure, it's called the TIC. What exactly is a Tennant In Common?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"Ticktack, a tenant in common, which is the secret weapon that nobody talks about for deferring taxes." -Anthony Vicino
"Unless someone is bringing a substantial amount of capital, the cost of actually facilitating that, uh, is gonna be prohibitive." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
If only there were a time machine that would let us go back and warn ourselves of the common mistakes newbies make when they first invest in real estate. Because time machines don't exist... yet... we're going to give you the next best thing! Dan is going to go through all of the mistakes to avoid when you first start investing.
How do you avoid losing money on a lousy tenant base? Where do you find the help to run the operations of the business, once you've closed on the deal?
Find out on this week's bonus episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"The first thing I wish I would've appreciated more was that you cannot change the location of a building. No matter how much you fix it up, it's still gonna be on the same block and in the same neighborhood." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Marcus Aurelius, a philosopher and emperor of Rome (A.D. 161–180), journaled often. Meditations is a collection of his journaling, thoughts, and questions. Marcus asked many questions that people find themselves asking today. A relatable series of spiritual exercises filled with wisdom, practical guidance, and a profound understanding of human behavior, it remains one of the greatest works of spiritual and ethical reflection ever written.
Remember, with each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! And we have a convenient link for you to find all of them! Visit invictusmultifamily.com/notes to find all of the sophisticated investor notes!
Here are our top 5 takeaways:
- Let It Go (09:00)
- Choose How You Feel (10:30)
- Interpretation Is Key (13:30)
- Manifesting Thoughts (14:30)
- Superior Mind (17:00)
- Focusing On Now (22:00)
- Obstacles = Opportunities (25:30)
- Interpretation Shapes Problems(28:00)
- Nobody Is Perfect (30:00)
- Do Less Better (35:00)
"Not objects and events, but the interpretations we place on them that are the problem." – Anthony Vicino
"That's what a lot of people do, the really successful people in just about anything in life will just course correct. Quickly. Get back on track, move on." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
These habits, 3 from Anthony and 3 from Dan, changed their lives. These habits are sourced from the wealthiest individuals who are at the top of their industry.
Habits are funny, and they differ in efficiency with each person. The key to a successful habit lies in your consistency! We're not going to make any promises that YOU WILL become a millionaire if you do these six things... But we will promise that at the very least, you will be closer to being a millionaire than you were before.
So, what are the millionaire habits that changed our lives?
Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"I do believe that successful people have a way of finding ways to leverage their psychology." -Anthony Vicino
"I thought the box I was born into was kind of like what I had to work with. But something clicked, and realized I could chose my own box." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
CRASH! OH YEAH!
The Kool-Aid man just burst through your wall! And he has a deal for you! But, you only have 10 minutes to get all of the info that you need in order to make an educated offer.
So, what kind of information is most important? What exactly do you need to know? What information can be averaged out?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"My very first question to somebody would be like, where is this thing?" -Anthony Vicino
"First thing I want is the rent roll." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
No, we're not crazy! We're getting this question a lot right now... why the heck would we want to be doing a refi with rising interest rates.
Well, a lot of people are coming from the perspective of single-family assets. And it's a little bit different when it comes to value add multifamily assets. In this bonus episode, Dan is going to breakdown all of the benefits we are going to see from doing a refi in this current climate. You might be surprised!
Find out on this week's bonus episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"One of the biggest things we're trying to accomplish with a cash-out refinance is to extract some of the newly created equity from our forced appreciation business plan that we executed." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
The Go-Giver is a classic bestseller that brings to life the old proverb "give and you shall receive. The term "go-giver" is known for defining a set of values embraced by tons of people around the world. This timeless story continues to help its readers and listeners find fulfillment and greater success in business, in their personal lives, and in their communities. If you want a short book that breaks down the core values of business into 5 simple parables... look no further!
Remember, with each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! And we have a convenient link for you to find all of them! Visit invictusmultifamily.com/notes to find all of the sophisticated investor notes!
Here are our top 5 takeaways:
- Value
- Compensation
- Influence
- Authenticity
- Receptivity
Tweetable Quotes:
"Stop looking at your damn phone. Try your damnedest, when you're with somebody to be like, okay, you're the only person in this room." – Anthony Vicino
"If you put others' interest first, try to provide value to them first and foremost, then the rest should work itself out somewhere along the line for you." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
In today's episode, you all are getting a sneak peek into our exclusive quarterly newsletter! Now, these newsletters are only for our investors, so this is a pretty big deal!
In this newsletter, our very own Anthony Vicino wrote an article on how to invest in a chaotic market. We all know the stock market is a roller coaster right now, and crpyto plummeted, but there is a way to navigate these times and come back out on top! How?
Cash flow, reserves, and optionality. These three things give you the ability to sit on your hands and wait! And time is an investor's best friend! So how do these 3 things play into a chaotic market?
Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"Condense decades into days through modeling the behaviors of the other people that are doing the thing that you wanna do." -Anthony Vicino
"If you've got your cash flow thing figured out, you can sit there and wait out any storm that, that comes your way." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
It's freaky Friday! Well, it's actually Saturday, but this episode was actually recorded on Friday. In this freaky episode, the world has turned upside down, cats and dogs are friends, and Dan is in charge of marketing while Anthony is leading the finances!
We're going to explore this alternate universe here... how would it work? What if Anthony was the math-man in charge of the spread sheets, and Dan was running around creating social media posts and marketing materials?
It might not be that bad actually...
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"Everybody loves a spreadsheet, right? Like everybody loves data? No." -Anthony Vicino
"It's almost impossible for one person to be good at all the aspects of any business, right?" - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Everyone is losing their minds over the rising interest rates. You see it all over the news and on social media. But lets get real for a second...
Rates were 2, 3, 4% and now they're going up to 5, 6, 7%... that's still relatively low. Rates might not be rising to a scary level, but actually just leveling out.
Here's what to actually look for when taking on debt:
Your Debt Terms, Optionality, and Long IO periods.
So, what does that all mean?
Find out on this week's bonus episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"I can keep as much of my cash flow for as long as possible and without dipping into my reserves without dipping into my CapEx interest, only periods allow us to do that." - Anthony Vicino
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
What's the hardest part of starting and growing a business? Is it managing a large group of people? Making sure everyone is on the same page? How about laying people off? Ben Horowitz analyzes the problems that confront leaders every day, sharing the insights he’s gained developing, managing, selling, buying, investing in, and supervising technology companies. Being a lifelong rap fan, he amplifies business lessons with lyrics from his favorite songs, telling it straight about everything from firing friends to poaching competitors, cultivating and sustaining a CEO mentality to knowing the right time to cash in.
Remember, with each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! And we finally have a link for you to find all of them! Visit invictusmultifamily.com/notes to find all of the sophisticated investor notes!
Here are our top 10 takeaways:
- Tell It Like It Is
- Clarity
- Lay-Off's
- Doing The Firing
- Accountability VS Creativity
- Don't Quit
- Silver Bullets
- Rewarding Problems
Tweetable Quotes:
"Persistence will win at the end of the day in the majority of business scenarios, where as long as you don't quit, you haven't lost." – Anthony Vicino
"A lot of the time, a lot of people are running around looking for quick fixes. When in reality, they just need to buckle down, do the work day in and day out." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
What is the biggest hurdle you need to get over to close a multifamily deal?
The bank, right? The bank is such a big partner in any deal. And depending on the bank you work with, it can be a very smooth ordeal... or it can be a nightmare. Wait! We were wrong, the biggest hurdle is definitely the cap-ex. The building you just bought needs a new roof, and suddenly the wiring isn't working. Actually, hold on! The biggest hurdle is finding the deal...
Ok, there are a lot of the biggest hurdles here. It's a good thing Anthony ran track in high school! So what are all of the biggest hurdles in closing a multifamily deal?
Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"I always feel a little bit like... I'm naked in an alley way and the bank has a knife to my throat. So you definitely want to work with a bank that you trust." -Anthony Vicino
"As you get bigger, and as you grow, you are a very big potential customer to the bank. And you have a little bit more pull in that relationship." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Suddenly you don't have access to Zillow, you cant use Realtor.com... the entire internet is out!! How are you going to find the nest building you are going to purchase?! Where is the next deal going to come from?!
In this episode, Dan and Anthony are going to explain the best way to find off-market deals. More importantly, how to create off-market deals. They might not be easy to find, but they might be easy to make! How?!
Find out on this week's episode of Multifamily Investing Made Simple, In Under 1o Minutes.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"My point here is that you don't find off market deals. You make off market deals because it's all about timing." -Anthony Vicino
"Because truly the best way to find those off market deals is to have curated, really strong relationships with sellers over years." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
What's the most important question to ask yourself before going into a real estate deal?
No, it's not how you're going to raise capital, or how the roof of the building looks, or even the underwriting...
The first and most important question you need to ask yourself is... how the heck am I getting out of this thing?! It's absolutely key that you have an exit strategy in mind when going into any deal!
So, how do you come up with this exit strategy?
Find out on this week's bonus episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"You might not agree with our number, but the problem is that there's no seller out there. Who's gonna be able to pay this because they're not gonna be able to get debt unless they're very, very rich. And they're planning on buying this building in all cash. That's the only scenario." - Anthony Vicino
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Whether you’re thinking about starting a new business or growing an existing one, Ready, Fire, Aim has what you need to succeed! Self-made multimillionaire, Masterson, shares the knowledge he has gained from creating and growing many businesses and outlines a focused strategy for guiding a small business through the four stages of entrepreneurial growth. Masterson teaches you the different skills needed in order to excel in this dynamic environment.
Remember, with each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! And we finally have a link for you to find all of them! Visit invictusmultifamily.com/notes to find all of the sophisticated investor notes!
Here are our top 10 takeaways:
- The First Hurdle
- Selling VS Marketing
- Execute Quickly
- Determining Value
- It's Okay To Fail
- 3 Legs Of Sales
- Headcount Size Matters
- What, When, Who
- Front-end VS Back-end
Tweetable Quotes:
"There's three ways to improve a product there. You can make it easier to use or more convenient. You can make it faster in terms of how quickly you get the benefit from the product, or you can make it cheaper." – Anthony Vicino
"The biggest thing for stage one that zero to a million is to focus on selling." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
This is pretty common advice, but does it apply to real estate?
In today's episode, Dan and Anthony are going to discuss the pros and cons of house hacking. For those of you who don't know, Anthony started his journey in real estate investing by house hacking a triplex. He lived in one of the three units, alongside his residents. But did he regret letting his fellow residents know that he actually owned the building?
You might find yourself fixing a toilet... or two!
So, should you $#!% where you eat in real estate investing?
Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"Bernie Madoff, I think a lot of people were betting on that jockey, and that jockey did not work out. No one looked at the horse. There was no horse." -Anthony Vicino
"When people ask me how to start, I usually tell 'em two things. One, you can partner with somebody, just get a rental property that you don't live in. It's a great way to get started. And the other way is house hacking." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
What if you had one day to spend with the world's billionaires? You, Zuck, Bezos, Buffett, Musk, and others are just chilling by the hot tub and they give you a masterclass on how they became billionaires.
Well, we are going to distill this make-believe scenario, and give you our top 3 lessons that we've learned from billionaires! These lessons have helped us amass over $50 million in real estate investment assets over the last 3 years. And guess what?! They're much more simple than you would think! So what are these golden nugget lessons?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 1o Minutes.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"The whole goal is to keep your principal, keep your money working for as long as you can. So you can get the benefits of compounding interest." -Anthony Vicino
"Don't lose money. Done podcast episode over, you can all go home." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
If only being successful were simple... if only there were some sort of guide... maybe even just 5 simple truths that would lead to success...
Well, here you go! Here are 5 Simple Truths that we have found on our journey to success! Over the last 3 years, we have acquired over $50 million of commercial real estate, and we want to share that path to success with everybody!
Consistency, discipline, self-control, accelerated timelines, and curiosity. These 5 things are our simple ingredients that combine to create the complex dish that is Success.
So what exactly do we mean?
Find out on this week's bonus episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"Doing a hundred pushups every single day for the next five years is gonna serve you way better than sitting down and just doing 10,000 pushups right now." - Anthony Vicino
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Schwarzman’s story is an empowering, entertaining, and informative guide for anyone striving for greater personal impact. From deal making to investing, leadership to entrepreneurship, philanthropy to diplomacy, Schwarzman has lessons for how to think about ambition and scale, risk and opportunities, and how to achieve success through the relentless pursuit of excellence. Schwarzman not only offers readers a thoughtful reflection on all his own experiences, but in doing so provides a practical blueprint for success.
Remember, with each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! And we finally have a link for you to find all of them! Visit invictusmultifamily.com/notes to find all of the sophisticated investor notes!
Here are our top 10 takeaways:
- Make It Easy
- Excellence Follows Enthusiasm
- Size Doesn't Matter
- Big Talent
- Systematize Your Decisions
- Death By Time
- Ask For Help
- Art Of The Follow-Up
- Ego
- Fewest Players
Tweetable Quotes:
"The longer it takes, the more variables that are going to get introduced that you could just never have foreseen." – Anthony Vicino
"When you're negotiating something, you gotta remind yourself, don't let your ego get too attached to your purchase price." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Something BIG has happened. Something SEISMIC! There has been a shift that has rocked the real estate industry!
We've always said that operators are the most important part of a deal, and it's important to look into their history. In today's episode, we are going to be looking into the history of a very interesting operator, with a VERY interesting history... Adam Neumann. We Work's founder recently announced his new real estate investment venture, Flow. What does his history as an operator tell us about this new venture?
Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"That's like the key to negotiating and to like business relationships is to understand what's in it for them. And like, what do they prioritize? " -Anthony Vicino
"Had you not been so fixated on valuation and really focused on cash flow operations, he would've been doing fantastic, but you got hooked on that valuation drug, where it was all about just getting the higher valuation at any cost, regardless of how much you're bleeding cash." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Today's episode is brought to us by a dear listener, whose name is... not important right now! But, trust that we didn't forget their name... of course not!
This listener asked Anthony a great question this week! Why don't we raise debt, instead of equity? When we do syndications, we raise capital with equity, we use ownership, upside, and big returns. But why don't we structure our deals as a debt term, and have a fixed return?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"It's risky for us as the operators to put that much in, but it's also theoretically risky from the debt." -Anthony Vicino
"The debt is the largest part of the cap stack, but then we'll typically have, you know, another 25% in equity." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
To the man with a hammer, everything looks like a nail." But the more tools you have at your disposal, the more likely you'll use the right one for the job. The same is true when it comes to your thinking. The quality of your outcomes depends on the mental models in your head. And most people are going through life with little more than a hammer. The Great Mental Models: General Thinking Concepts is the first book in The Great Mental Models series designed to upgrade your thinking with the best, most useful and powerful tools so you always have the right one on hand. This volume details nine of the most versatile, all-purpose mental models you can use right away to improve your decision making, productivity, and how clearly you see the world.
Remember, with each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! And we finally have a link for you to find all of them! Visit invictusmultifamily.com/notes to find all of the sophisticated investor notes!
Here are our top 10 takeaways:
- Flawed Education
- Knowledge Is Not Power
- Maps
- Competency Circle
- Incentives
- 2 Models For 1
- Socratic Questions
- Inverse
- Occam's Razor
Tweetable Quotes:
"And knowledge for the sake of knowledge is very problematic because unless you change your behaviors, it doesn't do you any good." – Anthony Vicino
"Humans tend to gravitate more towards complicated narratives and the more variables that you have in any sort of situation, the more probability there is for error to be made." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
It's 2 am and you're suddenly awake with a question! If you're Anthony, that question is what should I ask Elon Musk...
But, for any other sane individual you're probably thinking... where are the best places to network?!
Well, we have the answers! In today's episode, Dan and Anthony will list the top 3 places and ways to network and grow your connections. Will you meet more people online, or at a bar? What kind of locations provides the best connections?
Find out on this episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"I think if you are going to focus and use online networking, say to source local deals, then you should go find your local Facebook groups." -Anthony Vicino
"Anxiety is a really great motivating factor. It's a fuel. It is until it could be a little bit, uh, disruptive in your personal life" - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Have you been calculating the cash on cash return wrong this entire time?!
Anthony was recently asked, with deals that we've taken to refinance, are we calculating the refi into the cash on cash return? The answer is no... and if you have been doing that, you've been calculating the COC WRONG! Why?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 1o Minutes.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"At the most fundamental level, if the math's not right now, then when there's actually money being involved and coming back, like, what's the chance that they're gonna get it right then." -Anthony Vicino
"Specifically on cash on cash, you wanna make sure that they're actually doing the math right." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
What the heck is depreciation, and how does it work?
Dan is going to answer exactly that in this bonus episode! We all know that real estate is a great investment vehicle. You've heard us say it a bunch on our podcast. It's a hedge against inflation. It's a cash flow producing asset. The depreciation and specifically the tax benefits of real estate are one of the reasons that a lot of people love it.
So what exactly is it?!
Find out on this week's bonus episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"The depreciation and specifically the tax benefits of real estate are one of the reasons that a lot of people love it." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
The question that everyone asks... how do I get rich? We have the answer!
Starting as a college dropout with no family money, Felix Dennis created a publishing empire, founded Maxim magazine, made himself one of the richest people in the UK, and had a ton of fun in the process. How to Get Rich isn't selling snake oil, investment tips, or motivational claptrap. Dennis wants to help people embrace entrepreneurship and share lessons he learned the hard way. He reveals, for example, why a regular paycheck is like crack cocaine; why great ideas are vastly overrated; and why "ownership isn't the important thing, it's the only thing."
Remember, with each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! And we finally have a link for you to find all of them! Visit invictusmultifamily.com/notes to find all of the sophisticated investor notes!
Here are our top 10 takeaways:
- Cringe
- Delegation
- Fear Of Failure
- Focus
- Don't Let Pride Stop You
- Timing
- The Right Environment
- Don't Sell Yourself BS
- Stay Rich
- Just Read The Book
Tweetable Quotes:
"You just have to get through that curve of it sucking and eventually you're gonna get competent." – Anthony Vicino
"The biggest thing that is keeping people from being, I don't even wanna say wealthy, just wildly successful at whatever it is they wanna do, is they're scared of failing." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Tuesday, Tuesday, TUESDAY! RING BATTLE!
We have a good ol' fashioned battle in the ring today! In one corner, you have the fund structure. And in the other corner, at 5' 11", 189 lbs, you have the great... the fast... the furious... Syndication!!!
It's an exciting smackdown, where only one deal structure will leave the ring alive. Dan and Anthony decide whether or not they prefer a fund structure or syndication. Which one is better, and why?
Find out on this episode of Multifamily Investing Made Simple!
What are the key elements that can lead to someone's success? Where they were born? When they were born? Who their parents are?
In today's episode, Dan and Anthony will take a look at different predictors of success, and decide on the best one! As discussed in a previous episode, Warren Buffett made the majority of his wealth in only the last 10 years of his life, yet he had been investing since he was a young teenager. So does getting into the game early count the most towards your success?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 1o Minutes.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"It's just so crazy to think how far we've come. But so much of it is a function of when we started." -Anthony Vicino
"Just starting early versus being the best or having all the best resources at your disposal, just start early and keep doing the damn thing." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Who takes on the most risk in a deal? Who provides most of the capital?
In today's bonus episode, Dan is going to break down the difference between Limited Partners and General Partners, the two classes of investors within syndications.
Remember to check out this video on YouTube at Multifamily Investing Made Simple! Also, if you want daily tips and inspiration, check out our YouTube Shorts and TikTok videos. Learn everything there is to know about Passive Investing and Multifamily Real Estate Investing in under 60 seconds!
So... WHO does WHAT in a syndication? What's the difference between the LP and the GP??
Find out on this week's bonus episode of Multifamily Investing Made Simple!
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"Unless you have any kind of partners, you would be doing all the work, doing all the things. Now in a syndication, we divide these things." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Raising capital is the single most sought-after and lucrative skill in the entire real estate sector. It's the one skill that, if truly mastered, can ensure you’ll always have a place in the world of investment real estate. Thankfully, there has never been a better time to create a highly scalable system that allows you to attract the right investors, build relationships through your initial correspondence and supplemental educational content, and motivate others to invest in your offerings for years to come.
Remember, with each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! And we finally have a link for you to find all of them! Visit invictusmultifamily.com/notes to find all of the sophisticated investor notes!
Here are our top 10 takeaways:
- Financial Education
- Hunting For Capital
- Your Investor Base
- Branding: 101
- Don't Skimp
- Practice Your Pitch
- Closing The Sale
- Becoming A Farmer
- Going All In
- FAQ
Tweetable Quotes:
"Farming is all about creating a content-generating machine. And this is the most important part because when you're creating content and you're leading with education, you're putting out value into the world." – Anthony Vicino
"So key takeaway is don't skimp on the cost of putting together a robust presentation, whether it be the deck or the webinar." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Say you want to be an active operator in real estate investing... wouldn't it be great if you had all of the knowledge and systems in place beforehand?! So that when you do kick off your career, you can hit the ground running?!
Well, who better to give you those systems than Dan and Anthony!
Should you be auditing your budget for dried mangos?
Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"If you're not actually like sitting down and having a process for actively looking at things and asking the question, you can miss it." -Anthony Vicino
"When you're meeting with people, don't be a dick and do it on your phone." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Today, Dan and Anthony's friendship was rocked to its core! Anthony discovered that Dan uses gas station bathrooms... will they recover their friendship?!
Also discussed in this episode... real estate is the investment medium that has made more millionaires than any other medium in the investing world. Many of you already know this. But that fact can get people so excited that they jump right into real estate investing without realizing they're building themselves a business, or at least a job.
You can't just go out and accumulate properties and then hire a 3rd party property management, and expect all of the work to be out of your hands. So, what should you expect?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 1o Minutes.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"There's gonna come a point where you're gonna hit the glass ceiling. And as soon as you hit that, everything becomes more difficult. And it's not one of those things that you can suddenly undo." -Anthony Vicino
"Even if you have third-party management, there is still a full body of work that needs to happen on behalf of the owner to make sure that the business plan is actually executed and all the operations are actually running smoothly." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Is multifamily real estate recession proof? Is there any investing medium that's recession-proof?
In this bonus episode, Dan is going to break down how multifamily real estate fares in rough economic times, and how it compares as an investment medium to other assets, like stocks and bonds.
So, if the economy ain't lookin to good... should you invest in multifamily real estate?
Find out on this week's bonus episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Show Your Work! is about why generosity trumps genius. It’s about getting findable, about using the network instead of wasting time “networking.” It’s not self-promotion, it’s self-discovery―let others into your process, then let them steal from you. Filled with illustrations, quotes, stories, and examples, Show Your Work! offers ten transformative rules for being open, generous, brave, productive.
Remember, with each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! Reach out to anthony@invictusmultifamily.com to get access to all the sophisticated investor notes!
Here are our top 10 takeaways:
- Process Not Product
- Learn Publicly
- Teach What You Know
- Storytelling
- Storytelling Pt 2
- Make Stuff You Love
- Every Day
- Share Your Influences
- Sell Out
- Creation Time
Tweetable Quotes:
"We talk a lot about copywriting and like just how important the words are that we use and how we put them together to create an emotion, to create motion and make people want to take action." – Anthony Vicino
"Don't have that scarcity mindset about whatever it is, your business is, whatever it is you're creating, share it with the world." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
In today's episode, we took the podcast to you! The audience, the dear people listening to this show every week. We wanted to answer the questions of the masses.
And boy were these questions interesting!
Would you rather take $1 million dollars right now, or $5,000 dollars every month for the rest of your life? What asset classes will we NOT touch!? And should you diversify your real estate portfolio with different asset classes?
Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"I kind of fall on the line of diversify a little bit." -Anthony Vicino
"People just don't think of it that way. They look for the bigger total number and think that that's better on the surface." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
People always say, "It's not work if you love what you do"! And Anthony and Dan LOVE being syndicators!
So what are the best parts of being a syndicator? What exactly makes Dan and Anthony walk into the office with smiles every morning?
Is it closing on big deals? Nothing feels better than closing a deal you've been working on for weeks or months! How about cash flow distributions? Does it get any better than sending big chunks of money to investors?!
Find out on this week's episode of Multifamily Investing Made Simple, In Under 1o Minutes.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"Like when you see that number, you're like, that's really cool. That's awesome. Feels good." -Anthony Vicino
"I feel like it's, every time we close,we get to that point at title company, we get those docs signed, and we leave it's like we finish a marathon." - Dan Krueger
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life’s most important topics. Doing well with money isn’t necessarily about what you know. It’s about how you behave. And behavior is hard to teach, even to really smart people.
Remember, with each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! Reach out to anthony@invictusmultifamily.com to get access to all the sophisticated investor notes!
Here are our top 10 takeaways:
- In Your Head
- Life Experiences
- Randomness
- Outliers
- Want Or Need
- Never Enough
- Happiness
- Compounding
- Buying Time
- Buying Time Pt. 2
Dan is back in this episode, and Anthony and he have A LOT to cover!
Most importantly... is Minneapolis outgrowing Austin?! How do we compare this growth, and how has that growth changed for each city over the last 10 years? And last... how does the supply chain affect this growth? Yes, those scary supply chain issues that everyone is talking about!
All of this and more on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"It's gonna take money. It's gonna take energy. It's gonna cost the city a lot in terms of the opportunity cost like."– Anthony Vicino
"Forgive me Texans. We're about to lose Texas." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
In today's episode we have a fresh new perspective on real estate investing!
Anthony and Dan discuss... wait a second, Dan's not here?! That's right! Today, Anthony and READ discuss real estate investing.
So, what does the real estate investing world look like to someone who had NO prior knowledge or experience in it? How much can one learn in just 6 months of exposure? And, what is the best tool for someone who wants to learn?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 1o Minutes.
LEAVE A REVIEW if you liked this episode!!
Tweetable Quotes:
"It depends on where you are in your life because the fixed of flipping is very time intensive. It can be experience intensive, but you can learn it pretty quickly." -Anthony Vicino
"Is it better to do value add flipping on single-family? Or maybe go out and try and get a Tri-Plex or a duplex even? How should you start in this industry?" - Read Deutscher
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
One of the biggest complaints in real estate investing that we hear is... it's really hard to buy and sell.
It's a legitimate concern. Real Estate is a very illiquid investment. It's not like stocks, where you can theoretically pull your money out right away.
But this very complaint of illiquidity... might actually be one of the great parts of real estate investing!
How? Well Find out, in another bonus episode of Multifamily Investing Made Simple!
Don't forget to check out this bonus episode on Youtube!
Tweetable Quotes:
"But the downside of liquidity is that not only can I do that, but everybody else can." - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
What if there was a single volume that housed all of Howard Marks's wisdom... there is! And what if there was a single podcast that condensed all of that wisdom... there is!
Remember, with each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! Check out, and download, this week's infographic below!
Howard Marks, the chairman, and co-founder of Oaktree Capital Management is renowned for his insightful assessments of market opportunity and risk. After being in the game for four decades, his wisdom is sought out by the world's leading value investors. Similar to Buffett's investor meetings, Marks releases client memos that are full of insightful commentary and a time-tested, fundamental philosophy. Now for the first time, everyone can benefit from Marks's wisdom, concentrated into a single volume that speaks to both the amateur and seasoned investor.
Here are our top 10 takeaways:
- Mind Games
- Exit Plans
- Market Cycles
- Approach
- Roll Of Chance
- Risk Mindset
- Managing Risk
- Measuring Risk
- Don't Be A Sheep
- Chasing Deals
Download the infographic here!
Tweetable Quotes:
"You're not gonna get me in a white wife beater. I'm so pale. It will not be good." – Anthony Vicino
"You just have to buy stuff for less than what it's worth." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
For today’s episode, we have one from the vault! Dan and Anthony are going to dive into the 10 best real estate investing books.
We've read literally a lot of books out there on the subject of real estate investing. These are the 10 best + 1 bonus.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications is LIVE!!
Sign up for Audible Free Trial
[00:01 – 09:47] Bad Investing Advice: Debt Is The Enemy!
[09:48 – 13:51] Book #1: Rich Dad Poor Dad
[13:52 – 16:40] Book #2: The Millionaire Real Estate Investor
[16:41 – 18:31} Book #3: Rich Dad Advisors: ABCs of Real Estate Investing
[18:32 – 20:39} Book #4: Rich Dad Advisors: The Advanced Guide to Real Estate Investing
[20:40 – 22:23} Book #5: The Book on Managing Rental Properties
[22:24 – 26:10} Book #6: What Every Real Estate Investor Needs to Know About Cash Flow
[26:11 – 29:21} Book #7: Rich Dad Advisors: Tax-Free Wealth
[29:22 – 31:02} Book #8: Best Ever Apartment Syndication Book
[31:03 – 32:49} Book #9: Raising Capital for Real Estate
[32:50 – 36:06} Book #10: Passive Investing Made Simple
[36:07 – 39:52] Closing With Book Recommendation
Real Estate Finance and Investments Risks and Opportunities
"I really want to drive this home the telling your brain that you can't do something versus asking your brain, How would I do? This is such a game-changing mindset shift."– Anthony Vicino
"Still, like ABC's is the shallow end of the kiddie pool, and advanced is the deeper side, but it's the same pool, so it's going to feel like a lot of the same stuff." – Anthony Vicino
Has there ever been an opportunity in your lap that you passed up on, and now years later you look back and regret it?! Or maybe you feel so lucky that you passed up on it because it would have been a total nightmare!
In today's episode, Dan and Anthony are going to look back on 6 opportunities that they ultimately passed up on, and decide if it was a good move or a total regret!
The very shape of Invictus Capital could have been changed if some of these opportunities had been taken! Tackling a GIANT deal too early, or bringing on a new partner into the company... did we make the right decision?
All of this and more on this week's episode of Multifamily Investing Made Simple, In Under 1o Minutes.
Tweetable Quotes:
"How do I know I've got a good partner? One is you have to want to go to the same place. And then two, you have to want to get there at the same speed."– Anthony Vicino
"I'm a bit of a geek when it comes to spreadsheets and models and I couldn't wrap my head around it. So, if I don't understand this, then I'm just gonna walk away." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Do you want the Granddaddy of ALL Motivational Literature? Well, here it is!
Remember, with each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! Check out, and download, this week's infographic below!
Napoleon Hill is known as the winner of all winners. And in this book, Think and Grow Rich, he asks (and answers) "what makes a winner?". This book was originally written in 1937, and Hill uses entrepreneurs, millionaires, and geniuses of that time, such as Thomas Edison, Henry Ford, and Andrew Carnegie to illustrate his principles of being a winner. In this updated version, Arthur Pell, an expert on Hill's thoughts, uses modern-day success stories such as Bill Gates, Mary Kay Ash, and more.
Here are our top 10 takeaways:
- Mental Clarity
- Dominating Thoughts
- The Subconscious
- Belief Proceeds Success
- Affirmation
- Be Decisive
- Your Edge
- Specialized Knowledge
Download the infographic here!
Tweetable Quotes:
"You don't know what you're capable of until you're forced to dig deep and do the thing that you never thought you could do." – Anthony Vicino
"This is gonna tell you how to program your brain so that you've got the appropriate environment, the appropriate mental environment to be successful." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
In today's episode, Anthony is a troll. He spent the past few days on Twitter and Facebook, stirring the pot!
The question people have been asking online... which is better, equity or cash flow?
Cash flow makes you rich, but equity makes you wealthy. Here's where Anthony starts trolling... he's arguing that any amount of equity is worthless if you have no way to transform it into a source of cash flow. Maybe it's a chicken and egg situation. Can you have a source of cash flow without first having the equity to build that source?
Find out on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"Equity is only valuable as long as you could find somebody else with cash willing to exchange, to help you get the thing that you wanted."– Anthony Vicino
"My definition of better is which one's gonna make me wealthier." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
In today's episode, Dan and Anthony answer the question... What's harder to manage, properties or investors?
With one, you have to worry about renovations, repairs, and BOUNTY HUNTERS?! And the other, you have to make sure everyone is happy all of the time! We're happy to say that we've never had an angry investor, so we might be a bit biased in answering this question.
All of this and more on this week's episode of Multifamily Investing Made Simple, In Under 1o Minutes.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
"I mean, you've had bounty hunters kicking in a door. I've had to hire armed guards for multiple weeks." - Dan Krueger
"I think that investors are way easier than properties just, in general, there's an inherent alignment of interest between an investor and us." - Anthony Vicino
So you want to be a multifamily investor? Awesome! Here's the reality of the situation, you're going to be looking at A LOT of properties before you eventually get one under contract. They say you look at 100 deals before you actually close on one of them.
So, how do you find the value of all those properties? How do you decide which one to go with? If only there was a golden formula for valuing commercial real estate?
Well, there is!
Don't forget to check out this bonus episode on Youtube!
So how do you use NOI and Cap-rate to find the value of a property?
Find out, in another bonus episode of Multifamily Investing Made Simple!
Tweetable Quotes:
"One of the most important lessons that I've ever learned, was that a dollar saved is worth more than a dollar earned." - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Have you ever heard of grave dancing? How about being able to sense the dead... not people, but businesses?
Remember, with each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! Check out, and download, this week's infographic below!
Sam Zell has a pretty unique ability to see a market where no one else does. From an early age he honed his entrepreneurial skills selling overpriced playboys to his buddies in junior high, and then later in life, buying real estate cheap after a market crash. He's known as the Grave Dancer because of his penchant for investing in dying or troubled assets. Sam is a man who wore jeans into the offices in the '60s, and told the Wall Street Journal that "if it isn't fun, we don't do it". The man is a disruptor, entertainer, and a genius entrepreneur. And this book acts as a guide for all those who are similar.
Here are our top 10 takeaways:
- Grave Dancing
- Fundamentals Win
- Block Out The Noise
- Opportunities Mean Nothing
- A Good Name
- Unnecessary Risk
- Have Fun
- So Good, You're Free
- Start With The Basics
- The Power Of Optionality
Download the infographic here!
Tweetable Quotes:
"The value of your name, of your brand, it's irreplaceable. You've only got one." – Anthony Vicino
"You can't get into any business that you don't genuinely enjoy." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
We have some exciting news! We just closed on another property! This episode was recorded last week, a few days before we officially closed on this deal. And now that we're allowed to talk about it... WHY WAS IT SO COMPLICATED?!
Dan and Anthony break down the difference between a Joint Venture (JV) structure and Tennant In Common (TIC) structure, and how they compare. While TIC structured deals are not new to us, there's typically only one 1031 exchange partner... what happens when there are two?
Find out on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"I think generally you can tell when a partnership's not gonna work out, whether that's with the bank or just another general partner, when they're not really trying to problem solve and find the solution."– Anthony Vicino
"Yes, the bank's a big partner in there, but what you really need is a good attorney on your end to make sure that your butt's covered." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
We have a VERY special episode for you dear listeners! We were feeling great this Saturday morning, so we decided to share the wealth... the wealth of knowledge!
If you didn't already know, Dan and Anthony have taken to the academic industry! They have released THE masterclass on passive investing in real estate. And they are going to give you the first chapter for FREE! In this masterclass, Dan and Anthony dive even deeper into their book, Passive Investing Made Simple, expanding on new ideas and providing new stories from their experiences in the industry.
The full masterclass is available here! And here's a little hint for you listeners, take a listen to some of the recent podcast episodes for a discount option!
All of this and more on this week's episode of Multifamily Investing Made Simple, In Under 1o Minutes.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
When people think about investing in real estate, they often think it's as easy as Chip and Joanna make it look on HGTV. Right? I'll just buy a rundown shack, turn it into a house, and make a load of cash... right?
Well, that's a lot of work... and the same can be said for value-add multifamily real estate. But... there are options out there for those of you looking to get into real estate investing, without all of the work.
In today's bonus episode, Anthony is going to discuss the multiple ways to invest in real estate, and the work required in each. Some might sound more appealing than others.
Don't forget to check out this bonus episode on Youtube!
So what is the work of a real estate investor?
Find out, in another bonus episode of Multifamily Investing Made Simple!
Tweetable Quotes:
"The way I see it there are two ways to invest in real estate. You either do it yourself, or you get somebody else to do it for you." - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
How does $100M sound? Pretty good, right? In today's episode, Dan and Anthony will be breaking down Alex Hormozi's, $100M Offers.
Remember, with each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! Check out, and download, this week's infographic below!
This book is a must-read if you are an entrepreneur, trying to get your business off the ground. $100M Offers, written by Alex Hormozi, will take you through the steps to success for your business, by showing you how to:
-Charge more than you currently are.
-Make a product so good, that prospects will find a way to pay for it.
-Enhance your offer so much, that prospects will buy without hesitating.
Hormozi found success in the fitness industry and expanded from there. In just a few years, he turned around 32+ brick-and-mortar businesses using the same methods shared in this book.
Here are our top 10 takeaways:
- Certainty, Speed, Ease
- If You're Not Growing, You're Shrinking
- Niche-Slap
- 3 Keys For Growth
- Divergent vs Convergent
- Premium Pricing
- Know The Problem
- Shameless Plug
- Desire
- Picking Your Market
Download the infographic here!
Tweetable Quotes:
"I remember being a kid learning Microsoft word, and thinking that clip art was gonna play a much bigger role in my life than it ultimately did." – Anthony Vicino
"And so people perceive a higher price tag as being more valuable." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
As many of you know, from the headlines, the news, economists, etc. things are not great right now for our economy. That might even be an understatement...
And as much as we would all like to put our heads in the sand, and pretend like everything is ok, it's important to understand the issues we are facing right now. In fact, the more you understand, the less scary this might all be!
Dan and Anthony are going to look directly into the eye of Sauron, and break down what is happening in our economy currently. They cover everything from real estate to the crypto crash.
So... sh*t is hitting the fan. How do we clean it up?
Find out on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"You definitely don't hear people talking about like buying the dip anymore."– Anthony Vicino
"But if you're gonna be dabbling, crypto, be looking out 10, 15 years, don't try to double your money in a year." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
You've only got $100 in your bank account. What can you do with it? Can you turn that $100 into $100 million through real estate?
In today's episode, Dan and Anthony are going to see if it's possible to invest only $100 into real estate.
Spoiler Alert: It's possible, but it won't be easy!
All of this and more on this week's episode of Multifamily Investing Made Simple, In Under 1o Minutes.
Tweetable Quotes:
"If all you have to invest is a hundred dollars, you don't have enough money to go and meaningfully invest. That money should really be put back into your own self-education."– Anthony Vicino
"It's very much a relationship business, whether you're buying properties and you're looking to get to know sellers, or you're looking to find those partners, like you mentioned, you've gotta have that network and getting that network is free." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Hey You! Yeah, we're talking to you! Why aren't you doing that thing you've been telling everyone you would get done? You've been working on it forever! Sounds like you've got a WHO problem.
Remember, with each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! Check out, and download, this week's infographic below!
Has there been a time when you thought, "wow, I would love to start a new hobby... but I don't have the time."? You're so busy with other things, that you couldn't possibly add something new to your plate. In Dan Sullivan's, Who Not How, he offers tools to help you delegate, freeing your time up to do the things you WANT to do. If you're somebody who believes that if something is going to get done, you've got to be the one to do it... think again. Dan Sullivan wants you to change the question from, "How do I do this?" to "Who can I get to do this for me?".
Here are our top 10 takeaways:
- "How" Limits You
- Mutually Beneficial
- The Wrong "Who"
- Michael Jordan
- Stop Competing
- Expanding Vision
- Time Spent
- Delegating
- Problem Solving
- Procrastination
Download the infographic here!
Tweetable Quotes:
"Your time is your money, and how you exchange it matters." – Anthony Vicino
"Becoming open to partnerships, bringing a partner in, especially when they've got different experiences and different skill sets, is going to open up your world to new ideas and concepts that you never would have thought of." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
We are currently acquiring some properties, and it's a very exciting time! In that spirit, we are going to give a very detailed, step-by-step breakdown of the property acquisition process.
Dan and Anthony are going to give away their exact workflow, their secret process of property acquisitions. So if you're an operator, get your notepad out! And if you're a limited partner, we hope this gives you a good peek at what all is going down behind the scenes.
So... what is the best process for acquiring a building?
Find out on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"Cash is that trashy person who wears like leopard skin prints everywhere and then like leotards, or like a onesie."– Anthony Vicino
"Big daddy issue is due diligence. Get that done as soon as possible" – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
If you're investing in a real estate deal... in what order do you get your returns? Maybe you thought everyone got their returns at once. Well, not in a waterfall structure.
In today's episode, Dan and Anthony are going to break down the waterfall deal structure, how it works, and why it's used. The most important part of this structure is understanding who gets paid and when, because not every waterfall structure is the same.
So... in what order do YOU make your money?
All of this and more on this week's episode of Multifamily Investing Made Simple, In Under 1o Minutes.
Tweetable Quotes:
"One cup is the GPs. The other ones are the LPs cup, depending on how we split the equity, those are gonna fill at different rates."– Anthony Vicino
"Close your eyes. Imagine a waterfall. If you're driving, don't close your eyes." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
What is THE most important step that you need to do when investing in real estate? It's something that most people miss!
In today's bonus episode, Dan is going to break down how to set your investing objectives, and why it's so important.
Don't forget to check out this bonus episode on Youtube!
You don't want to just follow the flow of people investing in whatever everyone else is. You need to define your investment plan based on YOU! You've got to look at the long game first and figure out what is your end goal, and what are you trying to accomplish. Then you can start to pick your investments. So how do you do this?
Find out, in another bonus episode of Multifamily Investing Made Simple!
Tweetable Quotes:
"This is going to take all the emotion out of it because emotional decisions are bad decisions. And when it comes to investing in real estate, you want to be mechanical." - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
What is the opposite of fragile?
Remember, with each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! Check out, and download, this week's infographic below!
Nassim Nicholas Taleb, the author of Antifragile, reveals how to thrive in an uncertain world. You might be familiar with his previous work, Black Swan, a book we also highly recommend. What is the opposite of fragile? Taleb says it's antifragile. He believes many things in life benefit from stress, disorder, volatility, and turmoil. The antifragile is beyond the resilient or robust. The resilient resists shocks and stays the same; the antifragile gets better and better.
Here are our top 10 takeaways:
- Antifragile
- Antifragile Examples
- Via Negativa
- Fragile Constituents
- Skin In The Game
- Barbell Strategy
- Doctors Advice
- The Turkey Problem
- Practice VS Theory
Download the infographic here!
Tweetable Quotes:
"Sometimes the best way to know what a thing is or how to do a thing is to first focus on what the thing is not or how to not do the thing." – Anthony Vicino
"In order to have an antifragile system, you need the smaller parts that make up the system to have fragility." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
In this week's episode, Dan and Anthony are going to list 6 skills that you need as a real estate investor... that you didn't know you need!
We also have a special treat for you, a new podcast segment! Dan is going to hang up the ol' "Bad Investing Advice" hat for now, and Anthony is going to take the reins, with his new segment... Freak or Neat.
So, how is using google maps a must-have skill?
Find out on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"What I've discovered in real estate is that ballpark math is 90% of the time."– Anthony Vicino
"You gotta be long-term minded." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Is there a way to tell if someone is a real estate investor... just by looking at them?
Probably not. But I bet you could have a conversation with someone and tell if they invest in real estate without it even being mentioned.
In this episode, Dan and Anthony are hopping on the trend train and going to break down tell-tale signs of real estate investors. So, tell me you invest in real estate...without telling me you invest in real estate.
All of this and more on this week's episode of Multifamily Investing Made Simple, In Under 1o Minutes.
Tweetable Quotes:
"I've got a copy of my personal financial statement saved on my desktop."– Anthony Vicino
"I got a guy for that because real estate investors, they got a guy for everything." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
How does an investor think? How do they think about money? Well... they always see an opportunity.
Don't forget to check out this bonus episode on Youtube!
In today's video, Dan is going to break down 2 key concepts, time value of money, and opportunity costs. These concepts are essential to the thought process of an investor.
So join us in another bonus episode of Multifamily Investing Made Simple!
Tweetable Quotes:
"The main concept here is that a dollar today is worth more than a dollar tomorrow." - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
The '80s were a crazy time. Lots of change, evolution, and capital!
Remember, with each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! Check out, and download, this week's infographic below!
David Carey and John E. Morris breakdown how Blackstone and other private equity firms in the 80s transformed from vicious gamblers to risk-averse artists in the industry. With the banks and the financial establishment take on said risk, driving the economy into the ground. Now with over 880 billion dollars in assets under management, Blackstone is one of the leading investment firms in the world. King of Capital shows how Blackstone and private equity will drive the economy and provide a model for how financing will work in the years to come.
Here are our top 10 takeaways:
- The 80s
- Shared Philosophy
- The Next Big Fund
- Right Person In Charge
- Starter Office
- Financial Engineering
- Crickets At Launch
- Fee Income
- What You Do Well
Download the infographic here!
Tweetable Quotes:
"Blackstone is probably the biggest company in the world that you've never heard of." – Anthony Vicino
"You find something that people need and you then provide it at scale." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Do it, do it yourself, and do it at home. Wait... what are we talking about here?
Today's episode is going to be a fun one because Dan has no idea what the episode is about! Well... he does now, but at the time it was recorded, Anthony kept him in the dark.
Dan and Anthony are going to give you 3 ways for you to de-risk investment. All you have to do is: Do it, do it yourself, and do it at home! So what the heck does that mean?
Find out on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"Those are all three really good ways to de-risk an investment and we could spend an entire episode on those, but instead, we're going to spend our entire time on these."– Anthony Vicino
"The probability of screwing up theoretically should go down. I think." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
In this very special episode, we are celebrating Dan's birthday! We thought this was the perfect time to rapid-fire some of the best life advice we have to offer.
Looking back on Dan's 36 years, Dan and Anthony give 18 quick tips each. So get ready to be inspired, and for your life to change for the better!
Happy Birthday, Dan!
All of this and more on this week's episode of Multifamily Investing Made Simple, In Under 1o Minutes.
Tweetable Quotes:
"If it sounds too good to be true, it is."– Anthony Vicino
"Don't over leverage." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
In today's bonus episode, we are going to discuss the difference between a syndication and a joint venture deal.
Don't forget to check out this bonus episode on Youtube!
Is one riskier than the other? Which one works best for you? These are questions that can only be answered by defining your investing parameters! That's the first step in deciding the right choice for you.
Find out, in another bonus episode of Multifamily Investing Made Simple!
Tweetable Quotes:
"There was a case in 1946, which was WJ Howey versus the sec where they actually sat down and figured out, okay, what's the difference between a couple of guys starting an enterprise together, and someone over here is selling shares of a company." - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
What is the one thing you need to do to succeed?
Remember, with each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! Check out, and download, this week's infographic below!
Gary Keller is co-founder of Keller Williams Realty, one of the largest real estate companies in the world. Jay Papasan is an author. The two came together to write, The One Thing. This book is about focus. One task at a time. They have a controversial belief that multitasking doesn't work. Gary and Jay break down the process of how to simplify your workload. Because doing the most work... doesn't always lead to the best work. They believe that the best results come from the minority of what you do. Let's dive in!
Here are our top 10 takeaways:
- Willpower is Limited
- The One Thing
- The Greats
- Success Is Sequential
- The Domino
- What You Build Today
- Multitasking Doesn't Work
- Ask Better Questions
- Results of Your Efforts
- Maker & Manager
Download the infographic here!
Tweetable Quotes:
"What is the one thing that if you focused on would move the needle the most, it would have the most effect, like positive effect on the rest of you?" – Anthony Vicino
"Except for Jamie Fox out of there, because literally the guy does everything." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
<__truncato_root__>
In today's episode, we have a real rock star of a guest joining us... we really mean it! When he's not rocking out real estate deals, he's rocking out in a band! We've known Jeff Gebhard for a couple of years now, and he's an all-around bad-ass! We can't hype this man up enough!
Well, Jeff is joining us today because something we said in a previous episode really got him fired up, so we brought him on the podcast to duke it out. We put out an episode listing some of the worst reasons to become a limited partner on a deal, and Jeff argues that some of those were the exact reasons he actually decided to become an LP!
We love different perspectives and Jeff always brings great insight. So... what are some rock star reasons to be a limited partner?
Find out on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"The knowledge you acquire yourself outside of school on your own time is far more valuable than anything you'll learn in school."– Anthony Vicino
"If somebody is really trying to learn how to be a good operator, a well-rounded good operator, they're not really going to get a ton being on the LP side." – Dan Krueger
"You don't learn how to ride a bike by reading a book." - Jeff Gebhard
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
How would you define wealth? Do you often look at people like Elon Musk and Bill Gates, and think... "I'll never be as wealthy as them?".
Well, that's setting quite a high bar... why compare yourself and your wealth to somebody like that? Why compare yourself to anybody at all when defining your wealth?
Wealth should be defined by the gap between your expenses and your income. The bigger the gap, the more comfortable someone lives.
So...how big do you want that gap?
All of this and more on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"Wealth is a ratio between what you make and what you spend."– Anthony Vicino
"High income does not equate to wealth." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
So what the heck is a cap rate? That's a great question. If you're looking at multi-family deals, you've probably heard this term, and today we're going to unpack exactly what the heck a cap rate is.
Don't forget to check out this bonus episode on Youtube, Dan uses his handy spreadsheets throughout the video, so you'll definitely want to see that!
So... what is a cap rate?
Find out, in another bonus episode of Multifamily Investing Made Simple!
Tweetable Quotes:
"What we want to illustrate here is how big of an impact the cap rate actually has on the value of a property" - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
How far back do you need to look to see history repeat itself? Often, you don't have to look far. But what if you looked back 500 years, could you find a pattern that might predict tomorrow?
Ray Dalio's, Principals For Dealing With The Changing World Order, focuses on patterns, of both economic and political occurrences. Ray takes a look through history’s most turbulent economic and political periods to break down why the future will likely be different from those we’ve experienced in our time... but similar to what happened long ago. Many people look 50 to 100 years ago, to find a pattern. Ray looks even further into the past.
Here are our top 10 takeaways:
(07:50 - 11:50) Short Term Debt Cycle
(11:51 - 14:24) The Greatest Empire
(14:25 - 17:17) Long Term Debt Cycle
(17:18 - 23:19) The Most Important Measure
(23:20 - 27:29) Inflation
(27:30 - 33:00) Wealth Production
(33:01 - 37:12) Scarce Assets
(37:13 - 42:00) Decline Happens Gradually... Then Suddenly
(42:01 - 45:58) One Answer Is Real Estate
(45:59 - 49:25) History Rhymes
Tweetable Quotes:
"Humans are really bad when things are good... to look forward and imagine a world where it's not going good." – Anthony Vicino
"When there's a passing of the Baton to the next world power, that's not necessarily meaning that it's from one country to the next... it's just from one paradigm to the next." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Wouldn't it be great if you could back in time, and give yourself the best advice and tips?
What would you tell yourself? What would you do differently, with the information and knowledge that you have now?
Well... in today's episode, Dan and Anthony are going to discuss just that! They are going to layout 6 things that they wish they knew before their first real estate deal. So if you're thinking about getting into your first deal, you might want to listen in closely!
All of this and more on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"Almost everybody cuts corners. And if you're not careful, you are going to be the one that gets buried under an avalanche of sawdust and this one."– Anthony Vicino
"In the world of real estate, you know, it's going to take longer than you think." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
This Saturday we're going down the rabbit hole! Who is stopping you from learning about real estate investing? Conspiracy theories, government cover-ups... aliens?! Maybe it's all of the above.
But when you actually take a look at our systems, whether it be the government or the world system at large, there are unfair rules and legislation in place that prevent a lot of people from learning about real estate investing. And oftentimes, these rules are put in place by the ultra-wealthy, and guess what they're all investing in... real estate!
We all know interest rates are rising, not by a whole lot, but still... they're trending up!
We unpack all of this and more on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes.
Tweetable Quotes:
"The world, including these businesses regulations, the government, is actively stopping you from learning about investing in real estate."– Anthony Vicino
"They'll take care of your money for you because you're too dumb to even hope to understand." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
We're going back to the basics today, Anthony's got a lesson for ya! Now, while some of you listeners may know these terms, it's important to go back and review them. These are terms that EVERY real estate investor must know.
Don't forget to check out this bonus episode on Youtube if you want to see Anthony face to face as he breaks down the essentials of real estate investing.
So... what are the top 5 terms?
Find out, in another bonus episode of Multifamily Investing Made Simple!
Tweetable Quotes:
"These five terms are some of the most frequently used words you're going to need to know in your lexicon" - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
The other week, Dan and Anthony spoke at a local meet-up for people interested in getting into real estate investing.
It was such a great event, we thought everyone should be able to hear it! So, for this week's episode, we have the live recording of the event. Dan and Anthony give their background, wisdom, and advice to those who are just getting into the game.
If this episode sparks any questions of your own, feel free to reach out! Ask away!
All of this and more on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"It turns out it wasn't SWAT, um, turns out it was bounty hunters, which is way cooler, but they don't talk about that in books."– Anthony Vicino
"I got older and getting into college age, I was very focused on finance, making money, financial security, stability. These are things I was just obsessed with." – Dan Krueger
Review contest, through March
This past week, Dan and Anthony were a bit under the weather. So things might get weird this episode... weird like doing a Refi with Interest Rates on the Rise?
We all know interest rates are rising, not by a whole lot, but still... they're trending up!
So we've gotten some questions... How and Why are you doing a Refi when interest rates are going up? Aren't refi's supposed to be done when interest rates are lower?
What's the difference in Single-Family and Multifamily Refi's?
We unpack all of this and more on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes.
Tweetable Quotes:
"From the view of return on equity, if you have all this money sitting in your building and it's just sitting there dead, like it's not earning any kind of return, that's not helping you."– Anthony Vicino
"But in our space, it's a little bit different. There's another big incentive to do a cash-out refinance other than the rates." – Dan Krueger
Review contest, through March
We're back this Friday with another bonus episode from a YouTube video we just released!
Let us ask you a question... would you rather invest in a brand new, fancy, apartment building... or a building that's 10+ years older with nothing super special about it?
What's the difference? Oh, just higher returns, recession-proof cash flow, and a whole lot more. And we're not talking about the class A building! So listen in, or go watch the video, to see why we prefer to stay away from class A buildings!
All of this and more in another bonus episode of Multifamily Investing Made Simple!
Tweetable Quotes:
"We don't want to have an asset class that's going to be susceptible to the whims of the market." - Anthony Vicino
Review contest, through March
Everyone makes mistakes right? How about a mistake that loses you $200 hundred million? Today we are breaking down Mistakes Millionaires Make.
Remember, with each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! Check out, and download, this week's infographic below!
Harry Clark's, Mistakes Millionaires Make, gives you insight into the stories of millionaires you don't often hear. Behind the tales of glitz, glam, fame, and money... are the failures. It hurts the most when you fall from the tippy top. And Clark hopes to help prevent that from happening to you with this book. He interviews 30 entrepreneurs who ultimately achieved or maintained success, but not without the pitfalls of that journey to becoming a millionaire, and the catastrophic effects those losses had on them, their families, and countless others.
Here are our top 10 takeaways:
- Diversify
- Earning It VS Keeping It
- Know Yourself
- Asset Protection
- Leverage: A Double Edge Sword
- Keep It Simple
- Don't Do Business With The Government
- Cash Reserves
- Bad Luck Is Omnipresent
- You're Half Wrong
Download the infographic here!
Tweetable Quotes:
"Bad luck. It's omnipresent. And if you stay in the game long enough, you're going to be exposed to some pretty, pretty bad luck." – Anthony Vicino
"That's the innate nature of investors, to look at what the risk is, but a lot of business owners don't, they don't look at the downside." – Dan Krueger
Review contest, through March
We were so excited to celebrate our 200th episode this past weekend, that Dan and Anthony wanted to take a look back on some of their best segments on the podcast. We want to thank you all for supporting us! We hope that we've been able to simplify the multifamily investing process, and we hope to continue to do so for another 200 episodes, and more!
Now that we got all that emotional stuff out of the way... let's get into the meat and potatoes of this episode. Dan and Anthony hop in that ol' time machine of theirs and take us on a journey through some of our highest downloaded episodes. Revisiting questions and topics that everyone should know the answers to.
Here's a little breakdown:
(00:00 - 06:26) 200th Episode Celebration
(06:27 - 14:44) Ep 145 - How To Value A Building
(14:45 - 21:20) Ep 67 - The Jumbo Jet Investing Strategy
(21:21 - 28:31) Ep 126 - 3 Mistakes Almost Every Investor Makes
(28:32 - 39:54) Ep 69 - Where To Find The Money To Invest
Tweetable Quotes:
"I thought by two years we would only have a hundred episodes, but we're twice as far as I thought we'd be. And the takeaway for me has been that things might start slow, but continually grow and can get pretty big."– Anthony Vicino
"I've developed more of an appreciation for the quality of what we're delivering... I appreciate other people's content a lot more when I watch it too." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
This is our 200th episode! We are so excited to reach this milestone! Tune in to the next episode for a little celebration!
This week Dan and Anthony spoke at a real estate meet-up. After the event, Anthony spoke with a young professional getting into the industry and he wanted to know what exactly they meant when they say... "Play Long Term Games With Long Term People".
This Naval quote can be broken down into 2 parts, the game, and the people. Billionaires, people who are immensely successful in their industries, are constantly playing the long game. They are able to look at the industry and see its future. And then to play that game, they have to play with teammates. And these teammates need to be in it for the long haul.
We unpack all of this and more on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes.
Tweetable Quotes:
"I think generally we have a hard time as humans conceptualizing those time horizons at which not just money, but also skills and relationships compound."– Anthony Vicino
"It's always surprising how big of an impact small, consistent things can have given enough time and enough occurrences" – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
This week we are breaking down a favorite book here at Invictus Capital... Traction!
Remember, with each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! Check out, and download, this week's infographic below!
Gino Wickman's, Traction, gives you the key to strengthening the six key components of your business. With simple yet powerful ways to run your company that will give you and your leadership team more focus, more growth, and more enjoyment. Many companies (including Invictus Capital!) are applying Traction every day to run successful and profitable businesses.
Here are our top 10 takeaways:
- How To Have Meetings
- The Visionary Integrator Identification
- The 3 Uniques
- Letting Go Of The Vine
- Rocks
- The Vision Component
- Get Back Into The Box
- Analyzing People
- 80% Is Good Enough
- Data Component
Download the infographic here!
Tweetable Quotes:
"That's how projects become zombies. They never die. They never get to realize their full potential. They just kind of stay on the to-do list forever making a mental drag." – Anthony Vicino
"When you're a solo entrepreneur, you really have two kinds of aspects of the business that need to be taken care of, the visionary side and the operations." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
This week Anthony is breaking down return metrics... but you've probably never heard of these metrics!
ROI... return on investment, right? Not today. In this episode, Dan and Anthony will go through 5 unconventional return metrics and why they are so important when working in the real estate investing industry!
ROT- Return on Time
ROK- Return on Karma
ROE- Return on Energy
ROI- Return on Impact
ROR- Return on Reputation
All of these are key to multifamily real estate investing!
Tweetable Quotes:
"Reputation is one of those things that. takes years to build, and seconds to tarnish."– Anthony Vicino
"Our goal is basically just to walk around all day long and just help everybody around us every way we can." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
In this weekend's episode, Anthony and Dan "the boba tea" man are giving an update on the St Paul rent control situation.
In November, St Paul voted to enact rent control starting in May. Well... that timeline is approaching fast! In just a few weeks, rent control will begin to be enforced.
But here's the question... who's going to enforce it? There are so many aspects to the city's plan that don't quite make sense.
We unpack all of this and more on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes.
Tweetable Quotes:
"How are they actually going to enforce this bad boy? Rent control requires a whole lot of bureaucratic muscle."– Anthony Vicino
"What they've come up with now is they're saying that you can self-certify, that you are exempt from the increase for whatever reason." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
We're back this Friday with another bonus video, from a YouTube video we just released! You're going to want to watch this one too!
In this episode, Anthony breaks down the risks involved with investing and investing in real estate. What's riskier... a government bond, REIT, stocks, or commercial real estate?
To answer this... first we need to define risk itself!
Find out how, and more, in another bonus episode of Multifamily Investing Made Simple!
Tweetable Quotes:
"That Goldilocks zone of high returns and low risk is commercial real estate." - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
It's time for another Book Deep-Dive Episode! Each week we will dive into a book that Dan and Anthony have read recently. We'll give you an inciteful overview of the book, as well as our top 10 take-aways. 5 from Anthony, and 5 from Dan.
But wait... there's more! With each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! Check out, and download, this week's infographic below!
Keith J. Cunningham has built many different successful businesses, but in the 80s he assembled a massive real estate portfolio that ultimately failed. Keith says, "smart people do dumb things", so he wrote this book to help entrepreneurs avoid those dumb things. It turns out that the key to getting rich (and staying that way) is to avoid doing stupid things.
Here are our top 10 takeaways:
- Thinking Time
- Thinking Time Continued
- Majors and Minors
- The Bulk of My Problems
- Culture is King
- Doing Better
- Ask Better Questions
- Assumptions & Facts
- Consistency is Key
- Measuring Progress
Download this infographic!
Tweetable Quotes:
"If you're a very busy, high achieving individual, moving from one crisis or storm to another. High-level strategic thinking needs to occur in a time and a place." – Anthony Vicino
"Doing less is almost always better than doing more." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
2 years ago, on this day, Dan and Anthony set out to simplify Multifamily Investing!
But, they didn't start out in a studio with fancy cameras and mics. This podcast has changed in many ways! If you go back and watch or listen to the first couple of episodes... you notice one of the first changes we implemented was better sound quality! Because nothing turns people away from a podcast faster than bad audio!
But the format of the show has changed too! Segments have been added and dropped, guests have come and gone, and we now have 4 episodes released each week! Plus, we live-stream the podcast recording sessions on most Fridays (for those who just can't wait for the next episode to drop!).
In this episode, Dan and Anthony look back on the past 2 years and dive into how the podcast started and how it's transformed into what it is today. Plus a little peek at what's to come in the future!
Join us as we celebrate the 2-year anniversary of Multifamily Investing Made Simple.
Tweetable Quotes:
"I remember is when we first sat down to do the first podcast, it was super awkward because we didn't know how to talk to each other and also the audience."– Anthony Vicino
"That's one of the quickest ways to get rid of people, they might see bad video, but bad audio, man, that'll screw you." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
It's still everyone's favorite time of year, Tax Season!
So for today's episode, we come to you with a story! A while back, we were working on a deal and had an investor come to us with a problem...
They needed roughly $200,000 in depreciation... that's a hefty tax benefit and hefty goal. Well, we figured it out! Not without the help of multiple CPA's of course! We are not tax experts after all.
Join us as we discuss the tax benefits of depreciation, and how being a limited partner or a general partner factors into the benefits.
Find out all of this, and more, on another episode of Multifamily Investing Made Simple, in Under Ten Minutes.
Tweetable Quotes:
"We can be flexible and come up with a solution. That's one of the great things about being a small scrappy company. We can find a way to make the deal work."– Anthony Vicino
"You can do one or two deals a year that you're doing as a JV, just for that depreciation, and then do a bunch of other LP stuff to actually make money on." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
We have a special treat for you, dear listeners! A new weekly podcast episode! We are excited to introduce our book deep-dive episodes, where each week we will dive into a book that Dan and Anthony have read recently. We'll give you an inciteful overview of the book, as well as our top 10 take-aways. 5 from Anthony, and 5 from Dan.
But wait... there's more! With each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! Click the link below to download the infographic!
Naval Ravikant, an American entrepreneur and founder of AngelList, has successfully been able to distill gold. He is well known for his insightful content and has made a name for himself as a modern philosopher. In this book, Eric Jorgenson has taken the best of Naval's content, from podcasts, articles, speeches, and tweets, and created a helpful almanac guiding you to wealth and happiness.
Here are our top 10 takeaways:
- Wealth stacks up, 1 chip at a time.
- Desire is a contract you make with yourself.
- You won't get rich renting out your time.
- Living below your means and enjoying freedom.
- Owning equity leads to financial freedom.
- 99% of all effort is wasted.
- Play long-term games with long-term people.
- Inspiration is perishable.
- Long-term players make each other rich.
- The greatest superpower.
Link: Download the infographic!
Tweetable Quotes:
"We love books, we love self-education and we [00:01:00] love sharing what we've learned with the world." – Anthony Vicino
"He's (Naval) able to take a very complex and important topic and make it into like this little one-liner that kind of summarizes it all." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
There is a concept that we like to mention from time to time on the podcast... Failing your way to success. This is something we truly believe in. You must try in order to succeed, and if you fail, you have to try again.
So, in this episode, we are going to be discussing some of our biggest failures in life that have actually led us to where we are today. Without these moments in our life, we would not be where we are: our careers in investing, our relationships, etc.
Dan's first property, partnerships lacking synergy, finding our career path, and so much more. We have failed a lot. But through those failures, we have learned even more. It's what we can take from our failures that make our successes even more impactful.
Find out how to fail your way to success in this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"Failure is the universe showing you that you're not yet good enough in all the areas that you need to be in order to win the game. And you can take that and be demoralized by that. Or, you can get up and be like "well, I guess I just need to figure out how to suck less."– Anthony Vicino
"Failure is a prerequisite to success." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
In this Saturday's episode, we are going to talk about the worst reason to passively invest in syndication.
You heard that right! Not the best reason, but the worst reason!
Could it be the lack of control? When you invest in a property through syndication, you won't have control over said property as you would if you purchased it yourself... but maybe that's a good thing?
Now, back to today's episode... everyone is talking about the rising interest rates, especially in the single-family market, but how is it affecting the multifamily market?
Maybe you think it's the first step to becoming a GP, right? You'll get all the experience from the LP position, and you'll be ready to tackle the next deal as a GP? Wrong!
Find out all of this, and more, on another episode of Multifamily Investing Made Simple, in Under Ten Minutes.
Tweetable Quotes:
"I've been on a lot of planes, but the pilots aren't any closer to letting me in the cockpit." – Anthony Vicino
"Partner with somebody or go buy a property yourself. Probably the most efficient way to learn." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
While recording this week's episode, we tried something new! We are excited to announce that we will be live streaming our podcast recording sessions. Every Friday, from 3-5pm CST, you can watch us live from YouTube, or from Facebook. Check our social media for any updates and reminders! Come see what goes on behind the scenes, or ask a question!
Now for the episode... Red Flags.
We've talked a bit about red flags before, but in this episode, we are laying out some red flags that passive investors need to keep an eye out for!
How many operators should be on a deal? Return of capital versus return of cash? No preferred return?
We've got the answers, and more, on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"Self-awareness and self-reflection are superpowers." – Anthony Vicino
"Instead of making negative statements that are saying I can't, or that's impossible, just reframing that same statement as "how can I?" does amazing things." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
We've got an interesting topic, interest rates! Or more specifically, rising interest rates.
And... we have an exciting treat for you dear listeners in this episode, a very special show intro by Dan the show starting man! Apparently, he is your guide and shepherd!
Now, back to today's episode... everyone is talking about the rising interest rates, especially in the single-family market, but how is it affecting the multifamily market?
How do the rising rates affect a refinance on a multifamily property? Are the rates at a point of worry yet?
Find out all of this, and more, on another episode of Multifamily Investing Made Simple, in Under Ten Minutes.
Tweetable Quotes:
"Wealthy people, like billionaires, don't sell ever. They just continue owning and figuring out how to keep leveraging that asset and utilizing it to its highest potential" – Anthony Vicino
"We're trying to amass a portfolio and you don't really amass a large portfolio if you're consistently selling things off." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
One of the best aspects of investing in multifamily properties is the ability to force appreciation... But what does that mean?
In this week's bonus episode, Dan is going to break down forced appreciation, what it is, how it works, and even use an example property to walk us through the process.
This is another episode that you should definitely check out on YouTube because Dan is breaking out the ol' spreadsheet!
Wouldn't it be great if there was a really black and white, quantitative way of being able to forecast the value of the property?
Find out how, and more, in another bonus episode of Multifamily Investing Made Simple!
Tweetable Quotes:
"Once you wrap your head around how the valuation works and how the forced appreciation value add model works, I think everything else just starts to click." - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Want to know the 3 most common rules of thumb when it comes to investing in real estate? Well, you're in luck!
This is a question that Dan and I are asked frequently. "Can I apply this rule of thumb?"
This week we have done some research, poured through tons of material, and selected 3 of the most common rules of thumb we could find when it comes to investing in real estate. And now, we are going to compare them to our portfolio and see if they work!
The 1% rule, 50% rule, and even the 70% rule... do they apply to commercial real estate? What do all of these percentages mean?
Find out on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"The problem with the rules of thumb is they don't shift with the business model or the person's hand." – Anthony Vicino
"The main thing you want to focus on is having a concrete strategy and really clear investment parameters that you follow over and over again." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
In today's episode, we are talking about selling properties.
When Dan and I first started in this business, we of course got advice from many of the pros in the industry. And they all said the same thing...
Don't Sell! Often times their biggest regret was selling an asset and then seeing it double, triple, or quadruple in value over the next decade.
Now, this is not to say that the business model of "get in and get out" that many operators use is wrong... it's just not how we roll!
The trick is finding the right time to sell... but how?
All of this, and more, on another episode of Multifamily Investing Made Simple, in Under Ten Minutes.
Tweetable Quotes:
"Wealthy people, like billionaires, don't sell ever. They just continue owning and figuring out how to keep leveraging that asset and utilizing it to its highest potential" – Anthony Vicino
"We're trying to amass a portfolio and you don't really amass a large portfolio if you're consistently selling things off." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
It's that time of year folks... tax season.
Nobody likes to talk about taxes, but I think everyone likes tax benefits!
In this week's bonus episode, we are covering one of the best, yet rarely discussed, benefits of investing in real estate.
Dan breaks down depreciation and how it plays a role in the tax benefits an investor receives from investing in real estate, specifically multifamily real estate.
Wouldn't it be great to deduct the depreciation of a property from your taxes as a passive investor?
Find out how, and more, in another bonus episode of Multifamily Investing Made Simple!
Remember, we released this episode as a Youtube video so make sure to go give that a view!
Tweetable Quotes:
"Investing in real estate is a valuable resource for society." - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
We've got a fun fund episode for you this week!
Fund of Funds!
A couple of weeks ago, Dan and I attended the Best Ever Conference in Colorado, and we heard Hunter Thompson discuss the Fund of Funds model. This is something I've always been interested in utilizing, but there were always some issues that I just couldn't work out...
Well not anymore!
So we're going to discuss the model itself, as well as how it might play a part in Invictus Capital's growth over the next few years!
We discuss all of this, and more, on another episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"If you talk to 10 different billionaires about what's the most important thing about building a business, they will tell you the 10 different things." – Anthony Vicino
" Do your own work, do your own thinking, make your own decisions, take some inspiration from people, but don't just follow what they say because they're ridiculously successful." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Today we are discussing unicorns, leprechauns, and other make-believe things...
LIKE GUARANTEED RETURNS!
If you hear an operator say those words, you should turn the other way. There is no way for someone to guarantee your returns on an investment.
The idea of Guaranteed Returns completely goes against the idea of investing... risk! Now, that risk might be higher or lower, depending on the deal, but it exists in every deal. If there were true guarantees, everyone would be rich.
The trick is finding an operator(s) who can adequately describe those risks to you.
All of this, and more, on another episode of Multifamily Investing Made Simple, in Under Ten Minutes.
Tweetable Quotes:
"I'm never done twerking, I live to twerk." – Anthony Vicino
"If you're investing in something that has risk, there's no guarantee. That's why you're getting paid, because of the risk you are taking." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
This week's bonus episode comes from the one, the only, Dan... the bonus episode man!
Now, while we are putting this out as a podcast episode, we HIGHLY recommend you go watch this YouTube video. Dan was kind enough to provide some visuals in this video... his favorite, spreadsheets!
In this video/podcast Dan dives into depreciation and the tax benefits of investing in multifamily real estate. Dan actually takes us through an average value-add multifamily deal, so you can see the benefits for yourself!
All of this, and more, on another episode of Bonus Episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"Real estate has gotta be one of the best tax investments that you can make." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
This week we have, not just one guest... but two! I know we haven't had guests on the podcast in quite a bit, but we're very excited to be sitting down this week with Johnny Nelson and Mack Benson.
Johnny is a fund manager focusing on A & B class multifamily real estate, and Mack is a multifamily investor and syndicator.
Dan and I have known the two of them for quite a while, we go way back. But in the last year, we took down the craziest deal that I've ever heard of. It had so many twists and turns and so many learning opportunities.
So listen in as we discuss our life journeys as multifamily real estate investors, as well as our most recent rollercoaster of a deal.
All of this, and more, on another episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"Most people don't even realize that control is a thing that they could, and should, want and that they could realistically go get." – Anthony Vicino
"Sometimes you need to find something better, as opposed to just kind of accepting what's in front of you." – Dan Krueger
"I needed something that would allow me to take control of my future and commercial real estate and commercial multi-family real estate is where I found that." – Mack Benson
"I do a lot of meditation and make sure I feel like there's an inner peace there, when all that aligns, then I'd go after it. I go to go after it hard." – Johnny Nelson
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Quick note: Anthony requested this episode be titled "Would An Investor, By Any Other Name, Smell As Sweet?"... Dan requested that not be the title...
We've talked about accredited vs non-accredited before, but we have some new context in this episode. There's been some recent grumbling over at the SEC that could seriously change the game.
In today's episode, Anthony and Dan will discuss Gary Gensler, Chair of the SEC, and his new idea for the definition of an accredited investor.
We're not sure the likelihood of this passing, but this new definition would have the net-worth requirement increase by 10x. That's right... the new net-worth requirement would then be $10 million.
So listen in as we break this news down, and put it into context when it comes to being accredited vs non-accredited.
All of this, and more, on another episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"I'm your host, Anthony Bubba Gump Vicino joined as always by Dan." – Anthony Vicino
"I can't point to any issues that would be solved, only reduced opportunities for people, which seems completely counterintuitive." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
It's Friday! End of the week! And to celebrate, you're getting another bonus episode!
In a YouTube video released today, Anthony breaks down the key team members of apartment syndications.
The limited partners and general partners have had plenty of time in the spotlight, now it's time to hear about some of the other key players on the team!
Who do you call if there is a legal issue or contracts to review? Who brings in a majority of the loan value? Who guides you through the taxes?
We answer all of this, and more, on another bonus episode of Multifamily Investing Made Simple.
If you want to watch this video, just give that YouTube link a click!
Tweetable Quotes:
"A good CPA is just like a lawyer. They're going to save you more money than they cost you." – Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
This week we are answering a question from some of our younger listeners.
Last week, Dan and I attended a career fair at a local university here in the Twin Cities. And we were asked many times, how do you get started investing in real estate?
Dan and I are each breaking down what we think is the best way to start.
It doesn't matter your age, if you're new to this, you're going to want to listen to what we have to say!
We talk about jobs and positions that can lead you to your goals, connections you should make and how to make them, and how to hone your skills in this industry.
We discuss all of this, and more, on another episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"The three most important investments that you can make is number one in yourself. Number two is your network and number three is in your community." – Anthony Vicino
" Start networking, start meeting brokers, start meeting lawyers, start meeting bankers, start meeting all those people that you're going to have to be working with in the future." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
This week we are clearing our name!
Well... we weren't actually accused of anything. But we did get a misinformed comment through one of our marketing campaigns. And that sparked this episode idea, what are slumlords and how to not become one.
All jokes aside, this is an important topic for us, and something we hold near and dear to our hearts. One of our core values is to Lead with Value.
Everything we do should be for the betterment of others without the expectation of anything in return. This applies to our residents just as much as our investors.
Your goal as a property owner or investor should be to better the community and provide a home.
So listen in to find out how to avoid being a slumlord... On another episode of Multifamily Investing Made Simple, in Under 10 Minutes.
Tweetable Quotes:
"We try to add value, which is like lifting the tide and all the boats go up. So then the residents are getting more out of their living experience or getting a community they can call home, which is like the ultimate value." – Anthony Vicino
" I just want to be. I just want to be Larry David." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
We've got another exciting bonus episode for you all this Friday!
Today I put out a video that I hope will help you gain some clarity on how to make sure your investment goals align with your operator. Is your operator, and their business model, the right match for you?
So... if you can't watch and just want to give it a listen, then happy Friday! Here is a gift!
Let me play matchmaker for you and make sure your investing journey is a happily-ever-after scenario.
We will talk about these things…and more in another BONUS episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"Understanding your risk tolerance is step one to finding the right operators to partner with you. " – Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Wait a minute, Doc. Are you telling me you built a time machine...
This week we’ve got something special for you dedicated listeners!
We are going back in time! Over the course of this show, we have put down some serious knowledge.
So today we are going back and highlighting some of our favorite segments from previous episodes.
Whether they were funny or educational, these are some of the show’s defining moments and subjects. We discuss red flags to watch out for in investing, money-making myths, networking, and lots more.
Thank you to all of you who listen and support this show! We really appreciate each and every one of you!
Tweetable Quotes:
"Here's my general rule of thumb when it comes to predicting the future and guessing metrics, and you have to plug these metrics and to get your return projections always assume the worst when it comes to numbers that could help you and always assume the best when it's numbers that can hurt you." – Anthony Vicino
"How is anybody ever going to learn how to be financially literate if talking about money is taboo?" – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
That's right! You all are getting another BONUS EPISODE this week!
Today I put out a video explaining how to make passive income through real estate. I highly recommend you go watch it, just click the youtube link down below.
But... if you can't watch and just want to give it a listen, then you're in luck!
I break it down into 4 easy steps. So take a listen and discover the 4 best ways to make that passive income!
We will talk about these things…and more in another BONUS episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"If we're running a good business, then it's going to generate more cash flow per month than it costs us in expenses and our debt service." – Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
This week we are discussing something a student had asked me on a recent call.
How can you get into a GP role as a syndicator on a multifamily syndication?
Dan and I break down our thoughts and opinions on how to get into GP, LP, and even a KP role.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple, in Under Ten Minutes.
Tweetable Quotes:
"Having been an LP on deals, I do not know what I would learn. I do not know what I would really have learned from being an LP other than just having jumped into managing my own property." – Anthony Vicino
"Do all the things on a small scale. And then after you've done a couple of deals, go out and raise some capital from investors and syndication and be that GP" – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
I put out the Bat-Signal. I reached out to all my friends, family, and people I've done business with. And I asked them...
What are some of the lessons you learned in 2021?
We all know how crazy 2021 was, there had to be some good things that came out of the year. So what are some of the things you learned from the past year?
Everything from the government to self-improvement, we have distilled all of the best advice!
We will talk about these things…and more in another episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"Before you can lead a company or anything, you have to first be able to motivate and hold yourself accountable" – Anthony Vicino
"That that should be kind of the foundation of things for people is really just self-improvement every day." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
We've got another showdown this week! Are you ready to watch the big fight this Saturday?
Single-Family investing VS Multifamily Investing!
I know, I know... we're biased. We do love our multifamily investing! But in this episode, we really tried our best to give Single-Family investing a fair shot.
Dan and I go back into the ring, in one corner: Single-Family Investing. And in the other corner: Multifamily Investing.
How are they different, what are the pros and cons of each?
We will talk about these things…and more in another episode of Multifamily Investing Made Simple, In Under 10-Minutes.
Tweetable Quotes:
"Regardless of how well you're really running your single-family home, it's going to be based on comparables." – Anthony Vicino
"It's a heck of a lot easier to find a single-family house because you can go on any website, you can find where they're listed, but largely multifamily properties are going to be listed differently." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
We've got a special surprise for you this Friday! A bonus episode!
This short bonus episode actually stems from a YouTube video we just posted, and you can check that out HERE. I recommend giving it a watch, there are some snazzy graphics and visuals.
I am going to discuss Passive Investing... does it exist? Probably not in the way you thought.
So I hope you enjoy this Bonus Episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"There's always going to be a little bit of work, and if you try to cut too many corners, you're going to get buried in an avalanche of sawdust." – Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
This week we talk about the big one... the big B-word... The Bubble!
What is going on with that crazy housing market? Why is it so aggressive right now?
We're going to step into our time machine to explore the past, present, and future to better understand how the market got to this point. When it really comes down to it, it's a supply and demand issue, and understanding that, can give you some clarity on the market and its current status.
So... is there a bubble... is it going to pop?! Will the housing market simmer down or bubble over?
We will talk about these things…and more in another episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"The invisible hand of the Fed... where they just have to make the threat, or just the hint of an interest hike, and the market responds." – Anthony Vicino
"You've got a shortage of supply and you've got the dollar losing value. So those two things combined equals the absolutely crazy price action that we've been seeing." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
This week we answer a difficult question, but the answer is important. How do you raise rents fairly?
What is the difference between raising the rent and price gouging? It's important you reflect on this question with your morals and ethics. These are not just numbers and figures that are reoccurring every month, this is dealing with people's homes. Listen in as we discuss how to fairly adjust rent to match market value.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple, In Under 10 Minutes.
Tweetable Quotes:
"Time is a really nice luxury to have in a business model." – Anthony Vicino
"We provide something that somebody wants more than the money that we're asking them for in return ." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
Review contest, through March
This week we have a real show-down. Dan and Anthony are going at it old west style in a lively debate... is value-add multifamily investing dead? Join us as we hash it out on the podcast!
The multifamily investing market is different today than what it was 5, 10, or 20 years ago. Does adding value to older multifamily assets cost just as much as developing your own Class A building?
We will talk about these things…and more in another episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"You know, we all go through these periods when we're younger, we're in fantastic shape and then we get older, and now look at us ... jello." – Anthony Vicino
"As I've said before, there's just a major shortage. We've been behind on building for a long time in this country.." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Up or down? Up then down? What is going on with that IRR? In today's episode, we will be discussing why the IRR peaks, and then declines.
Join us as we discuss why the IRR seems to rocket up, then plateaus, and then... even trends downward. And we explain it all in under 10 minutes!
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in Under 10 minutes.
Tweetable Quotes:
“ Passive Investing Made Simple, where we dive into more detail and start to break it down a little bit more clearly. ” – Anthony Vicino
“ The internal rate return technically is, without getting too geeky on you, the discount rate at which the net present value of future cash flows is zero." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
If We Had To Go Somewhere Else To Invest... Where Would We Go?
For today’s episode, we will be discussing where we would invest, if we had to go somewhere else.
Come with us on a magical/theoretical ride where Minnesota has kicked us out. Where would we go? Where would we invest? And then, more importantly, what is our thought process of what lead us to one market over another market?
We will talk about these things…and more in another episode of Multifamily Investing Made Simple.
Tweetable Quotes:
“ If we were looking at a new market, we'd try to find a market that historically isn't the hottest market, but that we know is going to consistently perform regardless.” – Anthony Vicino
“ It would be great to have a home that's a vacation home, that's also an income property.” – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we're going to be talking about how to get around the minimum investment amount on syndication.
So one of the big drawbacks one of the big difficulties of syndication is that because of the administrative fees and how popular these things are, they tend to have a fairly high minimum investment amount. Usually starting at fifty-thousand dollars.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications is LIVE!!
Sign up for Audible Free Trial
Tweetable Quotes:
"You can't be willy nilly about it. You can't just be like, Oh, I'm bringing in this, he's bringing that." - Dan Kreuger
"If you only have $22,000 and you want to get into a deal where it has a $50,000 minimum, then you could pool your resources with the buddy or bucko or some guy on the street to create an LLC." - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
*Want to learn more about investing with us?*
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
Review contest, through March
In today’s episode, we're going to talk about how to get started. We're going to talk about five different ways that you can get started in multifamily investing today.
It's going to be a pretty hot little of an episode as we talk about some ways that we both employed and talking about some other ways that you might explore yourself, some of them better than others. We're just going to go in and let you guys know right now one of these ways it's real, real good, like really good. Like, you're going to love it!
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications is LIVE!!
Sign up for Audible Free Trial
[00:01 – 09:45] Bad Investing Advice: Pay Off Your Debts Before Investing
[09:46 – 14:01] Way #1 Into Multifamily Investing: House Hacking!
[14:02 – 16:24] Way #2 Into Multifamily Investing: Passive Investing
[16:28 – 19:52] Way #3 Into Multifamily Investing: Joint Venture and Syndications
[19:53 – 22:59] Way #4 Into Multifamily Investing: Do It All Yourself
[23:00 – 27:48] Way #5 Into Multifamily Investing: Go Invest In A REIT
[27:49 – 32:04] Book Recommendation And Final Thoughts
Principles for Dealing with the Changing World Order: Why Nations Succeed or Fail"You're battling logic versus emotions. When that happens, emotions are always going to win and it's hard when you're in a relationship and the other party doesn't quite see it that way." – Anthony Vicino
"Like, there's a saying a prophet is never recognized in their homeland. It's like you might be a genius. But the last group of people who think you're a genius, I can guarantee it is your family." – Anthony Vicino
"I think the most important step to getting started, to be honest, is to get really clear on what you want to accomplish. Right?" - Dan Krueger
"If it benefits you psychologically to get that debt off your books and it just makes you feel more comfortable and at ease and like, satisfied, then do it for that reason.” - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
*Want to learn more about investing with us?*
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Today’s episode is going to talk about our twenty twenty-two plans, seeing as it is January twenty twenty-two, let's lay out what is Invictus Capital's plan for the next year.
Its going to be a fun conversation because there's a lot of things. The last two years since we formed in 2019, it's been a crazy roller coaster of growth and just a lot of fun.
We are hiring an Invictus Capital. So for twenty twenty-two, we have a lot of goals, a lot of growth goals that it requires really awesome rock star people, reach out!
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications is LIVE!!
Sign up for Audible Free Trial
[00:01 – 06:49] Bad Investing Advice: In Order To Make Big Money, You Need To Be Contrarian
[06:50 – 14:21] Growth With Tripling Our Assets
[14:22 – 16:24] Getting Into Live Events And Live To Teach
[16:25 – 19:20] Behind The Scenes With Gino Barbaro
[19:21 – 27:32] We Are Starting A Fund!
[27:33 – 31:20] Book Recommendation And Final Thoughts
Simple Numbers 2.0: Rules for Smart Scaling: A Play by Play Analysis for Pure Growth"The thing with being the contrarian that people often forget is that you have to be contrarian and right. It does, you know, good to be contrarian and wrong."– Anthony Vicino
"It's like the curse of competence, like in a job where you get promoted to the highest level of your incompetence, right? Where if you're a great salesperson, if you're the top sales guy, you probably get to the sales manager." – Anthony Vicino
"What you need to have in order to be a contrarian is a good thesis for going against the herd. You don't want to just go against the herd for the sake of going against the herd. " - Dan Krueger
"It's not about money, really, it's just about building an awesome machine.” - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
*Want to learn more about investing with us?*
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we're going to do three, actually, it's going to be six. We are going to each bring our three benefits of multifamily investing that you never would have thought of.
Seriously, you never would have thought of these.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications is LIVE!!
Sign up for Audible Free Trial
Tweetable Quotes:
"The hidden benefit of investing in multifamily Number one is loads of credit card points." - Dan Kreuger
"My number one benefits of multifamily investing. But you never would have thought of is a place to stay if you ever get kicked out of your home." - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
*Want to learn more about investing with us?*
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we're going to be talking about an important topic that it's top of mind for a lot of people right now, which is, should you be holding cash in the bank or should you be investing?
This is not as simple as should you be saving versus should you be investing.
How do we know when we should sit on our hands versus taking action and actually invest?
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications is LIVE!!
Sign up for Audible Free Trial
Tweetable Quotes:
"The rate of inflation that we're seeing right now means that if you are just holding cash to the bank, you're effectively losing about seven and 10 percent a year in buying power." - Dan Kreuger
"It's still better to do nothing than to jump into the wrong thing and do something stupid. That's not to say you should sit on your hands and do nothing." - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
*Want to learn more about investing with us?*
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Today’s episode is going to be an interesting topic of why there are problems with pretty properties.
We're going to talk not just about the problem with pretty properties, but we're also going to talk about the three keys to hedging risky investments in multifamily or at least the three keys for Invictus.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications is LIVE!!
Sign up for Audible Free Trial
[00:01 – 07:08] Bad Investing Advice: Big Risk Equals High Returns
[07:09 – 17:48] #1 Key to Hedging Risk: Buying Under Rents
[17:49 – 19:53] #2 Key to Hedging Risk: Buying Under Markets
[19:54 – 13:37] #3 Key to Hedging Risk: Buying In Appreciating Locations
[21:23 – 27:01] Bonus Hedging Risk: Buying With Ability to Refinance
[27:02 – 32:45] Book Review
The Great Game of Business, Expanded and Updated: The Only Sensible Way to Run a Company"What are we building in 50 years? And it's like once you start to take that long view, everything kind of de-risks itself with enough time."– Anthony Vicino
"Once you start looking at all of those hidden variables, then you're like, Is this really worth our time and energy?" – Anthony Vicino
"Really looking at just if this area in this market and this asset class going to appreciate over the next five, 10, 15 years?" - Dan Krueger
"It's a great deal for somebody. The bottom line is it wasn't a bad deal. It just didn't fit the parameters that our investors have." - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
*Want to learn more about investing with us?*
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we're going to be going over concessions!
Let's talk about concessions and why this is so important. It's something as a passive investor and as an operator, you're going to need to be aware of it
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications is LIVE!!
Sign up for Audible Free Trial
Tweetable Quotes:
"Now, these concessions typically are not going to show up in the rent roll, right because these people are signing a 12-month lease at X amount of dollars." - Dan Kreuger
“Yeah, it's almost like someone's trying to sell you an old beat-up classic collectible car that still needs to be restored, but they want the price point of it actually being restored.” - Dan Kreuger
"How do I get you to want to come live in my place? Those little incentives can be the thing that tips it one way or the other." - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
*Want to learn more about investing with us?*
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Today’s episode is going to be a really interesting episode talking about fights because we got into one. We got a\into a little bit of a fight recently with a seller and if you stay in the game long enough, you're going to experience crazy sellers.
There's a lot to learn actually. We're not just sharing this to poo on a crazy seller, but there's a lot of things to learn about being an operator and underwriting and negotiating in general.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications is LIVE!!
Sign up for Audible Free Trial
[00:01 – 08:57] Bad Investing Advice: Take An Active Role In Your Invesments To Ensure You Success
[08:58 – 18:23] Fundamentally Not Seeing Eye To Eye
[18:24 – 21:34] Your Reputation And Being Insecure
[21:35 – 27:55] Base Your Decisions On Data, Be Emotionless
[27:56 – 33:08] Leaving Better Than We Started
Mastering the Market Cycle: Getting the Odds on Your Side"Your goal should be to make fewer, better decisions, just make better decisions, fewer of them."– Anthony Vicino
"The most important negotiating advice you'll ever hear is whoever is willing to walk away at the end of the day wins." – Anthony Vicino
"You can only make so many high-quality decisions before you just get kind of fatigued and you start making poor ones." - Dan Krueger
"The vast majority of people who are going to buy this type of thing are investors and investors are buying cash flow." - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
*Want to learn more about investing with us?*
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we're going to discuss why the property management company is in the red.
This is actually kind of embarrassing. It's a fact our property management company does not make money. It doesn't turn a profit. We have. never, made a profit, we have never made any money on it and we have tried.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications is LIVE!!
Sign up for Audible Free Trial
Tweetable Quotes:
"You guys are doing the management too. Well, isn't that a conflict of interest? Like, aren't you guys going to overcharge on this?" - Dan Kreuger
“We're equity holders in these deals, too. And so we're on the same page as the investors” - Dan Kreuger
"Resources and property management at its core is you get all the jobs that nobody really wants to do, all the thankless jobs, all the headaches without the upside" - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
*Want to learn more about investing with us?*
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Today’s episode is going to bring to you guys a very special episode in an area that we don't talk a lot about. It's new to us, it's probably new to you because, for a lot of people, it's very new, but it's very exciting terrain.
Crypto, blockchain, digitization, tokenization, and all these things will be discussed with our guest today Ryan Zega of T-Zero. T-Zero offers institutional-grade solutions for issuers looking to digitize their capital table through blockchain technologies and trade on a regulated alternative system.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications is LIVE!!
Sign up for Audible Free Trial
[00:01 – 03:29] Guest Introduction: Ryan Zega
[03:30 – 12:44] Ryan Zega Background and T-Zero Startup
[12:45 – 17:25] Where Is The Liquidity Actually At Right Now?
[17:26 – 22:55] How Are We Marking to Market?
[22:56 – 27:09] What Is Tokenization And Digitization Of An Asset?
[27:10 – 32:39] Is There A Size Or Scale This Makes Sense For Operators?
[32:30 –35:51] University Of Oxford Paper On Tokenization
"Overstock.com was one of the first publicly traded online retailers to actually accept cryptocurrency as a form of payment."– Ryan Zega
"Forget about all the buzzwords on tokenization. Digitization. Blockchain technology. We're really providing optionality for the LP" – Ryan Zega
"Similar to public markets, there is this market demand factor, right, where sort of buyers and sellers will have to determine the proper pricing "– Ryan Zega
"A lot of the traditional counterparties still exist within this ecosystem due to different regulatory requirements."– Ryan Zega
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
*Want to learn more about investing with us?*
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we're going to be writing on the back of napkins.
How do we underwrite on the back of a napkin really quickly and high level? You've got to be able to look at an opportunity and decide within a few minutes.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications is LIVE!!
Sign up for Audible Free Trial
Tweetable Quotes:
"We look at, I'd say, probably about one hundred deals and we move forward on those and actually close on maybe one percent of those" - Dan Kreuger
"Some neighborhoods are just a no-go immediately. Don't even have to bust out my napkin. I just know those neighborhoods." - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
*Want to learn more about investing with us?*
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Top 6 Resident Complaints
Today’s episode is going to be a guilt trip. Please, please, please go leave a review. If you find anything that we're about to say helpful, then we’re not going to say you owe us, but we got an IOU over here with your name on it.
Enough strong-arming. We each compiled a list of three, so we're going to look and compare notes of what he thinks are the top resident complaints we receive and so that you can be prepared if you deal with residents.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications is LIVE!!
Sign up for Audible Free Trial
[00:01 – 07:14] Bad Investing Advice: The More You Know About The Thing, The Better You’ll Be In Investing
[07:15 – 09:45] #1 Resident Complaint: Slow Maintenance Response Time
[09:46 – 12:27] #2 Resident Complaint: Crappy Water Pressure
[12:28 – 13:37] #3 Resident Complaint: Cleaning Or Lack Thereof
[13:38 – 20:16] #4 Resident Complaint: Other Tenants
[20:17 – 22:20] #5 Resident Complaint: Poor Communication
[22:21 – 24:43] #6 Resident Complaint: Security Deposits
[24:44 – 29:29] #7 Bonus Resident Complaint: Write A Review To Get This 7th Adequate Complaint
The Wizard of Lies: Bernie Madoff and the Death of Trust
"Theory versus practice, exactly. You can't learn how to ride a bicycle in a seminar, you've got to go ride a bicycle. That's the only way to do it."– Anthony Vicino
"Even if you don't hear anything about the other residents and like the general community at the building, you might be having a high turnover rate because there's something going on there that you're just you don't have your finger on the pulse of." – Anthony Vicino
"You'd be amazed how many property managers out there can't even do that simple response now, regardless of how long it actually takes to solve the problem. " - Dan Krueger
"Most issues are rooted in some sort of communication disconnect. So if you can get that piece ironed out, it's probably the biggest." - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
*Want to learn more about investing with us?*
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Today’s episode is going to be a really emotionally charged episode as we dive in to talk about why real estate investing is evil.
We invest in real estate and We are evil as a result. We are going to unpack what all that means.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications is LIVE!!
Sign up for Audible Free Trial
[00:01 – 04:53] Bad Investing Advice: Do What You Do And Never Be Open To Change
[08:04 – 10:10] Investing In Real Estate Is Morally Reprehensible
[17:06 – 20:53] Zero-Sum Game
[20:54 – 25:51} Believing We Have All The Answers
[25:52 – 27:27} Book Recommendation
[27:28 – 31:21} Giving Value Once You've Taken Value
Jab, Jab, Jab, Right Hook
"Just because we drink our Kool-Aid so deeply doesn't mean that another Kool-Aid isn't also very cool."– Anthony Vicino
"A lot of times people will say things like, well, home and shelter. It's like a basic human need, and therefore it's evil to profit off of a basic human need." – Anthony Vicino
"Real estate or entrepreneurship. I think it's a game that is a hard period for everybody. But you can get into it if you really, really want to" - Anthony Vicino
"I think people just feel the need to reinforce that they're doing the right thing more than they're really concerned about actually doing the right thing." - Dan Krueger
"You have to look at people individually and judge them on their own moral and philosophical beliefs. " - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we're going to give you the pure nuts and bolts that you need to know. The difference between good versus bad debt.
If you're buying a thing that sits there and loses value and produces no kind of cash flow on credit, Is it good or bad debt?
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications is LIVE!!
Sign up for Audible Free Trial
Tweetable Quotes:
"Good debt versus bad debt, I think the simplest way I can sum it up is consumer debt.." - Dan Kreuger
"To be a great investor you need to understand how to leverage the different types of debt advantageously." - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we are going to dive into the 10 best real estate investing books.
We've read literally a lot of books out there on the subject of real estate investing. These are the 10 best + 1 bonus.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications is LIVE!!
Sign up for Audible Free Trial
[00:01 – 09:47] Bad Investing Advice: Debt Is The Enemy!
[09:48 – 13:51] Book #1: Rich Dad Poor Dad
[13:52 – 16:40] Book #2: The Millionaire Real Estate Investor
[16:41 – 18:31} Book #3: Rich Dad Advisors: ABCs of Real Estate Investing
[18:32 – 20:39} Book #4: Rich Dad Advisors: The Advanced Guide to Real Estate Investing
[20:40 – 22:23} Book #5: The Book on Managing Rental Properties
[22:24 – 26:10} Book #6: What Every Real Estate Investor Needs to Know About Cash Flow
[26:11 – 29:21} Book #7: Rich Dad Advisors: Tax-Free Wealth
[29:22 – 31:02} Book #8: Best Ever Apartment Syndication Book
[31:03 – 32:49} Book #9: Raising Capital for Real Estate
[32:50 – 36:06} Book #10: Passive Investing Made Simple
[36:07 – 39:52] Closing With Book Recommendation
Real Estate Finance and Investments Risks and Opportunities
"I really want to drive this home the telling your brain that you can't do something versus asking your brain, How would I do? This is such a game-changing mindset shift."– Anthony Vicino
"Still, like ABC's is the shallow end of the kiddie pool, and advanced is the deeper side, but it's the same pool, so it's going to feel like a lot of the same stuff." – Anthony Vicino
"It's always the best way to test your knowledge of something. Just try to teach somebody else." - Dan Krueger
"The tax piece seemed like it would be the most boring part. In reality, it was one of the most powerful parts and one of the most exciting parts." - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we're going to dive into two things. Invictus Capital's latest acquisition and we will be giving our thanks!
We're going to discuss a property purchased earlier this week called Emerson Properties. Two buildings, twenty-three units, and then we're going to do the quintessential cliché Thanksgiving episode where we list what three things each we're thankful for.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications is LIVE!!
Tweetable Quotes:
"If you don't see an immediate opportunity right away, sometimes it pays to dig a little bit deeper and look at something a few more times." - Dan Kreuger
"The lesson, I think, is never write something off entirely and don't burn bridges with sellers" - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we are going to dive into six problems that Invictus Capital solves for investors.
If you are a passive investor and you have a problem. My guess is it will revolve around one of these six things that we will go over in this episode.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications is LIVE!!
[00:01 – 08:03] Bad Investing Advice: A Good Investment Is Always Going to Have High Return And Low Risk
[08:04 – 10:10] Problem #1: Returns
[10:11 – 13:40] Problem #2: Mitigating Risk
[13:41 – 16:48} Problem #3: Taxes
[16:49 – 20:39} Problem #4: Diversification
[20:40 – 23:36} Problem #5: Time
[23:37 – 29:38} Problem #6: Windfall
[29:39 – 36:16] Closing With Book Recommendation
Bad Blood: Secrets and Lies in a Silicon Valley Startup
The Road Less Stupid
"Real estate is like a big ocean tanker, whereas the stock market's much more like a nimble speedboat out there on the waves."– Anthony Vicino
" I mean, at the end of the day, what's money but if not a tool. A tool for ideally buying back your time and living life on your terms." – Anthony Vicino
"If people are invested in things that don't have any kind of cash flow or any kind of income stream, that's the problem, right? You're betting entirely on the appreciation of the asset and you don't get paid to wait." - Dan Krueger
"You're investing in something that is a basic human need and that is very unlikely to go out of style in the next couple of years." - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be talking about three ways to value a building.
This is top of mind for Invictus Capital right now because we just had the appraisal come back on a building, which it came back around $200,000 more than what we have it under contract for.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications is LIVE!!
Tweetable Quotes:
"The income approach is the bread and butter of the commercial real estate, whether it's apartments or industrial or retail-like, it's how you value a business" - Dan Kreuger
"What's interesting about the appraisal reports is that the cap rates are derived in a couple of different ways. They look at past sales, they'll look at local opinions, so they'll go, and like you report some brokers, they'll look at reports." - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we are going to dive into a pretty important topic, how do you know you actually have a good deal?
We're going to look at three things three factors that you got to have on lockdown to know if this deal is in fact, a great deal.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications is LIVE!!
[00:01 – 08:15] Bad Investing Advice: More Data Is Better! Data, Data, Data
[08:16 – 18:44] Factor #3: The Market - Location, Location, Location
[18:45 – 24:38] Factor #2: Ability To Execute On A Business Plan
[24:39 – 50:01} Factor #1: The Operators
[50:02 – 52:26] Closing With Book Recommendation
The Power of Now: A Guide to Spiritual Enlightenment
Reminiscences of a Stock Operator
"The more you do a thing, the less risky it becomes in the future because you have more data. That data is born from experience"– Anthony Vicino
"The longer we have to play, the less risk we have." – Anthony Vicino
"At the end of the day, the market we can get in the worst market and we can have the worst business plan. But the right operator can still make it work." – Anthony Vicino
"Most passive investors need to be spending the bulk of the vast majority of their time identifying those key people to work with and then the actual deals that they invest in should be almost an afterthought." - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be talking about a couple of questions in the syndication world. Can we 1031 out of this deal?
This week we're going to go over the specifics of a swap and drop.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications coming soon!
Tweetable Quotes:
"If you are looking for 1031 opportunities and you're investing in syndications now, you'd know that this strategy is a resource. So it's just a matter of finding operators who could facilitate that" - Dan Kreuger
"They're asking is like their individual limited partnership share in the deal, they're wondering can they 1031 out of that to offset the tax liability and go into a new deal?" - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we are going to be talking about our three uniques. The three things that make Invictus Capital, and what we do are unique.
We will be going over why you have to understand what makes you unique. Why should people do business with you? Hopefully, this gives you a little bit of insight into how we think about that.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications coming soon!
[00:01 – 15:39] Bad Investing Advice: Read An Article And Then Go Buy The Thing
[15:40 – 21:23] Unique #1: We Are Local
[21:24 – 28:07] Unique #2: We Are Vertically Integrated
[28:08 – 50:01} Unique #3: We Are Impact Driven
[50:02 – 52:26] Closing With Book Recommendation
The Scarlet Lay of Wall Street
"What's my outcome? I would sit and reflect and say, What is it that I'm doing right now? Why am I doing this thing? What am I? What am I trying to get out of it?"– Anthony Vicino
"So before they ever go to market, we've probably already seen them. And so that's a very powerful advantage." – Anthony Vicino
"It wasn't until I got really focused on psychology that I actually got good at it. And I think that's what most people miss is they think that they need to figure out the technical aspect of it." – Dan Krueger
"If you're an out-of-state investor, it's really tough to pick up on those little, those little nuances of those neighborhoods, those dynamics and just kind of knowing that" - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be talking about a very special under ten-minute episode as we dive into a very complex, very convoluted, very politically charged topic.
This week we're going to unpack St. Paul's recently passed rent control law that is the most strict that has ever existed in this country.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications coming soon!
Tweetable Quotes:
"Tt's simple economics. If there is no incentive for somebody to come in and build the supply that's needed, they're not going to do it. - Dan Kreuger
"In all cases, rent control tries to solve a supply issue and all it really does is make the issue worse." - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be doing our first ever live podcast!
We will be going to be tackling the very hot topic of rent control. We're going to be doing it live without a net. There's no parachute. So if we flub up, we die. But this is going to be a really interesting episode!
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications coming soon!
[00:01 – 05:53] Rent Control, Some Of The Effects And What That Means For Investing
[05:54 – 13:26] What Is The Problem Rent Control Aims To Solve?
[16:49 – 18:01] This Might Be The Biggest Problem, The Vacancy Control
[18:02 – 28:53} What Minneapolis Had In Their Votes
[28:54 – 45:47} Rents Are Only One Portion Of The Ways That We Can Make Money On A Multifamily Asset
[48:37 – 53:48] Talking Through What Some Of These Changes Mean On The Bottom Line
[53:48 – 1:04:52] Q&A
"Typically how we see rent control go into effect. It's a percentage plus inflation."– Anthony Vicino
"One of the things that we see when rent control does go into effect across the board in any city when it happens. Investors, broadly speaking, start to convert their apartments and their single-family homes into condos, and so more supply goes off the market and creates more of a crunch." – Anthony Vicino
"We're pretty conservative, we kind of always assumed that the future's going to stink and we always hope that that doesn't play out." – Dan Krueger
"If there is not enough supply to meet the demand, prices will rise until equilibrium is reached, right? That's just simple, basic economics." - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be talking about a confusing topic, taxes!
This week we're going to unpack how to understand the tax component of owning real estate.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications coming soon!
Tweetable Quotes:
"Generally speaking, you should look at the investment itself as a tax-efficient vehicle, not as a solution to your high taxed income at your earned income job. - Dan Kreuger
"Unless you qualify as a real estate professional or your spouse qualifies as a real estate professional, you're not going to be able to take advantage of the full breadth of tax benefits associated with real estate." - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be diving into the 5 traits to look for when vetting an operator.
We will be going over why you shouldn't just go straight to the numbers first on a new deal.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications coming soon!
[00:01 – 08:08] Bad Investing Tip Of The Day: "Invest In Something That Has The Highest Risk-Adjusted Return"
[08:09 – 14:22] Reason #1: Personality
[14:23 – 16:48} Reason #2: Track Record Success
[16:49 – 19:57] Reason #3: The Team
[19:57 – 27:15} Reason #4: Education, Resourcefulness, and Experience
[27:16 – 32:04} Reason #5: Trustworthiness
[32:03 – 35:01] Closing Segment
Book Recommendation
Shut Up and Listen!: Hard Business Truths that Will Help You Succeed
"I think step one is to be cognizant. Just awareness goes so far as self-awareness, investing, awareness, just understanding what are the implications"– Anthony Vicino
"Personality is more about finding an alignment of communication styles. We all communicate differently." – Anthony Vicino
"You just need to spend a lot of time interacting and engaging with somebody and see. Right. Time will tell if somebody is trustworthy" – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be driving into inflation!
This week we're going over how inflation happens and why it personally affects you when the government prints money.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications coming soon!
Tweetable Quotes:
"The government creates money out of nowhere. It ends up in the system and you get more dollars chasing more things, and each dollar is subsequently worth less as they create more of it - Dan Kreuger
"Inflation is the silent killer. It's a silent expense or a silent tax that doesn't show up on a spreadsheet unless you're really looking for it" - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing the 3 reasons to invest in multifamily assets right NOW.
We will be going over the reason why NOW is the perfect timing and all that are aligning to make it the best investment in 2021!
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications coming soon!
[00:01 – 08:53] Bad Investing Tip Of The Day: "Don't Buy Multifamily Assets" & "Cash Is King"
[08:54 – 20:45] Reason #1: Inflation?
[20:46 – 29:26} Reason #2: Interest Rates Are At Historical Lows!
[29:27 – 39:11] Reason #3: Supply vs Demand Curve
[39:12 – 43:35] Following The Mindset of Start-Up to Made it
Book Recommendation
Amazon Unbound by Brad Stone
The Everything Store by Brad Stone
“So while cash does give it the power to do things, it is also what I like to call an ice cream cone on a hot day, right? It's melting, it's losing value, and it's depreciating pretty rapidly compared to a lot of things." – Dan Kreuger
"The question that you have to ask and answer for yourself is what is the minimum amount of cash that you need to have available to you at any given moment? And really, that's probably how much cash you should be sitting on "– Anthony Vicino
"The problem with it is that inflation is real and expenses are going to increase every single year. Whether or not you raise your rents or don't. The utility companies, do not care." – Anthony Vicino
"If your biggest expense is fixed and then your operational expenses and your income are tied to the inflation net, you're going to be coming out ahead. " – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be talking about a topic that has come up in multiple conversations recently, Loan Assumptions!
This week we're going over why you would or would not want to pay off a loan that is not under your name.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications coming soon!
Tweetable Quotes:
"Usually someone has some incentive to do it, otherwise, it wouldn't happen" - Dan Kreuger
"That's why you hear us harp on this on the show as well. We always say you've got to match the right debt with the deal you're doing" - Dan Kreuger
"If I could leave you with one thing to walk away from this episode with is never going into a deal until you know how you're going to get out and don't go into any deal if it only has one way out." - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing the difference between investing in a portfolio of single-family homes or multifamily buildings.
We will be going over a hypothetical scenario of owning 100 single-family homes versus a 100 unit apartment building.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications coming soon!
[00:01 – 05:34] Bad Investing Tip Of The Day: "Diversify as much as possible!"
[08:39 – 12:04] Why We Are Pro Multifamily?
[12:05 – 17:57] The Valuation Conversation, Having Control
[17:58 – 27:28] The Complexity Of Exiting 100 Units
[21:05 – 25:52] Go Big Or Go Big?
Book Recommendation
Green Light - by Matthew McConaughey
Audible Link
“Ultimately diversifying, you have a little tiny bit of money in every single thing that's out there. You're going to achieve the average of everything, which is not that great" – Dan Kreuger
"If you're listening to a podcast on real estate investing, you have probably more of an edge than you realize, even if you're a passive investor"– Anthony Vicino
"Let me just throw this out there. A hundred different tax returns, ugh" – Anthony Vicino
"It's way more efficient to take down a hundred units in an apartment building than it is to buy one hundred houses, even if it's one transaction" – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be talking about the opposite of being sloppy, which is the extreme focus, hyper-focus!
This week we're going over advance investors confirming that they like working with individuals who are hyper-focused on their niche.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications coming soon!
Tweetable Quotes:
"I think the tough part for people is really not getting distracted by all of the other things that people are talking about FOMO." - Dan Kreuger
"We like to stay in our lanes, we're control freaks" - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing contrarian investing and what it means to go left when everybody else is going right. Why you should zig instead of zag.
We will be going over a framework for understanding and looking at the world for navigating changes. What works today won't necessarily work tomorrow.
The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications coming soon!
[00:01 – 08:38] Bad Investing Tip Of The Day: "If it ain't broke, don't fix it"
[08:39 – 12:12] Successful Contrarian Investing
[12:13 – 17:10] Balance Leads to Excess and Excess Leads to Balance
[17:11 – 27:28] The Affordability Index
[27:29 – 32:15] Why You Should Read Books About Economics
Book Recommendation
Basic Economics by Thomas Sowell
“No matter how good you think you are at a thing. Remain humble, remain open, and always be learning" – Dan Kreuger
"The only constant in the universe is changing, right? That's the only thing we can really rely on is that things are going to change in the future."– Anthony Vicino
"A city allows for people to focus in specifically on what they're doing rather than trying to do everything at once." – Anthony Vicino
"If you stop innovating, you're not just going to cease to grow, you're actually going to shrink because other people who are innovating are going to steal your market share and you are going to go out of business" – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be sharing our story of how we met, but then also talk about networking and the power of networking.
This week we're going over being super uncomfortable with the whole networking thing but in the end, striking up a relationship.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Our Book is LIVE! Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications
Tweetable Quotes:
"I guess the bottom line is it's worth it because I'm the exact same way, super uncomfortable with the whole networking thing." - Dan Kreuger
"One of the really interesting things is you can have you can learn so much more about your industry really quickly in a short period of time during the networking periods" - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guest for today is an attorney and a graduate of the University of Florida Law School. He has started his career with Advanta IRA in 2006. His experience with various investment types and their unique processes makes him an invaluable asset. He holds the designation of Certified IRA Services Professional (CISP) and leads engaging seminars and webinars that educate the public on the intricacies of self-directed IRAs.
Additionally, our guest also has assisted numerous clients with investments using their self-directed IRA accounts and is very familiar with the process involved for all types of investments.
Let’s dive right in and learn from Scott Maurer how to have more control over your IRA, 401k, or other similar investments!
New book LIVE! Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications
[00:01 – 07:22] Opening Segment
- We introduce our guest, Scott Maurer
- Scott talks about his background
- Scott goes over his bad investing advise
[07:23 – 17:16] Political Science 101
- Nick talks about a recent Bill that is being put together
- 2 hidden provisions that will impact average investors to invest
[17:17 – 26:12] The Government Making The Tax Code Fair?
- Why people look to invest outside the stock market
- The laws made for the average people are hurting the average people
[26:13 – 32:48] The 3.5 Trillion Dollar Bill Process
- Draft of the Bill
- Common provisions
- Voting majority to pass
- Educate your representative and be active
[32:49 – 38:01] Closing Segment
- Final thoughts
- Scott's documentary recommendations:
The Vanishing at The Cecil Hotel
“People who've been successful on Wall Street did not just simply set it, forget it, and walk away from it.” – Scott Maurer
“The idea the IRA is really meant, I guess in some sense, a middle-class investment. Or it's a way for the average person to sock money away on a tax-preferred basis and grow their retirement accounts” – Scott Maurer
"I just have to worry about if Dan and Anthony are doing what they said they were going to do, and if they do, the numbers are going to play out and I get a good return."– Scott Maurer
"If I have fifty thousand in my savings account, but I have one hundred and fifty thousand in my IRA, I'd much rather use money in my IRA account for an illiquid investment than tap into my own savings." – Scott Maurer
Connect with Scott Maurer! See the links below:
Go to his LinkedIn page to connect with Scott Maurer. Visit Advanta IRA Website and Youtube.
Review contest, through March
For today’s episode, we will be discussing an exciting topic, the difference between poor people and rich people.
This week we're going over human behavior. More specifically, taking a look at different types of people and what separates them apart from one another.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"I think that a lot of people are just kind of saving because they just don't really know what to do and they'd rather save their money in the bank than do something that they don't understand " - Dan Kreuger
"the poor spend, the middle class save and the rich invest" - Anthony Vicino
"Whether you're investing in real estate, we like real estate because it's a real asset that doesn't lose its value in the same way. Like, you can't just print another building" - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing eight important habits that have gotten us to millionaire status.
This is going to be an interesting clickbaity conversation as we shed some light on life-changing habits.
New book LIVE! Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications
[00:01 – 07:43] Opening Segment
- Bad investing tips
- Do not get caught in fads
[07:44 – 16:18] The First Habit To Make A Million
- Explaining what a million means first
-
1 - Read constantly
[16:19 – 18:48] The Second Habit To Make A Million
-
2 - Exercise daily
- Maintain your temple
[18:49 – 21:37] The Third Habit To Make A Million
-
3 - Finding mentors
- Actively be seeking mentors that have done what you want to do
[21:38 – 24:47] The Fourth Habit To Make A Million
-
4 - Return on karma
- Try to help everybody as much as possible
[24:48 – 27:09] The Fifth Habit To Make A Million
-
5 - Network every single day
- Use a longer-term time frame
- Asking the questions
[27:10 – 34:26] The Sixth Habit To Make A Million
-
6 - Keep a decision journal
- What is your system when deciding
- Email Anthony@invictuscapital.com for a copy of the decision journal template
[34:27 – 38:00] The Seventh Habit To Make A Million
-
7 - Practice daily gratitude
- The goods outweigh the negatives
[38:01 – 45:43] The Eighth Habit To Make A Million
-
8 - Ditch the to-do-list
- Time block and rank your list to do
[45:44 – 41:50] Closing Segment
- Right now we are in a good market
Book Recommendation
Creative Cash - Bill Ham
“There are commonalities among people who are successful and one of them we are talked about reading, they'll read but the second one is they've all got some sort of physical activity thing that they do on a regular basis" – Dan Kreuger
"Money is just a tool that allows us to buy back our time and live life on our terms"– Anthony Vicino
"judgment is a superpower, hone it with intention" – Anthony Vicino
"How does the universe not pay you back if, like you provide a ton of value like it's got to reconcile at some point?" – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing a recent study and report of our home city being in the Top 50 of best cities to live in.
This week we're not taking the complexity out of something. This episode will be a little humblebrag.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"Minnesota was tied with only two other states to have three or three of them. I'm sorry, three other states have three cities appearing on this list." - Dan Kreuger
"Texas, Tennessee, and Georgia for the most cities in the top 50." - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing three important mistakes new investors make.
This is going to be an interesting conversation as we shed some light on the common mistakes through examples.
New book LIVE! Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications.
Get the book for FREE!! Just pay for the shipping!!
[00:01 – 10:26] Opening Segment
- Bad investing tips
-
tombilyeu
[10:27 – 18:24] The First Mistake New Investors Make
- Even experienced must keep these mistakes top of mind
-
1 - Opportunity
- The Operator
[18:25 – 25:00] The Second Mistake New Investors Make
-
2 - Seeking excitement
- NFTs
- Crypto
[25:01 – 31:21] The Third Mistake New Investors Make
-
3 - Prioritizing returns over risk
- Use a longer-term time frame
- Asking the questions
[31:22 – 41:50] Closing Segment + Bonus
- An important skill to adapt, journaling
- Mental mapping
- Bonus #4 mistake - Going through life not really understanding why
- Book recommendation
Poor Charlie's Almanack
“ I think a lot of new or an investor makes is they focus on the problems and they stop looking for opportunities." – Dan Kreuger
“I think 2020 showed us, if nothing else, how important being in groups of people can be and so promoting the healthy aspect of social connection."– Anthony Vicino
"I do think good investing is built on the back of boring " – Anthony Vicino
"I would say at the end of the day, we assist people in realizing other avenues that they could take in life to achieve whatever it is they want to achieve. " – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing what to do when you have multiple deals to compare.
This week we're covering something for those who are underwriting numbers fanatics.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"we're always kind of wondering internally, like, what are they looking at on their ends? How are they making this work? Or do they have some sort of business plan that they're going to execute that we didn't even think of?" - Dan Kreuger
"what it was is a classic mistake that a lot of new underwriters make, which is they assumed from day one that they would be able to go and achieve one hundred percent occupancy and do their unit turns in the first quarter" - Anthony Vicino
"They didn't just add a line item in revenue for the bill back. They also decreased their expense line item. Hmm, right? So you're not supposed to double-dip." - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing three important aspects of a real estate deal.
This is going to be an interesting conversation to see what is proposed as the most important.
New book LIVE! Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications.
[00:01 – 10:00] Opening Segment
- Bad investing tips
[10:01 – 16:04] The Passive Investing Made Simple
- The Deal itself
- The Operator
[16:05 – 21:14] The Third Aspect Of The Most Important Thing
- The Market
- If the market isn't there, then you got nothing
- Hav
[21:15 – 26:39] The Perspective With A 50,000ft View
- Having the homecourt advantage
- Looking at the business from the Top Down
- Double-check your market
[26:40 – 34:52] Closing Segment
- Book recommendation
Traction
“You know, at that point, you need to start taking some chips off the table and allocating them into something that's not correlated to you because you could get hit by a bus." – Dan Kreuger
“the way that I think about this is numbers don't lie, but I can make them say whatever I want them to say, right?"– Anthony Vicino
"This is like the target is business owners, small business owners, medium business owners, entrepreneurs, people who have built something." – Anthony Vicino
"I think that's a perfect example, because all the, you know, the smart money for lack of a better word is one hundred percent looking at the operator." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing one of the most complex questions. What should I invest in?
This week we're covering the 3 best investments to make. One of them surprisingly is not real estate.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"You've got to put every dollar into getting as smart as you can get and try to know and understand everything that's out there." - Dan Kreuger
"you are the most valuable asset. So anything that you can do that adds value to yourself, it's going to compound over time." - Anthony Vicino
"I would say learn how to communicate. Communication, whether through the written word or through the spoken word" - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing the people who Invictus serves as apartment syndicators.
This is going to be an interesting conversation to see how we think through who we believe is best suited for Invictus.
New book LIVE! Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications.
[00:01 – 06:30] Opening Segment
- Bad investing tips
[06:31 – 10:12] The Investors That Work With Us
- Business owners are the target
- Entrepreneurs who have built something
- Dan's first business
- Anthony's first business
[10:13 – 12:39] Dan's First Business
- Personal Training
- Coaching
- Matching corporate salary
[12:40 – 15:34] Anthony's First Business
- Window washing partnership
- Realizing relationship between business and real estate
[15:35 – 34:52] Closing Segment
- Live event in November
- Book recommendation
How to Make Offer so Good People Feel Stupid to Say No
“the problem is so people have static investment parameters. Right. And they don't change. So the market dynamics can change. The world can change.” – Dan Kreuger
“It's very simple. Do two things. Build a business, invest in real estate. If you do those two things in a long enough time frame, you will be wealthy."– Anthony Vicino
"This is like the target is business owners, small business owners, medium business owners, entrepreneurs, people who have built something." – Anthony Vicino
"At some point, you start to lose sleep at night because you realize, oh, my goodness, I have laid a giant golden egg into one single basket. I am the golden goose if somebody plucks me, what happens. If somebody takes my basket, what happens?" – Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing how much you stand to make in apartment syndications.
This week we're covering what type of returns you can make as a real estate investor.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"my answer to people now is to pay your expectations somewhere in the mid-20s, average annual return, there's going to be deals that do better than that. There are going to be deals that don't quite get that." - Dan Kreuger
"whether you're looking at value add C class multifamily like we do or class A, you're getting returns either better or twice as good with a risk profile comparable to the government bonds" - Anthony Vicino
"I think twenty to twenty-five percent IRR is pretty common in the types of deals that we do." - Anthony Vicino
"we like good quality buildings that are good neighborhoods that are producing cash flow from day one and there's upside potential" - Dan Kreuger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing the origin story of how Invictus Capital came about.
Episode #1 goes over each individual's origin story but this episode will go over how each meets to become Invictus.
New book LIVE! Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications.
[00:01 – 08:29] Opening Segment
- Bad investing tips
[08:30 – 16:36] Dan's Origin Story
- Not know the options outside of middle class
- Starting a side hustle
- Getting bored and diving into podcasts and audiobooks
[16:37 – 21:07] Anthony's Origin Story
- ADHD and high revs
- Tasting freedom
- Building business and keeping scores
[21:07 – 28:14] Crossing Paths
- Meeting at a networking event
- Building an impressive machine
- Being ready for Luck to happen
[28:15 – 34:52] Closing Segment
- What makes you happy?
- Book recommendation
Who not How
How to Make Offer so Good People Feel Stupid to Say No
“I was trying to cram a square peg into a round hole, which is effectively me in a corporate environment that was pitched as the thing to do.” – Dan Kreuger
“there's a lot of times when the universal position, a really great opportunity in front of you and you are not your eyes aren't open"– Dan Kreuger
"entrepreneurs change the world like and that's the coolest thing. They change the lives of individuals, which then go on to change the lives of communities, which go on to change the lives of cities" – Anthony Vicino
"so most kids have like sports pennants, posters of athletes, and bands of movies. I had money on my wall, which in retrospect is kind of interesting" – Dan Kreuger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing with a bit of bias on which is a better investment vehicle single-family or multifamily.
This week we're covering the research and personal experience.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"the valuation aspect, which in my opinion reduces the risk profile substantially because it puts more control into your hands" - Dan Kreuger
"What I didn't like when I looked at the long view of where I wanted to be as a real estate investor was the fact that the valuation was tied to comparables." - Anthony Vicino
"going back to how these things are valued in the funding model when you go to the bank, you're going to have a really hard time getting more than 10 loans on this residential property" - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing a not-so-sexy topic, the lows of real estate investing.
Simple does not always equal easy. We will be going negative this time by sharing some personal horror stories.
New book LIVE! Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications.
[00:01 – 08:10] Opening Segment
- Bad investing tips
- Starting off with the good
[08:11 – 23:23] Dan's Horror Story
- Deal from a year and a half ago
- Wild cards
- Planning for the worst
- Cash for Keys
[23:24 – 30:50] Anthony's Horror Story
- Hard punch on the first property
- Small turnover time window
- Having systems
[30:51 – 37:21] Closing Segment
- Sticking to your systems
- Verify, Verify, and Verify
“At the end of the day, you can take some value out of these really stressful, anxiety-ridden events and be prepared, be better prepared for the future.” – Dan Kreuger
“a lot of these horror stories revolve around the most chaotic element of real estate, which is the people"– Anthony Vicino
"It's only it was only a horror story because I was new. I didn't have systems." – Anthony Vicino
"I remember coming into this I realized really quickly after the first property that you can't assume that other people are reasonable." – Dan Kreuger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing the last part of the capital stack, common debt.
This week we're covering the common debt, the debt on the top of the stack.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"most people are fairly familiar with common equity. This is what you're investing in if you buy a share of Apple" - Dan Kreuger
"there is the chance that the investment goes completely to zero, that you have no legs to stand on and you get nothing out of it" - Anthony Vicino
"preferred equity position, and it's an institutional investor like a private equity group or a family office that might come with a little bit more pull a little bit more say" - Dan Kreuger
"elevating and putting the common equity holder above even the slum, the slummy GP's. Those guys should always be the very last to get paid" - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guests for today are the founders of Adventurous Real Estate Investors. They specialize in Return on Impact. Through real estate investing they create immeasurable impacts; in their family, with their friends, in their community, with the families (residents) they serve, in the spaces where they want to be generous.... everywhere and anywhere!
Let’s dive right in and learn from Suzy Sevier and Michael Barnhart on how to Reset. To regain control of our lives, secure financial freedom, create a long-lasting impact and discovering our why.
[00:01 – 12:52] Opening Segment
- We introduce our guests, Suzy Sevier and Michael Barnhart
- Suzy and Michael talk about their background
- What they did during LOCK downs
[12:53 – 18:53] Why Would Invest In Something Thousands of Miles Away?
- Bad Investing Tip
- The process of investing in the USA overseas
- Checklists and systems
[18:54 – 34:57] The Return On Impact
- What are you doing with those gains?
- The goal to change one person
[34:58 – 42:39] The Biggest Takeaways From The First Deal
- Verify income multiple ways
- Ask for the top 4
[42:40 – 47:20] Closing Segment
- Final thoughts
- Book recommendations:
Who Not How
Multiple Streams of Income
“when you're interviewing these property management companies be very conscious of like what they're saying” – Michael Barnhart
“if you're so used to doing everything in your backyard, like it's almost difficult to actually leave” – Suzy Sevier
“it is very amazing to me how many people just blindly give their money away to people or the casino, the stock market” – Michael Barnhart
“you just need to find the people who are doing it and just not copy them, but make it your own” – Suzy Sevier
"if all we are looking for in real estate investing is like more time, how can we give that to residents as well? How can we give that to our investors? Like how can we streamline that with our property management company?" – Suzy Sevier
Connect with Suzy Sevier and Michael Barnhart! See their links below:
Go to their LinkedIn, Facebook, and Instagram, pages to connect with Suzy Sevier and Michael Barnhart! Visit their Website, Podcast, and YouTube.
Review contest, through March
For today’s episode, we will be discussing part four of the capital stack, preferred debt.
This week we're covering the preferred debt or also known as equity position.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"Essentially the as you go higher and higher on the capital stack, you become less and less of a priority as far as paying" - Dan Kreuger
"Generally, you, as the passive investing partner on most private placements, will be coming in some kind of equity position." - Anthony Vicino
"there's a lot of investors who love this vehicle because it's a strong return still and they get slightly better placement than everybody else" - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing a quite popular topic in the investing community, Funds.
Funds in the past 2 years have been seeing a lot more growth. There will be fund opportunities in the future, it is better to understand what they are, who they're best served for, and whether or not it's a good vehicle
New book coming out tomorrow! Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications. Email for a FREE copy. The book is coming out on August 11th!
[00:01 – 15:52] Opening Segment
- Bad investing tips
- Discussing what speculation can be considered as
- Keeping a decision journal
[15:53 – 25:06 Let Us Talk About Funds
- What is a fund?
- Blind Funds
- Jumping into a Fund as your first investment?
[25:06 – 30:59] Fund of Funds Model
- Double fees?
- Getting into high hurdles and dealing with wholesalers
- Hedge fund model?
[30:59 – 38:50] Closing Segment
- Book recommendation
Amazon Unbound
“And let's be clear, there's a difference between investing in something you don't understand and speculating. You could speculate on something you understand quite well.” – Dan Kreuger
“money and your finances are too important to outsource. I'm sorry. There's not a world where I'll ever say that you should take a complete hands-off passive approach and just trust somebody else"– Anthony Vicino
"the first thing that's really valuable about a fund for an operator is that you get to have the money already in the account." – Anthony Vicino
"I feel like it's kind of like it depends on what your personality is, you know" – Dan Kreuger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing part three of the capital stack, mezzanine debt.
This week we're covering the mezzanine debt or also known as the junior debt or subordinate debt.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"as we work our way up the capital stack, the risk profile, the position starts to increase slightly." - Dan Kreuger
"they don't necessarily get to claim the property if it goes south. So it is a little bit riskier position" - Anthony Vicino
"It's just really the only thing that makes it mezzanine is the fact that it comes after the senior debt." - Dan Kreuger
"a really common one would-be seller financing. So if you've negotiated with the seller to carry back a part of the down payment or something like that, that's a perfect example of mezzanine debt" - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing a concept that is quite popular in the real estate investing community, the BRRRR method. Buy, rehab, rent, refinance and repeat. We will be going over how to BRRRR an apartment building!
We have a book coming out next month called Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications. Email for a FREE copy. The book is coming out on August 11th.
[00:01 – 10:59] Opening Segment
- Bad investing tips
- Introduction to most investors starting out
[11:00 – 22:21 Let Us Talk About Buying, Rehabbing, Refinancing, and Repeating
- This business model can be done on anything, especially an apartment
- Commercial property = over 5 units
- Break-even occupancy factors
[22:22 – 28:33] Closing Segment
- Book recommendation
Snowball
SuperMoney
Leonardo da Vinci
“I think that some people try to take kind of a binary approach thing where they're either passive or active. It's like you could do both have a little bit of both, do whatever, do whatever you enjoy the most, and whatever brings you the most joy.” – Dan Kreuger
“if you only ever actively invest in yourself and you don't set the systems to start passively investing, then you're always going to be an active investor.” – Anthony Vicino
"Yeah, but understand that passive investing isn't the fastest route to financial freedom, nirvana, or whatever, like active investing." – Anthony Vicino
"the last step says very clearly repeat, which means you go and you do the same thing again" – Dan Kreuger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing part two of the capital stack, senior debt.
We will go over who provides the debt?
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"we're going to be focusing right now on what's called the senior debt or the debt that's in the first position or effectively the person, individual entity, whatever you want to call a bank, this person or entity is going to have the most security" - Dan Kreuger
"I think those are generally the most common terms for lien I always like to substitute the word dibs, so first dibs. If something goes tits up, then they get first dibs on the property." - Anthony Vicino
"it's almost like you're passing a plate of hors d'oeuvre around a table and where you're at in the capital stack, it's kind of like where you're sitting around the table. You have to wait until that plate gets passed around to you. And if there's nothing left on that plate, by the time it gets to you, then you don't get anything." - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing how some opportunities that have been in front of you, could be a rare opportunity you've been looking for.
We have a book coming out next month called Passive Investing Made Simple How to Create Wealth and Passive Income through Apartment Syndications. Email for a FREE copy. The book is coming out on August 11th.
[00:01 – 10:40 Opening Segment
- Bad investing tips
- Introduction to the next property closed
[10:41 – 22:01] Why Now Is The Right Time To Move Into Minneapolis
- Groundwork of how the deal was found
- Growing partnerships that are Win-Wins
[22:02 – 31:08] How We Underestimate The Psychological Pressures
- Setting your parameters before emotions get set
- Having an investment thesis
- Focus on the fundamentals
[32:25 – 38:44] Closing Segment
- Vertical integration
- Book recommendation
Buy then Build
"And so it was just kind of one of those things where the first couple of deals are going to be inefficient and frustrating until you get the scale to have that hub.” –Dan Kreuger
“we were buying properties in twenty, seventeen, eighteen or nineteen people kept asking, are we overdue for a crash.” –Dan Kreuger
“Yeah, and this is the key takeaway is that, like, even when we're dealing with some of these older guys who have a lot of property and we want to transact with them and do deals like the deal has to make sense for us to act” – Anthony Vicino
"we find is that a lot of people, they they don't want to be I wouldn't say contrarian, but they go with the flow. So when everybody's buying, they're also buying and that's not necessarily the right time to buy. And when everybody's selling, they sell and that's not necessarily the right time to sell either. " – Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing capital stack aka cap stack.
We will go over how the deal is capitalized.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"as you go up the stack away from that foundation, as you mentioned, you're less secure.... as to go up that stack the cost of capital increases as well" - Dan Kreuger
"the really important thing to think about when it comes to the stack is literally thought about the foundation, which is the debt, or the person who has a lean on the property - Anthony Vicino
"is a vertical of two structures, debt, and equity" - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing the deal that we just closed last week, which is a really cool deal. We're really excited to share the story, the ins, and outs, the twists and turns, the drama, the elation of that deal.
We have a book coming out next month called Passive Investing Made Simple How to Create Wealth and Passive Income through Apartment Syndications.
[00:01 – 12:17] Opening Segment
- We introduce How to get a signed copy of the new book Passive Investing Made Simple
- Bad investing tips
[12:18 – 21:12] Charles Avenue, Midway Neighborhood
- Longest closing, 5 months worth of work
- 55 Unit
- 20% IRR of a cash-out refi
[21:13 – 31:08] How Did We Work To Get This Deal Done?
- Being Transparent, the seller is a partner in the deal
- Finding Banks that are in the deploy capital cycle
- The rug can be pulled at any moment
- Giving what is expected
- Showing 100% commitment
[31:09 – 43:06] Always Doing What Is Right
- 6 takeaways and lessons learned from this deal
-
1 - Always need to listen to those you respect
-
2 - Relationships is everything
-
3 - Communication is everything
-
4 - Communication is everything x2
-
5 - Always have a contingency plan
-
6 - Doing the right thing is always the right thing
"You can fail by growing too slowly and you can also fail by growing too quickly and so you want to find that Goldilocks zone” –Dan Kreuger
“Like that's what really good investing is, sitting and waiting on your hands ready.” –Dan Kreuger
“Yeah, the key is recognizing which where your capacity is and not overextending. That's one of the cardinal sins of scaling and growing a business is growing too fast.” – Anthony Vicino
"If you're going to pivot, that's fine but do it with a lot of intentionalities, not just because a new deal came across your table." – Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing the new book releasing on August 11th, 2021.
We will go over how to get into the secret lucky and cheap fans-only club.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"this is going to be the Bible for passive investors" - Dan Kreuger
"we're going to be doing a behind the scenes deep dive, kind of like a director's cut version of this book" - Anthony Vicino
"so the first part of that for me would be getting the cash flow machine going that I can then use to dump into the real estate" - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guest for today is a believer, a father, a lawyer, a multifamily apartment syndicator, and an investor. He is a people connector, status quo hater, strategic planner, action taker, Pilates studio owner, and Entrepreneur wannabe.
Our guest has the vision to achieve control of his TPO, that's time, place, and occurrence through financial freedom. He uses cash-flowing multifamily apartment investing as a tool to create generational wealth and financial freedom.
Let’s dive right in and learn from Yosef Lee on how to control our life by TPO.
[00:01 – 09:57] Opening Segment
- We introduce our guest, Yosef Lee
- Yosef talks about his background coming from South Korea
- Yosef goes over his WHY
[09:58 – 23:07] TPO = Time, Place, And Occurence
- Yosef talks about his start in passive real estate
- Getting over limiting beliefs
- Learn zoning
[23:08 – 33:47] Partnerships, Boots On The Ground, and The First Deal
- Starting backyard market if possible
- Finding potential partners
[33:48 – 43:02] Not Being Patient And Rushing Into It
- Just by joing a group, something great is not going to just happen
- Real Estate is a marathon not a sprint
- Bad investing advise
- Closing Segment
“I had that blanket belief. I mean, being positive is one thing, but at the same time, you got to be you've got to calculate that.” – Yosef Lee
“I think education is the key because it's like studying the object that you're looking at now when trying to find how you can tackle them.” – Yosef Lee
“I'm reading and listening to the podcast. I thought I was doing something, but actually, I was not. I was just passively absorbing the information from someone else” – Yosef Lee
"I got to know who I am. I got to know what I'm going to be able to do and what kind of value I could bring to the table." – Yosef Lee
Connect with Yosef Lee! See the links below:
Go to his LinkedIn, Facebook, Twitter and Instagram, pages to connect with Yosef Lee.
Review contest, through March
For today’s episode, we will be discussing infinite returns.
We will go over being able to make money without having any capital at risk.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"When that denominator drops to zero, your capital invested is zero. You got your initial capital out of that denominator goes to zero. You cannot calculate your ROI anymore because the denominator zero" - Dan Kreuger
"you're in the deal for zero dollars like you're getting an infinite return. The problem with that is you have 100 percent leverage." - Anthony Vicino
"so the first part of that for me would be getting the cash flow machine going that I can then use to dump into the real estate" - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing a reaction to the Top 7 money myths.
We will go over the principles of these myths!
[00:01 – 03:47] Opening Segment
- We introduce our topic for today
- Bad investing tip
[03:48 – 33:13] 7 Money Myths Review
- 1 - You shouldn't talk about money
- 2 - It is All about Luck
- 3 - Money is Evil
- 4 - All Debt is Bad Debt
- 5 - Cash is King
- 6 - My 401k will make me Wealthy
- 7 - It takes Money to make Money
[33:14 – 36:57] Closing Segment
- Final thoughts
- Book recommendations:
How To Get Rich
"How is anybody ever going to learn how to be financially literate if talking about money is taboo?” –Dan Kreuger
“And so it's really interesting to see that that wanting money is somehow automatically lumped into greed.” –Dan Kreuger
“if you really want to win the money game, you got to figure out how to use it to your advantage” – Anthony Vicino
"One of the things that we love about real estate is we can use leverage so we don't have to come with all the money." – Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing how and why a key principal is crucial.
We will go over the principles of having general partner strengths with balance sheets.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"the primary purpose of a KP is to provide balance sheet strength to the bank, to the lender on the deal if the other general partners can't do that on their own" - Dan Kreuger
"they're not usually the operators of the deal, but not always like the most active people," - Anthony Vicino
"so the first part of that for me would be getting the cash flow machine going that I can then use to dump into the real estate" - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guest for today is the owner of Black Swan Real Estate. A family-owned and operated real estate investment company with over ten years of experience owning and managing a rapidly growing portfolio of homes in Oklahoma City, OK, and Rochester, MN. We believe that the success of our business is not measured in dollars or doors, but by its reputation and relationships.
Let’s dive right in and learn from Nick Stageberg on how to invest in real estate.
[00:01 – 11:36] Opening Segment
- We introduce our guest, Nick Stageberg
- Nick talks about his background
- Nick goes over his city Rochester, Minnesota
[11:37 – 18:45] Tech Start-Up For 9 Years To Real Estate
- Nick talks about venture capital to private equity
- Being creative and blending tech and medical into real estate
[18:46 – 27:16] It's Not A Quantitative Game
- Bad Investing Tip
- The basic safety culture
[27:17 – 40:24] What Would A Perfect Situation Look Like?
-
1 KPI is happiness
- Using an energy index
- Tracking residential satisfaction
[40:25 – 47:20] Closing Segment
- Final thoughts
- Nick's book recommendations:
The Alchemist
“We want dynasty assets is what we call them, assets that we hope to die with.” – Nikolai Ray
“I can promise you that every other KPI on any dashboard, on any metric is subordinate to the happiness of your staff.” – Nick Stageberg
“So something we were kind of working on in the side for many years. And then eventually, you know, it just got to a point where that was clearly what we should be doing full time with our time and we got to financial freedom” – Nick Stageberg
"You have to have people with complementary and if she wasn't there kind of keeping an eye out for risks, I probably would buy every deal, lease every tenant, like I would have run us off the cliff ten times over by now" – Nick Stageberg
Connect with Nick Stageberg! See the links below:
Go to his Facebook page to connect with Nick Stageberg. Visit his Website.
Review contest, through March
For today’s episode, we will be discussing how to start all over from Zero!
We will go over the principles of making money and creating a flexible lifestyle from the beginning.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"the one thing I would do is start calling people, going on meetings, and getting into the rooms with the people that are operating where I want to be operating" - Dan Kreuger
"I got to start from ground zero, the first thing I'm probably doing is moving in with my parents or somebody close." - Anthony Vicino
"so the first part of that for me would be getting the cash flow machine going that I can then use to dump into the real estate" - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guest for today is the founder and CEO of MREX and as well as a professor in real estate financial engineering at MREX College. He's regarded as literally one of North America's leading experts in apartment investing with over ten billion dollars in analysis, underwriting, and transactions.
Our guest is often called to stand in as a teacher, advisor, and speaker. Prior to founding MREX, he founded and sold the real estate investment banking firm. He's also a successful multifamily real estate investor and developer specializing in heavy value-add, opportunistic, and even ground-up developments. With close to 40 apartment building acquisitions in the last 18 months.
Let’s dive right in and learn from Nikolai Ray on how to purchase real estate through the laws of finance.
[00:01 – 13:39] Opening Segment
- We introduce our guest, Nikolai Ray
- Nikolai talks about his background
- Nikolai goes over his deals
[13:40 – 20:23] Overlooking The Highest And Best Use
- Nikolai talks about a residential re-build
- Being creative and putting the work in
- Learn zoning
[20:24 – 27:44] Partnering And Creating A Joint Venture
- Starting with real estate financial engenieering
- Return on human capital
- Getting to learn and expand as an investor
[27:45 – 37:56] Do You Utilize 100% Of Your Power?
- 2 Bad Investing Tip
-
1 Learn by Doing
-
2 Establishing things on rule of thumb
[37:57 – 47:55] Closing Segment
- Final thoughts
- Approaching ideas though another profession
- Nikolai's book recommendations:
The Blue Ocean Strategy
The Untethered Soul
“Well, you know, I'd rather have a smaller share, actually, of something much bigger and something where I will be the only one who has to try to think through all the decision-making processes or deal with all the problems eventually.” – Nikolai Ray
“I could probably make some more profit off of the arbitrage of, you know, the difference between building a property versus what it's actually worth” – Nikolai Ray
“So, you know, everyone talks about leveraged real estate. Well, there's financial leverage, but, you know, human leverage, human capital is probably the most important leverage that you could eventually learn how to master if you're in business or real investment.” – Nikolai Ray
"Yeah. I mean, obviously, you take fewer risks so you have fewer rewards, but that's not necessarily a bad thing if you can jump into more projects." – Nikolai Ray
Connect with Nikolai Ray! See the links below:
Go to his LinkedIn, Facebook, and Instagram, pages to connect with Nikolai Ray. Visit his Website.
Review contest, through March
For today’s episode, we will be discussing the question many ask in life, how to get rich?
We will go over the principles of making money while your are sleeping.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"if you're sitting there working in a W-2 job right now, that's perfectly fine. You can do both of these things, build a business and invest in real estate without leaving that occupation" - Dan Kreuger
"The thing that overwhelmingly works is building businesses that no longer tie your time to your earnings." - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guests for today has redefined the face of real estate by offering professional and On-Demand service. She services the commercial real estate market as a realtor and investor and syndicator. She has closed successively over three hundred million dollars in commercial transactions and is recognized as a serial networker who has a knack for connecting buyers, sellers, and investors.
Our guest is dedicated to maximizing clients’ profits and taking clients through the process from beginning to end
Let’s dive right in and learn from Esther Reizes-Lowenbein on how real estate has changed her life.
[00:01 – 7:44] Opening Segment
- We introduce our guest, Esther Reizes-Lowenbein
- Esther talks about her background
- Esther give a short story of how she took control of learning about finances
[7:45 – 12:44] Switching From Residential to Commercial Agent and Syndication
- Esther talks about starting out in residential
- Being a part-time marriage counselor and psychologist
- Raising capital and snowballing into an investor manager
[12:45 – 20:56] What Can We Be Doing To Level Up Our Networking Abilities?
- Being yourself and putting yourself out there sincerely
- Return on Karma
- Getting into Industrial real estate
[20:57 – 33:40] Closing Segment
- The logic behind starting a fund
- Bad Investing Tip
- Final thoughts
- Esther's book recommendations:
The Power of Now
“you know, being a residential realtor, you need to be a marriage counselor. You need to be a psychologist” – Esther Reizes-Lowenbein
“I started this as a hobby just to get myself out of that rut that I was in at the time.” – Esther Reizes-Lowenbein
“My initial goal was to allow people to come in just so they could smell the benefits of real estate. They can see what's going on. You can make money as a passive investor while you're sleeping without doing anything.” – Esther Reizes-Lowenbein
Connect with Esther Reizes-Lowenbein! See the links below:
Go to his LinkedIn, Facebook, and Instagram, pages to connect with Esther Reizes-Lowenbein. Visit her Website.
Review contest, through March
For today’s episode, we will be discussing what the Core Values are for Invictus Capital.
We will go over the 5 core values that we stand by day to day.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"We make a point to always under promise and over deliver as opposed to the inverse, which I think a lot of people do." - Dan Kreuger
"if you're interested in being a passive investor out there, is that it's all about betting on the jockeys, not the deals" - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guests for today the host of the Investor Mind Mindset podcast and an active investor who curates commercial real estate investments for clients at VonFinch Capital. He has raised tens of millions of dollars, which has successfully cycled through multiple assets, beginning in a single-family. As an operator, Steven flipped over 200 houses in under three years prior to expanding into commercial to focus on building a business around working with his ideal client, successful high-income earners like himself who are investing to create flexibility and independence.
Our guest is dedicated to understanding how we can think better, how we can do better, and how we can be better, better people, better business people, better operators.
Let’s dive right in and learn from Steven Pesavento about making breakthroughs in our life.
[00:01 – 8:18] Opening Segment
- We introduce our guest, Steven Pesavento
- Steven talks about his background
- Steven give a short story of what not to do
[8:19 – 18:42] Valuing Freedom Of Time Over Cars, Houses And Money
- Steven talks about getting clarity
- Money is still a top priority
- Vision for success
[18:43 – 37:30] Getting Clear On That Impact Or The Intention
- Car analogy
- Looking for your ideal client
- Borrowing beliefs from the experts
[37:31 – 43:15] Closing Segment
- Final thoughts
- Steven's book recommendations:
Who Not How
The Go-Giver
Tweetable Quotes:
“I have learned is that mindset is not the answer to everything. Mindset is one component out of many, but it happens to be one that a lot of people end up screwing up” – Steven Pesavento
“getting surrounded by other people who are passionate about their work” – Steven Pesavento
“money was at the core of everything. And I kept thinking, well, if I just have more of that, everything's going to be better. But it wasn't it didn't solve all the problems” – Steven Pesavento
“mindset is nothing more than the thoughts and beliefs that lead directly to the actions that you take and therefore the experiences or outcomes that you experience in your life. – Steven Pesavento
Connect with Steven Pesavento! See the links below:
Go to his LinkedIn, Facebook, Twitter, and Instagram, pages to connect with Steven Pesavento. Visit his Website, Podcast, and YouTube.
Review contest, through March
For today’s episode, we will be discussing what an Accredited Investor is.
We will go over the SEC criteria and what it takes to become Accredited as a single person and as joint.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"you don't you're not getting kicked out of all the parties if you're not accredited, but you just aren't going to be able to invest in any of the stuff you see advertised online." - Dan Kreuger
"That's the thing with being an accredited investor is that it's a high hurdle." - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guests for today serve as the managing director at the multifamily private equity firm Birge and Held asset management. In his role. Kent leads the private select portfolio, which has a unique strategy of leveraging Birge and Held scale and latest technology to create outsized returns from acquiring and improving mismanaged, undercapitalized, and undervalued properties.
Our guests is dedicated to teaching others how to make good investing decisions. He is the host of the Ritter on Real Estate podcast and YouTube channel, where he provides impactful interviews and practical tips for investors. Kent has achieved financial freedom and now is on a mission to empower others to do the same through multifamily investing.
Let’s dive right in and learn from Kent Ritter on how he started his real estate investment career
[00:01 – 10:30] Opening Segment
- We introduce our guest, Kent Ritter
- Kent talks about his background
- Kent give a short story of what not to do
[10:31 – 20:34] Vetting The Operator With Questions and Looking for Red Flags
- Kent talks about the top 4 characteristics
-
1 Integrity
-
2 Track Record
-
3 Financial Means
-
4 Skin In The Game
[20:35 – 42:09] You Should Only Start With 100+ Units!
- Kent's bad investing advice
- Kent talks about his firms and private select portfolios
- Reducing the properties basis while renovating
[42:10 – 46:16] Looking Back And Realizing You Were Stupid Last Year
- Final thoughts
- Kent's book recommendations:
Think Again: The Power Of Knowing What You Don't Know
Tweetable Quotes:
“you have to understand you need to understand how people are paid. And once you understand how people are paid, then you can understand how they're going to act.” – Kent Ritter
“So I started out with the intent to be active and then once I learned about syndication, I said, OK, well, I don't you know, I'm self-aware enough to know there's a lot that I don't know and there's a lot that I don't even know.” – Kent Ritter
“I'm always thinking about it from as an investor, what I want to know that. Right. Or is that something I'd be interested in?” – Kent Ritter
Connect with Kent Ritter! See the links below:
Go to his LinkedIn, Facebook, Twitter, and Instagram, pages to connect with Kent Ritter. Visit his Website, Podcast, and YouTube.
Review contest, through March
For today’s episode, we will be discussing the 3 red flags to look out for before they smack you in the head.
We will go over assumptions, cap rates, organic growth, and expense growth. That is just the first red flag.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"we should say that advertising the potential upside of a deal is perfectly fine. What really you should be looking for is the lack of transparency with what the potential downside could be." - Dan Kreuger
"Better is to say, let's peg this to inflation at about two to three percent. So holding it pretty much steady at zero." - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing whether or not you will be losing money
We will play devil's advocate and identify the 5 to 6 of the biggest risks to real estate investing.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"we have a very pessimistic lens that we look at every deal through to make sure that if the worst-case scenario plays out, that the deals we are getting into still pencil out." - Dan Kreuger
"So it's tempting for operators to try to be as skimpy as possible with the budget" - Dan Kreuger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guests for today are the Founder and Co-Cheif Executive Officer of CPI Capital. CPI identifies multifamily value-add opportunities that allow our investors to receive gains beyond organic asset appreciation. CPI provides busy professionals with direct access to tax-advantaged, passive income-generating assets, while our experienced team manages the properties. CPI offers opportunities through Canada’s first regulated digital securities trading platform.
Our guests bring their expertise to the real estate by educating their investor partners about Apartment Syndication Investing through Canadian Passive Investing (CPI) Academy platform, Webinars, MeetUp Groups, and One on One Coaching.
Let’s dive right in and learn from Ava Benesocky and August Biniaz how to be an international passive investor.
[00:01 – 13:05] Opening Segment
- We introduce our guests, Ava Benesocky and August Biniaz
- Ava and August talk about their background and how they started CPI Capital
[13:06 – 20:01] Being Fiscally Incentivized With Skin In the Game
- Ava and August talk about seeing the need and filling the void
- Learning and growing systems
- Ava and August go over their passion for education
[20:02 – 30:41] How Do You Get The Average Joe To Google You?
- Ava and August talks about scaring people with high returns
- Hedging against inflation with a hard asset
[30:42 – 39:02] How Am I Supposed To Invest In Real Estate?
- Ava's and August's bad investing advise
- Final thoughts
- Ava's and Augusts book recommendations:
Best Ever Apartment Syndication Book
The Checklist Manifesto
Tweetable Quotes:
“we've democratized real estate investing for the retail investors here in Canada. And how and how have we done that? We've opened the doors to this type of institutional assets for nonaccredited and accredited investors.” – Ava Benesocky
“18-year-olds can start building their wealth. You don't like who's going to be an accredited investor when they're eighteen years old.” – Ava Benesocky
“apartment syndication or real estate syndication, this concept of pooled capital to buy real estate upgraded and sell it.” – August Biniaz
“You're creating jobs. You're building a better community for others. You're building your investor's wealth and you and you're creating jobs for people on both sides of the border in our situation.” – August Biniaz
Connect with Ava Benesocky and August Biniaz! See the links below:
Go to their LinkedIn - August, LinkedIn - Ava, Facebook, and Instagram, pages to connect with Ava Benesocky and August Biniaz. Visit their Website and YouTube.
Review contest, through March
Our guest for today is the cash flow expert and anti-financial adviser. He is a leading authority teaching entrepreneurs and professionals how to get their money working for them. Today, he's an author, podcast, host of the Chris Miles Money Show, has been featured in US News, CNN Money Entrepreneur, Entrepreneur on fire and has a proven reputation with his company Money Ripples, getting his client's fast financial results. In fact, his personal clients have increased their cash flow by over 250 million dollars in the last 11 years.
Our guest brings his expertise as a financial advisor.
Let’s dive right in and learn from Chris Miles how to start our cash-flowing income stream today!
[00:01 – 10:29] Opening Segment
- We introduce our guest, Chris Miles
- Chris talks about his background
[10:30 – 17:54] Residual Income Versus Passive Income
- Christ talks about his initial investments in 2006
- Learning and knowing what to do with your cashflow
- Chris goes over his swing and a big miss
[17:55 – 32:33 Becoming Financially Free Again, The Second Go Around
- Chris talks about the importance of passive investment
- Turn-Key Properties that come with ownership and control
- Chris' bad investing advise
[32:34 – 40:28] The One Thing To Hold On To In Your Portfolio
- Being independently wealthy
- Final thoughts
- Chris' book recommendations:
The New Great Depression: Winners and Losers in a Post-Pandemic World
Tweetable Quotes:
“I consider residual income like passive streams of income through business and then passive income, which is through your investments, like your money making money.” – Chris Miles
“Like I love that kind of strategy to own and control, because that was the big thing that came out of 2008 was control, is that if you can't control the investment, you never know what's going to happen."– Chris Miles
“here's a multifamily deal we're doing, just like the last one we did kind of boring. It's just the same old, same old. But we know it like the back of our hand. That to me is like the sexiest thing you could ever say.” – Chris Miles
“more important than a return on your money is a return of your money” – Chris Miles
Connect with Chris! See the links below:
Go to his LinkedIn, Facebook, and Twitter, pages to connect with Jeff. Visit his Website, Podcast, and YouTube.
Review contest, through March
For today’s episode, we will be discussing the differences between Apartment Syndications and the Traditional Stock Market.
You know, there are a few key factors that will help with deicing who will win.
We will go over the metrics to compare and contrast these asset types.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"Generally speaking, in the apartment space where we hang out apartment buildings double in value every 10 years, kind of rough rule of thumb," - Dan Kreuger
"So I think it's safe to say that the real estate deals are going to have a little bit higher yield" - Dan Kreuger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guest for today is the Co-Founder and Principal of Wealthward Capital, a private equity investment firm. Wealthward Capital invests in multifamily assets, self-storage, and commercial debt instruments. They help investors preserve and grow their wealth by partnering with top-performing sponsors/ operators who have a strong track record for successful asset management and meeting or exceeding investor returns.
Our guest brings his expertise to the real estate arena with experience from over 20 years in investing, due diligence, and financial operations. He has built professional services practices, run small businesses, and helped take Splunk (SPLK) through an IPO and grow to a billion-dollar company. He's also the author of the upcoming book From No Doe to IPO.
Let’s dive right in and learn from Christopher Nelson on how to prepare for the unknown after an IPO.
[00:01 – 10:16] Opening Segment
- We introduce our guest, Christopher Nelson
- Christopher talks about his background
[10:17 – 22:34] Little Bit of Domain Inexperience
- Christopher talks about his upbringing and education on Money
- Learning and knowing what to do next
- Christopher goes over his passion for education
[22:35 – 32:48] The Three Principles To Be Considering
- Christopher talks about the important principals
- Principle #1 You are the Asset
- Principle #2 Always work for Equity
- Principle #3 Think like an Investor
[32:49 – 40:28] Don't Do Any Due Diligence?
- Christopher's bad investing advise
- Using JOY as a North Star, a compass, as a guide
- Christopher shares his experiences as a full-time doctor starting out investing
- Deciding what your goals are and choosing the vehicle to go with
- Final thoughts
- Christopher's book recommendations:
[40:28 – 47:42] Don't Do Any Due Diligence?
- Christopher shares using a lens to see the world
- Final thoughts
- Christopher's book recommendations:
Essentialism
Tweetable Quotes:
“So it was out of that failure. And I truly believe that it's in failure, that we have our greatest lessons learned.” – Christopher Nelson
“OK, how do we actually take this paper money now and turn it into a suitcase full of cash?” – Christopher Nelson
“at least in technology, we have the spirit of open source, like a watch and see what we're doing and feel free to participate and contribute.” – Christopher Nelson
“So I do think there's also a lens of I I like I work so hard to get here. I don't want to be the guy raising my hand saying I really like I didn't plan for what happened next.” – Christopher Nelson
Connect with Christopher! See the links below:
Go to his LinkedIn, Facebook, and Twitter, pages to connect with Jeff. Visit his Website and YouTube.
Review contest, through March
We will go over 7 items that are an evil necessity in CapEx, which just are big-ticket items.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"It's like you don't get points for taking a shower. You only get deducted points for not having taken a shower. - Anthony Vicino
"So ideally, when we're looking at properties, we'll see that they have updated their electrical systems at some point in the last ten to fifteen years or so." - Dan Kreuger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guest for today is Anthony Vicino and Dan Kreuger. They will be going over the 5 reasons to invest in Multifamily. Not only is this episode a review a year later but also this episode will help to get clear on why there are 5 compelling reasons to listen in.
Let’s dive right in and listen to what Anthony and Dan have to say about investing in Multifamily!
[00:01 – 07:05] Opening Segment
- We Anthony Vicino and Dan Kreuger introduce themselves
- Starting off with bad investing advice
- Tertiary markets and their volatility
[07:06 – 23:54] 5 Compelling Reasons to Invest in Multifamily
- Anthony and Dan go over each reason
- Reason #1 Positive Cash Flow
- Reason #2 Forced and Organic Appreciation
- Reason #3 Tax Benefits
- Reason #4 Control
- Reason #5 Stability
[23:55 – 27:16] Closing Segment
- Establishing the last thoughts on the core reasons
- Final thoughts
- Dan's book recommendations:
The Most Important Thing
Tweetable Quotes:
“Because something has a low price in dollars does not mean that it is undervalued or a good deal.” – Dan Kreuger
“if there is no competition when you're going in to buy the thing, there's going to be no competition when you go to sell the thing.” – Anthony Vicino
"Like once you start getting an income stream from an investment, it is really hard to go and invest in something that doesn't have an income stream." - Dan Kreuger
"it's a nice feeling to know that, yeah, I'm working. But, you know, if I got fired tomorrow is does not matter because I've got all this other income to support me." - Dan Kreuger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing how investment opportunities.
You know, there are a few key factors to look at, these carry the most weight
We will go over the most important one thing to vet right away.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"understand your investment goal, your parameters, and understand what the operator is putting together." - Anthony Vicino
"Check out the operator and make sure they are a good fit for you. And they've got a track record and they've done this before." - Dan Kreuger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
*Want to learn more about investing with us?*
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
podcast
Review contest, through March
Our guest for today is Anthony Vicino and Dan Kreuger. Both will be taking turns going over 2020, just a year in review. This episode is coming up on the one-year anniversary of this podcast. Both agree that without a guest to interview this would be a great time to talk about all the things that have occurred.
Let’s dive right in and get twice as much from Anthony and Dan!
[00:01 – 09:27] Opening Segment
- We Anthony Vicino and Dan Kreuger introduce themselves
- Starting off with two original bad investing advice
[09:28 – 20:17] Using The First Deal, Duluth!
- Anthony and Dan talk about their first deal in January 2020
- Details on Duluth, and the 2ns deal Grandave Goodrich
[20:18 – 27:02] The Asymmetric Risk-Reward Ratio
- Limited information on an upcoming 3rd deal that is in the Goldilock Zone
- Discovering that there are Little guy deals to be made, the Holly, T.I.C. deal
[27:03 – 34:49] Closing Segment
- Establishing strategic partnerships with local powerhouse brokerage
- Final thoughts
- Anthony and Dan's book recommendations:
Mastering the Market Cycle
The Algebra of Happiness
Tweetable Quotes:
“find your niche and stick to it” – Dan Kreuger
“You know, luck is when preparation meets opportunity, and if you're preparing in the right ways, the opportunities are going to present themselves. But it's up to you to figure out how you're going to exploit that opportunity or maximize it.” – Anthony Vicino
"So while we do have a niche that we focus on, we're very cognizant of what's going on from a high level, the macroeconomic picture and then the macroeconomic picture." - Dan Kreuger
"for the deal to still be hitting our projections and coming in line with that. That is one, a testament to the conservative underwriting nature" - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing whether or not we should invest right now.
You know, right now, maybe we're at the top of the market. Should you wait until we see a crash or maybe we're at the bottom of the market? I don't know. Maybe now's the time to buy and jump in.
We will go over the most common question asked, when is the right time to invest?
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
"First of all, if you can go in, you can buy an asset for below-market-rate right now than you're already buying at a discount, almost like you're buying in the past in some ways - Anthony Vicino
"the main question here is when's the best time to bomb? And that really has everything to do with what the investment strategy is" - Dan Kreuger
"certain types of business models in this industry will do better at certain times in the economic cycles" - Dan Kreuger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guest for today is a full-time practicing periodontist in Louisiana. After completing dental school and a residency at LSU, our guest owed close to $300,000 in student loans, along with other consumer debt. Two weeks before graduation, a job offer fell through, leaving himself, his wife, and a two-month-old nowhere to go. This led him to start a practice from scratch, and after seven long and intentional years, becoming debt-free.
Let’s dive right in and learn from Jeff Anzalone on how to start our debt-free journey.
[00:01 – 13:33] Opening Segment
- We introduce our guest, Jeff Anzalone
- Jeff talks about his background
- Jeff's bad investing advise
[13:34 – 25:05] Sussing Out All Your Options
- Jeff talks about his first deal to get into real estate
- What to look for given the current economic cycle
[25:06 – 24:35] Closing Segment
- Jeff shares his experiences as a full-time doctor starting out investing
- Deciding what your goals are and choosing the vehicle to go with
- Final thoughts
- Jeff's book recommendations:
Die With Zero
Tweetable Quotes:
“learn and do your part and get to know these people you're working with. Don't put your trust in a website.” – Jeff Anzalone
“And I realized that you know, my wife and I and I think it's really important that you if you're married and even if you're not married, come up with your specific goals. – Jeff Anzalone
“really be specific with it. And that's where I tell people to start. And then from there, you work backward.” – Jeff Anzalone
“I'm the type of person that I get little bits and pieces from people. But I have my own opinion. I don't follow, you know, if every single thing and I don't follow everything.” – Jeff Anzalone
Connect with Jeff! See the links below:
Go to his LinkedIn, Facebook, Twitter, and Instagram pages to connect with Jeff. Visit his Website, Income Guide, and Podcast.
Review contest, through March
For today’s episode, we will be discussing REITs versus Syndications. How can investing in one over the other change your returns?
We will go over the difference between a Real Estate Investment Trust and Syndications.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
“It’s not really you’re buying a piece of a business and that business happens to be in real estate, but you don’t get any of the tax benefits of owning real estate” – Anthony Vicino
“If you’re going to invest in your estate, invest in real estate, that’s why I say” – Dan Kreuger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guest for today has been investing in real estate since his first primary residence purchase of a duplex. He got his commercial real estate start as a private money lender in the remodeling of single-family homes in South Florida, Ohio and Texas with a combined market value in excess of $2.5M. . He invested in several assets as a limited partner and progressed into the general partner role.
Let’s dive right in and learn from Randy Langenderfer on how to achieve our goals in real estate.
[00:01 – 08:38] Opening Segment
- We introduce our guest, Randy Langenderfer
- Randy talks about his background
[08:39 – 14:56] Using The First Deal To Your Advantage
- Randy talks about his experience in the multifamily space.
- How to be cautious as a passive investor
[14:57 – 24:35] Finding Your Sweet Spot Of How You Want To Invest
- Randy shares his experiences as a multifamily investor and mentor
- Discovering that there is a route to getting rich slowly but surely plan
[24:36 – 37:49] Slow and Steady Wins the Race
- Being in the position to step away from your W2 income
- Understanding a minimum of four of the five levers as an LP
[37:50 – 47:51] Closing Segment
- Randy's bad investing advise
- Final thoughts
- Randy's book recommendations:
Mastering the Market Cycle
The Most Important Thing
Tweetable Quotes:
“I teach a lot of students about being an active passive investor, be involved. Don't just take somebody, don't take somebody's word for it, analyze it, look at their underwriting assumptions” – Randy Langenderfer
“what really, really got my maybe not an aha moment, but really intrigued me was the nonrecourse debt” – Randy Langenderfer
"find your sweet spot and chase it. Don't let someone else define your sweet spot for you, whether that's passive or active or a combination" - Randy Langenderfer
"the difference between an investor investing and speculation and investor is one that takes a look, understands the risk and says go speculators, one who says, I've got 50 K in my pocket, I need to invest. I'm going to plop it down with Dan and Anthony because I like them." - Randy Langenderfer
Connect with Randy! See the links below:
Go to their LinkedIn to connect. Visit their Website
Review contest, through March
For today’s episode, we will be discussing a very simple concept that comes up often when talking passive investors and how you get cash flow distribution from value add multifamily operators.
We will go what cash flow distribution is and why it is so surprising when first learning about it.
What we can do to understand how the leftovers of operating profits are distributed.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
“if there's a preferred return on the project, say, of seven percent, then the way that we structure it and a lot of operators do is at that preferred return just carries over into the next year.” – Anthony Vicino
"9 out of 10, if not 9.9 out of 10, the tax liability on real estate syndication is going to be less than if they dump their money into the stocks." – Dan Krueger
“I think a lot of people are coming into the investing space with more of an equity appreciation assumption about what they're going to be getting out of it. And they're surprised to find out that they actually get a paycheck every quarter." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
*Want to learn more about investing with us?*
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guest for today has started his career as a loan underwriter at GE Capital Real Estate prior to joining Old Capital in 2015, where he is currently the national director. He's often called the professor of multifamily finance, and he has produced hundreds of hours of educational multifamily content on YouTube. And in addition to financing multifamily, he has invested in close to ten thousand units as a limited partner and nearly 30 properties in Texas.
Let’s dive right in and learn from James Eng and how we can understand debt.
[00:01 – 14:08] Opening Segment
- We introduce our guest, James Eng
- James talks about his background
[12:39 – 23:03] Using The First Deal To Your Advantage
- James talks about his background
- How to make a qualified decision
[23:04 – 28:34] Higher IRR Does Not Guarantee A Better Quality Return
- James shares his experiences as a multifamily investor
- Discovering that returns may go lower the more experience an operator has
[28:35 – 40:46] The Murky Waters Of Actual Debt
- The 5 columns of debt on a scale
- Loans with extra Covid Insurance
[40:47 – 47:51] Closing Segment
- Final thoughts
- James's book recommendations:
Purple Cow
The Most Important Thing
Who Not How
Tweetable Quotes:
“I think if you buy any piece of real estate or invest in any piece of real estate, you know, as an LP, your biggest risk is protecting your principal.” – James Eng
“I'll see a 50-page deck and they'll be half a slide on the financing. And so that's why I wanted to bring it to people's attention.” –James Eng
"I think a lot of times people try to try to look at a deal and sort of figure out, compare the deals, the deals. But there's so much in between." - James Eng
"I'm going one hundred percent on the operator, which I think is important. But sometimes experience operators actually take too much of the equity." - James Eng
Connect with James! See the links below:
Go to their LinkedIn, and Facebook pages to connect. Visit their Website and YouTube.
Review contest, through March
For today’s episode, we will be discussing markets. How do you identify good markets versus not-so-good markets?
We will go over starting with the end in mind, and understanding what your investing parameters are.
What we can do to understand and vet a market.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
“It's a simple supply-demand equation. If you're on the right side of the supply and demand, then it's hard to go wrong in this business.” – Anthony Vicino
"it doesn't do you any good to make two hundred thousand dollars a year in New York. If you're living expenses are one hundred and ninety-eight thousand, you're ostensibly poor." – Anthony Vicino
“where there are jobs, people will go and if jobs are disappearing, people will leave. – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guest for today has co-founded a staffing firm where he was a finalist for Michigan Entrepreneur of the Year, two years straight. After selling the staffing firm to a publicly-traded company, our guest began investing in real estate, founded multiple investment and development companies, appeared on HDTV, and eventually built and managed a successful multifamily development.
Let’s dive right in and learn from Paul Moore and how we can get into a multi-family deal.
[00:01 – 12:38] Opening Segment
- We introduce our guest, Paul Moore
- Paul talks about his background
[12:39 – 23:03] Finding The Ways To Lose Money
- Paul talks about his background
- What’s their worst investing advice?
[23:04 – 31:45] Compressing Cap Rates And Loving Real Estate
- Paul shares his experiences as a multifamily investor
- He talks about underwriting the operation side
- Discovering that loving real estate is a Full-Time job
[31:46 – 37:22] Believing in the Jockey!
- Put your time into finding the right people
- Investing in Operators with skin in the game
[37:23 – 41:53] Closing Segment
- Vetting Operators
- Final thoughts
- Paul's book recommendations:
Hands-Off Investor
Tweetable Quotes:
“I thought, man, I'm a full-time investor now, but I really wasn't an investor at all. I was a full-time speculator and I lost a lot of money and I made a lot of money as well, thankfully.” – Paul Moore
“look for intrinsic value that greatly exceeds the extrinsic value.” – Paul Moore
"make sure you quit early, make sure you don't keep going when you know you're on the wrong path." - Paul Moore
"Well, a great commercial real estate operator can see what a property. Could be before he acquires it." - Paul Moore
Resources Mentioned:
- Bigger Pockets
Connect with Seth! See the links below:
Go to their LinkedIn, and Facebook pages to connect. Visit their Website and Podcast.
The Five Rules of Investing
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/116813
Review contest, through March
For today’s episode, we will be discussing the different business models available in the broad term of real estate, New Build, Yield Player, Value Add, and Distressed Asset.
We will go over starting with the end in mind, and understanding what your investing parameters are.
What can we do from knowing your risk profile?
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
“So you're adding tremendous value to that neighborhood, to that community. So theoretically, you stand to be rewarded very handsomely if everything goes to plan.” – Anthony Vicino
“We get paychecks via the cash flow while we're executing that business model.” – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guest for today has closed billions with a B of dollars in real estate transactions as a real estate attorney, broker, and investor. He is a managing partner of Law Capital Partners, a private equity firm focused on multifamily and opportunistic acquisitions. He has gone from a former Big Law attorney to now the managing partner of his own firm, Bradley Law Ltd.
Let’s dive right in and learn from Seth Bradley and how we can stop trading out time for money!
[00:01 – 16:39] Opening Segment
- We introduce our guest, Seth Bradley
- Seth talks about his background
[16:40 – 23:15] First investments by house hacking, flipping and wholesaling
- Seth talks about his background
- What’s their worst investing advice?
[23:16 – 33:50] How are you finding the time? What are your systems?
- Seth shares his experience in big law and the 20-minutes rule
- He talks about secondary tertiary markets
- Discovering off-market deals through relationships
[33:51 – 36:28] What does a Low-Income Housing Tax Credit (LIHTC) deal look like?
- LIHTC potentials IRR's
- Sleepy markets even though top 10 on list
[36:29 – 41:19] Closing Segment
- Networking through LinkedIn
- Final thoughts
- Seth's book recommendations:
Per-Suasion
Influence
Tweetable Quotes:
“start buying back your time, just piece by piece.” – Seth Bradley
“A lot of these deals are very similar. So once you start looking at these same deals over and over again, they're going to look familiar and you're going to get more and more comfortable, comfortable enough to make that big leap to wire that first fifty thousand dollars.” – Seth Bradley
Resources Mentioned:
- Bigger Pockets
- Cash Flow Calculator
Connect with Seth! See the links below:
Go to their LinkedIn, Facebook, and Instagram pages to connect. Visit their Website, YouTube, and Podcast.
The Five Rules of Investing
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call:
Review contest, through March
For today’s episode, we will be discussing risk, how we define it.
We will go over the 2 types of risk, debt terms, and how to quantify or identify the risk in a syndication opportunity.
What can we potentially lose with risk?
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
“You have operational risk and you have a kind of macro market risk.” – Anthony Vicino
"Everything in business at the end of it can come down to just supply-demand. If you're on the right side of that curve, you're going to do well" - Anthony Vicino
“And there's got to be some risk because that's what you're getting paid for when you're investing. You're getting X return for taking on X risk.” – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guest for today is a team, Cody Laughlin and Brian Alfaro. They are managing partners in Blue Oak Capital, real estate entrepreneurs, and both have years of experience to leverage on.
Let’s dive right in and learn from Cody and Brian on how we can get insight into what long-term wealth really is about.
[00:01 – 06:18] Opening Segment
- We introduce our guest, Cody Laughlin & Brian Alfaro
- Cody talks about his background
- Brian talks about his background
[06:19 – 13:28] The Focus on Flight to Quality Assets
- Coming to the table with enough reserves or CAPEX
- Buying right and doing due diligence
- What’s their worst investing advice?
[13:29 – 24:28] Real Estate Is Always Appreciating, Right?
- They talk about the topic of options when purchasing in a upcycle
- Discovering deals that may be better as long term debt
- Fundamentals in underwriting
[24:29 – 34:03] How have you shifted, or have you shifted?
- Around the US, Brokers holding the keys
- Being the goto and becoming the 1st call for a deal
- Get that track record without overpaying
[34:04 – 44:19] Perspective Of Passive Investor and Closing Segment
- Looking at the track record of the sponsorship team
- Looking at the professional team
- Being the ultimate skeptic
Cody's and Brian's book recommendations:
Then One Thing
The Miracle Morning
Connect with Cody and Brian! See the links below.
Final thoughts
Tweetable Quotes:
“It's a long-term game. You have to build these relationships. It starts with one piece at a time and it's not going to just happen with a phone call.” – Cody Laughlin
“I would say, you know, if you're a passive investor, be the ultimate skeptic. I mean, question everything"– Brian Alfaro
Resources Mentioned:
- BiggerPockets
- Black Swan
- Why Real Estate Book
Go to their LinkedIn, Facebook, and Instagram pages to connect. Visit their Website, YouTube, and Podcast.
Review contest, through March
For today’s episode, we will be discussing building your team in under 10 minutes.
We will go over who are all needed to surround yourself with if you are looking to passively invest.
What can we do from an investment that typically requires high minimums compared to other vehicles to park money?
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
“find somebody who has operated in this space before because they're going to know a lot more about the nuances and the tips and tricks that can save you a ton of money” – Anthony Vicino
“spending a couple of hundred bucks so that you can sleep at night knowing that you're in bed with a good operator and things are structured” – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guest for today is a multi-family investor who cultivates events and experiences. Founder of The Conference, The Mid-Atlantic Multifamily Western Conference. Since leaving corporate America after building a 20MM division, J has become one of the most sought-after thought leaders in the multifamily development space.
Let’s dive right in and learn from Coach Jerome Meyers on why we should attend a conference!
[00:01 – 10:03] Opening Segment
- We introduce our guest, Jerome Myers
- Jerome talks about his background
[10:04 – 22:36] Helping Those Who Have Already Spent 30k
- Jerome shares his previous experience at Events
- He talks about the industry of courses and pitches
- Discovering opportunities
[22:37 – 28:13] What Do You Do, What Don't You Do?
- Having a network that has access to capacity
- Establishing a new network
- Willing to change your environment
[28:14 – 38:06] Who Knows You?
- Social Capital
- Have a clear framework
- The best marketing is a good product
[38:07 – 48:37] Closing Segment On Coaching
- Apex Performers
Jerome book recommendations:
The One Thing
Connect with Jerome! See the links below.
Final thoughts
Tweetable Quotes:
“I am a huge proponent of getting tuna in the boat and not chasing Moby Dick.” – Jerome Myers
“do you tie all of your self-images, your worth, or esteem into your accomplishments? And this comes back to getting hit in the face as an entrepreneur.” – Jerome Myers
"people think that they're buying the result, but that money is just giving you access to their time. There's a whole nother component called work that most people don't understand" – Jerome Myers
"You pay your coach so you don't have to give up equity in your company." – Jerome Myers
Resources Mentioned:
- Mid-Atlantic Multi-Family Investing Conference
Go to his LinkedIn, Facebook, and Instagram pages to connect with Jerome. Visit his Website, YouTube, and Podcast.
Review contest, through March
For today’s episode, we will be discussing how to find money to actually invest in real estates.
We will go over what to do with how to overcome the $50k initial investment. Where and how do you invest?
What can we do from a position of cash to an overfunded life insurance policy.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
“if you and say your brother both have twenty-five thousand dollars and you want to invest in a deal, you could put them together in an LLC and then use that to invest into the deal.” – Anthony Vicino
“Sometimes combining resources like that could be very powerful.” – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guest for today is an international investor from over the Atlantic Ocean. He has gone from working and networking in 58 counties to landing his ideal job in I.T. While loving and working his W2 job, he is on a mission to help those high-wage earners and or retirees invest in their right vehicles.
Let’s dive right in and learn from Billy how we can get investing!
[00:01 – 05:49] Opening Segment
- We introduce our guest, Billy Keels
- Billy talks about his background
[05:50 – 16:14] Billy Keels
- Billy talks about his background
- What’s their worst investing advice?
[16:15 – 26:20] Are Sleeping Well At Night?
- Billy shares his investment parameters
- He talks about investing time and learning
- Discovering what you don't know, reading the private placement memorandum
- Getting in sync in the beginning
[26:21 – 38:02] Investment In Diverse Assets In Different Geographical Locations
- Active and Passive Investing
- Asking the difficult and tough questions
- Creating non-active, i.e passive income
[38:03 – 41:43] Closing Segment
Billy Keels book recommendations:
Return to Orchard Canyon
Connect with Billy! See the links below.
Final thoughts
Tweetable Quotes:
“So, I do real estate. I love real estate. I will continue to love real estate. And I just wish I would have known about it much sooner.” – Billy Keels
“I'm always looking for cash flow, like just predictable cash flow. And I really love tax benefits.” – Billy Keels
Go to her LinkedIn, Facebook, and Instagram pages to connect with Julie. Visit her Website, YouTube, and Podcast.
Review contest, through March
For today’s episode, we will be discussing the Jumbo Jet mythical investing strategy.
We will go over how the investment strategy is a good analogy to describe the syndication business model.
What can we do from this type of strategy that allows people to invest in real estate?
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
“I want to go from New York to Paris and I want to sit in the back and I want to eat my peanuts.” – Anthony Vicino
“People typically think that investing in real estate is somewhat binary” – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guest for today has done it all in the industry. He is the author of the new book Creative Cash, COO of Bradwell Property Group, and had built a large multifamily portfolio over the last 15 years!
Let’s dive right in and learn from Bill Ham and learn how to weather the different market cycles!
[00:01 – 06:34] Opening Segment
- We introduce our guest, Bill Ham
- Bill talks about his background
- What’s their worst investing advice?
[06:35 – 13:54] Chasing Tertiary Markets
- Bill shares his views on the current market
- He talks about aging assets and infrastructure
- Discovering how great deals are found
[13:54 – 20:27] Finding Value Through Operations
- Asking HOW?
- Checking on fluctuating expenses when analyzing
[20:28 – 32:34] Why You Need To Be Creative
- Lender made terms
- What classes to be looking out for
- SPY = Seller, Property, You
- Don't get the messenger killed
[32:35 – 34:50] Closing Segment
Bill's book recommendations:
Never Split The Difference
Connect with.............! See the links below.
Final thoughts
Tweetable Quotes:
“not only have I experienced all of the market cycles, but I've also survived and information is only passed on by those who survive.” – Bill Ham
“You create value when you buy. You make money when you exit profitably.” – Bill Ham
"take-offs are optional, landings are mandatory." – Bill Ham
"find valuations through operation, not renovation. Let's go find some assets that are just mismanaged." – Bill Ham
Resources Mentioned:
- Creative Cash
- Master Class
Email: Bill@GoBroadwell.com Go to his LinkedIn, Facebook, and Instagram pages to connect with BIll. Visit his Website
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing Setting Your Investment Parameters.
What the heck is Investment Parameters?
Walking through where people fall on the spectrum and tiring some metrics to particular investment vehicles.
Should the investment yield high only cash flow? What about appreciation?
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
“It's not about what you make, it's about what you keep.” – Anthony Vicino
“I think it's very important that people sit down and really think about where they fall on that spectrum, identify those parameters, and make sure that they look for them when they're out there looking at opportunities.” – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
*Want to learn more about investing with us?*
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guest for today is a successful Real Estate Investor that started helpings others House Hack single-family homes before it got its name. She has gone from Teacher to managing nearly 300 multifamily assets from 1,000 + miles away and is the creator of the Podcast: Ask Me How I Know.
Let’s dive right in and learn from Julie Holly how we can get our mindset right!
[00:01 – 07:14] Opening Segment
- We introduce our guest, Julie Holly
- Spencer talks about his background
[07:15 – 27:39] Why The Switch From Teaching To Real Estate
- Julie talks about her background
- What’s their worst investing advice?
[27:40 – 33:03] Why Jump into Multifamily?
- Julie shares her rental experiences
- She talks about planning to get out of residential
- Discovering Podcasts and getting sucked in
- Personal responsibility and executing a plan
[33:04 – 38:24] What Does the Next Couple Years Hold?
- Hoping over to LinkedIn
- Helping and teaching about investing capital
- Network effect
[38:25 – 43:46] Closing Segment
Julie’s book recommendations:
Richest Man in Babylon
Who Moved My Cheese Kid Edition
Connect with Julie! See the links below.
Final thoughts
Tweetable Quotes:
“Taking care of someone's money is really almost like taking care of someone's child, lets be real.” – Julie Holly
“You don't know when your card is up, so I have a little bit of YOLO in me because you don't know when. So make every heartbeat count, enjoy every day and work hard, but enjoy it!” – Julie Holly
Resources Mentioned:
- BiggerPockets
Go to her LinkedIn, Facebook, and Instagram pages to connect with Julie. Visit her Website, YouTube, and Podcast.
Review contest, through March
For today’s episode, we will be discussing Property Management.
We will go over the nuances of third-party versus in-house.
What can we do from a property management perspective to help grow the business and help the tenants?
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
“You know, the difference between a million-dollar idea and a million dollars is one million dollars worth of execution.” – Anthony Vicino
“The whole HR component of any business is probably one of the more frustrating things to develop inhouse” – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Exiting Tech to Go Big In Real Estate with Spencer Hilligoss
Our guest for today is Spencer Hilligoss, a successful FinTech employee in Silicon Valley of 13 years. He and his wife, Jennifer co-founder, started off with a duplex in California and now are LP and GP in multiple larger deals.
Let’s dive right in and learn from Spencer how we can go big in Real Estate!
[00:01 – 06:011] Opening Segment
● We introduce our guest, Spencer Hilligoss
● Spencer talks about his background
[06:012 – 23:17] Why The Switch From FinTech To Real Estate
● We introduce our guest, Spencer Hilligoss
● Spencer talks about his background
● What’s his worst investing advice?
[23:18 – 28:45] How Do You Make The Right Decision?
● Spencer shares his cheat code
● He talks about planning exercises
● What are the most common answers?
[28:46 – 31:54] Waking Up From The American Dream
● Spencer looks back to messages that resonated with him
[31:55 – 39:19] Road to 5,000 Doors and What’s Next
● Spencer’s role as Co-GP
● Vetting with a 3 part process
● 2021 Focus States
[39:20 – 43:46] Closing Segment
● Spencer’s book recommendations:
○ Essentialism
● Connect with Spencer! See the links below.
● Final thoughts
Tweetable Quotes:
“I think people take massive action. It’s not aimed at anything and they haven’t taken the deliberate steps, slow down to slow things down, man.” – Spencer Hilligoss
“Just because I can, does that mean I should?” – Spencer Hilligoss
Resources Mentioned:
● Passive Investment with Storage Units
Visit his LinkedIn to connect with Spencer. Visit his website.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalven
Review contest, through March
For today’s episode, we will be discussing Property Class.
Should we assume A-Class is always better?
What class is prioritized when there’s a preferred return?
Dan and I will also discuss some facts about Property Class that you don’t want to miss.
We will talk about these things...and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
“You want to be mindful of what these different asset classes, what they tend to lend themselves for in terms of your investment parameters.” - Anthony Vicino
“The unicorn deal that we're looking for is like the great neighborhood with a C property that could be easily a B property, but you're already in a B or in a neighborhood like that's kind of the perfect storm of different components coming together to set you up really well.” - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guest for today is the Networth Nurse, Savannah Arroyo. She leverages the power of multifamily syndication to invest in real estate while working on a full-time job. Likewise, she guides her fellow professionals in the medical field by busting the common myths that keep them from investing in the real estate space.A myth we’ll bust today is about the difficulty to invest in real estate. SPOILER ALERT: No, it’s not.
Let’s listen to Savannah and learn real estate investing for medical professionals!
[00:01 – 06:40] Opening Segment
- We introduce Savannah Arroyo
- Hear Savannah’s story on her path to real estate
[06:41 – 15:18] A Strong “Why”
- Talking about money remains a taboo
- How to break it
- Multifamily syndication vs. real estate investment trust
- Savannah weighs in
- Savannah’s secrets in working a full-time job and investing in real estate
[15:19 – 29:33] Mindset is Key
- Don’t miss Savannah’s best practices in real estate
- Here’s Savannah’s mindset you’d want to follow!
- Listen to the bad investing tip of the week from Savannah
- Savannah’s book recommendation:
- Grit by Angela Duckworth
- Financial Freedom with Real Estate Investing
[29:34 – 30:48] Closing Segment
- Connect with Savannah! Links below.
- Final thoughts
Tweetable Quotes:
“You don’t have to reinvent the wheel.” - Savannah Arroyo
“I think having the discipline to navigate around obstacles is huge in creating a business or investing in real estate.” - Savannah Arroyo
Resources Mentioned:
- Rich Dad Poor Dad
- BiggerPockets
- Naval Ravikant
- Hubspot
- Michael Blank
Email savannah@thenetworthnurse.com or go to her LinkedIn, Facebook, and Instagram pages to connect with Savannah. Check out her works online and on Facebook and YouTube.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
The Self-Directed IRA is one of the most underutilized tools when it comes to maximizing your retirement investments.
Most people simply don't realize they have the ability to invest in real estate (and other alternative assets) through this investment vehicle.
Are you tired of riding the stock market rollercoaster?
Well, with the Self-Directed IRA there's no need to watch the market go up one day and down the next.
Instead, invest in stable, cash-generating assets that deliver tax benefits (ie: real estate).
Tune into this week's episode to learn how!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guest for today is Joel Florek, owner, and Principal of JFH Capital, which buys and holds multifamily assets in Michigan and Indiana. Joel and his team specialize in underwriting deals quickly and creatively, focusing on finding properties with below-market rents, lack branding, and are not managed well.
Today, Joel joins us to talk about an important metric that you should consider in real estate investing. At the end of the day, real estate is a long game that can pay massive dividends when done right.
Listen to Joel and learn how he made the “return on time” metric simple!
[00:01 – 06:45] Opening Segment
- We introduce Joel Florek
- Listen to Joel’s elevator pitch on why he’s awesome
[06:46 – 17:10] Different Levers to Pull
- Joel’s bad investing advice of the week
- Hear from Joel how he underwrites a deal
- Why his company is focused on landscaping
[17:11 – 29:59] Return on Time
- What’s Joel’s absolute priority in real estate?
- 2 factors that can maximize the appreciation of properties
- Joel talks about the “return on time” metric
[30:00 – 40:18] 10-Year Outlook
- Joel will focus on this asset class this 2021
- His reasons here
- He talks about the crucial influence of his parents
- Joel’s book recommendation:
- Built From Scratch
- The Ride of a Lifetime
- Quench Your Thirst
- Shoe Dog
- Finding my Virginity
[40:19 – 41:11] Closing Segment
- Connect with Joel! Links below.
- Final thoughts
Tweetable Quotes:
“For me, I look at multifamily properties in particular as levers. How many levers does this property have that we can go and pull?.” - Joel Florek
“I always know at the end of the day, when push comes to shove, I’ve got the fortitude and the skills necessary to roll up my sleeves and cut out some massive cost on labor.” - Joel Florek
Email joel@jfhcapital.com or call 906.458.8356 to reach out to Joel. Connect with him on LinkedIn, Facebook, and Instagram. Visit his company online and check them out on Facebook and LinkedIn.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Welcome to another episode of Multifamily Investing Made Simple in under 10 minutes. Today, we’re going to demystify cash out refinance, one of the most powerful mechanisms to get back the money that investors have allocated in a value-add deal. Typically, most of the money created in a value-add deal is realized only when that deal is sold.
That means investors have a lot of money sitting in a property that has just boosted its value. To allow the investors to recoup the money they have invested while still owning the property, we need to do the cash-out refinance. Let’s tune in now to learn the cash out refinance process!
Tweetable Quotes:
“Cash out refinance is a great way to appreciate some of the profits you’ve created in your deal prior to actually selling the deal.” - Dan Krueger
“Now you own just as much of the building as you did before but you have less money invested in it. So, even if everything goes to crap, you’ve already recouped so much of your money...so you’ve de-risked your investment.” - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
We are pleased to welcome Chris Jackson to our show for today. Chris is the Principal and Chief Executive Officer of Sharpline Equity Real Estate Investments. He leads Sharpline Equity’s acquisitions team and manages its operational strategies, systems designs, and process implementation, specializing in finding underperforming multifamily assets with high upside opportunities. Today, he will join us to share his investing approach and other important topics relevant to the current real estate landscape.
Let’s dive right in and learn how we can overcome the CapEx Tsunami!
[00:01 – 05:22] Opening Segment
- We introduce our guest, Chris Jackson
- Bad investing advice of the week
[05:23 – 14:13] Single Family Investing
- Don’t miss this valuable advice from Chris on real estate investing
- Chris shares his insights about investing in single family
- He talks about his approach to investing
[14:14 – 23:51] How to Create a Leverage Point
- Chris talks about their experience in lending
- How to be a well-prepared passive investor and sponsor
- What’s the “headache” factor in real estate?
[23:52 – 38:02] Capital Expenditure
- What did Chris realize about B++/A- assets?
- How to cope with the COVID-19 pandemic
- Opportunities in dislodgements
- What to do when things are going bad
[38:03 – 42:03] Closing Segment
- Chris’ book recommendations
- The Charisma Myth
- Connect with Chris! Links below.
- Final thoughts
Tweetable Quotes:
“I think that there is opportunity in all the spaces right now because I do think that dislodgement has officially occurred.” - Chris Jackson
“I think you just have to ask a lot of questions. I would step out of [my] comfort zone and just talk with a lot of people...Start to learn building systems.” - Chris Jackson
Email chris@sharplineequity.com or call 631-629-5557 to reach out to Chris. Connect with him on LinkedIn, Facebook, and Twitter. Visit his company online and check them out on Facebook and Instagram.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
How much do you get? How much do I get? Who asks these questions when we talk about equity split? In this episode, we will learn in under 10 minutes what an equity split is. We will also discuss a general partner and a limited partner, and which usually gets the bigger share of the split and why. Lastly, we’re going to talk about the common splits we have encountered and why a 70/30 is usually better than a 90/10.
Tweetable Quotes:
“The way that you wanna look at [a deal] is more through the lens of ‘is this deal providing the returns I expect out of it?’” - Anthony Vicino
“If you don’t understand [the deal], don’t do it...Understand it before you sign.” - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Kim Lisa Taylor is recognized nationally as a corporate securities attorney and no. 1 best-selling author on Amazon. She founded Syndication Attorneys, PLLC, a law firm in Florida providing Securities Offering Documents and has now been responsible for over 300 securities offerings. She also established InvestorMarketingMaterials.com, which offers professionally edited and drafted marketing materials for clients.
Let jump into this episode and learn more about syndication law!
[00:01 – 07:15] Opening Segment
- We introduce our guest, Kim Lisa Taylor
- Kim talks about her unique niche in real estate
[07:16 – 18:46] Accredited and Sophisticated Investors
- Kim talks about accredited investors
- She shares her thoughts on “anti-Wall Street” deals
- She gives insights about sophisticated investors
- What are no-action letters?
[18:47 – 29:25] Syndication Law
- Don’t miss Kim’s tactics to build relationships in real estate syndications!
- How to structure your management team
- What’s legal and illegal in real estate syndication?
[29:26 – 40:09] Solicitation
- Kim tells us the legal definition of solicitation
- Not all failed partnerships ended badly
- Kim’s bad investing advice of the week
[40:10 – 44:25] Closing Segment
- Kim’s book recommendations
- The Four Agreements
- The Mastery of Self
- Connect with Kim! Links below.
- Final thoughts
Tweetable Quotes:
“Until someone has that conversation with you, they shouldn’t be soliciting you… Solicitation is the act of asking…asking somebody to do something in exchange for money.” - Kim Lisa Taylor
“Just because a partnership doesn’t work out doesn’t mean it ends horrifically.” - Kim Lisa Taylor
“No one’s an investor until their funds are in your bank account.” - Kim Lisa Taylor
Resources Mentioned:
- Kim’s no. 1 best-selling book: How to Legally Raise Private Money
- David Lindhal
- Determining Investor Suitability for 506(b) Offerings
Email kim@syndicationattorneys.com to reach out to Kim or connect with her on LinkedIn. Visit their company online and check them out on LinkedIn and Facebook. Check out their library for more real estate resources!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call:https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
For today’s episode, we will be discussing Preferred Returns. Should we avoid deals with no preferred return? Who is prioritized when there’s a preferred return? Dan and I will also discuss some facts about preferred returns that you don’t want to miss. We will talk about these things...and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
“A preferred return is not a guaranteed return...it’s nice but it’s not really going to matter that much in the grand scheme of things.” - Dan Krueger
“The most important thing that people need to be doing is aligning themselves with great operators. If you’ve done that, you’ve done mostly everything that needs to be done.” - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guest for today is a successful sales executive for 10 years, serving an enterprise technology clientele. He is a great connector of people and offers a lot of insights on both active and passive investing. John Blanton, the host of the Contrarian Cashflow Podcast, aims to help others perform due diligence on real estate and business opportunities to ensure top-performing risk-adjusted returns. That’s also what this episode is about.
Let’s dive right in and learn from John how we can leverage risk-adjusted returns!
[00:01 – 06:06] Opening Segment
- We introduce our guest, John Blanton
- John talks about his background
- What’s his worst investing advice?
[06:07 – 16:37] Risk-Adjusted Returns
- What people should understand about risk tolerance
- We talk about the 1% Rule in multifamily
- John’s unintentional jump to multifamily
- What’s the ideal after repair value of an asset?
[16:38 – 25:45] Delaware Statutory Trusts
- John shares his real estate strategy
- He talks about Delaware Statutory Trusts
- How many mistakes will a new investor commit?
- He shares how he deals with challenges
[25:46 – 35:07] Active vs. Passive
- John’s drive and motivation to close deals
- Aligning deals with personal goals
- Should you be an active or passive investor?
- A few factors to consider
[35:08 – 39:19] Being Active in Passive Investing
- Why you can’t be fully passive in real estate
- What’s this tax-free asset you should have?
[39:20 – 44:47] Closing Segment
- John’s book recommendations:
- Becoming Your Own Banker
- Expert Secrets
- Connect with John! See the links below.
- Final thoughts
Tweetable Quotes:
“I think that’s the challenge with newer investors in general. You do have to make a lot of mistakes.” - John Blanton
“I think a lot of people have a lot more time at their disposal than they realize and they’re willing to admit.” - John Blanton
Resources Mentioned:
- Building Partnerships and Raising Capital Made Simple with Ruben Greth
Email john@peakcapitalgrp.com, call (919) 205-3141, and visit his LinkedIn to connect with John. Visit his website and listen to his podcast here and on YouTube.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Today we are going to, at lightning speed, take all the complexities out of valuations. Dan and I will talk about the factors considered when valuing multifamily properties. We will also discuss the different approaches to value these properties. What is the best approach to apply? What is the capitalization rate and why does this matter in valuations? We will answer these questions… and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
“You’d think of the cap rate as the most important, powerful force in the universe.” - Anthony Vicino
“If you know what the cap rate is in your market, you’re not forced into a selling position” - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Are you an introvert who wants to invest in real estate? Well, this episode is for you. We will be joined by Derek Loda, Principal of Loda Properties, to share his secrets about building networks in real estate by sparking a conversation first. Today, we will learn that there are a few ways to spark a conversation and not everything should be about real estate right away. Derek has been an active investor since 2015 and is the voice behind the Apartment Investing for Early Retirement podcast.
Now, let’s tune in and learn Derek’s 4 ways to spark a conversation in real estate networking!
[00:01 – 10:00] Opening Segment
- Let’s get to know, Derek Loda
- Derek’s bad investing tip of the week
[10:01 – 22:15] Go Big, Don’t Go Home
- Derek walks us through his process of investing in real estate
- Don’t miss Derek’s tips in real estate!
[22:16 – 35:47] Spark a Conversation
- Derek gives his insights about mentorship and networking
- Quality over quantity in networking
- How to spark a conversation in networking events
[35 :48 – 45:34] Practice
- Derek’s tips for introverts investing in real estate
- Be comfortable with the uncomfortable
- Practice your social skills
- We talk about the importance of goal setting in real estate
[45:35 – 52:06] Closing Segment
- Derek’s book recommendations
- Syndication is a B*tch by Bruce Petersen
- Expert Secrets by Russell Brunson
- Connect with Derek! Links below
- Final thoughts
Tweetable Quotes:
“Set up your relationships ahead of time. Call your lenders now if you’re thinking about getting a property in 2021. Build that relationship. Build that network.” - Derek Loda
“In this industry, it’s about that network. It’s about those relationships and if you can’t build relationships with people, you’re gonna have a very tough time.” - Derek Loda
Resources Mentioned:
- BiggerPockets
- Bruce Petersen
- Building a Network Made Simple with Sterling White
- Grant Cardone
Email dloda@lodarealestate.com or call (920) 284 - 0720 to reach out to Derek or connect with him on LinkedIn, Facebook, and Instagram. Visit his company online and check them out on LinkedIn.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call:https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Today, we are going to take the complexity out of debt and why you should not fear it. You can actually use debt to amplify your returns in real estate. How can you do that? Well, listen to this episode to learn the different kinds of debt, terms you should understand such as interest rates and amortization, and prepayment penalty. When pairing a debt with a deal, what’s the most important factor to consider? We’ll answer that question... and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
“Debt provides us with leverage, which lets us amplify the returns of real estate…However, it’s a bit different than most of the debt that most people have experience with.” - Dan Krueger
“There’s about four levers that are equally important so when you look at traditional mortgages, a lot of people I’ve talked to, they get really fixated on the interest rate....and that is one lever. It’s not even the most important lever...” - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://invictusmultifamily.com/
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
We have a very special guest for today that we’re sure you don’t want to miss. Hunter Thompson is the Founder and Managing Principal of Asym Capital. He is a full-time real estate investor who has directed the purchase of more than 90 million dollars of commercial real estate. He is also the voice behind Cash Flow Connections, a consistent Top-200 podcast on iTunes. He will join us today to talk about the 4 stages of capital raising, which can help us raise millions in just a matter of a few weeks.
Let’s tune in and learn the secrets of raising 5 million in 30 days!
[00:01 – 07:25] Opening Segment
- Hunter shares his worst piece of real estate advice
- Strategies are not the X-factor
[07:26 – 16:05] Don’t Focus on the Results
- What’s this good little skill in investing you should have?
- He walks us through his evolution as a real estate investor
- You don’t want to be results-focus in real estate
[16:06 – 31:39] Raise 5 Million in 30 Days
- Decision-making based on probabilistic outcomes
- He walks us through this 5.5-million raise they closed in 30 days
- Hunter’s 4 stages to raise capital
- Don’t miss Hunter’s tips for passive investors and capital raisers!
- The Number 1 Rule of Investing
[31:40 – 40:49] Allow a Book to Change Your Life
- Hunter’s book recommendations
- Double Double
- Dotcom Secrets
- How to reverse-engineer other people’s investing secrets
[40:50 – 43:13] Closing Segment
- Connect with Hunter! Links below.
- Final thoughts
Tweetable Quotes:
“If you’re an operator and you’ve got those two friends that are always your referrals, treat those people well.” - Hunter Thompson
“I think what’s a far better idea is to pick one book that has the potential to change your life and allow it to change your life.” - Hunter Thompson
Resources Mentioned:
- Who Not How
- Tony Robbins
- Ray Dalio
- Annie Duke
- Russell Brunson
Email hunter@asymcapital.com to reach out to Hunter or connect with him on LinkedIn, Facebook, and Instagram. Visit his company online and check them out on LinkedIn and Twitter. Listen to his podcast.
Mark your calendars January 6th-8th, 2021 and join the 5 Million in 30 Days Summit! Free ticket here.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictuscapitalventures.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictusmultifamily/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
We will talk about the difference between passive and active investing. We will also provide questions you need to answer for you to decide if you’re better off as a passive or an active investor. The questions involve the 3 T’s of real estate investing you need to know, your short-term and long-term goals, and risk profiles, among other factors. What if you don’t have time and experience but you have the money to invest? Should you go passive instead of active? If you only have time, what’s better for you? We will answer these questions...and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
“You’ve gotta figure out what your long-term goals are first.” - Dan Krueger
“There’s a significant difference on the risk profile between an active operator and passive investor.” - Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Today’s guest is a former Division I soccer player who has been in the real estate business since 2016. He found himself in the business after several failed attempts to flip houses in Long Island, New York. These attempts taught him the risks and rewards of investing in real estate and led him to investing passively in an eight-unit property then joint-venturing on another 100 units worth over 4.5 million dollars. He is now Asset Manager at Toro Real Estate Partners.
Let’s all welcome, Chris Grenzig, and together, dive into his story and find out how this former athlete learned about risk taking in the business.
[00:01 – 09:05] Opening Segment
- We introduce our guest, Chris Grenzig
- Chris talks about our bad investing tip of the week you’d want to check out!
- Chris shares his reasons for investing out of state
[09:06 – 23:04] Risk Taking
- Chris tells us why it is possible for companies to be successful even if they invest in only a few states
- Chris talks about the risks in real estate investing that you don’t want to miss!
- We talk about why risk is subjective and hard to quantify
[23:05 – 35:50] Preferred Equity
- We talk about the questions about preferred equity you should ask your operator
- Chris walks us through the start of his real estate journey
- He shares very valuable lessons he learned from his failed attempts to flip houses
[35:51 – 42:10] Goal Alignment
- Chris talks about the upsides and downsides of syndication models
- He tells us the importance of aligning your goals with your operator
[42:11 – 49:31] Closing Segment
- Book recommendations from Chris
- The 12 Week Year
- Final words
- Connect with Chris online! See his links below.
Tweetable Quotes:
“There’s riches and niches for a reason.” - Chris Grenzig
“Just pick one [path] and go with it and then you’ll figure it out over time.” - Chris Grenzig
Resources Mentioned:
- The Memo: Risk Revisited Again
- Real Estate Investing Experience Podcast
You can email Chris directly at chris@tororep.com or follow him online: Instagram, LinkedIn, Facebook, and YouTube. Check out their website at Toro Real Estate Partners
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://www.invictusmultifamily.com contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Myers Methods Presents Multifamily MisstepsAre you tired of the "happily ever after" style multifamily podcasts where everything goes to plan? If you are like us, you know that you learn more from mistakes and missteps than when the plan goes smooth.
Join your hosts, James Bryant and Jerome Myers, as they dig into the missteps of active multifamily operators. In these 30 minute or less episodes, follow along as we find and analyze the blunders in one of the four areas of a multifamily project life cycle: Finding, Funding, Fixing or Flipping the project.
We conclude each episode with how the issue was corrected, as well as the other valuable lessons learned.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://www.invictusmultifamily.com contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Today, we are diving into making network building simple with our guest, Sterling White. Sterling is a multifamily investor specializing in value-add apartments in Indianapolis and other mid-western markets. He founded the Sonder Investment Group, creating passive income for both institutional and individual investors through investing in income-producing assets.
[00:01 – 09:01] Opening Segment
- We introduce our guest, Sterling White
- Sterling talks about his background and his real estate journey
[09:02 – 17:15] Network Building
- Sterling talks about the bad investing tip of the week you don’t want to miss!
- He shares what a passive investor should look for in an operator
- We talk about building your network by looking for recommendations or referrals instead of simply doing your own research
[17:16 – 24:11] Dealing with Failures
- Sterling shares the world record he tried to break
- You might want to look for a world record you want to break yourself
- He talks about his approach in dealing with failures and how they can help you succeed in the long run
[24:12 – 28:58] Closing Segment
- Sterling’s book recommendation:
- Shoe Dog: A Memoir by the Creator of Nike
- He shares about building his personal brand and creating content online
- Connect with Sterling online! See the links below.
- Final thoughts
Tweetable Quotes:
“For people who are passively investing, first deal may not go so well...but it’s a mistake and feedback on how to improve on what to do next time.” - Sterling White
“It’s even better to learn from others’ mistakes.” - Sterling White
Resources Mentioned:
- The 4-Hour Workweek
- Real Estate Funds Made Simple With Chris Salerno
- Mistakes Millionaires Make
- Nassim Nicholas Taleb
- Tony Robbins
- Naval Ravikant
Connect with Sterling on LinkedIn, Instagram, Facebook, YouTube, and BiggerPockets. Check out his personal website and podcast show. Visit his company online.
.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://www.invictusmultifamily.com contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
What does it mean for a property to be physically and economically vacant? Are they the same thing? Physical vacancy refers to a vacant unit with no person leasing it. Economic vacancy is quite different. It’s sometimes used synonymously with a specific term. What do you think is that term? We will talk about that and more on the concept of vacancy in another episode of Multifamily Investing Made Simple in under 10 minutes.
Tweetable Quotes:
“Having a body in the unit doesn’t necessarily mean that that person is actually paying their rents.” – Dan Krueger
“If you’re flying too close to the sun and you don’t have a safety net, your wings are probably gonna melt.” - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://www.invictusmultifamily.com contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Today’s guest is Ryan Murdock, Strategic Advisor at Open Door Capital LLC. He has extensive management experience in many facets of real estate including retail, office, multi-family, HOA, and especially mobile home parks – including nationwide consulting and turn-around projects. In 2008, he became a licensed real estate broker, owning and operating a portfolio of residential rental properties.
Let’s welcome our guest, Ryan, and learn more about mobile home parks.
[00:01 – 06:46] Opening Segment
- We introduce our guest, Ryan Murdock
- Ryan talks about bad real estate advice he heard before
[06:47 – 17:52] Mobile Home Parks
- Ryan shares some rules of thumb about capital expenditures you don’t want to miss!
- We talk about what works for single family that doesn’t work for multifamily and mobile home deals
- Ryan talks about the reasons they are engaging in mobile home parks
[17:53 – 25:52] Hiring the Right People
- Ryan talks about the importance of finding the right people for your team
- Ryan shares his company’s approach in hiring people
[25:53 – 36:25] Allow Yourself to be Found
- Ryan shares some secrets to be found by people who might be looking for someone like you
- We talk about the different kinds of luck and how Ryan utilizes all of them.
[36:26 – 42:49] Closing Segment
- Ryan tells us the unique structure of Open Door Capital that you’d want to check out!
- Ryan’s book recommendations:
- The Hands-Off Investor
- The Book on Rental Property Investing
- The 4-Hour Workweek
- Connect with Ryan online! See the links below.
Tweetable Quotes:
“For any problem...there’s a certain dollar amount that will fix that.” - Ryan Murdock
“Put yourself around people that are doing what you want to do.” - Ryan Murdock
Resources Mentioned:
- Brandon Turner
- BiggerPockets Real Estate Podcast
- WizeHire
- Naval Ravikant
Connect with Ryan on LinkedIn, Instagram, Facebook. Check out their company online and on Facebook, LinkedIn, and Instagram. Get a chance to earn 100,000 DOLLARS! Visit BringBrandonADeal.com for more details.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://www.invictusmultifamily.com contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
The Private Placement Memorandum (aka the PPM) is no investor's favorite document.
It's a big, dense document filled with legalese designed in many ways to scare you off from actually investing.
With all that said, it is a necessary evil, and if you want to thrive in the world as a passive investor, you have to gain at least a cursory understanding of this critical document, what's all in it, why it's laid out the way it is, and what you should be on the look-out for.
Yes, you should have a legal-eagle on your team give this a thorough read-through, but that's no excuse for not also reading it yourself.
But fear not! We're here to help simplify the process and shed some light on what to expect in the PPM in Under 10 Minutes in this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
“If you’ve made it to the PPM section and you don’t know your operator really well, and their experience, and the team around them, that’s really weird and you’ve done something probably wrong.” - Anthony Vicino
“Those risk factors, they’re gonna give you some particular insight into things like where the issues potentially might be with the business plan.” - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://www.invictusmultifamily.com contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Today’s guest is Clint Coons, an author, lawyer, and a real estate asset protection expert. Clint has applied his experiential knowledge, together with his innovative and dynamic strategies, to support his clients in saving millions of dollars and building real wealth. He is one of the founding partners of Anderson Business Advisors, a business planning and consulting firm based in Seattle, Washington and Las Vegas, Nevada. Anderson provides high-quality services and resources to real estate investors, stock traders, solopreneurs and business owners.
[00:01 – 06:51] Opening Segment
- We introduce our guest, Clint Coons
- Clint talks about his background and how his real estate journey started
[06:52 – 19:30] Retirement Talks
- Clint talks about the difference between a qualified retirement plan and a self-directed individual retirement account (IRA)
- What is advisable to use in what situation?
- Clint tells us the limitations of the qualified retirement plan
- He shares some tips that passive investors can take to start a real estate business
[19:31 – 24:10] Preparing for Retirement
- Clint talks about the process of transferring assets from a self-directed IRA to a qualified retirement plan
- Clint shares a few opportunities about the qualified retirement plan that you would not want to miss!
[24:11 – 29:13] Closing Segment
- Clint’s book recommendations:
- Unbroken
- FREE BOOK from Clint available here: Asset Protection for Real Estate Investors. Use the code “Invictus.”
- Connect with Clint online! See the links below.
- Final thoughts
Tweetable Quotes:
“Having the power of leverage, I think, is really important for investors.” - Clint Coons
“Challenges are great. They build character and they're gonna make you stronger.” - Clint Coons
Resources Mentioned:
- Anderson Business Advisors
You can email Clint at ccoons@andersonadvisors.com or follow him on LinkedIn and Twitter. Learn more about real estate asset protection on his YouTube channel. Also, check out his blog. Visit their company online at Anderson Business Advisors, LinkedIn, Facebook, Twitter, Instagram, and YouTube.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://www.invictusmultifamily.com contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Yes or NOI? Don’t just agree about something you don’t understand. In today’s episode, we will learn about Net Operating Income (NOI) in under 10 minutes. Is it the same as profit? Why is it everything in the multifamily business? After listening, we will learn about computing the NOI, adding significant value to a property we just bought using the NOI, and getting back dollars for every dollar we spent.
Tweetable Quotes:
“Net Operating Income is everything in multifamily in my opinion.” – Dan Krueger
“You spend a dollar and you’re going to get two, three, maybe four dollars back in valuation for every dollar you spent.” – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://www.invictusmultifamily.com contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Our guest for today started in real estate by raising 650,000 dollars of joint venture money from social media to buy small multifamily deals in Phoenix, Arizona. He is an expert in marketing, brand awareness, and capital raising. Currently, he connects and learns from successful syndicators and shares his discussions with them through his own podcast, The Capital Raiser Show.
[00:01 – 08:42] Opening Segment
- We introduce our guest, Ruben Greth.
- Ruben talks about his background and how his real estate journey started
[08:43 – 16:52] Looking for Potential Partners in Competitors
- Ruben tells us about what he called the “biggest transfer of wealth ever”
- Sharing your business secrets and why you should do it
[16:53 – 31:13] From Building Partnerships to Raising Capital
- Ruben talks about the importance of adapting and evolving in the real estate business, as well as finding the right partner
- Tips to create a good partnership from the beginning of a real estate business
[31:14 – 47:48] Addressing Emotional Needs
- Ruben talks about the importance of addressing the emotional needs of passive investors
- Differences in projections about the future of real estate business
- Is multifamily resistant to recessions?
[47:49 – 59:30] Find Your Niche
- We talk about the worst pieces of advice we ever heard
- Ruben tells us the importance of trust, consistency, and learning in real estate
[59:31 – 01:06:10] Closing Segment
- Ruben’s book recommendations:
- The Power of Intention
- Capital Raising
- Connect with Ruben online! See the links below.
- Final thoughts
Tweetable Quotes:
“I saw multifamily as a great avenue for generational wealth for leaving a legacy for my children.” - Ruben Greth
“Really, in multifamily, it is a team sport. It’s really the only way to go.” - Ruben Greth
Resources Mentioned:
- The Capital Raiser Show
- Phoenix Real Estate Investors
- Gino Barbaro
- The "Highest and Best" Real Estate Investment!
Connect with Ruben on LinkedIn, Instagram, and Facebook. Check out his Youtube channel. Visit their company online and on Facebook and LinkedIn.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://www.invictusmultifamily.com contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
The IRR is the gold standard by which we evaluate deals because it allows you to compare apples to oranges.
Then again, it's also one of the most confusing metrics to calculate and understand.
Fear not, intrepid investor, we're here to simplify the Internal Rate of Return in Under 10 minutes!
You ready?
Great.
Then let's start the timer!
Tweetable Quotes:
“The IRR is the gold standard by which we evaluate deals because it allows you to compare apples to oranges.” – Anthony Vicino
“The IRR assumes in its formulation that you are taking that money and reinvesting it at a reasonable rate.” – Anthony Vicino
https://www.linkedin.com/company/11681388/admin/
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://www.invictusmultifamily.com contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Today’s guest is a LinkedIn rock star, a celebrity in the real estate world, and a powerhouse in property tax savings. As Business Director at Madison SPECS and as a national cost segregation leader, he has assisted clients in saving tens of millions of dollars in tax savings. He has a background in teaching and a passion for real estate and helping others.
Let’s welcome our guest, Yonah Weiss: Cost Segregation Made Simple.
[00:01 – 08:26] Opening Segment
- We introduce and welcome our guest, Yonah Weiss
- Yonah talks about cost segregation
[08:27 – 26:15] Is Cost Segregation Exploiting the System?
- Yonah walks us through the process of introducing cost segregation to an active investor
- He talks about the government incentivizing real estate investors with tax advantages
- Yonah shares a story about treating tenants as customers
- He talks about how he got involved in cost segregation
- Can cost segregation be done by one person?
[26:16 – 40:00] Prepare Yourself First Before Jumping
- Yonah shares some secrets about choosing the right people to work with
- He also shares some tips to connect with somebody you meet for the first time
- Yonah shares the worst piece of investing advice he heard
[40:01 – 43:25] Closing Segment
- Yonah’s book recommendations:
- Crush It!
- Crushing It!
- Jab, Jab, Jab, Right Hook
- Connect with Yonah online! See the links below.
- Final thoughts
Tweetable Quotes:
“Housing is an essential part of the economy.” – Yonah Weiss
“You can add so much value just by making connections” – Yonah Weiss
“Failure is part of the process, but you can avoid a lot of that failure by learning and studying and apprenticing other people who are doing it.” – Yonah Weiss
Resources Mentioned:
- Tax-Free Wealth
- Ivan Barratt
- Gary Vaynerchuk
- How to Get Rich (without getting lucky)
Connect with Yonah on LinkedIn, Facebook, Instagram, and YouTube. Check out his website and listen to his podcast: Weiss Advice. Also, visit their company online at Madison SPECS and on LinkedIn.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://www.invictusmultifamily.com contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Welcome to another Multifamily Investing Made Simple in under 10 mins. For today’s episode, we will be taking the complexity out of what we call the Cash-on-Cash Return and be giving you a very comprehensive understanding of what it means. By the end, you’re going to understand what the cash-on-cash return will be when looking at a deal, it’s advantages and disadvantages, and when you should utilize it among the different metrics used in real estate deals.
Tweetable Quotes:
“Cash-on-Cash Return is just the annualize returns relative to the initial amount invested and honestly this is one of the simplest return metrics that real estate investors use.” – Anthony Vicino
“It’s simpler, and we’re drawn to what’s familiar, but that doesn’t mean it’s the right metrics.” – Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://www.invictusmultifamily.com contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Tyler Chesser, CCIM, is an experienced multifamily real estate investor. Tyler is the Founder of The Chesser Companies. He’s also the Co-Founder of CF Capital, a real estate private equity firm, which focuses on acquiring and repositioning multifamily assets in the Southeast United States and provides institutional-quality services to its residents and outsized returns to its investment partners.
[00:01 – 17:00] Tyler Chesser, CCIM
- What is a Certified Commercial Investment Member (CCIM)?
- Tyler talks about his real estate journey
[17:01 – 23:07] Remember Your ‘WHY’
- Tyler’s core behaviors and how he measures his effectiveness
[23:08 – 37:03] Tyler’s First Deal
- Tyler walks us through his first real estate deal
- The most important concepts a new investor should master
[37:04 – 41:24] Risk Management
- Tyler shares tips on how he approaches risk management
- Book recommendations that tackle risk management. Links below
[41:25 – 45:48] CF Capital LLC
- Tyler talks about CF Capital LLC
[45:49 – 54:04] Closing Segment
- The worst investing advice Tyler has ever heard.
- Financial Advisors ask, “When do you want to retire?”
- Tyler’s best book recommendation for the week:
- Sapiens by Yuval Noah Harari
- Meditations by Marcus Aurelius
Tweetable Quotes:
“If you really want to do big things, you really should consider going all in and really focusing. Because it takes a ton of time and effort to be successful in this business.” – Tyler Chesser
Resources Mentioned:
- Rich Dad Poor Dad
- Tony Robbins
- The Go-Giver
- The Black Swan
- Antifragile
- Fooled by Randomness
- The Bed of Procrustes
- How To Get Rich Without Getting Lucky
- Tony Robbins’ RPM system
You can connect with Tyler on his personal website. Visit the CF Capital LLC website. Listen to his podcast, Elevate with Tyler Chesser.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://www.invictusmultifamily.com contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Today we're breaking down Capital Expenditures (what it is, why it matters, and what you can do with that knowledge) all in under 10 minutes!
At its core, CapEx drives much of the value-add model we employ when acquiring multifamily assets.
Some of the common questions we tackle in today's episode:
- Is it a Capital Expenditure or routine maintenance?
- How does CapEx affect our NOI?
- Should you raise CapEx before purchasing or pull from cash-flow?
Got 10 minutes and looking to bump your real estate knowledge up just a tick?
Join us and let's take the complexity out of Capital Expenditures!
Tweetable Quotes:
“CapEx is the funds used to acquire, upgrade, and maintain a property. So, a way of thinking about an expense that would qualify as a CapEx is does it improve the useful life of a property.” – Dan Krueger
“It’s really important to understanding, one: how we operate our deals, and then two: how are some operators operate their deals.” - Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://www.invictusmultifamily.com contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Bruce Wuollet is the founder, visionary, and the current owner of Bakerson. Growing up in the bakery business in the Twin Cities, Minnesota, Bruce wanted to pay homage to his late father. After trying his hand in a few different ventures in Minnesota, Chicago, and Phoenix, he finally found his real estate passion. He’s brewed a track record of success throughout Bakerson’s 18 years in the business.
[00:01 – 11:42] From Bakery to Real Estate
- Bruce talks about his background and how he started his journey in real estate investing
- Trying different paths and actually giving the time and effort to see if you really like it
- When’s the best time to do something?
- It should be done when you’re most likely to do it
[11:43 – 23:35] Generating and Closing More Deals
- Bruce shares tips and tricks on how he can generate and close a lot of deals
- Know your numbers
- Bruce talks about his habits and routines
- MVP – Most Valuable Priorities
[23:36 – 28:06] Bakerson' Focus
- Bakerson’s current focus
- Permanent tenants
- Create a legacy of ownership
- Buying without the intent of selling
[28:07 – 34:50] Passion for Serving Others
- Bruce talks about his passion for serving the residents
- Providing one of the basic human needs – shelter
- Treat the residents with respect and dignity
[34:50 – 40:01] Closing Segment
- The worst investing advice Bruce has ever heard
- Invest in mutual funds, and it will compound over time
- Bruce’s book recommendation:
- The Secret Life of Real Estate and Banking
- Final thoughts
- Connect with Bruce online! See the links below.
Tweetable Quotes:
“If you don’t love what you do – you should make a change. There’s no reason why you shouldn’t love what you do.” – Bruce Wuollet
“If you take care of the residents, they take care of the property. The property takes care of us and our investors.” – Bruce Wuollet
Resources Mentioned:
- Rich Dad Poor Dad
- The Compound Effect
You can connect with Bruce by sending him an email at bruce@bakerson.com or give him a call at 520 808 9111. Visit the Bakerson website to know more about real estate investing opportunities.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://www.invictusmultifamily.com contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
What exactly is a Cap Rate, and why is it so important to have this knowledge when evaluating a real estate investment?
In today’s episode, we will be taking the complexity out of Cap Rates. By the end, you’re going to understand how cap rates work, why it works that way, and how to utilize the perks that come with cap rates fully.
Tweetable Quotes:
“We’re so used to thinking when we see the word ‘rates’ like rate of return. They think bigger is better, higher is better, but when you’re buying something, you actually want the cap rate to be pretty high. Once you own it, and in the future, you’d like to see that cap rate come down so that the market is willing to accept a lower rate of return on the asset.” – Dan Krueger
“I would not get too hung up on saying, ‘I’m buying at this cap rate or that cap rate.’ There’s money to be made at 3-cap, there’s money to be made at a 10-cap. If that’s one of your defining metrics, you’re looking at it through the wrong lens.” – Anthony Vicino
Resources Mentioned:
- Multifamily Investing Made Simple Episode with Charles Dobens
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://www.invictusmultifamily.com contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Today’s guest holds a portfolio that ranges from wholesaling, house flipping, subdivisions, new construction, commercial real estate, joint ventures, and multifamily investing. He’s been everywhere, he’s done everything, and today he’s here in our podcast to impart his knowledge and strategies that enabled him to exit the rat race with passive income and live life by design with his family.
Let’s welcome our guest, Hadar Orkibi, founder and asset manager at MFI Holding.
[00:01 – 08:07] Long Distance Investor
- Hadar talks about his background and how his journey began
- Long-distance investor (living in New Zealand, investing in the USA)
- Hadar talks about New Zealand’s booming real estate
[08:08 – 23:51] Hadar’s Portfolio
- Hadar talks about his real estate portfolio in the US
- Choosing the right market
- Hadar shares his secret to success in investing internationally
- The key element is to have an excellent team on the ground
- Hadar talks about his investments in New Zealand
- Didn’t shift his focus solely on the US market
[23:52 – 43:45] Building Successful Businesses
- The 5 elements to a successful business
- Focus
- Measurable action plan
- Proper time management
- Understanding your finances
- Accountability
[43:46 – 48:11] Closing Segment
- Hadar’s book recommendations:
- Build a Business, Not a Job by David Finkel
- The Slight Edge by Jeff Olson
- Connect with Hadar online! See the links below.
- Final thoughts
Tweetable Quotes:
“The key element for investing out of your area, whether you’re overseas or whether you’re out of the states, is to have a good team on the ground.” – Hadar Orkibi
“Accountability is the glue that ties commitments to result.” – Hadar Orkibi
Resources Mentioned:
- Jake & Gino
- Yonah Weiss
- Underwriting definition
- Maui Mastermind
Connect with Hadar on https://mfiholding.com/. Visit the MIH Mastermind website, https://mihmastermind.com/ and https://MIHMastermind.com/multifamily-real-estate-education/.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://www.invictusmultifamily.com contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
All we can say is "Brave." A man starting a career in real estate investing amidst the greatest recession in the history of the market in 2008, Abel Pacheco bought his first single family property. He signed up for five real estate coaching programs, hired a professional coach and mentor. Traveled to different cities to attend conferences and seminars. And with all that education, it provided competence, which turned into confidence and evolved into taking action.
[00:01 – 13:33] Opening Segment
- We introduce and welcome the guest, Abel Pacheco.
- Abel gives a bit of background about himself and walks us through his real estate journey.
- Stockpiling cash to be deployed in the future
- A 2nd generation real estate investor (grew up watching his dad)
- Abel gives what he calls "a friend advice" and "a manager advice."
[13:34 – 23:39] Real Estate Education Followed By Action Made Simple
- Abel's bad investing advice for the week:
- If you don't know what you're doing, you don't have to mess with a smaller multifamily property to get experience.
- Educate, Educate, Educate. We talk about why there's no reason that you shouldn't be as educated as possible heading into real estate investing.
[23:40 – 32:23] From Single-Family to Multifamily
- What was ultimately the transition point for you to switch from single-family to multifamily properties?
- Abel talks about what attracted him to real estate.
[32:24 – 40:46] What's the Game Plan?
- Abel shares how he is vetting deals and operators at the beginning and how it changed over time
- Finding the right people and operators you can trust
[40:47 – 50:54] Closing Segment
- Abel's book recommendations:
- The Bible
- How to Win Friends and Influence People
- The 7 Habits of Highly Effective People
- How to Create Lifetime CashFlow Through Multifamily Properties
- Crushing It in Apartments and Commercial Real Estate
- Thinking Big by Brian Tracy
- Connect with Abel online! See the links below.
Tweetable Quotes:
"Save every dollar you get. Buy something smaller than you think you need and conserve. Because if you don't save it and invest it, man, no one's gonna do it for you." – Abel Pacheco
"You're gonna keep pushing forward. Life has to go on, and then you work through that." – Abel Pacheco
Connect with Abel on his website https://www.5tcre.com/ and book a Calendly meeting!
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://www.invictusmultifamily.com contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Today we are diving into how to make multifamily investing simple with our guest Gino Barbaro. Gino is the co-founder of the Jake & Gino community. In this episode, Gino breaks down what it takes to make multifamily investing simple. Establishing your core values and building a team-centered around it. Understanding the three pillars of real estate and implementing the buy right, manage right, finance right framework.
[00:01 – 06:36] Opening Segment
- We introduce and welcome guest, Gino Barbaro
- Gino breaks down how to make multifamily simple
- Buy right
- Manage right
- Finance right
- One plus one does not equal two when it comes to partnerships
[06:37 – 11:10] Partnerships Made Simple
- Gino talks about the DISC Assessment
[11:11 – 21:23] Limiting Beliefs
- How do you go from not being a systems person to a systems person?
- Gino shares how he wasn’t a systems person before and how he overcame it.
- Realized he needed to become a systems person
- Going out of your comfort zone
[21:24 – 27:18] Buy Right, Manage Right, Finance Right Made Simple
- Gino walks us through the three legs of the stool that holds the foundation of their real estate framework
- Buy right – figure out what’s your criteria for buying right
- Manage right – are you self-managing or hiring third-party property management?
- Finance right – choose the right type of financing for your deal
- The THREE pillars of real estate
- Market Cycle – know what part of the cycle you’re in
- Debt Component – what debt are you putting on?
- Exit Strategy – know how you’re getting out before you go in
- Look at every deal as a unique opportunity
[27:19 – 36:33] Closing Segment
- Gino’s investing tip
- Be wary of people telling you to invest in the long-term
- Are you working hard for money, or is your money working hard for you?
- Gino’s book recommendation
- Mindset by Carol Dweck
- Connect with Gino online! See the links below.
Tweetable Quotes:
“One plus one does not equal two when it comes to partnerships, and I think most people think that, yeah they think it’s, you know what, one dollar one dollar you get two dollars.” – Gino Barbaro
“Success is just continuing to try to do something and get better.” – Gino Barbaro
Connect with Gino through their website https://jakeandgino.com/, grab a copy of their book The Honey Bee. Check out their Youth Academy course.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://www.invictusmultifamily.com contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
If you've never passively invested in a syndication, then it can seem daunting your first go-around, and one of the things that might surprise you is just how quickly things start moving from the moment you receive a deal to the moment it closes.
Making sure you have all your ducks in a row before the moment a deal comes across your desk is critical.
In today's episode, we're taking a little of the anxiety you'll feel on your first deal out of the equation by talking through the exact syndication timeline and what you can expect at each phase.
Having a clear understanding of expectations will make passive investing in your first apartment syndication makes the whole process so much easier.
So let's dive in!
Resources Mentioned in Episode:
Financial Freedom Is Easier Than You Think Video
Interview with a Syndication Attorney
Vetting a Winning General Partner Made Simple
The Investment Package Made Simple
The One Thing - Gary Keller
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Multifamily Investing Made Simple Podcast
Also, if you wanna learn more about passive investing in apartment syndications, check out the free guide we put together over here: The Quickstart Guide to Passive Investing in Multifamily
WHO ARE WE?
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://www.invictusmultifamily.com contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https:
Review contest, through March
We've got an amazing interview this week with Jerome Myers of The Myers Development Group. Jerome is one of the straightest shooters in the game, and in this week's episode of Multifamily Investing Made Simple, he's taking aim at a couple commonly held myths within the multifamily investing space.
You're not going to want to miss this one.
Jerome Myers leads The Myers Development Group, LLC, which focuses on buying broken apartment building businesses and using innovative thinking and solid execution strategies to optimize the operational efficiency of the business.
Currently, Mr. Myers is asset manager for approximately 90 units and 90,000 square feet of workforce housing across Virginia and North Carolina and on a mission to hold 1,000 doors by the end of 2028. When not actively working on his personal portfolio he coaches other real estate investors on the Myers Methods of Multifamily Investing.
Outside of real estate Jerome hosts the DreamCatchers and Myers Methods presents Multifamily Missteps Podcast, volunteers on STEM (science, technology, engineering and math) boards and enjoys traveling internationally.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://www.invictusmultifamily.com contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Today we're fielding questions from you, the audience.
Join us as we explore questions such as:
- Should I get a mentor?
- How much is insurance on a 15-unit apartment building?
- Should I invest with a syndication group or on my own?
Resources
Too Big To Fail - Andrew Sorkin
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Multifamily Investing Made Simple Podcast
Also, if you wanna learn more about passive investing in apartment syndications, check out the free guide we put together over here: The Quickstart Guide to Passive Investing in Multifamily
*WHO ARE WE?
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zg
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
To learn more, visit us at: https://www.invictuscapitalventures.com
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://www.invictusmultifamily.com contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
We're firm believers that if you really want to do something, you should go find the people who are already doing that thing and learn from them.
Modeling the behavior of successful people is one of the most effective tools for fast-tracking your own progress.
If you've ever thought about passively investing in real estate (or have ever dreamed of living that full-time passive investor lifestyle), then tune into this week's conversation with Travis Watts who IS a full-time passive investor.
Travis is a wealth of knowledge and experience and a consummate giver. If you want to take your passive investing game to the next level, reach out Travis to learn from somebody living the passive life day-in, day-out.
Connect with Travis Here!
Download Travis' FREE guide: Understanding Real Estate Private Placements
Travis Watts is a full-time passive investor. He has been investing in real estate since 2009 in multi-family, single-family and vacation rentals. Travis is also the Director of Investor Relations at Ashcroft Capital.
Travis has invested in over 30 passive syndications between 14 different firms. Travis now dedicates his time to educating others in the world of investing and has made it his mission to share passive investment strategies in order to help others achieve and maintain wealth in real estate.
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Invictus Capital: https://bit.ly/2Lc0ctX
*WHO ARE WE?***
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
To learn more, visit us at: https://www.invictuscapitalventures.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictuscapitalventures.com/contact/
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and yo
Review contest, through March
Executing a cash-out refinance on a property is like adding jet fuel to your returns. It's one of the best ways to increase the velocity of your capital so each one of your dollars can go further, faster.
With that said, there are a few things to be on the lookout for 'cause not every deal is ideally positioned for a refinance.
In today's episode of Multifamily Investing Made Simple, we're simplifying the cash-out refinance. We're going to break this thing down into its simplest components so you understand clearly how all the disparate parts work together. Along the way, we'll also discuss many of the traps and mistakes operators often make when projecting returns based on a refinance.
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Invictus Capital: https://bit.ly/2Lc0ctX
*WHO ARE WE?***
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
To learn more, visit us at: https://www.invictuscapitalventures.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictuscapitalventures.com/contact/
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://www.invictusmultifamily.com contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
This week we're diving into what it takes to start up a real estate fund with Chris Salerno of QC Capital.
Chris believes investing in real estate is the best building block for financial freedom. He is a firm believer in affirmations exemplified by notes personally placed around every corner, which serve as a constant reminder that every day is special and that his life is purposeful.
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Invictus Capital: https://bit.ly/2Lc0ctX
*WHO ARE WE?***
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
To learn more, visit us at: https://www.invictuscapitalventures.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictuscapitalventures.com/contact/
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://www.invictusmultifamily.com contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
Buckle up and get ready for one wild ride as this week's guest, Charles Dobens, takes us on a deep dive of The Good, The Bad, and The Ugly of Multifamily Investing.
You're not gonna want to miss this one.
About CharlesCharles Dobens is the founder of the Multifamily Investing Academy and is TheMultifamilyAttorney.com. His law and consulting practice specializes in helping the new multifamily investor do this business RIGHT THE FIRST TIME
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Invictus Capital: https://bit.ly/2Lc0ctX
*WHO ARE WE?***
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
To learn more, visit us at: https://www.invictusmultifamily.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictuscapitalventures.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures
Review contest, through March
Today's guest proves the power of networking, partnerships, and tenacity.
Rising from Auto-Tech to Real Estate Exec, Nick Ameluxen managed to take down 200 units before turning 30.
In today's episode we're diving into Nick's story, the networking strategies he utilized to find his partner, and how he sources deals.
If you've ever worried about being too young, or inexperienced, or lacking capital, you'll want to give this episode a listen as Nick helps break down each of these limiting beliefs with simple, actionable advice you can start implementing today!
About Nick
Nick Ameluxen is a partner at Quantum Capital, a real estate investment firm focused on value-add multifamily assets in central, growing neighborhoods of major cities.
Get Ahold of Nick
nick@quantumcapitalinc.com
www.quantumcapitalinc.com
**Book recommendation
Shoe Dog** - Phil Knight
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Invictus Capital: https://bit.ly/2Lc0ctX
*WHO ARE WE?***
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
To learn more, visit us at: https://www.invictuscapitalventures.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictuscapitalventures.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
Review contest, through March
So you've decided to passively invest in an apartment syndication. Congratulations!
Now what?
After vetting potential deal sponsors, you'll start receiving investment offering packages which are high level marketing materials designed to highlight all the pros and cons of investing in a particular opportunity.
But how do you make heads-or-tails of this document?
No worries, in this week's episode of Multifamily Investing Made Simple, Anthony and Dan are taking the complexity out of the investment offering package.
They'll walk you through, step-by-step, what to look for in the package, which operator assumptions to challenge, and how to know if this is really a deal worth investing in.
Buckle up and let's start simplifying!
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Invictus Capital: https://bit.ly/2Lc0ctX
WHO ARE WE?
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
To learn more, visit us at: https://www.invictuscapitalventures.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictuscapitalventures.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
Review contest, through March
As a passive investor, one of the great things about apartment syndications is that they're regulated by the SEC.
This means extra-protection against would-be nefarious operators!
In this week's episode, we're joined by securities attorney, Zach Robins, and diving into the world of Private Placement Memorandums, Subscription Agreements, and all the fun legalese designed to protect your investment.
Many investors glaze over when it comes to the legal document, which is a mistake, but we understand why. In this episode, we're simplifying the whole process and breaking down exactly what to look out for so you can enter an apartment syndication with confidence.
You're not going to want to miss this episode!
Zach Robins is a partner at Messerli Kramer. He practices law in the areas of securities, real estate corporate, M&A and regulated industries.
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Invictus Capital: https://bit.ly/2Lc0ctX
WHO ARE WE?
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
To learn more, visit us at: https://www.invictuscapitalventures.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictuscapitalventures.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
Review contest, through March
Today we're fielding some of the most commonly asked questions we hear from new investors.
What is an apartment syndication?
Where do I find apartment syndication opportunities?
Where do I find the money?
What sorts of returns should I expect?
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Multifamily Investing Made Simple Podcast
Also, if you wanna learn more about passive investing in apartment syndications, check out the free guide we put together over here: The Quickstart Guide to Passive Investing in Multifamily
WHO ARE WE?
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
To learn more, visit us at: https://www.invictuscapitalventures.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictuscapitalventures.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0c
Review contest, through March
Pairing the right debt to the right deal is absolutely crucial.
In this week's episode, we're tackling one of the most complicated aspects of multifamily investing: The Debt.
Join us as we debunk the myth of "debt is evil!" while simplifying all the terms and jargon you'll find when you go to the bank for financing so you can be certain you've got the right debt for your deal.
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Multifamily Investing Made Simple Podcast
Also, if you wanna learn more about passive investing in apartment syndications, check out the free guide we put together over here: The Quickstart Guide to Passive Investing in Multifamily
WHO ARE WE?
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
To learn more, visit us at: https://www.invictuscapitalventures.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictuscapitalventures.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0c
Review contest, through March
It's the most powerful part of value-add multifamily... the ability to force appreciation!
In this week's episode, Anthony and Dan discuss all the ways to increase a property's value by increasing revenue and decreasing expenses.
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Multifamily Investing Made Simple Podcast
Also, if you wanna learn more about passive investing in apartment syndications, check out the free guide we put together over here: The Quickstart Guide to Passive Investing in Multifamily
WHO ARE WE?
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
To learn more, visit us at: https://www.invictuscapitalventures.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictuscapitalventures.com/contact/
Let’s Connect On Social Media!
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
YouTube: https://bit.ly/2Lc0ctX
Review contest, through March
If you want to go fast, go alone. If you want to go far, go together.
Multifamily investing is without a doubt a team game, so make sure you surround yourself with excellent people.
But where, and how, do you meet fellow investors?
That's where networking comes in.
Whether you're hitting up the local meet-up, chatting with other professionals on LinkedIn, or attending all the big conferences, you should always be actively growing your network cause you just never know when that next relationship could make all the difference.
In this week's episode, we're simplifying the world of networking so that you can get the absolute most out every event, webinar, or email. We're covering many of the do's and DO-NOTS of networking, so bucket up and let's get to it!
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Invictus Capital: https://bit.ly/2Lc0ctX
WHO ARE WE?
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
To learn more, visit us at: https://www.invictuscapitalventures.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictuscapitalventures.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
Podcast: Multifamily Investing Made Simple
Review contest, through March
You've got your first apartment building under contract, now what?
Time for due diligence, baby!
We're back at it this week in part two of the two-part due diligence series. This time we're covering physical due diligence.
Let's get into each unit with our contractors, architects, appraisers and the like to make sure we know exactly what's behind every single door in that complex.
We're going to leave no stone unturned to make sure no cracked foundation, leaking roof, or busted pipe are waiting like a ticking time bomb for closing.
Whether you're an active or passive investor, you've absolutely got to have a handle on what goes into due diligence.
Let's get started!
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Invictus Capital: https://bit.ly/2Lc0ctX
WHO ARE WE?
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
To learn more, visit us at: https://www.invictuscapitalventures.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictuscapitalventures.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
Podcast: Multifamily Investing Made Simple
Review contest, through March
You've got your first apartment building under contract, now what?
Time for due diligence, baby!
This is a big topic so we're breaking it into two episodes. This week we're simplifying the world of financial due diligence. That is, how do we sharpen our underwriting, audit rent rolls and past financials, and make sure there are no surprises waiting for us on the day of closing.
Whether you're an active or passive investor, you've absolutely got to have a handle on what goes into due diligence.
Let's get started!
Book Recommendation: Never Split The Difference - Chris Voss
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Invictus Capital: https://bit.ly/2Lc0ctX
WHO ARE WE?
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
To learn more, visit us at: https://www.invictuscapitalventures.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictuscapitalventures.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
Podcast: Multifamily Investing Made Simpl
Review contest, through March
Real Estate is all about location, location, location.
Join us in this week's episode as we break down the Economic, Regulatory, and Local factors to consider when you're evaluating a particular market.
A great episode for active and passive investors alike as we share some powerful resources to help you quickly and confidently analyze potential markets and neighborhoods to invest in.
Resources Mentioned in EpisodeIRR Viewpoint Report
Millken Best Cities Report
Marcus and Millichap Report
FFIEC
city-data.com
Google.com
Book Recommendation of the WeekThe World Needs Your F*cking Ideas: How to Start a Business That Will Save Our Universe - Benjamin Vandenwymelenberg
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Invictus Capital: https://bit.ly/2Lc0ctX
WHO ARE WE?
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
To learn more, visit us at: https://www.invictuscapitalventures.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictuscapitalventures.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
Podcast: Multifamily Investing Made Simple
Review contest, through March
Everybody's got a crazy Uncle Bob who lost their shirt investing in real estate, right?
As a consequence, everybody thinks real estate investing is risky, right?
Well, that's what a lot of people say, but how true is it really?
In this week's episode, we're debunking some of the most commonly held myths by new and experienced investors alike.
Book Recommendation of the WeekTraction - Gino Wickman
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Invictus Capital: https://bit.ly/2Lc0ctX
WHO ARE WE?
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
To learn more, visit us at: https://www.invictuscapitalventures.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictuscapitalventures.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
Podcast: Multifamily Investing Made Simple
Review contest, through March
Did you know you can roll your old 401(k) or IRA funds into a Self-Directed IRA and invest in Alpacas, Crypts, and Real Estate?
Okay, maybe you're not so interested in Alpacas and crypts, but real estate is one of the best investment vehicles out there with a risk profile on par with Government Bonds and returns superior to the stock market.
In a very real sense, it's the best of all worlds.
The problem for a lot of people is they don't just have a spare $50,000 laying around to invest in a syndication.
Or do they?
In this past week's Multifamily Investing Made Simple, we sit down with Scott Maurer of Advanta IRA to talk about redirecting your retirement funds from the stock market and into alternative investment vehicles (like Real Estate!) through the awesome Self-Directed IRA.
About Scott
Scott Maurer has worked for Advanta IRA since February of 2006, and serves as the Director of Business Development, presenting various seminars, webinars, and educating the public on the intricacies of self-directed IRA investing.
Additionally, Scott also has assisted numerous clients with investments using their self-directed IRA accounts, and is very familiar with the process involved for all types of investments.
Scott is also a licensed attorney, having graduated from the University of Florida Law School in 2005.
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Invictus Capital: https://bit.ly/2Lc0ctX
WHO ARE WE?
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
To learn more, visit us at: https://www.invictuscapitalventures.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictuscapitalventures.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
Podcast: Multifamily Investing Made Simple
Review contest, through March
There can be a lot of math and numbers and metrics in real estate investing. It's enough to make your head swirl. Many people just throw their hands up in despair, thinking it's too complicated, and they retreat to the relative comfort of their "financial advisor".
This is a losing strategy.
And it's all made possible because of the sheer amount of "noise" out there about what makes for a good investment.
In this week's episode, we're going to simplify 3 of the key metrics (and 1 important term) every passive investor should know.
Armed with a deeper understanding of Cash on Cash Return, Internal Rate of Return, Equity Multiple, and Preferred Return, you're gonna be able to tell if an investment opportunity aligns with your personal investment criteria.
All without having to do excessively complicated math.
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Invictus Capital: https://bit.ly/2Lc0ctX
WHO ARE WE?
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
To learn more, visit us at: https://www.invictuscapitalventures.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictuscapitalventures.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
Podcast: Multifamily Investing Made Simple
Review contest, through March
There's a lot of ways to make money investing in real estate, but this week we're talking through the five reasons we love Apartments the most!
1) Stability
Stability means two things: First is the constant demand. People always need a place to live. The second form of stability comes in valuation. Because apartments valuation is largely derived from Net Operating Income, your ability to operate an efficient asset dictates the property's underlying value.
2) High Risk Adjusted Return
Thomson Reuters measured 7 different assets between 1993-2013, and found real estate provided returns equal to stocks (which doesn't take into consideration the tax benefits of real estate) with a risk profile equal to government bonds.
3) Control
A month ago all the money I'd put into the stock market lost about 20% of its value. At our multifamily properties, we've been able to cut unnecessary spending, communicate openly with our tenants about programs open to them should they be struggling and out of work, and in the end, we've mitigated our losses.
4) Cashflow
Monthly cashflow distributions means supplemental income for living expenses, vacations, and reinvestment!
5) Tax Benefits
Through the magic of depreciation and 1031 Exchanges, kicking the tax liability can down the road has never been easier.
Book Recommendation of the Week:The Book on Managing Rental Properties - Brandon and Heather Turner
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Invictus Capital: https://bit.ly/2Lc0ctX
WHO ARE WE?
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
To learn more, visit us at: https://www.invictuscapitalventures.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictuscapitalventures.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
Podcast: Multifamily Investing Made Simple
Review contest, through March
"Follow the money to understand how the other side is compensated and you'll gain priceless insight into their motivations."
In this week's episode of Multifamily Investing Made Simple, we're simplifying the world of apartment syndication fees.
Active and Passive Investors alike need to firmly understand a syndication's fee structure to make sure nobody's getting taken advantage of.
To that end, we're discussing some of the most common fees (acquisition, disposition, asset management), why they exist, how the right fee structure can make or break a deal, and some general rules of thumb to know if the fees are too high (or too LOW!).
Book Recommendation of the Week: Shoe Dog by Phil Knight
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Invictus Capital: https://bit.ly/2Lc0ctX
WHO ARE WE?
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
To learn more, visit us at: https://www.invictuscapitalventures.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictuscapitalventures.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
Podcast: Multifamily Investing Made Simple
Review contest, through March
Passive investing in apartment syndications is great, but it's not without work.
Successful passive investors must perform two critical jobs:
1) Vet a winning General Partner
2) Analyze and fund potential deals
Most people jump straight to analyzing deals, but that's the wrong approach.
The most important first step is to find a General Partner you know, like, and trust with a successful track record, alignment of interest, and similar goals.
That's not a terribly easy task, but it doesn't have to be complicated.
Join us in this week's episode as Anthony and Dan discuss what to look for in a potential GP, what questions to ask, and how to know they're a good fit for you.
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Invictus Capital: https://bit.ly/2Lc0ctX
WHO ARE WE?
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
To learn more, visit us at: https://www.invictuscapitalventures.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictuscapitalventures.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
Podcast: Multifamily Investing Made Simple
Review contest, through March
What are your investment goals?
Are you saving for a wedding in 6 months? Or maybe you want to buy a vacation home within the next 5 years. Then again, if you're like most of us, maybe you're thinking about retirement.
Depending on where you're at in your financial journey, you might value quick cash more than tax benefits. You might be young and willing to take more risks than if you were within spitting distance of retirement.
Regardlesss of your goal and where you're starting, we're big fans of starting with the end in mind and then working back to the beginning to create a plan of action.
In this week's episode, we're talking through different investment personalities, goals, and asset classes to help simplify your real estate investing journey.
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Invictus Capital: https://bit.ly/2Lc0ctX
WHO ARE WE?
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
To learn more, visit us at: https://www.invictuscapitalventures.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictuscapitalventures.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
Podcast: Multifamily Investing Made Simple
Review contest, through March
What exactly is an apartment syndication and why is it such a fantastic investment vehicle?
In today's episode, we're taking the complexity out of apartment syndications. By the end, you're going to understand how a syndication is structured, why it's structured that way, and why this particular investment model is just so darn powerful.
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Invictus Capital: https://bit.ly/2Lc0ctX
WHO ARE WE?
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
To learn more, visit us at: https://www.invictuscapitalventures.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictuscapitalventures.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
Podcast: Multifamily Investing Made Simple
Review contest, through March
Welcome to Episode #1 of the Multifamily Investing Made Simple Podcast, the show that's all about taking the complexity out of real estate investing so you can start taking action today!
We're your hosts, Anthony Vicino and Dan Krueger, with Invictus Capital and today we're answering the question: How did we get started in real estate?
Whether you're new to investing or you already control a small empire, stop in and listen to today's episode and learn about why Dan chose to go big on his first deal, why Anthony hated hearing his triplex had gained $125,000 in value in only 9 months, and how the two of them came together to syndicate their first apartment complex.
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Invictus Capital: https://bit.ly/2Lc0ctX
WHO ARE WE?
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is… MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
To learn more, visit us at: https://www.invictuscapitalventures.com
Want to learn more about investing with us?
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictuscapitalventures.com/contact/
*Let’s Connect On Social Media!*
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/invictuscapitalventures/
Podcast: Multifamily Investing Made Simple
Review contest, through March