Small Axe Podcast: Recent Episodes
Nico Salgado
This Podcast focuses on sharpening the tools and skills we currently work with to buy multifamily real estate and create generational wealth for our families. We will be talking to leaders in multifamily and business to learn the methods they've used and the obstacles they had to overcome when creating lasting wealth
Everyone’s nervous. Rates are high, the news is loud, and most investors are sitting on the sidelines. But I’m still buying.
In this episode, I break down exactly why multifamily still makes sense in 2025—and why fear-driven inaction is costing people the opportunity of a lifetime.
Here’s what you’ll get:
- Why I’m actively closing deals this year (with no outside capital)
- The real math behind today’s market
- What most people don’t understand about how wealth is created
- Why motivated sellers and creative financing are back
- What makes multifamily the most durable asset class—period
If you’ve been waiting for the “right time” to get into multifamily, let me be clear: that time doesn’t exist.
But smart investors learn to play the market they’re in.
Tune in and start thinking like an operator.
Think you know how to underwrite? Think again.
In Episode 253, I’m breaking down the real fundamentals of multifamily underwriting—what actually matters, what most people miss, and how to stop being emotional and start being objective.
You’ll learn:
- The key metrics that matter most (and why)
- How to build a realistic pro forma (not just a fairy tale)
- Why most deals don’t pencil—and how to spot the ones that do
- How I underwrite deals using my own proprietary model
Whether you’re still fumbling with napkin math or already analyzing deals weekly, this episode will sharpen your underwriting game—fast.
💻 Want my free Credibility Kit? Go to www.smallaxecommunities.com
And my deal analyzer will be there too! If it's not ready for some reason, DM me and I will send you a Beta version!
🪓 Let’s sharpen your axe together.
In today’s episode, I get real about what it actually looks like to build a multifamily investing business from scratch.
✅ No fluff. ✅ No overnight success stories. ✅ Just the honest truth about the grind, the fees, and why I’m still in the game—despite not being financially free (yet).
You’ll learn:
- Why I thought I’d be rich in a year... and what really happened
- The difference between active and passive investing (this is huge)
- Why you need to know your “why” before diving in
- What to expect if you're starting with no money
If you’re serious about investing, don’t miss this one.
🎁 Grab my free Credibility Kit for new investors 👉 smallaxecommunities.com
📩 Want personal help getting started? DM me or reach out through the site. I still offer free intro calls—but not for long.
In today’s raw and real episode, Nico gets straight to the truth: you’re never going to feel “ready.” But guess what? Readiness is a lie. The ones who win aren’t the smartest—they’re the most coachable.
Nico shares why coachability, not perfection, has been his superpower in building a multifamily portfolio from zero to 76 units. You’ll hear about surfing lessons, real estate mistakes, ego traps, and what it really takes to build a life on your own terms.
If you’ve been waiting for the perfect moment… this episode is your wake-up call. Paddle in, even if you’re scared. Especially if you’re scared.
👊 Action cures fear. 🏄 Coachability builds empires. 🔥 It's your time.
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👉 Want a credibility kit to help you start making offers? Download it at www.smallaxecommunities.com
🎯 DM Nico @smallaxecommunities with your biggest takeaway or action you're taking today!
Are you still dreaming about closing your first multifamily deal… but haven’t pulled the trigger yet?
In this solo episode, Nico issues a direct challenge: get a deal under contract THIS WEEK. Whether you're brand new or already analyzing deals, this is your tactical blueprint to stop hesitating and start executing.
In this episode, you'll learn: – Why imperfect action beats waiting for perfect timing – How to identify and underwrite 5–20 real deals TODAY – Scripts to engage brokers and unlock pocket listings – How to confidently submit 3+ LOIs—even as a beginner – Creative terms that win deals without raising your price – Due diligence tips to protect your money and your sanity
🔥 This isn’t theory. It’s your week to take a real swing.
👉 Grab the free Credibility Kit for brokers: smallaxecommunities.com/credibilitykit
🎧 Join the Small Axe community → smallaxecommunities.com
"Off-market" sounds like a guaranteed win, right? Wrong.
In this episode, Nico Salgado blows up the hype around off-market deals—and reveals the brutal truth: just because a deal is off-market doesn’t mean it's a good deal. In fact, it might be garbage nobody else wanted.
Learn how to filter the real opportunities from the fake ones, survive the FOMO traps, and build your empire on cash flow—not broker fairy tales.
✅ Inside this episode:
- Why most "off-market" deals are just marketing ploys
- How to spot real seller motivation (and why it matters)
- How to stress-test every deal BEFORE you waste time or money
- Why relationships—not email blasts—get you true off-market wins
- How to stay sharp, stay patient, and buy real assets—not hype
Off-market is just a headline. Cash flow, equity growth, and risk management are the real story.
Value-add sounds sexy… until it eats you alive. In this episode, Nico Salgado exposes the brutal reality behind those hyped-up "value-add" deals. From contractor nightmares to tenant drama, blown timelines to CapEx catastrophes — value-add isn't just paint and granite countertops. It's chaos, leadership, cash reserves, and grit.
Learn what it really takes to survive and thrive in the value-add game without getting crushed.
✅ Inside this episode:
- Why most value-add budgets are complete fantasy
- How to spot contractor red flags before they wreck your project
- The hidden risks of tenant turnover (and how to manage them)
- Why patience reserves are just as important as cash reserves
- How to build real equity without losing your mind (or your shirt)
Stop believing the gurus. Start building like a real empire maker.
You’ve been lied to about cap rates. Brokers flash shiny cap rates in your face — but behind the scenes? Fake numbers, hidden expenses, and looming CapEx tsunamis. In this episode, Nico breaks down why cap rates mean nothing without context, how to spot broker tricks, and what REALLY matters when buying multifamily deals. Stop chasing fantasy returns — start underwriting like a pro. Stay sharp, stay dangerous, stay Small Axe strong.
You don’t need deep pockets, fancy credentials, or a family legacy in real estate to get into the game. What you do need? Hustle, grit, and the mindset to earn your seat at the table.
In this episode, Nico breaks down exactly how he started from zero—no capital, no track record—and earned equity in multifamily deals using nothing but sweat equity and strategy.
🚀 How to get brokers to take you seriously 💰 How to structure equity deals without using your own money 🧠 The mindset shift from “I need money” to “I need a plan” 🔥 What value YOU can bring (even if you're broke)
This one’s for the scrappy ones. The late-night grinders. The future empire builders with no excuses left.
Get locked in ! -
📍 Website → www.smallaxecommunities.com 📍 Podcast on Apple → https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543 📍 YouTube Channel → https://www.youtube.com/@nicosalgado1753 📍 Instagram → @_nico_salgado 📍 LinkedIn → https://www.linkedin.com/in/nicosalgado456/ 📍 Multifamily Credibility Kit → https://smallaxecommunities.com
📍Facebook - https://www.facebook.com/nicosalgado456/
Most people think real estate is a shortcut to sipping drinks on a beach. But unless you’re coming in with a few million to deploy, this game ain’t passive—it’s a grind. In this solo episode, Nico pulls back the curtain on what it really takes to succeed in multifamily real estate: the lawsuits, the tenant drama, the all-nighters, and the long-haul strategy that builds real wealth.
If you're serious about investing—without the sugarcoating—this one’s for you.
🔥 Learn how investors actually get paid 🧱 Understand the difference between active vs. passive 📉 Why syndication returns aren’t guaranteed 🧠 Why mindset (and timeline) is everything
Whether you're broke and hungry or sitting on stacks, this episode will show you which game you're really playing.
Think managing your own rentals is saving you money? Think again. In this raw, no-holds-barred episode, Nico pulls back the curtain on third-party property management—and why it can be the key to scaling your multifamily business or the trapdoor that kills your cash flow.
Whether you own 10 units or 100, this episode is packed with hard-won insights on:
✅ The real cost of self-management ✅ When to outsource and when to go in-house ✅ EXACTLY what to ask when interviewing a property manager ✅ Red flags to watch out for before it’s too late ✅ How to set KPIs, enforce accountability, and protect your NOI ✅ The truth about tenant screening, leasing efficiency, and turn costs
If you’re ready to build an empire—not babysit toilets—this is your tactical guide to finding, vetting, and partnering with the kind of property manager who thinks like an asset manager.
This episode is real talk from someone in the trenches, not fluff from the sidelines.
📢 Quote of the episode: "You don’t build empires by fixing toilets—you build empires by building systems, teams, and partnerships."
Resources Mentioned:
- AppFolio Property Management Software
- Obligo (Security Deposit Alternative)
- KPI Tracking for Property Managers
- Questions to Ask Before Hiring a PM
- Nico’s Credibility Kit ➜ www.smallaxecommunities.com
🎯 Want more real estate truth bombs? Subscribe to The Small Axe Podcast and never miss an episode that helps you grow your portfolio, your income, and your freedom.
$60,000 lost before. $20,000 on the line again.
One investor bailed. Another hesitated. My lender dragged their feet. And I signed the closing documents while waiting tables at my second job—between orders and clearing tables.
This is the final chapter in the raw, chaotic, and very real story of how I closed on a 6-unit apartment building—juggling three jobs, a full family life, and relentless stress.
Inside this episode:
· How I negotiated $50K off the purchase price
· Why I went with hard money (and what it cost me)
· How I raised $150K in 5 days after my main investor bailed
· What it really feels like to bet everything—and almost lose
If you’re waiting for perfect timing, stop. Deals don’t die—people quit.
🎯 Want to know what it actually takes to get deals done in 2025? Hit play. Take notes. Then go swing your ax.
👉 Want to invest with me? DM me. Let’s build something real.
🔗 www.smallaxecommunities.com
#SmallAxePodcast #MultifamilyRealEstate #RealEstateInvestor #CashFlow #PassiveIncome #NoExcuses #CloseTheDeal #HardMoneyHustle #SignedWhileWorking #RealEstateFlip #BuildLegacy
Struggling to get brokers and sellers to take you seriously? You’re not alone. The #1 challenge for new (and even experienced) multifamily investors isn’t just finding deals—it’s proving you’re a closer. That’s where a Credibility Kitcomes in.
In today’s episode, I’m breaking down: ✅ What a Credibility Kit is and why it’s a game-changer for real estate investors ✅ How to build one in less than a day (even if you’re brand new) ✅ The key components that make brokers instantly take you seriously ✅ How to use it to get brokers, sellers, and investors to engage with you ✅ Pro-level strategies for standing out—even in a competitive market
🔥 Download My FREE Multifamily Credibility Kit and start locking in deals today 👉 www.smallaxecommunities.com
⚡ STOP getting ignored. START getting respect. This is the investor’s secret weapon—don’t miss this episode!
🎧 Listen now and take action! Let’s sharpen that axe and get to work. 🪓💥
🚀 The Tiny Wins That Build Big Multifamily Fortunes 🚀
Most people think success in multifamily real estate comes from one massive deal—but that’s a lie. The truth? It’s built on small, repeatable wins that stack over time until you become an unstoppable force.
In this episode, I break down the tiny wins that move the needle and how you can leverage them to explode your investing game.
🔥 What You’ll Learn Today: ✅ How to get brokers to actually call you back (and why most investors fail at this) ✅ The underwriting habit that separates real closers from wannabes ✅ How to negotiate terms that beat price (even when you don’t win the deal) ✅ Why managing a tough property is the best education you’ll ever get ✅ The real reason most investors never make it—and how to avoid their fate
This is the raw truth about success in multifamily investing—no fluff, no shortcuts, just real tactics that work.
📢 DON’T MISS THIS: If you’re ready to level up your investing game, grab my FREE Multifamily Credibility Kit at www.smallaxecommunities.com. It’s your key to getting brokers to take you seriously starting today!
⚡ Now get out there, stack those wins, and build your fortune. Keep sharpening that axe! 🪓💥
Winning in multifamily isn’t about luck—it’s about strategy, mindset, and execution. The best investors don’t just buy properties; they build legacies.
In today’s episode, I’m breaking down 4 power moves that separate the real players from the amateurs in multifamily real estate. Whether you're a new investor looking to land your first deal or a seasoned pro trying to navigate this shifting market, these strategies will give you the edge you need.
Here’s what you’ll learn: ✅ Mastering the Art of the Deal – Why the best investors create opportunities instead of chasing them. ✅ Building a Network That Moves Mountains – How to leverage relationships to accelerate your success. ✅ Taking Action Before You Feel Ready – Why waiting will kill your momentum (and how to avoid it). ✅ Playing the Long Game – The real secret to compounding wealth and lasting success in multifamily real estate.
💡 Bonus: I also share a hard lesson from a $60,000 mistake, and why it was one of the best investments in my education.
📢 FREE RESOURCE: Grab my Multifamily Credibility Kit – it’s packed with everything you need to talk to brokers, send offers, and establish instant credibility in this game. 👉 www.smallaxecommunities.com
👊 Let’s connect! DM me your biggest takeaway from this episode on Instagram or LinkedIn!
💬 Follow & Subscribe for More: 🔹 Apple Podcasts | Spotify | YouTube | www.smallaxecommunities.com
🎧 Listen Now & Level Up Your Multifamily Game!
Episode 239: We Risked $15K to Save $50K – The High-Stakes Battle to Close Our 6-Unit Deal (Part 2) What really happens behind the scenes of a multifamily deal before the closing table? Spoiler: it’s never smooth.
In this episode, I’m giving you the raw, unfiltered update on our 6-unit acquisition in Plant City, Florida. We’re still under contract, but it’s been a rollercoaster of tight deadlines, surprise negotiations, seller drama, and serious money on the line.
✅ How we secured a $50K seller credit ✅ Why we risked $15K of earnest money ✅ The panic moments (yes, I lost sleep) ✅ Our financing strategy using hard money ✅ The creative moves that kept this deal alive
We’re not at the finish line yet—closing is set for March 18th—but this is the kind of real, behind-the-scenes insight that most investors won’t share.
If you’ve ever wondered what it really takes to get deals done in today’s market, this episode is for you.
🎧 Listen now and stay tuned for Part 3, where I’ll break down how (and if!) we finally closed this thing.
👉 Also, don’t forget to grab your FREE Multifamily Credibility Kit at www.smallaxecommunities.com to help you lock down your own deals.
So, you’ve decided you want to be a multifamily real estate investor—but now what? Feeling stuck because you don’t have a business name, logo, or email signature? Overwhelmed by the back-end setup that no one talks about?
In this episode, I break down the exact steps you need to take to launch your real estate investing brand the right way—fast. From choosing between a personal brand vs. company name, to setting up your logo, email signature, and social media presence, I’ll walk you through everything you need to start taking action today.
🔥 You’ll Learn: ✔️ The first decision every investor needs to make (personal brand vs. business name) ✔️ How to get a professional logo & branding palette on a budget ✔️ The secret to creating an email signature that builds credibility ✔️ Social media templates that make posting fast & effortless ✔️ Why you don’t need an LLC to start investing (and when you do) ✔️ How to position yourself as a serious investor from Day 1
🔗 Free Resource: Download my Multifamily Credibility Kit → [Insert Link]
🚀 Ready to take action? Visit SmallAxeCommunities.com for more tools, courses, and my free deal analyzer.
🎧 Subscribe & Review: If you found this episode helpful, please share it with a friend and leave a review! Your support helps spread the knowledge and build a community of action-takers.
Nobody sees the hours you put in—the late nights, the early mornings, the deals that slip away. But this is the game, and if you're in it, you already know: multifamily real estate investing is a battle won by those who refuse to quit.
In this raw, no-script episode, I break down: ✅ The 10 offers I submitted this week—and why only one got accepted ✅ How to structure deals, raise capital, and negotiate like a pro ✅ The real mindset it takes to survive and thrive in this game ✅ Why networking, relentless outreach, and smart underwriting separate winners from dreamers
💡 Whether you're grinding behind the scenes or still trying to land your first deal, this episode is your wake-up call to keep pushing forward.
⚒️ Download my FREE Multifamily Credibility Kit to get brokers’ attention & fast-track your success 👉 SmallAxeCommunities.com
📢 If this episode hit home, do me a favor: 👉 Like, Subscribe & Leave a Review (I'm chasing 100 reviews—help me get there!) 👉 Share this episode with a fellow investor who needs to hear this
🚀 Let’s sharpen those axes and go close some deals!
The multifamily investing game has changed dramatically over the past few years, and 2025 is no exception. With interest rates still high, cap rates adjusting, and investors on the sidelines, how do you find real opportunities in today’s market?
In this episode of The Small Axe Podcast, I’m breaking down the exact strategies smart investors are using to navigate the shifting landscape. If you’re serious about building wealth through multifamily real estate, you need to understand where the deals are happening and how to structure them for success.
🚀 What You’ll Learn in Today’s Episode: ✅ Interest rates & lending conditions – Why financing is tougher and how to adapt. ✅ Cap rates & valuations – How today’s numbers compare to the crazy 2021-22 market. ✅ Best markets for multifamily investing in 2025 – Where people are moving & where demand is strong. ✅ Off-market deal flow – How to find undervalued properties while others wait on the sidelines. ✅ Creative financing strategies – Seller financing, assumable loans & structuring deals with minimal capital. ✅ Why cash flow is king – The biggest mistake investors are making in today’s market.
💡 Key Takeaway: Multifamily investing isn’t dead—it’s just different. Those who adapt will win.
🔥 Exclusive Free Resource: If you’re looking to level up your credibility with brokers and investors, grab my FREE Multifamily Credibility Kit – Download it now at www.smallaxecommunities.com.
📩 Connect with Me: Instagram: @smallaxecommunity LinkedIn: Nico Salgado YouTube: Small Axe Communities
🎧 Don’t Miss an Episode! If you love the show, please subscribe, leave a review, and share it with a fellow investor who needs to hear this. Let’s keep chopping away!
👉 Listen Now & Start Taking Action!
Multifamily real estate can build wealth—but it can also break you. In this episode, I pull back the curtain on the side of investing that no one talks about.
You see all the wins on social media—big deals, massive cash flow, financial freedom—but what about the challenges? The long hours, the financial risks, the emotional rollercoaster? If you’re thinking about getting into multifamily, you NEED to hear this first.
I dive into: ✅ The real costs of investing—time, money, and credibility ✅ Why “no money, no problem” is misleading ✅ The truth about syndications, JVs, and creative financing ✅ Broker and seller games that can derail your deals ✅ The emotional toll of investing and how to survive it
This game isn’t for everyone. But if you’re serious about making it work, I’ll tell you exactly what it takes.
🔗 Grab my Broker Credibility Kit and other free resources: SmallAxeCommunities.com
🎧 Listen now and sharpen your axe!
Are you ready to fast-track your multifamily investing success? In this episode, I’m sharing 10 game-changing lessonslearned from years of real estate investing—hard-won insights that can save you time, money, and stress.
Discover why relationships matter more than transactions, how to avoid underwriting pitfalls, the importance of niching down into one market, and the systems that make scaling your real estate business possible. Whether you're just starting out or scaling up, these actionable tips will help you avoid costly mistakes and build a legacy beyond wealth.
💡 What you’ll learn:
- How to quickly know if a deal is worth a deeper dive.
- The hidden costs of turnover—and how to reduce them.
- Why happy tenants equal higher profits.
- The mindset shift that separates casual investors from empire builders.
Take one actionable step today to sharpen your small axe—because small axes build lasting empires.
🎙️ Subscribe, share, and leave a review to help more listeners build their multifamily investing empires. Visit SmallAxeCommunities.com for resources and tools!
In this eye-opening episode of the Small Axe Podcast, we dive into a critical question shaking up the multifamily real estate market: Who’s buying that deal?
Too many inexperienced buyers are overpaying for properties, inflating prices, and creating challenges for serious operators. But don’t worry—we’re breaking it all down for you.
Here’s what you’ll learn in this episode: ✅ The key players in the multifamily market—from institutional buyers to mom-and-pop investors. ✅ How risky and uninformed buyers are driving price inflation and creating market instability. ✅ Why staying disciplined, educated, and focused on fundamentals is the ultimate competitive edge. ✅ The importance of mastering underwriting and building credibility with brokers. ✅ How to stand out in a crowded market and build sustainable wealth.
🎯 Plus, I’ll introduce you to my Multifamily Credibility Kit—the ultimate resource for new and experienced investors to establish trust, navigate deals, and succeed in this competitive space.
Whether you’re a seasoned operator or a first-time investor, this episode is packed with actionable insights to help you succeed without falling into the common traps plaguing today’s market.
🔥 Don’t miss this one! Hit play and let’s sharpen your small axe to build a lasting empire.
👉 Visit Small Axe Communities to grab your free Multifamily Credibility Kit and start building your path to success today!
In this episode of the Small Axe Podcast, Nico dives deep into the harsh realities of multifamily real estate investing. Spoiler alert: this game is not for the faint of heart. Nico shares his personal journey, including his $60,000 loss, and the hard-earned lessons that have shaped his approach to this grueling yet rewarding path.
Discover:
- Why multifamily investing is a long-term wealth-building vehicle, not a get-rich-quick scheme.
- The grit and discipline it takes to compete in the multifamily space.
- How to structure syndications, roll acquisition fees into deals, and build equity from scratch.
- The importance of education, networking, and assembling a team with complementary skill sets.
- What it really takes to achieve financial freedom through multifamily investments.
If you’re willing to put in the work, endure setbacks, and play the long game, this episode will inspire you to keep swinging your axe every day.
Connect with Nico: DM him on Instagram or Facebook, or visit smallaxecommunities.com. If you enjoyed this episode, share it with a friend and leave a review!
Ever felt like you had to tackle massive real estate deals alone? I’ve been there. In this episode, I share the story of how I nearly took on a $20 million project solo—and why that was almost a disaster. 🏗️
I dive deep into the lessons that saved me from making costly mistakes, showing how shifting from a scarcity mindset to one of abundance and collaboration transformed my journey. 🚀
You’ll learn: 🔑 Why trying to do everything solo can hold you back 🤝 How partnering with the right people accelerates growth 💡 Steps to overcome limiting beliefs and develop a wealth-building mindset 🏆 The power of sharing deals, seeking mentors, and leveraging mastermind communities
Plus, I’m laying out a 30-day mindset challenge designed to help you crush self-doubt and start thinking like a top-tier investor immediately.
If you’re ready to stop playing small and start attracting the right deals, partnerships, and capital—this episode is for you. Let's break through those mental barriers and get after it!
👉 DM me on Instagram or Facebook and tell me about your biggest limiting belief. Let’s tackle it together.
🎧 Tune in now and sharpen your axe!
Still waiting for the "perfect time" to invest in multifamily real estate? 🚫 Stop waiting – start building wealth now! In Episode 230, Nico unpacks why 2025 is your breakthrough year for real estate investing. Learn why inaction is your biggest financial risk and how to overcome the fear that holds so many back.
🎯 In this episode, you’ll discover:
- Why waiting for the “right deal” could cost you years of growth
- How to start small – duplexes, triplexes, and house hacks
- How to build equity with zero to little money through syndications and partnerships
- The secrets to financial freedom through multifamily real estate
🚀 Whether you’re a beginner investor or ready to scale your portfolio, this episode delivers the strategies and mindset shifts you need. 2025 is yours – take action and create the life you deserve.
👉 Hit play now and let’s make 2025 your most profitable year yet!
Keywords to add for SEO (if applicable): Multifamily investing, real estate investing podcast, passive income, real estate syndication, financial freedom, cash flow properties, first-time investor, wealth building, multifamily apartment deals, start investing in real estate.
Description: Florida’s real estate boom isn’t slowing down, but the biggest opportunities aren’t where you think. In this episode, I dive into why secondary markets like Lakeland are quietly outpacing the big cities. With rising rents, population growth, and new job opportunities, Lakeland is becoming a key hub for investors looking to stay ahead of the curve.
👉 Why Tampa and Orlando may have hit their peaks – and how Lakeland is benefitting 👉 How rent growth, population influx, and job expansion are driving value 👉 The impact of the I-4 Corridor and future developments like SunRail 👉 Why NOW is the time to invest – before the next undersupply cycle hits
Whether you’re already investing in Florida or just curious about emerging markets, this episode breaks down the key strategies and insights you need to know for 2025 and beyond.
💼 Don’t sit on the sidelines. If you’re ready to take action or want to partner with someone who knows the market, this one’s for you.
🎙️ Episode 228: Raising a Legacy - Instilling Wealth, Mindset, and Purpose in the Next Generation
As parents, we all want our kids to live lives of abundance, freedom, and purpose. But the tools to break free from limiting beliefs and embrace a mindset of wealth and success aren’t taught in schools. That's where we come in! 💡
In this empowering episode, I dive into: 🌟 Mindset Shifts: Teach your kids to think like the rich with lessons from Think and Grow Rich and Rich Dad, Poor Dad. 💪 Resilience: Why failure is a stepping stone, not a dead end. 💼 Entrepreneurship: Simple business ideas to foster creativity and financial literacy. 💰 Financial Literacy Basics: Assets vs. liabilities, savings, and the power of investing. 🧠 Visualization & Gratitude: Learn how thoughts and emotions shape reality (inspired by Dr. Joe Dispenza). 👨👩👧👦 Family Planning: Create vision boards, have family goal-setting sessions, and build a legacy together.
Together, let’s raise a generation that thinks big, acts boldly, and builds a better future for themselves and others. 🌎✨
🔥 Ready to sharpen your axe? Visit www.smallaxecommunities.com for more tools, resources, and insights to grow your wealth and impact. 🪓
👉 Love this episode? Share it with a friend, leave a review, and let’s keep building lasting empires together! 💬🔗
#Parenting #MindsetMatters #FinancialFreedom #GenerationalWealth #Entrepreneurship #SmallAxeCommunity
In this episode of the Small Axe Podcast, Nico breaks down how to thrive in any market cycle. From peaks to troughs, learn the strategies to maintain cash flow, maximize NOI, and secure the right debt to weather any downturn. 🚀
📌 Key Takeaways:
- The impact of cap rates on property values
- Cash flow: your lifeline through market shifts
- Proven strategies for increasing NOI and reducing expenses
- Smart debt planning to stay ahead
💡 Take your multifamily investing journey further: Visit www.smallaxecommunities.com for free tools, resources, and more podcast episodes to sharpen your axe.
🎧 If you love the show, please share it and leave a review! Help grow the Small Axe community as we build lasting empires together. 💪
Description: Want to unlock access to the best multifamily deals? It starts with building strong relationships with brokers. In this episode of the Small Axe Community Show, Nico shares proven strategies for standing out in a crowded market, gaining broker trust, and increasing deal flow.
Learn why brokers are the gatekeepers to multifamily success and discover how to create a professional one-pager that showcases your credibility and investment goals. From tips on responding quickly to deal opportunities to maintaining consistent communication, this episode is packed with actionable advice to elevate your broker relationships and secure better deals.
🚀 In this episode, you’ll learn: - Why broker relationships are key to accessing off-market deals. - What to include in a killer one-pager to impress brokers. - How to establish trust, even as a new investor. - The power of consistent communication and follow-up with brokers.
🎧 Tune in to sharpen your skills, build your credibility, and take your multifamily investing to the next level.
Call to Action: Get a free one-pager template to kickstart your broker outreach! Visit Small Axe Communities or email Nico at info@smallaxecommunities.com to get started.
🎙️ Why You Should Think Twice Before Closing on Every Multifamily Real Estate Deal
🚨 In this must-listen episode of the Small Axe Community Show, host Nico dives deep into the critical reasons why not every multifamily real estate deal is worth doing. Drawing from his own experiences, Nico shares real-life stories, practical advice, and hard-earned lessons to help you avoid costly mistakes.
🪓 Learn how to: ✅ Evaluate deals with a sharp eye. ✅ Spot red flags in markets, sub-markets, and properties. ✅ Master the art of thorough due diligence. ✅ Understand the importance of patience and stress-testing your projections.
💡 Sometimes, the best deal is the one you walk away from. Tune in and sharpen your skills to make better investment decisions.
### Episode Highlights: 🕒 00:00 – Introduction to the Show 🕒 00:37 – The Reality of Multifamily Deals 🕒 01:37 – A Real-Life Example: The Nine-Unit Deal 🕒 05:05 – Lessons Learned and Market Insights 🕒 06:53 – Key Considerations for Evaluating Deals 🕒 09:11 – Understanding Property Classes and Cap Rates 🕒 12:27 – Red Flags and Due Diligence 🕒 17:08 – Final Thoughts and Outro
🎧 Don’t miss this episode—your future deals will thank you!
🔥 Call to Action: If you found value in this episode, please subscribe, share it with a friend, and leave a review. Let’s keep building empires together! 🚀
📩 Visit Small Axe Communities for more resources, tools, and ways to connect.
In this episode, host Nico dives into the most common mistakes new multifamily investors make and provides actionable strategies to avoid them. Topics include managing emotions versus numbers, accurately estimating expenses like taxes, insurance, and maintenance, the critical role of thorough due diligence, building the right team, and mastering the lending process. With personal stories and lessons learned, Nico shares valuable insights to help you confidently grow your multifamily portfolio.
Timestamps: - 00:00 Introduction: Avoiding Costly Mistakes in Multifamily Deals - 00:50 The Importance of Emotional Detachment - 03:18 Underestimating Expenses: A Common Pitfall - 06:44 Due Diligence: Non-Negotiable Steps - 10:26 Building the Right Team - 13:35 Starting Small and Learning Fast - 14:37 Recap and Final Thoughts - 15:26 Bonus Tips on Lending - 16:43 Conclusion: Keep Sharpening Those Axes
Tune in to learn how to avoid costly mistakes and set yourself up for long-term success in multifamily investing!
In this episode of the Small Axe Podcast, Nico shares his insights on acquiring multifamily properties without needing a huge upfront investment. Whether you’re a first-time buyer or an experienced investor, Nico dives deep into both traditional and creative financing strategies to help you get into the apartment complex game.
Key Takeaways:
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Getting Started with Traditional Financing
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Learn about commercial loans for multifamily properties, typically available for buildings with five or more units.
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Discover why most first-time buyers begin with local banks or credit unions that understand the area and asset class.
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Nico explains loan options such as 20-30 year amortizations, interest-only payments, and how to shop around for the best rates.
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Creative Financing Options
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If traditional banks don’t work out, explore creative strategies like seller financing, where the seller holds the note.
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Hear examples of how Nico and other investors negotiate terms like down payments, interest rates, and even deferred payments with seller financing.
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Alternative Funding Sources for Down Payments
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If you don’t have the required down payment, there are several ways to raise it, including joint ventures, partnerships, retirement accounts, and tapping into home equity.
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Understand how syndications work, where you can raise capital from limited partners to fund a portion or even the entire deal.
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Exploring Non-Traditional Financing Techniques
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Find out about master lease agreements, loan assumptions, and the benefits and risks of using these methods to structure a deal when traditional bank loans aren’t feasible.
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Joint Ventures and Partnerships
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Nico discusses the importance of partnering with people who align with your goals and values, particularly in joint ventures where all parties are active in the deal.
Resources Mentioned:
- Creative Cash by Bill Ham – A book on structuring deals creatively, which helped Nico understand and apply creative financing strategies in multifamily investing.
Quotes:
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"It’s possible to get into your first apartment complex without a ton of cash if you’re open to exploring different financing methods."
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"When structuring a deal, make sure to align with your partners and carefully consider each financing option."
Action Steps:
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Evaluate your available financing options for multifamily investing, starting with traditional bank loans.
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Research creative financing techniques like seller financing and master lease agreements.
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Think about potential partnerships or joint ventures for raising a down payment.
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Start building relationships with community banks and credit unions for better financing terms.
Want More Help?
Visit www.smallaxecommunities.com to listen to more episodes of the Small Axe Podcast and explore resources that can help you sharpen your multifamily investing skills!
In this episode, Nico from the Small Axe Communities explains the various ways multifamily investors, specifically General Partners (GP) and Limited Partners (LP), get paid. Nico discusses the income sources for GPs, including acquisition fees, asset management fees, capital event fees, and disposition fees, offering practical insights from personal experiences. The episode also covers how LPs earn returns based on their investments, typically receiving an 8% preferred annual return, paid monthly, prior to any GP profits. Additionally, it touches on profit splits when returns exceed the preferred rate and the structure of 'waterfall' payouts. Listeners are encouraged to understand deal structures thoroughly and to reach out for further advice, concluding with a call to action for sharing and reviewing the show.
00:00 Introduction to Multifamily Investing
00:41 Understanding General Partnerships
01:08 The Role of Acquisition Fees
01:58 Justifying Acquisition Fees
04:02 Asset Management Fees Explained
05:01 Challenges in Asset Management
06:03 General Partners' Compensation Breakdown
08:14 Limited Partners' Earnings Explained
09:42 Preferred Returns and Incentives
11:22 Waterfall Structures in Deals
11:50 Final Thoughts and Contact Information
12:00 Closing Remarks and Gratitude
In this episode, Nico from Small Axe Communities discusses strategies to secure a multifamily real estate deal. He emphasizes three key elements: money, expertise, and network. Nico explains how having capital simplifies the process, but if you lack funds, you must have the expertise or a robust network to find and manage deals. He addresses various roles within a real estate team, such as asset managers, capital raisers, and deal finders, and underscores the importance of aligning skill sets with team needs. Nico also highlights the value of building long-term relationships and maintaining a collaborative attitude to succeed in multifamily real estate ventures. Finally, he encourages listeners to share this valuable information and offers guidance to those interested in joining a partnership.
00:00 Introduction and Show Purpose
00:41 Key Elements for Getting a Deal
01:09 Importance of Money, Expertise, and Network
01:53 Roles and Expertise in Multifamily Projects
02:49 Building Your Value in a Team
03:38 Case Study: Partner Expertise
04:26 Building Trust in Partnerships
04:56 Identifying Your Expertise
05:21 The Power of Deal Finding
05:52 Negotiating and Team Building
06:19 Key Traits for Success
07:58 Final Thoughts and Encouragement
In this episode, Nico from the Small Axe Communities breaks down the essentials of passive investing, placing a strong emphasis on multifamily real estate syndications. He elaborates on the different roles within syndications, such as limited and general partners, and highlights the importance of a solid grasp of real estate fundamentals. The narrative covers strategic steps for becoming a successful passive investor, including the recommended capital requirements and long-term growth strategies. Additionally, the episode explores the broader context of various passive investments—like stocks, bonds, and crypto—emphasizing the consistent financial growth achievable through diversified portfolios. Listeners are encouraged to persistently refine their investment approaches, thoroughly vet opportunities, and seek expert advice to make informed decisions. The discussion concludes with a call to action for continuous learning and active engagement in building investment knowledge.
00:00 Introduction to Passive Investing
00:44 Understanding Passive Real Estate Investing
02:00 Roles in Real Estate Syndication
03:41 Essential Knowledge for Passive Investors
04:57 Financial Requirements for Passive Investing
05:57 Setting Passive Investment Goals
07:50 Vetting and Monitoring Investments
08:43 The Reality of Passive Investment Returns
09:22 Long-Term Investment Goals
09:46 The Importance of Keeping Your Money Active
12:09 Understanding Passive vs. Active Investing
13:33 The Necessity of Passive Investing
15:09 Final Thoughts and Recommendations
Here’s an enhanced version of the show notes for your Libsyn episode with a strong call to action:
Top 5 Reasons Why NOW is the Best Time to Invest in Multifamily Real Estate
In this episode, host Nico Salgado breaks down the top five reasons why today’s market presents an exceptional opportunity for multifamily real estate investors. Whether you’re just getting started or are looking to expand your portfolio, this episode is packed with actionable insights to help you capitalize on current conditions.
Key Takeaways: - 📉 Reduced Competition: Fewer investors in the market means more opportunities for you to find great deals. - 🏠 Discounted Properties: Learn how rising interest rates are leading to motivated sellers and undervalued properties. - 💸 Hedge Against Inflation: Multifamily real estate is a powerful tool to protect your wealth as inflation rises. - 💰 Passive Income: Discover how you can start earning while you sleep by investing in cash-flowing properties. - 📈 Long-Term Appreciation: Real estate continues to build wealth over time—stay committed and reap the rewards!
Nico shares practical tips on sticking to the numbers and avoiding emotional decisions, highlighting the importance of a long-term mindset for wealth-building success.
⏱ Timestamps: 00:00 Introduction to Today's Episode 00:52 Reason 1: Lower Competition 04:01 Reason 2: Discounted Properties 09:14 Reason 3: Hedge Against Inflation 09:51 Reason 4: Passive Income Opportunities 12:16 Reason 5: Appreciation 14:19 Final Thoughts and Tips 17:22 Conclusion and Call to Action
💥 Ready to take the next step? Join our community of like-minded investors at www.smallaxecommunities.com to start sharpening your investing skills and build your real estate legacy. Together, we can turn this market into an opportunity for success. Let’s keep pushing forward and growing wealth, one deal at a time!
#RealEstateInvesting #MultifamilyRealEstate #PassiveIncome #SmallAxeCommunity #WealthBuilding #RealEstateOpportunities #InvestSmart
This version provides more engaging language, stronger value propositions, and a compelling call to action with your website link to encourage community growth.
In this episode, Nico from the Small Axe community discusses how to structure partnerships for new multifamily property deals. Whether deciding between a joint venture or a syndication, the structure often involves a standard equity split, typically 70% for investors and 30% for management. Nico provides insight into how these allocations work, including a detailed breakdown of the equity split bucket system and the importance of each role, such as asset management and capital raising. Nico also emphasizes the necessity of precise legal documents and operating agreements tailored to each deal to safeguard against potential issues. An equity split spreadsheet is available by request to help implement these strategies effectively.
00:00 Introduction and Purpose of the Episode
00:41 Starting the Partnership Discussion
01:25 Equity Split and Partnership Structure
04:40 Detailed Breakdown of Equity Buckets
07:01 Adjusting Buckets Based on Deal Specifics
14:23 Legal Documents and Final Thoughts
16:36 Conclusion and Call to Action
Five Steps to Owning 194 Apartments in 12 Months
In this episode, Nico of the Small Axe community shares his journey from owning no apartments to closing on a 194-unit apartment complex within 12 months. He provides a detailed five-step framework to achieve similar success. The steps include realizing the importance of teamwork, continuous education, finding mentors, relentless networking, and taking action. Nico emphasizes the necessity of being genuine during networking and the value of taking risks to gain significant rewards. He also recounts his experiences and the key role of mentorship in his real estate journey.
00:00 Introduction: From Zero to 194 Apartments
00:59 Step 1: Realization - You Can't Do It Alone
03:19 Step 2: Education - The Key to Success
04:57 Step 3: Mentorship - Finding the Right Guidance
07:06 Step 4: Networking - Building Your Team
10:55 Step 5: Taking Action - Making It Happen
14:47 Conclusion: Recap and Final Thoughts
In this episode, Nico provides a comprehensive guide for deal finders and hunters at all experience levels to acquire multifamily properties. Key topics include the importance of loving the search, narrowing down your market and deal criteria, utilizing various resources like LoopNet, MLS, Crexi, and establishing broker relationships. Additionally, the episode covers direct-to-seller strategies, cold calling, leveraging partnerships, attending meetups, and maintaining a consistent, positive communication approach with brokers to ensure success in securing deals.
00:00 Introduction: Finding Your First Multifamily Deal
00:42 The Love for Deal Hunting
01:14 Choosing and Researching Your Market
02:33 Searching for Deals: MLS, LoopNet, and More
04:22 Solidifying Your Deal Criteria
08:23 Building Broker Relationships
09:44 Direct to Seller Strategies
11:20 Networking and Community Involvement
16:40 The Importance of Consistent Communication
19:05 Final Tips and Encouragement
In this episode, Nico discusses powerful real estate investing strategies specifically in the multifamily sector. He covers syndications, explaining how pooling resources allows larger real estate acquisitions, and the benefits for both active and passive investors. Nico also introduces the BRRRR (Buy, Renovate, Rent, Refinance, Repeat) strategy, highlighting its applicability to multifamily real estate and how it can be integrated with syndications. The episode concludes with insights into remote investing, stressing the importance of having a reliable local partner and active involvement for success.
In this episode of the 'Small Axe Community,' host Nico discusses strategies and insights for building a multifamily real estate portfolio despite current market challenges. He covers recent data on housing construction, vacancy rates, and housing affordability, particularly in Lakeland, Florida. Nico and his guest discuss the impact of interest rates on new developments and the rental market, emphasizing the importance of cash flow, understanding property conditions, and maintaining broker relationships. Nico concludes with a positive outlook for the multifamily sector, suggesting that disciplined and consistent investors will ultimately succeed.
Navigating the Multifamily Real Estate Market in 2024
In this episode, Nico delves into the complexities of the multifamily real estate market as of 2024. He discusses the shift from dealing with old brokers to new brokers, the challenges of high property prices, and the difficulties in managing and renting out units. Nico shares his personal strategies on underwriting, dealing with inflated prices, and the importance of realistic cash flow projections. He emphasizes the significance of sticking to sound investments and not being swayed by overly optimistic proforma figures. Listeners are encouraged to reach out for help with underwriting and to stay cautious in a highly competitive market.
00:00 Introduction and Purpose of the Show
00:37 Challenges in the Multifamily Market
03:20 Current Market Strategies
04:12 Broker Relationships and New Opportunities
07:43 Navigating Today's Market
09:33 Conclusion and Final Thoughts
This episode highlights the advantages of investing in multifamily real estate from the perspective of a newbie. Nico discusses owning apartment buildings and the benefits of having multiple tenants reduce vacancy risks compared to single-family properties. He explains that tenants' rent payments cover the mortgage, increasing equity and allowing rent hikes with inflation and population growth. The concept of syndication is introduced, where individuals pool resources to buy properties they can't afford individually, offering passive investors a chance to earn returns without managing the property. Nico emphasizes the importance of thorough deal evaluation and the efficiency of owning multiple properties.
In this episode, Nico discusses the current challenges and strategies in the real estate market, specifically focusing on multifamily properties. He highlights the prolonged leasing periods, higher vacancy rates, and the need for realistic underwriting. Nico shares his experiences with his own portfolio of 70 units in Florida, emphasizing the importance of adjusting expectations for rent increases, accounting for higher expenses, and the critical role of thorough market analysis. The episode also covers practical tips for managing properties, such as maintenance plans and different financing strategies to ensure cash flow. Listeners are encouraged to stay educated and persistently search for viable deals.
This episode is dedicated to guiding individuals on using small steps to build personal financial success. John Casmon shares a personal story of facing job insecurity leading to a strategic pivot in his career. He discusses helping investors raise capital, build businesses, and transition from traditional jobs to entrepreneurship. Key topics include the importance of taking action, the pitfalls of traditional money-raising efforts, the value of mentorship, and the continuous demand for multifamily investments. Emphasis is placed on mindset, the necessity of direct help from experienced coaches, and making community impacts. The closing message encourages listeners to keep improving their skills and take decisive actions for personal growth.
In this episode of the Small Axe Podcast, host Nico interviews Sean D. Martell from Takeoff Capital. Sean shares his journey from being an air traffic controller in the Navy and FAA to becoming a successful real estate investor. The conversation covers his initial investments in multifamily properties, such as a profitable project in Indianapolis, and progresses to his current focus on developing infill multifamily units in San Diego using new density bonus programs. Sean also discusses the benefits and challenges of shifting from value-add investments to new developments, touching on financing strategies and the market dynamics of areas like San Diego. The episode provides valuable insights for aspiring real estate investors, emphasizing the importance of due diligence, long-term planning, and adapting to market conditions.
In this episode of the Small Axe Podcast, host Nico Salgado sits down with real estate investor Randy Langenderfer to discuss creating a 10-year plan towards becoming a full-time real estate investor. Join them as they dive into the strategies, mindset shifts, and practical steps needed to turn your real estate investing aspirations into a reality. Whether you're just starting out or looking to level up your investment game, this episode offers valuable insights and actionable advice to help you achieve your financial goals through real estate.
Welcome to the Small Axe Podcast! In this episode, host Nico Salgado is joined by multifamily real estate expert Emeka Ogbonna for a deep dive into acquisitions and operations in the industry. Tune in as they share invaluable insights and strategies from the trenches, providing you with all you need to know about multifamily acquisitions and operations 101. Whether you're a seasoned investor or just starting out, this episode is packed with practical advice to help you navigate the world of real estate investing.
In this episode of the Small Axe Podcast, host Nico Salgado sits down with entrepreneur and investor Alex Tam to discuss the intricacies of actively investing while managing multiple businesses. Join them as they share insights, tips, and strategies on how to navigate the world of investments while balancing a busy entrepreneurial lifestyle. Whether you're a seasoned investor or just starting out, this conversation is sure to provide valuable guidance on optimizing your investment approaches.
In this episode of the Small Axe Podcast, host Nico Salgado sits down with special guest Ian Sharp to discuss the importance of maintaining healthy habits in order to sustain long-term investments. Tune in as they delve into practical strategies and insights on how to cultivate a lifestyle that supports your financial goals for the future. Whether you're just starting out on your investment journey or looking to enhance your current practices, this conversation is sure to provide valuable tips and inspiration.
In this episode, hosts Nico Salgado and special guest Robert Musso dive deep into the topic of analyzing student housing deals. They discuss key strategies, considerations, and insights for investors looking to enter this niche market. Whether you're a seasoned real estate investor or just starting out, this episode is packed with valuable information to help you make informed decisions in the student housing sector and beyond. Tune in for expert advice and practical tips on maximizing your investment opportunities.
In this episode of the Small Axe Podcast, host Nico Salgado dives into the importance of being the deal finder and shares valuable insights on how to master this skill. Whether you're a seasoned entrepreneur or just starting out in business, understanding the art of finding deals can be a game-changer for your success. Tune in as Nico breaks down practical strategies and tips to help you become a savvy deal finder in any industry.
n this episode of the Small Axe Podcast, host Nico Salgado sits down with multifamily investor Emeka Ogbonna to dive into the intricacies of a day in the life of a multifamily investor. Together, they explore the process of evaluating and considering a new deal, offering valuable insights and perspectives for both seasoned investors and those new to the real estate investment world. Join us as we uncover what it takes to navigate the world of multifamily investing and make informed decisions on potential deals.
In this milestone 200th episode of the Small Axe Podcast, host Nico Salgado dives deep into the topic of building a successful multifamily business. Join Nico as he explores key strategies, insights, and tips for navigating the world of multifamily real estate investing. Whether you're a seasoned investor or just starting out, this episode is packed with valuable information to help you achieve your business goals in the multifamily industry. Don't miss out on this insightful discussion that could be the key to unlocking your success!
Welcome to the Small Axe Podcast! In this episode, our host Nico Salgado dives into the world of buying deals. Join us as we explore strategies, tips, and insights to help you navigate the process of securing great deals. Whether you're a seasoned investor or just starting out, this episode is packed with valuable information to boost your deal-making skills. Let's get started!
Welcome to the Small Axe Podcast! In this episode, host Nico Salgado dives into the world of multifamily investing and poses a thought-provoking question: are you sure you can handle being a multifamily investor? Join us as we explore the challenges and rewards of this investment strategy, and gain valuable insights into what it takes to succeed in the competitive world of real estate.
On this episode of the Small Axe Podcast, hosts Nico Salgado with guest Antone Heyward dive deep into the world of multifamily investing. Join them as they discuss effective systems and processes that can help investors thrive in this competitive market. Learn valuable insights from industry experts on how to streamline operations, maximize returns, and achieve success in multifamily real estate. Tune in for a wealth of knowledge that will empower you to take your investment strategies to the next level!
In this edition of the Small Axe Podcast, Nico Salgado and Nizan Mosery explore the techniques and perspectives essential for excelling in the multifamily and student housing sectors. Whether you're an experienced investor or embarking on your real estate journey, this episode offers a wealth of valuable insights for thriving in these dynamic markets. Join Nico and Nizan as they draw from their expertise to dissect crucial strategies for success in multifamily and student housing ventures.
About Nizan Mosery
Nizan Mosery, is one of the Principals and Co-Founder of MTN Investment Group. Nizan’s journey in the real estate world has been incredibly fulfilling, allowing him to specialize in multifamily and student housing properties making a significant impact in the industry.
Aside from his role in MTN Investment Group, Nizan is also a Coach, Speaker, and host of the Multifamily Inc. podcast. Through his podcast and speaking engagements, his expertise and insights, empower individuals and organizations to reach their full potential and achieve success in their endeavor.
Nizan recently launched his Multifamily Inc. coaching and mentoring program, and the experience has been incredibly fulfilling. It's a platform where he engages, educates and provides the tools necessary to acquire apartment buildings and student housing with none of your own money or if you have no credit or bad credit. Nizan pulls from his many years of experience to give you the best hands on coaching in the industry.
The coaching program has allowed Nizan to create a vibrant community of like-minded individuals who are passionate about real estate and achieving financial freedom.
As a real estate multifamily/ apartment building investor, Nizan brings a unique perspective, strategic mindset, and dedication to excellence to every project. His goal is to add value, make a positive impact, and continue growing and innovating in the ever-evolving real estate landscape.
Welcome to the latest episode of the Small Axe Podcast! In this episode, hosts Nico Salgado and Kelly Koontz explore the topic of maximizing revenue with submetering. Tune in as they explore strategies and best practices for utilizing submetering to increase revenue and efficiency. Whether you're a property manager or interested in learning more about this innovative approach, this episode is sure to provide valuable insights. Let's jump right in!
Welcome to the latest episode of the Small Axe Podcast! In this episode, hosts Nico Salgado and Ryan Potuck explore the intriguing world of golf courses. Have you ever considered what it would be like to own your very own golf course? Join us as we delve into this unique topic and uncover the ins and outs of purchasing a piece of paradise on the green. Tune in for a fascinating discussion that will have you seeing golf courses in a whole new light.
In this episode of the Small Axe Podcast, host Nico Salgado dives deep into the intricacies of real estate transactions and explores the journey to getting to the closing table. Join Nico as he shares valuable insights, tips, and strategies for successfully navigating the final stages of a real estate deal. Whether you're a seasoned investor or a first-time homebuyer, this episode is packed with actionable advice to help you reach your goals and secure that coveted spot at the closing table. Don't miss out on this informative and engaging discussion on all things real estate!
Welcome to the Small Axe Podcast! In this episode, host Nico Salgado dives into the world of multifamily investing and shares valuable insights on why it's crucial to trust the jockey, not the horse. Join us as we explore the importance of understanding and backing the right people in your investment ventures. Stay tuned for expert advice and practical tips that will help you navigate the multifamily investing landscape with confidence.
In this episode of the Small Axe Podcast, hosts Nico Salgado and Tony Castronovo dive into the world of multifamily deals, coaching courses, and even share their experiences of running in blizzards. Join them as they discuss valuable insights and stories that will inspire you to take action towards your own real estate goals. Tune in for an engaging conversation filled with practical tips and motivation to help you navigate the world of real estate investing.
In this episode of the Small Axe Podcast, host Nico Salgado sits down with special guest Dylan Marma to discuss the secrets to achieving consistent cashflow through investing in mobile home parks and RV parks. Dylan shares his expert insights on identifying profitable opportunities, managing properties effectively, and maximizing returns in this often overlooked real estate niche. Tune in to learn how you can build a sustainable income stream through alternative investments like mobile home parks and RV parks.
In this latest episode of Small Axe Podcast, Nico welcomes his long-time online friend and multifamily real estate partner, Shane Deckert. They talk about his military professional and civil engineer background, detailing his real estate journey from land development in California to owning a duplex in Florida. The conversation focuses on the challenges of real estate, with an emphasis on managing CapEx projects and dealing with contractors. Shane shares insights into finding and vetting contractors using online reviews, itemized quotes, and effective communication. Tune in to his valuable advice on assessing and building solid relationships with contractors, emphasizing quality, price, and schedule adherence.
Here is a breakdown of what to expect in this episode:
- Contractor Challenges
- Estimating CapEx
- Property Systems Considerations
- Water Sources and Wells
- Contractor Selection Strategies
- And so much more!
About Shane Deckert:
Shane Deckert is the CEO and Founder of Marathon Communities with a diverse background in Civil Engineering and Spanish. Armed with a Masters's in Business Management and a Professional Engineering License, Shane boasts over 12 years of building design and construction expertise, particularly in large commercial properties. His extensive knowledge spans from smaller dormitories to expansive housing facilities, providing him with a comprehensive understanding of the intricacies of buildings. Shane's overarching goal is to identify ideal apartments for investors, enabling them to achieve financial freedom through strategic real estate investments.
Find Shane Deckert on…
Website: www.marathoncommunities.com
Email: ShaneDeckert@gmail.com
LinkedIn: https://www.linkedin.com/in/shane-deckert-p-e-08a94720/
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
How would you navigate your investment journey and make informed decisions amidst real estate triumphs, challenges, and the evolving market? In this engaging episode, Nico welcomes Brian Heller, a multifaceted professional with a diverse background in entertainment and real estate. Brian shares his journey from working on popular TV shows to becoming a successful apartment broker and eventually transitioning to the principal side of the real estate business. As they talk about the challenges of the current real estate market, Brian offers unique perspectives on evaluating value beyond asset numbers. The episode concludes with a thought-provoking question about Brian's legacy, adding a reflective and personal touch to the conversation.
Here is a breakdown of what to expect in this episode:
- Passion for Principal Side, a strong passion side of the real estate business
- Successful Deal Execution, a success story involving a property in Nashville
- Market Comparison - 2010 vs. Today - perspective on the current real estate market, drawing parallels with conditions in 2010
- 2024 Goals aiming to add 100 plus units on the general partnership side and potentially raising capital for more deals
- Operator Vetting Insights emphasizing the significance of track records, team composition, fees, and the operator's personal investment in deals.
- And so much more!
About Brian Heller:
Brian Heller is a real estate specialist with 12 years of experience in real estate investment, development, and apartment syndication. He has worked on transactions totaling over $300 million. Brian is known for his leadership in high-level multimillion-dollar real estate projects, guiding teams from concept to completion. As a Value Add engineer, he is responsible for leading the acquisitions, repositioning, and dispositions of numerous properties for publicly traded companies, clients, and investors. His focus is on optimizing the financial performance of both individual properties and large property portfolio assignments.
Find Brian Heller on…
Website: https://www.brianhellerinvestments.com/
LinkedIn: https://www.linkedin.com/in/brianhellerinvestments
Facebook: https://www.facebook.com/BrianZHeller/
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Ready to uncover the secrets of building a lasting empire in real estate? In this episode, Nico welcomes Peter Roisman, co-founder of REV, a distinguished Multifamily Leasing Company in Houston, to talk about the complexities of leasing, a timely subject as many operators struggle with its intricacies. Deeply rooted in a family legacy of real estate development and law, Peter seamlessly integrates his passion for sports and real estate, offering important takeaways throughout the episode. Beyond the practicalities of leasing, Peter imparts a powerful lesson; highlighting the role of passion and belief in meaningful purpose as the driving forces behind success in any endeavor.
Here is a breakdown of what to expect in this episode:
- REV Leasing Score and Assessment Tools
- Collaborative Partnership Approach
- Evolution of REV from Leasing Team to Technology-Driven Company
- Passion in Work and Success
- REV University and Training Programs
- And so much more!
About Peter Roisman:
With 30+ years of entrepreneurial expertise, Mr. Roisman has a track record of launching and leading emerging businesses across diverse sectors. His business principles blend timeless fundamentals with innovative strategies.
He is the Co-Founding Principal, President & CEO of REV™, The Multifamily Leasing Company, a Houston-based venture established in 2019. REV elevates multifamily leasing performance by providing property owners and asset managers with a revenue-focused solution to leasing problems. Under his leadership, REV has become a trailblazer in multifamily leasing management, decoupling leasing from property management, making it singularly important, and achieving leasing milestones previously unattained on 35,000 units across the US.
Find Peter Roisman on…
Website: https://revmlc.com/?fbclid=IwAR0du5Klp-WKi_GTefXepndSoAQsEVm8WOyQCQxtgmxQMdx1a7SoyHfGE8A
LinkedIn: https://www.linkedin.com/in/peterroisman/
Facebook: https://www.facebook.com/revleasingmanagement
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Happy New Year!
Join us in this special episode of the Small Axe Podcast as Nico gives us the 3 Constants you need to dominate your year and make it the best year ever!
Start the year right with an awesome plan, learn from Nico's journey into real estate, and watch out for a surprise just for you for tuning in to the show.
Here is a breakdown of what to expect in this episode:
- Nico's journey into real estate from a teaching career.
- The Three Constants
- Consistently educate yourself.
- Always be networking.
-
Deal flow
-
How to build and expand your network and investor pipeline.
- One minute process for vetting a deal.
- A surprise gift from Nico!
- Recommended steps for underwriting.
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Welcome to the 4th Quarter wrap-up of the Small Axe Podcast! In this episode, Nico welcomes back Dr. Nkem Ezeamama, founder of Pheenyx Capital Investment, in a high-value discussion filled with tons of helpful information for those wanting to get started in real estate. Nkem's impressive journey as an ER Doctor to founding a multifamily real estate investment company is a testament to her amazing commitment and work ethic. Learn about their strategies for finding deals, as well as the concept of 'borrowing credibility' to help you build business relationships.
If you wish to start your real estate journey this coming year, this is a podcast you don’t want to miss!
Here is a breakdown of what to expect in this episode:
- Nkem's Real Estate journey as an ER Doctor
- Red flags and why you should not offer on a deal.
- What happens after you submit an offer?
- Creating a workbook to help encourage people.
- Thoughts and concerns for the next year
- Strategies for finding deals.
- Strategy of borrowing credibility in building relationships.
- For those who want to start their journey next year.
About Nkem Ezeamama, MD.
Dr. Nkem Ezeamama is a driven and compassionate physician with a passion for providing medical care to those in need, both at home and abroad. With a heart for giving, she has traveled to multiple countries, offering her skills and knowledge to those in need of medical attention.
Along with her passion for medicine, Nkem has a thirst for personal growth and a drive to create financial stability for herself and those around her. This led her to explore the world of real estate investing, where she found massive success as a passive investor and now, as the CEO of a growing multifamily real estate investment company, Pheenyx Capital Investment.
In her free time, Nkem is an adventurer, having visited 5 out of 7 continents, and enjoys a challenge, both physically and mentally. An avid runner, hiker, and reader, especially of growth and personal development books, Nkem is constantly pushing herself to be her best self. Currently, she is training for a triathlon, adding to her impressive list of accomplishments and never-ending drive for self-improvement. With her unique combination of medical expertise, business acumen, and adventurous spirit, Nkem is on a mission to make a difference in the world, one investment at a time.
Find Nkem Ezeamama on…
Website: https://phcinvest.com
LinkedIn: https://www.linkedin.com/in/nkemezeamamamd
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Managing your own portfolio is not impossible, you just need to prepare yourself, align your priorities, and listen to people who have it done it already.
Welcome to the Small Axe Podcast! In this episode, Nico talks to Anette Talie, a commercial architect and real estate investor who manages her own property. For those who wants to try managing their own properties, this is the episode you don’t want to miss! Anette also gives advise on how and what to write in your lease contracts.
Here is a breakdown of what to expect in this episode:
- Anette's background story and going through the 2008 financial crisis.
- Challenges when starting in Real Estate.
- Refinancing properties and accumulating more assets.
- Self-managing properties and using seller-financing.
- Tips for managing properties and writing your lease contracts.
- Effective practices in property management.
- What would be the title of a book about you?
About Anette Talie:
Born and raised in Lima Perú, Anette Talie moved to Florida to fulfill her life dream of studying abroad. She transferred and receiving her Bachelor of Architecture from Florida Atlantic University. In her 18 years in architecture, Anette has acquired a broad range of experience in architectural design, construction and effective project management on a wide variety of project types.
Due to the financial crisis and great recession, in 2010 Anette started looking for other options, besides Architecture, to reach financial freedom and realized her goal of being a stay-at-home-mom. This is how in 2011, Anette finds a job managing properties for a foreign investor and in 2012 she acquires her first investment property.
Now-a-days, Anette balances her family life, her career as a commercial Architect and the management of 31 units including her personal portfolio of 12 units. She recently started investing out-of-state, where she holds 198 units with her partners. Her current goal is to continue to grow and help others obtain financial freedom investing passively.
Anette Talie is the host of “South Florida Multifamily and More” Facebook group with over 2,500 active members and holds a Meetup the 3rd Tuesday of the month. Additionally, she hosts her Podcast “Real Estate Deal Closers Show” and Video Series “3 Expert Tips” in her YouTube channel Anette Talie.
Find Anette Talie on…
Website: http://talieinvestments.com
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Uncover the key takeaways and wisdom in the dynamic world of real estate. Welcome to the Small Axe Podcast! In this episode, Nico welcomes Cody Laughlin for a compelling discussion on Cody's transformative journey in the real estate industry. The conversation unfolds into Cody's background in a traditional household, his nursing career, and the pivotal moments during the 2008 financial crisis. Cody shares insights on becoming a landlord, navigating real estate complexities, and the paradigm shift toward multifamily investments. This episode encapsulates Cody's wealth of experience and offers aspiring real estate entrepreneurs valuable lessons.
Here is a breakdown of what to expect in this episode:
- The Economic Strength of Texas in Real Estate Investing
- Navigating Increased Expenses in Real Estate Operations
- Strategies for Managing Expenses and Improving Operational Efficiency
- Importance of Customer Service and Resident Retention in Real Estate
- Building a Successful Real Estate Portfolio
- And so much more!
Listen until the end to get a very exciting surprise!
About Cody Laughlin:
Cody Laughlin is a co-founder and Managing Partner of Blue Oak Capital. Mr. Laughlin is the director of Acquisitions and Chief Investment Officer and oversees the company’s acquisitions and business development. Cody has eleven years of experience in alternative investments. Prior to Blue Oak Capital, Mr. Laughlin was the founder and President of Laughlin Investment Group, LLC, a privately held real estate investment group where he managed the company’s acquisition portfolio of residential real estate. In addition to his entrepreneurial ventures, Mr. Laughlin worked as a Registered Nurse in the Texas Medical Center. He is a graduate of McNeese State University with a bachelor’s degree in science of Nursing.
Find Cody Laughlin on…
Website: https://blueoakinvests.com/about-us/cody-laughlin/
LinkedIn: https://www.linkedin.com/in/cody-laughlin/
Facebook: https://www.facebook.com/cody.laughlin.543/
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Welcome to the Small Axe Podcast! In this episode, Nico welcomes special guest and business partner, Ethan Diaz. Reflecting on their serendipitous meeting at a New York meetup, Nico underscores the power of networking and the collaboration that led to their joint venture in a 44-unit portfolio in Florida. Get a glimpse into Ethan's background, his Puerto Rican roots, and the pivotal moment when he transitioned from aspiring to be a doctor to pursuing a career in real estate. From his early real estate ventures at 16, to the decision to sell an eight-unit property and transition into syndication, Ethan shares valuable insights into his journey.
Here is a breakdown of what to expect in this episode:
- Legacy Wealth and Personal Connections
- Navigating Non-Traditional Paths
- Overseas Ventures - Challenges and Rewards of Real Estate
- From Mentorship Struggles to Networking Success
- Lessons from a COVID-Impacted Eight-Unit Property and Units Texas Venture
- And so much more!
About Ethan Diaz:
Ethan Diaz is the Co-Founder and Acquisition Manager at DB Invest, overseeing the acquisition and management of various real estate assets, including 232 multifamily units, 52 storage units, and 6NNN units. His role involves expanding the portfolio and strategically seeking investments in prime locations to maximize returns. Ethan's expertise and commitment to passive investing shape his approach to building and managing a diverse real estate portfolio.
Find Ethan Diaz on…
Website: www.dbinvest.com
LinkedIn: https://www.linkedin.com/in/ethan-diaz-313784193/
Facebook: https://www.facebook.com/ethan.diaz.731572/
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Discover a game-changing approach in real estate – an unwavering openness to diverse opportunities and adaptive strategies, showcasing how a broader perspective on deals can unlock unparalleled profitability. Welcome to Small Axe Podcast! Join Nico and his special guest Joe Cordes in this episode as they delve into Joe's incredible journey from law enforcement to real estate mastery. From early investments in two-family homes to flipping 60 houses on Long Island, Joe shares insights on transitioning to rental properties and the key mindset shift that transformed him into a diversified real estate mogul.
Here is a breakdown of what to expect in this episode:
- Law Enforcement to Real Estate Journey
- Flipping Houses to Building a Portfolio
- Multifamily Expansion and Mastermind Groups
- Direct-to-Seller Marketing Strategies
- Lessons from a Real Estate Setback
- And so much more!
About Joe Cordes:
Joe Cordes is the founder and owner of CoMax Properties, a family-owned local house buying company situated in Lynbrook, NY. Established in 2013, CoMax Properties provides Long Islanders with a hassle-free option to sell their homes for cash. Additionally, Joe serves as the Managing Director of CoMax Capital. With diverse real estate experience dating back to the age of 23, Joe's journey began with the purchase of his first multifamily property, a 2 Family Home in Queens, NY. Over the years, he has expanded his real estate portfolio, investing in small and large multifamily buildings, fix & flips, short-term vacation rentals, and student housing. Currently, Joe is invested in over 800 rental units spread across 6 states.
Find Joe Cordes on…
Website: https://comaxhomebuyers.com/
Cell Phone number: 516-286-1477
LinkedIn: https://www.linkedin.com/in/josephcordes/
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
What does it take to live the life that you want? Embark on the thrilling venture of real estate investment with Nico Salgado on the Small Axe Podcast. This episode features Josh Roosen, who recounts his transformative journey, ignited by the impact of "Rich Dad, Poor Dad" during his eighth-grade years. Despite initial obstacles and parental reservations about entrepreneurship, Josh persevered through setbacks in his home healthcare business, transitioning to sales and securing his first investment property. The pivotal moment occurred when he joined Fortune Builders, immersing himself in real estate education and learning valuable insights from accomplished mentors.
Here is a breakdown of what to expect in this episode:
- Navigating Jacksonville's Real Estate Opportunities
- The Joint Venture Advantage in Real Estate Investing
- Building Genuine Relationships in Direct-to-Seller Campaigns
- Multifamily Wealth Nation: A New Frontier in Real Estate Education
- Mastering the Dynamic Real Estate Environment: Strategies and Commitment
- And so much more!
About Josh Roosen:
Josh Roosen is a powerhouse in networking, multifamily real estate, and curating experts to properly disrupt this space. Josh originally set out to become a doctor and quickly realized the path to financial freedom was found by purchasing cash flowing investments that appreciate over time. After spending years in the residential arena, he shifted his focus to multifamily. His mission is to connect individuals wanting to invest in multifamily real estate and create the most high-performance network that exists.
Connect with Josh Roosen on…
Website: https://www.multifamilywealthnation.com
Cell Number: 810-348-6689
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Embark on the exciting journey of real estate investing with Nico Salgado on the Small Axe Podcast. In this episode, Nico, host of the Small Acts podcast, explores the potential of entering the multifamily real estate arena with no upfront capital. Recognizing that not everyone commences their journey with ample resources, he underscores the significance of skill development and tool refinement. Nico delves into the frequently asked question of initiating multifamily real estate ventures without initial capital, shedding light on practical considerations while emphasizing the crucial role of experience and specific resources.
Here is a breakdown of what to expect in this episode:
- Building a Lasting Empire with Small Acts
- Navigating Multifamily Real Estate Investments: From Solo Ventures to Syndications
- Getting Started with Zero Money Down: Strategies and Limitations
- The Role of Skills and Experience in Multifamily Real Estate Investment
- Realistic Expectations: The Long Game of Achieving Financial Freedom in Real Estate
- And so much more!
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Welcome to the captivating world of real estate investing with Nico Salgado on the Small Axe Podcast. In this episode, Nico extends a warm welcome to Vlad Arakcheyev, who unfolds his journey from graphic designer to real estate aficionado amidst the backdrop of COVID challenges. Catalyzed by a transformative Texas event, Vlad’s shift from single-family to multifamily real estate showcases his tenacity in networking and continual learning. Join us as Vlad delves into the details of his inaugural syndication deal, navigating challenges, and extracting invaluable lessons from unforeseen obstacles, in the dynamic landscape of real estate transactions.
Here is a breakdown of what to expect in this episode:
- Vlad's Transition: Multifamily to Land Development
- Sarasota, Florida: Vlad's Dive into Land Conversion
- Kansas City Joint Venture: Cold Calling Success Story
- Olga's Vital Role: The Power of Partnership in Real Estate
- From Joint Ventures to Syndications: Vlad's Evolution in Real Estate
- And so much more!
About Vlad Arakcheyev:
Vlad Arakcheyev is the Principal of Zontik Ventures, a privately held commercial property investment company. Zontik Ventures aims to generate long-term wealth by engaging in real estate investments in collaboration with investors. Vlad brings to the table a wealth of experience in sales and marketing, particularly in the realms of residential and commercial real estate. His role involves spearheading direct marketing initiatives and overseeing acquisition and disposition activities, with a focus on distressed and off-market properties. Vlad is adept at negotiation in property acquisitions and employs various creative financing strategies to optimize deals. Additionally, as a licensed real estate agent in New Jersey, he has cultivated a robust network comprising investors, real estate agents, contractors, and other pertinent stakeholders in the industry.
Find Vlad Arakcheyev on…
Website: https://zontikventures.com/
LinkedIn: https://www.linkedin.com/in/vladarakcheyev/
Facebook: https://www.facebook.com/Vlad.Arakcheyev1
Instagram: https://www.instagram.com/vlad_arakcheyev/
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Welcome to an electrifying episode of the Small Axe Podcast, where Nico Salgado embarks on a captivating journey with Guillermo Salazar, an expert on corporate governance and family legacy succession. Guillermo has advised numerous business families on generational transitions, family vision, core values, and conflict resolution. He is also an author of several books and holds degrees in architecture, family business management, and systemic family therapy. He received the 2015 International Achievement Award from the Family Firm Institute. In this episode, Guillermo shares his background of born into a family business, and how it has shaped his expertise, setting the stage for a deeper exploration of his experiences.
Here is a breakdown of what to expect in this episode:
- Journey in Family Business and Conflict Resolution
- Professionalizing Family Businesses
- Navigating Generational Wealth and Succession
- The Role of Communication in Family Business Success
- Legacy and Conflict Resolution in Family Businesses
- And so much more
About Guillermo Salazar:
Guillermo Salazar is a Family Business Advisor, Author, Speaker, and the Founder of Exaudi Family Business Consulting. He also serves as a Senior Advisor and Associate Partner at the Cambridge Family Enterprise Group. With over two decades of experience, Guillermo specializes in guiding business families in Latin America, Europe, and the United States through various processes, including legacy transmission, integrating new generations, and implementing methodologies to create sustainable businesses that align with family values. He assists families in designing family protocols, professionalization processes, effective decision-making, and conflict resolution, using proven models and methodologies. Additionally, Guillermo is a global educator on family business matters, providing valuable insights to both wealth owners and the professionals who advise them.
Connect with Guillermo Salazar on…
Linktree: https://linktr.ee/guillermosalazar
Website: https://www.guillermosalazar.com/
LinkedIn: https://www.linkedin.com/in/guillermosalazar/
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Welcome to an electrifying episode of the Small Axe Podcast, where Nico Salgado embark on a captivating journey with Bill Ham, a true titan in the realm of multifamily real estate. Over the course of two riveting decades, Bill has transformed from a seasoned pilot into a thriving real estate owner-operator. In this interview, Bill unveils his ingenious path to success, one marked by innovative financing tactics such as seller financing, lease options, and strategic partnerships, all employed to secure distressed properties. As Bill masterfully shares, these unconventional beginnings culminated in spectacular outcomes as these properties were revitalized and later refinanced through conventional bank loans.
Here is a breakdown of what to expect in this episode:
- The Ultimate Analyzer: Simplifying Deal Analysis in Real Estate
- Deal Flow, Deal Analysis, and Networking: Keys to Real Estate Success
- Navigating Real Estate Challenges: Distressed Properties and Rising Interest Rates
- The Conveyor Belt Theory: Building Wealth and Cash Flow in Real Estate
- Legacy Wealth: Passing Down the Real Estate Business, Not Just the Assets
- And so much more
About Bill Ham:
Bill Ham is an accomplished figure in the real estate arena, renowned as an author and the founder and COO of Broadwell Property Group. With an extensive background spanning over 19 years in the real estate industry, he has honed his expertise in multifamily investing and creative financing techniques. Bill's influential presence in the real estate domain is underscored by his two Amazon best-selling books, "Real Estate Raw" and "Creative Cash," where he generously shares valuable insights, strategies, and lessons derived from his journey of constructing and overseeing a substantial portfolio of apartments, employing diverse forms of seller financing and master lease options.
Connect with Bill Ham on…
Website: https://realestateraw.com
LinkedIn: https://www.linkedin.com/in/billhamrealestate/
Instagram: https://www.instagram.com/billham_realestate/?hl=en
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Welcome to the Small Axe Podcast, where Nico is joined by Charles Carillo from Harborside Partners, diving into the power of small actions in constructing a long-lasting empire through real estate investments. Charles traces his path from a real estate family background to a diverse portfolio, with a particular focus on commercial real estate. He underscores the significance of efficient property management, especially in larger ventures, and the pivotal role of syndication in their growth. This podcast is your roadmap to sharpening your investment skills, enabling success in real estate, regardless of your initial capital or network of connections.
Here is a breakdown of what to expect in this episode:
- Navigating Real Estate Challenges: Lessons from 2008
- Building Resilience in Real Estate: The Importance of Dry Powder
- Mastering Property Management Transitions: A Real Estate Journey
- Dallas Real Estate Investment: The Power of Market Expertise
- Foreign Capital in Real Estate: Insights and Strategies
- And so much more
About Charles Carillo:
Charles Carillo is a commercial real estate investor and the managing partner of Harborside Partners. With extensive experience in the real estate industry, he has actively participated in over $200 million worth of real estate transactions since 2006. His expertise primarily lies in renovating and repositioning multifamily and commercial real estate properties. Charles is also known for his work in assisting entrepreneurs and busy professionals in passive real estate investing, providing valuable insights and guidance for those looking to invest in real estate opportunities.
Connect with Charles Carillo on…
Website: https://harborsidepartners.com
LinkedIn: https://www.linkedin.com/in/charleskcarillo/
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Step into the exhilarating world of real estate investing with Nico on the Small Axe Podcast as he welcomes Taylor Loht, the host of the Passive Wealth Strategy Show. Taylor shares his captivating journey into the realm of real estate and multifamily syndication, which began with a quest to break free from the limitations of stock market investing. Discover how Taylor overcame obstacles and unlocked the power of collaborating with others to acquire large multifamily properties. In this episode, he sheds light on the critical aspects of self-directed IRAs and choosing the right custodian to fund your initial real estate ventures.
Here is a breakdown of what to expect in this episode:
- Legal Compliance and Raising Capital in Real Estate Syndications
- The Role of a Licensed Broker-Dealer Representative in Real Estate Investments
- Unlocking the Power of 1031 Exchanges and DSTs in Real Estate
- From Genuine Investor to Licensed Capital Raiser
- Creating Alignment and Integrity in Real Estate Syndication Investments
- And so much more!
About Taylor Loht:
Taylor Loht is a well-known figure in the realm of real estate investing, with a strong focus on multifamily and self-storage property investments. He has established a diversified portfolio spanning prominent markets like Dallas, Houston, Atlanta, Phoenix, and mid-Michigan. Taylor is the brains behind Passive Wealth Strategy, a company that specializes in passive real estate investments. One of its key features is the "Passive Wealth Strategy Show" podcast, where he hosts weekly guests from the real estate industry. The podcast covers various topics related to multifamily investing, value-added commercial properties, and the FIRE (Financial Independence, Retire Early) movement.
Connect with Taylor Loht on…
Website: https://ntcapitalgroup.com
Website: https://www.passivewealthstrategy.com/
Instagram: https://www.instagram.com/passive_wealth_strategies/?hl=en
Podcast: https://podcasts.apple.com/us/podcast/passive-wealth-strategy-show-real-estate-for-busy-pros/id1461341464
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Welcome to the Small Axe Podcast, your portal to the thrilling world of real estate investing! Join Nico as he unveils an exhilarating mentorship program for multifamily real estate enthusiasts. Nico is not your typical guru – he is a dedicated learner on a mission to empower you. Discover the coaching program where you handpick the skills you want to master through a simple survey. Get ready for a transformative journey filled with resources and tools that will elevate your multifamily real estate game. While Nico does not promise instant riches, he emphasizes the dedication required to thrive, whether you are an active or passive investor.
Here is a breakdown of what to expect in this episode:
- Unlocking Your Real Estate Potential: Join Our Multifamily Mentorship Program
- Revolutionize Your Real Estate Game with Nico's Incubator Program
- Mastering Multifamily Real Estate: Unveiling Nico's Toolkit for Success
- Small Axe's Mentorship Mission: Empowering the Next Generation of Investors
- Your Path to Real Estate Excellence: Small Axe's Exclusive Mentorship Program
- And so much more!
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Welcome to the latest episode of the Small Axe Podcast, your gateway to the world of real estate investing! In this episode, Nico Salgado engages in a captivating conversation with his friend, Nkem Ezeamama, as she unveils her remarkable journey in closing her inaugural real estate deal. Nkem delves into the crucial theme of teamwork in entrepreneurship, highlighting her leadership skills and the strategic recruitment of key personnel. Furthermore, Nkem tantalizes listeners with her upcoming plans, including the recruitment of an operations manager and a strong focus on marketing, as they gear up to expand their presence in the dynamic real estate industry.
Here's a breakdown of what to expect in this episode: Selecting Profitable Real Estate Markets Building a Strong Team in Real Estate Hiring and Training a Teachable Acquisition Associate Navigating Real Estate Investing Challenges Setting and Adapting Goals in Real Estate And so much more!
About Nkem Ezeamama: Dr. Nkem Ezeamama is a dedicated and compassionate physician known for her medical work in various countries. Alongside her medical career, she is a determined individual with a keen interest in personal growth and financial stability. This led her to venture into real estate investing, where she has excelled as the CEO of Pheenyx Capital Investment, a thriving multifamily real estate investment firm. Nkem is also an adventurer, having explored five continents, and she enjoys challenging herself physically and mentally through activities like running, hiking, and reading personal development literature. Currently training for a triathlon, Nkem embodies a commitment to constant self-improvement, combining her medical expertise, business knowledge, and adventurous spirit to make a positive impact through her investments.
Connect with Nkem Ezeamama on… Website: https://phcinvest.com/our-team/ LinkedIn: https://www.linkedin.com/in/nkemezeamamamd Facebook: https://web.facebook.com/profile.php?id=100088959694539
Connect with Nico Salgado! Website: www.smallaxecommunities.com Facebook: https://www.facebook.com/nicosalgado456, Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543 LinkedIn: https://www.linkedin.com/in/nicosalgado456/ Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD YouTube: https://www.youtube.com/@nicosalgado1753 Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Welcome to the world of real estate investing with the latest episode of the Small Axe Podcast! Join Nico Salgado in a captivating conversation with Eric Tomei, the powerhouse behind Top Point Investments. In this episode, Eric opens up about his journey from the healthcare sector to becoming a real estate sensation, having flipped an astonishing 125 homes! Tune in as they delve into their recent collaboration on a remarkable 72-unit new build project alongside Sharp Line Equity. Eric candidly discusses the ups and downs of the real estate industry, revealing his transition away from house flipping. The conversation also delves into the emotional rollercoaster of investing, where the demands of a W-2 job collide with the responsibilities of family life.
Here's a breakdown of what to expect in this episode: Eric’s Journey into Multifamily Real Estate Importance of Networking and Meetups in Real Estate Eric's Insights on Current Real Estate Market Conditions Selectivity in Real Estate Deal Selection Eric's Future Plans and Passion for Real Estate And so much more!
About Eric Tomei: Eric Tomasi is a multifaceted individual with a background in healthcare and a passion for real estate. Professionally, he works as a physical therapist, offering care to patients in a demanding W-2 job. However, he is eager to transition away from this role and further explore his real estate ambitions. Beyond his career in healthcare, Eric is also a published author, having penned a book that delves into his personal experiences, particularly the journey of coping with the loss of his father. This literary venture served as a cathartic process, helping him find closure in that chapter of his life.
Connect with Eric Tomei on… Website: https://toppointinvestments.com/ Facebook: https://www.facebook.com/eric.tomei/ LinkedIn: https://www.linkedin.com/in/eric-tomei-1698664/
Connect with Nico Salgado! Website: www.smallaxecommunities.com Facebook: https://www.facebook.com/nicosalgado456, Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543 LinkedIn: https://www.linkedin.com/in/nicosalgado456/ Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD YouTube: https://www.youtube.com/@nicosalgado1753 Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Step into the latest Small Axe Podcast episode! Join Nico Salgado and his special guest, the resilient Mike Taravella, as they unravel his journey from CPA to real estate mogul. From two Michigan single-family homes to a $100 million asset empire with Quantum Capital, Mike shares insights on quick execution and adaptability in today's real estate world. Discover their recent deals, partnerships, and operational hurdles while celebrating the grit of real estate general partners.
Here's a breakdown of what to expect in this episode: Navigating Real Estate Investments in a Rising Interest Rate Environment Strategies for Successful Real Estate Investing in Today's Market The Future of Real Estate: Insights and Outlook Competing with High-Yield Savings Accounts: Real Estate vs. Traditional Investments Living a Fulfilling Life And so much more!
About Mike Taravella: Mike is the Asset Manager at Rand Partners where he is responsible for overseeing over $100M assets under management and has acquired over $15M in commercial real estate. Mike collaborates with Rand’s vertically integrated property management team to ensure the execution of the portfolio’s business plan. Mike is actively pursuing new opportunities within the market and developing relationship with investor basis.
Connect with Mike Taravella on… Website: https://www.miketaravella.com/ YouTube: https://www.youtube.com/channel/UC2oWkotBta8A-DabTdwHcVw Facebook: https://web.facebook.com/profile.php?id=100064533706124 Instagram: https://www.instagram.com/valueaddmike/?hl=en
Connect with Nico Salgado! Website: www.smallaxecommunities.com Facebook: https://www.facebook.com/nicosalgado456, Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543 LinkedIn: https://www.linkedin.com/in/nicosalgado456/ Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD YouTube: https://www.youtube.com/@nicosalgado1753 Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Welcome to the latest episode of the Small Axe Podcast! In this solo episode, Nico delves into the current challenges of navigating the real estate market. He addresses the hurdles posed by rising interest rates and escalating expenses, which make it increasingly arduous for investors to identify financially viable properties. He spotlights a critical scenario where property owners grappling with bridge loans are compelled to make crucial decisions regarding refinancing or selling, primarily due to expiring terms. Tune in as Nico empowers his audience to sharpen their investment prowess and thrive in the world of real estate.
Here's a breakdown of what to expect in this episode: Navigating the Cash-In Refinance Scenario in Real Estate Effective Deal Sourcing Strategies for Real Estate Investors Supercharging Your Deal Flow: Using the CCIM Website to Connect with Brokers Controlling Real Estate Deals with Zero Capital: A Strategic Approach Maximizing Your Real Estate Investment Success: The Small Acts Community Approach And so much more!
Connect with Nico Salgado! Website: www.smallaxecommunities.com Facebook: https://www.facebook.com/nicosalgado456, Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543 LinkedIn: https://www.linkedin.com/in/nicosalgado456/ Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD YouTube: https://www.youtube.com/@nicosalgado1753 Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Welcome to the latest episode of the Small Axe Podcast! In this episode, Nico Salgado engages in a captivating conversation with the esteemed Tony Castronovo, marking Tony's third appearance on the show—a testament to his unique insights. The episode begins with a nostalgic reflection on their previous encounters in late 2021 and the beginning of the year. Tony delves into his recent experiences in the multifamily real estate sector, highlighting a slowdown in transaction volumes. He shares the journey of a specific property deal, from initial challenges to eventual success in acquiring a 257-unit Class A property in Houston, Texas.
Here's a breakdown of what to expect in this episode: Navigating Unpredictable Elements in Real Estate Deals Insights into HUD Loans and Energy Efficiency Requirements Closing Real Estate Deals Amidst Shifting Lender Dynamics Tony's Coaching Program: Empowering Entrepreneurs and Business Owners Financial Clarity and Profitability: The Profit First Method And so much more!
About Tony Castronovo: Tony Castronovo is the founder and managing partner of Novo Multifamily Group and Novo Investments, specializing in multifamily real estate investments primarily in Texas and Oklahoma markets. With a comprehensive background in real estate, including single-family rental properties and construction, he has managed acquisitions, underwriting, negotiations, due diligence, syndication, capital raising, renovations, operations, and asset management across a portfolio of over 1,150 units. Tony's experience extends to management consulting, with over two decades of advising clients on project portfolio investment management.
Connect with Tony Castronovo on… Website: https://novomultifamilygroup.com LinkedIn: https://www.linkedin.com/in/tonycastronovo Email: tony@novomultifamilygroup.com
Connect with Nico Salgado! Website: www.smallaxecommunities.com Facebook: https://www.facebook.com/nicosalgado456, Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543 LinkedIn: https://www.linkedin.com/in/nicosalgado456/ Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD YouTube: https://www.youtube.com/@nicosalgado1753 Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Welcome to the latest episode of the Small Axe Podcast! In this episode, Nico Salgado ignites a captivating discussion with real estate maven, coach, and former dance sensation Jorge Contreras. Uncover Jorge's remarkable journey from the dance floor to real estate success, fueled by a pivotal back injury that propelled him towards financial innovation. Discover his transition from single-family homes to Airbnb goldmines, his transformative coaching venture, and his strategic tax-reducing tactics. In this engaging episode, the duo also taps into their shared love for dance, making it a must-listen for aspiring investors and dance enthusiasts alike.
Here's a breakdown of what to expect in this episode:
Incorporating Local Touches: Enhancing Airbnb with Local Culture
Essential Amenities: Stocking Your Airbnb for Guest Comfort
Cozy Retreat: Designing a Homey Atmosphere for Guests
Tech-Infused Hosting: Smart Amenities and Connectivity for Guests
Hygiene and Hospitality: Maintaining Cleanliness for Positive Guest Experience
And so much more!
About Jorge Contreras:
Jorge Contreras is a dynamic coach and accomplished real estate investor, driven by a mission to empower individuals to achieve time, location, and financial freedom through Airbnb and Real Estate Investing. With a remarkable journey that saw him retire at 29, become a millionaire by 30, and establish a flourishing Airbnb business generating multiple six figures, Jorge's impact reaches far and wide. His coaching prowess shines as he guides students to remarkable achievements, including launching Airbnbs in record time, earning substantial income, quitting traditional employment within months, and securing substantial passive income streams that range from $5,000 to $8,000 per month, all on autopilot.
Connect with Jorge Contreras on…
Website: https://thejorgecontreras.com
YouTube: https://www.youtube.com/c/JorgeContrerasyoutube
Instagram: https://www.instagram.com/thejorgecontreras/
Facebook: https://www.facebook.com/groups/howtobuildyourairbnbempire/
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Welcome to the latest episode of the Small Axe Podcast! Join Nico Salgado as he dives into an exhilarating conversation with real estate powerhouse Hadar Orkibi. With an impressive 20-year real estate background, Hadar's journey began in Israel as a licensed agent before venturing to New Zealand. Tune in as he unveils his commitment to crafting generational wealth and the influential role of the MIH (Multifamily Investing Hub) mastermind community. Witness how Hadar's choice of Arkansas sizzles with affordability and cash flow potential, while he skillfully sidesteps markets like Memphis, all in pursuit of building an electrifying future.
Here's a breakdown of what to expect in this episode:
Navigating Market Cycles and Multifamily Investments
Legacy: Extroversion, Financial Acumen, and Generosity
Strategic Investments and Partnerships: Approach to Thriving in Real Estate
Becoming a Market Expert: Advice for Seizing Real Estate Opportunities
And so much more!
About Hadar Orkibi:
Hadar Orbiki is a seasoned real estate investor and trader, known for his expertise in multifamily real estate. He identifies with the pronouns "He/Him" and is a principal at MFI Holding and MIH Mastermind. As a US citizen, he has devoted his full-time efforts to property investment and trading. With a real estate journey spanning over two decades, Hadar has specialized in multifamily apartment buildings that offer value-add opportunities. Throughout his career, Hadar has engaged in various real estate strategies, including house flipping, subdivision, new construction, NNN (Triple Net) commercial real estate, joint ventures, and multifamily investments. He is a regular guest on US real estate investing podcasts and is well-known for sharing his insights and knowledge in the field.
Connect with Hadar Orkibi on…
Website: https://mfiholding.com/
LinkedIn: https://www.linkedin.com/in/hadar-orkibi-a9a1a841/
Instagram: https://www.instagram.com/mih_mastermind/
YouTube: https://www.youtube.com/c/MultifamilyRealEstateInvestingMIHMastermind
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Welcome to the electrifying episode of the Small Axe Podcast! Join the one and only Nico Salgado as he dives into the dynamic world of multifamily real estate investment. Back in the groove of his podcast setup, Nico brings a surge of energy as he unravels the exhilarating journey of an active multifamily investor. Buckle up for a rollercoaster of insights, as Nico shares the pulse-pounding challenges and high-voltage expectations that come with scoring deals in this market. Get ready to supercharge your motivation, stay engaged, and ride out the pursuit of multifamily deals with patience and persistence!
Here's a breakdown of what to expect in this episode:
Mastering Due Diligence: Unveiling Hidden Issues in Multifamily Investments
Strategies for Successful Multifamily Deal Selection: The Power of Engagement and Credibility
Co-Sponsoring in Multifamily: Gaining Experience and Access to Winning Teams
Managing Multifamily Expenses: Budgeting, Debt, and Insurance Essentials for Success
And so much more!
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Welcome to another episode of the Small Axe Podcast! Join Nico Salgado as he engages in a captivating conversation with the seasoned investor Paul Moore. Together, they explore Paul's remarkable transition from self-storage operator to a pioneering fund that ventures into diverse assets through strategic partnerships with different operators. Tune in as Paul sheds light on their 1940 act fund, driven by a commitment to providing diversification across various asset types, geographies, and operators. Discover how their rigorous due diligence process ensures successful collaborations, and learn valuable insights from Paul about what aspiring operators need to become potential partners.
Here's a breakdown of what to expect in this episode:
Move into Preferred Equity: Benefits and Position in the Capital Stack
Raising Money for Investments: Podcasts, Blogs, Books, and social media
Investing in Affordable Housing through Tax Abatement in Texas
Rising Demand for RV Parks: Remote Work and the Sharing Economy
Market Outlook: Challenges in Multifamily, Focus on Recession-Resistant Assets
And so much more!
About Paul Moore:
Paul Moore is the Founder and Managing Partner of Wellings Capital. After graduating with an engineering degree and then an MBA from Ohio State, Paul entered the management development track at Ford Motor Company in Detroit. After five years, he departed to start a staffing company with a partner. They scaled and sold the company to a publicly traded firm five years later. After a brief “retirement” in his early 30s, Paul began investing in real estate in 1999 to protect and grow his own wealth.
Connect with Paul Moore on…
Website: https://www.wellingscapital.com/about
LinkedIn: https://www.linkedin.com/in/paul-moore-3255924/
Twitter: https://twitter.com/PaulMooreInvest
Instagram: https://www.instagram.com/paulmooreinvest/?hl=en
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Get ready for an action-packed episode of the Small Axe Podcast! Join host Nico Salgado as he sits down with the incredible Anders Jacobson, a true powerhouse in the world of multifamily real estate. From his victorious basketball journey to overcoming financial setbacks, Anders's story will leave you inspired and on the edge of your seat. Discover how he turned a door-to-door sales gig into a life-changing opportunity and hear how he now helps others achieve financial success through multifamily investing.
Here's a breakdown of what to expect in this episode:
Anders' Real Estate Journey: From Basketball to Multifamily
Focusing on Multifamily: The Carolinas, Georgia, and North Carolina
Joint Venture Success: Transforming a 18-Unit Property in Greenville
Investor Relations and Transparency: Building Trust in Syndication
Using Sales Skills in Real Estate: Communicating Complex Concepts Simply
And so much more!
About Anders Jacobson:
Anders is an investor, entrepreneur, and the founder of Brighton Capital. Prior to multifamily, he built two multimillion-dollar businesses in the solar industry. He has always had a passion for real estate, from single-family and fix & flips to short-term rentals and multifamily. He started investing in multifamily in 2017 and has investments across Texas, Florida, Georgia, and North Carolina. In 2018, his first child, Brighton, was born, which motivated him to create a legacy for his family and help others do the same. He loves providing a vehicle for others to achieve freedom over their finances and time.
Connect with Anders Jacobson on…
Website: https://brightoncapital.io/
LinkedIn: https://www.linkedin.com/in/anders-jacobson-10a39713b/
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Welcome to this latest episode of the Small Axe Podcast! Join Nico Salgado as he interviews Joseph Viery from US Tax Advisors Group Incorporated. Joseph shares his journey from being a tour manager to entering the cost segregation industry and eventually starting his own firm. He explains the power of accelerating depreciation, a strategy that can substantially reduce income tax liabilities for real estate investors. Tune in to learn how cost segregation can help you maximize deductions and potentially eliminate income taxes, and discover the benefits of energy tax credits for energy-efficient improvements.
Here's a breakdown of what to expect in this episode:
Cost Segregation: Accelerating Depreciation for Real Estate Investors
Active vs. Passive Investors: Maximizing Depreciation Deductions
The Power of Cost Segregation: Identifying Short-Lived Assets for Greater Deductions
Real Estate Professional Status: Unlocking Significant Tax Benefits
Energy Tax Credits: Saving on Taxes Through Energy-Efficient Improvements
And so much more!
About Joseph Viery:
Joe Viery is a tax expert from US Tax Advisors Group Incorporated, specializing in cost segregation and tax credits for real estate investors. Through cost segregation, he helps investors accelerate depreciation on certain components of their properties, resulting in significant tax savings.
Connect with Joseph Viery on…
Website: https://ustagi.com/about-us/
LinkedIn: https://www.linkedin.com/in/joseph-viery-49b1b923/
Facebook: https://www.facebook.com/USTAGI/
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Welcome to the Small Axe Podcast! In this episode, Nico Salgado interviews Jens Nielsen, Principal of Open Doors Capital, as they explore the path to building a solid portfolio through high-performance coaching. Discover how Jens transitioned into the real estate market, gradually expanding his portfolio and investing in markets. Jens emphasizes the importance of partnerships and efficiency in these markets, showcasing the value of strategic alliances and market selection.
Here's a breakdown of what to expect in this episode:
The Power of Networking, Coaching, and Mentorship in Real Estate Investing
Investing in Personal Development and Mindset for Real Estate Success
From High-Performance Coaching to Becoming a Coach: My Personal Growth Journey
The Importance of Coaching and Mentorship in Accelerating Real Estate Progress
Partnering for Success: The Dynamic Asset Management and Vision
And so much more!
About Jens Nielsen:
Jens Nielsen is a multifamily real estate investor and certified high-performance coach. Jens is the Founder of the Jens Nielsen Multi-Family Real Estate Investing Coaching and is the Principal of Open Doors Capital. Originally from Denmark, Jens ventured out to explore the world and settled in the United States in 1996. In 2016, he began his real estate investing journey and currently serves as the key principal for 82 apartment units in New Mexico and Colorado.
Connect with Jens Nielsen on…
LinkedIn: https://www.linkedin.com/in/jens-nielsen-multi-family-real-estate-coach/
Email: Email: Jens@opendoorscapital.com
Website: https://opendoorscapital.com/
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Welcome to the Small Axe Podcast! Join Nico Salgado as he delves into the dynamic world of real estate investment in San Diego with Jason Lee. In this captivating conversation, they explore the question of whether the market has shifted to favor buyers. Together, they unravel the unique characteristics of the San Diego market, highlighting its stability and the attractive opportunities it offers for landlords to thrive. Discover the reasons behind San Diego's enduring appeal, including its range of recreational activities and limited land for development, igniting increased demand for housing and the potential for long-term rent and price growth.
Here's a breakdown of what to expect in this episode:
The Current State of the Real Estate Market: Opportunities for Smart Buyers
Bridging the Gap: Seller Expectations vs. Buyer Offers
Analyzing Property Values: Metrics and Data Sources
Niche Market Focus: Value-Add and Development Opportunities
Challenges and Advantages in Real Estate Partnerships and Deal Making
And so much more!
About Jason Lee:
Jason Lee is a highly regarded real estate broker specializing in multifamily real estate, known for his expertise in working with high-net-worth investors in San Diego County. With a strong track record, he has facilitated numerous transactions, including acquisitions, sales, and 1031 exchanges, helping clients enhance their portfolios. Jason's exceptional performance has earned him respect from investors and positioned him as one of the leading commercial real estate agents in San Diego County.
Connect with Jason Lee on…
YouTube: https://www.youtube.com/@Jasonjosephlee/videos
Instagram: https://www.instagram.com/jasonjosephlee/
Facebook: https://www.facebook.com/jlmrealestateinc?ref=bookmarks
Website: https://jlmcre.com/
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Join Nico Salgado on the Small Axe Podcast as he explores the question: "Are there discounts in today's market?" Nico delves into the challenges of the real estate industry, including fear, rising insurance expenses, changing cap rates, and interest rate fluctuations. Despite these obstacles, Nico encourages listeners to persevere, emphasizing the importance of sticking to specific criteria when analyzing deals. By providing insights on cash-on-cash return, equity multiple, and internal rate of return, Nico empowers investors to navigate the impact of high interest rates and insurance costs on cash flow. Tune in for a motivational episode that instills hope and encourages listeners to stay focused on their real estate endeavors.
Here's a breakdown of what to expect in this episode:
Impact of Rising Insurance Rates on Real Estate Investments
Strategies for Adjusting Interest Rates and Cap Rates in Response to Increased Insurance Costs
Importance of Accurately Projecting Insurance Expenses in Cash Flow Projections
Challenges of Pushing Rents in a Market with Slowing Rent Growth
Analyzing the Benefits of Buying Properties at a Discounted Price Despite Higher Insurance Costs
And so much more!
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Join Nico Salgado on the Small Axe Podcast as he sits down with Franco Perez to discuss the journey from financial struggles to empowering residents as property owners. Franco shares his expertise in mobile homes and affordable housing, highlighting the potential of underutilized assets in prime locations. Discover how his business helps individuals transition from renting to owning mobile homes, offering a financial tool and transforming old units into luxurious homes.
Here's a breakdown of what to expect in this episode:
The Rise of Modern Mobile Homes: Permanent, High-Quality, and Affordable
Empowering Communities: Tenant Ownership in Mobile Home Parks
Benefits for Park Owners: Maintenance, Stability, and Financial Gains
Mobile Homes: A Stepping Stone to Homeownership
Building Wealth and Improving Lives: Mobile Home Ownership with Franco Mobile Homes
And so much more!
About Franco Perez:
Franco Perez is a Forbes-featured mobile home expert, affordable housing author, YouTuber, and manufactured home developer. He is on a mission to break the stigma and stereotypes surrounding mobile homes. Franco's passion for mobile homes stems from his personal experiences growing up and witnessing the hardships of affordable housing. With over a decade of experience in the real estate industry, he recognized the untapped potential of mobile homes as an effective pathway to homeownership for first-time buyers.
Check Franco Perez on...
Website: https://beacons.ai/franco.tv
YouTube: https://www.youtube.com/channel/UCgQ4otKTfwxGJkUqH-dGEYg
Facebook: https://www.facebook.com/francoperezhomes
Instagram: https://www.instagram.com/francosiliconvalley/
LinkedIn: https://www.linkedin.com/in/francotv/
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Welcome to the Small Axe Podcast with Nico Salgado! In this episode, Nico sits down with the cool and innovative Matt Ryan to explore the fascinating world of co-living and its potential to revolutionize the real estate landscape. Matt, an expert in energy efficiency and green building, shares his journey in real estate, from revitalizing communities and maintaining affordable housing for low-income residents to implementing value-add strategies. He sheds light on the challenges posed by rent control laws and emphasizes the importance of incentives over mandates in promoting responsible and affordable housing practices. Tune in to discover how co-living can reshape the way we live and invest in real estate.
Here's a breakdown of what to expect in this episode:
Challenges of Rent Control
Co-living as an Affordable Housing Solution
Profitability and Affordability of Co-living
Importance of Amenities in Co-living
Difference Between Co-living and Micro Apartments
About Matt Ryan:
Matt Ryan is the principal of re-viv, a company he founded to re-engineer residential and commercial real estate in underserved communities. With over 10 years of experience in real estate and construction, Matt is passionate about urban policy, building technology, and social impact ventures. Before re-viv, he successfully bootstrapped his first company, Elm Energy Group, which focused on energy efficiency and contracting services in residential, commercial, and historical buildings. Matt has expertise in various aspects of commercial transactions, including brokerage, property management, and general contracting. He has a strong track record in commercial real estate, with a personal portfolio that has achieved a 25+% internal rate of return (IRR) since its inception.
Check Matt Ryan on...
Website: http://re-viv.com
LinkedIn: https://www.linkedin.com/in/mattryan2/
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Welcome to the Small Axe Podcast with host Nico Salgado! In this eye-opening episode, Nico dives deep into the world of cybersecurity with expert John Bromfield. They discuss uncovering the crucial steps to protect your investments and investors from ever-evolving cyber threats. From data breaches to phishing attempts, John reveals the alarming risks faced by commercial real estate owners and shares invaluable insights on implementing training programs, strong passwords, and multi-factor authentication to fortify your defenses. Don't miss out on this essential guide to safeguarding your business in the digital age!
Here's a breakdown of what to expect in this episode: The Importance of Regulatory Compliance in Cybersecurity for Businesses in Regulated Verticals Challenges Faced by Commercial Real Estate Companies in Cybersecurity and Compliance Cyber Liability Insurance and its Role in Mitigating Financial Risks The Consequences of Cyber Breaches and the Need for Proactive Measures The Rise of Security-as-a-Service Providers as a Solution to the Cybersecurity Talent Gap And so much more!
About John Bromfield:
John Bromfield is the President/Founder of Cybertrust Consulting Group. He has a proven track record in the field of cybersecurity and IT services. Prior to founding Cybertrust, he served as an executive for a national managed IT and managed security provider. With over 20 years of experience, John has supported and led enterprise-scale initiatives in various areas including SaaS, cloud, virtualization, cybersecurity, and managed services. He possesses expertise in change management, user experience design, business process reengineering, and remote workforce solutions. As a certified cybersecurity professional, he is a member of The International Information System Security Certification Consortium (ISC2).
Check John Bromfield on... Website: https://cybertrustconsultinggroup.com/ Email: John.bromfield@cybertrustconsultinggroup.com
Connect with Nico Salgado!
Website: www.smallaxecommunities.com Facebook: https://www.facebook.com/nicosalgado456, Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543 LinkedIn: https://www.linkedin.com/in/nicosalgado456/ Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD YouTube: https://www.youtube.com/@nicosalgado1753 Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Welcome to the Small Axe Podcast with host Nico Salgado! Join Nico Salgado as he chats with Drew Breneman, a renowned real estate expert with a wealth of experience building lasting relationships. In this episode, Drew reveals his secrets to success in the industry, sharing how he cultivated strong connections through networking and mutual acquaintances. Discover the power of personal trust, shared goals, and a common interest in investing in real estate as the foundation for fruitful partnerships. Through Drew’s journey, you'll learn how he proved his expertise, financial stability, and unwavering commitment to the world of real estate.
Here's a breakdown of what to expect in this episode: Starting Small and Building Expertise Networking and Personal Connections Keeping deal structures simple, avoiding complex fee structures. Shift to Sunbelt Region The real estate markets of Phoenix, Austin, and Dallas, highlighting their strengths. And so much more!
About Drew Breneman: Drew Breneman is a Founder, Entrepreneur, Leader, and Data-Driven. A natural-born entrepreneur, Drew started his first business at 14. He then launched a highly-successful internet business while in high school. His ambition for finding the best investment vehicle for his earnings from his internet business is what led him to real estate, purchasing his first two rental properties at 19 years old. His drive attracted the attention of HGTV, where Drew was featured as an up-and-coming real estate investor. He wanted to share what he had learned and aspired to provide direct real estate ownership opportunities to others.
Check Drew Breneman on... Website: https://www.breneman.com/founder-story LinkedIn: https://www.linkedin.com/in/drewbreneman/ YouTube: https://www.youtube.com/channel/UCtPCgsDBALmDuIGD66cwXFA Twitter: https://twitter.com/drewbreneman?lang=en
Connect with Nico Salgado!
Website: www.smallaxecommunities.com Facebook: https://www.facebook.com/nicosalgado456, Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543 LinkedIn: https://www.linkedin.com/in/nicosalgado456/ Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD YouTube: https://www.youtube.com/@nicosalgado1753 Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Join Nico Salgado on the Small Axe Podcast as he sits down with real estate investor Savannah Arroyo to discuss her journey in the industry. Starting as a nurse, Savannah transitioned to real estate to provide resources for healthcare professionals. She shares her experiences in single-family homes and multifamily syndications, emphasizing the importance of education and networking. Savannah's investment markets include Atlanta and Oregon, and she reveals her strategies for raising capital through social media and referrals. Tune in to learn about her partnership with her husband, their investment approach, and the key factors that contribute to their success.
Here's a breakdown of what to expect in this episode: From Nurse to Real Estate: Savannah's Journey Education and Networking: The Keys to Success Raising Capital and Building Trust: Strategies for Success Partnership Dynamics and Investment Strategy Navigating the Real Estate Market: Lessons and Insights And so much more!
About Savannah Arroyo:
Savannah started her nursing career in 2014 – working in a variety of clinical settings including: Oncology, Med/Surg/Tele, PreOp/PACU, Ortho, Cath Lab, Specials, GI Lab, Non-Invasive Cardiology. After receiving her master’s degree in Nursing Leadership and Administration – Savannah spent much of her nursing career climbing the corporate ladder within the healthcare system, operating large departments and medical practices.
Check Savannah Arroyo on...
Website: https://networthnurse.co/ Website: https://investhealth.com/ LinkedIn: https://www.linkedin.com/in/savannah-arroyo/ Instagram: https://www.instagram.com/thenetworthnurse/?hl=en Facebook: https://www.facebook.com/profile.php?id=100063703982493 Twitter: https://twitter.com/networthnurse
Connect with Nico Salgado!
Website: www.smallaxecommunities.com Facebook: https://www.facebook.com/nicosalgado456, Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543 LinkedIn: https://www.linkedin.com/in/nicosalgado456/ Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD YouTube: https://www.youtube.com/@nicosalgado1753 Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Join Nico Salgado as he sits down with real estate investor Caleb Johnson in this episode of Small Axe Podcast! Caleb shares his journey into the world of real estate investing, starting at a young age and building his way up to owning 50+ unit apartment buildings. He provides valuable insights into finding and underwriting multifamily property deals, as well as the challenges of raising equity and putting money on the line. Listen in as he shares his strategies for sourcing deals and expanding his business across multiple states.
Here's a breakdown of what to expect in this episode: Caleb's experience in finding and underwriting his first multifamily property deal The importance of hard work and persistence in succeeding in the real estate business Understanding the challenges of a market before entering it Caleb's approach to sourcing deals through Propstream and direct outreach The use of Active Campaign and Instagram ads for marketing and lead generation And so much more!
About Caleb Johnson: Caleb Johnson is a real estate investor based in Phoenix, Arizona. He started investing when he was 19 years old, and he owns Red Sea Capital, which operates in Arizona, New Mexico, Oklahoma, and is expanding to Texas. He focuses on 50+ unit apartment buildings, which he says are easier to manage due to economies of scale. Caleb emphasizes the importance of hard work and persistence in succeeding in the real estate business, and he advises that one should understand the challenges of a market before entering it. He currently works in asset management and engages in capital raising, but he has delegated the latter to others who specialize in it.
Check Caleb Johnson on...
Website: https://redseacapitalgroup.com/ Email: caleb@redseacapitalgroup.com LinkedIn: https://www.linkedin.com/in/caleb-johnson-7b7300205/ Podcast: https://podcasts.apple.com/us/podcast/from-trial-to-triumph/id1640592078
Connect with Nico Salgado!
Website: www.smallaxecommunities.com Facebook: https://www.facebook.com/nicosalgado456, Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543 LinkedIn: https://www.linkedin.com/in/nicosalgado456/ Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD YouTube: https://www.youtube.com/@nicosalgado1753 Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Join Nico Salgado and his special guest, Nic and Jamie Cooper, Nic saw the power of cash-flowing assets with his single-family rentals but was ready to scale. He sold his remaining single-family rentals in San Diego and got Jamie on board to reinvest in real-estate on a larger scale.
About Nic and Jamie Cooper:
Together they purchased a 24 unit apartment complex in Ohio to create passive income. In the first year they optimized systems and as a result, more than doubled the property's value! They saw first-hand the power of multifamily real-estate investing as an opportunity to create passive income and build wealth for their family.
Check Nic and Jamie Cooper on...
Website: https://www.hudsonbluemf.com/what-we-do
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Join Nico Salgado and his special guest, Bill Waters, is a Founder at Mid Florida Insurance Professionals. Bill Waters has generations of knowledge in the Florida insurance business.
About Bill Waters:
He has been involved personally since 1987 and has seen it all. Today, he focuses on helping his clients navigate the challenging insurance environment in Florida.
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Join Nico Salgado and his special guest, Francesca Apostolou, is a Multi Family Real Estate Investor at Niveau Partners. Francesca is from Westchester County, NY. Where she lives with her husband and two beautiful children. Francesca has been a school teacher for 24 years.
About Francesca Apostolou:
Francesca and her husband Jim realized the power of real estate after purchasing their first home, rehabbing and leveraging it to acquire their first investment property. Francesca is currently partnered in over 250 units and actively looking to acquire properties in the southeast. Her goal is to educate and help others learn how they can create passive income through real estate investing. She enjoys spending time with her family, traveling, the beach, and lending a helping hand.
Check Francesca Apostolou on...
Website - https://niveaupartners.com/
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Join Nico Salgado and his special guest, Fernando Angelucci, is a Senior Managing Partner at Self Storage Syndicated Equities. By the age of 30, Fernando Angelucci has built a portfolio of over $200,000,000 in self-storage assets across the country within the last 4 years.
About Fernando Angelucci:
Fernando diversified his investments between purchasing existing cash-flowing assets, building ground-up, class A, REIT grade facilities, and utilizing adaptive reuse conversions of big box retail stores into premium self-storage. In addition to his own acquisitions, Fernando provides other self-storage investors access to off-market facilities at drastic discounts, capital for strategic partnerships, and opportunities for passive investors to participate in self-storage syndications.
Check Fernando Angelucci on...
Website - https://ssse.com
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Join Nico Salgado and his special guest, Thomas Aellis, is a Vice President at Romantique Double Diamond Limousines. Learning to earn money became a part of my life at a young age. Things I wanted I needed to work hard for which made me appreciate those things more in life. Growing up in New York is about always playing the hustle and bustle of a busy life. So even at 13 I wanted to do more.
About Thomas Aellis:
Learning to earn money became a part of my life at a young age. Things I wanted I needed to work hard for which made me appreciate those things more in life. Growing up in New York is about always playing the hustle and bustle of a busy life. So even at 13 I wanted to do more. I started working at a limousine company on the weekends cleaning cars and that 2 week fill-in position turned into 30 years later owning my own business of over 30 vehicles from buses and stretch limousines to classic and modern day Rolls Royces.
Then 2020 hit and we experienced this thing called Covid. Well, we all already know what New York did to its business owners during this covid period. In the blink of an eye what I have built over the last 30 years was basically turned off like a light switch. In 2012 we experienced hurricane Sandy which demolished half of our fleet at one of our locations. Here we were able to control this situation and we navigated back to our normal self with the help of our insurance company and other networks, but this covid thing was different. We had no control over this. We couldn’t operate vehicles because of no indoor events. Our business was basically built off of indoor events like weddings, proms etc. There is no way to pivot in a business like this. Virtual Limousine Rides?
As we now come out of the covid period I basically have told myself I will never let myself be that vulnerable again and limit myself to one sole source of income and/or focus. So I started the journey with studying real estate. I got my sales license here in New York and did over 3 million in sales my first year. I wanted to actually be more involved in real estate though. Yea having your license is great but are you truly in real estate or are you just part of the transaction?
I don’t want to be just part of the transaction!
So I went and became part of a mentorship program. My mentor played a big role in this part of pivoting my life. We started zoom calls every other week and it was going smooth. I wanted to learn as much as I could. After a few months I had my first duplex under contract and this is where my journey really began. I knew I wanted to scale my real estate business so I started to look into different programs that I could run parallel with my mentor. This is when I came across Jake and Gino. From the start I got the warm community feeling and something that resonates a lot with me is family. They treated everyone like family. Today I am in the program a few months, I have 2 properties and I am truly focused on building my education and network to grow and be able to replace W-2 income solely with passive income.
What gives me the drive to stay on course and build my real estate portfolio is my goal to create a legacy that my daughters will be able to carry on. Being able to build something that you can teach your children and their children is something truly amazing. Having 3 daughters has put a whole different perspective in my life. I am truly blessed to have an amazing wife and 3 beautiful daughters to take on this journey with me.
Check Thomas Aellis on...
Email - thomasaellis07@gmail.com
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Join Nico Salgado and his special guest, Neal Bawa, is a technologist who is universally known in the real estate circles as the Mad Scientist of Multifamily. Besides being one of the most in-demand speakers in commercial real estate, Neal is a data guru, a process freak, and an outsourcing expert.
About Neal Bawa:
Neal treats his $1+ billion-dollar multifamily portfolio as an ongoing experiment in efficiency and optimization. The Mad Scientist lives by two mantras. His first mantra is that: We can only manage what we can measure. His second mantra is that: Data beats gut feel by a million miles. These mantras and a dozen other disruptive beliefs drive profit for his 800+ investors. Neal loves public speaking and is an energetic and humorous speaker. He also serves as CEO at Multifamily University, an apartment investing education company. He is a top-rated, in demand presenter at conferences and events across the country. Over 5,000 students attend his multifamily seminar series each year and hundreds attend his Apartment Magic Bootcamps. Tens of thousands listen to his podcast appearances and he has been featured in over 150 top rated podcasts and radio shows. Neal’s asset management and revenue optimization techniques for multifamily are considered unique in the industry.
Check Neal Bawa on...
Email - david.frasz@lument.com
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Join Nico Salgado and his special guest, David Frasz, is a Director and commercial loan originator for a top nationwide CRE lender. He is responsible for relationship management and originating commercial loans across all asset types with a specialty in direct originations of multifamily financing including Fannie Mae, Freddie Mac, FHA/HUD, and bridge loans.
About David Frasz:
David is acutely focused on building strong relationships with clients and helping them achieve their investment goals with a white-glove financing experience.
With nearly a decade of experience in multifamily finance, David has built a reputation for client service and for his track record which demonstrates his ability to close even the most difficult loan transactions, even those that competitors and counterparts suggest are impossible.
David’s skills were sharpened in is early career role as an underwriter where he underwrote more than $1 billion in closed loans and oversaw the underwriting of more than $9 billion in transaction screening volume. Prior to real estate, David held various positions at State Street and J.P. Morgan after he graduated magna cum laude with a B.A. in Managerial Economics from Union College in Schenectady, NY.
Check David Frasz on...
Email - david.frasz@lument.com
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Join Nico Salgado and his special guest, Mark Dowsett, is a full-time property manager and co-owner of Real Property Management Instant Equity in Tampa along with Instant Equity Solutions, a local syndication firm. Estate market.
About Mark Dowsett:
Mark moved to Tampa without knowing anyone and despite this, has worked diligently building the Tampa office to over 300 rental units in less than 6 years. He now focuses on multifamily investing, growing and managing new and existing client portfolios, and extending the Instant Equity sphere to additional markets.
Check Mark Dowsett on...
Website - https://instantequitysolutions.com & https://www.rpminstantequitytampa.com
Email - markdowsett@realpropertyleaders.com
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
About Nico Salgado:
Nico has a BS in Business Marketing and Management and a minor in Economics. He also holds a Master's degree in Spanish Language Education and spent the past 18 years as a Spanish teacher while investing in real estate. Apart from teaching and investing in real estate, Nico is an entrepreneur, coach, mentor, and leader. He is an avid surfer, woodworker, traveler, and extremely proud father. Nico began investing in real estate in 2012 with a single-family development project and has since transitioned into multifamily. He is currently a GP in 194 units valued at over $10MM. He hosts a biweekly meet-up group titled the Multifamily Investors Network NY. Nico also hosts the Small Axe podcast where he interviews industry leaders in multifamily, and he believes “it only takes a small axe to build a lasting empire”.
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Email: nico.salgado456@gmail.com
Join Nico Salgado and his special guest, John Burpee, is the President and CEO of John Burpee & Associates and has over 30 years of experience in the Florida Commercial Real Estate market.
About John Burpee:
John Burpee is the President and CEO of John Burpee & Associates and has over 30 years of experience in the Florida Commercial Real Estate market. Over his career, John has brokered more than $2.1 Billion in commercial investment real estate. He is widely recognized as the premier expert for Investment and multifamily brokerage services within the Tampa Bay Area and throughout Florida. John regularly consults with national investment firms, financial institutions, and private investors on income-generating investment real estate and multifamily acquisition, disposition, and development matters. John also serves as a court-appointed receiver for lenders throughout Florida and has extensive expertise in the banking community as an advisor to three separate bank boards.
Check John Burpee on...
Website - https://burpeecommercial.com/
LinkedIn https://www.linkedin.com/in/john-burpee-037a807/
Facebook- https://www.facebook.com/burpeecommercial/
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Join Nico Salgado and his special guest, Nicole Pendergrass, is a wife, mother of two toddlers, full-time employee and multifamily investor with current holdings in NYC, PA and the Southeast. She started her real estate journey with no money, no credit and no connections but after overcoming some tough challenges, acquired a 3 family house-hack in 2015 and has since successfully grown and diversified her equity into ownership in multiple commercial multifamily deals.
About Nicole Pendergrass:
Nicole Pendergrass is a wife, mother of two toddlers, full-time employee and multifamily investor with current holdings in NYC, PA and the Southeast. She started her real estate journey with no money, no credit and no connections but after overcoming some tough challenges, acquired a 3 family house-hack in 2015 and has since successfully grown and diversified her equity into ownership in multiple commercial multifamily deals.. Experiencing the power of multifamily led her on a mission to help others do the same. She founded Noirvest Holdings, a private RE equity firm, with the mission to help others (especially minorities and women) build wealth through increasing access to multifamily investment opportunities. She is also the host of the Share The Wealth Show, a podcast dedicated to discussing non-traditional strategies to build, grow and protect generational wealth for minority and underprivileged communities.
Check Andy Hubbs on...
Company Website: https://noirvestholdings.com/
LinkedIn: https://www.linkedin.com/in/nicole-pendergrass/
Instagram: https://www.instagram.com/nvestornikki/
Facebook: https://www.facebook.com/nvestornikki/
Youtube: https://www.youtube.com/@TheShareTheWealthShow
https://www.youtube.com/@OfficialNoirvest
Calendly: https://calendly.com/noirvest/30-minute-connection-call
FOR ACTIVE INVESTORS: T
he Microfamily Investing Accelerator mentorship program - Buy your first small commercial multifamily (5-20 units) with hands on, step-by-step guidance directly from Nicole! Book a free discovery call here: https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
FOR PASSIVE INVESTORS: The LAUNCHPAD: A Beginner’s Guide to Passive Wealth Building (free download) https://noirvestholdings.hubspotpagebuilder.com/the-launchpad
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Join Nico Salgado and his special guest, Andy Hubbs, has been a real estate investor since 2011. Over the past decade, He's accumulated a portfolio of single family properties throughout metropolitan Detroit and in Indianapolis. In addition to purchasing rentals, he has also flipped numerous properties from minor cosmetic projects to major teardowns and remodels.
About Andy Hubbs:
Andy has been a real estate investor since 2011. Over the past decade, He's accumulated a portfolio of single family properties throughout metropolitan Detroit and in Indianapolis. In addition to purchasing rentals, he has also flipped numerous properties from minor cosmetic projects to major teardowns and remodels. For the past few years, he has focused on commercial and multifamily properties with investments in Michigan, Illinois, and Oklahoma. He has been married to his wife, Colleen, since 1999. He has an 18 year old son, Alex, a 16 year old son, Jake, and a 12 year old daughter, Allison. They also have three golden retrievers. Andy owns and operates two law offices with his wife. He is an avid college sports fan, particularly Michigan State University, his alma mater. His goal is to own 500 doors within the next year. He am excited about transitioning from passive investing to more active investing.
Check Andy Hubbs on...
Andy Email: jakenalex@gmail.com
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Join Nico Salgado and his special guest, Elisa Zhang, is the principal over a multifamily real estate portfolio of $650M+ in holdings across 3,000+ apartment units within TX, AZ, and WA.
About Elisa Zhang:
Elisa Zhang is the principal over a multifamily real estate portfolio of $650M+ in holdings across 3,000+ apartment units within TX, AZ, and WA. After successfully building a path to financial independence for herself via real estate investing in less than 10 years and transitioning out of her full time IT career in 2019, she made it her mission to help motivated other nine-to-fivers do the same through her educational content on the EZ Financial Independence University website and podcast, 10,000 Roads to Financial Independence.
Check Elisa Zhang on...
Website: https://www.ezfiuniversity.com
Elisa Email: elisa@ezrealestate.rocks & jamieb@ezrealestate.rocks
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Join Nico Salgado and his special guest, Meredith Garrett, is the CEO and Founder of Stay Minty, and a real estate developer in Tennessee specializing short term rentals, and unique accommodations.
About Meredith Garrett:
Meredith is the CEO and Founder of Stay Minty, and a real estate developer in Tennessee specializing short term rentals, and unique accommodations. Meredith holds her bachelor's degree in business administration from the University of San Diego and holds a real estate license in Tennessee. In addition to her years in real estate, she also has a diverse background in business ownership and management. Garrett was Founder and CEO of Signorelli and Recycled Brands, a full service apparel branding and manufacturing company. She founded the business out of a one-bedroom apartment, and grew it into a 25 million dollar apparel company selling to retailers from Kohls, Walmart, Target to high end accounts such as Bloomingdales, Saks and Nordstrom.
Meredith's current focus is developing unique accommodations in nature settings that inspire people to unplug, reset and enjoy the great outdoors.
Check Meredith Garrett on...
Website: https://stayminty.com
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Join Nico Salgado and his special guest, Joe Sullivan, a Multifamily-Real Estate Investor & Entrepreneur, in discussing his journey in real estate investing. He shares how he began his journey four years ago by leaving his job and investing in small properties like duplexes in his local area. He later realized he needed to learn more about the industry and focused on multifamily properties. He discusses a specific deal where he and his team acquired a neighboring property with one they were already under contract for, allowing them to increase their unit count. He also talks about his approach to finding new deals, maintaining a meetup group, and setting goals for the year with the help of his family.
Here's a breakdown of what to expect in this episode:
- Joe's journey in the world of real estate investing
- The importance of education and learning from others in the field of real estate investing
- Joe's multifamily property deal in Lawrence, Kansas
- Finding and Acquiring Neighboring Properties for Multifamily Investment Success
- And so much more!
About Joe Sullivan:
Joe is a husband, father, believer, coach, and entrepreneur who is passionate about helping others and changing communities for the better!
Joe spent 12 years in operations for a Facility Services company and has recently transitioned to a full-time multifamily investor. Joe brings years of experience working with Fortune 500 companies into his real estate investing career. In 2018 he started investing in duplexes in Kansas City, where he began his real estate journey. Shortly after, he joined the Jake and Gino community and leaped Multifamily. Recently, he joined the MIH Mastermind Group and has scaled his business to 1,200+ units owned and self-managed in the Midwest.
Check Joe Sullivan on...
Website: https://joeydts.com/
Facebook: https://web.facebook.com/joe.sullivan.148116?_rdc=1&_rdr
Instagram: https://www.instagram.com/joey_dts/
LinkedIn: https://www.linkedin.com/in/joeydts/
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Facebook: https://www.facebook.com/nicosalgado456,
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
What is living a life by design? We hear it often, but what exactly is it? Join Nico Salgado and his guest, Tony Castronovo, as they get together to talk about grit, reflection on the past year and looking forward, making connections, running marathons and being active.
Tony has 25 years in management consulting and for about seven of those years, he was running a side gig in real estate. And in 2021, Tony decided to go full time into real estate. He shares his last 15 months- his growth, the lessons he learned, and his hopes for the coming year.
Tune in at the Small Axe podcast to hear more!
Here's a breakdown of what to expect in this episode:
- Going full-time into the real estate world.
- Celebrating your accomplishments and looking back.
- The importance of getting out into the wilderness.
- Intentional life by design.
- The importance of setting boundaries.
About Tony Castronovo:
Tony Castronovo is a multifamily real estate investor & entrepreneur with over 8 years of experience in acquisition, underwriting, contract negotiation, due diligence, syndication, capital raising, construction & renovations, operations, asset management, and overall asset strategy implementation.
He is a human performance coach, focused on helping entrepreneurs transition from the corporate life and grind of the side hustle to a fully intentional life by design.
Tony is also a seasoned management consultant, utilizing 25 years of experience advising clients on project portfolio investment management. He holds higher education degrees in Engineering and Construction Management.
Check Tony Castronovo on...
Website: https://grit-to-growth.com/
LinkedIn: https://www.linkedin.com/in/tonycastronovo/
Email Tony at: tony@novomultifamilygroup.com
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
YouTube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
In this episode I have my final, year-end discussion with 3 of the 6 investors who started their investing journey in the beginning of the year. Nancy Hyunh, Alex Tam, and Bob Mastroianni have all grown so much and accomplished some incredible things throughout the year. You need to tune in to find out what they have been able to do and if you could potentially become a multifamily investor too!
Welcome to Small Axe podcast! Join Nico Salgado, with his guest, Jason Baik, as they talk about a new underwriting course for deal junkies! Understanding real estate numbers is essential when investing in real estate, and underwriting is key to understanding these numbers. Additionally, one should not just focus on plugging numbers into a spreadsheet but on creating a system to underwrite deals more efficiently. That is why Jason shares that their company is launching an underwriting course and video course to help newbie investors learn about investing and grow their portfolios.
Here's a breakdown of what to expect in this episode:
- separately buy a new property, but creating a website and presenting a unified logo
- taking precautions to succeed in the real estate market despite the difficult economic conditions
- real estate requires understanding the numbers
- believing in being authentic and genuine
- And so much more!
About Jason Baik:
Jason Baik is the Principal & Director of Underwriting. He is a full-time real estate investor after leaving his full-time career behind in 2020. A former VP / Director of Data Science, Jason has a natural ability to calculate and mitigate risk using market research and statistical modeling. Jason dove into real estate in 2019 and has amassed a small personal portfolio of single-family homes. He exclusively focuses on more considerable multifamily opportunities to bring others along in the shared goal of financial freedom. Jason's specialty lies in underwriting, but he has expertise in managing large teams and P&Ls from his time in corporate America.
Check Jason Baik on…
Website: https://www.compoundingcapitalgroup.com/
LinkedIn: https://www.linkedin.com/in/jasonbaik/
Facebook: https://www.facebook.com/ccgjasonbaik/
Instagram: https://www.instagram.com/theunderwritinglab/
Connect with Nico Salgado!
Website: www.smallaxecommunities.com
Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD
Youtube: https://www.youtube.com/@nicosalgado1753
Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH
Neil Schoepp spent 40+ years in NYC where he grew up and hit every kid’s exacta. He first became a Police Officer and then a Fireman. Through his 24 years of working the streets of NYC, he came face to face with fear and found numerous ways of harnessing its power and using that power to take action instead of becoming frozen by it. Now Neil is on a conquest to help people use the energy created by fear to push through the fear and achieve the life they deserve. In his free time, Neil enjoys spending time outdoors mountain biking, fishing, and hiking with his wife and two children.
In this episode, Neil will share with us his story of how he transitioned from a police officer and firefighter to becoming a multi-family real estate investor. The importance of having strong communities and mentors to help him through his journey. And how his coaching program is helping people break through their fear, anxiety, and negative thought patterns.
Tune right in to hear this inspiring and powerful story!
[00:00 - 08:31] Building Real Estate Opportunities from the Ground Up
• Neil Schoepp is a real estate investor from New York City and has been involved in both law enforcement and firefighting. He started out investing in multifamily properties, which led to his interest in real estate.
• Neil shares his story of how he became successful as an investor and discusses how his communities have helped him along the way.
[08:31 - 16:40] Using Bad Situations in Favor of Our Future
• People's perceptions of bad situations can be based on how they see them, and if they see it as a monster that is coming to gobble them up, they will likely experience negative consequences.
• Sean shares the story of how the people he surrounded himself with, have helped him to stay positive and not be scared of difficult times.
• There are opportunities for businesses during recessions, it is just a matter of taking advantage of this by investing and analyzing the markets.
[16:40 - 26:29] Crush Limiting Beliefs and Conquer Fear
• People with a "transactional" mindset view interactions with others as opportunities for gain, while those with a "relational" mindset view interactions as opportunities for connection and mutual understanding.
• Taking responsibility for one's actions leads to less stress and more control over one's life.
• Neil talks about an important lesson that he learned during his work in the NYPD. Using fear to overcome obstacles, propeling actions that lead to opportunities.
[26:29 - 28:36] Closing Segment
• Final words
• Connect with Neil Schoepp by visiting his website https://neilschoepp.com/ or email him at neil@neilschoepp.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quote:
“Fear can be the wind in your sail of a sailboat, or it can be the wind in a parachute that's holding you back. It all depends on how you decide or you choose to”. – Neil Schoepp
"Proximity is power. And with proximity is the unfair advantage actually. And what that means is it's the people you're surrounding yourself with”. – Neil Schoepp
In this solo episode of the Small Axe Community Podcast, Nico shares tips to remain at the top of your game. on becoming a successful small axe investor. He advises borrowers to work with local lenders who are more likely to offer aggressive rates and terms. Nico recommends talking to local banks, as they are currently giving the best interest rates in the market. He also advises caution when considering bridge products, as they can be risky due to the low LTVs. Finally, Nico recommends having fixed-rate debt in place for at least five years. Additionally, Nico gives us a final recommendation on why recommends networking with lenders and co-sponsors to find deals that may fall through or to bring in new capital. So, with no further ado, let’s dive in!
[00:00 - 04:11] Stay at The Top of Your Game
- The Fed has been raising rates, and this may impact the market, and we, as entrepreneurs, need to account for it.
- Don’t quit or be scared by this! In fact, there are fewer people looking at the same deals, so it's a chance to seize opportunities
- Be in constant communication with lenders to understand their terms and rates.
[04:11 - 07:43] Local Banks Offer Best Rates Amidst Tight Competition
- Local banks are a great option over agencies. They’re still giving good rates, have a local experience, and may have assets in the area that you’re looking for.
- Remember to build as many relationships as you can!
- Underwriting is always a risk, but if you're cash flow positive, you can dive deeper
- Avoid bridge products unless you're getting a three-year term minimum plus extensions
[07:43 - 10:07] Tips to Have in Mind
- Test the deal to see if it still works at 7 or 7.5% interest rate at the end of year two or three
- If you can't refinance due to debt service constraints, then the LTV may have to be dropped and it might not be worth it to refinance
- Don't be afraid to give GP share away to your co-sponsors for bringing capital. They could get a deal done or help you get a deal done
[10:07 - 11:55] Closing Segment
- If you want to reach out to Nico, feel free to do so and give him a call at 516 660 6912!
- Also, if you’re interested in a free mentorship from him, stay tuned or reach out!
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quote:
“You shouldn’t stop because everybody's worried about a recession. Just keep going. Look at deals. Stick to your criteria of what makes a good deal.”. – Nico Salgado
Formerly the CEO of a small oil company, Brad Blazar is a highly sought-after speaker on the subject of raising capital. Having raised more than $2 Billion dollars, today he mentors others around the world as part of a global coaching business on how to raise funds from high-net-worth investors to build, buy, and scale a business - or fund a special project like real estate.
Having worked alongside many large real estate syndicators and top financial services firms, he is considered an expert on raising private money. With an extensive network of family offices, advisory firms, and broker/dealers, he has closed the largest multi-million dollar transactions for multiple leading real estate firms like $9M, $7.5M, and $5M for SmartStop Self Storage, a national operator of self-storage assets in addition to $11M for USAllianz.
As a real estate investor himself, he got his start purchasing, rehabbing, and renovating over a dozen single-family properties (SFR) properties with a portfolio value of $3.5M. Today, he owns interests in multifamily, self-storage, and land (conservation easements) in addition to owning 5 Star Capital which is a real estate investment firm that syndicates real estate and invests alongside others. As the author of three books, his first book, On The Wings of Eagles - Learn to Soar in Life, quickly became a top-rated #1 read for entrepreneurs on a large literary blog based in the UK. Additionally, Brad's podcast was ranked recently as the 2nd highest-ranked show to assist people in coping with COVID-19. He has shared the stage as a speaker alongside other well-known thought leaders and celebrities like boxing legend Floyd Mayweather, Shark Tank’s Kevin Harrington, Rich Dad Poor Dad co-author Sharon Lechter, well-known best-selling author Dr. John Maxwell, and many more.
Recently knighted, Sir Brad is a philanthropist and uses his noble title to bring awareness and donates a portion of his business revenue to MD Anderson Cancer Research and feels more needs to be done to fuel cancer research and bring a cure to the world.
[00:00 - 16:38] How to Attract and Raise Capital for Your Real Estate Business
- Brad’s story of earning almost six figures while studying and then building a business
- Realizing his talent - raising money - and being known as a $2 billion guy
- Efforts to address one of the biggest challenges for those in the real estate industry - raising capital
- The four-step process to raising money - introductory meeting, validation, pitching, and closing the deal
[16:39 - 34:39] Raising Money Like a Master
- Setting up the business for success - confidence is key
- Ask investors for checks instead of relying on them to come to you
- Get in front of potential investors and network with other capital raisers
- The key is to build trust to entail a sense of comfort for investment
[34:40 - 48:09] Brad's Advice for Living a Purposeful Life
- Attend events to learn more about the real estate industry and how to get started in it
- Figure out what keeps you back up despite the hardships in life
- Create legacy wealth to do good in the lives of others
[48:10 - 49:59] Closing Segment
- Final words
- Connect with Brad Blazar by visiting his website at https://www.bradblazar.com/ or email him at info@bradblazar.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quote:
"Most people grow up in an atmosphere where we're largely taught, you know, it's bad, or it's improper, to “go borrow money”... But what you have to realize is that on any given day, you, for the most part, are surrounded with all the money that you'd ever need to do anything in life that you desire. They're called investors. And you just have to be attuned in how to approach investors, or how to pique their interest or to have some knowledge as to what to say to people to even get that discussion started.” - Brad Blazar
Stewart W. Beal is an aggressive serial entrepreneur who brings extensive management, marketing, and leadership abilities to any project. Mr. Beal has been actively involved in real estate, construction, acquisition, development, and management since 1997. Mr. Beal founded Beal Properties LLC, in 2002 at 19 years of age and has founded 20 other companies in the real estate and construction industries since then. Mr.Beal has personally done over 600 transactions, and currently manages a portfolio of over 3,000 units. Click the play button now to learn about his inspiring story and unique strategy!
[00:00 - 08:28] Finding Success from a Young Age
- Stewart shares with us the first steps that he took to become a successful entrepreneur when he was a teenager.
- How being persistent and hard-working can pay off in the long run.
- The key to being an entrepreneur is assembling a team that can thrive and gets your business forward.
[08:41 - 17:37] The Ups and Downs of Entrepreneurship
- Stewart discusses the challenges that he had to face at the beginning of his career.
- The lessons that Stewart learned when investing in real estate and being the leader of a property management company.
- How the future of housing and climate change can determine a strategy to make a good investment.
[17:40 - 28:30] The Ins and Outs of Property Management
- Stewart shares his story of the toughest night he had to face as a manager.
- How to make the most out of investment opportunities and to think critically about them.
- The impact that Stewart and his team had on folks who rented in his properties and how he’s giving back to them.
[28:36 - 30:18] Closing Segment
- Final words
- Connect with Stewart Beal by visiting his website at https://www.beal-capital.com/ or email him at sbeal@gobeal.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quote:
"The key to being an entrepreneur is not to do it [all by] yourself”. – Stewart Beal
Greg is a serial entrepreneur, real estate developer, coach, and mentor. He has bought, developed, and sold over $250 million in real estate, built and renovated hundreds of custom homes and commercial buildings, developed residential and mixed-use subdivisions, and started 12 different companies from the ground up.
Greg currently coaches and mentors some of the top entrepreneurs, real estate investors, and real estate developers around the world, helping them start, grow and scale their businesses, raise more capital and do bigger deals. Greg's current clients have over $2 billion in AUM and deals in the process.
Greg is an expert on the topics of entrepreneurship, leadership, and real estate and is regularly interviewed on some of the top real estate investing and business podcasts today.
Greg served in the United States Navy right out of high school and has always been a leader in the community as well as supporting, advising, and serving on the boards of several churches, ministries, and non-profit organizations.
[00:00 - 11:06] The Fed on Striking the Balance
- Becoming an entrepreneur and investing and developing real estate
- Greg shares his thoughts on the current market conditions and the potential for a recession
- He believes that the Fed's intention behind its policies is good but may not be able to achieve its desired outcome until the economy improves overall
[11:07 - 20:25] Searching for Opportunities during the Drawdown in the Market
- Greg discusses the right entrance to make moves in the real estate market
- What to build right now - expertise, skills, and connections in your niche, market, and asset type
- The biggest risk for investors is that the markets will not return to recent highs for a while
- Greg on carving your path now - check out his coaching program and online courses
[20:26 - 26:36] Building People and Helping Scale their Legacy
- The thrill of building and growth starts with the people we serve
- How people may not be aware of what they are truly capable of
- The fulfillment of helping build people in realizing their potential and legacy
[26:37 - 30:06] Closing Segment
- Final words
- Connect with Greg Dickerson by visiting his website at https://www.dickersoninternational.com/ or email him at greg@gregdickerson.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quote:
"The good news is when that [correction in the economy] happens, that's where your real opportunities are created. They're the real opportunities are created in those drawdowns in the markets in real estate, where you can come in and make some moves that, you know, can be generational.” - Greg Dickerson
Dr. Pranay Parikh is a physician, Co-Founder and President of Ascent Equity Group, serial entrepreneur, online course creator, and host of the MD to Entrepreneur podcast. His unconventional journey to medicine helped him learn the skills to excel in entrepreneurship. He’s helped launch a 7-figure online course, buy over $1.1 Billion in real estate, and helped hundreds of physicians launch their own businesses. His goal is to help launch 10,000 physician-led businesses.
[00:00 - 08:02] Opening Segment
- Dr. Pranay Parikh is a physician and co-founder and president of Ascent Equity Group,
- He is an Online course creator and host of the “From MD to Entrepreneur podcast”.
- He has helped launch a seven-figure online course, buy over $1.1 billion in real estate, and helped hundreds of physicians launch their own.
- His goal is to help launch 10,000 physician-led businesses.
[08:02 - 23:16] Doctors turn to real estate experts for deals
- Doctors from Ascent Equity Group work with real estate deals, and they bring in all the money to the table.
- They are able to find deals for their investors, and they are always looking at deals from multiple angles.
- Interest rates are high right now, but it's not just interest rates that are causing problems. Inflation is also a big issue.
- Operators should be honest with their investors,
-
- when something important happens or something goes wrong.
[23:16 - 32:09] How to Retire Early and Passive Income
- Passive income is a means to achieve financial freedom and independence
- There are many ways to generate passive income, including real estate, investing, and podcasting
- It can be helpful to have a timeframe in mind for when you want to retire or gain extra income, as real estate takes time to build up wealth"
[32:20 - 33:35] Closing Segment
- Final words
- Connect with Pranay Parikh by visiting their website at https://ascentequitygroup.com/
Or email him through pranay@ascentequitygroup.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
"You are creating a second job for yourself. And that can be very successful and lucrative. But just know that if you're feeling time-crunched, then that's gonna be an issue, right? So you could do it, cause you've gotta either put in time or money. And the best is when you put in both, right?” - Satch Bernhardt
Satch Bernhardt is a real estate investor and former airline pilot for a U.S. carrier. His flying career ended when his airline shut down in the middle of the pandemic in 2020. This was a turning point in his mission with real estate. This made him realize how fragile airline careers are and he wants to help as many airline pilots as possible get financial security through real estate. He is a Co-GP on $77MM / 350 units and has invested as a Limited Partner in $148MM worth of Real Estate / 726 doors. Let’s hear more about Satch and Welcome back to Small Axe Communities Podcast, Here’s your host Nico Salgado.
[00:00 - 08:22] Opening Segment
- Satch Bernhardt is a real estate investor and former airline pilot who now invests in multifamily properties.
- Bernhardt Capital is a real estate investment company that Satch Bernhardt founded.
- Bernhardt Capital focuses on wholesaling single-family homes.
- Satch Bernhardt has invested in 148 million worth of real estate or 726 doors
[08:22 - 16:06] Multifamily is a relatively new industry for the company
- The company focuses strictly on marketing to a very narrow window of property specs.
- The average return for a multifamily deal is four to five times what was spent on marketing.
- The company has been successful in leveraging other people's expertise in the single-family world.
- Nico Invites you to Jake And Gino’s Multifamily Mastery 5!
MM5 will be held in Florida this coming November 2022 If you’re joining, Nico Salgado offers early bird pricing for you! All you got to do is connect and message him through his Instagram, Facebook, and LinkedIn or email him directly at nico@smallaxedcommunities.com to get the code that you can use to avail of a discount!
[16:06 - 25:20] New Investors Pull Back on Multifamily Investments
- Satch started investing in multifamily to focus on capital racing and avoid competing against experienced operators;
- The key advantages of working with experienced multifamily operators and includes shared equity and access to resources;
- Satch shares that the quickest person to convert is someone who has already invested with him, and the hardest one to convert is an investor who has not invested in past deals.
[25:20 - 30:39] Closing Segment
- Final words
- Connect with Satch Bernhardt by visiting his website www.bernhardtcapital.net
You may grab his Free E-book “Runway to Finacial Freedom” at www.bernhardtcapital.net/ebook
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
"I thought, instead of trying to compete against those guys, why don't I just team up with them and, and figure out a way to do deals together, so that's what I love about the active side of multifamily” - Satch Bernhardt
Lee Fjord got his start in real estate in 2012 building a property management department of a residential brokerage from 20 doors to 220 doors in 4 years. After being inspired by his clients’ successes, he decided to start investing in 2016. Relocating to St. Louis in order to pursue investing in 2017, Lee began with a duplex and continued to purchase smaller properties until he found “The Power Of Partnerships” by partnering with an ex-NFL player from CA and with their combined efforts, were able to close a 38 unit apartment complex Joint Venture in Lee's backyard of St. Louis, MO in October of 2019.
After seeing the results of the 38 unit and garnering experience in larger properties, Lee continued to build momentum in investing/deal-making while building a ROCKSTAR TEAM to pursue EVEN LARGER DEALS through syndication and GREEN FOREST CAPITAL was born.
Lee has almost a decade of experience as a Property Manager, Realtor, Commercial Leasing Agent, Asset Manager, and Commercial Property Broker. A true believer and practitioner of the words of Zig Ziglar — “You can have everything in life you want if you will just help other people get what they want.”
[00:00 - 08:05] How to Use Your Small Acts to Build the Lasting Empire
- Lee has transitioned from a full-time broker to a full-time investor, and part-time broker, He is now working on acquiring properties in multiple states.
- Lee thinks that there is an opportunity in the market for operators;
-
- Who are financeable and have strength in the marketplace, as interest rates are rising.
[08:06 - 16:08] Finding the Right Partners to Grow Your Business
- That one way to increase the value of an asset is to decrease utility expenses, and that can be done without costing anything
- He then looks for partners that offset his weaknesses.
-
- Partners that have the ability to asset manage deals properly
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Lee has found success in acquiring and managing real estate syndications, and he recommends doing 5-6 syndications per year to reach out to people he's already connected with
-
Being an active real estate investor is not easy and requires a lot of work
-
Nico Invites you to Jake And Gino’s Multifamily Mastery 5!
MM5 will be held in Florida this coming November 2022 If you’re joining, Nico Salgado offers early bird pricing for you! All you got to do is connect and message him through his Instagram, Facebook, and LinkedIn or email him directly at nico@smallaxedcommunities.com to get the code that you can use to avail of a discount!
[16:09 - 23:25] Limited Partnership in Property Management
- Lee shares that he changed his life after becoming a limited partner in a property management company and changed his perspective on investing.
- He emphasizes the importance of good relationships with your property managers and recommends reaching out to neighbors to get to know them.
- He also recommends being direct with sellers and offering them the total market value for their property.
[23:26 - 26:39] Closing Segment
- Final words
- Connect with Lee Fjord by following him on Facebook, or you can email him at lee@greenforestcapital.com, For more information, you may also visit their website at www.GreenForestCapital.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“When I approach partnerships, I look at myself first and try to find my weak places. I know where I'm strong and I know where I'm weak, and I continue to focus on making sure that my strengths grow, and then find partners that offset my weaknesses." - Lee Fjord
Welcome back to Small Axe Communities Podcast!
We are back with the second season and Third Quarter Wrap Up episode of The Accountability Series. All of these participants have a variety of levels of experience in real estate, but not necessarily in commercial multi-family real estate. And that's what they're looking to do breaking into that space
Nico meets with each of the participants once a quarter to track their progress. The objective is to see what it takes to become successful in this space over a year. Every quarter we come back and listen to what progress they gained, acquired, and learned!
Let’s listen to Christina Kovacs, Dr. Nancy Huynh, and Chris Southerland Jr as they share their Journey with us!
[00:01 - 16:10] Christina Kovacs’ Segment: Implementing CapEx Budget
- Christina and her team made 54 unit deals in Kansas City, Missouri, which were completed with four other partners.
- The deal was underwritten for a 5% annual increase and the property is in a good area.
- Christina is working on a business plan to implement the CapEx budget over the next 18 months.
- The recent purchase of a property is described as a C property due to being vintage and location.
- the process of purchasing the property and the difficulties encountered along the way, including a disagreement over the terms of the loan.
-
Christina plans to take advantage of the current market conditions and make a profit by booking reservations for future stays in the property.
-
Follow Christina Kovacs
-
- See Links Below
-
Quick Ad: Nico Invites you to join Jake’s & Gino’s Multifamily Mastery 5 in Florida this coming November 2022 If you’re joining, Nico Salgado offers early bird pricing for you! All you got to do is connect and message him through his Instagram, Facebook, and LinkedIn or email him directly at nico@smallaxedcommunities.com to get the code that you can use to avail of a discount!
[17:33 - 32:39] Dr. Nancy Huynh's Segment: New Partner and New Deals
- Dr. Nancy is working on a project in Cincinnati. They are renovating the exterior of the building and migrating to a new investor platform.
- She is also finalizing terms on a partnership with another female investor to purchase a historic building in Dayton, Ohio.
- The 132-unit project is her main focus, but she is also syndicating deals.
- The Midwest has a lot of features that make it a good market for multifamily development
- Dr. Nancy partnered with a female from Dayton, Ohio, that is familiar with the market
- They are converting an empty property into 18 units of multifamily housing
- Many factors go into choosing a location for multifamily development, and it is important to analyze the submarket and street level as well
- Follow Dr. Nancy Huynh
-
- See Links Below
[32:39 - 44:07]Chris Southerland Jr. Segment: Bringing Capital Through Cybersecurity
- Chris Sutherland Jr. has been working on deals and learning about real estate from the people he's been working with.
- He is also focusing on cybersecurity so he can bring in money through that.
- He plans to transition away from his current job eventually and focus on real estate full-time.
- He has been working in cybersecurity for eight months
- he also has a bachelor's and master's degree within eight months, which makes them very hireable.
-
Chris considers himself a pen tester, which is someone who hacks into systems to find vulnerabilities
-
Follow Chris Southerland Jr.
-
- See Links Below
CONNECT WITH THEM:
Christina KovacsFollow her on Facebook and LinkedInVisit their website https://www.christinakovacs.com/
Nancy Huynh, MDVisit their website https://clearvisioninvesting.com/
You may also email her at: nancy@clearvisioninvesting.com
Chris Southerland Jr:Follow him on Linkedin
Reach him through his email at chrisjr@tryhardcapital.comVisit their website tryhardcapital.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes
“I start implementing capital raising, and I wanna learn more. So that's been my big thing in building out my website for that. And just keep joining all the networking calls and in-person networking events and putting in all those efforts. It's just been so crucial to continuously network.” - Christina Kovacs
I think it's so important within the market to analyze a submarket, but then even further go down to the street level, to the neighborhood level, and understand. Where you're investing and what you're investing - Nancy Huyn, M.D.
“I like to start somewhere like that, but honestly, I'm not in a rush to add any more stress to my life. Like a duplex or something that's not going bring me a significant amount of money, but bring me a lot of stress, So I'm totally fine with just keeping LP and learning and making my money grow.” - Chris Southerland Jr.
You may also listen and access the podcast through the link provided:
https://directory.libsyn.com/episode/index/id/23774222
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Welcome back to Small Axe Communities Podcast!
We have reached the end of the third quarter of the year, and in this episode, we are back with The Third Quarter As An Active Real Estate Investor (pt.3) | Accountability Series Podcast Season 2 All of these participants have a variety of levels of experience in real estate, but not necessarily in commercial multi-family real estate. And that's what they're looking to do breaking into that space.
Nico meets with each of the participants once a quarter to track their progress. The objective is to see what it takes to become successful in this space over the course of a year. Let’s listen to Alex Tam, Michael Sanchez, and Bob Mastroianni, as they share their Journey with us!
[00:49 - 17:19 ]Alex Tam’s latest Joint Venture Business and his Experience using VA services to save time
- Alex talks about his latest business venture - a joint venture with another MIH member to buy apartments in Lincoln, Nebraska.
- make sure that the net worth of everyone involved is at least the amount of the loan, and they also help with asset management.
- Building relationships with investors and providing them with information to make informed decisions about investing.
- Virtual assistance can help you save time and money
- Alex has 10 full-time VA’s that do blogging, social media management, and video editing
- VAs bridge the gap between real estate investors and other business owners.
- Follow Alex Tam
- see the links below!
[17:19 - 18:40] Nico Invites you to join Jake’s & Gino’s Multifamily Mastery 5
MM5 will be held in Florida this coming November 2022 If you’re joining, Nico Salgado offers early bird pricing for you! All you got to do is connect and message him through his Instagram, Facebook, and LinkedIn or email him directly at nico@smallaxedcommunities.com to get the code that you can use to avail of a discount!
[18:41 - 39:10] Michael Sanchez's Seller Financing Becomes More Accessible
- Michael Sanchez and his wife are working on a multi-family project that will include turning four apartments into short-term rentals.
- The couple plans to use their new cash flow from their rental properties to invest in their business and pay off their personal debts.
- The importance of diversifying one's income stream.,
- Looking to do more fixes and flips as well as wholesale deals in the near future.
- The company is now looking to hire better architects, that can get the project done on schedule for their new partners
- Follow Michael Sanchez
- see the links below!
[39:10 - 58:00] Bob Mastroianni’s The importance of networking and staying ahead of the curve
- Bob just recently recorded his 20th podcasts episode
- Bob shifted their focus to smaller 20 - 60 deals after three years
- He recommends focusing on multifamily opportunities
- He plans to attend 2 travel networking events in November one of which is Jake and Gino’s Multifamily Mastery 5
- And he also plans to participate in a Boot Camp in December.
- Follow Bob Mastroianni
- see the links below!
CONNECT WITH THEM:
Alex Tam:
Follow him on Facebook and LinkedIn
or email him through tamws8@gmail.com
Michael Sanchez:
Visit their website https://mtinm.com/
Call him through 5055072358
Reach him through his email at michael@mtinm.com
Bob Mastroianni:
Follow him on Instagram
or email him through bobmastro1@gmail.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes
“With VA’s You can build an enterprise, you can build a group of people that are working for you, an actual company at a fraction of the price. And some people say, Well, we need to keep it here in America, but we also need to help people around the world. And by hiring somebody, even though it's a lower price point, you are really truly helping them out in their home.”
- Alex Tam
“At the end, on the exit strategy you'd be looking at a REFI, but you want to let the seller know, that it might be more of a long-term play, especially right now, you're not going to try refinancing out until the rates go down.”
- Michael Sanchez
The positive really outweighs the negative. I really am enjoying the conversations I'm having with people. The education I'm learning a lot about different things that people have done on their journey."
- Bob Mastroianni
Welcome back to Small Axe Community Podcasts! Today we are once again joined by Chris Grenzig.
Chris is a Founder of JAG Communities which is a vertically integrated Multifamily focused investment firm. Chris and His company believe that prioritizing the resident experience and making it as high quality as possible, will lead to an unbelievable experience for all their partners involved.
[00:00 - 07:44]Opening Segment
- Chris Grenzig from Jag communities is a friend of Nico's and they've been communicating for a couple of years.
- Chris started his roots in New York but has now moved to Jacksonville, Florida.
- Since he left Toro, Chris has been buying and renovating small deals.
- In November 2020, Chris bought his own deal and started a vertically integrated company focused on small to mid-size multifamily deals.
- Since then, Chris has bought four more existing deals for a total of 72 units.
- He also has a two-and-a-half-acre site
[07:44 - 16:10]New Multi-Family Project in Low-Density Town Gets Approved
- A conditional variance to build an apartment was ultimately denied.
- Their backup plan is to build 18 or 19 townhomes on a parcel of land for $20,000 per unit.
- The possibility of rezoning the property to create multiple types of housing, including apartments.
[16:10 - 27:50] Average Rent Increases Mean Deals in Jacksonville Are Becoming More Competitive
- Average rents were around $1,500 per month in 2016, but the property was purchased for $156 per square foot.
- The current plan is to add washer and dryer connections to every unit, stackable units in attic access, and increase electrical service.
- There is a problem with increasing electrical service because a custom meter bank must be ordered and the supplier would not give a price or timeline until the order was placed.
- The goal is to create assets that outperform the market, but not turn around and sell them right away.
[27:51 - 30:27] Closing Segment
- Final words
- Connect with Chris Grenzig. by following him on Facebook, LinkedIn, Twitter, and Instagram or you can email him at chris@jag-communities.com. For more information, you may also visit their website at https://www.jagcapitalpartners.com/
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“I think I do a pretty decent job at thinking about things from the big picture. And what's gonna matter in five 20 and 50 years from now.” - Chris Grenzig
Welcome back to Small Axe Community Podcasts! Today we are joined by Mike Konstanstas Mike co-founded New Wave Capital and is responsible for asset management, construction management and many of the back-of-the-house activities involved in daily operations. Mike brings a background in construction with over 22 years of experience in custom architectural millwork. His work is showcased and featured in some of New York City’s most famous and acclaimed restaurants as well as the City’s most prestigious office buildings. Mike has over 10 years of experience in residential and commercial real estate investments. Prior to New Wave Capital, Mike co-founded 168 Capital Group, a private equity investment company focusing on multifamily acquisitions. Mike has a degree in Construction Management/Engineering Technologies from the State University of New York, Farmingdale.
[00:56 - 07:56] Opening Segment
- Mike co-founded New Wave Capital and is responsible for asset management, construction management, and many of the back of the house activities involved in daily operations.
- Mike has a degree in Construction Management, Engineering Technologies from the State University of New York Farmingdale.
[07:57 - 15:03] How to successfully syndicate a large number of units in a short amount of time
- Mike Konstantas goes to Greece after 14 years
- The time difference between his partner made it difficult to work together, so they brought on another partner.
- They decided to take a look at the properties together
- They closed two properties in Columbus in 2020.
- One of the properties they closed was syndicated.
- They sold both properties for excellent returns.
[15:03 - 23:42] Columbus Multifamily property brings in new investors
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Quick Ad: Nico Invites you to join Jake’s & Gino’s Multifamily Mastery 5 in Florida this coming November 2022 If you’re joining, Nico Salgado offers early bird pricing for you! All you have to do is connect and message him through his Instagram, Facebook, and LinkedIn or email him directly at nico@smallaxecommunities.com to get the code you can use to avail of a discount!
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The Columbus multifamily property was a syndication, while the Pittsburgh property was a JV deal.
- The Columbus multifamily property is currently in the process of renovating and is expecting to have new tenants in by the end of this year.
- In Pittsburgh, four or five deals have been closed so far and Deron is involved heavily in all of them.
[23:42 - 33:38] Retired but not done: How one family business pivoted to survive the COVID shutdown
- Mike's experience in the multifamily industry, including their first deal and subsequent deals in the space.
- Mike shares about the difficulties they experienced during COVID and how it impacted their business.
- He discussed their decision to retire from multifamily investing and how they are still working with clients focusing on commercial projects.
[33:39 - 36:06] Closing Segment
- Final words
- Connect with Mike Konstantas by calling (917) 577-2448, or send him an email mike@newwavecapitalgroup.com
- Or visit their website at www.newwavecapitalgroup.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“We are looking at different avenues. It's just that in the other assets, it's not we're not looking and doing those alone. We're looking at doing those things with people that are in that space and know that space and can therefore help that learning curve a little bit for us moving forward." - Mike Konstanstas
In this solo episode of the Small Axe Community Podcast, Nico shares his advice on becoming a successful small axe investor. He recommends focusing on education and trying to find avenues that will best suit your learning style. Nico also recommends listening more than talking. He tells the listeners that they should take their time and invest passively in order to learn what they are doing. He recommends reading books, attending meetups, and connecting with people who have experience in the industry. So with no further ado Let’s dive in!
[00:46 - 06:52] How to Educate Yourself for a Successful Career
- Nico recommends focusing on education to become a better investor
- He recommends audiobooks, podcasts, and YouTube for learning about investing
- He recommends getting involved in a mentorship or mastermind program to connect with like-minded individuals
[06:52 - 14:12] Six Months to Success in the Multifamily Space
- Nico recommends spending at least six months getting educated before starting to invest in multifamily properties
- He emphasizes the importance of being open to learning from others and recommends spending time meeting people in meetups and reading books and watching YouTube videos on the topic
-
He also recommends seeking out a mentor or team of mentors to help guide and support you in your investment journey
-
Quick Ad: Nico Invites you to join Jake’s & Gino’s Multifamily Mastery 5 in Florida this coming November 2022 If you’re joining, Nico Salgado offers early bird pricing for you! All you have to do is connect and message him through his Instagram, Facebook, and LinkedIn or email him directly at nico@smallaxecommunities.com to get the code you can use to avail of a discount!
[16:13 - 18:17] Closing Segment
- Final words
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“I highly recommend only choosing one market, obviously that limits you or whatever, but it's in the beginning, at least you gotta get to know a market very well or else you could get screwed over. So learn the market extremely well and then begin underwriting.” - Nico Salgado
Welcome back! Small Axe Community! We are joined by Jeff Davis!
Jeff moved from New Orleans to Houston after Hurricane Katrina and found work as a data entry clerk behind the desk at a logistics company. He began working on solving problems for customers and soon found himself regularly in customer-facing meetings helping salespeople close deals. Eventually, he became a sales rep for a large Fortune 200 Global Logistics firm where he has continued assisting clients to this day. He invested his commissions in real estate in 2015 so his "commissions could earn commissions and has seen the benefits of how real estate can help grow net worth. Now, he wants to help others do the same.
So with no further ado, Let’s welcome Jeff Davis!
- Jeff moved to Houston after Hurricane Katrina and found work as a data entry clerk.
- He began working on solving problems for customers and soon found himself regularly in customer-facing meetings, helping salespeople close deals.
- Eventually, he became a sales rep for a large fortune 200 global logistics firm, where he has continued helping clients to this day.
- Jeff invested his commissions in real estate in 2015 and has scaled this into a 952-unit portfolio.
- Jeff wants to help others do the same
[09:26 - 19:24] How to Pitch a Real Estate Deal Like a Pro
- people get to see what kind of returns they can expect when investing in real estate through a behind-the-scenes perspective.
- One key role for a GP is raising capital, which can be difficult but is essential for those in the real estate industry.
- It is important to have a team that can do their job well and fit into their groove, as each person has their own strengths.
- Quick Ad: Nico Invites you to join Jake’s & Gino’s Multifamily Mastery 5 in Florida this coming November 2022 If you’re joining, Nico Salgado offers early bird pricing for you! All you have to do is connect and message him through his Instagram, Facebook, and LinkedIn or email him directly at nico@smallaxecommunities.com to get the code you can use to avail of a discount!
[19:25 - 28:12] Jeff Shares His Tips For Investing In Real Estate
- The average multifamily property owner experiences 15-20% annual rent growth.
- Real estate is a stable and consistent investment with an industry average return of 17%.
- When investing in multifamily real estate, it is crucial to focus on the overall risk and not just the potential for gains.
[33:22 - 34:22] Closing Segment
- Connect with Jeff through www.bridgestoneinvest.com
/www.multifamilyadvice.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“The first house that I bought in 2007, I've consistently made 20% even through a recession in COVID. And if you stack that up every five years, I double my money and that's a pretty consistent return factor across all real estate. It's not buying today and double your money tomorrow. And there are those where you have this big pop, but when the stock market's going down, you're probably still in that 15 to 20% range. So my conversation is removing risk, not highlighting gains.” - Jeff Davis
Welcome back! Small Axe Community! Today we have a powerhouse couple Michael and Lindsey Duguet!
Michael and Lindsey became interested in Real Estate Investing in 2018. They started their educational journey by reading REI books, listening to podcasts, and being active on Bigger Pockets. They joined Real Estate Elevated for intensive training and founded Duguet Estates in March 2019. Their first off-market single-family homes were purchased in May 2019, followed by a duplex in June 2019. They started direct mail campaigns and bought 4-plex and 3 single-family homes throughout the rest of 2019. They bought a 10-plex using off-market advertising in December 2020. All acquisitions were completely remodeled (most full gut jobs) and now are stabilized and all cash-flowing. They have enjoyed huge equity gains through forced appreciation.
They have successfully BRRRR’d with 100%+ cash out refinances on half of their portfolio which they have rolled over into new deals. Michael & Lindsey joined the MIH Mastermind in 2022 and subsequently formed Clover Key Capital in May 2022. Their first syndication deal closed in June 2022 in Indianapolis, IN. They and their partners have funded $5.5 million together, and own thousands of units. They are actively looking for C+ to B+ class value-add, 1960+ build apartment complexes. Specializes and improves multifamily properties and their focus on acquiring income-producing properties.
Michael was born and raised in France and moved to the United States in 2011. He is a mechanical engineer and came to Philadelphia on a work contract. Lindsey was in medical school at the time and they both met while living in Philly. Lindsey is now an emergency medicine physician, getting her doctorate at Philadelphia College of Osteopathic Medicine and training in Emergency Medicine in Danville, PA. Together they have two children.
[00:00 - 08:29] Opening Segment
- Lindsey and Michael are founders of Clover Key Capital and Duguet Estates LLC
- They started their educational journey by reading REI books, listening to podcasts, and being active in bigger pockets.
- They joined real estate elevated for intensive training and founded Duguet estates in March, of 2019.
- Their first off-market single-family homes were purchased in May of 2019, followed by a duplex in June of the same year,
- they started direct mail campaigns and bought a 4-plex and three single-family homes throughout the rest of 2019.
- Michael is a mechanical engineer
- Lindsey is an ER physician and still doing a full-time W2 job.
[08:30 - 17:09] Reducing Hours and Spending More time with family.
- The challenges faced when starting as an entrepreneur physician include dealing with contractors and tenants.
- The first two deals were bought off-market and dealt with evictions and squatters.
- The strategy for buying properties has changed since then and is no longer in distressed areas.
- Quick Ad: Nico Invites you to join Jake’s & Gino’s Multifamily Mastery 5 in Florida this coming November 2022 If you’re joining, Nico Salgado offers early bird pricing for you! All you have to do is connect and message him through his Instagram, Facebook, and LinkedIn or email him directly at nico@smallaxedcommunities.com to get the code you can use to avail your discount!
[17:09 - 27:37] Growing Portfolios
- Now, Michael and Lindsey are renting out their two units for 1,000 to 1100 per month, doubling their income.
- The units were completely redone in the back, and the parking lot was also redone.
- They expect to get between 300 and 465 tax-free cash out from refinancing on this project.
- They bought this property in December 2020.
[27:19 - 31:40] Closing Segment
- Connect with Michael and Lindsey by visiting www.duguetestates.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“It was a big mindset shift for me. As a physician, I try to do everything well, everything perfect. We are taught that these are people's lives, so you can't fail. Failure is not an option. You can't mess up with that. So for me, to start partnering with other people and giving up some of this control. It is certainly a little bit tough, but we realized that having a little piece of the pie is better than no piece of the pie. So as we start to form these partnerships, we're moving forward with bigger deals now that we couldn't take down on our own and that we are with other people who have knowledge that has done these much bigger multifamily deals that they can bring some capital with us” - Lindsey Duguet
“We started the first two years and we were on the path to success after a year or two, we hit the first roadblock. And it was a lack of capital. we were just stuck. We could not buy more units. And I was doing the rehabs, managing all the leases. So we reach that ceiling eventually We looked into a mastermind and learned that you don't need to control everything, but just find the resource of people that can help you.” - Michael Duguet
Welcome back! Small Axe Community! Today we have Jason Stubblefield!
Jason has been investing in real estate for over 10 years. He started with single-family homes and has since moved into the multifamily real estate space. He scaled his portfolio to over 1000 multifamily units in just a few years. Jason grew up in a lower-class family and was always mindful of the tenants that he served. That concern led him to transition his company into the affordable housing space. His company is now devoted to helping solve the affordable housing crisis while maintaining strong returns for his company and its investors.
Prior to becoming a full-time multifamily entrepreneur, Jason spent over 11 years of experience in software development and has a Bachelor of Science degree in Computer Science from the University of Memphis. He is also a United States Marine Corps veteran.
Join us today as we learn how Jason and his team built S&S Capital Partners which specializes and improving multifamily properties and their focus on acquiring income-producing properties.
[00:00 - 07:56] Opening Segment
- Jason Stubblefield is a real estate investor with over 10 years of experience.
- He transitioned his company into the affordable housing space and now helps solve the affordable housing crisis.
- Jason is also a veteran and has a bachelor's degree in computer science from the University of Memphis.
- Jason is a general partner in all the deals that S&S capital partners do, and he focuses on acquisition and asset management. He also helps raise capital for the company.
- Jason's advice for aspiring real estate investors is to create a system where investors can come to you easily and be consistent with your content. He says it takes time and effort
[07:56 - 16:36] How to make your affordable housing project more successful
- Somebody can reach out to you and set up a meeting with you through the S&S capital partners' website or social media.
- The best conversations with investors are those who have heard me before, as they are already primed and understand my message.
- It is important to have teams in order to do deals of this size, as one person cannot do it alone.
- Affordable housing refers to rent that is at 80% of the area's median income or less.
- There are many programs under the affordable housing umbrella, such as section 8 and government incentives.
- Quick Ad: Nico Invites you to join Jake’s & Gino’s Multifamily Mastery 5 in Florida this coming November 2022 If you’re joining, Nico Salgado offers early bird pricing for you! All you have to do is connect and message him through his Instagram, Facebook, and LinkedIn or email him directly at nico@smallaxedcommunities.com to get the code you can use to avail a discount!
[16:36 - 23:52] How to Make an Investment in Multifamily Property without Sacrificing Yield
- Jason tried to find deals like the one he lost out on, but it became increasingly difficult as investors looked for higher yields and less risk.
- He found a mentor who taught him about tax credits and partnered with the government to make beautiful properties affordable for tennis players.
- Jason has similar experiences to his own and has overcome limiting beliefs about money and success by searching for opportunities.
[25:19 - 28:40] Closing Segment
Connect with Jason by visiting their website at www.snscapitalpartners.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“Affordable housing is like this umbrella under which a lot of different programs fall underneath.
So if you're making 80% of what area median income, then how much are you paying for rent? And if you can get rent at 30% of your salary, then that was what we technically call affordable. Right? So just no more than 30%. What happens though is cause you got market dynamics, supply-demand, whatever people are paying 35 or 45 or even 55% of their income just on rent.
So making it affordable is trying to fall underneath that 30% threshold.” - Jason Stubblefield
“There are people who have different sets of problems. The problem is not money anymore. It's problems like how can I save and not give as much of that money to taxes, or now there's even non-profits or funds that have quotas that they have just gathered so many dollars from pensioning funds or whatever, and they need a place to put all that money, like billions of dollars. So it's interesting to think about that. You know, you find what you're looking for. So once you start searching you start finding those answers.” - Jason Stubblefield
Welcome back! Small Axe Community! Today we have a very special comeback guest, Mr. Sterling White!
Sterling is a multifamily investor specializing in value-add apartments in Indianapolis and other Midwestern markets. With just over a decade of experience in the real estate industry, Sterling was involved with the management of over $10MM in the capital, which is deployed across a $16MM real estate portfolio made up of multifamily apartments. He founded Sonder Investment Group through the company he owns just over 500 units.
Sterling was featured on the BiggerPockets Podcast and has been a top contributor since 2014, with over 200 posts on topics ranging from single-family investing and apartment investing to wholesaling and scaling a business online. So with no further ado, Let’s welcome Sterling White!
[00:00 - 08:02]Opening Segment
- Sterling White from Signer Investment Group is back and ready to talk about small acts and how they can be used to build an empire.
- Sterling has been involved in the management of over 10 million in the capital, which is deployed across 16 million real estate portfolios made up of multi-family apartments.
- Sterling was featured on the FBI podcast a few months ago and has been a top contributor since 2014. He has over 200 posts on topics ranging from single-family investing and apartment investing to wholesaling and scaling a business online.
[08:02 - 16:15] Using Apps, VA’s to Effectively Work Remotely
- For Sterling, Real estate is up, but there are still dips and it's a gamble whether or not you can make it through those dips.
- Sterling shares that his team is in Indianapolis, but he and his team can remote anywhere.
- He has a remote team of VAs that help him with the acquisition process.
- He says that he uses apps that help him accomplish tasks such as closed.com as his CRM to track all the details of the deal.
- He also sends out follow-up emails and text messages after the deal are completed.
[16:16 - 25:18] Current Market Conditions
- The current lending environment and how it is difficult to purchase multifamily properties.
- Sterling believes that the recession has already started and that the real estate market will correct itself.
[25:19 - 28:40] Closing Segment
-
Connect with Sterling through Facebook, Instagram, LinkedIn, Youtube, Bigger Pockets
-
You may visit his website at sterlingwhiteofficial.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“The interest rates are making, acquisitions even more difficult and you still have seller's expectations that are high, but it is starting to come down. So I would say from the lending standpoint, yes, it's difficult to buy deals, but I believe in the upcoming years it will definitely start to shift to be more of a buyer's market.” - Sterling White
Welcome back! Small Axe Community! We are joined by Ash Patel!
Ash, is a full-time Commercial Real Estate and Business investor. Looking to invest in value add CRE and businesses. Over 10 years of experience in turning around properties and businesses. Love taking others on the journey with me. I have personally transacted over $40mm in deals. Looking to acquire value add warehouse, industrial, land, NNN, restaurants, retail, office, medical, etc. Open to joint ventures, startups, angel investing, and mentoring others.
So with no further ado, Let’s welcome Mr. Ash Patel!
[00:00 - 08:32] Opening Segment
- Ash Patel has a 15-year career in corporate real estate and 10 years as a commercial real estate investor.
- He left his corporate career to become a full-time property investor and has purchased retail warehouses, offices industrial land mixed-use medical, and restaurants from vacant buildings to fully leased triple-net properties.
- The consistent theme is extraordinary returns for his properties, with an average annualized cash on cash return of 190%.
- He started out buying properties site unseen and then began mentoring others to scale up.
- Now, his mentees are finding deals and asking him to partner with them.
[08:32 - 17:55] Retail Apocalypse? Nico Says It's Not So Bad
- Commercial tenants typically have a longer lease and are more stable than residential tenants.
- It is important to find the right tenant for the property, whether it be a large grocery store, furniture store, or mom-and-pop pizza place.
-
Retail is still a viable business, despite recent closures by big box retailers.
-
Quick Ad: Nico Invites you to join Jake’s & Gino’s Multifamily Mastery 5 in Florida this coming November 2022 If you’re joining, Nico Salgado offers early bird pricing for you! All you have to do is connect and message him through his Instagram, Facebook, and LinkedIn or email him directly at nico@smallaxedcommunities.com to get the code you can use to avail a discount!
[17:56 - 25:55] The Rise of the Suburban Downtown
- Suburban retail over city center retail, citing suburban downtowns as a thriving example of this trend.
- Suburban retail spots that are easy to visit and manage are often recession-resistant and internet resistant, making them a good investment.
- Ash has bought and leased fully leased triple net buildings in the past.
- He is interested in any type of property that doesn't have tenants living in it, as these are the easiest to lease.
[25:55 - 33:21] People will be forgotten but not the lessons you teach.
- Ash says that he doesn't do self-storage, multi-family, or development because he doesn't have a competitive advantage in those spaces
- He recommends buying something for a fraction of the build cost rather than building it new
- He has a mentorship program for people who want to learn how to find deals and advises compiling a list of life lessons that can help you
[33:22 - 34:22] Closing Segment
- Connect with Ash through Facebook, Bigger Pockets, and LinkedIn
- You may email him through ashpatel@gmail.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“I don't think that people's legacies really live on unless you're like a Steve jobs. I think people will be forgotten, but lessons that you teach your heirs will not be.” - Ash Patel
Welcome back! Small Axe Community! Let’s welcome back Dave Seymour!
Dave is a retired 16-year veteran of the Fire Service who launched his Real Estate career over 15 years ago, rapidly becoming one of the country's top investors. Dave is considered a leading expert in commercial multifamily transactions. His success in business and Real Estate put him on the radar of the A&E television network as well as multiple news organizations like CBS, ABC, CNBC, and FOX News. "Flipping Boston" aired on A&E for multiple seasons. Dave is a no-nonsense investor with zero tolerance for inefficiency and speculation. He has helped accredited investors on their very first deal as well as guided some of the largest investment firms in the nation through complex transactions. Dave's blue-collar attitude in a white-collar world is why investors seek his advice and want to invest alongside his team at Freedom Venture Investments. Dave has disrupted the Private Equity landscape allowing investors to access institutional quality CRE assets that have typically only been for the elite.
[00:00 - 08:09] Opening Segment
- Dave shares his insights on commercial real estate cycles and how they can help or hinder an investor's success.
- Dave discusses how he has shifted his acquisition strategy in order to match the current capital market conditions.
[08:09 - 17:00] Sticking With Development Deal Despite Tough Market
- the reasons why dave decided to focus on the development of built-for-rent communities, which he believes offer a higher yield than traditional multifamily investments.
- He has 325 million in development in various stages, including 24 units currently under construction.
-
Dave is always looking for opportunities to acquire multifamily properties and believes there will be more buying opportunities in the market in the next few years.
-
Quick Ad: Nico Invites you to join Jake’s & Gino’s Multifamily Mastery 5 in Florida this coming November 2022 If you’re joining, Nico Salgado offers early bird pricing for you! All you have to do is connect and message him through his Instagram, Facebook, and LinkedIn or email him directly at nico@smallaxedcommunities.com to get the code you can use to avail a discount!
[17:00 - 24:30] Continuing to Supply Yield in the Marketplace.
- Dave shared that they went where they needed to go to be able to continue to supply yield in the marketplace.
- The challenge is that in development, everybody's waiting for a stabilized asset. Including them as the GP.
- it's an opportunity, and there might be a small acquisition fee point or two on the front.
- But the development fee is really the cash flow for the business.
[24:30 - 32:09] Dave Ramsey: Legacy of Generational Wealth
- Dave focuses on providing value to the investor community and believes that this is important in today's market
- He sees opportunities in the multifamily space but cautions that it is still early in the cycle and there may be challenges ahead
- Dave closes with “Generational wealth can be created through hard work and conscious decisions”
[32:10 - 33:15] Closing Segment
- If you’re a credited investor Connect with Dave and reach him through (781) 922-4418. Or visit www.freedomventure.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“Think of those dollars as soldiers, man, those soldiers are going to war in the barracks and they are working every single day. They're in the dirt. They're in the ground. They're in the two-by-four they're in the contractor's tool belt. that's where your capital is. It's not bringing all many friends yet. Cuz it's got a job to do and the job it has to do is build and lease up the asset.” - Dave Seymour
Welcome back! Small Axe Community! Today we are joined by John Casmon!
John is a real estate entrepreneur, who has partnered with busy professionals to invest in over $100 million worth of apartments.
John also consults active multifamily investors to help them start or grow their businesses. He hosts the Multifamily Insights podcast (formerly Target Market Insights) and is the co-creator of the Midwest Real Estate Networking Summit.
Prior to becoming a full-time investor, John worked in corporate America, overseeing marketing campaigns for General Motors, Nike, and Coors Light.
[00:00 - 07:16] Opening Segment
- John Casmon is a real estate entrepreneur and host of the Multi-family insights podcast
- John went through multiple rounds of layoffs during his time at corporate America.
- Realizing that he can’t rely on his luck for having a job he was inspired to start investing in multifamily properties.
- John began buying multifamily properties in Chicago and eventually partnered with other investors to acquire over $100 million worth of apartments.
- John's story is relevant to many listeners because many people face the fear of not having a job or being able to provide for their families in the future.
[07:17 - 14:04] How to Start a Real Estate Side Hustle and Still Make a Living
- John shares that part of it was timing
- in 2012, Coming off from an economic downturn and we're really starting to hit the uprise or the upswing of the market.
- They bought a two-unit property, spending almost $50,000 in renovations
- went to refinancing, and h created over a hundred thousand dollars of equity.
- They got a line of credit for a hundred thousand dollars and wiped out their PMI on that existing loan.
- John believes that multifamily is a good investment because it is resilient to changes in the economy, people always need a place to live, and multifamily has demonstrated itself to be resilient
- Quick Ad: Nico Invites you to join Jake’s & Gino’s Multifamily Mastery 5 in Florida this coming November 2022 If you’re joining, Nico Salgado offers early bird pricing for you! All you have to do is connect and message him through his Instagram, Facebook, and LinkedIn or email him directly at nico@smallaxedcommunities.com to get the code you can use to avail a discount!
[21:56 - 28:38] Building a Successful Multifamily Brand Starts with Education
- Multifamily investors talk about interest rates from the standpoint of the loans they are getting
- John also adds that investors don't talk enough about how those rates affect single-family buyers.
- There are people who can't afford a $400,000 home six months ago or a year ago, but now for the same amount of money they can only get it $300,000 home, and renting is the alternative.
- John warns that there are markets that have more volatility than others, and multifamily investors need to monitor those factors.
[28:39 - 34:56] How to Make Money Syndicating Your Content
- Who are you helping and what do they need from you?
- You have to figure out what they need from you in order to help them.
- You have to be honest with yourself about who you want to be and what your values are.
- It would help if you focused on what other people are gonna say about you when you're not in the room.
- You can help other families by giving them more time, freedom, and flexibility
[34:57 - 36:16] Closing Segment
- Connect with John at: www.casmoncapital.com and view their sample deals!
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“Who are you helping? You have to figure out, What do they need from you? What do they need to understand? And how can you convey those messages to them? So that at the end of the day, they are in a better place from engaging with you and learning from you than they were before, engaging with your content.” - John Casmon
Welcome back to Small Axe Communities Podcast!
We are back with the second season and second episode of The Accountability Series. All of these participants have varying levels of experience in real estate, but not necessarily in commercial multi-family real estate. And that's what they're looking to do breaking into that space.
Nico meets with each of the participants once a quarter to track their progress. The objective is to see what it takes to become successful in this space over the course of a year. Every we quarter we come back and listen to what progressed they gained, acquired, and learned!
Let’s listen to Alex Tam, Chris Southerland Jr., and Christina Kovacs as they share their journey with us!
[00:01 - 15:23] Alex Tam Segment
- Alex and his wife Helen are both very involved in real estate and bring their daughter around to different events.
- Every time Alex meets up in person or attends a conference, he comes out with so much energy and ideas.
- Alex shares how to Find and Hire a Virtual Assistant
- By that aspect of it, the VA is very helpful in running a business.
- Helen and Valerie have started a separate company specifically for VA's, which helps businesses save money.
- They advise using the right platforms for finding a VA, such as Facebook, online jobs.ph, and other online sources.
- They also play a role in HR, ensuring that the VA is working on schedule and meeting the expectations of the business
- Follow Alex Tam
- See Links Below
- Quick Ad: Nico Invites you to join Jake’s & Gino’s Multifamily Mastery 5 in Florida this coming November 2022 If you’re joining, Nico Salgado offers early bird pricing for you! All you got to do is connect and message him through his Instagram, Facebook, and LinkedIn or email him directly at nico@smallaxedcommunities.com to get the code that you can use to avail a discount!
[16:46 - 31:27]Chris Southerland Jr. Segment
- Chris is based out of the Dallas, Texas area and is working as a cybersecurity professional
- He has been networking hard and has gotten into two LP deals in the past couple of months
- Chris is in the process of raising capital to join his third deal, which will be a Joint Venture
- LP deals are a good strategy for Nico because he can invest passively and get an education while someone else uses his money
- Debt Retreats Affecting Home Buying
- The current debt situation is causing lenders to retrace borrowers, which has impacted the ability of people to buy homes.
- People are still buying homes despite high-interest rates, and the market is slowly adjusting to the changes.
- Chris's plan for the next few months is to get into one JV deal
- Follow Chris Southerland Jr.
- See Links Below
[31:27 - Christina Kovacs
- Christina is a real estate broker in South Florida and is also invested in multifamily real estate
- She has two deals closed this past quarter and is also closing on a short-term rental tomorrow
- Her single-family residential sales have been successful, but she's interested in expanding into the multifamily
- Christina is transparent about her investment strategy and how it has worked in the past
- Networking Can Lead to Multifamily Deals
- She has shifted its focus from short-term rentals to multifamily and is looking for a team of people to help them with the process.
- Her team are networking with people in order to find the right opportunity and partners.
- Networking is important, and Christina recommends writing down notes from each networking call in order to remember what was discussed
- Follow Christina Kovacs
- See Links Below
CONNECT WITH THEM:
Alex Tam:
Follow him on Facebook
or email him through alex@zephyrequitygroup.com
Visit their website at zephyrequitygroup.com/
Chris Southerland Jr:
Follow him on Linkedin
Reach him through his email at chrisjr@tryhardcapital.com
Visit their website tryhardcapital.com
Christina Kovacs
Follow her on Facebook and LinkedIn
Visit their website https://www.christinakovacs.com/
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes
“People ask me, what can a VA do? I said, no, the question you should ask is what can a VA not do?” - Alex Tam
“Making actual, genuine relationships with people that you can use to build off of each other and improve each other's lives.” - Chris Southerland Jr.
“It's all these markets that we never considered because it's just unnecessary. Why not? People are making things happen there? Why don't we follow the people who are experts in that area and then build up and then who knows what deals come within that market once you're in that market.” - Christina Kovacs
Welcome back to Small Axe Communities Podcast!
We have reached the end of the second quarter of the year, and in this episode, we are back with the second season and second episode of The Accountability Series. All of these participants have a variety of levels of experience in real estate, but not necessarily in commercial multi-family real estate. And that's what they're looking to do breaking into that space.
Nico meets with each of the participants once a quarter to track their progress. The objective is to see what it takes to become successful in this space over the course of a year. Let’s listen to Bob Mastroianni, Michael Sanchez and Nancy Huynh as they share their Journey with us!
[00:01 - 23:50] Bob Mastroianni discusses the second quarter of his first year of real estate investing.
- Bob focus on managing properties and recruiting the best talent
- He is currently working on recording his 10th episode of his own podcast, which will cover topics such as mindset and routine in business.
- Bob also belongs to an accountability pod where they discuss underwriting deals.
- He shares how he has been growing their business and incorporating health into their success.
- He is also been meditating and working out to improve his lifestyle.
- Bob adds that he has made connections with other successful business owners and gotten advice from them.
- He is currently underwriting deals again and feels that this is the best time to do so
- Follow Bob Mastroianni
-
see links below!
-
Quick Ad: Nico Invites you to join Jake’s & Gino’s Multifamily Mastery 5 in Florida this coming November 2022 If you’re joining, Nico Salgado offers early bird pricing for you! All you got to do is connect and message him through his Instagram, Facebook, and LinkedIn or email him directly at nico@smallaxedcommunities.com to get the code that you can use to avail a discount!
[23:51 - 38:47] Michael Sanchez's Construction Business Continues to Run Smoothly
- Michael Sanchez, discusses his upcoming project.
- Michael says that interest rates are going up, which is affecting their ReFi.
- Michael talks about transitioning out of their construction business and into a full-time real estate investment business.
- Michael says that he's working hard on his upcoming project and that it's going well.
- The company was originally doing flips, but has since shifted to real estate full time
- They are converting a commercial office space into apartments in Albuquerque, New Mexico
- They are currently waiting on 16 people to fill the apartments they have already converted"
- Follow Michael Sanchez
- see links below!
[38:48 - 01:00:48] Nancy's Huynh Real Estate Deal Gets Six Investors
- Nancy was given the opportunity to be a co-sponsor on 132 unit apartments in the Cincinnati market.
- This has occupied a lot of her time and energy for the past couple of months.
- this is one of Nancy's favorite ways to get involved in real estate.
- She made it a personal promise to herself that it would be fun.
- She has been in touch with six other investors so far.
- The deal is under contract and should be finalized within the next few months.
- Nancy, was able to get in most of the investors who did soft commit to place their hard commitments within that week.
- Nancy is still looking for capital and would love for people to join.
- There are still opportunities until the deal closes.
- Follow Nancy Huynh
- see links below!
CONNECT WITH THEM!:
Bob Mastroianni:
Follow him on Instagram
or email him through bobmastro1@gmail.com
Michael Sanchez:
Visit their website https://mtinm.com/
Reach him through his email at michael@mtinm.com
Nancy Huynh, MD
Visit their website https://clearvisioninvesting.com/
You may also email her through: nancy@clearvisioninvesting.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes
“I just want everybody to understand that this is public information, how the property's currently being assessed. And if you call the tax office, they're going to tell you how they assess in some counties, they'll say, okay, we assess properties every five years, or we assess properties every X amount of years. And this is the way we do it.” - Bob Mastroianni
“We didn't know everything we know now. So we were like, we need to save every single penny and we need to sell everything because we're gonna need millions and millions of dollars to take down a project. And now we've learned so much more about leverage that we're able to do a lot more with it.”
- Michael Sanchez
“Everyone always says that they underwrite conservatively, but. Digging deep into the numbers and the assumptions that these operators are making us critical to see if they are actually being conservative and taking the necessary precautions to protect as much as they can against the downsides.”
- Nancy Huynh, MD
Welcome back! And Happy 4th of July everyone! Today we celebrate 246th year of independence but this day also marks our 100th episode! Its not just special day for our country but a special episode for everyone! And with that this episode a very special guest! The one and only Gino Barbaro!
Gino is an investor, business owner, author and entrepreneur. As an entrepreneur, he has grown his real estate portfolio to over 1600 multifamily units & 175 Million in Assets under management.
Gino and his partner, Jake, are teaching others how to do the same through Jake & Gino, a multifamily real estate education company. To date their students have closed 35,000+ units and have$ 1.5 Billion in Deal volume!
He is the best-selling author of three books, Wheelbarrow Profits, The Honey Bee and Family, Food and the Friars. Gino graduated from IPEC (Institute for Professional Excellence in Coaching) where he earned his designation as a Certified Professional Coach. He currently resides in St. Augustine, Florida with his beautiful wife Julia and their six children.
[00:00 - 07:17] Gino Barbara: The Pizza Guy Who Became an Empire Builder
- Gino is the co-founder of Jake and Gino, an investor, business owner, and entrepreneur.
- He has grown his real estate portfolio to over 1600 multi-family units and $175 million in assets, under management.
- Gino, and his partner, Jake are teaching others how to do the same.
- For Jake and Gino, a multifamily real estate education company and to date their students have closed 35,000 plus units and have $1.5 billion in deal volume.
[07:17 - 13:07] How to Succeed in School Without Going to School
- Gino shares that the elites teaches their children three things:
- Reading: Which develops understanding in comprehension.
- Writing: When you know how to read, you’ll be able to write and formulate ideas
- and Reckoning: Which is learning to negotiate and creating an environment for discussions.
- All of those are important for business especially in multi-family
[13:07 - 19:10] How This Entrepreneur's Growth Mindset Allows Him to Do It All
- It is my day-to-day focus to educate myself and help others.
- Gino share’s about his family’s involvement
- Founding Jake and Gino has been a huge part Gino’s success, it allows him to do things he never would have been able to do without it
- living the growth mindset by sacrificing time with his family, working hard, and being willing to take risks.
- Quick Ad: Nico Invites you to join Jake’s & Gino’s Multifamily Mastery 5 in Florida this coming November 2022 If you’re joining, Nico Salgado offers early bird pricing for you! All you got to do is connect and message him through his Instagram, Facebook, and LinkedIn or email him directly at nico@smallaxedcommunities.com to get the code that you can use to avail a discount!
[19:10 - 26:43] How to Succeed in the Multi-Family Housing Industry
- Gino has a growth mindset and is willing to take risks in order to achieve his goals.
- He recommends new investors clear their goals and be educated about the multifamily space before investing.
- He also recommends having accountability in a group of likeminded individuals.
[26:43 - 32:56] How to Start and Grow a Real Estate Business: Join a Group and Take Education
- Gino share’s that you don’t need 20 years in order to grow a business, find someone who has done it and find someone that resonates with you and get started with that education.
- Gino think most real estate is market specific. Choosing one or two markets in the beginning, preferably one, really good market and learn that market really well. Understand the dynamics, the jobs, the population. The cap rates in
[32:56 - 39:03] How to Achieve Success in Real Estate with These Rhythms
- Gino discusses their daily routine, including 15 minutes of work with their team every morning and monthly meetings with all team members.
- Gino talks about how to create rhythms in your business to help you manage it better and scale up, key performance indicators (KPIs) and how to measure them to help optimize their business.
- They talk about how to create a legacy by teaching their children skills that will help them succeed in life.
[39:04 - 40:07] Closing Segment
Connect with Gino visit their website: jakeandgino.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“ I think you need to surround yourself with people that you want to be around. People that have done it before. And you don't want to take 20 years to learn how to do this business. You don't need 20 years. Find somebody who has done it, find a group that resonates with you and start taking that education. And then ultimately as you start focusing on it and doing the education, you'll figure out that multi-family aand most real estate is market specific.”
- Gino Barbaro
Welcome back! Today we are joined by Dave Dubeau, Dave is the creator of the Money Partner Formula, and he works with mom ‘n pop real estate investors and helps them to get started with raising capital. He’s a best-selling author and speaker based in Beautiful British Columbia, Canada. He began his real estate investing career in 2003 doing 18 deals in 18 months and nowadays he invests passively in multi-family properties.
[00:00 - 07:50] Opening Segment
- Dave Dubueau shares that when he was starting out, he tried different methods to raise capital but found them all unsuccessful.
- He now recommends that people begin their search for capital by focusing on their network of friends and family first.
- Having Investors line up first and then finding a deal created the Money Partner Formula
- This process works well for those looking to raise up their capitals.
[07:51 - 16:03] How to Reach Out to Prospective Investors Effectively
- In order to reconnect with potential investors, Dave sends out a few emails, reconnecting on a personal level and reminding them of his past successes in real estate.
- The third email is the transition message, where Dave gives potential investors information about his upcoming marketing efforts.
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He recommends one completed deal as proof of experience and advises against relying on past success alone.
-
Quick Ad: Nico Invites you to join Jake’s & Gino’s Multifamily Mastery 5 in Florida this coming November 2022 If you’re joining, Nico Salgado offers early bird pricing for you! All you got to do is connect and message him through his Instagram, Facebook, and LinkedIn or email him directly at nico@smallaxedcommunities.com to get the code that you can use to avail a discount!
[16:03 - 24:49] How to Raise Capital Easily and Efficiently
- Dave adds that they want to keep it light and get people the gist of what they are doing.
Leaving an impression that they know what they are doing.
- For our clients, having a series of communications is recommended before asking for capital: an investor website, weekly communications, and video logs.
- Having a goal for clients to have a portfolio of properties that generates a monthly profit.
- Helping their clients set up these communications and content
[24:50 - 33:00] Closing Segment
- Dave pointed out that, not to undermine one successful deal, because you are ahead of the 95% General Population that has never purchased.
- Dave also advises that if you’re doing Real Estate it’s our responsibility to educate our friends and family about it.
- Final words
Connect with Dave at: https://moneypartnerformula.com/ and Get a complimentary copy of Dave’s newest book, Money Partner Formula
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“And don't make assumptions because quite often, at least what I've found in life is the people you least expect to be ready, willing, and able to invest are the ones that are, and quite often the people that are all flash ain't got no cash.” - Dave Dubeau
Welcome back! Today we are joined by Hendra Tambunan. Coming as a foreign student to the US Hendra earned his degree from San Francisco state university. After graduation, Hendra worked in pre-IPO start-ups. Fortunately 50 and big for corporations while starting to invest in single-family houses. After investing in single-family on the side to save for his son's college fund, he realized that it's just not scalable fast enough.
It prompted him to start looking into multi-family by late 2018 and finally decided to jump into the multifamily investing world by mid-2009. To date, Hendra has been involved in multiple multi-family projects with more than 1500 units as both general and limited partners. Additionally, Hendra is also involved in commercial-grade short-term rental projects, Hendra along with his wife, mercy also lead the San Francisco chapter of multifamily and the networking group of like-minded multi-family investors besides investing in multi-family as a family, They love to connect and help others who are trying to get into the multifamily investing space.
[00:00 - 07:46] Opening Segment
- Hendra is from San Francisco and earned his degree from San Francisco State University.
- After graduation, Hendra worked in pre-IPO start-ups.
- Hendra and his wife Mercy lead the San Francisco chapter of multifamily and more the networking group of like-minded multi-family investors.
- He shares about his first Dallas deal and working with people he met at Jake and Gino’s Community.
[07:48 - 16:06] Real Estate Guru Shares Tips For Raising Capital
- Hendra discusses the difficulties of raising capital from friends and family for the first deal, and how he learned to be more attentive in presenting his deals.
- He talks about a recent deal he completed where he increased the value of the property by almost double.
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He also discusses how he finds syndications, and how they are usually through networking or through locking up a deal on his own.
-
Quick Ad: Nico Invites you to join Jake’s & Gino’s Multifamily Mastery 5 in Florida this coming November 2022 If you’re joining, Nico Salgado offers early bird pricing for you! All you got to do is connect and message him through his Instagram, Facebook, and LinkedIn or email him directly at nico@smallaxedcommunities.com to get the code that you can use to avail a discount!
[16:07 - 23:16] Box Capital Raising Money for Next Generation of Real Estate
- Hendra's journey in real estate, including how influential people have been to him.
- He is currently raising money for a REFI and returning some of that capital to investors.
- Working with his wife Mercy, Hendra shares how they support each other and make the business grow.
- Hendra has a goal of becoming generational wealthy in real estate. “Idea Box capital” is a name that he coined to describe ideas that come out of the box frequently.
[23:17 – 26:09] Closing Segment.
Find out more and connect with Hendra through his: Facebook visit their website at www.ideaboxcapital.com or email call him at (510) 270-2920
Resources Mentioned:
- Rich Dad Poor Dad
- Now Discover Your Strengths
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
*“Be authentic, You are there not because you want to get in yields, but you are there just because you want to help them and see what’s available out there. And that's the thing that speaks the truth. Your intention is you want to help them.”
- Hendra Tambunan*
Welcome back! Today we are joined by Dan Kreuger, Dan worked in finance for a Fortune 500 company before making the jump into multifamily investing and entrepreneurship. He's never looked back. Together, Anthony and Dan founded Invictus Capital, a multifamily acquisition firm based in Minneapolis, MN that provides busy working professionals with the opportunity to Invest Better. As the hosts of the Multifamily Investing Made Simple podcast and authors of Passive Investing Made Simple, Anthony and Dan are spreading the word that investing doesn't have to be complicated, scary, or overwhelming.
In this episode, we will learn how Dan shares his tips for starting, managing risk, and maintaining your real estate business into a beneficial passive investing. With no further ado Let’s Dive in!
[00:00 - 09:16] Opening Segment
- Dan Kreuger is a co-founder of Invictus Capital
- He was raised in a traditional route, with less money at an average.
- He studied finance and realized it wasn’t serving him well.
- Dan developed a habit reading entrepreneurial books and later on stumble upon real estate and got hooked up with it.
- When he started doing real estate it came natural to him. He find real estate revving im up.
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Dan shares his experience with his first six unit deal.
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Dan has a phobia of being too salesy, and so by default, doesn't want to be that cousin who's selling life insurance at family events.
- He made a conscious effort not to pitch people around him, instead putting up content online that was just real estate 101 informational videos.
- People started asking questions about the content, and it usually ended in them buying the content or learning more about real estate.
- Dan ventually partnered with anthony and created a brand around being the go-to place for real estate education.
[09:17 - 28:15] Tips for Starting a Real Estate Business
- Quick ad: Nico Invites you to join Jake’s & Gino’s Multifamily Mastery 5 on November 2022
-
- If you’re joining, Nico Salgado has an early bird offer for you connect with
Through his website https://smallaxecommunities.com/ or email him directly
nico@smallaxedcommunities.com. Use the code: MASTERY for a discount!
- If you’re joining, Nico Salgado has an early bird offer for you connect with
- You have to start a real estate business to do what we're doing.
- A lot of people actually heard Anthony presented in this context at an event thinking they want to invest in real estate. In reality, the active role is starting a real estate business.
- Dan added that if you ask people who wants to start a real estate business as opposed to who wants to invest in real estate, a lot of those hands go down.
- Passive Investors Want to Know What to Look for in Operator Communication
- Repeat investors typically communicate with operators and what to look for in communication.
-
- There are different types of people out there, it can be difficult to communicate with all of them in a way that is effective.
- Communication is a core key to build a successful business and maintaining that investor and operator relationship.
- It's important to focus on the story when communicating with potential investors, and to be passionate about the deal.
[28:13 - 34:31] Real Estate Investor Tips for Managing Risk
- Some people are scared of real estate investing, and don't understand the risks involved
- To help mitigate this, Dan recommends setting clear risk parameters and discussing them with potential investors.
- He also recommends focusing on the key benefits of real estate, such as the cash flow and tax benefits.
- How the company wants to have the biggest impact possible through its property management and private equity investments.
- Dan’s company hopes to have a lasting legacy by impacting as many lives as possible.
[34:31 – 36:14] Closing Segment.
Find out more and connect with Nick through his: LinkedIn visit their website at Invictusmultifamily.com or email him directly at Dan@invictusmultifamily.com
You may also Listen to his show with Anthony Vincino Multifamily Investing Made Simple
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“I think a lot of people end up finding that they value a heck of a lot more than maximizing how much money they're making is maximizing how efficiently they're using their time. And so I think a lot of people would opt to make 20 to 25% passively than 30 to 35% actively, unless they active. I mean, quit your job. Go start a new business. Cause that's really what it is. You have to start a real estate business to do what we're doing.” - Dan Kreuger
Welcome back! Today we are joined by Nicholas Moore, Nick is a partner in the real estate and private equity practice group handling virtually all transactions involving income-producing commercial real estate. With several years’ experience, Nick represents local, regional, and national developers, owners, syndicators, general partners, limited partners, and investors as they acquire and divest commercial real estate through sophisticated transactions. He uses his experience to provide straightforward actionable and practical advice with the ability to refine clients’ strategies for acquisitions, development, leasing, financing, and joint ventures. In this episode, Nick shares discuss the importance of being actively involved in a business venture. Nick stresses the importance of demonstrating engagement and participation in order to avoid appearing as if one is not involved in a business venture. Let’s Dive in!
[00:01 – 5:13] Opening Segment
- Who is Nick Moore?
Moore started working in commercial real estate five years ago and has since developed a talent for working through real estate documents. - He is a partner at a law firm, Robertson, and specializes in real estate transactional work.
- Nick has transacted over 200 million in transactional volume this year
- He has closed a transaction on Monday for an $18 million deal in Houston
- He has a private equity Joint Venture Partnership
[05:13 - 12:15] How to Draft a Purchase and Sale Agreement
- You can draft up a PSA to document a real estate transaction.
- The PSA is an agreement between the buyer and seller that sets forth the terms of the purchase.
- A Purchase and Sale Agreement is the most formal type of real estate contract, and it is enforceable.
- Make Sure You Don't Lose a Deal in a Seller's Market
- You need to move from LLI to PSA as soon as you can.
- Create a timeframe where the PSA has to be distributed after LOI is executed.
- Don’t accept any offers within that time period.
- Find council you if it’s the first time, you can switch.
[12:16 - 26:03] What to Expect When Joining a JV Partnership
- Disclosure is key on the front end, so try to communicate as much as possible
- Sellers should be aware of timelines and what is refundable before making offers
- Know the structure of the JV before making an offer
- Passive Investing Isn't Necessarily a Bad Thing
- If you're going to syndicate your business, make sure you have a Price Placement Memorandum (PPM)
- If you are a practitioner in a business partnership, there has to be some check and balance and fluidity in order to keep the business running smoothly.
- In order to be successful with the SEC, you need to make sure that you are actively involved in your business, even if you have delegated certain responsibilities to others.
- A member-managed LLC is a way for all of the members to collectively make decisions for the company, similar to how a quarterback by committee works
[26:04 – 30:50] Closing Segment.
- SEC Requires Private Placement Memorandum to Include Comprehensive Disclosure
- The SEC has determined that only accredited investors can participate in private offerings, and the issuer means it's a company issuing the security.
- The Ppm is a disclosure document, and it references the company operating agreement.
- The best way to analogize it is your Ppm is the brochure, and your OA operating agreement is the fine print.
- You're signing a joint signature page to the operating agreement. You don't sign a Ppm.
- Morris believes that patience and gratitude are key virtues and wants his grandchildren to know this about him.
Find out more and connect with Nick through his: LinkedIn or visit their website at www.rfllplaw.com/
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“Try to have it as inclusive as you can upfront so that you're not changing expectations and things because it can, I've seen it sour sellers, and in a seller’s market. That's the last thing you want.” – Nick Moore
“You can find counsel, if it's the first time you can switch to us, if it's your second time, whatever the case may be. But give yourself that opportunity to source that PSA without losing your deal to somebody else who comes in the interim.
– Nick Moore
Luke Leins, a Senior Director oversees Third Party Management growth and expansion in the Florida market. Luke's background includes development, acquisitions, private equity raising, and third-party management. Luke's strategic approach is to partner with ownership groups looking to develop multifamily portfolios by assisting with deal sourcing, underwriting, capital planning, and market research. He also works on strategic management changes to maximize property values for owners. Luke holds a BSBA from Colorado State University and is a Certified Commercial Investment Member (CCIM) and Accredited Investment Fiduciary (AIF).
Join us today as Luke shares his experience working with and investing in businesses, and how living with Zeal is an example of his passion for changing the paradigm.
[00:01 – 11:51] Opening Segment
- Luke describes how he has progressed through a number of different jobs.
- He shares that he is currently in a unique position as the CEO of a real estate development company that is involved in employee benefits and retirement planning.
- Luke talks about ResProp’s Founder Peter Rex shifting their investment focus from traditional multifamily investment into technology.
- Operators Turned for Better Yield
[11:52 – 23:31] Is Technology Making It Easier or Harder to Run a property?
- Technology is changing the way that property management is done and how it could be a game-changer for those who are interested in investing in rental properties.
- Having a full-time staff on-site would be beneficial, but it may not be necessary in the future due to the advances in technology.
- How to work with potential investors in the pre-acquisition phase.
o The market is still in a good place, with high yields and consistent prices.
[23:32 – 30:18] Underwriting a Renovation Project and why is Florida the Newest Place to be.
- Luke underwrites deals for investors and provides market surveys and proformas to help them make informed decisions.
- Luke enjoys the Tampa market and has relocated to Bradenton Florida because of its growth potential.
- Tampa Florida, is attracting businesses and people due to its low cost of living, favorable tax laws, and young population.
[30:18 – 32:50] Closing Segment.
Find out more and connect with Luke through his: LinkedIn or email him at lleins@respropmanagement.com
visit their website at www.respropmanagement.com to learn more.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn,Instagram, andFacebook, or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“I think something that we've been overlooking as an industry is, call it the quality of life or quality of social interaction onsite. So, what I'm thinking is I don't know that we don't need to add more human interaction. Now it doesn't need to be W2 labor, and it can be other residents or something” – Luke Leins
“If you're not going to be 100% fully invested in something, then why do it right?. If we're not going to have 100% zeal in what you’re doing. Either change it or go do something that you're going to be 100% passionate about. So really living with zeal is something that I've been trying to do and that I hope continues to be a part of my identity.” – Luke Leins
When Vinney Chopra came to the United States from India more than 40 years ago, he had only $7 in his pockets. But he knew without a doubt that the opportunities offered by this country were within reach because he had a vision for his life plus the commitment to learn, work hard and sacrifice to achieve those goals.
With a bachelor’s degree in mechanical engineering, he entered The George Washington University to seek a master of business administration degree in marketing and advertising. He sold Bibles and educational books door-to-door to support his studies, excelling both in the classroom and outside because of his work ethic and overwhelmingly positive attitude.
Today, Vinney, is fondly called “Mr. Smiles” because his positive demeanor has created a name of his own as a successful real estate investor. He’s married with two children, Neil and Monica, who have now joined him in managing the business.
In this episode, Vinney shares how to take advantage of the opportunities around us even with market uncertainty, and how having a positive attitude and abundant mindset set you up for success.
[00:01 – 13:23] Investing Beyond Fear: Positive Investment Opportunities during Pandemic
- Vinney’s humble beginnings and how they shaped his attitude toward life
- The story behind Vinney's success in real estate investment
- Vinney’s three (3) tsunamis of real estate
[13:24 – 18:37] Finding Success in Real Estate
- Different types of real estate investments
- How to keep learning in your busy schedule
- What are the differences between Senior Housing and Assisted Living
- Taking advantage of the pandemic market dip
[18:38 – 30:38] Going Above and Beyond
- Why you need to build better relationships in business
- The Senior Living business model that separates Hampton Manor from the rest
- Fun question with Vinney
- Connect with Vinney on the links below
Find out more and connect with Vinney through the following:
Connect him on Linkedin, visit his website, and follow him on Instagram.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“We are so insignificant human beings, we really are, we should have no ego whatsoever, we should learn. Because what's that ego for? You know, and the big thing is when we take the ego out of ourselves, and we don't point outside, we should always point inside, you know, where it goes when we talk, you know, this is not right to that's not right, or, I'm not going to do this because but look at that three fingers are coming at us.” - Vinney Chopra
“God made it that way. When we point to somebody, it's not them, it's us three times more.” - Vinney Chopra
What is it like to have $40,000 in debt and eat ramen noodles and end up with almost $200M in real estate? Today, my guest, Logan Rankin, talks about his new book, "Find Your Financial Freedom." He stresses the importance of financial literacy, not just to build wealth over time, but to protect yourself from inflation and other economic uncertainties.
Logan provides specific steps for building a solid financial plan and discusses how his story has inspired others to chase their dreams. This conversation is packed with valuable advice for listeners of all levels of finances.
Don't miss this episode if you're looking to get ahead financially!
[00:01 – 10:41] From Being in Debt to Achieving Financial Freedom
- Achieving financial freedom by the age of 30
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- Opt to save the money
- Building a property management company
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- Culture is more important than real estate
- What it takes to have a balanced life
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- Develop systems in order to free up time for other pursuits
[10:42 – 25:51] Better Positioning and Strategies to Attract Income
- Focusing on debt and coverage
- Repositioning properties to attract more tenants and income
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- Acquiring more properties will help reduce your risk
- Strategy for debt management
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- Use community banks as a bridge to get your debt to non-recourse
- How books can change your life
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- Have a good financial literacy in order to handle the current economic conditions
[25:52 – 32:18] Reaching Your Full Potential
- Creating great impact through writing
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- Achieve your full potential
- Constantly evolve as individuals
- Connecting with others and building relationships
-
- Provide value
Find out more and connect with Logan through the following:
Send him an email at hello@loganrankin.com, visit his website, and check out his book Find Your Financial Freedom.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“Real estate's not about real estate. When you're building a company, it's actually about business, and it's about culture.” - Logan Rankin
“It's more important than ever to have a good financial literacy because we have things going on right now that are really important to understand.” - Logan Rankin
Anthony Vicino is a best-selling author, real estate investor, and serial entrepreneur committed to helping people maximize their Return on Life. He is the co-founding partner of Invictus Capital, a multifamily acquisition firm based in Minneapolis, MN with $40m in AUM, that provides busy working professionals with the opportunity to Invest Better. As the host of the Multifamily Investing Made Simple podcast and author of Passive Investing Made Simple, Anthony firmly believes investing shouldn't be complicated, scary, or overwhelming.
In this episode, Anthony covers the basics of real estate investing, including what you need to know before buying a property, how to find deals that are right for you, and how to work with your investors to make sure they're getting the most out of your investment.
Tune in to learn everything you need to know to invest confidently in this booming market!
Get a $300 discount for Jake & Gino’s Multifamily Mastery 5! Go to my website, email me at nico@smallaxecommunities.com, or find me on social media for the special link!
[00:01 – 11:55] Transforming People Through Writing
- Anthony Vesino - a best-selling author, real estate investor, and serial entrepreneur
- Finding success as a self-help author focusing on financial transformation
- How the property's marketability changes based on economic data
[11:56 – 20:10] The Elements and Teams You Need to Succeed
- Keep your word, especially when it comes to transactions involving real estate
- A good track record of being reliable helps overcome obstacles in the closing process
- The roles and importance of the sales, support, and customer service teams
- Ways to attract investors and maintain a good relationship with them
[20:11 – 34:18] Why Multifamily is the WAy to Go
- Investing in multifamily over stock market considering risk and tax benefits
- Employing the 1031 tax avoidance strategy without issues
Get a FREE book from Anthony by leaving a review here and shooting him an email!
Find out more and connect with Anthony through the following:
Email: anthony@invictusmultifamily.com
Website: www.invictusmultifamily.com
Podcast: Multifamily Investing Made Simple Book: Passive Investing Made Simple
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“The thing that's really surprising for people is to realize how very few investors you realistically need to be able to raise a lot of capital and get a lot of deals done.” - Anthony Vicino
“Your returns are larger, your risk is lower, and then the tax benefits associated with owning real estate are vastly superior than anything else you get in the stock market.” - Anthony Vicino
Whitney is a successful business owner who has overcome many obstacles in his journey to success. He shares his story, emphasizing the importance of converting clients into investors and having a strong mission. Whitney discusses the process of syndicating his business and how he balances being aggressive with doing due diligence.
In this episode, we'll be discussing how to invest in multifamily real estate, specifically with regards to how to make the most of your returns and avoid some of the common pitfalls that can occur in this market.
Listen in and learn more about Whitney’s story and practical tips to employ. Let’s jump right in!
Get a $300 discount for Jake & Gino’s MM5! Go to my website, email me at nico@smallaxecommunities.com, or find me on social media for the special link!
[00:01 – 09:16] Determination Trumps Credentials
- Starting with neither network nor credibility from the get-go
- How it doesn't have to be easy to start a successful business
- The effects of the 2008 financial crisis on rental values and income
- Achieving success by learning from mistakes and trusting your gut
[09:17 – 22:16] Build Wealth and Provide Security through Real Estate Investing
- The value of following your passion to overcome limitations
- Have some thinking time where you are not pulled in every direction
- The importance of taking risks and cultivating great habits to achieve success
- Sharing your story with honesty to be respected and accepted
[22:17 – 36:49] Strategies for Scaling
- The secret sauce to establish a relationship with a potential client
- Approaching deals, funding and underwriting strategies, and team expansion
- As a business grows, different aspects of running it become more complex
- The importance of feeling grateful for what you have
Find out more and connect with Whitney through the following:
Email: josie@lifebridgecapital.com
Website: https://lifebridgecapital.com/
Podcast: The Real Estate Syndication Show
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“When you can build loyalty with your clients, you can start to do things that nobody else can do.” - Whitney Sewell
“"We don't have to be as aggressive or do a deal just to get that acquisition fee or whatever. We don't have to do that and we don't want to be in that position where we have to do that.” - Whitney Sewell
What it takes to optimize systems is not only a look at how to run the numbers but starting at the hiring process. Mark McGuire has stories and tips to share when it comes to building teams for a business to thrive.
Listen in as Mark shares his story of starting at the bottom and working his way up through hard work and determination to become a successful real estate investor. He also discusses how he transitioned from property management and maintenance to real estate sales and syndication in order to build a lasting empire.
Stick to the end of the show and learn more about Mark’s practical tips. Let’s listen in!
[00:01 – 09:24] Be On the Lookout for Great Opportunities Ahead
- From the ground as a maintenance guy to commercial real estate investing
- Realizing the power of controlling the velocity of your money
- Thoughts on having sophisticated investors participate in these private offerings
- The ideal goal for real estate investors as opportunities for all
[09:25 – 24:01] An Inside Look of Self-Storage Unit Investing
- Light expansions and asset upgrades to create more revenue
- Breaking down self-storage on offers, taxes, insurance, and raising revenue
- How the rates and clients are dependent on your geographic location
- Protocols for maintenance and repairs for self-storage units
[24:02 – 34:58] Building a Successful Culture for a Business That Lasts
- Choosing people having your weaknesses as their strengths
- The value of getting clear on the vision and responsibilities
- The goal is not only to get the best but to retain the best
- Why you should have a vetting process and ensure the right tools
Find out more and connect with Mark through the following:
Email: denise@hfireholdings.com
Website: https://hfirecapital.com/
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“In the commercial game… You could have more control of your valuation, and ultimately the velocity of your money.” - Mark McGuire
“Our whole goal was to bring good people along and bring them up and teach and show them what opportunities exist.” - Mark McGuire
“When it all goes to hell, your core values are going to be what holds your team together, it's the glue.” - Mark McGuire
As real estate investors, should we heavily focus on cash flow? My guests, Fernando Arias and Anna Latysheva argue otherwise as they emphasize the significance of looking into long-term appreciation and reinvestment.
Listen to the gems as they share how they started learning about the space, figuring out what they need to do to be successful, and how they continued to grow the business by acquiring properties. Surely, it will not be an overnight process to achieve success. What matters is the amount of effort you put into it.
Stick to the end of the show and learn more about Fernando and Anna’s journey thus far. Let’s listen in!
[00:01 – 12:13] How Mindset and Abundance Direct to Success
- Shifting the focus on mindset and abundance
-
- Understanding scalability
- Connect and analyze deals to achieve your goals
-
- How to become more comfortable with underwriting
- Acknowledging the value of the community
- Off to learn on your own
-
- Embracing the gradual process of learning
[12:14 – 30:29] The Engineering Experience in Multifamily Investing
- Utilize your experience in the field
-
- Acquiring multifamily properties in Denver
- Finding opportunities through connections
- Legal challenges to face
- The risks of owning a property through a lending program
-
- How borrowing may have more potential pros but also more potential cons
- Why opt for an attorney for guidance
- Face challenges head-on
-
- Investing in low-yield markets
- Aiming for stability and growth in their assets
- Tackling labor shortage
[36:30 – 44:56] Creating Impact in the Real Estate Sphere
- Be self-sufficient and less reliant on the W2s
-
- Earning a decent return on your investment
- How capital and effort matter in the real estate realm
- Fernando and Anna’s plans for future deals
-
- Working in the business vs. working on the business
- The truth about struggling
- Connect with them through the links below
Find out more and connect with Fernando and Anna through the following:
Fernando: reach his phone at 720.682.7249 and email fernando@alfapeakcapital.com
Anna: reach her phone at 941.225.3807 and email anna@alfapeakcapital.com
Website: https://www.alfapeakcapital.com/
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“At the end of the day, it's a business, and there is an aspect of scale to it.” - Anna Latysheva
“Cash flow to them [passive investors] is not so important today, because they might love their jobs, they do not want to quit, but and they don't really care about passive cash flow today. But they want to keep growing and stacking their wealth.” - Anna Latysheva
“It's very easy to work in a business, right? Because you feel like man, I'm responsible for what's happening today. It's really difficult to work on a business where you take a step back and say, Hey, this is what I'm really struggling with.” - Fernando Arias
“We truly believe that everybody's connected, and we're here to do our dues and to make everybody's life better and elevate everybody along the way.” - Anna Latysheva
Welcome back to Small Axe Communities Podcast’s Season 2 of the Accountability series!
We continue to make the first few months of 2022 exciting as we follow the journey of the three other brand new multifamily investors we should look out for.
All of the guests on the accountability series podcast have one thing in common - They all began this journey without having any multifamily units under management. The objective is to track their journey throughout the course of a year to see exactly what it takes to become successful in this space. Nico meets with each participant once per quarter, to get updated on progress and to follow their journey!
Stick to the end of the show and learn more about Michael, Bob, and Chris’ journey thus far. Let’s dive in!
[00:01 – 20:59] Michael Sanchez: A Business that Looks after People
- Mike saved for years before getting to Multifamily
-
- Overcoming limiting beliefs
- What the Adaptive Reuse concept is all about
-
- A conversion from abandonment to multifamily
- Permitting changes
- What Mike’s team looks out today
- Mike and his sweet wife’s amazing role in the company
-
- An invaluable part of the company
- MTI’s story
- How do they keep up with all they do
- The current deals they do and operate on
- Michael’s book title: People Helping People
- Connect with Mike in the links below
[21:00 – 43:01] Bob Mastroianni: Consider your comfort
- Bob was there when the market crashed
-
- His strong foundation led to multifamily today
- “Monopoly Plan”
- You can’t retire off a single deal done
-
- Millenials have less barriers
- “You can’t shovel the sunshine”
- People that Bob wants to partner with
-
- The deals that Bob considers
- Bob’s plans for this upcoming quarter
- Bob’s book title: The One Who Broke the Chain
-
- He never thought that he could own a home
- Connect with Bob through the links below
[43:02 – 01:04:56] Chris Southerland Jr.: The best way to turn your life around is now
- A struggling young man who sought financial freedom
- Why Chris wants to do more with real estate
-
- His journey matters more than his destination
- “I will” instead of “I hope so”
- Chris takes his steps to changing the world little by little
- What made Chris changed his mind
-
- He entered college to “delay” life
- The Aha! Moment: his friend’s death
- Chris’ plans for his future deals
-
- His target market
- Earning while learning
- A partnership with his dad
- Balancing two great commitments
-
- What Chris’ routine looks like
- Reading books and listening to audiobooks
- Chris’ book title: How my Grandpa used persistence to change the world
- Connect with him through the links below
Find out more and connect with Michael, Bob, and Chris through the following:
Michael: reach his phone at 505 507 2358
Bob: follow him at Instagram, Facebook, and LinkedIn
Chris: follow him at LinkedIn, or shoot him an email at chrissoutherlandjr@gmail.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“The more she [his wife] fell in love with the multifamily space and the flipping, the more she was able to insert herself and now she’s just an invaluable part of our company. Without her, we wouldn’t get this done.” - Michael Sanchez
“We built the company around the company. Our mission statement, our vision, is one with a family mission statement and vision statement.. It’s a constant re evaluation that the most important thing in life is being looked after.” - Michael Sanchez
“I think there’s definitely a really strong place for someone on a team who wants to get the deal and bring it to the table and then go get the next one.” - Bob Mastroianni
“One of the lessons that I learned so far is that it’s good to be open to any opportunity but you really do need to figure out what your criteria is and what’s going to work best for what you’re looking for.” - Bob Mastroianni
“Decisions don't matter. What matters is how we execute.” - Nico Salgado
“It’s with realizing that there’s more to life to make your own purpose up and you can take control of yourself and lead where you want to go.” - Chris Southerland Jr.
Welcome back to Small Axe Communities Podcast’s Season 2 of the Accountability series!
We’re starting 2022 with a bang as we start to follow the journey of 6 brand new multifamily investors. All of the guests on the accountability series podcast have one thing in common - They all began this journey without having any multifamily units under management. The objective is to track their journey throughout the course of a year to see exactly what it takes to become successful in this space. Nico meets with each participant once per quarter, to get updated on progress and to follow their journey!
Stick to the end of the show and learn more about Alex Tam, Nancy Huynh, and Christina Kovacs. Let’s dive in!
[00:01 – 21:54] Alex Tam: The Diligent Chiropractor turned Investor
- We get to know more about Alex the Chiropractor
-
- Realizing early on that this is a team sport
- Alex’s current approach to deals and his future partnerships
- Alex’s big goals for 2022
-
- How Alex plans to cover their living expenses
- Alex’s tips to others: it’s all about connection
- Alex’s core values you should also apply to you
- Alex’s book title: Generational Impact
- Connect to Alex in the links below
[21:55 – 41:20] Christina Kovacs: Overcoming Limited Beliefs
Here’s a bit about Christina:
Christina has been a Realtor in Florida since 2010 and Broker/Owner of The Home Agency since 2014. Her experience in the Real Estate industry started when she was 20 years old as a loan officer in the subprime mortgage industry. Apart from the servicing side of RE, she has been an active real estate investor since 2010. To date she has flipped or held >$5 mil in residential real estate holdings throughout FL, VT & CT. She is currently focused on growing her multifamily portfolio and is an LP in 670 units. She holds a BA in Philosophy with a minor in Business Admin from FIU. She is an avid traveler with a love for hosting great parties and lives by the motto "Find it. Live it." Sitting on the sidelines and hoping to achieve a goal won't get you anywhere. Take action and keep progressing forward.
- Let’s get to know Christina and her journey early on
-
- Why she liked Jake and Gino community
- Christina wants to do capital raising this year
-
- How the switch happened
- Her loving family’s help and support
- Her plans for this year for her deals
-
- Christina loves boots-in-the-ground deal
- Excitement for syndication opportunities
- Christina’s book title: She Found It and Lived It
- Connect to Christina in the links below
[41:21 – 01:05:16] Nancy Huynh: Don’t wait for courage to take action
Here’s a bit about her:
Nancy is a physician, eye surgeon, and impact real estate investor. As an ophthalmologist, she helps people see better so they can regain their identity, dignity, and vision for the future. Nancy started investing in real estate to create passive income, hoping to regain control of her time and stop trading time for money. She currently owns and operates a real estate investment portfolio in the Atlanta area.
She founded Clear Vision Investing to not only grow her own portfolio but also to help others realize the power of real estate investing. She is passionate about helping others, especially physicians, gain financial literacy and achieve financial security through real estate investing.
As an impact investor, Nancy believes that real estate investing can deliver attractive financial returns while also making a positive social impact. Part of the profits from her company is donated to give the gift of sight to someone in need. Using real estate, she’s on a mission to cure preventable blindness globally.
Nancy is a graduate of Yale University and Harvard Medical School. She currently lives in Atlanta, Georgia with her amazing husband and two young daughters.
- Let’s get to know more about Nancy
-
- Nancy shares where she is currently in the journey
- Handling her main job and her real estate passion
- Jake and Gino community resonates with Nancy
- Success principles from Nancy
-
- Action generates courage
- There’s never failure just feedback
- How nancy handles her current and future deals
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- Getting out of her closet
- Nancy’s book title: Making an Impact one day at a time
- Connect to Nancy in the links below
Find out more and connect with Alex, Christina, and Nancy through the following:
Alex: Call or Text him at 707 416 2681, Shoot him an email at tamws8@gmail.com and reach out to his Facebook, and check out http://www.ZephyrEquityGroup.com/
Christina: Call or text her at 305 746 2783, shoot her an email at Kovacsmultifamily@gmail.com check out her website www.christinakovacs.com. Find her on social media by searching her name.
Nancy: Shoot her an email at nancyhuynh28@gmail.com. Don’t forget to check out her website https://clearvisioninvesting.com/
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“One of the things that I learned from the Get-Go is that Real Estate is a team sport. My wife and I realized we can’t do this on our own.” - Alex Tam
“One of my core values is being inspirational, having the discipline and accountability and seeing that in everybody that’s been huge and I would love to continue doing the work with our current operators and people who have the same true values, mission and vision.” - Alex Tam
“This group makes what seems impossible possible. It’s so rewarding and inspiring just to be part of the group. [Jake and Gino Community]” - Christina Kovacs
“There is a growth mindset in that community that is contagious. That really attracted me to the Jake and Gino community.” - Nancy Huynh
“You’re not gonna get from step 1 to 10 overnight. Maybe you got to step 5, but that doesn’t mean you can’t get there to step 10.” - Nancy Huynh
Today’s special guest is Ryan Dumas. Ryan has been in the hospitality industry for 25 years. He has vast knowledge in Apartments/Hotel/Assisted Living/Gas Station for Acquisitions, Refinancing, Investing, and consulting.
Stick to the end of the show and learn more about Ryan’s healthy approach to Real Estate business and his personal life.
[00:01 – 11:11] Opening Segment
- Branding and building network is Ryan’s strength
- What’s with the lending space?
-
- What happens in the market in the future
- It changes weekly
- Some advices on bridge loans
-
- Be careful and be diligent!
[11:12 – 19:41] Expert tips from Ryan
- The difference between amortization on commercial loans
-
- Agencies and community banks
- Things to consider when picking a market
-
- Your network is your net worth
- Put yourself out there!
- Make sure you look and act professional
- Invest in a coach
-
- Your growth is backwards if you don’t have a coach
[19:42 – 26:19] The current deals Ryan is working on
- Make sure you are with the right people
-
- Other’s years of experience are worth listening to
- What 2022 looks like for Ryan
-
- His big ideas and travel goals
- An intentional approach to living life
-
- Loving and caring for your family while you can
- You can’t bring back time. Give it to your family.
[26:20 – 29:36] Closing Segment
- Ryan Dumas: The Provider
- Final words
Text or Call Ryan at: 727 729 2647
Shoot him an email at rdumas@grpcapital.com
Follow Ryan on LinkedIn, and Facebook
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“I think it's about branding yourself and building a network. That’s where I am good at.” - Ryan Dumas
“Make your resume look good. It doesn’t have to be a postcard or something, but make sure it looks good because the banks are going to see that.” - Ryan Dumas
“I really recommend getting a coaching program... Whoever you get, make sure you get a coach that’s good for you. It’s really good to have coaches, mentors, it’s not just about spending money, it’s spending money for something that you want to do to help you pursue where you are going.” - Ryan Dumas
“We don’t know when our last day is going to be.” - Ryan Dumas
1031 Exchanges can be stressful. Deadlines, how it works, new markets, and many other factors make 1031 Like Kind Exchanges (also called the Starker Exchange) confusing.
Many investors want more cash flow, want a safe investment but don’t have the resources or direct knowledge to start or complete an exchange. Alex is a multifamily agent in Kansas and Missouri that ACTUALLY works with buyers. He has built a system around helping buyers succeed. Learn how cities of Kansas and Missouri have become such a great market to invest in, how you can establish boots on the ground, and complete a simplified approach to ensuring your exchange entails as little stress as possible. Hear what questions you should ask, how to keep the conversation going, and how to build a long lasting relationship in a cash flowing market.
As a commercial real estate investor himself, Alex understands the frustrations of not being able to locate off-market deals, not finding deals that have cash flow, and running into dead ends. Once you have an agent, learn how to build out your team, identify the core components of getting a transaction done, and get your deal across the finish line. Having helped clients complete over $50mm in sales through 35+ transactions, Alex is an expert in helping 1031 Exchange clients. Alex and his Colleague Logan Freeman are taking real estate brokerage to the next level. They have developed a proven system for helping 1031 exchange clients identify cash flowing deals, develop a trusted team, and ensure that your 1031 exchange money is secure.
Thank you for tuning again for today’s show! Let’s get into it.
[00:01 – 14:30] Opening Segment
- How Alex got to where he is today
-
- The desire for more control found in Real Estate
- Losing his job was a blessing in disguise
- What is 1031 Exchange?
-
- The rules that exist with 1031 exchange
- What properties can you buy
- Transferring from single family to commercial deals
- What to do when things go downhill
[14:31 – 22:07] A Deep dive into the 1031 Exchange
- What is a qualified intermediary?
-
- Location doesn’t matter
- A trustworthy person is needed
- What Alex does to help his clients
- How Alex gets deal flow of sellers and buyers
[22:08 – 27:34] A market in your backyard
- How Alex follows up with those whom he calls
-
- The applications and the strategy
- Kansas City market
-
- What Alex likes about it
- What’s currently happening in Kansas?
[27:35 – 30:11] Closing Segment
- Alex’s book: Wake Up, Work Hard
- Final words
- Connect with Alex:
Checkout his website, https://xchangecre.com/ and follow and subscribe to his socials: LinkedIn and Bigger Pockets
Shoot him an email at alex@XchangeCRE.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“Identify 3 properties early on in your identification period in your 45-day window, and we say that for a couple of reasons. One is: what if you get hit by a bus tomorrow and you’re in the hospital for 60 days?” - Alex A. Olson
“The qualified intermediary that I like for our clients is located in California because again, it’s agnostic. It doesn’t matter where you’re located.” - Alex A. Olson
“It’s a long process of relationship building.. Real Estate is a relationship business, and how you cultivate those relationships is going to determine your success. I’m talking about a long term success here in the Real Estate world.” - Alex A. Olson
“The first thing you ask yourself if you want to be an investor is: what market is in my backyard?” - Alex A. Olson
Today, I discuss an important matter worthy of conversation.
This time eventually comes for investors. If you want to have an active role in your multifamily team, prepare yourself for this because eventually, this reality just comes by and punches you in the face.
Thank you for tuning again for today’s show! Let’s get into it.
[00:01 – 01:57] Opening Segment
- It’s been a while since I last had a solo show!
-
- Let me share you my stories every once in a while, from now on
- Today: Let’s get down to what happened at a deal I lost
[01:58 – 13:28] What happened with that deal
- The things we liked and the things we didn’t like
-
- A good steal of an offer in Florida
- Taking matters into our own hands
-
- Doing the due diligence through inspections
- What we discovered through inspections
- Why we do what we do
[13:29 – 17:04] The response to the matter at hand
- A tight budget can’t make solutions possible
- Making the final attempts
- things might end up happening again in the future
-
- An unwillingness to negotiate
- Renovations are a must
[17:05 – 21:51] Closing Segment
- This happens more often than you know
-
- Months of work were thrown to waste
- Wanna get punched in the face? JUST DO IT!
- Final words
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Tweetable Quotes:
“It was definitely a strange situation, but these are things that we could come across as operators looking to enhance value add deals. We look for these Mom and Pop deals that are kind of not as efficient as they can be and we go there and we increase, enhance efficiency, raise rents, to where they should be, providing really nice housing for people.” - Nico Salgado
“I cannot tell you how many properties this happens on. This is commonplace if you are looking to be a general partner or you’re looking to manage deals, if you’re looking to be an active operating member of a multifamily team.” - Nico Salgado
“This is part of it. Months of our time, $6,000, a ridiculous amount of hours put into these meetings and effort and energy, on top of all of our full time jobs. We were pulling strings just to make this work months of our time and now all of a sudden, it falls through. - Nico Salgado
“You need to love it because you’re going to get the shit kicked out of you a lot, and this is just part of it.” - Nico Salgado
Are you stuck in the Matrix? Many of us are silently asking ourselves, is there more to life?
Jerome Myers (a/k/a "J") is a developer of people and places. He is the founder and Chief Inspiration Officer of two ventures. DreamCatchers is a boutique coaching firm that supports first and second-generation wealth creators to self actualize and attain transcendence, and The Myers Development Group, where we help ordinary people invest in multifamily real estate in a way that creates generational wealth.
Through these entities he gets to live out his childhood dreams of helping people manifest the things they imagine and he is the evidence that dreams should be real. 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. His company, The Myers Development Group, built a multi-million-dollar portfolio following the principles of Myers Methods.
This success has led to him being featured on top podcasts such as Best Real Estate Investing Advice Ever with Joe Fairless, Apartment Investing with Michael Blank, Multifamily Investor Nation with Dan Hanford, Target Market Insights with John Casmon, and many more. Although he's often told that he makes investing look easy, the people closest to him know the road wasn't without challenges. So, he created Myers Methods, a real estate education company, to dispel many of the myths related to the industry and educate investors on his 4-step process to owning and operating apartments.
Let’s dive in!
[00:01 – 11:14] Opening Segment
- A successful corporate America drop-out
- Jerome’s funny first deal story
-
- A rehab-er with no W2
- Coaching others to do their escape plan
[11:15 – 19:50] Exiting the Corporate World
- 2 ways to do the transition
- Emotional adjustments as you exit
- How Dreamcatchers helps out people
-
- How the system works
- Mitigating self-destructive habits
- Mentoring does not need to be abrupt
-
- Wait for them to be ready!
[19:51 – 28:17] Understanding the grave reality
- A problem with the system
-
- A burden hard to understand
- Be careful with sketchy teachers
- Remember: You “marry” with your partners
[28:18 – 32:10] Closing Segment
- Jerome’s book title: Take the Red Pill!
- Final words
Tweetable Quotes:
“What I never wanted to be in was a situation or someone I’m helping to exit corporate America is under the feeling that you have to buy a deal, only because they think that is the way to bring food on the table.” - Jerome Myers
“Let that sink in: we are addicted to paychecks.” - Jerome Myers
“We want to reduce stress so that you don’t get to the place where you once settled.” - Jerome Myers
“Many people don't understand the burden associated with navigating deals .” - Jerome Myers
Connect with Jerome:
Shoot him an email at jeromemyers@gmail.com and follow him on LinkedIn
Check out Jerome’s website https://www.jeromemyers.co/
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
“Podcasting is better than radio, change my mind!”
An entrepreneur at heart, Kevin is always on the search for the next big innovation that can help solve problems and make life easier for everyone. Kevin left his corporate sales job in 2021 to help podcasters get their shows out to their audience on a consistent basis.
Let’s dive in!
[00:01 – 11:43] Opening Segment
- Kevin is a creative, inventive person
-
- Screw the Side Hustle
- There was a hassle with production
- Teaming up with others to solve production problems
-
- Same mission, drive, and focus
- Why podcasts?
-
- On the downtrend and uptrend of radio and podcasts
- Podcast is very powerful
[11:44 – 23:00] Multifamily Real Estate Podcasts are essential
- Conversion rates are higher because of podcasts
-
- Partnerships become more effective
- How to get started
-
- Kevin gives some podcast statistics
- Take note of the free resources mentioned by Kevin
- Get coached by a podcast expert
[23:01 – 29:05] Knocking down the limiting beliefs
- Having guests on each podcast episode is an opportunity to learn
- More content, more success
-
- Consistency is important
- Can I really do this?
-
- JUST DO IT!
- Get over what you need to get over
- You do have a message to share
-
- Somebody is waiting for you to speak
[29:06 – 36:45] Growing your podcast
- Be a guest on someone else’s podcast
- Promotions are your holy grail
- Reuse and repurpose
- On monetization
[36:46 – 40:04] Closing Segment
- Kevin’s book title: “The Man Behind the Message”
- Final words
Tweetable Quotes:
“How do we let podcasters focus on what they do best, which is creating content?” - Kevin Mills
“Podcasts have been around for quite a while, but they really took off in the past 3 years.. Let’s be honest: at the end of the day, podcasting is far superior with radio.’” - Kevin Mills
“There are lots of tools out there that you can utilize [for your podcast.]” - Kevin Mills
“Business owners value their time, and they value maximizing their time. Podcasts can be one of the best ways to maximize your time.” - Kevin Mills
Connect with Kevin:
Shoot him an email at kevin@streamlinedpodcasts.com
Follow him at LinkedIn
Get ahold of Streamlined Podcasts production services, and read awesome tips and techniques you can use for your podcasts through the blog.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Ever heard someone geek about something? Today’s guest is the Mad Scientist of Multifamily Real Estate, Neal Bawa.
Neal Bawa is a technologist who is universally known in real estate circles as the Mad Scientist of Multifamily. Besides being one of the most in-demand speakers in commercial real estate, Neal is a data guru, a process freak, and an outsourcing expert. Neal treats his $508 million-dollar portfolio as an ongoing experiment in efficiency and optimization. The Mad Scientist lives by two mantras. His first mantra is that We can only manage what we can measure. His second mantra is that Data beats gut feel by a million miles. These mantras and a dozen other disruptive beliefs drive profit for his 440+ investors.
Neal serves as the CEO / Founder at Grocapitus, an iconic, data-driven commercial real estate investment company. Grocapitus’ 28 person team acquires and builds multifamily & commercial properties across the U.S. With more than 440 active investors and over 2,000 reviewing our projects, the Grocapitus portfolio currently spans across 10 states with 22 projects (1 sold) and 3,300 units/beds. The powerful Grocapitus brand has a cult-like following of data-driven investors. The result - Completed equity raises of $146 million* for Multifamily, Mixed-Use, and Industrial acquisitions in the last 18 months, over 3,000 units purchased. Grocapitus is on track to close another 1,500 units in the next 12 months.
Let’s dive in!
[00:01 – 06:20] Opening Segment
- Neal Bawa shares more about his work these days
- A blockchain Real Estate introduction
-
- The immutable, untouchable bitcoin idea
[06:21 – 14:39] Deeper into the Tokenization of real estate
- A backend infrastructure
-
- Attempts to make Real Estate liquid
- The backend called blockchain
-
- Ethereum is a smart contrast
- The dawn of tokenizing assets
- The timing now is critical
- What Real Estate tokens can and can’t do
[14:40 – 25:23] Convergence of technology and real estate transformation
- How do we easily get investors into this conversation
-
- Everything is going to be different from now on
- What are we tokenizing?
- This stuff REALLY works for Real Estate
- The process for investors and syndicators getting to blockchain
-
- It might be a disadvantage in a few years
- More and more people are getting on it
[25:24 – 29:34] Closing Segment
- Instant gratification is powerful
-
- The high cost involved
- You Live and Die by the Numbers
- Final words
Tweetable Quotes:
“Stocks are liquid, and real estate is not.” - Neal Bawa
“The word ‘decentralize’ is very key to bitcoin.” - Neal Bawa
“More and more people realized that blockchain is superior.” - Neal Bawa
Feel free to connect with Neal through:
https://grocapitus.com/neal-bawa/
https://multifamilyu.com/about/
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Denis began investing in real estate in 2012, when the market was just beginning to recover from the GFC (Global Financial Crisis). He built a cash flowing portfolio including many alternative assets, such as Note and ATM funds, mobile home parks, life insurance policies, tech start-ups, Industrial property, short term rentals, and more. He co-founded an investment club for accredited investors in 2019. Following the success of his investor club he launched SIH Capital Group. SIHCG provides accredited investors with a simplified strategy to invest for passive income.
Denis has observed key changes in the alternative asset market in the decade of recovery from the GFC. The JOBS Act of 2012 opened many alternative assets up to everyday investors, but clear expertise and guidance is still hard to find nearly a decade later.
This observation compelled Denis to write The Alternative Investment Almanac: Expert Insights on Building Personal Wealth in Non-Traditional Ways in 2021. His book is based on his own experience becoming a successful alternative asset investor and interviews with some of the best alternative asset investors in business today.
If you see Denis’ work relevant to you, feel free to connect with him through the links below.
Let’s dive in!
[00:01 – 11:30] Opening Segment
- Welcome back to another awesome episode!
- I introduce our guest, Denis Shapiro
- Connect with Denis through the links below
- Denis shares how he got into the Real Estate space
- What Denis really enjoyed about investing
- Please don’t skip becoming an LP!
[11:31 – 30:40] Alternative Housing is a Sustainable Key to Investment
- Denis’ Private Investment Club
-
- Leaning on each other’s investment expertise
- The reason why SIH loves affordable housing
- Property Managers are essential
- Project-Based vouchers are best ways to fill vacancy
- When is eviction considered?
- On Tax Abatements Denis and team walks into
- SIH’s Income Fund and other investments
[30:41 – 35:51] Closing Segment
- “Yesterday Doesn't Exist, Tomorrow Never Comes, Today is Today.”
-
- Denis’ grandfather’s story and his will to live
- Connect with Denis through the links below
- Final words
Tweetable Quotes:
“I do get excited about Alternative Investments in general, but mainly Commercial Real Estate. I love the fact that each property is its own unique business plan.” - Denis Shapiro
“It will be nice to have exposure in my own personal portfolio, but being able to take advantage of that collective knowledge.” - Denis Shapiro
“You need a Property Manager that can easily see what the vouchers look like, when and what to do with it.” - Denis Shapiro
Shoot Denis a message through email and follow his LinkedIn at https://www.linkedin.com/in/denisshapiro/
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
John Geldert is the Founder and managing partner of GMG Investment Properties. Prior to going full time into real estate investing he was involved in the construction industry for over 22 years. He started buying single-family homes in 2003 and is now focused on value-add multi-family. John currently owns 85 doors and is an LP in another 460 units and has been successful in executing over $15 million in Real Estate transactions in his personal portfolio. John’s passion for Real Estate has existed since he was a young boy. His perseverance and dedication to succeed along with always providing excellent services to the community have made him a successful business owner. Along with being a Real Estate Investor he is the proud father of two girls and owner/operator of GMG Inspections, a licensed Home Inspection company established in 2013.
If you see John’s work relevant to you, feel free to connect with him through the links below.
Let’s dive in!
[00:01 – 07:04] Opening Segment
- Welcome back to another amazing episode!
- I introduce our guest, John T. Geldert
- Connect with John through the links below
- John introduces himself to us and how he got into Real Estate
- All about assets not liabilities, and delayed gratification
- Rich dad, poor dad is a mindset book
[07:05 – 21:46] Living by example, and truly doing it
- John’s Pennsylvania market projects
- Executing the BRRR strategy in 2015
- Leveraging your retirement savings
- Why is Pennsylvania a good market
- AirBnB considerations
- Loving passivity and freedom
- John’s partnerships and employees
- What does John see on 2022 and in the 5 years to come
- Build your network and net worth
- What’s up with Mobile Home Parks?
[21:47 – 24:50] Closing Segment
- John wants to be honored through the book: “Get in after it”
- Connect with John through the links below
- Final words
Tweetable Quotes:
“I didn’t waste money. I just saved money because I knew that I don’t wanna work past my 40’s, right? That was my goal.” - John T. Geldert
“At the end of the day, there’s so many ways to get paid from Real Estate.” - John T. Geldert
“95 is the new 75.” - John T. Geldert
Give John a call through 516 359 0539
Connect with John through Facebook, Instagram, and email him at JohnGHomes@outlook.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
In search of portfolio diversification, Ryan started investing in real estate in 2017 and soon discovered he had stumbled upon a journey of growth through entrepreneurship that would last a lifetime. His experiences include land transactions, fix and flip projects, and small multifamily development.
He is the founder of Stream Stack Investments, a private equity firm focused on acquiring and revitalizing cash-flowing commercial real estate assets in growing markets. He is invested in 228 units as a limited partner and manages a personal rental portfolio.
In addition to educating fellow healthcare professionals about the power of real estate, his passions include spending time with his wife and son and lifting weights. He holds an M.S. in Anesthesiology from Baylor College of Medicine and is a mentee of the Jake and Gino Multifamily Academy. He is a practicing Nurse Anesthetist in Houston, TX.
Let’s dive in!
[00:01 – 10:39] Opening Segment
- I introduce our guest, Ryan Johnson
- Connect with Ryan through the links below
- I introduce our guest to the show
- Ryan shares about his first deals and mentorship experience
- The desire to build a business for yourself
- Why does Ryan love syndications
[10:40 – 27:00] The Limited Partner Life
- How long did it take before Ryan got into his syndication deal
- Finding his niche in 6 months
- Cultivating an LP list as fast as possible
- Ryan’s many roles in a team
- How often are asset management calls
- An end to a rehabilitation process
- What are distributions like
- Ryan’s 2022 in a nutshell
- Tactics to reaching out to people
[27:01 – 30:06] Closing Segment
- “You Decide Who You Are”
- Connect with Ryan through the links below
- Final words
Tweetable Quotes:
“You need to find your investor avatar.” - Ryan Johnson, CRNA
"What can I bring to an established investor that already has a track record?.” - Ryan Johnson, CRNA
“The only person that gets to decide who you are is you.” - Ryan Johnson, CRNA
Connect with Ryan through LinkedIn, Facebook, and shoot him a message at ryan@streamstackinvest.com
Don’t forget to go to Ryan’s website: www.streamstackinvest.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Welcome to today’s show! Today’s amazing guest is Clay Helper.
Clay Hepler is a fiancé, multifamily investor, educator, and cash flow specialist. He is the creator and the host of the popular business and investing podcast, Creative Capitalist.
Clay is also the Chief Wealth Strategist of Creative Capitalist, a wealth creation firm helping clients in 50 states implement wealth creation strategies to empower them to create, protect and multiply their cash flow. His goal is to help 10,000 entrepreneurs and real estate investors in their plan in reaching financial independence by December 25th, 2024 so that they can live their legacy today on their terms.
Clay challenges existing belief systems and misinformation around concepts such as money, saving, investing, wealth and retirement. He helped my family's business go from 2 states to 42 in 18 months and set the foundation to have a partnership with Geoffrey Zakarian, the Iron Chef from Chopped the TV Show and owner of many successful restaurants across America.
He is the Director of Acquisitions for a wholesaling and flipping company that did over 50 deals in its first year. He has purchased 13 multifamily units in a little over 13 months.
Most importantly, he’s the Chief Wealth Strategist and CEO of the Creative Capitalist and podcast host. He empowers entrepreneurs, executives and real estate to create, protect and multiply their cash flow. This system positions their money in savings to earn uninterrupted compound interest while they can simultaneously put it into assets that multiply it. In other words, they can make their money work in two places to accelerate their path to financial freedom and abundance.
[00:01 – 17:35] Opening Segment
- I introduce our guest, Clay Hepler
- Connect with Clay through the links below
- How Clay got to where he is today
- A process of change and looking to do more
- Changing the narrative
[17:36 – 35:57] Clay shares his experience and knowledge
- 13 Units in 13 Months
- The glory of infinite banking
- Selling insurance plans
- Being your own bank is beneficial!
- Setting up your own policy
- Winning the game through speed
[35:58 – 40:59] Closing Segment
- Clay’s book title: “The Giver”
- Connect with Clay through the links below
- Final words
Tweetable Quotes:
“I never was interested in business, I was like, “I just wanna be in policy, I just wanna be a political theorist” like all these super non-applicable to real life sort of pursuits.” - Clay Hepler
"He [Clay’s mentor] taught me what rich people did differently.” - Clay Hepler
"I didn’t want the life that I had growing up.” - Clay Hepler
"Whatever your investor DNA is, follow that.” - Clay Hepler
Find out more and connect with Clay through his podcast and email him at clay@creative-capitalist.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Welcome back to the show! Today’s guest is my dear friend Travis who has been one of our first guests in the show. I am glad to have him the second time around.
Here’s some interesting about Travis:
Travis is an experienced real estate investor and managing partner of Freeman Equity with over $40M in assets under management. He has 25 years of experience in real estate investing in several markets across the United States in both the residential and commercial spaces. He focuses on cash-flowing properties to create significant passive income for investors. He is a Software engineer by trade and has spent over 25 years in IT management positions for several Fortune 500 firms including Apple. He applies that experience when identifying investment opportunities and markets.
Travis comes from blue-collar roots in Saginaw, Michigan. After the General Motors plant that employed his parents were shut down in the mid-seventies the family was forced to migrate to Sacramento, California in pursuit of the American dream. His parents worked diligently to purchase their first single-family home and ultimately a portfolio of over 30 homes in the area. It is during this time that he learned the work ethic for finding the best deals and the power of investing in cash-flowing real estate. He currently resides in Elverta, California with his wife of over twenty years, three children, and one grandchild.
Travis has presented at companies like One Finance, ECMC, & Apple where he teaches employees how to generate passive income while minimizing their tax liabilities in order to achieve their financial goals. Let’s dive a little deeper and learn more from Travis!
[00:01 – 07:05] Opening Segment
- I introduce our guest, Travis Gibson
- Connect with Travis through the links below
- Travis shares about his previous and current deals
- Important lessons
[07:06 – 30:49] Mr. Take Profits
- The rumors of interest rates going up
- What to do when you look at data
- Having to see a deal for yourself
- Travis tells the investors everything he knows about
- On walking away from deals
-
- Take care of the investors!
- Travis’ Houston deals
- Projecting and closing deals
- Bad things about generational wealth
- How to be aggressive with deals
- Travis talks about his other investments
- The equity machine
- Make capital in safer assets
- Checkout the calculator and ebook Travis made!
[30:50 – 36:08] Closing Segment
- Travis shares his plans for 2022
- Connect with Travis through the links below
- Final words
Tweetable Quotes:
“2021 is a very interesting year for me.” - Travis Gibson
"You do not want that bank account to be low when something happens and you need capital.” - Travis Gibson
"Thanksgiving is difficult if you lose your uncle’s, your grandparents, or your parent’s money.” - Travis Gibson
Find out more and connect with Travis through email travis@freemanequity.com
You can also follow his Facebook, LinkedIn, and his website https://freemanequity.com/
Travis isn’t also hard to find on Instagram, TikTok, and Twitter, just look for @freemanequity
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Larry D. West III is a managing partner of Precision Business Strategies where he leverages 8+ years of experience in the public accounting sector to help business owners maximize profits, minimize taxes, and build personal wealth. His specialized knowledge comes from his niched experience working as a tax and business strategist across different industries and platforms.
He strongly believes that the foundational understanding of entity structure, financial metrics, and tax strategy are critical to any organization's success. Together with the Precision Business Strategies team, Larry focuses on providing advanced creative strategies.
[00:01 – 09:08] Opening Segment
- I introduce our guest, Larry D. West III
- Connect with Larry through the links below
- Larry shares how he got into the space
- Meet with your tax and financial strategists
- Dynamic, on-going, strategic planning
[09:09 – 36:50] Larry sheds light on these matters
- What is Passive Income?
- Reinvesting Capitals for future deals
- What is the best strategy for reinvesting?
- The Alternatives
- What is Deferred Sales Trust?
- The thing called depreciation reduction
- Tax Calculations and Capital Gains
- Should I have an entity formed as an Active Investor?
- LLC matters
- Inheritance for children
[36:51 - 40:34] Closing Segment
- Connect with Larry through the links below
- Final words
Tweetable Quotes:
“Don’t leave; continue to reinvest and grow that portfolio.” - Larry D. West III
"If you look at Real Estate, that’s Passive Income because that’s tax efficient.” - Larry D. West III
Find out more and connect with Larry through email larry@pb-strategies.com
You can also connect with him through his LinkedIn, Instagram, Facebook, and his website https://www.pb-strategies.com/
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Let’s welcome the guests to today’s show, Gemma Wood, Joey Arico, and Jhae Antoc.
All of these guests on the Accountability Series podcast have one thing in common — They all began this journey without having any multifamily units under management. The objective is to track their journey throughout the course of a year to see exactly what it takes to become successful in this space.
Nico meets with each participant once per quarter, to get updated on progress and to follow their journey. Now, we’re in the fourth and final quarter for the year 2021, and we are more than happy to hear how they have been so far this year.
This is the last Accountability Episode for 2021, so please tune in throughout the episode to learn more about their inspiring journey throughout the year.
We’ll resume the Accountability series next year at the end of the first quarter.
[00:01 – 00:55] Opening Segment
- Welcome to the very last episode of our Quarterly Accountability series for the year 2021
- Connect with our guests through the links below
[00:56 – 21:55] Jhae Antoc’s Year in Review
- Jhae is so grateful and thankful
- An enthusiastic beginner: learning how to Property Manage
- Shiny objects are everywhere!
- Underestimating and Overestimating what you do
- Nobody said it was easy
- Things do take time!
- There's not one size that fits all
- What deals does Jhae do at the moment
- Connect to Jhae through the links below
[21:56 – 41:18] Gemma Wood’s 2021 Wrap-Up
- Every day is so fast
- Gemma shares what she did throughout the last year
- Deciding better than beginners
- A time-tracker to keep your momentum going
- All this work is never for nothing
- Having a growth mindset
- This is an infinite game
- Understanding other people’s point of view
- Connect to Gemma through the links below
[41:19 – 01:00:07] Joey Arico’s Astounding Year
- What has Joey been working on for the past months
- Joey is still underwriting
- It takes time to understand what we do
- Joey’s company and what they look for
- The ebb and flow process and journey
- Real Estate is a people business
- Contracts and competitive markets
- Joey’s plans and goals for 2022
- Connect with Joey through the links below
[00:00 - 01:00:07] Closing Segment
- Final words
Tweetable Quotes:
“Whenever you have great coaching, whenever you have great people and they have your best interest at heart, you have to follow that and you have to say yes.” - Jhae Antoc
"Man, I have everything right now. Everything else is just an opportunity to grow, and I got to do that in 9 months. I don’t know. It looks like I’m jumping from shiny objects to shiny objects.” - Jhae Antoc
"It’s crazy how a week, a day, or a month passes by when you’re not doing things and you’re distracted. Like, it’s very easy to lose track of time as well.” - Gemma Bark-Woods
"You have to remember whatever you keep doing now, if you didn’t do that, you wouldn’t know what a good deal looks like.” - Gemma Bark-Woods
"I am in the face of executing deals.” - Joey Arico
"At first, it was more of a “let me bring some deal to you,” now it’s “what are your goals? Are your goals cashflow or are your goals wealth-preservation?” - Joey Arico
___________________________________________________________________________
Find out more and connect with our guests through their email
Jhae Antoc - jhae_antoc@yahoo.com
Gemma Bark Woods - gemmabark@gmail.com
Joey Arico - jarico14@gmail.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Welcome back to today’s show!
Let’s welcome the guests to today’s show, Chad, George, and Brian.
All of these guests on the Accountability Series podcast have one thing in common — They all began this journey without having any multifamily units under management. The objective is to track their journey throughout the course of a year to see exactly what it takes to become successful in this space.
Nico meets with each participant once per quarter, to get updated on progress and to follow their journey. Now, we’re in the fourth and final quarter for the year 2021, and we are more than happy to hear how they have been so far this year.
Please tune in throughout the episode to learn more about their inspiring journey throughout 2021.
[00:01 – 01:11] Opening Segment
- Welcome to the last episode of our Quarterly Accountability series for the year 2021
- Connect with our guests through the links below
[01:12 – 23:26] Brian Hemedinger’s 4th Quarter Round-Up
- Brian focused on Capital Raising and Multifamily Real Estate
- Striving to build a known brand
- Brian shares what he feels today in retrospect
- Building consistency at what you do
- Being ambitious
- Brian shares how has the website been so far
- What gets Brian excited about Real Estate these days?
- What is Brian’s 2022 going to look like?
- Brian shares his personal goals
- Let’s meet Brian again for an episode next year
- Final Words
- Connect with Brian through the links below
[23:27 – 45:31] George Rodriguez’s 4th Quarter Story
- George shares more into what he does this quarter
- Embodying a Real Estate investor personality
- What scares George in the Multifamily space
- Converting fear into motivation
- How George does cold-calling
- The deals George currently does
- How has the 10 pick up deal of George going
- George learns underwriting
- What’s in for George in the future
- George’s focus in 2021: Broker Relationship
- Final Words
- Connect with George through the links below
[45:32 – 59:55] Chad Tucker’s Journey for 2021
- Chad touches up where he is today
- Strong business relationships with brokers
- How is Chad’s deals so far
- Chad does due diligence
- Chad shares how he purchased a deal from a trusted broker
- Reading is recharge
- Losing is gaining
- Chad’s current schedule
- Final Words
- Connect with Chad through the links below
[59:56 - 01:00:32] Closing Segment
- Final words
Tweetable Quotes:
“I did not achieve the things I thought I would achieve, but I learned a lot of things I didn’t anticipate learning.” - Brian Hemedinger
"I love to see people succeed.” - Brian Hemedinger
"Change your perspective on how you look at it. It’s always going to be there [fear] but use it as your fuel.” - George Rodriguez
"The contact rate is higher [with cold-calling].” - George Rodriguez
“I really try to build long-term relationships with brokers.” - Chad Tucker
“This industry is not a one-man sport.” - Chad Tucker
____________________________________________________________________________
Find out more and connect with our guests through their email
Brian Hemedinger - brian.hemedinger@gmail.com
Chad Tucker - tuckerholding@gmail.com
George Rodriguez - Jorge@gojorge.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Welcome back to today’s show!
Let’s welcome the guests to today’s show, Andre and Ike.
Who is Andre Evans?
A native of Chicago, Illinois, Andre joined a gang on the South Side of Chicago at the age of 12. After years of violence through fights, drive-by shootings, and other actions, Andre decided to pursue a better path in life. In 2016, he graduated from the U.S Naval Academy at the top of his class with a degree in Engineering and became an MIT Fellow and Truman Scholar. Today, Andre is an Active-Duty Supply Corps Officer, experienced in accounting, sales, and the management of over $3.8 million in high-value assets.
Andre’s journey into real estate started when he bought his first $2 million dollars 4 unit property in the Pacific Beach Submarket of San Diego. One month later he participated as a Limited Partner in a 7 unit Syndication deal in Coronado. Today, Andre owns 91 doors as a GP actively hosts a meetup group called “San Diego Opportunity Knocks – Real Estate & Financial Freedom” which has a total of over 355 members and is the host of the “Multifamily by the Slice” real estate podcast. He is also an expert on the San Diego rental market and was featured on KUSI News San Diego to talk about the economic outlook of real estate trends, housing, and rent growth within San Diego.
He is the Founder and CEO of “That’s My Property”, a real estate business that specializes in the acquisition of value-add apartment complexes that not only provides investors with lucrative, stable returns to achieve financial freedom, but that provides financial education and outreach to young adults and youth in underserved communities.
Who is Ike Ekeh?
Ike Ekeh, MBS/MSF, is a career investor across several asset classes. He is the lead portfolio manager and equity strategist at a boutique investment firm with 9 figures of assets under management. Sins obtaining an undergraduate degree in accounting and two graduate degrees in business and finance, he has spent his professional career investing in equities on behalf of high net worth clients and a real estate portfolio on behalf of his family. He deeply understands investing across all asset classes and has a passion for the hands-on investment opportunity real estate provides. His portfolio currently consists of holdings in the Phoenix, AZ, and Cleveland, OH MSAs. He is currently shifting his regional focus to the southeast with a 39 unit deal under contract in the Nashville, TN MSA and expanding his business to provide opportunities for investors to take part in his real estate projects moving forward.
Please tune in throughout the episode to learn more about their inspiring journey!
[00:01 – 10:23] Opening Segment
- I introduce our guest, Andre and Ike
- Let’s get to know our guests
-
- Andre shares more into his story
-
- Living life with no regrets
- Making it past 21 years old
- Ike shares more into his story
-
- Ike’s family story
- Finding self back in the Real Estate business
- What Andre and Ike does together right now
- Connect with our guests, Andre and Ike through the links below
[10:24 – 17:21] Andre Evans: Real Life and Real Estate Experience
-
How Andre got started on the Real Estate Space
-
“Do you know what multifamily is?”
-
Moving forward by moving his mom’s home to Phoenix
- Andre shares about his Christian background
- The syndication “kindergarten”
- Getting educated about the multifamily niche and strategies
- Connect with our guest, Andre, through the links below
[17:22 – 29:19] Ike Ekeh: Confident Leveraging of others Properties
- Ike shares how he got into the Real Estate business
- Shredding resources into his ears, mind, and heart
- Ike was more interested in single family homes
- Ike taught himself how to underwrite
- Not investing locally
- The confidence to do deals all over again
- Joining the Jake and Gino Investment Group
- Connect with our guest, Ike, through the links below
[29:20 – 42:50] The Struggles and Successes with the 75-Unit
- The things Ike learned
-
- Little to no time with the property
- Platforms Andre used to work on the property
- Relationships developed with the work
- Being mentally prepared
- Legal connections and preparations
- Showing up on Social Media
- Andre’s musings
-
- He wished he could have built more Social Media presence
- Developing and establishing relationships with people
- Committing without planning
- Documenting what you do and what you learn
[42:51 - 49:39] Closing Segment
- Andre’s Story: “Fearless”
-
- A purposeful driven life
- Ike: “There Was No Limits”
- Connect with Andre and Ike through the links below
- Final words
Tweetable Quotes:
“I did a lot of things that I’m not silly proud of but at the same time I really don’t have regrets, because they really made me value a lot about life, and I used a lot of principles as a gangster in Real Estate.” - Andre
"I wouldn’t have it any other way different. I’m so glad that I did not invest locally.” - Ike
"I gained not only the knowledge but the confidence to do it all over again.” - Ike
"The real leverage in Real Estate is leveraging other people’s time, and other people’s experiences.” - Ike
“Don’t throw away all the shots even though you have all the slots.” - Andre
_____________________________________________________________________
Find out more and connect with Andre through his Facebook, Instagram, and LinkedIn
Connect to Ike through his Website: www.rubiconcre.com
And on his Facebook, Instagram, and LinkedIn
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Brandon is a Certified Public Accountant, national speaker, and is the Founder/Managing Partner of The Real Estate CPA.
Brandon works with real estate investors, syndicates, and private equity funds to optimize tax positions and streamline accounting and business functions. He believes that real estate investing is critical to building sustainable and generational wealth. Brandon worked at PricewaterhouseCoopers and Ernst & Young prior to launching his own CPA firm, Hall CPA PLLC (The Real Estate CPA).
Through the knowledge gained by working with real estate investors, Brandon has built a real estate portfolio of 25 units consisting of multi-family, single family, and short term rentals. Please tune in throughout the episode about Brandon’s inspiring journey!
[00:01 – 10:00] Opening Segment
- I introduce our guest, Brandon Hall
- Connect with Brandon through the links below
- We’re talking taxes today!
- Brandon shares how he got into the space
- Why does Brandon like Real Estate for tax purposes
- Figuring out life-hacks to live with a purpose everyday
[10:01 – 37:30] Real Estate Taxes
- How people reach out to Brandon
- When does the Tax Planning deal start
- Get tax planning when you know you need it
- 1031 Exchanges
- Cause for Concerns for Real Estate Investors
- Tax Amendments in a tough time
- Syndication Tax Benefits
- Be careful with savvy investors
- Suspended passive losses are still beneficial
- How long does suspended losses stay
- Profit and Loss Allocation
- Is it possible to be working a W2 and become a qualified real estate professional?
- What is a real estate professional?
- The desire to be a real estate professional
[37:31 - 40:24] Closing Segment
- The Man Who Changed the Accounting Industry
- Connect with Brandon through the links below
- Final words
Tweetable Quotes:
“A lot of people complain about AirBnB but, I don't think people realize how incredible it is that all you have to do is take 30 photos, write a description, and people are gonna come book the property from all over the world.” - Brandon Hall
"Every dollar that you earn goes into one of two buckets. You have the passive income bucket and a non-passive income bucket, also considered as active income.” - Brandon Hall
Find out more and connect with Brandon through his Facebook and his website https://www.therealestatecpa.com/
You can also email him at brandon.hall@hallcpallc.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Welcome back to another solo episode!
Today, I’ll be sharing with you the wonders of underwriting. This episode is dedicated to those of you who have been asking questions about how to underwrite deals. Again, my main objective here is to provide you with valuable information about the wonders and the caution you ought to have in mind when starting underwriting deals.
Please tune in throughout the episode if you would like to hear more about this interesting topic called Underwriting. If you have any questions related to underwriting, feel free to message me through the links provided below. Keep sharpening your axes!
[00:01 – 01:52] Opening Segment
- Today’s show will be a solo episode!
- I introduce the topic for today’s episode
- Connect with me through the links below
[01:53 – 16:19] Underwriting is interesting
- This is the most important aspect of deal acquisition!
- What Underwriting is used for
- Building the A-Team: Who, Not, How
- On Deal Acquisition
- See if a deal is a good investment
- Be educated on how to underwrite
- Time to do your Homework
- General terms to underwrite with
- Some additional points to consider
- Remember: don’t get tied up in one property!
[16:20 - 17:43] Closing Segment
- Connect with me through the links below
- Final words
- Download my Passive Investing Cheat Sheet! Visit my website through the link, below.
Tweetable Quotes:
“You’re not allowed to just be a nerd and live or hide inside a spreadsheet behind the scenes, typing and getting into all the numbers. You have to build key relationships if you’re gonna land into a deal.” - Nico Salgado
“You need to have a great relationship with your business partners.” - Nico Salgado
“LPs are not your go-to [people] when underwriting a deal.” - Nico Salgado
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Kim Lisa Taylor, Esq., is the founder of Syndication Attorneys PLLC, a boutique corporate securities law firm that helps clients nationwide with their federal real estate securities offerings. In addition to her work with the firm’s clients, Kim is a nationally recognized expert in the securities industry and a highly sought-after speaker, instructor and author. She has written numerous articles on the subjects of syndication, corporate securities and raising funds from private investors. Many of her articles have been published in nationally distributed magazines and trade journals.
Kim regularly presents educational programs and conducts training at entrepreneur, real estate investing and crowdfunding conferences to help investors understand the complexities involved in raising private money and to keep them on the right side of the law. She has taught groups of all sizes and experience levels how to structure offerings with private investors and how to legally advertise (crowdfund) their offerings.
Make sure to tune in until the end or reach out to Kim through the links below to know more about this topic!
[00:01 – 04:15] Opening Segment
- I introduce our guest, Kim Lisa Taylor, Esq.
- Connect with Kim through the links below
- Kim shares how she got to where she is today
- The focus of Kim’s business: setting up real estate syndications and funds
[04:16 – 17:31] Defining some important Syndication terms
- What are syndications?
-
- The difference between a joint venture and a syndicate
- Defining the terms
- The two types of exemptions under regulation B
-
- The options under the exemptions
- The country club offering
- What are Accredited and Sophisticated investors?
[17:32 – 42:10] Clearing some questions we have
- Quantifying what is a substantive relationship mean
- Making sure we are safe in compliance with the SCC
- Important questions to ask to who we speak to
- What happens to the profits in sales
- On Giving back capital
- The benefit of syndications
- How the management teams get paid
- Protecting yourself legally
- The tax fees you need to remember
- When is it too late to do syndications
- Recommendations and guidance on splits
[42:11 - 48:18] Closing Segment
- Parting Questions
- Kim’s biography: “Kim Lisa Taylor: How She Made a Difference”
- Connect with Kim through the links below
- Final words
Tweetable Quotes:
“It is more about the quality of the relationship and not the quantity of time that you have known someone.” - Kim Lisa Taylor Esq.
“Suitability goes beyond just their financial status.” - Kim Lisa Taylor Esq.
“Deals are hard right now. You see people doing 80-20 deals. The bigger the deal gets, maybe the smaller their percentage.” - Kim Lisa Taylor Esq.
Find out more and connect with Kim through their company website https://syndicationattorneys.com/
Follow her Facebook and LinkedIn, and email her at kim@syndicationattorneys.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Mike Taravella Jr. is a CPA turned full-time real estate investor. He went from working with Dan Gilbert's startups to asset managing over $150M in multifamily assets throughout the Southeast. Over the years, he has acquired over $30+M in real estate.
It has been a long time since we had my good friend, Mike in this show! He was Small Axe Community’s very first guest. He coached me for a year where we spent week by week having a meeting and learning about my real estate career. You can surely learn more about this walking spreadsheet, so make sure to tune in until the end or reach out to him through the links below to know more about this topic!
[00:01 – 05:51] Opening Segment
- I introduce our guest, Mike Taravella Jr.
- Connect with Mike through the links below
- I met Mike personally for the first time in a year!
- I let Mikey share how he has been in the past few year
- Mike’s one cut above the rest
[05:52 – 32:10] Catching Up with Mike
- Getting deals to the finish line
- Develop a good relationship with your brokers!
- Mike shares highly-recommended books you ought to read
- Tools on structuring a deal
- Buy a good deal - escape nightmares!
- Expectations for deals on their year one
- Investor’s appetite and making sure they are a right fit for you
- Taking the time to educate people
- Build-to-Rent trends
- Mike on underwriting techniques
- Getting in line with your Property Manager + having the right team
- Invest while you learn
- What’s 2022 going to look like for Mikey
[32:11 - 35:57] Closing Segment
- From the “Game Changer” to “There are no limits” sequel
- Connect with Mike through the links below
- Final words
Tweetable Quotes:
“The biggest thing is just being accountable to your investors, with yourself, and with the team.” - Mike Taravella Jr.
“I don’t want to buy a deal just to buy a deal, I want to feel very confident that we can’t hate our expectations, because if you buy a bad deal, it will be a living nightmare.” - Mike Taravella Jr.
Find out more and connect with Mike through his email at miket@randcre.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
We have lots of listeners here in the Small Axe Community who are interested in starting to invest in Multifamily deals. There are lots of facets to Multifamily Real Estate investing that every novice investor must be aware and educated about, and today’s episode is filled with the strategies and important tips for you to start out well in the game.
Please tune in throughout the episode if you would like to hear more about the strategies and techniques that you ought to do in starting with investing in multifamily deals, and do not forget to connect with me if you are ready to get started in Multifamily investing!
[00:01 – 01:30] Opening Segment
- Today’s show will be a solo episode!
- I introduce the topic for today’s episode
- Connect with me through the links below
[01:31 – 16:26] The Strategies: My Cautions and Encouragements
- To you who want to start small
- House-hacking is risky
- On managing properties efficiently
- Partnerships - who should you partner with?
- There are not a lot of good deals
- Becoming a member of a GP Team
- Be hyper focused on a specific asset class
- Get educated and prepare to spend lots of time
- You will need to put a lot of time and effort into it
- Syndications
- Earn while you learn
- On Active Investing and Passive Investing
- You can connect with me if you have questions
[16:27 - 18:14] Closing Segment
- Connect with me through the links below
- Final words
Tweetable Quotes:
“Real Estate is a really good way to supercharge your wealth.” - Nico Salgado
“If you have capital to put into a deal, you are already ahead of the game.” - Nico Salgado
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Tony Castronovo, Founder & Managing Partner of Novo Multifamily Group, is a multifamily real estate investor with over 7 yrs experience in acquisition, underwriting, contract negotiation, due diligence, syndication, capital raising, construction & renovations, operations, asset management, and overall asset strategy implementation. Tony is also a seasoned management consultant (previously with Ernst & Young), utilizing 25 yrs of experience advising clients on project portfolio investment management. He holds higher education degrees in Engineering and Construction Management.
Tony’s seasoned experience brings us a fresh perspective about the fear one might have in engaging with the reality within the Real Estate industry. What’s good about hearing Tony’s story is that we are encouraged to push forward and not back down! Please tune in throughout the episode about Tony’s inspiring journey.
[00:01 – 05:50] Opening Segment
- I introduce our guest, Tony Castronovo
- Connect with Tony through the links below
- Tony shares about his Real Estate journey
[05:51 – 27:24] The Fears and Joys Tony conquered
- Single Family journey with Tony’s family
- Why Tony likes Real Estate
- On fear and apprehensions with Single family and Multifamily
- Tony’s 20-unit IRL property
- Cleaning up the resident base by repositioning properties
- Being present
- How Tony leveraged into having a 60-unit property
- Touring a property from a client’s perspective
- Tony’s latest property project and partnerships
- Business plan for the 60-unit property
- Tony’s strategies during COVID-19 pandemic
[27:25 - 30:14] Closing Segment
- “How You Do Anything is How You Do Everything”
- Connect with Tony through the links below
- Final words
Tweetable Quotes:
“I like the business of Real Estate. It’s something that makes a lot of sense, it’s not very complex.” - Tony Castronovo
“The power of Real Estate goes in so many different directions.” - Tony Castronovo
Find out more and connect with Tony through his Facebook and Email
You can find out more about Novo Multifamily Group here http://novomultifamilygroup.com/
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Vince’s real estate experience began early in life. His family has always shared the value of property investments, passing on the knowledge and the assets from generation to generation. After he graduated from Santa Clara University with a degree in Business Management, he started his career in Risk Management for construction and development. He found himself getting close to different development projects, contractors and seeing how the property landscape was rapidly evolving in the Bay Area. He started investing in syndications right out of college, seeing the power that equity growth could bring. He eventually became a Partner and Owner at his Brokerage after growing his client base and adding significant value to his firm.
He has built a meaningful network of like-minded real estate entrepreneurs and had success with his acquisitions across the domestic U.S., targeting markets that are poised for growth. He plans to bring the same level of success he has seen from these efforts to his client base at Laurence Rose Capital, so they all can share in the promise of building generational wealth for their families. Vince is an active Member of the Board of the Santa Clara University Bronco Builders Association, Construction Financial Managers Association (CFMA), and United Contractors Association. He is also passionate about giving back, active as a contributing board member with a number non-profit and community organizations aimed at supporting education and healthcare in the Bay Area.
We can surely learn a lot from Vince, so make sure to tune in until the end or reach out to him through the links below to know more about this topic!
[00:01 – 12:53] Opening Segment
- I introduce our guest, Vince Scolari
- Connect with Vince through the links below
- Vince is a Jake and Gino Community member as well
- Vince’s grandparents saw the developments of Silicon Valley throughout the decades
- Real Estate lesson from Vince’s grandparents
- Educating himself more than “following the leader”
- Vince’s first investment was a downturn
[12:54 – 27:15] Aaaaa
- The Hard Lessons Vince Learned
- Unsafe Hazards and Heart burns
- Where Vince focuses in currently
- Commercial Space as a unique market
- New learning experiences
- What Vince enjoys doing in the Real Estate industry
- Exciting opportunities at Vince’s hand
- Vince’s projects for next year
- Talking to younger inventors and entrepreneurs
- It takes time to convert investors and business growth
[27:16 - 30:25] Closing Segment
- If Vince’s descendants wrote a book about him: “Community”
- Connect with Vince through the links below
- Final words
Tweetable Quotes:
“I wouldn’t trade it for the world, the experience was worth every penny.” - Vince Scolari
“People see the value, yet also there are people who are protective of what they don’t know. It’s our job to talk about what they don’t know and get them as comfortable as possible.” - Vince Scolari
“Businesses are in a very slow moving sales cycle.” - Vince Scolari
Find out more and connect with Vince through his email vscolari2@gmail.com
And visit his website https://laurencerosecapital.com/
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Justin is The Cash Flow Pro! As an elite engineer turned multifamily real estate investor, Justin loves to use his God-given strengths to help others. Justin is most active in the acquisition of mom-and-pop multifamily assets and holds a professional real estate license in Indiana and Michigan. Justin is an avid believer in the POWER OF PROXIMITY and that YOUR NETWORK IS YOUR NET WORTH. In less than 1 year since leaving corporate America, Justin has closed over $4.2MM in real estate sales and his first apartment building deal. At 26 years old, Justin encourages everyone to invest in real estate for retirement - whether that be actively or passively.
I hope that through this inspiring episode, you get ahold of yourself and make what seems to be very impossible, possible. If you are interested in learning about why Proximity is powerful and getting valuable things from Justin Wawrzyniak, make sure to tune in until the end or reach out to Justin through the links below to know more about this topic!
[00:01 – 16:53] Opening Segment
- I introduce our guest, Justin Wawrzyniak
- Connect with Jonathan through the links below
- Justin got a unique background - he was quite rebellious
- His corner where he did reflections that turned his life around
- The importance of having high-achieving friends
- Full transition to Real-Estate
- Justin’s pent of fear of transition - being an investor is NOT easy
- Being deeply moved by the crowd favorite book
[16:54 – 32:26] Getting to the bottom of the Power of Proximity
- Buy things that will pay for you!
- The confidence to do the transition
- Literally starting from the bottom - Justin’s basement life
- Justin finding the true purpose of his passion
- Justin didn’t want to wait - he looked for the best partners
- Justin’s current projects with his team
- Building relationships with who you connect with
- The system Justin and his team uses for leads and deals closing
-
- Connect to Justin to grab ahold of his offer through his links below
[32:27 - 35:53] Closing Segment
- Justin Wawrzyniak: Not Perfect, but the Best Man I Could Be
- Connect with Justin through the links below
- Final words
Resource Mentioned:
- Rich Dad, Poor Dad
Tweetable Quotes:
“I made a mistake: now, what am I going to do about it?” - Justin Wawrzyniak
“I was scared at first, but once doing it, I already know how to create income for myself. It doesn’t matter what the economic state of the country is, I can still get out there and hustle, and provide for myself and not have to depend on employment.” - Justin Wawrzyniak
“Buy things that will pay for you; buy businesses, buy real estate, buy things that can pay you, instead of continually throwing your money away buying liabilities.” - Nico Salgado
Find out more and connect with Justin through his email at justin@justinwawrzyniak.com
and follow his Facebook, Instagram, YouTube, and LinkedIn
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Justin is The Cash Flow Pro! As an elite engineer turned multifamily real estate investor, Justin loves to use his God-given strengths to help others. Justin is most active in the acquisition of mom-and-pop multifamily assets and holds a professional real estate license in Indiana and Michigan. Justin is an avid believer in the POWER OF PROXIMITY and that YOUR NETWORK IS YOUR NET WORTH. In less than 1 year since leaving corporate America, Justin has closed over $4.2MM in real estate sales and his first apartment building deal. At 26 years old, Justin encourages everyone to invest in real estate for retirement - whether that be actively or passively.
I hope that through this inspiring episode, you get ahold of yourself and make what seems to be very impossible, possible. If you are interested in learning about why Proximity is powerful and getting valuable things from Justin Wawrzyniak, make sure to tune in until the end or reach out to Justin through the links below to know more about this topic!
[00:01 – 16:53] Opening Segment
- I introduce our guest, Justin Wawrzyniak
- Connect with Jonathan through the links below
- Justin got a unique background - he was quite rebellious
- His corner where he did reflections that turned his life around
- The importance of having high-achieving friends
- Full transition to Real-Estate
- Justin’s pent of fear of transition - being an investor is NOT easy
- Being deeply moved by the crowd favorite book
[16:54 – 32:26] Getting to the bottom of the Power of Proximity
- Buy things that will pay for you!
- The confidence to do the transition
- Literally starting from the bottom - Justin’s basement life
- Justin finding the true purpose of his passion
- Justin didn’t want to wait - he looked for the best partners
- Justin’s current projects with his team
- Building relationships with who you connect with
- The system Justin and his team uses for leads and deals closing
-
- Connect to Justin to grab ahold of his offer through his links below
[32:27 - 35:53] Closing Segment
- Justin Wawrzyniak: Not Perfect, but the Best Man I Could Be
- Connect with Justin through the links below
- Final words
Resource Mentioned:
- Rich Dad, Poor Dad
Tweetable Quotes:
“I made a mistake: now, what am I going to do about it?” - Justin Wawrzyniak
“I was scared at first, but once doing it, I already know how to create income for myself. It doesn’t matter what the economic state of the country is, I can still get out there and hustle, and provide for myself and not have to depend on employment.” - Justin Wawrzyniak
“Buy things that will pay for you; buy businesses, buy real estate, buy things that can pay you, instead of continually throwing your money away buying liabilities.” - Nico Salgado
Find out more and connect with Justin through his email at justin@justinwawrzyniak.com
and follow his Facebook, Instagram, YouTube, and LinkedIn
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today’s guest is the wonderful Jonathan Goldhill who is a masterful business coach and personal strategist specializing in guiding next-generation leaders of family businesses to scale up their business as they take control over the leadership and ownership of the family business. Jonathan left New York for California at age 20 after his family's large, privately-held men's apparel manufacturing company - started by his great-grandfather - sold to a conglomerate in its third generation of family ownership. Within ten years, Jonathan had established himself as the go-to expert for entrepreneurs looking to find their version of freedom. Today, Jonathan brings thirty years of experience to his clients advising, coaching, consulting, training, and guiding entrepreneurial and family businesses.
This really interesting episode is essential for those of you who want to learn more about business coaching, and might be incredibly helpful for you who have family businesses. If this episode is something that you might be interested in, make sure to tune in until the end or reach out to Jonathan through the links below to know more about this topic!
[00:01 – 12:09] Opening Segment
- I introduce our guest, Jonathan Goldhill
- Connect with Jonathan through the links below
- Jonathan, at first, was a surfer but not on the water
-
- His first business led him to have his MBA
- Jonathan discovered he wanted to mentor others
- Jonathan has been mentoring others for 30 years now
- Jonathan is passionate about helping others while having freedom
- Expounding on the health and dynamics of a family business ownership
- Family businesses are just like regular businesses
- Jonathan shares a story about a family business he worked on
[12:10 – 21:58] More into Family Business Coaching
- Jonathan shares the process and steps when he coaches
- The methodology Jonathan does to process the problem
- Jonathan acts as a Business Therapist
- Better people, better dynamic, better health
- Jonathan shares how his clients relate with each other
- The Number 2 person in the leadership
- Finding the complement for your business
[21:59 – 36:00] Jonathan’s Book: The Disruptive Successor
- Jonathan wrote this according to his experience
- Revealing the story of his family and himself
- The story of how Jonathan found his way to doing what he love
- The framework Jonathan shares to further your business success
- Jonathan’s mission is to help the successors not be disruptive
- What parent’s jobs are in the lives of their children
- The 7 P’s
[36:01 - 39:44] Closing Segment
- Jonathan wants to be seen as someone who was a guide to others
- Connect with Tim through the links below
- Final words
Resource:
- The Disruptive Successor
Tweetable Quotes:
“They needed mentoring. The parents kind of knew that what got the business to where it is today wasn’t going to get their son or daughter to that next level.” - Jonathan Goldhill
“Family businesses are just like regular businesses, there’s just the added dynamic of the interpersonal relationships and the history of the family.” - Jonathan Goldhill
“The family is the ultimate business unit.” - Jonathan Goldhill
Find out more and connect with Jonathan Goldhill through his email at jon@thegoldhillgroup.com and checkout their website at www.DisruptiveSuccessor.com and www.TheGoldhillGroup.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Welcome back to Small Axe Communities Podcast!
We have reached the end of the third quarter of the year, and in this episode, we are back with the third episode of The Accountability Series. All of the guests on the accountability series podcast have one thing in common - They all began this journey without having any multifamily units under management. The objective is to track their journey throughout the course of a year to see exactly what it takes to become successful in this space. Nico meets with each participant once per quarter, to get updated on progress and to follow their journey!
Let’s listen to Gema Wood and Jhae Antoc and tap into their inspiring stories.
[00:01 - 22:54] Gemma Wood: Balancing Life and Real Estate
- Gemma shares how she has been for the past 6 months
- Gemma got married! Gemma Bark is now Gemma Wood
- Working with husband in deals - perfect match
- What Gemma likes about Las Vegas market
- Strategies on finding and having a client and closing a deal
- First steps as a new investor
-
- Looking for a market
- Getting to the deal faster
- Gemma’s exciting future plans and deals
- How to connect with Gemma
-
- See links below.
[22:53 - 43:54] Jhae Antoc: A Hope for Nurses
- Guest recaps how he has been for the past three months
- Social Media has been a very helpful tool to connect
-
- Wanting for his co-nurses to have a better, secured future
- Met Jake and Gino and other best people
- Doing what helps to bring others get ahead of life with him
- Helping nurses live a fulfilling life and better life
- More into savoring how nurses are important
- Jhae does what really matters much for him
- Jhae’s upcoming podcasts and projects
- How to connect with Guest
-
- See links below.
Tweetable Quotes:
“Finding and understanding who wants what and finding the best deals for those people.” - Gemma Wood
“How can I help other people and how can I help my other colleagues get to a point where I’m at right now? Since I’m a chapter ahead of them, how do I bring them with me?”. - Jhae Antoc
Find out more and connect with Gemma and Jhae through the following:
Gemma: Facebook and Email:gemmabark@gmail.com
Jhae: Facebook , Instagram and Twitter @jhaeantoc
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Welcome back to Small Axe Communities Podcast!
We have reached the end of the third quarter of the year, and in this episode, we are back with the third episode of The Accountability Series.
All of the guests on the accountability series podcast have one thing in common - They all began this journey without having any multifamily units under management. The objective is to track their journey throughout the course of a year to see exactly what it takes to become successful in this space. Nico meets with each participant once per quarter, to get updated on progress and to follow their journey!
Let’s listen to Brian, George, and Chad and tap into their inspiring stories.
[00:01 - 28:17] Brian Hemedinger: The Switch to Capital Raising
- Brian shares his shift to Capital Raising
- Brian has an overall LLC - Maebar Capital
- What Brian’s Capital Raising journey has been so far
-
- Building a legitimate and high-level Website
- Some notes on productivity
- Thoughts on creating his own podcast
- More on Multifamily Investment
- Personal Conversations and Connections
- Growth Mindset only
- Just doing what you need to do
-
- Learning comes from just doing it
- How to connect with Brian.
-
- See links below.
[28:18 - 49:55] Chad Tucker: Moving Forward along with your Setbacks
- Chad recaps how he has been for the past months
- Completely forming an LLC
- Experiencing procrastination, fighting, and recovering from it
- Great Multi Family connections
- Staying on our own lane: great teamwork ethic
- Chad is consistent with guarding Family Time
- Having an awesome Accountability Group
- Systematized processes
- Everything is a work in progress
- Connections are everywhere!
- On moving forward
-
- The pieces already fit
- How to connect with Chad
-
- See links below.
[49:56 - 1:09:53] George Rodriguez: The Good Mentor
- George recaps his advancements in his multifamily journey
- George’s 18 year old apprentice
-
- His retail broker partner he is having role playing with
- The Art of Listening
- Finding the balance between many deals
- Incredible team mates
- Young minds whom George connects with
- George’s Deal Criteria
- George’s future real estate plans
-
- Raising Awareness
- How to connect with George
-
- See links below.
Tweetable Quotes:
“It feels a little bit daunting if you haven’t been doing this, however, it’s just like working out or anything else, just put it in your schedule and just block it out like it's any other appointment and regardless of what is going on just do it. If you’re not feeling creative, do it anyway. And that’s how to get in the discipline of just doing it.” - Brian Hemedinger
“When you go to a team, you need to be open to take on roles that you are just not comfortable with.- Chad Tucker
“I think one of the challenges right now is you can get overwhelmed with too many deals and too many properties coming into your desk, but you want to focus on deals that have more potential, but then at the same time find the balance.” - George Rodriguez
Find out more and connect with Brian, Chad, and George, through the following:
Brian: Facebook and Email: brian.hemedinger@gmail.com
Chad: Facebook and Email: tuckerholding@gmail.com
George: Facebook and Email: jorge@gojorge.com
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I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
For today’s episode, we are featuring Timothy Lyons. Tim is the founder and managing partner of Cityside Capital LLC, a real estate syndication and investment company that focuses on multifamily real estate assets that yield strong returns for investors. At the same time, Tim is also a lieutenant in the New York City Fire Department (FDNY) where he has served for 16 years. Until recently, he also worked part-time as an emergency room nurse (RN) at a level 1 trauma center. Tim’s initial goal with real estate was to create passive income and in turn, be able to spend more time with his wife and their three little girls. After partnering on a small multifamily property, he saw first-hand the power of real estate investing as an opportunity to create passive income and build wealth for his family. He started Cityside Capital with the goal of not only growing his own portfolio but also to help others realize the power that real estate investing can have on creating wealth.
This is an exciting episode especially for those of you who want to know what it is like to live the Capital Raising Life. Just like anything, this life is not easy, but all the while rewarding. If this episode is something that you might be interested in, make sure to tune in until the end or reach out to Tim through the links below to know more about this topic!
[00:01 – 10:55] Opening Segment
- I announce about our Kentucky offer
- I introduce our guest, Timothy Lyons
- Connect with Tim through the links below
- Tim shares about his background
-
- Little man with achieving his fireman dreams
- The reality of having 24-hour job
- Someday moments with Real Estate
- From rock-bottom to Real Estate rockstar
- Tim’s Inspiring Circle
-
- His supportive wife, Kristina
- His brothers whom he does Real Estate with
[10:56 – 22:23] Capital Raising
- A Broker Dealer
-
- Licensed securities broker
- Traditionally focuses on Private Equities and Start-ups
- Law knowledgeable professionals
- What you should have done has been done for you
- CitySideCapital does the pre-vetting for the passive investors
-
- Indeed, this is the ultimate passive investing opportunity
- Provides better safety and clarity
- Some notes for those interested becoming Registered Representatives
-
- Education is a must!
- Raising own deals
- Other ways to earn
[22:24 – 25:41] On Finding New Investors
- Small circle to Big Circle
- Connections + Education + Hard Work + Perseverance
-
- Don’t forget genuine conversations
[25:42 - 29:47] Closing Segment
- Tim’s vision for the future
- Tim’s biography title and character highlights he wants to see
- Connect with Tim through the links below
- Final words
Resources Mentioned:
- Rich Dad, Poor Dad
Tweetable Quotes:
“I think the more educated the investors are going into a deal, the better they feel they understand the process, which I think is a win-win [situation] for everybody.” - Timothy Lyons
“It’s funny. When I was in college, I couldn’t wait to be out of college and stop taking exams. And as I got older and older, I realized that you are never truly done with education, or learning. It has taken me a while, I’m 39 now, but I can’t wait to read the next book, I can’t wait to take the next course, I can’t wait to go to the next conference.” - Timothy Lyons
Find out more and connect Timothy Lyons through his Facebook, Instagram, LinkedIn, and his email at tlyons234@gmail.com or checkout her website at https://citysidecap.com/
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
In today’s podcast, we have the very energetic Keke Williams speak to us about how she and her partner, Peter, empower individual investors to create the financial freedom to live their dreams. Peter and Keke co-founded Global Investor Alliance to help people obtain the mindset strategies and tools to create recurring income from recession resilient real estate investments that have ultimately accelerated their own wealth building success. Through their US multifamily GP partnerships, they currently manage a portfolio of 1000+ doors across four projects in three metros valued at over $200 million. Additionally, with their America's farmland and agribusiness GP partnerships, they currently operate over 70 million Australian dollars across nearly 1000 hectares of farmland. Kekei spent 20 years in management, consulting and corporate sales and marketing prior to embarking on their full time real estate investing adventures. They have applied their collective corporate skills, experience and networks to their real estate investing pursuits in a way that empowers others to live their best life and also quenching their thirst for service global travel and adventure.
This episode is going to be very educational especially to most of us who are not so familiar with investing in farms. If this is something that you might be interested in, make sure to tune in until the end or reach out to Keke through the links below to know more about this topic!
[00:01 – 15:45] Opening Segment
- I introduce our guest, Keke Williams
- Connect with Keke through the links below
- Keke shares about her background
-
- Started with banking
- Learned how to manage and evaluate risks
- Used to help her parents sell houses
- Started learning about single family homes
- Tried mobile home parks syndications
- Figuring out multifamily investing with her partner
- Going through trial and error and finding the right fit
[15:46 – 24:06] Investing with Friends and Family
- The importance of having a growth mindset
- The cons of having a traditional mindset
- Sharing her experience in investing to friends and family
-
- Investing is not for everybody
- People worry about bad investments
- How investing empowers people
-
- Feeling good about what you’re investing in
- People have to be interested in it
[24:07 – 39:52] The Challenges and Rewards of Investing in Farms
- Keke talks about her investing mistakes
- Investing in farms in Colombia
- Expenses of operating the farm
[39:52 - 42:52] Closing Segment
- Keke shares her biography title
- Connect with Keke through the links below
- Final words
Tweetable Quotes:
“I think that we are happier if we adjust our expectations to the realization that it's always like, everything is a growth thing. Like you never get it right. And you never get it done. You know, it's just because life is that journey.” - Keke Williams
Find out more and connect Keke Williams through her email at keke@globalinvestoralliance.com or checkout her website at www.globalinvestoralliance.com.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
In today’s podcast, we’ll be sitting down with my friend, Bill Hamel, whom I have met in the Jake and Gino community. And I am very fortunate to have linked up with him because he's very knowledgeable, very experienced, and very well versed in multifamily. Bill started purchasing and managing small apartment buildings at the age 21 in Albany, New York where he and his partners eventually accumulated a portfolio consisting of 240 units. In 2017, after a serious health matter, Bill moved away from hands-on property management and currently focuses on acquiring large multifamily communities and mentoring newer investors ensuring their success in the real estate investing space.
Make sure to tune in because Bill is going to walk us through his experience with real estate and how he was able to find success in multifamily investing.
[00:01 – 7:55] Opening Segment
- I introduce our guest, Bill Ham
- How Bill started his real estate journey
-
- Starting with a small portfolio
- Struggling with managing a business
- Eventually focusing on large multifamily acquisitions
- Bill shares about his long transition to real estate
-
- Pivoting is scary at first
- The sense of freedom is fulfilling
[07:56 – 23:23] Finding Success in Multifamily
- Writing a Property Management Systems book
-
- General concept of being an owner, not an operator
- A tool to find solutions to multifamily property challenges
- Book recommendation
-
- See link below
- How this book helped Bill develop his mindset
- Getting deals with little to no money of downpayment
- Experience in seller financing and creative financing deals
- Working with teams in real estate
- The importance of having a growth mindset
[23:23 – 38:13] Keeping an Eye on Great Deals and Knowing When to Walk Away
- Talking about Bill’s target market in Albany, New York
-
- Starting in an area that Bill was comfortable with
- Under contract of 94 units
-
- Walking away from a contract
- Tiptoeing around the property and not seeing the whole apartment
- Finding out the true state of the units after the inspection
- Dealing with the emotional side of losing deals
- Watching out for new deals in New York City
- Having a thought platform
-
- Being more relevant through social media
- Sharing more of their through a podcast, Collecting Real Estate
- Having a monthly meet-up
[38 - 13 - 41:04] Closing Segment
- Bill shares his biography title
- Connect with BIll through the links below
- Final words
Resources Mentioned:
- Book Recommendation: Nothing Down for the 90s by Robert G. Allen
Tweetable Quotes:
“I was a slave to the business, but it was my strange choice.” - Bill Hamel
“As you're gaining traction in the business, and you're developing some credibility, it will attract people that are interested in investing in your deal.” - Bill Hamel
“It was that strong “why” right at the beginning that fueled those first 10 years of building that (strong) portfolio.” - Bill Hamel
Find out more and connect with Bill Hamel through LinkedIn, Facebook, or send him an email at
bill@hamelrealestate.com. You can also check out his website at www.hamelrealestate.com.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Welcome to another episode of The Small Axe Community Podcast! Today we have the Queen of Podcast Guesting herself, Christine McAlister! Christine is very passionate about helping impact-driven entrepreneurs attract their next clients by being value-driven podcast guests. She's generated over 6-figures as a podcast guest and has been recognized as the best in the world at podcast guesting by 7-figure founders like John Lee Dumas, Dana Wilde, and Andrew Kroeze. She is a media expert for 2 decades, and has helped broadcast the Olympic Games, produced an award-winning documentary for PBS, and has been featured in Inc., Business Insider, Bustle, The Huffington Post, and on over 100 podcasts.
In this episode, Chrstine shares with us the impact of sharing authentic and meaningful stories and how these stories can help you become a better podcast guest. Let’s dive in!
[00:01 – 7:47] Opening Segment
- Let’s get to know Christine McAlister
- Christine talks about her journey to being a media expert
- Having a positive impact through your business
[7:47 – 20:19] How to Standout as a Podcast Guest
- Extracting expert topics
- Focusing on sharing stories instead of selling directly
- Forming relationships with the host and with the audience
-
- Having a real conversation
- Having the proper mindset
- Beating the nerves during interviews
- How people can stand out as a podcast guest
[20:20 - 31:31] The Impact of Sharing Raw and Authentic Stories
- Everybody has a story
- Owning your story elevates your confidence
- Practicing and further honing your message
- Doing good through helping people share stories
- Why podcasting?
-
- A way to create real relationships
- Opportunity to bring life to the show
[31:32 – 34:04] Closing Segment
- Christine shares her biography title
- Connect with Christine through the links below
-
- Checkout her Podcast Guesting Checklist here
- Final words
Tweetable Quotes:
“I stand out because I am not just there to show up and check a box that I was in your audience, I'm there to be a good human. And I'm there to form the start of a long term relationship. ” - Christine McAlister
“And guesting on podcasts was a way for me to create real relationships with other humans.” - Christine McAlister
Find out more and connect with Christina through Instagram or by sending her an email at christine@lifewithpassion.com. You can also check here website at www.lifewithpassion.com.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
In today’s episode, we have Jake Oreskovich, a passionate entrepreneur and investor who has been active in the real estate scene since 2009. Before investing in his hometown of Pueblo and Southern Colorado, he was an on-site property manager at a 48-unit apartment complex in Blue Springs, Missouri. Along with his current real estate endeavors, Jake owns and operates a commercial asphalt maintenance company called Patriot Sealcoating and eventually became a silent partner and passive investor in the company to allow more time to further his real estate education and growth.
Join us as we dive deep on how to get with Direct to Seller or DTS!
[00:01 – 21:15] Opening Segment
- Let’s get to know Jake Oreskovich
- Jake talks about his real estate journey
-
- Education through experience
- Starting an asphalt company
- Learning through trial and error
- Moving a lot and taking advantage of the market
- Managing large multifamily properties and seeking mentorships
[21:16 – 43:50] How to Get Started with Direct to Seller
- What Direct to Seller (DTS) means
- Benefits of going DTS
- Network with people or get some software to start with DTS
- Generating a list of units and the corresponding strategies
- Step-by-step gameplan of what to do with the list of units
- Tips on how to reach out to people
[43:51 – 33:25] Closing Segment
- Jake’s biography title
- Breaking the cycle in Jake’s familySetting big goals and riding on the momentum
- Connect with Jake through the links below
- Final words from us
Tweetable Quotes:
“I would say start with smaller stuff first, because the bigger you go, the less likely it is that you're going to go direct to seller because there's more people involved.” - Jake Oreskovich
Find out more and connect with Jake by sending him an email at oreskovichinvestments@gmail.com.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today we’re sitting down with Yosef Lee (AKA Yosef Your Brosef), a believer, father, lawyer, multifamily apartment syndicator and investor, people connector, status-quo hater, strategic planner/action taker, pilates studio owner, and an entrepreneur wannabe. Yosef has the vision to take back the control of his Time, Place, and Occurrence through financial freedom, and he has started his journey of acquiring cash-flowing multifamily apartments as a tool to create passive income streams and to achieve generational wealth
Join us as we chat about his experience with balancing a full time job and real estate investing, investing in mentors and masterminds, and the power of bringing people together and networking.
[00:01 – 05:06] Opening Segment
- Let’s get to know Yosef Lee
- Yosef shared about how he was inspired to find a passive income
- Getting into multifamily investing
[05:07 – 28:22] Balancing a Day Job and Multifamily Investing
- How Yosef’s day looks like as an employee and investor
- Similarities between his day job and asset management
- Benefits of being a real estate professional
- Investing in mentors and masterminds
- The power of having synergy and connection between people
[28:23 – 33:25] What’s next for Yosef
- Setting big goals and riding on the momentum
- Yosef’s biography title
- Connect with Yosef through the links below
- Final words from us
Tweetable Quotes:
“A meetup is such a powerful way to get connected because of our display and let's say in person, that handshake, that bro hug, you can literally feel the energy of the other side.” - Yosef Lee
“I want them [my future grandchildren] to know that success did not just happen overnight or anything over the period of time, I want them to know that I've worked really hard.” - Yosef Lee
Find out more and connect with Yosef on Linkedin, Instagram, Facebook or check out his website at www.yosefhlee.com.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today’s episode is going to be very interesting because we have a very cool, smart, generous, handsome, funny, and athletic guy grace this show--and that guy is none other than me! Kidding aside, I’ll be riding solo in this episode because I want to answer a few questions that I’ve been receiving from a number of people. I’m going to talk about multifamily real estate, how to begin investing, and why you should be listening to this podcast.
Make sure to sit tight and listen until the end of the show because I will be diving deep into what I call the Small Axe Passive Investor Cheat Sheet. I’m sure you wouldn’t want to miss it!
[00:01 – 10:31] Opening Segment
- I welcome you to the podcast episode
- I explain what a multifamily real estate is
- I talk about why I love multifamily real estate over commercial real estate
- A comprehensive guide to help everybody invest in multifamily real estate
-
- Grab a copy through my website
- See link below
- Cheat Sheet is perfect for people who:
-
- Like real estate
- Want to be a passive investor
- Have capital to invest
[10:32 – 44:16] How to Start Investing in Multifamily Real Estate
- Starting out as a limited partner in a deal
- Consider your strategy based on your risk tolerance
- Finding a sponsor
- Find investors who has integrity
- Things to look out for when you are presented with an opportunity to invest
- Analyze the properties
- Multifamily is not liquid
- Fees that you show know about
- Understand the underwriting
[44:17 – 25:25] Closing Segment
- Checkout the links below if you want to be a real estate investor
- Final words
Tweetable Quotes:
“But just know that there are so many more benefits to investing in real estate as opposed to investing in the stock market.” -Nico Salgado
“Millennials are the largest population here in the United States. They are taking over the rental space and rentals are on the rise. Demand is huge supply is low.” -Nico Salgado
Find out more and connect with Alicia on Linkedin, Instagram, Facebook or visit their website at https://www.thejarboegroup.com/.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
In today’s episode, we have wife, mother, business partner and Director of The Jarboe Group, Alicia Jarboe. Alicia joined her husband, Justin, in real estate full time in August of 2016, coming from a high-end millwork and construction company where she worked for nearly a decade. Following the loss of nearly everything they had in 2013, it's taken grit and persistence to dig out and get to the level of success they have today. They run a successful real estate team and help people buy, sell, and invest all over Massachusetts and Connecticut. Alicia was also named a Regional Cultural Ambassador for all of New England Keller Williams offices for 2020.
Let’s listen to Alicia’s very inspiring story and learn about how she was able to bounce back from a foreclosure through practicing gratitude, giving back, and working hard.
Let’s listen to Alicia’s very inspiring story and learn about how she was able to bounce back from a foreclosure through practicing gratitude, giving back, and working hard.
[00:01 – 05:40] Opening Segment
- Let’s get to know Alicia Jarboe
- Alicia shares about her background
- Overcoming the early challenges of real estate
[05:41 – 15:25] Struggles and Lessons from the Foreclosure
- Alicia talks about her experience with a foreclosure
- Bouncing back from this huge setback
-
- Feeling guilt being emotional about it
- Going through a lifestyle change
- I share about my own setbacks
-
- The importance and power of sharing your struggles
- Paying it forward when you can
[15:26 – 23:01] Sharpening the Axe and Cutting the Biggest Tree
- Focusing on cash flows
-
- Focusing on bigger deals and commercial deals
- How it’s like to finally live in a single family home
-
- Experience parental guilt
- Paying for mortgage
- What’s next for Alicia and her business objective
[23:02 – 25:25] Closing Segment
- If your great-great grandkids are to write a book about you, how would you like it to be titled?
-
- It’s Complicated
- Connect with Alicia through the links below
- Final words from us
Tweetable Quotes:
“There’s definitely power in sharing and helping other people.” - Alicia Jarboe
“Being able to keep your life together even when it’s falling apart, like literally, is something that I would definitely want to highlight.” - Alicia Jarboe
Find out more and connect with Alicia on Linkedin, Instagram, Facebook or visit their website at https://www.thejarboegroup.com/.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
The Prolific Investor is Chris Odegard. Chris is an average guy who had a white-collar job in the corporate world and followed the only thing he knew for decades, conventional wisdom and conventional investments. This worked relatively well until 2009 when he experienced an illiquidity event where he lost 55% of his assets and thousands of dollars per month in cash flow. Then, Chris read Robert Kiyosaki’s Rich Dad Poor Dad, and his mind was opened to a different type of investing, investing in real assets and private deals mostly insulated from the volatility, risk, and taxation of the stock market. In just nine years, Chris recouped the 55% he had lost and multiplied it many times over and now shares his experience and knowledge with you through this alternative investment blog.
Let’s listen to Chris and learn more about why "alternative investments" blow conventional investments away.
[00:01 – 06:40] Opening Segment
- Let’s get to know Chris Odegard.
- Chris shares his background and how he got to where he is today.
- The recovery journey.
[06:41 – 14:00] Why "alternative investments" Blow Conventional Investments Away
- Chris talks about the difference between conventional and alternative investments.
- The mountain of money theory
- The hierarchy of investors.
- The ability to use the leverage
- The insurability.
- The only advantage of conventional is the liquidity.
[14:01 – 25:29] Financial Education and Awareness
- Chris talks about his blog and how he shares the financial idea.
- Chris’s upcoming book titled “Get off your ass, and manage your money; why you need an alternative Investments.”
-
- Steps by steps why alternative investments are better.
- The importance of teaching the new generation about alternatives investments.
- 4O1K vs. single-family rentals.
- OPM benefits.
- Educate yourself more on alternative investments.
- The benefits of alternatives investing.
- How Chris helps people to become aware of alternative investments.
-
- Thirty minutes virtual coffee - free consultation program.
- Chris talks about the people that he is working with, especially the younger generation.
[25:30 – 30:55] Closing Segment
- If your great-great grandkids are to write a book about you, how would you like it to be titled?
-
- He kept his commitments big and small.
- The power of discipline.
-
- If you have incredible discipline, you could do anything.
- Connect with Chris
-
- See the links below.
- Final words from Chris and me.
Tweetable Quotes:
“When something sounds too good to be true, don’t just run away from it, because it might be true.” - Chris Odegard.
“Yes, it requires more education, and you got to be smarter, but the benefits of alternative investments outweigh the extra work that's involved .” - Chris Odegard.
“If you have incredible discipline, you could do anything.” - Chris Odegard.
Find out more and connect with Chris on Linkedin, Instagram, Facebook and visit his websites at https://theprolificinvestor.net/.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
In today’s episode, we got two incredible speakers sharing with us, Nick Earls and Eric DiNicola. Nick and Eric are real estate investors focusing on multifamily. They purchase and syndicate large multifamily properties in the Southeast and develop luxury multifamily condominiums in the Boston market. They also develop affordable housing and have experience with land entitlement.
Nick is the co-founder and managing principal of Winterspring Capital. He is an expert on multifamily condominium development, underwriting, and asset management in the multifamily space and is the author of the top-rated book “Making Millions through Multi-Family Development.” Eric is the co-founder and managing principal of Winterspring Capital, has a strong financial background spanning over a decade. Heading up their acquisitions team, Eric leans on his extensive broker network to keep Winterspring's deal pipeline full.
Let’s listen to Nick and Eric to learn more about their incredible stories.
[00:01 – 07:27] Opening Segment
- Let’s get to know Nick Earls and Eric DiNicola.
- Nick and Eric share their background and how they got to where they are today.
[07:28 – 17:08]The Affordability Question
- How they start their business ‘Winter-Spring Capital’ together.
- Nick and Eric talk about their first condo development.
- Involvement of investors.
- Expansion and investment out of the state.
- The positive and negative side of being an investor in Boston.
- The politics and bureaucracy aspect.
- The effect of the Covid19 pandemic on the market and their business.
- Why multifamily and what to consider?
-
- Diversifying risk.
- The affordability question.
- Subsidize affordable housing development.
[17:09 – 23:30] Structuring A Dynamic Partnership
- The market focus.
- Broker relations.
- Certain unit counts
- The teamwork in underwriting.
- How to structure a partnership.
- Nick and Eric talk about their roles in the business.
- The dynamic of their teamwork.
[23:31 – 28:09] Capital Raising
- The start of their capital-raising process.
- Building a good platform and networking
- The confidence in raising capital.
- The benefits of working with a team.
- The main matrix in returns
- The direction of Winter Spring Capital
[28:10 – 30:55] Closing Segment
- If your great-great grandkids are to write a book about you, how would you like it to be titled?
-
- Nick: The renaissance man.
- Eric: The generous giants
- Connect with Nick and Eric
-
- See the links below.
- Final words from me.
Tweetable Quotes:
“The affordability question is one of the biggest elephants in the room in the real estate industry .” - Nick Earls.
“Multifamily provides much more stable and less risky cash flow for us and our investors..” - Eric DiNicola.
“We do not want to do all this so we could just sit on this money, but we want to make a difference and ultimate security ” - Eric DiNicola.
Find out more and connect with Nick and Eric via email at nick@winterspringcapital.com and eric@winterspringcapital.com, Instagram, and Facebook. You can also visit their websites at https://winterspringcapital.com/.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Welcome back to Small Axe Communities Podcast!
We have reached the end of the second quarter of the year, and in this episode, we are back with the second episode of The Accountability Series. Joining us today are three inspiring multifamily investors, with Jhae Antoc, Jonny Wilson, Joey Arico, and. They are back to share how their businesses have grown and the valuable lessons that they have experienced in the past three months.
Let’s listen to Jhae, Jonny, and Joey and tap into their inspiring stories.
[00:01 - 26:19] Jhae Antoc: The Mindset of A New Investor
- Jhae recaps his real estate experience from the past three months
- The mindset of a new investor.
- The importance of constant education.
- Sharing and networking.
- Why he decided to hire a mindset/business coach.
- Get exposures.
- Appreciate your growth because seeds take time to grow.
- Keep pushing and have faith in the process.
- Jhae talks about his new market focus in Northwest Las Vegas.
- The challenges of Phoenix’s market.
- The needs and realization to pivot.
- Jhae talks about his current focus to get deals
-
- Creating content and reaching out to people
- Provide value for people even when you are in the beginning stage.
- The meet-up plan with Sai-Kit and Nancy Wong.
- How to connect with Jhae.
-
- See links below.
[26:20 - 51:50] Jonny Wilson, Joey Arico: Build Strength Through Showing Up.
- Jonny and Joey recap their real estate experience from the past three months.
- Finding the will to look at deals and repurposing theirs why.
- The benefits of joining a community.
- Jonny and Joey’s experience in creating their website.
- The importance of having a website.
- Why they are choosing the Phoenix market
- The local property manager and market.
- The talk-tracks.
- Build strength through showing up.
- Time management.
- Rely on clarity to overcome the lack of motivation
- Broker’s script.
- The vision of their marketing materials.
- Educational driven marketing strategy.
- Share the vulnerability and growth of their journey.
- Make sure that we are ready when the deal comes.
-
- Prioritizing our clients.
- How to connect with Jonny and Joey
-
- See links below.
Tweetable Quotes:
“You can’t not educate yourself! when you educate yourself, you would sound more credible to people and able to make people more confident in you.” - Jorge Rodriguez
“You build strength through showing up.” - Jonny Wilson
“If it’s not the matter of ‘ifs,’ then when.” - Joey Arico.
Resources Mentioned
- Jake and Gino
Find out more and connect with Jhae, Jonny, and Joey, through the following:
Jhae: jhae_antoc@yahoo.com, and Facebook.
Jonny: (619-726-6673) jonnyJwilson@borderwestequities.com, Jonnymwilsonsd@gmail.com, and Facebook
Joey: jarico@borderwestequities.com, jarico14@gmail.com, and Facebook
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Kent Ritter is the principal, with Hudson investing as the GP in over 500 units. Kent’s skill set as a multifamily operator drove his successful career as a Management consultant and start-up owner. He applies this skill set to transform apartment buildings and creates modern affordable housing for America’s workforce.
Now having found Financial Freedom for real estate investing, Kent wants to help others do the same. He serves as a thought leader and educator through his podcast Ritter on real estate monthly networking events, Indianapolis multifamily investing meet-up, and his website www.kentritter.com which acts as an informational hub for other investors.
Let’s listen to Kent and listen to his inspiring career path in real estate.
[00:01 – 05:14] Opening Segment
- Let’s get to know Kent ritter.
- Kent shares his background and how he got to where he is today.
- Kent’s current investing focus.
- Diversification in investment.
[05:15 – 12:39] Becoming an Active Investor
- Kent shares his journey and lessons being a passive investor for 3 years before finally pivoting to active investing,
- How he finds his spot in the GP team.
-
- Building network and investment relation piece as a GP team.
- Asset management piece.
- Understanding your market and the strategic questions to add value to the deal.
[12:40 – 19:09] The Capital Raise
- Kent talks about his first raise and deals when he was a GP for the first time.
- Shift people’s perspectives on how they view you.
- Raise money six months before you need them.
- The importance of building your brand in raising money
- Kent shares his big lesson learned of raising money when he was not meeting his goal.
- Meet people where they are in sharing knowledge on real estate.
- Why he gravitated more towards assets management?
[19:10 – 30:50] Cultivating the Relationship for Investment
- Kent’s networking strategy during the pandemic.
- Nurture the relationship for the following months to invest.
- Thought leadership platform.
- Kent’s marketing strategy.
-
- Consistently communicating and building warm leads.
- Indianapolis Multifamily Investing Meetup.
- Being the main deal finder.
- Partner on a deal-specific basis.
- How real estate has given him the time freedom.
[30:51 – 34:35] Closing Segment
- If your great-great grandkids are to write a book about you, how would you like it to be titled?
-
- His Own Path
- Connect with Kent
-
- See the links below.
- Final words from Kent and me.
Tweetable Quotes:
“Understanding your market and the strategic questions to add values to the deal.” - Kent Ritter
“People won't just hand you money for raising capital unless you really shift the perspective of how they view you.” - Kent Ritter
“you should start thinking about raising money six months before you actually need the money by building your brand.” - Kent Ritter
Find out more and connect with Kent on Linkedin, Instagram, and visit his websites at www.kentritter.com You can also check out Ritter on Real Estate Podcast.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Kent Ritter is the principal, with Hudson investing as the GP in over 500 units. Kent’s skill set as a multifamily operator drove his successful career as a Management consultant and start-up owner. He applies this skill set to transform apartment buildings and creates modern affordable housing for America’s workforce.
Now having found Financial Freedom for real estate investing, Kent wants to help others do the same. He serves as a thought leader and educator through his podcast Ritter on real estate monthly networking events, Indianapolis multifamily investing meet-up, and his website www.kentritter.com which acts as an informational hub for other investors.
Let’s listen to Kent and listen to his inspiring career path in real estate.
[00:01 – 05:14] Opening Segment
- Let’s get to know Kent ritter.
- Kent shares his background and how he got to where he is today.
- Kent’s current investing focus.
- Diversification in investment.
[05:15 – 12:39] Becoming an Active Investor
- Kent shares his journey and lessons being a passive investor for 3 years before finally pivoting to active investing,
- How he finds his spot in the GP team.
-
- Building network and investment relation piece as a GP team.
- Asset management piece.
- Understanding your market and the strategic questions to add value to the deal.
[12:40 – 19:09] The Capital Raise
- Kent talks about his first raise and deals when he was a GP for the first time.
- Shift people’s perspectives on how they view you.
- Raise money six months before you need them.
- The importance of building your brand in raising money
- Kent shares his big lesson learned of raising money when he was not meeting his goal.
- Meet people where they are in sharing knowledge on real estate.
- Why he gravitated more towards assets management?
[19:10 – 30:50] Cultivating the Relationship for Investment
- Kent’s networking strategy during the pandemic.
- Nurture the relationship for the following months to invest.
- Thought leadership platform.
- Kent’s marketing strategy.
-
- Consistently communicating and building warm leads.
- Indianapolis Multifamily Investing Meetup.
- Being the main deal finder.
- Partner on a deal-specific basis.
- How real estate has given him the time freedom.
[30:51 – 34:35] Closing Segment
- If your great-great grandkids are to write a book about you, how would you like it to be titled?
-
- His Own Path
- Connect with Kent
-
- See the links below.
- Final words from Kent and me.
Tweetable Quotes:
“Understanding your market and the strategic questions to add values to the deal.” - Kent Ritter
“People won't just hand you money for raising capital unless you really shift the perspective of how they view you.” - Kent Ritter
“you should start thinking about raising money six months before you actually need the money by building your brand.” - Kent Ritter
Find out more and connect with Kent on Linkedin, Instagram, and visit his websites at www.kentritter.com You can also check out Ritter on Real Estate Podcast.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Welcome back to Small Axe Communities Podcast!
We have reached the end of the second quarter of the year and in this episode, we are back with the second episode of The Accountability Series. Joining us today are three inspiring multifamily investors, Jorge Rodriguez, Chad Tucker, and Brian Hemedinger. Jorge, Chad, and Brian are back to share how their businesses have grown in the past three months and how they helped people create passive income with real estate.
Let’s listen to Jorge, Chad, and Brian and tap into their inspiring stories.
[00:01 - 21:27] Jorge Rodriguez: The List, Getting Action, and Phone Calls
- Jorge recaps his real estate experience from the past three months
- Calling 10 brokers a week, exhausting your list
- Not Just Another Pestering Investor
- Jorge talks about flipping houses
- Knowing People Beyond Numbers
- The story of Jorge’s multifamily deals
-
- Jorge shares how he gets multifamily deals
- Debt, Finances, and Partners
- Be more focused and know your role.
[21:28 - 43:09] Chad Tucker: I Want the B+
- Chad recaps his real estate experience from the past three months
- How to be Successful in a Competitive Market
- Relationships and Long-Term Goals
-
- “You gotta see where you fit in.”
- Chad tells the story of how he found his managing assets partner
- The Difference between A, B, and C Buildings
- Chad talks about limiting units
- The Seller, The Buyer, and Me
- Chad’s Next Learning Curve
- Giving Away More
[43:10 - 01:07:51] Brian Hemedinger: The 3 Routes of Capital Raising
-
Brian recaps his real estate experience from the past three months
-
Brian talks about capital raising
- The Gravitational Pull
- Clarity and Action
- The 3 Routes of Capital Raising
- Transactional Income or Equity?
-
- Fund Special Purpose Vehicle
- Brian talks about using what he recommends to investors
- Building an Investor Base and Building Relationships with Operators
- Building from the Ground Up
- Jake and Gino
-
- Education plus action equals result
- Looking Forward to the Deadline
Tweetable Quotes:
“I humanize myself.. I’m not just another investor calling them.” - Jorge Rodriguez
“You’re not gonna know what your role is until you try on other roles.” - Jorge Rodriguez
“This is a relationship business.” - Chad Tucker
“It’s all about knowing your brokers, knowing what they like and then finding out what the seller wants, too…” - Chad Tucker
“Multifamily is a team sport.” - Brian Hemedinger
“Clarity is power.” - Brian Hemedinger
Resources Mentioned
- Securities Industry Essentials (SIE) Exam
- Hunter Thompson
- Who Not How
- Jake and Gino
Find out more and connect with Jorge, Chad, and Brian through the following:
Jorge: jorge@gojorge.com and Instagram
Chad: tuckerholding@gmail.com, Facebook, LinkedIn, and 850 206 4603
Brian: brian@maybarcapital.com, Facebook, and Instagram
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Steven Pesavento is the Host of The Investor Mindset Podcast and an active investor who curates Commercial Real Estate Investments for clients at VonFinch Capital. He has raised $10’s of millions of dollars, which has successfully cycled through multiple assets. Beginning in Single Family as an operator he flipped over 200 houses in under 3 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. Through his Top-Rated Podcast and Private Investor Community, he brings together real estate investors to not only learn, but also how to put these strategies to work in their lives.
Let’s listen to Steven and listen to his impactful and inspirational philosophy.
[00:01 – 09:38] Opening Segment
- Let’s get to know Steven Pesavento
- Steven shares his background and how he got to where he is today
-
- He shares his real estate journey
- Investor Mindset Podcast
- Going out and partnering with true experts
[09:39 – 21:03] Setting Yourself for Success
- Steven talks about moving to the desired path
- A real estate philosophy
- Real estate trading: Telling others something you do not have
- Steven shares his partnership success story
- Managing the Cruise and Running the Numbers through Commitment and Communities
[21:04 – 35:21] The Power of Partnerships
- Steven talks about the importance of roles in a team
-
- Finding what you’re good at and focusing on it
- Streamlining complex deals
- Steven stresses the power of partnerships
- Doing more by doing it together
- How to Find Great People
-
- Listening to podcasts
- Going to conferences
- Mentorship or Masterminds
- Steven talks about his long-term goals and realizations
-
- Serving the ideal client
- Making an impact
[35:22 – 40:00]
- If your great-great grandkids are to write a book about you, how would you like it to be titled?
-
- Making an impact, inspiring people, creating a better life, enjoying life to the fullest.
- Not being a perfect person but having a life that was well-lived.
- Connect with Steven.
- See the links below.
- Final words from Steven and me.
References Mentioned:
- Rich Dad Poor Dad
- Investor Mindset Podcast
- Who Not How
Tweetable Quotes:
“It does take that commitment of capital to say, “I’m a 100% in this.”” - Steven Pesavento
“Get in a community. By being a part of the community that you’re in, you’ve been able to have huge change happen.” - Steven Pesavento
“I am not going to do every piece of the puzzle. I don’t want to.” - Steven Pesavento
Find out more and connect with Steven on Linkedin, Youtube, and email steven@vonfinch.com. Or you can visit his websites at https://stevenpesavento.com, https://www.investormindset.com/, and https://www.vonfinch.com.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Welcome back to Small Axe Communities Podcast!
In today’s episode, we are joined by Savannah Arroyo, a.k.a. The Networth Nurse. She's a full-time registered nurse in Los Angeles, California. She uses her skills as a leader in healthcare operations to manage multi-family syndications. She also helps busy professionals create passive income through real estate investing.
Let’s listen to Savannah and tap into her inspiring story.
[00:01 – 05:07] Opening Segment
- Let’s get to know Savannah Arroyo
- Savannah shares her background and how she got to where she is today.
-
- She shares the beginning of her journey in real estate investment.
- From single-family to multifamily syndication.
[05:08 – 20:14] Develop A Strong Relationship Within Your Team
- Savannah talks about the education piece of investing in real estate.
-
- Podcasts and books.
- Why she is very passionate about her podcast.
- Savannah shares about her first syndication experiences.
- Some tips to get into real estate investing and syndication during the pandemic.
-
- Research of the market.
- Why she chooses the Oregon market.
- The investment in a coaching program and a mentor to solidify her underwriting skills.
- Savannah shares about her market investment returns and growth.
-
- Underwrite conservatively.
- Build a strong relationship with the property management team.
- Savannah shares her bad experiences and learning lesson on dealing with the wrong management team.
[20:15 – 28:35] Creativity in Leveraging The Good Debt
- Savannah shares how she got the information about the storage unit in the area.
- Savannah talks about the current multifamily syndication that she is working on.
- Another advantage of investing in Oregon as an energy-efficient and green state.
- The risk capital
- Creativity in leveraging good debt.
- How to balance the W2, job parenting life, and real estate.
-
- Get super specific on your “Why.”
- Reverse-engineer your goals to lay out the blueprint.
[28:36 – 32:33] Closing segment
- If your great-great grandkids are to write a book about you, how would you like it to be titled?
-
- Perseverance, the leadership, do the right thing, spread love to others.
- Connect with Savannah.
-
- See the links below.
- Final words from Savannah and me.
Tweetable Quotes:
“ When you write down the ‘why’ of your goals, it gives you so much more motivation especially when things get hard to keep persevere and push through.”- Savannah Arroyo.
“You have to be creative in leveraging good debt in the equity that you already have available.” - Savannah Arroyo.
“it was very important for us to research the market and the trend that was going on in the city we were investing in, especially when we are getting into real estate investing syndication during the pandemic ” - Savannah Arroyo.
Find out more and connect with Savannah on Linkedin, Instagram and Youtube Or you can visit her website at https://thenetworthnurse.com/.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
After a stint at Ford Motor Company, Paul Moore 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, Paul began investing in real estate, founded multiple investment and development companies, appeared on HGTV, and eventually built and co-managed a successful multi-family development.
Paul is also the host of How to Lose Money Podcast and the contributor to Fox Business and Bigger Pockets, producing live video and blog content on a weekly basis. Paul is the author of The Perfect Investment – Capitalize on America’s Obsession with Stuff by Investigating Self-Storage. Paul is the Managing Director of three commercial real estate funds at Wellings Capital.
Let’s listen to Paul as he shares his inspiring life story and gain more knowledge about investing in multifamily, self-storage, and mobile home parks.
[00:01 – 04:15] Opening Segment
- Let’s get to know Paul Moore.
- Paul shares his background and how he got to where he is today.
-
- Speculating vs. investing
- The benefits of investing over speculating.
[04:16 – 14:15] Speculating vs. Investing
- Paul shares his definition of speculating and investing.
- The exception of speculators that are exposed in movies and books.
- The misconception of being financially free and getting wealthy fast.
- Speculation in using leverage.
- Why Multifamily investing is a great place for investment.
- The benefits of the multifamily coaching and mentoring program.
- Paul talks about his book ‘The Perfect Investment: Create Enduring Wealth from the Historic Shift to Multifamily Housing.’
- The supporting factors of Multifamily.
- The overpopulation and other recent issues on multifamily.
[14:16 – 29:35] Create Profit Machine from Self-Storage and Mobile Home Parks
- Paul talks about his pivot to self-storage and mobile home parks.
- Create a profit machine by upgrading self-storage and mobile home parks.
- The effect of a massive compression of cap rate to Mom and Pop mobile home parks owners.
- The potential upsizes and the criteria list of mobile home parks.
- Evaluating the value of mobile home parks.
-
- the net operating income derived from lot rent: the cap rate + the based depreciated value of the mobile homes
- Value add opportunities to self-storage facilities.
- The main criteria to buy a self-storage facility.
- Reasons why we should not build a self-storage facility from the ground up.
[29:36 – 40:00] Go From Riches To Rags Back To Riches Again
- Paul talks about his ‘How to Lose Money Podcast’ and how he started it.
- Sharing the true story of pain and struggle.
- Paul shares the story of how he got out of 2,5 million dollars debt by faith in 13 months.
- What would George Müller do?
- Paul talks about his friendship with Whitney Sewell.
- Why we should have our ‘Big Why’ in life.
- The importance of having the bigger why that is much bigger than ourselves and what we are doing.
[40:01 – 42:45] Closing segment
- If your great-great grandkids are to write a book about you, how would you like it to be titled?
-
- Paul Moore, an Honorable man.
- Connect with Paul.
-
- See the links below.
- To get access to his ebook, visit www.wellingscapital.com/resources
- Final words from me.
Tweetable Quotes:
“ If you keep playing double or nothing with most or all of your capital, you'll eventually land on nothing then you'll have nothing left to double.”- Paul Moore.
“Our goal is to give people hope. If they know that the successful people had pain too, they will realize hey I can make it too.” - Paul Moore.
“ I think it's really important that we all have a bigger why, that's much bigger than ourselves, what we are doing, our bank account.” - Paul Moore.
Find out more and connect with Paul on Linkedin Or you can visit his website at https://www.wellingscapital.com/.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. So let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Mike “C-Roc” Ciorrocco is the CEO of People Building, Inc., the powerhouse behind the “What Are You Made Of?” movement and the author of ROCKET FUEL. He is a performance coach, author, dynamic public speaker, tech visionary, and thought leader. He has been featured by Yahoo! Finance as one of the Top Business Leaders to Follow in 2020 and is on a mission to build people. He is driven to inspire others, and he measures his success on how he can help others achieve greatness. C-Rock was ignited with a fierce desire at an early age to help people see the greatness inside themselves using past life events to fuel their fire.
Let’s listen to C-Roc as he shares his inspiring life story, converting your obstacles into your fuel and get 100% participation of yourself.
[00:01 – 04:45] Opening Segment
- Let’s get to know Mike “C-Roc” Ciorrocco.
- C-Roc shares his background and how he got to where he is today.
- The warped sense of what the word help means.
- The approach to help people that do not want to be helped
- Conversely, unyielding to impact people
[04:45 – 12:30] Convert Your Obstacles Into Fuel
- C-roc talks about his businesses and focus.
- Most ideas stay in people's brains, they aren’t talking about it, and it goes to their grave.
- C-Roc talks about his book, titled; Rocket Fuel’, how to get it, and what it is about.
- C-Roc shares his childhood experience of being abused; he got through it and kept elevating in life.
- Convert your obstacles into your fuel to propel your future.
[12:31 – 20:30] Get 100% Participation of Yourself
- C-Roc talks about overcoming self-doubt.
- How to get 100% participation of yourself the whole time.
- C-Roc talks about his current focus on starting his tech company ‘Blooprinted.’
- Young-entrepreneurs movement program.
- How to connect with C-Roc to get more information about the program?
-
- See links below.
[20:31 – 22:59] Closing segment
- If your great-great grandkids are to write a book about you, how would you like it to be titled?
-
- The inexorable man.
- How to get a copy of his book Rocket Fuel’ and join the Time management and time creation course for free.
- Connect with C-Roc.
-
- See the links below.
- Final words from me.
Tweetable Quotes:
“Just because they don't know that they need help or want to be helped right now doesn't mean I'm not going to try or quit.”- Mike “C-Roc” Ciorrocco.
“No matter what happened to me from that point on, people discourage me; people screw me over people count me out my screw-ups, I keep elevating no matter what.” - Mike “C-Roc” Ciorrocco.
“When people choose to settle, it is selfish to me.” - Mike “C-Roc” Ciorrocco.
Find out more and connect with Mike on Linkedin .and Instagram Or visit his website at https://mikecroc.com/.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today’s guest is Randy Langenderfer. Randy is President of InvestArk Properties, LLC focusing on creating investor value and passive income returns for the busy professional. He has been in multi-family real estate since 2014 as both a general partner/key principal in 250 doors and a limited partner in over 4,000 doors. InvestArk offers the chance for busy professionals who want to include multi-family real estate in their portfolios to partner with experts who are aligned with their investment goals.
Let’s listen to Randy and learn more about developing your own strategy in Multi-family investing.
[00:01 – 07:20] Opening Segment
- Let’s get to know Randy Langenderfer.
- Randy shares his background and how he got to where he is today.
- Adding values and helping others to reach their goals
- The journey in becoming a coach.
- Randy talks about why he keeps his W2 job while doing real estate investing.
[07:21 – 19:08] Develop and Set up Your Own Strategy in Multi-family
- The advantage of Hard-money lending.
- Randy talks about how he got into Multi-family investment.
- Self-directed IRA.
- Reaching general partners.
- Develop your own strategy.
- Learn the risks, benefits, and differences of all sponsors.
- Be aware of the shiny object syndrome.
- Underwrite and vet on deals.
- The difference and the risk in Bridge financing.
- The various types of debt and financing options.
[19:09 – 32:02] The Integrity in Active Real-estate Investing
- The responsibility and role as a Key Principal, General Partners, and Limited Partners
- Randy shares his experience as a General Partner.
- Being aggressive in underwriting.
- Randy talks about his next acquisition plan.
- The shift to active investing.
- Randy shares his experience in dealing with unexpected events in active investing.
- The integrity as an active investor.
- Being a very active-passive investor.
[32:03 – 37:23] Closing segment
- If your great-great grandkids are to write a book about you, how would you like it to be titled?
-
- A husband, father, and friend who builds values in others.
- Connect with Randy.
-
- See the links below.
- Final words from me.
Tweetable Quotes:
“You have to develop your own strategy, and to me, it began with education.” – Randy Langenderfer.
“No deal is better than a bad deal.” – Randy Langenderfer
“I always tell my students to be a very active-passive investor. Ask questions, review the report, and do your due diligence.” – Randy Langenderfer
You can connect with Randy on LinkedIn or check out his websites at www.invest-ark.com/.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today’s guest is Ketan Patel. He is a High-Performance Coach who helps motivated real estate entrepreneurs create more income and impact by aligning their thoughts, emotions, and actions. He has mastered the art of getting results by combining techniques from Tony Robbins, Wim Hof, & Dr. Joe Dispenza. His unique program will give you the clarity, confidence, and strategy you need to achieve your goal faster and create an edge. His achievements include earning an accelerated Doctor of Pharmacy Degree (while Learning English), building a multi-Million dollar rental portfolio by starting from $8k, raising over $10 Million for his multifamily syndication business, and growing a senior care business by a factor of three in just two years.
Let’s listen to Ketan to learn from his inspiring story and the mindset to be successful in capital raising.
[00:01 – 07:29] Opening Segment
- Let’s get to know Ketan Patel
- Ketan shares his background and how he got into real estate and multifamily.
- Two essential things in multifamily real estate.
- The Capital raising program.
[07:30 – 17:49] The Capital Raiser
- The key to finding your strategy in real estate.
- Registration and broker-dealer.
- Ketan shares the beginning of his capital-raising journey.
- Focus your effort into one direction.
[17:50 – 26:19] The Right Mindset in Capital Raising Success
- Ketan talks about his story when he first got in the US.
- The mindset piece in coaching people to become a capital raiser
- Taking action is never a waste because you will always learn something even when you don’t get what you want.
- Mindset and belief is a huge component in real estate.
- Overcome your fear and limiting belief.
- From Wim Hof to real estate.
[26:20 – 35:29] Grow Your Network
- Steps to build your network in capital raising.
- Ketan talks about the material of developing a pitch to build the network in his mastermind group.
- How to grow your investor network list.
- The importance of referral network.
- Nurturing the relationship with the investors.
- How to get the coaching program from Ketan
.
[35:30 – 38:00] Closing segment
- If your great-great grandkids are to write a book about you, how would you like it to be titled?
-
- Always believe in possibilities.
- Connect with Ketan.
-
- See the links below.
- Final words from me.
Tweetable Quotes:
“It is important to have the right mindset, a good strategy, and know-how to execute, otherwise the goals will just remain goals.” – Ketan Patel.
“Use your bandwidth wisely and be focus; it gets you the best result in the long run.” – Ketan Patel.
“Taking action is never a waste because you will always learn something even when you don’t get what you want.” – Ketan Patel.
You can connect with Ketan on LinkedIn. You check out his websites at ketanpatel.com, mukhicapital.com, and his Youtube Channel.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today’s guest is Elisa Zhang. She is the owner/principal of 1000+ unit apartment buildings via 1031 exchange and syndication. After quitting her day job to invest in real estate full-time, she is passionate about teaching others to do the same. She now focuses her time and expertise on helping nine-to-fivers to quit their job by making money while they sleep and retiring faster than they dream.
Let’s listen to Elisa to learn from her inspiring experience and women empowerment.
[00:01 – 13:15] Opening Segment
- Let’s get to know Elisa Zhang.
- Elisa shares her background.
- Elisa talks about the beginning of her journey in real estate.
- The switch from nine-to-fivers to full-time real estate
- Venturing out of state.
- Investment in the education and networking programs.
[13:16 – 29:10] Third-party Property Management
- 1031 exchange.
- When to have a third-party property management team.
- The reasons to do self-management and opening your own PM company.
- Efficiency in expenses
- Elisa talks about how she manages her Phoenix market.
- Elisa explains about her partnership model
[29:11 – 38:04] Women Empowerment in The Industry
- Finding investors.
- Women empowerment in the IT industry and real estate
- Why she focuses on the capital stack
- Benefits of networking conferences and programs.
- Asset management.
- Building long-term relationships and partnerships.
- Passive investors summit overview.
[38:05 – 45:44] EZ Financial Indenpent University
- Elisa shares the background story EZ-FIU program.
- The goals and vision of EZ-FIU expansion.
[45:45 – 52:03] Closing segment
- If your great-great grandkids are to write a book about you, how would you like it to be titled?
-
- One Million Zero to One
- Female empowerment
- Connect with Elisa.
-
- See the links below.
- Final words from me.
Tweetable Quotes:
“If you in control of the capital stack, then the rest of the business falls into places, and you will have more influence.” – Elisa Zhang.
“Women empowerment is not just about the grassroots movement; it has to be coming from the top as well.” – Elisa Zhang.
“In building a long-term relationship, it’s the quality that matters, not the quantity..” – Elisa Zhang.
You can connect with Elisa on LinkedIn. You check out her website at www.ezfiuniversity.com/ and https://realestatesalestraining.online/
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today’s guest is Marques Ogden. In 2003 he was drafted into the NFL as an offensive lineman; after five years of playing in the league decided to retire and pursue a career in construction and contracting. At the age of 27, Marques founded a construction company called Kayden Premier Enterprises.
His company had fast growth, but eventually, he went bankrupt, losing almost two million dollars. During his darkest hours, he pulled himself together, with hard work and determination, to finally became an inspirational keynote speaker, executive coach, best-selling author, and marketing leader, helping to build the success of others.
Let’s listen to Marques to learn from his inspiring life story and reaching your goals in life.
[00:01 – 05:34] Opening Segment .
- Marques’ struggles with drugs and alcohol.
- Faithfulness during the darkest days.
[05:35 – 16:29] Taking Ownership and Responsibility For Your Life
- Never get mesmerized by early success; doing that is the beginning of your downfall.
- Managing your ego and not letting it get the best of you.
- Write down your three biggest strengths.
- The inner drive to move forward.
- Taking responsibility and accountability for what we do.
[16:30 – 28:40] The Bridge Between Goals And Accomplishments
- Discipline is the bridge between goals and accomplishments.
- What makes Marques’s company different from others.
- The importance of having a coach or a mentor.
[28:41 – 32:02] Closing segment
- If your great-great grandkids are to write a book about you, how would you like it to be titled?
-
- Legacy Never Sleeps.
- Connect with Marques
-
- See the links below.
- Mastering 5 steps process [SALES]
-
- Strong, Action-oriented, Layout Efficient Strategies.
- People do business with who they like.
- Final words from me.
Tweetable Quotes:
“Never get mesmerized by early success; doing that is the beginning of your downfall.” – Marques Ogden.
“Everything starts from within when you have the determination to say to yourself that you need to take ownership and responsibility of your life.” – Marques Ogden.
“A good coach helps you makes more money but also keeps you from losing what you currently have.” – Marques Ogden.
You can connect with Marques on LinkedIn. You check out his website at marquesogden.com or shoot him an email to marques_ogden@yahoo.com.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today’s guest is Kevin Galang, the co-founder of Community Copilot, a software sales engineer, note investor, and host of two podcasts, Tech Guys Who Invest and Note Nuggets!. He is passionate about three things, living abundantly, personal development, and convincing people that the American dream is more of a nightmare.
While working at tech sales, he focuses on investing in the mortgage note while helping other business professionals turn other people’s debt to income for their savings or IRA through public speaking at webinars and local real estate meetups. He believes that you can not save your way to financial security; investing is a must!
Let’s listen to Kevin to learn more about Note Investing.
[00:01 – 05:55] Opening Segment
- Let’s get to know Kevin Galang.
- Kevin shares brief information about his background
-
- Currently, work in tech sales as his 9-5 job.
- He shares his parent’s view of success.
- He talks about his girlfriend’s influence on real estate investment.
- Why he chooses note investing.
-
- Owning the debt
- Kevin talks about how and when he started the note investing business.
[05:56 – 12:25] Note Investing Business
- What’s interesting about notes compare to other assets.
- Promissory notes.
- Buying debts
- Kevin talks about his focus on mortgage notes.
-
- Not being responsible for any maintenance.
- Multiple ways to find notes
-
- Institutional notes
- Investors
- Mom-and-Pop Notes
- The advantage of working with private citizens vs. institutions or investors.
- The possibility of negotiating for notes.
- Mortgage interest rates
-
- A yield.
- Partner-up and partial note.
[12:26 – 19:00] The Grand Slam Note
- Notes can only be bought in cash.
- What to look for in buying Notes.
-
- How much equity is in the property?
- What’s the history of the borrower?
- What the process would be to foreclose (judicial vs. non-judicial)
- Kevin talks about his criteria for buying notes
-
- The loan balance compared to the value of the property
- Investment to value (ITV)
- The ideal situation in note investing.
-
- 50% ITV with strong payment history.
- Reasons why people would default on their notes.
- Performing notes and non-performing notes.
- Kevin talks about the certain market that he is looking at currently.
[19:01 – 31:00] Foreclosing
- Kevin talks about the process after the foreclosure happens.
-
- Depending on who you work with and the inside of the property
- Either sell it as it is or fixes and renting it out.
- Create a new note
- Certain asset classes that Kevin is currently looking at.
- Secure debt and unsecured debt
- Kevin shares how to find notes
-
- LinkedIn, webinar, networking, and directly to banks.
- Public records, paperstac.com, notesdirect.com, etc.
- Direct mailers to find notes.
- Avoid ‘Daisy Chains’ notes.
- The approach strategy and foresight in notes investing.
-
- Forbearances.
[31:01 – 33:37] Closing segment
- If your great-great grandkids are to write a book about you, how would you like it to be titled?
-
- Inspire others not to minimize themselves.
- Connect with Kevin.
-
- See the links below.
- Final words from me.
Tweetable Quotes:
“With note investing, there are so many ways you can make money and so many ways that you can protect yourself.” – Kevin Galang.
“One thing we learned in 2021, that nothing is guaranteed, a whole industry can be flipped in a moment with everyone in it..” – Kevin Galang.
“You have to be really aware and avoid daisy chains note, by checking who is selling the note.” – Kevin Galang,
You can connect with Kevin on LinkedIn. Or you check out his podcast notenuggets.com/podcast or www.tgwipodcast.com and email at kevin@notenuggets.com.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today’s guest is Carson Hess; He is the Co-Founder of Development AI, a platform that helps real estate developers identify the source of underutilized properties and mitigates entitlement risk. Carson is a Boston-based investor and the co-founder of the success-minded, a content site that helps Millenials with personal finance, investing, and how to live a meaningful life.
Let’s listen to Carson to learn more about his inspiring story and real estate zoning.
[00:01 – 05:15] Opening Segment
- Let’s get to know Carson Hess
- Carson shares brief information about his background
-
- He read Rich Dad, Poor Dad by Robert T Kiyokasi
- He studied mechanical engineering.
- He has a background in construction management.
- He is currently focusing on sales and business development.
[05:16 – 12:10] The Huge Transition
- Carson talks about his experience in ground-up development.
-
- He met and formed his first relationship with a real estate developer in Boston.
- He talks about his mentor in sales and business development.
- The huge transition from mechanical engineering to start-up in technology.
- Carson shares the biggest challenges in his transition
- How quickly you can learn what the market needs, translate what your customers need to your products, and how fast you can respond to changes in the business environment.
- Be able to learn lessons from minor inputs and extract large lessons.
[12:11 – 2:15] Real Estate Zoning Platform
- Carson gives a brief introduction about The Development of AI.
- How The Development AI works.
- The hardest part about real estate zoning development.
- The importance of understanding the zoning in different cities.
- The growth in the development play.
- The format and subscription of The Development AI.
- The pace of the zoning rules and restrictions shift.
- Carson talks about the layers and visuality of the platform.
- The potential progress of the platform
- Carson talks about the current location focus and expansion of the company.
- Partners and team of The Development AI.
- The significance of speed and information in the real estate industry.
[27:20 – 31:56] Closing segment
- If your great-great grandkids are to write a book about you, how would you like it to be titled?
-
- Theme: Sacrifice.
- Sacrifice a lot to turn those opportunities into something tangible and real.
- Connect with Carson
-
- See the links below.
- Final words from me.
Tweetable Quotes:
“it's so much just about how quickly you can educate yourself.” – Carson Hess.
“Having that sort of information readily available is something that could be a real game-changer when it comes to what property to drill down on.” – Carson Hess.
“It’s about how quickly you can learn what the market needs, translate what your customers need to your products, and how fast you can respond to changes in the business environment.” – Carson Hess.
Mentioned Links:
- Rich Dad Poor Dad by Robert T Kiyosaki - https://amzn.to/3tTmLIU
Connect with Paul online!
Instagram - @carson_hess
LinkedIn - in/carsonhess/
Visit his website at www.developmentai.net and www.thesuccessminded.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn (in/nico-salgado-3259481a2), Instagram (@_nico_salgado), and Facebook (@nicosalgado456) or check out my website https://smallaxecommunities.com/ and book a call with me.
Today’s guest is Paul Ross. He is a master hypnotist, master trainer of neuro-linguistic programming, and internationally recognized author and speaker. For over 30 years, he has taught thousands of people the power of language to influence, persuade, sell, heal, and turn stumbling blocks into stepping stones.
Let’s listen to Paul and explore the world of influence, persuasion, and mindset in a practical and incredible way.
[00:01 – 04:55] Opening Segment
- Let’s get to know Paul Ross.
- Paul shares a brief explanation of what hypnosis means.
-
- Create and expand the state of consciousness.
- The art of selling decisions and good feelings about the decisions.
- Paul shares the story about his background.
-
- A master hypnotist
- He is a former dating coach
[04:56 – 15:39] Explore the world of Influence, Persuasion, and Mindset
- Paul breaks down the real meaning of manipulation.
-
- Manipulation is simply the art of capturing and leading the imagination and emotion of the other person, so they convince themselves to do what it is you want them to do.
- Paul talks about a book titled “Teaching As a Subversive Activity” by Neil Postman.
-
- Putting the words back on the student to do the thinking themselves
- The art of suggestion and being vague
-
- Implied relationship suggestion
- Your language structured consciousness shapes your decision and drives your behavior.
- The power of subconscious communication.
-
- Enhance your negotiating skills and process without changing it.
[15:40 – 35:15] The Pattern Interrupt
- The pattern interrupt
-
- giving suggestions to stop and rethink.
- The more certain you attempt to get, the more the opportunity slips through your fingers.
- When you interrupt people’s patterns, they become suggestible.
- The importance of staying neutral in the negotiation process.
- Transferases
-
- The law of compound suggestion.
- Paul talks about the progress of increasing your negotiation skill and working with him.
- Using language in relationships and opening people up for different levels of communication.
- When you want to get to know someone, get curious.
-
- Get curious about people’s moment of discovering and uncovering how they find their path.
- Evoking the process, not the fact.
[35:16 – 39:53] Closing segment
- If your great-great grandkids are to write a book about you, what would you like it to be titled?
-
- The Wizard of Words.
- Connect with Paul.
-
- See the links below.
- Paul shares some of his free training programs.
-
- Rapid sales accelerator training.
- 23-minute audio training on how I learn to sell.
- Final words from me.
Tweetable Quotes:
“Manipulation is simply the art of capturing and leading the imagination and emotion of other people so they convince themselves to do what it is you want them to do.” – Paul Ross.
“Your language structured consciousness shapes your decision and drives your behavior.” – Paul Ross.
“When you interrupt people’s patterns they become suggestible.” – Paul Ross.
Resources Mentioned:
- Subtle Words that Sell by Paul Ross
- Teaching As a Subversive Activity by Neil Postman
You can connect with Paul on LinkedIn. Or you can visit his website at www.paulrossbook.com/ and to apply for his mentoring program you can visit www.speakerpaulross.com/.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today’s guest is Mandy McAllister; she is a multifamily real estate investor, a mindset ninja, eternal learner, coach, and dot-connector. Her passion is to help others find their path to financial freedom through syndications coaching and her platform for aspiring women to achieve more.
Let’s listen to Mandy to learn more about mindset ninja and the path to financial freedom.
[00:01 – 05:04] Opening Segment
- Let’s get to know Mandy McAllister.
- Mandy shares the story about her background.
-
- She got her master’s degree in economics and went into tradings.
- She transitioned to medical sales.
- Seriously dive into real estate since 2016 with fourplex.
- Lived in Chicago but invested primarily in Indiana Polis.
- Mandy talks about being granular in one market area.
-
- You can’t be an expert on anything unless you go a mile deep and an inch wide.
[05:05 – 13:29] Mindset Ninja
- Mandy talks about the importance of the mindset.
-
- 80% of anything is the mindset, and the other 20% is the mechanic.
- You have got to know yourself first to do anything.
- Mandy talks about her criteria in real estate.
-
- The dynamics and fluctuation of investment
- The business strategy to face and handle the low interest rate.
-
- Give up something to be able to look at the pond that not everybody else is looking at.
- Mandy talks about the joint venture that she is currently working with.
- Mandy shares her thought on syndication.
- How to look at a different group of accredited investors who might be interested in a longer-term hold
-
- Look for the thing that would meet the criteria in terms of Golden Child syndication.
- Continue to expand your passive investor database by fishing in another pond.
[13:30 – 25:54] The Path to Financial Freedom
- Mandy shares her way of enhancing her knowledge and education.
-
- Read 100 books in a year goal.
- Aspiring Women Achieving More community.
-
- We are learning and connecting with other women who want to talk about deeper things.
- Accountability and life-goal discussion.
- Mandy talks about the benefits of audible books.
- Parenting and inherit a good work ethic to your children.
- Mandy shares how she coordinates her days and routine.
-
- Ruthless time management.
- We can be aware of a lot of things but we can only focus on one thing at a time.
- Mandy talks about the various level of financial freedom.
-
- It brings a significant level of power n your life.
- Map out what it cost to live your life.
- Figuring out the path to financial freedom.
-
- If you can make your problem granular, it becomes way more approachable.
[25:55 – 29:27] Closing segment
- If your great-great grandkids are to write a book about you, how would you like it to be titled?
-
- You Can Do Hard Things
- Connect with Mandy.
-
- See the links below.
- Final words from me.
Tweetable Quotes:
“You can’t really be an expert on anything unless you go a mile deep and an inch wide.” – Mandy McAllister.
“It doesn't matter if you know 100% of everything if you are not willing to take action and go make it happen..” – Mandy McAllister.
“If you can make your problem granular, it becomes way more approachable.” – Mandy McAllister.
Mentioned Links:
- Rich Dad Poor Dad by Robert Kiyosaki
- Deep Work by Cal Newport.
You can connect with Mandy on LinkedIn. Or you can visit her website at www.mandymcallister.com/ and goodfortuneprop.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today’s guest is Trevor Oldham, the founder of Podcasting You. He provides people with the options and opportunity to reach a broad network of people through booking them on other people's podcasts. He has successfully helped out a ton of Real Estate Investors and syndicators to grow their business and influence from podcasting.
Let’s listen to Trevor to learn more about his inspiring story and how he grows his business through the podcast.
[00:01 – 05:39] Opening Segment
- Let’s get to know Trevor Oldham.
- Trevor shares the story about his background and how he got to where he is today.
-
- He runs a company called Podcasting You.
- He has been working and starting some small businesses throughout high school and college year.
- He built a company that grew so quickly in the first year but burnt out in the second year.
- He started freelancing the skill that he has learned and started a new business.
- Trevor explains the services he provides in Podcasting You.
-
- Help people to get booked on podcasts.
- Help people to share their stories and their offerings of what they have available.
- Focusing on the point A and B in the story
-
- Share about the topic that people want to hear about your success.
- Share about the beginning and the process of your story so people could see the full scope of your story.
[06:20 – 17:59] Grow your Influence and Business through Podcast
- Trevor shares some advice for people who are in the beginning stages of podcasting
-
- Start with a newer podcast, to begin with.
- Use the Listen-notes tool to find podcasts.
- Trevor shares about the beginning of his podcasting career.
-
- Have the consistency to push yourself to become uncomfortable.
- The benefits of being on the podcast.
-
- Giving you the exposure that you need and reach more audiences.
- Increase your credibility.
- It helps you to get more SEO for your website from the show notes.
- The podcast strategy to help your business reach its target audience.
- The backfill episodes
- Attracting audience
-
- Share about what makes your story unique.
- Tips in creating a pitch
-
- Customized 4 - 6 sentences for every podcaster
- Do not make the first sentence about yourself but the podcast host.
- Listen to a few episodes before so that you can relate to the host.
- Include a link to your one-sheet where your full bio is going to be.
[18:00 – 24:19] Working with Podcasting You
- Trevor talks about the process of working with Podcasting You
-
- Find out what are their potential clients’ goals.
- Take someone on to receive the monetary return
- Look at their experiences and story.
- Podcasting will help you to grow your business but not merely the biggest thing to explore your business.
- Trevor does the due diligence before hopping on a call with his potential client.
- Trevor shares his vision with Podcasting You company
-
- The company is currently expanding to get more leads.
- He shares his roles in the company.
- He shares his personal goals for this year.
-
- Get more speaking engagements and make more connections in the space.
- Trevor talks about taking a public speaking course and training.
-
- It would help you get over your fear and crafting your story.
[24:20 – 27:30] Closing segment
- If your great-great grandkids are to write a book about you, how would you like it to be titled?
-
- Never Giving Up.
- Connect with Trevor and Podcasting You. See the links below.
- Final words from me.
Tweetable Quotes:
“I think it's important not to let out the point of that we basically start with nothing because no one really born with a knack of knowing how to invest in real estate” – Trevor Oldham.
“If you can show the uniqueness about yourself, it will increase your chances of getting on a show .” – Trevor Oldham.
“Podcasting will help to grow your business but not merely the biggest thing to explore your business.” – Trevor Oldham.
Mentioned Links:
- Listen Notes Tool
You can connect with Trevor on LinkedIn and email trevor@podcastingyou.com. Or you can visit his website at https://podcastingyou.com.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today’s podcast is part 2 of the Accountability series podcast. In this series, there will be four separate episodes at the end of each quarter of 2021 with various guests and backgrounds.
They have in common that none of them own any multifamily real estate as an active investor. My goal is to share their documented process in taking their multifamily journey to the next level.
Let’s listen to this episode and learn more about their inspiring story and how they take their multifamily journey to the next level.
[00:01 – 03:39] Opening Segment
- I share a brief introduction of this podcast series
-
- Part 2 of the Accountability series
- Four separate episodes with different guests and backgrounds.
- Three main goals of this series
-
- Document their process.
- Share the stories of their journey.
- Understand what it takes to be an active or passive investor.
[03:40 – 26:00] The Platform to Giveback - Joey Arico and Jonny Wilson
- Let’s get to know Joey Arico and Jonny Wilson.
- Joey shares the story about his background
-
- Mechanical engineer background and experience.
- Limitedly involved in a large transactional volume of real estate design and development
- Jonnyshares the story about his background.
-
- Sales and marketing background with a political science degree.
- Experienced in tax sales and medical device sales.
- Joey and Jonny talk about how they join Jack and Gino Community.
- How and why they decided to go into multifamily.
-
- A platform to give back to our community
- A vehicle for self-development and Financial Freedom
- Jonny and Joey talk about finding their target market.
-
- Phoenix, Arizona.
- Jonny and Joey share their current focus.
-
- Rent comp shopping.
- Vetting in market operators.
- Building team and relationships.
- Phase 1 property criteria
-
- Analyzing the market and determining the direction.
- The personal reasons why they chose Phoenix, Arizona.
- Jonny and Joey talk about the dynamic of their partnership.
- The goals for 2021
-
- Weekly goals to check on the development.
- Close their first deal this year.
- Underwrite 100 deals in 6 months.
- Strategy in buying deals
-
- Consistently working on the underwriting.
- Trying to get honest feedback from our brokers.
- Build out how to finance the deal and raise the capital.
- Jonny and Joey talk about their integration strategy to develop.
- Final words from me.
[26:01 – 42:19] The Constant Growth of Mindset- Jhae Antoc
- Let’s get to know Jhae Antoc.
- Jhae shares the story about his background
-
- Based in San Francisco bay area.
- Currently working as an ER nurse.
- He shares how he started to join Jack and Gino community.
- Jhae talks about why he chose multifamily real estate
-
- Creating multi-generational wealth.
- Gives him financial freedom.
- Jhae shares his goal to own real estate.
- Jhae talks about his real estate education
-
- Constant growth mindset and finding your strength.
- Monthly coaching and underwrite as much as possible
- Fostering relationships with people in the group.
- He talks about his target market
-
- Phoenix, Arizona
- He talks about his strength and role in working with a team.
- Jhae talks about his mission to learn more about the business and his strength.
- Jhae shares his short-term and long-term goals.
- He talks about his routine in learning and works on his real estate journey.
- Final words from me.
[42:20 – 56:01] Constant Learning and Growing Process - Chad Tucker
- Let’s get to know Chad Tucker
- Chad shares his background
-
- Florida-born and natives.
- Working as a firefighter for 15 years.
- Creating a legacy for his children through multifamily real estate.
- Chad shares the reason he chose multifamily rather than wholesaling.
- Chad talks about how he joined the Jack and Gino community.
- He talks about his current target market
-
- Central Florida.
- How wholesaling background would help translate into the multifamily side.
- Chad talks about his strategy in real estate.
- He shares about his capital source in doing fix and flip.
- The deal criteria
-
- 12% IRO in average.
- 6-7% cash on cash by year one.
- Chad talks about his routine in doing real estate.
-
- Time blocking.
- Chad shares his personal short term and long term goals
-
- Create a podcast show.
- Close his first deal.
- Finding a way to replace his W2 income.
- He talks about his current focus.
- Final words from me.
Tweetable Quotes:
“Multifamily investing, you know, could be a platform to give back to our community, you know our family and friends, while also being a vehicle for self-development International Freedom.” – Joey Arico and Jonny Wilson.
“What is most important is fostering the relationship with the people in the group” – Jhae Antoc.
“Anything you do that takes you out of your comfort zone is going to reward you even more.”– Chad Tucker.
You can connect with Joey via email at jarico14@gmail.com
You can connect with Jonny via email at jonnymwilsonsd@gmail.com or call to 619-726-6673.
You can connect with Jhae via email at jhae_antoc@yahoo.com.
You can connect with Chad at email tuckerholding@gmail.com.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today’s podcast will be a special one, as we are having the beginning of the Accountability series podcast. In this series, there will be four separate episodes at the end of each quarter of 2021 with various guests and backgrounds. They have in common that none of them own any multifamily real estate as an active investor. My goal is to share their documented process in taking their multifamily journey to the next level.
Let’s listen to this episode and learn more about their inspiring story and how they take their multifamily journey to the next level.
[00:01 – 03:39] Opening Segment
- I share a brief introduction of this podcast series
-
- Accountability series
- Four separate episodes with four different guests and background.
- Three main goals of this series
-
- Document their process.
- Share the stories of their journey.
- Understand what it takes to be an active or passive investor.
[03:40 – 23:05] The Financial Intelligence - Brian Hemedinger
- Let’s get to know Brian Hemedinger.
- Brian shares the story about his background
-
- He grew up in a middle-class household in NY
- Developed interest in acting and music at a young age.
- Shifted his focus from his acting career to salesperson and leadership.
- He got passionate and certified as a life coach.
- Brian shares about his foundational motivation from his mentor to shift gear in his career.
-
- Think about your intelligence and resourcefulness; if at some point you decide this is not for you, you are going to have other choices.”
- The financial intelligence.
-
- He shares his turning point in realizing the importance of financial intelligence.
- Transition to the multifamily space.
-
- Learned the hard way about the depreciation recapture and capital gains tax.
- He shares how he Joined Jack and Gino community.
-
- Multi-family is something that has a higher barrier entry.
- Brain talks about the market he chose in multifamily.
- The power of working with other people
-
- You can leverage a team, the skill and talents of other people to work collaboratively.
- Brian talks about his goals and where does he see himself moving in a few months.
-
- Generate enough income from real estate investments within the next five years to be able to max or exceed his current income.
- Do more coaching outside of his current role.
- Increase in his personal development and put it into action.
- Brian talks about certain criteria of size and class that he is currently looking for.
- Final words from me.
[23:06 – 38:44] The Big Why - George Rodriguez
- Let’s bring George Rodriguez to the show
- George shares the story about his background
-
- Starting entrepreneurship at a young age
- He got hooked on the fix and flip and shifted his focus on multifamily.
- He shares the reason he chose multifamily.
-
- He values multifamily because of the financial freedom aspect and how you can build it into a real business.
- Leave a legacy.
- He shares how he started to join Jack and Gino community
-
- When you join the right community, you Increase your chances for success.
- He talks about his educational journey in real estate.
-
- Having conversations with brokers and underwrite deals.
- The benefits of working with a coach.
- George talks about his market, strategy, and why he chose that area.
-
- The type and class criteria of his market.
- Building and developing the key relationships.
- Networking strategy
-
- The ability to pivot.
- George talks about his strength in a team.
-
- The skillset of managing a crew and communicate.
- George shares about the area that he is lacking or struggling with within the business.
- The learning and transition process to the multifamily business.
- George talks about his goals in life
-
- The big Why
- Final words from me.
[38:45 – 55:21] Constant Learning and Growing Process - Gemma Bark
- Let’s get to know Gemma Bark
- Gemma shares about her background
-
- Born in Southern California.
- Raised in a small family business
- She moved to San Francisco and work in software sales after college.
- Gemma shares how she joins Jack and Gino community.
- The reasons why she chose multifamily.
-
- A great way to get passive income that makes sense.
- Gemma shares the beginning of her journey as a real estate broker.
- She talks about her current market focus.
- The challenges of having a market across the state.
-
- Doing the due diligence and make an effort to travel across the state.
- The position on a team
-
- Honing on her strengths and how she can bring her skills to benefits the team.
- Broker relationship and money-raising side.
- She shares her experience in her few first broker calls.
- Gemma shares her short-term and long-term goals.
- The time spends and energy to work in W2 and multifamily business.
-
- Time block and making sacrifices.
- Unit count and means of getting in syndication.
-
- Around 1000 units in 10 years.
- Learning multifamily and self-storage.
- The end goal of income.
- Open for partnership.
- Final words from me.
Tweetable Quotes:
“Think about your intelligence and resourcefulness, if at some point you decide this is not for you, you are going to have other choices” – Brian Hemedinger.
“When you want to start something, you have to immerse yourself and be obsessed with it .” – George Rodriguez.
“If you are not constantly growing, learning, and changing, you are not going to keep up.” – Gemma Bark.
You can connect with Brian via email brian.hemedinger@gmail.com.
You can connect with George via email Jorge@gojorge.com.
You can connect with Gemma via email gemmabark@gmail.com.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today’s guest is Jim Pfeifer, a professional Passive Investor and the founder of Left Field Investors. He focuses on helping like-minded individuals invest in real assets and financial strategies to accumulate sustainable, long-term wealth. He is also the host of Passive Investing from Left Field.
Let’s listen to Jim to learn more about his inspiring story and how he builds success through passive investment.
[00:01 – 05:39] Opening Segment
- Let’s get to know Jim Pfeifer.
- Jim shares the story about his background and how he got to where he is today.
-
- He studied finance in college and worked in the finance business for 12 years.
- He maxes out his 401k, investing in the stock market and mutual funds.
- He became a teacher and financial advisor for a while.
- Jim talks about how he started his career in real estate.
-
- He became an accidental landlord and self manage it.
- He turned one cash-flowing asset into three cash-flowing assets.
- The 1031 exchange
-
- It is investing in syndication that allows cost segregation.
- Syndication through self-directed IRA.
- He focuses on passive income from syndication.
[05:40 – 11:40] Reaching Success with Passive Investing
- Jim talks about his goal in passive investing and retirement plans.
- Invest the small amounts in multiple different sponsors.
- The issue with passive investing is it takes a long time before you figure out if the deal was a good one or not.
- Vetting sponsors and networking
- The perks of having assets producing cash flow.
- How to structure your income
- Jim shares about his family and the start of his career.
- The monthly targeted number
- Jim talks about his past career as a financial advisor.
[11:41 – 21:36] The Left Field Investors
- Jim talks about how he started the Left Field Investors community.
- The growth of Left Field community.
- It provides a lot of information for people interested in passive investing.
- The infielders’ section.
- Tools to evaluate deals and deal trackers.
- Jim talks about the free monthly meetings to learn more about passive syndication.
- Helping people that have smaller means to be able to get into passive investing.
- The benefits of being in a community of like minded people.
[21:37 – 35:59] Vetting Deals and Syndicator in Passive Investment
- Jim talks about how he vets deals and syndicators.
-
- Track records
- Communication.
- Experiences.
- The importance of developing relationships and transparency with your syndicator.
- Red flags on vetting syndicator.
- Jim talks about how he looks at the market and finds his deals.
-
- Smaller secondary market
- Why having the right syndicator is essential.
- Jim shares how long it usually took him to trust a syndicator and decide to work with them.
- The marketing side that is affecting his decision.
- Jim talks about his opinion on high equity numbers.
-
- It is not about the numbers; it is about the explanation and justification on it.
[36:00 – 39:09] Closing segment
- If your great-great grandkids are to write a book about you, how would you like it to be titled?
-
- Financially curious and finding new ways to build wealth
- How he built the financial community that helps others to be financially free and build weath.
- Reach out and listen to The Passive Investor Show podcast
- Connect with Jim and join his community. See the links below.
- Final words from me.
Tweetable Quotes:
“The issue with passive investing is it takes a long time before you figure out if the deal was a good one or not..” – Jim Pfeifer
“We are trying to make it accessible to everybody because Wallstreet and stock market is not the only palace for you to put your money, you can do syndication regardless of how much money you got.” – Jim Pfeifer
“When you do business with people, I believe that if you can develop a relationship, it makes a huge difference because when there are problems, and you can talk them through” – Jim Pfeifer
You can connect with Jim on LinkedIn and email atjim@leftfieldinvestors.com. Or you can visit his website at https://leftfieldinvestors.com/ and listen to his podcast Passive Investing from Left Field.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today’s guest is John Fortes, also known as The Passive Investor Consultant. He is the founder of The Fortes Company, which partners with working professionals seeking to invest in the diversified commercial multifamily fund because they don’t have the desire or time to own real estate and fully operate it. By leveraging John’s experience, he has helped families invest over $70 million in multifamily investments.
John is also the host of The Passive Investor Show podcast and showcases the value of investing in real estate funds to provide a true hands-off investing audio experience.
Let’s listen to John to learn more about his inspiring life story and real estate journey that takes him to financial freedom at such an early age.
[00:01 – 07:39] Opening Segment
- Let’s get to know John Fortes.
- I talk about how we met.
- John shares the story about his background and how he got to where he is today.
-
- He has a background in IT and basketball official.
- He talks about his urgency to create cash flow from passive income.
- John talks about how he started his career in real estate.
-
- Multifamily scaling
- Involved in Jack and Gino Community
- HE shares about his syndication journey.
- John shares some protip in real estate investing.
-
- Don't ever sell an asset for less than a year if you have investors in it; you don't want them to get hit with short-term capital gains.
[07:40 – 15:00] The Elusive Deal
- John talks about his deals in Florida.
-
- The elusive deal
- He was refining his criteria and transforming his approach in Florida.
-
- 62 units in Johnson City Tennesee
- 41 units in Chattanooga
- 528 units in Urban Texas in Dallas.
- You don’t just get lucky, but you talk to the right people and put yourself in certain positions.
- John talks about his plan to focusing on deals in Florida and relocate there.
- Look for the right fit, not the compensation.
- John talks about his specific targeted asset class and size.
[15:01 – 39:14] Creating Fund and Build A Sustainable Real Estate Business
- John talks about the tenant-based of A, B, C, and D rate classes.
-
- A; Executive type of market
- B; Management type of market
- C; Employees type of market
- D; blue-collar types
- John explains what the capital gains tax is and how it works.
-
- Find the right time to flip.
- John talks about his funding and how people can get involved in it.
-
- Find the right people to partner with.
- Take that capital you have, go and create a fund, raise your investors’ capital, and start putting it into assets that work.
- Build a sustainable real estate business vs. transactional business.
-
- If you are creating a fund, you are allowed to create a sustainable business.
- John talks about ways to structure your fund.
-
- There are a lot of ways to be creative with the fund and leverage.
- Gives your investor a lot of diversification.
- John explains about ‘the schedule K1’ and its benefits.
- John talks about structuring the fund and identifying the assets from the investor standpoint.
- The various ways of creating a fund for your business.
[39:15 – 43:26] Closing segment
- If your great-great grandkids are to write a book about you, how would you like it to be titled?
-
- No Quit.
- Reach out and listen to The Passive Investor Show podcast
- Connect with John. See the links below.
- Final words from me.
Tweetable Quotes:
“You don’t just get lucky, but you talk to the right people and put yourself in certain positions.” – John Fortes.
“Don't ever sell an asset for less than a year if you have investors in it; you don't want them to get hit with short-term capital gains.” – John Fortes.
“Take that capital you have, go and create a fund, raise your investors’ capital, and start putting it into assets that work..” – John Fortes.
You can connect with John on Facebook and email at john@fortesco.com. Or you can visit his website at https://johnfortes.com/, www.projectedreturns.com for his investment tracker, and www.passiveinvestorshow.com/ to listen to his podcast.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today’s guest is John Burpee, the CEO and president of John Burpee & Associates. He has over 30 years of experience in multifamily real estate. Over his career, he has brokered over $.800 million in multi-family investment real estate in Florida. He is widely recognized as the premier expert for multi-family broker services at Tampa Bay and throughout Florida.
Let’s listen to John to learn more about his inspiring life story and real estate journey that takes him to financial freedom at such an early age.
[00:01 – 05:00] Opening Segment
- Let’s get to know John Burpee.
- I talk about how we met.
- John shares the story about his background and how he got to where he is today.
-
- He grew up in a real estate family and industry.
- He took over the family business after his father passed away at his early age.
- John talks about the beginning of his career in real estate.
- Time heals all wounds in real estate.
-
- If you can weather the test of time, you’ll come out on the better side of the real estate investment no matter how bad it gets.
[05:01 – 11:44] The Generational Gap in the Family Business
- John talks about the first few years when he took over the family business.
- The age gap and generational difference.
-
- They are bringing old knowledge into new technology.
- John talks about where his business is located at the moment.
- Why he chooses Tampa Bay, Florida.
[11:45 – 26:00] The Development and Growth in Tampa Bay
- John talks about some of the fastest-growing regions in the Tampa Bay area,
- The upsides of the Tampa Bay area.
-
- It is known to be quiet coast vs. the east coast that is more metropolitan.
- John talks about the effect of the Pandemic in Tampa Bay and why it is not very affected much.
-
- A quiet tourist destination.
- John talks about some of the Government innovation projects in Tampa Bay.
- Middle-class neighborhood to invest in Tampa Bay
-
- The target area for the investor to invest in duplex and other properties.
- The house flipping returns in the highly sought-after neighborhood.
- Seminole Heights market
-
- The go-to-market in Tampa Bay.
- A definite amount of growth in those areas in 5 years.
- The University area market in Tampa Bay.
-
- It used to be a secondary market but now has come into its own.
- 97.7% built out of usable land in the Tampa Bay area.
- John talks about the investor market that is buying and targeting the Tampa Bay area.
-
- The increase of investors from other states for the last six months.
- The 2020 pandemic had zero effect on home prices in home sales during a year.
-
- It’s just a matter of time, time going to heal the pandemic wound; it’s just how long we can endure for those wounds to go on.
[26:01 – 30:45] Consistency in Growth
- John talks about the consistency and stability in investment growth.
- John talks about one of his deal experiences.
-
- Four full-price offers by the next day when he put it on the market.
- John shares his family dynamic in real estate and his family business.
-
- Building legacy.
[30:46 – 33:42] Closing segment
-
If your great-great grandkids are to write a book about you, how would you like it to be titled?
-
- Fiercely Honest
- Connect with John. See the links below.
- Final words from me.
Tweetable Quotes:
“If you can weather the test of time, you’ll come out on the better side of the real estate investment no matter how bad it gets..” – John Burpee.
“Bringing old knowledge into new technology.” – John Burpee.
“The 2020 pandemic had zero effect on home price in home sales during a year.” – John Burpee.
You can connect with John through email at john@burpeecommercial.com or visit his website at burpeecommercial.com.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today’s guest is Eng Taing, the CEO and founder of Touzi capital, an investment company focusing on high cash flow assets in Kansas City. He is an experienced real estate investor with a hundred million dollars in assets under management. He also has experience in leading data science and analytics at Apple, Capital One, and AT & AT&T.
Let’s listen to Eng to learn more about his inspiring life story and real estate journey that takes him to financial freedom at such an early age.
[00:01 – 05:14] Opening Segment
- Let’s get to know Eng Taing.
- Eng shares the story about his family background.
-
- The firstborn of a Chinese Cambodian family.
- Born in a refugee camp in Thailand escaping the Khmer Rouge.
- He came to LA when he was 3
- Lived in poverty growing up
- Eng talks about how most of the immigrants are struggling with the scarcity mindset.
[05:15 – 13:04] Sense of Gratitude
- How the sense of gratitude defines his life growing up.
- Eng shares his childhood memory
-
- the first three years of his life
- School years
- Eng talks about how he got the offer to college at the age of 11
- Eng shares about his highest motivation throughout and after college life
-
- Help to lift his family out of poverty.
[13:05 – 23:29] Supercharge your Financial Freedom
- Eng talks about the mindset shift he had to create financial freedom.
- Work not just to build that lasting wealth and financial freedom but to supercharge it.
-
- Motivated to get a sense of security
- Eng talks about the sense of security.
-
- Security can be a good motivation but also a hindrance to your dreams.
- When you seek security so much, you don’t take the necessary risks to achieve the goals you want.
- Eng talks about the beginning of his real estate journey.
-
- Bought his first property 2,5 years after college at the age of 20.
- The predictability and stability of real estate
- Buy and hold strategy.
-
- He shares the story of his savings strategy back then.
- Eng talks about the confidence and comfortability to take a bigger risk and bold moves.
- Real estate and a passive income stream as the base level of income and support to make better decisions
[23:30 – 32:24] Networking and Community
- Eng shares his experience as a Peace Corps Volunteer.
-
- He went to the Republic of Georgia.
- More understanding of the struggle that his parents went through.
- Eng talks about his current focus in real estate.
-
- The vision and mission of Touzi Capital
- Market selection
-
- The importance of networking and being present in the community.
- The pain points and challenges of being an active investor
-
- You can only scale if you know the value of your time and your effort.
- Optimize your time to do something that has a higher value.
[32:25 – 36:14] Closing segment
-
If your great-great grandkids are to write a book about you, how would you like it to be titled?
-
- Partners of Eng
- Focuses on the achievements of people that he helped or partnered with.
- Connect with Eng. See the links below.
Tweetable Quotes:
“Work not just to build that lasting wealth and financial freedom but to supercharge it.” – Eng Taing.
“When you seek security so much, you don’t take the necessary risks that you need to achieve the goals that you want.” – Eng Taing.
“Optimize your time to do something that has a higher value.” – Eng Taing.
You can connect with eng through email eng@touzicapital.com, or visit his website at www.touzicapital.com/. He is also launching soon a new platform https://financialfreedomdecoded.com/.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today’s guest is Anthony Vicino. He is the best-selling author, investor, the founding partner of Invictus Multifamily, and the host of the Multifamily Investing Made Simple podcast. He builds multiple successful businesses by creating systems that scale and by never losing sight of end-user satisfaction.
Let’s listen to Anthony to learn more about the strategy to raise capital, team sport in real estate, and the probability spectrum.
[00:01 – 06:00] Opening Segment
- Let’s get to know Anthony Vicino.
- Visit his website www.invictusmultifamily.com and get a free ebook on the five rules of investing the time-tested strategy of billionaire real estate investors that you can use to take your investment to the next level.
- Anthony shares his life journey and the beginning of his real estate career.
[06:01 – 14:40] End-user satisfaction
- Whoever is closest to the consumers win.
- Anthony talks about his property management company and how he started it.
- His biggest deal without syndicating.
- Real estate location and behind-the-scenes regulations.
- The raising capital strategy in the pandemic situation.
[14:41 – 21:04] Team Sport in Real Estate
- Anthony shares about his first few syndication deals.
- The lending process and track-record.
- The importance of maintaining relationships and networks in multifamily.
- Future potential partnerships.
- The second capital raise in real estate.
- The importance of being reserved and having more backup plans
[21:05 – 29:30] The Probability Spectrum
- The sensitivity test
- Keeping the long-term games
- Keep an eye on the downside and understanding the risk of adjusted return.
- The pain point as a general partner
[29:31 – 31:34] Closing segment
-
If your great-great grandkids are to write a book about you, how would you like it to be titled?
-
- How to book; how to fail your way to success
- Connect with Anthony. See the links below.
Tweetable Quotes:
“Whoever is closest to the consumers wins.” – Anthony Vicino.
“What’s appealing about real estate is that you can insert yourself in any different aspect .” – Anthony Vicino.
“In real estate, we do not really view each other as a competition, but rather as a future potential partner .” – Anthony Vicino.
You can connect with Anthony through Linkedin, or you can email him at anthony@invictusmultifamily.com. Visit his website www.invictusmultifamily.com and check out his podcast Multifamily Investing Made Simple.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Our guests for today are John Batey and Brian Alfaro, two good friends of mine from Blue Oak Capital, a private equity firm in Houston, Texas, that focuses on providing a quality investment in multifamily space. Brian is the managing partner of Blue Oak Capital. John is an active oil trader and real-estate entrepreneur.
Let’s listen to Brian and John to learn more about mindset and keys in switching to the multifamily investment.
[00:01 – 06:57] Opening Segment
- Let’s get to know Brian Alfaro.
- Let’s get to know John Batey.
- John and Brian share about their starting journey in Multi-family space real estate.
[06:58 – 11:25] Switching to Multifamily
- Wheelbarrow profits academy in Jake and Gino community.
- The mindset shift in switching to multi-family investment.
- Opportunity Mindset to get comfortable with word leverage.
[11:26 – 28:07] Blue Oak Capital
- What Blue Oak Capital is.
- Educating people about syndication.
- Brian and John talk about their roles and responsibilities in Blue Oak Capital.
- Multiple hats in real-estate
- Trust but verified.
[28:08 – 34:58] Passive Investor Cheatsheet
- The importance of knowing your team player.
- Background check on your team
- Being passive investor vs. active investor
- Investor first mindset.
- Learning from the sponsorship team
- Being an active-passive investor
[34:59 – 40:20] Closing segment
-
If your great-great grandkids are to write a book about you, how would you like it to be titled?
-
- Brian; Raising the bar
- John; Hustle in peace
- Connect with Brian and John. See the links below.
Tweetable Quotes:
“It’s not about what I can do, but what can we do as a team.” – Brain Alfaro.
“It is the opportunity mindset, not a scarcity mindset that is going to help you get comfortable with the word leverage .” – John Batey.
Resources Mentioned:
- Jake and Gino Community
Email Brian and John at brian@blueoakinvests.com and john@blueoakinvests.com, or reach out to them on John’s LinkedIn and Brian’s LinkedIn. You can also listen to their podcast Prosperity Through Multifamily Real Estate Investing and visit their website blueoakinvests.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Our guest for today is an expert in search engine optimization or SEO. In fact, when you type in the Google search, “the coolest guy in SEO,” his name will appear at the very top of the results. Kris Reid of Ardor SEO joins us in today’s episode to answer the burning questions of many people, particularly of business owners who want to grow their business online.
Let’s listen to Kris and learn why websites don’t appear on the first page of Google search!
[00:01 – 04:26] Opening Segment
- Let’s get to know Kris Reid
- The horrible truth of business according to Kris
[04:27 – 10:20] Backlinks
- The not-so-secret way on how Google works
-
- Listen to this thesis analogy!
- Why over 90% of online content gets no traffic from Google
- Creating content should not be your focus
-
- Kris explains
[10:21 – 19:58] Keywords
- Kris breaks down the SEO process
- What is a lead magnet and why it is important
- How to leverage keyword searching
[19:59 – 29:47] Lead Magnets
- What is a lead magnet and why you should understand it
- The magic of email marketing according to Kris
- Here are strategies from Kris to grow your business
[29:48 – 34:03] Closing segment
-
If your great great grandkids are to write a book about you, how would you like it to be titled?
-
- Listen to his interesting answer!
- Connect with Kris. See the links below
Tweetable Quotes:
“Don’t focus on writing content. Focus on getting backlink.” – Kris Reid
“I wanna live my life to enjoy my life.” – Kris Reid
Resources Mentioned:
- Book: The Infinite Game
- Simon Sinek
- Ahrefs
- The Real Estate Syndication Show
- Entrepreneurs on Fire with John Lee Dumas
- Book: 80/20 Sales and Marketing
- Book: The Daily Stoic
- Book: Ego is the Enemy
- Book: Stillness Is the Key
Email Kris at kris@ardorseo.com or reach out to him on LinkedIn. You can also visit Ardor SEO to learn more about their work. Check them out on Facebook and LinkedIn and listen to their podcast.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Bill Ham is the owner and operator of Phoenix Residential Group and Phoenix Residential Management, as well as the Chief Operating Officer at Broadwell Property Group. He’s been in the real estate business for 15 years and has created a portfolio of over 1,100 units while growing Phoenix Management to a team of 15 staff members.
He has taught real estate for the past 6 years and has dozens of successful real estate students. Today he will talk about his book he’ll be launching and the beauty of non-traditional means to buy properties.
Let’s listen to Bill and learn the beauty of seller financing!
[00:01 – 07:11] Opening Segment
- Let’s get to know Bill Ham
- He doesn’t recommend you making this decision
[07:12 – 16:37] Creative Financing
- Bill talks about these creative financing deals you should know!
- If you don’t have Experience, what is this other “E” you should have?
- Here’s a unique mindset from Bill you’d want to try
[16:38 – 30:43] Seller Financing Options
- Don’t miss Bill’s tips to start a conversation with a seller
- Bill breaks down seller financing and leases options
- How can properties renovate themselves?
-
- Bill shares his take
[30:44 – 40:40] The 3 Pillars of Real Estate
- Bill recalls his experience on his first big deal
-
- Why was he confident about it?
- Learn the 3 pillars of real estate from Bill!
- Here’s Bill’s reminder whenever you land a negotiation
-
- Don’t make stuff up
[40:41 – 52:19] Solid Exit Strategy
- Be careful about short-term debt
-
- Bill explains
- Bill talks about this uncommon asset category
- He tells us why a solid exit strategy is important
[52:20 – 56:19] Closing segment
-
Connect with Bill. See the links below
-
If your great great grandkids are to write a book about you, how would you like it to be titled?
-
Shit Bill Said
- Shit My Crazy Grandfather Said
- Crazy Stuff My Grandfather Said
Tweetable Quotes
“Creative financing is one of the best ways to get in [real estate] and get experience before you need the experience.” – Bill Ham
“The more knowledgeable you are about what real estate really is coming into the business, the more likelihood you are to stay here and survive.” – Bill Ham
Resources Mentioned:
- Jake and Gino
Email Bill at bill@broadwellpropertygroup.com or reach out to him on LinkedIn. You can also visit Broadwell Property Group to learn more about their work.
Watch out for the launch of Bill’s book on February 9, 2021 on Amazon and Audible and check out his masterclass here.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Sterling White is the Founder of Sonder Investment Group and the voice behind the top-rated podcast, The Real Estate Experience. He wrote the renowned book, “From Zero to 400 Units,” where he shared the strategies that led him to more than $10 million in capital distributed across a $26 million portfolio of multifamily and single-family homes. He is also an expert on various fields such as sales, marketing, crowdfunding, buy & hold investing, and investing properties.
Listen to Sterling and learn the one-million-dollar mistake you don’t want to make!
[00:01 – 05:34] Opening Segment
- I introduce our guest, Sterling White
- His road to real estate
[05:35 – 14:10] A Supportive Environment
- The mindset that led Sterling to success in real estate
- His approach to add value to his mentor
- How influential is the immediate environment in one person’s growth
[14:11 – 26:53] The Mistake You Don’t Want to Commit
- Learn cold calling techniques from Sterling!
- Sterling walks us through the Driving for Dollars approach
- The $1-million mistake Sterling wants you to know
- Don’t miss Sterling’s secrets to raising capital!
[26:54 – 30:23] Closing segment
-
If your great great grandkids are to write a book about you, how would you like it to be titled?
-
- A Kid Who Made Something Out of Nothing
- A Kid Who Made Lemons into Lemonade
- Connect with Sterling. See the links below
Tweetable Quotes
“We can control ourselves but we can’t control what goes on on the external basis and what goes on in the outside world.” – Sterling White
“I took the road less traveled and it came from just being self-reliant...” – Sterling White
Resources Mentioned:
- BiggerPockets
- Earl Nightingale
- Zig Ziglar
- Jim Rohn
- Sterling’s book: From Zero to 400 Units
- Costar
- Whitepages
Email Sterling at sterling@sonderinvestmentgroup.com. Reach out to him on LinkedIn, Instagram, Facebook, YouTube, and BiggerPockets. Check out his personal website and podcast show. Visit his company online.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Our awesome guest for today is Omar Khan, Founder of Boardwalk Wealth in Dallas, Texas. He leads the company’s capital raising, strategic planning, and investor relations, leveraging his 10+ years of global investment experience. A seasoned professional, he offers unique perspectives in the financial and real estate spaces, which have allowed him to advise on almost $4 billion of capital financing and merger and acquisition transactions. Today, he joins us to talk about marketing and why we should be informed about it.
Let’s listen to Omar and learn how to spot sketchy marketing schemes in real estate!
[00:01 – 06:13] Opening Segment
- I introduce our guest, Omar Khan
- His thoughts about single-family investing
[06:14 – 14:49] Volume vs. Quantity
- Managing the property manager is not hard
-
- Omar explains
- What aspect of real estate has been challenging for Omar?
- Conversion rate is a “volume vs. quantity” issue
-
- A good rating might be deceiving
- Don’t miss Omar’s thought process to attract investors!
[14:50 – 19:06] Shut Up and Ride a Bike
- How to talk about real estate with friends and family
-
- Be normal
- How to move forward in real estate
-
- Commit new mistakes
- Accept that some things are out of your control
[19:07 – 27:17] Sketchy Marketing
- Listen to Omar’s tips about underwriting a deal
- What’s “sketchy marketing” for Omar?
- Here’s Omar’s interesting thought about coaching you don’t want to miss!
[27:18 – 29:45] Closing segment
-
Favorite deal
-
None so far
-
A deal that will pay me 3 times my purchase price
-
If your great great grandkids are to write a book about you, how would you like it to be titled?
-
- Rich Dad
- Connect with Omar. See the links below
Tweetable Quotes
“As long as you’re making new mistakes, do it. Go for it.” – Omar Khan
“You gotta walk the talk first before you talk the talk.” – Omar Khan
Resources Mentioned:
- Neil Bawa
- Jake & Gino
- Rich Dad Poor Dad
You can email Omar at omar@boardwalkwealth.com or follow him online: Facebook and LinkedIn. Check out Boardwalk Wealth and their social media pages: LinkedIn, Facebook, and YouTube.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Our guest for today is a multifamily maestro and a marketing magician. John Casmon, Founder of Casmon Capital Group, offers services for professionals to build generational wealth and impact through passive investing in multifamily. Since founding the Group a few years ago, John has acquired over 900 units now worth more than $90 million. He was able to shift to real estate by applying his experiences in marketing, which involves creating campaigns for popular brands like Nike, Coors Light, and Mountain Dew. He is also the voice behind the Target Market Insights podcast.
Let’s listen to John and learn the 3 “C’s” to attract capital in real estate!
[00:01 – 07:10] Opening Segment
- I introduce our guest, John Casmon
-
- Started in marketing
- A career-defining question
- What pushed him to pursue real estate?
[07:11 – 17:38] The Right Market For You
- Try house hacking!
-
- John walks us through the process
- Not yet married? House hack is an option
- Pick your tenants wisely
-
- Here’s how
- John shares his humble beginnings in real estate
-
- The secret to real estate he learned
[17:39 – 30:29] Marketing Principles in Real Estate
- Attract capital by following John’s tips
-
- You need to be confident and credible
- What other “C” do you need?
- Apply marketing principles in real estate
-
- John tells us how
[30:30 – 41:33] John’s Capital Impact Club
- How to be a magnet that brings people to you
- Your goal is not to sell, but share
-
- John explains
- Invest other people’s money confidently
[41:34 – 49:18] Closing segment
-
If your great great grandkids are to write a book about you, how would you like it to be titled?
-
- “Closing the Gap”
- Connect with John. See the links below
Tweetable Quotes
“Think about getting neighbors. Who do you want to be your neighbors? Those are the people you want to be your tenants.” – John Casmon
“You don’t have to build this massive brand. You don’t have to be the next Tony Robbins… You do however need to influence the people who are closest to you.” – John Casmon
Resources Mentioned:
- Joe Fairless
- Jake & Gino
- Tony Robbins
You can email John at john@casmoncapital.com or follow him online: Facebook, Twitter, and LinkedIn. Check out Casmon Capital Group and their LinkedIn page. Listen to John’s podcast.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
I am pleased to welcome Chris Salerno to our show today. Chris is the Founder and Managing Partner of QC Capital, LLC, a private equity firm that purchases large apartment complexes. Chris led the no. 1 real estate team in the Carolinas in producing over $140 million in annual sales before building QC Capital. He was named to Charlotte’s 30 Under 30, Elite 50, Elite 50 Entrepreneurs, 30 Under 30 Entrepreneurs, and nominated to the Forbes 30 Under 30 in 2018 and 2020.
Let’s listen to Chris and learn the secrets to stay at the top of the real estate industry!
[00:01 – 05:22] Opening Segment
- I introduce our guest, Chris Salerno
- He walks us through his path to real estate
[05:23 – 14:16] Mentorship is Key
- Chris talks about the importance of mentors
- He gives his insights about going all-in in real estate
- He shares this amazing story on his first deal
[14:17 – 21:59] Niche and Stories are Attractive
- He talks about the services of QC Capital
- Don’t miss these real estate tactics from Chris!
- Chris shares some tips to attract investors
-
- Niche
- Story
[22:00 – 33:30] The Secrets to Stay on Top
- Real estate strategies to have repeat investors
- Here are creative ideas from Chris to raise capital
- Multifamily is a necessity
-
- Chris explains
- How do they stay on top?
[33:31 – 35:43] Closing segment
-
If your great great grandkids are to write a book about you, how would you like it to be titled?
-
- “How to Leave a Legacy”
- “How to Never Give Up”
- Connect with Chris. See the links below
Tweetable Quotes
“I always say, whatever you think you can invest, cut it in half…’cause life happens.” – Chris Salerno
“That’s why I love multifamily real estate. It’s because it’s a necessity.” – Chris Salerno
Resources Mentioned:
- Joe Fairless
- Book: Think and Grow Rich!
- Book: Homeless to Billionaire
You can email Chris at chris@qccapitalgroup.com or follow him online: Facebook, YouTube, LinkedIn, and Instagram. Check out QC Capital and join the Mindful Multi-Family Network to learn more.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today’s guest is Jorge Abreu, Co-Founder and Chief Executive Officer (CEO) of Elevate Commercial Investment Group. At Elevate, he is responsible for managing the properties before and after the company closes, communicating with property managers, and ensuring that everything is on track with the business plan. The Group was able to acquire 1,720 units worth $125 million of assets under management in just a few years and now aims to go even bigger. That’s what we’re going to talk about in this episode.
Let’s listen to Jorge and learn how they plan to reach 10,000 units in the future!
[00:01 – 05:16] Opening Segment
- I introduce our guest, Jorge Abreu
- He shares his motivations for jumping into real estate
[05:17 – 14:32] Hands-on Approaches
- Don’t miss Jorge’s strategy in real estate!
- He gives insights about shifting to multifamily investing
- Why was a 37-unit deal more challenging than a 100-unit?
[14:33 – 24:55] How to Reach 10,000 Units
- Jorge walks us through their capital raising strategies
-
- The power of networking
- He talks about their customer relationship management
- Jorge talks about the services of his investment group you’d want to check out!
- He gives his insights about alternative financing mechanisms
- He walks us through their plans to reach 10,000 units
[24:56 – 28:09] Closing segment
-
If your descendants are to write a book about you, how would you like it to be titled?
-
Related to giving everything he had and financial freedom
-
Elevating everybody
-
Connect with Jorge. See the links below
Tweetable Quotes
“I wanted to provide the best possible life I could for my future family at that time. That was my ‘why.’ That was my goal going into [real estate].” – Jorge Abreu
“If you don’t have the network and you don’t have the individuals that will bring you the money, it’s not just gonna be there.” – Jorge Abreu
Resources Mentioned:
- JNT Construction
- David Lindahl
You can email Jorge at jorge@elevatecig.com or follow him online: Instagram, LinkedIn, and Facebook. Check out Elevate’s website to learn more.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Join Nico Salgado and his guest Greg Scully to talk about his experience in single-family dwelling and multi-family dwelling investments. Greg is one of the team-of-three behind Real Wealth Solutions, a firm that creates solutions for long term wealth and short term investment goals. Greg believes it's not about how much money you make in an investment, but how much you can keep. We assure you that there is a lot to take away from this episode, so stay tuned!
In this episode you will learn:
- Young ventures in entrepreneurship: Buying an ice cream truck at 18.
- Invest in where you want your life to be.
- Management, property management, and achieving goals by syndication.
- The vital aspect to a project’s profitability.
- How skepticism plays in the face of bad deals.
- …and so much more.
About Greg Scully:
Greg is a former small business owner with his wife and business partner, Kim. He also retired after a 20-year career with Frito-Lay. They have been investing in real estate since 2016. Their portfolio currently consists of an ownership interest in over 150 units in Tennessee and Indiana with a market value of $4,200,000.
They have also participated in a land development project in South Carolina. Darren and Greg have recently partnered to scale both the flipping and multi-family investment opportunities in central and eastern Tennessee.
Connect with Greg Scully on:
Website: https://realwealth.solutions/
Podcast: https://realwealthsolutionspodcast.buzzsprout.com/
Linkedin: https://www.linkedin.com/in/magpie-ventures?trk=people-guest_people_search-card
Facebook: https://www.facebook.com/Real.Wealth.Solutions.TN/
Find Nico Salgado on:
Website: https://smallaxecommunities.com/
Facebook: https://www.facebook.com/smallaxecommunities/
Instagram: https://www.instagram.com/_nico_salgado/
Youtube: https://www.youtube.com/channel/UC75h5NqTIc6Utzxhc_tt2Uw
Join Nico Salgado and his guest David Seymour, the CEO of Freedom Venture Investments, talk about the journey that delivered him through and well in his decades of real estate and investing experience. David believes that knowledge is power only if it’s implemented. He gets to the bottom line of how to get through what’s next continually. This episode with David is overflowing with insight, so make sure you don’t miss any minute of it and stay tuned.
In this episode you will learn:
- A blue-collar attitude in a white-collar world.
- The value of the residential and commercial real estate – the work you do.
- Two kinds of investor: Active and Passive Investors.
- The three kinds of people: Those who make it happen, watch it happen, and those who wonder.
- Freedom Venture’s targeted asset class, strategy, and focus.
- …and so much more.
About David Seymour:
As both a residential and commercial real estate investor, Dave Seymour has become one of the most recognizable experts in his field.
His unabridged passion for business and real estate put him on the radar of A&E television network as well as multiple news organizations, including CBS, ABC, CNBC, FOX News, and CNN. New York Times reported that Dave Seymour’s series ‘Flipping Boston’ posted the highest ratings ever for the A&E network at the time of airing.
Dave has been sought after as a ‘tell it like it is’ mentor and motivator in the real estate world with a track record of unmatched success everywhere he reaches.
Connect with David Seymour on:
Website: https://www.freedomventure.com/
Linkedin: https://www.linkedin.com/in/daveseymour343
Instagram: https://www.instagram.com/daveseymour343/
Twitter: https://twitter.com/daveseymour343
Find Nico Salgado on:
Website: https://smallaxecommunities.com/
Facebook: https://www.facebook.com/smallaxecommunities/
Instagram: https://www.instagram.com/_nico_salgado/
Youtube: https://www.youtube.com/channel/UC75h5NqTIc6Utzxhc_tt2Uw
Join Nico Salgado and his guest, Dr. Jen Esquer, PT, DPT, talk about the importance of exercise, stress management, and Dr. Jen’s passion for helping people unlock their bodies’ abilities. Dr. Jen once lost the desire to apply what she learned to her body training. Fortunately, she used that knowledge to be of guide to others on discovering their body’s potentials. Dr. Jen also gives a handful of practical tips in this episode, so make sure to stay tuned.
In this episode, you will learn:
- Jen on helping people discover what they can do with their body.
- How to take yourself to a more stress-free atmosphere – wherever.
- A quick and simple demo on how to efficiently inhale and exhale.
- Thirty minutes of exercise doesn’t beat a whole day of sitting.
- Creating that mind and body connection.
- …and so much more.
About Jen Esquer:
Jen Esquer is a top-40 physical therapy influencer. With a Doctorate in physical therapy, she is ranked as one of the Best Fitness Trainers on Instagram by Shape Magazine. She has been featured in Self Magazine, Men’s Fitness, Muscle and Fitness, and a select interview guest on CBS and on the RISE podcast with Mogul CEO Rachel Hollis.
As a self-proclaimed “mover,” Jen has spent more than 2/3 of her life upside down. She graduated with a B.S. in Kinesiology, and received her DPT degree from Loma Linda University. After schooling, she accepted a job at VERT Sports Therapy and Rehabilitation in Santa Monica.
Through VERT and furthering her education, she met some fantastic individuals who further fueled her knowledge base. She studied the Myodetox methodology directly under co-founder, Vinh Pham, took a RockTape course with The Movement Maestro herself, and learned from so many other brilliant minds in the rehab game.
Connect with Jen Esquer on:
Website: https://www.docjenfit.com/
https://www.macrofit.co/mobility-for-calisthenics/?gclid=Cj0KCQiAtqL-BRC0ARIsAF4K3WE1ZqV9jU9ho5lMyapzF1-FW__OalLDRE_dzYOyCLolyLDxK4Br0NcaAiY-EALw_wcB
Facebook: https://www.facebook.com/docjenfit/
Instagram: https://www.instagram.com/docjenfit/?hl=en
Find Nico Salgado on:
Website: https://smallaxecommunities.com/
Facebook: https://www.facebook.com/smallaxecommunities/
Instagram: https://www.instagram.com/_nico_salgado/
Youtube: https://www.youtube.com/channel/UC75h5NqTIc6Utzxhc_tt2Uw
Join Nico Salgado and his guest Stephen Shedletzky, the Head of Brand Experience at Simon Sinek as they talk about how the disconnect from company values can affect an individual’s perception of his role on a bigger picture. In this episode, Stephen highlights a number of points on how we can be at our best by serving others in order to leave an inspired and meaningful legacy. We assure you that there is a lot to take away from this episode, so stay tuned!
In this episode you will learn:
- The experience of starting a career in a notorious work environment.
- We cannot be objective with ourselves; we can only be subjective.
- Two Types of Games: Finite Games and Infinite Games.
- Are you a giver, a taker, or a matcher? – The Fourth Factor.
- Why we don’t work in our best by always going for peoples’ recognitions.
- …and so much more.
About Stephen Shedletzky:
Stephen engages with people in meaningful ways so that we connect with depth and live in a more fulfilled world. With a knack for sharing the right words at the right moment, he delivers evidence-based content in a provocative, captivating and light-hearted way.
Feeling stifled on his corporate track, Stephen was struck by Simon Sinek’s vision of a more inspired, safe and fulfilled world. He joined the team in 2012. What started as a position answering fan email, Stephen now leads Brand Experience and the team of Igniters to ensure every product and communication authentically reflects the organization’s most deeply-held beliefs.
Connect with Stephen Shedletzky on:
Website: https://simonsinek.com/igniter/stephen-shedletzky/
Linkedin: https://ca.linkedin.com/in/stephenshedletzky
Instagram: https://www.instagram.com/shedinspires/
Twitter: https://twitter.com/shedinspires
Find Nico Salgado on:
Website: https://smallaxecommunities.com/
Facebook: https://www.facebook.com/smallaxecommunities/
Instagram: https://www.instagram.com/_nico_salgado/
Youtube: https://www.youtube.com/channel/UC75h5NqTIc6Utzxhc_tt2Uw
Today’s guest is Chris Grenzig, Asset Manager at Toro Real Estate Partners. He focuses on the management, sourcing, evaluation, and acquisition of new assets for Toro’s Multifamily Portfolio. He started his career in the real estate business in 2016 by trying to flip houses in Long Island, New York. He faced several hurdles along the way, which led him to the multifamily business.
Let’s dive into Chris’s story and find out how this former Division I soccer player learned about accepting investments from family and friends.
[00:01 – 08:41] Opening Segment
- I introduce our guest, Chris Grenzig
- Chris walks us through his pre-real estate days and his early real estate career.
-
- He talks about his transition from coaching in college to investing in real estate
- He talks about his early real estate career, which led him to meet John Cohen of Toro Real Estate Partners
[08:42 – 21:53] Accepting Investments from Family and Friends
- Chris shares his motivations for entering the real estate business
- He talks about the role of coaching, seminars, and other educational activities in learning about real estate.
- He shares the challenges they have faced in doing real estate business
- He shares how the multifamily business fits his values and morals
[21:54 – 29:40] Getting in Touch with Potential Investors
- Chris talks about his roles in Toro Real Estate Partners
-
- He shares that everybody has a focus, but they all handle other tasks too.
- Chris mentions the 80/20 and 70/30 rule.
- Chris shares his secrets about getting new investors
-
- Aside from marketing, advertising, and branding, how can you get in touch with people?
- He talks about social media platforms in terms of investor relations
-
- Where can you find the established people?
- He walks us through their process of talking with potential investors
[29:41 – 36:30] Closing segment
-
If your grandkids and great-grandkids plan to write a book about you, how would you title the book, or what characteristics would you like to be highlighted in that book?
-
Chris doesn’t have a specific title, but he wants the book to be about his legacy
-
He shares how he wants to be remembered
-
Chris talks about the advantages of technology, the internet, and social media for the young generations
-
Teach yourself
-
Find people who need your knowledge and skills, even if those are not related to real estate
-
Connect with Chris. See the links below
Tweetable Quotes
“When I got into multifamily and I learned more about it, I feel incredibly comfortable accepting money from family, other people.” – Chris Grenzig
“Don’t hang up until you hear ‘no.’” – Chris Grenzig
“Not every investor is for you.” – Chris Grenzig
Resources Mentioned:
- 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 + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today’s guest is Cody Payne, Senior Vice President at Colliers International in Fort Worth, Texas. He specializes in selling office and industrial investment properties in the Dallas-Fort Worth market. In the last 15 years, Cody has closed more than 600 hundred commercial real estate transactions. Before joining Colliers International, Cody worked at Sperry Van Ness/Dunn Commercial for 10 years, where he specialized in office and industrial investment sales, management, and leasing. He has extensive experience in the office and industrial leasing sector having worked with many major companies from Local/Regional to Fortune 500 companies and GSA leases.
Let’s jump into Cody’s story and learn the benefits of investing in office spaces.
[00:01 – 08:27] Opening Segment
- I introduce our guest, Cody Payne
- Cody shares his background and walks us through his journey into the real estate business
- He talks about their current projects, including several large office portfolios
-
- He also talks about his company’s performance during the COVID-19 pandemic
[08:28 – 13:54] Flexing the Industrial Spaces
- Cody talks about flex industrial spaces and why they are in-demand right now
- He shares the kind of buyers they have in their business
- Cody talks about the similarities and differences between industrials and multifamily properties
[13:55 – 26:41] Investing in Office Spaces
- Cody tells us more information about office spaces you don’t want to miss!
- Cody also shares some secrets to be successful in the office space market
-
- He includes some strategies to boost the Net Operating Income
- He shares his company’s performance during the COVID-19 pandemic and his outlook on the future
-
- Does the work from home setup affect their business?
- He talks about the opportunities in the office space business right now
[26:42 – 27:59] Closing segment
- I asked Cody what title he would give to his biography book, which will be written by his great-grandkids.
-
“Out for Justice,” inspired by the Steven Seagal film
-
Connect with Cody. See the links below
Tweetable Quotes
“The office, I believe, is one of the more sophisticated asset classes.” – Cody Payne
“Understanding the office side is very key.” – Cody Payne
You can connect with Cody Payne via LinkedIn and Facebook, and Instagram. Email him at cody@txofficeindustrial.com or call him at 972-345-6500. Check out their website at https://texasofficeinvestments.com/ and their social media accounts: Facebook, Twitter, Instagram, and LinkedIn. Also visit Colliers International online at https://www2.colliers.com/en, Facebook, Twitter, Instagram, and LinkedIn.
Texas Office Investments:
Website - https://texasofficeinvestments.com
Facebook - https://www.facebook.com/texasofficeinvestments
Twitter - https://twitter.com/tx_investments
Instagram - https://www.instagram.com/texasofficeinvestments/
LinkedIn - https://www.linkedin.com/company/texas-office-industrial-investments/
Colliers International:
Website - https://www2.colliers.com/en
Facebook - https://www.facebook.com/colliersinternational
Twitter - https://twitter.com/colliers?lang=en
Instagram - https://www.instagram.com/colliersinternational/
LinkedIn - https://www.linkedin.com/company/colliers-international/
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I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today’s guest is Zach Feldman, Vice President of New Development of Aptitude Development, one of the country’s top student housing firms. He leads the company’s new development endeavors, as well as a pre-development entitlement, capital markets, and investor relations. Before joining Aptitude Development, Zach launched ENJOI 77 Holdings, a real estate investment company on student housing. When he’s not working, Zach is focusing on The Wildcat Fund, which provides mentorship and financial aid to students of color from his high school alma mater.
Let’s dive into Zach’s story and learn more about building a community that students enjoy.
[00:01 – 06:00] Opening Segment
- I introduce our guest, Zach Feldman
- Zach shares where he came from and how started his journey in real estate
- He shares how he got into student housing after struggling at the start of his professional career
[06:01 – 11:50] Building a Community That Students Enjoy
- Zach talks about how they try to improve the experience of students in their properties
-
- Identify the market demand and find ways to deliver it in the best way possible
- Zach talks more about the student housing business
-
- Student housing is focused on how university students interact and want to live at the school
- Bed-to-bath parity is one of the main differentiators of student housing from multi-family properties.
- Student housing business aims to build a community for students
[11:51 – 18:01] The Value of Student Housing
- Zach shares their process of building student housing properties
-
- Determine the supply and demand in the target market
- Identify potential buyers
- Determine where the students are coming from
- Consider enrolment, rent rates, and occupancy within the market
- Zach talks about how different markets are
-
- You cannot build the same properties in another market
- You should do your market research
- Zach talks about the amenities they offer to the students
[18:02 – 25:55] Dealing with COVID-19 and Looking into the Future
- Zach talks about how his company funds their projects
- He shares how his company is adjusting during the COVID-19 pandemic
-
- They’re planning long-term even though the company is still performing well
- He shares how student housing is arguably the most prepared to deal with pandemics due to the privacy and convenience it offers
[25:56 – 29:37] Closing segment
-
Let’s imagine it’s hundred years from now and your grandkids and great grandkids want to write a book about you. How would you want that book to be titled?
-
“Enjoi”
-
He shares that this is related with Enjoi 77 Holdings.
-
Enjoy both the good times and bad times
-
Connect with Zach. See the links below
Tweetable Quotes
“Student housing in terms of building design is probably the best prepared to deal with a mass infection.” – Zach Feldman
“Take life as it goes and make the most out of it.” – Zach Feldman
Resources Mentioned:
-
Enjoi 77 Holdings
-
The Wildcat Fund
-
Rich Dad, Poor Dad
-
The 4-Hour Workweek
You can connect with Zach Feldman via LinkedIn, email him at zs@aptitudere.com, or call him at 7817894354. Visit their website, Aptitude Development.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today’s guest is Tyler Deveraux, a multi-family investor, and syndicator from Multi-Family Capital Partners. At 21, he acquired a student rental property and has been part of over 100 real estate transactions, including single-family flips to larger multi-family repositions. He controls assets in Alabama, Texas, Ohio, and North Carolina. Tyler has been actively investing in real estate for 13 years and now shares his knowledge and experiences with new and season investors.
Join us for this episode and learn more about real estate and overcoming the fear of raising money.
[00:01 – 05:32] The Beginning of His Journey
- I introduce our guest, Tyler Deveraux
- Tyler shares his life before delving into real estate
-
- His inspiration is his mother, who, even though they struggle financially, has approached life with happiness and laughter
- He joined the real estate business because he wanted security for himself and his family and he wanted to help other people too
[05:33 – 10:33] A Viable Source of Passive Income
- Tyler started an internet business in his early 20s and eventually started acquiring single-family rental properties
-
- He initially didn’t know anything about real estate, but then realized it could be a viable source of passive income
- He met someone from MF Capital Partners, who introduced him to David Lindahl.
-
- David Lindahl trains people on real estate business and is the author of “Emerging Real Estate Markets” and “Multi-Family Millions.”
- David Lindahl has an education company that mentors and walks people through multi-family acquisitions
- Eventually, David asked him to be a trainer himself of Fundamentals of Multi-Family Investing, which he has been teaching the last couple of years
- Tyler talks about willing to coach and mentor people about multifamily acquisitions
[10:33 – 23:55] From Single to Multi-Family Properties
- Tyler talks about his first multi-family acquisition; a 20-unit deal at Birmingham, Alabama.
- He has a third-party management team to manage his businesses for him
-
- He was self-managing before for his single-family properties
- Third-party management is a “game-changer” for bigger properties and provides a better experience for tenants
-
Tyler then acquired a 75-unit property in Austin, Texas, together with his coach and sponsors.
-
He grew into the business after following his coach’s advice
-
- Reach out to people to know their needs.
- Tyler discusses briefly the significance of syndicating your deals
[23:56 – 34:30] Overcoming the Fear of Raising Money
- Tyler shares an advice about raising money
-
- Get an investor into your transactions and take care of them.
- You don’t have to convince people that real estate is a good business. Most of the time, you’re teaching them.
- Tyler encourages his peers to reach out to more people
-
- Rejections and failures are part of the process.
- Tyler shares how important an elevator pitch is.
-
- An elevator pitch briefly discusses what you offer.
- Be clear on your message and on what you do.
[34:31 – 38:49] Closing segment
-
If your grandkids and great-grandkids want to write a book about you, what would that be?
-
“My Great Grandpa was Super Bitching”
-
Tyler wants to be remembered as happy, energetic and giving
-
Connect with Tyler. See the links below
Tweetable Quotes
“As long as you’re putting people first and taking care of people…everything works out how it should. People first and everything falls in line.” – Tyler Deveraux
“The key to acquiring wealth is providing value.” – Tyler Deveraux
“You cannot be successful without experiencing some failure.” – Tyler Deveraux
Resources Mentioned:
- David Lindhal
- Emerging Real Estate Markets
- Multi-Family Millions
- The Go-Giver
- How to Win Friends and Influence People
- Jake and Gino
You can connect with Tyler Deveraux on his social media platforms, LinkedIn, Facebook, and Instagram or email him at tyler@mfcapitalpartners.com. Visit their website, Multi Family Capital Partners, and their social media accounts: LinkedIn, Facebook, and Instagram.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today's guest is a former service industry veteran of 20+ years, serial entrepreneur, real estate investor, mindset and business coach, Austin Linney. He is the host of the weekly podcast, Construct Your Life. His passion is to provide massive value each week with his podcast and help his coaching clients achieve a breakthrough in their way.
Join us for this episode and learn more about how to improve your mindset and build your business.
[00:01 – 06:34] The Beginning of His Journey
- I introduce the guest, Austin Linney
- Austin talks about his background and life journey
-
- Grew up in a wealthy family
- Got handed Rich Dad Poor Dad by his friend
- Went into the restaurant business at 17 when his parents got divorced
- Dragged into drugs and alcohol at 18
- Lost everything and worked in construction
[06:35 – 13:29] The Necessary Breaking Point
- Everybody has different ways when they break
-
- It was needed to be able to climb back up
- Austin talks about his breaking point
-
- Being a functioning drug addict/ alcoholic
- His outside looks disguised his brokenness
- It’s not the promises that you make with other people that will hurt you, but the promises you create within yourself that destroy your inner confidence
- Austin talks about how he gets out of the situation and met his wife
-
- Got his bartending job back
- Got married and moved to Austin Texas
- The truth about working in the service industry
-
- Alcohol and drugs are commonplace in this industry
- Drinking every day for nine years
- Austin talks about how his 13 years of marriage falls apart
-
- Becoming two different people and no longer supporting each other
- Got divorced a few months ago
- The disconnection that causes the separation
- We don’t fall out of love with somebody, but we just lose respect for each other
-
- It is almost impossible to get that respect back
[13:30 – 20:38] Construct Your Life
- When we have chosen to wake up every day and be the best version of ourselves, we choose to love ourselves, and it radiates to the people we love
- Live with the truth of yourself and don’t hide it, so it does not control you
-
- By focusing on yourself, you are presenting to the world what you can be, and it will inspire others
- When you switch the narrative to be abundance and grateful, the universe opens up doors for you
- Austin shares about how he got to where he is now
-
- He got exposed to real estate investing
- A vehicle to get you to the freedom that you need
- Austin talks about the beginning of his journey in real estate
-
- Started with AirBnB and made 9k in the first year
- Started a company with his business partner on managing and leasing
- Grew 27 AirBnb in 7 states within five months
- They grew so fast but didn’t see the money
-
- Decided to part ways with his partner
- Lost 26k
- Austin shares the story of when he worked 90 hours a week
-
- Works for two jobs and cleaning 3 AirBnb himself
[20:39 – 30:29] Leverage Yourself and Your Business
- Finally got the eye-opening talk with his mentor
-
- Learned to leverage himself and his business
- Your ego might tell you that you’re crushing it, but actually, you are running in place
- Austin talks about his first investment
-
- Bought a property that ended up making him 37k at gross a year
- Refinance the house and pay off all his debts
- Follow up in time
-
- He shares the story of his success in a property deal
- Bought a house on loan, and the house ended up making him 34k in a year with Airbnb then sold it at a high price
- You will only feel the power that it can be done when you execute the idea that you have in your head
-
- Almost three years of execution
- Austin talks about his Airbnb managing company
-
- Bringing on multiple investors to own a house
- Invested in multiple properties
- Austin shares how he found the investors
-
- Always give your investors multiple options
- Understand the market that you are in
[30:30 – 39:00] Know your Momentum and Sell Early
- The more option you have, the better you feel about not pitching in a particular thing
- Understand what your asset does, what it produces, and what it can do in certain areas
-
- Educate yourself and learn from other people
- Imperfect actions lead to excellent results
-
- The best actions in life are the imperfect actions
- Austin talks about an inspiring young developer named Aaron Wagner who interviews the wealthy families in the US
- The key in real estate is to know the momentum
-
- Sell early, build up your confidence and momentum
- If you are at the top of the market and there is no inventory, sell whatever you have,
-
- take the capital and buy again when the market goes down,
- Austin talks about the ripple effect in this pandemic situation
[39:01 – 42:32] Closing Segment
- Imagine it's a hundred years from now, you have grandkids, and one of them decides to write a book about Derek Loda. What would you like the title to be and say about you?
-
- "Austin Linney, the true embodiment of the fire.”
- How to connect with Jeffrey
-
- See links below
- His passion is to make sure that you are operating in the highest form of yourself
Tweetable Quotes:
“It’s not the promises that you make with other people that will hurt you, but the promises you make within yourself that destroys your inner confidence.” – Austin Linney
“When you switch the narrative to be abundant and grateful, the universe opens up doors for you.” – Austin Linney
“You will only feel the power that it can be done when you execute the idea that you have in your head .” – Austin Linney
“If you are at the top of the market and there is no inventory, sell whatever you have, take the capital and buy again when the market goes down.” – Austin Linney
Resources Mentioned:
- Rich Dad Poor Dad
- Construct Your Life With Austin Linney Podcast
- Austin Academy Coaching Program
You can connect with Austin Linney on LinkedIn , Instagram and Facebook. Visit his website at constructyourlifepodcast.com or contact him at 5125297515.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today's guest is a bankruptcy attorney who spends his time as a real estate investor, Jeffrey Holst. He is also the co-host of the Old Fashioned Real Estate Show. After he succeeded in his career as an attorney, he hit rock bottom in life-altering circumstances simultaneously. That led him to his success in real estate. With his inspiring journey of life, he found his passion for helping others live the best version of their last life ever.
Join us for this episode and learn more about real estate and The Last Life Ever philosophy
[00:01 – 07:41] The Beginning of His Journey
- I introduce the guest, Jeffrey Holst
- Jeffrey talks about his background and life before real estate
-
- He started as a bankruptcy attorney
- Got diagnosed with Leukemia
- Piled with debt and faced bankruptcy
- Bought real estate for passive income
- Went into real estate full time
- Overcome the negativity
-
- Made a choice to never have a bad day
- Jeffrey talks about his bucket list
- Jeffrey shares his experience from reaching the top of the world to hitting rock bottom in such a short time
- All you can do is point yourself in the right direction and hope it works out
[07:42 – 16:28] Rising Up from Bankruptcy
- Jeffrey shares his story of rising from bankruptcy
-
- Worked and earned from his father’s truck company
- Saved up the bonus and bought a real estate
- Lend some money to purchase some real estate
- Stepping in the multi-family investment
-
- Supported and partnered with some of his friends and family
- Jump in full time in real estate and being financially free after six years
-
- Still growing and expanding
- Accumulate the money he has been putting in
- If done right, Multi-family is an incredible wealth accelerator
- Jeffrey talks about the support that his wife has been giving to him
-
- He shares the story of how his wife supports him in real estate
- Prioritizing the income for business until a certain point
[16:29 – 24:28] The Last Life Ever Philosophy
- Jeffrey shares the story of his experience climbing Mount Kilimanjaro
- The stories you tell about your past are the only thing that matters
-
- How you frame what you think about in your past
- Jeffrey talks about his charity book project “the Corona Virus Collective.”
-
- Wrote by 30 different authors
- All the profits go to charity
- The thing about travel is, you learn so much, enrich your life and impact others with your stories
- Jeffrey talks about ‘The Last Life Ever’ philosophy
-
- Living a full life that involves helping others and fulfilling your life purpose
- So much more than just piling up cash
- You have to follow your passion and do the things that make you be the best person you can be
-
- You owe it to yourself, family, community, and even to the world
[24:29 – 32:44] Multi-family vs. Single-family Investment
- Jeffrey shares the advice and strategy in buying a multi-family vs. single family.
-
- Multi-family is the greatest place to invest.
- The apartment building is valued in a completely different way than single-family homes.
- How to determine the values of single families
-
- Commercial appraisal
- Jeffrey talks about Scaling syndications.
-
- Three completely different deals
- Find deals that make sense.
- Scaling slowly and carefully
- Jeffrey talks about the real estate strategy, especially in this Pandemic situation.
-
- Secure your long term debt the way to go
[32:45 – 36:01] Closing Segment
- How to connect with Jeffrey
-
- See links below
- Imagine it's a hundred years from now, you have grandkids, and one of them decides to write a book about Derek Loda. What would you like the title to be and say about you?
-
- "Jeff, Last Life Ever”
- Because you only live once
Tweetable Quotes:
“The biggest mistake I made in real estate was getting started in multi-family too late.” – Jeffrey Holst
“If done right, Multi-family is an incredible wealth accelerator.” – Jeffrey Holst
“I had so much opportunity open up to me since I started focusing more on helping others.” – Jeffrey Holst
“If you are doing what you’re supposed to be doing, you are going to figure out a way to keep doing it, and you’re not gonna live a life of regret.” – Jeffrey Holst
Resources Mentioned:
- Rich Dad Poor Dad
- Last Life Ever Facebook Group
- Old Fashioned Real Estate Podcast Show
You can connect with Jeffrey Holst on LinkedIn and Facebook. Learn more about his life story and real estate journey by visiting his website at https://www.jeffreyholst.com/ and oldfashionedrealestate.com
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today's guest is the Principal and Founder of Loda Properties LLC, Derek Loda. Derek has been an active real estate investor since 2015, where he has developed a network of investors looking to make a positive impact on multifamily apartment complexes around the United States. Passionate about helping individuals reach retirement sooner, he started "Apartment Investing For Early Retirement,” a podcast that focuses on educating about the vast opportunity and power to build wealth through quality multifamily investing.
Join us for this episode and learn how to step out of your comfort zone and reach your goals.
[00:01 – 09:55] The Beginning of His Journey
- I introduce the guest, Derek Loda
- Derek talks about his background and how he got started in the multifamily space
-
- Started his career in Golf Industry and exposed to real estate investing from his former boss
- Finding ideas to help out his parents to get a consistent cash flow coming through retirement age
- Listening to Bigger Pocket Podcast by Bruce Petersen
- Self educate himself about multifamily syndication
- Get the network and join Jack & Gino Community
- Get deeper into the multifamily syndication
- Derek talks about his underwriting tools in finding the deals
- Derek talks about his relationship with the people who bought his property and the owner
[11:58 – 31:00] Step Out of Your Comfort Zone and Win
- Derek talks about the importance of having a good relationship and networking with the right people
- Derek talks about the condition of the properties currently
- Being a licensed real estate agent in Wisconsin
-
- Has to go to your broker for anything real estate
- The importance of being in a community that will help you with your goals
- Derek shares his challenges in jumping in real estate and opens up himself to a lot of people
-
- Being a chronic introvert
- Be comfortable in uncomfortable situations
- Getting the courage to approach people
- Network > information
- Making changes requires you to force yourself open and get uncomfortable
- Having a bigger goal and the belief that it can turn around lives are two key factors to success
- Comfort zones are where your dreams go to die
-
- You need to go out, get uncomfortable and change what you do not like
- The world is not going to change it for you
- Derek talks about his goals to educate people about financial knowledge and values
-
- The power of sharing education to people
[31:01 – 36:44] Taking One Step at a Time
- Break everything down in steps
-
- And just it doesn't have to be difficult nor perfect
- Be willing to take the risk and make mistakes
- You're going to get more comfortable, and eventually, you look forward to it
- Swallow the hard pill, that you might look or sound like an idiot, but it will get better
-
- We are our own toughest critics, so take it easy on yourself
- Do it for yourself and your future
- Derek shares how he keeps himself accountable by having an accountability partner or groups
-
- Letting some people know what your goals are
- Allowing people to ask you and check on you consistently
- Take and give in supporting each other
[36:45 – 44:22] Closing Segment
- Imagine it's a hundred years from now, you have grandkids, and one of them decides to write a book about Derek Loda. What would you like the title to be and say about you?
-
- "Life to Legacy”
- Not just living life but also creating a legacy of what’s to follow. It’s about helping people along the way.
- To have money does not mean that you have succeeded, but Success is leaning behind something that’s going to help other people get to that point.
- Showing people a different path to living life and take control of their life
- Derek talks about ‘Conscious Capitalism.”
-
- A vehicle to get people to get out of poverty and get something more
- Utilizing the money that you’ve been able to make through the system to help others
- By doing it the right way is going to lead to more profitability than taking advantage of people
- Connect with Derek. See the links below.
Tweetable Quotes:
“To achieve what I want to achieve in the long term goals, I’m gonna have to get uncomfortable a lot more and give a great amount of education to other people.” – Derek Loda
“Having a bigger goal and the belief that it can turn around lives are two key factors to success.” – Derek Loda
“The comfort zones are where your dreams go to die. You need to go out there, get uncomfortable and change what you do not like.” – Derek Loda
“To have money does not mean that you have succeeded, but success is leaning behind something that’s going to help other people get to that point. Showing people a different path to living life and taking control of their life.” – Derek Loda
Resources Mentioned:
- Jack and Gino Community
- Bigger Pocket Podcast by Bruce Petersen
- Loda Properties LLC
You can connect with Derek on Linkedin or email him to dloda@lodarealestate.com.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
This episode is part 2 of my conversation with Yonah Weiss, known as ‘The Cost Seg King. Today he will be talking more about Linkedin and how he created a massive marketing platform out of it. If you weren’t able to follow this episode, please go back and listen to part 1.
Join us for this episode and learn the keys to optimize your LinkedIn profile and creating strategic engagement on LinkedIn.
[00:01 – 05:54] Optimize your LinkedIn Profile
- I talk about the new topic for today
- Yonah talks about he really started to use Linkedin
-
- Started actively using it since 2,5 years ago
- Been having the account for around 12 years
- Linkedin changed significantly in an interactive way
- Found Linkedin in google, when he searches for people
- Finding real and engaging content on linkedin
- Yonah talks about how he build such an immense follower on Linkedin
-
- Consistency
- Building a community and networking
- Post engaging content consistently
- Spend some time to respond to people
[05:55 – 12:59] Finding business and Clientele
- Yonah shares his main purpose on Linkedin
-
- Finding business
- People are more in the mindset of doing business
- Create the professional and personal brand of your own
- Easier for business people to find and trust you
- Specific strategy on posting content
-
- Understanding the algorithm of LinkedIn
- Focus on the audience and differences from any other social media
- Creating the right profile
-
- Visit yonahweiss.com for the free checklist to maximize your profile
- Make sure your profile is up to date and engaging
- Tell people how you can help them
- Professional Profile picture
- Contact information
- People coming to Linkedin specifically to do business
-
- Linkedin will be on the first page on google if people search for your name
- The importance of having an updated profile
- Reaching out the right clientele
- A free way to get the first result on google
[13:00 – 17:45] Tips for Posting on LinkedIn
- Posting your original content
-
- Written post, picture, and videos
- Simple, short-form written post
- Do it daily
- Being yourself and share your story is the best way to provide your content
- Find something interesting to post
-
- It could be anything related to business
- Engaging on other peoples content
-
- So much more beneficial
- Method of connection
-
- Each person going to have a different method
- Focus seeing people within your industry
- You can follow an unlimited amount of people but you can only connect to 30k people
- Stay strategic and make sure you get in front of the right people
[17:46 – 21:41] Finding and Creating Strategic Engagement
- Strategic Cold-calling
-
- Works 10x better
- Following and engaging with their content in advance
- Engagement on LinkedIn
-
- Depending on how much you put it in, you are going to get out of it
- Time block them
- Find a number of people that you like to follow and engage
- Follow certain hashtag in your industry
- Finding your ideal client, content, and connections
-
- It gets more strategic when you're targeting who you're wanting to engage with
- Hashtags use
-
- Not more than 3 hashtags in a post
- Change in the algorithm
- More than 3 hashtags will confuse the algorithm
- Create your certain hashtag
- Be the first comment on the latest post
-
- The author is going to recognize you
- Adding so much more value to other people
- Strategically comment on people that you want to engage with
[25:30 – 27:57] Closing Segment
- Imagine it's a hundred years from now, you have grandkids, and one of them decides to write a book about Maurice Philogene. What would you like the title to be and say about you?
-
- "Give to Live”
- Because there are so many aspects of life and one thing that most stand out is about Giving
-
Connect with Yonah online! See the links below.
Tweetable Quotes:
“Being yourself and share your story is the best way to provide your content .” – Yonah Weiss
“Stay strategic and make sure you get in front of the right people on LinkedIn.” – Yonah Weiss
“It gets more strategic when you're targeting who you're wanting to engage with.” – Yonah Weiss
Resources Mentioned:
- https://yonahweiss.com/
You can connect with Yonah on LinkedIn, Visit his personal website. Listen to his podcast, Weiss Advice. To know more about cost segregation, visit the Madison SPECS website.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Yonah Weiss, known as ‘The Cost Seg King,’ joins us for today’s interview. Yonah is a master of communication and a networker. Yonah found his calling for teaching and has been an educator ever since. He helps real estate investors by educating them on tax-saving strategies through cost segregation.
Before joining Madison Specs, Yonah was a formal teacher. He enjoys teaching and sharing his knowledge with others. He is the host of Weiss Advice, a podcast dedicated to sharing the knowledge of leading experts in real estate, business, and beyond.
Join us for this episode and learn the keys to saving hundreds to millions of dollars from taxes with the help of cost segregation.
[00:01 – 05:29] Leading by Example
- I introduce the guest, Yonah Weiss
- Yonah talks about his background and how his journey began
-
- Before joining Madison Specs, he was a formal teacher
- Became interested in real estate around five years ago
- Teaching his kids through Leading by Example
[05:30 – 14:19] The Cost Segregation King
-
Yonah dives deep into the Cost Segregation world
-
- Explains cost segregation
- Save money from taxes
- Wipeout your entire tax liability
- Do prices of property matter in cost segregation?
-
- Benefits of cost segregation are proportional to the cost basis
[14:20 – 21:41] Bonus Depreciation
-
Is bonus depreciation different from cost segregation?
-
- Not everyone can take advantage of bonus depreciation
- Theories why the government allows these types of saving money on taxes
- Qualifications To be considered a real estate professional and be able to take advantage of Bonus Depreciation
-
- If you spend the majority of your working time in the real estate trade or business
- You have to own a property
- Operating, managing, renting, or anything that involves managing a property
- Depreciation, Cost Segregation, and Bonus Depreciation compared
[21:42 – 27:52] Limiting Beliefs
-
Crushing the limiting beliefs about cost segregation
-
- The ‘I can’t afford it’ mindset
- The cost seg fee is proportional to the property price
- Reasons why a lot of people don’t know about cost segregation
-
- Accountants don’t do this
- It’s impossible to do by yourself
- The IRS regulates cost segregation
[27:53 – 32:25] Take Action
-
Now that you know about Cost Segregation let’s take action!
-
- Even if you owned the property for years, you could do cost segregation retroactively
- Madison Specs offers free cost segregation analysis estimates
- There’s no reason not to do Cost Segregation
- Connect with Yonah online! See the links below.
Tweetable Quotes:
“[Cost segregation] is like an advanced form of depreciation.” – Yonah Weiss
“It’s all within the business plan of the property owner. There are certain times where it might be more advantageous to get it done on a property that you are holding for a shorter period of time or for some people depending on their business plan for a longer period of time. Those first five years are integral to the tax benefits there, but it can be different for everyone.” – Yonah Weiss
Resources Mentioned:
- Cost Segregation Study definition
- Bonus Depreciation
You can connect with Yonah on LinkedIn, Visit his personal website. Listen to his podcast, Weiss Advice. To know more about cost segregation, visit the Madison SPECS website.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today's guest is a senior executive, a world explorer, multifamily investor, restaurant owner, public servant, and an aspiring philanthropist Maurice Philogene.
He is a first-generation American with Haitian roots, and starting from a young age he acquired multifamily properties to generate passive income and build the Legacy. Now he is shifting towards lifestyle design and has started Living in a way he wants to live while helping people to win their financial freedom along the way.
Join us for this episode and learn the keys to win your financial freedom.
[00:01 – 09:55] The Beginning of His Journey
- I introduce the guest, Maurice Philogene
- Maurice talks about his background and how his journey began
-
- Born in NY and raised in Boston
- Being part of an Immigrant family from Haiti
- Joined the military after university
- Entrepreneur, investor, lifestyle design
- Maurice talks about the mindset influence he got from his parents
-
- Good education
- Mindset of savings
- Exposed him with many cultures
- The power of a multi-cultural encounter
-
- Experiencing life a different way
- Opening the window to see the world
[09:56 – 15:15] Winning your Financial Freedom
- Maurice talks about how he developed a plan to have financial freedom
-
- Start with ‘Personal finance for dummies’ book
- Dig in and learn more information about real estate
- Buying his first condo at 23
- Ended up with 10 condos at the end of the year
- Passive incomes allow you to have cash flow without you having to physically be somewhere
- Taking a leap of faith and facing fear
- Your Brain is fertile ground - Earl Nightingale
- Maurice shares the story of how he got into real estate
[15:16 – 20:22] Course Correcting
- Thrive for something Beyond money
-
- Not leaving life the way other people lives
- Having the right driving force
- Maurice shares about the sacrifices he took in his youth to be successful
-
- Gave up his youth for a purpose
- Missing out on social life
- Course correcting
-
- Not trying to get it perfect
- Learning to be okay with making mistakes
- Understand your mistake and course correct
- Become a bigger and better person
- Personal growth in the business side
-
- Took a seminar about multifamily real estate
- Hire a coach
- Opening the mental floodgate
[20:23 – 29:10] Giving back and impacting communities
- Maurice talks about filling his life goals
-
- Leaving legacy
- Family security
- Impacting and giving back to communities
- Maurice talks about the impact he gives as a police officer
-
- Being counted on
- Do small meaningful things to the community
- Pushing on business to dramatically impact the society and the world
-
- He talks about Bill Gates and Elon Musk
- Giving impact on micro and macro way
[29:11 – 33:32] Closing Segment
- Imagine it's a hundred years from now, you have grandkids, and one of them decides to write a book about Maurice Philogene. What would you like the title to be and say about you?
-
- "He created our freedom”
- Because I want the generations in my family to recognize that they can live life their way and they don't have to live the way that the society stones them.
-
Connect with Maurice. See the links below.
Tweetable Quotes:
“Passive incomes allow you to have cash flow without you having to physically be somewhere." – Maurice Philogene
“Climbing the corporate ladder is not the destination for everyone. Just because the society tells you to do it doesn't mean that you have to do it." – Maurice Philogene
“If you’re not making mistakes, you are not trying." – Maurice Philogene
Resources Mentioned:
- Earl Nightingale
- https://www.thequattroway.com/maurice-philogene
You can connect with Maurice on Instagram and Linkedin . Visit his business website at https://www.thequattroway.com/maurice-philogene
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Disclaimer: This episode contains strong language.
Today's guest is a real estate investor, public speaker, mindset coach, world traveler, Brayand Ponciano. Brayand grew up from humble beginnings, and growing up in that environment had a significant impact on where he is today. Brayand founded Unf*ck Your Mindset intending to help people break free from the shackles of their negative mindset.
Join us for this episode and learn that the key to success is investing in yourself.
[00:01 – 10:46] Humble Beginnings
- I introduce the guest, Brayand Ponciano
- Brayand talks about his background and how his journey began
-
- Grew up from humble beginnings
- His parents are from Guatemala
-
Working hard can only take you so far
-
- Shifting mindset from "working harder" to "working smarter."
-
Got interested in real estate when he was around 7 years old
[10:47 – 24:56] It All Starts With The Mindset
- How to Unf*ck Your Mindset
-
- Step 1: Be aware that you have a problem
- Step 2: Understand what the problem is
- Step 3: Disassociation
- Step 4: Reprogramming
-
It doesn't take money to make money. It just takes creativity
- Take care of yourself first before taking care of others
[24:57 – 40:27] You Are Who You Surround Yourself With
- Brayand talks about why choosing the right groups of people to surround yourself is important
-
- You become like the people you hang around with
- Find someone you want to be like and then add value
- If you find good people eventually, you're going to get connected with other good people
- It's not who you know but how you know them
-
Brayand gives amazing advice for beginners in the real estate industry
[40:28 – 51:49] Unf*ck Your Mindset Program
- Brayand talks about his Unf*ck Your Mindset program
- Brayand gives us a glimpse of his "The Top 10 Secrets to Unfuck Your Mindset" webinar
- Brayand talks about the first house he flipped
- It all starts with your mindset
[51:50 – 1:08:00] Closing Segment
- Imagine it's a hundred years from now, you have grandkids, and one of them decides to write a book about Brayand Ponciano. What would you like the title to be and say about you?
-
- "Spearhead." Because I have taken the forefront and taken the brunt of everything, my kids and grandchildren will have an amazing opportunity because of what I'm doing. But the one thing I do believe they will recognize and remember me by is the guy that took the first step.
-
Connect with Brayand. See the links below.
- Brayand shares some resources to help you in your journey
Tweetable Quotes:
"Somebody told me a long time ago, 'your struggle will become your story.' And honestly, the worst you have it growing up, the better your story is going to be when you're an adult." – Brayand Ponciano
"You can only take yourself so long, so far by working, and eventually, you're going to run out of energy. Eventually, you're going to run out of time. You know, we're not getting younger." – Brayand Ponciano
"Once again, there's nothing wrong about hard work, but if hard work makes you rich then every person in Latin America, every person in a village in Africa would be f*cking rich. Unfortunately, that's just not the way that the world works." – Brayand Ponciano
"You must be selfish in order to be selfless. You must take the time to yourself first." – Brayand Ponciano
"It's not who you know but how you know them." – Brayand Ponciano
Resources Mentioned:
- AZ Flip Guys
- The Top 10 Secrets To Unfuck Your Mindset
You can connect with Brayand on Instagram. Visit his website https://www.unfuckyourmindset.com and get your free 60-minute training! Listen to his podcast Unf*ck Your Mindset. Join the Unfuck Your Mindset Community on Facebook.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today we have a special guest with a truly noble mission- "To free 1 million people from financial bondage". His name is Damion Lupo. Over the last quarter-century, he's owned and operated successful businesses ranging from insurance, precious metals, financial consulting, real estate, and venture capital. He's also written a dozen books on these topics. This accumulated knowledge led him to create a better path leading to financial freedom, which is the Qualified Retirement Plan.
Let's dive into Damion's story and learn the importance of setting yourself up for your retirement with the help of an Enhanced Qualified Retirement Plan (EQRP).
[00:01 – 05:45] Opening Segment
-
I introduce the guest, Damion Lupo
-
- A Qualified Retirement Plan Expert
- Damion tells us what they do in eQRP Co.
-
- Give people control of their money
- Damion shares the story behind his journey
- Damion talks about the services they offer at eQRP
[05:46 – 18:32] Plan Your Retirement
- Damion talks about the new CARES Act.
-
The reason why you should get into an EQRP
-
- An EQRP is dynamic. It can adapt to changes in the future
- You get to make the decisions
- Damion discusses the requirements to apply for an EQRP
- Difference between an EQRP and self-directed IRA
- The ease of use of an EQRP
- Damion gives us a list of the things you can invest in with an EQRP
[18:32 – 25:41] Things You Can Do with an EQRP
-
Damion discusses some of the things you can do with your EQRP
-
- Shares some of the strangest things people have invested in with their EQRP
- Damion tells us what could happen in a situation where you want to stop investing
- Investing depends on what you really want to do
- If you have money in an EQRP, you can invest in anything
[25:42 – 28:48] Closing Segment
-
Imagine it's a hundred years from now, you have grandkids, and one of them decides to write a book about Damion Lupo. What would you like the title to be?
-
- I Cared Through My Action. "It's easy to talk a big game but to actually go do it. It's hard."
- Connect with Damion. See the links below.
Tweetable Quotes:
"You really need training, and how do you do that? You go out there and invest in yourself." – Damion Lupo
"I don't think investing is necessarily the thing to find all your excitement in. I think it's the thing to find your certainty in." – Damion Lupo
Resources Mentioned:
- eQRP Co.
- Enhance Qualified Retirement Plan (EQRP)
The best way to connect with Damion is by texting EQRP to 72000. Follow him on LinkedIn or visit his website https://damionlupo.com/. To know more about EQRP, visit https://www.eqrp.co/.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Travis is the founder of the Freeman Equity Group, which helps investors achieve their financial goals using real estate. Travis actively manages over $15M in assets. Coming from a software engineering background, he has a wealth of experience in defining project requirements and managing development teams for Fortune 500 companies such as EDS, ECMC, and Apple.
Things you will learn in this episode:
[00:01 – 04:37] Opening Segment
- I introduce my guest, Travis Gibson
- Travis talks about his background and how his journey began
-
- His parents are real estate entrepreneurs
- He followed in their footsteps
[04:38 – 10:46] Single-Family Era
-
Travis talks about their family's single-family real estate business
-
- Learned the ropes by helping in their family business
- Travis talks about what's left of his single-family properties
- Travis weighs in on being in a "limited partnership (LP)"
-
- The advantages
[10:47 – 31:26] Multifamily Ventures
-
Travis talks about his first multifamily deal in Kansas City
-
- Finding his target market
- The step by step process
- Proper financing is the difference between a deal that will work and won't work
- Having a good partner is key to a successful deal
- Travis talks about Tenant Improvements (TI)
- Travis talks about his 26-unit multifamily property in Kansas
- Do you have an asset management fee as well?
-
- Why you need it
[31:27 – 36:58] Stock Market
-
Travis talks about his stock market investments
-
Letting your money work for you
- Funneling the gains into real estate
[36:59 – 42:20] Real Estate Amidst the Pandemic
-
What's next for Mr. Travis?
-
- "More deals. Bigger deals."
- All you can do in this pandemic is move forward
- Travis shares his insight on the effects of the COVID-19 pandemic
- Minimizing risks
[42:21 – 48:04] Closing Segment
-
Imagine it's a hundred years from now, you have grandkids, and one of them decides to write a book about Travis Gibson. What would you like the title to be?
-
- "The Juice is Worth the Squeeze."
- Travis talks about the book, The Go-Giver.
- Get in touch with Travis online. See below for social links.
- Final words from Travis and me
Tweetable Quotes:
"The thing that my parents taught me, specifically my dad, is you don't have to live in these properties, but you should treat these properties like you live there." – Travis Gibson
"I'm a firm believer in if you believe that you're a decent operator and you believe in the deal; you shouldn't have a problem with the preferred return." – Travis Gibson
"The better you are at managing risks. The more successful you will be long term." – Travis Gibson
"Don't look at the price; look at the deal. If the deal is good, that's all that matters." – Travis Gibson
Resources Mentioned:
- EDS
- ECMC
- Apple
- Cornerstone Bank
- Qualified Opportunity Zones
- The Go-Giver
You can connect with Travis on LinkedIn, Facebook, Twitter, and Instagram. Send him an email at travis@freemanequity.com. Give him a call, 916 538 2216. Visit their website https://freemanequity.com/.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, or check out my website https://smallaxecommunities.com/ and book a call with me.
Today's guest is Gwyeth Smith. Gwyeth is a Principal at Rustic Capital and has a BS in Economics from James Madison University. After graduation Gwyeth worked at an old Rockefeller Company performing domestic and international cost of living analysis. He then transitioned to investing and worked as a proprietary equity trader for multiple New York based companies. At this time, Gwyeth began to explore alternative investments to Wall Street. He turned his NYC apartment into an asset by renting it and moving to AZ to be with his future wife. There he found another passion; helping people with limb loss. He followed a path where he became a certified prosthetist and, in 10 years, has helped countless amputees achieve feats that few "able-bodied" people could even imagine. Gwyeth's career in prosthetics didn't stop his passion for investing, and today his multifamily portfolio includes over 750 units.
[00:01 – 04:52] Opening Segment
-
I introduce guest, Gwyeth Smith
-
- Studied economics at James Madison University
- Turned his New York City apartment to a rental and moved to Arizona
- Certified Prosthetist
- Over 750 multifamily units
- Gwyeth talks about his prosthetist career
-
- Why he got into prosthetics
[04:53 – 12:17] Diving into Real Estate
-
Gwyeth shares his journey to multifamily real estate
-
- Why he started buying real estate
- What it looked like buying his first real estate deal
- Gwyeth talks about his partnerships
-
- Moving from a residential broker to a commercial broker
- Partnerships that didn't work out
[12:18 – 26:28] Building Partnerships
-
Gwyeth talks about a recent deal he worked on
-
- A 13-unit property
- Gwyeth talks about the biggest deal he had since joining the Jake & Gino
-
- A 42-unit in Jeffersonville, Indiana
- The roles in their partnership
- Their goals for the property
- Weekly calls
[26:29 – 30:05] Jake & Gino Community
-
Gwyeth talks about the impact of joining the Jake & Gino community on his career
-
"It's 100% The people in the community, and all the education and all the other stuff are just an added bonus."
- Expanded his network
- Pushed his career to greater heights
[30:06 – 37:15] Closing Segment
-
What's the future for you? What's the goal? What's the next step?
-
- We don't know what the future holds, but the more you just sit on the sidelines, the harder it's going to be when the opportunities come.
- Imagine it's a hundred years from now, you have grandkids, and one of them decides to write a book about Gwyeth Smith. What would you like the title to be? Or what characteristics would you like highlighted?
-
- "Don't Make It Harder Than It Is. Hopefully, if they write about me, they would just think that I'm an overall good person. Never screwed anybody out of anything. Happy, you know, proud that I was there as a family member."
- Get in touch with Gwyeth online. See below for social links.
- Final words from Joshua and me
Tweetable Quotes:
"We know where we wanna be; we just haven't written it down." – Gwyeth Smith
"There's no way, absolutely no way, I would be to where I am now and where I am going. There are exciting things on the horizon here, and it just absolutely wouldn't happen without just the community members." – Gwyeth Smith
"It's a tough time to be on the sidelines because the more you just sit on the sidelines, the more you're not out there in front of people, the harder it's gonna be when opportunities do arise." – Gwyeth Smith
Resources Mentioned:
- Jake & Gino wheelbarrow profits academy
- Jake & Gino Community
You can connect with Gwyeth on LinkedIn and Facebook. Send him an email at gwyeth@rustic-capital.com. Give him a call, 516-238-4150. Visit their website https://rustic-capital.com/ to know more about multifamily investment opportunities.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, or check out my website https://smallaxecommunities.com/ and book a call with me.
Joshua Roosen is a Community Director at Jake & Gino. Joshua was on track to becoming a doctor, but he met a mentor who helped him realize that he could do something more. Joshua explored the world of entrepreneurship, but unfortunately, it didn't go as he planned. On the verge of being kicked out by his parents, Joshua picked up his small axe and used it to chop his way into the real estate world.
Let's dive into Joshua's story of how he wants to change the world for the better.
Things you will learn in this episode:
[00:01 – 05:11] Opening Segment
-
I introduce Joshua Roosen
-
- Community Director at Jake & Gino
- Joshua talks about his background and how his journey to real estate began
-
- His aunt gave him the book Rich Dad Poor Dad
- Wanted to become a doctor
- A mentor discouraged him from taking the path to becoming a doctor
[05:12 – 11:34] It's all about the mindset
-
Joshua advises the people putting all their efforts at a W-2 job
-
- A paycheck is the most powerful drug
- Time is the one asset that you can't get more of
- There are no do-overs in life
- It all starts with having an open mind
- Joshua talks about some of the different vehicles to financial independence
- Have a very strong "why"
-
- Joshua talks about his "why"
[11:35 – 19:39] Moving Towards Our Goals
-
Joshua talks about what you can do with your small axe to start chopping down on your dreams
-
- Treat your time as the most valuable asset
- Find a mentor
- Believe that you can and find a way to add value
- Here's some advice on how you can get a mentor
-
- Show them that you can add value
- Put in the time and effort
[19:40 – 28:39] Joshua's Dreams and Goals
-
Joshua talks about his dreams and goals
-
- Have the free time to spend with his family
- Reach his full potential
- Help others
- Joshua weighs in on the "Go-Giver" mindset
- Have you ever pushed the snooze button because you feel like you hit the wall? What do you do to overcome when you're feeling unmotivated or alone?
- Joshua talks about the first multifamily real estate deal he made
-
- If you are interested in investing in multifamily, here's advice from Joshua that you don't want to miss
[28:40 – 33:34] Closing Segment
-
Imagine it's a hundred years from now, you have grandkids, and one of them decides to write a book about Joshua Roosen. What would you like the title to be? Or what characteristics would you like to be highlighted?
-
- Changing the World for the Better. I would love to empower others through their purpose through financial education. And be a light in this world to help people become more financially literate through the vehicle of multifamily real estate investing
- Get in touch with Joshua online. See below for social links.
- Final words from Joshua and me
Tweetable Quotes:
"Your time is the one asset you can't get more. You can have as much money as you want, but the time is ending one second at a time. And when you realize that and you start valuing it, you want the money to work for you rather than you trading time for money." – Joshua Roosen
"Paycheck is the most powerful drug. Because it's safe and secure, but sometimes if we really want to achieve our highest and biggest dreams and goals. We have to break that pattern. Get rid of those drugs, break the chains, and move on to something that will be really beneficial." – Nico Salgado
"Education is the only investment someone can make that's gonna reduce risk and maximize upside." – Joshua Roosen
Resources Mentioned:
- Jake & Gino LLC
- Poor Dad
- The Millionaire Fastlane
- The Go-Giver
You can connect with Joshua on LinkedIn and Instagram. Send him an email at josh@jakeandgino.com or visit their website https://jakeandgino.com/.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
Today's guest is a CPA turned real estate investor, Mike Taravella. Mike is the asset manager at Rand Partners LLC. Growing up in a family fixated on a career in teaching or being an engineer at Chrysler, Mike, was the only one who wanted to get into businesses. Mike studied accounting and is a Certified Public Accountant. He started his journey working as an accountant for five years until he transitioned to working for startup companies, and is now also a real estate investor.
Let's dive into Mike's story about how "Fat Mike" turned his life upside down and is now using his abilities to help people move the needle on their dreams.
[00:01 – 05:36] Opening Segment
- I introduce Mike Taravella
-
- Asset manager at Rand Partners LLC
- A CPA turned real estate investor
- Worked professionally as an accountant for five years before joining Rand Partners
-
Mike tells us a bit of his background
-
- Mike was the black sheep in their family; he wanted to do business while everyone was either a teacher or worked for Chrysler
- A Certified Public Accountant
- Worked professionally for five years in accounting
- Started investing in real estate in 2016
[05:37 – 16:34] The Game Changer
- Mike talks about the mindset shift from accounting to working for startup companies.
-
- Physically hurting; overweight and stressed.
-
- He was called "Fat Mike" at work
- Boosted his confidence with working out
- Getting to the same level as the team, making sure to provide value.
-
Why did you choose real estate?
-
- Looking for a sense of control while creating wealth
-
Mike talks about the "defining moment" that made him realize he can accomplish even more
- I share what this podcast is all about
-
- Chopping down and taking down dreams
-
Mike gives advice before you go on cutting down on your dreams
-
- Listening to podcasts
- Reading books
- Take action
- Sharpening your axe by applying the things you learn day by day
[16:35 – 21:15] What Is in Store for Your Future?
- Mike shares his love for teaching
-
- Making an impact
-
Mike talks about one of his core purposes
-
- Help a million people become an investor
-
People have different risk thresholds
-
- What's risky for you might not be risky for others
-
Mike talks about their plans in Rand Partners heading into the future
-
- Growing their investor base
- Reach a billion assets under management
[21:16 – 26:50] Mentoring
- Mike shares his experiences as a mentee and as a mentor.
-
- Lowering barriers and being vulnerable
- Making sure to connect with your mentee
- Change the "I can't" to "how can I?"
-
I weigh in on the idea of "I can't."
-
- In reality, you can accomplish a lot more than you think
-
Fuel your drive with all of those "you can't" from others
[26:51 - 30:25] Closing Segment
- Imagine it's a hundred years from now, you have grandkids and one of them decides to write a book about Mike Taravella. What would you like the title to be? Or what characteristics would you like to be highlighted?
-
- "I think the autobiography would be called ‘Game Changer.’ Just showing the path to evolution from "fat mike" who was in accounting. Who for five years really didn't know what he was doing until now I'm in real estate and I love every day where I'm working 6-7 days a week just trying to move the needle."
-
Get in touch with Mike online.
-
- See below for social links.
-
Mike's call to action to learn more about multifamily
- Final words from me
Tweetable Quotes:
"At times, it might be best to take a step back and look at what we can do to better our position. What we should really be focusing on. What specific task would really move the needle." – Nico Salgado
"Everyone can listen to a book and read a podcast, but taking that action or how can I help an existing group grow. Well, that's how I got my opportunity by taking that massive action." – Mike Taravella
"Every day, you have that opportunity to become what you want to be, and you just gotta remind yourself." – Mike Taravella
Resources Mentioned
- Dan Gilbert
- Woodward Original
- 100 Thieves
- Wheelbarrow Profits Academy
- Jake & Gino
You can connect with Mike on LinkedIn or send him an email at miket@randcre.com. Schedule a call, get their newsletters, and see any potential opportunities in the future at https://randpartners.com/. Listen to the Rand Partners Podcast, click here.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.
To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.
I believe that you only need a small axe to build a lasting empire. Let’s start building yours!