5 Talents Podcast - How To Build Wealth Like the 1%: Recent Episodes
Abel Pacheco
Welcome to the 5 Talents Podcast - How To Build Wealth Like the 1%! Your host Abel Pacheco has interviewed hundreds of commercial real estate investors and is now focusing the podcast on wealth creation and wealth management. If you’re a top 1% earner, an accredited investor, want to build and preserve wealth through real estate passively without doing the work... then this podcast is for you. You will especially appreciate season 3 episodes 200-300. Abel combines his passion for real estate investing, his professional successes, faith, leadership, and core beliefs to serve his investment community. Abel served his local church for nearly 10 years as a deacon and finance board member. If you want to learn what other multi-millionaires, wealth managers, and surrounding industry experts are doing to build and preserve wealth... then this podcast is for you. Want a quick explainer video on how we are investing in real estate without doing any of the work? Go to: www.5Talents.Capital and we will show you How To Build Like the 1%!
Do you dread tax season? Feel like you're leaving money on the table when that tax bill arrives? In this episode, Abel Pacheco sits down with Mark Myers, founder of Peak Profit Solutions and self-described "tax savings architect." If you're eager to gain insider knowledge on how the top 1% navigates the complex tax code, don't miss this conversation. You'll come away with actionable steps to legally minimize taxes and avoid overpaying Uncle Sam. The savings could be life changing. It’s time to get strategic and unleash the full potential of what Mark calls "the profit center hiding in your tax return."
[00:00 - 15:59] - Opening Segment
- Mark introduces himself as a tax savings architect
- Outlines his role in reducing taxes legally without replacing CPAs
- Discusses ideal clients like high income W2 earners and business owners
- More income provides more opportunities for tax savings
[15:60 - 30:45] - The Importance of Being Strategic With Taxes
- For business owners selling assets, do pre-sale planning
- Shift income assignment to more tax efficient entities
- Allows for continuing tax deferral compared to owing at sale
[30:45 - 32:51] - Tax Savings “Coupon #1”
- Use the "Augusta rule" to rent primary residence to your business
- Creates up to $40k in tax-free rental income each year
[32:51 - 37:35] - Tax Savings “Coupon #2”
- Donate appreciated assets to charity to get a larger deduction
- Deduction can be 4x your cost basis in the donated asset
- Limited to 30% of AGI for these types of donations
[37:35 - 41:34] - Tax Savings “Coupon #3"
- Invest in solar projects to get 50-60% tax credits
- Plus accelerated depreciation and cash flow from energy payments
- Overall can get back more than invested in tax savings
[41:35 - 47:47] - Final Thoughts
- Emphasizes being proactive, not reactive with tax planning
- Have a consultation on strategies for future years
Key Quote:
"My goal is always to reduce my client's taxes by at least 25%, but sometimes I can reduce it by as much as 80%." - Mark Myers
Connect with Mark through his Website!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
I Help People Build Wealth And 10X THEIR MONEY By Establishing Multiple Income Streams Through Multi-Family Real Estate Investments.
Our blueprint to financial freedom is streamlined so you can get going in multifamily commercial real estate investments fast.
Support the show
In this episode, host Abel Pacheco interviews Sandhya Seshadri, a Dallas-based apartment syndicator and founder of Engineered Capital and ACE Operators. They discuss Sandhya's journey from arriving in the US with just two suitcases to managing over 140 million in multifamily assets. Sandhya provides insights on multifamily asset management, operations, and key performance indicators (KPIs).
[00:00 - 09:52] - Sandhya’s “Origin” Story
- Introducing Sandhya Seshadri to the show
- Sandhya's journey from arriving in the US to managing over $140M in multifamily assets
- Sandhya's companies Engineered Capital and ACE Operators
[09:53 - 22:38] - Build Wealth Through Consistency and Leveraging Strengths
- Success requires consistent daily effort over months and years
- Spend focused time daily to build skills and momentum
- Leverage your strengths like specialized local market knowledge
- Partner to fill experience gaps
[22:39 - 31:00] - How To Excel At Asset Management
- Balance lender requirements with unexpected operational challenges
- Maintain open communication with lenders
- Provide an exceptional resident experience for higher retention
- Incentivize staff based on renewals over new leases
[31:01 - 49:06] - Monitoring Key Performance Indicators
- Track total monthly revenue collections closely
- Review variance reports on operating expenses
- Maintain high occupancy rate per lender requirements
- Give yourself deadlines and take structured action
Key Quotes:
"It's a lot of consistent daily tiny incremental steps towards that goal and not being distracted." - Sandhya Seshadri
"Whatever it is that you want to do in real estate … give yourself a deadline and have a structured approach to it." - Sandhya Seshadri
Connect with Sandhya through LinkedIn, Instagram, & Website!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
I Help People Build Wealth And 10X THEIR MONEY By Establishing Multiple Income Streams Through Multi-Family Real Estate Investments.
Our blueprint to financial freedom is streamlined so you can get going in multifamily commercial real estate investments fast.
Support the show
Joseph Bramante shares his inspiring journey from corporate engineer to real estate entrepreneur who now leads a company with over 1500 units and $230M+ in assets. He discusses how he bought his first property at only 25 while living overseas, motivated by a desire to take control of his financial future. He also provides an inside look at pivoting into ground-up multifamily development, explaining the increased complexity versus acquiring existing properties.
[00:00 - 07:52] - Getting Started in Real Estate Investing
- Saw managers buying rentals, decided to do the same
- Bought first property at 25 while overseas just to accelerate retirement
- Didn't fully understand at first but knew he had time and would figure it out
[07:53 - 16:12] - Pivoting into Multifamily Development
- Lower cap rates made new construction attractive starting around 2016
- Shorter duration deals allow faster capital recycling and higher returns
- Speed is crucial - changes can significantly impact projects
[16:13 - 19:23] - Different Objectives: Development vs Cash Flow
- Development focused on faster growth and capital appreciation
- Cash flow investors prioritize ongoing passive income
- Different investors suited for each strategy
[19:24 - 41:21] - Tips for New Investors & Market Analysis
- Take action even if it seems difficult - did first deal from overseas at 25
- Be bold and jump in - you'll figure things out as you go
- Ignorance can help you push forward before overthinking the risks
Key Quote:
"I recognized I needed to do something different … I never thought to start a business or had this big master plan that I was going to have all of these units. I just started with one." - Joseph Bramante
_________________________________
Connect with Joseph on his Website!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
I Help People Build Wealth And 10X THEIR MONEY By Establishing Multiple Income Streams Through Multi-Family Real Estate Investments.
Our blueprint to financial freedom is streamlined so you can get going in multifamily commercial real estate investments fast.
Support the show
How do you create wealth using the velocity of money? In this episode of the 5 Talents Podcast, Abel welcomes Curtis May. Curtis is the principal of Practical Wealth Advisors LLC., He helps families and business owners learn to plan wisely for the future and to achieve financial independence. He discusses personal finance principles such as saving, investing, and minimizing losses. He shares his own story of growing up in a self-employed family and learning money management from his father.
Tune in now as Curtis dives into understanding wealth transfer processes, the accumulation theory, assets versus liabilities, and reading financial statements to build wealth!
[00:00 - 02:54] Unpacking Personal Finance Principles
- Introducing Curtis to the show!
- Curtis is the principal of Practical Wealth Advisors, LLC.
- Most people don’t have a money problem, they have a philosophical problem
[02:55 - 10:22] From Self-Employed Family To Business Major
- What are the four things that you can do with money?
- Focus on cash flow and understanding the tax code
- Align your interests with those of the government
- Personal development is key to increasing income
[10:23 - 32:31] Understanding The Principles of Velocity, Cashflow Leverage, and Balance Sheet Neutrality
- Maximum protection: Disability, Life Insurance, Umbrella Coverage, Entities, and Wills
- What is the concept of “Velocity of Money”?
- Numbers tell a story, but you must look at them to understand it
- Invest in real estate for capital gains and use accelerated depreciation to reduce tax liability
[32:32 - 42:06] Closing Segment
- Curtis shares his understanding of wealth transfer processes and reading financial statements to build wealth!
- See the links below to connect with Curtis!
Quotes:
“The ideal financial plan is it has to work no matter what... You want to transfer the wealth to your family and charities and the plan must work under all circumstances.” - Curtis May
“All successful people operate by principles because if you don't have principles, every time you come across a new thing, it's like seeing it for the first time. So, what are your money rules that you won't violate?” - Curtis May
Connect with Curtis through his Website & LinkedIn!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
Have you ever considered a high cash value, whole life policy as an alternative to traditional banking?
In this episode, Anthony Faso and Cameron Christensen dive into Infinite Banking, how the process of Cash Cycle for Investors works, and how a high cash value, whole life policy can be used as an alternative to a bank. They include details on the benefits of using this type of policy and provide advice on investing in infinite banking.
Listen in to better understand the concept of Infinite Banking and how it can benefit your financial future. Tune in now to learn more about this innovative strategy!
[00:00 - 09:42] Unlocking the Power of Infinite Banking
• Anthony and Cameron of the Infinite Wealth Team discuss Infinite Banking
• Cameron breaks down the Cash Cycle for Investors
• How to build wealth by buying assets and reinvesting cashflow
[09:433 - 17:05] The Benefits of Infinite Banking
• How you can earn a much higher rate of return
• The compound interest curve is not broken when you borrow from the policy
• Do your research and make sure the insurance company is reliable and trustworthy
[17:06 - 25:42] The Backbone of the Economy & a Safe Place to Keep Your Cash
• Insurance companies are the backbone of the economy and have very few failures
• Mutual insurance companies have been profitable even during the Great Recession
• Start with goals and get back into the right account that will help achieve those goals
[25:43 - 33:20] Overcome Your Fear of Investing
• How Anthony and Cameron do the math to show if Infinite Banking is right for you
• How Cameron and Anthony started working together and merged
- Their approach to personal finance
[33:21 - 41:21] Closing Segment
• Get educated, take action, and don't be afraid to take risks
Quotes:
“With infinite banking, we don't want to change what you're doing. We just want to change slightly how you're doing it.” - Anthony Faso
“You got to store your capital somewhere. And there's many advantages to store it inside a whole life policy versus a bank.” - Anthony Faso
“If you do a little bit of research, you're going to realize that the best place that you can keep your cash is with a mutual insurance company in a properly designed policy.” - Cameron Christiansen
Want to connect with Cameron & Anthony? Visit Infinite Health Consultants to build cash flow, grow wealth, and achieve freedom!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one-on-one with Abel Pacheco.
Register for our investor portal here investor portal. Once registered, you can review some of our past deals and receive alerts for upcoming investment opportunities.
Support the show
How do you take advantage of potential opportunities in real estate investing? In this episode of the 5 Talents Podcast, Abel welcomes Andy McMullen. Andy is the Founder and Manager of Legacy Acquisitions. He has been focusing on multifamily and built-to-rent for the last four years. Andy values his long-standing personal relationships with brokers, operators, institutional lenders, and private equity firms.
Tune in now as Andy shares how to navigate current challenges in the industry and find out how you could take advantage of potential opportunities in real estate investing!
[00:00 - 03:06] Opening Segment
- Introducing Andy to the show!
- Andy is the Founder and Manager of Legacy Acquisitions
[03:07 - 13:07] Navigating Through Real Estate Obstacles And Hardships
- Facing challenges and setbacks along the way
- Surround yourself with a team that shares the same values and passion
- Real estate has been consistently profitable over any 10-year term
[13:08 - 28:10] Exploring Opportunities In Real Estate
- Opportunities exist in commercial real estate, even if NOI or cap rate goes down
- Look holistically at properties and consider negotiating with banks
- Build-to-rent side of real estate has been a great hindsight
[28:11 - 43:46] Closing Segment
- Andy shares knowledge on how to anyone take advantage of potential opportunities in real estate investing!
- See the links below to connect with Andy!
Quotes:
“ The building in itself is probably the last thing that you should be looking at and the cost of the rent's a little bit low considering all these factors the actual building how it's performing is almost secondary right in the long run.” - Andy McMullen
“Many people would argue now's the best time to be paying your mortgage. Because you're paying less of that, dollar for dollar.” - Andy McMullen
Connect with Andy through his Website & LinkedIn!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
In this episode of the 5 Talents Podcast, Abel welcomes Alix Kogan, Alix is the Founder and President of Ashland Capital an industry veteran with 20+ years of successful real estate operations and $500mm worth of transactions under his belt. Alix has been involved in all facets of real estate, construction, and development since he embarked on his career in real estate over 20 years ago.
Alix’s career began in Colorado through the start of his high-end construction company, Kogan Builders, Inc (KBI). Alix grew the business to become the largest and most successful single-family, mixed-use, townhome, condo, and small subdivision construction company in Southwest Colorado, which he ultimately sold and realized a successful exit.
Tune in now as Alix shares his expertise on how one should evaluate schools, sports programs, enrollment growth, and other factors when considering investing in student housing!
[00:00 - 07:20] Opening Segment
- Introducing Alix to the show!
- Alix is the Founder and President of Ashland Capital
- He grew up in a real estate family in Kyiv, Ukraine, and immigrated to the US
[07:21 - 14:48] Overcoming Obstacles And Creating Wealth
- Learned the importance of entrepreneurship, grit, taking accountability, and not relying on anyone else
- Encouraging parents to talk to their children about their family history and where they come from
- Writing a book about the family’s history is a great way to capture these stories
- Leverage active capital, time, and investments to build wealth over 20 years
[14:49 - 28:18] Unlocking The Secrets Of Student Housing
- Taking risks and diversifying investments
- Higher barrier to entry for student housing compared to conventional multifamily
- Taking into consideration of factors, such as:
- School growth
- Sports programs
- Demographic of students
[28:19 - 37:08] Closing Segment
- Alix shares his expertise on how one should evaluate schools, sports programs, enrollment growth, and other factors!
- See the links below to connect with Alix!
Quotes:
“They're going to take their students from 20 to 30, 000 new on an asset there, you've actually gained equity overnight just by the school announcing, a major growth plan. So, you have to be nimble and I think that's certainly the case for conventional apartments as well, right? You have a major employer that shuts down. You got to react to it. So, you got to be nimble.” - Alix Kogan
“I hate the concept of dead money even if I have capital on the sideline. I'm always trying to figure out a way how to earn as much as we can with the least amount of risk.” - Alix Kogan
Connect with Alix through his Website, LinkedIn, & Facebook!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at
Support the show
In this episode of the 5 Talents Podcast, Abel welcomes Matt Faircloth, Matt has been a full-time investor since 2005. In that time, he has successfully completed projects involving dozens of fix and flips, office buildings, single-family homes, and apartment buildings. He controls thousands of units in multifamily in partnership with tens of millions of passive investor equity. Matt is the author of Raising Private Capital, How to Build your Real Estate Empire with Other People's Money, which has sold over 50,000 copies and is an Amazon Best Seller.
Tune in now as Matt shares his inspiring conversation about faith, creativity, and success!
[00:00 - 02:02] Opening Segment
- Introducing Matt to the show!
- Matt is a real estate investor, recovering engineer by trade
[02:03 - 14:48] Taking Action And Having Faith In Real Estate Deals
- Started as a landlord at 26 with a single-family home
- The mindset to take a risk and invest in real estate
- Fear is the obstacle that needs to be overcome
- Take action and have faith and confidence in what we hope for
[14:49 - 27:33] Scale Up Your Real Estate Investing With Faith, Gratitude, And Confidence
- Confidence, gratitude, and seeing the full spectrum of opportunities are key
- Believing in yourself and having faith will reward you with what you need
- Delegate tasks you are not good at to others
- Harmonize with team members to scale business
[27:34 - 40:40] Closing Segment
- Matt advises listeners to focus on one market and one asset class to scale in the next couple of years!
- See the links below to connect with Matt!
Quotes:
“Focus is going to be the key for the next couple of years... So, if you guys are just getting going or trying to scale, I would focus on one market.” - Matt Faircloth
“If you're telling me you can't afford to hire someone, I don't believe you, you’re just not being creative enough. There's plenty of money out there, plenty of resources, plenty of ways that you can find someone to help you get where you want to go.” - Matt Faircloth
Connect with Matt through his Website, YouTube, Instagram, & Facebook!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
Rich oversees the marketing and business development at RealWealth. He is passionate about developing our team and our systems and is always looking for new ways to bring good people to the network. As a licensed real estate broker, experienced investor, and Master Certified Business Coach, Rich specializes in helping our team stay aligned and inspired to fulfill our company’s purpose, mission, and values.
Rich oversees the marketing and business development at RealWealth. He is passionate about developing our team and our systems and is always looking for new ways to bring good people to the network.
Tune in now as Rich shares his tips on developing intentionality in investing and goal setting such as creating a multi-generational project plan!
[00:01 - 03:37] Opening Segment
- Introducing Rich to the show!
- Rich is an author, coach, VP of the International Coach Federation, and successful real estate investor
[03:38 - 12:48] Overcoming Your Inner “Gremlin” To Reveal Your True Self
- His focus on single-family one-to-four-unit investment properties in 19 different emerging markets
- Helped investors purchase over 6, 000 properties worth 1.2 billion in real estate assets
- A holistic approach to wealth building
- Coaching has been a game-changer for his life
[12:49 - 25:07] Uncovering The Secrets Of Intentional Investing
- Coaching is key to getting in between the conversation between the gremlin and your true self
- Recognizing physical signs of the “gremlin’s” presence
- Have systems and structures in place to get there on a regular basis
- Intentionality is key for investing and goal setting
[27:08 - 38:39] Closing Segment
- Rich shares his tips on developing intentionality in investing and goal setting!
- See the links below to connect with Rich!
Quotes:
“It's not just about wealth. It's not just about money. It's about having the money and the freedom to live life on your own terms. that was our stake in the ground from Day one.” - Rich Fettke
“We've had our challenges; we've had our losses. It’s more than just vision setting and goal setting process, but the bigger thing is also the, why.” - Rich Fettke
Connect with Rich through his Website, Instagram, & LinkedIn!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
Matt Fore is an experienced real estate investor from Nashville, Tennessee. He has a background of over 10 years in sales and sales leadership positions at a prominent technology firm. Matt was able to achieve financial freedom within 3 years of starting, at the age of 32. Currently, Matt is a partner in the multi-billion-dollar real estate private equity firm Next-Level Income which specializes in Multi-Family, Self-Storage, Mobile Home Parks, Car Washes, and various forms of real estate debt.
Tune in now as Matt details his goal of doubling money within four to five years and taking action on his own investing journey!
[00:01 - 04:42] Opening Segment
- Introducing Matt to the show!
- Matt Fore is a partner at Next-Level Income
- He started his real estate journey in 2016 and has a portfolio of over $1 billion
[04:43 - 16:20] Investing In Intentional Wealth Creation
- He has achieved his portfolio through syndicating deals, partnering, JVing, and working with others
- Business is his art form; he encourages others to go back to their childhood interests
- ROI should be replaced with Return on Intentionality
- The goal of making money should relate to today as time is short
[16:21 - 29:35] Overcoming Obstacles And Challenges In Real Estate
- Time is precious and don’t let moments pass
- Intentionality creates magic moments
- How he realized the importance of building a good quality team around him
- Learned about Ironman and how it takes a vision and consistency of training to reach goals
[29:36 - 44:46] Closing Segment
- Matt shares how you can double your money by taking action on your own investing journey!
- See the links below to connect with David!
Quotes:
“No one is born to ride a bike over a hundred miles and then get off and run a marathon. It takes a vision of knowing you want to get there, and then consistency of your training to get there.” - Matt Fore
“I always equate it back to this idea of ROI and right once I say that most people go to return on investment. What I want to challenge people to think about is the return on intentionality.” - Matt Fore
Connect with Matt through his Website, Instagram, LinkedIn & YouTube!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
David Kitchen, Founder & President of Edge Leadership Academy, is an alum of Susquehanna University with years of coaching and leading experience in sports and business. He has worked for the last decade in strength and conditioning at Division I, II, and III schools. His master's degree is in Sport Psychology and he is currently working towards his PhD in Developmental Psychology.
Tune in now as David encourages listeners to understand that emotions are information not instructions and suggests reaching out for advice if someone is interested in becoming the best version of themselves!
[00:01 - 03:06] Opening Segment
- Introducing David to the show!
- David is the Founder & President of Edge Leadership Academy
- How he was led to a 10-year career as a college strength and conditioning coaching
[03:07 - 17:57] Detaching From Outcomes, Competing In Anything, And Flexibility For High Performance
- Detach from the outcome and trust the process
- Rigid standards and processes, but flexible in approach
- Designing culture for merging companies
- What are the biggest challenges for entrepreneurs?
[17:58 - 30:14] Rebuild And Lead With Values
- Values are what you would use to rebuild your life if everything got taken away
- Project yourself in the future and think of the words you want people to say about you
- Have deeper principles, truths, and values to guide you when stripped away
- Measurement is key to management – if you can’t measure it, you can’t manage it
[30:15 - 46:25] Closing Segment
- David encourages listeners to understand that emotions are information, not instructions!
- See the links below to connect with David!
Quotes:
“Your values are what you would use to rebuild your life if everything got taken away.” - David Kitchen
“Emotions are information, not instructions.” - David Kitchen
Connect with David through his LinkedIn & Twitter!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
Daniel Sheeks is the owner and founder of SheeksFreaks LLC, an online community dedicated to helping young people live their best lives by making smart money decisions. He has been a high school business teacher in Denver, Colorado, for eighteen years, and he's passionate about teaching teenagers personal finance, passive income, real estate investing, and early financial freedom strategies. Dan and his wife own fifteen units and have enjoyed success with multifamily, short-term rentals, and the BRRRR strategy.
Tune in now as Daniel invites listeners to join his online community Sheex Freaks which is geared towards Gen Z-ers aged 15-25 who are motivated to achieve their financial goals!
[00:01 - 02:20] Opening Segment
- Introducing Daniel to the show!
- Dan is the owner and founder of Sheeks Freaks, LLC
[02:21 - 12:45] Achieve Financial Independence Through Commercial Real Estate
- How he found the early financial independence movement about 7 years ago and his wife is now retired from teaching
- Growing up with no real estate investment background
- How he was able to invest in 20 single-family residential properties
- Learned how to increase income, spend less, and save more
[12:46 - 31:38] Creating Passive Income And Spending More Time With The Family
- Transitioned from 8 to 800-door single-family to commercial properties
- Looking at assisted living facilities and triple net lease properties
- He introduces his book, “First to a Million”
- Overcoming fear and Frugality
[31:39 - 40:40] Closing Segment
- Daniel invites listeners to join his online community Sheex Freaks!
- See the links below to connect with Daniel!
Quotes:
“Giving back and helping and making a difference and having a very rewarding job became important to me.” - Daniel Sheeks
“If you're increasing your income and decreasing your expenses, that savings rate grows pretty fast and that was key for us.” - Daniel Sheeks
Connect with Daniel through his Website, Facebook, Instagram, & YouTube!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
Flint Jamison is the Founder of Vestus Capital, with a notable 20-year background in aerospace as an engineer and program manager, Flint's career highlights include his renowned design contributions to the wing structure of the Boeing 787. In his final role, he successfully oversaw a $120 million program focused on aircraft modifications for military purposes.
Flint established Vestus Capital, aiming to educate fellow engineering leaders on the methods to expand and safeguard their wealth through passive investments in commercial real estate. Through Flint's guidance, investors have broken free from the unpredictability of Wall Street, discovering a sense of financial serenity by venturing into the realm of real estate investments.
Tune in now as Flint provides insight for an insightful conversation on how to navigate this ever-changing industry!
[00:01 - 03:52] Opening Segment
- Introducing Flint to the show!
- Flint is the Founder of Vestus Capital
[03:53 - 12:43] Taking Risks And Taking The Leap
- He helps educate investors on how to grow and protect wealth
- Taking a risk by selling everything he owned, flying to New Zealand, and working odd jobs for a year
- His experience helped him become more extroverted and comfortable with uncomfortable situations
- Experiencing burnout from working long hours in aerospace and decided to pursue entrepreneurship
[12:44 - 28:30] Taking Action And Invest Passively In Real Estate
- You don’t have to be an expert in all aspects
- Find one thing that you’re good at and take action sooner
- Investing and networking with people
- Diversifying your investor’s portfolio
[28:31 - 36:12] Closing Segment
- Flint suggests taking action and not letting fear drive you to take no action
- See the links below to connect with Flint!
Quotes:
“You never go small, you always go big. That is your gift, and you have tons of big things. You will do this too, grab onto your accomplishments and let that give you some peace.” - Flint Jamison
“If you try to force something so hard and it doesn't happen, you really disappoint yourself. But if you keep your eyes open to the opportunities that just kind of fall your way.” - Flint Jamison
Connect with Flint through his Website & LinkedIn!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
Anthony Vicino is a renowned writer, real estate investor, and successful entrepreneur whose mission is to help people make the most out of their lives. He is the joint founder of Invictus Capital, which offers busy professionals the chance to make better investments. Anthony emphasizes the power of making changes and focusing on one’s strengths to achieve success.
Tune in now as Anthony highlights the power of determination and perseverance toward achieving success!
[00:01 - 03:45] Opening Segment
- Introducing Anthony to the show!
- Anthony is the Co-founder of Invictus Capital
- He focused on self-development and solving money problems through entrepreneurship
[03:46 - 16:25] Navigating The Challenges Of Investing In A Changing Market
- He encourages listeners to commit to something for 10 years to see massive results
- He emphasizes often that it’s not a lack of knowledge that is holding us back, but a lack of action
- The importance of determination and perseverance in building wealth through real estate investment
[16:26 - 31:36] Maintaining Optionality In Real Estate
- Choosing a specific lane in real estate, whether multi-family, self-storage, or single-family, in order to focus and master the field
- How AI technology impacts every sector of our lives and it’s important to become literate in it
- Optionality is important in real estate deals for profitable exits
[31:37 - 41:52] Closing Segment
- Anthony advises listeners that it’s important to not ignore the market environment and to actively seek out opportunities
- See the links below to connect with Anthony!
Quotes:
“If you want to main remain competitive in this new world that we're moving into. Don't be afraid of AI, go in there and start playing with it and start understanding it.” - Anthony Vicino
“My stance on real estate is generally that you can make money in any sector of real estate. If you know the rules well enough, if you know the strategies, if you have the skills, the resources, the business plan to execute it, you can make money.” - Anthony Vicino
Connect with Anthony through his Website, Twitter, Instagram & LinkedIn!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
Darryl Callum is a leader in the growing financial literacy community. With over 5 years of experience in helping individuals with their personal finances, he has grown into a staple in the business credit and funding space as well. He’s on a mission to empower his community on growing more successful businesses and making passive streams of investments. The ultimate goal is to help build generational wealth for families who may not have come from a wealthy upbringing. Which led him to create the Infinite Freedom Movement.
Tune in now to learn more as Darryl talks about the importance of personal and business credit in building wealth!
[00:01 - 04:28] Opening Segment
- Introducing Darryl to the show!
- Darryl is the owner of the Infinite Freedom Movement
- He shares his experience with repairing personal credit and leveraging it for business credit and funding
[04:29 - 16:57] Maximizing Personal And Business Credit
- Personal development and spiritual growth were instrumental in his success
- Personal credit is the foundation for building business credit
- Lender compliance is key to getting approved for business funding
- Strategies to build a robust business credit profile
[16:58 - 28:48] Building Credit And Creating Passive Income For Financial Freedom
- Building relationships with credit unions can increase the chances of getting approved for funding
- Personal credit score affects business credit score
- Building positive credit history through trade lines and responsible credit card use
- Strategies to build a robust business credit profile
[28:49 - 33:20] Closing Segment
- Darryl advises listeners to leverage passive income and residual income for financial freedom
- See the links below to connect with Darryl!
Quotes:
“Personal credit is the foundation to building business credit.” - Darryl Callum
“Banking is still all about relationships. I recommend everyone, to know the top three credit unions in your city… This is going to improve your chances of getting approved for more capital.” - Darryl Callum
Connect with Darryl through his Facebook & LinkedIn!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
A creative commercial builder with more than two decades of experience, Sue Hough can help you build your bliss. She uncovers, develops & builds inspiring spaces to live and work in that honor the creative soul and bring joy to her clients. She is a voice of experience leaning into the joy of making development dreams come true. Sue’s entrepreneurial experience and mature sensibility position her to deliver turnkey construction projects where bliss comes to life.
Tune in now to hear more about Sue's journey as well as valuable tips for aspiring business owners!
[00:01 - 04:11] Opening Segment
- Introducing Sue to the show!
- She has been a builder and developer for over 20 years
- She started in real estate by inheriting properties from her parents
[04:12 - 19:40] Developing And Building Inspiring Spaces
- Learned by doing work at night after her kids went to bed
- The mindset has been to not be overwhelmed, but to take it one step at a time
- How she gained knowledge along the way as each project was different
- Her company, “Moody Moonridge” includes 26 single-family homes and townhomes
[19:41 - 29:55] Overcoming Fear And Taking Risks In Real Estate
- Lack of fear is both an asset and a downfall
- Making decisions from a financial standpoint
- Taking risks is necessary to succeed in the real estate industry
- Make it about something bigger than yourself
[29:56 - 37:12] Closing Segment
- Sue shares with the listeners enjoys the journey and appreciates the present moment
- See the links below to connect with Sue!
Quotes:
“You have to realize you could lose money, but if you want to do this, you will figure it out. And for the most part, especially when it comes to fixing and flipping, every project is absolutely different than the first one.” - Sue Hough
“If you don't have the money to finance it yourself, because it is hard to get a loan, especially on your very first deal, unless you're really highly capitalized. But if you aren't that person, if you're, like me, partner with somebody that does.” - Sue Hough
Connect with Sue through his Website & LinkedIn!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
After graduating from Columbia Law School, Clive’s corporate career took him from a Wall Street law firm where he began as a transactional lawyer to various in-house legal and compliance roles in the pharmaceutical industry, including nine years serving as a Chief Compliance Officer. Throughout his twenty-year career, he remained actively invested in real estate with a small portfolio of holdings.
In answering this self-posed question, Clive decided 2017 was the time and walked away from corporate life in pursuit of his interests and passion as a full-time real estate investment entrepreneur.
Since founding Park Royal Capital in 2017 Clive Davis has personally invested in more than 2,500 multifamily rental units, as well as a portfolio of hotels based in Atlanta where he has resided since 2005. Most recently Park Royal Capital acquired two Atlanta multifamily properties totaling 444 units with a combined value of over $70M.
[00:01 - 02:35] Opening Segment
- Introducing Clive to the show!
- Clive is the founding principal of Park Royal with 135 million dollars in assets under management
- His decision to pursue his passion for real estate
[02:36 - 15:38] Creating Generational Wealth In Real Estate
- Transitioning from a corporate job to full-time real estate investing by investing in single-family houses, refinancing/selling them
- Parents should teach their children the importance of education and owning something
- Modeling behavior for children to show them that corporate is excellent
[15:39 - 27:10] The Importance Of Networking And Relationship Building In Real Estate
- Relationships are at the heart of the commercial real estate
- Breaking ground and beginning horizontal work
- Networking and relationship building are key to success
- Structuring deal with equity and debt in phases
[27:11 - 40:39] Closing Segment
- Clive shares with the listeners to focus on what they know best and can execute to create a story for the project or investment
- See the links below to connect with Clive!
Quotes:
“Relationships are at the heart of the commercial real estate.” - Clive Davis
“I've always raised my kids to say, you can do anything that you want to do and you should pursue your passions.” - Clive Davis
Connect with Clive through his Website & LinkedIn!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
Ahmed Seirafi is the founder of Andalusia Development Company, and oversees all aspects of the acquisition, disposition, and development processes for Andalusia Development Company. He has led all facets of the business, spanning more than $100,000,000 in commercial assets, primarily in multifamily and retail.
Ahmed has led Andalusia Development Company in the execution of several development opportunities in its first few years of existence and has been instrumental in growing the development pipeline by 300%. With his expertise and experience, he has consolidated and focused the firm’s strategy on the acquisition of value-add and development opportunities, where value can be created through new construction, extensive renovations, hands-on management, and improvement of operating efficiencies.
[00:01 - 02:35] Opening Segment
- Introducing Ahmed to the show!
- Ahmed has been in the real estate business for 23-24 years
- Transitioning from a commercial broker to project management
[02:36 - 15:38] Maximizing Returns With A Mindset Of Building Better
- Old school mentality, tactics, and work ethic used to get through tough times
- Riding the wave and expect equity to grow
- Providing a safe, clean environment for tenants
- Developing means providing a solution to a problem in the market
[15:39 - 27:10] Building A Team To Scale Development Projects
- Acting as a conductor of an orchestra to create a symphony that the public demands and wants
- Building a team to support business growth and scale
- Spending time and energy on strengths rather than weaknesses
[27:11 - 40:39] Closing Segment
- Ahmed shares with the listeners to focus on what they know best and can execute to create a story for the project or investment
- See the links below to connect with Ahmed!
Quotes:
“I got to understand that as good as I think I am, I'm really not good at a lot of things, but at least I recognize that, and then I know the right people that are better than me at those things and try and bring them on the team.” - Ahmed Seirafi
“What it is in your entrepreneurial journey. Whatever you do, figure out what your natural strengths are and then double down on it.” - Ahmed Seirafi
Connect with Ahmed through his Website, Website, Website, & Instagram!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
Justin Smith has completed over $250 million in Multifamily Construction & Development projects. He has held multiple roles in business development, client relations, and real estate sales. He is passionate about the Multifamily Architecture/Engineering/Construction industry. He is skilled in Constructability, Business Development, Acquisitions, Real Estate Development, and Property & Asset Management. He is proficient at acquisitions and underwriting in the commercial housing space.
Tune in to this episode and discover what Justin has learned about building an empire from the ground up!
[00:01 - 03:34] Opening Segment
- Introducing Justin Smith to the show!
- Justin is the founder of Relequity Enterprises, a private equity and real estate firm
[03:35 - 17:18] Understanding The Process Of Construction And Development
- Lead your children through their passions
- Understand the risk of each stage in the process and have off-ramps if needed
- Taking raw land and finding the highest and best use for it, including:
- Design
- Architecture
- Civil engineering
- Mechanical engineering
- Electrical engineering, and
- Plumbing
- Putting together a capital stack with debt and equity
[17:19 - 27:25] Managing Risk In An Unpredictable Market
- Execution of construction scope, budget, and schedule
- Finding land and procuring buyers or partners
- Deals not breaking ground due to exit strategy not aligning with current expectations
- Managing the risk of interest rates that are out of control
[27:26 - 31:57] Closing Segment
- Justin advises listeners to find land deals or procure capital, managing risk with adjustable interest cap rates!
- See the links below to connect with Justin!
Quotes:
“Lead your children through their passions.” - Justin Smith
“If you have investors and partners, you need to understand that, this is not a selfish business. If you bring in investors, they're their number one. We need to be stewards.” - Justin Smith
Connect with Justin through his Website, LinkedIn, & Twitter!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
Highly energetic and accomplished thought partner in the real estate analysis, acquisition, and project management space. Possess extensive experience in underwriting for returns, program/project management, evaluation, and execution across multiple industries and equipped with a record of success in building relationships and implementing innovative programs that support the strategic direction of the organization. An effective leader with a proven ability to supervise and lead high-performance teams to ensure a 100% success rate in achieving company goals in an extremely competitive business environment.
Tony is also the Principal, Founder, and Servant at COR13 Capital.
[00:01 - 05:11] Opening Segment
- Introducing Tony to the show!
- Tony is the founder of COR13 Capital and is a big name in the real estate place
- He started learning about multi-family investing and then moved into development
[05:12 - 12:21] Having An Intentional Impact In The World Using Real Estate
- Focusing on build to rent
- Encouraging children to negotiate and learn the value of a deal
- Using real estate as a mission and ministry to help people in need
- Naming the company after the Bible
- Using love as a feature of the business
- His goal is to use real estate to impact lives and has an impact on what you do
[12:22 - 24:01] The Difference Between Build To Rent And Single-Family Rentals
- How real estate fell into his lap and he kept pushing after it
- Build-to-rent assets are typically from larger developers
- Build-to-rent is a combination of single-family rentals and multi-family
- Residents of build-to-rent enjoy the freedom of space and their own place to live without sharing walls or noise from neighbors
[24:02 - 38: 29] Closing Segment
- Tony shares with listeners that, “Success in real estate requires accepting “No” as a fact and not an emotion
- See the links below to connect with Tony!
Quotes:
“No is just an answer, not an emotion. And yes, is just an answer, not an affirmation.” - Tony Torres
“The mission that we have behind our business is that we want to see lives changed and use real estate and businesses to do that.” - Tony Torres
Connect with Tony through his LinkedIn & Twitter!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
In this episode, we welcome Grant Baldwin, Grant is the founder of The Speaker Lab. Back in 2008, he was a broke youth pastor who didn’t really know what he wanted to do in life. Through a few twists and turns, he decided to start a speaking business. He worked hard to build his business and get paid to speak, all while trying to figure things out on his own because there weren’t a ton of great resources out there.
Despite starting his speaking career during a financial crisis in 2008, He has earned over $2 million from 500+ paid engagements all over the world. He has done everything from closed-door workshops to keynotes in front of 13,000 people.
[00:01 - 04:10] Opening Segment
- Introducing Grant to the show!
- Growing up in an entrepreneurial and involved in a church household
[04:11 - 18:00] Generate More Revenue and Build Trust with Investors Through Speaking
- Enjoyed speaking and wanted to do more of it
- Started coaching and training around speaking to help people to do it on a consistent basis
- Speaking is a trust-based business and people do business with people they know
- Having a level of credibility, respect, recognition, and prestige
- Speaking provides opportunities for networking and influence
[18:01 - 32:58] Be the Steakhouse, Not the Buffet
- The Speak Framework:
- Select a problem to solve
- Prepare your message
- Engage your audience
- Activate your call to action
- Keep the conversation going
- Be clear on the solution you are providing and how you are providing it
- Establish yourself as an expert with a website and a demo video
- Reducing risk when speaking on stage can be done by creating a demo video, website, and social proof
[32:59 - 44: 52] Closing Segment
- Grant offers listeners tactical steps to overcome the fear of speaking
- See the links below to connect with Grant!
Quotes:
“The key to a long happy marriage is lower your expectations.” - Grant Baldwin
“The way that you get better-doing anything is to do the thing.” - Grant Baldwin
Connect with Grant through his Website, LinkedIn & Instagram!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
In this episode, we welcome, Josh Payne, Josh has been busy helping people get on track to their goals and dreams since 2009. Throughout his career, he has worked with families and entrepreneurs from all walks of life throughout the United States.
He started my career in the financial industry, at the age of 31, after receiving coaching and advice from his financial professional. It took until that age for us to finally sit down with someone to set up our financial game plan for a successful future. As a leader in the industry, equally rewarding for him is the mentorship and leadership, he provides aspiring entrepreneurs on their journey toward building better lives for themselves and their families. With our Payne Group “Business in a Box” he is able to provide a systematic approach to success in business.
[00:01 - 03:38] Opening Segment
- Introducing Josh to the show!
- He helps coach, mentor, and train hundreds of agents to help people achieve financial freedom and literacy
[03:39 - 20:33] Financial Literacy and Success Principles To Break Out of the Middle-Class Mindset
- His mission is to break down systemic problems of lack of equal access to financial education and resources across all economic borders
- Transitioning from a corporate career to an entrepreneurship
- Growing up in a middle-class environment with unintentional programming about money
- Unlearning and relearning from people who have the life you want
[20:34 - 29:30] Awareness and Reprogramming Helps Achieve Financial Success
- Awareness is key to realizing more is available
- Reprogram yourself with affirmation and repetition
- Establishing a foundation for financial life to move forward
- Diversification is important for creating and protecting wealth
[29:31 - 36:59] Closing Segment
- Josh advises listeners that clarity, belief, success principles, and action are key components of success
- See the links below to connect with Josh!
Quotes:
“We don't have to love the work. We just have to crave the end result so intensely that the work it takes to get there becomes irrelevant.” - Josh Payne
“I've got to make sure that the principles I have set in place are, are going to enable me to accomplish that.” - Josh Payne
Connect with Josh through LinkedIn & Instagram!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
Jason Lee is a highly recognized real estate broker in the multifamily real estate industry. He has worked with several eight to ten-figure real estate investors in San Diego County, helping them acquire, sell, and 1031 exchange in order to improve their portfolio.
He is well respected by his investors and he is currently one of the top-producing commercial real estate agents in San Diego County. His transactions & insights have been shared in the San Diego Business Journal and Costar.
Jason is not only a prominent broker but also a very active multifamily investor as well. He has acquired over 15 properties in the past 12 months. Jason is the owner and operator of over $35,000,000 worth of real estate in San Diego County, totaling just over 84 units.
[00:01 - 03:38] Opening Segment
- Introducing Jason to the show!
- His transition from a biology major to communication and went head first into real estate in 2018
[03:39 - 20:33] Finding Success in Commercial Real Estate
- Starting his own brokerage
- The Fed funds rate is increasing at a historical record pace
- Lenders provide less average, requiring more equity from investors
- Wealthiest investors are always buying, but being pickier in the current market
[20:34 - 29:30] Breaking the Rules and Achieving Financial Freedom
- Interest rates are rising, causing debt service payments to increase
- General partners are asking for capital and trying to remove contractually obligated returns
[29:31 - 36:59] Closing Segment
- Jason advises listeners that successful investors are taking small bites of investments no matter what the prices are
- See the links below to connect with Jason!
Quotes:
“No matter what happens in the worst of times and the best of times, if a deal's a deal, they're going to go after it. Of course, you got to be pickier at certain times in the market like this.” - Jason Lee
“It’s tough being an investor right now is a great time to be an investor because right now, more opportunities, and less competition. And a lot of people are not sharpening their pencils. But as a broker right now, there's less volume. So, it's a lot tougher to get deals.” - Jason Lee
Connect with Jason through LinkedIn!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
Jeff Greenberg is the CEO and Managing Member of Synergetic Investment Group, LLC (SIG). For over 12 years he has managed all aspects of commercial real estate ownership including acquisitions, investor relations, operations, value add the implementation, and dispositions.
Through SIG Wealth Fund, a diversified and customizable Equity Fund, SIG provides the opportunity for high-net-worth individuals to passively invest in Commercial Real Estate with best-in-class Commercial Deal Syndicators. Jeff uses his extensive experience and network to help investors to discover and invest in high-quality alternative investments.
Jeff has been involved in projects worth nearly $150 million of over 2000 units. He has been involved with stabilized and value-add properties including Student Housing, as well short-term rental, and Market Rate MF properties.
[00:01 - 03:38] Opening Segment
- Introducing Jeff to the show!
- He started with residential real estate in 2005 and moved to commercial real estate in 2010
[03:39 - 20:33] Protecting Capital In A Crazy Market
- How he took 8 years to transition to full-time real estate
- He saved money and invested in education while working full time
- His portfolio of 200 million plus properties and multiple successful exits
- He created two funds:
- One for accredited investors
- One for accredited and sophisticated investors
[20:34 - 29:30] Finding The Right Multi-Family Investment Opportunities
- He shares the platforms used to keep track of investments including Avestor and Cash Flow Portal
- Looking for cash-flowing assets, distressed debt, fixed-rate debt, low leverage, significant reserves, and low break-even occupancy
- The ways to ensure a conservative deal include fixed rate, stress testing occupancy rate and interest rate, and lower leverage
- It is easier for passive investors to say no to more opportunities than yes
[29:31 - 36:59] Closing Segment
- Jeff offers a giveaway of “Questions To Ask A Deal Sponsor” on his website!
- See the links below to connect with Jeff!
Quotes:
“When you do deals, you learn what not to do just as much as what you learn to do.” - Jeff Greenberg
“Invest in yourself first and get yourself educated, and that's the best way to get started in the business.” - Jeff Greenberg
Connect with Jeff through LinkedIn!
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www.5talents.capital
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Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
Monika Jazyk, is a wife and proud mother of four wonderful, yet expensive, children. After the completion of her Masters in Teaching and the birth of her eldest son, Monika chose to stay home with her growing family, sacrificing her income of a full-time wage. To create monthly income to be able to fund immediate and future expenses for her children, Monika and her husband Vaughan chose Real Estate as an investment vehicle to build passive income and long-term wealth. They have created a successful Real Estate Portfolio consisting of Buy Rent Hold properties allowing Monika to stay home to raise her 4 children while assuring all of their immediate and future needs are met.
Monika is also co-owner of Real Property Investments, a Real Estate Investment Corporation that helps Real People build Real wealth through Real Estate!
[00:01 - 06:49] Opening Segment
- Introducing Monika to the show!
- She shares her knowledge through books, courses, and real estate investments
- Savers are losers because money does not have the same value as it used to
[06:50 - 16:19] Planning For Contingencies And Stress Testing
- Job security is not the same as it used to be, so passive income is important
- Stress test mortgage rates and have a plan A, B, and C
- Make money when you buy the property
- Common sense is key – ask yourself if you would live there
- Have enough reserves and contingencies in place
- Recession-proof your business and investments
[16:20 - 29:42] Avoiding Million-Dollar Mistakes And Finding Success
- Investors need to be able to make money in any market
- She wrote a book with her husband, “Real Estate Mistakes”
- Providing solutions to help people avoid making the same mistakes
- Her mission is to help fill the wealth gap in developed nations by helping middle-working-class people improve their financial literacy
[29:43 - 34:37] Closing Segment
- Monika advises listeners to
- See the links below to connect with Monika!
Quotes:
“It's a whole new world once you start, but it's impossible not to make mistakes.” - Monika Jazyk
“In real estate investing, there are all these courses, there's all this information, but until you do the application. That's when the learning really starts.” - Monika Jazyk
Connect Monika through Website & Facebook!
Connect with me:
www.5talents.capital
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Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
Rama is the Founder of USHA Investment Group LLC. Rama Krishna Chunchu has a B.E in Mechanical Engineering from Osmania University, India, and corporate background in I.T. Investing in Real Estate since 2015 in North Carolina, FL, and MD. Equity partner in 750+ units’ multifamily assets, in FL, MD, and NC markets. GP in 64 units.
Rama found his passion for multifamily apartments. He started his podcast and virtual conference with the goal of educating passive and active multifamily investors on how to achieve financial freedom and build long-term wealth. He is passionate about apartment investing, reading books, cricket, and martial arts.
[00:01 - 03:14] Opening Segment
- Introducing Rama to the show!
- He is the founder of the USHA Investment Group
[03:15 - 15:02] Exploring The Financial Analysis Of Real Estate Investing
- Investing in single-family homes and townhomes
- Exploring the multi-family space due to challenges while managing multiple deals across multiple locations
- Investing in 708 houses before making the jump to becoming a limited partner passive investor in multi-family
- Underwriting is the financial analysis of commercial properties and determine what price to pay for a property
[15:03 - 31:27] How To Stress Test Your Underwriting Assumptions
- Underwriters should pick up the phone and call property managers for special deals
- Conservative underwriting should be used to cover unforeseen market conditions
- Entry Cap versus Exit Cap
- Stress test assumptions to see how occupancy, rent growth, and interest rates affect returns
- Loss aversion is a common mindset when it comes to investing
[31:28 - 37:48] Closing Segment
- Rama advises listeners to build relationships with brokers and reach out to more in the market
- See the links below to connect with Rama!
Quotes:
“To find the property's value, we need to do, you know, underwriting. So that's how we find the value of the particular property.” - Rama Chunchu
“The main reason behind going with a conservative with underwriting. So even in current market situations. So, we need to spread a little bit higher because no interest rates are going up. That definitely another factor.” - Rama Chunchu
Connect Rama through Website & LinkedIn!
Connect with me:
www.5talents.capital
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Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
Founder and Managing Partner Tim Little has been investing in Real Estate since 2008. After seeing years of cash flow through his single-family and small multifamily ventures, he decided to move into apartment syndication to both scale up his own profits and provide great returns to others.
Tim holds an MBA focused on International Business and an MA in Global Trade from the University of Denver. He is also a combat veteran with over 25 years in uniform who continues his service in the Army Reserves as Commander of a Public Affairs Battalion. His experience as a military leader serves him well in real estate, helping him effectively identify problems, develop solutions, and efficiently manage teams.
[00:01 - 04:01] Opening Segment
- Introducing Tim to the show!
- He has been in real estate for over a decade and is a general partner and owner of multi-family properties
[04:02 - 11:38] The Crawl, Walk, And Run Approach In Real Estate
- His inspiration came from shows on flipping houses and believed it was an easy way to make money
- Continuing to educate himself on real estate through books and podcasts
- Taking action and taking the leap to become a real estate investor
- Reaching financial freedom through owning a large number of doors in real estate
- Applying the “Crawl, Walk, and Run” approach
[11:39 - 24:15] The Mindset Shift To Pursue Real Estate
- Adding value to the asset management side of real estate investing
- Continuing success in real estate investing requires a continuous grind to find new opportunities, investments, and networking
- Understand the different levels of risks and timelines associated with different business plans
- Do your own due diligence to ensure you are comfortable with the risk profile associated with the investment
[24:16 - 33:03] Closing Segment
- Tim shares with the listeners to underwrite conservatively and factor in worst-case scenarios
- See the links below to connect with Tim!
Quotes:
“Don't think of debt as something that prevents you from taking action or from investing, it could be the thing that actually helps you in the end.” - Tim Little
“You can continue to educate, educate, educate. But until you take action, then you are not actually a real estate investor.” - Tim Little
Connect Tim through Website, LinkedIn, & Twitter!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
Sarry Ibrahim is a financial specialist, private money lender, real estate investor and member of the Bank On Yourself Organization. He helps business owners, real estate investors, and full-time employees grow safe and predictable wealth regardless of market conditions using a financial strategy that has been around for over 160 years.
Sarry started this journey when he was in grad school completing his MBA. He worked for companies like Allstate, Blue Cross Blue Shield, Cigna Healthspring, and Humana before founding Financial Asset Protection, a financial services firm focusing on one sole concept; the Bank On Yourself ® concept.
[00:01 - 03:27] Opening Segment
- Introducing Sarry to the show!
- He shares his advice to business owners and real estate investors to think like a bank instead of focusing solely on business
[03:28 - 18:47] Thinking Like A Bank And Leverage Your Life Insurance
- Thinking like a bank
- Questions to ask yourself as an entrepreneur
- Benefits of thinking like a bank include higher multiple when selling and leveraging/collateralizing
- Evaluating how much interest you are paying
- Leverage life insurance policies to borrow money
- Money saved in a bank account is subject to inflation and reduced spending power
[18:48 - 37:18] Unlocking The Benefits Of Investing In Life Insurance Policies
- Cash can be borrowed against a life insurance policy, allowing for liquidity while still growing
- Complete control over cash value
- Assets can grow faster than liabilities
- Pyramid of wealth creation: active income, investing, and leveraging assets
- Time is more important than money
- Managing time leads to making more money
- Tax benefits from investing in real estate
[37:19 - 42:42] Closing Segment
- Sarry shares that tax benefits are a big part of thinking like a bank, such as taking accelerated depreciation and bonus depreciation to reduce taxes
- See the links below to connect with Sarry!
Quotes:
“It's important to grow cash to have cash on hand…You can still get other sources of lending, even when you've borrowed from the life insurance company using your life policy.” - Sarry Ibrahim
“Everybody has the same amount of time in a day and everybody does not have the ability to roll that time from yesterday to tomorrow." - Sarry Ibrahim
Connect Sarry through Website & Email!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
Brett Swarts is considered one of the most well-rounded Capital Gains Tax Deferral Experts and informative speakers in the U.S. He is the Founder of Capital Gains Tax Solutions, is an exclusive Deferred Sales Trust Trustee, host of the Capital Gains Tax Solutions podcast and an eXp Commercial Multifamily Broker in Sacramento, CA.
His Millionaire Clients are challenged to create and develop a tax-deferred transformational exit wealth plan using The Deferred Sales Trust™ (“DST”) so they can create and preserve more wealth. Brett is the host of the Capital Gains Tax Solutions podcast.
[00:00 - 03:14] Opening Segment
- Introducing Brett to the show!
- He shares his experience with Marcus and Millichap
[03:15- 25:12] How To Achieve Your Goals With Deferred Sales Trust
- Taxes are the most expensive thing people will ever have in their lifetime
- Switching from a cash flow mindset to a cash flow and tax flow mindset
- Hire a professional to help with taxes and paperwork
[25:13 - 31:26] Lower Your Risk And Increase Your Reward With Delegation And Clarity In Investing
- Investing requires calculated risk
- Delegate time to study and practice investing
- Lower emotions when investing by having clarity
- Understand risk versus reward when making a decision
- Spend time educating yourself on deals, strategies, and teams
[31:27 - 44:19] Closing Segment
- Brett advises listeners to invest in themselves by investing in small deals to test-drive investments
- See the links below to connect with Brett!
Quotes:
“It's a mindset of what are they doing that's successful. And how can I mirror, how can I emulate, how can I learn what they're doing and implement it into my business?” - Brett Swarts
“It's a mixture of expertise. It's a mixture of calculated risks. It's a mixture of finding the team to help you with those deals or those financial products or those real estate developments and it's not a one size fits all." - Brett Swarts
Connect with Brett through Website, Bigger Pockets, Facebook, YouTube, Instagram, LinkedIn & Twitter!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
Kaaren Hall is the CEO uDirect IRA Services, LLC and OCREIA. Despite being in the midst of a recession and mortgage market collapse, Kaaren Hall founded and made a resounding success of uDirect IRA Services. She discovered a strategic way to put her 20+ years in mortgage banking, real estate, and property management to use. The solution was an untapped market for both her skills and for investors – self-directed IRAs. Through uDirect IRA, she has guided tens of thousands of Americans through the process of diversifying their investments using self-directed IRAs with $1B+ Under Management. Learn more about Hall and her thriving company at uDirectIRA.com.
[00:00 - 02:51] Opening Segment
- Introducing Kaaren to the show!
- She talks about her background, experience, and advice for those looking to invest in real estate
[02:52- 16:12] Investing On Syndications Through Self-Directed IRA Investments
- Private equity is the number one asset class for self-directed IRA investments
- Buying and selling debt in notes is a common way to invest in real estate
- Tax liens are also an option for self-directed IRA investors
- Real estate investing can be very profitable, but it takes a lot of knowledge and diligence to be successful
[16:13 - 26:45] Diversifying An Investor’s Portfolio With Self-Directed IRA
- Check your investments throughout the process, and make sure that you have access to financials and an audit trail
- Self-directed IRA allows for more diversification in an investor’s portfolio
- It’s important to be aware of what type of advisor they are working with
[26:46 - 42:46] Closing Segment
- Kaaren advises listeners to start investing with the help of a financial advisor
- See the links below to connect with Kaaren!
Quotes:
“You don't always know if an investment's going to pay off, but you can have a pretty good idea with enough homework.” - Kaaren Hall
“It’s not just enough to do your due diligence on the front side. You want to do it during the investment as well." - Kaaren Hall
Connect with Kaaren through Website, Facebook, Twitter, LinkedIn, YouTube, & Instagram!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
William “Bill” L. Exeter serves as Chief Executive Officer, Chief Trust Officer, Chief Financial Officer, and Treasurer for various companies within The Exeter Group of Companies, including The Exeter Group, LLC and Exeter 1031 Exchange Services, LLC headquartered in San Diego, California, Exeter Trust Company and Exeter Asset Services Corporation headquartered in Cheyenne, Wyoming, and their affiliate companies. He is one of the founders of The Exeter Group of Companies and has been with the company since its inception in 2004. He is based in The Exeter Group of Companies’ national corporate headquarters office in San Diego, California.
[00:00 - 06:04] Opening Segment
- Introducing William to the show!
- Partnering with someone who has a grasp of numbers and accounting
[06:05- 13:41] Defer Taxes By Utilizing The 10 31 Exchange
- The 1031 exchange is a tax deferral strategy that allows homeowners to sell their property and reinvest the proceeds in something else
- Selling at the top of the market can result in a large capital gain tax bill
- Real estate professionals who is actively managing their portfolios
[13:42 - 29:33] Identifying Goals And Objectives With The 1031 Exchange
- The 1031 exchange is a way to sell real estate and buy real estate at the same time
- The ways to fix the ownership of the property so that it qualifies for a 1031 exchange
- A 1031 exchange is a way to sell the property and defer taxes by exchanging shares of the property for cash
- How important it is to have a legal expert and a CPA on your team
[29:34 - 33:38] Closing Segment
- William stresses the importance of having a team
- See the links below to connect with William!
Quotes:
“You can look at 1031 exchange. Selling your property, and reinvesting in something that makes more sense for you. It really needs to put you in a better position. ” - William "Bill" Exeter
“I've always been fascinated with tax-deferred tax exclusion strategies. If you're going to work so hard and try to create your wealth, then you got to try to defer or exclude the taxes and that helps you build wealth even faster than if you paid the tax that you went along." - William "Bill" Exeter
Connect with William through Website & YouTube!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
I Help People Build Wealth And 10X THEIR MONEY By Establishing Multiple Income Streams Through Multi-Family Real Estate Investments.
Support the show
Israel Linaresis CoStar’s Senior Market Analyst covering the Austin commercial real estate market. He is a data analyst by trade and has spent his career in research and data analytics. He’s passionate about using raw information to uncover truths, draw insights, and communicate sometimes complex stories in easily consumable ways.
After earning his degree in finance from Boston University, he held a research position at SIX Group, a global financial data provider, where he helped customers better understand the Latin American financial markets.
[00:00 - 02:10] Opening Segment
- Introducing Israel to the show!
[02:11- 19:44] Austin, Texas Multi-Family Market Continues To Grow
- How data from the company’s propriety success is used to make investment decisions
- Tracking leasing activity, vacancy rates, and sales trends in order to better understand demand
- Obtaining sales data by contacting owners directly
- CoStar predicts that absorption will remain strong but may decline by the end of next year as a result of broader economic risks
[19:45 - 38:49] The Stabilization of The Suburban Market Is A Driver Of Inventory Growth
- The growth of Austin, Texas, including population and job growth
- Suburban market has been a major driver of inventory growth
- The strong population growth has led to increased demand for space and higher occupancy rates
- Job growth is projected to continue, fueling demand for housing
[25:00 - 32:50] Closing Segment
- Israel shares his thoughts on the impact of economic pressures on property values and cap rates
- He advises listeners about managing money and staying informed about current events
- See the links below to connect with Israel!
Quotes:
“My role is to take that information and interpret and be able to produce outputs that really kind of tell the story of Austin… Basically looking at data, taking that raw information, trying to transform it into something that people can understand.” - Israel Linares
“When you have a lower barrier to entry, or maybe less friction as well as expanding population in these suburban areas, that makes it all the more appealing to be able to build." - Israel Linares
Connect with Israel through Website & LinkedIn!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
I Help People Build Wealth And 10X THEIR MONEY By Establishing Multiple Income Streams Through Multi-Family Real Estate Investments.
Support the show
Ben Raygor is the owner of Raygor Tax LLC, a tax firm that works exclusively with real estate investors all over the United States. He is a CPA who owns rental real estate and helps his clients reduce their tax burden using appropriate strategies for their situations. Ben lives in Minnesota, with his wife and 4 children, and enjoys walks, games, church, and spicy food.
[00:00 - 02:10] Opening Segment
- Introducing Ben to the show!
- Ben talks about his tax firm, “Raygor Tax LLC”
[02:11- 19:44] How To Minimize Your Tax Liabilities As A Real Estate Investor
- Working with successful business owners who own and hold rental properties
- The strategy to minimize taxes by frontloading depreciation on the properties
- Being highly driven and learning quickly are the ones who succeed in real estate
- Learning from mistakes and being willing to take risks will be successful in real estate
- The key to success is networking and building a strong relationships with other professionals in the industry
- Investors in real estate should be aware of the risks involved
[19:45 - 38:49] How To Build Wealth The Quickest By Avoiding Taxes
- How to be a real estate professional
- What are the other types of real estate professionals?
- Agents
- Flippers
- Developers
- And others
- Deferring income and front-loading expenses
[25:00 - 32:50] Closing Segment
- Ben advises listeners to partner up with trusted professionals to control their tax situations
- See the links below to connect with Ben!
Quotes:
“People who are highly driven want to learn fast and learn from mistakes. And aren't afraid to admit those mistakes.” - Ben Raygor
“When you have a business partner that you can trust, and just the things you can collaborate on and legally do together to just collectively send less money to the government. That is huge." - Ben Raygor
Connect with Ben through their Website, LinkedIn, & Facebook!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
I Help People Build Wealth And 10X THEIR MONEY By Establishing Multiple Income Streams Through Multi-Family Real Estate Investments.
Our blueprint to financial freedom is streamlined so you can get going in multifamily commercial real estate investments fast.
Support the show
Nick Aiola is a CPA and real estate investor. He is the owner and CEO of Aiola CPA, PLLC, a 100% virtual CPA firm specializing in tax planning and preparation for real estate investors (www.aiolacpa.com). His real estate investing strategies include buy and hold (both long-term and short-term rentals), flip, and passively investing in syndications. He is the co-founder of Home of the Brave Foundation, Inc., a charitable organization helping veterans and current service members find housing.
[00:00 - 05:07] Opening Segment
- Introducing Nick to the show!
- How to save on taxes by meeting with an accountant or advisor frequently throughout the year
- How to plan for long-term security and achieve goals beyond this year
[05:08- 12:52] Writing Off 100% Of The Cost From Your Investments With Bonus Depreciation
- Tax is one component of everything
- Tax should be considered when making decisions about finances, real estate, and other investments
- The many ways to reduce taxable income
- Cost segregation and bonus depreciation for real estate investments
[12:53 - 24:59] Protect Your Money From Inflation Through Real Estate Investing
- The strategies that are beneficial for high earners who pay high taxes
- The two ways to invest in real estate
- He discusses how inflations affect the real estate industry
- Investing in real estate is a great way to protect your money
[25:00 - 32:50] Closing Segment
- His insights on syndications and multi-family properties
- See the links below to connect with Nick!
Quotes:
“Our main goal is to be able to work with you throughout the year. That way when we get to the end of the year, you don't have a surprise tax bill. And we get to keep some of that money in your pocket. So that's our focus. And, no better way to do that than real estate.” - Nick Aiola
“Tax is one component of everything, so we want to make sure that holistically we're looking at everything and seeing what makes the most sense." - Nick Aiola
Connect with Nick through Website, LinkedIn, & Facebook!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
I Help People Build Wealth And 10X THEIR MONEY By Establishing Multiple Income Streams Through Multi-Family Real Estate Investments.
Our blueprint to financial freedom is streamlined so you can get going in multifamily commercial real estate investments fast.
Support the show
After coming to America from abroad, Nima Rezaei started elementary school and quickly adopted the American culture. Although he came from a long line of engineers, he knew that was not his calling. He flirted with law school and even prepped for the LSAT. However, during his undergrad as a business major, he was forced to take accounting courses and quickly fell in love. The logic behind the debits and credits, coupled with a supportive teacher, inspired him to become a CPA. He completed the GMAT with a score of 710 and started Grad School at Sacramento State University. Nima completed his grad school and his CPA at the same time, either of which is a difficult feat alone. He passed every class and every CPA exam on the first attempt. Having been in public accounting for a number of years, Nima recently started his own practice in Roseville, a suburb of Sacramento, and has been in operation since.
[00:01 - 05:07] Opening Segment
- Introducing Nima to the show!
- Nima shares his experience in real estate and tax planning
[05:08- 12:52] Achieving Financial Independence Through Discipline And Education
- Finding passion in accounting
- Real estate investment is considered passive income
- Investing in multifamily syndications
- Investors are looking for a double-digit income through real estate
[12:53 - 24:59] Save On Taxes By Utilizing Tax Strategies
- Various ways to save on taxes using:
- Corporate structure
- Passive income
- Depreciation
- What is depreciation recapture?
- Inheriting real estate can result in a step up in the basis
[25:00 - 32:50] Closing Segment
- Nima emphasizes the importance of education and generational wealth
- See the links below to connect with Nima!
Quotes:
"Whether it's Law, CPA, Engineer, whatever it is, I just personally believe that if somebody chases their passion they're going to be successful at it.” - Nima Rezaei
“Real estate investment is not just about me. This is generational stuff that we're talking about." - Nima Rezaei
Connect with Nima through LinkedIn!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
I Help People Build Wealth And 10X THEIR MONEY By Establishing Multiple Income Streams Through Multi-Family Real Estate Investments.
Our blueprint to financial freedom is streamlined so you can get going in multifamily commercial real estate investments fast.
Support the show
Jon Siegel is Co-Founder and Chief Investment Officer of RailField Partners, an investment and asset management firm focused on multifamily real estate. At RailField, he has primary responsibility for acquisitions, dispositions, and financing. Prior to forming RailField, Jon was a founding partner of J.S. Watkins Partners, an advisory firm that has advised clients on over $25 billion of multifamily transactions. Clients included large financial institutions and other prominent industry players. Jon also served as Director of Acquisitions at NHP Incorporated, the largest owner and manager of multifamily real estate in the nation, where he was responsible for transactions involving the purchase of the real estate, partnership interests, and operating companies.
[00:00 - 04:58] Opening Segment
- Introducing Jon to the show!
- His experience as an acquisitions officer
[04:59- 19:08] Setting Realistic Expectations During The Investment Process
- Created a plan and kicked off the company
- Manages a portfolio of apartment complexes worth half a billion dollars
- The importance of setting expectations during the investment process
- How to identify properties that are a good fit for the investor
[19:09 - 32:55] The Disconnect In The Market Between What Buyers And Sellers
- There is a potential for interest rates to increase
- The cost of borrowing money could lead to higher equity requirements in real estate deals
- The loan-to-value ratio is shrinking
- What is causing a disconnect in the market between what buyers and sellers
[32:56 - 40:35] Closing Segment
- Jon appreciates the collaboration between oneself and others is key during these difficult times
- See the links below to connect with Jon!
Quotes:
"If we look at it from a long-term perspective, at least we know that if there's a problem, we can get through the problem because I think over time, in real estate, it always goes up.” - Jon Siegel
“Do business with people that you can trust, that have a good reputation." - Jon Siegel
Connect with Brian through Website & LinkedIn!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
I Help People Build Wealth And 10X THEIR MONEY By Establishing Multiple Income Streams Through Multi-Family Real Estate Investments.
Our blueprint to financial freedom is streamlined so you can get going in multifamily commercial real estate investments fast.
Support the show
Kevin Bupp is a Florida-based Real Estate Investor, Top iTunes podcast host, and bestselling author with over $250 million of real estate transactions. His extensive investment experience spans the gamut of apartment buildings, single-family portfolios, medical offices, self-storage, assisted living, and his three favorites and by far the most profitable, Mobile Home Parks, Parking Lots, and Build-To-Rent Communities. He speaks about his journey as a commercial real estate investor and how he has helped many people create wealth. He shares lessons he has learned about being successful in real estate.
[00:00 - 03:43] Opening Segment
- Introducing Kevin to the show!
- Apartment buildings, single-family portfolios, medical offices, self-storage, and assisted living
[03:43- 20:31] Commercial Real Estate Can Help You Build Wealth And Preserve It
- Inefficiencies in large portfolios
- Transitioning from buying single-family homes to larger commercial deals
- Commercial real estate is a more efficient way to manage a portfolio of multifamily properties
- Real estate can provide a cash flow and freedom
- Be honest with yourself about what is the best use of your time
- Real estate can be a very low barrier to entry
[20:32 - 30:04] How Passive Investors Can Benefit From Sponsorship Opportunities
- Figure out a way to make money to invest
- Value-add deals
- Stay invested and to take too much risk
- Study the sponsor team and the asset class
- Finding a good sponsor
[30:05 - 40:02] Closing Segment
- The current state of the United States
- See the links below to connect with Kevin!
Quotes:
"This is back when the technology exists back then, but the management side of a scattered portfolio like that was not nearly as efficient as what technology has allowed it to be." - Kevin Bupp
"If you're not feeling comfortable, keep going down that journey. Keep it on that road, you're going to find good sponsors, you're going to find that wealth that you're seeking." - Kevin Bupp
Connect with Brian through Facebook, YouTube & LinkedIn!
Connect with me:
www.5talents.capital
Watch 5TCRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
I Help People Build Wealth And 10X THEIR MONEY By Establishing Multiple Income Streams Through Multi-Family Real Estate Investments.
Our blueprint to financial freedom is streamlined so you can get going in multifamily commercial real estate investments fast.
Support the show
Brian T. Bradley, Esq. is the Senior Managing Partner at Bradley Legal Corp and is a leading educator and nationally recognized asset protection attorney for high-risk professionals, Entrepreneurs, real estate investors, and ultra-high net worth families. Collectively they are protecting over 5 billion worth of assets. Brian’s goal is to give you "peace of mind" knowing your assets are safe and they make it difficult for predatory lawyers to target vulnerable people. In this episode, Brian discusses asset protection and its importance to high-risk professionals. He breaks down trust into its various components and explains how asset protection works to protect investments and real estate before an attack can occur. He discusses the increasing frequency of doomsday lawsuits, and how asset protection is your modern best bet to level the playing field. He talks about how, if you’re starting and don’t have any assets, you shouldn’t make any investments.
[00:00 - 04:01] Opening Segment
- Introducing Brian to the show!
- Specializes in protecting investments and real estate
[04:02- 19:00] Asset Protection And Accumulate More Assets
- The legal system is broken and predatory
- Asset protection is the best way to level the playing field and protect your wealth
- Asset protection is to start at the base layer and build up as you accumulate more assets
- The global monetary system is inflationary
- Inflation is bad for the poor because it takes money away from them
- The need to be aware of what’s happening in the world
- Focus on tax mitigation first and then decrease your taxable estate
[19:01 - 30:30] Balance Out The System Through Asset Protection
- Focus on cash flow and not taking into account other factors
- The different stages of an investor’s journey
- Invest in ways that will allow them to take advantage of tax code benefits
- Balance out the system through asset protection
- The three main layers of asset protection
- Doomsday lawsuit protection
[30:31 - 36:54] Closing Segment
- Adding a strong asset protection trust because it can help protect your money
- See the links below to connect with Brian!
Quotes:
"Asset protection is not traditional estate planning. It's just a modern way tool to balance out the system.” - Brian Bradley
"Asset protection isn't traditional estate planning, it's modern estate planning." - Brian Bradley
Connect with Brian through Website & LinkedIn!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming invest
Support the show
Jerome Maldonado is a highly successful real estate investor, business owner, coach, and speaker. Inspired by his parents’ dedicated work ethic, Jerome has always had a hunger for success and a willingness to do whatever it took to make his vision for his life a reality. Understanding the simple concepts and benefits of leasing real estate, he purchased multi-use retail and commercial property to house his business. In this episode, Jerome speaks about how network marketing and sales led him to real estate investing, and how he has developed a successful business model by attacking the affordable housing market. He offers advice to new investors and stresses the importance of saving money, multiplying your wealth, and preserving your wealth.
[00:00 - 12:13] Opening Segment
- Introducing Jerome to the show!
[12:14- 25:26] Networking and Learning From Others In Order To Be Successful
- Importance of education and mindset in real estate
- Importance of networking
- Learning from others in order to be successful
- Conference in November
[25:27 - 28:16] The Importance of Partnerships For Growth In The Real Estate Industry
- Economy is changing
- People need to learn to take advantage of these changes
- Having fun while learning
- Attendees can learn more about investing and business
- Partnerships are important for growth
[28:17 - 44:07] Closing Segment
- Jerome advises new investors to grow big through good partnerships
- See the links below to connect with Jerome!
Quotes:
"One of the things I really tried to focus hard on this year was to also mix in the fun with the education." - Jerome Maldonado
“You can't grow anymore without help.” - Jerome Maldonado
Connect with Jerome through Website, Instagram, YouTube & Facebook!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
I Help People Build Wealth And 10X THEIR MONEY By Establishing Multiple Income Streams Through Multi-Family Real Estate Investments.
Our blueprint to financial freedom is streamlined so you can get going in multifamily commercial real estate investments fast.
Support the show
Kirk Chisholm is a Wealth Manager and Principal at Innovative Advisory Group. His roles at IAG are as co-chair of the Investment Committee and Head of the Traditional Investment Risk Management Group. His background and areas of focus are portfolio management and investment analysis in both the traditional and alternative investment markets. In this episode, he explains that risk management involves identifying all of the risks involved with a particular situation, mitigating as many as possible, and being comfortable with what remains. He talks about how different levels of investors have different challenges, and how being comfortable with what’s left over after mitigating risks is key in investing. He provides an example of how risk management can be applied to a real estate investment.
[00:00 - 03:24] Opening Segment
- Introducing Kirk to the show!
- Kirk shares his insights about risk management, where he has changed the formula for how a firm deals with commercial real estate investments by focusing on risk management
[02:25 - 19:05] Identifying And Mitigating Risks With Investments
- What is risk management?
- He discusses the framework for risk management
- The secondary framework is called TLC (Transparency, Liquidity, Custody)
- Liquidity is a huge part of risk management
- When there’s a liquidity crisis
[19:06 - 28:16] Invest With A Purpose
- Kirk discusses the problems faced by real estate investors, namely that it is a cash flow problem
- Warren Buffet’s mindset
- He discusses the three categories of investors
- Have a purpose in their lives
[28:17 - 44:07] Closing Segment
- Kirk recommends that people reach out to him for advice on how to invest their money in ways that will preserve it and ensure that their grandchildren will have enough
- See the links below to connect with Kirk!
Quotes:
"Liquidity is a huge part of risk management in understanding how liquidity plays into what you're doing.” - Kirk Chisholm
"No matter what you have, you can't mitigate them all. You have to find an acceptable level of risk." - Kirk Chisholm
“When we're looking at real estate, we don't look at appreciation...What I would say to investors is to do their due diligence.” - Kirk Chisholm
Connect with Kirk through LinkedIn & Innovative Advisory Group!
Connect with me:
www.5talents.capital
Watch 5TCRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
Scott Royal Smith is a Real Estate Investor and Asset Protection Attorney. While still in law school, Scott became an entrepreneur -purchasing and running an auto mechanic shop to pay his way through school. He spent the last 10 years of his career analyzing Real Estate Investment and Asset Protection.
This present day, Scott is the founder and CEO of Royal Legal Solutions; a firm he built to offer tax, business, and legal strategies to clients all over the U.S and Canada. He continues to educate the public on asset protection strategies to help circumvent debilitating lawsuits for his clients. He discusses the importance of being a good steward of capital and why it’s so important to have an attorney with investment experience on your side.
[00:00 - 06:33] Opening Segment
- Introducing Scott to the show!
- Scott shares his story of how he became an investor
- He helps other real estate investors achieve success
[06:34 - 20:55] How To Achieve Financial Independence and Live a Rich Life
- Scott says that you can achieve great things if you start by helping others
- Understanding the playbook of how to go from zero to 10
- The steps to wealth creation
- The 4 key areas to be considered when building wealth are:
- Asset protection
- Estate planning
- Tax and Insurance
[20:56 - 37:33] Asset Protection and Building Wealth The High North Way
- Asset protection
- An umbrella policy can protect you from lawsuits
- Having a living trust can help ensure that your family is taken care of after your deat
- Does your company/organization need to be an LLC?
[37:34 - 46:46] Closing Segment
- Scott believes that’s why we think we’re so successful is because we’re taking the high-net-worth mentality and applying it to everyone, even if they don’t know it
- See the links below to connect with Scott!
Quotes:
"We always focus on is education to action, which means we have to understand who you are, where you're at, what the next steps you're going to.” - Scott Royal Smith
"The problem itself is really understood all the way from the very beginning to owning absolutely nothing to having a hundred million dollars." - Scott Royal Smith
“What you build now works perfectly now for what you're going to need in the future." - Scott Royal Smith
Connect with Scott through LinkedIn & Royal Legal Solutions!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
David Spellman is the RIA and Director for Money Concepts Capital Corp. He has a committed and benevolent interest in others and has all the appropriate licenses to help clients with financial planning in their personal lives as well as their business endeavors. As a fiduciary, he is responsible for the advice he gives both professionally and personally. He says his goal is to help every person he meets with save taxes, protect assets, and build wealth. He says that before you can really achieve financial freedom and create a legacy, you have to learn how to budget, invest, and protect your assets. He emphasizes the importance of being strategic when building wealth, noting that not everyone has the same opportunities or access to wealth-building tools as those who do not have wealth.
[00:00 - 06:04] Opening Segment
- Introducing David to the show!
- As a registered investment advisor (RIA), he is responsible for advising clients on investments and protecting their money
[06:05 - 12:47] Setting Goals And Protecting Your Assets
- When it comes to creating wealth, starting with your goals is key
- What is a fiduciary?
- Budget and asset protection
- Figure out your goals and how to live within your means
- How to create real estate wealth?
- Strategy for Reducing Your Taxes
[12:48 - 34:24] Building Wealth Through Financial Literacy
- David discusses the importance of people connecting with others and finding their interests
- Stages of building wealth
- Basic building blocks for financial literacy
- Strategies that differentiate those who are wealthy from the majority of people
- Consulting with an expert to implement strategies
[34:24 - 38:02] Closing Segment
- David believes that the law of attraction is always present, and that when people are fearful, they are making moves in the wrong mindset
- See the links below to connect with David!
Quotes:
"If there's extra money, discretionary money, we want to find a way to get that to grow, on a compound level.” - David Spellman
"You want to think about the abundance that we have everywhere." - David Spellman
" I want to have enough to replace that income mortgage if you have any mortgages on the docket. You won't have enough to cover that." - David Spellman
Connect with David through LinkedIn & Money Concepts!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
Keith served as the director of acquisitions for a hedge fund that transacted the largest private sale of homes in US history. He talks about the importance of real estate and how it can be a great way to make money over time. He discusses some of the risks involved in real estate, but also the opportunities that are available. He shares some tips on how to invest in real estate and reduce your risk profile. He discusses some alternative investments that may be a better fit for someone looking to diversify their portfolio.
[00:00 - 06:04] Opening Segment
- Introducing Keith to the show!
- He talks about how most people who make their money through commercial real estate invest in traditional assets like stocks, bonds, and real estate
[06:05 - 12:47] Effort and Persistence To Change One’s Mindset
- Keith says that it’s important to take action and not sit back and wait for things to happen
- Traditional investments such as stocks and bonds have high risk
- Different tax strategies
- Effort and persistence can change one’s mindset
[12:48 - 34:24] Focus On Your Business To Achieve Financial Independence
- Focusing on their business to wealth as the business
- His goal is freedom and financial independence
- Convert ordinary tax rates to capital gains rates
- Depreciation recapture, which limits the amount of taxes paid on profits from selling real estate
- Having a diversified approach to your business
- Being active and putting effort into your pursuit to achieve financial freedom
[34:24 - 38:02] Closing Segment
- Keith shares his advice on how to achieve success in real estate, whether you are just starting out or are already established in the industry
- See the links below to connect with Keith!
Quotes:
"I don't do tax preparation anymore, but I love to talk tax strategy and connect people with other tax strategies who can help implement.” - Keith Blackborg
"When everybody's working together on the same team to grow your wealth." - Keith Blackborg
"Business is the great way to grow wealth quickly." - Keith Blackborg
Connect with Keith through LinkedIn & Facebook!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
I Help People Build Wealth And 10X THEIR MONEY By Establishing Multiple Income Streams Through Multi-Family Real Estate Investments.
Our blueprint to financial freedom is streamlined so you can get going in multifamily commercial real estate investments fast.
Here's how:
STEP 1
Join
Start by joining the 5 Talents Investor Club. A community of people just like you who are looking to grow their wealth and achieve their financial freedom.
STEP 2
Learn
Once you join, we'll take some time to learn about you and our goals and share resources that will help you in your investment journey.
STEP 3
Invest
We'll help you invest passively in multifamily real estate together in a group so you can create passive income and grow your wealth.
STEP 4
Relax
Every investment builds additional streams of passive income, getting you one step closer to financial freedom.
Support the show
Mr. Burns is in a senior leadership role for a 1031 Qualified Intermediary - Investors 1031 Exchange. He is an experienced commercial real estate executive who has served on the investment committees of several real estate development firms throughout his career. Currently very focused on growing the 1031 exchange business, he can offer unique insights to clients and strategic partners as he has been involved in over one billion dollars of real estate development and acquisitions across 64 real estate investment projects (or funds). He has directly raised over $650M in equity for various real estate projects and was instrumental in successfully issuing $180M of debt on the Tel Aviv Stock Exchange. He is an analyst at heart and currently serves as the President of Investors 1031 Exchange.
[00:00 - 08:51] Opening Segment
- Introducing Brandon to the show!
- He talks about how he left his previous job to join a new development firm
- Arbitrages opportunities in real estate
[08:52- 21:02] The Importance of Finding Your Personal Fulfillment
- Brandon says that it is important to find a job or profession that fulfills your personal desires
- The importance of specialization and personal fulfillment
- How he learned to be more successful through experience and time
- He advises listeners to rank their strengths and passions
- Find a job or profession that puts them in their strongest areas
[21:03 - 40:28] Making Money From Real Estate With 1031 Exchange
- Brandon discusses the 1031 exchange
- Benefits of a 1031 exchange
- Four major huddles that the IRS has put in place
- Wealth aggregation or wealth preservation
[40:29 - 42:22] Closing Segment
- Brandon's insights on wealth creation and preservation, focusing on industrial real estate as a great place to be in the current market cycle
- See the links below to connect with Brandon!
Quotes:
"There's so many different ways to win in real estate.” - Brandon Burns
"I think if you can have a work situation that checks personal fulfillment boxes that's where you win." - Brandon Burns
"Real estate is a good answer for wealth aggregation and wealth preservation." - Brandon Burns
Connect with Brandon through LinkedIn,!
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
I Help People Build Wealth And 10X THEIR MONEY By Establishing Multiple Income Streams Through Multi-Family Real Estate Investments.
Our blueprint to financial freedom is streamlined so you can get going in multifamily commercial real estate investments fast.
Here's how:
STEP 1
Join
Start by joining the 5 Talents Investor Club. A community of people just like you who are looking to grow their wealth and achieve their financial freedom.
STEP 2
Learn
Once you join, we'll take some time to learn about you and our goals and share resources that will help you in your investment journey.
STEP 3
Invest
We'll help you invest passively in multifamily real estate together in a group so you can create passive income and grow your wealth.
STEP 4
Relax
Every investment builds additional streams of passive income, getting you one step closer to financial freedom.
Support the show
After realizing that the could become his own bank and start building wealth. M.C. Laubscher, is an Entrepreneur and Investor, he is also the founder of Cashflow Ninja and the creator and host of the top-rated business and investing podcasts, Cashflow Ninja & Cashflow Investing Secrets. The importance of starting small with solid fundamentals, followed by continuous growth and ultimate success. He recommends that those interested in learning more about this topic visit his website, https://accountableequity.com/!
[00:00 - 08:27] Opening Segment
- Introducing M. C. to the show!
- He recommends, “Rich Dad, Poor Dad by Robert Kiyosaki”
[08:28 - 17:17] Leverage The Power Of Community
- M. C. invites listeners to his podcast, “Cash Flow Ninja “
- Leverage the power of community
- Different ways in which business owners and investors can position capital
- Benefits of using life insurance
[17:18 - 20:21] Capitalize On Isometric Opportunities
- M. C. discusses the importance of having liquidity
- Diversified income stream
- Guidelines for being a real estate professional
- Capitalize on isometric opportunities
- The current economic conditions and how they will affect investors
[33:45 - 46:48] Closing Segment
- M. C. advises how to position oneself for opportunities in tough economic times
- See the links below to connect with M. C.!
Quotes:
"I always try to simplify things for myself.." - M.C. Laubscher
"The core principle here for investors is what situations are there, where I can position myself which is going to benefit from all of these distortions and capitalize on it." - M.C. Laubscher
"Fortunes are made is in tough economic environments." - M.C. Laubscher
Connect with M.C. through LinkedIn, Facebook , Podcast, or visit his company at https://accountableequity.com/ !
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
I Help People Build Wealth And 10X THEIR MONEY By Establishing Multiple Income Streams Through Multi-Family Real Estate Investments.
Our blueprint to financial freedom is streamlined so you can get going in multifamily commercial real estate investments fast.
Here's how:
STEP 1
Join
Start by joining the 5 Talents Investor Club. A community of people just like you who are looking to grow their wealth and achieve their financial freedom.
STEP 2
Learn
Once you join, we'll take some time to learn about you and our goals and share resources that will help you in your investment journey.
STEP 3
Invest
We'll help you invest passively in multifamily real estate together in a group so you can create passive income and grow your wealth.
STEP 4
Relax
Every investment builds additional streams of passive income, getting you one step closer to financial freedom.
Support the show
If you’re one of those individuals that’s trying to figure out how to unlock the magic entity structure of a business entity and how it involves your business and your taxes. Tony Watson, an active real estate investor and entrepreneur with over a decade and a half of experience. Tony along his team at Robert Hall & Associates, actively look for the newest and most up-to-date strategies to implement on client tax filings. Tony talks about the importance of engaging in services under circular two thirty which is a rule book that tax preparers must follow if you’re interested in learning more about these or any other strategies for tax savings.
[00:00 - 08:27] Opening Segment
- Introducing Tony to the show
- He sees the current real estate market as an opportunity to build wealth on appreciation side
[08:28 - 17:17] The Wealthy 1% Diversify Their Investments
- The wealthy are often diversified in their investments
- Tax planning is important for the wealthy
[17:18 - 20:21] Have a Professional Advisor Help You Guide You Through Opportunities
- The older generation of individuals who are already in retirement have a unique opportunity to claim themselves as any kind of status for employment, including being a real estate professional
- Opportunities are different for each taxpayer
[20:22 - 33:44] Diversification is Key To Protecting Your Wealth In Real Estate
- Diversification is key to protecting your wealth in real estate
- The specific guidelines for being a real estate professional
[33:45 - 46:48] Closing Segment
- Tax advisors can help business owners and real estate investors save money by accelerating deductions and reducing taxes owed.
- See the links below to connect with Tony!
Quotes:
"Diversification is key... You got to build a team for yourself, you have to build a team of real estate professionals." - Tony Watson
"The one consistent investment at that level of income is real estate." - Tony Watson
"When you invest in syndications, you don't always need an LLC, but what you probably want to have in place, are legacy assets." - Tony Watson
Connect with Tony through LinkedIn, or visit his company at https://www.roberthalltaxes.com/
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
I Help People Build Wealth And 10X THEIR MONEY By Establishing Multiple Income Streams Through Multi-Family Real Estate Investments.
Our blueprint to financial freedom is streamlined so you can get going in multifamily commercial real estate investments fast.
Here's how:
STEP 1
Join
Start by joining the 5 Talents Investor Club. A community of people just like you who are looking to grow their wealth and achieve their financial freedom.
STEP 2
Learn
Once you join, we'll take some time to learn about you and our goals and share resources that will help you in your investment journey.
STEP 3
Invest
We'll help you invest passively in multifamily real estate together in a group so you can create passive income and grow your wealth.
STEP 4
Relax
Every investment builds additional streams of passive income, getting you one step closer to financial freedom.
Support the show
Brian Eastman, a financial advisor who specializes in self-directed retirement plans has transitioned from working in corporate America to starting his own real estate business. He discusses the risks and challenges when starting his business and how he was able to overcome them by taking calculated risks and focusing on the right opportunities. They also discuss the importance of retirement planning and how to make the most of your 401k. Brian stresses the importance of diversifying one's investment portfolio across many different types of investments to mitigate risk.
Brian Eastman is a principal and Sr. Consultant at Safeguard Advisors, LLC, a Self-Directed
Retirement Plan provider headquartered in Boulder, Colorado. Mr. Eastman has personally worked with thousands of independent investors over the years and has a deep understanding not only of the tax framework that governs self-directed retirement plans but how to use such plans successfully in a variety of real estate and alternative asset investment types.
[00:01 - 14:10] Opening Segment
- Introducing Brian to the show
- Brief background and career
[14:11 - 21:08] 401k: How to maximize your return
- Why people in their twenties should be investing in 401k
- The average returns for commercial real estate
[21:09 - 35:22] How to Retire Safely with an IRA
- Brian shares his experiences with commercial real estate, cryptocurrency, and blockchain
- Brian recommends a diversified retirement plan that is IRA-based and offers a checkbook control option
- Brian also recommends investing in physical metals, through a self-directed IRA or 401k
[35:23 - 42:10] How to Build Wealth with Private Equity Experts
- A solo 401k: An IRA on steroids
- Has a much higher contribution limit
- The 401k form of trust is run by the listener as the trustee, and there is no third-party administrator
[42:10 - 43:09] Closing Segment
- See the links below to connect with Brian
Quotes:
"Most commercial real estate investments don't hit home runs. They don't get that 30% return if you were an initial investor in some cool startup which you can see in the stock market but they also don't tend to crater out when the news cycle happens bad.” - Brian Eastman
Connect with Brian through LinkedIn, or email him at brian.e@ira123.com.
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Support the show
Most people think that the measure of intelligence is only through the ability to solve problems and reason. But Phil Johnson, executive coach, and author; is here with us today to show us that emotional intelligence is equally as important. Phil specializes in helping people develop their EQ, which is needed in this fast and ever-growing industry. The development of emotional intelligence can help an individual better navigate through difficult situations and achieve their desired results. Phil will show us why it is the best solution to the challenges we face in today's world and will show us how to do it as simply as breathing.
[00:00 - 08:23] Opening Segment
- Introducing Phil to the show
- Emotional intelligence’s impact on one’s life and career
[08:24 - 17:32] Turning Challenges into Opportunities
- Being driven by passion, not pain
- Emotional intelligence is going to become a multi-trillion dollar industry
[17:32 - 25:58] Bet on Yourself and Develop Your Emotional Intelligence
- The forces that urge people to be distracted and worry
- Having a deeper, more trusted relationships
- Betting on yourself emotionally will lead to a higher level of consciousness
[25:58 - 33:35] How to Become a Better Investor
- Emotional intelligence is an experiential process
- Emotional intelligence is a journey that always has an exponential return on investment
- Breathing techniques that can alleviate anxiety
[33:36 - 36:01] Closing Segment
- See the links below to connect with Phil!
Quotes:
"We're only actually conscious about three to 5% of the time. The rest of the time we're relying on our unconscious habits to generate our behavior and our results." - Phil Johnson
"When you're consumed by fear you're no longer conscious you're in reactive mode. You're no longer looking to be creative. You're no longer looking for the opportunities that the challenges may create. You're in survival mode." - Phil Johnson
"The person most present in this moment is the most influential." - Phil Johnson
Connect with Phil through LinkedIn, or email him at philjohnson@bell.net.
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show
Garrett Griffin from Legacy Tax Strategies, LLC shares some aspects of real estate planning. Garrett specializes in helping clients defer capital gains taxes on the sale of assets, which can help increase wealth over time. He also discusses deferred sales trusts, an estate planning strategy often used by the wealthy. He breaks down the benefits of using a DST, including deferring taxes, protecting the asset, and maintaining liquidity. Garrett shares his experience in helping people structure DSTs to maximize tax efficiency. He outlines some common pitfalls to avoid, such as overpaying for the trust and having enough assets to cover the cost of the trust. Finally, Garrett discusses how to use DSTs and other wealth strategies to help clients build long-term wealth.
[00:01 - 15:36] Opening Segment
- Introducing Garrett to the show
- Estate planning, asset protection planning, business planning, and tax planning
[15:37 - 26:24] The Tax Engineering Component and Typical Client Base
- How to reduce taxes through tax engineering
- Garret shares his typical client range
[26:25 - 42:26] Deferred Sales Trust
- Saving on taxes by using a deferred sales trust
- The trust is a completely standalone vehicle that is created by the trustee
- The trust is going to purchase the asset from the seller
- The note holder does not have to pay the tax until the note matures
[42:27 - 51:35] How to Leverage Seller Finance Deals with a Trust
- There is no prepayment penalty in private seller finance deals, which can make it easier for the seller to take on the risk
- How the deferred sales trust can be used as an alternative to a 1031 exchange
[51:36 - 58:34] Closing Segment
- Every transaction is structured differently
- See the links below to connect with Garrett
Quote/s:
"What differentiates revenue? I would say from a particular strategy, they use life insurance very well. And it's a layering of strategies. It's not one silver magic bullet that's doing it all."
I Help People Build Wealth And 10X THEIR MONEY By Establishing Multiple Income Streams Through Multi-Family Real Estate Investments.
Our blueprint to financial freedom is streamlined so you can get going in multifamily commercial real estate investments fast.
Here's how:
STEP 1
Join
Start by joining the 5 Talents Investor Club. A community of people just like you who are looking to grow their wealth and achieve their financial freedom.
STEP 2
Learn
Once you join, we'll take some time to learn about you and our goals and share resources that will help you in your investment journey.
STEP 3
Invest
We'll help you invest passively in multifamily real estate together in a group so you can create passive income and grow your wealth.
STEP 4
Relax
Every investment builds additional streams of passive income, getting you one step closer to financial freedom.
Connect with Garrett through LinkedIn, or visit www.legacytaxstrategies.com. Email him at garrett@legacytaxstrategies.com.
Connect with me:
www.5talents.capital
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show
If you're interested in becoming financially independent, this is an episode you won't want to miss. Hunter Thompson is a successful real estate investor, author, and speaker. He has helped hundreds of investors achieve their financial goals. He believes that everyone can become successful in investing, and he offers advice and tips on how to do so. He is not interested in any one specific asset class, but rather believes that any investment can be profitable if done correctly.
Hunter Thompson is the managing principal at Asym Capital. With a background in economics, Hunter has a holistic approach when analyzing real estate data. He’s also a member of the Forbes Real Estate Council, as well as the host of the podcast “Cashflow Connection”.
[00:01 - 08:34] Opening Segment
- Welcoming Hunter to the show
- Capital allocation, wealth preservation, and passive investing
[08:35 - 18:20] Capital Allocation and the Turbulent Economy
- Whatever business you're in, you can place capital in the right specific set
- Constantly seeking yield and figuring out the best earnings ratio
- How to build an efficient family office
- Has an infrastructure that helps manage finances, philanthropy, and other investments
- Economic turbulence: increasing interest rates and inflationary pressures
[18:21 - 27:00] Why the Yield Curve is a Predictor of Recessions
- Yield curves slope up and to the right, meaning the further you go out on the X-axis, the higher the return would be
- An economic phenomenon takes place sometimes where people believe that there's so much risk in the short term that people kind of exit the short term bonds
- How to beat inflation with real estate
- Inflation: The rich get richer and the poor get poorer
- Real estate is a great way to beat inflation
[27:01 - 32:10] Tax-Deferred Sales Trusts and Investing
- The equity multiplier can be increased by inflation and by the debt piece
- The importance of economic data
- Having a competitive edge in the market
- Advice on how to best allocate capital to achieve the best returns
[35:55 - 37:27] Closing Segment
- Connect with Hunter with the links below
- Final words
Quotes:
"inflation is the game where the rich get richer and the poor get poorer." - Hunter Thompson
"It's really easy to keep your schedule empty if you don't have any useful skills." - Hunter Thompson
"Inflation is a massive tailwind to real estate for three main reasons. There's kind of a separation between equity markets, prices of valuations of assets, and consumer prices." - Hunter Thompson
You can connect with Hunter through LinkedIn and Instagram.
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show
Clint Coons is one the founding partners of Anderson, a legal business and tax advising firm that helps real estate investors protect their assets. Clint is an asset protection expert and has helped many real estate investors structure their businesses to be more successful. In this episode, Clint discusses how he's done well in real estate investing by starting out small, growing his business, and using cost segregation, accelerated depreciation, syndication, passive investing, and capital gains distributions to pay for taxes or defer taxes. He also discusses how team building, teamworking, and a focus on the return on investment are key to success in real estate investing.
Key Highlights:
[00:00 - 06:16] Opening Segment
- Let's get to know Clint Coons
- Diversification as a new asset class of investing
- Narrowing one's focus in order to succeed
[06:16 - 14:34] Investment Strategies
- Save your time and money through entity structuring
- Time is better spent on activities that have a higher value
- Stick to what you're good at and hire professionals for what you're not
- The importance of having a well-rounded financial plan
[14:34 - 22:20] Leveraging Opportunities and Setting the Right Mindset
- The importance of planning ahead
- Having a preservation mindset and not being afraid to invest
- Having a corporation
- Setting up LLCs to funnel income from properties
[22:20 - 35:10] Cost Segregation and Other Ways to Deal with Roadblocks
- Following someone who's already done what you want to do
- Looking at different strategies and legal approaches
- Reducing the cost of purchase or renovation through cost segregation
- Partial asset disposition
[35:11 - 43:14] Closing Segment
- Biggest mistakes that people do
- Connect with Clint with the links below
- Final words
Invest back into yourself by joining Clint's free bi-weekly virtual event! Visit aba.link/5tcre to know more.
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Quotes:
"You don't want to be the smartest person in the room. If you are the smartest person in the room, then go to the other room, because those are the individuals that are going to teach you." - Clint Coons
"you should hire professionals to do what they're good at, and you should stick to doing what you're good at, and you're going to find you're going to make more money." - Clint Coons
"When opportunities come my way, my first question is, what is it going to do for me?" - Clint Coons
Support the show
Our special guest for today is Brian Head. He is the Founder of Head Start Equity, a real estate private equity firm that provides passive investment opportunities in primarily value-add multifamily properties.
At Head Start Equity, our passion is to make people aware of the benefits of investing in these types of assets. We pride ourselves on bringing great investment opportunities to our partners. We are with them every step of the way through their apartment investing journey. In addition to helping and guiding our partners, one of our priorities is helping others. One in eight women will experience breast cancer sometime in their lives. This has touched many families, including ours. One small way our company tries to help is to donate a portion of our profits to breast cancer research.
Brian has 20 years of experience investing in real estate and is currently invested in 1,083 units. He earned his BBA degree in Finance from UTSA and has worked in the financial services industry for nearly 24 years. He resides in San Antonio with his beautiful wife and two wonderful daughters. He enjoys spending time with his family and watching and playing sports.
Listen to Brian and learn from the Mad Scientist of Multifamily!
[00:01 - 07:31] Opening Segment
- Watch out for new content ahead
- Brian Head from the W-2 to investing in 1,200+ doors
[07:32 - 19:36] The Grind of the Corporate World and Real Estate
- Self-starter perks and the winning mindset
- Recognizing the scalability of multifamily over single family
- How real estate reduces the anxiety induced by volatility
[19:37 - 29:59] Paradigm Shift to Passive Investing
- Looking at the long-term game and diversification
- Planting the seeds and taking advantage of tax benefits
- The power of self-education and attracting opportunities
[30:00 - 38:56] Get Started With Earning Passively
- How real estate has an upper hand in tax benefits
- The differences between active and passive income
[38:57 - 41:15] Closing Segment
- Connect with Brian
- Links below
- Final words from Brian and me
Tweetable Quotes:
“The reason I got into multifamily was because it's a little bit more scalable...than the single-family.” - Brian Head
“Some people can't handle volatility, and so they'll get out at the wrong time. With real estate, specifically, our kind of deals, we're not selling tomorrow, we're not selling in a year from now. Probably going to be a few years, right? So you have some comfort in that knowing that, you know, we're not going to be worried so much about the day-to-day fluctuations and valuations and all that stuff. It's a longer-term game.” - Brian Head
Follow Brian on LinkedIn or check out Head Start Equity to check out passive investment opportunities in primarily value-add multifamily properties!
Guest email: brian@headstartequity.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
Our special guest for today is the “Mad Scientist of Multifamily,” Neal Bawa. Neal is Chief Executive Officer (CEO) and Founder at Grocapitus, a commercial real estate investment company. Neal sources, negotiates and acquires Commercial properties across the U.S., for nearly 500 investors. Current portfolio over 2000 units, projected to be at 3000 units in 12 months.
Neal also serves as CEO at MultifamilyU, an apartment investing education company. He speaks at events & meetups across the country. Nearly 5,000 students attend his multifamily webinar series each year and hundreds attend his Magic of Multifamily bootcamps. Neal is the co-founder of the MultifamilyU Investing Meetup network, a group of investors that has over 4,000 members.
In 2019, Neal's team is sourcing hundreds of Opportunity Zone projects in the U.S., and filtering them by OZ quality to bring them to our investors.
Listen to Neal and learn from the Mad Scientist of Multifamily!
[00:01 - 06:10] Opening Segment
- Let’s get to know Neal Bawa
- Neal talks about his journey to multifamily investing
[06:11 - 16:14] The “Super Value Add”
- Neal reveals his secrets in looking for deals
- Why no one does a “super value add”
- Here’s how to leverage a class that Neal has invented
[16:15 - 26:00] Correlation Between Interest Rates and Cap Rates
- Don’t miss Neal’s outlook in the real estate space!
- Liquidity and money are not the same things
- Here’s an important information that you learn now
[26:01 - 36:15] Built to Rent and Multifamily
- The 3 different sources that inject money into real estate
- Why many people love office investments
- Neal weighs in between “built to rent” and multifamily
[36:16- 44:11] Exit Strategy for Real Estate
- Why Neal remains bullish on real estate despite the recent trends
- Neal is positioning himself for an exit in real estate
- Here’s why
- When to anticipate the downturn in real estate
[44:12 - 47:17] Closing Segment
- Connect with Neal
- Links below
- Final words from Neal and me
Tweetable Quotes:
“[Built to rent] is by far the largest investment. No other investment landscape has seen anything like this.” - Neal Bawa
“We always tell people when it comes to investing, take it slow, make sure that the people you’re investing with...your philosophy agrees with theirs.” - Neal Bawa
Resources mentioned:
- Ivy Zelman
- Multifamily University
Follow Neal on LinkedIn or check out Grocapitus Investments to apply advanced data-driven strategies that generate dependable passive income investing in tax-advantaged commercial real estate!
Guest email: neal@grocapitus.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
Mike Morawski is a 30-year real estate veteran managing over $285 million in transactions and syndications. After spending some years in federal prison, he decided to regain control of his life and found himself later on coaching real estate investors on multifamily investing. He can be heard regularly in his podcast, Insider Secrets, that features industry experts who share valuable advice and insights about multifamily investing.
Listen to Mike and learn from a real estate superstar!
[00:01 - 06:29] Opening Segment
- Let’s get to know Mike Morawski
- When Mike realized that he needed to syndicate deals
[06:30 - 16:33] Scaling a Real Estate Business
- How a newspaper ad brought Mike over $250M
- Mike shares his secret to scaling his business
- The “crazy part” of raising capital so quickly
[16:34 - 26:00] Mike’s Road to Redemption
- Mike shares his experience inside the federal prison
- How a random gym visit changed his life
- Mike talks about his personal mission after getting out of prison
[26:01 - 36:55] Giving Back to the Society
- If given the chance to start over again, would Mike do it?
- Listen to his thoughts
- How Mike is planning to give back to the society
- Pay attention to acquiring wisdom while you’re young
- Mike tells us why
[36:56- 47:53] How to Protect Your Assets
- If you think you’re doing something right, you have to think again
- Is there a better structure to protect your assets?
- Identify the right partners with these tips from Mike
[47:54 - 50:48] Closing Segment
- Connect with Mike
- Links below
- Final words from Mike and me
Tweetable Quotes:
“If you feel that there is a problem, then take care of it immediately. Don’t wait.” - Mike Morawski
“You have to do things that you wouldn’t normally do.” - Mike Morawski
Resources mentioned:
- Book: The Millionaire Real Estate Investor
Follow Mike on LinkedIn, Facebook, and Instagram or check out My Core Intentions to get trained and coached by multifamily experts!
Listen to Mike on his podcast, Insider Secrets.
- Download Mike’s FREE ebook, Exit Plan
Guest email: info@MyCoreIntentions.com and michaelrecoach@gmail.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
Our amazing guest for our Weekly Wednesday is Michael Payne, a multifamily insurance specialist at Pathfinder/LL&D Insurance Group. Michael’s team focuses on multifamily properties and commercial real estate, spending all their time to maintain and expand their expertise in the industry. He will join us today to talk about insurance and how to find the right coverage for your properties. Michael also shares some interesting insights about the future of multifamily investing.
Listen to Michael and learn more about insurance in real estate!
[00:01 - 06:51] Opening Segment
- Let’s get to know Michael Payne
- How Michael is helping clients navigate this “very difficult market”
[06:52 - 13:01] What’s Happening in the Insurance Space?
- The current situation of the insurance side in real estate
- Michael shares his insights
- Here’s why insurance rates are going up right now
[13:02 - 21:11] Be Bullish in Multifamily
- What to expect from insurance providers today
- Here’s a piece of advice from Michael that you should not miss!
- Be mindful of the numbers and here’s why
- Why he is bullish about multifamily investing
[21:12 - 25:11] Closing Segment
- Connect with Michael
- Links below
- Final words from Michael and me
Tweetable Quotes:
“When you look at the numbers that myself or a competitor gives you, be very intentional...” - Michael Payne
“I think that if your investors’ expectations are set appropriately, the sky’s the limit on multifamily.” - Michael Payne
Follow Michael on LinkedIn and check out Pathfinder/LL&D Insurance Group to discover field-tested insurance solutions!
Guest email: mpayne@pathfinderins.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
Kenny Wolfe co-founded Wolfe Investments (originally Wolfe RE Management) in 2012 only a few years after he started investing in multifamily real estate. Since then, he’s been involved in more than $130 million worth of commercial real estate transactions throughout Texas, Colorado, Louisiana, Oklahoma, and Ohio. His passion is to ensure the success of all the investments of his loyal investors. He previously served as Chief Financial Officer for Twin Cities Development, LP.
He owns a BBA from Baylor University and an MBA from the University of Texas at Arlington. When he's not scouting for new deals, he enjoys discovering new vegan restaurants, rooting on the Broncos, and spending time with his wife and kids.
Listen to Kenny and know more about finding deals as new real estate investors!
[00:01 - 05:27] Opening Segment
- Let’s get to know Kenny Wolfe
- His road to multifamily investing
[05:28 - 15:04] Syndicating Deals
- Kenny talks about their diversification strategies
- How to raise $80 million for 5,000 doors
- He gives a few tips for investors who want to syndicate deals
[15:05 - 25:34] Real Estate Investing Under the Pandemic
- Kenny gives us a sneak peek of their usual deal structures
- Here’s a strategy from Kenny to invest under the COVID-19 pandemic
- Kenny didn’t ever own a single family property
- He explains why
[25:35 - 32:56] Why Look for Property Managers First
- Kenny gives his recommendations in finding deals
- Why you should look for a property management company
- We talk about double net and triple net assets
[32:57 - 34:09] Closing Segment
- Connect with Kenny
- Links below
- Final words from Kenny and me
Tweetable Quotes:
“In the bigger commercial space, there’s not a lot of true off-market deals.” - Kenny Wolfe
“The first step is really not to find the brokers...the first step is to find the property management companies.” - Kenny Wolfe
Follow Kenny on LinkedIn and YouTube or check out his website to learn how to create a diversified portfolio in real estate!
Guest email: kenny@wolfe-re.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
Yonah Weiss is a lifelong learner and teacher who uses his passion for teaching to support real estate investors in creating powerful tax strategies for their businesses. Known as the #CostSegKing in real estate circles, Yonah is also an advocate for cost segregation that allows investors to grow their businesses by reducing their taxable income and increasing their cash flow. He will reveal in this episode how exactly that works, as well as the things that successful people do that you can apply right now.
Listen to Yonah and know more about cost segregation!
[00:01 - 05:25] Opening Segment
- Let’s get to know Yonah Weiss
- The benefits of cost segregation in real estate
[05:26 - 15:53] Cost Segregation
- Yonah breaks down depreciation and accelerated depreciation
- What investors should realize about tax deductions
- What most successful people do according to Yonah
[15:54 - 25:46] Business Scaling
- How to scale in the real estate business
- What Yonah learned about savvy commercial lenders
- How much depreciation can an investor expect from cost segregation?
[25:47 - 32:41] Value of Depreciation
- How depreciation is set when you buy a property
- When to reach out to Yonah and his firm
- Should you go to your tax advisor first?
- The minimum dollar amount for real estate properties
[32:42 - 34:07] Closing Segment
- Connect with Yonah
- Links below
- Final words from Yonah and me
Tweetable Quotes:
“It’s not about how much these tax deductions you can get. It’s really about how much you can use.” - Yonah Weiss
“When you know what your superpower is, when you know what you’re good at, find team members that are good at the things that you don’t like to do and then you’re not so good at.” - Yonah Weiss
Follow Yonah on LinkedIn and check out Madison SPECS to learn how to create a powerful tax strategy for real estate investors. Visit his personal website to learn more about cost segregation.
Hear from Yonah as he talks with the best in real estate investing, business, and beyond! Play Weiss Advice on your favorite podcast player.
Guest email: yweiss@madisonspecs.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
Peak Financing Chief Executive Officer, Anton Mattli, has decades of experience in commercial and investment banking, private equity, and commercial real estate. After graduating from Zurich Business School in banking and finance, he held senior management positions at major financial institutions in New York, Tokyo, Hong Kong, and Zurich.
During that time, Anton was heading a bank branch, managed cross-border teams, financed and restructured commercial real estate worth several billion U.S. Dollars, and oversaw loan portfolios consisting of aircraft and ocean transport vessels. Anton also directed the structuring of complex cross-border commodity and trade finance transactions for Fortune 500 companies.
Listen to Anton and know why you should talk to loan brokers!
[00:01 - 07:10] Opening Segment
- Let’s get to know Anton Mattli
- Anton talks about the current services of Peak Financing
- Difference between investing alone and syndicating
[07:11 - 17:37] Loan Brokers
- Why would you go to a loan broker?
- The things that a loan broker can bring to a real estate deal
- Problems that investors might encounter according to Anton
[17:38 - 27:46] Normalization of Expenses
- What does Anton mean by “normalizing” expenses?
- A common challenge that brokers and lenders face
- Anton talks about the process of term sheets
[27:47 - 38:18] Lender Interactions
- Asking quotes from multiple lenders
- How to avoid tarnishing your reputation in front of brokers
- The approach to take for stabilized deals according to Anton
[38:19 - 45:47] Market Outlook
- Anton talks about bridge loans and why we should try them
- He gives an interesting outlook about the market in the next 2-3 years
- Anton shares his thoughts on office and retail spaces
[45:48 - 47:05] Closing Segment
- Connect with Anton
- Links below
- Final words from Anton and me
Tweetable Quotes:
“We also need to understand that multifamily is not operating on its own.” - Anton Mattli
“Hospitality is probably the easiest when it comes to affordable housing. Their conversions have already taken place.” - Anton Mattli
Resources mentioned:
- Brad Sumrok
Follow Anton on LinkedIn, Facebook, and Twitter and check out Peak Financing to find the best financing for your multifamily and other commercial real estate properties.
Guest email: anton@peakfinancing.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
In the early 2000s, Michael Ealy lost everything: his car wash business, rental properties, and even his own home. He had to go back and live with his parents at 30 years old while having to wake up every single day broke and with bad credit. He had no choice but to get creative and hustle hard, which made him financially independent just four years later.
Michael reveals the secrets that helped him to bounce back in life within a few years in his book, “From Broke to Millions.” Today, he owns more than 1,000 apartment units, 45 rental properties, an industrial warehouse and a hotel.
Listen to Mike and learn how to go from broke to millionaire!
[00:01 - 06:40] Opening Segment
- I introduce and welcome Mike Ealy
- What’s Mike doing right now in his real estate career?
[06:41 - 16:39] An Expensive Mistake That Brought Success
- Why Mike is investing in multifamily real estate
- How long should you hold on to your properties?
- Michael gives his take
- Losing $400,000 propelled him to success
- Listen to Mike’s story
[16:40 - 26:36] Going From Broke to Millions
- What real estate investors can learn from Michael’s experience
- Why you should treat other people the way you want to be treated
- Mike gives an interesting insight about retail strips
[26:37 - 36:27] Creative Ways to Earn Money
- Mike shares his personal experience about investing in hotels
- How to access private wealth and sovereign wealth funds
- Mike reveals the strategies he followed to bounce back from this major life challenge
[36:28 - 44:18] Closing Segment
- Connect with Mike
- Links below
- Final words from Mike and me
Tweetable Quotes:
“Always try to hold on to your assets as long as possible. That’s how you get your real wealth.” - Mike Ealy
“Treat others how you want to be treated.” - Mike Ealy
Resources mentioned:
- Facebook Group: Apartment Investing Secrets
Follow Michael on Facebook, LinkedIn and Instagram or check out Nassau Investments to start your investment journey!
GRAB a copy of Mike’s book, “From Broke to Millions!”
Guest email: mike@nassauinvest.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Dan Lewkowicz is a real estate veteran with over 15 years of experience in many aspects of real estate. Starting his career “house hacking,” Dan quickly moved on to flip houses in and around metro Detroit and eventually built a company called Renaissance Real Estate Ventures, which specializes in the acquisition, financing, renovation, and resale of single-family residential properties in the booming city of Detroit, Michigan.
Currently, Dan is Director of Investment Sales at Encore Real Estate Investment Services, specializing in shopping centers, medical office buildings, industrial fulfillment centers, quick service restaurants and automotive repair and parts stores. Today, he will talk about his unique selling proposition as a broker and the things investors need to know about net lease investments.
Listen to Dan and learn more about net lease investments!
[00:01 - 05:23] Opening Segment
- I introduce and welcome Dan Lewkowicz
- Dan talks about the role of Net Lease Investment Sales Brokers
[05:24 - 15:05] Insights About Net Lease Investments
- What you will learn from Dan’s CRE Pro Course
- Course link below
- Dan gives us a sneak peek about his impressive portfolio
- He shares some insider tips for real estate brokers
- Connect with Dan
- Links below
[15:06 - 27:02] A Broker’s Connection Tactics in 2021
- Here’s a big part of working as a real estate broker
- Dan’s efficient model in providing value to his target audience
- He shares his recent discovery in creating content in social media
- The exact words that Dan uses to reach out to prospects
[27:03 - 33:34] Closing Segment
- The investments that a broker should be ready to make
- 2021 is the Year of Opportunity
- Dan tells us why
- Final words from Dan and me
Tweetable Quotes:
“If you’re an investor and you have a property, now is the time to find out what it’s worth.” - Dan Lewkowicz
“Provide value and everything else follows.” - Dan Lewkowicz
Resources mentioned:
- Rackspace
Call 248.943.2838 to reach out to Dan or follow him on LinkedIn and Instagram. Check out Encore Real Estate Investment Services to get assistance in acquiring and disposing net leased and multi-tenant retail properties across the country!
Are you just starting out as a real estate agent or broker? Enroll now in the CRE Pro Course and access the courses 24/7!
Guest email: Dlewk@encorereis.com or dandiamondman@gmail.com
Connect with me:
https://www.5tcre.com/
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Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Our awesome guest for today is David Lagat, Chief Executive Officer and Principal of Bella Asset Management. David’s team focuses on acquiring and managing opportunistic and value-add multifamily properties, specializing in repositioning well-located assets in emerging markets. He owns an impressive portfolio in real estate, acquiring over 4,000 units without syndicating deals. David also talks about his journey coming to the United States, proving once again that this country is the Land of Opportunity.
Listen to David and buy properties without syndication!
[00:01 - 05:20] Opening Segment
- I introduce and welcome David Lagat
- How many doors did he close without syndication?
[05:21 - 10:33] From Single Family to Multifamily
- David shares his humble beginnings in real estate
- He gives us a sneak peek of his daily life in the real estate industry
- Ge drops a few tips to grow your real estate team the right way
[10:34 - 20:03] Capital-Raising Tips
- David shares his reasons for investing in real estate
- He only came in the US to have a college diploma
- Why he decided to stay here
- David shares his secrets in raising capital for his deals
[20:04 - 30:44] Buying Properties Without Syndication
- David shares his thoughts about using social media
- What’s next for David?
- He shares his short-term and medium-term goals
- Why syndications would have kept him from buying 4,000 units
[30:45 - 37:57] Closing Segment
- David’s mindset that helped him in investing in real estate
- Connect with David
- Links below
- Final words from David and me
Tweetable Quotes:
“To me, I looked at being from a different place, different country, as an advantage.” - David Lagat
“If I want to say anything about regrets, it’s that I didn’t buy enough properties that I should have bought.” - David Lagat
Connect with David on LinkedIn or check out Bella Asset Management to work with a leading management and investment company!
Guest email: david@bellasrealtygroup.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Our awesome guest for today is Marques Ogden, a keynote speaker, business coach, and corporate consultant who offers a unique approach to bring your success to the next level. He played in the NFL for a few years before embarking on a journey that led him to be one of the most sought-after speakers and consultants in the world. Whatever he went through in between though is something he does not want other people to experience.
Marques drops by to our podcast to talk about the 3 keys to outpace your competition and share practical tips to avoid getting burned out while achieving your goals--whether you’re in or out of the real estate space.
Listen to Marques and build trust with your client base faster than the competition!
[00:01 - 05:47] Opening Segment
- I introduce and welcome Marques Ogden
- Why Marques is a great mentor for me as a real estate investor
[05:48 - 15:40] From Athlete to Coach
- Marques talks about his transition from the NFL to real estate
- Develop your superstrong mindset with these tips from Marques!
- How to outpace your competitors
- What does “outpace” mean?
[15:41 - 25:33] Avoid Burnout While Achieving Your Goals
- Most people fail to get to their destination because of this mistake
- Create “incoming traffic-bound opportunities” with this advice from Marques
- The most common limiting belief that Marques encounters
[25:34 - 31:52] “You Are Good Enough”
- Recognize that you are good enough to start something new
- How to overcome your fears according to Marques
- Here’s why you need a mentor who’s been through what you want to go through
[31:53 - 33:24] Closing Segment
- Don’t miss these words of wisdom from Marques!
- Connect with Marques
- Links below
- Final words from Marques and me
Tweetable Quotes:
“If you’re not excited about what you’re doing, people are gonna see right through you.” - Marques Ogden
“Focus on what you need to do and the task at hand.” - Marques Ogden
Follow Marques on LinkedIn, Facebook, Instagram, and Twitter. Check out his personal website to learn more about his work.
Guest email: marques_ogden@yahoo.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
Ben’s entrepreneurial journey has been running for 15 years, touching on IT, business development, and management. His experience in management, as well as in sales, has helped him land a successful career in real estate, where he has acquired and managed 12 large multifamily properties that are worth $200 million in total. He has also sold more than 2,500 units. In this episode, Ben will drop a ton of real estate tips particularly on how to syndicate in this industry the right way.
Listen to Ben and learn from a real estate syndication superstar!
[00:01 - 05:31] Opening Segment
- I introduce and welcome Ben Suttles
- Ben talks about the fallacy in real estate investing
[05:32 - 16:00] The Power of Networking
- Ben tells us why we should not focus on numbers alone
- He talks about his experience in networking with people
- The value of cold calling according to Ben
[16:01 - 26:30] What You Can Learn from Your First Deal
- How he brought a 365% return to his investors
- This is what happens when you have an abundance mindset
- Are you new to real estate investing?
- Don’t miss Ben’s words of wisdom for you
[26:31 - 37:00] Authentic Real Estate Relationships
- How does Ben qualify real estate deals?
- Apply this “secret sauce” from Ben to your real estate investing now!
- Cultivating relationships with brokers
[37:01 - 43:23] Closing Segment
- What are reserves for in real estate?
- Connect with Ben
- Links below
- Final words from Ben and me
Tweetable Quotes:
“The fallacy in this business is that you’re gonna retire off one or two deals.” - Ben Suttles
“You have to get into a deal. That’s how you learn in this business.” - Ben Suttles
Resources mentioned:
- Feras Moussa
- Brad Sumrok
- Robert Kiyosaki
------------------------------------------------------------------------------------------
Call 832.264.8052 to reach out to Ben or get in touch with him on LinkedIn and Instagram. Check out Disrupt Equity if you want to generate a strong passive income from multifamily syndications.
Guest email: ben@disruptequity.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Michael Brady has been involved in more than a billion dollars in real estate transactions. His expertise is specifically on 1031 exchanges, which he will discuss in this episode. Michael will talk about how real estate investors can utilize this kind of exchange, the things we can and cannot do with this real estate investing tool, and other valuable tips that can be applied in multifamily investing.
Listen to Michael and learn 1031 exchanges!
[00:01 - 06:50] Opening Segment
- Let’s get to know Michael Brady
- He talks about his journey to real estate investing
- He’s been involved in over a billion dollars in transactions
[06:51 - 18:00] The Reality About 1031 Exchanges
- The problem in real estate that Michael wants to solve
- Michael explains 1031 Exchanges for investors
- He gives us a sneak peek into his daily career as a 1031 exchange expert
[18:01 - 26:06] Beating Tax Laws in 2021
- How to beat tax laws according to Michael
- What you can and cannot do in a 1031 exchange
- What does he mean by making exchanges “old and cold?”
[26:07 - 36:31] How to Get Out of a 1031 Exchange
- Is a short-term “drop and swap” advisable?
- Michael weighs in
- The common way 1031 exchanges are done
- Connect with Michael
- Links below
[36:32 - 42:24] Closing Segment
- The 2 requirements of 1031 exchanges
- Final words from Michael and me
Tweetable Quotes:
“The problem is if you own commercial real estate...when you sell it, the profit is taxed.” - Michael Brady
“There are two requirements for 1031 exchanges. The first is that you have to identify your replacement property within 45 days of the closing of your sale.” - Michael Brady
Resources mentioned:
- Book: Who Not How: The Formula to Achieve Bigger Goals Through Accelerating Teamwork
------------------------------------------------------------------------------------------
Connect with Michael on LinkedIn or check out Madison 1031 to get a perfect 10 in all kinds of exchanges!
Guest email: mbrady@madison1031.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Vinney Chopra came to the United States with only seven dollars in his pocket. Four decades later, he has closed 34 syndications and currently owns over $450 million in his multifamily portfolio. Today, he drops a ton of valuable nuggets to start in real estate the right way, the required attitude and demeanor to help you stay the course, and some outlooks about the industry in the next couple of months.
Listen to Vinney and learn from a real estate superstar!
[00:01 - 07:16] Opening Segment
- I introduce Vinney Chopra
- What asset classes are they looking for right now?
[07:17 - 17:13] Treating People Like Gold
- Vinney shares his experience when he migrated here in the United States
- He tells us why he jumped from single family to multifamily
- Who are the people in real estate who should be treated like gold?
- Vinney shares his thoughts
[17:14 - 26:48] The Real Key to Real Estate Success
- How Vinney plans to achieve $2 billion in real estate
- The secret to go from 1 to 300+ investors
- The real key to be successful in real estate according to Vinney
[26:49- 36:35] Should You Have a Mentor?
- How to create a deal in real estate under COVID circumstances
- If Vinney will start all over again, what would he do?
- Vinney shares an important insight about hiring a mentor
[36:36- 46:03] Real Estate Advice You Should Not Miss
- How excitement and motivation influences relationship-building
- Vinney gives a piece of advice about senior living
- Connect with Vinney
- Links below
[46:04 - 49:13] Closing Segment
- Vinney shares his outlook on real estate
- Final words from Vinney and me
Tweetable Quotes:
“The biggest thing is consistency and your demeanor and your attitude.” - Vinney Chopra
“There will be excellent opportunities coming in the next 6 to 12 months.” - Vinney Chopra
Resources mentioned:
- Books
- The Secret
- The Miracle Morning
- The 7 Habits of Highly Effective People
- The 8th Habit
Connect with Vinney on LinkedIn, Twitter, Facebook, Instagram, and YouTube. Check out his website to learn more about real estate investing!
Guest email: vinney@vinneychopra.com
Grab this FREE book from Vinney: Apartment Syndication Made Easy
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Matthew Tack is the founder and Executive Principal of Northern Saline Inc. (NSI) & Cadence Capital Ventures, a commercial real estate company offering investment opportunities for accredited and non-accredited investors. He drops by in our podcast to talk about his “MSP Method,” which has helped him succeed in the real estate industry.
Matt also discusses the importance of having core values for your business. These values will guide your team through thick and thin and will allow you to attract the right clients. Moreover, these same values can help you pull the right people for your team.
Listen to Matt and apply the MSP method to your life and career!
[00:01 - 05:20] Opening Segment
- Let’s get to know Matt Tack
- He talks about his journey to the real estate industry
[05:21 - 10:28] Transparency is Key
- Why transparency is so important for Matt
- Matt shares an amazing insight about COVID-19 you don’t want to miss!
- The considerations to mitigate risks according to Matt
[10:29 - 20:39] Boosting Value and Generating Larger Returns
- Matt explains how to boost the value of properties and generate larger returns
- What does Matt mean by giving “TLC” to an asset?
- The asset classes that Matt and his team are looking at right now
[20:40 - 30:41] The Right Team For Your Business
- The importance of due diligence in a real estate deal
- Matt gives a sneak peek of his team structure that you can follow too!
- He shares his experience working with a group in the self-storage space
[30:42- 37:12] Core Values To Grow Your Business
- Are you planning to invest with Matt?
- Things to consider
- What you should realize about the risk of not taking action
- Connect with Matt
- Links below
[37:13 - 41:25] Closing Segment
- Matt wraps up this episode by sharing his core values
- Final words from Matt and me
Tweetable Quotes:
“Trust and transparency and honesty are the core values we live by.” - Matt Tack
If I don’t have my mind right, typically I’m not gonna have everything else right.” - Matt Tack
Resources mentioned:
- John Maxwell
------------------------------------------------------------------------------------------
Connect with Matt on LinkedIn and Instagram or contact him at 813-279-8858. Do you want to create equity through forced appreciation and do more with your real estate career? Check out Cadence Capital Ventures now!
- Go to Traction Home Offer to sell your home easily
- Schedule a call with Matt by reserving a timeslot
Guest email: tractionre@gmail.com / mtack@cadencecv.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Keith Blackborg, CPA reached financial freedom within 10 years from his successes as an investor and tax strategist. He began his career at Deloitte, a Big Four International Accounting Firm and later started his own firm serving high net worth real estate investors, including nationally recognized apartment influencers.
He mastered complex tax strategies allowing clients to legally save ~5-10% of their income in taxes each year. His personal investing experience, deep tax knowledge, wide network and breadth of industry expertise allowed him to mentor clients in business, making their whole operation more efficient and profitable.
Listen to Keith to learn advanced wealth and tax strategies for passive investors!
[00:01 - 07:53] Opening Segment
- Let’s get to know Keith Blackborg
- The importance of having a supportive community around you
[07:54 - 12:12] The Best Piece of Advice You Will Hear Today
- Keith shares the story of how he found himself in real estate
- This might be your path too!
- Don’t miss Keith’s best piece of advice
- You can apply it in any industry
- What you should realize about the power of referrals
[12:13 - 17:48] Wealth-Building Tips For You
- Keith tells us about separating work from personal life
- He talks about his mindset shift about building wealth
- Align your vision with your spending
- Here’s why
[17:49- 27:33] Tax Benefits You Should Know Now
- How to build a business that you can sell
- How to get the most out of your 401(k)
- Keith reveals his secrets
- The difference between pre-tax and post-tax
[27:34- 37:45] Manipulating Your Tax Strategy Legally
- Solo 401(k) vs. Self-Directed IRA
- Which should you choose?
- Listen to Keith’s approach on having lower valuations
- How to “legally manipulate” your tax strategy
[37:46 - 45:52] Closing Segment
- Connect with Keith
- Links below
- Tax strategist vs. CPA
- Is there a difference?
- Final words from Keith and me
Tweetable Quotes:
“Look at all the different ways you can add value.” - Keith Blackborg
“I’d rather help you make history than simply record history.” - Keith Blackborg
Resources mentioned:
- Robert Kiyosaki
- Dave Ramsey
- Solo 401k by Nabers Group
Connect with Keith on LinkedIn or walk with him at Financial Journey to start building your wealth!
Guest email: keith@financialjourney.life
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Kristen Tejada is currently a W-2 hustler working as a Technical Product Manager at a Seattle startup. Prior to pivoting into the startup world, she spent 8 years at a Fortune 500 CPG company, working her way up from intern to management in a variety of tech and business operations roles, specializing in eCommerce. She recently started her journey to financial independence through passive real estate investing while building up her consulting side gig and getting licensed as a life insurance producer.
Listen to Kristen to learn the ins and outs of real estate investing in 2021!
[00:01 - 07:22] Opening Segment
- Let’s get to know Kristen Tejada
- Why Kristen is trying to start investing in real estate
[07:23 - 17:42] Why Invest Your Money
- What you will learn from Kristen’s first real estate deal
- Wanting money now vs. waiting for it later
- If you don’t invest your money, this is what will happen to you
[17:43 - 28:59] Relationship-Building Tactics
- What Kristen did with her Self-Directed IRA
- We talk about our outlook about the real estate market today
- Building relationships with syndicators is easy, and here’s how
[29:00- 39:56] The Right People to Invest in Real Estate
- The options available for non-accredited investors
- Why you should be clear with your dreams, desires, and goals
- Choose the people with the right values as yours
- Here’s why
[39:57- 50:50] The 80/20 Rule in Real Estate Context
- The first step in achieving financial independence is taking action
- Kristen shares her reflections
- How to apply the 80/20 Rule in real estate investing
- If you want to share your faith with others, here’s what you need to do
[50:51 - 53:59] Closing Segment
- The magic in being genuinely curious about other people
- Connect with Kristen
- Links below
- Final words from Kristen and me
Tweetable Quotes:
“It’s not about what you have right now. It’s about your potential and where you could go if you start today.” - Kristen Tejada
“I think there is something really magical that happens when you start just actually being curious about other people...” - Kristen Tejada
Resources mentioned:
- Zig Ziglar
- Book: How to win Friends & Influence People
Connect with Kristen on LinkedIn!
Guest email: kristen.tejada1@gmail.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Paul Moore left a lucrative job at Ford Motor Company to co-found a staffing firm, which made him a back-to-back finalist for the Michigan Entrepreneur of the Year. He then started investing in real estate after selling the firm, where he has done more than 85 real estate investments and exits, appeared on HGTV’s House Hunters, rehabbed and managed dozens of rental properties, and developed a subdivision.
He joins us today to talk about his journey as a real estate investor, the strategies that helped him invest over $50 million in just four years, and the mindset shift that has kept him on track to this day.
Listen to Paul to learn the ways to protect and grow your wealth in 2021!
[00:01 - 06:08] Opening Segment
- Let’s get to know Paul Moore
- From engineering to real estate
- Real estate doesn’t have to be hard
- Paul explains
[06:09 - 16:12] Money Will Not Come To You
- What separates billionaires from the others according to Paul
- Here’s a life-changing advice from his mentor you should hear right now
- The mindset shift that Paul took to pursue entrepreneurship
[16:13 - 26:29] The Reality About Passive Investing
- Paul gives a sneak peek of his book, “The Perfect Investment”
- The power of diversification that you should not miss
- Are you a passive investor? Here are Paul’s tips for you
[26:30 - 31:37] The Problem Between Your Ears
- Paul talks about the “problem between his ears”
- He discusses his personal mission to resolve this global issue
- A part of your money goes to this cause when you invest with Paul
[31:38 - 36:35] Closing Segment
- You will work until you die if you don’t follow this advice
- Connect with Paul
- Links below
- Final words from Paul and me
Tweetable Quotes:
“True wealth comes from owning assets that produce cash flow.” - Paul Moore
“Investing is boring…if you want excitement, take 800 dollars and go to Las Vegas.” - Paul Moore
Resources mentioned:
- Special report on self-storage and mobile home park investing
- Paul’s books
- The Perfect Investment
- Storing Up Profits
- Brian Burke’s book: The Hands-Off Investor
------------------------------------------------------------------------------------------
Connect with Paul on LinkedIn, Facebook, and Twitter or check out Wellings Capital to protect and grow your wealth through commercial real estate!
Guest email: paul@wellingscapital.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Our special guest for today is Axel Monsaingeon, a real estate investor, consultant, and podcast host. He is the Founder of Real Estate Effect, where he helps investors find and buy undervalued properties and turn them into investments with massive boosts in equity. He regularly shares his journey in the industry in his podcast, “The Very Real Estate Effect.”
He drops by in our podcast to talk about his journey from the Caribbean to Canada and from the corporate world to the real estate industry, where he realized that multifamily investing is a great source of passive income. Jumping into real estate requires a certain mindset shift that we also talk about in this episode.
Listen to Axel and learn to prep your mindset to achieve success in real estate!
[00:01 - 05:01] Opening Segment
- Let’s get to know Axel Monsaingeon
- He shares his journey from the Caribbean to Canada
[05:02 - 15:26] Support Systems in Real Estate Investing
- Axel talks about the early years of his real estate career
- What Axel do NOT want you to do as a real estate investor
- How he got tired of “scoring big...for someone else”
[15:27 - 25:39] Understanding Levers in Real Estate
- What are levers and why should you learn more about them?
- What passive investors should realize about “other people’s money”
- Assess right now how you spend your time, and here’s why
[25:40 - 35:24] Credibility Building and Capital Raising
- Choose the right partners with this advice
- Building your credibility to raise capital
- Why build your network now
[35:25 - 41:06] Closing Segment
- Where does success lie?
- Connect with Axel
- Links below
- Final words from Axel and me
Tweetable Quotes:
“In the morning, I think of my obstacles and like, ‘I’m gonna find a way...I’m gonna make it work...’ I actually don’t really know if I’m gonna make it work but I’m convincing myself.” - Axel Monsaingeon
“I will not chase. I [will] attract, and what’s meant to be will simply come to me.” - Axel Monsaingeon
Resources mentioned:
- Hunter Thompson
- Whitney Sewell
- Book: The Greatest Salesman in the World
Connect with Axel on LinkedIn, Facebook, and Instagram or check out Real Estate Effect to learn more about his work. Listen to his podcast online and on their social media pages: Facebook and Instagram
Guest email: monaxel@hotmail.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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If you’re following us for quite some time now, you may have noticed the incredible growth that we’re able to achieve on our social media platforms. The truth is that we didn’t do it ourselves. There’s a person behind this growth, and we invited her today to drop some golden nuggets you can apply in your real estate business.
Meet Chonetell Reaume.
Since 2019, she has been helping business owners grow their businesses through social media management, social media consulting, and coaching. Many owners still believe that social media platforms are only for personal content, not realizing that they can be leveraged to connect and build sustainable relationships with their target audience.
Tune in now and learn from Chonetell the ways to grow your business with social media!
[00:01 - 05:21] Opening Segment
- Let’s get to know Chonetell Reaume
- What people should know when they visit your socials
[05:22 - 10:39] Using Social Media For Business Growth
- We talk about the power of social media to expand your reach
- Use social media for your business the right way
- Here’s how
- A beautiful social media page is not enough
[10:40 - 15:03] Engagements in Social Media
- Real estate investors can benefit from leveraging social media
- Listen to our exchange
- How to communicate your purpose and value using social media
- Are you engaging the right people in social media?
[15:04 - 25:51] Where To Post Your Content
- It’s not enough to share about your personal life
- Here’s Chonetell’s advice
- A reliable resource to create content for your social media
- Should you be on all social media platforms?
[25:52 - 30:15] Calling People to Action
- Have your social media platforms work for you
- How to do it?
- The power of the call to action
- Why you should build an email list
[30:16 - 34:24] Closing Segment
- Connect with Chonetell
- Links below
- Final words from Chonetell and me
Tweetable Quotes:
“You just have to know your audience and where your audience is.” - Chonetell Reaume
“We have to have these [social media] platforms work for us, and not us working for these platforms.” - Chonetell Reaume
Resources mentioned
- Canva
Connect with Chonetell on LinkedIn and Instagram or check out Design By Tellie to know more about her work!
Guest email: chonetell@designbytellie.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
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Our awesome guest for today is Lisa Hylton, founder of Lisahylton.com, a real estate investment firm helping entrepreneurs build passive income and wealth through tax-efficient real estate investments. In just 2 short years, she has been able to gift herself the time to focus on building a business that enables her to work with her dream clients.
When she’s not buying real estate, you can find her hiking, paddle boarding, practicing yoga, taking evening walks, swimming, traveling, embarking on wine country getaways, and trying new adventures! Lisa is also the voice behind The Level Up REI Podcast, where she talks about strategies and possibilities that you didn’t know are available for you.
Tune in now and learn from Lisa how to be a savvy passive investor in real estate!
[00:01 - 05:45] Opening Segment
- Let’s get to know Lisa Hylton
- She talks about her journey coming in and leaving real estate
[05:46 - 10:24] “An Amazing Investment”
- Lisa found herself back in the real estate space
- Listen to her story
- Lisa talks about her parents’ influence to her real estate investing
- Why real estate is an amazing investment according to Lisa
[10:25 - 20:21] Become a Passive Investor in Real Estate
- How she realized the “perfect time” to leave Corporate America
- Are you a passive investor?
- Here are Lisa’s can’t-miss tips for you!
- Here’s a useful resource that can boost your real estate investing
[20:22 - 30:30] The Power of Diversification
- Why you should reduce the “execution risk”
- The number 1 reason you should diversify your investments
- Lisa breaks down the structure of a fund
[30:31 - 40:11] Why Funds Are Attractive
- What are Lisa’s plans for the future?
- Why institutional investors are attracted to funds
- Connect with Lisa
- Links below
[40:12 - 44:24] Closing Segment
- Don’t miss the biggest lessons Lisa learned from investing
- Final words from Lisa and me
Tweetable Quotes:
“I really believe that investing in the right market is super important. I think it’s second to investing with the right operator.” - Lisa Hylton
“Regardless of whether you’re in real estate or not...I think it’s super important to discover and hone and craft your unique ability.” - Lisa Hylton
Resources mentioned
- USA.com
Connect with Lisa on LinkedIn, Facebook, Twitter, Instagram, and YouTube. Do you want to build your wealth from passive real estate investing? Check out Lisa’s personal website to get started!
Guest email: lisa.m.hylton@gmail.com
Connect with me:
https://www.5tcre.com/
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If you still think that you need to work hard to earn more money, then prepare yourself to get your mind blown. Today’s guest is a firefighter for 16 years until he found himself investing in commercial multifamily real estate. Now, he advises and mentors emerging and growing commercial real estate companies.
Dave Seymour takes a break from his post at Freedom Venture Investments to talk about the mindset and skills that helped the company complete $300 million in transactions. He will also share some practical tips for passive investors to maximize their return on investment.
Tune in now and learn from Dave how to make your money work for you!
[00:01 - 06:43] Opening Segment
- Let’s get to know Dave Seymour
- Dave’s “biblical” story
- The things that impress Dave in a business
[06:44 - 16:01] A Life-Defining Commercial
- The lesson that Dave unlearned to make more money
- He talks about this defining moment through a TV commercial
- Surrounding yourself with the right people
[16:02 - 27:37] Pulling People Smarter Than You
- The main difference between results and no results
- Dave talks about his shift from single family to commercial multifamily
- How he and his partner decided to “go big” in real estate
[27:38 - 38:30] The Rule of 72
- The first advice Dave always shares with passive investors
- Dave breaks down the “Rule of 72”
- Why challenge the velocity of capital
[38:31 - 44:52] Closing Segment
- Dave gives us a sneak peek about the services they offer
- Connect with Dave
- Links below
- Final words from Dave and me
Tweetable Quotes:
“We’re stewards of other people’s capital. I enforce, reinforce, double-enforced due diligence.” - Dave Seymour
“You don’t have to know everything before you do something.” - Dave Seymour
Resources mentioned
- Individuals to follow
- Jack Canfield
- Tony Robbins
- Walter Novicki
- Book: Chicken Soup for the Soul
- J.P. Morgan
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Connect with Dave on LinkedIn, Facebook, and Instagram or call 7819224418. Check out Freedom Venture Investments if you want to target niche assets that are overlooked by institutional sponsors but can offer superior returns.
Guest email: dave@freedomventure.com
Connect with me:
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Maurice Philogene remains in the W2 world even if he has been earning six figures of passive income for quite some time now, and the reason might surprise you. That is why we invited him to take a quick break from his investing and philanthropic endeavors and come over our podcast. Maurice will talk about the various freedom principles through real estate, which help his clients build their legacy and live their best life.
Tune in now and learn the principles of freedom through real estate from Maurice!
[00:01 - 04:55] Opening Segment
- Let’s get to know Maurice Philogene
- Why he chose real estate for investment
[04:56 - 10:06] “A Generation Breaker”
- The only real asset according to Maurice
- The benefits of real estate you should know now
- Maurice’s blueprint he learned from his family
[10:07 - 20:57] Working and Investing
- Maurice breaks down “systematic patience”
- Why he is still working despite earning 6-figure passive income
- He shares some practical tips for passive investors
- Where to start?
[20:58 - 30:45] What Your Purpose Should Be
- Goal-setting in real estate as explained by Maurice
- You will fail in real estate if this is your purpose
- Why he is travelling around the world
[30:46 - 35:17] Empowerment in Real Estate Investing
- Why Maurice feels empowered investing in real estate
- Connect with Maurice
- Links below
- How do we grow as people?
- Maurice explains
[35:18 - 41:17] Closing Segment
- The freedom principles that Maurice is advocating for
- Final words from Maurice and me
Tweetable Quotes:
“Fear is just a lack of knowledge. That is all that it is.” - Maurice Philogene
“...one of the best ways you can do is get to know people around the world and it has given me a sense of empathy for everything and everybody.” - Maurice Philogene
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Connect with Maurice on LinkedIn and Instagram. Do you want to achieve wealth and the freedom to live life well? Visit Quattro Capital now!
Guest email: maurice@thequattroway.com
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https://www.5tcre.com/
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Spencer Hilligoss is the Chief Executive Officer and Co-Founder of Madison Investing, leading its business development and investor relations. He is an active syndicator, investor, and speaker. Before building an absolute powerhouse in the real estate space, he had an already successful 13-year tech career.
You don’t need to look elsewhere on why he left such a profitable industry and jumped to real estate. We have invited Spencer today to talk about his journey from tech to real estate, the steps he took to be successful in those two industries, and more informative insights about investing in 2021 you should not miss.
Tune in now and learn from a successful real estate investor!
[00:01 - 05:20] Opening Segment
- Let’s get to know Spencer Hilligoss
- A man with a common story
- How he landed in real estate from the tech industry
[05:21 - 15:26] Great Investing Comes Down To This...
- Playing “financial offense and defense”
- Spencer’s “basic advice” that people don’t usually follow
- He talks about the assets classes they’re investing in
[15:27 - 26:01] Finding Your Big “Why”
- The reason passive investors should invest in multifamily
- Spencer’s big “why” to real estate investing
- What it takes to invest successfully in real estate
[26:02 - 36:56] The Way to Truly Learn Real Estate
- If Spencer will start from scratch, this is what he’ll do
- The number one risk for passive investors
- He shares an interesting insight about the “W2 World”
[36:57 - 41:27] Closing Segment
- Connect with Spencer
- Links below
- Before you pick an asset class, do this…
- Final words from Spencer and me
Tweetable Quotes:
“You’ve gotta know who is the trustworthy person to work with.” - Spencer Hilligoss
“I can’t emphasize enough how much of a difference it is to have to verbalize something to someone else that you just learned.
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Connect with Spencer on LinkedIn, Facebook, and Twitter. Check out Madison Investing and start your journey to financial freedom!
Guest email: spencer@madisoninvesting.com
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Todd Dexheimer is a multi-family real estate agent, specializing in selling mid-sized multifamily properties in the Twin Cities. He owns Venture D Properties, which purchases and syndicates multifamily apartments in emerging markets.
Aside from sharing his creative approach in raising capital in this space, he joins us today to talk about the principles of wealth creation, which involves more than just learning real estate. but also adopting the right mindset and taking action. Todd is also the voice behind the podcast, “Pillars of Wealth Creation.”
Listen to Todd and learn how to create wealth!
[00:01 - 06:40] Opening Segment
- Let’s get to know Todd Dexheimer
- Why he is into value-add real estate
- Todd breaks down “value add” in the real estate industry
[06:41 - 16:16] “A Relationship Business”
- Todd looks back on his real estate journey
- The key to being successful in real estate according to Todd
- We talk about the power of podcasting
[16:17 - 28:01] Principles of Wealth Creation
- Finding the right mentor for you
- Listen to Todd’s advice
- Todd talks about the “silver tsunami” that will hit our properties soon
- Listen to Todd’s “Principles of Wealth Creation”
[28:02 - 33:50] Ready, Fire, Aim
- Todd gives a few practical tips to create wealth
- What Todd wants from investors
[33:51 - 37:08] Closing Segment
- Connect with Todd
- Links below
- Final words from Todd and me
Tweetable Quotes:
“[Real estate] is a relationship business. You need to meet people. You need to surround yourself with people that are doing big things.” - Todd Dexheimer
“Multifamily is just a good stable asset. When you look at the Sharp index, real estate is the best investment as far as return and has the second-lowest risk profile behind bonds.” - Todd Dexheimer
Resources mentioned
- BiggerPockets
- The BRRRR Method
- Gary Keller
Connect with Todd on LinkedIn, Facebook, and Instagram. Check out Venture D Properties and start your journey to long-term financial security by investing in real estate!
Guest email: todd@venturedproperties.com
- Listen to the Pillars of Wealth Creation Podcast and start your journey to financial freedom!
- Do you want to be coached by Todd? Start here
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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If you want to build a diversified portfolio, Kelly Ann Winget is the person to contact. She has over a decade of experience in raising capital from alternative sources, offering investors the chance to venture outside the traditional investment vehicles that they know. We are honored to have invited Kelly to our podcast and discuss these alternative vehicles that can still bring you higher returns.
Listen to Kelly and find alternative investments you can add to your portfolio!
[00:01 - 05:15] Opening Segment
- Let’s get to know Kelly Ann Winget
- Why she is raising capital from alternative sources
[05:16 - 15:39] Raising Half a Billion Dollars
- Kelly talks about the oil and gas industry
- Raising $500 million: How is it possible?
- The qualities of a good investment according to Kelly
[15:40 - 25:52] Why Networking is Crucial in Investing
- She gives a few tips to network like a pro!
- Starting your real estate journey
- Why you should invest in yourself right now
[25:53 - 34:17] The Oil and Gas Industry Is Like Real Estate
- What is an accredited investor and why should you understand it?
- Why she loves passive investing
- Tax benefits from alternative investments
[34:18 - 39:37] Closing Segment
- Connect with Kelly
- Links below
- Final words from Kelly and me
Tweetable Quotes:
“If you have a really good team behind something, it’s hard to fail.” - Kelly Ann Winget
“If you are a high-income person...find a tax strategist that is not your broker or your CPA.” - Kelly Ann Winget
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Connect with Kelly on LinkedIn, Facebook, and Instagram. Check out Alternative Wealth Partners and find opportunities “off Wall Street” that are not correlated with the market but still offer higher returns.
Guest email: k.winget@alternativewealthpartners.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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AdaPia d'Errico is a Principal and the Vice President of Strategy at Alpha Investing, a real estate private equity firm that offers multifamily, senior housing, and affordable housing. AdaPia is a respected fintech entrepreneur and real estate leader recognized for bringing crowdfunding into the mainstream. She joins us in this episode to talk about her journey in the crowdfunding and real estate spaces and discuss some key contents from her book, “Productive Intuition.”
Listen to AdaPia and learn how to work in the crowdfunding and real estate industries!
[00:01 - 05:37] Opening Segment
- Let’s get to know AdaPia d'Errico
- How she got into crowdfunding
- Turning fans into shareholders
[05:38 - 14:03] Crowdfunding and Real Estate
- Merging crowdfunding and real estate
- Why AdaPia loves the real estate space
- Savings vs. Investment
[14:04 - 23:23] Network of Investors
- Realizing the wealth divide in the society
- Being open to learning new things
- Raising more than a billion dollars in real estate
[23:24 - 32:39] Connecting To The Subtle
- AdaPia shares the humble beginnings of Alpha Investing
- Can you scale on quality alone?
- She gives a sneak peek into her book, “Productive Intuition.”
[32:40 - 36:09] Closing Segment
- Connect with AdaPia
- Links below
- Final words from AdaPia and me
Tweetable Quotes:
“This idea of access to investments to wealth building has always been primary for me.” - AdaPia d'Errico
“We don’t learn if we think we know everything.” - AdaPia d'Errico
Resources mentioned:
- AlphaFlow
- Uber
Connect with AdaPia on LinkedIn, Facebook, Twitter, and Instagram. Check out her personal website and Alpha Investing to learn a new perspective on private equity!
Guest email: adapia@alphai.com
GRAB a copy of “Productive Intuition” and learn how to trust yourself better!
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
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Danny Randazzo is a Managing Partner at PassiveInvesting.com, where he supports investors achieve their financial goals through passive investing.. He joins us today to talk about the entrepreneurial mindset and skills that helped his team build a $400-million portfolio with almost 3,000 units under management. They were also able to build such a massive portfolio because of their ability to build high-quality relationships. Is building such relationships possible for anyone? Danny reveals in this episode.
Tune in now and build high-quality relationships in your real estate investing!
[00:01 - 05:20] Opening Segment
- Let’s get to know Danny Randazzo
- His path to real estate investing
[05:21 - 13:21] High-Quality Relationships
- Why building high-quality relationships is a must
- Danny talks about his very first deal in real estate
- How to keep yourself motivated
[13:22 - 20:11] Danny’s Money Tree
- Danny talk about his “Money Tree”
- His advice on real estate investing that you should not miss
- Danny’s parting words about learning and taking action
[20:12 - 21:39] Closing Segment
- Connect with Danny
- Links below
- Final words from Danny and me
Tweetable Quotes:
“I think investing passively is all about what fits your personal need.” - Danny Randazzo
“Filter out some of the noise and make decisions based on your personal goals.” - Danny Randazzo
Resources mentioned:
- Dolf de Roos
- Dan Handford
- Web article: The Red Flags for Passive Apartment Investing
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Connect with Danny on LinkedIn, Facebook, Instagram, and his personal website. Are you looking for markets with strong apartment fundamentals and moderate cap rates? Check out PassiveInvesting.com!
Guest email: danny@passiveinvesting.com
- Are you a multifamily investor? Join the Multifamily Investor Nation!
- Register to the Multifamily Investor Nation Summit!
- Check out Danny’s Amazon page here.
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
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Email us --> abel@5tcre.com
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God. Family. Hustle.
These core values have guided Carlos Reyes and the rest of the ALL IN Nation team in building a real estate powerhouse. As an illegal immigrant in his childhood, he had all the reasons to not pursue his dreams and make excuses, but he did not give up. What he did was invest in himself strategically and follow these 5 success principles that not only helped him in real estate but in his other endeavors as well.
Listen to Carlos and learn the 5 success principles you should know right now!
[00:01 - 04:32] Opening Segment
- Let’s get to know Carlos Reyes
- Carlos shares his story immigrating to United States
[04:33 - 15:26] 5 Success Principles
- The core values of All In Nation
- What comes with great blessings?
- Carlos’ 5 success principles
[15:27 - 25:30] Her Mother’s Journey
- Why she decided to migrate to the United States
- Her mindset that brought positive influence to Carlos
[25:31 - 36:06] Investing In Yourself Strategically
- Dealing with anxiety and depression
- The importance of investing in yourself strategically
- Why money is freedom according to Carlos
[36:07 - 41:23] Real Estate Investing
- Carlos shares his thoughts about investing in real estate
- Money chases successful people
- Why Carlos’ story is like “The Hero’s Journey”
[ 41:24 - 43:37] Closing Segment
- Connect with Carlos
- Links below
- Final words from Carlos and me
Tweetable Quotes:
“With great blessings comes great responsibility.” - Carlos Reyes
“You only fail when you give up. You only fail when you quit.” - Carlos Reyes
Resources mentioned:
- OODA Loop
- Book: The Hero’s Journey
Connect with Carlos on LinkedIn, Facebook, YouTube, and Instagram. Check out ALL IN Nation and learn from real business owners, not from “gurus” just do-rus!
Guest email: carlos@allinnation.com
Where have you seen Carlos?
- Entrepreneur.com: PLAYBOOK W/ DAVID MELTZER
- GRANT CARDONE INTERVIEW
- SEAN TERRY INTERVIEW
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
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Our awesome guest for today is Gary Lipsky, Managing Partner and Co-Founder of APT Capital Group. Over the years, Gary has acquired almost 2,000 doors worth more than $40 million in assets under management through his entrepreneurial spirit, which he has cultivated since when he was young. This has helped their clients maximize their Return on Investment (ROI) and their Net Operating Income (NOI).
Listen to Gary and learn more about strong asset management to maximize profits!
[00:01 - 04:11] Opening Segment
- Let’s get to know Gary Lipsky
- What made him a great asset manager?
[04:12 - 10:26] Learning From Veterans and Newbies
- Real estate investing is like shooting a movie and here’s why
- Gary shares how he learns real estate to grow his business
- Find your passion and will come later
[10:27 - 20:53] Maximizing Profits from Strong Asset Management
- How to maximize your ROI and NOI according to Gary
- Property Management vs. Asset Management
- How to hold people accountable but not look like a dictator
[20:54 - 29:33] Measuring The Success of Your Company
- The Key Performance Indicators to look at when evaluating your business
- What you can learn from this cloud computing company
- Gary gives a sneak peek at their upcoming real estate summit!
- Register below
[29:34 - 33:00] Closing Segment
- Gary shares the contents of his upcoming book
- Connect with Gary
- Links below
- Final words from Gary and me
Tweetable Quotes:
“I’m learning new things every day from seasoned veterans to newbies. You never know where you’re gonna get information from.” - Gary Lipsky
“You gotta find something that you’re passionate about and the money will come later.” - Gary Lipsky
Resources mentioned:
- Neal Bawa
- Hunter Thompson
- Dan Handford
- Veena Jetti
- Ashley Wilson
Connect with Gary on LinkedIn, Facebook, and Instagram.
- Guest email: glipsky@aptcapitalgroup.com
- Subscribe to their newsletters and get your FREE ebooks!
- Passive Investors Guide
- Managing the Manager
- Join the Virtual Asset Management Summit 2021!
- REGISTER NOW FOR FREE
- Watch out for his upcoming book, “Best in Class”
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Amy Tiemann is the Founder and Chief Executive Officer at TM1 Properties, a commercial real estate private equity firm. Their main goal is to transform ugly apartments into pretty properties with added value for investors. She drops by today to talk about her journey to real estate investing, share her thoughts about whether you should go passive or active investing first, and give practical tips to jump from passive to active investing successfully. All these tips relate to Amy’s ultimate goal of building the value of their properties.
Let’s listen to Amy and also learn how to build value in multifamily investing!
[00:01 - 05:10] Opening Segment
- Let’s get to know Amy Tiemann
- Amy talks about her path to real estate
[05:11 - 16:00] Capital Raising Opportunities
- Amy breaks down their real estate strategy
- What you can learn from Amy’s team
- “Making the ugly pretty”
- What you will realize about property management and construction
- Raise millions of capital with this advice from Amy
[16:01 - 27:09] Passive or Active: What Should Go First?
- Finding new investors or finding new deals
- Which to prioritize?
- A reality that newbie investors must face
- Should you start with passive investing?
- Listen to Amy’s insights
[27:10 - 35:59] From Passive to Active Investing
- How to shift smoothly from passive to active investing
- Find this “goldmine of information”
- Amy talks about this possible signature project
- Connect with Amy
- Links below
[36:00 - 38:51] Closing Segment
- Final words from Amy and me
- You should network right now and here’s why
Tweetable Quotes:
“There’s always gonna be a good deal no matter what market you’re in.” - Amy Tiemann
“Learning how to network with people and people who have cash is gonna be beneficial to you… Start networking now.” - Amy Tiemann
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Connect with Amy on LinkedIn, Facebook, Twitter, and Instagram. Check out TM1 Properties and start your investing journey in commercial real estate!
- Reach out to Amy on her other online platforms. Start here.
- Guest email: amy.tiemann@tm1properties.com
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https://www.5tcre.com/
Watch 5T CRE on YouTube
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Stefan Tsvetkov moved into the United States with the hope of building a successful professional career. Back then, he needed to overcome language and cultural barriers, as well as the feeling of being away from his loved ones to realize his dreams.
His hard work eventually paid off, turning a $100,000-debt into a $90-billion derivatives portfolio with his colleagues. Now, he is helping his clients gauge overvalued real estate markets through his data analytics firm, Envvy Analytics.
Let’s listen to Stefan and learn how to measure the value of real estate markets!
[00:01 - 04:31] Opening Segment
- Let’s get to know Stefan Tsvetkov
- Data analytics expert
- Investment strategist
[04:32 - 14:49] Migrating in the United States
- The 2 focuses of Stefan in the real estate space
- Don’t miss our informative exchange about capitalization rates
- What was it like being an immigrant in the US?
- Listen to Stefan’s story
[14:50 - 29:19] Measuring Overvalued Real Estate Markets
- Stefan describes the mindset shift he went through in real estate
- How can Stefan’s team tell that a real estate market is overvalued?
- Stefan breaks down his firm’s approach
- Why look at the Price-to-Earnings Ratio?
[29:20 - 39:12] Looking for Undervalued Markets
- The 10 undervalued states according to Stefan
- What’s Stefan’s outlook for the future of real estate?
[39:13 - 41:45] Closing Segment
- Connect with Stefan
- Links below
- Final words from Stefan and me
Tweetable Quotes:
“What seems to be best predictive and a slightly more advanced metric...is just taking the price-to-income ratio historically in their market over a moving time window.” - Stefan Tsvetkov
“It was a good experience for me to see a relatively broad sector like [real estate].” - Stefan Tsvetkov
Resources mentioned:
- Hussman Funds
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Connect with Stefan on LinkedIn, Facebook, Twitter, and Instagram. Check out Envvy Analytics and learn how to gauge overvalued real estate markets!
Guest email: stefan@envvyanalytics.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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If you want to explore the strongest markets in the US while growing your wealth, Ellie Perlman is the person you should reach out to. Ellie is the Founder and Chief Executive Officer of Blue Lake Capital, which owns over $300 million in assets under management. Her experience in commercial real estate law and property management spaces gives her a unique perspective in uncovering overlooked properties with potential.
After finding such properties, though, you need capital to acquire them. How to raise capital then?
Listen to Ellie and learn tips to raise capital for your next deal!
[00:01 - 05:38] Opening Segment
- Let’s get to know Ellie Perlman
- She talks about her approach in real estate investing
[05:39 - 15:55] Real Estate Opportunities
- The 5 markets you should explore now
- One of the humblest experiences of Elli
- The advice that Ellie wants you to hear right now
[15:56 - 25:11] Capital Raising Tips
- Listen to our interesting exchange about clearing limiting beliefs
- Be comfortable with uncertainties
- Raise capital with these tips from Elli
- Why assets overperform
[25:12 - 33:39] Role of Social Media in Real Estate Investing
- We talk about Blind Pool Funds
- How to leverage social media for real estate investing
- How to leave a mark on investors
[33:40 - 42:32] Closing Segment
- Connect with Ellie
- Links below
- Are you a passive investor?
- This segment is for you
- Final words from Ellie and me
Tweetable Quotes:
“Separate yourself from the victim mentality or put yourself in a certain box. Just really be you.” - Ellie Perlman
“You need to be comfortable with that risk, with that uncertainty, but knowing that you can do it without really knowing that you can do it.” - Ellie Perlman
Resources mentioned:
- Books
- Rich Dad Poor Dad
- ABCs of Real Estate Investing
- Grant Cardone
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Check out Ellie’s personal website and connect with her on LinkedIn, Facebook, and Instagram. Find the best value-add opportunities over the country with Blue Lake Capital!
Guest email: ellie@bluelake-capital.com
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Brad Freyer specializes in leadership, business development, sales, and marketing, helping his clients at Sandler Training solve the most complex business challenges. He is passionate about supporting them to achieve their goals whether they are individual or company goals. He joins us today to talk about comfort zones, goal-setting, and sales tips you should know, which all contribute to your success in the future.
Tune in now and listen to Brad about planning your future the right way!
[00:01 - 05:29] Opening Segment
- Let’s get to know Brad Freyer
- How Brad and I met each other
[05:30 - 16:08] Right Way to Plan the Future
- From a rookie to a top performer
- How Brad pulled it off
- How Brad overcame the struggles of his business
- Plan your future the right way
[16:09 - 27:47] The Truth about Comfort Zones
- Either work on your dreams or work on someone else’s
- Why comfort zones exist according to Brad
- What does “investing in yourself” mean?
[27:48 - 39:59] Sales Tips You Should Know
- The investment that Brad wished he learned earlier
- Afraid of investing your hard-earned money?
- Listen to our exchange
- Don’t miss these sales tips from Brad!
- A simple but not easy tip to get out of your comfort zone
[40:00 - 44:17] Closing Segment
- Connect with Brad
- Links below
- Final words from Brad and me
Tweetable Quotes:
“...in my early days in sales, I always asked for help, I always had mentors, I always had coaches.” - Brad Freyer
“As an entrepreneur, you roll the dice, you take the risk with the reward.” - Brad Freyer
“The key is to do something everyday proactive towards your goal, whatever that goal is.” - Brad Freyer
Resources mentioned:
- Rackspace
- Brian Tracy
- Craigslist
Connect with Brad on LinkedIn and Facebook. Check out Sandler Training and grow your sales with an award-winning training company!
Guest email: brad.freyer@sandler.com
Connect with me:
https://www.5tcre.com/
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Don’t let Sam Freshman’s name fool you. He's no freshman when it comes to real estate investing. He is known in our circles as “The Godfather of Syndication,” leveraging his knowledge and experience to acquire over 6,000 units and 5 million square feet of office, retail, and industrial spaces worth more than $2 billion over the past 50 years.
Tune in now and listen to our conversation with the Godfather of Real Estate Syndication!
[00:01 - 05:56] Opening Segment
- Let’s get to know Sam Freshman
- How he realized he needed to invest in real estate
[05:57 - 15:28] Real Estate Syndication 101
- The problem with multifamily right now
- We break down syndication in the real estate context
- The rules of some asset class you need to know
[15:29 - 28:10] Start Investing in Real Estate the Right Way
- Sam gives an advice for couples who want to invest in real estate
- Are you new to real estate investing?
- Listen to this advice from Sam
- The role of networking in Sam’s success
[28:11 - 35:46] Basics of Real Estate Investing
- Learn from Sam how to close your first deal creatively
- What you need to know about the hotel industry
- Why you should educate yourself about real estate
[35:47 - 43:37] First Real Estate Skill You Should Learn
- Connect with Sam
- Links below
- The first skill you need to learn in real estate
- The other side of doing your due diligence
[43:38 - 51:47] Closing Segment
- Listen to this buy-and-hold strategy from Sam
- Final words from Sam and me
Tweetable Quotes:
“Being careful, doing all your homework, and remembering that what you’re doing at the acquisitions stage [are] what’s gonna affect what happens later.” - Sam Freshman
“If you’re in the syndication business, the first thing you gotta learn is to raise money.” - Sam Freshman
Resources mentioned:
- Sam’s book
- Principles of Real Estate Syndication
- The Smartest Way to Save
- Other Books
- How To Win Friends and Influence People
- Never Be Old Enough To Know Better
Connect with Sam on LinkedIn. Check out Standard Management Company and grow your real estate portfolio!
Guest email: sfreshman@standardmanagement.com
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Being a busy professional should not be an excuse to not invest in real estate. There are people like Randy Langenderfer who can help these professionals create passive income while keeping their day jobs. Randy is President of InvestArk Properties, LLC and has been in the multifamily space since 2014. He has acquired 250 doors as both a general partner or key principal and over 4,000 units as a limited partner. How he achieved all these was through what he calls the tried and tested method of real estate investing.
Tune in now and learn from Randy how to grow your passive income from real estate!
[00:01 - 06:02] Opening Segment
- Let’s get to know Randy Langenderfer
- Hi path to real estate
[06:03 - 11:53] Can You Balance a Day Job and Your Investing?
- Randy breaks down what “full cycle” and “2.2x equity multiplier“ mean
- How to use a self-directed IRA according to Randy
- Balancing a day job and real estate investing
[11:54 - 17:24] Why Invest in Real Estate
- Why invest in multifamily over single family
- We talk about nonrecourse loans
- Randy’s message for his younger self that you should also hear
[17:25 - 27:41] The Downside of Multifamily
- The tax benefits of investing in real estate
- The only flaw of multifamily investing
- The tried and tested method of real estate you should know
[27:42 - 38:01] Real Estate Education
- The preferred legal entity to buy multifamily
- What’s the role of the key principal?
- Educate yourself with these tips from Randy
[38:02 - 46:36] Closing Segment
- Notes you should write down as a passive investor
- Avoid the “Shiny Object” Syndrome
- Connect with Randy
- Links below
- Final words from Randy and me
Tweetable Quotes:
“You don’t have to jump right in and become a 50-hour-a-week general partnership analyzing deals or whatever. You can go at your own pace.” - Randy Langenderfer
“I would encourage your listening audience that the sponsorships...is the most important thing to consider.” - Randy Langenderfer
Resources mentioned:
- Brad Sumrok
- Rod Khleif
- Adam Adams
- Hunter Thompson
- Kingdom REI
Connect with Randy on LinkedIn and Facebook. Visit InvestArk Properties and grow your passive income stream!
Guest email: randy.langenderfer@invest-ark.com
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Austin Linney is a former service industry veteran of 20+ years turned serial entrepreneur, real estate investor, and mindset and business coach. He is also the voice behind the inspiring podcast, “Construct Your Life With Austin Linney.” He joins us today to talk about his journey and the untold stories and tips that entrepreneurs need to hear right now. Living up to his podcast’s name, he wants to support people in constructing the life they really want to live.
Tune in now and construct your life with Austin!
[00:01 - 07:17] Opening Segment
- Let’s get to know Austin Linney and listen to this Airbnb story from Austin
[07:18 - 16:46] Facing Opportunities Read or Not
- Don’t miss this little tip from Austin to help you gain knowledge
- How to be ready in the face of opportunities
[16:47 - 26:24] No Choice But to Work
- Austin walks us through his path to real estate investing
- Dealing with personal issues and an untold truth about the restaurant industry
- What Austin learned from his parents
[26:25 - 36:00] The Secret to Life
- The beauty of podcasting and creating content available to the public
- Why you should join a mastermind
- The secret to life according to Austin
[36:01 - 46:46] Untold Life Tips
- The problem with habits and daily activities
- Connect with Austin
- Links below
- The importance of partnerships in closing deals worth millions of dollars
[46:47 - 51:31] Closing Segment
- The book that Austin bought 60 times
- Final words from Austin and me
Tweetable Quotes:
“Don’t be so steadfast in the way that you’re generating money out of your property that you’re not open to new things.” - Austin Linney
“There are people that are listening and watching that don’t click, like, or don’t comment, that you’re really affecting.” - Austin Linney
Resources mentioned:
- 5 Talents Podcast with Adrian Salazar - $8M+ in Commercial Multifamily Assets; Save Yourself Time, Energy, and Money in Real Estate
- Book
- Rich Dad Poor Dad
- Slight Edge
- What to Say When You Talk to Your Self
- The Greatest Salesman in the World
Connect with Austin on LinkedIn, Facebook, and Instagram. Check out his website and start building the life you really want to live!
- Listen to his podcast, Construct Your Life with Austin Linney
- Book a call with him by clicking this link.
Connect with me:
https://www.5tcre.com/
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Email us --> abel@5tcre.com
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Even physical distance can’t stop Suzy Sevier and Michael Barnhart from investing in real estate. By doing their due diligence and homework, they were able to acquire an 88-unit multifamily property purchased at more than $4 million while living outside the United States. How they pulled this off without any real estate experience is no mystery, but a product of doing things the right way and following their passions.
Tune in now and learn from Suzy and Michael the right way to invest in real estate outside the United States!
[00:01 - 05:21] Opening Segment
- Let’s get to know Suzy Sevier and Michael Barnhart
- How did Suzy and Michael meet?
[05:22 - 15:26] COVID-19 Brought Them to Real Estate
- Why Suzy is in the biotechnology industry
- How Michael landed in real estate from the Air Force
- Why they chose commercial multifamily investing
[15:27 - 27:02] Real Estate Investing from Overseas
- The power of 1% progress
- How to set up multiple sources of income
- Bringing positive impacts to people through real estate
[27:03 - 39:11] Closing Their First Deal
- How they closed their very first deal in real estate
- Their secrets in pulling off a deal without any real estate experience
- Why they started a podcast
[39:12 - 42:10] Closing Segment
- Connect with Suzy and Michael
- Links below
- Final words from us
Tweetable Quotes:
“Just show up.” - Michael Barnhart
“With time, everything grows and it’s all worth it in the end.” - Suzy Sevier
Resources mentioned:
- Rackspace
- Veterans REI Conference
- Books to read
- The Slight Edge
- Multiple Streams of Income
- Individuals to follow
- Whitney Sewell
- Brian Briscoe
Connect with Suzy on LinkedIn. Reach out to Michael on LinkedIn. Check off your bucket list now, not after retirement, with Suzy and Michael.
Guest email: seviersuzanne@gmail.com
- Check out Adventurous REI and their social media channels: Facebook, Instagram, and LinkedIn.
- Remember to grab Suzy and Michael’s free checklist for real estate investing. Start here.
- Watch out for their upcoming podcast, “The Adventures of a Real Estate Investor”
Connect with me:
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The real estate space and the human brain have a couple of things in common, and Dr. Conor Hogan, PhD is here to discuss them all. One common theme that overlaps between them is mindset, which we’ve been talking about in the past 160+ episodes of our podcast. How exactly can we build a mindset that can boost our performance in real estate?
Let’s listen to Dr. Hogan and find out!
[00:01 - 05:38] Opening Segment
- Let’s get to know Dr. Conor Hogan PhD
- Why real estate and the brain are the same
[05:39 - 16:14] What High-Performance Individuals Do
- Dr. Hogan talks about how he builds the mindsets of his clients
- You can a high-performer in anything with this advice from Dr. Hogan
- You cannot be a high performer with ability alone
- What else do you need?
[16:15 - 26:17] Building a Positive Mindset
- How to handle negative thoughts
- The role of gratitude in building a positive mindset
- What is neuroplasticity?
[26:18 - 39:04] Dealing with Failures
- Whatever you learn will not matter if you don’t do this
- What happens once you fail?
- A learning experience, not a loss
- Dr. Hogan talks about managing your own money
[39:05 - 44:35] Closing Segment
- Connect with Dr. Hogan
- Links below
- Final words from Dr. Hogan and me
Tweetable Quotes:
“If I want to get there, to the top level of something…you have to start looking at the people that will take you there and that will support you in that regard.” - Dr. Conor Hogan PhD
“When you jump, it's’ not like you’re gonna fall. You will find your level and then you learn from it.” - Dr. Conor Hogan PhD
------------------------------------------------------------------------------------------
Connect with Dr. Hogan on LinkedIn, Facebook, and Twitter. Check out his personal website to learn more about his work. Listen to his podcast!
Guest email: docconor.com@gmail.com
Connect with me:
https://www.5tcre.com/
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Rod Khleif never went to college and even experienced flipping burgers just to buy clothes. His determination to succeed and the simple act of visualizing his goals did wonders to him, leading to 2000 homes and 24 businesses he has built in his 40-year career.
Rod talks about the importance of goal-setting and doing it the right way. His brand of goal-setting is not like writing a New Year’s Resolution you will definitely forget by February.
Tune in now and learn from Rod how to set your goals the right way!
[00:01 - 05:42] Opening Segment
- Don’t fear failure, but fear this
[05:43 - 16:50] Learners are Earners
- Rod walks us through his journey when he arrived in the United States
- His net worth grew by $17 million while he was sleeping
- Learners are earners
[16:51 - 26:20] Goal Setting Exercise
- The importance of a “time limit”
- Make your goal painful
[26:21 - 35:22] Visualizing Your Goals
- The importance of a vision board in achieving your goals
- The more important stuff than real estate according to Rod
[35:23 - 45:04] What Will Really Make You Happy
- Surround yourself with the right people
[45:05 - 48:25] Closing Segment
- Connect with Rod
- Links below
- Final words from Rod and me
Tweetable Quotes:
“Whatever your interest, wherever they lie, get around other people that want the same thing.” - Rod Khleif
“Fear regret much more than you fear failure.” - Rod Khleif
Resources mentioned:
- Individuals to follow
- Napoleon Hill
- Sarah Blakely
- Jim Carrey
- Demi Lovato
- Dale Carnegie
- Zig Ziglar
- Tom Hopkins
- Tony Robbins
- Books to read
- Think and Grow Rich
- Top Five Regrets of the Dying
- Rich Dad Poor Dad
- The ABCs of Real Estate Investing
Connect with Rod on LinkedIn, Facebook, Twitter, YouTube, and Instagram. Check out this website to learn more about his work.
Guest email: tiffany@rodkhleif.com
- ATTEND his next bootcamp on 22-23 May 2021. Start here.
- TEXT the code MULTIFAMILY to 72345 for a discount on your registration fee!
- Listen to his podcast, The Lifetime Cashflow Through Real Estate Investing Podcast
- DONATE and help Rod’s charity activities! Text TINYHANDS to 72345
Connect with me:
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Leave us a review and receive your free ebook
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Can you analyze information like a hedge fund manager? Jason Raznick believes you can, and he’s here to tell us how. Jason is a passionate entrepreneur and the founder of Benzinga, a content ecosystem translating information into easily consumable content.
Jason’s team at Benzinga aims to help individuals make better-educated decisions through the content that they consume.
Let’s listen to Jason and improve our decision-making!
[00:01 - 05:15] Opening Segment
- Let’s get to know Jason Raznick
- What’s his mission?
[05:16 - 15:03] Growing a Successful Business
- Jason walks us through the process of starting Benzinga
- Grow your business with these tips from Jason
- What successful investors do according to Jason
[15:04 - 25:54] Investing Your Money
- Jason shares his thoughts investing you should not miss
- Listen to Jason’s advice on why you should invest despite the risks
- The importance of taking action NOW
[25:55 - 30:33] Closing Segment
- What you should never do in investing
- Connect with Jason
- Links below
- Final words from Jason and me
Tweetable Quotes:
“A business is just a collection of people building together to create a solution to solve problems.” - Jason Raznick
“All you have to do to get a job somewhere is show value.” - Jason Raznick
Resources mentioned:
- Reuters
- Dan Gilbert
- Kevin O’Leary
- Dave Portnoy
- Cathy Wood
- Warren Buffett
- Mark Cuban
- Gary Vaynerchuk
Connect with Jason on LinkedIn, Facebook, and Twitter. Achieve financial freedom with the right information at Benzinga!
- Guest email: jason@benzinga.com
- Get updated with stock market news and alerts with Benzinga Pro!
- Have a real estate story to share? Email powerhour@benzinga.com!
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Real estate investing offers the potential for creating generational wealth for your family. However, this potential will be only realized with the right mindset, expectations, and skillset. Bill Ham, Chief Operating Officer at Broadwell Property Group, joins us in this episode to talk about how to create generational wealth the right way and the 3 pillars of real estate you should know.
As you start your real estate journey, you may be drowned by the hundreds of tabs in the Excel sheet and the millions of dollars you need to consider. Well, real estate is not as complicated as you think it is, and Bill will tell us why.
Tune in now and learn how to create generational wealth!
[00:01 - 05:34] Opening Segment
- I introduce Bill Ham
- How he went from flying airplanes to taking off real estate deals
[05:35 - 15:48] Shaping Your Entrepreneurial Mindset Early
- Bill’s “Aha!” moment in real estate
- How his childhood shaped his entrepreneurial mindset
- Don’t miss Bill’s sneak peek on his business model
[15:49 - 26:29] Creating Generational Wealth
- The biggest mistakes in creating generational wealth
- His tips for general partners you should not miss
- A limited partner’s guide to real estate investing
- Bill’s interesting suggestions
[26:30 - 38:05] Underwriting a Deal
- You don’t need a couple of years to grasp real estate
- Why you should learn the basics of real estate underwriting
- Real estate is not as complex as you think it is
[38:06 - 47:59] 3 Pillars of Real Estate
- Connect with Bill
- Links below
- 3 pillars of real estate you should know
- Bill gives us a sneak peek of his bestselling book, Creative Cash
[48:00 - 50:14] Closing Segment
- Final words from Bill and me
Tweetable Quotes:
[Real estate is] a very very difficult business to accomplish with no partners and no investors and without using other people’s money.” - Bill Ham
“Legacy wealth is held in skills, not in real estate. Legacy wealth is held in information, not in business.” - Bill Ham
Resources mentioned:
- Marques Ogden
- Jake & Gino
- Books
- Bill’s book: Creative Cash
- How to Win Friends & Influence People
Connect with Bill on LinkedIn and Facebook. Check out Broadwell Property Group and add performing multifamily properties to your portfolio!
Guest email: billham@bpgmail.com
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Veena Jetti has leveraged her exposure to real estate in her younger years to acquire billions of dollars in real estate assets and build a firm specializing in creating unique opportunities for investors.
Veena, Founding Partner of Vive Funds, joins us in this episode to talk about her creative strategies in retaining clients and growing their investor lists, which all point to her dream of making Vive Funds the “Chanel” of the real estate space.
Listen to Veena and kickstart your real estate journey now!
[00:01 - 04:59] Opening Segment
- Let’s get to know Veena Jetti
- Her path to real estate investing
- Veena’s strategy to million dollars in deals
[05:00 - 16:18] Blind Pool Funds
- How Veena’s team retains their clients
- What you should know about blind pool funds
- She talks about her very first deal
[16:19 - 26:59] Kickstarting Your Real Estate Career
- Listen to Veena’s story about motherhood and real estate
- Don’t miss these tips from Veena to kickstart your real estate career!
- What happens when you’re raising capital?
[27:00 - 39:26] The “Chanel” of Real Estate Investing
- How to find investors according to Veena
- The “Chanel” of real estate investing
- Key points to consider when you are a passive investor
[39:27 - 44:00] Closing Segment
- Connect with Veena
- Links below
- Final words from Veena and me
Tweetable Quotes:
“If you’re not comfortable with the deal or you don’t understand it, don’t invest in it.” - Veena Jetti
“Depending on who your avatar is, you’re gonna want to talk to them in a certain way.” - Veena Jetti
Resources mentioned:
- Nic McGrue
- Electronic Data Gathering, Analysis, and Retrieval
Connect with Veena on LinkedIn, Facebook, Twitter, and Instagram. Find unique opportunities tailor-made for your portfolio with Vive Funds!
Guest email: veena@vivefunds.com
ENROLL in Veena’s 6-week course on passive investing! Start here.
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What’s the most important formula in multifamily investing? I’m sure you have some formula in mind, but this one from Robert Martinez might just be the only thing you need to know. This formula has helped Robert and his team to acquire assets worth $420 million, living up to their name as the rockstars of real estate investing. Robert drops by to unveil his secrets, his creative strategies, and the practical tips you can take now to start your real estate journey.
Tune in now and listen to our conversation with the Apartment Rockstar!
[00:01 - 06:53] Opening Segment
- Let’s get to know Robert Martinez
- The Apartment Rockstar
- His path to the real estate business
[06:54 - 18:14] Real Estate is for Everyone...Even for Introverts
- Why invest in yourself first?
- The key to real estate education according to Robert
- Can introverts succeed in real estate?
- Listen to Robert
[18:15 - 30:29] The Most Important Formula in Multifamily
- The 2 non-negotiables of Rockstar Capital
- Robert talks about his unique approach to managing his team
- What’s the most important formula in multifamily investing?
- Listen to Robert
[30:30 - 42:05] Creative Strategies in Finding Deals
- The number 1 reason your tenants leave you
- Robert’s creative strategies to find and fund deals
- Find your passion to make real estate work for you
[42:06 - 47:46] Don’t Stay in the Status Quo
- Connect with Robert
- Links below
- Do you want to change your life?
- Listen to Robert
[47:47 - 49:06] Closing Segment
- Final words from Robert and me
Tweetable Quotes:
“Real estate can be an amazing, lucrative career just like any business opportunity, but if you don’t properly prepare yourself...you’re gonna fail.” - Robert Martinez
“If you’re looking to change your life, you gotta do something to change your life...you gotta take a risk here and there.” - Robert Martinez
Resources mentioned:
- Grant Cardone
- Jeff Hoffman
- Gary Vaynerchuk
- Priceline
- Gamesoft
Connect with Robert on LinkedIn, Facebook, and Instagram. Experience rockstar living with Rockstar Capital!
Guest email: npilkinton@rockstar-capital.com / investing@rockstar-capital.com
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You can be anything you want to be, just like Brent Barcus who is a musician and a real estate investor at the same time. Playing in two different fields, Brent was able to find an intersection where he could apply his networking skills in music events to close deals in real estate. He also leaves us with a couple of practical tips you can do right away to begin your real estate career.
Tune in now and learn real estate from a musician!
[00:01 - 04:56] Opening Segment
- Let’s get to know Brent Barcus
- Audio producer
- Immersive Mixer & Sound Designer
- Real estate investor
[04:57 - 14:43] A Real Estate Skill in the Music Industry
- Brent tells us how he manages his personal life and real estate business
- He shares his experience playing for the music industry
- Why he never looked back to school
[14:44 - 26:09] Networking is a Must
- Brent breaks down his very first real estate deal
- How to network like a musician
- Brent shares how he learned real estate from podcasts
[26:10 - 37:02] Real Estate Investing and Playing in a Band
- Real estate partnerships are like bands
- Brent tells us why
- Why invest in multifamily according to Brent
- Brent’s advice to start your real estate investing journey
[37:03 - 41:30] Closing Segment
- Connect with Brent
- Links below
- Final words from Brent and me
Tweetable Quotes:
“The scalability of having multiple doors, I just think there’s so much upside to that.” - Brent Barcus
“Just be a sponge, just soak it up and if you’re really invested in learning more about commercial multifamily real estate...go to events” - Brent Barcus
Resources mentioned:
- Individuals to follow
- Shania Twain
- Kenny Loggins
- Elton John
- DC Talk
- Think Multifamily Podcast
- The BRRRR Method
Connect with Brent on LinkedIn, Twitter, and Instagram. Check out i65music to learn more about his work.
Guest email: brent.barcus@i65capitalinvestments.com
Listen to his podcast!
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Danny Calafell believes not everyone is meant for entrepreneurship, but that does not mean employees cannot create generational wealth. Danny also talks about in this episode the mindset you need to come into the entrepreneurship space--regardless of where you come from--and the skills required to improve your business. He then shares some reminders before investing in real estate or any investment platforms because having money in your bank account, even if that’s worth $1 million, is not enough anymore.
Let’s listen to Danny learn how to be an entrepreneur!
[00:01 - 05:36] Opening Segment
- Let’s get to know Danny Calafell
- Entrepreneur
- Sales Pro
- Speaker
[05:37 - 16:19] Connecting with the Best People
- Danny talks about his professional boxing career
- He breaks down his approach in networking with people
- Why he picks his network carefully
- Danny shares how he landed a career in the entertainment industry
[16:20 - 26:29] The Number 1 Struggle of Businesses
- Danny talks about his first real estate deal
- He shares the struggle of needing to lay off people
- The number 1 struggle of businesses according to Danny
- How to address this struggle
[26:30 - 35:27] The Keys to Success Wherever You Are
- Some general investing advice from Danny you should not miss
- The new middle class according to Danny
- Do you want to be successful in your chosen field?
- Listen to Danny
[35:28 - 43:02] Closing Segment
- Connect with Danny
- Links below
- What you should realize about entrepreneurship
- Final words from Danny and me
Tweetable Quotes:
“I always wanted to be around the best because I knew they would bring the best out of me.” - Danny Calafell
“Watch who you get your information from and watch who you’re around.” - Danny Calafell
Resources mentioned:
- Grant Cardone
- Floyd Mayweather
- Sony Music
- Def Jam Recordings
- Universal Music Group
Connect with Danny on LinkedIn, Facebook, Twitter, and Instagram. Dominate your business and sales and increase your income by visiting his website.
Do you want to learn more about sales? Check out Triworld, Inc.
Guest email: entchamp@gmail.com
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Yosef Lee has summarized the many ingredients to be successful in multifamily investing into 3 key secrets. He joins us in this episode to talk about these secrets and guide us through his journey that led him to $5 million in commercial real estate investing while becoming the Managing Principal at Syndicro & Partners Capital.
How he overcame the language barrier as a South Korean immigrant first then the mindset challenge he faced as a law student were impressive feats that should be recognized. He reminds us to not just trust the process, but also love it. Multifamily is a long game and best played as a team.
Tune in now and learn the 3 keys to success in multifamily investing!
[00:01 - 07:32] Opening Segment
- From South Korea to the United States
- Yosef’s inspiring journey
- Why he went to law school
[07:33 - 17:46] Taking Action in Real Estate
- Yosef talks about how he found his purpose
- The life-changing book of Yosef
[17:47 - 27:11] Investing in Multifamily Deals
- Why invest in multifamily right away?
- Yosef’s practical tips to start multifamily investing
[27:12 - 37:28] Successful Multifamily Investors Do These Things
- The 3 keys to success in Multifamily
- What you should know about underwriting a deal
- Why you should be proud of being a “newbie”
[37:29 - 45:12] What Happened in Those Memorable 2 Deals?
- Why Yosef loves real estate syndication
- What is a stabilized property?
[45:13 - 45:33] Closing Segment
- Final words from Yosef and me
Tweetable Quotes:“If you choose to go to multifamily directly, go for it, but remember, you gotta be very patient, you gotta fall in love with the process of learning, finding, and eventually bringing it to the finish line.” - Yosef Lee
“You gotta know how to find [the] right partner.” - Yosef Lee
Resources mentioned:
- Book
- Rich Dad Poor Dad
- The ABCs of Real Estate Investing
- Other resources
- BiggerPockets
- UNESCO
- Samsung
- Jake & Gino
Connect with Yosef on LinkedIn, Facebook, and Instagram. Lay the cornerstone of your financial freedom by visiting Syndicro & Partners Capital.
Connect with me:
https://www.5tcre.com/
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Here to offer a different brand of real estate investing is Bryce McKinley, Founder of REI Results LLC. He has closed over 8,000 deals already, working on at least 200 transactions every month. His secret is his 5-step process to every conversation, which he says can be applied in any industry.
We often hear that we need to find our “why” to keep going in whatever goals we’re aiming for. Bryce disagrees. We are also usually advised to attend real estate meetups and talk to people. Bryce doesn’t agree either. He will share in this episode why he does not believe in these pieces of advice and instead offer a practical solution to get people to do what we want them to do.
Let’s listen to Bryce and learn his 5-step process to a successful conversation!
[00:01 - 06:09] Opening Segment
- How Bryce’s team is doing at least 40 deals in 5 markets a month
[06:10 - 19:06] Growing in Opportunities
- Why he jumped from corporate sales to real estate
- What separates Bryce from other sales gurus?
- How he overcame some legal battles in his life
[19:07 - 34:12] A Different Kind of Real Estate
- Why serving people is important for Bryce
- Bryce is willing to give his mobile number to strangers
- You don’t need to go to real estate meetups
[34:13 - 49:47] 5 Steps to Every Conversation - Real Estate or Not
- Warm-up with FORM
- What does FORM mean?
- Bridge the gap and pay attention to how you ask questions
- Learn Bryce’s RAQ technique
- Close the conversation then warm up with FORM again
[49:48 - 56:49] Closing Segment
- Connect with Bryce
- Links below
- The 3 Principles of Bryce’s life
- Final words from Bryce and me
Tweetable Quotes:
“I believe that you don’t go to opportunities. You grow to opportunities.” - Bryce McKinley
Resources mentioned:
- Other resources in this episode
- Craigslist
- Cutco
- The OODA Model
Connect with Bryce on LinkedIn, Facebook, Twitter, Instagram, and YouTube or get in touch with him at 1-844-394-3393. Join the REI Results Academy and learn how to be successful in real estate!
Guest email: Bryce@REIResultsAcademy.com
- Flip homes in just 5 hours! Start here.
- Find a solution to your real estate needs with EveryHouse
- Why join Bryce’s Academy? Your answers here.
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https://www.5tcre.com/
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What are you going to do if you arrive in a new country with only 200 dollars in your pocket? Seshue Velpuri knew what to do then. The right mindset helped him survive a new country with a new culture and a new environment. This mindset, which emphasizes the idea that life is not a “success” every time led him to a fruitful real estate career now spanning almost two decades.
Listen to Seshu and get real returns from your real estate investments!
[00:01 - 05:03] Opening Segment
- Let’s get to know Seshu Velpuri
- The mission of The AMR Group
[05:04 - 15:25] Why Real Estate
- His journey from India to the United States
- The challenges he faced and how he overcame them
- Why invest in real estate?
- Listen to Seshu
[15:26 - 25:56] The Right Mindset in Real Estate
- A reminder from Seshu you should not miss
- Listen to Seshu’s approach in commercial real estate
- How his team is adjusting to the COVID-19 situation
[25:57 - 35:19] Commercial Real Estate Investing
- The disadvantage of investing in the commercial real estate
- Seshu gives us a sneak peek of a commercial retail business plan
- We break down the Debt Service Coverage Ratio
[35:20 - 43:04] The Numbers to Consider
- Don’t miss this quick coaching session with Seshu!
- What tools does Seshu’s team offer?
- Connect with Seshu
- Links below
[43:05 - 44:51] Closing Segment
- Final words from Seshu and me
Tweetable Quotes:
“Majority of the people, they don’t want to fail. The problem is they do not want to fail and they want everything to be successful, but that’s not gonna work. It’s not the real world.” - Seshu Velpuri
“It’s not about doing business or anything. It’s sharing the knowledge among the community.” - Seshu Velpuri
Resources mentioned:
- WATCH OUT for Seshu’s analytics tool here.
- Check out Homes of Rockies on Facebook.
Connect with Seshu on LinkedIn. Get help in your sales, listings, asset management in real estate by checking out The AMR Group!
Guest email: seshu.velpuri@gmail.com
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Willie Mandrell has been in the Boston real estate market for more than 13 years now. He has leveraged his knowledge and experience of the area to acquire a personal real estate portfolio worth over $10 million currently. Willie joins us in this episode to talk about why you should invest in real estate as soon as possible, the creative ways to invest in this space, and the secrets to having a continuous cash flow in your pockets.
Listen to Willie and learn some cash flow secrets!
[00:01 - 06:11] Opening Segment
- Why cash flow is his priority
- Why you should invest in real estate now
[06:12 - 16:15] The Power of the Self-Directed IRA
- When can you retire?
- Listen to WIllie’s story
- Willie tells us the power of the self-directed IRA
- What wealth-building is like for Willie
[16:16 - 25:51] A Different Type of Passive Investing
- Here’s why you need to scale according to Willie
- What you should know about the after-repair value
- Willie talks about his creative real estate approach
[25:52 - 37:51] Why Delegate Your Tasks
- You don’t have to be part of the real estate investment
- Why delegating tasks in real estate is a must
- Take a sneak peek into Willie’s daily operations
[37:52 - 46:17] Closing Segment
- The lesson from McDonald’s you should not miss
- Final words from Willie and me
Tweetable Quotes:
“The hardest thing...is for people to delegate and trust other people, but if you’re going to scale, you absolutely have to do it.” - Willie James Mandrell
“If you have a piece of property that’s sitting around and you have a substantial amount of equity within that property, you can go right now and go get a home equity line...” - Willie James Mandrell
Resources mentioned:
- Our previous episode with Sharon Lechter: Co-Author of Rich Dad Poor Dad - 2 US Presidents Advised, 10+ Bestselling Books; Assets Are Sexy
- The BRRRR Method
- Book
- Rich Dad Poor Dad
- Rich Dad's CASHFLOW Quadrant
- The E-Myth Revisited
Connect with Willie on LinkedIn, Facebook, and YouTube. Turn your underachieving properties into high-yielding investments with The Mandrell Company.
Guest email: wmandrell@gmail.com
GET A FREE 30-minute consultation with Willie. Start here.
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We always say that the United States of America is the Land of Opportunity. It offers a lot of opportunities even for non-US citizens. Ava Benesocky and August Biniaz from CPI Capital join us in this episode to share creative ways to invest in the US real estate space while you are living in Canada. They answer some common questions, including those related to double taxation. Their personal mission is to educate Canadians about passive investing, helping them create wealth through real estate.
Tune in now and learn how to invest in the US from Canada!
[00:01 - 06:05] Opening Segment
- The challenges and opportunities they saw in real estate
[06:06 - 15:32] Real Estate Investing in Canada and the US
- Ava and August walks us through the real estate investing in Canada
- How they decided to jump into the US real estate investing
[15:33 - 26:00] Real Estate Education for Canadians
- The reality of investing in real estate in Canada
- Ava and August talks about their educational platform
[26:01 - 36:11] Benefits of Real Estate Investing
- Don’t miss their personal projections about US real estate investing
- How to avoid double-taxation according to August and Ava
- What next for Ava and August?
[36:12 - 42:37] Closing Segment
- Listen to their advice to create wealth successfully
- Connect with Ava and August
- Links below
- Final words from us
Tweetable Quotes:
“Diversification is a great way to have your investment portfolio that’s helping you build your wealth…get your money working for you while you sleep.” - Ava Benesocky
“I always wish health, wealth, and happiness on my loved ones and friends and associates. It all doesn’t matter if happiness is not there.” - August Biniaz
Resources mentioned:
- Our previous episode with Dan Handford: 4,800+ Units in Syndication Deals and $275M Portfolio Value Maximizing Systems and Platforms
- Jeremy Roll
Get in touch with August on LinkedIn, Facebook, Twitter. Connect with Ava on LinkedIn. Learn why multifamily investing is a lucrative endeavor! Check out CPI Capital.
Guest email: ava@cpicapital.ca & august@cpicapital.ca
- Are you a Canadian planning to invest in real estate? Check out the Canadian Passive Investing Academy!
- Invest in Ava’s next multifamily deal. Start here
- Invest in August’s next multifamily deal. Start here.
- Subscribe to their newsletter
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https://www.5tcre.com/
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Mauricio Ramos is a Managing Member at de Medici Group. He has been a full-time entrepreneur and investor since 2016, jumping from real estate to the construction industry in pursuit of financial freedom.
Mauricio has applied the lessons he learned to creatively finance his real estate deals and build a portfolio of 1,000 doors worth millions. He joins us in this episode to talk about his successful real estate business and the lessons and mindset that guided him along the way.
[00:01 - 05:02] Opening Segment
- Let’s get to know Mauricio Ramos
- Full-time real estate investor
- Accredited investor
- His journey from Mexico to the United States
[05:03 - 13:51] Creative Financing: What Is It?
- Mauricio shares his journey from construction to real estate
- The difference between single family and multifamily
- Learn more about creative financing from Mauricio
- How to raise capital?
[13:52 - 23:54] Why You Should Consider Real Estate Investing
- Why you should invest in real estate
- Financial freedom
- Time freedom
- Mauricio gives us a sneak peek of his daily life as an investor
- Join the ride!
[23:55 - 33:29] The Reality Behind Active Investing
- Are you an active investor?
- Don’t miss this part of our discussion
- Do you want to reverse-engineer Mauricio’s process?
- Follow this mindset
- Still thinking about starting your real estate journey?
- Here’s Mauricio’s advice for you
[33:30 - 37:41] Closing Segment
- Connect with Mauricio
- Links below
- The foundation in everything that Mauricio is doing
- Final words from Mauricio and me
Tweetable Quotes:
“Take action. Just go do it. Don’t be afraid” - Mauricio Ramos
“Real estate is so forgiving that even if a lot of things go wrong, you’ll still breakeven when you sell, and the learning experience, it’s [invaluable].” - Mauricio Ramos
Resources mentioned:
- Our previous episode with Mauricio’s business partner, Adrian Salazar: Save Yourself Time, Energy, and Money in Real Estate
- Rich Dad Poor Dad
- Rich Dad's Cashflow Quadrant
- Grant Cardone
- Benzinga
Connect with Mauricio on LinkedIn, Facebook, and Instagram. Check out de Medici Group and get yourself a group that can help you acquire value-add multifamily properties all over the US! #InvestDifferently
Guest email: mauricio@demedicigroup.com
Connect with me:
https://www.5tcre.com/
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Brian C. Adams is the President and Founder of Excelsior Capital, leading its investor relations and capital markets arms. Already a 10-year superstar in the real estate space, Brian and his team have acquired properties worth over $400 million. You will be surprised to know that such an amount will be normal to you only if you do this business right. He will also look back on how he started his journey. Brian was not born in the real estate space, but he was able to succeed here.
Listen to Brian and start raising millions in real estate!
[00:01 - 04:50] Opening Segment
- Let’s get to know Brian Adams
- A real estate superstar
- 10 years in real estate
[04:51 - 15:06] Raising Millions of Dollars: Is It Possible?
- Brian breaks down the blind pool fund
- You don’t need to be born in real estate to invest in real estate
- Brian tells us how
- Ordinary people can raise millions of dollars
- Listen to our exchange
[15:07 - 25:14] Talking with Prospects
- Brian talks about the importance of listening in this business
- The 3 main solutions that Excelsior offers
- Brian’s simple but creative trick to filter your prospects
[25:15 - 35:16] Investing in Real Estate the Excelsior Way
- Operating a fund is already a business
- Brian explains
- Brian talks about their approach to investing
- Operating on the sell side
- Avoiding this inefficient buyer pool
- He shares the challenges they face and how they overcome them
[35:17 - 41:11] Closing Segment
- Scale your real estate business with these tips from Brian
- Connect with Brian
- Links below
- Final words from Brian and me
Tweetable Quotes:
“The biggest lesson I’ve learned is to be empathetic with the needs and the problems of your logical investor base.” - Brian Adams
“Instead of leading with your ego...spend time talking to the hundred people that might realistically give their time and resources to you and understand what their problems are.” - Brian Adams
Resources mentioned:
- Blackstone
- Blue Man Group
Connect with Brian on LinkedIn and check out Excelsior Capital to start your real estate journey!
Guest email: badams@excelsiorgp.com
REACH OUT to Brian to access his 30-minute presentation on real estate investing.
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https://www.5tcre.com/
Watch 5T CRE on YouTube
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Esther Reizes-Lowenbein is your resident matchmaker in the real estate industry. She works with investors who are looking to buy, sell, or invest specifically in commercial real estate, finding the deals that suit their needs. Esther stops by our podcast to share her creative approaches in finding the “right match” for her clients and the reasons you should invest in real estate now.
Listen to Esther and meet your perfect match in real estate!
[00:01 - 03:41] Opening Segment
- Let’s get to know Esther Reizes-Lowenbein
- Realtor
- Investor
- Syndicator
- Real estate matchmaker
[03:42 - 12:31] Growing in Real Estate
- What’s Esther doing today?
- Why Esther shifted from residential to commercial real estate
- The challenges in investing in real estate
- Listen to Esther
[12:32 - 22:00] Matchmaking in Real Estate
- Esther talks about the importance of commitment in this business
- Education and networking are important too
- She shares some tips to find and close deals
- Don’t miss this!
- How does matchmaking in real estate work?
[22:01 - 30:49] The Reality of Real Estate Investing
- Investing in real estate vs. saving in a bank
- Esther weighs in
- Patience is a virtue in real estate
- Esther tells us why
- Set your expectations and be ready for everything
[30:50 - 36:55] Closing Segment
- Connect with Esther
- Links below
- Esther shares her biggest wins in her personal life and real estate career
- Final words from Esther and me
Tweetable Quotes:
“Just the fact that people can put their money into an investment versus leaving it in a bank and make so much more money in their investment is a huge thing to think about. It benefits everybody” - Esther Reizes-Lowenbein
“[Real estate is] beautiful. It’s amazing. It’s great. So many benefits. But you have to know, you have to be ready for everything.” - Esther Reizes-Lowenbein
Connect with Esther on LinkedIn and Instagram. Check out her website to learn more about her work.
Guest email: estyreizes@gmail.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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We have the privilege of talking with the top broker in the New York and New Jersey area. Jason Horowitz, Broker of Record at Triforce Commercial Real Estate, joins us in this episode to talk about the crucial roles of brokers in real estate. He also discusses his unique approach to real estate brokerage, which prioritizes relationships and quality over money and quantity.
Tune in now and learn the secrets of a top real estate broker!
[00:01 - 05:12] Opening Segment
- Let’s get to know Jason Horowitz
- Top real estate broker in New York/New Jersey
- The primary mission of his team at Triforce
[05:13 - 15:30] Investing in Real Estate
- Why naming their entities is a big deal to Jason
- Here’s why you should invest in real estate according to Jason
- Jason talks about his unique approach in building his team
[15:31 - 25:20] For The Sun to Never Set…
- Jason walks us through the daily operations of Triforce
- What many brokers don’t realize about the real estate industry
- He shares the story behind Triforce’s vision statement
[25:21 - 35:08] Quality of Deals Over Quantity
- Quality over quantity in making deals
- Jason tells us why
- What frustrates Jason in his work?
- Jason’s observations on the changes in the modes of communication
[35:09 - 42:20] Closing Segment
- The human element in real estate
- Connect with Jason
- Links below
- Final words from Jason and me
Tweetable Quotes:
“We like to add value in as many different ways as possible to be an asset to our clients.” - Jason Horowitz
“Nothing special happens overnight.” - Jason Horowitz
Resources mentioned:
- Safe Harbour Group
- HSC Management Corp
- Anthony Iemmello
Call or text 845 323 9177 to get in touch with Jason. Connect with him on LinkedIn, Facebook, Twitter, and Instagram. Check out Triforce Commercial Real Estate and get the most personal commercial real estate service out there!
Guest email: jason@triforcecre.com
Listen to their podcast!
Connect with me:
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David Davidenko and Julia Bykhovskaia are huge fans of Tony Robbins. However, they’re not fans who are simply inspired. They are fans who take massive action.
David and Julia will join us in this episode to trace back their journey to real estate, the actionable steps that new and experienced investors can take, and the right mindset that led them to build a million-dollar portfolio from nothing.
Tune in now and learn how to acquire over 4,000 units in 5 years!
[00:01 - 08:58] Opening Segment
- Let’s get to know David Davidenko and Julia Bykhovskaia
- Their journey from their home country to US real estate
[08:59 - 20:09] How to be Successful in Real Estate
- The determinants of success for David and Julia
- Massive action is crucial
- Julia talks about jumping from a regular job to real estate
[20:10 - 32:20] Invest Passively in Real Estate
- Are you planning to invest passively in real estate?
- The importance of having the right mentor
- Here’s why you should network in this business
[32:21 - 41:46] Invest Actively in Real Estate
- Do you want to be an active operator?
- Tips for new operators
- Advice for experienced operators
- Connect with David and Julia
- Links below
[41:47 - 46:19] Closing Segment
- What David would not advise to investors
- Can you balance active investing and other endeavors?
- Listen to Julia
- Final words from us
Tweetable Quotes:
“If you want to grow, if you want to develop, if you want to succeed, you just have no choice. Go outside of your comfort zone.” - David Davidenko
“The mindset is the most important thing, getting to this mindset that, ‘Yes, you can.’” - Julia Bykhovskaia
Resources mentioned:
- Book: Rich Dad Poor Dad
- Individuals to follow:
- Tony Robbins
- Joe Fairless
- Rod Khleif
- Brad Sumrok
- Neal Bawa
- Michael Blank
Connect with David on LinkedIn and Facebook. Reach out to Julia on LinkedIn and Facebook. Check out Sunrise Capital Group and start your multifamily investing journey!
Guest email: vd@suncapus.com & julia@suncapus.com
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https://www.5tcre.com/
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Kevin Brenner is not your typical Wall Street fund manager. He graduated from the University of Miami with a bachelor’s degree in Atmospheric Science. He is also on active duty as a top Pentagon Air Force meteorologist. Outside of his work, he coaches 150+ military investors to succeed in the real estate space. He also shares his conversations with top real estate and investment experts in his podcast, the Active Duty Passive Income Podcast.
In this episode, he will share his journey, his real estate secrets, and the unique business model he offers to their clients.
Tune in now and learn hybrid fund investing!
[00:01 - 03:27] Opening Segment
- Let’s get to know Kevin Brenner
[03:28 - 12:37] Hybrid Fund Investing
- Kevin breaks down their unique business model
- His interesting thoughts about commercial real estate
- Learn more about high-performing agents and power brokers
[12:38 - 22:40] Military Lessons in Real Estate
- Kevin talks about his unusual jump to real estate
- The military lessons applicable in real estate
- Listen to our exchange about our “higher purpose”
[22:41 - 32:56] Not for Innovation
- Start successfully in real estate with these tips from Kevin
- The role of podcasting in his real estate investing
- Connect with Kevin. Links below
[32:57 - 36:14] Closing Segment
- Reminders from Kevin you shouldn’t miss
- Final words from Kevin and me
Tweetable Quotes:
“If you want to get started in this business, do not become an innovator. This is not the business for innovation.” - Kevin Brenner
“Find someone who is doing what you want to do, emulate them, copy them, and execute.” - Kevin Brenner
Resources mentioned:
- Rich Dad Poor Dad
- Jocko Willink
- Brandon Turner
- Timothy Kelly
- Rackspace
- Previous episodes
- Sharon Lechter - Co-Author of Rich Dad Poor Dad - 2 US Presidents Advised, 10+ Bestselling Books; Assets Are Sexy
- Greg Reid - 32 Bestsellers in 45 Languages; The Secrets of The Millionaire Mentor
Connect with Kevin on LinkedIn. Be an “impact investor” by checking out Nimbus Capital Investment Co!
Guest email: kevin@risewithnimbus.com
- Text INVEST to (570) 578-2488
- Download our Stratus Fund 1 Passive Investor Guide: Start here.
- Support the Veterans Community Project
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https://www.5tcre.com/
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Are you an athlete already thinking about your retirement years? Well, this episode is for you.
Mikey Taylor had a successful professional skateboarding career that lasted for almost 20 years. Despite the success he’s had, he was already thinking about his post-playing years, leading him to build Saint Archer Brewing Company with his friends. Years later, he co-founded Commune Capital, which now has $160 million assets under management.
Let’s listen to Mikey and learn to invest successfully in real estate after your playing years!
[00:01 - 05:29] Opening Segment
- Let’s get to know Mikey Taylor
- From professional skateboarding to real estate
[05:30 - 15:12] Financial Coaching
- Never letting go your dreams
- Hear Mikey’s advice
- How Mikey earned from skateboarding
- Mikey remembers his jump to real estate
- How did he start?
[15:13 - 25:46] Wealth Creation
- Mikey’s tips for a better financial future
- Spend below your means
- Be responsible with the little things
- Mikey’s “eureka” moment in real estate
- How was it like to jump from passive to active investing?
[25:47 - 36:14] Successful Businesses
- The story of starting a craft beer company
- From backpack to beer
- How to build a successful business
- Experience first, product second
- Social media as a trust builder
- Is it possible?
[36:15 - 43:16] Closing Segment
- Connect with Mikey. Links below
- The big change in retail
- Final words from Mikey and me
Tweetable Quotes:
“Spend less than you make. We all say it, you have to uphold it.” - Mikey Taylor
“For anyone who is not invested in real estate yet, set your goals for it, put a timeline together, and start driving towards participating because it is one of those asset classes that is very easy to understand, can really really change your life… and can really be a big blessing on your kids and the generations after.” - Mikey Taylor
Resources mentioned:
- OGIO
- Book: The SPEED of Trust
- Rackspace
Connect with Mikey on LinkedIn, Twitter, and Instagram. Check out Commune Capital to learn more about their services.
Guest email: mikey@communecapital.com
Connect with me:
https://www.5tcre.com/
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Chief Operating Officer of MAG Capital Partners, Neil Wahlgren, brings nearly two decades of leadership in operations and capital markets. Prior to MAG Capital Partners, Mr. Wahlgren led a Bay Area real estate investment firm, raising capital for over $200MM in projects.
His discipline and work ethic stems from his military background. Logging over 2500 flight hours with combat tours to both Iraq and Afghanistan, concluding his military career as a Lieutenant Commander.
Let’s get into Mr. Neil Wahgren’s story of how he went from Air Force Commander to Real Estate Entrepreneur.
[00:01 - 06:38] Opening Segment
- Let’s get to know Neil Wahlgren
- Neil talks about his background
- Role and Responsibilities at MAG Capital Partners
- First involvement in the real estate industry
- Military service
[06:39 - 13:41] From Military to $200MM worth of Capital Raised
- Neil’s transition from the military to raising $200M worth of Capital
- Linking time and money in his career as a pilot
- The limitless potential of commercial real estate
[13:42 - 36:26] MAG Capital Partners
- Neil gives an insight about MAG Capital Partners model
- Industrial Single Tenant Net Lease
- Sale-Leaseback
- What is a Triple Net Lease(NNN)?
- Leveraging experts in specific areas to make smart investment decisions
- What the MAG Capital portfolio looks like
- Neil’s advice for passive investors
[36:27 - 41:58] Closing Segment
- Connect with Neil. Links below
- Tips from Neil on How to raise capital
- Final words
Tweetable Quotes:
“I personally have not found a different career field that has more potential upside than real estate. If you really put your head down, make the right partnerships, and bring the right investor partners on board, there’s no limit to how big you can grow this machine.” - Neil Wahlgreen
“Success begets success. People want to follow in the footsteps of others that they view has been successful.“ - Neil Wahlgren
“Once you have a nice flow, it’s easy to attract capital. But when you’re starting, it’s much more difficult.” - Neil Wahlgren
Resources mentioned:
- Rich Dad Poor Dad - Robert T. Kiyosaki
- MAG Capital Partners
- Free Ebook
Connect with Neil, send him an email at neil@magcp.com
Connect with me:
https://www.5tcre.com/
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Raven Multifamily Investments Co-Founder and Principal Venkat Avasarala began his real estate career just a few years ago. Before Co-Founding Raven Multifamily, Venkat’s career revolved around the IT Domain of the Corporate world for 14 years. His last corporate job is an SVP in Global Transformation on Operations LOB with Bank of America, before finding his way into the world of real estate.
Let’s take a dive into Venkat’s journey and learn how he found tremendous success in Multifamily Real Estate.
[00:01 - 05:10] Opening Segment
- Let’s get to know Venkat Avasarala
- Venkat talks about his background
- IT Career
- Settling Down in Dallas, TX
- Getting into real estate and achieving Financial independence in just 2 years
[05:10 - 18:06] Pursuing a career in Real Estate Investing
- Venkat looks back on his IT career in various large companies in the US
- Moving on and leaving the comfort of his career in IT to commit to real estate investing
- Venkat’s part-time real estate investing career in 2016-2018
- From 20 Single-family properties to multifamily syndications
- Deciding to invest in his future by committing to real estate
[18:07 - 33:36] Taking Action and Acquiring 3000 Units, $300MM worth of properties
- Finding deals and opportunities outside of Texas
- Landing a deal in Phoenix, AZ
- Starting with 300 units in Dallas
- Collaborating and working with people for successful deals
- What it’s like to manage 3000 Units
- Venkat’s advice to Passive Investors to find great deals, sponsors, markets
[33:37 - 42:36] Property Development
- Their transition to development deals
- Potential returns in property development
- The state of their property development deals
[42:37 - 46:53] Closing Segment
- Final piece of advice from Venkat
- Connect with Venkat. Links below
- Final words
Tweetable Quotes:
“The world is big, the country is big, there are opportunities in so many places not just in our backyard. So have an open mind and learn about different metros’ trends, strengths and weaknesses.” - Venkat Avasarala
“Not investing is not an option. You have to invest somewhere, you have to grow that money. Because everything else that you want in the future, is going up in value.” - Venkat Avasarala
“When you work hard, you get lucky.” - Venkat Avasarala
Resources mentioned:
- Raven Multifamily Investments
- Free Ebook
Connect with Venkat, send him an email at venkat@ravenmultifamily.com
Call: 281-727-9238
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Bestselling author Greg Reid was rejected by 268 publishers before he was able to launch his first book. In dealing with these rejections, he realized that he needed to play to his strengths while hiring his weakness. And, he did. Nothing came after but success.
Let’s listen to Greg and learn from the Millionaire Mentor!
[00:01 - 05:46] Opening Segment
- Let’s get to know Greg Reid
- Work your strengths, hire your weaknesses
[05:47 - 16:02] Following Your Passion
- The new real estate according to Greg
- Here’s an advice from Greg you don’t want to miss
- The common denominator among successful persons
[16:03 - 27:45] The C-P-C Formula
- Time + Land = Money
- Greg’s explanation here
- Write “CPC” somewhere now!
- What does this mean?
- Our thoughts are not things
- Greg’s insights about taking action
[27:46 - 37:34] The Word That Opens Doors of Opportunity
- What you should hear from your mentors
- How to get access to the people you should follow
- Don’t miss this story from Greg about “embracing your lack!”
[37:35 - 40:32] Closing Segment
- Connect with Greg. Links below
- Final words from Greg and me
Tweetable Quotes:
“The universe will reward those who take massive action toward their success.” - Greg Reid
“Surround yourself with people that are getting the results that you want for yourself today.” - Greg Reid
Resources mentioned:
- Some of Greg’s books (both sole and co-authorship):
- The Millionaire Mentor
- Power of Proximity
- Sellership
- Stickability
- Three Feet from Gold
- Wealth Made Easy
- Thoughts Are Things
- Other books:
- Think and Grow Rich
- Rich Dad Poor Dad
- Outwitting the Devil
- Think and Grow Rich for Women
- Our previous episode:
- Sharon Lechter - Co-Author of Rich Dad Poor Dad - 2 US Presidents Advised, 10+ Bestselling Books; Assets Are Sexy
Connect with Greg on LinkedIn, Facebook, Twitter, YouTube, and Instagram. Check out his website to learn more about his work.
Guest email: billy@gregreid.com
Apply to the Secret Knock and join the no. 1 networking event in the world!
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“Housing should not be limited to the wealthy,” Melissa Meza believes. Melissa, currently Director of Acquisitions and Dispositions at GG Homes I Buy SD, is now on a personal mission to facilitate social and green impacts in her immediate community. As a single mother who has had nothing while raising a daughter, Melissa knows what it’s like to have all odds against you.
She joins us in this episode to talk about her journey, how she lost everything, then got back up from nothing with only her strong sense of self-belief and her child as her driving forces. Melissa is the epitome of “Never Give Up” and a champion for sustainable housing. She calls herself the Real Estate Wizard, but you will learn from her that achieving success is no magic, but a product of hard work, determination, and love.
Tune in now and listen to our conversation with the Real Estate Wizard!
[00:01 - 06:09] Opening Segment
- Let’s get to know Melissa Meza
- A “real estate wizard”
- Walk with Melissa as she traces back her path to real estate
[06:10 - 15:38] Reaching the Pinnacle Has A Cost
- Listen to Melissa on how she’s grown in real estate
- The cost of reaching the pinnacle of her career
- Here’s a familiar reminder from Melissa about building your empire
[15:39 - 26:36] Building Herself Back Up
- How to reach $7M to $500M in real estate
- Melissa recalls her experience in foreclosing properties
- How she built herself back up from having $600 left on one credit card
[26:37 - 36:12] Promoting Sustainable Housing
- Melissa doesn’t see herself as a salesperson, but an educator
- She tells us why
- Housing should not be limited to the wealthy
- Melissa’s passion project
- Start in real estate with these tips from Melissa
[36:13 - 44:54] Closing Segment
- Connect with Melissa
- Links below
- Final words from Melissa and me
Tweetable Quotes:
“Take your time, do it right. Rome wasn’t built in a day. You’re not gonna create an empire in a day either. If you check the boxes, there’s no shortcut to success whatsoever.” - Melissa Meza
“If you can believe in yourself and you really stop at nothing and keep your goals in mind, it’s amazing what people are actually capable of doing.” - Melissa Meza
“Your current situation is rarely your final destination.” - Melissa Meza
Resources mentioned:
- Greenlights
- 12 Months to $1 Million
Connect with Melissa on LinkedIn, Facebook, and Instagram. Sell your house fast with GG Homes I Buy SD!
Guest email: melissa@gghomessd.com
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No one wants to pay for an insurance policy, only to realize in the end that it cannot pay for the damages you did not expect on your properties. Unfortunately, 80% of real estate investors own such a policy. That’s where Jeremy Goodrich comes in. Jeremy is the owner of Shine Insurance Agency, who helps clients choose the right insurance for their real estate business.
Listen to Jeremy to learn how to pick the right insurance for you!
[00:01 - 05:49] Opening Segment
- Let’s get to know Jeremy Goodrich
- Why insurance is unremarkable according to Jeremy
- His road to commercial real estate
[05:50 - 16:09] The 3 Pillars of Real Estate
- Should you jump from a day job to a business?
- Listen to Jeremy
- The cost of freedom from real estate
- Clarity and connections are 2 of the 3 pillars of real estate
[16:10 - 26:13] Insure Your Properties
- What is the last pillar of real estate investing?
- Let’s break down the OODA Loop
- Why you should insure your properties
- Don’t miss Jeremy’s advice
[26:14 - 37:05] The Right Insurance Policy
- Listen to Jeremy to know if you have the right policy
- What if you have the wrong one?
- Connect with Jeremy
- Links below
- Learn from the experts doing the right thing
[37:06 - 43:15] Closing Segment
- Why you should improve your social presence
- Final words from Jeremy and me
Tweetable Quotes:
“The great thing about real estate is you put the sweat equity in and you can make it happen.” - Jeremy Goodrich
“There are great insurance advisors out there. Go find one and don’t stop until you do.” - Jeremy Goodrich
Resources mentioned:
- Our previous episodes:
- Brain Burke: What You Should Know About Blind Pool Funds
- Matt Faircloth: Two Great Guys Talking Real Estate
- Forrest Corral: How I'm Buying a Billion Dollars of Multifamily in My Underwear
- Books
- The Hands-Off Investor
- Raising Private Capital
- The 4-Hour Workweek
- The OODA Loop
- Grant Cardone
- Yonah Weiss
Connect with Jeremy on LinkedIn and get insured in real estate investing by visiting Shine Insurance Agency!
Guest email: jeremy@shineinsurance.com
Are you part of the 80% of commercial real estate investors with the wrong insurance? Find out here.
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Isaac jumped into the real estate space not only to make money but to build a legacy. Today, he’s helping other investors to not only build their legacy but also help them be a blessing to others. In this episode, he will share some valuable tips to start in real estate or any other entrepreneurial endeavor. He will also discuss the factors that can help us succeed in this space, which include discipline, outside-the-box thinking, and grace under pressure.
Listen to Isaac to learn how to succeed in real estate!
[00:01 - 06:00] Opening Segment
- Let’s get to know Isaac Mathai
- From nuclear medicine technology to wedding events to real estate
[06:01 - 15:22] Starting in Entrepreneurship
- Issac recalls how he told his family he’s quitting his day job
- The truth behind starting in entrepreneurship
- The lessons from entrepreneurship that you should know
[15:23 - 26:54] Build Your Team the Right Way
- Why Isaac chose to develop buildings, not buy or rent
- Isaac learned how to build the right team
- Listen to his process
- Safeguard the culture you want to build for your business
[26:55 - 37:28] Relationship-Building
- Listen to Isaac’s tips about mindset shift
- Should you get a mentor in real estate?
- Listen to Isaac
- Why relationship-building is key in this business
[37:29 - 44:50] Closing Segment
- What’s next for Isaac?
- Connect with Isaac
- Links below
- Final words from Isaac and me
Tweetable Quotes:
“Relationship is key in this business, right, and it is a major factor on how deals are getting done...” - Isaac Mathai
“The goal is to be a blessing to others...be a channel of blessing.” - Isaac Mathai
Resources mentioned:
- James Kandasamy
- Ronny Philip
Reach out to Isaac on LinkedIn, Facebook, and Instagram. Check out White Water Equity and start building your legacy, make an impact, and give back to your community!
Guest emails: isaac@whitewaterequity.com
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Ashton and Chris Levarek have leveraged their experiences during their childhood and in the military to invest in real estate. Changing residences in their younger years have improved their adaptability while the backward planning from the military has guided their long-term planning. They share their story to inspire more people to choose their own adventure, which can include bringing your family into the real estate space.
Listen to Ashton and Chris to learn how to build a family-owned real estate company!
[00:01 - 06:33] Opening Segment
- Let’s get to know Ashton and Chris Levarek
- From the military to the real estate
- Choosing their adventure
[06:34 - 19:24] A Passive Source Income
- How childhood experiences helped their real estate journey
- The moments Ashton and Chris realized they needed to invest in real estate
- The importance of accountability partners for Ashton
[19:25 - 30:59] Invest in Real Estate With No Money
- What is the “Fire for Effect” and how can it be applied to real estate?
- The key for those getting started in real estate investing
- You don’t have to be the expert right away
- You can invest without so much money
[31:00 - 45:01] Systems and Automations
- Chris breaks down syndication in simple terms
- Why go for big deals now?
- Grow your real estate company with these tips from Chris and Ashton
[45:02 - 50:19] Closing Segment
- Connect with Ashton and Chris
- Links below
- Final words from us
Tweetable Quotes:
“The action you take, the more you realize [what] you’re capable of and the faster you learn and the faster you grow.” - Ashton Levarek
“Syndication just means the partnering of a bunch of people, of professionals, of companies, to achieve something they couldn’t buy themselves.” - Chris Levarek
Resources mentioned:
- Tony Robbins
- BRRRR Method
- Grant Cardone - Building a Million-Dollar Business in 90 Days
- Books:
- Traction
- Vivid Vision
- The 7 Habits of Highly Effective People
- The 10X Rule
Reach out to Ashton on LinkedIn then connect with Chris via LinkedIn, Facebook, and Instagram. Check out Valkere Investment Group and know more about this family-owned and -operated company!
Guest emails: ashton.levarek@valkeregroup.com & chris.levarek@valkeregroup.com
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Aloha! In this episode, Indar Lange will take us on a virtual tour to have a glimpse of how real estate works in Hawaii. Houses in this country are worth almost a million dollars, but this does not stop him from taking this less-traveled path. He believes that you need creativity to close real estate deals, wherever those deals can be found. Indar has another concept he credits for his success, and this is "malama da aina."
Listen to Indar and learn how the concept of “malama da aina” can be applied in real estate!
[00:01 - 06:01] Opening Segment
- Let’s get to know Indar Lange
- From engineering to real estate
[06:02 - 16:27] The Hawaiian Spirit
- Is creativity enough to make a deal work?
- Listen to Indar
- Hear from Indar the meaning of the “Hawaii Spirit”
- The biggest motivation on why Indar is investing in real estate
[16:28 - 27:05] Flipping in Hawaii
- Listen to Indar’s approach in flipping
- What’s their 1% Rule?
- What Indar realized about depreciation
- How to leverage cost segregation according to Indar
[27:06 - 37:08] BRRRR Method
- Indar talks about his struggles and how he manages them
- The importance of rehab budget for Indar
- Why you should apply the BRRRR Method
[37:09 - 47:23] Closing Segment
- Learn these “ninja tips” from Indar to invest in real estate
- Connect with Indar
- Links below
- Final words from Indar and me
Tweetable Quotes:
“It just takes creativity to figure out a deal and structure it, make it work.” - Indar Lange
“Networking is a huge part of this industry...we get deals from friends, we partner with friends and other people, and it’s just a great community to help each other.” - Indar Lange
Resources mentioned:
- eBay
- BRRRR Method
- BlackRock
Reach out to Indar at (808) 989 2323 or connect with him on LinkedIn, Facebook, and Instagram. Check out Our Home Investments and start your real estate investing in Hawaii!
Guest email: indar@ourhomeinvestments.com
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https://www.5tcre.com/
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Alvin “Hope” Johnson personifies the concept of hope, and it’s clear as day in his work in the real estate space. Alvin struggled to make ends meet until he landed a 30-day volunteer work. What was supposedly a normal monthly activity turned into a life-changing moment for Alvin, which made him realize the importance of taking care of your people in the business.
Today, he shares his inspiring story and the unique business model that led him from zero to over $150 million in real estate assets.
Tune in now and hear this common advice you’ve probably forgotten already!
[00:01 - 05:39] Opening Segment
- Let’s get to know Alvin Johnson
- Real estate developer
- Problem solver
- A friend
- Alvin opens his real estate portfolio
[05:40 - 11:50] The Beauty of Sharing Your Struggles
- Alvin talks about his mindset in life
- How to handle trauma according to Alvin
- The main reason we connect with people and learn from them
[11:51 - 21:23] Alvin’s Business Model
- The unique business model that makes Alvin different from the rest
- Why Alvin is focused on the people in his business
- This is him “living his dream”
[21:24 - 31:35] Network Building Done Right
- Clear your limiting beliefs with this advice from Alvin
- Find the right circle of friends
- If you can’t, you’re better off alone
- How a 30-day volunteer assignment turned into a 13-month life-changing work
[31:36 - 39:31] Relationships and People
- Here’s a crucial lesson that Alvin learned in real estate
- How’s networking in Clubhouse?
- Connect with Alvin
- Links below
[39:32 - 47:05] Closing Segment
- How to find the best deals for you
- Final words from Alvin and me
Tweetable Quotes:
“When I say I’m living the dream, my dream again is to help make other people’s dreams come true.” - Alvin Johnson
“Watch what you say about yourself and then change your circle of friends.” - Alvin Johnson
Resources mentioned:
- Grant Cardone
- Kingdom Capitalists
Reach out to Alvin at 214-842-8075 or connect with him on LinkedIn, Facebook, Twitter, and Instagram. Check out his website and let him help you in your real estate journey!
Guest email: alvin@372hope.org
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We just finished Q1 of 2021, but it’s never too early to plan for 2022. Jerome Maldonado has 26 years of experience in the real estate industry, which helped him create generational wealth for his family. Now, he’s on a mission to help other people achieve financial freedom and do the things they are passionate about without having to worry about their daily expenses.
The secret to Jerome’s success is a mix of mindset and education. To start in real estate, he says, you have to start even if it’s small. Nothing will happen if you overthink and you will only waste your precious time. This is easier said than done, though, and that’s why Jerome will break down his process on how to invest real estate from 2021 and beyond.
Tune in now and listen to Jerome’s real estate advice!
[00:01 - 06:45] Opening Segment
- Let’s get to know Jerome Maldonado
- From pharmacy to construction to real estate
[06:46 - 16:18] Underwrite Deals Better
- Jerome talks about the evolution of his real estate mindset
- He gives some interesting tips to underwrite deals successfully
- How $3K helped him jumpstart his real estate career
[16:19 - 27:08] Your Path to Wealth Generation
- Jerome breaks down his business model
- The real pathway to wealth generation according to Jerome
- You can enjoy real estate and earn from it
[27:09 - 35:39] Commercial Real Estate Investing
- Here’s why you should invest in commercial real estate
- Why are they investing In Puerto Rico?
- Connect with Jerome
- Links below
[35:40 - 43:07] Closing Segment
- Don’t let ego get in your way
- It’s okay to start small for now
- Final words from Jerome and me
Tweetable Quotes:
“Just learn the real estate game. The real estate game is life-changing if you learn how to do it right.” - Jerome Maldonado
“There is no such thing as too small. Just get started, and the biggest thing, once you get started, stay consistent at it.” - Jerome Maldonado
Resources mentioned:
- Rich Dad Poor Dad
- Jerome’s courses:
- Elite Real Estate Society
- Advanced Sales Formula
- *$500 Promotion
- Weekly Coaching calls
Connect with Jerome on Facebook, Twitter, LinkedIn, Instagram, and YouTube. Visit his website and jumpstart your real estate career!
Guest email: office@jjacobenterprises.com
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Terry Heller has a quite different path to real estate. Here’s the story we commonly hear: The guest works on a regular day job, decides to invest in real estate, and starts passively. Starters usually choose single-family first until they realize they need to jump to multifamily. That’s the usual story, but that’s not Terry’s. Terry breaks into real estate from the entertainment industry, leaving a space where he’s worked with the likes of Jay-Z, Celine Dion, Dr. Dre, and Linkin Park.
Today, he joins us to talk about his story, how writing a letter to a pastor pulled him to real estate, and shares some mindset tips you need to hear if you’re still thinking about your investment plans. Here’s one tip from him: “The person that’s gonna create the opportunity is you!”
Tune in now and hear this unusual path to real estate investing!
[00:01 - 06:45] Opening Segment
- Let’s get to know Terry Heller
- Real estate developer
- Real estate investor
[06:46 - 16:16] Real Estate Investing in Los Angeles
- How’s Terry’s investing experience in Los Angeles (LA) generally?
- Terry walks us through his process of investing in real estate
- The secrets of $10M+ deals in LA according to Terry
[16:17 - 27:04] From Music to Real Estate
- Can you find a $200K/door deal in LA?
- Terry weighs in
- How Terry jumped from the music industry to real estate
[27:05 - 38:46] Deals in the Commercial Real Estate Space
- What Terry learned from the entertainment industry
- The lessons are also applicable to real estate
- Success can be dangerous according to Terry
- He tells why
- How writing letters jumpstarted Terry’s real estate career
[38:47 - 47:46] Creating Opportunities
- Don’t miss this real estate advice from Terry!
- The common struggle in scaling in real estate
- Keep your doors open for opportunities
- Just like when he jumped from music to real estate
[47:47 - 56:36] Closing Segment
- Connect with Terry
- Links below
- Don’t miss this Dr. Dre story!
- Final words from Terry and me
Tweetable Quotes:
“When you do have some success as a young person, it can be dangerous.” - Terry Heller
“The secret to being able to [invest in real estate successfully] was just the self -belief that I’ll figure it out.” - Terry Heller
Resources mentioned:
- Ruthless Records
Connect with Terry on Instagram and LinkedIn. Check out Heller Holdings and start your investing journey in Los Angeles, California!
Guest email: terry@heller-holdings.com
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You’re going to want to connect with Rashmi Nigam if you’re looking for partners in the real estate space or if you’re just starting. Rashmi has owned more than 100 multifamily units worth $8 million and closed many deals on her own.
We all know that real estate is a team sport. That’s why it’s interesting how Rashmi has closed such deals alone. Still, she says she’s looking to syndicate and more than willing to provide value for both active and passive investors.
Listen to Rashmi and learn if this is the right time for you to jump into real estate!
[00:01 - 03:34] Opening Segment
- Let’s get to know Rashmi Nigam
- Active operator
- Passive investor
[03:35 - 13:34] How a 1031 Exchange Work
- How Rashmi makes money even when she sleeps
- She didn’t jump from tech to real estate
- She’s in both spaces at the same time!
- Rashmi breaks down how 1031 exchanges work
[13:35 - 23:30] Women in Real Estate
- Rashmi walks us through her first deal
- Are tech and real estate similar?
- Rashmi weighs in
- Hear her thoughts about women in real estate
[23:31 - 30:42] Closing Segment
- Should you invest passively?
- Connect with Rashmi
- Links below
- Final words from Rashmi and me
Tweetable Quotes:
“At the end of the day, people like to work with people they like.” - Rashmi Nigam
“My goal is Partnership.” - Rashmi Nigam
Follow Rashmi on LinkedIn or check out their company online to learn more about their work.
Guest email: rashmi.nigam@gmail.com
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Here’s a familiar quote that was highlighted by our guest’s story for today: "When one door closes, another door opens.” Sharon Lechter left Robert Kiyosaki’s “Rich Dad'' Empire to go her own way, a surprising career move as remarked by her peers given the success of the Rich Dad book series. In taking her own path, she was called by 2 US presidents to advise them on financial literacy and by The Napoleon Hill Foundation to re-energize the teachings of Napoleon Hill.
[00:01 - 04:39] Opening Segment
- Let’s get to know Sharon Lechter
- Presidential advisor on financial literacy
- Keynote speaker
- Bestselling author
[04:40 - 13:02] When One Door Closes, Another Opens
- What’s Sharon’s favorite word and why?
- How a brochure turned into a bestselling book
- Sharon’s questions you should answer for yourself
[13:03 - 23:40] What You Do With Your Paycheck
- The 4 S’s that business should be
- Successful
- Sustainable
- Scalable
- Find out what the last one is!
- Turn your asset into your employee
- What does Sharon mean by this?
[23:41 - 32:39] Faith and Association
- The power of association according to Sharon
- How to build your faith and self-confidence
- Connect with Sharon
- Links below
[32:40 - 38:49] Closing Segment
- What are the income-producing assets you have?
- Final words from Sharon and me
Tweetable Quotes:
“There’s nothing wrong with being an employee. We need employees here in the world. The issue is not what you do for your paycheck, it’s what you do with your paycheck.” - Sharon Lechter
Resources mentioned:
- Robert Kiyosaki
- Rich Dad Poor Dad
- The Napoleon Hill Foundation
- Book: Think and Grow Rich
- Sharon’s books
- Three Feet From Gold
- Outwitting the Devil
- Think and Grow Rich for Women
- Success and Something Greater
- Book: ABCs of Real Estate Investing
Connect with Sharon on Twitter, Facebook, Instagram, LinkedIn, and YouTube. Check out her website and join The PLAY BIG Movement!
Guest email: info@sharonlechter.com
FREE GIFT from Sharon to define your own personal success equation: Start here
WATCH OUT for her book, Exit Rich, in June 2021!
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Ahmed Seirafi is a commercial multifamily investor and developer with more than $500 million in real estate--built, developed, and sold. He joins us in this episode to break down real estate development for new investors and drop valuable tips related to passive and active investing. Ahmed also gives an extensive insight about building the right team for you, reminding us that what works for you might not be for others. However, the most important thing to do is just start and learn along the way.
Listen to Ahmed and learn more about real estate development!
[00:01 - 04:06] Opening Segment
- Let’s get to know Ahmed Seirafi
- Commercial multifamily investor
- Real estate developer
[04:07 - 14:30] Real Estate Development
- Ahmed breaks down his very first deal
- Listen to his approach in overcoming challenges
- Whether you’re passive or active, don’t miss Ahmed’s advice here!
[14:31 - 24:41] Scaling in Real Estate
- How Ahmed scaled his real estate career
- You won’t go anywhere in real estate without this
- The most successful people in real estate are not alone
[24:42 - 34:21] Real Estate Is Not Rocket Science But...
- What’s next for Ahmed?
- Planning to invest in real estate?
- Here’s Ahmed’s advice for you
- Is there “fast cash” in real estate?
[34:22 - 42:04] Closing Segment
- Connect with Ahmed
- Links below
- Final words from Ahmed and me
Tweetable Quotes:
“[Real estate] is all about creating that team that has the same focus as you.” - Ahmed Seirafi
“Do the work, check off the boxes, make sure you go through the phases, and ask questions.” - Ahmed Seirafi
Connect with Ahmed on LinkedIn and Instagram or check out Andalusia Development Company to learn more about their work!
Visit Ahmed’s Clubhouse: ahmedseirafi
Guest email: ahmedseirafi@gmail.com
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Anthony Gaona and Daniel Martinez are land experts who founded The Hivemind CRM, a platform that automates your real estate business. In this episode, Anthony and Daniel break down the services offered by Hivemind and how you can apply them in finding off-market properties. We also discuss, among other things, the 3 pinnacles of real estate. One is time. Can you guess the other two?
Listen to Anthony and Daniel and learn how to find off-market properties creatively!
[00:01 - 04:44] Opening Segment
- Let’s get to know Anthony Gaona
- Who is Daniel Martinez?
[04:45 - 14:00] Marketing in Real Estate
- How Anthony leverages his marketing background to real estate
- From truck driver to real estate investor
- Daniel’s story
- Artificial Intelligence in real estate?
- Listen to Anthony and Daniel
[14:01 - 28:50] Finding Off-Market Properties
- Creative ideas to find off-market properties
- Consistency is the key in off-market deals
- Daniels explains
- Should you get Hivemind’s services?
- Listen to Anthony
[28:51 - 37:44] Pinnacles of Real Estate
- The 3 pinnacles of real estate
- You don’t need all 3
- Connect with Anthony and Daniel
- Links below
[37:45 - 44:43] Closing Segment
- The path to progress
- Final words from us
Tweetable Quotes:
“[The Hivemind] just allows you to be a more effective real estate investor.” - Anthony Gaona
“The lifeblood of a business is marketing.” - Daniel Martinez
Resources Mentioned:
- Cutco
Connect with Anthony on LinkedIn and Facebook. Get in touch with Daniel on LinkedIn. Check out Hivemind and their Facebook, Twitter, Instagram, and YouTube pages!
Guest emails: agaona81@gmail.com & skyfallinvestmentsllc@gmail.com
Join The Hivemind CRM’s online community on Facebook!
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We all have limiting beliefs that keep us from discovering new paths in life. While they are normal, they should not stay long. The first step to clearing limiting beliefs is recognizing that we have them in the first place. Do you know what to do next? Leka Devatha, President of Rehabit Homes, Inc., joins us in this episode to talk about her long path to real estate, which started when she set foot in the United States 14 years ago, and the steps we need to take to succeed in real estate.
Listen to Leka and clear our limiting beliefs!
[00:01 - 05:50] Opening Segment
- Let’s get to know Leka Devatha
- Her path from India to the United States
[05:51 - 15:20] Scaling in Real Estate
- Learn from Leka’s jump from single-family to multifamily
- Listen to Leka’s key steps that helped her scale in real estate
- What happens if you pay your people well?
- Invest passively with Leka!
- Listen to her tips
[15:21 - 25:32] Clearing Limiting Beliefs
- How to overcome limiting beliefs according to Leka
- Build your network with these tips from Leka
- What will you do if everything that can go wrong...goes wrong?
[25:33 - 32:09] Having Fun Learning Real Estate
- Look for the successes and failures of a person
- What markets is Leka looking for?
- Learning is what Leka enjoys
- She tells us why
[32:10 - 40:05] Closing Segment
- Connect with Leka
- Links below
- Final words from Leka and me
Tweetable Quotes:
“You have to give everything you’ve got, especially in [real estate].” - Leka Devatha
“Once you’ve done [real estate] long enough, you just understand with confidence that ‘it’s okay. This too shall pass.’” - Leka Devatha
Resources Mentioned:
- Ken McElroy
- Book: Rich Dad Poor Dad
- Sean Katona - 75+ Deals from Renovation to New Builds; Extra Comma & More Zeros
- Book: The ABCs of Real Estate Investing
- Rackspace
- Book: The Only Woman in the Room
- Anna Kelley - 2,000+ Multifamily Units, $80-M Portfolio; Financial Literacy
Connect with Leka on LinkedIn and Instagram or check out Rehabit Homes, Inc. to learn more about her work.
Guest email: leka@rehabithomes.com
Connect with me:
https://www.5tcre.com/
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Email us --> abel@5tcre.com
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What will you do if you find out that your dream property is in a flood zone? Does this mean your property is not in a safe location? Don’t make assumptions this quick. You’re probably staring at a treasure trove that can boost your Net Operating Income. Consult someone like DJ McClure from the National Flood Experts to understand flood zones better and why they can be relevant in the commercial real estate space.
Listen to DJ and uncover hidden opportunities for properties in the flood zones!
[00:01 - 04:48] Opening Segment
- Let’s get to know DJ McClure
- Role of engineers in flood zones
[04:49 - 13:28] The Flood Market
- Learn from DJ the services of National Flood Experts
- You will be surprised by these observations by DJ!
- Buying a property in a flood zone?
- Listen to DJ’s advice
[13:29 - 22:53] Flood Zone Experts in Multifamily
- What does DJ mean by “moving the flood zone?”
- Why you should need flood zone experts in multifamily
- How to leverage the services of flood zone experts and insurance companies
[22:54 - 31:09] Closing Segment
- How to increase your NOI by considering the flood zones
- Connect with DJ
- Links below
- Final words from DJ and me
Tweetable Quotes:
“Anything that’s coming up in the property, you’re gonna do potentially a [refinance] this year or maybe you’re thinking about selling it down the road, let’s take a look at this sooner than later.” -DJ McClure
“There’s a lot of hidden value in flood zones.” -DJ McClure
Connect with DJ on LinkedIn or check out National Flood Experts to learn from the no. 1 flood zone problem solver in the country!
Guest email: dj@nationalfloodexperts.com
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https://www.5tcre.com/
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Dr. Erin Hudson was advised by her business coach to “fire herself,” and that’s when she realized she’d been addicted to working so much that it had made her life a huge mess. She managed to sort it all out by following the advice of her coach and creating cash-flowing assets in the real estate market. These days, she teaches her kids how to live a life that goes well beyond the typical 9-to-5 routine, a life that is full of abundance and freedom.
Listen to Erin and learn why you should teach your kids about real estate!
[00:01 - 05:36] Opening Segment
- Let’s get to know Dr. Erin Hudson
- Chiropractor in profession
- Entrepreneur at heart
[05:37 - 10:39] The Freedom Erin’s Looking For
- Erin talks about the weak link of her business before
- She shares her addiction to work
- What’s true freedom for Erin?
[10:40 - 20:26] 3 Kinds of Success
- Don’t miss the 3 kinds of successes you should aim for
- Here are some creative ways from Erin to get out of debt
- How Erin teaches her kids to create cash-flowing assets
[20:27 - 30:00] Erin’s Jump to Real Estate
- Erin shares a few tips to learn real estate investing
- How to grow your real estate business
- Here’s a real estate story from Erin you should not miss
[30:01 - 36:31] Erin’s Jump to Real Estate
- What’s next for Erin and her team at Quattro Capital?
- 9 deals closed in the last 12 months
- Erin’s biggest win in real estate
[36:32 - 41:34] Closing Segment
- Connect with Erin
- Links below
- Final words from Erin and me
Tweetable Quotes:
“[Life is] about having an abundance and freedom to do whatever it is that you wanted.” - Erin Hudson
“When you do the right thing for people...word gets out and your business grows.” - Erin Hudson
Resources mentioned:
- Book: Rich Dad Poor Dad
Connect with Erin on LinkedIn or call her at 949-510-3351. Check out Quattro Capital and work with a high-performance team that brings wealth and freedom to their clients!
Guest email: Erin@thequattroway.com
Connect with me:
https://www.5tcre.com/
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Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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We have been hearing about 1031 exchanges in the past 100+ episodes of our podcast, scratching the surface just enough to be familiar with it. However, what exactly is a 1031 exchange? In this episode, Michael Brady of Madison 1031 guides us in a crash course about 1031 exchange and how it has been used historically. Our discussion will also include the ways of creatively using it in our real estate investing, particularly with regard to multifamily properties.
Let’s listen to Michael and learn more about 1031 exchanges in 2021!
[00:01 - 05:24] Opening Segment
- Let’s get to know Michael Brady
- Connect with Michael
- Links below
[05:25 - 15:35] Deferred Exchange vs. 1031 Exchange
- Deferred Exchange vs. 1031 Exchange
- What’s the difference?
- Learn more about qualified intermediaries from Michael
[15:36 - 27:13] What You Should Know About 1031 Exchanges
- Planning to do 1031 exchanges all your life?
- Here’s Michael’s advice for you
- Michael tells us why you should talk with your accountants
- Don’t miss these insights from Michael about the 200% Rule
[27:14 - 39:12] Real Estate Syndication
- The issue about syndication that you should know
- Here are some creative ways to use 1031 exchanges
- Michael breaks down the “drop and swap”
[39:13 - 49:36] Closing Segment
- Why you should need someone like Michael
- Final words from Michael and me
Tweetable Quotes:
“You can continue to do 1031 exchanges during the course of your lifetime.” - Michael Brady
“When we talk about a 1031 exchange, we’re always looking [at] who the taxpayer is.” - Michael Brady
Connect with Michael on LinkedIn, check out Madison 1031, and get a perfect 10 service in all kinds of exchanges!
Guest email: mbrady@madison1031.com
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https://www.5tcre.com/
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Do you still remember what you’re doing in your early 20’s? Our guest for today is a 22-year old real estate investor who at 20 years of age managed to buy 199 units worth $5.5 million. He currently invests in Austin, Texas with his partner and is primed for a successful career in real estate with his “desperation” alone.
Kyle Marcotte joins us in this episode to talk about the desperation he felt that pushed him to leave school behind and pivot to real estate investing. He also shares his philosophy, “Own Your Time,” which guides every life decision he makes today. Kyle is indeed a living proof that age is just a number and real estate can be for everyone.
Let’s listen to Kyle and invest in real estate in your 20’s!
[00:01 - 07:13] Opening Segment
- Let’s get to know Kyle Marcotte
- 199 units worth $5 million+ at age 20
- His path to real estate investing
[07:14 - 18:49] Desperation the Mother of Invention
- How desperation plays in Kyle’s decision to leave school
- All or nothing
- Don’t miss this advice from Kyle to invest in real estate
- There’s only 1 shot in this life
- How to convince people to invest with you if you don’t have experience
- Listen to Kyle
[18:50 - 31:45] “Own Your Time” As A Philosophy
- Kyle breaks down his process to raise capital
- The 2 tips that absolutely work in real estate investing
- Connect with Kyle
- Links below
- Listen to Kyle’s “Own Your Time” philosophy
[31:46 - 39:11] Closing Segment
- Where does wisdom start?
- Kyle’s morning routine
- Final words from Kyle and me
Tweetable Quotes:
“No amount of approval from anyone or anything will ever really satisfy you.” - Kyle Marcotte
“If you can prove that you have good character by just being authentic, then I think you’re gonna go really far.” - Kyle Marcotte
Resources mentioned:
- Rich Dad Poor Dad
- Tony Robbins
- BiggerPockets
- Grant Cardone
- Craigslist
Connect with Kyle on LinkedIn, Facebook, YouTube, and Instagram. Check out his personal website and start accelerating your retirement! Listen to his podcast.
Guest email: kyle@kylemarcotte.com
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https://www.5tcre.com/
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After more than 100 episodes, we’ve already shown that mindset is as important in real estate as education. In today’s episode, we’re going to talk about mindset again and how it can help us in our real estate investing. The difference this time is we’re going to draw from our guest’s experience as an Ultra Runner.
Jason Yarusi is an active syndicator managing 800 units with $75 million in real estate holdings. He is the voice behind the Multifamily Live Podcast, a workout enthusiast, father, and husband. His achievements make it look like he’s reached the finish line, but Jason is not done yet.
Let’s listen to Jason and raise millions or find value where no one is looking!
[00:01 - 04:53] Opening Segment
- Let’s get to know Jason Yarusi
- Active syndicator
- Podcast host
[04:54 - 14:33] Relevance of Mindset in Real Estate
- Jason talks about the power of consistency
- Why the right mindset is relevant in real estate
- Listen to our exchange on clearing limiting beliefs
[14:34 - 25:50] Active and Passive Investing Tips
- Don’t miss Jason’s tips on passive investing
- Here’s an active investing tip from Jason you shouldn’t miss
- Why it’s good to know what you do NOT want first
[25:51 - 37:23] 100-Mile Stories
- Listen to Jason’s “100-mile” stories
- What does his first deal look like?
- What you should realize about real estate investing
[37:24 - 43:10] Closing Segment
- Connect with Jason
- Links below
- Final words from Jason and me
Tweetable Quotes:
“You will not have the best every day but you find ways to win every day and it makes every day better...” - Jason Yarusi
“Real estate is this open ocean where you can do anything but you can’t do everything.” - Jason Yarusi
Resources mentioned:
- Rich Dad, Poor Dad
- The ABCs of Real Estate Investing
Connect with Jason on LinkedIn, Facebook, YouTube, Twitter, and Instagram. Check out Yarusi Holdings to learn more about his story and how he can help you on your real estate journey! Listen to his podcast.
Guest email: jason@yarusiholdings.com
JOIN the Multifamily Live Conference on 10-12 June 2021! Get your virtual ticket here.
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https://www.5tcre.com/
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Sean Katona is someone you’d want to get in touch with. He’s jumped from Microsoft to single-family to commercial real estate, earning a ton of valuable experience that has helped him lead more than 75 deals from renovation to new builds. His portfolio includes shopping centers, retails, apartments, storage, and single-family rentals. Today, he joins us to share his personal mission of guiding investors to have better returns with less risk in the real estate space.
Let’s listen to Sean earn an extra comma and more zeros in real estate!
[00:01 - 05:23] Opening Segment
- Let’s get to know Sean Katona
- From tech to real estate
- His story on a rental property turned an accidental flip
[05:24 - 15:47] Double The Value
- Listen to Sean’s real estate approach you should learn too
- What’s Sean doing right now?
- Doubling value
- Don’t miss this project management advice from Sean
[15:48 - 25:26] Project Management
- What most people outside real estate don’t understand
- Juggling 50 deals in the single-family space
[25:27 - 35:18] Metrics To Analyze
- Sean’s one major metric you should look at too
- The markets that Sean is investing in right now
- Connect with Sean
- Links below
[35:19 - 45:18] Reasons for Investing
- Why Sean is active in social media and why you should be too!
- Why you should be investing in real estate now
[45:19 - 47:22] Closing Segment
- Final words from Sean and me
Tweetable Quotes:
“Get in the game because what real estate has done for our financial situation...it created more wealth for us than anything else that we’re doing outside.” - Sean Katona
“The vast majority of our net worth is in real estate for a lot of reasons.” - Sean Katona
Resources mentioned:
- Clubhouse
- Rackspace
Connect with Sean on LinkedIn, Facebook, YouTube, and Instagram. Check out his website to learn more about his story and visit Simplified Properties to #GETintheGAME and earn better returns with less risk on your real estate journey.
Guest email: sean@simplifiedproperties.com
Connect with me:
https://www.5tcre.com/
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Nate Ohlrich’s journey to 600+ doors worth over $40 million started because he was able to find his “why” early on. His personal mission is to help investors find off-market opportunities through the 5 secrets he believes helped him to get to where he is now. His “why” is only second when we asked him what the most important secret was. The most important thing for Nate is something you’ve heard already. He also gave a few interesting ideas about being an entrepreneur. Is entrepreneurship for everyone?
Let’s listen to Nate to learn how he helps investors find off-market opportunities!
[00:01 - 06:13] Opening Segment
- Let’s get to know Nate Ohlrich
- 10 years as owner of retail nutrition stores
- From brokerage to real estate investment
[06:14 - 17:09] Find Your “Why”
- Nate talks about the evolution of his business models
- Are you trying to invest in real estate?
- Here’s Nate’s advice for you
- The first 2 steps to invest in real estate successfully
[17:10 - 31:18] Off-Market Opportunities
- Don’t limit yourself to reading books and listening to podcasts
- Nate tells you what to do next
- The amazing part of being a passive investor
- The most important step in real estate investing for Nate
[31:19 - 37:15] Closing Segment
- He breaks down his first real estate deal
- Connect with Nate
- Links below
- Final words from Nate and me
Tweetable Quotes:
“If you don’t have that hunger, then taking the risk of doing something entrepreneurial, maybe, that’s not for you, which is fine.” - Nate Ohlrich
“You need to start talking to people that are doing what you wanna be doing.” - Nate Ohlrich
Resources mentioned:
- Book: Extreme Ownership
- Podcast: BiggerPockets Daily
Connect with Nate on LinkedIn, Facebook, YouTube, and Instagram. Check out his website to learn how he can help you achieve double digit returns through hands-off real estate investments.
Guest email: natecre@natecre.com
FREE EBOOK from Nate here.
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Monick Halm is used to being the only woman in the room, but she doesn’t want other women to feel the same. She recognizes the power of having a stable passive income stream and is on a mission to help her fellow women realize it too. She joins us today to talk about that mission, her real estate journey, and the traits she’s looking for in an investment partner. Monick is not about earning the most money possible. She’s more on leaving a community better than when she found it.
Let’s listen to Monick and learn her road to 1 million financially free women in real estate!
[00:01 - 05:03] Opening Segment
- Let’s get to know Monick Halm
- Her path to real estate
[05:04 - 16:00] A Stable Passive Income
- How Monick handled losing her job while being pregnant
- Here’s why women should invest in real estate according to Monick
- She talks about her first deal in real estate
- What part is her favorite?
[16:01 - 26:09] Industrial Investments
- Why invest in the industrial space
- Listen to Monick
- Monick’s thoughts about the risk in real estate
[26:10 - 36:47] The 3 C’s of a Person
- Don’t miss this passive investing advice from Monick!
- The 3 C’s to look for in a person
- Not just in real estate, but also in life
- Connect with Monick
- Links below
[36:48 - 39:43] Closing Segment
- Final words from Monick and me
Tweetable Quotes:
“I will only invest where we can leave a property and a community better than when we found it.” - Monick Halm
“Work with the best. They won’t cost you money. They’ll make you money.” - Monick Halm
Resources mentioned:
- Rackspace
Connect with Monick on LinkedIn, Facebook, and Instagram or check out Real Estate Investor Goddess to learn more about her personal mission. Listen to her podcast!
You can also connect with the Real Estate Investor Goddess on LinkedIn, YouTube, Twitter, and Instagram.
Guest email: monick.halm@gmail.com
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Profit, Project, and Philanthropy are 3 P’s that guide Derek Alexandrenko’s life and real estate journey. There’s another P that comes first, which Derek will be happy to talk about in this episode. That first P is crucial to have a successful experience in real estate. That P is as important in passive investing as it is inactive investing. It’s something you’ve heard already. Do you have an idea now what that P is?
Let’s listen to Derek and learn the 4 P’s of life!
[00:01 - 05:59] Opening Segment
- I introduce Derek Alexandrenko
- His path to real estate
[06:00 - 16:34] Entrepreneur At Heart
- When did Derek realize he’s meant to be an entrepreneur?
- He talks about build-to-rent and why you should try it
- His mindset in real estate that you should know too
[16:35 - 26:11] The 4 P’s of Life
- Derek debunks the idea that real estate is time-consuming
- Listen to his thoughts
- Don’t miss Derek’s tips for active investors
- The 4 P’s in Derek’s life
[26:12 - 36:27] The Right Partner in Real Estate
- The right partner will be a big part of your success
- Listen to Derek
- Are you a passive investor?
- Here’s Derek’s advice for you
- Connect with Derek
- Links below
[36:28 - 41:07] Closing Segment
- Final words from Derek and me
Tweetable Quotes:
“[Real estate] doesn’t have to take up all your time if you do it the right way.” - Derek Alexandrenko
“If you choose to be active, the most important thing is just who you associate with.” - Derek Alexandrenko
Resources mentioned:
- Kingdom Capitalists
Do you want to know more about the built-to-rent model? Reach out to Derek on LinkedIn and check out Hammerhead Capital.
Guest email: derek@hammerheadcap.com
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We have recently celebrated International Women’s Day, and it is only fitting that we invite a role model that millions of women around the world can emulate. Deep Paknikar has a deep understanding about her unique situation as a woman in tech, a demanding industry where many of its employees are investing in stocks. The result of this understanding led to her creating $5 million in value in real estate while working full-time in the tech industry. How did she manage to do it?
Let’s listen to Deep and learn Growth opportunities for women in real estate!
[00:01 - 04:24] Opening Segment
- Let’s get to know Deep Paknikar
- Why she pursued real estate while in the tech industry
[04:25 - 13:10] A Unique Opportunity in Real Estate
- The way to invest in real estate according to Deep
- The first step is networking
- There are many commonalities in diversity
- Listen to Deep
- A unique opportunity in real estate you should grab now
[13:11 - 25:16] Fears To Overcome in Real Estate Investing
- Deep shares a message to women in tech you shouldn’t miss
- Diversify your portfolio with these tips from Deep
- The fears to overcome to invest in real estate
[25:17 - 38:01] Is Real Estate Easier Than Stocks?
- Don’t miss these 2 tips from Deep to reduce your risk in real estate
- The resources to help you predict real estate demand
- Why starting small in real estate is good for you
- Listen to Deep
[38:02 - 38:54] Closing Segment
- Connect with Deep
- Links below
- Final words from Deep and me
Tweetable Quotes:
“You really need to diversify enough [so] that you have a pretty stable, balanced portfolio.” - Deep Paknikar
“...the education aspect is so critical and there's a lot of free material available out there...so you can educate yourself.” - Deep Paknikar
Resources mentioned:
- CoStar Commercial Real Estate Market Analytics
- City-Data
Call (425) 272-5398 to reach out to Deep or connect with her on LinkedIn. Check out Investorina and let her help you in your real estate journey.
Guest email: dpaknikar@investorina.com
COMING SOON: Deep’s podcast about real estate investing
SUPPORT UNDERPRIVILEGED WOMEN by buying from the Higher Sensibility Company
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Investing in real estate alone is hard. That’s why many investors opt for syndications to leverage other people’s money in investing in large multifamily deals. Sergio Pejoves was able to pull it off though. No syndications. Just him and his relentless pursuit of financial freedom and generational wealth.
Today, Sergio will walk us through his path to real estate and the steps he took to acquire about $20 million in assets under management. He’s come a long way since migrating from Peru when he was in his 20’s. Have I also mentioned he only had $400 in his pocket when he arrived here?
Listen to Sergio and learn how to buy your first large multifamily without bank loans!
[00:01 - 07:00] Opening Segment
- Let’s get to know Sergio Pejoves
- A life-changing deposit that 3x his investment
- How Sergio’s path to real estate started
[07:01 - 17:14] No Syndication
- Who made him realize the power of connecting with people?
- Here’s Sergio’s tactic before getting leads in real estate
- Buy property one at a time or scale through multifamily?
- Sergio weighs in
[17:15 - 28:12] Bridge Loan and Seller Financing
- Buying 25 houses with his cash alone
- Why and how?
- Sergio talks about his first multifamily experience
- Don’t miss the lessons he learned from this!
- Don’t miss our tips for passive investors!
[28:13 - 38:01] Creative Financing
- Hear Sergio’s story about this 92-unit deal he closed
- How to do this creatively
- The mindset you need to close a multifamily deal without syndication
[38:02 - 42:15] Closing Segment
- Connect with Sergio
- Links below
- Final words from Sergio and me
Tweetable Quotes:
“You have to have a relationship with everybody. Real estate is a team sport.” - Sergio Pejoves
“You really have to be proactive and be relentless.” - Sergio Pejoves
Resources mentioned:
- Tony Robbins
- Robert Kiyosaki
- Donald Trump
- Project Bungalows
Connect with Sergio on LinkedIn and Instagram. Check out Worth Avenue Capital Group to learn more about their services or visit them on Facebook.
Guest email: sergio@worthaverei.com
Connect with me:
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Invest early and learn the power of compounding, our elders advised. The advice that Anthony Vicino wished he learned early, though, is not about investing your money, but investing in your relationships with people. Anthony joins us in this episode to talk about the power of building relationships early, especially in the real estate industry, and the rules to follow in investing passively. He also discusses the 4 spheres of influence to make your life better. The first 3 are mindset, health, and wealth. The last one is related to relationship-building.
Listen to Anthony and build relationships in real estate!
[00:01 - 06:40] Opening Segment
- Let’s get to know Anthony Vicino
- Author
- Investor
- Apartment syndicator
- Podcast host
[06:41 - 14:12] Preparing For A Deal
- Anthony walks us through his path to real estate
- Listen to Anthony’s life philosophy
- How Anthony prepares for a deal
[14:13 - 26:23] 4 Spheres of Influence in Life
- The 4 spheres of influence in life
- The bread and butter of Invictus Capital
- Listen to Anthony
- Treat people without a dollar sign on their faces
- Anthony explains
[26:24 - 40:11] Building Relationships in Real Estate
- Invest in relationships now
- Anthony tells us why
- Listen to Anthony’s approach in raising capital
- How to invest passively in real estate
[40:12 - 45:42] Closing Segment
- Connect with Anthony
- Links below
- Final words from Anthony and me
Tweetable Quotes:
“Don’t treat people like you just see a dollar sign on them. Treat them like good people“ - Anthony Vicino
“Put in the relationship capital and start right now.“ - Anthony Vicino
Resources mentioned:
- Rackspace
- Cutco
- Brian Burke
- Forrest Corral
Connect with Anthony on LinkedIn and Instagram. Check out Invictus Capital and their YouTube and LinkedIn pages to learn more about their services. Listen to Multifamily Investing Made Simple.
Guest email: anthony@invictuscapitalventures.com
GRAB THIS FREE EBOOK to start passively investing in multifamily.
Watch out for their upcoming book!
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https://www.5tcre.com/
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I’m sure we have non-US citizens who are planning to invest in real estate in the country either as an individual or as a corporation. If you are one, this episode is for you. Kenneth Kastner, a tax accountant currently based in Israel, joins us today to talk about how he helps foreign investors with their real estate investments in the US. While US real estate can be a lucrative investment for foreign investors, it can also be a huge headache. Avoid such headaches by learning the different tax strategies you can leverage and the things you should know to avoid double taxation.
Let’s listen to Kenneth and start investing in real estate from overseas!
[00:01 - 05:03] Opening Segment
- Let’s get to know Kenneth Kastner
- Tax accountant
- His market is foreign investors
[05:04 - 15:24] Real Estate Investing for Foreign Investors
- Are you a foreigner planning to invest in the US?
- Listen to Kenneth
- Even foreign investors can benefit from this tax strategy
- Avoid double taxation with these tips from Kenneth
[15:25 - 27:40] US Tax For Foreign Investors
- How foreign investors can leverage 1031 exchanges’
- Corporate tax vs. Individual tax
- Kenneth breaks it down
- How to start investing in the US real estate market?
[27:41 - 35:56] FIRPTA and ITIN
- Kenneth breaks down FIRPTA for foreign investors
- Things foreign investors should know about ITIN
- Connect with Kenneth
- Links below
[35:57 - 39:17] Closing Segment
- Final words from Kenneth and me
Tweetable Quotes:
“Go in with your eyes open, not with your eyes closed.“ - Kenneth Kastner
“It’s really crucial to do the planning...also understand basic concepts of US tax.“ - Kenneth Kastner
Resources mentioned:
- Internal Revenue Service
Connect with Kenneth on LinkedIn and Facebook and check out his website to learn more about his services.
Guest email: kennethdkastner@gmail.com
Connect with me:
https://www.5tcre.com/
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Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Alex Olson leverages his 15 years of experience in the financial services and tech industry to serve real estate investors. He supports his clients in identifying opportunities whether on or off-market and on identifying, vetting, and adding value to multifamily real estate transactions. If you’re someone who’s looking for properties through a broker, tune in now.
Let’s listen to Alex and get the attention of a broker!
[00:01 - 04:50] Opening Segment
- Let’s get to know Alex Olson
- He walks us through his path to real estate
[04:51 - 16:36] Real Estate Brokerage
- Build your wealth with real estate
- Listen to Alex
- Alex didn’t want to sell houses before
- Why did he still pursue real estate?
- Learn his specialty as a broker in the industry
[16:37 - 26:59] 1031 Exchanges
- Alex talks about the services that Clemons Real Estate offers
- He breaks down 1031 exchanges and why you should know it
- Don’t miss this reminder from Alex!
[27:00 - 38:13] Getting the Broker’s Attention
- Get a broker’s attention with these tips from Alex!
- Alex shares an advice to look for off-market properties
- When should you go off-market?
[38:14 - 44:38] Closing Segment
- Connect with Alex
- Links below
- What to look for in a broker?
- Final words from Alex and me
Tweetable Quotes:
“I think a good broker will take the time to provide you some good properties to look at...even if it’s one that they’ve sold.“ - Alex Olson
“It’s all about time and where you’re spending your time.“ - Alex Olson
Call 816-591-0825 to connect with Alex or connect with him on LinkedIn and Facebook. Check out Clemons Real Estate and their LinkedIn, YouTube, and Instagram pages.
Guest email: alex@clemonsrealestate.com
Connect with me:
https://www.5tcre.com/
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Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Dusten Hendrickson believes that many real estate investors still underestimate the power of passive investing. That’s why he’s helping his clients invest passively using his creative strategies and his years’ worth of experience in the industry that started in 2003. He calls passive income from real estate “mailbox money,” which he will break down in this episode. Mailbox money can help investors free up their time and do the things they want in life.
Let’s listen to Dusten and create the ultimate lifestyle with real estate!
[00:01 - 07:03] Opening Segment
- Let’s get to know Dusten Hendrickson
- He walks us through his path to real estate
[07:04 - 17:01] Beyond Assets Under Management
- How Dusten identified his strengths
- Look beyond the assets under management
- Listen to Dusten’s tips
- The power of passive investments according to Dusten
[17:02 - 30:23] Mailbox Money And More
- Dusten breaks down mailbox money and how you can earn it
- Here are the reasons you should syndicate in real estate
- Do you want to earn money while doing almost nothing?
- Listen to Dusten
[30:24 - 40:59] From Thinking to Doing
- Don’t be a skeptic according to Dusten
- Learn to trust and verify
- Here’s Dusten’s reminder for investors in looking for a deal
- How to shift from thinking to doing
- Listen to Dusten’s tips
[41:00 - 50:59] Closing Segment
- Connect with Dusten
- Links below
- Accelerate the growth of your net worth by giving more
- Final words from Dusten and me
Tweetable Quotes:
“You should always partner with someone that's the complete opposite of you before you bring in anyone else that’s like you.“ - Dusten Hendrickson
“...you have the chance of making a lot more money when you team up with good operators.” - Dusten Hendrickson
Resources mentioned:
- Book: Now, Discover Your Strengths
Call 605.691.1933 to reach out to Dusten or connect with him on LinkedIn and Facebook. Check out his website.
Guest email: Mailboxmoneyre@gmail.com
Connect with me:
https://www.5tcre.com/
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Email us --> abel@5tcre.com
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John Manes never went to college and had to go to 3 schools in his senior year just to graduate from high school. He started his real estate career with only 160 dollars. He has many excuses to give up on his dreams, yet he persevered.
Today, he is the Chief Executive Officer of Pinnacle Storage Properties, one of the fastest-growing storage companies in the US. He has invested in more than $120 million on top of decades worth of experience in the real estate space. Do you want to know how he achieved all these feats?
Let’s listen to John and learn more about passive investing in self-storage!
[00:01 - 05:18] Opening Segment
- Let’s get to know John Manes
- How 160 dollars started his real estate career
- Spent 17 years in retail
[05:19 - 13:13] Learning Real Estate
- How John became a 100-million dollar guy in real estate
- The 2 ways to learn real estate according to John
- John shares his thoughts about passive investing
[13:14 - 23:21] Compounding Your Investments
- The power of compounding according to John
- Why you should invest NOW
- What you should keep in mind in passive investing
- John doesn’t really invest in deals
- He explains
[23:22 - 33:16] Educating Yourself
- Formal education vs. knowledge
- John weighs in
- Why self-storage is one of the best assets available
- Connect with John. Links below
[33:17 - 35:19] Closing Segment
- Final words from John and me
Tweetable Quotes:
“When you want to go learn about real estate, I always say you can either buy it or you can go learn it.“ - John Manes
“Bluntly, we invest in people. We don’t invest in deals.“ - John Manes
Resources mentioned:
- Life Storage
- Tony Robbins
- Jake & Gino
- Marques Ogden
- Lorenzo Gomez III
- Jamie Hong
Call 210.818.1496 to reach out to John or connect with him on LinkedIn and Facebook. Visit Pinnacle Storage Properties and their LinkedIn, YouTube, and Facebook pages.
Guest email: John@johnmanes.com
Connect with me:
https://www.5tcre.com/
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Email us --> abel@5tcre.com
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Our awesome guest for today is Benjamin Kogut, Partner in Investor Relations at HJH Investments. Prior to commercial real estate syndication, Benjamin was a real estate broker for over 15 years, passionate about helping investors make wise decisions. In this episode, he will break down the process that helped his team acquire over $300 million in assets under management. Benjamin will also talk about a few creative strategies to gain tax advantages from real estate.
Let’s listen to Benjamin and learn more about commercial real estate syndication!
[00:01 - 04:13] Opening Segment
- Let’s get to know Benjamin Kogut
- Real estate broker for 15+ years
- Shifted to real estate syndication
[04:14 - 14:25] Going Above and Beyond
- The main thing to consider in real estate brokerage
- The secrets to $300M+ in assets under management
- Learn this real estate advice from Benjamin you can apply now!
[14:26 - 24:00] Not Taking It Personally
- Benjamin breaks down this $27M deal they closed
- Listen to Benjamin’s mentality that you might want to apply too
- Why a certain level of indifference is okay
- Benjamin gives us a sneak peek at his book!
- Link below
[24:01 - 32:10] Being Financially Literate
- The 4 rules of cash that Benjamin learned
- How to be financially literate in real estate investing
- Hear Benjamin’s advice
- Connect with Benjamin. Links below
[32:11 - 39:25] Closing Segment
- Learn these creative tax advantage strategies in real estate
- Cost segregation
- Accelerated depreciation
- Bonus depreciation
- He walks us through his very first real estate deal
- Final words from Benjamin and me
Tweetable Quotes:
“I’m not here to push anybody into a deal. Truly, truly, I’m not. I’m here to educate...” - Benjamin Kogut
“Being financially literate is extremely important as an industry in this business.” - Benjamin Kogut
Resources mentioned:
- William A. Sahlman
Follow Benjamin on LinkedIn, Facebook, Twitter, and Instagram. Visit HJH Investments and their LinkedIn, Instagram, and Facebook pages.
Guest email: ben@hjhinvestments.com
WATCH OUT for his upcoming ebook!
Connect with me:
https://www.5tcre.com/
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Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Monika Jazyk and Lucy Moy are passionate about helping other people building generational wealth through real estate, but first and foremost, they are proud moms of their children. Monika and Lucy join us today to break down the power of networking, the true meaning of wealth building, and the steps taken by successful real estate investors. You’ve probably heard about the true meaning of wealth for Monika and Lucy because it has been mentioned by a renowned personality already.
Let’s listen to Monika and Lucy to learn the true meaning of wealth-building!
[00:01 - 06:20] Opening Segment
- Let’s get to know Monika Jazyk and Lucy Moy
- Proud moms
- Passionate real estate investors
[06:21 - 18:08] The Power of Networking
- Why learning too much keeps us back according to Monika
- Focus on one strategy at a time instead
- Listen to our interesting exchange about networking
- The success of your network is your success too!
[18:09 - 31:02] True Meaning of Wealth Building
- Listen to Lucy to avoid the Shiny Object Syndrome
- Are you sure you don’t have money to invest?
- Listen to Monika
- The true meaning of wealth building
[31:03 - 37:24] What Sets Apart Successful Investors
- Monika talks about the services of Real Property Investments
- Connect with Monika and Lucy
- Links below
- Don’t miss their reminder for real estate starters!
[37:25 - 42:27] Closing Segment
- Why investors don’t progress in real estate
- Final words from us
Tweetable Quotes:
“Our true success was not achieved until we stopped and focused on one strategy at a time.” - Monika Jazyk
“My most successful clients are actually not investing the traditional way.” - Lucy Moy
Resources mentioned:
- Monika’s book: Real Estate Mistakes: Our Mistakes, Your Success
- Tony Robbins
Connect with Monika on LinkedIn, Facebook, Twitter, and Instagram. Reach out to Lucy on LinkedIn. Visit Real Property Investments and their Instagram, Facebook, and YouTube pages.
Guest email: mjazyk@yahoo.ca and lmoy22@yahoo.com
Connect with me:
https://www.5tcre.com/
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Leave us a review and receive your free ebook
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“Son of a pimp and an orphan.” These words will greet us when you search JeVon McCormick’s name on Google. And he’s not shy about it. JeVon joins us in this episode to talk about the role of mentors in our lives and the life pillars we should surround ourselves with. He also shares some tips for leaders to establish a culture that leads to successful businesses.
Let’s listen to JeVon and learn more about company culture!
[00:01 - 05:35] Opening Segment
- Let’s get to know JeVon McCormick
- Publishing giant
- Renowned speaker
[05:36 - 16:23] Put People First Always
- From JeVon to JT and back to JeVon
- Finding his identity
- The importance of diversity in a company
- Don’t miss JeVon’s leadership advice!
[16:24 - 26:35] Serve Your Own People
- JeVon talks about the “tribe culture” in his company
- How he handled the D’s and F’s on his grade sheets
- Why mentors are important, regardless of the industry
[26:36 - 32:03] Share Your Mistakes
- The best mentors do this thing
- We talk about the power of owning your own story
[32:04 - 39:30] Find Your Pillars
- Don’t believe you’re average
- JeVon tells us how
- Take these steps to find your pillars in life
[39:31 - 46:33] Closing Segment
- He talks about the services his publishing company offers
- Connect with JeVon. Links below
- Final words from JeVon and me
Tweetable Quotes:
“I learned more from my mistakes than any of my successes.” - JeVon McCormick
“No one works for me. People work with me. I’m no one’s boss.” - JeVon McCormick
Resources mentioned:
- Nassim Taleb
- David Goggins
- Rackspace
- Lorenzo Gomez IIII
Follow JeVon on LinkedIn, Facebook, Twitter, and YouTube. Visit Scribe Media and their Twitter, LinkedIn, Instagram, Facebook, and YouTube pages.
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Work hard, but make your money work harder for you. That’s what Adam Doran and I have talked about in this episode. We already know real estate can be a valuable source of passive income, but Adam will tell us why life insurance can make our real estate investing better--or specifically, more profitable.
Adam is a wealth advisor at Prevail Innovative Wealth Strategies, helping clients build sustainable, tax-advantaged wealth and long-term income. Before jumping into real estate, he was a police officer for 16 years.
Let’s listen to Adam and know why life insurance and real estate go hand-in-hand!
[00:01 - 06:19] Opening Segment
- Let’s get to know Adam Doran
- His path to real estate after 16 years as a police officer
[06:20 - 15:45] Investments of Wealthy People
- Where do wealthy people invest their money?
- He recalls his first year working in real estate
- Adam tells us the perks of multifamily
[15:46 - 27:55] Term vs. Whole Life Insurance
- The good problem to have in real estate for Adam
- Term insurance vs. whole life insurance
- Adam weighs in
- How to leverage your insurance policy
- A tax-efficient vehicle to build your family legacy
[27:56 - 37:22] Tax-Free Non-Reportable Retirement Income
- How to build a foundational capital strategy
- Adam explains
- Here are creative investing ideas from Adam you should hear
- How to get tax-free income in your retirement
[37:23 - 40:30] Closing Segment
- Connect with Adam. Links below
- Final words from Adam and me
Tweetable Quotes:
“A lot of the real estate investor clients I work for, family legacy is a big piece.” - Adam Doran
“Frankly, tax-free money that you don’t have to report to the IRS as an income in retirement trumps money that you have in a 401(k)...” - Adam Doran
Call 913.548.1447 to connect with Adam or follow him on LinkedIn. Visit Prevail Innovative Wealth Strategies and their Facebook, LinkedIn, and YouTube pages.
Guest email: adoran@prevailiws.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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The daily lives of a real estate developer and investor have some overlaps, but there are key differences that distinguish them from each other. Scott Choppin, Founder of the Urban Pacific Group of Companies, will walk us through his journey as a real estate developer and talk about a new housing innovation called Urban Town House, from which they have a historical internal rate of return of 22.66%.
Let’s jump into the episode and listen to the daily life of a real estate developer!
[00:01 - 07:24] Opening Segment
- Who is Scott Choppin?
- His path to real estate
[07:25 - 22:12] Setting Yourself Apart From The Rest
- Why entrepreneurial skills should be learned early
- Scott explains
- The difference between a real estate developer from an investor
- How he makes himself different from other developers
[22:13 - 36:44] Creating Stories with Social Impact
- Scott talks about his approach in real estate development
- How Scott discovered what he calls a “social impact story”
- Don’t miss Scott’s tips to choose your market
[36:45 - 43:02] Finding Networks of Capability
- What are “networks of capability” and why should you know it?
- GET A FREE ebook from Scott
- Link below
- Connect with Scott. Links below
[43:03 - 52:14] Starting in Real Estate Successfully
- Real estate developer or real estate investor?
- Scott will help you choose
- Should you be an intern for free?
- Scott weighs in
[54:15 - 54:50] Closing Segment
- Final words from Scott and me
Tweetable Quotes:
“Get a mentor, be an intern, or do a joint venture.” - Scott Choppin
“Learn from other people’s mistakes...avoid your own.” - Scott Choppin
Resource mentioned:
- Apartments.com
- Craigslist
- Zillow
- CoStar
- LinkedIn article: 6 Ways to Build a Career in the Real Estate Development Business
- Michael Blanc
- Cutco
Connect with Scott on LinkedIn, Facebook, Twitter, and Instagram. Visit The Urban Pacific Group of Companies to learn how Scott’s team implements the Urban Town House innovation!
FREE ebook from Scott here.
Guest email: choppin@urbanpacific.com
Connect with me:
https://www.5tcre.com/
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Steeve Breton is the Founder of Velocity Capital, LLC, which guides real estate investors to financial freedom with quality investments and education. Like me, Steeve had worked in the information technology space before jumping into real estate. He will talk about this successful jump and how you can do it too, his unique approach in real estate investing, and the steps you can take to make the most out of this industry.
Let's listen to Steeve and learn how to retire from work with real estate investments!
[00:01 - 05:57] Opening Segment
- Who is Steeve Breton?
- His transition from IT to real estate
[05:58 - 17:06] Real Estate Syndication
- How to be successful in a real estate syndication
- What you can do when you syndicate
- Find a property and build your team at the same time
- Steeve tells us how
- Ask yourself, “What value do you bring?”
[17:07 - 27:57] The Most Valuable Asset
- Steeve’s motivations for trying to make as much money as possible
- We talk about the most valuable asset you can have
- How he applies his IT skills to real estate
[27:58 - 36:34] Numbers To Find in a New Market
- What to look for in a market before investing
- Steeve’s criteria for choosing the right partner
- Build relationships better with these tips
- Connect with Steeve. Links below
[36:35 - 44:18] Opportunities Before Offers
- Don’t miss Steeve’s tips for real estate investors!
- When do you need a mentor?
- Why you should say “yes” more often
- Opportunities > offer
[44:19 - 46:18] Closing Segment
- Final words from Steeve and me
Tweetable Quotes:
“I just wanna make as much money as possible, not necessarily for the love of money, but more about ‘what can you do with that money?’” - Steeve Breton
“The more grateful you are, the more good things come.” - Steeve Breton
Resource mentioned:
- Rackspace
- Data USA
- US Bureau of Labor Statistics
- USA.com
- BestPlaces
Connect with Steeve on LinkedIn and Facebook. Visit Velocity Capital to learn how Steeve’s team can help you attain financial freedom with real estate.
Guest email: steeve@velocitycap.com
Connect with me:
https://www.5tcre.com/
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Real estate runs in Shannon Robnett’s blood. He belongs in a family involved in real estate--5 generations now--and continues to pay it forward in the last 40 years, focusing on the multifamily and industrial spaces as a developer.
His decade’s worth of experience in real estate led him to participate in over $200 million in construction projects including fire and police stations, schools, and industrial and mini storages. He didn’t do all this by himself, and that’s what he’s going to talk about today.
Let's listen to Shannon to know how to get started in real estate syndication!
[00:01 - 06:14] Opening Segment
- Let’s get to know Shannon Robnett
- 5 generations in the real estate
- College is an option, not a be-all, and end-all
[06:15 - 17:06] The Ultimate Value-Add
- We talk about the “ultimate value-add” in real estate
- What you should do if you want to bring a value-add
- Shannon wants you to remember this real estate advice
[17:07 - 30:23] A Community of Multifamily Syndicators
- Shannon talks about his approach in real estate
- He gives interesting insights about real estate partnerships
- Don’t focus on everything
- Shannon’s tips to start investing in real estate
[30:24 - 40:44] Success in Real Estate
- The belief that you can succeed in real estate
- Connect with Shannon! Links below
- Shannon shares 2 books you should read!
[40:45 - 44:35] Closing Segment
- Final words from Shanon and me
Tweetable Quotes:
“If I get people involved in the project to do what I don’t do or do what I don’t like to do, then maybe it’s gonna help me.” - Shannon Robnett
“If you’re the smartest guy in the room, you’re in the wrong room.” - Shannon Robnett
“The world is changing, but real estate [is not].” - Shannon Robnett
Resource mentioned:
- Book: Rich Dad Poor Dad
- Apartments.com
- Grant Cardone
- Book: Never Split the Difference
- Book: Money Master the Game
- Book: The Richest Man in Babylon
- Jim Rohn
Connect with Shannon on his website and social media pages: LinkedIn, Facebook, YouTube, and Instagram. Listen to this podcast.
Guest email: shannonrobnett@gmail.com
Connect with me:
https://www.5tcre.com/
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Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Chad Wittfeldt only started in real estate four years ago but has done over 350 units already. He doesn’t stop there though. Currently, he works as a brand development consultant who helps businesses take the next level and turn them into brands that convert.
Today, he will talk about this creative 4-step process to attract investors. If you think that you should be trustworthy first, then you need to listen to this episode.
Let's listen to Chad and know the steps to attract investors and build a brand that converts!
[00:01 - 04:44] Opening Segment
- Let’s get to know Chad Wittfeldt
- How a mountain biker led him to real estate
[04:45 - 14:23] From Chasing to Attracting
- The 2 main components of syndication for Chad
- How to pivot from chasing to attracting clients
- Chad shares his interesting approach in looking for partners
[14:24 - 25:47] The Steps to Attract Investors
- We talk about the importance of having avatars
- The 3 steps to take for people to invest in you
- He tells us why he enjoys brand development
[25:48 - 31:56] The Power of Automated Emails
- Are you ready to build a brand that converts?
- Reach out to Chad on the links below
- Chad gives his thoughts about the power of automated emails
[31:57 - 35:18] Closing Segment
- Chad’s parting advice for you
- Final words from me
Tweetable Quotes:
“If you’re trying to speak to everybody, you’re gonna end up speaking to nobody.” - Chad Wittfeldt
“If you’re not sharing anything about your life, your passions, your hobbies, your goals outside of real estate, you’re missing a huge audience that you otherwise would connect with.” - Chad Wittfeldt
Resource mentioned:
- Rackspace
- Adam Adams
Connect with Chad on LinkedIn and Facebook. Check out BlueSpruce Holdings and their Facebook, YouTube, and LinkedIn pages.
Guest email: chad@realbluespruce.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
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Forrest Corral serves as the Chief Investment Officer (CIO) for Praxis Capital, responsible for investment strategy, acquisitions, and dispositions of the company.
As the CIO, he has managed to convert more than 3,000 multifamily units into condominiums, which is only one of his many achievements in his over 25 years of experience. Today, he joins us to talk about the steps he’s taking to add tons of value to his company and to the industry in general.
Listen to Forrest and learn how he’s buying billions of dollars of multifamily!
[00:01 - 06:46] Opening Segment
- Let’s get to know Forrest Coral
- A “financial mercenary”
- He talks about his humble beginnings in real estate
[06:47 - 16:08] Build Generational Wealth
- Why “timing is everything” for Forrest
- Do you want to build generational wealth?
- Real estate is a way to go
- The secret to starting your real estate career
[16:09 - 28:27] Find the Available Data
- Forrest shares their approach to look for deals
- The metrics you should consider when looking for markets
- The role of natural disasters in driving up real estate demand
[28:28 - 40:10] Don’t Always Rely on Gut Feeling
- How Praxis Capital leverages the skillsets of its members
- Don’t trust your gut feeling all the time
- Forrest explains
- Are you planning to buy new multifamily deals?
- Here are Forrest’s advice for you
- What he means by “buy and watch”
[40:11 - 49:52] Closing Segment
- The foundation of success and reason for failure for Forrest
- Connect with Forrest! Links below
- Final words from Forrest and me
Tweetable Quotes:
“If anybody is thinking about being in this business, it’s just about starting and it’s about not giving up.” - Forrest Corral
“You could be lucky some of the [time] but you can’t be lucky all the [time] with your gut. You gotta look at facts” - Forrest Corral
Resource mentioned:
- Ernst & Young
- Brian Burke
- Book: The Hands-Off Investor
Connect with Forrest on LinkedIn and Instagram. Check out Praxis Capital, Inc and their Twitter, Facebook, Instagram, and LinkedIn pages.
Guest email: forrest@praxcap.com
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https://www.5tcre.com/
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Welcome to the Season 1 finale of our show! In this special episode, we have Grant Cardone, the leader of the 10X Movement. Grant helps people all over the world to learn strategies that 10X their businesses, 10x their income, and 10x their lives.
He drops a ton of golden nuggets for passive and active investors and shares his experience in building a million-dollar business from scratch for the reality show, Undercover Billionaire.
Let’s listen to Grant and learn how to build a million-dollar business in 90 days!
[00:01 - 05:48] Opening Segment
- Thank you for listening to our 100th episode!
- More to come on our second season
- Let’s get to know Grant Cardone
[05:49 - 15:49] Go Big On Your First Deal
- What’s Grant doing right now?
- The most important number in real estate for Grant
- Not the cap rate, ROI, IRR, or interest rate
- Don’t miss Grant’s advice for passive and active investors!
- Why your first deal should be big
[15:50 - 22:59] From Zero to Million Dollars in 90 Days
- Grant wants you to ask this question ‘
- “What is the deal?”
- The partners you should look for in a deal
- How Grant brought impact to an entire industry
- Building a million-dollar business from scratch
[23:00 - 24:48] Closing Segment
- Connect with Grant! Links below
- Final words from me
Tweetable Quotes:
“The first deal you should do, you should invest with somebody who’s done deals.” - Grant Cardone
“Keep growing, folks! Keep growing, keep dreaming, keep thinking big. 10X, man.” - Grant Cardone
Resource mentioned:
- Clubhouse
- J.P. Morgan
- Blackstone
- Equity Residential
- Greystar
- Greystone
Connect with Grant on his website and follow him on YouTube, Facebook, Instagram, and LinkedIn.
Guest email: info@grantcardone.com
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Brian Burke is a 30-year real estate investor, a public speaker, and the author of “The Hands-Off Investor: An Insider’s Guide to Investing in Passive Real Estate Syndications.”
He has used his decade’s worth of experience in real estate to lead Praxis Capital, Inc., a vertically integrated real estate private equity investment firm that combines entrepreneurship and institutional infrastructure in their approach. Brian joins us today to share his real estate journey and talk about this specific investment vehicle to raise capital.
Listen to Brian and learn more about blind pool funds!
[00:01 - 04:59] Opening Segment
- Let’s get to know Brian Burke
- How did he end up in the real estate space?
[05:00 - 13:36] Building a Track Record and Reputation
- How Brian and his team managed the pandemic in 2020
- The reality about multifamily investing for Brian
- Are you a passive investor?
- Listen to Brian’s pitch about his new book!
[13:37 - 28:52] Knowing Blind Pool Funds
- Brian breaks down the blind pool fund
- Brian’s “ridiculously simple” step to get started in real estate
- He talks about his approach in building partnerships
[28:53 - 38:21] Growing Naturally in Incremental Steps
- His transition to multifamily syndication
- Brian shares how he has grown their company
- Connect with Brian! Links below
[38:22 - 45:06] Closing Segment
- Why you should sign up for BiggerPockets
- Final words from Brian and me
Tweetable Quotes:
“You have to do something that you can actually accomplish and use that as a stepping stone to the next thing that you’re gonna accomplish.” - Brian Burke
“Don’t find a duplicate of yourself as a partner. Find somebody that brings something you don’t.” - Brian Burke
Resource mentioned:
- The Real Estate Syndication Show
- Brian’s book: The Hands-Off Investor
- BiggerPockets
- BiggerPockets Real Estate Podcast
Connect with Brian on LinkedIn and Instagram. Check out Praxis Capital, Inc and their Twitter, Facebook, Instagram, and LinkedIn pages.
Guest email: brian@praxcap.com
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Leave us a review and receive your free ebook
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Grab the chance of learning from an underwriting expert by listening to today’s episode. Our guest for today is Rob Beardsley, Founder, and Principal at Lone Star Capital. Rob is also the voice behind the Capital Spotlight podcast and the author of the number one book on multifamily underwriting, “The Definitive Guide to Underwriting Multifamily Acquisitions.”
Listen to Rob and learn how to underwrite multifamily acquisitions better!
[00:01 - 04:36] Opening Segment
- Let’s get to know Rob Beardsley
- He walks us through his path to real estate
[04:37 - 10:10] The Best Time to Learn in Real Estate
- Rob’s secrets to acquiring $100 million in real estate
- Why Rob love real estate investing
- Listen to his reasons!
- When is the best time to learn in real estate?
[10:11 - 20:12] Underwriting Process Simplified
- Are you an introvert planning to invest in real estate?
- Here’s Rob’s advice for you
- Rob has learned real estate faster with these strategies
- Rob breaks down the underwriting process in real estate
[20:13 - 34:41] Underwriting Multifamily Acquisitions
- How to underwrite multifamily acquisitions
- Here’s why you should read Rob’s book
- Rob talks about this underrated topic you should know
- He gives his insights about the exit cap rate
[34:42 - 44:02] Preferred Equity
- Rob talks about the different approaches to preferred equity
- The 2 reasons investors seek preferred equity
[44:03 - 47:21] Closing Segment
- Connect with Rob! Links below
- Final words from Rob and me
Tweetable Quotes:
“...really the best way to learn is when things are tough.” - Rob Beardsley
“Rules are good rules but they also are made to be broken.” - Rob Beardsley
Resource mentioned:
- Joe Fairless
- Book: Rich Dad Poor Dad
- Book: The ABCs of Real Estate Investing
- Article: Six Secrets to “Juice Up” Your Underwriting
- Article: The Preferred Equity Manifesto
Connect with Rob on LinkedIn, Facebook, and YouTube.. Check out Lone Star Capital and listen to Rob’s podcast
Get a copy of Rob's Underwriting Model for FREE here.
Guest email: rob@lonestarcapgroup.com
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"There has to be something more..." Anthony Pinto has always known that he will not stay in the Navy forever. What he didn’t know was the path he would take after his service. He started looking for a job where he can apply his work ethic, earn passive income, work flexible hours, and travel around the world whenever he wants.
This led him to co-found Mission First Capital, a real estate fund for accredited and non-accredited military investors. Currently, he is the Principal and Co-Founder of Pinto Capital Investments and the voice of The Lessons in Real Estate Show.
Listen to Anthony and learn the real estate options available for military investors!
[00:01 - 05:56] Opening Segment
- Who is Anthony Pinto?
- His path from the military to real estate
[05:57 - 17:13] The Stability of Multifamily
- The hardest part of starting in real estate for Anthony
- How did he overcome it?
- The stability of multifamily according to Anthony
- Here’s a book that Anthony wants you to read
- He tells us why
[17:14 - 27:05] Military Lessons Applicable in Real Estate
- How did Anthony realize he could not do real estate alone?
- He talks about this career-defining event he attended
- The military lessons applicable in real estate for Anthony
[27:06 - 40:24] Real Estate Advice for Military Investors
- Listen to Anthony’s real estate approach!
- How Anthony is looking for military investors
- Anthony breaks down the Regulation A+ Fund
[40:25 - 46:29] Closing Segment
- Connect with Anthony! Links below
- Starting in real estate?
- Here’s Anthony’s advice for you
- Final words from Anthony and me
Tweetable Quotes:
“Multifamily is a relatively stable asset class...Everyone needs housing to survive” - Anthony Pinto
“Take an assessment of what you have to offer. That can be something like setting up a website or you go with social media.” - Anthony Pinto
Resource mentioned:
- Book: Rich Dad Poor Dad
- Book: Set For Life
- BiggerPockets
- Michael Blank
- Vinney Chopra
- Joe Fairless
- Matt Faircloth
- Neil Bawa
Connect with Anthony on LinkedIn and read his blog posts. Check out Pinto Capital Investments and their Facebook and Instagram pages.
Also visit Mission First Capital online and listen to his podcast.
Guest email: anthony@missionfirstcapital.co
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https://www.5tcre.com/
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Our guest for today is Hengjiang Mu, Co-Founder of All States Capital Group, LLC. All States Capital is a leading commercial and multifamily real estate investment company that buys distressed properties then adds value to them. Their value-add approach is called the ASCG Model, which Mu happily breaks down for us in this episode.
Let’s dive right and learn the secrets to transform distressed assets into value-add properties!
[00:01 - 05:21] Opening Segment
- Who is Hengjiang Mu?
- His path to real estate from China
[05:22 - 12:06] The Secret to Get Started
- Mu talks about this business model that worked for him
- He lays out his steps to learn real estate from scratch
- The 3 keys to start in real estate for Mu
[12:07 - 26:44] A Proven Business Model
- The strategy that can make investing easier and less risky?
- Mu explains
- Mu tells us why real estate is a team sport
- Mu breaks down their process to buy distressed value-add properties
[26:45 - 31:35] Creative Financing Tips
- Why Mu loves creative financing deals
- How to respond to deals that didn’t work
[31:36 - 34:59] Closing Segment
- Connect with Mu! Links below
- Final words from Mu and me
Tweetable Quotes:
“You don’t need to know everything to get a start. There’s nothing like a perfect time to start [in real estate].” - Hengjiang Mu
“Commercial real estate is nothing like a one-person show” - Hengjiang Mu
Connect with Mu on LinkedIn and Facebook. Visit All States Capital Group LLC to learn more about their work.
Guest email: mu@ascgus.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
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Our awesome guest for today is Bryan Underwood, Principal of Responsible Real Estate, Inc. He joins us today to talk about his real estate investing approach, which has helped him acquire over 1.5 million square feet of self-storage space now valued in the market at $200 million.
A man of faith, Bryan serves God by leveraging the opportunities in real estate to help other people. His purpose in life motivated him to follow a real estate approach that sounds so common yet so extraordinary. Are you ready to learn his approach?
Listen to Bryan and learn more about responsible real estate investing!
[00:01 - 06:43] Opening Segment
- Who is Bryan Underwood?
- He shares this career-defining apprenticeship
[06:44 - 16:59] A Memorable $50,000
- The lessons that Bryan learned from his first deal
- Byan recalls when he finished 22-month schooling in 13 months
- He tells us how to work with and learn from a tough mentor
[17:00 - 27:59] 2 Properties from 2,000 Deals
- Byan talks about their family business
- Bryan breaks down the “deal flow” and why you should know it
- The 2 things that keep people from taking action
[28:00 - 37:57] Response Ability
- When should you move on from your current job?
- Bryan weighs in
- Bryan breaks down the approach of Responsible Real Estate
- You might be interested in Bryan’s current ventures
[37:58 - 42:47] Closing Segment
- Connect with Bryan! Link below
- Final words from Bryan and me
Tweetable Quotes:
“If I’m not growing professionally if I’m not growing spiritually if I’m not growing with my wife and my family…it’s time to move on.” - Bryan Underwood
“I need to go do what God’s calling me to do...and that’s GROW.” - Bryan Underwood
Connect with Bryan on LinkedIn, Facebook, and Twitter. Visit Responsible Real Estate and their Facebook and LinkedIn pages to learn more about their work.
Guest email: bryan@responsiblere.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
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Publish. Promote. Profit.™ Wall Street Journal bestselling author Rob Kosberg has been doing this for a living ever since he exited real estate or, in his own words, ever since real estate exited him. Rob joins us today to break down the process that helps his clients transform from being an expert into bestsellers.
Let’s dive right and learn how to write a book and grow your business!
[00:01 - 07:55] Opening Segment
- Who is Rob Kosberg
- His path and exit to real estate
[07:56 - 17:45] Dave Ramsey on Steroids
- Rob’s big break after real estate
- Rob’s experience in writing his best-selling book
- How to be the hunted instead of the hunter
[17:46 - 29:26] The Road to a Bestselling Book
- A TED Talk formula to apply in a book
- The importance of these 2 C’s in book development
- The worst advice according to Rob
[29:27 - 36:09] Publish. Promote. Profit.™
- Rob’s “Publish. Promote. Profit.™” program
- Connect with Rob! Link below
[36:10 - 40:00] Closing Segment
- The beauty of documenting stories
- Final words from Rob and me
Tweetable Quotes:
“If you want ultimate credibility, it’s not enough just to have a book. You want like a legitimate bestselling book.” - Rob Kosberg
“One element of what we do is about helping people to write a book not for ego but for their audience to position them as an authority or as an expert....” - Rob Kosberg
Resources mentioned
- Evander Holyfield
- Kevin Harrington
- Rob’s book: Life After Debt
- Dave Ramsey
- Book: Wheelbarrow Profits
- Jake & Gino
Email rob@bestsellerpublishing.org to connect with Rob. You can also connect with him on his personal website, LinkedIn, Facebook, Twitter, and Instagram. Visit Best Seller Publishing to learn more about their work.
FREE ebook from Rob! Check it out here. Watch out for his next books!
Connect with me:
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We’re now close to 100 episodes, and a common takeaway I’ve been getting from our guests is this: real estate is a team sport. Arturo Borges, our guest for today, only echoes that takeaway by sharing with us the secrets that helped him build his ideal team in real estate.
Arturo is the Vice President of Business Development at Propfolio Management, a vertically integrated property, and asset management firm with $800 million in assets under management. Together with his partner, he started the first-ever real estate show in Spanish, Se Habla Real Estate, which aims to educate the Hispanic community in the United States about real estate investing.
Let’s listen to Arturo and learn how you can build your real estate team!
[00:01 - 06:49] Opening Segment
- Who is Arturo Borges?
- Arturo’s career-defining book
[06:50 - 15:51] Earn What You Want to Have
- Don’t miss Arturo’s secrets to start his real estate career
- The lessons he learned to be successful in real estate
- Arturo breaks down property management and asset management
- How to marry technology and real estate according to Arturo
[15:52 - 27:50]Be Transparent, Earn Trust
- If you see these qualities from a property manager, avoid them
- Arturo shares his mindset you’d want to follow too
- He shares this interesting insight about time
[27:51 - 35:49] Build Your Team
- The secrets to building your ideal real estate team
- How creativity and outside-the-box thinking helped Arturo
- Arturo’s advice for passive investors
[35:50 - 39:38] Closing Segment
- Connect with Arturo! Link below
- Final words from Arturo and me
Tweetable Quotes:
“Life doesn’t owe you anything. In life, you get what you get out of it.” - Arturo Borges
“We’re always underestimating what we can do. Always.” - Arturo Borges
“Time is not a matter of ‘if.’ It’s a matter of ‘when.’” - Arturo Borges
Resources mentioned
- Book: Why We Want You to Be Rich
Email arturo@propfoliom.com to connect with Arturo or call 305.785.5594. You can also connect with him on LinkedIn and Instagram. Visit Propfolio Management to learn more about their work. Let’s watch their real estate show!
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An 8-word sentence has done a lot more for Kavitha Baratakke than any other real estate advice she’s heard before. She will join us today to talk about those words and how they might also help you in your real estate journey. She will also break down her process that helped her acquire 2,200 units as a limited partner and 1,200 units as a general partner. It involves a few risk-taking strategies and her mindset to look for investors.
Tune in now and learn from Kavitha the right mindset in investor relations!
[00:01 - 05:59] Opening Segment
- I introduce Kavitha Baratakke
- Her journey to real estate
[06:00 - 16:05] Say No When Needed
- How to build an emotional connection with money
- Are you a general partner? Kavitha has a reminder for you
- The habit that Kavitha wants you to learn
[16:06 - 23:33] Pay It Forward
- Kavitha’s interesting thought about “paying forward”
- Different from “giving back”
- The other investment vehicles you can try
[23:34 - 34:24] Opportunity to Invest
- Kavitha recalled the time he met her mentor
- Reframe your mindset on looking for investors
- You’re not asking them for money
- Connect with Kavitha. Links below
- Listen to Kavitha’s tips to start as a general partner
[34:25 - 36:56] Closing Segment
- Learn from Kavitha! Link below
- Final words from Kavitha and me
Tweetable Quotes:
“Money comes and money goes… You just have to think about it as a resource that you can create and you can lose sometimes and you have to be okay with it.” - Kavitha Baratakke
“Invest in yourself. Invest in your education.” - Kavitha Baratakke
Email kavitha@cherrystreetinvestments.com to connect with Kavitha or call 512.659.6129. You can also connect with her on LinkedIn, Facebook,and Instagram. Visit Cherry Street Investments and their social media pages: Facebook, LinkedIn, Instagram, and YouTube.
Learn from Kavitha through her webinars. Check out this link.
Connect with me:
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Age is just a number, and our guest for today just proves it. Adrian Salazar, at 25 years old, already accomplished a lot in real estate, highlighted by his current portfolio of almost 9 million dollars in commercial real estate assets.
His investing approach is something that new investors should follow: The more deals you close, the more experience you will gain. How can we close more deals then? By saving the most precious resources we already have.
Tune in now and learn from Adrian the secrets to save yourself time, energy, and money in real estate!
[00:01 - 09:27] Opening Segment
- I introduce Adrian Salazar
- His road to the real estate space
[09:28 - 14:49] Passion and Purpose
- How long before Adrian made his first deal?
- Adrian talks about his passion and purpose
[14:50 - 20:59] Always on the Lookout
- The tactics from single-family that Adrian applies in multifamily
- Don’t miss Adrian’s advice on starting in real estate!
- 150- or 12-unit? It doesn’t matter
- Listen to Adrian’s approach in real estate right now
[21:00 - 32:43] Time, Energy, and Money
- What does SYSTEM mean for Adrian?
- Here’s Adrian’s advice for passive investors
- Know who you’re investing with
- The most important asset in real estate
[32:44 - 42:26] Hedge Fund
- Listen to Adrian’s plans to start a hedge fund
- All people should have at least one piece of real estate
- How to find new investors
- The best real estate partners have these qualities
[42:27 - 50:01] Closing Segment
- Connect with Adrian. Links below
- Don’t miss Adrian’s parting words!
- Final words from me
Tweetable Quotes:
“Get in and you’re gonna learn so much. It’s very hard to lose money in real estate. You have to really buy wrong. Even if you break even, you made money.” - Adrian Salazar
“Leverage other people’s projects.” - Adrian Salazar
Resources Mentioned:
- Jim Rohn
- Tony Robbins
- Robert Kiyosaki
- Bob Proctor
- Napoleon Hill
- Devin Elder
- Blackstone
- Zoom
- Secrets of the Millionaire Mind
- The Magic of Thinking Big
- Think and Grow Rich
- How to Win Friends & Influence People
- Rich Dad Poor Dad
Email Adrian at adrian@optimumbuyers.com or call him at 210-624-9001. You can also connect with him on social media: LinkedIn, Facebook, Twitter, Instagram, and YouTube. Visit Optimum Buyers to learn more.
Connect with me:
https://www.5tcre.com/
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Leave us a review and receive your free ebook
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Here’s a fellow ex-IT guy that I would like to welcome to our show for today. Ruben Dominguez served as an executive for several Software as a Service (SaaS) companies before diving into the real estate space.
He founded Totem Capital Group and co-founded Apartment Educators, helping people understand real estate better and guiding them to invest in the space successfully. Today, he shares his humble beginnings in real estate, his motivations for leaving an already lucrative position in the information technology world, and the mindset that led him to more than 50 million dollars in real estate and over 600 units.
Let’s jump into the episode and copy Ruben’s mindset in real estate!
[00:01 - 04:17] Opening Segment
- I introduce Ruben Dominguez
- Ruben’s “why” in real estate
[04:18 - 16:54] BRRRR Strategy
- Ruben walks us through his transition from IT to real estate
- Ruben’s 2 biggest lessons he’s applying in real estate
- The first one is about honesty
- What do you think is the other one?
- He talks about the BRRRR Strategy
[16:55 - 26:16] Mentorships and Partnerships
- What’s Ruben doing right now?
- Ruben suggests a story you should read
- He tells us the importance of mentors and partners
[26:17 - 40:03] The Right Real Estate Mindset
- Ruben talks about the services offered by Apartment Educators
- He shares the inconvenient truth about real estate
- The right mindset in real estate for Ruben
[40:04 - 47:45] Closing Segment
- Connect with Ruben. Links below.
- What’s next for Ruben?
- Ruben’s real estate advice for couples
- Final words from me
Tweetable Quotes:
“Be as truthful as you can with your customers.” - Ruben Dominguez
“Deals don’t happen. Deals are made.” - Ruben Dominguez
“If you think you can’t do it, you’re not gonna do it.” - Ruben Dominguez
Resources Mentioned:
- Rackspace
- Best Buy
- Devin Elder
- Tony Robbins
- Book: Psycho-Cybernetics
- Clubhouse
Connect with Ruben on LinkedIn or email him at ruben@totemcapitalgroup.com or ruben@apartmenteducators.com. Visit Totem Capital Group and Apartment Educators to learn more about their brilliant work.
Connect with me:
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Our awesome guest in this episode is my fellow Texas native, Robert Arzola. Robert is the Director of Capital Markets for JLL Capital Markets, a world leader in real estate that incorporates an entrepreneurial spirit in their services and a consistent member of the distinguished Fortune 500 list.
Today, Robert tells us the beauty of investing in multifamily and the secret to know if you’ve already met the best broker for you.
Let’s jump into the episode and learn the qualities of the best real estate brokers!
[00:01 - 09:49] Opening Segment
- I introduce Robert Arzola
- His path to real estate
- The power of asking questions
[09:50 - 17:04] Multifamily Industry’s Performance Now
- Robert talks about multifamily investing in San Antonio, Texas
- What’s the buzz word in real estate now for Robert?
- The importance of large datasets in decision making on real estate
[17:05 - 26:16] Notes for New Buyers
- Robert drops some tactics to get a listing
- Where to look for a property if you’re a new buyer?
- Robert shares his communication approach with new buyers
[26:17 - 40:10] The Best Brokers
- The behind-the-scenes of working with brokers
- The beauty of multifamily as told by Robert
- The best brokers have these qualities
[40:11 - 48:38] Closing Segment
- The questions buyers should ask the brokers
- Connect with Robert. Links below.
- Final words from me
Tweetable Quotes:
“Everything is negotiable and that’s the truth.” - Robert Arzola
“If after the conservation [with the broker] you can explain [the deal] to your grandmother...you know they know their stuff .” - Robert Arzola
Resources Mentioned:
- Marcus & Millichap
- National Multifamily Housing Council
- LoopNet
- Costars
- Apartments.com
Call Robert at +1 210 839 2042 (telephone) or +1 956 251 3282 (mobile). Connect with him on LinkedIn and Facebook. Visit their company’s website then learn more about their work in San Antonio, Texas here. Interested to deepen your knowledge on capital markets? Check out their capital markets page.
Guest email: robert.arzola@am.jll.com
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When we talk about an all-around real estate investor, we should include Matt Faircloth in the discussion. Matt is the President and Director of Investments of DeRosa Group, a privately owned real estate boutique firm that focuses on real estate development in Central New Jersey. Matt has taken another hat in recent years, documenting his journey across social media platforms.
As he makes his presence felt online, Matt has been connecting with more people on not only real estate but also visionary leadership, outside-the-box thinking, and other personal development subjects. Indeed, this is no ordinary episode.
These are two great guys talking real estate and more. Tune in now!
[00:01 - 06:03] Opening Segment
- I introduce Matt Faircloth
- His path to real estate
[06:04 - 17:33] Excitement in Real Estate
- He shares his reasons for documenting his journey across social media
- You will reduce your expenses with this real estate tactic
- Matt tells us why real estate is exciting
- Doing a lot or focusing on one
- Which will give you financial freedom?
- The magic words in real estate for Matt
[17:34 - 29:09] Opportunities in C-Class Assets
- Here’s Matt’s strategy to grow and scale in real estate
- Why Matt is focused on C-class assets
- What’s the potential of small multifamily properties?
[29:10 - 36:56] Perfect Property Manager for You
- Don’t work with this kind of property manager
- The other way to do real estate
[36:57 - 41:10] Closing Segment
- Connect with Matt. Links below.
- Final words from me
Tweetable Quotes:
“I wanna make money. I love money. It’s a great vehicle to help me live the life I want but I wanna make a difference to people’s lives.” - Matt Faircloth
“You can still get good deals that make sense in the smaller space.” - Matt Faircloth
Resources Mentioned:
- BiggerPockets
- Robert Kiyosaki
- Brandon Turner
- Matt’s book: Raising Private Capital
- Kingdom Capitalists
Connect with Matt on LinkedIn and Facebook. Visit their company’s website and YouTube channel. Access Matt’s resources by texting DEROSA to 66866.
Guest email: mfaircloth@derosagroup.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Scott Carson is the President and Chief Executive Officer of We Close Notes, a Texas-based real estate investment company looking for and purchasing nonperforming notes on residential and commercial properties. Scott’s knowledge and experience in this space earned him the title, “The Note Guy.” He will join us today to share his story, highlighted by more than 2000 real estate transactions and debt purchases worth half a billion dollars.
Listen to Scott, take down notes, and learn how to buy notes on residential and commercial properties!
[00:01 - 05:52] Opening Segment
- I introduce Scott Carson
- His path to real estate
[05:53 - 10:34] The Note Guy
- 2 ways to close deals worth $500 million with debts
- Scott’s story on how he became “The Note Guy"
- The best investments to be successful in real estate
[10:35 - 23:02] Banks and Hedge Funds
- Follow Scott’s real estate approach!
- Deal with banks directly
- Are you a real estate starter?
- Here’s Scott’s advice for you
- The biggest mistake in real estate for Scott
[23:03 - 33:34] Real Estate Opportunities
- Leverage other people’s time
- Scott’s insights on multifamily right now
- The opportunities that may knock for real estate investors
- What are Scott’s target markets?
[33:35 - 43:30] Closing Segment
- The mindset you need to do something worth $500 million
- Connect with Scott. Links below.
- Final words from me
Tweetable Quotes:
“See a need, fill a need,and fill a gap for a while.” - Scott Carson
“If you wanna do big things, you’re gonna have big commitments.” - Scott Carson
Resources Mentioned:
- Daymond John
Get in touch with Scott on LinkedIn and Facebook or listen to his podcast. Visit We Close Notes to learn more about their work. Get Scott’s book for FREE! See here.
Guest email: Scott@WeCloseNotes.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Our guest for today is a visionary and innovator who breaks down boundaries to create or distribute wealth better all over the world. Michael Flight, the Chief Executive Officer of Liberty Real Estate Fund, LLC, joins us today to talk about security tokens and how they can be applied in real estate. Liberty is the world’s first net lease security token fund, leveraging 30 years of institutional real estate investment experience with blockchain technology to provide stable, diversified, and tax-efficient returns with liquidity, security, and transparency.
Let’s listen to Michael and learn the potential of blockchain in the real estate space!
[00:01 - 07:54] Opening Segment
- I introduce Michael Flight
- His path to real estate
[07:55 - 18:36] Impact Investments
- Deals that benefit the community are the best
- Michael explains
- Michael shares his 2 biggest influences in real estate
- Real estate is a team sport for Michael
[18:37 - 29:06] Security Tokens
- Michael shares the beauty of a net lease
- For tenants
- For real estate investors
- Why you should get security tokens from Michael
[29:07 - 44:44] Wealth Revolution
- We talk about the perks of blockchain technology
- Connect with Michael. Links below
- What’s Michael’s fearless forecast on the future of wealth generation?
- Jump to retail real estate now!
- Michael explains
- Listen to Michael’s advice to start in real estate
[44:45 - 46:49] Closing Segment
- Final words from me
Tweetable Quotes:
“Over the past 30 years, more people have come out of poverty...this blockchain is gonna create a wealth revolution.” - Michael Flight
“In the next probably five years, especially in the next 10 years, everything’s gonna be digital and it’s just gonna be more and more convenient for people to build wealth.” - Michael Flight
Resources Mentioned:
- Adam Carswell
- Hunter Thompson
- Tom Woods
- How to Win Friends and Influence People
- Amazon
Get in touch with Michael on LinkedIn. Visit his personal website and Liberty Real Estate Fund to learn more about their work. Listen to their podcast.
Guest email: hello@libertyfund.io
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Andy is a Managing Partner at Legacy Acquisitions, working also as its Director of Acquisitions. A 20-year veteran in real estate, he has been working with investors to develop strategies that suit their needs, covering strategic acquisition in emerging markets to value-added strategies in local markets. Andy’s knowledge and experience in real estate have earned him more than $750 million in real estate transactions, as well as over 1,000 units.
In this episode, Andy drops some mindset-changing tips that you can apply to real estate investing. He also tells us why it’s all right to have a mediocre deal as long as a great operator is handling it.
Let’s jump into this episode and hear why great operators matter more in a real estate deal!
[00:01 - 05:07] Opening Segment
- I introduce Andy McMullen
- His path to real estate
[05:08 - 11:29] Wealth Generation
- Boost your serotonin levels
- Andy explains why
- Create wealth and keep your faith
[11:30 - 20:33] Tenant Audit
- Don’t miss Andy’s tactical steps as an active operator
- How to be a successful conservative investor
- What to watch out for in real estate right now
[20:34 - 35:15] Reversion Cap Rate
- What’s the biggest part of the deal?
- Andy’s advice for general partners
- We talk about the beauty of Reversion cap rate
- Mediocre deal with great operator or great deal with mediocre operator
- Which do we prefer?
[35:16 - 43:17] Mindset-Changing
- Andy tells us why mindset is crucial in real estate
- Building habits
- He gives inspirational insights about teamwork
- Quick announcement from me
- We just reached 10,000 downloads in 90 days!
[43:18 - 47:27] Closing Segment
- Connect with Andy. Links below
- Final words from Andy and me
Tweetable Quotes:
“For the [limited partners]...there are stars out there that can be, that can turn around stuff that happens.” - Andy McMullen
“It wasn’t until I [started] scaling businesses and working with the team and helping people and being a servant that I was able to kind of really feel like ‘Now I can fire on all cylinders’ because it doesn’t have to be just me.” - Andy McMullen
Get in touch with Andy on LinkedIn and visit Legacy Acquisitions to learn more about their services.
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Arn Cenedella is a real estate veteran with four decades of experience under his belt. He is known for his knowledge of the real estate market, counseling, negotiations, and most importantly his passion to help his clients achieve their goals. His knowledge on many subject matters related to real estate is based on thorough research and analysis of market data, making sure that his clients are well informed of the options available to them. Today, he joins us to talk about a real estate move that investors are often reluctant to make.
Let’s tune in and learn from Arn why we should jump from single-family to multifamily!
[00:01 - 08:01] Opening Segment
- Let’s get to know Arn Cenedella
- His path to real estate
- Moving out of his hometown to “reinvent himself”
[08:02 - 19:27] Jump to Multifamily
- Staying in single-family for a long time
- Should you focus on capital growth in real estate?
- Arn lays out the conditions
- Listen to Arn’s story on his jump to multifamily!
[19:28 - 29:15] A Long Game
- “Different horses for different courses”
- Arn explains
- Arn shares some tips to start investing in real estate
- Diversify your markets
- Start with people you know
- Listen to Arn to know if real estate investing is for you
[29:16 - 39:39] Real Estate Decisions
- Aggressive or conservative?
- Arn tells us which approach to take
- Looking for partners
- What’s Arn’s strategy?
- Single-family vs. multifamily
- What’s the difference?
- Arn gives his thoughts about risk tolerance
[39:40 - 45:54] Closing Segment
- Renter mindset is booming
- The social impacts of multifamily investing
- Final words from Arn and me
Tweetable Quotes:
“For me, real estate investing is a long-term plan.” - Arn Cenedella
“There’s a lot of people who work very hard and it’s tough financially. They at least deserve a decent, safe place to live and I think we [multifamily operators] can help provide that for the people of America.” - Arn Cenedella
Resources Mentioned:
- Gino Barbaro
Schedule a meeting with Arn by calling 650-575-6114. Connect with him online: Facebook, Twitter, and LinkedIn. Check out Spark Investment Group and their social media pages: LinkedIn, Facebook, and Twitter.
Guest email: Arn@investwithspark.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Our guest for today is real estate all-star, John Casmon. John is the Founder of Casmon Capital Group, which helps professionals build generational wealth and impact through passive investing. He has acquired more than 900 units totaling over $90 million. His path to real estate started when he decided to apply his marketing skills to other industries, building from his experiences in crafting brands for Nike, Coors Light, and Mountain Dew, among other popular brands. He is also the host of the Target Market Insights podcast.
Let’s tune in and learn from John how we can attract capital in real estate!
[00:01 - 07:05] Opening Segment
- Let’s get to know John Casmon
- Jumping from marketing to real estate
- A career-defining voice mail
[07:06 - 18:12] Endless Possibilities
- Find another income stream now
- John tells us why
- It doesn’t matter what your regular job is
- Leaving Detroit for Chicago to invest in real estate
- Hear John’s story
- When did John meet a “real” real estate person?
- Representation matters in real estate
- John explains
[18:13 - 31:58] The No. 1 Mistake in Real Estate
- Listen to John’s strategy in real estate
- The 2 different mindsets in real estate
- Both have the same goals
- What does success look like for you?
- What you should not do in real estate
- Being inspired is not enough
[31:59 - 42:25] Marketing in Real Estate
- What do you want financially?
- We talk about goal-setting
- Connect with John. Links below
- John drops some marketing advice you don’t want to miss!
[42:26 - 45:22] Closing Segment
- Ready to commit to real estate?
- Final words from John and me
Tweetable Quotes:
“[My story] is really not that relevant to you. What’s relevant is: How can you elevate from where you’re at today to where you want to go?” - John Casmon
“You need to be clear on what success looks like for you so you can actually move towards it as opposed to letting the universe dictate what your life’s gonna look like.” - John Casmon
Resources Mentioned:
- Rich Dad Poor Dad
- Nike
- Under Armour
Connect with John online: Facebook, Twitter, and LinkedIn. Check out Casmon Capital Group and their LinkedIn page and listen to John’s podcast.
Guest email: john@casmoncapital.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Mike Morawski is a real estate veteran with over 30 years of experience under his sleeves. He has managed more than $285 million in transactions, leveraging his strength, personal resilience, and extraordinary desire to help other people through real estate. Currently, he focuses on coaching real estate investors and drops a ton of golden nuggets via his podcast and vidcast.
Let’s listen to Mike and learn more about exit planning in real estate!
[00:01 - 05:42] Opening Segment
- Let’s get to know Mike Morawski
- Started in real estate by house hacking
- 78 units in his first 8 months
- $18M in 30 months
[05:43 - 15:21] Over-leveraging in Negotiations
- Mike drops some advice in real estate you don’t want to miss!
- How to assemble a “winning team” in real estate
- He walks us through the tenants in a common process
[15:22 - 29:56] Exit Planning in Real Estate
- Mike tells why we need an exit plan in real estate investing
- Don’t miss Mike’s observations in real estate today
- He talks about his transition to training and coaching
[29:57 - 41:31] Falling in Love with a Deal
- Mike shares his daily routine you’d want to hear!
- Connect with Mike. Links below
- Grab Mike’s book for free!
- Check out this link
- Coupon code: 5talents
- How to start investing in real estate?
[41:32 - 44:21] Closing Segment
- Do you think coaching is for you?
- Final words from Mike and me
Tweetable Quotes:
“Success leaves clues. I think we best learn from successful people and we best teach if we’re successful.” - Mike Morawski
“Don’t grow too fast. Stabilize a deal before you go on to the next one.” - Mike Morawski
“Knowledge is only as effective as the execution behind it.” - Mike Morawski
Resources Mentioned:
- Craigslist
- Marques Ogden
- Kathy Kersten - 10+ Years as Strengths Coach; Self-Awareness and Partnership Bring Success
Call Mike at (312) 600 8007 or connect with him online: Mike Morawski, LinkedIn, Facebook, and Instagram. Check out My Core Intentions and their social media pages: LinkedIn, Facebook, Twitter, YouTube, and Instagram. Listen to his podcast.
Guest email: info@MyCoreIntentions.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Our special guests for today are two of the staple names in real estate, especially in the water conservation space. Anselmo Torres III and Kelly Stinson from Sustainability Solutions (SAS) join us to talk about their mission of fostering sustainability in real estate by offering water conservation services to investors. Their mission has already saved multifamily owners more than $2 million on their water and sewer bills and reduced their water consumption by over 200 million gallons, which can fill up 303 Olympic-sized swimming pools.
Let’s listen to Anselmo and Kelly and learn how we can add value to real estate by saving water resources!
[00:01 - 06:42] Opening Segment
- Let’s get to know Anselmo Torres III and Kelly Stinson
- Their mission to conserve one of the world’s most important resources
[06:43 - 16:55] Water Conservation
- Kelly shares how their services reduce water and sewer bills by 30-60%
- We talk about how how to make real estate sustainable
- We computed the savings of a 200-bathroom property with a 50,000-dollar reduction
[16:56 - 27:43] Impact Investing
- We talk about impact investing involving water conservation
- Don’t miss Kelly and Anselmo’s tips for passive investors!
- Anselmo talks about the focus of their services
[27:44 - 41:39] Genuine Connections
- Kelly drops several tips to start in real estate
- Here’s a reminder from Anselmo that you don’t want to miss!
- How big is being genuine in real estate for investors?
[41:40 - 46:16] Closing Segment
- Connect with Anselmo and Kelly. Links below
- Final words from us
Tweetable Quotes:
“Fear. That is really what holds us back from accomplishing a lot of our goals.” - Kelly Stinson
“Over the last 3 years, I’ve got to meet some really awesome people. It’s the ones who have been incredibly genuine that have stood out the most to me.” - Anselmo Torres III
Resources Mentioned:
- Greenlights
Connect with Anselmo on LinkedIn. Reach out to Kelly on LinkedIn and Facebook. Visit Sustainability Solutions to learn more.
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Are you trying to create a generational wealth while joining campaigns to end the world’s most pressing problems? Sit back and listen now because this episode is for you. Chris Roberts of Sterling Rhino Capital, LLC, joins us today to share his humble beginnings in real estate and how he is helping people retire early through multifamily investing. Following his mantra in life, he was able to grow almost 25 million dollars in 13 years only. He also owns or invests in more than 2,000 units across the United States. Do you think you can follow Chris’ footsteps?
Let’s listen and learn how to identify your unique value proposition in real estate!
[00:01 - 08:34] Opening Segment
- Let’s get to know Chris Roberts
- His path to real estate
[08:35 - 18:50] Reinvent the Paradigm
- Chris shares how they closed a 100-unit deal during the COVID-19 pandemic
- He gives interesting insights about paradigms
- Chris breaks down the power of cash flow
[18:51 - 27:54] Show up and Step Up
- FREE EBOOK from us! Visit 5tcre.com/ebook
- Why does a satisfied need no longer motivate?
- Chris explains
- We talk about the importance of outworking everybody
[27:55 - 40:24] Embrace the Suck
- Chris drops his actionable steps in real estate you can follow too!
- What’s the main foundation of successful businesses?
- Hear from Chris how to escape the rat race
- Join Chris in their fight to end hunger! Links below.
[40:25 - 44:38] Closing Segment
- Connect with Chris. Links below
- Final words from Chris and me
Tweetable Quotes:
“The real power in retirement or in wealth is cash flow.” - Chris Roberts
“I am not a victim of my environment or my circumstances. I am the result of my actions and my attitude.” - Chris Roberts
Resources Mentioned:
- Book: The 7 Habits Of Highly Effective People
- Book: How to Win Friends and Influence People
- Cutco
- Tony Robbins
- Bill Gates
- Joe Fairless
Connect with Chris on his personal website and LinkedIn. Visit his company online and on LinkedIn, Facebook, and YouTube. Buy Chris’ book! Proceeds will go to Feeding America, which aims to end hunger in the country through nationwide networks of food banks.
Guest email: Chris@SterlingRhinoCapital.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Today, we have Chris Pomerleau and Collin Schwartz, co-founders of Park Ave Capital. They specialize in providing private investment options that can grow in the long-term through real assets and are protected from the volatility of Wall Street. Their mission is to help people earn passive income through real estate, which led them to build an impressive portfolio of $50 million of assets under management including 750 units. They have dropped several golden nuggets that you don’t want to miss in this episode.
Do you think you also have what it takes to build a $50-million real estate portfolio? Tune in now!
[00:01 - 06:59] Opening Segment
- Let’s get to know Chris Pomerleau and Collin Schwartz
[07:00 - 17:50] Refinancing
- What are Chris and Collin doing right now?
- Buy, renovate, refinance
- Chris breaks down the Ratio Utility Billing System
- How to cut cost with water conservation
[17:51 - 28:47] Partnerships
- Chris shares a few real estate tips to increase net operating income
- Collin tells us how to build and add value to partnerships
- Chris and Collin share their secret in looking for potential markets
[28:48 - 41:08] Value-Adding
- Here are creative ideas from Collin and Chris to find deals
- Connect with Chris and Colin. Links below
- Don’t miss their secrets to be successful in real estate!
[41:09 - 47:05] Closing Segment
- Final words from us
Tweetable Quotes:
“That’s the beauty and flexibility of earning passive income: Just do what you like.” - Chris Pomerleau
“I think if you want to be really, really successful in real estate, [you have to] focus on it every day.” - Collin Schwartz
Resources Mentioned:
- Rich Dad, Poor Dad
- ZNE Capital
- Mentor with Chris
Connect with Chris on LinkedIn, Facebook, and Twitter. Reach out to Collin on Facebook and LinkedIn. Visit their company online and social media pages: LinkedIn, Facebook, Twitter, and Instagram.
Guest emails: chris@parkAveInvesting.com and collin@bricktownmanagement.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Our special guest for today is Ryan McKenna, Founder and Chief Executive Officer of McKenna Capital. He has helped his company add value to their investors, focusing on multifamily, self-storage, mobile home parks, and other asset classes. Due to their dedication, creativity, and passion for real estate, Ryan and his team were able to acquire more than 10,000 units worth over $1 billion. If this portfolio size and net worth impressed you, you don’t want to miss this episode now.
Let’s listen to Ryan and learn the secrets of passive investing through real estate syndication!
[00:01 - 08:51] Opening Segment
- Let’s get to know Ryan McKenna
- How to manage assets worth more than a billion dollars
[08:52 - 16:08] Growing Organically
- Don’t miss this real estate advice from Ryan!
- Avoid paralysis analysis by doing this
- Ryan shares how to use relationships and capital wisely
- He gives interesting insights about going full-time in real estate
[16:09 - 29:44] Investing Passively Through Syndication
- Ryan talks about the perks of passive investing in real estate
- He shares the secrets of real estate syndication you should know
- Here are some notes for general partners and active operators
[29:45 - 44:26] Building a Billion-Dollar Portfolio
- How to invest passively and actively in real estate
- Ryan tells us why real estate is only growing and still full of potential
- What should mentors see in you?
- Take note of these tips from Ryan to raise capital
[44:27 - 47:05] Closing Segment
- Connect with Ryan. Links below
- Final words from Ryan and me
Tweetable Quotes:
“Surround yourself with someone who’s already doing what you wanna do and then see if there’s a way to help or add value or to emulate what they’re doing.” - Ryan McKenna
“If [the deal] is good for the investors, it’s gonna be good for you too.” - Ryan McKenna
Resources Mentioned:
- Rich Dad, Poor Dad
- Cutco
Connect with Ryan on LinkedIn and Facebook. Visit his company online and on LinkedIn, Facebook, Twitter, Instagram, and YouTube.
Guest email: Ryan@McKennaCapital.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
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Our guest for today is Bernard Reisz, Founder and Chief Executive Officer of 401KCheckbook.com, which supports investors on investments through retirement accounts. Bernard covers a lot of areas in this real estate space, which we don’t usually talk about. He will demystify qualified retirement plans, share the secrets of different tax services, and give us tips to leverage all these in real estate investing.
Let’s tune in now and learn more about financial and tax services in real estate!
[00:01 - 09:14] Opening Segment
- Let’s get to know Bernard Reisz
- His story about leaving Corporate America
- The different risk management and insurance designations
[09:15 - 20:27] Maintain Your Retirement Accounts
- The importance of knowing financial and tax services
- Bernard explains
- What are “naked retirement accounts” for Bernard?
- Bernard tells us how to invest passively with our retirement accounts
- Keep your money on your retirement accounts
- What’s this specific scenario where it’s advisable to withdraw your money?
[20:28 - 31:19] Unrelated Business Income Tax
- The 3 common mistakes on Unrelated Business Income Tax (UBIT)
- Facts about Qualified Retirement Plans (QRPs) you should know
- Insights about Unrelated Debt-Financed Income Tax (UDFI) you shouldn’t miss
[31:20 - 48:16] Unrelated Business Taxable Income
- How to leverage the net taxable income?
- Bernard shares his thoughts about Unrelated Business Taxable Income (UBTI)?
- How are QRPs and solo 401(k) related?
- Bernard talks about the services they offer
[48:17 - 53:54] Closing Segment
- Connect with Bernard - links below
- Final words from Bernard and me
Tweetable Quotes:
“Real estate is tax-efficient whether you’re a passive [or] active investor.” - Bernard Reisz
“The title itself and the designation and certification [don’t] mean that much. It’s more about what you are as a person.” - Bernard Reisz
Resources Mentioned:
- Yonah Weiss
- Marques Ogden
Connect with Bernard on LinkedIn. Facebook, and Twitter. Visit his company online and on LinkedIn and Facebook
Guest email: bernard@resurefinancial.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
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The right property manager will make real estate investing a smooth process for both passive investors and active operators. However, not all managers are right for you no matter how impressive their operations are. As an investor, you need to find the manager that aligns with your current needs and long-term goals. How can you find that manager and where? That’s what we’re going to talk about with our special guest for today. Colin Douthit is a property manager from Kansas City who owns Atlas Property Management, LLC. Colin will share his story, together with some golden nuggets you need to pick up to find the right manager for you.
Let’s tune in now and learn the qualities of your future property manager!
[00:01 - 06:52] Opening Segment
- Let’s get to know Colin Douthit
- 3 engineering degrees
- 65+ doors in the first 18 months
[06:53 - 11:49] Proper Mindset
- Colin walks us through his journey on property management
- He shares his thoughts about starting a career in real estate
[11:50 - 22:16] Property Management
- How to find the right property manager for you
- What should you expect from a property manager?
- Monitor this important metric if you’re a property manager
[22:17 - 36:43] The Great Property Manager
- Colin tells us why low-income housing tax credit operators self-manage
- Turning property management into a next-level professional industry
- The hallmark of a great property manager
- Colin reveals
- Don’t micromanage your property manager
- Colin explains
[36:44 - 44:08] Reminders for Property Owners
- Colin gives his insights about voucher properties
- Prioritize property improvements if you’re an owner
- Find out why
[44:09 - 47:00] Closing Segment
- Connect with Colin - links below
- Final words from Colin and me
Tweetable Quotes:
“...our goal is to elevate property management to the next level, to take it from a mom-and-pop operation to a professional industry.” - Colin Douthit
“We are essentially a contractor to the owners but we are also a partner because we have aligned financial goals...The property manager, at the end of the day...they’re not going to be your enemy. They’re your [teammates].” - Colin Douthit
Resources Mentioned:
- Mastermind
Connect with Colin on LinkedIn and Facebook. Visit his company online and on LinkedIn, Facebook, and Instagram.
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Our guest for today is Hunter Thompson, Founder and Managing Principal of Asym Capital. A full-time real estate investor, he has led in purchasing over 90 million dollars of commercial real estate and raising more than $35 million. You can hear Hunter in Cash Flow Connections, a Top-200 podcast on iTunes. He will share interesting nuggets about real estate that you don’t want to miss, particularly a novel approach to investing you might want to reverse-engineer yourself.
Let’s listen to Hunter and learn more about the hybrid approach to investing!
[00:01 - 05:19] Opening Segment
- Where are the elite, non-institutional players purchasing?
[05:20 - 13:34] Dos and Don’ts of Capital Raising
- Hunter shares the significance of time blocks
- He talks about the dos and don'ts of capital raising
- He breaks down the $5 Million in 30 Days Summit
[13:35 - 30:53] Hybrid Approach to Investing
- Hunter tells us the most lucrative and sought-after skill in real estate
- He shares interesting thoughts about building your email list
- He gives his insights about the “hybrid approach to investing”
- Why is he a huge proponent of this approach?
- Hunter tells us why we should focus on the “who” not “how”
[30:54 - 46:17] The “Blank” Guy
- Hunter reminds us to capitalize on our niche
- We talk about the Parable of the 5 Talents
- Hunter shares the story of how he learned his money-making skills
[46:18 - 50:45] Closing Segment
- Connect with Hunter - links below
- Final words from Hunter and me
Tweetable Quotes:
“You don’t have to be an innovator in real estate to be successful but sometimes you gotta understand when to persevere and when to pivot.” - Hunter Thompson
“I don’t care at all about knowing...a little about a lot of topics…I wanna know more than anyone about one topic.” - Hunter Thompson
Resources Mentioned:
- Hunter’s book: Raising Capital for Real Estate
- $5 Million in 30 Days Summit
- Grant Cardone
- JOBS Act
- Dan Sullivan’s Book: Who Not How
- Richard Wilson
- Cutco
- Joe Fairless
- Intelligent Investors Real Estate Conference 2021
Email hunter@asymcapital.com to connect with Hunter. Also check out his LinkedIn, Facebook, and Instagram pages. Visit his company online and on LinkedIn and Twitter. Listen to his podcast.
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
Our guest for today is Alain Villegas, Managing Partner at Abundance Equity Partners. A few years ago, he moved to the United States with his wife to start his real estate career. Like everyone else’s, his road to a successful career in real estate involves a lot of hard work, dedication, and passion. Now, he joins us in this episode to share the golden nuggets that helped him acquire 65 million dollars and more than 2,600 units in this business. Can you do this as well?
Let’s tune in and learn from Alain the 3 signs that you’re going to be successful in real estate!
[00:01 - 07:44] Opening Segment
- Let’s get to know Alain Villegas
- What’s Alain doing right now?
[07:45 - 15:40] Slowing Down the CapEx
- Alain shares their adjustments due to the COVID-19 pandemic
- Here’s a creative tactic from Alain to leverage CapEx
- He talks about the latest deals they have done
[15:41 - 30:20] Investing in Yourself is Not an Expense
- Alain talks about his humble beginnings in real estate
- Are you ready to be successful in real estate?
- Listen to Alain’s tips
- Alain tells us why real estate is a team sport
[30:21 - 40:12] Closing Segment
- How to find the right partner for you
- Here’s Alain’s reminder about growing your money
- Connect with Alain - links below
- Final words from Alain and me
Tweetable Quotes:
“Find mentorship. It can be a paid mentorship and it can be like a mentorship through partnership. There may be some investors or experienced individuals there who are looking for junior partners who can do the job, who’s willing to work for experience...” - Alain Villegas
“Make that money work for you. If that money does not grow when you’re asleep, then it does not do you good.” - Alain Villegas
Resources Mentioned:
- Rich Dad, Poor Dad
Call or text 317-440-1117 and email alainvillegas@yahoo.com to reach out to Alain. Connect with him on LinkedIn and Facebook. Visit Abundance Equity Partners to learn more.
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
Grab a pen and paper. Open your notes app. If you’re a millennial who’s still new in the business or who’s trying to go passive, this episode is for you. David Toupin, The Real Estate Jedi and a top millennial investor, will drop a ton of golden nuggets in real estate that you don’t want to miss. You will learn how a college student bought his first property and how he in his mid-20’s helped develop more than $100 million in multifamily. He co-founded Obsidian Capital Co, an Austin-based real estate investment firm, and raised over $30 million in investor capital. David also serves as Chief Executive Officer of Real Estate Lab, a community and software platform for multifamily investors.
Let’s listen to David and learn how millennials can break into real estate!
[00:01 - 07:30] Opening Segment
- Let’s get to know David Toupin
- His path to real estate
- The most underrated part of the business
[07:31 - 18:37] Trust and Timing
- You make money in real estate when you buy, not sell
- David explains
- The 2 T’s to raise capital from investors according to David
- Numbers to look for in underwriting deals
[18:38 - 28:13] Deals with Stories
- Don’t miss David’s tips for passive investors!
- David talks about the best deal he’s closed so far
[28:14 - 37:52] Broker Relationships
- Listen to David’s approach to building broker relationships
- The secret to Start successfully in real estate
[37:53 - 43:20] Closing Segment
- Connect with David - links below
- Trust people and don’t over-analyze
- David explains
- Final words from David and me
Tweetable Quotes:
“In real estate, you make money when you buy, not when you sell.” - David Toupin
“I think the best deals also have a story.” - David Toupin
Resources Mentioned:
- Cutco
- Real Estate Lab
Connect with David on LinkedIn, Facebook, YouTube, and Instagram. Visit Obsidian Capital and their LinkedIn page to learn more.
Guest email: David@obsidiancapitalco.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
Our guest for today is David Lagat, Principal and Chief Executive Officer at Bella Asset Management. He has a broad range of skills including negotiation, accounting, asset management, investment properties, and real estate economics. He started investing in the stock market, but eventually found himself in real estate. He will talk about his jump to real estate that led him to acquire a portfolio now worth $300 million. That portfolio would not have been possible without these savvy and creative investing strategies.
Let’s dive right in and learn from David how to turn a 4-plex into 4,000 units without syndication!
[00:01 - 08:34] Opening Segment
- Let’s get to know David Lagat
- His path to multifamily investing
[08:35 - 18:13] Equities and Debts
- Balancing regular work and real estate investing
- A goal is written in a notebook
- The factors that led him to go full-time in real estate
- How to leverage equities and debts
[18:14 - 27:10] 1031 Exchanges
- How to leverage 1031 exchanges
- The right questions to ask in real estate
- Are single family and multifamily really different?
- David explains
[27:11 - 37:27] Recourse and Non-Recourse Loans
- The importance of closing your first deal
- How to leverage recourse and non-recourse loans
- Don’t miss David’s strategies in real estate!
[37:28 - 46:49] Closing Segment
- Connect with David - links below
- Here’s David’s advice for future investors
- Final words from David and me
Tweetable Quotes:
“Understanding the seller’s needs will help you frame your questions properly.” - David Lagat
“You gotta be persistent. Set your goals...take the risks, take action.” - David Lagat
Resources Mentioned:
- David Lindahl
- Dave Ramsey
Connect with David on LinkedIn and visit Bella Asset Management and their LinkedIn, Facebook, and Twitter pages to learn more.
Guest email: David@bellasrealtygroup.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
Here’s a spontaneous episode with Kathy Kersten of Kersten Consulting, LLC. Kathy is a Gallup Certified Strengths Coach since 2008 and will be with me to discuss the benefits of using LinkedIn. For years, it has proven to be a valuable platform to improve one’s self-awareness online and build partnerships that bring success. Find out how you can leverage your time while you’re in LinkedIn and get engagements even when you’re not online at all!
[00:01 - 08:44] Opening Segment
- I introduce our guest, Kathy Kersten
- We talk about the benefits of LinkedIn
- About Me
- Features Section
[08:45 - 19:08] Engagements Matter
- Partner with us! See links below
- We talk about leveraging your presence online
- Comments
- Tagging
- Likes
[19:09 - 20:26] Closing Segment
- Connect with Kathy - links below
- Final words from Kathy and Me
Tweetable Quotes:
“If they can learn about me without engaging with me, I just maximize and leverage my time.” - Abel Pacheco
Resources mentioned:
- Calendly
Connect with Kathy on LinkedIn, Twitter, Instagram, Facebook, and YouTube. Check out her personal website and her company’s Facebook page. Listen to her podcast show.
Guest Email: kathy@kathykersten.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
Our guest for today is Brian Mitchell, a longtime real estate insurance agent who will tell us how we can protect our properties from different risks. Brian is also a real estate investor, property manager, and networking group organizer, leveraging his charismatic personality and broad experience in the insurance industry to offer value to his clients.
Let’s dive right in and learn from Brian the right insurance policy for our properties!
[00:01 - 06:44] Opening Segment
- Let’s get to know Brian Mitchell
- Organizing meetups
- Outside his comfort zone
- Takes massive actions
[06:45 - 17:00] Coinsurance
- Brian talks about the insurance market in 2020
- How to choose the right insurance agent
- He shares his thoughts about coinsurance
[17:01 - 28:52] Real Estate Insurance
- FREE e-book from me! Check out 5tcre/com/ebook
- Factors to consider when applying for an insurance policy
- Does net operating income matter?
- Brian talks about builders risk insurance policy
- Don’t miss Brian’s advice on hiring multiple insurance agents!
[28:53 - 34:32] Closing Segment
- Brian explains his love for real estate
- Connect with Brian - links below
- Final words from Brian and Me
Tweetable Quotes:
“Above all, just go with an agent that you know has some true fire to them and somebody that’s just generally interested in real estate, working with investors.” - Brian Mitchell
“Your 401(k) cannot be insured for risk of loss, but your investment properties can [be] As long as you’re filling it with the right people and you purchase in the right market, it’s a home run.” - Brian Mitchell
Resources Mentioned:
- Liberty Mutual
Call or text 2078417371 and visit Brian’s LinkedIn to reach out to him. Visit Cross Insurance and their Facebook, LinkedIn, and YouTube pages to learn more.
Guest email: bmitchell@crossagency.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
Our special guest for today is Dan Lewkowicz, Director of Investment Sales with Encore Real Estate Investment Services. Dan manages Encore’s commercial transactions in the retail, industrial, medical office, quick service restaurant, and shopping center categories. Today, he will share his story, as well as a lot of golden nuggets to be successful in real estate.
Let’s listen to Dan and learn how we can all be on top of the real estate world!
[00:01 - 07:35] Opening Segment
- Let’s get to know Dan Lewkowicz
- What’s Dan doing right now?
- Types of transactions
- Size of transactions
[07:36 - 13:09] 1,000 Calls Monthly
- Dan’s secrets to pulling clients to him
- His tactics to leverage LinkedIn as a real estate broker
- Do you need to always hire experts?
[13:10 - 28:13] Real Estate Opportunities
- Dan’s 4 tips to find the right brokers
- Should you reach out to Dan?
- Find out here
- Don’t miss Dan’s advice for passive investors!
- The two real estate opportunities that are always available
[28:14 - 40:40] Teamwork and Expert Advice
- Knowing everything in real estate is impossible
- What to do now?
- Don’t miss his tips to leverage LinkedIn!
- Are you up to Dan’s challenge on real estate investing?
- Listen here
- Real estate is no longer about who you know
- Find out why
[40:41 - 46:34] LinkedIn Contents
- What content should you post on LinkedIn?
- Connect with Dan. Links below
[46:35 - 50:56] Closing Segment
- Escaping the “rat race”
- Final words from Dan and me
Tweetable Quotes:
“Always hire experts. Always network with experts even if you need to cut a little bit of fat. It doesn’t matter. It’s worth it.” - Dan Lewkowicz
“When you’re working in real estate, especially as an investor, you need to have a good team. You need to work with experts.” - Dan Lewkowicz
Resources Mentioned:
- Multi-Family Millions
Call 248.702.0626 to reach out to Dan. Connect with him on LinkedIn and Instagram. Check out their website and their LinkedIn, Facebook, and Twitter pages.
Guest Email: Dlewk@encorereis.com or dandiamondman@gmail.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
I have the pleasure of talking with Whitney Sewell, Founder of Life Bridge Capital LLC. Whitney has been investing in real estate since 2009, acquiring assets worth $80 million by leveraging the exceptional opportunities that multifamily syndication offers. Whitney is the voice behind The Real Estate Syndication Show, a daily podcast that now has 800+ episodes, providing high-quality tools and strategies that can be applied to real estate syndication. Today, Whitney will join us to talk about topics that are close to our hearts.
Let’s dive right in and learn more about marrying our business and passion!
[00:01 - 09:29] Opening Segment
- Let’s get to know Whitney Sewell
- His path to real estate
- Whitney talks about the power of syndication
- He shares letting go of his passion for real estate
[09:30 - 19:51] Dedicated to the Business
- The 3 assets to own for real estate beginners
- Whitney’s tactics to earn $10+ million in a few hours
- A relationship business that needs tons of dedication
[19:52 - 28:15] Faithful to the Process
- How to build relationships and trust in real estate
- The return on investment of podcasting
- A game-changing business partner
[28:16 - 36:24] Devoted to Learning
- Whitney’s golden nuggets on passive investing
- The 3 steps new general partners should take
[36:25 - 45:00] Committed to the Passion
- Whitney’s daily routine
- Life Bridge Capital’s hidden team members
- The key to the company’s mission
[45:01 - 48:02] Closing Segment
- Connect with Whitney. Links below
- Final words from Whitney and me
Tweetable Quotes:
“[Real estate] is a relationship business. No doubt about it.” - Whitney Sewell
“I just know that [real estate] is so much more about the sponsors than it is about the deal.” - Whitney Sewell
Resources Mentioned:
- Rich Dad Poor Dad
- BiggerPockets
Call or text 540-585-4338 to reach out to Whitney. Connect with him on LinkedIn, Facebook, Twitter, and Instagram. Check out their website and their LinkedIn and Facebook pages. Listen to his podcast.
Guest Email: whitney@lifebridgecapital.com
Text WHITNEY to 66866 to receive their white paper
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
Our guest for this episode is a true entrepreneur at heart. Feras Moussa worked for Microsoft right after college but later on realized that he was more needed somewhere else. After a few years in the tech world, he found himself in the real estate industry and completed 9 closings just in his first year. He then started Disrupt Equity to offer real estate services that include investment offerings and asset identification and acquisition.
Let’s tune in and learn the secrets to jump from tech to real estate industry!
[00:01 - 07:30] Opening Segment
- Let’s get to know Feras Moussa
- Feras talks about the “builder mentality”
[07:31 - 18:12] Leaving Microsoft
- He talks about his approach in real estate
- Why did he leave a prestigious company like Microsoft?
[18:13 - 29:19] Applying Tech Skills in Real Estate
- How to go all in on real estate
[29:20 - 40:01] Educating Yourself
- How to add value to real estate investors
- Don’t miss the secrets that new investors should know!
- Connect with Feras. Links below
[40:02 - 49:17] Closing Segment
- What’s next for Ferras
- Final words from Feras and me
Tweetable Quotes:
“Understand what you’re getting into because...your 50, 100 thousand dollars is hard-earned money. You wanna make sure that you’re placing it effectively and the person that you’re placing it with cares about it as much as you do.” - Feras Moussa
“There’s a lot of ways to get involved in a [general partnership]. It’s about finding people you like, build relationships and figure out a way to add value.” - Feras Moussa
Resources Mentioned:
- Rackspace
- Amazon
- The Millionaire Real Estate Investor
- Ben Suttles - $100M in Assets Under Management; Invest Better with Real Estate
------------------------------------------------------------------------------------------
Connect with Feras on LinkedIn, Facebook,Twitter, and Instagram. Check out Disrupt Equity and their social media channels:LinkedIn, Facebook, Twitter, Instagram, and YouTube.
Guest Email: feras@disruptequity.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
We have a power couple as guests for today. Nate and Bethany Smith, who call themselves the CashFlow Couple, will share how couples can align their goals together, especially in terms of real estate investing. Nate and Bethany own a growing financial services agency where they support business owners, entrepreneurs, and real estate investors in growing their capital while maintaining liquidity and control.
Let’s jump into this episode and learn the secrets of the CashFlow Couple!
[00:01 - 07:21] Opening Segment
- Let’s get to know Nate and Bethany Smith
- How did they meet?
[07:22 - 15:55] Goal Alignments
- How can couples successfully invest in real estate?
- Women as difference-makers in real estate
[15:56 - 25:31] House Hacking
- Bethany talks about her transition to multifamily investing
- Don’t miss these investing tips from Bethany!
[25:32 - 37:36] Cash Flow Banking
- Nate shares their mission as real estate professionals
- The wealthy people’s strategy you’d want to use too
- It’s not about how much you make
[37:37 - 43:24] Grassroots Education
- Nate and Bethany wants you to connect with them
- Links below
- Bethany talks about their grassroots version of BiggerPockets
[43:25 - 48:31] Closing Segment
- They talk about their other passions in life
- Nate and Bethany share their book recommendations
- Final words from the CashFlow Couple and Me
Tweetable Quotes:
“My passion is finding a mismanaged, run-down, kind of a crime-ridden property in a way and renovating it.” - Bethany Smith
“Our goal is to serve the underserved people of America who don’t get access to the financial education or financial resources that the more wealthy people get access to.” - Nate Smith
Resources Mentioned:
- Grant Cardone
- Gary Vaynerchuk
- Rich Dad Poor Dad
- Richest Man in Babylon
- Multifamily Masters
- The Miliare Group
- BiggerPockets
- Shut Up and Listen!
- The Entrepreneur Mind
- Your Next Five Moves
- The Laser Fund
Connect with Nate on Instagram and LinkedIn. Reach out to Bethany on Instagram and LinkedIn. Visit www.yourcashflowcouple.com to learn more.
Guest email: nate@therealnatesmith.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
Everyone advises. Some practice. They execute. Our guest for today is former NFL tight end and lifelong entrepreneur, Hakeem Valles. Hakeem is the Chief Executive Officer and Founder of Perspective Global Media, which operates on the belief that whatever they tell their clients, they should have executed and made dividends already. Today, he will talk about leveraging social media, specifically the growing platform of TikTok, to real estate investing and the role of pattern disruption as a tool to scale your network.
Let’s listen to Hakeem and learn the things about pattern disruption that you should know!
[00:01 - 06:30] Opening Segment
- Let’s get to know Hakeem Valles
- Diving into a mindset-driven business
[06:31 - 16:51] NFL and Real Estate Journey
- Hakeem shares overcoming PTSD from a life-threatening situation
- He walks us through his real estate education
- He talks about his path to multifamily investing
[16:52 - 27:55] Necessary Sacrifices
- Don’t miss this house hacking strategy from Hakeem!
- He shares this massive lesson from a failed deal he experienced
- What’s his most expensive purchase with his NFL paycheck?
[27:56 - 40:51] Pattern Disruption
- The time he finally made a touchdown in real estate
- He talks about his passion for “scaling the unscalable”
- Don’t miss Hakeem’s tips for passive investors!
- How to use TikTok to invest in real estate
[40:52 - 44:06] Closing Segment
- Hakeem gives this last piece of advice you should note!
- Connect with Hakeem - links below
- Final words from Hakeem and Me
Tweetable Quotes:
“When your frame of reference is death, nothing can essentially break you.” - Hakeem Valles
“[A podcast is] the biggest networking tool to allow you on the backend to give you the leverage to actually connect the dots and put deals together.” - Hakeem Valles
Resources Mentioned:
- Devin Elder
- The DJE Podcast
- BiggerPockets
- Multi-Family Millions
Connect with Hakeem on LinkedIn, Facebook, and Twitter. Visit Perspective Global Media and their Facebook and LinkedIn pages to learn more.
Guest email: hakeem.perspective@gmail.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
Pick up a bag because we’re going to drop a lot of golden nuggets and gems today. In this episode, we’re super lucky to have a stellar guest, Sterling White of Sonder Investment Group, to discuss how to build your brand using the available platforms you may or may not know. He also shares some tips to start in real estate with or without resources. Sterling is involved in managing capital of more than 10 million dollars deployed across a real estate portfolio worth 26 million dollars.
Let’s jump into the episode now!
[00:01 - 07:22] Opening Segment
- I introduce our guest, Sterling White
- Sterling shares his background
[07:23 - 17:06] Build Your Brand
- Sterling gives us some tips to transition into multifamily
- What if you don’t have the means?
- What if you’re still young?
- He shares some advice for passive investors to start raising capital
- He talks about growing your network
- Partner with us! Visit 5tcre.com/invest
[17:07 - 25:00] Document Everything
- Sterling walks us through his approach in off-market deals
- 80/20 approach
- 90/10 approach
- He talks about this “not fun but important” task you don’t want to miss!
[25:01 - 31:15] Commit “Softly” First
- Sterling shares some tips to tell if your client is serious with you
- He tells us his process of raising millions from his deals
- You’d definitely want to check this out!
- Sterling talks about his next deals
[31:16 - 35:16] Closing Segment
- Connect with Sterling - links below
- He talks about having the right mindset in making deals
- Final words from Sterling and Me
Tweetable Quotes:
“Creativity follows commitment. If you’re committed enough, you’ll find a way. If not, you’ll find an excuse.” - Sterling White
“You being young [means] you have something that you can exchange with someone else. You just have to figure it out .” - Sterling White
Resources mentioned:
- Jake & Gino
- Gene B. Glick
- Google Docs
- Asana
Get in touch with Sterling here. He personally reads your messages.
Check out his social media channels: LinkedIn, Instagram, Facebook, YouTube, and BiggerPockets. Visit his personal website, podcast show, and company online.
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
I always believe that everyone has a value no matter the circumstances. Our guest for today proves just that. In this episode, we will have the one and only, Juan Vargas of GenWealth Capital Group, to discuss how we can add and even create value in real estate investing. Juan currently has in his portfolio more than 2,000 apartment units and $20M of investor equity. He founded GenWealth, which is now known for being hands-on with acquisitions and management and for their institutional perspective backed by data analysis, market research, and due diligence.
Let’s dive into Juan’s story now.
[00:01 - 06:52] Opening Segment
- I introduce our guest, Juan Vargas
- He talks about his background
[06:53 - 18:16] Single-Family to Multifamily
- Juan walks us through his shift from single-family to multifamily
- Find out if you should make the shift as well
- He tells us that earning the investors’ trust is a key step
- Juan shares the importance of consistency
[18:17 - 32:06] Adding and Creating Value
- Juan shares an advice to close your first deal
- Be honest. Find out why
- He tells us to look beyond the person’s real estate experience
- Don’t put yourself in somebody else’s book chapter
- What does Juan mean by this?
- Juan talks about the pros and cons of large-scale deals
[32:07 - 40:42] Keeping it Short and Simple
- Juan talks about investor relations
- Keep it short and simple
- He shares his approach in broker relations
[40:43 - 43:53] Closing Segment
- Connect with Juan - links below
- Final words from Juan and Me
Tweetable Quotes:
“Everybody can bring something. That’s the beauty of this business. It’s usually a team effort. There’s no ‘I’ in ‘team.’” - Juan Vargas
“Don’t compare yourself to somebody else. If somebody else is in a more advanced position that you are currently, that’s just because they’re in a different chapter of the book.” - Juan Vargas
You can call Juan at 713-591-2523. Connect with him on LinkedIn, Facebook, Instagram, and Twitter. Check out their company online and listen to his podcast show.
Guest Email: juan@genwealthcapital.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Today, we have a former colleague of mine as a guest for our show. Kathy Kersten of Kersten Consulting, LLC is a Gallup-certified Strengths Coach since 2008 and will be with me to discuss the StrengthsFinder language. We both believe that everyone has strengths that can be leveraged in any business venture. In fact, there are 34 strengths that we can tap into!
[00:01 - 06:29] Opening Segment
- Let’s get to know Kathy Kersten
- What’s Kathy doing right now?
[06:30 - 17:48] Top 5 Strengths
- We share our top 5 strengths
- Kathy talks about the 4 strength categories
- Where do salespeople belong?
[17:49 - 26:44] Partnerships
- The philosophy of not improving your weaknesses
- The areas of the most potential in a person
- People can have weaknesses, teams shouldn’t have any
- Find out why
[26:45 - 37:28] Self-Awareness
- How to identify your strengths and leverage them?
- We discuss the importance of strengths coaching
[37:29 - 44:39] 3 Steps to Success
- Kathy tells us how to earn 5-8 times your monetary investment
- She walks us through the 3 steps to success
[44:40 - 52:30] Closing Segment
- Connect with Kathy. Links below
- She shares her focus for 2021
- Final words from Kathy and me
Tweetable Quotes:
“There are no lone wolves in real estate or any successful business venture. We’re getting to the places of success that we wanna be through partnership with other talented individuals.” - Kathy Kersten
“If you want to be world-class in anything, it’s better to invest in your areas of strength than focusing on your weaknesses.” - Kathy Kersten
Resources Mentioned:
- Now, Discover Your Strengths
- Graham Weston
- Rackspace
- Jonathan London
- Skip Miller
- Cutco
- Robert Kiyosaki
- Rich Dad Poor Dad
- Brad Sumrok
- Apartment Educators
- Marques Ogden
- Kingdom Capitalists
Connect with Kathy on LinkedIn, Twitter, Instagram, Facebook, and YouTube. Check out her personal website and her company’s Facebook page. Listen to her podcast show.
Guest Email: kathy@kathykersten.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
We have a unique guest for this episode. Todd Thorpe is a well-respected multifamily telecom expert equipped with over 30 years of experience. He is currently Vice President of MDU Consulting Group, specializing in negotiating right of entry agreements and bulk agreements with property owners. Today, he will share some secrets about what we call ancillary revenues.
Let’s dive right in and learn 4 ways to earn additional income from your properties!
[00:01 - 07:50] Opening Segment
- Let’s get to know Todd Thorpe
- An expert in multi-dwelling units
- Why do we need a right of entry agreement?
- Lots of earning opportunities
[07:51 - 18:56] Easements
- Uncovering the easements of a property
- Understanding the contracts and other documents
- How to not lose your leverage in negotiations
[18:57 - 39:02] Ancillary Revenues
- Todd talks about their value-adding services
- 4 ways property owners can earn additional income
[39:03 - 45:54] Closing Segment
- Connect with Todd - links below
- Final words from Todd and Me
Tweetable Quotes:
“The key to passive investing...is owning multiple properties.” - Todd Thorpe
“We only make money if [our clients] make money.” - Todd Thorpe
Connect with Todd on LinkedIn or call 608-669-6514. Visit MDU Consulting Group and their LinkedIn page to learn more. Watch out for Todd’s podcast soon!
Guest email: tthorpe@mduconsultinggroup.com
LZjB4fSAyIcwBGRPGdE3
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inOur guest for today is John Rubino, Chief Operating Officer, Founder, and Co-Managing Partner of JID Investments, LLC. JID operates in the Washington, DC Metropolitan Statistical Area, Mid-Atlantic, and South Atlantic markets, aiming to generate high-yield returns through a medium risk profile. John and his team provide capital to individuals and businesses with viable real estate, business, and/or investment opportunities.
Let’s listen to John and learn how we can better connect sponsors and investors!
[00:01 - 09:51] Opening Segment
- Let’s get to know John Rubino
- His path to real estate
- From single to multifamily
- The navy skills he applies to real estate
[09:52 - 20:18] Transparency and Education
- Don’t miss John’s secrets in real estate!
- John walks us through their current deals
- The importance of transparency and education
[20:19 - 33:25] Sponsors and Investors
- How to invest with JID Investments?
- Connecting sponsors and investors
- The 3 tasks of passive investors
[33:26 - 42:06] “How” and “Why”
- John’s tips for passive investors
- Don’t quit your regular job right away!
- You don’t have to be the smartest in the room
- Starting an entrepreneurial career
- Answering the “how” with a “why”
[42:07 - 45:48] Closing Segment
- Connect with John - links below
- Final words from John and Me
Tweetable Quotes:
“You also wanna have mentors. You wanna have people that you can go to that have gone through the process, have gone through what you’re looking to do.” - John Rubino
“Look for the smartest people to be around and learn from.” - John Rubino
Resources mentioned:
- Julie Holly - 300 Doors, Using Real Estate as an Opportunity to Lead People to Freedom
- Rich Dad, Poor Dad
- The Millionaire Next Door
- How to Win Friends and Influence People
Connect with John on LinkedIn, Facebook, YouTube, and Instagram. Visit JID Investments LLC and their LinkedIn, Facebook, and Twitter pages.
Guest email: jrubino@jidinvestments.com
Connect with me:
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Our special guest for today is a leading expert in attracting A-list investors and raising capital using LinkedIn. Yakov Smart, President and Trusted Advisor of Linked Leads Enterprise, will join us today to talk about turning our LinkedIn profiles into capital-raising assets, starting from the “internet handshakes” to actually getting deals done.
Let’s jump into this episode and learn how we can attract investors on LinkedIn using Yakov’s 5 easy tips!
[00:01 - 07:17] Opening Segment
- I introduce our guest, Yakov Smart
- Growing up in the social media era
[07:18 - 14:35] Zero Additional Ads Spent
- Yakov talks about prospecting in LinkedIn
- Why use LinkedIn over Facebook?
[14:36 - 21:22] 5 Easy Tips To Attract Investors
- What is X-factor list building?
- 3 things to look for in an investor
- Don’t miss Yakov’s 5 easy tips to attract investors
- Catch people’s attention in a split second
[21:23 - 29:52] 3 Steps to Build Trust, Credibility, and Value
- How to be trustworthy, credible, and valuable
- Value
- Challenge-awareness
- Question
- 3 types of LinkedIn connections
[29:53 - 42:35] 3 C’s to Say to an Investor
- What should you talk about with an investor?
- Using automated messages effectively
[42:36 - 45:59] Closing Segment
- Connect with Yakov - links below
- Final words from Yakov and Me
Tweetable Quotes:
“You wanna make sure your messaging is optimized to accelerate trust and you want your messaging to be optimized in a way so that potential investors know what’s in it for them.” - Yakov Smart
“Your [LinkedIn] profile is so much more than a resume. It's a marketing asset. It’s a piece that can build that trust and get that investor interested...” - Yakov Smart
Resources mentioned:
- Disrupting LinkedIn by Yakov Savitskiy
Connect with Yakov on LinkedIn and Facebook or visit Linked Lead Enterprises and their LinkedIn and Facebook pages. Check out http://linkedleads.us/rcwebinar for the free training on raising capital and finding high net-worth investors using LinkedIn.
Guest email: Yakov@Linkedleads.Us
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https://www.5tcre.com/
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Our guest for today is Colm McEvilly, Investor Relations Manager at Grocapitus Investments. Today, he will share with us the steps we need to take to improve our skills in investor relations. His journey in real estate started after he survived a life-or-death situation, realizing that he needed to have a stable source of income once his professional career is done. He will also talk about Grocapitus’ key strategies, which helped the company acquire more than 3,000 units worth over $345 million.
[00:01 - 09:31] Opening Segment
- Let’s get to know Colm McEvilly
- What’s Colm doing right now?
- The only ethical way to be a salesperson for Colm
[09:32 - 15:18] The Biggest Mistake in Investor Relations
- Don’t miss Colm’s methodology to evaluate deals!
- “Hyper-local real estate”
- The biggest mistake in investor relations
[15:19 - 26:05] 3 Key Steps to Good Investor Relations
- How you should talk with investors
- Grocapitus’ strategy about exit cap rate
- We discuss operating agreements
[26:06 - 32:59] The Secret to All Kinds of Success
- Colm talks about important terms in real estate!
- He shares some tips about analysis paralysis
- What’s the secret of all successful people?
[33:00 - 47:21] Closing Segment
- Connect with Colm. Links below
- He talks about his daily routine
- The value of transparency in investor relations
- Final words from Colm and me
Tweetable Quotes:
“You really have to learn by doing. Jump in. If you’re not comfortable with doing a 100K investment or 50K investment, that’s okay. Find something you are comfortable in and you’ll learn.” - Colm McEvilly
“The people that are most successful are people that are consistent with the effort.” - Colm McEvilly
- Neil Bawa
Connect with Colm on LinkedIn and Instagram. Also, visit their website and their LinkedIn page. You can also schedule a meeting with Colm here.
Guest email: colm@grocapitus.com
Connect with me:
https://www.5tcre.com/
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Anton Mattli, Chief Executive Officer of Peak Financing, is an experienced commercial and investment banker and private equity and commercial real estate expert. He held senior management positions at major financial institutions in New York, Tokyo, Hong Kong, and Zurich, guiding them in financing and restructuring commercial real estate worth several billion U.S. Dollars. He has also overseen loan portfolios consisting of aircraft and ocean transport vessels. That’s what we’re going to focus on in this episode.
Let’s dive right in to learn everything you need to know about real estate lending.
[00:01 - 07:29] Opening Segment
- Let’s get to know Anton Mattli
- What’s Anton doing right now?
- The benefits of multifamily
[07:30 - 19:36] The Best Asset to Acquire
- Anton talks about diving into multifamily
- What is this must-have asset?
- Their adjustments during the COVID-19 pandemic
[19:37 - 30:31] 25% Cushion
- Your focus as a passive investor
- Anton defines terms you don’t want to miss!
- Higher “cushion,” lower risk
- What does this mean?
- The common problem of passive investors for Anton
[30:32 - 47:44] Lend in Real Estate Better
- The perfect storm is outside multifamily now
- Where is it?
- Anton’s thoughts about the future of Real Estate
- More distressed assets
- How to be a smart lender in real estate
[47:45 - 50:13] Closing Segment
- Connect with Anton. Links below
- Final words from Anton and me
Tweetable Quotes:
“...you should bring some form of multifamily experience to the table. If you do not have it, partner up with someone who has it.” - Anton Mattli
“Now, the perfect storm is outside of multifamily and it’s in hospitality.” - Anton Mattli
Connect with Anton on LinkedIn, Facebook, and Twitter. Also, visit their website and their social media channels: LinkedIn, Facebook, Twitter, Instagram, and YouTube.
Guest email: anton@peakfinancing.com
Telephone: (972) 725-7878
Connect with me:
https://www.5tcre.com/
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Today’s guest is Mr. Kansas City himself, Logan Freeman. Logan is a real estate investor, developer, and agent who has found his niche in the industry acting as an investment property specialist and representing buyers instead of sellers in the transaction process. Before he turned into a real estate star, he was playing professional football but didn’t really have his touchdown moment.
Let’s jump into Logan’s story and find out how this former Oakland Raider learned real estate in a classroom on wheels!
[00:01 - 06:59] Opening Segment
- I introduce our guest, Logan Freeman
- What’s Logan doing right now?
[07:00 - 20:51] Classroom on Wheels
- Fixed Mindset vs. Growth Mindset
- Out-work people
- His transition from professional football to real estate
- Physical transition
- Mindset shift
[20:52 - 29:28] “We” not “Me” in Real Estate
- Overcoming adversities
- Investing tips you don’t want to miss!
- Teamwork in real estate
[29:29 - 41:13] The Intent in Investing
- Logan shares his approach in real estate investing
- The 5 laws of out-of-state investing success
- What’s this letter you need to write for the brokers?
[41:14 - 47:03] Future is Last
- What’s Logan’s strongest suit?
- The 4F’s in Logan’s circle
- Getting out of “transactional anxiety”
[47:04 - 51:43] Closing Segment
- Connect with Logan - links below
- Final words from Logan and Me
Tweetable Quotes:
“Everything I was going to get in life, I was gonna work for it.” - Logan Freeman
“...the decisions that you made turn to create the life that you’re about to have.” - Logan Freeman
Resources mentioned:
- Jerome Myers
- Mindset: The New Psychology of Success
- Entrepreneurs on Fire with John Lee Dumas
- Lewis Howes
- Tim Ferriss
- Zig Ziglar
- Brian Tracy
- Jim Rohn
- BiggerPockets
Connect with Logan on LinkedIn, Facebook, Twitter, Instagram, and YouTube. Check out his personal website and FTW Investments to learn more.
Guest Email: logan@livefreeman.com
Telephone: (573) 694-9669
Connect with me:
https://www.5tcre.com/
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Leave us a review and receive your free ebook
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Let me disrupt you with what you’re doing because I bet you can’t miss this episode. Our guest for today is Ben Suttles, Co-founder and Managing Partner at Disrupt Equity. Ben has been an entrepreneur for 15 years, starting at sales in the IT industry. His experience in sales and management led him to a successful career in commercial real estate, helping Disrupt Equity acquire and manage assets worth $100 million.
Let’s listen to Ben’s story to learn real estate better and help yourself have a successful real estate career as well!
[00:01 - 08:53] Opening Segment
- Let’s get to know Ben Suttles
- What’s Ben doing right now?
- His path to real estate
[08:54 - 20:00] Confidence and Motivation
- Ben tells us what it takes to raise money
- Find out why multifamily investing is relevant today
- It’s found in the hierarchy of needs
- Leaving your regular job for real estate
[20:01 - 29:02] Project Management in Steroids
- “Burning ships” is inevitable
- Find out why
- Real estate investing is project management in steroids
[29:03 - 41:02] Invest Better with Real Estate
- Don’t miss Ben’s nuggets to be successful in real estate!
- Network even if you’re a passive investor
- Learn to underwrite deals on your own
- Overcoming the COVID-19 pandemic
- Find out why real estate is a safer investment than stocks
[41:03 - 48:53] Closing Segment
- Connect with Ben. Links below
- Ben talks about Disrupt Equity’s growth
- Final words from Ben and me
Tweetable Quotes:
“When you’re raising money, it’s all about confidence. You have to know your deal. You have to know your numbers.” - Ben Suttles
“Just get out there and take action. It’s not gonna be perfect. You’re not gonna know all the things that are gonna happen.” - Ben Suttles
Resources Mentioned:
- Rich Dad Poor Dad
- Del Walmsley
- Brad Sumrok
- Tony Robbins
- Meetup
Email Ben at ben@disruptequity.com or call 832.264.8052. Connect with him on LinkedIn, Facebook, and Instagram. Also, visit their website and their social media channels: LinkedIn, Facebook, Twitter, Instagram, and YouTube. Check out Disrupt Management, Peak Financing, and Strategic Insurance Group to learn more.
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Ryan Smith is a founder of Elevation Capital Group, a renowned leader in the alternative real estate circles. He co-manages multiple investment funds, specializing in indirect and direct investing, mobile home parks, and self-storage assets accounting for more than 20,000 units distributed in over 25 states. Today, he will join us to talk about Elevation and their business approach, as well as his personal mindset in real estate investing. He will also share tips on how and where we can diversify our funds.
[00:01 - 10:12] Opening Segment
- Let’s get to know Ryan Smith
- What’s Ryan doing right now?
[10:13 - 20:26] Mobile Home Parks
- Ryan shares his jump to commercial real estate
- Learn a few analytics terms from Ryan
- What are the advantages of mobile home parks?
- Don’t miss these tips Ryan learned in a white cloth napkin!
[20:27 - 28:19] Preparation + Opportunities
- Luck is preparation and opportunity meeting each other
- Find out why
- The role of faith in doing business
[28:20 - 39:22] Fund Diversification
- Ryan talks about investment funds
- How can you diversify your funds?
- geography
- asset class
- He shares his business mindset
[39:23 - 49:03] Market Observations
- Catch Ryan’s unique takes on the market today
- What’s Ryan curious about?
[49:04 - 52:27] Closing Segment
- Connect with Ryan. Links below
- Final words from Ryan and me
Tweetable Quotes:
“Big things have small beginnings and the small beginnings is where the value is.” - Ryan Smith
“When somebody’s investing into a fund or syndication, to me...the biggest risk is the people making decisions.” - Ryan Smith
Resources Mentioned:
- National Christian Foundation - Orlando Chapter
- Kingdom Capitalists
Email Ryan at ryan@elevationcg.com, call him at 888-642-2007 ext. 101, and connect with him on LinkedIn. Visit their website and their LinkedIn and Facebook channels to learn more.
Connect with me:
https://www.5tcre.com/
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Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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“Don’t put your eggs in one basket.” This classic saying has been practiced by Annie Dickerson and the rest of Goodegg Investments. They have been leveraging the power of teamwork and partnerships for more than a decade, generating real estate assets worth more than $800 million. Annie, Goodegg’s Chief Operating Officer, will join us today to share some tips to be successful in real estate. She will also advise us on how to start our real estate career on the right track.
Let’s listen to Annie’s story and learn the secrets of a successful real estate business.
[00:01 - 08:52] Opening Segment
- Let’s get to know Annie Dickerson
- What’s Annie doing right now?
[08:53 - 14:34] Legacy-Building
- Framing real estate for other people
- Building your legacy through real estate
[14:35 - 20:49] Clone Yourself
- Annie talks about their business approach
- She walks us through the start of their company
- Don’t miss Annie’s tips to be successful in real estate!
[20:50 - 36:42] The Weekly Scramble
- Annie talks about sharing knowledge efficiently
- Catch Annie’s advice to start your real estate career
- Education and mentorship are keys to their success
[36:43 - 42:05] Fears vs. Opportunities
- When should you leave your full-time job?
- What made Annie burst into tears?
[42:06 - 50:54] Closing Segment
- FREE BOOK! Text “book” to 41404 for more details
- Annie’s recommended books
- Emerging Real Estate Markets
- Building a StoryBrand
- Becoming Supernatural
- Final words from Annie and me
Tweetable Quotes:
“Everybody has a different role and only through the whole team coming together were we able to get the deals done.” - Annie Dickerson
“You don’t know who’s actually gonna see anything that you post [in social media], but when you have somebody’s email and you show up in their inbox, that’s gold right there.” - Annie Dickerson
Resources Mentioned:
- BiggerPockets
- Cutco
- Investing For Good
- Traction: Get a Grip on Your Business
- The Kingdom Real Estate
Email Annie at annie@goodegginvestments.com or connect with her on LinkedIn, Facebook, and Instagram. Visit their website and their social media channels: LinkedIn, Facebook, Instagram, and YouTube. Listen to their podcast.
Connect with me:
https://www.5tcre.com/
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Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Sandhya Seshadri is the founder and Chief Executive Officer of MultiFamily4You. She has 20 years of experience as a leader in the equities markets and is now in commercial real estate due to tax advantages and the potential of “forced appreciation” of assets. Her mission is to help other people capitalize on all of the benefits of real estate investing. Sandhya has invested in more than 3,500 units worth $250 million as a limited partner, key principal, or general partner.
Let’s jump into this episode and learn from Sandhya how we can be successful real estate investors through the principle of “underpromise and overdeliver.”
[00:01 - 05:57] Opening Segment
- Let’s get to know Sandhya Seshadri
- What’s Sandhya doing right now?
[05:58 - 15:00] Passive Education
- Sandhya talks about her “internship phase”
- Don't miss Sandhya’s tips on being an active investor
- She explains the cap rate in real estate
- Be passive before active
- What does Sandhya mean by this?
[15:01 - 27:24] Underpromise, Overdeliver
- How should we value deals?
- Single-family vs. Multifamily
- Sandhya talks about this number that you should note
- Underpromise, overdeliver
- But not too much. Find out how
[27:25 - 37:33] Conservative Underwriting
- Sandhya shares some golden nuggets to start investing
- What should be on a passive investor’s checklist?
- Real estate should not be rushed
- Find out why
- What’s next for Sandhya?
[37:34 - 43:15] Closing Segment
- What to look for in a sponsorship team?
- Connect with Sandhya - links below
- Final words from Sandhya and me
Tweetable Quotes:
“A really good operator is gonna take over a property and make it run more efficiently.” - Sandhya Seshadri
“Passive education is so important before you become an active investor.” - Sandhya Seshadri
“Anytime it is real estate, it is money that is long-term. It’s not a short-term investment so be prepared for that capital to be missing or gone for a few years.” - Sandhya Seshadri
Email Sandhya at multifamily4you@gmail.com. Visit their website or connect with her on LinkedIn and Facebook.
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
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Today’s guest is Prashant Kumar, Founder and Managing Partner of My Realty Gains, LLC. Prashant shares his humble beginnings, starting with his arrival in the United States in 1998 with only $115 in his pocket. He found himself in the real estate world after 25 years in Corporate America, helping his company acquire over $60 million in commercial real estate and manage 1,200 apartment units. Now, he is focusing on his passion for assisted living properties, providing shelter for senior citizens in need.
Let’s all be inspired and listen to Prashant’s story of success!
[00:01 - 08:20] Opening Segment
- Let’s get to know Prashant Kumar
- Prashant shares his humble beginnings
[08:21 - 18:32] How to Make Your Money Work
- The idea of “your money working for you”
- His jump to multifamily from single family
- Don’t miss Prashant’s tips to start in real estate
- A failed project that helped Prashant take off.
[18:33 - 27:00] From $115 to $60 Million
- Prashant talks about his real estate mindset
- Prashant’s secrets to attract investors
- His ways to use digital marketing in real estate
[27:01 - 35:23] Your Most Important Asset in Real Estate
- How to use your platforms to educate others
- We talk about mentorship in real estate
- Prashant’s advice to passive investors
- FREE email course by Prashant! Link below
[35:24 - 40:44] Closing Segment
- Connect with Prashant - links below
- Prashant’s parting words
- Learn to say “no”
- Educate others
- Final words from Prashant and me
Tweetable Quote:
“[The business of assisted living properties] is not about earning money. It’s about giving back to the society.” - Prashant Kumar
“[In] any platform that you create, the focus is to educate.” - Prashant Kumar
Resources mentioned
- Jake & Gino
Connect with Prashant on LinkedIn and Facebook. Visit their website and sign up for their free 7-day email course. Check them out on LinkedIn, YouTube, and Instagram to learn more.
Guest Email: prashant@multifamilyrealtygains.com
Telephone: 631 428 6479
Connect with me:
https://www.5tcre.com/
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Today’s guest is a familiar face in the multifamily business world. Jerome Myers, founder and Chief Inspiration Officer of DreamCatchers and The Myers Development Group, will join us today to share his story and give us tactical tips to invest successfully in multifamily. After dropping out of corporate America, he has walked a path where he has been helping other people exit the “Matrix.”
Let’s dive right in and learn from Jerome how taking the red pill can gain us our freedom.
[00:01 - 09:05] Opening Segment
- Let’s get to know Jerome Myers
- From corporate America dropout to real estate superstar
- Jerome talks about the reward he couldn’t accept
[09:06 - 24:06] Finding Hidden Gems
- Jerome tells us his future plans
- Gathering people
- Inspiring people
- He talks about his desire in organizing conferences
- Showcasing people you won’t hear anywhere else
- Exhibiting diversity
- “If other people can do it, so can you”
- Is there a valid excuse for saying you can’t do it?
[24:07 - 37:39] Taking the Red Pill
- Don’t miss Jerome’s tips to become a passive investor!
- He talks about the difference between active and passive investing
- He tells us how to improve our visibility in the real estate world
- We talk about transitioning to multifamily
[37:40 - 43:15] Opening Doors for Others
- Jerome walks us through his approach in multifamily
- He talks about opening doors for potential investors
- He talks about the “scariest thing” no one wants to see
[43:16 - 49:10] Closing Segment
- Connect with Jerome - links below
- Final words from Jerome and Me
Tweetable Quotes:
“My goal, my desire, was to bring people to the stage that you’re not gonna hear anywhere else.” - Jerome Myers
“You shouldn’t invest in things that you don’t understand.” - Jerome Myers
Resources Mentioned:
- Mid-Atlantic Multifamily Investing Conference
- Pow Wow at the Mountaintop
Email Jerome at jerome@myersmethods.com or call him at 804-214-6105. Visit his personal website, connect with him on LinkedIn and Facebook, and listen to him on Multifamily Missteps and DreamCatchers.
Check out Myers Methods to learn the 4-step process to owning and operating apartments.
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You might not know his name now, but you will know soon. Our guest for today is a rising star in the real estate business, John Okocha. John is Vice President of Acquisitions with the Elevate Commercial Investment Group and an integral part of growing more than 1,700 multifamily real estate units in 2019. He was 17 years old when he took his first real estate course. Almost a decade later, he’s now an executive of a real estate firm at 25.
If John can do it, so can you. Let’s all welcome, John, and learn how to break into multifamily and join a $150-million dollar team.
[00:01 - 06:46] Opening Segment
- I introduce our guest, John Okocha
- John shares his path to real estate
- First course in real estate at 17 years old
- How much did he spend on his first course?
[06:47 - 15:10] Calling 1,000 People a Day
- John shares his transition from single family to multifamily
- He talks about how he is showcasing his value to his team
- He tells us a story on his first deal
[15:11 - 22:40] Normalizing Expenses
- John shares some tips to underwrite a deal you don’t want to miss!
- What does he mean by “normalizing” expenses?
- How about “T-12,” “NOI,” and “rent roll?”
- He tells us what is an 8% cash-on-cash return
[22:41 - 34:11] Borrowing Track Records
- John tells us how he’s achieved many things at his age
- Leveraging other people’s track record
- He shares his team’s approach before and during COVID-19
- He gives a few golden nuggets about underwriting a deal
- John shares an interesting story you’d want to hear!
[34:12 - 42:23] Closing Segment
- What’s next for John?
- He tells us the fastest way to get whatever we want
- Connect with John. See links below
- Final words from John and me
Tweetable Quotes:
“Treat people well. Treat people with integrity. Mean what you say…because it’s the right thing to do.” - John Okocha
“Teamwork makes the dream work.” - John Okocha
“Surround yourself with the people that have what you want. That is the quickest way to get what you want.” - John Okocha
Connect with John on LinkedIn, Facebook, and Instagram. Visit their company online and on LinkedIn, Facebook,Instagram, and YouTube.
Guest Email: john@elevatecig.com
Connect with me:
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Kenny Wolfe is an experienced multifamily syndicator, the founder, and CEO of Wolfe Investments, and published author of “Investing in the Dream: How to Acquire Multifamily Real Estate and Attain Total Financial Freedom.” He invested in his first multifamily property in 2010 and instantly saw the potential for real estate to transform his life-giving him the opportunity to quit his day job and start a company. Kenny is passionate about helping others attain financial freedom through real estate investing. He has been involved in over $250 Million worth of commercial real estate transactions nationwide and is a principal in 2,799 units.
Let’s jump into Kenny’s story and learn more about his approach to Multifamily Syndication
[00:01 - 07:42] Opening Segment
- Let’s get to know Kenny Wolfe
- His background in Multifamily syndicated investments
- Kenny talks about how he got into the world of Real Estate
- He immediately jumped into Multifamily
- The role of networking in Real Estate
[09:18 - 17:43] Handling Investments and Deals
- Kenny talks about their latest deals and acquisitions
- The recently acquired a Rockefeller building in Cleveland
- The difference between a class B and C property
- Kenny talks about how they grow the value of a property
- Their current Multifamily assets and investments
[17:44 - 31:09] Wolf Investments Business Model
- Getting into his first passive investment deal worth $100k
- The constant risk, sacrifice, and compromise in every deal
- Kenny talks about the transactions and deals they’ve done for the past 10 years
- A total of 35 Multifamily deals
- Bank, Bridge, and Agency
- Their Triple net lease
- Meant for people with steady stable cash flows
- The difference between Double net and Triple net
[31:10 - 37:53] Closing Segment
- Say hello to Kenny - links below
- Words of wisdom from Kenny
- Final words from Kenny and Me
Tweetable Quotes:
“There’s no smooth deal. There’s always curved balls thrown at you.” - Kenny Wolfe
“When investing for your retirement, you’ve got to make sure and sit down and know what you want out of your retirement and when you’re retiring.” - Kenny Wolfe
Resources Mentioned:
- Wolfe Investments
Connect with Kenny by visiting their website http://wolfe-investments.com/ . Be sure to check out Kenny’s Youtube channel here.
Guest Email: elisa.maravilla@5tcre.com (Assistant: Elisa Maravilla)
Phone: (210) 667-2030
Connect with me:
https://www.5tcre.com/
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Leave us a review and receive your free ebook
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When your income grows, your taxes follow. With that in mind, it’s important to take charge of your finances and start investing for your future. Alina Trigub is the Founder and Managing partner of SAMO financial. She loves helping people. Her passion is to spread the word about the benefits of passive investing in various forms of real estate and to empower people to build wealth for themselves and for their families.
Let’s jump into Alina’s story and learn more about passive investing
[00:01 - 08:30] Opening Segment
- Let’s get to know Alina Trigub
- She talks about her history with taxes and investing
- First encounter with Syndicated investments
- The inspiration to help other people build their wealth through passive investing
[08:31 - 17:48] Passive Investments
- A look back on Alina’s time as an IT
- Alina talks about the progression of her journey
- Her diverse investments brought the inspiration to help others with her own company
- Things to consider when investing in commercial Real Estate
- Education: You need to educate yourself
[17:49 - 27:58] Expand Your Knowledge and Network
- Engaging in meetups, Building Confidence
- Alina talks about how she started her meetups
- Educating yourself, Expanding your network
[27:59 - 34:54] From Passive Investor to General Partner
- Going from a Passive to an Active role in investing
- Establish your authority
- Educate yourself
- Build your network and credibility
- Alina talks about building her network through her meetups and blogs
[34:55 - 40:50] Closing Segment
- Say hello to Alina - links below
- Final words from Alina and Me
Tweetable Quotes:
“If you want to become active and operate in Syndication space, you have to become authority, you have to know what you’re doing, so Education is the key. Networking is essential because you want to build a team, you want to find the right partners.” - Alina Trigub
“Real Estate, just like any other business is about establishing and building relationships. - Alina Trigub
“Investing takes time, effort, and patience.” Alina Trigub
Resources Mentioned:
- Multi-Family Millions by David Lindahl
Say hello to Alina on LinkedIn, Facebook, and Instagram. To visit their website, check out SAMO Financial.
Guest Email: Alina@samofinancial.com
Connect with me:
https://www.5tcre.com/
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We should always be ready to say “hello!” to opportunities when they knock on our doors. However, not everything that knocks is an opportunity. I believe that our guest for today can help us tell when to open or not open our doors. Ola Dantis is the Founder and CEO of Dwellynn, a multifamily investment syndication company. He is also an active thought leader in social media, having over 45,000 followers on Instagram.
Let’s jump into Ola’s story and learn more about grabbing the opportunities that matter to us!
[00:01 - 09:18] Opening Segment
- Let’s get to know Ola Dantis
- He talks about this life-changing phone call
- What’s the thing that a good man does according to Ola?
[09:19 - 18:05] Why Social Media is Important
- Ola talks about this interesting mantra in life
- No excuses
- He shares some golden nuggets you don’t want to miss!
- Explore the Federal Housing Administration Program
- Move to another state with better rates
- Find a mentor
[18:06 - 30:23] The Shiny Object Syndrome
- Ola talks about the Shiny Object Syndrome
- He walks us through his podcasting journey
- A thought leadership platform
- Lesson learned: Trust the process
- What does Ola’s daily routine look like?
[30:24 - 41:10] The Best Country in the World
- Ola shares his approach as a multifamily syndicator
- Mindset
- Soulset
- Skillset
- He talks about what he believes is the best country in the world
- The role of faith in Ola’s life
[41:11 - 47:57] Closing Segment
- What’s next for Ola?
- Say hello to Ola - links below
- Final words from Ola and Me
Tweetable Quotes:
“Success never ever comes in a golden box with a red ribbon tied around it. It could be a phone call from a friend or it could be a DM on Instagram. It could be a message on LinkedIn.” - Ola Dantis
“Real estate is not a get-rich-quick scheme.” - Ola Dantis
Resources Mentioned:
- Amazon
- BiggerPockets
- Federal Housing Administration
- The 5 AM Club
Say hello to Ola on LinkedIn, Facebook, Twitter, and YouTube. Check out Dwellynn and their LinkedIn, Facebook, YouTube, Twitter, and Instagram pages to learn more. Visit www.InvestWithOla.com to connect with Ola and listen to their podcast.
Connect with me:
https://www.5tcre.com/
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Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Numbers look daunting even for seasoned real estate professionals. That is where financial accounting experts can add value. Keith Arnell, Founder of Pavillon Advisors, provides reliable outsourced accounting services and supports businesses in gaining financial insight into their companies. A Certified Public Accountant, Keith offers expert bookkeeping and accounting services, especially on understanding finances, cash flow, and accounts better.
I’m looking forward to hearing from Keith about the best practices in financial accounting that we can apply in real estate investing.
[00:01 - 09:40] Opening Segment
- Let’s get to know Keith Arnell
- We talk about the services his company offers
[09:41 - 21:35] Best Practices in Financial Accounting
- Keith talks about the importance of financial accounting
- He shares some strategies of his best-performing clients
- He gives his top-5 key performance indicators you’d want to list
[21:36 - 29:17] The “Fun” in “Fund”
- Keith talks about his fund management experience
- We talk about how you can invest in multiple deals simultaneously
[29:18 - 36:16] Ask About the Tax
- Keith talks about K-1 in real estate
- Partner with us! See link below
- Keith tells us the importance of having tax experts on your side
[36:17 - 45:11] Closing Segment
- Connect with Keith - links below
- Keith shares some tips to understand accounting better
- Final words from Keith and Me
Tweetable Quotes:
“You may not have a lot of questions at first, but over time as you’re looking at different trends and looking at somebody that can kind of help you, you’ll start to learn more and more.” - Keith Arnell
“Efficiency can create less expenses.” - Keith Arnell
Connect with Keith on LinkedIn and Facebook or call (801) 336-6580. Visit Pavillon Advisors to learn more.
Guest Email: keith@pavilionadvisors.com
Connect with me:
https://www.5tcre.com/
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New opportunities always emerge in real estate, and I believe our guest for today can guide us to not miss those opportunities. William Walker, Co-Founder and Managing Partner of 4M Capital Real Estate Investment, will join us to talk about the opportunities and advantages of construction in multifamily investing. A licensed CPA, William currently manages assets worth $100 million and has been helping 4M Capital in managing over 1,750 units.
Let’s all welcome, William, and learn from a real estate expert!
[00:01 - 06:59] Opening Segment
- I introduce our guest, William Walker
- William shares how got into real estate
- He shares his three recipes for success
[07:00 - 15:09] “Experience is the Best Teacher”
- William talks about the “Law of the First Deal”
- He walks us through his approach in real estate
- Time
- Finance
- Energy
- Focus
- William tells us what’s really “huge” in real estate
[15:10 - 20:56] Vertical Integration
- William talks about the 3 things they’re working on right now
- He walks us through vertical integration in real estate
- He shares the current markets they’re investing in
[20:57 - 29:19] Construction in Multifamily
- We talk about the “ultimate value-add” in real estate
- William tells us why there’s really no secret sauce in investing
- He shares the advantages of construction in multifamily
- He walks us through their process of raising capital
- What’s the toughest part of the process?
[29:20 - 37:08] Closing Segment
- We summarize the episode
- William shares how he sharpened his skills by selling knives
- Connect with William. See links below
- Final words from William and me
Tweetable Quotes:
“If you’re really dedicated to making this [real estate] business work, you’ve gotta figure out ways to get experience.” - William Walker
“Start with where you are and get deals done where you can.” - William Walker
Resources Mentioned:
- Maureen Miles episode
- Ernst & Young
- Vicinia Property Management
- Vector Marketing
Connect with William on LinkedIn and Instagram and check out their company online and on LinkedIn and Facebook.
Connect with me:
https://www.5tcre.com/
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Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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We live in this world seeking our “why.” Why are we here in the first place? Well, I believe our guest for today can help us answer that question. Anna Kelley, owner of Greater Purpose Capital, Zenith Capital Group, and ReiMom, LLC, is an experienced real estate investor, owning and managing a portfolio of rental properties worth $80 million and investing in more than 2,000 multifamily units as a limited partner. She believes in the importance of financial literacy and how it can enable us to have more time for our family.
Let’s jump into Anna’s story, a 17-year journey of trying to be home for her baby, and learn more about financial literacy in real estate investing.
[00:01 - 10:01] Opening Segment
- Anna tells us why she’s in real estate
- Can financial freedom give you more time in life?
- She talks about the importance of education in real estate
[10:02 - 20:02] Financial Literacy
- Anna shares some tips to be financially literate you don’t want to miss!
- She talks about the asset classes they’re investing in
[20:03 - 32:30] Competence, Confidence, Integrity
- Anna walks us through on building real estate partnerships
- Partner with us! Visit 5tcre.com/invest
- She tells us how similarities can lead to clashes among partners
[32:31 - 40:08] Giving Back to the Community
- Anna talks about getting people out of the cycle of poverty
- Financial literacy for the youth
- Skills building for single mothers
- Partnerships among community organizations
- She shares some programs you can try that are not expensive to organize
[40:09 - 43:00] Closing Segment
- Connect with Anna. See links below
- Final words from Anna and me
Tweetable Quotes:
“Grit and perseverance is really the key to success in just about anything.” - Anna Kelley
“In everything, anything, that you ever want to learn, you’re not gonna get proficient until you practice.” - Anna Kelley
Resources Mentioned:
- Resilience by Kyle Wilson
- Chicken Soup for the Entrepreneur's Soul
- Success Habits of Super Achievers
- The Only Woman in the Room
- Multi-Family Millions
- The ABCs of Real Estate Investing
- Kingdom Capitalists
Connect with Anna on LinkedIn and Facebook or call her at (844) I GET MOM. Visit their online educational platform for coaching and speaking engagements and their website on passive multifamily investing. Also check them out on Facebook.
Guest Email: info@reimom.com
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When we talk about real estate syndication, it’s only APT to talk with THE GUY. Bruce “The Apt-Guy” Petersen will be with us in this episode to talk about the good and the bad of real estate syndication. Bruce is an award-winning real estate syndicator, TV personality, public speaker, and best-selling author, having acquired and managed over 1,100 units through his management company, Bluebonnet Commercial Management. He believes that money will take care of itself if you take care of your partners and stakeholders well. His organization lives by the principle of empathy or the idea of putting yourself on another person’s shoes.
Let’s all welcome, Bruce, and learn from a real estate expert!
[00:01 - 08:36] Opening Segment
- I introduce our guest, Bruce Petersen
- Bruce shares his background
- He talks about his book on syndication
- Find out why he wrote the book in the first place
[08:37 - 21:45] Real Estate Syndication
- Bruce talks about the “best investment vehicle” he could find
- He tells us the importance of having a coach in real estate
- Bruce talks about growing his network and building trust
- He talks about his passion in coaching real estate investors
[21:46 - 30:47] What You Owe To Your Investors
- Bruce shares his observations in real estate right now
- He tells us the importance of honesty and openness
[30:48 - 38:24] What You Need to Start in Real Estate
- Bruce shares some advice on starting in real estate
- Transparency
- Education
- Network
- He talks about more golden nuggets about real estate you don’t want to miss!
[38:25 - 43:59] Closing Segment
- Connect with Bruce. See links below
- FREE BOOK! See his website link below
- Quit being pissed off at everything
- Final words from Bruce and me
Tweetable Quotes:
“You got to be honest with people. They’re giving you their money. Tell them the truth that you believe.” - Bruce Petersen
“Syndication could be the gasoline that you pour on the smoulder of a decent portfolio.” - Bruce Petersen
Resources Mentioned:
- Syndicating Is a B*tch
- Neil Bawa
- BiggerPockets
- Bluebonnet Commercial Management
Connect with Bruce on LinkedIn, Facebook, and Instagram. Check out his website to get a free copy of his book.
Invest with Bruce: invest@apt-guy.com
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Reid Bennett, CCIM is National Council Chair of Multifamily Properties for SVN International and a Senior Vice President for SVN - Chicago Commercial. He is a licensed managing broker, focusing primarily on selling apartment communities across the Midwest and teaming with members of his council to serve clients across the country in over 150 markets. Reid prides himself on understanding the nuances and analysis of multiple unit apartment dwellings & low-income Section 8 & Section 42 communities. In 2018, Reid ranked 25th out of over 1,200 SVN advisors worldwide, receiving the Partners Circle Award from SVN.
Let’s all welcome, Reid, and learn how we can attain financial freedom from multifamily investing.
[00:01 - 10:53] Opening Segment
- I introduce our guest, Reid Bennett
- Reid shares his real estate background
- He talks about their approach in real estate
[10:54 - 18:04] Client Testimonials
- Reid talks about the mistakes you should avoid in real estate
- Consider local nuances
- Study state taxes
- He shares some tips to pick a good real estate advisor
- Who are the best references you should ask?
- Work with us! Visit 5tcre.com/invest
[18:05 - 29:52] Financial Freedom from Multifamily
- Reid tells us why multifamily is easier than other asset classes
- We talk about the “magic” of multifamily
- Reid shares some nuggets about multifamily you don’t want to miss!
[29:53 - 35:55] Multifamily The Way To Go
- Reid talks about making housing affordable for the general public
- He tells us the crucial role of multifamily in the world today
[35:56 - 40:13] Closing Segment
- Connect with Reid. See links below
- Find advisors with good track records
- Final words from Reid and me
Tweetable Quotes:
“If one person has a bad experience with somebody, they’re typically not quiet about it.” - Reid Bennett
“Multifamily is the place to be ... everybody now can [go to the] office virtually … everybody’s buying virtually. You just can’t live virtually yet. You need a place to stay. That’s why multifamily is gonna be here to stay forever” - Reid Bennett
Resources Mentioned:
- CCIM Institute
Connect with Reid on LinkedIn or call him at 773.251.7342. Visit their company online and on Facebook, Google, YouTube, Twitter, and LinkedIn.
Guest Email: Reid.Bennett@svn.com
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Today’s guest is a huge believer in the power of connecting people and adding value. He earned his real estate license when he was just 18 years old and remains as passionate as ever to the business. He was a Rookie Realtor of the Year and also owns a master’s degree in real estate. Currently, he manages 750 doors and owns a construction company and a real estate brokerage with 40 agents.
Let’s all welcome, Matt Teifke from Teifke Real Estate, and learn the difference between a 7-million- and a 200-million-dollar business.
[00:01 - 10:21] Opening Segment
- I introduce our guest, Matt Teifke
- Matt shares his personal and real estate backgrounds
- Matt talks about a few ingredients to start in real estate
- Education
- Mentorship
- Dedication
[10:22 - 21:09] The Difference Between 7M and 200M Businesses
- Matt shares an amazing story about his real estate journey
- He shares two key lessons in real estate you don’t want to miss!
- What sets a 7-million-dollar business from a 200-million-dollar business?
- What can make your real estate career and your life better?
[21:10 - 30:35] Your Niche Can Make a Difference
- Matt talks about his portfolio and niche in real estate
- He shares some nuggets on passive investing you’d want to check out!
[30:36 - 42:34] Networking Can Make a Difference
- Matt talks about commercial properties
- What does he mean by “lines in the water?”
- Don’t be afraid to make an offer
- He talks about their marketing strategies
[42:35 - 51:46] Closing Segment
- Connect with Matt. See links below
- Matt talks about their YouTube channel
- Final words from Matt and me
Tweetable Quotes:
“I think you just have to find a lot of great people and treat them right and grow together.” – MattTeifke
“It’s really, really hard when you’re getting started [in real estate]… Once you see those results, it just gets easier to work harder.” – MattTeifke
“I think everyone should have real estate … I don’t see why not.” – MattTeifke
Resources Mentioned:
- BiggerPockets
- Gary Vaynerchuk
Connect with Matt on LinkedIn and Facebook or call him at (512) 914-4806. Visit their company online and on Facebook. Instagram, YouTube, Twitter, and LinkedIn.
Guest Email: mattteifke@gmail.com
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Our guest for this episode has an amazing background. She is a leading real estate expert, speaker, and entrepreneur. She has in her portfolio over 25 years of experience in real estate, which she applies in the firm she founded, 4M Capital Real Estate Investments. Her years in different real estate ventures helped her in assembling a unique combination of hands-on management, investor management, construction skills, and deal structuring knowledge. Moreover, she is a passionate individual who values people and social connections in real estate.
Let’s all welcome, Maureen Miles, and learn more about growing money by building relationships.
[00:01 - 7:29] Opening Segment
- I introduce our guest, Maureen Miles
- Maureen shares her personal and real estate backgrounds
- She tells us a few advantages of females in real estate
[7:30 - 20:30] The First Time is Key
- We talk about the advantages of not realizing that you’re doing a good job
- Maureen talks about the things that help her succeed
- Show up
- Build networks
- Your first deal is crucial
[20:31 - 36:00] Growing Money by Building Relationships
- Maureen talks about the pros and cons of off-market deals
- She shares some tips to break into a new market
- She talks about her mental preparations to manage other people’s money
- Maureen tells us why “less is more” in partnerships
- Partner with us! Visit 5tcre.com/invest
[36:01 - 43:45] Closing Segment
- Connect with Maureen. See links below
- Maureen talks about the services her company offers
- She shares the markets they are working on
- Final words from Maureen and me
Tweetable Quotes:
“I didn’t know that it was supposed to be hard for females to get into [real estate] … I actually do take it as an advantage.” – Maureen Miles
“Once you start closing, they know you’re a ‘closer.’ That’s all brokers want…Once you prove you can perform, everything just opens up.” – Maureen Miles
“Be careful of your own mindset because I think we limit ourselves way more than anybody else limits us.” – Maureen Miles
Resources Mentioned:
- Vicinia Property Management
Connect with Maureen on LinkedIn, Facebook, and Instagram or check out her personal website. Visit their company online and on LinkedIn and Facebook.
Guest Email: mmiles@4mrei.com
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https://www.5tcre.com/
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Imagine a world where everyone could be successful. Julie Holly, VP Investor Relations at Three Keys Investments, LLC, helps people like you find their freedom through multifamily real estate investing! She’s invested in single-family homes, house-hacked before it had a name, managed properties, and passively invested in multifamily assets. She hosts the podcast, Asks Me How I Know, where she fuels the mind and soul through weekly interviews with industry leaders. In addition to serving investors, Julie uses her skills to write grants for nonprofits to grow their reach.
Let’s dive right into the show and learn from Julie how she uses Multifamily investing as a way to help people build the wealth that leads to freedom.
[00:01 - 12:38] Opening Segment
- Let’s get to know Julie Holly
- Julie gives us some background on her story
[12:39 - 20:33] An Opportunity to Help People Find Freedom
- Julie shares about her first deal
- Real Estate as an opportunity to help other people
- To be an accredited investor
[20:34 - 29:11] Getting Into the World of Commercial Real Estate
- Being open-minded to the Multifamily space
- Julie shares her process learning about multifamily
- Julie talks about her investment process
[29:12 - 37:34] We’re a part of the Beauty; Together We Win
- Julie talks about what she learned as a passive investor
- Julie’s path and actions today
- Examples of how teamwork and putting people first create success
[36:19 - 47:56] Closing Segment
- Julie gives her tactics around expanding reach through online platforms
- Sharing knowledge and experiences
- How to reach out to Julie - links below
- Final words from Julie and Me
Tweetable Quotes:
“These residents get to live here, and we’re a part of what is providing this beauty and this surrounding for them, you realize you’re a part of something larger than yourself, and, two-fold, you get to see what is taking place on the premises.” - Julie Holly
“You have to expand your thinking, you have to expand the people that surround you so that you’re wide-eyed.” - Julie Holly
Resources Mentioned:
- Ask Me How I Know Podcast
- The 7 Habits of Highly Effective People
- BiggerPockets
- Infinite Banking
- Mark Willis
- Why Invest in Multifamily, Free eBook
Connect with Julie on LinkedIn. Visit https://threekeysinvestments.com to learn more.
Guest email: julie@threekeysinvestments.com
https://www.5tcre.com/
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Our guest for today is a 20-year marketing veteran, generating award-winning projects for Fortune 500 clients such as Verizon, IBM, and Coca-Cola. He has more than 5,000 apartment units in investments and is focused mainly on multifamily acquisitions and repositions. Aside from real estate, he invests in theatrical productions, which now include Hamilton, Moulin Rouge! and American Utopia.
Let’s all welcome, Matt Picheny, Managing Partner at MJP Property Group, and learn more about passive losses in passive investing.
[00:01 - 7:29] Opening Segment
- I introduce our guest, Matt Picheny
- Matt shares why he’s in real estate
- Investors are just one key reason. Find out the other.
- He tells us when it is advisable to hold a deal forever
[7:30 - 15:32] “It’s impossible to underwrite deals like that”
- Matt tells us what he’s looking for in a deal
- Trailing 12-Months
- Rent Roll
- Offering Memorandum
- He shares advice about letters of intent that you might want to check out!
[15:33 - 25:37] Building Broker Relationships
- Matt walks us through his approach in making deals
- Building relationships with brokers is crucial
- He talks about how they’re handling COVID-19
- He shares how they raised USD 11 million of capital in two days
[25:38 - 34:33] Passive Losses in Passive Investing
- Matt talks about passive losses
- There are rules for real estate professionals and non-professionals
- Partner with us. Visit 5tcre.com/invest
- We talk about making income while reducing taxes with the right strategy
[34:34 - 40:45] Closing Segment
- Matt tells us more about his upcoming book
- He talks about his other endeavors
- Connect with Matt. See links below
- Final words from Matt and me
Tweetable Quotes:
“I look at investment as activism.” - Matt Picheny
“Whoever you’re investing with...make sure that your goals and your values are aligned with theirs.” - Matt Picheny
Resources Mentioned:
- Passive Real Estate Investment Can Be Win/Win With The Right Syndicator
Connect with Matt on LinkedIn and Facebook or call him at (646) 522-1369. Visit their company online, where you’ll get updated on Matt’s upcoming book. Check them out also on LinkedIn and Facebook.
Guest Email: matt@mjppg.com
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I had the honor of talking with a local favorite in San Antonio, Texas, Bethany Babcock. She founded Foresite Commercial Real Estate in 2014, which has been one of the fastest-growing commercial real estate firms in South Texas. Only four years later, she was named by the San Antonio Business Journal as one of the “40 under 40.” Bethany has guided her company in managing more than $100 million in retail investment properties throughout Texas thanks to her team’s passion for education and development of its people.
Let’s get to know Bethany more and learn how you can be a standout buyer in the real estate world.
[00:01 - 08:40] Opening Segment
- How’s Bethany Babcock
- Bethany shares the asset classes they cover and their area of expertise
[08:41 - 19:23] Waiting or Going Ahead
- Bethany talks about their “incredibly humbling” start in the business
- She shares a few tips on growing a company that you’d not want to miss!
- She talks about the adjustments their company is making during the COVID-19 pandemic
[19:24 - 28:00] Taking the Accounting into Account
- Bethany talks about triple net leases
- She tells us the importance of working with an experienced property management team
- Find out how they handle their accounting
- Interview their other clients
- Ask them for examples of what they will report to you
[28:01 - 41:24] Being a Standout Buyer
- Bethany shares some secrets for an inexperienced buyer to stand out in the real estate industry
- She tells us a few magic words investment sales brokers would love to hear from you
- She talks about cap rates in San Antonio before and during COVID-19
[41:25 - 52:30] Closing Segment
- Bethany talks about their interactions with sophisticated buyers and what sets them apart from everyone else.
- She tells us more about their passion for education and development of people in the real estate world.
- Connect with Bethany. See links below
- Final words from Bethany and me
Tweetable Quotes:
“In crisis, there is opportunity.” - Bethany Babcock
“Start doing your due diligence fast and be willing to say ‘yes’ or ‘no’ and move on quickly.” - Bethany Babcock
“Personality is a big deal when you’re dealing with someone.” - Bethany Babcock
Resources Mentioned:
- Marcus & Millichap
Connect with Bethany on LinkedIn or call her at (210) 816-2734. Visit their company online and on LinkedIn, Facebook, Twitter, Instagram.
Guest Email: BBabcock@ForesiteCRE.com
Connect with me:
https://www.5tcre.com/
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Email us --> abel@5tcre.com
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I say all the time, the best way to scale is through multifamily. That’s why I can’t wait to hear from today’s guest Ismael ‘Rey’ Reyes, Founder and CEO of MI Real Estate LLC. Rey has been focusing on multifamily since 2016. He also provides independent consulting to multifamily investors and is the author of a #1 Amazon Real Estate New Release titled BLUF. He retired with over 28 years of service in the U.S. Army and is now passionate about helping others become financially free by passively investing in apartment building deals with a special focus on raising money.
Let’s dive right in and learn from Maestro Rey’s journey starting passive and going active using his multifamily scaling mindset.
[00:01 - 06:32] Opening Segment
- Let’s get to know Ismael ‘Rey’ Reyes
- Rey gives us some background on his story
[06:33 - 11:10] Teamwork, Confidence, and Measure Risk
- Rey talks about his takeaways from the Army
- The current state of the market
- How Real Estate is a controllable asset
[11:11 - 23:22] Starting Passive and Going Active
- Rey talks about education and transitioning into real estate
- Rey shares about becoming a GP
- Rey’s first few deals and his strategy today
[23:23 - 28:50] Giving the Bottom Line Upfront
- Rey talks about writing his book
- The value you can get from it
[28:51 - 38:34] Closing Segment
- Where you can find Rey’s books - check links below and give a review
- Where to reach Rey - links below - be one of the first five people to mention the show get a free copy
- Getting started on your journey
- Final words from Rey and Me
Tweetable Quotes:
“You have a mission, and the only way you can accomplish that mission is by working together, and I think that’s the key.” - Ismael Reyes
“It’s very easy to find an operator and they take you wherever they take you, but you can also do it the other way around, where you let the market take you, then you find the operators.” - Ismael Reyes
“Every long journey starts with that first step!” - Ismael Reyes
Resources Mentioned:
- BLUF - by Ismael Rey Reyes
- How Money Walks
Connect with Rey on LinkedIn and Facebook. Visit https://mirealestate.us/ to learn more and be one of the FIRST FIVE PEOPLE to reach out and mention the show to get an AUTOGRAPHED COPY OF HIS BOOK FOR FREE.
Guest email: ismael.r@mirealestate.us
Connect with me:
https://www.5tcre.com/
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Email us --> abel@5tcre.com
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Today, I have Daniel Holmlund with me. Daniel is a software developer at Intel and a multifamily investor at Aalon Capital LLC. His journey in multifamily investing started in his adolescence when he realized that he needed to find a source of income that can help him, his family, and other people’s family in the long run. He has passively invested in 907 apartment units, 635 of which he has been a general partner. He also runs an investment club at Intel, which, as of June 2020, has over 700 active members. How do you think, does Daniel juggles his full-time job in the tech industry and his multi-family endeavors?
Let’s dive into Daniel’s story and learn more about investing from remote locations.
[00:01 - 10:00] Opening Segment
- Let’s get to know Daniel Holmlund
- Daniel talks about his journey of discovering real estate syndication
[10:01 - 19:02] Investing from Remote Locations
- Daniel shares some of his key takeaways in real estate investing that you don’t want to miss!
- Daniel talks about his strategy in real estate investment
- He engages in activities that can be done after business hours
- We break down passive investing and how you can leverage it
[19:03 - 30:20] 30 Minutes Can Make a Difference
- Daniel talks about his daily routine that you might want to adopt for yourself
- Can you still invest in a multi-family business while working on a full-time job?
- He shares some practical tips to enter the multifamily business
- Research a lot but don’t forget to take action
[30:21 - 40:30] Overcoming Analysis Paralysis
- Daniel talks about the importance of finding people who know more than you do
- You don’t necessarily need to pay for a mentor
- Time for a Fast Five Segment!
[40:31 - 49:33] Closing Segment
- Daniel talks about his investment club at Intel
- Connect with Daniel. See links below
- Final words from Daniel and me
Tweetable Quotes:
“The best part of our real estate is knowing that I’m building something that’s gonna provide passive income whether I can work or not.” - Daniel Holmlund
“You can invest in real estate from remote locations.” - Daniel Holmlund
Resources Mentioned:
- Intel
- Sizing People Up
- The Due Diligence Handbook For Commercial Real Estate
- WIN Multifamily Show
Connect with Daniel on LinkedIn, Facebook, and YouTube. Visit his business site online and on LinkedIn.
Guest Email: daniel.holmlund@aaloncapital.com
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https://www.5tcre.com/
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To learn from a man who focuses on driving success through multifamily, faith, and family; today I have with me, Lee Yoder. Lee is the founder and visionary behind Threefold Real Estate Investing. He started as a physical therapist then realized his true passion was building his own business by investing in real estate and has taken action to quickly build a portfolio with several small apartment buildings and opportunities for all involved. On top of driving his business forward by forging new relationships with top-notch professionals and partners, Lee also hosts an exciting new podcast, Threefold Real Estate Investing.
Let’s dig into this episode and learn the best thing you can do with your time if you have it, or your money if you don’t, and how you can get rewarded for the risks you take.
[00:01 - 07:52] Opening Segment
- Let’s get to know Lee Yoder
- Lee gives us some background
[07:53 - 15:39] Trading Time and Money; Sowing Risk, Reaping Reward
- How Lee tactically made the jump to Real Estate
- Buying the first property
- Lee talks about going into Multifamily
[15:40 - 23:49] Cash Back at Closing
- Lee talks about his first couple of deals
- Lee breaks down negotiating cash back at closing
- Net operating income
[17:10 - 31:23] Leveling Up
- Lee talks about his current process and deals
- What it requires to build and scale
- Lee talks about his podcast and the message behind it
[31:24 - 45:42] Closing Segment
- Lee talks about the journey with his wife and family
- How to reach out to Lee - links below
- Advice on going either passive or active
- Final words and prayer from Lee and Me
Tweetable Quotes:
“If you’ve got some time, and some extra capacity, you don’t have that high-income job, then I’d say go be active… If you’re a high-income earner, you got a very demanding job, and you don’t have time to be active, then I would say start passive.” - Lee Yoder
“If you want to invest then you gotta learn how to delay gratification.” - Lee Yoder
Resources Mentioned:
- Threefold Real Estate Investing Podcast
- Loopnet
- Rich Dad, Poor Dad
Connect with Lee on LinkedIn and Facebook, or call 937-400-3044. Visit https://threefoldrei.com/ to learn more.
Guest Email: info@threefoldrei.com
Connect with me:
https://www.5tcre.com/
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Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Today we’re going to look at who you’re adding value to with our guest Tim Kelly, Senior Managing Partner of both Kelly Housing Group and ADPI Capital. Tim is a Real Estate Investor & Educator, Best-Selling Author, Speaker, and an active duty CPO in the Navy, serving his country for 15 years. Tim has been investing in real estate since 2011 where he purchased his first single-family; his first “house-hack.” Now, he’s built a multifamily empire. Through his high-level leadership, teamwork, discipline, and grit; he became a certified Command Financial Specialist, educating hundreds of Sailors and Marines on personal finance and creating financial freedom. Tim also co-authored the book Military House Hacking!
Let’s jump right in and learn from Tim the mindset you need to catapult your wealth no matter what industry you’re in by adding value to others.
[00:01 - 04:49] Opening Segment
- Let’s get to know Tim Kelly
- Tim gives us some background
[04:50 - 13:19] Catapult Your Wealth
- Tim breaks down what he does and who he serves
- The value of a VA loan
- Tim shares his story of getting into multifamily while on-duty; adding value
[13:20 - 22:01] Building Wealth by Adding Value
- Tim talks about his first deals and the value he offered
- Learn, the team up
- High Networth people are waiting for you to approach them
[22:02 - 32:29] The Action Taker Mindset
- Tim talks about the factors and mindset you need to take action
- Implementing the action steps
- Tim’s advice for passive investors; Learn, Network, Add Value, Take Action
[32:30 - 43:34] Closing Segment
- Great returns for LP’s
- Tim talks about his deal flow
- How to reach out to Tim - links below
- Final words from Tim and Me
Resources Mentioned:
- Military House Hacking Free Download
- Active Duty Passive Income Podcast
- Set up a free call with Tim Kelly
Tweetable Quotes:
“Learn, network, take action, and add value… It doesn’t matter if you’re in real estate, if you’re in tech, if you’re in agriculture; whatever industry you’re in…” - Tim Kelly
“That’s what it’s all about, adding value to deals, adding value to people. Because you’ll get reimbursed, you’ll get compensated in income and abundance based on how much value you give to others.” - Tim Kelly
Connect with Tim on LinkedIn, Instagram, and Facebook or call Direct: +1-847-910-9161. Visit https://www.activedutypassiveincome.com to learn more.
Guest email: thetimothykelly@gmail.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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By the time he was 24, our guest helped lead the #1 real estate team in the Carolinas to produce more than $140mm in annual sales, and in today’s show, we’ll have the pleasure of hearing from him. Chris Salerno, the Founder and CEO of QC Capital LLC, believes investing in real estate is the best building block for financial freedom. Named to Charlotte’s 30 under 30, Elite 50 entrepreneurs, 30 under 30 entrepreneurs, and nominated for Forbes 30 under 30, Chris has quickly gained recognition, and notoriety for his hard work, and dedication. If that’s not enough, Chris is also the founder and host of the “Mindful Multi-family Podcast.
With all this, let’s dive into Chris’ wealth of wisdom and learn how he’s gotten to where he is by partnering with long term investors and his best practices.
[00:01 - 07:01] Opening Segment
- Let’s get to know Chris Salerno
- Chris gives us some background
[07:02 - 12:56] We’re Not Looking for a One-Off
- How Chris set his sights on Multifamily
- Looking for long term investors
- Chris’ advice for Passive investors and GP’s
[12:57 - 17:09] Asking the Right Questions and Getting Educated
- Business insights for PI’s and GP’s
- Chris talks about his upcoming book
- Chris talks about his company’s operations
[17:10 - 25:44] Knowledge is Power
- Best practices for scaling and getting you next deal
- The more you have, the more you can help
- Chris talks about the qualifications and strategies for his deals
[25:45 - 35:39] Closing Segment
- Chris talks us through the strategy for his current property
- Breaking down how to know you’re going to make an ROI
- What makes the Carolinas a good market and finding a good market
- How to reach out to Chris as an LP accredited investor - links below
- Final words from Chris and Me
Tweetable Quotes:
“We’re not looking for a one-off investment, we want an investor… that is going to be with us 50 - 60 years. We’re going to build that strong relationship for the future.” - Chris Salerno
“Education is number one… education is power, knowledge is power.” - Chris Salerno
Resources Mentioned:
- Mindful Multifamily Show
- Kingdom Capitalists
- Mindful Multifamily Network FB Group
Connect with Chris on LinkedIn, Instagram, and Facebook. Visit https://qccapitalgroup.com/ to learn more about partnering up.
Guest Email: mudit@qccapitalgroup.com
Connect with me:
https://www.5tcre.com/
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Email us --> abel@5tcre.com
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Today’s guests are a dynamic duo who believe you grow through what you go through: Tamara & Eric Leever, President and Vice President of Madre Construction, Consultation, and Capital and Managing Partners of SLS RE Holdings LLC. They met 20 years ago over a real estate transaction (After Tamara sold Eric a house) and have been married for 16 years. When they’re not running to and from properties, they’re running their daughter to and from practice or games. They’ve both had 20+ years in real estate, SFH fix & flips, MFH value add projects.
Let’s get right into this episode as Eric and Tamara share about how partnering up with people and jumping in despite the doubts has led them to learn and build success.
[00:01 - 09:49] Opening Segment
- Let’s get to know Eric and Tamara Leever
- Tamara and Eric give us some background
[09:50 - 19:19] Tapping into the Network and Jumping in Both Feet First
- Eric talks about going into their first Multifamily deal from SFH
- Learning while taking action
- Go out and find partnership
[19:20 - 27:00] Lesson Learned
- The lessons learned along the way that they apply now
- The effects of doubt on the relationship
- Tamara’s perspective on communication and vulnerability
[27:01 - 36:00] Learn Through Making Partnerships
- Next steps and strategies for Eric and Tamara
- Insights on the current state of the Detroit market
- Advice and cheat codes for passive and active investors
[36:01 - 44:41] Closing Segment
- Networking for the introverts
- Come from a place of care
- How to reach out to Tamara and Eric - Links Below
- Final words from Eric, Tamara, and Me
Tweetable Quotes:
“You never know who would go, ‘hey I’d be interested in that, let’s do this,’ and they may have the money or they may know somebody that did it, and they can hook you up.” - Eric Leever
“Tell people what your goals are, and then I think it’s a natural instinct for people to want to help people.” - Tamara Leever
“You grow through what you go through and you get stronger from it.” - Tamara Leever
“Either passively invest or actively invest, I mean it’s really what you want to do, but just do it, get past the fear… I can tell ya when you’re filled with fear you’re gonna be motivated.” - Eric Leever
Connect with Eric and Tamara or email them at the addresses below. Call Tamara at (586)322-9111.
Guest Email: Tamara teleever@gmail.com & Eric madreconstruction@gmail.com
Connect with me:
https://www.5tcre.com/
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Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Forget out about the deal for a second, how is your underwriting? How’s the quality of your sponsor? We’ll talk about this today with our guest Omar Khan, a CFA and Real Estate investor and syndicator with Boardwalk Wealth. Omar has 10 years of investing across real estate and commodities, with vast experience in advising high other net-worth advisors and entrepreneurs on real estate portfolio allocations. He’s helped many implementing global data-driven decision-making practices by focusing on relationship development, mentorship and talent management.
Let’s jump right into the episode and learn how the process and filters you use to do underwriting and partnership is vital to the overall deal.
[00:01 - 07:08] Opening Segment
- Let’s get to know Omar Khan
- Omar gives us some background
[07:09 - 15:17] Using Golden Standard Financial Advising Experience
- Omar breaks down what a CFA charterholder is and how he got the title
- How Omar uses his experience today
- How Omar does deals today and advice on playing the game
[15:18 - 23:39] Finding Deals that Fit Your Investment Criteria; Passing Filters
- Omar walks us through his deal process and strategy on the GP and Passive side
- Pass through underwriting filters then visualize
- The importance of sharing filters with the brokers
[23:40 - 33:23] Forget About the Deal for a Second
- Looking at the quality of the sponsor
- The importance of partnering with a team
- Vetting and education of the partners
[33:24 - 42:20] Closing Segment
- Omar talks about sourcing the right mentorship and education
- How to get more of Omar - links below
- How Omar gives back
- Final words from Omar and Me
Tweetable Quotes:
“Before you decide to look into numbers… you gotta decide what do I want to do? What kind of resident do I want to have? And where does that particular type of resident or a particular type of property exist?” - Omar Khan
“You have to be comfortable with, ‘letting go of deals that are not fitting your investment criteria.’” - Omar Khan
Connect with Omar on LinkedIn or email info@boardwalkwealth.com. Visit https://www.boardwalkwealth.com to learn more.
Guest Email: omar@boardwalkwealth.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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If you take care of your residents, they’ll take care of the property. Words of wisdom from today’s guest Bruce Wuollet, the Founder, Visionary, and Owner of Bakerson. Bruce has a proven track record of success throughout Bakerson’s nearly 18 years in business with thousands of individual units bought, repositioned, and sold. He has overseen all aspects of the business and his focus is on finding good deals while his passion is serving the residents by providing them with one of their basic human needs – shelter.
I’m looking forward to hearing from Bruce about how he both creates legacy and maintains high-performing assets.
[00:01 - 08:25] Opening Segment
- Let’s get to know Bruce Wuollet
- Bruce gives us some background
[08:26 - 16:03] Take Care of Your Residents
- Bruce talks about how he scaled both sfh and multifamily
- Knowing and taking care of your residents so they take care of the property
- Giving your residents something other owners won’t
[16:04 - 20:46] Knowing You Strengths and Stretching Further
- Bruce talks about his execution plan to hold in the future
- The value of working with a team and leveraging strengths
[20:47 - 27:28]Boots On the Ground; Getting Investors Today
- Bruce’s advice around being the boots on the ground for people
- How Bruce gives tactics around getting investors in this time of Covid
- Bruce’s insights for passive investors and high earners
[27:29 - 45:00] Closing Segment
- How to reach out to Bruce - links below
- The story behind Bakerson
- Bruce’s advice for people who lost on their first deals and where they can reach out
- Don’t be afraid to venture out
- Final words from Bruce and Me
Tweetable Quotes:
“A lot of owners won’t go to the property they don’t ever want to talk to the residents, they treat them like second class citizens… every body’s the same; a humans a human, and that’s how I need to be.” - Bruce Wuollet
“You never go to bed angry at your partner, just like you never go to bed angry at your spouse. Makes for a much more peaceful sleep and a better day tomorrow.” - Bruce Wuollet
Resources:
- BiggerPockets
Connect with Bruce on LinkedIn or call (520)-808-9111. Visit https://bakerson.com/ to learn more.
Guest Email: bruce@bakerson.com
Connect with me:
https://www.5tcre.com/
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Leave us a review and receive your free ebook
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We have the “Voice of Liberty” with us today; Adam J. Carswell, a real estate entrepreneur, new media marketer, and host of the Dream Chasers Podcast. Adam is a LinkedIn Power-Networker and New Media Marketing Maverick with an expertise in social marketing and network management that set him apart from the crowd. Adam is also a co-founder of the Next Level Mastermind, an exclusive commercial real estate group of the industry’s top capital raisers.
Let’s dive in so you can learn about how Adam mastered Super-Networking and what you can do to up your network game.
[00:01 - 08:51] Opening Segment
- Let’s get to know Adam J Carswell
- Adam gives us some background
[08:52 - 16:13] The Value of Investing in Your Education
- Adam talks about what his real estate education is like
- The benefits for passive investors going through the program
- Adam talks about the questions he gets from investors and his answers
[16:14 - 20:45] Give Credit to Timing
- Adam talks about the other side of his apprenticeship
- What Adam does at Concordia and Liberty Fund
[20:46 - 26:15] Crypto with Cash Flow
- Adam talks about his investments in Cryptocurrency
- Crypto backed by real estate
[26:16 - 37:04] Super-Networking
- How Adam mastered networking and put himself out there
- Getting to the point of saying No more than you say Yes
- Tactical steps to getting social from Adam
[37:05 - 45:12] Closing Segment
- I summarize Adam’s advice
- Where can people reach out - links below
- Final words from Adam and Me
Tweetable Quotes:
“You should always be looking for deals because if you’re not you can get obsolete pretty quickly…” - Adam J. Carswell
“Once you get to a level where you start saying, ‘hey I’m actually saying no way more than I’m saying yes,’ to me that’s an early sign of success.” - Adam J. Carswell
Resources:
- Dream Chasers Podcast
- Raising Capital for Real Estate Free Book
- Anarchast Podcast
- CFC Mentorship Program
- Libertyfund.io
- Concordia Realty Corporation
- Zero to One
- Joe Apfelbaum
- Liberland Show
Connect with Adam on LinkedIn, Instagram, and Twitter. Visit https://www.carswell.io/ as the single best way to reach out to Adam.
Guest Email: adam@carswell.io or VA - rena@carswell.io
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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You’ll never do what you don’t believe you can do. That’s what today’s guest Jennings Smith, believed and now he is the Principal of Live Oak Investments. Jennings has been a real estate investor since 2013 and brings over fifteen years of residential and commercial construction experience to his team. He built his first company at just nineteen years old while attending Clemson University. His years of project management experience has helped him build a substantial multifamily real estate portfolio through stabilizing value-add acquisitions.
I can’t wait to get started and learn how Jennings’ risk-taking and teamwork mindset helped him raise capital and propelled him into his current and growing success.
[00:01 - 10:19] Opening Segment
- Let’s get to know Jennings Smith
- Jennings gives us a bit of background on his experience
[10:20 - 15:06] Having the Mindset to Take Risks; Breaking Through the Ceiling
- How Jennings’s family taught him how to push forward and take risks
- Jennings talks about breaking through the savings ceiling
[15:07 - 24:54] Transitioning to Multifamily from a W-2
- Jennings talks about his current work
- The journey getting into multifamily
- How Jennings put his first deals together relying on a team
[24:55 - 29:45] Raising the Capital
- Advice from how Jennings raises capital
- Being upfront, clear, detailed, and providing options
[29:46 - 35:12] Getting Your First Deal
- Jennings advice on owner finance and how he uses it
- An example from Jennings experience
[35:13 - 43:40] Closing Segment
- Jennings thoughts on negotiating with investors
- I talk about capital gains taxes
- How to reach out to Jennings - links below
- Final words from Jennings and Me
Tweetable Quotes:
“You have to paint a crystal clear picture. If your investor is confused or you don’t really know all the details, you’re just giving them the opportunity to say no; and people always say no to something they don’t understand.” - Jennings Smith
“You’re never going to do something you don’t believe you can do.” - Jennings Smith
“I love to see people successful, and winning, and making it happen, but the fact is 90-95% of people don’t… they’re looking for a huge opportunity to come across their desk, and it will not come. So, the best way to get in this game is to just start!” - Jennings Smith
Resources:
- Tim Bratz
- Magic of Multifamily Facebook Group
Connect with Jennings on Facebook & LinkedIn. Visit https://www.investliveoak.com/ to learn more.
Guest Email: jennings@rentliveoak.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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You guys know that I try to bring you the best knowledge in real estate and financial freedom. So today I’m excited to be speaking with the CO-Founder and Manager of Four Oaks Capital, Brain Briscoe. Brian is passionate about providing high-return investment opportunities in apartment buildings for those within his network by fitting the right people with the right product according to their goals. He is also the host of the apartment investing podcast, Diary of an Apartment Investor.
Make sure you listen in and take notes as we learn the importance of taking care of your investors and best practices to do so.
[00:01 - 06:14] Opening Segment
- Let’s get to know Brian Briscoe
- Brian gives us some background
[06:15 - 17:01] Learning to Find the Right Assets to Build Networth
- Brian shares his story that has made who he is today
- Finding appreciating assets to build networth
- Brian talks about getting into commercial real estate from single family
[17:02 - 26:55] Leaders Eat Last; Learning How to Create Wealth
- What Brian has learned and applied from the Marines
- The difference between what the rich know versus the poor
- Brian shares advice and what he did to learn about Multifamily
[26:56 - 30:57] The Importance of Learning with a Community
- Brian talks about his meet-up events and finding a learning community
- Mission accomplishment in the civilian world
- Brian’s current asset strategy
[30:58 - 38:52] Our Proceeds Got Cut
- Brian talks about his first deals compared to his last
- Brian’s story about getting his proceeds cut on a loan
[38:53 - 47:44] Closing Segment
- I summarize what we’ve learned from Brian so far
- How to connect with Brian - links below
- Brian’s podcast format - an experienced investor with an aspiring investor
- Final words from Brian and Me
Tweetable Quotes:
“The redistribution of wealth; if you really understand wealth, and you understand the 5 laws of Gold, that’s the difference between the top 1% and the rest of the 99…” - Brian Briscoe
Resources:
- Diary of an Apartment Investor
- Michael Blank Mastermind
- Richest Man in Babylon
- Rich Dad, Poor Dad
- The Millionaire Real Estate Investor
- No Money Down
- Slack App
Connect with Brian on LinkedIn and Facebook. Visit https://www.fouroakscapital.com/ for more information on your free e-book and to connect with the team.
Guest Email: brianbriscoe@fouroakscapital.com
Connect with me:
https://www.5tcre.com/
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Email us --> abel@5tcre.com
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You have a voice and you have an audience, what value will you provide? Today’s guest, Kyle Mitchell is an expert at giving value and managing people. Kyle is a Multifamily Syndicator, a podcast host of the show Passive Income Through Multifamily Real Estate, public speaker, and mentor. He is also the Co-Founder and Managing Partner at APT Capital Group and passionate about helping others reach their goals.
I’m excited to get right into the show and learn how Kyle was able to move forward by setting the right goals and getting out of his comfort zone.
[00:01 - 05:43] Opening Segment
- Let’s get to know Kyle Mitchell
- Kyle gives us a bit of background
[05:44 - 16:12] Setting the Right Goals for Your Business
- Kyle talks about his transition from his job to multifamily
- Creating the right goals - S.M.A.R.T.
- Kyle talks about how his company deals with targets, KPI’s and trends
[16:13 - 21:26] The Keys to Management
- Kyle gives insights into asset management
- How Kyle leads and manages teams on a large scale
- How Kyle learned his necessary skills
[21:27 - 25:58] Finding the Right Partners
- Kyle talks about how he looks for the right team
- Looking to grow and scale on the front end
[25:59 - 30:51] Building Up and On Credibility
- Kyle talks about constant improvement and growth
- Kyle talks about his first meet up to who he is now
- How to network as an introvert
[30:52 - 42:16] Closing Segment
- Kyle shares about leveraging a platform to raise capital
- Virtual Asset Management Summit
- How to reach out to Kyle - links below
- Final words from Kyle and Me
Tweetable Quotes:
“That’s how we identify bottle-necks, by breaking it down and peeling back the onion a little bit further than normal people would.” - Kyle Mitchell
“It’s about constant improvement, constantly pushing yourself out of your comfort zone, and then constantly building that credibility kit, and really giving back to others…” - Kyle Mitchell
“Don’t focus on yourself, focus on what you’re going to provide for your guest… Every single person can benefit from something you have to say.” - Kyle Mitchell
Resources:
- Passive Income Through Multifamily Real Estate
- Passive Income Facebook Group
- Asset Management Summit
Connect with Kyle on LinkedIn. Visit https://www.aptcapitalgroup.com/ to learn more.
Guest Email: kylemitchell@aptcapitalgroup.com
Connect with me:
https://www.5tcre.com/
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Leave us a review and receive your free ebook
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This episode will give you a glimpse into what happens when you pursue something without a backup plan. Today we’ll be talking with Kelvin Fu, a Partner for the firm GL Capital. Kelvin is a determined and strong global business leader with experience in private equity and venture capital who has traveled widely and worked on bridging East and West capital with global opportunities cutting across different industries. With all his experience, he started his own business, and today he helps build wealth for passive investors in commercial, multifamily, and single-family real estate.
Let’s jump in and learn his strategy of controlling the narrative of a whole street rather than one building.
[00:01 - 07:50] Opening Segment
- Let’s get to know Kelvin Fu
- Kelvin gives us some background on his experience and how he started
[07:51 - 14:17] The GL Value-Add Strategy
- Kelvin talks about his deal with the Brown’s Loft apartments
- How Kelvin brings his past experience into real estate today
- The GL model
[14:18 - 21:42] Owning the Asset and Yourself
- Kelvin gives some insights into starting your own business
- Ad break
- Kelvin’s dream and goals for the future
[21:43 - 25:03] Controlling the Narrative of the Whole Street
- Kelvin talks about the value of owning multiple properties on a block
- Finding a mentor who can guide you and how to provide value back
- Kelvin talks about not having any other option but to succeed
[25:04 - 30:29] No Back-Up Plan
- Kelvin talks about not having any other option but to succeed
- The value of pursuing education
- Kelvin’s advice about sourcing deals
[30:30 - 39:10] Closing Segment
- Kelvin talks about the next steps of analyzing a property
- How to reach out to Kelvin - links below
- Reminder to get my free e-book - link below
- Final words from Kelvin and Me
Tweetable Quotes:
“People underestimate our model… If you prefer the heavy value-add stuff you gotta take a little bit more risk. If you prefer a more stable one the returns are gonna be less but you don’t have to stress.” - Kelvin Fu
“I started my entrepreneur journey because I wanted to do something for myself and my family. I wanted to be able to control my time, I wanted to be able to work with people that I enjoy… I think that you have to pick the industry that you enter.” - Kelvin Fu
“I think it’s about mindset, you know; Never say no. Keep learning. Go out and just learn.” - Kelvin Fu
Resources:
- GLCProperties
Connect with Kelvin on LinkedIn. Visit https://www.glcapital.io/ to learn more.
Guest Email: kf@glcapital.io
Connect with me:
https://www.5tcre.com/
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Today I’m so excited to have with us, The Managing Director of The Fortes Company, John Fortes. John started with one single-family investment then quickly decided he needed to scale, and began syndicating apartment buildings. John now shares his wisdom with busy working professionals who want to invest in real estate but really don’t have the time to commit to finding, acquiring & operating an asset through mentorship and consultation, as well as his Podcast The Passive Investor Show.
Tune in and find out how John secures wealth for his investors by leveraging fund operations.
[00:01 - 09:44] Opening Segment
- I introduce John Fortes
- John gives us some backgrounds
[09:50 - 14:40] Deal Strategies
- John’s advice for people looking to sell
- John talks about what markets he invests in
- John’s strategy going into his early deals
[14:41 - 21:53] The Passive Investor Experience; Securing Wealth
- John breaks down what he means by passive investor experience
- How John gives a good, transparent investor experience
- Balancing diversification and leveraging the operator’s experience
[21:54 - 29:53] The Value of Syndicated Partnerships
- John talks about how to know what fund to go with
- Multiple property investments
- Why go with a fund operation
[29:54 - 33:06] Finding and Giving Value
- John talks about how to become a GP and find partners
- Put yourself out there and figure it out
[33:07 - 40:07] Closing Segment
- How to connect with John - links below
- How John goes about networking
- John’s wisdom for passive investors
- Final words
Tweetable Quotes:
“I leverage the operator’s experience as much as I can. Because at the end of the day, I’m trying to beat inflation, and if another private equity firm can do it way better, faster, and more efficiently than I can, why wouldn’t I leverage that?” - John Fortes
“It’s the two-hand theory: you have one hand to raise yourself up, and another hand to raise someone else up.” - John Fortes
“My goal is to have more funds as I keep going, to be able to help more investors.” - John Fortes
Resources:
- The Passive Investor Show
Connect with John on Facebook, LinkedIn, Twitter, and Instagram. Visit https://johnfortes.com/ to learn more about how John can help you get into your next deal.
Guest Email: info@johnfortes.com
Connect with me:
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What happens when you combine two ambitious and passionate individuals in Multifamily? You get today’s guests, Dustin Miles and Hayden Harrington, managing partners of Momentum Multifamily. Both men grew up with an entrepreneurial mindset, then met later and combined their individual expertise and passion to create an innovative platform designed to help the everyday investor gain access to institutional quality investments through Multifamily.
Let’s get right into the episode and learn how our guests use their partnership and teamwork to generate wealth for themselves and for others.
[00:01 - 09:49] Opening Segment
- I introduce Dustin and Hayden
- Dustin and Hayden give us some of their backgrounds
[09:50 - 15:15] Providing Community For the Residents
- Dustin talks about his start in Multifamily and his strategy
- How Dustin gives back to the residents
[15:16 - 20:00] Getting Your First Deal
- Advice for new investors
- Dustin talks about his mindset and tactics in his first deal
[20:01 - 27:53] Starting Momentum
- Hayden gives background on how he and Dustin teamed up
- Creating something different through networking
[27:54 - 41:38] Staying Active and Analyzing Risk Today
- How networking has changed today - how to stay active
- Advice for the passive investor
- Analyzing deals and strategies for post-covid
[41:39 - 51:41] Closing Segment
- How to connect with Dustin and Hayden - links below
- Words of wisdom from Dustin on sponsors and partnerships
- How Dustin and Hayden give back
- Final words from us
Tweetable Quotes:
“Just like anything, you have to believe you can do it… I think that’s half the battle.” - Dustin Miles
“You sometimes see partnerships that come together quickly and we’ve seen a few deals that we’ve underwritten that aren’t doing so great. I think that’s because of partnerships that came together pretty quickly… Look at the team and make sure it kinda makes sense.” - Dustin Miles
“Wherever you’re at, it doesn’t really matter. There’s always a road to get to where you want to go… If you have the goal, I’d say just go for it, figure it out.” - Hayden Harrington
Resources:
- Apartment Life
- PropTech on Real Estate
Connect with Dustin and Hayden on LinkedIn. Visit https://www.momentummultifamily.com/ to learn more about what they do and how you can engage.
Guest Email: info@momentummultifamily.com
Connect with me:
https://www.5tcre.com/
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It’s never too late to start building wealth in Multifamily. Today’s guest, Dr. Craig Carlson started investing in multifamily only last year and already boasts a portfolio of 2,400 doors. Craig started as a dentist in practice and then moved into owning dentistry buildings on the side.
Let’s tune into Craig’s wisdom and learn the success you can find when you educate yourself on something then go out and just do it.
[00:01 - 07:36] Opening Segment
- Let’s get to know Craig
- Craig gives us a bit of background
[07:37 - 13:18] The Value of Education Before Action
- Craig talks about the mindset needed to manage a practice while investing in property
- The cycle of using wealth to build wealth
- Craig talks about his experience starting a bank
[13:19 - 21:03] Investing in Knowledge
- What Craig learned through losing his tax advantages and how it helped
- Gaining and investing knowledge in real estate investing
- Craig talks about why multifamily over any other asset class
[21:04 - 26:04] If Only I Could Get 300 Doors (2,400 Doors Later…)
- Craig’s mindset and journey going from a 300 door goal to acquiring 2,400
- T.I.N.A. - Capital is searching for a yield
[26:05 - 30:08] Know the ‘Who’ Behind Your Investments
- Craig goes through his vetting strategy as he’s gained experience
- Gaining trust through networking
- How Craig overcame the fear of the first deal
[30:09 - 40:36] Closing Segment
- Tactical steps on networking and gaining knowledge
- Why Craig began a mastermind
- How Craig gives back
- Connect with Craig - links below
- Final words from Craig and Me
Tweetable Quotes:
“He who has the most knowledge wins.” - Craig Carlson
“I couldn’t just retire and have nothing to do, I needed a purpose in life… I thought, how about real estate and helping others…?” - Craig Carlson
“You gotta fly with the eagles if you want to be an eagle.” - Craig Carlson
Resources:
- Rich Dad Seminar
- Think and Grow Rich
Reach out to Craig by emailing craigcarlson@gmail.com and support him by visiting https://apartmentlife.org/ and learning more about what he does to give back to the community.
Guest Email: craigcarlson@gmail.com
Connect with me:
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From Football to Multifamily! In today’s episode, we have with us, former NFL player, Willie Smith. Willie is now the Founder and CEO of Onyx Capital Investments and commercial advisor to The Overton Group. Willie strives to create superb returns on invested capital through acquiring value-add commercial real estate in emerging markets and looking for opportunities that provide excellent cash flow with strong backends. He is also the host of the Generational Wealth through Commercial Real Estate Podcast.
Let’s dive in and learn how Willie created sustainable wealth by going into the market with his NFL mindset.
[00:01 - 08:54] Opening Segment
- Let’s get to know Willie Smith
- Willie gives us some background on his story
[08:55 - 15:21] Going in with the NFL Mindset
- Willie talks about the mindset you need to play in the NFL and how he uses it now
- Confidence, Work Ethic, and Perseverance
- Willie’s advice to entrepreneurs
[15:22 - 20:05] Making Wealth Sustainable
- Willie gives some insight on how taxes look on a contract with the NFL
- Advice on managing a high income
- Issues with financial literacy
[20:06 - 25:30] Making Smart Investments
- Willie talks about starting to invest on his own
- Strategies around taxable income
[25:31 - 34:11] Getting Your First Deal
- Willie’s insights on best passive investing practices
- Knowing your tenant base - socioeconomic analyzation
- How to find the data and what to look for
[34:12 - 44:20] Closing Segment
- Willie talks about the activity of Onyx Capital Investments
- Connect with Willie - links below
- Willie’s wisdom to new investors
- Final words of wisdom from Willie and Me
Tweetable Quotes:
“You gotta believe that you are the best player on the field… it’s that confidence that allows you to play better than you probably are.” - Willie Smith
“Don’t discount the experiences from the jobs you’ve had… I learned a lot of sales techniques that I use till this day.” - Willie Smith
Resources:
- The Overton Group
- Generational Wealth through Commercial Real Estate Podcast
- Rich Dad, Poor Dad
- Census Bureau
- City-Data
- What It Takes: Lessons in the Pursuit of Excellence by Stephen A. Schwarzman
- The Billion Dollar Secret by Rafael Badziag with Jack Canfield
Connect with Willie on LinkedIn and Facebook. Visit https://onyxcapitalinvestments.com/ to learn more.
Guest Email: will@onyxcapitalinvestments.com
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https://www.5tcre.com/
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This advice might save you hundreds of thousands of dollars on taxable income. In this episode, we’ll be learning about this from our guest Brandon Hall. Brandon is a CPA and Founder and CEO of The Real Estate CPA company, and host of The Real Estate CPA Podcast combining his passion for developing creative strategies to reduce tax bills, and his interest in building long-term wealth as a real estate investor. Brandon and his team are dedicated to helping high net worth individuals and general partners in real estate syndicates by leveraging technology and developing automated solutions to give time back to our clients.
Let’s listen in to Brandon’s expertise and learn what can happen when you qualify as a real estate professional and how to get there.
[00:01 - 09:08] Opening Segment
- Let’s get to know Brandon
- Brandon gives us a bit of background
[09:09 - 13:18] The Importance of Good Financial Reporting
- Brandon talks about how he works with syndicators
- What are you looking for, what do you want to communicate
[13:19 - 21:03] Reducing Taxable Income
- Brandon breaks down accelerated appreciation via multifamily syndication
- Steps to get around the activity loss rules
[21:04 - 29:49] Qualifying as a Real Estate Professional
- Brandon talks about how to qualify as a Real Estate Professional
- Material participation piece
- The value of doubling up with a partner
[29:50 - 37:53] Cost Segregation Study
- Brandon’s best strategies for clients
- Insights and advice for GP’s and LP’s
- What to do if the syndication liquidates
[37:54 - 44:45] Closing Segment
- Last advice on claiming losses from Brandon
- Invest in people, not just an asset
- Connect with Brandon - links below
- Final words from Brandon and Me
Tweetable Quotes:
“It has to be personal service hours… if the hours you are logging do not enhance or improve the property’s operations, then those hours do not count.” - Brandon Hall
“For anyone that’s a GP or thinking about syndication, if you’re on the GP side you got to ‘Cost Seg’ if you’re on the LP side it’s more about timing… How do you best utilize the loss and does it make sense to invest today?” - Brandon Hall
Resources:
- The Real Estate CPA Podcast
- Hall CPA Group
- Real Estate Professional Status: download
Connect with Brandon on LinkedIn and BiggerPockets. Visit https://www.therealestatecpa.com/ to learn more.
Guest Email: contact@therealestatecpa.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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If you find the right deal, you’ll easily be able to raise the capital right? Today we’ll touch on this misconception with our guest Ruben Greth, Capital Manager at Bakerson. He and the capital management team at Bakerson have successfully placed, managed, and returned tens of million dollars by helping by primarily focusing on value-add and workforce apartments and managing every aspect of a project from start to finish.
Let’s tune in to Ruben’s dynamic story and learn how he leveraged his platforms to raise capital, build trust and awareness, and add value to his company.
[00:01 - 07:49] Opening Segment
- Let’s get to know Ruben Greth
- Ruben gives us some background on his story
[07:50 - 14:07] From Connector to Capital Raiser
- How Ruben started building his business
- Ruben shares the growth process and strategy
[14:08 - 20:24] Financial Thermostat; Breaking Through Limiting Beliefs
- Ruben shares his story of going back into corporate then leaving again
- Breaking through the limiting beliefs
- Building new partnerships
[20:25 - 30:35] Using a Platform to Raise Capital
- Ruben talks about his current work with Bakerson and their model
- Learning the most efficient way to gain brand awareness and build trust
- Summarizing the Bakerson model and its value
[30:36 - 35:47] The Skills to Make Profitable Deals
- Ruben talks about the plan and property types he focuses on
- Breaking through limiting beliefs regarding scaling
[35:48 - 42:51] Advice to Investors and Operators
- Ruben give some insights from guests on his show
- Ruben’s advice for passive investors and operators
[42:53 - 51:50] Closing Segment
- Connect with Ruben - links below
- Ruben gives insights to people transitioning into Multifamily
- Resources from Ruben - feel free to reach out
- Final words of wisdom from Ruben and Me.
Tweetable Quotes:
“We thought this… ‘if we find the right deal, we’ll be able to raise the capital for it...’ and we found that to be the opposite.” - Ruben Greth
“You have to get people to know, like, and trust you. If you don’t have a database of capital, of people, who share your vision and want to grow with you, then it’s very challenging to raise the capital from scratch…” - Ruben Greth
Resources:
- Capital Rasier Podcast
- Rich Dad, Poor Dad
- The Power of Intention
- Capital Raising
Connect with Ruben on LinkedIn, Instagram, and Facebook. Visit https://bakerson.com/ to learn more about offers and their Newsletter.
Guest Email: rlgreth@aol.com
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https://www.5tcre.com/
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If someone told you ‘give me $100k and six months and I’ll get $2M in your bank account,’ what would you do? Today’s guest, Javier Hinojo is the master at making these deals. Javier is the Co-Founder of All States Capital LLC. He is an experienced investor with property acquisitions in Dallas, Austin, El Paso, Tampa, and Raleigh-Durham. In the last five years alone, he has acquired more than 130 properties, all of which were value-add projects. Javier's specialty lies in property value add strategies and acquiring off-market distressed properties. Javier was even inducted into the Rich Dad Poor Dad Hall of Fame for his success in real estate.
Let’s dive right into Javier’s story about how when you have the right system in place, the things that stop you from getting your deal aren’t as scary as you think they are.
[00:01 - 06:10] Opening Segment
- Let’s get to know Javier
- Javier gives us a bit of background on his story
[06:11 - 10:58] It’s Time to Scale and Build Wealth
- Javier talks about single family as a stepping stone to Multifamily
- Javier talks about his transition and experience in Multifamily
[10:59 - 20:04] Building Your Market Funnel
- Javier talks about tips and strategies to build a marketing funnel
- Generating your list
- Building your team based on individual merit
[20:05 - 34:10] Getting Your First Deal; No Excuse
- Javier talks about his system and process first getting started in Multifamily
- Javier’s mindset building capital - No excuse to find your money
- Don’t fear the deal, just do it
[34:11 - 46:53] Closing Segment
- How to connect with Javier - links below
- Javier’s next goals
- Javier explains Owner Finance
- Final words from Javier and Me
Tweetable Quotes:
“I just sat down and really thought about what I wanted. I really want to build wealth and I want to build it efficiently, effectively, with cash flow; just long term wealth.” - Javier Hinojo
“I’m not trying to buy a $100,000 dollar house, I’m trying to buy a $10M dollar property.” - Javier Hinojo
“If you find a good project, don’t worry about it. You’ll find someone to give you a loan, you’ll find somebody to raise some money… There’s really no excuse.” - Javier Hinojo
Resources:
- Co.Starters
- Mikey and the Dragon
- Rocket Fuel
- Traction
Connect with Javier on LinkedIn and Facebook. Visit https://www.allstatescapitalgroup.com/ to learn more.
Guest Email: javier@ascgus.com
Connect with me:
https://www.5tcre.com/
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Leave us a review and receive your free ebook
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You’ll never get to the next level if you don’t step out of your comfort zone. That’s what today’s guest, Jens Nielsen did, and now, he is a successful multifamily real estate investor, coach, and one of my inspirations. Jens moved from Denmark to the US in 1996 and started investing as a KP, then branched out to become a GP acquiring 850 units within four years valued at $50M. Jens is now passionate about enabling people to find success by using targeted strategies that help people build wealth in Multifamily.
Let’s dive in and learn from Jens’ wisdom, practical steps on how to get out of our comfort zone, and remove the golden handcuffs of a safe life, to take the leap into building a legacy.
[00:01 - 07:40] Opening Segment
- Let’s get to know Jens Nielsen
- Jens gives us some background on his story
[07:41 - 12:05] Giving Up the Golden Handcuffs
- Jens talks about the benefits of going into Multifamily vs. managing property
- Jens talks about what it took to make the leap from a steady job into Multifamily
[12:06 - 19:34] Ensuring Success
- Jens shares some of his practices to ensure success
- Advice for passive investors - ask the right questions and educate yourself
[19:35 - 24:00] How to Get Your First Deal
- Jens shares about what it’s like in his market currently
- Jens’ insights on finding the best deals - providing value
[24:01 - 28:56] Step Out of Your Comfort Zone
- Jens’ networking process
- Overcoming anxiety setting up a network
[28:57 - 38:12] Closing Segment
- Connect with Jens - links below
- Jens talks about overcoming some limiting beliefs
- Jens’ education and growth process
- Final words of wisdom from Jens and Me.
Tweetable Quotes:
“What is your time worth?... Is your time worth driving across town to fix a toilet? Is that worth it, versus paying someone else to do it and you can go and focus on work that’s gonna make you $500,000 or $5,000? You gotta think about that.” - Jens Nielsen
“What can I create? What can I do to go out there and create, for me and my family, some sort of legacy?” - Jens Nielsen
“If you want an amazing life, if you want to change, you have to step outside your comfort zone… Whatever your comfort zone is, it only gets you as far as you are; if you want to go to the next level you have to change, you have to grow your mindset.” - Jens Nielsen
Resources:
- Jen’s Free E-book
- Open Doors Capital
Connect with Jens on LinkedIn. Visit https://jenswnielsen.com/ to learn more.
Guest Email: jens@opendoorscapital.com
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https://www.5tcre.com/
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We all know the Investor Triad, but it doesn’t just stop at Trust. We’ll talk about that with today’s guest Dan Handford, Managing Partner with PassiveInvesting.com, a national private equity real estate investment firm acquiring large $20mil+ apartment complexes across the southeast using private, accredited investor funds. Dan is also the Founder of the Multifamily Investor Nation with over 26,000+ multifamily investors and apartment syndicators. His secret sauce is that he is an expert in creating platforms and systems.
Let’s listen in to the episode and learn from Dan how maximizing the platforms you use can push awareness in the market and get you on a networking cycle.
[00:01 - 06:22] Opening Segment
- Let’s get to know Dan
- Dan gives us a bit of background
[06:23 - 16:05] Maximizing Systems and Platforms
- How Dan went about creating his systems and platforms
- Creating and managing virtual syndication
[16:06 - 22:59] Starting Your Platform; Know, Like Trust, Then Know
- Dan give advice on how to start building your out of the box platform
- Dan gives insight into the Investor Triad
[23:00 - 33:44] Success in Different Types of Investments
- Dan talks about his current deals, capital, and investments
- Dan’s strategy for establishing B Investments
- Dan’s advice to passive investors
[33:44 - 44:51] Closing Segment
- Dan gives his next five-year plan
- Dan’s current team vs. when he first started
- How to connect with Dan - links below
- Final words from Dan and Me
Tweetable Quotes:
“It doesn’t just stop at Trust. It’s not just Know, Like, Trust - it’s actually Know, Like, Trust, and then Know. They like you and they trust you enough that they refer more people to so you get to know more people. So it’s actually a cyclical pattern that happens…” - Dan Handford
“You have to start to put yourself in a position to think about things that are outside of what you’re currently doing, where you can actually bring people into that space instead of always trying to go to a market that’s already saturated.” - Dan Hanford
“That’s the key, being consistent with whatever you start with, then… that content will generate more content.” - Dan Handford
Resources:
- Multifamily Investor Nation Website
- Kingdom Capitalists
- Multifamily Investor Nation Podcast
- MFIN Summit
- MFIN YouTube
Connect with Dan on LinkedIn and Facebook. Visit https://www.passiveinvesting.com/ to learn more.
Guest Email:
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Today’s guest is one of the best Multifamily players, Gino Barbaro, Co-founder of Jake and Gino LLC, an amazing Multifamily education company. Gino created a unique framework he calls "Wheelbarrow Profits", which entails the three pillars of real estate: Buy Right, Manage Right, and Finance Right. This framework has allowed him to grow his portfolio to an excess of over 1500 units within five years and is now a full-time investor.
Let’s get right into this episode and learn from Gino’s expertise as he breaks down the Three Pillars, and how investing in your education, and multiplying it with action steps, will get you powerful results.
[00:01 - 06:05] Opening Segment
- Let’s get to know Gino Barbaro
[06:06 - 15:59] Education X Action = Results
- Gino’s story and advice of getting into the deal flow
- Creating something special - economies of scale
[16:00 - 25:59] People, Culture and Systems
- How Gino created a culture within his business
- Gino’s learning process - benefits of Multifamily
[26:00 - 39:10] Educating Yourself on the Financial Mechanics
- The importance of Multifamily capital
- Gino talks about the mechanics of underwriting
- The steps to take for your business plan
[39:11 - 52:08] Manage Right, Finance Right
- Gino breaks down managing right
- Gino breaks down financing right
[52:09 - 1:02:19] Closing Segment
- Gino talks about the Youth Academy
- Final words of wisdom from Gino and Me.
Tweetable Quotes:
“You gotta educate yourself. Either pay to play, or seek to serve - and I paid to play… if it makes you money, it costs you nothing.” - Gino Barbaro
“People first, extreme ownership, make it happen, growth mindset, unwavering ethics… Those are our five Core Values, this is what we try to live by every single day.” - Gino Barbaro
Resources:
- Wheelbarrow Profits Book
- Family, Food, and the Friars
- Jake & Gino Podcast
- The Seven Levels of Building a Successful Multifamily Real Estate Business: Article
- Traction
- Scale
- Big Shifts Ahead
- Michael Blank Calculator
- Appfolio
- The Tuttle Twins
Connect with Gino on LinkedIn, Facebook, and Instagram. Visit his website https://jakeandgino.com/ to learn more.
Guest Email: gino@jakeandgino.com
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There is information for people looking to build wealth in syndication, and everyone can use it. Today’s guest is Dugan P. Kelley, co-founder and managing shareholder of Kelley Clarke PLLC and he helps people do just that. Dugan is a syndications attorney who chairs the firm’s real estate practice group, assisting clients in all phases of multi-family, commercial, and residential acquisitions or sales by helping them structure, negotiate, and syndicate deals.
Let’s get right into the episode and learn from Dugan how important it is to manage security and advice around making the right choices in a syndication deal.
[00:01 - 08:15] Opening Segment
- Let’s get to know Dugan
- Dugan gives us a bit of background
- Expertise, career, and humanitarian efforts
[08:16 - 13:53] The Importance of Managing Security
- Dugan talks about and breaks down the legal processes that go into investing in real estate
- Dealing with the PPM (Private Placement Memorandum) - know what’s in your documents
[13:54 - 21:40] Understanding the PPM
- Dugan gives insights on what to expect in your PPM
- Dugan talks about questioning your deal to know whether or not something is worth investing in
- The weight of passive limited investors
[21:41 - 32:45] Getting Your First Deal
- Dugan gives advice from an active syndication point of view
- Identifying a security
- Dugan’s do’s and don’ts on syndication
[32:46 - 39:54] Closing Segment
- Syndication is for everyone
- Final words of wisdom from Dugan and Me - connect with us.
Tweetable Quotes:
“If you look at the most wealthy in the country; these are people that consistently, generationally for hundreds of years, have been investing in things inside this country… this information and this knowledge should be for everybody.” - Dugan P. Kelley
“If the person giving the money has an expectation that they are gonna get a return on that money, it is likely a security.” - Dugan P. Kelley
“Be careful, but be intentional… If you feel called into this type of industry, then do it, and do it with confidence that it can be done.” - Dugan P. Kelley
Resources:
- Treasured Vessels Foundation
Connect with Dugan on Facebook, Instagram, and Super Lawyers. Visit https://kelleyclarkelaw.com/ or subscribe to his YouTube Channel to learn more about his firm and maybe even syndicate your first deal.
Guest Email: dugan@kelleyclarke.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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What would you do if you lost $4 million in assets in 90 days? Today’s guest, my coach Marques Ogden, has had this experience and is on a mission to help people avoid it. Marques is a former NFL player, keynote speaker, business coach, Best-Selling author, and corporate consultant with a unique approach to elevating people’s success to the next level. He also has experience in construction and property management and real estate.
Let’s get into Marques’ unique story about how not listening to his team led to his downfall, and how he was able to pick himself up and find success for himself and others.
[00:01 - 10:04] Opening Segment
- Let’s get to know Marques Ogden
- NFL 2003
- Marques gives us a bit of background on his story
- Construction real estate investment company
[10:05 - 15:21] The Spoilt Milk Moment
- Marques talks about his story hitting rock bottom and advice
- Marques’ mindset tips coming back from the spoilt milk moment
[15:22 - 22:48] Getting People to That End Result
- Marques talks about inspiring and coaching people
- The importance of goal setting and servant leadership
[22:49 - 29:09] Getting Your First Deal
- Marques’ key tips for the passive investor
- Who to partner with
[29:10 - 38:26] Moving the Needle Forward in this Economy
- Marques talks about the state of the current market and how to move forward
- Social selling; Your content wins the race
- Marques talks about his pivot, plans, and programs
[38:27 - 48:36] Closing Segment
- Marques talks about the value of a monetary investment in your coaching
- Why people fail and how to help
- Connect with Marques and other resources
- Links below
- Marques’ championship mindset in resilience
- Final words from Marques and Me - connect with us
Tweetable Quotes:
“You want to give people your fool story that way they know who you are; they relate to you… I give my clients my all so they don’t make the same mistakes I did.” - Marques Ogden
“If you are a good servant leader and help to build people up, it doesn’t mean your subservient… it means you actually see the mission in the long term, that can help put people in the right places, in the short term, get to that end result that you desire.” - Marques Ogden
“Building relationships plus building trust equals loyalty.” - Marques Ogden
Resources:
- The Success Cycle
- Sleepless Nights
- Rich Dad, Poor Dad
- The Success Cycle Webinar
Connect with Marques on LinkedIn, Facebook, and Twitter. Visit https://marquesogden.com/ to learn more.
Guest Email: marques_ogden@yahoo.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.co
Support the show (https://www.buymeacoffee.com/5Talents)
Get out of your comfort zone, start investing, then start learning. This was the process of today’s guest, Krishan “Kay Kay” Singh, Founder and CEO of Grow Rich Capital. Kay Kay is originally a Microsoft Certified System Engineer turned successful entrepreneur, an active and passive investor in several Multifamily properties with multiple Sponsors. He also owns 40 Single-family houses and 8 Gas Stations, a Laundromat, and a Conference and Reception Centre in NE Indiana.
Let’s dive right into Kay Kay's wealth of experience and learn his breakdown of the 4 Major Syndication Components and the Power of Being a Specialist.
[00:01 - 06:04] Opening Segment
- Let’s get to know Kay Kay
- Kay gives us a bit of background
[06:05 - 11:31] Managing Multiple Businesses
- How Kay Kay raised capital and developed his own gas stations
- Kay Kay talks about how he got and managed his 40 single-family houses
[11:32 - 15:28] The Pluses of Syndication
- Moving from Single Houses to Multifamily
- How Kay Kay started getting into coaching and GP
[15:29 - 24:44] The Syndication Buckets
- He talks about his partnering journey within a Mastermind
- Kay Kay talks about the 4 to 5 buckets of Syndication
- Sourcing, Underwriting, Taking it Down, Capital Raise
[24:45 - 32:31] Getting Your First Deal
- Kay Kay talks about having no regrets in the process
- Kay Kay's advice to starting investors - the questions to ask
- The market and the submarket
[32:32 - 37:15] Giving Back
- Kay Kay talks about his humanitarian efforts
[37:16 - 47:03] Closing Segment
- Connect with Kay Kay and support his other projects
- Links below
- The benefits of coaching
- Taking action
- Final words of wisdom from Kay Kay and Me - connect with us.
Tweetable Quotes:
“I wanted to do it myself, I didn’t want to hire a management company because I wanted to learn the business… ” - Kay Kay Singh
“I just invested in one of the deals and from there I started learning, and actually I had a passion for it; I didn’t even know until I starting doing it, that I had a passion for it. “ - Kay Kay Singh
“I’m taking action today, I don’t want to wait until tomorrow.” - Kay Kay Singh
Resources:
- Census.gov
- Forgotten Children Worldwide
- 10xMultifamily Investment Group
Connect with Kay Kay on LinkedIn, Facebook, Bigger Pockets Profile, and Facebook Group. Visit http://growrichcapital.com/ to learn more about scheduling a coaching appointment.
Guest Email: kaykay@growrichcapital.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
Too many people stay in what they think is security while giving up their freedom. That’s what drove today’s guest, Devin Elder, Founder of the DJE Texas Management Group. Devin is a principal in a number of Real Estate investment companies and owns a portfolio of over 2,000 units of multifamily investment properties through syndication. He has been a featured guest on some of the world’s leading investment podcasts, Business Insider, and various television programs discussing Real Estate investing.
Let’s jump right into Devin’s story and learn how the desire for freedom pushed him to persevere and find success.
[00:01 - 10:42] Opening Segment
- Let’s get to know Devin
- Devin gives us a bit of background on his story
- The desire for financial independence using the tool of Real Estate
- Devin’s mentors
[10:43 - 16:11] Don’t Let the Failure Count Against You
- Devin talks about his high-level activities at the start
- Devin’s process getting into multifamily
[16:12 - 23:39] The Desire For Freedom
- Devin talks about the mindset you need to pursue freedom
- Devin talks about the process and strategy he uses to create success
[23:40 - 28:16] Getting Your First Deal
- How Devin chooses the right deal and trusted partners
[28:17 - 38:56] The Right Systems
- Devin’s high functioning business methods
- The tactical systems you should use as a passive investor - the 3 themes
[38:57 - 49:18] Closing Segment
- Devin’s driving philosophy in growing a business
- Connect with Devin and support his other projects
- Links below
- Final words from Devin and Me - connect with us.
Tweetable Quotes:
“I think any success that I’ve had is just an ability to persevere.” - Devin Elder.
“Anything publicly that you see that is a success, there is an equivalent challenge that you don’t hear on the other side of it that you probably don’t hear about.” - Devin Elder.
“I’m willing to completely give up security in order to pursue freedom.” - Devin Elder.
Resources:
- DJE Podcast
- Apartment Educators Course
- The DJE Foundation
Connect with Devin on LinkedIn, @DevinElder. Visit https://djetexas.com/ to learn more.
Guest Email: hello@devinelder.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Don’t go in when the blind are leading the blind! This is some golden advice from today’s guest, Adam Adams, of Blue Spruce Holdings. Adam is an apartment investor, podcast host, and coach who is passionate about teaching others to invest in multifamily real estate so they can scale up, make big cash flow, and skip single-family rentals altogether.
Let’s jump right into this episode and learn from Adam how you can skip the small stuff and get right into the Big One.
[00:01 - 13:07] Opening Segment
- Let’s get to know Adam
- 3-time hall of fame winner
- Assets and doors
- Adam gives us background on his story
[13:08 - 23:41] Getting Straight to the Big One
- Adam’s learning process
- How to go straight to the Big One
- Advice if you don’t have the capital to start Passive
[23:42 - 36:39] The Benefits of Putting Out Content
- Adam explains why he is a leader in the real estate coaching world
- The benefits of podcasting
[36:40 - 41:25] 4 Days of Value
- How to reach out to Adam - link to resources below
- 4 steps to raising capital
[41:26 - 54:59] Getting Your First Deal - Passive Investing
- Adam’s insights for starting passive investors
- Advice on watching the market - your checklist
[55:00 - 1:06:21] Closing Segment
- Adam’s internal mindset and perspective
- Final words from Me and Adam - connect with us.
Tweetable Quotes:
“If you’re gonna go for the Big One the main thing you want to do is not have the blind leading the blind… You want to make sure that you’re partnering with somebody else who’s been there and done that.” - Adam Adams
“I still like to be diversified, I still like to spread risk, because there’s risk everywhere and regardless of how much time we’re putting into things I still think it’s good.” - Adam Adams
“I fully believe that I’m an instrument in something bigger, and all of us ought to be channeling what we’re really good at and what we enjoy, and what we like, and what we can do for others. ” - Adam Adams
Resources:
- Creative Real Estate Podcast with Adam A. Adams
- Rich Dad, Poor Dad
- The Miracle Morning
- Raising Money Coach
- The Raising Money Summit
Connect with Adam on LinkedIn and Facebook, @AdamAAdams. Visit his website https://adamadams.net/ to learn more.
Guest email: adam@adamadams.net
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
You don’t have to be smart, you have to be wise. How do you get wisdom? Start by listening to today’s guest, Author of From Broke to Millions, Mike Ealy. Mike is the president and CEO of Nassau Investments, a private equity firm specializing in value-add hotels and apartment complexes. He excels in his area by making cost-effective value-add improvements leading to a substantial increase in the market value of his investments.
Let’s get into the episode and gain that wisdom from Mike how pounding the rock can take you from broke to millions.
[00:01 - 05:23] Opening Segment
- Let’s get to know Mike
- Mike gives us a bit of background on his story
- No money down
[05:24 - 16:41] Keep Pounding the Rock
- Mike talks about his strategy
- Mike gives perspective on working deals
- Mike’s ‘I can do this’ moment
[16:42 - 23:54] Why Hotels
- The culture and value of hotels
- Examples of efficiency conversion
[23:55 - 35:30] Teaching People How to Make Their Money
- Mike talks about his book - links below
- Giving tools and teaching the next generation to go forward and make money
[35:31 - 43:40] Getting Exposure
- How Mike drives exposure
- Don’t overthink it
[43:41 - 50:56] Closing Segment
- Connect with Mike
- Links below
- Final words from Me and Mike - connect with us.
Tweetable Quotes:
“You don’t have to be smart or brilliant to do this, but you can’t be a dummy either… It’s really all about a commitment; you don’t stop until it’s done.” - Mike Ealy
“In Real Estate you make enough mistakes and you learn, and so instead of being smart you obtain wisdom.” - Mike Ealy
“Remember, you’re one big deal away.” - Mike Ealy
Resources:
- No Money Down Investing
- Good to Great
- From Broke to Millions
- Big Deal Hacking Class
- BiggerPockets
Connect with Mike on LinkedIn @nassaumikeealy, Twitter @asknassaumike, and Facebook @MikeealyNassauInvestments, Join the Facebook Group @ApartmentInvestingSecrets. Visit https://nassauinvests.com/ to learn more.
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
The worse the property, the better the opportunity for value. This is the mindset of today’s guest Will Crozier’s, an expert at flipping & managing large value-added apartments. Will is the Founder and Principal of Angel Capitalist, created in 2018 with a passion to find and fund small businesses, large real estate projects, and humanitarian projects in the Philippines, seeking to invest in rising entrepreneurs’ projects, and improve the lives of those most in need.
Let’s jump right into the episode and learn how the deep value add play can build not only your wealth but the community around you.
[00:01 - 13:19] Opening Segment
- Let’s get to know Will
- Will gives us a bit of background on his story
[13:20 - 19:53] Deep Value Add Play
- Will talks about his deal strategy and value add plays
- Improving the surrounding community using value-add
[19:54 - 33:32] Building and Scaling
- Will talks about his beginning deals and scale success
- Will shares the mental process it took to do the big syndication deals
- Will’s experience in handling investor relations
[33:33 - 41:45] Not Getting Your W-2
- Will talks about the point where he started taking profit
- Will’s properties operating today
[41:46 - 53:10] Getting Your First Deal
- Will’s advice to people starting out
- There’s a mentor or coach on the other side of what you want
[53:46 - 1:06:02] Closing Segment
- Will talks about his humanitarian efforts in the Philippines
- Links below
- Final words of advice - connect with us.
Tweetable Quotes:
“I used to want to do everything on my own… it’s better to get mentors, it’s better to get people who can filter out all the crap and put you on the right track. Just, find someone you want to emulate and do what they do.” - Will Crozier
“My preparation was just loving my deals, it was loving what I was up to and having full confidence in it.” - Will Crozier
“The difference in making 5k and 50k a month is very small if you have freedom.” - Will Crozier
Resources:
- http://www.angelcapitalist.com/projects/
- Cashflow Quadrant
- Ruel Foundation Philippines
Connect with Will on Facebook, and Instagram @thewillcrozier. Visit http://www.angelcapitalist.com/ and to learn even more.
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
Do you make the Law of Attraction work for you? Today’s guest, Mr. “Smiles” himself, Vinney Chopra, is the master. Vinney came to America from India with $7 in his pocket and a dream. He earned his MBA from George Washington University and now manages over $450 million in real estate properties and has done over 30 successful Syndications.
Let’s jump right into this episode and learn from Vinney’s wisdom how Syndication can bring you massive success and how a positive mindset can work for you.
[00:01 - 06:06] Opening Segment
- Let’s get to know Vinney
- From $7 to his name, to successful investor, author, and speaker
- Vinney gives us a bit of background on himself
- Believing in yourself and the power of positivity
[06:07 - 16:03] I am Where I am Because of Syndication
- Vinney talks about what his Real Estate business looks like today
- The power of keeping your mind right
- Vinney talks about how Syndication has worked for him
[16:04 - 22:51] Creating Positive Culture
- Vinney talks about the company trips he took - creating a serving culture
- Vinney shares his highest capital raise - 168 total investors
- Vinney shares about his first investor - 260% return
[22:52 - 32:40] Keep Your Investors Hooked
- Vinney talks about how he gets and keeps communication investors
- How to get your investors on to the very next deal
- Vinney tells the story of his Austin Deal
[32:41 - 37:19] The Law of Attraction at Work
- Vinney talks about getting into Senior Living
- Positivity attracts positivity
- Building the Senior Living Community
[37:20 - 41:45] Getting Your First Deal
- Vinney’s advice to starting investors
- Get your investors first - ROT and ROI
[41:46 - 49:56] Closing Segment
- What motivates you today?
- Grandpa lived to the age of 94 - Being active.
- Vinney talks about what he’s currently doing.
- Passively invested $2M
- How to get more of Vinney
- Links Below
- Final Words - connect with us.
Tweetable Quotes:
“Please become members of wealth groups, start building with the people right from the get-go, with high net worth people… If the high net worth people buy into you, guess who their peers are - their high net worth also and that’s going to mushroom your business like crazy!” - Vinney Chopra.
“You can only accomplish things in life if you’re EXCITED about it!” - Vinney Chopra.
Resources:
- Apartment Syndication Made Easy Podcast
- Apartment Syndication Made Easy Book
- Positivity Brings Profitability Book
Connect with Vinney on LinkedIn, Instagram, YouTube, Twitter, and Facebook, @VinneyChopra. Visit https://vinneychopra.com/ and https://seniorlivinginvesting.co/ to learn even more.
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
If you're saying you don’t have enough money to get started, you won’t know what to do when you have it. Today’s guest, Tim Bratz is a master of resourcefulness; his story finds him going from living in his car, taking showers in hotel sinks, to making deals in Multifamily and building wealth. Tim is now the CEO of Legacy Wealth Holdings where His current portfolio consists of 4,000+ rental units, with a portfolio value of $350M+. Let’s learn from Tim how resourcefulness can help you build wealth.
[00:01 - 08:16] Opening Segment
● Let’s get to know Tim Bratz
- CEO and Owner of Legacy Wealth Holdings
● Tim gives us a bit of background on his story
- The art of resourcefulness
[08:17 - 17:49] Becoming Resourceful
● Tim talks about the lessons he learned on the journey
● If you can find good deals you can find good money
● Tim talks about his time involved in an MLM
● From the top 1% in Single Family, to flat broke
● Tim talks about getting back into Multifamily Real Estate and building wealth
[17:50 - 28:37] Learning the Right Things from the Right People
● We talk about why Multifamily over Single as per Tim’s story
● The value of Mastermind groups over mentors
[28:38 - 33:24] Getting Your First Deal
● Tim shares key advice to people starting out
● You won’t do the big deals if you can’t do small deals
● I summarize what we can take away from Tim
[33:25 - 39:35] The Growth Process
● Tim talks about his growth process and how it happened
● Working smarter not harder
● Giving value is better than grabbing money
[39:36 - 49:16] Closing Segment
● Tim talks about his books for child development
- Little Legacy Library - links below
● How to reach out to Tim
- Links Below
● Final Words - connect with us
Tweetable Quotes:
“Resourcefulness is the ultimate resource. If you are resourceful you will find the time, you will find the money, you will find the knowledge… “ - Tim Bratz
“Just go do deals, your actions and successes will speak for themselves.” - Tim Bratz
Resources:
● 5TCRE Investments
● 5TCRE Free ebook
● Kingdom Capitalists Mastermind
● Little Legacy Library: Tim Bratz books for High-Level Child Development
Connect with Tim on LinkedIn, Instagram and Facebook @timbratz. Visit legacywealthholdings.com/ and listen to the Legacy Wealth Holdings Podcast to learn more.
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
Want to know how to increase your income stream? You’ll love hearing from our guest, James Kandasamy. James is the author of Passive Investing in Commercial Real Estate and host of the Achieve Wealth Podcast. He controls approximately 1700 doors in commercial real estate assets valued over $130MM.
James is an expert in Value Add Real Estate and he shares his expertise here!
[00:01 - 04:08] Opening Segment
● Let’s get to know James Kandasamy
○ With Achieve Investment Group
● James gives us a bit of background on his story
○ From single to Multifamily Syndication
[04:09 - 09:16] The Magic of Value Add
● James talks about the team integrations within his business
● James breaks down the meaning of Value Add
● You can increase your income & decrease your expenses
[09:17 - 17:12] Playing the Slow Game
● James talks about why he doesn’t go for Yield Play
● 100% debt with 125% income
● James talks about hitting the break-even point
[17:13 - 25:43] Getting Your First Deal
● Hard work but low risk and high reward
● James shares first deal tips and advice
● James breaks down working through project management
[25:44 - 32:13] The Journey to Today
● James shares how he currently manages his portfolio
● Learn to be a good project manager
● James’ investors’ journey to today
● Advice for how you should view real estate
[32:14 - 43:38] Closing Segment
● How to reach out to James
○ Links Below
● James talks about his new book
● Any topics we didn’t touch on?
○ There’s no reason for you not to get rich in the U.S., You just have to work hard
○ A bit of James’ story coming into the States
● Final Words - connect with us
Tweetable Quotes:
“Value-Add is the cornerstone of any Commercial Real Estate, it is the prime reason people do commercial real estate. Otherwise we would just do single-family home". - James Kandasamy
Resources:
● 5TCRE Investments
● 5TCRE Free ebook
● Passive Investing in Commercial Real Estate
Connect with James on LinkedIn @jameskandasamy, email james@achieveinvestmentgroup.com. Visit https://achieveinvestmentgroup.com/ and listen in to the Achieve Wealth Podcast to learn more. For your free book from James go to passiveinvestinginrealestate.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Support the show (https://www.buymeacoffee.com/5Talents)
Welcome back to the 5 Talents Podcast. What if I told you that there is no limit to how much money you can make on your path to Financial Freedom? Today’s guest is Ellis Hammond, founder of the number one Mastermind Community for Christian Real Estate Investors, Kingdom Capitalists, and the host of Kingdom REI Podcast. Ellis is passionate about helping people generate passive wealth and teaching people that money flows to value and the value you can create is limitless.
[00:01 - 07:06] Opening Segment
- Let’s get to know Ellis Hammond
- Kingdom Capitalist Mastermind
- Ellis gives us a bit of background on his story
- From 2 to 144 units in less than 9 months
[07:07 - 12:01] Shifting Your View on Money
- Ellis gives advice on how to shift your view on money
- Money is a flow to value, how much value do you create
- Ellis talks about how your money can grow more money
[12:02 - 19:52] The Journey to Change
- Ellis talks about his journey from missionary to podcaster and investor
- You need to bring others on the journey with you
- Ellis talks about both the push back and acceptance he received when starting
[19:53 - 27:46] Ellis’ Multifamily Future
- Ellis talks about his next steps and strategy within Multifamily
- Triple Bottom Line - giving investors the opportunity to make better money
- Ellis shares about the value of his free book- links below
[27:47 - 33:32] Getting Your First Deal
- Ellis shares advice on breaking through your first deal
- Buying into Multifamily is like buying a business
- Ellis talks about staying conservative and smart right now in the changing economy
[33:33 - 42:11] Closing Segment
- Topics we haven’t yet hit on?
- The truth of finding Financial Freedom and building wealth
- We talk about building a Nest Egg
- Ellis closes it out with a prayer
- Connect with us
Tweetable Quotes:
“People ask me all the time, ‘how much money should I make?’ What I realized is, money flows to value, so the better question to ask is how much value do you want to create?” - Ellis Hammond
Resources:
- 5TCRE Investments
- 5TCRE Free ebook
- Ellis’ Free Book Giveaway
----------------------------------------------------------------------------------
Connect with Ellis on LinkedIn, Instagram, and Facebook or contact ellis@kingdomcapitalists.co. Also visit https://ellishammond.com/ and check out the Kingdom REI Podcast for even more content.
Connect with me:
https://www.5tcre.com/ebook
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)
Welcome to the 5 Talents Podcast. I’m your host Abel Pacheco. Today I had the pleasure of speaking with the Co-Founder and CEO of Elevate Commercial Investment Group, Jorge Abreu. Jorge is an Active & Passive Full Time Multifamily Real Estate Investor with 1,720 Doors on the GP side & over 1,400+ doors on the LP side. He also owns a construction company, JNT Construction, that focuses on helping Multifamily Investors with their full renovations.
[00:01 - 06:29] Opening Segment
- Let’s get to know Jorge Abreu
- 14 years in single and multifamily
- Jorge gives us a bit of background on his story
[06:30 - 12:03] Making the Shift to Multifamily
- Jorge talks about why he switched to multifamily
- Building generational wealth through syndication
- Jorge walks us through what he’s doing currently
[12:04 - 17:48] Starting the Networking Process
- Jorge talks about his start in the Syndication process
- Finding and vetting the team through networking
- Jorge shares his current networking strategy
[17:49 - 24:28] Break into Your First Deal
- Jorge gives advice on how to get into the deal flow
- Get you criteria together and get to work
- Jorge talks about his first successful deal and what he learned
[24:29 - 32:30] Accelerate Your Success By Getting a Coach
- Jorge talks about his mindset around hiring a coach early on
- Jorge talks about getting into as many resources as possible
- Insights on how to find and vet a coach, with examples
[32:31 - 37:47] Closing Segment
- Jorge gives advice on bringing value where you can
- How to reach out to Jorge
- Links below
- Last words of advice to passive investors
- Final words from me and Jorge
Tweetable Quotes:
“I started looking more into Multifamily… I just started digging deep and once I felt comfortable enough with the process I felt that this is where I needed to be, that this where I was gonna build that generational wealth and I haven’t looked back since.” - Jorge Abreu
Resources:
● 5TCRE Investments
● 5TCRE Free ebook
Connect with Jorge on LinkedIn and email jorge@elevatecig.com.. Also, Follow @elevateCIG on YouTube, Facebook, Instagram and LinkedIn or go to https://www.elevatecig.com/.
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
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Welcome to the 5 Talents Podcast, the show that helps you learn the best tips in Real Estate Investing from the best Real Estate Professionals. I’m your host Abel Pacheco. Today I had the pleasure of speaking with Yonah Weiss. Yonah works for Madison Specs and is an expert in saving millions in taxes for property owners using his method of Cost Segregation.
[00:01 - 07:10] Opening Segment
● Welcome to the Podcast! I introduce Yonah Weiss
● Yonah gives us a bit of background
[07:11 - 18:20] Breaking Down Cost Segregation
● What is Cost Segregation and Accelerated Depreciation?
● Multifamily assets vs. single family assets in depreciation
● The four categories of value
● It’s an engineering method that combines with taxes
● How this method applies to each asset class
[18:21 - 27:55] Utilizing Bonus Depreciation
● Yonah walks us through the next level of accelerated depreciation with examples
● The bonus is a choice, you can choose to take it all in year one or spread it out
● Your depreciation from one property can be used between all your properties
● I talk about how bonus depreciation worked for me
[27:56 - 33:29] Yonah’s Investing Advice
● Yonah talks how to know if you’ll benefit in an investment
● Examples of projecting losses
[33:30 - 41:46] Closing Segment
● How can people reach out to you?
○ Info and links below
● Why do you give so much value back?
○ Yonah’s business and life philosophy
● Last advice for what to do during this time?
○ Double down on social networking
● Final words of wisdom from Yonah and me
Tweetable Quotes:
“It’s not just a tax method, it’s not just an accounting method, it’s an engineering method that combines with the taxes.” - Yonah Weiss
Resources:
● 5TCRE Investments
● 5TCRE Free ebook
● Madison Specs
Connect with Yonah on LinkedIn, and Facebook @YonahWeiss. Visit https://www.yonahweiss.com/ to learn more and check out the Weiss Advice Podcast.
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Email us --> abel@5tcre.com
Support the show (https://www.buymeacoffee.com/5Talents)