Journey to Multifamily Millions: Recent Episodes
Tim
On the Journey to Multifamily Millions Podcast, we set out on the journey of building wealth through multifamily real estate together, talking to experts in the field every step of the way. It doesn't matter if you're new or experienced, every journey starts with a single step and there's always more to learn. This is the Journey to Multifamily Millions Podcast with your host, Tim Little.
Welcome to the Journey to Multifamily Millions podcast, where we speak with professionals on property investing!
Mark Podolskyis the author of “Dirt Rich,” the ultimate guide to investing in land and the owner of Frontier Properties, where he has been buying and selling land full-time since 2001.
Mark discusses how he went from being a burned-out investment banker to becoming a successful full-time land investor. He explains his profitable land-flipping strategy and emphasizes the value of building a volume business with appropriate automation, systems, and procedures.
In addition, he dispels myths regarding land investing, explains how he manages risks, and discusses his philosophy and personal roadmap to success. Mark provides priceless guidance for anyone interested in the specialized market of raw land investments, including tips on how to get started, pick the ideal property, and deal with competition. He also discusses his path into coaching, highlighting the immense fulfillment he gets from assisting others in achieving financial independence.
Episode Topics
[01:21] Meet our guest, Mark Podolsky
[06:43] The Land Flipping Model Explained
[13:28] Automating the Land Business
[19:47] Accessing County Information
[20:50] Finding Tax Delinquent Properties
[22:03] Leveraging Virtual Assistants
[28:52] What is one red flag every investor should look out for?
[29:29] What is a myth about the real estate business?
[31:13] Connecting with Mark
Notable Quotes
- "Even if I couldn’t sell the land, it wouldn’t clutter my garage or lose value. It lasts forever, doesn’t need maintenance, and can’t be destroyed." – Mark Podolsky
- "I outsource due diligence to verify ownership, back taxes, and title before closing." – Mark Podolsky
- "It’s about stacking different notes to build monthly income, especially when you’re free and clear of the original investment early on." – Tim Little
- "The biggest risk with hard-to-sell properties is paying the property taxes yourself, but other fees are minimal." – Tim Little
- "For sourcing and deal flow, it’s about leveraging systems, automations, and outsourcing key tasks like due diligence to stay efficient." – Tim Little
- "My mission is to help as many people as I can solve their money and time problems, without creating another job for themselves." – Mark Podolsky
👉Connect with Mark Podolsky
- LinkedIn: Mark Podolsky
- Website: The Land Geek
- Book: Dirt Rich
- Telephone: 888-620-6742
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Welcome to the Journey to Multifamily Millions podcast, where we speak with professionals on financial topics!
Jeremy LeMereis the Managing Principal of Star Capital Management Group where he helps investors achieve above-average returns outside the stock market through real estate.
Jeremy talks about his real estate journey, beginning in middle school and progressing through several asset classes, such as single-family homes, multifamily apartments, and self-storage facilities.
He highlights the need to build up funds to get true time independence, the adaptability that real estate investing provides, and the shift from active to more passive investment roles.
Jeremy offers a thorough guide on creating and diversifying a real estate portfolio that is suited to individual and market circumstances. He also covers the BRRRR technique, difficulties encountered during the Great Recession, and the numerous advantages and factors of various asset classes.
Episode Topics
[01:26] Meet our guest, Jeremy LeMere
[03:41] Scaling Up: From Duplexes to Multifamily
[05:46] Transition to Self Storage
[06:50] Diversifying with Commercial Properties
[07:19] The Importance of Passive Income
[28:12] Fund Structures and Investment Strategies
[28:52] What is one red flag every investor should look out for?
[29:29] What is a myth about the real estate business?
[31:13] Connecting with Jeremy
Notable Quotes
- "We’ll move funds into a fund-of-funds model to focus on hard money lending and smaller syndications where others take the primary GP role." – Jeremy LeMere
- "The Great Recession presented opportunities, but there was a snapback in terms of who was getting loans and how much, making capital very restrictive." – Tim Little
- "Fix and flips can be a good way to build a lot of capital quickly, but the problem is the taxation." – Tim Little
- "The self-directed IRA was its own entity, allowing us to double our assets and escape limitations banks placed on us as individuals." – Jeremy LeMere
- "Flipping is almost like a job itself. Many transition into syndication or passive investing to achieve time freedom through capital." – Jeremy LeMere
- "Self-storage appealed for its low-touch aspect; you can automate operations, save time, and focus on finding more assets or improving the existing product." – Tim Little
👉Connect with Jeremy LeMere
- LinkedIn: Jeremy LeMere
- Website: Star Capital Management Group
- Email: jeremy@lemere.com
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Welcome to the Journey to Multifamily Millions podcast, where we speak with professionals on financial topics!
Justin Goodin, the founder and CEO of Goodin Development, a company dedicated to helping busy professionals passively invest in real estate development so they can live a life by design now, instead of waiting until they retire.
In this episode, Justin talks about how he started out in real estate with fix-and-flip properties before moving into multifamily complexes and commercial real estate. The topic of conversation includes Justin's strategic shift to development, the difficulties and competitiveness of the value-added sector, and the significance of forming solid alliances with local governments to bridge project funding gaps.
Justin also emphasizes the importance of cautious estimates and realistic underwriting in the commercial real estate market. Listen here to hear Justin's thoughts on risk reduction in development projects, building relationships with local communities, and effective real estate tactics.
Don't pass this up!
Episode Topics
[001:18] Meet our guest, Justin Goodin
[03:32] Transition to Multifamily Development
[04:59] Challenges and Lessons in Real Estate
[08:02] Insights on Conservative Underwriting
[14:47] Focus on Indiana Market
[20:10] Development Strategies and Partnerships
[30:06] What is one red flag every investor should look out for?
[30:55] What is a myth about the real estate business?
[32:51] Connecting with Justin
Notable Quotes
- "I started like many others with fix and flips and rentals… I didn’t know that apartment investing and raising capital were even options." – Justin Goodin
- "I immersed myself into commercial real estate—listening to podcasts, reading books, watching YouTube videos… all to learn about apartment investing." – Justin Goodin
- "If you want to learn a business, go work in it." – Tim Little
- "The word 'conservative' gets thrown around a lot. I really like to use the term, 'realistic'… under promising and over delivering." – Justin Goodin
- "Taxes and insurance have been far above what was in pro formas, and that’s obviously having an impact on the overall projections." – Tim Little
- "Stability is very attractive... my most consistent and boring – in the best possible way – deal that I have." – Tim Little
👉Connect with Justin Goodin
- LinkedIn: Justin Goodin
- Website: Goodin Development
- Telephone: (317) 437-1381
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Welcome to the Journey to Multifamily Millions podcast, where we speak with professionals on financial topics!
Ryan Watts, a co-founder and managing partner of Red River Development, specializing in build-to-rent real estate investments. At Red River, Ryan focuses on land acquisition, deal structuring, and corporate strategy. Under his leadership, the company has grown to manage about 1,500 units with $480 million in assets across five BTR communities.
Ryan shares his extensive journey from oil and gas to real estate, focusing on the growing asset class of build-to-rent communities. Discover the unique market opportunities, the benefits of a vertically integrated property management model, and insights into Red River's strategic site selection.
Tune in to learn about how Red River Development is revolutionizing rental housing with their class A build-to-rent communities.
Episode Topics
[01:20] Meet our guest, Ryan Watts
[03:28] From Oil and Gas to Real Estate: Ryan's Journey
[11:29] The Build-to-Rent Model Explained
[15:22] Property Management and Market Strategy
[21:10] Investment Phases and Risk Mitigation
[27:58] The Future of Housing and Market Trends
[28:52] What is one red flag every investor should look out for?
[29:29] What is a myth about the real estate business?
[31:13] Connecting with Ryan
Notable Quotes
- “Real estate capital markets are deeper, with a larger pool of private equity funds.” – Ryan Watts
- “Raising capital can be one of the most challenging aspects of this business for sponsors and syndicators.” – Tim Little
- “Passively investing in these types of deals lets you build scale without the time commitment.” – Tim Little
- "We've been able to offer our investors a class A, build-to-rent project, which a lot of folks maybe haven’t had exposure to." – Ryan Watts
- "Prior to breaking ground, we’ve acquired the land, completed entitlements, and secured a guaranteed max price contract to control costs." – Ryan Watts
👉Connect with Ryan Watts
- LinkedIn: Ryan Watts
- Website: Red River Development
- Email: info@redriverdevelopment.com
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Welcome to the Journey to Multifamily Millions podcast, where we dive into real estate investing with the pros!
In this episode, we sit down with Jason Williams, founder of Ironclad Underwriting Mastery and co-founder of The Academy Presents. With a background in engineering, Jason shares how he transitioned from single-family homes to multifamily apartment syndication, inspired by mentor Joe Fairless.
Jason dives into the creation of his unique underwriting model and shares the key lessons he learned while self-managing properties.
He breaks down the challenges of property management, from handling tenant issues to tackling financial obstacles, and highlights strategies for finding great properties and making smart investments. Jason also explores the role of mentorship in real estate success and discusses how building a thought leadership platform can make a difference.
Plus, he introduces the concept of using self-directed IRAs and 401ks for added investment flexibility, encouraging investors to research and support each other to achieve financial independence.
Episode Topics
[001:29] Meet our guest, Jason Williams
[03:11] First Real Estate Investments
[13:44] Transition to Syndication and Mentorship
[18:07] Overcoming the First Deal Challenge
[21:22] Creating a Dynamic Underwriting Model
[26:41] Self-Directed IRAs and 401ks
[30:36] What is one red flag every investor should look out for?
[31:36] What is a myth about the real estate business?
[34:33] Connecting with Jason
Notable Quotes
- I started creating an underwriting model so that I can start understanding the numbers of an apartment complex. - Jason Williams
- "I think it takes a special kind of person to be a property manager and I need those people, but I’m not one of them." – Jason Williams
- "The real estate takes care of itself...Generally speaking, real estate's a good market to invest in." – Tim Little
- "Most banks, lenders require a 25 percent down payment for an investment property...that's a lot of money, especially with the cost of properties nowadays." – Tim Little
- "There’s no conservative underwriting...either you're competitive or you're not going to get any deals." – Jason Williams
- "One of the advantages of doing a podcast is... I get to have smart people on the show, and be seen with experts." – Tim Little
- "In a 401k, you don’t have a lot of control over what it’s invested in...once you put it into that self-directed IRA, you have a lot more flexibility." – Tim Little
👉Connect with Jason Williams
- LinkedIn: Jason (Bow-Tie Guy) Williams, Ph.D
- Website: Ironclad Underwriting
- Email: info@ironcladunderwriting.com
- Telephone: 940-247-0204
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Welcome to the Journey to Multifamily Millions podcast, where we speak with professionals on financial topics!
Ken Gee, the founder of KRI Partners and a real estate private equity specialist with more than 26 years of experience, is our guest for this episode.
Ken takes us back to his early days, describing the difficulties he faced when managing his first 28-unit complex and how he developed into a multifamily investment manager. He dissects important tactics including utilizing financial expertise, innovative funding, and the strength of solid connections in the real estate industry.
From managing market fluctuations to reaching financial independence through real estate, this episode is jam-packed with helpful guidance for prospective investors.
Don't pass this up!
Episode Topics
[001:15] Meet our guest, Ken Gee
[05:23] First Real Estate Deal Challenges
[12:36] Scaling the Business
[18:33] Evaluating Your Role in GP Investments
[23:02] Transitioning to Raising Money
[26:04] The KRI 360 Investment System
[30:38] What is one red flag every investor should look out for?
[31:41] What is a myth about the real estate business?
[35:24] Connecting with Ken
Notable Quotes
- "In any business, probably in life, the people that actually help you are not the people you would expect." – Ken Gee
- "You caught the bug right after you saw that value-add strategy... you get better tenants willing to pay more money." – Tim Little
- "The value that you get from being a general partner on a deal, even if it's a small slice, gives you instant credibility with brokers, lenders, etc." – Tim Little
- "If you close a deal, the brokers call you. 'Hey, I saw you close that deal.' Now you're somebody, not just a tire kicker." – Ken Gee
- "You are selling the value that you bring to the community, to the deal... so that you can protect the investors that you have in that deal." – Tim Little
- "If we reduce our leverage because we have the funds to close, debt doesn’t become the problem... If there’s a problem in real estate, it’s always debt related." – Ken Gee
👉Connect with Ken Gee
- LinkedIn: Ken Gee
- Website: KRI Partners
- Email: kgee@kripartners.com
- Telephone: +1 330-467-1985
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Welcome to the Journey to Multifamily Millions podcast, where we speak with professionals on financial topics!
Dakota Brown and Alex Zapata examine the quickly evolving loan and equity markets in commercial real estate in this talk. Bridging loans, the effect of rising interest rates, financing and underwriting difficulties, and investor strategies for navigating market volatility are the main topics of debate.
In the face of economic turbulence, they explore the ramifications of rate increases, bridge loan methods, insurance and tax issues, and new trends in asset classes.
They emphasize the value of being both cautious and opportunistic in the current environment while offering a critical perspective on market dynamics and helpful underwriting advice. They also go over the prospects for 2023, pointing out areas that might give chances despite the difficulties brought on by an unstable economy.
Episode Topics
[00:41] Meet our guest, Dakota Brown and Alex Zapata
[02:56] Current Market Volatility and Trends
[04:56] Understanding Debt and Equity Transactions
[10:43] Impact of Federal Funds Rate on Treasury Yields
[19:43] Inflation, Labor Markets, and Economic Outlook
[26:241] Buyer and Seller Expectations
[31:18] Underwriting and Rent Growth Challenges
[37:42] Debt Strategies and Investor Returns
Notable Quotes
- "Rates are composed of two metrics: an index and a spread." – Dakota Brown
- "Banks are hedging their risk... no one’s really sure where rates will be." – Dakota Brown
- "We arrange debt and equity transactions, not direct lending." – Alex Zapata
- "Debt service coverage ratio is the biggest constraint as rates move, impacting leverage." – Alex Zapata
- "Multifamily operators are using bridge loans to acquire, but it’s becoming less attractive right now." – Tim Little
- "I've seen price drops of one to two million because debt has gotten so expensive that the seller has to acknowledge that." – Tim Little
- "This is a really crucial time that not a lot of people have experienced in their investment careers. It's been about 11, 12 years since we've had a similar style economic volatility" -[Dakota Brown]
- “Hotel to multi-family conversion is a very popular concept. I think it's a lot more conceptual than it has been executed in certain markets.” -[Alex Zapata]
- “We always talk about multifamily being recession resistant, but I think it's important to note that it's not recession proof. It doesn't mean we won't get impacted by a recession, we will, and we need to think about that.” - [Tim Little]
👉Connect with Dakota Brown
- Linkedin: Dakota Brown
- Website: www.FranklinSt.com
👉Connect with Alex Zapata
- Linkedin Alex Zapata
- Website: Barclay Gro
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Welcome to the Journey to Multifamily Millions podcast, where we dive into real estate investing with the pros!
In this episode, Zihao Wang, CEO and founder of Motiva Holdings, shares his path from family investments to building a vertically integrated multifamily real estate firm.
Zihao discusses how property management shaped his approach to underwriting, acquisitions, and capital markets. He provides insights into the challenges and benefits of investing in Southern California, sharing strategies to handle cash flow issues and legal complexities in the market.
He also offers tips on building strategic partnerships, understanding market conditions, and positioning yourself for success in multifamily real estate. Whether you're an experienced investor or just starting out, Zihao’s practical advice will help you make informed decisions and capitalize on real estate opportunities.
Tune in for an insightful discussion packed with actionable strategies to grow your wealth through multifamily investing!
Episode Topics
[001:21] Meet our guest, Zihao Wang
[04:01] Transition to Acquisitions and Capital Markets
[08:21] Funding Strategies and Investor Profiles
[11:16] Investing in California: Challenges and Advantages
[19:40] Building Strong Partnerships
[23:43] Future of the Multifamily Market
[29:58] What is one red flag every investor should look out for?
[30:27] What is a myth about the real estate business?
[31:50] Connecting with Zihao
Notable Quotes
- "The thinking is if you want to be a great investor, you've got to be first a great operator." – Zihao Wang
- "There's pros and cons of each way... it's easier to handle five investors than having 35, 000 or a hundred $50,000 investors in a deal." – Tim Little
- "Equity came a lot later simply because it's more relationship-based, whereas debt is much more transactional in nature." – Zihao Wang
- "Sometimes, giving away some of those major decision rights is actually beneficial to the deal since they would come up with some great ideas that they've experienced in the past." – Zihao Wang
- "It's easy to get tempted into saying yes to every investor, but for the sake of the investor and yourself, sometimes you have to say no if it's not a good match." – Tim Little
👉Connect with Zihao Wang
- LinkedIn: Zihao Wang
- Website: Motiva Holdings
- Email:
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Welcome to the Journey to Multifamily Millions podcast, where we speak with professionals on financial topics!
In this episode, Marc Kulick founder and CEO of Vesta Capital, a real estate investment firm focusing in multifamily as well as Vesta Realty, his property management company that offers thorough operational control and oversight of the properties in his portfolio.
Marc talks about his amazing transformation from RA in college to multifamily investing specialist. He shares his thoughts on working with co-GP partners, pursuing projects without strict objectives, and overcoming the difficulties of generating money and maintaining properties.
Marc's views and tactics provide invaluable lessons for novice and experienced real estate investors hoping to thrive. Keep checking back!
Episode Topics
[001:24] Meet our guest, Marc Kulick[04:00] Early Career Challenges and Lessons
[15:27] The First Deal and Fundraising Challenges
[19:08] Creative Fundraising Tactics
[23:06] The Importance of Property Management
[27:28] Understanding Investor Expectations
[29:25] What is one red flag every investor should look out for?
[30:47] What is a myth about the real estate business?
[33:23] Connecting with Marc
Notable Quotes
- "I understand property management from a pretty granular level. I think it's also a benefit when I interact with my teams." – Marc Kulick
- "Your first time managing a renovation, it’s... twists and turns along the way, but it's easier when it's on a smaller scale." – Marc Kulick
- "If they manage that property themselves... they have a much better idea of what they do and don’t like." – Tim Little
- "I was doing international affairs, which is about as bad as history, in terms of marketability." – Tim Little
- "We had a really fluid structure... it allowed us to experience growth and meet new people, and grow the firm that way, pretty organically." – Marc Kulick
- "The more money you bring to the table, the more say you have, the more leverage you have in that relationship, which I've learned the hard way." – Tim Little
👉Connect with Marc Kulick
- LinkedIn: Marc Kulick
- Website: Vesta Capital
- Email: marcvestarealproperty.com
- Telephone: (918) 271-5111
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Looking to dive into real estate investing and level up your financial game?
In this episode, we talk with Shauna Wekherlien, aka "The Tax Goddess," a Certified Public Accountant (CPA) and founder of Tax Goddess Business Services.
She shares powerful tax-saving strategies for real estate investors and entrepreneurs, focusing on boosting profits, reducing costs, and maximizing cash flow. Learn about hiring family members for tax benefits, separating operating businesses from ownership entities, and overlooking deductions that could save you thousands.
Shauna's expert advice ensures you're making the most of your real estate investments while staying tax-efficient. Tune in to optimize your tax strategy and take control of your financial future!
Episode Topics
[01:09] Meet our guest, Shauna Wekherlien[01:47] Shauna's Journey from Astrophysics to Taxation
[06:22] Understanding Tax Designations
[18:17] Tailoring Tax Strategies to Individual Needs
[23:10] Common Misconceptions About Tax Deductions
[30:10] Overlooked Tax Strategies for Real Estate Investors
[32:31] What is one red flag every investor should look out for?
[33:17] What is a myth about the real estate business?
[37:13] Connecting with Shauna
Notable Quotes
- "CPAs hate being asked if they do taxes because basically only about 10 percent of us actually do taxes."– Shauna Wekherlien
- "For real estate professional status, I can take deductions greater than just my investments, especially if I'm filing jointly with my wife who has a regular job." – Tim Little
- "For two years I was able to take advantage of real estate professional status because I was making most of my money from real estate." – Tim Little
- "In Canada, your taxes are a percentage of what you make. Period. There’s no strategy, there’s no planning." – Shauna Wekherlien
- "The IRS will split passive income and passive losses from active income and active losses. And those two things are kept very distinct buckets." – Shauna Wekherlien
👉Connect with Shauna Wekherlien
- LinkedIn: Shauna Wekherlien
- Website: Tax Goddess
- Email: Shauna@TaxGoddess.com
- Telephone: 602-357-3275
RealEstateInvesting #MultifamilyInvestments #PrivateEquity #WealthBuilding #InvestingTips
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Welcome to the Journey to Multifamily Millions podcast, where we discuss money matters with experts!
In this episode, Erik Oliver Vice President at Cost Segregation Authority shares his incredible journey from being an accidental landlord to becoming a skilled real estate investor, with a focus on how cost segregation can transform your investment strategy.
He dives deep into the world of tax strategies, and explains how cost segregation accelerates depreciation on properties, saving investors thousands on taxes.
Erik breaks down the process, the benefits, and when it’s the right move for your portfolio. If you're looking to maximize your returns and secure a stronger financial future through real estate, this episode is a must-listen.
Episode Topics
[001:16] Meet our guest, Erik Oliver
[02:43] First Rental Property Challenges
[05:15] Accidental Landlord Experiences
[1320] Understanding Cost Segregation
[24:14] When Cost Segregation Makes Sense
[35:17] The Role of a Tax Strategist
[38:08] What is one red flag every investor should look out for?
[38:34] What is a myth about the real estate business?
[40:38] Connecting with Erik
Notable Quotes
- "I was strategic about my investment. So I was either going to pay the government $80,000 or put that $80,000 down on an investment property." – Erik Oliver
- "I lucked into my real estate investment career, but I’ve been able to learn a lot about tax that I didn’t know before."– Erik Oliver
- "You learn those valuable lessons early and often, unfortunately." – Tim Little
- "Cost segregation really is just accelerated depreciation on your real estate investments." – Erik Oliver
- "I always encourage people to have a tax strategy, not just do their taxes, especially if you have multiple and complicated investments."– Tim Little
👉Connect with Erik Oliver
- LinkedIn: Erik Oliver
- Website: Cost Segregation Authority
- Email: erik@costsegauthority.com
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Looking to dive into real estate investing and level up your financial game?
You’re in the right place! Gino Barbaro, a seasoned real estate investor, entrepreneur, and co-founder of the thriving Jake & Gino community. Gino’s journey from restaurant owner to managing over 2,200 multifamily units with $350,000,000 in assets under management is nothing short of inspiring. 🎙️
Gino shares the valuable lessons he’s learned throughout his impressive career, from the importance of avoiding bridge debt to the power of joint ventures versus syndication. He emphasizes how education, mentorship, and mindset are the real keys to success in the world of multifamily real estate. Whether you’re an experienced investor or just starting out, Gino’s wisdom on navigating market trends and building strong investor relationships will leave you ready to take action.
Tune in to hear how the Jake & Gino community has helped their students close over 83,000 units with $5 billion in deal volume, and learn why Gino believes in the "Small Giants" philosophy. You won’t want to miss this deep dive into what it takes to succeed in the multifamily space!
Episode Topics
[01:23] Meet our guest, Gino Barbaro[05:06] Challenges and Lessons in Early Real Estate Deals
[15:01] Current Real Estate Market and Opportunities
[21:01] Embracing the Small Giants Philosophy
[23:30] The Reality of Syndication and Market Cycles
[27:38] Advice for Real Estate Investors
[32:31] What is one red flag every investor should look out for?
[33:17] What is a myth about the real estate business?
[37:13] Connecting with Gino
Notable Quotes
- "If I want to learn business, you can either learn on the street or you can learn in the classroom. The street ain't going too good for me." - Gino Barbaro
- "Brokers are the gatekeepers, especially multifamily... They had deal flow, but nobody was buying." - Gino Barbaro
- "These lessons are too expensive. That money may be better spent in shortening my learning curve through coaching mentoring." - Tim Little
- "Action times implementation is key. Learning without implementing leaves you stuck." - Gino Barbaro
- "Deal sourcing and fund sourcing should be daily activities for every real estate investor." - Tim Little
- "Syndication isn’t always the answer; sometimes a higher percentage of ownership in long-term deals makes more sense." - Tim Little
👉Connect with Gino Barbaro
- LinkedIn: Gino Barbaro
- Website: Jake and Gino
- Email: hello@jakeandgino.com
- Podcast:
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Welcome to the Journey to Multifamily Millions podcast, where we discuss money matters with experts!
In this episode Kris Morin, a co-founder and head of investor relations at Three Peaks Capital reveals his inspiring path from a high school teacher to becoming a successful real estate syndicator, navigating the challenges of the 2008 recession, and transitioning from house flipping to multifamily investments. Kris shares powerful strategies for raising capital, leveraging social media for investor relations, and navigating the commercial real estate market during uncertain economic times.
This episode offers invaluable insights for anyone looking to diversify their portfolio, grow their real estate investments, and achieve financial security. Whether you're a seasoned investor or just starting out, Kris's journey and actionable advice will leave you motivated and better equipped to scale your real estate ventures.
Episode Topics
[001:09] Meet our guest, Kris Morin
[04:41] Flipping Houses: The Early Real Estate Journey
[08:43] Building Three Peaks Capital
[15:37] The Buy Box Strategy
[21:38] Networking and Finding Investors
[26:29] Current Trends in Commercial Real Estate
[32:22] What is one red flag every investor should look out for?
[33:04] What is a myth about the real estate business?
[35:15] Connecting with Kris
Notable Quotes
- "Real estate continues to be a theme that rises to the top again and again." - Kris Morin
- "Flipping is really a very risky game." - Kris Morin
- "We don't have 2000 units. Like some of the guys out there, we buy slow and buy right." - Kris Morin
- "A 70-unit in Connecticut may be a lot more expensive than a 150-unit in Arkansas."- Tim Little
- "If you buy a 10-unit apartment building versus a duplex...you're taking on, some people say, more risk." - Kris Morin
- "People have given up just waiting for rates to drop... and they're coming to the reality that like, hey, deals need to get done." - Tim Little
👉Connect with Kris Morin
- LinkedIn: Kris Morin
- Website: Three Peaks Capital
- Email: info@threepeakscap.com
- Telephone: (509) - 557 - 0203
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Welcome to another value-packed episode of The Journey to Multifamily Millions podcast!
In this episode, we are joined by Brandon Burns, a seasoned real estate tax advisor and senior leader for a 1031 Exchange Qualified Intermediary (QI). Brandon has successfully guided over 4,000 1031 exchange transactions, helping investors defer taxes and maximize their real estate wealth.
Tune in as Brandon reveals the power of 1031 exchanges and how they can be a game-changer for real estate investors. From navigating the complexities of tax code sections to overcoming common hurdles,
Brandon offers actionable insights to help you leverage 1031 exchanges for exponential financial growth.
Episode Topics
[01:12] Meet our guest, Brandon Burns
[04:18] Tax Code Sections 1031 and 121
[06:40] Combining Tax Code Sections for Maximum Benefit
[10:36] Four Major Hurdles in 1031 Exchanges
[16:49] Delaware Statutory Trusts and Tenant in Common Structures
[33:07] Complex 1031 Exchange Types
[33:41] What is one red flag every investor should look out for?
[34:19] What is a myth about the real estate business?
[36:04] Connecting with Brandon
Notable Quotes
- "With good data, people can make good decisions. And with a lack of data, the decision might be random." - Brandon Burns
- "Real estate, you can win through appreciation, income, tax benefits, depreciation, and having a tenant pay down your loan." - Brandon Burns
- "It's all about solving problems that investors have and getting them top dollar and saving them on taxes." - Tim Little
- "If they haven't started touring and finding exactly what they want, they might find themselves in a position where they're like, oh crap, I need to get something right away." - Tim Little
- "Any market that's a little bit fragmented and has barriers to entry, that's where wealth is created." - Brandon Burns
👉Connect with Brandon Burns
- LinkedIn: Brandon Burns
- Website: https://www.vanguard1031exchange.com/
- Email: brandon@Vanguard1031x.com
- Telephone: 858 331 1031
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
🎙 Welcome to the Journey to Multifamily Millions Podcast! 🎙
Looking to dive into real estate investing and boost your financial game? You’re in the right place!
In this episode, we chat with Keshav Kolur, a full-time real estate investor and the mastermind behind Clive Capital, a private equity firm based in New York City. Keshav’s been helping investors like you allocate capital to properties worth over $150 million!
Listen in as Keshav shares how he went from discovering real estate syndications on Reddit to running his own successful firm. We cover everything from due diligence in investing to the pros and cons of multifamily properties and other alternative investments.
If you’re curious about how to balance risk and reward or want to explore investment opportunities beyond the stock market, this episode is packed with valuable insights. Learn how to vet your investment partners, understand different asset classes, and uncover new ways to grow your wealth.
👉 Don’t miss out—subscribe now to get the latest expert advice on building your financial future with multifamily investments!
Episode Topics
[01:15] Meet our guest, Keshav Kolur
[02:10] Discovering Real Estate Syndications
[05:00] Starting Clive Capital
[08:32] Investment Strategies and Asset Classes
[13:26] Current Market Insights and Multifamily Outlook
[19:55] What is one red flag every investor should look out for?
[24:13] What is a myth about the real estate business?
[27:34] Connecting with Keshav
Notable Quotes
- "We shouldn't just rely on one source of income; we should have other sources of income coming in." - Keshav Kolur
- "Our goal is to help everyday investors build generational wealth through these alternative investments." - Keshav Kolur
- "It's about finding the right solutions for the problems that they believe they have."- Tim Little
- "Some people are just risk averse. So even if you think this one solution might be the best for them, if they're not willing to take that risk, then that's not the right fit for them." - Tim Little
- "A great sponsor can take a bad deal and still make it work, and a bad sponsor can take a great deal and totally screw it." - Keshav Kolur
- "If someone is just all about that appreciation, yeah, you could talk to them about a startup or some crypto thing."- Tim Little
👉Connect with Keshav Kolur
- LinkedIn: Keshav Kolur
- Website: Clive Capital
- Email: keshav@clivecap.com
- Podcast: Investing for Generational Wealth
Rea
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Welcome to the Journey to Multifamily Millions podcast, where we discuss money matters with experts!
In this episode, we have the pleasure of speaking with Kelly Koontz, President of Submeter Solutions, Inc., based in Kent, WA. Submeter Solutions specializes in selling, servicing, and installing utility meters and submetering systems both locally and nationally.
Kelly shares his incredible journey from the aerospace industry to co-founding a successful submetering business. He delves into the benefits and pitfalls of different utility billing methods, including RUBS (Ratio Utility Billing Systems) and submetering. Kelly highlights the importance of fair billing practices and potential cost savings for multifamily property owners.
Kelly also provides valuable insights into how submeters help in monitoring usage, identifying leaks, and improving water conservation efforts. Tune in to learn essential strategies for managing utility costs effectively in multifamily properties!
Episode Topics
[01:21] Meet our guest, Kelly Koontz
[01:56] Kelly's Background and Career Journey
[06:21] The Evolution of SubMeter Solutions
[08:05] Opportunities for Multifamily Owners
[12:08] Cost-Benefit Analysis of Submetering
[21:57] Common Mistakes in Utility Management
[24:50] What is one red flag every investor should look out for?
[25:30] What is a myth about the real estate business?
[28:22] Connecting with Kelly
Notable Quotes
- "Cutting your salary literally more in half and joining your buddy who you've known forever, but have never worked with before, was a big risk." - Kelly Koontz
- "The real power of submetering... when you pay for something that you're using, you tend to use less and you take more care of it." - Kelly Koontz
- "The business itself has changed, grown over time starting from those meters online to what it is now." - Tim Little
- "It's one thing to spend an extra couple of dollars because of a toilet and you have to jiggle the handle, that whole thing." - Tim Little
- "I would tell you that the very single biggest influence to lowering the overall bill is having the residents directly pay for it." - Kelly Koontz
- "If you can push that cost fairly onto the tenants, there are those common areas where things like electricity for lighting need to be considered." - Tim Little
👉Connect with Kelly Koontz
- LinkedIn: Kelly Koontz
- Website: Submeter Solutions
- Email: sales@submetersolutions.com
- Telephone: (425) 228-6831
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Welcome to the Journey to Multifamily Millions podcast, where we discuss money matters with experts!
In this episode, we have the pleasure of speaking with William Parmer, a real estate investor, coach for Master Passive Income, co-host of the Breakthrough Investor Podcast, and successful entrepreneur. William shares his incredible journey from law enforcement to real estate, emphasizing the importance of reinvesting profits, the impact of coaching, and the value of networking.
He delves into his family's role in his success, his experience with various types of properties, and the challenges and rewards of self-management versus hiring property managers. 🏢
The conversation also highlights the importance of aligning with ethical coaches and the benefits of attending real estate conferences to accelerate learning and build valuable connections. Don't miss this insightful episode packed with valuable advice and inspiration! 🌟
Episode Topics
[00:59] Meet our guest, William Parmer
[02:27] Transition to Law Enforcement and Real Estate Education
[10:24] Challenges and Strategies in Property Management
[19:07] The Importance of Surrounding Yourself with the Right People
[22:48] Choosing the Right Coach and Program
[28:43] Balancing Family and Real Estate
[33:41] What is one red flag every investor should look out for?
[34:19] What is a myth about the real estate business?
[36:04] Connecting with William
Notable Quotes
- "I invest for the cash flow, not necessarily the appreciation. The appreciation is the cherry on top, but I want the cash flow." - William Parmer
- "Vetting the property managers is one of the big things that we teach our students how to do and what to look out for." - William Parmer
- "I quickly realized that I had every excuse not to [self-manage], because it is, it's not fun, but you do learn a lot." - Tim Little
- "Vet that property manager. It's really important, especially for those folks who are just starting out." - Tim Little
- "My only concern is you don't have enough time. And that seemed to be the crux of everything. It wasn't money. It was time." - William Parmer
👉Connect with William Parmer
- LinkedIn: William Parmer
- Website: Master Passive Income
- Email: william@masterpassiveincome.com
- Podcast: Master’s Passive Income Podcast
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Welcome to the Journey to Multifamily Millions podcast, where we discuss money matters with experts!
The guest this episode is Dan French, the managing director of ATX Acquisitions, where he has helped orchestrate deals totaling over $2 billion in assets under management, delivering remarkable returns exceeding $1 billion to investors. Dan also happens to be the CEO of ResProp, a real estate private equity and property management firm, where he has overseen the operation of a staggering 15,000+ apartments and properties..
In this episode, Dan shares his journey from a public servant to a successful real estate investor managing over $2 billion in assets. He discusses the importance of aligning with property owners' business plans, retaining top talent in property management, and the strategic shifts that led his company to transition to third-party property management.
Dan also sheds light on the lessons learned during the 2008 financial crisis and how to navigate the challenges in property management, especially amidst current market conditions.
Episode Topics
[01:17] Meet our guest, Dan French
[02:15] How Did Dan Begin His Journey into Real Estate?
[04:18] What Lessons Did Dan Learn from Navigating the Great Financial Crisis?
[10:34] Why Are Scaling Up and Strategic Investments Crucial?
[14:49] How Can Property Management Insights Transform Your Investments?
[22:34] What Are the Biggest Challenges in Property Management Right Now?
[32:44] What is one red flag every investor should look out for?
[31:17] What is a myth about the real estate business?
[34:02] Connecting with Dan
Notable Quotes
- "Real estate is one of the only things outside of the stock market that people talk a lot about in terms of generating wealth."- Tim Little
- "You may complain about the obstacle in your way, but in the end, that's going to be the thing that makes you successful." - Tim Little
- "Starting with those two to four units, that's where most people get started in real estate." - Tim Little
- "It was years of working things out with the banks and restructuring things through grit and determination." - Dan French
- "You have to be attached to a broader mission. It's about serving owners and residents." - Dan French
- "Building a very strong culture is the best way to retain them. People need to feel like they are really connected to a greater goal." - Dan French
👉Connect with Dan French
- LinkedIn: Dan French
- Website: ATX Acquisitions
ResProp Management - Email:
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Welcome to the Journey to Multifamily Millions podcast, where we discuss money matters with experts!
Join us as I talk to Mark Willis, a certified financial planner and bestselling author from Lake Growth Financial Services in Chicago, Illinois.
Mark shares strategies for achieving financial independence, including using whole life insurance and the 'Debt Snowbank Method'. He shares his journey from student debt to financial freedom, emphasizing smart investing and critiquing traditional savings methods.
If you're looking to improve your money management, pay off debt efficiently, and build a secure financial future, this episode is essential!
Tune in for Mark's expert advice on making better financial decisions starting today.
Episode Topics
[01:09] Meet our guest, Mark Willis
[04:56] The Debt Snowbank Method Explained
[08:27] Real-Life Applications and Benefits
[16:23] Addressing Common Concerns and Misconceptions
[25:46] The Importance of Liquidity
[34:31] Vetting Financial Advisors
[40:15] What is one red flag every investor should look out for?
[40:29] What is a myth about the real estate business?
[41:47] Connecting to Mark
Notable Quotes
- "Constraints drive innovation." — Mark Willis
- "There's not always a six-figure job waiting for you on the other side." — Tim Little
- "You finance everything you buy. Whether you use debt or your savings, you're financing it." — Mark Willis
- "Americans are not very good savers writ large. Some people are obviously very good. Others not so much." — Tim Little
- "If I own the company by which I took the policy loan from, I'm in control of repaying that loan on the pace and terms that I wish." — Mark Willis
- "There is a rate of return on liquidity that I think some people should at least keep in mind." — Mark Willis
👉Connect with Mark Willis
- LinkedIn: Mark Willis
- Website: Lake Growth
- Email: hello@lakegrowth.com
- Telephone: 1-800-962-9141
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Join us as we celebrate over 100 episodes of The Journey to Multifamily Millions podcast in this special episode. We'll look back at some of our most popular guests from past episodes.
In this episode, I’ll share three quick highlights from previous guests about busting myths in real estate, spotting warning signs in investment opportunities, and giving tips for steadily building wealth.
This episode is packed with valuable insights and expert advice for investors at all levels.
Episode Topics
[00:38] Introduction and Milestone Celebration
[00:56] Thanking Our Listeners and Guests
[02:00] Highlighting Key Insights from Guests
[02:32] Red Flags Every Investor Should Watch For
[08:25] Debunking Myths in Real Estate Investing
[16:52] Defining Success in Real Estate
[20:45] Final Thoughts on Wealth and Legacy
Notable Quotes
- "Every metro is both great, good, okay, bad, and horrible, depending upon the point in the cycle." — Neal Bawa
- "If I try to sell you a deal and I don't invest in it, how do you expect me to believe in it?" — Jim Lee
- "The more the GP team invests, the harder they're going to fight for a positive outcome." — Ryan Twomey
- "Real estate's a get rich slow business." — Chris Larsen
- "You really got to do your due diligence on the guys that you're dealing with." — Charlie Wessel
- "If somebody's not transparent, I'm out instantly." — Nic DeAngelo
- "Every sponsor should absolutely have money into their own deals so that they have that skin in the game." — Tim Little
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Join us with James Stratton, an expert in commercial real estate. He has a Master’s in Real Estate Finance and he’s put it to good use, working in urban planning, real estate development, and optimizing real estate portfolios.
In this episode, James, who’s a seasoned pro from OTG Realty Advisors, dives into the key reasons why multifamily real estate deals can fail. He talks about the importance of having a solid exit strategy, hiring the right team, organizing your finances, and having a clear process for acquisitions.
James also highlights the importance of thoroughly screening potential partners and investors and warns about the dangers of real estate scams.
Don’t miss this episode filled with valuable insights for anyone interested in real estate!
Episode Topics
[01:02] Meet our guest, James Stratton
[04:19] The Impact of Market Volatility
[10:07] Financial Pitfalls in Real Estate Investments
[17:38] Vetting General Partners and Team Members
[26:26] Equity Distribution Strategies
[29:01] Importance of a Defined Acquisition Process
[34:28] Understanding Risk in Real Estate Investments
[41:48] Identifying and Avoiding Predatory Practices
[33:22] Connecting to James
Notable Quotes
- "Not beginning with the end in mind can lead to deals going bad." — James Stratton
- "Bridge loans are usually going to be a higher interest." — James Stratton
- "The three tenants of finance: magnitude of cash, timing of cash, and risk of cash." — James Stratton
- "There's 5 trillion in 401ks out there. People just have a lot more money than they realize." — Tim Little
- Your best partner is a silent partner and that's the bank." — James Stratton
👉Connect with James Stratton
- LinkedIn: James Stratton
- Website: OTG Realty Advisers LLC
- Email: james.stratton@otgrea.com
- Telephone: 817-225-5838
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Melissa Broughton, she is a co-owner of Busy Bee advisors, where she helps small business owners find financial clarity in their business through accounting and tax services.
In this episode, Melissa shares her inspiring journey from corporate accountant to small business owner, fueled by a passion for financial clarity in business, especially for real estate investors. Discover essential topics like the importance of proper bookkeeping, effective tax strategies for various types of investors, and understanding the critical IRS 750-hour rule for real estate professionals.
Melissa highlights the importance of partnering with a tax professional who specializes in real estate to avoid costly mistakes and optimize financial outcomes. Gain insights into the unique challenges faced by accidental landlords and active real estate investors, along with practical advice on managing business finances.
But more than anything, you’re in store for a whole lot of positive energy and great conversation!
Episode Topics
[01:08] Meet our guest, Melissa Broughton
[03:32] The Birth of Busy Bee Advisors
[08:44] Navigating the Pandemic Together
[13:31] Advice for New Real Estate Investors
[21:08] The 750 Hour Rule and Real Estate Professional Status
[26:20] The Importance of Specialized Tax Professionals
[30:58] What is one red flag every investor should look out for?
[31:51] What is a myth about the real estate business?
[33:22] Connecting to Melissa
Notable Quotes
- "There's a ton of opportunity for our firm to provide bookkeeping, accounting, and tax services." — Melissa Broughton
- "There was a comfort in the fact that one plus one is always going to equal two." — Tim Little
- "You want someone who actually enjoys doing the thing, especially if you don't." — Tim Little
- "I am a very entrepreneurial spirit. I've always been drawn to helping people with business plans." — Melissa Broughton
- "Keep separate accounts for your separate properties. It's just a no-brainer." — Melissa Broughton
- "Set up a business email as well. It helps to present that more professional image." — Tim Little
- "I call those the accidental landlords. They have this property that wasn't intended to be an investment." — Tim Little
👉Connect with Melissa Broughton
- LinkedIn: Melissa Broughton
- Website: BusyBee Advisors
- Email: info@busybeeadvisors.com
- Telephone: 916-400-3500
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
You aren’t going to want to miss this conversation with Spencer Hilligoss. It’s been a while since we’ve had an experienced passive investor, but Spencer has deployed 7-figures of his own capital into passive investments in the past 6 years!
A co-founder of Madison Investing, in 2019 Spencer retired from a 13-year career in Silicon Valley tech companies to show others how to invest in the same niche investment opportunities where he deploys his own money.
Spencer talks about shifts in priorities and the moment he knew he needed to not just save, but invest for his future. He was honest about mistakes like overspending on a Bay Area rental and how those mistakes all led to his growth as an investor.
We bonded over our belief in the importance of financial literacy for our families and society writ large! Come for the great insights but stay for the truly candid conversation.
Episode Topics
[01:06] Meet our guest, Spencer Hilligoss
[01:57] Spencer's Background and Real Estate Journey
[06:37] Financial Literacy and Early Career Challenges
[10:16] Phases of Real Estate Investing
[18:13] Challenges with Property Management
[26:07]Madison Investing: Business Model and Philosophy
[32:46] What is one red flag every investor should look out for?
[33:08] What is a myth about the real estate business?
[35:42] Connecting to Spencer
Notable Quotes
- "Financial literacy comes from experience." — Spencer Hilligoss
- "If it's not taught in the home, it's certainly not taught in school." — Tim Little
- "Five digits is a big number, no matter how big a person's net worth is." — Spencer Hilligoss
- "People get stuck at phase one education because they're scared to pull the trigger." — Tim Little
- "Someone needs to manage the property manager. Otherwise, strange things will happen." — Tim Little
- "A rental property is a great way to build wealth if you're willing to do the work." — Spencer Hilligoss
👉Connect with Spencer Hilligoss
- LinkedIn: Spencer Hilligoss
- Website: Madison Investing
- Email: investorrelations@madisoninvesting.com
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Steven Weinstock, heis a Principal with WE Capital. In real estate over 20 years, Steven provides secure, long-term investment opportunities to private investors.
In this episode, Steven shares his 20-year journey in real estate, starting with a single-family home in Trenton, NJ. He discusses his shift to multifamily properties, overcoming the 2008 financial crisis, and using creative financing techniques like seller financing.
Steven offers insights into his investment strategies, the importance of self-managing properties, and scaling up in markets like Cleveland and Louisville. He emphasizes long-term investment, cash flow, and balancing work with personal time.
Episode Topics
[01:08] Meet our guest, Steven Weinstock
[01:28] The Early Days: Breaking into Real Estate,Creative Financing, and Scaling Up
[08:58] Surviving the 2008 Financial Crisis
[12:34] Transitioning to Multifamily and Commercial Properties
[17:39] The Importance of Market Selection and Management Strategy
[22:23] Insights on Partnerships and Property Management
[29:48] What is one red flag every investor should look out for?
[30:48] What is a myth about the real estate business?
[34:25] Connecting to Steven
Notable Quotes
- "Seller financing became my friend. I tried it with a couple of brokers." -Steven Weinstock
- "It's all about finding solutions to problems, I think at the end of the day." -Tim Little
- "The availability of knowledge and networking nowadays is such a huge advantage." -Tim Little
- "Sometimes the older investors really know how to appreciate the tax benefits." -Steven Weinstock
- "I really like to buy turnkey properties and add my aggressive management." -Steven Weinstock
- "Appreciation is nice to have, it's the icing on top." -Tim Little
👉Connect with Steven Weinstock
- LinkedIn: Steven Weinstock
- Website: WE Capital
- Email: info@wecapitalx.com
- Telephone: (646) 773-5779
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Andy Gurzak, founder of AllCity Adjusting, a licensed public adjusting firm. Andy is passionate about protecting his clients and making sure they get every dollar they’re owed from insurance.
In this episode, Andy discusses the benefits of having a mentor, the significance of public adjusters in maximizing insurance claims, and how much insurance coverage is enough.
In addition to talking about the difficulties posed by growing insurance premiums, particularly in places like Florida and California, Andy provides advice on how real estate investors can strengthen the security of their assets and insurance. This episode offers practical advice on coverage, insurance policies, and the value of having experienced public adjusters in your network. Stay tuned!
Episode Topics
[01:11] Meet our guest, Andy Gurzak
[01:49] The Value of Mentorship in Business Growth
[06:13] Understanding the Role of a Public Adjuster
[06:30] Navigating Insurance Claims and Policies
[15:27] The Rising Costs of Insurance and How to Mitigate Them
[17:54] Tips for Reducing Insurance Costs and Strengthening Claims
[27:19] What is one red flag every investor should look out for?
[28:39] What is a myth about the real estate business?
[29:46] Connecting to Andy
Notable Quotes
- "Having someone show you the mistakes helps you get into an industry." - Andy Gurzak
- "You can get just as much value by paying someone who's doing it." - Tim Little
- "Agents are there to sell policies, no knock on agents, but most agents sell policies." - Andy Gurzak
- "Our job is to maximize that claim, to look for every penny that the insurance owes." - Andy Gurzak
- "If your insurance costs get too high, then it becomes economically prohibitive to build or insure." -Tim Little
👉Connect with Andy Gurzak
- LinkedIn: Andy Gurzak
- Website: AllCity Adjusting
- Email: info@allcityadjusting.com
- Telephone: 708-655-4186
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Lane Kawaoka, Lane is the author of multiple investing books and founder of thewealthelevator.com, where he empowers accredited investors in their quest for diversification and superior returns.
In this episode, Lane shares his path, which began with a single rental property and ended with over 10,000 real estate units. He emphasizes the value of passive income and the switch from managing properties directly to investing in syndications for greater returns and diversity. The complicated process of creating a profitable real estate portfolio, the value of surrounding oneself with like-minded investors, and how distinct investment methods are appropriate for different phases of wealth accumulation are also covered in the conversation.
Tim and Lane also discuss the dangers and difficulties associated with real estate investing, emphasizing the necessity of careful research and the value of taking lessons from both achievements and setbacks.
Episode Topics
[01:15] Meet our guest, Lane Kawaoka
[01:42] The Journey Begins: Lane's First Steps into Real Estate Investing
[05:59] The Pitfalls of Property Management and the Shift to Syndication
[10:46] Navigating the Complex World of Syndication Investing
[19:15] The Evolution of a Real Estate Investor: From Single-Family Homes to Billions in Assets
[30:57] The Wealth Elevator: Lane's Guide to Accelerated Wealth Building
[35:17] What is one red flag every investor should look out for?
[36:03] What is a myth about the real estate business?
[38:26] Connecting to Lane
Notable Quotes
- "Dump single-family rentals, leverage gains for value-add opportunities. Syndication offers commercial assets with less competition." - Lane Kawaoka
- Luckily I learned later, better than never. After college, I realized the potential of house hacking." - Tim Little
- "A natural progression is to move past single-family rentals. Syndication solves many problems." - Tim Little
- "Vetting people is where we, guys, are horrible. Wives are better at sussing out BS." - Lane Kawaoka
- "Surround yourself with like-minded investors. Ask for unvarnished feedback before investing." - Tim Little
- "Never take referrals from those not invested in past deals themselves." - Lane Kawaoka
👉Connect with Lane Kawaoka
- LinkedIn: Lane Kawaoka
- Website: TheWealthElevator.com
- Podcast: The Wealth Elevator
- Book: Wealth Elevator
- Email: team@thewealthelevator.com
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Joseph Woodbury, he is the Co-Founder and CEO of Neighbor.com. Joseph has pioneered the concept of full-property monetization, helping investors maximize returns by transforming underutilized spaces into profitable storage solutions.
This episode has Joseph Woodbury delving into the expansion and possibilities of the self-storage industry, which is currently the fastest-growing sector of the commercial real estate market in forty years. He clarifies how Neighbor.com increases the value of properties by turning vacant areas into profitable storage options.
He talks about listing techniques, Neighbor.com's financial strategy, and its effect on property revenue, covering anything from residential garages to multifamily properties. They also discuss the use of technology in pricing optimization and the transformation of bankrupt office buildings into storage units. Value, safety, rules, and flexibility are emphasized as being extremely important factors for both landlords and tenants in this dynamic market.
Episode Topics
[01:15] Meet our guest, Joseph Woodbury
[03:01] How Neighbor.com Works: A Deep Dive into the Process
[04:41] Expanding Beyond Residential: The Commercial Storage Revolution
[08:28] The Multifamily Storage Opportunity: Unlocking New Revenue Streams
[11:35] Safety and Customization: Tailoring Storage Solutions for Multifamily Properties
[25:04] Exploring the Future of Storage: Trends and Opportunities
[31:51] What is one red flag every investor should look out for?
[32:45] What is a myth about the real estate business?
[34:20] Connecting to Joseph
Notable Quotes
- "We started with a simple idea: unused space in every neighborhood could be rented out for storage." - Joseph Woodbury
- "Neighbor operates like Airbnb for storage, making it easy to list your space and find renters while ensuring security." - Joseph Woodbury
- "When it's not your primary use, it's much easier to implement without changing the building or permitting." - Joseph Woodbury
- "Multifamily is the most attractive. You've got two new revenue streams coming to your property." - Joseph Woodbury
- “You're able to drill down to the local market to ensure you're in line with competitors." - Tim Little
- Self storage is very sticky because people just buy more stuff. The need doesn't go away once they have it." - Tim Little
👉Connect with Joseph Woodbury
- LinkedIn: Joseph Woodbury
- Website: Neighbor
- Email: joseph@neighbor.com
- Telephone: (801) 380-8351
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Episode Summary
Today's guest is Ilana Brown, who is a sales and account manager at Solo401k.com
In this episode, Ilana Brown from solo401k.com explains how these tools offer investors greater control over their retirement funds, enabling investment in a wide range of assets such as real estate, cryptocurrencies, and private equities.
She discusses the requirements for setting up a solo 401k, the importance of qualifying for it, and the process of funding and investing through these accounts. Key considerations like prohibited transactions, contribution limits, and handling business growth are elaborated to ensure investors make informed decisions.
She also answers common questions and pitfalls in managing self-directed retirement accounts, emphasizing the importance of compliance and strategic planning for maximizing retirement savings. Stay tuned!
Episode Topics
[01:20] Meet our guest, Ilana Brown
[03:57] Investment Opportunities and Qualifications for Solo 401k
[11:35] Exploring the Checkbook IRA LLC Option
[16:19] Q&A Session: Navigating Solo 401k and Self-Directed IRA Options
[2023] Understanding Prohibited Transactions and IRS Guidelines
[24:37] Addressing Common Mistakes and IRS Compliance
[28:28] Transitioning from Solo 401k to Self-Directed IRA with Employees
[31:24] Closing Remarks and Future Sessions
Notable Quotes
- "It's your money. Invest in what you want." - Ilana Brown
- "Understand prohibited transactions to protect your retirement savings. Know who you can invest with and what assets are off-limits." - Ilana Brown
- "Let syndications do the hard work for you. With the solo 401k, you're in control." - Ilana Brown
- "Pick the right bank for your solo 401k. Some specialize, making account setup smoother." - Tim Little
- "Checkbook control simplifies investing in syndications and private lending, optimizing retirement funds." - Tim Little
👉Connect with Ilana Brown
- LinkedIn: Ilana Brown
- Website: https://www.solo401k.com/
- Email: ilana@nabers.com
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Igor Shaltanov, heis the founder and managing partner of Avista Fund, and a former professional athlete who transitioned into successful entrepreneurship and real estate investing.
In this episode, Igor shares his journey from Moscow to multifamily investments in the US, starting with renting out an apartment and progressing through single-family homes. He highlights the importance of market understanding, teamwork, and trend awareness, having experienced both successes and failures.
Igor's story demonstrates the resilience and strategic thinking vital in real estate. Transitioning to fund creation, he delves into passive investment strategies, property management challenges, and his philosophy on success.
His multifaceted approach embodies the dynamic nature of real estate, showcasing the necessity of adaptability and seizing opportunities across diverse asset classes.
Episode Topics
[01:19] Meet our guest, Igor Shaltanov
[02:49] The Power of Real Estate: A Personal Journey
[12:59] Transitioning to the U.S. and Building a New Life
[19:44] From Saving to Investing: A New Chapter in the U.S.
[22:11] First Foray into Real Estate: Learning from Experience
[31:50] Building a Syndication Portfolio: Operator Vetting and Asset Classes
[40:29] What is one red flag every investor should look out for?
[40:59] What is a myth about the real estate business?
[42:25] Connecting to Igor
Notable Quotes
- "My humble beginning of real estate investment taught me supply and demand, understanding what people want, and the obstacles in renting." - Igor Shaltanov
- "Information wasn't always at our fingertips; it was more about learning by doing." - Tim Little
- "Trying and failing, trial and error. You fail a couple of times and you'll find out." - Igor Shaltanov
- "A lot of passive investors want to be hands-off. They're high-income earners, too busy to dive into due diligence." - Tim Little
- "Many stay with money managers expecting high returns, but often get little above inflation." - Tim Little
- "Stick to your strategy, avoid chasing shiny objects. Conservative operators who stick to their plan are the real winners." - Igor Shaltanov
👉Connect with Igor Shaltanov
- LinkedIn: Igor Shaltanov
- Website: Avista Fund
- Email: igor@avistafund.com
- Telephone: 310-529-1067
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Larry Pendleton. He is the Senior Partner of PC Financial Services LLC, CPA, and an active multifamily real estate investor.
In this episode, Larry discusses the importance of leveraging real estate investments for wealth building and employing strategic tax practices to retain more income.
He also talks about insights into tax strategies that take advantage of real estate investments, emphasizing cost segregation studies and the impact of recent tax laws.
Additionally, He shares the advantages of being considered a real estate professional for tax purposes, material participation, and how proper tax planning can significantly reduce tax liabilities while promoting wealth growth through real estate.
Episode Topics
[01:43] Meet our guest, Larry Pendleton
[02:56] Diving Deep into Tax Strategies for Real Estate Investors
[05:01] Understanding Your Income Tax: Active vs. Passive
[12:27] Maximizing Depreciation: A Key Tax Strategy
[17:45] Exploring Cost Segregation Studies for Bigger Tax Breaks
[37:04] Real Estate Professional Status & Material Participation
[41:28] Closing Remarks and Thank You
Notable Quotes
- "Real estate is the main vehicle for building long-term wealth, not just quick riches." - Larry Pendleton
- "Shift your income from active to passive; it's taxed less harshly, allowing you to keep more of what you make." - Larry Pendleton
- "Replace assets to offset depreciation, but don't overspend." - Tim Little
- "Taxes incentivize government goals, like job creation." - Tim Little
- "One of the most American things you can do is follow the tax code. Investing in a building benefits everyone, creating jobs and housing." - Larry Pendleton
- "Depreciation is like a loan from the government; they want it back when you sell. Plan ahead to offset it." - Larry Pendleton
- "Give investors time to plan for a capital event." - Tim Little
Connect with Larry Pendleton
- LinkedIn: Larry Pendleton
- Website: https://linqapp.com/LarryPendletonCPAinRealEstate?r=link
- Email: info@pcfsva.com
- Telephone: 757-535-8592
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Greg Bronson, he has nearly 20 years of industry experience focused on residential property sectors, including student housing, multifamily housing, and senior housing. Head of acquisitions at Ashland Capital, he has closed over $2 billion of transactions throughout his career across acquisitions, refinancings, and recapitalizations leveraging his debt and equity relationships.
Greg talked about his professional journey working at Lehman Brothers, surviving the subprime crisis, and transitioning to commercial real estate. He emphasizes how to find profitable investment opportunities, take advantage of debt and equity partnerships, and give investors attractive risk-adjusted returns.
He discusses the operational differences between multifamily and student housing, the value of diversity, and how current market conditions impact investments. He also shares his thoughts on investing in the face of economic challenges, the importance of connections in the sector, and underwriting.
Episode Topics
[01:30] Meet our guest, Greg Bronson
[02:01] From Lehman to Success: A Financial Journey
[01:56] Surviving the Financial Meltdown: Lessons Learned
[08:49] Exploring the Intricacies of Family Offices and Foreign Investments
[17:01] The Nuances of Student Housing vs. Multifamily Investments
[22:32] Navigating Current Market Challenges and Opportunities
[28:20] What is one red flag every investor should look out for?
[29:32] What is a myth about the real estate business?
[31:58] Connecting to Greg
Notable Quotes
- "There was no better learning experience during the course of my career than basically trying to survive while the world was crumbling around us." - Greg Bronson
- "Returning from Iraq during 2007-2008, the financial turmoil felt like entering a different world." - Tim Little
- "Family offices offer flexibility and broader mandates, unlike institutions, enabling a wider investment scope." - Greg Bronson
- "Diversifying into US real estate was driven by the opportunity for dollar-denominated investments and high-quality assets." - Greg Bronson
- "For value-added multifamily, it's crucial to stagger leases to avoid the risk of all expiring at once." - Tim Little
- "The gap between buyers and sellers persists, but despite challenges, there are still deals meeting our return criteria." - Tim Little
- "Both multifamily and student housing offer attractive opportunities; it's about identifying the right investment for solid returns." - Greg Bronson
👉Connect with Greg Bronson
- LinkedIn: Greg Bronson
- Website: Ashland Capital
- Email: greg@ashlandcapitalfund.com
- Telephone: 914-980-5709
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Van Carlson, Van is the Founder & CEO at SRA 831(b) Admin and has over twenty-five years of experience in the risk management industry.
Van’s primary goal is to continue the upward growth of SRA and continue to develop new products to bring to market.
He explains how 831B plans provide a tax-advantaged means of self-insurance for business owners that cover risks that are either too costly to transfer to standard insurance policies or not generally insured.
He also talks about how these plans can act as a financial cushion, possibly converting cost centers into profit centers through the investment and growth of plan funds in a tax-deferred manner.
Van also addresses common misconceptions and emphasizes the significance of adopting 831B plans with the right intent to prevent unnecessary IRS attention, as well as the flexibility of these plans in managing certain risks such as damage waivers and rent protection.
Episode Topics
[01:17] Meet our guest, Van Carlson
[02:53] The Power of Self-Insuring: Transforming Risk into Opportunity
[06:27] Maximizing Returns: The Strategic Advantage of 831B Plans
[17:48] The Future of Multifamily Investments: Adapting to New Challenges
[24:53] The Impact of Market Conditions on Insurance for Multifamily Properties
[31:47] The IRS's View on Innovative Insurance Plans
[38:32] What is one red flag every investor should look out for?
[39:11] What is a myth about the real estate business?
[41:31] Connecting to Van
Notable Quotes
- "There's got to be a smarter way. Small to middle market business owners need to be aware of self-insuring risk." -Van Carlson
- "Every business owner should have their own PPP plan. This code allows you to self-fund it and has been around for 38 years." -Van Carlson
- "The biggest benefit is having that tax-deferred reserve... If you can make that money work, that's even better." - Tim Little
- "Having that flexibility to tenants can really make a difference... It's big!" - Tim Little
- "Your approach is very custom, every person or business is different. And so you have to look at the risk scale, et cetera, associated with that." - Tim Little
- "I like the accidental damage waiver because I do think it's an additional revenue maker for the building owners right now." - Van Carlson
👉Connect with Van Carlson
- LinkedIn: Van Carlson
- Website: SRA 831(b) Admin
- Email: sra@831b.com
- Telephone: (208)-424-2249
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Sharon Riddle, over her career, Sharon has worked in companies, non-profit organizations, and government agencies providing business solutions in the areas of software upgrades and business process analyses.
Sharon began investing in single-family real estate in 2005 with her husband and business partner, Dan. They started the transition to Multifamily in 2015 through education and passive investments in multifamily syndications, before pursuing a more active role.
Sharon emphasizes the importance of education, mentoring, and strategic planning in real estate investing. The discussion covers market trends, investment techniques, and changing goals, providing valuable insights for effective investing. Stay tuned!
Episode Topics
[01:14] Meet our guest, Sharon Riddle
[01:36] Sharon's Transition from Single Family to Multifamily Investing
[05:20] Navigating the 2008 Financial Crisis with Private Lenders
[12:12] The Shift to Multifamily and the Power of Stagger Sales
[13:34] Tax Strategies and the Benefits of Multifamily Investing
[19:59] The Future of Multifamily Investing and Market Insights
[23:26] What is one red flag every investor should look out for?
[24:05] What is a myth about the real estate business?
[26:43] Connecting to Sharon
Notable Quotes
- “Mentors, childhood background, and MBAs guided our real estate journey. With training on private lenders, we added properties to our portfolio." -Sharon Riddle
- "Scaling single-family homes became a challenge. Dallas Fort Worth's market clashed with our formula, prompting our shift to multifamily." -Sharon Riddle
- "Private lending gave us a unique advantage during the crisis. We capitalized when others struggled with bank loans." -Sharon Riddle
- "Diversifying with passive investing builds a cushion beyond relying solely on a job or a 401k." -Tim Little
- "Diversify income, utilize cross-skills to create businesses." -Sharon Riddle
- "Keep training and networking; you never know when you'll need to pull something out of your hat." -Sharon Riddle
- "Multiple streams of income are crucial; relying on one source is risky." -Tim Little
- "Start by passively investing to understand the responsibility before becoming a syndicator." -Sharon Riddle
👉 Connect with Sharon Riddle
- LinkedIn: Sharon Riddle
- Website: https://excalibretexas.com/
- Email: riddledsn@verizon.net
- Telephone: (817) 368-1938
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Ginny Bolling, Ginny has been in real estate for over 35 years doing everything from government real estate acquisitions to her current multifamily investing.
In this episode, Ginny outlines her unusual path into government real estate acquisitions with the Florida Department of Transportation. She emphasizes the complications of land acquisition, negotiations, and her move into multifamily investing.
Ginny also discusses her transition to syndications, the necessity of investing in growing sectors, and her plan for diversifying her portfolio by becoming a limited partner.
Finally, she discusses her long-term charitable goal of improving the lives of teenagers through a dedicated organization. Stay tuned!
Episode Topics
[01:14] Meet our guest, Ginny Bolling
[01:27] Ginny's Diverse Real Estate Background and Initial Steps
[03:05] The Intricacies of Government Real Estate and Permitting
[06:01] Transitioning to Commercial Multifamily Investing
[15:34] The Challenges and Insights of Raising Capital for the First Time
[19:21] Exploring the Syndication Space and Future Plans
[23:26] What is one red flag every investor should look out for?
[24:05] What is a myth about the real estate business?
[26:43] Connecting to Ginny
Notable Quotes
- "DOT experience taught me to navigate complex land acquisition, negotiating with attorneys, and managing teams in contentious scenarios." -Ginny Bolling
- "Navigating city and county permitting is a bureaucratic marathon, but understanding processes and timelines is the key to efficiency." -Tim Little
- "Invest smart, invest where you'd like to go. My leap into syndications was eye-opening, and I'm thrilled about the opportunities ahead” -Ginny Bolling
- "Opting for long-term asset retention in syndications. As a baby boomer, I see the value in staying in good deals." -Ginny Bolling
- "Government inspections are crucial; detailed pre-underwriting is key to avoid plan disruptions." -Tim Little
- "Slow down in real estate; it's not a race. 'Earn while you learn'—consider starting as a limited partner to grasp nuances from the investor's perspective." -Tim Little
👉Connect with Ginny Bolling
- LinkedIn: Virginia "Ginny" (Graf) Bolling
- Website: Pivot Real Estate Investments
- Email: ginny.bolling@pivotalreillc.com
- Telephone: 321-303-3258
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Ryan Twomey, Ryan is one of the Founders and Managing Partners at TR Capital Partners. Starting in real estate by acquiring and managing small multifamily properties in Massachusetts he later transitioned into the large multifamily investment space where is flourishing today.
In this episode, Ryan talks about how the RV park industry is becoming more and more popular because of its high returns and less capital expenditure required when compared to regular multifamily buildings. Financial literacy, the value of action above mere knowledge acquisition, and real estate investment methods under various market scenarios are all discussed.
He dispels widespread misconceptions about the real estate industry, goes into additional detail on the importance of general partners and investors having aligned interests, and describes their individual definitions of success.
Episode Topics
[01:24] Meet our guest, Ryan Twomey
[01:52] Ryan's Journey into Real Estate
[03:19] The Power of House Hacking
[04:40] Expanding into Larger Multifamily Investments
[13:56] Exploring the RV Space
[23:20] Understanding the Current Market Trends
[28:06] What is one red flag every investor should look out for?
[29:31] What is a myth about the real estate business?
[32:13] Connecting to Ryan
Notable Quotes
- “When a GP invests alongside investors in their deals, it creates alignment of interest.” - Tim Little
- “Rents were also increasing. So it's more of an affordability play too for people.” - Ryan Twomey
- “A lot of people tend to invest in real estate when a market's thriving but when things slowdown they perceive it as dangerous to get into.” - Tim Little
- “Sticking to your fundamentals and not forcing a deal is key, because when people do that, they tend to get into trouble.” - Tim Little
- "Our strategy: focus on B or C class properties in B to B plus areas, add value by renovating, updating amenities, and raising rents. Control over asset value is our game-changer." -Ryan Twomey
- "The RV community isn't what people think. It's not just lower income; many are passionate, with RVs going for hundreds of thousands." -Ryan Twomey
👉Connect with Ryan Twomey
- LinkedIn: Ryan Twomey
- Website: TR Capital Partners
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Aaron Letzeiser, Aaron is the Co-Founder & COO of Obie, a venture-backed insurance and risk management technology platform serving over 17 million real estate investors in the United States.
He emphasizes the relevance of replacement prices in a property's coverage, as well as the need to update them on a regular basis to provide adequate coverage. Aaron additionally highlights the importance of property insurers providing risk-reduction recommendations in order to lower or sustain premiums.
Concluding, He advises investors to verify insurance amounts on property proformas and discusses the possibility for returns in high-rate conditions.
Episode Topics
[01:15] Meet our guest, Aaron Letzeiser
[02:44] The Birth of Obie
[06:22] The Solution: Obie's Approach
[11:25] The Future of Insurance in Real Estate
[16:27] Common Mistakes in Real Estate Insurance
[19:27] Tips for Real Estate Investors
[31:25] What is one red flag every investor should look out for?
[31:47] What is a myth about the real estate business?
[32:56] Connecting to Aaron
Notable Quotes
- "At Obie, we empower real estate investors with clear insights and instant bindable quotes, making insurance a controllable expense." -Aaron Letzeiser
- "Accidental landlordship is a valid start in real estate. Clichés exist for a reason—real estate remains recession-resistant as people always need a place to live." -Tim Little
- "Frustrations led to Obie—addressing the lack of control in insurance. Customizability is key, especially in large commercial multifamily." -Tim Little
- "Commercial real estate evolved, but insurance markets lagged. Small real estate investors need risk advocates who understand their long-term goals, not just an upsell." -Aaron Letzeiser
- "At Obie, we filled the gap with instant underwriting for 1-4 unit assets. Technology brings transparency, predictability, and fair pricing to real estate insurance." -Aaron Letzeiser
- "In real estate insurance, avoiding investor mistakes is crucial. Understanding property specifics is key to risk management." -Tim Little
- "Underestimating replacement costs is the biggest insurance mistake. Investors must update policies to avoid being underfunded in case of a loss." -Aaron Letzeiser
👉Connect with Aaron Letzeiser
- LinkedIn: Aaron Letzeiser
- Website: Obie
- Email: aaron@obieinsurance.com
- Phone: 248-449-4499
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Brandon Campbell, Brandon is a top producing loan originator at Lima One Capital. He joined Lima One in 2016 as an entry level inside sales rep & moved quickly up the leaderboard. Over the years, he has consistently been one of the top 5 originators at the company.
In his description of the company's achievements, Brandon reveals that Lima One Capital has completed 1700 closings and now manages between 200 and 300 each year. He states that they currently have a $3 billion forward loan volume and that eight of every ten loans they issue are funded. In addition, he discusses loan origination procedures, underwriting policies, interest rate variations, asset class dynamics, and common misconceptions in the industry.
Brandon exhorts those who are listening to invest in real estate as a possible means of accumulating riches.
Episode Topics
[01:17] Meet our guest, Brandon Campbell
[01:38] Brandon Campbell's Journey in Real Estate
[03:26] The Customer Base and Loan Size
[04:48] Exploring Multifamily Investments
[13:19] Vetting Sponsors and Understanding Asset Classes
[24:34] The Future of Interest Rates and Final Thoughts
[28:14] What is one red flag every investor should look out for?
[28:44] What is a myth about the real estate business?
[29:32] Connecting to Brandon
Notable Quotes
- “A loan originator is mainly a salesperson hired by a mortgage company.” - Brandon Campbell
- “Loans are a crucial element of almost any real estate deal.” -Tim Little
- “I am customer crazy, I know our products frontwards, backwards, and side to side, and I can help people get across the finish line.” -Brandon Campbell
- “Our appetite is pretty vast, but I would say the majority of our loan volume comes from well established customers, who have purchased at least dozens of homes.” -Brandon Campbell
- "Vetting sponsors is about common sense. We say yes when the story aligns—market knowledge, crew presence, and a sensible approach." -Brandon Campbell
- "We're well-capitalized but nimble. The best of both worlds between hard money and traditional banks." -Brandon Campbell
- “Banks shy away from tertiary markets due to risks. It's not as sure as primary or secondary markets with population growth." -Tim Little
- "The tricky part with short-term rentals is navigating local laws. It's hyper-local, and legality matters. Ensure you're allowed to do it to avoid trouble later." -Tim Little
👉Connect with Brandon Campbell
- LinkedIn: Brandon Campbell
- Website: Lima One Capital
- Email: brandon@limaone.com
- Business phone: 800-390-4212
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Leann Mouritsen, She is a managing partner at Crowned Capital, a private multifamily investment firm. Inspired by "Rich Dad Poor Dad," she started with single-family rentals but shifted to multifamily.
She values teamwork and collaboration, learned through raising seven daughters! She also has a strong commitment to philanthropy, aiming to donate millions to help those in need and create opportunities for others.
Leann shares her journey from single-family rentals to multifamily investments, highlighting the challenges of upgrading homes solo and the shift towards relying on professionals. This led her to explore passive investments in multifamily real estate, culminating in a partnership with Open Door Capital on a 673-unit apartment complex.
Focused on networking and continuous learning, Leann emphasizes the significance of due diligence, staying informed, and asking the right questions for investors. She believes success encompasses spiritual, physical, mental, and financial well-being.
Episode Topics
[01:19] Meet our guest, Leann Mouritsen
[03:49] The First Investment: A Learning Experience
[08:57] The Importance of Collaboration and Networking
[14:19] Vetting Sponsors and Deals
[22:27] The Role of Education in Real Estate Investing
[27:37] The Fund-to-Funds Model in Real Estate Investing
[30:09] What is one red flag every investor should look out for?
[31:58] What is a myth about the real estate business?
[36:09] Connecting to Leann
Notable Quotes
- I was just enamored by the idea of passive income. It had never occurred to me that the opportunity was passive income. And I got really excited about it." -Leann Mouritsen
- Even if I'm asking stupid questions, are they taking the time to educate me - Tim Little.
- "I trust this person. I don't even vet the deal anymore. Yeah, you should always vet the deal." -Tim Little
- "Respect that you tried everything. Lessons learned cost time and money. 'Who, not how' is in the background." -Tim Little
- "The right property manager is crucial. Contracts often have a minimum term; knowing it is key to successful vetting." -Tim Little
- "You can't feed people from empty cupboards" -Leann Mouritsen
- "I empower dentists to invest in real estate for retirement without a second job, making a significant impact over time." -Leann Mouritsen
- Go out there and learn everything you can, and then to make a choice and move, take action and get out there and do it. - Leann Mouritsen
👉Connect with Leann Mouritsen
- LinkedIn: Leann Mouritsen
- Website: Crowned Capital
- Email: leann@crownedcapital.net
- Business phone: 239-413-0524
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Michael Mannino, He is a licensed Master Builder in Michigan and Florida. With over 35 years in the construction industry, he has built, renovated, and remodeled residential houses, including multi-million dollar homes for local celebrities. He is a founder of several multi-million dollar companies that build and flip houses, and invest in multifamily real estate.
Michael talks about his experiences in the real estate industry, from purchasing and renovating homes to making multifamily real estate investments. He stresses the value of having capable partners to help a project succeed.
He also discusses how cost segregation and tax advantages increase the profitability of real estate investments. A black belt who routinely breaks bricks with his bare hands, Michael gave some inspiring insights in how he overcame imposter syndrome and became a confident real estate investor!
Episode Topics
[01:17] Meet our guest, Michael Mannino
[03:21] The Art of Buying and Selling Houses
[13:51] The Magic of Multifamily Real Estate
[19:46] The Tax Benefits of Real Estate Investments
[22:07] Transitioning from Flipping to Multifamily
[25:33] The Future of Real Estate: Building Multifamily
[26:27] What is one red flag every investor should look out for?
[27:39] What is a myth about the real estate business?
[31:44] Connecting to Michael
Notable Quotes
- "Money doesn't change you; it just brings out who you really are. If you're a jerk, then you're just gonna be a rich jerk once you have money and vice versa." -Tim Little
- "When you buy a product might be more important than where you buy it. The time to buy is coming soon." -Michael Mannino
- "The real estate market is tricky. Pent-up demand could drive prices higher, even if rates drop. I'll watch with my 2.5% interest rate from the sidelines." -Tim Little
- "Concentrate on making your company run itself, not needing you in it. Once you do that, you can start another adventure." -Michael Mannino
- "Cost segregation supercharges depreciation, providing tax-free income. Multifamily distinct returns make it unparalleled. Consult your tax advisor." - Tim Little
- "Not paying taxes, perks your interest when you're paying a lot of money in taxes here. The problem with making money is you have to pay a lot of money in taxes." -Michael Mannino
Connect with Michael Mannino
- LinkedIn: Michael Mannino
- Website: Reciprocity Capital Group
- Email: manninomt@gmail.com
- Telephone: 248-202-7357
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Michael P. Voulgarakis, he has 17+ years experience in commercial real estate, leads operations, capital raising, and asset management at Southgate Ventures. He's underwritten $1.62B in loans, managed $300M in assets, and completed 10 deals in 8 years in the Puget Sound region.
In this episode, Michael talks about how he got his start in the industry, how he progressed from purchasing condos to managing larger assets, some useful strategies he picked up along the way, and the significance of asset management in commercial real estate transactions.
In addition, he offers advice to prospective investors on how to manage capital expenses and the value of establishing rapport with brokers. Stay tuned!
Episode Topics
[01:19] Meet our guest, Michael Voulgarakis
[02:27] The Itch for Real Estate
[06:41] The Importance of Exposure and Experience
[09:19] The Power of Partnerships
[12:24] The Journey to Commercial Real Estate
[27:12] The Role of Asset Management
[34:45] What is one red flag every investor should look out for?
[35:44] What is a myth about the real estate business?
[36:34] Connecting to Michael
Notable Quotes
- "I started small, buying condos off-market, doing renovations with my own hands. The bug kept biting, and I realized the potential for more than my W-2 job. It reshaped my career." - Michael Voulgarakis
- "Attention to detail in budgeting for capital expenditures sets the foundation for success." - Tim Little
- "Start small due to resource constraints. Prove your thesis with grassroots efforts. Investors seek proof in results. Build a track record and focus on deep market knowledge." - Tim Little
- "In real estate, partner with complementary skills and interests. I found my strength in capital raising, building relationships, and adding value. It's not just about skills but what you enjoy." -Michael Voulgarakis
- "Establish relationships early with brokers. Start with the eager junior ones. Over time, grow together for mutually beneficial success." - Tim Little
- "Self-management is key. No one cares for your property like you do. Small details matter in real estate success." - Michael Voulgarakis
- "Asset management is the key to maximizing property value and profitability over time." - Michael Voulgarakis
- "Effective asset management ensures our investments thrive, not just survive in the market." - Tim Little
👉Connect with Michael Voulgarakis
- LinkedIn: Michael P. Voulgarakis
- Website: SRE Ventures
- Email: michael@sreventures.com
- Business phone: (206) 486-8930 (Extension 3)
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Frank Xia, an ex-software engineer and data scientist, Frank is the founder of Daytona Capital. He has invested in everything from stocks and options to diverse assets like sports cards, watches, and of course, residential and commercial real estate.
In this episode, Xia discusses his transition from purchasing real estate in cities like Tampa to becoming a passive multifamily real estate investor. In addition, he talks about how he leverages technology and his strong expertise in mathematics to make money on his investments and emphasizes how crucial it is for limited partners and general partners in real estate syndications to have similar goals.
He also shares his expectations for real estate investing and offers guidance on how individuals in the United States with a green card or visa can also invest passively. Stay tuned!
Episode Topics
[01:19] Meet our guest, Frank Xia
[02:54] Investing Journey and Background
[11:09]Challenges and Lessons from Real Estate Investing
[18:16] Leveraging AI and Mathematical Rigor in Investing
[22:55] The Role of Data in AI and Real Estate
[35:15] The Reality of Real Estate Investing
[34:02] What is one red flag every investor should look out for?
[35:12] What is a myth about the real estate business?
[38:29] Connecting to Frank
Notable Quotes
- "First effort didn't go great, but instead of giving up on real estate, I examined what went wrong. I pivoted to Sunbelt markets like Tampa, seizing opportunities before prices soared." -Tim Little
- "I don't like the downsides of single-family or small multifamily. Multifamily is efficient, less liability, and offers a lower cost of entry. I'm all in on multifamily." -Frank Xia
- "My edge is mathematical rigor, not just AI. Technology is powerful, but my careful underwriting, rooted in mathematics, minimizes mistakes in a crowded market."-Frank Xia
- "Understanding your market is key to real estate success. Tampa's MSA and surrounding towns offer great opportunities for savvy investors." - Tim Little
- "My advantage in real estate is my careful and rigorous underwriting, rooted in mathematical precision. This tech-driven approach minimizes mistakes and maximizes profits." - Frank Xia
- "AI-driven property management boosts tenant experience, crucial for leasing and quick maintenance responses." - Tim Little
- "As a limited partner, I wait for deals with a conservative 14% IRR, avoiding reliance on lower cap rates or interest rate bets." - Frank Xia
Connect with Frank Xia
- LinkedIn: Frank Xia
- Website: Daytona Capital
- Email: frank@daytonacapitalre.com
- Work Telephone:+1-614-753-9173
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Flint Jamison, the Founder of Vestus Capital. He spent 20 years in aerospace as an engineer and program manager. He founded Vestus Capital to help educate other engineering leaders on how they can grow and protect their wealth by passively investing in commercial real estate.
Flint started investing in real estate because he realized the stock market wasn't giving him the strong returns he was looking for. His adventure began with a duplex investment, then he discovered "Build-to-Rent" ventures.
He places himself and his investors in a thriving market by creating single-family home communities that are run like multifamily businesses.
Flint's dedication to diversifying his investments away from the stock market and considering other non-traditional avenues highlights his distinct strategy for accumulating and safeguarding money. Stay tuned!
Episode Topics
[01:19] Meet our guest, Flint Jamison
[02:32] Challenges in the Aerospace Industry and Shift to Real Estate
[04:00] Realizing the Limitations of Single-Family Homes
[07:33] Comparing Real Estate and Stock Market Investments
[14:40] Understanding the Risks and Rewards of Real Estate
[27:21] The Importance of Location in Real Estate
[32:26] What is one red flag every investor should look out for?
[34:35] What is a myth about the real estate business?
[38:30] Connecting to Flint
Notable Quotes
- "The aerospace industry is sexy, but it's a huge grind that burns people out. I needed to find a better way." -Flint Jamison
- "All real estate is local. So don't go by these broad national metrics to make your decisions." - Tim Little
- "Commercial real estate is less emotionally driven; it's driven by numbers and revenue, giving you more control over your investments." - Tim Little
- "I think most people will just generally accept, if something has higher risk, there's the expectation of a higher reward." - Tim Little
- "I partner with experts, making me asset agnostic. My portfolio includes Class B and Class A properties, townhome communities, fund funding multi-properties, and now, I'm into built-to-rent." - Flint Jamison
- "Built-to-rent is a single-family development managing like multifamily, addressing the demand for starter homes. It's an A+ category - you get a home." - Flint Jamison
- "Risk is all relative. Developers, relying on real estate for their livelihoods, see it as manageable because it puts food on their family's table. Risk perception often stems from ignorance." - Flint Jamison
- "It's not about the macro economy; it's the micro economy. If you look at macro numbers, things never look good. But you go micro, and you're going to find little gold mines everywhere." - Flint Jamison
Connect with Flint Jamison
- LinkedIn: Flint Jamison
- Website: Vestus Capital
- Email: fl
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is George Salas, He is the CEO & Founder of Empress Capital, a Real Estate Investment firm where he focuses on short-term rentals. He is also an inspirational speaker, fund manager, and short-term rental investing coach.
In this episode, George talks about how his upbringing in extreme poverty in Peru inspired him to pursue a profession in hospitality at first. Eventually, he made the move into real estate, losing money on his initial investment before succeeding in the market for short-term rentals.
He describes how his business turns mid-sized single-family homes into opulent rental properties and uses innovative financing techniques to set itself apart in the increasingly crowded market. He challenges investors to conduct due research and debunks the misconception that investing in the stock market is the safest and most reliable way to build long-term wealth.
Episode Topics
[00:48] Meet our guest, George Salas
[03:25] Venturing into Hospitality and Event Management
[08:33] Success with Short-Term Rentals and Growth
[14:57] Lessons from First Real Estate Investment
[23:46] Understanding the Concept of True Diversification
[32:04] Creating a Niche in Short-Term Rentals
[41:50] What is one red flag every investor should look out for?
[42:32] What is a myth about the real estate business?
[44:00] Connecting to George
Notable Quotes
- "My biggest lesson: do your due diligence when partnering, and my second lesson: diversify. Don't put all your eggs in one basket." -George Salas
- "COVID was a wake-up call. Focusing too much on one area and not diversifying enough led to challenges." -George Salas
- "As a parent, instilling resilience in our children is a constant struggle. It's about challenging them, pushing them to overcome obstacles in sports, business, or any endeavor." - Tim Little
- "Success in business starts with taking action. The initial steps may be tough, but the most powerful lessons are those really expensive ones." - Tim Little
- "Everything happens to you, not just to you. Focus on what you've gained, not what's lost. Reflect on your growth a year from today, embracing the journey." - Tim Little
- "I don't even buy a house with an HOA, let alone for business purposes because they can be very litigious, for the smallest things. So you don't even wanna mess with that." - Tim Little
- "Rock bottom taught me resilience. In business, setbacks happen, but each one is a chance to come back stronger. Learn, adapt, and keep pushing. Failures are just stepping stones to success." - George Salas
Connect with George Salas
- LinkedIn: George Salas
- Website: Empress Capital
- Email: George@EmpressCapitalGroup.com
- Work Telephone: (832)-553-4413
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest isBen Fraser, He is the Chief Investment Officer at Aspen Funds, where he combines his analytical nature with a passion for delivering outstanding client service and strong returns.
Ben shared his knowledge and experiences as both an active and passive investor in real estate.
We also discussed the importance of understanding market trends and asset diversification even within commercial real estate.
There were a ton of insights in this one for both active and real estate passive investors!
Episode Topics
[01:10] Meet our guest, Ben Fraser
[03:33] Understanding Wealth Creation
[16:23] Evaluating Deals and Sponsors
[28:15] The Current Challenges in Multifamily Real Estate
[31:37] The Potential of Retail and Industrial Real Estate
[33:57] Understanding the Broader Economic Context of Real Estate
[39:47] What is one red flag every investor should look out for?
[40:13] What is a myth about the real estate business?
[42:12] Connecting to Ben
Notable Quotes
- "I wanted to own assets, learn risk management, and be on the side with the benefits of growth and ownership." - Ben Fraser
- "Wealth is created through ownership—whether in businesses or real estate. You don't need it as your primary occupation to participate and benefit from the upside." - Ben Fraser
- "Go slow deploying capital. Spread it across many deals early on. Learn along the way—you'll avoid later regrets." -Ben Fraser
- "Cash flow in real estate is a defensive metric. It helps you ride out turbulence and hold onto your property until things improve." -Ben Fraser
- "Cash flow keeps deals alive. Sponsors must be upfront about the timeline and efforts to save a deal before turning to investors." - Tim Little
- "Multifamily remains strong long-term. Short-term challenges, but retail, especially neighborhood centers, is a surprising gem—cash flow machines with great potential." - Ben Fraser
- "I shifted from self-managing a duplex to commercial multifamily because time spent dealing with issues was costing more than the 10%. Real estate offers diverse paths; it's about finding efficiency for the returns I seek." - Tim Little
Connect with Ben Fraser
- LinkedIn: Ben Fraser
- Website: Aspen Funds
- Email: benwfraser@gmail.com
- Podcast: Invest Like a Billionaire
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Logan Miller, He is the President and Co-Founder of Our Pet Policy a leading animal management software specializing in verifying emotional support animal documentation, detecting fraudulent ESA letters, and educating tenants about why they are not considered reliable. For apartment owners, this all leads to more pets paying pet rent.
This episode stresses the importance of understanding service animals and emotional support animals (ESAs) in housing. It highlights their protection under the Americans with Disabilities Act and Fair Housing Administration, exempting them from pet fees. The discussion also addresses issues with online-purchased ESA letters and how his company verifies their reliability.
Logan offers advice on pet management, emphasizing thorough verification processes, mid-lease inspections, and a balanced approach to pet regulations for property owners and tenants.
If you’re an owner or investor focused on increasing revenue while staying compliant with Fair Housing regulations, you won’t want to miss this episode!
Episode Topics
[00:57] Meet our guest, Logan Miller
[02:03] Logan's Journey into the Rental Market
[05:14] The Challenges of Renting with Pets
[07:07] Understanding the Difference Between Emotional Support and Service Animals
[16:23] The Verification Process for Emotional Support Animals
[20:09] The Financial Impact of Emotional Support Animals on Property Owners
[23:25] What is one red flag every investor should look out for?
[23:44] What is a myth about the real estate business?
[23:55] Connecting to Logan
Notable Quotes
- "As a veteran, I had the VA loan at my disposal—0 percent down was a game-changer. House hacking, especially with a duplex, is an excellent way to start real estate investing." - Tim Little
- "If they have documentation, we'll approve them all. Stories like that have made property managers say, 'If they have documentation, we'll approve them all.'" - Logan Miller
- "There needs to be a healthcare professional that can verify this. It's about responsibility and ethics in approving assistance animals." - Logan Miller
- "From an owner's perspective, my biggest concern would be whenever I hear fair housing especially, is liability, and ensuring that I'm treating everyone exactly the same across the board." - Tim Little
- "Exempt from additional pet fees, emotional support animals and service animals provide financial benefits to property owners while maintaining tenant satisfaction." - Logan Miller
- "Property owners need clarity on pet fees. Knowing exemptions for emotional support and service animals helps strike a balance between tenant satisfaction and financial viability." - Tim Little
Connect with Logan Miller
- LinkedIn: linkedin.com/in/logan-miller-744a131a4
- Website: https://ourpetpolicy.com/
- Email: logan@ourpetpolicy.com
policy. support@ourpetpolicy.com
- Telephone: (208) 906-8886
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Jeremy Dyer, Jeremy is the Founder and Managing Partner of Starting
Point Capital where he leads the company’s investor relations, and strategic partnerships and serves as the director of marketing. He is what I can only describe as a prolific passive investor in addition to his active investing in Starting Point Capital, so I can’t wait to dive into that!
In this episode, He discusses the benefits of passive real estate investing. He provides an in-depth analysis of his investment strategy, which includes diversification, thoughtful risk management, and the utilization of tax benefits. Moreover, he emphasizes the importance of viewing investing as a long-term commitment rather than a get-rich-quick scheme and valuing time freedom as a significant marker of success.
Jeremy also shares his journey from active investments to passive ones, driven by his desire for a balanced lifestyle where he can spend quality time with his family. Stay tuned!
Episode Topics
[01:17] Meet our guest, Jeremy Dyer
[03:45] Balancing Family Life and Real Estate Business
[05:24] Jeremy's Current Investment Portfolio
[06:01] Discussion on Sales and Financial Success
[14:08] The Benefits of Passive Investing
[25:14] Jeremy's Experience as a Passive Investor
[30:59] What is one red flag every investor should look out for?
[33:29] What is a myth about the real estate business?
[35:41] Connecting to Jeremy
Notable Quotes
- "Crush your day job, manage expenses well, and start investing wisely. Learn from mistakes, pivot to passive." - Jeremy Dyer
- "Doubling down on kids means evaluating the cost. Balancing business and family is crucial for long-term success." - Jeremy Dyer
- "Focus on your day job, but also explore alternative investment strategies. Learn from mistakes, de-risk your decisions, and pivot to passive investing for long-term financial stability." - Jeremy Dyer
- "Live below your means while young; it sets you up for financial freedom later. Save, invest, and avoid the unnecessary splurges. It's the key to long-term success." -Tim Little
- "Building a real estate pipeline takes time. Start now, invest consistently, and watch compounding turn your investments into long-term wealth." - Jeremy Dyer
👉Connect with Jeremy Dyer
- LinkedIn: Jeremy Dyer
- Website:startingpointcapital.com
- Podcast: www.startingpointcapital.com/podcast
- Email: 952-200-2173
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Maria Zondervan, She is the CEO of Blue Vikings Capital a real estate
investment firm and founder of Valhalla Villas, a non-profit organization dedicated to providing housing and independent living services for autistic adults.
An accomplished wildlife biologist, she was able to keep working her dream job thanks to the additional income she was getting from real estate. She is the perfect example of how someone can continue doing the job they love while building wealth in real estate.
Maria ventured into real estate early, while still in college. She later transitioned from investing in single-family homes to managing a 12-unit apartment complex.
Maria discussed the responsibilities of managing others' investments, the importance of understanding the market, and her commitment to providing secure future housing for her autistic son and others in similar circumstances. Stay tuned!
Episode Topics
[01:41] Meet our guest, Maria Zondervan
[03:29] First Steps and Challenges in Real Estate
[05:59] Balancing Business and Real Estate Investments
[09:40] Understanding the Real Estate Market and Investment Risks
[15:31] The Role of a Professional Capital Raiser
[18:28] The Importance of Due Diligence and Investor Trust
[25:20] The Value of Diversification and Market Exposure
[34:16] What is one red flag every investor should look out for?
[34:46] What is a myth about the real estate business?
[37:15] Connecting to Maria
Notable Quotes
- "We were already into the buy-and-hold strategy. We weren't flipping. So we were in a safer position as it was, which is why we decided to keep some." -Maria Zondervan
- "If you're holding it for the long term, you can weather that storm until things rebound—the appreciation, especially in insulated markets." - Tim Little
- "I didn't want to be practicing with other people's money. I really wanted to know my stuff." -Maria Zondervan
- "People who owned apartment buildings weren't suffering nearly as much as those who were being speculative at the single-family level." - Tim Little
- "As a business owner, we'd love it too because now that I'm a professional... we would be saving enough in taxes." -Maria Zondervan
- "You have to look at it over like a strategy, not just one-time events. Talking with your CPA can make it seem more manageable." - Tim Little
- "As a professional capital raiser, my money goes in first. I invest alongside you, ensuring commitment and aligning interests for success." -Maria Zondervan
Connect with Maria Zondervan
- LinkedIn: Maria Zondervan
- Website: www.BlueVikingsCapital.com
- Email: mzondervan123@gmail.com
- Work Telephone: (407) 832-4242
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is John Casmon, He is the founder of Casmon Capital, a real estate investment firm, he’s a coach for multifamily syndicators (like myself), co-creator of the Midwest Real Estate Networking Summit, and as if he wasn’t busy enough, host of the top-rated podcast, Multifamily Insights.
In this episode John shares his journey from working in corporate America to becoming a successful real estate investor, emphasizing the importance of learning from challenges and focusing on growth. John also offers invaluable insights on syndication, the importance of personal branding, and the vital components of success in the multifamily real estate space.
He concludes by sharing the three C's for success in real estate: Confidence, Credibility, and Connections. Stay tuned!
Episode Topics
[01:07] Meet our guest, John Casmon
[01:46] John's Journey into Real Estate
[03:26] The Challenges of Scaling in Real Estate
[08:17] The Importance of Control in Career Choices
[16:56] The Power of Networking and Mentorship
[24:11] Leveraging Personal Brand for Business Success
[34:18] The Importance of Flexibility in Multifamily Investing
[35:00] What is one red flag every investor should look out for?
[35:36] What is a myth about the real estate business?
[38:00] Connecting to John
Notable Quotes
- "I need to take more control of my financial future, and real estate was the thing that would help me do that." - John Casmon
- "I had time, I could really look at all the options. And if I was compressed, if it was a situation where I got let go and, 'Oh my goodness, how am I going to pay my bills next month?' I would have had to just apply, get a job, and keep it moving." - John Casmon
- "Surround yourself with people who can empower you, who can help you grow, who can help you scale. Those concerns and fears get alleviated because you have real solutions and answers in place." - John Casmon
- "I can't emphasize that enough, surrounding yourself with the people who are 1, 2, 3 steps ahead of you. So that you're learning by osmosis, just by being around them." - Tim Little
- "If you're an investor, if you make wise business decisions, you are very personal or know how to take care of things, people are going to give you credit for those things."- John Casmon
Connect with John Casmon
- LinkedIn: John Casmon
- Website: casmoncapital.com
- Podcast: Multifamily Insights
- Email: john@casmoncapital.com
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Tim Lyons, co-founder and Managing Partner of Cityside Capital. He's also a Registered Representative of Phase One Financial Services in NYC, holding Series 82 and 63 licenses. Tim, an 18-year FDNY veteran, sheds light on Cityside Capital's operations, specializing in multifamily, self-storage, and industrial assets.
In this episode, He provides a detailed peek into how his company operates. From diligent analysis before onboarding potential investors and commercial real estate operators, to specializing in asset classes such as multifamily properties, self-storage, and industrial triple net leases;
As a powerful blend of hands-on experience and professional expertise, Tim shares in-depth knowledge about setting up LLCs, dealing with securities fraud, establishing funds of funds, raising capital, and much more. The conversation reflects Tim's passion for real estate and his firm belief in equity and cash flow.
Episode Topics
[01:20] Meet our guest, Tim Lyons
[02:15] Tim Lyons Shares His Background and Journey
[05:31] The Shift to Real Estate and First Investment Experience
[17:50] Understanding the Value of Time and Prioritizing Tasks
[24:08] The Importance of Material Participation
[30:10] Understanding the Suitability Rule in Investment
[39:17] The Future of Asset Classes in City-Side Capital
[41:02] What is one red flag every investor should look out for?
[41:31] What is a myth about the real estate business?
[42:57] Connecting to Tim
Notable Quotes
- "I went down this personal growth and development path, and it came down to one word, Tim, and that was equity, actually two words, equity, and cashflow." - Tim Lyons
- "I was addicted to the tax benefits and the cash flow and having real estate pay me in five ways, I really wanted to get into it more, I just didn't want to be the guy to be the landlord anymore." - Tim Lyons
- "I wanted a three-family or a duplex or a quad because that was able to qualify for traditional financing 30-year fixed mortgages. I wanted more than one unit because I felt like if one or two units were vacant, I could still have some kind of cash flow coming in." - Tim Lyons
- "It's not about just being a landlord; you become the property manager, a whole new level of involvement." - Tim Little
- "People need food, clothing, and a place to live. We believe in multifamily; it's a structural deficit of affordable housing."- Tim Lyons
Connect with Tim Lyons
- LinkedIn: Tim Lyons
- Website: citysidecap.com
- Podcast: The Passive Income Brothers
- Email: tim@citysidecap.com
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Nic DeAngelo, He is the co-founder and Managing Partner of Cityside Capital along with his brother Greg. He is a Registered Representative of Phase One Financial Services, LLC, a broker-dealer based in New York City.
Nic holds the Series 82 and 63 licenses and is focused on raising capital for multifamily, self-storage and industrial assets that provide great risk-adjusted returns, tax advantages, passive income, and equity upside. Nic is also an 18-year veteran of the New York City Fire Department (FDNY) and currently serves as a lieutenant in the borough of Queens.
In this episode, Nic explores wealth-building in multifamily real estate. From a construction-curious teen to a thriving tycoon, he unveils the secrets of success: mentorship, perseverance, and adding value. Discover his journey from foreclosures to nationwide triumph, leveraging economic insights, tech, and strategic leasing. Uncover stable income strategies amid global shifts and gain insights into consumer behavior's impact on the market.
Episode Topics
[01:29] Meet our guest, Nic DeAngelo
[02:11] Real Estate Riches: Teen to Tycoon
[05:25] Wealth Unveiled: A Teen's Guide to Real Estate Success
[09:29] Risk-Takers to Market-Masters: Our Real Estate Revolution
[15:32] Mastering Real Estate: Scaling Strategies Unveiled
[23:15] Navigating Global Economics for Real Estate Success
[30:16] Decoding Multifamily: What the Experts Want You to Know
[34:58] What is one red flag every investor should look out for?
[36:17] What is a myth about the real estate business?
[39:45] Connecting to Nic
Notable Quotes
- "Construction is hard. It's a lot less hard than whatever these guys are doing, driving Ferraris. So I want to learn what they're doing." - Nic DeAngelo
- "The really rich guy treats everyone with respect and gets respect in return. That finds its way of adding its own value." - Tim Little
- "Our success lies in understanding global economics and making strategic moves at the right time. It's all about reading the market." - Nic DeAngelo
- "Diversity in real estate isn't just about property types; it's about giving investors options for cash flow and long-term growth." - Tim Little
- "The rock is you can't leave money in the bank because inflation is going to nibble away at it at a rate higher than we've seen in decades. And on the other side, if you're tied up in certain investments you're not confident in, there might not be distributions, there might be rocky seas ahead." - Nic DeAngelo
- "The resilience of the American consumer and the surge in revenge spending caught the Fed off guard, fueling unexpected inflation." - Tim Little
Connect with Nic DeAngelo
- LinkedIn: Nic DeAngelo
- Website: saintinvestment.com
- Podcast: Email: info@saintinvestment.com
- Work Telephone: (949) 881-7128
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Franco Perez, founder and president of Franco Mobile Homes. Driven by a childhood in unstable housing, Franco is dedicated to providing affordable housing in Silicon Valley.
His team works to reimagine mobile homes, expanding affordable housing options in the Bay Area and unlocking pathways to homeownership, fostering financial security for families facing seemingly impossible challenges.
In this episode, Franco shares his inspiring journey from a tough background to a successful real estate agent focused on affordable homeownership for the working class. Explore the potential of mobile homes and Franco's industry revolution.
Discover how modernization elevates mobile homes, challenges stereotypes, and emphasizes ownership pride in this insightful episode on redefining affordable housing solutions. Stay tuned!
Episode Topics
[01:31] Meet our guest, Franco Perez
[02:26] From Renting to Owning: Real Estate Success
[07:03] Rethinking Homeownership: The Mobile Home Advantage
[12:40] Unlocking the Secrets of Affordable Homeownership
[19:06] Affordable Housing Transformation: Mobile Home Upgrades
[23:00] Surprising Luxury in Mobile Homes
[27:24] What is one red flag every investor should look out for?
[28:27] What is a myth about the real estate business?
[30:12] Connecting to Franco
Notable Quotes
- "There used to be this stair-step approach that doesn't seem as feasible nowadays for a variety of reasons. So it sounds like you're trying to find another way for people to at least get on those stairs to start climbing." - Tim Little
- "So essentially, if we look at the scope of our country today, material costs are getting more expensive. Labor is getting more expensive. The cost of construction and building housing is going to get more and more expensive as well." - Franco Perez
- "FHA 3.5% - I've personally used that. I've never done the whole 20 percent for a house." - Tim Little
- "Appreciation is something that needs to be analyzed, and you get the real information of how it works in your market." - Franco Perez
- "We use all the materials that new homes are being built with today. And we have high standards of the quality of how they're being built as well... It really becomes a beautiful thing." - Franco Perez
- "People think about what their parents live in, but these interiors have marble countertops. Impressive!" - Tim Little
- "The media often portrays mobile homes negatively, but there's a full spectrum of quality, just like with apartments." - Franco Perez
Connect with Franco Perez
- LinkedIn: Franco Perez
- Website:Franco.TV
- Email: franco@franco.tv
- Youtube: @francomobilehomes
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Jonny Cattani, He is the founder of Cattani Capital Group. He’s a former stockbroker turned RE Investor and has been in commercial real estate for 3 years, and an investor 6 years. He currently manages a $650k STR (Short-term rental) Fund and specializes in helping busy professionals build wealth through passive income.
He's also the host of The Cash Flow Chronicles podcast, where he interviews top experts in real estate and business.
In this episode, Jonny shares his journey from stockbroker to thriving real estate mogul in this multifamily real estate podcast. Discover the hidden potential of real estate investments, debunking the stock market myth. We explore the power of new money wealth management and how to thrive in uncertain times.
Tune in to gain insights on mastering the ever-evolving real estate market.
Episode Topics
[01:58] Meet our guest, Jonny Cattani
[02:47 ] From Stock Broker to Real Estate Success
[10:29] Unlocking Wealth Beyond Stocks
[16:29] Investing Insights for Teens
[24:35] Wealth Building Strategies for Today's Generation
[32:05] The Future of Real Estate: Shaping Expectations
[39:35] What is one red flag every investor should look out for?
[40:52] What is a myth about the real estate business?
[43:48] Connecting to Jonny
Notable Quotes
- "I started as a stockbroker, but real estate was where I found my true passion and success." - Jonny Cattani
- "The stock market is not the economy. The stock market is not the only market." - Tim Little
- "People think they have control in the stock market, but true control is in predictability and mitigating risk in alternative assets." - Jonny Cattani
- "If you like Coke, you can drink Coke, but it won't affect the stock price. Real estate offers control and value addition." - Tim Little
- "You cannot save your way to wealth; you have to find these skills to make more money, and then you can start investing that." - Tim Little
- "Ultimately, the way to do it is to go and continue to learn and build your skill set so that you can go out and essentially make more money." - Jonny Cattani
Connect with Jonny Cattani
- LinkedIn: Jonny Cattani
- Website:www.cattanicapitalgroup.com
- Podcast: The Cash Flow Chronicles
- Email: jonathan@cattanicapitalgroup.com
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guests are Jen and Stacy Conkey. Jen and Stacy are the founders of Warriors of Wealth and Multifamily Investing Academy. They have over 20 years as entrepreneurs and real estate investors.
Armed with that experience, they have taught thousands of people across the globe what it takes to succeed in multifamily real estate investing, with actionable strategies that make cash flow real estate fun!
Jen & Stacy have taught thousands of people across the globe what it takes to succeed in multifamily real estate investing, with actionable strategies that make cash flow real estate fun and easy!
In this episode they share their inspiring journeys into multifamily real estate investing, discuss the value of starting small, busting syndication myths, and the power of joint ventures.
Learn about the importance of experience, teamwork, and clear exit plans, and discover how mindset and time management play a crucial role in achieving success in this dynamic industry.
Don't miss their insights on building confidence, fostering mentorship, and the Remote Multifamily Investing Academy's mission to support aspiring investors. Tune in for actionable advice and captivating stories!
Episode Topics
[01:12] Meet our guests, Jen and Stacy Conkey
[01:55 ] Unlocking Real Estate Success: Inspiring Journeys
[08:06] Starting Small, Scaling Up
[17:52] Apartment Investing
[21:17] Bigger Isn't Always Better
[27:37] Mastering Multifamily Real Estate Investments
[31:00] Real Estate Triumph: Mindset, Time Management, and Focus
[37:14] What is one red flag every investor should look out for?
[38:21] What is a myth about the real estate business?
[43:18] Connecting to Jen and Stacy
Notable Quotes
- "I knew that was not what I was supposed to be doing, but I didn't know what I was supposed to be doing." - Stacy Conkey
- "Get out of that scarcity mindset of, hey, this must be impossible because there's nothing in my neighborhood that I can buy and start looking out in those concentric circles." - Tim Little
- "Start with something manageable and doable where you'll get more out of it than you realize." - Stacy Conkey
- "Unit count is a vanity metric. It doesn't actually mean a whole lot." - Tim Little
- "It's not just about chasing external goals; it's about having compelling reasons why you must achieve them." - Jen
- "Entrepreneurship requires creating your own structure and mindset, which is easier said than done." - Tim Little
Connect with Jen and Stacy Conkey
- LinkedIn: Jen and Stacy Conkey
- Website:https://rmfiacademy.com/
- Email: hello@rmfiacademy.co
- Facebook Group:PassiveIncomeRealEstateInvesting
- Book: Multifamily Freedom Hacking
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Charlie Wessel, He is a dedicated family man and highly accomplished entrepreneur. He has successfully established and managed multiple companies in the Charleston,
SC area. With a deep passion for the Multifamily and broader Commercial Real Estate sector, Charlie founded Cordell Capital which has over 1k units valued at over $108M under management.
In this episode, Charlie shares his transformative journey from contracting success to thriving in multifamily real estate. Discover the power of strong networks, trust, and relationship-building in this captivating podcast.
Learn the secrets to multifamily prosperity through personal connections, diversification, education, and efficient scaling. Unleash your time freedom by valuing your hours, delegating wisely, and making strategic hires. Don't miss this essential guide to multifamily real estate success. Stay tuned!
Episode Topics
[01:30] Meet our guest, Charlie Wessel
[02:27 ] Mastering Multifamily: A Contractor's Journey to Wealth
[08:10] The Path to Multifamily Real Estate Wealth
[12:23] The Art of Multifamily Partnerships
[17:02] From Multifamily to Short-Term Rentals: An Investor's Evolution
[22:11] The Power of Education and Growth in Real Estate
[26:29] Unlock Time Freedom and Business Growth
[29:54] What is one red flag every investor should look out for?
[31:08] What is a myth about the real estate business?
[36:30] Connecting to Charlie
Notable Quotes
- "I'm one of those guys that when I start something, I'm, I'm going all in. And I'm going to figure it out and we're going to do it to the best of our ability." -Charlie Wessel1
- "Your network and knowledge can be your greatest assets in multifamily real estate." - Tim Little
- "In this business, relationships forged at conferences and masterminds are your ticket to success." - Charlie Wessel
- "We've walked their properties, met their families, and even been to their weddings. These are more than business partners; they're lifelong friends." - Charlie Wessel
- "It's about character as much as it is about business processes and performance." - Tim Little
- "Focusing on the value of your own time and figuring out what those $10-an-hour, $100-an-hour, $1,000-an-hour tasks are is key. You're wasting your time and money doing low-value tasks that could be hired out." - Tim Little
- "I've mastered the art of delegation. I have a four-day workweek and quality family time. It's all about hiring the right people and quickly letting go of the wrong ones." - Charlie Wessel
Connect with Charlie Wessel
- LinkedIn: Charlie Wessel
- Website:cordellcapital.com
- Email: info@cordellcapital.com
- Work Telephone: 843-200-9552
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Chris Larsen, Chris is the founder and Principal of Next-Level Income. He has been investing in and managing real estate for over 20 years.
While still a college student, he bought his first rental property at age 21. From there, Chris expanded into development, private lending, buying distressed debt as well as commercial offices, and ultimately syndicating commercial properties.
He began syndicating deals in 2016 and has been actively involved in over $1.5B of real estate acquisitions. Chris is passionate about helping investors become financially independent.
In this episode, Chris shares his journey, highlighting the importance of purpose and passion in real estate.
We also discussed diversifying into lesser talked about assets like assisted living facilities and express car washes. Stay tuned!
Episode Topics
[01:31] Meet our guest, Chris Larsen
[02:22 ] From College Townhouse to Financial Independence
[10:45] Real Estate Success: Starting Small, Scaling Smart
[17:58] Unlocking Real Estate Success: Diversifying for Growth
[26:36] Exploring Assisted Living Real Estate Opportunities
[30:55] Navigating Real Estate Markets and the Future of Multifamily
[35:01] What is one red flag every investor should look out for?
[36:00] What is a myth about the real estate business?
[39:37] Connecting to Chris
Notable Quotes
- "The opposite of love, in my opinion, isn't hate, it's indifference." - Chris Larsen
- "You're better off owning a portion of something than a hundred percent of nothing." - Chris Larsen
- "You might find synergies with someone else who is looking to do something similar, but they need whatever you're bringing to the table." - Tim Little
- "If you follow the demographic trends, have a great operating partner, and are in spaces with high operating cash flow, you can do very well." - Chris Larsen
- "So there's a high barrier entry. You just can't go and build an assisted living facility. You have to have a certificate of need."- Chris Larsen
- "I think zooming out, concerning rates, typically when the economy softens, we see rates fall."- Chris Larsen
- "All real estate is local... That tertiary market may not fluctuate at all, but at the same time, you're not going to benefit as much. People need to take into account that they need to look at the markets, not just listen to the story on a national level."-Tim Little
Connect with Chris Larsen
- LinkedIn: Chris Larsen
- Website:NextLevelIncome.com
- Podcast: Nextlevelincome
- Email: Chris@NextLevelIncome.com
- Work Telephone: 828-768-8700
Resources:
Next-Level Income Free book copy
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Brent Bowers, he is the Owner of Land Sharks. He is also an investor and coach with a focus on buying and selling vacant land. In a short period of time, Brent was able to expand his business, hire a team, and (most importantly) spend quality time with his family while still working hard and helping others. While Brent invests in many different types of real estate, his favorite investment strategy deals with buying and selling vacant land, and he enjoys sharing his expertise in this area with his coaching clients.
In this episode, Brent explains his journey from military service to real estate success. He emphasizes the value of acting now rather than waiting for the right opportunity that may never come.
He explains how investing in land differs from buying conventional real estate, offering quick returns, less maintenance, and a unique investment strategy. He offers advice on locating discounted land, creating clever offers, and utilizing seller financing for profitable real estate opportunities. Stay tuned!
Episode Topics
[01:26] Meet our guest, Brent Bowers
[02:04 ] From Soldier to Real Estate Success
[07:31] Investing in Land vs. Single-Family or Multifamily Homes
[18:33] Unlocking Profit in Undervalued Land
[32:37] Maximizing Profits Through Creative Real Estate Strategies
[36:50] What is one red flag every investor should look out for?
[37:44] What is a myth about the real estate business?
[38:54] Connecting to Brent
Notable Quotes
- "Timing is never right for anything you're doing in life. I just say, just fricking do it." - Brent Bowers
- "There is no perfect time. Usually, the sooner, the better." - Tim Little
- That rental property, I literally sold it in 2019, which was too soon. I held it from 2007 to 2019. Never ever made a penny on that house." - Brent Bowers
- "We have a strategy to buy buildings with the cash flow because of buildings, the IRS wrote that tax code to allow you to depreciate buildings and houses." - Brent Bowers
Connect with Brent Bowers
- LinkedIn: Brent Bowers
- Website:TheLandSharks.com
- Podcast: wholesaling-inc
Resources:
Michalowicz's book, Profit First
https://www.myfax.com/
https://www.samcart.com/
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Episode Summary
This podcast is aimed at equipping listeners with substantial knowledge in multifamily real estate investing, sharing inspiring experiences from experts well-versed in the different stages of wealth creation through real estate. Meet our host, the founder and CEO of ZANA Investments, Tim Little.
Today's guest is Jason Wright, He is the Founder and CEO of Intentionally Inspirational, a digital marketing strategy and automation firm.
He is also a speaker, author, entrepreneur, passive real estate investor, and digital marketing architect with a passion for helping other real estate investors and entrepreneurs with their sales funnels.
In this episode, Jason shares his entrepreneurial journey, highlighting the importance of patience, planning, and perseverance.
He delves into lead capture, conversion, and effective CRM strategies, emphasizing the power of text messages in lead nurturing. Stay tuned!
Episode Topics
[01:25] Meet our guest, Jason Wright
[02:16 ] From Grass Cutting to Real Estate Success
[08:13] Navigating Entrepreneurship: Patience, Planning, and Perseverance
[15:53] Maximizing Lead Capture and Conversion: Lessons from Entrepreneurs
[21:23] The Power of Consistent Touchpoints: Email vs. Text in Lead Nurturing
[26:43] Mastering the Funnel: From Traffic to Conversions
[30:58] What is one red flag every investor should look out for?
[31:49] What is a myth about the real estate business?
[32:23] Connecting to Jason
Notable Quotes
- "I never forgot the taste of earning my own dollar and doing it my own way."- Jason Wright
- "Quick's not really part of the equation. Timelines are different but think about this. If you're a wine drinker, a bourbon drinker, or a cigar smoker, have you ever had a premium product that was aged for a week or two weeks? No, it takes time." - Jason Wright
- "So much about being successful in entrepreneurism is getting out of your comfort zone."-Tim Little
- "Your email list is just a piece of your overall strategy. You want to make those touch points and build that relationship just like you do in life." - Jason Wright
- "Think about it as a new relationship in your everyday life. There's going to be more conversation and more frequent conversation at the beginning."- Jason Wright
- "Text is amazing because, unlike an email, it covers up the screen on your phone. People's mentality is very different in text." -Tim Little
- "The best traffic I've ever found is referral traffic." - Jason Wright
Connect with Jason Wright
- LinkedIn: Jason Wright
- Website:intentionallyinspirational
- Podcast: reimarketingstories
- Email: mediaoutreach@gre
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Episode Summary
Today's guest is Neal Bawa, Neal is the CEO and Founder at UGro and Grocapitus, commercial real estate investment companies that use cutting-edge analytics to source and acquire OR build large commercial properties across the U.S. He has a current portfolio of over 4,800 units, with assets under management valued over $1 Billion.
In part 2 of this interview, he uncovers recovery strategies, dissects debt decisions, analyzes market shifts, and reveals AI's transformative role.
He also shares how to learn to adapt, thrive, and navigate this ever-evolving landscape. Get ready to take notes as one biggest brains in the industry analyzes multifamily’s most complex issues.
Stay tuned!
Episode Topics
[01:25] Meet our guest, Neal Bawa
[02:17 ] Real Estate Recovery Insights: 2026 and Beyond
[08:05] Navigating Real Estate's Catch-22: Fixed vs. Bridge Debt Dilemma
[011:04] Real Estate Market Shifting: A Closer Look at Cap Rates and Buyer-Seller Dynamics
[14:24] Multifamily Real Estate Market Insights: Regional Variations and Adaptation
[19:18] Syndicator Survival: Adapting to a Changing Real Estate Landscape
[22:52] The AI Revolution: How Artificial Intelligence is Transforming Real Estate and Beyond
Notable Quotes
- "2025 is a recovery year, but it's 2026 and possibly 2027 where you start to see some good trends in real estate." -Neal Bawa
- "We need to do fixed rate because people will look at us crazy if we try to do bridge debt now." -Tim Little
- "Bridge debt will make a lot of sense in the next nine months, even if it's a single quarter-point cut for bridge debt to become more reasonably priced."-Neal Bawa
- "Sellers are ready to accept the reality of their situation. The numbers are becoming more rational as the market adjusts”.-Tim Little
- "We were never overly optimistic in our underwriting, but now we need to adapt to the changing reality."-Tim Little
- "40% of syndicators will be out of business by 2025, as profits diminish and the reality of long-term commitment sets in."-Neal Bawa
- "The compensation timeline is extending, making it tough for those expecting quick returns in today's real estate climate."-Tim Little
- Neal Bawa: "AI is like a mix of the personal computer, smartphone, and the Internet on steroids, changing everything we know."-Neal Bawa
- "Understanding AI's practical applications can be overwhelming, but it will soon become seamlessly integrated into our daily lives."-Tim Little
Connect with Neal Bawa
- LinkedIn: Neal Bawa
- Website:Growcapitus ugronow
- Podcast: Multifamily University
- Email: neal@grocapitus.com
- Work Telephone: (415) 326-8878
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
This week's guest on the Journey to Multifamily Millions Podcast is none other than the mad scientist of multifamily himself, Neal Bawa! 🎙️
Neal is the Founder and CEO of UGro and Grocapitus, commercial real estate investment companies using cutting-edge analytics to source and acquire (or build) large commercial properties across the U.S.
He has a portfolio of over 4,800 units, with Assets Under Management valued at over $1 Billion!💰
This interview was so packed with knowledge bombs we had to break it into two parts! 🤯
In part 1 of this interview, he shares his real estate success story and reveals unconventional strategies and tax-saving gems in real estate. 📝
He also dives into data-driven decision-making and how he stays ahead with insights on shifting macro trends. Stay tuned!
Episode Topics
[01:35] Meet our guest, Neal Bawa
[02:14 ] Neal Bawa's Remarkable Real Estate Journey
[04:37] Unlocking Real Estate Tax Benefits
[07:49] Maximizing Real Estate Tax Benefits
[10:30] Navigating Real Estate Contrarianism
[15:28] Real Estate Speculation vs. Investment
[20:33] Navigating Real Estate Trends: Disinflation, Interest Rates, and Market Cycles
Notable Quotes
- "I got into real estate in reverse. Most people do a fix and flip or they do a standard single-family rental. I ended up building a 27,000-square-foot building from scratch, and it worked really well." - Neal Bawa
- "I went from paying 50% of my salary in taxes to paying very little. That turned me into someone who truly understands the incredible benefits of real estate." - Neal Bawa
- "At the end of the year, you'll notice that what you're actually going to see is none of that cash flow is being credited towards your taxes because we call it return of capital." - Neal Bawa
- "So it's just strange that when people take advantage of those incentives that were put there for a reason. It's, people act like it's a gray area when it very much is not from a legal perspective, right?" - Tim Little
- "I think a vast majority of the people that ignored 2008 are also ignoring the opportunity today in multifamily for the same exact reason." - Neal Bawa
- "Every investor I see out there today is a reverse big speculator. They are a scared speculator." - Neal Bawa
- "Today, anyone looking at inflation doesn't understand how market cycles work today. You need to look at disinflation or deflation." - Neal Bawa
Connect with Neal Bawa
- LinkedIn: Neal Bawa
- Website:ugronow Growcapitus
- Podcast: Multifamily University
- Email: neal@grocapitus.com
- Work Telephone: (415) 326-8878
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Jason Lee, He 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 also a very active multifamily investor and has acquired just over 120 units in San Diego County valued at over $50,000,000!
In this episode, Jason shares his inspiring journey from college confusion to thriving real estate broker. He shares valuable insights into the world of 1031 exchanges, emphasizing wealth-building strategies and timely property identification.
He also discusses how to excel in multifamily real estate while avoiding transaction surprises and cultivating a stellar reputation for successful investments. Stay tuned!
Episode Topics
[01:26] Meet our guest, Jason Lee
[01:56 ] From Sports Enthusiast to Real Estate Pro
[05:13] Surviving Rejection: The Broker's Path to Success
[11:11] The Power of 1031 Exchanges: Building Wealth in Real Estate
[17:41] 1031 Exchanges: Strategies, Timelines, and Pitfalls
[23:00] Mastering Multifamily: Building Reputation and Wealth in Real Estate
[27:38] San Diego Real Estate Insights: Local Advantage and Smart Investing
[32:58] What is one red flag every investor should look out for?
[34:13] What is a myth about the real estate business?
[35:16] Connecting to Jason
Notable Quotes
- "Success leaves clues, right? And so you were able to emulate that and hope that it pointed you in a direction." - Tim Little
- "The game is to save your commissions or save your money and buy real estate." - Jason Lee
- "I'm happy that I never started in a salary position because I've always had that, I got to find, I got to hunt, I got to kill something to make my next commission." - Jason Lee
- "People who don't know about 1031 exchanges really need to learn about it because it's how the wealthiest real estate investors have built their wealth." - Jason Lee
- "The timing is the biggest rebuttal we get when we work with first-time clients. Everyone's scared of the time." - Tim Little
- "The biggest risk in a 1031 exchange is running out of time and ending up buying a bad deal because you couldn't find a suitable property." - Jason Lee
- "Don't ask sellers or brokers to do things for you at the last minute. Don't have any surprises in the transaction." - Jason Lee
- "Multifamily operators talk, brokers talk, and word of mouth spreads fast. Treat people with respect and build a positive reputation." - Tim Little
Connect with Jason Lee
- LinkedIn: Jason Lee
- Website: jlmcre.com
- Podcast: Get Out Of The System
- Email: jasonjlee07
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Chris Salerno, He started out in the single-family real estate space by brokering and operating the number one team in the Carolinas before moving on to become the Founder and CEO of QC Capital, a premier commercial real estate investment company specializing in multifamily and car wash real estate ventures.
In this episode, Chris shares his journey from high school sandwiches to a multifamily empire, Challenges and tax strategies are highlighted.
He stresses effective communication, cold calling, and tax-saving insights for real estate investors. Mentorship, growth circles, and white-glove service are emphasized. Adaptation in current markets, car wash investments, and diversification complete the conversation. Don’t miss this episode!
Episode Topics
[01:24] Meet our guest, Chris Salerno
[02:04 ] From School Lunches to Multifamily Millions: Chris Salerno's Entrepreneurial Journey
[08:33] Mastering the Art of Speaking: From Cold Calls to Multifamily Wealth
[17:04] The Path to Multifamily Mastery of Chris Salerno: Unlocking Success through Mentorship
[25:07] Navigating Real Estate Opportunities Amid Market Uncertainty
[35:11] Driving Success: Unconventional Investment Avenues in Car Wash Ventures
[37:52] What is one red flag every investor should look out for?
[38:46] What is a myth about the real estate business?
[40:53] What success looks like for Chris Salerno
[40:50] Connecting to Chris
Notable Quotes
- "Learn how to speak and be presentable. It has helped me tremendously." -Chris Salerno
- "I perfected cold calling, which has helped me get into certain rooms that I wouldn't necessarily have been able to access." -Chris Salerno
- "It's really thinking outside the box when it comes to taxes and how you can best use them to your advantage." -Chris Salerno
- "Adapt and open up your mindset to explore new asset classes, diversify portfolios, and thrive even in challenging market environments." -Chris Salerno
- "Taxes are something that should be looked at throughout the year, not just when you have to file. It's about having a tax strategy to maximize benefits." -Tim Little
- "Find a CPA who understands the type of investments you're in. Specialists are crucial because they know how to unlock the benefits unique to those assets."-Tim Little
- "Deals will still get done, and money will still be made. Adapt and be disciplined in your underwriting." -Tim Little
Connect with Chris Salerno
- LinkedIn: Chris Salerno
- Website: qccapitalgroup.com
- Email: Chris@qccapitalgroup.com
- Telephone: 704-557-6070
- Podcast
- Youtube
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
Today's guest is Scott Kidd, he is the Investor Relations head at Yachtie Real Estate, aiding professionals in achieving the yachtie lifestyle through passive multifamily real estate investments. With 25+ years in maritime roles, including management and project oversight, Scott shifted from single-family to multifamily real estate 4 years ago, taking on roles as both limited and general partner.
In this episode, Scott Kidd talks about his transition from managing single-family homes to 142-unit buildings emphasizing teamwork, growth and learning curves.
Learn how his meetups developed into partnerships, networking opportunities, and helpful advice. Discover the difficulties faced by high net worth investors and the significance of developing trust and how to create individualized investor interactions and enhance real estate relationships.
Episode Topics
[01:11] Meet our guest, Scott Kidd
[02:14 ] From Single-Family to 142-Unit Success: Scott Kidd's Multifamily Odyssey
[05:14] Increasing Scale, Risk Mitigation, and Team Synergy to Unlock Multifamily Success
[10:03] Building Thriving Real Estate Communities: Scott Kidd's Networking Journey and Joint Ventures
[16:31] Understanding High Net Worth Investment Dynamics: Rich People and Real Estate Reality
[20:19] Tips for Navigating Wealthy Partnerships in Real Estate and Adding Value
[23:43] What is one red flag every investor should look out for?
[24:50] What is a myth about the real estate business?
[25:31] What success looks like for Scott Kidd
[26:25] Connecting to Scott
Notable Quotes
- "Real estate success is built one step at a time, anyone can achieve it." - Scott Kidd
- "Transitioning from single-family to multifamily is a rewarding team endeavor." - Scott Kidd
- "Creating a successful multifamily deal requires collective effort, aligned goals, and efficient teamwork." - Scott Kidd
- "Connecting people and building honest, sales-free communities empowers aspiring real estate investors." - Scott Kidd
- "Joint ventures offer stepping stones into multifamily, fostering partnerships that scale real estate success." - Scott Kidd
- "Building trust for real estate investments among high net worth individuals demands a strategic approach." - Scott Kidd
- "Scaling up in multifamily mitigates risks and offers economies of scale compared to single-family properties." - Tim Little
- "Synergy between partners is crucial in multifamily deals, unlike the more independent nature of single-family investing." - Tim Little
- "Networking with like-minded individuals at events often leads to valuable partnerships and investment opportunities." - Tim Little
Connect with Scott Kidd
- LinkedIn: Scott Kidd
- Website: investwithscottkidd.com
- Email: scott@yachtierei.com
- Telephone: +1 (954) 695-7124
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review 🌟
Today's guest is Shannon Robnett, He is the Founder and CEO of SRI (Shannon Robnett Industries) and has been involved from start to finish on over $425MM in construction projects.
Along with his team at SRI, Shannon is dedicated to sharing his expertise and delivering top quality projects that bring in numerous passive income streams to his syndicate partners.
In this episode, Shannon reveals a 27-year journey of measured risks and innovation and how that experience provides perspective when the market shifts.
You’ll hear how he transitioned from being a developer-for-hire to striking out on his own after seeing tax-advantaged rewards investors were getting.
He gives insight into the challenges and advantages of being vertically integrated with construction, investment, and property management companies under the SRI umbrella.
Episode Topics
[01:34] Meet our guest, Shannon Robnett
[02:06 ] Maximizing Wealth Through Strategic Real Estate Development
[08:11] Unlocking Success: From Construction Expert to Real Estate Visionary
[19:08] Maximizing Multifamily Investments: Insights from 20 Years of Expertise
[32:44] Unlocking Investment Success: Smart Strategies for Maximizing Returns in Multifamily Real Estate
[39:16] What is one red flag every investor should look out for?
[40:24] What is a myth about the real estate business?
[40:44] What success looks like for Shannon Robnett
[41:44] Connecting to Shannon
Notable Quotes
- "Cashflow's essence in deals, from day one: It's not just development, it's smart investing." - Shannon Robnett
- "Creating original value: We turn sticks and stones into thriving cashflow assets." - Shannon Robnett
- "Risk shifts in development: Rigorous processes vet experience, yielding safer, more"Underpromise and overdeliver—key to building lasting investor relationships." - Shannon Robnett
- "Investors thrive when the right strategy aligns with their financial goals." - Shannon Robnett
- "Value-add investments should align with investors' goals, whether it's cash flow or equity growth." - Tim Little
- "Effective communication upfront prevents frustration down the line in real estate investments." - Tim Little
- "Understanding the dynamics of IRR and timeline is key to optimizing investment returns." - Tim Little
- "Constantly evolving, learning, and integrating insights lead to successful real estate ventures." - Tim Little
Connect with Shannon Robnett
- LinkedIn: Shannon Robnett
- Website: ShannonRobnett.com
- Email: shannonrobnett@gmail.com
- Podcast: shannonrobnett.com/podcast
- Ebook: Free Real Estate Ebook!
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review 🌟
Today's guest is Justin Mosely, he is the Owner and Co-founder of Leicestermore (Lestermore) Capital, a real estate invest firm that help veterans, business owners, and sophisticated investors generate returns through the acquisition and management of Short Term Rental properties and other unique real estate opportunities.
In this episode, Navy veteran Justin Mosely discusses his journey from the military to real estate success. He explores real estate's cyclical nature, aligning personality with careers, and optimizing short-term rentals.
Justin delves into the vibrant Tampa market, passive investment, syndication, institutional funds, and self-directed IRAs for veterans. Stay tuned!
Episode Topics
[01:20] Meet our guest, Justin Mosely
[01:59 ] From Navy Adventures to Real Estate Riches: A Journey of Cashflow Freedom
[10:35] Crafting Success Through Strategic Systems
[17:54] Strategies for Profitable Short-Term Rental Success: Systems, Markets, and Opportunities
[24:03] Veteran's Guide to Real Estate Wealth: Tampa's Market, Military Bases, and Community
[29:29] Unlocking Real Estate Wealth: Passive Investments, Military Bases, and Retirement Accounts
[31:44] What is one red flag every investor should look out for?
[33:37] What is a myth about the real estate business?
[34:32] What success looks like for Justin Mosely
[35:13] Connecting to Justin
Notable Quotes
- "I learned more from experiencing other cultures than any formal education." - Justin Mosely
- "I wanted to shift to being my own boss and discovering real estate." - Tim Little
- "Real estate isn't a get-rich-quick scheme, but a guaranteed path to wealth over time." - Justin Mosely
- "Systems in real estate are like military SOPs - vital for success and efficiency." - Tim Little
- "Effective systems in real estate are like the heartbeats of successful operations." - Justin Mosely
- "Choosing the right market is about aligning your strategy with the local demand." - Tim Little
- "Tampa has phenomenal metrics, so much tourism, and military bases downtown." - Justin Mosely
- "Creating a community where veterans learn and support each other in real estate." - Justin Mosely
- "Put your money to work in a self-directed IRA for meaningful growth." - Justin Mosely
Connect with Justin Mosely
- LinkedIn: Justin Mosely
- Website: Leicestermorecapital.com
- Email: jcm@leicestermorecapital.com
- Telephone: 561-837-1972
- Instagram: @justincmosley_lcm
- Ebook: Anchored to Success - Navigating the Sea of Short-Term Investments as a Navy Veteran
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review 🌟
Today's guest is Heather Dreves, She is the Director of Funding at Secured Investment Corp, manages funds in the fast-growing US private money market. She aids self-employed entrepreneurs, families, and investors seeking high-yield, residential real estate-backed, passive investments.
In this episode, Heather embarks on an incredible journey from teaching to real estate success with private money. She traces the transition from conventional private lending to modern diversified funds.
She also highlights due diligence and risk management in lending, revealing the advantages of various real estate funds - transparency, flexibility, and self-directed IRAs. Keep an eye out!
👉 Episode Topics
[01:34] Meet our guest, Heather Dreves
[02:28 ] From Teacher to Real Estate Maven: Unveiling the Power of Private Money
[09:49] Unlocking Real Estate Opportunities: Private Money vs. Hard Money Demystified
[17:17] Fundamentals of Real Estate Funds: Diversification and Investment Strategies
[25:49] Diverse Investment Pathways: Breaking Barriers and Broadening Opportunities
[34:22] Unlocking Wealth: Harnessing Self-Directed IRAs for Powerful Real Estate Investments
[40:42] What is one red flag every investor should look out for?
[41:32] What is a myth about the real estate business?
[41:55] What success looks like for Heather Dreves
[43:13] Connecting to Heather
👉 Notable Quotes
- "If you have a good enough deal, there are people out there that are passively investing looking to deploy their capital, and you're not putting through the ringer with a bank."-Heather Dreves
- "Exposure can make all the difference just to know what's within the realm of the possible... so many of these things, we don't know they're a thing until we do." -Tim Little
- "We call it private money because it's private individuals putting money in a fund, and it's private individuals borrowing money from us." -Heather Dreves
- "Having lent money through my solo 401k, they couldn't get reimbursed from insurance; it just turned into a thing." -Tim Little
- "The passion for us is to service our clients and offer opportunities. Just because you're not accredited, you can still start to invest."- Heather Dreves
- "The sticking point is that you usually need a lot of capital to get involved. There are restrictions that I'm held to. I would like to open it to so many more people."-Tim Little
👉 Connect with Heather Dreves
- LinkedIn: Heather Dreves
- Website: SecuredInvestmentCorp
- Email: HDreves@SecuredInvestmentCorp.com
- Telephone: +1 (208) 451-7836
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review 🌟
Today's guest is Michael Roeder,Heis the co-founder of Granite Towers Equity Group, a real estate private equity firm. Michael and his business partner Dan focus on acquiring and managing multifamily projects across the nation. He is also the co-host of The Keeping It Real Estate Show podcast and co-author of the book 4 Steps to Successful Passive Investing.
In this episode, Michael shares about his amazing journey from undergraduate house hacking to a thriving commercial multifamily portfolio. He also discusses the power of multifamily investments with lower risk, scalability, and tax benefits.
He also explores the realm of in-house property management and knowing when is the right time to think about vertical integration by creating your own property management company. Stay tuned!
Episode Topics
[02:21] Meet our guest, Michael Roeder
[06:24 ] From Single Family Dreams to Multifamily Success: Scaling Beyond 100
[08:11] Unlocking Multifamily Success: From Single Homes to Scalable Portfolios
[16:02] Navigating Multifamily Mastery and Exploring Triple Net Lease Advantages Freedom
[24:18] Mastering Multifamily Asset Management for Success
[32:42] Strategic Scaling: From Small Beginnings to a Multifamily Empire
[38:05] What is one red flag every investor should look out for?
[39:05] What is a myth about the real estate business?
[40:40] What success looks like for Michael Roeder
[41:21] Connecting to Michael.
Notable Quotes
- "We fell in love with real estate while hacking a four-bedroom house during college." -Michael Roeder
- "House hacking is a powerful entry point for young investors, setting up a future in real estate." -Michael Roeder
- "Multifamily provides non-recourse debt, reducing personal liability and higher resilience against risks compared to single-family investments." -Michael Roeder
- "Scaling from single homes to multifamily unlocks economies of scale, lowers property management costs, and leverages forced appreciation." -Tim Little
- "Forced appreciation through income increases drives multifamily value; even small changes can result in significant property valuation boosts." -Michael Roeder
- "Effective asset management involves building a high-performing team, monitoring property performance, and ensuring synergy at every level." -Michael Roeder
- "Hiring an A player for your property management team can significantly impact income, minimize issues, and improve overall property synergy." -Tim Little
Connect with Michael Roeder
- LinkedIn: Michael Roeder
- Website: Granite Towers Equity Group
- Podcast: The Keeping It Real Estate Show podcast
- E-Book: 4 Steps to Successful Passive Investing
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review 🌟
Today's guest Charlie Hardage, He is theManaging Principal of H&K Investment Group, a real estate investment firm that believes financial freedom should be attainable for everyone.
Charlie is an Army vet with multiple combat tours like myself and worked in the corporate world for over 12 years in IT Sales with household names like Google, Dell, and AWS.
In this episode, Charlie Hardage shares the technique of disciplined risk-taking and frugal living, which can lead to financial independence through savvy real estate investments.
Discover the value of delayed gratification, how to go from an inexperienced landlord to confident investor, and how to unlock multifamily GP opportunities. Listen in for expert insights and priceless experiences that will lead the way to amazing growth and freedom.
👉 Episode Topics
[02:09] Meet our guest, Charlie Hardage
[04:26 ] From Military to Multifamily: Unleashing Financial Freedom Through Real Estate
[07:46] Calculated Risks and Thrifty Habits: How a Military Veteran Found Real Estate Success
[12:12] Invest First, Enjoy Later: How Real Estate Can Secure Your Time and Financial Freedom
[25:36] From Accidental Landlord to Active Investor: How Multifamily Syndications Changed the Game
[35:56] Becoming a General Partner: The Value of Experience and Expertise in Multifamily Syndications
[45:29] What is one red flag every investor looks out for?
[44:33] What success looks like for Charlie Hardage
[48:20] Connecting to Charlie
👉 Notable Quotes
- "Rich Dad taught me assets, not liabilities. That changed everything."- Charlie Hardage
- "I broke away from society's path to find true financial independence." - Charlie Hardage
- "Living below your means unlocks the door to financial freedom and real estate investments." -Tim Little
- "Investing first creates lasting freedom to enjoy life on your terms." -Tim Little
- "Passive investing gave me the freedom to pursue my true passions." -Charlie Hardage
- "Vetting sponsors and deals upfront is essential for confident passive investing." -Tim Little
- "Even as a less experienced GP, I added value through expertise and knowledge." -Charlie Hardage
👉 Connect with Charlie Hardage
- LinkedIn: Charlie Hardage
- Website: hkigllc.com
- Podcast: Passive Investor's Playbook
- Resources: Rich Dad Poor Dad
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review 🌟
Today's guest Cameron Christiansen and Antony Faso. Anthony is a proud Army vet and self-described “recovering” CPA, Cameron was a small business owner who was frustrated with investment solutions proposed by traditional financial advisors.
In this episode, Cameron Christiansen and Antony Faso, the founders of Infinite Wealth Consultants shared the secrets to financial freedom through the Infinite Banking System. Learn how to leverage whole life insurance plans for larger profits, tax advantages, and liquidity.
Discover the game-changing method for building a financial fortress through real estate investing.
Episode Topics
- [02:30] Meet our guest, Cameron Christiansen
- [03:45 ] Cameron's Infinite Wealth Journey: Unconventional Money Strategies!
- [06:30] Meet our guest, Antony Faso
- [10:58] Unlocking Infinite Wealth: Tax Secrets & Real Estate Success!
- [14:45] Maximize Wealth: Understanding the Power of Infinite Banking!
- [26:30] Infinite Banking Unleashed: The Real Estate Investor's Game-Changer
- [33:55] Power of Connections: Why Aspiring Investors Should Prioritize Networking
- [44:01] What is one red flag every investor looks out for?
- [49:10] Connecting to Cameron Christiansen and Antony Faso
Notable Quotes
- "Cut out the middleman - create your financial fortress with Infinite Banking!"-Antony Faso
- "Infinite Banking: Earn more by borrowing - Your financial fortress awaits!" -Cameron Christiansen
- "Real estate + Infinite Banking: A wealth-building powerhouse duo!"- Antony Faso
- "Infinite banking is a cash management tool, not just an investment."-Cameron Christiansen
- "Customizing plans for individuals is crucial, considering age, income, and contributions. Balancing cash growth while maintaining manageable contributions is key."- Tim Little
Connect with Antony Faso and Cameron Christiansen:
- LinkedIn: Antony Faso
- LinkedIn: Cameron Christiansen
- Website: InfiniteWealthConsultants
- Podcast: The Infinite Wealth Podcast
- Website Resources
- Book: Becoming Your Own Banke Rich Dad Poor Dad
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review 🌟
Today's guest is Kevin Gardner. He is the Founder and President of Multifamily Utility Solutions, a firm that helps multifamily property owners increase revenues and reduce expenses by negotiating agreements with utility providers.
He is also the author of “Change Your Thinking, Ignite Your Life.” A book intended to help people learn about the power of positive self-talk and how to incorporate it into their lives.
In this episode, Kevin recounts his path to establishing Multifamily Utility Solutions. He began his career working for cable television firms, negotiating contracts with multifamily property owners on their behalf.
He describes how his organization assists property owners in negotiating arrangements with utility providers in order to enhance revenue and decrease expenses. In addition, he highlights the importance of door-to-door sales experience in mastering the sales process and dealing with rejection.
👉 Episode Topics
- [00:34] Meet our guest, Kevin Gardner
- [04:36] Door-to-door sales experience
- [09:54] Cable contracts for multifamily properties
- [16:39] Exclusive marketing agreements
- [19:02] Non-exclusive marketing agreements
- [24:11] Property size for revenue increase
- [26:15] Bulk contracts and savings
- [32:00] Cable and internet contracts
- [35:12] What is one red flag every investor looks out for?
- [36:11] What success looks like for Kevin
- [38:06] Connecting to Kevin Gardner
👉 Notable Quotes
- "A lot of times people don't think to look in the due diligence for a cable or an internet contract." -Kevin Gardner
- "Never stop learning, never stop growing."-Kevin Gardner
- "Sometimes, a single decision can shape the destiny of a company. I chose excitement over comfort. Today, that choice has led me to build a successful company from the ground up."-Kevin Gardner
- "Breaking out of my shell and connecting with people on a deeper level taught me the art of effective communication. It's the key to success, even if it means stepping out of your natural tendencies."-Tim Little
- "I've heard a lot of people talk about how that hard selling, that door-to-door, face-to-face selling is one of the most important skills that an individual can learn" - Tim Little
👉 Connect with Kevin Gardner:
- LinkedIn: Kevin Gardner
- Email: kevin@multifamilyutilitysolutions.com
- Website: MultifamilyUtilitySolutions
- Telephone: (248) 930-4768
- Book: Change Your Thinking, Ignite Your Life
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review 🌟
Today's guest is Alex Cartwright. He is a Managing Partner at Vilicus Capital where he is responsible for managing the firms' strategy, market analysis, and underwriting. He has completed dozens of multifamily real estate transactions and has overseen dozens of complex rehab projects.
Alex is also Associate Professor of Economics & Chair of the Management Department at Ferris State University where he teaches classes on Managerial Economics, Economic Growth, and International Business.
In this episode, Alex explains how anyone can get started with a solid financial foundation through house hacking. His passion for providing affordable housing led him to discover his unique niche within multifamily real estate, hotel to multifamily conversions. He then gives a hotel conversion masterclass, exploring all its benefits and pitfalls.
Help us reach a wider audience by leaving a five-star review, and learn how investing in affordable housing can transform lives and generate wealth.
Don't miss this captivating episode filled with actionable insights!
👉 Episode Topics
- [00:34] Meet our guest, Alex Cartwright
- [03:29] Buying and renting out property
- [08:30] Hotel conversions for workforce housing
- [11:10] Active management in real estate
- [13:22] Affordable housing challenges
- [18:32] Rental market and housing demand
- [20:22] Buying a small multifamily
- [24:20] House hacking and opportunity costs
- [30:44] Paying someone to end their lease early
- [38:07] Hotel conversion and profitability
- [44:51] Hotel conversions with office conversions
- [50:59] Creating affordable housing
- [55:29] Hotel conversion masterclass
👉 Notable Quotes
- "You ought to be asking yourself the question, if I'm buying a house, why am I not buying a small multifamily?" -Alex Cartwright
- "By buying a duplex or a fourplex and living in one unit and racking out all the others to pay for the mortgage, you're effectively raising your income by a third."-Alex Cartwright
- "You’ve got more millionaire renters than ever before. More people are earning over 200,000 renting than ever before in the history of the United States."-Alex Cartwright
- "There was some definitely hot actionable tips in there, so hopefully people are paying attention to that when they're considering house hacking."- Tim Little
- "Choosing the right location and leveraging FHA or VA loans can provide financial advantages from the start." - Tim Little
👉 Connect with Alex Cartwright:
- LinkedIn: Alex Cartwright
- Email: acartwright1@gmail.com
- Website: vilicus.capital
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review 🌟
In this episode, we are breaking down CRE- Commercial Real Estate. What it is and what it is NOT.
I discuss the changing office space market amidst remote work and shifting demands. I dive into the pros and cons of investing in retail properties during evolving consumer habits and economic uncertainties. Uncover the advantages and challenges of warehouse investments amidst e-commerce and trade policy fluctuations.
Explore the benefits of multifamily investments, including housing demand, recession resilience, and passive income opportunities. Understand the dynamics of hospitality investing and the careful assessment needed for success.
Assess the rewards and challenges of investing in assisted living facilities, and the potential of self storage facilities and mobile home parks as profitable investments.
👉 Episode Topics[00:41] Meet your host: Tim Little
[00: 50] What is ( CRE ) Commercial Real Estate?
[02:30] Embracing Change: The Future of Office Space in a Remote Work Era Investing!
[ 07:45] Retail Properties: The Pros and Cons in a Changing Market
[11:05] Industrial Sector: Navigating the Pros and Cons of Warehouses
[14:09] Multifamily Investing: Tapping into the Resilience and Passive Income Potential
[18:56] Hospitality Investing: Navigating Cyclical Challenges and Management Intensity
[21:40] Assisted Living Facilities: Balancing Potential Rewards with Regulatory Oversight
[23:20] Self Storage Facilities: Simple and Resilient Investments
[29:30] Mobile Home Parks: Affordable and Stable Investments
👉 Notable Quotes
- "The shift to remote work is definitely bringing future demand into question."-Tim Little
- "Office owners can see this as a great opportunity for cost savings."-Tim Little
- "Retail real estate can be sensitive to economic fluctuations and e-commerce trends."-Tim Little
- "Industrial properties require less maintenance and offer potential resale opportunities in specific markets."-Tim Little
- "Multifamily investments offer recession-resistant qualities compared to other asset types."-Tim Little
- "Hospitality properties can generate high revenue per square foot and offer income potential from onsite amenities."-Tim Little
- "The demand for self storage facilities continues to grow exponentially, driven by the need for additional space to store belongings."-Tim Little
- "The simplicity of self storage units leads to lower default rates and easier management compared to other rental properties."-Tim Little
- "Mobile home parks can have a lower cost of entry and are often considered recession-resistant investments."-Tim Little
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review 🌟
Today's guest is Marcus Arredondo, He is an experienced investor, entrepreneur, multifamily syndicator and corporate tenant representative. As the founder and managing partner of Edge West Capital, a private real estate investment firm, he has acquired and managed over 2,000 doors spanning a total of 6 states, including Alabama, Florida, Georgia, Louisiana, North Carolina, and Texas
In this episode, Marcus uncovers the secrets of strategy, negotiation, and deciphering company DNA. From unexpected costs to scaling up, we'll navigate the challenges faced and lessons learned. You will find out how credit cards and strategic thinking led to overcoming obstacles and generating cash flow while earning investor trust.
Don't miss the importance of taking action, building investor trust, and being a responsible steward of funds. Tune in now!
👉 Episode Topics
[00:51] Meet our guest, Marcus Arredondo
[01: 39] Unveiling the Secrets of Real Estate: From Philosophy to Financial Freedom
[09:37] From Pool Parties to Profit: Navigating Challenges and Scaling in Real Estate Investing!
[ 15:45] Unlocking the Future of Offices: Shifting Dynamics and Changing Amenities
[23:15] Navigating the Ever-Changing Real Estate Landscape: Lessons from Multifamily to Alternative Assets
[32:03] Taking Action and Building Trust: The Investor's Perspective in Real Estate
[37:59] What is one red flag every investor looks out for?
[38:29] What is a myth about the real estate business?
[38:54] What success looks like for Marcus
[40:54] Connecting to Marcus Arredondo
👉 Notable Quotes
- "Transitioning from philosophy to real estate taught me the power of expanding my perspectives and seizing opportunities."-Marcus Arredondo
- "Multifamily remains resilient, but buying strategies have evolved over time." -Marcus Arredondo
- "There's no better time to invest than yesterday, but taking action today yields future benefits." -Marcus Arredondo
- "Being a steward of investors' funds and aligning motivations for mutual success is crucial." -Marcus Arredondo
- "Embracing change and shifting perspectives can lead to resilience and valuable lessons for success." -Tim Little
- "Taking action and embracing different paths can lead to real estate investment success and growth." -Tim Little
- "Long-term commitment, alignment of interests, and transparent communication are crucial for successful passive real estate investing."-Tim Little
👉 Connect with Marcus Arredondo:
- LinkedIn: Marcus Arredondo
- Email: marcus@edgewestcap.com
- Website:www.edgewestcap.com
- Mobile: 310-213-9698
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review 🌟
Today's guest is Calvin Roberts, He is a nationally licensed Commercial Insurance Broker and principal of Falcon Insurance Agency of Michigan, a boutique Insurance Brokerage specializing in Multifamily Commercial Real Estate. Calvin has been active in the field since he was 19 years old and brings a wealth of knowledge, expertise, and determination to the table, serving real estate investors throughout the United States.
In this episode, Calvin shares the game-changing benefits an insurance broker who thinks holistically can bring to a deal. Unlock access to preferred insurance providers, significant cost savings, and lucrative revenue streams through renter's insurance and tenant liability coverage.
Don't miss out on the potential insurance savings and enhanced risk management strategies.
👉 Episode Topics
[01:31] Meet our guest, Calvin Roberts
[02: 10] From Insurance Agent to Independent: Unlocking the Secrets of Success!
[06:00] From Zero to Hero: How One Insurance Broker Dominates the Multifamily Market!
[ 12:00] Revolutionizing Risk Management: How One Insurance Maverick Transforms Multifamily Investments!
[22:40] How Sprinklers Became the Solution to a Property Insurance Problem
[30:50] Tenant Risk Transfer: Boosting Revenue and Protecting Your Property with Renter's Insurance
[38:03] The Insurance Advantage of Sprinkler Retrofits in Multifamily Apartments
[41:10] What is one red flag every investor looks out for?
[45:31] What is a myth about the real estate business?
[48:24] What success looks like for Calvin
[50:30] Connecting to Calvin Roberts
👉 Notable Quotes
- "Like a gunslinger, I make things happen for my clients!" -Calvin Roberts
- "We give the attention and detail that underserved multifamily investors deserve."-Calvin Roberts
- "We offer turnkey solutions and a holistic risk management approach that goes beyond the conventional advice."-Calvin Roberts
- "Requiring renter's insurance and exploring tenant legal liability coverage can mitigate high-frequency tenant negligence losses." -Calvin Roberts
- "You never really own those contacts until you bring them onto your list." -Tim Little
- "Starting from one thing, building up, then getting right back up and starting anew." -Tim Little
- "You're not just giving a solution, you're basically building it out for them by bringing all those relevant players to bear on finding the solution."-Tim Little
- "Property insurance market faces challenges with rising costs, natural disasters, and high litigation, impacting profitability and rates."-Tim Little
👉 Connect with Calvin Roberts:
- LinkedIn: Calvin Roberts
- Email: calvin@falconinsagency.com
- Website:falconinsagency
- Telephone (734) 887-9110
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review 🌟
Today's guest is Brent Kesler, He was a Chiropractor and Chiropractic coach for over 14 years. After implementing The Money Multiplier (TMM) Method, he paid off nearly a million dollars in debt in 39 months! In fact, Brent became so passionate about how powerful this concept was, he began sharing it with others. Now his main goal is to help more people understand how to manage and grow their wealth.
In this episode, Brent shares how to unlock the secrets of infinite banking and transform your financial health. Join us as a former chiropractor shares his journey to eliminating debt and leveraging the Money Multiplier Method for real estate success.
Learn how high-cash-value life insurance policies can help you pay off debt, invest, and create wealth. Don't miss this game-changing episode!"
👉 Episode Topics
[01:20] Meet our guest, Brent Kesler
[02: 10] Unlock Your Financial Health: From Chiropractic to Infinite Banking Concept
[05:20] From Debt to Financial Freedom: How Infinite Banking Transformed My Life
[ 13:13] Unlocking Family Wealth: Transforming Lives through Money Talk
[17:29] The Wealth Secrets: The Shocking Power of Infinite Banking
[30:35] The Power of Life Insurance: Maximize Your Wealth with Smart Strategies![43:53] Break Free from Financial Slavery: Your Key to Wealth Freedom!.
[56:27] What is one red flag every investor looks out for?
[57:46] What is a myth about the real estate business?
[01:01:55] What success looks like for Brent
[01:07:02] Connecting to Brent Kesler
👉 Notable Quotes
- "'Becoming Your Own Banker' book changed my financial life!" -Brent Kesler
- "Pay off $984,711 debt in just 39 months with one simple step!" -Brent Kesler
- “Infinite banking concept: This secret financial strategy used by the Rockefellers and Walt Disney."-Brent Kesler
- "Break the bonds of financial slavery, regardless of your income.." -Brent Kesler
- "Key advantage: Borrow against cash value, still receive dividends based on original amount." -Tim Little
- "Implementation matters. Learning alone lacks value. Let's dive into infinite banking with an example."-Tim Little
- "Advantageous for high-net-worth or young investors, challenging for middle-income earners." -Tim Little
👉 Connect with Brent Kesler:
- LinkedIn: Brent Kesler
- Email: brent@themoneymultiplier.com
- Website: www.themoneymultiplier.com
- Website: themoneymultiplier
- Facebook: @themoneymultiplier
- Instagram: @the.money.multiplier
- Youtube: themoneymultiplier
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review 🌟
Today's guest is Ed Mathews, He is a seasoned real estate investor and the founder of Clark St. Capital. With over a decade of experience in the industry, Ed has built an impressive portfolio of multifamily rental properties in Connecticut and Southeast US. Over the years, Ed worked tirelessly to grow his business, juggling his corporate job and real estate investing. Finally, in 2018 he left his corporate job and devoted himself to his passion for real estate.
In this episode, Ed shares his incredible journey from a corporate job to real estate freedom, tackling fears, coaching investors, and having hilarious encounters.
Gain insights into collaboration, trusted teams, tenant relationships, rehab strategies, and strategic financing for long-term success in multifamily real estate investments.
Episode Topics
- [01:16] Meet our guest, Ed Mathews
- [02: 36] From Corporate Geek to Real Estate Maverick: My Journey to Freedom
- [08: 54] Conquering Fear: How I Overcame Excuses and Built a Real Estate Empire
- [ 13:21] Sharing Knowledge for Success: Real Estate Insights from a Competitive Yet Supportive Investor
- [16:16] The Power of a Trustworthy Team: Secrets to Multifamily Real Estate Success
- [21:15] Mastering Tenant Relationships: Building Trust and Long-Term Investments in Multifamily Real Estate
- [33:12] Unlocking Profit Potential: Seller Financing and Maximizing Returns in Multifamily Real Estate
- [36:46] What is one red flag every investor looks out for?
- [39:12] What success looks like for Ed
- [40:14] Connecting to Ed Mathews
Notable Quotes
- "I quit my corporate job to jump headfirst into real estate, and I haven't looked back." - Ed Mathews
- "I worked 80 hours a week, had a real estate business on the side, and got eight hours of sleep every night." -Ed Mathews
- "I fundamentally believe in abundance—it's a gigantic pie, and there's plenty for everybody to win." -Ed Mathews
- "Teamwork is the key to my real estate success. Trusting my crew is non-negotiable."-Ed Mathews
- "Our relationship with tenants is simple: clean, safe homes where they can be proud to live." -Ed Mathews
- "You'll never run out of reasons not to do a deal if you let fear dictate your decisions."-Tim Little
- "With smaller multifamily properties, you can have a bigger piece of the pie and explore options like 10-31 exchanges." -Tim Little
Connect with Ed Mathews:
- LinkedIn: Ed Mathews
- Website: www.clarkst.com
- Email: ed@clarkst.com
- Instagram: @ed.mathews4
- Facebook:@ed.mathews4
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review 🌟
I am the founder and CEO of ZANA Investments, a Tampa-based real estate syndication firm named after my daughters, Zara and Lana. I help military veterans and other busy professionals keep their time and get competitive returns by providing opportunities to invest passively in apartment buildings. I started with a duplex in 2014 and have grown to a portfolio of over 500 co-owned units valued at over $60 million. Despite graduating with over $130k in school loan debt, I started investing in real estate in 2014.
In this episode, I share about my (hopefully) inspiring journey from active Army officer to real estate investor and my path to debt freedom and success. From buying an affordable duplex to exploring syndication and becoming a general partner, I revealed the power of strategic investing.
You will learn how I navigated challenges, seized opportunities, and achieved impressive returns in the multifamily market. This podcast will inspire and educate you on your own journey to financial prosperity.
👉 Episode Topics
[02: 00] From Army Officer to Debt-Free Investor: How I Conquered $130K in School Debt
[04: 00] Breaking Debt Chains: How Living Below Means & Real Estate Investment Freed Me
[ 06:00] Rising from Challenges: How I Overcame Setbacks and Scaled with Syndication
[08:20] From Skepticism to Success: My Journey into Multifamily Syndications
[10:10] Seizing Opportunities: Turning Location and Expertise into Multifamily Success
[12:00] From Novice to Multifamily Powerhouse: A Journey of Growth and Success
👉 Notable Quotes
- "Consolidating loans, slashing interest rates—I paved my way to financial freedom." -Tim Little
- "Cutting back on luxuries fueled my debt payoff." -Tim Little
- "You have to take that leap of faith. you don't do it without doing your due diligence first, but at a certain point you have to take action.." -Tim Little
- "Long-term value vision, calculated numbers, steady cash flow triumphed." -Tim Little
- "Immersed in research, podcasts, books, and conferences. Finally, I took the plunge with passive apartment investment." -Tim Little
- "I discovered syndication here was a way I could get in on bigger properties, make more money, and help other people make more money too. -Tim Little
- "Diversify beyond stocks, into tangible assets. Partnered on 457 units, $60M value." -Tim Little
- “Through this podcast, I also have the privilege of talking to some of the smartest people in the business.” -Tim Little
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review 🌟
Today's episode is Rebecca Moore, a Co-Founder of Starboard Equity. She has been a real estate investor since 2014 and has built relationships with brokers and investors to help her win and fund deals in Texas while living in California, all while managing a full-time psychology practice!
She has been a General Partner on eight properties totaling over 900 units and is a Limited Partner on over 2900 units.
In this episode, Rebecca shares her shift to multifamily properties, real estate syndication, and mentorship. Learn about the advantages, freedom, and profitability while avoiding mistakes and forming a strong network of allies.
Gain knowledge about real estate factors and passive investing choices by learning from her experience.
👉Episode Topics:
[02:18] Meet our guest, Rebecca Moore
[02: 18] From Single Homes to Multifamily: How We Built a Real Estate Empire
[08: 11] Unlocking Real Estate Freedom: The Power of Multifamily Syndication
[ 10:24] Avoid Mistakes, Find Success: The Power of Mentorship in Multifamily Investing
[20:02] From Psychologist to Freedom: How Multifamily Real Estate Transformed her Career
[24:11] Uncovering Multifamily Investment Options: C Class vs. B Class
[26:20] What is one red flag every investor looks out for?
[29:35] What success looks like for Rebecca
[31:08] Connecting to Rebecca
👉Notable Quotes
- "Syndication means that basically all sorts of people put their money together and create the down payment for a larger building."-Rebecca Moore
- "Don't make costly mistakes! Invest in mentorship and see clearly."-Rebecca Moore
- "Escape the boss and set your own hours with multifamily success!"-Rebecca Moore
- “Verify beyond the pretty slide deck: Take time to research before investing your money.”- Tim Little
- "Partnering and experience is a game-changer in navigating HUD loans and multifamily deals." -Tim Little
- "Transforming communities and making a big difference in multifamily investments, from playgrounds to quality of life."-Tim Little
- "Smart investing means choosing growing markets with a constant flow of renters." -Tim Little
👉Connect with Rebecca Moore:
- LinkedIn: Rebecca Moore
- Website: starboardequity
- Email: Rebecca@StarboardEquity.com
- Facebook: @RebeccaMBuller
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review 🌟
Todays episode is Mark Updegraff , the CEO and Founder of Updegraff Group Realty, Updegraff Management, Updegraff Services Inc., and Raze Capital. He is an active investor, broker, and operator. As a broker and investor, Mark has been involved in over $200 million in real estate transactions.
In this episode, Mark shares his journey from traditional career advice to financial freedom through multifamily investing. Discover valuable insights on commercial and residential foreclosures, syndication, and the importance of networking and education.
Learn how Mark built a successful property management company and overcame industry challenges. Don't miss the discussion on how aligning with owners can improve tenant retention and lower costs.
👉Episode Topics
- [01:57] Meet our guest, Mark Updegraff
- [02: 05] From Strawberry Picking to Multifamily Investing: How I Built My Passive Income Empire
- [06: 45] Multifamily Investing: The Path to Building Wealth and Leaving the 9-5 Grind Behind
- [ 13:14] Maximize Your Investment: Why Your First Purchase Should Be a Class A Asset
- [17:40] Navigating Commercial Foreclosures: Tips from a Multifamily Real Estate Investor
- [24:09] How Networking in Real Estate Can Transform Your Career
- [29:50] From Comfort to Growth: How to Know When It's Time to Level Up Your Business
- [39:56] Maximizing Profits: How Aligning with Your Property Manager can Lower Turnovers and Boost Revenue
- [44:55] What is one red flag every investor looks out for?
- [47:09] What success looks like for Mark
- [35:18] Connecting to Mark
👉Notable Quotes
- "My father would always say, work smarter, don't work harder." -Mark Updegraff
- "Networking is a valuable skill set that I have, so I really need to capitalize on that” - Mark Updegraff
- "Aligning our model with our owners, we cut back our fees to break even at best." -Mark Updegraff
- “The value of masterminds is in the community and network, not just the training.” -Tim Little
- "Learning is important, but finding people you trust and do deals with catapults your growth."-Tim Little
- "It's really hard to find quality property management for 50 units and below." -Tim Little
- "Well-run assets are the key to long-term success." -Tim Little
👉Connect with Mark Updegraff :
- LinkedIn: Mark Updegraff
- Website: razecapital.com
- Mobile: 585-314-9790
- Tiktok: @mrmarkupdegraff
- Youtube @becomingaboss/featured
- Twitter: MrMarkUpdegraff
- Instagram: @mrmarkupdegraff/
- Facebook: @Slackadelic
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review 🌟
Todays episode is Mike Morawski, a 30-year real estate investment veteran. He has controlled over $285,000,000 in real estate transactions. He is also an entrepreneur, author, real estate trainer, public speaker, personal coach and the Chief Investment officer of two multifamily hedge funds.
Mike shares his journey from failure to success in multifamily real estate. He discusses the importance of investing in your own product, learning from successful people, and the fundamentals of syndication.
Mike also talks about his mistakes, redemption, and the current state of the syndication business. Don't miss his inspiring story of growth and transformation!
Episode Topics
- [00:32] Meet our guest, Mike Morawski
- [02: 05] Burnout to Real Estate Mogul: Journey to Multifamily Millions
- [05: 27] Why 92% of Real Estate Professionals Don't Invest in Their Own Product (And How You Can Capitalize on This)
- [ 11:04] From Real Estate Success to Federal Prison: Mike Morawski's Story
- [18:41] From Losing Everything to Building a Multifamily Real Estate Empire: A Redemption Story
- [23:41] Navigating the Syndication Business: Experienced vs. Inexperienced Operators
- [29:35] The Power of Relationships in Multifamily Real Estate: Insights from a Top Trainer and Coach
- [31:44] What is one red flag every investor looks out for?
- [34:05] What success looks like for Mike
- [35:18] Connecting to Mike's
Notable Quotes
- "Clues to success are everywhere, if you know where to look." -Mike Morawski
- "To win in multifamily, you need a winning team." -Mike Morawski
- "Investing in your product is investing in your future." -Mike Morawski
- "They can't take who you are or what you're made of." -Mike Morawski
- "Success is not just about you, it's about your team and investors too." -Mike Morawski
- "Track record matters more than hype in real estate." -Tim Little
- "Slow and steady wins the race in multifamily investing." -Tim Little
- "Well-run assets are the key to long-term success." -Tim Little
Connect with Mike Morawski:
- LinkedIn: Mike Morawski
- Website: MyCoreIntentions.com
- Email: Mike@MyCoreIntentions.com
- Emith's Revisited Book: Amazon
- My Core Intention podcast
- Free Exit Plan Ebook: Download
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review 🌟
This episode’s guest is Deren Huang, Over the last 5 years Deren has bought over 100 residential units in Tulsa, OK. Tired of the midnight calls, especially the ones from the police, he has now shifted his focus to commercial real estate, specifically industrial. He now has over 100,000 SF of triple net lease space.
In this episode, Deren described how a recurring client served as his mentor when he transitioned from residential real estate to investment sales. His expertise in building processes, hiring, and training a team to scale their real estate firm.
He also discusses a previous real estate transaction they completed in which they negotiated a high cap rate and raised money for investment. It focuses on the ease of use and alluring rewards for investors as it covers the structure and returns of their industrial real estate investment.
Episode Topics
- [00:20] Meet our guest, Deren Huang
- [01: 59] From Residential to Investment Sales: My Real Estate Journey
- [04: 50] How Deren took action to become an investor
- [ 12:54] The Challenges of Scaling: Lessons Learned in Real Estate Investing
- [20:03] Exploring the Three Categories of Industrial Real Estate
- [26:07] Securing a High Cap Rate: A Small but Profitable Warehouse Deal
- [28:39] Industrial Investment Made Simple: No-Frills, Attractive Returns
- [31:01] What is one red flag every investor looks out for?
- [36:07] What success looks like for Deren
- [37:03] Connecting to Deren's
Notable Quotes
- "Scaling a business is not just about working harder, it's about learning new skills and trusting others to help you grow." -Deren Huang
- "Putting systems in place and training a team is essential to creating a well-oiled machine that can replace yourself and allow for continued growth."-Deren Huang
- "Scaling requires hiring and training a team, implementing systems, and delegating tasks for a well-oiled machine."-Deren Huang
- "Transitioning from residential to commercial loans meant finding better deals and adding more value."-Deren Huang
- "Retiring early and pursuing leisure isn't always the fulfilling experience people expect. Engaging with others and adding value can be more satisfying."-Tim Little
- "Scaling through systems and delegation is key to unlocking growth and success in any entrepreneurial endeavor." -Tim Little
Connect with Deren Huang:
- LinkedIn: Deren Huang
- Website: derenhuang.com
- Email: derenhuang@gmail.com
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review 🌟
Todays episode is Matt Ryan, He is Principal at Re-Viv, a private equity company that uses real estate investment strategies that drive impactful growth for both investors and the community at large.
Matt started Re-Viv in 2016, capitalizing on his passion for high-performance construction, community development, and sustainable buildings.
Today he owns $10 million in real estate with another $3 million in phase two build outs.
In this episode, Matt shares about his experience building inexpensive housing and how he changed his approach to co-living as a result of problems with rent control and value-added investing. He stressed co-living as a cutting-edge strategy for low-cost housing with the possibility for higher returns and increased value.
Matt also mentioned how COVID has affected co-living and how they place an emphasis on small-scale assets with a narrative and purpose-built co-living while looking for partners for their pipeline but being ready to launch.
Episode Topics
- [01:05] Meet our guest, Matt Ryan
- [02: 01] From Energy Efficiency to Community Revitalization: The Journey of an Entrepreneur
- [12: 31] Countering the Negative Consequences of Gentrification: Impact of Community Work
- [ 15:02] Revolutionizing Affordable Housing: Small-Scale Development and Financial Incentives to Combat Displacement
- [22:31] Challenges of Communicating Building Maintenance Value: Insights from Property Experts
- [25:41] Unlocking the Future of Multifamily Investing: Exploring the Lucrative Potential of Co-Living Properties
- [37:27] From Small to Big: How Co-living is Adapting to Changing Markets and Finding Success with Strategic Partnerships
- [41:09] What is one red flag every investor looks out for?
- [44:44] What success looks like for Matt
- [47:27] Connecting to Matt
Notable Quotes
- "Value add investing perpetuates displacement - it's a major issue we must confront."-Matt Ryan
- "Will we rely solely on mandates and regulations, or can we incentivize developers and investors to do right while achieving returns and raising capital?"-Matt Ryan
- "People rent apartments in cities and sublease to friends or online to reduce rent." -Matt Ryan
- "Co-living optimizes an existing market for affordable housing." -Matt Ryan
- “Communication is key, but there's also a psychological aspect to it.” -Tim Little
- "I think it's one of those things where hopefully the co-living community continues to establish itself here in the US and continue to push for zoning reforms."-Tim Little
- "Providing stability for the tenant can have positive knock-on effects for schools and careers." -Tim Little
Connect with Matt Ryan:
- LinkedIn: Matt Ryan
- Website: re-viv.com
- Email: matt.ryan
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review 🌟
This episode’s guest is Dan Lewkowicz a seasoned real estate veteran with over 15 years of experience in real estate. Starting his career “house hacking” he quickly moved on to flip houses in and around metro Detroit and eventually created a company called Renaissance Real Estate Ventures which specialized in house flipping in the Detroit area.
Now Dan is focused on his role as Senior Director of Encore Real Estate Investment Services where he specializes in net leased and multi-tenant retail properties.
In this episode, Dan shares his entrepreneurial background and experience in house flipping before becoming a commercial real estate broker. He highlighted the importance of an internal drive and a support system.
He also discusses diverse types of buyers for net lease properties, including high net worth individuals, REITs, and partnerships.
Episode Topics
- [00:34] Meet our guest, Dan Lewkowicz
- [04: 29] From Flipping Houses to Commercial Real Estate Brokerage
- [07: 56] Entrepreneurship: Internal Drive and Opportunities in Existing Companies.
- [ 17:27] The Importance of a Support System in Real Estate BrokerageBenefits
- [15:56] From Real Estate Agent to Brokerage: Reasons for Transitioning
- [22:52] The Hiring and Training Process for Real Estate Brokers: An Overview
- [26:21] Understanding Commercial Real Estate Assets and Triple Net Leases for Investors
- [34:35] Exploring the Diverse Range of Buyers for Net Lease Properties.
- [41:13] Debunking a Myth About Multifamily Business
- [41:53] What success looks like for Dan
- [40:56] Connecting to Dan
Notable Quotes
- "I bookmarked that in my mind, this whole concept that you could take something that doesn't look like it's gonna work, make some changes, and add some significant value." -Dan Lewkowicz
- "I've really found my dream here as a commercial real estate broker. I love it. It's exciting, it's lucrative, it's fun, it's stimulating and it allows me to help a lot of people." -Dan Lewkowicz
- "I think that if it's within, if you've got it within, it's going to come out right. It is going to find a way to express itself."-Dan Lewkowicz
- "You can be an entrepreneur within a greater company or a greater framework." -Dan Lewkowicz
- "Surrounding yourself with other people that are ahead of you... is so huge." -Dan Lewkowicz
- "I just don't see that as much, for whatever reason within the commercial real estate circles. It's bizarre in a very good way."-Tim Little
- "For people looking from the outside, who have that very comfy, W2 job, they might think going into flipping for reliable income is crazy, but with the brokerage business, it's 100% commission."-Tim Little
Connect with Dan Lewkowicz
- LinkedIn: Dan Lewkowicz
- Website: encorereis.com
- Email: Dlewk@encorereis.com
- Mobile number: 248-943-2838
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review 🌟
Mike is the Managing Partner of California business for Churchill Mortgage, leading a top 1% nationwide team, and overseeing 30 employees managing $500 million.
He is also the founder and principal of CYRUS Opportunity Zone Fund, where he helps investors harness the power of tax-free investing through Opportunity Zones.
In this episode, Mike Hardy shares his approach to managing debt, avoiding subprime loans, and building a network of referrals.
He introduces the benefits of investing in opportunity zones through qualified opportunity funds, which can provide significant tax benefits while revitalizing lower income areas.
He also emphasizes the importance of networking and abundance thinking to seize life's opportunities.
Episode Topics
- [02:00] Meet our guest, Mike Hardy
- [04: 29] Navigating the Mortgage Business through the Great Recession
- [10: 13] Opportunity Zones - A Once in a Century Tax Play
- [ 13:13] Opportunity Zones: Revitalizing Lower Income Areas while Maximizing Tax Benefits
- [18:04] Opportunity Zone Fund Investment Strategy
- [28:11] Uncovering the Streak of Genius in Every Individual
- [32:17] Abundance Thinking and Life's Opportunities
- [35:25] What's the One Red Flag? Every Investor Looks Out For?
- [36:00] Debunking a Myth About Multifamily Business
- [38:15] What success looks like for Mike
- [40:56] Connecting to Mike
Notable Quotes
- "It was, how do we effectively manage debt over time and grow wealth in real estate?"-Mike Hardy
- "That was how I navigated through the great recession was by staying true to what I believed, saving my money, and then also treating people with respect." -Mike Hardy
- "I'm a believer that every human being you meet has a streak of genius in them."-Mike Hardy
- "Less is more...the difference between scarcity thinking versus abundance and prosperity thinking is, scarcely thinking is, I don't wanna let anything get." -Mike Hardy
- Multifamily market right now, certainly not nearly on the same level as what happened in 2008, but things are cooling down." -Tim Little
- "Staying true to fundamentals will keep you standing."-Tim Little
Connect with Mike Hardy:
- LinkedIn: Mike Hardy
- Website: MikeHardy.com, Cyrus Oz Fund
- Email: mike.hardy@churchillmortgage.com
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review 🌟
Today’s guest is Brandon Bruckman, He is an investment advisor with Insight Investment Advisers, a firm that offers goal-based financial planning and innovative solutions to real estate investors looking to sell their properties while deferring taxes.
In this episode, Brandon describes his journey of learning about real estate and helping customers by drawing on his own experiences and looking for high returns,
He talks about the difficulties traditional financial advisers encounter when providing advice on real estate syndications, such as regulatory barriers and a lack of knowledge, and he emphasizes the importance of working with professional advisors.
Additionally, he does a deep dive on Delaware Statutory Trusts. A way to invest in real estate and avoid taxes that isn’t talked about nearly enough!
Episode Topics
- [01:11] Meet our guest, Brandon Bruckman
- [04: 52] Challenges for Advisors in Syndication Investments
- [08: 14] Guiding Asset Owners Through Liquidation Decisions
- [ 11:06] Deferring Capital Gains with 1031 Exchanges
- [16:51] Strategies and Techniques for Mastering Like-Kind Exchanges
- [20:41] Delaware Statutory Trust: Passive Investing Made Easy"
- [25:23] Explained Considerations for Choosing the Best Investment Structure
- [28:51] Differences Between a GP/LP Syndication and Delaware Statutory Trusts
- [38:49] Streamlining Investors' Real Estate Investment Process
- [42:17] What success looks like for Brandon
- [43:41] Connecting to Brandon Bruckman
Notable Quotes
- "Our personal connection to real estate drives us to help others navigate property investments."-Brandon Bruckman
- "Avoiding big losses is our priority, but we found stable cash flow and non-correlation in real estate." -Brandon Bruckman
- "Partnering with real estate experts adds value for clients."-Brandon Bruckman
- "Essentially, a 1031 exchange allows an investor to defer paying taxes on the sale of a property by reinvesting the proceeds into a similar or 'like-kind' property." -Tim Little
- "It almost becomes a specialization at that point to where they can be that sponsor who does the Delaware Statutory Trust (DST), so they can take advantage of the scale." -Tim Little
Connect with Brandon Bruckman:
- LinkedIn: Brandon Bruckman
- Website: Invest With Insight
- Email: brandon@investwithinsight.com
- Podcast: Invest with Insight Podcast
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review 🌟
Today’s guest is Aileen Prak, Aileen is a managing partner at Bonavest Capital, a real estate investment firm that helps people create passive income through real estate syndications.
She has over 10 years of experience in the Aerospace industry as the finance lead on several multi-million-dollar projects and has leveraged that experience to grow a real estate portfolio.
In this episode, Aileen shares how after becoming a parent, she shifted her priorities from prioritizing corporate employment to seeking passive income through real estate. Eventually, she started participating in real estate syndications and started making active investments.
She also touched on the advantages of working as a husband-and-wife team in real estate, the reasons why she launched a podcast, time freedom, effective time management, and also being family-first.
Episode Topics
- [02:24] Meet our guest, Aileen Prak
- [07: 05] Motivation for Early Podcasting and Investing
- [10: 04] Family First: Time Freedom and Investing Journey
- [ 13:46] Preparing for Your First Passive Investment: Due Diligence Tips
- [20:02] Transitioning from Passive to Active Investing: Motivation and Timing
- [21:55] Balancing Time: Strategies for Effective Time Management
- [27:46] Spouses in Real Estate: Joint Decision or Convincing?
- [33:25] What success looks like for Aileen
- [34:36] Connecting to Aileen Prak
Notable Quotes
- "Education is the foundation for building a successful future."-Aileen Prak
- "Investing in real estate provides a path to time freedom." -Aileen Prak
- "Staying grounded in the 'why' is crucial to staying motivated."-Tim Little
- "Scaling up from turnkey to passive investments requires intelligent vetting." -Tim Little
- "Educate yourself, but don't get stuck in analysis paralysis." -Aileen Prak
- "Education builds confidence in real estate investing."-Tim Little
- "Trust your gut, take the leap, and settle in." -Tim Little
- "Managing time is easier when you prioritize your 'why.' Aileen Prak
Connect with Aileen Prak
- LinkedIn: Aileen Prak
- Website: bonavestcapital.com
- Email: aileen@bonavestcapital.com
- Instagram Page:@howdidtheydoit.realestate
- Podcast: How Did They Do It? Real Estate
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate, and leave a review 🌟
Today’s guest is David McIlwaine**, David is the founder and managing partner at MAC Assets, a real estate investment firm whose mission is to improve residents’ and investors’ lives by adding value to both.
After wearing the golden handcuffs for almost 14 years, in 2019 he broke free, founding MAC Assets, and now is a general partner in over 1,000 doors.
In this episode, David shares his journey from real estate agent to successful multifamily investor and emphasizes the importance of diversifying investments within the tax code.**
He also discusses the benefits of private real estate syndication, the alignment of interests between investors and general partners, and the need for skin in the game. Additionally, he emphasizes the need for moderation when investing and understanding one's investment needs.
Episode Topics
- [01:57] Meet our guest, David McIlwaine
- [04: 40] David’s journey From Residential Agent to MultiFamily Investor
- [08: 50] Using Corporate America's Golden Handcuffs to Create Freedom
- [ 14:15 ] From Passive Investing to Full-Time Real Estate Professional: David’s Journey
- [20:18 ] Aligning Interests in Real Estate Investment
- [33:15] Diversification in Investing: Why Stocks are Still Worth Keeping in Your Portfolio
- [39:00] Maximizing Investments Within the Tax Code: A Discussion on Diversification and Self-Directed IRAs
- [43:25] What success looks like for David
- [45:28] Connecting to David McIlwaine
Notable Quotes
- "I realized that what I had done in the advertising world was exactly the same as what they do in the multifamily world." -David McIlwaine
- In multifamily the pay is at the end. The pay is not in the beginning, and the pay is aligned."-David McIlwaine
- "You diversify operators, you diversify geography, you diversify asset classes, you diversify stocks that you buy, you diversify target types."-David McIlwaine
- "That false sense of security that we have and that assumption that if we do everything right, by virtue of our efforts and performance that we will be endlessly rewarded, and that clearly isn't always the case. Not at all." -Tim Little
- "Being a single income household and losing that income is devastating." -Tim Little
Connect with David McIlwaine
- LinkedIn: David McIlwaine
- Business Page: MAC Assets LinkedIn
- Website: MacAssets
- Email: david@macAssets.com
- Facebook Personal Page: David McIlwaine
- Facebook Business Page: MAC Assets
- Instagram Page: David McIlwaine
👉 Connect with Tim:
- Linkedin: Tim Little
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your FREE Passive Investor's Cheat Sheet
Subscribe, Rate, and leave a review 🌟
Today’s guest is Jim Lee. Jim is a founder and managing partner at Formosa Investing, a multifamily investment firm focused on creating significant passive income to their investors and improving the communities they invest in.
Starting with a 2 bed/1 bath condo, Jim has built his portfolio to over 600 units in the past 2 years.
In this episode, Jim shares about his Taiwanese upbringing and "Saver's attitude" to avoid debt, but later discovering debt as a powerful tool in real estate development.
He also talks about some of the benefits of investing in multifamily real estate syndications, including scalability, leverage, cash flow, and tax advantages.
👉 Episode Topics
- [02:00] Meet our guest, Jim Lee
- [03: 46] From Fear to Multifamily Syndication
- [10: 38] Why Multifamily Real Estate Syndication is the Key to Building a Scalable Portfolio
- [ 14:25 ] From Active to Passive: The Importance of Starting Small in Real Estate Investing
- [17:44 ] Leveraging Experience and Building Passive Income
- [19:00] Insights and Myths on Passive Real Estate Investing
- [23:58] What success looks like for Jim
- [34:36] Connecting to Jim Lee
👉 Notable Quotes
- "In Asian culture, debt is seen as slavery, and cash as freedom, which is counter to the heavy debt and consumerism culture in America." - Jim Lee
- "When you leverage the investment, you reap the benefits of appreciation on the asset value while only having a small percentage of your own money in the deal." - Jim Lee
- "Multifamily builds wealth much faster." - Jim Lee
- "Culture and personal experiences can significantly impact our views on money, debt, etc. It's like they always have things saved up and it may be in gold, just in case something happens, that fear is always there." Tim Little
- "Most people don't know what syndication is or how to evaluate multifamily properties. Finding the why to push outside of that comfort zone is necessary to take risks and pivot into new opportunities." - Tim Little
- "There's a variety of types of deals even within just multifamily in terms of finding an investment that's right for different types of investors." - Tim Little
👉 Connect with Jim Lee
- LinkedIn: Jim Lee
- Facebook: @FormosaInvesting
- Instagram: @FormosaInvesting
👉 Connect with Tim:
- Linkedin: Tim Little
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your FREE Passive Investor's Cheat Sheet
Subscribe, Rate, and leave a review 🌟
Today’s guest is Don Spafford. He is a partner at Happy Camper Capital, a private equity firm and operations hub for outdoor hospitality properties.
He bought his first property, a four plex, in 2017. Then he began to scale into commercial real estate, including ground-up development projects, and joined Happy Camper Capital in 2021 where his team focuses on syndicating RV Resorts.
In this episode, He shared how he started investing in real estate to add to his income and how he went after several opportunities, such as purchasing a four-plex, flipping land, undertaking development projects, and establishing Happy Camper Capital.
He also talks about his investment strategies, such as building new RV resorts instead of small multifamily buildings and holding onto properties for long-term benefits.
👉 Episode Topics
- [00:55] Meet our guest, Don Spafford
- [01: 35] Unplanned Real Estate Journey: From 10% Down Payment to Happy Camp Capital
- [06: 30] Finding Low Down Payment Mortgage Options: Don’s Personal Story
- [ 9:24 ] How House Hacking works
- [11:15 ] Investing for the Long Term: From 529s to RV Resorts
- [16:52] Steps to follow for those who aspire to be an active investor
- [21:11] The Difference between RV resort deal versus commercial multifamily?
- [30:36] Creating a Management Company for Campgrounds: A Deep Dive into the Operations of Beyond Camping
- [34:24] What success looks like for Don
- [38:51] Connecting to Don Spafford
👉 Notable Quotes
- "I kind of realized that getting to that point of where I needed to get to for that passive income goal I was trying to reach, it was still gonna take a long time just buying fourplexes." - [Don Spafford]
- "My goal was cash flow. if it didn't have cash flow, I wasn't gonna buy it. -[Don Spafford]
- “It's important to build a network, build relationships, and build trust with people who are in the industry that you're interested in." -[Tim Little]
- "If you can make house hacking work, do it. It's the best way to get started with as little money as possible, start building up wealth, and essentially save your expenses." -[Don Spafford]
- "I've taught my children that when they're ready to buy a house, they definitely need to look into doing house hacking first and start them off on a better path than I had for sure." -[Don Spafford]
👉Connect with Don Spafford
- LinkedIn: Don Spafford
- Website: https://happycampercapital.com/
- Schedule with Don: https://happycampercapital.com/don-spafford/
👉 Connect with Tim:
- Linkedin: Tim Little
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your FREE Passive Investor's Cheat Sheet
Subscribe, Rate, and leave a review 🌟
Today’s guest is Trevor Oldham, Trevor is the Founder and CEO of Podcasting You, the leading podcast booking agency for real estate investors.
Trevor has worked with a variety of real estate professionals to help raise capital, generate more exposure, and increase their networking opportunities.
In this episode, Trevor talked about the viability of new podcasts and whether there are already too many. In addition, he added that success requires a lot of time and effort, quality content, consistency, promotion, and learning from guests.
Trevor also discusses his background in passive real estate investing, how he got started with it through research and networking, and how he transitioned from equity-based assets like self-storage and multifamily to them in order to generate monthly passive income.
👉 Episode Topics
- [01:27] Meet our guest, Trevor Oldham
- [03: 48] Finding Passion and Success through Specialization: A Podcaster's Journey to Focusing on Real Estate
- [07: 42] Unlocking the Full Potential of Podcasting: Insider Tips and Tricks
- [ 13:30 ] Maximizing Your Real Estate Exposure: The Benefits and Drawbacks of Starting a Podcast or Being a Guest
- [17:36 ] From Zero to High-Profile Guests: How to Land Big Names on Your Podcast
- [19:53] The Pros and Cons of Paying for High Profile Guests and the Most Effective Way to Grow Your Podcast
- [24:22] The Truth About Podcast Reviews: Are They a Reliable Metric for Success?
- [27:40] Benefits of Passive Real Estate Investing: Trevor’s experience.
- [40:45 ] What Success means to Trevor
- [41:45] Connecting to Trevor Oldham
👉 Notable Quotes
- "Make sure you're not overly promotional, and just different things like that are really gonna allow you to stand out." -[Trevor Oldham]
- "The biggest benefit that I found starting my own podcast and more so than getting my name out there was just being able to connect with the people on the podcast, the guests that I was having on."-[Trevor Oldham]
- "Being a podcast host gives you more control, but requires more time. Being a guest allows you to leverage other people's audiences, but limits your control." -[Trevor Oldham]
- "Starting your own podcast is best for newcomers; being a guest works for experienced professionals."-[Trevor Oldham]
- I've found that I enjoy Podcasting more than I expected to. So that's a plus because no one's gonna stick with it if they don't like it. [Tim Little]
👉 Connect with Trevor Oldham
- LinkedIn: Trevor Oldham
- Website: podcastingyou.com/
- Email: trevor@podcastingyou.com
👉 Connect with Tim:
- Linkedin: Tim Little
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your FREE Passive Investor's Cheat Sheet
Subscribe, Rate, and leave a review 🌟
Today’s guest is Dylan Clark, Dylan is the CEO of Dylan Clark Consulting, as well as a fund manager and chief financial officer for Abundance Asset Management.
His goal in the financial industry is to help as many people as he can break out of the middle class and achieve their dreams.
In this episode, Dylan stated that he founded his business in order to assist novice syndicators and/or fund managers in getting off to a strong start.
He also talked about maintaining a balance while acting as a real estate syndication mediator and the value of a good reputation.
👉 Episode Topics
- [01:39] Meet our guest, Dylan Clark
- [03: 18] They started an online education company and grew to over 10,000 members
- [4: 04] Passed the Series 65 exam and became an (RIA) Registered Investment Advisor
- [ 7:53 ] Started a Company to Help New Syndicators and Fund Managers Get Off the Ground
- [16:06 ] Costs and Requirements for Obtaining and Maintaining Series 65 License
- [20:26] 506B, 506C Explained
- [25:05] The Role of an Objective Intermediary in Real Estate Syndication
- [37:52] What success looks like for Dylan
- [38:51] Connecting to Dylan Clark
👉 Notable Quotes
- "The best way for those folks who are new to syndication before is to partner up with someone else. Someone who is more experienced " - [Dylan Clark]
- "You could have a mediocre track record with a great reputation and you'll be, outperform the individual with a great track record but a bad reputation" -[Dylan Clark]
- “I feel like so many people get drawn into flashy things and flashy words without actually looking into the details”-[Dylan Clark]
- “You're able to make a good living for yourself by helping other people succeed.” -[Tim Little]
👉 Connect with Dylan Clark
- LinkedIn: Dylan Clark
- Meeting: https://calendly.com/aamdylan/30min
👉 Connect with Tim:
- Linkedin: Tim Little
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your FREE Passive Investor's Cheat Sheet
Subscribe, Rate, and leave a review 🌟
Today’s guest is George Roberts lll. George is the founder of Walnut Grove Homes, an upscale residential construction company based in Troy, Michigan which reached seven-figure status in 2021, and a Principal at Horizon Multifamily.
He has over 300 units as an active multifamily investor, with additional passive investments in over 500 multifamily units and diverse assets such as carwashes, early-stage companies, and a drug rehab facility.
He brings a unique background of both scientific expertise and entrepreneurial success to his real estate investments.
In this episode, George shared how a former bioscientist turned real estate investor, focusing on value-add multifamily properties. He learned the importance of managing properties as a business and seeks professional property management for a successful passive income stream.
He also discussed the importance of understanding macroeconomics and diversifying one's portfolio in real estate investing and emphasized the value of taking a wide-lens view and studying history and geography in order to prepare for potential black swan events.
👉 Episode Topics
- [01:05] Meet our guest, George Roberts III
- [02: 08] From Bioscientist to Accidental Landlord to Successful Real Estate Investor
- [2: 32] Building a Construction Company and Value-Add Multifamily Investments
- [ 9:25] The spark of entrepreneurialism.
- [11:11] Real Estate Syndication Explained
- [16:50] Diversification and Macroeconomic Understanding
- [21:52] Leveraging Bioscience and Data Science Skills in Commercial Real Estate
- [23:30] Networking for Success in Apartment Investment
- [28:40] What success looks like for George
- [29:20] Connecting to George Roberts
👉Notable Quotes
- "Everybody's a syndicator. Everybody's in multifamily, it is a pretty small fishbowl, but it's growing fast and we know that we can't really outgrow the dimensions of the fishbowl. " - [George Roberts]
- "Wow! Once you set it up, it can be pretty passive." -[George Roberts]
- We have to be careful never to oversell any investment -[Tim Little]
- "So now let's run it like a business this time and let's do it at scale" - [George Roberts]
- "One of the best ways that we can add to someone is to connect them with the right people and be known." -[Tim Little]
- “Real estate syndication is an awesome opportunity.” [George Roberts]
👉Connect with George Roberts
- Website: horizonmultifamily.com
- LinkedIn: George Roberts lll
- Email: george@horizonmultifamily.com
👉 Resources:
- The Intelligent Investor book by Benjamin Graham: Download
👉 Connect with Tim:
- Linkedin: Tim Little
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your FREE Passive Investor's Cheat Sheet
Subscribe, Rate, and leave a review 🌟
Today’s guest is Jeff Greenberg, Jeff is the President and CEO of Synergetic Investment Group. Through SIG Wealth Fund, Jeff 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 consisting of over 2000 units and has been involved with all types of assets from Student Housing to short term rentals, and Market Rate MF properties.
In this episode, Jeff discusses the key distinction between a joint venture and a syndication, the degree of control and participation of the partners.
Additionally, He shares how he manages a private equity fund that is flexible and diversified and that gives investors the ability to choose opportunities, read PPMs, and make the final investment decision while the fund is managed by him to achieve exceptional diversification and choice for passive investors.
👉 Episode Topics
- [01:49] Meet our guest, Jeff Greenberg
- [05:00] The Difference Between Joint Ventures and Syndications
- [07:03] Rights and Responsibilities of Limited Partners in a Syndication.
- [08:20] The Importance of Reviewing the PPM and Operating Agreement in a Syndication
- [09:30] The Importance of Learning in Real Estate Investment
- [13:55] The Benefits of Being a Passive Investor
- [15:50] How he runs a diversified, customizable private equity fund.
- [21:30] Investing in Real Estate: Criteria and Due Diligence
- [31:23] What success looks like for Jeff
- [32:54] Connecting to Jeff Greenberg
👉 Notable Quotes
"When you come in as a passive investor, you're now an investor. You have a right to ask a lot of questions" - [Jeff Greenberg]
"You've got a ticket to the door when you know when you're investing" -[Jeff Greenberg]
" Learning about other people and who you can work with and who you wanna work with and formatting, some kind of team is extremely important. Very important in this business." -[Jeff Greenberg]
"What if I can earn money while I'm learning? And so, you know, That's why I call that, earn while you learn because I was able to ask all the questions" - [Tim Little]
"Getting in on that one deal as a general partner will give you the track record that you need to get started and potentially or likely get onto other deals in the future." -[Tim Little]
👉 Connect with Jeff Greenberg
- Website: synergeticig.com
- LinkedIn: Jeff Greenberg
- Email: jeff@synergeticig.com
👉 Connect with Tim:
- Linkedin: Tim Little
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your FREE Passive Investor's Cheat Sheet
Subscribe, Rate, and leave a review 🌟
Today’s guest is Bryan Escudero, Bryan is the President and CEO of First Gen Foundations. A company dedicated to educating first generation investors like himself on real estate as an investment vehicle that can lead to generational wealth.
Bringing two decades of project management experience, he and his partner have grown their portfolio from 0 to 55 doors and $0 to over $8.5M in assets under management, all in under a year!
In this episode, Bryan discusses how First Gen Foundations started, which aims to educate and empower individuals to take control of their financial future through real estate investing. They focus on multifamily properties and stress the importance of education and overcoming fear when it comes to investing.
He also talks about his own experience juggling a profession and going to school, the value of being aware of the commitment and dangers associated with starting anything new, and the necessity of open communication.
Episode Topics
- [01:34] Meet our guest, Bryan Escudero
- [04:11] From Fear to Wealth Creation: One Immigrant's Journey into Real Estate and Helping Others
- [09:00] Building Community through Real Estate: The Founding Principles of First Gen Foundations
- [11:50] Transitioning from a Consumer to an Investor: Helping First Gen Investors Overcome Fear and Find Alternative Investments
- [15:15] From Educating himself to Building a Thriving Real Estate Investment Business: A Journey of Overcoming Fear and Helping Others
- [20:00] How His Career and Education Led to a Successful Real Estate Venture
- [22:30] Shaking off Fear and Building Generational Wealth: His Journey into Real Estate Syndications
- [27:30] Empowering Moderately Successful Professionals to Build Wealth through Multifamily Real Estate Investment
- [31:18] What success looks like for Bryan
- [35:05] Connecting to Bryan Escudero
Notable Quotes
- "When you shake off the fear, when you're able to make decisions with imperfect information, you'll be really surprised at what you can do." -[Bryan Escudero]
- "I believe education is a good fighter of fear." -[Bryan Escudero]
- "Any investment has risk, but there's also reward there" - [Tim Little]
- "Life is not fair. We can either let ourselves be pushed back into a corner by that or really lean into it. " -[Bryan Escudero]
- "You can look at it historically and you know real estate. It's created 90% of the millionaires in this country." -[Bryan Escudero]
- "You are a steward of other people's money, and that is a huge responsibility." [Tim Little]
Connect with Bryan:
- Website: https://www.firstgenfoundations.com/
- LinkedIn: Bryan Escudero
- Email: bryan@firstgenfoundations.com
Connect with Tim:
- Linkedin: Tim Little
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
Subscribe, Rate,
👉 Connect with Tim:
- Linkedin: Tim Little
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your FREE Passive Investor's Cheat Sheet
Subscribe, Rate, and leave a review 🌟
This episode’s guest is Madhavi Jain. She has 16+ years of experience in the IT industry, much of it in top 5 consulting firms. Her excellent analytical skills, project management experience, and out-of-the-box thinking lays a solid foundation for evaluating and reviewing investment opportunities.
She talked about the three-pronged strategy for generating passive income, starting with generating income, lowering tax obligations, and boosting net worth. She also breaks down infinity banking and why we should be doing it.
She also discusses her mission of changing the financial trajectory of thousands of more families one family at a time.
Episode Topics
- [02:24] Meet our guest, Madhavi Jain
- [04:11] She left her job and started a reverse engineering journey into the real estate world.
- [07:18] She discovered that syndication is the key to unlocking genuinely passive income.
- [08:50] She formed “Think Outside the Stocks.” to bring strategies she learned by creating a community, sharing with them, and sharing how to do it correctly.
- [12:25] The threefold approach to creating passive income starts with making passive income, reducing tax liability, and increasing net worth.
- [14:45] What is infinite banking, and why should we consider it?
- [19:14] Three common objections to the infinite banking system.
- [26:28] Passion and responsibility to educate others about the best path to financial freedom.
- [39:33] What success looks like for Madhavi.
- [40:57] Connecting to Madhavi Jain.
Notable Quotes
- "The syndication being that key to unlock that truly passive income. At that point, I was looking for something passive. I was mind blown." - [Madhavi Jain]
- "The time to take that action is not tomorrow, not today. The time to take action is now. So make that small big step." - [Madhavi Jain]
- "It is our responsibility to educate. If we find something that can help people, it doesn't matter whether it's infinity banking or passively investing in multifamily syndications." - [Tim Little]
- "I'm not trying to convince you. I'm just trying to let you know, you could have your money growing in something that provides better returns that is more recession-resistant." [Tim little]
- "I started dwelling into real estate because of course, 90% of people have become millionaires through real estate." - [Madhavi Jain]
Connect with Madhavi:
- Website: https://thinkoutsidethestocks.com/
- LinkedIn: Madhavi Jain
- Email: info@thinkoutsidethestocks.com
Resources: Madhavi's Free Ebook: https://thinkoutsidethestocks.com/passive/
Connect with Tim
- Linkedin: Tim Little
- Subscribe, Rate, and leave a review
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your
👉 Connect with Tim:
- Linkedin: Tim Little
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your FREE Passive Investor's Cheat Sheet
Subscribe, Rate, and leave a review 🌟
Today’s guest is Vessi Kapoulian, an owner of DBA Capital Group with over 14 years of expertise in commercial loans and four years in company management, sales, and marketing.
**Vessi began her real estate career in 2017, and she currently manages a portfolio of six properties with a combined total of 161 doors across Florida, Tennessee, and Georgia.
Not only does she actively invest in commercial multifamily, but she also has 100% free and clear residential properties, AND passively invests in multifamily deals. I'm going to call that the real estate cash flow TRIFECTA.**
In this episode, Vessi discusses her motivation for investing in real estate, as well as how she has leveraged her corporate background to scale her multifamily business.
She also shared her thoughts on the present lending climate and where it might be headed.
Episode Topics
- [01:36] Meet our guest, Vessi Kapoulian.
- [02:42] She made her first investment in real estate to create a small retirement nest egg and diversify away from the stock market.
- [03:31] How she scales her professional experiences to commercial real estate, specifically Multifamily, and achieve what she has now.
- [06:25] Finding excellent and competent property management for her residential units.
- [09:29] How the whole educational system set up and trained the mindset of most people.
- [12:50] What does DBA Capital Group stand for, and what are its values?
- [15:35] A clear understanding of your “why”. What do you want to do, and why do it?
- [17:211] Vessi’s take on the current lending environment and what to expect on rates.
- [25:05] What challenges did she face in transitioning from residential to commercial multifamily?
- [34:56] Connect with Vessi Kapoulian.
Notable Quotes
- "One regret I have is not starting sooner. I thought of something other than real estate as a great investment vehicle and an income stream that could even replace W2 jobs. " - [Vessi Kapoulian]
- "The beautiful thing about real estate as an asset class is that you can diversify even within real estate, whether it's mobile homes, multifamily, or storage." - [Tim Little]
- "You learn most from experience. So I encourage people to take action." - [Vessi Kapoulian]
- "Appreciate every day, view that as an opportunity, and have a positive impact because you could be gone tomorrow." - [Tim Little]
Connect with Vessi Kapoulian
- Website: dbacapitalgroup.com
- LinkedIn: Vessi Kapoulian
Resources
- Vessi's Free Ebook: The Busy Professional’s Quick Guide To Investing In Multifamily
Connect with Tim
- LinkedIn: Tim Little
- Visit www.ZANAinvestments.com
👉 Connect with Tim:
- Linkedin: Tim Little
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your FREE Passive Investor's Cheat Sheet
Subscribe, Rate, and leave a review 🌟
This podcast is aimed at equipping listeners with substantial knowledge in multifamily real estate investing, sharing inspiring experiences from experts well-versed in the different stages of wealth creation through real estate. Meet our host, the Founder, and CEO of ZANA Investments, Tim Little.
In this episode, Paul Winterowdoutlines the benefits of dealing with a mortgage broker versus working directly with a bank.
While he has been a General Partner as well, Paul discusses more his extensive experience as a passive investor and how his job as a mortgage broker has made him better at picking sponsors and deals.
Episode Topics
[01:37] Meet today's guest, Paul Winterowd.
[02:43] How Paul started as a mortgage broker and got into intrigue with multifamily real estate.
[06:23] Continuing his work as a mortgage broker helps to build his network and get exposure to great syndicators.
[10:03] Real estate's primary selling points - Lack of volatility.
[11:58] Bridge loans and other types of lending and their interest rates.
[11:44] Paul's thought on seller financing for real estate.
[20:35] One of the beauties of real estate is it has its own merits and investing in a business plan.
[22:03] What does it look like when you are investing in a business plan of multifamily real estate?
[27:49] What are the benefits of using a mortgage broker?
[30:43] What is one red flag every investor should look out for?
[38:46] What does success look like for Paul?
Notable Quotes
- " The tortoise versus the hare story comes to mind. The commercial real estate's more the tortoise but ends up winning the race in the end. "- [Paul Winterowd]
- "Real estate's lack of volatility like the volatility that you do see in the stock market, I think it's one of the primary selling points" - [Tim Little]
- "I hold to the premise of time in the market versus timing the market." [Paul Winterowd.]
- "I think there are basically opportunities in every market, be they good markets, bad markets, and another important point is the matter of perspective when it comes to being a passive investor.” [Tim Little]
Connect with Paul Winterowd
- Website: stacksource.com
- LinkedIn: Paul Winterowd
- Email: paul.winterowd@stacksource.com
- Social media: @StackSource
Connect with Tim
- LinkedIn: Tim Little
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your
👉 Connect with Tim:
- Linkedin: Tim Little
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your FREE Passive Investor's Cheat Sheet
Subscribe, Rate, and leave a review 🌟
In this episode, Steven Wasylkiw talked about many resources he used and how people can use them to push their deals across the finish line.
He further shares the challenges he faced in building his business, how he evolved and became successful, and gives tips and tricks on getting those deals over the line.
Episode Topics
- [01:34] Meet today's guest, Steven Wasylkiw.
- [03:16] The Different types of investments that you're currently in. short, medium, and long-term rental.
- [04:48] Multifamily investment is the best alternative to stock investing.
- [07:00] Steven's challenges in establishing his business in California, and how he overcame them to become successful?
- [09:25] Significant appreciation in San Diego boosted Steven’s net worth.
- [10:24] How he made multiple seven figures a month just on appreciation
- [12:44] How he was able to leverage his corporate experience into what he is doing now.
- [16:32] Tips, tricks on how to get those deals over the line?
- [26:42] Why short-term rentals are great for providing cash flow.
- [28:05] Red flag every investor should look out for.
- [30:43] Myth about this business that you would like to set straight according to Steven.
- [32:00] What success look like for Steven.
Notable Quotes
- "Don't sleep on the short term rentals, short term rentals can cash flow a ton"- [Steven Wasylkiw]
- "Appreciation comes from demand. With that limited supply that you have in that constricted geographic area, you are going to have a higher demand, and that's inevitably going to drive appreciation. " - [Tim Little]
- "Success is not being reliant on a company or a person for your financial wellbeing. Being able to spend time with your friends, family, do whatever makes you feel happy, pursue your passions and purpose pretty much." [ Steven Wasylkiw]
- "They're kind of leveraging their west or east coast salary, putting it into the Midwest for the cash flow, but then banking on the appreciation on the coast” [Steven Wasylkiw]
ResourcesDun & Bradstreet
Connect with Steven Wasylkiw
- Website: https://magnavitainvestments.com/
- LinkedIn: Steven Wasylkiw
- Social Media: @realizingyourpotential
Connect with Tim
- LinkedIn: Tim Little
- Subscribe, Rate, and leave a review
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
*Please rate and leave a review!
👉 Connect with Tim:
- Linkedin: Tim Little
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your FREE Passive Investor's Cheat Sheet
Subscribe, Rate, and leave a review 🌟
In this episode, Natalie Kolodij **gives a concise masterclass on real estate tax strategy. She reveals tips and tricks on creating a substantial paper loss, specifically with cost segregation and bonus depreciation.
She even throws in some fun ones you don’t hear as much about, like putting your kids to work while helping them build wealth!**
Episode Topics
- [01:11] Meet today's guest, Natalie Kolodij.
- [02:03] Why do you need to look for Real estate tax specialist rather than a generalist.
- [04:59] Biggest advice to those who are starting real estate investing.
- [09:25] The 1031 exchange option.
- [24:58] How to meet IRS requirements?
- [26:07] How does cost segregation apply in real estate investment?
- [27:28] What is a code bonus depreciation?
- [32:10] Hiring kids for real estate tax benefits?
- [37:35] The myth about this business that Natalie would like to set straight.
- [38:12] What success look like for Natalie
Notable Quotes
- "Build a system that works for you and that you can grow with. That's another big thing before you try to go eight levels deep on an advanced strategy foundation." [Natalie Kolodij]
- "If they seek to build their wealth through investment in real estate, then they find a tax professional who understands it because otherwise, they're going to be stunting their wealth building." - [Tim Little]
- "Living in one unit and renting out the other is an awesome strategy, and I see this from many new investors. It's a great way to get into real estate tax-wise." [Natalie Kolodij]
- "I keep telling people that, like any bookkeeping or accounting system, it's like a diet; people will argue all day long about what's best, but ultimately, it's just whatever you keep doing." [Natalie Kolodij]
Resources
Real Estate Time Log Download
Connect with Natalie Kolodij
- Website: kolotax.com
- LinkedIn: Natalie Kolodij
- Social Media: @RE_Tax_Strategist
Connect with Tim
- LinkedIn: Tim Little
- Subscribe, Rate, and leave a review
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
*Please rate and leave a review!
👉 Connect with Tim:
- Linkedin: Tim Little
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your FREE Passive Investor's Cheat Sheet
Subscribe, Rate, and leave a review 🌟
Our guest on this episode, Gene Trowbridge is a founding partner of Trowbridge Law Group LLP, Gene’s law practice concentrates on the syndication of commercial and investment real estate, through both debt and equity. Gene has represented over 625 clients in this area of practice.
As a former syndicator, who for ten years raised investor capital through the broker dealer community, he is able to communicate with his clients on both the technical and the practical aspects of state and federal securities laws.
In this episode, Gene discusses how he started in syndication as a broker, recognized the riches on the other side of the table and started syndicating himself, before transitioning to syndication law, where he is one of the most respected names in the business. Gene shares valuable insights on how to legally advertise deals on social media, crowdfunding through Reg CFs, and Reg A plus offerings.
Episode Topics
- [01:52] Meet today's guest, Gene Trowbridge
- [04:26] Went to a law school to start a career as a syndication attorney.
- [10:08] How Gene builds a database, determines specialty and attracts high income investors
- [21:41] What is crowdfunding and how does it work?
- [27:42] Reg A Plus Deals.
- [40:33] The biggest mistakes people make advertising syndications.
- [50:03] What is one red flag every investor should look out for?
- [50:59] A myth about this business Gene would like to set straight.
- [51:27] Success to Gene is successful mentoring, mentoring people and seeing them through their first deal.
- [52:16] Connect with Gene Trowbridge
Notable Quotes"A great place to start as an investor is to invest in multifamily” -[Gene Trowbridge] "In the syndication business, so much of this is about relationships” - [Tim Little] "My success is mentoring people and seeing them through their first deal.” -[ Gene Trowbridge] "If the offering was exactly what I said it would be, as I was building those relationships, it was an easy sell.” -[Gene Trowbridge] "As you progress in your professionalization, you should have that CRM, whether it's an active campaign or an excel spreadsheet that tracks these folks' first contact with them." - [Tim Little]
Connect with GeneTrowbridge
- Website: https://trowbridgelawgroup.com/
- Office no. (951) 570-1507
- LinkedIn: GeneTrowbridge
Connect with Tim
- LinkedIn: Tim Little
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE!
👉 Connect with Tim:
- Linkedin: Tim Little
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your FREE Passive Investor's Cheat Sheet
Subscribe, Rate, and leave a review 🌟
Today's guest LEE JOHNSON is the Co-Founder and Vice President of Value Investment Partners (VIP), and is responsible for implementing strategic methods to grow VIP and help partners grow their wealth using various alternative investment strategies.
He has been investing in real estate since 2005 through multifamily, private lending and rehabbing residentials properties. His focus now is passive investing through real estate syndications and active multifamily investing.
**His current portfolio spans multiple markets around the country with over 2800 units valued at about $334 million.
In this episode, Lee discusses how videos and books ignited his passion to pursue real estate. He also shared how education and lessons learned from crashes made him realize that real estate syndication is still the best route to financial freedom.**
Episode Topics
- [00:38] Meet today's guest, LEE JOHNSON
- [03:00] How he crashed in 2006 and treated family investing like a business.
- [17:25] Why the government will always be your partner according to Lee.
- [30:29] Lee’s strategy in finding opportunities - investing multifamily.
- [41:23] Why Lee put together a system on how money is always growing.
- [43:37] How investors leverage their stranded 401ks.
- [51:57] Your money needs to be working for you 24 hours a day.
- [53:52] What is one red flag every investor should look out for?
- [54:46] A myth about this business Lee would like to set straight.
- [55:40] What success means to Lee
Notable Quotes
- "That's one of the things that when I talk about investing with family, make sure that you've treated it like a business and you have the proper structures in place” [Lee Johnson]
- “It's a flywheel. Once it starts going, it's gonna keep its momentum all on its own.-multi family investment syndication” [Lee Johnson]
- “Your money needs to be working for you 24 hours a day. You work too hard for your money to let it be lazy, so find it if you've left it sitting idle and put it to work.” [Tim Little]
Resources
- Book: Tax Free Wealth by Tom Wheelwright
- Book: It's A Whole New Business by Gene Trowbridge
Connect with LEE JOHNSON
- Website: valueinvestmentpartners.com
- Phone no. 5714448474
- LinkedIn: Lee Johnson
Connect with Tim
- LinkedIn: Tim Little
- W
👉 Connect with Tim:
- Linkedin: Tim Little
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your FREE Passive Investor's Cheat Sheet
Subscribe, Rate, and leave a review 🌟
Today's guest Ahmed Seirafi is Principal of Andalusia Development Company where he oversees all aspects of their Acquisition, Disposition, and Development processes. He has led all facets of the business, spanning more than $100,000,000 in commercial assets, primarily in Multifamily and Commercial.
In its first few years of existence, Ahmed has been instrumental in growing Andalusia’s development pipeline by 300% to over $400 million dollars.
In this episode, Ahmed discusses how his mindset as a successful broker prevented him from seeing the opportunity of real estate investing. He also goes into detail on how development deals differ from multifamily value-add from the passive investor’s perspective.
Episode Topics
- [01:44] Meet today's guest, Ahmed Seirafi.
- [02:30] From working with a broker to brokering on his own to a much bigger company
- [03:42] How Ahmed saw success as a broker, missed opportunities
- [06:07] Ahmed’s experience working with larger civic projects
- [11:11] Distributions to investors, what does it look like?
- [19:22] Communicating to multifamily investors the risk operators take on for a deal
- [25: 12] The key factors for successful growth
- [29:55] What is one red flag every investor should look out for?
- [30:47] A myth about this business Ahmed would like to set straight
- [31:58] Success to Ahmed is doing what he wants, where he wants, whenever he wants
- [32:59] Connect with Ahmed
Notable Quotes
- "I'm sure there's a statistic behind it, because commercial brokers are really the ones that are teeing up a lot of these deals for the investors and the developer” [Ahmed Seirafi]
- “And I think that's true when we talk about opportunities in general. If we're not in a place to recognize or to take on those opportunities, we don't even realize that they were opportunities until they've already passed us.” - [Tim Little]
- “You can not fall in love with a project, fall in love with a development… You must always develop, build, and invest where the market demands” [Ahmed Seirafi]
- "I think we need to do a better job of communicating the risk that we (syndicators) are incurring up front, both financially and the work that goes into it, from a time perspective.”[Tim Little]
- “Having a good eye for opportunity is a result of just the amount of exposure that you've had over this career from your time as a broker.” [Tim Little]
- "Success to me is doing what I want, where I want, how I want whenever I want. And that could be vacations and charity and family." [Ahmed Seirafi]
Resources
Connect with Ahmed Seirafi
- Website: www.buildbetter.dev
- Connect with Ahmed on his Instagram @ahmedbuildsbetter
- Email: ahmed@buildbetter.dev
- LinkedIn: @ahmedseirafi
Connect with Tim
- On LinkedIn: Tim Little
- Podcast Website: https://journeytomultifamilymillions.buzzsprout.com/
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifami
👉 Connect with Tim:
- Linkedin: Tim Little
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your FREE Passive Investor's Cheat Sheet
Subscribe, Rate, and leave a review 🌟
Today’s guest is Axel Ragnarsson, an active real estate investor based in Boston, Massachusetts who founded the real estate investment firm Aligned Real Estate Partners following the purchase of his first multifamily property during his sophomore year in college. His company is involved with over 450 units of multifamily real estate and has been a principal party in over 62 million dollars worth of real estate transactions.
In this episode, Axel shares his lifelong affinity for entrepreneurship as a path into real estate investment. He describes the role of aligning incentives as the inspiration behind his company, and importance of having experience in the team before delving into any deal. Axel also notes the benefits of task delegation as part of a business model aimed at growing a real estate portfolio fast.
Episode Topics
- [00:47] Meet our guest, Axel Ragnarsson
- [01:36] From childhood entrepreneurship to full-time real estate investment
- [07:56] Lessons from a deal gone wrong; partnering and hiring the right people
- [11:34] Exploring non-recourse loans; the lower risk in multifamily real estate
- [14:28] Axel's first multifamily syndication; walk before you run
- [22:30] The inspiration for Axel's company name, Aligned Real Estate Partners
- [26:26] The role of delegating to grow a real estate portfolio rapidly
- [36:21] A red flag for Axel has for all investors
- [38:20] A myth he would like to bust
- [40:28] What success means to Axel
Notable Quotes
-
"If you're an active investor out there who's looking to syndicate a deal, you better have the track record of doing your own deals" - [Axel Ragnarsson]
-
"Your experience, your track record… isn't going to be what drives the results into the future; you really have to get out there and build those investor leads" - [Axel Ragnarsson]
-
"Different investors have different goals" - [Tim Little]
-
"I really want to work with folks that are incentivized to drive the mission forward" - [Axel Ragnarsson]
-
"The most important thing that an investor can do if they want to grow more quickly is buy deals below market value" - [Axel Ragnarsson]
-
"I think everybody has opportunities to buy their time back" - [Axel Ragnarsson]
-
"Don't invest with someone who has not done what they're about to do" - [Axel Ragnarsson]
-
"The work is not done when you close, by any means" - [Axel Ragnarsson]
Resources
Connect with Axel Ragnarsson
- Website: www.alignedrep.com [43:08]
- Axel’s Podcast: The multifamily wealth podcast [43:13]
- Email: Axel@alignedrep.com [43:24]
Connect with Tim
- On LinkedIn: Tim Little
- Podcast Website: https://journeytomultifamilymillio
👉 Connect with Tim:
- Linkedin: Tim Little
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your FREE Passive Investor's Cheat Sheet
Subscribe, Rate, and leave a review 🌟
Our guest on this episode of the Journey to Multifamily Millions is Justin Smith. He isthe Director of Construction of student housing for a global construction and development firm. He is also the Founder of Relequity Enterprises, a private equity and real estate firm that acquires multifamily properties in the Southeast and midwest markets. He is currently a General Partner on over 600 units.
Justin sheds light on his practical experienced-based educational journey into multifamily investing, describing his lifelong aspiration to build city blocks and how he leverages this construction knowledge in real estate deals.
Episode Topics
● [01:52] How Justin got into real estate from a childhood aspiration to build city blocks.
● [03:24] Shifting from a construction point of view to finance in real estate; learning through action.
● [07:56] How Justin's experiences equipped him to handle the considerations of passive investors.
● [12:41] The role of Justin's construction background and relationships in multifamily real estate.
● [18:10] The importance of understanding the goal or business plan for a property.
● [27:08] A red flag for investors
● [29:09] A myth in this business Justin would like to set straight
● [31:51] Justin defines success as the achievement of his plan and vision over a period of time.
● [33:41] What success looks like to him
● [35:20] Connect with Justin.
Notable Quotes
-
"You have to really understand the tangibles, the intangibles, the unspeakable, and then forecast and plan for the eventualities; both positive and negative" - [Justin Smith]
-
"These are not just apartment buildings, from our perspective, they are businesses" - [Tim Little]
-
"Understanding your strengths will make you a much more successful businessperson" - [Justin Smith]
-
"Despite what is going on, despite interest rates…it is still a good time to buy assets" - [Justin Smith]
-
"You have to know your exit strategy and set appropriate goals" - [Justin Smith]
-
"People who have made a lot of money in investing; they're always investing" - [Tim Little]
Resources
Connect with Justin Smith
- Website: www.relequity.com
- Email: info@relequity.com
- LinkedIn: Relequity
- Instagram: Relequity
Connect with Tim
- On LinkedIn: Tim Little
- Podcast Website: https://journeytomultifamilymillions.buzzsprout.com/
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
Episode Summary
This podcast is aimed at equipping listeners with substantial knowledge in multifamily real estate investing and sharing inspiring experiences from experts well-versed in the different stages of wealth creation through real estate. Your host isthe Founder and CEO of ZANA Investments, Tim Little.
Today's guest, Pete VanderVeen, is the Director of Operations for Legacy Acquisitions, a firm that provides off-market cash-flowing opportunities by partnering with the very best operators in emerging markets nationwide. He has launched more than 10 companies and managed the optimization of a Fortune 5 company with over 12 billion in operations.
In this episode, Pete discusses the importance of adequate education before any form of investment in the real estate space, and he shares how he has promoted this in his work, noting the crucial role it plays in his effort to bridge the gaps and inefficiencies within multifamily real estate.
Episode Topics
- [00:47] Meet today's guest, Pete VanderVeen.
- [01:30] Diving into real estate education for business while empowering others
- [03:48] Were you exposed to entrepreneurship growing up?
- [05:55] How successful was flipping houses for you?
- [08:23] About Pete's work educating people by leading programs
- [10:22] How Pete leveraged his background skills in the multifamily space
- [13:53] Identifying and addressing inefficiencies in real estate
- [17:59] Do successful organizations have more clearly defined roles or overlap of roles?
- [23:10] A red flag for investors
- [23:53] A myth in this business Pete would like to set straight
- [25:53] What does success look like to him
- [27:35] Connect with Pete
Notable Quotes
-
"When you are in the flipping business, you need to be able to enter and exit quickly so you're not exposed to the market swings" - [Pete VanderVeen]
-
"Relationships are, if not everything, they're one of the biggest things in this business" - [Tim Little]
-
"The person that's typically the capital raiser is not the guy that can manage operations effectively" - [Pete VanderVeen]
-
“I would rather have more people and do a better job, and be better positioned to scale, than to have less people and have a bigger share of the pie" - [Pete VanderVeen]
-
"I'm a big believer that success needs to be holistic" - [Pete VanderVeen]
Resources
Connect with Pete VanderVeen
- Website: www.legacyacquisitions.com
- On LinkedIn: https://www.linkedin.com/in/pete-vanderveen/
Connect with Tim
- On LinkedIn: Tim Little
- Podcast Website: https://journeytomultifamilymillions.buzzsprout.com/
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
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My guest on this episode is John Pearl, a Commercial real estate investor and co-founder of Freedom Investor, with experience both as a passive investor and general partner on deals.
He is a prior service Army infantry officer and now works as a nuclear security specialist at a plant set to shut down in 2025. Hence, his mission is to replace his W-2 income with real estate investment before the plant shuts down.
In this episode, John highlights his direct jump into the multifamily space which came alongside the idea to start a fund that connects investors with trusted teams, taking out the hassle involved in fundraising for commercial real estate investments.
Episode Topics
- [01:35] From debt to multifamily real estate.
- [13:38] About John's first syndication deal.
- [16:14] How John's military experience developed his capacity for entrepreneurship.
- [21:38] What failures have you had to deal with in your journey?
- [30:24] What is a Fund?
- [37:10] A red flag for investors
- [39:36] A myth in this business John would like to set straight
- [41:12] What success means to him
Notable Quotes
-
"As long as you can pay your loans, there's value in still saving and still investing because those things can help you get out of that debt faster" - [Tim Little]
-
"You do have more money available to you than you probably think you do" - [Tim Little]
-
"I think that we tend to learn more from failure than we do success" - [Tim Little]
-
"Ultimately, it's better to not go forward with a bad deal than to get caught up in it" - [John Pearl]
-
"The GPs need to have some kind of incentive in order to make the deal perform properly, otherwise they're not going to care when the deal goes sideways" - [John Pearl]
-
"With a fund, we can connect passive investors with the vast network of strong GPs…strong teams that are putting together great deals that we just simply don't have access to any other way" - [John Pearl]
-
"You should not be investing with somebody if you haven't sat down with them and gotten to know them a little bit" - [John Pearl]
-
"You've got to be in this for the long run and you've got to believe in it" - [John Pearl]
Resources
Get John's free guide for passive investing[43:28]
Connect with John Pearl
- John's Podcast: Freedom Investor Radio [43:49]
- Website:www.freedominvestor.io
- LinkedIn: https://www.linkedin.com/in/johntpearl/
Connect with Tim
- On LinkedIn: Tim Little
- Podcast Website: https://journeytomultifamilymillions.buzzsprout.com/
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
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On this episode, we have Clive Davis, the Founding Principal of Park Royal Capital, LLC, a firm that offers business owners seeking diversification beyond the stock market the opportunity to privately co-invest in commercial multifamily investment properties with solid returns and tax benefits.
Clive has been investing in real estate since 1999 and is currently invested in over 2000 multifamily doors and 317 hotel keys. Also a general partner with over 70 million worth of assets under management, he has fully pivoted into commercial real estate, focusing on the acquisition and operation of large-scale multifamily communities.
In this episode, Clive describes his shift from a 20+ corporate career to diving into real estate investing full-time. He highlights critical points in planning such a pivot, with emphasis on the importance of entrepreneurship in the long run.
Episode Topics
- [02:00] From a real estate side business to full-time multifamily investing
- [09:22] What inspired you to start with a duplex, unlike the typical single-unit startups?
- [13:00] The importance of pursuing entrepreneurship.
- [16:46] What surprises did you encounter moving into full-time real estate investment?
- [23:50] Scaling up to larger real estate deals
- [33:36] A red flag every investor should watch out for
- [34:21] A myth about this business Clive would like to set straight
- [35:35] What success means to him
Notable Quotes
- "The bigger you can go in terms of scale, the more you’re minimizing that risk” - [Clive Davis]- "A lot of folks think that having that stable w2 job is less risky, in some respects, it's actually not" - [Tim Little]- “There is no age limit on pursuing entrepreneurialism” - [Tim Little]- “All of those things that are within your control while you are gainfully employed with that w2, try and take care of them before you step into that entrepreneurial journey in full” - [Clive Davis]- "60-70% of self-directed IRA funds are deployed in commercial real estate" - [Clive Davis]- "Going from zero to one is the hardest deal that any of us will ever do" - [Clive Davis]- "A lot of people are not even aware that the self-directed IRA piece is an option" - [Tim Little]- "One thing wall street does tell you is to be diversified and I would say part of that diversification is diversifying away from having all of your investments in the stock market" - [Clive Davis]
Connect with Clive Davis
- LinkedIn: Clive Davis, Esq. [36:56]
- Instagram: @clivedavisesq [36:58]
- Website: www.parkroyalcapital.com [37:00]
Connect with Tim
- On LinkedIn: Tim Little
- Podcast Website: https://journeytomultifamilymillions.buzzsprout.com/
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
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Our guest on this episode of Journey to Multifamily Millions is Brian Armstrong, the Founder and Managing Partner at Progress Capital Group, a real estate investment firm that offers investments that generate passive income for busy professionals.
Brian has been investing in multifamily units, and flipping single-family homes since 2012, alongside his 20-year career as a licensed structural engineer working within and outside the US.
In this episode, Brian explains the importance of real estate investments as a key part of a diversified portfolio for passive income, highlighting the major considerations to make when deciding on properties to invest in.
Episode Topics
- [00:46] Meet today's guest, Brian Armstrong
- [01:33] From "Rich Dad Poor Dad" to single and multifamily real estate.
- [07:11] Managing real estate risk by diversifying.
- [13:51] Do you still flip single-family units?
- [15:46] What type of properties are you looking for on the multifamily side?
- [17:11] What metrics do you look out for in a market you're going into?
- [24:05] A Red Flag for Investors.
- [26:23] The myth Brian would like to set straight.
- [28:19] How Brian defines success.
- [29:18] Connect with Brian.
Notable Quotes
-
"Recession resistance is a great aspect of real estate… you just have to be willing and know that sometimes it might take a touch longer than you want it to" - [Brian Armstrong]
-
"I've never seen any deal go hundred percent smoothly where nothing bad happened" - [Tim Little]
-
"That's what separates the good and the marginal sponsors; it's that they're able to react and pivot in those situations but still keep the deal on track" - [Tim Little]
-
"The research and work for the passive investor comes on the upfront before any money is invested" - [Brian Armstrong]
-
"What folks want today in an apartment isn't the same thing that was built fifteen years ago" - [Brian Armstrong]
-
"Investors should not be shy about asking questions" - [Brian Armstrong]
-
"You may invest with the person that you know, like, and trust but it is so crucial that you look at the team that they're working with" - [Tim Little]
Resources
"Rich Dad Poor Dad" book by Robert Kiyosaki[01:43]
Connect with Brian Armstrong
- Website: www.progresscapitalgroup.com
- LinkedIn: Brian Armstrong, SE [29:27]
- Get Brian's Free eBook: "7 Reasons Savvy Investors Choose Real Estate In Addition to Stocks" [29:44]
Connect with Tim
- On LinkedIn: Tim Little
- Podcast Website: https://journeytomultifamilymillions.buzzsprout.com/
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
* Subscribe, Like, and leave a review!
Episode Summary
Our guest on this episode is Dr. Alex Tam, the founder, and owner of 4 businesses in different fields, including medicine, real estate, staffing, and performance marketing.
Alex is an expert in building businesses from the ground up, motivating teams, and exploiting market opportunities to serve his clients. His company, Zephyr Equity Group has invested in over 500 multifamily units across the US. Realizing the power of delegation, Alex quickly honed in on it, and now helps people train their virtual assistants to master the successful execution of tasks.
In this episode, Alex discusses how his desire for business growth led him to real estate, highlighting how his recognition of needs in the marketplace developed into the different businesses which he runs today.
Alex also expounds on the importance of work delegation as a pivotal tool accounting for his huge success as an entrepreneur in different fields.
Episode Topics
- Starting in real estate with Grant Cardone.
- What did you learn as a passive investor?
- An "aha" moment that proved the profitability of real estate
- Some tax advantages in real estate
- Using virtual assistants to create a balance between different entrepreneurial roles
- A stepwise approach to training virtual assistants
- How would you guide clients into creating the job description for a virtual assistant?
- Alternative investments using self-directed IRAs
- A Red Flag Alex warns about
- A myth about this business he would like to set straight
- How Alex views success
Notable Quotes
-
"Vetting of sponsors is crucial just like you would any other investment" - [Tim Little]
-
"We need to be priming ourselves up to focus on those thousand-dollar-an-hour tasks; the tasks that build our business, not the one that just keeps the wheels on" - [Tim Little]
-
"What can a Virtual assistant not do?" - [Alex Tam]
-
"The more you're able to let go and delegate strategically, the better you're going to be able to do in the long run" - [Alex Tam]
-
"What most people don't know, and this is a huge secret, is that they can actually use self-directed IRAs to invest in real estate" - [Alex Tam]
Resources
“Be Obsessed or Be Average” book by Grant Cardone
“The 10x Rule” book by Grant Cardone
Connect with Alex Tam
- Website: www.zephyrequitygroup.com
- Phone: 775-717-0090
- LinkedIn: Dr. Alex Tam
Connect with Tim
- On LinkedIn: Tim Little
- Podcast Website: https://journeytomultifamilymillions.buzzsprout.com/
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
* Subscribe, Like, and leave a review!
Our guest today is William "Hollis" Hollis, Founder of the Private Equity Firm, 24 Capital Group, and a successful passive real estate investor. Although Hollis had already known he wanted to do real estate since the age of 7, his career didn't kick off till 2018 when he attended a real estate meetup and got involved with wholesale deals in real estate.
Looking to scale and expand more into passive income, he shifted to much larger commercial multifamily real estate investments. He has now developed an interest in helping other people to invest in this lucrative asset class of real estate.
In this episode, Hollis describes his journey from sourcing local real estate deals to investing in commercial multifamily real estate properties for passive income.He describes the mental barriers that hold people back from exploring the more lucrative larger real estate options which are a huge source of passive income.
Episode Topics
- Actualizing a childhood real estate dream
- Did you foresee your process of progression through different levels of real estate?
- The mental block delineating commercial real estate
- Starting the conversation on commercial passive investment opportunities
- A Red Flag for Investors they should look out for
- A myth that Hollis would like to set straight
- How Hollis defines success
Notable Quotes
-
"If you have a single-family home, you're either 100% occupied or 100% vacant" - [Tim Little]
-
"10% of something is better than 100% of nothing" - [William Hollis]
-
"The top 1% in the world all own real estate" - [William Hollis]
-
"It really does come down to 'How much work do you want to do" - [William Hollis]
-
"I try never to tell people what to invest in" - [William Hollis]
-
"Passive investors, know that if you're investing money, you can ask questions" - [Tim Little]
-
"You need to do due diligence on the people you're investing with; on the deals you're investing in" - [William Hollis]
-
"The operator's skin in the game is only a small piece of the puzzle that you should look at when considering deal worthiness" - [William Hollis]
Resources
Connect with William Hollis
· Website:www.24capitalgroup.com
· LinkedIn: William Hollis
· Join William to donate $1000 to charity, visit www.link.24capitalgroup/jtm
Connect with Tim
- On LinkedIn: Tim Little
- Podcast Website: https://journeytomultifamilymillions.buzzsprout.com/
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
* Subscribe, Like, and leave a review!
Today's guest is Matt Dunn, the Founder, and owner of Right Move Properties, a real estate investment firm that specializes in the acquisition and leasing of underperforming multifamily assets within Southwest Florida. The goal of the company is to add value through capital improvement and increased overall property efficiency.
Since starting in real estate in 2017, Matt has grown his portfolio to 142 units worth over 17.8 million dollars. Matt fully quit his W2 in 2020, when cash flow was enough to cover his expenses.
In this episode, Matt shares his views on different approaches to multifamily real estate investing, notably, Joint Ventures and Syndications. He discusses general factors that played a role in his successful journey as an investor, and how he transitioned to real estate full-time.
Episode Topics
- [00:45] Meet our guest, Matt Dunn.
- [01:33] Matt's stepwise approach to real estate by recruiting resources.
- [09:28] Risks in real estate.
- [12:50] Going into a first real estate deal.
- [15:43] About Matt's Joint Venture Deals; defining his core values & key considerations for JV deals.
- [19:13] What has been your role in your JV deals?
- [22:09] Comparing the equity difference in a JV deal to a Syndication.
- [26:33] Matt's complete transition away from his W2 job to real estate; the importance of coaching.
- [30:44] A Red Flag for Investors; the absence of underwriting.
- [32:14] Myth: You need capital to get started; No, add value first.
- [33:18] Matt's View of success is gratitude, adding value, and consistency.
- [34:39] Connect with Matt.
Notable Quotes
-
"It's important that you add value when you're getting started" - [Matt Dunn]
-
"That's a good thing to think about if you getting started; 'where do you fit into a team?" - [Matt Dunn]
-
"I've found that I'll learn a lot more from failure than just reading a book" - [Matt Dunn]
-
"Don't be greedy, don't worry about how much money you're getting paid for that first deal, worry about getting in the deal" - [Tim Little]
-
"The question you want to be asking potential partners… 'what's your preferred hold period?" - [Matt Dunn]
-
"It's the continuous daily growth that defines your success" - [Matt Dunn]
Resources
Connect with Matt Dunn
- Email: matthew@rightmoveproperties.net
- Phone:941-504-0548
- Website:www.rightmoveproperties.net
- LinkedIn: Matthew Dunn
Connect with Tim
- On LinkedIn: Tim Little
- Podcast Website: https://journeytomultifamilymillions.buzzsprout.com/
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
* Subscribe, Like, and leave a review!
Our guest on this episode of the Journey to Multifamily Millions is Jonathan Tonks, Founder and Managing Partner of Provision Space, a real estate investment firm with a goal to generate passive income for its investors through real estate syndications.
Jonathan is passionate about developing leaders through business creation, investing in generational wealth, and playing his part to end homelessness. Although his real estate journey started in 2020, Jonathan now owns nearly 300 units worth over 23 million dollars.
During our discussion, Jonathan describes the intentional process that catalyzed his entry into real estate, identifying factors that played a major role in his early success and his passion for building relationships in real estate.
Key Points From This Episode:
🗝️ House Hacking into the real estate space
🗝️ Why more people don't think about multifamily real estate
🗝️ How Jonathan leverages skills from his engineering career; creativity, tenacity, and connecting with people
🗝️ Key factors in Jonathan's early success
🗝️ The red flag Jonathan thinks every investor should look out
🗝️ One myth Jonathan would like to set straight
🗝️ Jonathan's definition of success; Character and Integrity earning respect from close people
Notable Quotes
- "It's really hard to be successful in this business if you're not surrounding yourself with like-minded people and people who are smarter and further along than you are" - [Tim Little]
- “I started searching and going to meetups, going to events, meeting real estate professionals, business professionals, and just asking where do you learn to do commercial real estate?" - [Jonathan Tonks]
- "The people that know me the best, respect and trust me the most" - [Jonathan Tonks]
- "Very rarely does success stay static because our goals shouldn't stay static" - [Tim Little]
- “When you go to a conference or you talk with people who have thousands of units, you realize that all these apartment complexes down the street are owned by people no different from me and you.” – [Jonathan Tonks]
Connect with Jonathan Tonks
•Website: www.provisionspace.com
•On LinkedIn: https://www.linkedin.com/in/jonathan-tonks-14b329150/
Connect with Tim
•On LinkedIn: https://www.linkedin.com/in/timklittle/
• Podcast Website: https://journeytomultifamilymillions.buzzsprout.com/
•Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
* Subscribe, Like, and leave a review!
In this episode, our guest is Lior Rozhansky, the Founder and President of Flora Capital LLC, a multifamily investment company. With years of experience in multifamily real estate, Lior has over 30 million worth of assets in Boston through strategic partnerships, starting with his first at the age of 23. He also has experience in real estate Brokerage and runs one of the top firms in the Boston area.
Lior explains how an in-depth knowledge of the real estate properties in his area, allowed him to strategically expand his portfolio into larger projects, especially by leveraging his relationship with local banks. He describes his preference for expensive properties and how he adopted a long-term approach to maximize returns.
Key Points From This Episode:
🗝️ Starting with a long-term perspective
🗝️Growing in expertise to engage in larger volumes of multifamily real estate
🗝️Not being afraid of "Heavy Value Add" projects
🗝️Leveraging relationships with local banks
🗝️Challenges (and benefits) of starting multifamily real estate at a young age
🗝️A Red Flag every investor should look out for!
🗝️A myth about this business Lior would like to set straight
🗝️Lior's definition of success
Notable Quotes
- "It's super rare for young people to understand the value of just holding on to property" - [Lior Rozhansky]
- "I know the blocks in and out and that ultimately is one of my biggest competitive advantages today" - [Lior Rozhansky]
- "It's great to say that this city is doing well but can you really pick that horse within the city that's going to take you the furthest?" - [Lior Rozhansky]
- "Every capital investor needs to have balance in their portfolio" - [Lior Rozhansky]
- "These local banks have so much more flexibility in terms of the terms, rates, and everything else that they can give you because it's their money" - [Tim Little]
Resources
Connect with Lior Rozhansky
· On LinkedIn: Lior Rozhansky
· On Instagram: @lior_rozhansky_re
· On Facebook: The Wealth RE Agent Investor
· Lior’s Free eBook: How to Diligently Passively Invest
Connect with Tim
· Podcast Website: https://journeytomultifamilymillions.buzzsprout.com/
· Subscribe, Rate, and leave a review!
· Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
Noel Liu is a successful Dentist with an entrepreneurial spirit which led to him to found Secure Dental, a General Dentistry Group Practice with 11 branches throughout the Midwest.
Recognizing the tax benefits, Noel started investing in multifamily real estate about a year ago and is Co-GP in a multifamily Syndication deal of 150 doors.
Key Points From This Episode
🗝️ Getting into multifamily real estate to save taxes and make time for family
🗝️Noel's growth as a dental entrepreneur and how he leverages that experience in real estate
🗝️Managing hesitation among investors through education
🗝️What was the motivation to move from being an LP to a GP?
🗝️Building networks by adding value
🗝️The one red flag every investor should look out for!
🗝️Noel's definition of success
Notable Quotes
-"My whole goal was to go passive for my kids" - [Noel Liu]
-"The best way to learn it is to invest it" - [Noel Liu]
-"We always want to make sure the investor is taken care of first" - [Noel Liu]
-"When it comes down to getting on that first deal, you cannot be greedy" - [Tim Little]
-"If you want to do something, add value and show that you can do it, without asking for something in return at first" - [Noel Liu]
-"One deal can change your life" - [Noel Liu]
-"Even if you don't have a whole lot of experience, who do you align with?... cos you can leverage their experience when pitching yourself to others" - [Tim Little]
-"Time is the one thing that we can't make more of, so being able to get more of that back is invaluable" - [Tim Little]
-"If you're on the fence or still thinking about it, it's never a good time to make a hard decision" - [Noel Liu]
Resources
Connect with Noel Liu
•Noel’s Email: Noelliudds@gmail.com
•Noel’s Website: www.noelliudds.com
Connect with Tim
•Podcast Website: https://journeytomultifamilymillions.buzzsprout.com/
•Subscribe, Rate, and leave a review
•Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
In this episode of the Journey to Multifamily Millions Podcast, we let you be in the passenger seat for an insightful conversation with our guest as he shares stories from his years of experience in commercial real estate lending.
I interview Russell Nova, a Principal at Cornerstone Capital Group and MTN Investment Group, who shares insight on crucial aspects that are key to success in the multifamily market and lays out some strategies for gaining access to funding.
The discussion covers how different financing options can reduce risk and increase returns. Also discussed are some common mistakes made by investors that could have been prevented by utilizing better financing & rate caps, how they affect your investment strategy, and the importance of designating an investment goal and having an exit plan.
Key Points From This Episode
🗝️ The competitive advantage of Cornerstone Capital as a debt and equity provider
🗝️ Why investors must identify their investment goals
🗝️ The importance of rate caps in today's environment
🗝️ The red flag every investor should look out for when choosing a market
🗝️ How multifamily is not a get-rich-quick game, it's a get wealthy over time strategy
Notable Quotes
-
"The Real work doesn't start until you close" - [Russell Nova]
-
"No matter what, our main objective is to ensure that every sponsor gets to the closing table" - [Russell Nova]
-
"If you ask me or any other investor or any other operator, a 35% return in 18 months is healthy on its own" - [Russell Nova]
-
"What a rate cap does is it's a yield bond that protects you against any kinds of increases in the rate" - [Russell Nova]
-
"Debt is not to be feared, debt is to be understood" - [Russell Nova]
-
"The problem with tertiary markets is that you don't necessarily know if they're going to grow" - [Tim Little]
-
"Once you get into it, you'll realize that it's not about the 'now', it's about later… you're building for the future" - [Russell Nova]
**Resources
Watch on YouTube**
- https://youtu.be/vExp5GUryhU
Connect with Russell Nova
- Russell’s Email: russell@csg-ny.com
- Russell’s Website: www.csg-ny.com
- Operation’s Website: www.mtninvestmentgroup.com
- Russell’s Phone No: 917-5591-820
Connect with Tim
- Podcast Website: https://www.zanainvestments.com/podcast
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate.
- Email – Tim@zanainvestments.com
- On LinkedIn - https://www.linkedin.com/in/timklittle/
In this episode, I have a chat with the “Cost Seg King” Yonah Weiss, Business Director for Madison SPECS and multifamily investor.
Yonah discusses Cost Segregation as a tool that helps owners save millions of dollars on taxes by creating “paper losses”. 💵
He also shares some of the secrets to, and benefits of, becoming a LinkedIn influencer. This episode is packed with pearls of wisdom for passive and active investors! 🦪
Key Points From This Episode
🗝️ What is Cost Segregation?🗝️ What is Bonus Depreciation?🗝️ How tax savings benefit passive investors🗝️ The risks of Depreciation Recapture🗝️ About Yonah's success as a LinkedIn influencer🗝️ Adding value through social media
Notable Quotes
- "The majority of people I talk to have never heard of cost segregation" - [Yonah Weiss]
- "Probably the greatest advantage when it comes to tax strategy is deferrals" - [Yonah Weiss]
- "Being an influencer is about highlighting other people" - [Yonah Weiss]
- "The best type of post in my opinion are ones that ask questions" - [Yonah Weiss]
- "I'm not seeing any slowing down; I see people every single day buying real estate" - [Yonah Weiss]
- "You can find deals and you can make money in any environment...recession included" - [Tim Little]
Connect with Yonah Weiss
- Yonah on LinkedIn [37:21]
- Yonah’s Podcast [01:07]
- Yonah’s Website: www.yonahweiss.com [37:43]
Connect with Tim
- Podcast Website: https://www.zanainvestments.com/podcast
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate.
- Email – Tim@zanainvestments.com
- On LinkedIn - https://www.linkedin.com/in/timklittle/
Our guest on this episode is Ryan Corcoran, the Founder, and CEO of Specialized Property Group (SPG), a real estate investment company that focuses on multifamily investment properties.
As a physician's assistant in his W-2, he combined his passion for helping people with the ability to positively impact communities. Now the owner of over 157 units throughout Massachusetts, New Hampshire, and Rhode Island, Ryan no longer relies on his w2 income to maintain his lifestyle; he is now a full-time real estate investor.
In this episode, Ryan explains his approach to multifamily real estate, with an emphasis on methods for sourcing real estate deals and implementing creative financing as a pivotal tool in real estate investment funding.
Just a Few of the Key Highlights
🗝️ Multifamily real estate as a starting point; using less personal funds to scale his business
🗝️ Sourcing real estate deals; direct mail consistency and targeting middle ground properties
🗝️ Creative Financing in real estate; raising funds as a beginner with family and friends
🗝️ The myth about multifamily he would like to set straight
🗝️ Ryan's definition of success
Notable Quotes
- "That's why I love direct mail; it creates a longer impression than just random cold call or just a lead from an agent" [Ryan Corcoran]
- "No matter what you do, you're going to get discouraged at first but you've got to keep it rolling" [Ryan Corcoran]
- "Creative Financing is probably the second most important thing any investor needs to learn how to do; the first one being 'find the deal" [Ryan Corcoran]
- "You need money to invest in real estate; the biggest thing I want people to understand is that it doesn't have to be 100% of your own money" [Ryan Corcoran]
Connect with Ryan Corcoran
• Ryan on YouTube (https://m.youtube.com/channel/UCfiMBodAHt4-UFHHYeF3EKw)
• Ryan on Instagram (https://www.instagram.com/rjcorcoran08/?hl=en)
• Ryan on TikTok (https://www.tiktok.com/@rjcorcoran08)
• Ryan on Facebook (https://m.facebook.com/ryan.corcoran.180)
Connect with Tim
Podcast Website: https://www.zanainvestments.com/podcast
Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate.
Email – Tim@zanainvestments.com
On LinkedIn - https://www.linkedin.com/in/timklittle/
On this episode we have Brian Briscoe, the Founder of Streamline Capital group, and host of the “Diary of an Apartment Investor” Podcast. Following his retirement from the US Marine Corps, Brian became a full-time apartment investor, taking up the roles of Lead Sponsor, Asset Manager, Capital Raiser, and Key Principal in over 655 multifamily units worth over 50 million.
He now runs a subscription-based multifamily education community called the Tribe of Titans, to help aspiring investors learn the game and network with like minds to grow their apartment investing businesses.
Brian talks about his work and passion for educating people in multifamily real estate investing, his military career which put him on the path to discovering his passion, as well as his podcast.
Just a Few of the Key Highlights
🗝️ Brian's entry to real estate notarizing investing documents for others
🗝️ The importance of financial education for military members
🗝️ Transitioning from "Brian the Marine" to "Brian the Apartment Investor"
🗝️ The benefits and dangers of the "burn the boats" mentality
🗝️ The myth about multifamily he would like to set straight
🗝️ Brian's definition of success
Notable Quotes
- "You really need to take a look at your finances and you may want to think about saving some money when you're on deployment"
- "Coaching will help you accelerate your success but you have to be driven for coaching to work"
- "I put a lot of time and effort thinking about who I was, I see a lot of people who retire and can't give up the military"
- "People say that the W2 paycheck is a drug, and there were withdrawal symptoms"
- "If you don't have investors lined up, it doesn't matter how good that deal is, the money is not going to be there"
Resources
- “Rich Dad Poor Dad” book by Robert Kiyosaki and Sharon Lechter [05:42]
- The “Diary of an Apartment Investor” Podcast [01:02]
Connect with Brian Briscoe
- Brian on LinkedIn[34:24]
- To learn more about passive investing; Streamline Capital Group. [00:34]
- To learn more about syndications; Tribe of Titans [00:50]
Connect with Tim
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate.
- Email – Tim@zanainvestments.com
- On LinkedIn - https://www.linkedin.com/in/timklittle/
- Subscribe, Rate, and leave a review!
Our guest on this episode is Andrew Rosenberg, a passive investor in real estate, who live in Hawaii with his wife and son. His journey started with investing in duplexes and single-family homes following the financial crisis, after which he transitioned to passively investing and now is invested in over 23 syndications totaling over 3400 units.
In this episode, Andrew explains the necessary considerations passive investors need to make when they start out investing in multifamily. He also emphasizes the need for deal sponsors to have effective communication and transparency when dealing with investors.
Episode Topics
- [00:36] Meet our guest on this episode, Andrew Rosenberg.
- [01:28] Getting started in real estate; the huge role of network meetups and transitioning from single-family units.
- [07:58] Andrew's first passive real estate deal; learning the importance of the rental management side in a deal.
- [15:06] How to vet sponsors and deals.
- [27:45] Red flag; An exit cap rate that's lower than the entry cap rate.
- [30:26] Myth; The idea that anything in life is passive.
- [33:42] Andrew's definition of success is continuous learning and having fun while making money.
- [35:52] Connect with Andrew.
Notable Quotes
-
"That's why I like that people should own at least one single-family prior to multifamily investing as a syndicator because you have a better appreciation that life just doesn't happen in an orderly fashion"
-
"The property is great; that's an asset but if you don't run it right, it doesn't work"
-
"If you can't buy the rate cap, it implies to me your deal is too skinny, and we don't need a skinny deal"
-
"In the long run, it's better to get the right investors matched with the right deal"
-
"Bad news doesn't get better with time; when things happen, there cannot be silence"
-
"The idea that anything in life is passive is kind of a misnomer"
-
"Most people would spend more time picking a refrigerator than they are going to spend on picking an investment"
-
"Work is work if you don't like what you're doing, or you're doing it for a paycheck"
-
"Time is the most valuable currency; you know the federal reserve can't print more of it"
Connect with Andrew Rosenberg
· Andrew on LinkedIn: https://www.linkedin.com/in/andrew-rosenberg-791a0a202/
· Email - andrew@hawaiicourtreporters.com
Connect with Tim
· Subscribe, Rate, and leave a review
· Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
The Journey to Multifamily Millions podcast aims to equip listeners with substantial knowledge in multifamily real estate investing, sharing inspiring experiences from experts well-versed in the different stages of wealth creation through real estate. The show is hosted by Tim Little, the Founder and CEO of ZANA Investments.
On this episode, we have Ismael "Rey" Reyes, an active residential real estate investor since 2005. Leading MI Real Estate in the acquisition of over 900 units valued at over $100M, Rey now solely focuses on multifamily real estate and provides independent consulting to multifamily investors. He is also a best-selling author based on his book “BLUF: The Bottom Line Up Front about Passively Investing in Multi-family Properties".
Rey describes the role of his military career in starting his real estate journey. Based on his experience going into multifamily real estate investing since 2016, Rey notes important factors to evaluate when transitioning to real estate either as a passive or active investor.
[01:37] How Rey's military career engineered his journey into real estate
[09:04] About Syndication; How to passively invest in syndications
[15:45] Transitioning from W2 jobs to entrepreneurship
[21:03] How Rey scaled his real estate business
[25:57] Key considerations for passive and active investors
[29:37] The importance of vetting the other organizations and partners in a real estate deal
[32:20] Myth: Real estate is fast money.
[34:49] Rey's definition of success.
[37:43] Connect with Rey
Resources
- Rey’s book: “BLUF: The Bottom Line Up Front about Passively Investing in Multi-family Properties”
Connect with Ismael "Rey" Reyes
- Rey’s websites – www.ismaelreyreyes.com / www.mirealestate.us
- Email - ismael.r@mirealestate.us
- On LinkedIn - www.linkedin.com/in/ismaelreyreyes
- On YouTube - www.youtube.com/c/ismaelreyreyes
- On Instagram - @ismaelreyreyes
- On Twitter - @m_i_realestate
- On Facebook – TheIsmaelReyReyes
Connect with Tim
- Podcast Website: https://journeytomultifamilymillions.buzzsprout.com/
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate.
- Email – Tim@zanainvestments.com
-
On LinkedIn - https://www.linkedin.com/in/timklittle/
-
Don't forget to like 👍 and Subscribe!
Today's guest is Dhanesh Shelat, Co-Founder of Reilvest, a company that allows people to invest in commercial real estate without being a landlord.
In this episode, Dhanesh describes his entry into real estate, highlighting pivotal learning points from his journey, with emphasis on the uniqueness of multifamily investing and how to approach it.
Episode Topics
- [01:19] About Dhanesh's background; getting started in real estate.
- [07:30] Realizing the critical role of appraisal in managing property.
- [10:15] What is "Turnkey" Investing?
- [11:32] Transitioning from single to multifamily real estate.
- [13:57] Evaluating income goals in multifamily investing.
- [21:36] Multifamily is a long-term team relationship.
- [24:20] One red flag every investor should look out for.
- [25:51] Dhanesh's advice to every multifamily investor.
- [28:58] Dhanesh shares his definition of success.
- [30:34] Connect with Dhanesh.
Notable Quotes
-
"I'm a firm believer that we learn a lot more from our mistakes than we do from our successes" (Tim Little)
-
"Most people are interested in real estate but they're not actual real estate investors because they've never done anything with all the knowledge they acquire" (Tim Little)
-
"By increasing the operations of a property, you can have an exponential result on the valuation of the actual property" (Dhanesh Shelat)
-
"You've got to get out of the income mindset a little bit if you're investing in multifamily" (Dhanesh Shelat)
-
"In multifamily, it is a team sport" (Tim Little)
-
"Definitely Google who you're investing with" (Dhanesh Shelat)
-
"The key to happiness is progress, and happiness for me is Success" (Dhanesh Shelat)
Resources
· "The ABCs of Real Estate Investing" book by Ken McElroy [12:00]
· "The Hands-Off Investor" book by Brian Burke [12:48]
· www.activecampaign.com/sales-crm [23:14]
· www.hubspot.com/products/crm [22:50]
· www.boomeranggmail.com [23:20]
Connect with Dhanesh Shelat
· At www.reilvest.com/tim (Free Resource!) [30:52]
· On LinkedIn - www.linkedin.com/in/dhanesh-shelat/ [30:42]
Connect with the Host
· Podcast Website: https://journeytomultifamilymillions.buzzsprout.com/
· Subscribe, Rate, and leave a review wherever you listen!
· Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
