Episodes

As inflation has taken a big bite out of renter’s pocketbooks, delinquencies on C Class apartments have increased, and prices on these assets have come down. In the next couple years, a lot of inexperienced operators who bought these properties and not significantly improved Net Operating Income, will have trouble getting extensions on their loans. This will result in great buying opportunities for experienced operators to acquire these assets at reduced prices. John Cohen, Founder and owner of ...

In most tertiary markets in the Midwest, there’s been very little new building of multifamily housing in many years. Therefore, buildings in many of these markets have very high occupancy levels. These markets also tend to have smaller, ma and pa management, so there’s a lot of opportunity to reduce operational costs and raise rents, thereby improving Net Operating Income and creating great cash flow. Seth Teagle, Principal of The Stream Group, a vertically integrated multi-family operator, has ...

When making investments in Real Estate, the most important consideration is who you’re investing with. Proformas are always enticing, but the differentiator is the operator. More than the ability to judge the merits of a specific deal, a successful investors’ most important skill is being able to accurately vet operators. Matt Burk, Chairman of Fairway America, has consulted hundreds of Real Estate entrepreneurs in helping them form their own funds, including how to identify credible sponsors. T...

Unlike most other asset classes, Mobile Home Parks and Self-Storage facilities have maintained almost all of their value despite interest rates having skyrocketed over the past year. Rents in both asset classes have stabilized, but not decreased. From an investment perspective, these asset categories are still highly fragmented with greater than 70% owned by individuals or families. Matt Ricciardella, Principal and Managing Partner of Crystal View Capital, has mastered the art of acquiring these...

The most successful Real Estate investors determine when to invest in order to generate the highest returns. In a market where asset prices have skyrocketed, there are greater gains to be made in ground up development and land. In pursuing these opportunities, it’s critical to find the right people to execute the business plans. These projects require problem solving to the extreme, so the people involved make the whole difference. Hemal Badiani, Founder and CEO of Exponential Equity, started ac...

Investing in single family dwellings and three to four-unit apartments can generate cash flow and appreciation, but they tend to be time consuming to manage. If you want to better leverage your time and your capital, it can be more profitable to invest in larger syndications for economies of scale and better returns. Dan Rowley, a Real Estate principal and passive investor, has invested in over 25 passive deals with a dozen sponsors. The lion share of these deals have performed as expected, or e...

No matter what the economic trends, there’s always an opportunity to make money. You just need to see where the market’s heading. It’s not always in synch with the media and where everyone else is investing. Bob Fraser, Founder and Principal at Aspen Funds, has a very successful debt fund which has provided investors predictable, monthly cash flow for several years. Bob is also offering great opportunities for his investors to participate in other attractive asset classes including neighborhood ...

Contrary to all the success stories, Real Estate is a hard business that requires resilience in order to be successful. It’s not a matter of if things will go wrong, it’s a matter of what will go wrong and when, and how you deal with them. That’s why it requires grit in order to prevail in the long term. David Mcillwain, Founding Partner & Managing Principal of MAC Assets, has learned from hard knocks many of the lessons it takes to be successful and costly mistakes that need to be avoided. MAC ...

Operating properties directly makes sense for people who want to be hands-on in the daily operations of a property and who have the time and experience to be successful at it. There are many cases, however where people acquire properties and then encounter hidden challenges like bursting pipes, termites, cockroaches and other unforeseen headaches. That’s why many people are better off and able to get better returns investing in other people’s deals. After the due diligence of an operator, and th...

Real Estate is a local business that requires intimate knowledge of a market. This knowledge, plus being an expert on the daily nuts and bolt of operations, mitigates risk. Further risk is mitigated by in-house management to make sure no corners are cut, expenses are managed tightly, and tenant maintenance requests are responded to promptly. With all these things in place, plus assets acquired patiently at the right price with fixed debt, investors will most likely not lose money. Dave Codrea, P...

It’s no secret that precipitously rising interest rates took many Real Estate operators by surprise, especially those who utilized shorter-term floating debt. As their loans are coming due and they’re being confronted with the reality of much higher rates, many operators are lowering or stopping investor distributions. Over the next several months and quarters, there are operators who will have to raise very expensive rescue capital, conduct capital calls from existing investors. or in worse-cas...

If you’re willing to be patient and methodical with passive investing, and avoid undue risk, the rewards will compound over time beyond your wildest expectations and change your life. It just takes delaying gratification, keeping your living expenses below your income, investing in quality assets that appreciate over time, and redeploying capital for continued growth. Today’s guest, Jeremy Roll, left his steady corporate job in 2007 to become a full-time passive investor, and has lived 100% off ...

Unless you have a very long time horizon, in which case time cures a lot of ills, being right on your timing will make you the most amount of money in Real Estate. Although Light Industrial has been white hot over the past few years with few attractive deals, prices are starting to moderate as loans are maturing, and larger institutions are starting to rebalance their portfolios towards more liquid investments. Rich Kent, President and Managing Principal of Avistone, has a steep track record in ...

Property management makes or breaks deals in every asset class, but no asset class is more challenging than large multifamily. There are so many people involved, and so many components to the operations, that things are always going wrong, and the risks are high. Surprisingly, there are not a lot of property management technology solutions for multifamily that address all functions within one app. That’s why Daniel Cunningham, CEO and Founder of Leonardo 247, created an app that principals and p...

Many investors over the years have built portfolios of single family rentals that have ultimately enabled them to quit their jobs and build legacy income for their families. Single family homes in the right neighborhoods can always attract good renters and some stay for many years with not a lot of management required. Dustin Heiner, Founder of Master Passive Income, has built a portfolio of single families in Northeastern Ohio, Houston, and Phoenix since 2006 and never sells a home. Dustin also...

Atlanta is becoming “Hollywood East” as it’s become a hub of film production with over 200 film and TV projects per year. In addition to the film industry, Atlanta has a well diversified and rapidly growing economic base. Over the past several years, Atlanta has boomed in population with now over 6 million residents and housing units aren’t keeping up with population growth. Dr. Jason Balara has started building an impressive multifamily portfolio in Atlanta and is building a formidable team on ...

The most recession resistant asset class in housing is Mobile Home Parks. It’s the least expensive housing option available, and it’s supply constrained because almost no new parks are being built. As an asset class, it actually appreciated during the financial crises of 2008-2009. Bryce Robertson, Founder of investcultiv8, buys smaller parks in the $2M - $5m range with up to 50% vacancy. Because of the smaller size and the scope of the work that needs to be done to improve these properties, the...

There are many opportunities to by large apartment complexes in the middle of the country but certain coastal markets can have less risk. Large California coastal cities tend to stay consistent with high occupancy levels regardless of economic conditions. Rents can contract, but with conservative leverage, you can hold on to a property for the long run and rents come roaring back and with it massive appreciation. Steven Wasylkiw, CEO and founder of Magna Vita Investments, is building a portfolio...

There are many ways avenues to making money in Real Estate but few require as little capital and take as little time to start generating cash as land flipping. By creating a mailer that goes out to land owners within a certain zip code, you can do your first deal within a matter of weeks, and the margins are typically anywhere from 50% to as high as 300% on smaller size deals. It’s common, for example, to buy a piece of land for $5,000 and sell it for $20,000, or to buy a bigger deal for $150,00...

Operating in your own backyard creates operational scale, competitive local knowledge, and access to better deals. All of these significantly reduce risk for operators and investors. Long-term holds of well-located properties in established markets, as well, adds to mitigating risk and heightening returns. Raj Khatiwala, Principal at Eclat Investments, specializes in New Jersey shore markets near where he grew up and currently resides in the summer months. He operates across several asset classe...

When it comes to data sources in Real Estate, everyone has access to the same information, but there are ways to optimize utilization of the data to get higher returns. At Cadre, they’ve developed proprietary software that leverages much of the data available in the Real Estate industry to make better risk adjusted investments for their investors. Dan Rosenbloom, Chief Investment Officer of Cadre, is in charge of the overall strategy for Cadre’s funds which have transacted over 4 Billion in Real...

In the Real Estate ecosystem, there are many capital raisers who bring money to developers in order to get projects off the ground. It’s their job to create value for both the developers and for entities such as family offices and Private Equity firms that are looking to deploy capital for strong returns. Nicholas Horsburgh, founder of Weld Capital Partners, helps developers underwrite, strategize, and formulate their presentations in order to attract institutional capital to their projects.

If you want to earn more while working less, passive investing can be a step in the right direction toward earning financial independence. Many people still aren’t aware of the opportunities to invest directly in Real Estate and other related asset classes that provide monthly or quarterly income that have nothing to do with the stock market. Travis Watts, Director of Investor Education at Ashcroft Capital, has invested in over 50 deals himself, and helps educate investors on ways to safely depl...

Many seasoned Real Estate operators attribute their biggest past mistakes to debt. That’s why it’s so important to structure your financing appropriately in order to avoid devastating pitfalls and mitigate undue risk. Vernon Beckford, CEO of Diversified Lending Solutions, advises Real Estate operators in the complex world of debt in order to maximize existing lending opportunities and achieve the highest probability of success in the way deals are structured while minimizing risk. In addition to...