Episodes

Investing your hard-earned money is a risky business. There’s no such thing as an unattractive proforma, but a lot of things can go wrong. With interest rates rising and operational expenses on the rise, NOI’s may decrease and cap rates may increase. Today's guest, Jeremy Roll, President of Roll Investment Group, has been a conservative investor for several years and continues to see caution signs in today’s market. Learn more at https://www.streetsmartsuccess.com

There are literally hundreds, if not thousands of Real Estate syndicators you can invest with. But how do you know which ones you can trust and which deals to invest in? There’s a lot of risk in these deals so it’s good to have a system. Today’s guest, Sam Giordano, a New Jersey physician and Co-Founder of PassiveAdvantage.com, has developed a system for evaluating Multi-family deals that will help you mitigate risk and avoid common mistakes. Learn more at https://www.streetsmartsuccess.com

If you’re looking for an asset class that is recession resistant and poised for huge growth, look no further than Assisted Living. Over 10,000 Baby boomers turn 75 every day. Today’s guest, Loe Hornbuckle, CEO of Sage Oak Assisted Living and Memory Care, is passionate about helping seniors and started out by converting a single family home into an Assisted Living facility. Loe now has six, eight bed homes and is doing ground up construction of much larger facilities. Learn more at https://www....

A lot of focus in Real Estate has been on Multifamily, Self-Storage, Mobile Home Parks, Industrial, and other like asset classes. But one asset class you don’t hear about very often is land. Yet the opportunities to buy and hold or to flip land are immense. There are 1.9 billion acres of land in the US and only 6% of it is developed. Billionaires like Ted Turner, the Ford family and Jeff Bezos are buying as much as they can. Today’s guest, Jeanette Amayo, went from a being a manager at Starbu...

Even through covid, some hotels have performed well, especially ones with great locations, like being near a busy highway. Ecommerce kept truckers on the roads and they needed places to stay. The same thing applied to traveling sports teams and other groups who continued to travel as part of their lifestyle. Today’s guest, Mike Stohler, Managing Partner of Gateway Private Equity Group, transitioned out of multifamily in Phoenix back in 2017 into hotels and has been building a successful hotel p...

When buying existing properties becomes too cost prohibitive, you may need to pivot to new development. Whereas cap rates on existing properties in desirable markets may have plummeted to as low as sub 4%, cap rates on ground up development can be as high as 10%, even in growing markets. Today’s guest, David Kislin, Owner at JEL Development, is doing small, infill residential ground up projects in South Florida and is generating great returns. Learn more at https://www.streetsmartsuccess.c...

Is LoopNet the place where all good deals go to die? This may be the case generally, but like most other things, there are exceptions if you’re willing to be diligent. Today’s guest, Larry Murray, Founder of Ivory Wolf Properties, a newer entrant into Multifamily syndication, found a great deal in Little Rock on LoopNet that’s in the middle of a successful lighter value add and he utilized a Whole Life insurance policy as a source of his funding. Learn more at https://www.streetsmartsuccess.co...

Investing in Real Estate can be very profitable. It can also be very risky. A lot of people have lost money over the years, especially when they’ve gotten involved with the wrong people. Today’s guest, Jim Pfeifer, Founder of Left Field Investors, has created a networking group that provides excellent education and resources to help people avoid common pitfalls and mistakes that can cost them a lot of money. Learn more at https://www.streetsmartsuccess.com

How high can Real Estate go? With inflation and rents climbing, and interest rates still at historic lows, prices continue to climb. Even after a torrid first half of 2021, prices continue to climb and there’s been compression between C, B, and A classes. Today’s guest, Todd Dexheimer, Co-Founder of Endurus, has had great success over the past few years and still firmly believes in cash flowing, Value Add Real Estate as long it’s the right opportunity. Learn more at https://www.streetsmartsucc...

The short-term rental market has exploded and investment returns in this asset class can be much higher than other residential real estate. Today’s guest, Ryan Scott, Managing Director of Aspire Fund, is developing tiny home communities in Opportunity Zones with short-term rentals. It’s an incredible way for investors in 1031 exchanges to defer taxes and get incredible returns on their investment. Learn more at https://www.streetsmartsuccess.com

You can live like a king on as little as $1,500/mo in a tropical paradise if you’re willing to experience a little adventure. Now that people are working from anywhere, they’re moving to places where they can live pennies on the dollar compared to the U.S. Today’s guest, Mike Cobb, Chairman of ECI Development, builds and finances homes countries such as Costa Rica, Nicaragua, Panama, Belize and El Salvador. Learn more at https://www.streetsmartsuccess.com

If you’re willing to do what others aren’t, there can be gold in them hills. Today’s guest, Arthur Drozd, has found incredible value with multifamily properties that have complex challenges. Arthur is highly skilled at finding opportunities and finding the right teams. Arthur is also the founder of ReadyLendGo.com., a one stop website aggregator of commercial Real Estate loans. Learn more at https://www.streetsmartsuccess.com

There’s stable cash-on-cash returns in many real estate assets, but returns on car washes can be extraordinarily high. You just need the right car wash, in the right location, with the right management. Today’s guest, Steff Boldrini, Principal at Monte Carlo Real Estate Investments, purchased three car washes in a portfolio that included a self-storage facility in Amarillo, Texas. She’s doing extremely well despite some bumps and bruises along the way. Learn more at https://www.streetsmartsucc...

When buildings are being priced at above replacement cost, that’s when it’s time to build. Today’s guest, Michael Episcope, Principal at Origin Investments, is focusing on ground up multifamily development in the country’s top growth markets. He has a long-term hold strategy to help investors achieve tax efficiency and help them avoid the risk when having to find replacement properties. Learn more at https://www.streetsmartsuccess.com

With asset prices climbing, getting the right financing is becoming a greater challenge. With so little daylight in deals, it’s harder for institutions to finance multifamily apartments. Today’s guest, Terry Painter, President of The Apartment Loan Store, discusses current lending practices and also common mistakes new multifamily investors make when buying their first properties. Learn more at https://www.streetsmartsuccess.com

In the world of operating property, experience trumps all else. There’s just no substitute for someone who’s been operating apartments for almost 25 years, not to mention transparency in how they deal with investors. Today’s guest, Ken Gee, Founder and Managing Partner of KRI Partners, has invested in Florida over the past decade to capitalize on the huge growth of Florida’s employment and population growth. Learn more at https://www.streetsmartsuccess.com

In this era of inflation, hard assets are a way to prevent falling behind. That’s where Real Estate comes into play. Multifamily, in particular, is a great inflation hedge because you can raise rents every year, except in cities with rent control. Today’s guest, Tracy Hubbard, Managing Partner of Hubbard Capital Group, had been in the financial world for many years before identifying Multifamily as a way to generate aggressive returns with a built in hedge against inflation. Learn more at http...

Although institutional money is chasing multifamily in most markets in the country and paying unprecedented low cap rates, there are still viable, smaller markets you can buy properties for $30,000-$40,000/door in good neighborhoods. Todays’ guest, Seth Teagle, Partner and Director of Operations of The Stream Group, has bought several bigger multifamily properties in the Midwest with great cash flow. Learn more at https://www.streetsmartsuccess.com

Good Multifamily deals are getting harder to find as operators are lowering their expectations and willing to overpay for properties. They’re offering higher prices and justifying them because of lower interest rates and the anticipation of continued inflation of rents. Today’s guest, Sterling White, CEO of Sonder Investment Group, is being more selective and patient in his approach to finding the right deals that can cash flow 8-11% and generate mid to higher teen IRR’s. Learn more at https:/...

In the world of multifamily, things change from block-to-block. That’s why hyperfocus on not just a market, but a neighborhood, can generate risk-adjusted ,outsized returns over time. Simply put, all Real Estate is local. Today’s guest, Anthony Vicino, Co-Founder of Invictus Capital, is building an impressive portfolio of properties in the Twin Cities in great infill locations that he’s vertically managing. Learn more at https://www.streetsmartsuccess.com

In the 100+ Multifamily universe, it’s become increasingly difficult to find value regardless of market or asset class. There’s just too much money chasing too few deals. With smaller buildings, however, there’s less competition and way more opportunity for creativity and value-add solutions that generate more attractive returns. Today’s guest, Chris Grenzig, Owner of JAG communities in Jacksonville, Florida, is buying smaller buildings with great returns and plans to gradually scale to large...

When unprecedented amounts of money are chasing so few assets, the result is inflated asset prices like never before. As a result, ground up construction can be a better way to get decent returns. Today’s guest, Jake Harris, Founder and Managing Partner of Harris Bay, looks for unique infill development opportunities in secondary or tertiary markets with the right fundamentals. Jake focuses more on the market versus the asset class in determining which opportunities to pursue. Learn more at ht...

Successful investing requires planning for economic downturns. When the economy takes a hit, more people go to college to prepare for careers. That’s why student housing is a recession proof asset class. Current occupancy levels for student housing in the country’s top university towns is well over 95%. Today’s guest, Fred Pierce, President and CEO of Pierce Education Properties, is one of the country’s top student housing operators with over 30,000 beds. He’s acquiring more in popular college ...

When you have a reduction in supply, an increase in demand, and the most affordable housing option, you have an incredibly durable asset class. Ma and Pa operators all over the country are selling their parks as they reach retirement age. Since 3rd party management hardly exists in Mobile Home Parks, there’s lots of great Value-Add deals to be had. Today’s guest, Mario Dattilo, Co-Founder of Real Estate Acquisitions USA, is acquiring an impressive portfolio of Mobile Home parks in Florida and...