Welcome to the Due Diligence Show, a new Best Ever series featuring deep dives into every aspect of the due diligence process. In this series, our host, Slocomb Reed, will interview expert guests to uncover their stories, tips, and strategies to give you the information you need to master the due diligence process. In this episode, Lance Pederson, co-founder and CEO of Passive Advantage, joins Slocomb to discuss due diligence for limited partners, including questions LPs should be asking GPs, the importance of deal flow, and the myth that experience equals better or more advantageous deals.   SPONSORS: Viking Capital https://www.vikingcapitalinvestments.com/bestever Baselane https://baselane.com/joe

27m

Mar 31

Amy Sylvis, principal at Sylvis Capital, joins host Ash Patel on the Best Ever Show. In this episode, Amy discusses the 800 units she’s recently closed in Dallas, how she broke onto the CRE scene, and the power of networking. She also dives into her process for creating consistent content for social media and her strategy for raising capital on LinkedIn. Repeat Guest: JF2721: How This New Multifamily Investor Closed 4 Deals in First 6 Months ft. Amy Sylvis AMY SYLVIS | REAL ESTATE BACKGROUND __ __ __ __ SPONSORS: Viking Capital https://www.vikingcapitalinvestments.com/bestever Baselane https://baselane.com/joe

8m

Mar 30

On this episode, Travis Watts emphasizes the importance of saving a percentage of take-home pay during working years. Inspired by Mr. Money Mustache (Pete), the episode covers the FIRE movement and suggests increasing savings rate for earlier retirement. It also mentions tools like Baseline for managing finances and investments needed to retire, using a 5% annual return and living on 4% of the portfolio's value as assumptions. SPONSORS: Viking Capital https://www.vikingcapitalinvestments.com/bestever Baselane https://baselane.com/joe

8m

Mar 29

This edition of the Best Ever Roundtable — featuring hosts Ash Patel, Slocomb Reed, and Joe Cornwell — turns into a debate of sorts as the hosts discuss the recently proposed NAR settlement. Ash shares personal stories of realtor experiences, both in residential and commercial, and argues that the proposed settlement could put an end to the “racketeering” and “collusion” that exists in the industry. Socomb and Joe — both brokers — take the other side, with Slocomb defending realtors and Joe highlighting who the biggest losers in the settlement, should it come to fruition. SPONSORS: Viking Capital https://www.vikingcapitalinvestments.com/bestever Baselane https://baselane.com/joe

43m

Mar 28

Ryan Smith, principal at Elevation Capital Group, joins host Joe Cornwell on the Best Ever Show. In this episode, Ryan discusses his upbringing in real estate, investing in mobile home parks and self-storage, and investing through multiple market cycles. He also breaks down the state of self-storage and the four key points he uses in his underwriting process.   Repeat Guest: JF1868: Investor Creates Software To Better Manage Real Estate with Ryan Smith   SPONSORS: Viking Capital https://www.vikingcapitalinvestments.com/bestever Baselane https://baselane.com/joe9

28m

Mar 27

Rob Powell, CEO and Principal of RESOLUT Real Estate, joins host Slocomb Reed on the Best Ever Show. In this episode, Rob discusses how he missed out on building a mobile home park portfolio by having unrealistic expectations and overnegotiating. He also shares his strategy behind buying cash, residential vs. non-residential commercial real estate, and why you should fall in love with the numbers, not the asset. ROB POWELL | REAL ESTATE BACKGROUND __ __ __ SPONSORS: Viking Capital https://www.vikingcapitalinvestments.com/bestever Baselane https://baselane.com/joe

34m

Mar 26

Irwin Boris, senior vice president of investments at Heritage Capital Group, joins host Ash Patel on the Best Ever Show. In this episode, Irwin and Ash nerd out on the nuances of industrial real estate, including small-bay flex, outfitting spaces for unique tenants, why Irwin covets “wheel-and-spoke” markets. Irwin also shares his thoughts on the current economic climate and explains why he’s selling a 500-unit multifamily property despite it not being the best time to sell. IRWIN BORIS | REAL ESTATE BACKGROUND __ __ __ __ SPONSORS: Viking Capital https://www.vikingcapitalinvestments.com/bestever Baselane https://baselane.com/joe

29m

Mar 25

Sandhya Seshadri, a Dallas-based apartment syndicator and asset management coach, shares insights on multifamily property due diligence, focusing on physical, financial, and environmental assessments. With over 1400 apartments under management, she emphasizes hiring third-party experts for unbiased due diligence, examining physical condition, lease agreements, and financials to avoid surprises and ensure projections meet investor expectations SPONSORS: Viking Capital https://www.vikingcapitalinvestments.com/bestever Baselane https://baselane.com/joe

32m

Mar 24

Dave Allred, CEO of Axia Partners, joins host Joe Cornwell on the Best Ever Show. In this episode, Dave — a self-proclaimed deal junkie — discusses how he landed TopGolf on a NNN lease, how he reverse-engineered his goals to achieve lifestyle freedom, and why he’s excited about the opportunity that exists right now. He also explains how, even though his heart is in multifamily, he has expanded by being opportunistic in other asset classes. Repeat Guest: JF2555: Half a Million by 25 with Dave Allred   SPONSORS: Viking Capital https://www.vikingcapitalinvestments.com/bestever Baselane https://baselane.com/joe

37m

Mar 23

Andrew McNair, president and founder of Swan Capital, joins host Ash Patel on the Best Ever Show. In this episode, Andrew discusses the danger of investing with syndicators with short track records, working with (and marketing to) retirees, and the power of diversification. He goes on to discuss how, as a fund manager, he’s vetted syndicators in the past, and how that process has changed over time during a challenging economic climate. ANDREW MCNAIR | REAL ESTATE BACKGROUND __ __ __ __   SPONSORS: Viking Capital https://www.vikingcapitalinvestments.com/bestever Baselane https://baselane.com/joe

35m

Mar 22

In todays episode, Travis Watts emphasizes the importance of diversification, understanding market trends, and the value of patience and consistent investing strategies to achieve long-term financial success. SPONSORS: Viking Capital https://www.vikingcapitalinvestments.com/bestever Baselane https://baselane.com/joe

12m

Mar 21

Welcome the the Best Ever midweek news brief, a new series where we will highlight the top headlines CRE investors should be paying attention to this week, followed by a deep dive on a larger news topic or trend alongside a CRE expert. TODAY’S HEADLINES: __ __ __ __ __ __   TODAY’S GUEST: Has the CRE market hit the bottom? Some big players seem to think it has. Goldman Sachs said last week that it’s ready to start actively investing in commercial real estate again, and Blackstone is on the bandwagon, too. According to Blackstone President Jon Gray, the time to make a move is not after interest rates come down, but before. He also says that as investors, sometimes, you can miss the bottom by being overly cautious, and he believes that now is probably a good time to move fast and buy real estate before rates come down. Logan Freeman, co-founder and principal at FTW Investments, joins host Paul Mueller to discuss.   LOGAN FREEMAN | REAL ESTATE BACKGROUND __ __ __ __ __ __   SPONSORS: Viking Capital https://www.vikingcapitalinvestments.com/bestever Baselane https://baselane.com/joe

34m

Mar 20

Igor Shaltanov and Nikita Volchek, founders of Avista Fund, join host Slocomb Reed on the Best Ever Show. In this episode, Igor and Nikita discuss the nuances of operating a fund, including how they align the interests of the investors and fund managers and how funds can negotiate favorable terms for investors. IGOR SHALTANOV AND NIKITA VOLCHEK | REAL ESTATE BACKGROUND __ __ __ __ SPONSORS: Viking Capital https://www.vikingcapitalinvestments.com/bestever

32m

Mar 19

Zamir Kazi, CEO of ZMR Capital, joins host Slocomb Reed on the Best Ever Show. A college dropout who learned how to renovate properties by watching YouTube, Zamir now has 50 properties with more than 10,000 units under management. In this episode, Zamir discusses the “perfect storm” that has given rise to distress, his 200-plus unit buy box, and why he’s being patient and waiting for the right time — which he says is coming — to buy in the face of the wave of upcoming distress. ZAMIR KAZI | REAL ESTATE BACKGROUND __ __ __ __   SPONSORS: Viking Capital https://www.vikingcapitalinvestments.com/bestever

21m

Mar 18

Charles Seamen, a real estate syndicator focused on multifamily, joins host Slocomb Reed on the Best Ever Show for another installment of the Due Diligence Show. In this episode, Charles highlights five crucial steps in financial due diligence — steps that could cost you BIG if you skip them or don’t execute them properly. These include reviewing lease audits (and evaluating them properly), reviewing service contracts, what’s actually included in the sale (tools, equipment, inventory, etc.) and more.  SPONSORS: Viking Capital https://www.vikingcapitalinvestments.com/bestever

24m

Mar 17

Neil Wahlgren, a partner at MAG Capital Partners, joins host Ash Patel on the Best Ever Show. In this episode, Neil discusses risk mitigation in single-tenant industrial, focusing on the importance of credit analysis and vetting a business’s financials. He also evaluates the current industrial real estate market, the state of industrial lending, and explores how his firm handles expiring leases for long-term tenants.   NEIL WAHLGREN | REAL ESTATE BACKGROUND __ __ __ __   SPONSORS: Viking Capital https://www.vikingcapitalinvestments.com/bestever

35m

Mar 16

Chad King, CEO and founder of Titan Capital Group, joins host Ash Patel on the Best Ever Show. In this episode, Chad discusses his GP portfolio, which consists of $106 million AUM across multiple asset classes. An expert underwriter, he also shares his strategy behind losing out on deals today to buy distress tomorrow, how to buy right in self-storage, and the opportunity available now in the office sector. CHAD KING | REAL ESTATE BACKGROUND __ __ __ __ SPONSORS: Viking Capital https://www.vikingcapitalinvestments.com/bestever

26m

Mar 15

On this episode of Passive Investor Tips, Travis Watts discusses the impact of Wall Street and corporations like Amazon entering the single-family real estate market. It covers the advantages for investors and homeowners due to increased demand, but highlights the negatives for first-time buyers and renters competing with major entities.   SPONSORS: Viking Capital https://www.vikingcapitalinvestments.com/bestever

8m

Mar 14

JD Gray, president of Cadon Ridge Advisors, joins host Joe Cornwell on the Best Ever Show. In this episode, JD shares how he got started in real estate, including the importance of finding a great mentor and cutting his teeth on a value-add self-storage deal. He also discusses using debt and equity to scale into bigger projects, his direct-to-seller strategy for finding off-market deals, and building relationships with banks to get favorable financing terms. JD GRAY | REAL ESTATE BACKGROUND __ __ __ __   SPONSORS: Viking Capital https://www.vikingcapitalinvestments.com/bestever

34m

Mar 13

Linda Lim, founder and CEO of Essential Element Capital, joins host Slocomb Reed on the Best Ever Show. In this episode, Linda discusses shifting your strategy when deals don’t pencil, the nuances of investor relations in a challenging economy, how investor sentiment has changed in value-add multifamily, and anticipating market shifts in 2024-25.   LINDA LIM | REAL ESTATE BACKGROUND __ __ __ __ SPONSORS: Viking Capital https://www.vikingcapitalinvestments.com/bestever

23m

Mar 12

Danny Bramer, founder of The Cash Flow MD, joins host Ash Patel on the Best Ever Show. After an autoimmune condition robbed him of his ability to practice anesthesiology, Danny turned to real estate investing. In this episode, Danny discusses operating a fund of funds, the nuances of raising capital from physicians, and the questions passive investors should ask before investing in a fund of funds. DANNY BRAMER | REAL ESTATE BACKGROUND __ __ __ __   SPONSORS: Viking Capital https://www.vikingcapitalinvestments.com/bestever

35m

Mar 11

In this kickoff episode, Dax Ferguson, CEO of Heritage Construction and Consulting Services, joins Slocomb to discuss the most common due diligence mistakes investors make, including skipping units during a unit walk, not scoping plumbing lines, not doing a thorough lease audit, and more.   SPONSORS: Monarch Money https://monarchmoney.com/BESTEVER My1031Pros https://www.my1031pros.com/bestever Viking Capital https://www.vikingcapitalinvestments.com/bestever

35m

Mar 10

On this episode of the Best Ever Podcast, Ash Patel interviews Anders Jacobson, CEO of Brighton Capital, shares his journey from a 13-year sales career to building a portfolio of over 2,500 multifamily units. He discusses the importance of getting started in real estate and the role of syndication in his success. Anders also highlights the significance of addressing pain points for investors and the power of storytelling in sales and real estate. He offers advice on attracting new investors through social media and networking events. Anders emphasizes the value of adding free content and providing genuine value to others. He encourages individuals to overcome limiting beliefs and start taking action in real estate.   TAKEAWAYS: __ __ ANDERS JACOBSON | REAL ESTATE BACKGROUND __ __ __ __   SPONSORS: Monarch Money https://monarchmoney.com/BESTEVER My1031Pros https://www.my1031pros.com/bestever Viking Capital https://www.vikingcapitalinvestments.com/bestever

29m

Mar 09

In this episode of Multifamily Fundamentals, Matt Faircloth focuses on strategic insights into when and how to sell multifamily real estate, emphasizing the importance of timing for exit strategies, the considerations for holding vs. selling, and preparing multifamily properties for sale to maximize returns. It provides a comprehensive guide on navigating the selling process, including evaluating market conditions, dealing with encumbrances, and leveraging broker relationships for successful transactions. SPONSORS: Monarch Money https://monarchmoney.com/BESTEVER My1031Pros https://www.my1031pros.com/bestever Viking Capital https://www.vikingcapitalinvestments.com/bestever

58m

Mar 08

Travis Watts discusses the choice between discipline or regret in investing, emphasizing the importance of discipline for financial success. He reflects on personal family experiences to highlight the value of time over money, advocating for a life of freedom and fulfillment through wise investing.   SPONSORS: Monarch Money https://monarchmoney.com/BESTEVER My1031Pros https://www.my1031pros.com/bestever Viking Capital https://www.vikingcapitalinvestments.com/bestever

12m

Mar 07

On todays episode, Joe Cornwell interviews Christion Sadler. Christion Sadler is an award winning real estate entrepreneur based out of Salt Lake City, Utah. With over 18 years as an independent real estate investor, Christion has bought, sold, and managed projects spanning many asset classes including single family, multi family, commercial, and land. CHRISTION SADLER | REAL ESTATE BACKGROUND __ __ __ __ SPONSORS: Monarch Money https://monarchmoney.com/BESTEVER My1031Pros https://www.my1031pros.com/bestever Viking Capital https://www.vikingcapitalinvestments.com/bestever

29m

Mar 06

Gideon Pfeffer, CEO and managing partner at The GSH Group, joins host Slocomb Reed on the Best Ever Show. In this episode, Gideon discusses his pivot from investing in single-family homes to the multifamily space, investor sentiment and what he’s seeing in 2024, and why the “Stay Alive Till ‘25” approach is beginning to wane.    GIDEON PFEFFER | REAL ESTATE BACKGROUND __ __ __ __ SPONSORS: Monarch Money https://monarchmoney.com/BESTEVER My1031Pros https://www.my1031pros.com/bestever Viking Capital https://www.vikingcapitalinvestments.com/bestever

32m

Mar 05

Ravi Gupta is a managing partner and COO at Viking Capital Investments, a multifamily syndication company. Today, he joins host Ash Patel on the Best Ever Show. Ravi is a trained physician who, with his partner, Vikram Raya, went from investing as a hobby to raising more than $230 million in equity and acquiring more than $800 million in real estate. In this episode, Ravi discusses the mindset shift that must happen to pivot from your W2 job to being a syndicator or full-time investor, having an impact by improving communities through multifamily investing, and why the biggest opportunity in multifamily is available right now.   RAVI GUPTA | REAL ESTATE BACKGROUND __ __ __ __   SPONSORS: Monarch Money https://monarchmoney.com/BESTEVER My1031Pros https://www.my1031pros.com/bestever Viking Capital https://www.vikingcapitalinvestments.com/bestever

31m

Mar 04

Vicky Schiff, CEO at Avrio Management, joins host Joe Cornwell on the Best Ever Show. In this episode, Vicky — a CRE entrepreneur and Adjunct Professor of Real Estate at Pepperdine Graziadio Business School — discusses preferred equity, its place in the capital stack, and the opportunity it presents for investors in the current CRE landscape. She illustrates this by breaking down a specific case study and goes on to discuss how rising interest rates have given rise to pref equity, all while explaining what’s really happening in the world of multifamily distress.   Previous Episode VICKI SCHIFF | REAL ESTATE BACKGROUND __ __ __   SPONSORS: Monarch Money https://monarchmoney.com/BESTEVER My1031Pros https://www.my1031pros.com/bestever Viking Capital https://www.vikingcapitalinvestments.com/bestever

27m

Mar 03

Best Ever Show hosts Ash Patel and Joe Cornwell convene for a two-man Best Ever Roundtable. In this episode, Ash and Joe discuss the differences between screening tenants for commercial properties vs. residential, including the difficulties they’ve faced and mistakes they’ve made. They also dive into mindset tactics to overcome fear and imposter syndrome, strategies for working with mentors and accountability partners, and where they think the real estate market is going — and how they plan to adjust accordingly. To cap it off, Ash shares what he thinks will be the hidden catalyst that could get real estate back on track in 2024.   SPONSORS: Monarch Money https://monarchmoney.com/BESTEVER My1031Pros https://www.my1031pros.com/bestever Viking Capital https://www.vikingcapitalinvestments.com/bestever

37m

Mar 02