Investing in private companies versus the public stock market can be a viable option for retirement, but its important to understand the risks involved and evaluate ones risk tolerance. In today’s episode, Bob Grant shares with us why he prefers investing his self-directed IRA in private companies and why he prefers the risks in it rather than in the public stock market.  He discusses the risks involved, the importance of understanding ones risk tolerance, and the need to build a diversified portfolio. He also shares his approach to investing in private companies and gave us a little tip on how having a strong moral compass and a commitment to ethics and integrity has helped him succeed in his career and has given him a sense of fulfillment and purpose. Tune in now! KEY POINTS FROM THIS EPISODE:  __ __ TWEETABLES: “One of the things I learned along the way, one of the mistakes I made was to stray from what I know. And so what I know is technology and business-to-business. And what I found is dont try and drift into technology to consumers, thats not my specialty. I know good products when I see them but I dont know how to run that.” - Bob Grant “You really arent stuck with the direction, you are fixed for a period of year or a few years, for however long that investment you made, is to endure, which is usually three to five years.” - Bob Grant “I have about half of my IRA assets right now invested in private companies, rather than in the public market, because I shifted that away. And thats just one of the things that I looked at. More people my age ought to know, you have some choices that go beyond the public market.” - Bob Grant “If we gave our money broadly, we had less impact. If we were more passionate, were more narrow, we had a bigger impact. The same thing is true as investments, if we spread it too wide, we have a thin impact, you have a lot of little things going on and you dont get a bigger impact.” - Bob Grant “I have had circumstances where I have had to walk away from deals because of what I perceived lack of integrity on the part and the behavior of other people in doing that I have had to stand up to people in leadership, because what I believed was the inappropriate thing for them to be doing at a particular time.” - Bob Grant LINKS MENTIONED IN TODAY’S EPISODE: Bob Grant LinkedIn http://www.linkedin.com/in/bobgrant2008

36m

Mar 31

Staying out of your box and doing what’s necessary could help you achieve the ultimate goal of financial freedom. Today’s guest, Caleb Johnson, shares his journey of Multi-level Marketing (MLM), what pushed him to transition into real estate, and his philosophy on acquiring properties and getting his first capital raise. He discussed how his experience in MLM helped him develop essential skills like networking, communication, and overcoming rejection, how he eventually found his niche in real estate, and the challenges of finding effective property management partners. Tune in now and discover how his changed philosophy pursued more extensive offerings for him! KEY POINTS FROM THIS EPISODE:  __ __ Tweetables: “The point of the business is to network with others. And so it was such an amazing opportunity for me to develop speaking skills and really be open to talk to anybody.” - Caleb Johnson “Its so important to do what makes you uncomfortable because usually on the other side of that, theres going to be a great reward.” - Caleb Johnson “A lot of people, whenever youre doing your first capital raise, they either want to see you have some success, they want you to go full cycle on one deal before they consider investing with you or they just want to see your career.” - Caleb Johnson “Theres so many people that get into this space [real estate] because it is so lucrative that when they fail, and it does take time, it is challenging to get into when they dont get the success that they want, they bail. And so how do they know that you or I aren’t that person.” - Caleb Johnson “Cash flow and financial freedom is more possible through residential, and thats a great tool for that. But if you want to get wealth, then commercial is really where you need to go.” - Caleb Johnson LINKS MENTIONED IN TODAY’S EPISODE: Emerging Real Estate Markets Book https://www.amazon.com/Emerging-Real-Estate-Markets-Coming/dp/0470174668 From Trial to Triumph Podcast https://podcasts.apple.com/us/podcast/from-trial-to-triumph/id1640592078 Caleb Johnson on LinkedIn https://www.linkedin.com/in/caleb-johnson-7b7300205?trk=public_post_feed-actor-name ABOUT CALEB JOHNSON Caleb has been an entrepreneur since the age of 18. He joined NK Development Group in 2021, where he aided in capital and acquisition, growing the company to over 450 units in two years. In 2022, Caleb founded Red Sea Capital. His mission is to be a faith-based professional committed to investors and building relationships.

26m

Mar 30

In this second of a two-part episode, we learn how Black Swan Real Estate principal, Nick Stageberg, has used his financial savvy with a genuine concern for the well-being of his clients and employees. Together with his wife, these compassionate investors have set a great example for others to follow.  Plus, he shares his insights on the collapse of Silicon Valley Bank and how they were able to foresee it many years ago.   KEY POINTS FROM THIS EPISODE:  __ __   TWEETABLES: “So a lot of real estate syndicators out there right now are in a challenging spot where they got a bunch of variable rate debt in the last few years, but we knew that rates were gonna go up and asset values were gonna go down.” “If you had long-term fixed-rate debt, you might be able to weather that storm just fine. And if you had variable rate debt, you might be in a challenging spot.”  “My present self thanks my past self, that we made the hard decision to get that kind of higher rate at the time fixed rate debt versus a lower rate, variable rate debt. And this is going to hit every industry “So if youre not using real estate trust accounts, you should be, let me just say that you should be. And those accounts are really special accounts that are specially enshrined in the US banking system, they are exempt from FDIC limits.” “You should absolutely be using a real estate trust account. Thats the practice.” “Thats something weve been doing for quite a while long before the Silicon Valley Bank collapse, because we feared something like this could happen, we never would have predicted that exact thing.” “So wed been growing just organically with real estate a side hustle. And then real estate became our full-time main thing.” “I had successfully built some tech startups before really focusing full time on the real estate business. So that gave me just just some experience of what it looks like to hire a lot of people to grow very quickly.” “We built our property management company, so that I think of us as a property management-first organization.” LINK MENTIONED IN TODAY’S EPISODE: Black Swan Real Estate https://www.blackswanteam.com/ Meet Black Swan https://www.blackswanteam.com/connect Nick Stageberg on LinkedIn https://www.linkedin.com/in/nick-stageberg-b703b261/ Episode 1619 Operating a Real Estate Business with Compassion (Part 1) https://bit.ly/3z5oQWl ABOUT NICK STAGEBERG Nick Stageberg is a career technologist with over 15 years experience in the software development, architecture, and management space at Dell, Revenue Management Solutions, and Mayo Clinic. In 2017, Nick expanded his real estate horizons by obtaining a real estate license in Minnesota, and now works with Keller Williams Premier Realty-Rochester to represent Black Swan Real Estate, other investors, and home buyers/sellers in real estate transactions. Nick earned a degree in Computer Science from Oklahoma Christian University.

38m

Mar 29

Is it possible to earn from your business and be compassionate at the same time? Not a lot of real estate investors are capable of doing so. But for the rare ones, it sets a great example of how entrepreneurs and investors can make a difference in any industry. Black Swan Real Estate principal, Nick Stageberg, offers his experience and valuable insights in this first of a two-part episode. Get to know how he earns the trust of investors, and how he takes care of his team in special ways in #TechandTacticsTuesday.   KEY POINTS FROM THIS EPISODE:  __ __   TWEETABLES:  “Repetition is the mother of all skills. So going through that process of zero to 100 employees and massive organizational growth, revenue growth, made it really easy to do the third time.” “Having gone through a couple of really successful startup organizations and a really powerful business partner allowed us to grow our company so quickly and so successfully.” “I know myself today, I know that Im really never going to retire like this. This is just who I am. This is when Im really thriving, the most leading the biggest life I can possibly lead.” “Through all of my entrepreneurship journey, I had made other people extraordinarily wealthy, but I never really truly made myself that wealthy. Thats just not how things shook out.” “Id have nowhere near the happiness, the fulfillment, the satisfaction I have that so many people out there that are successful are driven by despite theyre trying to thrive.” “Were a very mission-driven organization, a values-driven organization, a very spiritual organization. So we have a radically different structure to our private equity fund, we have no fees whatsoever.” “A hundred percent of our profit goes to our investors until theyve gotten a full return of capital.” LINK MENTIONED IN TODAY’S EPISODE: Black Swan Real Estate https://www.blackswanteam.com/ Meet Black Swan https://www.blackswanteam.com/connect Nick Stageberg on LinkedIn https://www.linkedin.com/in/nick-stageberg-b703b261/ No Excuses!: The Power of Self-Discipline by Brian Tracy https://www.amazon.com/No-Excuses-Self-Discipline-Brian-Tracy/dp/1593156324 ABOUT NICK STAGEBERG Nick Stageberg is a career technologist with over 15 years of experience in the software development, architecture, and management space at Dell, Revenue Management Solutions, and Mayo Clinic. In 2017, Nick expanded his real estate horizons by obtaining a real estate license in Minnesota and now works with Keller Williams Premier Realty-Rochester to represent Black Swan Real Estate, other investors, and home buyers/sellers in real estate transactions. Nick earned a degree in Computer Science from Oklahoma Christian University.

28m

Mar 28

Avoid the "Someday Isle" and achieve the success you desire. In this solo show with Whitney Sewell, he shares his experience and emphasizes the importance of attending conferences, building relationships, and mostly, taking action to achieve your goals. He shares how he and his wife made the decision to sell their farm and take massive action to change their lives. In today’s episode, Whitney reminds us that taking big steps may seem crazy to other people, but its crucial in changing our future in a big way. He even discusses with us the importance of self-discipline in achieving goals. Tune in now and grab the power to change your future! KEY POINTS FROM THIS EPISODE:   __ __ TWEETABLES: “I can look back, and even at some key relationships that I have today, that came from relationships that started five years ago at specific conferences like this.” - Whitney Sewell “You gotta keep going, you gotta get out there and put your foot forward and make some decisions.” - Whitney Sewell “If youre going to look for excuses, youre always going to find one.” - Whitney Sewell “We knew we had to take some action, do some big things right now to change the trajectory right of our lives moving forward.” - Whitney Sewell “Self-discipline is the ability to do what you should do, when you should do it whether you feel like it or not.” - Whitney Sewell “Successful people make sure that everything they do in the short term is consistent with where they want to end up in the long term.” - Whitney Sewell LINKS MENTIONED IN TODAY’S EPISODE: The 4-Hour Workweek Book https://www.amazon.com/4-Hour-Workweek-Escape-Live-Anywhere/dp/0307465357 No Excuses!: The Power of Self-Discipline Book https://www.amazon.com/No-Excuses-Self-Discipline-Brian-Tracy/dp/1593156324 Life Bridge Capital Website https://lifebridgecapital.com/

23m

Mar 27

In this #Highlights episode, we look back at our conversations with Charlie Stevenson and Jay Helms. Charlie and his wife are passionate about traveling and a leap of faith led them to where they are now – real estate syndications. Find out Charlie’s secret that helped him break through in real estate. Jay also takes us back to the first property he and his wife bought. It was their first big, scary step into real estate. They were living paycheck to paycheck then and it felt like they were taking the biggest plunge of their lives. Like Charlie, Jay had something that helped him get past that first scary step into real estate. Listen now to discover their secret to breaking through in real estate investing! KEY POINTS FROM THIS EPISODE:  __ __ TWEETABLES: “A really important inflection point for us was attending a conference.” —Charlie Stevenson “Those first scary steps should always continue to happen.” —Jay Helms LINKS MENTIONED IN TODAY’S EPISODE: Charlie Stevenson on LinkedIn https://www.linkedin.com/in/stevensoncharles/ Akras Capital website https://www.akrascapital.com/ WS679: A Proactive Approach To Reach Success with Charlie Stevenson https://bit.ly/3Z8mBvJ Jay Helms on LinkedIn https://www.linkedin.com/in/jayhelms W2 Capitalist website https://w2capitalist.com/ WS1377: Overcoming Fear of Real Estate Investing | Jay Helms https://bit.ly/3FOuHmv ABOUT CHARLIE STEVENSON Charlie, together with his wife, Kristina, co-founded Akras Capital. Their mission is to help people achieve freedom, breaking free from the constraints of money, time, and unfulfilling jobs. Having worked for a decade in corporate America as Investment Portfolio Managers and Product Directors, Kristina and Charlie no longer felt inspired by their day-to-day lives, earning salaries and living according to their career tracks. So, they quit and took off for Asia and Europe, exploring 30+ countries. This freedom was fueled by the passive income they’ve generated renting their home in Boston. After founding Akras Capital, they’ve directed it to produce this same freedom to others. ABOUT JAY HELMS Jay Helms is an Amazon #1 best-selling author. He has been featured twice on BusinessInsider.com, and is the founder of the W2 Capitalist, a mastermind community for aspiring and experienced real estate investors. Jay now owns over a million dollars in real estate assets and escaped the rat race after just 6 years of side hustling in real estate investing. Knowing that closing on the first deal is the biggest hurdle and mental roadblock for new investors, Jay has a goal to help one million people create multiple streams of income, achieve financial freedom, or build legacy wealth through real estate investing. When their family of five is not traveling the country, Jay and his wife, Cassie, reside in Gulf Breeze, FL with their three kids.

32m

Mar 26

In this #Highlights episode, we look back at our conversations with The Prolific Investor, Chris Odegard and Cashflow Ninja, M.C. Laubscher. Chris talks about conventional versus alternative investments and the pros and cons of conventional and alternative investments.  M.C. speaks on cash flow investing strategies in specific niches that people rarely discuss. Consider adding these niches because they are recession-proof and provide balance in your portfolio. Tune in and start thinking out of the box! KEY POINTS FROM THIS EPISODE:  __ __ Tweetables: “So, everything that’s publicly traded – stocks, bonds, and mutual funds, those are conventional investments. Everything else is alternatives.” –Chris Odegard “My line and my focus has been people — finding the greatest people in different niches, learning and studying everything that I can, and immersing myself into a space before I invest my money there.” –M.C. Laubscher LINKS MENTIONED IN TODAY’S EPISODE: Chris Odegard on LinkedIn https://www.linkedin.com/in/chrisodegard/ The Prolific Investor website https://theprolificinvestor.net/ WS1090: Conventional vs. Alternative Investments with Chris Odegard http://bit.ly/3n1T7Cs Cash Flow Ninja website https://cashflowninja.com/ WS1129: Cash-Flow Investing Strategies for Different Niches with M.C. Laubscher https://www.youtube.com/watch?v=QY4jj5fROng&embeds_euri=https%3A%2F%2Flifebridgecapital.com%2F&feature=emb_imp_woyt ABOUT CHRIS ODEGARD The Prolific Investor is Chris Odegard. Chris is an average guy who had a white-collar job in the corporate world and followed the only thing he knew for decades, conventional wisdom and conventional investments. This worked relatively well until 2009 when he experienced an illiquidity event where he lost 55% of his assets and thousands of dollars per month in cash flow. Then, Chris read Robert Kiyosaki’s Rich Dad Poor Dad, and his mind was opened to a different type of investing, investing in real assets and private deals mostly insulated from the volatility, risk, and taxation of the stock market. In just nine years, Chris recouped the 55% he had lost and multiplied it many times over and now shares his experience and knowledge with you through this alternative investment blog. ABOUT M.C. LAUBSCHER M.C. Laubscher is the creator and host of the top-rated business and investing podcast on Itunes, Cashflow Ninja and also the President & Chief Wealth & Investment Strategist of Producers Wealth. M.C. Laubscher grew up in Stellenbosch, South Africa. He obtained a Bachelor’s Degree in History and Economics and a Masters in Business Administration in Finance from the University of South Africa.  M.C. is Grant Cardone Certified Coach and an Authorized Infinite Banking Practitioner and member of the Nelson Nash Institute.

27m

Mar 25

Investing is an excellent way to grow your wealth over time, but it can also come with risks. As an investor, its important to understand that theres no such thing as a completely risk-free investment. However, there are strategies that you can use to mitigate those uncertainties and increase your chances of success.  Simply Do It Real Estate Investments founder, Dani Beit-Or, talks to us about the most effective ways to mitigate risks in investing. Whether youre a beginner or an experienced investor, his insights can help you gain informed investment decisions.   KEY POINTS FROM THIS EPISODE:  __ __   TWEETABLES:  “Let the pros come in and use that opportunity.” “A lot of the beginners are sitting down on the sidelines and watching the veterans and want to say, ‘Hey, obviously Im sensing theres an opportunity here.” “Seller agents are now learning to work a little bit harder for the commission as they should.” “Sellers are starting to get to the point that they dont put the house in on Friday, and get multiple offers by the end of the weekend. And thats good, thats healthy.” “Were seeing a lot of people scaling down from flips. That actually means an opportunity for people who know what theyre doing to step in and find that flipping opportunity.” “If you buy quality property in a good neighborhood, in a growing market, you will probably continue to enjoy a demand for that piece of property from future buyers and future renters.” “If you buy quality, hold it long term, you will very likely increase your hedging against the downturn, meaning youre already in a place that has chances to, to appreciate.” “Why panic and sell? Youre not executing a loss, right? So just weather the storm, be patient. And its easier to weather the storm when its a quality [property].” “Give it time. It will probably do very well for you. Just be patient.” “Its really finding what fits into your lifestyle more than if this one is giving you $100 more in cash flow.” “The best generating source is my clients. I try to make sure that every client that I work with becomes not just a happy client, but an ambassador.” LINK MENTIONED IN TODAY’S EPISODE: Simply Do It website https://simplydoit.net/ Dani Beit-Or on Facebook https://www.facebook.com/reinvesting/ Dani Beit-Or on LinkedIn https://www.linkedin.com/in/danib/ No Excuses!: The Power of Self-Discipline by Brian Tracy https://www.amazon.com/No-Excuses-Self-Discipline-Brian-Tracy/dp/1593156324 ABOUT DANI BEIT-OR Dani Beit-Or is the founder of Simply Do It Real Estate Investments. He has been a real estate investor since 2002 and since then have personally purchased multiple properties and have consulted thousands of investors. He leads hundreds of investors with hundreds of real estate property transactions in 8+ real estate metro areas. Dani earned a degree in Industrial Management from Coventry University.

28m

Mar 24

There is power in taking action and stepping out of your comfort zone. In this episode, Victor Leite talks about leaving his full-time job in healthcare to pursue his passion for real estate investing. He shares how he has acquired and managed over $30 million worth of multifamily assets and generated enough passive income to achieve financial freedom.  Listen in as Victor also speaks about how the multifamily deal was a success with the help of experience, confidence, and a careful approach to underwriting and finding the right team. Tune in now and also get tips on what questions you should ask your operators so you know they’re the right fit for you! KEY POINTS FROM THIS EPISODE:  __ __ TWEETABLES: “You reached that level of American Dream that everybodys in search of. But five years plus into it, working private practice 60 hour plus long work weeks, overnight on call dealing with the medical business world, it just started taking a toll on me. You felt this burnout coming, you felt the stress coming.” -  Victor Leite “In real estate, its a place that anyone can get started and could reach some form or some level of financial freedom.” -  Victor Leite “Everybodys trying to figure out what they want to do, how they want to do it, but they never figure out where they want to end up. Where is your outcome-driven goals? And you need to start at your outcome-driven goals, and work your way backwards and focusing on prioritizing the dos, the donts, the defers and then the dumps. You have to figure out that plan.” -  Victor Leite LINKS MENTIONED IN TODAY’S EPISODE: Twenty-Five Eight Capital Website https://258cap.com/ Twenty-Five Eight Capital on Facebook https://www.facebook.com/258capital Twenty-Five Eight Capital on LinkedIn https://www.linkedin.com/company/25-8-capital/about/ Twenty-Five Eight Capital on Instagram https://www.instagram.com/25_8cap/?hl=en Twenty-Five Eight Capital on TikTok https://www.tiktok.com/@25_8cap Passive Income Brothers Podcast on YouTube https://www.youtube.com/@citysidecapital About Victor Leite Victor Leite is one of the founder of Twenty-Five Eight Capital, a real estate investment company focusing on multifamily syndication.   Victor attended the George Washington University School of Medicine, and has been practicing clinicians for over 13 years. Through real estate, he has been able to generate enough passive income to leave his full time W2 jobs in healthcare. He now enjoy spending his past time raising his two kids in Virginia Beach, Virginia, and has a passion for helping other busy professionals attain the same level of freedom in their own lives.

27m

Mar 23

Wholesaling properties is a lucrative way for investors to quickly acquire properties with little capital. However, it may not be for everyone because it requires sound knowledge of the market, strong negotiation skills, and a network of potential buyers. However, some investors’ success in the field serves as an inspiration for many. Safe Home Offer owner, Kyle McCorkel, shares with us how he became a full-time real estate professional with a focus on wholesaling after serving a decade in the consultancy industry. Josh McAllen of syndication company Accountable Equity sits in for Life Bridge Capital’s Whitney Sewell as host in this episode.   KEY POINTS FROM THIS EPISODE:  __ __  TWEETABLES:  “Passive income will be great. So eventually, that got me started on real estate. I started buying some of my own properties in 2015.” “I then started with buy and hold. Then I started flipping and then I started wholesaling. So I think the reason that that happened that way for me is because I was just always looking for deals.” “I started finding good deals, and my only strategy was to buy them and hold.” “So right now I just do like an overall portfolio snapshot. And Ill say, this is the amount we made in the portfolio this month. I think it helps to keep me accountable to my audience out there.” “Theres another entity thats the wholesaling entity that actually feeds deals into the buy and hold.” “Im very analytical on the wholesaling side as well.” “In the past four years since Ive been marketing very heavily, Ive gotten even more kind of fine tuned.” “Were trying to go bigger. But the biggest weve done so far is like a four- or five-unit property.” “Ive been wholesaling a lot more, the kind of the percentage of deals that Im wholesaling has been more like 80% over the last 12 months.” LINK MENTIONED IN TODAY’S EPISODE: Kyle McCorkel on Twitter https://twitter.com/RealLifeRentals Real Life Rentals https://www.realliferentals.com/ ABOUT KYLE MCCORKEL Kyle McCorkel worked as a process improvement consultant for ten years, traveling 90 percent of the time. The fast-paced lifestyle allowed him to work with various organizations throughout the United States. After starting a family, he shifted to real estate, buying rental properties in 2015 before going full-time in 2019. He started his wholesaling business in 2021. He now focuses on buy and hold, flipping, and wholesaling as the owner of the Greater Harrisburg Area-based real estate investing company Safe Home Offer. Kyle earned a degree in Industrial Engineering from Penn State University.

27m

Mar 22

Ensuring your sponsor’s values align with yours and they are putting your best interest as an investor are the key points you should consider and are the most important. Today’s guest, Isaac Satten, shares his experience vetting sponsors and leaping into passive investment. He also shares his current reverse engineering goal and how passive income has helped him create core memories with his family and make significant changes in his career. We also delve into his learning process, how long it took him to deploy his capital, when he started listening to podcasts, and how it helped him set up his financial life. Tune in now and learn how passive investment has allowed him to achieve this work-life balance! Don’t miss it! KEY POINTS FROM THIS EPISODE:  __ __ TWEETABLES: “I have these vivid memories of just consuming hours and hours and hours of podcasts content, of course, finding my way to the BiggerPockets forums, reading as many blog posts as I can.” - Isaac Satten “The goal was just to see kind of a sizable cash flow come in month over month and transform both my personal portfolio but then also what influence can that have on my lifestyle.” - Isaac Satten “I think the thing that stands out to me are the sponsors who actually want to get to know me and understand what my motivation is for investing. If theyre really good, theyll be able to zero in on my concerns pretty quickly.” - Isaac Satten “In terms of diversification, Im still attracted to the physical diversification across the country, but I think Im getting more comfortable with when you have those good jockeys, you stick with them. I think thats really important, finding the sponsors that you trust that are going to do right by the investors no matter what.” - Isaac Satten “I think just because this particular deal says theyre going to have the highest prep or the highest IRR, and the shortest amount of sale period, doesnt necessarily mean its the best deal. You have to dig deeper, and maybe at the point where youre okay with the sponsors, who are saying, hey, you know, this is more of a realistic picture. If you can hit the realistic picture versus maybe get to the ideal situation, Ill take that realistic picture every single time.” - Isaac Satten LINKS MENTIONED IN TODAY’S EPISODE: The Family Board Meeting Book https://www.amazon.com/Family-Board-Meeting-Connection-Children/dp/1732362912 Isaac Satten on LinkedIn https://www.linkedin.com/in/isaacsatten Millionaires Unveiled Podcast https://millionairesunveiled.com/ About Isaac Satten Isaac Satten is the Director of Client Communications for IBISWorld. 

37m

Mar 21

Whether it’s short-term financing that covers the cost of purchasing a property, or a small loan for renovation expenses, investors need to work with lenders who can provide advice on market trends, property values, and renovation costs. But it’s rare to find lenders that offer loans to fix-and-flip investors and become a trusted partner in their journey. Kiavi CRO, Stephanie Casper, teaches us about what investors get wrong when making it big in the industry from the perspective of a lender. This is one episode you shouldn’t miss, especially if you’re new in the industry. KEY POINTS FROM THIS EPISODE:  __ __ TWEETABLES:  “Regardless of the interest rate environment, there is always going to be a need for housing, and flippers are often best suited to delivering those homes.” “Its not just the business plan and math problem [for the flipper]; its a bit of an emotional buy because you want to prove you can do it and help your ego along. Thats where a lot of new investors get caught.” “What is the return on your capital that you need? What is the cost? What’s the math? Thats really how you avoid the emotional buy for sure.” “Using bridge loans to buy stabilized and then refinancing that whole BRRR Strategy for investors is another way that we are augmenting that fix-and-flip demand.”  “Higher interest rates are still going to be around for a few years, but theyre not going to be around forever.” LINK MENTIONED IN TODAY’S EPISODE: Kiavi https://www.kiavi.com/ Stephanie Casper on LinkedIn https://www.linkedin.com/in/stephanie-neild-casper-7319517/ ABOUT STEPHANIE CASPER Stephanie Casper is the Chief Revenue Officer of Kiavi. Prior to this, she served leadership roles in CoreVest Finance, Green Street Advisors, The Renaissance Companies and Metis Financial Network.  Stephanie earned a BA in Hotel Administration from Cornell University and MBA in Real Estate Finance and Development from the UNC Kenan-Flagler Business School.

25m

Mar 20

Today, we reflect on our conversations with Keith Blackborg and Amy Sylvis. Ultimately, what and when you invest plays a huge role in your investing success. But what is the best way to start a real estate business and how do you find an investment that best fits you? Breaking into the real estate syndication business is not easy. It takes time, persistence, patience, and hard work. While educating yourself about the business and the industry is non-negotiable, it is also crucial to get to know and work with people who have gained extensive experience and expertise in their field. But, is there a way to fast-track your entry into real estate investing? Find out in this #Highlights episode! KEY POINTS FROM THIS EPISODE:  __ __ TWEETABLES: “Some of the best investments you’ll make are the ones you never invest in.” –Keith Blackborg “Time and building trust is a tremendous way to have someone view you as a strategic partner moving forward.” –Amy Sylvis Links Mentioned in Today’s Episode: Keith Blackborg on LinkedIn https://www.linkedin.com/in/keithblackborg?lipi=urn%3Ali%3Apage%3Ad_flagship3_profile_view_base_contact_details%3B7oMwRITORxmVVg8IIUK7uA%3D%3D Financial Journey website https://www.financialjourney.life/ WS1416: How to Find the Best Investments | Keith Blackborg https://lifebridgecapital.com/2022/09/06/ws1416-how-to-find-the-best-investments-keith-blackborg/ Amy Sylvis on LinkedIn https://www.linkedin.com/in/amysylvis/ Sylvis Capital website https://sylviscapital.com/ WS1437: How to Get Into RE Investing Faster | Amy Sylvis https://lifebridgecapital.com/2022/09/27/ws1437-how-to-get-into-re-investing-faster-amy-sylvis/ About Keith Blackborg Keith Blackborg, CPA, reached financial freedom within 10 years due to success as an investor and tax strategist. Keith and his wife Jessica have experience with domestic and international investments, including residential and commercial real estate, lending, startups, and paper assets. Keith served as the director of acquisitions for a hedge fund that transacted the largest private sale of homes in US history. About Amy Sylvis Amy is the founder and principal of Sylvis Capital with apartment investments in Alabama, Indiana, Georgia, Tennessee, and Texas providing clean, safe, affordable housing to working-class families, giving a powerful and proven investment vehicle for friends and family to participate in, and pouring profits into organizations and charities for sick and underserved children. She continues to grow her portfolio with the goal of achieving the 5 freedoms: financial, time, geographic freedom, freedom of association, and freedom of purpose. Amy lives in Los Angeles with her amazing husband, Joel. They love college football, traveling, and volunteering their time with charities that care for children in need.

24m

Mar 19

In this #Highlights episode, we reflect on our conversations with Mark Davenport and Oscar Buendia. Find out what helped them break free from their fears and limiting beliefs and pushed them to invest in real estate and succeed in it!  Sometimes, it takes finding yourself in a situation where your back is against the wall, with no other option but to decide for yourself and choose whether to crush your limiting beliefs or let them crush you. And when you find yourself in such a place, that is when you will truly know whether you have it within you to get it done or not. KEY POINTS FROM THIS EPISODE:  __ __ LINKS MENTIONED IN TODAY’S EPISODE: Mark Davenport on LinkedIn https://bit.ly/3laSVAh Levare Properties website https://www.levareproperties.com/ WS801: Not Letting Fear Motivate Your Actions To Scale Quickly with Mark Davenport https://bit.ly/3FlwrmX Oscar Buendia on LinkedIn https://bit.ly/3laT0UB REI Brothers Podcast https://linktr.ee/REIBrothers WS815: The Willingness To Take Risks To Reach Success with Oscar Buendia https://bit.ly/3lcRd1e About Mark Davenport Mark Davenport and his partner, Phoebe, got started in real estate when they bought a single-family fixer-upper in NH in 2009. Halfway through renovations, they had an epiphany – ‘let’s not work to pay a mortgage for the next 30yrs… let’s build passive income through real estate instead’. So, they finished that single-family renovation, sold the property, and worked on a foreclosed duplex. Next was a fourplex. Nine months later, both were sold and two six-unit buildings were on the books, along with a three-unit and another foreclosed duplex. Having relocated from NH to Brooklyn, they optimized these buildings through new management and renovations. Now living in Kansas City, Mark and Phoebe have made another leap by selling their NH portfolio of 18 doors and investing in a 73-unit tower and a 33-unit historic repurposed hotel. About Oscar Buendia In 2019, Oscar partnered up with his brother German, initially intending to purchase a few properties in Ohio. That soon changed when they found a 20-unit rental portfolio. From there they networked and problem-solved their way to buying this portfolio.  Currently, they are working towards stabilization and then the disposition of assets. Their eyes were open to how to scale to larger assets, and from there they have set their eyes on raising capital and apartment syndication. Beginning early 2020, Oscar has now co-founded two companies with German, REI Brothers, and GoodDay Capital. The first company started was the social media outreach and education platform, where showcased are their podcast, blog, and projects. The second company developed was their Real Estate Investing Firm to syndicate apartment buildings.

26m

Mar 18

To take advantage of benefits, you need to act fast! Today’s guest, Jimmy Atkinson, discusses the benefits of Opportunity Zones and how they compare to 1031 exchanges. He shares how Opportunity Zones offer significant tax advantages and can be a better option for investors looking to diversify their portfolios and invest in alternative projects. In this episode, Jimmy helps you determine if its the right investment strategy for you as he shares his knowledge and insights about opportunity zones and how investors can take advantage of this investment opportunity. Tune in now and explore the tax advantages of investing in a qualified Opportunity Fund and compare the two popular tax incentives! KEY POINTS FROM THIS EPISODE:  __ __ TWEETABLES: “You essentially get to eliminate your capital gains liability on your opportunities on investment, so long as you hold it for 10 years.” - Jimmy Atkinson “The second big benefit is that you get to eliminate capital gains liability completely on the appreciation within your opportunities on investment.” - Jimmy Atkinson “Opportunity zones get extended and possibly even made permanent at some point down the road here but it would take an act of Congress to do that.” - Jimmy Atkinson “Opportunity zone by the very letter of the law and by the regulations that define what can qualify as an opportunity as an investment, they cant be poor or poor plus holdings, they actually have to be substantially improved or ground-up construction.” - Jimmy Atkinson “We dont do a lot of outreach looking for them, they [investors] tend to find us because we have such a strong presence in the opportunitys own space.” - Jimmy Atkinson LINKS MENTIONED IN TODAY’S EPISODE: The Beginner’s Guide to Opportunity Zones Website https://opportunitydb.com/downloads/beginners-guide/?utm_source=ozpodcast&utm_medium=podcast&utm_campaign=free-guide Opportunity DB Website https://opportunitydb.com/ Opportunity Zones Podcasts https://www.youtube.com/playlist?list=PLoJBtlOTvrR4EpcHfrgZsFpxfzMRpij2U ABOUT JIMMY ATKINSON Jimmy Atkinson is the founder of OpportunityDb and host of the Opportunity Zones Podcast. He is also the co-founder of WealthChannel, the leading community for High Net Worth investors and advisors who place capital in alternative investments. Originally from Los Angeles, he graduated from the University of Notre Dame with a BA in economics in 2004.

33m

Mar 17

Christ-centered leaders inspire and encourage their followers to live according to compassion, humility, honesty, and selflessness. They prioritize building positive relationships and promoting a sense of community and strive to create a workplace or organization that is guided by Christian values.  In this new episode, Life Bridge Management CEO Sutton Turner teaches us about leading with a sense of purpose and meaning that goes beyond individual gain and seeks to positively impact the world.   KEY POINTS FROM THIS EPISODE:  __ __   TWEETABLES:  “To build a culture based on love, which is based on grace, is one of the greatest opportunities that I have at age 53.” “We try our best to build a healthy culture in the property management business.” “What you guys started at Life Bridge Capital is a culture of love. And now were just going to transfer that down, or organization because we love one another.” “When you have third-party management companies that are on a 30-day cancelable contract, theres no transparency because of fear of losing their job as the property manager. Theyre not going to be 100% transparent with you.” “For us to have a culture of love from the very, very top of Life Bridge Capital all the way down to the border at one of our properties in Colorado Springs, the only way to do that is to take over your own management company.” “And because you trust me, and we built that trust up, its not like Im not going to make mistakes. Im going to make mistakes, actually. But Im going to tell you my mistakes.” “Im trying to give you guys perfect information so that youre able to make the very best investment decision possible.” LINK MENTIONED IN TODAY’S EPISODE: Sutton Turner on Twitter https://twitter.com/suttonturner?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor Sutton Turner on LinkedIn https://www.linkedin.com/in/sutton-turner-957282b9 Life Bridge Management https://www.lifebridgemanagement.com/ ABOUT SUTTON TURNER Sutton Turner is the CEO of Life Bridge Management. He has 30 years of experience in real estate, property management, and C-level roles. Sutton created and led the Wentwood Companies with his brother in 1997, which managed 36 apartment communities across 13 states with over 300 employees. In 2008, Sutton was asked by a major developer (Sorouh/Aldar) in Abu Dhabi to build a property management company called Khidmah (meaning “service” in Arabic). As CEO, Sutton created the first full-service real estate management company in Abu Dhabi, UAE, with $600 million in assets and $1.8 billion under development. A critical element of Khidmah’s success was the recruitment of skilled workers and professionals from the Philippines, India, Sri Lanka, Nepal, Bangladesh, Egypt, and Syria.  After establishing this management company in Abu Dhabi, Sutton moved on to Doha, Qatar, where he reorganized Qatar’s property management company, Waseef, as CEO.   Sutton has had two tenures in full-time ministry with Celebration Church (2006-2007) and Mars Hill Church (2011-2014). He is very grateful for the growth through both of these ministry experiences.

40m

Mar 16

Fear can hold people back from making investments in real estate. And analysis paralysis is a common problem for many investors who have difficulty moving forward with their first deal. In today’s episode, guest Jason Baik shares how you can overcome this and his insights on the importance of leveraging analytical skills in real estate investing and the importance of understanding underwriting and the numbers behind real estate. He also teaches us how to provide practical and realistic resources for aspiring investors and explains to us the definition of primary, secondary, and tertiary markets. Tune in now and find out the key metrics they look for when analyzing a market so you can enjoy having time and financial freedom according to your will! KEY POINTS FROM THIS EPISODE:  __ __ TWEETABLES: “I decided to create a product that shows you a more behind-the-scenes look at multifamily as a business, about real benchmarks and real assumptions, and tough calls that you have to make.” - Jason Baik “I tell people a lot of times to focus on the operator, especially if you tend to be working with successful people who have made money in some other industry.” - Jason Baik “If youre choosing a market, as a small investor, if youre just beginning if you just have a small team, you need to find a price differential, more than you need to focus on macro metrics.” - Jason Baik “You cant compete on price when youre competing with the BlackRocks and the Blackstones.” - Jason Baik “You can make money in most places, and its just about finding a market where you personally have some sort of competitive advantage in.” - Jason Baik “You develop some sort of operational advantage as you buy more units and get experience.” - Jason Baik “Not overpaying for an asset is one of the only things that you can directly control at least in that phase of your career.” - Jason Baik LINKS MENTIONED IN TODAY’S EPISODE: Jason Baik on LinkedIn https://www.linkedin.com/in/jasonbaik Compounding Capital Website https://www.compoundingcapitalgroup.com/our-story/ The Underwriting Lab Website https://www.theunderwritinglab.com/ Compounding Capital on Facebook https://web.facebook.com/CompoundingCapitalGroup/?_rdc=1&_rdr ABOUT JASON BAIK Jason is the former director and vice president of Data Science, an apartment real estate investor, co-founder and managing principal of Compounding Capital Group, and the founder of The Underwriting Lab. He teaches others how to leverage analytical skills to break into real estate investing.

29m

Mar 15

New real estate investors tend to be too risky when coming into the investing scene. But any successful multifamily investor advises against this, especially those that have built years of experience of closing large deals. In this #TechandTacticsTuesday episode, Matheson Capital co-founder, Will Matheson, explains to us how to get started on the right track in real estate investing, and how he learned to add value to another operator. Discover his important piece of advice for those who are new to investing, and why this matters a lot.   KEY POINTS FROM THIS EPISODE:   __ __   TWEETABLES:  “I believe in this market, I believe in this property. I think I can get in touch with these guys. And we made it happen.” “Its easiest to go into a market where you can get your investors comfortable, and people are most comfortable with what they know.” “Our thesis or investment thesis is, ‘Im not going to ask an investor to marry me for the next 10 years on a 10 year hold.’” “We said, let us build our track record, let us earn your trust because theres always someone with more experience than you.” “We didnt want to offer coupon clippers for the next decade, we wanted to say, lets get you in and out. Lets prove that we know what were doing. And lets move on to the next one.” “So being a broker definitely gave a lot of insight into property valuations.” “When youre just starting out, I always tell people, ‘Do not commit to a long term timeframe, on a project. And when youre starting out, youre probably starting with smaller properties.’”  “We started out focused on very small properties because of equity raising. Its easier to raise equity when you have less of it to raise.” “You dont want to tie up a deal for too long with the debt. You dont want to over invest your own capital. Youre not in this business to buy one property, youre in this business to buy 10-12, whatever that number may be.” “You dont want to over allocate your resources. You have to understand that no one cares more about this project than you do.”  LINK MENTIONED IN TODAY’S EPISODE: Matheson Capital https://www.mathcap.com/  Will Matheson on LinkedIn https://www.linkedin.com/in/will-matheson-447185185/ ABOUT WILL MATHESON Will Matheson is the co-founder of Matheson Capital, a private equity firm focused on value-add multifamily assets in the southeast region. Prior to this, he was into investment sales at  Marcus & Millichap, closing more than 50 sales transactions totaling over $140 million, and also served as President of Lowcountry Veterans Home. He earned a BA in Business Administration with concentration in Finance, Strategy & Management Consulting from Emory University - Goizueta Business School, and a graduate degree in Real Estate Development from Columbia University.

28m

Mar 14

When it comes to talent selection, it’s not just always about hiring more people. Rather, organizing tasks to keep them aware of what theyre good at and what energizes them is more crucial. In today’s episode, our guest Jimmy Edwards talks about the importance of having the right people in the right seats in your business. He shares his journey of how he found his way into the real estate industry and multifamily market. He also discusses with us his hiring process and how he ensures that hes hiring the right people for his team and how he itemizes peoples strengths and weaknesses to understand who is best suited for what role. Tune in now and learn more about what made Jimmy successful and how he delegates tasks the right way!   KEY POINTS FROM THIS EPISODE:  __ __ TWEETABLES: “We had a bunch of deals under contract that kind of fell apart, everythings kind of happens for a reason, I believe… and then you figure it out and you look back youre like awesome.” - Jimmy Edwards “I have a few deals under management right now which allows me to reorganize, restructure and systemize the business so that throughout the next expansion, we can buy 10,000 doors.” - Jimmy Edwards “I know Im headed in the right direction when immediately my personal energy changes. I know I have the right idea because I get energized and all the weight falls off.” - Jimmy Edwards “Hopefully, weve been successful at systemizing and organizing, getting people in the right seats so that we can scale through the next expansion.” - Jimmy Edwards “Im just trying to get back to my team, empower them, let them,  get them happy, get through some of these things so that we can keep scaling.” - Jimmy Edwards “Sometimes you miss things because youre solving a small problem along the way, but you dont realize that you took a misstep until it starts clogging up the wheel.” - Jimmy Edwards LINKS MENTIONED IN TODAY’S EPISODE: Rich Dad Poor Dad Book https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194 High Five Multifamily Website https://highfivemultifamily.com/ ABOUT JIMMY EDWARDS Jimmy Edwards is the Founder of High Five Multifamily, a real estate solutions company that focuses on the acquisition and revitalization of distressed and value-add multifamily investment property. Since 2017, High Five Multifamily has bought and sold 868 units and is currently looking for opportunities in the DFW and San Antonio areas.  Jimmy has been an investor since 2011 in both single-family and multifamily properties, has bought and sold over 100 single-family houses, and has purchased six apartment complexes.

38m

Mar 13

In this #Highlights episode, we look back at our conversations with Pam Sacramando, Founder of The C.R.E.A.T.E Wealth Network and Dusten Hendrickson, Founder of Mailbox Money. They share the keys they discovered to make their side hustle in real estate investment a steady income stream.  Pam recounts her early days in real estate, which she believes was the most difficult stage in her investing journey. Yet, it set the tone for the success she enjoys today. Dusten shares eye-opening principles for investing in different markets and the strategies he used to scale his portfolio even during the pandemic. Enjoy the show! KEY POINTS FROM THIS EPISODE:  __ __ TWEETABLES: “Once you find a way that works for you and you set it up properly, then things will start to flow in.” –Pam Scamardo “If something becomes very important, we can just focus just on that ’cause almost everything we do now is proactive, it’s not reactive.” –Dusten Hendrickson “Your biggest enemy is not the scam artist, but it’s the guy who’s just operating in a mediocre fashion.” –Sam Rust LINKS MENTIONED IN TODAY’S EPISODE: Pam Scamardo on LinkedIn https://www.linkedin.com/in/pam-scamardo/ Create Wealth Network https://www.letsgocreatewealth.com/ Episode 783 (full episode) https://bit.ly/3ZN7dG9 Dusten Hendrickson on LinkedIn https://www.linkedin.com/in/dusten-hendrickson-6aab7448/ Dusten Hendrickson on Facebook https://www.facebook.com/Dusten-Hendrickson-Page-276493819702035/ Episode 989 (full episode) https://bit.ly/3EUJcVx ABOUT PAM SCAMARDO Entrepreneur Pam Scamardo is the Founder of The C.R.E.A.T.E Wealth Network – a top free educational resource for commercial real estate investing. Officially ‘retired,’ Pam is a mother and wife who discovered the benefits of passive income after realizing she did not need to be a millionaire to begin investing in commercial real estate. An aerospace engineer by trade, having been employed by Lockheed Martin, Boeing, and UTC Aerospace, Pam made a career pivot almost 10 years ago and founded her first company TPK Properties. She is passionate about helping others achieve “job optional” status through commercial real estate investing and wants to empower men and women along their journey to financial freedom. ABOUT DUSTEN HENDRICKSON Dusten develops real estate, purchases existing value add real estate, and invests passively as an LP. He also helps others invest in the same deals he invests in.  He has been involved in RE his whole career. He has a passion for green building and collaborated with South Dakota State University – Department of Architecture to build the first certified Passive House in South Dakota. He owns and asset manages over 300 units and he passively invests in over 1000 units. He also helps raise money for the deals he invests in. He has developed a skill set that is perfect for value add multifamily because of all the affordable design-build he has participated in by living in a very frugal community. 

31m

Mar 12

In this #Highlights episode, we look back at our conversations with Dan Handford of PassiveInvesting.com and Dave Codrea of Greanleaf as they share their knowledge and insights on how to make your investments perform better in the midst of inflation or the current economic conditions. Dan, with his extensive successful background on educating multifamily investors, focuses on the red flags or warning signs for passive investors especially now that we’re dealing with the economic effects of the Covid-19 pandemic. Dave shares his outlook on whether it is time to buy, sell or hold, based on his years of experience in investment management and operational execution. You surely don’t want to miss this episode! KEY POINTS FROM THIS EPISODE:  __ __ TWEETABLES: “You have to be decisive and having somebody who has some sort of successful background in business is a very crucial piece.” –Dan Handford “We think about our strategy with our businesses really like a triangle of relationships. So we have our investors on one side, we have our tenants and residents, and then we have our team. And the more things we can do that really bring those three pieces together on a piece of real estate, the more comfortable everyone can be with it.” –Dave Codrea LINKS MENTIONED IN TODAY’S EPISODE: Dan Handford on LinkedIn https://bit.ly/3J1982X Dan Handford on Twitter https://bit.ly/3J93BYm PassiveInvesting.com http://bit.ly/3kVMLnu Episode 554 full episode https://bit.ly/3ycQuQE Dave Codrea on LinkedIn https://bit.ly/3mAxXLx Greenleaf website https://bit.ly/41UbCJ8 Episode 1556 full episode https://bit.ly/3XOFqnL ABOUT DAN HANDFORD Dan and his wife, Dennae, along with their 4 children (3 girls and a boy), reside and work in Columbia, SC. Dan has an extensive successful background in starting multiple seven-figure businesses from scratch, including a large group of non-surgical orthopedic medical clinics located in South Carolina. His family of companies has annual budgets in excess of $10MM. He is the founder of the Multifamily Investor Nation, where he educates a nationwide group (9,000+ members) of multifamily investors on how to properly invest in multifamily assets. He is the co-host, along with his wife, Dennae, of the Tough Decisions for Entrepreneurs podcast, which can be found on iTunes and Google Podcasts. ABOUT DAVE CODREA Dave is co-founder of Greenleaf, an Atlanta-based real estate investment firm. From the very beginning, Dave built Greenleaf to be a provider of quality affordable housing that offers unique compassion and partnership with residents. Since its inception as a two-man venture, Greenleaf has grown its geographic footprint to encompass several states in the Southeastern US. The growing portfolio currently includes Apartments, Mobile Homes, and Commercial properties. Our investment, management, and construction platforms work in sync providing top-level customer experience, impressive investment returns, and a culture of innovation and goal setting.

26m

Mar 11

Market diversification is one thing that’s always emphasized in investing circles. But there are those who dare to concentrate on a particular market and have grown their businesses to success. In this episode, Harvard Grace Corporation CEO Stewart Heath explains to us why his hyper-focused property investing strategy has worked for him. Life Bridge Capital’s Whitney Sewell gets to know more of this industry veteran in this new episode.   KEY POINTS FROM THIS EPISODE:  __ __   TWEETABLES:  “So these days, I do syndications, not only to give other people opportunities to get into real estate deals. But its also risk diversification.” “We make sure that there are plenty of reserves in all of our deals from the get-go.” “And because you dont know whats going to happen, Ive also focused completely on cash flowing properties.” “Thats what investing is about. Its about recurring cash flow.” “Hyper-focus is really for me, Im not saying that I will never do anything. In other markets, the Tennessee Valley is fairly target rich, and I like to be one hour away from our deals.” “We manage our properties, we do the property management. I think the property management model is broken. And so we sort of do that." "We take a customary fee for that, but trust me, were losing our shirts doing that. But to me, it is so important to do the boots on the ground management to deliver on the proforma that has been sold to the investors.” “The model is broken, where you cant really hire top notch people without them basically taking on more than they can handle and make that make that a business itself.” “Self-storage is a great way to play the multifamily movement.” “We feel like being an expert in the community makes it not so necessary for us to focus on asset class expertise if there is such a thing as asset class expertise.” “If we can deliver our investors a reasonable return and still have a 1.2X debt service coverage to us, thats a good deal.” LINK MENTIONED IN TODAY’S EPISODE: Harvard Grace Capital https://www.harvardgracecapital.com/ Harvard Grace Advisors http://www.harvardgraceadvisors.com/ Stewart Heath on LinkedIn https://www.linkedin.com/in/stewartoheath/ Email Stewart Heath ABOUT STEWART HEATH Stewart Heath, CPA is the CEO of Harvard Grace Corporation and Harvard Grace Capital. He previously held positions as COO and CFO for companies in retail, real estate, manufacturing, corporate services, entertainment, and digital media. In 2016, he was recognized as a finalist for the Nashville Business Journal’s CFO Awards. He earned his CPA license in 1987 and has since held several senior financial and operating positions. Heath also holds a B.S. in Business Administration  from Auburn University. He also  sits on several boards, including Winsome Truth, The Shepherd’s Call, and Second Chance Sober Living.

31m

Mar 10

Self-storage can be a lucrative investment opportunity for those who do their due diligence and invest wisely. Take it from our guest Kris Benson as he talks about his path to real estate and how he ended up in self-storage and stabilized his assets. He also discusses the potential risks that investors should consider and the competition from new operators.  Kris also notes the importance of standing out to make a lasting impression on potential investors and finding the great people you know will act on your behalf when there’s a downhill. Listen in as he gives a bonus tip on why expansion is the biggest lever to grow net operating income and maximize return on investment for investors. KEY POINTS FROM THIS EPISODE:  __ __ TWEETABLES: “The more storage there is, the more people use it.” - Kris Benson “The thing I would say from an investor standpoint is, the people who trust you, as an operator, theyre going to be the people who write your check.” - Kris Benson “I was interested in self-storage as an asset class, I was convinced that cap rates and apartments couldnt possibly compress any further than they were at that moment.” - Kris Benson “As an investor, youre trusting the operator to find good opportunities for an exit. For us, its mostly been institutional capital and the REITs that have provided those exits for us.” - Kris Benson “Ive done a fair amount of passive investing in my career. And what I bet on is team and track record..” - Kris Benson “I want to know the people first because, generally, if you have great people, thats a good place to start. When things go downhill, you know those people are going to act on your behalf.” - Kris Benson LINKS MENTIONED IN TODAY’S EPISODE: Reliant Real Estate Management, LLC Website https://www.reliant-mgmt.com/ Reliant on LinkedIn https://www.linkedin.com/company/reliant-self-storage/ ABOUT KRIS BENSON Kris Benson oversees the equity-raising arm of the business, sits on the investment committee, and manages investor relations. In the past 24 months, the Reliant team has been responsible for over $200 million in self-storage acquisitions across the southeastern U.S.  Kris, an executive sales professional brings a wealth of knowledge from his own experience in the commercial multi-family arena. Prior to joining Reliant, he worked for Intuitive Surgical, the developer of the da Vinci surgical robot. Mr. Benson graduated from the State University of Binghamton. Kris currently lives with his wife and children in Roswell, Georgia.

37m

Mar 09

Can winning habits be learned? In the case of real estate syndication, anyone can take advantage of success stories from investors who have learned the ropes through the years. In this episode, Sean Donnelly of Left Field Investors shares valuable insights on how to thrive in a real estate syndication. Life Bridge Capital’s Deana Berg gets to uncover his journey into passive investing and how he continues to make a mark in the industry.   KEY POINTS FROM THIS EPISODE: __ __   TWEETABLES: "You dont have to be the first, just be the swiftest. So just keep going.” “Have grit, have that hustle, have that passion.”  “Never give up on yourself, whatever it is that youre going to, go after it with passion.” “What we want to do is educate people in this passive investing space and make them smarter and better and understand the importance of due diligence.” “Think differently, invest passively.” “Our goal is not to go after the shiny object, but to go after people that go after knowledge, to share that knowledge, and then find operators and sponsors that we know, like and trust.” LINK MENTIONED IN TODAY’S EPISODE: Sean Donnelly on LinkedIn http://linkedin.com/in/sean-donnelly-5807545 Left Field Investors https://leftfieldinvestors.com/  Email Sean Donnelly ABOUT SEAN DONNELLY Sean Donnelly started his real estate investing journey in 2007. However, the recession tested his determination to which he credits today for inspiring him to be one of the best in the industry. Today, he is active in multi-family and funding opportunities through syndications.  Sean earned a degree in finance from Iowa State University and then completed his MBA in 2007 from Otterbein University. 

39m

Mar 08

Today’s guest, Paul Thompson, shares his journey from transitioning out of a nine-to-five job to becoming a full-time real estate investor. Paul talks about how he scaled from single-family rentals to multifamily properties and how he leveraged access to other peoples money to fund his own projects. He dives deeper into the process of doing his own projects as a sponsor, launching a hard money lending fund and some tips for building relationships with investors. He also discusses the challenges of starting a fund and the current economic climate and how it is affecting the fund industry, so don’t miss it! KEY POINTS FROM THIS EPISODE:  __ __ TWEETABLES: “I found a mastermind to be a part that focuses on training you to be a fund manager that was a kind of a shortcut or a hack that I feel like I paid a lot of money for, but it helps me get off the ground so much faster.” - Paul Thompson “Im genuinely looking for somebody who has a problem that has capital. And that problem is I need to earn yield, or I need to create cash flow, I need to grow net worth.” - Paul Thompson “Buying a 40-unit apartment complex is not 40 times harder than buying a single-family unit. Its harder but its not 40 times harder.” - Paul Thompson “Balancing deals to money is why fund managers get paid, because theyre raising capital for it with a certain expectation and going finding a fit in the marketplace for that.” - Paul Thompson “And if youre in a market where the population is growing, and theres net growth in jobs, then they need a place to live. And when you fundamentally offer a product that offers a nice, pleasant place to live, then youre in a good place.” - Paul Thompson LINKS MENTIONED IN TODAY’S EPISODE: Paul Thompsons Website https://pauldavidthompson.com/ Paul Thompson on YouTube https://www.youtube.com/pauldavidthompson Paul Thompson on LinkedIn https://www.linkedin.com/in/paulthompson-wincoreinvest/ Paul Thompson on Instagram https://www.instagram.com/pauldavidthompson/ ABOUT PAUL THOMPSON Paul Thompson is a successful real estate investor and entrepreneur. He used his expertise in real estate to make the transition from the traditional nine-to-five work schedule to becoming a full-time investor. In just a few short years, Paul and his wife were able to turn their dreams into reality. In addition to his own real estate investments, Paul is the founder of My Freedom Foundry and Next Level Mastermind, where he helps other real estate entrepreneurs grow and scale their businesses. Through his companies, Paul shares his knowledge and experience with others and helps them achieve financial freedom through real estate investing.

31m

Mar 07

Working with a real estate banker can be an important part of financing a real estate investment. How should you build a strong relationship to help you secure financing for future projects? In this episode, Brian Tobler of Tobler Capital helps us understand how to raise one’s chances of securing a loan when working with a banker. Take it from this former vice president of the real estate division of two of Denver’s top banks.   KEY POINTS FROM THIS EPISODE: __ __   TWEETABLES: “I think the wisest approach is for the borrower and the bank to feel comfortable with the leverage and what theyre doing, and make sure that its underwritten conservatively.” “We can all get a little excited, the market’s hot, were going to miss out, we all get a little greedy at times. And I think thats where we have to catch ourselves and say, ‘Does this make sense?’”  “Its having your package clean and orderly. So if you have your underwriting that you can submit with your proforma, you have your property and project information all laid out.” “So bringing all that in a Dropbox file, or in some way that the banker can get it, read it, review it and make a quick decision, they can get it into their team into the underwriting a lot quicker." “If somebody comes unorganized, or theyre missing a lot of the material, or theres their financial zone data or something, it starts to raise red flags.” “Usually, bankers are pretty willing, unless theyre just totally overwhelmed. But if you can get them out to a coffee meeting, or a lunch, get to know their personality, and then talk through what youre doing.” “If youve done your homework, the key is to just create a relationship with the banker. Your banker should be one of your colleagues, friends, trusted advisors that you can lean on and ask questions. Bankers are always happy to do that.” “You get to help a lot more people than you know, if youre just helping each operator as they come there.” “I jumped in and started educating myself, started networking and the more I did that I really enjoyed it. This is what Id like to do more of.” “Part of your due diligence not only for yourself but your investors is to get a list of bankers and interview them.” “Im mostly geared towards the multifamily space. Theres a lot of activity going on, and you just want to make sure you understand it, and the underwriting is solid.” Link Mentioned in Today’s Episode: Tobler Capital https://toblercapital.com/ Brian Tobler on LinkedIn https://www.linkedin.com/in/batobler/ About Brian Tobler Brian Tobler founded Tobler Capital after serving as vice president of the real estate division of Denver’s top banks namely,, Central Bank & Trust and Commerce Bank for almost a decade. He obtained his undergraduate degree from Brigham Young University and an MBA from University of Colorado Denver.

24m

Mar 06

In this #Highlights episode, we look back at our conversations with two accomplished professionals who also found great success in real estate investing, Daniel Holmlund and Derek Clifford. Daniel educates full-time professionals about investing in real estate because he believes they can achieve financial freedom faster through real estate investing. Derek shares great tips on juggling your full-time job and real estate investing. If you hope to invest in real estate while still working full-time, Derek shares three essential things: right intentions and consistency, mentors and focus. Whether you are a full-time professional with the ambition to get out of your W2 and go into full-time real estate, or you want to stay in your W2 long-term but just want to be involved in real estate, this show is for you! Listen now and discover the tremendous benefits and opportunities outside your 9-5 schedule! KEY POINTS FROM THIS EPISODE:  __ __ TWEETABLES: “You can talk about the projections, and you can talk about why they are recession resistant, or why there might be exposure to a particular sector of the economy. You can tell the strengths and weaknesses of a particular real estate deal and talk about them in depth.” “There is a way out. It takes time and effort, but if you partner with the right people, or if you have the right intention, if you have consistency, and if you have mentorship, and if you have focus, if you can combine those things together, then you can create an active business on your own.” Links Mentioned in Today’s Episode: Daniel Holmlund on Twitter https://twitter.com/agnathan?lang=en Daniel Holmlund on LinkedIn https://bit.ly/3ZdSOCG Episode 638 https://bit.ly/3y1JKFa Derek Clifford on LinkedIn https://bit.ly/3ZsZPA1 Elevate Equity website https://elevateequity.org/about-us/ Episode 1125 https://bit.ly/3KOneqL About Daniel Holmlund Daniel Holmlund believes that working professionals can achieve financial freedom in 3-5 years while working full-time. Daniel is an engineer for a large, Silicon Valley CPU manufacturer, but in the evening, Daniel works with investors to help them build passive income by partnering with them and purchasing cash-flowing, multifamily investment properties. Daniel is a general partner in 490 units in Houston, Texas, and Memphis, Tennessee, and a member of Think Multifamily, which collectively in 2019 closed $250M in assets, which comprised 4,300 doors over 21 deals. Daniel is also the host of the WIN Multifamily Show, the husband of Hilary Holmlund, and the father of three wonderful kids. About Derek Clifford Derek Clifford is a successful single and multifamily real estate investor, adding 13 out-of-state units to his portfolio in his first year of acquisitions while working a full-time corporate job. Today he is a multifamily investor controlling 250+ apartment units with over $20M AUM (and climbing).  He is also an author, vlogger, and podcast host of the “Elevate Your Equity” Show. He is the founder and CEO of Elevate Equity, a firm that partners with individuals and companies to purchase, improve, and operate cash-flowing multifamily apartment real estate. 

27m

Mar 05

In this #Highlights episode, we look back at our conversations with Jonathan Farber and Emma Powell. They share how taking that first step in their journey to success was one of the most challenging yet rewarding decisions they have ever made. Many real estate investors look back on their lives and wonder why they didn’t get into the game sooner. Not so with Jonathan Farber. At 26, he’s juggling a W2 job with investing, having already signed four single-families and a four-unit property. He attributes his success to his ability to take action. Emma Powell is a supermom who doubles as a real estate superstar. By making small, everyday steps, Emma has accumulated 92 units in just two years, and she believes it is down to one simple recipe. In this episode, we examine her key ingredients and determine why they work so well. We kick things off by looking at her history in real estate, and how she broke into the industry. KEY POINTS FROM THIS EPISODE:  __ __ TWEETABLES: “Reach out to the people. They will be so much more receptive than you think.” “If you are going to spin all these plates, make sure that the ones that crash are the ones that don’t matter. If you want to stop breaking plates, stop spinning so many.”   LINKS MENTIONED IN TODAY’S EPISODE: Jonathan Farber on LinkedIn https://www.linkedin.com/in/jonathanfarber1/ Episode 657 - Jonathan Farber https://lifebridgecapital.com/?p=10579 Emma Powell on LinkedIn https://www.linkedin.com/in/emmapowell28/ Highrise Group https://www.highrise.group/ Passive Income Real Estate Investing https://www.facebook.com/groups/passiverealestate Episode 743 - Emma Powell https://lifebridgecapital.com/?p=11550 ABOUT JONATHAN FARBER Jonathan Farber is a 28-year-old side hustle investor currently living in Raleigh, North Carolina. He grew up in Long Island and spent three years in Raleigh working in software. Jonathan started investing in real estate by acquiring single-family rentals. He has four single-families and one four-unit through the house hacking strategy. The host of the Millennial Millionaire Through Real Estate Podcast, Jonathan is an avid golf player who enjoys personal development and trying new things. ABOUT EMMA POWELL Emma Powell and her husband of 26 years, Troy, now live in Salt Lake City, Utah after 20 years in Austin, Texas. They started investing in real estate in 2018 and 2019 after a layoff using cash from a personal home they lived in and refurbished. After acquiring eight rental units and wholesaling two of them, Emma quickly recognized that multifamily real estate was where she wanted to invest in and put her focus. In 2020, she purchased an Idaho 50-unit complex in a 506c syndication and a Little Rock 34-unit 2-property portfolio in a joint venture. 

27m

Mar 04

Investing in real estate requires thorough underwriting, strategic partnerships, and continuous market research. Corey shares his background in commercial real estate and his success across multiple states in multifamily investing, making him produce a portfolio of over $1M.  Fair Winds Capital Investments also exemplifies these qualities by taking calculated risks and exploring new markets while learning from their experiences. Tune in as Corey shares his company’s debt financing strategies and the companys growth plans and predictions about the future of the economy. Listen now! KEY POINTS FROM THIS EPISODE:  __ __ TWEETABLES: “Im definitely on board with partnerships and invested dollars, my own dollars and bringing it all in together to take down a good deal.” - Corey Chonsky “For us, we wanted to get as much capital as cheaply as possible. And we went with the blended approach.” - Corey Chonsky “Id much rather have partnerships involved in taking down a property than just me trying to do it all on my own.” - Corey Chonsky “The blended approach to financing allows us to get as much capital as cheaply as possible, reducing the blended rate as much as possible. With the current market conditions, bridge loans could be around 7-7.5%, but with the blended approach, we can get capital at a lower rate.” - Corey Chonsky LINKS MENTIONED IN TODAY’S EPISODE: Rich Dad Poor Dad Book https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194 Fair Winds Capital Investments Website https://fwcinvestments.com/ Fair Winds Capital Investments on Facebook https://www.facebook.com/FWCInvestments/ Fair Winds Capital Investments on LinkedIn https://www.linkedin.com/company/fair-winds-capital-investments ABOUT COREY CHONSKY In 2015, Corey was stationed in Norfolk, VA, where he began his real estate investing career. He began his investing much like other investors by purchasing and rehabbing distressed single-family properties. While building his real estate portfolio, he doubled his portfolio every year even while continuously focusing on his primary duties as a Naval Officer, which included several deployment workup cycles and being deployed for the majority of 2016 and 2018. He has built a personal portfolio of 53 units worth over $5 million As Corey winds down his Naval career, he positions himself to fully transition into real estate investing and apartment syndication. He is the lead managing member of a small apartment syndication in the Ocean View area with 23 units across six properties worth $1.55 million. As he moves on from a truly rewarding career in the US Navy, he looks forward to fully committing himself to a life in real estate that will only be second to his family.

22m

Mar 03

True to the popular real estate quote, “Location, location, location,” savvy investors can benefit from property investing through high rates of return and significant tax benefits only if they know how to select their markets. In this second of a two-part series, Charles Carillo of Harborside Partners delves more into the long-term strategies he uses to sustain his growth in the industry. Discover what markets he prefers and the one factor that has contributed to his success.   KEY POINTS FROM THIS EPISODE: __ __   TWEETABLES:  “Im looking for light value adds. And thats been what weve been working on over the last year or two.” “The average C Class tenant has less than $400 in savings. So just think of having their hours cut will dramatically delay when youre getting paid.” “You dont want someone paying rent by going to the payday loan. And so its very important to buy in better areas.” “I personally rather make 10% or 12% on keeping it invested, and you keep all your tax benefits as well compared to just leaving it in the bank.” “You have to read into stuff and thats what I like to do and really realize whats happening.” LINK MENTIONED IN TODAY’S EPISODE: Harborside Partners https://harborsidepartners.com/ About Charles Carillo Charles Carillo is a managing partner at real estate syndication firm Harborside Partners. He has been actively involved in the company since 2006, overseeing all acquisitions, investor relations and strategic partnerships. He obtained a management and entrepreneurship degree from Central Connecticut State University.

16m

Mar 02