Episodes
3
July 11, 2022
185: Quality Multi-Family is Still Commanding
Prices on quality Multifamily assets are holding firm. Although there are significant price reductions in older properties, Class B+ and A- in growth markets are holding firm because of the huge amount of capital still flowing into this stable asset class. These days you can expect a 4% annual return on your money and an IRR of 10-12% on these deals. Mark Hamilton, Founder of Hamilton Zanze in San Francisco, owns over 23,000 units, and has over three decades of multifamily experience. Learn mo...
2
July 8, 2022
184: Mobile Home Parks Are Still Great Deals in Small Markets
Ma and Pa operators all over the country are selling their Mobile Home parks to investors as they reach retirement age, and there’s lots of great Value-Add deals to be had. When you have limited supply, an increase in demand, and the most affordable housing option available, you have an incredibly attractive asset class. Todd Sulzinger, Founder of Blue Elm Investments, is acquiring Mobile Home parks in smaller markets outside growing metro areas. Learn more at https://www.streetsmartsucces...
1
July 6, 2022
183: Great Self-Storage Opportunities in Tertiary Markets
In major markets, the competition in self-storage is fierce with REITS and other institutional players competing for customers. In smaller markets, however, there are ma-and-pa owners who have not maximized their operations and therefore represent great opportunities for professional operators to invest. Mark McGuire, Chief Investment Officer of Hearthfire Holdings is finding these opportunities and is generating compelling returns. Learn more at https://www.streetsmartsuccess.com
12
July 4, 2022
182: The Best Way to Avoid Real Estate or Business Taxes
The biggest inhibitor to growing wealth is taxes. That’s why the best investing opportunity over the past few years is Opportunity Zones where you can defer capital gains and avoid depreciation recapture, plus other great benefits. Ashley Tison, Founder and President of OZPros.com, is an expert in structuring Opportunity Zone opportunities for entrepreneurs to make great Opportunity Zone investments or create Opportunity Zone funds in underserved areas all over the country. Learn more at h...
11
June 27, 2022
179: Following The Crowd Is The Wrong Way to Go
No matter what the economic trends, there’s always an opportunity to make money. You just need to see where the market’s heading. It’s not always in synch with the media and where everyone else is investing. Bob Fraser, Founder and Principal at Aspen Funds, has a very successful debt fund which has provided investors predictable, monthly cash flow for several years. Bob is also offering great opportunities for his investors to participate in syndications in other attractive asset classes, inclu...
10
June 24, 2022
178: Strip Center Success in Phoenix
Finding a niche within a niche can provide extraordinary returns by reducing risk and insuring repeated success. Sean Katona, Landlord and Commercial Real Estate Investor at Simplified Properties, specializes in value-add strip centers in Phoenix and focuses on B- to A- class assets in specific neighborhoods. This strategy helps him get better deals on the acquisition side and great connections on the leasing side. Learn more at https://www.streetsmartsuccess.com
9
June 22, 2022
177: The Multifamily Sale Market is Changing
As interest rates have climbed, the multifamily market has started to slow down for the first time in years. Cap rates for C class multifamily properties are on the rise so there may be buying opportunities ahead. Institutional buyers are sticking to Class A properties in high growth markets. Ben Leybovich, Principal of White Haven Capital in Phoenix, started with 80’s vintage properties but has transitioned to 2000’s properties over the last year. Learn more at https://www.streetsmartsucc...
8
June 20, 2022
176: The Next Airbnb For Things on Wheels
When you have extra things that don’t fit in your home, self-storage is a perfect solution. When you have a car to store, or an RV or Boat, what do you do then? Carmelo Mannino, CEO of STOW IT, has the solution. STOW IT is becoming the Airbnb for things on wheels. STOW IT finds hosts who have extra space available and matches them with customers looking for a space to store their vehicle. It’s a brilliant win for hosts who generate extra cash and for customers who don’t have a place to store ...
7
June 17, 2022
175: Big Returns in Value-Add Warehouse Space
Value add B and C class industrial is a great way to generate high double digit returns. When you can buy a building with lower-than-market lease rates and vacancies, you can increase revenue and create great value. Jeremy Mercer, CEO of Matador Capital, has been acquiring commercial properties with friends and family for the past 13 years and since 2020, has started raising outside money to expand upon a winning formula. Learn more at https://www.streetsmartsuccess.com
6
June 15, 2022
174: Find a Niche and Fill It
Finding an undiscovered niche in the Real Estate market is not an easy thing to do. Jeremy Goff, CEO of Hiram Capital, identified a niche serving developers of industrial property in secondary and terciary markets that are building infrastructure to accommodate the growth of ecommerce. Jeremy is providing debt to this sector to fill the gap of what banks will lend versus how much capital is needed and is providing his investors solid, low risk returns. Learn more at https://www.streetsmart...
5
June 14, 2022
173: If You’re Not Fixated On One Strategy, You Can Be Flexible For Different Opportunities That Make Money
Leverage has helped a lot of multifamily operators generate great returns over the past decade, but too much leverage and an uncooperative market can cut the other way and end up badly. When underwriting deals, it’s critical do be overly conservative to account for realistic rent growth and growingexpenses. Jordan Fisher, Principal of Next Wave Investors, incorporates ruthless conservatism into his underwriting in order to do well by investors and never lose a penny of their money. Learn m...
4
June 10, 2022
172: Look Where Others Aren’t And Reap The Rewards
There’s an unprecedented amount of money going into Real Estate right now, so It’s become increasingly difficult to get yield. If you’re willing to look where others aren’t, however, and scour opportunities in smaller markets for different asset classes, you may be surprised by what you find and the returns you can get. Ash Patel, Value Add Real Estate and business investor and a host of the Best Ever Real Estate advice podcast, has had great success finding deals where others aren’t looking ...
3
June 8, 2022
171: Why Phoenix Will Continue to Soar
Manufacturing constitutes the holy grail of job growth and Phoenix has become a tier-one city for manufacturing. Craig Coppola, Commercial Real Estate Broker and Advisor, and the top earning broker in the history of Lee and Associates, believes Phoenix will continue on its torrid trajectory as Phoenix produces incredible job growth that will continue to support the in-migration that comes with it. Learn more at https://www.streetsmartsuccess.com
2
June 6, 2022
170: Great Retail Centers Are as Relevant as Ever
Real Estate is a vehicle to get extremely rich, but slowly. If you own the right property in growth markets, your returns and your net worth will grow beyond your imagination over the years. Todd Nepola – President at Current Capital Real Estate Group in South Florida, started out when he was 25 and has bought industrial and retail centers from less than $1,000,000 to $25,000,000 with conservative leverage and very hands-on management. Todd is an expert in these asset classes and only buys pr...
1
June 3, 2022
169: When Is It Time to Sell Your Property That’s Gone Up 5x or More in Value But The Cash Flow is Underwhelming?
What happens when your small commercial Real Estate investment appreciates like crazy, but your rents don’t keep up. If you’ve had your property for a long time in a coastal market, you’re cash-on-cash returns against your equity can go down to as low as 2%. That’s when it’s time to exchange into another commercial property where your monthly cash flow is a lot higher. Nick Lamagna, Real estate investor and podcast host, can help you find a replacement property, especially a small to mid-size...
12
June 1, 2022
168: Knowing How to Vet Partners is The Most Valuable Skill Set An Investor Can Develop
When it comes to investing, we all want outsized returns. This is possible to achieve in the right industries with the best-in-class operators. Cash flow is king, appreciation can be incredible, and smart tax strategies compound the velocity of money. Dave Zook, Founder of The Real Asset Investors, is a savvy investor who’s created lucrative partnerships with proven, vetted, experienced operators in ATM’s, Multifamily, Self-Storage, and other assets including his latest foray into Car Washes....
11
May 30, 2022
167: Learn From an Investor Who’s Replacing His W2 Income with Real Estate
Retail strip centers, Medical Office, Land, Debt funds, Multifamily, there are a lot of ways to generate passive cash flow in Real Estate. It all comes down to finding the right sponsor. Trevor Thompson got laid off during the pandemic from a job he had for twenty years and has since been passively investing in Real Estate. Trevor has also been actively involved on a couple of deals as well. Learn more at https://www.streetsmartsuccess.com
10
May 27, 2022
166: Knowing How To Operate C Class Apartments At a Big Profit
It takes a different level of skill, expertise, and experience to manage Class C apartments, but the cash flow generally exceeds Class B and Class A properties. You just need to know how to manage the tenants and have the right processes and procedures. At $50,000-$70,000 per door with $5,000-$10,000/unit in rehab, the cash flow is attractive for investors. Matt Faircloth, Owner of the DeRosa Group, is an expert at C Class properties and has gotten great returns for his investors. Learn mo...
9
May 25, 2022
165: Regardless of Market Conditions, There Are Always Great Opportunities
There’s no such thing as the “Real Estate market.” Regardless of macroeconomic trends, even in recessions, each market is different and there are always great opportunities if you have the ability to see them. Jason Yarusi, of Yarusi Holdings, and ex-college football player, is based in Nashville and is doing ground up residential projects, a motel-to-Short-Term rental conversion, plus under-performing Value Add multifamily. Jason also hosts the Multifamily Live podcast. Learn more at http...
8
May 23, 2022
164: The Renovation Process Can Make or Break a Deal
When it comes to value-add projects, knowing the construction process, including accurate costs, is essential. A sponsor can get in over their heads quickly if they don’t know how to manage construction. Jeff Rosenfeld, Executive Vice President and Chief Business Development Officer of Adivo Construction, a national General Contracting company, specializes in value-add multifamily. He discusses the different aspects of rehab projects and why it makes sense to deal directly with a General Cont...
7
May 20, 2022
163: Risk Adjusted, Lucrative Ground Up Development
As a young residential realtor in Ann Arbor, Michigan making over $1,000,000/yr in the late 90s, to large ground up Multifamily and Condo projects he’s currently doing, John Bogdasarian has done it all. Founder, President, and CEO of Promanas, John raises the capital and handles the back end for different developers who have proven track records in the country’s fastest growing markets where demand far exceeds supply. John also invests in other businesses where the returns can be extraordinar...
6
May 18, 2022
162: 70% Operating Margins Make Self-Storage a Great Business
Compared to some other Real Estate classes, Self-Storage has steadier income, smaller expenses, and greater operating margins. Self-Storage is also a great recession-resistant investment. Tom Dunkel, Managing Director of Belrose Storage, is acquiring self-storage facilities directly from sellers in the mid-Atlantic region and the Southeast with big value-add opportunities. Tom has successfully increased income and lowered expenses to achieve great returns for his investors. Learn more at h...
5
May 16, 2022
161: With The Right Partnerships, 1 = 1 Equals 5
In Real Estate you can achieve a lot on your own, but you can scale a lot faster and more successfully with the right partnerships. There are too many functions required in Real Estate to scale efficiently on your own. Jerome Maldonado, Founder/Managing Principal of Quad J Capital Holdings, LLC, Real Estate investor and developer, built a great portfolio of homes, retail, and warehouses, but has really scaled his business to new heights since 2018 with several lucrative partnerships across se...
4
May 13, 2022
160: Flipping Land Can be Very Profitable, Flipping Commercial Properties Can Be Even More Profitable
The ROI on land flipping is unparalleled. You can make 300% on your money or even more by buying a piece of land and selling it to the owner of a neighboring property, a developer, or someone else who wants to own the property. You can find great deals with simple and affordable direct mail campaigns. The same marketing tactics can also apply to commercial properties for hundreds of thousands in profits. Tim Krause, land investor, has been flipping land for only two years and has already done o...