Episodes

The multifamily market has been so hot in recent years that pretty much everyone has prospered. These days, however, many newer operators are so hungry to get deals that they’re grossly overpaying and often times undercapitalized. If history repeats itself, a lot of these operators will be underwater and they’ll take their investors with them. Today’s guest, Neil Bertrand, Executive VP of REIT Group Ventures, has been in the business for almost 25 years and seen numerous cycles. Right now, Ne...

Major metro markets like Atlanta, Phoenix and Dallas are seeing huge employment and population growth, but there are much smaller markets that are also growing. Some markets with fewer than 500,000 people have almost no supply of available apartments with near 100% occupancy and therefore represent great opportunities for investors. Today’s guest, Nathan Clayberg is Assistant VP of MLG Capital in Milwaukee. MLG is raising a $350 million fund that invests directly or JV’s in 200+ unit apartment ...

Investing in hard Real Estate assets can be great for appreciation, but getting cash flow Is harder than ever and your investment is illiquid. Investing in notes, however, can be a way to generate great cash flow and super high returns without having to tie your money up for years. Today’s guest, Jay Tenenbaum, Co-Founder & President Of Capital Development at Scottsdale Real Estate Investments, is building a great business in the note space and is offering great returns for investors. Learn mo...

Multifamily values have accelerated over the past few years. A huge increase in household formation, Baby Boomers choosing to rent, 70 million millennials of whom choose to rent…all bodes well for multifamily. Investing in multifamily, however, still has its’ risks. Today’s guest, Lee Harris, President and CEO of Cohen Esrey, an apartment acquisition, development, and management company, has seen multiple cycles over 45 years and knows how to avoid risk. Learn more at https://www.streetsmartsu...

Most real estate asset classes are efficiently priced. With raw land, however, you can buy lots at literally 30 cents on the dollar. With very few start-up costs you can launch a Direct Mail marketing program that gets you a deal in your first month. Today’s guest, Dan Haberkost, Owner of Front Range Land LLC, is in his mid-twenties and buying and selling land quite profitably in the state of Colorado. He’s also building single family homes. Learn more at https://www.streetsmartsuccess.com

The economy has been in bull territory for over a decade, but this will not last forever. One Real Estate asset class, however, will not only sustain, but will thrive in recessionary times. This is Mobile Home Parks. Today’s guest, Jeff Cook, Managing General Partner at Cook Properties, is the largest owner of Mobile Home Parks in the state of New York and recently acquired a $124 Million portfolio. Learn more at https://www.streetsmartsuccess.com

Having a great niche results in making more money because of better operating margins, a competitive advantage, more efficient processes, and a more streamlined business development effort. Today’s guest, Chris Winterhalter, CEO and Co-Founder of Hotel Rehabs, specializes in hotel rehabs all over the country. His clients are the world’s biggest hotel brands and his business is growing at an impressive clip. Learn more at https://www.streetsmartsuccess.com

When it comes to investing in Real Estate, there’s more ways to do it than directly buying properties. One way is to invest in notes and not have to deal with renting out and maintaining properties and dealing with tenants. Today’s guest, Scott Carson, Owner and Managing Member of WeCloseNotes.com, an Austin based, defaulted note buying company, has made a phenomenal career out of investing in notes since 2008 and has helped thousands of others learn about the note business. Scott is also a nat...

There’s an exodus of people escaping cities in search of more space, tranquility, lower taxes, and they want to own tangible assets. As a result, rural land is appreciating outside of major metros at all-time highs. Today’s guest, Neil Hauger, of Whitetail Properties, is a high-performing land broker in the Upper Midwest who’s distilled land marketing down to an art form. Learn more at https://www.streetsmartsuccess.com

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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