Learning from your Failures

As we wrap up the final episode of the No BS Apartment Investing Podcast, I want to extend a heartfelt thank you to all our incredible listeners and guests who've joined us over the past four seasons. Together, we've explored various real estate topics and shared true stories, pitfalls, and heartaches that real estate investors face, providing valuable insights and lessons for new and seasoned investors. 

But this isn't the end of our journey together - it's the start of an exciting new chapter! We're undergoing a rebrand with a fresh new name and logo, exploring every aspect of real estate, from residential and commercial to flipping properties, investing in REITs, and using retirement accounts for real estate investments. As we embark on this thrilling new adventure, I invite you to join us and share your input on who you'd like to hear from, and what you'd like to learn. Here's to the future of our real estate investing community!

In this episode we sit down with real estate developer Justin Smith, we discuss his journey into  development, and what ignited his passion for it. We also discuss the need to know about development, how to get started in the space, and how to build your team, connections, allies and the ways to approach a development deal from a numbers perspective. Justin also shares the most common mistakes that people make when getting into the development space and how you can avoid them. 

Justin Smith is the founder of Relequity Enterprises, a Private Equity & Real Estate. Relequity.com acquires Multi-Family Real Estate in the SouthEast and MidWest Markets. He is currently general partner on 360 units of housing in Des Moines, Iowa.  He is set on increasing that ownership level to over 1000 units in 2021. He also advises on private client developments in TX, CA, and OH.

Smith leads projects through the predevelopment stages, design management, construction and finally asset management life - cycle.  Under his direct leadership 1,356 units of housing or (3,200 beds) were constructed over the last 6 years, exceeding $422M in project value. He is particularly proud of projects such as Hale Mahana in Oahu, HI and Union on Elizabeth in Fort Collins, CO.

On this episode, we chat with Aharon Goins about using what's around you to succeed. Many times we get caught in the paralysis by analysis phase and fail to get anything done, we get caught up in the next "big thing". Aharon shares tips to help avoid these pitfalls. Resources surround us everywhere, its up to us to make the best use of them in order to find success.  

Aharon is an active real estate investor and retired military veteran. Aharon hosts the weekly All in on a real estate meetup every Thursday at 7:00 pm EST.  The mission of the meetup is to teach the attendees the benefits of real estate investing.

Aharon got into real estate because he wanted to get out of the “Rat Race” of working for someone else and to change lives for the better. He is determined to help people build generational wealth through real estate not only for them but for their families.

CASHFLOW is the name of the game and in this weeks episode,  we speak with Jennifer Beadles about why she is Addicted to ROI, why she looks for assets that cashflows Day 1, buying assets in areas that are less desirable which has helped her amass a portfolio consisting of over 265+ doors and counting.

Jennifer is a multifamily investor and coach, specializing in value-add multifamily. She owns just under 265 units in 8 different states. With just under 15 years of experience in the real estate industry, Jennifer has experience with many investing strategies including BRRR, value-add multifamily, build-to-rent, and investing out of state. 

Through the company she founded, Addicted to ROI, Jennifer helps hundreds of investors build and scale their own rental portfolios using her proven framework for achieving financial freedom

On this episode we sit with Lisa Hylton as she details her journey to becoming a fund manager in the multifamily space. We discuss topics such as the A to Z's of starting a fund, the proper way to manage a fund, avoiding securities issues, SPVs and much more. 
She is the host of the The Level Up REI Podcast, and VP of Finance for a Real Estate tech start up and founder of The Fund Manager Accelerator Course and  Lisahylton.com - A commercial real estate Fund management firm that was created to help accredited investors gain diversification across private commercial real estate investments. 

In this episode, we sit down with Tommy Brant as we discuss his investing journey as well as almost getting into a bad deal that could have ended up catastrophic for the duration of the deal. Tommy shares some key points that new investors should consider when looking at deals as well as some marketing tactics that have helped him get a better conversion rate.
Tommy is a ‘recovering‘ electrical engineer and data scientist turned full-time Real Estate Investor. He started TB Capital Group as a tool to buy real estate with family, friends, and partners. He helps busy professionals accelerate their wealth through passively investing in real estate. 
His goal is to help others achieve ULTIMATE freedom (which can’t be done without being financially free)
Portfolio of LTR, STR, and apartments - invested in 356 units, totaling $33M in assets.

On this episode, we sit down with Albrey Grimsley, CEO of Life Legacy Capital, Co-Founder and Managing Partner at Synergy Paradigm Capital, a privately held commercial real estate investment company. We discuss the aspect of thinking outside the box by not following what the crowd is doing, learning to see the bigger picture in everything as well as being your own bank.

As an investor, she has gained a wealth of knowledge in commercial real estate acquisitions and asset management. This has led to extensive operating expertise and an intimate understanding of each of the submarkets in which we acquire property to identify underperforming assets and solve the root issues that represent a significant value-add play for our investors. 

In addition to being an entrepreneur, she has a strong background in facility management, real estate, education, and sports. She is well-versed in nonprofit capital leadership, mentorship, public speaking, event hosting, and commercial real estate investments. She is the owner of the nonprofit, Like It R Love It Inc, which houses the L.I.F.E Sports Academy program and operates in several locations within the United States and abroad. 

While creating mentorship opportunities through her organizations, and community partnerships, and serving as a former collegiate coach for over a decade, her leadership has led to building champions in their respective professional fields and communities. Her passion for adding value to others has led to her creating the Life Legacy Capital Investor Club which allows working professionals and entrepreneurs to leverage her team’s capital to continue building generational legacy wealth. This passion for adding value to others has also led to being the managing partner with YouthServ Academy, a private school that focuses on academics and mentorships which allow students to prepare for potential careers while in high school.

Albrey is ALWAYS looking to connect with phenomenal individuals!

In this episode, we sit down with Amy Tiemann, a syndicator out of the Texas area who shares with us what she looks for when investing with operators and how to effectively vet an operating team. She also shares with us how she carried over her HR skills to the Multifamily space and her craziest scary story that can potentially make you question if you'd rather be a passive investor over an active one.

Amy has a long history in construction - her grandfather started a glass company in 1960, and her father took it over in 1972. Amy spent a lot of time going to job sites with her father. After graduating from Purdue, with a degree in Organizational Leadership, Amy returned home. Her father asked her to join the family business, but she had other plans on her mind.
Amy made the move to tech and worked in HR. Amy worked for major companies such as Phillips, IBM, and Applied Materials. Suddenly, in 2001, she found herself going through a painful tech downturn, with the burst of the dot-com bubble. After surviving several rounds of layoffs, Amy found herself burned out in tech and HR. At the time, her husband started a small construction company. Amy realized this was her opportunity to return to a field she knew a lot about, and she was looking for a new challenge.

The new construction company was created in 2004. Over the course of 12 years, she built Tiemann Construction into a national retail construction firm servicing 16 states. From there, the company pivoted to multifamily renovations – along with a real estate investing arm of the business, in 2008. Tiemann Construction was named the multifamily vendor of the year for the Austin and San Antonio market for a large real estate investment association in 2012. Tiemann Construction renovated over 50 multifamily properties in Austin, San Antonio, and Bryan/College Station areas.
Amy’s first multifamily investment was in 2010. Amy and her husband became active in multifamily investing and real estate investing while managing their construction business. By 2015, made the decision to focus on real estate investing, and in 2017 went out on her own.

With decades of experience in the real estate industry, Amy brings a well-rounded perspective to the company. A graduate of Organizational Leadership from Purdue University, Amy is able to collaborate cross-functionally in order to bring an unrivaled service level to her properties.

Lawrence Latty AKA Mr INTERNATIONAL retired from the New York City Transit Authority where he was a dedicated public servant for four decades as a train operator in the New York City subway system.  As a train operator he has trained over 900 personnel in safe train operation. 

He is now focused on growing his real estate portfolio that he has managed for the last 30 years that was started by his parents when they purchased their first investment property in the Bronx NY in 1971.

To integrate his passion for real estate and people he founded one of the most popular and value intense meetups in 2020, Finacial Independence Through Small Multifamily Investing. A weekly virtual meetup, with guest speakers, and investors from around the country and 
sometimes the world. We come together to network, discuss projects, and work on personnel development.

Lawrence also created the 4P system that was developed through the training of over 900 personnel to help improve likability, and develop trust among students and others. This has allowed him to develop an amazing network, and become known as a master connector.

Adrian is the CEO and Founder of St. Joseph’s Capital, a commercial multifamily
real estate syndication company with the purpose of inviting and educating faith
driven leaders into a world of new streams of tax-advantaged passive income and
impact.
St. Joseph’s Capital assists investors nationwide investing in real estate, while also
donating 50 percent of profits to assist missionaries committed to sharing the hope
and joy of the gospel with high school and university students on campuses around
the globe.
Adrian is also the host of the St.Joseph’s Capital podcast, which is a collection of
interviews with top experts in the real estate industry, with a focus on the synergies
between faith, personal growth, impact creation, and real estate investing.
Adrian is a member of the Active Duty Passive Income (ADPI) Military Multifamily
Academy, a tight-knit community of motivated military investors who have
collectively partnered on over $140 million in multifamily deals, and a member of
Raisemasters, the number 1 mastermind for elite capital raisers, who have
collectively assisted over 1,000 investors receive the advantages of investing in
commercial real estate.
In addition to his involvement in the real estate industry, Adrian is a Catholic
husband, father, and U.S. Coast Guard (USCG) Officer. Adrian has served in a
variety of roles for the USCG conducting and planning search and rescue, drug
interdiction, alien and migrant interdiction, illegal, underreported, and unregulated
fishing law enforcement, and planning international partnership-building missions.
Go to www.Stjosephscapital.com to receive access to their new course, “An
Introduction to Passive Real Estate investing”, which includes educational
resources including our new book 13 Advantages of Real Estate Syndication and
more.
Connect with him on Linkedin at https://www.linkedin.com/in/adrian-chuquillangui