Logo
    Search

    The Note Buying Business with Ellis San Jose and Martin Saenz of @Note Investing Made Easier #DDRE13

    en-usSeptember 25, 2020

    About this Episode

    Ellis San Jose is Director at The Note Guys and Group Leader for Real Estate 360. He is a full-time residential and commercial real estate investor and co-founder and leader of For Investors By Investors (FIBI). Martin Saenz is a Managing Partner of Bequest Funds, a national mortgage investment company with the dual purpose of helping investors grow their wealth and helping mortgage borrowers stay in their homes. He runs Note Investing Made Easier. 

    Recent Episodes from Data Driven Real Estate

    Spencer Rascoff, Co-founder of Zillow, Pacaso, dot.LA, and 75andSunny #DDRE43

    Spencer Rascoff, Co-founder of Zillow, Pacaso, dot.LA, and 75andSunny #DDRE43

    Spencer Rascoff is a serial entrepreneur and company leader who is now the chair and co founder of Pacaso, dot.LA, and Supernova. He also is co-founder and general partner of 75 & Sunny, a VC firm that focuses on early stage startups and he also serves on the board for Palantir. But most of us watching or listening to this show know Spencer from Zillow, which he co-founded in 2006, and served as CEO for a decade.

    00:00 The Data Driven Real Estate Podcast Welcomes Spencer Rascoff, Co-founder and former CEO of Zillow, Co-founder and Chairman of Pacaso, dot.la and Supernova, Co-founder and General Partner of 75 & Sunny and Board Member of Palantir
    00:54 Briefly mentioning the state of DDRE
    1:10 How did Spencer get involved in so many industries?
    3:37 Spencer's wide breadth of investing and investing philosophy
    8:55 What is Pacaso and how does it work?
    20:00 Supernova, Offerpad, SPACs and iBuying
    20:31 What excites Spencer about Offerpad?
    31:00 Spencer's past, present and future with iBuying
    34:00 Can Wall Street and property technology survive another downturn?
    44:02 What data does Spencer wish he had and the future of real estate
    49:45 Spencer's favorite software collaborators
    51:53 What technologies could we see changing the state of real estate?
    55:04 The current state of the DDRE Podcast and its future

    Wall Street Institutional Investors and Scaling Business with Tommy Christy, ILoveHouses.com #DDRE42

    Wall Street Institutional Investors and Scaling Business with Tommy Christy, ILoveHouses.com #DDRE42

    Tommy Christy is CEO of Alpine Holdings Inc. and Owner of ilovehouses.com, an asset acquisition platform aimed at facilitating property purchases nationwide through digital advertising and online media platforms. Tommy has over a decade of real estate investor experience and over $500 million in investment activity. He helped acquire, renovate, and lease over 2,700 homes in Northern California working with Invitation Homes. He's also done over 1,000 foreclosure and distressed flips personally.

    Get your questions answered on the upcoming show by posting your questions in our community: https://bit.ly/ddre-42

    00:00​ The Data Driven Real Estate Podcast Welcomes Tommy Christy, CEO of Alpine Holdings, Inc. and owner of ILoveHouses.com
    01:19​ Who is Invitation Homes?
    03:41​ How did Tommy started in real estate?
    12:25​ What were Wall Street institutional investors, like Invitation Homes,  chasing during the foreclosure crisis
    14:07​ Key lessons from Invitation Homes that transferred ilovehouses.com
    29:20​ What key markets is Tommy focused on
    40:29​ Land development, flipping, and rentals?
    45:45​ How can investors scale their business? What role is the BRRR model playing in his business?
    49:50​ What data is important when selecting properties
    53:52​ What KPIs are important for digital marketing? Why Tommy may be going back to direct mail marketing.
    56:22​ What opportunity is ahead in 2021for real estate investors?

    Pandemic Real Estate Investing Opportunities with Melissa Shea #DDRE41

    Pandemic Real Estate Investing Opportunities with Melissa Shea #DDRE41

    Melissa Shea is the CEO of a Real Estate Integrated Company - Everyday RE Group, the President of the LIREIA (Long Island Real Estate Investors Association), has a NY brokers license, a licensed commercial lender for Everyday Funding, and EXIT Realty regional owner for Connecticut and Rhode Island. She has been an experienced Real Estate investor for the past 15 years and has raised over $35 million for real estate projects. She is committed to helping the homeless and is a mother of 8 children. On this week's show, Melissa shares how divorce helped her get further into real estate, her unusual launch into owning LIREIA and mentoring, her mix of flips and holds, and how opportunity is emerging in states like New York and New Jersey due to the pandemic response.

    Get your questions answered on the upcoming show by posting your questions in our community: https://bit.ly/ddre-41

    00:00​ The Data Driven Real Estate Podcast Welcomes Melissa Shea CEO of Real Estate Integrated Company and President of Long Island Real Estate Investor Associations (LIREIA)
    00:45​ From divorce to running a REIA, Melissa's unusual path into real estate investing
    07:00​ Melissa's unexpected entry into mentoring and the important of action
    10:37​ The mix of flipping and buy and hold properties
    12:26​ Where is flipping best?
    14:33​ The number one skill she tries to teach her agents that has been a key source of her success
    17:41​ How New York's tenant rules has impacted local land lords and potential opportunity in struggling landlords
    34:30​ What data does Melissa use in identifying buy-and-hold real estate markets?
    42:02​ What real estate strategies is she currently focusing on?
    43:23​ Reverse mortgage strategies for real estate investors. 

    Finding Your Niche in Real Estate with John Schaub #DDRE40

    Finding Your Niche in Real Estate with John Schaub #DDRE40

    John Schaub has prospered during seven recessions, numerous tax law changes, and interest rates ranging from under 3% to 16% in his 40+ years as a real estate investor. His 2005 best-selling book, Building Wealth One House at a Time, has helped 100,000+ real estate enthusiasts on their way to successful invest­ing. This week we discuss how John started in the business and why he landed on more expensive inventory at higher price points for rentals. We learn how he identifies his perfect deals and why self-management is important.

    Get your questions answered on the upcoming show by posting your questions in our community: https://bit.ly/ddre-40

    00:00​ The Data Driven Real Estate Podcast Welcomes John Schaub
    00:31​ When did John started in the real estate business
    03:47​ What changes were made to the latest edition to "Building Wealth One House At A time"
    04:07​ Buying more expensive houses in better neighborhoods for rentals
    08:13​ What attributes make up the perfect lot?
    14:17​ When is the best time to sell real estate?
    17:42​ What is a shared appreciation agreement?
    19:30​ Does John use public records to find deals?
    22:55​ Is debt a good idea for real estate investors at such low rates?
    23:54​ Is now a good time to buy real estate
    29:07​ Building relationship with tenants and tips on finding great ones
    35:07​ Is self-management critical for real estate investors?
    37:03​ What advice do you have for new investors just getting into the business?
    50:02​ John's charity work in housing

    Land Investing and Sales with Jeff Tumbarello #DDRE39

    Land Investing and Sales with Jeff Tumbarello #DDRE39

    Jeff Tumbarello is the Broker/Owner of Steelbridge Realty LLC. He’s a data-driven expert in Southwest Florida that has survived hurricanes, a foreclosure crisis, and seasonal extremes. Jeff Tumbarello has performed market metrics and product modeling for capital markets and several private equity firms. His specialty is land acquisitions and sales in Florida which has unique challenges. He is also the founder of the Southwest Florida Real Estate Investors Association. Marine veteran.

    00:00​ The Data Driven Real Estate Podcast Welcomes Jeff Tumbarello of Steelbridge Realty LLC
    03:15​ How Jeff got started in real estate
    05:57​ What is a real estate investor association
    10:15​ What does a typical land investment look like in Florida?
    18:49​ Jeff talked about what happened to the market after hurricane Charlie and how investors survived
    25:47​ Is land banking a key strategy?
    27:11​ The return on investment when it comes to land
    29:25​ What type of leads are targeted
    31:06​ What are key channels for marketing to potential land sellers
    38:18​ Why investors should blame or be worried about ibuyers or proptech
    40:24​ What makes a perfect team for land acquisition and sales?
    48:58​ What technologies are used to help Jeff's land acquisition and sales teams market and close deals
    53:10​ Jeff's predictions about the red-hot housing market in Florida

    Multifamily Accessory Dwelling Units with Retrofit1 #DDRE38

    Multifamily Accessory Dwelling Units with Retrofit1 #DDRE38

    Retrofit1 is a California design and build construction firm specializing in soft-story retrofitting and commercial accessory dwelling units. California ordinances are currently targeting specific residential and commercial properties with structural designs that don’t do well in earthquakes. ADUs are all the rage for residential properties, but most don’t know the state allows commercial owners to add additional units on-site as well. Stack the ADU strategy with retrofitting and you've got a very interesting opportunity at play. This week, we are joined by David Tashroudian and Helen Fower with Retrofit1 to better understand the opportunity, what California law outlines in the rules about commercial and multifamily ADUs, and ways to find them in your local market.

    Get your questions answered on the upcoming show by posting your questions in our community: https://bit.ly/ddre-38

    00:00​ The Data Driven Real Estate Podcast Welcomes Helen Fower and David Tashroudian of Retrofit1
    01:09​ Commercial and multifamily accessory dwelling units?
    02:54​ What is commercial retrofitting?
    08:05​ What is an accessory dwelling unit?
    09:28​ What does the California ADU ordinance say about ADUs for commercial and multifamily properties?
    13:43​ What building type is uniquely suited for ADUs?
    18:10​ Case study of the C-shaped soft-story apartment with tuck-under parking replaced with two new ADU units
    21:00​ Is the soft story ordinance local or statewide?
    24:22​ Earthquake brace and bolt program
    27:38​ If a building is currently under rent control, will a newly build ADU also be rent-controlled or at market rates?
    29:37​ Any insights on builder codes for commercial spaces?
    33:53​ What's the minimum square footage of an efficiency unit?
    38:11​ Can manufactured housing and tiny homes work as ADUs?
    40:21​ How does Retrofit1 connect with their ideal client?
    43:51​ Tips on dealing with the tenants before they begin with the construction on ADUs
    52:05​ How to get in contact with Retrofit1

    Tax Lien Investing and Land Banking with Sean Walker, Response #DDRE37

    Tax Lien Investing and Land Banking with Sean Walker, Response #DDRE37

    Sean Walker is an experienced real estate investor that has done thousands of flips using strategies including land banking and tax liens. He’s strategically used data to grow his business over the years, even when it involved painfully combing through microfiche data with a pen and paper. Learn how Sean selects the areas to invest, strategies he's deployed, what he's doing today, and how he's used data to uncover the opportunity.

    Get your questions answered on the upcoming show by posting your questions in our community: https://bit.ly/ddre-37

    00:00​ The Data Driven Real Estate Podcast Welcomes Sean Walker of Response.com
    02:02​ Sean's unusual path into real estate investing
    07:16​ Over 3,500 tax lien and $30 million in tax lien investing and what made it possible (hint: data!)
    10:00​ Example of costly mistakes in data
    12:24​ Land banking, timing, and sourcing land
    14:11​ Seller financing land for investors and consumers
    18:24​ Data clues in identifying potential markets to invest
    20:54​ Desperate for data, Sean's plan to get more to avoid costly land mistakes and speed up drive-bys
    22:22​ From microfiche to today, how the data game has changed
    30:50​ What data are they looking at to decide on which property is a good investment
    30:50​ What data does Sean look at in a down cycle like the Great Recession
    33:19​ The mistake investors make with CAP rates
    42:18​ How does Sean explore other markets for investments and not in his backyard?
    43:44​ The 100 tiny home project with containers
    53:12​ Ways to build relationships with money investors
    57:37​ The painful past of data curation, microfiche, and messy public records collection

    Taxes for Real Real Estate Investors 2021 with David Erard, Armanino #DDRE36

    Taxes for Real Real Estate Investors 2021 with David Erard, Armanino #DDRE36

    David Erard is a partner at Armanino, a top 25 independent accounting and business consulting firm in the US. David has more than 20 years of experience in the accounting industry, with specialties in distressed debt, Real Estate Investment Trust (REIT) tax consulting and compliance, and structuring transactions for private equity firms and other real estate investors. David shares updates on potential tax changes at the federal and state levels and what strategies investors are focused on.

    Get your questions answered on the upcoming show by posting your questions in our community: https://bit.ly/ddre-36

    00:00​ The Data Driven Real Estate Podcast Welcomes David Erard, CPA, Armanino
    1:34​ How distressed debt has changed since 2009
    10:57​ What are the common concerns real estate investors have in 2021?
    15:09​ Suggestions for investors facing hardships and nonpaying tenants
    17:35​ Tax provisions to watch at the federal and state levels
    19:38​ Big year for foreclosures?
    25:16​ Are some asset classes facing more distress?
    27:30​ Will 1031 Exchanges be eliminated
    37:53​ Are opportunity zones still beneficial?
    39:30​ Differences between a 1031 exchange and Opportunity zones
    46:41​ What opportunities should real estate investors focus on in 2021?

    Real Estate Marketing with Dawn Perry, Realogy #DDRE35

    Real Estate Marketing with Dawn Perry, Realogy #DDRE35

    Dawn Perry is Senior Vice President of Cross Brand Strategic Marketing at Realogy Holdings Corp. She leads cross-brand marketing initiatives for Realogy including the integration of marketing, communication, brand advertising, and other strategic partnerships across the Realogy family of brands. This week, Dawn shares details on how one of the world's largest real estate brands is investing in marketing and technology, how consumers are driving the conversation around ibuying and bridge programs, and how agents in 2021 are staying in front of their hyperlocal clients to grow business.

    Get your questions answered on the upcoming show by posting your questions in our community: https://bit.ly/ddre-35

    00:00​ The Data Driven Real Estate Podcast Welcomes Dawn Perry, Senior Vice President of Cross Brand Strategic Marketing at Realogy
    01:52​ What is Realogy?
    03:13​ How Realogy's multiple brands connect with consumers?
    06:58​ How does an agent stay connected with a buyer after the close to nurture that relationship?
    09:45​ Realogy's investment in technology and Productivity Hub
    15:35​ What data does Realogy leverage to help brands and brokers?
    17:47​ Realogy's ibuyer program, RealSure, and other consumer-driven trends
    25:17​ Where are real estate leads coming from in 2021
    37:13​ Team trends in real estate
    39:59​ What does it take to be a successful individual agent?
    42:33​ How did COVID change the buyer's journey and needs?
    46:25​ Three rebrands and how agents and consumers are reacting
    51:40​ What should agents stop doing and start doing in 2021.

    Senior Housing, Ding-Bat Rentals, and Accessory Dwelling Units with Ward Hanigan #DDRE34

    Senior Housing, Ding-Bat Rentals, and Accessory Dwelling Units with Ward Hanigan #DDRE34

    Ward Hanigan is a full-time foreclosure specialist and real estate investor based in San Diego County with over 40 years of real estate experience. He's trained some of the most successful and experienced real estate investors and trustee sale buyers. At 80 years old, he's still chasing deals and loves what he calls Ding-Bat Rentals. He's a perfect example of backing into a unique niche that no one else wants, and finds unique ways to attract tenants with an average lease-up of 25 years!  He's also recently discovered accessory dwelling units and he's got new ideas he's exploring.

    Get your questions answered on the upcoming show by posting your questions in our community: https://bit.ly/ddre-34

    00:00​ The Data Driven Real Estate Podcast Welcomes Ward Hanigan, Founder of Foreclosureforum.com
    00:04​ From A&W Franchisee to stocks to foreclosure investing, Ward shares his unusual journey into real estate investing
    14:37​ Why Ward got into foreclosure investing
    18:25​ Ding-Bat rentals and senior housing
    23:44​ What is a wrap-around deed of trust or all-inclusive deed of trust?
    26:44​ Why one-bedroom homes for seniors work best
    30:07​ Properties selling cheap because nobody wants them
    35:16​ Using other peoples' land to build ADUs for rentals
    36:15​ Building accessory dwelling units for seniors
    42:56​ Unique ways of connecting with section 8 seniors for future housing vacancies