multi family

PART 2. Mike breaks down buying a spray foam business and his plans to grow it to a 100m valuation! 

In this episode, we introduce the idea of commercial property investment.  There is such a wide array of property types in the commercial space, and it would require many more episodes to discuss them all.  In this episode, we hone in on multi-family dwellings as a potential investment vehicle to build wealth.

Bald Brothers Team are:

Aaron Zapata, DRE 01356534
Todd Anderson, DRE 02077325
Real Broker, DRE 2022092

www.baldbrothersteam.com
www.baldbrothers.tv
833-305-BALD

Copyright. The Bald Brothers Team is a licensed DBA of Real Broker in CA. License number 2022092. Equal Housing Opportunity. 

Serving All of Southern CA

Living Life to the Fullest - Travel Tips and Mindset Hacks from Real Estate Investor Vinney Chopra Join motivational speakers Vinney Chopra and Gualter Amarelo as they discuss living life to the fullest and making small changes to achieve big results on the Abundance Mindset podcast.

🎙️ Vinney shares why he loves traveling and taking vacations but also enjoys coming back home.

🏡 Home is comforting and grounding after exciting travels abroad.

🛫 Vinney emphasizes making the most of this life and living it to the fullest.

🔑 Small tweaks in thinking and habits can lead to huge changes over time. Don't expect instant big shifts.

🧠 Your mindset guides your behavior and results. Reset your mindset at the upcoming summit. 100 MILLIONAIRES SUMMIT 2023 November 3rd - 5th, 2023 Orlando, Florida

🎫 Get your tickets to the 100 Millionaires Summit while they last! https://summit2023.alchemistnation.com/

💡 The summit will realign and reset your mindset for success.

#abundance #mindset #success #motivation #inspiration #positivity #business #entrepreneur #realestate #wealth #freedom #liveyourbestlife #financialfreedom #legacy #family #vacation #reset #realign

LET'S CONNECT ON...! 🌐 Website: https://vinneychopra.com/

Apply For Mentorship: 👥 Mentorship Application: https://vinneychopra.com/mentorship/

Checkout my free CRE Training: 📚 Free CRE Training: https://vinneychopra.com/mini-course

LEARN THE SECRETS TO SYNDICATION, REAL ESTATE FUNDS, JOINT VENTURES, AND PARTNERSHIPS- INVEST WITH VINNEY: 🏢 Investment Opportunities: https://vinneychopra.com/invest

Claim your FREE copy of The #1 Top Seller in Commercial Investing: 📖 Free Book: https://vinneychopra.com/freebook/

🎥 Vinney’s Youtube: https://www.youtube.com/c/VinneyChopra/videos/?sub_confirmation=1

📘 Vinney's Facebook: https://www.facebook.com/VinneyChopra

👔 Vinney’s Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/

📷 Vinney’s Instagram: https://www.instagram.com/vinneychopra/

🎵 Vinney's TikTok: https://www.tiktok.com/@vinney.chopra

📌 Pinterest: https://www.pinterest.com/vkchopra/

Feel free to connect with Vinney on these platforms! 📱💼👍

Welcome to the latest episode of the "Chasing Freedom Real Estate Podcast" hosted by the insightful Noah Evans. In this edition, titled "Buying Cash Flowing Multi Family In Today's Environment," Noah is joined by the esteemed guest, Nick Cooley.

Dive into the dynamic world of real estate as we explore the nuances of investing in cash flowing multi family properties in today's ever-evolving landscape. Nick Cooley, a true authority in the field, shares his wealth of knowledge and practical strategies that have helped him navigate the complexities of multi family real estate.

Discover the art of generating consistent cash flow through smart investments in multi family units. Nick's expertise shines as he breaks down the key factors to consider when evaluating opportunities, adapting to market trends, and maximizing returns.

Whether you're a seasoned real estate professional or just embarking on your investment journey, this episode offers a treasure trove of insights to enhance your understanding of cash flow in the context of multi family properties. Join us as we uncover proven tactics, learn from real-world experiences, and gain a comprehensive grasp of how to thrive in today's real estate environment. Tune in now to elevate your investment game and harness the potential of cash flowing multi family real estate.

Check out Nick Cooley here.

Ready to start living a life of financial freedom? Book a call with me and let's create a game plan for you. 

https://calendly.com/chasing-freedom-realestate/1-on-1-call

Want more from Chasing Freedom? Check out our website ChasingFreedomRE.com.

And book a call with me to learn more about how we can work together!

https://calendly.com/chasing-freedom-rei/book-a-call-with-noah-evans

Tune in to our podcast and join us on a journey of inspiration, knowledge, and meaningful conversations that will empower you to lead with purpose and unlock your full potential.

Also, make sure to review, rate and give us your feedback. If you like watching/listening on our episodes, make sure to connect on my social media channels:

• linkedin.com/in/noah-evans-sucess
• instagram.com/noahevans_realestate
• facebook.com/noah.evans.5011
• tiktok.com/@the_chasing_freedom_guy
• twitter.com/NoahEva56326727
• linktr.ee/noahevans_realestate

Veena Jetti is our special guest in this webinar. Veena is founding partner of Vive Funds, a unique commercial real estate firm that specializes in curating conservative opportunities for investors ($900M+). Veena has over a decade of real estate experience and over $1B+ in real estate assets over her career in both the startup world as well as the corporate world. 

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Connect with Veena!

https://www.linkedin.com/in/veena-jetti/
https://www.instagram.com/veenajetti/
https://www.facebook.com/theveenajetti
Her fund!
https://vivefunds.com

---

🔊 Found this video helpful? Click the Like button & share with others. Subscribe to my channel and click the 🔔 icon for notifications when I post a new video. Don't forget to leave your questions in the comment section below!

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Subject To and Creative Financing with Pace Morby

Main Website: https://tinyurl.com/casellawebsite

Discord Link: https://discord.gg/UtZMRH8BDa

Schedule a FREE Strategy call: https://tinyurl.com/casellacalls

Join Real: https://www.onereal.com/bryan-casella/refer

In this episode of the "AZREIA Show," hosts Marcus Maloney and Executive Director Mike Delprete interview Whitney Elkins-Hutton, the director of investor education at Passiveinvesting.com. Co-author of the international #1 bestseller Resilient Women in Life and Business, host of the Passive Investing Made Simple and Multifamily Investor Nation YouTube shows and podcasts, and a partner in $800MM+ in real estate — including over 6500+ residential units (MF, MHP, SFR, and assisted living), 7 express car washes, and more than 2200+ self-storage units across 11 states—and experience flipping over $5MM in residential real estate.

Whitney shares her expertise in passive investing in real estate and discusses the potential for profit in multifamily and commercial investing. She talks about her experience in flipping real estate, self-storage units, and express car washes, and emphasizes the importance of resilience in business. Listeners at all levels of real estate investing can benefit from Whitney's insights.

Key takeaways: 

00:03:05 From public health to Investing in real estate.
00:09:56 Build generational wealth through real estate.
00:13:52 Create passive income for security.
00:18:49 Invest in passive income.
20:25 Whitney’s evolution, and strategies revealed!
00:26:11 Invest in experienced operators.
00:37:45 Express Car Washes, Multifamily, Self-Storage
00:43:24 Invest passively with Whitney.

Connect with Whitney Elkins-Hutten at: PassiveInvestingWithWhitney.com https://www.linkedin.com/in/whitneyelkinshutten/?original_referer=

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The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member’s ability to successfully invest in #realestate 

Join AZREIA here: https://azreia.org/join

Is a Career in Real Estate Right For You?
Take AZREIA's Real Estate Investing Entrepreneurial Self-Assessment at
 👉 https://azreia.org/entrepreneurial-self-assessment/

Azreia Real Estate Investing Entrepreneurial Self Assessment
Who is it for?
☑️ Anyone who wants to know if Real Estate Investing is right for them BEFORE spending time or money on education and training.

☑️ Everyone new to Real Estate Investing
Our Entrepreneurial Self Assessment is designed for you to understand if Real Estate Investing is right for you and if so, if you are best suited for active or passive investing.

Our membership is a community consisting of independent real estate investors who invest in: 
🏡 SINGLE FAMILY
🏙 SMALL MULTI-FAMILY
🏡WHOLESALERS
✍️ NOTES

Educational opportunities are plentiful and delivered through AZREIA’s own education program and in collaboration with outside education providers.

🎓AZREIA’s Core Education Classes are specifically designed for new investors to develop their critical skills quickly and effectively.

🎓Our strategy classes are provided through AZREIA and others and deliver an advanced level of knowledge.

-----
Discover: 
https://azreia.org/wholesale
https://azreia.org/property-scout/
https://azreia.org/landlord/
https://azreia.org/notes/
https://azreia.org/

Join our conversation at:
Facebook:  https://www.facebook.com/azreia
Twitter: https://twitter.com/azreia?lang=en
Instagram: https://www.instagram.com/arizona_reia
Linkedin: https://bit.ly/3vKMnrR
Website: https://azreia.org

Join the Deal Finders Club, NOW!  http://www.azdfc.com
🤝 Struggling to get your real estate business off the ground? Short on time or do you just feel stuck? The Deal Finders Club is a community of like-minded individuals committed to holding each other accountable, signing more contracts, and closing more deals so they can achieve financial freedom and live life on their own schedule.

Matt Faircloth, a real estate investor and founder of DeRosa Group, has identified four key roles that are necessary to build a successful multifamily real estate empire. Today’s episode here’s here to reveal their process and strategies. Tune in to the full episode and enjoy! 

2:24 Who is Matt Faircloth?
9:46 Importance of Market. Business Plan &  Focus.
10:34 Matt's strategy on raising money up to millions!
11:26 Raise Money or Find a Deal First, Which comes first? 
12:36 What is better equity or private loan?
14:10 Personality types in order to raise money.
18:15 Transition from small fixing flips to commercial residential, strategies revealed! 
21:35 Matt's team structures look like this.
24:16 Tips for building Single Family & Multi-Family businesses.
31:00 Connect with  Matt Faircloth at: mfaircloth@derosagroup.com

----
Join InvestHer Conference on May 18&19 | Scottsdale, Arizona
Secure your spot NOW! 
👉https://tinyurl.com/2p87rt56

----

The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member’s ability to successfully invest in Real Estate.

Join AZREIA here.

Is a Career in Real Estate Right For You?
Take AZREIA's Real Estate Investing Entrepreneurial Self Assessment at
 👉 https://azreia.org/entrepreneurial-self-assessment

Azreia Real Estate Investing Entrepreneurial Self Assessment
Who is it for?
☑️ Anyone who wants to know if Real Estate Investing is right for them BEFORE spending time or money on education and training.

☑️ Everyone new to Real Estate Investing
Our Entrepreneurial Self Assessment is designed for you to understand if Real Estate Investing is right for you and if so, you are best suited for active or passive investing.

AZREIA membership is a community consisting of independent real estate investors who invest in: 
🏡 SINGLE FAMILY
🏙 SMALL MULTI-FAMILY
🏡WHOLESALERS
✍️ NOTES

Educational opportunities are plentiful and delivered through AZREIA’s own education program and in collaboration with outside education providers.

🎓AZREIA’s Core Education Classes are specifically designed for new investors to develop their critical skills quickly and effectively.

🎓Our strategy classes are provided through AZREIA and others and deliver an advanced level of knowledge.

Join the Deal Finders Club here

Deal Finders Club is a thriving real estate community "Where Deals Get Done", we train community members on these core skills...Marketing, Sales, Negotiations, Comping, Writing Offers, Locking Up Contracts, and so much more.

Discover: 
https://azreia.org/wholesale
https://azreia.org/property-scout/
https://azreia.org/landlord/
https://azreia.org/notes/
https://azreia.org/fix-and-flip/

Join our conversation at:
Facebook:  https://www.facebook.com/azreia
Twitter: https://twitter.com/azreia?lang=en
Instagram: https://www.instagram.com/arizona_reia/
Linkedin: https://bit.ly/3vKMnrR
Website: https://azreia.org/

I recently had the opportunity to listen to a talk from an economist. He discussed his forecast for this year and in the video, I share some of my key takeaways.

Key Takeaways:

• Causes of Inflation
• How to deal with inflation
• Biggest opportunities for investment in 2023

www.doingtoday.co
Partner Facebook Group: https://www.facebook.com/groups/538100147985132 facebook.com/doingtodaypodcast
instagram.com/doingtodaypodcast
tiktok.com/@doingtoday

📌 Multifamily Wealth Project Conference, Apr 26 - 28, 2023

The Multifamily Wealth Project connects you with influential leaders, deal makers, investors, brokers and peers in the multifamily industry. 👉 Book your spot HERE http://multifamilywealthproject.com/

Param Baladandapani is a Radiologist in Southern California who while working full time and raising two young kids built a multi million dollar real estate portfolio that helped her become Financially Independent at 41.

She then founded GenerationalWealthMD, a community that helps high income professionals accelerate towards financial freedom by building a real estate portfolio that works for them.

Over the last 9 years, she has invested in Long Term and Short term rentals, Apartments with over 70 million dollars in assets under management as well as development projects in different domestic markets and abroad and she brings this expertise to her Immersive small group coaching program- Creating Generational Freedom through real estate. Physicians in her program have acquired over $100 million of real estate and are building the life of their dreams. She is also  passionate about paying it forward and has helped establish a non profit educational trust in rural India.

If you are motivated to stop trading your time for money, you can connect with her at www.generationalwealthmd.com

In this episode, you will learn the following:

1. How to achieve financial freedom in just one year: explore the strategies used to accelerate retirement.
2. Unlocking the Power of real estate investing: understand how to increase returns by effective management of taxes
3. Building a diverse portfolio across the globe: Differences between Investing in the US and India and the benefits of doing so.

"When you start tapping into advanced tax strategies, your ROI can go up all the way to 200% with short term rentals. Once I realized this, I was able to fast-track my way to early retirement.”

Some key points:

(01:29) Param's bio in her own words: a desire to fast-track her financial independence led her to real estate
(03:25) Param achieved her goal of becoming financially free within ONE YEAR. How forced appreciation led to a 200% return
(05:59) We unpack Param's specific strategy of using short-term rentals
(08:32) Financing the various acquisitions: Param made use of conventional 10% down mortgages
(09:16) What type of properties were targeted?
Initially Param went for properties that were out of state, in more friendlier jurisdictions, but she circles back to more local A+ and B+ properties
(11:12) Due to family being present in India, Param has also been able to expand to overseas markets, into her community of origin
(12:25) Abroad, Param makes more use of cash, as opposed to using leverage. Since cash-flow is negative, people bank more on appreciation. Properties targeted are areas that are just outside major metropolitan regions
(16:12) Param offers educational resources and structured guides for physicians and non-physicians alike that are looking to start out. One on one coaching and mentorship is always available
(23:11) Through her program, you also get access to vetted brokers
(23:52) After success with single-family rentals, Param took on multi family properties
(26:53) Differences between working in single family vs multi family
(30:04) In the future, Param sees herself carrying on with both single-family rentals and multi family syndication; since she is financially free herself, she can focus on helping others
(30:51) Aftes many successes, Param needs and new "WHY" To this end, she is getting involved with non-profit work
(32:01) How to reach out and get on Param's list

🌎Reach out to Param Baladandapani
Generational Wealth MD https://www.generationalwealthmd.com/site/about
LinkedIN: https://www.linkedin.com/in/param-baladandapani-md-abb693232
IG: https://www.instagram.com/generationalwealthmd/?hl=en

🌎Reach out to Jonathan Twombly
LinkedIn: https://www.linkedin.com/in/jonathandtwombly

Loved this episode? Leave us a review and rating on Apple podcasts by clicking here.

Make sure to also check some of our previous episodes:

Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton

Hotel Conversions To Multi Family Housing With David Peters

🎤 Podcast production Everglade Media

In this episode let’s welcome our special guest Luke Carl Co-Founder and Educator at The Short Term Shop. An education and self-management specialist. He bought his first investment property in 2012. He has since done every trick in the book; House hack, BRRRR Method, HELOC, 1031 Exchange, Single Family, Small Multi-Family, Apartments, LTR, & STR. He has over 3000 reservations on his STR resume and is the creator of the Enemy Method. He currently holds over 100 doors in 6 markets in 4 states. He is an avid runner, has 2 children, and has a Rockstar wife. Listen to the full episode and enjoy.

Key Takeaways:

2:42 Luke shares his story on how he started in real estate by being a bar owner.
3:43 Process of first to more  investment properties
11:56 Find out why Luke transitions from short-term to long-term rentals. 
13:44 Luke’s process on self - managing rentals
18:18 What does it mean to have a  “Buy More Houses Bucket”?
21:25  Find out what you need to know about changing the market right now? 
25:39 Ways to Identify your target market 

Connect with Luke Carl at https://theshorttermshop.com/meet-the-team

---
The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member’s ability to successfully invest in #realestate 

Join AZREIA here: https://azreia.org/join

Is a Career in Real Estate Right For You?
Take AZREIA's Real Estate Investing Entrepreneurial Self-Assessment at
 👉 https://azreia.org/entrepreneurial-se...

Azreia Real Estate Investing Entrepreneurial Self Assessment
Who is it for?
☑️ Anyone who wants to know if Real Estate Investing is right for them BEFORE spending time or money on education and training.

☑️ Everyone new to Real Estate Investing
Our Entrepreneurial Self Assessment is designed for you to understand if Real Estate Investing is right for you and if so, if you are best suited for active or passive investing.

Our membership is a community consisting of independent real estate investors who invest in: 
🏡 SINGLE FAMILY
🏙 SMALL MULTI-FAMILY
🏡WHOLESALERS
✍️ NOTES

Educational opportunities are plentiful and delivered through AZREIA’s own education program and in collaboration with outside education providers.

🎓AZREIA’s Core Education Classes are specifically designed for new investors to develop their critical skills quickly and effectively.

🎓Our strategy classes are provided through AZREIA and others and deliver an advanced level of knowledge.

-----
Discover: 
https://azreia.org/wholesale
https://azreia.org/property-scout/
https://azreia.org/landlord/
https://azreia.org/notes/
https://azreia.org/

Join our conversation at:
Facebook:  https://www.facebook.com/azreia
Twitter: https://twitter.com/azreia?lang=en
Instagram: https://www.instagram.com/arizona_reia
Linkedin: https://bit.ly/3vKMnrR
Website: https://azreia.org

Join the Deal Finders Club, NOW!  http://www.azdfc.com
🤝 Struggling to get your real estate business off the ground? Short on time or do you just feel stuck? The Deal Finders Club is a community of like-minded individuals committed to holding each other accountable, signing more contracts, and closing more deals so they can achieve financial freedom and live life on their own schedule.

Use Propstream for your business: https://trial.propstreampro.com/azreia/

Why do I invest in Real Estate and Businesses?

1. Passive Income

2. Tax Savings

3. Cash Flow

4. Equity Multiple

Want to learn more about gaining freedom through passive investments? Head over to our website here: www.doingtoday.co

facebook.com/doingtodaypodcast
instagram.com/doingtodaypodcast
tiktok.com/@doingtoday
youtube.com/@doingtoday3551

📌 Multifamily Wealth Project Conference, Apr 26 - 28, 2023
The Multifamily Wealth Project connects you with influential leaders, deal makers, investors, brokers and peers in the multifamily industry.
👉Book your spot HERE www.http://multifamilywealthproject.com/ 

Matt Faircloth has been a full-time investor since 2005. In that time he has successfully completed projects involving dozens of fix and flips, office buildings, single family homes, and apartment buildings.  He has completed over a Hundred Million in real estate transactions and controls thousands of units of multi family. 

He is a regular contributor and podcast guest on Bigger Pockets.com, has an active YouTube Channel dedicated to educating investors, and the author of the Amazon Best Seller, Raising Private Capital, How to Build your Real Estate Empire with Other People's Money.

In this week’s episode, we explore the following:

1. How and why do people with engineering backgrounds excel in real estate investing
2. What is the best team structure for a successful real estate business? Keep it lean!
3. How can entrepreneurs use their personality traits to their advantage when building a real estate business?
4. Why you should avoid giving up equity in your business too easily and hire help instead, whenever possible
5. Some key ways to engage and convert your potential investors by using email outreach

"Besides coming equipped with maths skills, people with backgrounds in engineering are natural problem-solvers, which lends itself well to working in the real estate world.”

Some key points:

(01:47) Who is Matt Faircloth? From engineering, to sales, to reading Rich Dad Poor Dad and meeting his wife, who is a great RE investor in her own right
(04:45) Why are so many people with engineering backgrounds involved in real estate?
Many have backgrounds in maths, which is obvious; and many have a bug for entrepreneurship, which is surprising, but very common all the same
(07:30) Engineers are natural problems solvers, which carries over well into real estate
(09:30) Matt manages to make practical use of his knowledge of thermodynamics when working in real-estate problems
(11:04) Once your business grows, you can "fire yourself"  from a lot of the daily duties, and instead become the guy with the veto power
(12:41) Matt breaks down the composition of people in his team
Matt handles marketing and sales himself, his other two partners handle acquisitions and operations
(14:12) Initially, Matt brought in too many partners. His recommendation: don't give up equity unless you have to; hire instead of partnering
(15:59) How to decide which functions should remain at the partner level, which ones at the employee leveI. In Matt's view, you need 3 key functions: someone to find the deals, someone to do analysis, and someone to do the funding
(19:05) It's good to have a mix of introverts and extraverts on your team
(21:57) The stuff you find yourself procrastinating on is the stuff you are (probably) not good at and should outsource
(25:56) Matt's high-level system for raising money and getting investors
Matt makes use of InvestNext
(28:41) Getting eye-balls on your project is all about solid emails: collect emails and engage your audience with persistence
(31:06) Matt explains the JAB-JAB-JAB-HOOK method for getting people's emails and doing outreach
(03:27) The conversion rate for a list of potential buyers is around 5% to 10%
(35:31) The current environment for raising capital
(38:44) Matt's plans for the next 3 to 5 years: multi-family will remain the core; Matt is also consider adding some other real estate classes into to mix
(40:14) How to reach out to Matt

🌎Reach out to Matt Faircloth
Website https://derosagroup.com/team/
LinkedIN: https://www.linkedin.com/in/mdfaircloth
IG: https://www.instagram.com/themattfaircloth/?hl=en
Matt on YOUTUBE: https://www.youtube.com/@Abundantking/videos

🌎Reach out to Jonathan Twombly
LinkedIn: https://www.linkedin.com/in/jonathandtwombly

Loved this episode? Leave us a review and rating on Apple podcasts by clicking here.

Make sure to also check some of our previous episodes:

Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton

Hotel Conversions To Multi Family Housing With David Peters

🎤 Podcast production Everglade Media

On the show, Chara reveals his story of how he started in real estate investing. Listen to why he gave up his lucrative Area Manager position in which he managed 35 electronic technicians in 7 states and a $3M budget and transitioned to full-time Real Estate investing. Discover how you can acquire large multifamily units that will 10X your portfolio. Tune in and enjoy! 

Key Takeaways: 

• 1:51 How Anthony Chara gets started in real estate investing. 
• 03:55 Details on Anthony’s first real estate deal, strategy revealed!
• 09:00 How does Anthony evolve from a 9-5 job into real estate investing?
• 13:51 The moment when Anthony realized that he needs a mentor to start real estate.
• 17:20 What is a Multi-Family? Explained! 
• 18:53 How Anthony looks for a good neighborhood in real estate investing
• 24:38 Details on the first major acquisition for huge multifamily? 
• 27:34 Tips on how to leverage and raise money for your deals.
• 28:40 First 98Units Deal, strategy revealed! 
• 34:02 Importance of asking questions. 
• 35:54 “If we have a good deal, the money will find us” How is it possible to?
• 39:08 Why capitalize on inflation? 
• 40:01 Ways of creative financing. 
• 44:13 DETAILS ON ANTHONY’s MOST AWAITED AZREIA UPCOMING EVENTS
• 45:00 Key takeaways on the upcoming events.
• 50:31 Details on the 7-Steps of buying any property.

  ----

  The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member’s ability to successfully invest in Real Estate.

  Join AZREIA here.

  Is a Career in Real Estate Right For You?
  Take AZREIA's Real Estate Investing Entrepreneurial Self Assessment at
   👉 https://azreia.org/entrepreneurial-self-assessment

  
  Azreia Real Estate Investing Entrepreneurial Self Assessment
  Who is it for?
  ☑️ Anyone who wants to know if Real Estate Investing is right for them BEFORE spending time or money on education and training.

  ☑️ Everyone new to Real Estate Investing
  Our Entrepreneurial Self Assessment is designed for you to understand if Real Estate Investing is right for you and if so, you are best suited for active or passive investing.

  AZREIA membership is a community consisting of independent real estate investors who invest in: 
  🏡 SINGLE FAMILY
  🏙 SMALL MULTI-FAMILY
  🏡WHOLESALERS
  ✍️ NOTES

  Educational opportunities are plentiful and delivered through AZREIA’s own education program and in collaboration with outside education providers.

  🎓AZREIA’s Core Education Classes are specifically designed for new investors to develop their critical skills quickly and effectively.

  🎓Our strategy classes are provided through AZREIA and others and deliver an advanced level of knowledge.

  Join the Deal Finders Club here

  Deal Finders Club is a thriving real estate community "Where Deals Get Done", we train community members on these core skills...Marketing, Sales, Negotiations, Comping, Writing Offers, Locking Up Contracts, and so much more.

   

  
  Discover: 
  https://azreia.org/wholesale
  https://azreia.org/property-scout/
  https://azreia.org/landlord/
  https://azreia.org/notes/
  https://azreia.org/fix-and-flip/

  
  Join our conversation at:
  Facebook:  https://www.facebook.com/azreia
  Twitter: https://twitter.com/azreia?lang=en
  Instagram: https://www.instagram.com/arizona_reia/
  Linkedin: https://bit.ly/3vKMnrR
  Website: https://azreia.org/

   

  Also, find the show on Feedspot

"By investing in single family, you are potentially risking all your other assets not only putting your personal credit on the line, but also exposing yourself legally from a liability standpoint." -Patrick Grimes

Today I am interviewing Patrick Grimes. He is the CEO and Managing Partner of Invest on Main Street, a private equity firm focusing on passive investments in commercial real estate. His portfolio has over 3,100 units in Texas and the southeastern United States. Patrick has presented at my FIBI Multi Family meeting and is one of the Co Authors of the book "Persistence, Pivots and Game Changers" and is also a Forbes Author where he writes and shares his expertise on real estate and investing. 

Patrick Gimes: Aside from being a real estate investor, is an Engineer and holds a BS in Mechanical Engineering from the University of the Pacific. He also holds a Master of Business Administration and a Master of Science in Engineering from San Jose State University. For 15 years he has worked with machine design firms to help build one of a kind automation and robotic systems. 

TOPICS COVERED IN THE EPISODE

• How did Patrick get his start in real estate 
• Why he started in single family 
• How did Christina help Patrick in the beginning 
• How to use other skills to improve your real estate career
• How Patrick transitioned from single family to multi family 
• Why Patrick had to start over after the 2008 crash
• What is debt forgiveness 
• The importance of attending networking meetings 
• The commitment of showing up 
• Why you need an education and a network, not money 
• What it's really like investing in single family 
• What can go wrong 
• Why do you need a 2 person LLC
• How do you protect yourself 
• What is cross collateralization
• How do multi family syndications work 
• Can you invest passively 
• What will happen if a downturn comes 
• Stagflation has already began 
• Using Self Directed products for you future 

Listen now and find out how Patrick found his Real Estate Breakthrough!

The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every week and learn everything you need to know to invest in real estate education and create real wealth for a lifetime.

Find out more about Patrick here: 

Website InvestOnMainStreet.com

Email Patrick@investonmainstreet.com

One of the most important things to get right as a real estate investor is your mindset and shifting your belief system to help  avoid letting fear take over. When you can put all of this together, it helps to get the ball rolling. It helps makes it easier to start taking action. Steve Pesavento helps us master mindset, and shows us how to accel in multi-family real estate.

doorstodeals.com

Single Mom Buying Up Multi-Family

Listen in as Kaci shares one of her past projects where she purchased a 38 unit out of state.  There were several hiccups along the way including Federal Pacific electrical panels and lenders backing out AFTER the project was purchased!  This one was a doozy but she made it through because she always has a backup plan!

In today's world, it's more important than ever to think about retirement investing. With traditional pensions becoming increasingly rare, and social security benefits failing to keep pace with the cost of living, retirees are facing greater financial challenges than ever before.

One way to address these challenges is to invest in multifamily real estate. By owning rental properties, retirees can generate a reliable source of income that can help to cover their living expenses. Additionally, by carefully selecting properties in areas with strong population growth, retirees can also create multi-generation wealth by leveraging the appreciation of their assets. When done correctly, retirement investing in multifamily real estate can be a powerful tool for creating long-term financial security.
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Bio:

Yuen Yung, CEO of Casoro Group, Founder and CEO of the franchisor How Do You Roll?
Find Yuen on LinkedIn: https://www.linkedin.com/in/yuenyung/
Casoro Group Website: https://casorogroup.com/

Before the pandemic, the idea of aging in place was becoming more popular. Some baby boomers are now wary of nursing homes, where at least one-third of U.S. Covid-19 deaths have occurred, so they are interested in aging in place. The trend is making home shortages and prices even worse for younger buyers who want to get a piece of the real estate wealth.

The Silent Generation (born before 1946) had long owned the majority of real estate wealth, but they sold later in life and moved in with extended family, or to an assisted-living community. Baby Boomers living in their homes are bucking the trend. A study from the Federal Reserve data shows that boomers surpassed the Silent Generation in real estate wealth in 2001 and have yet to relinquish it.

Despite their fears, baby boomers built wealth by investing in the stock market and purchasing real estate. They benefited from the 1980s bull market, which saw share prices soar and trading volume soar as more buyers entered the market.

Joining me in conversation is Joe Anfuso, CFO MG Properties, who will share insights into the efforts of owning and operating over $7 billion valued multifamily real estate.
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Bio:

Joe Anfuso is a proven and nationally recognized Financial, Operational, and Customer-Centric leader experienced in single and multifamily residential development in California and Nevada. As the CFO of MG Properties Group, Joe is responsible for directing the financial and fiscal management of the company’s operations, including budgeting, treasury, tax, accounting, information technology, risk management, and insurance.

Visit Joe on LinkedIn: https://www.linkedin.com/in/joseph-c-anfuso-1a734716/

The beauty of multifamily investment lies in the opportunity to increase a property’s value in a short amount of time. While single family homes are appraised on the condition of the property itself, multifamily real estate is assessed based on rent rolls. Find a value-add opportunity, and you can force appreciation by rehabbing the units, increasing occupancy and raising rents. And the best part is, you don’t have to use a penny of your own money to get started! You can take your real estate business 10X as a multifamily syndicator.

Connect with Founders Club Host Oliver Graf on Instagram: @OliverGraf360

Today, Oliver is joined by Kevin Easterly of Easterly Investing. Kevin got his start in real estate with single family fix and flips before purchasing several fourplexes in Las Vegas. Inspired by Grant Cordone, Kevin started taking his real estate business 10X, adding 42- and 57-unit properties to his portfolio. Now he is up to 140 units, building his team as well as his brand.

On this episode of In the Know, Kevin walks us through the advantages of multifamily as a real estate investment. He explains how to scale your business 10X by building a reliable team and employing the ‘plug and play’ method for each new property. Kevin discusses what he is looking for in a multifamily deal, how to leverage relationships to find off-market deals, and how to structure a value-add deal. Listen in for Kevin’s insight on partnering with high net worth individuals, using your knowledge and their money to invest in multifamily real estate!

Key Takeaways

[0:54] The advantages of multifamily

• Everyone needs place to live
• Spread out risk
• Force appreciation
• Opportunity to refinance

[5:35] How Kevin got into multifamily

• Fourplexes in Vegas
• Inspired by Grant Cardone
• Up to 140 units today

[7:26] How to scale your real estate business

• Same processes as fourplex
• ‘Team sport’
• Plug and play

[9:14] Kevin’s progress since 2009

• Laid off from job on video project
• Start production company with $2,500
• Fix and flips, then fourplexes

[10:25] What Kevin looks for in a deal

• C building in B area (value-add opportunity)
• Upgrade units and raise rents

[11:40] Kevin’s advice around finding deals

• Relationship with broker (off-market)
• Respond even if don’t like deal
• Talk to vendors, contractors
• Don’t burn bridges

[14:28] How Kevin structures a deal

• Value-add, turnkey or full rehab
• 30% down + rehab budget

[16:30] The value of securing multiple itemized bids

• Keeps contractors honest
• Option to use more than one contractor

[18:00] The concept of syndication

• Partner with high net worth individuals
• Use your knowledge + their money

[20:47] What Kevin wishes he’d known from the start

• Go bigger, faster

Connect with Kevin

Kevin on LinkedIn

Kevin on Connected Investors

Connect with Oliver

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