Chris Giorgi, an experienced overseas investor, joins Slocomb Reed to discuss his journey into the world of real estate investing. From the challenges of managing long-distance real estate deals to the intricacies of syndication, Chris shares a wealth of insights for commercial real estate investors looking to expand their portfolios and understanding.

Key Takeaways:

• Clarity and Trust: When investing long-distance, it's crucial to establish clear communication and build trust with your local representatives. Chris emphasizes the importance of having a property manager who's also a realtor.
• Syndication Due Diligence: Don't just jump into syndications. Understand the debt structures, management plans, and exit strategies. Also, actively seek out and learn from experienced voices in the syndication space.
• Stay Flexible in Your Strategy: While there are several established strategies in real estate investing, Chris advises not to become dogmatic. It's essential to remain adaptable, question everything, and mold your approach based on changing circumstances and market conditions.
  
  

Chris Giorgi | Real Estate Background

• Overseas investor and contractor for the U.S. Army
• Portfolio:    
  • 31 units of single family, duplexes, fourplexes, and apartments
  • 20+ syndications as an LP
• Based in: Hohenfels, Germany
• Say hi to him at: 
  • LinkedIn
• Best Ever Book: The Hands-Off Investor by Brian Burke
• Greatest Lesson: Don't be so dogmatic about never selling. Always evaluate your properties, especially as it refers to turn on equity, and make decisions that are best for your portfolio.

Click here to learn more about our sponsors:

BAM Capital

From the challenges of project budgeting and dealing with the unexpected twists of 2021, to the importance of conservative underwriting and the role of refinance, Sean Tagge offers a goldmine of insights into multifamily investing. Slocomb Reed facilitates a compelling discussion that also explores the mental and leadership aspects crucial for any investor's success.

Key Takeaways:

• Budgeting Realities: Recognize that going over budget can sometimes be part of the game. Use data and experience to predict and manage these situations, especially when external factors like rising material and labor costs come into play.
• Conservative Underwriting & Refinancing: Approach underwriting  conservatively. Sean shares how refinancing can significantly affect your IRR and why it's vital to ensure your deals work out even without relying on refinance.
• Leadership in Real Estate: Embrace your role as a leader in commercial real estate. Understanding and respecting the influence you have on others, from your team to your clients, can make or break your success in the industry.

Seth Tagge | Real Estate Background

• Founder of Acorn Equity and Acquisitions
• Portfolio:
  • 650 multifamily units
• Based in: Salt Lake City, UT
• Say hi to him at: 
  • Acornea.com
  • LinkedIn
  • YouTube
• Best Ever Book: The Big Leap by Gay Hendricks
• Greatest Lesson: Treat others as you would want to be treated when acting as their boss. You have so much influence over others as a leader. Don’t waste it.

Click here to learn more about our sponsors:

BAM Capital

Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor.

Although you technically don’t need to know how to underwrite a deal in order to be an LP, it can give you a huge advantage in choosing the best deals for your goals. In this episode, Travis explains the basics of underwriting that LPs should know before investing in a deal.

Click here to learn more about our sponsors:

BAM Capital

From starting in college with a 12-unit apartment complex to managing multimillion-dollar portfolios in Austin and Michigan, David Toupin shares his vast experiences, challenges, and the software solution he developed for the industry.

Key Takeaways:

• The Power of Opportunistic Investment: David emphasizes the importance of being asset agnostic and open to opportunities in various sectors of real estate, from multifamily to industrial, and everything in between.
• Challenges with National Tenants: Delve into a real-world challenge David faced with a national tenant in one of his commercial properties. The discussion provides insights into lease negotiations, corporate guarantees, and strategies for damage control.
• Introducing Real Estate Lab: David shares the inception and capabilities of his software platform, Real Estate Lab. Designed as an all-encompassing tool, it aids investors in managing their entire real estate portfolio, from acquisition to exit.
  
  

David Toupin | Real Estate Background

• Owner of Real Estate Lab and Toupin Holdings
• Portfolio:
  • $140M of multifamily and commercial assets
• Based in: Austin, TX
• Say hi to him at: 
  • Instagram
  • realestatelab.com
• Best Ever Book: Never Split the Different by Christopher Voss
• Greatest Lesson: Staying open to opportunities regardless of asset class. You can make money in anything if you buy right.

Click here to learn more about our sponsors:

BAM Capital

As a seasoned expert in acquiring distressed properties, Bruce shares valuable insights on vertical integration, market dynamics, and the importance of a macro thesis in investment. Whether you're new to commercial real estate or a seasoned professional, Bruce's expertise provides clarity on navigating the current landscape and capitalizing on emerging opportunities.

Key Takeaways:

• The Power of Vertical Integration: Bruce elaborates on the pros and cons of vertically integrating your portfolio, focusing on the value of in-house property management. He also shares challenges faced with third-party property management and the importance of a dedicated operational team.
• Understanding Current Market Distress: The implications of rapid interest rate changes on property refinancing and how many operators find themselves in precarious positions. Bruce shares real-time examples of distress emerging from factors like floating rate debts, maturing loans, and expiring rate caps.
• Investment Philosophy & Approaches: The value of disciplined, numbers-driven decision-making in real estate investment. Bruce emphasizes the importance of taking that first step in real estate, the "law of the first deal," and having a clear, long-term macro thesis to guide investment decisions.

Bruce Fraser | Real Estate Background

• Managing Partner Elkhorn Capital Partners, real estate private equity firm that focuses on distressed property situations
• Portfolio: 
  • 2,000 multifamily units
• Based in: Dallas, TX
• Say hi to him at: 
  • LinkedIn
  • elkhornpartners.com 
• Best Ever Book: Creature From Jekyll Island by G. Edward Griffin
• Greatest Lesson: Just buy something. Anything. Most people don’t even make that move. Even if it’s your worst deal, you will learn so much from it, and you’ll be on your way to the future.

Click here to learn more about our sponsors:

BAM Capital

From flex space buildings to multifamily apartments, Seth Teagle shares his experiences, challenges, and insights into real estate development, shedding light on key elements that can make or break a deal.

Key Takeaways:

• Understand the Market Dynamics: It's essential to comprehend the current saturation levels in the real estate market, especially in multifamily apartments. Knowing where to invest and when can be the difference between a successful or a failed venture.
• Due Diligence is Crucial: Before making any property purchase, especially in land development, ensure all due diligence processes, like understanding zoning requirements and the area's economic development plans.
• Optimize for Value-Add: Whether it's ensuring properties have modern amenities or analyzing the cost-benefit ratio of construction elements, always look for opportunities to add value to the investment.
  
  

Seth Teagle | Real Estate Background

• CEO of The Stream Group
• Portfolio:
  • Multifamily and ground up projects
• Based in: Columbus, OH
• Say hi to him at: 
  • www.thestreamgroups.com
  • Instagram
  • LinkedIn
• Best Ever Book: The Creature from Jekyll Island by G. Edward Griffin
• Greatest Lesson: Not everyone in your immediate circle is happy for your successes. Surround yourself with people you’re able to share both good news and bad news with.

Click here to learn more about our sponsors:

BAM Capital

Bonus Operations is a series hosted by apartment owner/operator and Best Ever Show host, Slocomb Reed. In each five- to ten-minute episode, Slocomb provides his top takes for executing your business plan and maintaining cash flow.

In this episode, Slocomb shares the three questions he asks new investors when they ask him for advice about whether or not to seek out long term buy and hold investments. These questions will help determine if long term investing is the right strategy for you.

Click here to learn more about our sponsors:

BAM Capital

In this enlightening conversation with Chad Carson, we unpack the intricate journey of commercial real estate investment. From the balance between aspiration and satisfaction to understanding the deeper reasons behind urban development, Chad offers a unique perspective that integrates real estate knowledge with personal growth and community-building aspirations.

Key Takeaways:

• The Moving Goalpost Phenomenon:
  • Investors often shift their financial targets, leading to a never-ending race.
  • Recognizing your "enough" is pivotal for satisfaction and growth in the industry.
• Importance of Community Understanding:
  • Chad recommends the book "Strong Towns" that emphasizes the financial dynamics and designs of towns, which is crucial for commercial investors.
  • Engaging in local community activities and understanding urban development can influence investment decisions and enhance community welfare.
• The Power in Diversification:
  • Chad shares his strategy for investing in both single family rentals and small multifamily properties to create the ideal portfolio.
  • He also discusses the power in "doing your own thing" with the lessons you learn from others to create the lifestyle you want to live.
    
    

Chad Carson | Real Estate Background

• Owner of Coach Carson
• Portfolio:
  • 37 units, 99 units total - mix of small multifamily and single family homes
• Based in: Clemson, SC
• Say hi to him at: 
  • coachcarson.com
  • The Small and Mighty Real Estate Investor (Chad’s book) 
• Best Ever Book: Strong Towns by Charles Marohn
• Greatest Lesson: Understand your why before you scale quickly. Know where your threshold of success is and stick to it, so you don't end up chasing the ever moving goalposts.

Click here to learn more about our sponsors:

Delete Me

BAM Capital

The Beyond Multifamily series is hosted by non-residential commercial real estate investor and Best Ever Show host, Ash Patel. Ash’s goal for this series is to introduce you to the world of non-residential commercial real estate investing and teach you how to look at and underwrite different commercial asset classes.

In this episode of Beyond Multifamily, Ash Patel dissects the Fed’s recent announcement that they anticipate another rate hike in 2023 and potentially multiple additional hikes in 2024. He shares his thoughts on how this will impact lending, real estate deals, and consumer habits, and why this is not an excuse for investors to stay on the sidelines.

Click here to learn more about our sponsors:

Delete Me

BAM Capital

Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor.

Did you know that the purchasing power of the U.S. dollar has fallen 90% since 1950? Or that it fell 7.4% between 2021 and 2022 alone? This is often painted as a bad thing for the economy, but in this episode of Passive Investor Tips, Travis Watts explains why it’s not necessarily a bad thing for real estate investors.

Click here to learn more about our sponsors:

Delete Me

BAM Capital

Bonus Operations is a series hosted by apartment owner/operator and Best Ever Show host, Slocomb Reed. In each five- to ten-minute episode, Slocomb provides his top takes for executing your business plan and maintaining cash flow.

In this Bonus Operations episode, Slocomb Reed shares the right questions to ask as well as the right variables and qualification criteria for rental tenants. He discusses topics like when to allow a co-signer, pet policies, how to check eviction histories, and more.

Click here to learn more about our sponsors:

Delete Me

BAM Capital

In this episode, we sit down with Josh Cantwell, a seasoned commercial real estate investor, and discuss his journey in the industry, his strategies for success, and the secrets to raising capital effectively. Whether you're a novice or an experienced commercial real estate investor, you're sure to find valuable insights in this conversation.

Key Takeaways:

• The Power of Raising Capital: Josh emphasizes the importance of having a dedicated team member focused on raising capital. Building relationships and a strong online presence through various media channels, like podcasts and social media, can help attract investors. His advice: "Funding equals freedom."
• Lessons from Co-Syndication: Josh shares a valuable lesson learned from co-syndicating deals. He stresses the importance of thoroughly vetting boots-on-the-ground operators when partnering on syndications. Failing to do so can lead to operational challenges and missed opportunities for profit.
• Investing in Stable Markets: Josh's strategy revolves around investing in stable markets like the Midwest, focusing on C-class buildings in B-class areas. He believes in holding properties long-term for cash flow stability, often targeting a 42 to 48-month refinance period. His experience and insight into market stability are evident in his approach to real estate investing.
  
  
  

Josh Cantwell | Real Estate Background

• CEO of Freeland Ventures
• Portfolio: 
  • 3,000+ units
• Based in: Cleveland OH
• Say hi to him at: 
  • www.freelandventures.com
  • Facebook
  • YouTube
• Best Ever Book: The Infinite Game by Simon Sinek
• Greatest Lesson: Funding equals freedom. Someone on your team needs to be 100% dedicated to raising capital.

Click here to learn more about our sponsors:

Delete Me

BAM Capital

Ever wondered how to thrive in the unpredictable world of commercial real estate? Get ready to uncover the secrets of success as we dive into the dynamic realm of commercial real estate investing with Drew Breneman, the mastermind behind Brenneman Capital. Drew specializes in transforming multifamily properties. Today he is leaning into core-plus investments, and he's here to share game-changing insights for today's savvy investors.

Key Takeaways:

• Adapting to Market Volatility: Drew discusses how his company adapted to market volatility in the past few quarters, particularly in response to the Federal Reserve's actions on interest rates. He emphasizes the importance of fixed-rate debt and minimizing variables in investment strategies.
• Market-Specific Insights: Drew provides a fascinating contrast between the performance of his Chicago and Phoenix properties. While Chicago has exceeded revenue and expense projections, Phoenix has seen slower-than-expected rent growth, highlighting the significance of understanding local market dynamics.
• Investor Sentiment and Strategy: Drew sheds light on shifting investor sentiment in commercial real estate. He discusses the balance between seeking high IRR and opting for secure, income-generating properties with lower loan-to-values. Drew emphasizes the importance of a mindset that believes in your ability to succeed in real estate investing.
  
  

Drew Breneman | Real Estate Background

• Founder of Breneman Capital
• Portfolio:
  • $220MM value
  • 28 buildings: 22 multifamily in Chicago and Phoenix, 6 commercial in Minneapolis

• Based in: Austin, TX
• Say hi to him at:
  • www.breneman.com
• Best Ever Book: Investing In Real Estate By Gary Eldred
• Greatest Lesson: Mindset can be a huge advantage. If you believe you can do it, you can. 

Click here to learn more about our sponsors:

Delete Me

BAM Capital

Bronson Hill talks about his transition from medical device sales into multifamily real estate and other diverse investments like ATMs, car washes, and oil and gas. Hill emphasizes the importance of cash flow, risk mitigation, and seeking value-add opportunities, providing insights into various investment strategies that can generate passive wealth. The conversation explores different investment avenues, discussing their potential rewards and risks.

Bronson Hill | Real Estate Background

• Founder and CEO of Bronson Equity
• Portfolio:
  • 2,000 multifamily units
  • ATM machines
  • Car washes
  • Oil and gas
• Based in: Pasadena, CA
• Say hi to him at: 
  • https://bronsonequity.com/

• Best Ever Book: Never Split the Difference by Chris Voss
• Greatest Lesson: Life has an action bias. Get started today.

Click here to learn more about our sponsors:

Delete Me

BAM Capital

In this episode, we dive into the lucrative world of mobile home park investments with Jason Postill, a former professional baseball player turned real estate investor. Jason shares his journey from the sports arena to assembling a successful real estate team, all while providing valuable insights into the mobile home park investment landscape. Discover how he and his team turned vacant lots into cash-flowing assets, his strategies for financing mobile home parks, and why preserving affordable housing is a top priority.

Key Takeaways:

• Overcoming the Track Record Challenge: Jason emphasizes that, even without a track record, it's possible to enter the competitive commercial real estate market. He highlights that their first deal was owner-financed, and they didn't need a significant track record to secure it. Building relationships with local community banks and having a solid business plan can open doors for investors, regardless of their experience.
• Mobile Home Park Financing Strategies: Jason discusses various financing options for mobile home parks, including owner financing and working with local community banks. He shares that they often opt for owner financing, providing down payments ranging from 10% to 50%. Jason emphasizes the importance of finding financing terms that align with your investment goals and strategy.
• Long-Term Hold Strategy and Investor Returns: While Jason's team has ambitious goals, including holding 10,000 units by 2028, they maintain a buy-and-hold strategy. They aim to refinance properties within three to five years to return capital to investors. Their typical offering includes an 8% preferred return and a 70% equity split with a seven-year hold period. This strategy allows them to maintain properties, preserving affordable housing for the long term while providing returns to investors.
  
  

Jason Postill | Real Estate Background

• Managing Partner of MHCI Group
• Portfolio: 
  • 16 mobile home parks, 749 units
• Based in: New Smyrna Beach, Florida and Little Rock, Arkansas
• Say hi to him at: 
  • www.mhcigroup.com
• Best Ever Book: The ONE Thing by Gary W. Keller
• Greatest Lesson: Don't get stuck in analysis paralysis. Do your due diligence, and take action.

Click here to learn more about our sponsors:

Delete Me

BAM Capital

Bonus Operations is a series hosted by apartment owner/operator and Best Ever Show host, Slocomb Reed. In each five- to ten-minute episode, Slocomb provides his top takes for executing your business plan and maintaining cash flow.

To VA or not to VA, that is the question. In this Bonus Operations episode, Slocomb Reed shares the pros and cons of working with virtual assistants, how he utilizes them in his apartment operations, how he onboards and trains them, and how he saves money by doing so.

Click here to learn more about our sponsors:

Delete Me

BAM Capital

Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor.

What are you doing with your time, and what is your time worth? It’s easy enough to answer the first question, but more challenging to answer the second. In this episode, Travis walks through the three step process to calculate your time value and shares how passive income can help you maximize your time to elevate your lifestyle.

Click here to learn more about our sponsors:

Delete Me

BAM Capital

Bonus Operations is a series hosted by apartment owner/operator and Best Ever Show host, Slocomb Reed. In each five- to ten-minute episode, Slocomb provides his top takes for executing your business plan and maintaining cash flow.

Dumpsters are more than garbage collectors. They can tell you a lot about a property and its tenants, which gives you a leg up as a potential operator. In this episode, Slocomb Reed shares the three reasons why he loves dumpsters and what they can tell you about a multifamily investment property.

Click here to learn more about our sponsors:

Delete Me

BAM Capital

Meet Jorge Abreu, a real estate visionary with over 17 years of experience. Buckle up as we explore the thrilling world of commercial real estate development, uncovering its unique challenges, and discovering the immense rewards it holds. From city hall showdowns to construction conundrums, Jorge spills the beans on what it takes to succeed in this high-risk, high-reward arena. So, are you ready to dig deep into the secrets of ground-up development?

Key Takeaways:

• Risk and Reward in Development: Jorge emphasizes the increased risk associated with commercial real estate development, from the entitlement stage to construction. However, with the right approach and a low basis, the potential rewards can be substantial. A lower basis ensures more room for profit, making the risk worthwhile.
• City Approvals and Entitlements: Developing commercial real estate involves navigating complex city approval processes. Jorge discusses the importance of securing approvals from city officials, zoning, and city councils. These stages can be time-consuming and challenging, requiring patience and expertise.
• Comparing Development vs. Value-Add: Jorge sheds light on the differences in returns between development and value-add projects. While both target a 15-16% IRR, ground-up development projects generally offer higher returns on equity multiples. Understanding these variations is crucial for investors when choosing their investment strategy.

Jorge Abreu | Real Estate Background

• Elevate Commercial Investment Group
• Portfolio: 
  • Multifamily properties in TX, OK, SC, SD, FL
• Based in: Dallas, TX
• Say hi to him at: 
  • Instagram
  • Facebook
  • LinkedIn
  • www.elevatecig.com 
• Best Ever Book: Traction by Gino Wickman
• Greatest Lesson: Spreading myself too thin early on taught me to focus on growing one thing at a time before moving on.

Click here to learn more about our sponsors:

Delete Me

BAM Capital

Join us as we uncover the secrets to Clive Davis's rapid scaling in the world of commercial real estate investing. From networking epiphanies to adaptable strategies, Clive shares the key factors that propelled his journey from the corporate world to real estate riches, and how he's navigating today's dynamic market to attract investors.

Key Takeaways:

• Networking is Paramount: Clive emphasizes the transformational power of networking in real estate. He shifted his perception from underestimating networking during his corporate career to recognizing its pivotal role in building a successful real estate investing business.
• Adaptation is Key to Success: Clive's ability to adapt to different deal structures and opportunities has been instrumental in his rapid scaling. He discusses how being open to non-traditional deals, like HUD loan assumptions, and offering compelling terms to investors can make all the difference in today's competitive market.
• Teamwork Facilitates Scaling: Clive's journey is a testament to the value of strong partnerships and teams. He highlights how collaboration with partners who have expertise in specific markets or deal types allowed him to venture into new territories and successfully scale his real estate investments.

Clive Davis | Real Estate Background

• Founding Principal, Park Royal Capital
• Portfolio:
  • 750 MF GP units
  • 2,000 LP MF units
  • 90 acre development and 142 MF unit development
• Based in: Atlanta, GA
• Say hi to him at: 
  • parkroyalcapital.com
• Best Ever Book: Will by Will Smith
• Greatest Lesson: The only thing holding us back is fear of the unknown.

Click here to learn more about our sponsors:

Delete Me

BAM Capital

In this episode, seasoned real estate investor Jonathan Twombly takes us on a journey through the world of independent hotel investments. With over a decade of experience, he shares his insights on finding, renovating, and managing these unique real estate assets.

Key Takeaways:

• Unique Opportunities in Independent Hotels: Independent hotels in smaller markets can often be found listed on platforms like LoopNet and Crexi, providing unique investment opportunities. Brokers specializing in these assets may list them on such platforms to broaden their reach. This accessibility can make finding these opportunities easier compared to larger, branded hotels.
• The Power of Hands-On Experience: To truly understand the hotel business, Jonathan emphasizes the importance of taking action and gaining hands-on experience. Learning by doing, making offers, walking properties, and engaging in real deals can provide invaluable knowledge and insight.
• Creative Strategies for Hotel Investments: Jonathan's experience showcases the potential for transforming older, undervalued properties into thriving businesses by applying creative strategies. He highlights the value of market research, renovations, and understanding the local economy to maximize revenue and returns.

Jonathan Twombly | Real Estate Background

• Managing Member - Two Bridges Asset Management LLC
• Portfolio:
  • One hotel
  • Co-GP in 2,400 apartment units
• Based in: Brooklyn, New York
• Say hi to him at: 
  • apartmentinvestorsclub.com
  • twobridgesmgmt.com
  • LinkedIn
• Best Ever Book: Who Not How by Dan Sullivan
• Greatest Lesson: Step away from your computer, and get out into the real world. You will learn multiples by taking action than you ever did from research.

Click here to learn more about our sponsors:

Masterworks

Delete Me

BAM Capital

SyndicationAttorneys.com

Ever dreamed of achieving financial freedom through real estate investing? Join us as we uncover the secrets of Mel and Dave Dupuis's extraordinary journey. With over 240 units across five countries, they've mastered the art of creative financing and portfolio diversification, all without their own capital or joint venture partners.

Key Takeaways:

• The Power of Creative Financing: Mel and Dave's journey began with traditional real estate investing, using their own funds. However, they soon realized that working multiple jobs wasn't the path to financial freedom. Creative financing became their game-changer. They discussed using secured funds like 401(k) and RRSPs, promissory notes, and owner financing to acquire properties with minimal risk and maximum returns.
• Expanding Across Borders: The duo shared their motivation for venturing into different countries, such as Canada, the US, Costa Rica, Mexico, and the Dominican Republic. Their aim was to diversify their portfolio, manage risk, and enjoy the perks of traveling. By implementing their creative financing strategies in international markets, they've successfully continued to grow and thrive.
• Adapting to Changing Markets: As seasoned investors, Mel and Dave discussed how they stay ahead of market changes. They emphasized the importance of researching secondary and tertiary markets, like those in Alberta, Texas, and Florida, which offer higher cap rates and cash flow potential. They also highlighted the growing interest from investors with registered funds, looking for stable, real estate-backed returns in today's uncertain economic climate.

Mel and Dave Dupuis | Real Estate Background

• Real estate investors and mentors with “The Action Family”
• Portfolio:
  • 240+ multifamily units solely owned in 5 countries
• Based in: North Bay, Ontario
• Say hi to them at: 
  • Instagram
  • Facebook

• Best Ever Book: The Ultimate Blueprint for an Insanely Successful Business by Keith Cunningham
• Greatest Lesson: You don't need to use your own money to grow your portfolio.

Click here to learn more about our sponsors:

Masterworks

Delete Me

BAM Capital

SyndicationAttorneys.com

This episode is the audio from our August 2023 meetup in which host Slocomb Reed guides a panel of short-term rental investment experts. The panel, which includes Danny Henry of Liberty Hill Rentals, Sarah Karakaian of Stay a While Hosting Co., and Yiwei Chang of Pink Cash Cow Property Management, talks about the latest in the short term rental market - what amenities are hot right now, how to deliver great experiences to guests, and how to scale your portfolio.

Click here to learn more about our sponsors:

Masterworks

Delete Me

BAM Capital

SyndicationAttorneys.com

Ever wondered how a corporate setback transformed into a self-storage success story? From unexpected career shifts to pioneering self-storage strategies, get ready to unravel the journey of Tom Dunkel, the Chief Investment Officer at Bellrose Storage Group, a seasoned investor who turned challenges into opportunities, all while carving a niche within a niche. Discover the untapped potential of contractor storage and flex space markets, and glean insights into building a powerhouse team that drives commercial real estate success.

Key Takeaways:

• Niche within a Niche: Contractor Storage and Flex Space: Tom discusses the benefits of offering climate-controlled flex industrial units with amenities like electricity and security features to attract contractors and businesses.
• Investor Insights: Building a Solid Team and Finding Deals: Tom emphasizes the importance of assembling a strong team and building a network of experts and partners. Tom also offers advice on seeking out mastermind groups, investor meetups, and networking opportunities to connect with potential team members and partners.
• Lessons from Self-Storage Success and Pivoting Strategies: Tom shares the pivotal lessons learned from transitioning from the corporate world to entrepreneurship, including facing challenges head-on. He also shares strategies for success in self-storage, such as seeking niche opportunities, embracing value-add strategies, and aligning investments with high net worth investors.

Tom Dunkel | Real Estate Background

• Chief Investment Officer, Belrose Storage Group
• Portfolio:
  • 11 self storage facilities across 7 states
• Based in: Wayne, PA
• Say hi to him at: 
  • Facebook
  • LinkedIn
• Best Ever Book: Who Not How by Dan Sullivan
• Greatest Lesson: Be intentional about who you choose to be on your team and who you choose to partner with.

Click here to learn more about our sponsors:

Masterworks

Delete Me

BAM Capital

SyndicationAttorneys.com

Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor.

In this episode, Travis reviews the basics of multifamily syndication - how it works, who the key players are, and the terms you need to know as an LP. He then walks through a full cycle business plan to see how much you could make by investing $100,000. 

Click here to learn more about our sponsors:

Masterworks

Delete Me

BAM Capital

SyndicationAttorneys.com

Ever wondered how to secure multi-million dollar acquisitions in the competitive world of commercial real estate? Join us as we unlock the strategies and insights behind Bryant Dawson's remarkable journey. He's the mastermind behind a multi-property deal worth over $50 million, and in this interview, he's sharing his playbook on successful capital raising, property evaluation, and forming strategic partnerships. 

Key Takeaways:

• Effective Capital Raising: Bryant discusses his multi-property acquisition worth over $50 million and delves into the nuances of effective capital raising in today's market. 
• Property Evaluation and Due Diligence: From on-site inspections, drone flyovers, and underwriting, discover the essential steps his team takes to ensure the success of their investments.
• Strategic Partnerships and Institutional Quality: Bryant highlights the concept of institutional quality assets, offering a comprehensive overview of what distinguishes such properties and how they attract institutional investors.

Bryant Dawson | Real Estate Background

• CEO of Ingram Capital, a real estate investment company that provides affordable housing for tenants while maximizing returns for investors.
• Portfolio:
  • Single-family and multifamily properties 
• Based in: Sedalia, MO
• Say hi to him at: 
  • ingramcapital.fund
  • LinkedIn
• Best Ever Book: Rich Dad Poor Dad by Robert Kiyosaki
• Greatest Lesson: Get started as soon as possible, and find a mentor.

Click here to learn more about our sponsors:

Masterworks

Delete Me

BAM Capital

SyndicationAttorneys.com

Are your real estate investments in jeopardy due to a hidden tax? Join us as we dive into the world of real estate taxation with Keith Fromm, a seasoned attorney, litigator, and real estate developer with over 40 years of experience. Based in Los Angeles, Keith exposes the shocking reality of the ULA tax, a controversial property tax that's causing waves in the industry. From misleading labels to its wide-ranging impact, discover how Keith is taking the fight against this unfair tax to the courts and why it matters to your investments.

Key Takeaways:

• Understanding the ULA Tax: Keith breaks down the ULA tax, a seemingly deceptive policy sold to the public as a "mansion tax," but in reality, it applies to all types of real estate transactions over certain thresholds. Discover the implications of this tax, from its high rates to its retroactive nature, and how it's affecting the real estate market in Los Angeles.
• Constitutional Challenges and Legal Approach: Keith sheds light on the various constitutional violations posed by the tax, from equal protection to freedom of speech, and explains how these challenges are being pursued through litigation. Learn how his efforts are not only focused on overturning the tax but also on creating a precedent that protects property rights.
• Real Estate Development Insights: Beyond the legal battle, Keith shares his journey as a real estate developer and the lessons he's learned from his experiences, from adapting to changing demographics to leveraging marketing strategies tailored to specific audiences.

Keith Fromm | Real Estate Background

• Real Estate Attorney and Litigator
• Based in: Los Angeles, CA
• Say hi to him at: 
  • fightula.com
• Best Ever Book: Great Expectations by Charles Dickens
• Greatest Lesson: Don't give up, and keep fighting. It will not only benefit you in the end, but thousands of others as well.

Click here to learn more about our sponsors:

Masterworks

Delete Me

BAM Capital

SyndicationAttorneys.com

Ready to unravel the secrets of successful multifamily real estate investing? Dive into a captivating discussion with Reid Bennett, a multifamily industry veteran with over 22 years of experience. Explore multifamily strategies, lender insights, and market dynamics that can reshape your investment approach and maximize your gains.

Key Takeaways:

• The Power of Networking in Commercial Real Estate: Learn how to effectively build relationships with brokers and other key players in the industry, and discover the importance of demonstrating your legitimacy as a buyer.
• Insights into Distressed Assets and REO Properties: Delve into the world of distressed multifamily assets and Real Estate Owned (REO) properties. Bennett provides valuable advice on how to approach lenders, manage properties in receivership, and navigate the challenges posed by insurance rates and market uncertainties.
• Strategies for Real Estate Success and Economic Trends: Gain valuable insights into the current economic landscape, lending trends, and rate forecasts. Bennett shares his thoughts on conservative underwriting, the impact of rising interest rates, and the potential benefits of seller financing in today's market conditions.

Reid Bennett | Real Estate Background

• National Council Chair of Multifamily Properties for SVN, a full-service commercial real estate franchisor of the SVN® brand comprised of over 1,600 commercial real estate advisors and staff that continues to expand across the globe. Multifamily real estate broker who works without council to serve multifamily clients in over 170 markets around the country.
• Based in: Chicago, IL
• Say hi to him at: 
  • LinkedIn
  • Twitter
• Best Ever Book: Insider’s Edge to Real Estate Investing by James L. Nelson
• Greatest Lesson: Hire a coach, and if you don't have an admin, you are one.

Click here to learn more about our sponsors:

Masterworks

Delete Me

BAM Capital

SyndicationAttorneys.com

Ever wondered how a former NFL player transitioned from the football field to thriving in the world of multifamily real estate? Get ready to uncover the playbook of Yannik Cudjoe-Virgil as he shares his remarkable journey from the gridiron to becoming a successful real estate investor. From leveraging relationships to capital raising tactics, Yannik reveals the game-changing strategies that propelled him to success in the commercial real estate arena.

Key Takeaways:

• The Power of Relationships and Networking: Yannik shares insights into how his background in the NFL and his connections within the sports community opened doors for capital raising and partnerships.
• Lessons in Partnerships and Operations: Yannik shares the benefits of having a reliable partner who complements your skills and expertise in multifamily investing. He discusses the challenges and lessons learned from operating smaller multifamily properties and the importance of building a scalable infrastructure for growth.
• Effective Deal Sourcing and Broker Relationships: Yannik shares his strategy for sourcing deals through direct broker relationships, focusing on becoming a preferred buyer. He provides advice on providing honest and constructive feedback to brokers when evaluating potential deals.

Yannik Cudjoe-Virgil | Real Estate Background

• Principal at Merlynn Acquisitions, which focuses on value-add Class C apartments in Baltimore
• Portfolio:
  • GP in 69 units
• Based in: Baltimore, MD
• Say hi to him at: 
  • LinkedIn
• Best Ever Book: The Power of Now by Eckhart Tolle
• Greatest Lesson: The importance of building your infrastructure as early as possible to scale seamlessly.

Click here to learn more about our sponsors:

Masterworks

Rent to Retirement

Delete Me

BAM Capital

Are you a commercial real estate investor looking to uncover hidden opportunities in the market? In this episode, Slocomb Reed interviews Anthony Scavo, President and COO of Basis Industrial, a vertically integrated real estate owner operator. Join us as Anthony shares his insights into the world of multi-tenant industrial properties and how Basis Industrial successfully pivoted their strategy. From supply-demand imbalances to adapting in a changing market, this episode provides valuable advice for investors aiming to make informed decisions.

Key Takeaways:

• Navigating Shifting Markets: Discover how Basis Industrial's pivot from self-storage to multi-tenant industrial properties was driven by recognizing supply-demand imbalances and adapting to changing market conditions.
• Investment Strategies: Anthony discusses the importance of positive leverage and finding properties that align with market trends. He highlights the significance of patient and strategic investment decisions in the current market environment.
• Learning from Mistakes: Learn from Basis Industrial's experiences as Anthony shares a key lesson about the importance of having backup plans and not repeating the same mistake twice. Find out how a nimble approach to staffing can mitigate challenges and setbacks.

Anthony Scavo | Real Estate Background

• President and COO of Basis Industrial
• Portfolio:
  • Self-storage, Industrial, Retail, Office and Residential
  • Over $750MM in AUM
• Based in: Boca Raton, FL
• Say hi to him at: 
  • Instagram
  • LinkedIn
• Best Ever Book:  Made in America by Sam Walton
• Greatest Lesson: When a mistake is made, don't panic, learn from it to make sure it doesn't happen again.

Click here to learn more about our sponsors:

Masterworks

Rent to Retirement

Delete Me

BAM Capital