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Real Estate Investor MBA

90 Episodes

26 minutes | Feb 3, 2023
Episode 90: The Four-Plan Strategy to Advance Your Financial Health and Wealth with Curtis May
The continuous expounding of knowledge is what drives people the most revenue. In today’s episode, our guest Curtis May talks about his four-plan plan, his three rules in investing, the five principles of personal finance and his understanding and teachings about financial strategy and real estate’s financial health and wealth.  He also talks about why you are your number one asset and your mindset. Listen with us today as he helps us shape our way so we can buy our first piece of inventory or maybe reshape your mindset so you can figure out the latest updates in today’s economy as well. If you’re ready to plan wisely for the future and experience your financial freedom earlier, hit that play button now! Remember, this is your MBA. Have a notepad handy, and get ready to take some notes!Key Points from This Episode: Curtis shared a bit about his background and how he got into investing. Why expanding your knowledge is always essential for real estate investors. Curtis states that your number one asset is you and your mindset. The crystal ball of Curtis for the next six to eight months and what’s going to happen with the recession. Curtis explains the three rules of investing. Curtis goes in-depth on the four-plan strategy. The real key to creating maximum wealth for Curtis May. The six things that every investor should take under control. Curtis shared the five principles of personal finance. Why is it important to get ensured and how does it drive you to take up new ground when a crisis surfaces? Tweetables: “Financial independence in our system, we call it being a cash flow near are getting to a position of FU, okay, which is passive income.” – Curtis May “You got to invest your mindset skill, set your network skills, make money, you need specialized knowledge is what generates revenue.” – Curtis May “While they're people that have not protected themselves, now that's opportunity for you to take new ground, you can charge because you're liquid, you have dry powder, and you can buy up competitors.” – Curtis May “Invest in knowing, invest in what you know, invest in what you can control or influence the outcome and don't chase returns.” – Curtis May “if you want to create maximum wealth, you have to create maximum efficiency. Stop giving money away.” – Curtis May Links Mentioned: Rich Dad Poor Dad Book The Intelligent Investor Practical Wealth Website Curtis May on Instagram Curtis May on YouTube Curtis May's Linktr.ee About Curtis May Clients hire me because I understand the value of making progress quickly. I have a unique program that doesn't make the mistake so often made in financial services-only planning for the distant future. I know that, while long-term planning is important, everyone has current financial needs they need help with. My unique program helps clients find money they often don't realize they're losing and apply it to a wealth-building strategy that complements their long-term goals and current lifestyle needs. The clients we tend to work with want to become financially independent, usually before age 65. They are business owners, investors and families who are tired of giving up control of their hard-earned money to strangers, and tired of relying on the stock market to continuously increase in value. Our clients want more control over their money. They are committed to lifelong learning and know that with the right education, they can find the best solution for their financial well-being.
26 minutes | Jan 25, 2023
Episode 89: Becoming “Franchise-preneurs” to Step Out of the Corporate Cycle with Kim Daly
The difference between a franchise and other businesses is that it invests in what has already been figured out. In this episode, Kim Daly walks us through how to successfully invest in franchise businesses to help you focus on your full-time job and eventually leave it. And if you also want to be a franchise-preneur and exit the corporate cycle, she tells us exactly how she did that! Kim shares specifically what she does as a franchise consultant and the types of franchise businesses that currently make sense to her. She also talks about the importance of scalability in this business and why franchising is a minimal-time commitment business. Secure your franchise investment today and build brand equity and awareness so consumers may recognize your brand as something ‘better’. Listen now and sit with us! Remember, this is your MBA. Have a notepad handy, and get ready to take some notes!Key Points from This Episode: Kim introduces herself and what she does. The type of people who want a franchise. Kim explains what exactly her job is and how people would know where to begin. The types of businesses that Kim thinks would make sense. What is a net lease? What is a gross lease? Types of franchises Kim is working for. Kim talks about the laundromat and why it is an example of a minimal-time commitment type of franchise. What is the importance of scalability in franchising? The time frame of doing franchising business. What makes franchises successful? How saturating the market and growing your company creates brand recognition, equity, and awareness. Why you don’t want your place to be so full that people are leaving and then going somewhere else? Tweetables: “People want predictable, scalable revenue. They want low fixed costs and big fat, healthy margins. They want small teams of people. They want quality of life .” – Kim Daly “You have this opportunity to build and scale this revenue that doesn't require your time, that over time can replace your, your big W2 job.” – Kim Daly “There are franchise businesses that almost feel like a real estate play because they are very minimal time commitment, like a laundromat.” – Kim Daly “The wealth is always created through scale.” – Kim Daly “In any portfolio, the more diversified you are, the safer the whole thing.” – Kim Daly Links Mentioned: Kim Daly on YouTube About Kim Daly Kim Daly is one of America’s top franchise consultants. For almost two decades, she has been educating, motivating and inspiring dreams of business ownership through franchising as an independent consultant with FranChoice. She co-authored, Franchising Freedom, an international best-selling book as well as Mission Matters Volume 5, Top Tips to Success, and in 2012, she built the largest consulting practice in the history of franchising consulting. Today, she continues to help thousands of people explore their investing and business ownership dreams through her individual consulting, podcasting and online motivational programs. Prior to becoming a franchise consultant, Kim was a highly sought-after health & fitness consultant working with Denise Austin, Dr. Denis Waitley, eDiets.com and Gold’s Gym. She launched the first health & fitness marketplace at USATODAY.com and co-founded her own martial arts school. She has been self-employed since she was 25 and loves to boast that she has a life MBA and is completely unemployable because her freedom has no price! As she travels the country hosting live franchising and motivational events and creating videos for her YouTube channel, she shares her heart, knowledge, passion and experiences with the goal of helping others to live their best life. Kim graduated Summa Cum Laude from the University of New Hampshire with a Bachelor of Science in Nutritional Biochemistry and a minor in Sports Nutrition. She worked as a personal trainer and had medical school dreams before entrepreneurship and franchising found her. She grew up on the seacoast of southern New Hampshire where she still lives today with her two boys, her parents and siblings. When she is not inspiring other people’s dreams, she is working on her own! She is a Christian, a personal development junkie, a health & fitness enthusiast, an avid skier and a soccer mom. She can be reached at 603-964-2910 or via email: KDaly@FranChoice.com.
22 minutes | Jan 20, 2023
Episode 88: Go Direct to the Seller with Zack's App and Seal the Deal
There will come a time when the only houses that are up in the market are the nicest and most fixed up for a reasonable price. Today’s guest, Zack Boothe, shares with us how he was able to produce a successful inventory along with creating an application that helped thousands of people find real estate owners through trial and error. With Zack’s app, anyone can go direct to the seller and seal the deal! Another highlight of this episode is when he shared his 40-day challenge of achieving his American income goal which is to generate a $40,000 income in 40 days. He also shared how much fulfillment he’s getting by helping thousands of people and his crystal ball on what’s going to happen in the next six months or years.  Remember, this is your MBA. Have a notepad handy, and get ready to take some notes! Key Points from This Episode: Zack shared how he started helping and working with investors. Zach found fulfillment in helping people more than money. What did Zach do to successfully get his inventory? Zack explains his strategy called “Driving for Dollars”. Zack talks about how he found a way to systematize his marketing list using augmented reality. An in-depth explanation of what the Deal Machine is and how it helps your real estate business. How was Zack able to purchase his first two real estate properties with just $2000 seed money? How did Zack sell a piece of paper for $105,000? Zack shares how he achieved his average American income–$40,000 in just 40 days. The current state of the people and their disposition in the market. When will the market shift from a seller’s market to a buyers’ market? Zack’s crystal ball regarding the projections for the next 6 months or year. Tweetables: “I had to give away whatever I wanted to receive.” – Zack Boothe “If you want love, you give love. If you want money, you gotta give money. And so I was like, okay, well I'm gonna do a million dollars in my investment business next year, but I gotta do that for other people too.” – Zack Boothe “You can drive and see these houses and they may not wanna sell today, but they'll sell in three months, six months, a year, two years. It's not gonna go to an end buyer that can even qualify. The banks won't even give them money for the house because it's such a bad shape.” – Zack Boothe “There's a lot of issues that come up. But the thing that I love about what I do is I don't have any debt. I have debt, but it's covered by tenants on my stuff.” – Zack Boothe “I am more excited about the next two, three years of my life than I have ever been in this industry because it's going to shift from a seller's market to a buyer's market.” – Zack Boothe Links Mentioned: ListSource Website Deal Machine Website Zack Boothe on Facebook Driving for Dollars Mastery Website Zack Boothe on Instagram Zack Boothe on TikTok 40-day Challenge About Zack Boothe Just a few years ago, Zack Boothe was a window cleaner. You can even find his window-cleaning tutorial videos on youtube with millions of views. Although he achieved success with his window cleaning business, he always dreamt of being a real estate investor. Taking a leap of faith, he walked away from window cleaning, and within a handful of years, he was making over a million dollars per year from real estate investing. Zack now has his own team and spends much of his time giving back and helping others get started in the competitive game of real estate. Zack is passionate about sharing how easy it is to be successful once you implement a system that consistently produces discounted properties. When he isn’t helping people make money through real estate, Zack can be found spending time with his wife and two children and hiking the mountains of the Western United States.
29 minutes | Jan 10, 2023
Episode 87: $2 Billion AUM: Safely Navigating Investor Capital through the Rising Tide of Interest Rates
Capital equity and debt are the two ultimate keys to driving real estate deals and value. In today’s episode, our guest, Greg Dickerson, tackles everything about cap rates expansion and interest rates going up and how it all boils down to the cost of the capital. He explains why educating ourselves right now is a crucial thing to do especially in the state of today’s real estate market and the opportunities out there. He also talks about what is going to happen and what we can expect in the future. Based from a historical standpoint, Greg also discusses the Fed, inflation numbers, and the consistent rent raise in order to continuously hold one’s assets. Listen to this episode and brace yourselves as Greg helps us start and grow our business, raise capital and most importantly, do bigger deals! Don’t miss it! Key Points from This Episode:   Greg talks about today’s state of the real estate market and how the banks are reacting. How does Greg tell someone who’s thinking about getting into real estate that they can still do it? The two things that create and drive real estate deals: equity capital and debt. Greg advises us that there’ll be opportunities, we just have to educate ourselves, understand what we can do, where banks are and what they are willing to do. What’s going to happen when the dust settles and the Fed is resolved? The biggest risks to the real estate market. Why political pressure will be put in the Fed in 2024 If you’re a new investor, you don’t need 50 properties. Greg believes you only need a win or two. Greg explains that the inflation numbers being reported aren’t right because rents are currently lagging in their numbers. With what is happening right now, why is it definitely the time to educate yourself? Greg claims that we are currently in a risk-off environment right now. The most important message of the podcast. The journey of how Greg started in real estate. The state of the real estate market right now. How did the Navy help Greg in real estate? Tweetables: “The reason the markets are reacting like they are, and the reason bonds yields are going up and rates are going up is because the Fed said we're gonna be a hundred basis points above inflation.” – Greg Dickerson “As the market continues to adjust, you need to be very conservative in your underwriting. You need to be very conservative in your assumptions. You need to assume whatever you're buying now is gonna be worth less potentially for a little while.” – Greg Dickerson   “I think the big opportunity is gonna be next year once we really start to see where the economy's going and the effects of what the Fed's doing. Potential slowdown in the economy as we get into 2024. That's where you might see some real opportunities.” – Greg Dickerson “At some point, people, they can only afford what they can afford. So they quit paying or they move.” – Greg Dickerson “I'm a developer, so I take a lot of risks and I'm used to big risks, big, big rewards. But there's also times where you have to be cautious. You have to be cautiously optimistic, and you have to just risk it off.” – Greg Dickerson Links Mentioned: Greg Dickerson Website About Greg Dickerson As an entrepreneur, real estate investor and developer, Greg has bought developed and sold over $200 million in real estate, built and remodeled hundreds of custom homes and commercial buildings and started 12 different companies from the ground up. Greg is an expert on the topics of Real Estate and Construction. He has spoken at many real estate investing groups, masterminds and events. Greg has also been a guest commentator on the Fox Business Network with Neil Cavuto and Dave Ramsey, he has written articles for magazines and newspapers and is a featured contributor in the book Walking with the "Wise Real Estate Investor" and "Walking with the wise Entrepreneur" featuring Donald Trump, Suzi Orman, Rachel Barnes and others.   Greg has always been a very active member of his church and community serving on the boards of several non-profit organizations including Realtors Association, Home Builders Association, Remodeling Council, Community Foundation, Heart Association, Cancer Center, Education Foundation, Babe Ruth Softball, YMCA, Parks and Recreation, SPCA, PTA, School Boosters, Youth Ministry Council, Fellowship of Christian Athletes and Christian Surfers.    You can reach Greg at 434-326-3903 Greg@GregDickerson.com
28 minutes | Dec 27, 2022
Episode 86: Winter is Coming: Utilizing this Recession Could 10X Your Real Estate Career
The people that can move the fastest are the ones that have the most information available to them. Jake Harris is a book author who specializes in investing in real estate during a recession. His goal is to let investors understand the business model and business thesis that investors are coming into. To execute the business plan and do the acquisition price warrant. He also shares that it starts with the business plan; the best time to invest is in your hands, it just depends on your business plan. Our guest shares that the key to success is about setting and changing your mindset and using your time and talents to dive into your purpose. Brace yourself up as you learn how to change your mindset, have the ability to move quickly and efficiently, and then create generational wealth in these recessions. Remember, this is your MBA. Have a notepad handy, and get ready to take some notes!Key Points from This Episode:   Jake shares about how he started writing "Catching Knives." How does diligence make reconnecting with a course difficult? Jake talks about the intrinsic price. Why is building a business plan the first thing that investors should be doing? How does cash flow affect the investment horizon? Forming an avenger core of people that are going to go in and buy these distressed assets, or something along those lines. The big gap between the buy and sell aspects Jake gives advice when buying a deal. How does Jake define interest rates? How does Jake work with investors? A big disillusionment about money trading Jake shares how important it is to develop the passive wealth machine. Tweetables: “Trial and error is an amazing and fantastic teacher— it's actually the worst way to learn.” – Jake Harris. “People are more willing to sell closer or even at a discount to what the intrinsic price is.” – Jake Harris. “It's always a good time to buy. It just depends on your business plan.” – Jake Harris.    “And so that is very much a lot of the components about how you're buying—you need to understand the game you're playing.” – Jake Harris. “Timing is everything.” – Tajes Gosai “You need to stop trading time for money and start trading money for more time..” – Jake Harris. Links Mentioned: Catching Knives - Jake Harris Real Estate Investor Catch Knives Website  Rich Dad Poor Dad Book About Jake Harris Jake Harris is an author on distressed commercial real estate, bringing 18+ years of experience in real estate, construction and investment management, and has been a featured national speaker on his expertise. Over the past 6 years, he has managed, developed, and acquired $200m+ in projects and over $250m in the development pipeline, primarily focused on San Antonio and central Texas. Jake loves to build relationships and communities. Above all he is a family man, fathering two adventurous boys and a newborn daughter with his wife.
30 minutes | Dec 23, 2022
Episode 85: Implementing Systems and Processes That Strive for Efficiency and Scalability
Real estate is an occupation that can create abundant opportunities in lifestyle. In today’s episode, Anna Myers who is a Chief Operating Officer shares with us her plans for watching the horizon and understanding how upcoming market changes can impact things. She also talks about data that isn’t just about numbers—it is having continuous research study for the market. So one of the powers of our company and its efficiencies are rooted in knowledge. Buckle up and learn how to grow your market with plans and processes! Remember, this is your MBA. Have a notepad handy, and get ready to take some notes!Key Points from This Episode:   • Anna shares her stepping stone on Grocapitus. • The hard-to-keep growth count of Grocapitus as of November 2022. • How to manage large portfolios? • What moratorium happens during the peak of COVID?  • Anna talks about essential research studies on companies.  • Ways of doing assets and getting away from a curve that is coming.  • Anna shares about the growth value multi-family income funds.  • Anna talks about their existing portfolios and the ship-shaped current assets.  • Debts couldn’t be ignored. • What is dry powder? • Anna’s vision towards the best assets in the best neighborhoods of the best markets and the best states. Tweetables: “So we also believe it's very, very important to show your data to your investors” – Anna Myers  “Our data is based on third party knowledge. I mean, we're not going around creating data.” – Anna Myers “Debt is so volatile right now that it's a very difficult environment to operate in” – Anna Myers “Be careful about where you buy. Because if you buy in a place that's still coming down, you could end up in the wrong, upside down there.” – Anna Myers “No one can tell you absolutely for sure which market is gonna do the absolute best.” – Anna Myers  Links Mentioned: Grocapitus - Grofund Multifamily U About Anna Myers Anna serves as Vice President at Grocapitus, a commercial real estate investment company in the San Francisco Bay Area. Anna is a third-generation commercial real estate entrepreneur who applies her 25+ years of experience in technology and business to finding, analyzing, acquiring and asset managing commercial properties in key markets across the U.S. Together with her business partner Neal Bawa, they approach real estate through a data science lens to create compelling profits for 1000+ investors. As the lead underwriter for the company, Anna teaches deal analysis for MultifamilyU in quarterly Boot Camps. MultifamilyU is an apartment investing education company owned by the principal Neal Bawa. Also via MultifamilyU, Anna hosts weekly webinar events featuring top speakers in real estate. Anna is regularly interviewed on podcasts in the industry, with over 25 podcast appearances so far in 2019. Anna Myers also co-hosts two monthly Real Estate Investor Meetups in the Bay Area with over 1000 members. Related to Syndication with Grocapitus, Anna and Neal have successfully completed Equity Raises of 25 Million dollars for Multifamily Acquisitions in the last 12 months, resulting in over 1300 units purchased. They are on track to close another 1300 in the next 12 months. As the asset manager for the Grocapitus portfolio, Anna again brings the data driven approach to track and insert optimizations to the properties to help drive property performance and investor returns.
24 minutes | Dec 20, 2022
Episode 84: Historical Data as Your Real Estate Shield and Sword in Fighting Inflation with Mike Zlotnik
With inflation, getting consumer prices reasonable is just a side effect. The main goal is actually to fight consumer price index inflation. In today’s episode, Mike Zlotnik shared the historical data that will help us make successful decisions, how the Federal Reserve is fighting inflation, and how they are getting the consumer price under control. Mike dove deeper into Fed history, the reason behind increasing rates, and how the Fed is pushing rates as a demand construction mechanism. He also spoke about why today is still a good time to invest, the cyclical markets he’s in, and why he is continuing to buy into them. All these and more, so listen now and find out the only way the Fed is fighting inflation! Remember, this is your MBA. Have a notepad handy, and get ready to take some notes!Key Points from This Episode:   The multiple funds Mike is managing right now. How did Mike’s current environment affect him and what he is doing? Why should fund managers prefer over communication to under communication? Mike shares the markets he’s successful with and the plays he did.  Why investment decisions today shouldn’t be driven by the short-term horizon. What is the role of the Federal Reserve? Mike shares his opinion on how long rates will continue to go up. The only way to fight inflation. Fed’s goal: get the consumer price under control. How does Mike encourage real estate investors and people who are finding their next deal in the current state of the economy? Mike explains why you can still invest today. The idea of dollar-cost averaging. What are some examples of cyclical markets and why is Mike staying in them? Tweetables: “We allocate capital into the opportunities and we adjust with the market and the times. And now is one of these times where volatility is up and certainty is up, and we're certainly adjusting as well.” – Mike Zlotnik “We believe in quality information on a periodic basis. Instead of spending a ton of time just putting out noise, we're trying to provide valuable updates and information.” – Mike Zlotnik “There is a relationship between unemployment and inflation. When you have very low unemployment, inflation generally spikes. It's called the Phillips Curve.” – Mike Zlotnik “We provide updates to investors as much as we can without making this a continuous process of just updates, updates, updates. They need to generate returns.” – Mike Zlotnik “By sitting and waiting for perfect timing, you may miss the market.” – Mike Zlotnik Links Mentioned: Big Mike Fund Website Mike Zlotnik on LinkedIn About Mike Zlotnik Mike Zlotnik has been a real estate investor since 2000.  He started his career and had spent nearly 15 years in the information technology field managing Risk, Business Intelligence and Quality. While building a successful carrier in IT, Mike’s passion has always been real estate investing because of its outcome predictability and well-understood risks. In 2009, Mike joined Tempo Funding, LLC (Mortgage Pool Fund) as a managing partner, and Vice President of funding operations. Starting from January 2014, Mike has assumed the responsibility of the CEO and has since founded TF Management Group, LLC, launching several new real estate investment funds, including but not limited to: TF Investment Fund II LLC (Income Fund), Tempo Opportunity Fund LLC (Growth & Income Fund) and Tempo Growth Fund LLC (Growth Fund). Under Mike’s Leadership, the company has seen transformation and growth, delivering strong returns for their investors.
27 minutes | Dec 15, 2022
Episode 83: Multi-family Guru, Matt Faircloth, Says to Keep Calm and Buy On
Stability is the key to being successful in today’s market. In today’s episode, our guest Matt Faircloth who is a full-time real estate investor shares with us his tricks and tips on buying assets. He talks about how politics is affecting real estate both nationally and internationally and how you should handle turmoil.  He also cleared up what cap rates mean and why they aren’t just indicators of whether a deal is good or bad but indicators of its risks. Matt also discusses the investors he is currently working with and the markets he is eyeing to buy assets to. Tune in now to also find out how he and his business transform multiple lives through real estate!  Remember, this is your MBA. Have a notepad handy, and get ready to take some notes!     Key Points from This Episode:   How does Matt tell people about what’s going on right now in real estate? How do politics nationally and internationally affect real estate? Matt talks about how to deal with turmoil when it happens. What are cap rates and why they are not indicators of a good or a bad deal. What’s the difference between a good deal and a bad deal? The current markets Matt is looking into. Whom do Matt work with and what types of investors are they? Matt talks about how he works with his investors. Why are more people jumping into real estate investing and organizations to manage real estate? Real estate doesn’t go anywhere at some point. Matt’s vision for the future and his mantra of transforming lives through real estate. Tweetables: “If you do deals that are baked into appreciation, you are investing on something that you can't control.” – Matt Faircloth “The reason why cap rates are higher in certain markets is because cap rates are a measure of risk factor.” – Matt Faircloth “If you invest deep into a regional market, you can leverage scale.” – Matt Faircloth “We are just beginning to see, we as in collective we, you and me are just beginning to see the amount of inbound that we're going to see in our fund.” – Matt Faircloth “To be successful in today's market, you've got to change what matters, right? So what matters now is a little more stability, maybe a little bit lower return in exchange for that stability.” – Matt Faircloth Links Mentioned: Bigger Pockets Website Rich Dad Poor Dad Book Raising Private Capital: Building Your Real Estate Empire Using Other People's Money Book by Matt Faircloth DeRosa Group Website Matt Faircloth on LinkedIn The Real Estate InvestHER Website About Matt Faircloth Matt, originally from Baltimore, Maryland, graduated from Virginia Tech with a degree in Engineering. After playing Robert Kiyosaki’s Cash Flow Game, Matt decided to quit his safe and secure job working as an engineer in a Fortune 500 company to become a full time real estate investor. Under Matt’s leadership, DeRosa has completed over 30 million in real estate transactions involving private capital including fix and flips, single family home rentals, mixed use buildings, apartment buildings, office buildings, and tax lien investments.  Matt has an extensive expertise in connecting passive investors to lucrative investment opportunities through syndications, private loans and joint ventures.  Matt Faircloth is an active contributor to BiggerPockets.com through Facebook Live, teaching webinars, and blogging. He leads the Mentorship Mondays series on DeRosa’s YouTube channel where he answers weekly real estate investing questions!  On a personal side, he sits on the board of a local nonprofit, volunteers as a trainer for men’s leadership weekends, and enjoys making wine (especially red to please his Italian wife!)
28 minutes | Dec 12, 2022
Episode 82: $1 Billion AUM: The Mad Scientist of Multifamily Shares his Playbook and 2023 Outlook
Every single decision in real estate relies on information. And in order to make the right move, you must mitigate your risks. For today’s episode, the mad scientist of multifamily, Neil Bawa, talks about the issues that are currently happening today, the historical information of what our ancestors have done over the past decades, and how we can adapt our commercial real estate business and multifamily business. Since he is a data guru, process freak and outsourcing expert, he also shares with us how he treats his $1B portfolio to experiment with efficiency and optimization. Tune in as he shares his two mantras and the other disruptive beliefs that fuel him to drive consistent profits for his 700 investors! Catch us now and discover his playbook and 2023 outlook! Remember, this is your MBA. Have a notepad handy, and get ready to take some  notes!   Key Points from This Episode:   Neal introduces himself and shares what he is currently doing with his assets. The specifics and markets Neal is looking for right now. Neal shares how he still manages to purchase properties and what he’s doing for the future. What’s going to happen to real estate in the next 12 months? Neal talks about the natural gas industry in the United States. The benefit that real estate has in the middle of a recession. Why, for Neal, today’s property management is very simple? The concept of build-to-rent and the shift from high-density apartment complexes to mid-density apartment complexes. Why you need to get into the apartment market, particularly in the Build to Rent Industry. Neal’s opinion about the theory that no one is going to buy a house anymore and everyone will just subscribe to renting. How can someone invest with Neal? Tweetables: “When you plan for the future, you can't just be planning for the next six months or the next 12 months.” – Neal Bawa “The bad news is the good news.” – Neal Bawa “No property manager does all of the things that they tell you they're going to do simply because there's not enough manpower.” – Neal Bawa “I would subscribe to you that build-to-rent is definitely one that our entire industry is now looking at.” – Neal Bawa “I think that it's not that they [millenilas] don't wanna buy homes, it's just that they realize that they're priced out.” – Neal Bawa Links Mentioned: Multifamily University Website Neal Bawa on LinkedIn Neal Bawa on Facebook About Neal Bawa Neal Bawa is a technologist who is universally known in the real estate circles as the Mad Scientist of Multifamily. Besides being one of the most in-demand speakers in commercial real estate, Neal is a data guru, a process freak, and an outsourcing expert. Neal treats his $1 billion-dollar portfolio as an ongoing experiment in efficiency and optimization. The Mad Scientist lives by two mantras. His first mantra is that "We can only manage what we can measure". His second mantra is that "Data beats gut feel by a million miles". These mantras and a dozen other disruptive beliefs drive profit for his 700+ investors. Neal serves as CEO / Founder at Grocapitus, an iconic, data-driven commercial real estate investment company. Grocapitus’ 28-person team acquires and builds multifamily & commercial properties across the U.S. With more than 700 active investors and over 2,000 reviewing our projects, the Grocapitus portfolio currently spans across 10 states with 31 projects (4 sold) and 4,800 units/beds. The powerful Grocapitus brand has a cult-like following of data-driven investors. The result - Completed equity raises of $270 million* for Multifamily, Mixed-Use and Industrial acquisitions in the last 18 months, with over 4,800 units purchased. Grocapitus is on track to close another 1,500 units in the next 12 months.
37 minutes | Dec 8, 2022
Episode 81: Fight Inflation With Cash Flow Strategies That Supercharge Your Income
Having a defense-offense strategy protects you from losing your money unconsciously. In today’s episode, MC Laubscher shares with us every twist and turn in his primary objective which is compounding your growth in real estate. He talks about how they study the best minds in business and investing and incorporate them into the different frameworks that they employ in their company.  He dove deeper into the framework they currently have that enables them to plug cash flow leaks to have proper cash flow management systems and great capital allocation that deploys it back to their business, converting it into cash flow investments. MC also shared the “Reset Framework” they established for the constant-changing economy. Listen now and prepare yourself to be part of the greatest wealth transfer in human history! Remember, this is your MBA. Have a notepad handy, and get ready to take some notes!Key Points from This Episode: MC shares a little bit about himself. MC talks about why, for him, the world is not presented as it was. How did MC kickstart his investing journey and buy his first property? How did MC manage to collaborate with the investors he wanted to be with? What enables MC to invest in more than one market and invest in different niches? MC explains what family offices are and their system. The business that MC started and how it scaled up into a full-blown company. The Arrival Syndrome and the law of compounding. MC discusses the big numbers and their key framework. Why should capital sit somewhere before deploying them into cash flow? The ‘crystal ball’ of MC in the current market. Why did MC build his business entirely virtually and how it changes the lives of people? The internet is the number one platform that produces more millionaires and billionaires.  What is the ‘reset framework’ they’ve formulated when the economy changes? The process of the world resetting every 30 to 40 years.  The dangers of not understanding what’s happening in society and returns of being prepared for those changes. Why investing in real things is urgent and how does it save you? How to invest in crypto without owning a coin. The two big themes are freedom and sovereignty. Tweetables:   “One of the things that I saw from my dad was his approach to his craft, which is Martial Arts, is he pursues excellence in his craft daily.” – MC Laubscher   “We try to find frameworks by studying the best minds in business and investing, and then we try to incorporate those frameworks into what we do.” – MC Laubscher   “We play good defense because defense wins your championships. You know, offense wins you games.” – MC Laubscher   “The Internet creates more millionaires and billionaires than any other  other platform.” – MC Laubscher   “Once you've plugged cash flow leaks, you've got proper cash flow management systems, you've got great capital allocation, and now you're deploying it back in your business and into cash flow investments.” – MC Laubscher Links Mentioned: Rich Dad Poor Dad Book Cash Flow Ninja Website   About MC Laubscher M.C. Laubscher is a husband, father and serial investor, entrepreneur and successful podcaster, with a passion to assist investors and business owners create, recover, warehouse and multiply cash flow through advanced strategies. A Forbes Finance Council member, M.C. is a contributor to global finance publications and creator and host of the top-rated business and investing podcasts including Cashflow Ninja (downloaded 3 million times in 180 countries) and Cashflow Investing Secrets. M.C. is also President and CEO of Producers Wealth, a virtual wealth creation firm that assists investors, and business owners to set up and implement Infinite Banking.
27 minutes | Dec 5, 2022
Episode 81: Compound Your Acquisition Strength by Unlocking The Power of 1031 Exchange
What most people don’t know is that there is a real estate tool that allows you to move anywhere into any type of property, allowing you to expand your growth. In today’s episode, Dave Foster shares with us how we can compound our acquisition strength through the power of the 1031 exchange. And although the term is complex, Dave allows us to fully comprehend it by explaining clearly what a 1031 exchange is and how it works. He even shares some tips on how to start and when to use the 1031 exchange. It has already been proven by numerous investors who learned and utilized the 1031 exchange that they can compound and scale up their capacity to walk through the peak of financial freedom and toward generational wealth. Sit with us now and find out how to use the 1031 exchange according to its right timeline so you don’t lose its benefits! Remember, this is your MBA. Have a notepad handy, and get ready to take some notes!Key Points from This Episode: Dave shares about himself and his goals. What is 1031 exchange? The origin of the 1031 exchange and how a man named Starker made 1031 available at the organic individual investor level.  Dave talks about how the 1031 exchange works. The different types of investors and their timelines. What’s the timeline for a 1031 exchange? When does a property have to close? Is there a max number for a 1031 exchange? What’s the best time to start a 1031 exchange and sell your property? Dave’s story of how the 1031 exchange came to be. Dave shares a secret key strategy to generate profit that is tax-free.  Tweetables:   “In real estate, everybody says what? You make your money when you buy, and that's true. But the 1031, you keep your money when you sell and use the 1031.” – Dave Foster   “In all sorts of walks of life, real estate at its most organic level is all about growth into it.” – Dave Foster “You just have to accept what the market is giving you and understand if I'm gonna sell at the top, it's probably unreasonable for me to think that I'm gonna buy at the bottom.” – Dave Foster “Any property that is used for productive use in business, investment, or trade, as long as it is investment real estate, it qualifies for any other type of investment real estate and that's what makes 1031 so powerful.” – Dave Foster “And another key that a lot of people don't know about is that another part of our strategy was that we would sell our primary residence. And every time we did that, after living there for two years, we got $500,000 of profit tax free.” – Dave Foster   Links Mentioned: 1031 Equity Exchange, LLC Website   About Dave Foster Dave Foster, investment professional and qualified intermediary, or QI, understands that real estate is an investment in the future. He has 20 years of experience working in all phases of real estate investing - from large-scale development to single-family homes and vacation rentals. He has a keen eye for opportunity and a clear vision for reducing the impact of taxes. A degreed accountant with a master’s in management, Dave has taught numerous certified continuing education courses on investment tax strategies. His particular focus on basic and advanced 1031 Exchanges has made him a popular guest speaker for local realtor associations, investment clubs, and podcasts. He teaches agents, investors and advisors alike the ins and outs of 1031 Exchanges and other tax and investment options. Dave has built his reputation on being a driven, results-oriented QI who works relentlessly to maximize value for the real estate investors he works with. He is inspired by a genuine desire to help those around him succeed and continuously strives to create win-win situations. The best investment decision Dave ever made has been to spend more time with his family. After just eight years as an investor, he was able to use a combination of 1031 exchanges and a section 121 exemption to generate enough tax-free proceeds for the cash purchase of a sailboat. He lived aboard and enjoyed the adventures of coastal sailing with his family for 10 years. Now he helps other investors pursue their dreams while he works on a land development project and his four sons finish their academic careers.
29 minutes | Dec 1, 2022
Episode 79: Passive Investing is Your Best Bet to Scale Up Units and Mailbox Money Without the Headaches
Financial freedom can be achieved without having to bring headaches along the way. And today’s guest, Jake Wiley, walks us through step by step how to do that ultimate goal! He talks about how important it is in real estate to have the right network to find assets and deploy your capital the right way. In today’s episode, your limiting beliefs about investing will be reconstructed because Jake proves that you can create the right path in owning your real estate someday even if you don’t have a lot of money. He also shares how after a 16-year period, he was finally able to come up with the best way to own your real estate through Limited Partner as a vehicle. So tune in now and own, leverage, and scale up your own real estate asset today! Remember, this is your MBA. Have a notepad handy, and get ready to take some notes!Key Points from This Episode: Background of who and what Jake does. Books as catalysts for people to get out and do something. The issue that Jake has about passive investing: it’s a myth. Jake shares how Limited Partner’s name was molded and how it’s helping many people achieve their dream. Jake’s first advice: niche down. Jake talks about the need to have a general partner or operator that puts deals together, manages them, and takes liability for them. Jake dove deeper into explaining the difference between a general partner and the limited partner. What kind of people does Jake work with? What does Jake see going on for the future? Tweetables: “I had to learn how to raise capital to keep myself afloat really quickly, and that was a fun and interesting learning experience.” – Jake Wiley “When there's blood in the streets, you go buy.” – Warren Buffet “The issue that I have with buying rental real estate is that the passive income aspect is a myth.” – Jake Wiley “The passive investing world is like this mythical place that's very reachable.” – Tejas Gosai “You don't have to be the expert, you just have to find the experts, and then you can take what you've been doing.” – Jake Wiley Links Mentioned: Rich Dad Poor Dad Book The Limited Partner Website Jake Wiley Email About Jake Wiley Jake Wiley has been investing both passively and actively in real estate for the past 15 years and raising private funds for strategic value-add investments and long-term holds. He is also the host of the "Limited Partner" podcast, the only community for limited partners.
24 minutes | Nov 27, 2022
Episode 78: 4000 units - How Toro's Founder is Still Taking the Market by the Horns
Acquiring 4000 units didn’t signal our guest, John Cohen, Founder of Toro Real Estate Partners, just to stop there. Instead, he continues to push through and dominate in various types of markets. John explains his understanding of the real estate space’s deep value investing, starting with buying tax deeds and liens.  He talked about his involvement in over $500M from different real estate transactions.  He also shared his spanning tax liens, his rental sale transactions in Manhattan, and even personal investments and how he’s managing them. Catch us today and find out the easiest path to earn money, find opportunities in the market despite the current challenges, and his relationships with banks and types of debt. Remember, this is your MBA. Have a notepad handy, and get ready to take some notes!Key Points from This Episode: Introduction to John’s life as the founder of Toro Real Estate Partners. How did John get started with multifamily investments? The system and scalability that has allowed John to grow his business in a short period of time. John talks about the current market they’re targeting and the challenges of finding properties in the current market.  John shares his relationship with banks and different types of debts in the present moment. How far have masterminds helped John? What kind of individuals does John work with and how does he work with them? The easiest path when you’re raising money. How does John manage his assets? John’s ways of keeping his investors informed about what’s happening even when they’re in different parts of the world. The plans John has in looking for other new opportunities in the future. What would John like to tell those people who aren’t buying their multifamily or single-family assets? Tweetables: “At the end of the day, real estate is a who you know type business. Not just from finding a deal or finding an acquisition or talking to a broker, but it's also when something goes wrong, who do you know that can help you fix the situation? ” – John Cohen “If you just buy a deal and forget about it, a lot more can go wrong. ” – John Cohen “I think the current market condition may make it a little bit harder, maybe more challenging. But at the end of the day, you know what we wanna focus on? Deals that we believe in. ” – John Cohen “Have a reason for what you're doing. And whether it's your hundredth deal or your first one, if you wanna do it, you're not just gonna wake up and it's gonna be there. So you gotta take action. ” – John Cohen “The more people you can put in your contacts, that can help you in a situation will drastically impact the success of deals. ” – John Cohen Links Mentioned: Toro Real Estate Partners John Cohen Email About John Cohen President of JC Property Group Inc., John has been investing in real estate since 2010. Having started with purchasing tax deeds and tax liens.  In 2013, he did $3,247,000 in real estate transactions. In 2014, he switched his focus to the multifamily asset class and became a member of a group that closed $70 million worth of transactions. Before leaving Marcus & Millichap to focus 100% of his time on the growth of his company, he was a team member of a group that sold over 26 multifamily properties in the Brooklyn and Queens market. Prior to his involvement in real estate, John was a licensed (series 7 and 63) stockbroker, but decided that brick and mortar investments were far less speculative than the stock market. John played baseball at Queens College where he graduated with a degree in Economics.
24 minutes | Oct 4, 2022
Episode 77: The Secret Sauce to Transacting Over $100 Million in OFF-Market Multifamily Real Estate
Finding inventory is always a problem. Sometimes, it hinders financial freedom, thriving business, and being a great real estate investor. In this episode, Adekunle Popoola shows us how to build a team and help countless real estate owners, developers, and entrepreneurs while sharing the essence of effective and consistent marketing. He also reveals his system for finding the right investors to partner with and how to still find deals amidst interest rates going up and cap rates going down. Sit back and listen to how Adekunle explains the success in sourcing off-market multi-family inventory together with his 10-31 technique! Remember, this is your MBA. Have a notepad handy, and get ready to take some notes! Key Points from This Episode: Adekunle shares how he started in inventory. How does Adekunle’s team forefront the conversation to know different personalities?  Adekunle talks about building connections —Great relationships with buyers and investors.   How to build an excellent system for tracking and finding investors? Provided diligence and got an inspector for units: the ability to offer packages to investors. Adekunle shares how the pandemic helps their business.  How Adekunle handles compliance?  Adekunle mentions realtors and how they are making big deals with them. Why are folks and crystal balls relevant in the next few months? Why Adekunle is not worried about an interest rate hike. He talks about the importance of consistent and effective marketing. Interest rates and cap rates have gone down. How to still get dealers? How does the business evolve in terms of data mining? What is a 10-31 technique?  Tweetables: “Because it has a lot of negative connotations and everything I have used with this business is just a business model that solves problems. ” – Adekunle Popoola “That's our goal. We try to make this process as seamless as possible. ” —Adekunle Popoola “Speed is always an issue.” —Tejas Gosai “It's not just always a seller trying to make a buck.” - Tejas Gosai   “Disposition becomes a necessity.” — Tejas Gosai Links Mentioned: Ade Popoola on Twitter About Adekunle Popoola Often regarded as an inventory hound, Ade Popoola has found and moved several million dollars worth of off-market Multi-family real estate over the past 3 years. He is known for his ability to find discounted off–market deals which are very hard to come by.   Currently holding active licenses in Ohio and Pennsylvania as a registered nurse, Ade decided to combine his passion for data, marketing, and multi-family investing to create systems and processes that can find off-market multifamily deals consistently all over the country.
23 minutes | Sep 21, 2022
Episode 76: Capitalizing Residential Assisted Living Amidst Skyrocketing Prices with Isabelle Guarino-Smith
The greatest responsibilities will come when it needs you the most. Isabelle Guarino-Smith runs residential assisted living. Her goal is to make a home for seniors and to make them feel that someone is looking and will understand them. Brace your chairs up and learn how Isabelle tells the importance of seeing the unseen and being great on your real estate investment simultaneously. Remember, this is your MBA. Have a notepad handy, and get ready to take some notes! Key Points from This Episode: Isabelle shares how she started in real estate investment. What change is for Isabelle’s Dad? Isabelle talks about the difference between residential assisted living and nursing homes. Isabelle debunks the misconceptions about assistive living.  Is it required to have a professional license to be an administrator, home, and caregiver? How to find a ranch home? Isabelle shares her two preferred ranch homes.  Scott explains the difference between running your active business and making deals on your estates. If people plan to build and look for land, does it need to be zoned residential?  Does the Medical professional serve 24/7?   Tweetables:  “It's like all this terrible trauma's happen. Not because the caregivers don't care because they literally do not have the time and energy to be able to service that many people at once.“ - Isabelle Guarino-Smith  “Caregiver, who's there who got into this industry because they genuinely.” -  Isabelle Guarino-Smith “You can literally change the caregiver's lives by providing them a quality opportunity to actually do the job that they want to do.” - Isabelle Guarino-Smith “ The risk over there is so much greater than it is in a smaller home.” - Isabelle Guarino-Smith “You really have to like lay it out and be super open and honest with her about what you can provide, the issues that her loved one might be facing.” -  Isabelle Guarino-Smith      Links Mentioned: Real Estate investor MBA Start Your Business Master's and MBA Journey Here | mba.com Residential Assisted Living Training - RALAcademy     About Isabelle Guarino-Smith Isabelle graduated from Arizona State University, a former flight attendant, Walt Disney World intern, and is now Residential Assisted Living Academy’s leading lady. She has been working as the COO of the company for the last 6 years, keeping everyone in line and on task. She's been featured in many magazines and articles on the topic of Senior Housing and most recently was given the title of one of the "Top Influencers in Senior Housing." Isabelle also won Aging Media's "the Future Leaders of Assisted Living" award in 2020, being 2 of 100's under 30 to make the list.
28 minutes | Sep 20, 2022
Episode 75: From Flipping and Wholesaling to 1900 Multifamily Units Valued over $200 Million with Jason Yarusi
Today’s guest’s method is a result of how he went from flipping and wholesaling to million-worth multifamily properties. A mixture of luck, hard work and timing all go into getting out of a market crash to where the real estate market is now. Jason Yarusi and his wife, Pili Yarusi, excelled in real estate and multi-family investment by starting to go to their neighbourhood places. Set yourselves up and listen as Jason explains his strategies for cutting expenses, finding the right property, and the intangible things investors don’t often consider but should start doing so! At this end, realize why people do their thing and to whom they are making time, so listen now! Remember, this is your MBA. Have a notepad handy, and get ready to take some notes! Key Points from This Episode: Jason shares how he and Pili, his wife, met. How did Jason get into real estate and come upon multi-family? Jason gets struck by the economic avenue that allows him to do more.   What is the goal Jason sets about not just buying a multi-family investment? Jason shares his reasons for using syndication. What action does Jason take for them to dissect property quickly? Jason talks about the changes he makes in terms of managerial issues and asset management.  Jason shares the two ways to create other ways to cut expenses. Why does Jason prefer commercial buildings? Jason talks about the intangible things that people don’t consider. Jason talks about how people trust him.  Tweetables: “ If you do things in a certain pattern, it doesn't limit what you can do. It gives you more opportunities to do what you want. ” – Jason Yarusi “They'll choose that they wanna stay and pay the increase or have more people come in because it will be a better experience compared to the other building that may just be pushing or rinse up and hasn't created a good place for them to live.” – Jason Yarusi “You have to understand where your mind is at.” —Jason Yarusi “You could be your own lead generation. You could be the due diligence. ” — Jason Yarusi “The simplest thing in anything in life is that show and if you're gonna say, I'm gonna do this, do what you say.” — Jason Yarusi Links Mentioned: Yarusi Holdings LLC About Jason Yarusi Jason is an active Real Estate Syndicator and Real Estate Investor. Jason with his wife Pili is the founding and managing members of Yarusi Holdings, a multifamily investment firm that has acquired over 1900 units valued at $180 Million since 2016. The firm repositions properties through operational efficiencies, moderate to extensive renovations, and complete rebranding. Jason also hosts The Multifamily Live Podcast a podcast that provides actionable content and tools to build and strengthen your multifamily business. Jason is the founder of the Multifamily Live Club with over 3,100 members that focuses on Real Estate Syndication and Multifamily Investing and trains others on the success formula for buying apartment buildings at www.7FigureMultifamily.com.   Jason has started and exited multiple businesses in the past 15 years. Beyond real estate Jason spends his time with his wife Pili and 3 young kiddos Luke Lily and Leo and is an avid crossfitter and now lives in Tennessee.
25 minutes | Sep 19, 2022
Episode 74: How Did Devin Elder Trade Money for Time While Locking his 5,000 Doors in Multifamily
Life is limited when you limit it yourself. People can get through places and journey through everything because, in the end, the sky's the limit. Devin Elder, our guest for today, started with every bit of step in real estate investment. He asked for help, did the infamous methods, and bought houses in his pocket.  Settle your thoughts, as Devin lets us build our future with every step we take. One thing about this episode is when he mentions the greatest lessons; even though he knows it would be a bad thing, he will do it again in the end.  Remember, this is your MBA. Have a notepad handy, and get ready to take some notes! Key Points from This Episode: Devin talks about how he has been a principal in over 5,000 doors of multi-family.  What are the first things Devin does when investing in multi-family? Devin shares how he built a management company after his bad experiences with third-party management. How does flying helicopters help Devin? How does Devin handle bad experiences? Devin mentions podcasts as his way to connect closer to people. What is Devin's highest value for the organization? What is Devin's philosophy when it comes to time? Devin talks about investor sentiment. Devin shares how his stuff is relationship driven. What are the criteria Devin asks for when looking for deal size?  Devin shares his relationship with the brokers.  Tweetables: “It's time for me to let them do their jobs, focus on being a visionary, and building the vision for the future of the company.” – Devin Elder “You're aiming for it, but it really doesn't exist. You're never gonna get to the horizon, but it is a helpful mechanism to aim at.” – Devin Elder “But where I kind of enjoy my time in the company is building the future.” – Devin Elder “So the vision, obviously the capital,  is a huge piece of it” — Devin Elder “We're just stewards of capital and time” — Devin Elder Links Mentioned: Apartment Educators DJE Texas Management Group | Real Estate Investments …  About Devin Elder Devin Elder is the sole owner of DJE Texas Management Group LLC (DJE), which manages all aspects of acquisition, repositioning, and disposition of single-family, land, development, and multifamily projects in Central Texas. DJE has successfully completed over 200 Real Estate renovation projects, with renovation budgets ranging from $10k to $3M+. Devin has been a Principal in over 5,000 units of multifamily. No investor capital has ever been lost on any DJE project. The DJE multifamily portfolio is managed by DJE Properties LLC, the company’s in-house property management firm. As of November 2021, DJE Properties manages 2,125 doors with an average occupancy of 95%. Prior to his Real Estate investing career, Devin earned a Bachelor of Business Administration from the University of Texas at San Antonio and enjoyed a near decade-long successful corporate career in Operations, IT, and Marketing roles at two of San Antonio’s largest employers, Rackspace and 3M. Mr. Elder is the host of The DJE Podcast, a weekly show interviewing the top Commercial Real Estate investment experts in the country, and is himself a regular expert guest on the top multifamily investment podcasts in the world. In 2020, Devin founded The DJE Foundation, a 501(c)(3) foundation, whose mission is to improve the lives of disadvantaged children. The non-profit supports the Heart of Texas orphanage in the Philippines, local Christian organizations, and numerous other causes. Mr. Elder is Co-Founder of ApartmentEducators.com, a consulting firm that teaches successful professionals how to invest in multifamily communities as passive investors and operators. Devin co-founded the Real Estate Brokerage Accelerated Commercial Real Estate in 2020 with his ApartmentEducators.com business partner to assist clients in sourcing and to close multifamily investments. Mr. Elder meets twice monthly with a private CEO advisory board and has a broad network of experienced and trusted advisors, attorneys, brokers, investors, and accountants that facilitate the continued success and growth of DJE. Devin has been married to his wife Amber since 2008. They reside in far North San Antonio with their three children. He enjoys family time, piloting planes & helicopters, playing golf, and spending time with his family at Eventide Ranch, the Elder family’s South Texas wild animal preserve, home to a variety of exotic animals, including Kudu, Springbok, Blackbuck, Barasignha, Scimitar Horned Oryx and a Zebra named “Pete”.
27 minutes | Sep 16, 2022
Episode 73: Taxes, Contracts, and Legality in Real Estate Investment and Asset Protection with Scott Royal Smith
The best way to help people is by giving them access to education. Scott Smith believes life is about financial freedom and coming to help people and build great stories. Pens are up and learn with Scott Smith on how he will improve venues for people to grow in real estate and have access to free education for everyone. One thing that will lift your motivation is to realize the possibility of making great deals and enjoying life. Remember, this is your MBA. Have a notepad handy, and get ready to take some notes! Key Points from This Episode: What is the most durable and predictable way to have financial freedom? Scott shares how he accidentally started Royal Legal Solutions. Scott talks about the process of how he does the real estate deal. What are the predictable best practices for real estate investors and business investors? Scott shares how to enjoy life and get more deals all at the same time. How to save on money taxes? Scott talks about estate planning. Scott explains the difference between running your active business and making deals on your estates. How did Scott adapt to new technology? Scott talks about the efficient and effective way to scale the asset.    Tweetables: “Don't lose your day job until you can afford to do it.“ - Tejas Gosai    “Let's bring in as many smart people as we can because we learn a lot from other people as well, too. ” - Scott Smith   “The new technology is to equip everybody with all of the best information and then let everybody self-select when they're ready to take action.” - Scott Smith “I think we're really the first company that's ever integrated tax legal estate planning and insurance, all inside of a one-stop shop” - Scott Smith   “My philosophy early on was saying that education should always be free and that should be our goal” - Scott Smith     Links Mentioned: Real Estate investor MBA Royal Legal Solutions: We Help Real Estate InvestorsScott Smith on LinkedIn      About Scott Smith Before founding Royal Legal Solutions, Scott Smith was an aggressive litigator battling major insurance companies. He knows first-hand the tactics that plaintiffs’ attorneys use to win lawsuits. He brings this knowledge to bear when setting up business structures to protect your assets.   They analyze your individual situation and put nuanced strategies into place that will not only protect your property to the greatest extent possible but also save you money in taxes and state fees. You don’t need to be a millionaire to benefit from the right system for acquiring property and protecting your assets. Their clients range from first-time investors to seasoned real estate investors with a broad portfolio of properties.
23 minutes | Sep 15, 2022
Episode 72: Sizing Up Acquisitions in Self Storage Business and Adding Up Square Footage
Many people are becoming more interested in self-storage—it is a niche business. Scott Lewis, our guest for today, explains how he sized up his acquisitions in the Self-Storage Industry and the real essence of adding up square footage.   Take risks and be motivated by Scott Lewis on how he will improve lives as part of their mission and improve personally and professionally as their vision. The best thing about today's episode is it will let you set your plans and boost you to do them so listen now!  Remember, this is your MBA. Have a notepad handy, and get ready to take some notes!Key Points from This Episode: Scott shares a lot about how he learns from tangential things. How did Scott adapt to being a leader? Scott talks about how the military helps him be in business today. What are the strategies to build your adaptivity? Scott shares that the financial aspects of the world are not at risk right now. What are his past successes? Scott talks about how they started Risk Mitigation. How does Scott talk about storage? Scott shares about the expansions and his contribution to some of their projects. How does technology help Scott’s business?  Tweetables:   “You gotta pick a strategy and you gotta kind of keep going with it .” - Scott Lewis   “Just because an operating environment changes doesn't mean you should throw out your strategy.“ - Scott Lewis    “Cause then you just don't do something. The hot war pops off, you can get outta control really, really fast. ” - Scott Lewis “So I personally don't think I'm one of those small waggly trees, but I mean, there's probably a big fish out there that probably see me as a small scraggly tree.” - Scott Lewis “And we're much better operators now than obviously we're where we were started.” - Scott Lewis “I think now is not one of those times where you wanna go out there and take risks. You wanna do what you know” - Scott Lewis     Links Mentioned: Scott Lewis on LinkedInSpartan Investment Group websiteReal Estate investor MBA About Scott LewisScott Lewis is the co-founder and Chief Executive Officer of Spartan Investment Group, LLC (SIG). As the CEO, Scott is responsible for the strategic direction of the company and ensuring it aligns with SIG’s mission to Improve Lives Through Real Estate. Prior to Spartan, Scott held positions as a regional sales manager for a biotech firm, various positions in strategic and project management for the federal government culminating at the GS 15 level, and was on active duty in the US Army as an Infantry Officer. In addition to Spartan, Scott is active in the US Army Reserves and an Iraqi Freedom combat Vet. Scott graduated from Michigan State University with degrees in Chemistry and Marketing, from Catholic University with an MS in Management, and from Georgetown University with a Certificate in Project Management.
22 minutes | Sep 14, 2022
Episode 71: Specific Changes in the Market Affecting Omar Khan’s Purchasing Criteria
Today, people will learn how to adapt to specific changes in the market that affect people’s criteria for purchasing. Omar Khan runs a company called Boardwalk Wealth. He excels in systemic operational excellence, born from deep local connections and psychological analysis. Be adaptive by how Omar Khan explains to us, detailedly, his financial analysis, his underwriting, and a lot of what he does to ensure he manages many financial aspects. Hope you enjoy this episode as much as we enjoyed recording it! Remember, this is your MBA. Have a notepad handy, and get ready to take some notes! Key Points from This Episode: Omar shares how his family inspired him to pursue real estate. What are Oman’s first projects in the industry? Omar tells us how people can build relationships and develop reputations by finding deals.  Omar talks about building financial aspects: How to outsource and get the right financing. What are the processes of outsourcing materials in terms of capital structures?  Omar shares how the development and professions cannot be great every month. Omar shares how and why he restricts his children from watching the news. Omar mentions how actions could lead to consequences. How does Omar define accredited investors? Omar talks about their asset management and operation and why it is their forte. Tweetables:   “Not every month is the greatest month of your life.” - Omar Khan   “You've gotta be consistent. You've gotta show up all the time.” - Omar Khan    “ If you are complaining about resources, you just have to be more resourceful.” – Tejas Gosai “You learn a lot just to the process of just observation.” - Omar Khan “You just deal on it, and you keep going, and things get better to keep going.” – Omar Khan      Links Mentioned: Real Estate investor MBA Boardwalk Wealth: Private Equity Firm | Passive Investments     About Omar Khan Omar has advised on $3.7 billion in capital financing and M&A transactions, as well as securing $50+ million in equity from private and institutional capital. He is a graduate from the Rotman School of Business (University of Toronto), and a CFA charter holder with 10+ years of investing experience across real estate and commodities. As the principal of Boardwalk Wealth, Omar is primarily responsible for developing strong relationships with private and institutional investors, brokers, and strategic partners. He has closed on over $250 million of assets across TX, GA, FL, and SD.
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