Accelerated Real Estate Investor

Inflation. It feels like it's out of control, and there's no escaping it in this news cycle. The reality is that the Fed would likely prefer to have a recession than runaway inflation, and we're in danger of having an overheated economy. So, what does this mean for real estate investors? To help answer this question, it's my pleasure to be joined by Daren Blomquist, VP of Market Economics at Aucti...

There’s no way around it: inflation means costs are up. Insurance and construction are more expensive. When your taxes get reassessed, they’re higher. You’re paying out higher wages and payroll. It can hurt. On the flipside, there’s higher rents to help you offset your costs, as well as a number of things you can do to protect yourself in these markets. So, what do you need to do? To get you the a...

Anyone who has ever worked on a renovation project knows that everything doesn’t always go according to plan. So, how do you handle the draws when you have a large value-add CapEx program and a loan with a bank or lender with construction draw money?  How do you prove to your bank that your draws are accurate, you’ve done everything right, but your actual plan doesn’t exactly align with your origi...

For many real estate investors, it makes sense to invest in your own backyard. For others, passive real estate investing through syndications in another country makes even more sense, with more profit. In this episode, I’m joined by Ava Benesocky and August Biniaz, Co-Founders of CPI Capital. Ava and August launched their company years ago with the intention to be an owner/operator, but they’ve si...

Growth isn't easy when you're building a company worth $200 million. It's hard to have a clear hierarchy of what everyone is doing and how they're doing it.  For example, our portfolio will soon have about 3,000 units. We have at least 25 in-house staff as property managers and leasing agents. We also have 25 out-of-house to handle repairs and maintenance, 80 people on our CapEx crews, and a small...

No one can deny that we’re living in uncertain times. There’s political unrest all over the world, rampant inflation, and countless problems in our supply chains. As real estate investors, all these factors play a role in your deals, whether they influence your purchase price or if the appliances your tenants need are going to arrive now or in 6 months. However, as you’ll learn today, even if you...

I wanted to jump on real quick to give an update on a property we purchased last year with some really exciting numbers and progress we’ve made. We’ll see what happens with interest rates, but these renovations could push the value by tens of millions of dollars in a few years.  In April 2021, we bought and closed on Waterford Grove, a 552 unit property in Houston, Texas, with a purchase price of...

Even with interest rates going up and the economy seeming to be tapped out, we’re still bullish on housing–especially apartments, multifamily, and build-to-rent communities. These properties are proving to be great investments, especially for first deals, and you’re all but guaranteed to find renters for years to come. For this conversation, I’m excited to be talking with Sam Bates. Sam is the CEO...

Even in uncertain economic times like the ones we’re living in, people will always pay for three things: food, clothing, and shelter. What does this mean for you? It’s simple: right now, multifamily real estate is still one of the safest assets you can invest in. Today’s guest, Greg Lyons, knows this as well as anyone. He and his brother are licensed capital raisers through their company, Cityside...

In this episode, I want to share some very simple steps that you can use to build a brand to help you raise capital and acquire more assets as quickly as possible. Ultimately, I want to help answer the question: What does it take to build a brand so that clients are always ready to do business with you? We recently had a webinar with the goal of raising $5.4M for a new multifamily syndication. And...

If you’re looking to grow from residential to commercial (or residential to multifamily), don’t have an expensive education (or don’t use yours), and want to have amazing success, today’s conversation is for you. My guest is Spencer Gray. He’s the president of Gray Capital, where he leads and develops investment strategy, performance, due diligence, and underwriting for their multifamily portfolio...

For real estate investors with a proven track record, if you know you’re qualified to do a deal, there’s nothing more annoying than when a broker asks you to fill out a buyer questionnaire. Though it ostensibly helps the seller determine who they want to “award” a deal to when there are multiple competing offers, it’s hard not to feel like they’re a waste of your time–especially when you know you’...

There’s a ton of action in multifamily housing and apartments right now–and it’s creating a lot of exciting opportunities and business models for investors at every level. Today’s guest, Stephanie Walter, has a proven track record of creating legacy wealth with passive real estate investing. After she retired from the insurance industry and sold her business, she became the CEO of Erbe Wealth to f...

I've got a really great episode for you today. For anyone interested in learning about what the economic outlook is for apartment rentals in the US, I've got you covered. I recently listened to a webcast with Hessam Nadji, the CEO of Marcus & Millichap , who was joined by the former Secretary of the United States Treasury, Hank Paulson. The other guest speakers were the President and CEO of TruAme...

Even if you’re really, really good at it, residential real estate is a rat race. Whether you rent single-family homes or you’re fixing them up and flipping them, you’re participating in a transactional business–and one that can get exhausting. Today’s guest, Chad King, knows this well. He’s closed over 450 wholesale fix-and-flip properties and did 168 residential deals in 2019 alone. This experien...

Lately, I’ve realized that we all have the power to decide exactly what our lives will be. There are more free tools and resources to empower you to succeed than ever before. In some ways, schooling and college degrees have become completely outdated.  I believe that anyone can transform their life–financial and otherwise–in less than a year. You don’t need supportive parents or a head start to do...

As you get ready to do any deal, you’re probably asking a number of questions: how should it be structured? How can I raise the money, and what do I do with it once it’s in the fund? Today’s guest, Kenneth Gee, has answered these questions many times. As the founder and CEO of KRI partners, he creates wealth with investors through multifamily real estate. He’s bought and sold thousands of units, a...

In this episode, I want to share a great strategy to get your CapEx team rolling and get those vacant units filled quickly. For context, we recently purchased the Forest Ridge Apartments–a 220 unit development on Chevrolet Boulevard in Parma, Ohio.  This building had 39 units being turned over by our capital improvements team, which updated the flooring, kitchens, hardware, bathrooms, paint, and m...

Once you’ve done the deal and purchased the property, that doesn’t mean your work is done. Your 20, 50, or 80-unit building may be new to you, but it’s likely distressed.  If your new property hasn’t been updated in many years, then it’s time to build a game plan to meet your goals, maximize your profits, and ensure your tenants have great, safe places to live in. That’s why I’m excited to share t...

At the end of the day, what really matters to me isn’t the money–it’s whether or not I enjoy what I do.  When I put my head down on the pillow at the end of the day, I want to be able to say, “Man, I had fun.” Whether I was evaluating deals, going to lunch with a client, recruiting capital, coaching with my kids, working out, that’s what keeps me going.  In 2022, after sprinting and focusing on lo...

The world of self storage has changed a lot in the last 15 years. Since 2008, investors have had incredible opportunities to turn around underperforming mom-and-pop businesses or convert unused property into more of this in-demand asset class. And nobody knows this better than today’s guest, AJ Osborne. Since we last spoke in July of 2020, AJ has become one of the world’s top 70 self-storage opera...

When you're building a company and creating a culture, I think it's essential that we understand that nobody is more important than anyone else. Everyone on your team is a key component to your success, and whenever you get to roll up your sleeves and get your hands dirty, it's a great reminder of the roles that everyone has in that success. There's also a huge difference between doing the bare mi...

Stewart Beal has been an entrepreneur since he was 13 years old. When he was 19, he already had a 6-figure exit from a landscaping business. At which point, Stewart founded Beal Properties, LLC and has since founded 20 other companies in the real estate and construction industry. Stewart isn't just a serial entrepreneur–he's a very relatable guy who happens to manage 500 units of residential, mult...

If you've been a real estate investor for any length of time, you probably know that every deal doesn't always go according to plan. Problems can arise at any point in the process, but with the right team and the proper mindset, you'll find a way out to make it work and get the deal done. And that’s what today’s episode is all about. In November of last year, we bought and closed a 50 unit propert...

From humble beginnings to thriving in one of the hottest markets in the country, Camilla Jeffs is not just a multifamily real estate investor; she is literally building neighborhoods. As you'll see in this interview, if you have the right strategy, with the right team and resources, you can provide an invaluable service to countless people while living life on your terms. Camilla has been a real e...