Accelerated Real Estate Investor

Today, I’m breaking down a 52 unit deal we recently purchased on the Gold Coast of Cleveland.  We purchased it for $2.7M (total cost is $3M with the wholesale fee) and after it’s renovated it’s projected to have a stabilized value of $5.2M! Here’s where things get exciting: Once the renovations are complete, we’ll refinance at 75% LVR and be able to pull out $500k of tax-free refinance proceeds. A...

One of the biggest misconceptions about real estate for first-time investors is that you have to come up with the money yourself, and you have to operate within the bank's terms.  If interest rates go up, too bad. If the economy crashes, that’s on you. If a deal goes awry, you’re the one who’s liable.  Today’s guest, Chris Prefontaine, knows that’s not really the truth—that’s just what we’ve been...

As I was taking my daughter to school today for her first day in 6th grade, I couldn’t help but think about the differences between where my family was financially when I was her age compared to where we are now. There are a lot of similarities but there are some pretty stark differences as well. This is what inspired me to jump on the mic and share this story with you today. To tell the story, yo...

Everyone wants to invest in real estate, but few are willing to put in the work to make it happen.  When it comes to multifamily investing, starting out can certainly be a grind, but if you want to find a good deal, you have to be willing to do what others won’t.  This is something that today’s podcast guest knows all too well. When James Kandasamy first started his multifamily journey, he went to...

Ok, you’ve made up your mind and you’re prepared to jump into multifamily real estate. You want to buy something, but where do you start? What steps need to be taken in order to actually make an offer and secure a deal?  In this episode of the podcast, I’ll be walking you through what many investors call “The Process.” You’ll learn the framework I use, from gathering all the necessary info from br...

For those who want to invest in real estate, but don't want the responsibility of managing and owning a property OR may not have the capital to invest in bigger deals, syndications are a great investment vehicle. And that’s something we’ve talked a lot about on this show.  But how do you know which syndication is going to serve you best?  Today’s guest, Spencer Hilligoss, is CEO and Co-Founder of...

In today’s episode, I wanted to share some ways that you can optimize your capital improvements. As I was thinking about some of the challenges we’re facing right now when turning over units with my own business, I thought it would be a great idea to record this solocast because if they’re challenges for us, they’re probably a challenge for you as well.  When you’re involved in multiple projects a...

In the world of multifamily real estate, dealing with third party management companies can be a big headache. If you were to ask Feras Moussa, he would tell you that “In a lot of ways, management is the worst business in the world, but it’s a necessary evil.”  Some might find it surprising to hear that creating his own property management company was the right move for his business, but he has no...

One of the most overlooked real estate investments has to be mobile home parks. But Frank Rolfe has a very different outlook about these properties and has carved out an incredible real estate portfolio to become a legendary mobile home park investor. His very first purchase was over 20 years ago, and now he’s the 5th largest owner of mobile parks in the US! With his partner Dave Reynolds, they no...

W hat should you do if the tax rules change and you’re forced to pay capital gains on a property you sell?  Many of you have probably heard that there’s a possibility that the 1031 exchange will be eliminated by the Biden administration. This is a BIG deal for real estate investors who use this strategy to avoid paying capital gains by rolling them into the next deal.  In the event that the rules...

In my latest podcast interview, I’m speaking with Daren Blomquist. Daren is the Vice President of Market Economics at Auction.com — the nation’s largest online real estate transaction marketplace focused exclusively on the sale of bank-owned and foreclosure properties.  His job is to mine real estate data for key insights and trends to help businesses and consumers make better decisions.  On this...

I’m about to make an offer on an $18M property, and today, I want to walk you through my step-by-step process for evaluating the deal — and how I plan to increase the property value to a whopping $27M!   This 360-unit building was built in the 1960’s and has been owned by the same person for the past 10 years. The blended rents are on average $640/month and it’s driving $2.6M per year in gross inc...

Today, I’m talking with award-winning real estate entrepreneur and personal growth thought leader, Tyler Chesser.  Tyler is the Co-Founder and Managing Partner of CF Capital — a national real estate investment firm that focuses on acquiring and operating multifamily assets. His team leverages its expertise in acquisitions and management to provide investors with superior risk-adjusted returns, whi...

Are you looking for a passive way to invest your hard-earned money? Well, today’s guest, Vanessa Peters, has a unique real estate investing strategy that you won’t want to miss! In this episode, we’re talking all about investing in entitlements — the process of turning raw land into a "shovel-ready" state. This adds value to the land and can lead to BIG returns! “ Ok Josh, but wouldn’t the builder...

Today, I’m talking with Barry Flavin. Barry has been investing in Real Estate for over 8 years and currently owns 1000+ units.  Prior to pursuing real estate, he was working 40 hrs per week as an Air Traffic Controller. It was a good job, but he got tired and frustrated with the “working to live” mentality.  He wanted more out of life; more income, more time, more freedom. He wanted to live a life...

Dave Foster is the Founder of The 1031 Investor — an online resource that’s helped thousands of investors buy more real estate and avoid paying taxes on the profits, by leveraging the tax deferral strategy known as the 1031 exchange.  Rolling your gains into another real estate investment can be intimidating at first, but when you understand the rules and regulations, this under-utilized tax provi...

In this episode, I’m sharing a case study for one of our most recent properties, “54 Niles” — a 54 unit apartment building that we bought off-market for $2.43M, and could now sell for over $4M in less than a year! The seller originally bought the building for $1.2M in July 2020 and only 6 months later, our commercial broker brought it to us with an asking price of $3M. Find out how we negotiated a...

Today, I’m speaking with Chris Grenzig. Chris began his real estate investing journey in 2016 by attempting to flip houses on Long Island NY, but ultimately failed to flip a single property despite spending tens of thousands of dollars and several months trying. Instead of giving up, he shifted his focus to multifamily real estate and started by investing passively in an 8-unit property, then join...

I get a lot of questions about what it’s like to run a large multifamily business — especially when it involves capital improvements, property management, acquisitions, raising capital, and more! As a way to bridge the gap and to show you what’s involved, I thought it may be helpful to create a semi-regular real estate report that outlines the various projects we’re working on, from our smallest p...

There’s A LOT that goes into a multi-family deal from concept to close — which is why so many real estate investors decide to work with a general contractor. But be warned, not all general contractors are created equal, and choosing the right one can be the difference between your project going good or bad. So, how do you find a reliable team that will get the job done properly? That’s what today’...

What would you do if your life was completely overturned? Would you be prepared for it? Today I talk with Jeff Holst about when his life was in complete disarray, and how investing in real estate got him back on track AND bought back some time.

The management structure you set up for your multifamily properties can be the difference between handling all the day-to-day issues of property management or really focusing on finding more deals and capital investments. Today I talk you through several of the differences between in-house management and third-party management. You can examine them and decide if hiring a third-party management com...

Smaller multifamily deals can be a great starting point to invest in real estate, as well as a great side-hustle. Today Ed Lowell talks about his great success investing in smaller, multifamily real estate on the side of his regular 9 to 5 job.

These are truly unusual times in the real estate investing world. The available inventory to invest in is at an all-time low. Today I talk about one specific property that we decided to sell. I cover how we invested, flipped, and sold this property for a great profit.

Do you want to look into multi-family real estate investing but aren’t sure if it’s the right time? Do you have a few multi-family investments but want to scale up? Today Gino Barbaro shares his tips that took him from being a pizza guy to being a successful multi-family real estate investor.