Global Investors: Investing in U.S. Real Estate

Former X Games medalist Dan Brisse didn’t just win medals — he built a $500M multifamily real estate portfolio. In this episode of the Global Investors Podcast, Dan shares how he transitioned from professional snowboarding to apartment investing, why most pro athletes go broke, and the three financial principles that changed his life. We break down: • How Dan survived 8 years of setbacks before hi...

Many new investors immediately raise rents after buying an apartment building. That’s a mistake. In this Strategy Saturday episode, we break down 5 practical ways to increase NOI in the first 90 days after buying a multifamily property, without aggressively raising rent. If you’ve just acquired an apartment complex, your first priority should be cash flow stabilization, not rent hikes that damage...

In this episode of the Global Investors Podcast, Chase Calhoun shares why he pivoted from messy value-add rehabs to scalable ground-up build-to-rent development and how that shift helped him grow to 75+ residential units in Central Arkansas. We discuss: • Why heavy rehabs can destroy your returns • The biggest construction budgeting mistakes investors make • How build-to-rent creates cleaner scala...

Gross Rent Multiplier (GRM) is one of the most commonly used metrics in real estate investing but it’s also one of the most misunderstood. In this Strategy Saturday episode, Charles Carillo breaks down what the Gross Rent Multiplier is, how investors actually use it, and why most investors misuse it when analyzing rental properties. GRM is a fast, back-of-the-napkin screening tool that can help yo...

In this episode of the Global Investors Podcast, host Charles Carillo sits down with Sam Morris, Partner at Lone Star Capital, to break down what it actually takes to operate large-scale multifamily investments. Sam shares how he went from underwriting over $1B in bank loans to overseeing a 5,300+ unit apartment portfolio, including the hard lessons learned from disasters, insurance claims, proper...

In this Strategy Saturday episode, Charles Carillo breaks down how investors can identify deferred maintenance during property walkthroughs before going under contract. You’ll learn how to spot hidden repair issues, what major systems to inspect first, and how to budget correctly for potential problems during multifamily due diligence. This episode focuses on practical, real-world walkthrough insi...

In this episode of the Global Investors Podcast, host Charles Carillo sits down with Brandon Cobb, founder of HBG Capital, to break down how land entitlements unlock value long before a shovel hits the ground. Brandon explains how developers profit by: Securing zoning and density approvals Entitling land for residential development Selling ready-to-build land to national home builders Reducing ris...

Interest rates don’t just change mortgage payments, they change how apartment buildings are valued. In this Strategy Saturday (SS266) episode, Charles Carillo breaks down why higher interest rates are driving apartment values down and how rising rates reset investor expectations, cap rates, buying power, and cash flow across the multifamily market. Most multifamily properties are highly leveraged,...

In this episode of the Global Investors Podcast, Charles Carillo sits down with Ray Heimann, founder of Terra Capital, to break down the sub-institutional multifamily strategy — a segment of the market that’s too small for large private equity firms but often too complex for mom-and-pop operators. Ray explains how his team targets sub-50 to sub-200 unit properties, sources deals direct-to-seller,...

Most investors try to increase NOI by cutting expenses and end up hurting tenant retention, cash flow, and long-term property value. In this Strategy Saturday episode, Charles Carillo breaks down how to increase NOI without raising rent by focusing on smart, strategic cost cutting in multifamily real estate. You’ll learn why most value-add plans fail, which expenses are dangerous to cut, and where...

In this episode of the Global Investors Podcast, Charles Carillo sits down with Saurabh Shah, PropTech entrepreneur and co-founder of InstaLend, to break down how asset-based lending is changing the way real estate investors finance deals in today’s market. Saurabh brings a rare perspective—combining Wall Street experience in investment banking and private equity with hands-on real estate investin...

Cap rates are one of the most commonly used metrics in real estate investing but also one of the most misunderstood. In this episode of Strategy Saturday, Charles Carillo breaks down: • What cap rates actually measure • Why cap rates ignore financing, growth, and risk • The biggest mistakes investors make when relying on cap rates • What smart investors use instead of cap rates • How to properly a...

In this episode of the Global Investors Podcast, Manish Pushye shares how investing in small retail plazas became a core part of his long-term wealth strategy. From using real estate as an insurance policy against business risk to explaining why triple-net strip centers offer stable cash flow and flexibility, this conversation breaks down the mindset, structures, and lessons entrepreneurs need to...

Most real estate investors focus on rent increases, but the hidden metric that drives apartment profits is tenant renewal rate. In this Strategy Saturday episode, Charles Carillo breaks down what tenant renewal rate is, how to calculate it, and why tenant retention often matters more than raising rents. With the average U.S. apartment renewal rate sitting around 54%, tenant turnover is quietly cos...

Mortgage note investing is becoming one of the most powerful alternatives to rental properties in today’s inflationary market. In this episode of the Global Investors Podcast, Eddie Speed explains why being the bank can be more profitable than being a landlord. With rising interest rates, shrinking rental cash flow, and negative leverage hitting real estate investors, traditional rental strategies...

What is a surety bond in real estate, and why is it NOT insurance? Most people misunderstand how surety bonds actually work and that confusion can lead to costly mistakes in real estate deals. In this video, we break down surety bonds in real estate in simple terms. You’ll learn how surety bonds work, who they protect, and why they’re required for real estate developers, property managers, and lic...

In GI339 of the Global Investors Podcast, host Charles Carillo sits down with Nic DeAngelo, CEO of Saint Investment Group, to break down mortgage note investing, non-performing loans (NPLs), and how investors can generate consistent passive income through real estate debt. In this episode, you’ll learn: • What mortgage note investing is and how it works • Why non-performing loans offer unique down...

In this Strategy Saturday episode, Charles Carillo breaks down the 5-step value add multifamily process used to increase apartment NOI and transform underperforming apartment complexes into higher-value assets. Value add apartment investing is not just about renovating units and raising rents. True value is created by improving operations, fixing deferred maintenance, stabilizing tenant relationsh...

In this episode of the Global Investors Podcast, host Charles Carillo speaks with Luke Leins, SVP of Business Development at ResProp Management, about what truly drives success—or failure—in apartment property management. Drawing from experience managing over 23,000 multifamily units, Luke explains why property management is one of the most overlooked yet most critical drivers of NOI. The discussi...

Why are millennials and Gen Z choosing rent over homeownership—and why is this shift reshaping the U.S. housing market? For decades, owning a home was considered the American Dream. Today, that narrative is changing. Younger generations are delaying or completely bypassing homeownership, not because they’ve failed—but because the math, lifestyle, and priorities have changed. In this Strategy Satur...

Real Estate Investing for Beginners with Marco Pfeiffer is a deep-dive masterclass into how an everyday W2 earner can build a profitable rental portfolio, scale across multiple states, and eventually achieve financial independence through smart, long-term real estate investing. Marco shares his complete journey, from immigrating to the U.S. with no network and working his way up to CFO, to losing...

What is RUBS in real estate, and how does the Ratio Utility Billing System actually work in multifamily properties? In this video, we break down RUBS utilities explained in simple terms and show how landlords split utilities when a property is not submetered. If you invest in rental property utilities, multifamily property management, or real estate operating expenses, understanding RUBS is essent...

If you’ve ever wondered why mobile home real estate outperforms traditional rentals, this conversation will change how you think about affordable housing. In today’s episode, Jack Martin, co-founder and CIO of 52TEN, breaks down the true economics behind mobile home parks, why tenant-owned homes create unmatched stability, and how institutional capital is reshaping this niche asset class. Jack man...

If you’re flipping houses or trying to fund your next real estate project, hard money loans can give you access to fast capital without relying on your credit score, tax returns, or bank approval. In this video, we break down exactly how hard money loans work, why flippers use them, and the step-by-step process of getting approved. You’ll learn how asset-based underwriting works, how private lende...

In this episode, Chad Ackerman breaks down how he went from a 25+ year W2 career to building financial freedom through passive real estate investing. After years of chasing single-family flips, rentals, and wholesale deals, he discovered the power of becoming a limited partner in commercial real estate—and everything changed. Chad shares how he built multiple income streams, liquidated his 401(k),...