Living Well with Rentwell

In 2009, Joe Colosuonno bought his first property, a garden-style, 60-year-old, 31-unit apartment building located in a rough area. 12 years later, they have doubled the rent and tenancy is great with a turnover rate of less than 20%. The area is now up and coming with an event center and an arena being built currently. They have also entered into managing and owning about 425 units including some...

What have you done to invest in yourself so far? If you’re not a firm believer of self-education and accountability, then this episode is for you! Drew Farnese is the CEO of Revamp 365. In the real estate investing space for eight years now, like many others who started on this path, Drew wanted to do more and be more so he could provide for his family. He started down the path of self-education a...

One of the most important relationships in real estate investing is that with a contractor. And we all know how finding a great investor-contractor relationship is really difficult. While a contractor wants to have a higher budget so they can earn more, an investor wants a lower budget because they're tight on the numbers. That’s where most disputes happen. In today’s conversation, Rich O’Neill, F...

Most property owners only think of insurance as something that protects their assets. But there have been so many changes in the insurance space that property owners should be aware of. You could be sued because someone slipped on your property, and lo and behold, you end up paying out of pocket just because you failed to get your property insured or you didn’t get the right coverage. In today’s c...

Learn the art of dealmaking and high-level negotiations. Today’s guest, real estate investor Steve Seymour, shares valuable insights into how you can create win-win deals centered around the seller’s goals. Steve first got into the real estate world as a realtor.  He then immersed himself into the investing world by meeting other investors and seeing how they were creating wealth and living t...

Investing in a property or business requires an investment of your time, money, and effort. And so, how do those three come into play? In this episode, real estate investor and entrepreneur, Brian Beers, shares FOUR things that you need to be looking at when analyzing your investments. Now, when it comes to the realm of property management, Brian believes you’ve got to have control over it at the...

Having a property manager to handle your properties doesn’t mean your work stops there. Passive income doesn’t mean just waiting for a check because there is no such thing as mailbox money. Even though they're handling the day-to-day operations, you still want to be on top of it. Today’s guest, real estate investor, Ken Naim, shares some things you should know about before hiring a property manage...

Everybody's looking for good deals – and there's money on the sidelines. You just have to know where to find them. One of the best deals you can find are those that are off market. But how do you find them? In today’s conversation, real estate investor Dan Austin shares valuable insights into buying off-market properties and looking at renovation through the lens of capital expense. After leaving...

Ready to invest? If you’re wondering which is better – limited partnership or general partnership – perhaps the best way to answer that depends on which actually suits your goal,  lifestyle, personality, or preference. But why not do both? In this episode, Bernard Pierson, managing partner at a multifamily real estate firm, Equiti Partners, walks us through what it’s like to be a limited part...

Ready to invest in a rental property? Whether you’re looking to invest individually or you’re looking for a partner to invest with, the key to a successful real estate portfolio is to do things long-term. House hacking might still be the best strategy for beginners dipping their feet into the world of real estate. But what should you do when you want to scale from 1 to 100? Joining this conversati...

One of the biggest things when it comes to property management is how to optimize utility consumption. Unfortunately, a lot of old buildings lack efficiency in terms of insulation, windows, mechanical systems, and plumbing systems because people weren’t really thinking about utilities and energy consumption 25 years ago, much less for 100-year-old buildings. No matter how old your property is, the...

If you still haven’t dipped your toes into the world of syndication, then this episode is just for you! Today, Timothy Kelly of Active Duty Passive Income talks about his journey from the military to multifamily. After spending over 15 years in the U.S. Navy, Tim wanted more control of his own wealth and financial future. After some thorough self-education through books and podcasts, as well as in...

April Crossley had her son at 16 years old so she had to do what she had to do as a full-time mom, a full-time student, and a part-time employee. Relying on food stamps to pay for groceries, she learned how to become resilient at an early age and work her way out of poverty. In 2004, she bought her first property and got so obsessed with real estate that she dropped out of her master's program so...

21-year-old Nathan Krauthamer got kicked off campus. He had no choice but to rent off-campus, but he later figured out a better way – house hacking. He bought his first house which he rented out to three other roommates. 21 years later, Nathan is taking down warehouses and converting them into new spaces. His current project is a 50-unit warehouse in Philadelphia that will soon become 50 creative...

Finding a town to invest in can be tricky. Would you rather buy cash flow in places that won't ever appreciate? Why not buy one that does both where you can have your cake and eat it too? Being in the real estate investment space for 22 years now,  Anil Dham shares some gold nuggets of insights when it comes to investing in a town. Find out the things you need to be looking for before you eve...

There is a famous quote that says you make your money when you buy real estate, and that's true, for the most part. But you can't keep that money and grow it, unless you have exceptional property management skills. Living Well with Rentwell is for anybody who owns real estate and wants to learn how to manage their properties or manage their property manager. Each week Rob and TJ share their insigh...