Multifamily Legacy Podcast

What three basic steps should you take to win and be successful in this new COVID-19 environment and where we're at economically? Today, I'm talking about what you need to do right now to set yourself up to make multifamily legacy wealth for sexy cashflow and a crazy good life. Topics on Today's Episode: Student, Teacher, Coach, and Mentor: Never quit, always be learning Step 1: Build relationship...

After months of sitting at home with bad haircuts, relief is on the way from COVID-19. Places are slowly starting to come back to life. There couldn't be a better time to get in the multifamily real estate industry. Today, I'm talking to Michael Becker, principal at Strategic Property Investment (SPI) Advisory LLC. He derives stakeholder value through multifamily-focused hands-on asset management...

Everything's fine, everything's right—until something goes wrong. Are your assets well protected? Is everything set up and structured properly? The first line of defense is always insurance. Today, I'm talking to Mauricio Rauld, a real estate syndication attorney. Two common themes due to the COVID-19 crisis are people wanting to put together opportunity funds to acquire new assets and then protec...

Everyone has to start somewhere, and real estate is an incredible journey. Who do you know that I should know? Today, I'm talking to Jens Nielsen, who didn't start in real estate until he was a middle-aged man. It's never too late, simply ask for help and guidance. What's the worst that could happen? Topics on Today's Episode: Financial Freedom: Buy four-plex properties with capital to create cash...

Getting stir crazy due to the COVID-19 crisis? The sooner we can get back to work, the better. About all you can control during this difficult time is your attitude. Stay positive. Today, I'm talking about three mistakes that you must avoid in the multifamily space. There is no 'Easy' button. Doing the right thing involves communication, compassion, and community. Topics on Today's Episode: Mistak...

Still locked in your house because of the COVID-19 crisis and watching real estate unfold? Were you among those who predicted this downturn? Today, I'm talking to Kathy Fettke, co-CEO of Real Wealth Network and best-selling author of Retire Rich with Rentals . Also, Kathy hosts two podcasts, The Real Wealth Show and Real Estate News Podcast . Topics on Today's Episode: Black Swan Event: Experience...

Let's talk about the other side of pain. How are you using this time and space during the COVID-19 craziness? There's still a lot of hope and opportunities—some more deals down the road.   Today, I'm talking to Ramon Gonzalez of Summit Home Buyers and Both On Board Podcast about how we can make a difference by serving others. If your only calling is to make money for yourself—money is fleeting. Th...

The crazy chaos of COVID-19 continues. Despite gloom and doom during fearful and uncertain times, opportunities arise to make millionaires.   Today, I'm talking to Dan Handford from Passive Investing. He describes what to expect the future to look like in the multifamily space. Topics on Today's Episode: COVID-19: Impacts assets and effects unemployment claims, loan rates Ups and Downs: Divorces,...

Everyone is struggling with the isolation and stress of an unknown future due to the COVID-19 pandemic. You're not alone. Constant communication is crucial between owners, operators, tenants, vendors, and investors in the multifamily space.    Today, I'm talking to Nitzan Mosery of Cornerstone Investment Partners, Maureen Miles of 4M Capital Real Estate Investments, and Mike Flaherty of L5 Investm...

When you wake up in the morning, how are you going to make multifamily apartment investing work? How are you going to make money? How are you going to make that money repeatedly?  Today, I'm talking about why multifamily apartment investing is not only the best, but the only game to play to win. My passion for passive income came from apartment life. The problem with most people is that they're ju...

Hungry and eager to get your first deal after attending my Kahuna Boardroom? Believe in yourself. You know you're going to make it work because you have to make it work.  Today, I'm talking to David Rosenbaum, one of two Kahuna Boardroom students who did their first deal together and shares how it all went by breaking it down.  Topics on Today's Episode: Boardrooms: Guarded because you never know...

What's your management company not telling you? They don't care two cents about you, but they do care about their money. When you hire people and pay them well, they still never care as much as you do.  How do you get them to care? Walk slowly, carry a big stick, and smile to let them know you're in charge. Management companies should carry out your dreams, goals, wishes, and plans.  Topics on Tod...

Listen up. By sharing all my mistakes, success, and failures, there are enough clues to pick up on that provide a clear path for you. There are three things that you should pay attention to when it comes to deals in a competitive market. You need to have a performance clause in your contracts, make sure management company codes your CapEx correctly, and be conservative with underwriting.  Topics o...

Can you imagine walking away from being a teacher and making a regular paycheck to work with your husband or wife? Talk about a deal breaker, but not for some couples in the multifamily space—like us, Corey and Shelley Peterson.  Today's guests are Roman and Christy Gonzalez of Summit Home Buyers. They host the Both On Board Podcast, which focuses on their journey of co-creating a lifestyle and bu...

Have you ever considered stepping away from your corporate cubicle and trying something different? Tired of working on the same product or different variations of it every year? Being an engineer can be boring. After all, it's not rocket science.  Today's guest is James Kandasamy, who worked as an engineer and spent 22 years in the corporate business world. He took a giant leap to try something di...

How and where can you unlock money that you never knew you could use to invest in real estate? Enhanced Qualified Retirement Plan (eQRP). Today's guest is Damion Lupo, author of The QRP Book . He's invested in real estate for 20 years and owned more than 50 businesses. Damion knows a thing or two, or just about everything when it comes to raising private and making passive money.  Topics on Today'...

Can you imagine never having a boss? It's a dream come true for most us. Creating passive cash flow does take a lot of patience. Once you get there, it doesn't stop. Never ask people for money. Only ask, who do they know?  Today's guest is Josh Cantwell, a strategic real estate coach and Accelerated Investor podcast host. He talks about how to reap the benefits of raising money, deploying money, a...

Real estate is a journey. In the first episode of the Multifamily Legacy Podcast, I shared my journey into the multifamily space. For the 100th episode, someone else's rags-to-riches story is featured.  Today's guest is Will Harvey of CEO Capital Partners. He came from the lending world, got into a bit of trouble, but the lessons learned from substance abuse led to success.    Topics on Today's Ep...

Going from more than 1,500 passive investments to actively closing more than 170 units and a goal to reach 50 million assets under management in the next year—that's just the tip of the iceberg.   Today's guest is Gary Lipsky, CEO and founder of Break of Day Capital. Knowing how to manage people, having a steady hand, and being a solutions-oriented person led him to the multifamily space.  Topics...

What are you thankful for? I'm thankful for many things, especially knowing how to fail. Failing is never fun, but failing is part of learning and shapes you. Nobody's perfect. You're human. What do you learn more from, your success or failures?   Out of all the things someone could do in life, I'm convinced that multifamily deals are the true way to success. It's what I know and understand. I wou...

Every year in the United States, we observe Nov. 11 as Veterans Day to honor those who have served in the U.S. Armed Forces. Rather than spending your signing bonus on a Harley, Charger, or Mustang upon your return, spend your well-deserved chunk of money by buying a home.   Today, I'm talking to Phil Capron, U.S. Navy veteran who served as a Naval Special Warfare Combatant Craft Crewman (SWCC). H...

Despite humble beginnings, being raised by a single mother, growing up in Section 8 housing, receiving government assistance through food stamps, and avoiding illegal activity, selling Kool-Aid and Pokémon cards sparked a child's entrepreneurial spirit. Today, I'm talking to Sterling White, a rental property investor who now owns more than $26 million in assets, 600 units, and consistently contrib...

Forestwood Apartments in Slidell, LA, is an amazing property that I purchased. It generated cash flow from the beginning without a lot of work. Terry, the property manager, never went below 97% occupancy for three years. He knew every tenant's name and got along with them. Then, citing the need for less stress, Terry resigned. Today, I'm talking about the real stuff of multifamily investing. What...

How do you source deals to grow your multifamily business to own 6,000 units in just six years? It's all about relationships!  I'm talking to Michael Becker, principal at Strategic Property Investment (SPI) Advisory. He handles all aspects of property operations, from accounting and asset management to capital improvement/renovation projects and taxation. Topics on Today's Episode: Borrower vs. Le...

Today is the day. If you're a business owner, you shouldn't be washing the dishes. Take a chance to add doors in the multifamily space.  I'm talking to Jake Stenziano and Gino Barbaro, a.k.a. the pizza guy and drug representative, who came together to create a multifamily real estate investment business that continues to grow and generate cash flow. Welcome to the show, Jake and Gino! Topics on To...