Multifamily Legacy Podcast

This is the last one in the Six Pillars to Profits series. Pillar 6 is the Secrets to Being a Great Operator. How can you make phat money in deals to get some paydays? I'm going to give you some of my successful secret tips and tricks. If you do these things, you can get a lot of juice that's worth the squeeze! Topics on Today's Episode : Operations is where you go to make money; don't manage your...

Sometimes, it only takes one deal to become super wealthy in the multifamily space. Today, we're talking about Pillar 5 - The Secrets to Getting Your Deals Accepted, part of the Six Pillars to Profits series. How can you masterfully try to get your deals accepted? I share tips and tricks to get brokers to believe in your deals. I'm teaching you how to make sexy cashflow. Topics on Today's Episode:...

In the multifamily space, we don't have to go out much or spend a lot of money on marketing to find leads. Finding a deal can be difficult, but deal flow is all about getting brokers to know, like, and trust you. We're going to talk about how to get deal flow or potential deals into your system. Pillar 4 - Secrets to Getting Massive Deal Flow is a lot easier than most people realize. Topics on Tod...

Today, I'm going to share some stories about what I did wrong to prevent you from making the same mistakes. Pillar 3 - Secret to Analyzing Phat Deals is often the point where most new investors fail. They make bad assumptions and become too aggressive. They over promise themselves and their investors. That's a recipe for failure, not success. It can get you into a lot of trouble. I know because I...

Let's continue our journey with the Six Pillars to Profits series. Today, I'm going to talk about Pillar 2 - Secret Language of Apartments. The multifamily world uses a different jargon than the single-family space.   You need to be able to learn and understand the multifamily language to make you feel, sound, and appear credible and confident. So, I'm going to share with you some "magic" words th...

Don't believe everything that all those information gurus out there teach about multifamily real estate and investing. A lot of them start by showing you how to find a deal. I believe that's totally wrong and the worst place to start. The ability to raise capital is much more powerful, valuable, and vital to deals. This is the first episode of my six-part series called, The Six Pillars to Profits....

Have you always had an interest and pull toward real estate? Want to know how to parlay that into passive cash flow? Want to be financially free? Are you intrigued by legacy wealth? Then, you've come to the right place! Today, my guest is Ed Lemus, one of my students who has experienced success. During his real estate journey, Ed became interested in our multifamily content. He attended the Kahuna...

Do you have the right mindset to push through fear? Step outside of your comfort zone? Take massive action to build the life of your dreams? Then, forget about getting a college education. Get your broker's license and become rich in real estate!     Just like today's guest, Rod Khleif, who has the top ranked real estate podcast called, Lifetime Cashflow through Real Estate.    Topics on Today's E...

Today, my special guests are Cory Boatright and Sean Terry, who were two of my partners from the very beginning on the University Crossings deal. This is the last part for the series regarding University Crossings. We share what went wrong, what went right, and how we overcame obstacles that are often part of multifamily transactions. Topics on Today's Episode: Ups and downs of deal included askin...

What happens when you sign the dotted line and officially go under contract? That doesn't mean it's a done deal. You're not out of the woods yet because there's still a lot of moving parts to manage. Here's part 2 of 3 regarding my University Crossings deal. I share what went wrong, what went right, and how I overcame obstacles that are often part of multifamily transactions. Topics on Today's Epi...

What happens in deals? There's usually some bumps along the way. They don't go perfectly, but they usually go on to close.    This is the first of a three-part series where I break down the details of what happened with my University Crossings deal. I share what went wrong, what went right, and how I overcame obstacles that are often part of multifamily transactions. Topics on Today's Episode: How...

What's your story? Does it communicate a vision and inspire others toward greatness? Most successful investors follow the same path. They get to a point where they're ready to commit to something different. Take a risky leap, to reap the rewards! In this episode, I talk with Tamar Mar, who shares an incredible and unique story about how she started in multifamily investing. She enjoyed helping oth...

It doesn't matter whether you're looking for multifamily, apartment buildings, single-family, town homes, duplexes, or land deals. If you become good at finding discounted properties, you will quickly become a multi-millionaire. Wholesaling is the art of consistently finding discounted deals. Tom Krol should know. He's the "King of Wholesale" and teaches others how to be successful in the wholesal...

Being a realtor is a great way to make a living. But when you start out, you suffer from "commission breath" because you have to beg for a listing or buyer. Making sales is much easier when you're an investor. Wholesalers are overpaid realtors. You make more money because you can wholesale to other investors and list their fix-and-flips. Don't get stuck being a realtor. Today, my guest is Kris Ont...

When it comes to multifamily real estate and cash flow, Brayand Ponciano is all in - now. But he knows he made a mistake when he didn't listen to me five years ago about raising money, instead of fixing and flipping. Brayand learned his lesson and shares what he knows about everything related to real estate on the Flippin Fridays/AZ Flip Guys show with co-host Kris Ontiveros. Plus, there's still t...

Stop what you're doing because I have a big announcement! Would you like to help some kids, including my son, experience a once-in-a-lifetime opportunity? Kim Green, business manager for a youth football team, is doing a fundraiser to generate money to send these kids, along with their coaches and chaperones, to Florida to play in the Tackle Football National Championship.    Now, let's get down t...

How can some of the worst years of your life be when you manage hundreds of properties in colorful Colorado? It's because you have to deal with tons of different tenants (and their kids and dogs), collect rents...it was a nightmare for Rondi Lambeth. So, now, he focuses on multifamily apartment complexes, which are easier to handle.    Rondi is the founder of Fortress Credit Professionals and a re...

I'm going to share some pain stories to stress the importance of structuring deals and having great people surround you. You can make multi-million-dollar deals, just like me. But I must admit that deals do not always go smoothly. After all, this is real estate, and anything can happen. So, you need to have a great legal team, which can make or break you in this business.   Topics on Today's Episo...

Do you believe in yourself? What matters most to you? Money? A job? Car? There's two things that most of us crave in life. One is time, and the other is money. But what really matters is, life. I couldn't have imagined what my life is like today. I started from nothing and went to a place where I make an extreme amount of money. I've tried to keep myself as grounded as possible, in family, friends...

Being successful is a choice. If you're just doing it for the money, it's not a big enough reason why. You've got to do it because you enjoy or like the real estate process. It's got to be a passion. On today's episode, I talk about raising private money and how a lot of people do it the wrong way. Who is going to give you the money at the right cost? When I talk about raising private money, the g...

I've got some golden nuggets of information for you when it comes to operations - how to do things, what to expect, and how to make money. I became a multimillionaire by doing multifamily homes. I have lots of cash flow that shows up every month because of multifamily investments. The multifamily gain has been a blessing. I get to live a lifestyle that most will never experience. Do you want to ge...

Do you store your wealth in IRAs? Did you know that you can use that money to invest in real estate? Want to learn all about private money in the self-directed space? If you need cash, you need to go where the money is available to create long-term wealth. Today, my guest is Edwin Kelly, founder and CEO of Specialized IRA Services and Specialized Trust Company, which provide self-directed retireme...

Let's talk about rehabbing because most people get it wrong. How does it work and relate to work processes for your properties? What does it look like? What should you do? You don't want your property to look like a construction zone. Some believe the correct way is to do all improvements and repairs at the same time. The right way is to make the rehab process gradual to show that you care and man...

Today, my guest is Michael Blank, Apartment Building Investing podcast host and coach. He realized that it doesn't matter how much money he has in the bank or his salary. It's all about highly leveraged passive income. Michael was hook, line, and sinker in the search for financial freedom. He put his nose to the ground, started some single-family and multifamily flips, and learned how to raise mon...

Have you ever failed at anything? If you have, that failure may actually point you in the right direction and encourage you to take risks that payoff. After failing at college, Tom Cafarella thought about what he wanted to do - earn enough passive income to not have to work. He has built up a passive income portfolio to where he does not have to work much. However, it turns out that he loves to wo...