Passive Income Through Multifamily Real Estate

Once considered a fringe investment, mobile home real estate wasn’t the go-to for property investors and waned in the shadow of the more profitable multifamily. Today tells a different tale, though. Roughly 60 million Americans need affordable housing, and there are around 12 million mobile homes to service that need. According to Jonathan Tuttle, this is an opportunity. As today’s guest Jonathan...

Welcome to another Asset Management Friday segment, focused on educating operators, building better systems, and becoming a best in class operator. Today’s guest is Nic Espanet, a Principal at Thrive Multifamily LLC and a multifamily real estate investor based in Fort Worth, Texas. Nic has been passively investing in multifamily assets since 2016 and has been a multifamily syndicator and asset man...

The best way to find a commercial opportunity for sale in an out-of-state market is to work with a broker local to that market. They will have access to internal listings and listings coming on to the market, as well as connections with local operators and investors. Today’s guest is Logan Freeman, a real estate investor, developer, and agent who has found his niche in the industry, acting as an i...

Being an asset manager can require you to keep track of hundreds of issues — and that’s just for one property. If you don’t have the right systems in place as you scale your business, then managing your portfolio becomes an agonizing task. Today we speak with Ashcroft Capital founder Frank Roessler, whose company manages over one billion dollars of assets. Our conversation opens as we explore Fran...

Even the most successful W-2 workers can find themselves trapped in toxic work environments that affect their wellbeing. For Chris Soignier, today’s guest, real estate investing was a way for him to earn the financial freedom to live a more balanced life with his family. We talk about how Chris left his 20-year corporate career to become an investor within only a year of discovering real estate. N...

Financial analysis is a critical aspect of asset management because that is where the data comes from, and today’s guest is an absolute whizz when it comes to this side of the business. With a past life in tech, Prashant Satoskar is a skilled systems thinker, and his real estate career has seen him invest in single-family, and more recently become an LP and GP in the multifamily space as well. Tod...

If you play the game right and keep your attitude positive, syndication can be easy, but don’t expect everything to fall into place overnight. Joining us today to talk about his inspiring journey into syndication and how he has achieved so much success in this space is Vinney Chopra. Since coming to the US more than 40 years ago with only seven dollars in his pocket, Vinney has excelled in many ar...

Investing in multifamily real estate is a numbers game in many ways, so being good at math will stand you in good stead. Today’s guest is Matt Owens, here to talk about how he handles his due diligence as well as some of his secrets for managing and operating properties. With a background as a CPA, Matt knows how to analyze the financials of his prospective properties so he can get better deals an...

Due to the COVID-19 pandemic, on-campus accommodation is facing some unique challenges, and there is increased demand for private student housing that not only has desirable amenities, but takes students’ health and wellness into consideration. Today’s guest, Zach Feldman, is the VP of Development at Aptitude Development, which is one of the nation’s top student housing firms. Aptitude currently o...

Systems are key to effective asset management. Joining us today to shed light on SyndicationPro, a streamlined, simple syndication platform, is its founder, Jacob Blackett. As an operator himself, Jacob conceptualized SyndicationPro from his own pain points. This inside, hands-on knowledge has gone a long way in helping them stand out from the rest. In this episode, we hear more about the advantag...

Asset protection is a crucial part of growing your wealth, yet it is often overlooked by entrepreneurs. Today’s guest, Wayne Patton is an asset protection attorney, and he is here to share his expertise with us. In this episode, Wayne explains how he approaches asset protection for his clients, and then how he helps them mitigate risk. We also hear about some of the key changes that the pandemic h...

Scaling is probably one of the ultimate goals of any business, so it’s important to be prepared to manage this growth properly. In today’s episode, Jeff Klotz, of The Klotz Group of Companies joins us to discuss scaling and how they have successfully managed to do it. We hear about the importance of timing, how a good team makes all the difference, and why you need to be ready to face many roadblo...

With the wealth of resources available online, anybody can teach themselves about investing, but some knowledge can only be gained through experience. Here to talk about his investment journey and the lessons he has learned along the way is data-driven investor, mindset coach, and realtor Ali Mahdavi! Being an immigrant born in Iran, Ali quickly learned to adapt, which has allowed him to successfu...

Today we get to hear from Amy Tiemann, a real estate syndicator who also owns and manages apartment complexes. Being both a property manager and multifamily investor, Amy has a rare advantage when it comes to asset management. For her, it is imperative to first gain experience as a property manager before you can truly be great at asset management. In this episode, Amy talks about the pros and con...

Why would someone start their own property management company instead of just hiring a third party? Today’s guest, Colin Douthit has some answers. Colin is the founder and owner of Atlas Property Management, has been in the real estate space for just three years, and already manages over 360 doors, with another hundred in the pipeline. In this episode, we talk about why Colin decided to start his...

For this Asset Management Fridays edition of the show, Chris Jackson from Sharpline Equity joins us to talk about renewal management now versus a few months back! Chris is a multifamily investor and syndicator with 10 years of experience, who has raised over 12 million dollars and completed over 500 unit transactions. Chris weighs in on the value of having more communication touchpoints with tenan...

Many people will tell you that you need heaps of money to get started in real estate. But Sterling White, today’s guest, is proof that you don’t always need money to start making money. With just under 400 units, Sterling is a top BiggerPockets contributor and hosts the Real Estate Experience Podcast too. We begin our conversation with Sterling giving us some background. He talks about growing up...

Executing your business plan is not always easy as many variables can derail your initial course of action. Today’s guest, Devin Elder, knows the importance of sticking to your guns and has seen firsthand the benefits of persevering with a tried and tested investment thesis. In this episode, Devin sheds light on his company, DJE’s business plan, their desired ROI on money spent on interiors, and t...

A fund is probably one of the most powerful and safest ways to diversify your assets, but how do you know when you’re ready to start a fund? And which markets should you invest in? Today’s guest, Dave Seymour, has some experience in this area. After 16 years as a firefighter and paramedic, Dave launched his real estate career, rapidly becoming one of the nation’s top real estate investors. Within...

When it comes to raising and managing capital, it’s all about putting the investor first. Today’s guest is Brian Adams, and he joins us to talk about all lessons he has learned about this syndication fundamental. Brian is the Principal and Founder of Excelsior Capital, and he starts out today talking about his journey into capital raising as well as his focus on buying up multi-tenant office prope...

We all have LinkedIn profiles, but how can we use them to actively pursue leads and build lists of prospective investors? Today’s guest is Yakov Smart, who is considered to be the leading expert when it comes to attracting A-list investors and raising capital using LinkedIn. He’s the author of the book, Disrupting LinkedIn , and a sought after authority by top business owners and sales leaders wor...

Welcome to Asset Management Friday! Today’s episode is all about insurance, and our special guest is Daniel Garzella, President of The Garzella Group, which is an insurance brokerage that specializes in multifamily property insurance. Dan founded the Garzella Group in 2014 and, prior to starting his own firm, he was selected as one of America’s top commercial insurance agents of the year for five...

Jerome Maldonado’s passion for, and knowledge of, real estate development (and the art of making money), will pique everyone’s interest in the subject. He started out with very little, managed to survive the 2008 recession, and has built up an extremely successful real estate development company, J. Jacob Enterprises Inc. Jerome focuses on the opportunities that exist in seemingly dire situations,...

Sometimes we might forget the importance of community and engagement in the field of real estate and particularly the multi-family sector. Here to talk to us about community management and the best ways to use it as a tool for your business, is Eric Upchurch from Active Passive Income! He has a strong message about getting out of your comfort zone and getting a community involved, with a specific...

While COVID-19 is a total black swan event and it is hard to predict its effects, it could be a blessing in disguise for multifamily. Neal Bawa joins us again on the show today, and this time to give us his data-driven insights into the impacts of coronavirus on real estate. Neal is a technologist, data scientist, and self-proclaimed geek. He is the CEO and Founder of the highly successful commerc...