Recently, the city of San Diego, California implemented a new program to help increase housing stock and affordability.
They created a bonus accessory dwelling unit, or ADU, program that allows investors to build 10, 20, 30 or more units where a single-family home existed before.
My guest today sees this program as a ‘pot of gold’ for real estate investors, and he’s going to share how he’s been leveraging this program to create new profit streams for himself and his investors.
Shawn DiMartile is the co-founder of Takeoff Capital, a private equity firm with over $50 million in assets under managements spread across 300 units.
Today Shawn discusses the important ways in which ADUs can help increase housing stock, how San Diego has made ADUs a priority, and how he and his investors have been leveraging this strategy in their portfolio.
Find out more:
Instagram: @shawn_dimartile
Website: www.investorshawn.com
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
When it comes to signing documents, how much time have you wasted printing, signing, and then scanning the document back into your computer?
On today's episode of Next Level Thursday, Brian shares one of his favorite hacks that will allow you to save paper, printer ink, and most importantly—your time.
Follow along on Youtube to watch how you can electronically sign PDF documents quickly and easily.
And be sure to leave us a 5-star review and rating on your favorite podcast app.
One of the after effects of the Covid-19 pandemic has been an increase in people working from home, and a decrease in the need for office space. This has had a dramatic effect on office buildings as an asset class and continues to be a problem with only half of the workforce returning to the office.
Many developers are considering re-purposing vacant office buildings into residential and apartment buildings. But doing that can be a lot more difficult than it seems.
Today’s guest is nearing completion of an office to apartment conversion, and he’s here to share his experiences, both good and bad. We’ll discuss his challenges working with architects, engineers, and city inspectors, and the delays he’s encountered along the way. Andrew will also share the silver lining that makes it all worthwhile and why he’s bullish on the Baltimore market.
Andrew Hinton is the acquisition lead for GL Capital, which focuses on apartment syndication and development in Pennsylvania, Maryland, and Virginia.
Find out more:
www.glcapital.io
https://www.linkedin.com/in/andrewhintonglc/
Cell: 267-269-0128
Email: ah@glcapital.io
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
Any time you start a new construction project one of the biggest mysteries you'll encounter is what you might find under the ground. Well, you won't believe what we found under the old parking lot at our apartment development site.
Today I'm joined by Brad Laackman from Honor Construction. Brad discusses the things he's found under the ground during his construction career, as well as the surprising discovery we made at our 120-unit apartment construction site in Grand Rapids, MI.
You can find out more about our development and watch our monthly construction updates at:
Welcome to the Management Styles for Short-Term Rentals Panel. What management style is best suited for your short-term rentals? Should you handle managing yourself, or is a third-party team a better option? How do you know you’re making the right choice?
We have a great group with us today to help answer these questions.
Tony Stancato is an emerging industry leader. With a personal portfolio of four short-term rental properties totaling 11 doors and a successful vacation rental management company called ‘Book N Gather’, Tony has a wealth of knowledge and experience to share with us today.
Tony is a co-host of the popular Michigan Short Term Rentals podcast and a short-term rental real estate agent.
Nate DePelsMaeker is a Field Sales Executive for Vacasa. He is a licensed real estate salesperson and who uses his background in both short-term rental management and professional sales to assist homeowners in deciding for or against full-service third-party managements solutions for their vacation home(s).
Brenden Stark’s comprehensive connection to West Michigan make him an unparalleled matchmaker between buyer and seller in the short-term rental space.
Brenden is the owner of Stark Vacation Rentals and specializes in creating beautiful spaces for a quick escape or long vacation getaway.
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
In 2021, Jeremy Garcia's commercial realtor brought him a semi-off-market listing for a 14-acre vacation resort located on the shores of Lake Michigan in North Muskegon.
The resort had been closed for two years due to Covid, and the seller's reported income pre-Covid didn't come close to justifying the $2 million price tag they were asking for.
They also weren't willing to consider seller financing, which seemed to be the only way to justify their price since the lack of a financial history made the property un-financeable.
So how were we able to close on this property in 2022?
In this episode of Next Level Thursday, Jeremy and I break down the challenges we had acquiring this vacation resort and the strategy we employed to find a lender for an un-financeable property.
You can find out more about Scenic Drive Resort and even book a stay by going to https://bookdreamstay.com/.
When you ask most investors how much passive income they would need to be financially free, the most common answer is $10,000 per month.
Well, my guest today is on track to generate a staggering passive income of more than $2 million a month!
Kyle Seyboth owns over 300 units, is Wall Street Journal’s #1 Realtor Nationwide, and founder of Century 21 Limitless.
Kyle is here today to share his plan to transition from millionaire to billionaire. We’ll also discuss how he masters time management through decision reduction and coaches his partners to achieve maximum success. Kyle also breaks down his multiple streams of income and how each stream will contribute to his monthly income.
Find out more:
Search for Kyle Seyboth on Facebook, LinkedIn and other social media platforms.
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
Welcome to Next Level Thursday!
On our very first episode we're going to discuss FEMA Flood Zone Maps and why you must include them in your due diligence when buying any type of property.
Both lenders and insurance companies look at FEMA flood maps to assess risk and determine whether you'll need to pay for extra flood insurance—which can be quite costly.
If you're already paying for flood insurance, then you'll also want to re-check the FEMA flood maps because they've been updated in the past year.
I'll discuss my property where we were paying an extra $15,000 in flood insurance, and how FEMA revised their flood maps and I don't have to pay that any longer.
We made it to episode #400!
Today your host, Brian Hamrick, is going to give you a peek behind the curtain and share insight into the past 400 episodes and where this podcast is heading for the next 400.
Brian will also reveal his top 5 predictions on trends and headwinds that investors need to be aware of in the coming months and years.
Thanks for being a loyal viewer and listener of this show. Please leave us a rating and review on whatever podcast app you listen to us on!
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
My guest today is on a mission to create affordable housing in one of the most unaffordable locations in the country—Silicon Valley.
Franco Perez is a mobile home expert, affordable housing author, and manufactured home developer. Today Franco is going to help us understand why mobile homes are the future of affordable housing. We’ll also discuss factory-built housing and how it’s a solution to the high cost of new construction.
Find out more:
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
How important is architecture and design when it comes to real estate investing? According to my guest today it’s of ultimate importance, and the sooner you understand that, the more money you can make.
Aaron Yassin is an award-winning, design driven developer building ground-up construction apartments in Brooklyn, New York. With over 20 years of experience in real estate, design, and fine art, he holds a unique position in the development space.
Aaron’s goal is to build the ‘Tesla’ of houses, and today we’re going to find out what that actually means. Aaron has five points to good design that we’ll be discussing: spatial planning, materials, lighting, building envelope and building systems.
Find out more:
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
My guest today is a federal officer for the Department of Homeland Security who has also become a real estate investor, entrepreneur and coach.
When the Covid-19 pandemic shut down the world several years ago, Eudania Burrell found herself without income, a flooded basement and a lot of adversity to overcome.
That’s when she turned to real estate investing, and within a matter of months she had her first three houses under contract. Today she’s going to share her inspirational story of how real estate investing changed her life and the lives of those around her.
Eudania will talk us through her strategies of wholesaling, subject-to and lease-options, while sharing actual examples of the deals she completed and the profits she realized. We’ll discuss her greatest challenges and the importance of taking control of your financial destiny.
Find out more:
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
My guest today bought his first four rental properties at the age of 19 using savings from his high school internet business.
Today, Drew Breneman is the founder and CEO of Breneman Capital where he focuses on undervalued multifamily assets and has built a portfolio of $200 million in assets under management.
Drew harnesses the power of data analytics to drive his investment decisions, gaining valuable insights into market trends, property performance and tenant behavior.
Today we discuss the metrics he and his team review to find the best markets around the country. Drew will share his top markets to invest in, the markets he avoids, and what his data says about Midwest markets like Grand Rapids, Michigan.
Find out more:
Breneman Capital: www.breneman.com
Breneman Blueprint Podcast: https://apple.co/3VFp3Kg
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
If you’re in the process of buying any type of rental property right now, then you’ve probably noticed how difficult it has become to find a suitable loan and terms.
Changes in key metrics such as debt service coverage, interest rates, and loan-to-value have had a dramatic impact on the ability to get deals done.
My guest today explains the current lending landscape and helps you understand what is necessary to find the right loan for your investment.
Fred SaintAmour is a former U.S. Army Ranger who now helps real estate investors and business owners of all sizes get the capital they need, when they need it, with the best terms possible.
Fred has been a commercial loan executive with Boathouse Commercial Funding Group since 2010.
Find out more:
269-838-3838
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
Rebecca Moore is a multifamily investor and syndicator. Through her company, Starboard Equity, she and her husband control over 900 units.
Her strengths are strategic partnerships, investor relations, capital raising and asset management.
Rebecca moved from sunny San Diego to live and invest in Dallas, Texas in order to have access to more and better investment opportunities.
Today we discuss multifamily syndication – how to talk with a broker, communicate with investors, and form strategic partnerships. We also discuss investing in Texas and the peculiarities around insurance costs and property taxes.
Rebecca also explains the ins and outs of floating interest rate caps and what that means to investors and how its leading to some distress in the market.
Find out more:
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
With higher interest rates and the distress we’re currently seeing in the banking and lending arena, investing in real estate has become a lot more difficult lately.
There is, however, a way to bypass banks altogether and actually become the lender. You can do this by investing in mortgage notes.
Fred Moskowitz is an experienced speaker, author, and educator on note investing, and he’s here with us today to help us understand this alternative investing strategy.
Fred explains how mortgage notes work and why it makes sense to ‘buy the paper’ rather than the property. We’ll discuss the three ways to become a note investor, and review the key metrics you’ll need to understand when acquiring a note.
Find out more:
Text MONEY to 215-461-4433
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
Be careful when you acquire your short-term rental properties and make sure you know the prevailing laws and rules in the area you’re investing in. Many cities and municipalities are changing their perspective on short-term rentals and putting restrictions in place that may affect your bottom line.
It helps to work with these cities, their decision-makers, and elected officials to educate them on the benefits of short-term rentals. The better your relationship is with your community and neighbors, the better your chances for success.
Recently at the annual RPOA conference we hosted a panel to discuss these matters.
Ryan Servatius has been in real estate for over 20 years, and sits on the NAR national committee for Resort & Second Home Property Specialists, as well as the State & Local Issues Policy Committee.
Ryan owns and operates Big Blue Rentals, managing vacation rental properties in Southwest Michigan, based in South Haven.
Brian Westrin serves as Michigan Realtors® General Counsel. His role encompasses a concentration in fair housing law and education, RESPA compliance and education, policing unlicensed real estate practice, mortgage fraud, and publications.
Brian is also an active lobbyist at the capitol in Lansing. Brian also facilitates meetings of the Realtors® Legal Action Committee and handles all requests made for legal action fund assistance.
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
My guest today has completed over 4,000 real estate transactions and his strategies include wholesaling, fix and flips, rentals and property management.
He also owns an 18,000 sq. ft. warehouse stocked floor-to-ceiling with homebuilding materials that he sourced up to 70% below retail.
Matt Larson also runs his entire wholesaling business with virtual assistants and spends less than 5 hours per weeks on it’s operations.
He’s considered to be an industry expert and personally coached Tony Robbins on single-family real estate investing.
Today Matt dives deep into his systems and processes. He’ll share the secrets of setting up his virtual systems and negotiating huge discounts from major retailers. We’ll also discuss his views on AI (artificial intelligence) and how he’s integrating that into his process.
Find out more:
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
I have the pleasure today of interviewing a unique and fascinating family of real estate investors.
I’ll start with Deven who is 16 years old and controls over 45 units. He published his first book when he was 11 and has spoken in front of live audiences across the country.
His brother Ethan is only 13 but just as impressive. He controls 40 units and also published a #1 book when he was 12.
Both boys acquired their properties without using any money or credit from their parents.
Speaking of their parents, Eric and Lila Wohlwend have been investing for 2 decades and control hundreds of single and multi-family residential properties, as well as oil wells, crypto, and precious metals. They’ve spoken to audiences around the world and have published two #1 bestselling books.
I’ve been looking forward to this conversation ever since we met at the RPOA annual conference last February.
Find out more:
Instagram, YouTube, & Rumble:
@RealPowerFamily
@DevenWohlwend
@WohlwendEthan
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
Three years ago, my guest was an out-of-work actor who had just lost his wife’s savings on a feature film that he produced. He was collecting unemployment and had a second child on the way. He had very little money in the bank, and the situation couldn’t have been more dire.
So how did Cameron Barsanti go from that down-on-his-luck actor to building a $35 million portfolio of self-storage facilities?
Today, Cameron is going to tell us how he created a system to acquire ten self-storage facilities across four states by cold-calling mom-and-pop owners. He’ll also talk about his first acquisition, an unpermitted 3-unit on an island in Texas where his main tenant became addicted to crack cocaine during the Covid-19 pandemic.
Cameron has a lot of great stories to share, both about his time in the entertainment industry and his transition into real estate investing.
Find out more:
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
Many of us have been in competitive buying situations with multiple offers on the table for that one special property. It’s never fun to lose out to another buyer, and today’s guest has figured out a way to bypass that process all-together.
Jeff Stephens specializes in relationship-based negotiations and prefers to buy his properties off-market and directly from sellers.
Jeff believes you need to ‘solve the person, before you solve the deal’, and today he’s going to show us how that works.
Jeff is also the founder of “The Thoughtful Real Estate Entrepreneur” and the host of the popular podcast "Racking Up Rentals".
Today Jeff describes how he creates seller financing notes that allow him to substitute the collateralization. That way he can sell the property and still keep the note with the terms he negotiated intact. This might sound confusing at first, but trust me, this is a concept you need to understand. It certainly was an eye-opener for me!
Find out more:
1) Racking Up Rentals Podcast
2) Free Seller Financing 101 Training Video: www.sellerfinancing-101.com
3) The DEALS Workshop: www.thedealsworkshop.com
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
My guest today is a business leader, educator and public servant who has dedicated his life to advancing economic opportunity for underinvested communities.
And while Evan Shields has led the investment, development and asset management of over $4 billion in institutional commercial real estate assets, he has also realized that there is a huge disparity when it comes to who is actually at the table making decisions.
Today we’re going to discuss the need for more diversity, sustainability, and economic mobility that Evan is focusing on through his company Indelible Capital Partners.
IndeliCap is on a mission to invest $1 billion over the next decade in real estate with an indelible impact on our world. As an owner and operator, IndeliCap strives to revitalize communities through the acquisition and development of market rate, mixed income, workforce housing, and single-family rentals across the Southeast U.S.
Find out more:
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
If you raise money from investors to fund your real estate opportunities, you’re definitely want to listen to today’s conversation.
Staci Gray helps real estate syndicators systematize their operations so they can raise more capital and do more deals faster.
Over the past two decades, Staci has built several multi-7-figure businesses and now helps other entrepreneurs do the same thing through her company Organize to Scale.
Today we’re going to discuss the importance of leadership in scaling your business, as well as the essential components needed to put the right people in place to architect, build, and operate your systems.
Find out more:
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
What’s new in short-term rentals? According to AirDNA bookings are up, but so are the number of rentals available. More competition means less profit to go around. Investors who rushed in without a plan are now second-guessing their decisions.
But there are strategies, both new and old, that are working and being employed by savvy investors.
What are those successful strategies in the short and mid-term rental space? We’ve gathered three successful investors today to help us find out:
Al Williamson is the world's first landlord scientist and an expert on extended stay Airbnbs—meaning he is a thought leader on furnished rentals that are available on a monthly basis.
Al was also our featured speaker at the annual RPOA Conference where he presented on extended stay rentals.
Kate Stoermer, The CEO Host. Kate is an Airbnb Superhost and VRBO Premier Host, who owns and manages her own portfolio and manages for others. She is experienced with partnerships, private money lending, and has analyzed hundreds of deals.
Kate brings her perspective from 27 years as a healthcare executive and U.S. Navy veteran to everything she does.
Jeremy Garcia has done over 50 flips, invested in notes, multifamily, short-term rentals, long-term rentals, boutique hotels and resorts, and also does corporate rentals in the greater West Michigan area.
Jeremy and his wife Melanie are building out an 8-unit Airbnb boutique hotel in downtown Muskegon, and recently acquired a resort property on Lake Michigan.
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
My guest today got his start in real estate as a broker for Marcus & Millichap in Raleigh, North Carolina before starting his own real estate firm with his twin brother.
Will Matheson went from zero to $100 million in assets under management in just four years, and he’s done it through multifamily and student housing investments.
Today we’ll take a closer look at student housing, get insight into working with family offices and institutional funds, and learn how Matheson Capital plans to achieve their goal of $1 billion in real estate by 2027.
Find out more:
www.linkedin.com/in/wlmatheson/
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.