Working Capital Commercial Real Estate

Jesse Fragale
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Oct 7, 2020 • 39min

Real Estate Syndications with Michael Blank|EP22

Michael Blank is a leading authority on apartment building investing in the United States. He’s passionate about helping others become financially free in 3-5 years by investing in apartment building deals with a special focus on raising money. Through his investment company, he controls over $30 million in performing multifamily assets all over the United States and has raised over $8M. In addition to his own investing activities, he’s helped students purchase over 2,000 units valued at over $87M through his unique “Deal Desk” and training programs. He’s the author of the best-selling book “Financial Freedom with Real Estate Investing” and the host of the popular “Apartment Building Investing” podcast. In this episode, we talked about his journey in real estate, from house flipping to apartment investing, his thoughts on syndication, he also discussed the process of how to raise money, finding the right properties and eventually achieve financial freedom through real estate investing even if you’re a new investor. Quotes: “In fact, you don't need prior real estate experience, and you don't need your own money. Because it's relatively easy to overcome both of them.” “Even people with money will eventually run out of money. Therefore, the art of raising money is really allows you to be a true entrepreneur, allowing you to create something from nothing.” “I think there's always an opportunity regardless of what's going on, you have to have your eyes open.” Resources and Links: https://themichaelblank.com/ Financial Freedom with Real Estate Investing: The Blueprint To Quitting Your Job With Real Estate - Even Without Experience Or Cash The Apartment Building Podcast  
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Sep 30, 2020 • 43min

Mortgage Matters with Christine Beckwith|EP21

Christine Beckwith is a leading and award winning mortgage industry executive sales leader. Her career which spans 30 years has her winning on multiple origination & management platforms, levels, and companies while consistently proving time and market does not change her ability to compete & bring sales teams to the very top. She is a sought after public speaker on the real estate & finance circuit. She is the Vice President of Realtor & Sales Management for AnnieMac Home Mortgage & the President of 20/20 Vision for Success Coaching.  She's also was the first female news anchor for the mortgage news network and is a best-selling author In this episode, Christine shared her incredible journey from top loan officer to mortgage executive, how pandemic affects the mortgage industry, her online coaching company, 20/20 Vision for Success and she also answered some questions that every investors wanted to ask about mortgage. Quotes: “Everybody in the world is refinancing” “A Financial mindset & good wealth is built off of liquidity” Resources and Links: https://visionyoursuccess.net/ Christine’s LinkedIn Christine’s Facebook https://wwvmag.com/ https://www.thevision-mag.com/ 
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Sep 23, 2020 • 44min

From News Anchor to Financial Free Through Real Estate with Clayton Morris|EP20

Clayton Morris is a real estate investor and host of the Investing in Real Estate podcast. He is a former co-host of The Daily Buzz and Good Day Philadelphia on Fox's WTXF-TV who moved to co-host Fox & Friends on Fox News Channel in 2009. He covered consumer technology for Fox and hosted weekly technology segments for Fox News Radio and Fox News. In this episode, Clayton shares how his father lost his job and downsized everything to survive financially and eventually started investing in real estate.  Clayton talks about his early deals, the “Freedom Number”, and his turnkey rental company Morris Invest which helped hundreds of people buy their first rental property. He also shares where he believes the best area to invest are, his tried and tested strategies for acquiring rental real estate and how to build lasting net worth through real estate investing.   Quotes: “I think this pandemic has taught us that if I would look at the basics of real estate investing, landlord friendly appreciation, market, low crime, job growth, etc. I want to make sure I'm pandemic proof.” “I always grew up with these limiting beliefs around money. You know, money doesn't grow on trees. We're not the Rockefellers. So I always had this adverse relationship with money, I never thought I was worthy of it.” “So I think it's incredibly important to switch that paradigm in your brain to really think about wealth creation, as you know, owning a business and wealth creation rather than working for somebody else.”   Resources and Links: Website Facebook Linkedin Twitter    
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Sep 15, 2020 • 47min

How to Earn More Money Through Real Estate with Steve Rozenberg|EP19

Steve Rozenberg is an international commercial Airline Pilot who turned investor after the shock of 9/11 turned his airline career world upside down and the “safe-secure” job was anything but that. This is when he realized he needed to be in control of his own destiny. Since then he has owned dozens of rental properties as well as apartment complexes, he has also flipped and wholesaled hundreds of properties in Houston, Texas. He has written and published 7 E-books, and his most recent literary creation “Building an Empire: Failing our way to Millions” where Steve tells an in-depth recollection of his own Entrepreneurial journey. He has produced over 100 video seminars for its “Owner Education Series” and “Steve Rozenberg On the Road”. Steve is a member of NARPM® Houston and Ft. Worth, TX, CE certified and is a licensed real estate agent. In this episode, we talked about how he started in real estate, how he managed to build a cash-flowing portfolio while working as an airplane pilot, the type of properties he had, how he built a huge property management company and how he and his partner manage their company to be efficient and most importantly, to scale. Quotes: “To me, that is the truest form of leverage is utilizing your skillset. And it's the difference of working in the business to working on the business.” “A truly successful investor that's educated is a contrarian investor, meaning they're going opposite of what the tides are doing. And so I think it's important to have that ability and education level to make that pivot.” Resources and Links: Steve’s LinkedIN Steve’s Website Steve’s Instagram Building An Empire Feeling Our Way To Millions
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Sep 2, 2020 • 39min

Commercial Real Estate Spotlight with Mike Bull|EP18

Michael Bull, CCIM, founder and CEO of Bull Realty, is an active commercial real estate advisor. He is a licensed broker in nine southeast states and has assisted clients with over 6 billion dollars of transactions over his 30-year career. Mr. Bull founded Bull Realty in 1998 initially with two primary missions: to provide a company of brokers known for integrity and to provide the best disposition marketing in the nation. Now Michael and his brokers provide disposition, acquisition, project leasing, tenant representation and advisory services in all major property sectors. Michael personally leads a team focused on office investment sales. You may know Michael as the host of America's Commercial Real Estate Show. The popular weekly show began broadcasting in 2010 and today is heard by millions of people around the country. Michael and other respected industry analysts, economists and leading market participants share market intelligence, forecasts and success strategies. In this episode, Mike discusses commercial real estate, the process of finding properties, how COVID-19 affects the real estate market, his thoughts on capital markets, debt markets, and much more! Quotes: “We‘re confident that we can provide as good or better services than anyone in the world and that's a good feeling.” “When you're an agent, you really already own your own business.” “Make sure you put in a lot of hours realize you're starting your own new business and you're competing with people that are good at what they do.” “I felt like I had to start my own company and so I did.  Resources and Links: Mike’s website https://www.bullrealty.com/ Mike’s podcast https://commercialrealestateshow.com/ https://www.commercialagentsuccess.com/
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Aug 25, 2020 • 42min

Real Estate and the Wealthy Gardener with John Soforic|EP17

John Soforic is the owner of a real estate business and enjoys total financial freedom. He is the author of best-selling book, The Wealthy Gardener a book for his son to distill his own wisdom on money and success. It will teach a lesson on prosperity for anybody and everybody regardless of who you are and your age. In this episode, John shared how he started in real estate, his life as a chiropractor, how real estate changed his life and how he learned to overcome his financial challenges and how it leads him to financial freedom. Quotes:         “We got into this the book, The Wealthy Gardener, it took me over three years. It was just he and I pass him (my son) back and forth, back and forth. life lessons, ideas, just a meaningful time in our lives.” “And I just felt this deep responsibility to pass along my lessons to him (my son). Everything I've learned along the way, so maybe he would just not start his 20s is unprepared as maybe I was.” “There's a lot of every lesson in my book, if you look at it closely, what you're going to see is, this is how you improve that. This is how you get more intentional. This is how you take better actions. This is how you do it.”   Resources and Links: The Wealthy Gardner - Audible  The Wealthy Gardner website The Wealthy Gardener book by John Sofofric
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Aug 18, 2020 • 58min

What Every Real Estate Investor Needs to Know About Cashflow with Frank Gallinelli|EP16

Frank Gallinelli founded RealData, Inc. (realdata.com) in 1981 to provide analysis software for real estate investors and developers. He is the author of "What Every Real Estate Investor Needs to Know About Cash Flow..." (McGraw-Hill, 2004; 2nd Edition, 2008, 3rd Edition, 2015), "Mastering Real Estate Investment - Examples, Metrics and Case Studies," (RealData, 2008), "10 Commandment for Real Estate Investors," (RealData, 2012) and "Insider Secrets To Financing Your Real Estate Investments" (Mc-Graw-Hill, 2004). In this episode, we talked about how he started in real estate, how real estate analysis and interpreting metrics can help real estate investors, the idea behind the software Realdata, Inc., cap rate, income stream, internal rate of return and cash flow and MANY MORE! Quotes: “Income-producing property is its value to an investor is a function of its ability to cash flow. So if you can increase the cash flow of a property, you can increase the value of the property.” “But if you're an investor, maybe you want to be thinking not about a point in time, but about the long-term building of wealth and have to look at not only the performance of the property currently but what is the potential performance of the property over time.” Resources and Links: https://www.realdata.com/ What Every Real Estate Investor Needs to Know About Cash Flow... And 36 Other Key Financial Measures
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Aug 11, 2020 • 39min

Managing Real Estate Investments and Investors with Travis Watts|EP15

Travis Watts is a full-time passive investor. He has been investing in real estate since 2009 in multi-family, single-family and vacation rentals. Travis is also the Director of Investor Relations at Ashcroft Capital. Travis has invested in over 25 passive syndications between 14 different firms. Travis now dedicates his time to educating others in the world of investing and has made it his mission to share passive investment strategies in order to help others achieve and maintain wealth in real estate. In this episode, he shared how he started in real estate after reading the book “Rich Dad’s prophecy”, his first property in 2009 in Colorado from credits of $8000 from the IRS,  type of deals he's done, working 100 hours per week in an oil company, house-hacking strategies, transitioning from full-time employee to full-time passive investor, FIRE movement and MANY MORE! Quotes: “I love the idea of just taking something fixing it up making it better and then be worth more.” “We all need to have enough passive income somehow to be able to quit our jobs and retire.” “I just find that real estate's a far better vehicle for creating cash flow and passive income.” Resources and Links: https://ashcroftcapital.com/ https://www.linkedin.com/in/traviswatts1234 https://www.instagram.com/passiveinvestortips/
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Aug 4, 2020 • 43min

Demystifying Multifamily Investing with Whitney Sewell|EP14

Whitney Sewell is the founder of Life Bridge Capital LLC, he began his real estate investing career in 2009. Whitney’s passion is working with investors, helping them secure financial security via the exceptional opportunities that multifamily syndication offers. Whitney hosts The Real Estate Syndication Show, a daily podcast where he has now interviewed over 600 experts providing cutting-edge tools and strategies of the syndication business.  Whitney and his wife Chelsea are on a mission to help other families through the process of adoption.  They have personally endured the financial burdens that the process puts on families and have committed 50% of their profits to this goal.  Whitney and Chelsea have three children by adoption. In this episode, we talked about how Whitney started in real estate while working in law enforcement, how coronavirus affects the industry, the type of deals he's done, finding deals from the purchase and sale to raising capital to eventually closing the deal, overall syndication, their mission in the processing of adoption, his podcast “The Real Estate Syndication Show” and many MORE! Quotes: “I really realize that so many people have built wealth in real estate and I had no idea, if all these people can do this, I can do it too” “It is about the relationship. It is about staying in front of your investors.” Resources and Links: Life Bridge Capital The Real Estate Syndication Show Never Eat Alone Book Joe Fairless Book
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Jul 28, 2020 • 38min

Passive Real Estate Investing with Brian Burke|EP13

Brian Burke is President & CEO of Praxis Capital, Inc., a vertically integrated real estate private equity investment firm, which he founded in 2001. Brian is also a member of the Praxis Investment Committee. Praxis operates on multiple platforms, currently managing active syndications for the acquisition of single-family, multifamily and opportunistic residential assets in US growth markets. Over the course of a real estate investment career that began in 1989, the offerings Brian manages have acquired over 750 properties, including over 3,000 multifamily units, with the assistance of proprietary software that he wrote himself. Acquired asset classes include single family homes, self storage, mixed-use and large apartment complexes in multiple states. Brian has arranged well over $500 million in debt and equity for Praxis acquisitions. Praxis’ current portfolio exceeds $200 million of real estate assets under management. Brian is the author of The Hands-Off Investor: An Insider’s Guide to Investing in Passive Real Estate Syndications, and a frequent public speaker at real estate conferences and events nationwide. In this episode, Brian shared how he started in real estate, his humble beginnings, the type of his first deals, flipping homes, in depth explanation of real estate syndication, its advantages and disadvantages, cash flow and returns. We also talked about his book "The Hands-Off Investor: An Insider’s Guide to Investing in Passive Real Estate Syndications" and many MORE!   Quotes: ”If you don't have the money you can't buy the real estate. It's like showing up to the department store and you don't have your credit card with you.” “I knew that real estate was the path for me and I just kept persevering in it.”   Resources and Links: https://praxcap.com/ BiggerPockets-Brian Burke

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