Working Capital Commercial Real Estate

Travis Watts is the director of investor education at Ashcroft Capital and a multi-family apartment investor. He has been investing in real estate since 2009 in multi-family, single-family, and vacation rentals. Mr. Watts dedicates his time to educating others who are looking to be more "hands-off" in Real Estate.   In this episode, we talked about: Travis’s Bio & Background Passive vs Active Investing Transition Into a Full-Time Passive Investing Deal Vetting Geography of Deals Finding Real Estate Deals Investment Philosophy   Useful links: https://info.ashcroftcapital.com/travis Transcriptions: Jesse (0s): Welcome to the working capital real estate podcast. My name's Jessica Galley And. on this show, we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time. My name's Jesse Rega and you're listening to working capital. My guest today is Travis Watts. Travis is a full-time investor, Passive income advocate, public speaker, and the director of investor education at Ashcroft Ashcroft Capital.   He dedicates his time to educating investors who are looking to be when it comes to real estate investing. Travis, welcome back.   Travis (42s): Hey, Jesse. So glad to be here. Thanks for the invite back.   Jesse (45s): Not a problem at all. It's great to see you again. We've chatted before on working capital for those listeners that wanna see the, that first conversation, I was pretty wide ranged in terms of the topics, but you know, like most returning guests we have on a lot has happened over the last couple years. So we thought we'd kind of have you back on, talk about what you're doing currently and your take on on where we're currently at in the real estate cycle. So before we kick it off, for those that didn't hear the first episode, maybe you could give a little bit of a background for listeners to what you do and how you got into, into the world of real estate.   Travis (1m 25s): Sure, yeah, happy to. So humble beginnings, you know, wasn't raised by an investor minded family, not a real estate background at all, but reading some of the books a lot of us have read. The Rich Dad Poor Dad type stuff, kind of was my gateway drug into learning about Passive income and financial freedom, things like that. So, started out with single family homes, did flips, did vacation rentals, you know, had roommates, just was trying to pull every string I could early on with a low budget on how I could make more money. And then I kind of shied away from doing as much of the buy low sell high strategy.   And I really started to hone in on Passive income. So in recent years I've been a full-time limited partner, mostly in multifamily, private placements with many different operators, of course, Ashcroft Capital and Joe Fearless as well. And you know, I'm just a guy who, you know, came from nothing in terms of, you know, being handed anything or, or again, coming from a family of this. And once I realized what Passive income did in my own life and how it can truly free up your time, how it can give you more options in your life, it was a complete game changer.   And so I dedicated the

Neal Bawa is a Returning Guest. Neal is CEO / Founder at UGro and Grocapitus, two commercial real estate investment companies. Neal's companies use cutting-edge Real Estate analytics technology to source and acquire OR build large Commercial properties across the U.S., for over 800 investors. The current portfolio of over 4800 units, with an AUM value (upon completion) of over $1 Billion In this episode, we talked about: Neal’s Updates 2022-2023 Real Estate Market Overview Mortgage rates Debt Structure Single Family vs Multi-Family Markets Inflation Rates Useful links: Past episode: https://podcasts.apple.com/se/podcast/strategic-multifamily-real-estate-investing-with-neal/id1505750263?i=1000580909466 Webinars: https://multifamilyu.com/

Bryan Douglas Caplan is an American economist and author. Caplan is a professor of economics at George Mason University, research fellow at the Mercatus Center, adjunct scholar at the Cato Institute, and a former contributor to the Freakonomics blog and EconLog In this episode, we talked about: * Bryan’s Bio & Overview of His Activities as an Economist * Toronto vs Florida Housing Policies * The Myth of the Rational Order * Rent Replacement Strategy * Bryan’s Books * Canada’s Immigration Policy * Family Sponsorship * The Case Against Education Brief * Don’t be a Feminist Useful links: Books: https://www.amazon.com/Books-Bryan-Caplan/s?rh=n%3A283155%2Cp_27%3ABryan+Caplan

Transcription: Speaker 2 (0s): Welcome Speaker 3 (2s): To the working capital real estate podcast. My name's Jessica Galley And. on this show, we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time. Speaker 2 (22s): Biznow upcoming Elevate Conference is taking place this August 16th through 18th in Nashville and will convene development and investment analysts, associates, and other rising commercial real estate professionals from across the nation. Elevate will go above and beyond your average event. Attendees will learn critical skills and build career lasting relationships to grow professionally and personally. Plus hear from industry titans, including Willie Walker, Gary Rappaport, and Simon Ziff. Tickets are extremely limited, so don't miss out and apply today@biznowelevate.com. Welcome back to the commercial real estate Investor podcast. Really excited to have such an outstanding group of individuals here today, in my opinion, some of the top commercial real estate brokers from across North America to be bringing you all a brand new segment that we're hopefully gonna be doing, you know, once a month, maybe once every couple of months between the four of us where we have a little commercial real estate brokers Roundtable and talk about what is going on in the commercial real estate market. What are we seeing since commercial real estate brokers are really the front line of what is going on in the commercial real estate industry, both on the leasing front and on the investing front. And with that we've got Chad Griffiths, Jesse Fragale, and Adam Williams. And so I'm gonna have them each introduce themselves, talk to you a little bit about the asset classes that they work in and where they are in the world. And Chad, I'm gonna hand it over to you first. Speaker 1 (1m 43s): Yeah, thanks Tyler, and a pleasure to be here. Thanks for the invite and looking forward to doing more of these as well. So yeah, Chad Griffiths industrial real estate broker. Started my career in 2005. Same company actually ever since. And then I started investing in myself in 2014, coal of about 150,000 square feet worth of industrial properties. Brokerage is still my day-to-day business. I follow the industrial market quite closely based out of Western Canada, but I keep pretty much on top of trends all over North America and and the world. So looking forward to talking about anything to do with industrial real estate. Speaker 2 (2m 18s): Love it. Jesse, Speaker 3 (2m 20s): Hey, everybody. My name's Jess Galley, pretty similar Mo just on the office side. I got into the, the business on the investing front in student rentals. Continue to do multifamily to this day, but same, same idea, day to day is still on the brokerage end. Investment sales, predominantly focused on the office market, so investment sales and office leasing. So I do that out of Toronto. So pleasure to be here. Speaker 2 (2m 49s): Adam Speaker 4 (2m 50s): Hey, everybody. Adam Williams coming to you live from Charlotte, North Carolina. I don't know anything about industrial or office leasing, so you don't have to worry about me talking about that. I only do retail hospitality. Been doing it now for honestly too long. I remember being a young pup in the business and those days are gone. Same, same kind of story of these other guys. I do a lot of stuff on my own balance sheet and with, with local entrepreneurs. Everything from, you know, bowling alleys to hotels, restaurants, and, you know, small development projects. But do a, a tremendous amount of kind of