Ritter on Real Estate

On today's episode of Ritter On Real Estate, we chat with Tony Julianelle. Tony is a successful organizational leader with more than 20 years in real estate and financial services who is passionate about developing people and serving customers. He is a consultant to various business partners, focusing on strategy, execution, and bottom-line business results. Before joining Atlas, Tony worked with Wells Fargo, holding various leadership positions during this time. In his role as Regional Manager, he was responsible for the mortgage origination business in seven states in the mountain Midwest.Additionally, Tony has held a variety of professional and personal board positions throughout his career. Boards he has served on include: Mortgage Bankers Association of Kansas City, Colorado Mortgage Bankers Association, Habitat for Humanity (Kansas City), and Park Church Denver. He has also served as faculty for the Denver Institute of Faith and Work. Most recently, Tony has become a member of the Denver Business Journal Leadership Trust.Welcome to the podcast, Tony!Key Points From The Episode: - Tony's background working at Bank- of America as a mortgage originator. -Joining Atlas Real Estate and growing the company from 20 employees and 1500 doors to 200+ employees and 9000 doors under management across 7 states.-Tony's analysis of the current real estate market.-Homeownership and why he promotes it to his employees and tenants. -How to determine where to deploy capital in a real estate investment.-Why Atlas Real Estate prefers single-family homes as investments.-The important role of the property manager and why data is so important.-House Hacking for individuals first getting into real estate.Books Mentioned: - The Alchemist by Paulo CoehoCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On today's episode of Ritter On Real Estate, we chat with Isabelle Guarino-Smith. Isabelle is a graduate from Arizona State University, a former flight attendant, Walt Disney World intern and now Residential Assisted Living Academy’s leading lady. She has been working as the COO of the company for the last 6 years, keeping everyone in line and on task. She’s been featured in many magazines and articles on the topic of Senior Housing and most recently was given the title as one of the “Top Influencers in Senior Housing”. Isabelle also won Aging Media’s “The Future Leaders of Assisted Living” award in 2020 being 2 of 100’s under 30 to make the list. Welcome to the show, Isabelle!Key Points From The Episode: Isabelle's background, her father being the "Godfather Of Assisted Living".Growing up working in the family business. Carrying on her family's legacy.What is Residential Assisted Living?What to look for when creating a residential assisted living home.What positions to hire for a residential assisted living home.The financials of investing in a residential assisted living home. Why marketing is so important.Teaching others how to invest in senior living.The future of senior living.Books Mentioned: The 5AM Club by Robin SharmaCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

Excited to welcome Dr. Pranay Parikh on today's episode of Ritter On Real Estate! Dr. Parikh is a medical doctor, serial entrepreneur, online course creator, and podcast host. His unconventional journey to medicine helped him learn the skills to excel in entrepreneurship. He’s helped launch a 7-figure online course, buy over $1.1 Billion in real estate, and help hundreds of physicians launch their own businesses. His goal is to help launch 10,000 physician-led businesses. Welcome to the show, Pranay! Key Points From The Episode: Pranay's background in medicine. Being interested in other things while in medical school.Realizing that there is a lack of control in stocks, focusing on real estate investing instead.Buying his first investment property, how exciting it was. Creating a Real Estate course to teach doctors how to be investors.Pranay's business structure. Investing while practicing medicine full time.The importance of building a team.How to analyze potential deals.What Pranay looks for in deal partners.Keys to good asset management.Why medical professionals like real estate investing.Books Mentioned:The Hands Off Investor, Ben BurkeCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On today’s episode of Ritter On Real Estate, we chat with Neal Bawa. 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 nearly 700 investors and has a portfolio of over 4,800 units. An AUM value (upon completion) of over $1 Billion. Neal believes that we are at a turning point, where traditional commercial real estate will combine with Proptech and Fintech technology disruptors, and will truly reach its potential as a tradable, highly liquid asset class that will rival and eventually beat the stock market in its size and scope.He also believes that the Build-to-rent will become a much larger and more profitable part of the Multifamily asset class over the next 5 years, due to its uniquely desirable characteristics. Welcome to the show, Neal!Key Points From The Episode: Neal's background building his company from 10 to 400 employees.Investing in real estate to lower taxes.Where we are in the current economic climate.Understanding GDP growth/decline and when the US will actually be in a recession.The future of interest rates.The cons of locking in long-term debt in today's economy. How to educate your investors as a syndicator.Books Mentioned: The Miracle Morning by Hal ElrodLink to EP 38: https://www.kentritter.com/podcast/how-to-optimize-for-profit-with-neal-bawa/Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

In today’s Ritter On Real Estate episode, we chat with Yannik Cudjoe-Virgil. Yannik is the principal of Merlynn Acquisitions - a Baltimore-based real estate investment and syndication firm, with $5.8M in AUM. His experience in commercial real estate began as an Asset Manager by trade for both retail and institutionally-capitalized real estate private equity firms, with over $1.5B+ in AUM, where he oversaw multi-disciplinary portfolios consisting of Multifamily, Mixed-Use, Office, Retail and Industrial properties across the U.S. Welcome to the podcast, Yannik!Key Points From The Episode: Yannik’s background, playing in the NFL and moving to the united states as an immigrant. Not having a background in finance but having grit and determination to learn real estate.Getting his first opportunity in asset management.Why Yannik prefers commercial real estate as opposed to smaller single-family deals.What Yannik learned working at a larger asset management firm.Yannik’s asset management rhythm/procedure.How to deal with delinquent tenants.How Yannik utilizes VA’s in his asset management business.Real estate is about relationships.The future of Merlynn Acquisitions.How Yannik plans to help active and retired athletes with passive real estate investing. Books Mentioned:The One Thing by Gary KellerCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On today's episode of Ritter On Real Estate, we chat with Bryan Underwood. Bryan is the founding Principal of Responsible Residential (“RR”) and President of Responsible Real Estate, Inc. (“RRE”), a San Diego based real estate investment company. Bryan started RR & RRE after spending more than ten years in his family business, A-1 Self Storage/Caster Properties, Inc. Responsible Residential is a San Diego-based residential development company focused on middle-income housing. Prior to launching RR & RRE, Bryan worked as the Acquisitions Manager for Caster Properties, Inc./ A-1 Self Storage.Since joining Caster Properties in 2007, Bryan has played a key role in the acquisition and entitlement of over 1.5MM square feet of Self Storage space with a market value of $200MM. Welcome to the show Bryan! Key Points From The Episode: Bryan’s upbringing – how he fell in love with real estate while working in the women's Department in Nordstrom.Bryan’s experience working in his family business in Self Storage.What 2007 taught Bryan about the real estate market. Why the Self Storage business is so great for investors.Why Bryan switched from self-storage to single-family starting his own kind of.The two deals that exposed him to why real estate is such a great investment.Why red tape is never fun for real estate developers.Advice for new real estate developers.Brian's goal of buying1000 units in the next few years. Books Mentioned:Never Split The Difference By Chris VossCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

Jason Lee is a highly recognized real estate broker in the multifamily real estate industry. He has worked with several eight to ten-figure real estate investors in San Diego County, helping them acquire, sell, and 1031 exchange in order to improve their portfolio.In the last couple of years, Jason has represented over 75 investors and sold over $150,000,000 worth of real estate in San Diego County.He is well respected by his investors and he is currently one of the top producing commercial real estate agents in San Diego County. His transactions & insights have been shared in the San Diego Business Journal and Costar. Jason is not only a prominent but also a very active multifamily investor as well. He has acquired over 15 properties in the past 12 months. Jason is the owner and operator of over $30,000,000 of real estate in San Diego County, totaling just over 65 units.Key Points From The Episode: Falling into real estate after seeing his friend's parents success.Closing real estate deals as a broker in college.Graduating and becoming a full-time real estate investor.Key principles Jason’s mentor taught him. Learning how to sell and that the money is in the follow-up. How Jason built a 75+ unit portfolio.What the San Diego real estate market is like.How being a broker impacted Jason’s real estate investments.The importance of focusing on what gets the highest ROI.Why shiny kitchens are overrated… Focus on simple value add.Practical advice for new real estate investors.How to build broker relationships.Books Mentioned: How To Win Friends And Influence People.Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

Today's Ritter On Real Estate guest is Rich Fettke. Twenty years ago, Rich was told he had six months to live at 37 years old. Thankfully, the doctor’s diagnosis was wrong; the melanoma did not spread to his liver. However, that initial diagnosis caused his wife to find a way to make ends meet if he died. She found mentors who helped guide her and led her to learn about real estate investing. After he was healed, they began to invest and learned a way to financial freedom. They wanted to help their friends and family do the same, so they formed what they thought would be a small group of people to learn about investing together. Today that small group has grown to over 60,000 members. The company that Rich and Kathy built, RealWealth, has helped thousands of people create financial freedom in their own lives. Rich is also the author of Extreme Success (Simon & Schuster, 2002) and the audio program, Momentum.  Key Points From The Episode: Rich’s life-shattering false positive diagnosis. How it changed his life.Rich’s experience house hacking, seeing how real estate creates wealth. Buying 5 properties.Starting Real Wealth, how Rich and his team empower/teach investors. The importance of spending time to get quiet and think.How meditation benefits the brain. The importance of community.What separates Rich’s book from other real estate books.Rich defines what a “Henry” Is. Getting clear about what you want in life. Understanding assets vs liabilities.The wealthy value time and education. About Rich’s Book:The Wise Investor is an inspiring parable about building what author Rich Fettke calls Real Wealth, the foundation of financial freedom. It tells the story of Ryan Brooks, a husband, father, and CaptivSoft’s hard-working lead coder who, with the help of a new friend and mentor, finds a different path to financial security for himself and his family and becomes wealthy in more ways than he thought possible. The foreword was written by Robert Kiyosaki (Author of Rich Dad Poor Dad) and the book has been endorsed by Brandon Turner (BiggerPockets Podcasts and Author of The Book on Rental Property Investing), Kristine Carlson (Co-Author of Don’t Sweat the Small Stuff books), Ken McElroy (Author and Investor) and Jon Gordon (Author of The Carpenter and The Energy Bus).Websites & Social Mediahttps://www.thewiseinvestorbook.comhttps://www.fettke.comhttps://realwealth.comhttps://www.instagram.com/richfettkehttps://www.facebook.com/rich.fettkehttps://www.linkedin.com/in/fettke/Books Mentioned:The Wise Investor By Rich FettkeCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On today’s episode of Ritter On Real Estate, We sit down with David Richter. David is an active real estate investor who has been essential in closing over 850 deals over the last 10 years. He has experience with wholesale, turnkey, BRRRR, owner finance, rentals, lease options, and any other exit strategy you can think of. In addition to investing in his own deals, David has helped real estate companies completely turn around from going out of business to building cash reserves by using the Profit First cash flow system. He has been featured on Biggerpockets, Real Estate Disruptors with Steve Trang, and many other podcasts, shows, and stages. To help even more people, he wrote Profit First for Real Estate Investing - a derivative of the original Profit First by Mike Michalowicz that is tailored specifically to Real Estate Investors. His goal is to completely transform the Real Estate Investing industry by helping real estate investors make and KEEP more money in their businesses. As the founder and owner of SimpleCFO Solutions, he wants to bring investors true financial clarity and freedom and help every investor stop living deal to deal. Welcome to the show, David! Key Points From The Episode: David's start in real estate. Reading Rich Dad Poor Dad and hanging out with Real Estate Investors to learn. Cashflow Management and preparing for the future. The importance of hiring for purpose and not just hiring to hire. What it's like working with Simple CFO. Understanding the numbers and managing accounting properly. What tools David recommends for financial management.  Implying a profit-first mindset.Books Mentioned: Profit First For Real EstateRich Dad, Poor Dad by Robert KiyosakiProfit First By Mike MichalowiczThe Road Less Stupid By Keith CunninghamSimpleCFO.comCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

In today’s episode of Ritter On Real Estate, we chat with Julie Holly. Julie is the founder of Three Keys Investment, which helps people like you find their freedom through multifamily real estate investing so that they can live the life of their dreams! She has invested in single-family homes, house-hacked before it had a name, managed properties from 1k miles away and passively invested in multifamily assets. Currently, Julie is passively invested in nearly 300 doors, strategically partnered in 68 Atlanta based, and a general partner in 120 units. ​Her podcast The Conscious Investor is designed to support investors at every step of their journey. From mindset and personal development to powerful insight from a variety of professionals, listeners are invited to unravel and discover the harmony in life, family and wealth.  Julie’s experience as a public school teacher, ability to relate with people, and genuine care for their financial well-being allow her to raise capital for the team’s offering. She serves clients as a high-performance coach and runs the Five Week Book & Networking Club as well as an accountability group.​Her free time is filled with backcountry mountain biking with family and friends, baking delicious treats to share with others, writing grants for 9B Trails, a local nonprofit, and leading book clubs to stimulate minds and build community. Welcome to the show, Julie!Key Points From The Episode: -Julie’s upbringing. Getting into education and then realizing that a secure job really wasn't that secure.-The importance of having the right mindset when investing in real estate.-Tips for new real estate investors.-How Julie analyzes real estate deals.-Why syndication is a good vehicle for those who want to invest in real real estate passively. Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio