The Best Ever CRE Show

Cherry Street Investments founder Kavitha Baratakke was forced to start over with virtually nothing after a divorce in 2007 followed almost immediately by the stock market crash in 2008. Since then, she transitioned from working full-time in the tech industry to passively investing in multifamily, then crossed over to the GP side where she discovered her passion for talking with and educating other investors. Kavitha Baratakke | Real Estate Background Founder of Cherry Street Investments, an investment firm focused on creating multiple passive sources of income through investments in various assets such as apartment complexes, mobile home parks, senior assisted living facilities, self-storage, and more. Portfolio: GP of: 2,200 units across Texas 179 beds of senior living new construction in Florida 1 townhome new construction in Austin MSA 2 land development deals in Austin MSA LP of senior living, land development, energy, and ATM investments; also 200+ doors of new multifamily construction Based in: Austin, TX Say hi to her at: cherrystreetinvestments.com  LinkedIn: @cherrystinvestments, @kbaratakke Instagram: @cherrystinvestments, @kbaratakke Facebook: @cherrystinvestments, @kbaratakke Best Ever Book: The Alchemist by Paulo Coelho  Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices

Marine Corps veteran Wesley Yates didn’t even learn about syndication until he attended his first commercial real estate event in 2019. He started his group, VFR Capital Investments, that same year. Wesley Yates | Real Estate Background Co-founder and CEO of VFR Capital Investments, a real estate investment and acquisitions company that is owned and operated by veterans and first responders. Portfolio: GP of 1,510 units for $150M in AUM Based in: Fort Worth, TX Say hi to him at: www.vfrcapitalinvestments.com Facebook LinkedIn Best Ever Book: The 7 Habits of Highly Effective People by Stephen R. Covey Greatest Lesson: Take your time picking your team. Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices

Actively Passive Show host Travis Watts has dedicated his career to investing. After years of working in investor relations, reading hundreds of books from expert authors, listening to podcasts, and attending seminars, he’s compiled the top five fundamental tips he has heard again and again from expert investors. Want more? We think you’ll like this episode: JF2382: Cap Rates, Waterfalls, And Preferred Returns | Actively Passive Investing Show With Theo Hicks & Travis Watts Check out past episodes of the Actively Passive Investing Show here! Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices

Ken Gee is a longtime multifamily syndicator who recently started his own fund. Ken tells us what his journey has been like, what he’s learned, and what advice he has for other syndicators looking to make the same transition. Ken Gee | Real Estate Background Founder of KRI Partners, part of the KRI Group of companies, which is a real estate syndication and real estate private equity firm that specializes in the acquisition and management of multifamily apartment assets located in the South. Portfolio: They have completed 16 deals (10,000+ units) worth ~$50M. They invest as LPs in all their deals, and Ken has personally invested in two deals as LP ($100,000). They focus on B/C class value-add multifamily between 100–250 units. They are GP of several syndications and one blind pool fund. They also do some third-party management. Based in: Cleveland, OH Say hi to him at: www.kripartners.com LinkedIn: KRI PARTNERS, Ken Gee Twitter: @kripartners YouTube: KRI PARTNERS Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss  Learn more about your ad choices. Visit megaphone.fm/adchoices

Denver-based Sarah May and Cincinnati-based host Slocomb Reed discuss in-depth how cap rates and population growth impact the way investors operate in their very different respective markets. Sarah May | Real Estate Background Co-founder of Regency Investment Group, which owns and operates apartment communities. Their business model is to buy older properties that are in need of renovation and/or improved management. Portfolio: GP of five properties with over 450 units in Colorado, LP of 1,200+ units Based in: Denver, CO Say hi to her at: www.regencyinvestmentgroup.com Facebook LinkedIn Best Ever Book: The Go-Giver by Bob Burg Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss    Learn more about your ad choices. Visit megaphone.fm/adchoices

Tim Bratz shares his insights on starting a business, starting over, making your time count, and maintaining balance through it all. Tim Bratz | Real Estate Background Previous episode: JF1471: From Credit Card Investment To A $90 Million Real Estate Portfolio with Tim Bratz CEO and founder of Legacy Wealth Holdings, a multifamily and commercial real estate investment company. Portfolio: GP of 4,000+ doors (approx. $400M) Based in: Charleston, SC Say hi to him at: Legacywealthholdings.com Instagram: @timbratz Facebook LinkedIn YouTube Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss  Learn more about your ad choices. Visit megaphone.fm/adchoices

Ben Suttles, managing partner at Disrupt Equity, faced a problem on his deal: there was 80% occupancy, but only 35% of the tenants were paying rent. Add in the crime rates and drug deals that occurred on the property, and he soon found himself having to do massive turnovers to the complex. Ben shares the lessons learned from this challenging deal and how he was able to turn it around for a profitable outcome. Ben Suttles | Real Estate Background Managing partner at Disrupt Equity, a multifamily real estate syndication firm dedicated to providing investors with strong passive income opportunities. Portfolio: Over $200+ million in AUM with 2,000 units across Texas and Georgia LP of 2,500 units Based in: Houston, TX Say hi to him at: www.disruptequity.com Facebook: Ben, Disrupt Equity Instagram: ben.suttles2, disrupt_equity Best Ever Book: Traction: Get a Grip on Your Business by Gino Wickman Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices

How do you create a unique short-term rental that will attract renters? Rich Somers, founder of FortuneCribs, reveals his strategy for creating “Instagrammable” STRs, selecting the right market, and pitching to investors. Rich Somers | Real Estate Background Founder of FortuneCribs, which helps clients buy short-term rentals that they design and manage. Managing partner at Pac 3 Capital, a syndication company that buys multifamily and short-term rentals. Portfolio: GP of 295 units Based in: San Diego, CA Say hi to him at: www.fortunecribs.com www.pac3capital.com Instagram: @rich_somers Best Ever Book: The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It by Michael E. Gerber Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss  Learn more about your ad choices. Visit megaphone.fm/adchoices

What are the advantages of investing in retail over multifamily? Philip Block, Managing Partner for LBX Investments, made the shift from investing in apartments to shopping centers almost four years ago, and currently has $284.5M in AUM. In this episode, Philip details his underwriting process that has helped him close multiple deals. Phil Block | Real Estate Background Managing Partner for LBX Investments, which is a diversified commercial real estate investment firm. LBX Investments has a robust platform that oversees leasing, property management, asset management, construction, marketing, finance, and accounting efforts. Portfolio: $284.5M in AUM (syndicate equity investments — primarily into shopping centers) Based in: Los Angeles, CA Say hi to him at: www.lbxinvestments.com LinkedIn Twitter: @LBXInvestments Best Ever Book: Shoe Dog: A Memoir by the Creator of Nike by Phil Knight Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss    Learn more about your ad choices. Visit megaphone.fm/adchoices

Could your next great investment opportunity be in Orlando, Florida? Travis Watts and guest Stephen Tilton dissect the Orlando market, analyzing its growth potential, demographics, and budding opportunities for both active and passive investors. Stephen Tilton | Real Estate Background Realtor at FLA Real Estate Services, which sources off-market and below market value properties while selling for top market price. Say hi to him at: tiltonteam@gmail.com Facebook LinkedIn Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss  Learn more about your ad choices. Visit megaphone.fm/adchoices