The Best Ever CRE Show

After watching his parents’ single-family investments crash during the 2008 recession, Tim Krause swore off real estate. Years later, after many career switches, Tim finally came across land investing, and ever since he’s been all in. Tim shares why you should invest in land, along with the tips and tricks that helped him kickstart his business and continue to grow his portfolio. Tim Krause | Real Estate Background Manager of Done with Land, which does direct mail buying and selling of land. Portfolio: 30 acres of oyster fields Has bought and sold over 50 properties Full-time land investor for the past two years Based in: Tacoma, WA Say hi to him at:  investmentscrafted.com  info@investmentscrafted.com LinkedIn Best Ever Book: $100M Offers: How To Make Offers So Good People Feel Stupid Saying No by Alex Hormozi 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 much importance should a cap rate have when analyzing a new deal? Today, Travis teaches us how to analyze a cap rate, and then how to determine how much weight this metric should hold when looking into a new investment opportunity.   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 more 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

Veteran Joe Riley saw an opportunity in the market when he rented his home while on deployment: creating temporary housing for families near military bases. Now with over 300 properties, Joe has continued to grow his portfolio to fit this overwhelming need for military housing. Joe talks about how he created Patriot Homes and how to scale your short-term rental portfolio. Joe Riley | Real Estate Background Founder of Patriot Family Homes, a veteran-owned company that meets the need for short-term housing near military bases. Portfolio: Owner of 300+ properties. Prior to starting this company, Joe was a Captain in the Army, having multiple overseas deployments, and previously served on the National Security Council at the White House. Based in: Chattanooga, TN Say hi to him at: www.patriotfamilyhomes.com Best Ever Book: The Politics of Diplomacy by James A. Baker III 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

Does networking online really work? How do you make sure you stand out? Vish Muni, Founder of PGL properties, reveals the tips and tricks that have helped him excel at networking to find new deals. He also discusses what he looks for in an operator and reviews his latest deals. Vish Muni | Real Estate Background Founder of PGL Properties, a multifamily firm that syndicates Class B and C properties. Portfolio: GP of 432 units. LP of 695 units. Based in: Belton, TX Say hi to him at: www.pglpropertiesllc.com Instagram: munivish Linkedin: linkedin.com/in/vishmuni Best Ever Book: Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes by Tom Wheelwright 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 if you could simplify the complex strategies of investing? Chris Larsen, Founder of Next-Level Income, shares how you can create a basic and repeatable method to streamline your business. He also discusses mindset hacks and how to form a clear vision for your future. Chris Larsen | Real Estate Background  Previous episode: JF2370: The Challenges Of Starting And Scaling A Syndication With Chris Larsen #SituationSaturday Founder and Managing Partner of Next-Level Income, Portfolio: GP of 3,000 doors. LP of 15 properties. Based in: Asheville, NC Say hi to him at: www.nextlevelincome.com 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

In part two of our interview with Glenn Kukla, CEO of Kukla Capital Partners, Glenn answers audience questions about pivoting his business during the 2008 recession, the most creative ways he’s found deals, and his ultimate strategy for networking. Glenn Kukla | Real Estate Background CEO of Kukla Capital Partners, a real estate development company and investment fund. Portfolio: $4M in net value. Over $50M in real estate projects he has developed and/or financed. Grown and privately held his investment fund over 40% annually since 2009. Based in: Cincinnati, OH Say hi to him at: LinkedIn Listen to part one of this series here: JF2729: 2 Effective Ways to Work with Lenders During a Recession ft. Glenn Kukla 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

Are you getting good advice from your insurance broker? Do you have the right coverage for your properties? Insurance broker J.T. Lynch reveals five common mistakes investors make when dealing with multifamily insurance, and how to properly select and dissect a plan. J.T. Lynch | Real Estate Background Broker at Ramey King Insurance, which is a full service, private insurance agency. They have specialized in multifamily insurance for over 35 years nationwide. 4 years of RE experience. Based in: Denton, TX Say hi to him at: Rameyking.com jtlynch@rameyking.com LinkedIn Best Ever Book: The Richest Man in Babylon by George S. Clason 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

You’re offered a deal that will double your investment. Sounds good, right? But there’s a drastic difference between having your money doubled in three years versus 15 years. Today, Travis Watts shares the time value of money and how to calculate if the returns on a deal will fit in with your desired timeline. Want more? We think you’ll like this episode: JF1957: Save Time & Make Money By (Smartly) Putting Your Money To Work with Dan Kryzanowski Check out more 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

How do you pursue sellers who are on the fence about selling their property? Akam Ahmedi, co-founder of Invest Capital, shares his successful follow-up strategy that has helped him close on three multifamily properties, one of which took two years to close. Akam divulges how he found these off-market deals, along with the details of these properties. Akam Ahmedi | Real Estate Background Co-founder of Invest Capital, which specializes in acquiring off-market opportunities by going direct to seller and buying properties at highly favorable prices and terms. They value-add Class A and B areas, aim to refinance within two to three years, and give their investors their original principal back. Portfolio: GP of 240 units; $30M in AUM. Five years of real estate experience — entered multifamily one year ago. Based in: Washington, D.C. Say hi to him at: www.investapts.com | Socials: https://shor.by/xiOM Click here to learn more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss  Learn more about your ad choices. Visit megaphone.fm/adchoices

After spending 15 years focused on single-family properties, Marcus Long took the leap to enter multifamily as a passive investor. Fast forward, and he now is General Partner of 183 units and Limited Partner of 215 units. In this episode, Marcus shares the challenges he faced when transitioning from single-family to multifamily and how he achieved his success. Marcus Long | Real Estate Background Founder of Long Legacy Capital. He primarily focuses on 100+ unit Class B/C value-add properties with project scopes that allow for cash flow to commence in the first year and currently plan for 3-7 year hold periods. Portfolio: GP of 100-unit in Pryor, OK; 75-unit in College Station, TX; and an 8-unit (short term rental conversion) in Arlington, TX. LP of 24-unit mobile home park in Canon City, CO; 103-unit in Mobile, AL; and 88-unit in Tulsa, OK. Based in: Cheltenham, England Say hi to him at: www.alonglegacy.com | IG: @alonglegacyrei Best Ever Book: The Hands-Off Investor by Brian Burke Click here to learn more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss  Learn more about your ad choices. Visit megaphone.fm/adchoices