The Best Ever CRE Show

In 2010, Sharad started looking for a source of passive income. That’s how he bought his first investment property. A couple of years later, he built a real estate portfolio that allowed him to quit his job as an accountant and become a full-time investor. His business is now 60% wholesale and 40% retail deals. Now that his business is scaled and streamlined, he started looking for new venues. His company, REsimpli, was built to manage various parts of his business. Now creating a one-stop business solution is his main focus. Having a superstar team allows him to run three successful businesses at the same time. Sharad Mehta Real Estate Background: Founder and CEO of REsimpli.com, a business in a box for real estate investors 10 years of investing experience Portfolio consists of 75 units 90% free & clear and completed 600 deals in the last 10 years Based in Toronto, CA Say hi to him at: www.resimpli.com  Best Ever Book: Book of Joy       Click here for more info on groundbreaker.co  Best Ever Tweet: “The goal is always to keep scaling” - Sharad Mehta. Learn more about your ad choices. Visit megaphone.fm/adchoices

Today Theo and Travis will be making a case for multifamily real estate as an asset class. This episode builds on previous episodes of the Actively Passive podcast that covered various industry reports and showcased in-depth information about the multifamily market. This time, Theo and Travis are explaining why multifamily real estate is a great choice for passive investment in 2021. And while there are many nuances for each market and specific deals, some common indicators show how profitable and secure the multifamily asset class investments can currently be. We also have a Syndication School series about the “How To’s” of apartment syndications, and be sure to download your FREE document by visiting SyndicationSchool.com. Thank you for listening! Click here for more info on groundbreaker.co  Learn more about your ad choices. Visit megaphone.fm/adchoices

In today's Syndication School episode, Theo Hicks shares three valuable tips that will help you maximize your profits and build trust with potential investors. These tips were originally used specifically for the crowdfunding environment. However, they can be easily adapted for raising capital in other ways. To listen to other Syndication School series about the “How To’s” of apartment syndications and to download your FREE document, visit SyndicationSchool.com. Thank you for listening! Click here for more info on groundbreaker.co  Learn more about your ad choices. Visit megaphone.fm/adchoices

From the music industry to IT, and then to real estate, Frank has always been fond of receiving education and learning something new. While working in IT, he picked up a few properties on the side. In 2011, he walked away from the corporate world and became a full-time investor. Back then, he started by utilizing the power of tried and true methods of reaching people such as direct mail and networking. In 2020, people are still happy to share what they do in a casual conversation and get on the phone to discuss a deal, so old tricks do work when used properly.  Frank Iglesias  Real Estate Background: Full-time investor  11 years of investing experience Portfolio consist of several rentals, construction projects, has completed 100s of deals as a wholesaler & flipper  Based in Atlanta, GA Say hi to him at: www.buyinvestmentassets.com  Best Ever Book: Think and Grow Rich       Click here for more info on groundbreaker.co  Best Ever Tweet: “Surround yourself with the best people you can afford” - Frank Iglesias. Learn more about your ad choices. Visit megaphone.fm/adchoices

Like many other real estate investors, Mike started his journey at a corporate 9 to 5 job. His buddy suggested branching out and becoming a landlord. Since then, has Mike grown his portfolio and has now become a property manager. Most of his properties were built before the 1940s, and few construction companies in the area could handle that kind of work. That’s why he opened his own construction company. He now has a nice cash flow coming from these adjacent fields, and his companies are working in synchrony with each other. Mike Bonadies  Real Estate Background: Full-time landlord and owner of Side By Side MRO, a construction company that specializes in pre-1940 construction & property preservation Co-owns TerraVestra Property Management 5 years of construction experience  His personal portfolio consists of 25 units  TerraVestra manages 250 doors, and his construction company works with 600 rental units Based in Sewell, NJ Say hi to him at www.sidebysidemro.com      Click here for more info on groundbreaker.co  Best Ever Tweet: “The system includes more problem-solving in pre-1940s construction.” - Mike Bonadies. Learn more about your ad choices. Visit megaphone.fm/adchoices

John cut his teeth as a traditional real estate broker. He escaped the “hamster wheel” of chasing sales thanks to a mentor who put him on the fast track to investing. That paradigm shift made him see licensed agents as problem-solvers for homeowners rather than just salespeople. Now John teaches real estate agents how to leverage their license into creating 8-10 various income streams as opposed to relying on commission alone. In this episode, he talks about his lead intake process that helps licensees make the most out of their leads. John Chin Real Estate Background:  John and Ron are the founders of Investor Agent Together they have done 2,800 rentals and flip properties (mostly short sales, foreclosures, and REOs) Closed over $260 Million in residential investments He currently manages over 470 cash flow rentals Based in Orlando, FL Say hi to him at www.investoragent.com  Click here for more info on groundbreaker.co      Best Ever Tweet: “You’ve got to look at your listing as just one tool in your tool chest. It’s not the main driver of your business ” - John Chin. Learn more about your ad choices. Visit megaphone.fm/adchoices

Gary Beasley is the Co-Founder and CEO of RoofStock, a real estate investment marketplace. He was a previous guest on episode JF1129 where he shared more of his journey and start into real estate but today he is going to share a sticky situation where he was in the middle of a deal and lost his funding while in the middle of it and only had one month left of cash.  Gary Beasley Real Estate Background: Co-Founder and CEO of RoofStock, a real estate investment marketplace Gary was co-CEO of Starwood Waypoint Residential Trust - which owned and managed 15,000 single-family rentals A previous guest on episode JF1129 Based in Oakland, CA Say hi to him at www.roofstock.com  Click here for more info on groundbreaker.co  Best Ever Tweet: “It’s amazing how resilient our industry is, especially after COVID19” - Gary Beasley         Learn more about your ad choices. Visit megaphone.fm/adchoices

Gary’s father’s death pushed him into the real estate investment path. In 2007, he emigrated to Canada from the UK, and that’s when he got serious about doing real estate full-time. Utilizing his electrical engineering background, Gary became an owner and a contractor of several single-family properties. Through joint venturing, he managed to create a portfolio, eventually refinancing and moving on to a different phase of his life. Gary Spencer-Smith  Real Estate Background: A full-time investor for the past 8 years 20 years of investing experience The portfolio consists of 24 single-family homes, 5 cabin holiday resort, 110 person restaurant, houseboat, and converted a 24,000 sqft dealership into offices, storefronts, storages, and a warehouse, Based in British Columbia, Canada Say hi to him at: www.revnyou.com  Best Ever Book: Sapiens       Click here for more info on groundbreaker.co  Best Ever Tweet: “I looked at what real estate could do for my life, and that was like a switch.” - Gary Spencer Smith. Learn more about your ad choices. Visit megaphone.fm/adchoices

Today Theo and Travis will discuss the importance of thinking about the exit strategy before entering a deal. In a way, this is not the topic that gets covered often since most investors are not thinking ahead far enough. However, selling the asset is a vital part of the investment process. Travis gives an example of how something that looks like a great buy at first can turn out to be a lemon if nobody wants to take it off your hands. And just because a property is at a great acquisition point, it doesn’t mean that you should jump into the deal. We also have a Syndication School series about the “How To’s” of apartment syndications and be sure to download your FREE document by visiting SyndicationSchool.com. Thank you for listening! Click here for more info on groundbreaker.co  Learn more about your ad choices. Visit megaphone.fm/adchoices

In today's Syndication School episode, Theo Hicks shares some of the best practices used by Ted Greene, the Investor Relations Manager of Spartan Investment Group. Theo shares several techniques that’ll help you build trust and form a relationship with potential passive investors. Many syndicators have been in the business for such a long time that it’s hard for them to put themselves into the shoes of someone who’s looking to become a limited partner for the very first time. And while numbers are of immense importance, one shouldn’t underestimate the power of human connection when sealing the deal. To listen to other Syndication School series about the “How To’s” of apartment syndications and to download your FREE document, visit SyndicationSchool.com. Thank you for listening! Click here for more info on groundbreaker.co  Learn more about your ad choices. Visit megaphone.fm/adchoices