The Best Ever CRE Show

We’re throwing you a curveball today, neither of our usual hosts are on this episode. We do have two outstanding real estate investors and fellow podcast hosts (bios and podcasts below) with us to share what are the biggest challenges they’ve faced, and what they would tell their younger selves as they were starting this journey. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Done is better than perfect” - Whitney Sewell Ryan Cox Real Estate Background: Founder and principal of Founders Grove Capital Has raised and structured equity for over $300 million in multifamily assets Host of the podcast The Real Estate Innovators Based in Austin, TX Say hi to him at https://www.foundersgrovecapital.com Whitney Sewell Real Estate Background: Began real estate journey in 2009, now syndicates apartment communities, giving 50% of profits to help children get adopted Host of The Real Estate Syndication Show Based in Roanoke, VA Say hi to him at https://lifebridgecapital.com/ How great would It be to buy a piece of institutional-quality, income-producing commercial buildings?  Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Anna and her team have been on fire in the past six months! We get a lot of insight from her today; not only on the success and lessons learned from the past six months, Anna also shares her story of getting to where she is now over the past decade or so. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “If your rent comps are not correct, your whole deal falls apart” - Anna Myers Anna Myers Real Estate Background: Vice President at Grocapitus, a commercial real estate investment company Applies her 20+ years of experience in technology and business to the finding, analyzing and acquiring of Commercial properties in key markets across the U.S. Based in San Francisco, CA Say hi to her at https://multifamilyu.com/ Best Ever Book: Best Ever Apartment Syndication Book How great would It be to buy a piece of institutional-quality, income-producing commercial buildings?  Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Today’s show features a guest whose main focus with his career is helping teams and businesses grow. Danny shares his best advice on the topic with us today, you may be surprised to learn that team culture is often the biggest area of concern for Danny as he starts working with teams. How do you build an excellent team? Tune in to find out. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “As a leader, you have to make the people feel like they are your priority” - Danny Coleman Danny Coleman Real Estate Background: Has been working for small teams and businesses since he was 14 years old He has a passion for small businesses and helps owners grow their businesses He was COO of a real estate development firm for four years Based in Columbia, TN Say hi to him at www.DannyColeman.me/podcast Best Ever Book: Can't Hurt Me: Master Your Mind and Defy the Odds by David Goggins How great would It be to buy a piece of institutional-quality, income-producing commercial buildings?  Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Our guest today was a real estate investor first, then fell in love with marketing. Quite the opposite of the typical story we hear on the show, typically our guests fall in love with real estate investing and switch careers to real estate. Joe is still heavily involved in real estate, now he helps investors and/or agents connect with great leads through his marketing company. They go a step further for their clients, rather than being a lead provider, they are an appointment provider. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “The ROI that you will receive by investing in the marketing and sales side of your business is exponentially higher than any ROI you will ever get from anything else” - Joe Giglietti Joe Giglietti Real Estate Background: Host of The Billions In Real Estate Show & Founder of Exponential Referrals, a digital marketing agency Working to refer $1 Billion in real estate this year Based in Melbourne, FL Say hi to him at www.exponentialreferrals.com Best Ever Book: The Snowball How great would It be to buy a piece of institutional-quality, income-producing commercial buildings?  Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Ryan recently partnered up with some people and bought their first mobile home park. We’ll hear all about how he found the partners, how they structure the agreement, and how they defined the roles. Beyond the partnership, Ryan and Joe will dive into the deal itself so we can hear about an asset class that we don’t typically hear about on this podcast. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “In the mobile home business, you have to bring in the homes” - Ryan Groene Ryan Groene Real Estate Background: Now a full time Mobile Home Park Owner and Operator that has honed his skills over the last 3 years while working full time in Finance Oversees 8 parks spread across 500 spaces Based in Cleveland, OH Say hi to him at ryan.groene55ATgmail.com Best Ever Book: Capital Gains by Chip Gaines How great would It be to buy a piece of institutional-quality, income-producing commercial buildings?  Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Chris is a principal in the National Tax Office of CliftonLarsenAllen, and is here today to tell us about a new deduction that can save real estate investors thousands of dollars in taxes. Also known as the pass-through deduction, Chris will give us the details on the the deduction and we’ll have a better understanding of if we can take advantage of the deduction. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!   Best Ever Tweet: “If you don’t have employees you can also look to another factor on the amount of depreciable property that you have in your rental” - Chris Hesse Chris Hesse Real Estate Background: Principal in the National Tax Office of CliftonLarsonAllen Authority on the recently enacted tax reform, the SEC 199A deduction Based in Richland, Washington Say hi to him at www.claconnect.com How great would It be to buy a piece of institutional-quality, income-producing commercial buildings?  Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Danny has been on the show before, but has ventured into a new field to share with us today. He decided to start writing a series of kids’ books about the wealth lessons he has learned along his real estate journey. No doubt that teaching children money and wealth lessons early can have a tremendous impact on their future, as it did for Danny at the age of five. So tune in to hear ideas on educating our children, or even check out Danny’s book after the episode! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Make sure if they do get a birthday present or earn a little extra money running a lemonade stand, that they always take care of it and have a special place to keep it” - Danny Randazzo Danny Randazzo Real Estate Background: Preciously a financial consultant, now an investor and owner of Randazzo Capital, they focus on 150+ unit MF properties Owns $130,000,000 of real estate Check out his new children’s book here: https://www.amazon.com/Lost-Wallet-Wealth-Lessons-Kids/dp/173376660X/ref=sr_1_fkmrnull_1?keywords=the+boy+who+lost+his+wallet&qid=1552506731&s=gateway&sr=8-1-fkmrnull Listen to his previous episodes: JF961: House HACKING Bay Area to a $1MM Commercial Building JF1447: What To Look For When Vetting A Potential Partner #SkillSetSunday with Danny Randazzo Based in Charleston, SC Say hi to him at http://www.investwithdanny.com/ How great would It be to buy a piece of institutional-quality, income-producing commercial buildings?  Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Follow Along Friday time! Today, Joe is joined by Ellie Perlman who is also a multifamily syndicator and podcast host. Ellie covers keeping an open mind and tells us a story about a deal she recently closed on, had she stuck to her traditional strategy and not been open minded, she wouldn’t have closed the deal. Joe then answers a listener question about how they can take some capital they have and leave their job, surviving off of real estate investing only. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Don’t quit your job, start doing it on the side and see if you like it” - Ellie Perlman Ellie Perlman Real Estate Background: Founder of Blue Lake Capital Portfolio of $65 million in multifamily properties Host of the podcast That REllie Happened? Say hi to her at https://www.ellieperlman.com/ How great would It be to buy a piece of institutional-quality, income-producing commercial buildings?  Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Steve is a long time attorney who specializes in private offerings and securities. A huge insight he drops on this episode, state securities agencies are like profit centers for state governments, and one of the easiest ways for them to make money is go after anyone who didn’t follow security laws. That is an eye opener, and gives you a great idea of what you are up against. You may also be surprised to learn that a lot of investors are actually offering a security, not filing with the SEC, and could get in some trouble because of that. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “The consequences of violating securities law are astronomical” - Steve D. Rinaldi Steve D. Rinaldi Real Estate Background: Attorney specializing in private offerings of securities Has handled private offerings of securities for 29 years Based in Bethesda, MD Say hi to him at http://stevenrinaldilaw.com/ or (240) 481-270six Check out his services for syndications & private placement deal sheet http://bit.ly/2UKSRo7   How great would It be to buy a piece of institutional-quality, income-producing commercial buildings?  Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/   Learn more about your ad choices. Visit megaphone.fm/adchoices

Kris has an interesting story we’ll hear on this episode, how and why he turned to real estate after a career in sales. The biggest reason for him was to quit trading his time for money and spend more time with his family. So how did he do it and how can you learn from his story and apply it to your own life? Tune into this episode to hear how he transitioned into real estate, we’ll also hear how the company he works for has become one of the 30 top commercial self storage operators. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “At some point you gotta get in it, you’re gonna make mistakes, but if you don’t jump in, you’ll never move forward” - Kris Benson Kris Benson Real Estate Background: CIO for Reliant Investments, a subsidiary of Reliant Real Estate Management Reliant Real Estate is one of the top 30 commercial self storage operators in the U.S. Based in Saratoga Springs, NY Say hi to him at www.reliantinvestments.com Best Ever Book: The Alchemist How great would It be to buy a piece of institutional-quality, income-producing commercial buildings?  Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ Learn more about your ad choices. Visit megaphone.fm/adchoices