Passive Income Through Multifamily Real Estate

The market crash of 2008 had broad economic impacts that placed livelihoods under pressure. The plunging market caused people to reconsider their career paths and seek alternative sources of income. Today’s guest, Don Spafford, was originally in finance and focused on investment securities; however, the market crash forced him to contemplate his career trajectory. He ultimately found his way into real estate investing, starting with a humble portfolio that has grown exponentially over a short period of time. In this episode, we uncover Don’s secret to success and discuss his real estate investment career. We talk about the moment he realized that real estate investment was worth the risk, how he was able to purchase his first property with very little capital, and how real estate got him interested in commercial property. We learn about his approach to risk aversion, details of how Happy Campy Capital operates, the benefits of investing in a campground or RV park, and how he monetizes campgrounds. Hear insigh

Many real estate investors' goal is to transition from part-time turnover to full-time passive income. Our guest today retired from the Marine Corps and is now a full-time apartment investor. Brian Briscoe is a member of the Streamline Capital Group, the Director of multifamily investing community, The Tribe of Titans, and the host of the Diary of an Apartment Investor podcast. In this episode, Brian shares his advice for evaluating potential general and/or operating partners and breaks down the value of the CEO structure. We learn about his entry into real estate, the respective goals of his various endeavors and how he manages them all concurrently, and his advice for aspiring apartment building sponsors. Tune in for insight into the state of investors today and Brian’s philosophy on action-based faith.Key Points From This Episode:Introducing full-time apartment investor, Brian Briscoe.Brian’s marine corps background and introduction to real estate.How he got into multifamily and his activity in the ma

Our guest today on the podcast is Jeff Greenberg, the CEO of Synergetic Investment Group, SIG. Through his SIG wealth fund, a diversified and customized equity fund, SIG provides the opportunity for high-net-worth individuals to passively invest in commercial real estate with best-in-class commercial deals and syndicators. As listeners join in, they’ll hear from Jeff about how he got into real estate and why he went into creating a fund. He shares with us the different opportunities associated with his fund, then talks about how to identify and find new sponsors. We touch on the impending recession and how it is affecting investor needs. For all this and more, tune in to the Passive Income Through Multifamily Real Estate podcast now!  Key Points From This Episode:We hear Jeff’s high-level story about getting into real estate.Why and how he got into creating a fund.Why flexibility is a key tool to have in your toolbox.Jeff talks about the SIG Wealth Fund; what it is and how it’s structured.Why a customizable f

From humble beginnings and short-term paralysis to full health and a seven-figure salary! That is the journey of today’s guest, real estate investor and Airbnb coach, Jorge Contreras. Jorge overcame his troubles of the past and used determination, discipline, and an insatiable will to learn to retire at 29 and become a millionaire the next year!  He walks us through how he became an investor and pays close attention to what pulled him toward Airbnb, before detailing what was going on in his mind when he made his first major investment of $35,000. We discuss the differences between Airbnb subleasing and arbitrage, how to approach landlords to sublease their property, how Jorge chooses his investment locations, the tenants he typically encounters, and why his single-family-home business model is a recipe for success. In the panic surrounding the imminent recession, our guest explains why Airbnb is still a winning bet, although you must have the mental fortitude required to take full advantage of this unique eco

Qualified opportunity zone funds boast the incredible benefit of possible tax-free returns, and joining us today to share more on the topic is mortgage banking juggernaut, entrepreneur extraordinaire, life-coach, speaker, and Co-Founder of Cyrus Opportunity Zone Fund, Mike Hardy. Mike has over two decades of experience in securities, mortgage banking, and fund management, managing over $500 million in annual funding volume, and he tells us exactly how he found his way to mortgage banking. Then, we discuss his fears around the impending recession, why he believes that the housing market will not crash, what a qualified opportunity fund (QOF) is, and what his company does, with a close examination of the mechanics behind investing in a QOF. Mike explains the products that his company offers, its target market and ideal investors, and why it will probably add a debt service to its offerings in the near future. We end this inspirational, informative episode with our guest sharing his secrets to success of being a

Successfully unemployed at 37, our guest today, Dustin Heiner, is on a mission to help everyone successfully quit their job. Through his various channels, including his company and best-selling book, Dustin has become one of the leading experts in real estate helping students become successfully unemployed! As you tune into this episode of the Passive Income Through Multifamily Real Estate podcast, you’ll hear from Dustin about what shoved him into becoming a real estate investor and the concept of being unsuccessfully unemployed. He shares with us why now is the best time to invest, why he’s involved in side hustles, and what the most important characteristics are for becoming successfully unemployed. He leaves listeners with advice on why buy, hold, and cash flow is the best way to go!Key Points From This Episode:Dustin shares his personal journey towards being successfully unemployed.What shoved him into becoming a real estate investor. Dustin talks about the concept of being successfully unemployed. The t

Just a few years ago, Zack Boothe was cleaning windows for a living. Today, he lives his dream as a real estate investor making over a million dollars per year and helping others to see how simple it is to make money from real estate. He is here today to share his insider’s secrets to finding massively discounted properties, regardless of your experience level. Tune in to hear his story of finding wholesaling success through the game-changing resources and relationships he found along the way. There is a lot to learn from this inspiring industry leader, who attributes the mindset that led to his success to his upbringing, having become independent at the age of 16. Hear what motivated him to make the changes that led to his success, why wholesaling is such a low-risk avenue, and learn from his experience of the 40 Day Challenge. Get some insight into the simple rules that guide his decision-making, what he envisions for the next three years and more. Thanks for tuning in! Key Points From This Episode:An intro

Valerie Shirah is a mom who homeschools her three kids and manages multiple businesses. Today she joins us to share how the services of a virtual assistant help her to juggle her many responsibilities. In this episode, she explains how her husband’s Parkinson’s diagnosis first led her into the world of real estate investment, how she discovered the value of using a virtual assistant, and why she is now so passionate about helping other investors manage their time and experience massive growth through the use of virtual assistants. She explains how her company, The Streamline Team helps people identify where a VA may be able to lighten their loads, how VAs can help with capital raising and social media management, and some of the best practices for working with a VA. She also talks about how to overcome the struggles of letting go and trusting someone else with an important aspect of your business, something entrepreneurs commonly struggle with. For all this and more, tune in today!Key Points From This Episode

It is time to understand what it means to actively own and walk the process of having units, not just use your investments as boasting rights and career leverage. Charles Dobens, a multi-family investor, explains how he successfully built a law practice, why felt drawn to create a coaching program, and how the 2008 financial crisis paved the way for his journey. Having started his career in investment at the very bottom, Charles recalls the struggles, successes, and failures that got him to where he is today. He gives advice on how to retain your investors and manage brokers, why every business requires capital, and some free (but very useful!) coaching tips. If this episode doesn’t inspire you to start taking action, get hustling, and stop being a spectator, nothing will!Key Points From This Episode:How Charles began investing in multifamily units.Why he ended up studying at law school.When he decided it was time to start investing in property (and how he did it!).The lessons Charles learned with his first i

When the financial crash hit in 2008, it was a huge shock for the country. Similarly, the COVID-19 pandemic was an unanticipated (and unprecedented) event, the effects of which continue to be felt by the entire global economy. The current economic downturn that we are experiencing, however, is somewhat different as it is something that has been predicted for months, giving us more time to adapt and strategize. No one is more aware of this than today’s guest, Jeff Davis, whose work for a global logistics firm has given him unique insight into how changes in global supply and demand are impacting the global economy. We chat with Jeff about his history in sales, why passive income through multifamily real estate doesn’t need a hard sell, and what he has learned from investing in real estate. Jeff also shares his resistance to social media and how he found an assistant that could help him put his business out there. To learn more about Jeff's career and how he is achieving his goals, make sure you tune in to

Our goal is to help you get educated on how to create passive income for you and your family, using real estate as your vehicle. Joining us in conversation today is Ethan Gao, a real estate investor and key principal, where he guarantees loans and provides interim capital. During our conversation, he tells the story of leaving his career in the legal profession and realizing that he could make money by simply signing on loans. Hear why he became a life insurance agent and why he places so much value on having a good team. We explore what Ethan has learned along the way, why there is a growing need for creative financing, and what he requires from people before supporting their financial process. Ethan also partners with his financial adviser, Luke, and together they own portfolio companies. Join us to hear some powerful insights from Ethan’s experience that you can learn from today! Key Points From This Episode:Background on today’s guest, real estate investor and key principal, Ethan Gao.The story of how he

Today on Passive Income Through Multifamily Real Estate, we are joined by CEO and Founder of Reunion Investments LLC, Solomon Floyd. Solomon is a real estate investor and developer who focuses on real estate investing in tertiary markets. His experience in real estate and business guides him to develop communities that are often ignored due to their size and lack of infrastructure. This approach has led investors to extremely profitable returns, and a better understanding of fostering the right economic conditions for market growth. As you’ll discover in today’s episode, Solomon’s previous military experience informs his approach to improving the lives of current service members and their families, while enabling investors to build passive wealth, leverage portfolios of holdings, and service America’s communities. Tuning in, you’ll gain some insight into Solomon’s vertically integrated business model, how he evaluates tertiary markets, and where he typically sees developers failing in these markets, as well a

Having trouble finding quality leads for your real estate business? Want to learn how other investors connect with accredited investors from around the globe? Trevor Oldham can help! Trevor is the Founder and CEO of Podcasting You, the leading podcast booking agency for real estate investors. He launched Podcasting You in 2017 after he saw a need to help exceptional real estate investors like you share their stories on top-rated podcasts. To date, Podcasting You has worked with investors from all real estate product types to help them raise capital, generate more exposure, and increase their networking opportunities. Listening in, you’ll not only learn how guests can optimize their interviews and provide value for listeners, but how being a guest will improve your overall business, plus a whole lot more! For a true value-add conversation that is full of actionable advice, make sure to tune in today.Key Points From This Episode:The high-level origin story of Podcasting You.Insight into Trevor’s business model

Breaking into the world of real estate requires initial capital to begin your investment journey, creating a barrier for many people. But what if there was a way to get around the capital you need to get started? In today’s episode, we speak to Matt Porcaro, creator of The 203k Way, a community dedicated to helping you leverage the 203k loan in order to take your first step to becoming a real estate investor. Matt spent years trying to enter the real estate market, and through trial and error, he heard about a government-backed renovation loan that catapulted him into real estate investment success: the 203k loan! In our conversation, Matt unpacks the intricacies of the loan and how it can be leveraged by first-time buyers or investors. We learn how Matt found out about the loan scheme, the various requirements to qualify for the loan, and the various ways it can be leveraged. We also find out how to avoid defaulting on the loan, why a Limited Liability Company is not a good option for first-time buyers, and

Shifting over to multifamily real estate may not be as huge a leap from your current profession as it may seem. Our guest today has an extraordinary career background, and in this episode, he shares how the basic operational skills he gleaned in his previous endeavors cross over seamlessly into the multifamily space. K. Trevor Thompson has over 47 years of entrepreneurial experience and, in the realm of real estate, has invested in over 20 properties as a limited partner and carried out two syndications as a general partner. In a personal capacity, his investments in apartments exceed 1,250 units! Today, we get some insight into how he became so incredibly diversified in terms of property types, as well as how he approaches networking and selecting who to partner up with and strike deals with. K. Trevor Thompson is committed to learning while earning; tune in to hear how best to educate yourself and make lasting connections! Key Points From This Episode:K. Trevor Thompson’s extraordinary career background and

Wholesaling is anything but a widely understood aspect of the real estate business. Joining us today to break it down is multifamily investor and former airline pilot, Satch Bernhardt. Satch’s airline shut down during the pandemic, but fortunately, his livelihood was secure as his real estate company, Bernhardt Capital, was already in full swing. In this episode, we learn about the fragility of the airline pilot career and Satch’s mission to provide his peers with financial freedom. Satch fills us in on the viability of wholesaling in a cooling market and what he includes in his contracts to evade risk. Tune in to hear Satch’s insights and real estate-related philosophies, as well as advice for first-time capital raisers seeking an operator, and vice-versa! Key Points From This Episode:Introducing multifamily investor and former pilot, Satch Bernhardt.Satch’s path to becoming a pilot.What led him to start his real estate company, Bernhardt Capital.The impact of COVID on pilots and Satch’s aim to provide his p

When the COVID-19 pandemic first resulted in highly restrictive lockdowns around the world, the global economy could not be shielded from its effects. Similarly, the current economic climate has been made especially volatile by significant world events such as the war in Ukraine, rising inflation, and a looming recession. All of this has also had an undeniable impact on the real estate market. Today on the show we welcome Mark Khuri, Vice President and Co-Founder of SMK Capital Management to discuss the pivots his company has made to ensure that their investments can withstand the dramatic ups and downs of the market as well as a potential recession. Tuning in you’ll learn how Mark first started his career in real estate over 17 years ago, and why he loves being involved in all facets of investing, including acquisitions, raising capital, renovating and managing properties. Mark also expands on his passion for social housing, why it’s an excellent investment, and what SMK Capital Management looks for in their

Being a successful real estate broker should not stop you from managing and caring for your portfolio of investments, especially as you grow in stature in the field. Today's guest, Canovo Capital's CEO and Founder, David Robinson, took some time to realize that he needed to make space to invest for himself too, and in this episode, we hear from him about exactly what that has meant. Canovo is a boutique real estate investment firm situated in Salt Lake City, and our guest is also the host of The Lead Sponsor podcast, where he helps to educate his audience on making better deals and partnerships. In this insightful conversation, we get to hear from David about understanding the values of your potential partners, managing the criteria you use for evaluating opportunities, and nurturing your relationships with investors through the different seasons of the market. So if you want to take your brokering, deal hunting, and personal investment to the next level, press play!Key Points From This Episode:Davi

Welcome to another episode of Passive Income Through Multifamily Real Estate! Today we are joined by the incredible founder of the Casmon Capital Group, John Casmon to discuss all things investment! John has had an extensive career; from marketing for massive corporate companies to sharing knowledge with people wanting to invest in real estate. Tuning in, you’ll hear all about John’s career, his company Casmon Capital and what they are currently focused on, and the company’s two-pronged approach. We delve into the importance of controlling the exit, finding a good balance between cash flow and appreciation, and why a brand is defined by other people. John gives the best possible explanation of an investor avatar and shares amazing advice on how to create one specific to your needs and why having one is essential. Finally, John tells us where he sees Casmon Capital Group in five years before sharing invaluable advice with listeners. You don’t want to miss this conversation!Key Points From This Episode:Introduc

Today’s episode is the second half of a two-part series on property management companies. In part two we’ll be focusing on smaller properties, namely ones that contain under 100 units. Here to help us unpack this fascinating topic is Anthony DeAugustine, the owner of Avant Garde, where he serves as president along with doing the hands-on work of being a designated broker. Tuning in you’ll hear Anthony give an overview of Avant Garde’s offers, how they help their clients invest, and learn how the needs of owners have shifted in response to macroeconomic trends. Anthony explains some of the trends he’s seen over the past few years, including how his clients have diversified their focus to include syndication. We also discuss how Avant Garde helps its clients break into the Phoenix market, how you should approach renovations to optimally drive traffic, and why you need to maintain and improve your customer service as you upgrade your property. For a deep dive into property management companies that focus on smal