Passive Income Through Multifamily Real Estate

Among the many areas of the real estate investing business is the vital one regarding asset protection and how to safeguard against the many dangers that you may encounter. Joining us on the Passive Income Through Multifamily Podcast today is Brian Bradley, from Bradley Legal Corp., to explain the necessary steps that investors should be taking based on the size of their businesses and portfolios. We get into a helpfully detailed discussion on what Brian calls the different layers of protection, looking specifically at LLCs, limited partnerships, and asset protection trusts. He also explains the 'ECCC 'acronym, of Effectiveness, Cost, Control, and Compliance. As the senior managing partner at Bradley Legal Corp., Brian oversees the protection of over five billion dollars worth of assets, and in our conversation, we are lucky enough to tap into the kind of gained wisdom that this kind of experience provides. We also hear from him about why a hybrid version of a trust is often the best route to go for

Welcome back to part two of our conversation with Mike Morawski, a 30-year real estate investment veteran who has had control of over 285 million dollars in real estate transactions, entrepreneur, author, real estate trainer, public speaker, and personal coach. He has also served a 10-year prison term in a federal penitentiary. Join us today to hear how defining moments in his life helped him to move forward and inspire others to do the same. He believes that people are trapped in their own prisons of addiction and abuse, and that the same principles that empowered him to make the most of his time behind bars can help others to turn their lives around. We touch on faith and family before he gets candid about learning to forgive himself and others through the power of understanding scripture. In closing, he offers advice to those navigating the sometimes troubled waters of real estate, reminding listeners that a career is a marathon, not a sprint! Thanks for tuning in.Key Points From This Episode:Introducing o

Weathering the 2008 market crash is no mean feat, and some fared better than others. Talking to us today about the hurricane he faced when the recession began, and the lessons he learned from the process, is entrepreneur, author, real estate trainer, public speaker, and personal coach, Mike Morawski. Mike started his professional career as a pool contractor, but through a series of events, transitioned into real estate in the early 2000s. We find out how he learned all he could from those who had succeeded, and why he prefers diving right in instead of dipping a toe. We hear how Mike moved from residential real estate into syndicates, and the techniques he used to raise capital and recruit investors. Mike also gets candid about the five big mistakes that he made when building the portfolio: growing too fast, being undercapitalized, being overleveraged, not paying attention to the red flags, and finally, not listening to those close to you. From helpful advice regarding being upfront, and paying attention, thi

Welcome to another episode of Passive Income Through Multifamily Real Estate. Joining us in conversation today is Tom Laune, founder of Bulletproof Wealth. Tom kicks off our conversation by giving us an overview of how banks make money and why that is important, before he gives us a definition for another way to process your money: infinite banking, which originated in Austria. He tells the story of losing his high-frequency hearing while working in the music industry, which sparked his realization that it’s so important to protect your livelihood. It was also through this experience that he learned the importance of moving forward one step at a time. Tom’s message comes down to the fact that you have to trust the person you are investing with, and he points us in the direction of a free resource he provides on his website, videos to guide your decision-making and help you to self-educate. In closing, he reminds listeners that changing the way you manage your finances is a process, and it’s not about the rate

Passive income is fast becoming an ideal investment strategy in real-estate and property sectors. However, passive investments can be complicated and overwhelming to first-time property investors and stopping people from taking full advantage of the approach. In today’s episode, we tackle this issue with Becca Hintergardt, who is a multi-family investor who specializes in apartment buildings and development of passive income using real-estate. The passive investments are what Becca believes has provided her not only financial freedom, but a better quality of life as well and her aim is to educate as many people as possible about using real-estate as a vehicle to develop passive income. Today, Becca discusses the challenges and opportunities in property development particularly in countries outside of the United States like Costa Rica and highlights her experiences living there, as well as the benefits that come with travel and a healthy lifestyle.Key Points From This Episode:An explanation about Becca’s backg

Juan Vargas is the host of the Commit To Wealth Podcast. He is a full-time entrepreneur and real estate investor with a focus on multifamily.  His family is the main motivation and reason for everything he does. His wife Nataly and 3 boys Andrew, Aaron, and Matthew are what drive him to push every day.  Juan began educating himself in real estate and the many ways it allows you to create passive income. Within a few months he purchased his first rental property. Two years later he had built his portfolio to 34 units. He now has invested in over 1,300 units as a limited partner, individual owner, and general partner and created enough cash flow to enjoy those little things in life that matter most to him.Connect with Juanjuan@genwealthcapital.comGarzella Group

Trina Piceno serves as the Chief of Operations with WR Property Management, a full-service property management company servicing the Northern California East Bay and surrounding areas.  As the COO, WR Property Management has become the go-to team in repositioning hard-to-manage areas and has done so while earning the Silver and Gold awards recognized by the Best of Brentwood.  Serving within Asset Management, Trina specializes in recognizing undervalued assets and working through the diligence, logistics and realistic budgeting necessary to maximize the assets cash flow and reposition feasibility.  Trina has been working in the Property Management field for over 9 years and has been working with investment owners at high volume for 7 of those with WR Property Management.  Trina and her team have successfully repositioned 109 Units over the past 2 years and currently controls 82 doors as a General Partner.Connect with TrinaFacebook – Trina PicenoGarzella Group

Mauricio Ramos Mauricio is a full-time real estate investor, both actively and passively.  He has 10 years of experience as a Construction Project Manager for large General Contractors in Texas.  Mauricio has invested in 502 units in Texas and currently controls over $1.7 million in multifamily assets.  He has a strong team behind him, and a student of Brad Sumrok’s.Connect with Mauriciomauricio@demedicigroup.comwww.demedicigroup.comGarzella Group

Scott Ringlein is the founder and CEO of The Energy Alliance Group of North America (EAG). Raised as a farmer, educated as an engineer, and trained in the auto industry, Scott never thought his “automotive” career would end. But it did and led to the creation of a company that develops solutions to what many say is impossible.....making our world more energy efficient and less wasteful!After a chance meeting, words of wisdom, and a passion for being an optimist, Scott started EAG in 2011 to develop and deploy innovative solutions to energy, waste, and environmental challenges. With his team’s expertise of combining technical and financial solutions, EAG has been solving the challenges that companies face when considering efficiency and conservation improvements. A recent success was the installation of a highly efficient compressed air system at the Detroit stamping plant made famous by the film 8 Mile. It reduced their operational cost by 60% and achieved a return on investment during its first year of opera

James Crawley is a Multifamily specialist in the firm's Tucson office.  As a Senior Associate, he exclusively represents buyers and sellers of multifamily investment properties throughout Southern Arizona.  James has more than three years of experience in the real estate industry and has closed over 60 investment real estate transactions valued at $380,000,000 during his career.James joined the firm in 2015 as a member of the Sales Internship Program and was promoted to Senior Associate in September 2019. James is a member of National Multi Housing Group.  He graduated with Bachelor's Degree from University of Arizona.Connect with JamesJames.Crawley@marcusmillichap.com480.262.7449LinkedIn – James CrawleyGarzella Group

Kavitha Baratakke, principal at Cherry Street Investments is an Austin- based Accredited Real Estate investor and a full-time MF sponsor with over 10 years of investing experience in single family and multi-family real estate.She has successfully acquired, rehabbed, managed and operated several single-family and multi-family investment properties in the Central Texas area. She is currently invested in over 1800 doors/units in San Antonio, DFW, Atlanta, and Phoenix MSA as a Limited Partner and over 450 doors as a General Partner and Key principal.She currently sponsors apartment investments with boots-on-the-ground partnerships in various markets throughout the country including but not limited to DFW, San Antonio, Phoenix, Atlanta and others. Besides being an active investor herself, she is passionate about educating investors on passive investments and helping them on their journey toward financial freedom. She aims to educate her investors on Multifamily, Opportunity zones, and more through her “Purely Pass

Paul Moore began his career at Ford Motor Company after earning an MBA from Ohio State. After five years of work at Ford, Paul started a staffing company with a partner. Paul and his partner sold it to a publicly traded firm five years later for $2.9 million. Along the way, Paul was Finalist for Ernst & Young’s Michigan Entrepreneur of the Year two years straight (1996 & 1997). Paul later entered the real estate sector, where he flipped over 50 homes and 25 high-end waterfront lots, appeared on HGTV’s House Hunters, rehabbed and managed rental properties, built a number of new homes, developed a subdivision, and started two successful online real estate marketing firms. After helping with three successful developments, including assisting with the development of a Hyatt hotel and a very successful multifamily project, led Paul into the commercial multifamily arena.Connect with Paulwww.wellingscapital.cominfo@wellingscapital.comGarzella Group

Joining us on the show today is Sandhya Seshadri, founder and CEO of Texas Twilight Investments/Multifamily 4 You. Sandhya is currently a general partner and key principal in 476 doors and a passive investor in over 2500 others. She intended to remain mostly passive for the stress-free cash flow but has one or two assets which she actively manages to qualify as a full-time real estate professional, thereby making the most of certain tax benefits. Sandhya is a firm believer that most wealthy people are in some way involved in real estate, so after building her wealth from the stock market, she immersed herself in passively investing in multifamily and later signed up for a mentorship program that has tremendously accelerated her growth. In this episode, Sandhya speaks to Kyle and Lalita about her technical and business background before entering the real estate space and why she eventually decided to transition into a new role that would allow for more time at home. She shares her reasons for exchanging the st

Bob Trapnell is a true So Cal resident having been born and raised in the area. He attended UCLA  and ventured into real estate in 1991. For 17 years he specialized in doing loans- mostly as an in-house lender sitting at a desk in the Fred Sands Realty and Keller Williams offices. During the loan career in the 90s he jumped into buying apartments. 1994 was his first purchase of a 6 unit building.  Having no more funds, he researched how to do syndications. January 1995 was the start of numerous other properties that were then purchased with his partners and other investors. Bob attributes many of his purchases to the loan background and being able to think out of the box and use creative financing to attain the deals.Bob and his partners sold all the properties in 2005 and 2006 as the market had seemed to reach its maturation point.  Watching carefully in the downturn for new opportunities to get back into the market, 2009 he started buying via the syndications and has now completed the purchase of 10 propert

Jack Bosch has bought and sold lots and unimproved land since 2002. It only took him 18 months to go from Zero to $1M.  Since 2008, he has also been educating those who either find houses too challenging or are unsatisfied with the competition and teaching them how to make more money from simple land and lot flips. Additionally, he has figured out a way to make land cash flow massively and consistently with checks coming in for years and even decades.Jack is also a #1 bestselling author of the financial literacy book, Forever Cash.Connect with Jackwww.landprofitgenerator.comFacebook Group – Land Profit Generator Real Estate InvestingPodcast – Forever Cash Life Real Estate PodcastGarzella Group

Anna Myers serves as Vice President at Grocapitus, a commercial real estate investment company in the San Francisco Bay Area. Anna is a third-generation commercial real estate entrepreneur who applies her 25+ years of experience in technology and business to finding, analyzing, acquiring and asset managing commercial properties in key markets across the U.S. Together with her business partner Neal Bawa, they approach real estate through a data science lens to create compelling profits for 1000+ investors.As the lead underwriter for the company, Anna teaches deal analysis for MultifamilyU in quarterly Boot Camps. MultifamilyU is an apartment investing education company owned by the principal Neal Bawa. Also via MultifamilyU, Anna hosts weekly webinar events featuring top speakers in real estate. Anna is regularly interviewed on podcasts in the industry, with over 25 podcast appearances so far in 2019. Anna Myers also co-hosts two monthly Real Estate Investor Meetups in the Bay Area with over 1000   members.Rel

Powell Chee bought his first Single Family Rental in Kansas City by using his Credit Cards to pay All Cash.  His next purchase was a 40-Unit Multifamily property in Indianapolis, and Powell has been asset managing and improving this property while living and working in Los Angeles, California.Powell also hosts one of the largest multifamily meetup groups in Los Angeles - "MultifamilyMasters.com" - and he's going to share how building this network has improved his fund-raising capabilities and created new opportunities.  Connect with Powellpowell.chee@gmail.com

Stephen Wible is a Marine Corps veteran with a deep background in real estate sales, flipping and property management, print manufacturing, building and obtaining business credit. He has founded and led multiple successful companies and has had as many as 300+ rental properties in his portfolio.Stephen is a public speaker, author of “Business Credit – The Complete Step – By-Step Guide”, trainer, and avid learner. He passionately combines his high energy and business credit knowledge and is a recognized expert in the field. He provides impactful insight into building business credit and obtaining loans for business - teaching and presenting to thousands.He is the Director of Business Development for Credit Suite, Inc. – The recognized leader in teaching business owners how to “Build Business Credit” that is NOT tied to your social security number.Connect with Stephenwww.creditsuite.comstephen@creditsuite.com

Neal Bawa is the CEO and Founder of Grocapitus and MultifamilyU, Neal leads the company and is driving the syndication and acquisition of multifamily properties.• Owns and manages a real estate single-family and multifamily portfolio in 8 US States• Speaks at Multifamily events, IRA events & meetups across the country• Over 3,000 students attend his multifamily seminar series each year• Hundreds attend his Multifamily boot camps annually• Co-founder of the largest Multifamily Meetup in the U.S. (BAMF), with 4000+ membersHis past experience includes 17 years of revenue (P&L) experience as the senior-most executive in a California education company with over 350 employees and $40MM in revenue.  Neal is a backyard tomato farmer and a protein diet health nut. He believes in positivity and Karma, is passionate about cricket and about the enormous potential of self-driving electric vehicles to solve the global climate crisis.Connect with Nealwww.multifamilyu.comFacebook – Neal Bawa

Jeremy Roll started investing in real estate and businesses in 2002 and left the corporate world in 2007 to become a full-time passive cash flow investor. He is currently an investor in more than 70 opportunities across more than $1 Billion worth of real estate and business assets. As Founder and President of Roll Investment Group, Jeremy manages a group of over 1,000 investors who seek passive/managed cash-flowing investments in real estate and businesses. Jeremy is also the co-Founder of For Investors By Investors (FIBI), a non-profit organization that was launched in 2007 with the goal of facilitating networking and learning among real estate investors in a strict no sales pitch environment. FIBI is now the largest group of public real estate investor meetings in California with over 27,000 members. Jeremy has an MBA from The Wharton School, is a licensed California Real Estate Broker (for investing purposes only), and is an Advisor for Realty Mogul, the largest real estate crowdfunding website in the US.