Passive Income Through Multifamily Real Estate

Welcome back to the Passive Income Through Multifamily Real Estate podcast! Today, we talk to successful single and multifamily real estate investor, author, podcast co-host, and retiree, Derek Clifford. We hear how Derek transitioned from full-time corporate job to retiree and real estate investor, and what you can do to prepare for your own transition. Find out more about Derek’s book, Part-Time Real Estate Investing for Full-Time Professionals, and his motivation behind sharing this information. We dive into why we should redefine the word ‘retirement’, and are reminded of the benefits afforded by the real estate investor lifestyle. Join us to hear what Derek’s favorite market is right now and why out-of-state investing makes in-state investing a piece of cake. We also discuss the importance of getting your partner on board and how you can use the power of “we” to convince them. Tune in to find out more about how to align yourself to best manifest your potential, and why surrounding yourself with people yo

“You do not rise to your successes, you fall to your standards.” These are the powerful words of today’s guest, Vikram Raya, who believes that a potent and optimistic mindset is the number 1 key you need on your journey to financial freedom. Active in Multifamily Real Estate since 2015, Vikram Raya is an international speaker, high-performance coach and is the recipient of the prestigious outstanding 50 Asian Americans in Business Award on Wall Street. In addition, he is also a trained cardiologist, a functional medicine physician, and CEO Founder of Viking Capital Investments, and today we are privileged to have him on the show as he shares the multiple ways you can get real estate into your life. Vikram shares with us how he balances being a hugely successful multifamily investor as well as a practicing physician and full-time family man, and how he uses his time and energy to its maximum efficiency in getting him where he wants to go. Plus, we get to hear his 10-S formula to becoming limitless, using relat

Some people simply have impeccable timing when it comes to real estate investment. Today’s guest is one of them. Rebecca Moore Buller is a multi-family real estate syndicator based in Dallas, Texas, who started investing in multi-family properties when the market was scorching. She and her husband, Warren, accumulated several single-family homes while stationed in the different locations the US Navy sent them. In 2012, they founded their company, Starboard Equity, with the purpose of investing in real estate to become financially independent. Rebecca has over 10 years of investing experience, has led in the acquisition of four multi-family properties and currently owns over 2,000 multi-family units. In today’s episode, she talks about how she got into real estate after getting her doctorate in clinical psychology. She discusses her transition from being solely a limited partner to becoming a general partner too, outlining some of the differences in terms of responsibility. Tune in for some valuable insight, a

It’s no secret that the world of real estate investment is a largely male-dominated industry. Today’s guest Andresa Guidelli is actively working to change that. She is a Skill Developer and Asset Manager with extensive experience in full gut renovation projects, new construction, and commercial development. Andresa is also the co-founder and CEO of the Real Estate InvestHER Community, co-host of The Real Estate InvestHER Show and recently published InvestHER’s first book. She is known as the go-to person in her field when it comes to implementing processes that allow for skill ability and, in our conversation with her, she shares some valuable insights into how to save time, ensure a smooth workflow, and choose a suitable business partner. She lets us in on what lights her fire, and the exciting projects she’s working on in support of women in transition. To find out how best to scale your business, tune in today!Key Points From This Episode:An introduction to Andresa Guidelli and her career in real estate.Th

CEO and founder of Diamon Point Homes, Kathy Jang talks to us today about how she went from a W2 job in marketing, to having a real estate portfolio of over 1, 200 multifamily units. From humble beginnings renting a single townhome, Kathy is a perfect example of how passive income from multifamily real estate can allow you to gain financial freedom. Her meteoric rise to real estate royalty makes this a must-hear episode for everyone! Join us, as we discuss the pros of multifamily properties over single-family homes. We learn about the amount of work required to make successful deals, and key metrics Kathy uses to decide where to invest. We go into what differentiates A, B, and C class housing and how each class weathers dips in the market. Hear Kathy’s motivation and advice on how to ensure investors also attain financial freedom, and how to make a positive impact in the communities she invests in. To conclude this inspirational episode, we ask Kathy our final four questions, and receive down-to-earth, honest

When Rafi Mizrahi was fired from his full-time IT job due to the crisis in Israel, he took inspiration from the famous book, Rich Dad, Poor Dad, burned all his bridges, and launched himself into the world of real estate investing. After two years of buying properties in Israel, Rafi realized what incredible opportunities could be found in the USA. He educated himself on real estate investing in the USA, bought his first property here, and developed a system for buying real estate abroad. After over 300 transactions, consisting of fix and flips, wholesaling, and buy and hold, Rafi shifted to a more scalable approach by focusing on multifamily. He has now syndicated almost 800 units in total. Today he joins us to discuss how he got over the mindset of investing from another country and how he built a team to help him complete his 300 transactions. Listening in you’ll hear what role Rafi plays in his multifamily deals, how he manages the timezone difference, how travel limitations caused by COVID have impacted h

When it comes to real estate investing, it’s a common perception that the Meetup space is overcrowded. Today’s guest Dallon Schultz started his own meetup anyway and even though it was temporarily shut down by COVID after only two events, he has since managed to grow it into the largest monthly gathering in Arizona. In this episode, Dallon explains how he began his career as an ER nurse and how a broken leg led him to get involved in real estate investing. He explains how he first started the REV Multifamily Meetup, how he was able to grow it despite the COVID pandemic, and what separates his meetup from many others. Tuning in you’ll hear Dallon break down the three things that he believes helped the growth of his meetup, the value of building relationships, and the importance of acknowledging that you can’t do it all on your own. To discover the value of meetups, find out how to attend one of Dallon’s meetups, or even start your own, tune in today! Key Points From This Episode:An introduction to Dallon Schul

“If the best golfer in the world is still working with a coach, then it’s pretty arrogant for the rest of the world to say, ‘Well, yeah, everyone else should have a coach, but not me.’” These are the words of today’s guest, David Wood, who believes that even the most successful people in the world need coaches. David is a former consulting actuary to Fortune 100 companies. He has built the world's largest coaching business, becoming number one on Google for life coaching, and coaching thousands of hours in 12 countries around the globe. David coaches high-performing business owners to double their revenue, along with doubling their time off by focusing on less and being 30 percent more courageous in their business and career. Today, we are privileged to have him on the show as he shares some of the biggest obstacles to happiness and how to overcome them. Learn David’s three principles for success, why you should ask yourself, “What would I do if I was fearless?”, and how to find your edge, lean into it,

In the current real estate climate, it’s tough to find deals. This is why today’s guest, Matt Faircloth believes that if your company already owns a good piece of real estate, why would you go and sell it? Matt feels it’s better to refinance that property, replace some investor equity if they want to get out, and just continue to recapitalize. Matt has been a full-time real estate investor for 15 years. In that time, he has successfully completed projects involving dozens of fix and flips, office buildings, single-family homes, and apartment buildings. He has amassed a portfolio of over 1,000 units and has raised tens of millions in equity for these real estate projects from passive investors. Apart from creating content for his YouTube channel, he is also the author of the Amazon bestselling book, Raising Private Capital: Building Your Real Estate Empire Using Other People's Money. Today we discuss the importance of maintaining and improving your property in line with the market, how to teach your kids

There are so many different ways to approach real estate investing, and any strategy should suit the investor and their needs. Today on the show we are joined by Christian Ross to talk about a path that might just suit you more than you think! We are going to be talking about investing abroad, and the exciting possibilities that are offered by buying overseas. Christian has set up a great service, through which she helps her clients 'fly and buy' at great value, and she gets into exactly why this is so appealing to her clients. With a focus on The Dominican Republic, we look at the profitability and upturn of this method, with our guest talking about Airbnb, ROI, and so much more to get you completely clued up! Christian underlines the enjoyment that comes with investing abroad, and why it might not be as tricky as some people say. We also discuss the ins and out of property management, timelines for purchases and renovations, and how Christian found herself in this niche in the first place. So for

Henry Daas is a serial entrepreneur, business coach, screenwriter, and personal finance coach, who has recently compiled his six decades of financial knowledge and experience in his book, FQ: Financial Intelligence. On today’s episode, we talk to Henry about building financial intelligence, money traps, and the power of coaching. We kick off our episode with some background on Henry’s experience as an entrepreneur and how this informs his work as a coach. He shares his greatest achievement to date and how he was able to succeed in this endeavor and we talk about the difference between scaling and growing. Next, Henry tells us all about what drove him to hire a coach and he explains why he chooses elegant solutions over brute force. We dive into Henry’s article, ‘Five Reasons Small Businesses Fail’, and he tells us what he thinks of as the biggest money trap. We talk about the two things that form the basis of a healthy business and Henry gives us the scoop on his newly published book, FQ: Financial Intelligen

While it may take some time to establish yourself in the real estate business, today’s guest, Bailey Kramer is making waves at the young age of just 21. Bailey is a real estate investor, entrepreneur, and podcast host based in Orlando, Florida, who uncovered his passion for real estate investing after reading Rich Dad, Poor Dad when he was just 19 years old. Since then, Bailey has focused on acquiring properties using creative financing strategies and also co-founded Property Dogs which serves many investors across the nation. He attributes much of his success to his network. Today, he shares with us how he has achieved so much in just two years. Tuning in, you’ll hear how he developed a passion for real estate, how he completed his first deal at the age of 20, and what his investment strategy is going forward. Bailey believes strongly in the power of networking to fill in the gaps in your own experience and gives his top three strategies for growing your own network at any stage of your career. Tune in today

Today’s guest has more than 24 years of significant experience in real estate, banking, private equity transaction, and principle investing. Throughout his career, he has been involved in transactions valued at more than two billion dollars, much of which has been included in the acquisition, management, and financing of various multi-family real estate projects. Today we are privileged to be talking to Kenneth Gee, the founder and managing partner of KRI Partners and the KRI Group of Companies. From his wealth of expertise, Kenneth shares with us the three things he believes a real estate investment firm must have before you give them your money. We discuss the value of experience, the importance of doing your homework, and why you should always stick to the fundamentals. Hear Kenneth’s advice to real estate investors that don’t have experience, his philosophy on how to consistently make money in real estate, his advice for new investors wanting to get into a new market, his tips on when and how to renovate

With the events of the COVID-19 pandemic, the world has become increasingly online, off-site, virtual, and remote. While real estate investing might be something that you may not believe can be done remotely, today’s guest is proving that it can! Alicia Jarrett is an international real estate investor, educator, and entrepreneur who is based in Australia. Four years ago, she and her partner Matthew began conducting deals in the USA. In spite of the distance, a 14-hour time zone difference, and no experience, they have built a successful real estate company in the USA as well as a real estate marketing firm. Today, Alicia provides expert insight into how to successfully start a real estate business from halfway around the world. Hear about the prices, taxes, and laws that led her and her partner to invest in the USA, what barriers they had to overcome, how they manage the time zone difference, and how to find the right realtor remotely. Later we discuss the role of marketing in real estate investing. Alicia ex

Whether in urban centers or “futuristic” suburban areas, mixed-use developments are steadily gaining ground as a housing trend among residential homebuyers. Of course, this means that mixed-use assets present ever more attractive investment opportunities for real estate investors, but how do you get started? Today’s guest is Ari Rastegar, Founder, and CEO of Rastegar Property Company. Ari has established a reputation as a thought leader in real estate with his innovative, technology-driven investment approach and strategies. His real estate investments span 32 cities across eight different states and include multifamily units, mixed-use complexes, storage facilities, and more. As per Forbes magazine, Ari is known locally as “The Oracle of Austin” and, with solid experience in a variety of different asset classes, he is uniquely qualified to share practical insight and advice for investing in mixed-use developments. In today’s episode, he covers how best to enter the mixed-use asset class, from starting small

Today’s seasoned investor, Michael Episcope, has 25 years of investment and risk management experience under his belt. In today’s episode, he tells us about how his company, Origin Investments, makes the most of opportunity zone investment. He introduces us to the concept of opportunity zones, how they are determined, and how to maximize investor tax advantages, as well as the benefits of using both 1031 exchanges and qualified opportunities. He lets us in on the key things to consider when pursuing an opportunity zone investment and, in closing, he warns about the perils of relying on advice rather than doing the research yourself and talks us through the ways in which Origin Investments was able to weather the storm of a global pandemic. Tune in for some hugely valuable tips on how to leverage multifamily real estate investment for your journey to financial freedom!Key Points From This Episode:Introducing today's guest, Michael Episcope of Origin Investments.How Origin Investments came to be.What an op

Internal fortitude and complementary partners; these are the two key factors that contribute to success, according to today’s guest, Sam Bates. Although Sam always knew he wanted to be in real estate, it took a mindset shift and a few unfortunate deals for him to really be able to commit himself fully to the industry. Sam opens up about the first deal he was involved in as a passive investor that almost went horribly wrong, and how he and others managed to salvage it. That first deal taught Sam a lot, and motivated him to go out and start his own company. We hear about Sam’s subsequent experiences with real estate deals of varying types, the differing impacts that the COVID-19 pandemic has had on his investments, and his thoughts about the direction that the industry is heading. Sam also shares very helpful tips about how to minimize the negative effects of inflation, and finding the right business partners. Key Points From This Episode:Hear about Sam’s educational and professional background.Problems that oc

Owning real estate with family members can be a great way to benefit from family resources and trust, but it can also present its challenges! Today’s guest believes that, to be successful in a family-owned real estate business, it’s all about setting boundaries and having clear expectations. Jonathan Barr is a Principal and MultiFamily Syndicator at JB2 Investments. He started his real estate career just after the last global recession in 2009. He has since been involved in the acquisitions of over 400 residential flips in the competitive Los Angeles market. Along with his brother, Jeffrey, Jonathan started JB2 Investments and began investing in value add projects, 70-unit plus properties, and B to C-class complexes in B emerging neighborhoods. JB2 currently has properties in Kansas City and the OKC metro area and is looking to expand in higher cashflow markets. Tune in to hear his advice for keeping it in the family, as well as his perspectives on scaling and keeping property management third party!Key Point

Today’s guest believes that credit is one of the most undervalued opportunities in real estate and, in this episode, he hopes to educate listeners on how to start thinking like the bank! Brandon Elliott is a real estate investor, podcast host, author, international speaker, and credit specialist. He utilizes the BRRRR strategy and has done numerous fix and flips locally in San Diego California, as well as out of state virtually. He also has a passion for coaching others to help them achieve generational wealth, which is the key reason why he created his podcast, Ready. Set. Go. Real Estate Investing. Tune in for an insightful episode full of practical advice for taking your real estate investing business to the next level using credit!Key Points From This Episode:Brandon shares a little bit more about himself and his expertise in BRRRR and credit.What door knocking for a vacuum cleaner company taught Brandon about resilience.Hear about his most recent multifamily project, a fourplex in San Diego.The key to a

Today’s guest is Bronson Hill, the Founder, and CEO of Bronson Equity. He has raised over $15 million for real estate investment and is a general partner in over $60 million worth of real estate around the US. He is the host of a large multifamily meetup in Pasadena, California, FIBI Pasadena Multifamily, the author of the report, The Single Best Investment Strategy During (and After) a Pandemic, and a regular contributor to YouTube, BiggerPockets, and other platforms. In this episode, Bronson shares his journey and expertise, explaining why busy professionals would choose multifamily, what drew him to syndication, and how to establish trust with investors, as well as his advice for finding deals, building relationships, and adding value. Make sure to tune in today!Key Points From This Episode:Learn more about Bronson, his background, and his multifamily real estate journey.The value of finding a reputable team to help you grow your passive income.Why busy professionals should passively invest in multifamily