Wheelbarrow Profits Podcast: Multifamily Real Estate Investment

In this week’s show, Julia and Gino are joined by Matt Bizzarro.  Matthew Bizzarro is an award-winning broker and owner of The Bizzarro Agency, the newly elected REBNY Upper Manhattan Residential Brokerage Committee Co-Chair, real estate coach and a father of four. He has lived in Upper Manhattan for over 20 years and has two passions: real estate and community service. His passion for real estate is obvious, and thanks to the #SupportUptown Initiative, so now is Matt’s capacity for kindness and caring. When not working, he enjoys spending time with family. Matt's a traveler, whenever an adventurous opportunity presents itself (Yes, the kids come too!)   Matt has been able to incorporate his core values and mission statement into his real estate business to create an amazing company that serves home buyers in the NYC market. Julia asks Matt questions on why he selected real estate, and how to become a successful real estate agent. Julia also discusses how growing and prospering in business is very similar to

Multifamily Investing For Doctors with Dr. Tom Burns Do you feel trapped or wish you had more control over your life? In this episode, Jake and Gino talk with Dr. Tom Burns, Principal, Co-founder - Presario Ventures. He is an orthopedic surgeon in Austin, Texas and is a physician for the United States Ski Team. Dr. Burns has over 20 years of real estate experience, involving acquisition, development, and management of multifamily property, student housing, land, manufactured housing and office projects. He is the author of Why Doctors Don’t Get Rich, a personal finance book for professionals. Here are some of the key takeaways from the Podcast: Most doctors are financially well-off, however, they hardly have time freedom. Doctors need to be happy and not burned out when practising their passion to serve people. Real estate investing is one of the most potential ways for doctors and healthcare professionals to keep it productive, joyful and financially rewarding at the same time. Real estate investing should

Mike Taravella and Will Coleman interview Jake Marmulstein of Groundbreaker. Key Information:   What is Groundbreaker? A full-service software used to automate real estate fundraising, portfolio reporting, and investor relations.   Keys to Investor Relations Transparency Reporting Communication   Uses for Groundbreaker Administrative work Deal Analysis Due Diligence Deal Presentations     Expert Pro Tip: “Spend time underwriting and analyzing many deals before executing on your first deal”   Contact Information:             LinkedIn – Jake Marmulstein   https://groundbreaker.co/   To register to invest with us: https://jandg.activehosted.com/f/58 Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Linkedin: https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate O

Life is too short to spend time living someone else's dream.     In this episode, Jake and Gino talk with Taggart Birge. With more than twenty years of commercial real estate experience, Tag has had significant success working within the multifamily real estate industry. As CEO of Birge & Held, a multifamily investment, management and construction company, Tag is a proven expert in this industry. Over the past 13 years, Birge &Held has remained focused on workforce housing and currently has $1.5B in projects under management and has acquired over 15,000 units throughout the central United States. Here are some of the key takeaways from the Podcast: Seize the opportunities presented by the market cycles. If you are wired for entrepreneurship, real estate industry presents tremendous opportunities. You can’t outgrow your operations, you have to grow a culture. Don’t get tripped up by micro management and small details when looking at the opportunities. Think like a leader and look at the big picture.

Mike Taravella interviews Kim Taylor of Syndication Attorneys. Key Information:   Kim Lisa Taylor is a nationally recognized corporate securities attorney, speaker and the author of the No. 1 Amazon best selling book “How to Legally Raise Private Money". She is the founder of Syndication Attorneys, PLLC and InvestorMarketingMaterials.com, whose purpose is to provide quality legal advice, plain English offering documents and professionally designed marketing materials for clients nationwide     Recent SEC Regulation Changes Accredited Investors: Investors with securities licenses Non-married couples with combined income that passes the threshold Any entity that has $5MM in assets under management   506B Offering– Offering may not be sold to more than 35 non-accredited investors  No general solicitation or advertising to market the offering   506C- All purchasers in the offering must be accredited investors Can engage in general solicitation and advertising of offering     Expert Pro Tip: “Build an Inv

In this week’s show, Julia and Gino are joined by Nathan and Monica Herber, a happily married couple of 12 years and proud parents of Caiden Emmanuel, their adopted 5 year old son with special needs.  They made the leap into multifamily real estate investment at the start of 2020 by blowing up their retirement savings. They, however, consider this to be the smartest financial move they ever made! Currently, they own 49 units in joint ventures and are working to develop new, attainable housing in their new hometown of Greenville SC.   Nathan, originally from Lafayette, Indiana, is the Founder of Cornerstone Community Capital LLC and a licensed architect with 15 years of experience in commercial and mixed-used real estate developments.  Monica Herber, a native New Yorker, is a Certified Life and Marriage Coach, the creator and blogger of The Joyful Unknown, a website dedicated to helping other parents like her find joy in the journey of special needs living.   Julia & Gino have been close friends of the Her

Life is too short to spend time living someone else's dream.   In this episode, Gino Barbaro and Joshua Roosen talk with Kent Clothier, President and CEO of Real Estate Worldwide (REWW), a multi-faceted real estate education company. In addition to family, friends and “living a life according to design, rather than default”, Kent is extremely passionate about philanthropy and, as a result, started The Time Is Now Project, which aids orphans in Haiti and also assists needy families on the home front in the United States. Here are some of the key takeaways from the Podcast: When you chase money, it runs away. Start with the end in mind. Decide what you want your life to look like. Embrace the struggle. Success is a journey. Life is too short to spend time living someone else's dream. Get in the game. Learn more about Kent’s initiatives: https://kentclothier.com/  Learn more about Apartment Investing Education: www.jakeandgino.com Check out our complimentary Apartment Investing training program: https://jakean

Mike Taravella and Will Coleman interview Hadar Orkibi of MFI Holding. Key Information: Ensure you have a proof of concept before you begin to scale in any particular market.   To develop lasting relationships with local brokers and investors you must be physically present in the market.   Working with Lenders: Keep deposits with banks you want to work with Be transparent about your experience and your goals Determine what kind of deals they have an appetite for   Multi-family: Resilient during down cycles. In high demand Economies of scale             Expert Pro Tip: “Become an expert in your niche”   Contact Information: Mastermind: mihmastermind.com   Cell – 501-251-8201   https://mfiholding.com/     To register to invest with us: https://invest.randpartnersllc.com/invexp/accounts/login/ Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Linkedin: https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre We're here to help create multifamily entr

Topics Covered Include: Learn how Jesse was able to hone in to Multifamily to start making progress Why having the right network can help guide you to success How Jesse was able to overcome his limiting beliefs   Jesse’s Bio:   Jesse is the Director of Operations at a cardiovascular imaging center in Denver, Colorado, providing medical care for rural communities who would otherwise be hard pressed to access the healthcare they need. In 2018, he got involved in passive fix and flip investing, getting his feet wet in transactional real estate.   In December of 2019, he joined Jake and Gino and made the leap into multifamily. Working in Colorado Springs and Tucson, Arizona primarily, he has placed his efforts on building up networks and making offers on deals in those markets. In December of 2020, he closed on his first multifamily deal, a 24 unit in Tucson. After a few months of repositioning and getting a taste of what asset management is like, he and his teams are about to get back into acquisition mode and

Achievers never stop. They are always chasing the next thing. In this episode, Jake and Gino talk with Moneeka Sawyer who has been investing in Real Estate for over 20 years and has seen all the different cycles of the market. Through her strategies, she has turned $10,000 into over $2,000,000 working only 5-10 hours per MONTH with very little stress. Some of the key takeaways from the Podcast are as follows: When you become financially free, you tend to chase opportunities not money. Spend the time with your family and your loved ones, because time never comes back. Don’t assume you will get everything you want when you achieve that goal. Fall in love with your actions, with the process. Stay aligned with your core values and you will achieve the state of bliss in life. Strive for clarity. Be very clear about what you want in life. Everyone faces money problems. It is up to you whether you want to have poor person money problems or rich person money problems. Learn more about blissful real estate investing

Mike Taravella and Will Coleman interview Yonah Weiss of Madison SPECS. Key Information: Keys to Networking: Get to know someone, understand their goals and aspirations. Find a way to help them achieve those goals if you are in a position to do so.   Start by helping one person a day. Make an introduction, share ideas, or connect with them useful resources.   Utilize social media platforms like LinkedIn, Facebook, and Instagram. Focus on mastering one platform before you move to another.    Create a community of likeminded people to discuss topics relevant to your industry.     Expert Pro Tip: “Find a tribe of people who have similar goals and share ideas together”   Contact Information: https://www.yonahweiss.com/ Yonah Weiss – LinkedIn   To register to invest with us: https://invest.randpartnersllc.com/invexp/accounts/login/ Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Linkedin: https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre We're he

Julia & Gino dive into the book Mindset, by Carol Dweck, and share their personal stories of when they exhibited a fixed mindset and a growth mindset. They begin the show by discussing the fixed mindset, the mindset that feels the need to prove themselves, that is ego driven and takes failure personally. The fixed mindset individual tends to become less active and involved when they become depressed. People who consider their personal qualities unchangeable have a fixed mindset. The belief that skills, intellect and talent are unchangeable live in this mindset. FInally, the fixed mindset does not take responsibility for their lives. It’s always someone’s fault, or it’s the situation that is holding them back.   On the other hand, the people who think they can improve or change their personality traits over time have a "growth mindset." The belief that skills, intellect and talent can be developed through practice and perseverance.  They are responsibility junkies, and are not worried about how they are p

The time is always right to do what is right - Martin Luther King Jr. In this episode, Jake and Gino talk about the ‘Buy Right Bootcamp’, an exclusive multifamily real estate education event covering all the significant facets of apartment investing, right from deal finding, due diligence and finance to exit strategy. Some of the key takeaways from the Podcast are as follows: Learn to identify the real estate market cycles and how to leverage on it. When debt market tightens up, creative financing is the solution. Check out Bill Ham’s latest book ‘Creative Cash’ to learn more about seller financing and more such options: https://amz.run/4LMO Deals are going to happen anyway. If you adopt a fixed mindset, you will never be able to find and close deals. Be clear not just about your investing goals but also about your exit strategy. Opt for education, attend events and network with like-minded people to shorten your learning curve and get ahead faster. To begin with, check out our complimentary Apartment Inves

Key Information: Strategies for 2021 Avoid older asserts, look for newer builds with longer hold periods. Prepare for the possibility of tighter lending standards and higher interest rates. Look for direct to seller / off-market opportunities   Debt Markets Forecast 2 DSCR requirements Lower LTV   Look for properties that will cash flow day one while amortizing. Newer asset in high growth areas out perform older assets in the event of an economic downturn.    Types of Value Add - Renovation Operating     Expert Pro Tip: “Be active in the market, do not wait”   Contact Information:   https://jakeandgino.com/     Resources: Creative Cash - Amazon  https://www.amazon.com/Creative-Cash-Complete-Financing-Investing-ebook/dp/B08TGVJ9SK/ref=sr_1_2?dchild=1&keywords=creative+cash&qid=1614012843&sr=8-2       To register to invest with us: https://invest.randpartnersllc.com/invexp/accounts/login/ Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Linkedin: https://www.linkedin.com/co

Bill Hamel has been a successful multi family real estate investor since the 90’s.  He started buying smaller investment properties in the Albany, NY area with a childhood buddy.  Once established in this space, Bill continued building his portfolio by adding his brother as another partner. He added larger multi family properties into the plan and accumulated well over 200 units in the portfolio.   Bill operated an in house property management company focusing on great customer service maximizing resident retention and referrals.   In 2017, Bill decided to transition from an operator of their portfolio to focusing his efforts on large multi family assets.    Bill plans to utilize his many years in the business by sharing larger, profitable investments with like minded, active   investors along with providing access for passive investors seeking alternate, high yielding investments to diversify their portfolio. We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://ja

The quality of your life is in direct proportion to the quality of the actions you take. In this episode, Jake and Gino talk with Teresa Kuhn, the president and CEO of Austin, Texas-based Living Wealthy Financial Group. As a financial life designer, best-selling author and educator, Teresa has a passion for formulating innovative blueprints that help her clients grow and preserve their wealth. Here are some of the key takeaways from the Podcast: The quality of your life is in direct proportion to the quality of the actions you take. Always think long-term. The consequences of your actions would impact you in the long-term, maybe for decades. Make wise choices. No one else would change your life. It starts from you. The fascinating thing about money and finances is that it is apparent whether your approach is working or not.  Learn More About the 100-Year Savings Solution here: https://www.100yearsavingssolution.com/become-your-own-source-of-financing/ Text LEVERAGE and send it to 214 949 8082 to know more a

Ep. 95- The RandCRE Show: Real Estate Data with David Kahn.   Mike Taravella and Will Coleman interview David Kahn of Costar Group. Key Information: 2021 Forecast: strong recovery uptick in rent growth increased occupancy rates   Occupancy and rent growth has stayed most consistent for B and C class assets since the beginning of the pandemic.   Downtown metro areas took a major hit as many employees moved from major cities to the suburbs following the beginning of April 2020.   Supply: Multi-family construction has slowed dramatically which could provide opportunities for high rent growth in 2021.    Expert Pro Tip: “Focus on the Data”   Contact Information: dkahn@costar.com     To register to invest with us: https://invest.randpartnersllc.com/invexp/accounts/login/ Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Linkedin: https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre       We're here to help create multifamily entrepreneurs... Here's how: Br

Julia & Gino interview Bill Ham, best-selling author of Creative Cash, and the journey to becoming a best-selling author. Bill is the COO of Broadwell Property Group, a vertically integrated real estate company located in Atlanta, Georgia. His first four hundred units were purchased without entering a bank and utilizing creative financing techniques that he shares with in his book.   Bill shares his tips and strategies on how to start writing a book, editing, publishing and getting the book to launch as a best seller. He also discusses how important it is to partner with others that have the skill sets that you lack.   To purchase a copy of Creative Cash, visit Creative Apartment Deals   To learn more about Bill, visit The Broadwell Property Group We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFA

Discover the best-kept secrets of the two creative, effective financing strategies other investors don’t want you to know about: Master Lease Options and Seller Financing.  In this episode, Jake and Gino reveal the key aspects of creative financing with Bill Ham, who has been an amazing mentor for the Wheelbarrow Profits investor community and have recently launched his book ‘Creative Cash’ encapsulating his decades of experience with apartment investing. Here are some of the key takeaways from the Podcast: When lenders pull out from the market due to certain reasons and the economy tends to enter the recession cycle, creative financing becomes the solution for real estate investors who want to take advantage of the soft valuations. Traditional lending may not work in some apartment investing deals. Mentorship is necessary for real estate investors. It is like either you invest in learning or risk losing money on the streets with trial and error. Success leaves clues. Learning from the experienced mentor not

Mike Taravella and Will Coleman interview Nate Trunfio of Lima One Capital LLC. Key Information: Capital Markets A venue where savings and investments are transferred between the suppliers who have capital and those who are in need of capital.             Secondary Markets Capital markets are composed of primary and secondary markets. Lenders originate loans then sell them to investment entities in the secondary market. This provides lenders with the liquidity to originate more loans.   Debt Yield: Metric used by lenders to in order to evaluate the risk involved in lending money to on to borrower. Calculated by dividing the NOI by the total loan amount.     Expert Pro Tip: “Make investment decisions with your head and not your heart”   Contact Information: LinkedIn – Nathan Trunfio   Email - ntrunfio@limaone.com   https://limaone.com/   To register to invest with us: https://invest.randpartnersllc.com/invexp/accounts/login/ Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Linkedin: htt