Wheelbarrow Profits Podcast: Multifamily Real Estate Investment

James Kandasamy is the principal in Achieve Investment Group – a vertically-integrated real estate company, actively engaged in multifamily acquisition, asset management, property, and construction management. A well-known multifamily operator, James has over 5 years of multifamily experience, and 6+ years of experience in real estate overall. In addition, through his work, James has built a reputation for creative marketing tactics to find motivated sellers and unlock hidden value in multifamily operations. He is the author of Passive Investing in Commercial Real Estate: The Insider Secrets to Achieve Financial Independence which is currently available on Amazon and Audible versions. He speaks with us about the shifts happening right now in the market, demographics and mindset.   https://achieveinvestmentgroup.com/   The Rundown Rand Cares Single Family Equity Multifamily Why Real Estate W-2 Stocks Engineering ROI Fear & Emotions Remodeling Success in Multifamily Off Market Quick Turnaround Value Add Ver

Dylan Marma and Mike Taravella interviews Sam Bates who is a Principal of Trinity Capital Group.  City dictates the developments due to zoning, permits, and plans approved Labor rates have been rising but has found material costs to decrease due to strategic partnerships Sam looks to exit a property when syndicating in about 5 years However, when working with a few investors he likes to hold indefinitely Trinity Capital differentiates itself by systematizing and develop their niche in development Be flexible and adaptable as a real estate investor Sam traded a plot of land for a RV park Developments focus on IRR and Cash on Cash Returns, instead of cap rates Most recent development Trinity is targeting a 5 year hold and 30% IRR HUD loans require longer periods to process so always have backup and options Investor paradigm for development deal: It takes 2 years to build and is generally a longer hold period compared to multifamily acquisitions Multifamily Acquisitions  Pros: You know what you are gettin

Welcome to the Movers and Shakers Podcast. This week’s guest is Daniel Krueger. Dan graduated from the University of St. Thomas, in St. Paul Minnesota with a degree in Financial Management. Before beginning his career as a real estate investment professional, he spent 5 years working in corporate finance where he managed the operating expenses for multinational fortune 500 companies. In January of 2018 Dan closed on his first property, a small 6-unit apartment building in St Paul Minnesota for $475,000. The business plan was simple, fix up the units, improve the tenant base, and increase rents to the market rate. Nine months after the acquisition, Dan refinanced the property at a value of $600,000. He used the refi proceeds to get into his next deal, an 8-unit building about 3 minutes away from the first property. Dan currently has a portfolio of 34 units made up of 4 properties all in the same neighborhood. Dan currently is working on closing his first syndication deal, a 32-Unit property in St. Paul Minneso

Welcome to the Multi-FAMILY zone podcast, where business meets family. The hosts of the show, Julia and Gino Barbaro, have been married for over twenty years, and have six children.    Julia homeschools the children, and recently became a marriage and life coach to help couples become better communicators and help enrich their lives.  The couple is constantly asked about how they balance their entrepreneurial and real estate journey while raising their kids. The Multi-FAMILY zone was created to address these questions, along with a host of questions from the Jake and Gino community.    This week Gino and Julia are joined by the founder of The Good Dad Project, Larry Hagner. In this podcast they talk the importance of having continues formation as a dad and husband. Find his website here https://gooddadproject.com   Question or comments email us at juliabarbaro@gmail.com We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowpr

Nichole has been in technology sales for 22 years. But she and her husband always believed they needed a “Plan B” and a way to create more financial security. That “plan B” included building an 8-figure real estate portfolio of rental properties and commercial property investments including multi-family, single-family, and hotel properties. Nichole also hosts The Richer Geek podcast, a podcast focused on helping IT Professionals find creative ways to build wealth and financial freedom. She speaks with us about partnership, hotels and skydiving.   www.therichergeek.com   The Rundown 1999 Personal Finance Real Estate Seminars Failure Property Management Seek to Serve Pay to Play Teaming Up Multifamily Mentorship Network Transition to Hotels Limited Service Cap Rates Mom & Pops Market Info RevPAR Reviews Staff Engagement Amenities Hotel Markets Skydiving Motels Expense Comparison Long Term vs Short Term Deal Flow 1031 Exchange Risks Renter Nation Location Revenue Growth Podcasting Owning Assets Syndication M

Dylan Marma and Mike Taravella interviews Omar Khan who is responsible for Multifamily Acquisitions for Boardwalk Wealth.  Buy Right so you don’t have a property that you can’t exit Chances for having a more favorable increase: If you are in a bigger, more liquid market Execute true value-adds, instead of having the market driving Leave some value-adds for the next seller Class C properties are trading for the same cap rates as Class B The biggest risk investors are facing is that sponsors aren’t raising enough money Leave 6-9 months of cash flow personally and in your business You’re never a forced seller when times are good Investors must trust you and believe in the story of the deal, not just the numbers Ask specific questions to sponsors to see their thought processes Accounting & Finance team members live and die by the income statement Don’t be fearful to ask questions  Reassess your underwriting assumptions by comparing with actuals Expert Tip: Have the patience and reserves as a sponsor to g

Welcome to the Movers and Shakers podcast. This weeks guest is Evan Holladay. He is a real estate developer and investor with over $225 million and 1347 units of multifamily real estate developed and invested. Evan is Founder and CEO at Holladay Ventures where their team specializes in creating and investing in workforce, affordable and mixed-income communities. Their mission is to create quality housing opportunities and empower the residents to realize their full potential.  Evan is also the host of the iTunes Top 200 business and real estate podcast, “Monumental” where he sits down with top leaders and entrepreneurs making massive change in the world.   Website: www.evanholladay.com  and www.holladayventures.com    Instagram: @evanholladay   Facebook: Evan Holladay   Twitter: @evanholladay 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

Welcome to the Multi-FAMILY zone podcast, where business meets family. The hosts of the show, Julia and Gino Barbaro, have been married for over twenty years, and have six children.    Julia homeschools the children, and recently became a marriage and life coach to help couples become better communicators and help enrich their lives.  The couple is constantly asked about how they balance their entrepreneurial and real estate journey while raising their kids. The Multi-FAMILY zone was created to address these questions, along with a host of questions from the Jake and Gino community.    Julia and Gino are joined by Ray and Christy. They will talk about how their store and how they balance working together and being married.   Ramon Gonzalez has been in the Real Estate field since 2004.  Prior to that, he was recruited to GE for their Financial Management Program.  After 3 years, he realized that the corporate world wasn’t for him.  He was searching for Freedom, Financial Abundance and a higher Purpose.   Chris

Start With The End In Mind with Steve Harward & JJ Childers   Prime Corporate Services (PCS), owner and CEO Steve Harward, was able to go from working a blue-collar job wearing a hard hat and working a shovel to successfully building multiple 8 and 9 figure businesses.  After seeing a large gap in knowledge and support for legal and financial structuring for investors and entrepreneurs, Steve and his brother opened Prime Corporate Services with the goal of helping small businesses and those like himself obtain long term success.  In just 7 short years, PCS has helped over 35,000 investors, traders, and entrepreneurs obtain the correct structure for their businesses and holds an A+ rating with the BBB. PCS files thousands of small business taxes every year and has helped generate millions of dollars in business credit. J.J. Childers is a licensed attorney whose primary practice focuses on the fields of asset protection, estate planning, and tax reduction. Through his innovative approach to the practice of

Dylan Marma and Mike Taravella discuss the risks when investing in a multifamily syndication: Interest Rate Risk - This is the risk that as an investor you become less able or unable to cover your debt burden.   Liquidity Risk: Risk that the investment is not able to be sold at the planned time. This is amplified in the event of a high point in the market, or being in a distressed position in need of a "fire sale". Funding Risk: The risk that the general partner falls short on their raise. This is common in the event of a fund when investors are required to invest via a capital call. Concentration Risk: The risk of loss due to having all of your eggs in one basket or being overly concentrated in one asset/asset class.  Credit Risk: This applies largely to debt investments or to real estate investors dependent on tenants. You run the risk of having a poor quality tenant and/or having their credit drop during the holding period. Inflation Risk: The risk of loss in purchasing power because the value of your inv

Welcome to the Movers and Shakers podcast. This weeks guest is Lee Fjord. He is a Real Estate Professional & Investor accomplished in contractually representing clients in all manner of purchasing, selling, leasing and management of residential commercial real estate properties for more than 7 years, Committed to the highest levels of professional and personal excellence to consistently meet and exceed goals and expectations. Currently own and manage 9 doors (all purchased in an 18 month period) with a goal of expanding my portfolio through strategic partnerships and advancing into commercial property acquisitions. Phone: 850-797-1307.  lee.fjord@gmail.com 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 MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner i

Welcome to the Multi-FAMILY zone podcast, where business meets family. The hosts of the show, Julia and Gino Barbaro, have been married for over twenty years, and have six children.    Julia homeschools the children, and recently became a marriage and life coach to help couples become better communicators and help enrich their lives.  The couple is constantly asked about how they balance their entrepreneurial and real estate journey while raising their kids. The Multi-FAMILY zone was created to address these questions, along with a host of questions from the Jake and Gino community.    In this episode Gino and Julia talk about the importance of cooking and eating as a family.   http://franciscanfriars.com/donate/   The Below link is the 33 Day Meal Plan! https://www.dropbox.com/s/3u8peyfn0yixz31/33DayMealPlanner%20copy.pdf?dl=0 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 E

Julia and Gino are in Harlem cooking with Father Angelus of the Franciscan Friars Of The Renewal on a special Thanksgiving Episode of the Multi Family Zone. This episode of course, is about giving thanks, giving back, and following one’s vocation while living a life in service to others. Check out our Black Friday Deals!: the coupon code is: BLACKFRIDAY2019 Four Step Underwriting https://jakeandgino.mykajabi.com/offers/VzfLeZjT?coupon_code=BLACKFRIDAY2019   Credibility Book COurse https://jakeandgino.mykajabi.com/offers/kNzZHVx5?coupon_code=BLACKFRIDAY2019   Eight Step Due Diligence: https://jakeandgino.mykajabi.com/offers/cFRdWkRd?coupon_code=BLACKFRIDAY2019   Gateway https://jakeandgino.mykajabi.com/offers/iiUrYYXJ?coupon_code=BLACKFRIDAY2019   Deal Analyzer https://jakeandgino.mykajabi.com/offers/swFg3K2d?coupon_code=BLACKFRIDAY2019   MM3 Live Recordings: https://jakeandgino.mykajabi.com/offers/hvYh2tSw?coupon_code=BLACKFRIDAY2019     We're here to help create multifamily entrepreneurs... Here's how:

The guys talk their second book, The Honey Bee, out now at jakeandgino.com/honeybee.   The Honey Bee is a business parable that teaches the value of cultivating multiple streams of income—the surest, most achievable means of creating generational wealth.   The Honey Bee tells the story of Noah—a disappointed, disaffected salesman who feels like his life is going nowhere until the day he has a chance encounter with a man named Tom Barnham, the beekeeper. In his charming, down-home way, Tom the “Bee Man” teaches Noah and his wife Emma how to grow their personal wealth using the lessons he learned from his beekeeping passion.   Full of concrete lessons delivered through chapter after chapter of engaging vignettes, each of which includes actionable advice for new or aspiring entrepreneurs. Workbook-style sections at the end of each chapter help bring the lessons home, including questions to help you apply the lessons to your own business, and links to rich digital resources for even more information on how to get

Dylan Marma and Mike Taravella discuss the importance of project management and their most recent software they use. Rand leverages Asana as our free project management software Rand uses it to organize the following business sectors investor relations acquisitions asset management business development Marketing Project management allows us to organize checklist on how to complete tasks so anyone can complete the task Project management prevents from tasks from falling through the tasks Build upon one business process at a time You don’t need an expensive software or tool to successfully run project management software Just find a tool that you use and can organize your tasks Expert Pro Tip: Leverage at least 90 days to implement and buy in to new technology   Contact Information: dylan@RandCRE.com MikeT@RandCRE.com   For more information/to connect with Rand CRE: www.randcre.com   To register to invest with us: https://invest.randpartnersllc.com/invexp/accounts/login/     Rand CRE's Facebook: htt

Welcome to the Movers and Shakers podcast. This weeks guest is Kent Ritter. He is an experienced real estate investor with investments in 1,300+ multifamily units. He believe that apartment investing is one of the surest paths to financial freedom. Kent’s purpose is to provide opportunities for others to achieve the success he has experienced by investing alongside him. Prior to founding Hudson Investing, LLC, Kent was a partner in a management consulting firm where he held several key leadership positions and played a central role in growing the business to 95 employees and $30MM in revenue in 6 years. Kent’s strong analytical background, experience managing change, and business acumen, gained as a business leader and advisor give him a competitive advantage as a real estate investor. Kent says he is blessed with an incredible wife, two daughters and a son. They are his joy and WHY. We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free

David Finkel is a Wall Street Journal bestselling author and successful entrepreneur. An ex-Olympic-level athlete turned business multi-millionaire, David is an American success story. He is co-author of, SCALE: 7 Proven Principles to Grow Your Business and Get Your Life Back, and one of the nation’s most respected business thinkers. A Wall Street Journal and Business Week bestselling author of over 12 business and financial books, his how-to business and financial articles have appeared in over 6,500 periodicals across the United States. David is also Founder and CEO of Maui Mastermind, a business coaching company helping businesses successfully scale their companies. His most recent book, The Freedom Formula: How to Succeed in Business Without Sacrificing Your Family, Health or Life offers a simple, proven recipe to create more value in less time. It's a radical new approach to structuring your and your team's priorities and time in order to reclaim hours of your day--and the freedom to live your life, not

Dylan Marma and Mike Taravella interview Evan Holladay, the President and CEO of Holladay Ventures.   Contact Information: Instagram: @evanholladay https://holladayventures.com/   Invest with Rand Partners  Follow Us on Linkedin @Randpartners Follow Us on Instagram @Randpartners Follow Us on Facebook @Randpartners 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 MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors)

Welcome to the Movers and Shakers podcast. This weeks guest is Hadar Orkibi, principle at MFIHolding.com He is a full-time property investor and trader. Hadar has been investing in Real Estate for over a decade, specializing in long distance, out of state investing.  Started as a Licensed Real Estate agent in Israel before immigrating to New Zealand in 2003. Hadar’s portfolio includes Multi-Family apartments, and Commercial with Triple Net Leases in NZ and the United States. In the US with MFIHolding.com, Hadar is focused on Multi-Family Apartment Buildings that have value-add upside potential with strong cash-flow, and he is a leading mastermind facilitator with MIHMastermind.com. Hadar has participated as a guest in a number of New Zealand and US Real Estate investing podcasts. Hadar’s Skills: Asset management.                                     Project Management - PRINCE2 ® Certified.                                                              Extensive understanding of investment underwriting.   Hadar

Welcome to the Multi-FAMILY zone podcast, where business meets family. The hosts of the show, Julia and Gino Barbaro, have been married for over twenty years, and have six children.    Julia homeschools the children, and recently became a marriage and life coach to help couples become better communicators and help enrich their lives.  The couple is constantly asked about how they balance their entrepreneurial and real estate journey while raising their kids. The Multi-FAMILY zone was created to address these questions, along with a host of questions from the Jake and Gino community.    This week Julia and Gino are joined by Kyle and Ashley Wilson. Ashley Wilson, and Kyle Wilson are the Co-Founders & Co-Owners of Bar Down Investments, LLC, and have almost twenty years of combined real estate experience.  Specifically, they have been involved in over $30 million of multi-family properties consisting of over 450 units in Texas and Ohio.  Ashley & her father, Tom, also have a very successful high-end flip