The Moonlight Real Estate Side Hustles and Syndications Show

Eric Lindsey
The Moonlight Real Estate Side Hustles and Syndications Show

We show working professionals and busy people how to invest in real estate as a side hustle or a full-time business. We interview guests who have successfully started real estate businesses part-time and have turned them into full-time enterprises, or have generated passive income for themselves. This show will also demonstrate how to invest in real estate with low or no money. You will learn how to achieve success in various niches within real estate, including wholesaling, fix and flip, BRRR (Buy, Rehab, Rent, Refinance), and syndicating commercial real estate.

  1. The Benefits of Working with an Investor-Friendly Syndication Attorney with Richard Crouch ⚖️🏢

    6D AGO

    The Benefits of Working with an Investor-Friendly Syndication Attorney with Richard Crouch ⚖️🏢

    📌 For the past two decades, Richard Crouch has been the quiet deal architect behind complex real-estate syndications—guiding sponsors through subject-to assumptions, seller-financed seconds, and multi-tier equity waterfalls. He then applied the same playbook to build his own real-estate portfolio. If you want a clear, step-by-step view of how a transaction is papered, funded, and closed, Richard’s checklist is the shortcut. 🛠️ 🔍 Transaction Discussed 🚀📈 • Creative Capital Stack: Acquired a 300-unit multifamily for $13.5 M using subject-to financing plus a seller note. • Nine-Month Turnaround: Leasing & ops team boosted NOI, enabling a $50 M refinance. • Investor Buy-Out Clause: After doubling returns in 24 months, investors exited for $1 each—Richard retained 100 % ownership. • 2025 Market Reality: Higher rates ⇒ 50 % LTV loans & larger self-funded equity checks. ⭐ Key Takeaways & Advice for Busy Professionals 💰✨ Creativity Beats Cash – Subject-to + seller financing can bridge equity gaps. Document Everything – Clarify fees, capital calls, and performance hurdles before closing. Communicate the Bumps – Honest updates turn investors into repeat partners. Delay Your Fee if Needed – Aligns optics—and trust—with your backers. Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication: https://moonlightcre.com/ebook_download/ Website: Moonlightcre.com Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation Click On The Link Below For More Information About Eric Lindsey: https://linktr.ee/ericlindsey

    41 min
  2. When Partnering to Buy Real Estate, Make Sure Your Partner’s Tax Problems Don’t Become Yours 🔍

    JUN 26

    When Partnering to Buy Real Estate, Make Sure Your Partner’s Tax Problems Don’t Become Yours 🔍

    This episode helps us, as investors, perform due diligence on potential partners to ensure that their tax problems don't become ours. Meet Our Guest Carlos Samaniego — former paramedic and former real-estate loan officer who is now a federally licensed IRS specialist (enrolled agent) and co-founder of Tax Debt Consultants, LLC. 💡 How This Episode Will Help Real-Estate Investors Hidden tax debt can block a refinance, stall a sale, or even drag an entire partnership into collections. Carlos explains exactly how to spot those risks in advance, why COVID-era lien delays make them harder to see, and which IRS tools can resolve problems before they explode. 📌 Core Takeaways (Quick Hits) A Personal Tax Crisis Sparked His Career 🧾 Eight years of unfiled returns left Carlos owing nearly six figures. An enrolled agent solved it, inspiring him to earn the same license and help others face the IRS with confidence. Three-Step Fix for Any Tax Problem 🔧 Pull transcripts for every tax year back to 1990. File only the six years the IRS requires for compliance. Choose the right remedy: an affordable installment plan, “currently not collectible” status, or (if you qualify) an offer-in-compromise. COVID Lien Pause = Invisible Liabilities ⚠️ From 2020 to 2023 federal tax liens were rarely filed, so a partner’s credit report may look clean while big balances sit unseen. Due-Diligence Checklist for Partnerships 🤝 • Ask every prospective partner for an IRS transcript, not just a credit score. • Verify all returns are filed and any balances are addressed before funding a deal. • Re-check transcripts and title records before refinancing or selling. 🗣️ Key Quotes “I file the power of attorney so you never have to call the IRS yourself.” “The IRS usually needs just six returns to call you compliant.” “A hidden lien can halt a refinance and trap your equity.”Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication: https://moonlightcre.com/ebook_download/ Website: Moonlightcre.com Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation Click On The Link Below For More Information About Eric Lindsey: https://linktr.ee/ericlindsey

    22 min
  3. 🎙️ How To Operate A Syndication Business While Working Full-Time with Nate Pharmer-Eden 🤝🏢

    JUN 19

    🎙️ How To Operate A Syndication Business While Working Full-Time with Nate Pharmer-Eden 🤝🏢

    Community-services coordinator by day, apartment buyer by night! Nate Pharmer-Eden 🇺🇸 started out helping manage 1,000+ Madison WI units for a developer, then realized he wanted ownership too. With a fiancée, two kids, and a 9-to-5, he formed Eaton Capital (2023) and began scooping up value-add multifamily deals in the Carolinas without quitting his W-2 job. His secret sauce? Tight partnerships, vertical integration, and crazy-good time blocking. ⏰🏗️ 🔍 Things Discussed Early Influence & Real-Estate Spark ⚡ • Paid college internship in insurance showed him the cubicle life wasn’t for him. • A fraternity brother’s 254-unit project hired Nate as resident-services lead—boots-on-the-ground education! 👟 • First personal deal (2016): FHA duplex for $64.9 K; painful tenant issues but priceless lessons. How to Scale Your Business While Working Full-Time 🚀📈 • Formed Eaton Capital for economies of scale. • Added partners who cover weekday site work while he tackles evenings/weekends. • Built in-house construction + management (MK Residential Partners) to slash rehab costs to $13 K per unit and stay on schedule. ⚖️ How Nate Balanced Life, Family, W-2 & Real Estate 👨‍👩‍👧‍👦🔧 • Early-morning underwriting ☕, lunch-break lender calls, weekend property walks. • Delegates plumbing, leasing, bookkeeping—focuses on investor relations & strategy. • Keeps ample reserves so home finances stay calm when roofs leak or trees fall. 🌳💧 🔑 Nate’s Current Business Focus: Strategic Growth in 2025 🗓️ • 66 doors AUM: ◦ 12-unit Kernersville NC (Jan 2024) - bought $600 K with 12.5 % bridge debt; fully renovated & stabilized a year ahead of plan. 🛠️🏠 ◦ 54-unit nearby - purchased off-market for $3.275 M, appraised $4 M; 10-yr Freddie SBL at 5.67 %. Targeting rent bumps from $579 ➡️ $900+ via light-value-add (LVP floors, paint, fixtures). 💵 • Goal: add 200-300 more Carolinas units before expanding to VA/GA. • Underwrites conservatively, buys rate caps only when numbers still pencil out. ⭐ Key Takeaways & Advice for Busy Professionals 💰 Use your paycheck—lenders love W-2 stability. 💳 Partner up—real estate is a team sport; find folks who complement your gaps. 🤜🤛 Vertical integration saves cash—own the reno & management lines where you can. 🛠️ Conservative underwriting wins—assume bumps, break-downs & bigger insurance bills. 📉 Grow before you go—stack reliable cash flow first; quitting comes later. 🏁 Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication: https://moonlightcre.com/ebook_download/ Website: Moonlightcre.com Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation Click On The Link Below For More Information About Eric Lindsey: https://linktr.ee/ericlindsey

    34 min
  4. Transitioning From an Investor-Friendly Realtor to a Full-Time Investor with Michael Liddicoat🏃‍♂️💼➡️🏘

    JUN 12

    Transitioning From an Investor-Friendly Realtor to a Full-Time Investor with Michael Liddicoat🏃‍♂️💼➡️🏘

    Meet Michael Liddicoat—former teacher, nonprofit director, and IT project-ops pro who pivoted into real estate after watching his parents write a six-figure commission check on a 120-acre sports-complex land purchase. Determined to keep future fees “in the family,” he got licensed, mastered underwriting, and ultimately left the W-2 world to become a full-time investor and fractional COO. 🚀 🔍 Things Discussed Sports-Complex Land Deal 🏟️ Parents’ firm closed on 40 acres that later expanded to 120 acres. A six-figure commission to an outside realtor inspired Michael to get his own license. Career Evolutions 🌱 Elementary teacher ➡️ nonprofit exec ➡️ IT sales & ops ➡️ part-time realtor ➡️ investor/COO. Investor vs. Residential Focus 🏠❌ Residential felt unscalable; serving investors proved repeatable and higher-value. Building a 40-Buyer List 📑 Weekly MLS underwriting emails (addresses hidden) plus off-market calls. Creative Finance & BiggerPockets Deep-Dive 📚 Learned deal structuring under an investor-broker mentor. Today’s Fractional COO Work 🧭 Scales ops for marketing agencies, tax firms, and REI lead-gen companies. 🚀📈 How Michael Scaled While Working Full-Time Time-blocking lunch & evening deal slots. Google Fi voicemail + auto-transcripts for pro call management. Spreadsheet automation to slash analysis time. Investor-centric buyer-agency agreements—80 % close rate. ⚖️ Balancing Life, Family, W-2 & Real Estate Leveraged each 9-to-5 to fund deals & sharpen systems. Guarded family time with “quiet hours” while automation worked in the background. 🔑 Current Business Focus (2025) Strategically growing cash-flow assets in Tulsa, OK, while serving clients as a fractional COO. ⭐ Key Takeaways for Busy Professionals 💡 Leverage every skill. Classroom management, fundraising, and IT ops all translate to deal flow. Know lender rules first. LTV & DSCR dictate offers—call banks early. 🏦 Systems beat sheer hustle. Repeatable underwriting + weekly buyer blasts build credibility. 📊 Quiet pros have gold. Coffee with low-key investors yields the best insights. ☕ Keep commissions in-house. Licensing (or partnering) can save six figures over your career. 💸 👉 Juggling a day job and real estate dreams? Michael Liddicoat proves you can stack skills, honor family time, and build wealth—one well-underwritten deal at a time! Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication: https://moonlightcre.com/ebook_download/ Website: Moonlightcre.com Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation Click On The Link Below For More Information About Eric Lindsey: https://linktr.ee/ericlindsey

    46 min
  5. ️ From 100‑Hour Shifts as a Gas‑Line Tech ➡️ 130‑Unit BRRR Success with Austen Baxter Part 2🤯✨

    JUN 5

    ️ From 100‑Hour Shifts as a Gas‑Line Tech ➡️ 130‑Unit BRRR Success with Austen Baxter Part 2🤯✨

    Intro Summary Austen Baxter jumped from three overlapping jobs—daytime residential‑gas tech, overnight DOT construction, and weekend subcontracting—to a life where rentals pay the bills and family dinners aren’t rushed. How? Late‑night “work sprints” for underwriting, portfolio lines of credit to fund BRRR rehabs, and credit‑union refis every 30–60 days. Timeline: Within two years his rental income tripled his W‑2 wages, letting him quit the subcontracting gig first, then the gas job, and finally the overnight shift. Today: He manages ≈ 130 units spanning residential, commercial, and light‑industrial deals, works 2–4 hours per week, and mentors 150+ students through BaxterRentals.com. 🏡🚀 🔍 Things Discussed How to Scale Your Business While Working Full‑Time 🚀📈 1–2 hr nightly underwriting blocks; lunchtime deal checks; weekend site visits. Portfolio lines of credit for quick buys; no‑seasoning credit‑union refis to recycle cash. Growth cadence: one BRRR at a time → two → four at once across multiple states. ⚖️ How Austen Balanced Life, Family, W‑2 & Real Estate Sacrifice phase: 19‑ to 20‑hour days, 3–5 hrs sleep, minimal family time. Turning point: Fell asleep in the driveway after a 24‑hour grind—forced a change. Recovery: Dropped side gigs first, built large reserves, phone off at dinner, scheduled vacations once rentals stabilized. 🔑 Austen’s Current Business Focus Is: Strategic Growth in 2025 Adding bundled single‑family rentals in landlord‑friendly states (Missouri & Florida). Diversifying into small commercial and light industrial for higher yields. Expanding lender network for faster refis and coaching busy professionals via BaxterRentals.com. ⭐ Key Takeaways & Advice for Busy Professionals That Want to Buy Real Estate 💰 Leverage Your Paycheck 🏦—Use W‑2 stability for loans & reserves until rentals cover life expenses. Start Small, Learn Fast 🛠️—One well‑run house beats any seminar. Use Lines of Credit 💳—Fast money secures deals before competitors react. Guard Family Hours 👨‍👩‍👧‍👦—Block work sessions, then sign off; wealth shouldn’t cost relationships. Know Real Numbers 📊—Verify rents, taxes, insurance, maintenance; walk if cash flow fails. Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication: https://moonlightcre.com/ebook_download/ Website: Moonlightcre.com Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation Click On The Link Below For More Information About Eric Lindsey: https://linktr.ee/ericlindsey

    21 min
  6. From Working Multiple Jobs To Make Ends Meet To Financial Freedom Through Using The BRRRR Method With Austen Baxter 🔧🏠💥

    MAY 29

    From Working Multiple Jobs To Make Ends Meet To Financial Freedom Through Using The BRRRR Method With Austen Baxter 🔧🏠💥

    Meet Austen Baxter—former gas‑line technician by day, former DOT road‑crew worker by night, former weekend subcontractor, and always a husband and dad. For three solid years he: • Woke up at 9 AM to trade the market 📈 • Fixed gas lines until 7 PM 🔧 • Clocked in for overnight highway work until 5 AM 🚧 • Grabbed a 4‑hour nap 😴 • Repeated that loop Mon–Fri—then ran his own remodel crew 12 hours each Saturday & Sunday 🛠️ 🚀 Austen’s First BRRRR Deal (Real Numbers) 🛒 Bought: $65 k fixer 🔨 Rehab: $20 k paint, floors, light kitchen work 💰 Rent: $1,450/month (≈ $500 net cash flow) 🏦 Refi: $142 k appraisal → 75 % DSCR loan repaid hard money & returned his $10 k ♻️ Capital rolled straight into the next house—every 30‑60 days. 📈 How He Scaled While Working Full‑Time 1️⃣ Lunch breaks = lender calls ☎️ 2️⃣ Midnight drives = contractor check‑ins 🛻 3️⃣ Hard‑money + stacked business credit lines funded deal after deal 💳 4️⃣ Property managers handled tenants so he could keep grinding (and sleeping) 🛏️ 🎯 Why & When He Quit The W‑2 Grind ⚠️ Safety First: Falling asleep in traffic and even in a tree with a chainsaw was the wake‑up call. 💵 Income Next: After roughly two years, rental cash flow tripled his old wages, allowing him to drop the weekend gig, then the day job, and finally the night shift—once he’d built a solid portfolio of cash‑flowing properties. 💡 Key Tips For Busy Professionals 🔹 Leverage Your Paycheck 🏦 – Banks love steady W‑2 income. 🔹 Buy Below Market 📉 – Big spreads absorb high rates. 🔹 Recycle Dollars With BRRRR 🔄 – One pile of cash can fund many homes. 🔹 Quit Last, Not First ⏳ – Replace your paycheck before handing in notice. 🔥 Ready to start a rental side hustle while keeping your full‑time job? Drop a “🏡” in the comments to swap funding hacks and first‑deal stories! #SideHustle #W2Investor #BRRRR #RealEstate #FinancialFreedom Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication: https://moonlightcre.com/ebook_download/ Website: Moonlightcre.com Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation Click On The Link Below For More Information About Eric Lindsey: https://linktr.ee/ericlindsey

    17 min
  7. The Benefits of Working with a Dynamic Corporate Mid‑Term Rental Property Management Company for Midterm Rental Properties with Angela Healy

    MAY 22

    The Benefits of Working with a Dynamic Corporate Mid‑Term Rental Property Management Company for Midterm Rental Properties with Angela Healy

    In this segment, Angela Healy explains how partnering with an expert mid‑term property management company transforms the landlord experience. Mid‑term rentals—furnished stays of 30 days or more—bridge the gap between short‑term and traditional leases, offering steady income and lower turnover. By educating HOAs and city economic‑development teams, Avenue West keeps buildings rent‑ready and owners protected, all while Angela scaled the business from a single condo in 2004 to an 18‑office, 500‑city franchise network. 🔍 Things Discussed Regulation Outlook 🏛️ – Short‑term Airbnb crackdowns stem from housing shortages. – Mid‑term rentals remain regulation‑friendly when you build trust with local officials. Educating Key Stakeholders 🎓 – The Corporate Housing Providers Association works with economic‑development centers to highlight corporate housing needs. – Angela meets HOA boards early to lock in the 30‑day lease minimum and prevent rushed moves to 3–12 month rules. Owner & Property Due Diligence 🔍 – Avenue West calls back the same day, reviews your HOA’s fine print, and checks cash‑flow reserves. – Annual budgeting strategies ensure a two‑week vacancy never threatens your mortgage. Fee Structure & Value Proposition 💸 – 70 / 30 Split: Owners keep 70 %, managers keep 30 % but raise gross rents and handle all turnovers, cleans, and repairs. – Premium management often yields higher net income with zero evening or weekend work for owners. HOA Case Study 🏢 – One building’s sudden shift from 30‑day to 12‑month minimum wiped out mid‑term tenants. – Early education of boards prevents these costly surprises. 🚀 How To Scale a Mid‑Term Rental Business by Partnering with an Expert Turnkey Operations: Delegate guest vetting, billing, turnovers, and maintenance. Liability Protection: Each unit resides in its own LLC, set up for you with minimal tax work. Repeatable Growth: Tap into proven systems and add properties effortlessly. ⭐ Key Takeaways & Advice for Busy Professionals That Want to Buy Real Estate 💰 Engage Regulators Early – Educate HOAs & city offices on the benefits of 30‑day leases. Budget Annually – Maintain reserves so short vacancies never derail your finances. Outsource Operations – Partner with experts to scale without sacrificing evenings or weekends. Protect with LLCs – Use one entity per property to contain liability. Leverage Your Network – Build a team with a rental‑savvy CPA, real‑estate attorney, and specialized banker.

    14 min
  8. Using Mid‑Term Rentals to Leave a Commercial‑Lending W‑2 Job And Scaling A Mid Term Rental Management Company with Angela Healy 🏦🏡

    MAY 15

    Using Mid‑Term Rentals to Leave a Commercial‑Lending W‑2 Job And Scaling A Mid Term Rental Management Company with Angela Healy 🏦🏡

    Angela Healy grew up helping her parents manage a pair of rentals that paid for four college tuitions—proof that real estate builds real security. After college she joined a bank as a commercial lender and used her savings to buy a small condo in San Francisco. Six months later rising costs left her “house‑poor,” so she furnished the unit and leased it to a corporation on a month‑to‑month basis—one rent check that covered all expenses and produced surplus cash. In 2004 that success gave her the confidence to leave banking, move to Denver, CO, and join Avenue West full‑time; she purchased the company in 2010 and has since expanded it to 18 locations serving 500 + markets. 🚀 🔍 Things Discussed Early Influence & Real‑Estate Spark ⚡ • Parents’ two rentals inspired Angela to seek wealth through property. • She saved babysitting money and early paychecks for the condo down‑payment. • “House‑poor” reality led her to the then‑new concept of furnished mid‑term rentals. How to Scale Your Business While Working Full‑Time 🚀📈 • Treated real estate as a second job—handling turnovers, maintenance, and tenant needs on nights and weekends. • Advised listeners to hand off tasks to professionals once additional properties demand more time. • Explained that shifting some responsibilities (e.g., cleaning, repairs) can help an investor grow beyond a single unit. ⚖️ How Angela Balanced Life, Family, W‑2 & Real Estate • Committed evenings and weekends to property duties while holding her lending role. • Recognized that her day‑job income provided security while she tested the rental model. • Emphasized hard work and discipline as keys to managing both roles successfully. 🔑 Angela’s Current Business Focus: Strategic Growth in 2025 • Avenue West manages only mid‑term rentals (minimum 30‑day stays). • Roughly 70 % of inventory is one‑ and two‑bedroom condos; the rest are townhomes or single‑family homes. • Company goal: keep each unit occupied about 80 % of the year under a revenue‑sharing model with owners. • Builds exclusive corporate relationships to place traveling professionals nationwide. ⭐ Key Takeaways & Advice for Busy Professionals 💰 Leverage Your Day‑Job Income 🏦 – Use a steady paycheck to qualify for financing and cover start‑up costs. Start Small, Think Smart 🏠 – One well‑managed unit can prove a concept and fund bigger opportunities. Partner When It Pays Off 🤝 – As your portfolio grows, outsource hands‑on tasks so you can focus on new deals. Choose the Right Strategy 📑 – Mid‑term rentals can provide higher, steadier income than long‑term leases without the turnover of short‑term stays. Drop a “🏘️” in the comments if Angela’s story motivates you to turn your W‑2 income into real‑estate cash flow, and tag a friend who should start their own side‑hustle journey! #SideHustleJourney #MidTermRentals #W2Investors #CorporateHousing #FinancialFreedom Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication: https://moonlightcre.com/ebook_download/ Website: Moonlightcre.com Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation Click On The Link Below For More Information About Eric Lindsey: https://linktr.ee/ericlindsey

    16 min

About

We show working professionals and busy people how to invest in real estate as a side hustle or a full-time business. We interview guests who have successfully started real estate businesses part-time and have turned them into full-time enterprises, or have generated passive income for themselves. This show will also demonstrate how to invest in real estate with low or no money. You will learn how to achieve success in various niches within real estate, including wholesaling, fix and flip, BRRR (Buy, Rehab, Rent, Refinance), and syndicating commercial real estate.

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