Apartment Investor's Club Podcast Jonathan Twombly

From a chance encounter with a retired banker, Kevin Bupp stumbled upon an unexpected investment opportunity in mobile home parks and parking lots. But what happened next was a twist that no one saw coming. What was it and how did Kevin overcome it? Find out in this gripping transcript.
“I realised that there was a better way...Mobile home parks have a lot of similarities in multifamily properties. It's a different type of vehicle - literally!” 
In this episode, you will be able to:
👉Discover the financial perks and challenges tied to mobile home park investments, along with their potential for growth.
👉Uncover the need for affordable housing options to meet the growing demands of service workers.
👉Learn how to recognize prime locations and enlist professional management for parking garage investments.
👉Realise the importance of education and networking in the pursuit of successful real estate investment ventures.

About Kevin Bupp

Kevin holds the keys to successful real estate investment. With over two decades of
experience, Kevin educates investors on how to locate, acquire, and create “higher than average” returns through commercial real estate investing. He shares his expertise through one of the longest-running Commercial Real Estate Investing Podcast, "Real Estate Investing for Cashflow" which has been downloaded millions of times by listeners in over 190 countries.


Kevin is a principal & founder of Sunrise Capital Investors, a boutique real estate private equity firm that specialises in niche commercial real estate investments.


In addition to his Real Estate endeavours, Kevin is passionate about giving back and is actively involved in multiple charitable organisations.

Some key points:

(01:53) Mobile home investing hasn't always been a respectable business
(06:36) Making the first mobile home deal in the early 2010s
(10:28) Kevin's business model: own the pads, not the homes themselves
(14:07) Renting out vs selling mobile homes
(16:03) Do people decide to just pack up and take their mobile homes on the road?
(16:57) How to evaluate mobile home assets
(19:08) Many mobile park assets are behind the market for two reasons
(21:00) The biggest CapEX cost for mobile home plots is infrastructure
(23:01) The cost of renovating an out of shape mobile home plot
(25:53) The ROI on renovating a typical mobile home plot
(26:46) Mobile home parks and the effect of the rising interest rates
(28:39) Mobile home supply is shrinking. Is manufactured housing the answer to the affordability crisis?
(35:04) Parking garages as an investment: it's a cash-flow and covered land play
(37:58) Operating parking lots is very simple in terms of meintenance and services
(44:33) Parking lots often have higher potential as redevelopment assets
(45:20) Kevin's new book and closing thoughts

🌎Reach out to Kevin Bupp

Website https://kevinbupp.com/
LinkedIN https://www.linkedin.com/in/kevinbupp
Instagram https://www.instagram.com/buppkevin/?hl=en
Real Estate Investing for Cash Flow with Kevin Bupp

🌎Reach out to JonathanTwombly
LinkedIn: https://www.linkedin.com/in/jonathandtwombly

Loved this episode? Leave us a review and rating on Apple podcasts by clicking here.

Make sure to also check some of our previous episodes:

Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton

Hotel Conversions To Multi Family Housing With David Peters

🎤 Podcast production EZPZ Productions

Establishing strong, long-lasting relationships in the real estate investing sphere is fundamental to success. Building these relationships takes time, effort and mutual trust. By connecting with reputable sponsors, experienced investors and knowledgeable professionals, investors can ensure they are well supported throughout their investment journey.

Additionally, these relationships create a platform for resource sharing, guidance and mutual growth, all while increasing the investor's chances of successful returns.

To Spencer Hilligoss, establishing and maintaining relationships is a top priority in the world of real estate investing. As mentioned in the podcast, Hilligoss believes that skipping the relationship-building stage is a missed opportunity for many investors.

By cultivating trust and a shared investment philosophy with others, Hilligoss has not only built a highly successful investment club, but also solidified his reputation as an accomplished real estate investor.

In this episode, you will be able to:
 
Master the intricacies of fluctuating interest rates and safeguard your real estate investments.
Cultivate meaningful investor relationships as the cornerstone of fruitful real estate investment.
Unravel the vital connection between self-realisation and a thriving business model.
Shed light on the pathway to broker-dealer accreditation, boosting credibility in real estate investing.

“The long view is important right now for everyone in the passive investor mindset.”

About Spencer Hilligoss

Spencer Hilligoss is a full time investor and former operations leader who walked away from a lucrative career of 13 years across 5 high-growth Fintech companies. In 2019, five months before the pandemic - Spencer left behind the golden handcuffs to give full focus on serving Madison Investing’s passive investor group. 
Now, Spencer’s full focus goes to Madison Investing - a passive investing group with hundreds of members actively deploying capital with Madison’s vetted sponsors and deals in high-growth markets across the US. Spencer and his wife/COO Jennifer put their own personal skin-in-the-game with each operator as the cornerstone of a 5-part sponsor vetting framework, designed to de-risk the toughest question facing every passive investor: “can I trust this team with my capital?”
Madison Investing specializes in real estate syndications and private equity funds - focused on multifamily, self storage and niche asset classes. Madison has partnered on real estate deals totaling more than 10,000 units - spanning 36 deals and 13 full-cycle exits.
Spencer is a father of two, an avid guitar player, graduate of CU Boulder and currently based in the Bay Area, California. He is a registered member of FINRA and a member of the Forbes 2022 Business Council. Madison Investing is accepting applications from new members who meet Accredited Investor requirements: www.madisoninvesting.com

Some key points:

(02:19) How Spencer came to run an investment club
(05:47) Spencer's take on the current state of the multi family market
(10:26) The times of easy money are likely over
(13:14) People are unable to refinance their debt and this is where the opportunity lies
(15:17) Spencer explains how the investment club works
(19:36) How Spencer built up the relationships that formed the club
(22:22) Spencer's approach to syndication is old-school
(24:21) People are less bullish, so closer investor relationships have become more important
(25:53) Quality vs quantity in investor relationships
(27:33) On becoming a broker dealer
(31:23) FINRA compliance requirements
(33:24) How to reach out to Spencer

🌎Reach out to Spencer Hilligoss

LinkedIN
Website: https://www.madisoninvesting.com/

🌎Reach out to JonathanTwombly
LinkedIn: https://www.linkedin.com/in/jonathandtwombly

Loved this episode? Leave us a review and rating on Apple podcasts by clicking here.

Make sure to

We've got Brian Briscoe joining us for a chat with our host, Jonathan Twombly. Brian is a fantastic example of how drive and determination can pave the way for success in real estate investing. As a military veteran himself, he understands the unique challenges faced by our audience and has plenty of wisdom to share. So, sit back, relax, and get ready to soak up some knowledge from the one and only Brian Briscoe!

“Don't wait until everything is perfect to start your journey. You'll never get started. Start where you are with what you have, and take it one step at a time.”

Collaborating through joint venture partnerships can offer numerous benefits to investors, such as pooling resources, sharing expertise, and minimizing risk. These partnerships often result in increased access to investment opportunities, helping investors further expand their portfolios.

This collaborative approach requires effective communication, trust, and transparency among partners to ensure the venture's success.

Brian Briscoe explains how joint venture partnerships have played a role in his real estate investing journey. Recognizing the value of working together with other investors, Brian understands the power of leveraging shared resources to better navigate the challenges of investing in multifamily properties.

Briscoe's experience highlights the potential advantages these partnerships can offer when pursuing a successful real estate investment career.
In this episode, you will be able to:
Embrace the vital role of ambition and grit in enhancing your real estate investment prowess.
Explore the rewards of investing in multifamily properties to bolster your rental income strategy.
Hone your skills in analysing potential investments and detecting hidden gems in the market.
Develop a resilient mindset that embraces failures, evolving into a more adept investor.
Acknowledge the power of relentless perseverance and focused hard work in climbing the ladder of success.

Some key points:

(00:58) Brian is a full-time multi-family syndicator, coach and podcaster
(01:58) Brian's background and story of how he got into multi-family
(05:03) How Brian got his initial start in syndications
(08:47) Knocking on broker's doors to get a foot in
The importance of meeting brokers face to face
(12:09) Scaling the business after the first deal was done
(13:54) The key to making large deals a successful investment
(18:11) Moving on to larger properties
(21:46) In 2021, Brian decided to go solo
(22:58) Syndication is a difficult business to run solo, you need a good team around you
(26:00) Brian now operates in Salt Lake City
Brian's strategy for finding multi family investors via LinkedIn
(34:42) In the real estate business your mindset and attitude are key. Brian shares some personal struggles relating to mindset
(42:03) How to reach out to Brian


🌎Reach out to Brian Briscoe

LinkedIN
Diary of an Apartment Investor PODCAST

🌎Reach out to JonathanTwombly
LinkedIn: https://www.linkedin.com/in/jonathandtwombly

Loved this episode? Leave us a review and rating on Apple podcasts by clicking here.

Make sure to also check some of our previous episodes:

Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton

Hotel Conversions To Multi Family Housing With David Peters

🎤 Podcast production EZPZ Podcasting



 

Exploring emerging markets and up-and-coming areas is a smart approach that can lead to substantial payoff for real estate investors. Buyers seeking opportunities should keep an eye on developments in areas like Myrtle Beach and Anderson in South Carolina, as these locations could prove advantageous to those ahead of the curve.

Jonathan Kessler navigates the tumultuous world of real estate transactions as sellers struggle to accept the new reality of lower proceeds, and even high-end deals are retraded, all while the market shifts daily and a potential recession looms.

“I think people are more cautious of who they partner with and how they start to acquire deals.”

In this episode, you will be able to:
Uncover current insights on South Carolina's multifamily market.
Grasp how leverage affects the multifamily market and its players.
Look into the promising potential of Southeast market's rent growth.
Acknowledge the significance of teaming up with expert syndicators.
Delve into breakthrough opportunities in emerging markets and built-to-rent properties.

Today’s guest

Jonathan Kessler is a New England transplant who has lived in South Carolina since 2006. In 2015, he began his CRE career brokering multifamily properties. He currently serves as a shareholder and Director of multifamily for Aline Capital. Prior to CRE, Jonathan lived writing and teaching English all over the world. Some locations include New England, Honolulu Hawaii, Qatar and Costa Rica. His writing has been published numerous times. Jonathan earned his Masters Degree from the University of Massachusetts. He enjoys reading, films and spending time with his family outdoors.

Some key points:

(01:32) Jonathan's take on the current state of the multifamily market
(06:03) Are sellers adjusting to the new reality?
(08:02) People's expectations in regards to refinancing are not being met
(18:13) Some people refuse to sell. What is the seller profile of the people holding on
(21:18) We are now about to find out who just timed the market well and who is good at raising money
(24:10) People are moving out of areas with expensive rent. Is the great catch-up over?
(27:29) The COVID-based market movements continue
(29:36) Rent increases and delinquency
(30:52) Where are the interest rates heading within the next 6 to 12 months?
(33:20) How should current buyers approach the market
(37:39) Up and coming markets in the South Carolina area
(42:24) Get in touch with Jonathan Kessler and Aline Capital


🌎Reach out to Jonathan Kessler
LinkedIN
Email: jkessler@alinecapital.com
Aline Capital https://www.alinecapital.com/
Aline Capital on IG https://www.instagram.com/aline_capital/?hl=en
Aline Capital on Twitter https://twitter.com/alinecapital?lang=en

🌎Reach out to JonathanTwombly
LinkedIn: https://www.linkedin.com/in/jonathandtwombly

Loved this episode? Leave us a review and rating on Apple podcasts by clicking here.

Make sure to also check some of our previous episodes:

Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton

Hotel Conversions To Multi Family Housing With David Peters

🎤 Podcast production EZPZ Podcasting



 

Today’s guest is Bronson Hill, a dynamic real estate investor and multifamily syndicator with an impressive track record of raising over $30 million for various alternative assets. Before making his mark in the real estate world, Bronson worked in medical device sales, earning a substantial income but yearning for more freedom and control over his time. Determined to change his life, he dove into real estate investing and discovered a passion for helping others achieve financial success in the process. Bronson now shares his expertise and powerful mindset strategies with aspiring investors.

“Believing in yourself is the biggest thing. If you take yourself seriously, the world will take you seriously.”

In this episode, you will be able to:
Strengthen your mindset for lucrative real estate ventures, paving the way for achievement.
Master the art of gathering funds for multifamily syndications, unlocking new investment possibilities.
Learn practical tips to create an engaged audience, opening doors for aspiring real estate investors.
Explore the benefits of alternative assets in combating inflation and securing financial stability.
Uncover the value of meetups in gaining knowledge and forging connections within the real estate investing

Today’s guest

As the Managing Member of Bronson Equity (www.BronsonEquity.com), Bronson is a general partner in 2000 multifamily units worth over $200M. Bronson co-leads a large in person multifamily meetup in Pasadena, CA called FIBI Pasadena Multifamily (www.fibipasadena.com). Bronson is the host of The Mailbox Money Show and he understands the investor mindset, having spoken individually over the phone with over 1300 investors and having raised over $30M for real estate and his ATM Machine Fund deals. Bronson is the author How to Use Inflation to Your Advantage and is a regular contributor to YouTube and his blog. Bronson is the Capital Raising Coach at Kingdom REI, a faith based group, helping investors find deals and raise funds for large real estate deals.

Some key points:

(02:41) Bronson got his start in single-family, while working as a busy medical sales rep
(03:43) Bronson was initially active in Cleveland
(04:38) Why you might want to transition from single-family to multi-family
(05:41) Raising money for your first multifamily deal
(09:32) The importance of self-belief and mindset when getting into new areas of business
(11:43) Some concrete tips for building a bulletproof mindset. Affirmations and reflections
(16:22) The metrics that Broson tracks in order to move his business forward
(21:08) "Before You Quit Your Job" by Robert Kiyosaki is a great book about the employee vs business owner mindset
(26:09) Going from 100K to 30 million
(32:10) What does a successful investor funnel look like
(35:28) Meetups can be a great tool for beginner investors building a network
(40:06) Bronson's vision for 2023

🌎Reach out to Bronson Hill

Bronson Equity https://bronsonequity.com/
LinkedIN
Instagram
Youtube
How To Use Inflation To Your Advantage e-book

🌎Reach out to Jonathan Twombly
LinkedIn: https://www.linkedin.com/in/jonathandtwombly

Loved this episode? Leave us a review and rating on Apple podcasts by clicking here.

Make sure to also check some of our previous episodes:

Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton

Hotel Conversions To Multi Family Housing With David Peters

🎤 Podcast production Everglade Media

Frank Patalano, a former school teacher turned successful international real estate investor, joins host Jonathan Twombly on the Apartment Investors Club Podcast to share his journey into the world of boutique hotel investing in Punta Cana, Dominican Republic. With over a decade of experience in multifamily investing and a passion for exploring new opportunities, Frank's entrepreneurial spirit led him to take on the challenge of managing a small hotel in a highly competitive market. His hands-on and creative approach to navigating the unique challenges of international investing have made him a valuable resource for those looking to expand their real estate portfolios beyond their borders.

In this episode, you will be able to:
Discover lucrative opportunities and tackle challenges in international real estate investments.
Uncover the secret to a comfortable retirement through real estate strategies, specifically for educators.
Delve into the ins and outs of managing a boutique hotel business in Punta Cana, Dominican Republic.
Grasp the essential role of virtual assistants in streamlining real estate operations.
Master the art of networking and relationship building for long-term success in the real estate industry.

Today’s guest

Frank, a former school teacher, has been investing in smaller multi-families for over a decade. Over the last few years, Frank has been investing in Syndications, building businesses and has even become an international real estate investor.

Check out Frank’s VA business here:  https://realagenthelper.com/
Check out the Cash Flow Kings Podcast
https://podcasts.apple.com/us/podcast/the-cashflow-kings/id1448325214

Some key points:

(00:58) Frank is an international real-estate investor: for one his first investments overseas, he went with hotels
(03:44) Initially Frank was looking for multi-family properties, but found that hotels are also taking off in the Dominican region
(05:30) Taking creative advantage of the local real-estate market
(06:56) Differences between the US and Dominican Republic real-estate markets: getting financing can take forever
(08:57) Operating without a bank account
(09:35) Staffing a hotel operation from abroad> differences in the work culture
(12:06) Some lessons after 6 months of boots on the ground at the Dominican Republic
(14:12) CapEx is quite easy to underestimate
(17:47) How to find Frank's hotel and join him for a special real-estate event
(18:08) Going from a career in teaching to multifamily real-estate
(21:21) Investing in syndications both as an active investor and passive investor
(24:34) Frank's approach is team-specific, not so much location-specific
(27:23) It's doubtful that the Fed will pivot and bring back the boom times
(29:18) Frank also runs a VA business with a real-estate focus
(32:54) Real-estate entrepreneurs can save a ton of time by outsourcing to VAs
(34:33) Vetting and training VAs internationally
(35:26) The secret to running multiple businesses at the same time
(38:07) Frank considers networking and solid relationships to be the key to his career transformation
(38:30) Ways to get info about Frank's VA business and reach out to Frank himself

🌎Reach out to Frank Patalano

LinkedIN https://www.linkedin.com/in/frankpatalano
IG https://www.instagram.com/ribuy/?hl=en
Website (Frank’s VA business) https://realagenthelper.com/
Cash Flow Kings Podcast https://podcasts.apple.com/us/podcast/the-cashflow-kings/id1448325214


🌎Reach out to Jonathan Twombly
LinkedIn: https://www.linkedin.com/in/jonathandtwombly

Loved this episode? Leave us a review and rating on Apple podcasts by clicking here.

Make sure to also check some of our previous episodes:

Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton

Hotel Conversions To Multi Family Housing With David Peters

🎤 Podcast production Everglade Media