Passive Investing from Left Field Jim Pfeifer & Left Field Investors

Join host Jim Pfeifer and real estate developer Andrew Brewer as they explore the intricate world of real estate development. Discover the crucial steps, potential risks, and expert strategies for successful property development. Whether you're a seasoned investor or new to the field, this episode offers invaluable insights to help you navigate your investment journey with confidence. Tune in to learn how to assess projects, select the right partners, and manage development risks effectively.   


About Andrew Brewer 
Andrew is the Founder and Managing Partner of IronGall Investments, a real estate development firm based in Austin, and Distance 3 Development, a real estate investment firm based in San Antonio. As a developer and project sponsor Andrew has helped hundreds of busy professionals achieve time and financial freedom through passive real estate investments in markets across the US.He has experience in apartments, townhomes, single family home subdivisions, mobile home parks, RV parks, and office warehouse spaces. The value of projects sponsored by Irongall Investments and Distance 3 Development has a combined market value of hundreds of millions of dollars. Too often, we've seen working professionals miss far too many school plays and soccer games, and we've also seen individuals too busy to pursue their passion projects. Andrew wants to help as many people as possible to take control of their time and accumulate wealth through real estate so they won't have to miss any more significant occasions.Andrew has a varied background in real estate and has participated in projects as an owner, developer, operator, engineer, and consultant.As an operations engineer, Andrew implemented comprehensive building turnarounds of underperforming assets, resulting in enhanced operations, cheaper maintenance costs, and better resident experiences. 


Here are some power takeaways from today’s conversation:
02:07 His background
05:25 What projects he has right now
10:39 How to vet an operator?
20:26 Questions for the deal 
26:31 How the returns are structured
31:52 How the phases work
34:39 Podcast recommendations34:57 contact


 

This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.    


   
Podcast Recommendations:Best Ever Podcast: https://www.bestevercre.com/podcastBigger Pockets: https://www.biggerpockets.com/
Resources Mentioned:
Contact the guest:LinkedIn https://www.linkedin.com/in/andrew-brewer-irongall-investments/ 
Advertising Partners:
Vyzer:https://vyzer.co/
Left Field Investors:https://www.leftfieldinvestors.com/
Rust Belt Capitalhttps://rustbeltcapital.com/
Tribevest: https://www.tribevest.com/
Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suhhttps://www.leftfieldinvestors.com/books/

Join us on "Passive Investing from Left Field" as we dive into an enlightening conversation with Michael Sarracini, a seasoned real estate investor and former boy band member turned entrepreneur. Discover Michael's unique journey from pop stages to property pages and learn how he leverages the three core investing streams to achieve financial freedom. Don't miss out on his valuable insights into transforming your real estate investments from active hustles to passive income streams!  


About Michael Sarracini 
Michael Sarracini is an award-winning entrepreneur and real estate investor. Starting over 20 years ago as a university student with nothing but debt and the drive to succeed, he turned a small government loan into a multimillion-dollar real estate empire that allowed him to retire at 25. With his new freedom he then explored other industries including television, ecommerce, real estate development & private education.Today Michael is CEO of Keyspire and Chairman of The Sarracini Group. He focuses on adding value to people through personal development and education as well as adding value to land through strategic partnerships and development.Michael’s team has trained more than 100,000 real estate investors and helped them generate tens of millions of dollars in net worth.As an entrepreneur, he has won multiple business awards for business growth, sales revenue and employee satisfaction, and in 2016 he led the #1 fastest-growing consumer business in the country.Michael supports his business growth through strong leadership, solid business practices and community involvement.Michael believes in, and invests heavily in, his personal growth and personal development.He believes strongly in community involvement and sits on the board of directors and the leadership committee for the Children’s Foundation.Michael lives with his wife and two boys just outside of Toronto, Canada. He loves to spend time with his family swimming, mountain biking, hiking, BBQing and loves hosting big family dinners. He also enjoys scuba diving and playing squash.Michael’s ultimate goal is to help his partners and his students maximize both their profits and their purpose so they can live enriched and fulfilling lives.  


Here are some power takeaways from today’s conversation:
01:57 His background 
07:25 Boss mindset leading to real estate
10:57 Transitioning from active to passive real estate
18:57 Three investing streams 
22:36 Income vs. appreciation 
26:57 Finding the right individual path to financial freedom
29:50 Podcast recommendation 31:43 Contact Guest


 

This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.    


   
Podcast Recommendations:Dr. Huberman Podcast: https://www.hubermanlab.com/podcastPeter Attia :https://peterattiamd.com/
Resources Mentioned:
Contact the guest:LinkedInwww.linkedin.com/company/keyspire/Instagramhttps://www.instagram.com/_keyspire_/Facebookhttps://www.facebook.com/keyspire/YouTubehttps://www.youtube.com/channel/UChQL2BsGF0UQO1VPkd5wHig
Advertising Partners:
Vyzer:https://vyzer.co/
Midloch:https://midloch.com/
Left Field Investors:https://www.leftfieldinvestors.com/
Rust Belt Capitalhttps://rustbeltcapital.com/
Tribevest: https://www.tribevest.com/
Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suhhttps://www.leftfieldinvestors.com/books/

Welcome to another insightful episode of the Passive Investing from Left Field Podcast! Today, we're joined by wealth management advisor Jameson Lett, who shares his expertise on comprehensive financial planning, infinite banking, and proactive wealth management. Tune in to learn how you can optimize cash flow, protect your assets, and build long-term wealth by including real estate and alternative investments in your strategy. Don't miss this episode packed with valuable advice for both investors and business owners!  


About Jameson Lett 
Jameson Lett is a Wealth Management Advisor based out of Columbus, OH. His team has developed and refined a planning process that enables investors to better coordinate their financial decisions using comprehensive models that can help optimize cash flow, protect asset value, and build long-term wealth. Weary of the traditional advisory model with its narrow focus and cookie-cutter advice, Jameson graduated from The Ohio State University and chose a different path: He spent 5 years working with people with developmental disabilities to help them achieve meaningful employment and community engagement. The work was never boring and elicited its own reward, but Jameson saw the way that proper financial planning could drastically enhance people’s lives, particularly when medical complexities were part of the equation. Unable to shake the entrepreneurial itch, he began laying the foundation for his future business in 2012. Through the help of others and with a productive mix of creativity and grit, Jameson launched his practice in the early Spring of 2013.
Today, Jameson is proud to have his planning practice as a part of First Financial Group, a high-performance team that delivers custom-tailored strategies to pre- and post-exit business owners and LP investors all over the country. Best of all, Jameson is still fortunate to advocate for people with developmental disabilities. In addition to providing financial services to the families and businesses that operate in this space, Jameson also serves on the board of trustees for I Am Boundless, the largest and fastest growing services provider in Ohio.


Here are some power takeaways from today’s conversation:
02:00 His journey
04:45 Reactive planning vs proactive planning
07:38 Including alternatives in your planning 
12:12 Implementing infinite banking
18:15 Whole life insurance
22:25 Talking to someone who doesn’t like whole life insurance
29:23 Working with a business owner vs an LP investor33:18 Should you find a financial advisor that works with real estate?
35:55 Should your financial advisor be a fiduciary?
38:13 Podcast recommendations
39:14 Contact Jameson



 

This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.    


   
Podcast Recommendations:The Hard Fork Podcast: https://podcasts.apple.com/us/podcast/hard-fork/id1528594034Dan Carlin's Hardcore History: https://podcasts.apple.com/us/podcast/dan-carlins-hardcore-history/id173001861
Resources Mentioned:
Contact the guest:LinkedIn www.linkedin.com/in/jamesonlett
Advertising Partners:
Vyzer:https://vyzer.co/
Left Field Investors:https://www.leftfieldinvestors.com/
Rust Belt Capitalhttps://rustbeltcapital.com/
Tribevest: https://www.tribevest.com/
Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suhhttps://www.leftfieldinvestors.com/books/

Join us on the latest episode of the "Passive Investing from Left Field" podcast where our host, Jim Pfeifer, sits down with real estate mogul Ken McElroy. Dive deep into the complexities of property management, the effects of economic shifts on real estate, and Ken’s expert strategies for building and maintaining a successful investment portfolio. Whether you're a seasoned investor or just starting out, this episode offers valuable insights into the world of real estate investing.  


About Ken McElroy 
Ken McElroy is a seasoned real estate investor, podcast host and the co-founder and CEO of MC Companies (MC), a national multifamily investment company out of Scottsdale, Arizona. MC’s growing portfolio spans 9000 units across Arizona, Texas, and Oklahoma, worth more than $2 billion in real estate assets. MC Companies’ active philanthropy arm, Sharing the Good Life Foundation, supports local and national charities such as Cystic Fibrosis Foundation, Autism Speaks Arizona, Hydrocephalus Association, The University of Arizona Health Sciences Center, The Leukemia & Lymphoma Society, Susan G. Komen for the Cure and many more.Ken uses his KenMcElroy.com site, YouTube, and podcast platforms to educate and discuss numerous topics connected to real estate, investing, personal finance, budgeting, the entrepreneur mindset and has hosted more than 268 episodes of real estate strategy-related podcasts.He is also the author of the best selling ABCs of Real Estate Investing, ABCs of Advanced Real Estate Investing, ABCs of Property Management, ABCs of Buying Rental Property, his upcoming ABCs of Raising Capital as well as The Sleeping Giant and Return to Orchard Canyon. He is also a contributor to The Real Book of Real Estate by Robert Kiyosaki and Midas Touch by Donald Trump and Robert Kiyosaki. Ken is the founder of The Collective Advisors Mastermind Group and regularly shares his knowledge through live public speaking engagements and personal appearances.Ken is passionate about educating others so that they too can experience financial freedom through real estate investing.
  


Here are some power takeaways from today’s conversation:
2:08 His background
04:33 Vertical integration  
08:05 Questions an LP can ask  
13:00 Why cut interest rates when inflation is high?
18:23 How he views inflation?
29:46 As an LP looking at deals what kind of debt should we be looking for?
35:05 How to vet a trusted proven operator who is struggling?39:51 How to know when to start investing again?
43:44 What he learned from the mistakes he made
47:00 Podcast Recommendations
47:55 Contact 


 

This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.    


   
Podcast Recommendations:Joe Rogan: https://open.spotify.com/show/4rOoJ6Egrf8K2IrywzwOMk
Resources Mentioned:
Contact the guest:LinkedIn https://www.linkedin.com/in/kenmcelroyofficial/ 
Tiktok https://www.tiktok.com/@kenmcelroyofficialis_from_webapp=1&sender_device=pc 
Instagram https://www.instagram.com/kenmcelroyoffici 
Facebook https://www.facebook.com/kenmcelroyofficial 
YouTube   https://www.youtube.com/@KenMcElroy 
Advertising Partners:
Vyzer:https://vyzer.co/
Left Field Investors:https://www.leftfieldinvestors.com/
Rust Belt Capitalhttps://rustbeltcapital.com/
Tribevest: https://www.tribevest.com/

Join us as we delve into the fascinating journey of Bala Krishnan, a tech entrepreneur turned real estate investor. Bala shares his insights on creating exponential wealth through his disciplined 10Y investment model. Learn how he transitioned from tech to ground-up build-to-rent real estate investing, achieving financial independence faster than expected. Tune in to understand the power of wealth multiplication over cash flow and why disciplined investing is crucial in today's market!  


About Bala Krishnan 
Bala founded the tech start-up – Peel, based in Silicon Valley, California. He raised $96 Million from Top-Tier Silicon Valley Venture Capitalists – Harrison Metal, Redpoint Ventures, Lightspeed Ventures, Samsung Ventures and Alibaba Investments.Peel launched in the Apple App Store and Sold in the Apple Store. Peel software and reference design ships on all major android phones – Samsung, LG, HTC, Lenovo, Motorola, Huawei, Oppo, Sharp and Panasonic.Bala has been investing in Real Estate deals with a focus on ground-up new construction, land development and heavy-lift value-add and repositioning. With extensive experience in land development, entitlement, stabilization and operations, Bala is a full 360 degree developer with real-life first hand experience in all aspects of the deal life cycle. Bala operates in the Real Estate markets of Silicon Valley (CA), Phoenix (AZ) and Dallas / Fort Worth (TX). Bala’s current focus is in building ground-up, Build-toRent Communities and Land Development in the Phoenix MSA market.In 2017, Bala started the “Engineering Entrepreneurship” program at the University of Arizona and designed the course curriculum as a hybrid program developed in collaboration between the Eller School of Business and the University of Arizona Engineering School. This program was further developed and is currently being offered as an elective minor to undergraduate engineering students with courses to choose from for every semester of their study.   


Here are some power takeaways from today’s conversation:
01:55 His background 
18:55 What sparked 10y?
21:55 Has the model worked through the post-COVID economy?
26:30 3 phrases to 10y 
31:06 Wealth gain vs cashflow
37:31 Build to rent
42:09 Contact Bala42:46 Podcast recommendation


 

This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.    


   
Resources Mentioned:
Podcast Recommendation: 
Dr. Huberman Podcast: https://www.hubermanlab.com/podcast
Tosh Show:  @toshshow  Joe Rogan: https://www.joerogan.com/
Contact the guest:LinkedIn: https://www.linkedin.com/in/balavkrishnan 
Advertising Partners:
Vyzer:https://vyzer.co/
Midloch:https://midloch.com/
Left Field Investors:https://www.leftfieldinvestors.com/
Rust Belt Capitalhttps://rustbeltcapital.com/
Tribevest: https://www.tribevest.com/
Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suhhttps://www.leftfieldinvestors.com/books/

Join us on the "Passive Investing from Left Field" podcast as we dive deep into the world of real estate with Cliff Minsley, co-founder of Ten Federal. Discover how transitioning from multifamily to self-storage, embracing technology, and innovative strategies have shaped his successful investment approach. Tune in to gain valuable insights on navigating the real estate market and leveraging technology for business growth.  


About Cliff Minsley 
Partner & Co-Founder of the 10 Federal Companies, Clifton is responsible for leading corporate strategy, capital raising, finance, technology development, and business development, including the real estate development and construction divisions within 10 Federal. Having been active in real estate for nearly 20 years, Cliff has been directly involved in over $700 million of real estate development and acquisitions within the multi-family and self-storage sectors. More recently, Cliff has taken the lead in raising and deploying capital for 10 Federal's self-storage acquisition funds and multi-family developments, having successfully raised over $225 million in equity to date.In addition to co-founding the 10 Federal Companies, Cliff co-founded DaVinci Lock Self Storage, Inc., which enables self-storage owners to automate functions related to the management of their self-storage assets via several, now patented, proprietary methods and products. Under Clifton’s leadership, that company has grown to a team of 13, landed the 2nd largest operator in the industry for a national roll-out in 2024, and achieved an 18.0% market penetration into the self-storage industry in just over 3 years.Cliff holds a BSBA from UNC Chapel Hill’s Kenan-Flagler Business School along with a Minor in Environmental Sciences. Additional credentials include holding Broker-in-Charge real estate licenses in NC, SC, and GA, a NC Unlimited General Contractor license, and a private pilot’s license.    


Here are some power takeaways from today’s conversation:
01:55 His background
08:39 Are their other asset classes that are fragmented and unsophisticated?
10:55 His debt strategies 
17:04  How debt affects investor returns
20:17 Automation and technology to boost returns
28:33 His marketing strategies33:21 How should LPs be analyzing self-storage funds?36:18 Podcast recommendations36:41 Contact Cliff


 

This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.    


   
Resources Mentioned:
Podcasts Recommendations: All In Podcast: https://www.allinpodcast.co/
Resources Mentioned:
Contact the guest:LinkedIn: https://www.linkedin.com/in/clifton-minsley-44ab197
Advertising Partners:
Left Field Investors:https://www.leftfieldinvestors.com/
Rust Belt Capitalhttps://rustbeltcapital.com/
Tribevest: https://www.tribevest.com/
Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suhhttps://www.leftfieldinvestors.com/books/