The Multifamily Journey Podcast

Blake Dailey

The Multifamily Journey Podcasts gives listeners insight into fulfilling their lifestyle and wealth goals by investing in multifamily real estate. If you are interested in having your money work for you so that you can live the lifestyle you have always wanted, and on your terms, this is the show for you! The podcast serves to provide you with a transparent look into what it takes to become successful with real estate investing. Every Tuesday, Join Blake Dailey, as he interviews successful real estate investors and entrepreneurs as they share actionable advice on how to grow and scale.

  1. 09/28/2021

    45. Converting Multifamily Into CASH COWS Using Short-Term Rentals with Tim Hubbard

    Join Blake Dailey, the Multifamily Journey Podcast host, with his guest Tim Hubbard, as they talk about converting multifamily into cash cows using short-term rentals. Tim Hubbard has perfected this marriage of multifamily and STRs and he has set up his systems to allow him to manage his portfolio of dozens of units, in 3 different markets, all from the comfort of Columbia. To find out more, stay tuned and enjoy the episode! In this episode, you’ll learn: • Tim's real estate journey • Long-term rental and short-term rental financing pros and cons • STRs and virtual management • And so much more! About Tim Hubbard: Tim is originally from Sacramento, CA and started his career in real estate as an investment broker selling multi-family and commercial properties in Northern California. He worked with a small team of five who completed cumulatively over $2 billion in transactions. He has been personally investing in real estate for the last 11 years and has since acquired a multi-million dollar portfolio comprised primarily of small multi-family properties in multiple markets. He has traveled extensively throughout the world in over 70 countries and stayed in hundreds of different short-term rental accommodations. About 7 years ago he realized the high returns that could be made from converting properties in to furnished short-term rentals and renting them by the night. Through trial and error he has figured out how to set up operations so that the business could be passive and has since successfully accommodated over 15,000 guests with excellent reviews from all over the world. He continues to expand with the help of his teams and manages everything remotely from his home in Medellin, Colombia. He also teaches others to do the same and shows them how they can successfully increase their income 3,4, or even 8x by implementing the right strategies to convert existing long term rentals in to nightly rentals. He holds a degree in International business and an MBA from the University of California, Davis. He’s a co-author in the Amazon best-selling book “Resilience” and the host of the popular “Short Term Rental Riches” podcast. -strriches.com You can find Tim Hubbard on: Website: https://strriches.com/ Facebook Page: https://www.facebook.com/timhubb-110241510464594/ Instagram: https://www.instagram.com/tim.hubb/ Podcast: https://podcasts.apple.com/gb/podcast/short-term-rental-riches/id1488518397 LinkedIn: https://www.linkedin.com/in/midtownstays/ Connect with Blake Dailey and the Multifamily Journey on: LinkedIn | Facebook Account | Facebook Page | Instagram | Youtube

    34 min
  2. 09/22/2021

    44. Massive Success to Losing it All to Building Bigger and Better with Rod Khleif

    Join Blake Dailey, the Multifamily Journey Podcast host, with his guest Rod Khleif as they talk about his massive success to losing it all to building bigger and better. Rod is an amazing example of what living an intentional life looks like. The tips he gave for establishing the proper mindset to succeed and how you can align your actions with your goals was so great! It’s something everyone needs to hear, independent whether you invest in real estate or not. To find out more, stay tuned and enjoy the episode!  In this episode, you’ll learn: • Rod's life story and adjustment in a foreign country • Critical things you need to developing success • Cash flow impacts  • And so much more!  About Rod Khleif: Rod Khleif is an entrepreneur, real estate investor, multiple business owner, author, mentor, and community philanthropist who is passionate about business, life, success, and giving back. As one of the country’s top real estate trainers, Rod has personally owned and managed over 2,000 properties.  Rod is Host of the Top-Ranked iTunes Real Estate Podcast which has been downloaded more than 11,000,000 times – “The Lifetime Cash Flow Through Real Estate Investing Podcast.” Rod is the author of “How to Create Lifetime Cash Flow Through Multifamily Properties” considered to be an essential “textbook” for aspiring multifamily investors.  As an accomplished entrepreneur, Rod has built several successful multi-million dollar businesses. As a community philanthropist, Rod founded and directs The Tiny Hands Foundation, which has benefited more than 100,000 community children and families in need. Rod has combined his passion for real estate investing and business development coaching with his personal philosophy of goal setting, envisioning, and manifesting success to become one of America’s top real estate investment and business development trainers.  You can find Rod Khleif on: Website: https://rodkhleif.com/ Multifamily Bootcamp: https://www.multifamilybootcamp.com/mf-bootcamp-orlando-rod50251504?sl=igo Podcast: https://podcasts.apple.com/us/podcast/lifetime-cash-flow-through-real-estate-investing/id1097449598?sl=igo YouTube Channel: https://www.youtube.com/channel/UCbb357-0yQw0kdNelWKrSkA Instagram: https://www.instagram.com/rod_khleif/ Facebook Page: https://www.facebook.com/rodkhleifofficial?sl=igo Connect with Blake Dailey and the Multifamily Journey on: LinkedIn | Facebook Account | Facebook Page | Instagram | Youtube

    56 min
  3. 08/03/2021

    43. Lifestyle Investing - More Cash Flow With Less Rentals with Kirby Atwell

    Join Blake Dailey, the Multifamily Journey Podcast host, with his guest Kirby Atwell as they talk about the strategy to increase cash flow with low rentals. Kirby is an ex-military who found himself interested in real estate entrepreneurship. He is the founder and CEO of Green Vet Homes and also the COO of Bunker Labs. Noticing that his wealth was not increasing due to market inconsistency, Kirby decided to change his approach. Because of this change, he was able to build his business around his lifestyle and not the other way around. To find out how to get more cash flow but with less work, stay tuned and enjoy the episode! In this episode, you’ll learn: · Out of the army and drawn toward real estate entrepreneurship · Change in the course of action to deal with inconsistent cash flow · Advantages of short term rentals that make it ideal · Rehabilitation tips to maximize a property’s After Repair Value (ARV) · Key takeaways to manage properties from different asset classes · And so much more! About Kirby Atwell: After serving as a US Army officer from 2005-2011, Kirby left the military to become a full-time entrepreneur. With a passion for real estate, he and his two partners started and scaled their first company, iCandy Homes and Capital, completing over 75 real estate projects over 4.5 years while also completing his MBA at the University of Illinois Chicago. In May of 2016, feeling called to do more work with veterans, Kirby left iCandy Homes to start a purpose-driven company, Green Vet Homes. The Green Vet Homes’ mission is to purchase, rehab, and rent houses. Part of the profit from the deals they do goes to veteran-related causes, and some of the homes they rent are rented to homeless veterans through a voucher program called HUD/VASH. While growing Green Vet Homes, Kirby started working closely with Bunker Labs, a national non-profit organization that helps veteran entrepreneurs start and grow businesses. After receiving huge support from Bunker Labs while growing his business, Kirby joined the Bunker Labs team as the Chief Operating Officer. Bunker Labs currently has offices in 28 markets across the US and continues to grow and assist veteran entrepreneurs. Currently, Kirby operates Green Vet Homes as the Founder/CEO while serving as COO for Bunker Labs at the national headquarters located in Chicago, IL. You can find Kirby Atwell on . . . Website: https://www.livingoffrentals.com/ Facebook: https://www.facebook.com/groups/LivingOffRentals Instagram: https://www.instagram.com/livingoffrentals/ LinkedIn: https://www.linkedin.com/in/kirbyatwell/ Connect with Blake Dailey and the Multifamily Journey on: LinkedIn | Facebook Account | Facebook Page | Instagram | Youtube

    57 min
  4. 07/27/2021

    42. Scale Fast by Focusing on Strengths, Teams, and Systems with Shelby Osborne

    Join Blake Dailey, the Multifamily Journey Podcast host, with his guest Shelby Osborne as they talk about how an army mentality can help scale fast in real estate. Shelby is a real estate rockstar who has been investing for about the last four or five years. She has had massive success starting as a real estate agent and was the top-selling agent her first year in both North and South Carolina combined. Shelby is also a broker who has built a team of agents working on a ton of deals. She founded Five Pillars Realty Group in 2019 and has expanded to Charlotte, NC, the following year. So if you want to know how to scale up quickly, stay tuned and enjoy the episode! In this episode, you’ll learn: · Shelby’s shift from the army to getting a real estate license · How to use your sphere of influence to your advantage · Market indicators to pay attention to, whether from the agent or investor side · Why keeping yourself open to opportunities can help you find your niche · Tips for managing properties and implementing systems · And so much more! About Shelby Osborne: Shelby graduated from the University of South Carolina in 2012, served in the Army for six years, and got out as a Captain at the beginning of 2018 to dive into Real Estate full-time as both a broker & investor in Fayetteville, NC. Following her first year as a broker, Shelby was recognized as the Keller Williams Rookie of the Year for the “Carolinas Region” (all of North & South Carolina) and began to expand, creating her own team of real estate professionals. Five Pillars Realty Group became official in 2019 and expanded to Charlotte, NC, in 2020. Both Fayetteville & Charlotte offices specialize in helping military and investors nationwide meet their goals. “Pints & Properties,” their Real Estate Investors meetup, is booming & continuing to grow rapidly. Meanwhile, Shelby was relentless in growing her rental property portfolio. Since purchasing her first intentional rental property in November 2017, she now owns 74 units, acquired using several different strategies, and comprised of a little bit of everything: single-families, residential multifamily, commercial multifamily, and short-term rentals… plus a bit of Airbnb arbitrage. Between CEO duties and continuing to invest, Shelby operates “Pillars Consulting” – a company designed to transform Real Estate Brokers into their full potential -- and “Life & Lens Photography” -- a company designed to showcase Multifamily Syndication projects and help investors raise private capital. You can find Shelby Osborne on: Website: https://fivepillarsrealty.com/ Facebook: https://www.facebook.com/RealEstatewithShelbyOsborne/ Instagram: https://www.instagram.com/realestatewithshelbyosborne/ LinkedIn: https://www.linkedin.com/in/realestatewithshelbyosborne/ Connect with Blake Dailey and the Multifamily Journey on: LinkedIn | Facebook Account | Facebook Page | Instagram | Youtube

    58 min
  5. 07/05/2021

    41. Snowballing Experiences to $75M and 850 Units with Jason Yarusi

    Join Blake Dailey, the Multifamily Journey Podcast host, with his guest Jason Yarusi as they talk about how snowballing experiences can skyrocket your growth in real estate. Jason is an active real estate syndicator and investor. In 2016, he and his wife Pili founded Yarusi Holdings, a multifamily investment firm that repositions underperforming properties through operational efficiencies, rebranding, and value-add renovations. With this repositioning strategy, they drastically improve an asset’s value and provide their investors with monthly passive income, tax advantages, and a proven ability to correctly exit a property. In turn, their investors and partners end up with the greatest return on their investment. So now, if you are looking to jump-start your multifamily journey, stay tuned and enjoy the episode! In this episode, you’ll learn: ● What got Jason into real estate, from his construction business to his first rental ● How scalability can pivot your real estate journey towards passive income ● The value of incorporating ‘operational income’ when underwriting properties ● How aligning your life goals with your business model creates generational wealth ● Why consistency is essential in building relationships and growing your business ● And much more! About Jason Yarusi: Before Yarusi Holdings, Jason Yarusi has started and exited multiple businesses in the past 15 years—W.A. Building Movers & Contractors being one of them. The family construction business has a niche industry position in raising and moving structures. And in his time as Vice President, the company has elevated over 2,000 homes in the last seven years alone. Jason is also one of the founders of the Tennessee, Kentucky, and New Jersey Multifamily Foundation Club, with over 2,200 members that focus on real estate syndication and multifamily investing. In addition, he and his wife Pili host the Multifamily Live Podcast, where they share the latest strategies, updates, and lessons learned from their multifamily real estate business. Here, they share their insights and interviews from expert investors across the United States. They also manage and host the Jason and Pili Project on Youtube to serve those looking to lead a fit and prosperous life. You can find Jason Yarusi on: Website LinkedIn Instagram Twitter Connect with Blake Dailey and the Multifamily Journey on: LinkedIn | Facebook Account | Facebook Page | Instagram | Youtube

    49 min
  6. 06/15/2021

    40. Syndicating for the Common Investor with Phil Capron

    Join Blake Dailey and his guest Phil Capron as they talk about how he made the transition from military life to real estate, how he keeps the deals going, the ability that establishes your footing in real estate, and many more. At the start, Phil humbly began with seller-financed deals. Fast forward to today, he now sponsors over 430 units in multifamily real estate. Tune in to what he has to share about how they use the 506(b), 506(c), Regulation A, and CF as a way to get fellow military men/women into the game of real estate. For Phil: "It's nice to make the rich richer, but what about our brothers and sisters that are at the tail end of their military career? They need to have access to these vehicles too." There's a lot to unpack, so stay tuned! In this episode you will learn: · The transition from military to real estate investing. · "If you don't master evaluation, real estate is going to be hard for you." · Will peers matter to your journey as an investor? · The ups and downs of 506(b), 506(c), Regulation A, and Regulation CF. · What keeps the deals going? · And much more. About Phil Capron: Phil served honorably as a Naval Special Warfare Combatant Craft Crewman (SWCC) in the Navy, where he spent his days jumping out of planes, shooting, and manning the radios on the small, fast boats that take Navy SEALs and other Special Operations personnel to and from their missions in non-permissive or denied areas of the world. He quickly realized that real estate was something he had a passion for and committed to pursuing it further when his time in the service was over. He took a real estate license course while still in the Navy and, upon separation from service in 2012, immediately went to work selling his buddies from his old unit homes as they transferred to Virginia from other duty stations. Eventually, he developed an appetite to create real wealth and dove headfirst into his first multifamily acquisition, a 13-unit property in Norfolk. Now, over 400 units later, he is a full-time multifamily acquisitions specialist. If you are looking to get started or buy your next deal, you'll want to hear about Phil's snowball method of taking the experience of each deal forward into bigger and better deals. You can listen now on iTunes!  You can find Phil Capron on: Website | Facebook Account Connect with Blake Dailey and the Multifamily Journey on: LinkedIn | Facebook Account | Facebook Page | Instagram | Youtube

    53 min
  7. 06/01/2021

    39. Scaling with Out of State BRRRR Investing with Justin Munk

    Join Blake Dailey, the Multifamily Journey Podcast host, with his guest Justin Munk as they talk about scaling out-of-state through the BRRRR strategy and finding the right people to execute it for you. Justin is the founder and host of The Money Maven Project Podcast, a top-rated podcast where he interviews leaders, entrepreneurs, and real estate investing experts. He started the Money Maven Project to share his and his wife’s real estate journey, from managing their first single-family property to acquiring several multifamily deals, and in turn, help others do the same. But along the way, Justin picked up the BRRRR method, which helped him transition from single-family to multifamily since then. Now, if you are looking to transition to commercial real estate, stay tuned and enjoy the episode! In this episode, you’ll learn: ● What got Justin into real estate, and how he learned about BRRRR investing. ● The economics of out-of-state deals and what goes into building an investment strategy for them. ● How to find the right people to execute your strategy while you invest long-distance. ● The importance of setting a system up from the beginning to streamline your team’s workflow, whether out-of-state or not. ● Why mentorship is essential when transitioning from residential to commercial real estate. ● And much more! About Justin Munk: Justin Munk is the owner and CEO of Alturas Acquisitions, leading the team to set the vision and road map to fulfill our mission and purpose. The company started in single-family buy-and-hold investing, acquiring properties in several states over the last few years. But eventually, they transitioned into more significant multifamily apartment properties focusing in Utah and Idaho. Meanwhile, Justin hosts the business and real estate podcast “The Money Maven Project,” where he sits down to learn from top business leaders, entrepreneurs, and thought leaders that have achieved great success. Outside of work, Justin loves to go hiking, hunting, and fishing, while spending time with family. Then again, while he does enjoy going out and into the mountains, he also enjoys staying in, reading books, and learning more about the world. You can find Justin Munk on: Website | LinkedIn | Instagram Connect with Blake Dailey and the Multifamily Journey on: LinkedIn | Facebook Account | Facebook Page | Instagram | Youtube

    1h 12m
  8. 05/25/2021

    38. $23M in Assets and 100's of Units by Leveraging Virtual Assistants with Charlie Wessel

    Join Blake Dailey, the Multifamily Journey Podcast host, with his guest Charlie Wessel as they talk about how to get the most out of your time and do what you do best by outsourcing work to virtual assistants. Charlie is the founder of Cordell Capital, providing accredited investors the distinct opportunity to invest in multifamily properties. The company locates high-value investments that perform well under the current market value to increase overall property appraisal value. They are uncompromising with their performance criteria in their potential purchases, and they do a rigorous analytical and strategic evaluation of every deal to find the right one. In this episode, you’ll learn: ● What made Charlie choose to invest in multifamily rather than growing his GC firm. ● Ways to identify the different class properties and their connection to your target market. ● The value of networking in raising capital and commercial real estate as a team sport. ● How outsourcing work to virtual assistants and other contractors can optimize your time to do what you do best. ● What goes into managing virtual assistants or even a team of contractors and the importance of leveraging. ● And much more! About Charlie Wessel: Along with Cordell Capital, Charlie Wessel has also founded and managed several prosperous Charleston SC areas. He has been involved in multifamily and commercial real estate in one aspect or another since 2006. Active investor since 2016, he set up Cordell Capital to bring private equity to investment opportunities.  Cordell Capital provides extensive due diligence on the sponsor and the deals themselves to ensure they take the most conservative approach to invest and build wealth alongside our investors. The company primarily invests in markets with low unemployment, a growing population, strong job growth, year-over-year rent growth, and low vacancy rates. They only take on deals that generate quarterly residual income and double-digit total annual return (inclusive of equity and value appreciation) over a 3-10 year hold period.  You can find Charlie Wessel on:  Website | LinkedIn Connect with Blake Dailey and the Multifamily Journey on: LinkedIn | Facebook Account | Facebook Page | Instagram | Youtube

    51 min
5
out of 5
44 Ratings

About

The Multifamily Journey Podcasts gives listeners insight into fulfilling their lifestyle and wealth goals by investing in multifamily real estate. If you are interested in having your money work for you so that you can live the lifestyle you have always wanted, and on your terms, this is the show for you! The podcast serves to provide you with a transparent look into what it takes to become successful with real estate investing. Every Tuesday, Join Blake Dailey, as he interviews successful real estate investors and entrepreneurs as they share actionable advice on how to grow and scale.