Journey to Multifamily Millions

Tim

On the Journey to Multifamily Millions Podcast, we set out on the journey of building wealth through multifamily real estate together, talking to experts in the field every step of the way. It doesn't matter if you're new or experienced, every journey starts with a single step and there's always more to learn. This is the Journey to Multifamily Millions Podcast with your host, Tim Little.

  1. 27 THG 2

    Active vs. Passive Investing: Strategies for Long-Term Wealth with George Roberts, Ep 125

    Welcome to the Journey to Multifamily Millions podcast, where we speak with professionals on property investing! George Roberts is the Founder of Roberts Capital Enterprise and host of his own podcast, “The Foundery.” George makes a comeback to the program to talk about how he got his start in real estate as an unintentional landlord during the Great Recession and how he moved into multifamily ventures. The discussion explores the differences between single-family and multifamily properties, the significance of tenant and market research, and the value of asset management as opposed to just property management.  George discusses how to remain resilient in the face of market fluctuations, the realities of both active and passive investing, and the evolving patterns in commercial real estate markets. He also offers his own thoughts on using smart investing to become financially independent and free of time constraints. It is advised that listeners make use of their resources, concentrate on learning from several investments, and strive for consistent, dependable results. Episode Topics [01:17]  Meet our guest, George Roberts [02:47] Why Multifamily Investments? [05:18] Property Management vs. Asset Management [08:07] Challenges in Real Estate Investing [09:28] Active vs. Passive Investing [20:25]  Market Shifts and Investment Strategies [33:30] What is one red flag every investor should look out for? [34:43] What is a myth about the real estate business? [36:25] Connecting with George Notable Quotes "Find out what tenants want before adding expensive amenities." – George Roberts"Skipping single-family can fast-track your way into multifamily investing." – George Roberts"Owners see problems from a higher level than property managers." – Tim Little"One deal won’t make you financially free—expect a long-term pipeline." – Tim Little"The real goal is doing what you want with your time." – George Roberts"Investor education is crucial when market conditions and opportunities shift."– Tim Little 👉Connect with  George Roberts LinkedIn: George RobertsWebsite: Roberts Capital EnterprisesBook: Passionate Living through InvestingEmail: george@robertscapitalenterprises.com  👉 Connect with Tim Linkedin: Tim Little Instagram: @tim_at_zana Email: tim@zanainvestments.com Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate Get your Passive Investor's Cheat Sheet FREE Subscribe, Rate, and leave a review here 🌟 https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

    38 phút
  2. 30 THG 1

    From Land-Flipping Profits to Longer-Term Wealth From Multifamily with Jack Bosch, Ep 124

    Welcome to the Journey to Multifamily Millions podcast, where we hear about investors' journey to financial independence through commercial real estate! Jack Bosch is an expert land flipper and founder of Landprofits and, his successful coaching program, the Land Profit Generator System.  Jack provides insights into his experiences with land deals, the significance of learning and adapting to market changes, and his pivot to multifamily investments as a strategy for creating long-term wealth. The conversation also touches on the importance of holistic success and the challenges faced in different asset classes.  This episode will be a valuable resource for anyone interested in land investing, diversifying their real estate portfolio, and filling in the gaps in their financial education. Jack shares his unique journey from being an immigrant to the United States to becoming a successful land investor. Episode Topics [01:27]  Meet our guest, Jack Bosch [03:37] Discovering the Land Flipping Strategy [13:04] Understanding the Market and Buyers [27:45] Scaling Up: From Single to Multifamily [32:29] Adapting to Market Changes [36:18] Balancing Multiple Ventures [40:35] What is one red flag every investor should look out for? [41:34] What is a myth about the real estate business? [46:09] Connecting with Jack Notable Quotes "People sell land at discounts due to life changes like divorce." – Jack Bosch"Real estate offers financial abundance, especially when done right and part-time." – Jack Bosch"Schools teach you to get by, not how to build wealth." – Tim Little"Your first deals can give false confidence; not all are that easy." – Tim Little"Seller financing creates long-term cash flow with attractive terms." – Jack Bosch"House flippers often make money but encounter tax problems." – Tim Little 👉Connect with  Jack Bosch LinkedIn: Jack BoschWebsite: Land Profit$Podcast: The Jack Bosch ShowTelephone: 1-(602)-712-0175 👉 Connect with Tim Linkedin: Tim Little Instagram: @tim_at_zana Email: tim@zanainvestments.com Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate Get your Passive Investor's Cheat Sheet FREE Subscribe, Rate, and leave a review here 🌟 https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

    49 phút
  3. 23 THG 1

    Why Who You Take Tax Advice From Matters with Carlos Samaniego, Ep 123

    Welcome to the Journey to Multifamily Millions podcast, where we speak with professionals on property investing! Carlos Samaniego is the founder of Tax Debt Consultants and best-selling author of “How To  Make the IRS an Offer They Can’t Refuse.” Carlos talks about his experiences working as a medic in the US Army, a paramedic, a mortgage lender, and finally, as a tax settlement specialist. Tim and Carlos discuss the value of financial literacy, the dangers of receiving incorrect tax advice via social media, and helpful advice for independent contractors, especially in the real estate industry. Carlos stresses the importance of hiring a bookkeeper, tracking business mileage, and keeping personal and corporate finances separate. He also discusses how people get into trouble claiming real estate professional status without understanding the requirements. The discussion provides a ton of information on avoiding tax issues and what to do if you find yourself in trouble. Episode Topics [01:22]  Meet our guest, Carlos Samaniego [02:30] The Tax Problem Unfolds [06:10] Starting a Tax Consulting Business [08:10] Importance of Financial Literacy [14:29] Tax Issues in Real Estate Investments [31:19]  Self-Employed Tax Tips [37:24] What is one red flag every investor should look out for? [37:45] What is a myth about the real estate business? [39:03] Connecting with Carlos Notable Quotes "Before you get married—or invest in real estate—do a credit check and a tax history summary. It’s key to avoid future surprises." – Carlos Samaniego"Financial literacy is a huge problem in our education system. If you don’t seek it out, you just stumble along until you screw up and ask for help." – Tim Little"Nobody wants to be audited, but the key is to avoid red flags and have a professional on your side so you don’t have to deal with it in the first place." – Tim Little"Hire a bookkeeper—they’ll save you money and prevent bigger financial issues later." – Carlos Samaniego"A separate account makes taxes and bookkeeping much easier to manage." – Carlos Samaniego"If you’re an active real estate investor, find a CPA with experience in your field—they’ll know the nuances that matter." – Tim Little 👉Connect with  Carlos Samaniego LinkedIn: Carlos SamaniegoWebsite: Tax Debt ConsultantBook: "How To Make The IRS an Offer They Can't Refuse."Telephone: 909-570-1103 👉 Connect with Tim Linkedin: Tim Little Instagram: @tim_at_zana Email: tim@zanainvestments.com Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate Get your Passive Investor's Cheat Sheet FREE Subscribe, Rate, and leave a review here 🌟 https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

    40 phút
  4. 16 THG 1

    From Resilience to Real Estate: Srey Rollins on Empowering Investors and Creating Wealth, Ep 122

    Welcome to the Journey to Multifamily Millions podcast, where we hear about investors' journey to financial independence through commercial real estate! Srey Rollins is a Principal and Managing Partner at Aisling Investment Group, where she oversees operations and acquisitions. Srey talks about her remarkable experience as an immigrant and how she grew in the real estate space from single-family homes to fix and flips to a growing commercial multifamily investment firm.  Srey wasn’t afraid to talk about the psychological aspects of investing, like "money traumas," which can hold investors back from embracing opportunities.  Srey highlights the need to establish connections, educate, and empower investors to leave a lasting legacy. She also introduces Aisling's future forays into loans and other real estate specialties. Listen for enlightening conversations on mentality, conquering financial anxieties, and reaching financial independence. Episode Topics [01:16]  Meet our guest, Srey Rollins [03:23] Learning and Growing in Real Estate [08:15] First Commercial Multifamily Deal [13:08] Challenges and Staying Motivated [19:58]  Empowering Investors and Financial Literacy [23:44] Future Plans and New Ventures [29:51] What is one red flag every investor should look out for? [30:58] What is a myth about the real estate business? [33:56] Connecting with Srey Notable Quotes "No matter how hard I worked or how well I did my job, there was always something out of my control." – Srey Rollins"I moved from using my own money to using other people’s money to invest, raising my financial IQ in the process." – Srey Rollins"You can learn while you earn—either pay for coaching or invest as an LP and gain knowledge while getting returns on your investment." – Tim Little"Skills from single-family investing can carry over to multifamily, but you need to adapt and build a team for larger projects." – Tim Little"People must be willing to raise their financial IQ and step away from fear to explore something new. That's when real growth happens." – Srey Rollins"You can’t keep doing the same type of product forever. The market changes, and you have to assess and adjust—whether it’s ground-up development or other assets." – Tim Little 👉Connect with  Srey Rollins LinkedIn: Srey RollinsWebsite: Aisling Investment GroupEmail: info@aislinginvestmentgroup.com Telephone: (612) 868-8669 👉 Connect with Tim Linkedin: Tim Little Instagram: @tim_at_zana Email: tim@zanainvestments.com Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate Get your Passive Investor's Cheat Sheet FREE Subscribe, Rate, and leave a review here 🌟 https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

    36 phút
  5. 19/12/2024

    Why Land Might be the Key to Unlocking Your Financial Freedom with Mark Podolsky, Ep 121

    Welcome to the Journey to Multifamily Millions podcast, where we speak with professionals on property investing! Mark Podolsky is the author of “Dirt Rich,” the ultimate guide to investing in land and the owner of Frontier Properties, where he has been buying and selling land full-time since 2001.  Mark discusses how he went from being a burned-out investment banker to becoming a successful full-time land investor. He explains his profitable land-flipping strategy and emphasizes the value of building a volume business with appropriate automation, systems, and procedures.  In addition, he dispels myths regarding land investing, explains how he manages risks, and discusses his philosophy and personal roadmap to success. Mark provides priceless guidance for anyone interested in the specialized market of raw land investments, including tips on how to get started, pick the ideal property, and deal with competition. He also discusses his path into coaching, highlighting the immense fulfillment he gets from assisting others in achieving financial independence. Episode Topics [01:21]  Meet our guest, Mark Podolsky [06:43] The Land Flipping Model Explained [13:28] Automating the Land Business [19:47] Accessing County Information [20:50] Finding Tax Delinquent Properties [22:03]  Leveraging Virtual Assistants [28:52] What is one red flag every investor should look out for? [29:29] What is a myth about the real estate business? [31:13] Connecting with Mark  Notable Quotes "Even if I couldn’t sell the land, it wouldn’t clutter my garage or lose value. It lasts forever, doesn’t need maintenance, and can’t be destroyed." – Mark Podolsky"I outsource due diligence to verify ownership, back taxes, and title before closing." – Mark Podolsky"It’s about stacking different notes to build monthly income, especially when you’re free and clear of the original investment early on." – Tim Little"The biggest risk with hard-to-sell properties is paying the property taxes yourself, but other fees are minimal." – Tim Little"For sourcing and deal flow, it’s about leveraging systems, automations, and outsourcing key tasks like due diligence to stay efficient." – Tim Little"My mission is to help as many people as I can solve their money and time problems, without creating another job for themselves." – Mark Podolsky 👉Connect with  Mark Podolsky LinkedIn: Mark PodolskyWebsite: The Land GeekBook: Dirt RichTelephone: 888-620-6742 👉 Connect with Tim Linkedin: Tim Little Instagram: @tim_at_zana Email: tim@zanainvestments.com Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate Get your Passive Investor's Cheat Sheet FREE Subscribe, Rate, and leave a review here 🌟 https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

    38 phút
  6. 28/11/2024

    Diversifying Assets to Stay Ahead in Any Real Estate Market with Jeremy LeMere, Ep 120

    Welcome to the Journey to Multifamily Millions podcast, where we speak with professionals on financial topics! Jeremy LeMere is the Managing Principal of Star Capital Management Group where he helps investors achieve above-average returns outside the stock market through real estate. Jeremy talks about his real estate journey, beginning in middle school and progressing through several asset classes, such as single-family homes, multifamily apartments, and self-storage facilities.  He highlights the need to build up funds to get true time independence, the adaptability that real estate investing provides, and the shift from active to more passive investment roles.  Jeremy offers a thorough guide on creating and diversifying a real estate portfolio that is suited to individual and market circumstances. He also covers the BRRRR technique, difficulties encountered during the Great Recession, and the numerous advantages and factors of various asset classes. Episode Topics [01:26]  Meet our guest, Jeremy LeMere [03:41] Scaling Up: From Duplexes to Multifamily [05:46] Transition to Self Storage [06:50] Diversifying with Commercial Properties [07:19] The Importance of Passive Income [28:12] Fund Structures and Investment Strategies [28:52] What is one red flag every investor should look out for? [29:29] What is a myth about the real estate business? [31:13] Connecting with Jeremy Notable Quotes "We’ll move funds into a fund-of-funds model to focus on hard money lending and smaller syndications where others take the primary GP role." – Jeremy LeMere"The Great Recession presented opportunities, but there was a snapback in terms of who was getting loans and how much, making capital very restrictive." – Tim Little"Fix and flips can be a good way to build a lot of capital quickly, but the problem is the taxation." – Tim Little"The self-directed IRA was its own entity, allowing us to double our assets and escape limitations banks placed on us as individuals." – Jeremy LeMere"Flipping is almost like a job itself. Many transition into syndication or passive investing to achieve time freedom through capital." – Jeremy LeMere"Self-storage appealed for its low-touch aspect; you can automate operations, save time, and focus on finding more assets or improving the existing product." – Tim Little 👉Connect with  Jeremy LeMere LinkedIn: Jeremy LeMereWebsite: Star Capital Management GroupEmail: jeremy@lemere.com 👉 Connect with Tim Linkedin: Tim Little Instagram: @tim_at_zana Email: tim@zanainvestments.com Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate Get your Passive Investor's Cheat Sheet FREE Subscribe, Rate, and leave a review here 🌟 https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

    36 phút
  7. 14/11/2024

    What it Really Means to Underwrite Conservatively with Justin Goodin, Ep 119

    Welcome to the Journey to Multifamily Millions podcast, where we speak with professionals on financial topics! Justin Goodin, the founder and CEO of Goodin Development, a company dedicated to helping busy professionals passively invest in real estate development so they can live a life by design now, instead of waiting until they retire. In this episode, Justin talks about how he started out in real estate with fix-and-flip properties before moving into multifamily complexes and commercial real estate. The topic of conversation includes Justin's strategic shift to development, the difficulties and competitiveness of the value-added sector, and the significance of forming solid alliances with local governments to bridge project funding gaps.  Justin also emphasizes the importance of cautious estimates and realistic underwriting in the commercial real estate market. Listen here to hear Justin's thoughts on risk reduction in development projects, building relationships with local communities, and effective real estate tactics. Don't pass this up! Episode Topics [001:18] Meet our guest, Justin Goodin [03:32] Transition to Multifamily Development [04:59] Challenges and Lessons in Real Estate [08:02] Insights on Conservative Underwriting [14:47] Focus on Indiana Market [20:10] Development Strategies and Partnerships [30:06] What is one red flag every investor should look out for? [30:55] What is a myth about the real estate business? [32:51] Connecting with Justin Notable Quotes "I started like many others with fix and flips and rentals… I didn’t know that apartment investing and raising capital were even options." – Justin Goodin"I immersed myself into commercial real estate—listening to podcasts, reading books, watching YouTube videos… all to learn about apartment investing." – Justin Goodin"If you want to learn a business, go work in it." – Tim Little"The word 'conservative' gets thrown around a lot. I really like to use the term, 'realistic'… under promising and over delivering." – Justin Goodin"Taxes and insurance have been far above what was in pro formas, and that’s obviously having an impact on the overall projections." – Tim Little"Stability is very attractive... my most consistent and boring – in the best possible way – deal that I have." – Tim Little 👉Connect with  Justin Goodin LinkedIn: Justin GoodinWebsite: Goodin DevelopmentTelephone: (317) 437-1381 👉 Connect with Tim Linkedin: Tim Little Instagram: @tim_at_zana Email: tim@zanainvestments.com Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate Get your Passive Investor's Cheat Sheet FREE Subscribe, Rate, and leave a review here 🌟 https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

    34 phút
  8. 07/11/2024

    Breaking Down the Investing Advantages of Built-to-Rent with Ryan Watts, Ep 118

    Welcome to the Journey to Multifamily Millions podcast, where we speak with professionals on financial topics! Ryan Watts, a co-founder and managing partner of Red River Development, specializing in build-to-rent real estate investments. At Red River, Ryan focuses on land acquisition, deal structuring, and corporate strategy. Under his leadership, the company has grown to manage about 1,500 units with $480 million in assets across five BTR communities. Ryan shares his extensive journey from oil and gas to real estate, focusing on the growing asset class of build-to-rent communities. Discover the unique market opportunities, the benefits of a vertically integrated property management model, and insights into Red River's strategic site selection.  Tune in to learn about how Red River Development is revolutionizing rental housing with their class A build-to-rent communities. Episode Topics [01:20]  Meet our guest, Ryan Watts [03:28]  From Oil and Gas to Real Estate: Ryan's Journey [11:29] The Build-to-Rent Model Explained [15:22] Property Management and Market Strategy [21:10] Investment Phases and Risk Mitigation [27:58] The Future of Housing and Market Trends [28:52] What is one red flag every investor should look out for? [29:29] What is a myth about the real estate business? [31:13] Connecting with Ryan Notable Quotes “Real estate capital markets are deeper, with a larger pool of private equity funds.” – Ryan Watts“Raising capital can be one of the most challenging aspects of this business for sponsors and syndicators.” – Tim Little“Passively investing in these types of deals lets you build scale without the time commitment.” – Tim Little"We've been able to offer our investors a class A, build-to-rent project, which a lot of folks maybe haven’t had exposure to." – Ryan Watts"Prior to breaking ground, we’ve acquired the land, completed entitlements, and secured a guaranteed max price contract to control costs." – Ryan Watts 👉Connect with  Ryan Watts LinkedIn: Ryan WattsWebsite: Red River DevelopmentEmail: info@redriverdevelopment.com  👉 Connect with Tim Linkedin: Tim Little Instagram: @tim_at_zana Email: tim@zanainvestments.com Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate Get your Passive Investor's Cheat Sheet FREE Subscribe, Rate, and leave a review here 🌟 https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

    33 phút
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Giới Thiệu

On the Journey to Multifamily Millions Podcast, we set out on the journey of building wealth through multifamily real estate together, talking to experts in the field every step of the way. It doesn't matter if you're new or experienced, every journey starts with a single step and there's always more to learn. This is the Journey to Multifamily Millions Podcast with your host, Tim Little.