Street Smart Success

Roger Becker
  • 4.7 (28)
  • ENTREPRENEURSHIP
  • UPDATED SEMIWEEKLY
Street Smart Success

Street Smart Success is a show for accredited investors. Whether you’re investing in Real Estate, Private Equity, Private credit, Debt, or other alternative assets, or you’re just starting out, this is the show for you. Street Smart Success interviews successful entrepreneurs about their backgrounds, careers, and lessons learned.

  1. 9 HR. AGO

    537: Don’t Invest With An Operator Who Has Fewer Than Five Full-Cycle Deals

    When deciding who to invest with, experience is what matters most, starting with the number of deals someone has done. Forty percent of Multifamily operators have done fewer than five full cycle deals. Like anything else, Real Estate takes years, even decades, to master. Elijah Brown, Founder of GoldHawk Capital, has first-hand experience operating multifamily. Elijah leverages this experience to help him identify other experienced and proven sponsors for others to invest in. Once he finds a great deal, he negotiates favorable terms for himself and his investors.

    36 min

  2. 2 DAYS AGO

    536: Transaction Volume For Multifamily Is Down But This Will Change Over The Next Couple Years

    Although the market for multifamily has taken a big hit over the last two years as interest rates have risen, lenders are extending loans and sellers are still holding out. Over the next couple years, this will change as lenders can no longer extend and sellers are forced to sell. This will likely present great buying opportunities, Over the past several months, there’s been net absorption as the fundamentals for multifamily stay strong. By 2026 and 2027, supply will decrease significantly because of the dearth of current new construction starts. Zihao Wang, Principal and CEO of Motiva Holdings, invests in value-add opportunities. He owns 20 buildings surrounding Los Angeles and properties in Florida and Texas.

    30 min

  3. 6 DAYS AGO

    535: Townhomes Are A Great Long-Term, Cash-Flowing Investment

    One of the little discussed sectors of multifamily investing is townhomes. Townhomes are easier to build than large apartment complexes, and they have strong appeal to certain segments of renters. Townhomes appeal more to families and attract stable, higher income households. Tenants also tend to stay longer in townhomes than traditional apartments. Josh Green, Co-founder of Traverse Capital, has many years of multifamily development experience, and is developing his first ground up townhome community in Southern Utah. Josh loves the economics of townhomes and will continue to develop and acquire existing townhome communities.

    33 min

  4. NOV 13

    534: Operations Are Critical For Survival In A Down Market

    Over the past two years, multifamily has faced major challenges that’s resulted in price reductions of 25-35%. Class C in particular has taken a major hit in several markets, but Inflation has recently been tamed and expenses have been mostly stabilized. Solid operators are improving their daily operations and increasing occupancy and collections. Class C also still presents the best pricing value, and upside opportunity. Craig Berger, Founder and CEO of Avid Realty Partners, is successfully optimizing leasing efforts, maintenance, and other aspects of his operations. He’s also patiently searching for opportunistic acquisitions in all classes.

    45 min

  5. NOV 11

    533: How Design Choices Impact Tenant Retention

    As demographics and lifestyles change, so do the requirements for where tenants choose to live. This is why architectural and design components for living spaces increasingly impact the desirability and value of residential properties. For example, the work-from-home trend and common areas have become more important as people are placing a higher priority on socializing where they live.  Kurt Volkman, Associate Principal at HED, one of the largest architecture and engineering firms in the U.S. – specializes in the design of Multifamily, Mixed Use, and Senior Living.

    35 min

  6. NOV 8

    532: Multifamily Properties Sell For 3-5 Times Revenue, Hotels Sell For 7-12 Times Revenue

    Although much of the hospitality industry has rebounded from Covid, many hotels are stiff facing headwinds. What compounds this challenge is the requirement national brands place on operators to invest large sums of money into their properties to maintain certain standards. Many operators don’t have, or want, to invest this capital.  As a result, there is an enormous opportunity to acquire these properties as steep discounts. Ryan Sudeck, CEO of Sage Investment Group, is acquiring older hotel properties and converting them to affordable multifamily properties. Sage Investment Group currently owns nineteen of these converted properties.

    38 min

  7. NOV 6

    531: AI Is Creating A Huge Demand For Data Centers

    AI will change the world even more than the internet, with profound implications for all aspects of society. It will impact most aspects of commerce, including Real Estate. Amongst other implications, AI is creating an insatiable demand for Data Centers. Peter Lewis, Chairman and Founder of Wharton Equity Partners, has over 35 years of experience as a real estate owner, developer, and operator, and is now allocating his valuable time and resources to the development of Data Centers to address this enormous demand.

    52 min

  8. NOV 4

    530: Patience Pays Off. The Best Opportunities May Still Be Ahead Of Us

    Although asset prices have declined over the past couple years, we still may see further reductions, especially with the possibility of another recession. If oil prices spike, or we have another major stock market correction, a recession will likely follow. As it stands, global instability, and the Middle East in particular, can cause a spike in oil prices that impacts the market. Domestically, we’ve had the longest inverted yield curve in our history, which may be a likely precursor to the next recession. For these reasons, patience may pay off in determining when to make your next investments in alternative assets. Jeremy Roll, a successful 20+ year full-time passive investor, anticipates further concessions in asset prices with higher cash flow and better returns, and is therefore currently on the sidelines.

    43 min
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4.7
out of 5
28 Ratings

About

Street Smart Success is a show for accredited investors. Whether you’re investing in Real Estate, Private Equity, Private credit, Debt, or other alternative assets, or you’re just starting out, this is the show for you. Street Smart Success interviews successful entrepreneurs about their backgrounds, careers, and lessons learned.

Information

  • Creator
    Roger Becker
  • Years Active
    2020 - 2024
  • Episodes
    532
  • Rating
    Clean
  • Copyright
    © Roger Becker
  • Show Website
    Street Smart Success

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