Multi-Family Real Estate Insider Secrets podcasts, featuring passive real estate investing advice, insights, secret insider strategies, interviews with industry experts, and more. For new Investors and seasoned experts looking to invest in real estate and learn hosted by real estate coach and expert Mike Morawski. Home of the Passive real estate investor!
Shannon Robnett - Navigating the Real Estate Market
Understanding the market's cyclic nature is crucial, with an anticipation of improvement over the next 12-18 months.
Have solutions ready for all aspects of a deal. Learn from 2008: be prepared for market turns.
Specializing in one thing becomes crucial as you recognize the depth of your knowledge.
True expertise arises from hands-on experience, embracing challenges, and actively practicing in your field.
If you're taking on a deal, be the source for the completed project. It's about having the solution to all the problems or having access to them.
Syndication is just a fancy word for a partnership. Limited partners provide capital, and general partners create, vet, underwrite, manage, and decide when to sell.
Despite political divides and global uncertainties, with pent-up demand and a shortage of supply, there's significant money on the sidelines.
The market hasn't cooled off as expected. Interest rates haven't slowed much. Wages are rising, and the economy remains strong.
[01:50] Intro to episode guest
[02:41] One word that describes Shannon personally and professionally.
[04:16] Can you tap into something that was a bump in the road for you that you learned a valuable lesson from?
[11:17] What is syndication, particularly for new listeners, in a concise way?
[15:09] What's your outlook on the market in the next 12 to 18 months, considering the recurring cycle?
[23:25] Are you currently involved in multifamily projects, or are you focused on light manufacturing and industrial deals?
[26:07] Are you building multifamily or single-family properties?
Tim Winders - A Story of Self Realization and Growth
Discovering our true nature and purpose is a lifelong journey. There are various characteristics and traits that define us, and these qualities evolve over time.
A transformation in one's faith can lead to a fundamental shift in values and perspective on life.
Instead of treating spirituality as a resource to turn to only in times of trouble, it can be a consistent and integral part of one's business endeavors.
Effective communication and genuine interest in what matters to others can lead to stronger connections and partnerships.
Success should be redefined on an individual basis, rather than trying to emulate others. It's essential to discover one's unique definition of success.
[00:40] Intro to Podcast
[02:32] Intro to episode guest
[03:56] One word that describes Tim personally and professionally.
[06:16] Do you think that each of us have some word or quality that other people associate you with?
[18:12] Tim shares his background and how he got to where he is today.
[27:10] Are you in the multifamily business or how’d you get into multifamily business?
Socials: Seek Go Create
Rod Khleif - Fundamental Keys You Need to Get Your Arms Around When Starting a Business
New multifamily investors should focus on setting clear goals, making decisions, and taking the first step to get started in the business.
It's crucial to focus on the numbers and find deals that make financial sense.
If you find a good deal in multifamily, you can probably show a 15 percent ultimate return on a deal.
Building relationships and networking with industry professionals can lead to mutually beneficial opportunities.
Multifamily remains a resilient and attractive asset class in the real estate industry.
Strong cash flow is a key factor in surviving economic challenges in real estate.
[00:50] Intro to Podcast
[02:04] Intro to episode guest
[02:47] One word that describes Rod personally and professionally.
[04:23] Rod shares his background.
[09:00] How do you inspire and retain community members, encouraging them not to quit?
[13:40] What are the three essential fundamentals for success for new multifamily investors entering the business today?
[23:44] What’s your future plan? What’s your future goal?
[27:02] Where do you see rent growth going?
[30:18] What do you think is the best debt out there to find today?
Matt Faircloth - Multifamily Marvels: Elevate Your Life by Creating Unforgettable Lifestyles
Real estate touches the lives of many people, making it essential to consider the human side of the business.
We've successfully turned properties with crime issues into safe and welcoming communities.
Providing quality housing that tenants love and find sticky can significantly reduce vacancy, a major cost in multifamily real estate.
Focusing on emerging markets with job growth is essential for successful real estate investments.
Consider markets with minor league sports teams as they indicate a growing economy and potential investment opportunities.
Single-family rentals can offer excellent cash flow and tenant stability, but the stress involved can be challenging.
[00:38] Intro to Podcast
[02:10] Intro to episode guest
[03:16] One word that describes Matt personally and professionally.
[04:45] Matt shares his background.
[06:10] Have you always been in multifamily, or did you start out on the residential side?
[11:05] What are some of the fundamentals that you look at before you look at the deal in that market?
[16:43] So when you say residential, is it all apartments or are you in the single-family space also?
[28:12] We could talk about building relationships all day long, but how do we build those right ones? Who are the people that we need to build those relationships with?
Brad Sumrok - Mastering Multi-Family Real Estate: Market Predictions and Deal Dynamics
Being committed to your real estate goals is vital, but without taking consistent action, your commitment won't yield the desired results.
When considering investments, prioritize markets with proven track records, such as Dallas and Houston, as they continue to shine in the multifamily sector.
In syndication deals, ensure that all partners have the financial backing necessary to weather challenges and keep your deals funded.
Be cautious when opting for fixed-rate loans with steep prepayment penalties. Always consider potential exit costs in your financing decisions.
Success in real estate often comes down to focus and passion. Specialize and stay committed to your chosen niche for long-term success.
Believing in the opportunity and being confident in your message can significantly impact your success.
[00:40] Intro to Podcast
[02:46] Intro to episode guest
[05:54] One word that describes Brad personally and professionally.
[07:44] Brad shares why he doesn’t deviate from what he is doing.
[08:52] Brad, what specific factors do you consider when conducting property underwriting beyond the usual metrics like rent growth and exit cap rates?
[16:54] Are you still underwriting deals and looking at deals?
[19:20] What strategies do you currently teach students for raising private capital in today's market, and how do you adapt to the challenges posed by the current market conditions?
Jim Oliver - Infinite Banking and Creating Generational Wealth
Engaging with individuals from booking agencies facilitates networking and relationship-building opportunities.
Create passive revenue by leveraging borrowed funds for real estate acquisitions.
Seize control of your financial needs through self-banking, bridging borrowing and saving.
Harness loans from insurance policies for enhanced financial flexibility and investment prospects.
Utilize insurance contracts to borrow against and invest in real estate, maximizing returns.
Realize tax benefits through cost segregation and depreciation strategies in real estate.
[00:41] Intro to Podcast
[02:30] Intro to episode guest
[04:36] One word that describes Jim personally and professionally.
[09:11] Jim shares his history and how he got to what he is doing today.
[21:50] What is the difference between me putting money in this versus me putting money in my self-directed IRA so that I can still go and put money in an asset?
[23:52] If I deposit $100,000 for a whole life policy and this program today, how soon can I access the funds?
[26:10] What is the cash drag in the first year?
Great guests and host! I really enjoyed listening to this podcast.
A must listen!
Mike brings on quality guests and asks quality questions! Both of which are a rarity…. A Must Listen!
I found this show because someone I follow was interviewed took a listen and was pleasently suprised. Its really well done and interesting.