Multifamily Insights John Casmon

Over his career, James Prendamano has led a team that closed over 1500 deals, leased more than 1 million square feet of commercial space, and has effectuated more than 1 billion dollars in transactional real estate.  During this time James shepherded the completion of transformative projects literally reshaping Staten Island; NYC’s commercial real estate landscape.  Through discipline and subscribing to a lifelong learner mindset James’ expertise runs the real estate gamut. 
We talked to James about his journey from brokerage to investing, coaching, leadership, and how to find opportunities across various asset classes.
 
Groundbreaker: Click here to learn how to raise more money and speed up the syndication process by 80%!
 
[00:01] Opening Segment 
James talks about his background; He talks about how he got on the investment and equity side of real estate;  
[06:00] Leadership
How a coach led him to where he needed to be ; How you should act as a leader; Why you should take time to evaluate yourself to become a better leader. What puts a broker into a great position to become a passive investor;  
[14:33] Brokerage to Investing
James talks about his company; How to find opportunities across many different asset classes James talks about his podcast; How podcasting helped James in his journey;

Announcement: Download Our Sample Deal and Join Our Mailing List
 
[26:25] Round of Insights
Apparent Failure: Not digesting the information he learned
Digital Resource: CRM
Most Recommended Book: The 21 Irrefutable Laws of Leadership
Daily Habit: Doing his morning routine without fail
#1 Insight to Be A Successful Real Estate Investor: You’re never going to see a pro forma that doesn’t look good. Find what’s wrong, find the pinch points.
Best Place to Grab a Bite in New York: Denino’s Pizzeria & Tavern
 
Contact James:
Click here to listen to James’ podcast. To learn more go to prereal.com
 
Tweetable Quotes:
“You’re never going to see a pro forma that doesn’t look good. Find what’s wrong, find the pinch points.” - James Prendamano
 
Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.
 

Paul Wakim, the founder of TwnSqr, taught himself how to code in Python to create an algorithm to predict who was going to sell their home next by identifying people who showed signs of 5 or 6 common selling traits. Later, he met his great friend and TwnSqr co-founder, Mitch Tracy. In mid-2019, Mitch quit his job to come work on TwnSqr full-time to refine and drastically improve the algorithm.
Through trial and error, Paul and Mitch ended up with the version of TwnSqr that we have today - the premiere off-market property dispositions tool that connects real estate investors with one another and, eventually, the largest institutional buyers in the world. Their goal is to support sellers, investors, and buyers of all sizes through world-class technology! 
We talked to Paul about how they got to the 95% accuracy rate on who wants to sell, how it helps investors form deeper and more valuable connections, and what makes TwnSqr a great platform for professional investors.
 
Groundbreaker: Click here to learn how to raise more money and speed up the syndication process by 80%!
 
[00:01] Opening Segment 
Paul talks about his background; He talks about how he built a platform for buyers and sellers; What really kicked off his platform “TwnSqr”  
[05:55] 95% Accuracy Rate on Who Wants to Sell
6 indicators that let you know that someone is going to or wants to sell; How to make accurate, data-backed predictions on who wants to sell; How they got to the 95% accuracy rate on who wants to sell; How you can access data;  
[13:34] “Townsqr” - A Platform for Investors by Investors
Paul talks about his app “TwnSqr” and what it’s for; The things that make TwnSqr a lot more than an MLS listing; Connecting professionals and the ease of closing a deal; The user experience of “TwnSqr”; Helping investors form deeper and more valuable connections; JV in partnerships; $1 first deal What’s conservatorship;

Announcement: Download Our Sample Deal and Join Our Mailing List
 
[29:26] Round of Insights
Apparent Failure: Failing to recognize how bad they were failing with the second business model of TwnSqr.
Digital Resource: Miro
Most Recommended Book: The Nature Fix
Daily Habit: Writing a to do list
#1 Insight for Real Estate Investing: Always partner with somebody.
Best Place to Grab a Bite in Jackson, Wyoming: Dornan’s
 
Contact Paul:
Go to twnsq.com to learn more. You can find them on social media with the @TwnSqr handle. You can also e-mail Paul directly by clicking here or connect with him on LinkedIn.
Click here to listen to the "Probate, Deals, and Protecting Your Assets with Bill Gross" episode.
Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.

Isabelle Guarino is a graduate from Arizona State University, a former flight attendant, Walt Disney World intern and now Residential Assisted Living Academy’s leading lady. She has been working as the COO of the company for the last 6 years, keeping everyone in line and on task. She's been featured in many magazines and articles on the topic of Senior Housing and most recently was given the title of one of the "Top Influencers in Senior Housing". Isabelle also won Aging Media's "Future Leaders of Assisted Living" award in 2020 being 2 of 100's under 30 to make the list.  
We talked to Isabelle about her investing and education journey in senior housing and we got into the nitty-gritty of the residential assisted living space. 
 
Groundbreaker: Click here to learn how to raise more money and speed up the syndication process by 80%!
 
[00:01] Opening Segment 
Isabelle talks about her background; How her father influenced her getting into the senior housing space;  
[04:30] A Hybrid Business Model
A hybrid business model; What’s assisted living; Different ways for investing in senior housing; What makes assisted living different than a tenant-landlord agreement; Residential assisted living; Independent living VS. Assisted living   
[15:28] Residential Assisted Living 101
4 ways of getting into assisted living as an investor; The licensing process for assisted living; How the payment process works in the assisted living space; How to find operators in the assisted living space; The risks involved in the assisted living space; What location to choose for residential assisted living;  
Announcement: Download Our Sample Deal and Join Our Mailing List
 
[29:59] Round of Insights
Apparent Failure: Accepting a problematic resident in her residential assisted living home;
Digital Resource: The Profitability Calculator at ral101.com 
Most Recommended Book: The 5AM Club
Daily Habit: Writing a to do list
 #1 Insight for Being Successful with Residental Asissted Living: Grid
Best Place to Grab a Bite in Phoenix: Citizen Publichouse
 
Contact Isabelle:
Click here to listen to Gene Guarino’s episode. You can find the RAL Academy at ral101.com.
 
Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.

Pete is a strategic and passionate leader with a serving heart to bless those he serves.  Pete is an active father, husband and basketball coach with a hunger to empower people everywhere he goes.
Pete’s background includes launching 10+ companies spanning energy, fitness, franchising, youth athletics, real estate, and others.  He participated in multiple ventures including founding upstarts to leading $30 million in real estate development, and Native American companies and communities. Most recently Pete co-led the growth of a National Real Estate Mastermind and also managed the optimization of a fortune-5 energy company with $12+ billion in operations, leading teams in excess of 1000+ reports.
At the bottom of it all lies a hunger to drastically improve upon the status quo through the empowerment of human capital and transforming corporate success.

We talked to Pete about leadership, the importance of empowering human capital, what makes attitude more important than skills when hiring, why BTR is becoming more and more popular, and the importance of balance in your life.
 
Groundbreaker: Click here to learn how to raise more money and speed up the syndication process by 80%!
 
[00:01] Opening Segment 
Pete talks about his background; How and why he helps companies;

[03:59] Leadership
The “Don’t half-ass it” approach; Why leadership is the most common challenge across a variety of industries; How Pete helps companies thrive; How empowering the human capital can help your company; Why attitude is more important than skills when hiring;  
[13:10] The BTR Space
Pete talks about what he has been doing in the real estate space; From multifamily to BTR; Why BTR is becoming more and more popular; How to select the markets for BTR properties; One thing you should know before getting into the BTR space; Coaching high-level executives; Some tips to get your life in balance;  
Announcement: Download Our Sample Deal and Join Our Mailing List
 
[26:20] Round of Insights
Apparent Failure: A land development project that failed
Digital Resource: money.com
Most Recommended Book: The 7 Habits of Highly Effective People
Daily Habit: Daily Stoic time
 #1 Insight for Finding Balance in Your Life: Focus on the quality over quantity.
Best Place to Grab a Bite in Phoenix: Texas Roadhouse
 
Tweetable Quote: “One of the biggest issues that I see in Corporate America is that leadership is driving with ego rather than authenticity.” - Peter Vanderveen
 
Contact Peter:
Go to legacyacquisitions.com to learn more. To learn more about Pete’s coaching go to triumphperformanceacademy.com
 
Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.

Aaron Fragnito is a Senior Managing Member and co-founder of Peoples Capital Group.  Aaron is also the host of New Jersey Real Estate Network (NJREN), the Cash Flow Podcast (YouTube), and an adjunct professor at Rowan University while being a Full-Time real estate investor. Aaron has built an 8-figure Real Estate Portfolio and is a well-known name in the Real Estate investment market throughout New Jersey.
Aaron has completed 100+ real estate transactions as a realtor and another 100+ transactions as a real estate investor. He has helped over 100 people invest in real estate while raising over $10M in private capital. He has also been a guest on over 60 podcasts and also presents live webinars of his own on a monthly basis. Aaron enjoys speaking at events on a monthly basis to educate people about real estate investing. 
Aaron holds a B.A in Business Management with a concentration in Entrepreneurship from Rowan University. Aaron focuses on building a strong relationship with his clients, understanding their goals and helping them execute them into reality.
We talked to Aaron about the New Jersey market, rent-controlled units, and his outlook for 2023.
 
Groundbreaker: Click here to learn how to raise more money and speed up the syndication process by 80%!
 
[00:01 – 04:29] Opening Segment 
Aaron talks about his background; He talks about People’s Capital Group and what they do;  
[04:29 – 16:46] Investing in Landlord Unfriendly Markets   
He talks about how they established themselves in the New Jersey Market; How you can find less restrictive rent control and how it makes a difference; How you should approach working with rent-controlled units; Why you need to understand the political landscape to navigate a deal;  
[16:46 – 29:10] What to expect from 2023
How to make a deal and mitigate the risk that come from having rent control and restrictions ; What’s a non-taxable liquidity event; What makes the deals that Aaron makes different; Some of the concerns investors have when investing in syndications; Aaron talks about his new e-book; What to expect from 2023 in the real estate market

Announcement: Download Our Sample Deal and Join Our Mailing List
 
[29:10 – 33:16] Round of Insights
Apparent Failure: Not doing well flipping high end homes.
Digital Resource: Appfolio
Most Recommended Book: Rich Dad, Poor Dad
Daily Habit: Excercise
 #1 Insight for Multifamily Investing: Use the word no more than yes. It will make you money
Best Place to Grab a Bite in Sommerville, New Jersey: Mike’s Courtside Kitchen
 
Tweetable Quote: “When you are doing something well, when you are beating expectations stick to it and just improve those systems” - Aaron Fragnito
 
Contact Aaron:
Go to www.peoplescapitalgroup.com to learn more. Click here to download the e-book.
 
Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.

Leslie Anne Morris began her Smoky Mountain investing journey while living and working in Los Angeles. Leslie had been a commercial banker for over twenty years and wanted to begin building true wealth. From the minute she closed on her first investment cabin she knew she had made the right choice. The cabin was an overnight success! The cash flow she made from her first investment allowed her to quickly scale her portfolio and today she has 10 short-term rentals.

Leslie fell in love with Tennessee and moved there in 2020. After learning about a lack in the marketplace, Leslie quickly founded two sister companies. Invest in the Smoky Mountains, a property acquisition company, and Josh’s Cabins Management, a full-service property management company, both focused on creating a passive income source for out-of-state investors. Leslie’s mission is to be a driving force that helps empower women to begin investing, her ultimate goal is to create 1,000 women millionaires.

We talked to Leslie about investing in short-term rentals and her mission to create 1,000 women millionaires. 
 
Groundbreaker: Click here to learn how to raise more money and speed up the syndication process by 80%!
 
[00:01 – 04:06] Opening Segment 
Leslie talks about her background; She talks about her recent transition from her W2 to a full time investor;  
[04:06 – 13:20] Developing a Short Term Rental Strategy
How she got into short term rentals; How having strong boots on the ground can help; How BiggerPockets helped her; Understanding the Tennessee Market; She talks about short term rental opportunities; A turnkey approach to short term rentals;  
[13:20 – 28:48] How to Approach Short Term Rentals
What investors need to do to overcome challenges; How to choose your team members; Some of the differences of short term rentals; Metro VS. Smoky Mountains Why Leslie helps other women become millionaires; Some of the challenges that women investors face;  
Announcement: Download Our Sample Deal and Join Our Mailing List


[28:48 – 33:58] Round of Insights
Apparent Failure: Jumping into a market she didn’t know
Digital Resource: BiggerPockets
Most Recommended Book: Rich Dad, Poor Dad
Daily Habit: To do list
 #1 Insight for Short Term Rental Investing: It’s not just an asset class, it’s a fun thing to own.
Best Place to Grab a Bite in Nashville: Hall’s Chophouse
 
Contact Leslie:
Go to leslieannemorris.com to learn more. You can also find Leslie on Linkedin or Instagram.
 
Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.