The Apartments Operators Podcast EBG Creative, Joseph Gozlan

In this episode of the Apartments Operators Podcast, our hose, Joseph Gozlan, is joined by Steven Weinstock, a very experienced multifamily operator that brings a perspective of an investor/operator spanning across two full cycles!Steven owned anything from small 2-4 units properties to large apartment communities and shares his experience over the last couple of decades and his insights about where the market is going in 2024.
00:0001:34 How Steven got started investing in real estate02:50 Why Steven chose self manage04:28 Setting up a Management Structure07:12 Steven's approach to screening tenants10:13 finding good people for your property12:19 There's just no replacement for experience16:36 Tenants Retention32:40 2024 Market Outlook35:36 Advice to my younger self37:25 It's great to buy!38:27 Real estate is better when you play a 15 years game!
 
Company: We CapitalWebsite: https://www.wecapitalx.com/LinkedIn:  Steven M. Weinstock

Aaron Ford joins the Apartments Operators Podcast to share with host Joseph Gozlan his hybrid approach between in-house processes and 3rd party management companies. 
Aaron owns about 250 units (with no partners!). All small properties under 50 units and managed to find an interesting balance between relying on a 3rd party management company and running all the management in-house.
 
00:0000:48 Who is Aaron Ford?03:59 Aaron's Hybrid Model Management06:41 How the hybrid system works11:28 What asset types Aaron prefers16:24 Why only the top operators are going to survive the coming recession17:03 It's a cycle26:20 Why interest going down is not exactly the good sign everyone thinks it is29:40 How to create a "community" for small properties37:39 Advice to younger self39:28 Advice to starters41:13 Aaron's Contact informationWebsite: securemultifamily.com

Thanks to travel delays I missed my flight to NC and thus didn't get to present this on the 2023 MFINCon so I recorded it and put it out here for everyone that wanted to participate in my session. 
01:05 Introduction01:51 Joseph Gozlan of EBG04:07 Hear directly from our expert guests05:44 The Decision09:01 The Challenge14:39 The Horror Stories19:41 The Math24:02 Self-Management25:19 The Current Market29:28 Quick Tips!
---------------------------------------------------------------------------------------------------This is an episode of The Apartments Operators Podcast where you can learn from experienced operators what it really means to be apartment operators.No fluff, no sugar coating, just the raw unfiltered truth of the ups and downs of operating multifamily communities.Our host, Joseph Gozlan, is an experienced owner/operator and a multifamily broker living in Texas. We gathered a phenomenal group of operators for you that share not only the upside of a multifamily operator but also the downside, the challenges, and the surprises this business keeps coming up with.------------------------SUBSCRIBE ----------------------------------------------------------on iPhone: https://podcasts.apple.com/us/podcast/the-apartments-operators-podcast/id1519907176on Android: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkLnBvZGJlYW4uY29tL2ViZy9mZWVkLnhtbA?sa=X&ved=0CAcQrrcFahcKEwiI2_OFn7P8AhUAAAAAHQAAAAAQCg------------------------ LINKS ------------------------------------------------------------------The Apartments Operators Podcast website: https://www.AptOpr.comAll The Apartments Operators Podcast Episodes on YouTube: https://www.youtube.com/watch?v=YIZzxCrT_fY&list=PL5SEY4gVQHKJXfy70oeq7f5AGm_m5VOf1Eureka Business Group: https://www.ebgtx.comEBG Creative:https://www.EBGCreative.com------------------------------------------------------------------------------------------------------Tags: #realestate, #realestateagent, #realestateadvice, #realestatepodcast, #realestatebrokerpodcast, #multifamily, #realestateinvestment ------------------------------------------------------------------------------------------------------Please like, subscribe, and leave us a review!

Ken and Rachel Wick join Joseph Gozlan, Host of the Apartments Operators Podcast, and share their journey from career educators to multifamily owners and operators!
00:0000:39 The Wicks Background03:49 How do you choose a third-party management company?06:52  Treat your property management company as your quarterback09:08 Thoughts about starting your own property management17:17 How the Wick couple execute their value add plans21:56 Introduce a residents benefits package23:26 Knowing your property management skills and capabilities is another way to save costs27:00 Resident Retention initiatives the Wicks like to embed in their communities35:04 Advice to younger self
Ken and Rachel Wick's details: Website: www.higherpointinvesting.comEmail: contact@higherpointinvesting.com

Joining Joseph Gozlan, host of the Apartments Operators Podcast, Ed Modzel shares how he started his multifamily journey when he turned 60(!) showing that it's really never too late to start investing in multifamily.
00:0008:25 Ed's Process of Hiring a Property Management Company10:09 Why you really shouldn't move to the property you're managing!11:40 The most successful properties that we have are ones that we self-manage12:59 Self-Management saved us from the COVID downfall15:59 Before you hire a manager, you should make sure that they buy into your business plan18:52 How does Ed work with his management team20:03 The magic of using charts41:35 Advice to younger self
Ed Modzel's website: https://www.gimmeshelterequity.com/

Eric Upchurch joins host Joseph Gozlan on the Apartments Operators Podcast to share his journey from enlisted to owning & controlling a large portfolio of apartments! Eric started his real estate investing while being on Active Duty and has since created an organization dedicated to educating Active Duty members of the armed forces about the benefits of investing in real estate and helping them get started while still on active duty!
 
00:0000:39 How Eric got started with real estate02:37 Becoming an accidental landlord04:14 We always use third party management04:30 When hiring a new 3rd party management company, its always good to cross-reference05:25 never hire a part-time realtor as your property manager06:08 you want a property management that manages the same asset class that you are buying12:27 Pro tip: Check the reviews of the community you're buying!!20:59 There's money in everything, even in the garbage!40:14 Advice to younger self
militaryrealestateinvesting.comactivedutypassiveincome.comericupchurch.comIG: real Eric Upchurch