Pixels & Properties Welcome to Pixels and Properties - the only platform for busy, high-caliber tech professionals seeking financial transformation through real estate ventures

Ian Cruz is a Finance Manager from the Bay Area with a passion for real estate. He's built a multifamily portfolio of over 30 units across the Bay Area and Cincinnati, Ohio, showcasing his extensive experience in property investment. In addition to his corporate role, Ian hosts immersive real estate field trips, sharing his insights into the industry's nuances. He emphasizes the crucial link between finance and real estate metrics, offering valuable guidance to both seasoned investors and newcomers. Tune in as we explore the dynamic world of real estate with Ian.

Discussion Highlights:
Real estate metrics and numbers can be overwhelming. Rather than always shooting for the "highest" returns, Ian encourages investors to understand the relationship between these different metrics to truly meet their goals. Ian dives into how he leverages Virtual Assistants and tech to offload some of his work and buy back more of his timeDue Diligence tips for multifamily buildingsWhere to find Ian:
Instagram: @cincycashflowEmail: ian@elev8capital.co Facebook: https://www.facebook.com/IanCruzBoxing ---
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About Pixels & Properties:
Welcome to Pixels and Properties - the only platform for busy, high-caliber tech professionals seeking financial transformation through real estate ventures. Subscribe to our complementary newsletter through the show notes to receive weekly deep dives, expert insights, and resources to accelerate your investment journey without buying yourself another job. Ready to build wealth on your terms? Let's get started.

Summary:

Clint Harris is a professional real estate investor and entrepreneur, and handles capital raising and investor relations at Nomad Capital. With a background in medical sales, Clint built a lucrative multifamily real estate portfolio, converted to high-performing Airbnb properties.  At Nomad Capital, he his team buys big box retail and converts them to self storage facilities. He has raised capital for over $90M in stabilized assets. His mission is to inspire financial, location, and time independence for investors.

Discussion highlights:
"Financial freedom itself is shallow. That’s not the goal. The goal should be financial independence combined with time independence and location independence. Those three things together mean that you can do what you want, where you want, when you want. It creates an independence of purpose.""No matter what your skillset is, there’s a way that it can apply specifically to real estate and real estate investing because it’s a very broad subject matter. There’s a million different things you can do.""It’s always daunting when that career has a really high ceiling. But it does have a ceiling. The question you have to ask yourself is, is that ceiling enough for my family? Not just with money, but with time and independence…Once [you decide] that it isn’t enough, then the only real risk is not doing something."Where to find Clint:
Email: clint@nomadcapital.usWebsite: https://nomadcapital.us/Podcast: Truly Passive Income---
For more insights and content to accelerate your real estate success, join our free newsletter at follow this link: pixelsandproperties.beehiiv.com

About Pixels & Properties:
Welcome to Pixels and Properties - the only platform for busy, high-caliber tech professionals seeking financial transformation through real estate ventures. Subscribe to our complementary newsletter through the show notes to receive weekly deep dives, expert insights, and resources to accelerate your investment journey without buying yourself another job. Ready to build wealth on your terms? Let's get started.

Summary
Mike Kaeding, founder of Norhart, a Minneapolis-based multifamily builder, shares how they've lowered construction costs by 20-30%. Norhart applies techniques such as the assembly line to increase labor productivity and reduce construction timelines. By optimizing every step of the construction process, they can cut down on labor costs, accelerate project completion, and have a substantial impact by offering affordable housing to a larger number of individuals and families.


Highlights from the episode:
Mike Kaeding applies principles from other industries, like manufacturing, to construction to reduce costs, emphasizing bringing work under one roof and implementing assembly-line techniques for enhanced productivity.Streamlining the supply chain and sourcing materials internationally is a key strategy to significantly reduce construction costs and enhance overall efficiency in the building process.Success in construction relies on hiring the best talent, creating a supportive environment for their growth, and recruiting individuals from diverse backgrounds to bring fresh perspectives and innovation.Mike's goal is to expand into new regions, recognizing that different geographies present unique challenges. Building the right infrastructure and leveraging expertise are essential for entering new markets successfully.About The Guest:
Mike Kaeding is the CEO of Norhart, which stands at the crossroads of construction expertise and visionary leadership in the realm of affordable housing. With a mission to revolutionize the real estate industry, Mike is driven by the belief that reducing construction costs can profoundly impact housing affordability. Drawing inspiration from diverse industries, such as manufacturing, he pioneers innovative approaches that redefine how we build homes.


To get in touch with Mike:
IG: https://www.instagram.com/mikekaeding/
YT: https://www.youtube.com/@Norhart
LinkedIn: https://www.linkedin.com/company/norhart/
Website: https://www.norhart.com/
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For more insights and content to accelerate your real estate success, join our free newsletter at follow this link: pixelsandproperties.beehiiv.com

About Pixels & Properties:
Welcome to Pixels and Properties - the only platform for busy, high-caliber tech professionals seeking financial transformation through real estate ventures. Subscribe to our complementary newsletter through the show notes to receive weekly deep dives, expert insights, and resources to accelerate your investment journey without buying yourself another job. Ready to build wealth on your terms? Let's get started.

Mark Ainley shares key insights for investing in the Chicago real estate market. He stresses the importance of local professionals, warns against D-class areas, and advises on considering extra expenses like Section 8 inspections. Mark encourages finding solid deals in stable areas, leveraging tools like virtual assistants, and building relationships with wholesalers for investment opportunities. He welcomes anyone looking to invest in Chicago to reach out.
Highlights from the episode:
A good deal is a good deal, regardless of market conditions. Investing in a solid asset in a stable area with positive cash flow is a reliable way to make money in real estateMortgage rates should not deter you from investing. If the investment deal makes financial sense and aligns with your goals, the interest rate shouldn't be the sole deciding factorWhile exceptional deals may be scarce, opportunities still exist for those willing to put in the effort. Success in real estate investing requires proactive effort and networkingInstead of waiting for a market crash, focus on acquiring solid assets and gradually building a real estate portfolio over time. Timing the market can be challenging and less effective compared to strategic, consistent investmentsGC Realty Guide for Chicago Investors: https://www.gcrealtyinc.com/ebook
Recommended book: Virtual Freedom: How to Work with Virtual Staff to Buy More Time, Become More Productive, and Build Your Dream Business

About the guest:
Mark Ainley is an investor, real estate managing broker, and local property manager with nearly two decades of experience in all facets of real estate. He is the co-founder of DC Realty and Development, LLC, a full-service real estate brokerage, property management, and real estate investment firm in the Chicago real estate market. Mark has completed over 480 successful rehabs and has been featured on CNBC's TV show "The Deed" and various podcasts.

Get in touch w/Mark:
instagram.com/sucipodcastYouTubeLinkedInstraightupchicagoinvestor.com---
For more insights and content to accelerate your real estate success, join our free newsletter at follow this link: pixelsandproperties.beehiiv.com

About Pixels & Properties:
Welcome to Pixels and Properties - the only platform for busy, high-caliber tech professionals seeking financial transformation through real estate ventures. Subscribe to our complementary newsletter through the show notes to receive weekly deep dives, expert insights, and resources to accelerate your investment journey without buying yourself another job. Ready to build wealth on your terms? Let's get started.

Working and saving to buy rental properties works! Until you run out of cash. So how do you continue to grow your portfolio beyond that? In this episode, learn how Brian Grimes leveraged BRRR deals (over 300 of them!), creative financing, and virtual assistants to build a system that can scale infinitely.

Highlights from the episode:
You have to become an expert on each facet of the business from acquisition to repositioning to management, and then train others to take over that task for you. Brian has virtual assistants doing everything from deal analysis to leasing to maintenanceYour role is to be the architect of the whole system (eg, work on your business, not in your business) and to make sure all the pieces are working in syncCreative financing is a way to create a win-win situation for both the buyer and the seller, where the seller can get completely passive cash flow while the buyer gets to buy a deal with little cash out of pocketBrian talks about Section 8 and co-living, two different but highly profitable strategies for landlords that provide affordable housing solutions for tenantsIf you can systematize your operations with boots on the ground and VAs for aircover, you can operate in multiple markets all over the countryAbout the guest: Brian K. Grimes, Jr. CFP® is an Ivy League educated real estate entrepreneur and coach. Upon graduation from Columbia University in 2011 he embarked on a career in Financial Planning at AXA Advisors before transitioning to high net worth asset management at Bridgewater Advisors. In 2015, Brian launched his own real estate development company in his home town of Philadelphia, and has since gone on to gut renovate 300+ rental properties across the country using the BRRRR strategy.  He is raising his sons, Brian III and Tomas, in the Bronx with his wife, Zila Acosta-Grimes.

To get in touch with Brian:
IG: briangrimes_247cfuYT: @BrianLovesCashFlowLinkedIn24/7 Cash Flow University was founded by Brian to teach students how to create passive income and escape their 9-5 desk job. Brian teaches students how to full-gut renovate, acquire, and stabilize cash flowing rental property portfolios---
For more insights and content to accelerate your real estate success, join our free newsletter at follow this link: pixelsandproperties.beehiiv.com

About Pixels & Properties:
Welcome to Pixels and Properties - the only platform for busy, high-caliber tech professionals seeking financial transformation through real estate ventures. Subscribe to our complementary newsletter through the show notes to receive weekly deep dives, expert insights, and resources to accelerate your investment journey without buying yourself another job. Ready to build wealth on your terms? Let's get started.

About The Guest(s):

David Johanson is an entrepreneur and real estate investor based in Fargo, North Dakota. He has started, purchased, operated, and sold multiple businesses throughout his career. Currently, he and his wife own and operate three companies: Daybreak Properties, a real estate holding company; Daybreak Property Management; and Daybreak Property Maintenance. They also own a lease option company called First Door LLC.

Summary:

David Johanson shares his journey from selling his pottery studio business and to diveing headfirst into real estate investing. He chose Fargo, North Dakota as his market due to its robust economy and favorable investment conditions. David emphasizes the importance of building relationships and networking with local real estate investors to find the best deals. He also discusses his lease option strategy, which involves leasing properties to tenants with the option to purchase in the future. This strategy allows him to provide affordable housing options and create win-win situations for both tenants and investors.

Key Takeaways:


Success in real estate investing is all about building relationships and networking with local investors.Choosing the right market is crucial for maximizing returns and cash flow.Lease options can be a profitable strategy for providing affordable housing and creating win-win situations for tenants and investors.Finding the right tenant-owner is essential for the success of a lease option deal.Honesty and transparency are key when evaluating potential tenants and their creditworthiness.Quotes:
"Success is all about people.""Expenses destroy profits.""You have to find a market that you like.""Success is all about relationships and people.""You have to find the right tenant-owner.""Lease options can be a win-win for both tenants and investors."Get in touch with David
www.daybreakproperties.comwww.expenseskillprofits.comemail: dave@davejohanson.com---
For more insights and content to accelerate your real estate success, join our free newsletter at follow this link: pixelsandproperties.beehiiv.com

About Pixels & Properties:
Welcome to Pixels and Properties - the only platform for busy, high-caliber tech professionals seeking financial transformation through real estate ventures. Subscribe to our complementary newsletter through the show notes to receive weekly deep dives, expert insights, and resources to accelerate your investment journey without buying yourself another job. Ready to build wealth on your terms? Let's get started.