The Untold Stories of Real Estate Investing Wayne Courreges III

In this episode, Wayne talks to ‘’Raj’’ Venkatramani MD. Rajkumar Venkatramani (“Raj”) is a pediatric cancer researcher, oncologist, real estate investor, entrepreneur, founder, and manager at REIDOC Capital LLC. Raj went to medical school in India and trained in London, Illinois, and California. Raj has a master’s degree from the University of Southern California and an MBA from the University of Massachusetts. Raj owns and manages several rental properties in Houston and has invested in multi-family syndications for more than 5 years. He has invested both as a limited partner and a general partner in more than 1200 apartment units. Raj is passionate about helping doctors invest in apartment syndications. 
Today, Raj answers questions about why doctors use commercial multi-family investing as a gateway to financial independence, and what motivates medical professionals to feel passionate about real estate investing.  
Topics on Today’s Episode: 

(2:00) How Raj began investing in real estate. Education is key, and Raj is passionate about educating professionals in his field on how to properly vet real estate syndicators and make the right decisions.  
(5:30) How to build relationships with syndicators to help doctors find the correct Real Estate Syndicator. 
(7:20) What should doctors look for when vetting a sponsor?  
(9:25) Why might physicians hesitate to invest? 1. No time for a learning curve 2. Fear of recession 3. Too good to be true 4. Stocks are easier 

In this episode, Wayne talks to Adam Carswell. Adam is a real estate investor and podcaster. He’s also a Linkedin power networker and a new media marketing maverick. Co-founder of RaiseMasters. He earned the title The Voice of Liberty as the MC at Libertyland national events. Additionally, he’s a cryptocurrency pioneer and a former semi-pro basketball player.
In today’s wide-ranging conversation, Adam begins by describing his real estate journey up to this point. Wayne and Adam discuss media marketing, the social media platforms that most contribute to success in commercial real estate, what people do right and wrong when nurturing investors, and what’s going on with cryptocurrency and NFTs. Listen in to hear more about Adam’s career and what he has to say.
Topics on Today’s Episode:

What Adam’s real estate journey has been up to this point.
Media marketing and how it ties in at the commercial real estate level
Adam’s LinkedIn strategy
Hacks for LinkedIn
Social media platforms where there is the most success
The importance of YouTube as a platform
Adam’s thoughts on outsourcing and how to make it easier from a time commitment standpoint.
What people do right or wrong when it comes to nurturing investors
What’s going on with NFTs and blockchain, and how it fits into real estate
Adam’s proudest moment

Links and Resources:
Adam Carswell
RaiseMasters
Rich Dad Poor Dad by Robert Kiyosaki
Onlinejobs.ph
Fiverr
Upwork
Libertyfund.io
Wayne Courreges
Free Passive Investor eBook by Wayne Courreges
The Untold Stories of Real Estate Investing Podcast
 

In this episode, Wayne talks to Nonna Pikiner, a real estate investor, about how to scale real estate in California. Through partnerships with reputable and experienced operators, Nonna has a real estate portfolio valued at almost $1 billion.
Nonna identifies promising financial opportunities for investors with various experience levels. She helps them accumulate wealth through asset diversification, tax-efficient passive income, and capital preservation.
Topics on Today’s Episode:

Willingness to Learn: How Nonna got started in real estate investing
8-Unit Property: Challenge of not knowing who is going to take out the trash
Refinance and Reinvest: Scale quicker in real estate with syndication
Nonna’s Strategy: Passive to active investing and listening via partnerships
Why Oakland, CA? Make multifamily properties perform in rent-controlled space
Section 8: Government help with housing, but landlords uncomfortable w/ government
Property Calculations: Review and evaluate cash flow, principal amortization, and value
Eviction Moratorium: People unable to pay rent and landlords not able to do anything
Smart Oak: Nonna’s next-generation multifamily real estate investment company
Mission: Buy, operate, stabilize, and exit multifamily rental properties with shares    

 
Links and Resources:
Nonna Pikiner on LinkedInSF Investor Social ClubHousing Choice Voucher Program - Section 8Wayne CourregesFree Passive Investor eBook by Wayne CourregesThe Untold Stories of Real Estate Investing PodcastCREI Partners on Facebook

In this episode, Wayne talks to Keishia Kennedy, Founder, and Owner of Kennedy Remedy Investments, about how she balances a military career, family, and scaling real estate. 
Keishia is an Army veteran with six years of service in the Army National Guard. During her enlistment, she was a human resource specialist and deployed to Kuwait as part of Operation Enduring Freedom. 
Keishia began investing in real estate 11 years ago following her enlistment. In April 2021, she decided to take the next step on her entrepreneurial journey to focus on investing in commercial multi-family properties by founding Kennedy Remedy Investments.
 
Topics on Today’s Episode:

Self-Taught: How Keishia got started in investing tax-free money into real estate assets 
Family Effort: Blessing to have someone you know and trust to help take care of the property
Veterans Administration (VA) Home Loan: Resource to purchase the home you reside in
Refinancing and Tax Benefits: Build equity and take capital/money to redeploy into deals
Lessons Learned: Be strategic with who you rent your property to and get better results
Contractor Issues: Be mindful when hiring and realize the cheapest is not always better
Team Sport: Rely on referrals, contracts, insurance, deadlines, materials, and family
Kennedy Remedy Investments: Why Keishia decided to focus on multifamily real estate
Partnership: Do due diligence and leverage to invest someone else’s money into deals
Roadblocks: Takes time to build a great relationship with someone for multifamily deals
Coach/Mentor/Mastermind: Invest in yourself to ensure others’ experience and referrals
Multifamily Mistakes: Don’t be too eager to invest in a deal, take time to do due diligence 

 
Links and Resources:
Kennedy Remedy InvestmentsKeishia Kennedy on LinkedInThe Beginner's Guide to Investing As a Limited PartnerKennedy Remedy Investments on FacebookKennedy Remedy Investments on Instagram

In this episode, Wayne talks to Kevin Gardner, President of Multifamily Utility Solutions (MUS), about creating miscellaneous income through cable, internet, and other contracts. 
Kevin spent nearly 20 years with Comcast and was responsible for managing the team that negotiated telecommunications access agreements with multifamily property owners.
For multifamily property owners and their management companies across the country, Kevin’s experience has resulted in favorable contract terms and improved net operating income (NOI). In 2021, MUS’s clients increased their NOI by more than $4 million, resulting in an increase in asset value of more than $100 million.
 
Topics on Today’s Episode:

Comcast: How Kevin got started in multifamily investments and settled into cable niche
Profit-Sharing: How Kevin’s contracts work for multifamily tenants and property owners
Buy in Bulk? You buy and pay for 100% of your unit whether amenity is used or not
Bulk Agreement: It’s a fixed expense, so find out if there’s a contract via financials
Right of Entry: Compensation given for permission/authorization to be on the property
100: When to add revenue to NOI with new or renewal agreement/contract opportunity
Future of Cable: Streaming is inevitable but broadband pipe is critical to have for access
FCC Ruling: Protect consumers and not eliminate or limit their choices for financial gain 

 
 

In this episode, Wayne talks to The Kitti Sisters—Palmy and Nancy—about how to mitigate risk for both passive and active investors. The Kitti Sisters discuss their journey of owning over 11 apartment projects with more than 2,600 doors.
Palmy and Nancy are first-generation immigrants who were reliant on one income stream despite owning successful fashion manufacturers. The income they worked so hard for dried up. They had to find a different way to financial freedom.
The Kitti Sisters became entrepreneurs, real estate investors, and apartment syndication experts. They are dedicated to teaching others how to live their lifestyle dreams without having to manage apartment complexes or find tenants.
Topics on Today’s Episode:

Backstory: Why Palmy and Nancy transitioned from world of fashion to real estate
Why real estate syndication? To escape daily grind for stability, reliability, and scalability
Why start small?! Takes too much time, money to buy houses, make comfortable living
Why apartment syndication? From flipping business to passive investors for cash flow
Hurdles: Culture, not immigration status was challenge to buy large, multifamily assets
Inflation: How Kitti Sisters underwrite with federal loan rate changes, supply challenges
Multifamily Markets: Consider cap rates, affordability, supply, demand, other variables
Risk Mitigation: Any investment comes with risks, try your best to mitigate known factors
Additional Asset Classes: Diversify in multifamily but concentrate to build wealth