100 episodes

My goal is to provide information about real estate investing that will actually help the average aspiring investor take the steps necessary to start and grow their real estate business!

Working Capital The Real Estate Podcast Jesse Fragale

    • Business
    • 5.0 • 21 Ratings

My goal is to provide information about real estate investing that will actually help the average aspiring investor take the steps necessary to start and grow their real estate business!

    Are we Headed for Recession? Real Estate in 2022 with Antony Davies | EP109

    Are we Headed for Recession? Real Estate in 2022 with Antony Davies | EP109

    Antony Davies is the Milton Friedman Distinguished Fellow at Foundation for Economic Education, associate professor of economics at Duquesne University, and co-host of the podcast, Words & Numbers. Dr. Davies authors monthly columns on economics and public policy for the Philadelphia Inquirer and Pittsburgh Tribune-Review. He has written a book on understanding statistics, published by the Cato Institute, and has co-authored hundreds of op-eds for, among others, the Wall Street Journal, Los Angeles Times, and Washington Post. His YouTube videos on economics, government, and policy have garnered millions of views.
    In this episode we talked about:
    Antony’s Bio & Background View on Inflation: Dangers and Outlook Money Printing Stagflation Fiscal and Monetary Measures to Defend against Inflation Interest Rates Government Policies on Housing Regulations Resources
    Useful links:
    https://podcasts.apple.com/us/podcast/words-numbers/id1237781005
    https://www.youtube.com/c/AntonyDavies

    • 41 min
    Real Estate Syndication, Scaling and Systems with Mark McGuire | EP108

    Real Estate Syndication, Scaling and Systems with Mark McGuire | EP108

    Mark McGuire is a Chief Investment Officer, Hearthfire Holdings. in 2017 he started to build a real estate business. He hired and fired agents, learned from his mistakes, and then re-hired all over again with a new perspective. Since 2013, Mark and his team have brokered more than 300 homes with a total sales volume exceeding $83M. They have also raised over 15 million in capital for Hearthfire. Mark’s biggest passion is wealth building and investing. He is a limited partner in 12 syndications, ranging from multifamily to industrial, hospitality to self-storage. He has invested in multiple private companies in the biotech, finance, and AI spaces. In addition, he currently owns 20 residential units in various real estate partnerships and oversees the management of 130 residential units his family owns. Mark has also executed multiple 1031 exchanges. He’s seen up-markets and down-markets and discovered opportunities in both. 
    In this episode we talked about:
    * Mark’s  Bio & Background
    * Building his Career in Real Estate
    * Limited Partnership Role
    * Real Estate Deals Outlook: the best Takeaways from Investors
    * Red Flags while looking for LP & GP
    * Multifamily Investments
    * Mark’s Focus in Real Estate Right Now
    * Economic Outlook 2022-2023
    * Mentorship, Resources and Lessons Learned
    Useful links:
    Slicing Pie: Funding Your Company Without Funds
    https://hfirecapital.com
    https://www.linkedin.com/in/investingwithmark/
    Transcription:
    Jesse (0s): Welcome to the working capital real estate podcast. My name is Jesper galley. And on this show, we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time
     
    Jesse (23s): This is Jessica forgotten and you're listening to working capital the real estate podcast. My guest today is Mark McGuire. He's the C I O of Herth capital. He's a full-time real estate investor and operator that's when mark at the time plunge into real estate sales, after running hard on his own for three years, working 80 to 100 hours a week, mark realized he needed help. He transitioned his real estate practice to Keller Williams in 2017 to learn how to build a real estate business. He hired and fired agents learn from his mistakes and then rehired them all over again.
     
    Since 2013, mark and his team have brokered more than 300 homes with a total sales volume exceeding 83 million. They've also raised over 50 million capital for her fire, mark, you and I were just talking before we want to get into a lot of what you're doing now, which sounds like general partner and sponsoring deals. First of all, welcome aboard.
     
    Mark (1m 13s): Thanks for having me Jesse excited.
     
    Jesse (1m 15s): Yeah, I really appreciate it. So lots to talk about here. You've had a pretty, a pretty interesting background in terms of where you started out in your career and what you're doing today. And I want to get into for listeners the different asset classes that you're working with, but before we do that, why don't you take us back to kind of where you got into real estate? How that your story unfolded at the beginning?
     
    Mark (1m 39s): Yeah, so real estate was something that was in my family. You know, I tried to go the college route net that really didn't align with my way of being a really I learned hands-on and I could, I could do the school thing, but I just hated it. And my mom's a teacher, so that went over really well. And then, you know, transition to my first entrepreneurial venture was playing in a band and we played, I was in a band professionally for seven years. We ended up getting a record contract with RCA records and I had had my I'm sorry,
     
    Jesse (2m 15s): Small outfit.
     
    Mark (2m 16s): Yeah, yeah, just a little bit. And I had had my real estate license at the time. And when we got the reco

    • 33 min
    Commercial Real Estate Investment Strategies with Jesse Fragale (Guest Appearance) | EP107

    Commercial Real Estate Investment Strategies with Jesse Fragale (Guest Appearance) | EP107

    Capitalizing on student rental opportunity
    In this Episode You’ll Learn: 
    -Jesse’s Real Estate investing bio
    -How COVID has changed Real Estate investing strategies. 
    -Handling risk and uncertainty. 
    -Investing in population centers like Toronto. 
    -Learning, refining, and expanding on strategies that work.
    Transcription:
    Speaker 0 (0s): Hello listeners. It's your host, Jesse for galley. First of all, want to say thank you to everybody that continues to listen. We broke a hundred a little while ago, and I really, really am encouraged by the support and any questions that listeners have. You can always reach out to me and we can create a, just ask Jesse episode for those episodes. Anyways, I thought we'd do something a little bit different today. I was recently a guest on a very good podcast, breakthrough real estate, investing podcasts. If you don't know them, check them out.

    They started podcasting back when Joe Rogan was doing his podcast out of his old house in that dark basement. So they've been around for a long time, check them out. It's great for people that are getting into real estate investing, or if you're a seasoned vet and you just want to up your game. So without further ado, my episode with breakthrough.

    Speaker 2 (1m 4s): Welcome back, everybody. Thanks for joining us again. We are really happy to have you with us today for another exciting episode, full of, you know, chock full of knowledge and real estate stuff. So excited to get to that. And as always with me here again is Sandy McKay. How are you Sandy?

    Speaker 3 (1m 24s): Fantastic Rob, because I had to be here again and you know, we're, we're getting into some interesting real estate stuff in the market and the world. So I think we'll have a good show discussing all sorts of stuff around that.

    Speaker 2 (1m 36s): Yeah, we are. Things are changing, man. They are changing a little bit. So we do have some exciting updates. It's not just like the market's going up, the market's going up. And it was a little bit of a volatility there. So we can discuss that in a little bit, but everybody listening should go over to our website, breakthrough REI, podcasts.ca. They can get all of our past episodes from there. They can interact with our guests through the show notes and, and, and get access to any, any, you know, materials that our guests have, have left for us on there.

    So breakthrough REI, podcast.ca you can also get our free gift.

    Speaker 3 (2m 18s): Yeah. The ultimate strategy for building wealth through real estates. And of course, like, you all know you get on our email list when you do that and you will hear, but everything else we got going on and all the updates, all the, all the maybe events we've got coming up, webinars, whatever we, whatever we're putting out there, you will hear about it and never miss on an episode.

    Speaker 2 (2m 37s): And please go over to iTunes and leave us a rating review. You guys know that helps it. Doesn't take too long, go over there and tell us what you think. Leave us a five-star review that always helps. And more people will be able to hear the show more people. When they go on search real estate, investing podcasts, they'll ours will pop up and there'll be able to hear all of our past guests and all the info that we shared over the years, over the past eight years or Sandy going on eight years now. So we're seeing program we're still here, we're still going strong and we're still excited.

    Every single time we get behind these microphones. So, so yeah, listening.

    Speaker 3 (3m 19s): Okay. Keep listening, keep growing. I think we're a, you know, it's fun. We're doing, we've, we've gotten into lots of transitions over eight years in different different ways and you know, we're ramping up if nothing else right now, we're, we're not slowing down. So we're going to ramp up and keep pumping up more shows.

    Speaker 2 (3m 35s): That's right. And just like always today is no different

    • 53 min
    Real Estate, Climate Change and Institutional Capital with Jim Clayton | EP106

    Real Estate, Climate Change and Institutional Capital with Jim Clayton | EP106

    Jim Clayton is the Director and Timothy R. Price Chair at the Brookfield Centre in the Schulich School of Business at York University in Toronto.
    In this episode we talked about:
    Jim’s  Bio & Background Real Estate Education Evolution Climate Risk and the Opportunity for Real Estate Dealing with Tax & Climate The Courses Jim Teaches in the Schulich School Leadership in Real Estate Jim’s View on Current Real Estate Environment Resources Useful links:
    Adam Grant “Think Again”
    The surprising habits of original thinkers | Adam Grant https://www.youtube.com/watch?v=fxbCHn6gE3U
    https://schulich.yorku.ca/faculty/jim-clayton/
    shorturl.at/vDFGI
    Transcription:
    Jesse (0s): Welcome to the working capital real estate podcast. My name is Jesper galley. And on this show, we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time.
     
    Jesse (23s): Ladies and gentlemen, my name's Jess for galley, and you're listening to working capital the real estate podcast. My special guest today is Jim Clayton. Jim is the director and Timothy our price chair at the Brookfield center and real estate and infrastructure. And that is at the Schulich school of business here in Toronto, Canada. And that is at York university. Jim, how are you doing today?
     
    Jim (45s): I'm good. I'm good. Thanks for having me Jesse. And that was a big mouthful.
     
    Jesse (48s): Yeah, we thought we'd, we'd like, we've talked about before the show, we'd kind of break it down because you've got quite an extensive background in real estate. And before I start a York university at the Schulich school of business, how long have you been at that post?
     
    Jim (1m 3s): I've been here just over four years. I came in 2018 and partly because Schulich school received some funding to create the Brookfield center in both real estate and infrastructure, which is kind of unique. And also it was just kind of time to come home. I grew up in Toronto, moved all the way till my mother-in-law. I was taking her daughter in 1988 away for a one-year master's to UBC and 30 years later, we moved back after 20 of those in the states.
     
    Jesse (1m 36s): That's fantastic. That's another, a really good school for real estate as well. University of British Columbia is program there it's solder solder school of business. If I have that correct.
     
    Jim (1m 46s): You got it. It was really the only place one could kind of end up if you wanted a graduate education in real estate at that time,
     
    Jesse (1m 54s): Right on. Well, you know, once again, thanks for coming on. Part of the reason I thought listeners would get a lot of value about having you on was just some of the research themes that you've been working on and we'll jump into them. I think, you know, just to kind of Telegraph this a little bit, it's going to be a little bit about kind of the trend in real estate and commercial real estate in general, where we've gone from institutional investors and private investors. And I wanted to talk a little bit about the paper that you did that was on the, the impact on real estate decisions in relation to climate change or climate concerns, which is, I mean, definitely topical now in Canada and the U S and globally.
     
    But before we start that maybe you could give listeners a little bit of your background, how you wound up in, in this, in this industry, because like I said, you have quite the story bio.
     
    Jim (2m 44s): Oh, sure. Thanks. Thanks for the opportunity, Jesse. Yeah. So it's, it, it comes from the family a bloodline, if you will, to some extent, when I was a kid, my dad worked for quite a while for CMHC and got moved around from Ottawa to Winnipeg, back to Ottawa. And then he decided to go out on his own and have his own real estate consulting firm and moved to Toronto in th

    • 38 min
    Tips for Cross-Border Investing | EP105

    Tips for Cross-Border Investing | EP105

    Transcription:
    Jesse (0s): Welcome to the working capital real estate podcast. My name is Jesper galley. And on this show, we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time

    Jesse (22s): E

    Speaker 1 (24s): Everybody. This is Jennifer galley. You're listening to working capital. I thought today, we'd do a, just ask Jesse. You can always reach out to me directly. If you have any questions related to real estate investing. I did a YouTube video a little while back, and if you're interested in that you can head over to working capital podcast.com. It should be under the video section. It's basically an interview with Chris . Who's a cross border tax specialist, and really wanted to do a conversation about investing from another country.

    So if you've ever wanted to buy real estate or interested in buying real estate in a different country, wanting to get into a little bit of something like tips do's and don'ts when it comes to that. Now I'll focus this a little bit more on Canadians investing in the U S but you could think of it as us investing in Canada, or really, you know, investing in a different country altogether. You know, a lot of these will apply to both. I think the key is that there is some sort of relationship between those countries and, you know, if you're investing the country, you're thinking about investing likely if that is what you're thinking, we'll have some sort of relationship just use Canada in the U S because the treaty, the tax treaties that we have are so robust and it makes investing relatively simple, but there still are a few things that people should look out for.

    And I did also did a post on Instagram, and this is where it kind of fleshed out some of the, the tips. So we'll start with number one here. I think what's so critical when you're doing this is to figure out what your investing strategy is. And by that, I mean, where you're going to invest, what type of assets you're going to invest and what type of strategy you are going to work with those assets. And what I mean by that is the, where is pretty obvious, which geography are you going to invest in?

    If you're investing in the states, are you investing in Florida? Are you investing in California, Texas? The second piece about asset class is, you know, real estate is a diverse industry. There are all kinds of different asset classes. You have everything from self storage to retail, to industrial, multi res, and you know, everything else in between hotels. So getting clear on what type of investment from an asset class perspective is really important because it'll set up a lot of the basis of how you're going to go and where you're going to invest.

    Now, the last one is the real estate strategy itself. Now this is so important because oftentimes the strategy that you're going to have. So whether that is doing flips, whether that is looking at burn investments, where you're doing a rehab, a refinancing, and renting out a lot, a lot of times, those strategies will dictate where you should be investing geographically. So for example, if you're looking at short-term rentals, you know, Miami is probably a great market for that. Something in the Midwest, in a small town, probably not, but conversely, if you're looking at land plays, the inverse of that would be true.

    So the strategy itself is one of those critical aspects of figuring out what you want to do, the strategy you're going to work with those asset classes. And then that will be a function of what geography that you end up investing in. So the next one, you know, back to geography itself, researching the local market. So once you have that market or the general area picked out again, we know re real estate location, location, location, and it's, so hyper-focused, you ca

    • 11 min
    $40 Million in Real Estate And the Benefits of Social Media with Sam Primm | EP104

    $40 Million in Real Estate And the Benefits of Social Media with Sam Primm | EP104

    Sam Primm is a Real Estate Investor, Educator with over 40 million dollar Real Estate using people's money  He started a successful Rental Real Estate company, Wholesale company and he does Flips as well.  In this episode we talked about:
    * Sam’s  Bio & Background
    * The First Investment in Real Estate
    * Using Other People's Money to Buy Real Estate
    * Network Building
    * Private & Institutional Lenders 
    * Capital Structure
    * Interest Rate Risks
    * Journey on Social Media
    * The Process of Property Acquisition 
    * Mentorship, Resources and Lessons Learned Useful links:
    Book “Pitch Anything” by Oren Klaff
    Book “Eat that frog” by Brian Tracy
    https://www.instagram.com/samfasterfreedom/?hl=en
    https://fasterfreedom.com Transciption: Jesse (0s): Welcome to the working capital real estate podcast. My name is Jesper galley. And on this show, we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time. Ladies and gentlemen, my name is Jennifer gala and you're listening to working capital the real estate podcast. My guest today is Sam prim. Sam is a real estate investor educator with over $40 million worth of real estate using other people's money.
     
    He started a successful rental real estate company, a wholesale company, and he does flips as well. We just kind of went over a little bit about his portfolio right now, Sam, how's it going?
     
    Sam (45s): It's going well, man, it's going well, appreciate you having me on.
     
    Jesse (47s): Yeah, thanks so much for coming on. I think one thing we miss here in the intro is just the fact that your social media presence with real estate is pretty pronounced. It's part of the reason that we connected, I saw what you were doing online. And I said, you know, I think that listeners would get a lot of value about you coming on, telling your story, and also talking a little bit about that presence online. So thanks for coming on. Really appreciate it. Why don't we take a couple of steps back as we normally do here and talk a little bit about your background and how you got into real estate, you know, from, you know, where you started and where you're at today.
     
    Sam (1m 23s): Yeah, for sure. So I don't have the most exciting story, like, you know, some guests and some people I know that, you know, came over here or grew up super, super poor and didn't have, you know, much of an upbringing. I had a normal upbringing, you know, my parents were middle-class. My dad was an engineer. My mom was a teacher. My dad worked for the same company for 40 years and retired. That was kinda what I was grown up in. That was kind of how I was raised, you know, save money, save money, save money, invest, and went to college and was kind of planning that path.
     
    But kinda during college, I started a, a house, you know, painting company with my buddy. We started to kind of paint in the summers, painted exteriors of houses and fences and decks, kinda got some entrepreneurial itches and then went to school and finished school and then, you know, graduated and got a job out of school. And he got an engineering degree and we were just doing our own thing. And then we started to connect and talk real estate and we decided to go in and buy one house a year for 10 years was our goal. And just kind of start to just see what real estate can do for us on the side.
     
    And that kind of ballooned into what I'm doing today. I kind of really kind of ventured away from that traditional mindset of work for somebody else, your whole life. I was able to quit my full-time job and go full-time in real estate a few years later and really enjoying now showing other people that you do have an option. You can do the traditional path, but if that's not for you or you can't do that, or whatever, whatever the reason may

    • 37 min

Customer Reviews

5.0 out of 5
21 Ratings

21 Ratings

Trevor Oldham ,

Awesome!

One of my new fav shows!

SS.Sally ,

Great Host, Great Guests and Great Content!

Jesse takes time to connect with very knowledgeable individuals that share so much valuable information. He asks great questions and gives space for guests to articulate and respond without interruption which I really appreciate. Definitely fit these podcasts into your week if you are already into real estate OR if you are new and looking to learn more.

WI Appraiser ,

Great Show!

Simply the best real estate investing podcast!

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