Multifamily Legacy Podcast

Latest Episodes:

200: The Path To Building A Legacy In Multifamily Mar 15, 2022

Show notes

After working in the oil and gas industry for over 15 years, Christy Keeton's powerful and inspiring transition to multifamily investing has been a rewarding experience. Tune in as she discusses her journey and backstory in real estate and how she has benefited from learning, focusing, and being determined to pursue building her life in real estate.

Topics on Today's Episode

Why invest in yourself
The significance of being focused and determined in your goals.
Tips for newbies: When and how to use Loopnet the right way
Off-Market Transactions: Risks and Opportunities
The benefits of an extensive relationship with investors in raising capital and finding deals

Resources/Links mentioned

Meetup
LoopNet.com
Best Ever Apartment Syndication Book by Joe Fairless Audiobook and Hardcover
Rich Dad Poor Dad by Robert Kiyosaki Audiobook and Hardcover

About Christy Keeton

As an Engineering Technician in the oil industry, Christy's expertise was to analyze multi-million dollar acquisitions and build annual budgets. She opened Keeton Realty Investments in 2012 to flip houses. In 2019, focus transferred from single-family to multi-family. In 2021, she sourced and closed over $35 million in Multifamily space. She chose real estate for freedom, to rescue children from trafficking, teach single parents to be financially free, and build a legacy

Connect with Christy Keeton

Website: Keeton Realty Investments

Quotes

"There is such a release that happens when you work and you get to the place of peace." - Christy Keeton
33:36 " Stay focused on your legacy, stay focused on your future, and don't give up. " - Christy Keeton
33:48 "If you don't give up you will see the price." - Christy
34:05 "Success doesn't happen by chance. People go out and take it." -Corey

Don't forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes.

199: Taking Control Of Your Financial Future Mar 08, 2022

Show notes

Mike Deaton and his partner were once caught up in the rat race, attempting to strike a work-life balance. Life presented them with an alternative path, and they chose Multifamily real estate as their guide. Tune in to find out about their incredible journey!

Topics on Today's Episode

Entrepreneurship vs. Investing
Process of passive investing system
Raising money for land business
How to get started in multifamily?
Cultivating relationships to get more exposure

Resources/Links mentioned

Rich Dad Poor Dad by Robert Kiyosaki Audiobook and Hardcover
Investors Tool Kit
Tax-free Wealth by Tom Wheelwright Audiobook and Hardcover
Kahuna Investments
Best Ever Apartment Syndication Book by Joe Fairless Audiobook and Hardcover
Raising Capital For Real Estate by Hunter Thompson Audiobook and Hardcover
Mindset by Carol Dweck Audiobook and Hardcover
Personal Development Tony Robbins
Meditations by Marcus Aurelius Audiobook and Hardcover
A CEO Only Does Three Things by Trey Taylor Audiobook and Hardcover
https://deatonequitypartners.com/freedom

About Mike Deaton

Mike Deaton and his wife, Ligia, escaped corporate life and entered the real estate market together in 2016. They went full-time in 2017, formally launched their real estate investing business, and have incorporated multiple asset classes to combine tremendous cash-flowing financial returns with incredible tax benefits. They are currently active land investors as well as partners in more than 1,176 units of multifamily assets across multiple markets in the US. As real estate entrepreneurs, they love enjoying ultimate lifestyle freedom while delivering on their mission in making significant impacts to both investors and the communities in which they partner with the ultimate goal of returning over one billion dollars in investment returns.

Connect with Mike Deaton

Website: Deaton Equity Partners

Quotes

" I hate the word "fail" because you know it's never a failure. You try something and if it doesn't work, it's "feedback". " - Mike Deaton
" Step forward in your life and look back on it." - Mike Deaton
" A lot of times, success happens not to the stronger or faster man, but to the one who thinks he can." - Corey Peterson

Don't forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes.

198: The Journey From Single-Family To Multifamily Syndication Mar 01, 2022

Show notes

You will undoubtedly succeed if you are willing to pivot from another path. Jeff McKee is here with us to share his inspiring story of the transition from single-family to multifamily syndication and what you should do to excel in this type of real estate asset.

Topics on Today's Episode

Multifamily deals from the Limited Partners' side
The power of partnerships
How to communicate in different syndications?
Benefits of using SyndicationPro
The incredible things to look out for in multifamily syndication

Resources/Links mentioned

About Jeff McKee

Jeff McKee is a General and Limited Partner on 15 Class B and C multi-family apartment communities, 4000+ apartment units/doors with $200M+ Assets Under Management (AUM) across 10 cities/MSAs and 7 states in the South and Southeast of the United States. Out of these 15 syndications, he is a General Partner in 10 of these assets, 2,500+ apartment units, and Key Principal/Guarantor on 4 assets, including Fannie Mae, Freddie Mac non-recourse debt, in less than 18 months with support from mentors, partnering, and networking. Jeff is qualified as an accredited and sophisticated investor.

Connect with Jeff McKee

Website: McKee Capital Group
Email: jeff@mckeecapitalgroup.com

Quotes

"We have more money than time other people may have more time than money." Jeff McKee
"As long as everybody is communicating correctly on what their job is and responsibilities are." Corey Peterson
"That's the gift that keeps giving." Corey Peterson

Don't forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes.

197: How Deals Work: Greenhill Apartments At Radford (Part3 of 3) Feb 22, 2022

Show notes

In this last series of the Radford deal, you'll learn some fascinating facts about how a new investor enters the market and raises capital. Dive into Matt and Tina's work and lessons learned upon closing the deal.

Topics on Today's Episode

An experiment with locating investors
What it's like to face challenges and overcome them
Results of overcoming the objections
The aftermath of the successful raise
Takeaways from the Radford closing deal

Resources/Links mentioned

Kahuna Boardroom
Fanatical Prospecting by Jeb Blount Audiobook & Hardcover
The Road Less Stupid by Keith J. Cunningham Audiobook & Hardcover
A CEO Does Only Three Things By Trey Taylor Audiobook & Hardcover

About Matt Hodkiewicz and Tina Palma

Matt and Tina started investing in real estate in 2015 with the end goal to have a passive income fund their lives. They built a business renovating houses and started by buying a local portfolio of single-family and duplex properties, but in 2019 transitioned to focus on multifamily investing. Their primary businesses are flipping houses and purchasing rental properties. Today, they own 548 doors in 7 states and have new big goals to achieve!

Quotes

" We're never happy with the speed of implementation until we take time to kind of reflect back on where and how we got here. " - Matt Hodkiewicz
"It feels so good to be scared again." - Tina Palma
"The most important part is you've enjoyed the journey. " - Corey Peterson
"Just learn to live in fear." - Corey Peterson

Don't forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes.

196: How Deals Work: Greenhill Apartments At Radford (Part 2 of 3) Feb 15, 2022

Show notes

Have you tried a few different methods to track your finances, but haven't discovered the one that works best for you? Listen to this 2nd part series of the Greenhill Apartments where we talk more about how we faced the challenges encountered, the systems that we use, and the best way to keep track of your finances. Topics on Today's Episode

The biggest hurdle of the Radford deal
Apps and tools utilized when tracking deals
Important tips on how to communicate with investors
Unique features of ActiveCampaign
A creative way to inform investors about the whereabouts of their funds.

Resources/Links mentioned

Quote

"Be always curious to see what works for you." - Corey Peterson

Don't forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes.

195: How Deals Work: Greenhill Apartments at Radford (Part 1 of 3) Feb 08, 2022

Show notes

Every property has flaws, but how you deal with them and flip the tables to your advantage is what matters. Corey tells the account of how he encountered the good, the bad, and the ugly while working on a deal in Radford, Virginia. Tune in to learn more!

Topics on Today's Episode

What should be improved on the property?
Setting up the formation of the deal
Timetable for a standard type of contract
Encountering problems with titles, raising capital, and deals
The benefits of having strong legal counsel and the right team in place

Resources/Links mentioned

Quotes

"Always thank and take care of the people that take care of you." - Corey Peterson

" You just have to share how you operate. " - Corey Peterson

Don't forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes.

194: Dealing With Opportunity Costs Jan 25, 2022

Show notes

If you're confused about how to manage opportunity costs, this is the right one for you. I am going to provide an outline of what will happen in the future and to the economy. This episode will help you understand that every deal has an opportunity cost.

Topics on Today's Episode

What is the Opportunity Cost?
The importance of negotiating deals
Understanding Cap rates
Facing the rise of interest rates
Why you must exercise caution with underwriting pertaining to rates

Resource/Link mentioned

3-Day Intensive Event Kahunaboardroom.com

Quote

" Get better at negotiating the kind of structures and the deals that you want and they'll come to find you." - Corey Peterson

Don't forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes.

193: What You Can Achieve When You Put Your Mind To It Dec 29, 2021

Show notes

In this episode, Corey makes an overview of all of his deals in 2021 and shares what the next year is going to be like for Kahuna Wealth Builders. If you're ready to start your entrepreneurial journey or take your business to the next level, stay tuned 'cause this episode is full of inspiration!

Topics on Today's Episode

One phrase you need to tell yourself
The challenges of running multiple businesses
The importance of having a primary focus
2 things you need to achieve your goals
Why you need to keep looking forward

Resources/Links mentioned

Quote

"We're more powerful when we're flawed." - Corey Peterson

Don't forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes

192: Finding That Great Big Deal! Dec 15, 2021

Show notes

There is no overnight success in the real estate industry. It all boils down to how hard you work, how dedicated you are, and the passion that drives you to move forward. In this episode, Sean Thomson shares the highlights of the journey on closing the very first big deal and all the challenges that come with it.

Topics on Today's Episode

Hard work and persistence in creating the deal machine
Developing the brand strength with one common mission
Confronting your fears to guide you towards success
The importance of building relationships and networking to get financed
Actual details about what went wrong and right in finding the big deal

Resources/Links mentioned

About Sean Thomson

Over the last decade, Sean has been perfecting his processes of scouting, acquiring, and investing in real estate. He loves to find and encourage fellow investors, so he founded Thomson Multi-Family Group to allow interested, accredited, and sophisticated investors to partake in the investment opportunities that he develops throughout the country. Sean's investing success and skills help him in supporting his family, community, and investors through proven real estate investing strategies. Thomson Multi-Family Group is a family business that is dedicated to building wealth for investors so that they can support their families, provide opportunities to their community, and achieve their version of their Next Level American Dream

Connect with Sean

Website: www.thomsonmultifamilygroup.com

Quotes

" Having strong partners, having the capital ready to go, having a team around you that is substantial and connected and does a good job. That's very critical in winning deals. " - Sean Thomson
" Closing is only part of the sequence and then running them is the real journey that makes you the money. " - Corey Peterson

Don't forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes.

191: The People Component Of Real Estate Dec 07, 2021

Show notes

In this episode, Jason Fort talks about how Asset Living's work culture has helped the growth of the company and the importance of being passionate about what you do. Join us today to learn the type of people you need in your company and how to retain your best employees.

Topics on Today's Episode

How to develop an efficient work culture
The key to identifying the right career for you
Why you shouldn't look for money-driven people
What it takes to have a successful career in real estate
The importance of sharing your knowledge with your employees

Resource/Link mentioned

Jocko Podcast

About Jason Fort

Jason Fort is Executive Vice President at Asset Living. He is responsible for leading the Asset Living business development department. In his 17-year Asset Living career, he has been responsible for supervising multiple portfolios of student housing and multi-family properties nationwide and also overseeing our new development lease-up team, along with the training department. Jason's 28 years of experience in student housing and multi-family provides a wealth of knowledge and in-depth, hands-on experience with full-service dormitories and high and mid-rise mixed-use properties, including new developments.

Connect with Jason

Website: www.assetliving.com
Facebook: Asset Living
Instagram: @assetliving
LinkedIn: Asset Living
Twitter: @Asset_Living

Quotes

''The people component is the hardest part of any organization. '' - Corey Peterson
''With our systems, training, and policies, we give any person that works for us an opportunity to succeed. '' - Jason Fort

Don't forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes.

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