Passive Income Through Multifamily Real Estate

Latest Episodes:

Episode #227: Passive Investor to Full Time Real Estate Investor with Kavitha Baratakke (Replay) Jan 31, 2022

Show notes

Kavitha Baratakke, principal at Cherry Street Investments is an Austin- based Accredited Real Estate investor and a full-time MF sponsor with over 10 years of investing experience in single family and multi-family real estate.

She has successfully acquired, rehabbed, managed and operated several single-family and multi-family investment properties in the Central Texas area. She is currently invested in over 1800 doors/units in San Antonio, DFW, Atlanta, and Phoenix MSA as a Limited Partner and over 450 doors as a General Partner and Key principal.

She currently sponsors apartment investments with boots-on-the-ground partnerships in various markets throughout the country including but not limited to DFW, San Antonio, Phoenix, Atlanta and others. Besides being an active investor herself, she is passionate about educating investors on passive investments and helping them on their journey toward financial freedom. She aims to educate her investors on Multifamily, Opportunity zones, and more through her “Purely Passive Investor Group” Facebook group.

When she’s not working on real estate, she’s spending time with her teenage daughter and two puppies – Milo and Oreo, dancing salsa and bachata, cooking up her favorite dish, jumping off a cliff, traveling the world exploring new cultures, countries and food, riding her bike or hiking her favorite trails in the Texas Hill Country.

Connect with Kavitha
kavitha@cherrystreetinvestments.com
www.cherrystreetinvestments.com
Facebook – Purely Passive Investor Group
Garzella Group

Episode #226: The Perfect Investment with Paul Moore (Replay) Jan 24, 2022

Show notes

Paul Moore began his career at Ford Motor Company after earning an MBA from Ohio State. After five years of work at Ford, Paul started a staffing company with a partner. Paul and his partner sold it to a publicly traded firm five years later for $2.9 million.

Along the way, Paul was Finalist for Ernst & Young’s Michigan Entrepreneur of the Year two years straight (1996 & 1997). Paul later entered the real estate sector, where he flipped over 50 homes and 25 high-end waterfront lots, appeared on HGTV’s House Hunters, rehabbed and managed rental properties, built a number of new homes, developed a subdivision, and started two successful online real estate marketing firms.

After helping with three successful developments, including assisting with the development of a Hyatt hotel and a very successful multifamily project, led Paul into the commercial multifamily arena.

Connect with Paul
www.wellingscapital.com
info@wellingscapital.com

Garzella Group

Episode #225: Multifamily Over the Stock Market with Sandhya Seshadri (Replay) Jan 17, 2022

Show notes

Joining us on the show today is Sandhya Seshadri, founder and CEO of Texas Twilight Investments/Multifamily 4 You. Sandhya is currently a general partner and key principal in 476 doors and a passive investor in over 2500 others. She intended to remain mostly passive for the stress-free cash flow but has one or two assets which she actively manages to qualify as a full-time real estate professional, thereby making the most of certain tax benefits.
Sandhya is a firm believer that most wealthy people are in some way involved in real estate, so after building her wealth from the stock market, she immersed herself in passively investing in multifamily and later signed up for a mentorship program that has tremendously accelerated her growth. In this episode, Sandhya speaks to Kyle and Lalita about her technical and business background before entering the real estate space and why she eventually decided to transition into a new role that would allow for more time at home. She shares her reasons for exchanging the stock market for multifamily investing, the criteria for qualifying for a real estate professional designation, and offers her thoughts on diversification, property management, and the importance of vetting your sponsors.

Key Points From This Episode:

Why, when Sandhya is primarily a passive investor, she still actively manages a few assets.
Find out where she was educated as an electrical engineer and later received her MBA.
The circumstances that resulted in her being home and investing in the stock market.
Why she decided to switch from investing in stocks to investing in multifamily.
The tax benefits of being a real estate professional and the contribution of the new tax laws.
The vulnerability of the stock market compared to the steady cash flow produced by rentals.
What you need to qualify for a real estate professional status (REPS) designation.
Investing passively in other people’s deals and her making a point of visiting these properties.
Sandhya’s thoughts on diversification and having most of her portfolios in Texas.
Her rule of thumb for the size of units she invests in.
Preferring a hands-off approach to property management and how that affects her property choices.
Aspects to consider when investing passively, including vetting the sponsorship team.

Tweetables:

“Every rich person I had ever met had something to do with real estate.” — Sandhya Seshadri [0:03:35]

“I want to have time for my family and I want to make money while I sleep. The easiest way to do that is passive income through real estate.” — Sandhya Seshadri [0:09:55]

Links Mentioned in Today’s Episode:

Sandhya Seshadri on LinkedIn

Multifamily 4 You

Southern Methodist University

Wayne Patton

Calendly

Passive Income Through Multifamily Real Estate Facebook Group

Free Call with Kyle or Lalita
Garzella Group

Episode #224: From Active to Passive Investing with Bob Trapnell (Replay) Jan 10, 2022

Show notes

Bob Trapnell is a true So Cal resident having been born and raised in the area. He attended UCLA and ventured into real estate in 1991. For 17 years he specialized in doing loans- mostly as an in-house lender sitting at a desk in the Fred Sands Realty and Keller Williams offices. During the loan career in the 90s he jumped into buying apartments. 1994 was his first purchase of a 6 unit building. Having no more funds, he researched how to do syndications. January 1995 was the start of numerous other properties that were then purchased with his partners and other investors. Bob attributes many of his purchases to the loan background and being able to think out of the box and use creative financing to attain the deals.

Bob and his partners sold all the properties in 2005 and 2006 as the market had seemed to reach its maturation point. Watching carefully in the downturn for new opportunities to get back into the market, 2009 he started buying via the syndications and has now completed the purchase of 10 properties totaling 236 units. Two of them have been sold and investors reaped some nice returns from the properties (24 and 33% annualized returns, respectively).

Connect with Bob
bobtrap@gmail.com
Garzella Group

Episode #223: The Land Guy with Jack Bosch (Replay) Jan 03, 2022

Show notes

Jack Bosch has bought and sold lots and unimproved land since 2002. It only took him 18 months to go from Zero to $1M. Since 2008, he has also been educating those who either find houses too challenging or are unsatisfied with the competition and teaching them how to make more money from simple land and lot flips. Additionally, he has figured out a way to make land cash flow massively and consistently with checks coming in for years and even decades.

Jack is also a #1 bestselling author of the financial literacy book, Forever Cash.

Connect with Jack
www.landprofitgenerator.com
Facebook Group – Land Profit Generator Real Estate Investing
Podcast – Forever Cash Life Real Estate Podcast
Garzella Group

Episode #222: Underwriting & Asset Management with Anna Myers (Replay) Dec 27, 2021

Show notes

Anna Myers serves as Vice President at Grocapitus, a commercial real estate investment company in the San Francisco Bay Area. Anna is a third-generation commercial real estate entrepreneur who applies her 25+ years of experience in technology and business to finding, analyzing, acquiring and asset managing commercial properties in key markets across the U.S. Together with her business partner Neal Bawa, they approach real estate through a data science lens to create compelling profits for 1000+ investors.

As the lead underwriter for the company, Anna teaches deal analysis for MultifamilyU in quarterly Boot Camps. MultifamilyU is an apartment investing education company owned by the principal Neal Bawa. Also via MultifamilyU, Anna hosts weekly webinar events featuring top speakers in real estate. Anna is regularly interviewed on podcasts in the industry, with over 25 podcast appearances so far in 2019. Anna Myers also co-hosts two monthly Real Estate Investor Meetups in the Bay Area with over 1000 members.

Related to Syndication with Grocapitus, Anna and Neal have successfully completed Equity Raises of 25 Million dollars for Multifamily Acquisitions in the last 12 months, resulting in over 1300 units purchased. They are on track to close another 1300 in the next 12 months. As the asset manager for the Grocapitus portfolio, Anna again brings the data driven approach to track and insert optimizations to the properties to help drive property performance and investor returns.

Connect with Anna
www.multifamilyu.com
www.grocapitus.com

Episode #221: Strategic Partnerships to Scale your Multifamily Business with Powell Chee (Replay) Dec 20, 2021

Show notes

Powell Chee bought his first Single Family Rental in Kansas City by using his Credit Cards to pay All Cash. His next purchase was a 40-Unit Multifamily property in Indianapolis, and Powell has been asset managing and improving this property while living and working in Los Angeles, California.

Powell also hosts one of the largest multifamily meetup groups in Los Angeles - "MultifamilyMasters.com" - and he's going to share how building this network has improved his fund-raising capabilities and created new opportunities.

Connect with Powell
powell.chee@gmail.com

Episode #220: How to Establish Business Credit with Stephen Wible (Replay) Dec 13, 2021

Show notes

Stephen Wible is a Marine Corps veteran with a deep background in real estate sales, flipping and property management, print manufacturing, building and obtaining business credit. He has founded and led multiple successful companies and has had as many as 300+ rental properties in his portfolio.

Stephen is a public speaker, author of “Business Credit – The Complete Step – By-Step Guide”, trainer, and avid learner. He passionately combines his high energy and business credit knowledge and is a recognized expert in the field. He provides impactful insight into building business credit and obtaining loans for business - teaching and presenting to thousands.

He is the Director of Business Development for Credit Suite, Inc. – The recognized leader in teaching business owners how to “Build Business Credit” that is NOT tied to your social security number.

Connect with Stephen
www.creditsuite.com
stephen@creditsuite.com

Episode #219: Using Data to Become an Elite Investor with Neal Bawa (Replay) Dec 06, 2021

Show notes

Neal Bawa is the CEO and Founder of Grocapitus and MultifamilyU, Neal leads the company and is driving the syndication and acquisition of multifamily properties.

• Owns and manages a real estate single-family and multifamily portfolio in 8 US States
• Speaks at Multifamily events, IRA events & meetups across the country
• Over 3,000 students attend his multifamily seminar series each year
• Hundreds attend his Multifamily boot camps annually
• Co-founder of the largest Multifamily Meetup in the U.S. (BAMF), with 4000+ members
His past experience includes 17 years of revenue (P&L) experience as the senior-most executive in a California education company with over 350 employees and $40MM in revenue. Neal is a backyard tomato farmer and a protein diet health nut. He believes in positivity and Karma, is passionate about cricket and about the enormous potential of self-driving electric vehicles to solve the global climate crisis.

Connect with Neal
www.multifamilyu.com
Facebook – Neal Bawa

Episode #218: Networking & Diversification as a Passive Investor with Jeremy Roll (Replay) Nov 29, 2021

Show notes

Jeremy Roll started investing in real estate and businesses in 2002 and left the corporate world in 2007 to become a full-time passive cash flow investor. He is currently an investor in more than 70 opportunities across more than $1 Billion worth of real estate and business assets. As Founder and President of Roll Investment Group, Jeremy manages a group of over 1,000 investors who seek passive/managed cash-flowing investments in real estate and businesses. Jeremy is also the co-Founder of For Investors By Investors (FIBI), a non-profit organization that was launched in 2007 with the goal of facilitating networking and learning among real estate investors in a strict no sales pitch environment. FIBI is now the largest group of public real estate investor meetings in California with over 27,000 members. Jeremy has an MBA from The Wharton School, is a licensed California Real Estate Broker (for investing purposes only), and is an Advisor for Realty Mogul, the largest real estate crowdfunding website in the US. Jeremy welcomes e-mails (jroll@rollinvestments.com) to network with or help other investors and to discuss real estate or business investments of any size.
Connect with Jeremy
jroll@rollinvestments.com
LinkedIn – Jeremy Roll

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