PassivePockets: The Passive Real Estate Investing Show

Latest Episodes:

182: Captain Hoff on the Explosive Growth of AI, Startups, and Venture Capital Aug 18, 2024

Show notes

In this episode, we dive deep into the world of AI, startups, and venture capital with none other than Steven Hoffman, also known as Captain Hoff. As the CEO of Founders Space and a veteran of Silicon Valley, Steve shares his insights on the future of AI, how to navigate the startup ecosystem, and the best strategies for investing in the next big thing. Whether you're an investor, entrepreneur, or just curious about the future, this episode is packed with valuable insights you won't want to miss!

About Steve Hoffman

Steve Hoffman, known as Captain Hoff, is the Chairman & CEO of Founders Space, a global venture builder with over 50 partners in 22 countries. A seasoned entrepreneur and venture investor, Hoffman has founded multiple startups, authored several award-winning books, and played a pivotal role in the Producers Guild of America and the Academy of Television's Interactive Media Group. He pioneered interactive television with Spiderdance and led mobile game development at Infospace. Hoffman's Founders Space is recognized as a top startup hub, where he has trained hundreds of founders and consulted for major corporations worldwide. He holds degrees in computer engineering and film and television, and while based in California, he frequently travels globally to engage with startups and innovators.

Here are some power takeaways from today’s conversation:

02:05 His background

03:24 Start-up terminology

05:37 The ultimate goal

07:04 Success rate of the startup companies

08:46 Who qualifies?

16:55 AGI

21:04 Will AI take over the world in the future?

27:42 What AI startups are worth investing in?

31:23 How the smaller AI startups can stay ahead of the big guys

33:45 Finding the right start up companies to invest in

37:27 How investors can find venture funds

39:07 How does blockchain interact with AI?

40:45 Podcast recommendations

This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.

Resources Mentioned:

Podcast Recommendations:
Business Wars Podcast- https://wondery.com/shows/business-wars/
Founder's Space Podcast- https://www.foundersspace.com/podcast/

Resources Mentioned:

Contact the guest:
Social Media
LinkedIn
https://www.linkedin.com/in/foundersspace/
Facebook
https://www.facebook.com/groups/foundersspace

Advertising Partners:

Vyzer:
https://vyzer.co/

Left Field Investors:
https://www.leftfieldinvestors.com/

Tribevest:
https://www.tribevest.com/

Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suh
https://www.leftfieldinvestors.com/books/

181: Bonus Episode - Syndication Secrets: Empowering Investors with Russell Gray REPLAY Aug 11, 2024

Show notes

Join us for a replay of this insightful episode as we sit down with Russell Gray, financial strategist and co-host of The Real Estate Guys Radio Show. Russell shares his journey from real estate to syndications, offers invaluable lessons from economic history, and provides strategies for navigating today's financial landscape. Whether you're a seasoned investor or just starting out, this episode is packed with actionable advice to help you achieve financial freedom. Don't miss out on this wealth of knowledge!

About Russell Gray

Co-Host of The Real Estate Guys Radio Show; co-Founder of the Syndication Mentoring Club; founder of the Main Street Investor Mentoring Club; partner with Ken McElroy, George Gammon, Jason Hartman, and Robert Helms in the Collective Inner Circle Master Mind; co-author Equity Happens; regular contributor to Mike Maloney's Gold Silver Show; financial and business strategist; champion of American liberty.

Here are some power takeaways from today’s conversation:

01:38 His real estate journey

14:38 The great reset

39:06 Should you focus on income rather than appreciation?

47:02 Advice to LPs to analyze deals and buy the correct one instead of the hyped deal

53:51 Podcast recommendation

56:00 Contact Russell

56:33 Thank you

Resources Mentioned:

LinkedIn
https://www.linkedin.com/in/russellwgray/

Podcast Recommendations:

The Woj Pod: https://podcasts.apple.com/us/podcast/nuggets-coach-michael-malone/id1470466331?i=1000600562916
The Rebel Capitalist Show: https://podcasts.apple.com/mt/podcast/the-rebel-capitalist-show/id1492584441
Ken McElroy Real Estate Strategies: https://podcasts.apple.com/us/podcast/ken-mcelroy-real-estate-strategies/id1465180254

Advertising Partners:

Left Field Investors:
https://www.leftfieldinvestors.com/

Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suh
https://www.leftfieldinvestors.com/books/

180: Navigating Real Estate in 2024: Strategies and Insights with Big Mike Aug 04, 2024

Show notes

Join us on the Passive Investing from Left Field podcast as we dive deep into the world of real estate investing with our special guest, Mike Zlotnik, also known as Big Mike. In this episode, we explore the current distressed real estate market, strategies for passive investors, and how to navigate the challenges of today's high-interest environment. Don't miss Big Mike's valuable insights and advice for making smart investment decisions in 2024!

About Mike Zlotnik

Mike, the current CEO of TF Management Group LLC, has been a real estate fund manager since 2009. A retired software executive, he began investing in real estate in 2000 and now manages various real estate funds, including multiple growth and income-focused funds. Known as "Big Mike" in real estate circles due to his stature, he is more renowned for his personal integrity and keen understanding of the financial aspects of successful real estate investing. A former political refugee from the USSR, Mike is now an American citizen and a patriot, residing in Brooklyn, NY, with his wife and four children. He holds a Bachelor’s degree in Mathematics from Binghamton University and is an active member of several real estate and investor mastermind groups such as Collective Genius, Freedom Founders, Venture Alliance, and CA Investors (Private). Mike is also the author of "How to Choose a Smart Real Estate Investment Fund," available on Amazon, and hosts the "Big Mike Fund" podcast, accessible at BigMikeFund.com or on iTunes.

Here are some power takeaways from today’s conversation:

02:05 His background

05:59 What he uses from the past to invest today

10:10 When to invest?

16:47 His investment cycle process

23:04 Conversion asset class

26:38 Advice to LP investors

34:54 Podcast Recommendation
36:00 Contact Mike

Podcast Recommendations:
Freedom Founders David Phelps - https://www.freedomfounders.com/

Resources Mentioned:

Contact the guest:
Social Media
Join his fund: https://bigmikefund.com/
LinkedIn /mzlotnik
YouTube @tfmanagementgroupllc123
Facebook zlotnikm

Advertising Partners:

Midloch:
https://midloch.com/

Left Field Investors:
https://www.leftfieldinvestors.com/

Rust Belt Capital
https://rustbeltcapital.com/

Tribevest:
https://www.tribevest.com/

Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suh
https://www.leftfieldinvestors.com/books/

179: Life by Design: Real Estate Investing with Good Egg's Annie Dickerson Jul 28, 2024

Show notes

Join us as we sit down with real estate expert Annie Dickerson, co-founder of Good Egg Investments, to discuss the transformative power of passive income and life by design. Annie shares her journey from teaching to mastering real estate syndications, offering invaluable insights on empowering women in investing, effective communication with investors, and the importance of thorough due diligence. Don't miss this inspiring conversation!

About Annie Dickerson

Annie Dickerson, a real estate investing expert with over a decade of experience, has garnered acclaim as the Real Estate Investor of the Year by the Motley Fool. Alongside her partner Julie Lam, she co-founded Goodegg Investments, recognized as the Best Real Estate Syndication Company in North America by Build Magazine. Their firm has facilitated over $1.4 billion in commercial real estate investments, impacting countless investors nationwide. Annie and Julie are renowned authors, hosts of the Life & Money Show podcast, and architects of the esteemed Real Estate Accelerator mentorship program, guiding individuals in raising private capital for their real estate ventures.

Here are some power takeaways from today’s conversation:

01;45 Her journey

07:41 Is she active or passive?

14:38 Life by Design

17:27 Good Egg Investments

19:28 Barriers when starting a real estate journey

30:24 Good Egg- Vetting and operating

34:00 The current market
38:38 Capital calls

45:10 Podcast recommendations

46:42 Contact Annie

Podcast Recommendations:
Arm Chair expert with Dax Shephard: https://armchairexpertpod.com/

Resources Mentioned:

Contact the guest:
Social Media
Special Audience Giveaway:
Passive Real Estate Investing 101 - http://passiveinvesting101.com/
YouTube https://www.youtube.com/c/GoodeggInvestments
Facebook https://www.facebook.com/goodegginvestments
Instagram https://www.instagram.com/goodegginvestments
Podcast: Life and Money Podcast: https://podcasts.apple.com/us/podcast/life-and-money-show/id1493486187

Advertising Partners:

Midloch:
https://midloch.com/

Left Field Investors:
https://www.leftfieldinvestors.com/

Rust Belt Capital
https://rustbeltcapital.com/

Tribevest:
https://www.tribevest.com/

Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suh
https://www.leftfieldinvestors.com/books/

178: From High Risk Distressed Debt to the SAFE Method in Self-Storage: Tom Dunkel’s Evolution Jul 21, 2024

Show notes

In this episode of Passive Investing from Left Field, I sit down with Tom Dunkel from Belrose Storage Group. We dive into his fascinating journey from the aerospace industry to mastering self-storage investments. Tom shares his insights on the SAFE method for passive investing, the impact of the pandemic on the self-storage sector, and his strategies for achieving long-term financial stability. Whether you’re an aspiring real estate investor or a seasoned pro, this episode is packed with valuable advice and inspiration. Tune in now!

About Tom Dunkel

Tom, the managing director of Belrose Storage Group, has a background in corporate finance and nearly 30 years of real estate and investment experience. He manages the firm's financial underwriting, playing a critical role in creating win-win deal structures that ensure achievable investor returns. Since 2006, Tom has specialized in discounted asset opportunities nationwide. His financial savvy, open communicative manner, and integrity have helped alternative investors achieve their wealth-building goals.

Here are some power takeaways from today’s conversation:

01:37 his background

09:07 Benefits of commercial real estate vs others

14:22 The self-storage market

17:13 The S.A.F.E. Method

26:18 How LPs can avoid mistakes

31:24 Where they are located

33:30 Podcast Recommendation
34:22 Contact Tom

Podcast Recommendations:
Cashflow connections: https://cashflowconnections.com/podcast/

Resources Mentioned:

Contact the guest:
Social Media
LinkedIn https://www.linkedin.com/in/tomdunkel/
Facebook https://www.facebook.com/tom.dunkel

Advertising Partners:

Midloch:
https://midloch.com/

Vyzer:
https://vyzer.co/

Left Field Investors:
https://www.leftfieldinvestors.com/

Rust Belt Capital
https://rustbeltcapital.com/

Tribevest:
https://www.tribevest.com/

Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suh
https://www.leftfieldinvestors.com/books/

177: Green Coffee Company: Revolutionizing the Coffee Industry with Adam Jason Jul 14, 2024

Show notes

Join us on Passive Investing from Left Field as we chat with Adam Jason, the entrepreneurial force behind Green Coffee Company. Discover how Adam transitioned from a corporate lawyer to a coffee industry innovator in Colombia, turning coffee byproducts into profitable ventures and aiming for a 5x return on investments. Don't miss this insightful episode on sustainable coffee practices, the challenges of operating in Latin America, and the future of the coffee industry. Subscribe and hit the bell icon to stay updated!

About Adam Jason

Adam Jason is a Partner of Legacy Group. Before joining Legacy Group, Adam worked for two international law firms, Jones Day and Vinson & Elkins, where he advised leading Fortune 500 companies and investment banks in the areas of corporate finance, corporate governance, securities regulation and international business transactions, and represented them in public and private debt and equity offerings exceeding an aggregate of $10 billion.

Here are some power takeaways from today’s conversation:

01:42 His journey

06:07 How they vary from the norm in their industry

08:36 What have they done differently than big companies that helped them succeed?

12:00 Operating in Latin America as a US-based company

14:07 Small farm scaling up

15:31 Weathering inflation

18:27 Mistakes passive investors make in their asset class
21:27 Coffee is a recession-free product

22:42 Underwriting his deals

26:05 Biggest risk with this asset class

28:55 Where is the product located?

32:10 Podcast Recommendations

33:08 Contact Adam

Podcast Recommendations:
All in Podcast: https://www.allinpodcast.co/

Resources Mentioned:

Contact the guest:
Social Media
LinkedIn: https://www.linkedin.com/in/adam-jason-98a22612/
YouTube: https://www.youtube.com/@legacygroup9109/featured
Green Coffee Company Products only available in the US: https://www.greencoffeecompany.com/

Advertising Partners:

Midloch:
https://midloch.com/

Vyzer:
https://vyzer.co/

Left Field Investors:
https://www.leftfieldinvestors.com/

Rust Belt Capital
https://rustbeltcapital.com/

Tribevest:
https://www.tribevest.com/

Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suh
https://www.leftfieldinvestors.com/books/

176: Build Wealth Through Owning a Franchise: Advice from Kim Daly Jul 07, 2024

Show notes

Join us in this episode of Passive Investing from Left Field as we sit down with franchise expert Kim Daly. Kim shares her incredible journey from answering a classified ad to becoming one of the top franchise consultants in the industry. Discover how franchising can be a powerful tool for building wealth and achieving financial freedom. Whether you're a seasoned investor or just starting out, Kim's insights on selecting the right franchise and managing it effectively are invaluable. Tune in and learn how to make franchising work for you!

About Kim Daly

For more than 20 years, Kim Daly has been helping people realize their dreams of business ownership through franchising all the while living her own dreams through her franchise. Today, she is recognized as one of
America’s top franchise consultants having created nearly 1000 franchise owners. She is an international best-selling co-author of Franchising Freedom and the founder and host of KimDaly.tv and Create Wealth through Franchising Podcast. Kim created the “The Daly Plan” – a millionaire mindset coaching program that she used herself to build the largest franchise consulting business in the history of franchise consulting in 2012. She is a mom of two teenage boys. She is passionate about fitness and nutrition. She loves to workout and ski, and she lives on the beach in southern New Hampshire.

Here are some power takeaways from today’s conversation:

02:04 Her journey to franchising

03:11 How has franchising changed over the last 20 years

04:41 A "want based" business

06:45 Why do LPs like franchising?

09:56 Typical rate of failure with franchises

13:06 Common characteristics of a successful franchise

14:23 How to vet a franchise?
20:38 Deciding on an industry to franchise

24:56 Passive franchise opportunities

28:30 new franchise opportunities

32:19 Do the interest rates affect franchises?

36:20 What is the exit of a franchise?

41:24 Podcast Recommendation

42:44 Contact Kim

Podcast Recommendations:
Money Ripples Podcast: https://moneyripples.com/podcast/
Wealth without Wall Street: https://www.wealthwithoutwallstreet.com/
Mind Valley App: https://www.mindvalley.com/apps

Resources Mentioned:

Contact the guest:
LinkedIn: https://www.linkedin.com/in/dalykim/
Instagram: https://www.instagram.com/thedalycoach/
Kim's Podcast: https://www.thedaily.coach/

Advertising Partners:

Vyzer:
https://vyzer.co/

Left Field Investors:
https://www.leftfieldinvestors.com/

Rust Belt Capital
https://rustbeltcapital.com/

Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suh
https://www.leftfieldinvestors.com/books/

175: How to Succeed in Today's Investment Landscape with Whitney Elkins-Hutten Jun 30, 2024

Show notes

Join us on the Passive Investing from Left Field podcast as we welcome back Whitney Elkins-Hutten, the Director of Investor Education at PassiveInvesting.com and author of 'Money for Tomorrow'. In this episode, Whitney shares her insights on creating, keeping, and growing wealth, with a focus on multifamily investments, preferred equity, and debt funds. Don't miss out on her valuable advice for both new and seasoned investors. Subscribe now and learn how to secure your financial future!

About
Whitney Elkins-Hutten

Whitney Elkins-Hutten is the Director of Investor Education at PassiveInvesting.com, Founder of AshWealth.com, author of Money for Tomorrow: How to Build and Protect Generational Wealth published with BiggerPockets, co-author of the international #1 bestseller Resilient Women in Life and Business, host of the Passive Investing Made Simple YouTube show and podcasts, and a partner in $800MM+ in real estate — including over 6500+ residential units, 15 express car washes, and more than 2200+ self-storage units across 11 states—and experience flipping over $5MM in residential real estate.

Here are some power takeaways from today’s conversation:

03:19 Book released

08:45 Passive vs. active investing

15:05 What asset classes are doing well?

17:34 Preferred Equity

29:05 Mistakes LPs are making

32:38 Podcast recommendations

33:53 Contact

Podcast Recommendations:
The Mind Pump Podcast: https://mindpumppodcast.com/

Resources Mentioned:

Contact the guest:
LinkedIn: https://www.linkedin.com/in/whitneyelkinshutten/
Facebook: https://www.facebook.com/WhitneyHuttenInvesting

Advertising Partners:

Vyzer:
https://vyzer.co/

Left Field Investors:
https://www.leftfieldinvestors.com/

Rust Belt Capital
https://rustbeltcapital.com/

Tribevest:
https://www.tribevest.com/

Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suh
https://www.leftfieldinvestors.com/books/

174: Critical Aspects of Limited Partnerships for Smarter Passive Investing with Aleksey Chernobelskiy Jun 23, 2024

Show notes

Welcome to the Passive Investing from Left Field podcast! In this episode, we're thrilled to have Aleksey Chernobelskiy, an expert in advising limited partners on real estate investments. Aleksey shares invaluable insights on navigating syndication deals, avoiding common mistakes, and the importance of being an active LP. Whether you're a seasoned investor or just getting started, this episode is packed with essential advice to help you succeed in the world of passive investing. Don't miss out – tune in now

About Aleksey Chernobelskiy

Aleksey Chernobelskiy advises limited partners (LPs) on existing and future investments, writing weekly to 3,000 investors at LPlessons.substack.com to explain how to properly vet and consider LP investments within their portfolios. He also assists General Partners with LP-related matters such as capital calls and feedback on investment decks. Before advising LPs, Aleksey managed STORE Capital’s $10 billion commercial real estate portfolio and oversaw the firm’s underwriting team. He graduated from the University of Arizona with a quadruple major in Finance, Mathematics, Economics, and Accounting.

Here are some power takeaways from today’s conversation:

02:27 His background

05:32 His three key fundamentals

10:46 Pros and cons of perpetual holds

20:46 The difference between the return on vs of capital structures

26:19 How LPs can set expectations ahead of time

35:42 Podcast Recommendation

36:47 Contact Guest

Podcast Recommendations:
The Aquired Podcast: https://www.acquired.fm/
The Founders Podcast: https://www.founderspodcast.com/

Resources Mentioned:

Contact the guest:
LinkedIn http://www.linkedin.com/in/chernobelskiy

Advertising Partners:

Vyzer:
https://vyzer.co/

Midloch:
https://midloch.com/

Left Field Investors:
https://www.leftfieldinvestors.com/

Rust Belt Capital
https://rustbeltcapital.com/

Tribevest:
https://www.tribevest.com/

Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suh
https://www.leftfieldinvestors.com/books/

173: The Ins and Outs of Ground-Up Development with Andrew Brewer Jun 16, 2024

Show notes

Join host Jim Pfeifer and real estate developer Andrew Brewer as they explore the intricate world of real estate development. Discover the crucial steps, potential risks, and expert strategies for successful property development. Whether you're a seasoned investor or new to the field, this episode offers invaluable insights to help you navigate your investment journey with confidence. Tune in to learn how to assess projects, select the right partners, and manage development risks effectively.

About Andrew Brewer

Andrew is the Founder and Managing Partner of IronGall Investments, a real estate development firm based in Austin, and Distance 3 Development, a real estate investment firm based in San Antonio.
As a developer and project sponsor Andrew has helped hundreds of busy professionals achieve time and financial freedom through passive real estate investments in markets across the US.
He has experience in apartments, townhomes, single family home subdivisions, mobile home parks, RV parks, and office warehouse spaces. The value of projects sponsored by Irongall Investments and Distance 3 Development has a combined market value of hundreds of millions of dollars.
Too often, we've seen working professionals miss far too many school plays and soccer games, and we've also seen individuals too busy to pursue their passion projects. Andrew wants to help as many people as possible to take control of their time and accumulate wealth through real estate so they won't have to miss any more significant occasions.
Andrew has a varied background in real estate and has participated in projects as an owner, developer, operator, engineer, and consultant.
As an operations engineer, Andrew implemented comprehensive building turnarounds of underperforming assets, resulting in enhanced operations, cheaper maintenance costs, and better resident experiences.

Here are some power takeaways from today’s conversation:

02:07 His background

05:25 What projects he has right now

10:39 How to vet an operator?

20:26 Questions for the deal

26:31 How the returns are structured

31:52 How the phases work

34:39 Podcast recommendations
34:57 contact

Podcast Recommendations:
Best Ever Podcast: https://www.bestevercre.com/podcast
Bigger Pockets: https://www.biggerpockets.com/

Resources Mentioned:

Contact the guest:
LinkedIn
https://www.linkedin.com/in/andrew-brewer-irongall-investments/

Advertising Partners:

Vyzer:
https://vyzer.co/

Left Field Investors:
https://www.leftfieldinvestors.com/

Rust Belt Capital
https://rustbeltcapital.com/

Tribevest:
https://www.tribevest.com/

Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suh
https://www.leftfieldinvestors.com/books/

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