The Best Ever CRE Show

Latest Episodes:

JF3080: 10 Questions to Ask Before Investing in a Deal | Passive Investor Tips ft. Travis Watts Feb 09, 2023

Show notes

Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor.

In this episode, Travis outlines the top questions investors should ask themselves and the operator of a deal before making an investment in a real estate private placement or syndication.

10 Questions to Ask Before Investing in a Deal

Ask yourself: Does this particular investment align with my goals and objectives?
What is your track record? Show me your past performance.
Is this particular deal or property located in a growing and diversified market?
Is this particular property located in a tax-free state?
What kind of debt are you putting on the property?
What is the minimum investment?
When is the first distribution, and what is the frequency of distributions?
Do you do monthly or quarterly reporting?
Does this particular deal or investment offer a preferred return?
Ask about the K-1 tax forms that are generated.

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JF3079: Multifamily Development & Redevelopment in Upstate NY ft. Brian Green Feb 08, 2023

Show notes

Brian Green is the owner/operator at Green Springs Capital Group, which develops and redevelops multifamily properties. In this episode, Brian discusses starting his own property management company, how his value-add projects quickly led to development & redevelopment, and why he focuses on projects in Upstate New York.

Brian Green | Real Estate Background

Owner/operator at Green Springs Capital Group, which develops and redevelops multifamily properties.
Portfolio:
- 110 units, including five short-term rental units
Based in: Saratoga Springs, NY

Say hi to him at:

- greenspringscapitalgroup.com

- Instagram

Best Ever Book: Principles by Ray Dalio

Greatest Lesson: Self-management = building a company.

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JF3078: Achieving Affordable Construction & Housing ft. Mike Kaeding Feb 07, 2023

Show notes

Mike Kaeding is the CEO of Norhart, which is committed to solving America’s housing shortage and affordability crisis. In this episode, Mike shares how Norhart plans to strategically drive down the cost of housing on a national level, his advice for bringing trades and expertise in-house, and the importance of building the right company culture.

Mike Kaeding | Real Estate Background

CEO of Norhart, which is committed to solving America’s housing shortage and affordability crisis.
Portfolio:
- 12 properties in MN totaling 800+ units, all built by Norhart
Based in: Forest Lake, MN

Say hi to him at:

- norhart.com

- Facebook

- Instagram

- LinkedIn

- Twitter

Best Ever Book: No Rules Rules by Reed Hastings

Greatest Lesson: Hire the best people.

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JF3077: What You Should Know Before Launching a Fund ft. Matthew Burk Feb 06, 2023

Show notes

Matthew Burk is the CEO of two companies: Fairway America, a CRE investment fund manager; and Verivest, a CRE software, advisory, and service provider. In this episode, Matthew tells us the biggest mistakes he sees investors make when setting up a fund, how Verivest is working to automate the fund setup process, and why he plans to focus heavily on asset management in 2023.

Matthew Burk | Real Estate Background

CEO of Fairway America, a CRE investment fund manager.
CEO of Verivest, a CRE software, advisory, and service provider.
Portfolio:
- $1B in CRE assets across multiple asset classes
Based in: Portland, OR

Say hi to him at:

- fairwayamerica.com

- verivest.com
- LinkedIn

Best Ever Book: Let's Get Real or Let's Not Play by Randy Illig

Greatest Lesson: What you do when no one is looking defines who you are.

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FREE eBook: The Ultimate Guide to Multifamily Deals & Investing

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JF3076: Off-Market Lead Generation Strategies ft. Edwin Byler Feb 05, 2023

Show notes

Edwin Byler is a broker and investor at KW Commercial, where he finds off-market deals and either buys or brokers them. In this episode, Edwin discusses how he is currently generating off-market leads, the number of cold calls it typically takes him to land a deal, and why he believes that timing is more important than continual follow-up.

Edwin Byler | Real Estate Background

Broker and investor at KW Commercial, where he finds off-market deals and either buys or brokers them.
Portfolio:
- 60 units and 20,000 sq. ft. of commercial MX space
Based in: Winston-Salem, NC

Say hi to him at:

- Facebook

- Instagram

Best Ever Book: Relentless by Tim S. Grover

Greatest Lesson: Learn to become someone that is successful in every industry.

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FREE eBook: The Ultimate Guide to Multifamily Deals & Investing

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JF3075: Investing in Triple-Net Leased Industrial CRE ft. Neil Wahlgren Feb 04, 2023

Show notes

Neil Wahlgren is a partner at MAG Capital Partners, which focuses on triple-net leased industrial properties, lease structures, and tenants. In this episode, Neil shares his insights on investing in triple-net leased industrial properties, how a multifamily syndicator can pivot into this asset class, and what to look for when qualifying single tenants.

Neil Wahlgren | Real Estate Background

Partner at MAG Capital Partners, which focuses on triple-net leased industrial properties, lease structures, and tenants.
Portfolio:
- Industrial triple-net leased real estate
- Short-term rentals
- Multifamily syndications
Based in: San Francisco, CA

Say hi to him at:

- magcp.com

- LinkedIn

Best Ever Book: Why We Sleep by Matthew Walker

Greatest Lesson: Communicate your mistakes with the same level of transparency as your successes.

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FREE eBook: The Ultimate Guide to Multifamily Deals & Investing

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JF3074: Note Investing for Cash Flow & Stability ft. Fred Moskowitz Feb 03, 2023

Show notes

Fred Moskowitz is a fund manager and investor who buys and manages residential mortgage notes. In this episode, Fred tells us about how he buys notes on the secondary market and the profitability of this business strategy and investment vehicle.

Fred Moskowitz | Real Estate Background

Fund manager and investor who buys and manages residential mortgage notes.
Author, speaker, advisor, and trainer on various topics related to entrepreneurship and investing.
Portfolio:
- 450 doors
- GP in a mortgage note fund
- LP in multifamily syndications
Based in: Philadelphia, PA

Say hi to him at:

- fredmoskowitz.com

Best Ever Book: Think and Grow Rich by Napoleon Hill

Greatest Lesson: It can take the same amount of time, effort, and expense to do a small deal as it does to do a much larger deal. Because of that, your ROI will be much better on larger deals.

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FREE eBook: The Ultimate Guide to Multifamily Deals & Investing

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JF3073: The Psychology of Money | Passive Investor Tips ft. Travis Watts Feb 02, 2023

Show notes

In this episode, Travis discusses how to change the way you think about money and use it as a tool to better your life.

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FREE eBook: The Ultimate Guide to Multifamily Deals & Investing

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Click here to know more about our sponsors: MFIN CON |Reliant

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JF3072: 3 Tips for Hiring the Right Contractor ft. Jason Lee Feb 01, 2023

Show notes

Jason Lee is the president of and full-time multifamily broker at JLM Real Estate Inc., a commercial real estate team focusing on multifamily sales and 1031 exchanges in San Diego County. In this episode, Jason discusses the three most important actions he takes when hiring a contractor, three tips for breaking into commercial real estate through sales and brokering, and the hardest lesson he’s learned in his career so far.

Jason Lee | Real Estate Background

President of and full-time multifamily broker at JLM Real Estate Inc., a commercial real estate team focusing on multifamily sales and 1031 exchanges in San Diego County.
Portfolio:
- 120 units for a $50M asset value
Based in: San Diego, CA

Say hi to him at:

- Instagram

- LinkedIn

YouTube

Best Ever Book: How to Win Friends and Influence People by Dale Carnegie

Join the newsletter for expert tips & investing content.

FREE eBook: The Ultimate Guide to Multifamily Deals & Investing

Stay in touch with us!

Click here to know more about our sponsors: MFIN CON |Reliant

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JF3071: The Art of Multifamily Development ft. Dusten Hendrickson Jan 31, 2023

Show notes

Dusten Hendrickson is the president of Mailbox Money Real Estate, which finds land and creates a vision for it — usually a multifamily project. In this episode, Dusten shares what drew him to multifamily development, why being a developer requires more vision than strategy, and why he recommends starting with a small project before scaling.

Dusten Hendrickson | Real Estate Background

President of Mailbox Money Real Estate, which finds land and creates a vision for it — usually a multifamily project.
Portfolio:
- GP of 888 units
- LP of 2,034 units
Based in: Brookings, SD

Say hi to him at:

- mailboxmoneyre.com

Greatest Lesson: Growth without scaling leads to one step forward and two steps back. You need to learn to scale before you grow so your growth doesn’t lead to overwhelm, burnout, failure, and eventually bankruptcy. Hard work doesn't equal results. There’s much more to it, and that’s why we have to be open-minded and continue to learn.

Join the newsletter for expert tips & investing content.

FREE eBook: The Ultimate Guide to Multifamily Deals & Investing

Stay in touch with us!

Click here to know more about our sponsors: MFIN CON |Reliant

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