The Best Ever CRE Show

Latest Episodes:

JF3710: Buying Distressed Assets, Local Investing, and Building a Value-Add Portfolio in New Jersey ft. Joshua Kahr Oct 31, 2024

Show notes

Joshua Kahr shares insights from his extensive experience in commercial real estate, particularly in multifamily investments. He discusses his current focus on value-add deals, the importance of understanding market cycles, and the challenges of staffing in the current labor market. Joshua emphasizes the opportunities available in mismanaged assets and the lessons learned from past market disruptions, including the impact of COVID-19. He concludes with thoughts on the future of real estate investing and how to connect with him.

Joshua Kahr | Real Estate Background

Metropolitan America, Kahr Real Estate Services, Essex Suites
Based in: Verona, NJ
Say hi to him at:
kahrrealestate.com
LinkedIn
essexsuites.com
metropolitanamerica.com

Sponsors:

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JF3709: Residential Assisted Living, Value-Add Sober Living, and $9,000/Month Beds ft. Charlie Cameron Oct 30, 2024

Show notes

Amanda and Ash interview Charlie Cameron, a real estate investor specializing in residential assisted living. Charlie shares his journey from military service to real estate, emphasizing the growing demand for assisted living facilities. He explains the differences between traditional nursing homes and residential assisted living, detailing the operational aspects, staffing challenges, and financial considerations involved in running these homes. Charlie also discusses the importance of providing quality care, the potential for high returns on investment, and the future of the assisted living market.

Charlie Cameron | Real Estate Background

Open Range Capital & The RAL Room
Based in: Woodbridge VA
Say hi to him at:
theralroom.com

Sponsors:

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JF3708: Turning 40% Occupancy into Profits, 2000+ Units, and Building Legacy Wealth ft. Michael Manthei Oct 29, 2024

Show notes

Michael Manthei shares his transformative journey from a life dedicated to ministry to becoming a successful real estate investor. He discusses the ideological barriers he faced regarding wealth and success, the importance of obedience in his life, and how he navigated the challenges of real estate investing. Michael emphasizes the significance of community and mentorship in his current endeavors, highlighting the fulfillment he finds in helping others achieve their goals. Michael Manthei | Real Estate Background

ELEVATE Investing Group
Based in: 2000+ units
Say hi to him at:

Sponsors:

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JF3707: Navigating Chicago’s Competitive Market, Property Management Insights, and Adaptive Reuse ft. John McGeown Oct 28, 2024

Show notes

In this episode of the Best Ever CRE Show, John McGeown, investor and property management expert, joins host Slocomb Reed. John shares his transition from heavy rehabs to value-add deals focused on efficient management, along with insights from managing over 1,200 units across Chicago. He dives into challenges with competitive deal flow, managing tenant expectations, and overcoming the rising costs in the Chicago market. John also makes the case for investing in Chicago, highlighting its economic diversity, historic architecture, and strong rental demand.

John McGeown | Real Estate Background

High Fidelity Property Management
Based in: Chicago, IL
Say hi to him at:
www.highfidelityrealty.com

Sponsors:

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JF3706: Scaling 100+ Mobile Home Parks, In-House Construction, and Infill Challenges ft. Sam Hales Oct 27, 2024

Show notes

In this episode of the Best Ever CRE Show, Sam Hales, CEO of the Saratoga Group, joins Amanda Cruise and Ash Patel to share his journey from single-family homes to managing nearly 7,000 mobile home pads. Sam discusses his strategic shift to mobile home parks, the importance of an in-house construction team, and his approach to adding value through infill and efficient management. He also offers insights into navigating challenges in a competitive market and the future of mobile home investments.

Sam Hales | Real Estate Background

Saratoga Group
Based in: Knoxville TN
Say hi to him at:
- LinkedIn

Sponsors:

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JF3705: Converting 1970s Townhomes, Condo Strategies, and a 170% NOI Boost ft. Karl Krauskopf Oct 26, 2024

Show notes

Joe Cornwell interviews Karl Krauskopf, founder of Gold Multifamily, who shares his journey from a corporate job to becoming a full-time real estate investor. Karl discusses his experiences in scaling up from small multifamily properties to larger developments, the challenges of navigating the Seattle real estate market, and the impact of corporate policies on housing demand. He also shares a successful case study of a townhome project in Wenatchee, highlighting the strategies used to increase net operating income significantly. The conversation concludes with actionable advice for investors looking to plan for the future.

Karl Krauskopf | Real Estate Background

Gold Multifamily
Portfolio:
- 85 Multifamily units
Based in: Seattle, Washington
Say hi to him at:
- LinkedIn
- www.gold-mf.com

Sponsors:

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JF3704: This LP Rejects 98% of Deals. Here’s What He Sees Syndicators Doing Wrong ft. Marc Halpern Oct 25, 2024

Show notes

Matt Faircloth speaks with Marc Halpern, a seasoned passive investor in syndication deals. Marc emphasizes the need for syndicators to present clear, concise information to limited partners (LPs) through a one-pager, covering key details like the project name, asset class, equity split, and target returns. He stresses respecting LPs' time, focusing on transparency, and providing investor-centric communication. Marc also shares advice on networking effectively, prospecting at investor conferences, and conducting thorough due diligence, highlighting the importance of clarity, realistic projections, and efficient deal presentations.

Marc Halpern | Real Estate Background

Part Time Investors LLC
Based in: Williamstown, NJ
Say hi to him at:
- www.PartTimeInvestorsLLC.com

Sponsors:

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JF3703: Off-Market Class A Acquisitions, Investor Confidence, and 35% NOI Growth in Dallas ft. Tony Lin Oct 24, 2024

Show notes

Slocomb Reed interviews Tony Lin, founder and CEO of Link Multifamily, who shares his journey from tech to real estate investing. Tony discusses his investment philosophy, focusing on multifamily properties as a basic need, and the importance of maintaining investor confidence during market downturns. He highlights recent acquisitions, strategies for tenant retention, and the challenges posed by inflation and decreased occupancy. Additionally, Tony elaborates on his mentorship program, Linfinity, which aims to educate aspiring investors on conservative investment practices.

Tony Lin | Real Estate Background

Link Multifamily
Portfolio:
- Active lead GP on 860 units in Dallas, TX
- Passive investor in 17 deals, including over 4,000 multifamily units
- Investments in self-storage, student housing, commercial plumbing, blind funds, and new construction
Based in: Fremont, CA
Say hi to him at:
- www.linkmultifamily.com

Sponsors:

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JF3702: Scaling to 500M AUM, Off-Market Deals, and Achieving 72% IRRs in Storage & MHP ft. Matthew Ricciardella Oct 23, 2024

Show notes

Amanda and Ash welcome Matthew Ricciardella, the principal and managing partner of Crystal View Capital. Matthew shares his journey from residential flipping to managing over 25,000 units in mobile home parks and self-storage facilities. He discusses the importance of passive income, key performance indicators in management, and the strategies he employs to source off-market deals. Matthew also highlights the impressive returns his funds have delivered to investors and the challenges of navigating a competitive market. He emphasizes the significance of building strong relationships with investors and the lessons learned from scaling his business.

Matthew Ricciardella | Real Estate Background

Managing Partner & Principal at Crystal View Capital
Portfolio:
- 100+ assets (self-storage and manufactured housing communities)
- 25K+ unit/sites managed
- $500M+ AUM
Based in: Las Vegas, NV
Say hi to him at:
- www.crystalviewcapital.com
- LinkedIn

Sponsors:

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JF3701: Closing 12 Properties for $16M — Mailer Success, Double Closing, and Building a Track Record ft. Tory Sheffer Oct 22, 2024

Show notes

Joe Cornwell interviews Tory Sheffer, a real estate syndicator with a successful track record in multifamily investments. Tory shares his journey from starting a playground construction company to becoming a real estate agent and eventually closing significant deals in the multifamily sector. He discusses his first major acquisition of 232 units, the challenges he faced in property management, and the lessons learned from various deals. Tory emphasizes the importance of confidence, taking action, and understanding the market dynamics to succeed in real estate investing.

Tory Sheffer | Real Estate Background