The Best Ever CRE Show

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JF3649: Leveraging Free Land for Inner-City Development, Surviving Variable Rate Debt, and Preparing for Multifamily Syndication ft. Randy Langenderfer Aug 31, 2024

Show notes

Randy Langenderfer, President of Invest Arc Properties, shares his experience in real estate investing and discusses his current focus on single-family development. He talks about the advantages of starting with single-family homes, such as building contractor relationships and getting in good graces with the city for future multifamily projects. Randy also discusses the challenges of dealing with variable rate debt and the potential impact of rising interest rates on the market. He provides advice for both passive investors and those looking to enter the multifamily syndication space.

Randy Langenderfer | Real Estate Background

InvestArk Properties
Based in: Houston, TX
Say hi to him at:
- www.invest-ark.com
- www.multifamilymaestros.com

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JF3648: Navigating Smaller Deals, Aligning Interests with Local Partners, and Strategic Property Management in Multifamily ft. John Casmon Aug 30, 2024

Show notes

John Casmon, founder of Casmon Capital Group, shares insights on investing in smaller multifamily deals. He emphasizes the importance of having local partners with boots on the ground and a proven track record. By partnering with experienced property managers and other team members, investors can leverage their expertise and navigate the challenges of smaller deals. Casmon also discusses the alignment of interests among team members and the flexibility to make changes if necessary. He advises investors to focus on finding partners who bring value and have the specific skill sets needed for the deal. Overall, the key takeaway is to identify proven performers and build a strong team for successful investing in smaller multifamily deals. John Casmon | Real Estate Background

Founder of Casmon Capital Group
Based in: Cincinnati, Ohio
Say hi to him at:
- LinkedIn
- Instagram
- X.com

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JF3647: From Building Homes to Building Wealth, Strategic Seller Financing, and Mastering the South Carolina Market ft. Jennings Smith Aug 29, 2024

Show notes

Jennings Smith shares his journey from being a contractor to becoming a successful real estate investor. He started in single-family homes and eventually transitioned to multifamily properties. Jennings emphasizes the importance of shifting your mindset and identity to that of a real estate investor. He also discusses the criteria he looks for in markets, including population growth and stability. Jennings shares a specific deal where he was able to negotiate a lower insurance premium and increase the property's cash flow. He also talks about structuring deals with investors and the importance of building a network and surrounding yourself with like-minded individuals.

Jennings Smith | Real Estate Background

The Deal Room
Portfolio:
- 1280 Multifamily Units, 500 Self Storage Units
Based in: Charleston SC
Say hi to him at:
- www.jenningssmithjr.com

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JF3646: Scaling Back for Lifestyle, Realizing Contentment in Vacant Land and Laundromats, and the Hard Lessons of a Bad Deal ft. Sam Wilson Aug 28, 2024

Show notes

In this conversation, Sam Wilson discusses his decision to scale back his real estate portfolio for lifestyle reasons. He shares his background and the journey that led him to prioritize fulfillment and personal satisfaction over growth and expansion. Sam talks about finding fulfillment in real estate investing by focusing on assets that have outsized returns without requiring excessive time and resources. He also discusses his unique approach to laundromats and how he combines the needs of others with his own gifts to bring value to the world. Sam offers advice on prioritizing and acting on what truly matters to achieve a more fulfilling life.

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JF3645: The Biggest Opportunity Nobody’s Talking About, the Truth About Pref Equity, and Why CRE Has Officially Bottomed Out ft. Neal Bawa Aug 27, 2024

Show notes

Neal Bawa discusses the changes in the syndication industry over the past 18 months and how his business has adapted. He highlights the use of preferential equity as a great opportunity for investors, offering better returns and lower risk compared to traditional equity investments. He also explains the concept of preferential equity and how it can be used to refinance properties and stabilize cash flow. Bawa emphasizes the importance of risk mitigation and the need to find good preferential equity deals.

Neal Bawa | Real Estate Background

Grocapitus, Mission10k & Multifamily University
Portfolio:
- $660 Million value of projects
Based in: Fremont, CA
Say hi to him at:

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JF3644: Scaling to 1100 Units, Navigating Family Partnerships, and Implementing EOS for Multifamily Success ft. Richard and Brad Simtob Aug 26, 2024

Show notes

Richard and Brad Simtob, partners of Simtob Management and Investment, discuss their experience in real estate investing and property management. They share their journey from starting with an 11-unit building to owning over 1,000 multifamily units. They emphasize the importance of implementing the Entrepreneur Operating System (EOS) in their company and how it has helped them with planning, goal-setting, and leadership development. They also discuss their approach to resident screening and the lessons they have learned from managing C-class properties. Additionally, they highlight the significance of building a strong team and the challenges and benefits of working with family.

Richard Simtob | Real Estate Background

Simtob Management & Investment
Portfolio:
- Retail centers and 1000 MF units in two cities
Based in: West Bloomfield MI
Say hi to him at:
- Simtob.com

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JF3643: Growing a $65M Multifamily Portfolio, Reducing Costs with In-House Teams, and Overseeing Property Management for Maximum Returns ft. Aman Singh Aug 25, 2024

Show notes

Aman Singh, the managing partner of Victory Multifamily, shares his background in multifamily real estate and his journey from single-family homes to multifamily properties. He discusses the importance of being hands-on and involved in the day-to-day operations of the properties, including overseeing property management and expenses. Aman also talks about the business plan for his multifamily portfolio, which focuses on increasing NOI through unit upgrades, utility billbacks, and other income sources. He emphasizes the need for solid debt structures and proper systems and processes to ensure the success of the business plan. Aman also addresses the challenges of increasing payroll expenses and shares strategies for mitigating those costs.

Aman Singh | Real Estate Background

Victory Multifamily
Portfolio:
- GP 505 Units, 86 SFH Section 8 Housing
Based in: Dallas, TX
Say hi to him at:
- LinkedIn

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JF3642: Navigating Atlanta Multifamily Deals, Raising Capital in a Tough Market, and Building a CPA Firm for Investors ft. Jason Malabute Aug 24, 2024

Show notes

Jason Malabute, an apartment syndicator and CPA, shares his journey into real estate investing and the challenges he faced in the accounting side of the business. He discusses the importance of finding the right partners and the difficulties in raising capital for syndication deals. Jason also highlights the benefits of investing in the Atlanta market, including population growth and diverse industries. He emphasizes the significance of quality accounting in real estate investing and the need for proper bookkeeping systems.

Jason Malabute | Real Estate Background

Malabute and Company, CPAs
Based in: Los Angeles, CA
Say hi to him at:
- LinkedIn

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JF3641: Developing 1600 Units in Maui, Overcoming Construction Challenges, and Building a Community-Driven Investment Strategy ft. Anthony Walker Aug 23, 2024

Show notes

Anthony Walker, CEO of Black Swan, discusses his real estate development projects, including a 165-acre development in Maui. The goal of Black Swan is to create communities where people can live, work, and have a sense of pride. The development includes an amphitheater, a community gathering area, and affordable and market-rate apartments. Anthony talks about the challenges of building in Maui, including high construction costs and the need for subsidies. He also emphasizes the importance of partnerships, community involvement, and transparency in the development process. Anthony Walker | Real Estate Background

Black Swan
Based in: Maui & Coeur d'Alene
Say hi to him at:
- LinkedIn

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