The Best Ever CRE Show

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JF3379: The Value of Preventative Maintenance | Bonus Operations ft. Slocomb Reed Dec 05, 2023

Show notes

Bonus Operations is a series hosted by apartment owner/operator and Best Ever Show host, Slocomb Reed. In each five- to ten-minute episode, Slocomb provides his top takes for executing your business plan and maintaining cash flow.

As a real estate investor or operator, you don’t get to decide when maintenance issues and emergencies rear their ugly heads. To protect your business plan, your property, and your tenant’s happiness, the best time to address maintenance issues is before they arise.

In this episode of Bonus Operations, Slocomb Reed shares tips and stories about why keeping up routine maintenance is essential to your success.

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JF3378: Tim Vitale & Tim Vest - Makin’ Moves in Multifamily Dec 04, 2023

Show notes

Known for their success in multifamily real estate, Tim Vitale and Tim Vest share their journey, strategies, and the importance of building a thriving community of investors. Discover how they balance their individual strengths, the benefits of partnerships, and insights into commercial properties.

Key Takeaways

Maximizing Partner Strengths: Tim Vest and Tim Vitale emphasize the significance of understanding each partner's strengths and weaknesses within a real estate partnership. By leveraging complementary skills, they optimize decision-making and achieve better outcomes.
Building a Thriving Community: The hosts discuss the power of community building, showcasing their Makin' Moves in Multifamily Facebook group. They highlight the value of mentorship and networking in real estate, emphasizing the role of collaboration in success.
Effective Time Management: Tim Vest and Tim Vitale share insights into time management and delegation. They emphasize the importance of focusing on tasks that require critical thinking while offloading repetitive or distracting work to optimize productivity and decision-making.

Tim Vitale | Real Estate Background

Co-Founder of Vive Equity and Makin Moves
Portfolio:
- 1200+ apartment units
- 3 NNN locations
Based in: Wilmington, NC
Say hi to him at:
- LinkedIn

Tim Vest | Real Estate Background

Founder of Harvest Properties Group and Co-Founder of Makin Moves
Portfolio:
- 1200+ apartment units
- 3 NNN locations

Based in: Charlotte, NC
Say hi to him at:
- LinkedIn

Check out the Makin’ Moves Facebook Community!

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JF3377: Grant Warrington - From Handyman to Multifamily Investor and Content Creation Expert Dec 03, 2023

Show notes

Grant Warrington, a seasoned investor with over 41 units under his belt, shares his journey, from starting as a handyman to becoming a successful commercial real estate investor and educator. He discusses the importance of creating content and leveraging social media to reach a wider audience. Grant also highlights his course, the Apartment Buying Blueprint, which equips individuals with the knowledge and confidence to venture into commercial real estate.

Key Takeaways

Content Creation and Relatability: Grant emphasizes the power of creating relatable content on social media. By sharing his experiences and knowledge in a simple and understandable way, he reaches a broad audience of aspiring investors who may not be familiar with commercial real estate.
The Apartment Buying Blueprint: Grant's course, the Apartment Buying Blueprint, offers a comprehensive education on purchasing apartment buildings, especially in the 5 to 20 unit range. This course covers everything from property management to finding off-market deals, making it an invaluable resource for those looking to enter the commercial real estate arena.
Off-Market Opportunities: Grant discusses the significance of off-market deals in today's competitive market. He shares his techniques for finding off-market apartment buildings, highlighting the importance of persistence and effective communication with property owners. Off-market opportunities can be a game-changer, especially in a challenging real estate landscape.

Grant Warrington | Real Estate Background

Principal at Warrington Capital
Portfolio:
- 41 units personally owned
- 98 units as small % of GP
Based in: St Petersburg, Florida
Say hi to him at:
- Instagram
Best Ever Book: How to Win Friends & Influence People by Dale Carnegie
Greatest Lesson: Always camera main drain lines.

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JF3376: Cincinnati Meetup Podcast: Mastering Property Management and Tenant Concerns Dec 02, 2023

Show notes

This episode is the audio from our November 2023 meetup in which host Slocomb Reed guides a panel of short-term rental investment experts. This episode covers key property management topics like parking, laundry, and pet policies, offering practical advice for landlords in the Cincinnati real estate market, along with a Q&A session for professionals.

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JF3375: Julian Vogel - The Power of a Co-GP Strategy Dec 01, 2023

Show notes

Julian Vogel, fund manager at Colony Hills Capital, shares his insights on the world of commercial real estate, specifically focusing on garden-style multifamily properties and innovative capital-raising strategies.

Key Takeaways:

The Power of Co-GP Strategy: Julian discusses Colony Hills Capital's unique approach to raising capital through a co-GP (General Partner) strategy. By bringing together LP (Limited Partner) investors and deploying their funds alongside Colony Hills' principles and employees on a deal-by-deal basis, investors can enjoy outsized returns and diversification.
Investor Confidence and Trust: Julian emphasizes the importance of building trust and confidence with investors. He highlights the significance of one-on-one Zoom or in-person meetings with potential investors, allowing them to connect with the sponsorship team and understand the strategy and underwriting of the deals.
Top-Down Approach to Investing: Julian advises active real estate investors to take a top-down approach. Start by identifying markets or sub-markets with strong demographics, industries, and population growth. Then, dive into the deal specifics, analyzing cap rates, potential renovations, and expense reductions to maximize returns.

Julian Vogel | Real Estate Background

Fund Manager at Colony Hills Capital
Portfolio:
- Multifamily - $1.2 billion in total capitalization, +12,000 units, and 36 transactions
Based in: Wilbraham, MA
Say hi to him at:
- LinkedIn
Best Ever Book: Ethics of our Fathers by Pirkei Avos
Greatest Lesson: Invest using a top-down approach. So, look for markets or sub-markets where there's strong income, strong demographics, strong industry, etc. And that those industries are resilient to downturns in the market, like tech, distribution, medical, education.

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JF3374: Is Syndication Investing Right for You? | Passive Investor Tips ft. Travis Watts Nov 30, 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 Watts breaks down the three steps he uses to determine if an investment is right for him at any given point in time. They include knowing your goals, knowing your values, and evaluating the investment to see if it matches those two things.

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JF3373: Jason Balara - From Stethoscopes to Syndications: Why Portfolio Diversification Matters Nov 29, 2023

Show notes

Jason Balara of Lark Capital Group shares his journey from being a veterinary surgeon to becoming a successful real estate investor. With a focus on multifamily properties, student housing, self-storage, and even small businesses, he provides insights and strategies that will captivate commercial real estate investors looking for diverse opportunities.

Key Takeaways:

Diversification Matters: While specializing in multifamily properties in a specific market, he also explores opportunities in student housing, self-storage, and even small businesses. Diversification can help mitigate risks and create a well-rounded portfolio.
The Power of Syndication: Syndication allows investors to scale their projects and take on larger deals while transitioning from a hands-on approach to a more CEO-like role. It's a way to leverage the expertise of others and build wealth over the long term.
Impact-Driven Investing: Apart from financial gains, Jason discusses the importance of making an impact through investments. He shares his commitment to helping fellow veterinarians improve their financial situations and highlights the significance of strategic partnerships and giving back to the community.

Jason Balara | Real Estate Background

CEO Lark Capital Group
Portfolio:
- Active:
  - 236 units multifamily
  - 450 units self-storage
  - 101 units student housing
- Passive
  - 600+ units multifamily
  - Fund: 450 units multifamily
Based in: Los Angrles, CA
Say hi to him at:
- Instagram
- LinkedIn

- Know Your Why Podcast
- www.larkcapital.com
Best Ever Book: Who Not How by Dan Sullivan
Greatest Lesson: Perfection is the enemy of growth.

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JF3372: Brian Alfaro - Building Trust, Doing Due Diligence, and Being Adaptable: The Keys to Real Estate Success Nov 28, 2023

Show notes

Brian Alfaro of Headway Capital Investments provides valuable insights on how to succeed in the competitive world of commercial real estate investing from building trust with investors to navigating the complexities of raising capital.

Brian Alfaro | Real Estate Background

Headway Capital Investments
Portfolio:
- 3,335 units
Based in: Houston, TX
Say hi to him at:
- LinkedIn
- headwayinvestment.com
Best Ever Book: 7 Habits Of Highly Effective People by Stephen Covery
Greatest Lesson: Watching somebody else succeed on a deal I backed out on just because I was scared. Don't get stuck in analysis paralysis. If you've done the math, and it works, go for it.

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