The Millionacres Podcast

Latest Episodes:

Episode #44: Industrial Real Estate with Peter Lewis, Wharton Equity Jun 22, 2021

Show notes

In today's episode, we zero in on one of the biggest markets in the country, Los Angeles. Our guest is Larry Taylor of Christina Real Estate. He is the founder and Chief Executive Officer of Christina. He's also a seasoned investor with over 40 years of real estate experience in the Westside region of Los Angeles. Some of his notable projects include the development of the Montana Avenue Shopping District in Santa Monica, the revitalization of the South Beverly Hills Retail Shopping District and the re-development of Westwood Village. He shares what he learned through a career in real estate investing and why Los Angeles still has opportunities for savvy investors.

0:00 Introduction

1:20 The California exodus and the multifamily market in Los Angeles

5:30 California business reopening

7:18 Tech companies plan for remote work long term and how it will affect retail businesses

11:18 The history of the west side & how it’s changed

15:36 Hidden gems in Los Angeles

19:48 The effects of wildfires on California real estate

22:12 Cheap money making it hard to find opportunities

29:55 1031 Exchanges and other tax law changes

35:51 What does the Christina real estate portfolio consist of

44:20 Is office real estate coming back quicker than people think

47:15 How long will favorable lending last and what will come from it

55:05 Is foreign investment coming back to the westside

Bonus Episode #3: Millionacres Update Jun 12, 2021

Show notes

This episode highlights some of the key takeaways from past Millionacres interviews with guests including Ed Pitoniak, Taj Adhav, and Abby McCarthy.

Ed Pitoniak is the CEO of VICI properties and shares with us his expertise in the Las Vegas market, and the increase in Las Vegas tourism since reopening this year and how Vegas is leading the way in leisure travel recovery in the U.S.

Taj Adhav, of Leasecake, a commercial real estate lease management platform, discusses the growing trend of wellness in real estate. How the baby boomers and gen Z both place a high importance on health and wellness. Taj also highlights the merging of medical and retail services, medtail, and the importance of omnichannel ability in real estate.

Abby McCarthy of Nareit, shares key insights on the future of retail and commercial real estate. Abby highlights that leisure travel is picking back up quickly while business travel is expected to remain low, and how that is affecting the travel and tourism industry. As well as the quick rebound in retail shopping as more people are becoming vaccinated.

Watch our full interviews with Ed, Taj, and Abby on the Millionacres youtube channel

0:00 Intro

0:45 - 4:12 Las Vegas reopening With Ed Pitoniak https://youtu.be/G3XTiSjkidE

4:15 Wellness in real estate with Taj Adhav on the increased demand for boutique fitness https://youtu.be/gtWCUomwWoA

7:32 Medtail, The combining of Medical + Retail services

10:15 Matt Frankel & Abby McCarthy on reopening REITs https://youtu.be/0xb1Mr9mlgs

13:55 outro

Ed Pitoniak https://youtu.be/G3XTiSjkidE

Taj Adhav https://youtu.be/gtWCUomwWoA

Abby McCarthy https://youtu.be/0xb1Mr9mlgs

Episode #42: Opportunity Zones, Cold Storage and More with Dr. Jim White Jun 08, 2021

Show notes

This episode is sponsored by

Christina Real Estate.

Right now we are at an interesting point in time with regard to the union of public and private capital to fix some of the bigger problems we as a country are facing including affordable housing. My guest today is Jim White. Dr. Jim White has had a fascinating career in business and real estate. He's the author of multiple books including Broken America: Ten Guiding Principles to Restore America and Opportunity Investing: How to Revitalize Urban and Rural Communities with Opportunity Funds. He's an advocate for using business techniques to make the world a better place.

Timestamps

0:00 Introduction

1:29 The role of government in real estate development

4:48 Discussing governmental infrastructure plans

10:28 The opportunity in cold storage

17:05 The automation trend in industrial real estate and food safety

19:57 The role of water in California real estate

22:02 Logistics factors in storage and autonomous vehicles

26:35 A game plan for opportunity zone investing

31:42 Criticism of opportunity zones

33:50 Creating multiple opportunity zone funds

36:42 Greening opportunity zone projects

39:27 What needs to be improved in real estate development?

42:40 Advice for investors who want to do well and do good

Episode #41: The Future of Furniture with Sam Selby of Fernish Jun 01, 2021

Show notes

This episode is sponsored by
Christina Real Estate.

In this episode, we take a step away from real estate investing to talk about something a little different, furniture. This episode covers the idea of furniture services, supply chain dynamics, and changing consumer tastes and preferences.

Our guest is Sam Selby, Director of Business Development at Fernish. Fernish is a premium furniture service that offers monthly payment options. But this isn't your parents' rent-to-own, it's part of the larger trend of the sharing economy.

Timestamps
0:00 Introduction
1:24 The pandemic and furniture demand
3:05 Post pandemic hygiene concerns
6:04 The vacation rental demand boom
7:33 Fernish and multifamily
11:50 Fernish and interior design
13:45 Furniture waste
16:09 The slow furniture movement
20:27 How Fernish looks at industrial real estate
25:00 Choosing new markets
28:10 Supply chain concerns
29:50 Fernish's plan for refurbishing furniture
34:44 Fernish and commercial real estate
39:47 Technology and furniture

Episode #40: House Hacking with Andrew Kerr May 25, 2021

Show notes

This episode is sponsored by http://www.christinala.com

Who is househacking really for? Andrew Kerr explains the many strategies behind househacking and how he has used it to build his dream life.

Andrew gave up life in the corporate world for non-profits and then discovered real estate was a key to financial freedom. He has bought and sold properties, syndicated deals and had a variety of real estate experiences. He's seen it all when it comes to real estate investing and believes it is the key to financial independence. Learn more at https://fibyrei.com.

Share your thoughts with us: media@millionacres.com or call: 844-615-2201.

Timestamps

O:00 Introduction

1:18 Andrew's first house hack

2:57 getting your financial house in order

4:48 concerns about being a landlord

6:57 dealing with evictions

8:43 Section 8 and affordable housing

11:25 house hacking and financing

13:26 should beginning house hackers deal with more than one tenant

15:44 do you do your own repairs?

18:52 ADUs and househacking

23:21 Zoning and househacking

26:14 buying in multiple locations

30:25 Location first or deal first?

32:50 Can you get get started in this current hot market?

37:30 Andrew's approach to non-profit work

40:49 What is the New Orleans market like?

Episode #39: Real Estate Venture Capital with Nima Wedlake of Thomvest Ventures May 18, 2021

Show notes

This episode is sponsored by Masterworks.io

Real estate innovation is moving at a rapid pace. In this wide-ranging conversation, we cover SPACs, proptech, iBuying, and the future of modular housing and construction tech.

Nima Wedlake of Thomvest Ventures. Nima is a principal at Thomvest focusing on investment opportunities across the real estate and financial technology verticals. He currently serves as a Board Observer at LoanSnap, Singular and Wholesail. He's an expert on both fintech and real estate has a sense of what's happening in the startup market where so much innovation is happening.

Learn more at https://thomvest.com

Share your thoughts with us: media@millionacres.com or call: 844-615-2201.

Timestamps

0:00 Introduction

1:45 What problems does modular construction solve

5:05 The sudden influx of venture capital

6:50 Construction tech

8:55 The need for communication in construction

11:17 The SPAC craze in real estate

14:12 Thomvest's maps of startups

16:40 Pace of innovation in residential vs. commercial

19:24 One platform to rule them all?

22:35 Are you looking for companies to go public?

25:24 VCs and real estate crowdfunding

29:05 Nima's thoughts on iBuying

31:50 Can iBuying be profitable?

34:06 What about Compass?

41:05 What is Thomvest looking for?

43:12 Do you have to be in Silicon Valley to attract capital?

46:11 Tokenization and blockchain in real estate

Bonus Episode #2: Millionacres Update May 15, 2021

Show notes

The real estate market is crazy right now. In this short update show we share one story of real estate madness, check in with Glenn Sanford of eXp World Holdings on agent disruption, hear from Austin Allison of Pacaso on the second home boom, and get a sobering look at climate change with Michael Beckerman of CRETech.

Share your thoughts with us: media@millionacres.com or call: 844-615-2201.

Timestamps

0:00 Introduction

2:15 House hacking and the crazy housing market

5:55 eXp and agent count

8:48 Pacaso and the future of second homes

11:50 Michael Beckerman and climate change

Episode #38: Real Estate Bliss with Moneeka Sawyer of the Blissful Investor May 11, 2021

Show notes

Is it possible to find bliss in real estate investing? Moneeka Sawyer of the Blissful Investor shares her secrets for finding the real estate path that is right for you.

Moneeka is the creator of the Blissful Real Estate Investor Formula. In this podcast she shares how she built her real estate empire and how she inspires other investors to do the same.

Learn more at https://blissfulinvestor.com/

Share your thoughts with us: media@millionacres.com or call: 844-615-2201.

Timestamps

O:00 Introduction

1:23 Keeping a positive attitude

2:55 What financial messaging did you receive when you were young?

5:45 What business school does and doesn't teach

7:10 Making real estate work for you rather than working for it

10:20 The secrets of blissful real estate investing

11:55 Executive rentals

14:50 The impact of the great financial crisis

19:40 Intuition in investing

26;38 Automating and delegating

28:48 Dealing with this crazy market

30:26 Couples and real estate investing

33:45 Women and risk

36:44 Mentorship and coaching

39:02 Leveling up in real estate investing

43:50 Renewing your excitement for your business

Episode #37: Real Estate Wholesaling with Cody Sperber of The Clever Investor May 04, 2021

Show notes

How did Cody Sperber turn one deal into a real estate empire? In this episode Deidre Woollard sits down with Cody Sperber of the Clever Investor to talk wholesaling, why an investor needs to be a brand, and how to compete against iBuyers.

You might know Cody Sperber of the Clever Investor from his popular videos on YouTube or from his educational series. He has flipped over 1,000 houses and now focuses on real estate education. You may have heard his story before but today we are going to dig beyond the rags to riches story and get into how he builds wealth and more importantly how you can too (spoiler alert: there are lots of phone calls involved).

Learn more at https://cleverinvestor.com.

Share your thoughts with us: media@millionacres.com or call: 844-615-2201.

Timestamps

0:00 Introduction

1:15 Pros and cons of wholesaling

5:20 Do people underestimate the difficulty of wholesaling?

9:30 How Cody got his first deal

12:30 Real estate influencer culture and brand building

16:30 Doing deals on Clubhouse

20:15 Using virtual assistants

23:05 Why investors may need a CRM

25:00 Learning to negotiate