The Millionacres Podcast

Latest Episodes:

Episode #36: Silicon Valley Real Estate with Erik Hayden of Urban Catalyst Apr 27, 2021

Show notes

In this episode, Deidre Woollard chats with Erik Hayden, founder of Urban Catalyst about Silicon Valley real estate, the history of San Jose, and the ways that Big Tech is changing housing in the area.

Erik is responsible for developing more than $3.5 billion in real estate projects, including over 2,300 residential units in the California Bay Area, His expertise lies in navigating projects through the entitlement process by working with elected officials, community groups, and political organizations to gain support and get projects approved.

Learn more at www.urbancatalyst.com

Share your thoughts with us: media@millionacres.com.

Timestamps

0:00 Introduction

1:40 Impact of remote work

3:35 The Google factor

5:25 Facebook and housing

6:50 Transit oriented development

9:50 The quest for urban density

11:20 Nimbyism

13:00 San Jose as a city

17:50 Dealing with local government

22:23 The parking factor

25:20 The life sciences revolution

31:05 Opportunity zones

34:51 Turning a movie theater into something new

37:40 Potential opportunity zone extensions

40:40 Running an opportunity zone fund

43:15 Handling tech investors in real estate

45:58 Erik as an investor

Episode #35: Real Estate Crowdfunding with Mitch Rosen of Yieldstreet Apr 20, 2021

Show notes

In this episode, Deidre Woollard chats with Mitch Rosen, Senior Director of Real Estate at Yieldstreet about real estate crowdfunding, investing in a post-COVID-19 world, and more.

Yieldstreet is a unique crowdfunded lending platform. While it offers shorter-term loans secured by commercial and multifamily real estate, it has expanded its offerings significantly in recent years to include real estate equity and investments backed by art, aviation, legal, and marine assets. That enables investors on its platform to potentially earn passive income backed by a variety of alternative asset classes, allowing them to diversify their portfolio and reduce its correlation to the volatile stock market.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Yieldstreet Prism Fund before investing. The prospectus for the Yieldstreet Prism Fund contains this and other information about the Fund and can be obtained by emailing investments@yieldstreetprismfund.com or by referring to www.yieldstreetprismfund.com. The prospectus should be read carefully before investing in the Fund.

Investments in the Fund are not bank deposits (and thus not insured by the FDIC or by any other federal governmental agency) and are not guaranteed by Yieldstreet or any other party.

The securities described in the prospectus are not offered for sale in the states of Nebraska or North Dakota or to persons residing or located in such states. No subscription for the sale of Fund shares will be accepted from any person residing or located in Nebraska or North Dakota.

Timestamps

0:00 Introduction

2:30 Areas Yieldstreet focuses on

3:34 The opportunities in real estate right now

6:05 The single family build to rent trend

8:05 Will rent to own be part of the future?

10:12 The current state of migration

14:25 What is happening in the CMBS market?

18:10 The return of deal flow

21:05 Reopening stocks and real estate

25:25 Yieldstreet's Prism Fund

27:20 Mitch's career in investing

30:13 Mitch on opportunity zones

31:28 Mitch as the deal killer

33:48 How Yieldstreet makes its money

34:40 Golf communities as an asset class

37:00 The future of senior housing

38:16 Yieldstreet holding times

41:15 Thoughts on interest rates

Episode #34: Women in Real Estate Investing with Good Egg Investments Apr 13, 2021

Show notes

In this episode, Millionacres editor Deidre Woollard sits down with Julie Lam and Annie Dickerson of Good Egg Investments to talk about their journey from direct investors to syndicators and educators.

Julie Lam and Annie Dickerson are the founders of Good egg Investments. They both have over a decade of experience investing in real estate including multifamily buy-and-hold rentals, private lending, and passive investing through real estate syndications. Together are mentoring and educating women in real estate investing. Learn more at https://goodegginvestments.com/

Share your thoughts with us: media@millionacres.com.

Episode #33: Land Investing with Noah Berkson of CashRent Apr 06, 2021

Show notes

In this episode, Millionacres editor Deidre Woollard sits down with Noah Berkson of CashRent. Noah is an entrepreneur who is creating a platform to bring landowners and people looking to rent farmland together.

CashRent wants to improve the renting process between landowners and farmers. Its algorithm calculates rent based on yield output, soil data and other factors and they are able to increase lease revenue by 26.5%. They are applying data and technology to disrupt what has been a mostly handshake business. Learn more at www.cashrent.com.

Share your thoughts with us: media@millionacres.com

This episode is sponsored by https://www.equitymultiple.com/.

Timestamps

0:00 Introduction to Noah Berkson

1:20 How Noah became part of CashRent

2:33 Noah's previous business in property analytics

3:20 How drones play out in agriculture

4:30 Farming land supply and demand?

5:50 Does farming have an aging problem?

7:05 How CashRent reached out to the farming community

8:15 How CashRent's auction model works

9:50 Why will a landowner choose a bid that isn't the highest?

11:55 How does CashRent determine fair market value?

13:29 What has the feedback been on CashRent's estimates?

15:01 Does CashRent work for raw land?

16:53 What is the vetting process like?

19:25 CashRent's seed funding round

22:45 Venture capital and agtech

24:28 Farmland's contribution to building a better future

26:02 The consolidation of farmland

27:47 Buying farmland

30:10 Financing for farmland

Episode #32: Buying Your First Rental Property with Rentals to Wealth Mar 30, 2021

Show notes

In this episode, Millionacres editor Deidre Woollard interviews Lauren and Kyle Clugston of Rentals to Wealth. This young couple are active real estate investors in New Jersey started with a househack and are slowly building their real estate empire.

Today's guests are Kyle and Lauren Clugston, of Rentals to Wealth are here to share their journey with us and inspire prospective rental property investors to take action. They are really focused and cautious and show that you don't have to be a big risk taker to make money in real estate. Follow their journey at www.rentalstowealth.com.

Share your thoughts with us: media@millionacres.com

Timestamps:

0:00 Introduction

1:20 Starting slowly in real estate

3:00 Househacking

4:09 BRRRR Method

6:06 The perfect BRRRR

6:38 Sharing numbers publicly

7:55 Doing your own repairs

9:15 Learning to do repairs

10:15 Finding your first house hack

11:22 Buying a HUD foreclosure

12:10 The anxiety of buying a first house hack

13;35 When to turn over repairs to subcontractors

15:15 Using direct mail to find properties

16:50 Driving for dollars

18:00 How to find property information

19:15 The power of an investing club

22:08 Getting over analysis paralysis

25:45 How to get to the next level

27:35 Using different forms of financing

29:19 Finding private money

31:00 Learning to delegate

34:41 Structuring investments

35:50 Tips for tenant screening

37:45 The value of inspections

41:01 Buying older houses

42:50 Renovating as a couple

Episode 31: Renovation 101 with Raf Howery and Ralph McLaughlin of Kukun Mar 23, 2021

Show notes

In this episode, Millionacres editor Deidre Woollard talks with Raf Howery and Ralph McLaughlin of Kukun about the current remodeling boom and how investors can make smart renovation decisions.

Today's guests are Raf Howery and Ralph McLaughlin of Kukun. Raf is the CEO and co-founder of Kukun and Ralph is the Chief Economic Advisor. Kukun is designed to be a resource for homeowners and anyone looking to improve a property. Learn more at www.mykukun.com.

Share your thoughts: media@millionacres.com

Timestamps:

0:00 Introduction

1:30 The current inventory crisis

3:50 Aging of homes in America

6:30 Most popular home improvement projects

8:00 Is the open floor plan over?

10:45 Rising interest in pools and outdoor kitchens

11:20 How to avoid over improving

14:30 What remodelers need to know home insurance

19:45 Renovation permit data and what it tells us

22:12 What to know about hiring contractors

26:40 Why is it so hard to find contractors?

29:10 The rise of YouTube DIY

31:15 Financing a remodel

34:55 Sustainability in real estate

38:13 Estimating future costs

41:15 How to use Kukun

Episode 30: The Future of Residential Real Estate with Nick Bailey, CCO of RE/MAX Mar 16, 2021

Show notes

In this episode, Millionacres editor Deidre Woollard talks with Nick Bailey, Chief Customer Officer of RE/MAX about the current hot real estate market, the future of real estate agents, iBuying, and real estate disruption.

Nick Bailey, the Chief Customer Officer of RE/MAX. Nick has had a really interesting career in real estate. He's a licensed real estate broker with over two decades of experience and first joined RE/MAX back in 2001. He's also worked at Trulia and Century 21 so he has seen a variety of different perspectives inside real estate. Guided by his expert insight into the real estate industry, Nick helps Broker/Owners maximize the advantages, tools and services available to them.

Share your thoughts: media@millionacres.com

Timestamps:

0:00 Introduction

1:20 The current real estate cycle

2:33 The low inventory problem

4:01 How can we unlock inventory

6:29 Displaying buyer agent commission

7:50 Understanding real estate cycles

9:44 The rise of iBuying

11:25 Zestimates and AVMs

12:48 Understanding the Millennial buyer

15:25 Raising homeownership rates among different groups

19:35 Motto, Re/Max's mortgage franchise

21:05 Owning the complete transaction

22:00 Using video to boost company connection

24:08 When will real estate conferences returns

27:37 What the real estate market is looking like internationally

29:30 Training the agent of the future

32:03 Moving from agent to broker

33:30 Re/Max and technology acquisitions

35:00 What Re/Max shareholders need to know

35:55 Real estate disruption

38:00 Private and pocket listings

39:44 Advice for real estate investors

Episode #29: Agtech with Kit Barron, FarmTogether Mar 09, 2021

Show notes

In this episode, Millionacres editor Deidre Woollard talks with Kit Barron, Head of Automation & AI at FarmTogether about agriculture, farm technology, investing in farmland, and the future of how people will eat.

Kit Barron is the Head of AI and Automation at FarmTogether, one of the companies in the farmland investing place. Kit's focus is on leveraging technology to shape the future of food and agriculture. He spent six years at the Climate Corporation, where he helped build the world's leading AgTech platform, and has also worked at the CapLog Group, Grupo Bimbo and Harvard's Rockefeller Center for Latin American Studies. Learn more at FarmTogether.com.

Share your thoughts: media@millionacres.com

Timestamps:

0:40 Introduction to Kit Barron

1:54 What is agtech

5:20 Understanding agricultural biomes

6:40 Changes in farming equipment

8:10 Automating the harvesting process

12:01 Why Kit was drawn to agtech

15:20 How changes in diet may impact the future of agriculture

17:50 Drought and climate change

19:40 Universities and advances in agriculture

23:10 What FarmTogether does

26:18 the tech stack for farming

28:45 weather and farming

31:25 Farming and ESG

33:22 Apple trends and farming

34:44 GMOs, breeding, and CRISPR

38:20 An international view of farming

44:10 Exit strategies at FarmTogether

Episode #28: Real Estate Tax Incentives with Blake Christian Mar 02, 2021

Show notes

In this episode, Millionacres editor Deidre Woollard talks with Blake Christian of HCVT about opportunity zones and other real estate tax incentives that both developers and investors can use.

Blake Christian has over 40 years of experience providing tax consulting and compliance services to a wide variety of clients. Blake specializes in federal, state, and local tax incentive programs. He is a CPA and he and the HCVT OZ Team have been involved in the formation of over 100 Qualified Opportunity Funds and Qualified Opportunity Zone Businesses. They have also advised hundreds of other investors and professionals regarding the complexities of formation, operation, semi-annual testing and restructuring of QOFs and QOZBs. Learn more at https://www.hcvt.com/people-Blake-Christian.
Questions? Email media@millionacres.com
Timestamps:
00:00 Introduction

01:03 Guest Introduction

01:50 Kinds of people investigating Opportunity zones

02:35 Type of investments among clients

03:57 IRS policy updates

04:32 Basis clarification

07:18 Clarifying opportunity zone projects

09:12 Opportunity zone incentives

12:50 Capital gain deferment

14:04 Difference between qualified opportunity businesses and funds

15:13 Rules on qualification process

18:26 Clients looking opportunities

19:27 Seeing more interest in urban areas

20:58 Projects in rural areas

24:16 Tax incentives for developments

27:38 Developer interest in housing

29:45 Tax incentives for green initiatives

31:00 Tax incentives in California

33:15 Program changes and advocacy groups

35:00 Covid impact

36:01 Criticism around opportunity zones

38:23 Hopes for program future

40:36 Program changes in legislation

Episode #27: Real Estate Syndication with Lane Kawoaka of Simple Passive Cash Flow Feb 23, 2021

Show notes

In this episode, Millionacres editor Deidre Woollard talks with Lane Kawaoka about his work in real estate syndication and how he built a real estate empire that allowed him to give up his career as an engineer.

Lane is a former civil and industrial engineer. His investing career began with single family rentals around the United States. He now invests in syndications which invest in Class C & B Multi-Family Apartment, RV Parks, mobile homes, and assisted living facilities. He shares the Millionacres passion of making real estate investing understandable for everyone. Learn more at https://simplepassivecashflow.com.

Questions? Contact us at media@millionacres.com
00:00 Introduction

00:49 Guest Introduction

1:17 Journey to real estate

2:31 Leaping from rentals to syndication

05:58 Tips for saving and frugal living

07:52 Bad luck in early syndication deal

10:55 How important do you think ethics are in investment deals?

12:09 Due diligence

15:37 Is passive investing a misnomer?

18:08 Setting up deals as a limited partner

22:55 Getting into syndication deals

26:15 Evaluating deals