The Multifamily Wealth Podcast

Great episode this week with Jason Stubblefield, where we talk about how he overcame a tough upbringing, his background in the military, how he found real estate, and why he invests in affordable housing.In this episode, Jason discusses his first few single-family deals and why he decided to move into multifamily. We learn about his first deal, a 34-unit apartment complex, and the challenges Jason overcame in executing his business plan. Lastly, Jason shares why he and his partners invest in affordable/LIHTC properties and how he overcomes the challenges of owning these types of properties.Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.Are you looking to invest in real estate but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners partners with passive investors looking for the returns, stability, and tax benefits investing in real estate offers, but not the work - join our investor club to be notified of future investment opportunities.Show notes:-Jason talks about his background and his first few deals-We discuss the challenges that come with investing in single-family properties-We talk about Jason’s first deal: A 34-unit apartment complex-Jason elaborates further on the first deal and the challenges and lessons he learned from it-We talk about Jason’s experiences with mentorship and why learning from others is so critical-Jason shares how he was able to close his first deal (debt, capital, etc)-What Jason learned from raising capital on his first deal-We dive into affordable housing and why Jason and his partners focus on the asset class-Jason's thoughts on affordable housing and his philosophy behind it-Possible reasons for the lack of affordable housing-We talk about Jason’s experiences as a veteran and the skills he took to real estate-Jason’s piece of advice to himself before starting his real estate career-We discuss Jason’s most significant business-related failure and what to learn from it-We talk about a skill/trait that Jason attributes his success to-Jason shares his short-term goalsConnect with Jason:http://jasonstubblefield.com/Connect with Axel:Follow him on InstagramConnect with him on LinkedinLearn more about Aligned Real Estate Partners

This week we're joined by the charismatic Sterling White to share his incredible story, where he escaped a rough neighborhood and built a massive real estate business.We discuss what steps Sterling took to attain 150+ single-family rentals and 500+ units. We talk about dealing with adversity and maintaining resilience as you endure hardships in business and life. We also discuss working with partners, going direct to sellers to buy multifamily properties, and developing systems to streamline your business operations.Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.Are you looking to invest in real estate but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners partners with passive investors looking for the returns, stability, and tax benefits investing in real estate offers, but not the work - join our investor club to be notified of future investment opportunities.Show notes: -Sterling talks about his story, growing up in a rough neighborhood in Indiana, and how he discovered real estate-We talk about Sterling’s first few deals, as well as early partnership experiences-Sterling talks about how he built a portfolio of 150 SFRs in just a few years-Why Sterling decided to pivot to multifamily -Current strategies Sterling is implementing-We get Sterling’s take on raising capital and handling deals-Sterling talks about systems he uses for effective management-We learn how Sterling deals with adversity-What advice Sterling would give himself before starting his real estate career-We talk about Sterling’s significant business-related failure and what to learn from it-We discuss the skill & traits of Sterling to which he attributes his success from-Sterling’s goals in the next 6 - 12 monthsConnect with Sterling:https://sterlingwhiteofficial.com/https://www.youtube.com/c/SterlingWhiteRealEstateConnect with Axel:Follow him on InstagramConnect with him on LinkedinLearn more about Aligned Real Estate Partners

This week, we have a repeat guest! Michael Ketchen (episode #3), joins the show to discuss how he built a $35M+ multifamily portfolio, very quickly, by leveraging the BRRRR strategy. Mike is a former teacher with an incredible story... he, his partner Matt, and his wife Hannah are a true representation of the American Dream. In this episode, we discuss creating value through operations, buying great multifamily deals, and buying luxury Airbnbs.Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.Are you looking to invest in real estate but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners partners with passive investors looking for the returns, stability, and tax benefits investing in real estate offers, but not the work - join our investor club to be notified of future investment opportunities.Show notes:-Mike discusses his background as a teacher/dean of students, and how he found real estate-We discuss Mike's first deal and how he leveraged the BRRRR model- We discuss interest rates, property values, buying criteria, and all the anxiety in the marketplace-Mike and Axel discuss the unique asset management and operational strategy that Mike and his team leverage to create value and gain an edge over competitors -We share our tips about mitigating risks & implementing renovations in properties -Michael and Axel discuss the reasons behind the housing shortage-Michael and Axel continue to discuss asset management-We talk about the risks, performance, and further goals of Mike's Airbnb strategy-The potential of turning apartments into Airbnbs and comparisons to the multifamily modelConnect with Michaelhttps://www.instagram.com/mketchen/https://www.cc-rei.com/Connect with Axel:Follow him on InstagramConnect with him on LinkedinLearn more about Aligned Real Estate Partners

On today's show, I'm speaking with Michael Wayne, a young developer who is building multifamily properties throughout the Detroit metro. Most investors start their career in real estate by buying existing assets, whereas Michael and his partner jumped right into ground-up development!In this episode, we talk about how Michael was able to raise the capital to take down this project, how he learned the fundamentals of real estate development, and how investors can begin developing multifamily properties. Michael also gives the listeners a crash course on developing multifamily properties, where he discusses, zoning, entitlements, common pitfalls, timelines, etc - everything you'll need to know if you're looking to develop a firm understanding of real estate development.Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.Are you looking to invest in real estate but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners partners with passive investors looking for the returns, stability, and tax benefits investing in real estate offers, but not the work - join our investor club to be notified of future investment opportunities.Show notes:-Michael talks about his upbringing in Michigan, where he went to school, and his early career-We discuss Michael’s first deal and how he navigated the risks and challenges that come with ground-up development projects-We talk about a fundamental step: talking to the city and getting to know its processes and requirements-Michael talks about a deal that went awry in the suburbs of Detroit and the final processes of getting approval from the city-Michael and I discuss the construction process & the reasons behind the housing shortage-Michael shares how he was able to raise $1.8 million for his first development project-Michael and Axel talk about the risks associated with construction-Michael and Axel discuss key traits to look for in a good development site-We elaborate on the rules & regulations behind building & developing-Michael’s piece of advice to himself before starting his real estate career-We discuss Michael’s most significant business-related failure and what he learned from it-We dive into the specific skill & trait of Michael to which he attributes his success from-Michael’s goals in the next 6 - 12 monthsConnect with Michaelhttp://detroitriversidecapital.com/https://www.instagram.com/multi_fam_mike/michael@detroitriversidecapital.comConnect with Axel:Follow him on InstagramConnect with him on LinkedinLearn more about Aligned Real Estate Partners

In this solo episode, I discuss the four ways we're mitigating risk as we continue investing in multifamily real estate amidst the rapidly changing market environment.Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.Are you looking to invest in real estate but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners partners with passive investors looking for the returns, stability, and tax benefits investing in real estate offers, but not the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedinLearn more about Aligned Real Estate Partners

Great episode this week with Dante Belmonte, who is a broker, syndicator, and the man behind the well-known "MultifamilyMadness" Twitter account. Dante began his career in real estate in the brokerage world and is still actively brokering deals in upstate NY. As he was growing his brokerage business, he began seeking value-add multifamily deals. He began purchasing assets throughout North Carolina and raised over $1M for his first deal!In this episode, Dante and I discuss the rising interest rate environment and how we're now underwriting and evaluating deals. We also talk about building deal flow, working with brokers, and raising capital for your first deal. Additionally, we discuss Dante's Twitter account and how he leverages his following to grow his business. This is a great episode!Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.Are you looking to invest in real estate but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners partners with passive investors looking for the returns, stability, and tax benefits investing in real estate offers, but not the work - join our investor club to be notified of future investment opportunities.Show notes:-We learn about Dante's background and how he got into real estate-We talk about how Dante broke into the syndication world and the first deal he’s ever done -Dante and Axel talk about working with brokers, finding investors, and tips for young & new investors -We talk about the tools/software Dante uses to build his investor database-Dante and Axel talk about the state of the multifamily business-We talk about how Dante and his team closed a multifamily transaction in 27 days (!!) -We talk about Dante’s Twitter persona & the benefits of being active in that space, content & memes included-What advice Dante would give himself before starting his real estate career-We talk about Dante’s most significant business-related failure and what he learned from it-We learn what skill/trait Dante would attribute his success to-We talk about Dante’s goals in the next 6 - 12 monthsConnect with Dante:https://victorycapgroup.com/Dante@VictoryCapGroup.comhttps://www.instagram.com/dantebelmontehttps://twitter.com/dantebelmontehttps://twitter.com/MultifamilyMadConnect with Axel:Follow him on InstagramConnect with him on LinkedinLearn more about Aligned Real Estate Partners

For the 100th episode on the pod, I wanted to do something a bit different. In this episode, I'm interviewed by a friend of mine, Ryan Weiss, about how I've built my business over the last 6+ years. We talk about how I got into real estate, the importance of building momentum when starting a business, how I quickly built a portfolio, and why we began raising investor capital.We touch on both the tactics and strategies I've used to grow the business, such as consistently finding off-market deals, leveraging private capital, and why it's so critical to embrace delegation early. We also discuss the current state of the market and how we're changing our strategy as we handle changes in interest rates, pricing, and buyer demand.Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.Are you looking to invest in real estate but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners partners with passive investors looking for the returns, stability, and tax benefits investing in real estate offers, but not the work - join our investor club to be notified of future investment opportunities.Show notes:-Axel discusses his early side hustles and how he got into real estate-We learn more about Axel's first deal and how he began scaling his business-Axel dives into how his business grew from 2016-2020 and how he pivoted when the pandemic hit -Axel shares how he broke into the central Florida market and how he structured deals with investors-We discuss Axel's first deal in FL, a 16-unit multifamily property-Ryan and Axel discuss how handling and coordinating multiple deals at the same time can become challenging-Ryan & Axel talk about finding deals off-market via Craigslist and working with partners-We talk about Aligned Real Estate Partners, operations, and how Axel is growing his team -Why you should hire a virtual assistant!-Ryan asks Axel about his 'why' and the motivation behind growing a business-Axel shares a piece of advice he'd give himself before starting his real estate career-We learn about Axel’s most significant business-related failure and what he learned from it -We learn why you need to be ready and willing to take risks if you want to grow-Axel shares his 6-12 month goals and how he's operating his business amidst all of the current market uncertaintyConnect with Ryan:www.bluedoorliving.orgryan.weiss@bluedoorliving.orgConnect with Axel:Follow him on InstagramConnect with him on LinkedinLearn more about Aligned Real Estate Partners

If you're crazy enough to have been a repeat listener (let alone a longtime listener) of the podcast - thank you! Additionally, to anyone who has reached out and shared something you've learned from the show, I greatly appreciate it - it's positive feedback that has kept me motivated to continue producing episodes.Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.Are you looking to invest in real estate but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners partners with passive investors looking for the returns, stability, and tax benefits investing in real estate offers, but not the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedinLearn more about Aligned Real Estate Partners

In this week’s episode, we're joined by an Iowa-based investor, Drew Coffin. Drew has quickly built a massive portfolio by focusing on the fundamentals: finding great deals, creatively structuring them, and operating them well. He started in late 2017 with the purchase of a duplex and has since grown to 700+ units!We learn about how Drew became interested in the real estate business, his early career in property management, and how he was able to scale his business so quickly. We discuss the importance of collaborating with partners, buying deeply discounted deals, and how a background in property management can be so helpful when growing a multifamily business. Drew is a relatable guy with a great story, give this episode a listen!Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.Are you looking to invest in real estate but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners partners with passive investors looking for the returns, stability, and tax benefits investing in real estate offers, but not the work - join our investor club to be notified of future investment opportunities.Show notes:-Drew talks about how he found the real estate business, his early career in property management, and his first few deals.-We talk about Drew’s first deal and how he was connecting with sellers over Craigslist-We discuss the importance of developing great relationships with banks and how he used second mortgages to take down deals.-Drew shares some unique financing strategies and some of the larger deals he purchased.-Drew and Axel share their similar experiences and delve deeper into their relationships with lenders and how to strengthen them-We learn more about how Drew is sourcing deals off-market-We talk about structuring offers, presenting offers, and key negotiating strategies-Drew and Axel discuss how important it is to share the underwriting when providing feedback to a seller-Drew shares his go-to resources and technology  -We discuss Drew’s most significant business-related failure and what to learn from it-Drew shares his best advice for anyone new to real estate-We learn more about what Drew is looking to do in the next 6-12 monthsConnect with Drewwww.instagram.com/drewjcoffin(319) 531-0838Connect with Axel:Follow him on InstagramConnect with him on LinkedinLearn more about Aligned Real Estate Partners

This episode is to challenge the "perma-hold" investors that believe selling is short-sighted (and all the money/upside in real estate comes when you hold indefinitely)...If your goal is to rapidly build a portfolio and grow your net worth, you need to constantly be chasing the highest and best returns on your cash - holding isn't the way to get there. Buy, create value, exit, redeploy cash, repeat.Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.Are you looking to invest in real estate but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners partners with passive investors looking for the returns, stability, and tax benefits investing in real estate offers, but not the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedinLearn more about Aligned Real Estate Partners