The Multifamily Wealth Podcast

Excited to release this week’s episode with Eric Schmid, a young investor based in Minneapolis, MN. At the young age of 25, Eric and his partners have amassed a portfolio of over 80 units (with another 42 under contract)!Similar to a lot of investors, Eric entered the world of real estate by buying a duplex and since then, has been able to grow a sizable portfolio by focusing on direct-to-seller marketing and creative financing. In today's episode, we discuss Eric's strategies to personally connect with sellers, how to dial in your direct-to-seller marketing efforts, and how you can bring less cash to closing. He also shares what he has learned while scaling his portfolio, as it relates to asset management and working with property managers. Eric was able to grow his portfolio in a short amount of time using these strategies - tune in!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.Highlights of the Episode:0:02:58 - Eric talks about his background and how he started in real estate.0:04:50 - Eric talks about his partners and what the business looks like today.0:07:10 - We learn more about each partner’s role and what makes their partnership successful.0:09:31 - Eric shares what he focused on to grow a portfolio of what is soon to be nearly 120 units in just a couple of years.0:19:35 - We discuss the technology and infrastructure Eric uses to consistently contact sellers.0:25:50 - We learn more about how Eric and his partners finance their deals.0:26:51 - Eric talks about seller credits and seller carrybacks.0:30:23 - Eric shares what they do to manage their assets and properties and what they learned from working with property managers.0:35:36 - Eric shares one piece of advice he would give himself before starting his real estate business.0:38:04 - Eric shares his most significant business-related failure and what he's learned from it.0:40:55 - Eric shares one skill or trait he attributes his success to.0:42:35 - Adam talks about his short-term goals.Connect with ERIC SCHMID:Instagram: https://www.instagram.com/ericschmid/?hl=enConnect with Axel:Follow him on InstagramConnect with him on LinkedinLearn more about Aligned Real Estate Partners

In this week's episode, I'll be talking to Adam Balsinger of the Investor Boardroom - Adam is an experienced house flipper, wholesaler, and multifamily investor who has raised millions of investor capital.In 2012, Adam began his career in real estate by flipping and wholesaling single-family homes. Eventually, he decided to get into multifamily and began raising capital from investors. In this episode, we talk about running a business with intention, working with property managers, challenges to expect when scaling your portfolio, and the blueprint for how you can become a magnet for private capital. Adam has built a portfolio of 330 units using these strategies - give it 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.Time stamps:0:00:13 - Axel introduces guest Adam Balsinger. 0:04:16 - Adam shares how he started in real estate and what his business looks like now.0:08:17 - Adam discusses the steps he took to scale his business.0:10:50 - We discuss property managers and why they are so important.0:13:19 - Adam discusses his experience with property managers and what he has learned from them.0:18:46 - Adam shares some of the challenges he faced when building his portfolio.0:24:28 - Two lessons Adam learned from large deals: It's never too early to start raising capital and you always need to be raising capital.0:32:35 - Adam talks about how his business has evolved as it relates to raising capital0:39:41 - Adam answers "How do you become a magnet for private capital?"0:51:30 - Adam's thoughts on building a business with intention.0:55:16 - One piece of advice Adam would give himself before starting his real estate career.0:56:24 - Adam shares his most significant business failure and what he's learned from it.0:58:27 - Adam shares a trait that he attributes his success to.1:00:43 - Adam talks about his short-term goals.Connect with Adam:https://www.linkedin.com/in/adambalsingerhttps://www.instagram.com/realestateadam7/?hl=enhttps://investorboardroom.com/https://www.youtube.com/channel/UC1YwkHlELY8iTbd9UcWVFaAConnect with Axel:Follow him on InstagramConnect with him on LinkedinLearn more about Aligned Real Estate Partners

Are you training yourself to think in longer time periods? Stop focusing on the results you see on a week-to-week basis - think about the actions required on a daily basis to drive results in 2, 3, 5, and 10+ years. I've been personally focusing on this and running my business has become significantly less stressful!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

This week's episode is a quick solo one - I wanted to hop on and quickly discuss the importance of identifying and understanding your competitive advantage (as it relates to growing your business).Deeply understanding how you can leverage the tools, resources, and people at your disposal is critical and I don't think people reflect upon their situation often enough... what are you good at? Who is in your network that puts you at an advantage? In what segment of the business are your skills best applied? What is your EDGE?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, I am chatting with Logan Freeman - a commercial real estate investor, developer, broker, and the founder of FTW Investments. Logan’s story is incredible - he transitioned into the world of real estate after a brief career in the NFL and has built an absolutely incredible business.In 2018, Logan learned the business through working as a broker, successfully transacting over 80 deals. Eventually, Logan moved to the ownership side of the business and began purchasing large multifamily assets with his partners and investors. In 2021, his company purchased nearly $100 million in commercial real estate. We discuss the importance of identity, how he has grown his business, and how he has found deals. We also discuss the overall economic picture and why it's important to fundamentally care about economics at the macro level. This is a killer episode - don’t miss it.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.Highlights of the Episode:4:38 - Logan shares his background and how he gets into real estate9:32 - Logan talks about all of the different roles he has held in the real estate business, such as working for a private equity fund, as a broker, and what he is currently doing15:59 - We discuss the importance of identity and how logan has developed his24:19 - Logan shares how his company is finding deals and what his firm is focusing on now34:26 - Logan shares his take on the importance of self-education, understanding previous market cycles, and understanding what’s happening in the economy at a macro level44:11 - We hear what advice Logan would give himself before starting his real estate career45:37 - Logan shares his most significant business-related failure and what he learned from it47:14 - Logan shares a trait that he attributes his success to48:54 -  Logan talks about his short-term goalsConnect with Logan Freeman:https://www.linkedin.com/in/livefreeinvestmentshttps://www.livefreeinvestments.com/meet-loganhttps://www.facebook.com/LiveFree-Investments-309569706511622https://www.youtube.com/channel/UCwo-akcaV3pwZ4fMtX0Ygswhttps://twitter.com/LiveFreemanBlogConnect with Axel:Follow him on InstagramConnect with him on LinkedinLearn more about Al

In this week’s episode, I’m chatting with Suzy Sevier and Michael Barnhart, the couple behind Adventurous Real Estate Investors. These two learned about multifamily real estate just a couple of years ago and have taken insane action since then, to the tune of building a portfolio of 388 units in the last 18 months! We discuss how they were able to raise capital, how they developed their brand, and most importantly, how their mission builds trust with investors and has accelerated their growth.Content creation and telling your story is so critical and Michael and Suzy have absolutely crushed this side of the business - this is an episode that is value-packed and will offer numerous tips that you can tactically implement in your business. Raising capital oftentimes isn’t about numbers… It's about what we talked about in this 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.Highlights of the Episode:4:01 - Suzy and Michael share how they learned about real estate and the challenges that came with getting into the business while living abroad. 6:56 - Michael talks about the first steps they took when they get into the business, namely attending conferences. 12:57 - Suzy talks about the first deal they did, how they were finding investors, and the importance of content creation when raising capital.16:51 - Suzy talks about how often she posts on social media and why this process is so important.19:01 - Michael talks about how you can find what topics to talk about and what content investors care about seeing. 22:16 - Suzy shares how they developed their story and mission, and how they encourage others to impact themselves, their families, and their communities.32:44 - Suzy talks about how important it is to figure out your “why” and to develop a “vivid vision”, both, as it relates to growing your own business but also as it, relates to raising capital.35:46 - Michael and Suzy talk about the piece of advice they would give themselves before starting their real estate career37:22 - Michael and Suzy share the best decision they made in their career.39:09 - They talk about a skill/trait that they would attribute their success.41:08 - Michael and Suzy talk about their short-term goals.CONNECT WITH SUZY AND MICHAELWebsite: https://adventurousrei.com/Instagram: https://www.instagram.com/adventurous.rei/Facebook: https://web.facebook.com/adventurousREI?_rdc=1&_rdrLinkedIn:  https://www.linkedin.com/company/adventurous-real-estate-investors/about/YouTube: https:

When I'm speaking with investors who are interested in learning more about investing in one of our deals, I find I'm asked a few questions very frequently.  I figured I would do a solo podcast to address them - feel free to use the time stamps below to skip to questions you'd like answers to!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.Timestamps:2:15 - Who can invest in real estate syndications?5:26 -  Can I invest with my retirement account?7:00 - What will my return on my investment be?10:15 - What is my downside risk?12:00 - How often are distributions sent/how are they sent?13:11 - Can I get my money out if I need to access it?14:32 - How is investing in syndication as a limited partner different than investing in a REIT?16:57 - How are most deals actually structured, both legally and economically?20:44 - What does the investment process actually look like, in terms of timelines, documents, etcConnect with Axel:Follow him on InstagramConnect with him on LinkedinLearn more about Aligned Real Estate PartnersDownload our eBook, "The 8 Reasons Why Busy Professionals Benefit From Passively Investing in Real Estate"

In this episode, I bring back the first guest I ever had on the podcast, Chris Grenzig! A lot of things have changed in Chris’ life and business since he was first on the podcast… he moved to Jacksonville, founded his company (JAG Communities), and has bought numerous mid-sized multifamily properties. In this episode, Chris talks about why he struck out on his own, moved to FL, and how he began putting together deals.. He also discusses some motivating factors and some of the challenges that he has encountered thus far - this is a great episode for those looking to learn more about how you can begin acquiring 20+ unit multifamily properties, especially if you are looking to build a vertically integrated business.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.Highlights of the Episode:4:04 - Chris shares a bit of his background and gives an update on what’s been going on since he was last on the podcast9:09 - We get into what Chris learned from his previous role and how he applied it while growing his current business12:59 - We talk about what motivated Chris to move to Jacksonville and start his own firm19:28 - Chris shares some of the challenges he has encountered thus far26:13 - Chris discusses how he looks at opportunities, deals, and goals38:32 - Axel asks what is one piece of advice before starting on real estate career38:47 - Chris shares a piece of advice he would give himself before starting his real estate career39:59 - Chris talks about his most significant business-related failure and what he learned from it42:43 - We talk about a skill/trait that Chris would attribute his success to44:00 - Chris shares awesome of his short-term goalsCONNECT WITH CHRIS:https://www.linkedin.com/in/chris-grenzighttps://web.facebook.com/GrenzigChris/?_rdc=1&_rdrhttps://www.instagram.com/chris.grenzig/?hl=enhttps://www.youtube.com/c/ChrisGrenzighttps://twitter.com/chrisgrenzig?lang=enConnect with Axel:Follow him on InstagramConnect with him on LinkedinLearn more about Aligned Real Estate Partners

With us this week on The Multifamily Wealth Podcast is a well-known multifamily broker from Central and Northern Florida, Beau Beery. He is one of the highest-performing brokers in the multifamily sector and is also the author of “Multifamily Investors Who Dominate”, where he dives into what separates the truly successful multifamily investors from the rest of the field. In this episode, we have a thorough discussion regarding relationship building, working with brokers, and becoming a great buyer client. Beau shares the importance of having a systematized process when it comes to building relationships, as well as the importance of building a credibility kit you can share with the marketplace. This is an extremely tactical episode that you need to listen to if you’re actively working with brokers or want to develop better relationships with people in your network.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.Highlights of the episode:3:22 - Beau shares his background, how he get into real estate, and how he drew himself into the brokerage business7:53 - Beau shares why he became a broker and how it ties into his risk tolerance. 9:34 - He discusses how brokers inherently have a conflict of interest with clients if they are also buying in the marketplace.13:53 - Beau shares his opinion on the FL market right now, where he sees it going, and where he sees upcoming opportunities.20:58 - We discuss how investors should be prospecting for deals.24:52 - Beau defines the difference between elite and average investors and what separates them.30:46 - Beau shares how he uses CRMs to systematize his relationship-building and how the listeners can do the same39:01 - Beau shares how buyers can separate themselves in today’s market and how we can be more competitive with our offers.47:42 - We talk about why keeping your criteria broad enough to not miss opportunity is important48:48 - He shares one piece of advice before starting your real estate career50:31 - Beau talks about the best decision he has made in his real estate career.52:37 - Beau shares one skill/trait that he attributes his success to.CONNECT WITH BEAU:https://beaubeery.com/https://www.youtube.com/beauknowsmultifamilyhttps://www.instagram.com/beaubeerygville/https://www.linkedin.com/in/beauknowsmultifamily/https://www.tiktok.com/@beauknowsmultifamilyhttps://www.facebook.com/BeauKnowsMultifamilyhttps://twitter.com/BeauBeery

Yes, that's a clickbait title but hear me out - more debt (if it means you have more reserves!) might actually be a better position to be in if the market goes sideways. Cash is oftentimes more valuable than equity!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