Jilliene Helman, CEO of Realty Mogul, discusses the origins of real estate crowdfunding post-JOBS Act, challenges in scaling the platform, impacts of COVID-19 on investments, and future trends. Insights on fixed vs. floating rate debt, sustainable business models, and advice for entrepreneurs.

📌 Check out Aleksey’s Substack HEREIn this episode of the Apartment Investors Podcast, host Jonathan Twombley interviews Aleksey, an advisor dedicated to assisting Limited Partners (LPs) in the real estate investment realm. Aleksey shares insights on the importance of due diligence for LPs before entering deals, highlighting the significance of understanding execution capabilities, alignment of interests, and the specifics of the property being invested in. He introduces a 'three pillar framework' for evaluating investments and discusses common pitfalls and misunderstandings LPs might have about the investment process. The conversation also touches on the ethical considerations and transparency required from General Partners (GPs) in presenting their deals to potential investors. Furthermore, Alexi gives advice on how GPs can effectively communicate and present their deals, underscoring the importance of honesty and clear depiction of past deal performances. This episode aims to bridge the gap in understanding between LPs and GPs, providing valuable advice for making informed investment decisions in the multifamily real estate market. 🖋️ Some key points:  (00:28) A Different Perspective: Advising LPs in Real Estate (00:54) Unpacking Deals: The Role of an Advisor (03:04) The Three Pillar Framework for Evaluating Investments (04:50) The Importance of Trust and Transparency in Investments (06:40) Communicating Challenges: A Guide for GPs (13:05) The Power of Honesty in Fundraising (18:15) Who Seeks Investment Advice? Understanding the Clientele (21:25) Navigating Capital Calls: Insights and Strategies (22:55) Market Distress and Real Estate Trends (24:46) The Genesis of a Unique LPA Advisory Service (27:13) Rapid Growth and the Power of Social Media (30:17) The Art of LP Investing: Lessons and Mistakes (33:27) Advising GPs and Maintaining Independence (39:25) Final Thoughts and Advice for LPs 📑More about Aleksey Chernobelskiy Aleksey Chernobelskiy advises limited partners (“LPs”) on existing and future investments. He writes weekly to 3,000 investors at LPlessons.substack.com to explain how to properly vet and think about LP investments in the grand scheme of their portfolios. Aleksey also helps General Partners on matters relating to LPs, such as capital calls or feedback on investment decks. Prior to advising LPs, Aleksey ran STORE Capital’s $10 billion commercial real estate portfolio and oversaw the firm’s underwriting team. Aleksey graduated from University of Arizona with a quadruple major – Finance, Mathematics, Economics, and Accounting. Recommended articles: Top 15 syndication mistakes - https://lplessons.substack.com/p/top-15-syndication-mistakes 26 questions to ask your GP -  https://lplessons.substack.com/p/26-questions-to-ask-your-gp Do sunk costs matter in capital calls? - https://lplessons.substack.com/p/do-sunk-costs-matter-in-capital-calls 🌎Reach out to Aleksey Chernobelskiy LinkedIN https://www.linkedin.com/in/chernobelskiy Twitter 🌎Reach out to Jonathan Twombly LinkedIn: https://www.linkedin.com/in/jonathandtwombly Loved this episode? Leave us a review and rating on Apple podcasts by clicking here. 🔅 Previous Episodes on Apartment Investor’s Club Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton Hotel Conversions To Multi Family Housing With David Peters 🎤 Podcast post-production by EZPZ Podcasting

📌This week’s podcast episode features Anthony Walker, co-owner and Chief Investment Officer of Cornerstone. Initially selling popcorn door-to-door as a kid, Anthony evolved into a successful multifamily investor overseeing a portfolio worth approximately $170 million. He shares his journey and valuable insights into investing in multifamily properties. He highlights the importance of person-to-person interactions, the power of branding, and the idols who influenced his business philosophy. Anthony goes on to discuss how they utilise social media and email marketing to reach interested investors, as well as how Cornerstone prioritises building a sense of pride in the workplace and within the communities they manage. The episode concludes with Anthony’s advice to those smaller-scale real estate and start-up entrepreneurs to avoid over-planning and take action, learning through activities and expansion of operations, which according to him, is the most effective form of learning. 🖋️ Some key points: (01:01) Understanding Cornerstone: Anthony's Multifamily Private Equity Firm (02:30) The Importance of Business Partnerships in Real Estate (03:28) Anthony's Role and Responsibilities in Cornerstone (03:54) The Art of Raising Capital: Anthony's Approach (05:49) Building Trust and Relationships with Investors (06:23) The Power of Personal Connections in Attracting Investors (12:46) The Importance of Follow-ups and Keeping Relationships Warm (15:47) Investing in Coeur d'Alene, Idaho: A Unique Market (16:46) Investing in Emerging Markets: The Strategy (17:38) Why Invest in High-Growth, High-Quality Life Markets (19:08) Scaling Business in Limited Market Opportunities (19:46) Addressing Labor Challenges in Small Communities (23:06) Making Communities Attractive for Residents (24:45) The Journey from Popcorn Salesman to Multifamily Investor (32:15) The Power of Focusing on One Thing: Advice for Beginners (33:35) Connecting with Anthony: The Next Steps 📑More about Anthony Anthony’s expertise lies in the multifamily property management, acquisition, and financing domains, and he is responsible for the successful implementation of Cornerstone’s investment strategy in this market sector. He has extensive experience in financial analysis, asset management, underwriting, and transactional risk management. In addition to his client-facing investment responsibilities, Anthony also oversees the firm’s brand management, continuously pushing the company to be an industry leader.  Anthony graduated in the  top of his class from the University of Idaho’s J.A. Albertson School of Business where he earned degrees in Marketing and Finance. Before becoming CIO at Cornerstone, Anthony had a successful career as a Top Producing sales broker at Coldwell Banker Schneidmiller Realty, consistently ranking in the top 3% of agents worldwide.  Outside of work, Anthony’s passions include serving God, traveling, wake surfing, skiing, CrossFit, education, long walks, spending time with friends. 🌎Reach out to Anthony Walker LinkedIN https://www.linkedin.com/in/anthony-walker1 Cornerstone Commercial Investments https://cornerstonecommercialinvestments.com/ Instagram https://www.instagram.com/anthonywalker18/ 🌎Reach out to Jonathan Twombly LinkedIn: https://www.linkedin.com/in/jonathandtwombly Loved this episode? Leave us a review and rating on Apple podcasts by clicking here. 🔅 Previous Episodes on Apartment Investor’s Club Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton Hotel Conversions To Multi Family Housing With David Peters 🎤 Podcast post-production by EZPZ Podcasting.  

📌In this episode of the Apartment Investors Podcast, host Jonathan Twombley speaks with Levi Allen, a former potato farmer who transitioned into managing a real estate portfolio worth over a hundred million dollars in assets under management (AUM). Levi shares his journey from investing in smaller deals on his own to syndicating larger multi-million dollar deals. He discusses the importance of developing relationships with brokers, underwriting prudently, and having confidence in your abilities. Levi also emphasises that beginning investors should start investing in properties with their own money or with close family and friends before seeking to raise capital from other investors. The podcast underscores that there are many paths to success in real estate investing and provides valuable insights into Levi Allen's unique journey and strategies. 🖋️ Some key points:  (00:27) Guest Introduction: Levi Allen's Journey from Potato Farming to Real Estate (00:43) Levi's Current Real Estate Portfolio (02:02) Why Invest in Utah? Understanding the Market (03:00) Levi's Investment Strategy and Property Types (04:40) The Appeal of Newer Properties and Risk Assessment (07:43) Sourcing Deals and Building Broker Relationships (09:02) Raising Capital: From Family and Friends to a Wider Network (13:03) Levi's First Steps into Real Estate and Syndication (21:07) Breaking into the Utah Market and Raising Capital (24:30) Property Management and Building Trust with Stakeholders (25:46) Advice for New Investors and Reflections on Levi's Journey (28:55) Contact Information and Closing Remarks 📑More about levi Allen LEVI ALLEN is the Principal of Wealth Creation Asset Management, a real estate investment company that acquires residential multi-family properties. Levi studied Business at BYU- Idaho in 2012-2013 and 2015-2017 after returning home from a 2-year Church mission in Peru. He acquired his first property in 2012 and immediately developed a passion for the real estate industry. Levi has focused full-time on rental housing. He takes pride in his ability to identify opportunities, execute on his vision for the property, maximizing profitability and ultimately, delivering above average returns for his investors. As a principal, Levi has owned, and asset managed over 700 units worth over $100 million. He has disposed of three assets in the past 24 months and refinanced three assets. In addition to multi-family acquisitions and development, Levi’s family, the Allen Family own over 10,000 acres of farm and ranchland in eastern Oregon. 🌎Reach out to Levi Allen LinkedINWealth Creation Asset Managementlevi@wealthcreationmgt.com Instagram 🌎Reach out to Jonathan Twombly LinkedIn: https://www.linkedin.com/in/jonathandtwombly Loved this episode? Leave us a review and rating on Apple podcasts by clicking here. 🔅 Previous Episodes on Apartment Investor’s Club Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton Hotel Conversions To Multi Family Housing With David Peters 🎤 Podcast post-production by EZPZ Podcasting.

📌Check out “Thesis Driven” via Substack In this episode of the Apartment Investors Podcast, Brad Hargraves shares his insights into the ever-evolving landscape of real estate investing. Brad, a successful serial entrepreneur, is the founder of General Assembly, Common, and the online real estate magazine, Thesis Driven. He shares about the importance of walkability in modern real estate trends, the potential and challenges of office to residential conversions, and the fascinating concept of new cities. Brad also addresses innovations within real estate and how to understand and capitalise on emerging trends. 🖋️ Some key points:  (00:28) Guest Introduction: Brad Hargraves (00:59) Understanding 'Thesis Driven' (06:22) The Impact of 'Thesis Driven' (08:32) Exploring Unique Real Estate Opportunities (12:07) The Power of Broad Knowledge in Real Estate (15:39) Office to Residential Conversions: An In-depth Analysis (22:10) The Benefits of Regulatory Changes in Housing (22:51) Challenges of Converting Offices to Residential Spaces (23:40) The Future of Suburban Offices (24:41) The Fate of High Rises in Less Expensive Cities (26:07) The Impact of Office Vacancies in Rust Belt Cities (28:57) The Potential of Small Towns for Remote Workers (30:15) The Role of Zoning Reform in City Revitalization (35:15) The Emergence of New Cities and Urbanist Movements (40:20) The Future of New Cities and Car Usage (42:18) Closing Remarks and Future Discussions 📑More about Brad Hargreaves Brad is the founder and CEO of Common. Common is dedicated to making housing better by providing flexible, community-minded shared homes. Previously, he co-founded General Assembly, a global education institution with campuses in more than 15 cities worldwide. As part of the General Assembly founding team, Brad led the growth of the company's education business from its launch in 2011 into a global institution with over a dozen campuses. Most recently, he was a Venture Partner at Maveron, General Assembly's lead investor. Brad has been named to Vanity Fair’s “The Next Establishment”, Inc Magazine’s “30 Under 30”, and Business Insider’s “Silicon Alley 100”. 🌎Reach out to Brad Hargreaves LinkedINPersonal website https://www.bhargreaves.com/ Twitter/X 🌎Reach out to Jonathan Twombly LinkedIn: https://www.linkedin.com/in/jonathandtwombly Loved this episode? Leave us a review and rating on Apple podcasts by clicking here. 🔅 Previous Episodes on Apartment Investor’s Club Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton Hotel Conversions To Multi Family Housing With David Peters 🎤 Podcast post-production by EZPZ Podcasting.

📌Check out the ultimate passive income guide In this episode of the Apartment Investors Podcast, guest Dr. Jeff Anzalone shares his journey from being shackled with student loan debt just out of residency, to becoming ardent about investment in real estate and eventually becoming a successful deal sponsor. He tells of the transformative effect of books such as Robert Kiyosaki's 'Rich Dad, Poor Dad' had on his mindset, leading him to focus on creating multiple income streams. Dr. Anzalone also discusses the organic growth of his digital platform, Debt-Free Doctor and its instrumental role in scaling his apartment building investments, and subsequent transition into RV parks and mobile home parks investments. On looking forward, Dr. Anzalone hopes to fully transition out of dentistry and focus on expanding his real estate footprint, especially through his syndication partnership. He concludes by offering practical advice for anyone aiming to build their investor base and encourages audience members to visit his website to connect with him or suggest topics for future discussions. 🖋️ Some key points:  (00:43) Dr. Jeff's Journey: From Periodontist to Real Estate Investor (01:30) Overcoming Financial Challenges and Building Wealth (04:50) The Wake-Up Call: The Importance of Multiple Income Streams (09:23) The Power of Networking and Building an Investor List (10:48) The Journey of Raising Capital for Real Estate Investments (13:43) The Importance of Building Trust and Fairness in Business (22:45) The Future: Scaling Up and Transitioning to Full-Time Real Estate (30:37) Final Thoughts and Contact Information 📑More about Jeff Anzalone Dr. Jeff Anzalone is the founder of DebtFreeDr.com Like most people, Dr. Jeff dealt with many failures and setbacks along his path to success. Only two weeks before completing his surgical, and dental residency, his plans fell through to join a group practice that he was relying on to teach him how to run a business. This left him with no job, an interest-only mortgage, a two-month-old, and nearly $300,000 in student loan debt. After becoming debt-free, he shifted his focus to acquiring passive income streams using real estate as he realized that his practice income was their only income. He now uses his blog, DebtFreeDr.com, to educate doctors and other high-income professionals on how to invest passively in real estate so that they can stop trading their time for money. 🌎Reach out to Jeff Anzalone Debt Free DrLinkedInInstagram 🌎Reach out to Jonathan Twombly LinkedIn: https://www.linkedin.com/in/jonathandtwombly Loved this episode? Leave us a review and rating on Apple podcasts by clicking here. 🔅 Previous Episodes on Apartment Investor’s Club Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton Hotel Conversions To Multi Family Housing With David Peters 🎤 Podcast post-production by EZPZ Podcasting.

📌Check out Matt’s book “Backstage Guide to Real Estate”  In this episode of the Apartment Investors Podcast, Jonathan Twombley sits down with Matt Picheny, a former Tony Award winner turned real estate investor and mentor. Discussing his journey from a theatrical career to real estate investing and passive income, Matt shares how he transitioned into the industry, starting small and gradually moving onto syndications. Matt highlights the importance of laying a foundation, being transparent with investors, and leveraging partnerships for success. He also notes his involvement in award-winning Broadway productions such as Moulin Rouge and David Byrne's American Utopia. 🖋️ Some key points:  (00:28) Matt Picheny: From Tony Award Winner to Real Estate Investor (05:50) The Transition to Digital Marketing and the Dot Com Bubble Burst (07:59) The Real Estate Moment: Quadrupling the Initial Investment (09:50) Exploring Different Real Estate Strategies (13:22) The Leap into Multifamily Syndication (23:09) My Journey into Real Estate Syndication (24:09) The Story of My First Big Deal (26:09) The Art of Raising Capital (27:37) Laying the Groundwork: Marketing and Networking (32:35) The Power of Partnership and Delegation (35:00) A Day in the Life of a Real Estate Syndicator (38:25) Achievements and Recognition: Tony Awards and Syndicator of the Year (42:41) Resources and Contact Information 📑More about Matt Picheny Matt has over 15 years of experience revitalizing and elevating communities through real estate investment and has invested in over 10,000 apartments nationwide. He is a licensed real estate agent and has earned both Commercial Real Estate & Real Estate Finance certificates from Boston University. Matt has been a member of the Forbes Real Estate Council, Fast Company Executive Board, and was named "Multifamily Syndicator of the Year" by the American Apartment Owners Association. 🌎Reach out to Matt Picheny Personal website https://picheny.com/LinkedIn https://www.linkedin.com/in/picheny Instagram https://www.instagram.com/mattpicheny/ Matt’s hit book “Backstage Guide to Real Estate” https://www.amazon.com/Backstage-Guide-Real-Estate-Positive/dp/1737538407 🌎Reach out to Jonathan Twombly LinkedIn: https://www.linkedin.com/in/jonathandtwombly Loved this episode? Leave us a review and rating on Apple podcasts by clicking here. 🔅 Previous Episodes on Apartment Investor’s Club Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton Hotel Conversions To Multi Family Housing With David Peters 🎤 Podcast post-production by EZPZ Podcasting.  

📌Check out the Millennial’s Choice show on YOUTUBE In this episode of the Apartment Investors Podcast, host Jonathan Twombley chats with Matthew Ablakan, a Canadian real estate professional and entrepreneur with substantial experience in apartment investing. Matthew offers insights into Ontario's unique pre-construction real estate market, which offers immense possibilities for longer-term investors and is protected by substantial governmental regulations. The guest also talks about his new venture into condo development and how his diversified company not only assists clients with real estate investment but also deals with mortgages and insurance. 🖋️ Some key points:  (01:00) Matthew's Journey into Real Estate (03:12) Understanding Pre-Construction Real Estate (06:12) Matthew's First Real Estate Deal (12:26) Expanding the Business: Mortgages and Life Insurance (14:52) Navigating the Business through COVID-19 (17:43) The Importance of Going All In and Building a Solid Reputation (19:09) Starting a Business and Tax Benefits (19:49) Challenges and Success in Establishing a Brokerage (20:45) The Freedom and Challenges of Entrepreneurship (21:34) Investment Strategy and Foreign Restrictions (22:53) The Cost and Tax Implications of Foreign Investment (24:10) The Hustle: From Childhood to Entrepreneurship (27:31) Venturing into Condo Development (32:55) The Power of Podcasting and Networking (37:07) Final Thoughts and Contact Information 📑More about Matthew Ablakan Matthew Ablakan's journey began at a very young age where trading Pokémon cards began to teach him a variety of skills such as how to Negotiate and the importance of Demand and Supply. As he entered High School, Matthew began to sell Jansport Backpacks, Hair Straighteners and Dog-Tags to his peers. He began to dabble into Mutual Funds on a small scale and began learning more about Investing. Upon entering University, Matthew worked part-time jobs as a cook, waiter and manager of a couple of restaurants in order to help pay for his tuition. Chuck E Cheese, Johnny Rockets and Lucky Strikes taught Matthew many valuable lessons in communication, hard-work, honesty and transparency. It was in those early years that Matthew began to learn more about Real Estate and Invested in his first Pre-Construction Condo at the age of 19 with zero help from his immigrant parents, using a flexible deposit payment plan and part of his student loan. Matthew is the Founder & Owner of the Millennial’s Choice Group of Companies; a Real Estate, Mortgages, Insurance and Education brand. To better benefit his clients, Matthew has earned numerous degrees including, a Bachelors in Education, a Honourary Degree in Law & Society, a Real Estate Brokers License, a Mortgage Brokers License, & a Life Insurance Agent License. Education & Financial Literacy are important facets to the success of Millennial’s Choice. Matthew’s track record exudes his professionalism, experience, & most important, his persistent care for each and every one of his clients. 🌎Reach out to Matthew Ablakan InstagramPersonal WebsiteLinkedInMillennial’s Choice 🌎Reach out to Jonathan Twombly LinkedIn: https://www.linkedin.com/in/jonathandtwombly Loved this episode? Leave us a review and rating on Apple podcasts by clicking here. 🔅 Previous Episodes on Apartment Investor’s Club Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton Hotel Conversions To Multi Family Housing With David Peters 🎤 Podcast post-production EZPZ Podcasting  

📌In this episode of the Apartment Investors Podcast, host Jonathan Twombly interviews Mark Khuri, a multifamily investor fund manager with years of experience in the real estate business. Mark discusses his business model, highlighting his focus on providing passive investors with opportunities built on relationships and diversification across different asset classes. Mark also delves into his company's strategy of not operating their own assets but partnering with other operators. He further discusses a tax exemption strategy involving a public-private partnership with municipalities, providing affordable housing. Towards the end, he talks about attracting high net worth individuals, entrepreneurs, and other professionals as investors. 🖋️ Some key points: (00:28) Guest Introduction: Mark Khuri, Multifamily Investor Fund Manager (00:53) Mark's Current Business Overview and Investment Opportunities (01:43) Transition from Operating Assets to Partnering with Operators (03:26) Diversification Strategy and Investment Model (04:25) Asset Selection and Decision Making Process (08:43) Investment in Tax Exempt Apartments (14:50) Investor Profile and Value Proposition (17:22) Fund Structure and Investment Strategy (29:14) Marketing Strategy and Investor Acquisition (30:08) Future Plans for SMK Capital Management (32:12) Conclusion and Contact Information 📑More about Mark Khuri Mark Khuri co-founded SMK Capital Management in 2010, SMK is a boutique private equity real estate investment firm focusing on recession resistant investment opportunities. Mark has been an avid real estate investor for over 18 years and analysed thousands of investment opportunities and has successfully bought, renovated, sold and invested in over 120 properties with a combined value over $1.5 billion and created and managed over 65 real estate partnerships with investors. 🌎Reach out to Mark Khuri LinkedINSMK Capital ManagementEmail: info@smkcap.com 🌎Reach out to Jonathan Twombly LinkedIn: https://www.linkedin.com/in/jonathandtwombly Loved this episode? Leave us a review and rating on Apple podcasts by clicking here. 🔅 Previous Episodes on Apartment Investor’s Club Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton Hotel Conversions To Multi Family Housing With David Peters 🎤 Podcast post-production EZPZ Podcasting  

📌7 Red Flags In Passive Real Estate Investing Course In this episode, Jonathan Twombley of Apartment Investors Podcast interviews Taylor Loht, a licensed broker dealer representative, about the vital role they play in real estate syndications. Taylor explains how broker dealers connect operators and investors, helping raise equity for property transactions while ensuring compliance with security regulations. Taylor highlights the diligence in practice, the requirements for becoming a licensed broker dealer rep, and the potential challenges in the current real estate investment market. He also shares insights about his personal journey into real estate investment and his expectations for the future. 🖋️ Some key points:  (00:28) Understanding the Role of a Broker Dealer Rep (00:49) The Importance of Licensing in Syndications (05:07) The Process of Getting Licensed (06:15) The Role of a Broker Dealer in Transactions (09:09) The Challenges of Raising Capital (16:26) The Journey into Real Estate Investing (20:33) The Current State of the Capital Market (28:06) The Evolution of the Broker Dealer Business (36:29) Conclusion and Contact Information 📑More about Taylor Loht Taylor is a multifamily and self-storage investor who has acquired, partnered on, or had a hand in $250 million in CRE acquisitions. He hosts The Passive Wealth Strategy Show, a podcast focused on building passive wealth with real estate without buying yourself another job. Taylor employs syndication models to raise investor capital for strategic property acquisitions. His approach emphasizes value-added strategies to boost net operating income and property value. Taylor’s insights highlight market selection, the importance of a well-executed business plan, and considerations of interest rate trends. Through his podcast and expertise, he offers valuable guidance to real estate investors of all levels. 🌎Reach out toTaylor Loht Invest With TaylorCheck out 7 Red Flags In Real Estate Investing free course 🌎Reach out to Jonathan Twombly LinkedIn: https://www.linkedin.com/in/jonathandtwombly Loved this episode? Leave us a review and rating on Apple podcasts by clicking here. 🔅 Previous Episodes on Apartment Investor’s Club Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton Hotel Conversions To Multi Family Housing With David Peters 🎤 Podcast post-production EZPZ Podcasting