Apartment Investor's Club Podcast

Omar has advised on $3.7 billion in capital financing and M&A transactions, as well as securing $50+ million in equity from private and institutional capital. He is a graduate from the Rotman School of Business (University of Toronto), and a CFA charter holder with 10+ years of investing experience across real estate and commodities. As the principal of Boardwalk Wealth, Omar is primarily responsible for developing strong relationships with private and institutional investors, brokers, and strategic partners. He has closed on over $250 million of assets across TX, GA, FL, and SD. Jonathan and Omar go over some key aspects of gathering data for successful real-estate deals in the multifamily sector; discuss some key things to look for in any given area to make sure your deals are successful and also go over the day-to-day details of managing a team and hiring people to work in property management.  Reach out to Omar Khan  https://www.boardwalkwealth.com/our-team/ https://www.linkedin.com/in/omark1 Key points: 01:49 Given Omar's multi-generational experience, what is his view on the current state of the multifamily market 03:22 Which markets are safe, based on demographics 04:50 Attractive markets in the Southeast 05:28 Omar's submarket buybox 08:09 How to source real-estate data 10:23 How to keep track of the "soft data" 15:01 Omar's data repository 16:25 What can we tell about an area by looking at the businesses that operate there 18:12 Omar's indicators for an ideal real estate deal 20:42 Defining an absentee owner 24:33 What to look for to make sure your property managers are doing a good job 26:28 Omar's company, business management style, when to delegate 29:46 What type of payment structure to offer to your partners 30:18 Omar's hiring process for finding the best people for his business 33:34 The daily process of managing people and running a business, how to keep your people on target 34:45 How to cover the risk of something happening to the main asset manager 31:10 Omar's key advice for multifamily investors 39:01 Closing thoughts & how to reach out to Omar

Charlie Ruhston is a former professional Chef with over 30 years of experience in operations, repositionings, renovations and management of multi units in Hotels, Casinos and Independent Restaurant Groups. In 2007 Charlie began investing in SFR's, rehabbed and sold. Now he is focused on leveraging the economies of scale in multifamily communities around the DFW and other TX MSA's through syndication and JV partnerships.In our second episode, we go over how the current macro trends are affecting the hotel conversion space, the importance of building a solid team and how to skip the small fish and go straight for the large institutional investors to raise funds for your acquisitions. Reach out to Charlie RushtonDirect number: (805) 403-7080charlie@saberequity.com https://www.linkedin.com/in/charlierushton Key points: 01:25 Charlie's outlook on the current market02:43 Going forward, which deals will be a struggle, which will offer new opportunities?03:42 Are we headed for actual distress or just lower than expected numbers?04:10 The effect of the larger markets on the hotel to multifamily conversion space05:29 Charlie's journey from the hospitality sector to RE investor08:30 Breaking into the multifamily investing space for the first time11:01 The importance of finding the right business partner.The importance of building a team 14:34 Why Charlie decided to go straight to bigger sources of capital from the get-go17:37 How to approach gatekeepers and large, institutional investors20:06 How to make a pitch to large capital providers23:00 Developing the relationships with your capital sources even further24:01 Transitioning into the hotel conversions space27:26 Hotel conversions and zoning issues32:06 What does Charlie look for in a good conversion deal34:51 What type of room amenities are added in, in a typical hotel conversion?36:32 The opportunity for adding co-working spaces38:46 Closing thoughts & how to reach out to Charlie40:15 How to get in touch with Charlie  

Brian Burke, President/CEO of Praxis Capital Inc, shares his journey from being a police officer to a successful multifamily investor. He discusses raising capital, scaling up, and the day-to-day running of his company. The podcast covers topics such as Brian's unique story of getting into real estate, completing his first deal, and transitioning to multifamily investing. They also discuss the current state of the market and investment strategies, as well as determining the bottom of the market and investing strategies.