Navigating the complexities of real estate investing while working a full-time job can be daunting, and you might find yourself overwhelmed by the idea of taking that first step. In today's episode, seasoned investor Adam Sondgeroth shares his journey of overcoming these hurdles and successfully building a substantial real estate portfolio.Adam is known for his hands-on approach and extensive portfolio management. He balances his full-time job as a railroad bridge inspector, all while leveraging unique strategies like lease options and owner financing, to thrive in the competitive market. His expertise extends into short-term lending and fix-and-flip projects, underscoring his versatility and commitment to real estate success.“Don’t take advice from somebody that’s not in a position that you want to be in.” - Adam SondgerothIn this episode you will learn:How Adam transitioned into buying his first investment property.  The importance of knowing your "why" in real estate investing and how to deal with naysayers.The challenges of successfully scaling up while holding down a full-time job.The significance of taking action in real estate investing rather than just acquiring knowledge.Strategies Adam used to secure owner-financed deals and the value of mentorship in his investment career.Adam's stance on hiring help and managing a large portfolio.The value of paid mentorship and real estate education.ResourcesReach out to Adam via email: adam@sondgerothcapital.comVisit Adam's website to see his company's offerings: https://www.sondgerothcapital.comConnect with Adam on LinkedIn: https://www.linkedin.com/in/adam-sondgeroth This podcast was produced by the team at Zapods Podcast Agency:https://www.zapods.com----------Breneman Capital: https://www.breneman.comInvestor List: https://www.breneman.com/investPassive RE Investor Guidebook: https://www.breneman.com/downloadsConnect with Drew on LinkedIn: https://www.linkedin.com/in/drewbreneman

In this special 100th episode of The Breneman Blueprint, Drew Breneman interviews a very special guest - his own son William! At just 6 years old, William has listened to every single episode of his dad’s podcast and has become his #1 fan! William shares how he turned $5 from the tooth fairy into $80 by investing in apartment buildings. Don't miss this adorable episode celebrating 100 episodes of real estate wisdom! Highlights:00:00 Intro01:31 Introduction to a special guest William Breneman02:51 William’s favorite episode03:23 What did William learn from the podcast?03:55 How did William invest his money?05:20 Hitting 2000 subscribers --Breneman Capital: https://www.breneman.com Investor List: https://www.breneman.com/invest Passive RE Investor Guidebook: https://www.breneman.com/downloads Connect with Drew: https://linktr.ee/drewbreneman

In this episode, we sit down with Tom Panos, an experienced insurance agent, to dive into the critical aspects of commercial property insurance. We'll explore a range of important topics, including common policy missteps, such as underestimating building values or falling into coinsurance traps, and how to spot and fill coverage gaps. From the benefits of ordinance or law coverage and the necessity for equipment breakdown insurance to the advantages of having a public adjuster by your side during significant claims, we cover it all. Tom also explains the impact of construction types on premiums and the essentials of hiring contractors with the right insurance coverages. Plus, we'll discuss how to avoid potential liabilities with uninsured subcontractors, and Drew will break down an insurance contract exhibit he has developed for use with contractors/vendors. Join us for a comprehensive guide to the complexities of commercial property insurance. Highlights:00:53 Introduction to Tom Panos, insurance agent03:25 Common insurance coverage mistakes11:03 Making claims for smaller amounts13:33 What is an insurance adjuster?21:30 Construction types in insurance rates27:58 Getting a loss run from a current owner30:00 Basics of ordinance or law coverage32:27 Insurance payout for a non-conforming building36:29 Stab-Lok panels and uninsurable buildings41:33 The proper way to get an insurance certificate49:00 The importance of having a workers’ compGet in touch with Tom PanosEmail: tom.panos@bks-partners.comDirect line: 847-940-4228https://www.linkedin.com/in/tom-panos-340ab99/Breneman Capital: https://www.breneman.com Investor List: https://www.breneman.com/invest Passive RE Investor Guidebook: https://www.breneman.com/downloads Connect with Drew: https://linktr.ee/drewbreneman

In this episode, Dan Brisse shares his journey for success from pro snowboarder to multimillion-dollar real estate investor and his top strategies for success. Learn how grit and passion helped him transition careers, scale up through strategic partnerships, and take advantage of today's buying opportunities. Dan provides insider tips for passive investors to do their due diligence on general partners and deals. Discover how he approached real estate with an athlete's competitive mindset to build an impressive portfolio. Tune in now! Highlights:00:13 Ten years of professional snowboarding career03:12 Chasing the snow around the world04:20 Action is easy when a desire is strong06:54 Getting into the real estate with baby steps10:02 The books that influenced Dan11:33 Transitioning into bigger deals14:58 Real estate investing, buying deals, and market conditions21:23 Real estate deals in submarkets and investing strategies28:04 Finding a reliable property manager30:20 Things to consider when hiring a property manager32:48 Four steps to successful passive investing e-book34:06 The most important things to consider when investing Connect with Dan: https://www.granitetowersequitygroup.com/

Today we have a special guest who understands the complexities of the commercial insurance market from all angles. Tom Panos has been a leading commercial insurance broker for over 20 years, protecting the assets of real estate investors across property types and geographies. Tom also keeps a close eye on the ever-changing insurance landscape. From evaluating loss ratios to analyzing the impacts of weather events and legal trends, Tom has an in-depth grasp of the factors driving carrier decisions. Tom's expertise and creative solutions have been invaluable for clients facing restricted underwriting and rising costs in this challenging market. Tune in for more and learn how to make informed choices in this complex insurance landscape. Highlights:00:00 Intro00:53 Who is Tom Panos?03:18 The state of the insurance market07:34 The rate increase trend and changes in coverage12:53 The percentage of building limit15:30 Things to consider when you’re choosing a lender18:05 Self-insuring and builders risk21:06 Wind hail deductibles change26:04 Managing risk through reinsurance31:22 Lender requirements and casualty insurance increases35:28 Increased rates and limited options for building owners37:35 The risk of podium-style construction43:15 Understanding your options47:15 How to get in touch with Tom  Get in touch with Tom Panos:Email: tom.panos@bks-partners.comDirect line: 847-940-4228https://www.linkedin.com/in/tom-panos-340ab99/ 

In today's episode, we're taking a look back at some of the most influential conversations from the early days of our podcast. Steve Kundert, Senior Vice President at CBRE, shares his vast experience in originating over $10 billion in commercial real estate loans, offering key advice on securing debt from diverse capital sources for a competitive edge.  Next, James Nelson, a leading New York City broker with $2.5 billion in deals and a bestselling investment book, provides proven strategies for identifying motivated sellers and enhancing property value in tough times.  Finally, Jordan Gottlieb, a top multifamily broker in Chicago, brings insights into the city's booming rental market, highlighting the potential for profit in a landscape characterized by high rent growth and low supply, perfect for hands-on investors. Tune in to gain invaluable insights from these industry leaders and take your real estate investment strategies to the next level. Highlights:00:00 Intro00:53 Steve Kundert, a debt and equity intermediary at CBRE01:37 What is Senior President of Debt and Structured Finance?02:12 Pullback in liquidity from the middle market banks08:01 General landing options for multifamily properties13:50 Debt fund market is almost non-existent17:35 James Nelson, one of New York City's top investment sales brokers19:52 Real estate strategies in a competitive market21:42 Lessons on specialization and expertise25:31 Challenges can be opportunities 27:46 Understanding trends in real estate31:38 Jordan Gottlieb, multifamily broker from Essex Realty in Chicago32:06 Chicago - highest rent growth, highest demand, low supply35:36 Real estate investing in Chicago and Sunbelt states39:26 Real estate taxes and the challenges of investing44:49 Rent and property taxes in Chicago --Breneman Capital: https://www.breneman.com Investor List: https://www.breneman.com/invest Passive RE Investor Guidebook: https://www.breneman.com/downloads Connect with Drew: https://linktr.ee/drewbreneman

Tired of the nine-to-five grind, Tyler Lyons made a bold move - he left behind a successful corporate accounting career to break into commercial real estate. Now he shares the story of his journey, along with insider tips for navigating today's shifting market. And learn why his firm, Asym Capital, invests exclusively in Phoenix multifamily.  Highlights:00:00 Intro01:00 Speaking at RaiseFest in Phoenix05:27 The benefits of starting a podcast08:49 How did Tyler get into real estate19:50 Deals before the Asym21:07 A decision to invest in multifamily spaces in Phoenix31:53 Breaking into the new market42:20 Real estate investing today – cash flow and value add47:59 The changing market and risk profile54:43 Focusing on broker relationships   Connect with Tyler Lyons  https://www.linkedin.com/in/tyler-lyons-realestate/

In today's episode, we're revisiting some pivotal conversations from some of our top episodes in 2023.First up is an insightful discussion with Jim Vozza from CBRE, where we delve deep into the world of Freddie Mac and Fannie Mae small balance loans for multifamily properties. Although aired some time ago, this episode remains incredibly relevant in today's evolving real estate landscape.Next, get ready to meet Tyler Hague, a multifamily investment sales broker from Colliers. Tyler brings a wealth of experience and expertise to the table, as he shares insights from overseeing Colliers' Midwestern apartment practice, covering over a dozen markets across the country. With a track record of over 3 billion dollars in sales over the past 15 months, Tyler's insights offer a comprehensive view of the multifamily market landscape.And last, but certainly not the least, we are joined by Bob Knakal, a legendary broker from New York City. With a career spanning nearly four decades in brokerage, Bob brings unparalleled expertise and insights to the table. As one of the foremost commercial real estate brokers specializing in selling buildings in New York City, Bob's journey is a testament to dedication, hard work, and a passion for the industry.Tune in now to gain invaluable insights from industry experts and elevate your real estate investment strategies to new heights!Highlights:00:00 Intro00:51 Jim Vozza from CBRE Business Lending01:55 Market trends and investing strategies05:13 Multifamily and access to Freddie and Fannie loans08:23 The small balance program09:48 Special rates for affordable properties15:08 Tyler Haeg Multifamily Investment Sales Brokers from Colliers17:06 Real estate market changes and equity investment22:31 Real estate problems no one talks about28:16 Different markets and investing strategies33:35 Bob Knakal, legendary broker from New York City37:00 Passion and hard work in real estate38:33 Growing strategies in real estate41:48 The importance of market presence46:49 Investing strategies and ompetitors --Breneman Capital: https://www.breneman.com Investor List: https://www.breneman.com/invest Passive RE Investor Guidebook: https://www.breneman.com/downloads Connect with Drew: https://linktr.ee/drewbreneman

Is now a good time to invest? It’s easy to make excuses.- “Interest rates are high.”- “The market is tough.”- “We’re facing a recession.” Sure, it’s a challenging market to buy in.But that means it might be easier to get a broker’s attention.It might be easier to find deals with less competition.It might be easier to be taken seriously. Are you going to need to comb through more deals?Yes.Does that mean good deals don’t exist?No.- There are good deals in bad markets.- There are good deals in bad cities.- There are good deals at all times. --Breneman Capital: https://www.breneman.com Investor List: https://www.breneman.com/invest Passive RE Investor Guidebook: https://www.breneman.com/downloads Connect with Drew: https://linktr.ee/drewbreneman

This episode takes you inside the deal-making process of commercial real estate investor Andrew Dunn. Andrew is the managing partner at VAC Development, an asset-class agnostic real estate investment group focusing on yield and asset allocation. Andrew primarily runs the acquisitions, capitalization, and business plan execution for the firm. In this episode, Andrew reveals his approach to scaling a real estate business through a programmatic model. He details how he sources deals that fit the criteria of large institutional investors and secures large equity checks through relationships. Andrew also provides insights into evaluating retail, office, and mixed-use deals through an analysis of yield on cost and development spread. Timestamps:00:00 Intro01:09 Andrew’s Dunn background04:20 Getting into commercial real estate06:42 The importance of operator selection for hotel deals09:56 Setting yourself apart from the competition12:14 Chasing equity vs. chasing deals16:30 The director of investor - requirements and commissions18:57 Investor relations strategies for finding capital23:51 The Starbucks lease strategy32:19 The importance of lease in terms of cap rate40:05 Yield of cost metrics and risk evaluation49:33 The influence of demographics on property value53:33 Retail vacancy rates and office space trends56:00 Shift in consumer behavior towards outdoor malls59:56 Sublease and healthy market Interested in chatting with Andrew?Connect with him on LinkedIn:https://www.linkedin.com/in/andrewmdunn41/X/Twitter:https://twitter.com/andrewmdunn_tiktok: andrewmdunn_Or through his company site:https://www.vacdevelopment.com/--Breneman Capital: https://www.breneman.com Investor List: https://www.breneman.com/invest Passive RE Investor Guidebook: https://www.breneman.com/downloads Connect with Drew: https://linktr.ee/drewbreneman