Elevate with Tyler Chesser - The Real Estate Podcast for Investing, Mindset and Personal Development

Adversity is guaranteed, and it's just a matter of what gifts we receive from going through that adversity and how we train ourselves to be prepared. In this episode, Saket Jain will enlighten listeners to condition their minds for continued and ongoing success and constant and never-ending improvement.   Listen as Saket explains how essential it is to shift our mindset. Overcome and immerse ourselves in the gifts—the tremendous gifts and the tremendous opportunities that come from adversity. What will stick with you is when Saket mentions, “It's less about the mechanics, it's more about the mindset.” Don't miss this!   Key Points from This Episode: Saket shares how he started in real estate.  Shifting mindset from “Why me and why now?” to “Why not me and why not now?”  Saket talks about how the world affects his financial trajectory, which impacts his family, himself, and everyone else. Saket shares how shifting mindset is also self-reflective and pauses.  How can people integrate into their daily practice or rituals of self-reflection and building muscle memory? Saket talks about the stereotypes about adversity and how to get out of that. These days, the word “adversity'' is harmful in general. Find growth: If we train our minds over time at that moment, we can go back to our training and fall to the level of our training. Adversity challenge as a gift. How setting yourself a timeline can also be a mental check.  How do accountability partners and coaches come in on your stressful situations? A meta habit: Bringing the unconscious to the conscious.  How do we remember it when things are not going how we want them to be? What is neurolinguistic programming? Saket talks about how messed up his first deal was.    Tweetables: “The only thing I would add to that is everything that we do, It's purpose driven” – Saket Jain   “The problem, I think, is that most of us don't pause and we don't self-reflect, and we don't have a mechanism or the muscle to go back to the time.” – Saket Jain   “Do it when everything is going well.” – Saket Jain   “It's the moments of adversity that grew the most. When everything is going well, you're not growing.” –Saket Jain   “Even if you have trained your mind, sometimes, it's like we forget that adversity is the greatest opportunity.” —Tyler Chesser   “Build a habit of every one hour, regardless of what's happening in your life. To take a two second pause on whatever is happening, and remind yourself that you're thankful to be alive.”  - Saket Jain   “So if you want a certain action, you gotta change your thoughts.” - Saket Jain   Links Mentioned: Impact Wealth Builders Website Impact Wealth Builders Facebook Impact Wealth Builders Instagram Saket Jain LinkedIn Elevate with Tyler Chesser Website Invest with CF Capital   About Saket Jain #1 bestselling author, investor, syndicator, tech enthusiast, and philanthropist Saket Jain is the Founder and CEO of Impact Wealth Builders where he’s passionate about achieving financial freedom through real estate.  He has over 15+ years of experience in real estate investing. Over the last 5 years, Saket has taken a particular interest in class B/C multifamily apartments in markets that have strong fundamentals. Saket, along with his partners, has built a portfolio of over 2000 units totaling $200M in assets across several US markets, generating consistent double digit annual returns. In addition to investing, Saket currently serves as a Business Operations leader at Airbnb Headquarters. Prior to that, Saket, in his role as a business consultant built, launched and led profitable new ventures in the technology and financial sectors. When not investing or working, Saket loves time with his wife of 19 years and two daughters.

With many factors affecting the real estate business landscape characterized by wide and rapid fluctuations of market prices and interest rates, it is imperative for multifamily syndicators to be able to adapt to the fast-paced changes so that they can minimize risks and losses and still keep a profit margin.  Therefore, as syndicators, we should learn tools, strategies, and techniques that will keep our real estate businesses running at an optimal level in any economic environment.    We are joined today by successful real estate investor and principal of Boardwalk Wealth, Omar Khan, to bring to you the latest issues that challenge multifamily syndicators in today’s inflationary environment. Omar shares how his company responds to the shifts in the economy and government policies that affect the housing markets and how they even raise the bar in multifamily operations. Find out what tools and techniques they use to manage their assets efficiently. Learn what types of loans best suit their current acquisitions. Listen to the end and discover how to turn a good investment into a great one. All these and more in today’s episode so tune in now!    Key Points from This Episode: How to join Omar’s mailing list and regularly receive valuable content in your email Omar and Tyler talk about inflation, the skyrocketing prices of commodities, and rising interest rates. What differences does Omar see in today’s financing of multifamily deals compared to six months ago? How does Omar manage and make projections given the constrained yield and loan-to-value brought about by the limited debt service coverage ratios and high-interest rates? Where does Omar currently source floating-rate debt for acquisitions?  Does Omar anticipate compressed yields or an appetite from investors for lower yields?  How can strategic asset management turn a good investment into a great investment or a poor investment into a good investment? Omar emphasizes the importance of having systems, structures, and processes, as well as training your team in strategic asset management. What tools and technology does Omar’s company utilize for a more effective and efficient operation? Omar shares their expense optimization process and how they manage taxes and insurance. Omar talks about their optimal approach to managing renovation schedules. How does Omar communicate his vision and business plan to his team and how he sees through the execution of the business plan? What is Omar doing differently today versus his process one or two years ago to raise the bar in asset management? Omar’s contact information   Tweetables: "Turn a good investment into a great investment with strategic management." - Tyler Chesser   “This is the time we minimize risk, not enhance your profit.” - Omar Khan   “Balance speed with cost in managing renovation schedule.” - Omar Khan   “90% of success in this field is merely just being organized and showing up on time,” - Omar Khan   “Number one is finding the right people. Number two is standardizing and templating the processes.” - Omar Khan   “You have to let your team take control. If you just show up and do everything, your team can’t do anything. And then when you go away, your team's gonna collapse.” - Omar Khan   Links Mentioned Omar Khan on LinkedIn Boardwalk Wealth Invest with CF Capital   About Omar Khan 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. --------------- Are you a real estate investor looking to elevate your income, freedom & lifestyle? If so, optimize your daily performance by downloading our free guide, Raising the Bar - 5 Steps to Elevate Your Habits, at elevatepod.com. In this guide, created by your host Tyler Chesser, you’ll learn why you do what you do, how to easily institute cues in your environment to trigger desired behavior, directly applicable steps to create a fulfilling future and much more. Get your free copy at elevatepod.com and kick-start your new habits today. Your future self will thank you! This episode of Elevate is brought to you by CF Capital, a national real estate investment firm. CF Capital’s mission is to provide property investment and asset management solutions to help investors like you maximize their returns by investing in high-value multifamily communities. If you are looking for risk-adjusted alternative investments in quality apartment communities, and are seeking tax optimized cash flow with appreciation upside without all the hassle of management, you might benefit from learning more about investing alongside our team. You’re invited to reach out and learn how you can invest with us by visiting cfcapllc.com. We’re also currently offering a free ebook called The Bottom Line - 10 Ways to Increase Cash Flow in an Apartment Complex. Whether you’re a new or an experienced investor, we’re confident you’ll find massive value in this resource. Get your free copy today at cfcapllc.com. 

Must we always challenge conventional thinking? If you believe that everything can be improved, then, we must say yes to challenging conventional thinking. Because change is happening all around us all the time, we cannot always accept long-held conventions as infallible and always effective. At the very least, accepting conventional thinking and practices without question stifles creativity, innovation, and progress. This goes in other areas of our lives including our finances and investments.   Seasoned real estate investor and alternative investment syndicator-operator Dave Zook of The Real Asset Investor joins us today to spur us to think and question conventional wisdom in investing so we can transform our investments and create more value. Discover how investing in other real assets and alternative investments helps not only in diversifying portfolios but in reducing tax liabilities as well. Gain a new perspective on capital raising as well as insights on the current market and economic environment while identifying areas where you can force more value. Find out how Dave took his half-million dollars tax liability to zero in a year. Stirred your curiosity? Tune in now!   Key Points from This Episode: Dave introduces himself and shares his family background and how he started in business. Why Dave considers tax liabilities as conventional practices that can be challenged  How Dave took his tax liability from a half million dollars a year to zero by using the tax code to his advantage How investing in other real assets and alternative investments helps reduce tax liabilities  How the government rewards investors who add value to people and society What asset classes does Dave invest in to create value for society and diversify portfolio? How Dave helps income earners and investors assess their options for tax strategy and advantages Dave’s strategy for finding opportunities in various real assets What advice will Dave give to his younger self at the period when he started raising capital in syndication? Dave shares his perspective and some lessons learned through years of capital raising. Dave emphasizes the importance of adopting the mindset of always challenging conventional wisdom in order to find innovative and more efficient ways of doing things and getting new outcomes. Dave’s outlook on the current market and economic environment Dave’s advice for investors to consider margins in their investments by identifying areas where they can force value  What does Dave consider as the biggest opportunities in the next recession? What books have made the most impact on Dave? What's the biggest way that Dave elevates his life on a daily basis? What’s the biggest way that Dave elevates others around him?  Parting words of wisdom from Dave Zook   Tweetables: "You can be conventional or you can be wealthy, pick one." - Dave Zook   "If you want to change your tax, you've got to change your facts. You've got to change the way that you're doing business and the way that you're investing." - Tom Wheelwright   “The idea that I could make a lot of money but control my own tax liability never occurred to me till just over a decade ago. And when I realized that it was in my control to reduce my tax liability, everything changed.” - Dave Zook   “If you want to be patriotic, do what the government wants you to do, and pay zero tax.” - Dave Zook   “When you add value to people, when you add value to society, the government rewards you for that.” - Dave Zook   “Go to market, add value, deliver a lot of value to a lot of people. That’s your fastest way to success (in syndication).”- Dave Zook   “Just a simple phrase of, "hey, you know what, it seems like this deal is not the best fit for you" can be one of the most powerful investments into a relationship that pays massive dividends down the line.” - Tyler Chesser   “Thinking long term is the difference between hunting and farming. A hunter goes out and catches or kills something and he gets enough to eat for the day. A farmer crops the soil, plants, and eventually, that bears fruit for a long, long time.” - Dave Zook    “Business is about relationships. If you've got to think long term, you've got to do what's best for your investor.” - Dave Zook   “Real success and real wealth is being able to build relationships and being able to take care of your body. If you don't feel good, nothing else matters.” - Dave Zook   “Success without fulfillment is the ultimate failure.” -  Tyler Chesser   Links Mentioned The Real Asset Investor Horizon Structures Tom Wheelwright Cashflow Quadrant by Robert Kiyosaki Rich Dad, Poor Dad by Robert Kiyosaki  The Compound Effect by Darren Hardy Who Not How by Dan Sullivan and Benjamin Hardy Invest with CF Capital   About Dave Zook Dave Zook, founder and CEO of The Real Asset Investor, is a successful business owner and an experienced real estate investor active in multifamily apartments, self-storage, and the ATM space. Dave has acquired more than $100 million worth of real estate since 2010 and together with his investors own approximately 3000 multifamily apartment units. Dave is a renowned and trusted professional resource in the Automatic Teller Machine (ATM) investment market where he and his business partner have deployed more than $90 million of investor and personal capital.  As a #1 best-selling author and popular guest speaker, Dave has shared his knowledge at international business conferences and popular podcast shows. Dave, his wife Susan, and their 4 children live in Lancaster County, PA. --------------- Are you a real estate investor looking to elevate your income, freedom & lifestyle? If so, optimize your daily performance by downloading our free guide, Raising the Bar - 5 Steps to Elevate Your Habits, at elevatepod.com. In this guide, created by your host Tyler Chesser, you’ll learn why you do what you do, how to easily institute cues in your environment to trigger desired behavior, directly applicable steps to create a fulfilling future and much more. Get your free copy at elevatepod.com and kick-start your new habits today. Your future self will thank you! This episode of Elevate is brought to you by CF Capital, a national real estate investment firm. CF Capital’s mission is to provide property investment and asset management solutions to help investors like you maximize their returns by investing in high-value multifamily communities. If you are looking for risk-adjusted alternative investments in quality apartment communities, and are seeking tax optimized cash flow with appreciation upside without all the hassle of management, you might benefit from learning more about investing alongside our team. You’re invited to reach out and learn how you can invest with us by visiting cfcapllc.com. We’re also currently offering a free ebook called The Bottom Line - 10 Ways to Increase Cash Flow in an Apartment Complex. Whether you’re a new or an experienced investor, we’re confident you’ll find massive value in this resource. Get your free copy today at cfcapllc.com. 

Understanding key factors that impact the real estate market is crucial when investing. Knowing how economic factors and government policies affect real estate investment potentials will instruct you on how, when, where, and what to invest in. Furthermore, learning how these forces work for or against each other will help you generate creative solutions and even discover unique opportunities amidst the complex and volatile markets that we’re experiencing today.   Join us in our episode today as we bring in real estate expert Eric Silverman of Eastham Capital. We explore the impact that economic factors have on the multifamily market cycles and how investors should respond with creative solutions because opportunities are waiting even in a downturn phase. Find out his real estate outlook for the next 3 to 5 years as we also zero in on the value of strategic partnerships in growing a real estate business. Listen until the end and you’ll hear how Eastham Capital’s funds have evolved in the last 15 years. Lots of insight and lessons to learn so tune in now!   Key Points from This Episode: Eric’s analysis of the impact of economic factors (interest rate, inflation rate, consumer price index, capital markets, supply and demand) on the multifamily real estate market conditions (debt cost, mortgage cost, debt service, rent growth, occupancy rate, etc.) What’s the buying condition as Eric anticipated a volatile market? What are Eric’s predictions on price corrections in the regions where they operate?  What creative solutions does Eric’s company utilize to buy deals and why do others resort to mezzanine debt? What’s the impediment to capital raising in the current market condition? Why rent growth, considered an inflation hedge by investors but actually pushes inflation up as housing costs go up, may drive more rent control legislation. Eric’s predictions on deal pricing, rental demand, house buying in the next three to five years, and why he’s bullish on the multifamily market  What will be the most compelling opportunities and the biggest risks in the next 3 to 5 years? Eric’s advice to his younger self about forming valuable and lasting strategic partnerships The evolution of Eastham Capital’s funds What role does mindset play in navigating the complex economic environment and multifamily real estate market? Eric’s parting thoughts or words of wisdom Eric’s contact details Tweetables: "Every effort that we can put into talking to up-and-coming and potential partners and trying to find ways to work with people to get those relationships going, that has really generated our best values over time." - Eric Silverman   “We need to be creative. We want to be in the market, we want to buy deals, but we don't want to overpay for deals.” - Eric Silverman   “The impediment to fundraising at the moment is uncertainty, uncertainty about where inflation is going to land.” - Eric Silverman   “When I project out a little bit further, I think that the tailwind of demand for rentals is super strong in the United States in pretty much every market.” - Eric Silverman   “From a multifamily perspective, it's not recession-proof but it can be recession-resilient because everybody needs a place to live.” —Tyler Chesser   “Investors need to be patient and find their spots. But stay in the business, keep working deals, keep looking for opportunities.” -  Eric Silverman   “Complex problems require creative solutions which create opportunities.” - Tyler Chesser   Links Mentioned Eric Silverman on LinkedIn Eastham Capital Invest with CF Capital   About Eric Silverman Eric Silverman is a founder and managing director of Eastham Capital.  Along with Matt Rosenthal, Eric is responsible for overseeing all operations of the company. He is also a founder of St. James Capital, LLC, an FHA-approved lender specializing in multifamily residential housing financial services.  From 1995-2010, Eric was President and then Chairman of RentGrow, Inc., until it was sold in 2010 to Yardi Systems. Before joining RentGrow, Eric was a founder and principal in St. James Mortgage Company, a Fannie Mae-approved residential mortgage banker. From 1991 to 1994, he directed and implemented the company’s retail expansion into Massachusetts and New Hampshire and managed operations in those states. Eric learned the real estate industry through Holtzman and Silverman Construction and Realty, his family-owned business based in Michigan. H & S is a developer and manager of apartment and retail properties. Eric graduated from Bowdoin College in 1985 with an AB in Mathematics. In 1991, he earned the degree of Master of Science in Management, with a concentration in Finance, from the MIT Sloan School of Management. He is an active alumnus of MIT, where he served as a judge in the $100K entrepreneurship competition for seven years. He is a founding director of Leader Bank in Arlington, MA. Eric is also on the Board of The Spaulding Rehabilitation Hospital Network – Partners Continuing Care, and he is a Friend of the McGovern Institute for Brain Research at MIT. --------------- Are you a real estate investor looking to elevate your income, freedom & lifestyle? If so, optimize your daily performance by downloading our free guide, Raising the Bar - 5 Steps to Elevate Your Habits, at elevatepod.com. In this guide, created by your host Tyler Chesser, you’ll learn why you do what you do, how to easily institute cues in your environment to trigger desired behavior, directly applicable steps to create a fulfilling future and much more. Get your free copy at elevatepod.com and kick-start your new habits today. Your future self will thank you! This episode of Elevate is brought to you by CF Capital, a national real estate investment firm. CF Capital’s mission is to provide property investment and asset management solutions to help investors like you maximize their returns by investing in high-value multifamily communities. If you are looking for risk-adjusted alternative investments in quality apartment communities, and are seeking tax optimized cash flow with appreciation upside without all the hassle of management, you might benefit from learning more about investing alongside our team. You’re invited to reach out and learn how you can invest with us by visiting cfcapllc.com. We’re also currently offering a free ebook called The Bottom Line - 10 Ways to Increase Cash Flow in an Apartment Complex. Whether you’re a new or an experienced investor, we’re confident you’ll find massive value in this resource. Get your free copy today at cfcapllc.com. 

We will never get rid of fear; we will learn how to manage it, overcome it, and use it as a tool. In this episode, our guest Tom Burns will enlighten listeners to go beyond their fears and assess the key components of being a successful real estate investor. Listen as Tom explains why it is essential to navigate the significant components of what’s happening right now, how you can leverage your fear, and how you can better understand the market-level fear. He also talked about all active and potential development opportunities as well as the perfect components in finding the right person to create deals with so tune in now!   Key Points from This Episode: Tom talks about the disconnection between the rise in the interest rate and the cap rates. What type of multifamily pricing has existed in the past few months? Tom shares about the fear components of investing and the breakthroughs on the other side of fear. Why does Tom feel more fearful when investing somebody else’s money than to his? How to anticipate navigating the market cycle and what to embody Tom shares about reassessing pipeline trimming opportunities: Are those active opportunities or considerations for acquisition for new development?  How to evaluate the time horizon for some of the potential development opportunities Tom talks about the components that allow people to be nimble to take advantage of those opportunities and to make sure they are not taking inappropriate risks. Humility: what exactly about this trait that creates a successful long-term investor and how you can further develop yours. What are the key components that allowed Tom to be successful? What are the perfect components in finding partners in creating deals? Difference between the right money and the right people, and the wrong money and the wrong people Why raising capital is not a sale Tom talks about the Rich Life mastermind   Tweetables: “Courage is just fear overcome.” – Tom Burns. “And perhaps, we get to the point where the pendulum swings and there's almost too much fear, which then creates those opportunities. ” —Tyler Chesser “That just because the result was good, doesn't mean that all of our decisions along the way were optimal “ - Tyler Chesser “Revenge is just an empty box. But you wanna move forward. And moving forward sometimes has required us to swallow our pride and just move on.” -Anonymous “We overestimate what we can do in a year. We underestimate what we can do in 10 years and they wanna get started right away with how do I grow a big group to raise money.” — Bill Gates   Links Mentioned Tom's Website Tom's LInkedin Tom's Facebook Presario Ventures: Private Equity Multifamily Real Estate Firm Austin Invest with CF Capital   About Tom Burns Tom is an entrepreneur and an orthopedic surgeon in Austin, Texas. He is currently a physician for the United States Ski Team and travels worldwide with them. He has over 25 years of real estate experience with multiple asset types. In addition to co-founding and managing a free-standing full-service hospital, he has acquired and developed $400 million of real estate locally and internationally. Dr. Burns is a principal of Presario Ventures, a private equity real estate company in Austin, TX. He is listed in the acknowledgment section of Robert Kiyosaki’s book, Rich Dad Poor Dad, and is the author of Why Doctors Don’t Get Rich, a personal finance guide for people who want to live life to the fullest. He is a sought-after speaker and coach and is frequently featured in nationally circulated print articles and popular real estate-oriented podcasts. Tom has been financially independent for a decade. His mission is to help people create financial independence so they can enjoy life and all the joy that comes with it. --------------- Are you a real estate investor looking to elevate your income, freedom & lifestyle? If so, optimize your daily performance by downloading our free guide, Raising the Bar - 5 Steps to Elevate Your Habits, at elevatepod.com. In this guide, created by your host Tyler Chesser, you’ll learn why you do what you do, how to easily institute cues in your environment to trigger desired behavior, directly applicable steps to create a fulfilling future and much more. Get your free copy at elevatepod.com and kick-start your new habits today. Your future self will thank you! This episode of Elevate is brought to you by CF Capital, a national real estate investment firm. CF Capital’s mission is to provide property investment and asset management solutions to help investors like you maximize their returns by investing in high-value multifamily communities. If you are looking for risk-adjusted alternative investments in quality apartment communities, and are seeking tax optimized cash flow with appreciation upside without all the hassle of management, you might benefit from learning more about investing alongside our team. You’re invited to reach out and learn how you can invest with us by visiting cfcapllc.com. We’re also currently offering a free ebook called The Bottom Line - 10 Ways to Increase Cash Flow in an Apartment Complex. Whether you’re a new or an experienced investor, we’re confident you’ll find massive value in this resource. Get your free copy today at cfcapllc.com. 

Many factors could hinder a person from being great at real estate investment: Turned down deals, an investor backing out, or having closed doors for opportunities. In this episode, Tyler will share his motivation to go beyond the human being’s default reaction: anger and offense.   Listen as Tyler gives you the recognition that the real financial abundance is on the other side of the wavelength of love, joy, inspiration, and curiosity.  Key Points from This Episode: Tyler talks about why people live being offended by everything they look at.  Tyler assumes that most of the investors are getting offended. How do you react when you feel offended? What are we getting from being offended?  Tyler talks about how people could sabotage their success by being offended. Tyler believes that as an investor, entrepreneur, and high performer, being offended is not a mindset you shouldn’t be acquiring. Beyond the default: people can always be greater than their anger.  Tyler shares how he feels personally and professionally offended by his friends and family. What is unoffendable? Tyler defines what offended means. Are we comfortable being uncomfortable? Tyler shares how people could now grow up being unoffended. Constantly being hurt, offended, or angered—constantly building the inflamed ego. There’s a higher power that could take off the burdens of injustices.  Focus and be firm on dreams, visions, and positive energy, instead of focusing on how to solve being offended.  How does an emotion stay as an emotion? Anger = Emotional recklessness.     Tweetables: “Opportunities to be offended are endless.” – Tyler Chesser   “But again, our opinions will be constantly challenged in the form of 8 billion people. ” – Tyler Chesser   “You can't disagree with someone without sabotaging your success  and development as a result.” – Tyler Chesser    “But let's upgrade,  let's elevate beyond the default  and take things to a whole new level as a result” – Tyler Chesser   “Choosing to be unoffendable or relinquishing my right to anger does not mean I'm accepting injustice. It means actively seeking justice and loving mercy while walking humbly with God.” —Anonymous   Invest with CF Capital

Today, Peter Linneman shares how people's life expectancies limit us from embracing our full potential and capabilities. Peter has been in the business and has been giving gifts of greater quality of living standards.    Peter believes that the most unvalued skill in life is intellectual curiosity. Intellectual curiosity will make people take action, but sometimes, it leads them to be blind but smart enough to recover from that. The inspiring words from Peter are that people are just afraid of conditions, not age. Realizing you're capable will be a big help, so listen to this!   Key Points from This Episode:   How to notice cognitive bias? Peter shares how to check people’s thinking Why are people constantly distracted by things that seem unimportant but are not that important? How can people be active and reactive to people from tough times? Ten years from now, Peter explains why the success and failure of people have nothing to do with what happens six months from now. How is it empowering oneself to give the most extraordinary talents? Peter shares that a lot of people settle for mediocrity. How important is it that people should be aware of how they behave and interact with the environment? Peter shares how people can do better than mediocre.  Why is it important to focus on what matters? Tweetables: “Don't get distracted by shiny objects ” - Peter Linneman  “And I could promise you, it's not, it's not easy. It's just what you do ” - Peter Linneman “There are times when you can do so much better than mediocre ” - Peter Linneman   Links Mentioned Peter Linneman's Website Invest with CF Capital   About Peter Linneman For nearly 45 years, Dr. Peter Linneman's unique blend of scholarly rigor and practical business insight has won him accolades from around the world, including PREA's prestigious Graaskamp Award for Real Estate Research, Wharton's Zell-Lurie Real Estate Center's Lifetime Achievement Award, Realty Stock Magazine's Special Achievement Award, being named "One of the 25 Most Influential People in Real Estate" by Realtor Magazine and inclusion in The New York Observer's "100 Most Powerful People in New York Real Estate".   After receiving both his Masters and Doctorate in Economics under the tutelage of Nobel Prize winners Milton Friedman, Gary Becker, George Stigler, Ted Schultz and Jim Heckman, Peter had a distinguished academic career at both The University of Chicago and the  Wharton School of Business at the  University of Pennsylvania. For 35 years, he was a leading member of Wharton's faculty, serving as the Albert Sussman Professor of Real Estate, Finance and Public Policy as well as the Founding Chairman of the Real Estate Department and Director of the prestigious Zell-Lurie Real Estate Center.  During this time, he was co-editor of The Wharton Real Estate Review. He has published over 100 scholarly articles, eight editions of the acclaimed book Real Estate Finance and Investments: Risks and Opportunities, and the widely read Linneman Letter quarterly report. He is also the co-creator of the popular, and highly regarded, Real Estate Finance and Investment Certification course, REFAI.    Peter's long and ongoing business career is highlighted by his roles as Founding Principal of Linneman Associates, LLC, a leading real estate advisory firm, and its affiliates. For more than 40 years, he has advised leading corporations and served on over 20 public and private boards, including serving as Chairman of Rockefeller Center Properties, where he led the successful restructuring and sale of Rockefeller Center in the mid-1990s.   Although retired from Wharton's faculty, Dr. Linneman continues his commitment to education through his SAM Elimu educational charity for orphans and children of extreme poverty in rural Kenya. He has been married for nearly 50 years and remains an exercise enthusiast.   --------------- Are you a real estate investor looking to elevate your income, freedom & lifestyle? If so, optimize your daily performance by downloading our free guide, Raising the Bar - 5 Steps to Elevate Your Habits, at elevatepod.com. In this guide, created by your host Tyler Chesser, you’ll learn why you do what you do, how to easily institute cues in your environment to trigger desired behavior, directly applicable steps to create a fulfilling future and much more. Get your free copy at elevatepod.com and kick-start your new habits today. Your future self will thank you! This episode of Elevate is brought to you by CF Capital, a national real estate investment firm. CF Capital’s mission is to provide property investment and asset management solutions to help investors like you maximize their returns by investing in high-value multifamily communities. If you are looking for risk-adjusted alternative investments in quality apartment communities, and are seeking tax optimized cash flow with appreciation upside without all the hassle of management, you might benefit from learning more about investing alongside our team. You’re invited to reach out and learn how you can invest with us by visiting cfcapllc.com. We’re also currently offering a free ebook called The Bottom Line - 10 Ways to Increase Cash Flow in an Apartment Complex. Whether you’re a new or an experienced investor, we’re confident you’ll find massive value in this resource. Get your free copy today at cfcapllc.com. 

The aggregation of marginal gains, which mirrors our guest’s core value––making even the smallest improvements every day. In this episode, Devin Elder, our second-time guest talks about how he is reading everything on the macro environment right now and what are his insights towards more effective investing. He also shares with us his 10,000-hour rule to becoming an expert and his timeless wisdom about being in the right peer group; and starting small and iterating after failing. If you're interested in learning more about multifamily real estate and an exciting personal growth journey as an investor and business owner, tune in right away!   Key Points From this Episode Devin talks about the illusion of time in real estate. Devin and Tyler talk about getting your life secured while enjoying the present moment. As an industry veteran and real estate entrepreneur, Devin shares his read on the current macro environment.  The current headwind of the Real Estate Industry: Debt Environment. The current tailwind of the Real Estate Industry: Rent Growth. Devin defines and explains why property management is labor force dependent and people extensive. The next headwind that will create more opportunities. The 10,000-hour rule to become an expert, applied in multifamily. How did Mike build adaptability within his growing organization and why is it necessary? Devin talks about starting small and iterating failure after failure.  How does a peer group that understands his journey helped him succeed? Devin and Tyler conversed about how being an entrepreneur and investor is a personal development journey.  Technology as a helpful tool but connecting physically as being timeless and considered as an investment. One of the most important core values: Tiny Improvements Every Day. Devin’s advice to his younger self and someone like him who’s also dominating the same markets he’s ventured. Devin shares the keys they have to be more and more successful in a market. Tweetables: “I'm 44, 1 year is certain percentage of my life. Whereas when you're 20, one year is a much bigger percentage of your life..” – Devin Elder    “I get this delayed gratification and all these kind of things, but you know, what about securing sort of that win now? Or what about enjoying life now? But, you know, I think you can do both.” – Tyler Chesser    “Instead of saying, I can't afford that. And just shutting down all the powers of your brain, you say, how can I afford that?” – Devin Elder    “You've gotta plug yourself in with a peer group that understands exactly what you're going through. And I would put that honestly as the number one thing that's helped me succeed.” – Devin Elder   "And that's what change is. It's scary. And it's gonna push you outta your comfort zone .” – Devin Elder   Links Mentioned: Invest with CF Capital DJE Texas' Website   About Devin Elder Devin Elder is sole owner of DJE Texas Management Group LLC (DJE), which manages all aspects of acquisition, repositioning, and disposition of single family, land, development, and multifamily projects in Central Texas. DJE has successfully completed over 200 Real Estate renovation projects, with renovation budgets ranging from $10k to $3M+. Devin has been a Principal in over 5,000 units of multifamily. No investor capital has ever been lost on any DJE project.   The DJE multifamily portfolio is managed by DJE Properties LLC, the company’s in-house property management firm. As of November 2021, DJE Properties manages 2,125 doors with an average occupancy of 95%.   --------------- Are you a real estate investor looking to elevate your income, freedom & lifestyle? If so, optimize your daily performance by downloading our free guide, Raising the Bar - 5 Steps to Elevate Your Habits, at elevatepod.com. In this guide, created by your host Tyler Chesser, you’ll learn why you do what you do, how to easily institute cues in your environment to trigger desired behavior, directly applicable steps to create a fulfilling future and much more. Get your free copy at elevatepod.com and kick-start your new habits today. Your future self will thank you! This episode of Elevate is brought to you by CF Capital, a national real estate investment firm. CF Capital’s mission is to provide property investment and asset management solutions to help investors like you maximize their returns by investing in high-value multifamily communities. If you are looking for risk-adjusted alternative investments in quality apartment communities, and are seeking tax optimized cash flow with appreciation upside without all the hassle of management, you might benefit from learning more about investing alongside our team. You’re invited to reach out and learn how you can invest with us by visiting cfcapllc.com. We’re also currently offering a free ebook called The Bottom Line - 10 Ways to Increase Cash Flow in an Apartment Complex. Whether you’re a new or an experienced investor, we’re confident you’ll find massive value in this resource. Get your free copy today at cfcapllc.com.

There are many factors affecting business decisions and there are many factors investors, entrepreneurs, and business owners should consider before making decisions. In this episode, Tyler and Bryan talk about how to handle the constantly changing and evolving market.    Listen as Tyler and Bryan take you on a journey to financial intelligence, share the reasons why constantly investing in oneself is key to constant growth, the macro factors of investing, and the ‘right way’ to resolving inflation.   It’s also discussed in their conversation why surrounding yourself with great people can walk you through achieving greater heights!   Key Points From This Episode: Tyler talks about the tea leaves happening in the world today and how it affects the decisions of investors, entrepreneurs, and business owners. Tyler and Bryan share their opinion on how money works, how it flows through business owners, and how it flows through investments. Why do all of the crosswinds happening today directly affect business owners? The macro factors in business multifamily operators should be aware of. Bryan shares how according to Ray Dalios book, The Principles Dealing with the Changing World Order, historical contexts are related to current context. Bryan discussed the massive influx of capital and the factors why the level of inflation is so low for him amidst the pandemic. More money: definitely not a solution to inflation. Why scaling up interest rates isn't always ‘bad news’? Tyler and Bryan tackle the fundamentals of the multifamily investing community and how multifamily operators are undersupplied from a single-family home standpoint. With all the changes in inflation and interest rate, is it the start of entering a recession? Bryan’s probabilities about possible rent growths and/or adjustments. Tyler shares their key ‘thinking’ — surrounding yourself with great people. The level of financial intelligence one should be in to make proper decisions from an investment perspective. The foundation of dynamically evolving and changing markets — personal development, mindset, mind expansion. Financial intelligence as a foundational practice. The constant thing we need to do to grow: invest in ourselves.   Tweetables:   “If we don't know all those macro factors, we're essentially driving across country with nothing but our headlights. That's not a way to do business the way we do it.” – Bryan Flaherty   “History does not always repeat itself, but it rhymes in many capacities.” – Bryan Flaherty   “It doesn't feel like there's a safer place to be than in the multifamily investing community because of those fundamentals that you talked about.” – Tyler Chesser   “We can never eliminate risk in investing.” – Bryan Flaherty   “Either you're gonna get wiped or you're gonna evolve. You're gonna change. You're gonna thrive alongside all that change. And you have to have that willingness. It's not bend don't break, but it's be flexible and understand what's out there.” – Bryan Flaherty   Links Mentioned: Ray Dalio's Principles for Dealing with the Changing World Order Book The Fourth Turning Book Who Moved my Cheese Book Invest with CF Capital   About Bryan Flaherty Bryan Flaherty co-founded and serves as CF Capital’s managing partner. He supervises the firm's overall strategic direction, investor and equity connections, manages the firm’s assets as well as the investment strategy for acquisitions and dispositions. Together with his partner, he also co-founded and oversee CF Capital's Multifamily Meetup group.    Bryan is a member of the Kentucky CCIM Chapter, a distinguished Certified Commercial Investment Member designee, and the past chairman of the March of Dimes Commercial REACH Award. In 2019, Louisville Business First named Bryan one of the "20 People to Know in Real Estate" (2019). Bryan received his Master of Business Administration (MBA) from Indiana University in addition to his Bachelor of Science in Mathematical Economics from the University of Kentucky. --------------- Are you a real estate investor looking to elevate your income, freedom & lifestyle? If so, optimize your daily performance by downloading our free guide, Raising the Bar - 5 Steps to Elevate Your Habits, at elevatepod.com. In this guide, created by your host Tyler Chesser, you’ll learn why you do what you do, how to easily institute cues in your environment to trigger desired behavior, directly applicable steps to create a fulfilling future and much more. Get your free copy at elevatepod.com and kick-start your new habits today. Your future self will thank you! This episode of Elevate is brought to you by CF Capital, a national real estate investment firm. CF Capital’s mission is to provide property investment and asset management solutions to help investors like you maximize their returns by investing in high-value multifamily communities. If you are looking for risk-adjusted alternative investments in quality apartment communities, and are seeking tax optimized cash flow with appreciation upside without all the hassle of management, you might benefit from learning more about investing alongside our team. You’re invited to reach out and learn how you can invest with us by visiting cfcapllc.com. We’re also currently offering a free ebook called The Bottom Line - 10 Ways to Increase Cash Flow in an Apartment Complex. Whether you’re a new or an experienced investor, we’re confident you’ll find massive value in this resource. Get your free copy today at cfcapllc.com.

Hear from Tyler on the behind the scenes of some very exciting developments for Elevate as well as some very exciting news for what's to come on the podcast in this quick solo recording. We're all a work in progress, and this podcast is no different. The evolution is under way! Thank you for your loyalty, support and enthusiasm for Elevate Podcast! We're so grateful to have the opportunity to serve you and look forward to continuing to do so.