Accelerated Real Estate Investor

No one can deny that we’re living in uncertain times. There’s political unrest all over the world, rampant inflation, and countless problems in our supply chains. As real estate investors, all these factors play a role in your deals, whether they influence your purchase price or if the appliances your tenants need are going to arrive now or in 6 months. However, as you’ll learn today, even if you can’t predict the future, you can still build a portfolio of high-performing investments that keeps pace with an ever-changing world. That’s why I’m thrilled to have Jake Harris join me today. Jake has over 18 years of experience in real estate, construction, and investment management. His fields of expertise include opportunity zones, infill development, cost control systems, and scaling distressed investments. He’s also the author of Catching Knives, a book in which he shares not just the story of how he got involved in commercial real estate investing, but also some very specific strategies and tools you can use as you line up your first deal. In our conversation, Jake and I discuss how to make good investments in high-stress environments–and the 6 things that you should include in your real estate stress tests. You’ll also learn why now is the time for the very best operators and investors to rise to the top of this industry, and the hard lessons he learned over the course of almost two decades in commercial real estate. Key Takeaways with Jake Harris How Jake got his start in commercial real estate. Why investors and operators are never doing enough due diligence before construction. Why Jake is sourcing domestic supply instead of buying from Korea, Ukraine, or elsewhere. The six things you should include in your real estate stress tests. Why goals are a great way to win one time, but success is built off of systems. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/268 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review over on Apple Podcasts. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU! Connect with Josh Cantwell Facebook YouTube Instagram LinkedIn Twitter Sign Up For My Coaching Program! To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com

I wanted to jump on real quick to give an update on a property we purchased last year with some really exciting numbers and progress we’ve made. We’ll see what happens with interest rates, but these renovations could push the value by tens of millions of dollars in a few years.  In April 2021, we bought and closed on Waterford Grove, a 552 unit property in Houston, Texas, with a purchase price of $70 million. After $3.5M for rehab, plus our closing costs, prepaids, and escrows which put us all in for roughly $79 million. Since then, we’ve successfully done a number of exterior repairs and added dozens of new units to the rent roll by splitting some of the 3 bedroom units. With the way this is shaping up, we could be looking at a valuation of as much as $110-115 million in just a few years!  If you’re wondering how we did it, today’s episode is for you. I will walk you through why we did the deal and how having the right team in place gave us the confidence to proceed and set us up for success. And finally, the most important thing to know when co-sponsoring and co-syndicating deals. (HINT: It isn’t the other owners!) Key Takeaways with Josh Cantwell Why who’s on the ground and doing the work matters way more than who owns a building. How we added dozens of new 1 bedroom units to the property. Why it’s so important to hire an enterprise-level property manager. The value of producing high quality quarterly investor updates. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/267 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review over on Apple Podcasts. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU! Connect with Josh Cantwell Facebook YouTube Instagram LinkedIn Twitter Sign Up For My Coaching Program! To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com

Even with interest rates going up and the economy seeming to be tapped out, we’re still bullish on housing–especially apartments, multifamily, and build-to-rent communities. These properties are proving to be great investments, especially for first deals, and you’re all but guaranteed to find renters for years to come. For this conversation, I’m excited to be talking with Sam Bates. Sam is the CEO of Bates Capital Group. Since 2009, he’s been directly involved in acquisitions, repositions, dispositions, and sales of over $200 million in assets.  His portfolio currently has 1,035 units in Texas and the Southeast, with 1,100 units in the development pipeline. He recently bought a property for $16 million, added a couple of million dollars in upgrades and now it’s valued at $32 million! Today, Sam joins the podcast to talk about his recent wins, why he bought into a company focused on single-family build-to-rent (and how it makes him money), and his advice for anyone that is looking to get into single-family or multifamily investing.  Key Takeaways with Sam Bates Why build-to-rent communities are satisfying renters’ needs. How he evaluates build-to-rent deals in both single and multifamily units. Why it makes sense for new investors to start as a limited partner before entering into a general partnership. How to manage properties and oversee investments. Why the United States is becoming a renter nation–and why we’re so bullish on multifamily in syndications. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/266 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review over on Apple Podcasts. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU! Connect with Josh Cantwell Facebook YouTube Instagram LinkedIn Twitter Sign Up For My Coaching Program! To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com

Even in uncertain economic times like the ones we’re living in, people will always pay for three things: food, clothing, and shelter. What does this mean for you? It’s simple: right now, multifamily real estate is still one of the safest assets you can invest in. Today’s guest, Greg Lyons, knows this as well as anyone. He and his brother are licensed capital raisers through their company, Cityside Capital. He also has his own podcast, Passive Income Brothers, where he focuses on how people can become passive real estate investors. In our conversation, you’ll learn what it takes to raise capital for multifamily and self-storage deals. You’ll also learn how he became a licensed capital raiser and what kind of opportunities he’s been able to create for himself. We then discuss the 77-unit condo project in Boise that Greg built half of at the right time–and what happened when he built the other half at the exact wrong time. Key Takeaways with Greg Lyons What’s on Greg’s radar right now when it comes to investment opportunities–and why people are still so hungry for multifamily real estate, even in more bearish markets. Why inflation in the United States is creating a nation of renters–and why this bodes so well for multifamily investors. The process for becoming a licensed capital raiser and why Greg and his brother went that route. Why Greg got licensed and how he taps into “daydream investors” to create opportunities for people who otherwise don’t have the time to invest. What Greg learned by building condos in Boise in 2007 and 2008–and how he got involved in real estate again after the Great Recession. Greg’s favorite books, podcasts, and thinkers to help you better understand the market and find deals. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/265 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review over on Apple Podcasts. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU! Connect with Josh Cantwell Facebook YouTube Instagram LinkedIn Twitter Sign Up For My Coaching Program! To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com

In this episode, I want to share some very simple steps that you can use to build a brand to help you raise capital and acquire more assets as quickly as possible. Ultimately, I want to help answer the question: What does it take to build a brand so that clients are always ready to do business with you? We recently had a webinar with the goal of raising $5.4M for a new multifamily syndication. And because we’ve built our brand, built relationships, and built trust with those relationships, we were able to secure almost $9M in soft reservations in less than a week, with a lot of that money coming from recurring investors. I’ll run through the steps that I’ve personally used, which have been huge factors in my success today. When you’re trying to raise money to get deals funded, you want to have the chips stacked in your favor, and in this episode, I’ll show you how you can make that happen in your business. Key Takeaways with Josh Cantwell Josh’s Process to Build a Brand and Raise Capital: Create online content with a content machine with an online brand. Turn your content into social media posts on Facebook, Instagram and LinkedIn and any others. Create live events face to face interactions or even virtual events like a masterclass. Become a guest on other podcasts. Ensure that you have a Call to Action on your branded website. Build your email list and broadcast your content automatically with an email blast or with a physical newsletter. Get your subscribers on a one-on-one call or strategy session to develop the relationship. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/264 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review over on Apple Podcasts. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU! Connect with Josh Cantwell Facebook YouTube Instagram LinkedIn Twitter Sign Up For My Coaching Program! To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com

If you’re looking to grow from residential to commercial (or residential to multifamily), don’t have an expensive education (or don’t use yours), and want to have amazing success, today’s conversation is for you. My guest is Spencer Gray. He’s the president of Gray Capital, where he leads and develops investment strategy, performance, due diligence, and underwriting for their multifamily portfolio. He started in 2006 as a residential investor straight out of high school and has since been involved in over $1 billion worth of transactions and controls over $500M in real estate assets. The best part about Spencer’s path, is that it’s one that you can start following right now. You can start doing deals, scaling capital, and creating amazing opportunities for yourself, just like he did–and just like I did.  In this amazing conversation, Spencer and I discuss what makes the multifamily market of 2022 so different from 2019, why top-line revenue keeps growing, and how to find Midwestern markets that are cash flow positive and appreciating by 15-20%. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/263 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review over on Apple Podcasts. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU! Connect with Josh Cantwell Facebook YouTube Instagram LinkedIn Twitter Sign Up For My Coaching Program! To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com

For real estate investors with a proven track record, if you know you’re qualified to do a deal, there’s nothing more annoying than when a broker asks you to fill out a buyer questionnaire. Though it ostensibly helps the seller determine who they want to “award” a deal to when there are multiple competing offers, it’s hard not to feel like they’re a waste of your time–especially when you know you’re going to have no trouble closing the deal. So, when you get asked to complete a buyer questionnaire, how do you make sure that your questionnaire is at the top of the pile? In this episode, I’m going to talk about what you can do to stand out on those buyer questionnaires, how to qualify as a premier buyer, and convince a seller that you’ll have no trouble delivering the money when it comes time to close. Key Takeaways with Josh Cantwell What exactly a buyer questionnaire is, why it exists, and why they’re so annoying. How to treat the buyer questionnaire like a brag book to help close deals. Focus on your credibility in the questionnaire by including numbers, pictures, and your dealmaking and investment philosophies. The value of putting up earnest money in the buying process. Why it’s a great idea to talk about challenges and roadblocks in previous deals, and how you overcame them in your buyer questionnaire. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/262 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review over on Apple Podcasts. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU! Connect with Josh Cantwell Facebook YouTube Instagram LinkedIn Twitter Sign Up For My Coaching Program! To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com

There’s a ton of action in multifamily housing and apartments right now–and it’s creating a lot of exciting opportunities and business models for investors at every level. Today’s guest, Stephanie Walter, has a proven track record of creating legacy wealth with passive real estate investing. After she retired from the insurance industry and sold her business, she became the CEO of Erbe Wealth to focus on raising capital and real estate syndication. She connects her select investors with extremely desirable investment opportunities and is an expert in tax mitigation and 1031 exchanges. In our conversation, you’ll learn how Stephanie transitioned out of the world of insurance, found her first JV opportunities and co-syndication plans, and how to find great partnerships as you pursue deals of your own.  We also dig into some of the other projects Stephanie’s working on, including fundraising for fintech startups, what she’s doing to hedge against inflation, and what investors should be prepping for as they plan for the future.  Key Takeaways with Stephanie Walter The tools and metrics Stephanie uses to evaluate a potential rental market. Why Stephanie only invests with one partner who buys pocket listings. The importance of being able to convince a broker that you can close a deal. How Stephanie aims to structure deals and investor returns. Why she sold her portfolio of single family homes and her insurance agency in 2019 to go all-in on multifamily. Stephanie’s advice for anyone who wants to become a co-syndicator. Stephanie’s favorite ways to find money and get new investors into her funnels and conversions. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/261 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review over on Apple Podcasts. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU! Connect with Josh Cantwell Facebook YouTube Instagram LinkedIn Twitter Sign Up For My Coaching Program! To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com

I've got a really great episode for you today. For anyone interested in learning about what the economic outlook is for apartment rentals in the US, I've got you covered. I recently listened to a webcast with Hessam Nadji, the CEO of Marcus & Millichap, who was joined by the former Secretary of the United States Treasury, Hank Paulson. The other guest speakers were the President and CEO of TruAmerica MultiFamily, Robert E. Hart, and the President and CEO of ICSC, Tom McGee. This incredible conversation brought together some of the most successful and knowledgeable people in the field with one of the largest apartment transaction coordinators, brokers, and advisors, a one-of-a-kind expert. They went into great detail about growth in our economy, apartment rental industry, e-commerce and much more. While I highly recommend you listen to this conversation, I wanted to share my notes and big takeaways from this event, specifically for multifamily real estate investors. You'll learn why apartment rentals are expected to stay hot, why rent growth is happening in markets all over the United States, and why real estate will remain stable–even in the face of inflation. Key Takeaways with Josh Cantwell Why demand for apartment rentals isn’t expected to drop anytime soon. Key reasons that rent growth is happening all over the country–and the trends driving this growth. Why real estate stays valuable even when paper money doesn’t. How COVID has led to increased demand for suburban housing. Why the U.S. is still a great place to invest no matter what the future brings. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/260 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review over on Apple Podcasts. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU! Connect with Josh Cantwell Facebook YouTube Instagram LinkedIn Twitter Sign Up For My Coaching Program! To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com

Even if you’re really, really good at it, residential real estate is a rat race. Whether you rent single-family homes or you’re fixing them up and flipping them, you’re participating in a transactional business–and one that can get exhausting. Today’s guest, Chad King, knows this well. He’s closed over 450 wholesale fix-and-flip properties and did 168 residential deals in 2019 alone. This experience made him realize that he needed to make a change and pivot into commercial multifamily and syndication. Since making this change, Chad has purchased 635 units of multifamily apartments with no signs of stopping. In our conversation today, you’ll hear how Chad took the leap, grew his portfolio after purchasing his first 14-unit building, and continues to find great deals today. We’ll also discuss investing in the time of rampant inflation, why neither of us would have gone to college if presented with the opportunity now, and how to structure your finances to get out of the rat race once and for all so that you can build a portfolio that works for you. Key Takeaways with Chad King How Chad purchased and converted a 21-unit motel into a luxury Airbnb–and how to structure a short-term rental deal. Why Chad believes that money actually does grow on trees if you create enough value to attract money with the proper mindset. How some failures can be a good thing. The value of taking a me-first mentality in dealmaking. Why people who are trying to save money are missing out. Why schools fail to teach cooperation, and turn out employees instead of entrepreneurs, and ultimately fail to give so many people the education they really need. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/259 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review over on Apple Podcasts. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU! Connect with Josh Cantwell Facebook YouTube Instagram LinkedIn Twitter Sign Up For My Coaching Program! To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com