Accelerated Real Estate Investor

For those who want to invest in real estate, but don't want the responsibility of managing and owning a property OR may not have the capital to invest in bigger deals, syndications are a great investment vehicle. And that’s something we’ve talked a lot about on this show.  But how do you know which syndication is going to serve you best?  Today’s guest, Spencer Hilligoss, is CEO and Co-Founder of Madison Investing — a company that carefully vets sponsors, markets, and deals, to create passive income opportunities for busy professionals (just like you).  What makes Madison Investing different, is that they’re not fixated on growing the fastest, but rather, growing for the long-term. They’re focused on, as Spencer puts it, “mult-deal, multi-year, multi-decade relationships.”  So, when it comes to bringing operators and investors together, his number one priority is being intentional about who he partners with. His approach may take a bit longer, but he believes building solid relationships from the beginning is a better formula for ensuring investors prosper and hit their goals. In our conversation, you’ll hear about Spencer’s former life as a Silicon Valley tech executive — and why he decided to leave a 13-year track record building high-performing teams across five companies (three of them, software "unicorns"- valued at over $1B). We also dig into how his company sources deals, finds operators, and serves up strong investment opportunities that offer cash flow and growth for passive investors. That and a whole lot more! Key Takeaways with Spencer Hilligoss Why Spencer believes that having a good framework is essential when making quick and big decisions. How Spencer’s company is connecting investors to some of the strongest cash flowing multifamily storage assets across the country. The importance of being transparent and why Spencer made the decision to become a registered representative of FINRA. Understanding disclosures, risks, and the questions you need to be asking as a multifamily investor. Why Spencer believes the syndication space is still young, and what opportunities he sees in it over the next 5, 10 or 15 years. Spencer’s approach to sourcing deals, building relationships, and bringing together both operators and passive investors. How Spencer’s time and freedom have improved since leaving the tech world prior to the pandemic. Setting a passive monthly income target and taking deliberate actions that are aligned with your goals. How operators and referrals have been the number one way to find capital and new 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/218 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 Get The Flip System Book! To get access to a free copy of The Flip System, visit getflipsystem.com/podcast

In today’s episode, I wanted to share some ways that you can optimize your capital improvements. As I was thinking about some of the challenges we’re facing right now when turning over units with my own business, I thought it would be a great idea to record this solocast because if they’re challenges for us, they’re probably a challenge for you as well.  When you’re involved in multiple projects at the same time, having the right team in place to help manage those projects is crucial. I’m going to run through the top five ways that you can optimize your capital improvements and keep your business running as smoothly and efficiently as possible. No matter what level you’re at in the real estate and construction industry, there’s something for everyone in this solocast. I’ll run through some of the biggest headaches that we face when it comes to ordering products, managing the inventory, keeping the contractors busy and working on the site so that time isn’t being wasted. As the saying goes, “Time is money” and if you’re wasting time, you’re wasting money. If the never ending battle of managing and overseeing the day-to-day operations, staying organized and keeping things moving forward is getting difficult, you’re not alone. I’m going to share some ideas that have worked for me, and I’m sure they’ll work for you too. Enjoy! Key Takeaways with Josh Cantwell How we handle the issue of getting the delivery of materials to a job site and keeping the contractors on the site. When storing materials on site in containers, make sure that everything is labeled to save time and keep the inspectors happy. The importance of making sure that every contractor has a detailed scope of work and that all orders are signed, and not changed via text message. The reasons why every contractor that we hire is only assigned a maximum number of 2 units at any given time. The value in having a runner to go get things if a contractor is missing them, to keep the contractors on the site and working, and not making runs to Home Depot or Lowe’s. 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/217 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 Get The Flip System Book! To get access to a free copy of The Flip System, visit getflipsystem.com/podcast

In the world of multifamily real estate, dealing with third party management companies can be a big headache. If you were to ask Feras Moussa, he would tell you that “In a lot of ways, management is the worst business in the world, but it’s a necessary evil.”  Some might find it surprising to hear that creating his own property management company was the right move for his business, but he has no regrets on that decision. Feras is an entrepreneur at heart, with a tech background. When he left Microsoft, he found his passion for real estate and quickly built a portfolio of rentals and closed 9 deals in his first 12 months! Eventually, he shifted his focus towards multifamily properties and created Disrupt Equity with his partner Ben Suttles, a company focused on multifamily acquisition and investments for investors. They have raised millions of dollars for syndicators and have been creating strong passive income by leveraging multifamily real estate syndications ever since. Having dealt with ongoing headaches using third party property management companies, Feras and his partner decided it was time to take things into their own hands. They started their own management company, making the entire process easier to manage and improving accountability at all levels. In this episode, we discuss the factors that are driving this incredibly hot seller’s market right now, what impact inflation may have on investors, the potential changes to the 1031 exchange and what led Feras and Disrupt Equity to make the decision to create their own property management company. You won’t want to miss this episode. Key Takeaways with Feras Moussa Why Feras believes low interest rates are a huge factor in creating this incredibly hot seller’s market. How COVID has actually created additional demand in the real estate market. Why so many multifamily property owners have been looking to sell, in some cases 3-5 years earlier than they planned. How the risk of inflation could impact the markets, and rent prices. And why that might be a good thing. How location has played an even bigger role with Feras’s decisions on where to invest. Why Feras leans away from devalue-add deals, and chooses deals with less headaches even if it means the profit is 1% less. The added value that Feras has found in creating their own management company, instead of dealing with 3rd party companies-even though it’s not a moneymaker. Why Feras is most interested in syndications, and purchasing other syndicators. Some of the challenges that Feras’ company faced early on. The importance of building your culture and having a bench full of potential staff that are ready to come in and hit the ground running to minimize turnover. Why Feras believes the best way to find new deals is by having strong relationships with brokers. The reason why referrals are the best way to find investors and partners. 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/216 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 Get The Flip System Book! To get access to a free copy of The Flip System, visit getflipsystem.com/podcast

Legendary mobile home park investor, Frank Rolfe, shares his insights on mobile home park investing. He discusses the unique advantages, win-win opportunities, and incredible value that this asset class offers. He also talks about his journey in the industry, including his first park purchase for $400,000 with only $10,000 of his own money. Frank teaches others through Mobile Home University and hosts The Mobile Home Park Mastery Podcast.

What should you do if the tax rules change and you’re forced to pay capital gains on a property you sell?  Many of you have probably heard that there’s a possibility that the 1031 exchange will be eliminated by the Biden administration. This is a BIG deal for real estate investors who use this strategy to avoid paying capital gains by rolling them into the next deal.  In the event that the rules do indeed change, you need to have a plan in place and be ready.  That’s why today’s interview with Kim Dyer is so important. Kim is a Founding Partner at Keystone Capital Management Group and an Investment Advisor Representative (IAR). In our conversation, Kim breaks down section 453 of the tax code, which allows someone to sell a property to a sales trust. The trust (managed by you) would sell the asset to the buyer, and then the funds from that sale would be placed in the trust to be paid out to you over a predetermined period of time. Using this strategy, not only can you defer capital gains for 20+ years, but you can reinvest the proceeds, get a return on your investment, and have your profit pay the taxes for you at a later date.    If you want to find out more about how you can leverage the government’s money, take advantage of inflation, and defer capital gains, this is a must-listen episode! Key Takeaways with Kim Dyer What the 1031 exchange is used for and how it helps real estate investors pay less in capital gains. Understanding section 453 of the tax code—a great alternative to the 1031 exchange that will allow you to defer capital gains tax for 20+ years. How does a deferred sales trust work? How to reinvest the government’s money and let the profits you earn pay the tax bill on your terms. Why Kim is so dedicated to helping real estate investors maximize their returns. The value of having a good tax accountant or attorney to ensure you’re taking advantage of every benefit that already exists in the tax code. How to leverage a monetized installment sale, to defer your taxes (for up to 30 years) in order to buy more real estate. The importance of getting a second opinion when interviewing a financial advisor or tax attorney. 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/214 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 Get The Flip System Book! To get access to a free copy of The Flip System, visit getflipsystem.com/podcast

In my latest podcast interview, I’m speaking with Daren Blomquist. Daren is the Vice President of Market Economics at Auction.com — the nation’s largest online real estate transaction marketplace focused exclusively on the sale of bank-owned and foreclosure properties.  His job is to mine real estate data for key insights and trends to help businesses and consumers make better decisions.  On this episode of the Accelerated Real Estate Investor podcast, we dive deep into the data to better understand where the biggest real estate investing opportunities lie. We talk about job growth, population migration & affordability, the uptick in foreclosure auction activity, the types of properties that are being foreclosed on, and much more! For those of you who normally only listen, definitely check out the YouTube video of this conversation, as Daren walks us through a full presentation and shares a ton of visual aids and interactive maps to analyze trends in the real estate market. Key Takeaways with Daren Blomquist How investors are leveraging Auction.com to invest in real estate. Analyzing the unemployment rate post-pandemic and its impact on investors. Discover which areas of the country present the biggest opportunities for real estate investors! Daren shares a heat mapping tool to help you understand population migration & affordability. The 3 waves of possible foreclosure inventory over the next year. The number of FHA delinquent residential properties. Find out where and what types of properties are going to foreclosure. Uncovering rent growth rates and the hottest areas to own a rental property Learn how to use Auction.com to conveniently bid on house foreclosures remotely. 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/213 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 Get The Flip System Book! To get access to a free copy of The Flip System, visit getflipsystem.com/podcast

I’m about to make an offer on an $18M property, and today, I want to walk you through my step-by-step process for evaluating the deal — and how I plan to increase the property value to a whopping $27M!   This 360-unit building was built in the 1960’s and has been owned by the same person for the past 10 years. The blended rents are on average $640/month and it’s driving $2.6M per year in gross income, with a net operating income of $1.1M.  After taking a peek under the hood and running through my 5-step process for underwriting a deal, I found a few opportunities to bring the expenses down. This alone will save between $150k-$175k per year. But, is that enough to make this deal worth it? Not quite!  While I was able to cut at least 10% worth of expenses, I knew we’d have to figure something else out with this property if we really wanted to win!  So, I reviewed the comps across 12 different buildings, and realized there was a much bigger opportunity that no other building in the area was considering. To find out how our team plans to reduce expenses, bump up rents, and increase the property value from $18M to $27M, check out today’s episode.  Interested in investing in deals just like this one? Sign up to our investor portal for FREE at FreelandVentures.com/passive and we’ll send new opportunities directly to your inbox! Key Takeaways - 360 Unit Case Study My 5-step system for underwriting a deal. How we plan to cut $175K in expenses. My system for cutting 25%-40% of a property’s water bill. Why you have to pay attention to what I call “the muck” of underwriting. The BIG opportunity we found after reviewing 12 different comps! Our business plan for increasing the property value from $18M to $27M 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/212 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 Get The Flip System Book! To get access to a free copy of The Flip System, visit getflipsystem.com/podcast

Today, I’m talking with award-winning real estate entrepreneur and personal growth thought leader, Tyler Chesser.  Tyler is the Co-Founder and Managing Partner of CF Capital — a national real estate investment firm that focuses on acquiring and operating multifamily assets. His team leverages its expertise in acquisitions and management to provide investors with superior risk-adjusted returns, while placing a premium on preserving capital. Tyler has extensive experience as a multifamily real estate investor, consultant, business coach, and was previously a commercial real estate broker.  He’s also the creator and host of the Elevate podcast, where he dissects the elements of exceptional achievement and lifestyle design with a focus on personal growth and real estate investing.  In our conversation, Tyler takes us through his real estate journey, from residential broker, to commercial broker, to limited partner, to finally becoming an owner/operator.  Listen in as we fully dissect the 247 unit deal that Tyler’s firm is buying in the Indiana market. He outlines their process for sourcing the deal, funding the deal, making value-add improvements, and mitigating risk to ensure all general and limited partners win big.  One of my favorite parts of the conversation was getting Tyler’s take on the most important factors for evaluating whether a real estate deal is good OR bad. Some great insights from someone who’s seen it all!  Tyler also shares his best advice for those starting out and explains why building relationships was the foundation for his success.  Whether you’re looking for a great team to passively invest with OR you just want to learn more about how to structure your next deal, you won’t want to miss my conversation with Tyler Chesser! Key Takeaways with Tyler Chesser How Tyler’s syndication fund is structured and provides investors with superior risk-adjusted returns. Dissecting a 247 unit deal - finding it, raising the money, beating out competition, value-add improvements, rent bumps, property management, and more! How to mitigate risk and build fail-safes into your multifamily deals so they can win in the long-term — regardless of what happens with inflation or cap rates. The downside to running a private equity fund. Hear how Tyler got his start in real estate and went from residential broker, to commercial broker, to limited partner, to being co-founder/partner of CF Capital. The characteristics that make for a good multifamily deal. Red flags to look out for when evaluating a deal. Slow down and take some extra time to invest in relationships. Why the most growth always comes on the other side of your biggest challenge — and why Tyler’s grandfather was his biggest role model 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/211 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 Get The Flip System Book! To get access to a free copy of The Flip System, visit getflipsystem.com/podcast

Are you looking for a passive way to invest your hard-earned money? Well, today’s guest, Vanessa Peters, has a unique real estate investing strategy that you won’t want to miss! In this episode, we’re talking all about investing in entitlements — the process of turning raw land into a "shovel-ready" state. This adds value to the land and can lead to BIG returns! “Ok Josh, but wouldn’t the builders handle that type of work?” Nope! You see, the National Home Builders typically only purchase land that’s entitled, rather than raw, to reduce risk and speed up the process of bringing homes to market. And therein lies the opportunity. Once the land has been entitled, builders will then pay more than double what it’s worth! Development-readiness involves doing the leg work to get the property zoned, cleared, subdivided and/or permitted for builders — so it does require a team with a specific set of skills. This is why finding or building the right syndication is an important piece of the puzzle. Which leads me to today’s guest… I’m speaking with Vanessa Peters, MD. Vanessa is the founder of VMD Investing and has been investing in real estate for 12 years in single family homes, commercial retail, apartment communities, short-term rentals, self-storage, land entitlements and manufactured home parks. She has invested in over 2,500 units across 15 properties and 4 funds. In my conversation with Vanessa, you’ll hear how she went from a busy doctor (who was swimming in debt) to learning the in’s and out’s of the real estate game. Now, she’s a co-sponsor in a massive $50M land development fund, which you’ll learn all about! We dig into land entitlements, syndications, the power of your network, personal development, and more. If you’re a busy professional looking to create passive income with real estate, this is a pretty interesting real estate niche to learn about — so don’t miss out! Key Takeaways with Vanessa Peters The low-risk real estate opportunity you never knew about — investing in “raw land” and adding value through entitlements. Hear about Vanessa’s $50M fund that’s giving investors an 8% preferred return + 8% in profit sharing for a cash flow of 16% — and how she assembled a rock star team! How Vanessa got her start in real estate and moved from single family homes to investing $50k into her first real estate syndication. Understanding the risks and rewards of leveraging real estate. Why your network is your net worth! How to level up your life through the power of masterminds. 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/210 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 Get The Flip System Book! To get access to a free copy of The Flip System, visit getflipsystem.com/podcast

Today, I’m talking with Barry Flavin. Barry has been investing in Real Estate for over 8 years and currently owns 1000+ units.  Prior to pursuing real estate, he was working 40 hrs per week as an Air Traffic Controller. It was a good job, but he got tired and frustrated with the “working to live” mentality.  He wanted more out of life; more income, more time, more freedom. He wanted to live a life on his terms, not the other way around!    So, he decided to do something about it...  He found his way in real estate by rehabbing and selling several of his personal residences, then used the proceeds to purchase 20+ single family rentals.  After realizing the many opportunities that real estate had to offer, he quit his job and took things full time, transitioning into smaller multifamily deals.  In today’s conversation, you’ll find out how he went from an air traffic controller with no real estate experience, to becoming a serious multifamily real estate investor.  Barry shares some of the major challenges he faced along the way, including running out of money, taking out hard money loans, maxing out credit cards, and more. Despite the hurdles, he kept pushing forward, found a partner, leveraged his network, and started making bigger moves. You’ll also get to hear about his current real estate portfolio, how he structures deals for investors, and why there’s so much opportunity with smaller multifamily projects!  Key Takeaways with Barry Flavin How Barry blended multiple smaller deals into a portfolio for investors. Barry’s goal to get investors initial investment back within 3 years + continuous cash distributions. Find out why he doesn't offer a preferred return to investors. Why the smaller mom & pop multifamily properties are oftentimes the juiciest deals! How to achieve economies of scale with smaller multifamily real estate. Why Barry will buy anything from a single family home to a 200 unit building! How he went from an air traffic controller with no experience, to buying 18 single family homes in only 17 months. How Barry transitioned from single family homes into multifamily deals. The power of partnerships and building a team that can help you reach new levels of success. 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/209 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, joshcantwellcoaching.com Get The Flip System Book! To get access to a free copy of The Flip System, visit getflipsystem.com/podcast