Ritter on Real Estate

Today’s Ritter On Real Estate Guest is Lisa Hylton. Lisa is the founder of Lisahylton.com and real estate investment company that provides opportunities for entrepreneurs and business owners to invest in tax-efficient real estate investments. Lisa is also the host of The Level Up REI podcast which airs every Tuesday and the first Thursday of each month for Conversations with Passive Investors. Lisa Hylton is a CPA with approximately 10 years of audit experience from PwC and 4 ½ years as a controller on private equity real estate funds at a Los Angeles Investment Firm, Ares Management.  Her current mission is to provide podcast episodes and investment opportunities for entrepreneurs and business owners to level up their businesses and real estate investing to build long-term wealth and financial freedom.Show Notes:Growing up in a property management family.Buying her first home in her early 20’s.Learning the value of a property management company.Taking a private equity job auditing and controlling funds. What is Syndication and how it looks at a fund level.How the fund model works.Determining if passive investing is for you.How to determine investment strategy when investing in syndication deals.Setting realistic expectations. How investors should look at their deals. -Lisa’s checklist.The importance of investing for cashflow and appreciation.Decreasing execution risk.The waterfall structure or a syndication deal.Red flags to look for when investing in a syndication deal.How funds and investors are compensated. Recession-proof investing tips. Books mentioned: The 42 Week Year by Bryan Moran and Michael LenningtonContact Lisa: Instagram: @lisahyl, @thelevelupREIFacebook: https://www.facebook.com/lisa.hylton.92The Level Up REI Podcast Group: https://www.facebook.com/groups/787834775013292/Linkedin: https://www.linkedin.com/in/lisa-hylton-0b992815/Twitter: https://twitter.com/LisaHylton16Check out her Passive Investing Made Easy video and blog series and Investing Passively in the US video and blog series at www.lisahylton.com and on her Youtube page called Lisa Hylton. Check us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

Today's #RitterOnRealEstate guest Joshua Ferrari specializes in raising private capital, locating, negotiating, & acquiring value-add multifamily assets, & teaching others how to follow in his footsteps. Joshua’s ability to raise private money has gotten him the title of primary capital raiser at over $7,000,000 raised in less than 3 years of his real estate journey. He currently has over $5.5MM AUM which equates to 91 units in my portfolio. Key Points From The Episode:How Joshua Ferrari started into real estate investing from scratch and learning from mistakes along the way.Learning about Syndication and taking advantage of the concept.Partnering with people who have the right skill set to get the job done.Picturing out what your lifestyle is going to look like.Taking advantage of having a localized business.Creating a mindset shift in upscaling the business.Just get started and learn things as you go.Writing a vivid vision for life and business.The importance of getting everyone on the same page to chase the same thing.The Importance of having systems and processes in place.Getting reliable referrals to get insights and perspectives from.How persistence pays off.Books mentioned:Best Ever Apartment Syndication Book by Joe Fairless and Theo Hicks Vivid Vision by Cameron HeroldCheck us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

Full-time real estate investor and real estate agent from Fort Worth, Texas. Max began his real estate career wholesaling, completing fix and flip rehabs, and acquiring rentals. After completing over 100 deals in multiple states, he looked for a better way to more easily scale his real estate business and started writing lead generation books. Max, a best-selling author of multiple books, travels the U.S. teaching people the advantages of using books to enhance their lead generation and lead conversion. Max is a member of multiple masterminds and some of his titles include consultant, teacher, investor, real estate agent, author, speaker, and expert panelist.Max earned his BBA in Finance from the University of Texas in Austin and his MA in teaching from Louisiana College. He has over 15 years of experience in real estate, finance, and teaching.Key Points From The Episode:How Max Keller started investing in real estate from being a math teacher.Having a niche market is important.Understanding your goals as an investor.The power of trust in making deals happen.Educating people is the best way to get clients.Knowing whether the investment matches what you want and what’s right for you.Evaluating a person is important for private lenders.How building a connection is more important than immediately closing a deal.Don’t get hung up on the asset class.Authenticity and trusting your instincts.Nothing is passive. Everything is work.Knowing your backup plan when Plan A doesn’t work.Having a bigger purpose in life and business.The joy of helping people is more fulfilling than just making money.Books mentioned:It Takes What It Takes by Andy Staples and Trevor MoawadEssentialism by Greg MckeownDeep Work by Cal NewportCheck us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

Mitch Stephen has been a self-employed RE investor for 25+ years. His real estate investing career started at the age of 23 when he read “Nothing Down” by Robert Allen.Mitch Stephen has purchased well over 2,000 houses in and around his hometown of San Antonio, TX. A high school graduate, who never stopped learning. Books, CDs, seminars and webinars were his classroom.Today he specializes in owner financing properties to individuals left behind by traditional lending institutions and giving new life to properties that scar the neighborhoods.He has perfected a method of achieving cash flow without having to be a landlord and without having to rehab properties. He’s mastered the art of raising private money and the classic “Nothing Down” deal.He has pioneered the idea that you don’t have to give discounts to sell your notes.A passionate speaker who delivers the message of integrity first and profits second; an expert at keeping it simple and explaining, in plain English, the theories that made him financially independent. He is always an inspiration to those around him.Mitch has been interviewing for his podcast for over 3 years and has more than 400 great guests.  Link here: www.1000houses.com Key Points From The Episode: How Mitch Stephen stumbled into real estate investing. Buying 45 houses his first year.Seeing opportunities everywhere as an entrepreneur.Buying his first 100 houses with credit cards.Owning multiple other businesses allowed him to invest in real estate.How to develop partnerships with other individuals.Developing “Cash Forever” strategies.The advantages of using seller financing.Doing on average 100 deals per month.Why buying properties undervalue is essential. Money is made on the buying of a property, not the selling.Loaning money to other real estate investors. Books mentioned: The BibleThink & Grow Rich By Napoleon HillNothing Down By Robert AllenCheck us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

Tim is a 16 year veteran of the New York City Fire Department (FDNY) and currently serves as a lieutenant in the borough of Queens. Until recently, he also worked part-time as an emergency room RN at a level 1 trauma center. He brings years of real-world management and leadership experience to his real estate investment career.Tim’s initial goal with real estate was to create passive income and in turn, be able to spend more time with his wife and three little girls. After partnering on a multifamily property he saw first-hand the power of real estate investing as an opportunity to create passive income and build wealth for his family.He started Cityside Capital with the goal of not only growing his own portfolio but also to help others realize the power that real estate investing can have on creating passive income and building wealth.Cityside Capital has $79 million of assets under management including 561 multifamily units. Tim has also invested as a limited partner in 256 multifamily units in Texas and in a large retail supercenter in Tennessee.Tim attributes his early success in real estate investing to education, investing in coaches and mentors, and surrounding himself with like-minded people.In April 2021, Tim became an Amazon #1 bestselling author in a book he co-authored with other authorities such as The Real Estate Radio Guys’ Robert Helms, Jim Rohn’s 18-year business partner and master marketer, Kyle Wilson and many more, called "Bringing Value, Solving Problems and Leaving a Legacy". https://bit.ly/Podcast-One-Pagerhttps://www.linkedin.com/in/tim-lyons-cityside-capital/https://www.facebook.com/tim.lyons.712/https://www.facebook.com/CitysidecapKey Points From The Episode: Working as an ER nurse, firefighter, then becoming an investor.How 9/11 impacted Timothy’s life and family. Educating himself on real estate... Reading Rich Dad Poor DadClosing his first multifamily deal.Overcoming limiting beliefs.Understanding that you can't save your way to wealth.The power of equity, using other people's money.Learning about taxes.Scaling past small multifamily deals.Realizing that real estate is a team sport.becoming a general partner/syndicator.How to overcome limiting beliefs.Real estate investing being the best way to build wealth. Books mentioned:The Story Brand by Donald MillerCheck us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

Todays #RitterOnRealEstate guest is Paul Moore. After a stint at Ford Motor Company, Paul Moore co-founded a staffing firm where he was finalist for Michigan Entrepreneur of the Year two years straight. After selling the staffing firm to a publicly traded company, Paul Moore began investing in real estate, founded multiple investment and development companies, appeared on HGTV, and eventually completed 85+ real estate Investments and exits, including a large multifamily development. He has contributed to Fox Business and is a regular contributor to Bigger-Pockets, producing live video and blog content regularly. Paul also co-hosted a wealth-building podcast called How to Lose Money and he’s been a featured guest on 200+ podcasts. Paul is the author of The Perfect Investment – Create Enduring Wealth from the Historic Shift to Multifamily Housing and Storing Up Profits – Capitalize on America’s Obsession with Stuff by Investing in Self-Storage. Paul is the Founder and Managing Partner of Wellings Capital, a real estate private equity firm. Key Points From This Episode: Stumbling into real estate in 2000 after working for Ford Motor Company and selling a staffing company. Early interests in real estate syndication. The importance of good margins when buying and selling deals.Acquiring assets from Mom & Pop sellers.The value-add opportunities that come with buying from Mom & Pop sellers.Undercapitalized and mismanaged deals.Why mobile home parks are underrated investments. Forced appreciation and why it's important when investing in real estate. The importance of time management. Books Mentioned:Mastering the Market Cycle by Howard MarksThe One Thing by Gary KellerCheck us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

Rafi Mizrahi is an out of country real estate investor. He has been investing since 2010 and has developed the skillset to overcome investing out of country. He has extensive experience in raising money from out of state investors building and managing professional teams all over the country, Property Valuation, negotiating an acquisition. Rafi started as a single-family investor, and since 2010 he has been involved in more than 300 transactions as the acquisition partner and as a capital raiser. In 2017, he shifted the focus to multifamily and he syndicated 766 units worth more than $50 million dollars.Key Points From The Episode:  Rafi starting off as a java developer, getting laid off in 2007.How reading Rich Dad, Poor Dad changed his life.Shifting from investing in Israel to USA.The amazing knowledge transfer in America.Figuring out how to invest in American deals from Israel. Starting in single family, transitioning to multifamily.Problems that come with trying to scale in a single family niche.The importance of buying properties undervalued.Doing due diligence on individuals, in addition to the properties.How to build a team from another country. Finding good mentors.What to look for in a property manager. Books Mentioned: Rich Dad, Poor Dad By Robert Kiyosaki Check us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

In todays episode of #RitterOnRealEstate we sit down with Jim Monk. Jim is the President of CLOZZITS. CLOZZITS has developed a program to increase rents 3%-5% while improving the Net Operating Income (NOI) and Asset Value. All without multifamily owners laying out much capital. His goal is to differentiate beyond the normal amenities and tap into a new area of construction development, renovations, and property management. In this conversation, Jim shares his stories and experiences he’s picked up as a business owner navigating the multifamily industry. Jim expertly discusses what led to this passion, supporting information and why companies like Katerra, Harbor Group, MMA, and Pinnacle are seeing space optimization as a game-changer in turns, make-readies, and new construction. Creating more space for residence is more of an issue than most owners think, and Jim is changing how investors, owners, and managers look at the closet, which can provide an immediate rent increase.Key Points Discussed In This Episode: The importance of multifamily finding additional revenue where they’d least expect it.Running 3 financial service companies & transitioning away from those businesses before 2008.Discovering the importance of closets in investment properties.How higher quality closets lead to 3-5% rent increases in B-C class properties.What goes into improving rental closets. The positive impact closet renovations have for the tenant.Material costs affecting capital expenditure budgetsOwning 5,000 units.Check us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

In todays episode of #RitterOnRealEstate we sit down with Damion Lupo. Best-Selling Author of a dozen books on personal finance, investment and retirement strategies, Damion is on a mission to free 1 million people from financial bondage.He hosts the Financial Underdogs podcast, ripping conventional wisdom apart for the Main Street investor looking for truth about money and investing. Not only has he started 50+ companies, he even founded his own martial art, Yokido®. Damion developed the ultimate investor retirement tool called the eQRP®. His strategy gives individuals total control of their retirement money to invest in real assets like real estate, gold, and crypto.Key Points From This Episode:The importance of trying new things and failing.Defining your mission (mission over money)Freeing 1 million people from financial bondage.Living life with purpose and developing true passionEliminating negative elements from your everyday life.Mindset over systems.Taking control and building self responsibility.Overcoming a victim mindset.How to decide where to allocate your money.Self managing your retirement.Only compare yourself to your potential.Detoxifying your life.Slowing down and understanding the greatness of stillness.Books mentioned: Mastery By George LeonardCheck us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

In todays episode of #RitterOnRealEstate, we sit down with Dave Dubeau. Dave has been an entrepreneur since 1993 and a real estate investor since 2001. During his tenure investing, Dave has done deals ranging from creative no-money down transactions, rent-to-owns and more recently multi-family properties. Dave is an author of seven books and has been teaching and coaching people about marketing, real estate, and finance since 2006. He’s also shared the stage with the likes of Robert Kiyosaki of Rich Dad, Poor Dad, Robert Herjavek from Shark Tank, legendary boxer George Foreman among others.Key Points From  This Episode:Starting a business in Costa RicaMoving back to America and getting into Real Estate.Doing 18 deals in 18 months.How Dave got his start in teaching/training others.The hardships when first raising investor capital.The falsehood of the “Find a deal, and the money will come” montra.What is easy capital?How to build trust on a personal level with potential investors.Keeping it simple for new investors.Keys to success.Check us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio