Ritter on Real Estate

On today's episode of #RitterOnRealEstate we chat with Investor, Syndicator, Author, and Podcaster, Reed Goossens. Reed is an Australian real estate entrepreneur, investor, author, public speaker, and an all-around good bloke. Reed got his start in real estate investing back in 2012 when he moved to the US. Since then he has gone on to start two multifamily syndication investing firms which have been involved in the acquisition of over $680 million worth of US real estate to date. He also hosts the Investing in the U.S. Podcast, where he interviews top real estate investors to help educate entrepreneurs looking to break into the U.S. market. Welcome to the show, Reed! Key Points From The Episode: - Reed's background, Quitting his job in Australia backpacking through the US then getting a job in corporate America.- Discovering Rich Dad Poor Dad and learning that real estate was something he wanted to be a part of. -How and why partnerships are important when getting started in real estate. -The value of meetups.-Reed's first deal with his former partner.-Doing 8-10 deals before hiring his first employee.-How to create systems in multifamily real estate investing. -The Dos and don'ts of partnerships.-2 Lessons for solo real estate entrepreneurs. -How to develop a strong mindset. Books Mentioned: -Rich Dad Poor Dad by Robert Kiyosaki-Key Person Of Influence by Danial PriestleyCheck us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

On today's episode of Ritter On Real Estate, we kick off season 2 with a slightly different type of episode. Today our guest is the Vice President of Investor Relations for Hudson Investing, Curtis Edwards.  Curtis has a diverse and global background in finance, marketing, consulting, and business development. An entrepreneur at heart, he’s launched and exited several successful businesses across various sectors including Food & Beverage, Distribution, Hospitality, and Residential and Commercial Real Estate. He uses his depth of knowledge learned from his unique journey to help you wherever you are in your investing journey. Welcome to the show, Curtis!Key Points From The Episode:Curtis' background in sales, marketing, and entrepreneurship working for and starting multiple businesses. Curtis' family background in real estate. Why Kent launched Hudson Investing. Kent's background in management consulting, single family.How to build a strong team and the importance of scaling Hudson Investing.Wanting to help others achieve financial freedom through real estate investing. Lessons Kent has learned over the years as a multifamily investor/syndicator.Understanding interest rates and the current economic landscape for investors. Upgrades/changes Hudson Investing made to better improve investor experience and returns in 2022. How to build better trust/relationships with investors. Interested in learning more about Hudson Investing? Click the link here: https://invest.hudsoninvesting.com/investnowCheck us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

On today’s episode of Ritter On Real Estate, We chat with Lars Hedenborg. Lars is the host of the Real Estate Team Builders podcast and the Founder of Real Estate B-School. Real Estate B-school provides tools, systems, training, and coaching for top-producing real estate agents and team leaders looking to build profitable, sustainable, systems-driven businesses. Lars is also the best-selling author of “Scale or Die - Achieve True Freedom in Your Real Estate Business & Live Your Life Without Regrets”. Lars' career in real estate began in March 2007 when he left his corporate career in acquisitions and strategy. By the end of his first full year in real estate, he hustled to close 71 sides but was working 70+ hour weeks, leaving his family life to suffer. This motivated Lars to scale his real estate business so that it could run without him. Lars and his team have served over 5,000 families with their real estate needs. Now he's on a mission to help other top agents and team leaders achieve time and money freedom by scaling their businesses and building leveraged income through the eXp platform. Lars is a Jesus follower and is married to his much better half Julie, they have 2 kids Anders and Kendal that keep him on his toes and incredibly busy.Key Points From The Episode:Lars's background, why time management is so important.How Kent looks it in time management.Being honest with yourself about your managing your time.Balancing family wife Cindy.Determining what your core money-making activities are and figuring out how to only focus on those.Check us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

On today's episode of Ritter On Real Estate, we chat with Peter Powers. Peter has been with MPI Family Office since its inception. Peter serves as the Vice President of Acquisitions and Asset Management for MPI’s workforce housing portfolio, self-storage portfolio, and senior housing portfolio. As the head of MPI’s real estate efforts, Peter focuses on procuring real estate investment opportunities, managing MPI’s current portfolio of $600mm of real estate assets, and developing co-investment relationships. Since Peter joined MPI Family Office, he has helped pivot MPI’s investment focus towards affordable housing by developing a LIHTC investing platform and an adaptive reuse platform. These platforms make up $150mm of MPI’s total real estate portfolio. Peter has also worked alongside Peter Habib, a Principal Member of MPI Family Office, in the development of The Circle of Wealth network, which is the advisory arm of the family office. Before Peter joined MPI full-time, he was the Senior Analyst for MACC Venture Partners, a privately held real estate investment from, where he identified, researched, and underwrote multifamily assets. He also worked alongside the marketing team for Capstone Multifamily Group, the property management arm of MACC Venture Partners, where he helped assist team members with carrying out investment plans for particular assets. Welcome to the podcast, Peter! Key Points From The Episode: Peter's background working for MPI Family Office.Why learning by doing is the best way to gain experience.What MPI invests in. Why the wealthy invest in real estate.The importance of choosing the right deal sponsor.Key metrics/analytics Peter looks for in deals.Setting expectations & underwriting risks.The importance of being careful who you're partnering with.Books Mentioned:- Any book by Howard Marx, founder of Oaktree Advisors.- Dale Carnegie Books. Check us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

On today's episode of Ritter On Real Estate, we chat with Veena Jetti. Veena Jetti (VEE-nuh JEH-tee) is the founding partner of Vive (rhymes with "five") Funds, a unique commercial real estate firm that specializes in curating conservative opportunities for investors. Veena brings a dynamic perspective to targeting, acquiring, managing, and operating assets using best practices combined with cutting-edge technologies. Her professional expertise includes driving corporate strategy and business development opportunities.After graduating from the University of Illinois at Chicago with a degree in Finance at 20 years old, she pursued her passion for real estate. Veena has over a decade of real estate experience and over $1B+ in real estate assets over her career in both the startup world as well as the corporate world. Because of her diverse background, she is often a panelist and speaker for various podcasts, global conferences, and radio shows.Aside from professional endeavors, Veena is a passionate philanthropist. She has founded and served on the board for a national non-profit organization. In 2017, she was one of only three women to receive the Politico Woman of the Year award for the significant amount of time and focus she spent on aiding in a grassroots Hurricane Harvey disaster response. She continues to be involved in helping companies and charitable organizations develop better disaster recovery protocols for future emergencies. She is a current lending team lead at kiva.org, an organization that specializes in helping entrepreneurs with micro-loans. Other organizations that Veena has a passion for include RIPmedicaldebt.org, local food banks, water.org, St. Jude's Hospital, Children's Hospital of Philadelphia, and Safe Mothers Safe Babies.Vive Funds is the vision of an investor-centric firm coupled with proven bestpractices coming together. The firm was established to create a space forinvestors to rely on carefully planned projects with client experience being atthe forefront of our mission. Any project with the Vive name on it can betrusted to have gone through our rigorous metric standards before approval.Welcome to the podcast, Veena! Key Points From The Episode: Veena's upbringing, being the daughter of two immigrants. Learning the power of real estate investing.How important the underwriting is in the deal. How different deal sponsors underwrite deals and how it can impact returns.Understanding IRR and setting expectations with investors.Risk-adjusted returns.Underwriting deals now vs 2 years ago...Scenario planning for deal sponsors.The rise of women investors! Books Mentioned: - The Millionaire Next Door by Thomas J StanleyCheck us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

On today’s episode of Ritter On Real Estate,  we chat with Saket Jain. Saket is a #1 bestselling author, investor, syndicator, tech enthusiast, and philanthropist. Saket 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. Saket along with his partners has built a portfolio of over 2000 units totaling $200M in assets across several US Markets & generate consistent double-digit annual returns.Key Points From The Episode: Saket's background growing up in India learning about assets early.Learning the true value of an asset in 2016.What types of assets Saket was invested in before real estate and why he prefers real estate?Why it's important to just replicate what already works when investing.Being prepared for an economic downturn and ready to invest. Using cash flow from real estate to take advantage of downturn.The idea of real estate being "liquid".How to control inflation.What markets Saket invests in.Books Mentioned: - Mindset by Carol DweckCheck us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

On today's episode of Ritter On Real Estate, we chat with Whitney Elins-Hutten. Whitney is a real estate maven who, after purchasing her first rental in 2002, and hitting a home run, then nearly losing it all on her second deal, took control and figured out how to invest in real estate the right way. She realized that success must leave clues. So, she studied and replicated the very personal finance and wealth creation strategies the wealthy use to create financial freedom.Today, Whitney is a partner in $700M+ of real estate —including over 5000+ residential units (MF, MHP, SFR, and assisted living) and more than 1400+ self-storage units across 7 states—and experience flipping over $3.0M in residential real estate. Key Points From The Episode:- Whitney's background, becoming an accidental investor back in 2002.- Realizing that she needed to hold on to properties to build wealth.- The knowledge gaps investors have.- The three different types of investors. - Making real estate investing more understandable to new investors. - The main concerns investors worry about.- Setting expectations as a new investor.- Teaching kids the principles of money at an early age.- Investing for the long term.Books Mentioned: - The Cashflow Quadrant by Robert KiyosakiThe One Thing by Gary KellerCheck us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

On today's episode of Ritter On Real Estate, we chat with John Young & Kelly Krasner from Nice Healthcare. Nice Healthcare is redesigning comprehensive healthcare for small and medium-sized businesses by utilizing a mix of technology and in-home care. They offer members and their families in-home and virtual primary care, virtual mental health therapy, and virtual physical therapy services. Nice Healthcare is a great potential value-add for real estate investors and their tenants.About Our Guests: Kelly Krasner is the Vice President of Growth for Nice Healthcare, the company that brings a fully integrated in-home and virtual primary care, mental health and physical therapy clinic, right to you. Kelly has 25 years of experience in growing healthcare companies, but also has deep roots in real estate, and was a licensed agent for more than a decade. At Nice Healthcare, Kelly’s unique background has intersected as she spearheads an innovative Multifamily Real Estate program for the company. Kelly has been able to leverage her unique experience to elevate resident lifestyles by delivering superior quality, concierge healthcare as an unprecedented, and highly desired amenity.John has been the SVP of Growth at Nice Healthcare since 2019, where he continues to lead the team responsible for expanding Nice membership in geographies where Nice has established operations and launching new markets. This includes identifying markets, establishing distribution, and forming strategic partnerships that enable Nice to deliver affordable, convenient healthcare to members.John’s background includes 15+ years of leading commercialization teams to launch products and services spanning medical device, telehealth solutions, and commercial health plans. He has a B.A in Economics from Saint John’s University in Collegeville, MN and an MBA in Marketing and Corporate Strategy from the Carlson School of Management – University of Minnesota.Welcome to the show, Kelly & John! Check us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

On today's episode of Ritter On Real Estate, we chat with M.C. Laubscher! M.C. is a husband, father, educator, and cash flow specialist.  He is the creator and the host of the popular and top-rated business and investing podcast, Cashflow Ninja and a brand new podcast, Cashflow Investing Secrets.  M.C. is also the President of Producers Wealth, a wealth creation firm helping clients in 50 states implement holistic wealth creation strategies.His purpose is to help producers and creators create, protect and multiply their wealth in ANY Economy and market. His mission is to help producers and creators achieve financial freedom as soon as possible so that they can live their legacy today on their terms. M.C. challenges existing societal belief systems and misinformation around concepts such as money, saving, investing, wealth and retirement. Welcome to the podcast, M.C.! Key Points From The Episode: - M.C.'s upbringing, moving to the US from South Africa.- Realizing once he arrived how much opportunity there is in the United States.- Traveling and playing rugby. Discovering Rich Dad, Poor Dad.- Working for a friend in real estate, learning how to manage assets.- What is a cashflow ninja? - What sets a cashflow ninja apart from other investors?- Why capital positioning is super important.- How the wealthy allocate their assets.- 4 Principles the wealthy follow regarding money and investing. Books Mentioned:- The Creature From Jekyll Island by G. Edward GriffinCheck us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

On today's episode of Ritter On Real Estate, we chat with Matt Hansen. Matt is a retired corporate executive who transitioned to full-time real estate investor. His portfolio includes over 2000 units of multifamily apartments located in Texas, Florida, and Tennessee. Like many people, 100% of his retirement funds were locked into his 401K and exposed to the volatility of the stock market. So he found one of the best alternatives, which is investing in real estate passively. Now he spends his time helping investors move their money from Main Street to Wall Street and diversify their portfolios with inflation-resistant and tax-advantaged real estate. Key Points From The Episode: - Leaving his corporate job to start a new career in real estate and gain passive income.- What being a passive investor means to Matt. How to define passive investing.- The importance of educating yourself on the deal before investing your money.- The pros and cons of passive investing. - Why having the right deal sponsor is super important.- Joining masterminds and choosing mentors.- How to vet a deal sponsor.- How actually investing in syndication works. The process of placing your money in and receiving cash distributions. HansenHoldings.comCheck us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio