Ritter on Real Estate

On today's episode of Ritter On Real Estate, we chat with Michael Elefante. Michael is a real estate investor, content creator, and entrepreneur. He and his wife became financially free at 27, just one year after investing in short-term rentals. Just 2.5 years later, they've scaled to six short-term rentals that generate over $80k per month and $40-50k cash flow per month. Michael is an avid online educator and sells a variety of resources to help others jumpstart their journey to financial freedom. He is the founder of Airbnb Investor Academy, which launched in April 2021, and has generated nearly $1M in course and coaching sales in the first 16 months. Once Michael and his wife became financially free, they quit their 9-5 jobs and traveled in a camper van for 12 months, before settling down on Lake Keowee, SC. Michael has participated in numerous podcasts, webinars, and in-person speaking events over the past two years. He has around 1M followers across Tik Tok, Instagram, and YouTube. His niche is short-term rentals and finding ways to achieve financial freedom. Michael preaches that anyone, regardless of age or current position in life, can achieve financial freedom in the next 1-2 years.Key Points From The Episode:Michael's background in college as an athlete. Graduating and getting into a tech sales job. Realizing that he cared more about his time freedom than anything else.Grossing $80K/month through short-term rentals and $40-50K/month in cash flow. Leveraging local broker knowledge. The financials of short-term rental properties. Other ways to create revenue in your short-term rental. Follow Michael @melefante6 on all social media channels.Check us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

In today's Ritter On Real Estate episode, we chatted with Scot Sillari. Scott has 13+ years of experience in consulting and coaching in the Real Estate industry, Mortgage Brokerage as a Loan Processor, Certified Home Appraiser, Growing Sales, and Business Development for Vyral Marketing, and Licensed RE Agent, Scott has been recognized as a speaker and influencer within the Real Estate space.He's passionate about helping business owners reach their goals and dreams by guiding them to make the best business decisions to propel them forward in this ever-changing industry.As the CEO of Real Synch, Scott focuses on leadership and growth and strives to ensure that Real Synch is continuously developing valuable partnerships to provide robust integration options with major applications being used in the real estate space.-- Key Points From The Episode: How Atomization has helped Scott's business. Why technology is super important for real estate investors.Scott's background as a home appraiser discovering different needs that are needed in real estate.How Real Sych got started.Where and how to start building your tech stack.The importance of having a CRM to manage contacts.Understanding the 3 M's Media, Message, Market.How to build relationships with potential investors.Best ways to communicate. Some helpful tools, including Slack & HubSpot.Creating efficiency in your business communication.Books Mentioned:Predictable Revenue, by Aaron Ross.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 interview Derek Clifford. Derek is a successful single and multifamily real estate investor and fund manager, retiring from his full-time corporate job as of September 2021. He is a multifamily investor controlling 400+ apartment units with over $40M AUM. He is also an author and podcast host of the "Elevate Your Equity" show and the founder and CEO of Elevate Equity, a firm that partners with individuals to help unlock the three degrees of freedom: location, time, and financial. He is a fervent student of self-development and mindset. Derek loves to give back his knowledge and has a passion for breaking down complex ideas into easy-to-explain topics. He’s helped many people start, maintain, and grow their portfolios to achieve their own financial independence. In his spare time, Derek enjoys relaxing with his wife, biking, hiking, reading, and undertaking small household construction projects. Welcome to the podcast Derek! Key Points From The Episode: - Derek's background working as an engineer. Not liking relying on a 9-5.-Buying his first rental property then investing in Indianapolis using his paycheck from his 9-5.-How Derek's wife helped change his mindset about money and business.-How Derek quit his 9-5.-Why passive income is so important to develope.-Managing 400+ units, how Derek does this and only works a few hours a week.Books Mentioned: The Gap In The Gain By Dan Sullivan 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 Sam Primm. Sam is a successful father, husband and real estate entrepreneur born and raised in St. Louis, Missouri. He left his salary 9-5 job to focus full-time on his real estate ventures. Soon after, He grew his $3M portfolio to $40M+ within a matter of a few years! Along the way he has been documenting his journey and gained a massive following on various social media platforms. Spreading positivity and knowledge on how you can "Take Control of Your Future" using real estate. He now has a company that flips over +250 houses a year, an in-house property management company to take care of his tenants, and a nonprofit dedicated to mental wellness. He is now taking that playbook and teaching new and seasoned investors how to start and scale their investments by utilizing his mentorship program along with free content on social media.  Welcome, Sam! Key Points From The Episode: - Graduating college but not wanting to go down a traditional path.- Investing in Real Estate for 3 years before taking the leap and going full time.- Building a 40+ million dollar real estate portfolio. - The mindset needed to make the shift to full time investing in real estate.- Why partnerships are a key part of Sam's real estate business. - Understanding Social Media and the role it plays in real estate investing.- Where Sam finds funding for his deals. Books Mentioned: - Rich Dad, Poor Dad by Robert Kiyosaki- Think And Grow Rich by Napoleon HillWhere to find Sam: On All Platforms: @samfasterfreedomCheck 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 Jennifer Beadles, founder at Addicted to ROI.  Jennifer is a value-add real estate investor, coach, and investment-focused real estate broker with a portfolio of over 250 units across seven states.Jennifer has 15 years of real estate expertise and has worked with a variety ofinvestment strategies, including BRRR, value-add multifamily, build-to-rent, assisted living,private financing, and out-of-state investing.Jennifer is passionate about helping families build wealth and passive income streams through real estate investing and living a life by design. She has built her network of real estate investors who are looking for out-of-state buy-and-hold rentals in markets all across the U.S. Welcome, Jennifer! Key Points From The Episode: -Jennifer's first time buying a rental property.-Using the BRRR method to grow her portfolio and wealth. -What drew Jennifer to small/medium-sized multifamily.-Why value-add properties are the best. -The importance of having lifestyle freedom. -Investing in assets sight unseen. What to look for.-Jennifer's tips for using private money to finance deals.-How to develope a network of private lending.-Property management from out of state.Books Mentioned: - The 4 Hour Work Week, by Tim FerrissCheck 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 Tony Julianelle. Tony is a successful organizational leader with more than 20 years in real estate and financial services who is passionate about developing people and serving customers. He is a consultant to various business partners, focusing on strategy, execution, and bottom-line business results. Before joining Atlas, Tony worked with Wells Fargo, holding various leadership positions during this time. In his role as Regional Manager, he was responsible for the mortgage origination business in seven states in the mountain Midwest.Additionally, Tony has held a variety of professional and personal board positions throughout his career. Boards he has served on include: Mortgage Bankers Association of Kansas City, Colorado Mortgage Bankers Association, Habitat for Humanity (Kansas City), and Park Church Denver. He has also served as faculty for the Denver Institute of Faith and Work. Most recently, Tony has become a member of the Denver Business Journal Leadership Trust.Welcome to the podcast, Tony!Key Points From The Episode: - Tony's background working at Bank- of America as a mortgage originator. -Joining Atlas Real Estate and growing the company from 20 employees and 1500 doors to 200+ employees and 9000 doors under management across 7 states.-Tony's analysis of the current real estate market.-Homeownership and why he promotes it to his employees and tenants. -How to determine where to deploy capital in a real estate investment.-Why Atlas Real Estate prefers single-family homes as investments.-The important role of the property manager and why data is so important.-House Hacking for individuals first getting into real estate.Books Mentioned: - The Alchemist by Paulo CoehoCheck 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 Isabelle Guarino-Smith. Isabelle is a graduate from Arizona State University, a former flight attendant, Walt Disney World intern and now Residential Assisted Living Academy’s leading lady. She has been working as the COO of the company for the last 6 years, keeping everyone in line and on task. She’s been featured in many magazines and articles on the topic of Senior Housing and most recently was given the title as one of the “Top Influencers in Senior Housing”. Isabelle also won Aging Media’s “The Future Leaders of Assisted Living” award in 2020 being 2 of 100’s under 30 to make the list. Welcome to the show, Isabelle!Key Points From The Episode: Isabelle's background, her father being the "Godfather Of Assisted Living".Growing up working in the family business. Carrying on her family's legacy.What is Residential Assisted Living?What to look for when creating a residential assisted living home.What positions to hire for a residential assisted living home.The financials of investing in a residential assisted living home. Why marketing is so important.Teaching others how to invest in senior living.The future of senior living.Books Mentioned: The 5AM Club by Robin SharmaCheck us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

Excited to welcome Dr. Pranay Parikh on today's episode of Ritter On Real Estate! Dr. Parikh is a medical doctor, serial entrepreneur, online course creator, and podcast host. His unconventional journey to medicine helped him learn the skills to excel in entrepreneurship. He’s helped launch a 7-figure online course, buy over $1.1 Billion in real estate, and help hundreds of physicians launch their own businesses. His goal is to help launch 10,000 physician-led businesses. Welcome to the show, Pranay! Key Points From The Episode: Pranay's background in medicine. Being interested in other things while in medical school.Realizing that there is a lack of control in stocks, focusing on real estate investing instead.Buying his first investment property, how exciting it was. Creating a Real Estate course to teach doctors how to be investors.Pranay's business structure. Investing while practicing medicine full time.The importance of building a team.How to analyze potential deals.What Pranay looks for in deal partners.Keys to good asset management.Why medical professionals like real estate investing.Books Mentioned:The Hands Off Investor, Ben BurkeCheck 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 Neal Bawa. Neal is CEO / Founder at UGro and Grocapitus, two commercial real estate investment companies. Neal’s companies use cutting-edge real estate analytics technology to source and acquire OR build large Commercial properties across the U.S., for nearly 700 investors and has a portfolio of over 4,800 units. An AUM value (upon completion) of over $1 Billion. Neal believes that we are at a turning point, where traditional commercial real estate will combine with Proptech and Fintech technology disruptors, and will truly reach its potential as a tradable, highly liquid asset class that will rival and eventually beat the stock market in its size and scope.He also believes that the Build-to-rent will become a much larger and more profitable part of the Multifamily asset class over the next 5 years, due to its uniquely desirable characteristics. Welcome to the show, Neal!Key Points From The Episode: Neal's background building his company from 10 to 400 employees.Investing in real estate to lower taxes.Where we are in the current economic climate.Understanding GDP growth/decline and when the US will actually be in a recession.The future of interest rates.The cons of locking in long-term debt in today's economy. How to educate your investors as a syndicator.Books Mentioned: The Miracle Morning by Hal ElrodLink to EP 38: https://www.kentritter.com/podcast/how-to-optimize-for-profit-with-neal-bawa/Check us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

In today’s Ritter On Real Estate episode, we chat with Yannik Cudjoe-Virgil. Yannik is the principal of Merlynn Acquisitions - a Baltimore-based real estate investment and syndication firm, with $5.8M in AUM. His experience in commercial real estate began as an Asset Manager by trade for both retail and institutionally-capitalized real estate private equity firms, with over $1.5B+ in AUM, where he oversaw multi-disciplinary portfolios consisting of Multifamily, Mixed-Use, Office, Retail and Industrial properties across the U.S. Welcome to the podcast, Yannik!Key Points From The Episode: Yannik’s background, playing in the NFL and moving to the united states as an immigrant. Not having a background in finance but having grit and determination to learn real estate.Getting his first opportunity in asset management.Why Yannik prefers commercial real estate as opposed to smaller single-family deals.What Yannik learned working at a larger asset management firm.Yannik’s asset management rhythm/procedure.How to deal with delinquent tenants.How Yannik utilizes VA’s in his asset management business.Real estate is about relationships.The future of Merlynn Acquisitions.How Yannik plans to help active and retired athletes with passive real estate investing. Books Mentioned:The One Thing by Gary KellerCheck us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio