Ritter on Real Estate

In today's episode of Ritter On Real Estate, we interview Mark Cira. Mark Cira is a registered CPA in Illinois, PMP, CFO of Cogent Security Consulting, and the co-founder of Cira Capital Group. For Cogent, He oversees all things finance, accounting, and back-office business operations. His experience working at large legal and consulting firms has allowed him to hone his skills in operating a consulting firm. In addition, the skills he has acquired over many years overseeing billions of dollars of critical infrastructure construction projects provide a base for continued client consulting services.In  2011, Mark co-founded Cira Capital Group to help other busy professionals like himself expand their investment portfolios into private equity real estate. Drawing on his experience, Mark helps curate diverse real estate funds by sourcing opportunities, vetting operators, performing due diligence, and creating investment vehicles. Key Points From The Episode:Mark's background in accounting / Consulting.Metting his wife and how she inspired him to get into real estate investing.Learning that real estate is an investment vehicle for everyone.The importance of passive investing, and how CIRA helps investors invest.What Mark looks for in Investments. How will the market continue to play out?Why real estate is better than other types of Investments ie. bonds, equity markets.What is driving people into real estate investing?Common mistakes new investors are making.How do you define being overleveraged? The importance of execution.Why time management is so important in Mark's life.Books Mentioned: Investing in Real Estate Private Equity: An Insider’s Guide to Real Estate Partnerships, Funds, Joint Ventures & Crowdfunding by Sean CookTraction by Geno WickmanScaling Up by Verne HamishCheck us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

In today's podcast, we chat with Cody Yeh. Cody is a YouTuber specializing in personal finance, stock options, and real estate investing, who helps everyday people gain back financial control and reach financial freedom in less than one year's time! With nearly 14k subscribers, and 300k+ total views, Cody started out as a first-generation immigrant from Taiwan, arriving in Canada at 18 on a student visa. Cody has now built a business that generates five-figure monthly returns through his investments and ‘Stock Investing for Beginners’ community (4.2k members)! When Cody is not investing in stocks, he is focused on real-estate, where Cody’s team works with busy money partners who are looking to generate great returns on their investment in a simple and hassle-free way.Key Points From The Episode: -Cody Yeh's background, starting off going to college wanting to be an engineer. Then realizing it wasn't for him. -While working at Honda finding his true passion.-Buying his first rental property using the profit to invest in the stock market. -Teaching other investors how to acquire off-market real estate deals.- Cody's real estate/stock investing strategy. Using the money from real estate and funneling it into the stock market.-How to speed up the cycle of creating generational wealth.-How insurance companies never go broke.- Warren Buffett’s derivative contracts explained. How he makes billions from insurance premiums.-The importance of building multiple streams of income.Books mentioned: Who Not How by Dan Sullivan & Money People Deal by Stefan AarnioCheck us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

In today’s episode of Ritter On Real Estate, We chat with Ali Boone. Formerly an Aerospace Engineer, Ali Boone is an entrepreneur, real estate investor, author and real estate investing coach. Her company Hipster Investments managed to facilitate over $18M in real estate transactions in it’s first five years of business. She was a long-time writer for BiggerPockets and has been featured in the Motley Fool, Fox Business, Business Insider, Investopedia, and US News. She recently authored NOT Your How-To Guide to Real Estate Investing: Life Lessons for Hacking Your Mind Before You Hack Your Wallet.Her ultimate goal is to one day challenge Tim Ferriss to a lifestyle design duel! Welcome to the podcast, Ali! Key Points From The Episode: Growing up working in aviation and corporate America. Making the transition from working in corporate America to real estate investing.Coaching other investors on how to buy turnkey properties. Why having the proper mindset is essential for new investors' success. Too much information being out there for new investors. How to narrow down your focus.How to find your niche in real estate investing. Where to start, determining your goals as a new investor.The three currencies - Money, time, and sanity. Similarities between turnkey and multifamily.Why Ali loves turnkey properties. The value and lifestyle flexibility they provide. Download Ali’s book here: https://www.hipsterinvestments.com/ritterhttps://www.hipsterinvestments.com/Check us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

In today’s Ritter On Real Estate episode, we have on returning guest, Paul Ross. Paul is an author, speaker, trainer, and master practitioner of neuro-linguistic programming. This episode goes over various aspects of the brain, communication, and how the mind works. Paul also lays out some frameworks to help listeners with proper decision-making! Key Points From The Episode: Paul’s background, how he got started helping people navigate the complexities of the mind.The human mind and how it’s hardwired to think negatively.Kent recalls his personal experience getting coaching from Paul, how it helped him negotiate a multi-million dollar real estate deal. How Paul’s mindset coaching can positively assist real estate investors.Pauls's key's to success, the importance of a track record.  Books Mentioned: Subtle Words That Sell by Paul RossWhere to find Paul: speakerpaulross.comCheck us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

In today's episode of Ritter On Real Estate, we chat with Joseph Very. Joseph is the Principal at US Tax Advisors Group, Inc (USTAGI). As a Cost Segregation Professional, he has helped property owners defer or eliminate millions of dollars in income taxes by leveraging cost segregation studies. Joseph has performed thousands of Cost Segregation studies for clients in various industries ranging from $500,000,000 commercial properties to $50,000 single-family residences.In addition to Cost Segregation studies, Joseph is able to offer 179d and 45L energy tax credits as well as Research and Development (R&) tax credits.Key Points From The Episode: Joseph's background as an entrepreneur. Selling his travel business, dealing with the real estate crash of 2007. Saving clients tens of thousands of dollars in income taxes.What is cost segregation?How cost segregation impacts real estate Investments.Accelerating depreciation and offsetting taxes using cost segregation. Joseph explains the process of how cost segregation works. Accelerating depreciation and how it works. Providing investors with an in depth fully-engineered cost segregation analysis.What happens when you sell a property that has used cost segregation. Understanding the various nuances of cost segregation. The importance of having a really good real estate accountant. Books mentioned: Think and Grow Rich by Napoleon Hill Joseph can be reached at (888) 263-1663 or joev@ustaginc.com.Ustagi.comCheck us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

In today’s episode of #RitterOnRealEstate, we interview Josh Wilson of JW Property Services. A property management firm with over 300 units under management. Josh is also a 15-year real estate veteran. Over the years, Josh has turned $150,000 into over $15,000,000 using the BRRRR method. Welcome to the show, Josh! Key Points From The Episode:How Josh got started in property management. Getting 300+ units under management. Using the BRRRR Method to grow his investment portfolio substantially. Going through the crash of 2007, how it changed his investment strategy.Knowing when and how to capitalize on opportunities.How Josh discovered the BRRRR Method.Understanding the difference between private money and hard money. Transitioning from single-family to multifamily investing. Overcoming limiting beliefs when it comes to scaling your business. How to find deals. Knowing what to look for as a new investor.Real estate vs other investment vehicles.Lessons for new investors. The importance of having reserves.Books Mentioned:The 10X Rule by Grant CardoneJoin the BRRRR Bootcamp: https://m.facebook.com/groups/brrrrbootcamp/Check us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

Today’s #RitterOnRealEstate guest is Janet Fields. Janet Fields is the CEO and co-founder of Oak Trust Properties. She got into property management as a child when her parents started flipping houses to rent them out and got the entire family involved in the renovation process. Now, Janet leads a team of almost entirely women in the male-dominated property management industry, offering a strategic approach to optimizing the returns on your rentals. Welcome to the show Janet! Key Points From The Episode: Janet’s background, being born into real estate. Parents always buying/selling real estate & managing properties.Understanding the role of a property manager. The signs of a good property manager. How to set up solutions for investors as a property manager. Communication between property owners and managers. Knowing when it time to move on from your current property manager. The accidental investor, and why they are often doomed before they start.Mistakes new investors make when it comes to property management. Focusing on what’s profitable and just glamorous work. Standardization being your friend. Books mentioned: The Road Less Stupid by Keith J. Cunningham https://oaktrustproperties.com/Check us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

In today's episode, we have on special guest Mark Hamilton. Mark is a veteran real estate investing expert, and founder of Hamilton Zanze, a real estate investment firm with a portfolio of over $4.3 billion that specializes in multifamily investments. The company is one of the nation's largest privately held multi-family syndication companies with over 20,000 apartment units under management.Mark has really positioned himself as the expert who has seen ins and outs of multi-family investing and offers a wealth of information. Welcome to the podcast Mark! Key Points From The Episode:How Mark Hamilton Initially wanted to be a teacher but then got started in real estate investing.Working in a commercial real estate investing firm right out of school.Why finding the right business partner is crucial.The importance of building the right team when investing in real estate.Dealing with competition & investing outside of your comfort zone.Underwriting deals. The importance of focusing more on volume than underwriting.How to determine if the market is worth investing in. What indicators to look at.Having 24,000+ units under management.The biggest lessons Mark learned over the years. How to analyze deals.Understanding/leveraging different types of debt based on the timeframe of the deal. Mark’s market prediction for 2022. Books Mentioned:Tipping Point By Malcolm GladwellHow To Reach Mark:- mark@hamiltonzanze.com Mention “Ritter On Real Estate” Check us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

In today's episode of Ritter On Real Estate, we chat with Tim Little. Tim Little is the founder and CEO of ZANA Investments, a real estate syndication firm named after his two daughters, Zara and Lana. He helps busy professionals keep more of their time and get competitive returns by offering them opportunities to passively invest in apartment buildings. Tim started investing in real estate with a duplex in 2014 and has grown to a portfolio of 195 co-owned units valued at over $24.7 million. Practicing what he preaches, he is also passively invested in another 296 units. Outside of real estate, Tim is the Commander of an Army Reserve Public Affairs unit. In his free time, he enjoys dabbling in cryptocurrency and traveling with his wife and daughters. Welcome to the show, Tim! Key Points From The Episode:Starting off investing in a duplex back in 2014.Why multifamily is a better investment than single-family.What inspired Tim to take action and invest in real estate.The unpredictability that comes with W-2 jobs.Slowly building his multifamily portfolio. Investing in larger commercial multifamily deals to create passive income.Passively investing in a 137 unit deal. Receiving his first payout.The importance of identifying your why.Investing as a GP in his first syndication deal! Tips for new real estate investors. Trust but verify.Books Mentioned: - Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad-Who Not How: The Formula to Achieve Bigger Goals Through Accelerating By Dan SullivanCheck us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio

Today's #RitterOnRealEstate guest is Justin Silverio. Justin is the owner of JS2 Homes, Open Letter Marketing, and Invelo. He has had extensive experience in rehabbing, new construction, wholesaling, and multi-family condo conversions in and around the Boston area since he began real estate investing in 2011. Justin founded Open Letter Marketing in 2016 with a focus on providing thousands of real estate investors throughout the country with a more effective direct-to-seller marketing. His newest venture, Invelo, is a next-generation software that spans an investors' full sales and marketing cycle. Welcome to the show, Justin! Key Points From The Episode:Working in the Accounting field before starting in Real Estate.Launching Open Letter Marketing for direct to seller marketing.Becoming more efficient in attracting home sellers.Solving problems for himself and his investing as well as other investors' problems.The amount of competition in the Real Estate market nowadays being different.Best practices for direct to seller marketing. Doing due diligence upfront in the property that you’re dealing withThe Key piece of marketing is consistency. The significance of spending more money on a smaller list of properties than larger ones. Standing out to get their attention. The willingness to invest upfront, change in mindset.The importance of building simple rapport early on to be remembered.Off Market Deals and why they are so important. Invelo Investor Software Explained. = Prospect + Lead + Deal cycles.Investing in education, self-improvement, and building a community.Importance of getting feedback for self-improvement.True growth comes from being uncomfortable.Books mentioned:How to Turn $100 into $1,000,000 - James McKennaRich Dad, Poor Dad - Robert Kiyosakiinveloapp.comCheck us out on socials: Instagram LinkedIn Youtube https://hudsoninvesting.com/ Production by Outlier Audio