The Gentle Art of Crushing It!

The Gentle Art of Crushing It
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May 23, 2024 • 39min

EP 199: Brian Kochendorfer and Randy Smith - Increasing MF rents with predictable tax and insurance in Midwest Markets

Brian Kochendorfer is the Managing Member of Arc Equity Group, a Chicago-based real estate investment firm specializing in acquiring and operating apartment properties in the Midwest. Brian is a general partner in 700 units and limited partner in over 400 apartment units with a total value of approximately $110,000,000. In addition, Brian is President and a Principal at Essex Realty Group, Inc., which has consistently been a top multifamily brokerage firm in Chicago since 1990.  He has 17 years of experience in Commercial Real Estate and has been involved in over $900M in real estate transactions throughout his career, primarily in multifamily. At Arc, Brian leverages his investment and brokerage experience to oversee the firm’s acquisition and operational strategy. https://arcequitygroup.com/ RANDY SMITH Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor
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May 21, 2024 • 26min

EP 198: Jesse Ray and Doug Clark Aspiring and experienced entrepreneurs' THRIVE in the Growth House

Jesse made it to the top of a Fortune 500 Sales Organization (#4 out of 500+ Reps) and realized he hated conference calls and all things corporate.This led Jesse to build a portfolio of single family coliving rentals in Phoenix, AZ. His unique strategy to maximize cash flow with each property by renting out individual furnished rooms led to his rental income surpassing his 6 figure corporate salary.Once he achieved financial freedom Jesse left his W2 to travel the world and startGrowth House.Growth House Living - furnished rentals for entrepreneurs and aspiring entrepreneurs to live and build togetherGrowth House Community - private community of action takers striving for financial freedom Jesse also created "Growth House Podcast" - the weekly entrepreneurship podcast that helps people replace corporate with cash flow.Now, Jesse’s full time job is helping others do what he did by helping his members to design their business around their dream life. DOUG CLARK Doug Clark is a husband of one, father of six, real estate investor, who is passionate about growth and living life to the fullest! His main goal is to create the life of his dreams and live it on his own terms. He intends on helping as many people as possible to realize this worthy goal for themselves as well. Reach out to him anytime to connect for any reason and you never know he may just have the answer you are looking for! His passions range from his family to being a Christian to studying and implementing success principles, technology, skateboarding, music, and martial arts to name just a few. https://www.linkedin.com/in/douglas-clark-a13a68191/ https://www.facebook.com/doug.clark.3785373 https://www.instagram.com/thedouglasbrianclark/
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May 16, 2024 • 32min

EP 197: Calvin Lowe and Randy Smith - Medical Professional Offsets W2 Income Through Passive Investing

Calvin Lowe is a full-time physician in the Division of Emergency and Transport Medicine at Children’s Hospital Los Angeles. He is amidst his 31st academic year at CHLA and serves as the medical director of the Alan Purwin Emergency Transport Program. Calvin has lectured nationally and has served as the course director of multiple national medical conferences. He has given many television, radio, and print interviews. He has been quoted in the Los Angeles Times and has appeared on CNN’s “Larry King Live,” the British Broadcasting Company (BBC) radio and the Animal Planet Channel.He and his wife, Peggy, became passive real estate investors through Vertical Street Ventures in late 2021. In May 2022, they took the next step to become active investors by enrolling in the VSV Academy. They subsequently founded PEACEquity, LLC, with the philosophy of “family, peace of mind and generational wealth.” The name has special meaning because the first four letters are the acronym of the first names of the Lowe family – Peggy, Elizabeth, Austin, and Calvin. Calvin and Peggy became multifamily apartment investing general partners thereafter. Currently their portfolio consists of over 850 doors with properties in Arizona, California, Texas, and Utah.Calvin has served as the master of ceremonies of the VSVCON, the Vertical Streets Ventures National Conference in 2022 and 2023. Calvin and Peggy are also host partners with the Passive Income Club who have monthly meetups in the Southern California area. The aim of the meetups is to educate those who want to achieve the freedom of time through passive income streams.Email: cal@peacequity.com Website: www.peacequity.com RANDY SMITH Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor
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May 9, 2024 • 35min

EP 196: Andrew Freed and Randy Smith - 0-150 small/medium multifamily units in 3 1/2 years while still working a W-2

Andrew Freed, started as a project manager on the W2 track, experienced a paradigm shift inspired by Rich Dad Poor Dad, prompting him to pursue financial freedom through real estate. Leveraging his Boston condo with a HELOC, he strategically acquired 10 properties over 2 years, including multifamily units and syndications, and employing creative financing methods. As of present, Andrew oversees a portfolio comprising over 150+ units with an additional 80 units under contract. Andrew emerged as a prominent figure in real estate, specializing in multifamily investments, house-hacking, and syndication. Acknowledged as a distinguished figure in real estate investing, Andrew became the top contributor on BiggerPockets and featured on podcasts such as BiggerPockets Rookie Guest and One Rental at a Time. Committed to community engagement, he regularly presents at real estate meetups, fostering connections and sharing expertise. Andrew's ultimate goal is traveling the world and empowering others to attain financial freedom through real estate investment.As an agent, I specialize in multifamily properties in and around Worcester. I have helped a multitude of buyers obtain their first househack and start their real estate investing journey. My expertise lies in creative financing, project management, house-hacking, multifamily investing, and self-management. I have a passion for teaching others about the power of real estate investing and financial literacy. My ultimate goal is to travel the world and help thousands of others achieve financial freedom through real estate investing. RANDY SMITH Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor
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May 6, 2024 • 31min

EP 195: How to buy your first self storage facility in less than 6 months

Marta Cieslak shares insight on self storage investing. DOUG CLARK Doug Clark is a husband of one, father of six, real estate investor, who is passionate about growth and living life to the fullest! His main goal is to create the life of his dreams and live it on his own terms. He intends on helping as many people as possible to realize this worthy goal for themselves as well. Reach out to him anytime to connect for any reason and you never know he may just have the answer you are looking for! His passions range from his family to being a Christian to studying and implementing success principles, technology, skateboarding, music, and martial arts to name just a few. https://www.linkedin.com/in/douglas-clark-a13a68191/ https://www.facebook.com/doug.clark.3785373 https://www.instagram.com/thedouglasbrianclark/
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May 2, 2024 • 40min

EP 194 : Dan French and Randy Smith: Multifamily operator with 100+ acquisitions at $2B+ in value with 86 full cycle deals

Dan French is on ATX's Investment Committee. He has been a business partner of ATX Founder, Peter Rex, for 1 8 years. He served as CEO of Avesta beginning in 2015 and was instrumental in helping grow it into a company with roughly 500 teammates which was named one of Fortune Magazine’s ‘Best Places to Work’ and ranked top 5 for most apartment renovations.To learn more about this amazing investment opportunity, Portofino Club Apartments by ATX Acquisitions, please click here - https://impactequity.investnext.com/portal/offerings/5843/ RANDY SMITH Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor
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Apr 25, 2024 • 30min

EP 193: Michael Wegmann and Randy Smith - California Active Investor To Passive Investing

MICHAEL WEGMANN, MBA After building a real estate portfolio of over $32M, Michael Wegmann founded Wegmann Investments because he saw the highest return on 100+ apartment complexes in Texas and Arizona, and other “landlord” friendly, no rent-control states. That’s when Michael found Rise 48. Michael founded Wegmann Investments so that his family, friends clients could earn high returns from apartment flipping and syndication. After 28 years of Real Estate experience in California of “flipping” 5 homes and 11 apartment complexes in RENT CONTROLLED cities, he began to look for more profitable cities. With an MBA, a real estate license and having flipped 16 properties, Michael immensely the flipping process and how Rise 48 is the best in the Nation. Prior to Wegmann Investments, Michael worked at IBM, Paramount Pictures Interactive and co-founded Math.com, the World’s Most Popular Math Site. RANDY SMITH Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor
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Apr 18, 2024 • 42min

EP 192 : Best Ever Conference - Impact Equity Partner Panel

Join us for a live recording from the Best Ever Conference in Salt Lake City on April 11th, 2024 on the PREIshare Podcasting Stage where we had a discussion around value add strategies, debt selections processes and the future of alternative investments with three of Impact Equity's premier operators:  Zach Haptonstall from Rise48, Sam Silverman from Techvestor, and Rob Beardsley from Lone Star Capital.
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Apr 11, 2024 • 32min

EP 191: Brian Tibbs and Randy Smith - Building multimillion net worth at $9.20/hour over 16 years

Brian is on a mission to serve people using his skills and experience in building significant wealth. He’s eager to hear your story and walk with you in your wealth-building journey.As Brian Tibbs emerged into young adulthood, it was clear to himself and everyone around him that he was destined to be a businessman. By age 26, he had already started investing in real estate, was an executive in his dad’s financial services company, and was co-owner of another small online retailer.But Brian felt a calling down a different path. Over the next three years, Brian married Jill Bramhall, resigned from his father’s company, sold his online business and liquidated 60% of his real estate portfolio, and moved, sight unseen, to Guatemala.Over the next 16 years, Brian built a team that recruited and trained 380 leaders to plant 96 churches in 11 countries. They raised over $20,000,000 for the cause and built over 150,000 sq. ft of churches and related facilities.Brian and his family made very little money as missionaries. Dividing their total ministry salary into the total hours both Brian and Jill worked over the 16 years in ministry shows that they made just $9.20 per hour, below the legal minimum wage in most states.Despite their limited income, they have built a multi-million dollar net worth. They no longer need jobs to pay the bills. Instead, they have the luxury to pick and choose their work and do so on their terms.Their modest salary forced them to create a wealth-building philosophy that didn’t require a big paycheck. Living under this financial constraint is how the HACKER Method was discovered and implemented. The HACKER Method enabled the Tibbs’ to create a multimillion dollar net worth by Brian’s 44th birthday.Although Brian has retired from full-time missionary work, his desire to serve others remains a primary focus. He launched The Unexpected Investor with the singular goal of helping other people who also feel financially constrained transform themselves into wealthy, powerful, and generous investors using the HACKER Method.Buy Brian's book here - https://theunexpectedinvestor.com/the-hacker-method/ RANDY SMITH Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor
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Apr 4, 2024 • 44min

EP 190 : Colin Davis and Josh Condado with Randy Smith - The path to 1000 pads in mobile home communities

Joshua Condado is a Nurse Anesthesiologist that started real estate investment company with his sister and brother in law in 2020. They focus on Manufactured housing communities and have been able to scale their company using creative finance strategies on most of their portfolio. While he enjoys administering anesthesia in the operating room, he found freedom in making income outside of the hospital. Figuring out how to make his money work for him rather than just tying his money to an hourly wage, he admits is the most valuable skill he has learned. RANDY SMITH Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor

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