The Best Ever CRE Show

Joe Fairless
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Jan 26, 2022 • 27min

JF2703: How This 20 Year Old Built a Multifamily Portfolio in One Year ft. Brad Simtob

Brad Simtob started investing in commercial real estate when he was just 19 years old. Now at 20, he has grown his portfolio to 350 units and has no plans of slowing down anytime soon. In this episode, Brad shares how he found his current deals and the goal-setting strategy that has helped him achieve his success. Brad Simtob | Real Estate Background Founder of Simtob Management & Investment LLC which purchases value-add multifamily in the Midwest. They are proprietary with their in house construction and property management team. They typically utilize a unit renovation value-add and are able to complete it for 30% less than the closest general contractor quote. Portfolio: GP of 350 units in Michigan. He’s 20 years old Based in: Grand Rapids, MI Say hi to him at: www.simtob.com | brad@simtob.com Best Ever Book: Traction: Get a Grip on Your Business by Gino Wickman Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jan 25, 2022 • 37min

JF2702: 4 Ways to Balance a Full-Time Job with Multifamily Investing with Iven Vian

Iven Vian managed his multifamily investments while working full-time in the Air Force for 15 years. Finding the right strategy to maximize his time spent on his investments while also ensuring he could do his job and spend time with his family has been crucial to his success. In today’s episode, Iven shares how he found his first multifamily deal, how to find a good business partner, and the key to juggling both your job and your CRE assets.  Iven Vian | Real Estate Background Founder of Anthem Capital which syndicate funds to purchase multifamily properties. Portfolio: ~1,200 units over 8 properties as GP. 900 units over 5 properties as LP. Retired from the Air Force 10/1/2021. He was a Lt. Colonel who flew the B-1B. Has been investing in RE for the past 15 years and multifamily RE for the past 6 years. Based in: Oklahoma City, OK Say hi to him at: anthemcp.com | iven@anthemcp.com | LinkedIn: https://www.linkedin.com/company/anthemcp/mycompany/?viewAsMember=true Best Ever Book: You Were Born Rich by Bob Proctor Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jan 24, 2022 • 28min

JF2701: Uncover the Value-Add Potential in Class-A Properties with Jonathan Nichols

For many commercial real estate investors, C-Class and B-Class properties are almost synonymous with the term “value-add.” But for Jonathan Nichols, he’s found that there’s still value-add opportunities in Class-A properties that investors might otherwise miss. In this episode, Jonathan reviews his recent deals, including a Class-A student housing property, and why value-adds can also apply to Class-A properties. Jonathan Nichols | Real Estate Background Full-Time Syndicator at Apogee Capital which helps people passively invest in value-add multifamily real estate. Portfolio: GP of 200 multifamily units, 18 short-term rentals. LP of 250 units. Worked for 10 years as an aerospace engineer and went full-time in real estate in 2021. Based in: Arlington, TX Say hi to him at: www.apogeemfc.com | LinkedIn: https://www.linkedin.com/in/jonathan-nichols45/ Best Ever Book: The ONE Thing: The Surprisingly Simple Truth About Extraordinary Results by Gary Keller Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jan 23, 2022 • 26min

JF2700: 4 Signs You’re Being Misled on a Multifamily Deal with K. Trevor Thompson

When K. Trevor Thompson joined as a Limited Partner on a 170-unit deal, it turned out that he’d been misled about the property and the investment plan. Between mislabeling the class of the property to poor financial decisions, Trevor quickly realized it was inevitable that the deal would go south. In this episode, Trevor reviews his recent deals, how he transitioned from passive to active investing, and the lessons he’s learned on how to vet multifamily deals.  Trevor Thompson | Real Estate Background Founder of Niagara Investments LLC which focuses on apartment syndication. Portfolio: GP on 240 doors. LP on 17 syndicated deals. Based in: Austin, TX Say hi to him at:  www.niagara-investments.com | ktt@niagara-investments.com Best Ever Book: Best Ever Apartment Syndication Book by Joe Fairless Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jan 22, 2022 • 32min

JF2699: 3 Ways to Generate More Income Through Property Management with AJ Shepard

As AJ Shepard started taking on bigger multifamily investments, he knew he would need to find a way to generate more income to qualify for more financing. That’s when he realized he could start his own property management company and oversee his own investments as well as others, bringing in the necessary cash and then some. In this episode, AJ shares the benefits of not only being an investor, but also running your own property management company. AJ Shepard | Real Estate Background Owner and Managing Partner of two companies, Uptown Syndication and Uptown Properties. They focus on purchasing large multifamily assets through a partnership with passive investors. They operate under exemption 506(b) and need to have a prior relationship for them to share any opportunities. They manage these investments through their own property management company, Uptown Properties. Portfolio: 150+ units as GP. Managing 700+ units under his property management company. Based in: Portland, OR Say hi to him at: https://www.uptownsyndication.com and https://www.uptownpm.com | LinkedIn: https://www.linkedin.com/company/uptown-syndication | https://www.westsideinvestorsnetwork.com/ Best Ever Book: Never Lose a Customer Again: Turn Any Sale into Lifelong Loyalty in 100 Days by Joey Coleman Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jan 21, 2022 • 33min

JF2698: Best Tips on Housing Forecasts with Kathy Fettke

We’re sharing the top ten sessions from the Best Ever Conference 2021 as we gear up for the second Best Ever Conference at the Gaylord Rockies Convention Center in Colorado this February 24-26th. In this episode, Kathy Fettke—Co-CEO of Real Wealth Network, Host of the Real Wealth Show, and author of Retire Rich with Rentals—shares what to really look for when forecasting the real estate market. Register for the Best Ever Conference here: www.besteverconference.com Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jan 20, 2022 • 23min

JF2697: How to Live a Balanced Life – The Investor Lifestyle | Actively Passive Investing Show with Travis Watts

Maintaining a good work-life-balance can be difficult to accomplish. In this episode, Travis shares the lessons he’s learned trying to navigate a good balance between work and the other aspects of his life, such as health, relationships, and more. Want more real estate advice? We think you’ll like this episode: JF2627: 5 Ways to Align Your Investments to Achieve Your Goals | Actively Passive Investing Show 67 Check out past episodes of the Actively Passive Investing Show here: bit.ly/ActivelyPassiveInvestingShow. Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jan 19, 2022 • 25min

JF2696: 4 Ways to Find Low Competition, High Cash Flow Multifamily Markets with John Todderud

Focusing on smaller, growing markets for multifamily properties has provided John Todderud a chance to get ahead of the competition. Existing competition is low, and opportunity for cash-flow heavy properties is high—if you know what you’re looking for. In this episode, John discusses what to look for when selecting a potential business partner and how to find and evaluate multifamily markets. John Todderud | Real Estate Background Founder of Cardinal Oak Investments which buys multifamily properties in growing markets with cash flow and limited competition for deals. They work with partners to help them manage the asset, fund the equity, maintain the books, and communicate with investors. Portfolio: 96-unit in Tulsa, OK as GP. Two investments as LP. Recently sold two properties: a 32-unit he syndicated in Greenville, SC, and a 15-unit in Yakima, WA. He’s doing a 1031 exchange from the 15-unit, buying a 40-unit apartment complex in Kansas City. Based in: Renton, Washington Say hi to him at: www.cardinaloak.com | Instagram: @johntodderudoutdoors | john@cardinaloak.com Best Ever Book: Killers of the Flower Moon: The Osage Murders and the Birth of the FBI by David Grann. Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jan 18, 2022 • 25min

JF2695: 3 Advantages to Investing Multifamily in Opportunity Zones with Nick Simpson

It can be hard to find good deals in a competitive market, but Nick Simpson has found a possible, profitable solution: Opportunity Zones. Opportunity Zones are low-income areas that are set up to encourage an increase in economic growth. For Nick, these areas hold a lot of possibility for multifamily value-adds. In this episode, Nick breaks down two of his deals and shares why we should look to Opportunity Zones for investments.  Nick Simpson | Real Estate Background Founder and CEO of Mentis Capital Partners which focuses on value-add multifamily (Class B & C), and ground-up development of multifamily and student housing (Class A). Portfolio: $60MM as GP 10 years of REI experience Based in: Salisbury, Maryland Say hi to him at: www.mentiscapitalpartners.com Best Ever Book: Am I Being Too Subtle?: Straight Talk From a Business Rebel by Sam Zell Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jan 17, 2022 • 27min

JF2694: How to Select Your Multifamily Market with Julie Holly

Multifamily investor Julie Holly’s properties are 1,000 miles away, and there’s a reason for that. In this episode, Julie reveals why she went outside of her backyard to find deals, how she selected her market location, and how she sourced her recent deals. Julie Holly | Real Estate Background Founder of Three Key Investments which focuses on multifamily investments. Portfolio: Strategically partnered in 69 units in Atlanta, LP on nearly 300 units in Huntsville, Alabama. She manages these properties while 1,000 miles away Based in: Bonners Ferry, Idaho Say hi to her at: https://www.threekeysinvestments.com/ Socials: LinkedIn https://www.linkedin.com/in/julie-holly/ Best Ever Book: Stillness Is the Key by Ryan Holiday | The Alchemist by Paulo Coelho Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices

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