The Best Ever CRE Show

In this episode, Ash, Slocomb, and Travis discuss how the economic and political climate in mid-May of 2022 is impacting the way they look at deals, the rules of thumb they follow when it comes to recession recovery, and the fundamentals of the economy. Each week for the Best Ever Round Table, the three Best Ever Show hosts — Ash Patel, Slocomb Reed, and Travis Watts — come together for a deep dive into a commercial real estate investing topic. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com  Learn more about your ad choices. Visit megaphone.fm/adchoices

Dan Kryzanowski has been a passive investor for the past decade and plans on using the summer of 2022 to reflect on his investment strategy, his goals, and the asset class(es) he chooses to focus on. Dan is an advisory partner at BV Capital, which is a private, veteran-owned real estate development and investment company. In this episode, Dan explains why he is taking a temporary step back this summer when it comes to investing, why he recommends deferring taxes with the Delaware Statutory Trust, and why he recommends completing additional due diligence when dealing with a sponsor consisting of only one GP. Dan Kryzanowski | Real Estate Background Advisory partner at BV Capital, which is a private, veteran-owned real estate development and investment company. Portfolio: LP of: 2,600+ storage units 1,500+ multifamily doors Additionally, dozens of industrial, infrastructure, and residential properties Based in: Austin, TX Say hi to him at: LinkedIn bvcapitaltx.com/ learn.rocketdollar.com/hc/en-us Greatest lesson: Be extra cautious (and complete additional due diligence) when dealing with a sponsor consisting of only one GP. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com  Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Ash talks about broker relationships and how to secure deals from brokers. Anyone can develop great broker relationships, he says — it’s all about how you approach them. Ash takes time to go through his LinkedIn inbox to demonstrate examples of the do’s and don’ts when it comes to reaching out to brokers. The Beyond Multifamily series is hosted by non-residential commercial real estate investor and Best Ever Show host, Ash Patel. Ash’s goal for this series is to introduce you to the world of non-residential commercial real estate investing and teach you how to look at and underwrite different commercial asset classes. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. Navy Veteran Melanie McDaniel had been working as a park ranger for nine years when she decided to leave her federal career behind and become a full-time real estate entrepreneur. Today, she is the founder, partner, and fund manager at Freestyle Capital Group and Freestyle Fund. In this episode, Melanie shares how she became a co-GP and capital partner, her thoughts on investing in real estate during a high inflation period, and why conducting due diligence on deal fees is more important than ever right now. Melanie McDaniel | Real Estate Background Founder and partner/fund manager at Freestyle Capital Group and Freestyle Fund. Freestyle Capital Group is a boutique private equity firm that focuses on a variety of asset classes, and Freestyle Fund is a customizable Fund. Portfolio: GP of: 206 units across AZ, TX, and VA Owns 24 units in Norfolk, VA Triple net in Longview, TX Three luxury residential assisted living houses LP of: 276 units in Huntsville, AL Based in: Austin, TX Say hi to her at: freestylecapitalgroup.com Facebook Instagram: @freestylecapitalgroup LinkedIn Twitter: @freestyleinvest YouTube Greatest lesson: Everyone who has made money from real estate has been a genius in the last 10 years. The coming times are going to separate the true professionals from the operators who have gotten lucky with the market cycle. Do your due diligence. I have looked at enough underwriting in the last two years to know that a large majority are underwriting aggressively based on the market cycle we just went through. It is time to play defense and look for lower-risk opportunities with strong teams with a track record. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com  Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Travis discusses the future of multifamily within a 10-year time frame. His projections are based on his investor relations experience and conversations he has had with investors regarding uncertainty in the current market. By zooming out to look at things from a macro level, he hopes to help others avoid analysis by paralysis when it comes to their own investments. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. Air Force Veteran Rich Neuharth rented and rehabbed 80 single-family homes before making the switch to multifamily syndications two years ago. Today, he co-owns and handles acquisitions for Aviana Capital Group, a private real estate investment firm focused on multifamily. In this episode, Rich tells us what drew him to apartment syndications, how he’s seen Covid impact landlord/tenant relationships, and how the current economic and political climate has affected his approach to debt. Rich Neuharth | Real Estate Background Co-owner/acquisitions at Aviana Capital Group, a private real estate investment firm that focuses on multifamily. Portfolio: GP of 600+ units Works full-time as an air traffic control specialist Based in: Denton, TX Say hi to him at: avianacapgroup.com Facebook Linkedin Best Ever Book: The Virgin Way by Richard Branson Greatest lesson: Stay humble or be humbled. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com  Learn more about your ad choices. Visit megaphone.fm/adchoices

Tosin Oduwole was raised in an entrepreneurial family where he was exposed to the real estate business at a young age. After attending boarding schools in Europe and Africa that nurtured his entrepreneurial spirit throughout his teens, Tosin arrived back in the states ready to get to work. Today, he is CEO and founder of Building AQuisition Partners, a regulation D 506(c) fund that invests in turnkey and distressed assets in developing markets. In this episode, Tosin discusses how he raised capital for his first fund without a track record, the creative ways he finds deals, and how to build a strong credit profile. Tosin Oduwole | Real Estate Background CEO and founder of Building AQuisition Partners, which is a regulation D 506(c) fund that invests in turnkey and distressed assets in developing markets. Previous episode: JF554: How He Wholesales, Holds, and Raises Money! Portfolio: GP of 98 units LP of 22 units Based in: Miami, FL Say hi to him at: https://Trial.propstreampro.com/tchg/ Instagram: @tosin_oduwole Linkedin Greatest lesson: Have patience and wait for the right deals that fit the criteria of your investing level. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com  Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Ash, Slocomb, and Travis talk about the two sides of the coin: personal finance and investing. They discuss the importance of each practice and share tips and stories based on their own personal experiences. Each week for the Best Ever Round Table, the three Best Ever Show hosts — Ash Patel, Slocomb Reed, and Travis Watts — come together for a deep dive into a commercial real estate investing topic. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com  Learn more about your ad choices. Visit megaphone.fm/adchoices

Retired nurse and anesthetist Bobby Jones is an apartment syndication investor on a mission to spread the word about real estate investing to other healthcare professionals. Today, he is the founder of On Call Capital, which matches these professionals up with reputable operators in the real estate and alternative investing space. In this episode, Bobby shares how he discovered apartment syndications, what influenced him to move beyond passively investing to become a GP, and how he uses commonality to build his network. Bobby Jones | Real Estate Background Owner of Yellow Hammer Properties Inc, which helps others achieve financial freedom through real estate investments. He focuses on residential flips and multifamily investments. Portfolio: GP of 234 units in Texas LP of 68 units in Alabama. 20 years of real estate experience Based in: Birmingham, AL Say hi to him at: Iambobbyjones.com https://podcastconnection.org/bobbyjones/ Greatest lesson: If you want to go where everyone else is going, then do what they do. If you want to stand out and do something different, then you need to try new things. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com    Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Ash discusses four common limiting beliefs that keep investors from accomplishing their goals and provides solutions to overcome them based on his personal experiences. The Beyond Multifamily series is hosted by non-residential commercial real estate investor and Best Ever Show host, Ash Patel. Ash’s goal for this series is to introduce you to the world of non-residential commercial real estate investing and teach you how to look at and underwrite different commercial asset classes. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com  Learn more about your ad choices. Visit megaphone.fm/adchoices