The Best Ever CRE Show

On this episode of Next Level CRE, Matt Faircloth interviews Kathy Fettke, co-founder of Real Wealth Network and host of The Real Wealth Show. Kathy shares her colorful journey from talent agency owner to newscaster, and eventually to full-time real estate investor and educator. She recounts how a cancer scare in her family spurred her pivot to learning about passive income and real estate, leading to the creation of one of the earliest turnkey investment models. Kathy and Matt also dive deep into current market conditions, discussing interest rates, multifamily opportunities, and why she's bullish on overlooked Midwest markets like Indianapolis and Milwaukee. Kathy Fettke Current role: Co-CEO, Real Wealth Network Based in: Malibu, California Say hi to them at: https://realwealth.com or on her podcast The Real Wealth Show Visit investwithsunrise.com to learn more about investment opportunities.  Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com with code BESTEVER Join the Best Ever Community  The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It’s free to join, but you must apply and meet the criteria.  Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at ⁠www.bestevercommunity.com⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of the Passive Income Playbook, Pascal Wagner interviews Ryan Duff, a former mortgage broker who spent 14 years underwriting loans before transitioning into LP investing. Ryan shares how his front-row seat in the lending world gave him a unique edge in identifying quality sponsors and structuring successful deals. He discusses the three core pillars of underwriting—borrower credit, asset performance, and market fundamentals—and why sponsor quality trumps everything in investment decisions. Ryan also breaks down how lending standards have tightened post-2021, what LPs should really be asking for in due diligence (hint: request the REO schedule), and how market dislocation is creating powerful opportunities for plugged-in investors. Ryan Duff Current Role: Founder at Seaport Capital Advisors, capital advisor and LP investor Based in: East Coast (primarily invests in Southeast and Midwest markets) Say hi to them at: LinkedIn Visit investwithsunrise.com to learn more about investment opportunities.  Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com with code BESTEVER Join the Best Ever Community  The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It’s free to join, but you must apply and meet the criteria.  Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at ⁠www.bestevercommunity.com⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Mike Kron, founder of Guardian Advisory, dives into the realm of single tenant net lease (STNL) retail assets, emphasizing their resilience against e-commerce giants like Amazon. He believes now is the ideal time to invest, fueled by anticipated interest rate drops. Kron shares insights on his fund's strategy, targeting an impressive 18% IRR by focusing on long lease terms and high-credit tenants. The discussion also covers the return of bonus depreciation and the evolving landscape of retail, highlighting his commitment to stability and investor-friendly approaches.

David Hrizak, CEO of Streamline Capital Group with 29 years in real estate, dives into his inspiring journey. After a near-death experience, he co-founded a firm focusing on passive investing, specifically targeting resilient medical and Class B office buildings in Phoenix. He discusses a bold ground-up project—a lavish 70,000-square-foot music venue—and shares insights on tax benefits like bonus depreciation. David emphasizes the importance of market adaptability and investor education in cultivating long-term legacy projects.

Andrew Cushman, founder of Vantage Point Acquisitions, shares his inspiring journey from chemical engineer to multifamily real estate investor. He raised over $121 million by focusing on transparent communication and trust-building with investors. The discussion emphasizes the importance of relationship over gimmicks, effective capital-raising strategies, and the value of regular updates. Cushman also talks about mastering investor expectations and the shift towards attraction marketing, showcasing how authenticity can lead to lasting success in real estate.

John Chang, head of research at Marcus and Millichap, dives deep into the latest jobs report, revealing a sharp drop in job creation since April. He examines economic indicators like labor force participation and inflation trends, suggesting increasing recession risks. Chang discusses the Federal Reserve's dilemma with rising inflation against weak employment, making rate cuts unlikely. He concludes by predicting how these economic shifts will impact the commercial real estate landscape, particularly for apartments, retail, and industrial sectors in the coming year.

Trevor Schade, a systems-driven real estate investor and automation expert, shares his fascinating transition from programming to building a successful real estate business. He discusses using AI and virtual assistants to streamline operations and focus on high-value tasks. Trevor emphasizes the 80/20 rule to maximize efficiency and reveals his investment strategies in fast-appreciating single-family homes and multifamily properties. He also highlights the importance of company culture and his secret to achieving zero turnover within a 26-agent team.

Jonathan Twombly, a former Wall Street lawyer turned successful real estate investor, shares his insights on navigating the multifamily and hotel markets. He discusses his exit from a large multifamily portfolio at its peak, pivoting to revitalizing underperforming hotels in overlooked areas. Jonathan emphasizes the immense benefits of mastermind groups for accountability and growth. He also highlights untapped opportunities in legacy hotel ownership, the challenges of repositioning properties, and the complexities of financing non-branded hotel assets.

Mauricio Rauld, a prominent syndication attorney and founder of Platinum Legal Consulting, brings his expertise to the table. He discusses the multifamily debt crisis, revealing how many LPs are caught off guard by bridge loans and floating rates. The conversation shifts to the importance of understanding debt structures and conducting thorough due diligence. Mauricio also explores the shifting landscape of fund-to-fund models and how LPs can utilize tools like ChatGPT for enhanced investment evaluation. His insights offer valuable guidance for navigating today’s complex real estate market.

In this insightful dialogue, Amanda shares her journey with mobile home park acquisitions and the rise of private debt investments offering fixed returns. Meanwhile, Ash reflects on successful commercial real estate exits, unveiling a controversial GP-LP structure. The discussion tackles investor psychology amid capital call backlash and highlights the inefficiencies of underwriting with AI. Both hosts stress the importance of realistic returns, flexible structures, and maintaining hands-on involvement in deal sourcing despite their past successes.