The Best Ever CRE Show

From the music industry to IT, and then to real estate, Frank has always been fond of receiving education and learning something new. While working in IT, he picked up a few properties on the side. In 2011, he walked away from the corporate world and became a full-time investor. Back then, he started by utilizing the power of tried and true methods of reaching people such as direct mail and networking. In 2020, people are still happy to share what they do in a casual conversation and get on the phone to discuss a deal, so old tricks do work when used properly.  Frank Iglesias  Real Estate Background: Full-time investor  11 years of investing experience Portfolio consist of several rentals, construction projects, has completed 100s of deals as a wholesaler & flipper  Based in Atlanta, GA Say hi to him at: www.buyinvestmentassets.com  Best Ever Book: Think and Grow Rich       Click here for more info on groundbreaker.co  Best Ever Tweet: “Surround yourself with the best people you can afford” - Frank Iglesias. Learn more about your ad choices. Visit megaphone.fm/adchoices

Like many other real estate investors, Mike started his journey at a corporate 9 to 5 job. His buddy suggested branching out and becoming a landlord. Since then, has Mike grown his portfolio and has now become a property manager. Most of his properties were built before the 1940s, and few construction companies in the area could handle that kind of work. That’s why he opened his own construction company. He now has a nice cash flow coming from these adjacent fields, and his companies are working in synchrony with each other. Mike Bonadies  Real Estate Background: Full-time landlord and owner of Side By Side MRO, a construction company that specializes in pre-1940 construction & property preservation Co-owns TerraVestra Property Management 5 years of construction experience  His personal portfolio consists of 25 units  TerraVestra manages 250 doors, and his construction company works with 600 rental units Based in Sewell, NJ Say hi to him at www.sidebysidemro.com      Click here for more info on groundbreaker.co  Best Ever Tweet: “The system includes more problem-solving in pre-1940s construction.” - Mike Bonadies. Learn more about your ad choices. Visit megaphone.fm/adchoices

John cut his teeth as a traditional real estate broker. He escaped the “hamster wheel” of chasing sales thanks to a mentor who put him on the fast track to investing. That paradigm shift made him see licensed agents as problem-solvers for homeowners rather than just salespeople. Now John teaches real estate agents how to leverage their license into creating 8-10 various income streams as opposed to relying on commission alone. In this episode, he talks about his lead intake process that helps licensees make the most out of their leads. John Chin Real Estate Background:  John and Ron are the founders of Investor Agent Together they have done 2,800 rentals and flip properties (mostly short sales, foreclosures, and REOs) Closed over $260 Million in residential investments He currently manages over 470 cash flow rentals Based in Orlando, FL Say hi to him at www.investoragent.com  Click here for more info on groundbreaker.co      Best Ever Tweet: “You’ve got to look at your listing as just one tool in your tool chest. It’s not the main driver of your business ” - John Chin. Learn more about your ad choices. Visit megaphone.fm/adchoices

Gary Beasley is the Co-Founder and CEO of RoofStock, a real estate investment marketplace. He was a previous guest on episode JF1129 where he shared more of his journey and start into real estate but today he is going to share a sticky situation where he was in the middle of a deal and lost his funding while in the middle of it and only had one month left of cash.  Gary Beasley Real Estate Background: Co-Founder and CEO of RoofStock, a real estate investment marketplace Gary was co-CEO of Starwood Waypoint Residential Trust - which owned and managed 15,000 single-family rentals A previous guest on episode JF1129 Based in Oakland, CA Say hi to him at www.roofstock.com  Click here for more info on groundbreaker.co  Best Ever Tweet: “It’s amazing how resilient our industry is, especially after COVID19” - Gary Beasley         Learn more about your ad choices. Visit megaphone.fm/adchoices

Gary’s father’s death pushed him into the real estate investment path. In 2007, he emigrated to Canada from the UK, and that’s when he got serious about doing real estate full-time. Utilizing his electrical engineering background, Gary became an owner and a contractor of several single-family properties. Through joint venturing, he managed to create a portfolio, eventually refinancing and moving on to a different phase of his life. Gary Spencer-Smith  Real Estate Background: A full-time investor for the past 8 years 20 years of investing experience The portfolio consists of 24 single-family homes, 5 cabin holiday resort, 110 person restaurant, houseboat, and converted a 24,000 sqft dealership into offices, storefronts, storages, and a warehouse, Based in British Columbia, Canada Say hi to him at: www.revnyou.com  Best Ever Book: Sapiens       Click here for more info on groundbreaker.co  Best Ever Tweet: “I looked at what real estate could do for my life, and that was like a switch.” - Gary Spencer Smith. Learn more about your ad choices. Visit megaphone.fm/adchoices

Today Theo and Travis will discuss the importance of thinking about the exit strategy before entering a deal. In a way, this is not the topic that gets covered often since most investors are not thinking ahead far enough. However, selling the asset is a vital part of the investment process. Travis gives an example of how something that looks like a great buy at first can turn out to be a lemon if nobody wants to take it off your hands. And just because a property is at a great acquisition point, it doesn’t mean that you should jump into the deal. We also have a Syndication School series about the “How To’s” of apartment syndications and be sure to download your FREE document by visiting SyndicationSchool.com. Thank you for listening! Click here for more info on groundbreaker.co  Learn more about your ad choices. Visit megaphone.fm/adchoices

In today's Syndication School episode, Theo Hicks shares some of the best practices used by Ted Greene, the Investor Relations Manager of Spartan Investment Group. Theo shares several techniques that’ll help you build trust and form a relationship with potential passive investors. Many syndicators have been in the business for such a long time that it’s hard for them to put themselves into the shoes of someone who’s looking to become a limited partner for the very first time. And while numbers are of immense importance, one shouldn’t underestimate the power of human connection when sealing the deal. To listen to other Syndication School series about the “How To’s” of apartment syndications and to download your FREE document, visit SyndicationSchool.com. Thank you for listening! Click here for more info on groundbreaker.co  Learn more about your ad choices. Visit megaphone.fm/adchoices

In 2008, Gustavo’s wife got her real estate license. Seeing how well she was doing, Gustavo followed her in 2010. He was doing the real estate hustle part-time as he was still working as a Microsoft Senior Engineer.  In 2013, he went full time, and in 2015 he transitioned into inside sales. Now his agents utilize Facebook to get motivated leads, making over 50k outbound calls every day. Gustavo Munoz Castro  Real Estate Background: Former Microsoft Senior Engineer turned Real Estate agent turned inside sales guru Runs one of the largest inside sales teams for real estate in North America, 65 agents making 50k outbound dials a day His Agent set 100 appointments with buyers and sellers every day, mostly from Facebook leads 10 years of real estate experience Based in Mexico and working in the US and Canada Say hi to him at: www.powerisa.com  Best Ever Book: High Output Management        Click here for more info on groundbreaker.co  Best Ever Tweet: “The magic of Facebook is that it can be used for both scenarios, the motivated buyer and the motivated seller.” - Gustavo Munoz Castro Learn more about your ad choices. Visit megaphone.fm/adchoices

Brian’s first experience with real estate started when he purchased his first house after reading Kiyosaki’s “Rich Dad, Poor Dad”. As an active duty Marine, Brian was relocated every couple of years. Every time he moved, he added a new single-family home to his portfolio.  In 2016, he did the math and found out that he was nowhere close to his passive income goal. Looking for ways to scale, he jumped into multifamily units and formed a real estate investment firm with three partners. With his latest acquisition being a 167-unit property, he’s finally approaching his income goal and getting ready to retire from the Marine Corps. Brian Briscoe Real Estate Background: Active duty US Marine assigned to the Pentagon and co-founder of Four Oaks Capital, a multifamily investing firm Host of a new podcast called “Diary of an Apartment Investor” In 2007 he started in real estate with a single-family home, & in 2018 he jumped into multifamily  His current portfolio consists of 5 apartment complexes; 250 units Based in DC Say hi to him at: www.fouroakscapital.com      Click here for more info on groundbreaker.co  Best Ever Tweet: “Wherever you’re at, just start small. ” - Brian Briscoe Learn more about your ad choices. Visit megaphone.fm/adchoices

Matthew is a returning guest from episode JF1432 and today he talks about figuring out new ways to accomplish old goals. Matt has been a full-time investor for 15 years and in that time has successfully completed projects involving dozens of fix and flips, office buildings, single-family homes, and apartment buildings. Matt Faircloth  Real Estate Background:   A full-time investor for 15 years  Completed dozens of flips, office building, single-family, and apartment deals He started with a 30,000 private loan and has completed over $40 million in transactions A previous guest on JF1432 Based in Trenton, NJ Say hi to him at www.DeRosaGroup.com     Click here for more info on groundbreaker.co  Best Ever Tweet: “Move forward with faith and take action” - Matt Faircloth Learn more about your ad choices. Visit megaphone.fm/adchoices