The Best Ever CRE Show

Joe Fairless
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Sep 23, 2024 • 28min

JF3672: Secrets and Challenges to Maximizing Section 8 Cash Flow ft. Mike Curadossi

Section 8 investor Mike Curadossi joins host Slocomb Reed on the Best Ever CRE Show. In this episode, Mike dives into what it’s really like managing Section 8 properties, including the secrets and strategies to maximize cash flow, the biggest challenges that come with Section 8 tenants, and why placing tenants is the single most important part of the Section 8 process. Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices
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Sep 22, 2024 • 36min

JF3671: The Opportunity in Office That Nobody’s Talking About ft. Brian Levredge

Brian Levredge, owner of First Property Management, joins hosts Ash Patel and Amanda Crusie on the Best Ever CRE Show. He invests in a variety of asset classes, including industrial and flex, office, multifamily, and more. In this episode, Brian and our hosts nerd out on suburban office, discussing why it’s one of the most overlooked opportunities in commercial real estate today. He also discusses the headaches of managing multi-tenant office buildings, his criteria and how he evaluates office deals, and why the work-from-home movement is beginning to shift. Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices
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Sep 21, 2024 • 29min

JF3670: The ‘Disastrous Policy’ Behind This Investor’s Worst-Ever Deals ft. Jonah Bamberger

Jonah Bamberger, managing partner and executive chairman of Aulder Capital, joins host Joe Cornwell on the Best Ever CRE Show. Aulder Capital has done over 60 acquisitions totaling more than $1 billion, and in this episode, Jonah discusses investing in Brooklyn and along the I-95 corridor, the active development deals currently working on — including building New York’s only Miami-style beach club — and the challenges of investing in rest-stabilized neighborhoods in NYC. Jonah Bamberger | Real Estate Background Aulder Capital Portfolio: 60 acquisitions with 20 realizations valued at over $1 billion. Based in: New York City, NY Say hi to him at: LinkedIn Best Ever Book: Lonesome Dove by Larry McMurtry Greatest Lesson: Work hard, be kind, and good things will happen Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices
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Sep 20, 2024 • 57min

JF3669: The Unsexy Reality of Building a Syndication Business from Scratch ft. Brian Burke

Brian Burke, an expert in multifamily real estate growth and syndication, shares his insights on transforming real estate into a successful business. He emphasizes the importance of a strong mindset and building a credible track record before attracting investors. Burke discusses the challenges of managing multifamily properties and advocates for using professional third-party management. He also explores strategic scaling, partnerships, and lessons on market timing, while encouraging emotional detachment in investment decisions to foster growth.
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Sep 19, 2024 • 26min

JF3668: Scaling Land Acquisitions, Navigating Zoning Challenges, and Turning $40M into $136M ft. Anita Verma-Lallian

Ash Patel interviews Anita Verma-Lallian, CEO of Arizona Land Consulting, about her journey in the land consulting business, the growth of Arizona's real estate market, and the intricacies of land acquisition and development. Anita shares insights on the importance of zoning, community relations, and strategic investment in land, as well as the returns investors can expect compared to other asset classes. The discussion also touches on the challenges of finding suitable properties and the dynamics of working with investors. Anita Verma-Lallian | Real Estate Background Arizona Land Consulting Based in: Phoenix, Arizona Say her to him at: www.arizonalandconsulting.com LinkedIn Instagram Best Ever Book: LifePass: A Groundbreaking Approach to Goal Setting Sponsors: Altra Running Apartments.com   Learn more about your ad choices. Visit megaphone.fm/adchoices
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Sep 18, 2024 • 31min

JF3667: Transitioning from Multifamily to RV Parks, $1M Pecan Business Acquisition, and Mastering the Perpetuity Model ft. Josh Ferrari

Josh Ferrari, CEO and owner of Ferrari Capital, discusses his experience in syndicating commercial real estate, including multifamily properties and RV parks. He shares his unique perpetuity model for partnership with LPs, where they receive a 100% return of capital and then retain ownership in the deal while receiving a share of distributable capital. Josh also talks about his recent business acquisition of a pecan business and the cash flow it generates. He emphasizes the importance of pivoting and adapting to market conditions and finding deals that align with your goals. Josh Ferrari | Real Estate Background Ferrari Capital Portfolio: 900 units, $75M AUM $27M of equity raised 750 multifamily units between A, B, & C class 150 RV park pads between two different assets Based in: Tampa, FL Say hi to him at: LinkedIn Facebook www.ferraricapital.com Best Ever Book: Vivid Vision by Cameron Herold Greatest Lesson: Don't ever try to do anything alone in this business. Sponsors: Altra Running Apartments.com   Learn more about your ad choices. Visit megaphone.fm/adchoices
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Sep 17, 2024 • 29min

JF3666: Navigating 400 Evaluations for 2 Deals, $1M Renovation Plans, and Leveraging Third-Party Management ft. Paul Montelongo

Paul Montelongo, founder of Montalongo Capital, discusses his focus on acquiring value-add multifamily properties in Texas, Kansas, and Alabama. He shares that their business plan involves putting about a million dollars worth of improvements into each property and holding them for five to six years. Paul emphasizes the importance of staying nimble in the current market and building strong relationships with brokers and referral sources to find deals. He also discusses the benefits and challenges of third-party property management and the trend of vertical integration in the industry. Paul shares his experiences and lessons learned from past deals, highlighting the importance of staying in your lane and having a clear business plan. He advises investors to evaluate deals and put in offers, taking advantage of the current market conditions. Paul Montelongo | Real Estate Background Founder Montelongo Capital, LLC Portfolio: 1106 Units Based in: San Antonio, TX Say hi to him at: Facebook Instagram LinkedIn Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices
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Sep 16, 2024 • 23min

JF3665: Rebuilding a $100M Portfolio, Lessons from Federal Prison, and Navigating Today's Multifamily Market ft. Mike Morawski

Mike Morawski, a commercial multifamily operator, shares his experience in the real estate industry and offers insights into the current market climate. He discusses the factors that contributed to his success in scaling his business from zero to $100 million in five years, as well as the mistakes he made during the Great Recession. Morawski believes that there are opportunities in the current market and emphasizes the importance of investing in growth markets and paying attention to details in asset management. Mike Morawski | Real Estate Background MikeMorawski.com Resilience Equity Portfolio: 100 Units in Tampa Lead Sponsor on GP Team 450 Units in Tulsa Lead Sponsor on GP Team Based in: Huntington Beach, California Say hi to him at: Insider Secrets Real Estate by Mike Morawski LinkedIn MikeMorawski.com Sponsors: Altra Running Apartments.com   Learn more about your ad choices. Visit megaphone.fm/adchoices
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Sep 15, 2024 • 34min

JF3664: Scaling with Joint Ventures, Maximizing Returns through Property Conversions, and Building a Global Portfolio ft. Charlie Panayi

Charlie Panayi, CEO of Red Squirrel Property Shop, shares his journey into real estate investing and the different types of properties he has invested in. He started at a young age, buying his first property at 18 and focusing on buy-to-let investments. As he gained more experience, he diversified into larger developments, conversions, and commercial properties. He also discusses the UK property market and the opportunities that arose after the 2008 crash. Charlie emphasizes the importance of education and leveraging knowledge from mentors and joint ventures. Charlie Panayi discusses his experience with joint ventures and partnerships in the real estate industry. He explains how he helps others by being part of their deals and shares the benefits of collaboration. Charlie also talks about different types of property conversions, such as converting houses into multiple occupancy properties, and the commercial value they can generate. He discusses the challenges of navigating local regulations and councils in the UK and shares his insights on investing in the UAE. Charlie emphasizes the importance of being conservative in underwriting and projections, especially in a volatile market. Charlie Panayi | Real Estate Background Red Squirrel Property Shop Based in: London, United Kingdom Say hi to him at: PodFolio LinkedIn www.charliepanayi.com Instagram Youtube Best Ever Book: Rich Dad Poor Dad by Robert Kiyosaki Greatest Lesson: Can’t replace time. Sponsors: Altra Running Apartments.com   Learn more about your ad choices. Visit megaphone.fm/adchoices
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Sep 14, 2024 • 22min

JF3663: Overcoming Rent Control Challenges, Managing 95% Vacancy in Value-Add Deals, and Expanding into High-Growth Markets ft. Zihao Wang

Zihao Wang, CEO at Motiva Holdings, discusses their value-add multifamily investment strategy and portfolio growth. They focus on both Southern California and other markets such as the Texas Triangle and the Midwest. In Southern California, they target two types of value-add plays: properties with mom and pop owners who haven't raised rents due to rent control, and properties with sophisticated operators who have already added value but still have rental upside. Zihao explains how rent control affects their strategies and the challenges of re-tenanting properties. He also discusses their capital raising approach, return projections, and the benefits of investing in different markets. Zihao Wang | Real Estate Background CEO at Motiva Holdings Portfolio: 34 projects ; 1663 units ; ~$0.5B capitalization Based in: Commerce, CA Say hi to him at: LinkedIn www.motivaholdings.com Best Ever Book: Rich Dad, Poor Dad - Robert Kiyosaki Greatest Lesson: Never stop learning. The scariest thing in our fast-moving world is that you don't know what you don't know. Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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