The Best Ever CRE Show

Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor. On todays episode of Passive Investor Tips, Travis Watts examines the stages of market cycles, pointing to current signs of a potential recession, such as rising interest rates and inflation. It contrasts these indicators with the recent profit in market indexes and stable housing prices, suggesting a complex economic situation. Click here to learn more about our sponsors: BV Captial CRE Daily BAM Capital Rentec Direct Syndication Attorneys Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you curious about the untapped potential of the commercial real estate market? Discover the power of holding property and the critical lessons learned by J Scott in his journey of flipping 450 houses. Join us as we delve into the fascinating insights he shares about affordability, government intervention, and cash management in this engaging episode. Key Takeaways: Market Dynamics and Affordability: J Scott discusses the evolving dynamics of the real estate market, emphasizing the impact of shifting demographics on affordability. He highlights the importance of understanding the distinctions in the rental market and how different income brackets are affected. Cash Management and Inflation: J Scott emphasizes the significance of cash management and the role it plays in real estate investing, especially during periods of inflation. He provides valuable insights into the relationship between inflation and treasury yields, offering a balanced perspective on the impact of inflation on investment strategies. Government Intervention and Long-Term Solutions: J Scott explores the role of government intervention in addressing affordability challenges in real estate. He advocates for incentivizing investors to create market-based solutions, rather than relying solely on legislative measures, and discusses the potential long-term implications for the real estate landscape.   J Scott | Real Estate Background Partner at Bar Down Investments and Host of the Drunk Real Estate Podcast Portfolio:  About 1,000 units of SFR and multifamily 5,000 units as an LP Based in: Sarasota, FL Say hi to him at:  jscott.com Best Ever Book: Thinking, Fast and Slow by Daniel Kahneman Greatest Lesson: The value in holding property for the long-term. That's where real wealth building happens.   Click here to learn more about our sponsors: BV Captial CRE Daily BAM Capital Rentec Direct Syndication Attorneys       Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, we dive deep into the world of commercial real estate with Mike Holdwick, a seasoned investor who has mastered the art of asset diversity and high returns. Mike shares his journey from a W2 employee to a successful real estate entrepreneur, offering valuable insights and strategies that can help commercial real estate investors achieve financial freedom. Key Takeaways: Diverse Asset Portfolio: Mike emphasizes the importance of diversifying your commercial real estate investments. From neighborhood offices to flex spaces, industrial properties, and medical buildings, he highlights how owning various asset types can provide stability and growth opportunities even in changing market conditions. Taking Control of Your Finances: Mike's journey reflects the power of taking control of your financial destiny. He shares his transition from working a full-time job to actively building his real estate portfolio on the side, proving that with the right mindset and strategies, it's possible to create a path to financial freedom. Raising Capital and Adding Value: While Mike has been successful in his investments, he's also on the verge of taking the next step—raising capital from investors. He discusses the importance of educating potential investors about real estate opportunities and being transparent about risks and returns. By doing so, he aims to help others achieve their financial goals through real estate. Mike Holdwick | Real Estate Background Managing Partner at Pro Team Commercial Portfolio: 5 commercial buildings (industrial, office, retail, medical) and 1 AirBNB totaling 40k sq ft Based in: Suburban Detroit, Michigan Say hi to him at:  LinkedIn Instagram Best Ever Book: 4-Hour Work Week by Tim Ferriss Greatest Lesson: Being asset agnostic and maximizing the potential of your portfolio is the best way to create long-term wealth.   Click here to learn more about our sponsors: BV Captial CRE Daily BAM Capital Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, our hosts, Ash Patel, Joe Cornwell, and Slocomb Reed engage in a lively roundtable discussion about the challenges and opportunities presented by the current real estate market, emphasizing the importance of stress-testing deals and being prepared for various scenarios. The conversation touches on topics such as underwriting, creative deal structures, and the shifting dynamics in the Midwest market.  Key Takeaways: Stress-Test Your Deals: In the current market, it's crucial to stress-test your real estate deals. Factors like rising interest rates, potential vacancies, and unforeseen challenges should be considered in your financial projections. Creative Deal Structures: To succeed in the competitive market, consider creative deal structures. Whether it's negotiating seller financing, concessions, or exploring unique opportunities, having flexibility in your approach can make a significant difference. Long-Term Focus: Expect longer hold times for your investments. With uncertainty in the market, planning for a five-plus year window rather than short-term flipping is a prudent strategy to manage risk effectively. Click here to learn more about our sponsors: BV Captial CRE Daily BAM Capital Learn more about your ad choices. Visit megaphone.fm/adchoices

Bonus Operations is a series hosted by apartment owner/operator and Best Ever Show host, Slocomb Reed. In each five- to ten-minute episode, Slocomb provides his top takes for executing your business plan and maintaining cash flow. In this episode, Slocomb Reed discusses the crucial signs that property owners and real estate investors should be aware of during the due diligence period when acquiring new apartment buildings. Reed shares 12 red flags that may indicate tenants are likely to vacate soon after the transition in ownership or management. These flags include late rent payments, a lack of concern for property maintenance, sparse furniture in units, intentional damage, subletting without permission, vacant apartments listed on the rent roll, unauthorized pets, and more. Reed also delves into the significance of non-English speaking tenants within migrant communities and how their relationships with landlords can impact occupancy.   Click here to learn more about our sponsors: BV Captial CRE Daily BAM Capital Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, we dive deep into the world of multifamily real estate with David Lilley, the CEO of Reap Capital. David shares his journey from single-family rentals to becoming a successful multifamily investor, emphasizing the importance of creativity and tenacity. He provides valuable insights into his unique approach of vertically integrating property management and construction into his investments. Discover how David has consistently achieved impressive returns for his investors and what it takes to thrive in the multifamily market. Key Takeaways: Creativity and Tenacity: David emphasizes the importance of thinking outside the box and approaching real estate investments with creativity and tenacity. These qualities have allowed him to succeed and stand out in a competitive market. Vertical Integration: By bringing property management and construction in-house, David has gained more control over his investments and improved communication within his team. This approach has proven to be a key factor in his success. Philanthropy and Giving Back: David discusses his commitment to philanthropy, particularly his support for St. Jude Children's Research Hospital. He shares his plans for future nonprofit involvement, highlighting the importance of giving back to the community.   David Lilley | Real Estate Background CEO, Reap Capital Portfolio: Multiple properties in Texas Based in: Dallas, Tx Say hi to him at:  ReapCap.com Best Ever Book: The Hands Off Investor by Brian Burke Greatest Lesson: Your network is your net worth.   Click here to learn more about our sponsors: BV Captial CRE Daily BAM Capital Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, we delve into the world of cross-border real estate investment with Thomas Lorini, CEO of VentureCo Capital. Thomas shares his experiences and strategies for investing in commercial real estate across the United States and Canada. From diversifying portfolios to vetting partners, his insights are valuable for both seasoned investors and newcomers looking to explore opportunities beyond their borders. Key Takeaways: Diversification Across Markets: Thomas emphasizes the importance of diversifying investment portfolios across different markets. While many investors focus on hot markets like California, Thomas has found success in the often-overlooked Midwest, where cap rates are more favorable. He highlights how markets like Cleveland and Columbus are experiencing significant appreciation, offering unique opportunities for cash flow and growth. Partnering for Success: To mitigate risks and ensure success, Thomas stresses the significance of vetting operators and partners carefully. Whether it's partnering with experienced operators in specific markets or collaborating with developers, understanding the track record and capabilities of your partners is crucial. This due diligence helps protect both your and your investors' capital. Guidance for Canadian Investors: Thomas offers valuable advice for Canadian investors looking to venture into the U.S. real estate market. He recommends exploring two paths: slow and steady or strategic partnerships with experienced operators. Financing challenges for foreign investors often necessitate careful planning, and Thomas underscores the importance of understanding the differences in regulations, financing options, and tax considerations between the two countries.   Thomas Lorini | Real Estate Background CEO of VentureCo Capital and Real Estate Coach Portfolio: 400+ multifamily units in a variety of markets across US and Canada Based in: Irvine, CA Say hi to him at:  LinkedIn Instagram venturecocapital.com Thomalorini.com Best Ever Book:  The Bible Greatest Lesson: Surround yourself with people that are better and more skilled than you.   Click here to learn more about our sponsors: BV Captial CRE Daily Learn more about your ad choices. Visit megaphone.fm/adchoices

Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor. In this episode, Travis dives into the different types of multifamily business plans, sharing the risks and needs of each, including core asset, core plus, value add, opportunistic, and ground up construction. Click here to learn more about our sponsors: BV Captial CRE Daily Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is brought to you by Presario Ventures, a private equity real estate firm based in the booming Austin, Texas, market. To learn how to invest in the future of Texas with Presario Ventures, visit info.presarioventures.com/bestever. In this episode, we sit down with Ben Bauer, a seasoned real estate investor and attorney, to explore the intricacies of commercial real estate investing. With a wealth of experience in both residential and commercial properties, Ben shares valuable insights on deal structures, seller financing, and the impact of early exposure to real estate.  Key Takeaways: Deal Structuring Wisdom: Ben highlights the significance of sound deal structures, particularly in complex commercial real estate transactions. He emphasizes the importance of seeking legal counsel and networking within local real estate investor groups to make informed decisions. Seller Financing Strategies: When it comes to seller financing, Ben stresses the importance of detailed contracts. He recommends specifying all terms and attaching draft notes and mortgages as exhibits to the purchase contract. This transparency ensures all parties are on the same page, reducing potential conflicts down the line. Early Exposure to Real Estate: Reflecting on his own upbringing around real estate, Ben underscores the value of exposing young minds to entrepreneurial thinking. Encouraging questions and fostering an environment that promotes independent thinking can lay the foundation for a future in real estate or any entrepreneurial venture.   Ben Bauer | Real Estate Background Real estate investment lawyer of The Bauer Firm, LLC Portfolio: 8 units from single family rentals and small multifamily properties Based in: Cincinnati, Ohio Say hi to him at:  thebauerfirm.com Best Ever Book: Snow Crash by Neal Stephenson Greatest Lesson: Success is all about mindset, courage, and confidence.   Click here to learn more about our sponsors: Presario Ventures Rentec Direct Learn more about your ad choices. Visit megaphone.fm/adchoices

Bob Thomas, a seasoned investor with over a decade of experience, shares insights on forming strategic partnerships, setting ambitious goals, being asset agnostic, and the importance of financial education in real estate investing.