The Best Ever CRE Show

Join us as we uncover the secrets to Clive Davis's rapid scaling in the world of commercial real estate investing. From networking epiphanies to adaptable strategies, Clive shares the key factors that propelled his journey from the corporate world to real estate riches, and how he's navigating today's dynamic market to attract investors. Key Takeaways: Networking is Paramount: Clive emphasizes the transformational power of networking in real estate. He shifted his perception from underestimating networking during his corporate career to recognizing its pivotal role in building a successful real estate investing business. Adaptation is Key to Success: Clive's ability to adapt to different deal structures and opportunities has been instrumental in his rapid scaling. He discusses how being open to non-traditional deals, like HUD loan assumptions, and offering compelling terms to investors can make all the difference in today's competitive market. Teamwork Facilitates Scaling: Clive's journey is a testament to the value of strong partnerships and teams. He highlights how collaboration with partners who have expertise in specific markets or deal types allowed him to venture into new territories and successfully scale his real estate investments.   Clive Davis | Real Estate Background Founding Principal, Park Royal Capital Portfolio: 750 MF GP units 2,000 LP MF units 90 acre development and 142 MF unit development Based in: Atlanta, GA Say hi to him at:  parkroyalcapital.com Best Ever Book: Will by Will Smith Greatest Lesson: The only thing holding us back is fear of the unknown.   Click here to learn more about our sponsors: Delete Me BAM Capital   Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, seasoned real estate investor Jonathan Twombly takes us on a journey through the world of independent hotel investments. With over a decade of experience, he shares his insights on finding, renovating, and managing these unique real estate assets. Key Takeaways: Unique Opportunities in Independent Hotels: Independent hotels in smaller markets can often be found listed on platforms like LoopNet and Crexi, providing unique investment opportunities. Brokers specializing in these assets may list them on such platforms to broaden their reach. This accessibility can make finding these opportunities easier compared to larger, branded hotels. The Power of Hands-On Experience: To truly understand the hotel business, Jonathan emphasizes the importance of taking action and gaining hands-on experience. Learning by doing, making offers, walking properties, and engaging in real deals can provide invaluable knowledge and insight. Creative Strategies for Hotel Investments: Jonathan's experience showcases the potential for transforming older, undervalued properties into thriving businesses by applying creative strategies. He highlights the value of market research, renovations, and understanding the local economy to maximize revenue and returns.   Jonathan Twombly | Real Estate Background Managing Member - Two Bridges Asset Management LLC Portfolio: One hotel Co-GP in 2,400 apartment units Based in: Brooklyn, New York Say hi to him at:  apartmentinvestorsclub.com twobridgesmgmt.com LinkedIn Best Ever Book: Who Not How by Dan Sullivan Greatest Lesson: Step away from your computer, and get out into the real world. You will learn multiples by taking action than you ever did from research.   Click here to learn more about our sponsors: Masterworks Delete Me BAM Capital SyndicationAttorneys.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Ever dreamed of achieving financial freedom through real estate investing? Join us as we uncover the secrets of Mel and Dave Dupuis's extraordinary journey. With over 240 units across five countries, they've mastered the art of creative financing and portfolio diversification, all without their own capital or joint venture partners. Key Takeaways: The Power of Creative Financing: Mel and Dave's journey began with traditional real estate investing, using their own funds. However, they soon realized that working multiple jobs wasn't the path to financial freedom. Creative financing became their game-changer. They discussed using secured funds like 401(k) and RRSPs, promissory notes, and owner financing to acquire properties with minimal risk and maximum returns. Expanding Across Borders: The duo shared their motivation for venturing into different countries, such as Canada, the US, Costa Rica, Mexico, and the Dominican Republic. Their aim was to diversify their portfolio, manage risk, and enjoy the perks of traveling. By implementing their creative financing strategies in international markets, they've successfully continued to grow and thrive. Adapting to Changing Markets: As seasoned investors, Mel and Dave discussed how they stay ahead of market changes. They emphasized the importance of researching secondary and tertiary markets, like those in Alberta, Texas, and Florida, which offer higher cap rates and cash flow potential. They also highlighted the growing interest from investors with registered funds, looking for stable, real estate-backed returns in today's uncertain economic climate.   Mel and Dave Dupuis | Real Estate Background Real estate investors and mentors with “The Action Family” Portfolio: 240+ multifamily units solely owned in 5 countries Based in: North Bay, Ontario Say hi to them at:  Instagram Facebook Best Ever Book: The Ultimate Blueprint for an Insanely Successful Business by Keith Cunningham Greatest Lesson: You don't need to use your own money to grow your portfolio.   Click here to learn more about our sponsors: Masterworks Delete Me BAM Capital SyndicationAttorneys.com Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is the audio from our August 2023 meetup in which host Slocomb Reed guides a panel of short-term rental investment experts. The panel, which includes Danny Henry of Liberty Hill Rentals, Sarah Karakaian of Stay a While Hosting Co., and Yiwei Chang of Pink Cash Cow Property Management, talks about the latest in the short term rental market - what amenities are hot right now, how to deliver great experiences to guests, and how to scale your portfolio.   Click here to learn more about our sponsors: Masterworks Delete Me BAM Capital SyndicationAttorneys.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Ever wondered how a corporate setback transformed into a self-storage success story? From unexpected career shifts to pioneering self-storage strategies, get ready to unravel the journey of Tom Dunkel, the Chief Investment Officer at Bellrose Storage Group, a seasoned investor who turned challenges into opportunities, all while carving a niche within a niche. Discover the untapped potential of contractor storage and flex space markets, and glean insights into building a powerhouse team that drives commercial real estate success. Key Takeaways: Niche within a Niche: Contractor Storage and Flex Space: Tom discusses the benefits of offering climate-controlled flex industrial units with amenities like electricity and security features to attract contractors and businesses. Investor Insights: Building a Solid Team and Finding Deals: Tom emphasizes the importance of assembling a strong team and building a network of experts and partners. Tom also offers advice on seeking out mastermind groups, investor meetups, and networking opportunities to connect with potential team members and partners. Lessons from Self-Storage Success and Pivoting Strategies: Tom shares the pivotal lessons learned from transitioning from the corporate world to entrepreneurship, including facing challenges head-on. He also shares strategies for success in self-storage, such as seeking niche opportunities, embracing value-add strategies, and aligning investments with high net worth investors.   Tom Dunkel | Real Estate Background Chief Investment Officer, Belrose Storage Group Portfolio: 11 self storage facilities across 7 states Based in: Wayne, PA Say hi to him at:  Facebook LinkedIn Best Ever Book: Who Not How by Dan Sullivan Greatest Lesson: Be intentional about who you choose to be on your team and who you choose to partner with.   Click here to learn more about our sponsors: Masterworks Delete Me BAM Capital SyndicationAttorneys.com 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 reviews the basics of multifamily syndication - how it works, who the key players are, and the terms you need to know as an LP. He then walks through a full cycle business plan to see how much you could make by investing $100,000.    Click here to learn more about our sponsors: Masterworks Delete Me BAM Capital SyndicationAttorneys.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Bryant Dawson, mastermind behind a $50 million multi-property deal, shares his playbook on effective capital raising, property evaluation, and forming strategic partnerships. He discusses the nuances of raising capital, the essential steps for property evaluation, and the concept of institutional quality assets. Transitioning from single-family to multi-family properties and investing in real estate assets are also explored.

Are your real estate investments in jeopardy due to a hidden tax? Join us as we dive into the world of real estate taxation with Keith Fromm, a seasoned attorney, litigator, and real estate developer with over 40 years of experience. Based in Los Angeles, Keith exposes the shocking reality of the ULA tax, a controversial property tax that's causing waves in the industry. From misleading labels to its wide-ranging impact, discover how Keith is taking the fight against this unfair tax to the courts and why it matters to your investments. Key Takeaways: Understanding the ULA Tax: Keith breaks down the ULA tax, a seemingly deceptive policy sold to the public as a "mansion tax," but in reality, it applies to all types of real estate transactions over certain thresholds. Discover the implications of this tax, from its high rates to its retroactive nature, and how it's affecting the real estate market in Los Angeles. Constitutional Challenges and Legal Approach: Keith sheds light on the various constitutional violations posed by the tax, from equal protection to freedom of speech, and explains how these challenges are being pursued through litigation. Learn how his efforts are not only focused on overturning the tax but also on creating a precedent that protects property rights. Real Estate Development Insights: Beyond the legal battle, Keith shares his journey as a real estate developer and the lessons he's learned from his experiences, from adapting to changing demographics to leveraging marketing strategies tailored to specific audiences.   Keith Fromm | Real Estate Background Real Estate Attorney and Litigator Based in: Los Angeles, CA Say hi to him at:  fightula.com Best Ever Book: Great Expectations by Charles Dickens Greatest Lesson: Don't give up, and keep fighting. It will not only benefit you in the end, but thousands of others as well.   Click here to learn more about our sponsors: Masterworks Delete Me BAM Capital SyndicationAttorneys.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Ready to unravel the secrets of successful multifamily real estate investing? Dive into a captivating discussion with Reid Bennett, a multifamily industry veteran with over 22 years of experience. Explore multifamily strategies, lender insights, and market dynamics that can reshape your investment approach and maximize your gains. Key Takeaways: The Power of Networking in Commercial Real Estate: Learn how to effectively build relationships with brokers and other key players in the industry, and discover the importance of demonstrating your legitimacy as a buyer. Insights into Distressed Assets and REO Properties: Delve into the world of distressed multifamily assets and Real Estate Owned (REO) properties. Bennett provides valuable advice on how to approach lenders, manage properties in receivership, and navigate the challenges posed by insurance rates and market uncertainties. Strategies for Real Estate Success and Economic Trends: Gain valuable insights into the current economic landscape, lending trends, and rate forecasts. Bennett shares his thoughts on conservative underwriting, the impact of rising interest rates, and the potential benefits of seller financing in today's market conditions.     Reid Bennett | Real Estate Background National Council Chair of Multifamily Properties for SVN, a full-service commercial real estate franchisor of the SVN® brand comprised of over 1,600 commercial real estate advisors and staff that continues to expand across the globe. Multifamily real estate broker who works without council to serve multifamily clients in over 170 markets around the country. Based in: Chicago, IL Say hi to him at:  LinkedIn Twitter Best Ever Book: Insider’s Edge to Real Estate Investing by James L. Nelson Greatest Lesson: Hire a coach, and if you don't have an admin, you are one.   Click here to learn more about our sponsors: Masterworks Delete Me BAM Capital SyndicationAttorneys.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Ever wondered how a former NFL player transitioned from the football field to thriving in the world of multifamily real estate? Get ready to uncover the playbook of Yannik Cudjoe-Virgil as he shares his remarkable journey from the gridiron to becoming a successful real estate investor. From leveraging relationships to capital raising tactics, Yannik reveals the game-changing strategies that propelled him to success in the commercial real estate arena. Key Takeaways: The Power of Relationships and Networking: Yannik shares insights into how his background in the NFL and his connections within the sports community opened doors for capital raising and partnerships. Lessons in Partnerships and Operations: Yannik shares the benefits of having a reliable partner who complements your skills and expertise in multifamily investing. He discusses the challenges and lessons learned from operating smaller multifamily properties and the importance of building a scalable infrastructure for growth. Effective Deal Sourcing and Broker Relationships: Yannik shares his strategy for sourcing deals through direct broker relationships, focusing on becoming a preferred buyer. He provides advice on providing honest and constructive feedback to brokers when evaluating potential deals.     Yannik Cudjoe-Virgil | Real Estate Background Principal at Merlynn Acquisitions, which focuses on value-add Class C apartments in Baltimore Portfolio: GP in 69 units Based in: Baltimore, MD Say hi to him at:  LinkedIn Best Ever Book: The Power of Now by Eckhart Tolle Greatest Lesson: The importance of building your infrastructure as early as possible to scale seamlessly.   Click here to learn more about our sponsors: Masterworks Rent to Retirement Delete Me BAM Capital Learn more about your ad choices. Visit megaphone.fm/adchoices