The Best Ever CRE Show

Ever wondered how a military background could shape a successful commercial real estate journey? Get ready to dive into the captivating story of Michael Barnhart, co-founder of AdventurousREI. From Air Force officer to savvy real estate investor, Michael shares how he and his partner managed properties while globe-trotting, tackled unexpected challenges, and achieved remarkable success in the world of commercial real estate. Key Takeaways: The Power of Networking and Mentorship: Michael emphasizes the importance of networking and mentorship in real estate success. He found his mentor by attending virtual networking events and openly sharing his investment goals, leading to invaluable guidance and partnership opportunities. Effective Property Management Strategies: Michael reveals insights into managing properties efficiently, particularly during challenging situations. From handling multiple issues simultaneously to implementing daily routines and using project management tools, he highlights the importance of organization and staying adaptable. Balancing Business and Personal Relationships: Michael and his spouse work together in both business and personal capacities. He offers advice on maintaining a successful partnership, including defining clear roles, staying in one's "swim lane," and fostering open communication to ensure harmony in both aspects of life.     Michael Barnhart | Real Estate Background Founder of Adventurous Real Estate Investors Portfolio: 604 Multifamily Units and Short Term Rentals Based in: Dayton, OH Say hi to him at:  adventurousREI.com/info Best Ever Book: The Slight Edge by Jeff Olson Greatest Lesson: Mentors are the key to growth.   Click here to learn more about our sponsors: Techvestor Rent to Retirement Delete Me BAM Capital Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn the rules of syndication and how to navigate the legal landscape of real estate investing. Discover the magic number for cash-on-cash returns and uncover long-term hold strategies. Get insights on raising capital legally, protecting personal data, and seeking help during challenging times. Explore the importance of marketing in finding investors for syndications.

Ever wondered how a rocket scientist turned real estate syndicator cracks the code of profitable commercial real estate investments? In this episode, Slocomb Reed sits down with Chad Zdenek, an industry veteran who's leveraging his out-of-this-world background to navigate the complexities of the market and share his invaluable insights with listeners. Key Takeaways: Diverse Market Strategies for Success: Chad Zdenek emphasizes the significance of investing in the right markets and building solid partnership teams to succeed in commercial real estate. By choosing partners based on their local expertise, Chad has ventured into markets such as Texas, Alabama, Florida, North Carolina, and Southern California. He explains how trusting the right teams has enabled him to tackle various challenges and navigate different markets effectively. Balancing Risk and Return with Value-Add Investments: Chad shares how his background in construction has driven his focus on value-add opportunities. He discusses the importance of a value-add component in uncertain markets, providing a buffer against market fluctuations and creating forced appreciation. He offers insights into the need to be cautious with debt, especially in the current market environment. Chad highlights the benefits of securing longer-term fixed debt and leveraging interest rate caps to mitigate risks. Taking a Holistic Approach to Investment Metrics: Chad offers a fresh perspective on investment metrics, stressing the need to consider risk profiles alongside return percentages. He explains how a lower IRR deal can sometimes outperform a higher IRR deal due to various market dynamics and assumptions. He shares the importance of diversification within real estate asset classes, recounting his journey from exclusively multifamily properties to branching into self-storage investments. Chad's adaptable approach showcases the value of understanding different asset subclasses to optimize a real estate portfolio.   Chad Zdenek | Real Estate Background Real estate syndicator, investor, and founder of CSQ Properties, which acquires, repositions, and manages apartments and self storage properties across the United States. Portfolio: Almost $200MM in AUM Based in: Los Angeles, CA Say hi to him at:  csqproperties.com Instagram YouTube Best Ever Book: The One Thing by Gary Keller Greatest Lesson: The most important trait a real estate investor should have is a long-term investment horizon.   Click here to learn more about our sponsors: Techvestor Rent to Retirement Delete Me BAM Capital Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is the audio from our July 2023 meetup in which Cincinnati Meetup host Slocomb Reed discusses how to adjust your investing strategy depending on your goals. He also shares how he delegates tasks to others vs. what decisions he keeps for himself in order to protect those goals and scale his business.   Click here to learn more about our sponsors: Techvestor Rent to Retirement Small Axe Podcast BAM Capital Learn more about your ad choices. Visit megaphone.fm/adchoices

Dave Foster, CEO of The 1031 Investor, shares valuable strategies for using the 1031 exchange to increase wealth. Topics include maximizing tax saving strategies, swap and drop technique, entity transfer, land banking, and the benefits of utilizing a 1031 exchange. Dave emphasizes the importance of educating finance professionals about 1031 exchanges and offers accessibility for strategizing. Learn how deferring taxes can lead to long-term wealth building.

Tony Lopes is the CEO of Dirty Boots Capital, which focuses on helping clients achieve more freedom, wealth, peace, and certainty. In this episode, Tony discusses how he utilized real estate investing to retire at 44 years old and the lessons he’s learned along the way. He reflects on the value of knowing your own strengths and using the power of networking in an industry where most people share their knowledge for free.   Tony Lopes | Real Estate Background CEO of Dirty Boots Capital Portfolio: 200+ assets under management Based in: NH and FL Say hi to him at:  dirtybootscapital.com Instagram LinkedIn YouTube Best Ever Book: Who Not How by Dan Sullivan Greatest Lesson: Once you've learned something, put a system in place and move onto the next thing you need to learn.   Click here to learn more about our sponsors: Techvestor Rent to Retirement Small Axe Podcast BAM Capital 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. Using leverage means using other people’s money to buy an investment property. How do you decide what’s best for your financial future? In this episode, Travis weighs the pros and cons of using leverage to acquire investment properties and discusses how to make your decision depending on your investing goals.   Click here to learn more about our sponsors: Techvestor Rent to Retirement Small Axe Podcast BAM Capital Learn more about your ad choices. Visit megaphone.fm/adchoices

Cody Laughlin, a real estate investor and expert in merging multifamily and industrial investments, shares his insights on the symbiotic relationship between these asset classes, diversifying with purpose, leveraging credibility through track record, and the power of simplicity in building lasting investment success.

Are you tired of juggling endless tasks in your commercial real estate business? Wondering if there's a way to boost productivity without burning out? Join Ash Patel as he sits down with Bob Lachance, founder of Reva Global, to uncover the game-changing potential of virtual assistants. Discover how these dynamic assistants can revolutionize your workflow, from lead generation to administrative duties, allowing you to focus on what truly matters: scaling your commercial real estate empire. Key Takeaways: Start Small, Gain Confidence: Virtual assistants (VAs) can significantly enhance your business efficiency, but starting with one VA and gaining confidence is often the best approach. Gradually add more VAs as you identify specific tasks that can be outsourced effectively. Clear Task Identification: Successful utilization of VAs hinges on precisely defining the tasks you want them to handle. Categorize income-producing tasks from non-income-producing ones and offload the latter. Remember, even if a VA performs at 80% of your level, the time saved can significantly grow your business. Avoiding Burnout and Overcoming Skepticism: Monitoring burnout is crucial, but VA tasks are typically specialized and structured, which can prevent burnout in comparison to monotonous assembly line work. Skepticism about VAs can be countered by giving it a try, ensuring clarity on the tasks you need assistance with, and utilizing tracking metrics if necessary.   Bob Lachance | Real Estate Background Bob Lachance is the founder and CEO of Reva Global, a trailblazing virtual assistant training and staffing company that caters to real estate professionals. Bob is also at the helm of PurchRock, specializing in property acquisitions across Connecticut, Massachusetts, and Rhode Island. CEO and founder of REVA Global and PurchRock Portfolio: Flipping Syndications Based in: West Hartford, CT Say hi to him at:  revaglobal.com Facebook Instagram Best Ever Book: The Compound Effect by Darren Hardy Greatest Lesson: Don't get shiny object syndrome!   Click here to learn more about our sponsors: Techvestor Rent to Retirement Small Axe Podcast BAM Capital Learn more about your ad choices. Visit megaphone.fm/adchoices

Joshua Meyer is the founder of Meyer REI, which creates win-win opportunities between the company and those struggling with foreclosure. In this episode, Joshua gives a step-by-step process for approaching direct-to-seller financing and shares some of the pain he endured by scaling his portfolio and his team too quickly.   Joshua Meyer | Real Estate Background Founder of Meyer REI Portfolio: 36 units buy-and-hold multifamily Does 3–5 wholesale flips per month Based in: Milwaukee, WI Say hi to him at:  Instagram Best Ever Book: The Book on Rental Property Investing by Brandon Turner Greatest Lesson: If you're in the middle of a project with contractors, you have to be a part of that project. Be there every day. Because they will try to get one over on you if you let them.   Click here to learn more about our sponsors: Techvestor Rent to Retirement Small Axe Podcast BAM Capital Learn more about your ad choices. Visit megaphone.fm/adchoices