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. In this episode, Travis discusses three of the biggest mindset obstacles that investors face and how to overcome them. These include trying to time the market, analysis paralysis, and the fear of losing money.   Click here to learn more about our sponsors: MFINCON BAM CAPITAL DEAL MAKER LIVE Learn more about your ad choices. Visit megaphone.fm/adchoices

Deborah Smith is the co-founder and CEO of The CenterCap Group, a boutique investment bank providing strategic advisory, capital-raising, and consulting-related services to private and public sector companies and fund managers across the real estate industry. In this episode, Deborah discusses which investments are better suited for the high net worth vs. institutional categories, the advantages to working with institutional capital, the effect COVID had on commercial real estate.   Deborah Smith | Real Estate Background Co-founder & CEO of The CenterCap Group Based in: Stamford, CT Say hi to her at:  LinkedIn Best Ever Book: House of Cards by William Cohan Greatest Lesson: Don’t make investment decisions based on emotions.     Click here to learn more about our sponsors: MFINCON BAM CAPITAL DEAL MAKER LIVE Learn more about your ad choices. Visit megaphone.fm/adchoices

Lee Ripma is a broker and founder of VestMap.com, which helps investors analyze neighborhoods and demographics surrounding potential properties. In this episode, Lee discusses why she is focused on small multifamily investments, specifically fourplexes in Kansas City, how she finds deals, and why she believes people have such a massive impact on real estate projects.   Lee Ripma | Real Estate Background Principal, Lutz Sales + Investments; Founder, VestMap.com Current portfolio: 53 doors of small multifamily Based in: Overland Park, KS Say hi to her at: www.LutzRE.com www.VestMap.com Greatest Lesson: Stay in your wheelhouse and stay focused. Not doing so can lead to wasted time and very little returns.     Click here to learn more about our sponsors: MFIN CON Learn more about your ad choices. Visit megaphone.fm/adchoices

Dave Codrea is a partner at Greenleaf Capital Partners, a full-service, integrated real estate company that buys, rehabilitate, and manages long-term low-income residential properties and small business commercial properties. In this episode, Dave discusses his transition from multifamily to commercial, surprising caveats he’s seen in triple-net leases, and how 3 sentences in a 60-page lease could make or break millions of dollars.   Dave Codrea | Real Estate Background Partner at Greenleaf Capital Partners Portfolio: 4,000 multifamily units 2M sq. ft. of medical, industrial, and net lease properties Based in: Atlanta, GA Say hi to him at:  gogreenleafmanagement.com LinkedIn Best Ever Book: Into Thin Air by John Krakauer Greatest Lesson: When it comes to challenges in your business, if you are going to delegate to someone else to help, you have to be clear with expectations and goals.     Click here to learn more about our sponsors: MFIN CON Learn more about your ad choices. Visit megaphone.fm/adchoices

Ben Reinberg is the CEO of Alliance Consolidated Group, whose portfolio includes over $500 million in medical, retail, industrial, and office properties. In this episode, Ben discusses the ins and outs of investing in medical and veterinary properties, how he does due diligence on investments, and what his new fund is targeting in 2023.   Ben Reinberg | Real Estate Background CEO of Alliance Consolidated Group Current real estate portfolio consists of Over $500MM in AUM Based in: Newport Beach, CA Say hi to him at:  www.alliancecgc.com www.benreinberg.com Instagram Best Ever Book: The Power of One More by Ed Mylett Greatest Lesson: Make sure you secure long term financing and have flexibility in your investments.     Click here to learn more about our sponsors: MFIN CON Learn more about your ad choices. Visit megaphone.fm/adchoices

Joshua Kagan is the CEO of Bonfire, which enables investors to own partial interests in commercial real estate like hotels, apartments, and industrial buildings without a down payment. In this episode, Joshua discusses how tokenization is aiming to solve some of real estate’s biggest issues such as liquefying investments, facilitating democracy, and removing the barrier to entry for lower level investors.   Joshua Kagan | Real Estate Background CEO of Bonfire Portfolio: Single-family rentals  Multifamily Industrial Land Based in: Denver, CO Say hi to him at:  www.bonfire.capital LinkedIn Best Ever Book: Strategies of Genius by Robert Dilts Greatest Lesson: Always look in the pathway of development and try to invest on the periphery of that.     Click here to learn more about our sponsors: MFIN CON Learn more about your ad choices. Visit megaphone.fm/adchoices

Ryan Wright is the CEO of The Investor’s Edge, which walks brand new real estate investors through their first flip and helps experienced real estate pros find the right team to help them expand their ability to flip more properties each year. In this episode, Ryan discusses where investors typically mess up the most when it comes to due diligence, how hard money lenders make a profit, and the most expensive things in lending that cause losses. Ryan Wright | Real Estate Background CEO of The Investor’s Edge Portfolio: Commercial properties Multifamily properties Mobile homes Land Hard money loans Single family rentals Based in: Salt Lake City Utah Say hi to him at:  theinvestorsedge.com Best Ever Book: Man’s Guide to a Women by John Gottman Greatest Lesson: Cash flow is king. If you don’t have that, it’s going to be hard to get where you want to go.     Click here to learn more about our sponsors: MFIN CON 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 poses the questions to investors: how much money is enough for you, and when do you know you’ve hit that mark? He encourages listeners to have a general awareness of what their desired lifestyle is and how much money it is going to take to fund it, so they know when they have achieved that goal.   Click here to learn more about our sponsors: MFIN CON Learn more about your ad choices. Visit megaphone.fm/adchoices

Zach Winner is the CEO of Prosperity CRE, which provides investors with the opportunity to invest in multi-million dollar commercial properties with as little as $50,000. In this episode, Zach shares his strategies for evaluating markets, why he invests so heavily in the Midwest, and how he works with his property managers to stay in front of occupancy volatility.   Zach Winner | Real Estate Background CEO ofProsperity CRE Portfolio: ~ 300 units of multifamily 75,000 SF of industrial flex office Based in: Los Angeles, CA Say hi to him at:  ProsperityCRE.com LinkedIn Best Ever Book: Benjamin Franklin: An American Life by Walter Isaacson Greatest Lesson: Embrace the advantages of multifamily, especially the net operating income (NOI). With value-add multifamily investments, you can control the appreciation of the property.     Click here to learn more about our sponsors: MFIN CON Learn more about your ad choices. Visit megaphone.fm/adchoices

Alan and Elena Needly are multifamily investors and the founders of Andover Holdings. They began their investing careers building townhomes in the Seattle area and are now limited partners and general partners in 27 apartment syndications nationwide. In this episode, they discuss what they look for in third party property management companies, the technology platforms they use to run their business, and the importance of embracing good debt.   Alan and Elena Neely | Real Estate Background Founders of Andover Holdings Portfolio: GP in 8 deals LP in 13 deals Total of 5,400+ units Based in: Seattle, WA Say hi to them at: www.andoverholdings.com Best Ever Book: Acres of Diamonds by Russell Conwell and The Richest Man in Babylon by George Clason Best Ever Advice: Don’t overanalyze, just get out and get started.   Click here to learn more about our sponsors: MFIN CON Learn more about your ad choices. Visit megaphone.fm/adchoices