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Joe Fairless
Welcome to the Best Ever CRE Show, the world’s longest-running daily COMMERCIAL real estate podcast. Founded by Joe Fairless, a co-founder of Ashcroft Capital who went from buying $35,000 homes to controlling more than $2.7 billion in real estate assets, the Best Ever CRE Show provides commercial real estate expert insights, education, and timely information to our community of active and passive investors who want to build wealth, build a legacy, and do more good in the world.
So if you want the real stories behind the good, the bad, and the worst ever deals — plus, insights into what really goes on in commercial real estate investing — you’re in the right place. Our hosts interview commercial real estate experts every day to uncover secrets and strategies YOU can use to become a better, more informed investor. This is the Best Ever CRE show.
JF3736: The Secret Life of Interest Rates — Inflation, the Election, and What Comes Next ft. Ben Lapidus
John Chang and Ben Lapidus explore the current state of the real estate market in John's debut episode of "The Horizon with John Chang". They focus on the impact of interest rates, differing regional perspectives, and the long-term outlook for real estate investments. They discuss the importance of understanding market dynamics, the potential for investment opportunities, and the need for investors to keep a forward-looking perspective. The dialogue emphasizes the value of real estate as a consistent and reliable investment vehicle, even amidst fluctuating economic conditions.
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29:2626/11/2024
JF3735: Healthcare Development, Wedding Venues & The Art of Finding Lucrative Real Estate Niches ft. Austin Hair
Amanda Cruise and Ash Patel interview Austin Hair, a real estate entrepreneur with a diverse portfolio including wedding venues and retail centers. Austin shares his journey from being a professional wakeboarder to becoming a successful real estate investor. He discusses the challenges and opportunities in the wedding venue business, the complexities of financing real estate, and his transition into retail real estate. The conversation highlights the importance of understanding market dynamics, the blurred lines between real estate and hospitality, and the realities of passive income in the real estate sector.
Austin Hair | Real Estate Background
Leaders Real Estate
Based in: Orlando, FL
Say hi to them at:
LinkedIn
www.leadersre.com
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35:4425/11/2024
JF3734: The Hidden Power of C-PACE: Why Most Real Estate Projects Already Qualify for Low-Cost, Fixed-Rate Financing ft. Laura Rapaport
Joe Cornwell interviews Laura Rapaport, a founding partner of Northbridge, to discuss the Commercial Property Assessed Clean Energy (C-PACE) program. Laura shares her extensive background in real estate and explains how C-PACE financing works, its benefits, and its eligibility criteria. The conversation delves into practical applications of C-PACE in development projects, financial structures, and market trends, providing valuable insights for real estate investors and developers. Laura also offers her outlook on the real estate market for 2025, emphasizing the importance of adapting to changing conditions and utilizing innovative financing solutions.
Laura Rapaport | Real Estate Background
Founder & CEO of North Bridge
Based in: New York, New York
LinkedIn
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35:2824/11/2024
JF3733: Structuring a No-Headache Bar Deal: Getting Business Profits Without the Business Hassles ft. Ash Patel and Amanda Cruise
Ash Patel shares his experiences and insights into investing in businesses, particularly in the bar and nightclub sector. He discusses the emotional aspects of investment decisions, the risks associated with buying businesses versus real estate, and the importance of structuring deals to protect against potential downsides. Ash reflects on his past failures and successes, emphasizing the need for careful planning and partnership dynamics in business ventures.
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21:5623/11/2024
JF3732: Making Taxes Work For You: Bonus Depreciation, QBI Deductions, and Real Estate Professional Status Secrets ft. Amanda Haan
Amanda Haan and Matt Faircloth discuss the current tax strategies for real estate investors, focusing on the implications of recent political changes and the impact of tax legislation on investment decisions. They explore the benefits of the Qualified Business Income Deduction, the significance of bonus depreciation, and the increased funding for the IRS leading to more audits. The discussion also touches on the political dynamics that influence tax laws and the future outlook for tax benefits under a new administration.
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01:02:4022/11/2024
JF3731: Mastering Section 8 & Low-Income Housing: The Truth About Returns, Tenants, and Housing Authorities ft. Ray Glymph
Ray Glymph discusses his journey from experiencing homelessness to building a $10 million real estate portfolio focused on affordable housing. He shares insights on successfully managing Section 8 properties, debunks misconceptions about low-income housing, and emphasizes the importance of local market knowledge and relationship building with housing authorities. Ray also discusses his strategy of targeting 5-20 unit properties and adapting to current market challenges.
Ray Glymph | Real Estate Background
Glymph Consulting
Based in: Pittsburgh, PA
Say hi to them:LinkedIn
Instagram
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22:4621/11/2024
JF3730: From IT Manager to Multifamily Asset Manager: Breaking Into Syndication Without Experience ft. Michael Webberley
Michael Webberley shares his journey into multifamily real estate syndication, discussing his background, the importance of building relationships, and the challenges faced in asset management. He emphasizes the value of joining masterminds, adding value to partnerships, and the significance of tracking KPIs and resident feedback to enhance property management. Michael also highlights the unique aspects of the Jacksonville market and how his IT background has contributed to his success in real estate.
Michael Webberley | Real Estate Background
Trinity Mountain Capital
Based in: Nashville, TN
Say hi to them:
www.trinitymountaincapital.com
LinkedIn
Facebook
Sponsors:
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18:2120/11/2024
JF3729: From German Manufacturing COO to 6,000-Lot Mobile Home Empire ft. Matthias Gruenwald
Matthias Gruenwald shares his journey from being a COO in a manufacturing company to becoming a successful real estate investor specializing in mobile home parks. He discusses his unique approach to acquiring distressed properties, creating affordable housing, and building a scalable business model. Matthias emphasizes the importance of processes, relationships, and a long-term vision in achieving success in the competitive real estate market.
Matthias Gruenwald | Real Estate Background
T2M Capital, LLC
Based in: Greenville, SC
Say hi to them:
LinkedIn
Facebook
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38:0719/11/2024
JF3728: From Clinical Dietitian to 1,100-Unit Portfolio: Finding Tax Benefits & Creative Solutions in Houston Multifamily ft. Haley John
Joe Cornwell interviews Haley John, co-founder and managing partner of RH Capital, who shares her inspiring journey from being a clinical dietitian to a successful real estate investor. Haley discusses her first large multifamily investment, the importance of mentorship, and the dynamics of being both a limited partner (LP) and general partner (GP) in real estate deals. She reflects on lessons learned from both successful and challenging investments, offers insights into the current real estate market, and shares innovative strategies for managing expenses amidst rising costs. The conversation highlights the significance of relationships in investing and the potential impact of political changes on the real estate landscape.
Haley John | Real Estate Background
Co-Founder and Managing Partner of RH Capital
Based in: Houston TX
Say hi to them:
LinkedIn
www.rhcapitalinvest.com
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27:2618/11/2024
JF3727: Why a $450M Portfolio is Shifting from Value-Add to Class A: Trading Higher Returns for Steadier Cash Flow ft. Whitney Sewell
Slocomb Reed and Whitney Sewell discuss the evolving landscape of multifamily investing, focusing on market changes, investment strategies, risk management, and the challenges of raising capital. Whitney shares insights from his experiences over the past two years, including lessons learned from mistakes made with floating rate debt and the importance of adapting to investor preferences for stability and lower risk. The discussion concludes with thoughts on the future of multifamily investing and the enduring appeal of apartments as a solid investment choice.
Whitney Sewell | Real Estate Background
Founder of the Life Bridge Capital Omnah Foundation
Based in: Roanoke, VA
Say hi to them:
LinkedIn
Instagram
www.whitneysewell.com
https://lifebridgecapital.com
Sponsors:
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17:4717/11/2024
JF3726: From Hating Senior Living Facilities to Building a 141-Bed Cozy Home Empire — and a $85K Lesson on Having Capital Ready ft. Brandon Schwab
Amanda Cruise and Ash Patel interview Brandon Schwab, CEO of Shepard Premier Senior Living, who shares his journey into the assisted living industry. Brandon discusses the importance of creating cozy home environments for seniors, the challenges of navigating the market, and the strategies he employs to scale his business. He also reflects on the lessons learned from his failures and the critical need for quality care in the industry.
Brandon Schwab | Real Estate Background
CEO of Shepherd Premier Senior Living
Based in: IL and WI
Contact Information:
www.BrandonSchwab.com
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34:2216/11/2024
JF3725: Keeping Syndicators Out of Jail: SEC Rule Changes, Token Offerings, and Entity Structure Mistakes to Avoid ft. Mauricio Rauld
Mauricio Rauld discusses the intricacies of real estate syndication, focusing on common legal mistakes, the role of capital raisers, and the importance of proper entity structures for asset protection. He emphasizes the need for syndicators to understand securities laws and the implications of using third-party capital raisers. The discussion also covers the evolving landscape of accreditation rules, the future of capital raising strategies, and predictions for the real estate market amidst economic changes.
Mauricio Rauld | Real Estate Background
Founder/CEO of Premier Law Group
Based in: San Clemente, CA
Contact Information:
LinkedIn
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53:4415/11/2024
JF3724: From Concrete Mason to 885 Doors: Teaching Blue Collar Investors How to Build Wealth ft. Kent Kiess
Kent Kiess shares his journey from a construction background to becoming a successful multifamily real estate investor with over 885 doors across nine properties. He discusses the importance of partnerships, the transition from single-family to multifamily investments, and the challenges faced in the current market. Kent emphasizes the significance of due diligence, goal setting, and understanding the market dynamics to achieve financial independence and success in real estate investing.
Kent Kiess | Real Estate Background
Founder/CEO of KC-Investments
Based in: Phoenix, Az and Brea, CA
Say hi to him at:
www.kc-investments.com
LinkedIn
www.beyondthetoolbeltbook.com
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30:4214/11/2024
JF3723: From Single House Hack to 320 Units: Turning Bank Conflict into a Creative Portfolio Strategy ft. Zachary Gray
Joe Cornwell interviews Zachary Gray, a successful real estate investor and owner of Freedom Management. Zachary shares his journey from personal trainer to real estate investor, detailing his strategies for building a portfolio of over 320 units in just a few years. He discusses his first deals, the challenges he faced, and the unique strategies he employed to maximize property value and investor returns. The conversation also touches on the importance of operational efficiency and team dynamics in scaling a real estate business.
Zachary Gray | Real Estate Background
Freedom Management
Based in: Worcester, MA
Say hi to him at:
Instagram
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34:3913/11/2024
JF3722: Growing a $800M Portfolio During the Three I's (Interest, Insurance, & Inflation) ft. Ben Suttles
Slocomb Reed interviews Ben Suttles, managing partner of Disrupt Equity, about the growth and challenges in the multifamily investing space. They discuss the company's impressive growth from $200 million to over $800 million in assets under management, the impact of interest rates and inflation on the market, and the importance of strategic hiring and relationship building in acquisitions. Ben shares insights on investor sentiment, capital raising challenges, and the adjustments in investment strategies and target returns. He emphasizes the need for patience in the current market and reflects on lessons learned from recent acquisitions.
Ben Suttles | Real Estate Background
Disrupt Equity
Based in: Houston, TX
Say hi to him at:
LinkedIn
www.DisruptEquity.com
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29:3512/11/2024
JF3721: Tackling 12-Cap Office Deals, Avoiding Land Development Pitfalls, and Navigating Florida’s Insurance Hikes ft. Ken Naim
Ash Patel and Amanda Cruz interview Ken Naim, a commercial real estate investor and manager at Beacon One Capital. Ken discusses the current state of the office market, dispelling myths about its toxicity and highlighting the opportunities available for savvy investors. He shares insights on buying and selling strategies, the importance of creating attractive office spaces, and the challenges of land entitlement projects. Ken also reflects on a significant lesson learned from a land development failure, emphasizing the need for thorough documentation and understanding of local government processes. The conversation concludes with Ken's preference for commercial buildings over land development due to their predictability and lower political risks.
Ken Naim | Real Estate Background
Beacon One Capital
Based in: Lake Worth, FL
Say hi to him at:
LinkedIn
Sponsors:
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36:0711/11/2024
JF3720: Closing $10K Properties at the Table, Mastering Owner Financing, and Tackling $5M Single-Family Investments ft. Randal McLeaird
Joe Cornwell interviews Randal McLeaird, a seasoned real estate investor and owner of Ridgeline Investment Group. Randal shares his journey into real estate, starting from his first deal in 2009 to scaling his flipping business and transitioning into multifamily investments. He discusses the mindset of new investors, the importance of understanding market trends, and the strategies that have worked for him over the years. The conversation also touches on the challenges and changes in the real estate market, especially during and after the COVID-19 pandemic. Randal emphasizes the need for Careful Consideration in investment decisions and the importance of understanding risks involved in real estate. He also outlines his current focus on acquiring small multifamily properties and expanding his single-family owner financing business.
Randal McLeaird | Real Estate Background
Ridgeline Investment Group & Agents Building Cashflow
Based in: San Antonio, TX
Say hi to him at:
LinkedIn
Sponsors:
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33:5910/11/2024
JF3719: From MLB to 6,500 Units, Navigating California's Market, and Tackling Insurance Hikes ft. Josh Satin
Slocomb Reed interviews Josh Satin, managing partner of Gelt Venture Partners, who shares insights into his journey from professional baseball to real estate investment. Josh discusses his recent acquisition of a multifamily property in San Diego, detailing the business plan, value-add strategy, and the operational challenges faced in the current market. He emphasizes the importance of market knowledge over asset quality, shares lessons learned from past mistakes, and explains how he manages rising insurance costs.
Josh Satin | Real Estate Background
Partner and Chief Investment Officer at Gelt Venture Partners
Based in: Los Angeles, CA
Say hi to him at:
LinkedIn
Sponsors:
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20:3609/11/2024
JF3718: $5 Billion in Deals, Building Thriving Communities, and the Goal of 1 Million Affordable Homes ft. Don Wenner
Don Wenner, CEO of DLP Capital, aims to create a million affordable housing units and impact 100 million lives. He discusses DLP’s focus on long-term affordable housing for working families, building thriving communities, and supporting residents beyond housing. He explains DLP's shift from individual assets to an evergreen fund model, emphasizing the value of direct investor relationships and the RIA channel. Don advises operators to prioritize strong leadership, structure, and disciplined growth. He also stresses hiring an accountant or CFO, building an organized leadership structure, and empowering leaders. His goals include meeting investor returns, rapid growth, and expanding DLP’s banking platform. Don also shares tips on work-life balance and health for longevity.
Don Wenner | Real Estate Background
Founder & CEO of DLP Capital
Based in: St Augustine, FL
Say hi to him at:
LinkedIn
www.dlpcapital.com
Sponsors:
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01:07:5808/11/2024
JF3717: Breaking Ground on Self-Storage, Doubling Returns in Multifamily, and Converting to Assisted Living ft. Letitia Montelongo
Slocomb Reed interviews Letitia Montelongo, a principal at Montelongo Capital, who shares insights into her journey in commercial real estate, focusing on multifamily and self-storage investments. Letitia discusses the challenges faced in the multifamily market, the transition into self-storage, and the importance of maintaining strong returns for investors. She also highlights her experience with ground-up construction and the strategic decisions made to diversify their portfolio. The conversation concludes with Letitia's perspective on the current state of commercial real estate and her contact information for interested listeners.
Letitia Montelongo | Real Estate Background
Montelongo Capital
Based in: San Antonio, Texas
Say hi to him at:
Facebook
LinkedIn
Facebook
Instagram
Sponsors:
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22:1307/11/2024
JF3716: Tripling Returns on First Deal, 1,400 Units, and Mastering Multifamily While Practicing Law ft. Yosef Lee
Amanda Cruz interviews Yosef Lee, an attorney and multifamily investor, who shares his journey from being a South Korean immigrant to successfully managing 22 multifamily syndications. Yosef discusses his first full cycle deal, the importance of buying right, and how his legal background aids in syndications. He also addresses challenges in partnerships, the shift from being a general partner to a limited partner, and insights into asset management. Additionally, he shares his recent acquisition of a cafe and his plans to build a micro family office for diversified investments.
Yosef Lee | Real Estate Background
Y Lifestyle Design & Management
Based in: New York, New York
Say hi to him at:
www.yosefhlee.com
Facebook
LinkedIn
Instagram
Tiktok
Sponsors:
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31:1606/11/2024
JF3715: Doubling to 800 Units, Bringing Management In-House, and Navigating $1.65M Renovation Challenges ft. Ross McArthur
Joe Cornwell interviews Ross McArthur, owner of Follow the Deal Investments, who shares insights on his journey in real estate over the past year. Ross discusses the strategic decision to bring property management in-house, the challenges and successes of scaling his portfolio, and the evolution of his investment philosophy towards newer vintage properties. He reflects on lessons learned from past deals, including both successes and challenges, and emphasizes the importance of location and property condition in investment decisions. The conversation concludes with Ross's book recommendation and thoughts on future goals in the real estate market.
Ross McArthur | Real Estate Background
Follow the Deal Investments
Based in: Indiana
Say hi to him at:
linkedin.com/in/rossmcarthur
www.followthedeal.com
Sponsors:
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30:4705/11/2024
JF3714: Scaling to 800+ Units, Hands-On Lease-Up Strategies, and Navigating Market Challenges ft. Paula Nichols
Paula Nichols shares her journey from corporate America to becoming a successful real estate syndicator. She discusses the importance of strategic financial planning, the challenges of managing value-add projects, and the significance of effective property management. Paula also highlights her marketing strategies for leasing in Lubbock and reflects on how her perspective on multifamily investments has evolved over the years.
Paula Nichols | Real Estate Background
Apogee Capital
Based in: Dallas, Texas
Say hi to her at:
www.apogeemfc.com
www.linkedin.com/thepaulanichols
Sponsors:
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21:5104/11/2024
JF3713: Scaling Through Adversity, Adding 8 Units to a 24-Unit Deal, and 100% Investor Return ft. Joe Rinderknecht
Joe Rinderknecht shares his unique journey from a ranching background to becoming the CEO and founder of Upgrade Partners Capital, focusing on multifamily real estate investments. He discusses the pivotal moments in his life, including a tragic car accident that shifted his perspective and led him to pursue entrepreneurship. Joe elaborates on his transition to fund management, the challenges faced during a significant deal, and the lessons learned about partnerships, communication, and the importance of surrounding oneself with experienced individuals. He concludes with actionable advice for aspiring investors, emphasizing the value of mentorship and open communication.
Joe Rinderknecht | Real Estate Background
Upgrade Partners Capital
Based in: Logan, Ut.
Say hi to him at:
www.upcfund.com
LinkedIn
Instagram
Instagram
Sponsors:
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33:0903/11/2024
JF3712: Adaptive Reuse Self-Storage, 190K Sq Ft Industrial, and 100% IRRs ft. Jason Adams
Amanda Cruise and Ash Patel interview Jason Adams, owner and president of Signal Ventures, who shares his extensive experience in real estate development, particularly in self-storage and light industrial properties. Jason discusses the current state of the self-storage market, the intricacies of ground-up development, financial insights, and marketing strategies for stabilization. He also delves into adaptive reuse projects and the potential of existing facilities, while reflecting on his past experiences and future plans in the real estate sector.
Jason Adams | Real Estate Background
Signal Ventures LLC
Based in: Bend, OR
Say hi to him at:
LinkedIn
www.signalv.com
Sponsors:
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29:5502/11/2024
JF3711: Wealth Building Secrets, Cash Flow Niches, and Mastering the Art of JOMO ft. M.C. Laubscher
M.C. Laubscher and Matt Faircloth discuss the different strategies for getting wealthy and the importance of understanding the definitions of savings, investing, speculating, and gambling. They emphasize the need for a balanced approach to wealth-building, including having a savings or war chest for emergencies and opportunities. They also highlight the importance of education and understanding the asset class or investment strategy before investing. They caution against FOMO (Fear of Missing Out) and recommend focusing on JOMO (joy of missing out) to avoid making impulsive and risky investment decisions.
M.C. Laubscher | Real Estate Background
Producers Wealth/Cashflow Ninja
Based in: Newtown, PA
Say hi to him at:
LinkedIn
Sponsors:
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42:1301/11/2024
JF3710: Buying Distressed Assets, Local Investing, and Building a Value-Add Portfolio in New Jersey ft. Joshua Kahr
Joshua Kahr shares insights from his extensive experience in commercial real estate, particularly in multifamily investments. He discusses his current focus on value-add deals, the importance of understanding market cycles, and the challenges of staffing in the current labor market. Joshua emphasizes the opportunities available in mismanaged assets and the lessons learned from past market disruptions, including the impact of COVID-19. He concludes with thoughts on the future of real estate investing and how to connect with him.
Joshua Kahr | Real Estate Background
Metropolitan America, Kahr Real Estate Services, Essex Suites
Based in: Verona, NJ
Say hi to him at:
kahrrealestate.com
LinkedIn
essexsuites.com
metropolitanamerica.com
Sponsors:
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23:0031/10/2024
JF3709: Residential Assisted Living, Value-Add Sober Living, and $9,000/Month Beds ft. Charlie Cameron
Amanda and Ash interview Charlie Cameron, a real estate investor specializing in residential assisted living. Charlie shares his journey from military service to real estate, emphasizing the growing demand for assisted living facilities. He explains the differences between traditional nursing homes and residential assisted living, detailing the operational aspects, staffing challenges, and financial considerations involved in running these homes. Charlie also discusses the importance of providing quality care, the potential for high returns on investment, and the future of the assisted living market.
Charlie Cameron | Real Estate Background
Open Range Capital & The RAL Room
Based in: Woodbridge VA
Say hi to him at:
theralroom.com
Sponsors:
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35:2430/10/2024
JF3708: Turning 40% Occupancy into Profits, 2000+ Units, and Building Legacy Wealth ft. Michael Manthei
Michael Manthei shares his transformative journey from a life dedicated to ministry to becoming a successful real estate investor. He discusses the ideological barriers he faced regarding wealth and success, the importance of obedience in his life, and how he navigated the challenges of real estate investing. Michael emphasizes the significance of community and mentorship in his current endeavors, highlighting the fulfillment he finds in helping others achieve their goals. Michael Manthei | Real Estate Background ELEVATE Investing Group
Based in: 2000+ units
Say hi to him at: www.investelevate.com
Facebook
Instagram
Sponsors:
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37:2829/10/2024
JF3707: Navigating Chicago’s Competitive Market, Property Management Insights, and Adaptive Reuse ft. John McGeown
In this episode of the Best Ever CRE Show, John McGeown, investor and property management expert, joins host Slocomb Reed. John shares his transition from heavy rehabs to value-add deals focused on efficient management, along with insights from managing over 1,200 units across Chicago. He dives into challenges with competitive deal flow, managing tenant expectations, and overcoming the rising costs in the Chicago market. John also makes the case for investing in Chicago, highlighting its economic diversity, historic architecture, and strong rental demand.
John McGeown | Real Estate Background
High Fidelity Property Management
Based in: Chicago, IL
Say hi to him at:
www.highfidelityrealty.com
Sponsors:
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22:1828/10/2024
JF3706: Scaling 100+ Mobile Home Parks, In-House Construction, and Infill Challenges ft. Sam Hales
In this episode of the Best Ever CRE Show, Sam Hales, CEO of the Saratoga Group, joins Amanda Cruise and Ash Patel to share his journey from single-family homes to managing nearly 7,000 mobile home pads. Sam discusses his strategic shift to mobile home parks, the importance of an in-house construction team, and his approach to adding value through infill and efficient management. He also offers insights into navigating challenges in a competitive market and the future of mobile home investments.
Sam Hales | Real Estate Background Saratoga Group
Based in: Knoxville TN
Say hi to him at: LinkedIn
Sponsors:
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35:3127/10/2024
JF3705: Converting 1970s Townhomes, Condo Strategies, and a 170% NOI Boost ft. Karl Krauskopf
Joe Cornwell interviews Karl Krauskopf, founder of Gold Multifamily, who shares his journey from a corporate job to becoming a full-time real estate investor. Karl discusses his experiences in scaling up from small multifamily properties to larger developments, the challenges of navigating the Seattle real estate market, and the impact of corporate policies on housing demand. He also shares a successful case study of a townhome project in Wenatchee, highlighting the strategies used to increase net operating income significantly. The conversation concludes with actionable advice for investors looking to plan for the future.
Karl Krauskopf | Real Estate Background Gold Multifamily
Portfolio: 85 Multifamily units
Based in: Seattle, Washington
Say hi to him at: LinkedIn
www.gold-mf.com
Sponsors:
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25:5026/10/2024
JF3704: This LP Rejects 98% of Deals. Here’s What He Sees Syndicators Doing Wrong ft. Marc Halpern
Matt Faircloth speaks with Marc Halpern, a seasoned passive investor in syndication deals. Marc emphasizes the need for syndicators to present clear, concise information to limited partners (LPs) through a one-pager, covering key details like the project name, asset class, equity split, and target returns. He stresses respecting LPs' time, focusing on transparency, and providing investor-centric communication. Marc also shares advice on networking effectively, prospecting at investor conferences, and conducting thorough due diligence, highlighting the importance of clarity, realistic projections, and efficient deal presentations.
Marc Halpern | Real Estate Background Part Time Investors LLC
Based in: Williamstown, NJ
Say hi to him at: www.PartTimeInvestorsLLC.com
Sponsors:
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50:5225/10/2024
JF3703: Off-Market Class A Acquisitions, Investor Confidence, and 35% NOI Growth in Dallas ft. Tony Lin
Slocomb Reed interviews Tony Lin, founder and CEO of Link Multifamily, who shares his journey from tech to real estate investing. Tony discusses his investment philosophy, focusing on multifamily properties as a basic need, and the importance of maintaining investor confidence during market downturns. He highlights recent acquisitions, strategies for tenant retention, and the challenges posed by inflation and decreased occupancy. Additionally, Tony elaborates on his mentorship program, Linfinity, which aims to educate aspiring investors on conservative investment practices.
Tony Lin | Real Estate Background Link Multifamily
Portfolio: Active lead GP on 860 units in Dallas, TX
Passive investor in 17 deals, including over 4,000 multifamily units
Investments in self-storage, student housing, commercial plumbing, blind funds, and new construction
Based in: Fremont, CA
Say hi to him at: www.linkmultifamily.com
Sponsors:
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24:1524/10/2024
JF3702: Scaling to 500M AUM, Off-Market Deals, and Achieving 72% IRRs in Storage & MHP ft. Matthew Ricciardella
Amanda and Ash welcome Matthew Ricciardella, the principal and managing partner of Crystal View Capital. Matthew shares his journey from residential flipping to managing over 25,000 units in mobile home parks and self-storage facilities. He discusses the importance of passive income, key performance indicators in management, and the strategies he employs to source off-market deals. Matthew also highlights the impressive returns his funds have delivered to investors and the challenges of navigating a competitive market. He emphasizes the significance of building strong relationships with investors and the lessons learned from scaling his business.
Matthew Ricciardella | Real Estate Background Managing Partner & Principal at Crystal View Capital
Portfolio: 100+ assets (self-storage and manufactured housing communities)
25K+ unit/sites managed
$500M+ AUM
Based in: Las Vegas, NV
Say hi to him at: www.crystalviewcapital.com
LinkedIn
Sponsors:
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37:0423/10/2024
JF3701: Closing 12 Properties for $16M — Mailer Success, Double Closing, and Building a Track Record ft. Tory Sheffer
Joe Cornwell interviews Tory Sheffer, a real estate syndicator with a successful track record in multifamily investments. Tory shares his journey from starting a playground construction company to becoming a real estate agent and eventually closing significant deals in the multifamily sector. He discusses his first major acquisition of 232 units, the challenges he faced in property management, and the lessons learned from various deals. Tory emphasizes the importance of confidence, taking action, and understanding the market dynamics to succeed in real estate investing.
Tory Sheffer | Real Estate Background Sheffer Capital
Portfolio: 250+ units, 12 properties
Based in: Brighton, MI
Say hi to him at: X.com
LinkedIn
Newsletter
Sponsors:
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32:4222/10/2024
JF3700: 78 Pads for $400K — Infilling Mobile Home Parks, Contractor Specials, and Scaling a Portfolio ft. Leo Young
Amanda Cruise and Ash Patel interview Leo Young, co-founder of Cornell Communities, who shares his journey into the mobile home park investment space. Leo discusses his background in real estate, the strategies he employs to source and manage mobile home parks, and the unique challenges he faces in this niche market. He also delves into his investment strategies, including infill projects and raising capital, while providing insights into the New Jersey market and his future plans for scaling his business. Leo Young | Real Estate Background Principal & Co-Founder of
Portfolio: 160+ units
Based in: New York, NY
Say hi to him at: LinkedIn
www.cornell-communities.com
Sponsors:
Altra Running
Sponsors:
Altra Running
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26:2521/10/2024
JF3699: Cutting Insurance Costs and Competing with New Developments — Strategies for 4,000 Multifamily Units ft. Todd Watkins
On this episode of the Best Ever CRE Show, Slocomb Reed interviews Todd Watkins, COO of Railfield, discussing his journey from law to real estate, the challenges of navigating insurance in commercial real estate, and the current labor market's impact on hiring. Todd shares insights on asset management, innovative tenant retention strategies, and the cyclical nature of the real estate market, emphasizing the importance of adapting to changing conditions.
Todd Watkins | Real Estate Background Partner, COO at Railfield
Portfolio: ~4,000 units
Based in: Bethesda, MD
Say hi to him at: www.railfieldrealty.com
Sponsors:
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29:4920/10/2024
JF3698: Rescuing Overleveraged Multifamily & Office Deals — Rate Caps, Capital Calls, and Recapitalization Strategies ft. Jake Clopton
On this episode of the Best Ever CRE Show, Amanda Cruise and Ash Patel welcome Jake Clopton, president of Clopton Capital, to discuss the current state of commercial real estate lending. Jake shares insights on the challenges faced by lenders and borrowers in a high-interest-rate environment, the complexities of restructuring troubled deals, and the dynamics of capital calls. He also provides an overview of the banking landscape, highlighting potential failures and the differences in asset classes like multifamily and office space.
Jake Clopton | Real Estate Background Clotpon Capital
Portfolio: Commercial Mortgage Broker and Financial Intermediary
Based in: Chicago, Illinois
Say hi to him at: LinkedIn
Sponsors:
Altra Running
Sponsors:
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26:1719/10/2024
JF3697: Why This Prolific Investor Is Sitting on the Sidelines … for Now ft. Jeremy Roll
In this episode of Next Level CRE on the Best Ever CRE Show, Jeremy Roll, a seasoned multi-cycle real estate and alternative asset investor and president of the Roll Investment Group, joins host Matt Faircloth. Jeremy breaks down how to invest as a defensive investor in 2024 and beyond based on his experience before and during the 2008 recession and the COVID-19 pandemic.
He discusses where to invest during a recession (which is likely coming, he says — he explains why), the key indicator he’s following to determine whether or not we’re headed for a recession, and why he’s currently sitting on the sidelines to see how things play out economically. He also discusses the philosophy behind doing nothing, what he’s looking for to determine when it’s time for him to jump back in, and why — as a cash flow investor — he avoids negative leverage at absolutely all costs.
Jeremy Roll | Real Estate Background Roll Investment Group
Based in: Los Angeles, California
Say hi to him at: LinkedIn
Sponsors:
Altra Running
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36:0918/10/2024
JF3696: Flipping a $200K Office into $380K & Tapping Into Cleveland’s Booming Commercial Market ft. Chris Matan
Ash Patel interviews Chris Matan, a seasoned real estate broker and investor with 30 years of experience. Chris shares his journey into real estate, discussing his diverse investments across various asset classes, including multifamily, office, and retail. He emphasizes the importance of patience in the industry, the value of multifamily properties, and the current trends in commercial real estate. Chris also addresses the challenges of scaling his business and the lessons learned throughout his career, while expressing a desire to return to investing and building his portfolio. Chris Matan | Real Estate Background EXP Realty/Marich Machine
Based in: Cleveland, OH
Say hi to him at: LinkedIn
Youtube
Sponsors:
Altra Running
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22:0017/10/2024
JF3695: Navigating Distressed Deals, Class A & B Multifamily, and Conservative Investing in 2024 ft. Rajkumar Venkatramani
In this episode, Rajkumar Venkatramani shares his journey from being a physician to becoming a multifamily real estate investor. He discusses the current challenges in the market, including investor skepticism and rising expenses, and how his investment strategy has evolved over the years. Raj highlights the importance of patience in partnerships and the critical role of pricing in real estate investments, especially when analyzing distressed properties.
Rajkumar Venkatramani | Real Estate Background REIDOC Capital
Portfolio: 2000+ Multifamily Units
Based in: Houston, TX
Say hi to him at: LinkedIn
www.reidoccapital.com
Sponsors:
Altra Running
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16:5616/10/2024
JF3694: Transitioning from Active to Passive Investing — RV Parks, Senior Living, and Diversification Strategies ft. Bill Manassero
In this episode of the Best Ever CRE Show, Joe Cornwell interviews Bill Manassero, CEO of Promise Land Holdings LLC, who shares his journey from active to passive real estate investing. Bill discusses the unique advantages of starting real estate investing later in life, the challenges he faced as a passive investor, and the importance of diversifying investments. He also provides valuable advice for aspiring passive investors, emphasizing the need for thorough due diligence and caution in today's market. Bill highlights the current trends in real estate, including the demand for RV parks and senior living facilities, and encourages listeners to stay informed and patient in their investment decisions.
Bill Manassero | Real Estate Background CEO, Promised Land Holdings LLC
Based in: Riceville, TN
Say hi to him at: www.olddawgsreinetwork.com
X.com
Sponsors:
Altra Running
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20:5615/10/2024
JF3693: Negotiating Loan Docs and Protecting Yourself from Frivolous Lawsuits by ‘Creating Barriers’ ft. Bishoy M. Habib, Esq.
Bishoy M. Habib Esq., attorney and broker at Levacy Legal, joins host Ash Patel on the Best Ever CRE Show. In this episode, Bishoy discusses the benefits of being an active investor, broker, and real estate attorney simultaneously. He also discusses the value of land trusts, the concept of segregating risk, and why you never want to be accused of “piercing the corporate veil.” Finally, he explains why everything in life — even loan docs — is negotiable.
Bishoy M. Habib, Esq. | Real Estate Background Levacy Legal
Based in: Tampa, FL
Say hi to him at: IG: @attorneybishoy
LinkedIn: https://www.linkedin.com/in/bishoyhabib/
YT: @attorneybishoy
TikTok: @attorneybishoy
www.levacylegal.com
Sponsors:
Altra Running
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32:0714/10/2024
JF3692: Saving $20,000 Through Self-Auditing and the No. 1 Factor in Tenant Retention ft. Moshe Crane
Moshe Crane, VP of branding and strategic initiatives at Sage Ventures, joins host Slocomb Reed on the Best Ever CRE Show. In this episode, Moshe discusses the self-auditing process that resulted in him saving his company $20,000. He also shares the thesis behind the apprentice program he’s currently building and why maintenance is the No. 1 factor in tenant retention.
Moshe Crane | Real Estate Background VP Branding and Strategic Initiatives
Sage Ventures
Portfolio: 10 Properties, 4k units.
Based in: Baltimore, MD
Say hi to him at: LinkedIn
Sponsors:
Altra Running
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24:5413/10/2024
JF3691: How to Make Loan Assumptions Work and Building a Real Estate Dream Team ft. Jonathan Nichols
Jonathan Nichols, CEO at Apogee Capital, joins host Joe Cornwell on the Best Ever CRE Show. In this episode, Jonathan discusses how to get deals done in today’s market, including how to make loan assumptions work on value-add multifamily deals. He also discusses the nuances of building a business, including how to build a real estate dream team by building a culture that goes beyond doing the bare minimum.
Jonathan Nichols | Real Estate Background CEO Apogee Capital
Portfolio: ~1000 units as a GP, additional 1000+ as an LP.
Also own a portfolio of 20+ residential units.
Based in: DFW, TX
Say hi to him at: LinkedIn
www.apogeemfc.com
Sponsors:
Altra Running
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24:0312/10/2024
JF3690: The Power of Mindset, Strategic Systems, and Resilience in Real Estate ft. Trevor McGregor
Trevor McGregor, a successful real estate investor and coach, discusses navigating today's real estate market, emphasizing mindset and action. He stresses adapting to changes like rising interest rates and competition, focusing on relationships, and raising standards. McGregor also highlights overcoming limiting beliefs and taking responsibility for success. In conversation with Matt Faircloth, they cover key success factors: mindset, goal setting, systems, time management, execution, and accountability. Trevor identifies five reasons people fail to scale: mindset, lack of strategy, systems, time management, execution, and accountability, urging listeners to assess and improve in these areas.
Trevor McGregor | Real Estate Background Master Platinum Coach and Mindset Mentor
Portfolio: Active and Passive Investor for 22 Years. SF, MF, Self Storage, etc.
Based in: Vancouver, Canada / Byron Bay, Australia
Say hi to him at: LinkedIn
Sponsors:
Altra Running
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55:1611/10/2024
JF3689: Creative Recaps, NYC Value-Adds, and Sunbelt Expansion — Lessons in Syndication ft. George Giannopoulos
On this episode of the Best Ever CRE Show, George Giannopoulos, CEO of King's Capital, shares his journey in real estate, detailing his transition from a real estate agent to a principal investor managing a portfolio worth $160 million. He discusses his first syndication experience, strategies for raising capital, and the expansion into the Sunbelt market. George also addresses the challenges of refinancing in a changing market, the importance of creative deal structuring, and the lessons learned from his experiences. He emphasizes the significance of building a strong investor base and maintaining operational excellence while exploring future growth opportunities in various asset classes.
Sponsors:
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25:5710/10/2024
JF3688: Scaling from 10 SFRs to 270 Multifamily Units — Aggressive Offers, Wi-Fi Value-Adds, and Lessons in Property Management ft. Jeff Johnson
In this episode on the Best Ever CRE Show, Joe Cornwell interviews Jeff Johnson, a regional CFO and real estate investor, who shares his journey from single-family homes to multifamily investments. Jeff discusses his early experiences in real estate, the challenges he faced in property management, and the strategies he employed to successfully acquire and manage multifamily properties. He emphasizes the importance of understanding tenant demographics, having a solid business plan, and the lessons learned from past deals. Jeff also shares his future goals and offers actionable advice for aspiring investors.
Jeff Johnson | Real Estate Background Grow Property Group
Based in: McKinney, TX
Say hi to him at: www.Growpropertygroup.com
X - @JReInvstr
Sponsors:
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24:3409/10/2024
JF3687: Closing a $76M Class A Multifamily Deal — Navigating HUD Loans, Property Tax Exemptions, and Market Shifts ft. Chad Brinkerhuff
On this episode of the Best Ever CRE Show, host Slocomb Reed interviews Chad Brinkerhuff, co-founder and managing partner of Great Dane Capital. Chad shares his journey into multifamily investments, detailing the acquisition of a 327-unit property in San Antonio, Texas. The conversation explores the challenges faced during the acquisition process, the importance of tax benefits, and the dynamics of the San Antonio rental market. Chad also discusses his role in evaluating deals and the lessons learned from their experiences, particularly regarding investor relations and navigating HUD processes.
Sponsors:
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18:4508/10/2024