PODCAST

Making Money in Multifamily Real Estate Show

Dave Morgia

This show covers everything to do with Multifamily Real Estate Investing to help you, the listener, become an expert in your real estate ventures. The host, Dave Morgia, brings on guests who are already experts in their respective fields to discuss what principles and practices they follow that has helped them achieve their success so far.
169 | Asset Management, Seamlessly Scaling, and Multifamily BRRR with Paul Barbeau168 | SEC Compliance, Facetime With Investors, Ethical Operations with Ken Gee
Jan 12 2022
37 mins
167 l Mindset Ninja, Zone of Genius, and Aiming Big with Mandy McAllister166 | Juggling Multiple Deal Closings and Data Driven Decisions with Juan Vargas
Juan's Background:Founder of Gen Wealth Capital GroupHas over 900 units AUM totaling $83MM in Texas and ArizonaHost of the Commit to Wealth PodcastIn this episode we cover: 02:06 - How Juan has been managing all of the deal transactions of late 05:54 - Getting to the top of a broker's investor list 08:13 - Building relationships is a marathon 10:49 - Responsiveness can win a deal 14:16 - Juan's underwriting workflow/criteria 18:51 - Tracking deals and their data using AirTable 21:11 - Keeping KPIs on track with systems 23:34 - Finding and addressing bottlenecks 28:22 - The risk of losing a deal by being too conservative 30:26 - 5KQ1 - If you could only pick one trait that explains your success, what is that trait and why? 30:54 - 5KQ2 - What is the most uncharacteristic thing you've done in your business and why did you do it? 32:21 - 5KQ3 - Can you name any time where you felt like you were not going to end up successful? How did you overcome that fear? 33:51 - 5KQ4 - Can you name a time where something in your business went perfectly and what did you do to make that a reality? 35:30 - 5KQ5 - What have you been focusing on lately to improve yourself or your business?Connect with Juan:EmailConnect with Dave:Schedule a callWebsiteE-mailOther ways to listen/watch:https://lnk.bio/multifamilyFollow or Subscribe:Facebook GroupLinkedInInstagramYoutubeIf you enjoyed this episode or like the show, please subscribe and leave a review! It is a huge help for just a little effort
Dec 8 2021
39 mins
165 | Delegating Tasks, Don't Outsource (Using VAs) with Bob Lachance
Bob's Background:Bob Lachance has been an active business owner and real estate investor since 2004. Bob is an entrepreneur by nature and currently owns, operates and manages many different businesses around the world. Bob helped create the top Real Estate Education and Mentor/Coaching program in existence today, FortuneBuilders, INC. Bob also created one of the premiere Real Estate Virtual Assistant Staffing companies, REVA Global, LLC (REVA). Bob is an expert in the real estate investing space and has an incredible reputation for creation, implementation and execution.Prior to getting into the business sector, Bob had a successful 8 year professional ice hockey career which allowed him the privilege of traveling and living all over the US and Europe. Bob was also a member of the 1995 National Championship Boston University Ice Hockey Team.In this episode we cover: 02:44 - Bob's foray into real estate 05:01 - Creating a virtual assistant outsourcing business 08:57 - Building the business out of necessity, and what virtual assistant can provide help with 11:21 - How to decide which tasks to hire out 16:35 - Document everything you do so it's repeatable 18:28 - Assigned dollar values to tasks 20:57 - VAs vs EAs 24:03 - What onboarding with REVA looks like 30:19 - 5KQ1 - If you could only pick one trait that explains your success, what is that trait and why? 31:12 - 5KQ2 - What is the most uncharacteristic thing you've done in your business and why did you do it? 32:16 - 5KQ3 - Can you name any time where you felt like you were not going to end up successful? How did you overcome that fear? 34:33 - 5KQ4 - Can you name a time where something in your business went perfectly and what did you do to make that a reality? 35:35 - 5KQ5 - What have you been focusing on lately to improve yourself or your business?Connect with Bob:WebsiteEmailConnect with Dave:Schedule a callWebsiteE-mailOther ways to listen/watch:https://lnk.bio/multifamilyFollow or Subscribe:Facebook GroupLinkedInInstagramYoutubeIf you enjoyed this episode or like the show, please subscribe and leave a review! It is a huge help for just a little effort
Dec 1 2021
39 mins
164 | The Lifecycle of a Passive Investor with Dave Dubeau163 | Managing Apartments Across Multiple States Effectively with Michael Roeder
Michael's Background:Michael was a high-net-worth insurance producer for about a decade, really at the top of his game there for a fortune 500 company. He transitioned to multifamily after dabbling into single family real estate, in 2015. He is a GP in over 1400 units and that's $74 million worth of assets, and that's across five states, Texas, Minnesota, Wisconsin, Alabama, New Mexico, and that's all through his group, the Granite Towers Equity Group. He is a co-founder of that group, the PE firm there. And just a couple more things about Michael. He is the co-host of the 'Keeping It Real Estate Show', which I love that name by the way, and the author of the Four Steps To Successful Passive Investing.In this episode we cover: 04:02 - Operating/owning across multiple states 07:08 - Sizing up a PM group to fit your needs 10:47 - Divorcing a PM 14:07 - Homerun boots on the ground teams 20:57 - Remote calls on property performance 23:08 - Favorite KPIs to track a property's performance 29:12 - 5KQ1 - If you could only pick one trait that explains your success, what is that trait and why? 29:43 - 5KQ2 - What is the most uncharacteristic thing you've done in your business and why did you do it? 30:29 - 5KQ3 - Can you name any time where you felt like you were not going to end up successful? How did you overcome that fear? 31:31 - 5KQ4 - Can you name a time where something in your business went perfectly and what did you do to make that a reality? 32:46 - 5KQ5 - What have you been focusing on lately to improve yourself or your business?Connect with Michael:Mike@granitetowersequitygroup.comgranitetowersequitygroup.comConnect with Dave:Schedule a callWebsiteE-mailOther ways to listen/watch:https://lnk.bio/multifamilyFollow or Subscribe:Facebook GroupLinkedInInstagramYoutubeIf you enjoyed this episode or like the show, please subscribe and leave a review! It is a huge help for just a little effort
Nov 3 2021
34 mins
162 | Engineering Yourself To Be Successful In A Given Market with Chris Larsen
Chris' Background:Chris Larsen is the founder and Managing Partner of Next-Level IncomeChris has been investing in and managing real estate for over 20 years. He bought his first single-family rental at age 21, while completing his M.B.A. in Finance at Virginia TechHe began syndicating deals in 2016 and has been actively involved in over $400 million of real estate acquisitions.In addition to real estate, Chris has invested in equities, oil & gas, and angel investing groupsIn this episode we cover: 11:56 - Population growth and industries to target 15:08 - Digging deeper into zip codes 18:57 - Chris' change in thesis 25:45 - Chicken or egg - picking your market 30:36 - 5KQ1 - If you could only pick one trait that explains your success, what is that trait and why? 31:30 - 5KQ2 - What is the most uncharacteristic thing you've done in your business and why did you do it? 32:20 - 5KQ3 - Can you name any time where you felt like you were not going to end up successful? How did you overcome that fear? 34:03 - 5KQ4 - Can you name a time where something in your business went perfectly and what did you do to make that a reality? 35:24 - 5KQ5 - What have you been focusing on lately to improve yourself or your business?Connect with Chris:http://nextlevelincome.comchris@nextlevelincome.comConnect with Dave:Schedule a callWebsiteE-mailOther ways to listen/watch:https://lnk.bio/multifamilyFollow or Subscribe:Facebook GroupLinkedInInstagramYoutubeIf you enjoyed this episode or like the show, please subscribe and leave a review! It is a huge help for just a little effort
Oct 6 2021
37 mins
161 | Decisions That Align With Your Goals with Steve Pesavento160 | Developing A Perfect Partnership with Jenny Gou and Steven Louie
Jenny and Steve's Background:Jenny and Steve are the founders of Vertical Street Ventures where they have quickly scaled to over 1000 units under managements in less than one yearJenny has a background as a Sales Director at Proctor and Gamble for over a decade and focuses on the investor relations and asset management side of the businessSteve has a background in business consulting and focuses on acquisitions and key strategic partnershipsIn this episode we cover: 04:08 - A thousand units in 7 months 10:15 - Complementary and supplementary roles 15:51 - How to structure your meetings 21:46 - Being critical and encouraging 26:05 - Honesty, honesty, honesty 28:51 - 5KQ1 - If you could only pick one trait that explains your success, what is that trait and why? 31:07 - 5KQ2 - What is the most uncharacteristic thing you've done in your business and why did you do it? 34:06 - 5KQ3 - Can you name any time where you felt like you were not going to end up successful? How did you overcome that fear? 38:03 - 5KQ4 - Can you name a time where something in your business went perfectly and what did you do to make that a reality? 40:06 - 5KQ5 - What have you been focusing on lately to improve yourself or your business?Connect with them:Website | https://verticalstreetventures.com/Connect with Dave:Schedule a callWebsiteE-mailOther ways to listen/watch:https://lnk.bio/multifamilyFollow or Subscribe:Facebook GroupLinkedInInstagramYoutubeIf you enjoyed this episode or like the show, please subscribe and leave a review! It is a huge help for just a little effort
Sep 15 2021
44 mins
159 | Short Term Business Plans and Long Term Outlooks with Mark Khuri
Mark's Background:SMK Capital Management is a family-owned and operated real estate investment companyMark has been real estate investor for over 15 years and been involved on pretty much every facet of the deal cycleHe has been involved in over 120 properties with a combined value of over $1 billion and created and managed over 40 real estate partnerships with investorsIn this episode we cover: 02:00 - Outsized risk-adjusted returns 06:34 - Preferred exits in today's environments 12:12 - Pivoting business plans and preserving capex 14:28 - Balancing act on lease-ups 18:34 - Conversations with Limited Partners 24:09 - Three legged stool 25:32 - 5KQ1 - If you could only pick one trait that explains your success, what is that trait and why? 26:25 - 5KQ2 - What is the most uncharacteristic thing you've done in your business and why did you do it? 28:12 - 5KQ3 - Can you name any time where you felt like you were not going to end up successful? How did you overcome that fear? 31:26 - 5KQ4 - Can you name a time where something in your business went perfectly and what did you do to make that a reality? 32:48 - 5KQ5 - What have you been focusing on lately to improve yourself or your business?Connect with Mark:Website | http://smkcap.comEmail | info@smkcap.comConnect with Dave:Schedule a callWebsiteE-mailOther ways to listen/watch:https://lnk.bio/multifamilyFollow or Subscribe:Facebook GroupLinkedInInstagramYoutubeIf you enjoyed this episode or like the show, please subscribe and leave a review! It is a huge help for just a little effort
Sep 1 2021
35 mins
158 | Creating Your Edge Through Operations with Yomesh Deliwala157 | The Last 5% Is The Most Important with Josh Cantwell156 | Leveraging The Resources Of A GC To Be Competitive with Jeff Rosenfeld
Jul 19 2021
46 mins
155 | You Can't Manufacture Relationships with Jerome Myers154 | Fluency In Your Market Is the Name Of The Game with Beau Beery153 | The Push Behind Asset Management To Make A Property Successful with Sam Bates
Jun 21 2021
38 mins
152 | A Successful Pivot Into MHP with Hersh Rai and Nick Vu
Hersh and Nick's Background:Both active military in the US NavyFounders of Raivu CapitalRaiVu Capital focuses on multifamily and MHP assets throughout the southIn this episode we cover: 01:44 - RaiVu's step into MHP 05:03 - Coaching investors on the differences in MHP vs traditional multifamily 08:56 - Tenant owned vs property owned homes 11:26 - Projects Raivu is comfortable getting into 13:25 - How exit plans are thought out on any given deal 17:54 - The pain points and learning curve Nickand Hersh experienced learning MHP investing 24:52 - Future business plans and continuing great partnerships 32:18 - 5KQ1 - If you could only pick one trait that explains your success, what is that trait and why? 33:24 - 5KQ2 - What is the most uncharacteristic thing you've done in your business and why did you do it? 36:04 - 5KQ3 - Can you name any time where you felt like you were not going to end up successful? How did you overcome that fear? 39:01 - 5KQ4 - Can you name a time where something in your business went perfectly and what did you do to make that a reality? 41:39 - 5KQ5 - What have you been focusing on lately to improve yourself or your business? 31:53 - 5KQ5 - What have you been focusing on lately to improve yourself or your business?Connect with Hersh/Nick:Website | https://raivucapital.com/Email | nick@raivucapital.comLinkedIn | https://www.linkedin.com/in/nicholasvuEmail | hersh@raivucapital.comLinkedIn | https://www.linkedin.com/in/hershrai/Connect with Dave:Schedule a callWebsiteE-mailOther ways to listen/watch:https://lnk.bio/multifamilyFollow or Subscribe:Facebook GroupLinkedInInstagramYoutubeIf you enjoyed this episode or like the show, please subscribe and leave a review! It is a huge help for just a little effort
Jun 14 2021
44 mins
151 | Understand Why There Are Laws Around Capital Raising with Gene Trowbridge
May 17 2021
35 mins
150 | Applying Bigger Efficiencies To Smaller Scales with Kent Ritter
Kent's Background:Kent is the managing director and partner at the firm Birge & Held, a vertically integrated multifamily private equity firm based in Indianapolis IN. They are one of the top apartment owners in the country with 15,000+ unitsKent focuses on mid-size multifamily deals in secondary and tertiary markets for the teamIn this episode we cover: 00:03:03 Targeting under 100 units 00:07:03 Match investors' goals with the right deal type 00:10:57 Overcoming operational inefficiencies 00:16:44 More about PropTech 00:19:56 Important metrics in secondary/tertiary markets 00:22:27 Don't risk capital you don't need to 00:27:22 5KQ1 - If you could only pick one trait that explains your success, what is that trait and why? 00:28:24 5KQ2 - What is the most uncharacteristic thing you've done in your business and why did you do it? 00:28:59 5KQ3 - Can you name any time where you felt like you were not going to end up successful? How did you overcome that fear? 00:31:31 5KQ4 - Can you name a time where something in your business went perfectly and what did you do to make that a reality? 00:35:00 5KQ5 - What have you been focusing on lately to improve yourself or your business?Connect with Kent:WebsitePodcastBigger PocketsLinkedInConnect with Dave:Schedule a callWebsiteE-mailOther ways to listen/watch:https://lnk.bio/multifamilyFollow or Subscribe:Facebook GroupLinkedInInstagramYoutubeIf you enjoyed this episode or like the show, please subscribe and leave a review! It is a huge help for just a little effort
May 10 2021
38 mins

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