Mike is a business partner at Next Gen Ag, an agriculture consulting firm specializing in farm transition and legacy planning. He and his wife are also the founders of Farm Raise Capital,  an investment platform for professionals and the Ag community. Mike started investing in the late 2000s in single-family and small multifamily and later transitioned to passive syndication investments. He has 3500 units across the US between self-storage and multifamily, and as of late, he has been a general partner in 174 multifamily units in Florida and Texas.  During this episode, you will learn about;[00:28] Episode intro and a quick bio of the guest; Mike Downey [01:30] Mike’s background and how he got into the real estate game  [05:34] Mike’s learning curve from the beginning to real estate syndications[9:11] Limited partnership and how Mike advocates that in multifamily and self-storage[12:34] How Mike handles people investing passively in their syndication deals [16:27] The opportunity that Mike created that allowed him to leave his W2 job [18:30] How Mike runs his family farm transition planning firm and multifamily business  [20:09] Leveraging the equity in family farms and getting into the cash flow[23:34] The tax bills and benefits and how you can leap from them [25:37] What inspired Mike to do business in the farm and real estate spaces[22:38] Rapid Fire Round[35:01] How to reach out, connect and learn more about Mike Notable Quotes ●      There is risk in everything and every investment, but as a limited or a general partner, you are leveraging the expertise of others instead of putting everything on your shoulders. [07:33]●      “If you don’t make a decision and a career change by the time you’re 40 or 45 years old, you will probably never do it.”  [19:35]●      The pursuit of a goal is better than actually getting there; try to have a list of the next thing. [30:29]●      To make a decision to grow, look at it as a 2 to 3 years commitment that you have to grid through and be driven.  [33:01] Resources MentionedMike AHA moment one page read: http://whatwealthmean.com/Connect With Mike DowneyCompany Website: https://www.nextgenag.us/LinkedIn: https://uk.linkedin.com/in/mike-downey-ba6a9410 *****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! 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 have helped them achieve their success so far.

Stuart Keller is the Senior Vice President of Investor Relations at Lloyd Jones, a global real estate investment firm with subsidiaries in development, construction, and senior living operations. Its focus is senior housing, multifamily, and, most recently, the hospitality industry.Stuart brings his fifteen years of experience in operational leadership, asset management, and financial analysis to the firm's syndication division. This division allows accredited investors to participate in institutional quality real estate ownership. Most recently, Stuart led the firm's asset management division, overseeing more than $500m in acquisitions, dispositions, and the financial stewardship of the firm's portfolio of 5,500 units throughout the United States.This episode:[00:30] Episode intro and a quick bio of the guest; Stuart Keller[01:23] Current real estate market sentiments and where the market may be going[05:10] What Stuart speculates about multifamily cap rate compression[07:00] The demographic shift caused by Covid 19 and why we must be paying attention[08:20] How Stuart has been doing to better the senior living space[11:51] His group’s process in evaluating the risk-to-reward opportunities before investing [15:42] How Stuart and his team have been sourcing their deals[18:11] How the company used to source deals earlier on[20:53] Ensuring an investment follows the right route despite the prevailing cap rates[24:16] Stuart’s advice when investing in the senior living space[26:55] Golden takeaway nuggets for investors in this nicheNotable Quotes ●The most successful real estate investors have mastered the secret of focusing on a niche, whether based on the location or the process of finding deals. [15:20]●Once you map out your real estate investing niche, hire market experts with the knowledge you do not have. They will shorten your success route and help you scale faster. [17:06]●Your successful investing approach should factor in what your competitors are also doing. [20:58]●The biggest distinction that you will get from multifamily to senior living space is that you will get a 20% turnover. In multifamily, the leases you get will be few and dependent on the cost of the lease. [24:40]● Where senior living is today is where multifamily was ten years ago. [27:21] Resources MentionedThe E-myth Book Series by Michael Gerber: https://www.amazon.com/Michael-E-Gerber/e/B001I9OR5G/Connect With Stuart KellerCompany’s Website: https://lloydjonesllc.com/investment/LinkedIn: https://www.linkedin.com/in/stuart-keller-cam-27547b37/Email: skeller@lloydjonesllc.com *****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! 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 have helped them achieve their success so far.

Real estate investors need to manage their portfolios well in order to maximize their benefits. This means identifying declining properties, reviewing the expenses, and comparing them with the returns for new properties. Investors must also find a way to identify the properties that are worth holding onto long-term and those that can be sold to generate profit. One of the investment tools to scale up your investments is the 1031 exchange. A 1031 exchange is a tax deferment program that allows an investor to sell certain properties without paying taxes on any profit at the time of sale and then reinvest those proceeds in other properties as long as they have invested the money into similar types. Join this conversation with Alex Olson and learn more about this investing tool.Alex is a Senior Real Estate Broker for 1031 Exchange Buyers looking for Off Market Multifamily and NNN Investments. He helps clients identify and close real estate transactions in the Kansas City market, St Louis Market, and the states of Kansas and Missouri. If you are participating in a 1031 exchange or are ready to buy in the KC, STL, MO, or KS, Alex would love to speak to you. Similarly, you will enjoy learning about your real estate goals with your existing apartment buildings and how we can improve your financial position in your real estate investments.During this episode, you will learn about:[00:32] Episode intro and a quick bio of the guest; Alex Olson[01:28] Alex’s backstory on how he got started in commercial real estate investing[03:50] Real estate experiences that motivated him to focus on 1031 Exchange [06:46] Current real estate market sediments and what you need to know before investing[10:53] Why 1031 exchange is less market dependent and its benefits[12:56] Reasons why most people chose the 1031 exchange[18:31] Understanding the rules of the game and how Alex helps investors navigate that[21:42] Preparation criteria that Alex looks for before helping a client start the 1031 process [25:38] The two main requirements you have to meet to qualify for a 1031 exchange[27:36] Rapid Fire Round[34:38] How to reach out and connect with Alex Notable Quotes Despite all the noise in the media about real estate, the changes don’t happen overnight. [06:55]The hardest part for people to understand is that as much as interest rates matter in investing, they don’t actually matter. What matters is whether the numbers, as a whole, make sense to you. [07:43]Prior preparation is the key to success in 1031 exchanges. The time gap is always short when you start the process. [21:15]In a 1031 exchange, there are certain requirements that you have to meet. One is that you should have a qualified intermediary. Two, the sale proceeds from the property should be stored in an escrow account that you do not have access to. [25:40]The best advice for anyone who wants to join the 1031 exchange is to use people that have done them successfully in the past. Also, be as proactive as you can in the front end so that you can have a lot of time in the back end to close that deal. [27:12]Connect With Alex OlsonCompany’s Website: https://xchangecre.com/LinkedIn: https://www.linkedin.com/in/aolson/ *****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! 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 have helped them achieve their success so far.

Targeting a positive cash flow in a self-storage space is more work than just targeting a deal. You have to look at the ratio of the rent to cost spaces, the quality of the product you are buying, site conditions, the configuration of the building, and replacement cost. The way to survive in your business is cash flow. Cashflow is the key to success in your business. It gets you through the downturn. It pays your operating expenses and your distributions to your investors. Being cash-flow-focused will help you build your financial empire in real estate. In this episode, Jacob Vanderslice will teach you how to cut costs, put a good product out there, and build a cashflow-positive self-storage business Jacob is the Principal at VanWest Partners, a Denver-based real estate firm, focusing on the acquisition and management of self-storage centers across the United States. They are established and have a track record of currently $195 million in real estate assets. VanWest Partners are driven by the commitment to delivering executed and adaptable strategies with an institutional investment approach. Their goal was to build their brand and drive quality conversations that create more opportunities and gain.During this episode:[00:28] Episode intro and a quick bio of the guest; Jacob Vanderslice[01:31] Being agile and adaptable to scale and remain competitive as a small business[05:05] A $33 million deal that had an iteration process and the lessons that they learned [07:12] Jacob’s bet for the economy and its impact on the self-storage space [10:16] How to shift your business plan to protect your cash flow from economic downsides[12:31] VanWest’s third self-storage investment fund and their developments[14:17] Jacob’s advantages in the development market and how they find deals [16:01] The risk between building versus buying an existing storage investment [18:27] VanWest development projects and how they are scaling their efforts  [20:16] VanWest investors and the deals they are putting out there for them[23:48] VanWest focus to grow and scale their portfolio in the next few yearsNotable Quotes Being agile and being adaptive services well in real estate. [01:32]The model will tell you whatever you want it to tell you; You can lower the revenue and the cap rate, but you’ve to believe what the model is telling you and be committed to executing what it says you need to execute.  [06:09]As long as we’re growing revenue and the operating income, and hitting our business plan with every deal we buy, the rest of the elements in the real estate equation will take care of themselves. [09:05]Cashflow is king; net worth is not what matters; it’s your recurrent revenue streams that will allow you to survive.  [10:23]Leverage doesn’t make bad deals good, it makes a good deal better, but if the amount is too high and you can’t service the debt, you get a problem [12:02]Every real estate business needs three things, deal flow, capital and operation, and they go hand in hand.  [25:03]Connect With JacobCompany Website: https://www.vanwestpartners.com/teamLinkedIn: https://www.linkedin.com/in/jacob-vanderslice-02905b16b/ *****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! 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 have helped them achieve their success so far.

Responsible investments are essential to a long-term financial strategy. Investors need to understand the basics of finance and investing before attempting to make real estate investments. This can be achieved by getting involved in education, learning how to pick the right investment options, and understanding what makes up a successful investment portfolio. This episode with Whitney Elkins-Hutten will help you learn how to spot great opportunities and avoid bad ones while creating a successful plan.Whitney is a real estate investor and personal finance trainer whose vision is to help thousands of families on their path toward financial independence. After purchasing her first rental in 2002, hitting a home run, then nearly losing it all on her second deal, Whitney took control and figured out how to invest in real estate the right way. She realized that success must leave clues. So, she studied and used her research,  business operations, and training skills and replicated the very personal finance and wealth creation strategies to create financial freedom. Today, Whitney is a partner in $900M+ of real estate assets, including 6,500+ residential units and 1,400+ self-storage units, and flipping over $3M in residential real estate.Tune in!  During this episode, you will learn about:[00:28] Episode intro and a quick bio of the guest; Whitney Elkins-Hutten[01:25] Her role as the director of investor education at Passive Investing Company[03:25] The 80% of what she does to get people into investing[07:17] Bridging the gap between reaching investors online & creating physical trust[12:57] The experiences as an educator that necessitated her mode of operation[14:51] Preparing investors for a diversified real estate investment[20:45] Approaches they are taking to educate investors on the investment trends[23:25] The modes of offering education[24:50] How Whitney balances her role of investor education with personal and family life[27:24] Rapid Fire Round[32:01] Wrap up and call to actionConnect With Whitney Elkins-HuttenCompany Website: https://www.passiveinvesting.com/whitney/Website: https://ashwealth.com/LinkedIn: https://www.linkedin.com/in/whitneyelkinshutten/About the Show   *****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! 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 have helped them achieve their success so far.Please consider leaving a review and sharing it with your friends and family, and follow us on Facebook! *****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! 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 have helped them achieve their success so far.

Self-storage facilities have become an increasingly popular option for many businesses, but not everyone knows the basics of what to do before taking the plunge. Systems can help you understand how to get started and also which services you need in order to make your business successful. Join this conversation with Sean Graham and learn from his experience.Sean is the founder, owner, and operator of Maven Equities and Maven Storage. He is an entrepreneur and investor who focuses on real estate opportunities. Sean manages his own portfolio of residential rental properties while also investing in and developing self-storage facilities. Sean is a licensed CPA with a background in public accounting and private equity.Tune in!  During this episode, you will learn about:[00:34] Episode intro and a quick bio of the guest; Sean Graham[01:13] Sean’s backstory of how he got to where he is today[02:03] Why Sean decided to move from residential investment to self-storage[04:59] How he came to be a full-time real estate investor[07:08] Systems he has put in place to get self-storage deals in Michigan[09:11] The metrics to check before building self-storage facilities[14:19] The journey of finding a VA and training them to his specifications[18:10] Continuous refresher of VAs when there seems to be a deviation[21:22] How it feels like to detach himself from the business and focus on other things[28:11] 5 Key Questions[40:58] Wrap up and how you can reach out and connect with SeanNotable Quotes In commercial real estate, you have more control over the value of your assets. [02:31]Passion leads to knowledge, and applied knowledge leads to confidence and positive results. [05:34]You can force deals, but they will come to backfire on your face. [26:03]Your mindset creates your reality. The more you surround yourself with positivity; the brighter your future will be. [37:36]Resources MentionedSelf Storage Income Podcast hosted by AJ Osborne: https://www.selfstorageincome.com/podcastBigger Pockets Podcast: https://www.biggerpockets.com/Connect With Sean GrahamWebsite: https://www.mavenstorage.com/Company Website: https://www.mavenequities.com/LinkedIn: https://www.linkedin.com/in/sean-graham-cpa-5b3a5443/Email: sean@mavenstorage.comAbout the Show   *****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! 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 have helped them achieve their success so far.Please consider leaving a review and sharing it with your friends and family, and follow us on Facebook! *****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! 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 have helped them achieve their success so far.

Join the conversation with Brandon Hicks as he shares the strategy he has been using to find success in real estate. Brandon is the founder of Ridgeline Wealth Group, which focuses on purchasing self-storage facilities that meet specific property and market criteria. The company adds value by renovating the property and introducing automation to improve the customer experience.Brandon began his real estate investing journey in 2020, making several investments in his first year. He is a limited partner in 203 doors with multifamily and a general partner in a 58k sqft self-storage facility. As a problem solver at heart, Brandon has a bachelor’s degree in mechanical engineering and has worked in the Consumer Electronics industry for over 8 years, specializing in new product development. He brings this passion for solving problems into real estate, focusing on acquiring off-market self-storage facilities. Brandon lives in Massachusetts with his wife, Shelby, and their dog, Harper.Tune in to this conversation, and let’s get the insights!  During this episode, you will learn about;[02:37] Episode intro and a quick bio of the guest; Brandon Hicks[03:26] Brandon’s backstory of how he got into where he is today[06:44] The 80/20 rule in your skill sets[07:55] Brandon’s off-market strategy for his self-storage deals [13:01] The 5-month logic before calling a deal off[14:17] How he was sourcing his leads[16:44] The conversion rate of this strategy[17:53] Persistence and how long it takes to close a deal with clients[25:07] The extent of the tasks by his VA[30:44] Challenges and lessons he has learned from phone call interactions with the clients[35:23] Rapid Fire Round[46:46] Wrap up and how you can reach out and connect with BrandonResources MentionedTurning Pro by Steven Pressfield: https://www.amazon.com/gp/product/B0087TUM54/Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones by James Clear: https://www.amazon.com/gp/product/B07D23CFGR/Connect With Brandon HicksWebsite: https://www.ridgelinewealthgroup.com/Instagram: https://www.instagram.com/realbhicks/About the Show   *****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! 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 have helped them achieve their success so far.Please consider leaving a review and sharing it with your friends and family and follow us on Facebook! *****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! 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 have helped them achieve their success so far.

Join the conversation with Mike Morawski as he shares the lessons he has learned from more than thirty years of real estate investing. Michael “Mike” Morawski is the founder & CEO of My Core Intentions and a 30+ year real estate investment veteran. He has controlled over $285,000,000 in real estate transactions.  Mike is also an entrepreneur, author, real estate trainer, public speaker, and personal coach with strong personal resilience and a deep desire to help others live extraordinary lives. He has coached hundreds of real estate investors to fulfill their dreams.   During this episode, you will learn about[00:28] Episode intro and a quick bio of the guest; Mike Morawski[01:23] Mike’s backstory of how he got into what he does in his space[05:35] What he attributes to his quick success in real estate[07:32] How the changing market in 2005 created a need for accelerated strategies[11:07] Safety nets and key metrics for a successful real estate venture[12:25] Mike’s poor decisions that led to a 10-year federal prison sentence  [13:00] The defining moment in prison[16:31] The experiences Mike got in real estate coaching while serving his term in prison[18:44] Reinforcements and motivations he had to utilize to keep him going[20:55] The investment lesson that Mike will teach forever[22:10] Getting the momentum of a support system that stood with him to rebuild an empire[24:31] Why Mike accepted the responsibility for the failures of the business as a leader[25:46] Book recommendations from Mike[30:05] 5 Key Questions[37:22] How you can reach out and connect with MikeNotable Quotes You should not do a real estate deal until you are at 65% to 75% LTV in that deal. Markets change uncertainly, and you should be able to easily pay your bills when such changes occur. [10:04]Life is a marathon, not a sprint. [11:12]We all have defining moments in our lives at different seasons. At that moment could be in jail. [13:00]Life is all about choices. You can either choose to let time “do you, or you can do the time.” [19:00] If you can personally improve yourself by just 1% every day, by the end of the year, you will have improved 365%. [19:41] Be conservative and humble in both your interactions and actions. [21:30] It’s easy to build and grow something if you already have some momentum behind you. A healthy support system. [22:34] What distinguishes people from the hurdles of life is how they perceive them and act after the fall. [23:34]Mike’s Book and Other Resources MentionedExit Plan- Your Complete Guide to MultiFamily Investing and Why you need an Exit Plan before you Buy: https://www.amazon.com/gp/product/1952471206/The Winner Within- A Life Plan for Team Players by Pat Riley:  https://www.amazon.com/gp/product/0399138390/Journal of Business Ethics: https://mycoreintentions.com/wp-content/uploads/2020/12/MFV17.pdfSteve Jobs Biography by Walter Isaacson: https://www.amazon.com/gp/product/B004W2UBYW/Colin Powell Biography: *****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! 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 have helped them achieve their success so far.

Join the conversation with Rod Khleif as he shares some proven steps to achieve the success of your dreams. He also shares success tips from his lessons learned from real estate investing. Rod Khleif is a seasoned and passionate real estate investor who has personally owned and managed over 2000 apartments and homes. He has combined his passion for real estate investing with his personal philosophies of self-actualization, goal setting, envisioning, and manifesting success to become one of America’s top real estate investment professionals.He hosts “The Lifetime Cash Flow through Real Estate Podcast,” where he grants you access to expert real estate investors, syndicators, lenders, property managers, and advisors. These experts share their stories, tips, and advice on how they successfully built their businesses and fortunes through multi-family real estate investing. Tune in to this conversation, and let’s get the insights!  During this episode, you will learn about;[00:42] Episode intro and a quick bio of the guest; Rod Khleif[01:10] Rod’s backstory of how he got into multifamily investing[06:13] The process of getting what you want in life[18:05] Do you have a burning desire for what you want? [18:42] Getting rid of the limiting beliefs[25:32] Focusing on your goals through meditation[27:36] Be careful with your closest people[28:49] Rapid Fire Round[38:05] Wrap up and how you can reach out and connect with RodNotable Quotes You must be clear with what you want and why you want it. The mental stage is where most battles are won. [06:19]Getting your goals and ideas out of your head and writing them down on paper is important. If they are in your head, they are dead. [07:30]Sadly, people spend more time planning birthday parties than their lives. [11:42]You need the goals, but the WHY is the driver.” [12:36]In your journey to destiny, you must have that burning desire to push through fear and other limiting beliefs. [18:27] “Take the first step in faith. You don't have to see the whole staircase. Just take the first step.”—Martin Luther King Jr.  [25:05]You're the average of the five people you spend the most time with. [27:39]The most successful people in the world are the ones that add value. [29:53]Rod’s Book and Other Resources MentionedHow to Create Lifetime CashFlow Through Multifamily Properties: The New Rules of Real Estate Investing: https://www.amazon.com/gp/product/B07RV5ZRQV/Top Five Regrets of the Dying: A Life Transformed by the Dearly Departing by Bronnie Ware: https://www.amazon.com/gp/product/B07KNRLY1L/Connect With Rod KhleifWebsite: https://rodkhleif.com/Instagram: https://www.instagram.com/mike.morawski.54/LinkedIn: https://www.linkedin.com/in/rodkhleif/Linktr.ee: https://linktr.ee/rodkhleifYouTube: *****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! 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 have helped them achieve their success so far.

Brandon's Background:Brandon is the owner and partner of HBG Capital, a vertically integrated real estate firm providing investors with superior risk-adjusted returns and downside principal protection backed by real assets in the residential single-family construction sector in Middle TN, and Commercial Multifamily Acquisitions in the southeast. HBG Capital’s construction arm – HBG Construction, executes ground-up new developments, land development, and residential property rehabilitation in Middle TN. Brandon was a former sports medicine medical device sales rep before becoming a licensed GC in TN managing $16 Million+ of new development annually and active ownership in $33 million in commercial real estate. He was featured on the cover of REI Wealth magazine, Realty 411 Magazine, and has been quoted and published in Forbes magazine.In this episode we cover:3:30 Front of mind in your network4:52 Brandon’s investor and deal workflows 9:19 Assessing a person’s character 11:09 Where Brandon will partner in the deal process14:48 Working with and waiting on investors that aren’t ready20:22 Recession resistant investing25:20 5 Key QuestionsConnect with Brandon:https://www.hbgcapital.net/Connect with Dave:Schedule a callWebsiteE-mailOther ways to listen/watch:drum.io/daveFollow 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 *****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! 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 have helped them achieve their success so far.

Stefan's Background:Stefan Tsvetkov is the Founder of RealtyQuant (www.realtyquant.com), a company that brings data-driven and quantitative techniques to the real estate industry. On a mission to add massive industry value through education, investment, technology, and analytics. Financial engineer turned multifamily investor, analytics speaker, and live webinar host. He holds a Master's degree in Financial Engineering from Columbia University, and during his finance career managed ~$90 billion derivatives portfolio jointly with colleagues.In this episode we cover:05:57 Short Term and Long Term Market Data08:37 Recession odds12:06 Impacts to different market types16:32 Investing locally with macro data21:00 Affordability24:54 Market profiles Stefan targets33:25 5 Key QuestionsConnect with Stefan:https://www.realtyquant.com/Connect with Dave:Schedule a callWebsiteE-mailOther ways to listen/watch:drum.io/daveFollow 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 *****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! 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 have helped them achieve their success so far.

Chris' Background:Founder/CEO of Evolve EquityChris personally has over a decade's worth of experience in real estate with his background before that as a Production Manager in aerospace, where he has another decade of experienceHim and his wife Chelsey, who heads investor relations for the team, live in AZ and focus their investing in AZ, with their latest deal in PhoenixIn this episode we cover:01:52 Building out deal funnels08:51 Assumptions on exit caps14:09 Supplementing data18:39 Expenses are more historical22:34 Leverage external partners30:20 5 Key QuestionsConnect with Chris:chris@evolveequity.comhttps://evolveequity.com/Connect with Dave:Schedule a callWebsiteE-mailOther ways to listen/watch:drum.io/daveFollow 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 *****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! 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 have helped them achieve their success so far.

Scott's Background:Scott is a Chicago native whose career began in 1991 by pursuing his Masters of Architecture from the Illinois Institute of Technology.Fast forward to 2012, Scott founded Coda Management Group – a firm who specializes in managing real estate assets. Since its inception, Coda manages a wide range of real estate including single and multi-family homes, retail, commercial warehouse, self- storage and multi-use flex athletic spaces. Currently, their investments total over $55 million.Scott has authored High Performance Homes – Navigating the Green Road to Your Dream Home, a book for homeowner’s seeking to incorporate green technology into their home.In this episode we cover:03:02 Scott's Transition into RE08:52 Good investment metrics for Self Storage14:08 All in costs and risk/reward20:22 Biggest hedge on a proforma23:00 Staying focused on economies of scale26:00 5 Key QuestionsConnect with Scott:https://www.codamg.com/EmailConnect with Dave:Schedule a callWebsiteE-mailOther ways to listen/watch:drum.io/daveFollow 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 *****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! 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 have helped them achieve their success so far.

Paul's Background:Paul Hassebroek founded Six Four in 2019 after a successful career in the financial advisory and family office field. During the past 10 years, Paul has been through due diligence on dozens of private equity and real estate projects and successfully fundraised $25,000,000 from investors to acquire or build over $85,590,000 of projects.Paul’s personal mission statement is to be a “catalyst for growth.” A natural networker and people connecter, Paul loves helping investors identify real estate investments that help them achieve their goals. He also consults with and mentors others who are getting into real estate investing full-time.An accomplished and results-driven asset manager, Paul has over 16 years of experience in real estate, finance, and operations. He has strong qualifications in developing and implementing financial controls and processes in addition to productivity improvements and change management.In this episode we cover:01:25 Paul's Personal Statement05:08 Current Team Structure09:55 Conditioning investors to invest in certain assets14:16 Onboarding new investors17:36 Focus in Florida markets22:14 Building strategic relationships26:21 Institutional investors vs retail investors31:11 5 Key QuestionsConnect with Paul:PaulHassebroek.comSixFourConnect with Dave:Schedule a callWebsiteE-mailOther ways to listen/watch:drum.io/daveFollow 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 *****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! 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 have helped them achieve their success so far.

Patrick's Background:Patrick has fifteen years of experience in active real estate investment: purchasing distressed assets, renovating, and stabilizing for long term cashflow. His portfolio includes controlling ownership over 2729 units in the emerging markets across Texas and the South Eastern United States.In addition to his real estate experience, Patrick holds a Bachelor of Science in Mechanical Engineering from University of the Pacific, and a Master of Business Administration and a Master of Science in Engineering from San Jose State University. He has spent 15 years in corporate America working for machine design firms to concept, design, and build one-of-a-kind custom manufacturing automation and robotic systems. In addition to working closely with the technical engineering teams, he travels globally working to negotiate contracts and secure multi-million dollar investment for automation programs. He has been able to leverage his corporate experience and real estate knowledge to help pave the way for future success.In this episode we cover:02:19 Patrick's Background09:28 1031's and TIC (tenant in common) structures16:58 Older legal structures and syndications22:32 Closing timelines with a 103130:05 Making sure you have the right terms (on the buy or sale)33:21 5 Key QuestionsConnect with Patrick:Websitepatrick@investonmainstreet.comConnect with Dave:Schedule a callWebsiteE-mailOther ways to listen/watch:drum.io/daveFollow 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 *****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! 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 have helped them achieve their success so far.

Ryan and Warren's Backgrounds:Ryan is a NHBA award winning home builder, experienced real estate professional, and entrepreneur. Ryan is the founder of Equity Yield LLC. and has over a decade of experience owning an operating a Midwest based construction, and development company, with a wide range of project experience managing new construction, and value add multifamily projects.Warren has 20 years’ experience in finance, insurance and real estate in the USA, UK and Australia, with a focus on deal management, deal execution and project management. He began investing in real estate in 2010 and has experience in both Single-Family Homes and Multifamily Apartments. He is currently invested in over 2,000 units across the South-East and Midwest.In this episode we cover: 04:53 - Targeted Returns 07:31 - Division of tasks between partners 10:26 - Getting the work done correctly using RFPs 12:52 - Capital stacks and leverage constraints 18:13 - Deal flow KPIs 29:15 - 5 Key QuestionsConnect with Ryan and Warren:WebsiteConnect with Dave:Schedule a callWebsiteE-mailOther ways to listen/watch:drum.io/daveFollow 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 *****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! 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 have helped them achieve their success so far.

Pasha's Background:Starting his career in real estate in 2011, flipping homes found at auctions, Pasha has since been involved in over $125 million in transactions across multiple asset types. These include residential homes, boutique motels, the purchasing and management of large multifamily properties, and working with housing programs in vulnerable communities.In early 2021, Pasha founded Evoke Capital with the primary objective of helping others achieve financial freedom through real estate investing. His lifelong philosophy is what drives Evoke Capital to excellence – People First. Treating each investment as his own and each tenant as family, Pasha has developed Evoke Capital within nine months to include a portfolio of over 300 units, a mobile home park, and an additional 197 lots under contract.In this episode we cover:01:53 Pasha's Background06:22 Investing and the education system14:13 Low income opportunities that aren't LIHTC19:44 Stepping into syndication25:19 Having Multiple Coaches30:56 5 Key QuestionsConnect with Pasha:WebsiteLinkedInConnect with Dave:Schedule a callWebsiteE-mailOther ways to listen/watch:drum.io/daveFollow 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 *****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! 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 have helped them achieve their success so far.

Eric/Nick's Background:Nick is the co-founder and managing principal of Winterspring Capital and has over a decade of experience in all phases of commercial real estate, including asset management, sales, new construction development, and property management. While building his own portfolio, he has also guided many investors down the path of multifamily investment, management, or development. He is an expert on underwriting and asset management in the multifamily space and also the author of the top-rated book “Making Millions through Multi-Family Development.”Eric DiNicola, co-founder and managing principal, has a strong financial background spanning over a decade. Eric understands the importance of investment diversification.  He began working in public equity in 2010 and moved into the private equity markets where he worked on valuations and capital raising.  Joining forces with Nick in 2015, he leveraged his investment experience and expertise to accelerate the growth of our real estate business.   Heading up our acquisitions team, Eric leans on his extensive broker network to keep our deal pipeline full.In this episode we cover:04:43 Opportunistic Investing08:29 Understanding Submarkets within a MSA12:26 Getting buy in from the city and locals18:26 Buy and hold structuring22:11 Lump sum preferred return33:02 Patience involved in investing in Boston36:00 5 Key Questions46:59 OutroConnect with Eric/Nick:WebsiteInstagramLinkedIn (Eric)LinkedIn (Nick)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 *****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! 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 have helped them achieve their success so far.

Erik's Background:Managing Director of Cost Segregation Authority, providing services since 2006Prior to joining Cost Segregation Authority, Erik was an OperationsManager for a multi-million dollar landscaping and design firm in LongIsland, NY. Since heading west and joining Cost Segregation Authority, Erik has been speaking at local, regional, and national events. He brings with him a passion for identifying cost savings and educating commercial real estate owners on the benefits of cost segregation.In this episode we cover: 02:04 - Explanation of Cost Segregation 06:04 - An Example 15:22 - The process to evaluate the assets 21:44 - The importance of a good CPA 29:23 - Can you be aggressive in the valuation? 33:25 - 5KQ1 - If you could only pick one trait that explains your success, what is that trait and why? 34:59 - 5KQ2 - What is the most uncharacteristic thing you've done in your business and why did you do it? 37:43 - 5KQ3 - Can you name any time where you felt like you were not going to end up successful? How did you overcome that fear? 41:27 - 5KQ4 - Can you name a time where something in your business went perfectly and what did you do to make that a reality? 43:15 - 5KQ5 - What have you been focusing on lately to improve yourself or your business?Connect with Erik:WebsiteConnect 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 *****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! 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 have helped them achieve their success so far.

Divine's Background:Divine owns a Website Copywriting business focused on helping real estate investors connect and gain visibility through their sitesIn this episode we cover: 04:11 - Divine's Investor Only Niche In Copywriting 05:24 - Easy, quick fixes you can make to your website 08:02 - Determine Your Target Audience 14:00 - CTAs and Visitor Experience 18:42 - Some Common Fixes 21:35 - Unique Selling Points 26:00 - 5KQ1 - If you could only pick one trait that explains your success, what is that trait and why? 27:38 - 5KQ2 - What is the most uncharacteristic thing you've done in your business and why did you do it? 28:16 - 5KQ3 - Can you name any time where you felt like you were not going to end up successful? How did you overcome that fear? 29:54 - 5KQ4 - Can you name a time where something in your business went perfectly and what did you do to make that a reality? 32:04 - 5KQ5 - What have you been focusing on lately to improve yourself or your business?Connect with Divine:https://www.divinewritingagency.com/InstagramConnect 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 *****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! 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 have helped them achieve their success so far.