How Did They Do It? Real Estate

Seyla and Aileen Prak

Seyla and Aileen Prak from Bonavest Capital interview top experts in the Real Estate business on their journey and how they’ve been able to achieve massive success. Whether you are an active investor or passive investor, we hope to provide valuable resources to you to use in your own real estate investing journey in order take massive action to build true wealth and achieve the lifestyle and happiness you dream of. Our guests will share their real estate investing stories, how they got started with real estate investing, lessons they’ve learned, how real investing has impacted their lives, how they’ve been able to scale their business, and what tools and resources they use. To find out more about us, please visit our website: www.bonavestcapital.com

read less
BusinessBusiness
EducationEducation
EntrepreneurshipEntrepreneurship
InvestingInvesting

Episodes

SA980 | Reap the Advantages of Building NEW Multifamily Residentials with Roger Luri
2d ago
SA980 | Reap the Advantages of Building NEW Multifamily Residentials with Roger Luri
We’re thrilled to have Roger Luri back on the show with his extensive expertise in building multifamily housing and mixed-use development projects!Today, Roger shares their current focus market, his advice for new investors and developers, what his book and coaching program offers, and his perspectives on what’s going on in the market and economy today!Key Points & Relevant TopicsThe difference between buying an existing and building a new multifamilyRoger’s advice on successfully building a new multifamily Insights on the current banking system, economy situation, and housing marketWhat to consider when choosing a market for new multifamily constructionRoger’s motivation behind writing his book “Don’t Buy Multifamily! BUILD IT”What limited partners can expect in a new development dealThe future of the real estate market in the coming yearsResources & LinksRoger’s first episode: SA458 | Shifting Your Perspective on Multifamily and Real Estate DevelopmentRoger’s book: Don’t Buy Multifamily! BUILD ITApartment Syndication Due Diligence Checklist for Passive InvestorAbout Roger LuriRoger has developed and built over $30MM in new construction residential and mixed-use properties in the Chicago market. His new book “Don’t Buy Multifamily! BUILD IT” tells you how it’s done and why it’s one of the most rewarding ways for investors to build wealth, year after year. “Growing up in Chicago, he was always fascinated by architecture.After a career in commodities & securities at the Chicago Merc in the 1980s, he started out in real estate in 1987 putting together limited partnerships for historical tax credit rehabs in Chicago’s Buena Park neighborhood.Through the early 90’s, he focused on marketing condo conversion projects on Chicago’s North Side and in 1994 he developed and built his first new construction 6 unit condo project in Buena Park. In the late 90’s and through the 2000’s, his companies focused on architectural design, development, construction and marketing of great condo projects and a large luxury single-family homes in Old Town, Buck Town, Lincoln Park and the Gold Coast as well as the Portico Townhome Project in the West Loop.During this time from 2005-2010, he also served as a Director and Head of the Real Estate Committee on the board of Ravenswood Bank in Chicago’s Lincoln Square.Serving on the loan committee of a community bank specializing in construction lending during the development heydays of the early 2000’s and credit crunch of 2008-2010 afforded a unique perspective and many lessons about risk and risk mitigation. He learned in the trenches, which deals are likely to run into troubles and which will stay strong if the market hits a rough patch.With extensive experience in multifamily residential and mixed use development through several market cycles, he’s now focused on growing his private equity real estate firm. They partner with accredited LP investors. Their focus is to develop and build a portfolio of prime residential and mixed use properties.Get in Touch with RogerWebsite: https://ld2development.com/ To Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
SA979 | The Opportunity From Mobile Homes Parks’ Shrinking Supply and Rising Demand with Jason Postill
3d ago
SA979 | The Opportunity From Mobile Homes Parks’ Shrinking Supply and Rising Demand with Jason Postill
Want to know more about a lucrative asset class in today’s market? In this episode, we’re featuring Tyler’s business partner on the show, Jason Postill!This time, Jason highlights finding opportunities in the thriving mobile home park space, the criteria for choosing the right location for this asset class, and more from our mobile home expert today!Key Points & Relevant TopicsThings that changed Jason’s perception about real estate investingHow Jason selected the investment market for his first dealSelf-managing mobile home parksWhat attracted Jason to choose the mobile home park despite its current status in the marketHow to create cash flow opportunities from mobile home parksFactors to consider when looking for the right market for mobile home parksThe freedom real estate could offer investorsThe importance of picking your lane, being good at it, and staying consistentResources & LinksThe ONE Thing by Gary Keller and Jay PapasanEpisode with Tyler Lekas: SA977 | Invest in Large Mobile Home Park Communities and DealsApartment Syndication Due Diligence Checklist for Passive InvestorAbout Jason PostillJason Postill got started in Real Estate after ending his professional baseball career in 2015 and joining a Publicly traded Real Estate investment firm that transacts $46B+ annually. Jason acquired assets and disposed of commercial properties in the multifamily and apartment sector for investors spread throughout various major U.S. metros.He then started a full-service commercial brokerage in 2019 specializing in multifamily throughout the Southeast before partnering up with Tyler and forming MHCI Group which is now the largest private owner of mobile home communities in Arkansas.Jason has a business-focused mindset, skilled in negotiating, and will be providing strategic planning, implementing company systems & operations. Some of Mr. Postill’s direct responsibilities will include marketing operations, acquisitions, debt placement, & investor relations.Christian. Proud Father. NCAA National Champion. Professional Athlete. Majored in Business and Sports.Get in Touch with JasonWebsite: https://www.mhcigroup.com/ Email: jason@mhcigroup.com To Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
SA978 | The Aspects of Successful Retail and Mixed-Use Developments with Sandy Shindleman
4d ago
SA978 | The Aspects of Successful Retail and Mixed-Use Developments with Sandy Shindleman
Let’s delve deeper into the complexities and opportunities of the commercial and retail space in today’s episode with Sandy Shindleman!Today, Sandy walks us through his extensive background in the development and construction side of commercial and residential space, making multiple asset classes work together in one community, and the things he considers to ensure the success of a real estate development project.Key Points & Relevant TopicsSandy’s journey to retail space, building relationships with well-known tenants, and construction businessCurrent trends and the future of the retail spaceThe typical ratio between retail and residential spaceFactors to consider when looking for the right locations for mixed-use development projectsThe value of treating people well and sharing your knowledge in real estateSucceeding in the real estate business by helping people succeedResources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout Sandy ShindlemanSandy is the founder of the Shindico group of companies. Under Sandy’s leadership, Shindico has established itself as a trusted leader in all aspects of the Commercial Real Estate industry.  Sandy has been actively involved in the industry since 1975, lecturing at a variety of universities and conferences, writing a variety of articles and blogs, and acting as Chair for the Winnipeg Real Estate Forum and the CORFAC Conference Committee.  As a CCIM senior instructor Sandy has taught worldwide. He has served on numerous CCIM committees including Body of Knowledge, CCIM Board of Directors and Professional Standards Committee, and was President of the CCIM Foundation and Past Chair of the International Operations.  Sandy’s commitment to the environment and communities Shindico serves is evidenced by the company’s BOMA BEST Gold certified head office as well as his contributions to community initiatives such as the Shindleman Aquatic Centre in Portage la Prairie and the Assiniboine Park Conservancy’s Willow Tunnels.  Get in Touch with SandyWebsite: https://www.shindico.com/ Construction Services: https://snrconstruction.ca/ Sandy’s Personal Business: https://storageville.ca/ To Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
SA977 | Invest in Large Mobile Home Park Communities and Deals with Tyler Lekas
5d ago
SA977 | Invest in Large Mobile Home Park Communities and Deals with Tyler Lekas
Listen to this amazing conversation with Tyler Lekas as he speaks about his massive success in the mobile home park space! Tyler covers some of the things investors must learn about building partnerships, the benefits of investing in mobile parks and communities, the current condition of this asset class, and interesting things about investing in the Arkansas market. Key Points & Relevant TopicsHow Tyler got introduced to mobile home park investing and met his business partnerMain reasons why Tyler is attracted to mobile home parks The current supply and demand of mobile home parks in the USWhat makes Florida a good market for mobile home parksThings to look at when looking for a long-term business partnerThe pain points of scaling a large real estate portfolioHaving an exit plan or strategy in a syndicationHow the mobile home park eviction process works in ArkansasAdvantages of investing in the Arkansas marketFuture trends and the current situation of the mobile home park spaceResources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout Tyler LekasTyler Lekas began his career at First Investors as a Financial Advisor. He then moved to Stifel Nicolaus where he managed a hybrid book of both retail and institutional money. In 2017 he started the acquisition and management of mobile home parks. He purchased his first 55 space park in Florida in 2018. Since that time, Tyler, and Jason’s company, MHCI Group, have purchased 752 units throughout the Southeast and they are the largest private owner of mobile home parks in Arkansas. Tyler oversees the property management team, construction, inspections for new acquisitions, private utility expertise, and new/used home infills within each property. Get in Touch with TylerWebsite: https://www.mhcigroup.com/ LinkedIn: Tyler LekasEmail: tyler@mhcigroup.comTo Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
SA976 | Scaling and Diversifying Portfolio by Adding Luxury Storage Facilities with Marc Kuhn
6d ago
SA976 | Scaling and Diversifying Portfolio by Adding Luxury Storage Facilities with Marc Kuhn
Start your week by learning new strategies to start your real estate investing journey! In this episode with Marc Kuhn, he shares some recommendations on what to do and avoid to succeed as an entrepreneur, his diverse real estate portfolio, the benefits of investing in self-storage, and more. Key Points & Relevant TopicsMarc’s life working for his father and eventually running his own businessMarc’s advice for new entrepreneurs to succeed in starting a businessThe importance of asking for help and being open to working with peopleReasons to add self-storage to your investment portfolioMarc’s current focus and his passion for educating people about real estate investingThe current state of commercial real estate and the value of having an effective exit strategyResources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout Marc KuhnMarc Kuhn started his construction career in 1994 with his dad. He started at $1 per hour and got a $1 raise every year as he worked for his dad’s construction company. In 2010, he left his hourly job with $2,500 in his bank account. he started his entrepreneurial path and opened MAK Construction his first business. He has grown the construction company to over $25 million a year. They develop commercial projects both 3rd party and investment projects for their investors. Since 2018, they have added over 200 units in the Midwest. The benefits of real estate have given him the freedom of time. his goal is to help investors reach financial freedom through real estate. Today, he owns and operates three successful companies that do eight figures a year. Get in Touch with MarcWebsite: https://www.makconstructiongf.com/ / https://www.marckuhn.io/LinkedIn: Marc Kuhn YouTube: Marc KuhnNewsletter: https://marckuhn.substack.com/ To Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
SA975 | The Foundation of a Rewarding Investment and Entrepreneurial Journey with Terrence Murphy Sr.
Jun 7 2024
SA975 | The Foundation of a Rewarding Investment and Entrepreneurial Journey with Terrence Murphy Sr.
What does it take to be a successful entrepreneur in the real estate business? Terrence Murphy speaks about his realizations as an athlete that led to his lucrative career as a Realtor, brokerage owner, and investor.Terrence also shares his dedication to educating himself when he started and the lessons and challenges he faced as a young entrepreneur. Learn from our conversation and utilize this episode to put your desire to invest into action!Key Points & Relevant TopicsTerrence’s passion as an athlete and the challenges he had to go throughInitial steps Terrence took to start his journey in real estate investingWhat Drive’s Terrence decision to pursue his real estate investing careerChallenges of starting to build a portfolio and Terrence’s advice on overcoming themThe downside and upside of investing as a young entrepreneurHow to stand out as a brokerage in the real estate industryThe concept of intentional congruence and its impact on Terrence’s journey and successResources & LinksTerrence’s Podcast: https://terrencemurphy.com/podcasts/ Apartment Syndication Due Diligence Checklist for Passive InvestorAbout Terrence MurphyTerrence has successfully partnered with or founded 22 companies under the Terrence Murphy Companies brand and has invested in 30+ additional companies as a venture capitalist totaling 52 companies. He has completed over $4B+ in sales and acquisitions. Terrence has brokered $1.5 Billion in real estate sales and has an extensive real estate portfolio. Terrence possesses the same traits that he portrayed on the football field: integrity, passion, hard work, dedication, loyalty, desire to succeed, and excellence, all of which help his businesses continue to grow and his clients receive superior service. Get in Touch with TerrenceWebsite: https://terrencemurphy.com/ Instagram: @terrencecmurphyLinkedIn: Terrence C. Murphy Sr. Facebook: Terrence C. Murphy Sr. Twitter (X): @TerrenceRealtorYouTube: Real Estate Entrepreneur with Terrence MurphyTo Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
SA974 | Private Real Estate Debt Fund and the Lending Space with Kevin Dureiko
Jun 6 2024
SA974 | Private Real Estate Debt Fund and the Lending Space with Kevin Dureiko
In today's episode, let’s get into Kevin Dureiko’s expertise in the private lending business, capital raising, and originating loans! Kevin shares his initial focus on purchasing small and non-performing loans from local banks, his transition to commercial debt space, networking to gain investors and raise capital, and financing income-producing real estate assets. Key Points & Relevant TopicsHow Kevin started buying debt and non-performing loansKevin’s criteria for buying non-performing loansKevin on working on the lending side, raising funds, and what it takes for him to learn about originating loansThe importance of having a network in raising capital for an offeringBorrowers and investors’ sentiments in today’s real estate marketWhy Kevin is focusing on ground-up projects in today’s marketThe need for strict regulations in the debt spaceResources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout Kevin DureikoKevin Dureiko resides in Connecticut with his wife, Valerie, and their two young children. As a family, they enjoy outdoor activities, traveling, and are actively engaged in their community and church.  Kevin founded Birch and Dobson LLC in 2007. Initially, Birch and Dobson operated as a debt buyer but has since evolved into a private real estate debt fund.  In the early stages of his career, Kevin gained valuable experience in engineering, logistics, and served as a VP for a private lender. Additionally, he was a monthly consultant for nearly four years to a $30 billion hedge fund, focusing on the private lending industry, before fully dedicating himself to the growth of Birch and Dobson.  As the Fund Manager, Kevin raises capital from accredited investors, which is then deployed as first position mortgages on investment real estate. The fund specializes in financing income-producing properties for real estate investors and ground-up construction projects. In 2024, Kevin aims to leverage his extensive skills in the private lending industry to further advance the profession, educate more people about the power of private money funds, and propel Birch and Dobson past $30 million in assets under management.  Kevin Dureiko is a contributor on platforms such as Bigger Pockets and Apple Podcasts and frequently speaks at various conferences along the East Coast. More information about him can be found at KevinDureiko.com and birchdobson.com. Get in Touch with KevinWebsite: https://www.kevindureiko.com/ Facebook: Kevin DureikoLinkedIn: Kevin DureikoTo Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
SA973 | Make Passive Investing in Commercial Real Estate Your Primary Goal with Chad King
Jun 5 2024
SA973 | Make Passive Investing in Commercial Real Estate Your Primary Goal with Chad King
Today, Chad King joins us to discuss his success in flipping and wholesaling before transitioning into multifamily investing, how he made it possible to go from active to passive, and the strategies that make him continuously win deals in today’s market.Whether you’re an active or a passive investor, tune in to this episode to learn more!Key Points & Relevant TopicsWhy did Chad start his real estate investing journey as a flipper?Chad’s strategies for building his deal flow in flipping and wholesalingThe point where Chad decided to shift from active flipping and wholesaling to passive multifamily investingThe multifamily space in 2024 and the effect of politics on real estateSecrets to winning deals and Chad’s insights on alternative investments Why it’s important to be conservative in rent projections and underwritingThe power of passive income in living a life of freedomResources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout Chad KingFrom the onset, Chad was interested in understanding wealth/money. This quest to understand money led Chad to get finance and accounting degrees from Florida State University. Sadly, college didn’t teach the individual how to acquire wealth for themselves, only how to work for others.  After college, Chad took a job at Xerox selling copiers door to door, understanding that salespeople could control their own income. He mastered the game, becoming the number one producer in new business at Xerox in just his second year. Chad was simultaneously studying successful individuals who had achieved tremendous wealth and prosperity. He noticed a common theme amongst them—real estate. With an amazing woman by his side, Chad jumped into real estate full-time, and Titan Capital was born. Starting out in the wholesale/fix&flip space Chad has completed over 400 flips in his career. Apartments were always the end goal and Chad was able to take his active income from flipping and began acquiring commercial real estate.  Titan Capital Group is all about creating and preserving wealth. As well as taking care of our tenants, properties, and investors. We seek direct investment opportunities in appreciating, cash-flowing multifamily real estate. Titan Capital purchase value-add assets below replacement cost, allowing us to create equity upside. We then employ operational and management strategies to create stable, maximized returns over the life of the project and upon disposition. Chad has purchased 24 commercial real estate properties, completed 14 syndications, and has taken 10 projects full cycle. With an average IRR of 28% to investors. We are fortunate to have selected good properties with sound debt options and has never had to complete a capital call on any projects.Titan Capital currently operates $122,000,000 in multifamily real estate with majority being in Middle Tennessee. When he’s relaxing, you can catch Chad on the golf course or hanging out with his incredible family. Get in Touch with ChadWebsite: https://titancapitalgroupllc.com/ Instagram: @mrchadkingFacebook: Chad KingTo Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
SA972 | From Homeless to Hall of Fame: True Purpose Found Through REI with Rob Rowsell
Jun 4 2024
SA972 | From Homeless to Hall of Fame: True Purpose Found Through REI with Rob Rowsell
Today, we’ve got another incredible story from Rob Rowsell of how he went from a miserable to a fulfilling life!Rob will share what made him decide to get out of addiction and turn his life around, his journey to the success he has today in real estate investing, and more from him that every investor should hear! Key Points & Relevant TopicsRob’s crave for acceptance, drug addiction, sobriety, and entry into real estate investingWhat motivated Rob’s decision to stop his drug addiction and put his life backRob’s faith in God and its role in his sobrietyValuable advice for someone who wants to get out of addictionRob’s transition from solopreneurship to real estate investing and his current portfolioManaging a large and diversified real estate portfolioFactors to consider when looking for the right market and investment propertiesThe motivation behind Rob’s and its goal for readersResources & LinksRob’s Book: Addicted to Life, How I Went From Homeless To Extraordinary Success & Happiness In A Short Period of TimeRetire Young Retire Rich by Robert T. KiyosakiWho Not How by Dan SullivanApartment Syndication Due Diligence Checklist for Passive InvestorAbout Rob RowsellRob Rowsell is an award winning real estate investor and entrepreneur whose guidance has helped countless people just like you to turn their lives around, or to simply get out of a place of complacency and find their True Purpose.  Formerly a homeless drug addict, Rob decided he was DONE with living below what God had intended for his life & now has 24 years of Sobriety. Through hard work, his faith in God and the support of his family, he then found success in the fields of Auto Repair, Real Estate Investing and is a Best Selling Author as well.  He started his first auto repair shop in 2004 with his beautiful bride, Claudia, and had a successful EIGHT FIGURE  exit from his 5 auto repair shop businesses in 2021.  He has been investing in RE since 2007 when he started flipping houses, then he kept some of those as rentals, then graduated to Multi-family in 2009.  He got his single-family education from Wealth Intelligence Academy, Robert Kiyosaki, in 2007, and he got his Multi-family Education from RE Mentor, David Lindahl, in 2009. He was inducted into both of those schools’ Hall of Fame, Robert Kiyosaki’s Wealth Intelligence Academy in 2009 and RE Mentor in 2018.  He currently has 3000+ units, 25 complexes, in 6 states, valued at $117,000.00 AND is currently in escrow on 233 additional units in Las Vegas Nevada at this time.  Rob's bestselling book, “Addicted to Life, How I Went From Homeless To Extraordinary Success & Happiness In A Short period of Time” details this incredible journey.  Get in Touch with RobWebsite: https://www.robrowsell.com/ To Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
SA971 | Invest and Live Your Best Life With No Bad Days with Jeffrey Holst
Jun 3 2024
SA971 | Invest and Live Your Best Life With No Bad Days with Jeffrey Holst
How will you find courage and strength amid adversities and life challenges? This episode features Jeffrey Holst’s inspiring story about successful investing, failure, and living life to the fullest!This conversation with Jeff focuses more on valuing life, investing as a tool to fulfill your dreams, learning from mistakes through education, and his positivity, which will impact all of us!Key Points & Relevant TopicsJeff’s entry into real estate, his diagnosis of leukemia, and how he went to bankruptcyThe struggles Jeff had to overcome when he was diagnosed with a life-threatening sickness and his realizations in lifeWhat’s attractive about real estate investing that people must see?The value of being resourceful to get educated and have enough knowledge about real estateJeff’s story on having his bucket list, living his best life, and spreading positivityWhat drove Jeff to write his book “No Bad Days: How to Make Every Day Great”Insights on the current real estate market situation and multifamily spaceResources & LinksJeff’s Book: No Bad Days: How to Make Every Day GreatJeff’s YouTube Video: Learning to Live the Best Version of My Last Life EverApartment Syndication Due Diligence Checklist for Passive InvestorAbout Jeffrey HolstJeffrey Holst is an attorney, an author, a public speaker, a podcast host and a real estate investor. He has appeared on hundreds of podcasts and radio shows, where he has shared his incredible story of overcoming adversity and living an extraordinary life.  In spite of multiple life threatening illnesses, he has still found a path to climb to the highest point in Africa, swim with wild dolphins in the Red Sea, dodge sharks while diving at night in Australia, and hike among seals and penguins in Antarctica.  Jeff graduated early, with honors from Michigan State college of Law, where he was the graduating class speaker. He also holds an MBA. When not exploring the world, Jeff, splits his time between his homes in Chattanooga, Tennessee and San Juan, Puerto Rico.  His book No Bad Days - How to Make Every Day Great which was published by New York Publisher Morgan James in 2023, and quickly became an Amazon bestseller. It was the number one new release in personal finance on the first day it was available. Jeff is often referred to as the most interesting man in the world. Get in Touch with JeffreyWebsite: https://www.jeffreyholst.com/ YouTube: Jeffrey HolstFacebook: Jeffrey Holst / Last Life EverInstagram: @jeffreyholstTo Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
SA969 | From Raising Capital at 16 to Achieving Remarkable Results in Real Estate with Andrew Abernathey
May 31 2024
SA969 | From Raising Capital at 16 to Achieving Remarkable Results in Real Estate with Andrew Abernathey
How possible is it for a 16-year-old to raise capital for real estate investment? Let’s dive deeper into Andrew Abernathey’s fascinating journey of building his entrepreneurial spirit at such a young age!Andrew will definitely inspire everyone with his story of finding stability in the real estate investing business, success in capital raising and self-storage, and what we can learn from his past mistakes!Key Points & Relevant TopicsAndrew’s exciting story of how he got into real estate at a young ageAndrew’s foundation to start getting himself educated about real estate investingHow Andrew made it possible to raise $380,000 at the age of 16 and made a profitOvercoming the challenges of investing at a young ageThe pressure of being in a family with a good reputation in businessThe importance of getting into mentorshipThings Andrew looks for when investing or venturing into different businessesAndrew’s goals in the self-storage spaceTrends in the self-storage space that make this asset class still resilientResources & LinksWarren BuffetApartment Syndication Due Diligence Checklist for Passive InvestorAbout Andrew AbernatheyAndrew Abernathey is the Chairman and Founder of Abernathey Holdings, the Class A developer that has capitalized on vertical integration from inception to completion through operation. From general contractor to equipment supply and garage door dealer, Abernathey Holdings is paving the future of Self Storage solutions across the largest cities in America.  Born and raised in rural North Dakota, Andrew was instilled with lessons of hard work, the value of a dollar, and how to make that dollar compound. Get in Touch with AndrewWebsite: https://abernatheyholdingco.com/ / https://www.andrewabernathey.com/ Facebook: Andrew J. AbernatheyInstagram: @andrewjabernatheyTwitter (X): @AbernatheyAjLinkedIn: Andrew J. AbernatheyTo Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
SA968 | Raising Capital, Preferred Equity Investing, and Market Trends with Ben Fraser
May 30 2024
SA968 | Raising Capital, Preferred Equity Investing, and Market Trends with Ben Fraser
Stay updated about the current trends and future opportunities in real estate in this episode with Ben Fraser!Ben walks us through his career, from the financing and lending side to investing and capital raising. He also provides some strategies for building trust with potential investors, data-driven market insights, and thriving amidst rising interest rates. Key Points & Relevant TopicsBen’s background in the commercial space specifically as a Commercial Credit Underwriter and Commercial LenderBen’s journey to the investing side and raising capital, his thought process, and mindset shiftHow to attract investors and gain their trustCurrent trends and opportunities in today’s real estate marketBen’s perspectives on what to expect in the market and the impact of interest rates on the current trendsInvestors’ sentiments and how their decision is impacted by the distress in the marketResources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout Ben FraserBen Fraser is the Chief Investment Officer at Aspen Funds, where he combines his analytical nature with a passion for delivering outstanding client service and strong returns through out-of-the-box investments. With a professional background that spans over a decade, Ben has become an expert in the field of investment management and has worked for several reputable financial institutions. Ben is the co-host of the Invest Like a Billionaire podcast, where he joins his father, Robert, co-founder and CFO of Aspen Funds, along with co-founder Jim Maffuccio, to discuss economic trends and best practices for alternative investing. Prior to joining Aspen, Ben served as a Commercial Lender at First Business Bank, one of the top SBA lenders in the nation. There, he specialized in government-backed loan originations, specifically SBA and USDA loans. Before that, he worked as a Commercial Credit Underwriter for Crossfirst Bank, where he personally underwrote over $125MM in C&I and CRE loans across various industries. Ben also has experience working in the asset management industry, having served as a key member of the team at Tortoise Capital Advisors. At Tortoise, he helped grow institutional managed accounts from ~$3BN AUM to ~$7BN AUM. Ben holds an MBA from Azusa Pacific University and a Bachelor of Science in Finance from the University of Kansas, where he graduated magna cum laude. Ben’s commitment to excellence and his ability to deliver strong returns for clients make him an invaluable asset to the Aspen Funds team.Get in Touch with BenWebsite: https://aspenfunds.us/ Podcast: https://aspenfunds.us/podcast/ To Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
SA967 | Providing High-Quality Service to Wealthy Families in Real Estate with DJ Van Keuren
May 29 2024
SA967 | Providing High-Quality Service to Wealthy Families in Real Estate with DJ Van Keuren
How can you professionally serve prosperous families and investors in preserving their wealth through real estate investing? Today, we’ve got DJ Van Keuren and his expertise in building a reputable family office!DJ speaks about his competence in analyzing deals in the current real estate market, his point of view on finding investment opportunities, and what passive investors need to consider to capitalize on the potential of real estate regardless of the market situation.Key Points & Relevant TopicsHow DJ got involved in the family office spaceThe difference between an institution and a family officeIdentifying deals and opportunities to outweigh the risks of investingCurrent trends in the real estate marketThings to consider when looking for a market to invest inTaking advantage of the opportunity in the multifamily spaceWhat to expect in terms of the deal flow in today’s marketDJ’s valuable advice for passive investorsResources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout DJ Van KeurenNamed as one of Family Capitals Top 10 U.S. Family Office Real Estate Professionals, one of Trusted Insight's Top 30 Real Estate Investors at a Family Office, and founder of the Family Office Real Estate Institute, Mr. Van Keuren is the Co-Managing Member for Evergreen Property Partners.  D.J. has held senior management positions in real estate at several prominent single-family offices. Among them are The Hayman Family (Giorgio Perfume/Giorgio Beverly Hills & Discuss Dental), the Arsenault Family office (Mountain High Yogurt), and acting as the President of real estate for a family member of an owner of an MLB team. Mr Van Keuren is a member of the Forbes Real Estate Council, a frequent writer for Forbes on family office real estate investing, author of "Real Estate Investing for Family Offices," founder of The Family Office Real Estate Insitute, President of the Harvard Real Estate Alumni Organization, and a frequent speaker at family office conferences around the world. In addition, DJ was a Family Wealth Alliance finalist for its Best In Industry Awards for Thought Leadership and Special Industry Contributions awards. He has been published in Forbes, Family Office Elite, Real Asset Advisor, National Real Estate Investor, and Private Wealth and mentioned in The New York Times, PERE, National Real Estate Investor, and Trusted Insight, among others. Mr Van Keuren is a current Advisor to Keiretsu Family Office, a member of the GP Advisory Committee to Gated Rentals and a past Stanford Global Family Office Committee member, editorial board member for Real Asset Advisor Magazine, a prior Board Member for the Real Estate Academic Initiative at Harvard. D.J. received his Master's Degree from Harvard University in Management and Finance, attended graduate studies in Real Estate from the NYU Schack Real Estate Institute, and received his B.A. from Ball State University as part of the universities Div IA baseball team. Get in Touch with DJWebsite: https://www.djvankeuren.com/ / https://fore.institute/ / https://www.evergreenpropertypartners.com/ To Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
SA966 | Maximize Your Wealth by Mastering Vacation Rental Investing with Karan Narang
May 28 2024
SA966 | Maximize Your Wealth by Mastering Vacation Rental Investing with Karan Narang
Want to learn how to stand out in the vacation and short-term rental space? We’ve got the right guy for you in this episode, Karan Narang!Karan joins us to give tons of value through his mastery of vacation rental investing, how to succeed in this game despite its demand in the market, the significance of having effective systems and processes in place, and more things you should know about short-term rental!Key Points & Relevant TopicsReasons why Karan likes vacation and short-term rental investingThe power of short-term and vacation rentals in offsetting taxes3 great markets for short-term rental investingThe 5 pillars of success in short-term rentals and Karan’s advice to stand out from the competitionVacation Rental Mastery: Its programs and what they do for studentsCultivating your mindset to grow and be resilientThe importance of building systems and processes in managing short-term rentalsKaran’s perspective on the state of short-term and vacation rentals in today’s marketRecommendable systems and tools for short-term rentalsImportant metrics to consider when investing in vacation rentalsResources & LinksPodcast: The Vacation Rental MasteryApartment Syndication Due Diligence Checklist for Passive InvestorAbout Karan NarangKaran is a vacation rental investor, property manager, and coach with over two decades of professional experience. He is the founder of VacationRentalMastery.com, a coaching platform dedicated to cultivating success in the vacation rental market. Karan's keen eye for profitable opportunities has consistently maximized returns for property owners, thanks to his meticulous approach to property selection and his deep understanding of market dynamics. As the driving force behind VacationRentalMastery.com, Karan empowers aspiring vacation rental professionals with the tools and knowledge needed to thrive. He offers personalized coaching that covers investment strategies, property management best practices, and the latest market trends, helping his clients navigate the complexities of the vacation rental market with confidence. Through AAStays.com, Karan manages a wide array of properties, overseeing every aspect from marketing and guest relations to maintenance and financial management. His strategic approach ensures not only superior guest experiences but also enhanced profitability for property owners. Karan's dual role as a coach and property manager leverages his extensive experience to foster success in the vacation rental industry, making him a trusted advisor and manager who delivers exceptional results and invaluable guidance. Get in Touch with KaranWebsite: https://vacationrentalmastery.com/ / https://www.aastays.com/ Facebook: Vacation Rental MasteryLinkedIn: Karan NarangInstagram: @vacationrentalmasteryTo Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
SA965 | Acquiring and Rebuilding Distressed Commercial Assets with Rafik Moore
May 27 2024
SA965 | Acquiring and Rebuilding Distressed Commercial Assets with Rafik Moore
We’ll start this week by talking to one of the experts in commercial value-add strategy, Rafik Moore!Rafik walks us through his strategies from acquiring to converting mismanaged properties into lucrative investments, building connections with brokers, the potential of focusing on the industrial and retail sectors, and how his resiliency has helped him thrive and succeed over the years.Key Points & Relevant TopicsWhat made Rafik start his investing journey through flipping housesThe importance of not giving up on real estate despite mistakes and lossesRafik’s approach to increasing the occupancy rate of a property or buildingFinding deals in today’s market and building relationships with brokersThe value of acquiring distressed assets and recognizing their investment potentialHedging against risks of investing in real estateResources & LinksRich Dad Poor Dad by Robert T. KiyosakiApartment Syndication Due Diligence Checklist for Passive InvestorAbout Rafik MooreOriginally from Uzbekistan, Rafik Moore now resides in Edina, MN, with his family. He graduated in 2001 from the University of Minnesota’s Carlson School of Management with a Bachelor of Science in Finance.  Rafik is a seasoned professional in the commercial real estate sector, with over two decades of experience. His expertise spans overseeing the organization's commercial services, including asset management, property management, and investor services. He has an impressive track record, managing over $310 million in assets nationwide.  Rafik is dedicated to revitalizing distressed properties and takes pride in mentoring emerging leaders. His core values include hard work, equality, and community contribution. He is multilingual, fluent in English, Spanish, Russian, and Uzbek, and enjoys reading, running, chess, and mountaineering. Active in the community, Rafik is committed to making a meaningful impact. Get in Touch with RafikWebsite: https://braitcapital.com/ To Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
SA964 | Blockchain & Digitalization: A Convenient and Fast Funding Option for Investors with Kirill Bensonoff
May 24 2024
SA964 | Blockchain & Digitalization: A Convenient and Fast Funding Option for Investors with Kirill Bensonoff
Tune in with our guest, Kirill Bensonoff, who will provide a seamless and convenient way to fund your deal and properties!Kirill talks about the role of blockchain technology in acquiring loans, the significance of digitalization, how technology developers can prevent the risks of blockchain for investors, and the future of financial technology.Key Points & Relevant TopicsThe reason behind the founding of New Silver and the need for the digitalization of consumer mortgagesThe impact of blockchain technology on real estate investingDoes the current law and regulation have an impact on blockchain technology?Why blockchain application developers should make platforms easy for end-usersHow developers can protect blockchain platforms from fraudResources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout Kirill BensonoffKirill Bensonoff, the Co-Founder and CEO of New Silver which recently launched free loan origination software for its wholesale partners, has had a successful journey in creating dynamic fintech solutions. Kirill is an advocate for crafting and supporting groundbreaking fintech solutions. With a robust background encompassing over 18 years in fintech, real estate, blockchain, and cloud computing, Kirill has successfully bootstrapped two high-growth tech companies to multimillion dollar exits. His journey is a testament to the fusion of expertise and entrepreneurial spirit, shaping the future of financial technology. Get in Touch with KirillWebsite: https://newsilver.com/ To Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
SA963 | Investing in Mentorship and Education to Achieve Bigger Goals with Leslie Awasom
May 23 2024
SA963 | Investing in Mentorship and Education to Achieve Bigger Goals with Leslie Awasom
You’ll surely get motivated to start your real estate investing journey when you listen to this episode with Leslie Awasom!Leslie shares the things that made him quit his job in the medical field to shift into investing, his success in the multifamily space, strong partnerships, the value of mentorship, his continuous growth, and his passion for guiding aspiring investors. Key Points & Relevant TopicsWhat made Leslie changed his career path and life trajectorySteps Leslie had to take to get educated and learn about real estate investingThe importance of learning from mistakesWhy you should have the right mentor when transitioning to multifamily investingThe role of personal branding and networking to succeed in capital raisingLeslie’s approach to overcoming his impostor syndrome The core values that contributed to Leslie’s growth and success in real estateResources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout Leslie AwasomLeslie is the Director of Operations and Co-founder of XSITE Capital Investment LLC. He manages the company operations, market/data analysis, cash flow and budget analysis. Leslie bought his first investment property in 2017 and transitioned to multifamily investing in 2019. Leslie is a trained Nurse Anesthetist and entrepreneur who lives in Hanover, Maryland. Leslie and the XSITE Capital team host a rapidly growing multifamily-focused meetup in Maryland where they provide resources and add value to individuals interested in growing their wealth and changing their financial future. Leslie is a husband, father of two beautiful girls and a son and loves to spend his spare time reading and flying drones. Get in Touch with LeslieWebsite: https://xsitecapital.com/ LinkedIn: Leslie Awasom, CRNAFacebook: Leslie AwasomInstagram: @leslieawasomTo Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
SA962 | The Current State and Future of Single Tenant Net Lease Retail Space with Laith Hermiz
May 22 2024
SA962 | The Current State and Future of Single Tenant Net Lease Retail Space with Laith Hermiz
Today, Laith Hermiz joins us to share his incredible experience in retail development and expertise in seizing opportunities in the retail space!Laith discusses how he continues to thrive in the single-tenant net lease despite some challenges in the market, the present and future trends in the retail business, and more insights that will help you stay ahead of the game in this asset class. Key Points & Relevant TopicsLaith’s extensive background in real estate developmentHow to stay ahead of the competition in the single-tenant net lease spaceThe future of single-tenant net lease and retail real estateThe impact of online sales and businesses on retail real estateWhat’s the real challenge in the market today and what makes Laith optimistic in the retail spaceCurrent trends and future opportunities in the STNL spaceThe importance of networking, taking risks and action, and starting early in real estateResources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout Laith HermizLaith Hermiz founded Ironside Realty to transform long-term relationships into high-quality development projects and acquisition opportunities. As founder and Chief Executive Officer of Ironside Realty, Laith is responsible for the execution of company strategy, including implementing and directing all development and investment transactions and guidance for all asset management activities. Mr. Hermiz has a diverse background in commercial real estate both in the public REIT and private sectors. He has acquired and developed over $2 billion worth of STNL retail, shopping center, mixed-use, and industrial projects. Prior to founding Ironside Realty, Mr. Hermiz served as Chief Operating Officer and Executive Vice President with Agree Realty Corporation. During his time at Agree Realty, he was integral in the company’s growth from 73 properties to over 1,600 properties in just over 11 years. He served as the point person to all major retailers, establishing invaluable, enduring relationships throughout the industry. Prior to Agree Realty, Mr. Hermiz held positions as Vice President of Development and Redevelopment with Ramco-Gershenson Properties Trust, a large shopping center REIT. Mr. Hermiz holds a B.S. from Loyola University, Chicago, and a Juris Doctorate from the University of Detroit-Mercy School of Law. He is a licensed attorney and real estate broker in the state of Michigan and an active member of the State Bar of Michigan and the International Council of Shopping Centers. Get in Touch with LaithWebsite: https://www.ironsiderealty.com/ Email: laith@ironsiderealty.com LinkedIn: Laith HermizTo Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
SA961 | Control Your Future and Utilize Self-Directed Investing with Parker Pursell
May 21 2024
SA961 | Control Your Future and Utilize Self-Directed Investing with Parker Pursell
Want to get to know a retirement investing system where you can have the freedom to choose your investments? Parker Pursell is here to explain the flexible options they offer, the things you should know about retirement investing, and take action today.Don’t miss out on learning from Parker’s wisdom about finances and investing in this episode!Key Points & Relevant TopicsParker’s life in the hospitality space How Parker got into financial services and how it changed his outlook on moneyHow eQRP works for real estate investing401(k) vs. IRA and what’s better for real estate investorsRollovers of active 401(k) and IRAThe role of eQRP for syndicators and capital raisersThe importance of taking action and leveraging what your retirement account can doResources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout Parker Pursell Parker Pursell serves as the President of eQRP, a financial services company focused on helping physicians, business professionals, and investors break their financial shackles and find their path to financial freedom. With a servant leadership mindset, Parker has helped mentor and grow both people and profits for companies such as Chick-Fil-A and Pursell Farms. Finding himself unemployed during the COVID-19 pandemic, Parker discovered a newfound passion for helping guide others on their paths to financial freedom, which lead him to the eQRP. Today, through his leadership, speaking, and mentorship, Parker shares his story of inspiring the people around him to become better versions of themselves than they were before. Get in Touch with ParkerWebsite: https://eqrp.com/ LinkedIn: https://www.linkedin.com/in/parker-pursell/ To Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!